Join professional money manager Bill Gunderson and co-host Barry Cotter as they delve into the latest market dynamics, analyzing the impact of possible rate cuts amidst fluctuating job reports. With insightful discussions on economic indicators, gold, and Bitcoin, this episode sheds light on market trends and what lies ahead for investors.
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 Thursday, the Thursday, December 4th edition of the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. I’m here with Barry Cotter, chartered financial analyst and certified financial planner. And we now are in the red after starting off slightly in the green. We’re slightly in the red right now. As I think the markets yesterday probably pricing in a rate cut next week. And, boy, I’ll tell you what, if we don’t get one, I don’t think the market will be very happy. Right now the Dow down 42 points to 47,840. The NASDAQ is down 34 points. S&P down three points, just three points right now, to 6,846. The Russell 2000 is down a third of a percent. We’ve got the bond market moving up a little bit. Interest rates up three basis points today. I think probably on the stronger than expected initial jobless claims. That was good, showing some progress in the jobs market. And who knows, that may cost us the rate cut next week. We’ll just have to see. We have gold up a little bit and Bitcoin up a little bit. It looks like a December doldrums kind of day right now so far in the markets. So welcome to today’s Best Docs Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management, a nationwide fee-based only money management registered investment advisory firm and financial planning firm. We pretty much are a one-stop shop here at Gundersen Capital, and we try to, you know, do a good job at both financial planning and the investments of those businesses. financial plans we have kind of you know yesterday i don’t sell any annuities though no we don’t know no insurance products or no asset allocations that kind of thing but we do do asset allocations but the allocations we use we try to pull from individual bonds instead of bond funds
SPEAKER 03 :
And tailoring it individually to the person’s situation, not just based on an age, as you’ve always mentioned.
SPEAKER 04 :
No, there’s much more than age involved in my book. Well, you know, I really feel strongly that yesterday the market, we got some weak jobs reports, I would say, more layoffs than expected, blah, blah, blah. Private payrolls were down. And the market really placed a pretty big bet yesterday that it’s almost a sure thing for a rate cut next week. I wouldn’t, you know, I still, I’m at 50-50 on the whole thing because there is some, there’s some dissent. Yeah, it’s going to be close no matter what.
SPEAKER 03 :
It’s going to be very close. Yeah, so.
SPEAKER 04 :
And if the market doesn’t get that rate cut, it’s going to take all of this, what it has built into the market here over the last several days. And you’ll probably see a pretty good sell-off if he does not come through with the rate cut next week. That’s just my observation. The market really picked up steam late yesterday on that week jobs report. And then I would say today you got probably a little bit stronger. then expected jobs report, you had the initial jobless claims come in at under 200,000. And now, okay, that scale that I talk about, it’s tipping towards jobs. Is it tipping towards inflation? We do have definitely a bit of a weakening job market, but definitely not recessionary or anything like that. And on the other hand, prices are still elevated, but inflation is down to about 3% now. So, you know, that’s the beam that’s tipping one way or another day by day, the market reacting to that. It just shows you how much pull, how much weight the Fed has with their interest rates. And that’s what the market’s looking to right now. The earnings, which are kind of right in the middle of that balance beam, they’re solid. We don’t have an earnings problem at all. The forward P.E. of the market with the up move yesterday closed at 22.57%. With 23 being the top here over the last five years, of course, nothing’s set in stone, but that has been the top. So that doesn’t leave a lot of room to get back to that 23 level. That would put us at about 69.75, just shy of 7,000. So that’s what’s in play right now. We had a couple of good earnings reports after the close and one that I thought was good but not good enough for Wall Street. They have lofty expectations from great growth companies out there. And that’s the case with one of those earnings reports, which we’ll get to later today. There was also some news out there on Microsoft that the tech giant is cutting software sales quotas tied to artificial intelligence. It is a member of the Dow that’s caused a little bit of weakness here in the markets. And you’re seeing a little bit of weakness in the bond market today after we saw that initial jobless claim report.
SPEAKER 03 :
Yeah, that weekly jobless claim coming in at 191. I had to kind of do a double take and think if it was for 291 at first when I looked at the number. But it was kind of a weird week because it’s a short week and sometimes you get some weird numbers. So it’ll be… It’s a data point, and we’ll get another one next Thursday.
