Daniel Pronk: Stock Picks & Accuracy

The YouTuber believes Amazon is one of the best buys in the market, noting that the premium for hyperscalers like Amazon has largely disappeared. He highlights that the Magnificent 7, including Amazon, are projected to grow earnings twice as fast as the S&P 500 while trading at similar price multiples, indicating undervaluation.

“This chart really backs up why Amazon and Meta have been some of my largest buys over the past year and why Amazon has become the second largest position in my portfolio at around 10% now.” — ▶ 7:00

The YouTuber argues Amazon is an attractive long-term buy due to its current undervaluation based on price-to-operating cash flow multiples, which are below historical averages despite accelerating growth in high-margin segments like AWS, advertising, and subscriptions. He highlights the significant potential from its chips business, LEO satellite project, and AI integration, which are driving profitability and future cash flow growth. He also counters common bear arguments regarding past stock performance and PE ratio by emphasizing the company's fundamental growth and reinvestment strategy.

“Amazon is now the second largest position in my portfolio at around 10% of my total portfolio, and I believe that this stock is simply undervalued and a very low risk reward over the longer term.” — ▶ 20:00

The YouTuber is actively buying Amazon, viewing it as an undervalued 'ETF' of high-growth industries like chips, cloud, AI, and advertising. He highlights Amazon's potential in selling its AI chips to third parties, which could significantly boost revenue, and notes that the stock's current valuation (17x operating cash flow) is below historical averages despite strong underlying fundamental growth and acceleration in its various business segments. He projects a 19% annual compound growth rate based on a conservative DCF model.

“Amazon has a massive chips business that could be doing $50 billion in annualized revenue if they were selling to third parties. But since they're renting them out in house, their annualized revenue is about 20 billion. but it grew 40% quarter over-arter and it's more than doubling on a year-over-year basis as well.” — ▶ 6:00

The YouTuber favors investing in companies like Amazon that provide the infrastructure for artificial intelligence, rather than the AI model companies themselves. They view these infrastructure providers as 'utilities for AI,' suggesting a more stable and predictable growth trajectory compared to the highly competitive and commoditizing LLM space.

“That's also why I have chosen to invest in kind of the infrastructure layer like Amazon and um Tasmea which I recently shared on my channel because they're building out the actual infrastructure for artificial intelligence and they're kind of like the utility for AI.” — ▶ 12:50

The YouTuber believes Amazon is undervalued, trading at a price to operating cash flow of 17.8x, which is on the low end of its historical range and cheaper than its 2020 crash valuation. He notes accelerating operating cash flow and revenue growth, with a DCF suggesting a 19% CAGR over the next three years and a fair value of $390.

“I do believe that Amazon is also looking undervalued in the market. And I've actually purchased more Meta and Amazon shares in the market today as you watch this video.” — ▶ 12:40

The YouTuber significantly increased his Amazon position after strong Q1 earnings, citing accelerating revenue growth across multiple segments including AWS, advertising, and third-party services. He highlights the massive and rapidly growing chips business within Amazon, which he believes is undervalued by the market. Despite being at all-time highs, the stock's price-to-operating cash flow multiple is below its historical average, and DCF analysis suggests it is still undervalued, especially given its history of free cash flow exploding after capex cycles.

“I think that Amazon is surprisingly one of the ways to still get access and exposure to the chips industry and all of the demand that the chips industry is seeing at a very fair price.” — ▶ 17:00

The YouTuber is adding to Amazon (AMZN) despite it trading near all-time highs, believing it is still undervalued relative to its fundamentals and future outlook. He points to Amazon's significant investment in Anthropic, the massive AWS capacity commitment from Anthropic, and the potential for Amazon's Graviton CPU chips to benefit from an industry-wide CPU shortage, especially with the rise of Agentic AI. His DCF analysis, even with conservative growth estimates, suggests undervaluation.

“I do believe that Amazon's stock is still offering value relative to the company's fundamentals and its future outlook.” — ▶ 14:00

The YouTuber is bullish on Amazon, believing it is still undervalued despite recent gains. He highlights the new Amazon Leo satellite network, especially its partnership with Apple, as a significant future revenue stream, projecting $20 billion annually by 2030. He sees this as a game-changer for connectivity in remote areas and a testament to Amazon's innovation.

“But at the end of the day, I do still believe that Amazon is trading below fair value. And I surprisingly think that it's still kind of cheap here. Maybe not the cheapest stock in the market, but I do think that it is still undervalued and selling below fair value. So, I may even pick up some more Amazon shares right near all-time highs.” — ▶ Watch clip

The YouTuber is buying Amazon, believing it is undervalued despite recent strength. He highlights the explosive growth of Anthropic, which uses AWS's Tranium chips and data centers, directly benefiting Amazon's cloud business. He also points to AWS's growing backlog, indicating strong demand, and notes that Amazon's fundamentals have outpaced its share price over the last five years, leading to low current multiples and an accelerated growth outlook.

“I personally think that Amazon stock is looking undervalued in the market right now.” — ▶ 24:50

The YouTuber is buying Amazon stock, believing it is undervalued. He argues that the market is misinterpreting Amazon's large capital expenditures, which are actually in response to massive demand for AWS and are expected to generate high returns. He also highlights the company's strong operating cash flow growth and a current price-to-operating-cash-flow multiple that is significantly below its historical average, suggesting a compelling valuation.

“for all of these reasons, I do think that Amazon is looking undervalued in the market today. It is pretty dang clear, at least to me, that the capex is going to pay off and the demand is there. They're just trying to capitalize on it.” — ▶ 26:00

The YouTuber believes Amazon is looking attractive after a 10% post-earnings drop, trading at its lowest price-to-operating-cash-flow multiple since 2009. Despite concerns about high capex and potential free cash flow negativity in 2026, he highlights accelerating revenue growth in AWS, advertising, and subscription services, and strong demand for their custom chips. He argues that focusing on operating cash flow growth (currently 20% year-over-year) is more appropriate than free cash flow given the heavy investments, and a DCF analysis suggests significant upside.

“So, I'm probably going to end up adding to my Amazon position if the share price does remain down and I can get more cash in my accounts because I've deployed a lot of cash recently.” — ▶ 20:00

The YouTuber believes Amazon stock is attractive due to its accelerating AWS revenue growth, successful product launches like Graviton and Tranium chips, and strong advertising revenue with high operating margins. He notes the stock is trading below its historical price-to-operating cash flow average and a DCF analysis suggests a fair value significantly above the current price, indicating it's undervalued.

“overall, I personally think that Amazon stock is looking pretty attractive right here. And an 18.5 priced operating cash flow for this business, I think again is quite fair.” — ▶ 10:50

The YouTuber is holding Amazon stock, citing its strong long-term compounding potential due to diverse business units like AWS and advertising, which are showing re-accelerated growth. While acknowledging concerns about deferred income taxes boosting current operating cash flow and suppressed AWS operating margins, he believes the company's significant investments in capex and its lean operational strategy will drive future profit margin expansion and maintain its competitive moat.

“So for me, Amazon is a hold right now and I am not actively buying more shares. This is because Amazon is trading for all-time highs and its price to operating cash flow is around 20, which I do think is right around fair value for this business relative to its growth and what I think the growth will be going forward.” — ▶ 16:00

The YouTuber, an Amazon shareholder, views the stock as fairly valued at its current price-to-operating-cash-flow of 18, which is below its historical average but justified by its larger base and expected 12% operating cash flow growth. He acknowledges AWS's slower growth and margin contraction but highlights strong performance in advertising and North American segments, and Amazon's aggressive capex spending without buybacks or dividends as a competitive advantage.

“I don't think that it was a blowout quarter. You know, I'm not rushing out to buy more Amazon shares right now. And honestly, I'm not really interested in buying Amazon shares right now because I do think the business is selling for around fair value.” — ▶ 40:00

The YouTuber anticipates Amazon might lower its Q2 2025 profit guidance due to increased inventory purchases ahead of new tariffs. He views any resulting stock dip as a buying opportunity, believing the long-term business impact will be minimal and that Amazon is currently selling at the largest discount among the Magnificent 7 stocks.

“So, if Amazon does report or lower its guidance, its profit guidance for the second quarter tomorrow after it reports, then I'm definitely going to be looking for a potential dip and buying into any weakness that we do see.” — ▶ 18:30

The YouTuber is actively buying Amazon due to its current valuation, trading at a price-to-operating cash flow multiple of 15.77, which is near a 15-year low. He highlights Amazon's strong growth in AI and AWS, and its long-term investments in Project Kuiper, believing these will drive future profitability despite high current capital expenditures.

“So for some reason the market is pricing Amazon stock incredibly low right now and I am taking advantage of this. I am someone who is very bullish on the long-term potential of Amazon's business.” — ▶ 22:00

The YouTuber plans to add to his Amazon position if the stock continues to fall due to the new tariffs. He believes the company would significantly benefit from acquiring TikTok, gaining substantial ad revenue, strengthening its online advertising position, and seamlessly integrating with its e-commerce platform, which would also counter TikTok Shop's growing influence.

“if the selling continues then the top stocks that I am looking to add tomorrow are Amazon” — ▶ 4:00

The YouTuber is adding to his Amazon position, viewing it as cheap relative to its historical price-to-operating cash flow multiple of 27, currently trading at 18. He also believes Amazon has a stronger moat and more certain long-term growth prospects compared to Google, especially given the potential disruption to Google's search business from AI.

“I actually think that Amazon is looking the cheapest despite it selling for a higher price to operate in cash flow multiple than Google and let me kind of explain this Amazon's historical average price to operating cash flow is around 27 whereas Google's is around 18 now again Google is selling for a 16 price multiple today and Amazon is at 18 so Amazon is well below the company's historical average price to operating cash flow whereas Google is only about 10% below its historical average so relative to these company's historical average multiples Amazon is selling significantly below personally I also think that Amazon's is stronger than Google's and I think that Amazon is more set up over the long term to see operating cash flows grow” — ▶ 11:30

The YouTuber is actively buying Amazon, especially after its recent 14% correction. The thesis is driven by the strong compounding growth of its highly profitable segments (third-party seller services, AWS, advertising), which are expanding profit margins as they constitute a larger portion of total revenue. Amazon's price to operating cash flow is currently around 19, well below its historical average of 26.6, making it one of the cheapest valuations since 2010.

“I just think that Amazon is almost like a no-brainer that it's going to continue growing over the long term so for me personally then it just becomes a question of what is the right price for Amazon and personally I think that around a 19 times operating cash flow price is very fair for this business.” — ▶ 49:50

The YouTuber is holding Amazon stock, stating that while the recent earnings report had some weaknesses like soft Q1 guidance and decelerating growth in some segments, the overall performance was decent. He believes the stock is fairly valued based on its price-to-operating cash flow ratio being below its historical average and the strong growth and expanding margins of AWS, which is a significant profit driver for the company.

“for me personally right now it's a hold and I do think that Amazon is selling for around fair value based on my DCF it could maybe compound at about 11 to 12% annually going forward if the business can continue to grow profits but that's not like Drop Dead I got to go and buy more shares today” — ▶ 20:00

The YouTuber indicates he would be more compelled to increase his position in Amazon if the stock price were to come down further. He views the current valuation as fair but not compelling enough to add more shares immediately, given his existing position.

“if Amazon stock does come down more though then I would be much more compelled to increase my position” — ▶ 20:20

The YouTuber maintains his conviction that Amazon is the cheapest of the Magnificent Seven stocks, highlighting its leadership in robotics and AI, with over 750,000 mobile robots deployed globally. He also notes Amazon's growing efforts in the gaming industry. From a valuation perspective, he points out that Amazon's price-to-operating cash flow ratio of 17.7 is significantly below its long-term average of 26.7, a level last seen after the Great Recession. He believes Amazon's cash flows and profitability will continue to grow as margins expand from its highly profitable segments.

“Amazon is a very high quality business with one of the best Moes in the world trading for a pretty low price to operating cash flow ratio relative to its historical averages and even relative to the rest of the Magnificent 7” — ▶ 46:40

The YouTuber believes Amazon is currently more attractive than Google and considers it the cheapest Magnificent Seven stock, arguing it is arguably undervalued in the market. He considered selling Google to buy more Amazon before earnings.

“I think that Amazon is the cheapest Magnificent Seven stock in the market and I do think that Amazon is actually looking arguably undervalued in the market” — ▶ 16:20

The YouTuber is more bullish on Amazon and is considering rotating funds from Google into Amazon. He highlights that Amazon's price-to-operating cash flow is currently trading about 30% below its historical average, unlike Google. Furthermore, Amazon's recent stock price returns have been driven by strong fundamental growth (82.5% operating cash flow growth over 18 months) rather than just multiple expansion.

“I was actually thinking of maybe triming some Google and throwing it into Amazon I'm actually more bullish on Amazon as well.” — ▶ 4:40

The YouTuber argues Amazon remains undervalued despite hitting new all-time highs, primarily due to its exploding operating cash flow. Trading at a price-to-operating cash flow of 20.9, it is still 30% below its long-term average of 27.7. Even with conservative 10% annual operating cash flow growth estimates, the stock is projected to deliver market-beating returns, suggesting its current valuation does not fully reflect its growth potential.

“Amazon is still trading well below its historical average price ratios and the business looks like it is only going to continue growing its operating cash flows going forward” — ▶ 25:50

The YouTuber is buying Constellation Software, citing its current price to free cash flow of 15, which is the lowest in over a decade despite strong revenue and free cash flow growth of 20% annually. He highlights the company's unique management culture with zero stock-based compensation and no share dilution since its IPO, making it a high-quality software stock he believes is undervalued and resilient to AI disruption.

“So this company is one of the ones where I don't think it's going to be disrupted by artificial intelligence. I think that its price is very low today and I think that it will continue to compound its underlying fundamentals over the longer term and for all of these reasons this is one of the top software stocks that I have continued to buy in the market.” — ▶ 11:40

The YouTuber is buying Constellation Software, believing it will be a net beneficiary of AI, not disrupted by it. He highlights its business model of acquiring niche vertical market software companies, which are sticky and essential to customers. Despite a 50% stock drop, it trades at 15x free cash flow while growing over 20%, with strong management, zero dilution, and increasing acquisition opportunities due to less competition in the software market.

“It's selling for a low multiple of only 15 times cash flow while still growing over 20%. And I think that over the long term the market will finally differentiate between the software companies that are being disrupted and are not being disrupted.” — ▶ 38:50

The YouTuber believes Constellation Software is undervalued, trading at 15 times free cash flow, significantly below its historical median of 25.2, despite compounding revenue and free cash flow by over 20% annually. He argues the market's AI disruption fears are unfounded for vertical market software companies like Constellation, which are deeply embedded in customer workflows and are actually benefiting from AI, allowing them to acquire more companies at attractive valuations.

“So, personally, I do think that Constellation Software stock is looking undervalued in the market today, and I have been a buyer on the way down.” — ▶ 34:50

The YouTuber believes Constellation Software and its family of stocks (Topicus, Lumine Group) will benefit from AI rather than be disrupted. He argues that AI's usefulness in enterprise software is maximized when combined with proprietary data and existing software infrastructure, which Constellation Software possesses. The company's domain expertise, sales channels, and large coder base make it well-positioned to leverage AI for creating better software.

“All of these reasons are also why I think Constellation Software and its family of stocks will benefit from artificial intelligence and not be disrupted by it.” — ▶ 27:00

The YouTuber is actively buying Constellation Software, noting its current trading multiple of below 15 times free cash flow, which he considers extremely cheap given the indiscriminate selling in the software sector. He argues that Constellation is immune to AI disruption and is actively benefiting from it by leveraging AI to build new products and agents for its software, as evidenced by new contracts and product announcements. Fundamentals are strong, with revenue and free cash flow hitting all-time highs and growth rates above 20%. A conservative DCF suggests a fair value 76% above current prices.

