Top Wall Street analysts are bullish on these three stocks over the long term

Investors are looking beyond a prolonged US government shutdown and remain optimistic about growth drivers such as the artificial intelligence boom and expectations of further interest rate cuts.

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

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 is… Snowflake (snow), a cloud-native data platform. At the recent Snowflake World Tour in New York City, the company highlighted its product innovations and vision for driving business transformation through data and artificial intelligence.

After attending this client conference, Jefferies analyst Brent Thiel reiterated a Buy rating on SNOW stock at Price forecast $270. Based on his conversations with customers and partners at the event, the analyst noted that Snowflake’s product innovation and speed are accelerating.

Thiel stressed that while Snowflake’s AI offerings are growing, the tipping point is still ahead. For example, the top-rated analyst noted that a retailer that uses Snowpark ML to forecast demand, and a travel company that integrates Snowflake ML models into its customer experience pipeline, both believe broader usage across their organizations will take a few more quarters.

Another key takeaway is that Snowflake’s unstructured data capabilities have been enhanced, but there are still some gaps that need to be addressed. Overall, Thiel believes that although Snowflake’s traction is growing, the “AI Blizzard” is still waiting for it.

“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 in the coming years,” Thiel concluded. Interestingly, TipRanks’ AI analyst has a “Neutral” rating on Snowflake stock with a price target of $255.

Thill is ranked No. 251 out of more than 10,000 analysts tracked by TipRanks. His evaluations were successful 65% of the time, and he achieved an average return of 14.1%. See Snowflake’s ownership structure on TipRanks.

Go to chip maker Advanced micro devices (AMD), which recently made headlines after announcing a game-changing partnership with OpenAI. Under the deal, OpenAI will deploy up to 6 GW of AMD Instinct GPUs over several years, starting with a 1 GW rollout in the second half of 2026. The agreement also includes a warrant for up to 160 million shares (vesting is tied to certain milestones), which, if fully exercised by OpenAI, will give it about 10% of AMD share.

Following the news, Jefferies analyst Blayne Curtis upgraded AMD stock to buy from hold and boosted the value of AMD stock Target price is $300 From $170. Additionally, the TipRanks AI analyst has an “Outperform” rating on AMD stock with a price target of $232.

Curtis believes AMD’s deal with OpenAI has clearly changed the semiconductor company’s AI narrative. While the chipmaker still has some milestones to achieve, the 5-star analyst believes this partnership is a strong validation of AMD’s AI roadmap and evidence of strong demand for AI in general.

Interestingly, Curtis recently raised his estimates for AMD after positive server checks. The analyst said he was increasingly positive on AMD after his recent trip to Asia, anticipating a 500 basis point year-over-year gain in server CPUs with the company’s platform in Venice.

However, these latest checks have not helped Curtis understand anything from original device manufacturers (ODMs) regarding AI ramps. “Announcing OpenAI as a major customer with the potential to generate $80-100 billion in revenue across 6 gigawatts of compute through 2030 fundamentally changes these expectations,” Curtis said.

Curtis is ranked 68th out of more than 10,000 analysts tracked by TipRanks. Its evaluations were profitable 65% of the time, and generated an average return of 27.5%. See AMD ETF Exposure on TipRanks.

IT infrastructure and personal computing solutions provider Dell Technologies (Dale) announced an increase in its long-term financial targets during an analyst meeting on October 7. Improved forecasts support demand from the ongoing AI wave.

After the event, Mizuho analyst Vijay Rakesh reiterated his buy rating on DELL shares and raised his rating Target price is $170 From $160. Meanwhile, the TipRanks AI analyst has a “Neutral” rating on DELL stock with a price target of $135.

Rakesh noted management’s commentary on momentum in enterprise and sovereign AI, with strong demand signals over 12-18 months. The top-rated analyst highlighted that the company raised its revenue CAGR target for fiscal years 2026 to 2030 to a range of 7% to 9%, with non-GAAP EPS expected to rise by 15% or more.

Furthermore, Rakesh noted that Dell’s 2026 AI server revenue estimate of $20 billion is in line with the Street consensus of $20.6 billion and reflects more than 100% growth from $9.8 billion a year earlier. The company expects a compound annual growth rate of 20% to 25% during fiscal year 2030, meaning AI server revenues will reach $46 billion.

However, the analyst believes this growth forecast could be conservative, as the company is involved in all large-scale AI stack deployments and leads in T2 CSP (Tier 2 Cloud Service Providers) and enterprise AI deployments with over 3,000 customers.

Rakesh is ranked No. 81 out of more than 10,000 analysts tracked by TipRanks. His evaluations were successful 65% of the time, and he achieved an average return of 24.3%. See Dell Technologies hedge fund activity on TipRanks.