Join Bill Gunderson as he navigates through the market’s complexities on a crucial Fed decision day. With Jeff Webster by his side, they delve into the all-time highs achieved by the NASDAQ and the potential repercussions of high P.E. ratios on investment strategies. Discover why the U.S. market remains a powerhouse in global trade, and how tariffs are reshaping international relations.
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 05 :
And welcome to the Wednesday. It is Fed Decision Day. Lots of pressure on Powell, but I don’t think that’ll change his mind. This is Bill Gunderson. This is the Best Docs Now show. And I’m here with Jeff Webster today, our VP of just about everything. We’ll get to him in a bit. Right now we’ve got the NASDAQ hitting a new all-time high. This is getting to be like a broken record. But as I say this, keep in mind the valuation continues to get higher and higher and higher. Those P.E. ratios are pretty rich right in here. NASDAQ up 48 right now to 21,146. The Dow is pretty much flat on the day, down 8 points. 44,625 on the Dow. That’s not a new all-time high, but it’s very close to one. And the S&P is up 6. That’s just below its all-time high at just under 6,400. The S&P is at 6,377. It’s up 10 basis points as those earnings reports continue to flow in, keeping me busy in the mornings. I’ll tell you what, man, it’s like I don’t even have time to breathe in the mornings with all of these earnings reports coming in. We’re in a very heavy week of earnings reports this week. Oil continues to rise. We’re going to talk about that in a bit. It’s pushing up against $70 per barrel right now because of the issues with Putin and Russia. Bitcoin is pretty steady right now. Gold is steady and interest rates are up after a big nine point drop yesterday. So welcome to today’s Best Stocks Now show on this Wednesday, July the 30th. We’re almost into August, the dog days of August. This is the Best Docs Now show, and this is Bill Gunderson, president of Gunderson Capital Management. Barry Kite has the day off, and I’m here with Jeff Webster, our VP of everything. Some people say, what’s he the VP of? Everything. You know what? We wear a lot of hats here at Gunderson Capital Management. Jeff can definitely attest to that.
SPEAKER 03 :
Good to be with everyone today, Bill. Good to be with you, Bill. Barry is taking a much-needed day off to kind of close out summer with his kids, I think, up at an amusement park. So I’m wishing him a good time today.
SPEAKER 05 :
Well, the NASDAQ can be a sort of an amusement park on days. I mean, there’s definitely roller coaster rides that are scarier than anything I ever rode on at Dollywood. So, you know, that Palantir ride, there’s a lot of dips and turns in that thing, but it’s been mostly up recently. You know, we’ve been fortunate there. We’ve got so many earnings reports, it’s just ridiculous. But most of them are soggy. Most of them aren’t even worth mentioning. But there are also some very important reports that have come in here today. Okay, well, let’s pick up where we left off yesterday. You know, the market’s kind of quiet. It’s a waiting pal. Not so much what he’s going to do today with the current interest rates, but his plans for the future. What about September, Jerome? Are you listening to the rest of the world? Are you looking at the inflation reports that have been very tame here in the U.S.? I think that the interest rates are still way too high for homebuyers. Real estate sector is still suffering, and I think we need to start bringing interest rates down a little bit, as they’ve been doing in Europe. So the market’s in a wait-and-see mode kind of here yesterday, and we have a new wrinkle. We have two new wrinkles in the market. There’s always wrinkles that need to be ironed out, just like my traveling suit, Jeff. We’ve got the China trade deal is kind of in limbo again. 90-day hold, right? Yeah, they’re working on some issues. I heard Besant give an update last night. But, you know, I mean, at least we are where we are. There’s no big threats anywhere. The threats he’s making, let’s see. Oh, he was threatening India today with 20 to 25 if they don’t come around. He says, we’re friends. They’ll come around. Well, okay, we’ll see. We’ll see if they come around or not. And the other new wrinkle is the situation in Russia. And, you know, I just took a glance yesterday at the Moscow Times. Yes, I mean, it’s part of my research, the Tehran Times, the Moscow Times, the China Daily, just to see what they’re saying in other countries. And, boy, I tell you what, there’s a lot of negative articles in the Moscow Times about what is going on in Russia right now. I’m surprised. I’m surprised that the CEO of the Moscow Times hasn’t fallen out of a window by accident recently to his death. But