In today’s episode of ‘Best Stocks Now’, professional money manager Bill Gundersen and analyst Barry Kite delve into the current market trends, highlighting significant movements in major indexes like the Dow, NASDAQ, and S&P 500. They discuss recent earnings reports, emerging stories from major corporations, and a shocking incident involving a UnitedHealthcare executive. Learn why the NASDAQ is making headlines and why the market’s forward PEs indicate a rich valuation.
He’s been seen on CNBC, the Fox News Channel, and the Fox Business Channel. His articles can be found on MarketWatch, Seeking Alpha, thestreet.com, and many other places. He’s the author of the weekly Best Stocks Now newsletter and the inventor of the Best Stocks Now app. He’s president of Gundersen Capital Management. Here is professional money manager Bill Gundersen.
SPEAKER 04 :
And welcome to the Wednesday. It is the midweek edition of the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management, a nationwide fee-based only money management firm. And I’m here with Barry Kite, our chartered financial analyst. We’re off to a pretty good start here in the market today. A few earnings reports, a sales force, a big impact on the Dow today. and a few others like Okta, a software stock. And the Dow is up 187 right now to 44,892, very close to its all-time high. The NASDAQ, on the other hand, is hitting another third day in a row, a new all-time high. It’s up 147 points right now, 19,628. We’re getting ever so close to 20,000. On the NASDAQ, which three-day win streak now of new highs. The S&P 500, a new all-time high. It’s up 18 points, 6,067. Is the market getting expensive? Yes. Those forward PEs are quite rich right now, but the momentum in the market remains for now. The Russell 2000 small caps, they’re up one half of a percent. I noticed that we did have a little bump higher, about five basis points today in the 10-year, going up to 4.22%. And we also have a pretty good rise in Bitcoin today, which is at about 96,238. So welcome to today’s Best Docs Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management.com. And I’m here with Barry Kite, our Chartered Financial Analyst. And, you know, there’s always a lot of activity, a lot of weird stuff, a lot of shocking news, a lot of new companies to talk about on a daily basis. Today was kind of surprising. I saw just about 15 minutes ago that one of the CEOs, the CEO of the insurance division at UnitedHealthcare, was murdered outside of his hotel, and he was targeted. In New York City.
SPEAKER 03 :
Well, UnitedHealthcare. It was before his investor day. Really? We don’t know who the targeter was.
SPEAKER 04 :
Angry shareholder, it sounds like.
SPEAKER 03 :
It could have been something from that nature. We’re still trying to… play out a salary shot in the chest and leg um so we’ll uh i guess we’ll get more details on that i know well you know was watching me um one of the fed speakers uh you know an interview they were doing some kind of forum and uh they they broke in broke into that with this news um
SPEAKER 04 :
Yeah, well, UNH is a member of the Dow Jones Industrial Average, so it’s the biggest health insurer. It had that hack earlier this year. They were held hostage. They had to pay, I think, ransom to the hackers. So it is a big story, and we’ll see where it goes. Right now the stock, UnitedHealthcare, is not down. I saw that it was actually up a little bit, 1.2%. So anyways, another big story. Yesterday it was South Korea declaring martial law, which doesn’t happen every day. But the S&P did close at another all-time high. The NASDAQ hit another all-time high. Big Tech had a pretty good day yesterday. And today we start a new day with renewed momentum. The momentum from yesterday is following through today. And I would say that there’s a couple of big earnings reports that are driving the market today. It sounds like Jerome Powell is scheduled to speak sometime today. You can check that out. Let’s see. Does it give the time? You can usually tell because the market starts rocking and rolling one way or another.
SPEAKER 03 :
Yeah, I got it. I got it here in just a moment. Powell speaks at 1.40. Yes, in New York.
SPEAKER 04 :
I hope he’s not staying at the same hotel where this other guy was staying.
SPEAKER 03 :
Get them a Secret Service detail or something.
SPEAKER 04 :
Okay, so anyways, we’ve got that going on today. Attention now on Powell’s speech. Well, look, the only thing really at question right now is the December meeting, which I think is next week, and that will dictate whether or not they’re going to… to lower rates by another quarter of a point. That’s really all that is in question right now. And maybe with the threat of the tariffs, they’ll back off and won’t give any kind of a rate cut, which the markets probably wouldn’t like that.
SPEAKER 03 :
Yeah, we’ll get the rate decision two weeks from today. Okay, two weeks. As we sit, we’ve got a 74% chance of a 25 basis point cut. The same path that they’ve been on. What was that percent?
