Key Points Applied Digital's stock has soared over the past year. While it may be tempting, shares seem overvalued. The company isn't profitable right now, either. 10 stocks we like better than Applied Digital › It's a good question. Should you buy Applied Digital's (NASDAQ: APLD) stock while it's under $30 per share? (As I write this, it's right at $30, but like all stocks, it's likely to go up a bit and down a bit from day to day.) There are some very solid reasons why you might want to be an ...

Netskope Inc. (NASDAQ:NTSK) is one of the best up and coming stocks to buy according to Wall Street. On January 5, RBC Capital analyst Matthew Hedberg lowered the firm’s price target on Netskope to $23 from $27, while keeping an Outperform rating on the shares. Hedberg predicts that 2026 will distinguish companies based on their AI readiness. Companies that are prepared for enterprise AI adoption are expected to see clear benefits, while those lagging may struggle against the ‘AI is the death of software’ ...

Core Insights - Applied Digital Corporation (NASDAQ: APLD) is recognized as one of the best AI stocks to buy under $50, focusing on next-generation digital infrastructure for HPC and AI workloads [1] - The company has entered into a loan facility with Macquarie Group to fund pre-lease development costs for new data center projects [1][2] - APLD is in advanced negotiations with an investment-grade hyperscaler for multiple campuses and plans to draw an initial $100 million from the loan facility [2] - The financing is aimed at supporting the development of purpose-built campuses for hyperscale customers as demand for AI-optimized data center infrastructure grows [3] - APLD plans to spin off Applied Digital Cloud through a merger with EKSO Bionics Holdings Inc., creating a new company called ChronoScale focused on AI workloads [4] - Analysts have a consensus Buy rating on APLD, with an average price target of $40.50, indicating a potential upside of 68.40%, and a Street-high target of $56, suggesting an upside of 132.85% [5]

Hewlett Packard Enterprise Company (NYSE:HPE) is included among the 13 Top Tech Stocks Paying Consistent Dividends. Evercore ISI Removes HPE From Tactical Outperform List, Keeps Long-Term Bull Case Ken Wolter / Shutterstock.com On December 11, Evercore ISI removed Hewlett Packard Enterprise Company (NYSE:HPE) from the firm’s “Tactical Outperform” list after the company released its October-end quarterly results last week. Though there was “some noise” around the fiscal Q4 numbers and January quarter rev ...

Company Overview - Broadcom (NASDAQ:AVGO) is a significant player in the semiconductor industry, offering a diverse range of products including chips for data centers, networking, and broadband [1] - The company's market capitalization is approximately $1.91 trillion, with a trading volume of 26.64 million shares on the NASDAQ exchange [5][6] Stock Performance - Following its earnings report, Broadcom's stock experienced a decline, currently priced at $406.96, reflecting a decrease of 1.46% or $6.01 [4] - During the trading day, the stock reached a low of $394.19 and a high of $408.53, with a yearly high of $414.61 and a low of $138.10 [4] Analyst Ratings - Benchmark upgraded Broadcom's stock to "Buy," setting a new price target of $485, up from $385 [1][6] Market Trends - The semiconductor sector is currently experiencing mixed trends, with Nvidia in a consolidation phase, Intel finding support during pullbacks, and AMD stabilizing despite cautious guidance on AI [2] - Broadcom's recent concerns have influenced these market dynamics, suggesting that buying on dips could be a favorable strategy [2] Competitive Landscape - Broadcom is cautious about the potential dominance of Google's Tensor Processing Units (TPUs) in the AI chip market, tempering expectations regarding Google's AI chips becoming the leading force [3][6] - This cautious stance comes amid increasing competition from companies like NVIDIA [3]

Summit Insights Group upgraded Marvell Technology Inc. (NASDAQ:MRVL) from Hold to Buy, indicating a strong growth outlook.The company's strategic acquisition of Celestial AI for $3.25 billion aims to bolster its position in the artificial intelligence market.Marvell's stock price increased by $1.79 or 1.96%, reaching $92.89 following the acquisition announcement.Marvell Technology Inc. (NASDAQ:MRVL) is a prominent player in the semiconductor industry, known for its innovative solutions in data infrastructur ...

