Dan Ives, former Wedbush technology analyst, has identified Nvidia, Microsoft, Palantir, Apple, and CrowdStrike as his top 5 tech stock picks for 2027. According to reports from TradingView News, Ives initiated coverage of nearly 50 tech companies and believes investors still underestimate a $4 trillion AI spending wave. He described the current market position as 'the 3rd inning of a 9-inning game,' citing the scale of commitments as evidence of the trend's longevity. Ives also identified Tesla as his preferred disruptive technology play, though shares have fallen about 14% year-to-date. As reported by Yorkville Ives, Ives departed Wedbush earlier this year and launched his new venture Yorkville Ives, described as a modern merchant bank for the age of AI, stating that 'The AI Revolution is the largest technology buildout in history, and it is no longer a story about one sector but about the capital, power, and policy of the entire economy.'
CrowdStrike has emerged as the standout performer, gaining 146% since the start of 2026 and carrying a $335 target price, representing a 26% upside from Wednesday's close of $265.44. As reported by TradingView News, the cybersecurity company's stock has surged nearly 146% this year, significantly outperforming other picks in the portfolio. Ives highlighted that Anthropic and OpenAI now pitch themselves as cybersecurity players, which he believes threatens incumbents while lifting demand for cybersecurity products. CrowdStrike is up 129% year-to-date, demonstrating the sector's strong performance driven by AI-related security concerns. Ives correctly called the rally in cybersecurity stocks in December 2025, with his previous two top picks for the sector, CrowdStrike and Palo Alto networks, up 138% and 128% year-to-date respectively.
Microsoft and Apple have shown solid gains, with Microsoft up 12% and Apple gaining 23% year-to-date. According to TradingView News, Ives set a $615 target for Microsoft, about 16% above its Wednesday close of $529.76, highlighting $678 billion in commercial remaining performance obligations (RPO). Palantir has risen about 14% in 2026, while Nvidia shares have gained about 27% so far this year. Tesla shares have fallen about 14% year-to-date, contrasting with Ives' positive outlook on the company as a disruptive technology play. Notably, one theme stands out in Ives' most bullish tech plays: companies linked to Nvidia. The list includes Salesforce, Check Point, and CrowdStrike, among others, with Ives stating that 'In our view, the company's advantage is increasingly defined by the breadth of the ecosystem surrounding the GPU'.
Ives expects the gains from AI spending to spread more widely across the economy, with security spending projected to climb from roughly 5% of IT budgets toward 10% over the next 3 years. As reported by TradingView News, he focuses on agentic AI software that carries out tasks autonomously for businesses and consumers, which he argues has widened the attack surface faster than security budgets can keep pace. His cybersecurity picks include Boost Run with a $24 target, about 75% above its Wednesday close of $13.75, and Serve Robotics, which runs sidewalk delivery robots, carrying an $8 target, roughly 72% above its $4.66 close. Goldman Sachs has estimated that global spending on AI-related infrastructure could reach $4 trillion by 2030, given the scale of investment expected to flow into data centers, chips, and related technology. Ives noted that 'The infrastructure layer remains supply constrained through at least 2027, and the companies that own scarce compute, memory, and power are reporting the growth now,' while 'Enterprise software, written off in the first quarter as AI's presumed victim, has recovered as the prints showed that models are commoditizing.'
