As economic uncertainties linger, the latest episode of Best Stocks Now brings light to the inner dynamics affecting today’s financial realm. Hosts Bill Gundersen and Barry Kite keep investors informed, evaluating the DeepSeek phenomenon, discussing tech giants’ quarterly earnings, and assessing how government initiatives may influence fiscal policies. Follow along to understand how these elements interact with stock performance, the realignment of portfolio strategies, and potential investment opportunities that might arise.
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 03 :
And welcome to the Wednesday, the mid-week edition already of the Best Stocks Now show with professional money manager Bill Gunnarsson, president of Gunnarsson Capital Management. I’m here with Barry Kite, our chartered financial analyst and certified financial planner. And we have a mixed day going on. I think it’s fair to say that not a lot’s going to happen until about 2.30 p.m. today, Eastern Standard Time. when our chairman, Chairman Powell, talks about the latest Fed move or non-move. More importantly, the prospects going forward for further moves. So right now you’ve got the Dow up 68. The NASDAQ is down 85, split market. The S&P is down 9, but not much movement one way or another today. The Russell 2000 is dead flat right now in the water. No wind in its sails whatsoever. We’ve got the 10-year also. It was up a couple of basis points last time I looked at 4.53 as it awaits Chairman Powell’s comments today. Oil going nowhere. $73.40 is where oil is parked right now. And gold has been parked in that 27 to 2800 area for a long, long time. It’s at 2776. And Bitcoin is also very quiet today, all quiet on the Western Front today. Bitcoin down $9.44 to $102,000. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. I’m here with Barry Kite, and the rubber ball in the market continues to bounce. We had the big down day on Monday. after that uh… deep the seek news and then i would say we regained about sixty percent maybe two-thirds of what we lost In the tech stocks on Monday, I’d say about two-thirds, 60%, somewhere in there, came back yesterday. You know, deep seek continues to be put under a microscope, and we’re finding out a few things.
SPEAKER 04 :
Some of the feds are looking into it today. They’re starting to kind of pick it apart a bit.
SPEAKER 03 :
The Navy banned the use of DeepSeek. Elon Musk really questions the claims on how many chips they use. He thinks they used a lot more than that. And he thinks he used a lot of NVIDIA’s high-end chips that they’re not supposed to have access to. So that story continues to have some light shed on it. And we did have a pretty good comeback. The NASDAQ was up 392 after being down about 600 points on Monday. And the AI stocks did come back quite a bit. NVIDIA had a good day yesterday. Other stocks had a good day. The software stocks had an amazing day yesterday. CrowdStrike, Palantir. a lot of fire underneath that right yes i think that security is a big issue a big issue with uh people now downloading deep seek on their iphones and asking it questions i have not i don’t know if i want to download it on my iphone or not i’ll tell you my story here’s how far i got it was funny i downloaded it right as soon as that story came out you know on monday and then uh
SPEAKER 04 :
logged it, clicked on it, and it asked for my phone number and a password. And I was like, delete. I’m like, deleted the app. So that’s how far of deep seek I got. I did see the whale logo on my phone just for a minute, right? And then I deleted it off the phone. So I don’t think I’m going to revisit it for a bit.
SPEAKER 03 :
Yeah, no, that’s a little scary. Yesterday, the beneficiaries of AI, look, if AI’s gotten, if it’s true that all of a sudden now it’s a lot cheaper to use AI. Meta had another very good strong day yesterday. Amazon broke out to new highs yesterday. They’re beneficiaries of this move. And that’s what I saw in the charts. I made a little list of stocks that were bouncing higher yesterday, breaking out to new highs. And I have to assume that they’re on the right side of this whole deep seek move. But then most of the stocks that are involved in RAI had a really good day. Microsoft had a terrific day yesterday. NVIDIA came storming back, was up 8%, but it remains in a sideways funk. It really does. Between 120 now and about 150. But there were a lot of really nice moves in the market yesterday. Now today we get the FOMC meeting announcement at 2 p.m., which everybody expects. No change. A quarter point rate hike would probably really set the market, or rate drop would really set the market on fire. I don’t think that’s going to happen.