SPEAKER 1 :
25%?
SPEAKER 03 :
74. Okay, all right. Which means we’ve got a 26% of no change, right?
SPEAKER 04 :
So the market would not be happy. It would throw a hissy fit if it weren’t to get its quarter point rate cut, you know. It expects it. It feels entitled at this point to more rate cuts. Well, the South Korea stocks fall this morning as the president there faces impeachment threat after the martial law chaos. Well, it’s the 11th biggest economy in the world. It has a pretty nasty opponent right across the border from it in North Korea who supposedly has nuclear armaments, nuclear missiles. So, yes, you have to kind of watch a story like that when it happens. Meanwhile, our non-farm payrolls came in. That must mean that Friday we get the real jobs report.
SPEAKER 03 :
The non-farm people. Yeah, ADP. We got ADP today. Get the real one, like you said, non-farm on Friday, I believe.
SPEAKER 1 :
146,000.
SPEAKER 04 :
You know, we’ve had some anemic jobs reports here recently. The only thing I can say, though, on the other side of that debate is we have not seen any kind of a rise recently. in the initial jobless claims Europe I still worry about a lot of hurricane noise and a lot of European you know every day I see different reports coming out from Europe and they’re not good That doesn’t give me a lot of confidence in the global economy over the next couple of years. UK’s business optimism drops to its lowest level since December of 2022. I mean, I have not seen a good report out of Europe. I can’t remember when we saw this all. Three years ago. yeah only good data has been what on the inflation side and that’s because they don’t that’s because they don’t have any growth yeah and on the other hand their their uh energy prices are rising natural gas prices are rising i don’t know where they’re getting their natural gas from these days they don’t longer have a pipeline up there and uh you know it just seems like Europe is in a pretty bad malaise. You’ve got political problems in France. The UK has been having their share of problems. In fact, well, the French government is supposed to fall by this Friday and kind of have to start all over again. And they’re facing out-of-control costs like we are here in the U.S. So anyways, I continue to watch that. EPV is the Inverse European ETF. I owned it for a little while. I ended up selling it for a decent profit. But I may look to get back into that EPV again, which is a bet against the European stock market, which has not done well. I mentioned yesterday, while Argentina is up 64% so far this year, you’ve got France down 6.4% so far this year.
SPEAKER 03 :
Well, if the EU has to go to the negotiating table with the new Trump administration, they’re certainly not negotiating for a place of strength, to put it that way.
SPEAKER 04 :
Wait until you see the price on brie, French brie, come January 21st, right, at your local Walmart or your Trader Joe’s or wherever you get your French brie.
SPEAKER 03 :
Get Dom Perignon down to $100, right? It’s kind of like how we talk about oil prices.
SPEAKER 04 :
And then there’s Canadian whiskey, which, you know, I don’t even buy, but that price is going to go up. You’re going to have your Mexican tequilas, your Mexican beers. Shoot higher and we’ll see. You know, look who is warming up to Trump. Well, we know that, what, two of the radio hosts from MSNBC went down and met in Mar-a-Lago. Zuckerberg. is taking a look uh… and he is seeking an active role intact policy well yeah i’m sure he of course i don’t know if we’re going to let’s make my own rules right he would love to uh… dictate tech policy there at mata uh… but of note now we don’t matter and that i had a huge day yesterday met it broke out to an all time high and is now a 1.55 trillion dollar company it makes good sense from a valuation point of view and it’s one of the fastest growing large caps in the entire market what’s not to like and of course if you can get zuckerberg on good terms with the new administration that could only help we’ll be right back And welcome back here to the second quarter of today’s Best Stocks Now show. Well, I want to quantify. I want to stop and I want to quantify Meta, formerly known as Facebook for you. My criteria for stock selection is based on valuation. performance and a healthy stock chart okay and of course you got to have the market going in your direction too that always helps a healthy economy and we continue to have one but meta over the last 10 years has delivered an average return of 23.3 percent per year That’s not bad. Okay, the S&P has been 19.3% per year. So you have a company that has delivered alpha over the S&P 500. Now, over the last five years, it’s 25.3% per year. Even better. over the last five years and you compare that to the S&P 500 which is delivered 18.9% per year. I’m taking these numbers right from my Best Stocks Now app which exposes good companies and exposes bad companies. The three-year return of Meta, 25.6% per year. That’s if you take the price of Meta three years ago today and apply a compound annual growth return formula to it, you get 25.6, and that includes the small dividend that it pays. Now, that three-year return compares to 10.8 for the S&P 500, so that’s huge alpha, huge alpha that the stock has delivered. And over the last 12 months, Meta is up 89%, while the S&P is up 32%. So it’s got it going on. It gets a performance grade of A- in my system, which currently has, I think, 4,800 stocks in it. Let’s take a look here.