number one, they had an 8.8 earthquake last night or yesterday morning in Kamchatka, which is luckily not heavily populated. But can you imagine if an 8.8 hit San Francisco or Los Angeles? That’s like the 14th largest earthquake of all time on the Richter scale. Of course, we haven’t had the Richter scale back in the 1200s and 1100s, but at least in recorded history, that’s a big one. set off some tsunamis, nothing that really did any damage, however. So, you know, he’s got a struggling economy over there also because of all the money he’s spending and all the manpower he’s spending on his war with Ukraine. They had a big crop failure in the fifth largest province in Russia, or state of Russia, lost a lot of their wheat. And there’s a lot of anti-Putin sentiment right now out there on Russia. So anyways, that’s something. But how does it affect your pocketbook and your portfolio today, oil? Oil was up $4 per barrel yesterday. It’s pushing 69. It’s pushing 70 right now as Trump threatens to hit, really tighten down on, clamp down on Russia with some heavy sanctions measures. And, of course, Russia, that’s their ATM machine is their oil. It’s an oil-producing nation, and 80% of their economy is pretty much tied to oil. So we’ll keep our eye on Russia. and all that’s going on over there. And, of course, today at 2.30, I believe it is, we get that report from the Fed that they’re leaving interest rates alone. That’s what I would assume is going to happen. And I think whoever is the dissenting vote, uh jeff is positioning him or herself for replacing pal when his time is up because i do not see trump uh renewing pal’s contract i think he’ll be a free agent at the end of the at the end of his term right yeah he’ll be fine he’ll be fine bill do you think that the market uh today you know we we see you know relatively flat numbers across the three major markets do you believe that uh
SPEAKER 03 :
they’re taking into consideration there will be no change, or do you think, you know, when the announcement officially comes out early this afternoon that we’ll see a spike one way or the other?
SPEAKER 05 :
Well, I think he’s going to signal a cut, a rate cut in September. And I think that would be music to the market’s ears because it’s been a long, long time in between rate cuts, even though we have seen no signs of inflation. We have seen a few companies. Stanley Black & Decker stands out. As a company, the tariffs hurt them. But you know what? I cut and pasted Stanley Black & Decker’s track record over the last decade. It’s been dismal. And that was without a tariff threat. So maybe they’re just blaming a lot of their issues on the tariffs. But they claim $800 million will be the impact on them. And I saw another company today. I think it was Hershey. whining a little bit about their positioning in the world cocoa markets. Mexico and Canada are in a better position than we’re in right now because of the tariff situation. But I think the good news on the economy is proving a couple of things. Number one, I was listening, I pretty much go to Brett Baer for just the news. I think that’s pretty unbiased, just the news. Basically the only news left in the world today that isn’t like totally biased one way or another. And towards the end, he had a panel on and they were saying, one guy came forward and said, you know, much to the chagrin of the Trump haters, Trump’s tariff policy is working. And I said that back in March 8th after I listened to Scott Besson. I said, you know, I think at the end of the day, even though it’s quite disruptive, I think it’s working. And his point was that they want access to the American markets, Jeff. We’re the biggest consuming nation in the world, and every company is licking their chops. to sell into that u.s market maybe you can add a little bit of color on that when we come back having your background in sales and the software industry how important are the u.s markets to the rest of the world we’ll be right back so And welcome back here to the second quarter of today’s Best Stocks Now show. How important are the U.S. markets, Jeff, to Latin America, Mexico, Canada, Europe, India, Japan, etc.? How important are our markets?
SPEAKER 03 :
I mean, if you look at some of the largest companies out there, Bill, I would speculate, and again, looking at research, that you know, at least 40% of their revenues are tied to the U.S. economy. And that’s by far the largest. You know, there’s some instances, some of the chip manufacturers, for example, ARM, which is based in the U.K., they report this afternoon that about 45% of their revenue is tied to the U.S. economy. Absolutely. Then you take a look at a Canadian company or a Latin American company, it’s significantly higher because that’s where their market is. That’s their sweet spot.
