Kim Bolton Reveals Top Tech Picks Amid Market Uncertainty

Navigating Uncertainty: Top Tech Stocks to Watch Now

Editorial Team (ET)June 30, 2025

The world is not short on drama. The Middle East remains in turmoil, November's U.S. presidential election is too close to call, the Russia-Ukraine conflict continues without resolution, China's economic outlook appears bleak, and tensions with Taiwan are rising. This doesn't sound like a perfect environment for risk assets, yet the S&P 500 Index has managed to notch its sixth consecutive week of gains, reaching new all-time highs. How did we get here?

Amid all these uncertainties, the U.S. economy has been a pillar of strength, lifting the global economy along with it. Earnings season has started strong, and inflation seems to be easing not just in Canada but across the globe. Commodity prices have remained steady despite geopolitical tensions. With inflation behaving, central banks can continue their global easing cycle, setting the stage for further growth.

Market internals have also been robust, with the S&P 500's cumulative A/D line hitting another record high last week. Credit markets are strong as well, with both high-yield and investment-grade credit spreads at multi-year lows. The market is entering its most favorable period of the year in terms of median returns, but while there are many positives, we must also acknowledge the risks. The bull market has turned two years old, and historical trends suggest that returns during the third year could be softer. Valuations are elevated, and it's unlikely that credit spreads can tighten much further.

Even in a mixed landscape like this, there are still significant opportunities. For Kim Bolton, president and portfolio manager of Black Swan Dexteritas, technology stocks are in a prime position to benefit from the market dynamics. Today, we'll explore Bolton's top picks: Teradyne, Dassault Systèmes, and Hyundai Motor Company—three companies poised to make a major impact in their respective fields.

Teradyne (TER NASD): Automation and Precision

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne is a leading provider of advanced testing solutions. It designs and manufactures test systems for semiconductors, wireless products, storage devices, and complex electronic systems. Essentially, Teradyne ensures that the high-tech products we rely on daily—from smartphones to automotive electronics—meet stringent quality standards.

Teradyne isn't just about testing; the company has also successfully branched into industrial automation. This shift has positioned Teradyne at the forefront of the robotics revolution. By providing automation solutions, Teradyne helps manufacturing companies improve efficiency and flexibility. The company serves a wide range of industries, including consumer electronics, automotive, industrial, and communications sectors—an impressive array that showcases its diversified client base.

Kim Bolton favors Teradyne for its continued innovation and expansion into new markets. With the growing demand for automation, particularly in the wake of labor shortages and the push for higher efficiency, Teradyne's automation solutions have never been more relevant. This dual focus on testing and automation provides a balanced growth opportunity, ensuring that Teradyne remains a significant player in both established and emerging tech markets.

Dassault Systèmes (DASTY ADR): Innovating with 3D Experience

Dassault Systèmes SE, a French multinational software company, has built a formidable reputation as a leader in providing software solutions for a wide range of industries. The company’s offerings include SOLIDWORKS for design, CATIA for engineering, and GEOVIA for natural resources management, among others. These tools are crucial for businesses that need to innovate and improve the efficiency of their product development processes.

Dassault Systèmes recently launched SOLIDWORKS 2024, introducing enhanced functionalities that are designed to streamline product development. Additionally, the company announced a significant leadership change: Pascal Daloz will take over as CEO starting January 1, 2024. These changes, along with a 12% increase in quarterly earnings, demonstrate Dassault's ability to adapt and grow.

For Bolton, Dassault Systèmes represents a compelling investment opportunity, given its strong position in the software industry and its consistent focus on innovation. The company’s ability to cater to multiple industries—automotive, aerospace, consumer goods, healthcare, and more—provides a diversified revenue stream. This resilience makes Dassault a standout pick in today’s technology-driven market.

Hyundai Motor Company (HYMTF ADR): Accelerating the Future of Mobility

Hyundai Motor Company, headquartered in Seoul, South Korea, is one of the world’s leading automakers. With a presence in over 200 countries, Hyundai has built a global reputation for producing high-quality vehicles across various segments, including sedans, SUVs, and electric vehicles (EVs) under the Hyundai, Genesis, and IONIQ brands.

Hyundai has also made substantial investments in sustainable mobility. The company aims to sell one million electric vehicles annually by 2030, targeting an 8-10% market share in the global EV market. Beyond EVs, Hyundai is a pioneer in hydrogen fuel cell technology, positioning itself at the forefront of clean energy mobility solutions.

Hyundai's strategic acquisition of Boston Dynamics in 2020 highlights its ambition to lead not only in the automotive sector but also in robotics. The company is leveraging Boston Dynamics’ technology for industrial automation and exploring innovative applications in mobility, healthcare, and smart cities. This diversification adds another dimension to Hyundai's growth story, placing it well ahead in the future of mobility and robotics.

Kim Bolton appreciates Hyundai's commitment to innovation and its proactive approach to future mobility trends. The company's broad portfolio, from traditional internal combustion vehicles to electric and hydrogen-powered cars, and its foray into robotics, provide a diversified growth path. Hyundai’s efforts to integrate robotics and clean mobility make it a solid choice for investors looking to capitalize on the next big shift in automotive and automation technologies.

Navigating the Current Market with Black Swan Dexteritas

The current market environment is a complex mix of risks and opportunities. Inflation is easing, central banks are supportive, and market internals are strong. Yet, geopolitical risks and lofty valuations keep investors on edge. In such times, a balanced approach is crucial—one that seeks growth but remains mindful of potential risks.

