Dan Ives Names Six Stocks During AI Software and Cybersecurity Sell-Off

Yorkville Ives analyst Dan Ives named Microsoft, Palantir, CrowdStrike, Apple, Nvidia and Tesla as his top stock picks amid a sell-off in AI-linked software and cybersecurity shares. He characterized the pullback as indiscriminate and said the broader AI investment theme remains in its early stages.

Ives said AI revenue is beginning to reach application-layer software companies after a lag of about two years. He said AI-related recurring revenue has reached a double-digit share at many companies and that early signs of a bookings inflection are appearing.

He described demand behind the AI buildout as supported by contracts and funding and as accelerating. Ives had also described an earlier decline in AI stocks as an opportunity in an Oct. 15 interview.