Goldman Sachs maintains a "Buy" rating for Broadcom Inc. (NASDAQ:AVGO) and increases the price target from $380 to $435, reflecting confidence in Broadcom's AI sector performance.Broadcom's third-quarter results show robust revenue and profit growth, supported by promising guidance and an expanding AI pipeline.Despite positive sentiment, Broadcom faces a hold rating due to its premium valuation, with the stock's current price representing a 1.87% increase and indicating significant volatility over the past ...

Core Viewpoint - Hewlett Packard Enterprise (HPE) may present a contrarian investment opportunity despite a recent 10% decline in stock price, as it operates in the AI infrastructure sector, which is expected to see long-term revenue growth rather than short-term product cycles [1][2][3] Group 1: Company Overview - HPE is not a leading semiconductor company but provides essential infrastructure for AI, including servers, networking, and storage systems, which are critical for enterprises and government agencies [2] - The company is set to release its fourth-quarter earnings on December 4, and positive market sentiment has been noted following dovish remarks from Federal Reserve officials [3][4] Group 2: Market Sentiment and Stock Performance - HPE stock gained over 3% during a recent trading session, influenced by a shift in market sentiment towards a potential interest rate cut by the Federal Reserve [3][4] - Traders currently assign a 77% probability to a 25-basis-point cut at the upcoming Fed meeting, indicating a more favorable environment for tech stocks [4] Group 3: Statistical Analysis and Trading Strategy - A probability density analysis indicates that HPE stock's forward 10-week returns could range between $20.50 and $22.80, with a clustering around $21.30 [10] - A recommended trading strategy involves a 21/22 bull call spread, which could yield a maximum profit of $49 if HPE stock rises above $22 by expiration [12][16]

Core Viewpoint - Dell Technologies Inc. has been downgraded by Morgan Stanley from "overweight" to "underweight," with a new price target set at $110, down from $144, due to pressures from rising memory costs and AI server mix impacting margins and valuation [1][2]. Group 1: Rating Changes and Price Target - Morgan Stanley has double downgraded Dell to "underweight" from "overweight" and reduced its price target to $110 from $144 [1][2]. - The firm previously upgraded Dell to "overweight" in May 2023 and selected it as a top IT hardware pick in September 2023, citing underappreciation of Dell's Gen AI opportunities [2]. Group 2: Margin and Earnings Impact - Dell is experiencing significant margin pressure due to rising memory costs, with the firm reducing FY27 gross and operating margins by approximately 150–220 basis points and EPS by about 12% [3]. - The stock has been identified as one of the hardest hit in the OEM universe from rising memory costs, particularly due to its product mix [3]. Group 3: Market Conditions - Over the past six months, spot prices for NAND flash and dynamic random-access memory products have surged by as much as 50% and 300%, respectively, which will heavily impact Dell's cost structure [3]. - The firm believes that while Dell has potential as an investment, other AI stocks may offer better upside potential with less downside risk [4].

Core Insights - Hon Hai Technology Group (Foxconn) and OpenAI have formed a collaboration to enhance AI infrastructure hardware design and manufacturing in the US [1][2] - The partnership aims to address the growing demand for specialized physical infrastructure to support advanced AI models [3][4] Collaboration Details - OpenAI will provide Foxconn with insights on emerging hardware requirements, guiding the development of hardware systems at Foxconn's US manufacturing sites [1][2] - There are no purchase commitments or financial obligations at this stage, but OpenAI will have early access to evaluate the new systems and has the option to acquire them [2] Strategic Goals - The collaboration seeks to reinforce domestic supply chains and accelerate the deployment of advanced AI systems in the US [4] - Key focus areas include co-designing AI data center racks, improving rack architecture, expanding sourcing from domestic suppliers, and increasing localized testing and assembly [5] Manufacturing Capabilities - Foxconn will manufacture essential components for AI data centers, including cabling, networking, cooling, and power systems at its US facilities [5] - Foxconn's chairman emphasized the company's unique position as the world's largest manufacturer of AI data servers to support OpenAI's mission [6] Joint Ventures and Market Trends - Foxconn has also announced a joint venture with Intrinsic to enhance intelligent factory solutions in manufacturing [6] - The joint venture aims to improve electronics assembly, driven by increased demand for server trays, GPUs, and data center equipment due to the expansion of AI applications [7]