 Okay guys, so I bought this stock back on June 11th, okay? I first bought it on June 11th I bought it several times since as it's been moving up. Okay, that was nine weeks ago total Okay, total investment has been ninety nine thousand dollars and right now today as we speak at the time that I'm filming this video It's worth two hundred and seven thousand dollars What's up everybody Ricky Caruthier welcome back to my channel So today I want to talk about this stock that I'm super excited about this went up a hundred and nine percent in the last Nine weeks if you know what stock I'm talking about go ahead and put it in the comments below or take a guess Okay, and as I give you more and more hints as we move along here Just take a shot at it. Let me know what stock you think it is in the comments I'll reveal the stock at the end of the video. So you may or may not know I invest a lot into the stock market I'm always buying and selling stocks. I love the stock market. It's one of my favorite investments Okay, that's one of my favorite little investment engines. I love real estate as well I have tons of real estate. I flip real estate. I have long-term real estate investments I have mid-term, right? I'll keep condos on the beach for a couple years and sell them I'll keep houses for a couple years and sell them. I'll keep houses for 30 years I'll flip properties within a month and I do the same thing with stock sometimes I'll buy stock with intentions of hanging on to it for 30 years sometimes I think to myself okay I'll keep this one a year or two and some I'm like I might sell this one a month We'll see how it goes But I have a strong seven figure stock portfolio and I throw money there every month Okay, so and I have a lot of cash on hand as well Okay in my stock portfolio account. I have a lot of cash on hand ready to buy and have a lot invested Now my favorite stocks, okay are You know traditional stocks, you know the blue chips. I've got Apple Amazon Facebook. I've got Tesla I've got Amazon. I got AT&T I've got Exxon mobile I've got a long list huge list of different companies that I own But this stock in particular is one of my long-term plays, okay? And I'm thinking five to ten years is really my play on this We'll see what happens, you know around the five or ten year mark and I'll decide where I want to go with this But I know for certain that this company is going to absolutely Explode over the next five or ten years. Okay, so I'll tell you that I bought 2,500 shares at $11. Okay, that was back on June 11 Since then I bought 750 shares at $15 700 shares at $15 550 shares at $18 500 shares at $19 another 500 shares at $22 and another 500 shares at $32 so I've been buying this stock all the way up and Hey, it's gonna come back down. Okay, the stock market goes up and down sideways left and right back and forth All right, and I'm looking for opportunities to buy in more if it continues to go up I'll just continue buying a little here a little there if it ever drops I'll throw a lot of money at it And this is one of those stocks that a lot of people out there saying that you know, this is a fad Okay, that this is not gonna last. There's no way they look at the model and they think no There's no way that that's gonna last. However Okay as time goes on and I'm gonna I'm gonna break this thing down I'm gonna get into the numbers of this company a little bit and show you why this company is not going anywhere It's gonna continue to crush the competition. Okay, and it's gonna dominate that industry Okay, now let me get into the numbers for this incredible company and I'm gonna go ahead and reveal it if you guessed expi exp World holdings case the holding company for expi realty they own several other companies. They have acquired several companies All right, and this company is here to stay. Let me run through a couple of these numbers for you Okay, first off the market cap for expi world holdings right now is 1.8 billion Okay, we're getting close to two billion remixes at 1.1 billion somewhere around there Okay, so they've already almost double the market cap of remax. Come on The second most interesting thing about expi is that in the fourth quarter of 2019 They turn their first profit as a company. Okay, they are now profitable and they've hit a profit every quarter since Okay, so they are a profitable company unlike Zillow uber some of these other companies who have never turned a profit Okay, so they have Profit, okay, they are a profitable company and they have zero debt Okay, zero debt and they have close to 70 million dollars in the bank. Okay, so you have a profitable company Okay, you have 70 million dollars in the bank and zero debt They also just acquired showcase IDX. Okay, they already acquired virabella, which was the virtual world That they operate under they just went ahead and bought the company They also own title companies and mortgage companies. This company is the Amazon of real estate They are just gobbling up companies and market share. Okay, now This is something that I think is very interesting and this is why I decided to put a hundred thousand into expi Several months ago. Okay, and I'm gonna continue to put money in as much as possible over the next five to ten years I would love to have a million of my cash in expi But here's here's something that I find this just super Interesting about the growth trajectory of this company. That is this. Okay, it took them nine years They were founded in 2009. It took them nine years to get to 12,000 agents and in just the last 18 months They added another 20,000 Okay, so they grew another 20,000 there are 32,000 agents right now Okay, now when you look at this graph this graph shows how correlated the number of agents and Their company's revenue is okay if you see that orange line is the number of agents and the blue Bars are quarter-by-quarter revenue with the growth that they're on right now The the path of the growth right this second with 32,000 agents growing by 20,000 in the last 18 months Where do you think they're headed? It's not this is this is not a big secret. This is nothing that You know, this is not I'm just wondering if this might happen. No, this is happening. Okay, and over the next two and a half years They'll be the largest real estate brokerage in the world. Okay, they're going to surpass all the other guys when they get to 130,000 they'll be right there with remax and KW and then what's going to happen? They're going to blow past them and just keep on going and speaking of the world Okay, they just announced by the end of this year. They're going to open up in four new countries So right now we're in the United States Canada UK and Australia Okay, by the end of the year, they're going to be in India France South Africa and Mexico What do you think they're going to do next year? They're going to open up in more countries and it's going to continue to spread I'm on a link a deck below that gives you a lot more details on where the company is right now Everything that they have going on but guys it is still very early for this company. They have so much room to go Okay, when you think about just the US they have 32,000 agents within US Canada UK and Australia right now. Okay, there's 1.2 million agents just in the US Much less Canada UK and Australia the four other countries they're opening by the end of this year all the other countries They're going to open up in the future so much room to grow I'm going to do another video right now after I film this one It's going to be on my first five months at EXP I'm going to tell you everything about my journey so far and if you notice I haven't done a single piece of content around EXP at all since I joined EXP Okay, but this is just too good. I have to share These first five months and everything that's happened and the position that I'm in is absolutely incredible This is not one of those too good to be true scenarios. I thought the same thing However, when you get in there and you understand what's going on on the backside, you know inside the company you realize Wow This is by far the best company out there light years ahead of every other company period I'm going to link another video below about joining my team if you're interested in that I kind of break down what it's like to join my team and a little bit about the the model of EXP And if you want to get on a call with me or if there's anything I could do to help answer any questions Just email me Ricky at zero to diamond calm or hit me up on Instagram at Ricky Karuth Where I answer every single deal. Okay guys keep crushing it. I'll see you on the next video. Let's go