Join professional money manager Bill Gunderson as he dissects the current market climate, from Palantir’s volatile performance to the intriguing dynamics of Chinese stocks. In this episode, Gunderson shares his expertise on the big names in retail, Amazon and Walmart, comparing their growth potentials and valuation metrics. Don’t miss his deep dive into Texas Pacific Land, a lesser-known yet highly significant player in the market, offering historical context and investment insights for savvy listeners.
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 Gunderson Capital Management. Here is professional money manager Bill Gunderson.
SPEAKER 03 :
And welcome to the Thursday. It’s the Thursday, February 20th, ice-cold edition of the Best Stocks Now show. Probably pretty cold where you’re at. The market’s starting off in cold fashion here today with the Dow down 400 points. I’ll call it 399.95. That’s being led to the downside. The Dow is by Walmart for the most part. And all of a sudden, Palantir’s become a problem. It was down, I think, 12% yesterday, and it’s down another 7% today. The biggest winner of the year, biggest loser over the last couple days on Doge worries. Doge worries. The NASDAQ’s down 191 right now. It’s at 19,864. And we’ll take a look at Palantir here in a bit. The Russell 2000 is down 80 basis points, about the same as the other two indexes. You can’t blame interest rates today. They’re behaving just fine. Interest rates down three basis points right now. We’re down to 4.51%. 4.51%. Crude oil is up a half a percent. It’s at $72.60. Gold was hitting a new high. It’s pulled back a little. But gold is at $2,951 per ounce. It hit an all-time high yesterday. And Palantir right now down 3%. Wow, down 12, 13% right now and counting. Bitcoin’s up $13.50 to $97,216. 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. Our chartered financial analyst, and first let’s pick up where we left off yesterday. We had an all-time high on the S&P 500 yesterday, 6,144. Gold closes at an all-time high yesterday, 2,961. And late in the day, there was news that it was Pete Hegseth, okay? You can blame Pete Hegseth, of all people, for the drop in Palantir as he said, oh, we’re going to cut the defense budget by about 8%. To me, this is a massive overreaction, you know, Yes, the government is a big part of Palantir’s business. I mean, the Pentagon, they do a lot of stuff there. But it’s not the major part of their overall business. But when you’ve got a stock that’s gone up this fast so quickly, it’s going to be vulnerable at times like this. So if you want to play the game in a hot stock, a fast-growing stock like Palantir, the roller coaster rides kind of come with the territory. I’ll reevaluate things, but so far I don’t see anything that really worries me.
SPEAKER 04 :
Well, literally in less than two trading sessions, right? Yeah. Essentially a 20%. It’s a 20% pullback since they’re high is where we’re at right now. Since about, just call it $125 and some change. Yep. Now we’re just below 100. My point of view is, yeah, the defense budget probably could use a trimming, a lot of that being fat. My thought is it might even free up some cash and give some more investment to AI and technology.
SPEAKER 01 :
Absolutely.
SPEAKER 04 :
Where they are, where Palantir is in the defense budget, you know, my guess is it would likely increase as part of the budget over time than decrease.
SPEAKER 03 :
Yeah, you know, and the bottom line is there’s a lot of hot money in Palantir right now. Certainly. And leverage. And leverage, too. Yes, and leverage and all kinds of stuff. I think staying the course is the best method right now, best decision right now. We also had a big breakthrough. Microsoft had a big breakthrough in quantum computing yesterday. You can read about that. You can Google it and see what that is. It’s something about changing elements. I don’t know what that means, you know, going from tea restaurant to tea restaurant, whatever the case may be. It was some kind of thing that’s way over my head. You know, quantum physics were not my strong point. I’m a mathematical kind of guy, but… I never did go after the quantum physics end of that spectrum. But the quantum stocks are doing well today. And the day kind of got off to a bad start when Walmart guided. They had a good earnings report. We’ll go through that in a bit and how Walmart’s done over the years. But, you know, their guidance forward, which is more important than their earnings report, said guidance forward. which comes after the earnings report, generally speaking, was not up to Wall Street’s expectations. And Walmart, I think, is down about 7% right now. And, of course, it’s a member of the Dow, down 6.3%, member of the Dow and the S&P 500. Okay. Potential Department of Defense budget cuts give Palantir more opportunity, not less, says Wedbush. Now, you’ve got to take it with a grain of salt, Wedbush. But Wedbush has been right way more often than they’ve been wrong. on the big tech stocks, and that’s kind of their niche, Wedbush. In fact, I heard they’re going to come out with some ETFs, Wedbush. That’s probably a pretty good idea. Okay, so if the Department of Defense goes through with the type of budget cuts suggested by Defense Secretary Pete Hegseth’s leaked memo, uh-oh, who leaked it? I don’t think the Trump administration is going to put up with leakers, no. It would give Palantir Technologies more opportunity, not less, according to Wedbush Securities. Shares of Palantir were down 3.5% in the pre-market, but now obviously you’ve got a little bit of panic selling. You know, it happened about 2 o’clock yesterday, Eastern Time. Palantir was down maybe 2 or 3% on the day. Then all of a sudden it was down 10%. And then, again, it’s adding on to that here today.
