We recently published 10 Buzzing AI Stocks to Watch in September. Dell Technologies Inc. (NYSE:DELL) is one of the stocks to watch in September.
Bryn Talkington, managing partner at Requisite Capital Management, said in a CNBC program on August 20 that she trimmed her stake in Dell Technologies Inc. (NYSE:DELL), but would pile into the stock if it retreats to low $100s.
“Dell’s growth engine is their infrastructure services group and inside of that, that’s where they are like the key tech stack within the AI build,” Talkington said. “I think they’re taking really strong market share from SMCI, but because it’s just part of the company, they still have a big consumer company with the computers. I think that as the stock got into the high 130s, I just felt it was going to be a top, and so I think a temporary top. But once again, they’re buying back shares. I’m a huge fan of Michael Dell. I’ll definitely look to get back in if I get an opportunity into the low 100s.”
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Sergei Tokmakov Terms.Law from
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While we acknowledge the potential of DELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.