BWB - Business With Brian: Stock Analyses & Picks

The YouTuber recommends Marvell Technology due to its critical role in optical transceivers, which are essential for high-speed data center communication as copper cables become insufficient. Marvell holds the number one position in this duopoly market, with its optical DSP chip inside every optical transceiver. The company strategically acquired Inphi to build this position, leading to a tripling of EPS in a single year for this business segment.

“Marvell chip inside every single one of them. That chip is an optical DSP. It's the processor that converts electrical signals from a server into light pulses traveling through the fiber.” — ▶ 01:10:09

The YouTuber recommends Broadcom due to its dual dominance in AI networking silicon: custom AI accelerator design for hyperscalers and 80% market share in Open Ethernet switching. The company entered 2026 with $73 billion in signed AI orders, demonstrating strong committed revenue. Its AI segment has grown significantly, now representing 43% of total revenue, with strong guidance for the next quarter.

“Broadcom's a little unique because they own two pieces of the networking silicon layer simultaneously. The first is custom AI accelerator design... That happens to give them 60 to 70% of the custom AI chip market.” — ▶ 01:09:00

The YouTuber recommends Micron Technology because all high-bandwidth memory (HBM) suppliers are sold out through 2026, and Micron is one of only three producers. The closure of the Strait of Hormuz is disrupting helium exports, impacting competitors like SK-Hynix which rely on imported inputs, while Micron uses domestic supply chains. This situation is expected to improve Micron's market share or expand market prices, leading to significant revenue and EPS growth, and a very low PEG ratio.

“Micron runs on US fabs with access to domestic helium reserves and domestic supply chains. So when Korean input costs begin to rise, Micron either gains market share because SK-Hynix produces less, or the whole market's price expands because supply tightens even more.” — ▶ 01:06:59

The YouTuber recommends Vertiv due to its essential role in providing power management and liquid cooling infrastructure for high-density AI server racks, which traditional air cooling cannot handle. Vertiv is the only major player offering an integrated system and is NVIDIA's preferred infrastructure provider. The company has shown exceptional EPS growth, strong revenue guidance, and a significant committed backlog.

“Vertiv makes the power management and the liquid cooling infrastructure that goes inside a data center once electricity arrives. So UPS systems, power distribution units, and liquid cooling as one integrated system.” — ▶ 01:05:09

The YouTuber recommends Eaton Corporation because it owns the entire supply chain for critical electrical infrastructure like transformers and power distribution units, which are causing significant delays in data center builds. Eaton captures substantial revenue per megawatt of data center capacity, has a massive backlog, and has demonstrated strong growth in EPS, free cash flow, and operating margins, with further expansion targeted.

“Eaton happens to own the full chain that solves this problem. They've got the transformers, the switchgear, power distribution units, and the busway that moves electricity from the grid to every server rack that's inside.” — ▶ 01:02:59

The YouTuber recommends Vistra due to its significant financial transformation, moving from a $1.2 billion free cash flow burn in 2021 to generating nearly $4 billion by 2023. This was driven by surging gas and power prices while its nuclear and coal fleet maintained fixed costs. Vistra also signed a deal with Meta for up to 2.6 gigawatts, positioning its nuclear fleet as a 'margin machine' during price spikes.

“Vistra's free cash flow went from burning $1.2 billion in 2021 to generating nearly $4 billion by 2023. That's a wild flip within 24 months.” — ▶ 13:00

The YouTuber recommends Vistra Corp due to its significant contracted nuclear power capacity for AI data centers, operating in a deregulated market allowing direct long-term contracts with hyperscalers. Its fixed cost structure for nuclear power means rising energy costs expand margins, unlike competitors. The company shows strong revenue growth and high EBITDA guidance, with a PEG ratio that doesn't fully price in its upside.

