Join Bill Gundersen as he navigates through an exciting day in the stock market, exploring dramatic market climbs and discussing pivotal investment decisions. Alongside Chartered Financial Analyst Barry Kite, Bill dissects major market movements, including the impact of geopolitical events like the ongoing situation in Iran and its effect on global financial systems. Journey with them as they evaluate high-performing stocks and recount their strategic calls that have resulted in significant gains, offering a glimpse into informed investment decision-making.
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 04 :
And boom, boom, up goes the market on this Wednesday, April 22nd. This is Bill Gunderson. It is the Best Stocks Now show. I’m here with Barry Kite, our Chartered Financial Analyst. We’ve got the Dow up 384 points right now to 49,533. As the ceasefire is extended for now, the port remains blockaded. The S&P 500 is up 48%. That puts it at 7,111. That’s a new all-time high. The NASDAQ is up 211. We’re having an absolute very large day today. especially with GE Vernova, one of our biggest holdings. The NASDAQ’s at $24,479. We’ve got, let’s see, oil. There’s your big one. Let’s see how oil is doing today. Last I looked, it was in the high 90s, and oil right now is at Brent Crude, $95.13. That’s high. That’s very high. We have gold is up 1.1% today. The bond market, the 10 years at 4.28%. And Bitcoin, Bitcoin is at, let’s see, it’s up 3,197. Clear back to 78,800. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson and our chartered financial analyst Barry Kite. And Barry, that call that we made, were you saying April 6th?
SPEAKER 05 :
Yeah, April 6th.
SPEAKER 04 :
16 days into the call we made, one of the most compelling buying opportunities of all time. We’re five for five now with market calls, almost right deadly at the bottom, and we are up considerably. Look at our accounts and the money under management that we have, how it has just absolutely soared. during this period of time. It’s good to be right. It’s not good to be on the wrong side and listening to the pundits out there and the dart throwers and the flame throwers and all the other people trying to get clicks on their articles.
SPEAKER 05 :
As you say, it’s good to be on the sunny side of the street, as you say.
SPEAKER 04 :
When it’s sunny, yes. And it comes back to the dang earnings. Earnings, earnings, earnings. That’s what drives the ship. The markets got a little roughed up yesterday. The Dow was down 60 basis points. The NASDAQ was down. We were down just a little bit yesterday. And it was mostly because of the talks going back and forth between Iran. and the Trump administration, it sounds to me like they still don’t know if they’re dealing with the right people over there.
SPEAKER 05 :
That’s the part that gets me. It’s fluid. Who are they dealing with? Do the faces come and change?
SPEAKER 04 :
If they do agree to something, will the republic… It sounds like a very, very fluid situation. And look, who is in control? The people? The old regime?
SPEAKER 05 :
The Republican Guard? We don’t know. The Army?
SPEAKER 04 :
The military? So you can’t really deal. You might have somebody else in charge. So that seems to be the biggest issue right now. But they are getting their butts kicked, and they are in deep doo-doo. And they are blockaded, and they’re getting their money shut off that’s coming in, and something’s got to give at some point in time. And the reason for Trump extending the ceasefire is deep divisions within Tehran’s leadership. Deep divisions, okay? So there’s a big problem. They’re in chaos. The country of Iran is in total chaos. And you don’t know if the people you’re dealing with will be the leaders tomorrow. And so that makes it all the more difficult right now. there is a ceasefire. The ceasefire remains in place, and that’s why the market is so happy. Iran says it has seized two ships in the Strait of Hormuz. Now, that’s the Iran Revolutionary Guard saying that.
SPEAKER 05 :
How did they seize two ships, by the way? I’m just curious.
SPEAKER 04 :
Well, you’d think we would be all over that.
SPEAKER 05 :
Yeah, I mean, it’s kind of – one of them, I think, was very close, almost like it was a disabled ship close to the shore. I guess that one makes sense. But it’s just trying to understand what’s really going on over there, right? Like you said, whether it’s who are we really dealing with, what is really – I mean, it is a war zone, so it’s hard to get good intel. Well, they –
SPEAKER 04 :
They claim the ships were allegedly operating without proper authorization, repeatedly violating regulations and manipulating navigation systems. thereby endangering maritime safety. Never mind the mines that they’ve planted in the Gulf. That has a tendency to endanger maritime safety. So that was the Revolutionary Guard’s comments on that. The action comes after U.S. forces seized an Iranian ship. So it was kind of tit for tat, I guess, and boarded a tanker linked to Iran’s oil trade But then again, you had Trump last night, after the market closed, by the way. It was a dicey day in the market yesterday. And right at the close, maybe just a few seconds after the close, I saw that news that he was going to extend the ceasefire indefinitely.
