Popular analyst reveals 9 'buy the dip' tech stocks

Core Viewpoint - The recent selloff in technology stocks, particularly the Magnificent 7, is attributed to new tariffs announced by President Trump, creating a potential buy-the-dip opportunity for investors [4][5][6]. Group 1: Market Performance - The MAGS ETF is down 1.8% as of January 20, with major tech stocks like Apple and Nvidia down 2.8% [1]. - The Roundhill Magnificent Seven ETF (MAGS) has declined 3.6% year-to-date, while the SPDR Energy Select ETF (XES) has increased by 11.7% [2]. - Technology stocks are underperforming compared to sectors like health care and energy, with the Magnificent 7 stocks showing lackluster returns [3]. Group 2: Analyst Insights - Dan Ives from Wedbush Securities views the tech-stock selloff as a buy-the-dip moment, suggesting that the uncertainty from tariffs could provide opportunities for investors [4][6]. - Ives believes that many tech stocks are currently undervalued and worth buying, particularly in light of the recent market fluctuations [7]. Group 3: Key Stocks to Watch - Nvidia (NVDA): Positioned as a leader in AI infrastructure with upcoming product launches expected to drive significant sales and profits in 2026 [7]. - Microsoft (MSFT): Early mover in AI with strong growth potential from its stake in OpenAI and Azure services [8]. - Palantir (PLTR): Expected to benefit from increased government AI spending and enterprise growth, enhancing revenue and earnings in 2026 [9]. - CrowdStrike (CRWD): Positioned to benefit from rising demand for next-gen cybersecurity solutions amid increasing AI-related threats [10]. - Nebius (NBIS): A neocloud operator filling the demand for AI compute power, with significant contracts in place [11]. - Apple (AAPL): Anticipated to launch significant AI features in 2026, potentially revitalizing iPhone sales [12]. - Palo Alto (PANW): Strengthened its cybersecurity offerings through strategic acquisitions, positioning itself well against AI threats [13]. - Alphabet (GOOGL): Leveraging its AI capabilities through Google Cloud and the Gemini chatbot to enhance user engagement and advertising opportunities [14]. - Tesla (TSLA): Despite recent challenges, Tesla is focusing on long-term growth through autonomous services and AI developments [15][16].