Скачать или смотреть Dan Ives' favorite Mag 7 stock pick

The Wedbush analyst explains why this Mag 7 stock stands above the rest.

Transcript:

CAROLINE WOODS: So Nvidia of course was the last of the Mag 7 to report. What’s the next catalyst for tech stocks then?

DAN IVES: The next catalyst is clearly going to be U.S.-China, right? Like what we see in terms of deals, chip, more of a pay-for-play model. I think that continues to be the big focus from a tech perspective.

CAROLINE WOODS: And what’s priced in at these levels? Where do tech stocks go from here?

DAN IVES: Look, I think tech stocks are up another 8% to 10% the rest of the year. I think you now have the validation that we see in terms of these names. And I think these stocks continue to move higher based on everything we see playing out across not just earnings but our checks.

CAROLINE WOODS: So when we last spoke in June, I asked if you could only buy one tech stock then what would it be. And you said Palantir. I’m switching my question. If you could only buy one Mag 7 stock right now, which would it be?

DAN IVES: It would have to be Nvidia, because there’s only one chip fueling the AI revolution. And that continues to be the godfather of AI: Jensen, Nvidia.

Subscribe | http://t.st/TheStreetTV
Earn. Live. Invest. | https://www.thestreet.com/
TheStreet Pro | https://pro.thestreet.com/

Watch Dan's full interview:    • What's next for Nvidia and big tech after ...  

#Investing #Stocks #WallStreet