Sector Research
| Sector | Strategy impact | Names |
|---|---|---|
| Semiconductors | Top satellite exposure through TSM; memory/HBM added to research queue but remains cyclical and unverified. | TSM, NVDA, ASML, CDNS, AVGO, MU |
| Cloud/software | GOOGL as first platform satellite; MSFT follow-up. | GOOGL, MSFT, AMZN, META |
| Healthcare | Novo remains follow-up, not first buy. | NVO/NOVO-B.CO |
| Payments | Visa as durable compounder follow-up. | V |