Delve into the intricacies of today’s market with seasoned money manager Bill Gundersen, as he navigates through the significant financial events leading up to Valentine’s Day. This episode highlights crucial developments such as the implications of TikTok’s availability in US app stores, which has had a substantial effect on companies reliant on its platform. Leveraging his expertise, Bill examines the broader market trends including the resurgence of gambling stocks, propelled by strategic moves and strong customer acquisition. Additionally, the dialogue sheds light on the performance of both value and growth stocks within the cybersecurity and software sectors, focusing on
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 Friday, it is the Valentine’s Day edition. You know where your local flower shop is. Of the Best Docs Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here with Barry Kite, our chartered financial analyst. And just when it looked like we might be in line for another Friday fade, the market has actually perked up just a little bit here this morning with the Dow up 42 points right now, 44,753. The S&P, which broke out yesterday to the upside, I sent out that chart this morning, It’s up 9 points, 6,124. That’s a new all-time high on the S&P 500. So we have a breakout and a new all-time high. That’s something to take note of. The NASDAQ is up 37. It started off on the soft side, especially the AI stocks. But now it has improved. It’s up 39. It’s at 20,220. And if I’m not mistaken, that’s a new all-time high for the NASDAQ. Small caps up 14 points right now. That’s 60 basis points. The 10-year was down again. That’s helping markets out, equity markets. The 10-year is down another six basis points after a 10 basis point drop yesterday. And right now on that 10-year, we’re sitting at 4.48%. So welcome to the Best Stocks Now show on this Friday, February the 14th. You know, one you always have to circle on the calendar, February the 14th, you better. Valentine’s Day, you know, I’m sure the line at Walmart, the flowers are going fast or wherever, you know, 1-800-Flowers or whatever the case may be. I’m just reminding you all of this date today. We had a good day yesterday in the market. Really good day. And it’s because President Trump backed down or delayed some tariffs that he was ready to… to put on other countries. The market loved that, obviously. The Dow, by the end of the day, was up 343 points. The NASDAQ was up a whopping 295 yesterday. It’s following through a little today. and uh we are i think hitting a new all-time high on the nasdaq the s p was up 63 yesterday that was uh just four points short of the new all-time high but of course with today’s move we’re hitting a new all-time high on the s p 500 so things going well uh we’ve basically been bullish since 2009 earnings are driving the bus they will continue to drive the bus until The bus starts to swerve and the earnings start to slow down, which we’re not seeing any sign of yet. The Russell 2000 likes the big drop in interest rates. 11 basis points yesterday after the PPI report that did that. And today it’s down another four or five basis points. Gold closing in on… Yeah, retail sales today. Yeah, retail sales today is dropping it. Gold closes in on 3,000. Yesterday we had three huge winners. They’re not big positions here. App. is in our emerging growth portfolio dutch brothers is in our emerging growth portfolio and that darn aurora innovations which is in the uh the the the incubator portfolio it was up 46 yesterday so anyways we’re having fun are we having fun yet i hope you’re having fun We’re trying to do our best over here at HQ. So anyways, pretty decent day in the market yesterday. RFK is your new HHS secretary. Doge added another member. To their team, the co-founder of Airbnb. So he will be the next target. They’ll start going after him, I’m sure. January retail sales slide more than expected. You know what? By January, I would call it exhaustion.
SPEAKER 03 :
Right? I mean, especially this year.
SPEAKER 04 :
It’s like you’ve got to go on a diet after a big Christmas buffet. You know, all you can eat. Man, you gorge yourself. You know, January, you go on a diet. For a couple of weeks.
SPEAKER 03 :
Nowadays, you’ve got so much buy now, pay later. Honestly, probably for some folks, it’s a lot more popular now. You probably had some folks in January who were like, all right, let me get this thing paid off so I can start a new one.
