In today’s episode, Bill Gunderson, alongside Jeff Webster, delves into major economic trends, from artificial intelligence’s rising tide to the development of nuclear power projects. As they dissect market movements, they bring to light the effects of jobless claims and federal initiatives on the investment climate. Engaging anecdotes combined with hard-hitting data make this podcast a must-listen for anyone looking to understand the deeper currents of our financial world.
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 the Thursday edition on this January 23rd of the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. I’m here with… With Jeff Webster today, my vice president will be filling in today. Barry’s a little bit under the weather. We’ve had some cold weather here in Charleston. And anyways, I’m sure you’ve got some cold weather where you are too. The market is off to a little bit of a chilly start here. But it is a mixed market. The Dow’s up 94 points. I have not really looked into the components of the Dow yet. We’ll get to that in a bit. But the Dow’s at 44,250. The NASDAQ got above 20,000 yesterday, closed above 20,000. It could be hitting a little technical resistance there. We’re backing off today. We’re down 111, a little bit of weakness in NVIDIA and Arista, some of the AI stocks. The NASDAQ’s at 19,859. The S&P is down a little bit, 8 points, but it is above 6,000. It gets at 6,078. Small caps got roughed up a little bit yesterday. They’re down 40 basis points again here today. And the 10-year, that could be causing a bit of an issue. It’s drifted up 5 basis points today, which is a lot. to 6.65%. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. This is my 25th year of radio and 25th year being a professional money manager. I guess that’s a celebration of sorts. jeff that’s some kind of maybe a plaque maybe i need to print up a plaque for myself 25 years of my 25 year milestone in the business anyways look we’ve got six inches on the ground today here jeff you you’ve got about the same i think yeah yeah absolutely we it’s it’s pretty skatey out there uh
SPEAKER 04 :
My wife drove over our little bridge over the Water River between your house and mine, and there’s a lot of black ice, good buildup of snow there, so we’re hoping to see some melt-off this afternoon as things melt up. But, by the way, congratulations on 25 years. That’s right. At a minimum, yeah, at a minimum, worthy of a certificate suitable for framing. Exactly.
SPEAKER 03 :
I haven’t been inducted into the Radio Hall of Fame yet, but… I guess I’ll have to nominate myself at some point. Hey, we’re going to celebrate, too. We’re bringing our crew out here to Charleston the first week of February and have a little get-together and have some fun together. Hey, what’s this… Well, we’ll get to that in a minute. There’s a lot of news on Palantir today, but let’s… Let’s start with where we left off yesterday in the market. We had a good day in the market yesterday. We had a very good day. We hit a new all-time high as a firm yesterday. Not Palantir, but Netflix really helped us yesterday. And those nuclear stocks. which they are glowing here recently, and they continue to be big players. And I was interested to see news here in South Carolina. You know, when we first moved here about six, seven years ago, they had just abandoned a nuclear project that I think Dominion was building. And they had lost billions on it. And you know what? The regulatory hurdles and the environmental hurdles were just astronomical. And I think they just finally pulled the plug on the whole project. And I see they’re going to reboot that project. which is more indication of the resurgence in nuclear. And that sector is a very vibrant sector, obviously. Constellation Energy hit a new all-time high yesterday. Vistra hit a new all-time high. GE Vernova, GEV hit a new all-time high. Talon Energy hit a new all-time high. And now, who knows, maybe Dominion could be a play. Let’s just take a look at Dominion here real quickly. The symbol is D. No, I don’t see much activity there today. It’s pretty much your standard utility. But who knows? I mean, if they get into the nuclear business, that could get them going again. So we had a good day yesterday in the markets. Today’s a little bit soft. I’ve got to believe that some of that Trump stuff You know, inauguration, fever, the big boost, which I saw predictions that that would give the market a boost, and it did. And, of course, that coupled with the soft inflation reports last week, and we’ve had a pretty good start to this week so far, even though we are backing off a little bit here. Okay, now, there’s a lot of… You know, Trump’s going to speak via… He’s not going to Davos, Switzerland. But, you know, that’s a big contrast. The World Economic Forum is obviously… at a polar opposite end of uh you know the trump agenda but he is speaking there today and it’ll be interesting i mean all your guys are there jp or jamie diamonds there and all of the big financiers around the world and of course klaus schwab and And others, that’s usually a place where Soros ends up. The tech company CEOs will be there as well.
