Transcript for:
4 Stock I’m Buying Now | September 2024‼️

I hope you're ready to get into some stocks I have some insane upside ahead over the next few years four stocks I'm buying now September 2024 Edition welcome in folks I do this video for you guys each and every month getting into the stocks that I'm planning on buying in the current month which now is September of 2024 going into this month public count little under $2.3 million feeling very good very happy going into September here things are looking pretty darn good overall for the positions I'm in and uh got some insane upside stocks here to share with you in this video and why these stocks have such immense upside over the next few years I appreciate y'all joining me as always and if you didn't see it in the first part of the video all I need from you guys for this video here today is to smash that like button and hit the Subscribe button if you're not already subscribed okay listen if you need help on all this stuff we're getting in here to here today you need help understanding balance sheets income statements getting more confident when making your decisions out there right all those sorts of things if you feel like you're just gambling money in the market right and you need to feel like confident like confidence like I have when I go to start a position then check out the pin comment down there you can click on that fill an application and join my private stock group my private wealth group and also get access to THX stocks.com okay we see if we can get you access to that maybe next week or the week after all right guys so first stock up here of these four stocks that has some pretty insane upside ahead is the planet the time has come for this stock once again to begin to Rise From the Ashes and oh baby is this one going to be a fun ride okay this is a stock that I believe is going to be a $5 to $10 stock long term in regards to this one and it's 50 something cents here today okay now the planet is a company that this year has basically pulled a reverse UNO card this is a company that it looked like everything was just going bad and bad and bad and bad for this company and this year as this year has transpired they basically pulled this reverse UNO card and everything is starting to switch POS POS L for the company thing after thing after thing and this is going to continue on through the end of this year and it's absolutely magnificent okay now in order to understand why this company has so much upside ahe you got to understand the history behind this company it all started with this store that opened in late 2018 this is a Superstore for Jack Jackson If You Don't Know Jack Jackson You'll Know Jack Jackson by the end of this video okay and this particular product obviously is insanely popular we all know that right we do have legalization going on out there state by state by state we'll speak about Federal legalization in this video as well okay but basically this super store one of the most exciting things probably I mean the most exciting store to ever open in the history of this particular space right right right outside the Las Vegas Strip right right behind Fashion Show Mall you know very close to the win and the Encore and some of the best properties on the Las Vegas Strip it's all within walking distance that so the store opens very exciting the business starts building right right and then suddenly they're forced to be closed down in 2020 the government said Hey listen you guys got to close your store we're closing the entire Los Vegas strip something you never thought could happen you always think about recessions and these sorts of things what about no one's allowed to come right that's really fascinating and so a lot of people thought this company was going to go bankrupt in 2020 because of that right well the company pivoted to delivery they pivoted to the more local market and then when they did open back up business started to build again then the bu business went absolutely crazy at the end of 2020 and into 2021 we all know those days they were the stimulus days massive amounts of Drive-In traffic from California and the business went I I mean to to stratospheric levels the lines to get in were ridiculous right then 2022 and 2023 happened which were absolutely brutal for the business the stimulus money went away and then there was a price War inside the state of Nevada for this different Market margins got hit business got hit obviously the consumer got destroyed by inflation it was ugly ugly ugly now what we've seen in the first half of 2024 is stability in the business model and getting back to growth in the second half we're going to see crazy growth coming for this company I mean crazy growth and there's a few different reasons for that one is it starts with the superstore they have in the m in the past like few months they've completely transformed the superstore from a place that was like moderately busy to all of sudden now it is like packed pretty much day in and day out and the reason being is back in the Springtime they open this dazed consumption Lounge which think of it kind of as a bar butt for Jack Jackson okay and so you go in there you're able to have a server your order products and actually enjoy those products right inside there because it's actually illegal to use a product on the Strip people still do to use it but it's actually illegal to do that and so thisday consumption Lance is driving a lot of traffic to the to the property and it's driving a lot more money to be spent inside the property additionally they open up this tattoo $10 tattoo to place which is driving a lot of traffic on the latest conference call they mentioned somewhere around like 200 plus tattoos they're doing inside this uh particular uh tattoo par that's inside the planet now at this point in time so it's just driving ridiculous amounts of foot traffic and the planet has a lot of other things they got a bar inside there they got obviously restaurants and all and obviously the product floor right this is that consumption Lounge you go through this fun little telephone booth right and this is a line to get inside and they're starting to take reservations as well that business Contin to build but then back here you have an immense amount more of space essentially and they're starting to get really smart with how they're using this space so they got this kind of like um almost like a museum that's going to be opening likely at the end of this year which is going to drive a lot more traffic into the location as well and then back here I've heard they doing everything from like some different UFC fight press conferences and different things back here which is all just stuff driving more and more attention to this property more and more traffic to this property and people ultimately to buy stuff from your property right and then obviously they had their sales floor which is pretty much set up to do