Join professional money manager Bill Gunderson and financial analyst Barry Kite as they dive into the intricacies of current market trends on today’s Best Stocks Now show. From the recent CPI report which has sparked a green wave across major indices, to intriguing insights about Japan’s interest rate tactics, this episode is a treasure trove of investment insights. Listen as they dissect the impact of burgeoning AI technologies on tech stocks and share their predictions for 2026. Gunderson also shares personal anecdotes and life experiences, offering a unique viewpoint on the investment climate. Discover how geopolitical dynamics and historical
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 Friday edition of the Best Stocks Now show on this quadruple witching day in the markets. This is Bill Gunderson. This is the Best Stocks Now show, and I’m here with Barry Kite, our chartered financial analyst and certified financial planner. We have it green on the screen. We’re awash in green this morning after a pretty favorable CPI report yesterday. That’s what I’m going to credit this to, but you never know. It could be something else. The NASDAQ is up 241 points after a really good day yesterday. And after a really bad day on Wednesday, that’s why you’ve got to kind of put up with down days from time to time. The NASDAQ is up 237 or 1% so far. The Dow is up 277 despite Nike. Man, that’s a disaster. Kick it out of the Dow, I say. Run it right out of there. The Dow is up 277 to 48,229. S&P up 52 to 6826. What did I predict last year at this time? We’ll look at that a little bit later, see how I did with my prediction one year ago. The Russell 2000 is up 65 basis points right now. The bond market up a few basis points, 4.16%. Gold is down about flat right now. And Bitcoin, which can’t get out of its own way anymore, it’s down 308 to 88,010. So welcome to today’s Best Docs Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here with Barry Kite, our Chartered Financial Analyst and Certified Financial Planner. And we have green on the screen again. And there’s a few things that have happened since yesterday’s close. Maybe Trump’s comments on his meeting with Waller, who is very dovish. He wanted a 50 basis point reduction in rates at the last meeting. And He was interviewed by Trump yesterday, and Trump said it was a very positive meeting. I’m for Waller. Waller for president is what I say. And maybe the market is also sending a nod here towards Waller this morning. But we did have a favorable meeting. cpi report yesterday i think that helps is helping the market today and we had an okay report out of japan it was expected that they would hike rates like they haven’t hiked rates since world war ii something like that you know not quite that bad but almost And it wasn’t as bad as expected. We had a huge rally in the NASDAQ yesterday led by Micron Technology, MU, the pride of Boise, Idaho. And that rally in MU is continuing today. It’s up another 5.7%. It is a big position here at Gundersen Capital Management. And the NASDAQ had a 1.38% jump yesterday.
SPEAKER 04 :
You mentioned that CPI report. That CPI report, I mean, it’s pushed the Fed. Chances of it cut at the next meeting are now, I think we’ve got about a 20% chance now. But we did see the 10-year came down. I think it’s around 4.16 today. Yeah, a few basis points.
SPEAKER 03 :
Yep, yep. And there was a lot of questioning of that inflation report on the different news outlets last night saying it was bogus. because it didn’t include October where they didn’t keep any records. So, you know, you have to weigh that in. But I always look at how the market’s reacting. The market obviously didn’t think it was bogus because the market had a good day yesterday and it’s having a good day today. And, of course, the big E earnings help a lot. Just when you thought stick a fork in AI on Wednesday, the AI move is done, right? That was a nasty day on Wednesday. Some of those nuke stocks were down like 9%. And it seemed to be the Oracle news that they couldn’t get financing for their massive data center they want to build in Michigan. uh but now you know ai is back in favor a day the next very next day with the earnings from mu that’s what i always say earnings went out at the end of the day earnings went out uh and uh that uh earnings report from micron reminded everybody just how strong The demand is for not only these high-speed chips, but all the plethora of memory chips, the PBMs that go along with them. We also had a decent initial jobless claims report yesterday, which it fell by 13,000 to 224K. So we’re ending up the week. We could see some volatility. It’s quadruple witching day today. Options on everything, futures, everything come due today, so there’s a lot of maneuvering taking place in the background that we don’t see, and it could cause some gyrations here and there. We’re in prediction season, and we’ll get to Wedbush. It has 10 predictions for next year. I went back to our newsletter