Founder Securities says the AI-led tech growth theme remains intact; prioritize
core names on dips and watch repatriation of domestic compute capacity from
overseas. Within the sector, favor rotation into segments with structural supply
pressure and durable demand — e.g., AI power-constrained assets, new technology
and advanced materials. Separately, HALO assets are viewed as having undergone
significant adjustment; with a clear PPI uptrend and resource-supply tightening
Amid a higher energy-price regime, core resources (nonferrous metals and
chemicals) and broad energy (coal, power, oil & petrochemicals) are in a
left-side accumulation phase. The house expects limited upside momentum for US
Treasury yields around 4.6% and see the June Fed meeting as a potential catalyst
to temper aggressive market rate-hike bets. Tactically, monitor easing in
US-China ties and tariff cut expectations for support to export chains, and
watch for episodic theme-stock rallies — areas of interest include power‑compute
synergy plays, commercial space, and robotics where policy and news may
converge.
