10 AI Stocks Surging on News and Ratings

8. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 63

Dell Technologies Inc. (NYSE:DELL) provides IT solutions, including servers, storage, networking, and personal computing devices, to businesses and consumers worldwide. On May 13, Raymond James raised the firm’s price target on the stock to $144 from $139 and kept an “Outperform” rating on the shares. The firm has noted a push out of AI platforms and a pull-in for PCs behind the rating. The analyst told investors in a research note how the AI transition between GPU generations has been witnessing delays, whereas checks suggest that upcoming tariffs have led to earlier PC purchases. It believes Dell has the potential to achieve stronger growth beyond 2025 as AI transitions from training to inferencing, leading to wider enterprise adoption.