Luke Lango’s SUPRMAN Stocks Revealed (2023 Tech Melt)

Luke Lango is out with a new stock teaser that seems to be capturing a lot of people's attention.

In his 2023 Tech Melt, he claims he knows seven stocks that are going to explode during the AI revolution.

He uses the acronym SUPRMAN for these stocks, and each letter of the acronym represents a company he's pitching.

The good news is that I was able to figure out the names of the stocks he's pitching and reveal them below.

Additionally, I'll provide additional information on each stock so you can determine if they're good investments or not.

Let's get started!

Luke Lango's SUPRMAN FAQ's

I'm sure if you watched the entire 2023 Tech Melt presentation with Luke Lango, you had some questions.

Here are the answers to any questions you might have:

1) What is the theme of the presentation?

Stock pickers love hopping on trends and giving their best picks for those trends.

A few years ago, everyone was giving their picks for who was going to prosper because of self-driving cars (most of the stocks recommended tanked).

Earlier this year, you had a lot of people recommending natural gas stocks because of the Ukraine-Russia conflict.

And ever since ChatGPT lit the world up with its capabilities, stock pickers have all been enthusiastically giving their best stock picks for AI.

So what really is AI, and is it going to really change the world?

AI is basically when a machine or computer can perform tasks that normally require human intelligence.

Take chatbots, for example.

Previously, online chatbots were pretty rudimentary and could only help with a narrow set of problems.

A chatbot can now write your entire essays and help you pass the bar exam to become a lawyer.

This technology will affect many industries, including:

• Health care
• Education
• Transportation
• Entertainemnt
• Security
• Labor

And more.

Is it going to reshape life and the economy?

That's still to be determined, but I'm pretty bullish on AI.

In my opinion, it will shape things as much as Google has shaped things.

AI search is superior to Google in my opinion, and there's a reason Google is investing so heavily in AI search.

I'm already using Bing's AI search more than I am using Google.

I've incorporated ChatGPT into my work as well, and it's almost doubled what I am able to do in a day.

So I think AI is going to change things in a pretty big way, especially in the tech valley and search engines.

2) What is Symbiotic?

Symbiotic is a company in the warehouse space that makes products that help with inventory management in the supply chain.

They use AI-powered robots to move goods with high efficiency, speed, and flexibility.

The company went public early last summer, and here's what the stock has done in that time:

So the stock has done very well in the short time it's been public.

A lot of the price movement is due to AI mania, and investors are just buying anything AI.

There's a lot to like about this company, including:

• Growing industry
• Strong customer base
• Positive revenue growth (177% year over year)
• Experts like it.

On the flipside, here's what should concern you about this company:

• Still not profitable (loss of $20 million in the trailing twelve months).
• Lots of competition
• High valuation compared to peers (forward P/E ratio of 769.23).

3) What is Unity Software

Unity Software is a company that provides a real-time 3D platform for creating games, apps, and other immersive experiences.

This platform has been used to create popular games like Among Us, Fall Guys, and Pokemon Go.

Here's how the stock has done since going public:

Here's what to like about Unity:

• Large and loyal customer base (1.8 million active creators)
• Diverse and growing revenue streams
• Strong competitive advantage in the 3D market
• Positive earnings growth

And here's what to dislike:

• Still unprofitable
• Intense competition from Unreal Engine, Roblox, and GameMaker Studio
• High vaulation (forward P/E of 240.8)

4) What does Palantir Tech?

Palantir Tech is a company founded by Peter Theil, and the company went public in 2020.

It's an analytic company that's being sued in many sectors such as defense, intelligence, health care, finance, and energy.

It helps customers integrate, analyze, and visualize large, complex data sets.

Here's how the stock has done since going public:

Some reasons to invest in Palantir are:

• Big industry (many large sectors need big analytics)
• Strong revenue growth
• Our customer base includes the US Army, CIA, FBI, and more.
• Positive earnings growth

On the downside:

• Lots of competition from Microsoft, Snowflake, and Alteryx
• High valuation (forward P/E ratio of 240.8)

5) What is Recursion Pharmaceuticals?

Recursion Pharmacueticals is a digital biology and AI company that develops new drugs for various diseases.

It combines machine learning, automation, and other technologies.

It went public in April 2021, and here's how it performed during that time:

Here's why you might want to invest in this company:

• New techniques to find drugs
• Pipeline of drugs targeting 40 diseases
• Strong customer bases include Bayer, Roche, Takeda, and Bristol-Myers Squibb.
• Positive revenue growth (291.46% year over year in 2022)

Here are some reasons why you might want to avoid this company:

• Still unprofitable ($150 million in losses in 2022)
• There is lots of competition from Schrodinger, Insilico Medicine, and Benevolent AI.
• High valuation (forward P/E ratio of 240.80)

6) What is Mobileye Global?

Mobileye Global is a company that develops advanced driver assistance systems and makes products for self-driving cars.

It does this through a combination of cameras, computer chips, and software.

This company was initially bought by Intel for $15 billion, was spun off in October 2022, and is once again a publicly traded company.

Here's how the stock has done since being spun off:

There are definitely some good reasons to invest in this company, which include:

• The self-driving market is expected to grow a lot.
• Large customers that include Porsche, Volkswagon, BMW, Ford, and Honda.
• Partnerships with Intel, Google, and Baidu
• Positive earnings growth (8% year over year in the first quarter of 2023).

But there are some concerns, including:

• Intense competition for self-driving vehicles
• Regualrtory risks
• High valuation (forward P/E of 53.76)
• Dilution risks (Intel owns 93% of the company and could sell it to fund other projects)

7) What is Appian Corp?

Appian is a company that provides a cloud-based platform for building enterprise software applications with low-code development tools.

It also allows customers to automate the data sources.

It went public in 2017, and here's how it's performed in that time:

Some pros for investing in this company include:

• Useful service
• Servces large sectors like fainnce, health care, government and manufacturing
• Strong revenue growth )26% year over year in 2022)

As far as cons go you should consider the following:

• Not profitable (net loss of $150 million in 2022)
• Lots of competition from Microsfot, Salesforce, ServiceNow and UiPath
• High valuation (forward P/E ratio of 240.8)

8) What is Nice Ltd?

The last company being recommended by Luke Lango is Nice Ltd.

This company specializes in contact center software and uses AI for digital and workforce engagement management solutions in many different industries.

Here's how the stock has performed:

Some reasons for investing in this company include:

• Services in a wide range of sectors
• Strong revenue growth (13.54% year over year in 2022)
• Large customer base, including 80 of the Fortune 100 companies.
• Positive earnings growth (33.349%) year over year in 2022

Some reasons to avoid this company include:

• Intense competition
• High value (forward P/E of 24.81)
• Dilution risk as it issues more shares to fund acquisitions and growth

Wrappings Things Up

Alright, so that's the end of my post summarizing Luke Lango's SUPRMAN stocks.

This is really just a bet on the significance of AI.

If you believe it's a game changer and will affect every industry, then these stocks make sense.

They're in diverse sectors ranging from data analytics, video games, cars, manufacturing, and more, and they're involved in health care, finance, major global corporations, government agencies, and more.

If you think AI's effect will be marginal, then these stocks probably won't be that interesting to you.

Almost all are considered overvalued, and most of them aren't profitable.

They all more than likely have enough cash on hand to stay solvent for the foreseeable future, but they do have to eventually become profitable.

What do you think?

Are you investing in any of these stocks or any other AI stocks?

Let me know below in the comments!