AI News Investors Should Not Miss

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15. 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. Deutsche Bank analyst Matt Niknam recently penned a research note on the company, reiterating a Buy rating on Dell Technologies Inc. (NYSE:DELL) stock with a price target of $144.

Niknam highlighted that the shares of the company had gained more than 60% year-to-date and 80% over the past 12 months, as Dell had benefited from the artificial intelligence spending boom tied to servers. Niknam predicted that the shares had even more room to run. He forecast top-line growth to accelerate into the double-digits over the next several quarters, as Dell benefited from a confluence of tailwinds across key segments, where it was a share leader, like servers, storage and commercial PCs.

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