Join professional money manager Bill Gundersen, President of Gundersen Capital Management, as he delves into the latest financial and market trends in this week’s episode. With Barry Kite, a chartered financial analyst, they discuss the significant shifts in the NASDAQ and Dow due to the recent job report, the market’s reactions, and the potential for inflation driven by wage increases. They provide insights on the performance of major players like Amazon, Tesla, and Apple, highlighting the challenges and opportunities faced by these market giants.
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 07 :
And welcome to the Friday. What a week it’s been. The Friday edition of the Best Stocks Now show with professional money manager Bill Gunderson. President of Gunderson Capital Management. I’m here with Barry Kite, our chartered financial analyst. And we were in the green a little bit on the NASDAQ. We were flat on the Dow. And now we’ve kind of moved to the downside a little bit. after today’s jobs report, the monthly job report. The Dow is now down 68 points. It’s at 44,679. The NASDAQ is down 92 points. Now, it was up a little bit, and now it’s down 87, 19,704. Amazon a little bit of a drag on the Dow and the NASDAQ today. We have the S&P down 10 points, 6,073. Small caps are up four points. That’s the Russell 2000. And we’ve got over at the bond market, last time I looked, we were up seven basis points there. Yes, up seven basis points right now to 4.49%. So I guess the jobs report was not weak enough to warrant a looming rate cut in crude oil. is at $71.20. Here’s one worthy of mention here. Gold is hitting a new all-time high at $28.98 in its quest for $3,000. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson. President of Gundersen Capital Management, a nationwide fee-based only firm. And I’m here with Barry Kite, our chartered financial analyst, as we take a look at the action in the market today. The action in the market this week, it’s been a while.
SPEAKER 04 :
A bit of a loophole. A bit of a long week, it seems. It’s like finally it’s, you know, we’re at the end. The payrolls number was, you know, you could look at it, you know, hot in one direction. You can look at it also as, you know, a little cool in the other. So it really kind of ended up being, you know, a middle of the road. I think there was a big revision. to last month’s numbers, upward revision.
SPEAKER 07 :
That’s probably what’s affecting the rates today, which are up six basis points right now. We had a decent day yesterday, kind of quiet, but the stocks that really looked good yesterday to me, Palantir hit another new high yesterday. It’s become a monster.
SPEAKER 04 :
What an amazing story, right?
SPEAKER 07 :
Monster. NVIDIA has really perked up. It was hitting 128 yesterday, and Lilly had a very good report yesterday, a doubling of their Sales on ZepBound and not Ozempic, but whatever their diabetes version of.
SPEAKER 04 :
It’s Ozempic, ZepBound.
SPEAKER 07 :
Yeah, you’re right, Ozempic. That’s it. Okay, now, non-farm payroll growth cools in January. Unemployment unexpectedly dips to 4%. Well, we created 143,000 jobs, less than the consensus estimate of 168,000 jobs and a significant drop from the 307,000 jobs added in December. So anyways, that report is weaker than expected. Wages showed surprising strength in January. So that’s inflationary. and that could be another reason why we’re seeing a rise in the bond rates today.
SPEAKER 04 :
And it’s kind of two sides of the coin. So it’s, you know, in other words, unemployment came in lower than expected at 4%, which you would, you know, that’s part of the Fed would be, you know, if unemployment’s really at their target, so there’s no reason for them to cut rates in that sense whatsoever. and came in lower than expected. It was supposed to be 4.2%, I think, came in at 4%. But then on the other side of the coin, in terms of job creation, right you know that came in uh… lower than expected having a hundred and forty three thousand i guess first uh… the estimate of one sixty eight so yes and the jump in pay obviously worries uh… raising inflation right it could be good for you know it is good for real wages for a period of time right because that means you know it essentially the uh… you know the the the consumer has a little more dollars in their pocket right so you get a little more retail sales push further out but Yeah, at some point, you get more money chasing the same amount of goods, right? Well, then that is inflationary.
SPEAKER 07 :
Absolutely. Okay, we’re going to have the biggest, highest wagering on any single event in the history of the U.S. sports betting. When the Kansas City Chiefs line up against the Philadelphia Eagles in New Orleans on Sunday, there’s expected to be $1.6 billion bet on the game, up 17% from a year ago. Notably, most of the growth is coming from states where sports betting has now been made legal and not really new states that have been added to the mix. Last year, sports betting customers made out very well. And publicly traded companies like DraftKings, Flutter, MGM saw lower than anticipated hold rates impact their earnings results.
