$DUOL

$DUOL is super interesting. In my view, the market is treating it a decelerating growth stock, but 90% of its user base doesn't pay anything, they have a DAU/MAU ratio trending toward social network levels, AI is expanding the premium tier's value proposition, and an underappreciated DET franchise that is actively disrupting the TOEFL/IELTS duopoly. The bear case is not very punitive from here, the bull case numbers get wild. Founder-led CEO, excellent balance sheet, buyback program in place.