SPEAKER 04 :
And you’ve got a lot of folks, I mean, you think about that, you know, the leveraged, you know, like a two-times Palantir, right? I mean, you know, if we’re looking at, you know, one time being down 20%, right, two times down 40%, which… And mathematically, you sell one of those shares, right? It really probably equals more like two shares, at least exposure-wise. And so that’s how some of this stuff can snowball. The market tends to overreact in both directions.
SPEAKER 03 :
Well, Wedbush says that the bears, which have hated Palantir all the way from 12 to 125, which is true, over the last 18 months now have found their latest silver bullet negative thesis around palantir being exposed to these budget cuts yeah i i’m kind of with wedbush here uh dan ives wrote in a note to clients uh and i look at as as you do i think there’s going to be the budget cuts are going to come in hardware and toilet seats and hammers and all the kind of different things and I can’t see them cutting too much in their IT. In fact, if anything, they need to spend more in IT.
SPEAKER 04 :
Well, if you can save $4,000 on a toilet seat and instead redirect half of that budget to Palantir and the other half back to the taxpayers.
SPEAKER 03 :
So anyways, excess memo attained by the Washington Post called for 8% annual spending cuts over the next five years. Okay, so it is definitely an overreaction. Wedbush says it remains one of our top names to own in 2025. We believe this sell-off represents another opportunity with Palantir generating traction. across both federal and commercial. Don’t forget, I mean, they have a huge commercial business. Maybe you can look up, ask OpenAI, you know, Chad GPT, what percent of business Palantir government represents to Palantir. But I just don’t see that as being a huge deal. Okay, speaking of Doge, how would you like a $5,000 check done? in the mail uh they’re talking about with the savings they find in doge uh giving the american people a dividend yeah you know i’d rather i don’t know you know i’d rather see them pay down i’d rather see them take down that debt rather than spreading it out but hey you know what Remember the stimulus check sent out during the pandemic. They might be making a comeback in a different form. The idea of a Doge dividend first surfaced on social media by Azoria CEO James Fishback and was later pitched to the White House by Elon Musk himself. President Trump likes the idea, referring to the recent numbers coming from Doge’s cost-cutting efforts as incredible. Now, I don’t know. I mean, they’re finding a lot of funny business. Well, when we come back, Fox Business doesn’t usually turn up any stories, but Elizabeth, I can’t think of her last name right now, who does about the 6 o’clock show, she had quite a big story. Vargas. No, no, no, no, no, no, no, no, no. McDonald, Elizabeth McDonald. When we come back, I want to talk about what she dug up yesterday. A lot to talk about today. We’ll be right back. And welcome back here to the second quarter of today’s Best Docs Now show. Elizabeth McDonald, the evening edit, which I believe comes on at 6 p.m. on the Fox Business Channel. Now, I’ve been on the Fox Business Channel several times. I debated Steve Forbes, believe it or not, on the gold standard, which isn’t exactly my thing. bailey wick but uh hey they wanted me on there i took i took the position of defending uh the gold standard or arguing against i had to take the position of arguing against the gold standard but elizabeth mcdonald at evening edit they’re finding based on government records that biden’s 27 billion dollar greenhouse gas fund did likely end up funding ads for Kamala Harris. Well, that’s not right. Climate Power Action got an undisclosed amount from this fund and then launched a $55 million ad campaign for camel harris is twenty twenty four rates on its board of directors is uh… randy weingarten who’s uh… what the uh… president of the teachers union stacy abrams was right in the middle of it uh… and several other uh… folks uh… from the clinton by them all obama dams and the labor union so twenty seven billion greenhouse gas fund ok which I’ve always felt like, you know, that’s just a hole that money goes into, and who knows where it goes after that. A big chunk of it went to fund Kamala Harris’ campaign. That comes from Elizabeth McDonald, okay?