SPEAKER 04 :
So anyways… Yeah, the Chiefs have, at least historically, have killed Vegas a bit. Yeah, exactly. It’s even made it in earnings calls for those companies before. So it’s interesting. You’ve got the Chiefs, I think, who are a slight favorite here. And so it’s supposed to be looking forward to hopefully a close game.
SPEAKER 07 :
Well, we own Flutter, F-L-U-T. Flutter is flat today. And DraftKings, D-K-N-G, D-K-N-G. Bill, there you go. Okay, DraftKings is also flat today. But a lot of money. Going to be a bet and a lot of guacamole. The guacamole is flowing freely. Okay, Chinese tech stocks, and I’m watching them. I’ve put on a couple of trades that I sent out last week on a couple of Chinese stocks with new life that they’re getting from DeepSeek. Okay, that’s an AI opportunity. Companies such as Lenovo, Shomai, Tencent Holding, Alibaba, NetEase, etc. are starting to perk up quite a bit. You know, the Chinese stocks have not done well. But this has given them new life, and it’s also given us some opportunities here and there, some trading opportunities, which I’ve been looking at. I don’t think I would invest in these stocks at this point, but there are some trading opportunities, and I’ve seen some of the smaller. They have some data center stocks over there in China that have been very lively recently. I was watching the couple, and then all of a sudden they exploded to the upside. and kind of got away from me, but they made for some good short-term trading opportunities. Tesla’s China-made EV sales fall for the fourth month in a row. And, you know, look, Tesla’s got a problem. They’ve got a big China problem. Apple has a big China problem because of Huawei and because of BYD.
SPEAKER 04 :
BYD. And BYD, if you look at their sales, they, you know, I think they saw their sales were up, you know, I don’t know, 24%. The trick is, or anybody, is anybody really buying those? Or is there a ghost car lot somewhere? I don’t know. I remember the years of ghost cities, so… Can you believe the numbers? And if you do believe the numbers, more importantly, you need those power. You need power. You just mentioned you need data centers, right? So all these electric cars are smart in some form or fashion. And so if they are being purchased that way, but they’re certainly beating the doors off of Tesla there.
SPEAKER 07 :
Yes, and Boyd is really ramping up, or BYD, is really ramping up production there in China. And they’re producing now about four times as many cars as Tesla. But, of course, you know, those Chinese cars are not coming into the U.S. And in the meantime, Tesla is increasing their Model X price by $5,000. So you could have got one for $79,990. But as of yesterday, they’re now $84,990 will buy you a Tesla X. And I would note that Tesla stock has not done well so far this year. It’s down about 7.5% year to date. amid signs that demand in Europe may be faltering. Sales in Germany plunged 59% year over year, while Sweden, Norway, Denmark, and the Netherlands all saw drops of 40%. It may be fallout also. Europe not happy with Elon Musk. The measures that they consider to be pro-Trump, pro-conservative, which they are, that he is behind, is not going over well in Europe. Okay, when we come back, the biggest earnings report of the week probably came in last night, or one of the biggest ones, and we’ll take a little look at that. And by the way, this company now passes Walmart in sales for the first time ever. We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show with professional money manager Bill Gunderson. And the stock I want to talk about first here, well, first, before we do that, you know, we have had so much demand for the four-week trial to the live trading, the daily updates throughout the day, the full newsletter on Saturdays. uh the uh the access to the the potent best stocks now app that i’m going to extend the four-week offer till the end of the month okay and then we’ll go from there i like helping people i like teaching people i like seeing people empowered and not you know blinded by the mediocrity that we seem to celebrate there on Wall Street. I just know that so many people really make the market too difficult. There’s a lot of logic to it, really. Growth equals stock price appreciation. Valuations do matter. The best stocks now are not the best stocks from yesteryear. You know, time passes. The old stodgy old stocks buy, and new companies emerge as growth engines, and they’re in the prime of their lives, while other stocks, time has passed them by. And so, anyways, GundersenCapital.com, GundersenCapital.com. We’re having a lot of fun every single day. I love sending out those alerts. I look very hard. Yesterday, I found nothing.
SPEAKER 04 :
It’s been an exciting time.
SPEAKER 07 :
It’s an exciting time with everything that’s happening.
