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

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 potential of DELL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 AI Stocks Hit with New Analyst Ratings and 10 Trending AI Stocks on Wall Street

Disclosure: None.

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