SPEAKER 04 :
The futures have a 99.5% chance of no change.
SPEAKER 03 :
Well, you never know. I’ve seen horses win that you never thought they had a chance to win. It doesn’t happen very often. When it does, it sure pays a lot. 2.30 p.m. is the press conference, and most people will be listening to that. There’s where the action comes in.
SPEAKER 04 :
And he’s not always the greatest at the press conference.
SPEAKER 03 :
No, he can be a scary guy. RFK also appearing before the committees today in his hearing. I think he’s got an uphill battle, but it would be very interesting to hear what he’s got to say. He’s backed off quite a bit from some of the vaccine statements he’s made in the past, saying that all his children have been vaccinated. So that could be some interesting theater today. And then, of course, tonight we’re going to get some big tech earnings. That’s really a big deal. You’re going to get Microsoft number one. They’ll have a lot to say about DeepSeek and, in fact, Microsoft.
SPEAKER 04 :
And about NVIDIA in terms of their CapEx spending.
SPEAKER 03 :
Exactly. And Microsoft is saying that, hey, we want to know whether or not they infringed on our open AI investment company. on any of the patents, borrowed any of their database, etc. They kind of smell a rat a little bit, it sounds like to me, does Microsoft. Meta is going to report today. Meta is the engine that just keeps on going, man. It just is an earnings monster. Breaking out to new all-time highs. By the way, as I looked at the app today, Vistra’s been in the top spot for a long time. And just that one day on Monday where Vistra was down 23% knocked it out of the top spot. And guess who took over the top spot as the number one ranked stock in the app right now? Meta. Wow. Zuckerberg’s Meta. So that just tells you. I mean, here’s a legacy tech stock, really, that’s been around for a long time. Big cap. But what a powerhouse when it comes to earnings, okay? That’s why you kind of have to set your political opinions aside when you’re investing. Maybe you don’t like Zuckerberg. I’ve had a few clients, just a few over the years, that says, don’t put me into Facebook. Back when it was Facebook. But you know what? Look, I mean, you’ve got to set that aside, and you’ve got to look at earnings, earnings, earnings, earnings, and they have lots of them. And if that’s not enough, Tesla is going to report after the close. So between 2.30 and about 5.30. And, of course, wrapping up the RFK Jr. testimony for the day. It could get really, really, really interesting.
SPEAKER 04 :
Yeah, get your bathroom break in beforehand because it’s going to be busy. Get the popcorn ready. Right.
SPEAKER 03 :
Okay, in the meantime, you know what? We’re starting to see Doge in action, although it’s kind of in the background. You know, I was commenting to my wife today. It seems like they’re taking private sector ideas, all right? If a private equity firm comes into a bloated, fat, you know, sleepy public company and turns it around, what do they do? They go in and they get rid of the fat and they identify where the money’s going. And that seems to be, I was telling her, we’re getting private sector people, like top private equity guys that have been involved in turnarounds. And if anything ever needed a turnaround, the federal government. If you did a poll, do you think that the federal government operates efficiently? How many people say, oh, yeah, man, those guys, they are so efficient over there. But I think they’re bringing private sector ideas and implementing them. And it sounds to me like, well, number one, it’s a private sector idea to say, hey, you know, if you want to quit, if you want to resign, we’ll buy you out. That’s one way to get rid of a lot of fat because it’s a lot cheaper to buy them out than to keep paying bloated payrolls over the next several years. And then it sounds like they’re taking inventory of all these little programs. That’s where the fat and the pork is. We’re spending so much for a study on this and a study on this. And he put a halt to that yesterday and it’s costing quite a quite a stir out there uh… in washington dc will be right back And welcome back here to the second quarter of today’s Best Docs Now show. On a quiet day in the market until about 2.30, and then it will start barking and howling and yipping and everything else. And at about 4, a little after 4 p.m., we get earnings from Microsoft, Meta, and Tesla. Three of the biggest earnings reports of the entire quarter coming in the after hours today. So if you’re a government employee, if you choose to resign by next week, and I’m sure there’s plenty of people that don’t