one year ago today, and my 12-month target price on the S&P 500… was 6,510. And of course, we’ve exceeded that. We’re at about 6,800, but that’s pretty close, Barry. I’m pretty proud of that. And I continued to revise that target price higher as every earnings season we had. Yes, every earnings season we had this year was ahead of the expectations. So the E went up, and then we saw multiple expansion. Last year at this time, I was using a 21 multiple, which I still think is appropriate today. Instead, we’re trading at 22, as of today, we’re trading at 22.33 multiple. So you saw expansion in the multiple, and you saw expansion in the earnings. and uh i think i i would say we were pretty much right on and our top pick our conviction stock for 2025 which is almost in the books nope it was not bitcoin it was a palantir last time i looked it was the biggest winner in the s&p 500 well that begs the question What will our 2026 forecast be for S&P 500 one year from today? That will be in the newsletter on Saturday when I get her done. If you’d like to get a four week trial. We were right last year. I think we were right the year before that. The year before that. You can go to GundersenCapital.com, GundersenCapital.com to get a four-week trial to the newsletter, the app, and the live trading alerts. Our portfolios also had a very good year. You can look those up on how we did. We document everything that we do, and it’s based on what we’re doing in real life here as a registered investment advisory firm with a lot of money under management. And a lot of clients with portfolios with us, but at the end of the day, their portfolios are a mix of the five different strategies that I manage here at Gundersen Capital Management. What will be our top pick for 2026 as our conviction stock pick? I don’t know yet. We disclosed that one last year when we were publicly on the NASDAQ. And I’ll go back. I’ll put a link to that interview I did in the NASDAQ studios. That was early January. I think it was the first week.
SPEAKER 04 :
I’m pretty sure it was the first week of January.
SPEAKER 03 :
That’s what I remember, the first week of January. And hopefully we’ll get back there again this year. I really enjoyed going to the Big Apple.
SPEAKER 04 :
That was a blast.
SPEAKER 03 :
Especially now that we’ve got communists running the city, you know, that’ll be interesting to see how things are going there. I want to go in one of those state-owned grocery stores and see how much they charge for a ribeye steak.
SPEAKER 04 :
Boots on the ground, right? Yeah, I don’t know about those kind of boots.
SPEAKER 03 :
Yeah, we’ll find out. They’re not in command yet there, but I don’t know when they start. I’m guessing January 1st when Mondavi comes in. It’s just kind of weird that we’ve got a big city like the Financial Center of America, or maybe it once was the Financial Center of America. Anyways, we have predicted volatility today. Well, okay, we’ll see. We had a $6,510 target price a year ago. Waller has a strong interview with Trump for the Fed chair today. But I think the prediction markets still have Hassett as the favorite. My money’s on Waller. And we also had three more big drug companies announcing drug pricing deals, and that helps keep inflation down. ab v bristol myers and merc were among the latest to announce u.s drug pricing deals and that’s just one of the different things that the trump administration has been working on here in 2025 we’ll be right back
SPEAKER 1 :
Thank you.
SPEAKER 03 :
And welcome back here to the second quarter of today’s Best Stocks Now show. Well, I guess you could look at the world and say, would one of the predictions maybe be that they’ll end that war between Ukraine and Russia? The EU agrees on a $90 billion loan. Are they going to package that loan and put it into private credit? I don’t know that I would trust Ukraine to pay back that loan, but nevertheless, they packaged a $90 billion loan for Ukraine to help keep them afloat. That works out to $105 billion U.S. money, 90 billion euros. And this is to supply them with their military needs for the next two years.
SPEAKER 04 :
I guess they could pay them back in wheat and make probably some rare earthen at some point.
SPEAKER 03 :
Yeah, I don’t know that Europe’s very smart in making deals and saying, hey, we want this or whatever. They seem to just keep throwing money at the problem and not get much in the way of results. Okay, Oracle, back in the news again today. It’s been a rollercoaster ride for this stock over the last couple of months. They had all of that massive spending that they did, and that really sent the stock reeling. But, you know, really this whole Oracle saga goes back to mid-September when they came out with blowout earnings. and a blowout forecast, and the stock blew up and made Larry Ellison one of the richest guys out there. I think for a day or two, he was the richest man.
SPEAKER 04 :
Yeah, for a couple of days there, he took over the title from Elon.
