Worried about the AI bubble? Wedbush's "Tech Titans" issued a statement: constantly monitor valuations, otherwise, you will miss out on transformational bull stocks.

Although there are concerns in the market about currency policy and the valuation of artificial intelligence (AI), Dan Ives, the technology research director at Wedbush Securities, remains optimistic about the technology sector. During an interview, Ives described the current market tension as "short-sighted behavior" and asserted that the bull market for tech stocks is expected to last at least another two years. This technology bull pointed out that there is strong demand for semiconductor ETFs in the market, emphasizing that "since June, we have seen demand increase by about 30%." He defined the current environment as a "super cycle of capital expenditure," believing this to be the early stage of a technological revolution and stating that investors are currently only in the "second or third phase" of the AI revolution. Ives defended the massive capital expenditures of large tech companies, explaining, "For every dollar they invest in capital expenditure, they will eventually receive a return of $8 to $10 in the coming years." He specifically highlighted Meta (META.US), Oracle Corporation (ORCL.US), and Tesla, Inc. (TSLA.US) as highly promising investment targets, even referring to Meta as a "highly convincing quality stock" despite recent selling pressure. When asked about possible "losers" in the technology sector, Ives admitted that careful selection is necessary, but he still maintains an overall optimistic outlook. He pointed out that companies in the infrastructure sector and companies derived from levels two to four in the industrial chain offer significant opportunities, mentioning companies like Nebius (NBIS.US) and CoreWeave (CRWV.US). Additionally, Ives opposed the comparison of the current market to the dot-com bubble, stating, "It is now an opportunity period like 1996, not a bubble stage like 1999, 2000." He concluded by emphasizing that investors who are limited to short-term valuations will miss out on historic opportunities, saying, "Over the past twenty years, all investors who have been steadfast in valuation analysis have ultimately missed out on transformative tech stocks."