He’s been seen on CNBC, the Fox News Channel, and the Fox Business Channel. His articles can be found on MarketWatch, Seeking Alpha, TheStreet.com, and many other places. He’s the author of the weekly Best Stocks Now newsletter and the inventor of the Best Stocks Now app. He’s president of Gunderson Capital Management. Here is professional money manager Bill Gunderson.
SPEAKER 02 :
And welcome to the Friday. It is the Friday, April 25th edition 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. We have a mixed start to the market today. Little damage being done in the Dow. It is down 197 points right now. which puts it at 39,896. The NASDAQ, on the other hand, is being helped by Google, but not much else. Google up after earnings yesterday. The NASDAQ is up 41 points to 17,207. The S&P is down 5 points right now to 5,480. And let’s not forget the recent low was down around 4,800, so we’re up 600 points from that low. More on that as we begin the show here in a bit. And we have got, let’s see, we’ve got the 10-year down a few basis points here this morning. We’re at 4.28% on the 10-year. We’ve got gold down a little bit. Gold has had kind of a sell-off week here, a little bit of profit taking there in gold. Gold is down around $3,040. And we’ve got Bitcoin. Bitcoin having another good day as it closes in on its all-time high once again. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here with Barry Kite, our chartered financial analyst. Well, we started off the week with the big spill, okay? And it was about the Jerome Powell spat.
SPEAKER 01 :
It’s kind of weird that the market would sell off on that, but it did. It doesn’t seem like we started the week like that either, by the way. No, because it’s been a good week since then. What a week it’s been. Yes.
SPEAKER 02 :
It’s been a good week since then, and I’m not seeing any progress with China. If there’s a negative, that’s the biggest negative out there. Not seeing any progress with Russia and Ukraine, whether that impacts the markets or not, probably not. But it would be good to see that resolved. That does not seem to be going forward. Doge found only $150 billion instead of the trillion that they said that they were going to find. That’s a big gap right there. But at the end of the day, it’s been about earnings. And, you know, look, since 2009, what can I say? Earnings have been going up on the S&P 500, and they continue to lead the way, and that’s why the market has remained so resilient. The NASDAQ had a monster day yesterday. It was up over 400 points, 458 points to be exact. The Dow was up 486 yesterday. ServiceNow had blowout numbers, and the software and the chip stocks had a very good day. Now, the chip stocks are weak today after a dismal report from Intel, which should surprise nobody. But I think really that the problems with Intel are really running deep and not going to be easy to resolve. That’s dragging down the chip sector here today. But we had that big day yesterday. We have the three-day win streak in the NASDAQ. So far, so good. We could have four days in a row. Alphabet is really the one leading the NASDAQ today, but not much else is participating in the NASDAQ today. Okay, now, is the bottom in? This is the question being asked on Seeking Alpha today. And I just want to go back a couple, let’s see, I’m going to go back to the last article that I wrote. And I have not written many articles recently. My time has been pretty constrained here. Yeah. It takes a good bit of time to whip one of those things out. Yeah, you don’t just knock that out in 30 minutes, all right?
SPEAKER 01 :
So anyways. Primary job is not a novelist, right?
SPEAKER 02 :
No, yeah, I’m a journalist, a writer, an author. That’s my side gig. You certainly don’t make much money doing it. I mean, it’s good, you know, I mean, I like to help people out and give my whatnot on the markets from time to time.
SPEAKER 01 :
Puts things in perspective sometimes, especially when it’s a macro, when you did, what, I think it was April 8th, I think is when it came out.