“I genuinely thought I would never see this price for Constellation Software again. And it wasn't even a year ago that the stock was trading for $5,200 per share.” — ▶ 39:00

The YouTuber considers Constellation Software a high-quality business with excellent management, trading at its lowest multiple (16x free cash flow) since 2015 despite 20% annual revenue growth and 27% operating cash flow growth. He believes its vertical market software model provides a strong moat against AI disruption, and the current AI-induced sell-off presents a compelling buying opportunity.

“So for a 16 price to free cash flow for 20% annual growth I think this business is offering a very compelling price especially when I believe that the true AI disruption risk to this business is quite low.” — ▶ 50:00

The YouTuber is actively buying Constellation Software, noting its 35% drawdown from all-time highs has brought its price-to-free cash flow multiple below its historical average to around 19-20. Despite market fears of AI disruption, the company's fundamentals remain strong, with revenue up 16% and free cash flow up 46% year-over-year, suggesting the investment thesis is intact and the stock is undervalued.

“I am actively buying this stock again in the market for the first time since 2022 because I believe that a 20 price to free cash flow, it's actually at 19 now is extremely fair for a company that is continuing to grow its top line by 16% and its bottom line by an even faster rate.” — ▶ Watch clip

The YouTuber is invested in Brookfield Asset Management due to massive global infrastructure funding needs, particularly in power, where Brookfield has leadership positions in data centers and renewable energy. He agrees with Brookfield's assessment that AI adoption creates significant tailwinds for their physical infrastructure assets, which are becoming increasingly valuable. The company also projects 20% annual growth for the next five years.

“As AI adoption accelerates, Brookfield's marketleading position and a very large portion of our assets become increasingly valuable.” — ▶ 15:40

The YouTuber is buying Brookfield Asset Management, his favorite asset manager, due to its focus on essential physical assets and significant tailwinds from global infrastructure buildout. He notes the company's projection of 20% annual earnings growth over the next five years and a 4% dividend yield with 15% annual growth. His conservative DCF model still suggests a 16% compounded annual growth rate, indicating undervaluation even with pessimistic assumptions.

“And getting a 4% going in dividend yield plus 15% annual dividend growth is very rare in the market. You don't typically see that level of yield plus that level of growth.” — ▶ 30:50

The YouTuber has rotated a significant portion of capital from Brookfield Corporation into Brookfield Asset Management. He argues that BAM has a better, more consistent track record, stronger execution, and offers more value. BAM is on track to meet or beat its targets, is less complex, pays a higher dividend, and is growing faster, making it a more attractive investment with higher return potential, especially given its current valuation below historical averages.

“Brookfield Asset Management has a better, more consistent track record, stronger execution, and I believe is offering more value.” — ▶ 00:01:40

The YouTuber is actively buying Brookfield Asset Management, citing the CEO's strong guidance for over 20% growth in 2026, driven by accelerating fundraising and demand for infrastructure assets. The company's focus on real assets like energy infrastructure positions it as an 'AI winner' as energy becomes a bottleneck, and its current valuation is below historical averages.

“So for me, I think that Brookfield Asset Management is going to continue seeing tailwinds for years to come. And I think that this business is eventually going to become clear in the market that they are an AI winner, an AI beneficiary, and their assets are going to increase in value as energy bottlenecks continue.” — ▶ Watch clip

The YouTuber is adding to Brookfield Asset Management (BAM) due to its current valuation, which he believes offers more value than BN. He highlights BAM's historically higher P/E multiple due to its clean business model, high fee-related earnings margin, and strong dividend growth prospects. Recent earnings reports and analyst targets suggest accelerated earnings growth, making his DCF analysis potentially conservative.

“So, I have trimmed down my BN position and rotated that capital into BAM. And now, let me explain why I have done so.” — ▶ 2:40

The YouTuber is considering re-adding Brookfield Asset Management (BAM) to his portfolio, noting it's down over 20% from its highs despite strong underlying fundamental growth and an increased earnings outlook of over 20% for 2026. He argues that market fears about private equity redemptions are misapplied to Brookfield's real asset focus, and its 4.6% dividend yield with projected 15% annual growth makes it very attractive.

“So, with that being said, I do believe that Brookfield Asset Management stock is undervalued in the market today and it is another stock that I am seriously considering adding back to my portfolio and potentially even selling off some of my BN stock for some BAM stock because I simply think that BAM is looking too attractive in the market right now.” — ▶ 30:00

The YouTuber is buying Brookfield Asset Management for his mother's retirement account, citing its record 2025 results, 15% dividend increase, and accelerating fee-related earnings (up 28% YoY). He emphasizes BAM's strong position to benefit from the AI infrastructure buildout, particularly in power and data centers, and notes the company's quietly increased 5-year earnings growth outlook to 20% annually. A DCF suggests a fair value 37% above current trading prices.

“So, in my opinion, Brookfield Asset Management is looking undervalued in the market right now. They're seeing accelerated growth. They're at the heart of this AI infrastructure buildout, which is clearly seeing much more demand with all of the hyperscalers increasing their capital expenditures for 2026.” — ▶ 27:50

The YouTuber sold Brookfield Asset Management (BAM) shares because he believes the stock price has run too far from its underlying fundamentals and expected future growth. He notes that BAM is trading at a P/E ratio of 40, which he considers too high for a business growing earnings at 9% annually, even with a projected 15% growth rate. His discounted cash flow analysis suggests a low compounded annual growth rate for shareholder value at the current price.

“at this price I think the future returns are just getting so freaking low and it's not what I want in my portfolio” — ▶ 22:00

The YouTuber believes Brookfield Asset Management (BAM) is currently fully priced and expensive, trading at 34 times earnings. Based on the company's own 5-year projections of 18% annual growth, the expected compounded annual growth rate for shareholders is only about 10%, which is considered a market return. He explicitly states he is not buying more BAM shares at current valuations.

“I think that it's time now for me to update you guys with my thoughts and try to be as objective as possible and tell you bam is expensive today I'm definitely not buying more bam today.” — ▶ 20:00

The YouTuber 'nibbled' on more shares of Brookfield Asset Management after its earnings report, despite believing it's trading at the higher end of its fair value. He considers it a phenomenal business with strong projected growth and the best dividend growth stock in the market, offering a 3.9% yield with 15-20% annual dividend growth projections. He notes its enterprise value to earnings is about 25.

“I did nibble on some more shares after the company reported its earnings because the stock did fall quite a bit and overall I think that over the long term this is still an attractive price to pay for Brookfield asset management” — ▶ 31:30

The YouTuber believes Microsoft is one of the best businesses globally, trading below 20 times forward earnings, which is below the S&P 500. He implies that the Magnificent 7, including Microsoft, are projected to grow earnings twice as fast as the S&P 500 while trading at similar price multiples, indicating undervaluation.

“Meta and Microsoft specifically still trade below 20 times forward earnings, which is below the S&P 500. And I believe that they are some of the best businesses in the world.” — ▶ 6:29

The YouTuber believes Microsoft is undervalued due to market bearishness on AI, software, and hyperscaler spending, despite strong underlying business fundamentals. He argues that the company's operating cash flow is growing, revenue is compounding, and valuation metrics like price-to-operating cash flow and forward P/E are near decade lows, suggesting significant upside potential.

“Overall, I do think that Microsoft is looking very undervalued and very very cheap right now.” — ▶ Watch clip

While acknowledging Bill Ackman's view that Microsoft is undervalued, the YouTuber personally avoids it, preferring Amazon and Meta. He notes Microsoft's stock has been flat for over two years despite strong fundamentals and compressing multiples, but he has concerns about its AI rollout and prefers the business breakup of Amazon and the greater undervaluation of Meta.

“I don't have Microsoft in my portfolio right now because I personally believe that Amazon and Meta are actually cheaper than Microsoft and I think that they are more exposed.” — ▶ 16:40

The YouTuber identifies Microsoft as a potential buying opportunity, believing it to be one of many stocks with strong fundamentals that have been 'left behind' by the market's focus on AI and semiconductors. He suggests that despite the S&P 500 being at all-time highs, there is significant value in such overlooked companies.

“Just take a look at Skyward. Take a look at BAM. Take a look at Mastercard Visa Microsoft even Nvidia. Arguably, Marcato, Libre, New Bank, Meta, Brookfield Corporation, KKR, Apollo.” — ▶ 40:40

The YouTuber believes Microsoft is undervalued due to a 32% correction from its highs, driven by negative sentiment around OpenAI and Copilot. Despite these concerns, Microsoft's cloud business is growing strongly, operating cash flow margins are expanding, and its valuation multiples are below historical averages. However, he is not buying it currently as he is prioritizing other positions.

“So overall, I do think that there is a lot of negative sentiment towards Microsoft stock right now, which again is funny to me because this was the darling of the stock market in 2025.” — ▶ 16:00

The YouTuber suggests Microsoft is on the expensive end, aligning with Howard Marks' view that many US stocks are overvalued. He implies that investors are paying high prices for quality companies without sufficient regard for valuation.

“I think Microsoft is on the expensive end.” — ▶ 32:55

The YouTuber believes Microsoft is currently overvalued, trading at a high price-to-operating-cash-flow ratio of 29, which is near its historical peak before a significant market correction. While acknowledging the company's strong performance and leadership in AI and cloud, he finds better value and upside potential in international small and mid-cap stocks.

“I don't necessarily think that Microsoft's stock is looking cheap today. I personally think that it is selling above fair value right now and I'm not really interested in buying this stock here.” — ▶ 14:00

The YouTuber views Microsoft as trading around fair value, not offering a significant discount compared to its historical average price-to-operating cash flow (22.4x vs 23.6x). While acknowledging strong earnings and growth, particularly in Azure, he is not interested in buying at current prices due to better value opportunities elsewhere.

“So, personally, I'm not too interested in Microsoft at its current price. It did have a very strong earnings report. The numbers were incredible, but it's just not offering as much value as a stock like Meta, Google, or Amazon.” — ▶ 16:40

The YouTuber finds Microsoft increasingly attractive at lower prices and would consider starting a position if the stock drops to around $350. This indicates a belief in the company's long-term value at a more favorable entry point.

“I also think that Microsoft starts to look extremely interesting around $350 so if it gets there then I will be considering starting a position in that stock as well” — ▶ 4:18

The YouTuber believes Microsoft is currently trading around its fair value based on its price-to-operating cash flow multiple of 23, suggesting it is neither a strong buy nor a strong sell at current levels.

“Microsoft I think is now selling around fair value” — ▶ 11:00

The YouTuber argues that Microsoft stock is currently overvalued, trading at a price-to-operating cash flow ratio of 26.26, which is 30% above its historical average of 20. He highlights that despite strong fundamental growth, high valuations can lead to underperformance, citing a historical example from 1999-2009 where Microsoft's stock price fell significantly while its fundamentals grew. He projects that even with 12% annual operating profit growth, the stock's high valuation could limit future share price appreciation to about 7% annually, making it an unattractive investment at current prices.

“I do think that Microsoft is getting to a point right now where its price multiples are getting to that very high point and it is pricing in a lot of future growth and if the multiples do end up contracting in the future then that contraction of price multiple could offset underlying fundamental growth to the business and ultimately result in the share price not doing much or maybe even producing negative returns over the next 5 to 10 years.” — ▶ 15:00

The YouTuber argues that Microsoft stock is currently overvalued, trading at a price-to-free cash flow multiple of nearly 40, which is historically high and comparable to the dot-com bubble. He believes the stock is pricing in too much future growth, requiring free cash flow to double in five years just to achieve market-average returns. Despite strong business fundamentals, the stock is priced for perfection, making it unattractive for new investment.

“in my opinion Microsoft is actually still overpriced in the market and a basically 40 price multiple for Microsoft's business I do think is a significant premium to pay over the actual fundamental value of the business” — ▶ 10:00

The YouTuber considers Meta one of the best businesses in the world, trading below 20 times forward earnings, which is less than the S&P 500. He argues that the Magnificent 7, including Meta, are projected to grow earnings twice as fast as the S&P 500 while trading at similar price multiples, suggesting they are undervalued.

“Meta and Microsoft specifically still trade below 20 times forward earnings, which is below the S&P 500. And I believe that they are some of the best businesses in the world.” — ▶ 6:29

The YouTuber is actively buying Meta, believing its current low valuation (18x forward earnings, 11.8x operating cash flow) already prices in risks like low employee morale and legal battles. He argues that Meta is a high-quality business with a strong moat and vast resources, and its underlying fundamentals are growing and accelerating despite negative sentiment. He expects multiple expansion if sentiment improves, alongside continued fundamental growth.

“I think the negative sentiment and risks are actually priced into Meta stock already. And that's why I think that it is looking cheap and also why I am continuing to buy it because from here if sentiment improves then I think we will get multiple expansion at the same time as the underlying fundamentals will continue to grow.” — ▶ 17:50

The YouTuber agrees with Bill Ackman that Meta is ridiculously cheap, trading at 18.8x forward earnings, similar to its 2020 crash valuation, despite accelerating revenue growth. He highlights a price to operating cash flow of 12x, below historical averages, and a DCF analysis suggesting an 18.6% CAGR over the next 3 years with a fair value of $732.

“I agree with Bill Aman that Meta stock is looking ridiculously cheap in the market today.” — ▶ 10:00

The YouTuber continues to buy Meta (META) due to its perceived undervaluation and new monetization opportunities. He highlights the rollout of Meta Business Agents, an AI-powered tool for businesses on WhatsApp, Messenger, and Instagram, which is expected to become a significant, high-margin, recurring revenue stream. He argues that Meta's massive user base and distribution position it to win in the AI world, and even with conservative DCF assumptions (15% operating cash flow growth, 13x price to operating cash flow), the stock shows strong upside potential.

“I have continued to buy more shares of Meta on a consistent basis in the market because I think that this stock is also truly undervalued in the market today.” — ▶ 37:50

The YouTuber is buying Meta shares, believing the stock is undervalued. He highlights Meta's new subscription plans for Instagram, Facebook, and WhatsApp, which could generate billions in annual recurring revenue and diversify its business beyond advertising. He also notes the strong growth in business AI conversations and the potential for multiple expansion as Meta's internal capex spend yields high ROI, making its advertising business more efficient.

“And ultimately I think that the stock is undervalued and looking cheap today. So those are the new updates that I have to share on Meta after their subscription announcement and after their AGM and also why I am continuing to buy Meta actively in the market and I even purchased some more shares today.” — ▶ Watch clip

The YouTuber identifies Meta as a potential buying opportunity, believing it to be one of many stocks with strong fundamentals that have been 'left behind' by the market's focus on AI and semiconductors. He suggests that despite the S&P 500 being at all-time highs, there is significant value in such overlooked companies.

“Just take a look at Skyward. Take a look at BAM. Take a look at Mastercard Visa Microsoft even Nvidia. Arguably, Marcato, Libre, New Bank, Meta, Brookfield Corporation, KKR, Apollo.” — ▶ 40:40

The YouTuber believes Meta is undervalued after its Q1 earnings sell-off, arguing the market is overreacting to increased capex and short-term margin compression. Meta is showing strong top-line acceleration and gaining market share in digital advertising, suggesting its investments are paying off. The stock is trading below its historical average forward P/E and price-to-operating cash flow, making it an attractive long-term buy.

“In my opinion, Meta is one of the highest quality businesses in the entire world and it's now trading for below a 20 forward price to earnings ratio at the same time as the top line is projected to continue growing by over 20% annually.” — ▶ Watch clip

The YouTuber is buying Meta shares due to strong Q1 2026 earnings, including 33% revenue growth and 30% operating income growth, despite increased capex and a one-time tax benefit. He believes the core advertising business is accelerating, taking market share, and is undervalued based on his conservative discounted cash flow (DCF) analysis, which projects a 17% compounded annual growth rate.

