In today’s episode, we kick off with a detailed market update following Trump’s decision to delay the implementation of EU tariffs for 90 days. This strategic move has led to a robust rally across major indices, with the Dow, NASDAQ, and S&P all experiencing impressive gains. However, the situation is less favorable for gold, which drops sharply amid the trade deal delays. With a backdrop of a volatile last week where Europe’s budget bill and escalating debts were at the forefront, the show delves into the intricacies of market fluctuations and what they mean for investors. The focus then
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 Tuesday. After the long holiday weekend, it is Tuesday, May 27th already. It’s Tuesday already. This is 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 guess what? We’re off to a very good start here so far on this Tuesday to begin a new week after Donald Trump puts on hold for 90 days. That seems to be the pattern. Put it on hold for 90 days. The market rallies, and this time he put the EU tariffs on hold after threatening to raise them to 50%. Last week, I guess that didn’t work, so they’ll put them on hold. Apparently, they are getting very close to a deal, however, so I think there’s good hope there. Right now, the Dow is up 387. That’s just under 1%. We’re at 41,990 on the Dow. The NASDAQ is flying right now. It’s up 337 points or 1.80%. China’s taking it on the chin a little bit. A couple of their stocks are down considerably. as they feel that hit from the tariff starting to show up in their earnings reports. S&P up 1.34%, up 78 points. The 10-year is down just a little bit, and the asset class that does not like delays in trade deals, or tariffs is gold. And gold is therefore down 2.11%. It’s the biggest loser in the market today. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. Boy, it seems like we haven’t done a live show. Well, I guess we did one on Friday. But we had to do a replay on Thursday as we were both traveling. And then, of course, on Friday, Monday, we had the day off, markets off, and we played a replay there. So you’ve had a couple of replays. But I don’t see any replays in the near future to look forward to for myself.
SPEAKER 06 :
I guess maybe the 4th of July will be the next one.
SPEAKER 07 :
And in the meantime, after a bad week last week, we were down about 3% last week. I think it was mostly Europe. I think it was the budget bill. I think it was interest rates going up, kind of a topsy-turvy week. The debt mounting, not much in that budget bill to really cut into it. But, you know, Besson says, he’s our Treasury Secretary, we are laser focused on cutting into the deficit over the next four years. But, you know, it takes time. I mean, you’re turning around the USS Enterprise battleship aircraft carrier, and it takes a long time to do that. And if you cut too much, you put the country into recession. So it’s a game of inches in the markets and in the economy. And, of course, you had a lot of rhetoric last week. You had Trump going after Apple and Tim Cook. You had Trump going after the EU, threatening them with a 50% tariff. And you also had him going after Harvard last week. So welcome to the new week.
SPEAKER 08 :
This week, I guess, you know, we ended, we thought normally it’s a quiet day on Friday. Started with, of course, the… um you know threat of uh speeding up some of the tariffs on europe and then thankfully right by the time the dust settled uh coming on the show on tuesday we’ve got uh we’ve got some what looks to be at least uh some progress in in that arena yeah yeah i mean i don’t know if it’s progress to delay it by 90 days but they did the trade representatives did say that uh
SPEAKER 07 :
They were down to just several issues. They’ve ironed a lot of them out.
SPEAKER 08 :
Well, and these things, historically, I mean, I’ve heard it best to even say, you know, historically, some of these deals, you know, as you iron every piece of it out across all different products and different industries and sectors, you know, you said it can take, you know, sometimes two to three years in some of these negotiations. But, you know, obviously, you’re making progress. You’re putting… uh making changes on the board and you’re you know likely going a lot of these things go in industry by industry some when it comes to china and india possibly company by company right well and then you get down into the brie cheeses of the world and mercedes-benz and but it but the uh the european commission president ursula von der lander
SPEAKER 07 :
requested the extension on the June 1st deadline. And here’s what she said. She said in her own post on X, she said, Europe is ready to advance talks swiftly and decisively to reach a good deal. But we need time until July the 9th. So that’s your next deadline, right?
SPEAKER 08 :
Right. And that’s good because, I mean, the EU, obviously, they’re a pact of countries. And They notoriously take a long time to come to decisions. Yes, bureaucrat. I think the message that Trump sent on Friday is he was frustrated at the slow pace of movement from the EU and looks like might have lit a bit of a fire under him.
