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 03 :
And welcome to the Tuesday, Wednesday. It’s Wednesday, November the 5th edition of 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 you just can’t keep a good market down, Barry. I mean, you’ve got a nice rebound going on here so far after yesterday’s sell-off. The NASDAQ all of a sudden is lighting up the boards. It’s up 146 points to 23,498. And as I looked at the market yesterday, I didn’t see anything that really gave me a lot of grief yesterday. And I’m not surprised to see this come back today. The Dow is up 149 to 47,234. The S&P is now up 29. That’s 40 basis points. Small caps up 16. That’s 70 basis points to the upside for the small cap Russell 2000 index. The 10-year, still a little spooky from that pre-Halloween announcement by the Fed about, eh, you know what, December, we think we’ll be the Grinch this December and not give you a rate cut. 4.12 on the 10-year. Because of that, it was at 3.99 before that. But the Fed really did a number on the bond market and the stock market here over the last several days. Gold is up today, five-eighths of a percent. And the battleground right now occurring in crypto, Bitcoin is down 1,700 today, but it’s back above 100,000. So welcome to today’s Best Stocks Now show. with professional money manager Bill Gunderson, president of Gunderson Capital Management, a nationwide fee-based only registered investment advisory firm and financial planning firm. And, you know, a lot of folks complained a little bit, Barry, that they didn’t hear from me much yesterday during the market action. And I would put it this way, no news is good news. In other words, I didn’t really see anything that gave me that much grief yesterday. I put out my target price, my five-year target price again on the S&P 500 on Friday. I updated all of my technical analysis analysis on Friday. So, you know, Tuesday comes around. We got a big sell-off. I think that Michael Burry news shook the AI markets a little bit. You also had Goldman Sachs and Morgan Stanley saying that we’re setting ourselves up and due for a correction. Well, how did they know?
SPEAKER 04 :
Yeah, what surprised me on the Michael Burry news was the – The size of the position, you know, based on the size of the hedge fund itself.
SPEAKER 03 :
His entire hedge fund is short.
SPEAKER 04 :
NVIDIA.
SPEAKER 03 :
And Palantir. The two best stocks in the market today. I don’t think that’s a very good bet myself. You know, sometimes people get lucky one time.
SPEAKER 04 :
Or it’s just that, right? Or it is just a bet versus an actual investment. I mean, you know, in terms of it moving the market yesterday, right, that would be, you know, interpreting it and making it market news.
SPEAKER 03 :
Well, on the same day, he did that. Loop Capital came out with the big target price on NVIDIA that I agree with. I just don’t agree on the timing. Loop Capital has given it like one year to go up double again almost. It was some ridiculous number. I think over the next five years, I can see NVIDIA doubling again and putting it at $10 trillion, believe it or not. That’s what the numbers suggest that are out there on the street right now, the public information. I’m using a growth rate of 18% over the next five years and a fairly reasonable multiple. I think that’s not a very good, you know, I would rather short something that’s really weak and scary and falling out of favor and going the wrong direction. I just don’t see that within video or Palantir. And I like Palantir CEO’s comments. He says, you know, that just fires us up. That puts fire in our belly when we see somebody do that. to wipe them out, which Elon Musk has wiped out the short sellers many times along the way. So anyways, I think that had a lot to do with the market. I don’t know that it’s related to the cryptocurrency sell-off. I think that’s a separate thing. I think crypto is probably one of those tributaries of the overall market that’s a little bit scary in my book.
SPEAKER 04 :
Well, it had its biggest short, but we knew that in terms of short positions in Bitcoin, we mentioned early last week that… That from a short position standpoint, I think it was one of the highest in history of Bitcoin that you’ve had folks taking hedge positions.
