The Next 10X Stocks Are Hiding in Plain Sight

Reasoning: Brian identifies Denison Mines as a uranium company poised to build Canada's first new large-scale uranium mine in over 20 years, utilizing the increasingly dominant and cost-effective in-situ recovery method. He emphasizes the crucial timing, linking it to the infrastructure of AI, as data centers are projected to double the world's electricity consumption by 2030, with AI's share growing fivefold. The demand for clean, always-on, and scalable energy will drive nuclear capacity to grow 87% over the next 15 years, while uranium supply already cannot meet future demand. Although Denison is currently pre-revenue and speculative, Brian sees it as strategically positioned at the heart of the anticipated nuclear build-out.

Reasoning: Brian identifies Grab as a 'super app' in Southeast Asia, combining rides, food delivery, groceries, and payments, serving over 700 million people across eight countries. Despite 50 million monthly users, its penetration is only 7% of Southeast Asia's population, with just 4% in Indonesia, indicating an enormous growth runway. He notes that 2/3 of users utilize more than one service and spend four times more than single-service users, reminiscent of the Amazon 'flywheel.' The financial services segment grew 39% last year, with loan disbursements surging 56%, positioning Grab to become a bank for the unbanked. Revenue has grown 700% in five years, and it's projected to achieve full-year profitability by 2025 after previous losses.

Reasoning: Brian argues that while many investors had written off Snapchat, its paid subscription service, Snapchat Plus, has become a significant 'missed story.' This service has now crossed $1 billion in annual recurring revenue with over 25 million paying subscribers, demonstrating a 71% year-over-year subscriber growth. This success signifies a fundamental shift in Snap's business model beyond just advertising, creating a second revenue engine that didn't exist two years ago. The financial improvements are evident, with annual losses shrinking by 65% in just two years and net income in Q4 last year leaping 400% from the prior year, indicating that profitable quarters are growing.

Reasoning: Brian highlights SoundHound AI for its voice AI technology used in drive-thrus, customer service for companies like Verizon and Pandora, and vehicles from automakers such as Stellantis, Hyundai, and Honda. The company achieved GAAP profitability for the first time in Q4 last year, signaling 'real profitability.' Revenue has grown over 2,000% in the last six years, and its guidance for 2026 is a 45% increase, which is nearly double the conversational AI market's annual growth rate of 24%. Despite an initial hit to gross margins from the Amelia acquisition, they have steadily climbed back to nearly 48% from the mid-30s, indicating improving financial health while revenue accelerates.

Reasoning: Brian emphasizes the dire outlook for copper, with billionaires Robert Friedland and Stanley Druckenmiller predicting a 'copper crisis.' Factors driving this include the largest US military budget, projected tripling of electricity demand by 2030, and new 50% tariffs on copper imports designed to bring production back to the US. Bloomberg forecasts copper demand reaching 40 million tons by 2040, creating a staggering supply deficit. Giant Mining Corporation owns the Majuba Hill copper project in Nevada, a past-producing mine with existing infrastructure (roads, power, water, transportation). The company is currently trading near its all-time lows, down nearly 62% in the past 45 days, and its Nevada location provides a significant competitive advantage as it is exempt from the 50% tariffs.

Reasoning: Brian notes that Mobileye develops advanced driver assistance systems (ADAS) for numerous automakers, including BMW, Volkswagen, and Ford, with Intel as its majority owner. The company caught his attention due to its $900 million acquisition of Manti Robotics, a humanoid robot company. Brian sees this as a strategic move to apply Mobileye's proven edge AI perception technology, already utilized in millions of vehicles, to the rapidly growing robotics market, which is expanding at over 40% annually. Concurrently, Mobileye's core ADAS business is also recovering, with revenue growing 15% last year and climbing back towards its $2 billion peak from 2023.

Reasoning: Brian presents QuantumScape as a company solving key electric vehicle (EV) charging problems with its solid-state batteries, which can charge to 80% in under 15 minutes and offer twice the energy density of conventional lithium-ion batteries. The company has launched its Eagle pilot production line and is shipping test samples to multiple automakers. Volkswagen's battery subsidiary, PowerCo, has already licensed the technology with capacity for up to a million vehicles annually, and QuantumScape recently secured a second top 10 global automaker as a customer, validating its technology. While meaningful revenue is expected around 2027 and mass production in 2028, Brian believes the company is 'ahead of the curve' in the solid-state battery market, which is growing over 40% per year.

Reasoning: Brian highlights Aurora Innovation's self-driving technology for commercial trucking, noting it's the first company to launch fully driverless commercial freight on US public roads, carrying real freight for real paying customers without a human in the cab. He points out its efficiency, with a truck completing a 1000-mile route in 15 hours, a feat impossible for a human driver due to rest regulations, and a flawless record of zero collisions over 250,000 driverless miles. The technology addresses the trucking industry's shortage of 80,000 drivers, with Aurora's commercial capacity already booked through Q3. The company is rapidly scaling its fleet from 10 to over 200 driverless trucks by year-end, and its next-generation hardware will cut costs by more than half while doubling lidar range, making it a strong speculative bet on autonomous freight.

Reasoning: Brian discusses Archer Aviation, a developer of electric vertical takeoff and landing (eVTOL) aircraft for urban air taxi services. He highlights its significant achievement of being named the official air taxi provider for the 2028 LA Olympics, which promises unparalleled visibility. The company is making rapid progress towards FAA certification, having already secured three of the four necessary certificates for commercial passenger flights, with UAE aviation regulator certification expected as early as Q3 this year. While Archer is currently pre-operations and pre-revenue, Brian notes that the timeline is quickly compressing, positioning the company at the forefront of the eVTOL market, which is projected to grow at roughly 30% per year.