want to work for Trump, right? I’m out of here, pal. I’m sure there’s plenty of cardboard boxes available to clear out their desk and take a check and be done with it. That’s the offer on the table. Now, the funding freeze caused a big stir yesterday because I think it was a little bit on the messy side. But what I think they’re trying to accomplish, you know, when you see these bills, these omnibus bills get passed, there’s the devil is in the details. They name it something like the Inflation Reduction Act, right? And inside of it is all kinds of little goodies. It’s really a spending act. Yes, for here and there. And I think you’re seeing Doge at work in the background saying, wait a minute. We’re putting a freeze on all these grants, loans, et cetera, and we’re going to take inventory on every check we write to one of these things, see where it’s going. what it’s accomplishing, etc., etc., etc. And here’s a real-life example here. Calumet says that they have a deal to get a $144 billion Department of Energy loan Calumet is a, I think it’s a natural gas company or chemical company. Production of, no, they’re oil, okay. And they’ve got a sweetheart loan coming from the federal government. And yesterday they got a notice saying, hey, hey, you’re going to have to wait on this until we review it to make sure it’s in alignment with the priorities of the new Trump administration. You know, that’s how a turnaround person goes about. That’s where they begin is taking inventory, number one, on everybody that works at a firm going around, what do you do here? You know, how long have you been here? Blah, blah, blah. And then, of course, all of the expenses, all of the checks that are written. That’s where you have to begin. You have to get an inventory and get that under control and start monitoring anything you’re going to add to that. It’s going to be hard to add to that. And then get rid of those things that you think are wasteful. I’m sure there’s plenty of that out there. Yeah.
SPEAKER 04 :
And I think it was interesting because the piece I caught on it in terms, I think a judge kind of blocked it for the moment. And the interesting piece was that apparently the thought is, of course, the Congress sets the budget and whatever, let’s say they say you’re spending, okay, we approved a spending of however many trillion this year or whatever. In other words, once they approve it, it’s basically that money has to get spent.
SPEAKER 03 :
Set in stone.
SPEAKER 04 :
Which is ridiculous. So let’s say you didn’t need – let’s say, oh, well, we came in $200 billion short or whatever the numbers are, right? It’s like – Oh, well, you still have to spend it, so it’s got to go somewhere.
SPEAKER 03 :
You can’t do that as a company. What if there’s a massive hit to the economy? Well, you still have to spend it. You’re on the line for that. You can’t lay anybody off. No, you have to be more nimble. But I don’t know how the laws work there. If they’ve approved a loan for Calumet, does that mean that they have to give the loan to Calumet? I just think it’s a pause and a time to take inventory. Steve Cohen. Steve Cohen’s a smart guy, and I agree with this. He says that deep-seek disruption is bullish for the AI landscape because it makes it more affordable, and it gives more companies opportunity to put AI to work and adopt it. Exactly. And it’s going to take a lot of chips, as our friend at NVIDIA has said. It’s going to take a lot of chips.
SPEAKER 04 :
And I heard Microsoft’s CEO, he said he’s got the chips. He said he needs power. I was like, he needs more. He said he’s got enough chips at the moment. He goes, I need more power.
SPEAKER 03 :
Well, you know, that’s another issue is there was a pretty good rebound in the nuke and power stocks yesterday. Not as much as I thought there would be. But there was a pretty healthy rebound yesterday. I don’t think that you can discount and say, oh, well, we can do AI now on a shoestring. We’re not going to need all that power that we thought we were going to need. I think that’s wishful thinking. So anyways, DeepSeek surpassed a million downloads on Android. I do have an old Android device just to check in on my Android app from time to time. Maybe I should download DeepSeek, start asking it some questions. I saw a question on X just now. I’m going to open stock accounts for my two kids this year and put $100K into each. What would you purchase in this situation? They are older teens with many decades of growth and compounding ahead of them. And so ask DeepSeek, Barry. Of course, you didn’t put it. I’ll put it on my Android. I don’t care if the Android one blows up, to be honest.
