Dell Technologies Inc. (NYSE: DELL) is a top AI stock, with Morgan Stanley analyst Erik Woodring raising the price target to $144.00. Analysts believe recent share pullback presents a good opportunity, with July quarter results expected to outperform. Dell is the leading OEM for AI compute, gaining share with key customers.

“We continue to like DELL’s long-term story,” says Morgan Stanley. Dell is leading in AI compute, gaining share with key customers. The company is back to gaining share in enterprise storage markets and is performing well in traditional servers. Dell’s current valuation offers an opportunity for multiple expansion and positive EPS revisions.

While Dell shows potential, some AI stocks may offer greater upside and less risk. For a potentially undervalued AI stock with promising prospects, check out the free report on the best short-term AI stock. Explore more AI stock options in the 10 Must-Watch AI Stocks for Investors and 10 AI Stocks Analysts Are Tracking Closely articles. No disclosure provided.

Read more at Yahoo Finance: Dell Named Leading OEM for AI Compute, Morgan Stanley Raises Price Target