Tech stocks like Dell and Arista Networks have taken a hit amid worries of an AI bubble. JPMorgan analysts recommend buying up shares of bargained hardware and networking companies with strong fundamentals poised for gains. Most stocks recommended have declined between 10% to 30% from their highs in the last four weeks.

JPMorgan suggests that worries about an AI bubble may be overdone, leaving shares of businesses undervalued. Dell, which has seen a 25% stock value decline, was recommended despite risks into margins. Other picks include Arista Networks, Coherent, Flex, Jabil, and Amphenol, deriving most of their AI exposure from Big Tech firms.

Other companies on JPMorgan’s list include Super Micro Computer, Corning, Fabrinet, and Lumentum. These companies are expected to keep investing in infrastructure and have more stable financing than less established players. The analysts believe these stocks represent bargains with strong fundamentals and potential for gains.

Read more at Yahoo Finance: JPMorgan Has 15 Ideas for ‘Bargain Hunting’ Tech Stock Investors