SPEAKER 04 :
Thinking of my time in the industry, I can always remember that. That was something that a number of our senior executives seemed to find a spot there.
SPEAKER 03 :
Well, it’s a place to make deals, right, Davos? Yeah. Because you’re hobnobbing with leaders of countries and big industry CEOs. I mean, obviously, it kind of drifted in the, what was it, not the reboot, but the reset, the great reset is what they were calling it. And they got pretty controversial there. And we’ll see if it gets back to kind of its original roots. Initial jobless claims. I woke up. I still had my job. You still had your job. Barry still had. So that’s good news. 223,000 people did file initial jobless claims for the weekend of January 18th. That’s still a very low number, very low. Anything under 300,000 is good. And that’s an indicator we watch every week, every Thursday, because we feel that that’s where weakness in the economy will start to show up first. It usually shows up first in the labor markets and obviously in the consumer markets. We’re not seeing that yet, okay? So there are still no signs out there at all of a recession. And as I’ve said, we don’t have an earnings problem. It’s a valuation issue that makes my nose bleed a little bit here with those forward P.E. ratios up there at very high numbers right now. Right now we have a big schism going on in the world. You know, Jeff, over the years, my first presidential election was Barry Goldwater and Lyndon Johnson. That’s the one I remember first. And the pendulum swings, doesn’t it, back and forth? You know, the pendulum swings to the right, the pendulum swings to the left, and it just kind of goes back and forth. And this time, you know, I think we’ve had one of the biggest pendulum swings that we’ve ever seen. because I think the pendulum definitely swung too far to the left, and the results obviously were not good, and the people were not happy, and now we’ve had this swing back to the right, which is why this contrast between Trump speaking at Davos will be interesting today. But it’s also showing up in real-life numbers. CNN is laying off hundreds of employees. And NBC News is also cutting some jobs. And, of course, MSNBC is a total train wreck. So not only is it showing up at the voting booth, but it’s also showing up in these companies that went along with the big swing to the left. And now they find themselves lost a little bit. Warner Brothers Discovery, which owns CNN and Comcast, is the parent of NBC. So anyways, it’s a sign of the times right now. You know, I know that the bishop that spoke at the, what’s the name of the church, the National Cathedral in Washington, D.C.? ? She got a lot of airtime last night, and it didn’t go over real well with kind of the people that voted for Trump and Trump himself. The EU bloc, and here’s another sign of the time. Weak demand in EVs, electric vehicles. EU bloc. is going to start giving subsidies to get rid of EVs and get people into EVs, and it doesn’t seem like they want to. The demand has become very weak, which is also a problem for Elon Musk. We’ll be right back.
SPEAKER 1 :
Music
SPEAKER 03 :
And I’ll see you next time. But he made the comment, you know, they said 500, was it 500 billion that they committed? 500 billion.
SPEAKER 04 :
The guy that I saw, I mean, he wasn’t on the hot seat, but the CEO of Microsoft, they were, you know, one of the reporters was interviewing him and chiding him a bit about the situation and some of Musk’s comments. And he goes, all I have to say is Microsoft is, stands behind its $80 billion commitment, and our money is good.
