Join professional money manager Bill Gundersen in this compelling episode as he navigates the intricacies of January market trends. With insights into the daily movements spurred by geopolitical events in Iran and earnings reports from major tech companies, Bill examines how these factors drive stock market activity. Together with Barry Kite, they delve into how businesses like semiconductors play pivotal roles in our modern economy, influencing devices from air fryers to advanced telecommunications.
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 03 :
And welcome to the Thursday. It is Thursday, January 15th, the live edition of the 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. And we are off to the races here this morning. with apparently Trump holding off on any kind of action in Iran as of yet. We’ve got the Dow up 205 points. That puts it at 49,354. The S&P closing in on 7,000. It’s up 35 points to 6,961. The NASDAQ doing best of all with a couple of big tech stocks weighing in today with their earnings. It’s all about the chips. The NASDAQ up 171 right now to 23,643. Small caps up 11 points. That’s the Russell 2000. We’re seeing a little bit of a sell-off today in oil on the Iranian news or lack thereof. Crude is down 4.5% today. Gold is also backing down a little bit. It’s down to 4,616, but those are some pretty lofty numbers. Silver is down a little bit to 90%. And last but not least, Bitcoin is down 216, but closing in on 100,000 again. It’s at 96,090. So welcome to today’s Best Stocks Now show on this Thursday. Never a dull moment, January the 15th. And it looks like lack of news coming out of Iran, Barry, is driving the markets higher today. Along with two big earnings reports, and I was just talking to the guys here before the show, I don’t know that we could get out of bed in the morning if it weren’t for semiconductors. They seem to be in every part of our life. I’ll bet they’re in my air fryer. You think they’re in my air fryer, Barry? Probably.
SPEAKER 04 :
Well, your phone’s an alarm, so nowadays a lot of people wake up with their phone versus… That’s true. We don’t have the old… You know, even a plug-in clock, really.
SPEAKER 03 :
I used to have a clock radio, you know. Now everything’s on the iPhone. Chips are everywhere and a couple of big chip stocks, foreign chip stocks, very important chip stocks weighing in today. And that’s got the European markets excited also. Now, we had a sell-off in the market yesterday. Global uncertainty. Anytime you’ve got the president of the biggest economy in the world threatening another country like Iran, which has got some pretty big forces at work for them also, that spooks the markets. And also this whole tiff between Jerome Powell and Donald Trump, that’s also got the markets a little bit on their back foot. At least it did yesterday. The NASDAQ sold off yesterday. But look at this. We’ve got a rally mode today. And, you know, the news I heard, and I listened very carefully last night to several newscasts, was that Iran was cooperating. They didn’t hang anybody yesterday. That’s cooperating, Barry. And Trump has been threatening them, obviously. If this keeps up, we’re going to do something. And, of course, Iran witnessed what Trump did to Maduro in Venezuela, and I’m sure that’s a deterrent for the mullahs. And the Ayatollah in Iran.
SPEAKER 04 :
The Iranians have seen what Israel has done with Hezbollah and others, right, in terms of attacking leadership.
SPEAKER 03 :
Yeah, they took out the head of the snake of Hezbollah while he was camped out under the ground in Beirut. They got him with a bunker buster.
SPEAKER 04 :
Yeah, and isn’t it interesting how it translates? You always talk about world events and kind of the different cross currents and how everything comes together in the markets. And you look at crude oil today, back under 60.
SPEAKER 03 :
Down 4.5%.
SPEAKER 04 :
Yeah, down under 60 bucks a barrel again.
