In an ever-evolving investment climate, Bill Gunderson’s analysis stands out by seamlessly weaving personal experiences with market expertise. Explore the ripple effects of tariff wars, innovations in the energy sector, and emerging tech advancements, including Waymo’s AI technology. Gain perspective on global economic negotiations and their significance on individual stocks. This episode offers valuable knowledge for those keen to navigate dynamic investing waters, equipping listeners with tactical market insights for both growth and defense opportunities.
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 Tuesday. It is Tuesday, June the 3rd, and it is the live edition of the Best Docs Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. I’m here with Barry Kite. Our chartered financial analyst, and we have got, you know, a little bit of green, a little bit of a mixed market here today. We’re kind of trying to get some trade deals done. That would be nice. The NASDAQ is up 84 today, which puts that NASDAQ at 19,326. The Dow is down 43 to 42,262. The S&P is up six points. That’s a tenth of a percent. And gold, which had just a sensational day yesterday. The gold stocks just broke out yesterday with a vengeance. They’re cooling off a little bit today. The 10-year was down. It’s down a little bit here. The 10-year is at 4.41. Gold is down a little bit, about a half a percent here this morning. And Bitcoin is up $13.85 to $105,437.85. So welcome to today’s Best Stocks Now show. with professional money manager Bill Gunderson, president of Gunderson Capital Management. I’m broadcasting live from the Bay Area here today, the outskirts of the Bay Area today. Barry is back. You’re 3,000 miles away, Barry. That’s good. I like that. Get you as far away as possible and me as far away as possible, and we get along. Spread thin, right? No, we get along just fine, and I did spend a little time on the water yesterday. I said, look, if you want to catch fish, you’ve got to get up early. We were on the water by 6 a.m., 6.15 a.m., in an unknown spot on the San Joaquin River that I discovered. uh… and uh… we’ve got a nice a very nice a striped bass I saw one come out of the water I’m guessing thirty or forty pounds he was feeding I found a spot where they were feeding and uh… my uh… my son’s uh… or my Douglas’s grandson caught about a seven pound eight pound striped bass nice fight he the thrill on his face was worth the whole trip out here that kid was so he’s a good kid he’s a he’s been in the he’s in the reserves in the uh in the uh i think the marines yeah he’s a marine uh he uh does security around here really sharp kid and that’s the biggest fish he ever caught and i said well you just got to go with bill gunderson and i will lead you to the fish you know it’s really the same concept there’s a lot of parallels between fishing which i’ve grown up doing since i was a little boy and the stock market you know those fish are not spread all over hell’s half acre they’re concentrated in little areas where the bait is and stocks are concentrated in little areas where the economy is thriving where the economy is booming where earnings are growing And those fish, I mean, they are chasing bait. No bait, no fish. That’s just a truism. And there’s certain areas that create circumstances that make it very good. I found a little tributary that was feeding into the river. The tide was going out, and that’s carrying all of that bait, and it’s coming out of that tributary into the main body of the river. And those fish are just waiting there. They’re in line for the buffet. They’re in line for that buffet at the Indian Casino. They’re waiting, and they’re feeding voraciously. And you’ve got to throw your bait into that little swirling area of water where that bait is hanging out. And that is the key for success. And, of course, it’s the right time of year here. In the Sacramento Delta area, the Striped Bass Fishing, I think, is quite good. We’re the only boat on the water. Having the water all to yourself. And you have to break the boat in, right? Yeah, we broke a ranger tug. And my friend Douglas, who helped me invent the app, he now has confidence. You know, I taught him how to use all of his electronics and everything, and he drove, and now he can back out and park that boat in that slip, and everything’s good. So it’s really a good trip. And I had a good time on Sunday. I figured this is a non-traffic day. Let’s go into Santa Clara. I want to see that new stadium. I’ve spent a lot of time in the Bay Area. I used to service the Bay Area from San Diego from Torrey Pines Securities, which I worked for as an analyst, part-time analyst. Mostly I was a money manager, and I used to visit a lot of these companies up here, and mutual funds and financials. And I’ve got to say this. This bit about San Francisco being a war zone downtown, no, no. That’s been way overblown. I saw it basically as I saw it. 20 years ago and i’m not i’m not exaggerating i mean yes market street’s kind of bad and a couple others but i went to scomas for a dinner uh and walked around a little bit downtown at the at the fisherman’s wharf area you know and that santa clara area that is just booming there uh you know the great american uh uh you know they have a big uh what is that six flags i guess And all of the companies, all these stocks we own, they’re everywhere. Arista Networks is right there. I’m just going down the street. For me, it’s like seeing baseball players. Look, there’s Harmon Killebrew over there. And then we got out to the Oakland A’s. The poor Oakland A’s are playing in the Sacramento area. minor league stadium, but I got Dougie a couple good tickets. We sat there and saw the Oakland A’s get clobbered by the Minnesota Twins. The Twins look pretty good, I would say, and the A’s look horrible, as usual. Just horrible, as usual.