SPEAKER 04 :
We’re not like the U.S. government. We can’t go just borrow more money from China or print more money. I mean, there comes a reckoning day. It was a pretty weak report, though. January retail sales down minus 0.9%. Okay, this is the second story this week that I have seen on surging prices. Power demand. U.S. electricity demand growth through 2027 will be like adding another California. Okay, that’s a sizable chunk.
SPEAKER 03 :
That’s an interesting way to put it.
SPEAKER 04 :
Maybe if we add Canada or Greenland, you know, we will be adding another California. I don’t know. But how much electricity are we going to need? A lot. A lot. or more precisely an unprecedented 3,500 terawatt hours for the globe over the next three years. That corresponds to adding more than the equivalent of a Japan to the world’s electricity consumption each year, according to the International Energy Agency, which by the way, if I’m not mistaken, they’ve been very bullish on wind and solar. You’re not going to get that kind of bump to your grid with wind and solar. I mean, it’s going to help. It’s going to put a dent in it. But with that kind of demand, you’ve got to do something different. And, of course, we’ve seen in the world something big and something quick by 2027. All right, that’s around the corner. And I still say that it’s a good investment right now to be investing in all of the different ways you can invest in nuclear. Your standard utilities, they’re not good investments. I looked at Dominion Energy yesterday. Over the last 10 years, you’ve made about 1% a year on a lot of these traditional utilities. Not good investments. You’ve got to be in the right utilities, the ones that are growth utilities. That’s what I would say. Growth utilities enable to really expand their output. So anyways… We are strong growth and electricity demand is raising the curtain on a new age of electricity. Electrification of buildings, transportation and industry combined with the growing demand for air conditioners and data centers is ushering a shift toward a global economy with electricity at its foundation. Well, the old windmill just is not going to cut it anymore out back. And it’s going to take solar, you know, it’s not going to cut it. It’s going to help. But it’s going to take big, big things. Bistra, NRG, Constellation Energy, Oklo, you know, Smart Modular. Just some of the ones that I would add to the mix there that could continue to be players down the road. And I saw an article on Tuesday or Wednesday talking about nuclear. I saw Trump talking with somebody. I can’t remember who it was. It wasn’t Modi. He talked with Modi yesterday from India.
SPEAKER 03 :
But one of those… He’s had so many people he met with.
SPEAKER 04 :
Parading in and out. But one of them was all in on nuclear. Billionaire Airbnb co-founder Joe Gebbia. What do you think? You think he’s a pretty smart guy? Coming up with the whole Airbnb concept?
SPEAKER 03 :
Yeah, right.
SPEAKER 04 :
Going to join Musk Doge. The Doge guys. The Doge boys. And we talked yesterday about… The, let’s see, January, February, January we spent, let’s see, where is that number? There it is right there. The federal deficit climbed to $127 billion in January. That’s just one month. That was for the month of January. Another $127 billion, and in basic numbers, we continue to take in about $4 trillion, and we continue to spend about $6 trillion. That’s just not going to work. Something’s got to give. So add one more person to the team, billionaire, billionaire Airbnb co-founder Joe Gebbia. being added to the team. He’s based out of Austin. He’s also a Tesla board member and a close friend of Musk. So, hey, at least we’ve got some pretty smart guys.
SPEAKER 03 :
Some more talent.
SPEAKER 04 :
No, I’ve seen arguments. What do they know about, you know, government spending? Well, I would just say, you know, and as someone said, we need forensic accountants. I would just say these guys are multi-talented in many different areas. You have to be to be a business owner. So anyways, I say more power to them. We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show. TikTok is back. You hear a ticking that’s back live on the Google and the Apple app stores in the U.S. Is it really?
SPEAKER 01 :
I didn’t know.