SPEAKER 05 :
Yeah, and you had the sell-off in the last hour because of the reports of J.D. Vance not taking off to go. Yeah, that was before the market opened.
SPEAKER 04 :
It’s the J.D.
SPEAKER 05 :
Vance watch. Yeah, so it’s…
SPEAKER 04 :
You know what? I think they’re just looking at the situation and saying it’s not ready. They’re not ready to sit down and negotiate because the leadership is not in place. It’s all in disarray and it’s chaos. You could make a deal with somebody and someone else could be in charge in a week or two. So I think that’s probably why, and I think that’s probably why he extended it to indefinite, indefinite. to give them time to work out their leadership and what they want to do. Okay, the stocks today are just exploding to the upside. The tech stocks are just exploding here to the upside. You’ve got GE Vernova right now of 14.6%. You’ve got USA Rare Earth, which we own in our emerging growth portfolio, up 12.3%. I actually added to that position yesterday. That was good timing. I did not expect this out of GE Vernova today. GE really did not have a very good report yesterday, and I’m reevaluating that current position, but we also own GE Vernova in two accounts, the premier growth and the value. It is up 14.6%, one-fourth of our gains today, which are large gains, seven-digit gains, big time today. 14.6% of GEV, one-fourth of those gains is coming from that one stock. You’re also seeing good gains in the Taiwan or the Korean ETF, EWY. Arm Holdings, very good stock.
SPEAKER 05 :
You added to that position, what, I think it was on Monday, if I’m not mistaken. I know it was recent.
SPEAKER 04 :
Yep, Micron’s having a good day. AAOI, which, by the way, we have a new article out there on Seeking Alpha. And it’s one of the top performers in the market. That article came out, I think, yesterday afternoon or something like that.
SPEAKER 05 :
Yeah, I think they snuck it in late.
SPEAKER 04 :
Yeah. But we did send out an alert to everybody with the link to the article on Seeking Alpha. And we can also send – I have a PDF file. It wasn’t the final version, but it’s pretty dang close – of the article. Also, the rare earth stocks. You’ve got CRML, which is the rare earth in Greenland. We haven’t heard much about Greenland. All we hear is the straight R moves. What happened to Greenland? We’ve got the natural gas stocks up today, VG. And some of the AI infrastructure stocks are also really on fire today. Holy cow. And I did submit this morning another article. They’re coming off the press here again. Very busy. We’ve got the press rolling. That’s why I was up at 1 a.m. this morning. Been up ever since doing stuff, including polishing off. We’ve got a Blockbuster article coming out tomorrow. Maybe today. Maybe later today. We’ll have to see. And then we’ve got another one that I need to do the finishing touches on. Uh, and, uh, in the meantime, do we have a spot for Minnesota? I was so busy yesterday.
SPEAKER 05 :
Yeah, no, we’ve got, we’ve got, we’ve got the dates. I don’t know. I haven’t heard of still, still have a spot yet, but we still got the, uh, those dates are still, I was looking at the calendar yesterday trying to, uh, trying to, trying to map out the, uh, map out some flights, but yeah, it’ll be Tuesday the 19th, Wednesday the 20th, Thursday the 21st.
SPEAKER 04 :
I better look at the flights today. All right. Now, When we come back, we’re going to talk about some of the strongest stocks in the market right now coming from one sector. And as I said, we have an article out on one of the best stocks in the sector. It came out yesterday. You can go to Seeking Alpha. We’ll talk about that in a moment. And we also own another stock in the sector that we’re writing another article about. This is the Best Stocks Now show. We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show. Well, we’ll begin with this. Arista Network stands out among optical networking stocks entering Q1 earnings. That comes from Needham. Arista is a large position here. And they’re saying that it stands out among the optical and networking. Now, if I’m not mistaken, isn’t Arista the copper one? It relates to the networking, and some of the others are fiber optics. That’s what I think.
SPEAKER 05 :
Obviously, you’ve got light, L-I-T-E. That uses the fiber optic light. Coherent is another one. VIAVI, Sienna.
