Wedbush's Dan Ives Sees Apple's AI Push As A 'Golden Buying Opportunity': 'There's 2.2B Reasons They Are Not Too Late'
Portfolio Pulse from Benzinga Neuro
Dan Ives of Wedbush is optimistic about Apple Inc. (NASDAQ:AAPL) despite its recent stock downturns, viewing the dip as a prime buying opportunity. He believes Apple's potential in AI is significant, dismissing concerns about being late to the AI race with '2.2 billion reasons.' Despite challenges in China and a fine by the European Commission, Ives maintains a positive outlook, especially with Apple's advancements in AI.
March 08, 2024 | 7:10 am
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Dan Ives of Wedbush remains optimistic about Apple, viewing its current stock dip as a buying opportunity and dismissing concerns about its timing in the AI race.
Ives's positive outlook on Apple, despite recent challenges, suggests confidence in the company's long-term value, particularly in AI advancements. This optimism, coming from a reputable analyst, could influence investor sentiment positively in the short term, potentially leading to an uptick in AAPL's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100