This article first appeared on GuruFocus.
Wedbush recently published a short list of tech names it favors into year-end, spotlighting Microsoft (NASDAQ:MSFT) and Nvidia (NASDAQ:NVDA) as core holdings, according to a Tuesday note from the firm.
Analyst Dan Ives said the moves do not signal an AI bubble but reflect durable demand for chips, cloud services and security tools as firms scale AI. He pointed to continued capital spending and enterprise deployments as the backdrop for the call.
The research note names ten stocks investors should watch: Advanced Micro Devices (NASDAQ:AMD), Alphabet (GOOGL), Apple (AAPL), CrowdStrike (NASDAQ:CRWD), Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), Palantir (NASDAQ:PLTR), Palo Alto Networks (NASDAQ:PANW) and Tesla (NASDAQ:TSLA).
Wedbush said it expects resilient earnings momentum into next year but warned investors to weigh froth in certain segments.
The call reinforces the firm’s bullish stance on tech while acknowledging near-term volatility and valuation risks.