SPEAKER 03 :
Yeah, okay, because Musk made the comment that they don’t have the money. They don’t have the money, $500 billion. They have not raised the billion or the money. I see that OpenAI, SoftBank, Oracle, and MGX will commit roughly $45 billion in total. Well, that’s a long ways from $500 billion. OpenAI recently raised $6.6 billion in new funding. So I think maybe it’s going to be over the years that’s what it will add up to. And that’s taking just a little bit of life out of AI today. Yesterday, ARM had a huge day. NVIDIA had a huge day. It continues to blow by Apple and pass it. as the biggest market cap company out there. Microsoft had a really good day yesterday. Oracle had a good day. But there’s just a little bit of wind coming out of the sails today after Musk made the comments that they don’t have anywhere near that kind of money secured yet. So anyways, that’s the situation on that. I like this next one, OpenAI. Now, that’s Altman. That’s Sam Altman. And, of course, Microsoft has a huge investment in the company. Musk was in on the formation of the company. OpenAI wants to develop an agent with skills of an engineer. Can you imagine that? Open AI, artificial intelligence designing airplanes and rocket ships and whatever else, military equipment, et cetera. And, you know, I’ve had a lot of engineers as clients over the years. You know, they always make a joke about engineers. If Open AI wants to develop something,
SPEAKER 04 :
an agent with the skills of an engineer it’s got to question everything and want you know proof right that’s that’s always been whenever i don’t right i’m sure you have that experience yeah yeah i don’t have the reference at my fingertips but earlier this week i saw a comment from mark benioff the ceo of salesforce.com indicating that I think it was 2030, he said, we will not have software engineers. It will all be done by AI. Yeah, well, we’ll see.
SPEAKER 03 :
Exactly. Yeah, I can see something which is kind of repetitive, software engineers, but still it takes a lot of creative thinking. And, you know, obviously what they’re going to do is feed in data, data, data, data to mimic and follow what engineers do. And then from that, develop models that will mimic, you know, what they do. I don’t know. We’re going down a scary path, in my opinion. Exactly.
SPEAKER 04 :
We still need a wizard behind the curtains pulling all the strings and making everything come together. I still don’t… I mean, conceptually, I get it. I just don’t know how realistic it is in the near term, you know, or even in the next five or ten years.
SPEAKER 03 :
Yeah, well, when they want to replace God with AI, which I’ve heard Altman say, imagine we could get scriptures that are right and correct. Now, okay, all right, I don’t be going down that avenue. Nuclear stocks rally a South Carolina utility to reboot huge project to meet AI demand. I think this is just another witness of… the tremendous needs that we have going forward. You know, they had two nuclear power plants under construction. This is Santee Cooper. The Cooper River is just… A few miles from me, and I’ve been up the Cooper River, and I’ve seen the big power plants up there. They halted those in 2017. They had spent $9 billion. Santee Cooper now owns 100% of the assets at the plant. but they want to now reboot that whole thing and build those nuclear reactors, which is helping Constellation Energy today and Vistra. I’ve never seen a time… Well, yes, there was a time when utilities became great growth stocks. There was a time in California. This was during the Enron. Remember when those guys were… Were brokers in the middle and they could raise and lower the price? Governor Gray Davis bought in and bought a bunch of energy futures way too high and lost a lot of money. It cost him his job. He was recalled as the governor. in California. And I remember companies, Enron was a player, Marant was a player. This company that Vistra recently bought, let’s see, or yeah, I can’t remember the name of that one, but they were a player also in that. And there were actually energy brokers and dealers, and there still are, right? Dealing. They knew where the needs were, and that affected the price of the energy that they would deliver.
SPEAKER 04 :
here’s the deal phil you talked about this yesterday on the show it all centers around data centers yeah it’s all centers around data centers you know the picks and shovels to build these data centers the infrastructure that’s needed you know the ducting the air conditioning the heating the cooling all that type of stuff the energy those are the things that Again, you know, we look at the board today. The energy stocks, the nuclear stocks are still doing well. Yeah. You know, one of my favorite ticks and shovels companies around the data centers.
SPEAKER 03 :
Yeah, Vertiv, right? VRT. That’s hitting a new high again today. Yeah. Well, you know, and it’s also been the death of wind and solar, really. I mean, because… It’s this data center need and really the NVIDIA chip and all the power that it needs. There was a big wake-up call. And the wake-up call was solar and wind aren’t even going to be a drop in the bucket. And that’s really killed the solar and wind stocks. And the pendulum has shifted heavily. towards nuclear. Okay, Palantir could be the next Oracle or Salesforce over the coming years, says Wedbush. And you sent me something about, I know the Army is wanting to change out the goggles that the guys use. When we come back, I want to talk a little bit about Palantir and all of the irons in the fire that Palantir has. We’ll be right back.