“Vistra generates power from nuclear plants that are across Texas and the Midwest. And unlike regulated utilities, they operate in a deregulated market, which means that they can sign direct, long-term contracts with hyperscalers at real market prices.” — ▶ 01:01:59

The YouTuber recommends Comfort Systems USA due to its significant growth in data center revenue, which now accounts for over half of its total. The company has a record $12.4 billion backlog, nearly doubled year-over-year, and boasts strong financials with 62% return on invested capital and effectively zero debt, indicating software-like economics for a mechanical contractor.

“Data center customers went from a third of revenue two years ago to over half of their revenue this past quarter. And fix ended at a record $12.4 billion backlog that nearly doubled year over year.” — ▶ 01:02:50:00

The YouTuber recommends ARM Holdings, highlighting its shift from a pure licensing model to directly selling chips (ARM AGI CPU) to customers like Meta and OpenAI, alongside its legacy royalty business. He emphasizes ARM's power efficiency advantage, which makes its Neoverse architecture a standard for hyperscaler compute, and its rapidly growing data center royalties with high margins.

“ARM has effectively become the standard for hyperscaler compute. The best part of their technology is power efficiency. ARM designed chips run cooler and use less electricity than competing architectures, which matters as much in your phone as it does in a data center running hundreds of thousands of AI accelerators.” — ▶ 01:13:20

The YouTuber argues that Palantir's stock price has not kept pace with its strong fundamental growth, particularly in commercial revenue and expanding operating margins. He highlights the company's recent shortlisting for the FAA's air traffic control program as a significant catalyst and believes the market will eventually recognize its true value, making it a strong long-term investment.

“The price came down, the fundamentals kept compounding, and the gap closes a little bit more every single quarter. Eventually, one of two things is going to happen. The price catches back up to the fundamentals, or the next earnings print makes the math obvious enough that institutional money has to chase it.” — ▶ 01:04:50

The YouTuber recommends WQTM as his top pick for long-term quantum exposure, citing its genuine focus on pure-play quantum companies, with the four leaders in the space being its largest positions. He believes it strikes a good balance between being genuinely pure quantum and having enough history and holdings to be trustworthy, offering genuinely new exposure compared to broad tech funds.

“And my number one is WQTM. Because for me, it's in the sweet spot. It is genuinely pure quantum, the four leaders are its biggest positions, but it has been around long enough and holds enough names that I trust it as the cleanest long-term way to own this whole space today.” — ▶ 13:50

The YouTuber suggests Meta Platforms as a buy, noting its 23% pullback from recent highs despite strong underlying business performance, including 33% revenue growth and expanding operating margins. He attributes this to Meta's successful rebuild of its AI-powered ad targeting after Apple's privacy changes and its strategic pivot into AI glasses as a future consumer device.

“The stock is down 23% from its recent high of $796 back in March. While the price was getting cut, the business was doing the opposite. Revenue grew 33% year over year, and operating margins expanded over 800 basis points in that same window.” — ▶ 01:11:00

The YouTuber recommends Corning due to the massive increase in demand for optical fiber in AI data centers, requiring 36 times more fiber than traditional racks, leading to extended lead times. Corning is a key supplier of this fiber, with its growth driven by the same photonics adoption that benefits Marvell. The company operates the world's largest fiber cable plant and has secured a multi-year, multi-billion dollar agreement with Meta, with operating income doubling as supply tightens.

“Corning makes the optical fiber cable that connects every server, every switch, and every GPU cluster inside a data center. And every one of those 63 million optical transceivers that we just talked about with Marvell requires fiber to carry that signal.” — ▶ 01:14:59

The YouTuber recommends Southern Copper Corporation because copper is an indispensable material for AI data centers, with significant demand from electrification and grid expansion leading to projected supply deficits. Southern Copper operates the largest reserve base of any publicly listed miner and produces at a significantly lower net cash cost than competitors. The company has shown strong revenue growth and high operating margins.