SPEAKER 04 :
Waiting to get to Vegas, right?
SPEAKER 03 :
Yeah, I know the manager of the A’s a little bit, Mark Kotze. He kept his boat where we kept our boat down in downtown San Diego, and we used to see him from time to time. uh and the poor guy i mean he has no players with no pitching oh it’s just pathetic but still it’s like uh what did pete rose said the best day the second best day is something what is it losing a baseball game the best day is winning a baseball game your second best day is losing a baseball game that’s so much he loved baseball i still love baseball All right, let’s get to the markets here. You know what? There is so much news this morning. I woke up. I always wake up and say, I hope there’s going to be some news for the show today. You know, something to feed the striped bass listening to our show today. Plenty of bait to keep them around. Oh, man, I’ll tell you what. I don’t know if you scanned the news today. There is so much happening today. In AI, in nuclear, in cold, in China, in India. Geopolitical with Russia and Ukraine. Oh, my goodness. Okay, let’s begin here. You know, I was very impressed with the market yesterday. Very impressed with the market yesterday. There was a lot of activity in those momentum stocks. Even though the market was up just a little bit, we had a really good day yesterday in a lot of the… you know the leading growth stocks in the world today where where the bait is where their earnings are where the growth is where the economy is just absolutely thriving and man did we have a good day with our gold holdings yes i’m a big tech investor i’m a big growth investor but i’ve also learned that from time to time there’s some weird areas of the market sometimes i remember the steel stocks being strong cement stocks being strong This year is probably one of the best years for gold I’ve seen in a long time. It seems to be the ultimate hedge against Trump and the trade negotiations.
SPEAKER 04 :
It does. Correlation-wise, on those days, right? Now, correlations can get a little mixed up at other times, but on those days that we’ve had. You could kind of call it bad tariff news, right? Gold has just shot up.
SPEAKER 03 :
Absolutely. And, you know, we’re learning something because we’ve never had a tariff war like this. So mark this down, you young people, in your book. When you get it in your notes, your market notes, when there’s trade wars, buy gold. And also you’ve got Ukraine striking deep into Russian territory. And I did see that Russia put out a paper today on, look, here’s what it would take to settle this thing. So at least that’s a start. And, you know, the trade deals, we’re expecting India any day now, any day. That’s according to the Commerce Secretary, Howard Lutnick. He says we’re very close to something we can both work with. China, on the other hand, they had some really weak numbers today. And, you know, I read an opinion, analyst opinion, that China has the upper hand in this trade war. I don’t know about that. I don’t agree with that assessment. I think China has to make a deal with us. Those ships being unloaded.
SPEAKER 04 :
I mean, they can cut their nose off. They are in a position to essentially cut your nose off despite your face, right? I mean, there’s stuff that we get there that we can’t get anywhere else. But if they do that, they’re going to have people not working there.
