20 Trending AI Stocks on Latest Analyst Ratings and News

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18. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 88 

Dell Technologies Inc. (NYSE:DELL) designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services. Mizuho analyst Vijay Rakesh recently initiated coverage of the stock with an Outperform rating and $135 price target. The analyst, in an investor note, highlighted that generative artificial intelligence was igniting growth and disruption across multiple markets, including AI servers which comprised the infrastructure enabling the AI revolution. The note underlined that there were two major server manufacturers spearheading this future, including Dell Technologies.

Per the analyst, Dell Technologies Inc. (NYSE:DELL) was better positioned with a broader portfolio and better balance sheet in an overall environment where Supermicro was seeing share loss, margin pressure, negative free cash flow, and lax internal control issues. The note detailed that generative AI was growing exponentially, supporting secular growth in the AI server market, even amid profitability risks from low differentiation, a concentrated customer base, and increasing competition.

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