Tune in to a thought-provoking session covering this week’s latest market trends. Bill Gundersen and Barry Kite venture into the intricacies of the recent Treasury Secretary nomination. They explore big movers in the market sparked by Amazon’s expansion into quantum computing, offering great insights. Additionally, they review the state of earnings seasons, highlight upcoming reports and end with an informative look at Apple and Robinhood’s market positioning. Whether a seasoned investor or market novice, there’s something valuable here for everyone.
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 welcome to the Tuesday, or Monday, it is the Monday beginning of a holiday shortened week version of the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. I’m here with Barry Kite. Our chartered financial analyst, the markets are up here so far. You’ve got a big drop in interest rates, 12 basis points. And we’ll get to the reason why here in a moment. But right now you’ve got the Dow. It slipped a little bit. No, now it’s starting to gain some steam. It’s up 436 points. to 44,732. That’s a new all-time high for the Dow. Can you ring a bell out there somewhere? We need a bell somewhere. The NASDAQ is up 97%. That’s a half a percent. That puts the NASDAQ at 19,100. And the S&P is back above 6,000. It’s up 32 points right now to 6,001. The small caps up 1.4%. They love that big drop in interest rates here. Small caps broke out to a new all-time high last week also, the Russell 2000, and it’s up 1.4% today. Meanwhile, that 10-year, like I said, down 12 basis points this morning to 4.29%. Crude oil down, gold down a little bit, and Bitcoin in its quest for 100,000. It’s down 1,500 today. to $95,500. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management, a fee-based only nationwide money management firm. And I’m here with Barry Kite, our chartered financial analyst. The big news so far here today is a 12-point drop. in the 10-year from 4.41 clear down to 4.29. Barry, I’m going to credit the new Treasury Secretary, right?
SPEAKER 02 :
He hasn’t even taken office yet.
SPEAKER 03 :
But he’s doing it. I was going to say, wasn’t it the CEO of, I think my recent thought about market movers like that is, wasn’t it, I think, Starbucks CEO? Or, no, it was the Chipotle CEO leaving and going to Starbucks. And in this sense, you know, I think both stocks moved like 20% that day in this sense. Yeah, Scott Besson’s pushing rates down, you know, 0.1, 10%. Ten basis points, essentially. And so you’ve got, that’s a pretty big move. Yeah, ten basis points. Twelve basis points to the downside.
SPEAKER 04 :
Well, you know, Besson, hey, look, Charleston, South Carolina is going to throw its weight around a little bit here. We’re now home of the Treasury Secretary. Besson has had a long career in private industry, actually managing money, which I think is a big plus. I think that’s the real world, okay? The real world is managing money. Now, some of the controversy around him is he cut his teeth with the Soros Fund, one of the lead managers, and that’s where he learned his craft, and then he eventually started his own shop. and manages quite a bit of money. And worked with Druckenmiller too there, right? Yes, and he worked with Druckenmiller, who’s also a protege of George Soros. So anyways, he’s kind of, you know, I mean, he’s not like real aggressive one way or another. The market feels comfortable with him as the Treasury Secretary. They feel like, you know, he’ll be on board with the Trump economic agenda. And so anyways, I mean, the market is signaling, hey, we like the pick here for Treasury Secretary. He’ll be replacing Janet Yellen. And you’ve got a 12-point drop in interest rates from 4.41 to 4.29. You know, they think he’ll be a little bit more dovish, you know, as it relates to interest rates. So anyways, that’s starting.
SPEAKER 03 :
But he’s also concerned about the growing debt, right, U.S. debt. And so that’s one big, you know, the markets are excited that maybe he can have some effect on, I mean, it’s a massive debt. We’ll see what effect the whole group has on it.
