Ives: top tech stocks to watch amid geopolitical tensions

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Amid rising Middle East tensions and AI-related market jitters, tech investors are looking for companies viewed as more resilient in a “geopolitical jittery backdrop,” according to Wedbush analyst Dan Ives.

Defensive positioning amid AI and market uncertainty

Ives said the tech sector faces nervousness tied to AI-related trade concerns and software sell-offs, but argued “this is not the time to panic.” He highlighted ten technology companies he believes are positioned to weather volatility, citing robust business models and exposure to cybersecurity, defense, and AI-driven growth.

Cybersecurity and AI-driven platforms

Cybersecurity and AI-enabled platforms were a central focus in Ives’ selection:

CrowdStrike (CRWD): Ives pointed to the Falcon platform, saying it is increasingly effective against AI-enabled cyber threats.
Palo Alto Networks (PANW): Ives cited rising enterprise demand for AI-driven cybersecurity tools.
Check Point Software Technologies (CHKP): The firm continues expanding its solution suite, including SASE and email security, with AI expected to drive future business growth.

Cloud and consumer resilience

Defensive “giants” also feature in the list, including:

Microsoft (MSFT): Positioned to benefit from cloud and AI monetization, supported by a $625 billion backlog.
Apple (AAPL): Described as a strong consumer-driven performer, supported by the iPhone 17 upgrade cycle and robust cash flow.

Defense and government data analytics

Defense and government-focused companies were another key theme:

Palantir Technologies (PLTR): Gaining momentum in US federal deals, with Ives noting Palantir’s AIP platform is becoming a standard tool for government data analytics.
Planet Labs (PL): Seeing increasing demand for space and geospatial solutions from defense and intelligence agencies.
Voyager (VOYG): Positioned with advanced guidance, navigation, and control, secure communications, and AI-driven ISR capabilities.

Enterprise software and AI integration

Ives also expects enterprise software providers to benefit from the AI revolution:

Salesforce (CRM): Continues to monetize its customer base.
ServiceNow (NOW): Viewed as undervalued, with AI integration expected to amplify the value of its enterprise infrastructure.