IREN is a strong buy due to its competitive advantage in securing power and data centers for AI, despite being speculative and currently unprofitable.

All right, let's move over into the next stock, which is INEN. I recently made a video on Iran and the wheel strategy. And here's Ian, $16.4 billion market cap. no PE ratio because really there's no profit which you know is concerning but it's not really an issue because they will eventually be profitable and right now it's more so about revenue growth.

So this is the smallest name on the list and the most speculative thing that I own out of the five stocks 52- week range is from $25 to 77. It fell 46% from that high. You can see here, you know, the stock has been actually going sideways.

Although it's performed really well on a one-year basis, lately it has had a lot of volatility.

So, this one is pretty speculative and let's talk about what IN is and why I like it so much. So, IN builds and owns data centers and secures the power to run them. So, land, buildings, grid connections, cooling, um, racks, all that good stuff.

And IN is very unique that they used to be a Bitcoin mining company and they have become extremely good at finding stranded energy.

But because IRA was a Bitcoin mining company, their whole problem was just finding tons of electricity to mine more Bitcoin and that is their competitive advantage. So basically they own the facilities that everyone else is uh AI runs on inside.

Okay, they started their company with Bitcoin mining and that matters more than it sounds because mining Bitcoin taught them one skill better than almost anything else. That's how to find cheap power at scale, lock it in and build right next to it.

So it turns out that is the exact skill that AI needs.

I ran spent years uh standing in the queue before anybody was in it. Sites secured, power contracted, permits already through, and here are some of the data centers that they own.

They own data centers in Texas. They own data centers on the west side of Canada. They have Prince George, British Columbia, Canal Flats, British Columbia. They got Texas, Seawater, Texas, and another plant in Texas.

So, Blue Owl Capital led a 2.4 billion private credit financing deal for Iran Limited in late August 2026 to purchase advanced NVIDIA AI infrastructure. So, very, very bullish on Iran.

Now, let's talk a little bit about the missing PE ratio because that could be concerning. There's no earnings number to divide into. So, there's no PE ratio to really show. Most people see that and assume it means that the stock is bad, but it means that the company is just really spending faster than its earnings on purpose to build assets.

So, this is really deliberate and I want to give you an example.

Uh Netflix is higher, AMD is higher and then Iran is obviously we don't have a PE ratio, but when they do become profitable, I rent is going to have a high PE ratio.

So, what I'm actually doing is all five of these stocks I currently have in my portfolio. For some, like I ran, I'm doing the wheel strategy.