Billionaire Mario Gabelli’s 10 Large-Cap Stock Picks with Huge Upside Potential

5. Dell Technologies Inc. (NYSE:DELL)

Gamco Investors Equity Stake: $815,899

Market Capitalization as of May 5: $65.85 Billion

Stock Upside Potential as of May 5: 36.21%

Number of Hedge Fund Holders: 63

Dell Technologies Inc. (NYSE:DELL) is a technology company that provides technology solutions, including computers, monitors, and other technological products and services. Its product line includes personal computers, monitors, servers, data storage, and networking equipment. It is one of the companies benefiting from the strong demand for artificial intelligence servers amid the digital transformation and AI revolution.

In the fourth quarter of fiscal 2025, Dell Technologies Inc. (NYSE:DELL) recorded $1.7 billion in AI optimizer server orders. It also shipped $2.1 billion in AI servers, affirming how it increasingly benefits from the AI revolution. Likewise, analysts at Citi have reiterated a Buy rating on the stock, even after cutting the price target to $105 from $145.

Dell Technologies Inc. (NYSE:DELL) is well-positioned to benefit owing to its strong clientele base and partnerships with Microsoft, Meta Platforms, and Nvidia on server solutions. Likewise, the company should shrug off a slowdown in PC sales as it increasingly introduces AI PCs.