CLEAR Easy $$$ BUYS Right Now (July 2026)

Stealth Wealth Investing•Jun 28, 2026

Summary

Luke begins by outlining his approach to investing, focusing on buying stocks that are on the biggest discount based on his valuation. He stresses the critical importance of setting specific, written financial goals—such as accumulating a certain amount of money within a defined timeframe—and then crafting an investment plan around those goals. This methodical approach, he argues, helps avoid impulsive, "yolo" moves and enables investors to leverage compounding for real wealth building.

He first discusses Palantir, a stock he loves for its impressive and consistently strong earnings, which he believes outperform 99% of other stocks in growth and margins. Despite its strong performance, Luke observes that Wall Street appears to be unusually bearish on Palantir, causing its price to dip even on green market days. While he sees this disrespect as a tempting opportunity and notes that the valuation is significantly better than six months ago, making it potentially undervalued, he is not definitively adding it to his buying list *this month* but may pull the trigger if prices continue to decline.

Luke then moves on to the stocks he is actively buying.

**Amazon (AMZN)**: Luke has been a long-time advocate for Amazon, especially since its valuation became cheap. He views it as a fundamentally great business, unaffected by AI spending, and a leader in cloud services that continuously innovates and reinvests. He believes Amazon is currently undervalued and poised for a significant market run, similar to what Google experienced after a period of being a laggard. He continues to stack shares of the company at its current price.

**Meta (META)**: Luke expresses a similar sentiment for Meta, highlighting its cheap valuation and robust core business. He dismisses market narratives that cause its price to swing wildly, instead focusing on its strong fundamentals and numerous untapped monetization levers. He also sees potential in new ventures like Meta glasses. Despite acknowledging some imperfections, Luke believes Meta is moving in the right direction and will continue to be a significant revenue generator, making it a continued buying opportunity at current prices.

**SoFi (SOFI)**: Luke identifies SoFi as a prime example of a long-term buying opportunity. He notes that Wall Street continues to keep the stock price down despite the company consistently reporting great earnings and providing strong guidance. Luke views this divergence—improving fundamentals coupled with a declining or stagnant stock price—as the "perfect scenario" for long-term investors. He explicitly warned against buying SoFi when it was trading around $32 last year, but now, with its current undervaluation, he is committed to "gobbling up every share" as he believes it will be a "beast" five years from now.

Luke concludes by reiterating his belief that building real long-term wealth comes from simply buying and holding shares of great companies when they are undervalued, emphasizing that share count is what truly matters in the end.

Mentioned Stocks

AMZN

Sentiment: BUYAction: BOUGHT

Reasoning: Luke considers Amazon a great business with one of the cheapest valuations in a long time. He is unconcerned by AI spending, noting it's part of the CAPEX cycle for Magnificent Seven companies. Amazon remains a leader in cloud services and continuously expands into new areas, reinvesting profits. He believes it is due for a significant run, similar to Google, and continues to stack shares.

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