SPEAKER 02 :
Yes, okay, so I want to go back. Let’s see, April 8th, I believe, was a Monday. I just want to look this up on my calendar very quickly. Because I want to, yeah, okay, April 8th, that was a Tuesday. But, okay, so on Friday, April the 4th, that was probably the worst day. That was probably the pits of the market. And I remember that the S&P broke through 5,000. We went down to 4,800. And it was as grim as grim could be in the markets. And I went home. Well, I work from home, so I moved from my office to the living room. And I wrote an article, but I spent a lot of time. I actually went up north to my little hideaway where it’s quiet and no phones ringing, et cetera, a nice peaceful spot. And I really didn’t know what I was going to write. You know, I didn’t know if there was hope or not. And somehow I stumbled upon the interview between Tucker Carlson and Scott Besson. And that gave me total conviction, total peace, total comfort. And on April 5th, I wrote that article putting my neck on the line. Now, keep in mind that 4th of April was the bottom of the market. That was the bottom. And I wrote on April the 5th. that I didn’t say the bottom was in, but I said, I think the tariffs are going to work. This thing is going to turn around. Well, once again, Bill Gunderson, I was in within one day. One day. In fact, I wrote the article at the bottom of the market. Go back in time and look. The market is up 13% since that bottom. And I read, just for fun, I read the comments last night. I had 185 comments on that article. A lot of people don’t like Trump. Well, a lot of people don’t like Trump. And Trump had nothing to do with the article. It was Besant, okay? I don’t care whose Treasury Secretary Besant was. I don’t care if he was Obama’s Treasury Secretary, Biden’s Secretary. It doesn’t matter. The plan made total logical sense to a logical guy like me. I said, this is going to work. The market is going to turn around. And one comment says, well, you know, and I went back and I said, the only two other times that I’ve written bottoming articles were in 2020 at the bottom of COVID, in 2023 in January at the bottom of the NASDAQ. I’ve called three in a row, and I called the bottom in 2009, even though I wasn’t writing articles back then, but I did it in my newsletter. I said, a new bull market is being born. So that’s four for four now. Unless we go back and hit, you know, close below 4,800. Bill did it again. One guy commented, well, he just cherry-picks his articles for the times he was right. No, I don’t write that much. I’ve written one article this year. One, okay? And I’ve only written four bottoming articles, and all four of them have been right. I’m pretty proud of that. I was depressed on that Friday. I think the world and investors were like, nobody was at restaurants that night. Everybody was at home with their lights off and just depressed. Their 401ks were getting crushed. And that whole week was rough.
SPEAKER 01 :
Yeah, capped off by Friday.
SPEAKER 02 :
And anyways, so bang, Gunderson did it again, and here we are 13% higher since that article. And where are we at now? Well, you know what? I’m going to try to get an article knocked out this weekend because we’ve got a lot of earnings in, and we’ve got some important earnings in, and I’m being asked by Seeking Alpha to pump out another article, so I’ll do my best. But once again, I stuck my neck on the line during the darkest day in the market of 2025. And my headline was, I think the tariffs are going to work. And I also reminded people that I made bold calls during COVID and January 2023 about uh and i i said the the current tariff war will impact short-term earnings but long-term it aims to protect u.s industries and create jobs by encouraging domestic manufacturing and uh i said we’re going to have a market recovery all right so anyways now here we are today and uh so far so good so let’s take a look is the bottom end well Okay, I called it on the exact day I wrote the article. Now, it didn’t get published until Tuesday, but I wrote the article at the very bottom of the market.
SPEAKER 01 :
You featured it in the newsletter that weekend. Yes, in the newsletter I did a precursor. It’s exactly right.
SPEAKER 02 :
I actually wrote the article on Saturday, and I remember getting it done late on Sunday because it was such a depressing weekend, and I really had to do a lot of research and soul-searching. You may die hard. And welcome back here to the second quarter of today’s Best Stocks Now show. Now, I listen to the other so-called market gurus and podcasters, and I would say 90% of them have been absolutely wrong. about 2025, and they remain bearish. The tariffs are going to kill us. We’re going to go into a recession. We’re going to go into a depression. Inflation is going to come roaring back. Well, what can I say? They’ve been wrong. I’ve always said choose your gurus wisely. And speaking of that, the guru crew will be in Warrensville, Ohio. on Tuesday and Wednesday, May 20th and 21st. And not only that, we didn’t do a workshop in Sarasota. You guys are going to get a live, in-person, taught by me, and have my crew there helping me out, a little workshop on whatever the market conditions are at the time. We’ll talk about technical analysis. We’ll talk about valuations. We’ll talk about stock selection. We’ll talk about macro outlook. And that’s going to be Tuesday night at 7 p.m. That’s the workshop. It’s free, doesn’t cost anything, but you’ve got to sign up to get in. Call Edie at 855-611-BEST, 855-611-BEST. And then, of course, on Tuesday and Wednesday during the day, We’ll be meeting with folks that would like to have a little consultation with us about your own individual situation in your retirement, your financial planning, your current investments, your current portfolio, who’s managing it, what do we think of it, etc., etc., etc. Obviously, during a two-day period of time, those spots are limited. And they will fill up. So I would advise you to get a reservation early and call Edie at 855-611-BEST or go on our website at GundersenCapital.com. China ramps up cash injection as it faces tariff headwinds. That is the People’s Bank of China. He reaffirms a supportive policy. And, you know, the question is really is how long can China go? under this current situation, and we don’t know the answer to that. You know, Scott Besson is kind of toning down what he said earlier this week. He said that China has to give, but then he also admitted, I think yesterday, that there has not really been any serious discussions with China about uh recently so that’s where we’re at with china and they continue to be the elephant in the room in the tariff war that is raging throughout the world right now brought on by president trump Gold futures rebound as hopes fade for U.S.-China trade resolution. Gold ran up to $3,500. A little gluttonous there. Starting to come back some. And some are calling for $4,000 next year. Personally, I don’t know how you put a price on gold because it trades on something totally different from fundamentals and earnings and location, location, location. It seems to trade more on fear, fear, fear, and uncertainty, uncertainty, uncertainty. So if you’ve got a $4,000 projection, I guess you’re expecting more fear and more uncertainty.