SPEAKER 05 :
But it must have been the wrong time. I done said the right thing. But it must have used the wrong line.
SPEAKER 03 :
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 uh second half of today’s best stocks now show where right now we have uh
SPEAKER 03 :
Let’s see. We’ve got the Dow up a little, up 79. The NASDAQ is down 63. Now, when I was in New York City a few weeks back, closing bell at the NASDAQ, I was also interviewed and asked what my top A conviction pick for 2025 was, I said, Palantir. And I see today that Wedbush is saying that it’s one of their top conviction picks. Now, the valuation is high. There’s no question about it. But here’s what Wedbush has to say. And you know a lot more about the company than I do, you know, what they do for a living and all this and that. Wedbush is saying that they’ve got the premier artificial intelligence platform. Platform, meaning that they offer a lot. to a lot of different companies with their platform. And, you know, they’ve got a lot of irons in the fire. Give me your thoughts on Palantir, Jeff.
SPEAKER 04 :
Yeah, so first of all, you know, you talked, there’s a comment about it becoming like an Oracle or Salesforce platform. You know, I’ve thought that for quite a while. You know, in the software industry, as we would meet with senior level executives, you’d always hear that every company has to have a few different solutions. You know, ServiceNow, Salesforce, Workday. You know, there were different things that every company would have some type of engagement with those organizations. And I honestly believe over the next couple of years, Palantir is going to become one of those companies. Their ability to analyze data and to slice it and dice it and allow leaders of companies or organizations in the military or what have you to make decisions. is outstanding. And, of course, the big thing that has gotten a lot of exposure here over the last day or two is we’ve got this new Army contract that potentially could change for some $20 billion. It’s the integrated visual augmentation system. And currently, Microsoft has that contract. You know, Bill, you and I might have some of our grandkids that have those goggle headsets where you can play around a golf or, you know, dance to the music or whatever. It’s a very similar type of technology, but it’s on a much larger commercial scale. Microsoft has their Halo Lens 2 heads-up display. And it’s a single device that allows soldiers to be used both in combat and in training. However, they’ve recently discovered some challenges with it, you know, discomfort, dizziness, nausea, and some reliability issues. So they’re looking at the possibility of the change. And so folks that are looking at a Palantir investment, you know, be cautious that this is something that may happen. Right. And if it does happen, it takes time. They land the contract, which is a good thing. They will get orders, which is another good thing. But ultimately, they have to deliver to be able to realize revenue. And then, of course, you know, with the revenue will come, you know, the critical earnings piece that you harp on so often. So just think about those types of things. You need to look at it as an investment and not a trade. And it could be something that could be very powerful. Certainly, I think both you and I are bullish on the outlook for this organization.
SPEAKER 03 :
Yeah, Palantir seems to have good connections with the government. And that’s one of the things that Dan Ives at Wedbush says. He says that Palantir’s in the sweet spot to benefit from a tidal wave of federal spending on AI. I mean, you have a president now who’s surrounded by AI people, and that seems to me like that can only be bullish for Palantir. And, you know, that’s not their only – I mean, they’re a security company. They help crypto. They have crypto exposure. So, you know, I just think they’re in a very sweet spot in a lot of ways. Now, quantum computing. You know, these companies got blasted out of the water by Jensen Wang a few weeks ago, but they continue to slowly climb their way back. And I see D-Wave Quantum today is doing a secondary offering, and the stock is actually up 2%. which usually when they do a secondary offering, it drives them down. Then I see QUBT is also doing an offering. Those seem to be two of the big ones, QUBT and the other one, D-Wave. Quantum is also selling 8.5 million shares, and it’s up 4.2% on that news. So there are animal spirits out there in this quantum space. And you made some comments to me that, yeah, the ultimate quantum computer may be out there a couple of decades away, but in the interim, between now and then, what are some of the baby steps that companies are benefiting now? They’re spending on quantum now, right? Right.