unlimited amount of of transactions I mean that that sales floor is is one of a kind you'll never find a sales floor like that for the Jack Jackson product anywhere in the world just you can go to any Jack Jackson store in the world you will never find something like that it is incredible right and so that sales floor I mean the bottom line is a planet's just got to continue to get more and more traffic into the store because the floor will do more and more traffic and and it's it's literally could hold anything like they they could do any numbers there right they do these smart little things like they have you know Folks at food trucks and whatnot that sell out front all this stuff just drives Revenue drives traffic into the store and I've been keeping kind of track recently kind of looking at the store right and what I'm seeing is continually the store is as the busiest I've seen it since the end of 2020 and and into the um let's call it the the first part of 2021 I haven't seen it this you know that busy since then essentially right and what we're seeing is just massive amount of taxis driving in constantly Ubers lifts people getting dropped off people driving in their cars it is phenomenal to see absolutely phenomenal so that location itself is going to start putting up some crazy growth numbers and no one's really expecting that right and it's the type of stuff that you would only know that's even going on if you're doing like what I'm doing and basically tracking like like what's going on here with the traffic and I'm seeing it and just wait till the the next quarter numbers you'll start to see it in the numbers like wo like this is fundamentally changed you already got a glimpse of it this past quarter just wait till it's next quarter you're going to be your socks are going to be knocked off okay so the moral of the story regarding the Vegas Superstore is we're back and I think that it's building stronger than ever because now we're not counting on oh everybody needs stimulus to come to Planet no now we're building a sustainable Superstore experience that's going to be able to put up ridiculous numbers quarter in and quarter out year in and year out regardless if there's stimulus no stimulus anything like that right now Additionally the Florida opportunities just opened up for this company obviously they made a big acquisition that closed here recently they just announced they're going to be opening their 27th store I believe they're going to be over 30 here very soon and so that Florida opportunity is is massive I mean absolutely massive for the planet and this could end up being a much bigger opportunity than even the the the Vegas Superstore which the Vegas superstor has so much volume it's so massive it's so important that it's hard to think of anything bigger than that but these these smaller locations in Florida are going to end up likely being way bigger they have their Illinois um property as well which I heard's off to actually a pretty decent start it sound like they're pretty optimistic in regards to that on the conference call then they have the Orange County location Superstore which has been a very big disappointment for the company this was really their first major expansion and um California has a lot of issues I think we all know that uh around taxes around a lot of different things okay so the Orange County Market's been tough but according to what I heard on from the CF last couple quarters is that that that store's finally gotten into a round break even and they should start to build from here so that's exciting but the own Brands opportunity you got to understand for this company could end up being bigger than all the store opportuni so you look at all these stores they've got open now in Florida you think about the superstore right at the end of the day this might end up being the bigger thing for the company Long Term is their own Brands these the haha brand that they own Dreamland chocolates they own a bunch of these different brands the the different flower products they have these particular products I mean think of it as you know if you think about like the liquor industry right you could operate a bunch of bars and that's cool right you can make a bunch of money off that imagine you're like a Yard House you own the Yard House right uh you own okay you make a bunch of money off that but what if you own all the liquor brands that are sold into all the bars right and all the popular beer brands that are sold into the bars that's a way bigger opportunity right way more money to be made there and so if we think about what the long-term biggest thing for the company I think these own Brands because they might end up owning the Jack Daniels of Jack Jackson right they might end up owning the Budweiser and the Michelob of these particular products over the coming years I don't think there's anybody well more well positioned cuz you got to remember they're building out their store footprint in such a massive way guess what brands are going to likely feature the most at their stores do you think they'd rather feature somebody else's brand or feature their Brand number one right of course they're going to you know they're going to feature other people's Brands as well but believe me there's always going to be be a preference to their brands right so then people get accustomed to ordering these particular products from the planet right so it's absolutely genius now we got to talk about the legalization subject it's a very big subject now we know if there's a party that's always kind of pushed back against legalization it's always kind of been the Republican party but it looks like the leader of the party is really starting to get on board with legal legalizing this product Trump backs Jack Jackson legalization in Florida if done correctly and it's seems like listen to the commentary coming out of trump it seems like honestly he's flipping over to wanting legalization overall which I can tell you is a big change for that party cuz that particular party has never really been on board with legalization of this product but when the big dog when the leader of the party is starting to say we're going to move this direction everybody's going to have to move that direction right then the other side in terms of the other candidate right Harris you know obviously she's for legalizing this product as well so I think regardless of of who wins the election uh whether it's Trump or whether it's Harris I think legalization looks very high probability that's going to play out and I'm talking Federal legalization I'm not just talking about medical I'm talking about recreational as well which is going to be a pretty big opportunity right and remember this this industry becomes more and more important if you speak about an unemployment cycle starting to happen right we've seen recently unemployment starting to go up and up and up guess what this is a massive