Palantir, Salesforce, And Snowflake Highlighted, But 2 Giants Omitted From Dan Ives' AI Stock Picks

On Monday, Wedbush analyst Dan Ives revealed his top 10 companies set to thrive in the AI landscape by 2025. Among these selections, two significant players from the 'Magnificent 7' list—Amazon.com and Meta Platforms—were noticeably missing.

Overview of the Situation: Ives emphasized that the businesses mentioned in his list are well-prepared to benefit from a projected $2 trillion surge in AI capital expenditures anticipated over the next three years.

The top 10 tech winners according to Ives are: Nvidia Corporation (NVDA), Microsoft Corporation (MSFT), Palantir Technologies Inc. (PLTR), Tesla Inc. (TSLA), Alphabet Inc.'s (GOOG, GOOGL) Google, Apple Inc. (AAPL), MongoDB Inc. (MDB), Pegasystems Inc. (PEGA), Snowflake Inc. (SNOW), and Salesforce Inc. (CRM).

The absence of Amazon (AMZN) and Meta (META) sparked discussions, considering their strong market positions and potential in AI technology.

Market Predictions: Ives forecasted a 25% increase in tech stock values by 2025. This optimistic outlook is supported by a favorable environment for major tech players and a potential shift in policy with a Donald Trump-led administration, which could ease regulations.

Despite these predictions, Ives acknowledged the possibility of "white-knuckle moments" in 2025, with looming concerns about Federal Reserve actions, trade issues with China, and elevated stock valuations.

Nonetheless, he reassured investors that such challenges might present openings to capitalize on the tech sector, a strategy that has guided their investments over the past two years.

Why This Is Important: Apple's market presence is significant, leading with an impressive valuation of $3.812 trillion and a year-to-date stock increase of 35.85%. This year, Apple launched Apple Intelligence, enhancing user experience through advanced AI tools.

Following closely is Nvidia, valued at $3.367 trillion, which has seen a remarkable rise of 185.43% year-to-date and is expected to announce its next-generation RTX 5000 series GPUs at CES 2025.

Microsoft holds the third position with a valuation of $3.158 trillion, while Alphabet's market cap stands at $2.350 trillion.

Amazon comes in at the fifth spot, valued at $2.326 trillion, with Meta and Tesla following at numbers six and seven, with market caps of $1.492 trillion and $1.339 trillion, respectively.

AI, Stocks, Predictions