SPEAKER 03 :
Yeah, so maybe you’ll get another big break at the gas pump. You can buy some more beef jerky instead of gas next time you go to that gas station. And, you know, Reagan used to say, peace through strength. And obviously, Trump unwielded a little bit of strength in Venezuela, whether you were for it or against it. He showed how effective our special forces are in taking out Maduro. And Maduro’s in a prison somewhere in Brooklyn. And I’m sure that’s a deterrent for Iran from hanging these protesters. So anyways, we open up the day. The S&P 500 is trading at 22.3 times forward earnings. That’s a rich number. But we have seen just over 23 recently in those forward earnings. And earnings still look very good. The forecast for this year and next year, very favorable. And that continues to drive the markets higher. The valuation is something, however, that comes into play from time to time. And we’ve got some more earnings being reported today. Earnings season officially began on Tuesday. Really, Tuesday when J.P. Morgan reported. We’ve got some more today. I believe Goldman Sachs has weighed in and Morgan Stanley has weighed in, along with Taiwan Semiconductor, which may be the most important chip company in the world because without them, NVIDIA doesn’t make their chips. And the other one, ASM Lithography out of the Netherlands without their equipment in Taiwan semiconductor plants. NVIDIA does not make their high-speed chips. And the data centers wouldn’t have NVIDIA chips to fill those data centers with. So anyways, tech had a down day yesterday. but very buoyant today from those two earnings reports. We own both of those stocks. We have big positions in Taiwan Semiconductor, and we have a big position in ASM Lithography. You know, Barry, the jobless claims come in. They’ve been good lately. Pretty good.
SPEAKER 04 :
certainly pretty minimal when it came in at $198,000, I believe.
SPEAKER 03 :
Yes, under $200,000.
SPEAKER 04 :
That’s really low. And less than expected. And so it’s interesting. I mean, I’ve seen a number of reports. I mean, we’ve even seen where market sentiment kind of turned a bit more bullish than expected. I mean, even consumer sentiment I think last week came in a little bit better than expected, or maybe it was earlier this week. But You know, a lot of these, you know, you’re really starting to see some green shoots in the economy. I think, you know, Philly’s Fed index rose in January. So there’s, you know, seeing in terms of earnings in the economy, it seems to be kind of, you know, a continuation of what we’ve seen, right, in 2025. Yeah.
SPEAKER 03 :
Yes, and I think you can safely say that there will not be a rate cut in January. I mean, between the tiff between Trump and Jerome Powell, that almost cements no change in interest rates.
SPEAKER 04 :
The percentages are like 5%, I think.
SPEAKER 03 :
Yeah, the strong job numbers, they want to see weak job numbers in order to get another rate cut. And they want to see inflation, and inflation came in at 2.7%, which is not exactly going to get the Fed to move off their duff in lowering rates. So I think it’s almost a certainty, no rate cut. And that will draw the ire of Trump once again. Maybe he’ll find more charges to go after Powell with. I don’t know. But anyways, those jobless claims were very, very favorable. We’ve seen a lot of action underneath the surface in the oil sector recently. First, it was Venezuela. Well, first, it was Trump coming into office with the drill baby drill mantra. And that really kicked a lot of the energy service stocks into gear. But the oil stocks have not been a very good place to be invested because of low oil prices, which is good. It’s good for the economy. It’s good for inflation. It’s good for the consumer at the gas pump. But it’s not good for the big oil companies. Now, they’ve seen some lift here recently with the action in Venezuela and the threatened action in Iran. And, you know, it looks like Chevron is going to be the big player in Venezuela right now. And then there’s some oil service stocks. The one that has the most exposure to Venezuela is Schlumberger SLB. But others have also been pretty perky. Now, they’re down a little bit today with oil prices as Trump holds off on doing anything in Iran. He may be bluffing. I don’t know. They did evacuate areas around Iran yesterday, especially in Qatar. So anyways, today we’re getting a little backing off on oil as Trump signals an Iran de-escalation. And that sends West Texas Intermediate crude down more than 4% today, but who knows what tomorrow brings. And the U.S. completed their first sale of Venezuelan oil, valued at $500 million, which will go into the coffers of Venezuela. Not the U.S. We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show. And we’ll take a look here at another store. Well, Europe. We mentioned Europe. The U.S. completes its first sale of Venezuelan oil valued at $500 million. That’s going to be a $2 billion deal when it’s done. And the money’s going to Venezuela. Not into Maduro’s pocket, into the drug lord’s. Other news out of Venezuela is that Chevron likely will be one of the several U.S. companies to secure approvals to conduct business in