SPEAKER 03 :
So that’s mid-September. By mid-November… Just two months later, the stock had been cut in half as they picked apart the spending spree and debt that Oracle was amassing. And, you know, the stock has been tanking. And then it tanked again about a week and a half ago. And then you had the news that they’re not going to get the funding for this massive data center. Well, now they’re in on the TikTok deal. So, you know, the roller coaster ride. Oracle is up 6.2% today, but it’s only a half a trillion dollar company. It got up to a trillion during that big jump during mid-September. We thought Oracle was a big player once again. And then things started to come unraveled.
SPEAKER 04 :
Well, when I remember seeing it first, it actually popped up on the bond screen in terms of being in that right hurdle rate in terms of where we may would buy it. And then it was like, why is Oracle showing up here? And then, of course, that’s one of the reasons why is they couldn’t get the funding for a particular deal, which sent their bond yields up higher.
SPEAKER 03 :
Yep. Well, Japan inflation dips to 2.9%. We were at 2.7%, a little bit lower than that, if you can believe the numbers. Their core inflation held at 3%, and they did raise their key interest rate. But, you know, look, we’re at 3.75%, and that’s where Great Britain is at. Japan is at 0%. 0.75%. That’s their second increase this year in interest rates, and the hawkish tone suggests that there’s more interest rate hikes to go. There’s a lot of concern about the Japanese carry trade, but at the same time, it hasn’t impacted earnings. And, you know, I take my cue from the bottom line. What is NVIDIA going to put in there? What are they going to bank this year in the way of earnings, profit? And the Japanese carry trade has very little to do with that. The Japanese carry trade has more to do with demand, I suppose, for shares when they’re borrowing cheap money from Japan and turn around and buy an NVIDIA with it or whatever. I think it has little impact, but it does rattle the markets from time to time, and it does become a factor. Okay, you know, I’ve been watching this myself. This is according to Jeffrey Curry, Chief Strategy Officer at Energy Pathways at the Carlyle Group. The Carlyle Group is a well-known private equity firm out of Washington, D.C. I believe Governor Youngkin worked for Carlyle Group, the governor of Washington. I think he’s still the governor until the new elected woman comes in. But they’re saying, what’s the must-own precious metal? No, it’s not gold. It’s not silver. It’s platinum. Platinum is the one you want to own today among precious metals, according to Jeffrey Curry, chief strategy officer of the energy pathways at Carlogo. Carlaw Group. In an interview with CNBC, Curry pointed to the European Union’s recent decision to remove its ban on internal combustion engines. And that is a major catalyst for platinum, which platinum is an essential component in the catalyst, the catalytic converters of cars. And I have watched PPLT, which I think, is that an ETF on platinum? I think it is. PPLT has been showing up in my A-plus momentum list on a daily basis. Yes, it’s an ETF. seeking performance to the day-to-day movement of the price of physical platinum bullion. And that thing’s hitting another new all-time high today. And just for fun, we’ll look at it here in the app. And I didn’t know that’s what was driving it. I didn’t know that. I thought the European Union wanted all electric cars by a certain date, but apparently they’re going to not ban combustion engines just yet. Here’s the performance of that. Over the last 12 months, this platinum ETF is up 104%. And year-to-date, it’s up 111%. and it’s currently ranked as a buy in the app, and it’s number 101 out of 5,180 PPLT, the Platinum ETF. We do not have any position there, but I guess that’s the underlying story. Well, it’s been a good year for precious metals to begin with.
SPEAKER 04 :
Well, I guess it’s funny. Your relative value concept, I guess, platinum relatively valued to silver looks like a great deal.
SPEAKER 03 :
Yes, and a lot of times the metals, they do compare them. against one another. There’s ratios that they generally trade at, silver to gold, gold to some of the others, and platinum is also in there. And so he’s saying that it’s still a good buy. So there’s a prediction there for 2026 coming from the Carlyle Group. uh… let’s see google and invidia unit back lovable three hundred and thirty million dollar funding round at six point six billion valuation and when we come back from the break i want to talk about this stock lovable you know one of the biggest winners we ever found we made seven hundred and seventy percent in the app loving which was an app stock Apple Oven is a $450 billion company. I wish I would have held on to it longer. But this lovable, that’s an IPO to watch for because it is an app stock, and I want to describe what they do when we come 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 05 :
And welcome back here to the second half of today’s Best Docs Now show.