SPEAKER 1 :
4,897.
SPEAKER 04 :
Okay, now… So it passes the performance part of the strict criteria that I have with flying colors. It gets an A. Now we’re going to go to the valuation of the stock, and it’s pretty surprising to see an A-plus valuation. A-plus. Well, why is that? I have a five-year target price of $112. 12% higher than where the stock is today. My five-year target price is $1,292. That’s based on earnings next year extrapolated out at the five-year earnings estimates that are out there on the street. and then applying a multiple. And in this case, I’m not applying a big multiple. I’m applying a multiple that I think is appropriate for a stock in this sector. And you’ve got a little tiny dividend yield of 34 basis points, a little less than 1%. You have an A-plus value grade. You have an A performance grade. The momentum grade, which looks at recent performance over the last 3 to 12 months, is an A-minus. It gives Meta an overall rank of 14 out of 4,897. Not too bad. And I will say that yesterday, I mean, we already own Meta in our premier growth portfolio and in our dividend and growth portfolio. Each of those portfolios have a little less than 20 stocks in each one of those portfolios. So you have to be pretty good to make it into a very select list like that, not only in one portfolio but in two portfolios. And when the stock broke out yesterday to a new all-time high, I always see that as a catalyst, okay? That’s a catalyst. You’ve got a stock that’s going sideways, sideways, sideways for several months, and all of a sudden it breaks out to a new high and it goes through that resistance level. That’s a catalyst. Somebody sent me an email, what percentage of breakouts follow through? Well, I can’t answer that question, honestly. I’ve never done any empirical analysis. research on that it’s all I know is I’ve been watching charts for the last 25 years as part of my money management practice here and you’re more apt to get new highs from a stock that is just fresh freshly breaking out than a stock that has been going sideways or down I mean to me that is one of the best places to buy a stock because hopefully that’s the beginning of a new number two uptrend right
SPEAKER 03 :
That’s day number one. And that’s kind of technical analysis 101. Obviously, there’s technical analysis. You can get into some weeds and almost like seeing constellations, right? Yeah, I keep it simple. I keep it simple. And one of the simple rules, right, is, you know, a breakout or, you know, or in the reverse direction, meaning a place to sell it if we get a death cross, for example. And, you know, certainly a breakout on high volume, you know, add the high volume piece into it above average volume. And that usually, you know, empirical studies have shown that that usually, you know, is an ideal time.
SPEAKER 04 :
Yes, absolutely. And one other thing is a brand new high is even stronger because there’s no resistance. Okay, so you got Boeing was breaking out this past week, but it’s not breaking out to new all-time highs. It’s breaking out from a sideways trend with all kinds of overhead resistance to eat through. I mean, the stock is nowhere even near its all-time high. But when you have a stock break out to a new all-time high, for me, that’s even better because you don’t have that resistance, overhead resistance. And it attracts new buyers. New buyers see these breakouts, and they like to join in. They like to get in on a good thing, all right? So I personally like breakouts to new highs. It’s a heck of a lot better than buying a stock that’s breaking down to new lows. So anyways, whether you like Zuckerberg or not, okay? I know a lot of people just do not like that guy at all. Hey, I’m an investor. In stocks, and I look at earnings, I look at growth, I look at valuation, I look at stock charts. He obviously is a pretty competent CEO, whether you like the guy or not. I mean, look at the results he’s put up. You know, I know people, they don’t like the coach of the Chargers, right? Jim Harbaugh. Yeah, they don’t like his personality. My neighbor, I bring up Jim Harbaugh, he cringes, oh, I can’t take that guy. Well, okay, the guy, he was at San Diego. He took USD to an undefeated season. It’s a smaller college. Then he went to Stanford. He took them. I think he won a national championship with Stanford. Then he goes to the NFL, the 49ers. Then he goes to Michigan, okay. How can you knock the guy’s performance down? as a football coach. So I look at Zuckerberg kind of like a lot of people would look at Harbaugh.
SPEAKER 03 :
We’ve wrote a couple of articles about it. For a while, their multiple was depressed because no one likes Zuckerberg.