Venezuela. along with Marathon Petroleum, MPC, and Valero Energy, VLO. Also, global traders Glencore could be another player there. That’s GLCNF. European and U.S. chip stocks rise after Taiwan Semiconductor and ASM Lithography results. Okay, we only own 21 stocks in the premier growth portfolio. I manage this portfolio. I’m the chief investment officer at Gundersen Capital Management, and my goal, my aim on a daily basis… is to try to be in what I consider a lot of disagreements. A lot of people would disagree. There’s deep value investors. There’s people that like just buying blue chips. I just like trying to find the best large cap growth stocks in the world today. That eliminates a lot of companies. And the 21 stocks that populate that portfolio right now, It’s a very strong list, and from my point of view, with 25 years of experience in the industry and inventing my own system and app to help ease my job of zeroing in on those stocks, I studied momentum investing for many years, the William O’Neill strategy, and I found that it was great, but it was missing valuation. There was no concerns for valuation in that strategy. It was all about momentum. And I studied a lot of the great value investors over the years, from Benjamin Graham to Warren Buffett to David Dreeman to the guy there in San Diego, Charles Brandes, etc. And I like value investing too, but it lacks the momentum side of the equation. And so many times those value stocks that they perceive to be value stocks are just sitting there dead in the water. Well, I don’t like dead in the water, and I don’t like ultra-expensive momentum stocks. So I married those two strategies together, and I named it Best Stocks Now. and I look for companies that have strong performance and I’m going to use Taiwan Semiconductor and ASM Lithography as examples here in a moment and tell you why I own them it’s important yes to know that I do own them but the why behind what the reason they’re in the portfolios I think is very very important I want to see strong companies that are performing well in the market and outdoing their peers. Look, when the NFL has its combines, they’re looking for the players that have the fastest times, have the best agility, the best strength. They’re looking for the best of the best. Before they go and put a player and sign a big contract and put them on their roster and commit a bunch of money, they do a lot of testing and they do a lot of looking at the results of these players that they racked up. In college, how many passes did they catch? How many yards per carry? How many interceptions did the guy throw? You know, it all is very, very important. It’s no different of a discipline in the market than it is in the sports world, okay? And it’s all relative value, actually. Performance.
SPEAKER 04 :
Yeah, it’s relative value because in different drafts, right, I mean, you’ve got, you know, there may be a, you know,
SPEAKER 03 :
year where there’s a lot of good quarterbacks and sometimes there’s uh there may not be any and there’s standouts in every position it’s just important to have a center that snaps the ball and protects that expensive quarterback as it is to have the expensive quarterback right you need good players at each position on your team that play different roles okay so let’s let’s use taiwan semiconductor first as an example Number one, they’re the dominant foundry in the world. Most people don’t realize that AMD, Qualcomm, NVIDIA, Broadcom, Google, they don’t make their chips. Intel, they design chips. They’re designers of chips, and they send those designs to the fabs, the fabricators, To make the chips and for whatever reason, you know, Taiwan is the dominant place in the world to have chips made. We do have some foundries here in the US. We have some in Texas. We have some in New York. And we have some in Arizona that actually make chips, but nothing like Taiwan. And that obviously also whets the appetite of mainland China, the communist China, wanting to take back Taiwan at some point in time. And, you know, that chip-making ability that they have is very, very important. And Taiwan has been, Taiwan Semiconductor, TSM, on the New York Stock Exchange, has been diversifying around the world. They’re building plants in Japan, and they have a plant in Phoenix. And, you know, I think that’s probably a good thing, just in case China does invade Taiwan. at some point in time, but the size of Taiwan’s semiconductor is $1.8 trillion. And 70% to 80% of your chips are manufactured in Taiwan. That’s kind of their specialty. That’s a big piece of the Taiwan economy is the Taiwan semiconductor. And they’ve been growing their earnings. Look at this quarter that they just produced. Their sales were up 36% year over year. There’s not many $1.8 trillion companies still growing at 38% per year, and their earnings were up 45% year over year. As we continue to hear semiconductor numbers coming in on the world, semiconductor demand is more. Ever before in the history of the semiconductor industry, which has really driven this whole technology revolution that I’ve witnessed over the last 25 years, semiconductors have been right at the center, right at the core of it. In the PC revolution, the telephone revolution, the networking revolution, the internet revolution, the EV car revolution, and now the artificial intelligence revolution. And if anything, that threw gasoline on the fire, right, Barry? I mean, the demand for chips when AI came along just exploded, right? and everything that goes along with those chips from Western Digital, from Seagate, from Micron, from SanDisk, from Marista Networks, and on and on and on. Now when we come back, I’m going to tell you what the track record of Taiwan Semiconductor as a stock has been over the last decade. 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 1 :