SPEAKER 07 :
Yes, and they are historically slow at coming to decisions. You have a lot of bureaucracy involved. over there in Europe. But it does keep the mood upbeat, and it does sound like they’re having constructive talks. It’s not like tit for tat and going after each other. It sounds like everybody’s getting along, and they will get a deal. Now, I wrote up, I didn’t realize, this story kind of broke. Well, it’s been out there. I mean, I have written up the Japan carry trade before and explained what it is all about. I mean, Japan is the world’s top creditor in the world. Until now, it lost its place as the world’s top creditor in the world. Germany has overtaken it, another country known for very cheap debt. And Japan loses the title of the world’s top creditor for the first time in decades. And it’s finally gone over 1%. It’s up around 1.5%. And that was my chart on the front cover of the newsletter. Yep. on Saturday morning, which I got out in a very efficient manner. I have a new process for getting the newsletter out earlier on Saturday for you all. But I showed a chart of that Japanese interest rate, which has been mired at under 1% for decades, for years. You can borrow money from Japan. for less than 1%. It was the carry trade. They would go ahead and buy those Japanese bonds and then turn around and use them to finance other investments and whatnot. So anyways, we’re going to keep an eye on that.
SPEAKER 08 :
Think of it this way. Borrowing in yen and then buying assets around the world with it, right?
SPEAKER 01 :
Yes.
SPEAKER 08 :
Whether it’s treasuries and making some arbitrage, potential arbitrage return or… Some of that finance is ways to make other investments in equities or private investment into the U.S. and around the globe. So, yeah, it’s a source of borrowing funds. Think of it as margin for the markets. And as that margin decreases, meaning they lend less, that’s when some of that unwinding that you talk about in terms of unwinding occurs.
SPEAKER 07 :
Yeah, and the worry is as it goes up, the lending will go down, the borrowing will go down, and therefore that turning around and investing in things that return more could also start to struggle. We’ve had this worry before. It came up about six months ago. But now that Japanese debt has really taken off their interest rate. They’ve lost the battle of trying to keep that high end of the debt or the interest rates down. And so now it becomes a little bit more of a headline to watch. Now, I can remember maybe five, six, seven years ago when I had to add Greek debt and Italy debt to my newsletter each week because it was the center of the storm. As their interest rates were starting to explode and they were not able to pay their retirees, some of them, they were having to lower the benefits and there was a lot of turmoil and ruckus out there. Austerity. Austerity. Oh, I can remember my dad. Well, this year’s vacation won’t quite be like last year. He didn’t use the word austerity. But you know it wasn’t going to be Disneyland. It was probably a trip up to Montana to see Uncle Neil, you know, where we could stay for free at his big resort there and that kind of thing in the old Pontiac. And it wasn’t going to be Disneyland. So anyways, austerity. But Japan loses the title as the world’s top creditor for the first time in decades. decades and i have now put that on my weekly watch list will be that japan tenure i do look at it from time to time but now it’s going to require much closer monitoring because on days when the japan debt goes up you just watch those high-end high beta stocks go down there is a direct correlation that’s going to be very important to watch going forward we’ll be right back
SPEAKER 1 :
Thank you.
SPEAKER 07 :
And welcome back here to the second quarter of today’s Best Stocks Now show. You know, Japan had their worst 20-year auction since 1987, which shows you that that carry trade is slowing down. And Japan’s Ministry of Finance is going to meet to try to gauge investor sentiment ahead of bond sales because if those sales don’t go well, Interest rates go up, and if the demand is not there, they’re going to have to start floating a lower amount of bonds, obviously, to keep those interest rates from going up. So it really hit last Thursday when Societe Generale, I think that’s a big bank out of France, that’s their main bank, kind of like Barclays in the U.K., or Goldman Sachs here, they said that there could be a dramatic shift in the markets worldwide triggered by Japan’s bond market turmoil. But having said that, I mean, they’re still at 1.5%, but you start moving towards 2% and over 2%, They’ve got a big problem there in Japan. Russia launches the biggest air attack. Here’s worry number two. Russia launches biggest air attack on Ukraine. Trump calls Putin absolutely crazy. Well, Barry, it’s not good to have somebody absolutely crazy behind the trigger or buttons of nuclear arsenal.
SPEAKER 05 :
Yeah.