SPEAKER 04 :
Disdain for Zuckerberg. Zuckerbucks. Okay, when we come back… I think I do want to talk about this a little bit. UBS sees isolated signs of market frothiness. And we talked a little bit about this yesterday when we went through the forward PE ratios of the three major indexes. It’s definitely frothy. And some new stocks to talk about. We’ll be right back.
SPEAKER 07 :
And I wonder what it’s good for.
SPEAKER 04 :
This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. I put several hours of research in during the wee hours of the morning each day to bring you the very best cutting-edge stories that I can. To get two free weeks of my newsletter, go to GundersonCapital.com. To talk to us about our fee-based only money management services, call us at 855-611-BEST. Now, back to the second half of the show.
SPEAKER 06 :
And welcome back to the second half of today’s Best Stocks Now show.
SPEAKER 04 :
We talked a little bit about this yesterday, the frothiness in the market, UBS. They come out with a 6,600 target price for next year. But we did go through, I just want to remind you of these forward P.E. ratios. The Dow right now is trading at 20.7 times forward earnings. The S&P 500 is trading at, let’s see, 22.11 times forward earnings. Put that in perspective, the average is 18 to 18.5. Over the long haul. So we’re way, way up in frothy territory from a valuation point of view. On the overall market, the NASDAQ is currently trading at 34.8 times forward earnings. Now that’s not as bad as it was back in the year 2000. But we didn’t have strong earnings like we have here today in a lot of these tech stocks. For instance, just looking at Meta once again, Meta is expected to make $22.65 in earnings next year. and you can multiply that by how many shares there are twenty two point sixty five per share uh… multiplied by the amount of shares that’s a lot of money in the way of profit uh… for the company in fact the shares are i don’t know if i can even do the math on that there’s so many two point one five million shares okay or twenty one million shares So anyways, that’s a lot of money that’s dropping to the bottom line, and they’re expected to make $25 next year, which would be a 12% increase. So the numbers are there. The momentum is still there for the market. But yes, we are in frothy territory right now from a valuation point of view, which doesn’t leave much room for errors here. Okay, a few new new companies we talked about this one before portable portable nuclear reactors You can haul them to the church picnic, you know, to heat up the hot chocolate in the morning or whatever the case may be.
SPEAKER 03 :
Put them in the back of your… Roast a pig, you know, whatever. Put it in the back of your electric truck and, I guess, charge it along the way.
SPEAKER 04 :
Your Tesla, your cyber truck pulling a nuclear reactor behind you. Well, Nano, and we’ve talked about Nano before, N-N-E, and we had a picture of the Idaho Proving Grounds where the military has a big installation up there, or the government does, up in Idaho Falls. I have relatives that actually work there. Nano, let’s see, nano nuclear is up today. Is it hitting a new high? Not quite. It’s up 8.6%, closing in on a new all-time high. This is one I own in my incubator account, okay? I don’t think that it’s a suitable investment except for the most aggressive types of people, which would include me and my incubator account. I’m a big believer in the future of nuclear energy. It’s a resurgent. sector in the market so anyways they signed a memorandum of understanding that’s one below a letter of intent with the U.S. Department of Energy to collaborate in evaluating the feasibility of siting and construction of the company Zeus and Odin experimental micro-reactors. We’re talking micro-reactors. Micro-reactors. Okay, not these big domes that you see, but micro. We’ve talked about the other ones, the modular reactors that they’re building. The partnership with the Department of Energy’s Idaho Operations Office allows us to take multiple critical steps towards demonstrating the economic viability and real-world applications of nano-nuclears micro-reactor technology. The symbol is NNE. Other big news. Now this is totally different industry here, okay? If you want to become micro, maybe you’re macro now and you like to lose a little weight, ZappBound runs circles around Novo’s Wagobe. Did you see that? In a head-to-head trial. Yeah, by a lot. 47% greater relative weight loss compared to Danish rival Novo Nordisk. Now, I have a friend in the industry, and he told me this a long time ago. I said, I own both of the stocks. He says, why would you own that other one, the Danish one, Novo Nordisk? He said, Zetbound is way superior. It’s like the gold