SPEAKER 05 :
Yeah, nobody consumes like we do. I mean, nobody does it better. I mean, their own people out of Latin America can’t even come close to the exports to the U.S. And, you know, look. That’s why I said that I think it’s all going to work in the end because Trump knows that we have something very, very valuable that’s worth a lot of money. I mean, would I cut my fees a little bit to get into the GM employee pension plan or whatever or the California teachers union portfolio? Well, of course I would. Those are huge markets. and they’re very very valuable and it’s a very competitive to get into those markets and you know we’ve always sold ourselves short i think on just how valuable our markets are, and Trump saw the value there in our markets. And, of course, the tariffs that he’s charging them to be in our markets, he believes is still a good value for them. And he also wants, in exchange, he wants, you know, he wants… access to their to their markets uh… you know europe’s a good market big market for us canada is a big trading partner japan europe obviously and those tariffs will go a long long ways towards income coming into the uh… the u.s. coffers so when i heard the whole plan it all fit together for me and it was outlined by scott besant who’s a non-government guy that’s also important to me I’m not a fan of lifelong bureaucrats telling me how to manage money because they don’t know how. They’ve never been in the real world for the most part. I like people in government that come from the real world, and that’s just me because I grew up in the real world from the time I got out of high school until today. I’ve been in the real world and real business with employees and having to make payroll and all this kind of stuff. So anyways… They’re very important, and he knows he has that leverage over them. So, and they admitted last night, I mean, a few of the panel members, they said, you know what? I mean, this whole tariff thing is working out for Trump, and it shows up, the ADP jobs report today. plus $75,000, which is a rebound from the last month. So the jobs market has not been hurt by any of this tariff stuff. But here’s where it really shows up for me, Jeff. Did you see the GDP numbers? Q2 GDP for the U.S. rises 3%. That is really good, and that’s what he’s targeting. There’s a lot of talk about the big beautiful bill, the big ugly bill, whatever you want to call it. But in that, the CBO, the budget office, does not really price in any kind of growth. They’re assuming non-growth. or very slow growth, and the economic advisors to Trump are targeting 3% growth. How do you attain 3% growth? Well, one thing is decreasing your deficit, your trade budget, your trade deficit. And it did come down yesterday for the first time in a long, long time. It came in $10 billion less than expected, that deficit, last month. That helps your GDP. And the first quarter of this year, Barry and I said it, that it was front-loaded. Everybody was buying from China and Japan and Latin America and Europe before the tariffs hit. And that hits your GDP. A big trade deficit hits your GDP and makes it look worse than it is. And now he’s narrowing that. And on top of that, look, okay, let’s compare. Europe reported their GDP today 0.1%. Okay, so they’re like the Procter & Gamble of the world or the Kraft Heinz of the world with very slow growth. And I would just say this. We’ve said it many, many times. Europe over-regulates. Yes, you have to regulate things. But at the same time, if you’re too heavy-handed, like California, you have the CEO of In-N-Out Burger leaving California and then leaving the headquarters and moving to Tennessee. And you’ve seen a lot of companies leave the Silicon Valley and go towards Texas. So that’s the nature of the beast. You highly regulate things. You make an unfriendly business environment, and businesses leave, or they tend not to do business with you. And, yes, maybe the Eurozone’s not growing as fast as we are on a population basis, but we’ve slowed down probably to Europe’s level, Jeff. But we get 3%.
SPEAKER 03 :
There’s a tagline on that. He says the U.S. innovates, some countries replicate, and Europe regulates.
SPEAKER 05 :
There’s not a day that goes by that Europe’s not sniffing around Meta or Microsoft or Apple for some fine or violation here or there. I mean, they must just have a whole department, huge department, maybe a whole building at the Apple complex just to fight all of these different lawsuits against them. Germany’s GDP comes in at 0.4, and they’re the cream of the crop as Europe goes as far as industrial production. France comes in at 0.3. We come in at 10 times that, at 3%. Hey you know I think that’s more evidence at least for now that what he’s doing is working. Okay let’s see what we’ve got going on. There were so many earnings here today. This morning, I was crammed right up until, in fact, I logged in at 10.04. The producer was afraid I wasn’t going to show up for the show today. That’s how long it took me to pour over those earnings reports. The one I want you to comment on is Palo Alto acquiring CyberArk. Did you ever have anything to do with either one of those companies?
SPEAKER 03 :
Yeah, a little bit. Certainly large companies that supported some of my enterprise customers. Palo Alto, of course, providing broad-based security. You know, Bill, when you’re a large tech company like that and you want to – we can cover it when we get back – about how they typically look at, you know, build versus buy or partner.
SPEAKER 05 :
Yeah, okay. Well, we go out on a Coldplay song. I hope my picture’s not up on the screen, Jeff. Well, they made a big deal out of that, didn’t they? 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 04 :
Because there’s something in the air.
