u/Outrageous_Solid9668

The comparison sounds clean, but I do not think it really works.

PayPal has run into a much clearer ceiling. Payments are massive, but transaction growth eventually ties back to consumer spending, merchant competition, take rates, and pricing pressure.

Adobe feels different. Revenue is still compounding faster, and the ceiling seems much higher because creative software, documents, enterprise workflows, AI tools, and content creation can keep expanding with the digital economy.

That does not mean Adobe is risk-free. AI is a real concern. But calling it the next PayPal feels too simple when the actual revenue trend looks meaningfully stronger.

I know the headlines say Buffett, and technically this is Greg Abel at this point, but I still think it is interesting to see Berkshire continue buying Google even at these prices.

What makes it even more interesting is the contrast with Ackman selling out while Berkshire appears to be scooping up more shares.

Personally, I think Google may be one of the best businesses to own in the world. Search, YouTube, Cloud, Waymo, Android, and one of the strongest cash-generating engines ever built.

As a shareholder, it is reassuring to see Berkshire and Chris Hohn continue buying at these levels. It does not guarantee anything, but it is a strong vote of confidence from investors who are not exactly known for chasing hype.

Curious how others are thinking about this. Is Google still undervalued, fairly valued, or finally getting fully priced in?

Since Q4 2020, DoorDash revenue is up 410% while Uber revenue is up 376%.

The CAGR is almost identical too: 36% for DASH vs 35% for UBER.

Both seem like winners, who would you give the edge to?

AMD is getting more attention lately, but I still think Nvidia is the clear winner here.

The biggest difference is not just the chips. It is the business.

Jensen is in China doing what he does best: staying close to customers, governments, and major buyers while keeping Nvidia at the center of the semiconductor conversation. Whether every deal gets done or not, Nvidia is still the company everyone wants in the room.

AMD and Nvidia both have the same projected long(er) term growth. Over the next 3 years, they both are projected to grow around 40% revenue CAGR.

Nvidia is the Swiss Army knife of semiconductors. Their chips are not limited to one narrow use case. Customers can use them across gaming, data centers, AI, simulation, visualization, robotics, and enterprise workloads. That flexibility makes Nvidia harder to replace because users are not just buying performance — they are buying optionality.

That matters because customers are not just buying a chip. They are buying reliability, support, compatibility, and an ecosystem that is already deeply embedded.

The valuation gap is what makes this even more interesting. Nvidia trades around 50x earnings, while AMD trades closer to 150x earnings.

So the stronger company, with the deeper ecosystem and more leverage across the semiconductor stack, is trading at roughly one-third of AMD’s earnings multiple while projected to grow revenue at the same CAGR for the next 3 years...

AMD is a great company.

Nvidia still looks like the platform.

GOOGL’s TTM revenue mix is kind of ridiculous:

Search: $240B
Cloud: $71B
Subscriptions: $53B
YouTube Ads: $43B
Network: $30B

And that still does not fully capture DeepMind, Waymo, Android, Chrome, Gemini, TPUs, or the rest of the stack.

People call it a search company, but it looks more like an internet monopoly with side quests.

Tesla gets criticized a lot right now, and a lot of it is fair depending on what part of the business you are looking at. Margins have been under pressure, EV demand has been questioned, and the stock is still priced with a lot of future expectations built in.

But the balance sheet is one part of the story that I think gets overlooked.

Since 2016, Tesla’s assets are up over 1,100%, while liabilities are up about 533%.

That is a pretty meaningful gap. Tesla scaled aggressively, built out factories, expanded globally, invested heavily in energy, AI, autonomy, batteries, and infrastructure, but did not let debt grow at the same pace.

That gives them a lot more flexibility than most automakers. They are not boxed in by the same balance sheet pressure, and they have room to keep investing through a weaker cycle if they choose to.

To me, that is one of the more bullish parts of the setup. The company already survived the hardest scaling phase. Now the question is what they do with this financial position from here.

What would you like to see Tesla do most with that flexibility?

Google’s revenue breakdown is still dominated by Search, but I think the bigger story is how many verticals they now touch.

They have Search, YouTube, Cloud, Android, Pixel, Chrome, Maps, Waymo, Gemini, DeepMind, and their own AI infrastructure. That gives them exposure across ads, software, consumer devices, autonomous driving, cloud computing, and AI research.

The part I find most interesting is that DeepMind does not really show up as its own clean business line on the income statement. But it may be one of the most valuable pieces of the entire company.

Waymo is another example. It is still early, but if autonomous driving becomes a major market, Google already owns one of the strongest players in the space.

So while Search is still the cash machine, Google feels less like a search company now and more like a full-stack technology platform.

Is the market properly valuing all of Google’s verticals, or is it still mostly pricing it as a Search + YouTube + Cloud business? I know its went up a lot, but is there a better AI play?

SOFI revenue is up 477% over the period shown, with a 42% CAGR.

What makes it more interesting is that management is targeting around a 30% revenue CAGR from 2025 through 2028, while EPS is expected to grow even faster at roughly 38% to 42% annually as operating leverage kicks in.

Financial Services revenue was also up 41%, which helps show this is not just a lending story anymore.

And on top of that, CEO Anthony Noto just bought another $250K, bringing his total to about $500K purchased.

Hard not to notice when the revenue chart looks like this and the CEO is still buying.

Everyone here already knows the revenue growth is ridiculous, but this chart still feels absurd every time you look at it...

SanDisk went from grinding around the $1.6B to $1.9B range for several quarters to nearly $6B, and next quarter is expected to be over $8 billion

Yes, memory is cyclical, but right now they looks like it has the perfect setup: accelerating revenue, rising estimates, and a market that may still be trying to catch up.

Feels pretty unstoppable at the moment. what is a better bet in the market?

Chris Hohn basically slashed his Microsoft position from around 15% of his portfolio to about 1%.

What makes it interesting is that he added to the position last quarter...

I have been getting more skeptical of him after looking back at some of his past AI-related calls. He sold most of his Google position in 2023 around $100 due to AI disruption concerns, and also pushed Google to cut spending on projects like Waymo before Waymo became a major success story.

He is obviously a very smart investor, but he has not always been right on these big AI disruption calls.

Curious what everyone thinks. Did something fundamentally change with Microsoft, or is this another case of overreacting to AI?

And people thought search was going to zero....

Search is still carrying the business, but Cloud, YouTube, and Subscriptions are starting to add real weight.

Are you buying GOOGL here, waiting for a dip, or just holding?