SPEAKER 03 :
And we’ve got Wedbush’s top 10 predictions for 2026. This comes from Dan Ives. The analyst said tech stocks will be up over 20% in 2026 as the second, third, and fourth derivatives around the AI revolution take shape across software, chips, and infrastructure. Well, you know what? I think I probably can’t disagree too much with that. Now, it’s subject to change, and that’s the question. If, let’s say, something really changes, are they going to change at Wedbush, or are they going to remain 100% bullish on tech stocks come what may, come hell or high water? I’ve never seen them really back off and say, hey, you know, we think that like in 2022, interest rates are going up. We’re going to back down from tech stocks. But everybody does things differently.
SPEAKER 04 :
Yeah, they’re usually pretty bullish on the tech sector, and it’s obviously served Dan Ives very well. Yeah, they’ve done okay. I mean, the majority of the time, tech’s been where it’s meant to be.
SPEAKER 03 :
That’s right. Tesla, number two, Tesla will successfully launch robo-taxis in over 30 cities in 2026 and start to scale volume production of cyber cabs, starting the true autonomous era for Elon Musk and company. And he’s always been a perma-bull on Elon Musk and Tesla. Their base case for Tesla… Target is 600. Of course, Tesla hit a new all-time high this past week. And Tesla today is at 480. So their base case is 600 and their bull case is 800. on Tesla. And they have, like I say, you have to take it with a grain of salt, they have been permabulls, but betting against Elon, he’s had some swoons in that stock. Boy, when he was doing Doge, that stock got down to like 120 or something like that. It really tanked. And it’s come storming back. Ives and his team said that Apple and Google will announce a formal AI partnership around Gemini. Well, Gemini’s the one that… Makes sense.
SPEAKER 04 :
That’s their search engine.
SPEAKER 03 :
Yes, that makes sense.
SPEAKER 04 :
Google pays Apple to be their search engine. I’ve heard at some point Apple might end up paying Google for access to Gemini.
SPEAKER 03 :
Yes. Ives also said that the best AI infrastructure acquisition candidate is Nebius. NBIS, we made some money in Nebius during the year in our emerging growth portfolio. We’re not in it right now. He thinks it could get acquired by a hyperscaler with Microsoft, Alphabet, and Amazon as likely buyers. Cybersecurity, this is number five, is one of the best outperforming subsectors of the tech landscape. Expect some mergers and acquisitions. They like CrowdStrike. and Palo Alto Networks. Those are their two favorite. We personally like Palantir and CrowdStrike are our two favorites. The analyst said Oracle successfully built, this is a prediction, will successfully build out its data center targets and start to convert its massive remaining performance obligations, or RPOs, This is business that they have on the books, but they haven’t performed yet. They’re AI backlog, and they say Oracle will hit $250 per share in 2026.
SPEAKER 04 :
Well, I mean, if you liked it a month ago, you’ve got to love it now, right?
SPEAKER 03 :
It’s at $190. They’re saying it’ll get back to $250. I don’t know. I’ve kind of given up on Oracle.
SPEAKER 04 :
Yeah, it’s kind of hard.
SPEAKER 03 :
It’s unpredictable. It’s had better days. I mean, it was the king of database back in the late 90s, early 2000s. As everybody was moving to databases, it definitely was the database stock. And I don’t know. They’ve had a dicey history here recently. I’ve made a few forays into the stock unsuccessfully. And I think I’ll just stay on the sidelines on that one. Watch from afar. Yeah. Ives predicts that the Trump administration will make an equity investment in a quantum company. That’s not such a wild prediction. He thinks either IonQ or Regret Getty. Number eight, Microsoft hits its sweet spot in 2026. Well, you know, they’ve hit many sweet spots over the years. They think it will be the top performing cloud software name in 2026. The analysts noted that NVIDIA will continue to be the dominant AI chip in the world and get further access to the Chinese market. They have a $275 target price on NVIDIA. And they say, well, they have Palantir in a different category, not so much the cybersecurity category. He says Palantir will expand its commercial AI success in 2026 with an artificial intelligence platform. So I’m on board with most of those predictions, and I think if there was somebody that we’re most like out there, Wed Bush, although we’re not the permables that they are, there’s times when we don’t want to have much exposure to tech. It just depends. My hands are not tied to tech, and I’m not constrained to always have 100% tech.
SPEAKER 04 :
Not like Cathie Wood where she’s stuck, I mean, basically by prospectus, stuck in that world no matter if she wanted to get out of it or not.
