Bill Gunderson brings you the latest in market updates as the financial world waits for cues from the Federal Reserve. Amidst discussions on Palantir’s fluctuating stock value, Gunderson offers a deep dive into the potential impacts of upcoming trade negotiations between China and the U.S. Additionally, explore the unexpected rise in energy stocks and Gunderson’s outlook on the future of AI and tech investments. This episode is a must-listen for investors keen on understanding the interplay between global events and market responses.
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 02 :
And welcome to the Tuesday. It is the Tuesday, May 6th edition of the Best Stocks Now show. And we’ve got a down start to the market here. So far as the Fed meeting begins today behind closed doors. I don’t think they’ll let President Trump in for sure, Barry. They’ll keep that door locked. The NASDAQ is down 210 points today. At $17,632, I’m going to blame Palantir mostly, which I was a little bit worried about their earnings report last night because the stock is so expensive and has come so far in a short period of time. The Dow is down $332,000. Ford warned on their tariff effects it’s down $332,000 to $40,886,000. The S&P is down 51 points today. Kind of a bad start to the week so far. Let’s get that quarter point rate cut. I don’t think it’ll happen, but we can hope spring’s eternal. Meanwhile, we have gold having a good day after another good day yesterday. Gold is up today 2.35%, 3,400, and I want to say that’s a new all-time high on gold. Gold has been a good hedge this year so far. Crude oil is up 3.8%. It’s definitely a two-week high. Absolutely. 59.31% on crude oil, and the bond market’s up a few points right now to 4.34%. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here with Barry Kite, our chartered financial analyst. And kind of a rough start here to the market. Yesterday we were down a little bit. I would say lack of progress, I’m going to guess, with China is probably one of the leading factors in the market right now. And then, of course, these earnings that are coming in on a daily basis. And yesterday it was Palantir that had a good report. But the stock’s down 12% last time I looked. It doesn’t surprise me, to be honest. I warned yesterday about how expensive Palantir is in relation to other stocks, which makes it very vulnerable to any kind of shortfall whatsoever. They didn’t have a shortfall. They beat Palantir. But I guess the beat was not good enough. So we have our second day in a row after a long win streak here of a down market. The NASDAQ was down 130 yesterday. The Dow down 100. And it’s tacking on a little bit more here today. Gold is the bright spot once again. It had a good day yesterday and another good day today. We’re happy with our holdings in gold. I added to them yesterday. And I sent out a message to all of our subscribers that I think the pullback in gold is a good opportunity to establish a position, a good entry point. And the gold is having a good day here so far today. Now, they’re meeting behind… And it’s really the only thing that’s consistently worked. That’s about it, yeah. And it has sold off. During the big win streak in the market last week, it did sell off. It corrected. And then I think when it doesn’t see much progress, it seems to be the hedge against the tariffs. That’s what it seems to be the hedge against. And there has not been much progress. I know they’re talking about… China wants to open talks with some kind of deal on fentanyl. Some kind of deal on fentanyl. What will it take to get these talks open? I haven’t heard where the progress has been since then. We’re going to get some more earnings here today. AMD is going to report. AMD has been looking pretty good in the charts. I don’t have a lot of faith in AMD right now. Disney’s going to report tomorrow. I definitely don’t have much faith in Disney right now. Barrick Gold’s going to report tomorrow. That’s probably an interesting one to keep an eye on. One of the blue chip gold stocks. Uber’s going to report tomorrow. tomorrow and i saw uber made a couple of uh autonomous vehicle uh deals today shopify yeah with pony and i think they made one with the other uh we ride which are the two chinese companies Let’s see what else we got. Yeah, that’s about it there on the earnings reports. Now, China’s economy. We got to mention that. China’s service growth, okay, this isn’t manufacturing, it’s service growth, hits a seven-month low as trade disruptions weigh on new business orders. i’m going to guess that we’re going to see some uh progress being made in the talks between us and china because really now i mean basically all trade has come to a halt and china cannot sustain that their factories are shutting down their service growth is slowing down And that’s on top.
SPEAKER 01 :
Somewhere where their numbers, where they actually reduced, started reducing the amount of information that they’re providing, which tells you that they’re having some issues.
