10 High-Flying AI Stocks to Buy

Page 4 of 4

6. Dell Technologies Inc. (NYSE:DELL)

Market Capitalization: $117.18 billion

On April 9, Wolfe Research initiated coverage of Dell Technologies Inc. (NYSE:DELL) with a Peer Perform rating, citing potential risks related to memory pricing and supply constraints. The firm noted that these challenges could impact margins and near-term demand dynamics, suggesting that investors may benefit from waiting for a more favorable entry point. Despite these concerns, Dell remains a central player in enterprise IT infrastructure, particularly in the context of AI-driven demand.

The day before, BofA raised its price target on Dell Technologies Inc. (NYSE:DELL) to $205 from $172 while maintaining a Buy rating, following discussions with CEO Michael Dell. The firm expressed increased confidence in the company’s ability to compound earnings and free cash flow throughout the AI cycle, driven by its scale, execution capabilities, and integrated product offerings. Dell’s ability to deliver end-to-end infrastructure solutions positions it uniquely within the competitive landscape.

Dell Technologies Inc. (NYSE:DELL) is a global leader in IT infrastructure, providing hardware, software, and services that support enterprise computing and data center operations. Headquartered in Texas, the company has evolved into a key enabler of AI deployment at scale. As organizations invest heavily in AI capabilities, Dell’s comprehensive portfolio and operational scale position it to capture significant value, supporting a strong long-term investment thesis with substantial upside potential.

While we acknowledge the potential of DELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DELL and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 High-Flying AI Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.

Page 4 of 4