From Seekingalpha · Mike Zaccardi, CFA, CMT · · 50s
Dan Ives Top Picks Strong and Cheap
Dan Ives' AI ETF outperforms S&P 500 with strong returns and low valuation.
In brief
Dan Ives' AI ETF outperforms S&P 500 with strong returns and low valuation. Dan Ives Wedbush AI Revolution ETF (IVES) remains a buy with 20% YTD returns and a PEG ratio of 0.77x. Originally reported by Seekingalpha.
Dan Ives Wedbush AI Revolution ETF
Dan Ives Wedbush AI Revolution ETF (IVES) remains a buy with 20% YTD return and outperformance vs. S&P 500.
Strong Valuation Metrics
IVES offers concentrated exposure to leading AI and tech names with a PEG ratio of 0.77x and corrected P/E under 21x.
Bullish Outlook
Despite recent momentum cooling and elevated volatility, the fund's technical setup and valuation present an attractive long opportunity.
Year-End Catalysts
Tech sector seasonality, strong leadership, and supportive earnings catalysts reinforce the bullish outlook for IVES into year-end.
What it means
Dan Ives Wedbush AI Revolution ETF (IVES) remains a buy with 20% YTD returns and a PEG ratio of 0.77x.
