Introducing the Agentic Winners 25

We have built the large strategic multi-year indices — Rubin Build-Out 100, Euro-AI Sovereign 50, HALO 50. Now we complement them with smaller tactical indices suited for trading horizons of six months. The Closelook Agentic Winners 25 is the first.

25 names across 7 sectors: MAG7 Gateway (MSFT, GOOGL, AAPL), Platform (SAP, NOW, CRM, WDAY), Toll Booth (NET, DDOG, CRWD, TWLO, OKTA), Neocloud/Edge (DOCN, FSLY, QCOM), Data/Search (SNOW, MDB, ESTC), Vertical (VEEV, INTU, PTC, CSGP, IOT), Commerce + Orchestration (SHOP, PLTR).

The thesis: at some point in H1 2026, all the negatives get priced into enterprise software. The stocks that form a base will be the first-generation agentic winners — the platforms agents cannot operate without.

The current chart picture tells an early story. PLTR shows relative strength — the strongest AI software stock during the upmove, holding its ascending long-term trendline while the sector sells off. Expected to lead the next cycle. MSFT is at a critical multi-year support zone near $356, showing no sign of a floor yet. IGV, the broad software ETF, is approaching a potential double bottom near $73–76 — the same level we flagged in February.

The practical test we are watching: when NDX drops 2%, does this basket drop 3% (fear dominates, beta-amplified selling) or 1.5% (strategic accumulation absorbing selling pressure)? As long as the group underperforms on down days, the AI disruption fear narrative is in control. The regime shifts when the group starts dropping less than the index on selloff days and recovering faster on bounce days.

The combination signal: Rubin Build-Out pauses or consolidates as the infrastructure capex cycle matures, while software names begin showing relative outperformance — double bottoms forming on long-term charts, support zones holding where they previously broke. Price action shows before news.

We will publish 7 sector sub-index charts and beta-adjusted relative strength data as the AW25 tracking goes live.