SPEAKER 03 :
And the Ives ETF is all tech, right? So you can’t own Lilly, you can’t own trucking stocks or anything. coal stock wherever the market moves i would rather be personally that’s just me i would rather be unconstrained uh we talked about silver yesterday unbelievable heckler mining was up 300 percent this year core d lane uh the other great stock in idaho up there in cordia lane Along with Micron, they got a lot of gold and silver up there. It tripled this year. First Majestic up 198%. Will silver remain the hot asset class? It was probably the number one asset class in 2025. I certainly did not predict that. Union Pacific and Norfolk Southern power ahead with their merger plans.
SPEAKER 04 :
I thought you were about to tell me that was on Dan Ives’ list.
SPEAKER 03 :
I’m like, he’s got trains on him? No. But the thing that jumps off the page there is… You know, if you’re a railroad buff and a train collector and a modeler of railroads, do you know how many have gone by the wayside? Like 99% of those names that are on the HO trains and the Lionel train, they’ve all been consolidated here. And really, that’s all that’s left anymore is about two or three. Of course, Norfolk Southern is out of Atlanta. And you’ve got CSX down in Florida. And you’ve got Union Pacific, which I believe is, I want to say Nebraska is where they’re headquartered. But the consolidation and the disruption that has taken place, I mean, there was a time when we moved a lot of the nation dependent. Remember the railroad magnets? You know, the billionaires of their day because they owned the railroads. And, of course, Warren Buffett.
SPEAKER 04 :
That was a cutthroat business, by the way. I’ve done some reading about some of the railroad magnets. folks in kind of the you know late 1880s and you know early 1900s and Essentially connecting America, but they would, I mean, you’d have somebody would lay track right next to the other one just to crowd them out on purpose.
SPEAKER 03 :
Yeah, and I think it’s a great part of American, if you like history, there is so much American history and the towns along the routes of the railroad. You’ve got guys, I was listening to a guy, Barry, he’s in Australia. And he was being interviewed on this podcast, one of these railroad guys. And these guys model accurately what a railroad route looked like. And this guy in Australia is modeling Southern California, where I grew up. The Santa Fe and the Southern Pacific that ran through Oceanside and San Juan Capistrano and everything. I said, man, I know all of those places by heart. Those depots are still there. Now it’s mostly Amtrak. But I remember the days when Santa Fe and Southern Pacific ruled the West, really. And it merged with Union Pacific. So, I mean, I just think that’s a great story. And, of course, Gordon Lightfoot’s great song, the Railroad Trilogy song up in Canada. I mean, you’ve got some huge railroads there up in Canada. Anyways, I kind of miss the good old days, Barry. We’ll be right back for the final segment of today’s Best Docs Now show.
SPEAKER 06 :
Go where you want to go. Do what you want to do. Live whoever you want.
SPEAKER 03 :
And welcome back here to the final segment of today’s Best Stocks Now show. Well, I want to end with two stocks here. Chipotle’s been on a pretty good rebound here, I’ve noticed. We put it in our relative value portfolio there, and I guess I wasn’t patient enough.
SPEAKER 04 :
Have you frequented the one around here recently?
SPEAKER 03 :
No. Is there anybody in that place anymore?
SPEAKER 04 :
I saw their lights were on a couple days ago.
SPEAKER 03 :
That’s a good sign.
SPEAKER 04 :
That’s a good sign, yeah.
SPEAKER 03 :
How about Cava? Is the light still on at Cava?
SPEAKER 04 :
Yeah, I’ve heard some mixed things on that one.
SPEAKER 03 :
Yeah, well, I mean, look, I’ve never been back. We went twice, and I can’t say I’m running back. Both of them are quite expensive. I mean, both Chipotle and Kodler are very expensive. But, you know, having said that, Chipotle has been climbing its way back. It’s up about $8 per share, which is about 30% since I sold it. There is an old adage, if you want a stock to go up, sell it. And it’ll go up after that. Not always. You know what? I look back on the things I sold during the course of the year. The vast majority of them went way lower after I cut and ran. You know, if you went back and looked, you can look at my cell list.
SPEAKER 04 :
And you slept better along the way.