SPEAKER 04 :
That’s a way to get around it, huh?
SPEAKER 03 :
Yeah, so now, okay, so Doge’s idea, if they are able to cut $2 trillion, he says he’s going to cut $2 trillion from the federal budget, This is an Elon Musk idea. The government could use 20% of those savings to send 79 million American households, these are all people that pay federal income tax, a check for $5,000. Well, okay. I said if he can find $1 trillion in savings, I’d buy a Tesla. I know that Sheryl Crow is giving hers away, so maybe I’ll get hers. Musk has already acknowledged, however, that $2 trillion will be hard to hit, and it appears that the value of some contracts, real estate entries posted to Doge’s Wall of Receipts are not necessarily savings. So anyways, maybe you’ll get a check. The check’s in the mail, Barry. What do you think the San Francisco 49ers are worth these days? I saw this, yeah. $9 billion. Now, I remember when the Chargers, the San Diego Chargers, became a team in the old AFL many years ago. And I’m thinking the value back then was maybe $25 million or something like that. And then, of course, the Chargers eventually left San Diego. They’re in L.A. now, but I’m sure they’re not quite a $9 billion team, but the 49ers… $9 billion, and I know, too, that the Philadelphia Eagles recently are doing something.
SPEAKER 04 :
Yeah, I saw that, some kind of listing. But, I mean, how much did that mean? Okay, if the 49ers are worth $9 billion, how much are the Cowboys worth?
SPEAKER 03 :
Not much on the field.
SPEAKER 04 :
Well, no, yeah, not much on the field, but in terms of dollars and cents.
SPEAKER 03 :
I’m sure they’re worth a lot, you know, in the skyboxes and all this and that. Jeffrey Lurie, Eagles, $8.3 billion. Okay. All right, Glaxo is going to sell 500,000 doses of bird flu vaccines to Canada. Imagine, you’ve got to get a chicken to hold still while you vaccinate them. That’s a lot of vaccinations. And that’s Glaxo, GSK. I’m just going to see if that’s a play on bird flu here. Let’s take a look at GSK. Yeah, you know what? That’s not a bad chart, okay? So if you want to play bird flu, that’s your hedge against high scrambled egg prices is by GSK. Look at that stock. That’s very perky right there. 500,000 doses to Canada. Tesla cited for workplace safety violations. This must be coming from the old administration. But nevertheless, you know, Musk said that he would recuse himself from any kind of discussions on, you know, the biggest thing would be the $7,500 tax credit, which went away. I believe that went away. And I haven’t heard of any talk of it coming back, but he claims he would recuse himself. Anyways, they investigated the death of Victor Gomez Sr., an electrician who was working as a contractor at the Tesla plant in Texas. He was killed while inspecting electrical panels at the site. A lawsuit filed against Tesla alleged negligence by the company because the panel was supposed to be inactive. Well, somebody screwed up there, and they are investigating there. Okay, we need to take a look. They’re the only competitor to Amazon, really, anymore. I mean, the only one. And then Shopify would be in probably third place and Target. Walmart has gotten a much bigger online presence, which has helped their P.E. ratio. I mean, Walmart is not, you know, let’s just take a look here at their growth. They reported sales up 4% year over year. So you’re a 4% to 5% grower in sales. So the only ways you’re going to increase your earnings by more than that is by increasing your margin, your profit margin. This is a tough environment to do that in. But their earnings were up 10%. And they’ve had double-digit earnings growth over the last four quarters. They’ve done pretty well. And I think the online sales are helping them somewhat. But, okay, Walmart gave forward guidance that the market did not like. Walmart operates 10,500 Walmart and Sam’s Club stores worldwide. Walmart is down 6.1%. And we’re just going to take a look here. You know, Walmart’s P.E. ratio is 41. It doesn’t deserve that. But because they have that online presence, they’re trading at the same P.E. ratio, believe it or not, as Amazon. which has no physical stores but amazon obviously has warehouses across the nation that are pretty sizable and amazon also has a fleet of delivery vehicles and believe it or not amazon’s trading at forty one times earnings and walmart’s trading at forty one times earnings but the big difference is to me amazon’s is a much better bet at this level because Amazon’s still growing their sales by double digits, and their earnings are still growing by 50% to 60% quarter over quarter, and they have all of that AWS exposure. So why would I want to own Walmart with a PE of 41 when I can own Amazon with a PE of 41? That’s just my own take. Now, when we come back, let’s just take a look and see how the performance changes An investment in Walmart 10 years ago, the pride of Bentonville, Arkansas. How has it done over the last 10 years? And we’ll put that up against Amazon. P.E.’ ‘s equal. What about the performance and the valuations? We’ll be right 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 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 07 :