industry if you legalize this product you're going to create a lot more jobs a lot more jobs now additionally recently there was some bad news that came out in regards to the DEA pushing off the rescheduling of Jag Jackson they push that out a little bit right and so they're likely going to start up again again in December after the new after the election's done which is kind of disappointing but you know government they always kind of move slow in these things but this is a major change when that does happen and it is going to happen in my opinion because it's 280e and it's going to completely change the tax profile of these particular companies and it's going to almost overnight make these companies immensely more profitable than what they are right now okay because there's a bunch of different tax changes that happen when the rescheduling happens so the moment that happens they're they overnight their tax profiles completely change to become much more profitable companies and that's going to help out the space in a massive way uh the problem is there's going to be a lot of companies that have already gone BK by that particular time the planet likely won't be one of them cuz they're one of the few that are actually well capitalized to get through this storm right now addition Al if you look at kind of what analysts are looking at here they're expecting around 28% Revenue growth this year and 39% I think in regards to this year and next year I think anals are way too low I think minimum 10 percentage points higher like this year I'm expecting at least uh 38 to 45% growth based upon what I'm seeing from that Superstore in Vegas along with the Florida opportunity right and then next year I think closer to 50% Revenue growth for this company if not higher than that so I believe the analysts are way too low and I believe people are going to get their stocks knocked off when they realize the growth rates here so my my kind of looking at the planet here is this stocks a buy and a Buy in September and October then we're going to see how the numbers look in November I think by the time those November numbers hit there's going to start to be so much hype that starts to build around the stock is going to be ridiculous cuz I don't think anybody is ready for the sorts of Revenue growth numbers this company's going to start putting up starting in November I think it's going to shock people and so we'll see what the numbers are and then might continue to buy in December January and febru now the important thing to remember about the plan it's a speculative stock so you got to watch sizing in regards to this I keep planning as a smaller position for me relative compared to you know let's call it much bigger companies that are see seen as safer right this is an under $1 stock so I'm going to watch my position sizing I'm not going to get too over leverag in this one I'd much rather look at the planet 5 years from now and be like oh I should have bought so many more shares I should have put so much more money in it cuz look at how much money I made I made a 10x whatever right then situation where I put too much money and then I look back and I'm like oh why did I put all that money the management team ended up screwing up this and that and this and that right so far the management team's done a heck of a job getting through some big storms and out to the other side each time right and um I think it's going to be a very fun next few years we'll see but got to watch my position sizing on it got to keep it small relative and hopefully it grows into become a massive position I've had a lot of those stocks over time right elf's a great example elf has never a big position but it became a big position because it went up so much Tesla's a great example Tesla was never a big position for me but because it went up so much it ended up becoming a big position for me so got to watch sizing here but man I think it's uh pretty appetizing and the time has come baby the time for the planet to shine has come once again stock number two of these four stocks is just do it Nike Nike stock okay I've been buying the stock almost every single week for like the last several months okay this is a stock that I believe is going to be $150 plus long term and I believe the stock is completely drisk now at this point in time does that it can't go down in the short term for a month or two no that's sure that can always happen right but in terms of talking about D risk it's like the big moves already happened in the stock in regards to down right and so I look at the stock in the 70s and 80s buy byy byy now important you understand this about the Nike story this is one of the greatest brands in the history of mankind right and what we're looking at right now in front of you is this is like the top 15 big Global brands that the most valuable out there right and the companies you would expect to be on this list are on this list right Apple Microsoft Amazon Google Samsung Toyota Mercedes-Benz Coca-Cola Nike BMW Mercedes Tesla Disney Louis Vuitton Cisco these are sorts of companies you would expect to be the most valuable Global brands in the world right how many of these companies do you ever get at a significant discount doesn't happen very often right because these are the most well-known most respected most valuable brands in the world so when you get those opportunities you better take advantage and this is a crazy rare opportunity in regards to Nike stock to make a lot of easy money here the stock's down 2% in the past 5 years that like never happens with Nike like on a 5year basis for the stock to be negative this is a rare rare opportunity no you got to understand how did Nike get to this position like it doesn't just magically go down 2% over a 5year basis right it got here for certain reasons it got into the hurricane for certain reasons and it was a in order to get Nike stock to go down 2% over 5 years you need like a perfect storm of all different things happening simultaneously to get this company like this to go down 2% in a 5-year basis right so one obviously 20120 2021 we had crazy stimulus pumped out there we all know what it was right and the stimulus ran out in 2022 then inflation destroyed the under 75k a year consumer people that make 75k or less a year which is a huge segment in that you remember when you talking about a big global company like Nike that's a company that everybody's our customer whether it's the kid that works a minimum wage job whether it's the guy that drives a trash truck and makes $65,000 a year or whether it's the um I don't know uh stock market YouTuber named Jeremy he wears Nike as well right like like everybody can be Nike customer base and so this is a huge segment of Nike's customer base that got destroyed 2022 2023 2024 by inflation that went to levels that we have never seen in really most people's adult lives have never seen that sort of of inflation and it hurt the