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Dell Technologies Inc. (NYSE:DELL) is one of the Best Multibagger Stocks to Buy for Long Term. On April 8, BofA Securities lifted its price objective on the company’s stock to $205 from $172, while maintaining a “Buy” rating on the shares. The new price target reflects an upside of ~15.3% from the current market price of $177.8.
The firm’s analyst, Wamsi Mohan, believes that Dell Technologies Inc. (NYSE:DELL) has been executing from a position of strength in the broader AI infrastructure buildout. The company possesses enough supply and operational capacity to deliver the fiscal 2027 guidance. Its CEO noted that AI demand remains strong, highlighting AI as the foundational shift. Overall, the firm opines that robust execution, increased attachment of Dell intellectual property in storage, and early stages of enterprise AI adoption are the factors behind maintaining the rating on the company’s stock.
Also, Dell Technologies Inc. (NYSE:DELL)’s differentiated capability to deliver at scale places it to compound EPS growth and FCF across the AI cycle.
Dell Technologies Inc. (NYSE:DELL) is engaged in designing, developing, manufacturing, marketing, selling, and supporting various comprehensive and integrated solutions, products, and services.
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.
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