SPEAKER 04 :
Yeah, I’ve got some news on that debt, an update on that debt here in a moment. We’re hitting a new record on the downside there for that debt. Okay, so we ended the week last week not too bad. You know, the Dow, the S&P and the NASDAQ were down a little bit. NVIDIA could not move the needle on the NASDAQ and on the chip sector. NVIDIA is basically in a sideways trend right now. It’s down a little bit today. And, well, you know, it’s now the biggest, largest company unless Apple’s catching up again. Out there, it’s the fastest growing company out there. It’s now a member of the Dow, and it seems to be digesting and consolidating a lot of its recent gains here. But we did end the week on a pretty good note. Bitcoin hit a new all-time high, 99,163 bottles of beer on the wall. Shoot one down. Shoot five down. Now we’re down to 95 bottles, 95,000 bottles of beer on the wall called Bitcoin. We didn’t quite get to 100,000. It’s moderating here today. Well, you know, we have the – Biden has now added $8 trillion to the deficit. Before that, Trump added $6.5 trillion during his four-year term, and Biden had $8 trillion today. Which obviously included COVID. Yes. So $14.5 trillion added to the debt. during the last two presidential terms. And we’re hitting a record this morning of $36 trillion. And we’re going to see what Vivek and Elon can do to find some fat. We’re going to have a lot more business people involved in this administration, I would say. Who was the Commerce Secretary? Let’s see, the Commerce Secretary was also a big a heavyweight in private industry. And, of course, now you’ve got the Treasury Secretary, a heavyweight in the private markets. And there’s also hopes for a friendlier regulatory environment, and that’s why you’re seeing the small caps. They’re getting a double boost here because of the falling interest rates and maybe a friendlier regulatory environment. So markets are acting positively.
SPEAKER 03 :
Howard Lutnick. Howard Lutnick. Lutnick, that’s right. The Commerce Secretary, which he was kind of battling it out also behind the scenes with Bess.
SPEAKER 04 :
And Lutnick is the CEO.
SPEAKER 03 :
We’ll see how they work together going forward.
SPEAKER 04 :
Yes, and he’s the CEO of that big firm, Cantor Fitzgerald, that almost wiped out in the 9-11 attack. So markets reacting positively to Trump nominating the financier Besant, Charleston resident, as Treasury Secretary. Investors prefer orthodoxy, predictability, and coherence from economic policy. There were fears that some of the candidates may not possess those attributes. Besant does, says UBS’s Paul Donovan. Besson has said he regards taxing U.S. consumers via trade tariffs as a bargaining tool, essentially the stance in Trump’s first term. Others in the cabinet disagree, but investors will be pleased there is one voice of trade tax moderation there. Donovan said he’s the UBS guy there so they like it and again national debt 36 trillion will doge help fix it well you know what they’ve got a monstrous task before them but I would say that Musk has faced some monstrous tasks before. How about going against the grain and starting an automobile company, which is next to impossible. Look at how many others have tried. over the years, automobile companies, and especially one that took on the combustion engine. So we’ll see. There’s always hope. Hope springs eternal that they can cut into that deficit somewhat. Okay, we have a $300 billion pledge. That’s not enough. Climate finance pledge for the COP29. That’s to fight global warming. That’s what the countries are going to come up with to give some of the undeveloped countries money. to help them fight the global warming. They wanted $1.3 trillion. They only got $300 billion. In fact, a lot of these smaller countries, India says it’s a paltry sum. Nigeria says it’s an insult. But there goes another $3 billion from countries around the world to fight global warming. Okay, well, when we come back, there’s a lot of stocks in the news here. I sent out alerts on three new stocks that I added to the database this morning. They’re three of the biggest movers in the market today in a sector that all of a sudden is starting to get some notice. So we’ll have that in a little bit. They were not in the database before. They’re pretty small, but they went in the database today. We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show. Well, a little bit of the air coming out of the tires of this early move in the market sparked by a 12-point drop in the 10-year after the naming of, I’ve already forgot his name. Scott Besson.
SPEAKER 03 :
Yes, it will become a household name.
SPEAKER 04 :
I mean, I’ve never heard of Janet Yellen before. Now she’s like, we toss that name around like she’s an old friend. So Scott Besson.
SPEAKER 03 :
Well, Ludwig was rolling off her tongues for a week, and then, of course. Yeah, and as this, you know, as Besson comes in, right, just kind of replace one name for another one as we keep filling out the cabinet, right?
SPEAKER 04 :
That’s a very big position that he’s got there. Okay. The SEC collects a record $8.2 billion in fines in 2024. Okay. All right. They didn’t get anything from us. Not yet, anyways. Record amount 64% higher compared to last year. Now, he’s going to step down, Gary Gensler. And, you know, he’s going to have a little bit of a tarnished sustain on his record with that big… You know, the Bitcoin scandal with, what’s his name?