Call out the instigator Because there’s something in the air
SPEAKER 03 :
And welcome back here to the second half of today’s Best Docs Now show. Okay, let’s talk about track record for a minute. You know, I’m a firm believer that if you are serious about retirement, if you are serious about wealth accumulation, if you’re serious about growing your IRAs, your Roths, your 401ks at work, that you ought to at least look up the track records of the things that you own. And that was probably the catalyst that began my whole journey with inventing the Best Stocks Now app for myself. I invented it for myself. It wasn’t easy to find track records on stocks. It’s easy to find track records on horses. It’s easy to find track records on baseball players. It’s easy to find track records on mutual funds. Mutual funds always have that one-year, three-year, five-year, ten-year Morningstar rating. But for stocks, it wasn’t that easy. So I invented this for myself so I could look up very easily what the track record of the stock was compared to the S&P 500. And you could sort them, right? Yeah, and I could sort them. Yes, and I gave weight to the long-term track record. I gave weighting to the intermediate and to the short-term. I weighed them all a little bit differently and came up with one performance grade. Now, let me give you an example. Okay, an investment in Taiwan Semiconductor, TSM, 10 years ago. Now, this is looking backwards. Don’t think it’s going to do this over the next 10 years. It could. But, you know, past performance, you know the old saying, is no guarantee of future results. TSM has delivered to investors over the last 10 years 34.7% per year. While the S&P has been 26.7. So it’s delivered alpha in a big way over the S&P 500. That’s why it’s become a $1.2 trillion company. Over the last five years, it’s delivered 24% per year while the market’s 16. But wait. Since the AI revolution started, which I’m going to say it started with OpenAI and ChatGPT when it came public. When ChatGPT was offered to the public, I look at that as kind of the kickoff to the AI revolution, which is now in full swing. Over the last three years, Taiwan has delivered 57% per year to investors, while the market’s 24%. And over the last 12 months, it’s up 64%, which gives it a performance grade of A. It’s one of the top performing. That’s a good start. But it’s looking backwards. I understand that. That’s why we have to look forward. And to look forward, we do an evaluation on the shares. And I go out five years. A common statistic that analysts use in analyzing stocks and individual investors use is what we call a five-year growth expectation. And that is very common in a research report, and that generally comes from the company themselves who have somewhere in their desk drawer on somebody’s laptop a five-year pro forma income statement of what they think they can grow their company over the next five years, whether it’s 5% a year, 2% a year, minus 10% a year. plus 20% a year. It is public information, and there’s a consensus growth rate. In the case of Taiwan Semiconductor, the consensus growth rate over the next five years right now, I’m going to look at my valuation. I pretty much use the consensus, although sometimes I do tweak it a little. It’s 15% right now. And I just told you that their quarter came in at 36%, quarter over quarter. That’s just one quarter. But over the next five years, The analysts think that they can continue to grow their earnings by 15% per year. Okay. Earnings growth equals stock price appreciation. That’s why I don’t want a 2% grower. That’s why I don’t want a 1% grower. I’ll take a 15% grower as long as I’m not paying too much. Now, as I take those earnings estimates over the next where they are at today and extrapolate them out over the next five years, that’s not hard to do. If it was $1, it would be $1.15 next year, $1.25 a year after that, $1.30, just keep adding 15%. And where would those earnings be five years from now? I then apply a multiple that I think is appropriate for a stock. I always say, begin with 20. 20 is a good starting point. But when you’ve got a dominant company like Taiwan that makes 80% of all the chips in the world, and when NVIDIA’s chips could not be made without Taiwan’s foundries, and the relationship between NVIDIA and Taiwan, and of course AMD’s chips are made in Taiwan, Both NVIDIA and AMD have Taiwanese CEOs. In fact, they’re cousins. You’ve got Lisa Su at AMD and you’ve got Jensen Wang at NVIDIA. And then you’ve got Taiwan Semiconductor. Maybe that’s a nephew. I don’t know.
