Analyst Says Dell (DELL) is a Cheap AI Stock Amid Major ‘Disruption’ – ‘I’m Not Kidding’

Core Insights - Dell Technologies Inc (NYSE: DELL) is identified as a promising AI stock amid Federal Reserve rate cuts, with analysts highlighting its affordability [1][2] - The company is positioned well as enterprises increasingly adopt AI and require on-premises data solutions, contributing to its attractiveness as an investment [2] - There is a potential for Dell's stock multiple to improve, as it currently trades at a 15 multiple compared to historical highs of 30, indicating room for growth in valuation [2] Group 1 - Dell is considered a cheap stock, with buyback initiatives in place, which may enhance shareholder value [2] - The hardware sector, including Dell, may experience a shift in market multiples, potentially outperforming Software as a Service (SaaS) companies, which could see their multiples decline [2] - There is a belief that while Dell is a viable investment, other AI stocks may offer higher returns with limited downside risk [3]