Artificial intelligence is no longer just a buzzword—it's a driving force reshaping industries, economies, and the way we live. According to Dan Ives, a long-time tech analyst at Wedbush Securities, we're witnessing a 'golden age' for AI software, and the opportunities are just beginning to unfold.
The Heart of the AI Revolution: Software
While hardware and infrastructure often grab headlines, Ives argues that software is where the real magic happens. Software is powering the most exciting use cases for AI, from automating business processes to revolutionizing customer experiences. But as Ives points out, not every company that mentions AI is truly moving the needle. The key is identifying those with genuine innovation and impact.
A New ETF for the AI Era
To help investors tap into this wave, Ives recently launched the Dan Ives Wedbush AI Revolution ETF (ticker: IVES). This fund is designed to spotlight companies that are actively transforming the AI landscape—not just the usual suspects, but also emerging players that might not yet be household names.
The ETF's holdings span 30 companies across various sectors, including hyperscalers, cybersecurity, consumer platforms, and robotics. The top three holdings—Microsoft, Nvidia, and Broadcom—are well-known leaders, but the fund also includes rising stars like SoundHound and Innodata. Oracle, in particular, is highlighted as a company at the epicenter of the AI software surge, with its shares up nearly 62% in just two months.
How the ETF Stays Ahead
What sets this ETF apart is its dynamic approach. Ives and his team conduct deep research to identify companies truly driving AI innovation. The portfolio is reviewed quarterly, ensuring it adapts to the fast-moving tech landscape. If a new company emerges as a significant AI player, it can be added to the mix.
Actionable Takeaways for Investors
- Look beyond the hype: Not every company talking about AI is a leader. Focus on those with real, transformative products and services.
- Diversify your exposure: AI is impacting multiple industries. A diversified approach, like an ETF, can help capture growth across the sector.
- Stay informed: The AI landscape evolves quickly. Regularly review your investments and stay updated on new developments.
Is It Too Late to Join the AI Boom?
Some investors worry they've missed the boat on AI stocks. But Ives believes the revolution is still in its early innings. Focusing solely on valuations, he warns, can mean missing out on the next wave of transformational tech companies.
Summary: Key Points
- AI software is experiencing unprecedented growth, driving innovation across industries.
- The Dan Ives Wedbush AI Revolution ETF offers a curated way to invest in leading and emerging AI software companies.
- Oracle, Palantir, IBM, Salesforce, Microsoft, Nvidia, and Broadcom are among the top names to watch.
- The ETF is actively managed and updated quarterly to reflect the latest trends.
- It's not too late for investors to participate in the AI revolution—opportunities remain abundant for those who do their homework.