“I think that it is a very highquality business that's accelerating and offering a discount in the market today. So yes, I have nibbled on some more shares and increased my position to Meta while the stock is down.” — ▶ 20:00

The YouTuber believes Meta is still undervalued and a strong buy, despite recent price appreciation. He emphasizes Mark Zuckerberg's vision for AI transforming Meta's advertising platform into an 'ultimate business results machine' and the future monetization of WhatsApp through AI agents for customer service and sales. He argues Meta's vast consumer data combined with generative AI capabilities will expand its moat and attract more ad spending.

“In my opinion, just personally, I do believe that Meta is still undervalued here. And that's really what it comes down to. I think it's a fantastic business. I think it's going to produce a market beating return going forward.” — ▶ Watch clip

The YouTuber is adding to his Meta position, viewing it as a clear beneficiary of artificial intelligence due to its vast distribution network (3.5 billion daily active users) and proprietary data. He notes accelerating revenue growth and market share gains in advertising, with analysts projecting significant future growth. Even a pessimistic DCF indicates a market-beating return.

“I simply think that Meta is one of the clearest beneficiaries of artificial intelligence.” — ▶ 15:08

The YouTuber is bullish on Meta, arguing that its heavy investments in AI make complete sense and will yield strong ROI. He highlights Meta's ability to generate video ads for customers, test them in real-time, and optimize for ROI, effectively lowering the barrier for video creation and expanding its moat as an advertiser. Meta's data and distribution give it a significant advantage in content creation coupled with ad automation.

“I've said this many times, but Meta is actually one of the companies where heavy investments in AI make complete sense and will result in strong ROI.” — ▶ 22:50

The YouTuber is actively buying Meta, believing the recent 15% correction is unwarranted given strong Q4 results and an accelerating revenue outlook (30% YoY growth expected in Q1). He highlights Meta's growing operating cash flows, successful AI investments (e.g., Instagram Reels engagement, Rayban Meta glasses sales), and potential for AI-driven content creation for advertisers. A DCF analysis suggests an 18% CAGR over 5 years with conservative growth estimates.

“So Meta is a stock that I am continuing to add to my portfolio and I'm trying to buy this one as consistently as I possibly can.” — ▶ 10:00

The YouTuber bought more Meta shares after its Q4 2025 earnings report, citing strong revenue growth (24% year-over-year, 30% projected for Q1 2026) and accelerating operating cash flow (up 28%). He believes the stock is still undervalued, trading at a price-to-operating cash flow multiple of around 16x, which is in line with its historical median, despite accelerating fundamentals. A DCF analysis suggests a fair value of $837 to $1100 per share.

“I also think the stock is still not looking expensive today even with that 9% boost in after hours trading and that is the main reason why I nibbled on some more shares right after they reported earnings and I saw that the stock was down.” — ▶ 20:00

The YouTuber is initiating a new position in Meta, viewing its recent sell-off after strong earnings as an attractive entry point. He notes Meta's accelerating revenue growth (26% in Q3), strong operating cash flows, and Mark Zuckerberg's commitment to significant capex in AI, which is already showing positive returns through improved ad conversion and user engagement. He believes the stock is undervalued based on its price-to-operating cash flow multiple compared to historical averages and a DCF analysis.

“But after seeing it continue to fall below $600 per share, it's at the point now where I'm like, 'All right, I think the risk-reward here on Meta is pretty impressive when they're seeing accelerated revenue growth.'” — ▶ 37:00

Despite Meta's strong earnings and reasonable price-to-operating-cash-flow ratio of 18.4, the YouTuber is avoiding the stock due to expected margin compression from accelerating costs over the next 18 months. He also admits the company is outside his circle of competence and he sees greater risk/reward in international markets.

“If Meta is not looking expensive today, then the question is why am I not a buyer? And I wrote down some notes here. So the first one is that I think investors should be aware as I said earlier on in the video that costs are expected to grow faster than revenue over the next about 18 months.” — ▶ 25:00

The YouTuber believes Meta is undervalued, trading below its historical average price-to-operating cash flow ratio (14.7x vs 16.7x). He projects 10% annual operating cash flow growth and 3% share buybacks, which could lead to a 14% compounded annual growth rate. Despite increased capex guidance, the business shows strong revenue growth and expanding profit margins.

“Therefore my conclusion is that Meta Stock is looking potentially undervalued in the stock market today if it can actually hit these growth rates in the DCF right here.” — ▶ 10:00

The YouTuber has taken a smaller position in Construction Partners Inc. at $95 per share, believing its 32% correction from recent highs is unjustified. He highlights the company's simple thesis of maintaining and building roadways in the Southern US, its increased guidance due to high demand, and its valuation at 12x trailing and 10x forward EBITDA, which is on the lower end of its historical range. The company projects to double its business by 2030.

“And full disclosure, I have taken on a smaller position in the stock at $95 per share yesterday because again, I don't think that the selling has been justified because the company in its most recent earnings report actually increased its guidance because they are seeing so much demand and they're executing so well.” — ▶ 22:20

The YouTuber is close to buying Construction Partners, citing its critical role in maintaining US infrastructure, recurring revenue from road maintenance, and strong acquisition-led growth strategy. The stock trades at 14.9 times trailing 12-month EBITDA, below its historical average of 17, and projects 19% annual EBITDA growth, suggesting significant undervaluation and a 17.5% CAGR over the next five years.

“So, I do think that there is an argument that Roadstock is looking undervalued in the market.” — ▶ 43:00

The YouTuber is actively researching Global E Online but has not yet bought it, despite its price to free cash flow of 23.2 being near its lowest ever. He notes strong revenue growth over 30% annually and exploding free cash flow, with low and non-growing stock-based compensation and share buybacks. He considers it interesting at its current price.

“But full disclosure, I do not own the stock in my portfolio, but it is one that I am actively researching and learning more about. But I have not pulled the trigger yet. But I think that it is looking interesting at its current price and that is why I wanted to add it to your watch list as well.” — ▶ 20:50

The analyst is highly bullish on MercadoLibre, actively buying it and considering it one of the cheapest stocks in the market. He notes that despite a 35% correction in the stock price, the underlying business fundamentals are strong, with revenue growing 49% year-over-year and hitting all-time highs.

“And in my opinion, I actually believe that Marcato Libre is one of the cheapest stocks in the entire stock market today.” — ▶ 52:50

The YouTuber is actively buying MercadoLibre, considering it massively undervalued after a 40% correction, despite its underlying business growing tremendously. He highlights its 49% compounded annual revenue growth, expanding market share in e-commerce, advertising, and fintech across Latin America, and a new partnership with YouTube. Insider buying activity further supports his conviction that the stock price is disconnected from its strong fundamentals and deepening moat.

“I continue to believe that Marcato Libre share price is completely disconnected from its underlying fundamentals right now. And I have no idea when this is going to change.” — ▶ 27:00

The YouTuber considers MercadoLibre a 'screaming buy' and one of the most undervalued stocks, agreeing with the SVP's view that the market underappreciates its growth potential. He highlights the company's diverse and rapidly growing businesses (e-commerce, fintech, credit, advertising), projecting it could become a $1 trillion company within a decade and grow revenues by over 20-30% annually even until 2032, even with suppressed margins.

“I have been saying for some time that I think Marcato Libre is one of the best buys in the market. It's one of the most undervalued stocks in the market in my own opinion.” — ▶ 35:50

The YouTuber continues to buy MercadoLibre (MELI), asserting it's one of the cheapest stocks in the market. He points to its dominant e-commerce market share in Mexico and Latin America with significant growth, accelerating high-margin advertising revenue (73% YoY growth, 80% operating margin), and a massive fintech platform comparable in size to Nubank. He argues a sum-of-the-parts valuation suggests the current $82 billion market cap is significantly undervalued, especially considering its long growth runway and analyst expectations for revenue to more than double in three years.

“I truly think that Marcato Libre is one of the cheapest stocks in the entire market right now. And I don't necessarily agree with the reasons why the market is trading it so low.” — ▶ 17:00

The YouTuber identifies MercadoLibre as a potential buying opportunity, believing it to be one of many stocks with strong fundamentals that have been 'left behind' by the market's focus on AI and semiconductors. He suggests that despite the S&P 500 being at all-time highs, there is significant value in such overlooked companies.

“Just take a look at Skyward. Take a look at BAM. Take a look at Mastercard Visa Microsoft even Nvidia. Arguably, Marcato, Libre, New Bank, Meta, Brookfield Corporation, KKR, Apollo.” — ▶ 40:40

The YouTuber views MercadoLibre as significantly undervalued after a post-earnings drop, despite its dominant e-commerce and fintech positions in Latin America and explosive growth in its advertising business. While short-term margin compression due to aggressive investment is a market concern, the YouTuber believes the long-term growth and potential for margin expansion make it a 'ridiculously cheap' stock.

“So over the longer term, if Marcato Libre can continue to see such strong revenue growth, maintain their marketleading positions across Latin America, expand their advertising business, and just continue growing overall, then eventually when they do expand their margins, the profits this business will see will be explosive.” — ▶ Watch clip

The YouTuber believes MercadoLibre is significantly undervalued, trading at approximately 12 times its underlying free cash flow potential if it were to cease aggressive growth investments. He argues that current margin compression is a strategic choice to capture long-term market share and that the company's investments are clearly paying off, leading to accelerating revenue growth and a strengthening competitive moat. He emphasizes that this is a long-term investment with decades of growth ahead, not suitable for short-term traders.

“I believe that Marcato Libre stock is very undervalued in the market today. If their investments can pay off and if long-term that free cash flow can be realized. That's really the investment thesis.” — ▶ 30:00

The YouTuber is consistently adding to Mercado Libre, believing it is very undervalued despite a 34% correction. He argues that the company's aggressive reinvestment in Latin America, while impacting short-term margins, is expanding its market dominance and long-term profit potential. He highlights strong growth in e-commerce market share, advertising revenue, and its fintech credit portfolio, with an underlying cash flow potential suggesting a very low valuation multiple.

“But, this is a stock that I would be happy to continue adding at this current share price because I truly do believe that long-term relative to this business's potential, it is very, very undervalued today.” — ▶ 44:00

The YouTuber is buying MercadoLibre due to its continued weakness, seeing it as an opportunity to acquire a high-quality business at a cheaper price. He believes the market is misjudging its long-term profit potential by focusing on short-term margins, while the company's investments are accelerating growth across its e-commerce, fintech, and ads segments, deepening its competitive moat. A pessimistic DCF still suggests significant upside.

“So overall, I think that Marcato Libre is an incredible business that is continuing to scale and take market share in every single region that they operate in.” — ▶ 14:00

The YouTuber is buying MercadoLibre (MELI) due to a significant disconnect between its strong fundamental growth and its recent stock price correction. He argues that the company's aggressive investments in free shipping, logistics, and its fintech platform are driving accelerated revenue growth and widening its competitive moat, despite short-term margin compression that the market is overreacting to. He estimates the stock is significantly undervalued, trading at a low multiple of its free cash flow potential and well below its historical price-to-gross-profit average.

“So to put it simply, yes, I am definitely buying the dip on Marcato Libre and I think that this is one of the most compelling stocks across the entire market right now.” — ▶ 30:00

The YouTuber is actively buying MercadoLibre, which is in a 22% correction, believing it offers significant value. He points to its record-high fundamentals, including 40% annual revenue growth, and its continued market share expansion in Brazil, evidenced by being the number one downloaded e-commerce app. A strategic move to lower shipping thresholds to gain market share, followed by fee increases, is expected to expand margins. A DCF analysis with conservative assumptions yields a fair value 59% above current prices.

“Marcato Libre is an absolutely fantastic, beautiful beast of a business. It's continuing to grow extremely well. Its fundamentals are at an all-time high. I think their margins are going to continue expanding in 2026 and the stock is in a 22% correction.” — ▶ 17:50

The YouTuber is consistently buying MercadoLibre shares as the stock sells off, believing its current valuation does not reflect its strong underlying fundamentals and accelerating growth rates. He highlights the company's continued market share gains in Latin American e-commerce and fintech, despite increased competition, and its long-term tailwinds in an underserved region. He also notes the strategic move of lowering free shipping hurdles to strengthen competitive advantage, similar to Costco's playbook.

“As Marcato Libre stock has continued to fall, I have continued to consistently buy shares on the way down. I am also not someone who tries to time the bottom or use technical analysis to try and figure out where the bottom is. I simply look at the value of the business and ask if I think the valuation is attractive and if it is then I will continue to buy.” — ▶ 19:50

The YouTuber is buying MercadoLibre, viewing recent stock underperformance as a buying opportunity due to its current undervaluation relative to its strong fundamentals. Despite increased competition in Latin American e-commerce, MercadoLibre continues to dominate market share and is expanding its fintech and advertising businesses, aiming to digitize the Latin American economy. The company's revenue growth remains robust at over 35% annually, and its current valuation of 22x profit potential for this growth rate is considered very attractive.

“I think that this is just a fantastic business. And I'll show you the DCF that I run on this one. So, I put in $5 billion in free cash flow potential. Let's say that their growth rate drops to you know 20% annually over the next 5 years and it maintains a 22 price to free cash flow. So in this scenario we're saying that the multiple is not going to expand over the next 5 years and their growth rates are actually going to come down significantly over the next 5 years to 20%. And even in this scenario we get a compounded annual growth rate to the share price of 21% and a fair value of $3,300 per share.” — ▶ 32:00

The YouTuber views MELI as a 'great business' with tremendous growth, replicating Amazon's success in South America. Q4 2024 results showed strong revenue growth (37% year-over-year) and expanding financial services. The company's flywheel effect, where digital banking adoption drives e-commerce growth, is cited as a key driver. Trading at 21 times free cash flow for a business growing 30-40% annually is considered cheap.

“This price for that level of growth I think is pretty insane in the market honestly and that's why I think that Melly stock is still looking cheap today and it's one that I actually do have in my portfolio.” — ▶ 43:50

The YouTuber is continuing to buy MercadoLibre, citing its status as an 'absolute beast' growing at 35% year-over-year with exploding revenue and free cash flow. He believes the market is pricing it too cheaply at 15.4 times price to free cash flow, given its strong moat and continued growth.

“I do think that Melly is looking cheap in the market and for that reason I am continuing to grow my position.” — ▶ 36:50

The YouTuber believes MercadoLibre (MELI) is an attractive buy despite its high price-to-free cash flow multiple of 39, due to its accelerating growth across e-commerce, advertising, and fintech segments in Latin America. He highlights strong financial results, market share expansion, and a robust balance sheet. His discounted cash flow analysis, even with conservative growth and multiple compression assumptions, suggests market-beating returns.

“For all of those reasons Melly is a stock that I own in my portfolio and that is why I am looking to potentially even add more in the coming weeks.” — ▶ 14:00

The analyst is bullish on Veeva Systems, considering it a high-quality business trading at a very fair multiple. He highlights its double-digit revenue and profit growth, pristine balance sheet with significant net cash, and strong free cash flow generation. He believes the current enterprise value to free cash flow multiple of 12.5 is historically low and unjustified given its strong fundamentals.

“So surprisingly I do actually agree with Michael Bur on this one and I do think that this stock is looking interesting. It's looking cheap and it does look like a highquality business trading for a very fair multiple.” — ▶ 49:50

The analyst is avoiding PayPal, despite its low P/E ratio of 7.5, because its underlying business is deteriorating with declining active accounts, increasing transaction expenses, and a projected flat to slightly negative earnings per share for 2026. He criticizes the company's focus on per-share metrics to mask declining net income and believes it is not a high-quality business.

“So, for myself, I am not interested in this one. And it seems like Michael Bur is being attracted to the very low price multiple and not necessarily focusing on the quality of the business.” — ▶ 42:50

The YouTuber believes PayPal's investment thesis is flawed because its share price recovery would make buybacks less effective, decelerating EPS growth. He also views it as an 'okayish' business at a low multiple, having been burned by similar investments that stagnated or declined.