SPEAKER 04 :
And we expected a lot of volatility in the first quarter. I mean, as you’ve got a new administration coming on board, first 100 days are so important. And, you know, the market’s been reacting along the way. Thankfully, in terms of all that volatility, it’s edged up, right? But it’s been a wild month in the first five weeks.
SPEAKER 07 :
You know, anybody who has taken this trial, Certainly, Oklo has come up several times. That’s one that the app found very early on. First, I have to find it and put it in the database. That’s the process. I get up well before the market opens, and I go through all the bits of news that have happened. since yesterday’s radio show, which is a 24-hour cycle. And that’s where I discover these stocks underneath the radar and what they’re doing and what they’re into and the news and everything.
SPEAKER 04 :
Some of this stuff happens while we’re on the air.
SPEAKER 07 :
Yes, I discovered Oklo quite some time ago in that nuclear sector. And I started out in the incubator portfolio. I made a lot of money in Oklo, in the incubator portfolio. And then I put it in the emerging growth portfolio because it seems to have the right stuff. There seems to be the connections, the backing, the institutional support. They seem to have something that could make a big splash someday. It hasn’t happened yet, but the way the stock is behaving, it’s probably one of the strongest stocks in the entire market.
SPEAKER 04 :
And the sector also helped. It’s got a couple of different tailwinds behind it, right? Sector-wise, it’s also been in the right area in terms of AI and everything else.
SPEAKER 07 :
Okay. Now, four days ago, all right, I sent out the alert at 1.16 p.m. Eastern Standard Time. I said, I did well with Oklo. It was 44 at that point in time in my incubator portfolio. Okay. I am buying a new 5% overall position in my ultra-growth portfolio. Now, that’s stepping up to AAA right there. You know, that’s above the emerging growth portfolio. And I said, our grid in America needs some serious new voltage. I believe that Okla will be a player. That was on February 3rd, 2025. And right after that, 13 minutes later, I sent out Dutch Brothers, which has also done pretty well. I mean, it’s not high-tech like Oklo. Dutch Brothers is a coffee chain. And anyways, Oklo, so it was 44, four days ago.
SPEAKER 04 :
Which is good. They fit well together.
SPEAKER 07 :
Oklo’s hitting 58 today. $14 on 44. What is that? That’s about 30% gain or so. It’s up 21% today. Now, I’m not seeing any news on Oklo, but they design and deploy advanced fission power plants to provide clean, reliable, and affordable energy. And I think that’s the twist. You know, if we can break that fission, you know, hurdle, obstacle, it would be a lot more, you know, for smaller reactors, et cetera. That’s really what we’re talking about here. So, you know, look, I mean, you got a free four-week trial from me. You’ve gotten some big winners. uh there’s been a few uh plenty of info but they’ll work out i think to think about yeah and you’ve learned a lot i would hope and getting the full newsletter and the other thing i designed right from the start look this is this is out there that’s the most aggressive one there is but If I buy something in the dividend and growth portfolio, which is our most conservative portfolio, I send those alerts out. If I buy something in the premier growth portfolio or the ultra growth or the trading incubator portfolio, there’s something there for everybody. And, you know, people have different risk tolerances. Some people very aggressive. Some people very conservative, you know, close to the vest type investors. There’s nothing wrong with any of that. But I’m trying to find the very best in each one of those different disciplines of investing and risk tolerance.
SPEAKER 04 :
And size of company and company size.
SPEAKER 07 :
Company size. Oklo is a $7 billion company all of a sudden, but… Now, obviously, I mean, there’s no sales yet at Oklo. So it is as aggressive as it gets. But I found it, you know, just the action alone in the stock tells me something. And we’re basically holding it because of its future potential. So anyways, it’s having a huge day. I have not found any news, but there’s obviously something out there because the stock’s up 21% today. Okay, Amazon. Amazon came in with their earnings last night. And Amazon is actually a little bit of a drag today on us. Not much. It’s down 3.5%. But Amazon’s a member of the Dow. Amazon’s a member of the NASDAQ. Amazon’s a member of the S&P 500. And arguably one of the biggest, if not the biggest disruptors of all time. Certainly by size. I mean, the disruption right in your neighborhood at the local shopping center is brought to you courtesy of Amazon, which has changed the world. We’re going to take a look at their numbers. Is it still a best stock now when we come back? 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 GundersenCapital.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 03 :
And welcome back here to the second half of today’s Best Docs Now show. Well, it’s pretty hard to argue that Amazon is not one of the biggest disruptors of all time.