“Southern Copper operates the largest reserve base of any publicly listed miner on earth at 51.1 million tons, and they produce at 42 cents per pound net cash cost.” — ▶ 01:13:59

The YouTuber recommends Amkor Technologies as a critical second source for advanced packaging (co-wars) of AI chips, a process essential for NVIDIA's AI chips where demand is growing faster than supply. With NVIDIA consuming most of TSMC's co-wars capacity, other AI chip makers will need alternatives. Amkor's Arizona facility, supported by the CHIPS Act and adjacent to TSMC's US fabs, positions it to capture this overflow demand, with its advanced packaging business expected to nearly triple this year.

“TSMC performs most of this work, but NVIDIA already controls over half of TSMC's co-wars capacity, which means every other AI chip maker, think Broadcom, AMD, every custom ASIC builder, they're going to need a second source. And lo and behold, Amcor is that second source.” — ▶ 01:07:59

The YouTuber strongly recommends Constellation Energy, the largest nuclear operator in the US with 22 reactors and significant generation capacity after the Calpine acquisition. The company has a 20-year contract with Microsoft for the Three Mile Island restart, and its other reactors are expected to continue generating PPA revenue, benefiting from rising electricity rates.

“Constellation Energy, and they're the largest nuclear operator in the United States with 22 reactors. And after the Calpine acquisition closed in January, they're sitting on roughly 33 GW of total generation capacity.” — ▶ 12:00

The YouTuber suggests IES Holdings for its electrical work in data centers, noting its communications segment's extraordinary growth and a 62% jump in total backlog. Its relatively smaller market cap of $12.6 billion allows for aggressive compounding if data center construction continues at its current pace, supported by 23% annual revenue growth and nearly tripled operating margin over five years.

“As long as that segment just keeps printing 35% plus, then hyperscaler demand is intact and the runway just extends.” — ▶ 01:03:55:00

The YouTuber recommends Applied Digital, a data center developer focused on AI workloads, due to its substantial contracted lease backlog ($23 billion vs. $13 billion market cap), indicating it's undervalued. He points to a recent 15-year, $7.5 billion deal with a hyperscaler and the strategic spin-off of Chronoscale as positive developments for future growth.

“Applied Digital's market cap sits at roughly $13 billion, but their contracted lease backlog tops $23 billion. The company is priced at less than half the value of the contracts that are already signed.” — ▶ 01:05:48

The YouTuber recommends CACI International as a 'picks and shovels' play in the space industry, noting its quiet transformation into a space company through its ARCA acquisition. He highlights its strong financials, including half a billion dollars in annual free cash flow and a three-year revenue backlog, suggesting it's a profitable business currently undervalued.

“So if I'm looking to get into Casey, I'm comfortable right around the low 500s where it trades at right now because it's sitting below where I value the business.” — ▶ 01:02:29:23

The YouTuber strongly advises avoiding QPUX for long-term investment due to its nature as a 2x leveraged daily reset fund. He explains that while it appears to offer concentrated pure-play quantum exposure, the daily reset mechanism and leverage decay can severely erode capital over weeks and months, especially in volatile sectors, illustrating with an example of an 82% loss despite the underlying assets performing well.

“Let's start with the one that I would stay away from completely. And that would be the leveraged fund, QPEX. I already showed you what that daily reset can do to your money. And it's simply not something that I would ever hold for the long term.” — ▶ 12:40

The YouTuber suggests Terradine, a semiconductor equipment company that provides test platforms for AI chips. He notes that despite strong Q1 results with 241% EPS growth driven by AI demand, the stock fell, creating a buying opportunity. Terradine's technology is crucial for testing high-bandwidth memory (HBM) in AI accelerators, and the company is expanding into AI data center connectivity and test software.