SPEAKER 04 :
It’s the largest company. I didn’t realize this, but it’s the largest publicly traded company in Asia. Wow. It makes a lot of sense, but in my brain, I never really thought about that. You’ve got Samsung. You’ve got a bunch of other large Asian companies, and it’s the largest one.
SPEAKER 03 :
So now we look forward over the next five years when I extrapolate the earnings out, apply a multiple, I get a $600 target price on Taiwan, TSM. And TSM is currently trading at, I think, 340. Let me look.
SPEAKER 1 :
346.
SPEAKER 03 :
And it’s up 6% today. It’s hitting a new all-time high today. Gosh, if you look back just eight years ago, this was a $35 stock. It’s up tenfold since 2018. Why? Because the earnings are up almost tenfold. So there’s that link. Everybody thinks that the stock market is this big mysterious thing and it’s rigged against the little guy and all this and that. But isn’t there a lot of just logic there? As their earnings grow and the multiple maybe expands a little bit, the value of the shares continue to go up. And when does the stock become not one that you want to own anymore? When that earnings growth begins to slow down. Now, this is my growth investing strategies. And I believe that most of your income is going to come from the appreciation of the shares, not from the dividend, from the appreciation of the shares. So Taiwan has delivered some big numbers. Its last five years have been phenomenal, and I still project 87% upside potential, not counting today’s move, by the way, over the next five years. So it fits. It meets my performance criteria, and it meets my valuation, relative valuation criteria. Overall, in the app, as of yesterday, it was a strong buy with 87% upside potential and ranked number 43 out of 5,190. You may think, well, that’s not so hard to find stocks like that. No, that’s a very select list. One year ago, it was ranked number 13, and it’s up 64% over the last year. So that’s why I use the Best Stocks Now app, which you can get access to it for free for four weeks. You can also subscribe to the database for $9.99 per month. uh and uh you know just a few winners like taiwan or the one i’m going to talk about next who knows may pay for your subscription and then some but anyways that’s my strategy as i look backwards At the performance of the stock, that eliminates a lot of stocks. For instance, Disney over the last 10 years has delivered squat, nothing to investors. Terrible management, a lot of bad decisions, a good company. I enjoy going to Disneyland and all this and that, but I wouldn’t own the stock. And there’s a lot of stocks. That’s the majority of stocks are mediocre. And if you want to have a mediocre portfolio, it’s up to you. I see plenty of mediocre portfolios that come to us from other firms around the country, and I go, how can they produce a product this terrible? But, you know, hey, there’s something to be said, I guess, about owning a bunch of old dinosaurs that everybody’s heard of that aren’t growing anymore. That seems to be the most popular form of investing that I see. around the country from these big wall street and regional firms anyways so we we nail that we we narrow that premier growth down we currently own 21 stocks in there and that’s it and we’re always looking for more you got any candidates let me know we’ll be right back
SPEAKER 05 :
On a winter’s day You gotta go where you wanna go Do what you wanna do
SPEAKER 03 :
And welcome back here to the final segment of today’s Best Docs Now show. Now, Barry, guess what’s in those factories in Taiwan Semiconductor, those foundries, that high-tech equipment. Right. There’s only one company in the world that makes the equipment that can make these NVIDIA AI chips, and it’s not applied materials. It’s not KLA. It’s not Lamb Research, although they also play big roles in all of this. It’s ASML, which is a huge part of the Netherlands economy. Now, how Taiwan became specialist in making chips and how ASM Lithography became specialist in making this high-speed equipment, the equipment to make these chips, I don’t know, but that’s what they’re known for, and they come together. And then you’ve got Jensen Wang and Lisa Su over in America. By the way, AMD’s having a big day today, too. They send their chip designs to Taiwan. Taiwan then takes those designs, figures out how to make those chips. And they couldn’t make them without a lot of different pieces from a lot of different companies. But the main equipment comes from ASM Lithography out of the Netherlands. And it also reported earnings yesterday. And it’s having a big day. It’s breaking out to a new all-time high today. It’s one of the 21 stocks we own in our premier growth portfolio, which is pretty hard to not consider that company that plays such an important role. in this whole AI revolution, and NVIDIA. I mean, NVIDIA chips are used for a lot of other things, but AI is what’s really driving the bus, pardon the pun, these days.