SPEAKER 03 :
They get technology from us that they can’t get anywhere else, too. Right. There’s going to definitely be agreement. To think that this thing’s going to carry on forever, like COVID, you know, COVID will last forever. The trade war is not going to last forever. There will be deals. There is a big deal in the nuclear sector. Wow, when we come back. And welcome back here to the second quarter of today’s Best Docs Now show. And our first story comes from the Baltimore area. Meta makes a big deal with Constellation Energy, okay? Microsoft made a deal with them for, I think, I don’t know, they bought… They bought a lot of energy in the future, securing it right. And then the U.S. government came in and bought a bunch for Washington, D.C., and now you’ve got Meta coming in and securing a bunch. I didn’t see the terms of the deal, but Constellation CEG is up 4% today, $12.48. And I’m reading here in the Silicon Valley area that they are kind of out of juice for their data centers. They need more energy here. This is not an easy state to turn the spigot on and get more energy either, you know. I see, you know, where we were fishing, obviously there’s giant windmills around and there’s massive, massive solar farms like I’ve never seen before here. But as far as nuclear and gas-fired coal plants or coal-fired coal plants, those are your choices. They’re hurting. And you’ve got these big tech stocks like Meta and Microsoft. They’re the other one that made a big deal with Constellation Energy. And that stock is having a very nice day. I also got a comment on the Waymo. You know what? I saw them all over. downtown San Francisco, going up the steep hills, negotiating crosswalks. It’s kind of weird to see machines running around with nobody in them at times, right? And everything’s spinning on it like a little propeller on top, and it’s kind of eerie just a little bit. But I would say I’d get in one, no problem. And I saw a lot of people getting out. I talked to a guy and his son. I said, how was it? He says, the only thing I can say is we never got over 20 miles per hour. It’s pretty slow. But, you know, I don’t see any issues. If they can navigate San Francisco, Barry, which is one of the hardest cities in the world to navigate and drive with the one-way streets. If you’ve got a clutch. You know, forget it, on those steep hills and everything.
SPEAKER 04 :
Yeah, sitting down on Lombard Street, right?
SPEAKER 03 :
And maybe the cable cars were a very good forerunner to help with the technology of Waymo, which is owned by Alphabet. And I think now my issue is how much money worth of how much technology is in that Waymo car versus a taxi versus Uber. There’s a lot of money in that thing. But we’ll see. You know, I mean, the Elon Musk with Tesla, he wants to bring out his cheap version of of the RoboTaxi, and we’ll see where it goes. But I definitely feel a whole lot better about it after seeing the Waymos running around all over. downtown san francisco you just hail one boots on the ground it pulls up where you are exactly where you get in nobody to talk to nobody to you know say how the giants doing blah blah blah by the way the giants lost to the padres last night in san francisco one to nothing in the 10th inning So anyways, we’ve got Waymo going just fine. And now, you know, the other, Phoenix is a big center for it and also Austin, Texas. So it’s definitely coming. And then this big, big deal. I’m trying to find the, well, you know what? I mean, they’re talking stuff I can’t understand. Megawatts and how much they bought for how many years. And the size of the power. Right. But it is a big deal. It’s the first deal of its kind in the U.S. with an operating nuclear power plant. Microsoft struck a deal last year involving the Three Mile Island plant in Pennsylvania, which is a 20-year purchase. So anyways, and the nuclear stocks are doing pretty well here today. We also have, as I said, the U.S.