In this episode of Best Stocks Now, professional money manager Bill Gundersen delves into the current state of the market amidst looming weather conditions and geopolitical events. With a keen eye on the major movements in tech stocks, Bill analyzes the frosty reception of Intel’s latest report and the soaring performance of companies like NVIDIA. Join us as we explore how these factors, along with unexpected headlines from Greenland, influence investment strategies. Throughout the episode, the conversation takes a deeper dive into the nuances of the investment landscape, discussing the unexpected rise in gold prices and the whispers of
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 pre-ice storm edition of the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management way out here in South Carolina. I guess we’ll get the ice storm last of all, the blast that’s coming through this weekend. The market’s doing okay today, not bad. We’ve got an update for the NASDAQ right now. It’s up despite a real frosty report from Intel. You know, I just didn’t buy the Intel. I didn’t drink the Intel Kool-Aid. I was a little bit skeptical there of a rebound in Intel, and it is down quite a bit here today. But the Dow… Right now is down 313 points to 49,070. The S&P is down a little bit. It’s at 6,905. The NASDAQ, on the other hand, is up 52 points. I think NVIDIA’s got some good news coming out of China. And the NASDAQ’s at 23,487. Has gold hit 5,000 yet? It was on the cusp this morning. And gold right now is up, let’s see, gold, it’s up 42 basis points, 4,934. And Bitcoin remains weak. It’s down 285 to 88890. 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 company. a registered investment advisory firm, and probably, Barry, one of the states that we have clients in, which is almost every state in America, is going to get hit with an ice storm this weekend. And I think it’s fair to say that ice kind of stole the headlines this past week. Three big ice stories, obviously the one that continues in Minneapolis. grabbing lots of headlines, making news at Bruce Springsteen concerts and the like. The ice of Greenland getting churned up this past week, right? And the ice storm that’s getting ready to sweep America, driving natural gas prices up 60%.
SPEAKER 04 :
Well, you mentioned it at the beginning of the week. That’s kind of an indicator. We knew that the storm was probably going to be for real because you could see natural gas prices for And it’s gas for delivery in February. So it’s basically these near-term gas prices because all over, we had that ice storm, what, a couple years back where you had a lot of production was shut down for a period of time in the oil patch. And it kind of slowed things down for a bit. So we’ll see what happens.
SPEAKER 03 :
Yes, we’ll see if the lights go out in Georgia or anywhere across America for that matter. We talk about all the things that impact the markets. Obviously, politics impact the markets, the economy, interest rates, geopolitical events across the world, which occur on a pretty regular basis, and the weather. Okay, the weather, yes, definitely. Natural disasters, too, impact markets. So that’s what I kind of like about being in this business. I’ve always been fascinated with current events and things going on in the world and whatnot, and it all kind of converges and comes together in something known as the stock market. right on down to individual stocks like natural gas stocks, like companies that mine for rare earths in Greenland, Australia.
SPEAKER 04 :
It’s the ultimate scoreboard, right?
SPEAKER 03 :
It really is. And, you know, that’s why I do enjoy coming to work every day to follow the news. And a lot of times I can tell things are going to happen before they happen. Just by the movements that I see in the markets. Well, look at the prediction markets about Maduro in the days leading up to capturing him in Venezuela. Now he’s rotting in a Brooklyn prison somewhere.
SPEAKER 04 :
Did we ever find out who made that wager? Somebody scored a big bet there, $400,000.
SPEAKER 03 :
Maybe it was one of the… Army Rangers that went in, I don’t know, or a helicopter pilot.
SPEAKER 04 :
In that case, it’s well-earned.
SPEAKER 03 :
Yes. Okay. Well, we had a decent day yesterday in the markets. We hit a new all-time high. We’re hitting a new all-time high again here today. The Dow was up 90 basis points. The NASDAQ was up 90 basis points. Gold is closing in on 5,000. I don’t think there’s any stopping it. It’s at 4,940 right now.
SPEAKER 04 :
We’re about to hit 5,000.