“In April, Terradine reported Q1 results that beat expectations on every metric. earnings per share grew 241% year over year with AI-related demand making up nearly 70% of their total revenue. And their reward for this? The stock fell 19% on the news.” — ▶ 01:14:40

The YouTuber recommends Amphenol as a 'picks and shovels' play in the AI build-out, focusing on its physical connectors and high-speed cables for data centers. He notes record Q1 results driven by AI applications, a strong book-to-bill ratio, and a strategic acquisition that expands its coverage across the entire data center signal path, benefiting from increasing AI-driven cabling density.

“The book to bill of $1.24 means orders are coming in faster than they can ship. In January, they closed a $10 billion acquisition of Comscope's connectivity and cable solutions business, which gives Amphenol coverage across the full data center signal path.” — ▶ 01:09:50

The YouTuber recommends GE Vernova, a spin-off of GE's power business, as a key equipment manufacturer for the nuclear industry. It is building BWRX-300 small modular reactors in alliance with Hitachi. As utilities deploy SMRs, GE Vernova is positioned as one of the few Western players with the engineering depth and supply chain to meet this demand.

“GE Vernova. And they're a spin-off of GE's power business, and they're the ones that are building the BWRX-300 small modular reactors in a global alliance with Hitachi.” — ▶ 15:00

The YouTuber recommends Babcock & Wilcox Technologies as the only large-format commercial nuclear equipment manufacturer in North America. Its commercial backlog surged 85% year over year, and it has key partnerships, including with Kairos Power and Google. BWXT also manufactures TRISO nuclear fuel, positioning it to capture revenue from advanced and small modular reactors.

“Babcock & Wilcox Technologies, and they're the only large-format commercial nuclear equipment manufacturer within North America. And their commercial backlog surged 85% year over year by the end of 2025.” — ▶ 8:50

The YouTuber highlights Centrus Energy as the only US-based uranium enrichment provider, benefiting significantly from Russia's ban on supplying enriched uranium to the US. Its backlog has grown to over $2 billion in federal and utility contracts, indicating strong demand and a critical role in the domestic market.

“Centrus Energy, the only United States-based uranium enrichment provider. So, after Russia got banned from supplying enriched uranium to the US, the domestic market opened wide up, and they're the only player that's positioned to fill it.” — ▶ 7:50

The YouTuber recommends Cameco as a key player in the uranium mining sector, noting its position as the world's second-largest uranium miner and its 49% stake in Westinghouse Electric Company. This allows Cameco to benefit from both uranium extraction and reactor deployment, especially with significant government partnerships for new reactors. The company's share of Westinghouse profits grew 26% in 2025, indicating strong performance.

“Cameco started capturing economics from both sides of the supply chain. The uranium comes out of the ground on Cameco's side, and the reactor that burns it is partly Cameco's through the Westinghouse stake.” — ▶ 5:00

The YouTuber highlights Telescope Innovations for its self-driving lab technology, which significantly cuts drug development costs and time, validated by Pfizer's full deployment. The company also has a second product used by major pharma companies and has expanded into lithium refining, tying into the AI build-out's need for critical minerals, with real revenue and a strong team.

“Real revenue, top-tier pharma transitioning from pilots to full deployment, and a stock pushing all-time highs. That's the setup that investors are looking for.” — ▶ 01:05:20:00

The YouTuber suggests Credo Technology, a semiconductor company specializing in high-speed data interconnects for AI data centers. He highlights its power efficiency advantage, significant customer diversification away from Microsoft, and the strategic acquisition of Dust Photonics, which is expected to drive substantial optical revenue growth.

“The revenue grew 201% year over year with a peg ratio of 0.9. That's the highest growth rate of this list at the lowest growth adjusted price.” — ▶ 01:08:59

The YouTuber holds Quantum Computing Incorporated as part of his individual quantum stock portfolio, which he describes as 'asymmetric bets' on companies with high growth potential. He notes that the company is built around photonics, a distinct approach to quantum computing, and he invests in it with a small, survivable position, expecting significant returns if the technology proves successful, despite acknowledging a current securities fraud lawsuit.