SPEAKER 08 :
Especially since they seem to have had, at least historically, right, it seemed to have had kind of – Putin and Trump have kind of had, you know, certainly a better relationship than with the Democratic side for an extended period of time. Really the only person that’s really been able to talk to him, right? I mean, in terms of administrations. But, you know, having him, when I saw that this weekend, I’m like… First, it was one attack, and then he mentioned he was quoted as saying in terms of crazy and killing people for no reason. And then I think he launched even a bigger drone attack right afterwards.
SPEAKER 07 :
Yes, launching three nights in a row. That’s their biggest aerial attack on Ukraine. I mean, he’s definitely sending a message.
SPEAKER 08 :
And using Iranian drones, by the way, as we were in potential nuclear talks with Iran, right? I mean, the interplay between it all is just unbelievable.
SPEAKER 07 :
Well, I would just also mention to all of you that are students of the Old Testament, Ezekiel chapter 38, you might want to read that because Ezekiel, A long time ago, Jewish prophet predicted all the countries that would be in league towards the end times. And, of course, Russia and Iran are number one and number two. And here it is. It’s happening right before our eyes. Now, who knows what comes of all of this, but 900 drones. And Putin basically giving Trump the middle finger, it would seem like. And Trump also rebuked Zelensky saying he’s doing his country no favors by talking the way he does. I would say that Zelensky’s got a big mouth. Of course, Trump has a big mouth, too. Everything out of his mouth causes problems, says Trump. I don’t like it, and it better stop. So anyways, I think it’s safe to say there’s been no progress in the peace talks or the ceasefire talks between Russia and Ukraine. But like you say, the scary thing is Iran is there. With the drones, and what if Israel were to attack Iranian nuclear sites? Would Russia defend Iran? I mean, at this point, you would say, gee, I mean, they must owe Iran some loyalty for giving them the drones and whatnot, and the two kind of are in league with each other, you would think. Okay, earnings week ahead. Here’s worry number three. NVIDIA, Wednesday, after the close, NVIDIA will report earnings. We’ll also get earnings from Salesforce. Salesforce made a big acquisition today. We’ll get earnings from Costco, Hewlett-Packard, Marvell, Dell. uh and a few chinese stocks but definitely i would say these days the biggest report of all is nvidia in the market right i mean godfather of ai at the moment right it’s it’s it’s number one and it’s in the dow and it’s a huge piece of the nasdaq it’s a huge piece of the s&p 500 They will report after the close on Wednesday. Analysts expect their earnings growth to grow 19%. Is that all? 19% year over year? That can’t be right. That’s what they’ve got here. They must have had a sensational quarter a year ago, which makes a tough comparable. with nearly a sixty they can expect a sixty six percent surge in revenue which is also called sales reflecting continued strength in a i driven demand and data center growth wall wall street maintains a strong by consensus seeking alpha analyst take a more cautious stance assigning the stock a hold due to valuation concerns well the best stocks now app i believe has it as a strong buy still uh yes the valuation concerns are there but it’s nothing it has nowhere near the types of valuation that some of these other stocks have in the market. Let me just see what our current ranking is on, of course, that’s artificial intelligence coming up with that. I make the final decision on it. Right now, NVIDIA in the app, NVDA. I know it has over 100% upside potential on the valuation there, It’s got 118% upside potential. That’s excellent. I like 80% or more. It’s ranking, we have it currently with a buy ranking. And, of course, the performance grade on NVIDIA is an A-. No, actually, it’s better than that. The performance grade is an A+. I’m sorry. Well, why? Over the last 10 years, an investment in NVIDIA 10 years ago, 75% per year. Compound that out. Start with $10,000 and add 74.5% per year for 10 years. That’s been the average return. And you’ll see, I think it’s still the number one 10-year returner in the entire market. You can look that up on the app. We obviously still have a buy ranking. Okay. Costco, we don’t have any exposure to. And the others, we don’t have any exposure. Oracle to spend $40 billion on NVIDIA chips. How would you like to be the salesman that made that deal? Okay, sign right here $40 billion deal to power OpenAI data center, which they’re building in Texas. Oracle is. Oracle’s a big player in data center, even though it hasn’t really shown up in the stock that much. So anyways, that’s a big, big contract. And then last week, I would say the sector of the week. Bitcoin obviously had a good week. It hit a new all-time high. But when we come back, the sector of the week by far and away was, well, it’s in the news again today. We’ll talk about that sector when we come back. This is the Best Docs Now show. 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 05 :
Call out the instigators Because there’s something in the air
SPEAKER 07 :
And welcome back here to the second half of today’s Best Docs Now show. We’ll begin with Oklo. Oklo is in the nuclear sector and really kind of in the leading spot, I would say, along with SMR to make kind of a smaller, they call it a fourth generation small modular reactor. Technology is where they’re at, the fourth generation reactor. They signed a memorandum of understanding with Korea, hydro and nuclear power for advanced nuclear project. Well, you know what? Look, if we can use Korea as kind of a test to see how fast they can get this thing running and up and running, that would be great. It’s up 1.8%. That’s a really solid chart on Oklo, okay? Oklo and Korea said they will explore opportunities to jointly advance the standard design development and verification of Oklo’s planned Aurora powerhouse and to cooperate on early stage project development efforts, including manufacturability assessments and planning of major equipment, supply chain development, for balance of plant systems and constructability assessments and planning. So that’s good. Okay, so Oklo’s surged 23% on Friday. Why? Well, that’s why that was the sector of the week last week. You had President Trump signing an executive order aiming to expand nuclear power. So now it’s official. I mean, I’ve felt all along that we definitely were going to go in this direction. I mean, that’s something the Republicans and the Democrats agree on right now.
