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Apple stock named among 10 ‘Tech Winners For The AI Revolution’
Tuesday December 31, 2024. 03:18 PM , from Mac Daily News
“We believe tech stocks will be robust in 2025 on the shoulders of the AI Revolution and $2 trillion+ of incremental AI capex (spending) over the next 3 years,” Wedbush Securities analyst Daniel Ives said in a client note late Monday. Patrick Seitz for Investor’s Business Daily: Ives said he expects tech stocks to rise 25% in 2025 as Wall Street and investors digest “a less regulatory spiderweb” under the administration of President-elect Donald Trump. Also, stronger artificial intelligence initiatives in the federal government should give the sector a boost, he said. Ives identified 10 stocks that he called “tech winners for the AI revolution in 2025.” AI chip powerhouse Nvidia (NVDA) leads the list, followed by cloud computing giant and OpenAI partner Microsoft (MSFT). Rounding out the list are Palantir (PLTR), Tesla (TSLA), Google parent Alphabet (GOOGL), Apple (AAPL), MongoDB (MDB), Pegasystems (PEGA), Snowflake (SNOW), and Salesforce (CRM). MacDailyNews Take: 2025 will be the year when Apple Intelligence becomes fully formed! We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you! Read on Substack Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Apple stock named among 10 ‘Tech Winners For The AI Revolution’ appeared first on MacDailyNews.
https://macdailynews.com/2024/12/31/apple-stock-named-among-10-tech-winners-for-the-ai-revolution/
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