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Here's My Top Artificial Intelligence (AI) Stock to Buy in June
Shares of Dell Technologies (NYSE: DELL) have underperformed the broader market in the past year, losing 20% of their value while the tech-laden Nasdaq-100 Composite index recorded 14% gains during the same period.However, Dell's poor returns in the past year mean that it is trading at a very attractive valuation right now. Throw in the fact that the company is witnessing a gradual uptick in growth due to a recovery in the personal computer (PC) market and a sharp increase in the demand for its artificial intelligence (AI) servers, and it could very well turn out to be a solid buy right now.Let's look at the reasons why Dell looks like a top AI stock to buy this month.Continue reading
Shares of Dell Technologies (NYSE: DELL) have underperformed the broader market in the past year, losing 20% of their value while the tech-laden Nasdaq-100 Composite index recorded 14% gains during the same period.
However, Dell's poor returns in the past year mean that it is trading at a very attractive valuation right now. Throw in the fact that the company is witnessing a gradual uptick in growth due to a recovery in the personal computer (PC) market and a sharp increase in the demand for its artificial intelligence (AI) servers, and it could very well turn out to be a solid buy right now.
Let's look at the reasons why Dell looks like a top AI stock to buy this month.