SPEAKER 02 :
Yeah, that means the numbers are bad and they don’t want you to know what the numbers are. And, you know, it’s got to be rough internally there in China with the folks, the people that manufacture. I mean, it’s a manufacturing economy. You know, Russia is an oil economy. You know, other countries have their things that they specialize in, and China is a manufacturing economy. And they must sell what they manufacture, and there’s no way that they’re going to sell all of that stuff domestically. They need the American market, the number one market in the world. So something has to give. We’ve got each other’s backs to the wall right now. It’s pretty much come to a halt. There’s no new ships coming in. They’re not unloading the ships. I would think you’re going to start seeing some progress. I’m sure there’s progress being made behind closed doors. It’s not being talked about. But I don’t see China giving us the middle finger, so-called, and just saying, hey, forget it. We’re not going to make a deal with you. I don’t see that happening. unless I’ve miscalculated she, that he’d take the country right on down with his pride, I guess you could say. EU, there’s no deal there either, and they’re keeping all options on the table as UF tariffs expand. They got, what, a 90-day pause? That’s what kind of kicked this whole rally into gear not too long ago when Trump came along. That was the 2000 day, or 3000 day, I can’t even remember now, when he paused everything for 90 days. He had 12% on the NASDAQ. Since that time now that pause is coming to an end, though, and I don’t see much progress being made in the talks. I’m sure they are behind closed doors. But, you know, the EU suspended its retaliatory 25 percent tariffs on U.S. goods for 90 days after Trump did his. And meanwhile, they’re bracing and they don’t look like they’re going to give in. They don’t look like they’re going to be a pushover here in those trade talks. So the EU, nothing’s really been accomplished. I mean, there’s nothing with Mexico. There’s nothing with Canada. There’s nothing with the EU, and there’s nothing with China at this point in time. So that’s where it’s at, okay? But I would expect this week to see some progress being made in China. All right. The current state of the bond market, I saw a couple companies, I always look at the bond offerings just to see. Apple prices $4.5 billion worth of bonds, its first bond offering in two years, and I was looking at the rates. 4%, okay, you’re going to get 4%. What’s a treasury pay? You get more in a treasury. A treasury is 4.34. Apple’s offering a 4% note due 2028, so I guess that’s a three-year treasury. Their five-year treasury is 4.2%. You still can get a better deal on a U.S. treasury. I’m sure Apple is going to be around five years from now, but that’s kind of the state of the bond market. Now, General Motors, on the other hand, I was thinking about this. Would I lend money to General Motors right now? I’d have a hard time doing that. I’d have a hard time. Let’s not forget, they’re one of the biggest companies ever to default on their bonds. and left a lot of people high and dry, you’re only getting 5.35%. So that’s a lot more than Apple. If you want to take the risk to earn 5.35% for the next five years, per year, and then get your principal back at the end, okay, be my guest.
SPEAKER 1 :
5.35%.
SPEAKER 02 :
We had that Boeing bond.
SPEAKER 01 :
We had that Boeing bond, remember, that looked, from a yields perspective, looked attractive, but it was hard to pull the trigger on that.
SPEAKER 02 :
Yeah, hard to pull the trigger when a company’s having issues. Okay, when we come back, boy, there is a lot of individual stocks in the news today. That’s what we’re going to be talking about mostly is a lot of individual companies. We’ll be right back. And welcome back here to the second quarter of today’s Best Docs Now show. I had an email from a listener who reported on a safe ride on a Waymo. Okay. The car, I want to say it was in the Bay Area. uh waiting for the car here it comes no driver to get out load your luggage right okay there’s no driver you know i don’t know and they got in and uh safe trip no problems took them to their destination they said thank you i don’t know who you say thank you to who do you tip i don’t know i guess
SPEAKER 01 :
You do get around the tip. I want to know how it goes. Like, can you turn it to aggressive mode? Like, how does this thing – I’m just interested in terms of is it just the most cautious driver ever? Is it a bit opportunistic, which you’re going to kind of need around certain cities?
