In today’s episode, the Best Stocks Now show with Bill Gunderson delves into the latest market trends and external factors influencing trading activities. Broadcasting with his team, including Barry Kite, Bill offers expert insights into the intriguing rise of the Bitcoin market. Listen as Bill explores how cryptocurrency stabilization might just be the backbone of today’s market strength and the roles key players like Google and Microsoft play in global economic dynamics. With a dynamic dialogue covering everything from cooling issues at data centers to geopolitical considerations, this episode promises valuable perspectives for both seasoned investors and market watchers.
00:37:57 Ending Remarks and Cannabis Stocks Discussion
SPEAKER 02 :
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 Friday. We’re not broadcasting from the Hamptons or the Poconos today. We’re broadcasting from World Headquarters. of Gundersen Capital Management. This is Bill Gundersen, President of Gundersen Capital Management. It’s the Best Stocks Now show. I don’t expect a lot of trading, a lot of activity in the market today. In fact, the market closes at 1 p.m. But we are off to a green start. The Dow is up right now a little bit here. Let’s see how many points it is up right now. It is up 175 points today. to 47,602. The NASDAQ is up a quarter of a percent. It’s up 57 points. It looked like some of the AI chip stocks were doing best this morning. The NASDAQ’s at 23,270. The S&P 500 is up 20 basis points. I think the big news is that there seems to be some stabilization and confidence coming back into Bitcoin, the buying coming back into Bitcoin. And I do think it was spreading to the rest of the market. The fear, the fear factor, which definitely… It is contagious. Today we’ve got Bitcoin up, let’s see, 1,200 points. Let me see if it’s still holding. It is up $1,399 to $92,254. So it’s up about $10,000 off of its low here recently. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson. President of Gundersen Capital Management. I’m here with Barry Kite, our Chartered Financial Analyst, Certified Financial Planner, and a couple of the hardest working guys in the industry, in the business, here giving you live content on a Friday. Yeah, showing up with fried turkey breath and all the antacids and everything like that at work. But, You know, there’s actually quite a bit of news here today. Well, you’ve got two days’ worth of news, and there’s quite a bit happening around the world and in the markets today. A little more information coming out on those Google chips, which Broadcom is involved in, and I’m thinking maybe Applied Materials might be involved in that, because I saw Applied Materials breaking out last week. It’s not a stock that’s That has been breaking out for quite some time. So I’ve got to do a little further investigation. I’ve got to ask Rock what is going on there. But we do have a green start to the market here so far today. We finished up strong on Wednesday. And I’m going to credit Bitcoin. The stabilization, it finally stabilized at around $82,000. But that was a precipitous drop from $125,000. It went into a bear market of about 30%. And you never know how Bitcoin is going to handle a crisis like that. But apparently there’s still plenty of big buyers out there buying the dip. And, Barry, I think it’s at 92,000 today. We’re up 10,000 off of that low. I think that’s going to help put a bottom. There were a lot of free-fall stocks in the stock market here recently.
SPEAKER 07 :
Yeah, I mean, I own a very, very, very small amount of Bitcoin. I’ve kind of held it just for the kids over the years, but a very, very small amount. But I’ll promise you, I’ve never rooted for Bitcoin more than I have over the last week and a half where we’ve talked about we need this stabilization before you can have where we’re at. Given where valuations are, you’ve got to have that speculative mindset.
SPEAKER 03 :
um kind of fervor a little bit in the market to to help you know to help push it higher when you’re at these valuations yeah it’s been a pair rooting to see a bottom there you know yeah i think you know people seeing that big dip uh looking at etfs that were down considerably from where they were looking at a lot of the cryptocurrency stocks coinbase robin hood to some extent uh interactive brokers all kind of in on that cryptocurrency so it definitely impacts the rest of the market and with that rebound uh in bitcoin now we’ll see if if if the rebound if they’re going to sell the the gains in bitcoin that remains to be seen because we’re trading on very light volume right now It’s hard to really gauge where the market is really at because of the light volume. But I guarantee you on Monday and Tuesday of next week, everybody comes back with a vengeance. And the real market will stand up there at that time. Right now we’re just seeing kind of a very thinly traded market. It was very thinly traded. The big news this morning was the CME Group had to halt trading today. due to cooling issues at data centers cooling issues well it’s freezing cold across america today i don’t know where these data centers are at but it brings out the importance of the uh… air conditioning And the cooling, of course, that’s why you’ve seen stocks like A.O. Smith and Aon, A-A-O-N, which are, you know, air conditioning stocks, of all things. Not exactly high tech, but in AI, they’re a very important part. Cog in the wheel. So there was apparently some kind of cooling issue at Cyrus One data centers yesterday.
