Project 2047

Wit Research designs and conducts studies on financial markets, industry trends, public opinion, and related domains for institutions that need clear answers.

Positions: 3198
Underpriced: 1618
Strongly under: 143
Asymmetric: 152

All books/3198 shown

#	Book	Name	Thesis	Early money / entry	Valuation	Conf
1	Stocks	Nu Holdings NU	Fastest-scaling profitable LatAm digital bank near 52-wk low.	~13–19%	Strongly underpriced	Med
2	Stocks	MercadoLibre MELI	LatAm Amazon+PayPal+credit; ~30% off high; early penetration.	~12–17%	Strongly underpriced	Med
3	Stocks	Sea Ltd SE	Shopee+Monee+Garena ~50% below high; SE Asia + Brazil.	~12–17%	Strongly underpriced	Med
4	Stocks	AppLovin APP	~14x with ~53% rev growth after ~65% drawdown; SEC overhang.	~12–20%	Strongly underpriced	Low
5	Stocks	Alphabet GOOGL	~13% one-day drop Oct 29; Search+YT+Cloud+TPU+Waymo.	~11–15%	Strongly underpriced	Med-High
6	Stocks	Adyen ADYEN.AS	Best-in-class payments ~half 52-wk high; net cash.	~11–16% EUR	Strongly underpriced	Med
7	Stocks	HDFC Bank HDB	India's top private bank near lows; 20y credit deepening.	~11–16%	Strongly underpriced	Med
8	Stocks	Axon AXON	Public-safety near-monopoly ~42% off high; software TAM.	~11–16%	Strongly underpriced	Med
9	Stocks	Credo Tech CRDO	AI DC connectivity after ~46% pullback; bandwidth per GPU gen.	~11–18%	Strongly underpriced	Med-Low
10	Stocks	Uber UBER	52-wk low; demand layer robotaxis still plug into.	~11–16%	Strongly underpriced	Med
11	Stocks	TSMC TSM	Sole scaled leading-edge foundry for AI chips.	~11–15%	Strongly underpriced	Med-High
12	Stocks	Kaspi.kz KSPI	Super-app ~7x fwd, high ROE; Turkey expansion.	~11–17%	Strongly underpriced	Med-Low
13	Stocks	PDD Holdings PDD	Temu+Pinduoduo ~7x with net cash; priced for decline.	~10–17%	Strongly underpriced	Low-Med
14	Stocks	Coupang CPNG	Korea e-commerce/logistics moat ~55% off high.	~11–17%	Strongly underpriced	Med
15	Stocks	Grab GRAB	SE Asia ride/food/fintech now profitable; near low.	~11–18%	Strongly underpriced	Med-Low
16	Stocks	Hanwha Aerospace 012450.KS	K9/Chunmoo exporter ~55% off high; multi-decade rearmament.	~11–17% KRW	Strongly underpriced	Med-Low
17	Stocks	Reddit RDDT	~50% drawdown; conversation data via ads + AI licensing.	~11–18%	Strongly underpriced	Med-Low
18	Stocks	NVIDIA NVDA	AI compute standard ~18x after Oct capex selloff.	~10–15%	Modestly underpriced	Med
19	Stocks	Broadcom AVGO	Custom AI + networking + VMware; ~30% off high.	~10–15%	Modestly underpriced	Med
20	Stocks	Amazon AMZN	AWS + ads + retail + Kuiper/robotics leverage.	~10–14%	Modestly underpriced	Med-High
21	Stocks	Meta META	Selloff on $135–145B capex + new share class.	~10–14%	Modestly underpriced	Med
22	Stocks	Zscaler ZS	Zero-trust leader ~26% off high; AI agents widen attack surface.	~10–15%	Modestly underpriced	Med
23	Stocks	Intuit INTU	~50% off high; TurboTax/QBO data → AI financial agent.	~10–15%	Modestly underpriced	Med
24	Stocks	ServiceNow NOW	−20%+ Oct 29; enterprise workflow + AI-agent layer.	~10–15%	Modestly underpriced	Med
25	Stocks	argenx ARGX	Vyvgart (FcRn) expanding across autoimmune.	~10–16%	Modestly underpriced	Med
26	Stocks	BE Semiconductor BESI.AS	Hybrid-bonding for HBM/packaging; ~50% off high.	~10–16% EUR	Modestly underpriced	Med-Low
27	Stocks	Vistra VST	Power gen near low; DC demand + nuclear contracts.	~10–15%	Modestly underpriced	Med
28	Stocks	Rheinmetall RHM.DE	€80.5B backlog; ~47% off high after F126 cancel.	~10–15% EUR	Modestly underpriced	Med
29	Stocks	ICICI Bank IBN	Top-tier Indian private bank; financialization.	~10–15%	Modestly underpriced	Med