SPEAKER 03 :
You know, once in a while a couple will get away from you because something happens real quickly. But for the most part, you know, you have to have some kind of a cell discipline, I think. and Chipotle has been climbing its way back. They’re banking on protein. I guess there’s a protein craze out there to lose weight.
SPEAKER 04 :
It goes into the GLP-1s. In terms of all the GLP-1s, the one main side effect, obviously, is that you can lose muscle mass, so that’s why. When you’re walking through Costco here, Bill, you see a million protein powders, protein drinks. Now they’re essentially putting protein in everything. It’s good to know that they’re glad Chipotle has real chicken, I guess.
SPEAKER 03 :
Well, they say the chickens are humanely raised. Until they cut their head off, you know, but up until then, it’s really humane.
SPEAKER 04 :
Humane right up to the end.
SPEAKER 03 :
And throw them on the grill for an adobo protein cup. They have introduced a snack for the first time, an adobo protein cup over there at Chipotle. But the disaster of the day, kick it out of the Dow, Nike. Nike is just an unmitigated disaster. Well, there’s competition. There’s knockoffs. There’s counterfeit. There’s tariffs. There’s tariffs. There’s inflation. There’s the GLPs. I don’t see as many runners out there trying to run the pounds off. which was never a real effective way of losing weight. It was good for your heart and everything, bad for the knees. I was a very avid runner. I’ve got thousands of miles on my poor ankles and knees and hips and everything over there. I just enjoyed getting out in the fresh air. And, you know, I’m a very competitive kind of guy. I would always time myself and try to beat my old record. And, of course, the bar kept going higher and higher as I got older and older and the knees got crankier and crankier. I remember breaking six minutes when I was in my 50s or maybe even 60s. I broke six-minute mile time. They’re at the track, and then it was like, if I can just get around the track without falling over, I’m happy. But, you know, GLP-1s maybe have hurt Nike, too. But, look, it has not helped the Dow. If you look at the app and the numbers, okay, Nike steps up to the plate. Over the last five years, Nike’s stock has delivered minus 13% per year. You ever see a guy going around the track backwards, Barry? I did see a couple. I think, you know, for football, let’s say you’re a safety, a free safety, or a, you know, a guy that covers. You’re running backwards a good bit in that position. Yeah, you’re running backwards, and I did see some people. I’m running along, and here comes a guy backwards. You don’t want to collide with that guy. going backwards but that’s what nike’s been doing running backwards minus 13 percent per year and i gotta tell you nike’s in a lot of not as much these days but big wall street love nike And you would find it in almost every, along with Disney and AT&T and Procter & Gamble and the rest. And this year, being a good year in the market, Nike’s down 14%. Is there a turnaround? Will this be a deep value play at some point in time?
SPEAKER 04 :
81% institutional ownership.
SPEAKER 03 :
There you go. Why do they own it? Why would you take up valuable space in a portfolio where you’re limited but you know the money managers they love to own nike they love to talk about it on cnbc and uh you know what it’s just been a disaster and it brings up the point when do you kick The Dow obviously doesn’t have a sell discipline because they held on to CVS way too long. They held on to Intel way too long. But I know it’s supposed to represent the economy. It’s not really an index to invest in. But you do want it. The Dow is the most widely reported index on the news every night. They never say the S&P was up. 11 points today no it was the Dow was up 300 points and a lot of times you’ll see the Nasdaq but you know I just say make the Nasdaq great again can’t they do that Mata or the Dow make the Dow great again Mata eventually the railroad stocks got kicked out of the Dow eventually you know Hewlett Packard and some of the other losers on even CVS remember CVS CVS was in there for years yeah So anyways, I say kick Nike out of the Dow. What would you replace it with? And I say kick Disney out of the Dow, which sounds un-American, but maybe you replace it with Carnival. I don’t know. All right, well, you know, we’re out of time. I’ve got my newsletter face on. I pretty much stay in the quiet of my room here, managing the money, looking at our holdings one last time. Before Monday, I look at the earnings estimates. I update my numbers for 2026 and 2027. And our portfolios make sure that we’re not wasting space with a Nike or a Johnson & Johnson or whatever. Johnson & Johnson actually had a good year this year. First time in a long time. To set up an appointment with us, 855-611-BEST. 855-611-BEST. Make your retirement account great again, right? We’ll do our best. Or get four-week trial through the newsletter and the app and everything at GundersenCapital.com. GundersenCapital.com. 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 SIPC and FINRA.