SPEAKER 05 :
And welcome back here to the second half of the Best Stocks Now show. Well, since we started the show, the market’s picked up a little bit of steam. The Dow is now up 79. The NASDAQ’s up 81. We’re having a really good day. There was a couple of big winners in the market there for us today that we’ll get to in a bit. Then the S&P is picking up right now. It’s up 15 points. promise, not promise, but suggest something strongly might happen in September. One last question on the CyberArk PNANW. You think there’s going to be more and more consolidation in the cybersecurity space? There’s a lot of players there.
SPEAKER 03 :
There are. There are. I think, you know, so if you look at Palo Alto, Bill, they provide broad cybersecurity in the area of cloud security, endpoint security, which means you know, the end users protecting their devices, you know, AI threat protection. CyberArk, you know, they provide identity security. So, Bill, you and I, we use that every single day when we log into our systems to support our clients and, you know, the various systems that we utilize, two-factor authentication and Zero trust, meaning, you know, we have to prove that we are who we are to be able to get into our systems. And so a company like Palo Alto says, hey, you know, we can build that, we can partner, or we can go out and buy someone. So they’re smart people. You know, finance people, you know, probably crunched the numbers and said, you know, our best approach is to go out and buy someone. And so that’s why we’re seeing the acquisition. I mean, right now, though, the markets are not digging. I mean, Palo Alto is down six and a half percent. Fiber Arc is down a bit as well. They’re saying, look, we’re going to give you $45 a share, plus we’re going to give you 2.2 shares of Palo Alto Network stock. I was doing the math. They say it was a 26% premium. The math I was working on this morning, and this was before the markets opened, was showing something like a 10% premium. So I’m not exactly certain what they’re coming up with.
SPEAKER 05 :
Well, you know, I’ll tell you what happened, though. Somebody leaked it yesterday, and CyberArk went way up yesterday. So you’d have to actually take, before the rumor, their price. So I do think it probably does end up being about a 25. From where it was before all the news, somebody leaked that thing, and that stock shot up yesterday, if you look at the chart on cyber. Okay, Wyoming, listen to this stat. The new data center being proposed for Wyoming will use more electricity than all the homes in Wyoming. I just have to ask myself, is this our best allocation, our best use of our precious energy is running these data centers and AI? I have my doubts there that we’re not being wise stewards over our energy here, and that’s just mind-boggling. The data center, Crusoe, will have a 1.8 gigawatt campus near Wyoming’s capital of Cheyenne and will be designed to scale up to 10 gigawatts. Okay, one gigawatt can power up to a million homes. Wyoming has an estimated population of 587,000 as of last year, but it does produce 12 times more energy than it consumes. It does show how we are right now allocating our precious, and that’s kind of like water, you know. I always thought California is going to run dry when I saw them building all of those golf courses in Palm Springs and Las Vegas, and they’re all feeding off of that Colorado River. Which, you know, used to be, I can remember the day it flowed clear down to the Sea of Cortez. We used to fish the lower Colorado River. There was a lot of different ponds and lakes and whatnot that was very good bass fishing. And now it dries up way north. I mean, just south of Yuma, it dries up. Yuma, Arizona. Luckily, they had a big year of wet in California. But allocating your resources is critical. In the world and in the nation and in the state and in a city. And I’m just a little bit bothered by this trend of these AI centers gobbling up and needing all of this power. We’ve seen blackouts in certain cities. Before all of this is hit. So anyways, okay, we got to get to the soggy stocks. Let’s get a couple of soggy ones out of the way. We’ve mentioned Kraft Foods before. I can’t tell you how many portfolios have come to us at Gundersen Capital Management, and yes, there it is, Kraft Foods right smack dab in the middle of that portfolio, along with all the other usual suspects of AT&T, Verizon, Procter & Gamble, and on down the line. Johnson & Johnson. Johnson & Johnson. That’s it. That’s Wall Street’s recipe. That’s the recipe they use. Well, an investment in Kraft Heinz over the last 10 years has lost you 5.7% per year. That’s, I guess, what we haven’t seen John Kerry lately. His portfolio is getting hit hard. Him and Teresa Heinz. Minus 6% per year over the last 10 years. What are they going to do to turn that around and make it all of a sudden a consistent 7%, 8% grower? There’s nothing they can do. I mean… But somebody has to buy these stocks. Okay, so let Wall Street buy these stocks. Kraft Heinz reports, and the stock is up a whopping 18 cents today, headquartered in Pittsburgh, Pennsylvania, the pride of Pittsburgh, one of the prides of Pittsburgh. But just a horrible stock. It’s a soggy, soggy. It doesn’t get much soggier than Kraft Heinz. Okay, let’s see.