SPEAKER 03 :
They were big whales taking hedge positions. And big outflows, too, though, along with that. So that is still a battleground there. It gave up $100,000 yesterday for a little while, which put it into bear territory for a little short time. And then it reclaimed $100,000. It’s at $102,000 the last time I looked. Generally speaking, a big round number like $100,000 will provide support to whether it’s a stock, an index, whatever. But, you know, the jury is still out on that, and it is – You know, solidifying a little bit here today, but it’s still shaky as all get out from my point of view. So kind of a rough day, but it wasn’t like a panic. Oh my gosh, sell everything and run for the exits. We didn’t sell anything yesterday that I can remember. I did on Monday. I sold one that broke down below its support level and became a little bit worrisome. And there was a new twist that came into that story also that I didn’t really like. But there were still some good stock charts yesterday. Apple did just fine. Costco had a nice rally. Lilly continues to rally. Even a Chinese stock, Baidu, which is probably their best hope for RoboTaxi, it had a good day yesterday. And then, of course, some of the inverse ETFs did well yesterday. Biti, B-I-T-I, is inverse Bitcoin. PSQ had its first good day in a long time. It’s inversed the NASDAQ. SARC had a good day yesterday. It’s inversed Cathie Woods. And ETHD, which is short inverse Ether, had a good day yesterday. And a lot of stocks did just fine. Oh, there were some scary ones, and there were some dramatic drops here and there. uh… like palantir for instance but boy i would not say that the run in palantir is over nor would i say that uh… invidia has topped out at this level either okay all right let’s begin with the world and then we’ll move to new york city Russia said to be open to supplying Venezuela with hypersonic missiles. You know, you’ve almost got like a Cuban missile crisis here. Venezuela is very strategically located. If you look at a map of South America and all the coastline that Venezuela has and all the natural barriers that they have for those drug lords to hide out, And whatnot. And I’m sure Russia is also, you know, he’s threatening. Putin is threatening Trump. Trump says he’s going to start doing nuclear tests again. And Russia responds by saying, well, we’ll just supply Venezuela with hypersonic missiles. Well, that was tried. Khrushchev tried to ship nuclear warheads to Cuba. That didn’t go so well, ended up in the Bay of Pigs. So are we going to have another Bay of Pigs in the Caribbean here? Interesting story developing there. China suspends most of its U.S. tariffs after the Trump-Xi meeting. But NVIDIA and AMD, their market share in China goes down to zero. They’re still good stocks. They don’t need China to survive. And soybeans still face a 13% duty while Brazilian soybeans are being favored. But China has agreed to buy a lot of our soybeans from U.S. farmers. Now, here’s my big question. It seems like New York is losing its dominance. The two biggest financial centers in the world are New York City and London. And both of those cities now have radical mayors running those cities. What kind of impact will this have? You’ve seen a lot of big financial firms move their operations to Florida. Griffin, Citadel’s big hedge fund. Texas Stock Exchange now. Texas Stock Exchange. You’ve seen Bank of America. Charlotte, North Carolina, is becoming a big financial center, which is just down the coast, not too far from New York, in a little friendlier business environment. You’ve seen Bank of America move their headquarters there. Some big RIAs, nationwide RIAs, are now headquartered in Charlotte, North Carolina. Mondami wins the New York City mayoral race. What does it mean for Wall Street? That’s a good question. You know what? I’m not that enamored with Wall Street to begin with. I think they’ve completely lost their way, and as long as they continue to rip off the public and buy soggy stocks in those portfolios, good luck, fellas. We’ll be right back.
SPEAKER 07 :
And welcome back here to the second quarter of today’s Best Stocks Now show.
SPEAKER 03 :
Well, it will be interesting to watch from afar. Barry, as another communist-like socialism experiment is underway, this time in New York City, Mondami focused on affordability, inequality, a rent freeze, affordable housing, $30 minimum wage by 2030. The creation of subsidized city-owned grocery stores, free city bus service, and universal child care. And how’s he going to fund it all? Well, he’s going to raise the taxes on the high-income individuals, which are going to continue to leave New York City, in my opinion. So we’ll watch it. Hey, good luck to them. I have never seen it work before. Maybe this guy’s got the magic dust to make it work.
SPEAKER 04 :
Connecticut’s seen an influx of folks. I know that much.
SPEAKER 03 :
Yes, Greenwich, Connecticut, a big influx of people.
SPEAKER 04 :
And already a big finance hub. The only difference is now, right? I mean, like you said, taking potential influence away from… Right. Right. Well, financial centers. But you’re just driving people away. I mean, there’s a reason why things are expensive in New York. Partly is because of, you know, because of legislature, you know, legislative legislators over the years. The other part that makes it expensive is. It’s a place where people, you know, over the years, desirable people. Make a lot of money.
SPEAKER 03 :
There’s a lot of money. There’s not a lot of land. No, you can’t make it anywhere, as Frank Sinatra used to say. But anyway, I mean, the businesses down there. The office REITs that own all those office buildings and everything, it’s just not what it used to be when I used to visit Wall Street in the early 2000s.
