MSFT, PLTR, and NVDA: Daniel Ives Picks the Best AI Stocks to Buy

Wedbush analyst Daniel Ives outlines the sheer scale of the AI Revolution that’s upon us.

The global AI market is expected to reach $407 billion by 2027 and $1.81 trillion by 2030 representing a 36% CAGR.

Ives follows this by making several recommendations, pointing out the best AI stocks to buy as the sector heats up.

The Street gives Microsoft a Strong Buy consensus rating, based on 35 reviews that include 30 Buys and 5 Holds.

Ives puts an Outperform (i.e., Buy ) rating on Microsoft , and his $ 515 price target indicates room for a 17.5% upside on the one-year horizon.

Palantir is well-known for bringing AI technology to bear on data analysis and management.

Palantir ’s 18 recent analyst reviews support a Hold consensus rating, with a breakdown of 3 Buys, 11 Holds , and 4 Sells.

Nvidia is a Magnificent 7 stock, one of the mega-cap tech firms that has been at the forefront of the market in recent years .

The company's share price has appreciated by an astounding 593% over the past three years .