And welcome back here to the second half of today’s Best Stocks Now show. With the Dow down 433, a lot of that is Walmart. The NASDAQ has improved a bit, but it’s down 145 right now. I think the market…
SPEAKER 03 :
Needs to settle down just a little bit. We’ve been talking about the valuation. We’ve been overvaluation. We’ve been talking about the ceilings, the technical ceilings that we’re running into right now. And, you know, from time to time you’re going to get corrective days, corrective weeks in the market. But since 2009, the market has always gone on to hit new all-time highs. And the beat goes on. So let’s take a look here at Walmart. Walmart has actually been quite a good performer. Let’s just say this, Barry. There’s a lot of stocks out there that outperform their growth because of their popularity. Walmart is big. very much owned by the institutions. I mean, 90% of the portfolios that transfer to me, they own Walmart because it’s such a big name. It’s such a dominant player. I mean, it has no business trading at 41 times earnings, and I can give you some other stocks like that. Costco, for sure. Because of its popularity, Costco trades at this big glamour multiple. The P.E. ratio on Costco is 65. So, I mean, in theory, Barry, if you were to buy the entire company, it would take you 65 years to get your investment back, right, in the way of earnings. Nobody would ever do that in private industry. But that’s the way it works when you’ve got a glamour stock with all this demand that everybody wants to own. You know, Chipotle has been that way. Tesla has been that way. Disney has been that way. Apple has been that way. But eventually they come back down to earth. I mean, we’ve seen Apple come back down to earth as growth has slowed down and the popularity has kind of come off. The shine has come off.
SPEAKER 04 :
And they’re a massive company. I mean, they’re a big employer for the U.S. I mean, like you said, they’re about the only one that’s on par in terms of the U.S., right? And their just overall reach in general, you know, comparable to Amazon, right? I mean, I remember these old stats where, you know, and I don’t know if it still holds true, but where Walmart was like the number one. you know, diamond seller in America, right? Which is, you know, kind of a big trivia question because who would have thought, you know, that Walmart was the largest diamond seller in America.
SPEAKER 03 :
I get all my diamonds at Walmart.
SPEAKER 04 :
I mean, they sell a lot of stuff, period.
SPEAKER 03 :
Chicken vaccines. You probably got to go to Tractor Supply for a vaccine. Anyways, you know, look, here’s another stat. One of the line items in my app is how did it do – The last bear market was from 2007 to 2009, which was about an 18-month bear market. Walmart was up 6.6 during that period of time, while the S&P was down 54.5. So it’s also a defensive stock, okay? So over the last 10 years, 16% per year. That’s pretty good. Now, the S&P is 19.3, but the S&P’s got all these high-flying tech stocks in it. Walmart has grinded out 16% per year. Over the last five years, 23% per year, Walmart. And over the last three years, 33%. It’s gotten way over its skis, in my opinion.
SPEAKER 04 :
I mean, that multiple is just hard for me to get past. I look at the forward multiple of 41.
SPEAKER 03 :
Take you 40 years. I mean, you’d have to sit on it for 40 years to just get even on the earnings coming back to you. It’s up 85% over the last 12 months. So, you know, I mean, if you were going to buy it, it was just because of its popularity. Certainly you can’t make a valuation case for it at all. But performer, it’s an A. It’s an A. When I look at the short-term, the mid-term, and the long-term performance of WMT, it’s an A. Now, however, we look at the valuation side, and that’s where the vaccinated chickens are coming home to roost here today. I hope they’re vaccinated. I don’t want to get any bird flu. It’s a 7% grower, according to the analyst, over the next five years. That’s probably generous. It’s got a peg ratio of almost five. I mean, that’s what some of those high-flying tech stocks were trading at back in 2000, five times peg ratio. I have a target price of 143, which gives it 41% upside potential over the next five years, which is an F valuation grade. But, you know, it could continue to outperform its actual growth because it’s such a popular stock. But, obviously, when they give soft guidance, you see the reaction that you’re seeing today in the stock, which kind of set the tone for the day. The futures were down just a little bit here this morning. Then Walmart reported, and the market started to go south at that point in time. Okay, now, on the other side of the street, Chinese stocks, I’d back in a few, all right? You know, I said I’d never own one again. Well, never say never. I have made a lot of money in the Chinese stocks over the years if you’re in them at the right time.