SPEAKER 04 :
But our article yesterday was on applied optoelectronics, AAOI. And let’s see if they quoted our article here on that. Oh, I can’t find it right now. I bet they did. But I just want to give you some highlights from the article that we wrote. I captained the ship. and I had some help with the rote kind of stuff there, the facts. We have to do a lot of research on this stuff. It takes time. It takes a lot of time. AAOI is transitioning from a volatile optical supplier to a vertically integrated AI optics leader. According to us, their biggest customer is, what was their biggest customer? I think it’s Microsoft or Amazon. I can’t remember which one it is. But that’s always been a problem in the past. Now they’re much more diversified. Now, AAOI is a $10 billion company. which makes it, it’s a small cap, but it’s on the upper edge of small caps. It’s $133. Let’s see, we wrote it yesterday. Let’s see what price they put in here. We get credit for the price of… $144.10, I guess.
SPEAKER 05 :
I didn’t see them updated yet. I think it’s down today. Is it down a little bit today? It’s down about 4% today. Oh, what the hell? I think what they do, it’s always a little delayed. They might use the closing price today.
SPEAKER 04 :
All right. So now what I’m going to do next is go through our standard routine. of examining a stock and this comes from the article and as you know we begin with the track record of the stock AAOI over the last 10 years, it’s been all over the map because we didn’t have AI back then. And we do use a lot of fiber optics and telecom and whatnot, but it wasn’t the stock that it is today. Nevertheless, if you take a look at where the stock was 10 years ago and where it is today, it’s averaged about 24% per year, which is right in line with the S&P 500. That’s not bad for a small cap. because small caps have underperformed the S&P 500 by a fairly large margin. But here’s where it really begins. Over the last five years, the stock has averaged 74% per year total return, while the market’s 13.4%. And over the last three years, 296%. That’s tripling every year for three years. That’s pretty unbelievable. Talk about alpha. And during that same period of time, the market has been averaging 22%. It’s been averaging 296. Now that’s looking in the rear view mirror. We always say that. And their earnings have been choppy, very choppy, because they rely on just a few clients.
SPEAKER 05 :
Well, yeah, and they had, like you said, it was Microsoft that was kind of their largest customer. They folded some Amazon in there. Amazon actually has a performance-based investment in the company. I think it’s about 10 years. I think they had it as a 10-year agreement for $4 billion tied to Amazon. So two big companies, at least if you have two big customers, those are the ones to have, right?
SPEAKER 04 :
AAOI is headquartered in the fiber optics capital of the world, Sugar Land, Texas. Isn’t that weird? Sugar Land, Texas. Well, isn’t it? I think AT&T is headquartered in Dallas.
SPEAKER 05 :
Yeah, it’s becoming the data center capital of the world from a state standpoint. So it makes sense that they’d be headquartered there. They’re right in the mix.
SPEAKER 04 :
All right. So looking backwards is one thing. Looking at the past performance is one thing. Looking ahead five years with the valuations may be something unique that we do in addition to looking at the past performance because it’s all about the next five years at this point in time. Now, as I do a five-year valuation on this stock, I begin with some pretty hefty earnings growth, $4.64 next year. I’m using a pretty conservative growth rate of 15% per year. I extrapolate that $4.64 out for the next five years, slap a multiple on it, and I come up with 84% upside potential, 84% upside potential. So that’s pretty good. Considering where it’s been, the track record, The sector that it’s in, the recent quarterly growth, let’s just look at their recent quarters here. That’s always very telling for me, looking at those recent quarters that they’ve reported. And let’s see here. Yeah, I mean, they’ve been like triple digit, triple digit growth in earnings and in revenue. So that’s about as good as it gets.
SPEAKER 05 :
And as you say, stocks follow earnings.
SPEAKER 04 :
Yes, and earnings expectations. So this year, their earnings are going to grow 462% versus last year. And next year, they’re going to grow another 392%. So, you know, the analogy I would make here, these data centers, they need gobs of memory. They need gobs of hard disk and distra. They need gobs of fiber optics. It just takes a lot, a lot of this stuff. And that’s why you question… these AI companies as to whether or not they’ll be profitable or not because of the enormous expense of building these data centers. And it’s going to take a lot of subscribers at 30 bucks a pop or whatever, subscribing to Grok or subscribing to Anthropic or subscribing to OpenAI to ever cover the cost, the enormous cost of this build out that’s taking place. That’s why I keep saying you want to be on the receiving end of this money, this spending spree. Almost it’s like a desperate land grab. We need all the flash memory we can get. We need it now. Well, okay, we’ll get you as much as you can, but the price is going to be really high right now. And it’s a race. It’s like the race to the moon. You’ve got to race to being the top AI. I think they’ll all play a little part. It’s not like search. I think they all might carve out a niche, but the amount of money, the enormous amount of money they’re spending is just unbelievable. And I would say that you want to be, again, on the side of the company that’s on the receiving end of the spending and not on the spending end of the spending. And for that reason, I’m not real hot on these IPOs that are coming up, massive IPOs amongst these AI companies. We’ll be right back.
