6. Hewlett Packard Enterprise Company (NYSE:HPE)
Hewlett Packard Enterprise Company (NYSE: HPE) takes sixth place because it provides direct exposure to AI servers, storage, private cloud infrastructure and data-center networking. It may not receive the same attention as the market’s hottest artificial intelligence stocks, but its financial results show that AI has become a meaningful growth driver.
The company helps enterprises, governments and cloud customers build the infrastructure required to train and operate artificial intelligence models. Its portfolio includes high-performance servers, storage platforms, networking equipment and private-cloud systems that allow organizations to deploy AI workloads without sending all their sensitive data to a public cloud provider.
Fiscal third-quarter 2026 revenue increased 34% to a record $12.2 billion. Cloud and AI revenue climbed 25.4% to $9 billion, while that segment’s operating margin improved from 7% to 17%. The company also booked $2.4 billion in new AI systems orders and ended the period with approximately $6.8 billion in AI systems backlog.
Those numbers make the company more than a legacy hardware supplier. Growing demand for inferencing, private AI and sovereign computing is creating another source of expansion. The networking business also gives it exposure to the high-speed connections required to move enormous quantities of data between AI systems.
At roughly $52 per share and 26.8 times trailing earnings, the stock is not the lowest-valued company on this list. However, earnings are expanding, margins are improving and management raised its financial outlook. Investors also receive a dividend while waiting for the AI infrastructure strategy to develop.
The principal concern is that AI servers can carry lower margins than software products. The company must also compete against larger cloud providers and specialized hardware vendors. Even so, its improving profitability and rapidly growing order book make it one of the more credible AI infrastructure stocks to buy for long-term investors.
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Disclosure: No material interests to disclose. This article was originally published on Global Market Bulletin.