-India trade deal not too distant, says U.S., Commerce Secretary Howard Lutnick. U.S. pushes countries for their best trade offers by Wednesday. Almost like an auction. I want to see where we’re at. Give us your best trade offers. That’s progress. They’re moving forward. The EU’s not happy about the steel tariffs. What did he do? He raised them to 50% on European steel coming into the U.S., and they’re not happy, and they’re going to retaliate. But I think they’re working towards something that both sides can work with, can live with. China’s manufacturing activity unexpectedly contracted in May amid weak output. I will say the Chinese stocks are not looking very good right now. They need something better than a 30% tariff to survive. I’d hate to be a business right now that buys inventory, that does trade with China. You don’t know whether to buy a bunch of stuff from them at this current tariff rate. I would be hesitant to do it. It’s not really sustainable. We’re not in a sustainable position. And, Barry, that cloud of uncertainty… is continuing to hurt the market. Now, I will tell you an area that’s really performing well this year, and that’s European defense stocks. And I talked about this ETF. I saw Rheinmetall started a new big venture with South Africa. All these countries now realize that, you know, maybe the United States is not going to come to our aid as much as they did in the past. We’re going to have to kind of put up our own defense. And that means a lot of money being spent. I think the UK allocated a few more billion dollars today for a nuclear deterrent. They ordered new submarines. And so one of my, Tuttle, who did the SARC, which is anti-Cathy Wood, he’s got this European Defense, which those stocks are hard to buy. It’s hard to buy Rheinmetall. But that’s the number one ETF in the market today is European Defense. And I think there’s still room to move there. Now, you may not be able to buy your conscience offhand. I can’t think of it. But it’s definitely one of the top ETFs out there. And I’m even thinking of getting a little bit of exposure to it because I don’t think it’s over. I think there’s still going to be a lot of defense spending. It’s not like Putin is going to get any less aggressive than he is today, and they’ve got to kind of pony up and strengthen their own defenses. And this business about the private equity slowdown, Toma Bravo raised $34 billion defying the private equity slowdown. There is a slowdown. There’s no question about it. But there’s still deals to be made. Elon Musk, his XAI, okay, he’s thinking of combining his AI company, which is Grok and XAI, with X itself, which is both privately traded. but he’s getting $5 billion in debt financing, double-digit interest rate.
SPEAKER 04 :
I heard it was double-digit, yeah.
SPEAKER 03 :
Would you invest in Elon Musk for double digits? I’d do that before I’d do Kohl’s department stores for sure. Certainly, yes. All right, there’s a lot of individual stocks to talk about when we come back, and many of them located right here within driving distance of where I’m at. 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 Docs Now show. You know, we forget that Elon Musk…
SPEAKER 03 :
Look at all the irons in the fire that he has, okay? Yes, he may have lost some popularity with what he did, trying to make government more efficient. Neuralink raises $650 million through Series E funding. This is Neuralink. This is like the least of his companies that he has, right, where they do the implant in the brain and try to give people that are paralyzed or can’t move hope and be able to do it through Neuralinks. The boring company, don’t forget. Yeah, I haven’t heard much about that lately, though. The one that does the holes, yeah. Yes, the tunnels and he thinks going under the ground in L.A. underneath the 405 and on top of the 405, ease that congestion is the way to go. But I see one of the big investors in Neuralink. Now think about this. It’s Kathy Woods. How far out in the future, how much risk is there in putting money into Neuralink as an investor? Yes, I hope it works out, but would I invest in it? You talk about a moonshot. But Kathy Woods, if you’re buying into her ETF, she’s doing stuff like that. She’s really putting investors’ money at a heck of a lot of risk there by investing in stuff like that. That’s just my opinion. Good luck with it, you know. But the guy has so many irons in the fire. It’s not even, it’s just ridiculous. And I will say this. There’s a few Teslas in California. There’s a few more Teslas in California than there are in South Carolina. Okay, now I’ve been, I was in California for 60 years. I’m a veteran. This is my home state. And I still have a lot of pride in California. And the Tesla is by far, the most dominant car that you see here. But there’s still plenty of… Combustion engines on the road, but you get down in Santa Clara and into the Silicon Valley, and even in the outskirts, Tesla is king around here. I don’t know if sales are holding up, but we’ll see. Crowd strike.
SPEAKER 04 :
At least holding on to them, right?