SPEAKER 01 :
This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show.
SPEAKER 04 :
Now, back to the second half of the show. Thank you. And welcome back here to the second half of today’s Best Stocks Now show. So yeah, obviously, I don’t know that there’s an ETF. There probably is. I mean, there’s an ETF on everything. There may be an optics, a fiber optics ETF. I don’t know of one offhand. But I can tell you that the major players in this fiber optics and networking. It’s networking really is what you’re doing. You’re networking all these various machines together. Arista, ANET. You’ve got AAOI, Applied Electronics. You’ve got Fabrinet, FN. which is a good stock. You’ve got Lumentum, which is probably the hot one in the group. You’ve got Sienna, which basically has become very much a pertinent stock in today’s world. It’s been around. I remember Sienna way back when, during the times when Cisco was king. You’ve got VIAVI Solutions, V-I-A-V, and you’ve got Coherent. And those are kind of your major players right now in fiber optics. And of course, like I say, it takes gobs. Let’s just use the word gobs. It takes gobs of butter to make fettuccine Alfredo. It takes gobs of fiber optics to build a data center, right? I think I got some crabs in my crab trap. Maybe we’ll be making a little crab fettuccine tonight. I’ve got to go out there and check here after the show. Palantir signs a $300 million agreement with the USDA for farm services modernization. You know, like I say, it is the best software stock out there. Why? Look at all the industries that it’s in. It’s in the Iran war. It’s in space. It’s in the networking. It’s in the data centers. Palantir is a monster stock. It’s more of a monster stock, in my opinion, than Microsoft because Microsoft is still doing kind of the mundane stuff other than chat GPT. You’ve got Palantir is up 3.7% today, and they’re going to make farms more efficient with their software. Who’s the guy that’s the head of Palantir? He’s kind of becoming a little Jensen Wang or a little…
SPEAKER 05 :
He’s an interesting guy, too. He’s a bit eccentric. That company is on the forefront of whether it’s AI domestically through corporate world or if it’s AI domestically. uh on the uh on the government side you know they’ve done a good job as you mentioned uh with the uh with the article you wrote you know when they started when palantir started out a huge very one of their primary customers was the government and they have continually um you know divested out of that to where now they’re you know it’s it’s only about 50 i believe of their of their entire business so They’ve branched out to where they’ve got a good customer in the government, but they’ve also got a handful of plenty of corporate clients as well.
SPEAKER 04 :
Yes, they do. They have a lot of corporate clients. All right, let’s see what else we’ve got here. And that’s kind of the rundown there on the fiber optics. SK Hynix plans to invest nearly $13 billion. in a new South Korean, by the time they get it built the big need for memory will probably be dwindling, right? That’s usually the way it works. SK Hynix plans to invest nearly $13 billion in a new South Korean facility aimed at AI memory demand. And we own that stock through the ETF EWY. And again, there’s only four memory makers out there. There’s Samsung, there’s Micron, there’s SK Hynix, and there’s SanDisk. Those are the four. Axe Compute skyrockets 166% over a $260 million contract. That’s a sweet one. What will that guy’s quarterly bonus look like for NVIDIA B300 GPU? So let’s look up this stock. I don’t know this stock. I don’t think it’s in the database. I think it was an unknown, a complete unknown until today. G-P-U is the symbol, and right now it is up 104%. Yes, I mean, this is a market cap. Yesterday it closed at $13 million market cap, $13 million. I mean, we’ve got homes in this area that are worth more than that. We’ve got liquor stores downtown that are worth more than that. $13 million. But they must have something. Let’s see what they’ve got. They’ve got connections. Oh, they’re in Pittsburgh. How about that? That’s another city we need to visit. They’re a development stage company manufacturing environmentally conscientious system for the collection and disposal of infectious fluids. Well, I got a hunch they’ve got a brand new market, different game plan that they’re going after. And you’ve got our friend at NVIDIA signing a 206. If you’ve got a market cap of $13 million and you get a contract, For 260, that’s unheard of. I’ve never heard of anything like that before. And that’s why you’ve got a stock that is doubling today. I always like those stories. They usually don’t, usually they’re one and done or, you know, they fade. They do the quick fade. But with 260 million, you know, contract, that could give them some legs for a little while. Costco’s Kirkland Energy Drink is a disruptor. Did you know that?
