Stocks with Significant Upside Potential: September 2024 Edition

Introduction

• Monthly video series covering stocks to buy now as of September 2024.
• Public account value under $2.3 million.
• Focus: Stocks with immense upside in the coming years.
• Reminder to subscribe and join the private stock group for more insights.

Stock 1: The Planet

• Current Price: ~50 cents, potential to become a $5-$10 stock.
• History & Challenges:
  • Opened a superstore in late 2018 in Las Vegas.
  • Forced closure in 2020 due to pandemic.
  • Shift to delivery and local market; rebounded post-closure.
  • Faced a price war and inflation issues in 2022-2023.
  • Stability and growth resumed in 2024.
• Growth Drivers:
  • Dazed consumption lounge boosting traffic.
  • $10 tattoo service attracting more visitors.
  • Strategic space utilization (museum, events).
  • Expansion in Florida; 27th store opening.
  • Own brands (e.g., Haha, Dreamland Chocolates) potential greater than store expansion.
• Legalization Impact:
  • Potential federal legalization could provide significant industry growth.
  • Tax rescheduling by the DEA to enhance profitability.

Stock 2: Nike

• Target Price: $150+ long-term.
• Current Situation:
  • Stock down 2% over past 5 years.
  • Affected by stimulus end, consumer inflation, China slowdown, competition from Lululemon and Hoka.
• Opportunity:
  • Strong global brand value.
  • Inflation rates normalizing worldwide.
  • Competitors facing their own challenges.
  • Rich P/E ratio correction.
  • Expected average growth of 7% in 2025-2028.
  • Anticipated to outperform S&P 500.

Stock 3: Wynn Resorts

• Current Price: $76, potential to exceed $200 long-term.
• Background:
  • Founded by Steve Wynn, legendary in the resort industry.
  • Known for high-quality, luxurious properties.
• Challenges:
  • Faced closures during the pandemic.
  • Navigating high Federal Reserve rate environment.
• Growth Potential:
  • Recovery from pandemic closures is strong.
  • New Middle East property and potential New York City property.
  • High EBITDA and attractive valuation.
• Future Outlook:
  • Expected significant outperformance vs. S&P 500 from 2025-2029.

Stock 4: SoFi Technologies

• Nickname: Mr. Limitless.
• Current Price: ~$7.
• Growth Prospects:
  • Massive long-term potential (10-20 years outlook).
  • Significant member growth; on track to become a major banking entity.
  • Tech platform Galileo enhancing its fintech presence.
  • Impressive trailing 12-month revenue growth.
  • Transition to profitability.
• Strategic Vision:
  • Focused on capturing Millennials, Gen Z, and Gen Alpha.
  • Long-term goal to become one of the largest banks.

Conclusion

• Encouragement to join private stock group for more guidance and insights.
• Emphasis on making confident investment decisions.