11 Stocks Crushing Wall Street With Whopping Gains

7. Dell Technologies Inc. (NYSE:DELL)

Shares of Dell Technologies jumped by 5.88 percent on Tuesday to end at $141.77 apiece after gaining a positive credit rating and outlook from Fitch Ratings.

In a statement, Fitch Ratings said it raised the Long-Term Issuer Default Ratings (IDRs) of Dell Technologies Inc. (NYSE:DELL) to BBB+ from BBB, and affirmed its Short-Term IDR at F2.

Companies under the BBB category indicate that default risks are currently low and that the capacity to pay obligations is considered adequate.

“The upgrade reflects core EBITDA leverage sustained below the previous 2x upgrade sensitivity since fiscal 2024. Fitch expects it to remain below this level through the rating horizon. The upgrade also reflects the rapid growth of Dell’s AI server business, which has created a large, higher-growth business line within its product suite,” Fitch Ratings said.

Within its Infrastructure Solutions Group (ISG), Dell Technologies Inc. (NYSE:DELL) guided that AI servers will generate $20 billion in revenues for the fiscal year 2026, from nearly zero before fiscal year 2024.

“Fitch expects growth, supported at fiscal 2Q26 by a $11.7 billion backlog, to moderate over the ratings horizon but the ISG will remain an overall growth driver. Rising data needs for generative AI increase system complexity, require larger inventory, and given system size, can cause notable timing effects on quarterly results,” it said.