SPEAKER 04 :
Well, businesses there need, in my opinion, they need a tailwind, not a headwind. They already had. I mean, they’ve already been through the headwind of COVID there. I mean, if you’ve looked through some of the buildings, I mean, from what I’ve noticed, the places you stay in New York, if you look at the building across from you,
SPEAKER 03 :
chances are that floor is going to be empty yeah it’s dark so well anyways we’ll continue to watch to this battle in bitcoin which is interesting to watch i’m not personally a big bitcoin fan myself uh it seems to me almost like you know you got a lot of young people not working because they’re owning bitcoin and watching a trade on their iphone instead of uh being a plumber or an electrician or a nuclear physicist, whatever the case may be. But, you know, we’ll see. It’s really starting to test people’s nerves right now. Novo Nordisk accepts U.S. Medicare price deal for obesity drugs. You know, for some reason, Lilly has really taken over from Novo Nordisk. And even though the drugs are very similar. Yeah. I heard right from the start from people that I trust in the medical drug industry, pharmaceutical industry, tell me that ZepBound is far superior to Wegovy. And Novo Nordisk is hitting a new 52-week low here almost here today. Their earnings and sales were very tepid. Their sales were only up 11%. Their sales are down 23% when Lilly reported a blockbuster quarter. So I don’t know what this market share is. The charts tell me and the results tell me that Lilly has really gained a lot of market share. And they’re willing to give up. They’re willing to lower the price. And you know what they’re going to get in exchange, which I think is quite attractive, is Medicare coverage.
SPEAKER 04 :
Right. Well, in both of them. I mean, we’ve seen what deals announced recently within the last week of… of one with a deal with Costco, I believe, another deal with Walmart, right, yesterday. Lilly got Walmart. You know, and then I’ve also read, you know, last week, read some stories in terms of Lilly stockpiling the pill. You know, they’re just waiting. You know, they just keep printing them off the press, right, just waiting for the approval. That’s another game changer in my book. And they both have great indications. I mean, you look at Novo Nordisk. I mean, they indicate very well, I believe, for kidney disease, other uses besides strictly weight loss. And so they’re both miracle drugs. It’ll be interesting to see how each of them play out, kind of probably a race to the bottom, right, in terms of price. But the key is certainly Lilly seems to have the fast track advantage on the pill.
SPEAKER 03 :
Right now, and Novo Nordisk is losing. I mean, the chart of Lilly has really strengthened recently. It’s one of our biggest holdings, obviously. We don’t own Novo Nordisk, and it’s got a very, very weak stock chart. Okay, would you buy this bond? Wayfair prices $700 million in senior notes, 6.75% in a private offering. I was going to say, you lost me at Wayfair.
SPEAKER 04 :
Yeah, they’ve never had a profit. Well, and the key is they’ve got just like… I mean, when we look at bonds, Bill, as you know, if we wouldn’t own the stock, we’re likely not going to own the bond. That’s right. Right now, I don’t think the stock is something we necessarily want to own. And also, I mean, they’ve got a lot of tariff overhang still. I mean, there’s a lot of reasons, not to mention no earnings, right?
SPEAKER 03 :
Well, and, you know, when they price the bond, that gives you a good indication of how much risk the stock has. True. So six and three quarters, well, I can go out and get private debt at nine and a half, ten percent. Just think how much more risk there is in that private debt offering.
SPEAKER 04 :
It’s hard to find five percent right now. It’s very hard to find five percent. In a three to five, in a corporate, you know, in an investment grade corporate owned, you know, corporate debt right now in the three to five year window, five percent is hard. I mean, it’s hard to come by. It’s hard to find. Yes.
SPEAKER 03 :
and uh… so if you’re paying what six and you said six and three quarters yes where how long uh… that’s five seven years five somewhere in there okay amd i would say that’s the uh… the biggest earnings report that we had last night we’ve got some others we’re gonna talk about mcdonald’s and we’re going to talk about uh… arista networks which reported and a few others but i thought amd’s report the market didn’t like it at first i thought it was solid Their sales were up 36% year over year, and their earnings were up 30% year over year. Not bad for a half a trillion dollar market cap, large cap company. In my book, it’s still one of the best large caps in the market today. And in the semiconductor industry and sector, For me, it’s the second best chip stock out there. I would give Avago or Broadcom number three, and then maybe ASML or Marvell. Those are your big five, four in the chip industry in the semiconductor sector. Which begs the question, why would you own the semiconductor ETF when you can just buy the best ones in that semiconductor ETF? Which makes more sense to me.