consumer bad right and so that hurts Nike at the end of the day then you had the China slowdown on top of that China's slowdown has been a bad situation then we always think about inflation as just like a United States thing or if you live in Europe you think about it as a European thing this a worldwide phenomenon that's very negatively affected a lot of consumers out there right around the whole world because it's not like it's just like inflation only affects one country no it affects everybody in some countries it gotten hit way worse in the United States actually we had it good compared to some of these countries is horrible right then you had competition from Lulu Lemon on Hoka Lulu would be more on the clothing space on and Hoka would be more on the Sho side right competition is always a little bit of a weak excuse in my personal opinion but there's no doubt that was a situation that played out right then you had very slow Innovation from this company in 2021 through 2023 which when I say slow Innovation I'm talking on the product side and the marketing side right and then you had a very rich PE on the stock you go back to the PE Ratio the stock was around 2021 it was very rich right and that's how you get a stock down on a 5year basis fascinating right now we got to say how many of these things are still going on right now and into 2025 well the stimulus stuff that's gone now right that's a story that played out that obviously started to negatively affect the company's numbers in 22 and obviously very affected them negatively in 23 right that's that's an over story now inflation destroying the consumer that's no longer going on right inflation is at normal rates now we're in the twos which is where it should be that's not an issue that's good China slow down I think that's still a question mark right China is going to be China right worldwide inflation problem that's starting to end as well around the world if you look at inflation rates really around the world that's starting to come to an end so that's good for Nike competition from Lulu on Hoka I think that's still a little ongoing but we'll look at that on a caseby Case basis slow Innovation I think that's over now when I'm looking at Nike's product Innovation they started have they've started to come out with here recently over the past few months their marketing campaigns are top tier like I was watching a lot of their Olympic marketing campaigns which is always an important time for their marketing you know some of the best Nike marketing I've seen in years for that company and so that's definitely changed and the rich Fe is long gone with the stock now right and so the majority of these problems that caus a stock to go down 2% over the past 5 years are now gone right now let's speak about competition Lulu this company is having a lot of its own problems now right the stocks almost been cut in half this year horrible performance obviously from Lulu and keep in mind their us numbers just went negative for the company which is something people thought could never happen in regards to Lulu so Lulu's in a Lulu's got issues like real systemic issues the only thing that's saving them right now is kind of their international business CU they're so new international that that business is growing very nicely but I'm telling you Lulu's got a lot of issues that they got to work through to try to save the US business cuz that's going negative now for the company right now as far as on goes there's no problems yet in regards to on on numbers look very very good right keep in mind I I don't like using competition as an excuse because even you look at a company like On's Revenue so small compared to somebody like a Nike right if we look at hok's numbers Hokah numbers are great Hoka brand net sales increased around 30% in their most recent quarters no problems in regards to Hoka yet either and you see me keep using the term yet right and the reason I keep using the problem the word yet is because they don't have problems yet they are going to have problems On's going to run into a lot of problems and hul is going to run into a lot of problems you know why because they all do and they always do right think about all birds all birds was all the hype a few years ago everybody in their Grandma talking about getting all birds shoes man if you lived in Silicon Valley San Francisco area it was like everybody wanted thing all Bird shoes right that Stock's gone down 97% in the past 5 years and there's a lot of talk that old birds could end up going bankrupt right and a few years ago you just never could have thought that was possible cuz the company was just you know this incredible Growth Company right under armour has gone down 58% in the past 5 years we think Nike's done horrible over the past 5 years down 2% under Armor's down 58% in the past 5 years man was under arour all the hype many years ago right and obviously those days are long gone and so when you think about these ons and these hokas I have no fear of them long term because they will fail they always they all fail man they all end up failing when it's all said and done they over they over expand they over distribute and then what they end up doing they produce too much product they start having a discount they brand start stops being as cool they don't put as much money into their brands as they should be putting in their brands they start opening retail locations that starts cos them a bunch of money and these Brands they all go through the same cycle and they always fail and they it's just just the way it is right no if we look at THX stocks.com here this shows you this is our fancy new valuation tool right which you can adjust the revenue growth rates the net income growth rates for the company and the PE ratios of the company right on a low and high end so what I did for Nike here is I think Nike in 2025 through 2028 is going to grow revenue on average about 7% a year right I think that's a very fair number you know could they grow a little faster than that some years like 10 12% sure could they grow so slower than that sure but I think around 7% is a safe number now for net income I do have it going up substantially in 2025 about 25% and the reason being is they got a lot of cost cutting measures going through right now that's going to help their expense profile immensely in 2025 additionally on top of that we're going to talk about a revenue growth rate that I believe is going to be going up in 2025 so they're going to get a lot of Leverage there and I don't think they're going to have to do to much discounting in 2025 which is going to lead to better margins for the company overall so I think if you take all that into account the net the net income should be much faster growth than the revenue in 2025 so I'm doing about 25% that year and then after that about 11% growth on EPS per year right which puts them at a net income margin of about 133% in 2028 that's