Pro Picks: Justus Parmar
Three high growth stocks from Justus Parmar of Fortuna Investments
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Pro Picks from Justus Parmar of Fortuna Investments
1. Tesla (TSLA)
• Why He Likes It: Tesla is a generational company with a strong competitive moat in EVs, AI, and robotics.
• Catalysts: The rollout of full self-driving (FSD) subscriptions and long-term potential of Optimus robots.
• Price Target: Believes Tesla can grow into a $3T to $5T company over time.
2. Uranium Energy Corp (UEC)
• Why He Likes It: The U.S. has a major uranium supply gap—producing only 2M lbs while needing 50M lbs annually.
• Catalysts: Over 100 nuclear reactors are coming online in China and India, driving long-term demand.
• Price Target: Sees 40%+ upside, especially as UEC remains unhedged and can benefit from rising uranium prices.
3. Rocket Lab (RKLB)
• Why He Likes It: One of the only publicly traded pure-play space companies, deeply embedded in the space industry.
• Catalysts: Strong customer backlog, key acquisitions in space tech, and long-term growth in government contracts.
• Price Target: Acknowledges it’s up 800%, but still sees major long-term potential, would add if there was a pullback.
On the next episode of In the Money with Amber Kanwar: Dean Orrico of Middlefield talking about real estate investment trusts. E-mail questions@inthemoneypod.com and you could be featured on the show!
