Top Wall Street analysts are bullish on these 3 stocks for the long term

Investors are looking beyond the prolonged U.S. government shutdown and remaining optimistic about growth drivers such as the artificial intelligence boom and expectations for further interest rate cuts.

By ignoring short-term noise, those looking for attractive investment opportunities can consider stock picks from top Wall Street analysts whose recommendations are based on a comprehensive analysis of a company’s fundamentals and growth catalysts.

Here are three stocks favored by the Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.

First on this week’s list Snowflake (PROFIT), a cloud-native data platform. At the recent Snowflake World Tour event in New York City, the company highlighted its vision to drive product innovation and business transformation through data and artificial intelligence.

After attending this client conference, Jefferies analyst Brent Thill reiterated his buy rating on SNOW shares. price estimate $270. Based on conversations with customers and partners at the event, the analyst noted that Snowflake’s product innovation and speed are increasing.

Thill emphasized that while interest in Snowflake’s AI offerings is growing, the inflection point is still ahead. For example, the top-rated analyst noted that a retailer using Snowpark ML for demand forecasting and a travel company integrating Snowflake ML models into its customer experience pipeline both believe broader adoption within their organizations will take several more quarters.

Another key conclusion was that Snowflake’s unstructured data capabilities have become stronger, but there are still some gaps that need to be addressed. Overall, Thill believes the “AI Blizzard” is still ahead of us as traction grows for Snowflake.

“SNOW remains one of our favorite data and AI stories and will benefit meaningfully as enterprise AI strategies mature and AI-driven data volumes grow exponentially,” Thill concluded. Interestingly, TipRanks’ AI Analyst has a “neutral” rating on Snowflake shares with a $255 price target.

Thill is ranked #251 out of more than 10,000 analysts followed by TipRanks. Its ratings were successful 65% of the time, with an average return of 14.1%. See Snowflake Ownership Structure on TipRanks.

Moving on to Chipmaker Advanced Micro Devices (AMD) recently made headlines after announcing a game-changing partnership with OpenAI. Under this agreement, OpenAI will deploy up to 6 gigawatts of AMD Instinct GPUs over several years, starting with a 1 gigawatt deployment in the second half of 2026. The deal also includes a warrant for up to 160 million shares (rights tied to certain milestones). This, if used entirely by OpenAI, would give it about a 10% stake in AMD.

Following the news, Jefferies analyst Blayne Curtis upgraded AMD shares to buy from hold, pushing the stock price higher. price target $300 Prices start from $170. Additionally, TipRanks’ AI Analyst has an “outperform” rating on AMD shares with a $232 price target.

Curtis believes AMD’s deal with OpenAI clearly changes the semiconductor company’s AI discourse. While the chipmaker still needs to hit some milestones, the 5-star analyst believes this partnership is a solid endorsement of AMD’s AI roadmap and a testament to strong AI demand overall.

Interestingly, Curtis recently upgraded his estimates for AMD following positive server controls. The analyst noted that he is increasingly bullish on AMD following his recent trip to Asia, expecting a 500 basis point annual share increase in server CPUs with the company’s Venice platform.

But these last checks didn’t help Curtis understand anything from original device manufacturers (ODMs) about AI launchers. “The announcement of OpenAI as the leading customer with revenue potential of $80-100 billion across 6GW of compute by 2030 significantly changes this outlook,” Curtis said.

Curtis is ranked #68 out of more than 10,000 analysts tracked by TipRanks. Their ratings were profitable 65% of the time, with an average return of 27.5%. See AMD ETF Exposure on TipRanks.

IT infrastructure and personal computing solutions provider Dell Technologies (DELL) announced an increase in its long-term financial targets at its analyst meeting on October 7. The improving outlook is supported by demand from the ongoing AI wave.

Following the event, Mizuho analyst Vijay Rakesh reiterated his buy rating on DELL shares and price target $170 Prices start from $160. TipRanks’ AI Analyst, meanwhile, has a “neutral” rating on DELL shares with a $135 price target.

Rakesh noted management’s comments about momentum in enterprise and independent AI and strong demand signals for 12-18 months. The top-rated analyst highlighted that the company raised its compound annual revenue growth rate target for fiscal 2026-2030 to a range of 7% to 9%, and non-GAAP earnings per share are expected to grow 15% or more.

Additionally, Rakesh noted that Dell’s fiscal 2026 AI server revenue forecast is $20 billion, which is in line with the Street consensus of $20.6 billion and reflects over 100% growth from $9.8 billion in the prior year. The company expects a CAGR of 20% to 25% by Fiscal 2030, implying $46 billion in AI server revenue.

However, the analyst believes this growth outlook may be conservative as the company is involved in full-scale AI cluster deployments and is a leader in T2 CSP (tier 2 cloud service providers) and enterprise AI deployments with over 3,000 customers.

Rakesh is ranked 81st out of 10,000+ analysts followed by TipRanks. It did well in the ratings 65% of the time and delivered an average return of 24.3%. See Dell Technologies Hedge Fund Event on TipRanks.