SPEAKER 01 :
Uncertainty, right. Yes. Yeah, I mean, I guess I would say I’m just glad that it’s trading more properly right and we want it as a hedge against uh you know some of the tariff issues and thankfully it’s working working uh working of course today it’s down but that’s because we’ve heard a few uh you know heard a few uh i think before trump got on a plane uh he said a few words i think right right a little bit before we started the show but he’s headed to italy for the pope’s funeral this weekend And I think you may meet with some of the Italy leadership. Also, you mentioned Japan, that they’ve been having good talks there. Yes. Little bits of news, you know.
SPEAKER 02 :
Yeah, the other thing we found out here is it’s no longer in this environment that bonds are the alternative to stocks. It’s been gold. Gold has been the alternative to stocks and the hedge against stocks here. Now, that may be coming to an end here for a while because gold has gone on a wild run. But usually people rush to bonds, and in this case they went to gold instead. Apple to shift assembly of all U.S. iPhones to India by 2026. Well, I don’t know if that makes China happy. I don’t know if that helps. It doesn’t really accomplish what Trump was trying to do, bringing factories back to the U.S. of A. But they’re going to move everything to India. And India does seem to be coming around as a trading partner. I know Trump and Modi have a pretty good relationship. Modi and India have some of the stiffest tariffs in the world, and that seems to be giving. I have not heard much yet from Vance’s trip there, and if they’ve accomplished anything. But Apple’s shifting all their production. I don’t know what he sees, Cook sees in China that makes him want to get out of there. Maybe cheaper labor in India? I don’t know, but that’s a pretty big shift there. NVIDIA in focus as Morgan Stanley ups estimates, says inference demand is explosive. And I would still say, I mean, look, if you’re going to… There’s no question. If you believe that the semiconductor sector is one of the great sectors in the market today, by far, NVIDIA is the number one chip stock in the entire sector. And I am leaning in that direction with an article updating. We’ve made some pretty big calls on NVIDIA in past years, calling it the very best stock in the market today. Today, now that was yesterday, that was a while back, but I still believe it’s one of the best tech stocks in the world today. And, you know, NVIDIA, Morgan Stanley agrees that NVIDIA still got plenty of upside left in it. And I saw yesterday executives for Amazon and NVIDIA dismissed any concerns over demand for data centers powering artificial intelligence slowing down anytime soon. That’s according to a report by CNBC. And there has been a lot of talk. about the whole data center thing, Microsoft was slowing down their plans for data center, and other companies were mentioning things were slowing down. Well, according to the two biggest players in the data center space, NVIDIA and Amazon, They continue to see very strong demand and are looking both in the next couple of years as long-term and seeing the numbers only going up, said Kevin Miller, Amazon’s Vice President of Global Data Centers at the Ham Institute for American Energy Conference today in Oklahoma City. And, of course, they’re talking about at that conference, the energy that is needed. And I’m starting to see the nuclear stocks perk up once again. Talon Energy, Constellation Energy, and what’s the third one? The third one is out of Texas, Vistra Energy. So anyways, those energy demands are there, and they’re only going to get more furious and fearsome here going forward. We’ll be right back.
SPEAKER 07 :
This is Bill Gunderson.
SPEAKER 02 :
Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. I put several hours of research in during the wee hours of the morning each day to bring you the very best cutting-edge stories that I can. To get two free weeks of my newsletter, go to 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.