Kim Bolton’s strategy with the BSD Global Tech Hedge Fund and Separately Managed Accounts is centered around selecting high-quality technology stocks with significant long-term potential while managing risk through a hedging overlay. This strategy allows for upside participation during bullish markets while providing a safety net during bearish phases.

As Bolton mentions, the strategy involves trimming positions that have reached their intrinsic values and adding to those with longer, more lucrative investment runways. This disciplined approach ensures that the portfolio remains optimized, adjusting to the evolving market landscape without chasing unsustainable trends.

Conclusion: A Forward-Looking Perspective

Kim Bolton’s top picks for October 2024—Teradyne, Dassault Systèmes, and Hyundai Motor Company—represent a strategic bet on the future of technology, automation, and sustainable mobility. Each of these companies is a leader in its respective field, with strong fundamentals and a clear vision for growth. Despite the complex macroeconomic backdrop, these stocks are well-positioned to capitalize on the key trends shaping the future of technology and industry.

In an environment fraught with geopolitical risks and economic uncertainty, Bolton's balanced approach—combining strategic stock selection with hedging—offers a robust way to navigate the markets. By focusing on quality and innovation, these top picks provide a promising opportunity for investors looking to benefit from long-term trends in technology and mobility.

Disclaimer

This report should not be viewed as investment advice or as an offer to buy or sell any securities or as an invitation or solicitation of an offer to buy or sell any securities. Neither the author of this report, its publisher, nor any other person associated with the publication of this report, are registered brokers, investment dealers, investment advisers, or financial advisers. The information in this report has not been tailored to the particular needs or circumstances of readers and should not be relied upon as investment advice or recommendations to purchase or sell any of the securities presented in this report. Readers seeking investment advice should contact qualified and registered brokers, investment dealers, investment advisers, or financial advisers prior to making any decision to buy or sell any of the securities referred to in this report. The information in this report should not be construed as investment, legal, or tax advice. No recommendation is made as to whether an investment in the presented securities is suitable for any reader in light of the reader’s particular circumstances.

Readers are cautioned that the publisher of this report covers exclusively securities that carry a high degree of volatility. Investing in such securities is highly speculative and carries a high degree of risk. Investors in such securities could lose all or a substantial portion of their investment. Only those investors who can afford to lose all or a substantial portion of their investment should consider investing in the securities referred to in this report.

This report may include information obtained from publicly available sources, including third-party reports or analysis. Neither the author nor publisher of this report, nor www.juniorstocks.com or its owners, have undertaken any independent investigation into the factual information used in this report, and the information in this report is provided without any warranty of any kind. No representations or warranties are provided regarding the accuracy or completeness of the information provided in this report. Statements of opinion or belief are those of the authors and/or publisher of this report. These statements of opinion or belief are expressions of the author’s and/or publisher’s judgment, and there is no guarantee that those judgments will turn out to be correct. No inference should be drawn that the author and/or publisher have any special or greater knowledge about the presented companies or their securities, or any particular expertise in the industries or markets in which the company operates. Readers should conduct their own due diligence and seek professional advice prior to investing in any securities presented on Juniorstocks.com.

Certain statements in this report constitute “forward-looking” statements. Forward-looking statements often, but not always, are identified by the use of words such as “seek,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” “targeting,” and “intend” and statements that an event or result “may,” “will,” “should,” “could,” or “might” occur or be achieved and other similar expressions. Forward-looking statements express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance; they are not statements of historical facts and should not be viewed as any guarantee of any future result. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. The author and/or publisher of this report disclaims any obligation to update the forward-looking statements in this report, whether as a result of new information, future events, or results or otherwise. There is no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to applicable law or regulation, or would subject the author or publisher of this report to any registration requirement in such jurisdiction or country.

Information about the editor of this publication:
Juniorstocks.com is a service provided by Piccadilly Capital Group, Office 66, 101 Clapham High Street, London, SW4 7TB, UK. Piccadilly Capital Group is not the publisher of this report and was not paid for the publication of this report. Piccadilly Capital Group seeks to generate web traffic and a growing number of followers through the publication of articles or reports. Directors, officers, and other insiders of the publisher own an interest in Piccadilly Capital Group. Piccadilly Capital Group does not endorse or recommend the business, products, services, or securities of any company mentioned on www.juniorstocks.com. Piccadilly Capital Group will not share your information with any outside third parties. Due to the new data protection basic regulation, we ask you to read our data protection declaration carefully.

Note on copyright:
The contents published on this website and on connected media (e.g., e-mail, X, Facebook) are subject to applicable copyright and ancillary copyright laws. Any use not permitted by applicable copyright and ancillary copyright laws requires the prior written consent of the provider or the respective rights holder. In particular, this applies to the duplication, editing, translation, storage, processing, or reproduction of content in databases or other electronic media and systems. Contents and rights of third parties are marked as such. Unauthorized reproduction or transmission of individual contents or complete pages is not permitted and is punishable by law. Only the production of copies and downloads for personal, private, and non-commercial use is permitted. Links to the provider's website are always welcome and do not require the consent of the provider of the website. Photos and images on the website may not be shared unless the publisher itself has acquired the initial rights from authorized sources. The presentation of this website in external frames is only allowed with written permission. If you notice any violations, please inform us. Please note: The content of our articles, emails, or other publications or social networks such as X, LinkedIn or Facebook is exclusively intended for the designated addressee(s). If you are not the addressee of these articles, emails, or other publications in the market letter or social networks such as Twitter or Facebook or his or her legal representative, please note that any form of publication, reproduction, or distribution of the content of these articles, emails, or other publications in the market letter or social networks such as X, LinkedIn or Facebook is prohibited. Falsifications of the original content of this message during data transmission cannot be excluded in principle.