SPEAKER 03 :
There’s another man. Friedman? Alan Freed? No, that was the wrong guy.
SPEAKER 04 :
Bankman Freed. Friedman Bankman. He’s in prison now. That’s good. Morgan Stanley paid $250 million to resolve charges involving the disclosure of confidential information about the sales department of large quantities of stock known as block trades. Now, this is a shortened week. Thursday, the market will be closed. I’m sure it’s a half day maybe on Friday or Wednesday. I’m not sure which one. I hope it is, but you never know. But there will be earnings this week, and there’s going to be some big ones. CrowdStrike will be a very big one. That’s probably the number one, number two. I’m going to call it number two behind Palantir these days. As far as cybersecurity goes, Zoom Video is going to report, you know, that was a stock that was in the right place at the right time during the COVID crisis. And then the stock kind of maxed out and has leveled off. It’s had a little bit of life here recently. But I kind of doubt their long-term growth prospects unless they come up with some new products. Hewlett-Packard, which has been a real dud. I mean, you’re talking about as soggy as it can get there with Hewlett-Packard over the last decade. Dell Technologies, it has a little bit of new life. with the Adata Center move there. We’re going to hear from Macy’s, which now has an accounting problem. They joined the list with Super Micro Computer and Macy’s. And the third one is Archer Daniels Midland. Best Buy is going to report Kohl’s, Nordstrom, Abercrombie & Fitch, Dick’s Sporting Goods, Workday, that’s a good one, Smucker and Company. Analog Devices, Autodesk, Agilent, and Frontline. I guess today the big one would be Zoom Video. And then after the close, Agilent. Tomorrow is pretty good. CrowdStrike is a pretty important company based out of Austin, TX. Of course, they had an issue, too. They were the ones that were caught up in the Delta. Yeah, with Delta Airlines and Microsoft, you know, Microsoft Office and whatnot. So that’ll be a big one tomorrow. And so, you know, earnings season is 95%, 95% in the books.
SPEAKER 03 :
Yeah, that Macy’s was interesting in terms of, you know, that was one where essentially apparently one employee was hit $132 to $154 million of some type of, you know, it’s an accounting. You can tell it’s an accounting deal because somebody would have missed $154 million in cash flow. What it is, it’s got to be some type of accrual, right, some kind of non-cash expense. Yeah. I’m not really sure exactly what it is, but not as worrisome as an SMCI kind of deal is my point in terms of how these stories would relate.
SPEAKER 04 :
Yes. Well, 95% of the S&P 500 companies have now reported. That’s the third quarter of 2024. We’re now in the fourth quarter of 2024, the fourth and final quarter. And, you know, we only have five weeks left, believe it or not, before the end of the year, the end of the fiscal year for most companies. And then the whole earnings parade will begin again in the middle of January. Here we are already talking about January 1st. of 2025. 75% of the companies beat earnings. 61% beat revenue. That’s pretty much average, you know, these days. That quarter that has almost come to an end here, or the earnings season, 5.8% growth versus the same quarter last year. And it did move up. You know, we were at about 3.6. Then it started rising as more tech companies reported. This quarter is going to bring in about $61.63 per share for the S&P 500. That compares with $58.91 last quarter, the same comparable. Now, if you annualize that $61.63, you’re running at a rate of about $245 per share, which is record. And I’ve said it before, I’ll say it again, we began in 2009 with $66 of earnings for the S&P 500. Here we are today running at about a $240 to $250 rate. Why has the market gone up? Every year except for the COVID year and one other year where it was down just slightly from the previous year. Since 2009, simply because earnings have been going up since 2009. It’s the longest stretch of earnings increases that I’ve seen during my 25-year career. in the business and it’s it’s expected to continue next year okay there are no signs magnitude and the magnitude has been pretty good too i you know you’d have to figure out the compound average. I’m going to guess if you take $66, you compound it out for 15 years to today’s run rate of about $250. I’m going to say that’s 8% or 9% somewhere in there. You have to use the compound average annual formula, which I use in my app a lot when I figure out the average rates of returns for stocks over the years, but… That’s been pretty good, and next year we’re looking for a 12% increase over this year. We update that every single week in the newsletter because not only is earnings growth important, but even more importantly, earnings expectations. You change those expectations a little bit, stock moves immediately or the index moves immediately. So we really keep our eye down the road one to two years ahead on those earnings estimates and any subtle changes or or or uh… you know increases or decreases to those numbers now having said that the forward p this week is twenty two that’s where we closed on friday we’re at or near a uh… three-year two-year high on that twenty two dot so there’s not a lot of room here I don’t think you’re going to see much multiple expansion. You’re seeing a little bit today because of the drop in interest rates, but we’re pretty maxed out on that forward PE ratio right now, which means the risk-to-reward ratio isn’t as good as it could be. You have to look for stocks within the market that have a better risk-to-reward ratio. This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. Now, back to the second half of the show.