SPEAKER 04 :
Put it this way. It asked me for a phone number and a password, and I’m thinking, I’m not going to put my phone number in there. Your address and your social security number. Yeah, and guess what? You put your password in there, and then don’t put one you’ve used in anything else ever before.
SPEAKER 03 :
I’m going to ask DeepSeek to write my newsletter for me this Friday and see what comes out of that. Microsoft is probing if DeepSeek’s improperly used open AI data. I’m sure they did. Because, you know, the data that is really valuable is English-speaking data from America. And I don’t know where else DeepSeek is going to get access. What you’re basically doing is you’re pulling in all of that data when you ask a question, and it’s going out there and finding everything pertinent to that question. I mean, it’s amazing technology, really.
SPEAKER 04 :
Well, and all these companies already dealt with it. I mean, you remember kind of in the early days of them training some of these models, whether it was Google’s What Gemini, whether it was ChatGPT, all that, everything came up in terms of, okay, where did you get the data? And then you had a few lawsuits, things going back and forth in terms of what data did you use? Were you able to use it in that instance? And my guess is they might not have had as much influence oversight, maybe, as we may have here.
SPEAKER 03 :
And don’t forget, I mean, we’ve got, in the Trump administration, of course, David Sachs, who is a very well-known guy in Silicon Valley, he is Trump’s AI czar. He told Fox News on Tuesday that there’s substantial evidence that DeepSeek distilled knowledge out of OpenAI’s models. Distillation is where they take it from someone else and distill it down and use it. And he says that’s going to lead to our companies protecting their data from them stealing it like that. So anyways, interesting story. We’ll be right back.
SPEAKER 07 :
Well, the top brass don’t like him talking so much. And he won’t play what they say to play.
SPEAKER 03 :
Now, back to the second half of the show. And welcome back here to the second half of today’s Best Stocks Now show. Let’s just take a look at the app on Meta. Why is it the number one ranked stock out there on a relative basis? When you compare it against the other, I’m up to 5,000 now. I think I hit the 5,000 mark yesterday, as I’m always adding on a daily basis. A few here, a few there. We’re up to 5,002 now that we crunched those numbers on. Meta currently gets an overall Gundersen stock grade of A+. Number one, okay, number one ranked out of 5,002. Well, over the last 12 months, let’s see, what is Meta’s size these days? Meta is 1.69 trillion, trillion, from a Harvard dorm room, right? It is up 72% over the last 12 months, while the S&P is up 24.1%. So it’s tripled the returns of the S&P and I would say that the app is weighted a little more towards recent returns than, you know, 10 year ago returns, obviously.
SPEAKER 04 :
There’s a little bit of that momentum factor.
SPEAKER 03 :
Yeah, there’s a little bit of waiting there. And the momentum grade is A right now. Over the last three years, it’s delivered to investors 32% per year. The S&P is 13.5%. Take that, Kimberly Clark. And over the last five years, Procter & Gamble, Meta has delivered 26% per year compound annual return versus 17.5% for the S&P 500. Now, that’s looking backwards. That’s performance. It gets an overall performance grade of A. so you know that takes into account the recent performance the intermediate-term performance which is three to five years and the long-term performance which is five to ten years but equally as important as the valuation where does it go from here and you know I learned a long time ago early in my career I favor five-year valuations If we’re going to come up with five-year growth, anticipated growth rates, then why do we have six-month valuations? It seems to me that five-year valuations take a lot of the emotion out of the way, and they can be updated on a regular basis and looked at to make sure we’re still on track. That’s kind of what you do as a certified financial planner. You say, look, here’s where we should be 10 years from now. And along the way, you look and say, here’s where we are three years into it. Here’s where we thought we would be. Four years, right?