SPEAKER 07 :
And that’s one of the first times I know. I woke up this morning to an alert. It’s like CME Group down. Of course, we know CME Group, that’s when we’re rattling off percentages of what the Fed cut’s going to be or chances of a Fed cut or when we’re rattling off. They’re the ones that provide the futures amounts. And so I woke up this morning, and they were down, and I’m like, You know, I’m thinking a hack or this, right? And then, of course, comes out that it was a cooling issue. And I’m thinking in my head, I’m like, I don’t know if I’ve ever seen, right, that particular explanation. And then I’m thinking, okay, well, what happens? You know, we’re building all these data centers, for example, in Texas. What happens when we get some, you know, monster heat wave, right, across Texas? Because you know we are.
SPEAKER 03 :
Yeah. Cyrus One is headquartered in Dallas, Texas and operates 55 data centers globally. I always liked the guy in the cow suit that was on CNBC. You know, he was giving live updates from the Chicago Mercantile Exchange. Remember that guy? He’s still around, I think, that wore a big cow suit. You couldn’t miss him in a crowd, you know, if he got on the train or something. He looked like an Angus cow. Anyways, we had some decent stock movers on Wednesday. We had all of that Google news coming out with their chip and Broadcom breaking out along with that. And then you had the big news. I think that’s going to kind of, well, I think it’s a flashpoint here with the immigration. And in fact, it is. I predicted to my wife, I said, you know, I think the shooting of the two National Guard by the Afghani. I think that’s going to really cause a pause in the immigration. And Trump is going to halt immigration from all third world countries after the National Guard shooting. Well, you know, I mean, we have 200,000 people in America from Afghanistan. uh 90 000 from what i understand came in when we evacuated and and ran afghanistan right from afghanistan and there’s no way i mean i saw i saw clips of uh mayorkas saying oh we vetted every single one of them you know why did they lie that’s just a bunch of bs they were getting out as fast as they could nobody was being vetted We have 90,000 that came in during that period of time. One of them drove clear across the country from Washington State to Washington, D.C. That is weird to shoot a woman National Guardsman in the chest and in the head. Of course, she died yesterday. And the other one is in critical condition. So anyways, there’s a halt on all migration from all third world countries. So I’d have to look up what a list of third world countries are today, who’s on that list. But anyways, it’ll be interesting to see if this guy was linked with anybody else. He did work for the CIA in Afghanistan. Then he moved to the U.S. in 2021 under a Biden-area resettlement program for Afghanis who were at risk and who worked alongside U.S. forces in Afghanistan. But anyways, I think that’s a seminal moment here. I think it’s time to assess everybody that’s here, if that’s even possible at this point. The Atlanta Fed’s Q3 GDP estimate edges down, but it’s at 3.9%. That’s pretty hot. And, of course, that may not be good for a rate cut in December, which the market is now counting on. If it doesn’t get a rate cut, it’s going to throw one heck of a conniption. And, Barry, maybe you can look up what the date is of that Fed meeting in December because that’s going to be a big one. We’ll be right back. And welcome back here to the second quarter of today’s Best Docs Now show. HSBC has set a target of $7,500 for the S&P 500 by the end of next year. And, of course, we saw another one from Deutsche Bank. With $8,000, I’m much closer to HSBC’s target price, and I’m basing my 12-month target price on the earnings estimates for the next 12 months. Actually, we’re looking out to 2027 earnings, believe it or not. That’s the way the market works. You have to realize it’s already priced in earnings for the last four quarters. It’s already priced in earnings for the next four quarters, and it’s looking out now to 2027 earnings. which the market will trade on and should get to that target price by the end of next year. And at 7,500 for HSBC, I think I’m at 73, just over 7,300 right now. To get to their target price, you’d have to use a higher multiple than I’m using. But the earnings estimates, and that’s why I say we had this recent scare in the market. We had this sell-off in the market. In fact, you know, the tributaries of the market, the creeks, the streams, the hinterlands really got slammed. But I said there’s going to be another buying opportunity. And I base that on my macro outlook, which is the best indicator of all is earnings. those earnings estimates. That’s what the market is looking to. And it’s not just me. It’s HSBC. It’s Deutsche Bank. Now, the multiples that we use are all a little bit different, and the earnings that we use are all a little bit different. But the market definitely can support somewhere in the mid-7,000 next year based on what we know now.