SPEAKER 03 :
Yes, and silver is closing in on 100. I mean, it’s at 99-something right now. Those are your biggest surprises, I think, since Trump was elected. Bitcoin continues to be very soft. You know, if you’re a Bitcoin investor, you’re not participating really in the new highs that the Dow is making, the S&P 500 is making, that gold is making, that silver is making. Even oil is having a good day today. It’s up 2.6%. And this could be a year for the oil sector. It’s off to a good start. And, you know, the Venezuela news could be one of the catalysts behind a better year for oil, which has not had a good year in a long time. And also yesterday, the mineral, the rare earth stocks were just on fire. once again so like i say it’s an interesting world that we live in and i guess you would say the biggest news the biggest market driving news came out of switzerland this week at davos and most of it related to and surrounded greenland of all places you know if you were going to write some surprises in the market that might come along Greenland would have not been on many psychics or crystal ball people’s time list. Not on your bingo card, right? I didn’t see any of the mucky mucks up at Goldman Sachs mentioning Greenland a couple of years ago. But anyways, it definitely is the big story this past week. And I started to hint at it that it was going to be a big story several weeks ago when I had the Greenland edition of the newsletter. And we try to be out in front of things. The Greenland edition. And it definitely became the biggest market-moving story this past week. What were the initial jobless claims? You know, I never did see this.
SPEAKER 04 :
So they came out yesterday. I missed them totally. It was funny. There was so much news yesterday. They came in, I think it was like right around 200K, basically kind of in line. I’ll find the actual number. But it was honestly, it was essentially a non-story compared to what was going on out there.
SPEAKER 03 :
Well, that’s good, though. I mean, look, as long as that remains low, the jobs market remains good.
SPEAKER 04 :
I mean, even PCE inflation came out yesterday, but it came in in line, so it didn’t really make much of a market.
SPEAKER 03 :
Yeah, I never even heard about it. It didn’t even show up in the Seeking Alpha news feed yesterday. 200K even. Yep, 200K even yesterday. Well, Trump’s saying that the U.S. would essentially have total access to Greenland under the deal that is being negotiated. Well, it would be interesting. I mean, if you’re a top geologist, if you’re a mining expert, if you’re an infrastructure expert, there’s going to be some plays other than critical metals coming out of Greenland, whether it’s trucking companies, Jacobs Engineering, or road building companies, which can be kind of boring at times. But there’s ports. There’s got to be some infrastructure built over there. You know, picks and shovels, Levi’s, you name it. We’ll be watching that story for a long, long time. Imagine when they first went into Alaska and what foreboding territory. I mean, just the bears alone that they had to ward off. I mean, yeah. You know, the grizzlies. Heck, yeah. Have you ever watched any of that Yukon Territory?
SPEAKER 04 :
Oh, yeah, with the Ice Road Truckers or whatever. That’s pretty interesting. Yeah, it’s a good one.
SPEAKER 03 :
I think Greenland’s even a little bit more foreboded. Maybe we’ll have some, you know, Netflix can start a series, Housewives of Greenland or something like that.
SPEAKER 04 :
I don’t know. Well, growing up in the deep south, I appreciate the fact that in places where you could accidentally lock yourself out of the house and potentially die, right? Yes.
SPEAKER 03 :
You can’t find your keys. That’s right. Yeah, the elements out there are rough. Or a bear. Yeah. Yeah. Well, anyways, on the never a dull moment part of the show, Trump accuses J.P. Morgan and Jamie Dimon of debanking him, which they did. They said, hey. They talked about it. It came out two years ago. You’ve got to move your account, pal. He’s filing a lawsuit for $5 billion. Never a dull moment. We’ll be right back.
SPEAKER 1 :
Thank you.
SPEAKER 03 :
And welcome back here to the second quarter of today’s Best Docs Now show. I’ve got to mention Houston here. I’ve got to record a spot. But until then, we’ll just do some live mentions. That will be Wednesday, the 25th of February, and Thursday, the 26th of February. That’s at the Westin Galleria. Nice spot. I’m looking forward to spending some time there. That’s a rare opportunity to meet with the team. We have one-hour appointments available on Wednesday and Thursday, February 25th, 26th. And Edie is filling those appointments up for us if you would like to reserve one. Give her a call at 855-611-BEST, 855-611-BEST. And I will be teaching a workshop, which I love doing, on Wednesday the 25th at 7 p.m. at the Westin Galleria. You get to pick your brain there. Yes, we usually get a nice crowd out to those, and I try to make it as informative and timely as possible. And then I asked the guys over there and gals in Sun City West if I can invite people. And, yes, so if you’re listening on our Phoenix station there, the Investment Club at Sun City West, which it’s a retirement community. They have a really nice auditorium right next to the bowling alley, I think it is. We’ll all be speaking at 6.30 p.m. at the Investment Club in Sun City West. If you’d like to reserve a spot to the Phoenix workshop, that’s Monday, February 23rd. That’s going to be a busy week.
