Analyst Dan Ives recommends buying opportunities in Palantir Technologies and Nvidia stocks

From Nasdaq: 2025-03-04 08:17:00

In 2025, the stock markets showed signs of cooling after two years of strong gains. DeepSeek, a Chinese AI start-up, caused a stir with claims of advanced models using older tech than U.S. giants. Tariffs and market uncertainty added to investor caution.

Palantir Technologies, a software developer, impressed with its AI Platform suite, attracting institutional interest. Despite a 340% gain in 2024, recent stock drop presents buying opportunity, says analyst Dan Ives. Changes in Pentagon budget and insider selling contribute to current valuation dip.

Nvidia, a chip leader, faces competition concerns after DeepSeek’s AI model claims. Despite solid data center growth and $325 billion AI investment plans, stock trades at discounted levels. Rare opportunity to buy at lower P/E multiple and benefit from long-term growth trends.

Analyst Ives also recommends Nvidia as a strong pick due to its essential GPU technology in the AI sector. Companies like Meta Platforms and Amazon rely heavily on Nvidia’s hardware and software. Recent price drop presents a potential buying opportunity for investors seeking growth in the AI sector.



Read more at Nasdaq: Dan Ives Says These 2 Stocks Are in the “Sweet Spot” of the Artificial Intelligence (AI) Movement