SPEAKER 1 :
Call out the instigator because there’s something in the air.
SPEAKER 02 :
And looking back here to the second half of today’s Best Docs Now show. It looks like we’re going to end the week on a weak note. The market has turned south here. I’m just going to take a look here. The Dow is down 350 points right now. Fridays have a tendency to be pretty volatile, as a lot of people want to clear the books for the weekend and go into the weekend flat, not owning anything, right? That seems to be kind of the trend.
SPEAKER 01 :
What is killing the Dow? Because you’ve got the NASDAQ basically just barely green.
SPEAKER 02 :
The killer of the Dow is nothing really. Nike’s down 3%. United Healthcare, which should be kicked out of the Dow, is down 2.8%, and Verizon is down 2.5%, so nothing really. The winner in the Dow is NVIDIA, up 1.3%. Okay, now, we’ve got Ozempic compounders suffer fresh setback as judge rejects injunction. Well, that’s good for Novo Nordisk. And NVO, the only thing I worry about NVO right now is tariffs. What are tariffs going to do for the Hollywood crowd? What do they call it, the Ozempic crew or something, all these Hollywood actors? They’re going to have to switch to Zepbound, an American-made drug. No problem with that. But Novo Nordisk, you know, Ozempic and the compounders, those days seem to be over. And, you know, Novo Nordisk has got a P.E. of 19 and is trading at only about 13 times, 12 times actually, forward earnings, 12 times forward P.E., My problem with it, the chart is dead in the water. I mean, I’ve never seen such a dull, lifeless chart. And, you know, it’s not like growth has slowed down. They’re going to report on May the 7th, their first quarter of this year, their earnings were up 21% and their sales were up 22%, and it’s trading at 12 times forward earnings. So if you really believe in the drug, which I do, and believe that they’re going to continue to grow, you definitely have to take a look at NVO at this point in time, which is clear down to $61 a share. It was at $140 last August. It’s done about 60% from its high. That’s crazy. Okay, the other one that we own that’s been all over the map, but it’s been red hot here recently, Pony. It’s a very tiny position. It’s in our emerging growth portfolio. It is a Chinese robo-taxi stock. And they’re teaming up with Tencent. The stock was up way a lot this morning. Now it’s even. But in the last two days, it’s up about 50%. It went public at 13%. It recently hit 4%. And now it’s back to 750. The symbol is pony, P-O-N-Y. We still haven’t seen that breakthrough, Barry, in the robo-taxi. I mean, it’s going on in the Bay Area. Waymo seems to be the leader right now. And Google we’ll talk about here in a minute. They were the big winner today so far after their earnings. But Tesla has not really made much advancements yet in the robo taxi. I was surprised to hear from Google’s CEO how much a robo taxi cost. He said they cost about three or four times as much as a Tesla when you’re making the small batches of them. Now, obviously, if you’re going to roll them out… That makes sense.
SPEAKER 01 :
And he also said… And the R&D cost depends on how you distribute that R&D cost across each unit, I would imagine.
SPEAKER 02 :
So, I mean, I’m just doing the math in my head. To build one of those, a Waymo Robotaxi is $250,000, $300,000 somewhere in that neighborhood. Yeah. Someday, I mean, they’ll be mass produced, I suppose, if they crack the code and break through the… And I know that the Trump administration, the Secretary of Transportation, is kind of lowering the standards and the regulations a little bit. There’s been some very heavy constraints on rolling out the robo-taxis, which makes it difficult to get the bugs worked out. Then again, you hate to work out the bugs with people in the cars and people crossing the street, etc. But so anyways, the U.S. Transportation Secretary Sean Duffy on Thursday introduced the National Highway Traffic Safety Administration’s new automated vehicle framework aimed at slashing red tape. I got no problem with slashing red tape. And accelerating the rollout of self-driving vehicles for commercial use. I would think that would be a big thing for the whole industry. And, of course, Amazon’s a player with their Zooks. Tesla’s a huge player. Google’s a huge player with Waymo. And Pony is a huge player. WeRide is a huge player. And that little one, I can’t think of the name of it right now, is another player in Robotaxi. Now, Google, okay? G-O-O-G-L, which changed its name to alphabet. I guess they think they own the alphabet. You know, you can buy a letter.
SPEAKER 01 :
You can buy a phrase.
SPEAKER 02 :
You can buy a term.
SPEAKER 01 :
They may have copyrighted that thing.