SPEAKER 04 :
I think it’s been working. I mean, it’s been working all along, but you just weren’t able to… New people that wanted to put it on their… their Android or their Apple. It is back. It’s again available for download in the US after President Trump delayed a ban on the app until April 5th, 2025. TikTok was removed from the app stores after the ban went into effect on January the 19th. And it has been dark. Oh, I guess it hasn’t been working. And, you know, I’ve got to tell you, it has really hurt a lot of the companies that depend upon TikTok influencers, right? Elf would be a perfect example of that. Elf had their worst quarter they’ve ever had.
SPEAKER 03 :
No, right. No, that’s right.
SPEAKER 04 :
And what did they blame? They blamed TikTok being down. We don’t own Elf. You know, Elf would be one. I continue to have a value-based fund on the drawing board. I’ve got about 10 stocks in it now. Elf would definitely be a value name at this point in time because they still have a pretty good franchise. And maybe with TikTok coming back online, they’ll get that thing moving again. But that’s something. I think someone’s going to end up with TikTok. Trump’s idea was to make it a part of the new sovereign wealth fund. which is being proposed by not only Trump but by our Treasury Secretary, Scott Bessem. I saw an interview with him last night.
SPEAKER 03 :
His house is for sale here.
SPEAKER 04 :
Well, how much is he asking?
SPEAKER 03 :
I think it was $22 million.
SPEAKER 04 :
Okay, yeah, well, all right.
SPEAKER 03 :
That pink house.
SPEAKER 04 :
My wife’s always wanted to live in downtown Charleston. I said, 80 days out of the year it floods. I said, no. No, I don’t need that.
SPEAKER 03 :
It floods and it doesn’t even need to rain. It could just have a king tide.
SPEAKER 04 :
A high tide comes up through the storm drains and all of a sudden you’ve got soggy shoes and soggy stocks in your portfolio. Who’s investing in what? I’ll tell you who moves the market more than anybody. You mentioned it this morning, Jensen Wang. Jensen Wang, the CEO of NVIDIA, he came out several weeks ago and blasted the quantum stocks. They were down 50% that day. I’ve never seen one person like that impact an entire sector. like he did well he disclosed that he’s been selling sound hound serve robotics nano x okay let’s just take a look at those stocks today sound hound which is ai uh you know creating voices whatnot Down 23% today. Okay. Serve, which I’ve been watching serve. They make the little robots that will deliver the food to your table over at IOP and whatnot.
SPEAKER 03 :
I saw a couple of them in New York, actually. Did you really? Yeah, this little thing. I turned a corner and almost ran into it. It was coming at me. It was like a server. It wasn’t Jeff, was it, on roller skates? As a kid, I was a big Star Wars fan, so it looks like some little Star Wars robot was coming at me. Was it carrying anything? Yes, so it’s got different shelves, and, like, literally, they just, I mean, it’s basically a moving platform that happens to be a robot. You put the plate on top, and it goes down and will go right in front of the table, and then you just pull it off.
SPEAKER 04 :
Okay, well, okay, Serv Robotics is down 38% today, and Nano X, N-N-O-X, we never bit on any of these. It’s down 12%. Now, he also sold a big stake in Arm. which is the UK AI chip maker. It’s only down 4.4% today. But now he also disclosed what he’s buying. Okay, that’s, let’s see. NVIDIA reduced his position. The new filings, he still owns stakes in Applied Digital. Okay, Applied APLD. We own that in our emerging growth portfolio. It’s up 11.5% today. Nibius, that’s the one you mentioned. We own that in our emerging growth. It’s up 10% today. Hey, that emerging growth portfolio is having one heck of a year. And RXRX, we don’t own. It’s up 14.8%. And the one that’s really popping today is WeRide. What is WeRide? Yeah. China. China company provides autonomous driving technology. We own their competitor. I guess we should have bought WeRide. Pony’s up 13%, though. It’s ponying up to the bar there for us. But WeRide is up 83% today. W-R-D. Actually, we had a listener or a follower actually email us and said, hey, can you add W-R-D to the app? maybe a week ago or so, a couple weeks ago. I did. And we have some good people out there, scouts. WeRide came public. Up 80%. Yeah. It came public last November at 15. It’s 31 today. Now, generally speaking, these big moves like that at the open, if you could get stock to short, they always come back to earth quite a bit. That happened yesterday with App. It happened with Dutch Brothers. And WeRite is already down $12 from its high, but it’s up 78% today after Jensen Wang. Now this is, okay, instead of the little waiter coming along with your pastrami sandwich, WeRite is going to be delivering people from place to place. We know that the autonomous vehicle, the code quite has not been broken yet. Waymo is trying, and of course Tesla is trying, and one that we talked about yesterday that we own, Aurora Innovation is trying, Pony is trying, WeRide. Those are basically your five big players in autonomous driving. Right now, which is almost like the people mover at Disneyland where there’s no driver. Okay, but there are cars rolling around Phoenix, San Francisco, Austin. different areas, and they’re trying to make that big breakthrough. And where I see it really happening is for DoorDash.
