Jian Lim @jianswang: "Tech and SaaS stocks like..."

Malaysia

Tech and SaaS stocks like $NOW (ServiceNow Inc) , $MSFT (Microsoft) and $ADBE (Adobe Systems Inc) have faced significant headwinds this year, pressured by the rapid rise of AI models disrupting traditional software, and compounded by the US–Iran conflict and its resulting oil shock. Despite the turbulence, our belief in AI infra such as $NVDA (NVIDIA Corporation) , $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) , $MU (Micron Technology, Inc.) and $GOOG (Alphabet) helps our portfolio to remain in positive territory, outperforming much of the broader market. Volatility is simply the price of long-term outperformance. As timing the market is nearly impossible, our goal is straightforward, to capture more of the upside, and weather more of the downside than the index. We just need to continue to stay patient, and add more funds for the long-term returns.

Not investment advice. The author may have financial interests in the mentioned instruments.