SPEAKER 04 :
Or catch you at spring training.
SPEAKER 03 :
Yeah, or if you’d like to munch some popcorn and crack some peanuts at a baseball game on Friday and Saturday, whoever the Padres are playing on Friday and Saturday, that’s like their first game, so you get to see all of the aggressive growth, the emerging growth guys, you know, that someday may turn into pros. The single-A folks. Stars. Yeah, right. Okay, all right, we’ve got once again from the never a dull moment, the spat with Canada continues to increase. The Trump administration not happy with Carney turning to China and saying they’re a better trade partner, more reliable than the U.S. is, which, hey, I think he can make a case for that and all the drama. coming out of the U.S. But good luck doing business with China and allowing the Chinese electric vehicles in. I think that would crush the Canadian car business. But it is what it is.
SPEAKER 04 :
How long do those things work up in the cold?
SPEAKER 03 :
I mean, I’ve seen stories. Not very good. Not in a nice storm, that’s for sure. Well, anyways, they’ll be working on a revised deal with Canada and Mexico later this year. And this gold rally, you know, look, gold is proving its true worth as a store of value in uncertain times. And Bitcoin has really not proven its value, that it’s not something that people run to in uncertain times. And this whole bit about the Fed and, you know, having more control by the president over the Fed, that has also got gold flying higher. And it just seems almost inevitable that you’re going to hit $5,000 an ounce today.
SPEAKER 04 :
Well, and central bank demand, too.
SPEAKER 03 :
And central bank demand. Maybe they are. I think Bitcoin is a lot of the sanction. Well, and I think gold, to some extent, has moved around, too, on these countries that have sanctions on them. Particularly, yeah, right. Now, there’s good news for NVIDIA today. China informs Alibaba and others to prep for the NVIDIA H200 orders. Okay, so NVIDIA, I see, is up 1.5% today on that news. And I just watched Micron go from being down 3% to being up 3%. That’s a 6% turnaround.
SPEAKER 04 :
I saw something where Samsung is saying they’re denying a report that they’re raising the storage price 80%.
SPEAKER 03 :
Yes, I saw that. And I also saw a report on SanDisk. About the short squeeze there, one of the biggest short squeezes of all time, that stock is up like 1,200% or something. I’ll get to the article. Let’s see, SanDisk right now, which was spun off by Western Digital a long time ago, And then, well, no, not that long ago, it was bought by Western Digital, then spun off in 2025 at $27 a share. It’s hitting $501 per share today. It began the year at about, it’s doubled. It’s up 100%. It is the biggest winner. I don’t think it’s in the S&P 500, but it’s one of the biggest winners year to date. Samsung is denying reports that they’re raising their memory prices, but every person that we’ve heard recently that knows anything about the memory business is saying, hey, this is going to last throughout the entire year. There’s no solution because these data centers take lots and lots of memory. Western Digital stock is flying Seagate stock is flying Samsung is not really investable but the stock is way up and of course Micron and SanDisk and then the companies that make all of the equipment for making the memory they’ve also done well here also and I would still say that all in all I would say the semiconductor sector is the number one sector in the market, and one that’s on the rise to keep an eye on. There’s been a lot of false starts in oil and gas over the last several years. But this one may finally be real.
SPEAKER 04 :
Particularly on the refiner side, you mentioned yesterday, with like Valero and even Chevron, obviously.
SPEAKER 03 :
And the equipment side. The Halliburton and Schlumberger’s hitting a new high, breaking out today. SLB after their earnings report. And a lot of smaller ones down the line. And if you look at our newsletter this week, We now own three or four in the energy patch, which we have not owned before. For quite some time, we haven’t had any exposure there. I think the last one we owned was LNG. But I did pick up four over the last couple of weeks, and they will be in the newsletter this week. which I’ll be writing tomorrow. And, of course, you can get four weeks to the newsletter, the live alerts, and the access to the app at GundersenCapital.com, our website. Other news, well, the Alibaba news on NVIDIA, which is good for them. This terrestrial energy, I’m going to ask around this weekend. I have many contacts. in the Navy. Now, they can only say so much, but they definitely know a lot, especially on this. And several of them are teachers over there. They’re teaching these guys all about nuclear. And this terrestrial energy has all of a sudden come into the limelight, IMSR. It was up 22% yesterday, saying it executed an other transaction authority agreement with the U.S. Department of Energy. on their salt reactor technology. More on that on Monday, but we’ll be right back.
