'The Miami Cab Driver Is Bearish on Software Stocks': Why You Should Buy the Dip in These 5 Oversold Names Now

Wedbush analyst Dan Ives is a "permabull," and while that title has paid off in spades in the past few years, the fading software rally isn't a good look. The S&P 500 Software Index is down from its highs back in October 2025, but Ives still believes there's money to be made. Speaking on CNBC, Ives said, "Right now, the Miami cab driver is bearish in software, and I think that's a bullish sign relative to where I see software this year." The implication is classic contrarian logic. This means that when be ...