30 Best and Worst Data Center Stocks

 4. Dell Technologies Inc. (NYSE:DELL)

Upside Potential: 49%

Number of hedge funds: 60

Dell Technologies Inc. (NYSE:DELL) is a key player in IT infrastructure modernization, artificial intelligence (AI), software-defined, and cloud-native infrastructure solutions. The company offers a wide array of products and services, including personal computers, servers, storage solutions, networking, software, and information security. When it comes to data centers, Dell provides an extensive range of products and services that address both traditional and emerging needs, such as servers, storage systems, hyperconverged infrastructure (HCI), cloud computing solutions, server racks and enclosures, modular data centers, and networking equipment. This comprehensive portfolio positions Dell Technologies Inc. (NYSE:DELL) well to leverage growth in the data center industry.

Dell Technologies Inc. (NYSE:DELL)’s Servers & Networking revenue grew a solid 58% year-on-year in Q3 2025 (November 2024), outpacing all other businesses by a significant margin. Encouraged by the strong results, Jeff Clarke, COO at DELL said that the interest in DELL’s portfolio is at an all-time high, driving record AI server orders demand of $3.6 billion in Q3 and a pipeline that grew more than 50%, with growth across all customer types.

In early January 2025, UBS named Dell Technologies Inc. (NYSE:DELL) as their top large-cap pick in Enterprise Hardware and Networking coverage in the US. UBS currently rates it as a BUY with a price target of $158.