SPEAKER 05 :
I was in Costco this past weekend. I didn’t see their energy drink. I’ll have to go buy and check it out.
SPEAKER 04 :
Well, it’s a value alternative. I think a case, $16.99. It’s got 200 milligrams of caffeine, 10 calories, added vitamins, and no sugar. The reception has been broadly positive among Costco shoppers who go get a couple cases, bring them home. It’s really rattling Celsius because they get away. You know, a lot of these energy drinks, they get away with some pretty high pricing.
SPEAKER 05 :
I mean, yeah, you can go through a case of Red Bull there at Costco, and you’re pushing 40 bucks. Yeah. It’s pretty significant.
SPEAKER 04 :
Yeah, and that’s why that guy’s a billionaire that invented Red Bull. Okay, now, G-E-V.
SPEAKER 05 :
This is the spinoff. I texted you that symbol this morning.
SPEAKER 04 :
I know. I didn’t know what was up. I was busy getting the show ready, and they report the day after the sister company, the mother company reports, And look at those earnings. Wow. Holy cow. The stock is up 13.1% right now. It’s up $130 per share. GE Vernova, obviously a spinoff from GE through Larry Culp, headquartered in Cambridge, Massachusetts. They generate money. They transfer, they orchestrate, they convert, they store gas, nuclear, hydro steam and wind energy. So they have it all. And of course the turbines that run everything. GE Vernova comes in with just, they smash their earnings estimates and the stock is blowing up by 14%. Of course we have a very large position in that stock. which is making our portfolios really blow up here today, especially in the premier growth. We own it in the premier growth. I’m going to make sure, I want to say we own it in the value because I bought it when it was pretty cheap. I think we own it in the value, the relative, the relative value portfolio too. No, we don’t. I was wrong. We only own it in the Premier Growth. What was I thinking? But I’m happy. I’m happy to have it in the Premier Growth account. And the reason it’s up? Well, look at the numbers. They come in and they beat the top line. That’s the sales. They beat the bottom line. That’s earnings. And they raise… Fiscal year 26 outlook. So that’s your trifecta there. You beat the sales, you beat the revenue, and you raise next year. So it’s just all good.
SPEAKER 05 :
We’ve got some clients in this industry and got a client who… who works on leasing, you know, uh, big pieces of equipment, uh, and turbines like this. And he, he says, he, he, he tells us there, you know, there’s no end in sight in terms of, uh, in terms of the demand for, uh, for power and for these turbines. That’s the other deal in time.
SPEAKER 04 :
So it takes gobs of power. It takes gobs of fiber optics. It takes gobs of chips, uh, memory chips and that’s why this is really continues to be the very core the very center of the market well we’ve got some other stocks to talk about including a big south carolina company that is about 20 minutes away and then we’ll go to dallas to one of their big stocks out there and then another ai stock that’s pretty interesting right now we’ll be right back
SPEAKER 07 :
On a winter’s day.
SPEAKER 04 :
Well, Barry, this next story may apply to an awful lot of the people listening to our show. How many of the people listening? Raise your hand if you’re out there and you own AT&T in your portfolio. Okay, we’re going to go through the numbers on AT&T. Why? Because it’s a widely held stock. Very widely held stock. Has AT&T done anything in AI, in data center, in the iPhones, vending their own? Just no innovation whatsoever. And they just keep getting hit by competition. They used to make all their money basically on long distance. Internet, you know, they’re an Internet provider. And now a lot of people are going to outer space to get their Internet. And it just is not a very, you know, imaginative current company. And why do I say that? Because if I look at the last 10 years of tea, you’ve earned a paltry 4.7% per year. And you know what its institutional ownership is, Bill? Every share.
SPEAKER 05 :
67% of the company.
SPEAKER 04 :
Well, I’m surprised there are 33 floating around.
SPEAKER 05 :
Well, they probably have some employees holding on to some of that over the years.