SPEAKER 03 :
But, Bill, they provide such a juicy dividend.
SPEAKER 05 :
I thought you were going to say burger. It wouldn’t be a burger without Heinz ketchup on it, right?
SPEAKER 03 :
Those high-yield dividends just don’t pan out typically, do they?
SPEAKER 05 :
Well, I mean, that return includes the dividend. So if I’m a listener at home and I’ve got an account with one of the big Wall Street firms, I’m going to look inside my statement that I got back at the first week of August, I guess, July, and say, let’s see if I own Kraft Heinz. Oh, yeah. Oh, and there’s the other ones Gunderson always talks about. They’re all in there. And they’re soggy. Kraft Heinz pays a 5.6.5% dividend. If you take that away, the stock’s lost 11% per year. So at least you’re saved a little bit. It’s improved it. Now let’s go to a good stock. This is the good, the bad, and the ugly, as Glenn Eastwood would say. Let’s go to Vertiv, a stock you know a little bit about. I love Vertiv. We own Vertiv in our… Ultra Growth Portfolio and Vertiv, which is headquartered in Westerville, Ohio. How did that become? It’s outside of Columbus. It’s outside of Columbus. I’d never heard of a tech stock in Ohio before. But Vertiv manufactures and services infrastructure for data centers. Okay. Is there a sweeter spot in the market right now? Yeah.
SPEAKER 03 :
So think about what they make, Bill. They make AC… power systems, so backup systems. They put together bus bars and switches. They put together thermal management, which is a grown-up way of saying air and liquid cooling systems for those AI. Rack systems, they provide a variety of lifecycle support services, including installation, maintenance, engineering, consulting. And if you drive by the Vertiv, you know, as we – As we run up to Columbia, South Carolina, I drive right by Avertive Warehouse.
SPEAKER 01 :
Really?
SPEAKER 03 :
It looks like a typical industrial, boring warehouse. But what they do is unbelievable, and they’ve smashed their earnings results. They have very good outlooks. Their primary markets are your data centers, your telecommunication networks, and your commercial industrial facilities that, again, President Trump is doing such a good job of helping build those things back up.
SPEAKER 05 :
Big emphasis on that right now.
SPEAKER 03 :
Yeah, so the picks and shovels of data centers, you know, not the fancy AI chips and stuff like that, but the guts that those fancy AI chips have to run on. need a company like Vertiv providing their capabilities.
SPEAKER 05 :
Well, and as you drive by that boring, nondescript building on the way to Columbia, South Carolina, our capital on the, what is that, Highway 26, headed east or headed west, that stock is up 85% over the last 12 months. Maybe Kraft should get into the data center business. The momentum grade is A+. Over the last three years, it’s delivered 135% per year. Over the last five years, 60% per year. You know, I wrote a story about a stock like this one time, and the guy commented, yeah, but I wish they paid a dividend. No, I’m glad they don’t pay a dividend. Look at the growth from capital appreciation. We’ll be right back.
SPEAKER 04 :
You gotta go where you wanna go, do what you wanna do, do whatever you wanna do. You gotta go where you wanna go.