SPEAKER 04 :
Yeah, here’s where we thought we would be. And you look at it, and it’s like, okay, and here’s where we’re at. Yeah, exactly. And okay, any difference, and here’s why.
SPEAKER 03 :
This is just logic to me. Okay, so now let’s look at the valuation. I just take the earnings estimates. Now, Meta has been growing their earnings by 18%, but it’s really kind of ramping up here. They’re looking for 46% growth. After this quarter that they report today, they should finish the year with 46% growth versus last year. Then they’re looking for 12% this year. I think the next five years, let’s see, the next five-year growth rate estimate right now is 19% per year, which I think is reasonable. I think they can do that. That’s earnings growth. Okay, so let’s extrapolate those earnings out over five years, and let’s apply a multiple, a unique multiple, that fits that particular industry, that kind of growth rate, their market share, their dominance in their industry. And let’s calculate a five-year target price, which is currently $1,419. the stock is currently trading at 671 that gives it 112 upside potential over the next five years that’s why anytime the stock pulls back a little i’m a buyer in meta and you know the beauty of meta is not only is it in our premier growth portfolio as a pure growth large cap stock It’s also in our dividend and growth portfolio because it does pay a dividend. They initiated a dividend maybe a year ago. It’s not a lot, but give me a small dividend and good growth as opposed to a large dividend like AT&T and no growth. That’s no decision for me. That’s the easiest decision there is to make.
SPEAKER 04 :
I think the last time you wrote that one up was on February 5th of last year.
SPEAKER 03 :
Meta?
SPEAKER 04 :
Yeah. We wrote an article on February 5th, 2024. How much is it up since then? Up 46, over 46%. S&P is up 22% over that time.
SPEAKER 03 :
Okay, more than double the return. So, you know, that’s why they call it Seeking Alpha. And that’s why we attempt to do everything we can do to deliver Alpha. So, you know, it’s still, okay, Meta is still.
SPEAKER 04 :
And you still get cringes, right? I mean, like you said, one of the reasons we’ve written it up a few times. But the thing is, it’s always seemed over the years to be a bit undervalued because, you know, frankly, people don’t like Zuckerberg.
SPEAKER 03 :
Well, I cringe every time I see his hairdo, frankly, but he looks like a Roman, I don’t know. Meta has grown to be an 8.4% position in our premier growth portfolio. We started with a 5% position. And, you know, it’s one of, in that premier growth, we currently own 17 stocks in there. And in the dividend and growth portfolio, it’s grown to be a 6.6% position. And we’ve held it for a while. We’ve held it for a while. Yeah, you just don’t want to go overboard on any one stock. Still, we believe in diversification, but not diversification by owning 127 stocks, something along those lines, which I get accounts transferred to me. I give those to Barry. I say, here, Barry. Sell 107 of them. Tomorrow. Tomorrow.
SPEAKER 04 :
That’s when you get that weed whacker out. Oh, my gosh.
SPEAKER 03 :
Okay, G.E. Vernova draws bolus recommendation after worst ever daily loss. Yes, it was down on Monday 22%. And that’s the only one I stepped up to the plate on Monday. It’s the only buy I made. I might have added to a few stocks, but that was a brand-new buy. I stepped it, and it was up sharply yesterday. I mean, so far, so good. I mean, I look like a genius so far. That will happen every once in a while. Even the broken clock is right twice a day. But GE pays a little dividend, so I bought it in the dividend portfolio because I think not only are you going to get growth out of GE, Renova, they’re a global company. I mean, we’re not the only country that needs power. Europe badly needs power to power all of these. Well, they’re EV. Norway is 100% EV now. It’s going to power all of that. And I think this move towards nuclear is right in their wheelhouse at GEV.
SPEAKER 04 :
And the power names are bouncing. I mean, NVIDIA is actually down about 4.5% today, but the energy names are continuing. They’re a bit of a bounce back yesterday. I mean, you’ve got Constellation up 3%. You’ve got Vistra up roughly about 4% or 5% and Talon up almost 5%.
