20 Trending AI Stocks on Latest News and Analyst Ratings

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17. 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. The company was recently named among a basket of AI stocks that investment advisory Wedbush expects to benefit as the central bank in the US mulls interest rate cuts. Wedbush analysts recently highlighted that a number of information technology stocks that were tied to artificial intelligence had a chance to move higher with the Federal Reserve widely expected to step in and start cutting interest rates this week.

Wedbush analysts, led by Daniel Ives, named Dell Technologies Inc. (NYSE:DELL) as one of the beneficiaries of the emerging trends, noting that the stage was set for tech stocks to move higher into year-end and 2025 as the Fed and Powell kicked off their rate cutting cycle, macro soft landing remained the path, and tech spending on AI remained a generational spending cycle just starting to hit the shores of the tech sector.

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