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2025-11-29T10:15:05.061Z
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Tech bull Dan Ives shared his top 10 AI stock picks for year-end.
He dismissed AI bubble fears, arguing we’re still in the early stages of the AI boom.
Microsoft, Nvidia, and Palantir lead the list of AI stocks poised for strong future gains.
If you count yourself among the AI bulls and view the recent market pullback as a buying opportunity, Dan Ives has some stock picks for you.
Concerns around AI capex and GPU depreciation have caused turbulence in markets over the last few weeks, but in a note to clients on Tuesday, the Wedbush Securities analyst brushed off the bubble talk and highlighted his top 10 AI stock picks as markets head to year-end.
“We get the AI Bubble talk worries loud and clear especially for someone like myself that has covered tech stocks since the 1990’s and saw the vendor financing model collapse,” Ives wrote. “However, this is NOT an AI Bubble in our view: 1) given we are have not even seen the consumer AI Revolution start yet, 2) autonomous is just beginning, 3) robotics is still in the lab and about to hit mainstream the next few years, 4) less than 5% of US enterprises have truly gone down the AI strategic path, and 5) globally the AI Revolution is just starting to play out.”
He added: “We believe this is a 1996 Moment…and NOT a 1999 Bubble Moment, and remain firmly bullish on tech stocks into year-end and 2026 despite recent investor bearish fears.”
Here are Ives’ top 10 AI stock picks heading into the final weeks of 2025.
10. Palo Alto Networks
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Ticker: PANW
Year-to-date gain: +2%
Comment from Ives: “platformization strategy + AI = 2026 growth formula”
9. Crowdstrike
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Ticker: CRWD
Year-to-date gain: +48%
Comment from Ives: “one of the best cybersecurity AI plays in the market”
8. Alphabet
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Ticker: GOOG
Year-to-date gain: +71%
Comment from Ives: “AI tailwinds just starting to play out; Gemini the real deal”
7. Meta
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Ticker: META
Year-to-date gain: +8%
Comment from Ives: “way oversold on cap-ex concerns; early on consumer monetization”
6. Apple
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Ticker: AAPL
Year-to-date gain: +12%
Comment from Ives: “consumer AI Revolution goes through Cupertino”
5. Tesla
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Ticker: TSLA
Year-to-date gain: +9%
Comment from Ives: “autonomous and robotics future on the doorstep”
4. AMD
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Ticker: AMD
Year-to-date gain: +67%
Comment from Ives: “set to gain market share in AI Arms Race, compelling valuation”
3. Nvidia
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Ticker: NVDA
Year-to-date gain: +30%
Comment from Ives: “one chip in the world fueling the AI Revolution”
2. Palantir
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Ticker: PLTR
Year-to-date gain: +117%
Comment from Ives: “AI use cases start and end with Karp & Co.”
1. Microsoft
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Ticker: MSFT
Year-to-date gain: +13%
Comment from Ives: “best positioned hyperscaler for AI enterprise deployments”