SPEAKER 04 :
Yes, and I can’t remember the last time we were under 200,000. Now, we watch that every Thursday.
SPEAKER 03 :
Oh, it’s been a recession watch. I heard the date today. It’s been a few years. Yeah. It’s been a couple years since it’s been that low.
SPEAKER 04 :
So anyways, yesterday a weak report, today a strong report.
SPEAKER 03 :
Most importantly, though, on there, Bill, because we talked about it yesterday, those continuous claims actually went down. which is a good sign in terms of those have been kind of sticky as of late, and that’s been one worry in terms of jobs in the economy.
SPEAKER 04 :
Well, Putin said no. They tried. In fact, you had Rubio in Moscow talking to Putin. But no breakthroughs at all. Putin is standing firm or sitting firm over there. And in the meantime, the EU continues to buy his oil and his gas, mostly his gas, I guess. and help finance his war against Ukraine. And on the other hand, of course, they continue to supply Ukraine with weapons. November U.S. job cuts, that was another strong report. The job cuts were down 53% from the previous month. But year over year, they were up 24%. So you also have to put that into context. And the bond yields, they’re reacting to all of this. But Japan is a little bit separate issue. Japan’s bond yields continue to move higher, and they’re even talking about a rate hike, which I’d have to look that up the last time the Japan Central Bank hiked interest rates. But they do have a new leader over there, and that Japan bond yield, the little spike there, it is worrisome to the AI stocks, the growth stocks, Because it’s been carrying the carry trade, which is borrowing low. Literally. And buying into growth. And with the spike in Japanese bond markets, not very much. There’s still low rates on a relative basis. But… maybe it cuts into the carry trade a little bit. There’s talk of Scott Besson. If Hassett, Kevin Hassett, were to be named, he’s the big heavy favorite right now in the Kentucky Derby futures market, right, for the… On the calci? Yeah, on the calci market. uh besant’s or uh he’s at 82 percent has it well that would leave uh head of the economic team and opening there and uh there’s a lot of talk about besant which i’d be all for even as the asford it was like he’s going to stay on as a treasury secretary just take over the gig and he does trade negotiations he’s there on the trading team he didn’t go to moscow to try to bring out But he’s the man of the year for me as Scott Besson.
SPEAKER 03 :
The only thing is, when I start seeing these headlines sometimes, it scares me because I see, you know, it kind of says, you know, Besson’s influence expanding. And I’m like, oh, I don’t want to. I’ll say. If the president sees that, eventually your star can only get bright enough. So it’s like I don’t want him to be too bright, but I want him to have a role.
SPEAKER 04 :
Trump does not like to be outshined by anybody. Okay, now there was a meeting that went on in the White House yesterday that was pretty dang important. Behind closed doors, I believe, and it was between Donald Trump and Jensen Wang, the CEO of NVIDIA. And there was some news coming out of that meeting. It has to do with will NVIDIA have access to China’s markets or not, and we will talk about that when we come back. This is the Best Stocks Now show. Best Stocks Now
SPEAKER 07 :
Thank you.
SPEAKER 04 :
And welcome back here to the second quarter of the Best Docs Now show. U.S. President Donald Trump praised NVIDIA CEO Jensen Wang, calling him a smart man. Yeah, I guess so. Following a private meeting on Wednesday where they discussed U.S. chip export controls to China. That’s a hot item. That’s a very hot topic right now. They seem to be talking often. Yes, you had NVIDIA’s market share in China go to zero. Trump stated that Wang knows very well and has done an amazing job at NVIDIA. Now, Wang had praise for Trump for sticking his neck out to help the nation prioritize energy as necessary for economic growth. Jensen Wang’s got an interest there in energy. Of course, his chips suck up a lot of energy, and he’s trying to make sure there’s going to be plenty of energy in the future, whether it’s natural gas, whether it’s coal-fired plants, hydroelectric, nuclear, to keep those data centers running. And then Wang went on. And we’ve got to keep them cool. Yeah, and cool.
SPEAKER 03 :
We found out about the glitch that we had last week in terms of the place getting too hot.