SPEAKER 03 :
Yes. Crowd strike in focus as Wedbush has greater confidence from recent checks ahead of earnings, and I would just say this about that. We’ve said that in the semiconductor sector, as far as investing goes, for me, NVIDIA is really the best and really the only one that I have any exposure to right now because they’re so far ahead of everybody else, number one. Palantir by far is the best. That was my top pick for 2025. You can go back and look at my interview at the NASDAQ, and it’s certainly done well. I would say my number two pick in the software sector, and we back that up with an investment, and it is CrowdStrike. CrowdStrike’s going to report earnings. Let me look at the date on when they report earnings. Some of these stocks are funny. 6-3. Oh, that’s today. Today, yeah.
SPEAKER 04 :
I think it’s after the close, yeah.
SPEAKER 03 :
And I think the last time they reported, they had like an issue and it sold off. And it went from 450 down to 300.
SPEAKER 04 :
Well, those software stocks can be finicky in the earnings, right?
SPEAKER 03 :
Yes.
SPEAKER 04 :
In terms of how the market reacts to it. You can blow out earnings and still…
SPEAKER 03 :
But I would say it’s best of class, in my opinion. I would rank Palo Alto Networks and Zscaler and a lot of these other ones down the line a little. I think that CrowdStrike is still the best of class there, and it’s hitting a new all-time high today. Not a bad idea at $119 billion that somebody had. Now, CrowdStrike, they’re in Austin, Texas. And, of course, a lot of companies, it’s definitely true, a lot of the tech companies have moved their headquarters. Austin is definitely becoming the second biggest hot spot, I would say. And then maybe back east, you know, Massachusetts is a pretty big hot spot for tech. But who would have ever thought Austin, Texas, you know, I think of brisket and I think of steers. You’ve got some good brisket. Yeah. They got a good beef rib. Yes, and now it’s becoming the tech center of America, one of them, doing just quite well. But Wedbush is saying they think they have greater confidence from recent checks ahead of earnings. By the way, I don’t know if you noticed, I was watching the Indianapolis 500. Wedbush actually had a car. co-sponsors there were a few real sponsors wedbush had a car in the indy 500 okay raytheon yes i know it’s the bay area and we don’t talk about weapons and stuff like that and become you masters of war by bob dylan and whatnot but it’s look it’s defense it’s not offense it’s defense And Raytheon is getting some big, big, big contracts. I would say it’s best of class in the aerospace defense industry. By the way, Boeing’s been breaking out, too, to new 52-week highs. Boeing seems to be cooking on all cylinders these days. But Raytheon gets a $1.1 billion U.S. Navy contract modification contract. Here’s another stock for data center that I’ve been showing up on my radar, or should I say LIDAR, Eaton Company. Eaton and Siemens Energy, S-I-E-G-Y, team up to accelerate delivery of new data center capacity. uh… that’s a good combination there they’re looking for faster data center construction and deployment and siemens energy out of germany definitely a player there s i e g y uh… and of course eaton etn has been showing up in some of my screens here recently eaton is also a dividend payer they’re kind of uh… eaton is one of those companies that moved to ireland Remember the mass migration?
SPEAKER 04 :
The old reverse merger, right?
SPEAKER 03 :
Now, they didn’t go for the beer and the golf, right?
SPEAKER 04 :
What did they go there for, Barry?
SPEAKER 03 :
Taxes, yes.
SPEAKER 04 :
They went there for taxes. And then remember Jazz Pharmaceutical was another one that did that little move. Didn’t they call it a reverse merger or something like that?
SPEAKER 03 :
Yeah, something strange. But Ireland opened the doors to a lot of companies with very favorable tax treatment, and a lot of them took the bait and went. I would say another one here that has caught my eye, I think it’s kind of a favorite of the Reddit crowd. It’s one of these little, I mean, you know how GameStop took a storm and then another one come along, AMC Entertainment, and they came up with the ApeCoin and all kinds of weird stuff. I think this Hims and Hers is in that category. Of course, Hims and Hers has now got a deal with Lilly to provide ZepBound. I think that’s a pretty good little stock, that Hims and Hers, because I think even though it’s expensive, it’s like 60 times forward earnings right now, it does have triple-digit growth. And it does seem to have kind of the Reddit crowd behind it pushing it. And it has a user base.