SPEAKER 02 :
This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show.
SPEAKER 03 :
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. Thank you.
SPEAKER 06 :
Because there’s something in the air.
SPEAKER 03 :
And welcome back here to the second half of today’s Best Docs Now show. Well, this terrestrial energy, I want to bring this up again because all of a sudden it’s burst onto the scene. It’s headquartered in Charlotte, North Carolina. a nuclear technology company specializing in Generation IV advanced reactors, particularly, this is the interesting part, the molten salt reactor, IMSR, which uses molten salt technology for efficient carbon-free production. The company was originally founded in 2013 and incorporated in Canada with its initial headquarters in Oakville, Ontario. They’re coming up with a new kind of fuel that can be made a lot more efficiently than the current fuels. It burns totally carbon-free. Significant expansion occurred in September 2025 when Terrestrial officially opened its corporate headquarters in Charlotte, North Carolina, marking a milestone in its U.S.-centric growth strategy. The location was chosen to capitalize on North Carolina’s business environment. Okay. Supposedly they have a friendly business environment. Banking capital of the East Coast. Yes. And leadership in advanced nuclear energy. Well, it seems like the Carolinas themselves are kind of becoming a leader. We have a lot going on. A lot of industry coming. And including talent, right? The talent coming from the Navy here, which sends all of their nuclear, the kids that are in the nuclear program, to Charleston, South Carolina. So we’re going to keep our eye on this one. I’m going to do some more research on it. I’ve got several contacts in the Navy here in Charleston, including a couple girls. Boy, they are sharp. Whoo! Man, they’re in that nuclear program and their teachers and some of the guys there that are teaching these kids. And then we’ve got people that just entered into the program. They come down from the Great Lakes. That’s where the Navy now has their basic training. Now, in San Diego, I grew up not too far from boot camp where the Navy had their training back then, their initial boot camps, the SWABIs that we called them. And then they close that down, and now they go to the Great Lakes for their basic training. And, of course, down here we’ve got Parris Island for Marine Corps. The submarines, a lot of them go there for the submarines down by Parris. I think Parris Island is Marines, isn’t it?
SPEAKER 04 :
Yeah, Parris Island is where the Marine boot camp. And then, of course, yeah, real close to that you’ve got the sub area. Is it Kings Island, something like that?
SPEAKER 03 :
Yes. And then I need to go there. There’s a submarine museum there. And my sister told me that there’s a picture of my father there on the USS Paddle, which is pretty amazing. I need to go to that submarine museum and see that. And we had a kid last week that just left the training here, and he’s been assigned to a sub, and he’s going to Groton, Connecticut. He’s been assigned to the USS South Dakota to help run the nuclear reactors on the sub. And that’s where my father went in 1940 after Pearl Harbor and joined the Navy in Groton, Connecticut. It’s still there. So some interesting history. And then, of course, at Fort Jackson in Columbia, which is two hours from us, that’s where they send basic training for the Army. And my son-in-law is involved over there as an officer. So a lot of connections here that are good. He keeps me on top of a lot of things, development, some stuff he can’t talk about, some he can’t. He’s a funny guy. Anyways, let’s take a look. IMSR, we’ll keep our eye on that. The Trump administration is revising or scrapping over $83 billion in clean energy loans. I would just say there’s a different approach. You know what? I mean, number one, and this all happened after he won the election. You know, the auto pen was flying there in the White House, and all of these loans rushed out the door in the final months after Election Day, $85 billion going to wind and solar companies. And, of course, I mean, the Trump administration has taken a different approach of investing in the companies. We want a piece of the action, which they’ve done with several of the… critical metals companies, the nuclear companies.
SPEAKER 04 :
It’s the definition, I would call it, the difference between a subsidy and an investment.