SPEAKER 07 :
I mean, just ask Bed Bath & Beyond and other retailers, Sears, that have gone by the wayside because of the power of Amazon. And, you know, when I was at the NASDAQ several weeks ago in that hallowed ground, I was in one of the hallways there where pictures of historic pictures from the days of the NASDAQ. such as the day Amazon went public with Jeff Bezos ringing the opening bell, which is pretty incredible to watch, to see. And now you know that Amazon is a $2.4 trillion company, trillion-dollar company, Amazon Trucks. running all over the place, showing up in my driveway quite often.
SPEAKER 04 :
They made it through the dot-com bubble, I mean, essentially.
SPEAKER 07 :
They made it through while the other dot-coms didn’t make it. And, you know, when you establish a lead, it’s hard to compete with that. The only one that’s come close, really, and done well is Shopify. And then, of course, some of the foreign ones, like down in South America, you’ve got… What’s the one? M starts with an M. Mercado Libre. Oh, yeah. Right. In Korea, you have SECC Entertainment. In China, of course, you have… Alibaba, Tencent Holdings, PDD, etc. But Amazon is the king of the world at $2.4 trillion. Now, their sales came in at 10% growth. So I’m going to say their sales are low teens, very low teens right now. That’s the sales growth. but the earnings growth was a powerful i mean they had eighty six percent growth in their earnings they did a dollar eighty six in earnings versus a dollar last year so obviously that’s an eighty six percent uh… number and other last four quarters have been two hundred and sixteen percent ninety four percent fifty two percent eighty six percent and that just three days ago four days ago the stock hit a new all-time high So yeah, you could say that it’s still doing okay. Now let’s take a look at it from the Best Stocks Now app perspective. This is in beststocknowapp.com. the app that I invented for me to analyze stocks like this. It begins with performance for me. Over the last 10 years, Amazon has delivered a lot of alpha, 29% per year over the last 10 years. That doesn’t pay a dividend. That’s pure growth performance. So that’s right up there with the Lilly numbers that we looked at yesterday. Now you compare that to the S&P 500, which is 19.5. So 10% of alpha compounded over 10 years adds up to a lot. Now, over the last five years, you know, Amazon is slowing down a bit. There’s math in here, involved in here. There’s gravity involved in here. They have barely beat the S&P, actually, over the last five years, 18.5 versus 16.5. But enter stage left AI and their cloud business. And that has really given them a second life, right? So over the last 12 months, Amazon’s up 40%.
SPEAKER 04 :
It takes so much of the business risk out of the business. In other words, in terms of people spending, right, say potentially, I don’t know if we’ll ever buy less packages, but maybe we don’t buy them as quickly as we used to. But they have, obviously, web services now is a huge portion of Amazon. of the business as well so you know overall right it’s helps uh you know it helps take a you know a business that could be more like look like more ups or could look more like walmart right but instead you know also looks like you know google or you know a lot of these up they have a big ad business too which is you know unbelievable yes and they do they did surpass uh amazon surpassed walmart now
SPEAKER 07 :
as the largest retailer by way of sales.
SPEAKER 04 :
Well, I saw something where you had UPS. I think it was early this week. Maybe it was early this week. Maybe it was late last week. But when UPS reported, they got hit pretty heavily because they indicated that, I guess, their Amazon package is their business. is going to go away, like 20% or whatever the number is, is going away in the next two years, which means Amazon is just going to be delivering those themselves. They’re already the leading package deliverer already.
SPEAKER 07 :
Actually, when we looked at Lilly yesterday, Lilly is an A-plus performer over the last 10, 5, 3, 1 years. Amazon gets a performance grade of B. But things have really picked up recently with the cloud and AWS and AI. Their momentum grade right now is A-. So, you know, it meets my performance criteria, obviously. It has delivered some pretty good alpha. Now, that’s looking backwards. Looking forward is the valuation of the stock. where we take a look at earnings where they’re at currently and extrapolate them out over the next five years, I’m using an earnings growth rate of 15% per year. That may be a little bit too aggressive, actually. You know, you look at this quarter. Now, that’s earnings growth. No, I think 15 is okay. I wouldn’t say sales growth is going to be 15, but their margins continue to improve as their volume increases, right?
