Soochow Securities: After the midterm elections, is it a good time to bottom fish Nasdaq?

According to Jinzi Finance APP, Dongwu Securities released a research report stating that they may adopt a cautious attitude towards bottom fishing the Nasdaq Index. Over the next 12 months, the pace of U.S. AI infrastructure investment is expected to face downward pressure, and there is still risk of earnings forecasts for upstream hardware companies being revised. While an index rebound is possible, Chen Li from Dongwu Securities is more inclined to focus new investment opportunities on downstream applications, especially To C AI Agents that can leverage cost-effective models and reduce service costs.