standard. And he’s right. He’s been reassuring me. Lily’s had a little bit of a rocky road here recently with the The compounders seem to be their biggest issue. And it seems like they’re getting the compounders under control somewhat. But this is huge news as far as I’m concerned. And look at the stock today. That was another one I sent out yesterday. Yesterday I sent out, we already own Meta, okay? Maybe you just came on board yesterday, spending the day with Gunderson, right, online with my messages. And that doesn’t mean you buy all the Gundersen stocks on day one. I tell you when to get into them. Yesterday, I sent out a couple on ones we already own. I said, look, we already own Meta. It still meets all my criteria. I have a lot of new clients that have signed up with us recently. In fact, Barry every day is putting them into the right groups as they come in. And so they’re positioned. And then I say, hey, I really like Meta here once again. And I go to my group trade sheet or software and I say, I want to make sure everybody’s got a 5% overall position in this stock meta. And it’ll show me how many shares I need to buy for each person. Now, we already own the stock. So, you know, maybe 400 people own it. And maybe only 10 don’t have the stock. Well, I buy the stock a 5% position for those 10. Okay, and I also sent out a Lilly buy yesterday. I said, look. Lilly still looks terrific from a valuation and growth point of view. Lilly’s going to have 110% growth in earnings this year. This is a $790 billion company with one of the biggest drugs of all time in Zepbound. Lilly got down to $711 billion. And, you know, I mean, it didn’t deserve it, but it did. Okay. And we bought more down there for new clients. And I bought more yesterday for new clients. And I also sent out an alert. I said, look, this isn’t a trade. I also delineate what I consider to be a trade and what I consider to be an investment. Lilly is a core holding here at our firm. It’s one of the largest holdings. There’s very few stocks that we own both in our premier growth portfolio, which only has about 18 or 19 stocks in it, and our dividend portfolio. Meta. and Lilly are in both of those portfolios because they also pay a dividend yield. So anyways, big news. Lilly Zepbound outperforms Novos Wagovi for weight loss in a head-to-head trial. And Zepbound, which is terzepatide, competing head-to-head with Novo Nordisk Wagovi, which is semaglutide, 47% greater weight loss in the first head-to-head trial of the two blockbuster weight loss drugs. The study was sponsored by Lilly. People got questioned a little bit. They gave the ZepBound people, they fed them free lunch every day, or the Wagovi people. ZepBound lost an average of 20% of their body weight, and those on Wagovi only lost 14%. Now, when you put the numbers to it, that means 50 pounds on ZepBound they lost. and 33 on wagovi so anyways that is a huge huge piece of news in my opinion for lily and yes i still like lily at this price it meets all of our criteria okay all right now microsoft ai and there’s big news on ai amazon has an ai chip did you know that Yeah, I saw that this morning.
SPEAKER 03 :
It’s receiving high praise.
SPEAKER 04 :
We also own Amazon in our premier growth portfolio, and Amazon is hitting a new all-time high today, $2.3 trillion. You know three of our largest holdings now, Amazon, Lilly, and what was the other one, Lilly? Of course, NVIDIA.
SPEAKER 03 :
Oh, yeah. Meta. Meta. All right.
SPEAKER 04 :
Okay. When we come back, Apple is praising Amazon’s AI chip. What? A competitor to NVIDIA? What else does Amazon have? We’ll be right back.
SPEAKER 07 :
On a winter’s day.
SPEAKER 04 :
And welcome back here to the final segment of today’s Best Docs Now show. Why is Amazon breaking out to new all-time highs? And by the way, Amazon still meets all of our criteria. Believe it or not, big tech has kind of been left behind here over the last several months. Amazon unveils Tranium 3 chip, which Amazon refuses to back down in the artificial intelligence chips race. as it revealed its latest in-house AI chip, the Tranium 3, while building what it calls an ultra-cluster with Anthropic. Okay, Anthropic is a different AI protocol that competes with the ChatGPT and OpenAI. It’s composed of hundreds of thousands of Tranium II chips. So, anyways, now you’ve got… What isn’t Amazon into? Flying cars.
SPEAKER 03 :
Not yet. Driverless vehicles. We’ve got… Yeah, they went big on… That’s right. Bezos obviously has some… has his own rocket aspirations as well. So, I don’t know.
SPEAKER 04 :
Yes, well, and NVIDIA continues to dominate the market share for AI chips. Let’s just check in on NVIDIA today.
SPEAKER 03 :
Don’t forget they deliver, what, the most packages in the U.S. as well now?