not crazy at all for a Nike right now P ratios 20 to 30 is a very fair number for Nike overall so so that puts the stock in 2028 somewhere between 114 at the low end and about 171 on the high end which On The Low End would give you a kagar compound an annual growth rate of about 8% and on the high side about 20% now keep in mind they might do share buyback so that might help the company as well and the kagar might be end up being a lot little bit higher than where I'm at here but this what makes me feel so safe in regards to Nike cuz I'm not taking a lot of risk and I should get a very nice compounded annual growth rate on this company over the coming years and if we look at the Last 5 Years right remember Nike underperformed SP 500 not by a little bit but by immense amount I think the exact opposite is going to transpire over this next 5 years I think we're going to be looking at a Nike explode to the upside over this next 5 years and I think we're going to look at an S&P 500 that's kind of like you know okay over the next 5 years and I think we're going to look at a Nike that massively outperforms S&P 500 which is a complete opposite Last 5 Years right and all people are going to go wow Nike is a you know a super company a super compounder again and people will view this company very different and so I think that's exactly what will play out in the next 5 years and yeah if I had to bet if I had to bet my entire net worth on either the S&P 500 outperforming Nike or Nike outperform the S&P 500 i' bet it all on Nike outperforming the S&P 500 over the next 5 years okay so that's Nike there beautiful beautiful beautiful and I'm just buying as much as possible you may say what you know I can't I can't perfectly time this right like why not try to perfectly time I'm not going to be able to perfectly time I've got to just build the position that's why you see me buying week after week and if I look at almost all my big six in the public town I think almost all these stocks I was negative on a particular time so the fact that I'm down 13% on Nike I'm I'm 0% worried because of where I believe that company is going over the next few years right like meta were're up 684 th000 on Tesla $317,000 on PayPal $30,000 Amazon up $75,000 paler up $125,000 elf up $142,000 I believe on almost all those stocks if not all those stocks I was negative at a particular time I was down on my cost basis you know 5 10 15 20% and we all know what ended up happening at the end of the story so when I look at Nike I think this is just another example of a great company that I'm getting great pricing on and I think I'll make a ton of money on and it's negative right now it is what it is stock number three of four that has immense upside over future years is winning Resorts tremendous value in this one tremendous value this is a stock that's down about 20% in the past year I believe this is $76 stock here today I believe this will easily be a $200 plus stock long term okay now to understand when you got to understand the history behind this company is very important cuz I can't just show you like a few numbers and be like here's wi Resorts you got to understand the history to really appreciate the stock and really understand why the stock has so much upside ahead okay so wind Resorts is built by this man if you don't know who this man is right here that is Steve wi now Steve win is a legend in Los Vegas for what he did over time and honestly he's one of the most legendary businessmen I've ever seen right and Steve wi has a respect of anybody that ever was built Resorts that were Su successful hotels buildings they all look up to Steve wi as the leader as the Alpha and the reason being is that man had incredible taste he had incredible ability to design in such an incredible Vision that other people just just to be quite Frank they don't have right and if I think about like all everybody else that really builds like Resorts and hotels and things like that it's one thing you can get a lot of money funded together right and you build that and you build bu build a big building right and looks kind of modern or something like that but at the end of the day how many truly have taste great design and and or Visionaries right that's why everybody that was really respected in the resort industry over time all look at Steve win as a guy on the Mount Rushmore as kind of like a leader because they realize they don't have that super Talent he's like a superhero I would say like a literally he's like a superhero in the resorts industry now when it comes to Steve win he got his start by basically he made a bunch bunch of money basically by buying this piece of land that was close to Caesar's then kind of saying he was going to build a property next to it a small casino and he never ended up doing that and he got Caesar scared Caesar ended up buying the piece of property which by the way he bought that little piece of land if I recall he bought it from the one gentleman Who's the who who's the guy I'm thinking of right he had the airplanes he own a bunch of land oh what's his name what's his name oh I'm I'm trying to think about it what's his name oh man he owns so much land here in Vegas he still Howard Hughes Howard Hughes right so he bought that piece of land from Howard Hughes then he kind of scared Caesars that he was going to build this little casino on it Caesars got scared they end up buying it from wi and wi ended up making a bunch of money he made like $687,000 which back in 1972 like that was all a lot of money right and he ended up acquiring a majority stake in Golden Nugget and he ended up building Golden Nugget into a successful property which had been a property that was having some trouble and he even got Frank Sinatra to be in commercials it was fascinating right from there he ended up going to Atlantic City so Atlantic City in the 1980s wo was Atlantic City a party in the 1980s it was so much money to be made they were making so much money they had the money in crates from what I heard back in the day it was ridiculous how much money they were making it back then it was insane so Atlantic City was real hot in the ' 80s he built gold nugget in the 1980s super successful right then he sold that in 1987 and he pocketed about $440 million which took him from like oh he's doing really well for himself right to like oh he's super rich now at this point in time from there he ended up basically using that money along with a bunch of junk bond money to build the Mirage which was at that time back in the 19 late 1980s there had never been anything on the Las Vegas Strip like that where you had this incredible lake with these volcanoes that were exploding and this insanely huge hotel that was ridiculous right and um you know was is extremely beautiful for the 1980s as well how everything was done never seen anything like that and it was Ultra success they were making so much money it was ridiculous right from