SPEAKER 04 :
They are. I mean, they’re researching. You know, my former CEO with SAP, Christian Klein, came out last week and indicated that, you know, SAP would be utilizing quantum computing within the next three years or so. You know, they have their big ERP mission-critical systems, and that requires a lot of computing horsepower to run those applications. There’s others, I think, that indicate while the panacea may be out there in the future, there’s certainly going to be applications over the next few years to take advantage of that.
SPEAKER 03 :
Yeah, and by the way, SAP’s been hitting new all-time highs recently. And recently NVIDIA announced that they’re going to have a quantum day. So, I mean, if it’s 20 to 30 years out there, they wouldn’t be having a quantum day here in the next several months. Okay, what’s the one that RFK owns? He owns a biotech stock. He’s going to divest most of the stocks that he owns, but the one biotech that caught my eye, caught my eye was CRISPR, C-R-S-P, which is that, you know, changing the genes, taking genes out of your body, putting them in a test tube, reprogramming those genes, putting them back in your body. That is out there on the frontier, but interesting to see that RFK had an investment in several stocks, including CRISPR, C-R-S-P. He also owns shares of Apple, Amazon, Zscaler, Marathon Digital, Progressive Corp., and S-P-I-Y, Spyder. That’s the S-P-Y. You know, ETF. Okay, here’s another one that Visual Neurosciences, VIGL is in the news today, Phase II Alzheimer’s. And, of course, that remains one of the holy grails out there. There’s a couple, you know, Lilly has theirs, Biogen has theirs. They’re helping. But, you know, they’re a long ways from really helping. Vigil is a small one. I have it in my app, and I did a little tweaking on it today. V-I-G-L is up 10.3% today. It’s only a $90 million company out of Watertown, Massachusetts. Near Boston, Vigil is one I put on my watch list. Drones continue to get a lot of attention. I’ve been watching Red Cat, R-C-A-T. I think there’s going to be a lot of government spending in the drone space. And Red Cat did get a $510,000. That’s pretty small, but it’s not bad. $518,000 order from the Army National Guard. made an order of some of their drones. And this has been a hot stock, Red Cat. It’s gone from $1 to $8.56 here recently. We also have… Well, we’ll go off in a totally different direction here. Boston Beer is cut at Piper Sandler after soft… Hard Mountain Dew launch. Okay, I didn’t know they had launched a Hard Mountain Dew. That almost seems sacrilegious to me. I do like Mountain Dew. I do not drink. But Jeff doesn’t drink either. But a Hard Mountain Dew, it didn’t go over well over at Boston Beer. We’ll have to talk. We have some friends that work for Piper Sandler. We’ll have to talk about that. But Boston Beer did come out. They came out with one of those Truly. It might be Truly or whatever, those hard drinks that they came up with. But Boston Beer not doing well with their Hard Mountain Dew. You don’t want to slip any of that in the cooler by accident on the 4th of July. We’ll be right back.
SPEAKER 07 :
And welcome back to the final segment of today’s Best Docs Now show.
SPEAKER 03 :
with Bill Gunderson and Jeff Webster joining us here today. We do have some earnings coming in here. We are in earnings season. We’re closing up 2024, the fourth quarter of 2024. I can’t tell you how important these earnings are. They drive the bus. They’ve been driving the bus since 2009, you know, and we’ve had earnings increase every single year since then, except for the COVID year and one other year. We had just a little jog lower. But we’ve gone from $60 per share in earnings, and we could get as high as $320 to $310 per share in earnings before this run in the S&P 500 is all over. We watch earnings very closely. GE Aerospace today. which, of course, GE broke into three companies. The aerospace division, which has a lot of irons in the fire, reported today not bad. Their sales were up 14% year over year. That’s not too bad for a $217 billion company. And their earnings were up 28%. And I got to tell you, the Larry Culp era at GE continues to go very, very well. Jeff, I have a nephew who, he’s uber smart. I mean, it must run in the family, right? I guess somewhere there were some good genes. Anyways, he got a full ride to Stanford. phd full ride went to harvard was a professor there but you know he was involved with clay christiansen who was the guy you know all about great clip christiansen and uh the uh what what’s the word i’m looking for companies that uh not disruptors disruptors disruptors that’s right inventors dilemma So that definitely runs in the family blood to be disruptors