Dan IVES Wedbush AI Revolution ETF (IVES) · Invest & Retire Community

Dan IVES Wedbush AI Revolution ETF (IVES)

On Wednesday, Wedbush Fund Advisers launched the Dan IVES Wedbush AI Revolution ETF, which will trade on the New York Stock Exchange under the ticker symbol IVES. The new exchange-traded fund is built on Ives's proprietary research and aims to provide investors with targeted exposure to the booming artificial intelligence sector. See attached for the stocks.

The fund tracks 30 publicly traded companies handpicked from Ives's "AI Revolution Theme," a research framework that identifies firms with meaningful exposure to AI infrastructure, deployment, and monetization.

The ETF spans a range of sectors, including semiconductors, hyperscalers, cybersecurity, consumer platforms, robotics, and cloud infrastructure. Holdings include major AI players like Nvidia (NVDA), tech giants such as Microsoft (MSFT), and defense-focused firms like Palantir (PLTR). Chinese companies Alibaba (BABA) and Baidu (BIDU) are also featured to capture exposure to AI developments in Asia.

Groks pick from each category:

1. Hyperscaler: Microsoft (MSFT)

Why: Microsoft is a leader in cloud computing through Azure, a critical platform for AI development and deployment. Their partnership with OpenAI has fueled innovations like ChatGPT integration, and their Intelligent Cloud segment shows robust growth in recent financials. As a well-established tech giant, Microsoft combines stability with significant AI-driven upside, making it the top pick in this category.

2. Software: Palantir (PLTR)

Why: Palantir excels in AI-driven data analytics, serving both government and commercial clients. Their Artificial Intelligence Platform (AIP) has driven rapid commercial growth, reflected in strong recent earnings. Often dubbed a "generational tech name" by analysts like Dan Ives, Palantir’s unique capabilities and expanding market presence make it the standout in AI software solutions.

3. Consumer Internet: Apple (AAPL)

Why: Apple may not be an obvious AI leader, but their integration of AI into products (e.g., Siri, Apple Intelligence) and their massive, privacy-focused user base give them a unique edge. Speculation around AI innovations, like an "AI wall tablet," and an anticipated upgrade cycle in emerging markets bolster their growth potential, making them the best pick here.

4. Cybersecurity: Palo Alto Networks (PANW)

Why: Palo Alto Networks is a cybersecurity frontrunner, leveraging AI to combat evolving threats. Their innovative product portfolio, including generative AI tools, and a growing total addressable market position them for success. Solid financial performance and the rising demand for AI-enhanced security solutions make them the top choice in this category.

5. Autonomous/Robotics: Tesla (TSLA)

Why: Tesla leads in autonomous vehicle technology with its Full Self-Driving (FSD) system. Their advancements in AI for robotics and vehicles, including the potential Cybercab, set them apart. Despite challenges, Tesla’s innovation and market dominance in this niche make it the clear winner in Autonomous/Robotics.

6. Semiconductor/Hardware: NVIDIA (NVDA)

Why: NVIDIA is the gold standard in AI hardware, with their GPUs powering AI training and inference globally. Their dominance, reinforced by the upcoming Blackwell architecture, and stellar recent earnings highlight their growth trajectory. As AI infrastructure demand surges, NVIDIA is the top pick in this category.

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