Dell Technologies Inc. (DELL)
Entry: Unlock
Price target: 117.00-119.00
Second PT: Unlock
Staying relevant and innovative as a technology company over time is challenging, but Dell Technologies has consistently reinvented itself by adapting to change. The company’s latest transformation came through its rapid initiative to become an AI Factory, supplying optimized servers, storage, networking, and expert services to facilitate AI adoption across various use cases—leveraging its existing portfolio to capitalize on the trend.
Dell’s initial push into AI was well-received by the market, driving the stock to more than triple in valuation over just a few years. However, since reaching those highs, the stock has cooled off, delivering nearly no returns to investors over the past six months. This trend has been common among AI-related stocks—likely because much of their anticipated growth had already been priced in, and investors are waiting to see tangible results to confirm that AI is more than just hype.
Dell’s most recent earnings report reinforced that AI is indeed a viable new revenue stream, with $10 billion in AI-optimized server sales for fiscal 2025 and an estimated $15 billion for next year. The company’s AI-driven momentum has reignited sales, with no signs of slowing down. Additionally, Dell increased its dividend by 18% and announced $10 billion in stock buybacks, providing even more incentives for investors to stay on board.
While Dell’s stock dipped following earnings, this may have been a knee-jerk reaction to a slight revenue miss for the quarter. However, we expect buyers to take advantage of this dip as they recognize the full earnings picture. Plus, with a P/E ratio of just 17x, Dell remains one of the cheapest AI plays on the market today.
Please note that this may take beyond this week to come around to price targets.
Doximity (DOCS)
Entry: Unlock
Price target: 83.00-85.00
Second PT: Unlock
Savvy investors looking to capitalize on the collaboration between artificial intelligence and medicine may find Doximity an attractive investment. The software company offers an online networking service for medical professionals, allowing them to stay connected while providing telehealth tools and case collaboration.
Shortly after the release of ChatGPT, Doximity swiftly launched its own version, Doximity GPT, a generative AI tool that assists doctors with various tasks. This innovation quickly drew attention to the stock over the past twelve months, driving a rally of more than 200% from its lows to its recent 52-week high of $85.21. And while many stock rallies in recent months have been artificially fueled, Doximity stands out because its fundamentals support the surge.
Examining its financials, Doximity has accelerated revenue growth over the past year, increasing from 6% quarterly revenue growth to 24% in the most recent quarter. Net income has also expanded at double-digit percentage rates, exceeding 40% growth over the same period. While the company’s balance sheet is relatively small, it boasts a 10:1 asset-to-liability ratio, with $1.17 billion in assets and an impressively low $141 million in liabilities. Additionally, free cash flow has surged, reaching $232 million in the trailing twelve months.
As it stands, Doximity is still a young company with significant work ahead to sustain its stock’s growth. However, it has been making all the right moves so far. We’ll be leveraging both technical and fundamental analysis to manage our position in this stock.
Please note that this may take beyond this week to come around to price targets.
JP Morgan Chase (JPM)
Entry: Unlock
Price target: 279.00-281.00
Second PT: Unlock
Billions of dollars in capital expenditures are expected to be spent in the coming years on artificial intelligence and data center projects, but the true winners in the race to develop the best-performing AI systems have yet to be determined. However, some clear beneficiaries of this boom are the banks funding these projects, lending billions to tech companies in exchange for interest payments or equity stakes. Among these banks are SoftBank, JP Morgan, Bank of America, and many others. Nearly every financial institution is eager to secure a stake in AI—whether by providing capital, securing early positions, or adopting the technology themselves.
JP Morgan stands out as a leader in the AI boom, making it one of the most attractive investment opportunities in the financial sector. The bank’s dominance has expanded significantly in recent years, especially following the fall of Silicon Valley Bank, which allowed JP Morgan to cement itself as the largest bank in the United States. With $3.5 trillion in assets under management, the financial giant is well ahead of its closest competitor, Bank of America, which holds $2.5 trillion.
Beyond financing AI and tech projects, JP Morgan is investing heavily in its own technological advancements, with a $17 billion budget dedicated to innovation and efficiency. CEO Jamie Dimon has been optimistic about AI’s transformative role, emphasizing its profound impact on productivity and economic growth. One such impact was recently demonstrated through JP Morgan’s AI-powered free cash flow tool, designed for corporate clients, which is expected to reduce manual work by nearly 90% (Entrepreneur).
This is just the beginning of the AI revolution, and while picking the right investments can be challenging, JP Morgan appears to be leading the charge in the financial services sector, positioning itself as a likely long-term winner in the AI boom.
Please note that this may take beyond this week to come around to price targets.
Upwork Inc (UPWK)
Entry: Unlock
Price target: 18.50-19.00
Second PT: Unlock
Upwork may be a diamond in the rough for an investor looking to buy a stock under $20 with strong upside potential. The online marketplace company connects freelancers to businesses and individuals across the world for different short-term and long-term projects. Its simple business model has proven successful, allowing them to double their revenue since 2020.
The company’s most recent earnings reflected another quarter of revenue growth, but more impressively, Upwork’s net income reached a record $147 million, a whopping 747% increase from the same period last year. This brought their full year’s net income to $215M, which places their price to earnings ratio at just 10x.
At just a $2 billion market cap, Upwork is at an attractive valuation for investors who see the company’s long term potential. Their growth has proven steady for years now, reinforcing them among the leaders in their space, with the $770 million in annual revenue reinforcing that factor. And the company’s balance sheet reflecting more than $500 million in positive equity, it shows competence by their leaders, further enhancing them as an attractive business to take part of.
Please note that this may take beyond this week to come around to price targets.
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You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
You've reached the end of our complimentary public watchlist. Unlock for the full list by becoming a member of our Hyper Stocks community. Click here for more information.
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The stocks posted above are the preliminary stocks and set ups we’ll be watching this week. All price points are subject to change based on market performance and sector health. Please do your own research and analysis on these companies/charts before taking on any set ups. Trade at your own risk and as always, good luck!