The 3 Best Data Center Stocks to Capitalize on the AI Craze

InvestorPlace05-09

Below are the best data center stocks to buy to get rich from the AI boom. Dell Technologies (DELL): Management’s 20% bump in its annual dividend signals confidence to shareholders. Arista Networks (...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2434721427?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-09 02:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2434721427","market":"us","top_or_hot":-1,"title":"The 3 Best Data Center Stocks to Capitalize on the AI Craze","media":"InvestorPlace","content":"<div>\n<p>Below are the best data center stocks to buy to get rich from the AI boom.\nDell Technologies (DELL): Management’s 20% bump in its annual dividend signals confidence to shareholders. \nArista Networks (...</p>\n\n<a href=\"https://investorplace.com/2024/05/the-3-best-data-center-stocks-to-capitalize-on-the-ai-craze/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 3 Best Data Center Stocks to Capitalize on the AI Craze</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 3 Best Data Center Stocks to Capitalize on the AI Craze\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-09 02:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/05/the-3-best-data-center-stocks-to-capitalize-on-the-ai-craze/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Below are the best data center stocks to buy to get rich from the AI boom.\nDell Technologies (DELL): Management’s 20% bump in its annual dividend signals confidence to shareholders. \nArista Networks (...</p>\n\n<a href=\"https://investorplace.com/2024/05/the-3-best-data-center-stocks-to-capitalize-on-the-ai-craze/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQQQ","symbol_name":"纳指三倍做空ETF","start_time":0,"source_url":"https://investorplace.com/2024/05/the-3-best-data-center-stocks-to-capitalize-on-the-ai-craze/","article_id":"2434721427","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2434721427","pubTimestamp":1715192230,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Below are the best data center stocks to buy to get rich from the AI boom.Dell Technologies: Management’s 20% bump in its annual dividend signals confidence to shareholders.Arista Networks: The company is the backbone of AI network infrastructure.Synopsys: Revenue increased 25% YOY in the first quarter with EPS at the high end of guidance.The rise of artificial intelligence  has been a whirlwind of innovation and growth across numerous industries. That makes the case for the best data center stocks to buy.Now, here are the best data center stocks to buy in 2024!Arista Networks’ technology and infrastructure are critical to developing and deploying advanced AI applications. The combination of its CloudVision platform and EOS cloud operating system is essential for supporting AI workloads that often involve transferring and processing enormous data sets. AI hyperscalers like Microsoft , Amazon  and Google  rely heavily on Arista’s networks for their internal infrastructure. In the 2023 f","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SQQQ":"纳指三倍做空ETF","BK4170":"电脑硬件、储存设备及电脑周边","LU0251142724.SGD":"Fidelity America A-SGD","GOOGL":"谷歌A","GOOG":"谷歌","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","ANET":"Arista Networks, Inc.","BK4585":"ETF&股票定投概念","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","QID":"纳指两倍做空ETF","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4507":"流媒体概念","MSFT":"微软","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4587":"ChatGPT概念",".IXIC":"NASDAQ Composite","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","PSQ":"纳指反向ETF","BK4077":"互动媒体与服务","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","AMZN":"亚马逊","QLD":"纳指两倍做多ETF","QQQ":"纳指100ETF","LU0528227936.USD":"富达环球人口趋势基金A-ACC","BK4588":"碎股","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","SNPS":"新思科技","BK4503":"景林资产持仓","TQQQ":"纳指三倍做多ETF","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","DELL":"戴尔","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0079474960.USD":"联博美国增长基金A","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4561":"索罗斯持仓","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","BK4504":"桥水持仓","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc"},"translate_title":"利用人工智能热潮的3只最佳数据中心股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1,"GOOGL":1,"GOOG":1,"DELL":1,"MSFT":1,"SNPS":1,"ANET":1,".IXIC":0.9,"TQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"Below are the best data center stocks to buy to get rich from the AI boom.