SPEAKER 04 :
That’s right. And then Wang went on to the Joe Rogan experience. I would like to listen to that. I’m sure it’s maybe on YouTube by now or TuneIn or one of those. He said that the current growth of the AI industry in the U.S. could not have been possible without Trump’s proactive policies. And the fact that Trump came into office and the first thing he said was drill, drill, drill. The point is we need energy growth. Without energy growth, we can have no industrial growth. And he says that saved the AI industry. So anyways, now as far as the accessibility issue, by China of NVIDIA chips. Well, there was a bill that was being written up that would have banned it. They removed that from the bill. It’s a bill about something else. It’s the Gain AI Act. And they took that out of there, which could be a big win for NVIDIA. meaning that they haven’t really decided yet, and there still is a chance. Now, NVIDIA was up a little bit here this morning. I think it’s still a big iffy up in the air kind of thing, but NVIDIA is up a half a percent right now. hoping that they can have access to the Chinese market. The question is, what will China do with those NVIDIA chips? Will they use them in their cruise missiles aimed at us or other enemies or in their battleships that they’re building? That’s probably what it comes down to is, uh, China using them in their defense, uh, system and us not wanting them to have those chips.
SPEAKER 03 :
Yeah. I mean, I always, I use it as a throttle down, right? I mean, I, I, I mean, obviously they didn’t want, uh, didn’t seem like they want really that throttle down version as much, but, you know, we still a lot of, uh, over the years we’ve sold a lot of, uh, you know, F-16s and other things that can’t hold the exact amount of payload that our F-16s can hold. So, I mean, it’s been done over the years, particularly for military purposes.
SPEAKER 04 :
I was looking at charts yesterday, and we got out of Netflix not too long ago for a pretty decent profit. And I go, that’s not a very good chart on Netflix these days. What is going on? Well, it’s because they’re now the leading candidate for, is it Paramount? Let me get back to it.
SPEAKER 03 :
Oh, well, Warner Brothers Discovery.
SPEAKER 04 :
Warner Brothers, which has been a dog of a stock. Warner Brothers Discovery.
SPEAKER 03 :
If somebody could make it work, it’d probably be Netflix, right?
SPEAKER 04 :
If anybody can make it work, it would be Netflix. That’s no question about it. But the street doesn’t like the fact. that they would buy such a dog, but it depends on how much they pay for it. Last time I looked, Warner Brothers Discovery had a ton of debt. Netflix has been down about 6% or 7% since they started bidding on this. And it also looks like right now that they may end up with it. There’s one other one, Paramount, which is now called Skydance. Those two, both those stocks are sinking as they forge to the lead in the quest to buy up Warner Brothers. Okay, how about slipping and sliding away here? Waymo announced on Wednesday that it’s beginning manual testing of its autonomous vehicles in four new U.S. cities. What do all these cities have in common? Baltimore, Philadelphia, Pittsburgh, and St. Louis. They get snow. They get ice. They have cold weather. The Rust Belt. Can Waymo handle… Look, I remember I grew up in Southern California. And when I drove my car up to go to college in Utah, I remember putting on my brakes at an intersection with the red light, and I went sliding right through that intersection, Barry. I found out that brakes don’t work. on ice you have to prepare in advance you have to start pumping the brakes and get stopped if you think you’re going to put on the brakes uh right at the end as you enter into as the as the light is turning red no you’re going to slide right through that intercept i look like an idiot of course i had california plates and everybody’s pointing at me and going you idiot you But what about a Waymo? What about an – are they going – they’ve got to program that in.
SPEAKER 03 :
That’s where – I mean, that’s where I’ve – even electric vehicles and our listeners in Cleveland, Detroit, and Minnesota certainly can attest. I know some of those electric vehicles have trouble, particularly in very, very cold weather. And then, yeah, when conditions are varying, right, how – I mean, humans aren’t great at driving that either, so how are we going to train the – there’s so many variables. It can’t control slickness.
SPEAKER 04 :
It seems like these Waymo cars have been trained in California, in Arizona, Los Angeles, Atlanta, Austin, Texas. Those are all warm cities.
SPEAKER 03 :
I was reading a story where they’re getting more aggressive in San Francisco. So they kind of, you know, there’s always been a joke that they’re a very conservative driver. And now, you know, I think one got pulled over for doing an illegal U-turn. They’re kind of going around delivery vehicles. So right now, there is no one gets the ticket, actually, in the future. It’s going to change. I think at some point in California, they’ll actually, I guess, they’ll charge the Waymo or the company.