SPEAKER 03 :
Yeah, I mean, there’s a different approach, okay? And I think we found that wind and solar are not even going to put a dent into the energy needs going forward. Not to say that Biden wasn’t working, too, on the chips and the nuclear. He was definitely pro-nuclear there in the end. But they’re going to cancel a lot of these guaranteed loans to the wind and solar end. Guess who’s probing Meta? If you’re guessing a company on the European continent, you’re right. This time it’s the UK. They’re not a part of the EU. But they’ve got their regulator, Watchdog. They’ve got a lot of watchdogs. They raise watchdogs in Europe after them. You know, yesterday, and look, this is Wall Street for you. This is typical Wall Street. Number one, J.P. Morgan is a very large Wall Street institution. And, you know, over the years, I can’t say a lot of people have accounts. I’m sure they do in their private banking and whatnot. Most of the accounts from the big Wall Street firms come here from Morgan Stanley, Merrill Lynch, Raymond James, Wells Fargo, etc. Once in a while we’ll see one from J.P. Morgan. But, you know, we went on and on yesterday about what a horrible stock Procter & Gamble has been. They had their worst quarter ever. Well, maybe, you know, the darkest, right before the storm, right? I mean, when it gets that dark at a company, maybe that’s the best time to invest in it. I don’t know. I wouldn’t be an investor. But J.P. Morgan joins the bull camp on Procter & Gamble. And I’ve said it many times. I mean, these Wall Street firms love the AT&Ts and the Procter & Gamble’s and the Verizon’s and, you know, the dogs of the Dow, I guess you could say. And there’s an example. The day after just a horrible report and me ripping the stock, which I’ve been doing for the last several years. Why? Single-digit return, single-digit growth, good products. But, you know, there’s just not much growth in that industry that they’re in anymore, the pride of Cincinnati. J.P. Morgan definitely in the bull camp. of Procter & Gamble. Okay, Barry, I got a bond offering here for you to check into. Now, the symbol of the company is WOOF. W-O-O-F, that’s not a good sign. And they do have the naming rights on where the Padres play.
SPEAKER 07 :
Okay.
SPEAKER 03 :
Where the Pets go, which isn’t the best motto of all. Where the Pets go connotates.
SPEAKER 04 :
Is it Petco Park from years ago?
SPEAKER 03 :
Yes, that’s where the Padres play. Petco is pricing a $600 million senior secured note. Listen to this, 8.25%. Well, hold on to it until 2031. Can you hold on to it for just five years and make 8.25%? Of course, Petco’s got to be around five years from now.
SPEAKER 04 :
Yeah, sometimes. I mean, I was surprised how long Bed Bath & Beyond made it around.
SPEAKER 03 :
Well, you know, and Petco has had the naming rights ever since that ballpark was built maybe 10 years ago, 15 years ago. One of the great ballparks in America, by the way. I will be visiting there many times during baseball season. I love going to Petco. But the bond, 8.25%. Okay, well, you think about it, all right. We’ll take a look. Are we going to put it in our bond portfolio? I don’t know.
SPEAKER 04 :
I will say I was there yesterday evening to get, I think, one item. Do we have a Petco around here in Charleston? Yeah, it wasn’t too happening at 7.15 in the evening yesterday.
SPEAKER 03 :
They have so much competition from Wolf Online. Now Walmart has a whole pet division. Now you’ve got Costco. You’ve got Chewy. Anyways, okay, Tesla. They claimed that they had fully autonomous robo-taxis running around Austin yesterday. Somebody with the drone was following them and noticed that they were all being followed by a car. Is that autonomous, being followed by a Tesla car with a driver in it? Well, they’re questioning that, but Tesla did have a good day in the market yesterday. And they’re questioning Elon Musk’s post yesterday about their robo-taxis driving in Austin with no safety monitor in the car. They’re right. They were just in the car behind them. We’ll be right back.
SPEAKER 06 :
On a winter’s day.
SPEAKER 05 :
And welcome back here to the final segment of today’s Best Stocks Now show.
SPEAKER 06 :
Well, Intel in the news today as they report earnings.
