Whalesbook
Ives' 2026 AI Stock Picks
Renowned analyst Dan Ives of Wedbush Securities has unveiled his top five artificial intelligence stock selections for 2026, controversially omitting semiconductor leader Nvidia. Ives' strategy pivots from the 'picks and shovels' AI infrastructure play to companies poised to capture substantial value through AI adoption and monetization.
The 'Multiplier' Strategy
Ives articulated his thesis: "For every dollar spent on a Nvidia chip, there's an $8-$10 multiplier across the rest of tech." This suggests that while chipmakers are essential, the true financial upside in the coming years lies with those effectively integrating and commercializing AI technologies. This approach shifts focus from hardware providers to software and service innovators.
Top Selections: Microsoft, Apple, Tesla
Microsoft made the list, with Ives highlighting the undervalued growth potential of its Azure cloud computing division and the widespread integration of Copilot. Apple, despite a more conservative AI approach, is seen as having immense untapped potential within its vast installed base, with AI monetization potentially adding significant shareholder value. Tesla is framed as an AI play on wheels, with autonomous driving and robotics (Optimus) seen as key growth catalysts, potentially driving its market capitalization significantly higher.
Palantir and CrowdStrike Round Out the List
Data analytics firm Palantir Technologies is recognized for its strong demand from both government and commercial sectors, with Ives predicting a potential path to a $1 trillion valuation. Cybersecurity specialist CrowdStrike Holdings is included as a derivative beneficiary; as AI adoption accelerates, the need for robust AI-powered security solutions intensifies. Ives sees CrowdStrike as well-positioned to capitalize on this growing demand.