Core Viewpoint - The S&P 500 is currently near all-time highs, and a modest correction in stocks is anticipated for the year 2026 [1]. Group 1: Market Analysis - Careful stock selection is emphasized as a crucial strategy for investors in the current market environment [1]. - The experience of analysts covering technology companies and working in Silicon Valley is highlighted, indicating a deep understanding of industry trends [1]. Group 2: Analyst Background - Gary Alexander has been a contributor to Seeking Alpha since 2017, providing insights into technology and startup themes [1]. - His articles are widely disseminated, appearing on popular trading platforms like Robinhood, which enhances their reach and influence [1].

Core Insights - Many traders lose money on long call options due to insufficient stock movement, time decay, poor strike selection, and chasing the wrong stocks [1] Strike Selection - Out-of-the-money (OTM) calls have no intrinsic value, relying entirely on time and volatility, requiring larger-than-expected stock movements to break even [3] - In-the-money (ITM) calls have higher delta, moving more closely with the underlying stock, thus increasing the odds of a successful trade [4] Stock Selection - Successful long call trades require strong trends and real momentum, making stock selection as crucial as strike selection [5] - A disciplined process for stock selection is emphasized, rather than random chart scrolling or chasing hype [2][5] Long Call Candidates - The Uptrending Stocks list focuses on large-cap stocks meeting specific technical conditions: rising 20-, 50-, and 200-day moving averages, improving volume trends, and trading at least 20% below their 52-week highs [8]

Group 1 - The article discusses FerdiS's investment strategy focused on dividend growth stocks and options trading to enhance dividend income [1] - FerdiS manages a portfolio named DivGro, which primarily consists of dividend growth stocks and was established in January 2013 [1] - The article highlights FerdiS's extensive investment and trading experience of over 20 years, emphasizing his expertise in various aspects of investing [1] Group 2 - FerdiS collaborates with the founders of Portfolio Insight, an online platform dedicated to portfolio management and investment analysis [1] - The article mentions the publication of Dividend Radar, a weekly free spreadsheet that lists dividend growth stocks [1]

Group 1 - The article discusses FerdiS's investment strategy focused on dividend growth stocks and options trading to enhance dividend income [1] - FerdiS manages a portfolio named DivGro, which primarily consists of dividend growth stocks and was established in January 2013 [1] - The article highlights FerdiS's extensive investment and trading experience of over 20 years, emphasizing his expertise in various investment-related topics [1] Group 2 - FerdiS collaborates with the founders of Portfolio Insight, an online platform dedicated to portfolio management and investment analysis [1] - The article mentions the publication of Dividend Radar, a weekly free spreadsheet that lists dividend growth stocks [1]

Investment Ratings - CICC-H: Buy [1] - FUTU: Neutral [1] - Hundsun: Buy [1] - East Money: Sell [2] Core Insights - Broker and fintech stocks have shown strong performance since May, with average returns of +27% for brokers and +9% for fintech, compared to +8% and +3% for the H/A share index [1] - Positive changes in Average Daily Trading Volume (ADTV) and turnover rates, along with growth in the Hong Kong market, are expected to drive earnings improvement [1][4] - Earnings forecasts for CICC, Hundsun, FUTU, GFS, and CITICS have been revised upwards by an average of 7% for 2025 [1][31] Summary by Sections Stock Selection Preferences - Preference for brokers with greater exposure to the Hong Kong market, such as CICC-H, while maintaining a Neutral rating on FUTU due to limited excess earnings growth [2] - For fintech, Hundsun is preferred over East Money due to fundamental factors, including recovery in non-core revenue supported by investments [2][26] Market Trends and Revisions - ADTV and turnover rates have recovered since June, primarily due to the easing of tariff shocks [4][12] - Continued increase in ETF market share is expected to impact East Money's profitability negatively [26] Earnings Forecasts - CICC's net profit forecast for 2025 has been raised by 13%, reflecting anticipated growth in Hong Kong investment banking revenue [17][22] - FUTU's earnings forecast has been slightly raised by 1% for 2025, driven by reduced customer acquisition costs [21][22] - Hundsun's net profit forecast for 2025 has been increased by 13% due to higher investment income [31] Valuation and Price Targets - CICC-H has a target price of HK$ 17.58 based on a 10x 2026E P/E [36] - FUTU's target price is set at US$ 111.79 based on an 18x 2026E P/E [36] - Hundsun's target price is Rmb 32.04, reflecting its market presence and sustainable customer relationships [46]

Group 1 - FerdiS focuses on investing in dividend growth stocks and utilizes options to enhance dividend income [1] - The portfolio, DivGro, primarily consists of dividend growth stocks and was established in January 2013 [1] - FerdiS has over 20 years of investment and trading experience, contributing to articles on various investment topics [1] Group 2 - Collaboration with the founders of Portfolio Insight, which is an online platform for portfolio management and investment analysis [1] - Maintenance and publication of Dividend Radar, a weekly free spreadsheet that lists dividend growth stocks [1]

Core Insights - The article highlights the highest-quality Dividend Champions, which are companies that have consistently increased their annual dividend payouts for at least 25 years [1] Group 1: Dividend Champions - Dividend Champions are defined as companies listed on U.S. exchanges with a track record of higher annual dividend payouts for a minimum of 25 years [1] Group 2: Future Articles - Subsequent articles will focus on Dividend Contenders (companies with 10-24 years of dividend increases) and Dividend Challengers (companies with 5-9 years of dividend increases) [1]