30	Stocks	Robinhood HOOD	~40% off high; banking, retirement, prediction markets.	~10–17%	Modestly underpriced	Med-Low
31	Stocks	Micron MU	HBM sold out into 2027; P/E on peak-cycle earnings.	~8–16%	Modestly underpriced	Med-Low
32	Stocks	SK hynix 000660.KS	HBM share leader ~49% off high; structural AI bottleneck.	~8–16% KRW	Modestly underpriced	Med-Low
33	Stocks	Alibaba BABA	Cloud/AI + commerce ~45% off high.	~9–15%	Modestly underpriced	Low-Med
34	Stocks	Tencent TCEHY	WeChat+gaming+ads+cloud near low; buybacks.	~9–15%	Modestly underpriced	Med
35	Stocks	Astera Labs ALAB	PCIe/CXL/UALink for AI racks; ~42% off high.	~9–17%	Modestly underpriced	Med-Low
36	Stocks	Marvell MRVL	Custom AI silicon + electro-optics; −13% on Lumentum talks.	~9–15%	Modestly underpriced	Med
37	Stocks	Lam Research LRCX	Etch/deposition ~42% off high; every HBM layer needs etch.	~9–14%	Modestly underpriced	Med
38	Stocks	Applied Materials AMAT	Broadest semicap ~43% off high; GAA, packaging.	~9–14%	Modestly underpriced	Med
39	Stocks	ASML ASML	EUV monopoly; High-NA through 2030s.	~9–14%	Modestly underpriced	Med-High
40	Stocks	Tokyo Electron 8035.T	Coater/developer + etch ~38% off high.	~9–14% JPY	Modestly underpriced	Med
41	Stocks	Netflix NFLX	52-wk low (−44% YoY); ad tier + pricing power.	~9–14%	Modestly underpriced	Med
42	Stocks	Spotify SPOT	Audio platform; pricing power + expanding margins.	~9–14%	Modestly underpriced	Med
43	Stocks	DexCom DXCM	CGM leader off highs; Type 2 + wellness expand.	~9–15%	Modestly underpriced	Med
44	Stocks	Vertiv VRT	Power + liquid cooling for AI DCs; ~35% off high.	~9–15%	Modestly underpriced	Med
45	Stocks	Brookfield Corp BN	Alt-asset/infra/insurance; capital for AI power.	~10–14%	Modestly underpriced	Med
46	Stocks	Duolingo DUOL	~50% drawdown; learning app + AI-tutor upside.	~8–17%	Modestly underpriced	Low-Med
47	Stocks	SoFi SOFI	Digital bank ~46% off high; members + fee income.	~8–16%	Modestly underpriced	Low-Med
48	Stocks	On Holding ONON	Premium running brand ~36% off high.	~9–15%	Modestly underpriced	Med-Low
49	Stocks	TransMedics TMDX	Organ-care + aviation platform ~57% off high.	~7–18%	Modestly underpriced	Low
50	Stocks	Advantest 6857.T	#1 SoC/HBM test; AI complexity raises intensity.	~9–14% JPY	Modestly underpriced	Med
51	Stocks	KLA KLAC	Process-control monopoly ~45% off high.	~9–13%	Modestly underpriced	Med-High
52	Stocks	Samsung Electronics 005930.KS	Memory upcycle + foundry option; Korea discount.	~8–14% KRW	Modestly underpriced	Med
53	Stocks	Booking BKNG	Near 52-wk low; heavy buybacks.	~9–13%	Modestly underpriced	Med
54	Stocks	Intuitive Surgical ISRG	Robotic-surgery standard ~26% off high.	~9–13%	Modestly underpriced	Med-High
55	Stocks	Eli Lilly LLY	Obesity leader; raised outlook Oct 29; oral + pipeline.	~9–13%	Modestly underpriced	Med
56	Stocks	Novo Nordisk NVO	~10x after losing obesity share; pill/CagriSema upside.	~8–15%	Modestly underpriced	Low-Med
57	Stocks	Constellation Energy CEG	Largest US nuclear fleet; DC contracts; ~34% off high.	~9–13%	Modestly underpriced	Med
58	Stocks	BWX Technologies BWXT	Sole naval reactor + commercial/medical nuclear; ~43% off.	~9–14%	Modestly underpriced	Med
59	Stocks	MongoDB MDB	Document DB for AI-era apps.	~8–15%	Modestly underpriced	Med-Low
60	Stocks	Shopify SHOP	Commerce OS + agentic commerce.	~8–14%	Modestly underpriced	Med

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Research notes for discussion only — not investment advice or an offer of any security. Valuation labels and confidence reflect internal judgment at time of writing; prices and multiples are point-in-time. Horizon 2027–2047 · 11 books · 3198 positions.