Geopolitical uncertainty in the Middle East and soaring bond yields weighed on global markets this past week. And investors are closely assessing the valuations of artificial intelligence stocks amid concerns about the sustainability of high spending on AI infrastructure.
Despite those continued challenges, top Wall Street analysts are bullish on the prospects of several stocks due to their long-run growth potential and exposure to lucrative business lines, including AI.
Here are three stocks favored by some of Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance.
CrowdStrike Holdings
Cybersecurity company CrowdStrike Holdings (CRWD) is this week's first stock pick. The company is scheduled to announce fiscal second-quarter results on August 26.
Ahead of Q2 FY27 earnings, Truist analyst Junaid Siddiqui reiterated a buy rating on CrowdStrike stock and raised his price target to $245 from $187.50. Following CrowdStrike's impressive fiscal first-quarter performance and guidance raise, Siddiqui expects another strong quarter.
The 5-star analyst's optimism is backed by continued strength in Falcon Flex adoption and encouraging large deal activity. Siddiqui also cited continued momentum across emerging products. With the FY27 outlook assuming persistent strength in CrowdStrike's net new annual recurring revenue (ARR), Siddiqui is more focused on the longevity of key growth catalysts such as Falcon Flex adoption, platform consolidation and AI-led demand.
The analyst highlighted that talks with partners were encouraging, with pipeline generation and momentum in large deals remaining healthy in the fiscal second quarter despite tough, year-over-year comparisons.
"We continue to view CrowdStrike as one of the primary beneficiaries of platform consolidation, though we expect investors to remain focused on competitive dynamics and whether current growth levels represent a new baseline or a period of demand acceleration," the analyst said.
Siddiqui ranks No. 226 among more than 12,400 analysts tracked by TipRanks. His ratings have been profitable 80% of the time, delivering an average return of about 40%.
Dell Technologies
Shares of personal computer maker Dell Technologies (DELL) have rallied 251% this year, driven by strong demand for AI servers. Recently, Evercore analyst Amit Daryanani reiterated a buy rating on DELL and raised his price target to $550 from $500.
The 5-star analyst contends that while Dell's AI compute segment is getting investors' attention, the company's Storage business is underappreciated and well-positioned to drive revenue and profit acceleration. Daryanani expects the storage business to see higher demand once enterprises start to bring workload back on-premises.
The analyst highlighted that Dell's Storage business, estimated to account for only 10% of FY27 revenue, is one of the factors that could help improve profit margins, given its higher profitability compared to AI servers. Daryanani estimates that the Storage business's operating margin is currently in the low-20% range, while margins for the AI server and traditional server businesses are in the mid-single-digit and mid-teens range, respectively.
Overall, Daryanani views the Storage business as an important catalyst for three reasons: Dell has one of the broadest storage portfolios in the industry; Storage has a significantly higher margin profile than AI servers; and the shift toward proprietary, software-defined storage and AI-focused platforms.
"We think DELL's storage business is becoming increasingly strategic as AI infrastructure deployments move beyond GPU procurement and toward full stack + AI-ready architectures," said Daryanani.
Daryanani ranks No. 19 among more than 12,400 analysts tracked by TipRanks. His ratings have been successful 71% of the time, delivering an average return of 38.70%.
SanDisk
SanDisk (SNDK) is benefiting from AI-driven demand for its memory and storage products. Following the company's 2026 Investor Day event, J.P. Morgan analyst Harlan Sur resumed research coverage of SNDK with a buy rating (it was earlier, "Not Rated") and a price target of $2,250.
The 5-star analyst believes SanDisk is well-positioned to capitalize on a structural inflection reached in NAND demand, driven by strong growth in AI inference. Sur's bullishness is based on three key factors.
First, Sur believes that SanDisk's New Business Model (NBM) framework (or long-term agreements) has enhanced its margin profile and reduced cyclicality. SNDK's eight signed NBMs represent a total contract value of $94 billion and a gross margin of about 80%, even at the floor pricing.
Second, Sur highlighted the growing NAND market and expects the total addressable market to surge from about $70 billion in calendar year 2025 to over $300 billion in 2026 and about $500 billion in 2027. Importantly, the analyst noted that data centers are the largest driver of NAND growth, as hyperscalers increasingly deploy flash for AI inference workloads.
Finally, Sur is optimistic on SanDisk due to its technology dominance. The company's BiCS10 technology is sampling ahead of schedule and has 65% more bits per wafer than BiCS8, the analyst said. Also, Sur expects SanDisk's High Bandwidth Flash to become a differentiated memory platform for AI inference.
"Layered on top, mgmt's commitment to returning 100% of excess cash flow to shareholders should drive an aggressive share count reduction trajectory that further amplifies EPS growth on a per-share basis," said Sur.
