Private & Hybrid Cloud Infrastructure

Enterprises still need to modernize computing environments while retaining control over sensitive data and existing applications. This basket targets private and hybrid cloud infrastructure, rather than public-cloud expansion or AI accelerator demand. Recent declines in enterprise hardware shares offer an entry point, although procurement delays and competition from public clouds remain risks. Launch basket (equal weight): IBM, HPE, DELL, ORCL, ANET, AVGO, PENG 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.