Tech Stocks Poised to Surge as AI Spending Jumps 20-25%
- Artificial intelligence spending will surge 20-25% in 2024, fueling gains for tech stocks
- Analyst Dan Ives believes AI is the most transformative tech since the internet in 1995
- He recommends buying mega-cap tech giants like Apple, Microsoft, and Alphabet
- Cybersecurity firms like Palo Alto Networks and Palantir also have upside
- MongoDB, Zscaler, and Crowdstrike are other AI and cloud-focused names to own