Dell Technologies (DELL) Touted as an ‘AI Juggernaut’ After Earnings Beat

Dell Technologies Inc. (NYSE:DELL) is one of the AI Stocks Investors Should Keep on Their Radar. On August 29, Bank of America reiterated the stock as “Buy” and raised the price target to $167 from $165. The firm has deemed Dell as an “AI juggernaut” following earnings on Thursday.

“We remain bullish on shares of DELL where we expect long term EPS growth of 15% over the next five years supported by strong growth in AI servers. The qtr and FY guide re-affirmed our confidence in Dell continuing to drive upside to AI server consensus rev ests.”

Dell Technologies Inc. (NYSE:DELL) provides IT solutions, including servers, storage, networking, and personal computing devices, to businesses and consumers worldwide.

While we acknowledge the risk and potential of DELL as an investment, our conviction lies in the belief that some 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 and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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