SPEAKER 04 :
I mean, you had all these people who already were getting, say, the compounded version and hims and hers and so on, other things before that. And now they can potentially do it legally within Reddit. with the partner, right? And so they have the customer list, right, really is where the value is and the way that folks, I guess, order that stuff to their door.
SPEAKER 03 :
It’s another one, too, that is headquartered out here in the Bay Area. It’s headquartered in San Francisco. Market cap $13 billion. Online health care. it’s a big deal. You know, we made a lot of money in Teladoc. We sold it at 210, and now Teladoc’s a single-digit stock, so it has sold off. It’s still highly competitive. You have to kind of have a niche. And I think that hims and hers has got a few. And it’s a pretty good little stock right now. Hims and hers is going, you know, here’s the news on it. They’re going to acquire a European digital health platform, Zava, in a global expansion drive. So they are going to expand outside of the U.S. with their telehealth and start the whole thing up in Europe. So that becomes quite a good growth prospect. The strategic moves expected to expand the company’s presence in the U.K., Germany, France, etc., So we’ll keep our eye on that. That would fit in like the emerging growth portfolio. This is not Merck. It’s not a big biotech. This is down the line a ways in that emerging growth portfolio, but they’re profitable. And all of a sudden, they’ve got triple-digit earnings growth. So we’ll keep our eye on HIMSS, and it may show up. We have owned it in the past. But I like that European move they’re making. We’ll be right back.
SPEAKER 06 :
I’m in a golden cage on a winter’s day. You’ve got to go where you want to go. Do what you want to do and enjoy.
SPEAKER 03 :
And welcome back here to the final segment of the Best Docs Now show. Well, two weeks from today, I will be on the other side of the country. That’s one of the beauties of this business, getting to travel around a little bit. We’ll be in Lakewood Ranch, Florida, which is about as far away from… The Bay Area, as you can possibly get, we will be there on Tuesday and Wednesday, June 17th and 18th at the Evan Hotel. I’ve stayed there before. Kind of a funky place, but it’s kind of funky in a good way. I will teach a workshop at the Evan Hotel on Tuesday night from 7 to 8.30 p.m. And you know what? I expect a good crowd. Who knows? Maybe no one will show up. Maybe I’ve worn out my wallet. I don’t think I have. I think we’re still fine in Lakewood Ranch. We’ll be there. And if you want to – and it’s a rare opportunity here for me in a teaching environment and try to tell a little bit about some of what I’ve learned in almost 30 years in the industry. But I mostly talk about what’s hot now. That’s what everybody wants, and that’s what I want too. But we’ll also be available for private one-hour meetings Tuesday and Wednesday between the hours of 7 a.m. to 7 p.m. Look at that. We lay ourselves on the line. Open that schedule up. Yep. The whole Gunderson team will be there. If you want to book a seat to the workshop or a personal appointment with us, give Edie a call at 855-611-BEST, 855-611-BEST. And as far as the Bay Area goes, probably about two months out. I’ve got to now pick a date. I definitely know where I’m going to do it. We’ll be in the Santa Clara area at one of those big hotels. I saw a Marriott. I saw a Hilton. I saw a Hyatt Regency. Any one of them will do. Barry’s trying to get the Motel 6. I said, nah, you know what? I don’t think so. We’ll do it at a nice place for… But that’s a beautiful area. That is just booming. That is gorgeous. We have listeners that worked at the Intel plant. The stadium stands there now, right? The San Francisco 49ers stadium is where the Intel plant. Was Intel kicked out of the Dow? Doesn’t NVIDIA stand in the Dow where Intel once stood?