SPEAKER 03 :
Yeah, delivery, certainly first.
SPEAKER 04 :
Uber, you know, that’s going to be a big deal for them if they can do it. All right, so that’s Jensen Wang. Now, when Berkshire, now he still moves stocks, but not like Jensen Wang, no way. DaVita, which I don’t know why Warren Buffett, DaVita is a cross the nation kidney dialysis centers. He had a big stake in that. He sold half of it, did Warren Buffett. And let’s see what that’s doing to the stock. He’s not really one people watch anymore. DaVita’s down 12.3% on that news. You know, the only one he’s been buying lately really is Occidental Petroleum. All right. And one more here. Let’s see before the break. Now we’ll talk about it when we come back. This is the Best Stocks Now show.
SPEAKER 05 :
And the boys upstairs just don’t understand anymore. Well, the top brass don’t like him talking so much. And he won’t play what they say to play.
SPEAKER 04 :
This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. I put several hours of research in during the wee hours of the morning each day to bring you the very best cutting edge stories that I can. To get two free weeks of my newsletter, go to GuntersonCapital.com. To talk to us about our fee-based only money management services, call us at 855-611-BEST. Now, back to the second half of the show.
SPEAKER 09 :
Welcome back here to the second half of today’s Best Stocks Now show. Well, let’s just check on the market here real fast.
SPEAKER 04 :
ah yeah i’m seeing the friday fade we should have uh bought sqq uh about the time that rally ended and started to a turn that’s already the sunday fade we haven’t even finished the show yet no you know it’s just there’s just something about it sqq is is triple short you went and saw the 15 year anniversary of tqq right which is long than that triple leverage long yeah Now, it’s one of the best performing ETFs, probably the best. I mean, if you look at the 10 to 15-year.
SPEAKER 03 :
It’s the largest leveraged ETF out there. Actually, I didn’t know that. And it’s been around for 15 years, so they’ve been cranking it out for a while.
SPEAKER 04 :
Now, SQQ has been the wrong side of the street to be on. That’s been crushed. Oh, yeah. You know, I’m just playing this on paper. You know, when you see that rally start to fade on Friday, go take a bunch of SQQ, hold it till the close, because that just seems to be the trend here recently. Okay, you’ll be surprised, I’m surprised, that really Airbnb, it’s having a huge day. It’s up 15% today. It’s not been a very good stock. Okay, he may be a billionaire. But people that have bought the stock have not done very well. It came public. You know, it’s a great idea and everything like this. But, you know, it came public. I’m going to look it up here. It came public towards the end of 2020. Okay, the COVID years. COVID started to leave. Airbnb came public. About in the 175 area was where it came public. So now it’s been a public company for almost five years, four and a half years. It went public at 175. Today it’s 162. It’s down $13 since its opening day, which isn’t very good. If you look over the last three years, I mean, it got up there in the 200s. And so actually the last three years, it’s gone down by 5.4% per year, while the market’s been up 12.8%. It’s got a little momentum now. Over the last 12 months, Airbnb is down 8.3%. The market’s up 21.8%. So it has not delivered alpha. Now it’s delivering alpha today. But you know what? At the end of the day, it’s 10% grower, maybe 12% at best. It’s been profitable, you know, all along, really since day one, almost. It took them about a year as a publicly traded company to turn profitable. And despite the big day today, I show 70% upside potential, which does not meet our valuation criteria, and it does not meet our momentum and performance criteria, our alpha criteria criteria. We did take a stab at it at one point when it looked like it was going to really start to be a little bit more consistent. And it didn’t work out. And so, you know, it’s a good idea, but it hasn’t panned out well for investors. Now the next one has. And it took a while, though. But I’ll tell you what, these gambling stocks, gambling on sports stocks, which I remember my dad used to call his bookie. He had a little bookie somewhere. I don’t know where he was, El Centro or something like that. We’d bet a horse at Belmont in the third race that he had a hot tip on.
