5 Best Hardware Stocks to Buy for the AI PC Revolution

3. Sony Group Corporation (NYSE:SONY)

Upside Potential: 55.43% 

On May 10, BofA raised the firm’s price target on Sony Group Corporation (NYSE:SONY) from $30.67 to $34 and maintains a Buy rating on the shares. According to the analyst’s research note for the investors, the company posted positive earnings with solid core businesses, which indicates significant upside potential for the stock.

On May 6, Sony Group Corporation (NYSE:SONY) was reported to be finalizing a deal to acquire Recognition Music Group from Blackstone Inc., according to sources cited by Bloomberg’s Lucas Shaw. Recognition Music Group either owns or manages the rights to more than 45,000 songs, including works by Justin Bieber and Neil Young. Sony is expected to complete the acquisition through a joint venture with Singapore sovereign wealth fund GIC, with the transaction reportedly valued between $3.5 billion and $4 billion, making it one of the largest music rights deals in industry history.

Sony Group Corporation (NYSE:SONY) is a global conglomerate specializing in electronics, gaming, entertainment, and financial services. Founded on May 7, 1946, and headquartered in Minato, Tokyo, Japan, the company is a dominant force in gaming through its PlayStation ecosystem and controls more than 50% of the global CMOS image sensor market, a critical technology underpinning physical AI applications such as autonomous vehicles, robotics, and AI-powered imaging systems.

Sony’s planned expansion in music rights ownership further strengthens its recurring revenue streams and deepens its leadership position within the global entertainment industry. Combined with its strategic exposure to AI-enabling sensor technology, the company remains well-positioned to benefit from long-term growth across multiple high-value technology and media markets.