The Dan Ives of Wedbush Securities, which this month launched an artificial intelligence-treated fund, sees software as the subcategory to view in space.
According to Ives, it experiences a 'golden age'.
“Software is going to drive … Many of the use cases,” said the worldwide head of the company of Technology research on CNBC's “ETF Edge” this week. “But it tries to understand: who within software? Only because they say that 'AI' at a conference call does not make them a AI player.”
Ives runs the Dan Ives Wedbush Ai Revolution ETF, who acts under the Ticker Ives. The aim of Ives is to concentrate on shares that transform the AI landscape.
“I believe that the market is still massively underestimating what growth will look like for the AI revolution in technology,” he said. “For us it is not alone. It is not only the first four or five names … It is trying to identify names that you may not even consider an AI name thematically today.”
He predicts Oracle Will “be the epicenter of the AI theme in the next six, nine, 12 months in terms of software.” From the Tuesday market, Oracle shares have risen almost 62% over the past two months. It is the fourth largest company in Ives, according to the company's website.
The other software holdings of Ives include Palantir” IBM And Salesforce. It is also winners in the past two months – with Palantir shares that rise more than 47%.
In total, the interests of Ives cover 30 companies that overstrain several industries. They include hyperscalers, cyber security, consumer platforms and robotics. According to Ives, the list is composed of its deep dives in large AI players.
“Investors always say all over the world:” How do you play AI? How do you play the theme? “Said Ives. “All our research can do it in a way in which investors can play this, regardless of where they are and who they are.”
The top three of the top three of the fund are in general Microsoft” Nvidia And WidthcomBut it also contains smaller technical names such as Jealous And Innod data.
Ives has risen almost 3% since the launch of 4 June. In an e -mail to CNBC, Ives wrote that the ETF has $ 183 million in assets under management from Tuesday's market.
Ives plans to evaluate the AI 30 every quarter.
“There may be a name today,” he said. “Six months from now on, if we notice that it is a name that has become more and more an AI game, then we will set them up there.”
Ives claims that the technical trade is still worth the investment – Even for investors who have missed in recent years in recent years.
“If you only focus on the appreciation, you miss every transformational technical stock of the past 20 years,” said Ives.
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