SPEAKER 02 :
Somewhere I read that if you buy the word financial planner, so when people do a search, you come up in the top 20 or 10 or whatever. That’s one of the most expensive words. phrases to buy in the entire market and i’m sure there’s others that are very very expensive but on the other hand alphabet makes a lot of money off of that and they reported a very solid quarter with their earnings up 26 percent year over year uh their sales up 12 percent year over year And I would also say that it is a cheap stock. I mean, it’s trading at a forward PE of 16. Keep in mind that the S&P 500 is trading at about 20 forward PE. So you’ve got Google, G-O-O-G-L trading at a steep discount to the overall market. But they’ve had a lot of problems. I’ve never had much luck investing in Alphabet. My timing is always wrong on it. They’ve been accused, and I think they’re in court now over the antitrust and being a monopoly and all this and that. They’ve misfired on AI. They’ve had a lot of issues. Waymo’s had its issues. But I would say that that’s a pretty good bottom in Google right now on Alphabet. We don’t own it. It’s a dividend-paying stock, believe it or not. It pays a half a percent. You could own it in a dividend. I certainly would rather own that than like agency or one of the REITs. I would much rather own Google and get a half a percent dividend and hope for more capital appreciation. It hit its all-time high not too long ago, just three months ago. And it sold off by about 20%. It’s been in a 20% correction. So I’d say if you’re a Google fan, it’s a $2 trillion stock, $2 trillion. This would be a good entry point into it, trading at just 16 times forward earnings and a good, solid earnings report. And once again, I mean, look, earnings trump Trump, okay? I mean, yes, when Trump says things, it moves the markets big time. When he says something nasty about China or something, calls Jerome Powell a moron, this kind of stuff, it doesn’t help the market. But when all is said and done, Google’s earnings and the earnings of the S&P 500, it will be interesting as I write the newsletter this weekend where we’re at. I personally don’t think there’s been any real material impact from this earnings season. You would expect a lot more warnings on tariffs than we’ve seen.
SPEAKER 01 :
We have really not seen… With anything, you’ve had some forward buying. I mean, you’ve seen some. I’ve seen some consumer sentiment, for example, today came back surprised higher. So sentiment’s getting kind of a little bit more back to normal and… And, you know, some of this stuff actually pulled sales forward for some companies, right, in terms of buying things before potential tariffs would kick in. So there’s been some mixed signals and mixed things along the way. I think with Google, I think the biggest headwind is AI, right, because, you know, they’re the ones that stand the most to potentially get disrupted because of their research. Yes, by chat, GPT. Yeah, and the problem with everything AI, right, is it all involves search to begin with, right? And so they are under attack. And that’s why you’ve got that 16, you know, whatever multiple. And if you think Google is going to weather that storm, then, you know, that could be a nice entry.
SPEAKER 02 :
Yes, and so much for these companies blaming consumer sentiment on their weak quarter. You had Chipotle do that, and you had Procter & Gamble. Oh, the consumer is real. Well, I don’t think so. Maybe you’re just not executing. And by the way, a burrito bowl at Chipotle, about $11. About $11. And if you want guacamole, that’s going to cost you more. Okay, and queso, too. We’ll be right back.
SPEAKER 07 :
On a winter’s day And welcome back here to the final segment of the Best Docs Now show. Well, the new CEO at Intel certainly has his work cut out for him.
SPEAKER 02 :
Their recent report, their sales were absolutely flat, $12 billion versus $12 billion, the same comparable quarter last year, but their earnings fell by 28%. Listen to their last four quarters earnings. Earnings down 85%, earnings down 212%, earnings down 76%, and earnings down 28%. You would think there’s nowhere but up. I mean, if you’re a good turnaround person, this is a good project to take on, right?
SPEAKER 01 :
That’s a tough one to show up to every day, right? I mean, golly. It probably feels like the Boeing. I mean, I guess if you look at anything, at least maybe they could look at the Boeing CEO when they took over. This one is worse than Boeing. Exactly.
