Former Wedbush analyst Dan Ives has highlighted Nvidia, Microsoft, Palantir, Apple and CrowdStrike as his top tech picks for 2027, citing a $4 trillion AI spending wave. He assigns Outperform ratings to each, but investors may wonder whether Nvidia or Apple offers the sharper upside.
Dan Ives, the veteran technology analyst who recently joined Wedbush, unveiled his five‑stock shortlist for 2027, naming Nvidia (NVDA), Microsoft (MSFT), Palantir (PLTR), Apple (AAPL) and CrowdStrike (CRWD) as Outperform picks (source 1). Ives argues that the market is underestimating a forthcoming $4 trillion AI‑related capital‑expenditure surge, a theme that underpins his bullish stance (source 2).
For Nvidia, Ives sees the company as the “foundational compute platform for the AI economy.” He maintains a $300 price target, noting the stock has already climbed roughly 27 % year‑to‑date (source 2). The chipmaker trades at a forward P/E of about 25.7×—approximately 39 % below its five‑year average—while analysts project earnings per share to surge 95.23 % this fiscal year and 70.90 % next year (source 2). These metrics suggest Nvidia may already be priced for modest AI growth, leaving room for further upside if the spending wave accelerates.
Apple, by contrast, carries a $400 price target from Ives and has risen about 23 % YTD (source 2). The tech giant’s forward P/E sits near 37.8×, roughly 28 % above its recent historical norm, and its projected EPS growth slows to 8.51 % for fiscal 2027 (source 2). Ives believes AI will boost device upgrades and services revenue, but the premium valuation hinges on that translation materializing, especially given lingering questions around parts of Apple’s AI strategy.
Investors weighing the two must balance Nvidia’s direct exposure to AI hardware against Apple’s broader, albeit less direct, AI integration across products and services. While Nvidia appears undervalued relative to its growth outlook, Apple’s higher multiple reflects confidence in its ecosystem’s ability to capture AI‑driven demand. As Ives emphasizes, the true scale of AI spending remains uncertain, making both stocks compelling yet distinct bets on the $4 trillion wave (source 2).