SPEAKER 04 :
Yeah, I mean, they blow FedEx and the others, UPS, away. NVIDIA’s moving pretty well. NVIDIA’s hitting 142 right now. It’s trading in a 132 to 150 range. And I said late last week, I said, you know, NVIDIA is down at the bottom of its trading channel. It’s been in the sideways trading channel. This is a good time, a good entry point on NVIDIA. That’s part of the lessons and instruction and advice. Not advice. I’m trying to teach people on how the market works. There’s such a thing. Support resistance. Support resistance. You’ve got a bottom line, which is the support, the floor of a stock. You’ve got a top line, which is the resistance. And a lot of times stocks will remain in a trading channel for quite some time. And obviously you want to buy it down near the bottom of that trading channel. And when it gets to the top of that trading channel, you want to watch it very, very closely because it can bounce back or it can break through to new all-time highs, which Meta did yesterday. But NVIDIA was at the bottom of its trading channel last week. So anyways, there’s some competition for NVIDIA. Here’s a nuclear story. Meta leans towards nuclear energy. And I saw Vistra just taking off here today, VSD. which is probably the best way to play the nuclear energy, the safest way to play it right now. You get down into nano-nano and little portable nuclear generators that you’re pulling around behind a pickup truck. I don’t know what they do. I’m sure they don’t do that. But anyways, I mean, that nano-nano is at the other end of the spectrum from Vistra, VSD, which is a big energy broker down in Texas. Okay, and then the other one that I brought to everybody’s attention, I think two mornings ago, three mornings ago, a brand new one that showed up on my radar. It has backing from NVIDIA. I should have bought it right then and there, but I didn’t. Nebius. Third day in a row we’ve talked about it. NBIS surges as Citron. Now, that’s Andrew Left, who I don’t really care for. He usually is a short seller. Pounds the table saying that the CEO of Nibius is the real deal. And he says he could be the next AI Wall Street darling. Well, look, he’s a promoter. uh andrew left over at citron uh but uh this what can i say the stock the chart is just starting to take off like crazy here uh it has a very short trading history uh it went public in october i don’t know if these earnings estimates are right but i’m looking at 2025 and uh marketsmith has them at seven dollars per share in earnings And the stock’s currently trading at $32.60. It’s up 11.1% again today. That’s why I put those stocks into my app. Hey, let’s see if it’s got a ranking yet in the app. Usually when I enter them in, it takes a day or two. Let’s look at NBIS today. It’s ranked number 1,496 as of yesterday. But it’s up 55% since it went public. And I haven’t done a valuation on it. And it looks like I still need to add those valuation numbers in there now that we have valuation. That’s the first time I’ve seen earnings estimates over there. So definitely one to keep your eye on. It’s a smaller stock, but it’s already $10 billion, Barry. It’s out of the Netherlands. You know, that’s what makes this business and job so fun. You can tell I really enjoy what I do.
SPEAKER 03 :
$10 billion, the new small cap.
SPEAKER 04 :
Just like that, $10 billion. But I’m showing $7 in earnings, which I’m going to double check. I go to my sources for earnings estimates. FactSet Research is usually the best to go to. which is a pay subscription. Okay, the last one I’m going to mention here today, Public Square, PSQH. It’s all a buzz. It’s all a flutter. It was up yesterday 300%, I want to say, because Donald Trump Jr., Has been added to the board of directors. And Willie Langston. I don’t know who Willie Langston is. I’m going to look it up after the show. But this is a company that is a website that empowers like-minded patriots.
SPEAKER 03 :
Yeah, basically patriotic purchases or patriotic.
SPEAKER 04 :
Is it social media?
SPEAKER 03 :
Yeah, I think it’s products, if I’m not mistaken, from what I was looking at.
SPEAKER 04 :
I’m going to have to look into it. but it is uh skyrocketing yesterday’s coming back to earth today it’s down 33 but uh you know look we uh okay and then one last story elon musk pay package is going to go to the supreme court And I think the Supreme Court would say that a Delaware judge does not have the power to dictate what Elon Musk’s pay package is. That’s what I’m thinking. But we’ll see what the Supreme Court says. Okay, that will do it for today. Now, the Black Friday, Cyber Monday, what’s today, Wednesday? We’re still offering four free weeks of a master class on the market while I am doing my business here right alongside with you as a professional money manager for the last 30 years. You can sign up at GundersenCapital.com. There is no cost. GundersenCapital.com. If you say, I don’t have time for all of this nonsense, Gundersen, Call us at 855, set up an appointment, 855-611-BEST. 855-611-BEST. Have a great day, everybody.
SPEAKER 02 :
This show is not a solicitation to buy or sell any securities. Bill Gunderson or clients of Gunderson Capital Management may have long or short positions in stocks mentioned during the show. Past performance is not indicative of future performance. Gunderson Capital Management is a fee-based registered investment advisory firm. All accounts are held at Charles Schwab. Schwab is a member of SIPC and FINRA.