“So for me, PayPal doesn't really look that interesting because if the share price recovers again, the investment thesis kind of breaks apart. And I also think that it is kind of just an okayish business at a low multiple.” — ▶ 10:00

The YouTuber is not interested in PayPal, viewing it as fairly valued at 14x free cash flow. While it offers a double-digit shareholder return due to buybacks, this relies on the multiple staying low. If the multiple expands, per-share growth declines significantly. The business is not considered high-quality due to slow growth in accounts (1%), engagement (5%), and revenue (6%).

“I think that PayPal, at least in my opinion, is looking like it's selling for fair value today because at this price with so much money going into buybacks, you are getting a double-digit shareholder return. But that thesis disappears if the price multiple expands and the share price goes up.” — ▶ 17:50

The YouTuber acknowledges PayPal appears cheap based on its 10x free cash flow and management's focus on profitable growth, but he lacks conviction in its long-term growth prospects due to significant deceleration in its PSP business and faster growth from competitors like Block (Square). He prefers to be a concentrated investor and finds other stocks in his portfolio more compelling.

“personally I just don't have the conviction in this business to know if it is going to continue growing over the next five years because I think that this business is seeing some headwinds and overall I'm just not that optimistic on it” — ▶ 19:50

The analyst argues that PayPal stock is undervalued, trading at a historically low price-to-operating income ratio of 11.25 compared to its 12-year average of 39.5. Despite active account growth stagnating, the company is growing revenue and operating income by increasing transactions per active account and through its Braintree and new Fast Lane products. The current price does not factor in future growth, and even with pessimistic growth assumptions, the stock could offer market-beating returns.

“I do think that this is looking like a very cheap stock because again I don't think that the price today is factoring in any future growth.” — ▶ 12:40

The analyst is avoiding Adobe despite its low valuation (under 8x free cash flow) because of concerns about AI disruption, decelerating organic growth, and recent executive departures. While acknowledging its current profitability, he is uncertain about its long-term competitive position against generative AI tools.

“And since I don't feel certain about where Adobee is going to be over the longer term, that is what is holding me back from investing in the company.” — ▶ 10:00

The YouTuber is becoming more bearish on Adobe, despite having bought it previously, due to the increasing risk of AI disruption. He believes that the rapid advancement of AI-generated content will lower the barrier to entry for content creation and reduce the overall need for traditional editing software, thus impacting Adobe's total addressable market.

“But I am not actively buying Adobe stock. And this is because I think Adobe is one of these software companies that is more at risk of AI disruption.” — ▶ 19:50

The YouTuber expresses long-term concern about Adobe's susceptibility to AI disruption, particularly in content generation. While current financials are strong, he fears that advanced AI could bypass the need for Adobe's core products like Photoshop and Premiere Pro, making him uncomfortable owning the stock despite its current valuation.

“But over the long term, I do think that there is a real risk to every business that relies on content generation as a whole.” — ▶ 11:00

The YouTuber is losing conviction in Adobe due to concerns about AI disrupting its competitive moat, potentially reducing the need for its expensive software. While acknowledging the stock appears undervalued based on traditional metrics like price-to-free cash flow, the long-term threat from AI makes him hesitant to buy.

“I am losing conviction in this business I think that its Moote is being disrupted personally but I also think that there is a very strong argument that the stock is looking undervalued especially if their remote is strong and maintains and the business can continue to grow its free cash flows so that's my opinion on Adobe at the moment I'm not currently buying any but I do see why people think it's cheap and that's pretty much my opinion now let's move on to the next topic that I want to discuss which is the valuations of Amazon Google Microsoft and Apple today” — ▶ 10:00

The YouTuber believes Adobe stock is currently overvalued, trading at a high price-to-free cash flow multiple of 30.4, which is not justified by its decelerating revenue growth (projected 9% year-over-year for Q4 2024, its lowest in nearly a decade). He also notes concerns about increasing competition from Canva and potential AI disruption, and an unsustainable share buyback strategy funded by debt. A discounted cash flow analysis suggests a fair value of $443, implying limited future returns.

“I do believe that a 30 price multiple for a business that is growing its Revenue by 9% annually is a very expensive price to pay so ultimately I do believe that adobe stock is still very expensive in the stock market and I also do not love to see that adobe's Revenue growth rates are continuing to decelerate.” — ▶ 10:00

The YouTuber argues that Adobe stock is still too expensive despite its recent earnings beat and increased guidance. He notes that the stock's current price-to-free cash flow multiple of around 33-34 is near its historical average, but the company's revenue growth has significantly decelerated to 9-10% annually, which he believes does not warrant such a high multiple. He also highlights concerns about declining operating cash flow margins and the company taking on debt to fund share buybacks.

“for me a 3334 priced free cash flow for about 9 to 10% annual revenue growth is on the too expensive end as I explained in my last video.” — ▶ 12:00

The analyst is avoiding Lululemon, despite its low P/E ratio (9.16), because its North American business is struggling, margins are compressing, and earnings are projected to decline. He views the fashion industry as uninvestable due to unpredictable trends and believes Lululemon is facing significant competition and an overstretched consumer base.

“So this one is not on my radar. It is not a stock I am interested in. And it seems like Michael Bur is investing in this one for a turnaround story.” — ▶ 27:50

The YouTuber notes that Lululemon is growing significantly faster than Nike and is projecting continued growth, making it a stronger business in the current market. However, he ultimately avoids investing in consumer brands like Lululemon due to his inability to predict long-term consumer trends and identify sustainable moats in the industry.

“if I was interested in an heral company right now or a consumer brand I think that I would be much more interested in Lulu Lemon because that stock is basically the same price in terms of operating income but it is projecting significantly more growth it's not actually projecting decline to its business but in general I do not invest in the consumer Brand's industry because I just do not understand the Moes in this industry” — ▶ 17:00

The analyst is avoiding Fiserv despite its low valuation (8x earnings, 6x free cash flow) due to declining fundamentals, contracting margins, and significant debt. He highlights concerns about the company raising debt to fund share buybacks while its business is struggling, suggesting it's not a high-quality investment.

“So ultimately, I am not interested in this one. I do understand that its multiple is very very low, but it seems like the underlying business is not high quality and is being disrupted in some way.” — ▶ 18:40

The analyst is avoiding Zoetis, despite its historically low P/E ratio of 12, because the company is experiencing weakening demand, increased competition, and a significant deceleration in revenue and earnings growth. He believes the current valuation is fair for a low single-digit growth company and prefers higher-quality businesses.

“I really just think that there are higher quality stocks in the market, and this one seems like it needs something to change.” — ▶ 34:50

The YouTuber argues that Netflix is becoming a more mature business with decelerating growth rates and operates in a highly competitive industry. While the stock is down significantly from its highs, he believes it is currently trading around fair value, not at a discount, based on his DCF analysis and a lower price-to-EBITDA multiple reflecting its maturity. He suggests other stocks offer better value and growth potential.

“So when I compare Netflix in the market today versus Meta or Amazon, I think the latter stocks are looking much more attractive and that is really why I am not buying Netflix here.” — ▶ 14:00

The YouTuber is buying Topicus, a subsidiary of Constellation Software focused on Europe, as part of the same investment thesis. He views it as a high-quality software stock with a low valuation, benefiting from the same playbook and culture as its parent company.

“And I've also been buying Topicus, which is one of their subsidiaries. It's a smaller company focused on Europe.” — ▶ 39:50

The YouTuber is buying Topicus, a smaller subsidiary spin-off of Constellation Software focused on European markets, due to its current undervaluation amidst the software sector sell-off. He believes Topicus can grow its free cash flow by 20% annually over the next 5 years, starting from a smaller base. A conservative DCF, assuming a 20x free cash flow multiple (below its historical 30x), projects a 23.5% compounded annual growth rate and a fair value of $161 Canadian, indicating significant upside.

“So while the market is so fearful towards software stocks right now, I am trying to buy what I think are the highest quality software stocks which are constellation software and to pickis and I have been continuing to nibble on them and add to them as their share prices have continued to fall because I think that they are unjustifiably low right now.” — ▶ 43:00

The YouTuber highly recommends Topicus, citing its high growth rates, shareholder-friendly approach (no stock-based compensation), and low AI disruptibility risk. He views it as a compelling investment, similar to Constellation Software, due to its strong business model and attractive valuation in the current market.

“Ultimately, I think that the most attractive business out of this entire group is Constellation Software. I think that it has a low AI disruptibility risk. The business is also one of the fastest growing in this entire group. It's trading for one of the lowest price multiples and I think that it is the most shareholder friendly by far by doing no dilution and stock-based compensation.” — ▶ 1:09:00

The YouTuber identifies Mastercard as a high-quality business currently trading at attractive multiples, even below its COVID crash valuation. They believe the market is ignoring such fundamentally sound companies in favor of speculative assets, creating long-term opportunities for investors focused on valuation and fundamentals.

“You have things like SpaceX going on at the same time as you have things like Mastercard trading for valuation ratios under the COVID crash.” — ▶ 31:50

The YouTuber is buying Mastercard (MA) because it is trading at its lowest price multiples since 2016, despite continued business growth. He addresses concerns about national payment rails (like Pix and UPI) by arguing that credit cards remain essential for international transactions, building credit, and accessing benefits like rewards. He also emphasizes Mastercard's successful pivot to value-added services, which now constitute over 40% of revenue and are growing faster than the core payment network, diversifying its business model.

“Mastercard stock continues to sell off down to its lowest price multiples since 2016. So, Mastercard is now trading for a lower multiple than it was during the COVID crash, during the 2022 sell-off, and literally for a decade low price ratio.” — ▶ 29:50

The YouTuber is increasingly interested in buying Mastercard, viewing its recent underperformance as an opportunity. He highlights its strong fundamentals, including 60% operating margins, 175 billion transactions annually, and consistent growth in cash flows and revenue. The stock is trading at its lowest forward P/E since 2018, making it an attractive value proposition while the market focuses on other sectors.

“And funny enough for myself, I'm actually getting more interested in Mastercard because it has been underperforming while the underlying business is continuing to grow and compound away.” — ▶ 34:00

The YouTuber is buying Mastercard because its stock is in an 18% correction from all-time highs, causing its price multiples to contract to historical lows, despite strong underlying fundamental growth in revenues and EPS. He highlights accelerated growth in value-added services and international markets, and believes the current valuation offers a compelling entry point for long-term compounding.

“The business is seeing strong accelerated growth and its price multiples are now right at the bottom of their range. But now let's dive into more of my research on Mastercard and really why I decided to take a position in the stock here.” — ▶ 2:00

The YouTuber agrees with Steve Eisman's bearish view on SpaceX, citing its extremely high valuation driven by hype and momentum rather than fundamentals. They highlight the company's capital-intensive nature, particularly in AI, and the commoditization of LLMs as reasons for concern. The current stock price movement is also attributed to low float and restricted insider selling post-IPO, which will change as more shares unlock.

“My overall thought on SpaceX's IPO is copy paste Steve Eisman. I think that it's very speculative. I think that it's very momentum driven. I think that it's very hyped up. The stock is extremely overvalued.” — ▶ 30:00

The YouTuber believes SpaceX's projected $2 trillion IPO valuation is unjustifiable, trading at 105 times 2025 sales and over 300 times operating cash flow. While acknowledging its innovative nature and long-term potential, he argues the current valuation reflects market euphoria and is detached from its financial performance, which shows significant losses despite revenue growth, with only Starlink being profitable.

“If SpaceX actually IPOs around a $2 trillion valuation, then it would be trading for 105 times sales based on their 2025 numbers and over 300 times operating cash flows. And it would be one of the largest companies in the world. That valuation simply is just unjustifiable to me.” — ▶ 16:00

The YouTuber expresses a negative view on Tesla, agreeing with Steve Eisman that its valuation is based on future product success and hype rather than current fundamentals. They note that Tesla's earnings and revenue have been declining or flat, and the EV business is capital-intensive and highly competitive. The stock is valued as a software/AI/robotics company, not a car company, which creates significant risk if future products don't meet high profitability expectations.

“Tesla's valuation is already factoring in all of these future products to work out, be highly profitable, and also grow extremely well. That leads me to also believe that these stocks in relation to Elon are momentum driven and based on basically how much hype he can create in the market and how excited he can get investors about the future story that's always going to be decades away it seems.” — ▶ 20:00

The YouTuber advises avoiding Tesla stock due to its extremely high valuation (16x sales, 226x free cash flow, 293x earnings) despite flat revenue growth for two years and declining profitability. While the energy business is growing, the core automotive business is struggling, and the current stock price reflects significant future success that is speculative and not based on current fundamentals.

“Tesla's valuation does not reflect the fundamentals of the business today and therefore investors are paying for a significant amount of Tesla's future growth and that is where the risk is.” — ▶ 10:00

The YouTuber believes Tesla's stock carries significant risk because its current valuation heavily prices in the success and profitability of autonomous vehicles, which he is skeptical of. He argues that the autonomous driving market lacks a strong competitive moat, leading to price competition and potentially low profit margins, making Tesla's reliance on this technology for future growth highly speculative.

“Tesla's current valuation where the stock currently is is already pricing in a lot of autonomous vehicle success and profitability, which that alone I am very skeptical of.” — ▶ 24:50

The YouTuber believes Tesla is overvalued and risky, citing declining automotive revenues, gross profits, and market share. He argues that the current valuation of 45 times operating cash flow prices in too much future growth, especially given the struggles in its core automotive business and increasing competition.

“So, I don't think that a business like this deserves to trade for 45 times operating cash flows. And what that tells me is that the stock is still pricing in a lot, and I mean a lot of future growth.” — ▶ 10:00

The YouTuber is avoiding Tesla, strongly disagreeing with Cathie Wood's $2,600 price target and the assumption that robo-taxis will account for 90% of its value. He argues that achieving such a valuation would require Tesla to become the most profitable company in the world within five years, which he deems unrealistic, especially given competition from Google's Waymo and BYD's faster revenue growth in EVs. He believes the stock is still extremely overvalued, pricing in too much future success as a software company.

“I simply think that this is not going to happen this is out of the realm of reality and I think that Kathy Wood is throwing out extremely high price targets to generate media noise and to basically get investors excited about Tesla's stock” — ▶ 36:50

The YouTuber is buying Tasmea (TA.AX) because he believes it is still undervalued despite recent gains. He highlights its strong management team, consistent organic growth (15% annually), and accretive acquisition strategy, particularly its recent entry into the high-growth Australian data center market. He notes the company trades at a lower P/E ratio (around 18-19x forward earnings) compared to its peers, despite having higher growth and margins, and emphasizes significant insider ownership and buying activity.

“I still think it is undervalued, which I will explain in this video. And I have actually been buying a lot of it in the $7.50 range to about $8.” — ▶ 3:00

The YouTuber believes Google's stock price is not attractive, despite its quality, as it's trading near 20-year high price multiples (25.2x price to operating cash flow). He notes that while issuing shares at a high valuation makes sense for the company, it implies the stock is expensive for investors.

“I just don't necessarily think that its price today is the most attractive as we're about to see.” — ▶ 21:00

The YouTuber is avoiding Google despite its current valuation being below its historical average. He expresses uncertainty about Google's long-term future due to the increasing use of AI chatbots over traditional search, which he believes could erode Google's search monopoly and cash cow business.

“I don't know if this trend is going to continue with Google and if it does I don't know what that looks like for the business and it's overall Cash Cow machine of Google search and I prioritize certainty in my own portfolio” — ▶ 13:40

The YouTuber explains that Bill Ackman trimmed his Google position because its valuation became stretched. Google's price-to-free cash flow expanded from 18.9 to 32, with 58% of its share price returns coming from multiple expansion rather than fundamental growth. This makes it an attractive stock to sell to reallocate capital.