SPEAKER 04 :
Or even just pull up the ETF and see what the top five holdings are and potentially buy those five.
SPEAKER 03 :
And how did they become the top five holdings, right? Right. By stock price appreciation. It’s not rocket science. So AMD is down 84 cents today, but it’s hitting $249 a share after being $9 just, what, seven years ago. It was $9, and now it’s $248. 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 06 :
Because there’s something in the air.
SPEAKER 03 :
And welcome back here to the second half of today’s Best Stocks Now show. Let’s just put AMD under the microscope, okay, for a bit. This is what a good stock looks like. Currently a strong buy in the Best Stocks Now app. Currently ranked number 50 out of 5,169. The performance of AMD, it’s all performance driven and valuation driven. That’s it. It’s very simple. It’s not rocket scientist. Performance looks at the past five years, 10 years, and the valuation looks at the next five years. And you marry those two together. You do a little bit of a formulations there. to quantify that, and you give it a grade. This is one of the best stocks in the entire market. Is it in your portfolio? I don’t know. Only you can answer that question. Over the last 10 years, believe it or not, Linda Su’s company, is that her name, Linda? I think so. She’s the cousin of Lisa Su, Jensen Wang. I don’t know if they talked to each other over Thanksgiving dinner. They both live in America. They might not be allowed to. No. They’ve got to have a top secret. 60% of years over the last 10 years is what she’s delivered as a CEO of a major semiconductor company, which at one time was a distant, I mean, way behind the pack as Intel dominated the PC market. I remember when AMD was a $1 stock, and as I mentioned, it wasn’t that long ago that it was a $9 stock. And here it comes storming back. You’ve got a 10-year performance record of 60% per year with no guarantees going forward, obviously. 22% is where the S is almost tripled the returns of the S&P 500. Over the last three years, 61% returns per year. S&P 27, so it’s more than doubled the returns. How’s it done so far this year? Well, it’s only up 107% so far this year, while the S&P is up 15.1%. So it’s pretty hard to argue with the last 1, 3, 5, 10 years. In fact, when I grade on the curve, the performance grade that she gets is A+. I’ve got to believe that Lisa Sue was at the head of her class most of the time as a student. Even in kindergarten, you know.
SPEAKER 04 :
And you’ve got to look, all of that performance is her. I mean, she took over AMD in October of 2014. And, I mean, you look at it, it’s like, you know, I was thinking of her as one of the best. top female CEOs ever, but when you start cranking out some of the numbers, she’s up there as some of the best. Maybe the best. Well, and up there with some of the best CEOs.
SPEAKER 03 :
Male CEOs. All CEOs ever, right? I think she’s the best female that I’ve ever seen. I can’t think of even a distant second, really, as far as the performance of this stock. Okay, that’s looking in the back rearview mirror, Gunderson. What about us folks that never got in on it? What do you see over the next five years? Well, for that, we go to the valuation. And I use the same formula for valuation on it as I would any other stock. We look at next year’s earnings estimates, which are over $6 per share. I’m using a pretty conservative growth assumption of 15% per year, and I’m applying what I think is an appropriate multiple to those earnings. I get 83% upside potential, which would take that stock to very close to a trillion dollars. My five-year target price is $460,000. 460 and is currently trading at what 250 somewhere in that area right now overall like i say it’s ranked number 50 out of 5300 stocks and in my book is still one of the best stocks in the entire market amd okay now you got to compare it with the soggy stock now If somebody transferred a portfolio to me from one of those big New York-based wire house firms, it’s going to have McDonald’s in it, Barry. You know, like if you looked at the odds market, what are the chances? I don’t know if Grok can answer that question. What are the chances of McDonald’s being in a portfolio designed by a big Wall Street firm? McDonald’s is in every portfolio that comes to me from a Wall Street firm. or even a large regional firm. Okay, how has it done? Let’s put it under the same microscope. It doesn’t have a woman CEO. It’s had a lot of CEOs over the years. I know it is a much more mature company. It’s been around a long time. It has saturated the world with lousy burgers. Sometimes good, most of the time not so good. That’s just my opinion of McDonald’s. It’s a port in a storm is the way I look at it.
SPEAKER 04 :
A couple of those CEOs went down eating the food. I mean, they had a couple of coronaries.