SPEAKER 04 :
Yeah, they’re getting aggressive. They’re starting to honk at people and stuff, you know.
SPEAKER 03 :
They’re learning.
SPEAKER 04 :
They’re training on New York taxi cab drivers. Well, the EU regulators never, you know, they’ve always find something. Now the European Commission, the EU, has opened an antitrust probe. into meta platforms new policy on ai providers access to whatsapp they say it may breach eu competition rules Yesterday they were going after Nike for making false climate change claims in their ads in Europe. So what will Europe think of next? You know, you’ve got to keep down the antitrust and the monopolies, but they definitely are known for heavy regulation. We’ll be right back. 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 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 06 :
And welcome back here to the second half of today’s Best Stocks Now show. A couple of smaller stocks. I have noticed that the rarer stocks, after a pretty hefty sell-off,
SPEAKER 04 :
And that’s going to be the nature of the beast for the next several years. Those are long term. You know, the definition, Barry, it used to be. Long duration. Well, we used to kid back like way back when the Vancouver mining stocks. It was a hole in the ground surrounded by liars, right? And there were a lot of penny stocks. There was a lot of abuse in the mining stocks, a lot of fraud that took place. Now you’ve got rare earth. I don’t think that has not been an area. I see most of the weird moves in the market and like a stock up 200% in a day. It’s usually the Chinese stocks. There’s definitely manipulation that goes on. in a lot of those cheaper China stocks that trade here in the U.S. But the mining stocks, I haven’t seen that so much, especially the ones that have something under the ground, gold, silver, copper. Copper is hitting new all-time highs in price recently. But obviously, lately, it’s been the rare earths and even the lithium to some extent. There’s another one here that came up, Contango. I’ve heard of this stock before. It was mostly an oil and gas stock, but it made a big move yesterday. C-T-G-O, Contango Ore, said that it’s Johnson Tract Oil. uh… critical metals project in alaska was accepted as a covered project under the u s government’s fast forty one permitting framework and there’s another one to that’s on in that same area i can’t remember which one it is a might be uh… it might be uh… let’s see i can’t think of the name of right now but contango is it gets covered and that’s another you know trump is also pushing that heavily that rare earth, trying to find rare earth here in the U.S., so we’re not so dependent on China. And, of course, it’s like finding a needle in a haystack, but we are, you know, MP Materials is one. But I was looking at the chart of CTGO, which I’ve got to add to my app. I don’t think it’s there yet. That’s a pretty good chart on CTGO. It’s only $385 million.
SPEAKER 03 :
It is a micro cap. Well, as you say, stock prices follow earnings. I mean, their earnings are 2025 earnings growth, 256%.
SPEAKER 04 :
Well, the thing I like about Contango, they do have gold, too, and they’re in Alaska. They’re headquartered in Anchorage, Alaska, 168,270 acres they have. And a 4.86, too.
SPEAKER 03 :
4.86 forward P.E. ratio is fairly palatable in this 22.5 times market.
SPEAKER 04 :
I don’t see any earnings over the last four quarters, but those are the estimates for 2020.
SPEAKER 03 :
Yeah, they’re supposed to do 527, I think, this year. Yeah, that’s kind of strange. When that comes, we’ll see. We’ll see.
SPEAKER 04 :
But you can add another one. I do have a little list of charts that are rare earth. I’ve noticed some positive moves in UUUU recently and RETC and a few others out there, USAR, some of the antimony stocks. So you’ve just got it. This is like really, really speculative news. I mean, they’re digging in the ground looking for these rare earth minerals. And, you know, I think they’re called rare for a reason. They’re not easy to find. But they seem to be associated with, number one, lithium in the desert, you know, the Utah desert, the Nevada desert. And number two, they seem to be associated to some extent with coal mining. And thirdly now, Alaska may be a big frontier. Isn’t it a lot like Greenland? I mean, if Greenland’s got them and Siberia. Yeah. And then there’s a big European producer. I couldn’t find the symbol on it. I’ve got to do a little research on that. But it’s right on the border of Russia, and it’s Europe’s biggest rare earth producer. So anyways, we continue to follow that story because of the rare earths. are very critical they call them critical materials critical minerals that we’ve got to have for many many applications okay and the other one i saw this is an interesting story i had never heard of this stock before cosmo pharmaceuticals it’s actually a pretty big company out of the netherlands The symbol is C-M-O-P-F, and I’ve got that on my list to add to the app. It had a huge move yesterday after the company said that its experimental male hair loss treatment met key endpoints in two late-stage clinical trials. Where do I sign up for the clinical trials?