SPEAKER 07 :
And you’re going to… Yeah, we got an 86. As you mentioned going into the break, we’ve got basically an 87% chance of a 25 basis point cut at the December 10th meeting. Obviously, whether we get the cut there or whether we look into 2026, I think it’s kind of set that we’re going to have some easing certainly in 2026. And so that’s another one of those important tailwinds for the market and valuations in general.
SPEAKER 03 :
Well, it helps the multiple. It helps keep that bloated multiple. Remember, the last five years, the average multiple was 20. AI came along really when ChatGPT came along. Well, I’d have to look up. Has that been two years now since ChatGPT came out?
SPEAKER 07 :
It should have been March of 2023. Okay, so that helped. Yeah, March of 2023, over two and a half years basically.
SPEAKER 03 :
That was a game changer, really, as far as the multiple of the market, because you saw all of a sudden growth monsters like Palantir and NVIDIA. Show up and AMD and then and the other Broadcom chip makers and ASML lithography ASM still plays a major role that stocks gotten kind of juicy once again But when the market sold off when was selling and reeling and I said, you know, it’s gonna go through this That multiple got up to 23 so you can kind of use that as a guide going forward That’s the five-year high And then with the sell-off, we got down to 21.5. And I said, well, now there’s a little bit of room there in that market. And sure enough, the buying came back with the stabilization. Two things happened. Bitcoin stabilized, number one. I think looking, I think the odds of that, and I don’t know what changed the odds on that December rate cut. The last thing I heard out of Powell’s mouth was it’s not written in stone. What’s changed since then?
SPEAKER 07 :
It’s been a round trip. It’s so funny. If you look a month ago today, it was 90% chance, right? 90% chance. Right now we’re at 87. But if you look at what’s happened in that last month, certainly from the time, as you mentioned, from the Fed meeting and his speech, the chances of a rate cut really plummeted to, I believe it was a little bit below 50% at one point for a period of time. And then what we had, not this past week, this past weekend, you had… you know, this kind of consensus starting to build where it’s like, you know, it’s going to be a split meeting and they’re naming, hey, we’ve got, you know, so many votes over here on the potential cut side, right? So many over here on the stay side. And, you know, it’s just, and that’s, you know, correlate that to what have we seen in the market, right, Bill?
SPEAKER 03 :
Yeah, well, the market is priced, it’s priced in a rate cut. And if it doesn’t get one, we’re going to have a sell off in December.
SPEAKER 07 :
And here’s the key, as you mentioned, it was, as we said, it was a valuation issue. And the one thing that affects what a palatable valuation is, is interest rates. If we look at what a quote unquote, the formula for an expected or palatable PE ratio, right? Interest rates are in the denominator on that. So the higher interest rates, the lower multiple that’s accepted. And so as interest rates go down, You’re willing, right? The market’s more willing to accept a higher multiple, and you’ve waited it out over the last two, two and a half months in terms of a valuation issue. That was the shock. That’s exactly what the shock was to the market, as you said. Your buddy Powell never does you many favors.
SPEAKER 03 :
No, he always disappoints. But, yeah, we got to a forward P.E. of 23, and the market shuddered. It shuddered and started shaking at that level. and shook a lot of people out of those crypto, rare earth, and now they’ve all stabilized. And the P.E. came down to 21.5 last Friday, so that gave us a little bit of wiggle room. And along with that, the bond market, the 10-year came down to 3.99. Wow. So 10 basis points, 15 basis points, I think. And so that’s all helped. But now we’re getting back to an overpriced market. You can never win. And in the meantime, you’ve got Putin over there. I see Germany’s going to buy. They’re going to really arm themselves. I think that they now realize that, you know, America is not going to come. It will come to their aid under the NATO policy. But they need to also be prepared. You can’t count on the U.S. to bail you out, and they’ve all increased their defense budgets. Boeing’s going to build 96 Apache helicopters for Poland. Poland obviously would be the next one to go if Putin were to expand his trying to put the USSR back together. And in the meantime, I saw that over the last few days, an Intel executive’s home was raided. He used to work for Taiwan Semiconductor. Okay, so that ought to say something.