SPEAKER 03 :
You had a couple. It was very sudden. It was tragic. McNuggets are just, what’s in those things? But anyways, we’re just going to take a look. Forget about the McNuggets. Let’s just look at the performance of the stock. What kind of sauce do you like to dip the sauce or the nuggets in? Over the last 10 years, we just saw 60% per year. from AMD. And McDonald’s, their performance over the last 10 years has been 13% per year. That’s better than I thought. But it’s getting worse is the problem. The arteries are getting more and more clogged all the time. Over the last three years, McDonald’s has delivered 5.5% per year, while the S&P 500, 27%. So you can take single stock risk in McDonald’s and get a worse performance, 5.5% per year over the last three years. That’s just a little above a U.S. Treasury performance. which has very little risk, and the market’s delivered 27.4, that difference is also opportunity cost. What has it cost you to own that stock, taking up valuable space in your retirement portfolio, and what do you think it’s going to take to turn that thing around and bring back the glory days? So far this year, the stock is up 5% in an inflation-ridden industry where beef, ground beef is what, $5.50 a pound, $4.60, something like that. And, you know, the competition is fierce. And so I give it, it gets a performance grade of C. Now let’s look at the next five years. Maybe we’ve got a value play on our hands here. Maybe it’s dripping with five-year upside potential. I doubt it, but we’re going to give it a chance just like we would any other stock. I get 50% upside potential over the next five years. I require 80% or more. AMD had 83%, and I’m using a growth rate of 7% to get to that. I don’t think 7% is doable. I think I’ll probably be lowering that growth rate. Here’s where their quarter came in at. Their sales were up 3%. 3% year over year, and their earnings were up 0% year over year. Yet, what’s the institutional ownership of a stock like McDonald’s? Like 90% of the stock is being… Fried in French fried grease or something like that.
SPEAKER 04 :
I was deep in a Lisa Su, Jensen Wang rabbit hole over here.
SPEAKER 03 :
Maybe they got another cousin.
SPEAKER 04 :
You know, they didn’t meet. They didn’t actually meet until later in their career. So they both went on their separate ways.
SPEAKER 03 :
They’re cousins.
SPEAKER 04 :
Yeah, but they didn’t actually meet each other for a long period of time.
SPEAKER 03 :
Well, I’ve got one cousin in the world. I haven’t talked to him in about 20 years. One cousin. That’s all I got. My father was an only child, and my mother only had one brother. I ended up with two of them are deceased, and one is still living in the Los Angeles area.
SPEAKER 04 :
75%, Bill. Yeah.
SPEAKER 03 :
That’s what the institutional ownership is, 75%. You know, the arteries of Wall Street are clogged. To me, okay, all of this retirement money sitting in bond funds earning 2% a year and in stocks like McDonald’s and Procter & Gamble and Kimberly Clark and Verizon and AT&T and whatnot, I’m just telling you, I’m not exaggerating. I’ve seen the portfolios come to me. They all look about the same except for a few variations here and there. uh… and that’s uh… that’s about it they make mcdonald’s hamburgers at these big wall street wire house firms and uh… most of them have soggy buns they’ve been in a wrapper in a warming drawer for uh… for several years really I don’t know. They’ll be attacking my website again. That’s usually what they do when I make them mad back there. All right. Well, when we come back, we’ll see what else Wall Street is dripping with. It ain’t Big Mac sauce, I can tell you that. We’ll be right back.
SPEAKER 05 :
Do what you want to do.
SPEAKER 03 :
And welcome back to the final segment of the Best Stocks Now show. One of the other best stocks in the market today, one of the best ones that I’ve ever owned at Gundersen Capital Management. Now, I remember back in the late 90s and early 80s, 2000s when Cisco was king. I mean, Cisco, nobody competed with Cisco. Prior to Cisco, believe it or not, it was Novell. I would say as far as a networking stock, Cisco focused more on telecom, whereas Novell focused more on networking of PCs and whatnot. But Cisco’s better days are long gone, even though they’re still in the Dow and they’re still in most of the clogged artery portfolios out there. They were replaced as the king of networking a long time ago by Arista Networks, A-N-E-T, which is headquartered. It was just up the street from where we stayed in Santa Clara. Barry, I saw the big sign, Arista Networks, and I’m going to go through their numbers. And I can’t wait to get back to Santa Clara. I’m really looking forward to it. That was a blast. And I love that area, of course, being from Southern California and visiting that area a lot. I need to go on a tour.
SPEAKER 01 :
Yeah, next time, you’ve got to spend a week there. Yeah.