and to buy into disruptive companies. And he speaks all over the world on disruptors and disruptive, the whole model behind it, the emotions, the thinking behind it. And he told me one day he gave a lecture to a big crowd somewhere, and a guy came up to him afterwards and said, I really enjoyed your presentation. And it was Larry Culp. I don’t know if Larry Culp, before GE, Larry Culp was, I can’t think of the company right now. It’s still a big public traded company. But Culp came in and divided the GE into three companies, medical, power, and aerospace. And if you add up how much those three are worth today versus, and of course, if you were an investor in GE at the time, you got those spinoffs. It’s not like they were separate companies. No, you got shares in the spinoffs. So the sum of the parts was definitely worth a lot more than the whole. This is a perfect textbook example of that strategy in investing. That’s what a lot of these activist investors do. I mean, they go into companies where they see if you broke your company up into some parts. Now, it hasn’t always worked that way. If you got a bad company to begin with, Hewlett Packard broke off their services business. I mean, you’ve seen a lot of companies over the year break off certain companies that they had thinking that it would work out, but it didn’t work out. But in this case, GE is up 7% today on that news, and they’re doing a $7 billion buyback, which takes shares off the market. That’s accretive to earnings. GE is a dividend payer, pays a half a percent, and the buyback, everybody seems to like that. Okay, American Airlines, which is in the NASDAQ 100, it’s down 9.8% today. That’s one of the small reasons why the NASDAQ is down today, but also you’re getting a little bit of a sell-off in AI.
SPEAKER 04 :
Yeah, basically the American, they’re down on a rough outlook. They’re a little bit pessimistic about what air travel is going to look like here over the next 90 to 180 days, I think.
SPEAKER 03 :
Yeah, I’m surprised because the airline stocks have been doing really, really well. Now, believe it or not, even in today’s AI age and quantum computing age, we still need railroads. All of those containers on those ships got to get to their destinations. We haven’t found a better way yet than trucks and railroads. Union Pacific is up 4.3% today. That’s a good sign that things are moving. But it’s not a growth company at all. I mean, this is like… Your grandfather’s dividend payer out of Omaha, Nebraska.
SPEAKER 04 :
A 1.28% bill over the last 12 months. Yeah. And a similar company, CFX, also, I think, reports or has reported they’re up slightly, but also same rate. Same type of scenario. They’re actually down over the last 12 months, 3.44%.
SPEAKER 03 :
And then the big, big loser. Now, Barry could weigh in on this because he’s got teenagers that play video games. Electronic arts, which really… It kind of started this whole revolution. Well, I mean, you can go back to Nintendo and all of that.
SPEAKER 04 :
EA forced you in the game.
SPEAKER 03 :
Yeah, they took it to another level with Madden Sports and all NBA and everything. That thing is down 18% today. I guess time has passed them by a little bit. They’ve become a stodgy old growth stock of yesteryear. I remember when they were on the cutting edge and people couldn’t wait until the next version of Madden Football or whatever it’s called now came out. So anyways, that’s your big loser for the day. We don’t own any of those stocks. We consider all of them to be a little bit. And then last but not least, Freeport-McMoran, which is materials. Materials, that’s a bad place to be invested in right now. Steel, aluminum, copper, coal, all of that stuff, not good. Freeport-McMoran is hitting a new 52-week low. And yet, you know, that’s one that I see in a lot of portfolios that come to us. I sell it on day one. What are you going to do day one when that portfolio comes in? Get rid of the stodgy old growth stocks of yesteryear. Well, that’s today’s show. I just can’t believe the response that we’ve had to the four-week trial today. I am having so much fun every single day. In fact, I ended my message yesterday. I said, man, I had a lot of fun yesterday. I can’t wait to come back and do it again tomorrow. Well, here we are. Today was tomorrow, and I can’t wait to do it again tomorrow. I just love all the challenges and everything that the stock market brings along and hope to share that knowledge with you and enjoy and hopefully make a little money along the way. I’ll do my best. Give us a call at 855-611-BEST for an appointment with us or sign up for the free trial at GundersenCapital.com. GundersenCapital.com. 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.
