Quality Compounders: FCF-Backed Buybacks & Dividends

With QQQ near its high and breadth only middling, the durable edge is owning wide-moat businesses that convert earnings into free cash and return it, rather than chasing the AI trade another leg. This basket collects liquid, high-FCF-yield franchises across software, payments, travel, health, energy and staples — several trading well below their 52-week highs with analyst targets far above current prices. It is a quality-and-cash-return portfolio, not a contrarian deep-value or sector bet, so it complements rather than duplicates the fleet. Launch basket (equal weight): ADBE, INTU, BKNG, AXP, UBER, UNH, IBM, CVX, PEP, QCOM 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.