Global markets faced headwinds this past week from Middle East geopolitical tensions and rising bond yields, while investors scrutinized AI stock valuations amid worries over sustained AI infrastructure spending. Even so, several top Wall Street analysts are doubling down on select names with long-term growth potential, according to TipRanks, a platform that ranks analysts by performance.
Here are three stocks favored by some of Wall Street’s top pros, as highlighted by TipRanks.
CrowdStrike: Poised for another strong quarter
CrowdStrike Holdings (CRWD), a cybersecurity firm, is scheduled to report fiscal second-quarter results on August 26. Ahead of the print, Truist analyst Junaid Siddiqui reiterated a buy rating and raised his price target to $245 from $187.50.
Siddiqui, a 5-star analyst, expects another strong quarter following CrowdStrike’s impressive fiscal first-quarter performance and guidance raise. His optimism rests on continued strength in Falcon Flex adoption, encouraging large deal activity, and momentum in emerging products. With the FY27 outlook assuming persistent strength in net new annual recurring revenue (ARR), Siddiqui is focused on the longevity of growth catalysts such as Falcon Flex, platform consolidation, and AI-led demand.
The analyst noted that channel partner conversations were encouraging, with pipeline generation and large-deal momentum staying 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,” he said.
Siddiqui ranks No. 226 among more than 12,400 analysts tracked by TipRanks, with profitable ratings 80% of the time and an average return of about 40%.
Dell: Storage business underappreciated
Dell Technologies (DELL) shares have rallied 251% this year, driven by robust demand for AI servers. Evercore analyst Amit Daryanani reiterated a buy rating and raised his price target to $550 from $500.
The 5-star analyst argues that while Dell’s AI compute segment draws attention, its Storage business is underappreciated and well-positioned to drive revenue and profit acceleration. Daryanani expects storage demand to rise as enterprises bring workloads back on-premises. The storage unit, estimated at only 10% of FY27 revenue, could improve profit margins given its higher profitability compared with AI servers. Daryanani estimates storage operating margins in the low-20% range, versus mid-single-digit margins for AI servers and mid-teens for traditional servers.
He sees storage as a key catalyst for three reasons: one of the broadest storage portfolios in the industry, a significantly higher margin profile, and the shift toward software-defined and AI-focused storage. “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,” Daryanani said.
Daryanani ranks No. 19 among analysts tracked by TipRanks, with successful ratings 71% of the time and an average return of 38.70%.
SanDisk: Riding the NAND inflection
SanDisk (SNDK) is benefiting from AI-driven demand for memory and storage products. Following the company’s 2026 Investor Day, J.P. Morgan analyst Harlan Sur resumed coverage with a buy rating (up from Not Rated) and a price target of $2,250.
Sur, a 5-star analyst, believes SanDisk is well-positioned to capitalize on a structural inflection in NAND demand, driven by strong growth in AI inference. His bullishness rests on three factors. First, the New Business Model (NBM) framework—or long-term agreements—has enhanced margins and reduced cyclicality. SanDisk’s eight signed NBMs represent total contract value of $94 billion, with gross margin of about 80% even at floor pricing.
Second, Sur highlighted the growing NAND market, expecting 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. Data centers are the largest driver, as hyperscalers deploy flash for AI inference workloads.
Finally, Sur pointed to technology dominance. SanDisk’s BiCS10 sampling is ahead of schedule, with 65% more bits per wafer than BiCS8. He also expects 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,” Sur said.
Sur ranks No. 15 among analysts tracked by TipRanks, with successful ratings 71% of the time and an average return of 43.20%.
Source: www.cnbc.com — https://www.cnbc.com/2026/08/23/top-analysts-believe-in-the-growth-potential-of-these-3-stocks.html
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