Top 10 Undervalued Tech Stocks to Buy According to Hedge Funds

6. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Investors: 60

Forward P/E Ratio as of January 13: 12.36

Dell Technologies Inc. (NYSE:DELL) is a leading provider of IT infrastructure, software, and services. The company has a 40-year history of innovation and operational excellence. Dell Technologies Inc. (NYSE:DELL) serves a diverse range of customers, from small and medium-sized businesses to large enterprises and governments.

Dell Technologies Inc. (NYSE:DELL) is committed to driving future growth through several strategic initiatives. One area of focus is specialized hardware and integrated solutions designed to meet the unique demands of AI workloads. The company is expanding its AI server portfolio and is offering the industry’s first enterprise-ready GB200 NVL72 server racks with a direct liquid cooling capacity of up to 72 GPUs per rack. The company’s AI servers and related solutions, such as power management, cooling solutions, network switches, and professional services, are designed to meet the complex and high-value engineering needs of AI deployments and ensure efficient implementation.

Furthermore, Dell Technologies Inc. (NYSE:DELL) is investing in storage and networking solutions. The company is enhancing its PowerStore, PowerFlex, and PowerScale portfolios to meet the evolving needs of its customers. Recent updates include the introduction of the PowerScale F710, which offers 614TB capacity density per rack unit, and a new software release that aims to boost write performance by 163% and read performance by over 2x. These innovations are designed to address the growing demand for high-performance and scalable storage solutions, particularly in the context of AI and big data applications.