THIS Stock Will Print Millionaires AGAIN

Stealth Wealth Investing•Sep 25, 2026

Summary

Luke discusses the recent strong performance of several stocks, particularly highlighting Meta (META) and AMD. He emphasizes the importance of buying great businesses during periods of high noise and negativity, as demonstrated by the success of his group's past investments in AMD below $100 and even in the $30s.

Luke's primary focus is on Meta (META), which has surged nearly 40% in the past month. Despite this rapid increase, Luke argues that the stock still has substantial room to run, conservatively valuing it closer to $800. He identifies four key reasons for his conviction:

**Valuation**: Meta's forward multiple is currently 19, which Luke considers remarkably cheap, especially when compared to a company like Walmart at 36. This indicates the market is still undervaluing Meta's growth prospects. His group bought Meta shares in the $530-$550 range.

**Accelerating Fundamentals**: Luke notes that Meta's revenues, profits, and margins are all accelerating across the board, which is a strong positive indicator for the business's health and future growth. He contrasts this with previous examples like Tesla, where declining numbers signaled a time to exit.

**Untapped Monetization Levers**: Luke points to significant future revenue opportunities from WhatsApp, which is widely used globally but only just beginning to be monetized, and Threads, which has already amassed half a billion users and is outpacing X. He believes Meta has a proven track record of successfully monetizing its platforms.

**AI Potential**: Luke views the impact of AI as a substantial "call option" or "bonus cherry on top" for Meta, despite it not being factored into his current valuation. He argues that even if AI entirely flops, Meta's business remains incredibly strong, and a reduction in AI-related capital expenditure would significantly boost free cash flow.

Luke reiterates that historically, selling shares of great businesses after big runs has often led to regret. He encourages investors to be confident in holding or buying strong companies like Meta, even after significant price movements.

Mentioned Stocks

META

Sentiment: BUYAction: RECOMMENDED

Reasoning: Luke argues Meta is still cheap with a forward multiple of 19, especially compared to Walmart (36). Its fundamentals are accelerating, with increasing revenues, profits, and margins. He highlights untapped monetization levers in WhatsApp and Threads, which are only beginning to be fully monetized. Furthermore, AI is not yet factored into his positive outlook and represents a significant call option, with a conservative fair value closer to $800. Luke's group bought shares in the $530s-$550 range.

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AMD

Sentiment: BUY

Reasoning: Luke praises AMD's "massive run," noting a 600%+ increase in over a year. He highlights that members of his group bought AMD when it dropped below $100 and even in the $30s years ago, describing it as a "great company" and not speculative. He uses it as an example of buying confidently when the noise is high, mentioning confident buying points like AMD at $80.

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TSLA

Sentiment: SELLAction: SOLD

Reasoning: Luke previously sold Tesla due to its extreme overvaluation. He also observed declining numbers, slowing revenue and profit growth, eroding margins, and persistent delays in projects, making it clear it was time to exit the stock.

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