10 Cheap Technology Stocks to Buy According to Hedge Funds

8. Dell Technologies Inc. (NYSE:DELL)

Forward P/E: 11.06

Number of Hedge Fund Holders: 63

Dell Technologies Inc. (NYSE:DELL) is an American multinational technology company that offers computing, storage, networking, cybersecurity, and IT solutions. The company designs, develops, manufactures, and sells a wide range of products including personal computers (PCs), servers, data storage devices, network switches, software, and peripherals, with an emphasis on providing comprehensive IT infrastructure solutions for businesses and consumers worldwide. According to hedge funds, Dell Technologies Inc. (NYSE:DELL) is one of the best cheap tech stocks to buy.

On February 28, Goldman Sachs analyst Mike Ng recently reaffirmed a “Buy” rating on Dell Technologies Inc. (NYSE:DELL) with a price target of $145. The analyst highlighted the company’s strong financial performance and promising future prospects. Dell Technologies Inc. (NYSE:DELL) reported earnings per share for Q4 of fiscal year 2025 that exceeded expectations, driven by the Infrastructure Solutions Group (ISG) segment that saw robust margins and anticipated growth in AI server orders and shipments. The company’s focus on high-margin products, an expected PC refresh cycle in fiscal 2026, and a substantial backlog of AI server orders indicate potential for continued growth and support the “Buy” rating.