there he built Treasure Island which had this pirate show in front of it and all that sort of stuff and from there he took a super highend he built the bagio which the bagio still to this day even in 20 before one of the most iconic resorts in the world right the bagio absolutely oneof a kind you could say that name and people will know that from around the world absolutely famous right now from there he ended up selling his Mirage company to MGM right which he owned the Mirage Treasure Island he owned a property I believe was in uh buuy Mississippi or something like that and then he owned uh you know bagio right Treasure Island Mirage and he end up selling that and end up making about $500 million from that deal back in 2000 from there he took that money and investor money and kind of pulled that together and started win Resorts which was going to take things to the highest of the highest level you know this was an attempt to beat bagio and he did it he did it he really did it right beat bagio from there in 2009 built the oncore then end up opening right into the great financial crisis which was about the worst time in history you could ever open a Resort in Las Vegas disaster 2009 right but did he did he spare an expense in in Encore no he still built everything top tier luxury beautiful Perfect Design perfect everything right and um yeah it wasn't great numbers for the first couple years but that's fine and it built over time right and those are two of the most iconic properties on Las Vegas Strip nowadays they have the beautiful award-winning Golf Course right behind those properties as well from there he built the maau properties maau was like the new Atlantic City so much money to be made but like on steroid it's like so much money to be made in maau right when in The Encore property on the old part of the coai or the old part of the maau area right and then the kai strip end up building wind Palace which opened in the mid to late 2010s and this is like kind of his bagio of the maau reg region then the Asia region right then from there they open the Encore Boston Harbor property right which is you know it's a stable property I think W had a bigger Vision there of you know they were going to do better and I think it was kind of like what what the planet is for their Orange County building uh property I think that's kind of what Encore is like it's cool it's a money maker but it's not like they thought it was going to be a big success from there acquired the the land right across from the win and Encore on the Las Vegas Strip and then Steve win got ousted from the company in 2018 there was a lot of allegations for years around Steve wi uh from a lot of different women on what might have been going on behind closed doors we don't know at the end of the day there was no you know really camera proof behind what was actually happening you know and different massages and things like that so anyways he got kicked out of the company forever he really has nothing to do with the company but it's important you understand that this is Steve wi is very similar to Steve Jobs in the sense of what Steve Jobs meant to the mobile Revolution to computer industry I think Steve wi really represents that in the resort industry of like you know just understanding stuff being a Visionary that that people couldn't understand like people would look at things that he would spend money on and be like why would you spend so much money on that this one thing and he understood it's because it's going to attract a lot of people with very high net worths and that's going to end up making a lot of money longterm and other people just couldn't understand that couldn't fathom that right and he understood better than anybody in that DNA still in the company now he probably got out at a really good time I'm going to be honest with you guys because shortly after he got alled from the company in 2018 we had Rona which obviously shut down maau and it shut down the Las Vegas trip who could have thought that was going to happen and then 2022 2023 we had the high Fed rate height cycle in 20 plus years right actually was technically the the fastest rate height cycle in the history of the Federal Reserve in terms of on a percentage basis crazy crazy crazy and um that's not that's not a good thing for the resort industry and the reason being if rates are really high then to refinance Properties or something like that very expensive very costly if you're going to build new properties and you're going to do it on debt which usually these companies do very expensive so a lot of people don't want to own these sorts of companies when they're in a let's call it fed funds rates expensive and it's hard to to get money your hands on money and especially at at you know decent interest rates now the recovery for wi looks absolutely phenomenal this is a sort of graph you want to see coming out of that Rona lockdowns and obviously the strip being closed and maau being closed this is exactly what you want to see so recovery's been great for wi they've been executing on a high level nowadays right and additionally they got the property in the Middle East they're building out right now which we don't know how successful that property is but we have a pretty good understanding that it's going to be very successful and they're not just the only ones financing and and building that property they're only taking on a portion of the expense cost profile of this particular property but I would say there's a pretty high probability this this property will end up being very successful for the company there's so much money in the Middle East it's ridiculous and there's really nothing that exists in the Middle East like this right now and so I that's a very exciting opportunity but that's not going to open for a few years okay they also additionally want to build this property in New York City we'll see we'll see obviously Manhattan with how much big money's in Manhattan and how much money travels into Manhattan it could be an incredible opportunity for win and the sorts of rates they'd be able to command on a hotel room here I think I think everything would be $11,000 plus a night in this particular hotel I think it would start at 1,000 and move up because New York City is so expensive but at the end of the day does do this ever get done I don't know man we'll see we'll see don't get your hopes up about that New York City has a lot of problems we know that right now it's important you understand about the resort industry and how these companies are taxed because you got to understand depreciation matters significantly for these companies I mean significantly all businesses can have some sort of depreciation pretty much right but in terms of Resort companies it's on a way larger number when we're talking about depreciation and so it helps it helps in hurt companies and I'll explain okay one this obviously makes you pay a lot less