13 Best Edge Computing Stocks to Buy According to Hedge Funds

8. Dell Technologies Inc. (NASDAQ:DELL)

Number of Hedge Fund holders: 63

For most of its life, Dell Technologies Inc. (NASDAQ:DELL) has been a hardware company that manufactures computers. However, the company pivoted into the software space several years ago. Dell builds purpose-built hardware to operate in edge environments where there is a dearth of space, power, and network connectivity. It also combines hardware and software for automating and managing edge deployments. The company is also big on analytics and edge AI, which helps businesses analyze data locally and in real time.

Dell recently unveiled a suite of innovations aimed at modernizing data centers for AI applications. These advancements are likely to enhance stability, efficiency, and adaptability of workloads. Given the growing demands of AI workloads, the company is focusing on disaggregating infrastructure that will separate compute, storage, and networking resources. While analysts see a huge upside for this stock, it is not without any headwinds. Analysts warn that the recent tariffs announced by President Trump make some tech stocks like Dell more vulnerable.