Asymmetric Investing by Travis Hoium: Stock Analyses & Picks

The YouTuber recommends Zeta Global, citing its strong momentum with 50% revenue growth in Q1 2026 and impressive historical CAGRs. He notes its relatively low valuation (2.4x forward EV/Sales) for its growth rate and highlights its potential for market expansion by targeting smaller businesses and leveraging its AI tools to become a broader business intelligence company. He believes it offers a combination of revenue growth, margin expansion, and multiple expansion potential.

“Again, a company growing this quickly train trading for just two or three times sales. That's pretty cheap. It's very possible that multiple could go up 2x, 3x, 4x. That's how you get these 10x return stocks.” — ▶ 14:50

The YouTuber recommends Onholding, arguing it's a misunderstood company operating in the high-end consumer market, which is less affected by spending cutbacks. He highlights its strong historical revenue growth (33.9% CAGR), improving gross margins (63.9%), and operating leverage, while noting its current valuation (2.3x EV/Sales, 21.6x forward P/E) is reasonable for its growth potential. He also points out that a weak US dollar has obscured its true growth in CHF terms.

“I think on holding is the kind of company that can be look a lot more like Lululemon or even Nike a decade or two from now.” — ▶ 6:40

Travis Hoium is buying Zillow shares, citing its current undervaluation with a forward P/E of 12.9x and P/FCF of 10.4x, despite strong growth in its mortgage and rental segments (45% and 33% CAGR respectively). He believes the company's strategy of aggregating demand and acting as a platform for real estate professionals, combined with its increasing operating leverage and AI integration, positions it for significant long-term growth, potentially reaching over $100 billion in market cap.

“This is not assuming any sort of explosion in the housing market. And the reason that that's okay for Zillow today is that they're growing in not only mortgages but also more importantly the rentals business.” — ▶ 10:00

The analyst believes Uber is an 'insanely cheap stock' currently trading at 18 times earnings despite a 30% 10-year CAGR and projected 20%+ growth for the next decade. He argues the market misunderstands Uber's role as an aggregator that will benefit immensely from the shift to autonomous vehicles, which will increase supply, reduce costs, and attract more riders, leading to significant platform expansion.

“Shares of Uber are trading for just 18 times earnings. That is an extremely cheap multiple for a company that's growing well into double digits.” — ▶ 01:20

The YouTuber is bullish on Uber, asserting that it will integrate autonomous vehicle technology rather than be disrupted by it, as other AV companies will plug into Uber's network. He points to its consistent revenue growth, rapidly increasing free cash flow ($10 billion annually), and massive user base (200 million monthly active customers). He believes autonomy will expand the market and reduce costs, providing significant tailwinds for Uber's long-term growth.

“I think what that's ultimately going to do is expand the market, maybe even more than 10x expand the size of the market.” — ▶ 16:50

The analyst believes Hims & Hers is making the right strategic moves by acquiring Eucalyptus, which significantly expands its international market and subscriber base. This acquisition, combined with recent partnerships with major pharmaceutical companies, is expected to drive substantial revenue growth (potentially 40-50% later in 2026) and solidify its position as a healthcare aggregator, despite short-term margin compression and increased debt.

“I think all of this is the right strategic moves. ... If we do see a growth rate of 40 50% which we probably will later this year with eucalyptus now on board that is going to be a big deal for the stock.” — ▶ 10:00

The YouTuber is bullish on Hims & Hers, believing the market is overlooking its potential inflection point. Despite recent growth deceleration, he expects revenue acceleration due to partnerships (Novo Nordisk, Eli Lilly) and new high-value offerings like GLP-1s, labs, and future peptides. He sees the company evolving beyond its initial focus to become a comprehensive healthcare aggregator, with increasing monthly revenue per subscriber and strong member growth.

“I think the market is really overlooking the potential inflection that we're seeing with him and hers going from a company where revenue is decelerating to even starting next quarter, but definitely by the end of the year, you're going to see that revenue start to accelerate.” — ▶ 9:40

The YouTuber is bullish on SoFi due to its digital-first banking model, which offers superior economics compared to traditional banks. The new 'SoFi Coach' product is seen as a significant disruptor to financial advisory services, helping to drive increased member engagement and product adoption within SoFi's ecosystem, ultimately leading to higher revenue opportunities. The company's strong member growth and potential for cross-selling multiple products are key drivers.

“The reason I've been bullish on SoFi over the past couple of years is it's a digital first bank and that allows the company to do things completely differently than most banks.” — ▶ 00:00:05

The YouTuber recommends SoFi, viewing it as a company changing finance with its digital bank model. He highlights its strong customer acquisition, improving net income, and rapid growth in members (35% CAGR) and products (36% CAGR). He argues that its price-to-book value of two is justified by its digital nature and lower cost structure compared to traditional banks, and sees future tailwinds from innovative solutions like blockchain and stablecoins.

“If we want to think about the future of finance I think SoFi is going to be right there.” — ▶ 20:40

The YouTuber views Alphabet's $80 billion equity raise as a strategic and positive move, despite the immediate stock dip. He argues it provides financial flexibility for AI buildout without excessive debt, capitalizes on a high stock price, and positions Alphabet to outcompete rivals who may need to rely on debt for their AI investments. The dilution is considered minimal (2%) given the company's size.

“So as an Alphabet shareholder, I actually love this move because it's relatively low dilution, only about 2% dilution. Gives them a ton of flexibility if they are seeing the ROI in this AI buildout.” — ▶ 12:00

The analyst is excited about owning Duolingo shares, citing its compelling valuation with an enterprise value to sales of 3.5 and price to free cash flow of 15, despite a 34% CAGR in revenue over the past five years. He anticipates an inflection point in operations later this year and into 2027, driven by growing daily active users and a strong balance sheet with significant free cash flow and no debt. He believes the risk-reward is favorable compared to high-multiple AI stocks.

“I'm still excited about owning shares.” — ▶ 00:40

The YouTuber, a current shareholder, believes that even a premium buyout offer of $53-55 per share would undervalue MGM Resorts' long-term potential. He highlights the company's free cash flow generation and the potential from its Japan resort as key drivers that the market may be underappreciating.

“I would be very disappointed as a shareholder with a buyout even if they get a little bit of a premium up to let's say 53, 54, 55 dollars per share. Even that I think would underestimate the potential for MGM Resorts long term.” — ▶ 6:00