SPEAKER 08 :
Well, we know we need more power. Yeah, need more power. And if, you know, we can get it in a safer, more reliable manner, particularly, I mean, in terms of, you know, you’ve been talking about nuclear kind of becoming, you know, green, you know, kind of green energy now. The trick is obviously just keeping it safe and disposing of the waste however they deem appropriate.
SPEAKER 07 :
Yes, and I heard Elon Musk say that we’re going to be low. We’re going to be feeling it by midway next year. And it comes right down to every time someone does a chat GPT search, That thing is whirring and spinning and coming back with an answer to you somewhere in a data center. NVIDIA chips are spinning and heating up to get you that answer as quickly as possible. Now think of millions of people at the same time asking chat GPT. Therein lies the answer as to why it takes so much power. to run this AI. So anyways, I mean, some of the stocks that took off Friday, Lightbridge, which is working on a fuel that they can develop a lot faster, was up 43%. Let’s hope Iran doesn’t get in on that, speeding up the uranium enrichment. Nano Nuclear NNE, which I’ve owned in the past, Oklo, Uranium Energy, UEC, Centris Energy, these are uranium suppliers. NuScale, definitely a major player in this small modular space, SMR. And some others were NextGen, ASP Isotopes, which is another one developing a different kind of fuel system. Bill Gates has an investment there in that. Denison Mines, Cameco, BWXT, Constellation Energy had a big week. Vistra had a big week. Talon had a big week. And NRG also had a big week. So that’s pretty much… all of the players in that nuclear sector. And there is a nuclear ETF. I can’t think of the symbol offhand. You can look it up, but it’s all of these stocks in one place. to spread your risk around, but still we’re five years out, maybe five years and three months now, or four years and nine months. I mean, we’re getting closer and closer all the time to actually having new nuclear supply online. Okay, so remember that. For me, these are still trading stocks, but I can see making an investment, especially in the bigger ones, Vistra and Constellation and NRG. Okay, more fruit from the trip to the Middle East. Imagine this. In Saudi Arabia, in the city of Qaddafi, they will have a Six Flags. They’re going to open their first theme park outside North America in Saudi Arabia. Wow. So they like roller coasters too, I guess. There has a major international growth project in the works this year. And I think as you watch those reports from the Middle East, you realize how developed… And how, you know, pretty nice area over there to even go tourism and visit. Looked pretty nice to me. Great hotels and restaurants and a lot of American stuff over there in that neck of the woods. But this will be Six Flags, which the symbol is fun. It will be the largest park in the world featuring 28 rides and attractions, including the record-breaking Falcon’s Flight roller coaster, which is set to be the world’s tallest, fastest, and longest coaster. All three, huh? And while you’re on that, Barry, I’m going to hang out at the Aqua Arabia Water Theme Park, which will offer 22 water rides in that 108-degree heat. Probably, yeah, that’s required. Including the world’s tallest water coaster and Saudi Arabia’s first surf pool. They’ll be hanging ten in Dubai. How about that as Americanization? Now, one of the other themes here, and we’re… I want to know how long they’ve been building that.
SPEAKER 08 :
I mean, wow. No, they just announced it. Oh, okay, so they haven’t built… I got you.
SPEAKER 07 :
Yeah. Well, wait a minute. No, it’s scheduled to open in late 2025. Oh, okay. Wow. That thing’s well underway. I mean, that thing’s almost ready.