SPEAKER 02 :
This has gone from 50 down to 20, 50 down to 20. That’s a 60% drop since March of 2024. So we’re talking one year. And the outgoing CEO asked everybody to pray and fast, which I’ve never seen in my entire career. Ah, it’s been as high as 65. That’s its all-time high. And Intel slumps after Q1 results. Company cuts spending forecast to improve efficiencies. Just a lot of bad decisions. What can I say? And not keeping up with the Joneses. And in this case, the Joneses are AMD and NVIDIA. And NVIDIA, I mean, is by far and away… NVIDIA has no competition. I mean, AMD is not competition to NVIDIA. AMD is better than Intel by far, but their results show that there’s no quick fix for the chip giant. CEO Lip Bhutan is going to need time to fix the historic inadequacies that need to be rectified. Tan had to write a letter to shareholders focused on improving Intel’s execution, transforming its culture, refocusing on the company’s core product franchise, building trust with its foundry customers, reigniting innovation. There’s the key right there, reigniting innovation and allowing engineers to lead the company. Alright, okay, so they’ve got their work cut out for them. Now that’s a special kind of investing there. It turned out, you know, nobody knew, there were a lot of attempts made at turning GE around. And most of them failed until the right guy came along, Larry Culp, and you could have made a heck of a lot of money. investing in larry cope when he took over ge you could have made a heck of a lot of money when patrick doyle came in and took over the reins at domino’s pizza it doesn’t matter what industry you get companies that are down and out and you bring in turnaround experts and uh If they’re good, you can make a whole heck of a lot of money. So if you’re a contrarian investor, this would be for a contrarian investor that goes against the grain. Your forward PE on Intel is 20. If you believe the earnings are 92 cents for 2026, it’s still trading at 20 times forward earnings. But I’ll bet if you looked at price to sales, price to book, and all that, it’s dirt cheap. I don’t have it in me to be buying Intel at this level. It’s only an $87 billion company now. I consider a large cap nowadays to be $100 billion. This is a large mid-cap. They don’t pay a dividend. So there it is. I mean, if you want to buy a stock that is about as down and out and hated as much as Intel is, this is the time to step forward. Now, the one that’s hurting us today, I can’t believe this, because T-Mobile… Pick up some HP while you’re waiting.
SPEAKER 01 :
Yeah, HP’s another one.
SPEAKER 02 :
But we’re being hurt by T-Mobile today. You know, they’ve had a history of just having great quarters. And this one wasn’t, I mean, I thought it was pretty good. After post-paid phone ads come below expectations, the stock is down 10.7%. I actually added a little bit more for new clients yesterday. It’s in our premier growth portfolio and our dividend in growth portfolio. And you know I don’t just talk about the winners. I think T-Mobile, we’re in it at 258, and it’s 234 right now. So, I mean, it’s not a big loss or anything. The batch I bought yesterday is down 10.8, but I still think it’s a very good quality.
SPEAKER 01 :
Inexpensive growth stock.
SPEAKER 02 :
Okay.
SPEAKER 01 :
I mean, they had strong top line and bottom line numbers. It just, you know, they had that note about post-paid. What is a post-paid phone? I mean, post-paid phone. Post-paid phone. Like, yeah. Additions. Right, so. Right. So that’s, to me, I don’t see how that should clear off 10% of the… Verizon also reported a total post-paid phone net loss.
SPEAKER 02 :
And AT&T had 290,000 wireless post-paid net ads, beating the estimate of 280,000. But that seems to be the problem. They didn’t add enough post-paid customer additions. It was only 1.3 million. They were expecting more than that. So there we have a loser today. It’s down 10.9% on the day. I don’t expect I’ll do anything. You just have to ride through stuff like that from time to time if it’s a good company. Now, if it’s becoming an Intel or if it’s becoming a Hewlett-Packard, I certainly don’t see that happening. And then the one last one here that’s reported today, Schlumberger is flat. And that’s the way I see the energy sector right now. Nothing too exciting there in the energy sector. They’re cheap. I mean, Schlumberger is trading a PE of 10. But with oil at $62 a barrel, it’s pretty hard for me to get excited about energy stocks. Well, we’re out of time. You better reserve a spot for Cleveland. Those appointments are going to fill up two days in Cleveland, May 20th and 21st, and a workshop on Tuesday evening at 7 p.m. at the Marriott in Warrensville, Ohio, which is just west of Cleveland there. And we’re looking forward to our first road trip to the Cleveland area. And hopefully we’ll be able to meet a lot of our Cleveland listeners in that area and be able to teach them some stuff. Maybe you can learn something from the crew coming in. 855-611-BEST, 855-611-BEST to get the four-week trial, which is the newsletter, the live trades, the whole enchilada, GundersonCapital.com. Have a great day, everybody.
SPEAKER 04 :
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.
