GRAB
Grab Holdings Limited Class A
stock NASDAQ

ACMR, GCT, AVEX, SOFI, NBIS, GRAB...

Would love to say NVO like others already mentioned, but if you’re specifically looking for 5x or more, I don’t think NVO is the most realistic candidate from current levels.
Two names in my own portfolio / watchlist that fit the “higher risk, higher upside” category better are GRAB and RILY.
GRAB (Food delivery, Taxi, Loans etc.)
GRAB has been widening its moat in Southeast Asia for years.
Uber was the first one to surrender and exited Southeast Asia years ago.
Delivery Hero exited their foodpanda food delivery service in Thailand completely.
Recently Grab agreed to acquire foodpanda Taiwan for $600 million, which would expand it into its 9th market and first market outside Southeast Asia if approved.
The reason I like GRAB is that it has become more than ride-hailing. It is now a super-app across mobility, food delivery, grocery, financial services and other local services.
Q3 2025 revenue was $873 million, above estimates, and management raised full-year revenue and adjusted EBITDA guidance, so the profitability story is moving in the right direction.
The stock has been held back by investments, acquisitions and future bets like autonomous driving / robotaxis, but I see that more as short-term pressure than thesis damage.
I already own 45K shares and have been pouring dividends into GRAB recently. In my opinion, this is one of the more interesting long-term compounder setups in Asia.
RILY (Financial services / Asset man.)
The second one is RILY, but this is a very different beast. This is deep value / turnaround, not a clean compounder.
The short version is that RILY grew too fast before and after Covid, took on too much debt, and moved too far away from its core competence through acquisitions it probably should have avoided. When rates moved sharply higher, the debt burden became a serious problem.
The bull case is that RILY has been forced to reset. They have been selling assets, reducing debt, and trying to get back to the parts of the business where they historically made money.
The company has reported meaningful debt reduction through 2025, including asset sales, bond exchanges and other balance sheet actions.
Oaktree’s involvement also matters because it gave them more flexibility and time to avoid a disorderly outcome. That doesn’t make RILY safe, but it does improve the odds that the turnaround has a path. I own 53K shares and I’m still adding.
So if I had to split them:
GRAB = higher-quality long-term growth / Asia super-app thesis.
RILY = higher-risk deep value turnaround.

GRAB 5X
It’s kind of Uber with a Fintech play in Asia that has some traction