11 AI News and Ratings You Should Take a Look At

4. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 63

Dell Technologies Inc. (NYSE:DELL) provides computing, storage, networking, and cybersecurity solutions for businesses worldwide.

On March 3, TipRanks reported that DBS analyst Jim Hin Kwong Au reaffirmed a Buy rating on Dell (NYSE:DELL) with a $146.40 price target. His positive stance is based on strong non-GAAP EPS growth, driven by high-margin AI servers and management’s optimistic revenue and earnings forecasts of 8% and 14% increases, respectively. Dell’s leading position in PCs, storage software, and converged systems further supports its competitive advantage. Moreover, AI-enabled PCs developed with Microsoft and AI-optimized servers are expected to fuel future expansion. With the stock trading below the peer average P/E ratio, the analyst sees growth potential for investors.