SPEAKER 02 :
Yeah, I don’t think it’s like a New York taxi cab in and out, ducking in and out. I’m sure it stays in the same lane. Yeah. Obeys all the speed laws it stops before the limit line, you know, it doesn’t scrape the curb things like that But they reported but the reason I bring that up is robo taxi firm Pony AI This has been one of the hottest stocks and one of the coldest stocks I’ve owned only one of the most volatile stocks for sure and And that’s why we’ve got it in the emerging growth portfolio. I mean, this is down there, kind of out there on the frontier. They are signing a partnership here today. RoboTaxi firm Pony, simple pony, my little pony, is partnering with Uber Technologies to launch in a key market in the Middle East. later this year with the goal of scaling deployments to additional international markets in the future. Once the service becomes available, riders requesting eligible trips through the Uber app may be offered the option to be picked up by a pony. I’d rather ride a pony down the street to the hotel than a car. Or an autonomous vehicle. You can take your pick. It seems to me like the autonomous vehicle would be cheaper if you’re a cheapskate. During the initial pilot phase, these vehicles will include a safety operator on board. Okay, this is the initial phase. There will be somebody in there making sure it all works right. to monitor the operations until the company’s fully autonomous commercial launch. Pony was up 12% in the pre-market. Now it’s up 5%. In a separate but related move, Uber on Monday announced a significant expansion of its strategic partnership with WeRide, WRD, which is also a Chinese company. These announcements are part of a larger trend. Uber has secured more than 15 partnerships with a diverse range of autonomous vehicle technology companies. Companies over the past two years, in just two months, they’ve revealed new collaborations with May Mobility, Volkswagen, and Chinese driving company Momenta. Okay, well, I don’t see any of ours in there like Waymo or Tesla. Ford signals a $1.5 billion tariff headwind. And guidance suspension among cost-cutting efforts. You know, this couldn’t come at a worse time, really. I think that Trump needs to carve out, you know, these issues for our U.S. automakers. Jim Farley highlighted he’s the CEO these days of Ford. Strong underlying business performance. They had their best first quarter U.S. pickup sales in over 20 years. Maybe that was front running. I don’t know. I’ve got to believe there’s foreign parts in those Ford F-150s. He emphasized successful global product launches and progress in cost and quality targets. However, the company has suspended its full-year guidance to tariff-related uncertainties, estimating a $2.5 billion gross and a $1.5 billion net impact on EBITDA for 2025. So definitely something needs to give there. They haven’t been hit by the tariffs yet, but that’s what they’re projecting at the current rate. And I think something will be carved out there. It also makes me anxious and looking forward to going to Bloomfield Hills fairly soon. It’s on the calendar. I don’t have my calendar with me, but I want to say sometime in July or August. I really enjoyed my trip back there to Bloomfield Hills last time. Look forward to going again to visit Motown and the surrounding areas. Okay. We had a great time last time around. Yeah.
SPEAKER 07 :
You know, hey.
SPEAKER 02 :
I was reading about the history of Lionel trains. I don’t know why. I thought it was interesting. I know that Neil Young owned 20% of it at one time. I’ve always been a big Neil Young fan until lately. He’s kind of gone goofy and off the rails a little bit up there in Canada. But anyways, the CEO, remember that mansion we went to downtown? I don’t remember the name of it. We had dinner there.
SPEAKER 01 :
Yeah, I do. I’ll remember it in a minute.
SPEAKER 02 :
Well, the CEO of Lionel for about 10 or 15 years was Bloomfield Hills. He was a very successful businessman that took on Lionel as kind of a, you know, just for the fun of it. This guy was a major collector. I can’t think of his name right now, of classic cars. I mean, beautiful, 57 cars in 1940, beautiful cars. The Ford Museum I’ve been to, and talk about the classic cars. You guys should all spend a day at that Ford Museum there in Detroit. And this guy here, he’s the one that restored that mansion that we went to. uh downtown it was right around the corner from motown it wasn’t very far from hitsville remember we had a good dinner there and they were talking about how the place was haunted remember that uh interesting place but anyways that was part of our yeah you can go all the way up the stairs remember going all the way up the stairwell and yeah that uh you get third or fourth floor and the painting was watching me the guy in the painting his eyes were moving Anyways, that’s Bloomfield Hills, and we’re looking forward to going back there. It seems like most, like, I don’t know, more than half the people we met with were involved in the auto industry in one way or another, and it was really interesting to hear everybody’s story. It’ll be interesting to hear everybody’s story in Cleveland that we meet with. I’m looking forward to that trip. It gets me out of the office looking at stock charts to talk to some folks for a while, which is always a lot of fun. Okay, Palantir is firing on all cylinders, say Wall Street analysts, especially at Wedbush. They raised their target price to $140 from $120. But here’s the problem. We talked about it yesterday. We do own Palantir. It’s been a good performer for us, a very good performer. Now it’s down 13.7%. It went into yesterday’s, if you go listen to our podcast from yesterday, it went into the earnings report with extremely high P.E. ratio. The P.E. ratio actually goes up after the earnings report here. How can that happen? We’ll be right back.