SPEAKER 05 :
Because there’s something in the air.
SPEAKER 04 :
And welcome back here to the second half of today’s Best Stocks Now show. Well, we’ve got the markets still up. Not as much as they were. But you’ve got right now the Dow is up 436 points. That’s 99 basis points. The NASDAQ has pulled back a little.
SPEAKER 03 :
It’s up 61. Intraday all-time high. Intraday all-time high on both of those today, now and the S&P.
SPEAKER 04 :
Yep, and the S&P was up 23. Now it’s under 5,000. Yeah, it was at 69.
SPEAKER 03 :
It’s six grand, yeah.
SPEAKER 04 :
And last but not least, that 10-year is what’s driving it here with that big drop in interest rates. On the news of the new Treasury Secretary, Scott Besant, the 10-year is down 11 basis points to 4.30 this morning. Okay, now one last thing before we move on from this earnings season. There have been concerns. There’s been a lot of talk about a slowdown in the economy. There’s always talk about a slowdown in the economy. Every day there’s talk. Given concerns in the market about a possible economic slowdown or recession, have analysts lowered EPS estimates more than normal for S&P 500 companies for the fourth quarter, which we’re in now? The answer is no. No more than normal. So at least looking ahead the next few months, the next 12 months, even the next 18 months, there’s been very little downward revisions. to those earnings estimates and we watch those very very closely and I’ve said it before I’ll say it again there’s no better indicator for the market than earnings and earnings expectations earnings expectations number one earnings the trajectory of earnings probably number two then you get into you know some of the technical moving averages and of course also the economy GDP, last time I saw Wells Fargo up the GDP estimates for next year, I think to 2.5%. So at least as we sit here now, and as we look out on the horizon, we’re not seeing a recession. In the economy, we measure that through GDP. We’re not seeing an earnings recession brewing, and we’re not seeing a bear market brewing, at least at this point in time. Things can change very quickly. That’s why we remain very vigilant. Vigilant is the word, always. Okay, now some individual stocks that caught my eye here this morning as I read through this morning’s news. Everything that has come in since 9.30 a.m. on Friday. That’s a long time ago. There’s been a lot of news since then, a lot of stocks. making news a lot of companies will make news this week with the earnings reports as we mentioned but let’s just take a look at some stocks well of course bitcoin is is still uh it kind of met its match there for now at a hundred thousand it didn’t quite get there it might i think it was there for a little while maybe And now it’s back down to about 95,000. Trump is ready to revive the killed-off Keystone Pipeline. You know, that just depends on who’s sitting in the White House. You know, Obama killed it. Trump brought it back again. uh biden killed it and now trump’s going to bring it back again one of the most controversial pipelines that’s one of those that needs a new name needs a new name remember we were talking last week about companies that used to be this company and then now they’re now they’ve got a different name yeah it’s that company in canada that uh that runs a trp tc energy owns the pipeline Any portions of the pipeline that had been installed underground in both the U.S. and Canada have since been dug up. So anyways, we’ll see. But it looks like it’s going to come back online. Yes, a lot of it. Okay, now, all right. The three that caught my eye this morning, I added them to the database. Amazon Web Services announced the Quantum Embark program on Friday, which prompted quantum computing-related stocks to skyrocket. And there are several of these quantum computing stocks. The first one I added to the app today is QUBT. It is a quantum computing stock. It is up 35% today. It’s an $814 million company. Now the reason it wasn’t in the app, it was languishing at $0.35, $0.50, $0.58. And then all of a sudden it woke up about two weeks ago. And now that we hear that Amazon is investing in the quantum computing space, this thing is hitting $8.20. It’s out of Hoboken, New Jersey. If I’m not mistaken, isn’t that where Frank Sinatra, I think Frank Sinatra’s hometown was Hoboken, New Jersey. Also quantum computing, right? They’re focused on providing software tools and applications for quantum computers. Okay, that’s number one. Number two is D-Wave Quantum, which is QBTS. QBTS is a $562 