SPEAKER 03 :
It’s like my uncle at Thanksgiving.
SPEAKER 04 :
Yeah, or take the Chargers and six points to beat Oakland or whatever the case may be. Now it’s like wide open, right, out there in the open.
SPEAKER 03 :
Kids are doing it. You can bet in the middle of a game. So you can have a game that’s, you know, say we’re in the second quarter and someone’s creating a spread for that, and you can go ahead and, hey, I missed the missed kickoff. No problem. Just go ahead and get in right now.
SPEAKER 04 :
Well, Dave Portnoy is definitely one of the faces of all of this at DraftKings out of Boston. Look at that stock today, up 13%. hitting a new all-time high. This is a best stocks now, okay? There’s no question about it. You know, the growth, they trade higher after strong customer acquisition growth takes the sting off of an unfriendly NFL outcome. So, yeah, they wanted Kansas City to win. The bookies, the gamblers did. The big people taking the bets wanted Kansas City to win. But DraftKings is up… Now, I would own DraftKings, but I own Flutter already. And Flutter’s doing just fine, too. Look at Flutter today. Flutter’s up 5.1%. I own both of them, actually. But, you know, in a portfolio with just 20 stocks, you hate to own two in the same industry.
SPEAKER 03 :
And you’ve got 10%. Yeah, you’ve got 10% in the high-flying gamble.
SPEAKER 04 :
You’ve got to spread your bets around a little bit on that roulette wheel, right? So anyways, Flutter’s doing well. Flutter is actually out of Ireland. I mean, they kind of invented sports betting with the Irish sweeps, the big horse race and everything many, many years ago and gambling on horses.
SPEAKER 03 :
And the U.K. has been. I mean, they’ve had wide open camps. Wide open gambling, you know, for years. Yeah.
SPEAKER 04 :
Betfair. PDDY is Betfair. And, of course, you know, I went to the Breeders’ Cup last November with my wife out at Del Mar. We’re going to go again this year. We had a good time. That is basically Flutter Entertainment that runs that. Flutter is a $53 billion company right now. And DraftKings, which is the best stock now, what can I say? It’s $25 billion. It’s half the size of Flutter. But DraftKings is up 12% today after their earnings report, and Flutter’s up 5%. And they’re both breaking out to new all-time highs today. Roku, we owned Roku in the early days. They’re still, they’re hoping to turn profitable next year. That’s an issue I have with Roku, okay? You know, Roku, when COVID, they did well during COVID. And then we had that huge run after COVID that kind of ended in early 2021. And that was the year Kathy Woods had her big year. And these long-duration companies that are unprofitable but hoping to be profitable had a huge year. Yeah, Roku got up to $490. Wow. Since then, it’s hit 39. From 490 down to 39. Okay, it finally bottomed out in 2023. I like Roku. I think it’s a good product. I have a Roku TV that I enjoy. Their sales are still growing by about 19% to 20% per year. But they haven’t made a profit yet. They’re hoping by next year to maybe squeak out a profit. And therein lies the problem with Roku. $14 billion company. The street, like the report today, up 12.6%. Up 12.6%. They eye profitability in 2026. They delivered upbeat results and forecast. It’s not a best stock now because, you know, I mean, that’s a competitive business. How many of these? What competitors are there that Roku has out there? Okay, the next one is Palo Alto Networks, one of the kingpins in the cybersecurity, but not a good report. It’s down 5.2%. It seems to me that Palantir is the stock in that sector these days, and CrowdStrike. I mean, those two have really kind of pulled away from the pack. Palantir, and to some extent Snowflake has really started to pick up. And Snowflake has kind of the same DNA that ServiceNow has. I mean, look, the symbol has just got an S in front of it, S now, Snowflake. And, you know, ServiceNow is now. So it has the same DNA, a lot of the same people starting Snowflake that started ServiceNow, which was one of the great stocks of all time.
