Dan Ives Names 3 Under the Radar AI Stocks: ‘Starting to Get a Renaissance of Growth’
Key takeaways
- Tech analyst Dan Ives highlighted three established technology companies—Dell Technologies (NYSE: DELL), Cisco Systems (NASDAQ: CSCO), and Hewlett Packard…
- Trillions of dollars in AI capital expenditures
- Dell, Cisco, and HP identified as AI derivative plays
- Ives Ultra AI Opportunities fund launched
What happened
Tech analyst Dan Ives highlighted three established technology companies—Dell Technologies (NYSE: DELL), Cisco Systems (NASDAQ: CSCO), and Hewlett Packard Enterprise (NYSE: HPE)—as emerging AI‑related growth plays, noting that these firms could benefit from AI adoption and potential acquisitions. He also announced the launch of the Ives Ultra AI Opportunities closed‑end fund (NYSE: IVAI), which aims to give investors exposure to private AI companies.
Why it matters
Ives argues that the AI boom is entering its third phase, with trillions of dollars in capital expenditures being directed toward AI infrastructure. He believes that older, lower‑priced tech firms are now positioned to capture a share of this growth, potentially leading to a broader market upside beyond the…
Short-term and longer-term
Short-term. Short‑term traders should watch for any earnings releases or guidance updates from Dell, Cisco, and HP that could signal increased AI investment or acquisition activity.
Longer-term. Long‑term investors should consider the structural shift toward AI as a driver of growth for mid‑cap tech firms.