SPEAKER 07 :
What was it? I mean, there’s been a lot of kind of undertones. I know, I mean, I know the U.S. made an investment in Intel, but, I mean, remember, it was, you know, Trump made some comments in terms of leadership and also, I mean, some potential scrutiny in terms of, you know,
SPEAKER 03 :
terms of being from an espionage perspective well the uh the ceo of uh intel the new one and he’s from i think he’s from he’s he’s from singapore he says oh we would never ever steal trade secrets we respect uh in it what is it something property intellectual intellectual property But anyways, there’s a little bit of a brouhaha here whether or not Intel got secrets from Taiwan Semiconductor. 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 GuntersonCapital.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 1 :
Call out the instigators because there’s something in them.
SPEAKER 03 :
And welcome back here to the second half of today’s Best Stocks Now show. Well, the market’s hanging on to their gains. It’s all in the green right now. We’ve only got an hour and a half left until, or two and a half hours, I guess, until the market closes at 1 p.m. for the weekend. The Dow is up 175. The Nasdaq is up 75. One other issue that has been popping up going back to Taiwan, you know, President Xi has pretty much made it known that it’s a foregone conclusion that Taiwan belongs to us. And, you know, I remember when Hong Kong was pretty much independent. It was very much independent and did their own thing. And then, nope, not anymore. Slowly they inched in to Hong Kong and took care of business. And the people that supported Hong Kong, they took care of them. And they have the same ambition on Taiwan. And you have to wonder. I always have to think about the risk out there. And when you’re talking Taiwan semiconductor… You know, if China went in there to Taiwan, and they’re arming themselves, too, to the teeth right now with U.S. encouragement, what would become? They make 80% of the semiconductors in the world. Yes, we have ambitions, and we’re building foundries in the U.S., and Taiwan has a factory in Phoenix. but nothing like what they have in Taiwan. It seems to me that would bring the whole world economy to its knees. We depend on these chips, Barry, now more than ever. Look what happens when an air conditioner goes out in Dallas. The CME goes down, right?
SPEAKER 07 :
I mean, you’re essentially talking, I guess, you know, probably not quite as much of a shutdown and say something like COVID. But I mean, you’re talking a, you know, in terms of a world economic event, it would be, you know, massive, which in my head, I’ve always kind of said, you know, from a really China, you know, China invading Taiwan, in my mind is more, you know, kind of, you know, cutting your nose off to spite your face.
SPEAKER 03 :
Yeah, in a way it is.
SPEAKER 07 :
Well, and they’ve worked so hard. I mean, you know, they’ve worked so hard to get back into the world economy, right? I mean, they’ve done it, you know, go back to the mid-90s, right? And they’ve made these efforts to get in, get in, get in, and they’re here. And it seems, especially when you look at, say, using Russia as an example and just have been mostly ostracized, right, by a large part of the world. You know, just doing it, I mean, the problem is, rationally, it makes sense not to do it. The problem is, in any governments that are run by a very small number of decision makers, right, the smaller number of decision makers you have, the less chance you have for a rational decision, right?
SPEAKER 03 :
Yeah, well…
SPEAKER 07 :
It makes it, like you say, she’s best interest to probably do it at some point.
SPEAKER 03 :
Well, he’s definitely going to cut off his nose at some point in time, just like Putin went in into Ukraine. So that’s just something you’ve got away in the back of your mind. I don’t know where these Google chips are being made. I need to look into that. I’ve got to believe it’s Taiwan Semiconductor. But I’m starting to see the trickle downstream from this Google announcement, which I think it places Google in a very strong position to go up against NVIDIA. But here’s some of the – I’ve been watching the stock Lumentum, L-I-T-E, which is a big beneficiary company. of this ramp-up by Google. They call them tensor processing units, TPUs. I’m sure we’ve got clients and we’ve got people in the Silicon Valley that listen to us that know all about tensor processing units. But when Meta came out and said they’re going to spend billions on the Alphabet, it was reported that Meta is in talks to spend billions. I haven’t seen any confirmation yet, but obviously the market thinks that is not anymore just being reported, that it’s an actual deal. But obviously Google’s a big beneficiary because they’re going to be making the chips with Broadcom. And I saw Broadcom stock breaking out. And lo and behold, you know, why? Because it’s tied. And I saw Lumentum stock breaking out a couple of weeks ago. And the other beneficiary they’re saying is Amazon’s Web Services, okay. Oh, and also Micron. Man, I’m telling you what, the memory chip supply, which ebbs and flows big time. It’s a very cyclical business. But right now, they’re at one of the strongest points in the cycle as far as not being able to meet the demand at all. And that’s driven memory prices in an average PC market. from seventy dollars in a new pc to about two hundred and ten dollars it’s tripled it so there’s a lot of ripples uh… that throughout the tech industry uh… when uh… something like this comes along and this is not the last thing to come along and that’s why as a uh… as a money manager i also have to be looking at opportunities uh… along with those risk and be the first to find those opportunities and act on them very, very quickly. Because by the time it gets to… To the big Wall Street firms, they’re paying a dividend by then, and the growth phase is gone, and they missed the whole thing. They’re pretty bureaucratic. They’re pretty sleepy. They’re very risk-averse, it seems like. They feel more comfortable owning Johnson & Johnson and Kimberly-Clark and AT&T and Verizon and Procter & Gamble. Instead of Broadcom. I mean, even down to Broadcom. I don’t see Broadcom show up in a lot of portfolios that come to us from Wall Street. Lamentum would never be in one of their portfolios. That’s just the way it is. I see there’s another crypto, just what we need. Just what we need, but it’s big enough that Grayscale is going to come up with an ETF for Zcash. Buy a little of that for your kids, Barry. They’re going to convert to the Zcash Trust ETF. Zcash is up 770% so far this year.
