One of Wall Street's most prominent tech bulls has relaunched bullish research coverage of the sector.
Dan Ives, who previously departed Wedbush Securities, has now returned to the market analysis field; he spent nearly eight years at the firm, serving successively as an equity research analyst and head of tech research.
On Tuesday local time, he released a report announcing that his newly founded venture, Yorkville Ives, had officially commenced coverage of the technology industry; the company is positioned as a new-style merchant bank built for the AI era.
"The AI revolution is the largest technology buildout wave in history, and it is no longer just about a single industry 鈥?it involves capital, power, and policy across the entire economic system," Ives wrote. "We believe this 'nine-inning' game is currently in the third inning, and the scale of projects already underway is proof of that."
Ives's unabashed bullish stance on Tesla, combined with his distinctive fashion sense, has made him a beloved figure and a household name among retail investors.
However, while the automaker led by Elon Musk is on Ives's watchlist, it did not make his top five preferred stocks.
The following are his top tech stock picks as he looks ahead to 2027:
NVIDIA (NVDA): up 27% year to date
Microsoft (MSFT): up 9% year to date
Palantir Technologies Inc. (PLTR): up 8% year to date
Apple (AAPL): up 23% year to date
CrowdStrike Holdings, Inc. (CRWD): up 129% year to date
This ranking differs from the top tech stock list Ives published in June while still at Wedbush, with only Palantir Technologies Inc. appearing on both lists.
Nevertheless, the analyst made clear that in his view, the AI boom is ushering in an entirely new era of growth, one that will be driven by supply rather than demand.
"At least through 2027, supply at the infrastructure level will remain constrained; currently, companies that control scarce compute, storage, and power resources are showing growth," he said. "Enterprise software was seen as a victim of the AI wave in the first quarter and was written off, but as data shows AI models are increasingly becoming commoditized, the sector has recovered."
One trend Ives accurately predicted back in December 2025 was the rally in cybersecurity stocks in 2026. The sector has grown significantly this year, largely thanks to market demand driven by growing concerns about AI.
The two stocks he previously highlighted in that sector 鈥?CrowdStrike Holdings, Inc. and Palo Alto Networks 鈥?have risen 138% and 128% year to date, respectively.
Still, one theme stands out in Ives's new list: many of his most favored tech stocks are closely tied to NVIDIA.
These companies with close ties to the AI hardware giant include Salesforce, Check Point, and CrowdStrike Holdings, Inc., among others.
"In our view, the company's advantage is increasingly reflected in the breadth of the ecosystem it has built around GPUs," he noted. "As AI workloads become more complex, customers can adopt more of NVIDIA's compute, networking, and software technologies within the same architecture, rather than integrating these layers separately."
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