Markets Got It Wrong Investor Dan Ives Says This Lagging Subsector Could Be the Biggest of the Year for Tech

Wedbush Securities analyst Dan Ives believes the cybersecurity subsector is currently undervalued by the market and has the potential to be the top-performing tech area this year. He highlights companies like CrowdStrike, Zscaler, Palo Alto, and Check Point as key players in this growth, driven by the increasing shift to cloud computing. Ives also expresses a positive outlook on IBM, anticipating a resurgence due to its adoption of artificial intelligence, led by CEO Arvind Krishna.