SPEAKER 04 :
Yeah, or it’s in the company treasury or something like that. But anyway, that’s the number, 4.73% over the last 10 years. It has done better than Disney. You could say that. Well, at least you don’t own Disney. It’s done worse. Over the last five years, it’s improved a little bit. You’re up to 9% per year. But then they’ve fallen right back in their old ways. Over the last 12 months, AT&T is down a half a percent. The S&P is up 34%. You say, well, it must be gripping with value right now. Screaming, look at the value of AT&T. Low PE, low price to book, low price to sales, low upside potential. That’s a problem. The upside potential, and I’m using – the problem is there’s no growth. There’s no growth whatsoever. The valuation on AT&T, five-year upside potential, 39.4%. Now, if you look at your portfolio, let’s say you’ve got a million-dollar portfolio and you’ve got 50 grand in AT&T, you’ve got to go – Why?
SPEAKER 05 :
Why?
SPEAKER 04 :
Why? I’m mad. If I got AT&T, how many other duds like this do I have in my portfolio? Maybe you got them all. Some people have them all. I’ve had some portfolios come to me that had all the duds, all the duds in them. So I’m just telling you, there’s the numbers on AT&T. Let’s see how it’s doing today. on this knock-em, sock-em, oh, it’s horrible. Look at that, down 3.1%. And then you’ve got the dividend hogs who are going to say, yeah, but Bill, it pays a dividend yield right now of 4.44%. I’m getting the stock for free while I collect the dividend. And while I’m waiting for the stock to go up, I’m collecting the dividend. Okay, 4.44%. You’re giving that up basically because the stock is dropping. So no, we don’t own AT&T in our portfolios. And that’s just an example of the other side of the street. Which side of the street do you want to be on, the GE-Vernova side? Which, GE’s probably been around longer than AT&T, haven’t they? GE’s been around a long, long time. Maybe they’re about the same time that they’ve been publicly traded companies, decades.
SPEAKER 05 :
Yeah, of course, you had the baby bells, right, all kind of got together, and that was kind of what ended up folding in under AT&T in some ways. Former fashion, you had Bell South and all that. Remember AT&T Wireless? Remember they spun off AT&T Wireless? And then, of course, eventually they spun it back into the company. But, yeah, they’re a commodity. But here’s the difference.
SPEAKER 04 :
Look at GEV today, which was part of GE. They were a little bit forward-looking, saw the future. And look at AT&T, which had the same opportunity, and they didn’t see the future. And they remained stuck in their stodgy old ways. And now, you know, the investors, I don’t even know why anybody would own the stock. But, you know, look, you’ve got to go where you want to go, do what you want to do. As the song says, it’s taking up space in your portfolio. You’re working hard every day. to make a living, to save for retirement, and you’ve got a dud like that in there, it’s not working hard. It’s not working hard at all. And you say, well, it’s got… Lots of upside potential. No, it doesn’t have a lot of upside potential. Because when you’ve got a growth rate that meager, it’s very hard for the company to grow their earnings. Let’s see. Do we have time for one more? A couple of minutes, maybe? Yeah, okay. Well, I wanted to do Vertiv. Vertiv is actually down a little bit, but Vertiv is a seller of Power… cooling and other critical infrastructure for what what do you think that votes for data centers uh… they reported their first quarter net sales two point six five billion which match the estimates that’s not good enough to match the estimates their earnings came in at a dollar seventeen a share they were expecting a dollar one i would say that’s not a big enough beat for wall street they want a massive beat And as a consequence, we do not own this stock. But it has been a good one. It really has been a good one. Let’s take a look and see how avertive last time I looked it was. It’s one you’ve owned off and on. Owned it. Avertive today is down a little bit. Looks like they’re buying into the sell. Well, it’s down 2.7%. But there’s another one that’s got 30%, 40% growth versus AT&T 2% to 3% growth. Okay, we’re out of time. You can see the contrast in the market. You can see the gems and you can see the duds. You can see the sunny side of the street. You can see the cloudy side of the street. And it’s up to you which side you want to be on. I’d make no guarantees, but I’m going to try to push your portfolio onto the sunny side of the street. I’ve had a lot of accounts transfer in recently. I do a lot of cleaning up, Barry. I do a lot of cleaning up. You’re the gardener. Sometimes it’s a chainsaw. sometimes it’s just a little pruning uh you know something you’d use in your garden but uh most of the time it’s some pretty heavy pruning that i do because i look at a stock i immediately know the stock i know what’s where it’s been where it’s going where it’s headed where it’s not headed that’s just me all right uh to set up an appointment with us in minnesota or over the phone, 855-611-BEST, to get four weeks of the newsletter, the app, the live trades. GundersenCapital.com. That’s GundersenCapital.com. Have a great day, everybody.
SPEAKER 03 :
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.
