From Yahoo Finance: 2025-04-14 15:33:00

In a recent article, we highlighted the 10 best hardware stocks to buy now, including Dell Technologies Inc. (DELL). The computer hardware industry, valued at $714.8 billion in 2024, is expected to grow to $972 billion by 2029, driven by trends such as edge computing and AI.

The global PC market saw a 1.8% growth in Q4 of 2024, with 68.9 million shipments, aided by Chinese government subsidies. However, a report on April 8 showed a 4.9% increase in PC shipments during Q1 of 2025, despite concerns about new tariffs impacting future shipments.

Dell Technologies Inc. (NYSE:DELL) operates in the technology sector, specializing in AI, software-based solutions, and cloud infrastructure. The company posted 8% year-over-year revenue growth for fiscal year 2025, with confidence in its AI progress and a $9 billion AI server backlog.

Looking ahead, Dell expects revenue between $101.0 billion and $105.0 billion, positioning it as one of the best hardware stocks to buy now. Despite its potential for growth, AI stocks may offer greater returns in a shorter timeframe, making them a more promising investment option.

To explore more AI investment opportunities, consider checking out the 20 Best AI Stocks To Buy Now and the 30 Best Stocks to Buy Now According to Billionaires.

Read more: Is Dell Technologies Inc. (DELL) The Best Hardware Stock To Buy Now?