taxes because on your income statement you basically write off the depreciation which we'll look at when it's an immense number and that essentially allows you to pay less in taxes which is good if you're a company right but it makes you as a company not look as profitable as you really are because you're taking some sort of huge expense which is kind of an expense but kind of not really an expense it's not like an out of-pocket cash expense it's like if you pay somebody a salary right you know of $2 million that's a true expense like it's $2 million out of the company's pocket to go pay this person money depreciation doesn't really work like that right so it can make a company look a lot less profitable than it really is so look at this here okay this looks at when Resort's latest uh income statement here you see depreciation of anization 176 million that's is a crazy number right and so their net income for the company 2 246 net income attributable to win Resorts limited 111 million keep in mind if it wasn't for that massive depreciation amortization number right they would have been way more profitable than really what it looks like on the bottom line right so if we go ahead and take a peak here for Resort related companies eadar matters more this is earnings before interest taxes depreciation ammonization and Rental restructuring cost okay this is arguably the most important number and Metric you can ever look at for Resort related companies and for a company like wi Resorts which is why wi Resorts specifically provide some slides showing what their eidar is like right so if you look at the latest 3 months they had $571 million in eidar and if you look at the past 6 months 1.2 billion dollar oh my gosh okay that's a huge huge number there now if we think about wind Resorts it's an $8.5 billion market cap and they've got $1.2 billion in eadar just in the past 6 months right the value proposition here is very compelling very compelling I mean if wi Resorts was an $18 billion market cap I might not feel as strong but at an $8 billion market cap oh baby oh baby is this attractive value proposition here right now Craig Billings right he's a CEO of the company now I would have assumed after Steve wi left the company I I would have assumed there might have been a fallof in regards to Wi Resorts customer service levels quality right the keep of the properties things like that and you know I live in Vegas right and I can go down the wind anytime I right after recording this video if I want to go down the wind and eat at the restaurants or go to the bars or whatever right I can go do that I go to the win many times per year I have seen zero fallof in customer service levels the quality of the properties the upkeep of the properties zero fall off if anything I think in the recent years I've actually seen an uptick of like it's gotten better and that is pretty dang shocking because you you got to be a little fearful after Steve wi leaves but I also think about what Steve win really enjoyed Steve wi did not really enjoy the running of the properties he enjoyed the designing of them the building of them the opening of them right and that's why you saw him continually over the years leave right after he had opened his best properties right because that was really the process he enjoyed and so he wasn't necessarily the guy that loved to run the business business he was the one that loved to design and create these spaces that would make everybody say the Visionary that make say wow this is this is the most beautiful Resort I've ever been in this is incredible this is like nothing I've ever seen right that was him and so it seems like the quality of the property being run is actually even at a higher level than back in the Steve wind days which once again is pretty dang shocking to me cuz I pay attention to every little detail on these properties and so that's really good to see it makes me feel very comfortable now you may say what if what if the recession right what if the recession heads here's a deal okay listen two things everything's cake after 2020 like nothing is worse than you being forced to be closed down and remember in terms of Vegas Vegas was closed for several months and and then when it did open back up it was like a fraction of what you were allowed to basically have at your properties right they had to run at like 50% occupancy levels and those sorts of things maau was basically on and off closed for several years years there's nothing worse than that that is the worst I mean if you could ask the leadership of wi Resorts what would you rather have go through another 2020 or would you rather deal with a recession where unemployment goes to 10% any day they'd rather go to 10% unemployment you know why because there's still going to be a bunch of rich people or customers that will gladly come to their properties and vacation and so that's you know something to kind of keep in mind they've already been through the worst additionally if there is a recession we know the fed's going to lower interest rates massively they'll go down to 0% fed funds rate or 1% or something like that which will obviously Bode very well for companies that have to take out a lot of debt like wind Resorts and so this is very good now additionally if we look at wi wi went through a crazy time period of outperformance S&P 500 and that time period was back 2009 through 2014 I believe we're going to go through a very similar period 2025 through 2029 in regards to wind Resorts where you're going to see this company having significant outperformance versus S&P 500 and it's not even going to be close it's not even going to be close it's like wi's going to win by mile I think that's exactly what's going to play out over the next few years and um it's going to be fun it's going to be fun in regards to wind Resorts so yeah I like this stock a lot and I like it for not only the next let's say 12 to 24 months as a Fed starts lowering rates I like it really for the next I would say 5 years just to be quite Frank I think it's going to be a fun ride volatile ride but it will be a fun ride in the end right and so buying shares next stock up here number four of four of these stocks that have some pretty big upside ahead is Sofi technology this is a stock that's in the $7 range right now okay I call Sofi Mr Limitless and the reason I call Mr Limitless is this company really has unlimited long-term upside and the way you got to think about Sofi so all these other companies I really talk about them in terms of the next 3 to 7 years in regards to Sofi really think about the next 10 to 20 years you go to think even longer term in regards to Sofi and it's because the numbers and what I'm going to show you is playing out here okay and so Mr Limitless here's a deal with this company they're stealing market share left and right right and here's a deal over the next 5 to 10 years if they keep attracting these levels of