SPEAKER 03 :
Yeah, okay, and that’s my next story. Talon made a deal with Amazon during the Biden administration, the latter days of the Biden administration, and made a big deal with Amazon to directly supply their data center campus at the Susquehanna nuclear generating facility early last year. which would eventually allow the data center to receive nearly one gigawatt, or is it gigawatt, of electricity. But last month, FERC, which is the federal energy, one of those federal commissions, one of those federal government program regulatory, one of the regulators denied the request. And they are now, obviously, I think they’re pretty smart in appealing that. And Talon is appealing that, and they’re going to appeal to the Trump administration to see if they’ll allow it. So I do like Talon Energy. That’s another one we own in the dividend portfolio. And then let’s see, a few other stocks here before we’ve got to go to the break. Planet Labs, a couple small ones. Planet Labs in Germany. signs a deal with the European Space Agency, I do think there’s a big future. You know, I read yesterday that T-Mobile is going to put Elon Musk, what’s his star link, into their phones. So think of that. You could be 1,000 miles in the ocean. where the only kind of, you know, they sell those sat phones.
SPEAKER 04 :
Well, essentially it would turn your, yeah, it sounds like it would turn your cell phone into a satellite phone.
SPEAKER 03 :
I mean, I was in the Bahamas two weeks ago. I don’t know what I was paying for roaming. I’ll find out in a couple of weeks here. But imagine if I would have had a satellite phone in my iPhone. So I think there’s a big future in space also. We’ll be right back. And welcome back here to the final segment of today’s Best Stocks Now show. There’s a couple of stocks here that I have to talk about here in the final segment here. The first one, well, let’s talk about ASML, which is out of the Netherlands, and they make the equipment that NVIDIA needs for making the chips. At Taiwan Semiconductor. So you’ll find all of those fancy machines that are making these chips, NVIDIA chips, ASM lithography, okay? Holding, ASML holding. We don’t currently own it, but we have done very well with it in the past. It does trade. As NVIDIA goes, so goes ASML, I would say.
SPEAKER 04 :
The interesting thing is it got up to, I mean, they actually were the ones that got hit worse, I think, by some of this chip restriction stuff. Yes. And when you look at them, they’re high, right? They had 52-week highs at $1,110. Yep. And it’s trading at $713 at the moment.
SPEAKER 03 :
Yep.
SPEAKER 04 :
But they came in with a great report, up over 4.5% at the moment.
SPEAKER 03 :
Well, their sales were up 20%, and their earnings were up 23%. And I think also it is a precursor to if people are buying equipment, if they’re selling equipment, that means NVIDIA. It’s going to be making a heck of a lot more chips. The demand for those NVIDIA chips is still there.
SPEAKER 04 :
And Taiwan Semi is going to be also benefiting. They’re the ones that are going to, from a capacity standpoint, are the ones who actually build the chips.
SPEAKER 03 :
ASML is up $31 a share today, or 4.5%, okay? And we have owned it. We don’t currently have any position in it. It also pays a little bit of a dividend. And the other stock that just totally blows me away. Okay, let’s go to the opposite end. of high-tech and ASM lithography, and let’s go out to dinner and we’ll go to Chili’s, okay? What is up with Chili’s? That stock is up $24 a share, up 15.6%. This stock got down to $7 during COVID. What’s the symbol on that one?
SPEAKER 04 :
Eat. Eat. Okay, easy enough. Eat.
SPEAKER 03 :
Eat. I’m going to give you the company credit card. You can take your boys. How many boys do you have?
SPEAKER 04 :
Three. In what age range? 18 to 10.
SPEAKER 03 :
I mean, I want their opinion. Take them to Chili’s. There’s one right there by the airport, not too far from the Charleston airport. And report back to me, you know, and send me some pictures, some pictures of what is going on there. Is there a line? Have they got the best cheeseburgers in town? I mean, Chili’s is kind of a really old concept. They beat by 94 cents.