\nDell Technologies (DELL): Management’s 20% bump in its annual dividend signals confidence to shareholders. \nArista Networks (ANET): The company is the backbone of AI network infrastructure. \nSynopsys (SNPS): Revenue increased 25% YOY in the first quarter with EPS at the high end of guidance.\n\n\n\n\n\n \n\nSource: everything possible/Shutterstock\n\n\n\nThe rise of artificial intelligence (AI) has been a whirlwind of innovation and growth across numerous industries. That makes the case for the best data center stocks to buy. \nDemand for advanced data center infrastructure has skyrocketed in the last few years. The companies at the forefront of this technological wave are poised to capitalize on the exponential growth in data processing and storage. As AI models become more complex and demand increases exponentially, data centers form the bedrock for power computation and storage needs. \nInvestors keen on profiting from the AI craze should be eyeing top data center stocks to add to their portfolios. \nNow, here are the best data center stocks to buy in 2024!\nDell Technologies (DELL)\nSource: Jonathan Weiss / Shutterstock.comDell Technologies (NYSE:DELL) is a force to be reckoned with in the data center space. Its comprehensive portfolio of servers, storage solutions and networking products provide the foundation for enterprises to build AI-powered infrastructure. \nDell’s PowerEdge servers provide robust performance and scalability, making them ideal for handling the most demanding AI workloads. Additionally, the company’s networking solutions ensure seamless data flow with the data center, a critical factor in ensuring AI applications run smoothly and efficiently. Dell’s strategic focus on edge computing is also a strong competitive advantage. Wall Street is particularly bullish after the company posted strong results for FY23. Although top-line growth fell 14% year-over-year (YOY), net earnings grew 32% YOY to $3.2 billion. These recent developments align perfectly with AI, making Dell stock one of the best data center stocks to buy now.\nArista Networks (ANET)\nSource: Sundry Photography / Shutterstock.comArista Networks (NYSE:ANET) is a powerhouse in high-performance networking solutions. The company specializes in data center switches and routers, delivering lightning-fast speeds, low latency and unmatched scalability. \nArista Networks’ technology and infrastructure are critical to developing and deploying advanced AI applications. The combination of its CloudVision platform and EOS cloud operating system is essential for supporting AI workloads that often involve transferring and processing enormous data sets. AI hyperscalers like Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOG, NASDAQ:GOOGL) rely heavily on Arista’s networks for their internal infrastructure. In the 2023 fiscal year, Arista saw record revenue, earnings and FCF from operations. Demand for Arista’s products has remained strong, and its operating margins have expanded significantly over the last decade. With AI workloads becoming increasingly more complicated in presenting the case for network conjunction, ANET stock is well-positioned to address these bottlenecks.\nSynopsys (SNPS)\nSource: T. Schneider / Shutterstock.comSynopsys (NASDAQ:SNPS) might not be a household name like the others, but it plays a pivotal role in the data center world. The company provides software tools used in the design of chips found in data center servers, networking equipment and other essential hardware. \nThe rise of AI has created a strong tailwind for Synopsys. More sophisticated AI chips are crucial to meet the growing demands of AI workloads. Synopsys’ tools hold a key to innovation in performance and power efficiency. By working directly with chip designers, Synopsys can help unlock the full potential for enhanced computing power. In the 2023 fiscal year, Synopsys saw record revenue of $5.84 billion, up 15% YOY. EPS increased 26% YOY to $7.92 per share while delivering strong cash flow from operations. Growth also doesn’t seem to be slowing down anytime soon, with revenue up 25% in Q1 FY24 and EPS coming in at the high end of guidance. As leading semiconductors continue to rely on their robust semiconductor IP portfolio, Synopsys is one of the top data center stocks to buy in 2024.\nOn the date of publication, Terel Miles did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nTerel Miles is a contributing writer at InvestorPlace.com, with more than seven years of experience investing in the financial markets.Artificial Intelligence, Cloud, Technology\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/05/the-3-best-data-center-stocks-to-capitalize-on-the-ai-craze/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2434721427"}