million. It wasn’t in the app because it was 80 cents, 90 cents. They went public in 2020. They’re headquartered in Palo Alto, California. home of the San Francisco 49ers, home of Stanford, home of pretty much the Silicon Valley, and home of one of the stations that we’re on, KDOW, out there in the Bay Area. We’re on every morning. in that neck of the woods. D-Wave Quantum symbol, QBTS, is up 7.2% today. It’s no longer an $0.80 stock. It’s now $3.12. So what will the app do with those two names added? Well, let’s go through the third name, and then I’ll talk about that. ARQQ is the third name, which is ARQIT. quantum ARQQ ARQQ is out of the UK United Kingdom and they’re a UK supplier of quantum encryption which makes the communications of any network device secure that’s a very important thing to do in today’s world okay so when they go in the app Number one, they will fit into one of the sectors of the market. And these are pretty much software stocks. One was in the electrical sector. So they will join that sector. So when you look up a sector, these will all three be in the technology sector. You’ll see their overall rank within the technology sector, number one. Number two, they’re all micro-cap stocks. So if you sort the market, my app, and say what are the best micro cap stocks right now, they’ll be eligible to come up in that screen, number two. Number three, they’ll get a rank in a few days here from a momentum point of view because we’re going to bring in the track record, the price history of the stock, and it’s going to be compared with all the other stocks within the database on a relative basis. And, you know, who knows, we may see some very good relative strength scores. Investors Business Daily uses a scale of 1 to 99. We use a scale, a grading scale, F minus. I don’t ever remember getting an F minus, but that is a possibility, I suppose, all the way up to A plus, okay, A plus. We’ll see where they come in. A lot of times where I first find stocks that are starting to maybe poke their head above the ground like a little corn seed or a corn sprout or something like this is in that A-plus momentum. So my database, every day after the close of the market, we update all the current prices of the stocks and all the earnings estimates and all the growth rates, blah, blah, blah. And a new grade is computed, ranked against one another. It’s a relative database, ranked one against another. And, you know, it’ll compare the recent track record of these stocks. Momentum is basically the last one month, six months, and 12 months. And they’re all weighted a little bit differently. And so anyways, those are the three stocks that have now been added. And I sent out an alert. I also put a little note against those stocks, and I’ll be looking at them and watching them. Okay, another story before we go to break. Former BP chief, Bernard Looney, who was the CEO of BP, he’s going to head a little data company called Prometheus Hyperscale. Okay, well, that doesn’t really mean anything yet, but Prometheus Hyproscale is one of the companies that signed an agreement with Oklo, a nuclear energy company backed by OpenAI CEO Sam Altman. So we do have a small position in Oklo in our emerging growth portfolio. So some pretty good fingerprints, some pretty good DNA in that company right now. We’ll be right back.
SPEAKER 05 :
You’ve got to go where you want to go, do what you want to do, and live forever. You’ve got to go where you want to go, do what you want to do, and live forever.
SPEAKER 04 :
And welcome back here to the final segment of today’s Best Stocks Now show. Palantir gets a target price upgrade from Bank of America, which is the owner of Merrill Lynch. Palantir’s price target, wow, they go from $55 to $75. That’s quite an upgrade there. It’s at $66 right now. I do five-year target prices, which coincides with the five-year growth rate that analysts also put out there on the street. And that helps me take a lot of the emotion out of the equation. And I just feel like things are more predictable over a longer period of time than they are during a shorter period of time. So when you look at the beststocksnowapp.com, you’re going to see five-year target prices. And as I’ve said before, to meet my valuation criteria, stocks have to have 80% or more upside potential over the next five years. That eliminates a large amount of stocks. that are in my database. The database currently has, let’s see where that database is at right now, 4,888. We’re closing in on 5,000.
SPEAKER 01 :
I added five or six this morning.