SPEAKER 03 :
And AI can shape, you know, will shape these, especially, you know, these cybersecurity companies, obviously Palantir, CrowdStrike. And the one kind of one bright spot on the Palo Alto report was, you know, they had some good encouraging segment of business, obviously, is on the AI front. So that’s why we’re in those other software names as well because of AI. Right.
SPEAKER 04 :
Right. So, you know, I mean, the lesson to learn there is, okay, you’ve got a sector in the market. In this case, it’s technology. Subsector is software. And then you break it down even further into the group that it’s in, and that’s the cybersecurity group. And there’s leaders in that group. I would add one more to the leadership side, CyberArk, C-Y-B-R. Palantir and CrowdStrike right now are the best stocks now in that sector, which is a best sector now. There’s no question about it. And there’s others that aren’t keeping up with the rest. We’ll be right back.
SPEAKER 08 :
You’ve got to go where you want to go, do what you want to do, and win whoever you want.
SPEAKER 04 :
And welcome back to the final segment of today’s Best Docs Now show.
SPEAKER 03 :
The love edition.
SPEAKER 04 :
Yes, the love is in the air edition of the show. You know, one of the guys that’s big that met, you know, I think like Trump’s first week in office, he had all those big AI guys there. He had the guy from OpenAI, Sam Altman. He had Oracle’s CEO, Larry Ellison. And he had SoftBank’s. uh ceo uh which uh it’s the guy’s son right yeah check right yeah yeah it’s uh masayoshi’s son and uh you know so softbank reported earnings the other day And I just looked at, really, when you’re investing in SoftBank, you’re investing in a lot of venture capital. Right. But a lot of publicly traded companies also. How have they done? Not very good.
SPEAKER 03 :
Didn’t they get caught up in the WeWork thing that kind of set them back a bit, I believe? Yeah.
SPEAKER 04 :
But, I mean, look, an investment in them 10 years ago, 8.3% per year. That’s terrible. I mean, the S&P is 19.3%. So I wouldn’t say that they have a real good eye for spotting future winners. I think they had some big bets, too, in a lot of the Chinese tech stocks like Tencent and Alibaba.
SPEAKER 03 :
Over the last… They’ve had some cloudy past, you know. I’ll say. I think it was WeWork that was involved. I mean, really, the only reason they got the return they have now is because of the company that you just mentioned, the English-UK chip company that… Oh, yeah, Arm Holdings. Yeah, Arm.