SPEAKER 05 :
This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show.
SPEAKER 02 :
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 :
Because there’s something in the air.
SPEAKER 02 :
And welcome back here to the second half of today’s Best Stocks Now show. Let’s get a little update here. About the same. Nothing has really moved. The Fed is meeting. Unfortunately, I don’t expect a rate cut tomorrow. I think it’s 97% probability that they’ll do nothing. He probably won’t say much.
SPEAKER 01 :
My guess is he’s probably not going to say a bunch at the press conference either. I think at this point it’s really kind of a wait-and-see mode in terms of what happens from a trade standpoint. You know, they’ve still got those arrows, I guess, in their quiver, right, to cut.
SPEAKER 02 :
Well, there’s a 97% chance that they won’t say anything. There’s about a 100% chance that Trump will say something. Hopefully, the last time he said something, the market went down 1,000 points. So hopefully he learned his lesson on that one, calling, you know, Powell Mr. Behind the Curve or whatever it was and, you know, whatever. What did he call him? He called him an idiot, a moron. I think he said he’s always late. I think he said he’s always late sometimes. All right. Well, anyways, we’ll see what happens tomorrow. The market would explode to the upside if you got a quarter point rate cut tomorrow. Okay, back to Palantir. which let me just look at their quarter. All right, their sales were up 39% year over year, which is very good. Their earnings were up 63% year over year, but they’re still only making, they’re going to make 57 cents a share this year. 57 cents, not $5.70, 57 cents, and the stock’s trading at 107. So it’s trading at just under 200 times this year’s earnings. Next year they’re expected to make 72 cents per share, which is 25% growth. So this is not a triple digit growth company. This is not a 100% growth company, yet it’s trading at multiples. This is a very popular crowded stock at the current time. I watched it go clear down to the 66 area from 125 and then rebound to its old high. And that stock was also hitting resistance yesterday at its old high before the earnings report. I didn’t have a lot of faith going into the earnings report, but I could also see no reason of selling the stock before the earnings report. You could have sold half of it, maybe. I did give that some heavy consideration and decided at the last minute not to.
SPEAKER 01 :
It’s expectations. We talked about it yesterday where you can have a greater earnings report, which is exactly what we said. I mean, it’s a fantastic earnings report going forward, right? I mean, they’re talking about essentially being the operating system for AI. So think of Windows for AI, I guess, if you want to put it that way.
SPEAKER 02 :
And they said that AI demand is off the charts right now.
SPEAKER 01 :
Right. And they’re just going to continue. I mean, they’re going to continue this growth path. But the problem is expectations. We’re talking about 14. I think 14 analysts had raised guidance right over the last 90 days. And so, you know, that’s just continually raising that bar. And I guess, you know, didn’t quite hit it high enough, I guess.
SPEAKER 02 :
Morgan Stanley says they’re hitting on all cylinders. Wedbush. We see Palantir as a generational tech name that we see as a trillion-dollar market cap over the next three years. Palantir is a core name in the AI revolution theme. Now, that comes from Wedbush, who is always pretty hyperbole. Yeah, I mean, Tesla is their favorite, and Apple is one of their favorites, and they just love Palantir. And Morgan Stanley called it a blowout Q4. We see Q1 equally as impressive. Palantir continues to prove that as one of the clear AI winners in software, which is translated to accelerating top line growth of 30% plus. But I just think the stock is out ahead of itself from a valuation point of view. Not enough to sell it, but certainly not enough to put new money. Now with this pullback today, that’s an interesting proposition. I would definitely be more inclined to put money in it after this sell-off today than I was yesterday. Okay, the other one in the news here today, and it’s having a pretty good day, is Constellation Energy. There’s another one. I mean, Constellation lost half of its value during the tariff talk. It went from 352 clear down to 164. It’s been a boring company all its life until the nuclear renaissance began. And the nuclear renaissance and AI go hand in hand. You know, out goes the wind, out the back door and solar, and in comes nuclear, big time, and liquid natural gas to power these data farms. And Constellation Energy made big news by providing a big 20-year deal with Microsoft. And that they do one with the U.S. government, too, to make sure that the government never. So, you know, when everybody else is sitting and reading by a candle and we don’t have Internet, we can’t heat our microwave dinners, the government and Microsoft will be cranking right ahead with all of that nuclear energy that they bought from Constellation. Constellation’s having a monster day. It’s up 8.5%. Now, we got out of it at 215, around in there. But I bought it back in the value, in the relative value portfolio. within the last two or three weeks, that thing’s off to a really good start. I really like that portfolio. I mean, if you’re one that likes to buy these stocks that I talked about, but not when they’re hitting new highs and breaking out, but rather after really severe pullbacks. And, you know, some people just prefer that methodology. It’s been working out so far. Of course, we’ve been in a period of time here where there have been a lot of steep pullbacks. And it’s allowed me. There weren’t many stocks to find two months ago for all of this. They were all hitting new highs for the most part. So if you would rather wait and see going in at hopefully the low and hoping that it doesn’t go any lower, I try to be really careful where I buy these stocks in that value portfolio. I just have to say that’s my favorite portfolio to manage right now. Because I think that’s where some of the most lucrative opportunities still remain. And Constellation is in that portfolio.