SPEAKER 04 :
Yeah, it’s not the old PlayStations and Xboxes and other things that they were in in their infancy, or at least infancy compared to where they’re at now.
SPEAKER 03 :
Yes, and one of the reasons we want to keep these high-speed chips out of the hands of the Chinese is they have a lot of defense applications. When you fire a missile to shoot down a cruise missile that’s incoming, it has to make a lot of very quick decisions, very quick decisions, or the results could be deadly. And these high-speed chips using ASM lithography’s equipment have become an important part in the defense industry. And that’s why, you know, Trump has not allowed China to have the NVIDIA chips, although it sounds like many have been smuggled in one way or another. And their efforts to come up with a counterfeit chip, probably they will someday. I mean, they came up with the Huawei phone that pretty much… It was a big jolt for Apple sales in China. Now Huawei outsells Apple by far. But anyways, ASML has a very similar story, track record, valuation. And I just go to the app, which there’s three versions of the app. There’s the online version. BestStocksNowApp.com. That’s how you can see it on a big screen, ASM lithography. Pull it up. And there is a free version of the app. If you go to BestStocksNowApp.com, there’s 500 stocks in there that you can look up for free to see how the app works. Or if you download the app on Apple or through the Android and want it on your mobile phone or on your tablets, there’s 500 built into it for free that you can see. All right, so let’s look up the performance of ASM. Over the last 10 years, 33% per year. You know, that’s phenomenal performance. How would you like to make 43% on your money for 10 years? That really grows $10,000 to quite a big amount of money. But that’s looking in the past, obviously. Over the last 12 months, the stock’s up 75%, while the S&P’s up 18.7%. And it’s grown. It’s not a trillion-dollar company. I think it’s on its way to a trillion dollars. But right now its market cap is 524. It’s half a trillion. And it’s about half of the Netherlands. uh gdp maybe even more than that between asm and nvo novo nordisk which i believe isn’t that the netherlands too let me just look that up sometimes i get confused and i it’s denmark but it is denmark i think it is denmark i mean look what and i’ll just make sure novo is denmark okay denmark’s the one too that has greenland and by the way oh yeah I read that Critical Minerals, CRML, has tested some digs in Greenland. Very successful. They’re finding rare earth there.
SPEAKER 04 :
So not as rare there in Greenland.
SPEAKER 03 :
Yeah, and that’s got Trump’s mouth watering. I mean, I heard him talking yesterday to the Danish… ambassador and to Greenland’s prime minister about giving each person in Greenland like $500,000 in order for us to get our mitts on Greenland. I don’t know. Look, where it’s going to go, I don’t know. But that’s… Anyways, back to ASM. The performance has been phenomenal. The stock obviously riding this wave of chip. And then I look at over the next five years. So we’re looking… PAC… And we’re looking forward and we’re bringing those two together. And the next five years show still favorable growth, a valuation that I can justify, and more upside potential. I think this stock can get to a trillion. Not a recommendation. I’m just giving you examples of the strategy that I use. I stay away from cryptocurrency. I stay away from companies that aren’t making money. I stay away from companies that are not growing anymore, that time has passed them by. And we just try to focus on the best of the best in the different categories. You know, the large cap growth and then the ultra growth. one step below that and then the emerging one step below that and then my relative value where i find companies that i believe are trading at a steep discount to what they should be trading at those are the four portfolios that we run in addition to the bond portfolio for those of you that would just be happy with five or six percent a year and no volatility Right, and have a pretty secure outcome on that. And then we mix and match those portfolios in the asset allocations that we do after we interview you and you fill out some sheets and questionnaires and we can come up with the strategy afterwards. tailored tailored for you we take a lot of measurements right and then fit it to you so you wear it out of here and you look good anyways that’s our strategy to get four free weeks of the newsletter in the app gundersoncapital.com to set up an appointment with us to get your account out of wherever you’re at now and move it 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 Gundersen in this compelling episode as he navigates the intricacies of January market trends. With insights into the daily movements spurred by geopolitical events in Iran and earnings reports from major tech companies, Bill examines how these factors drive stock market activity. Together with Barry Kite, they delve into how businesses like semiconductors play pivotal roles in our modern economy, influencing devices from air fryers to advanced telecommunications.
