10 Best Hardware Stocks to Buy Now

3. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 63

Dell Technologies Inc. (NYSE:DELL) is a multinational technology company that operates two main segments including Infrastructure Solutions Group and Client Solutions Group. It specializes in Artificial Intelligence, software-based solutions, and cloud infrastructure. The company has a robust portfolio of personal computers, servers, cloud infrastructure technologies, networking, and storage solutions.

On February 27, Dell Technologies Inc. (NYSE:DELL) released its fiscal fourth and full-year 2025 results. The company achieved 8% year-over-year revenue growth for the full year, with the fourth quarter revenue growing 7% during the same time. Management noted that the fourth quarter growth was driven by its Infrastructure Solutions Growth which grew 22%. In addition, the company remains confident in its progress in AI. Dell Technologies Inc. (NYSE:DELL) has noted that it has booked AI deals with xAI and others which has taken its AI server backlog to $9 billion.

Looking ahead, the company expects revenue between $101.0 billion and $105.0 billion, up 8% year over year at the midpoint. It is one of the best hardware stocks to buy now.