“Basically if I were Bill Ackman looking for a stock to sell to raise some funds to buy some new positions then Google would look like another clear choice because the stock did get quite expensive especially in the second quarter of 2024.” — ▶ 12:50

The YouTuber believes Google is a high-quality business with a strong moat and long-term growth potential, especially from Google Cloud. However, he finds the stock currently overvalued based on its price-to-operating cash flow ratio being above historical averages and the market pricing in optimistic growth rates. He is holding his existing shares but not adding to his position at current prices.

“for me personally I do believe that Google is a hold and I am just going to hold on to my shares and my portfolio” — ▶ 16:00

The YouTuber indicates he would be happy to add to his Google position if the stock corrects, as he believes it is currently overvalued. He previously bought heavily when the stock was trading at lower price ratios in late 2022 and early 2023.

“I would be much more happy to add to my Google position when the stock does eventually correct” — ▶ 15:40

The YouTuber is buying Limbach (LMB) because he believes the recent 37% stock drop after Q1 2026 earnings was unjustified, as the weak quarter was guided for and due to a one-off healthcare booking slowdown. He highlights the company's successful shift to higher-margin ODR revenue, strong data center growth, reaffirmed full-year guidance, and a valuation (23x forward P/E, 14x FCF) that is significantly below peers and historical averages, suggesting the market is not pricing in its growth potential.

“I have been adding to my own portfolio and I am actively buying it in the stock market right now.” — ▶ 3:00

The YouTuber is interested in buying Nubank (NU) due to its current valuation (18.4x P/E, 12.4x forward P/E) despite over 40% revenue and net income growth. He highlights its massive customer base, growing average revenue per active account, decreasing cost to serve, and significant untapped market opportunities in Mexico and the US. The recent CFO resignation, which led to a stock sell-off, is viewed as bullish due to the highly experienced new CFO from Visa.

“I have not purchased any shares of this business quite yet but it is one that I am very interested in and I think is looking very undervalued in the market today.” — ▶ 28:50

The YouTuber identifies NuBank as a potential buying opportunity, believing it to be one of many stocks with strong fundamentals that have been 'left behind' by the market's focus on AI and semiconductors. He suggests that despite the S&P 500 being at all-time highs, there is significant value in such overlooked companies.

“Just take a look at Skyward. Take a look at BAM. Take a look at Mastercard Visa Microsoft even Nvidia. Arguably, Marcato, Libre, New Bank, Meta, Brookfield Corporation, KKR, Apollo.” — ▶ 40:40

The YouTuber is avoiding Micron due to its historically cyclical nature, where earnings spike and then decline significantly. He argues that despite the current low forward P/E ratio, this is typical for cyclical businesses at their peak, making the stock appear cheap when it might be expensive in hindsight. He lacks faith that the current earnings growth is sustainable long-term, citing Benjamin Graham and Peter Lynch's views on cyclical stocks.

“So the reason that I am staying out of Micron stock and I'm not looking to enter it here is because I am skeptical that its earnings will be sustained over the longer term.” — ▶ Watch clip

The YouTuber is avoiding Snowflake due to its high valuation, trading at approximately 67.5 times free cash flow for the current year, despite strong revenue growth and net revenue retention. While acknowledging its positive earnings report and AI tailwinds, he considers the stock 'very, very expensive' at its current price.

“So, personally, I still think that Snowflake stock is very, very expensive and I'm not necessarily interested in it at this price.” — ▶ Watch clip

The YouTuber believes Snowflake is massively overvalued, trading at 93 times free cash flow and 16 times sales, despite 30% annual revenue growth. He highlights concerns about stagnant cash flows and significant stock-based compensation diluting shareholders, making it an unattractive investment despite low AI disruption risk.

“However, Snowflake is still trading for a price to free cash flow of 93 and a price to sales ratio of 16, which are very high multiples still.” — ▶ 39:50

The YouTuber identifies Brookfield Corporation as a potential buying opportunity, believing it to be one of many stocks with strong fundamentals that have been 'left behind' by the market's focus on AI and semiconductors. He suggests that despite the S&P 500 being at all-time highs, there is significant value in such overlooked companies.

“Just take a look at Skyward. Take a look at BAM. Take a look at Mastercard Visa Microsoft even Nvidia. Arguably, Marcato, Libre, New Bank, Meta, Brookfield Corporation, KKR, Apollo.” — ▶ 40:40

The YouTuber has significantly trimmed his position in Brookfield Corporation, reducing overall portfolio exposure from over 20% to 10-11%. He believes the company is on track to miss its 2025 guidance, primarily due to the underwhelming growth of its insurance business, which was expected to be the largest growth driver. This has led him to lower future growth outlooks and, consequently, the future return potential for the stock, despite it trading at a premium to historical valuation averages.

“I have significantly trimmed down my Brookfield Corporation position and rotated a large amount of that capital into Brookfield Asset Management.” — ▶ 00:00:10

The YouTuber trimmed his position in Brookfield Corporation (BN) to reallocate capital into Brookfield Asset Management (BAM). He believes that BAM now offers more value than BN at their respective prices, based on his updated DCF analysis and the cleaner business model of BAM.

“The reason I am trimming down my BN position is to add to BAM. If you are someone who has been following my channel for quite some time, then you know that back in October of 2024, I sold my entire BAM position.” — ▶ 2:00

The YouTuber is buying Brookfield Corporation, seeing recent weakness in the private equity market as an opportunity. He argues that Brookfield's focus on critical infrastructure assets provides consistent cash flows and is not subject to the same risks as software-focused private equity. He believes a shakeout in the industry will strengthen Brookfield's competitive position, and the company's projected cash generation and earnings growth make it an undervalued, high-quality business.

“So, as the share price has been a little bit weaker with the volatility that we've seen in the market over the past week and the overall selloff in the private equity space, I have been continuing to nibble and add to my position.” — ▶ 32:00

The YouTuber holds Brookfield Corporation (BN) in his personal portfolio, preferring it over BAM for its growth focus. Based on guidance, BN is projected to grow free cash flow by 20-25% annually over the next 5 years. A DCF using the lower end of this guidance (20%) and a 20x cash flow multiple (its current trading multiple) suggests a 22% compounded annual growth rate and a fair value of $75, indicating it's cheaper and offers more growth potential than BAM.

“So, to put it simply, I do still think that Brookfields Corporation or the BN ticker is cheaper and could offer more returns than BAM over the long term.” — ▶ 30:50

The YouTuber is buying Brookfield Corporation as his primary AI investment, viewing the AI buildout as a new pillar of global infrastructure, aligning with Brookfield's century-long expertise in infrastructure development. He highlights Brookfield's ability to self-fund and self-manage power, real estate, and data center construction, and its strategy of securing contractual agreements with creditworthy counterparties like Google, Microsoft, and Amazon, mitigating risks seen in past tech booms.

“this is the way that I have chosen to play artificial intelligence. And that's because I'm not smart enough to know which LLMs are going to succeed or which chip provider is going to win over the next 5 years when it seems like every company is coming out with their own chip now.” — ▶ 17:00

The YouTuber is continuously buying Brookfield Corporation to maintain it as his largest portfolio position, believing it offers significant value. He cites the company's strategic positioning in AI infrastructure through a new $100 billion fund with Nvidia, its projected $53 billion free cash flow over five years, and expected 25% annual growth in distributable earnings per share. A DCF analysis suggests a fair value significantly above the current trading price, indicating strong future returns.

“I try to keep this position around 25% of my entire portfolio. So, as I continue to get more cash within my portfolio or Brookfields Corporation drops relative to my portfolio, I try to top it up and keep it around that 25% level. So, this is a stock that I am pretty much always buying.” — ▶ 28:00

The YouTuber bought more shares of Brookfield Corporation, viewing the recent stock sell-off as an opportunity. He believes the long-term investment thesis remains intact, citing the company's projected 25% annual growth in distributable earnings over the next five years, strong asset management inflows, and significant future cash generation from real estate and carried interest. He also highlights the attractive valuation of 16 times distributable earnings for a company with such growth prospects.

“And personally, I think that a 16 multiple for 25% annual growth is extremely attractive. And I'm just going to skip ahead a little bit, but that's kind of why I bought more shares today.” — ▶ 30:00

The YouTuber is buying Brookfield Corporation due to its strategic AI infrastructure partnership with Bloom Energy, which leverages Bloom's fuel cells for on-site power, bypassing traditional grids. Brookfield's vertical integration, owning power, real estate, and compute, provides a significant competitive advantage in the AI data center build-out, especially as power becomes the limiting factor for AI development. The company is projected to grow profits at 25% annually and trades at an attractive 20x earnings, making it an overlooked opportunity.

“I think that Brookfield is overlooked in the market right now. And I don't think that people have really caught on that this company is actually one of the best positioned companies in the world to benefit from the buildout of data centers.” — ▶ 13:00

The YouTuber is highly bullish on Brookfield Corporation, considering it a strong long-term buy despite hitting all-time highs. He highlights the company's ambitious projections for 25% annual profit growth per share, driven by AI infrastructure, wealth solutions, and significant carried interest realizations ($25 billion over 10 years). He notes the company's strong track record of exceeding guidance, high insider ownership, and a projected 2030 price-to-distributable-earnings of 6.63 based on current price, suggesting it's still cheap.

“So, even though Brookfield is selling for all-time highs today and the stock is continuing to run higher, I surprisingly still believe that it is not looking overvalued. And if they can meet their 5-year projections by 2030, then I actually think the stock is still looking cheap.” — ▶ 38:00

The YouTuber is actively buying Brookfield Corporation shares, considering it undervalued despite trading at all-time highs. He cites strong distributable earnings growth, particularly in the wealth solutions business, and significant future cash flow from carried interest realizations. The company's new AI infrastructure strategy, requiring $200 billion in capital, positions it uniquely to capitalize on the AI wave by building and powering data centers, which he believes will accelerate growth and lead to market-beating returns with low risk.

“Even though Brookfield shares are trading four all-time highs, I still think the stock is undervalued and I have been an active buyer of Brookfield shares.” — ▶ 20:00

The YouTuber considers Brookfield Corporation (BN) his largest portfolio position and the best long-term growth play. He favors BN over its affiliates like BEP because it reinvests cash flows back into growth rather than paying large dividends, offering diversified exposure to all of Brookfield's businesses and their growth.

“That's why Brookfields Corporation is the largest position in my portfolio. It's why I don't own BEP directly and I don't own BIP or any of the other affiliates and subsidiaries directly because those companies are more focused on paying out dividends and I just want more growth and I want more reinvestment back into the business.” — ▶ 29:00

The YouTuber is buying Brookfield Corporation (BN) due to its strong Q1 earnings, which showed a 27% increase in distributable earnings, exceeding their own projections. He highlights the company's critical infrastructure assets, strong capital allocation track record, and unique investment opportunities. Valuation-wise, he finds it undervalued at a 16x price-to-distributable earnings multiple compared to peers, and his DCF analysis suggests an $83 fair value, significantly above its current trading price.

“I actually bought more shares in the market today after earnings. I am completely fine averaging up, buying near all-time highs, buying on a day where the stock is up 4%. Because when I take a look at the price of this business relative to its fundamentals and its underlying value, I do think that it is still very undervalued and could continue to outperform the S&P 500 over the next 5 years and over the long term.” — ▶ 20:00

The YouTuber is a high-conviction buyer of Brookfield Corporation, viewing recent bearish articles as mischaracterizations of its complex but legitimate business practices, such as internal asset sales and capital recycling. He emphasizes Brookfield's long-term focus, its role in AI infrastructure and renewable energy, and the alignment of management's interests with shareholders.

“I think that you know if the market wants to sell off Brookfield based on its real estate portfolio then I'm going to be a happy buyer and I'm going to continue increasing my position” — ▶ 26:00

The YouTuber is very bullish on Brookfield Corporation, citing strong Q4 2024 results with distributable earnings growing 24% year-over-year, aligning with the company's 5-year target of over 20% annual growth. He believes the stock is undervalued, trading at 18 times distributable earnings while projecting over 20% annual growth, and highlights the significant, often misunderstood, value of carried interest, which he estimates at $30 billion or $21 per share. He also notes the company's share buybacks and Bruce Flatt's intrinsic value estimate of $100 per share.

“In my opinion, I do still think that Brookfield Corporation is undervalued in the stock market today and I did buy some more shares after earnings this morning when I read through the earnings report I increased my position in Brookfield Corporation.” — ▶ 20:00

The YouTuber continues to dollar-cost average into Brookfield Corporation, believing it is still not expensive despite being up over 100% since his initial purchase. He uses a discounted cash flow model with a 22% annual free cash flow growth rate and a 15x price-to-distributable earnings multiple (conservative compared to peers) to arrive at a fair value of $77.77, indicating a 30% upside from current levels.

“with BN as well surprisingly the stock is still not looking that expensive in the Market at least in my own opinion and this is a stock that I am actively still dollar cost a averaging and buying more of in my portfolio despite it being up over 100% from where I was initially buying it here on my channel” — ▶ 20:00

The YouTuber is bullish on Brookfield Corporation due to the increasing demand for electricity from data centers, which is projected to grow significantly. Brookfield is positioned as a key partner for data center builders in supplying this power, indicating a strong tailwind for the business.

“this is one of the reasons why I am bullish on brookfield's Corporation because they are one of the companies that these large data center Builders and providers are partnering with to actually Supply the power to power the data centers so I think that there are some Tailwinds here for select businesses” — ▶ 10:00

The YouTuber continues to buy Brookfield Corporation, which is his number one position, believing it is a high-quality business still looking attractive in the market. He highlights Bill Ackman's recent significant investment in Brookfield, making it 13% of his portfolio, as a strong vote of confidence from a respected investor who shares similar investment philosophies.

“I still think that Brookfield is looking attractive in the market I am planning on continuing to add to my position at the current prices.” — ▶ 39:50

The YouTuber is buying Brookfield Corporation (BN) with the proceeds from selling BAM, believing it offers significantly more value. He performed a DCF analysis using a conservative 22% free cash flow growth rate (below management's 25% projection) and a P/FCF ratio of 15, resulting in a projected 17% annual stock price growth. He also highlights that BN is trading significantly below its net asset value of $99.20 per share, calculated by summing the market caps of its publicly traded affiliates.

“I simply think that there's a lot more value in BN and that's why I made that shift in my portfolio” — ▶ 23:50

The YouTuber argues that Brookfield Corporation (BN) offers significantly more value than BAM, trading at half the price multiple (17x free cash flow vs. 34x earnings for BAM) and projecting higher future growth (25% annual free cash flow growth vs. 18% for BAM). He highlights BN's ownership of a substantial portion of BAM, its insurance business, real estate portfolio, and other operating assets, which are currently undervalued by the market, trading at 0.66% of net asset value. He believes BN could deliver a 20.62% compounded annual growth rate over the next five years.

“I could see myself continuing to buy Brookfield Corporation the BN ticker... when I look at the numbers and when I look at the future projections everything does say that BN should outperform Bam from this point going forward.” — ▶ 20:20

The YouTuber highly recommends Brookfield Corporation, citing its conglomerate structure owning critical global infrastructure assets with long-term contracts, such as water services, ports, and communication infrastructure. He highlights Westinghouse's leadership in SMR nuclear technology as a significant long-term growth driver. Despite trading near all-time highs, he believes it's undervalued at 12.9 times distributable earnings, with projected annual growth of 22-25% through 2028, and praises its shareholder-focused management.

“I think that Brookfield personally is a freaking slam dunk of an investment. It basically checks all the boxes on what I look for in an investment and that is why it is the largest position within my own portfolio.” — ▶ 24:00

The YouTuber is adding to his position in Brookfield Corporation, citing its strong earnings growth, particularly from its insurance business, and its significant undervaluation based on net asset value. He highlights the company's strategic positioning in renewable energy and data centers, which he believes will power the AI revolution, and its disciplined share repurchase program. The stock is trading at 15.5 times cash flows with projected annual growth of 20-25% over the next five years, making it appear cheap.