SPEAKER 1 :
770%.
SPEAKER 03 :
I don’t think you can buy it right now unless it’s in one of these. Some of these ETFs are a basket of cryptos. But if approved, Grayscale would have the first ETF dedicated slowly to the privacy-focused Zcash ETF. Cryptocurrency, which has seen its price skyrocket 770% this year. Now, you know what? I mean, Bitcoin is down 8% this year. Ether is down 13%. For this thing to be up 700% tells you that there might be something to it. Zcash. I’ll stick with gold. Gold could gain another 20% next year, says Goldman Sachs. I don’t know how you predict the price of gold. You’ve got to be a guy that brings a pick and shovel into work every day, and you’ve got one of those helmets with a flashlight on top of it so you know where the reserves are. But it comes down to supply and demand. Gold really has not a lot of industrial use, whereas silver… Silver has a lot of industrial use. Silver is in a lot of things. Silver is also more volatile because it’s a commodity that’s tied to booms and busts in the economy. But gold, the only real use that gold has is ever since the beginning of time, pretty much. I was listening to a guy explain how long gold has been used. It’s shiny. It’s precious. It’s got weight to it. It’s in limited quantity. It’s in limited supply. Women, men, jewelry, it has all kinds of cosmetic uses. You know, adorning palaces and even the White House to some extent. Trump seems to like gold. But 4,900 is what Goldman Sachs is saying. Now, okay, this is an interesting story. The steel stocks are really struggling because you’ve got players out there dumping steel on the world markets. But there’s one in Europe that’s pretty big, ArcelorMittal. And they’re going to do a bunch of layoffs, okay, because of weakness in the industry. And the Labor Party in France is trying to come in and nationalize the steel company so they can’t do the layoffs, so they can protect workers’ jobs. So that goes a little bit against what we believe here in the U.S. with the ebbs and flows with the demands of the market, whereas in Europe you have a little much more of a bent towards socialism. We’ll be right back. How about assuming someone’s mortgage, Barry, at the low rate that it’s at now? That idea is being floated. We’ll be right back.
SPEAKER 06 :
And welcome back here to the final segment of today’s Best Docs Now show. It doesn’t seem like the 50-year mortgage gained a lot of traction when that was thrown around.
SPEAKER 03 :
But, Barry, the idea of taking your mortgage with you to a new, that seems to me to be very viable. Or for somebody to be able to assume your mortgage. Now, I remember the day when some loans were assumable. And I don’t know when that ended, but this seems to me, you know, most people in today’s world are sitting there with, what, three, just around 3% mortgages, which that’s brought the whole industry to a halt pretty much. Why would you go buy a bigger home or another home? and have to pay in the mid-sixes for a mortgage, your payment is going to skyrocket. Obviously, you’d have to find somebody. They’d have to qualify for the loan. But what’s your thoughts, Mr. Fiduciary, Mr. CFA, on an assumable mortgage or a transportable mortgage?