“Now, for those of you that would rather own the individual stocks yourselves, let me show you exactly how I do it because I do own all four of these quantum names directly.” — ▶ 14:30

The YouTuber highlights Quantum Computing Inc.'s extremely low 2025 revenue, a major warning in its 10-K, and ongoing securities fraud lawsuits alleging the company overstated its relationship with NASA. He labels it as the highest-risk name on the list due to these serious allegations and financial concerns.

“Qubit's 2025 revenue was only $682,000. And their 10-K carries a major warning with it. On top of all that, the company's facing securities fraud lawsuits.” — ▶ 8:15

The YouTuber holds D-Wave as part of his individual quantum stock portfolio, which he describes as 'asymmetric bets' on companies with high growth potential. He notes that D-Wave uses quantum annealing, a distinct approach to quantum computing, and he invests in it with a small, survivable position, expecting significant returns if the technology proves successful.

“Now, for those of you that would rather own the individual stocks yourselves, let me show you exactly how I do it because I do own all four of these quantum names directly.” — ▶ 14:30

The YouTuber holds Rigetti as part of his individual quantum stock portfolio, which he describes as 'asymmetric bets' on companies with high growth potential. He notes that Rigetti uses superconducting circuits, a different approach to quantum computing, and he invests in it with a small, survivable position, expecting significant returns if the technology proves successful.

“Now, for those of you that would rather own the individual stocks yourselves, let me show you exactly how I do it because I do own all four of these quantum names directly.” — ▶ 14:30

The YouTuber holds IonQ as part of his individual quantum stock portfolio, which he describes as 'asymmetric bets' on companies with high growth potential. He notes that IonQ is one of the few pure-play quantum companies with meaningful revenue, and he invests in it with a small, survivable position, expecting significant returns if the technology proves successful.

“Now, for those of you that would rather own the individual stocks yourselves, let me show you exactly how I do it because I do own all four of these quantum names directly.” — ▶ 14:30

The YouTuber highlights Talen Energy's remarkable turnaround, with its stock increasing tenfold since emerging from Chapter 11 in mid-2023. It is now considered a pure nuclear operator after divestitures and has a significant deal with Amazon for 1.9 gigawatts. The stock's future growth is contingent on a favorable ruling in ongoing litigation, expected in Q3 or Q4 2026.

“The market completely wrote off Talen as a dying coal and nuclear merchant. And 2 years later, it's the cleanest pure nuclear operator in the anchor list after their 2023 divestitures.” — ▶ 14:00

The YouTuber suggests CQTM is worth watching or leaning into, placing it second on his list. He highlights its low expense ratio, active management, high concentration in pure-play quantum names (IonQ and D-Wave making up nearly half), and its focus on post-quantum security. However, he advises caution due to its very recent launch (less than a month old) and lack of track record, wanting to see it prove itself more before a strong long-term recommendation.

“The only real reason this one's not my number one is that it's just a few weeks old and I want to watch it prove itself just a little bit more before I'm willing to put some long-term faith in it.” — ▶ 13:38

Despite an active securities fraud class action suit, the YouTuber suggests NuScale is worth watching. If its integrated 77 MW design achieves NRC certification around the time the lawsuit settles, it could significantly change the small modular reactor (SMR) landscape and lift the stock.

“I think that NuScale is still worth putting on your watch list, because if their integrated 77 MW design hits NRC certification around the same time that the lawsuit settles, then the SMR, or small modular reactor, completely changes the playbook.” — ▶ 10:30

The YouTuber advises avoiding QTUM as a pure quantum play because it is primarily composed of chip stocks and AI/data companies, with only a small percentage truly dedicated to quantum computing. While it offers exposure to foreign semiconductor companies, it significantly overlaps with existing broad tech funds like QQQM, meaning investors might be doubling down on existing holdings rather than gaining new quantum exposure.