“this business is still cheap in the stock market today and that is why I have continued to build my position and I have added to my Brookfield position after the reported earnings just yesterday” — ▶ 30:00

The YouTuber, a long-time Brookfield advocate and shareholder, believes BN is still cheap despite a recent 46% rally from its lows. He highlights the company's diverse and critical infrastructure assets, strong management, and projected 20-25% annual free cash flow growth over the next five years. Trading at roughly 14 times free cash flow, he sees a significant disconnect between its valuation and intrinsic value, expecting 15%+ total returns per share long-term.

“when I take a look at Brookfield I see a business that is trading for roughly 14 times free cash flow and projecting 20 to 25% annual growth which I think is a massive disconnect from the company's underlying intrinsic value” — ▶ 21:00

The YouTuber advises avoiding ASTS due to its extremely high valuation, trading at a 592 price-to-sales ratio and a $50 billion market cap on only $60-80 million in annual revenue. He notes the company is unprofitable, relies on dilution and debt, and its stock price has run far ahead of its business fundamentals, increasing investor risk significantly.

“But for me, it always comes back to, okay, what is actually a fair price to pay for this business? Because a $50 billion market cap for a company doing anywhere between 60 to $80 million in revenue seems just too far out there, man.” — ▶ 20:40

The YouTuber suggests avoiding Applied Materials, despite its S&P 500 inclusion, due to its high 42 P/E ratio and 35 forward P/E, which he believes is detached from its modest 3.5% annual revenue growth since 2022. He argues that such a high multiple implies an unrealistic expectation for future revenue acceleration.

“But when you're buying this stock at a 40 price multiple, it means that you're expecting this revenue to be basically going vertical very very soon, which could happen. But I think that it's a pretty tall order to ask.” — ▶ 23:50

The YouTuber identifies Nvidia as a potential buying opportunity, believing it to be one of many stocks with strong fundamentals that have been 'left behind' by the market's focus on AI and semiconductors. He suggests that despite the S&P 500 being at all-time highs, there is significant value in such overlooked companies.

“Just take a look at Skyward. Take a look at BAM. Take a look at Mastercard Visa Microsoft even Nvidia. Arguably, Marcato, Libre, New Bank, Meta, Brookfield Corporation, KKR, Apollo.” — ▶ 40:40

The YouTuber expresses concern about Nvidia's long-term margin potential due to its own customers, such as Amazon and Google, developing successful in-house chips (Tranium, TPUs) that compete directly with Nvidia's offerings. He suggests this trend could erode Nvidia's market dominance and profitability in the chip space.

“I'm talking about Google's TPUs and Amazon's tranium chips. And then also LLMs. I've been saying on my channel for quite some time. I think it's a commodity and as a consumer, I've actually never paid for an LLM yet and I've been getting by just fine.” — ▶ 17:25

The YouTuber recommends avoiding Nvidia stock at its current price, despite acknowledging it as an incredible business with strong growth. His concern stems from the stock's high valuation, which he believes prices in unsustainable growth rates (50%+ annually) for the next 3-5 years. He cites industry leaders like Elon Musk suggesting that energy, not GPUs, will soon become the limiting factor for AI development, potentially slowing Nvidia's demand.

“And I do not think that Nvidia is priced for any sort of slowdown. And this is really why I am not a buyer of Nvidia today.” — ▶ 24:50

The YouTuber identifies Apollo as a potential buying opportunity, believing it to be one of many stocks with strong fundamentals that have been 'left behind' by the market's focus on AI and semiconductors. He suggests that despite the S&P 500 being at all-time highs, there is significant value in such overlooked companies.

“Just take a look at Skyward. Take a look at BAM. Take a look at Mastercard Visa Microsoft even Nvidia. Arguably, Marcato, Libre, New Bank, Meta, Brookfield Corporation, KKR, Apollo.” — ▶ 40:40

The YouTuber identifies KKR as a potential buying opportunity, believing it to be one of many stocks with strong fundamentals that have been 'left behind' by the market's focus on AI and semiconductors. He suggests that despite the S&P 500 being at all-time highs, there is significant value in such overlooked companies.

“Just take a look at Skyward. Take a look at BAM. Take a look at Mastercard Visa Microsoft even Nvidia. Arguably, Marcato, Libre, New Bank, Meta, Brookfield Corporation, KKR, Apollo.” — ▶ 40:40

The YouTuber identifies Visa as a potential buying opportunity, believing it to be one of many stocks with strong fundamentals that have been 'left behind' by the market's focus on AI and semiconductors. He suggests that despite the S&P 500 being at all-time highs, there is significant value in such overlooked companies.

“Just take a look at Skyward. Take a look at BAM. Take a look at Mastercard Visa Microsoft even Nvidia. Arguably, Marcato, Libre, New Bank, Meta, Brookfield Corporation, KKR, Apollo.” — ▶ 40:40

The YouTuber recommends avoiding Quanta Services, despite its strong 20% annual revenue growth since 2022 due to data center buildouts. He argues its near 100 P/E and 52 forward P/E are excessive for a construction business, especially given the industry's historical cyclicality, indicating the price multiples are 'getting a little bit ahead of their skis'.

“Like a 52 forward price to earnings ratio for a construction business that's historically been a very cyclical industry. And I have another example with another stock called Argan Inc.” — ▶ 27:00

The YouTuber advises against KLA Corporation, noting its stock has gone 'vertical' and now trades at a 55 P/E and 41 forward P/E. While acknowledging solid 16% annual revenue growth, he believes the share price has become detached from fundamentals, with the price multiple getting too high relative to the business's growth rate.

“But even still, you can see that the revenue is growing, but it's not really seeing that much of an acceleration, whereas the share price has just been going vertical. And I think that this is another example of maybe the share price getting a little bit detached from the underlying fundamentals.” — ▶ 25:30

The YouTuber suggests avoiding Argan Inc., noting its share price has gone 'absolutely vertical' despite historically cyclical revenue that hasn't grown for four to five quarters. He finds its 69 P/E and 60 forward P/E to be an example of construction stocks with even minor data center exposure seeing inflated price multiples and insane buying.

“Once again, you can see that it share price has just gone absolutely vertical. is trading for a 69 price to earnings ratio now a 60 forward PE and if we take a look at its revenue you can see that it's been extremely cyclical historically and it actually hasn't grown for about four to five quarters now.” — ▶ 28:00

The YouTuber suggests S&P Global is undervalued, trading at a forward P/E of 21, well below its historical median of 28.6, despite 10% revenue and EPS growth. He argues the market is incorrectly lumping it with software companies vulnerable to AI disruption, believing SPGI's vast proprietary data and embedded customer workflows make it an AI beneficiary with a wide moat.

“So, in my opinion, again, if S&P Global can prove that it's not actually being disrupted by artificial intelligence, and instead if they can actually turn that into a tailwind and continue growing revenue and earnings per share by 10% per year, then the stock is actually looking pretty dang interesting today.” — ▶ 24:50

The YouTuber acknowledges that Sea Limited is executing well, with strong revenue growth across its e-commerce, fintech, and gaming segments, and trades at a forward P/E of 20.7 despite being down 53% from its highs. However, he prefers MercadoLibre due to its stronger moat and higher growth potential, and does not feel the need to own both.

“So then the question is am I buying C Limited today and the answer is no and it's simply because I own a lot of Marcato Libre and I do think that Marcato Libre is the better business with more modes and actually more growth as well.” — ▶ 10:00

The YouTuber argues Shift 4 is 'ridiculously cheap,' trading at approximately 6.5 times 2026 free cash flow expectations, despite strong double-digit growth and significant share buybacks. The founder's continued open-market purchases further indicate undervaluation, though the YouTuber acknowledges concerns about the business's moat.

“This business is now trading for under seven times 2026 free cash flow expectations while also continuing to grow by doubledigit growth rates.” — ▶ Watch clip

The YouTuber finds Shift4 Payments compelling due to its sticky business model as a vertical market software company monetizing through payments, creating higher barriers to entry. It shows strong growth (25%+ in volume, 26% in gross profits, 29% in gross revenues) and projects doubling free cash flow to $1 billion by 2028. At 13.4x 2025 free cash flow, it's cheaper than PayPal with significantly higher growth rates.

“For a 13 price multiple for 20% plus growth, I think that Shift4 is looking very interesting in the market right now.” — ▶ 23:00

The YouTuber highlights Shift4's unique business model combining industry-specific software solutions with payment processing, which provides a competitive advantage and allows them to charge more. He notes strong growth metrics, a projected 2024 free cash flow of $399 million, and a price-to-free cash flow ratio of 19.74, which he considers attractive given the 40% revenue growth. Insider buying by the CEO further reinforces his positive view.

“that combination of 20 times cash flows for 40% Revenue growth I do think is a pretty attractive combination” — ▶ 12:00

The YouTuber believes Skyward is undervalued, trading at less than 9 times 2026 earnings projections, which is below its historical average. The company's fundamentals are at all-time highs, and it continues to grow at double-digit rates despite headwinds in the broader insurance industry, suggesting it's an outlier not as exposed to cyclicality.

“Skyward is a business that is trading for under 926 earnings which is a very low price multiple in my opinion. It's well below the company's historical averages. Their fundamentals are at an all-time high and the business is continuing to grow at double-digit rates.” — ▶ Watch clip

The YouTuber suggests Skyward as a more attractive insurance company, noting its forward P/E of roughly 9 and consistent 20-30% annual business compounding. He views it as a more mature, profitable, and consistent business compared to Root.

“So, if you're interested in the insurance industry, then I would add Skyward to your watch list and a stock to potentially investigate because it's really not looking that expensive at all today.” — ▶ 21:00

The YouTuber identifies Skyward as a rapidly growing specialty insurance company focusing on underserved niche markets. He points to strong growth in gross premiums written and net income, high return on equity, and significant insider ownership. Despite being the second-fastest growing among comparable insurers, it trades at the lowest price-to-earnings ratio of 13.78, which he finds very attractive for a company growing revenue at 38% year-over-year.

“Skyward is the second fastest growing insurance company out of these four companies and its price to earnings ratio is the lowest by far” — ▶ 20:50

The YouTuber argues that Walmart is currently overvalued, trading at a P/E ratio of 46.6 while its revenue and earnings are only growing at about 5% annually. He believes that despite being considered a 'safe' stock, its current valuation makes it a risky investment, especially compared to its low growth rate.

“Walmart stock is selling for a 46.6 price to earnings ratio at the same time as the business is growing roughly 5% per year. This is an extremely high price to pay for a business that isn't really growing that much.” — ▶ 9:00

The YouTuber advises against Pepsi, noting its P/E ratio of 25.6 despite minimal revenue growth (1.7% recently) and flat earnings over the past 13 years. He highlights declining sales volume, with revenue growth driven solely by price increases, indicating a lack of underlying business expansion.

“So Pepsi's underlying business and profitability is not really growing at all. Now, another interesting thing about Pepsi is their sales volume has been declining since 2022 and its revenue has only been growing because it's been able to continue increasing its prices.” — ▶ 11:50

The YouTuber advises avoiding Pepsi due to its high valuation (P/E of 27, P/FCF of 28) despite minimal revenue growth (3% annually over the past decade, with recent declines). He argues that such high multiples are only justified by much higher growth rates, which Pepsi lacks, making it very expensive.

“28 multiples for zero growth is very very expensive.” — ▶ 37:00

The YouTuber suggests avoiding Costco due to its high valuation, trading at a P/E ratio of 54.5. While acknowledging its faster growth (10.5% revenue, 15.6% earnings) compared to Walmart, he still considers this multiple extremely high for the growth rate, making it an expensive and potentially risky investment.

“So all around it seems like Costco is growing faster than Walmart, but still for 10% topline growth and 15% earnings growth, a 54 price to earnings ratio is extremely extremely high.” — ▶ 10:30

The YouTuber advises against buying Costco, stating that while it's a fantastic company, its current valuation of 50-60 times cash flows is very expensive. He believes investors are disregarding valuation due to past market performance, but this trend is unsustainable.

“I think Costco is a a fantastic company but I think the price of it is very expensive now.” — ▶ 32:40

The YouTuber believes Palo Alto Networks benefits from AI due to increased cybersecurity needs. Despite a recent correction, he finds its valuation of 34 times free cash flow for 15% annual growth to be high, suggesting it's not offering a discount and remains expensive.

“But in my opinion, I do think that a 34 price to free cash flow for roughly 15% annual growth is a pretty high multiple to pay. So I do not think that Polo Alto is necessarily offering a discount today and it is still on the expensive end, at least in my opinion.” — ▶ 52:50

The YouTuber is interested in buying Palo Alto Networks (PANW) if its stock price drops to around $250 per share. He believes the company is high-quality with strong tailwinds in the cybersecurity industry and robust free cash flow generation, but currently overvalued based on its historical price-to-free cash flow ratio and decelerating revenue growth. He also notes a concern about high stock-based compensation leading to shareholder dilution.

“for Palo Alto to produce a 10% annual return rate the stock would have to be about $250 per share or about 22% below where it is currently trading so in my opinion this is around the fair value for Palo Alto stock here is right around that $250 per share price so if Palo Alto ever does get back to the share price then I will start to become much more interested in the stock” — ▶ 14:40

The YouTuber notes Salesforce's significant deceleration in revenue growth (down to 8% annually) and its horizontal software nature, which makes it vulnerable to AI disruption. While trading at a fair 16.6x free cash flow, he finds it unexciting and suggests its struggles in the AI world make it a less compelling investment.

“It is currently trading for a price to free cash flow of roughly 16.6, which is a free cash flow yield of roughly 6%. And personally, I do think that this is a pretty fair price to pay for Salesforce business if it can continue to grow its revenues by 9% annually over the long term. But this one is not a very exciting company.” — ▶ 19:00

The YouTuber finds Salesforce unattractive due to its valuation of 28 times free cash flow (after accounting for stock-based compensation) for a company with decelerating revenue growth of 8-9% annually. He argues that this valuation is expensive compared to other high-quality businesses he's finding, particularly in international markets, and would only be interested if the stock declined significantly.

“So for me, when I'm taking a look at the world of investments, I don't think that Salesforce is very attractive and therefore I'm buying other stocks and I would want Salesforce to decline quite a bit before I would become interested in it.” — ▶ 33:00

The YouTuber finds Nemetschek's fundamentals slightly better than Autodesk's, with 17% annual revenue growth and 21.4% annual operating cash flow growth. Trading at 23 times free cash flow, which is one of its cheapest multiples in a decade, he believes it's a compelling price if the company can maintain its growth, despite a moderate AI disruption risk.

“But just like with Autodesk, if Nemet can continue to compound its fundamentals by 20% annually going forward, then I think that this is a very compelling price for the business.” — ▶ 31:50

The YouTuber believes DocuSign's business model, which focuses on online document signing, has become commoditized and lacks a sustainable moat. He argues that AI and other platforms can easily replicate its core service, making it highly vulnerable to disruption and an unattractive investment.

“It is the exact type of business that I would avoid like the plague.” — ▶ 10:00

The YouTuber finds Atlassian attractive at 23.8 times free cash flow, given its consistent 20% annual revenue growth. Despite concerns about declining free cash flow margins and potential AI disruption to basic workflow automation, he believes the current valuation is compelling if growth rates are maintained.

“But ultimately the business is continuing to grow by roughly 20% per year and trade for a roughly 24 price to free cash flow which I do think is looking pretty attractive if they can keep that growth rate up.” — ▶ 24:50

The YouTuber identifies Roper Technologies as an interesting buy due to its low AI disruptibility risk and shareholder-friendly practices (low stock-based compensation). As a vertical software business deeply embedded in customer operations, it shares similar defensive qualities to Constellation Software, making it attractive in the current market.