SPEAKER 05 :
And welcome back to the final segment of today’s Best Stocks Now show. Obviously, a little optimism has crept into the markets since they opened here. It’s gotten a little bit stronger. We’re up about three-quarters of a percent overall, which is a pretty good day here. We’ve got – I’m just taking a quick look here. Obviously, Vertiv is a nice winner for us today. Let me just get that sorted there. And, yeah, we’ve got Astera is up 10.2%. That’s a big one. Marvell Labs, which I’ve always said that’s the fourth best semiconductor chip out there, it’s up 8.9% right now. Vertiv has tailed off a little bit. Vertiv is only up 4% right now. Okay, I want to take a quick look at another soggy stock. They just love this stock on CNBC. They just absolutely love Starbucks stock. You know, but to be honest, it’s pretty darn soggy. I can’t remember. I might have owned Starbucks stock 12, 15 years ago, something like that, but not lately. because it’s kind of like in the same status of a McDonald’s or a Pepsi, where the whole world is saturated. Where are you going to get the growth from? The performance of Starbucks over the last 10 years, 7% per year. That’s not very caffeinated. That’s like caffeine-free, that return there. The market’s 20%, so there’s a lot of negative alpha built up there in Starbucks. I think Howard got out at a good time. The five-year performance is 6.7%, while the market’s 20%. Over the last 12 months, it’s done okay. They’re trying to put in place a turnaround. The last 12 months, it’s up 28% and 16%. But overall, it gets a performance grade of C-, not very good. I want to go back to Vertiv just for a minute. When I list that phenomenal track record that the stock has had over the last one, three, five years, it doesn’t have a 10-year record yet. That’s no guarantee, obviously, of future performance. But, you know, at least it shows what it has done that it’s been scorching up the track. But don’t forget, I mean, I don’t just look backwards. I also look forwards. And that’s where that valuation, that all-important valuation, I don’t know where else you can get a five-year valuation on. Any stock that I can do a five-year valuation on in my app, out of the 5,300 stocks in there, I don’t know, maybe 4,000 of them have five-year valuations. Some, you can’t do a valuation on an ETF, obviously. You can’t do a valuation on a biotech that’s losing money that might have a product someday, obviously, etc., etc. But as I looked at Vertiv’s track record in the past, the next five years, this is as of yesterday. So just keep this in mind. Those of you who use my app or just want to sum up a stock, very, very quickly, this separates for me the wheat from the chaff very, very quickly. Number one, the track record is the, well, sometimes the chart’s the first thing I see, or news is the first thing I see. Then I go to the track record. That turns the baseball card over, and I can see the last 10 years of batting average, home runs, RBIs, stolen bases, et cetera, ERA, win-loss, strikeouts, all those important things. And then once I see a really powerful track record, whoa, look at this vertive, then I go to the evaluation. So whatever it is that attracts my attention to the stock in the first place, to the track record, which I made it as clean and easy as possible to see that very easily. You can judge any CEO, the company, their business plan, their model, their place in the industry by that track record because it doesn’t lie. It is what it is. You can’t hide from a track record. And the next five years is the analyst consensus estimates and a reasonable growth rate that I think is appropriate. Sometimes I just use the consensus growth rate. And then I determine the multiple to be used. That’s a little bit more of an art than it is a science. But there is a lot of science and mathematics involved also. As of yesterday, Vertiv had 91% upside potential. Okay, I like 80 or better. So it still fit my criteria yesterday. And they came in with this big report. And I had it as a strong buy yesterday. And overall, it’s ranked 85 out of 5,113. Okay, we did Starbucks. Not too good. I mean, that’s not one that I would have on my radar.
SPEAKER 03 :
That’s the one that the CEO is, they brought him on and he lives down in Orange County, California and takes the corporate jet up to Seattle. I don’t know if he goes up every day, but it was like $10 million of his annual compensation was tied to use of the corporate jet to get back and forth.
SPEAKER 05 :
Yeah, I’m still waiting for my corporate jet from HQ. I fly Delta. Okay, Mondelez. It’s a fancy name, but it was a spinoff, I believe, of Kraft. And they labeled it. Maybe someone else owns it now, but it’s a stinker. It’s a big-time stinker, Mondelez.
SPEAKER 03 :
What are you thinking about this afternoon, Bill, after the market closed? We have Meta, Microsoft, Robinhood.
SPEAKER 05 :
Yeah, now we’re getting into some serious business. Yeah.
SPEAKER 03 :
Arm holdings, you know, some of them we like. Some of them, you know, drive. The market relative to key holdings that we have. But what are you thinking we’re going to see this afternoon?
SPEAKER 05 :
Well, I mean, those companies have a propensity to beat. It’s just how much. And I can’t see any of them warning of tariffs. Which is another, you know, other, Apple has a tariff issue. They report tomorrow. But, you know, Meta and those, Microsoft, they don’t have tariff issues. That’s a good thing. It’s getting harder and harder to find large cap stocks that meet my criteria because so many of them are soggy. I have lowered my market cap requirements for the premier growth portfolio somewhat. But still, it’s getting harder and harder to find these premier growth large cap stocks anymore because they’re so heavily concentrated in tech. Well, that’s going to do it for us for today. To get four-week trial to the all-you-can-eat menu at Gundersen Capital, go to GundersenCapital.com to set up an appointment with us in person in Bloomfield Hills next week or over the telephone or Zoom. 855-611-BEST. Have a great day, everybody.
SPEAKER 01 :
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.