SPEAKER 07 :
Well, on the surface, I mean, to me, on the surface, it sounds like great common sense, right? I think the problem is, right, is the financization, if you will, and monetization of packaging up these mortgages and selling it, right? I mean, as we know from 08-09, you know, a bank, you get a mortgage from a bank. Chances are that bank is sending that mortgage immediately over to a different servicer. They’re packaging it. up and selling those and taking a little bit of, you know, getting a cut at the beginning. The problem is, so what you’re doing is so, you know, when you package those up, obviously someone’s buying that package of mortgages. So that’s, you know, in those assets, right, that credit, you know, the credit risk, all that, right, ideally would be a known item, right? Well, now… If, let’s say, you’ve got some borrower who’s going to let somebody else take over their mortgage, for example, so now you’ve kind of changed that investment pool, right? We got rid of this one credit that we were okay with, and then we’ve got to make sure we replace it with a credit that we’re okay with, right? And so it’s doable, but there are some weird – I like the idea of moving your mortgage to the next property.
SPEAKER 03 :
Well, yes, you’re still the same borrower.
SPEAKER 07 :
The lender would have to be – Yeah, see, I think that, to me, that’s an easier way to do it because, okay, the bank said, I’m comfortable with you, Bill, as a borrower, right? You know, I like your house. It’s fine. Cool. And then, hey, I found this one. Do you like it? You know, it seems like it would be easier for them to say, you know what, that house is close enough to a like house. I mean, we do it on 1031 exchanges all the time, right, for investment real estate. So they say, hey, it’s a like house, Bill. We’ll just let you keep paying the mortgage on there. you got to pay the difference to buy the house or whatever, or hey, we’ll let you open a little bit of a second mortgage, whatever. The assumable part is the part I think that seems a little bit more difficult, but I think being able to take your mortgage with you sounds like a great idea. Now, here’s the one problem is there’s other credit um, instruments that people sell that if, you know, you may have owned this thing. And so if the mortgage gets paid off early, you actually make more of your capital faster. Right. And so now if you start changing, say some of these loans that are already in the package and they’re like, Hey, I was hoping that mortgage might get paid off in 25 years. Well, if somebody assumes it, it’s like, hey, that thing might go all the way to maturity. So now you’re kind of affecting that investment that somebody has already made under some different pretenses. But I think it’s worth exploring, especially, though, when interest rates are at six or above.
SPEAKER 03 :
Yes, I think totally it’s interesting. Some outside-the-box. Yeah, you need some outside-the-box ideas.
SPEAKER 07 :
I’ve heard from the administration and the housing side of things that they’re seriously looking for ways to improve it, but it’s a lack of supply and a rate issue.
SPEAKER 03 :
Yeah, okay. Now put April 1st, 2026 on your radar. Musk and Tesla are moving forward. It appears this is a big rumor, but there’s a lot of evidence to back it. A next generation roadster. Now they made a limited amount of roadsters to begin with in the early days. Those things are probably worth some money. Today, that was their first production car. It was sold from 2008 to 2012. But they’re going to push the limit on this baby. This has got my interest. I could see me driving one of these little, built heavily on the Lotus Elise chassis. That was the original one. These things aren’t going to be cheap. No, you said Lotus. I figured not. No, get one of these when your son’s out of dental school and a dentist. An all-electric supercar, sub-two-second, zero to 60 miles per hour acceleration, 250 miles per hour top speed. Holy cow. And a claimed range of around 620 miles. Yeah, that’s because you get there so fast. Yeah, and a much smaller, you know, it’s not eating up as much electricity. But if you’re going 250 miles an hour across country, but I can’t wait to see this thing. That’s got my attention. You could run that charge down pretty quick at 250. Put a little modular reactor under the hood, and, man, dude, you could go to Mars, and, man, it could fly.
SPEAKER 07 :
Eventually, it’ll be back to the future. Yeah, you throw that nuclear oklo on the back.
SPEAKER 1 :
Yeah.
SPEAKER 03 :
Well, we’re out of time. I will say this, though. I remember doing a workshop down in Florida several years ago in Sarasota. The whole buzz was the weed stalks. There were weed stalk newsletters. There were weed stalks analysts. I’m the guy that said it’s a crop. It’s soybeans. It’s not a good investment. Tilray, which was the blue chip, if there is such a thing, of the weed industry, is doing a reverse 1 for 10 stock split. That’s not good. I remember until where it was $300 a share after their IPO. And I remember meeting with the guy in Sarasota. He was either going to invest with me or a weed farm in Oregon. And he chose to do the weed farm in Oregon. I wonder how he did with that. I don’t know. But that was all the buzz back then. Everybody wanted to invest in cannabis stocks. I said, uh-uh, no way. They’re going to go up and smoke, and they did. Okay, well, happy Thanksgiving. We’ll be back on Monday, hopefully, God willing, to get the newsletter for free weeks, GundersenCapital.com, to set up an appointment with us, 855-611-BEST. 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.