SPEAKER 08 :
I’m going to have to take a look at that online.
SPEAKER 07 :
Let’s go do a workshop in Dubai. I hear there’s some money there and some wealthy investors over in that neck of the woods and in Saudi Arabia. And who knows where we’ll end up with Best Docs Now show. And, you know, I’ll wave to you as you go down that slide and that roller coaster. And Jeff Webster, definitely, hanging upside down in the roller coaster there at 90 miles an hour, loses Dodger hat, hopefully. Let that thing fall on the ground right into the trash can. Okay, WeRide expands into, guess where? Saudi Arabia with the launch of RoboTaxi. You know, the king of Saudi Arabia, you know, it’s Salman, S-A-L-M-A-N, is really bringing Saudi Arabia into the 21st century in a big way. And WeRide is a Chinese company. And while WeRide is expanding into Saudi Arabia with launch of Robotaxi, we know they’re going full blast ahead. full speed ahead in the Bay Area of San Francisco and in Austin, Texas. Now, I’m headed out next weekend to the Bay Area. My friend Douglas, who helped me develop the Best Stocks Now app, he got a new boat, Barry, in his retirement. I said, Douglas, I’ve been handling a boat by myself, both large and small, for 30 years i’m going to come out there show you the ropes teach you how to do everything so you’re not afraid to leave your slip the truth of the matter is as you drive by a landing that has hundreds of boats in that landing you know how many of them actually ever leave their slip probably two or three percent the others are just there parked getting uh barnacles on the bottom A cleaning bill every month. Never leave the slip. Maybe they go party on the boat on the weekends. But if you’re going to have a boat, use it. Get out there on the water. So I’m going to teach Douglas. He’s on the Sacramento River up in the Suiswin River area. And I’m going to teach him the ropes there. So I’ll check and see. And maybe we’ll get downtown San Francisco. I really want to see the robo-taxis. The Padres are in town that weekend, and he has a couple of grandsons that are security guards. One of them is a security guard. Oakland is playing in Sacramento this year. The Oakland A’s are no longer in Oakland.
SPEAKER 08 :
Yeah, they’re playing in a minor league stadium over there, right?
SPEAKER 07 :
Yes, and I’ve been there. That’s a nice little stadium. So going to have some fun in Sacramento and broadcast Monday and Tuesday. from the Bay Area and give you a live report with waders, waterproof boots on the ground. We’ll be right back. We’re going to talk about Tesla, BYDDF, and a few others. This is the Best Docs Now show.
SPEAKER 06 :
And welcome back to the final segment of today’s Best Stocks Now show.
SPEAKER 07 :
Well, by tomorrow we should have a firm date. and location for our Lakewood Ranch workshop and two-day meeting agenda. We are looking at four weeks from now. It’s just nailing down that place where we can do everything in one place, hopefully. And we’ve got a couple almost set to go, and then we’ll announce that. And then, of course, we’re headed to Bloomfield Hills, Michigan, Detroit area. uh eight weeks out and while i’m back in that bay area i’m going to take a look around uh we’ve been on k-dow there for a number of years and it’s time to do something in the bay area barry i get you out there to uh fisherman’s wharf what’s left of it it’s one of the was one of the greatest cities it’s still a great city i mean i still love san francisco The seafood. Tadditch Grill is probably my favorite restaurant in America. Yeah, I’ve talked to a lot of folks.
SPEAKER 08 :
A lot of folks over there are excited to get the chance to get out there sometime. It would be nice.