new members and customers to their their Bank they're going to become a banking giant over the next 5 10 years like just start running the numbers start running the numbers even if their growth rate slow down to attracting 30% of customers a year and then slow it down to a 25% 20% you're going to see over the next 10 years this company becomes a banking giant whereas right now they're like a little guy you know a little under 9 million members as of today I bet you they're probably above 9 million members but that's kind of seen as a little guy run the projections and the numbers over the next decade and you're going to find they're going to have tens of millions and millions and millions of customers overall right and so they're on their way to becoming a banking giant now additionally they're more than just a new age bank right they're also Tech platform Galileo obviously if you're if you're somebody that wants to get into the fintech industry run your own financial institution G is a great company to deal with in terms of helping you do everything you got to do to really run that business and so in regards to Galileo they keep attracting more and more accounts up to 158 million so you're getting a bank plus a tech stack really is the way I kind of think about Sofi now additionally look at the trailing 12- Monon revenue for this company is that not one of the most beautiful charts you would ever like to see like like that is as beautiful as beautiful gets man like that is like literally if I if I asked you draw out a perfect trilling 12 month uh Revenue chart over a few year span that's exactly how you draw it up just up and up and up and up and up and up and up and up beautiful from Sofi right now the additional thing that Sofi hasn't gotten credit for is this company went from a huge money loser they were burning money left and right to a money maker now right they flipped over to profitability in regards to net income and it's substantial and I feel like people aren't even paying attention to that I'm like you realize this is like one of the biggest things to ever happen to this company it's one thing to be attracting a ton of of members it's one thing to be bringing in a ton of Revenue right it's another to start actually making money on your bottom line that's what the company's done Anthony notto has been nothing but very impressive running this company getting it through some very tough times including when the government said students you know student loans didn't have to be repaid and all those sorts of things and that that whole situation very negatively affected the company he's gotten this company through 2020 he's gotten this company through these super high interest rates we've seen plenty of regional Banks go under in regards to this and yet sofi's made it out to the other side and remember Anthony Nota prior to become the CEO of Sofi many many years ago he used to be this Chief Operating Officer at Tweeter he used to be a managing director at Goldman Sachs he used to be the CFO of the NFL right and so he's got a very impressive resume and I've seen him do very impressive things since he's been running Sofi no this is why I say you got to think longer term with Sofi and why it's called Mr Limitless here's a deal okay if you're a financial institution if you're a bank what's the two most important things to you over time right attracting more and more there is really I would say three really important things if you're a bank overtime right a financial institution one is don't go bankrupt you got to avoid bankruptcy you're going to have recessions you're going to have tough economic Cycles you're have the FED change of things don't go bankrupt in those situations always keep your your leverage ratios in a good place so you don't go under right Additionally you want to always be adding more customers more members to your to your company right taking more and more market share and three you want your members and net wors to go up over time so then you can loan them bigger amounts of money over time right so instead of somebody buying you know taking out a $115,000 car loan for some used I don't know Toyota or something like that right hopefully over time they want to buy I don't know uh a model X right that's $885,000 or something like that and they take out that loan with so that's what you want the net Worth's going up instead of getting a you know $300,000 mortgage you want them coming to you and getting um you know $780,000 mortgage cuz you're going to make a lot more money off that it's a numbers game so you want to track more members you don't want to go bankrupt and you want your net worths of your people to go up over time as they age so you make more and more money from loaning them money over time right that's what you want and so if I think about Sofi how do they become a giant financial institution the there's countless banks that have you know $200 billion plus market caps on them right I mean this is the top 10 the smallest of the top 10 $163 billion market cap right the biggest of the big dogs is JP Morgan at a $639 billion market cap how do they get onto this list over the next 10 20 years and become that 10x 20x 30X stock is exactly what I just ran you through right grab market share keep attracting more and more Millennials to your product keep attracting gen Z which I think gen Z is going to be a phenomenal adopter of Sofi overall cuz Sofi is really digital first right I think that's going to be very attractive to gen Z and then gen Alpha once they start to age and get into the banking system attract those folks and then guess what the Millennials will age they'll get to their 40s 50s high high net worth right they're going to you know take out more and more um loans from you over time that are going to be bigger amounts gen Z same thing do their net worth grows and gen Alpha as well right so that's what they got to do and then just don't go bankrupt in the bad times and I think they can get on this list of like the biggest banks in the world and that's going to be fun fun whole experience there okay appreciate you guys joining me as always thank you so much I hope you really enjoy this video I hope you got a lot of value out of it if you need help in the market you're not feeling very confident in your decision- making you don't really know what you're doing you kind of feel like you're more gambling money around rather than investing your money click the pin comment down there fill in an application and join my private stock group private wealth group get access to THX stocks.com take your game up to a much higher level so when you go to make your investment decisions with your money you feel more confident that you know what you're doing out there you know how to decipher the sorts of things find out if stocks are undervalued overvalued and all sorts of things okay appreciate yall joining me as always much love and have a great day