SPEAKER 04 :
And some analysts were at, you know, 8%. I mean, you know, we talked about, you know, the average analyst I think was maybe close to 10, maybe 11 at least at one point. But, I mean, you had some that were, you know, earnings growth at 8%. And, you know, it’s coming. I mean, you’ve given it a B-plus at least up until you got to crunch the numbers this weekend. But it was a, you know, a B-plus. Of course, the banks came out of the gates pretty hot. Yeah. Some of the tech stuff has been a little bit bumpy, but in terms of a lot of the reports have been good, just quote-unquote not good enough.
SPEAKER 07 :
Well, I would just say that the next five years, Amazon, current quarter next year, I don’t see the five-year here. uh… anymore but uh… i think i’m a little bit on the low side at fifteen percent that that that’s uh… that’s revenue i mean that’s earnings growth okay now when i apply a multiple to amazon i get a stock that still has eighty four percent upside potential now lily had a hundred and seven yesterday lily actually has been a better performer and has more upside potential than amazon right now but You know, Amazon has plenty of juice still left in it, I think.
SPEAKER 04 :
And to me, Amazon’s got a lot of irons in the fire in terms of improving profitability over time. And I’m looking at their year-over-year earnings estimates, 13.5% this year, 21% in 2026, 23% in 2027. They are a company that’s kind of – they’re almost poised to benefit from a lot of different technology going forward, whether certainly they already use AI, but they may have invented some AI. But AI can help cost in their business, can also – Make them more profitable. Well, yeah, and they’re going to use more web services right on the AWS side. Yeah. Also, I mean, everything from drones delivering packages to your door, right? I mean, there’s a lot of different irons that they have in the fire. Rivian, I mean, I think they have an ownership of a piece of Rivian.
SPEAKER 07 :
And Amazon. So it currently comes in at number 162 out of 5,019. We have it rated as a buy. And we do own it. It’s one of the 18. Many are called, but few are chosen. And Amazon is one of the ones that we have chose to be in the premier growth portfolio where we try to own the very, very best. Now, you can put Amazon’s numbers up against Johnson & Johnson or AT&T or pick your soggy stock of yesteryear, and it will blow you away. And I just think going forward, Amazon’s got a lot more going for it right now. than your average stock. Okay, so that’s my take on that.
SPEAKER 04 :
Amazon will sell you a Johnson & Johnson product.
SPEAKER 07 :
They’ll deliver Johnson & Johnson Q-tips right to your door when you need to clean your ears out. Okay, now, their guidance, however… Well, they sandbag. Okay, we know that. Bezos is not at the helm anymore. He’s handed that off to Andrew Jassy. And their guidance, either they’re sandbagging or they’re just being cautious a little bit. The stock is down 3.5% today. but it hit a new all-time high just four days ago, and we’ve got it with over 80% upside potential. So it still does meet all of my criteria, which are very strict. Okay, when we come back, I want to go over the biggest winner of the day, the biggest loser of the day, and a smaller one that we own that flies under the radar that’s having a good day today. We’ll be right back.
SPEAKER 02 :
And welcome back here to the final segment of today’s Best Stocks Now show. Well, I’ve got co-stocks of the day.
SPEAKER 07 :
Well, I’m going to call Oklo the stock of the day, but it’s a bit smaller, under the radar, not as well-known. And by the way, the app ranks sectors every day and every Saturday in the newsletter. I show you the top 10 ranked sectors out of almost 70 sectors in the market. Guess what the number one ranked sector is right now, Barry?
SPEAKER 04 :
It’s got to be power, right? Nuclear.
SPEAKER 07 :
Yeah, even more specific. Yeah, I broke off. There’s a nuclear ETF that I use as the proxy for that sector. Vistra is the number two ranked stock in the entire market. Constellation Energy has been a powerhouse, and then you’ve got the littler ones like Oklo, etc., that are also full of momentum right now. Okay, from a big standpoint, we don’t own it. I’ve owned this stock in the past, and I think it’s right up there with Palantir. I really do. Maybe not as potent as Palantir, maybe not as diversified as Palantir is, but Cloudflare… is a powerhouse when it comes to firewall, routing, traffic optimization, load balancing, and other network services, a big security stock, enterprise software, just a powerhouse. It’s now a $56 billion company. This is not a dividend payer. It’s headquartered in San Francisco where we’re heard every day on KDAO, one of my favorite stations in California. And Cloudflare is up 15.8%.
SPEAKER 04 :
I talked to a client there a couple of days ago.
