Firstly, let’s talk about the leading electric vehicle company, Tesla (TSLA). Qiao Wang expressed that he previously had little faith in Tesla, but his view changed drastically after personally experiencing FSD v12 last year. Moreover, Tesla is likely a leader in the field of humanoid robots; if Tesla’s Optimus (humanoid robot) succeeds, in the future, every household and every company may need a robot, just as everyone currently has a mobile phone and computer. This would give Tesla’s market space the potential to be much larger than the current electric vehicle market.
The next company is Google (GOOG). Qiao Wang believes that Google is the most reasonably valued among the seven giants of the U.S. stock market, as the market is currently flooded with various FUD (Fear, Uncertainty, and Doubt) such as “LLMs will destroy search” and antitrust investigations, which have led to its stock price being suppressed. However, Qiao Wang asserts that the DNA of Google as a company gives it the opportunity to excel in the fields of AI and robotics.
The third company is TSMC (TSM). Qiao Wang stated that we are in an era where “everything is a computer,” and every computer requires chips manufactured by TSM. In terms of process technology, they are several years ahead of Samsung and Intel.
Lastly, we have Pinduoduo (PDD). Due to the risks in the Chinese market and tariff FUD, its valuation has been severely underestimated. However, Qiao Wang believes that this is a company led by its founder, with strong execution capabilities, and such companies typically have a higher probability of success. Additionally, they genuinely adhere to the 997 work culture (working six days a week from 9 AM to 9 PM), which indicates that Pinduoduo’s internal culture is highly driven, and this might be one of the reasons for its continued growth.