Dan Ives Calls Tech Selloff a 'Gut Check' — Names His Top Stocks to Own for the Next 5 Years
Key takeaways
- The tech selloff is a test for AI‑heavy names; Ives recommends staying long on PLTR, MSFT, NVDA and AAPL for five years.
- NVDA 1‑month: -15.42%
- NVDA 5‑year: 579.19%
- AAPL 1‑month: 1.63%
What happened
Tech analyst Dan Ives said the recent tech selloff is a "gut check" and named Palantir Technologies (PLTR), Microsoft (MSFT), Nvidia (NVDA) and Apple (AAPL) as the stocks to hold for the next five years.
Why it matters
Ives believes the downturn is a chance for companies to prove they can monetize AI. He says Nvidia is the best positioned AI play, Apple could add $75 per share to its valuation, and the market’s nervousness is driven by disruption across tech.
Short-term and longer-term
Short-term. Over the next few weeks, watch for any earnings or What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.guidance
Longer-term. For the next five years, the focus should be on how these companies translate AI investments into revenue.
Words on this card
- AI
- Artificial intelligence, computer systems that perform tasks that normally require human intelligence.
- Gut check
- A test or challenge that forces a company or sector to prove its value.
- Monetize
- Turn a technology or product into revenue.
- Disruption
- Rapid change that alters how a market operates.
- Capital allocation
- Decisions about where a company spends its money.