SPEAKER 07 :
Yes, we have a big clientele in California, especially in that Silicon Valley area and a lot from the San Diego area where I lived for years. 60 years of my life. Cloudflare on six times normal volume. Huge breakout today. The symbol is net. N-E-T. Let’s just take a look and see where Cloudflare was ranked as of yesterday. You can’t own them all. But this is one I really should have been owning in the ultra-growth portfolio, I would say, is where Cloudflare belongs. You know, it’s not a large-cap stock. We own CrowdStrike, which is probably the closest comparable to Cloudflare. Well, Cloudflare was ranked number 22 yesterday with 177% upside. It’s consistently been ranked in, like, the top 25. I just didn’t have room for it in any of my… I should have made room, huh?
SPEAKER 04 :
But Cloudflare… Sometimes, I mean, sometimes you get… That’s the thing. You’re getting exposure elsewhere, and it’s right on the cusp. It’s on the radar, but something never gets pulled.
SPEAKER 07 :
The other one I’m going to give kudos here today, although it’s been dicey, Pinterest. I’ve never been able to really figure out Pinterest myself.
SPEAKER 04 :
You never figure out how they make money, honestly.
SPEAKER 07 :
But they must make money.
SPEAKER 04 :
I haven’t spent a lot of time on Pinterest.
SPEAKER 07 :
It was ranked number 741 out of 55,000 yesterday, 77% upside potential. Pinterest is pretty good growth. I mean, their sales were up 18%. They do have $4 billion a year in sales. Pinterest is up 17.5% today.
SPEAKER 04 :
I had one story my wife wanted to make sure I passed along to you because I know when we were out to dinner earlier this week, we were talking about eggs prices here in South Carolina. Are they dropping yet? No. So Waffle House, actually, I saw in a story midweek this week, they’re going to charge a 50-cent surcharge per egg. So I guess if you get a three-egg omelet, right, it’s like $1.50. I don’t know how long that’s going to be enacted for, but apparently that’s – so there’s your egg story. And then I saw another one where – Somebody stole like $100,000 worth of eggs. Hijack it.
SPEAKER 07 :
That’s gold. Why does Jesse James rock the banks? Because that’s where the money is. That’s why you hijack egg trucks.
SPEAKER 04 :
You’ve got to be real careful with that, right? Yes.
SPEAKER 07 :
Talk about a stock that has fallen from grace. We did pretty well. I sold it at $138 per share. And it had a pretty good run as one of the greatest growth stocks there for a while. Elf Beauty. We don’t own it anymore. We sold it at 138 midway last year, July of last year. Now it’s 72. It’s been cut in half since then. It’s down 17.8%. They had zero growth in earnings. They had 31% growth in sales. But obviously, Estee Lauder, Elf, that has become a very, very depressed competitive sector. I’ve got to believe that TikTok may be taking down TikTok. I don’t know, is TikTok back up? But anyways, they made their money with influencers on tiktok elf beauty and that’s the disaster of the day but even bigger disaster than that and i warned and warned and warned many years ago believe it or not canopy growth at one time was a six hundred dollar stock It’s a cannabis stock, and now it’s $2.
SPEAKER 04 :
Remember you said that’s all anybody ever wanted to talk to you about. Now it’s the AI, I guess, and quantum computing.
SPEAKER 07 :
Now it’s AI, quantum, nuclear. But I said the cannabis is not going to work out. I’m not a fan of cannabis to begin with. Not a fan at all. In fact, quite against it. But you do what you want to do. It’s your body. Canopy growth is down 23% today. and has gone from $600 per share down to $200. And it’s considered the blue chip of the cannabis sector. Ouch. All right, we’re out of time. What a week it’s been. It’s going to be pretty exciting next week. We’ve still got a long ways to go. Next week will be another full-packed week of news. of earnings reports. The four-week trial is still up and running. I mean, you’ve got Oklo, you’ve got Palantir, you’ve got Spotify, some of the biggest winners in the market. DEC is the one I would say that stands out. I mean, the day after we added to our DEC, it went down 23%. But, you know, DEC… I don’t worry too much about DEC. They’ve got the management. They’ve got the products. And that may show up in my value portfolio that I’m developing right now at some point. To get four-week trial to all of this, to join us, GundersenCapital.com, GundersenCapital.com. Do just say, you know what, I don’t have time for all of this. I want to talk to you about managing our portfolios. 855-611-BEST. 855-611-BEST. Have a great day. Have a great weekend, everybody.
SPEAKER 05 :
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.