SPEAKER 03 :
Just going around. But anyways, let’s just throw Arista Networks under the microscope. And, you know, this is the beauty of the Best Docs Now app when you can look at this up. You can listen to a two-hour interview question and answer session with analysts. All you’re going to hear is fluff coming out of the CEO’s mouth for two hours and really some tough questions but not a lot of tough questions. When you can just, you know, in 60 seconds you can say, all right, pal. How have you done as the CEO of Arista Networks? Over the last 10 years, Arista has doubled the returns of the S&P 500, 44% versus 22%, with no guarantees going forward. Over the last five years, 58% versus 20% for the S&P. This is all looking in the rearview mirror. This is past performance. Over the last three years, it’s averaged 71%. And year-to-date, it’s up 39% as the king of networking, really, in the AI space, in the data center space. uh… cisco is trying to compete in that space uh… but cisco still is big in the telecom space which is you know your a t and t’s and your horizons of the world uh… when everybody’s now talking to one another via these data centers which seems to be the buzzword uh… here in twenty i can’t believe how many uh… earnings reports have come out and companies that all of a sudden are affiliated with data centers bitcoin miners for instance all the sudden we had cypher mining say we’re providing uh… energy now to data centers well they had to come up with unique energy solutions to produce their bitcoins so they’re using some of that expertise now to supply data centers but i feel like there’s all these fringe stocks wanting them to trade they want to trade at data center like multiples because they’re out there on the periphery of the data centers. But Arista’s right smack dab in the middle of it all. So you look, over the performance of the stock, looking backwards, it gets a performance grade of A plus, okay? 44% over the last 10 years. Now we look out over the next five years, which is where the valuation, and again, we just look at those earnings estimates. We extrapolate them out. Let’s see what kind of growth. I’m using 17%. That might be a little aggressive. I don’t know. I have to adjust it, but it’s pretty close. I don’t think it’s too far out there. And a reasonable multiple, and I get a $300 target price. on arista and you know a year ago i would have said i get a 200 250 and it it it just keeps the target price just keeps going higher and higher uh and the time period you know keeps extending out further and further as the earnings growth story is still intact Arista is down a little bit. It was down about 8% or so in the after hours. Some said their guidance was a little bit weak, but let’s just look at their quarter. The stock is now down 5.6%, which I have found, with no guarantees going forward, every pullback in the stock has been a buying opportunity along the way. Their quarter, their sales were up 27% year over year. McDonald’s was, what, 3%? And their earnings were up 25%. Yeah, 3 and 0 were the numbers. Yeah, 3 and 0 for McDonald’s. And Arista, obviously, there’s still plenty of growth out there in the industry that they serve, the sector that they serve. Their earnings growth over the last five years has been 43% per year, which totally correlates with the return of the stock. right about in that same category. So we do own Arista Networks. And once again, we consider it to be one of… That’s why we call the show Best Stocks Now. And the app is Best Stocks Now. And the newsletter is called Best Stocks Now. We’re just showcasing some of the best stocks in the market today.
SPEAKER 04 :
uh it could change tomorrow it could change tomorrow it’s a very very fast moving environment that we’re in but arista’s been sitting at the top there for quite a while yeah well i think the theme this week so far and it might be we’ll see how it keeps bleeding into the rest of the week for your newsletter is uh you know not not good enough no matter what the numbers come through this week so far palantir you mentioned was a great number i mean you know arista had some great numbers uh amd had some good
SPEAKER 03 :
Well, the valuations are the issue, really. One last one I’ll mention. We’ve got one minute left. Cameco and BEP have both reported today. Between them, they own 100% of Westinghouse, which is a big player in nuclear, to power all of this stuff. It’s got to be powered. When you turn those, they don’t ever take a break. They’re going 24-7 burning energy. And Cameco and Brookfield Partners, BEP, are both big players in that. And Cameco’s up a little bit here today, but those are two other stocks that we own in our stable here of what we consider to be best stocks in the market today. Okay, if you’d like to interview us, talk to us about your portfolio, if you see McDonald’s in your portfolio, throw the sack in the garbage and get something else and upgrade it, And if you’d like to, if you’re a do-it-yourselfer and you want to empower yourself to find these best stocks in the market, the app makes it totally simple, totally simple for anybody to look that up. Go to GundersenCapital.com, GundersenCapital.com and get a four-week trial. GundersenCapital.com. 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.
