tech
February 5, 2026
Dan Ives names 5 stocks to buy amid software 'Armageddon'
Wedbush analyst Dan Ives thinks there are still winners to be found among software stocks despite the recent sell-off.
TL;DR
- Analyst Dan Ives believes the market's doomsday scenario for software stocks is exaggerated.
- He recommends buying shares in Microsoft, Palantir, CrowdStrike, Snowflake, and Salesforce.
- Many customers will not risk their data on AI implementations until migration projects are less risky.
- Companies are too ingrained in their current software systems to switch easily.
- New AI providers lack the capacity to handle enterprise data transitions and security.
- Software stocks have struggled due to fears that AI tools will make existing offerings obsolete.
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