“Some other businesses that I think are looking interesting at their current prices would be Roper Technology, Service Now, Autodesk, Nette Check, Inuit, Monday.com, and Dualingo.” — ▶ 1:10:00

The YouTuber believes Dynatrace is a compelling investment, trading at 26 times free cash flow after a 34% correction, while consistently growing revenues and cash flows by 20% annually. He expects increased demand for its AI agent monitoring services as AI systems become more complex, making it a net beneficiary of AI.

“If it can continue to grow at this rate going forward, then I do think that a price to free cash flow of roughly 26 is pretty fair for this business.” — ▶ 59:00

The YouTuber suggests monday.com is looking attractive at its current valuation of 20 times free cash flow, given its over 20% annual revenue growth. Despite high AI disruption risk due to its horizontal nature, he believes the price is compelling if the business can maintain its growth rates.

“If Monday.com can continue to grow revenues by over 20% over the long term, and AI doesn't truly disrupt this business, then a 20 price to free cash flow is looking pretty dang cheap for the stock.” — ▶ 15:40

The YouTuber considers Intuit a high-quality company with consistent revenue and cash flow growth, trading at a fair 25 times free cash flow. While not super cheap, he acknowledges its potential for AI to be a net benefit, but also highlights risks from government-provided free tax filing and long-term AI competition in tax preparation, placing it in the moderate AI disruption category.

“Overall, if the business can continue to grow by double-digit growth rates from here, then I think a 25 price to free cash flow is pretty fair for the business. But I don't think that it is necessarily super cheap or undervalued.” — ▶ 36:00

The YouTuber acknowledges ServiceNow's incredible long-term revenue and cash flow growth (over 20% annually) and low AI disruption risk, as it benefits from AI. However, he finds its current valuation of 35.4 times free cash flow to be on the higher end, suggesting there are better deals in the software space.

“However, I do think that Service Now is looking on the more expensive end, trading for that price to free cash flow of 35.4 and I think that there are better deals in the overall software space.” — ▶ 43:50

The YouTuber notes Autodesk's strong historical performance and consistent 17% annual revenue growth, with recent acceleration. However, he finds its current valuation of 27.5 times free cash flow not necessarily cheap, especially with volatile cash flows and a moderate AI disruption risk due to its generative AI capabilities and shift to usage-based pricing.

“Its price to free cash flow is now sitting at 27.5, which is not necessarily cheap in my opinion.” — ▶ 28:50

The YouTuber finds Datadog's valuation of 53 times free cash flow and 14.2 times sales to be too expensive, even with strong revenue growth (27% annually) and cash flow growth (37% annually). Despite benefiting from AI, he believes the stock is overvalued and not offering value at its current price.

“However, I do think that the price tag of 53 times free cash flow is still pretty expensive for this business, even if it is growing by 26% per year. So, I don't think that this one is necessarily undervalued or offering value in the market today, even though it stock is in that 30% correction.” — ▶ 1:02:50

The YouTuber considers CrowdStrike the most expensive stock on his list, trading at 103 times free cash flow and 25 times sales, despite 22% annual revenue growth. He believes this valuation is too high for any business, making it overvalued even with its AI-benefiting cybersecurity position.

“In my opinion, this is the most expensive stock on our entire list.” — ▶ 54:50

The YouTuber is strongly bearish on Snapchat, citing excessive stock-based compensation that dilutes shareholders and prevents per-share profit growth, despite revenue growth. He believes the company's management team needs a complete overhaul to focus on sustainable per-share profit growth.

“And until that happens, I am not going to be touching the stock with a 10-ft pole.” — ▶ 1:07:00

The YouTuber is not interested in The Trade Desk, despite its historical success, because its revenue growth rates are decelerating while competitors are accelerating. He also finds the stock still expensive at 25 times free cash flow, especially with slowing growth, highlighting the risk of high multiples.

“So no, I am not interested in the trade desk here. I still think that it is looking quite expensive and I think that there are much better opportunities in the market.” — ▶ 59:00

The YouTuber views Welltower as extremely expensive, trading at 46 times operating cash flow and 40 times FFO. He argues that significant share dilution offsets all underlying fundamental growth, meaning no true shareholder value is being created despite strong revenue and operating cash flow growth.

“So to put it simply, I think that Will Tower is an extremely extremely expensive stock right now that has no business selling for 46 times operating cash flows and roughly 40 times FFO.” — ▶ 51:00

The YouTuber finds Constellation Energy's business attractive due to its nuclear assets and role in AI energy demand, but considers the stock overvalued at a forward P/E of 25 for a cyclical utility company projecting 13% annual growth. He would add it to a watchlist for a potential price correction.

“But for now, it's not one that I am going to be looking to add to my portfolio.” — ▶ 15:50

The YouTuber believes JP Morgan is not offering value today, with a forward P/E of 15 and a price-to-book ratio well above historical averages. He argues that banks, as lending businesses, inherently carry more risk and should maintain lower price multiples (10-15 P/E), making JPM appear expensive.

“And therefore, I do think that JP Morgan is looking like a more expensive bank in the market today.” — ▶ 1:11:00

The YouTuber finds Transmedics a very interesting business with strong revenue growth and a significant market moat, but believes the stock is overvalued. Its high P/E and P/FCF ratios are pricing in continued strong growth even as revenue growth rates are decelerating.

“So I don't necessarily think that it is offering a ton of value right now. But this is a very interesting business that I have added to my watch list in case it does see some dramatic drop like it did at the beginning of 2025 once again.” — ▶ 41:50

The YouTuber acknowledges Grab's solid business and growth but finds the stock overvalued, trading at a 45 forward P/E for 22% growth. He believes there's better value elsewhere in the market and would only add Grab to a watchlist.

“So, Grab is another one that could be added to a watch list because it is an interesting business, but a pretty expensive stock today.” — ▶ 29:50

The YouTuber notes Copart's current valuation of 21.5x enterprise value to earnings is below its historical average, but finds it unattractive for only 6% projected EPS growth. He would need to see earnings re-accelerate to consider it a good value.

“So unless something happens where the projections for earnings per share growth do accelerate from here, then I don't actually think that Copart is looking very cheap right now.” — ▶ 35:50

The YouTuber is not attracted to Root due to decelerating revenue growth and slowing earnings growth. He would need to see revenue re-accelerate and profit margins continue expanding before considering an investment.

“So, personally, I am not super attracted to the stock at its current rate.” — ▶ 19:50

The YouTuber highlights the risk associated with Oracle's large commitments from OpenAI, questioning OpenAI's ability to pay hundreds of billions given its current revenue and unprofitability. He suggests that investing in data centers based on such commitments is risky, contrasting it with Brookfield's strategy of partnering with profitable companies and countries with strong balance sheets.

“And that's where I think the risk is is with those commitments from open AI, you know, commit or placing your bets on a company that's losing money and then they're committing to you hundreds of billions of dollars and then your business is investing in data centers to supply that capacity to them. That is risky in my opinion.” — ▶ 22:00

The YouTuber advises avoiding Oracle stock due to its recent 40% jump based on a $300 billion OpenAI deal, which he believes is highly speculative. He argues that OpenAI's projected revenue and free cash flow burn make it unlikely to fulfill such a large commitment, making Oracle's valuation, now at 42x price to operating cash flow (historically 20x), extremely expensive and risky. He also criticizes management for creating hype rather than focusing on sustainable growth.

“So to me, I now think that Oracle stock is looking extremely expensive. And even when I was just taking a look at the earnings report, I saw not that stellar of numbers.” — ▶ 10:00

The YouTuber suggests Coreweave, like Oracle, faces significant weakness due to the debt they are taking on for data center buildouts, and that their profitability might not meet market expectations. He implies that their business model, relying on potentially unstable commitments, is riskier compared to companies with more secure demand.

“We've also seen a little bit of a sell-off across all AI stocks with Oracle as a whole. But I don't necessarily think that this is justified because I think that we live in this reality where Oracle and Coree and those types of companies can go belly up or maybe not belly up but see significant weakness from all of the debt they're taking on and maybe their data center buildouts are not going to be nearly as profitable as they think or they won't realize as the market was expecting them to.” — ▶ 23:00

The YouTuber expresses concern about AMD's long-term margin potential due to its own customers, such as Amazon and Google, developing successful in-house chips (Tranium, TPUs) that compete directly with AMD's offerings. He suggests this trend could erode AMD's market dominance and profitability in the chip space.

“I'm talking about Google's TPUs and Amazon's tranium chips. And then also LLMs. I've been saying on my channel for quite some time. I think it's a commodity and as a consumer, I've actually never paid for an LLM yet and I've been getting by just fine.” — ▶ 17:25

The YouTuber advises avoiding Google stock at its current valuation, as it is trading at a 16-year high price-to-operating-cash-flow multiple of 25.2, significantly above its long-term average of 17.5. He argues that the stock's recent gains are primarily due to multiple expansion rather than fundamental growth, and an optimistic future is already priced in, requiring the company to double its operating cash flow in five years to justify the current price.

“I definitely would not be interested in buying Google stock at an all-time high price multiple which is where the stock is currently trading.” — ▶ 15:00

The YouTuber views Google as a more attractive investment than Tesla due to its current valuation not factoring in the potential upside of Waymo. He argues that Waymo is an insignificant part of Google's overall business, and if it succeeds, that upside is not priced into the stock, making it a less speculative and risky play compared to Tesla.

“Google is much less speculative and risky because it's underpinned by a highly profitable company. And if Whimo does end up working, then all of that upside isn't even priced into the stock today.” — ▶ 26:00

The YouTuber is considering trimming his Google position because its price-to-operating cash flow ratio is near all-time highs, similar to levels seen in 2021 before a two-year period of no returns. He notes that Google's recent stock price appreciation has been primarily due to multiple expansion rather than fundamental growth, and it is currently trading about 15% above its historical average valuation.

“I've even debated trimming some Google on my own because again last time Google was at this price it did nothing for two years.” — ▶ 3:00

The YouTuber recommends avoiding Open Door due to its current high valuation despite weak fundamentals. He notes that while the stock has surged, its revenue growth is stagnant, gross profits have declined year-over-year, and the company remains unprofitable with very low gross margins (8.2%). He calculates a price-to-gross-profit ratio of 14.2x, which he considers expensive given the lack of growth in key profitability metrics.

“So my opinion on open door is that it is extremely risky, extremely speculative and I don't think the fundamentals are backing up this share price movement at all.” — ▶ 17:50

The YouTuber uses Palantir as an example of a stock that is 'wildly overvalued' but has seen investors rewarded, leading to a disregard for valuation. He implies that this trend is unsustainable and that valuation will eventually matter again, making it an 'avoid' at current prices.

“I think Palanteer is probably the best example of a stock where a lot of investors got positive reinforcement for plowing money into something that is wildly overvalued and it worked out.” — ▶ 33:00

The YouTuber believes Palantir's stock is extremely expensive and risky at its current valuation, trading at 200 times free cash flow and 84 times sales. While the underlying business fundamentals are strong and growing, the stock price has largely been driven by multiple expansion and sentiment rather than fundamental growth. A reverse DCF analysis suggests the market is pricing in an overly optimistic 50% annual free cash flow growth for a mere 10% annual stock return, indicating a poor risk-reward profile.

“I do believe that Palantir stock is extremely expensive today and quite risky to put this in more perspective I ran a reverse discounted cash flow calculation to show you all what the market is currently pricing in to Palantir stock.” — ▶ 10:00

The YouTuber advises avoiding Palantir stock due to its current valuation, which he believes is excessively high. He argues that the market is pricing in 'absolute perfection' and requires 45% annual free cash flow growth for the next five years just to achieve average market returns. Even with strong growth, the current price makes the investment yield very low, similar to the overvaluation of Microsoft in 2000, which led to 16 years of no returns despite business growth.

“I definitely didn't [buy Palantir] you know it is risky today in my opinion.” — ▶ 24:00

The YouTuber advises avoiding Duolingo stock due to its high valuation, which prices in significant future growth (25% annual free cash flow growth for 5 years). He lacks conviction in the company's long-term moat, citing potential disruption from tech giants like Google entering the AI-powered language learning space, which could impact Duolingo's sustained growth.

“So personally I do not think that the SBC is a major issue or red flag for this business especially if it can continue to grow.” — ▶ 08:00

The YouTuber recommends avoiding McDonald's, citing its high valuation (P/E of 26, P/FCF of 32) relative to its modest profit growth (2.6% annually for operating cash flow, 4% for net income over the past decade). He believes these multiples are excessively high for a business with such low growth rates.

“That's an extremely high price. That is very very expensive.” — ▶ 38:40

The YouTuber includes Procter & Gamble in a list of stocks that are trading at 'ridiculously high prices' for their quality, aligning with Howard Marks' concern about the overvaluation of average companies in the US market.

“Proctor and Gamble is the same thing.” — ▶ 39:00

The YouTuber strongly advises against MSTY due to its extremely high risk profile. He highlights that it writes covered calls on MicroStrategy (MSTR), a company he considers highly risky due to its leveraged Bitcoin exposure. This strategy offers capped upside but full downside exposure, making it a dangerous investment despite its high dividend yield.

“So, what I want to say is just do not get enticed when you see companies or ETFs with extremely high dividend yields. And what I've noticed throughout my investing career is the higher the yield, the more sketchy the product probably is and the more skeptical you should be as an investor.” — ▶ 29:00

The YouTuber believes ASML is outside his circle of competence due to the complexity of its technology and the constant threat of competition. He also finds its current valuation, at 30 times operating income for projected 6-12% annual growth, to be too high, suggesting better opportunities exist elsewhere with lower multiples and higher growth rates.

“I also think a 30 price to operating income ratio for a business that is projecting to grow its operating income from about 6 to 12% over the next 5 years is a pretty high premium to pay.” — ▶ 10:40

The YouTuber is holding ASML, noting a recent report about China's potential breakthrough in EUV lithography. While he acknowledges this could impact ASML's China sales in the short term and potentially challenge its long-term moat if China's technology improves, he does not believe it is a current concern for investors.

“personally I do not think that this is something for ASML investors to worry about right now but it is something that I would pay attention to because if China can continue to develop this technology then again it could attack ASML's moat over the long term” — ▶ 42:00

The YouTuber sold HIMS due to new concerns about the company's business model operating in a regulatory loophole regarding mass compounding of drugs. He believes the FDA's regulations are clear that compounded drugs are not for mass production, and that the ongoing scrutiny from companies like Novo Nordisk and Eli Lilly could lead to lawsuits or regulatory changes that would significantly impact HIMS's business. This increased the perceived risk beyond his comfort level for a speculative position.

“I now believe that HIMS entire business is operating in a loophole and an extreme gray area that exists within the FDA's compounding regulations as they stand today. And I am not confident that this loophole is going to remain open forever.” — ▶ 13:50

The YouTuber is holding HIMS due to its strong Q1 earnings, significant revenue and cash flow growth, and a healthy balance sheet. He believes the current valuation is fair, trading at approximately 20 times annualized operating cash flow, which is reasonable for a company projecting 60-70% revenue growth in 2025 and 22% CAGR to 2030. However, he acknowledges the stock's speculative nature and potential long-term moat concerns due to competition, keeping it a small position in his portfolio.

“So, for me, I think HIMS is a hold in my portfolio. I'm not looking to buy or sell this one at the moment, but if that changes, I'll definitely let everyone know.” — ▶ Watch clip

The YouTuber is holding his Hims shares, citing strong momentum in app downloads, significant revenue growth projections (60% for 2025), expanding profit margins, and a growing operating cash flow that outpaces stock-based compensation. He believes the company has high profit potential and that the market is underpricing its future growth, with a fair value potentially around $55 per share.

