We recently published a list of Top 10 Stocks Market Is Watching Today. In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other top stocks market is watching today.
Chris Grisanti, MAI Capital Management chief market strategist, said in a latest program on CNBC that the market is going through a shift towards value stocks from growth stocks.
“A lot of investors miss is that you have to choose a great company, but you also have to choose a great entry price. And the valuation, especially over the last several years, has really gotten out of whack as growth has outperformed value by the most ever that we’ve ever seen. So now we’re just kind of getting back.”
The analyst warned that the latest selloff is not the “healthy correction” we used to see in the past.
“The economically sensitive stocks leading the way down. You’ve got banks that are tanking, you got airlines that are tanking, the worst groups are the financials, the industrial, and the consumer discretionary like retailers. So this is the market saying economic slowdown. Now is it right? You know the old saw about the market predicting eight of the last two recessions—maybe it’s wrong. The problem is one, it’s different this time so people should pay attention, and two, what generally happens is things can fall even on irrational fears, and then they become self-fulfilling.”
READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In.
For this article we picked 10 stocks Wall Street is currently focusing on. With each stock we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A close-up of a laptop displaying the company’s interactive podcasting platform.
Dell Technologies Inc. (NYSE:DELL)
Number of Hedge Funds Investors: 60
Kim Forrest, chief investment officer at Bokeh Capital Partners, talked in a latest program on Schwab Network about the latest earnings of Dell Technologies Inc. (NYSE:DELL) and the impact of DeepSeek on the company. She is in a wait-and-see mode on Dell and said further “clarity” is needed on the company’s forward path in the changing environment.
“I’m a fundamental analyst, so I’m looking at things like demand drivers and, you know, the world in which Dell and the rest of the tech world works, and it’s a confusing one. Sure, there are issues with tariffs. We don’t know, like, are there going to be tariffs on stuff shipping out of Taiwan? We don’t know. Is that really China? Isn’t it? Who knows? So, there’s issue number one. But the bigger issue is demand, and I think this all goes back to AI. This is what has been driving demand, not necessarily demand for its PCs— even its AI PCs—it’s pretty small potatoes compared to the whole server market that drove Dell in this last year or so. So, looking at that, it’s a real conundrum of whether or not the companies are going to continue to demand these particular chips that Dell can provide. So, that’s a big question, and in what numbers. Deep Seek gives us an idea that there are different ways to build these models and do inference on asking the questions of the models, right? And will we really need this infinite amount of chips that people have been banking on, that investors really bought into names like Dell and Nvidia? And the answer is up in the air at this point.”
Overall, DELL ranks 6th on our list of top stocks market is watching today. While we acknowledge the potential of DELL as an investment, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DELL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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