SPEAKER 04 :
I think they listened to you on that one.
SPEAKER 03 :
Yes, and between now and the Bay Area, we’ve got to hit Bloomfield Hills, Michigan. Then we’ve got to work in Minnesota. I saw your Minnesota Twins last night. Little Joe Ryan on the mound. He’s a pretty good little pitcher, not bad. Funny guy. He swings his arms and this and that. Every pitcher has got his own little deal. So anyways, Lakewood Ranch is next. Two weeks from today, we will be down there for two days. And we’re going to visit some people that we visited last time. And Edie is busy making the list and checking it twice on our appointments there that we’re going to meet with. And that Tuesday night, 7 to 8, 30 p.m., I’ll be teaching. We always have a lot of fun at the workshops. We have a little drawing for different prizes and stuff. It’s just a lot of fun to interact with real people. Instead of talking into headphones, staring at a wall on the radio, you know, like we normally do. And the whole team will be there. Okay, now, a few other stocks in the news today. We’ve talked about most of the big stories. I think the biggest story, if you missed it, was the deal that Meta did with Constellation Energy, CEG.
SPEAKER 04 :
And there’s this interesting… We hold that in our value fund. And it’s an interest, and we own Meta as well.
SPEAKER 03 :
Yes, one of our biggest positions is Meta. But this issue with data center and needing juice to run them, it’s a real deal.
SPEAKER 04 :
Well, it’s the first deal with a working, I was reading, it’s the first deal of its kind with a working power plant. It’s similar to the Microsoft deal in terms of them firing up Three Mile Island again, but Yes, which isn’t working. Of course, that’s one that’s not working, right? Right. And they were talking. What I wanted to see is I saw how much this particular power plant generates on an annual basis, and I wanted to look and see how much power they were buying, right? It’s like they’re essentially buying half of the power for 20 years that it generates.
SPEAKER 03 :
Forget the people around there. tough meta needs it zuckerberg you got to pay a check to zuckerberg he’s going to sell the energy i think that i think there’s going to be a time when there’s going to be a crunch and a scramble as to who gets the energy do we really want to use our energy running data centers or do we want to use it in our factories in our homes to stay warm and all this and that i i think there’s a I think there’s a problem coming ahead, and it needs to be addressed now. And it’s already showing up here in the Bay Area, in the Silicon Valley, which I want to mention one other one here that is just booming today. We’ve owned this in the past. It’s right down there where I was, Zscaler, ZS. Zscaler is breaking out to a new all-time high today. Think of all of the $40 and $50 and $100 billion companies with these brand new buildings in Santa Clara. What a booming area. I mean, California is pretty blessed. You go an hour inland and you have the richest farmland anywhere. You know, they’re growing some of the best rice in the world right here in the Sacramento area, which it’s all rice fields now, which wasn’t that way when I was growing up. It was grapes and it was peaches and plums and all kinds of melons and whatnot. Almonds, obviously. But rice is a big, big… Very big crop now in California. And, of course, that’s what made, at one time, the richest state in the country was South Carolina in the early days because of the Carolina gold rice.
SPEAKER 04 :
Yeah, that Carolina gold rice. I mean, you try to buy a bag of that around here, it’s pretty pricey.
SPEAKER 03 :
Yeah. It’s not your everyday rice. I think people eating sushi has driven up. They grow quality sushi-grade rice here. in California. Pretty cool to see. But Zscaler, we’ll go from Rice to ZS. That thing is popping today. They have a new AI suite to prevent attacks and safeguard sensitive data. uh i wish i would have held on to my zs a little longer uh but it is having a huge huge day wow there’s the music already okay well i’m gonna say the top thing to do today on your action list if you’re in the lakewood ranch area is call ed at 855-611-BEST to reserve a seat to the workshop or just book an appointment with us while we’re there 855-611-BEST to get the newsletter, the trades, everything. Go to GundersenCapital.com and get a free four-week trial. 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 SIPC and FINRA.