SPEAKER 04 :
Yeah, because they took them private and… Right, and then they rolled it out. Their last five years, they’ve averaged 4% returns per year. You’re taking a lot of risk in SoftBank, too. Because they’re not buying, you know, established. They’re kind of out there on the forefront. And 4% per year for the last five years, we’re taking a lot of risk. S&P is 16.2. Last three years, once again, 11.9. It got better because you had that ARM deal in there. But the market did better. The S&P did better. And over the last 12 months, you’ve made 6.9% in SoftBank when the S&P is 22%. I had a big competitor in San Diego. who was on the show right before me over at KCEO. He was a big proponent of SoftBank. He loved SoftBank. The symbol was SFTBY, SFTBY. You can buy it online. But it’s done terrible. What can I say? I mean, that’s pretty mediocre returns. Okay, let’s take a look at two more, and then we’re out of time for the week. We’re going to be about 80% done with earnings season by the end of today. Like I say, it’s been a good one so far because you started out this earnings season with expectations for 11.6% growth, and now we’re up to 16.2% are the expectations, with about 20% of the companies left to report growth. They’re going to start trickling in now. It’s not going to be these last three weeks, man. You know, in the mornings, I read all the news over the last 24 hours in the market. It’s been a two-hour job every morning because of all the news. It seems to me, too, that Seeking Alpha has picked up a lot more companies, even ones underneath the radar, which is good. I mean, that’s just fine by me because it brings my attention to something maybe early on. And they’ve also gotten more verbose, Seeking Alpha, on the earnings reports. I don’t read through the earnings reports, just the highlights. But I’ve been working. It’s put a big load on my time over the last three weeks this earnings season.
SPEAKER 03 :
Lots more articles.
SPEAKER 04 :
Oh, my gosh. JFrog. Okay. This is one that… Oh, I’ve watched over the years, you know. Hey, think about frogs. R-C-O-O. Remember she sent a picture earlier this week of her friend that opened up a can of string beans, took the lid off in the can opener, and there was a frog with the string beans.
SPEAKER 03 :
Surprise.
SPEAKER 04 :
That’s not good. I don’t know what brand it was. What brand was it? So I know not to buy that brand.
SPEAKER 03 :
Yeah, I’ll look at the picture, but I don’t know if you want to tell them.
SPEAKER 04 :
My mom used to put a little bacon in the string beans, you know, to flavor it up. But she never put a frog in there. J-Frog.
SPEAKER 03 :
I opened a can of soup yesterday, and I made sure. As I’m pouring it in, I’m pouring slowly. I’m like. I go through that stuff.
SPEAKER 04 :
Sunnyvale, California is home to JFrog. You know, it’s been an okay stock, really. They provide software guys. I’m going to have to ask Jeff. He’ll understand this. They provide binary repository management solution for software distribution to software developers, which I think it’s someplace where you upload the code and protect the code probably. Because the code is big. I mean, the code takes up a lot of space. We have code to the app. I can’t just, like, email the code to somebody. I have to upload it into somewhere. And it has to be safe so that nobody steals your code. I’m thinking that’s probably what they do. But, you know, it’s been a pretty good stock. It’s up 6.8% today. And the last one I’m going to mention here today is Applied Materials. Probably the oldest. They’re kind of along the lines of Intel, how long they’ve been around making equipment to build chips. AMAT has not been a good stock for a long, long time. They were a great stock in the late 90s, early 2000s. Now it’s a single-digit grower. What can I say? It’s a single-digit grower, and the returns reflect it. It’s up to you. I mean, you can invest in single-digit growers. I would put applied materials. I mean, if you’re looking today for the stocks of today that make that equipment, it’s obviously ASM Lithography out of the Netherlands and Lamb Research and probably KLA are the three leading chip-making equipment companies. All right, well, we’re out of time. We have had so many people sign up for the four-week trial. We’re having fun. You’ve heard some winners that we’ve produced here. This past week we had three in one day there that were all in that free trial. You can still sign up. I’m still keeping the offer open. Go to GundersenCapital.com. And, of course, people come to us all the time. I can’t believe how bad the accounts are from other people. Now, I’m sure there’s other good ones out there. We probably never see those because I just see a bunch of garbage portfolios that I’ve got to go in there and clean up and liven up. If you’d like to talk to us, 855-611-BEST. 855-611-BEST. Have a great day, everybody.
SPEAKER 02 :
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.