SPEAKER 04 :
I know. I mean, that’s like a… I mean, they came in at $2.80 and beat by $0.94.
SPEAKER 03 :
Well, it’s Brinker International, founded by Norman Brinker in Dallas, Texas. They own 1,600 restaurants in 29 countries.
SPEAKER 04 :
They still have those fajitas? That’s pretty much the only thing I ever remember ordering there.
SPEAKER 03 :
And then, of course, Maggiano’s. Now, I ate at the original Maggiano’s in Chicago. which was underground as in it was under a little sub sub level was fantastic and they own magianos and they own it’s just wings that’s the only brands they have is those three brands but man alive that is and it’s been showing up time after time i just can’t bring myself restaurant stocks you know with in what’s the price of eggs right now it is trump’s fault he’s been in He’s been in for seven days and has done nothing about egg prices. Can you imagine that? I can’t believe that the reporters… Donald Trump has been in for six days now or whatever, nine days, and he has done nothing about the price of eggs. Let’s see. Eat. Brinker’s International has got to be ranked way up there in the app.
SPEAKER 04 :
And eggs here are so expensive right now regionally because you’ve got Georgia, which I think is, if I’m not mistaken, the biggest egg producer in the country or has been over the years, and they’ve had huge bouts of bird flu.
SPEAKER 03 :
They had to kill a million chickens. Eat is ranked number 264 out of 5,002. The growth, I don’t know what the growth is. That’s been my issue with it, but you can’t argue with the stock price.
SPEAKER 04 :
I had a colleague years ago who said he never would invest in something that you could eat or that would go to the bathroom. So meaning he wouldn’t invest in a horse and also didn’t buy any restaurant stuff.
SPEAKER 03 :
And then another good one here, which is showing the strength of the consumer. Okay, it’s not… I had a bill for you with three kids and going over there to Chili’s. You’re talking $100, I’m thinking.
SPEAKER 04 :
Oh, I bet.
SPEAKER 03 :
Starbucks is also breaking out.
SPEAKER 04 :
I can’t get them out of the local Mexican restaurant for less than $100.
SPEAKER 03 :
No, I mean just chips and salsa. But anyway, Starbucks is also breaking out today, and they’re saying that the new CEO there is trying to get the old coffeehouse vibe back. and apparently it’s working, but I don’t know. I mean, their sales were flat, no growth, none, and their earnings were down 23% year over year.
SPEAKER 04 :
And coffee prices are at all-time highs right now.
SPEAKER 03 :
Columbia is going to be hit with tariffs if they’re not careful, and coffee prices go up. But Starbucks is up 5.5%, so the consumer… Must be fairly healthy, at least by today’s reports. Well, we’re going to know a lot more at 2.30 p.m. when we listen to his comments on where he sees inflation and interest rates. And then a little after 4 p.m., we’re going to get Meta, Tesla, and Microsoft, three of the biggest reports. This is the biggest day, really, for the report.
SPEAKER 04 :
My wife texted me during the show, and apparently the fireworks are already flying at the RFK Junior.
SPEAKER 03 :
I’m going to turn that on.
SPEAKER 04 :
She said it’s good theater. Yeah, good TV.
SPEAKER 03 :
Well, okay. The four-week trial, come join us. I’ve already sent out several messages to my subscribers and, of course, the clients that want to keep posted on what we’re doing over here. I did not buy anything new yesterday. I saw a lot of really good ones that I came close to, but the market was just a little overheated yesterday for me. I did add to a few positions, Meta being one, Amazon being one. They look really good. So anyways, you can follow us. You get four free weeks of that. That’s worth $90. Go to GundersenCapital.com. And if you don’t have the time to manage your own money, you’ve got other things to do. You can give us a call. We’ll have an appointment with you. 855-611-BEST. 855-611-BEST. Have a great day, everybody.
SPEAKER 01 :
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.
