Daniel Pronk

"Then we have Fordis, Duke Energy, and Nextera Energy. These are some of the highest quality utility companies in North America."

"Next up is Walmart and Costco. These businesses are critical for consumers and have grown consistently for decades."

"Next up is Walmart and Costco. These businesses are critical for consumers and have grown consistently for decades."

"Amazon and Google. Both of these companies are becoming tech ETFs of their own."

"CP and CN Rail. These two railroads are a duopoly in Canada and have networks that expand across the United States and down into Mexico."

"CP and CN Rail. These two railroads are a duopoly in Canada and have networks that expand across the United States and down into Mexico."

"Here's some different examples of businesses that met my criteria and actually made it into the Fortress Index, Visa, and Mastercard, which are the rails that global commerce runs on."

"Here's some different examples of businesses that met my criteria and actually made it into the Fortress Index, Visa, and Mastercard, which are the rails that global commerce runs on."

"Or if you like another stock that you think should be in the S&P 500 like Marcato Libre, then you can add that in as well."

"If you don't like Tesla, you can simply remove it."

"I have no interest in ever owning, like Verizon and Tesla."

"I have no interest in ever owning, like Verizon and Tesla."

"The first one is because in the first quarter of 2026, they had a double miss and lowered their guidance. So this says ZOD missed on both earnings and revenue and slashed its fullear outlook."

"Zodus was also a brand new business to me that I have never heard about before."

"So now let's move on to the next stock which is Zodus with the ticker symbol ZTS."

"So this one is not on my radar. It is not a stock I am interested in. And it seems like Michael Bur is investing in this one for a turnaround story."

"And when it comes to Lululemon, I think that it is clear that their business is seeing stiffer competition in North America."

"Now, my opinion on Lululemon clothing is that it has simply gotten too expensive and it has become a high-end athletic fashion brand."

"Now, here we can see that Lululemon's price to earnings ratio is down to 9.16."

"So, the earnings of Lululemon are also coming down and this is because its margins are being compressed."

"So, let's head back over to Stockholm Lock now and take a look at some of Lululemon's fundamentals here."

"So, Lululemon looks like they are actually expecting their fundamentals to continue to deteriorate for the remainder of 2026."

"So, it seems like Lululemon's America's business is declining, but its international business is actually growing strong and at doubledigit growth rates."

"All right, let's move on to the next stock now, which is Lululemon with the ticker symbol Lulu."

"So ultimately, I am not interested in this one. I do understand that its multiple is very very low, but it seems like the underlying business is not high quality and is being disrupted in some way."

"So, now let's head back over to Stock Unlock. And Fizzer is trading for about eight times earnings today, and about six times free cash flow."

"So last year, Fizzer was raising debt to buy back shares at the same time as its business looks like it is being disrupted and its fundamentals are actually declining."

"So to put it simply, Fizzer's business looks like it is actually being disrupted in some way and every metric is falling."

"So, right away we can see that Fizzer's business is actually declining right now."

"And the main growth engine of that acquiring business is Clover, which Fizzer acquired a couple of years ago."