What Daniel Pronk said in this video:
- ROADbullishlong-termThe host believes Road's roughly 30% selloff after strong Q3 results is unjustified. The company has raised guidance, completed acquisitions, and uses a cost pass-through model so inflation and oil prices are not hurting margins; rising rates are also manageable given its earnings. Based on its five-year guidance and his DCF, the stock is very cheap and could deliver strong returns over the next five years, which is why he keeps buying and has made it a large position.Source
- BAMbullishlong-termThe host believes Brookfield Asset Management (BAM) is very cheap and likely bottoming. Its roughly 4.4% dividend yield is projected to grow 15% annually, the forward P/E is below its historical median, and fee-related earnings keep compounding despite private-equity redemption fears, with fundraising expected to hit a record. His DCF suggests 15% to 20% annual total returns over five years, so he keeps buying and has made it an over 6% position.Source
- AI Capexpositive for stockslong-termThe host believes AI demand remains extremely strong and is not slowing. AWS is raising ML GPU capacity prices about 15% because demand still exceeds supply, Amazon is considering over 100 data centers and has committed $200 billion to capex, and is using a sales-leaseback to fund continued AI buildout. This shows AI capex remains very robust rather than facing an oversupply.Source
- AMZNbullishlong-termThe host believes Amazon is significantly undervalued and should trade well above $300. AWS is raising GPU capacity prices, showing AI demand is extremely strong; the company is using a sales-leaseback to fund its AI buildout, and AWS revenue is diversified with low exposure to frontier models. Its price-to-operating-cash-flow multiple is below historical averages even as cash flows and margins accelerate. His conservative DCF still implies over 20% annual returns over three years and a share price of about $500 by 2028, so he keeps buying and has made it his second-largest position at over 13%.Source