Dan Ives is Managing Director and Equity Analyst, Technology Sector at Wedbush Securities. Mr. Ives is a world-renowned software and technology analyst with 20-plus years’ experience educating on cloud computing, cybersecurity, Big Data and the mobile landscape.
Before his tenure at Wedbush Securities, he spent the first few years of his career as a financial analyst at HBO before becoming a well-known research analyst and Managing Director with FBR Capital Markets, focusing on the enterprise software/hardware sectors.
He also served in executive roles at Synchronoss Technologies, a mobile cloud vendor, and GBH Insights, a leading market research firm. Mr. Ives is a highly sought-after tech expert and regularly makes television appearances on networks such as CNBC, Bloomberg, BBC, CNN and Fox to provide commentary related to his technology experience and is often cited by publications such as The Wall Street Journal, USA Today, Investor’s Business Daily, The Mercury News, Financial Times and The New York Times.
In this 2,828 word interview, exclusively in the Wall Street Transcript, Mr. Ives discusses the sector economics of cloud computing along with an introduction to his new cloud computing ETF.
“When you think about call centers, as a good example, more and more of them are moving into the cloud. As they do, companies like NICE Systems (NASDAQ:NICE) facilitate this move. NICE is one of the bigger holdings in the ETF.
Then, there are application players. You look at companies like Datadog (NASDAQ:DDOG) and Anaplan (NYSE:PLAN), and these are enablers or facilitators of the next generation of cloud.
These are all examples of companies that are in the IVES ETF, as opposed to applications such as a Slack (NYSE:WORK) and Zoom (NASDAQ:ZM) that sit on top of the infrastructure.”
The ETF will create returns in this specific sector and will include several stock names that are fairly unknown to investors:
“Cloud has many opportunities, but there are also security issues. That’s where cybersecurity names are so important in terms of guarding cloud workloads with the connections, the data and the pipes accelerating to the cloud. These companies are benefiting from the cloud theme.
Cybersecurity names are seeing significant growth related to the cloud shift. We see that with companies like Zscaler (NASDAQ:ZS) or Palo Alto (NYSE:PANW), CyberArk (NASDAQ:CYBR), just to name a few.”
There are also international names included in the ETF:
“We have companies that are higher, but 4.5% tends to be a lot of the weighted ones. Sinch AB (STO:SINCH) is an Asian infrastructure play and one that plays into the data center theme, especially in Asia.”
Get the complete 2,828 word interview for the full detail from Dan Ives, exclusively in the Wall Street Transcript.
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