SPEAKER 07 :
We’ve just got to figure out a place to hold it. I’m thinking probably San Jose. If you’ve got any suggestions… You know, we used to go downtown San Francisco. You know, there were some nice hotels there, and I would teach a workshop downtown and have it in a nice conference room there. But I just don’t know that people like going downtown San Francisco anymore. So if you’ve got a suggestion for us in the Bay Area, if you’re listening to KDAO, maybe over by the tesla plant i don’t know somewhere around there give us an idea we want to hold something there in the about three months four months out from now in that bay area of course we’re going to get back to minnesota and hopefully down to houston here eventually and then pittsburgh we can’t forget pittsburgh we can’t leave pittsburgh behind we have uh I’ve got to print a t-shirt. You’ve got a full schedule. Well, I’m going to print a t-shirt. The dead and company, you know. The gunderheads follow us around. Trump says U.S. deal will remain under American control with Nippon deal. He doesn’t want to give up control of it. He has no problem with Japan. That was a concession, investing in it. And while WeRide is expanding into Saudi Arabia, Pony is teaming up with Dubai Rapid Transit Authority to boost self-driving transport in Dubai, another place. where there’s megabucks floating around, and I can see probably some major advancements being made in that area of the world in this whole autonomous effort. Will there be a day? I mean, my buddy Douglas, he used to commute from the Fairfield area to downtown San Francisco every day as he worked for Wells Fargo at their headquarters as a programmer. And they did ride share, Barry. They would all show up at a ride share area, and one guy would be the driver for the week, and about six of them would get piled into the car. Nobody could decide which show to listen to, so they solved it by turning to KDAO, Invest Stocks Now Show. which is on every day back there live. And so anyways, someday an autonomous vehicle, maybe a little passenger thing fitted with TVs and whatnot, you’ll all pile in and no driver and drop you off at your locations that have been programmed in by computer. We’re headed in that direction. Just like the Jetsons. I used to watch the Jetsons when I was a kid, and now all of this is coming true. Maybe we’ve passed the Jetsons. Not quite. I know this flying taxis. I saw a company today. Uh, their headquarters, I had no idea that, uh, it’s, uh, let’s see, what’s the name of, it’s one of the leading robo or ro, what do you call the, what do you call the flying ones?
SPEAKER 08 :
Oh, the, well, they, we, for a while we were calling them the flying taxi, but I mean, essentially it’d be, yeah, it was before we got, uh, got to the robo taxi far along.
SPEAKER 07 :
Bridger Aerospace is going to expand their headquarters. They are headquartered in Bozeman. Yellowstone. That’s got to be the only publicly traded company. I have relatives in Bozeman, and my uncle owned a big, giant resort just outside of Yellowstone in Ennis, Montana. That was our vacation because we could go see Uncle Neil on pretty cheap budget, right? It wasn’t Disneyland, but I liked it better than Disneyland myself. Yeah, not six flags in Saudi Arabia, right? I mean, would you rather go to Bozeman and fish those rivers around there? My cousins, great, they were both great cousins, were very famous fly fishermen in that area. And Tommy Morgan was a world-famous builder of custom-made fly rods. I said, Tommy, when are you going to make one for me? He said, send me a check for six grand. And I’ll have it done in about six months. He made about $100 a year. That was it. Wow. He was world famous until he passed away about three or four years ago. But I still have a lot of relatives in that neck of the woods. That’s where Bridger Aerospace, B-A-E-R. Now, I could see getting in a little flying thing and flying over back to the Bay Area back and forth and whatnot. But around town, I don’t know how that’s going to work. They’re going to have to land on rooftops or something like that. Now, CoreWeave, downgraded by Barclays to equal weight. That has been one of the hottest stocks in the entire market. We have done very well. It doubled in about 10 weeks. No, no, 18 days. I’m sorry. After we purchased it in the Alter Growth Portfolio, and I am a risk manager too. I’m always looking in the rearview mirror. I took my cost out of it by selling one half. And what’s sitting there now is gravy. The stock went up 95%. Salesforce announces a deal to acquire Informatica. You know, we’ll get an update. We have some listeners that work for Salesforce. I’ve never found Informatica to be a very good stock, but maybe… It will help Salesforce’s efforts.
SPEAKER 08 :
Yeah, and it’s on that data front. I mean, a lot of data has to do with AI, and that’s obviously the next vertical for them that they’re kind of trying to add to. So that’s basically to help customers with their own data.
SPEAKER 07 :
Okay. Well, we’re out of time. We have plenty of data on all the people that have called our show over the years. Anyways, if you’d like to call the show in the coming years or today, you can get a four-week trial to the whole enchilada. Just say, I want the whole enchilada. 8 at GundersenCapital.com. Or if you’d like to talk to us about your portfolio, if you’re in a boring asset allocation or in a bunch of ETFs based on your age, we’re not fans. That’s the way we roll. Give us a call at 855-611-BEST. Set up an appointment. 855-611-BEST. Have a great day, everybody.
SPEAKER 02 :
This show is not a solicitation to buy or sell any securities. Bill Gunderson or clients of Gunderson Capital Management may have long or short positions in stocks mentioned during the show. Past performance is not indicative of future performance. Gunderson Capital Management is a fee-based registered investment advisory firm. All accounts are held at Charles Schwab. Schwab is a member of SIBC and FINRA.
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