SPEAKER 03 :
I’ll volunteer my scalp. Say that one one more time.
SPEAKER 04 :
Cosmo Pharmaceuticals out of the Netherlands. One study showed a 539% relative improvement in target area hair count for patients who used… Plascoteron cream versus the placebo. All right, that’s pretty good. Where do I get it to? Forget rare earth.
SPEAKER 03 :
If you have zero, so it said 500 and something percent. So is 500 and something percent of zero still zero?
SPEAKER 04 :
No improvement in the target area of hair count. So if you’ve only got one hair there, now you’ve got six. No, six. Six hairs growing out of the top of your head. commenting on the results giovanni de napoli said androgenetic alopecia i think that’s another word for bald bald yeah just say you know he’s got androgenetic alopecia the poor guy uh… is a car is more than a cosmetic issue it affects confidence identity and emotional well-being i know my dad always wasn’t happy about losing this area did causal i saw all three of those in my family father for the first time in more than thirty years we have a completely new mechanism with the potential that you truly change that reality this goes on my watch list Because I can’t rub lithium on my head. Nothing happened. I tried it. No. But anyways, interesting story. Salesforce. Okay, this is a member of the Dow. A big member of the Dow, and it’s kind of strange that they report they must have a September 30th year end, but they reported earnings, and the street likes it. My problem is they’ve become a single-digit sales grower, much like Apple. And the stock shows it. This has been a sideways stock for a long, long time. And I don’t think that this moves the needle. I mean, if you look at the performance, which I’m going to do, I know Benioff was a great CEO and really invented something good here and Salesforce swept the world and Many sales teams, large sales teams across the world use Salesforce. It’s now a quarter of a trillion dollar company. But when I look at the performance of the stock over the last 12 months, it’s down 27% in a market that’s up 13.3%. So that’s why you won’t find it in our portfolio. Now, is it a candidate? Yes, it certainly is for our relative value portfolio. it trades at very low multiples but even if you look at this stock over the last five years it’s been a real dog really it’s it’s only returned 1.8 percent average return over the last five years because you’ve had some really bad years in there now as i look at the valuation i show seventy five percent upside potential but that’s based on thirteen percent earnings growth over the next five years and average thirteen percent i think that’s a little bit uh… on the high side a little bit on the optimistic side uh… so anyways i you know i’m gonna watch it had a good report today was one of the reasons why the dow was up this morning But all in all, it’s still a very sluggish company. Once they go into the Dow, it seems like their better years are behind them, with a few exceptions. NVIDIA went in the Dow quite a while ago, and it’s done well. It hasn’t done as well as when it was not in the Dow. However, so anyways, that’s the scoop on Salesforce here so far. We don’t have any exposure to it. Now, on the other hand, we’re all dreaming of a white Christmas. They may have gotten one up with that latest Nor’easter, but snowflakes are flying in Bozeman, Montana today as snowflake stock did not quite meet the lofty expectations that the analysts had for it.