SPEAKER 04 :
It’s got to limit exposure, you know?
SPEAKER 03 :
Look at Alibaba today. Alibaba’s up 8.9%. And, I mean, the catalyst has been DeepSeek. That really has set the Chinese stocks on fire. And Alibaba is lifting other stocks. And as of last Friday, the Chinese market up 15.7% today. And they do have some formidable companies. BYD sells four times as many cars as Tesla. Alibaba is a $323 billion company, which is half the size of Walmart. And Alibaba came in with a very good report here. And the stock is breaking out, and that’s pretty good. Now, BABA has not been a very good performer. I mean, ever since Jack Ma disappeared many years ago, then he reappeared, BABA was one of the great stocks in its early days.
SPEAKER 04 :
Amazon of China at the time.
SPEAKER 03 :
Basically, and then PDD came along and I think kind of upended BABA as the biggest online stock in China. But, you know, BABA has struggled. I’m going to look up their results here. All right, BABA. I’m having a little issue with my internet here. There it is. Okay, valuation performance of BABA, all right, over the last 10 years, 4% a year. Okay, that’s terrible. Over the last five years, minus 10%. Over the last three years, 3%. But here’s the kicker. Over the last 12 months, 74% versus the S&P 22.8%. So, you know, this is an example of you’ve got to be in the right place at the right time and out of the wrong places at the right time also. Because, you know, these are stocks, China kind of comes in and out of favor. I think maybe they’ve learned their lesson about doing big, giant changes and really upsetting their market. And Deep Seek seems to have given them some credibility. So I have nibbled at a few of these Chinese stocks. But Baba’s had a terrible decade. China… The market itself has had a terrible decade, but there you’ve got BABA finally waking up and breaking out and hitting a new, not an all-time high, not even close. BABA was 320 at one time. It’s now 137. Okay, the next one I’m going to talk about has been one of the great stocks of the decade. And it has flown well under the radar. We own it in three out of four of our portfolios right now. And it’s having a very good day. It’s up $34 a share or 2.5% on a bad day in the market. But it’s Texas Pacific land. And you say, what is that? It’s headquartered in Dallas, Texas, which I just heard it’s about 18 degrees in Dallas right now. And the chicken’s not wanting to come out of their coop. I didn’t want to get out of my coop this morning, but I’m here. It’s 38 here. That’s not bad. Texas Pacific land. Check out these numbers, okay? This is the beauty of the Best Stocks Now app. I mean, does anything tell a story better than looking at TPL over the last 10 years and seeing 44% per year? And my reaction to so many things in the app are, I didn’t know that. That’s why I have a flat forehead. I hit my forehead and I go, I did 44% per year over the last 10 years for this sleepy little quiet barn burner of a stock, which we’ll talk a little bit more about when we come back. TPL, Texas Pacific Land. We are long, long, long in three of our portfolios. We’ll be right back. And welcome back here to the final segment of today’s Best Docs Now show. Here’s a fun fact for you, Barry. You can take Amtrak’s Texas Eagle train from Texas to California. The trip originates in Dallas, goes to Union Station there in Los Angeles. It takes 43 hours and 35 minutes, okay? Why do I bring that up? Because Texas Pacific Land, TPL, was actually created in 1871 through a federal charter providing a mandate to build a transcontinental railroad from Texas to California. California and present-day Arizona and New Mexico each agreed to grant sections of land for every mile of railroad that was built. Okay, not a bad deal. They did not complete the full line by 1881, some 10 years later, but they had completed 972 miles of track. entitling it to 3.5 million acres of land in Texas. And guess where a lot of this land was, Barry? Right over the Permian Basin.
SPEAKER 04 :
Happened to be, yeah. Beverly Hillbillies kind of situation it sounds like eventually, right?