“Number three on my list is QTUM. And look, it's the biggest, it's the most established, and the easiest one to buy today, but as we just saw, it is barely even a quantum fund. So, I have it as third on my list precisely because you're mostly buying chip stocks, not quantum.” — ▶ 13:00

The YouTuber recommends Denison as a pure-play for rising uranium prices. It is a Canadian development-stage player with one of the higher-grade uranium deposits, offering exposure to future production.

“Denison, which is a Canadian development-stage player with one of the higher-grade uranium deposits.” — ▶ 7:15

The YouTuber suggests Paladin Energy as a pure-play for rising uranium prices. The company recently resumed production at its Langer Heinrich mine in Namibia after years of being offline, indicating a potential increase in supply.

“Paladin Energy, which runs the Langer Heinrich mine in Namibia, which just recently resumed production after years of being offline.” — ▶ 7:00

The YouTuber identifies Uranium Energy Corp as a pure-play for rising uranium prices. It is highlighted as the largest US-based uranium producer with shovel-ready in-situ recovery projects, positioning it well for increased demand.

“Uranium Energy Corp, which is the largest US-based uranium producer, with shovel-ready in-situ recovery projects in Texas and Wyoming.” — ▶ 6:45

The YouTuber suggests Energy Fuels as a pure-play exposure to rising uranium prices. It operates the only conventional uranium mill in the United States and is also permitted to process rare earth elements, offering a unique advantage in the domestic market.

“Energy Fuels operates the only conventional uranium mill in the United States that's located in Utah, with the bonus of being permitted to process rare earth elements that are alongside uranium.” — ▶ 6:30

The YouTuber includes Redwire on his watch list, recognizing its role in building space infrastructure like solar arrays and avionics, and its recent expansion into defense drones. However, he notes that much of its growth has come from issuing new shares, which he dislikes. He suggests waiting for a pullback to around $13 or $14, anticipating that the SpaceX IPO could cause a rotation out of other space stocks.

“So yeah, red wire is firmly on my list but the level that I'm watching for is closer to around $13 or $14.” — ▶ 01:07:31:02

The YouTuber sees AST Space Mobile as a high-risk, high-reward play, building satellites to beam cell signals directly to phones. He acknowledges its innovative technology and FCC clearance for many satellites but cautions that it's currently a 'vision' rather than a fully operational business. He anticipates a significant price drop to the low $80s due to its direct competition with Starlink and reliance on SpaceX for launches, making that a more appealing entry point.

“like to get the chance to go in at around the low 80s which I think is a lot closer to reality given how tight it is to SpaceX on both sides.” — ▶ 01:06:43:06

The YouTuber expresses interest in Rocket Lab but advises waiting for a significant price drop. He notes the company's growth in rocket launches and satellite manufacturing but warns that the company's plan to sell up to $3 billion in stock, combined with SpaceX's upcoming IPO, could cause a substantial pullback, making a price in the low $90s an attractive entry point.

“In fact, I'm looking more like the low 90s, which is roughly a third of where it is today. And given that it competes directly with SpaceX, a move like that is very much on the table once SpaceX lands.” — ▶ 01:05:40:05

The YouTuber identifies CLSQ as a microcap name in quantum security, focusing on post-quantum encryption chips. He views it as an early-stage opportunity where a single breakthrough could lead to significant returns, despite its pre-revenue status.

“There's CLSQ, which builds post-quantum encryption chips designed to protect systems before quantum computers can really crack today's encryption.” — ▶ 12:25

The YouTuber, in a sponsored segment, suggests Kootenai Silver as a buy, citing its position as a pure-play silver company with significant resources in Mexico. He emphasizes billionaire Eric Sprott's substantial investment and the current stock price being below recent financing rounds and analyst targets, while silver itself is critical for AI and space technologies.

“Kootenai's shares are 50% below those targets, and it's 35% its most recent financing, 50% below the analyst targets, and it's more than 50% below what a billionaire paid for it.” — ▶ 01:04:18:04