SPEAKER 01 :
And you’ve been putting together that idea for a while. And, you know, just the market kind of came to the idea. And so it worked out well.
SPEAKER 02 :
I penciled it out about three months ago in my mind, and then I put it on a spreadsheet amongst all the other models that I have in those spreadsheets. And I started populating it with ideas as I looked through charts every day. And I said, you know, if the market ever pulled back, this stock would really be a good buy, you know, at a lower level. And eventually the market did pull back. We went through a very stiff. We were having thousand point days to the downside. It got pretty bleak. And I was adding stocks along the way, and I probably have that thing 15 to 20 stocks. I’m also taking smaller positions in that portfolio, so it’s going to be less volatile, 2.5% positions rather than 4% to 6% positions. And I’m very happy with it so far. Okay, the next stock I’m going to mention, we’re going to leave Constellation Energy, which is up in Baltimore. That’s Three Mile Island, by the way. Very controversial area, but they’re firing all of that back up. We’re going to go down to Brazil to Embraer, which is a jet maker. Mostly your smaller commuter planes, the Embraers. I believe that was an Embraer that went down in Washington, D.C. It wasn’t their fault. The helicopter was in their path. Embraers down 2% today, but I think they had a very good earnings report. This is a growth. This isn’t… I mean, this is a much better, to me, a much better stock than Boeing. They haven’t had all the issues that Boeing has had. They have a faster growth rate. Their sales were up 17% year over year, and their earnings were up 123%. I mean, Boeing does not… put out numbers like this. The only difference is Boeing is a massive mega cap company and Embraer is a small cap at $8.5 billion, but probably one of the best small cap stocks out there in the market today. And we do own Embraer also in that value fund. We’ll be right back.
SPEAKER 07 :
You got to go where you want to go.
SPEAKER 1 :
Do what you want to do. Do whatever you want to do.
SPEAKER 07 :
You got to go where you want to go. Do what you want to do.
SPEAKER 02 :
And welcome back here to the final segment of today’s Best Stocks Now show. We’ll be in Cleveland two weeks from today. And those appointments, Tuesday and Wednesday, if you want to snag one, you better hurry. They always are filled up. And we’re at the Marriott in Warrensville, Tuesday, Wednesday, May 20th and May 21st. Call us at 855-611-BEST. That’s 855-611-BEST. Talk to Edie, and she’ll figure out a time for you that you just tell her what works, and we’ll work it in there. And then, of course, Tuesday night I’m going to teach a class. just for the heck of it, there at that Warrensville Marriott. And we’ll talk a little bit about who knows what. You know, it depends on what the situation is like in the market at that time. But we should have some fun. And the workshop will be from 7 o’clock to 8.30. p.m yeah two weeks from today so that’d be two weeks today so uh so there’s a lot that can happen yes a lot that can happen there could be a lot that can happen by friday now global foundries most people don’t realize we have some foundries here in the u.s that make chips but you know the foundry business other than taiwan semiconductor because they’re so dominant has not been very good uh… global foundry says not been a very good stock at all i mean it’s been as high as eighty years thirty five is just flat uh… it’s in malta new york they beat earnings estimates uh… but you know they have growth very little growth and uh… so i’m not a fan of owning the foundry stocks now another one that i picked up in the value portfolio and uh… is doing rather well since we bought it. Peabody Energy. Bill, you would invest in coal. Well, if you haven’t been watching the news, you know, Trump has gone easy on a lot of the coal plants, existing coal plants, until we transition over to whatever is going to dominate the energy picture, probably nuclear and LNG at some point.
