Mike Zaccardi, CFA, CMT 9.87K Followers
Summary
Dan IVES Wedbush AI Revolution ETF remains a buy, with a 20% YTD return and outperformance versus the S&P 500.
IVES offers concentrated exposure to leading AI and tech names, with a compelling PEG ratio of 0.77x and a corrected P/E under 21x.
Despite recent momentum cooling and elevated volatility, IVES's technical setup and valuation present an attractive long opportunity.
Tech sector seasonality, strong leadership, and supportive earnings catalysts reinforce the bullish outlook for IVES into year-end.
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Dan Ives, Partner and Senior Managing Director, Tech Analyst at Yorkville Ives, may have left Wedbush earlier this year, but Alpha remains in his flagship, Dan IVES Wedbush AI Revolution ETF (IVES).…