SPEAKER 05 :
On a winter’s day Go where you want to go, do what you want to do with it, whoever you want to be. Go where you want to go, do what you want to do with it, whoever you
SPEAKER 04 :
And welcome back here to the final segment of today’s Best Stocks Now show. Well, you know, these high flyers, they get their wings clipped from time to time. But it’s been my observations over the years that more often than not, They come back from a quarterly disappointment or not quite living up to the expectations or giving soft guidance. And the stock in question here is Snowflake, which is a terrific, it’s a cloud-based data warehousing company that allows corporate users to store and analyze data. Okay, so they’re in a key area. Very important. But it trades at a lofty multiple. Because it’s been growing by 50% per year over the last five years. And when you grow by 50% per year on average over the last five years, and you grow from a standing start back in 2020 to today with those earnings, that’s some pretty impressive earnings growth. I don’t think that the earnings growth is over. They just reported a quarter where their earnings were up 75% year over year. So how does that work out from a math point of view? Well, they made $0.35 per share this quarter that ended October 31st, which is being reported now, versus only $0.20 during the same comparable quarter last year. That’s 75% growth in earnings. When you look at sales growth, they did 1.2 billion in sales this quarter versus 942 million last year. That’s 29% growth in sales. So that is still very, very impressive growth. And yet the stock right now is down 10.85% on eight times normal volume after hitting a new all-time high just about one month ago. And the stock was performing really well going into this earnings report. And I’ve always said, you know, it’s a flip of a coin. You just don’t know. Sometimes they give cautious guidance so they can come in and beat that guidance. Sometimes they try to tamp down the expectations. But generally speaking, you’re going to get bigger reactions on stocks that are high flyers like this than you get on Philip Morris or a Johnson & Johnson or an AT&T or whatnot. CrowdStrike reported yesterday, and initially it was down. And I’m very interested in getting back into CrowdStrike. It’s another one. It’s been an 87% grower over the last five years. But these stocks are not cheap. CrowdStrike trades at 144 PE ratio, and Snowflake is over 200 right now. But CrowdStrike initially sold off yesterday, and then it came storming back and really kind of closed up for the day. I don’t think that’s going to happen with Salesforce. I think you’ve got to let the dust settle a little bit. I just don’t think that Snowflake is done growing at this point. I don’t think it has hit its ultimate top. in earnings growth, not when it reports 29% growth in earnings year over year. I just think with the ratio, the P.E. ratio is where they’re at right now. They wanted even more out of this report yesterday, which also becomes the nature of the beast. But, you know, it’s a stock that’s up over 50% over the last 12 months, one of the top performers in the market. And we own it in our ultra-growth portfolio, which has had a really good year. And, I mean, as of now, I don’t have any intent of selling it. Okay, now you contrast that. I saw one of the big firms out there. One of their focus top ideas for this next year is Kroger. And I’m thinking, really? I mean, that’s a grocery store fighting the inflation monster, trying to keep things affordable. Yeah, it’s just a margin crunch right there. Okay, here’s their last four quarters of sales growth. Minus 7%, 0%. zero, and now this quarter, plus 1%. So you’re talking about sales growth to 1%. So now the only thing they can do without sales growth is massage the… the cost to try to squeeze out more profit. And that’s very difficult to do in this current environment that we’re in. Their earnings were up 7% year over year, but their sales were flat and the stock is down 5.7%. You know, and I mean, a non-growth company, that also shows up in the performance of the shares. I mean, that’s where I do a lot of shopping. It’s Harris Teeter in our neighborhood. Yep, that’s right. We do our part. I promise you that. Yes, and I get my discount at their little gas pump. I love to see you. You get seven cents off per gallon, Mr. Gunderson. You bought some, you know, some. Thank you for shopping. Over the last 10 years, Kroger, 7.8% is what it’s averaged. It’s done better than I thought, actually. It’s done better than a lot of other stocks I could name. And over the last 12 months, it’s up 12.3%. But it’s a tough environment right now with affordability. You know, it’s kind of like what came first, the chicken or the egg. You had this big bout of inflation and prices went sky high. Now they’ve leveled off, but they’re not coming back down. That’s an issue, right? It’s hard. The only way to get them to come back down is to really increase supply or to go into a recession where people stop buying it and they have to come. Those prices have to come back down. So it’s not a good place for a lot of low margin retailers right now. And, you know, it’s showing up like the guy who won in Nashville. He should have won by more than he did. And they’re blaming affordability issues, and they’re blaming it on Trump for not bringing prices down, which on day one in office he was being blamed for high egg prices, which he did bring those prices down. But now it’s other things like Coca-Cola and beef and toothpaste and all the other things. Okay, well, we’re out of time for today. I will be doing a full newsletter this week. We’re getting into some really critical time frames for earnings estimates for 2026 and even more importantly, 2027, target prices and this and that. And, you know, we did do a little bit of buying here this week. So there’s some new holdings that will show up in the newsletter this week. Several holdings, actually. To get four free weeks, GundersenCapital.com to set up an appointment with us to talk about your financial plan and your portfolios. how you’re currently allocated, 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.
Join professional money manager Bill Gunderson and co-host Barry Cotter as they delve into the latest market dynamics, analyzing the impact of possible rate cuts amidst fluctuating job reports. With insightful discussions on economic indicators, gold, and Bitcoin, this episode sheds light on market trends and what lies ahead for investors.
