Electrical Power Conversion Equipment

Electricity demand creates opportunities for manufacturers that generate, convert and condition power, not just utilities or computing suppliers. This basket connects power semiconductors with fuel cells, generating equipment and electrical infrastructure. Recent weakness in equipment shares offers a selective entry point, although capital-spending cyclicality and semiconductor competition remain risks. Launch basket (equal weight): TXN, ADI, BE, GEV, VRT, ETN, ON, MPWR, NVTS Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.