SPEAKER 04 :
You know, when do I add stocks? Well, when the new public offering, I try to find them as quickly as possible. A lot of times there will be news on a stock. I look up news, make sure it’s in the database. If it’s something that I don’t recognize, I go, man, I’ve got to add that to the database or not. And I added five or six small ones here this morning, including those three quantum computing stocks. uh stocks that we just talked about uh let’s take a look well speaking of five-year target prices apple perks up a survey shows iphone upgrade intentions improving i it’s not showing up in the in the in the target price for apple I do not own Apple because the last time I looked, it had 58% upside potential. Over the next five years, it’s currently at, let’s see, the valuation grade is a D-, a D-, with a, yes, 56% upside potential. I require 80 or more. Apple wouldn’t even be a hold for me. I don’t like the risk to reward ratio. Their growth has slowed way, way down. Now that doesn’t mean they’re not going to come up with a new product or something new. They need something. They need some kind of catalyst to kick that thing back into gear.
SPEAKER 03 :
Otherwise, they’re just selling the same things they’ve been selling. They do a great job at that, but you’ve got to have that next growth story and growth engine.
SPEAKER 04 :
Well, the only thing different about 16 versus 15 is it includes Apple Intelligence. Which, okay, does that help me? I mean, do I need to really run downtown or to the AT&T store and trade it just so I can get that Apple intelligence? Is there a big benefit in that? It hasn’t motivated me to go trade my net. Robinhood, upgraded to, you know, I like Robinhood. I had my doubts about Robinhood. And the reason why is they go after the small investor. I read that their average account size is $5,000. But they have a whole lot of them because their market cap is now $34 billion. And I think they probably have a pretty good market share amongst younger investors who just buy Bitcoin and lay on the couch all day, right? Don’t have to go to work.
SPEAKER 03 :
I was going to say, in… And those crypto fees are not cheap. I mean, you buy $100 worth of Bitcoin, you’re spending probably 4% to 5% for a fee. It’s much cheaper and much more expensive than buying an ETF or a stock nowadays online because stock trading is pretty much free. I would venture to say that Robinhood…
SPEAKER 04 :
you take away Bitcoin and they wouldn’t have probably… They got up as high as $85 a share. Then they went down to $6. Because I was right on my initial take on Robinhood. I said they’re going after the very small investor that doesn’t have a lot of money. That’s a skinny market to try to squeeze some kind of profits or margin out of, and I would say that it’s probably the crypto. I would say Robinhood follows Bitcoin’s price to some extent because Robinhood has been hitting the rise. Now, when I do evaluation on Robinhood, I come up with, last time I looked, 104% upside potential. Let me just check and see in the last few minutes we have here if it’s still above 100%. And I have considered buying the stock, which would be in our ultra-growth portfolio. That’s where that would fit. It’s not a dividend pair. It’s not a large cap. It’s not a little emerging growth stock. Yeah, I have 104% upside potential. So it qualifies as a potential member of the Ultra Growth Portfolio. The app has it as a strong buy. And the overall ranking of Robinhood right now, number 83 out of 4,888. And it has been under consideration by me, along with Interactive Brokers, IBKR. which I think also has a good share of younger investors, probably bigger account sizes, and more of an international audience because they let you trade in a lot of these foreign stocks. That one meets my criteria also, IBKR.
SPEAKER 03 :
And you can have an account with them if you are overseas in another country. They’ve got some different custody rules and other things that they specialize in.
SPEAKER 04 :
They’ve carved out a really nice niche at what they do now. Lastly, a couple new stocks in the AI space. Wedbush says that Snowflake and Elastic, these two, Snowflake and Elastic, are starting, the AI revolution is starting to hit the next phase of, And some of the stocks that should benefit from that are Snowflake and Elastic. So I also look at those stocks every day. Now we’re getting down into computer software enterprise types of stocks. And both of them, I know Snowflake had a big week last week. And lastly, Supermicrocomputer was up 78% last week as they fight to resolve those accounting issues. Okay. Man, I can’t tell you, hundreds of people have signed up for the four-week trial of the live trades and all the messages that go out from me during the day. Go to GundersenCapital.com. I also try to teach in those messages that I send out. And a lot of other folks say, I don’t have that kind of time. I’d rather have the Gundersen team manage our portfolios. Call us for a free review at 855-611-BEST. 855-611-BEST. Have a great day.
