Core Insights - The investment strategy suggests moving away from expensive large-cap stocks and focusing on undervalued small- and mid-cap stocks in preparation for 2026 [1] Group 1: Investment Strategy - The current stock market is perceived as vulnerable, particularly near all-time highs [1] - The recommendation is to rotate investments into under-recognized and undervalued small- and mid-cap stocks [1] Group 2: Analyst Background - Gary Alexander has extensive experience in covering technology companies and has worked in Silicon Valley [1] - He has been a contributor to Seeking Alpha since 2017 and has been quoted in various web publications [1]

Group 1 - Investors are pushing back against high valuations in the stock market as Q2 earnings season concludes [1] - It is suggested that this period presents an opportunity to adopt a "risk-on" approach by investing in lesser-known, underappreciated small- and mid-cap stocks [1] - The analyst has extensive experience in covering technology companies and has been involved with seed-round startups, providing insights into current industry themes [1]