“This is a business that has gone through a lot of drama though but it is still projecting strong growth this year and it's growing insanely well so I am going to continue hanging on to my shares as I am happy with my current allocation to the stock and I don't really see any reason to sell it” — ▶ 29:50

The YouTuber is holding HIMS despite a 26% drop due to the FDA removing semaglutide from its shortage list. He argues the market is overreacting, as HIMS's non-GLP-1 business is still growing rapidly (46% YoY), and there's a strong case HIMS can continue compounding semaglutide for personalized patient needs due to significantly improved patient outcomes (70% retention vs. 15% for traditional GLP-1s). A DCF analysis suggests the stock is undervalued, pricing in only 15% annual free cash flow growth, while the company has historically grown revenue over 40% annually.

“I do not plan on selling any of my hyms shares and I really just want to see what the company is going to report and its earnings results on Monday after the close.” — ▶ 16:00

The YouTuber believes Hims is still not overvalued despite an 80% run, citing strong fundamentals like 90% year-over-year revenue growth, high gross margins, a strong balance sheet, and a low price-to-free cash flow multiple of 17 when he initially bought. He projects a fair value of $59 per share based on a discounted cash flow model assuming 20% annual free cash flow growth and a 25x price-to-free cash flow multiple, suggesting continued upside.

“in my opinion surprisingly I don't think that HS is looking overvalued in the market yet I simply think that the stock was so undervalued at around $25 per share that it's still arguably looking not expensive in the market today even after an 80% run” — ▶ 10:00

The YouTuber recently purchased Hims stock, citing its rapid revenue growth (90% YoY) and a valuation of approximately 16 times free cash flow, which he believes is a significant disconnect for a high-growth company. He highlights the strong balance sheet, high gross margins, and the potential for increased free cash flow if marketing expenses are reduced in the future. He also addresses concerns about GLP-1 drug reliance, arguing that non-GLP-1 revenue growth is robust.

“I just purchased a new stock that's growing its revenues by roughly 90% year-over-year and trading for about 16 times free cash flow this is one of the largest disconnects I have ever seen between growth and price in the stock market.” — ▶ 00:00:00

The YouTuber argues that Hims is significantly undervalued, trading at 13 times free cash flow while growing revenue at 70-90% year-over-year. He highlights strong financial performance, including accelerating revenue growth, positive and growing free cash flow, a strong balance sheet, and high customer retention, despite market concerns about its moat due to Amazon's entry.

“I do think that financially again it is looking stupid cheap.” — ▶ 14:00

The YouTuber believes Brookfield Renewable (BEP) is still an attractive stock, especially for income investors, due to its exposure to the growing nuclear energy sector through Westinghouse. However, he personally prefers Brookfield Corporation for its focus on reinvesting cash flows for growth rather than dividends.

“But in general, I do personally think that BEP is still an attractive stock, especially for the income.” — ▶ 29:50

The YouTuber argues that Brookfield Renewable Partners (BEP) is significantly undervalued, trading at a decade-low price-to-EBITDA multiple despite consistent growth in revenue, EBITDA, and FFO. He highlights the company's strong dividend yield of nearly 7% and projected 10% annual FFO growth, driven by increasing demand for renewable energy from corporations like Microsoft. He believes the market is overly bearish on renewables, creating a buying opportunity for a high-quality, diversified asset.

“BE in my opinion is looking extremely cheap in the market right now and it's looking like it could offer some pretty high returns going forward because think about it this business is offering a 7% dividend yield on cost right now.” — ▶ 16:00

The YouTuber sold his position in Equitable Bank (EQB) due to consistent earnings misses and declining financial performance, despite management's assurances. He notes that the company's earnings per share have been flat for five years, loss ratios are increasing, and its market position is being eroded by competitors like Wealth Simple, indicating a deterioration of fundamentals.

“So, this is a company that said, 'Hey, 2024 was a one-off. It's not going to happen again.' Now, we're in the second quarter of 2025, and earnings dropped by 20% year-over-year. So, the company is not just having another 2024. It's looking like so far 2025 is actually even worse.” — ▶ 41:00

The YouTuber is becoming more bearish on Airbnb (ABNB) and is not interested in owning the stock. He believes the company's recent 'summer launch' was underwhelming and that their new services are an ill-advised attempt to compete with Google, which he expects to fail and not materially impact revenue.

“So, I personally am not really interested in Airbnb stock. It's trading for about 19 times cash flows today, which arguably is not that expensive, but I just don't agree with the direction the company is going in.” — ▶ 36:00

The YouTuber advises avoiding Quantum Computing Inc. (QUBT) despite recent hype, citing extremely poor fundamentals. The company has minimal revenue, significant operating losses, and a high price-to-sales ratio, suggesting its valuation is driven by speculation rather than business performance.

“This company has basically no revenues. It's losing $23 million per year. It's burning through its cash position, but yet it has a $2 billion market cap in my opinion because it's its company name is literally quantum computing.” — ▶ 20:50

The YouTuber believes FICO is significantly overvalued, trading at 63 times free cash flow, which is double its historical average of 32 times. Despite acknowledging its monopolistic position and high margins, he argues that the current valuation is too high, especially when compared to better-valued international opportunities. He would only consider buying if the stock dropped by another 50%.

“So just because the stock is in a slight correction of about 25% does not immediately mean that the business is looking cheap. And I think that well what I've noticed is that there has been this phenomenon that's happened in the US markets especially over the past few years where people are willing to pay extremely high prices for businesses.” — ▶ 26:00

The YouTuber advises avoiding United Health due to significant uncertainty surrounding the business. This includes a lowered 2025 guidance, the CEO's unexpected resignation, complete withdrawal of guidance, multiple lawsuits for securities fraud, and potential regulatory changes from the Trump administration. While the stock is down significantly, the future profit potential and impact of these issues are unclear, making it too risky for the investor.

“But with United Health, the stock is down 50%. But I don't feel certain at all about the future of this business, what the new administration is going to do to it, how this is going to impact them. And with the lawsuits that United Health is also facing, I just don't think that anyone can know for certain how this is all going to play out or where the cards are going to fall when everything is over and done with.” — ▶ 20:00

The YouTuber strongly advises avoiding Newsmax due to its dire financial situation, including significant operating losses, substantial settlement liabilities, and more current liabilities than current assets. He believes the company is at high risk of bankruptcy and that its recent IPO was primarily to cover these debts, making it a 'dumpster fire' despite its initial stock surge.

“this thing looks like an absolute dumpster fire and like a stock that I would avoid like the freaking plague” — ▶ 10:40

The YouTuber is avoiding Nike stock, citing declining revenues across all regions, falling gross margins, and increasing competition from brands like On and Lululemon. He believes the stock is still expensive at a 22 P/E ratio given its declining growth and market share losses, and he generally avoids the apparel industry due to its unpredictability.

“i simply think that there are much better stocks in the market right now i also do not invest in the apparel industry because I don't know what brands consumers are going to want to be wearing 10 years out into the future” — ▶ 10:00

The YouTuber expresses skepticism about Bill Ackman's purchase of Nike, stating that he does not find the stock attractive. He notes Nike's revenue and operating income are declining, with management projecting further mid-single-digit revenue declines for fiscal 2025. Despite a 53% drop from its highs, he believes the current price-to-free cash flow of 18.4 is still too high for a company with declining sales, especially given the unpredictable nature of the fashion industry and Nike's potential loss of market share.

“To me personally I do not think that Nike stock is looking quite attractive yet and I don't actually know where I would be buying it or if this is ever a stock that I would want to be buying because I think that the fashion industry is incredibly hard to predict.” — ▶ 27:00

The YouTuber states that while Nike's stock appears cheap relative to historical operating income multiples, the business is facing significant headwinds with projected revenue declines in 2025. He also expresses a lack of understanding of long-term consumer brand trends and moats, making it outside his circle of competence. He believes the stock is still on the expensive side and doesn't offer a sufficient margin of safety.

“it's not a buy for me I do still think that it is a little bit more on the expensive end I don't think that it is offering a massive margin of safety today” — ▶ 20:00

The YouTuber believes Apple is significantly overvalued compared to its peers (Google, Amazon, Microsoft) based on its price-to-operating cash flow multiple of 29. He notes it's the slowest-growing company in the group, making its high valuation unjustified.

“in my opinion I think that apple is the most expensive company out of this group by far and I don't think that it is looking cheap by any means” — ▶ 11:00

The YouTuber argues that NMIH is undervalued relative to its peers, trading at a P/E of 7.8 despite significantly outperforming them in revenue and earnings growth (18% annually). The company also boasts the lowest operating expenses and expense ratio in its industry, indicating high profit margins and efficient operations. The market for mortgage origination is projected to grow, providing a tailwind for NMIH.

“I think that this stock does look extremely cheap in the market today. I don't know what it's going to take for its multiple to expand going forward but it the underlying fundamentals of this business are performing very well.” — ▶ 13:00

The YouTuber believes IESC is attractive due to its strong growth in revenue and earnings, outperforming competitors in the electrical construction industry. Despite a 45% correction from its highs, it trades at a lower P/E (15) compared to peers. The company benefits from tailwinds in data center construction and residential housing, and has a strong balance sheet.

“This tells us that iesc is trading for the lowest PE ratio despite it having the most historical growth and therefore I think that iesc is looking cheap relative to its peers in the electrical con construction industry and it's also looking cheap relative to its own history.” — ▶ 22:50

The YouTuber highlights KSPI's phenomenal Q4 earnings, with revenue and net income growing 28% year-over-year, and a projected 20% growth for 2025. The company's super app model shows strong customer engagement and diversification across payments, marketplace, and fintech. Despite this growth and high insider ownership, it trades at a low P/E of 9.4, though the YouTuber notes geopolitical risks in its primary markets.

“This company is trading for under 10 times earnings despite growing its Revenue by over 30% annually and growing its earnings by over 40% annually over the past 6 years.” — ▶ 33:50

The YouTuber is actively buying Go Easy, a Canadian stock, due to its strong fundamentals and attractive valuation. The company is growing revenue, operating income, and net income, while its share price has recently declined, resulting in a low price-to-earnings ratio (under 10) and a 10% earnings yield. Analysts project significant EPS growth, and insiders are also buying shares.

“I am continuing to buy stocks like go easy there's a handful of stocks in the market that I do still think are cheap” — ▶ 20:40

The YouTuber advises avoiding D-Wave Quantum Inc. despite a recent 300% stock price surge, citing poor fundamentals. The company has low revenue, significant operating cash flow losses, limited cash reserves, and an extremely high price-to-sales ratio, suggesting it's fueled by hype rather than sustainable growth.

“in my opinion this looks like an extremely extremely risky stock and if I were this business with my share price up 300% over the past month I would be diluting so much right now to cash up my business” — ▶ 16:00

The YouTuber believes Evolution Gaming is looking cheap, trading at a price to free cash flow of 16, which he considers low for a business with its long-term growth potential. He acknowledges recent growth slowdowns and market skepticism but points to its highly profitable nature, clean balance sheet, and historical growth track record as reasons for optimism.

“I do think that evolution is potentially looking interesting in the market today and potentially looking like it is a cheap stock as well.” — ▶ 22:50

The YouTuber recommends Evolution AB, a B2B casino solutions provider, noting its significant correction of 47% from all-time highs. The company is highly profitable, growing revenue at 16% annually (outpacing industry growth), and trades at a price-to-free cash flow of 19, which is well below its historical average of 38.6 and near its lowest ever. Even with pessimistic growth assumptions, it is projected to deliver market-beating returns.

“a 19 price to free cash flow for a business that is this profitable and growing its revenues at 16% annually I do think looks like a very attractive stock” — ▶ 11:50

The YouTuber suggests Lanthus Holdings is an interesting and potentially cheap stock, trading at a price to free cash flow of 14.1 despite its revenue hitting an all-time high and growing at 18% year-over-year. He highlights its strong balance sheet and the potential for future growth through new product development, similar to the success of its Polary product.

“This stock in my opinion is looking interesting and potentially cheap in the market today.” — ▶ 33:50

The YouTuber expresses skepticism about Celsius's future growth prospects, noting a significant slowdown in revenue growth, declining market share, and strong competition from established brands like Red Bull and Monster. While acknowledging a strong balance sheet and good management, he is not convinced the company can maintain high growth rates or become the dominant energy drink, making it unattractive for his portfolio.

“I'm not entirely sold on the future of this business. I have no idea if its growth rates are going to kick back up or they will or if the company's going to continue taking market share from Red Bull this one is just very far out of my personal circle of competence so I'm not really interested in adding it to my portfolio at the moment.” — ▶ 15:00

The YouTuber reiterates his long-standing bullish stance on Alibaba, citing its aggressive share buyback program (reducing shares outstanding by 2.1% in the last quarter) and a 1% dividend, returning significant capital to shareholders. He emphasizes Alibaba's market-leading positions in Chinese e-commerce and cloud computing, with its cloud segment poised for strong growth due to increasing AI demand. Factoring in its $60 billion net cash balance, he estimates the stock trades at a very cheap 6-7 times earnings, making it an attractive long-term investment.

“Alibaba is set up to continue growing strong and well over the longterm in China and I think that the business's price was absurdly cheap over the past couple of years and I do still believe that the stock is cheap today” — ▶ 40:40

The YouTuber is holding Alibaba, believing it is significantly undervalued despite recent declines in profitability metrics. He highlights the company's strong cash position, aggressive share buybacks, and the rapid growth and increasing profitability of its Cloud business, especially in AI-related products. He also points to Alibaba's dominant market share in China's public cloud market, which is projected for substantial growth, and argues that the stock already prices in the 'China risk'.

“I do still believe that Alibaba is cheap in the stock market today and I am going to be holding the position in my portfolio.” — ▶ 17:00

The YouTuber believes Alibaba is very cheap, trading at a price-to-free cash flow of 8.24 (12.13% yield). He highlights recent strategic moves like raising $4.5 billion at 0.5% interest to fund share buybacks at a 12% free cash flow yield, and aggressive share repurchases reducing the share count by 9% annually. With a new CEO focused on long-term profitability and a dominant position in the rapidly growing Chinese cloud market, he expects market-beating returns even with pessimistic free cash flow growth assumptions.

“at an eight price to free cash flow I don't think that any of this growth is currently being priced in to Alibaba stock at all” — ▶ 33:50

The YouTuber highlights Comfort Systems USA as a serial acquirer in the mechanical, electrical, and plumbing building services sector with a history of strong capital allocation and shareholder value creation. He notes its consistently growing construction backlog, 25 consecutive years of positive free cash flow, a strong balance sheet with low debt, and a dividend that has increased for 12 consecutive years. Despite trading above its historical price-to-free cash flow average, he argues the current 22.6 multiple is fair given its accelerating growth, with free cash flow compounding at 38.6% annually over the past decade.

“a 22 price to free cash flow for a business that seems to have a very strong balance sheet a good management team a history of doing great Acquisitions and is seeing very strong growth I don't think is that insane and I do actually think that this is quite a fair price for such a highquality business” — ▶ 31:50

The YouTuber argues that Chipotle Mexican Grill is significantly overvalued, trading at a price-to-free cash flow of 55.8, which is too high for a business with 12% annual revenue growth. He notes that Bill Ackman initially bought CMG when it was cheap due to negative sentiment, but now its high valuation reflects widespread investor interest, making it a prime candidate for selling to fund new positions.

“If I were Bill Ackman and I was looking for a stock to sell to raise some funds to buy a new position, Chipotle Mexican Grill would definitely be number one on the chopping block simply because of how expensive the stock is today.” — ▶ 7:00

The YouTuber believes Qualys is undervalued, trading at a historically low price-to-free cash flow ratio of 20, which is cheaper than during the 2020 crash. Despite a projected slowdown in revenue growth to 8-10% for 2024, the company maintains high profitability, a strong balance sheet, and is expected to deliver market-beating returns even with conservative growth estimates. The current correction of 32% from all-time highs presents an attractive entry point.

“it's actually cheaper right now on a price to free cash flow basis than it was during the stock market crash of 2020 so it seems like the market is actually quite bearish towards this company right now” — ▶ 06:00