Apple will be a $4 trillion stock by the end of 2024: Wedbush’s Dan Ives

Apple

Wedbush Securities Managing Director and Senior Equity Analyst Dan Ives joins Yahoo Finance anchors Julie Hyman and Josh Lipton to give insight into what he refers to as “the start of the fourth industrial revolution" and which companies stand to best capitalize on this shift.
Ives points out how dominant tech will be this year, affirming: “What this is going to do to the chip sector in terms of this cycle, I think a lot of these chip names, you’ll see M&A, what’s been Salesforce (CRM), Adobe (ADBE), Oracle (ORCL), it’s one where we believe it’s a 1995 moment. The biggest tech transformation in the last 30 years."
“We believe, the new tech market has begun despite the bears winning a few battles the first few days of the year," Ives continues to say.
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