SPEAKER 03 :
Intel’s sales were down 4% year over year. And as I look at their last four quarters, they’ve got 0% growth in the first quarter of last year. They have 0% growth in the second quarter of last year. This is sales growth. 3% in the third quarter. They finally had a little growth in the third. Then they’re back to minus 4%. So basically, no growth in sales whatsoever. over the last four quarters. Now you can say, well, you know, the U.S. invested in Intel. So did NVIDIA. Intel’s down 15% today. As I look at their earnings over the last four quarters, they finally had a profitable quarter. They made 15 cents per share versus 13 last year. So their earnings were up 15%. And sales were down four. That means their margins improved. They either cut expenses or raised their prices or a combination thereof. Only two ways to do that. There’s only two ways to do that. And, you know, my problem with Intel, as I read through all of the statements that Lip Wu Tan, the CEO, made, that’s all I see is desktops and laptops. Okay. I don’t see really data center. Data center, right, yeah. I see all, it seems like to me, you know, so, and that’s just a slow business. I mean, have you been in a Best Buy lately or… You know, the Walmart, the computer section, they’re not exactly long lines. I mean, people buy them online, too, at Costco and everything. But that’s a single-digit growth area of the industry. And he did go on and on and on about the unprecedented demand in the semiconductor industry. I just wonder, however, though, if they’re going to be any kind of a major player in that area of it. He said, this is Lip Bhutan, he said, the era of artificial intelligence is driving unprecedented demand for semiconductors across the entire compute landscapes. And he stated that the breadth of our IP and know-how uniquely position us to capitalize on these AI-driven trends. I just don’t see it happening yet. And, you know, the thing about it, Barry, is we don’t need these chips in our personal – we’re just fine with the chips we have now. It’s the data centers that need these expensive chips. Right. And that cost is being borne by, you know, the AI people. and not really the consumer at home having to upgrade their computers to get the answers that they want from Grok or whatever.
SPEAKER 04 :
And that’s kind of that next piece, right, is what they’ve been kind of waiting for, right, is, you know, when does some of this stuff, you know, come to potentially a desktop so then you have a new kind of refresh cycle where, right, you’ve got a new – It’s kind of like when we went to 5G phones or whatever, right, where you had that kind of bit of a tailwind, right, for some new technological refresh. We’re just not there yet, right, with the personal computer. I don’t know. It would be interesting to see how that develops over time.
SPEAKER 03 :
Well, he’s bragging about the 45% market share that they have in PCs, desktops, notebooks, and desktops. Then he says in data center, we’re accelerating coral rapids and reintroducing multi-threading. collaboration with NVIDIA to build the custom Xeon integration with NVLink technology. That’s the one that they really need to – that’s where their growth is going to come from. Then the other parts of their business, the foundry. That’s not a high-end business. We are now shipping our first products built on Intel 18A. That’s coming from their foundry. So, you know, it’s not showing up yet. That’s all I know. And the guidance was not that good, and the stock is down 16%. So this is one that isn’t showing signs of a turnaround yet. But maybe it’s coming. And it also seems like they’ve missed a fantastic opportunity here. AMD is definitely cashing in much more on AI and data center. than Intel is. It seems like they’re completely left behind. I mean, just judging by the stock and the sales and the growth and all this and that, that they’re still mainly a PC-related business, a desktop and PC-related business. Okay, now we’ll go to Schlumberger in the couple minutes that we have left. and there’s where I see some promise there now over the years oil is a cyclical industry it’s very cyclical and you look at the last 10 years of SLB and you’ve got basically no return whatsoever none over the last 10 years it’s the cyclicality it’s the nature of the beast but lately Over the last three months, SLB is up 48%. It’s made a massive move. And that’s bringing momentum into the picture, into a lot of these oil and gas stocks. This is probably the most serious momentum moves that I’ve seen in the oil patch in several years. And I think maybe by the end of the year we’ll look back and say, you know, there were some pretty big winners in the oil, which hasn’t happened in a long time. But still, I think it’s going to be the picks and shovels stocks. And rebuilding Venezuela’s oil fields is probably going to be pretty lucrative for a few companies. I also saw that he’s not guaranteeing security. I mean, they’re not going to be accompanied by the U.S. Navy out to the rigs and whatnot. Maybe he did promise that hex sets will lay off, you know, blowing them up in the water and stuff like that. But, you know, still, there’s a lot of risk, and a lot of companies don’t want to take that risk.
SPEAKER 04 :
Have we blown up any drug boats lately? I haven’t seen anything about it.
SPEAKER 03 :
No, that’s quieted down. Now that Maduro is in the Brooklyn prison, I haven’t seen any drug boats being blown up. I guess the lady in charge now has told them, hey, guys, knock it off.
SPEAKER 04 :
Did they say to stop running them? I mean, it’s interesting. I know we took that tanker here recently.
SPEAKER 03 :
Okay, well, there goes another hour of time. If you want to reserve a spot in Houston, Call Edie at 855-611-BEST or in Phoenix on that Monday, February 25th. Edie can get you a spot for that. 855-611-BEST. If you want to get four weeks of the newsletter, 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.