SPEAKER 01 :
Just the demand for energy, and you’ve got to be met now, and coal can meet it faster, at least at this point, than nuclear can.
SPEAKER 02 :
Yes, so I picked up BTU here recently in the value. That’s the other thing about the value.
SPEAKER 01 :
Great symbol, by the way. Yeah, BTU.
SPEAKER 02 :
I can go anywhere I want for those 40 stocks that will eventually populate. I can go to Brazil. I can go to small caps. I can go to mid caps. It just depends on where I find the ones that fit my criteria. BTU was a pure value play. It has a PE ratio of 5. Okay, you don’t find that in today’s world. But, of course, the war on coal… has been intense. There was a horse in the Kentucky Derby called Coal Battle. I watched him on TV. I think he ran in the Arkansas Derby or something like that. But there has been a coal battle. Peabody’s headquartered in St. Louis, Missouri. They pay a dividend yield of 2.1%. It too is a small cap stock, very small, $1.7 billion, even smaller than Embraer. But Peabody’s been a very good pickup for us so far. We have a nice profit in it and it’s up today 5.6% after a very good report, after a very good earnings report. Okay, now another one here that has reported today, and it’s down 7.1%. We own DoorDash in our Ultra Growth portfolio. I don’t think the problem was the earnings that they reported. Their sales were up 21%, and their earnings, they reported record earnings, 44 cents a share. They’ve never had such good earnings. Their earnings were up 833%, but they made a couple of acquisitions. And when you do that, your stock usually sells off. They bought Deliveroo, which is over in Europe, and they bought Seven Rooms, a New York City-based software company and global leader in hospitality technology. I don’t know what’s up with that, but they did spend some money on new acquisitions. You just hope that those acquisitions will be accretive and add earnings to the bottom line. I don’t think they would have made the deal. I mean, you’ve got all the financial guys that model this stuff. If we bought this company, would it help our earnings? If it’s not going to help the earnings, they’re not going to do the deal. But the stock sells off usually anyways. I do like DoorDash. I think that’s another one of today. It’s today. It represents today. I think a lot of restaurants are hurting these days, you know, from the traffic coming into the place. Because, you know, people are using DoorDash. That’s another sign of the times that came from COVID for the most part.
SPEAKER 01 :
It would be interesting to see how their earnings hold up. You know, say you do end up in a recession, right? It just ends up just, you know. Just interesting to see how DoorDash would hold up because I was thinking about this. The underlying restaurant obviously is going to have to increase deals to attract customers in a recessionary environment. In that case, does DoorDash, I wonder if they have, from a pricing power standpoint, maybe that fee stays the same.
SPEAKER 02 :
It is kind of a luxury, though. There’s a pretty big price tag. Unless you get a deal of the day, no charge on the delivery. But anyways, the growth is good, so we like it. It’s in our ultra-growth portfolio. Marriott reported today they’re up 2.4%. That’s good to see. I’ve also noticed booking has been on a roll recently. That’s one of the top travel stocks. Booking is kind of what DoorDash did to the restaurant industry. Booking kind of did to the hotel and motel industry. And let’s see. We’re out of time. Vestas Energy, that’s the Danish wind company, not doing that great. And also we had Celsius miss their Q1 sales expectations. Okay, well, a lot happened, and then tomorrow will be Fed Day. We’ll get the announcement around 2.30, and then the Fed comments at 3, and then Trump’s reaction at 3.01 and one second. I’m sure he’s not going to be happy with the outcome. And in the meantime, we look for values. We look for growth. It’s that daily search that makes us such an interesting business to be involved in. If you’d like to talk to us, make an appointment either in person there in Cleveland or over the phone by Zoom, 855-611-BEST, 855-611-BEST, or get that free four-week trial to the newsletter, the app, and the daily alerts at GundersenCapital.com. Have a great day, everybody.
SPEAKER 04 :
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 SIBC and FINRA.
