Bank of America Sticks With DELL After CFO Transition

Dell Technologies Inc. (NYSE:DELL) is one of the  Hot AI Stocks to Keep on Your Radar. On September 9, Bank of America reiterated the stock as “Buy” and said it’s sticking with Dell after the company announced a transition to a new CFO on Monday.

The company  announced that Chief Financial Officer Yvonne McGill will step down from her role effective September 9, 2025. David Kennedy was named as the interim CFO, effective the same date.

According to Jeff Clarke, Vice Chairman and COO, Kennedy brings 27 years of experience at Dell and “is well suited to provide immediate leadership for our finance team and the company.” His appointment comes at a time when Dell continues to expand its AI business operations.

“Our Buy rating is based on broad product portfolio, upside from AI, growth faster than the market, continuing share gains, and opportunity to grow margins over the next several years on higher mix of storage and mix shift to premium configurations in PCs and servers, which offset risks including a slow global economy, and high financial leverage.” -BofA

Dell Technologies Inc. (NYSE:DELL) provides IT solutions, including servers, storage, networking, and personal computing devices, to businesses and consumers worldwide.

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Disclosure: None.