Dell Hits Its Mark

Updated from May 12

Dell(DELL Quote) matched its first-quarter financial goals and forecasted earnings for the second quarter in line with Wall Street targets.

Shares jumped $1.50, or 4.1%, to $38.11 in early trading Friday. The stock is still off a four-and-a-half-year peak of $42 logged in December, but the buying spree that began after-hours Thursday lifted it to a one-month high.

Round Rock, Texas-based Dell highlighted its international growth and its sales of storage and mobile products as key drivers for the quarter. ...