SPEAKER 03 :
Yes. And then seven years later in 1888, remember it’s not a publicly traded stock yet, upon the bankruptcy of TNP, the 3.5 million acres of Texas land were put into a trust later known as the Texas Pacific Land Trust for the benefit of the bondholders who invested in the railroad so imagine you invested in the railroad through bonds by loaning them money they go bankrupt and what do you get? you get the land in 1920 Texas Pacific Abrams in Mitchell County became the first well to produce oil from the Permian Basin. And a few years later, the first oil pipeline was built in the basin. That was 1920. In 1927, the certificates of the Texas Pacific Land Trust were listed on the New York Stock Exchange. 1927. I wonder split adjusted, you know, what it was worth. Okay, then in 1954, the mineral estate under TPL’s land was spun off to its shareholders under a new company called TXL Oil. In 1962, Texaco purchased TXL Oil, which at that time held over 2 million undeveloped acres in West Texas. In the year 2000, Chevron acquired Texaco. I remember when that happened for $36 billion and now performs as an operator across a large portion of TPL’s Permian Basin position. In 2010, the Permian Basin, which had been in production, declined since the 70s. I remember that in fracking 2010. Yeah, brought it back. They began to grow production as unconventional development unlocks tremendous additional reserves. In 2015, rapid development in TPL’s acreage leads to increased royalty revenues for TPL. So anyways, there’s your history of TPL. And as I say, over the last 10 years, in fact, in the app, we have a 10-year screen. I’ve got to believe it would be at or near the top over the last 10 years in performance. I’m running out of time to look it up. But it certainly has been a sweet one. What did I say? 46% per year over the last 10 years of the stock. So anyways, we do own TPL in our number one. We own it. I started in the incubator portfolio. There is a little bit of a problem with the stock in that it doesn’t trade a lot of shares every day. But it’s recently been added to the S&P 500, and that has helped the stock quite a bit.
SPEAKER 04 :
It should help pick the volume up, certainly.
SPEAKER 03 :
It’s helped pick up the volume. So I started out in the incubator portfolio. Number two, I put it into the emerging growth portfolio. Number three, I put it into the ultra-growth portfolio. And number four, I recently started paying a dividend. The royalty has just been going into the value of the land, but now they’re actually paying a little bit of a dividend, which enabled me to put it into the dividend and growth portfolio. Over the last 12 months, TPL is up 184%. Now, it can be volatile a little bit because it trades thinly. And, you know, the way I found it originally was many years ago, several years ago, there was a mutual fund, and it was the Kinetics Paradigm Fund. And I go, man, this thing, what do they own? They had 60% of the mutual fund was in TPL. And so that propelled it as the leading mutual fund out there as far as performance goes. So I said, you know what, I’m going to take a look into this. Now, remember, I mean, it is volatile. It was down 63% during the bear market of 2007 through 2009. But since then, like I say, it’s one of the top performers in the entire market. It’s the stock that most people have never heard of, TPL. It’s not cheap, but, you know, that’s relative. Really, the value of a stock is how much you’re paying for the earnings, etc., It’s been growing by 21% per year over the last five years. It was $98 a share in 2020. $98 a share just a little over four years ago. From $98 to $1,431 per share. That is a success story, and I’m just going to look here at the 10-year performance. Best 10-year performance right now goes to actually NVIDIA, 74.6%. Where is Texas Pacific? Texas is about number 12, okay, at 44%. NVIDIA is 74.6%. Vistra, another Texas stock, is 51.6 per year over the last 10 years. So anyways, that’s how we’ll end the show with a TPL. All right, well, I am on the search every single day for under the radar, above the radar, whatever the case may be. You know, there’s good days in the market, there’s bad days in the market. But when I got into the market 25 years ago, the Dow was 4,000, 3,000, 4,000. Now it’s 45,000. So you always have to kind of step back from the details of the day-to-day stuff and look at the big picture. Imagine if your Social Security money would have been invested every time you had money taken from your check. Just put it in the Dow or the S&P 500. Imagine what you’d have today. Well, okay. You’ve got to do it on your own because the government’s not going to do it. Four weeks of the trial with Gunderson at GundersonCapital.com to set up an appointment with us to discuss our money management. 855-611-BEST. 855-611-BEST. Have a great day, everybody.
