Join Bill as he analyzes the thriving field of emerging growth stocks, highlighting MP Materials’ groundbreaking partnership with the Pentagon and its impact on the rare earth materials market. He navigates through Trump’s surprising advice to the Federal Reserve, the booming airline industry, Russia’s drone production scale-up, and the rapid advances in autonomous vehicles, presenting an information-rich discussion that’s crucial for investors and market enthusiasts alike.
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 01 :
And welcome to the Thursday, July 10th edition of the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I don’t know if anybody’s joining us today. That’s okay. I’ve got it. I’ve got lots of material for you here today. Well, we’ve got a new wrinkle in the market, and it’s called the bee and bricks wrinkle. The B in BRICS is Brazil, a very large economy. All of a sudden, they’ve got a 50% tariff on them. Trump doesn’t like how they’re treating former President Bolsonaro, and he has slapped a 50% tariff. And we have huge news on one of our stocks here today that we’ll be talking about. In the meantime, the NASDAQ is down 108%. Half a percent. But the Dow is up 60 points as it ekes its way towards a new all-time high. The Dow is up 13 basis points. The S&P is down 18 basis points. Small caps are down 17 basis points. The bond market was fairly decent this morning, and it still is. We’re at 4.36% on the 10-year. We have gold up 15 basis points. Gold seems to like steep tariffs. Gold and steep tariffs go together well, it seems. And silver also. Silver is up around $37 per ounce now. And Bitcoin hit an all-time high yesterday at $11,000, and it’s currently just below that level at $110,896. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And we had a really nice rally in the market yesterday. We ended up having a very good day. The Dow was up a half a percent yesterday. The NASDAQ was up a full percent. We had a lot of nice winners. NVIDIA crashed through $4 trillion for the first time. It’s not holding it. It’s just slightly below it. What Bush is calling Microsoft as the next $4 trillion company, I would agree with that. The S&P was up 60 basis points yesterday. Gold was up a little. It’s up again today. And as I said… The one asset class, well, there’s a couple that seem to like these steep tariffs. But gold seems to have done best whenever there’s a tariff war taking place. And right now it’s pointed at Brazil. One of those BRICS companies. You know, Trump already has it in for the BRICS. He feels like they’re trying to form a pact that would threaten the U.S., our currency as being a king dollar and other things like that. And he has gone out of his way to threaten the BRICS countries, which are Brazil, Russia, India, China, South Africa. A few tough players in there. and then a lot of other ancillary players that have joined the BRICS recently. But right now his ire is with Brazil. Brazil has been not the best of trade partners. Brazil does have a socialist government in place. I don’t think anybody can argue with that. That’s not just my opinion. That’s a true fact. They elected Lula, and Bolsonaro was much more of a Trump-like character who they ousted. And, of course, they’ve really gone after him and his son. I’ve seen many interviews over time with Bolsonaro’s son, especially about the way they’ve been treated down there. I think they’d be most happy having them both in prison, and Trump not happy with that. And he has thrown a 50% tariff. Which is a new weapon. You know, you can talk drones and you can talk nuclear and you can talk blockades and you can talk economic sanctions, but Trump’s weapon of choice, and he’s really the first president to use tariffs this widely, is, you know, we’re going to slap a tariff on your exports. And these countries depend on Brazil is a major, major exporter. I don’t know where it stands overall in economies in the world. I’m going to say it’s like number six or seven. But we get a lot of goods from Brazil. And, of course, Embraer is caught up in the center of it. Embraer, I’m sure, will get a carve out. This may be a good buying opportunity on Embraer, which has been a great stock over the years. We own it in our relative value portfolio, but in Breyers down, I think, 6% or 7% today. It would hurt their business tremendously to have a 50% tariff on their goods coming into the U.S. When you think of these smaller commuter airplanes, really they don’t have any competition. They own that market. They’re a very important cog in the wheel of the transportation sector worldwide. Speaking of which, in the transportation sector, I see Sean Duffy. Not only is he the secretary of the kind of the beleaguered transportation secretary. He’s done such a good job of trying to get it upgraded and, you know, up to date and all of these clogged airports and the issues we’ve had with Boeing, etc. He’s also accepted Trump’s nomination of him to be the head of NASA. The two kind of go together a little bit, NASA. And transportation, I don’t know what Duffy’s qualifications are. I’ve seen him many times on the Fox Business Channel. He did a show with Dagan McDowell, who used to be with Maria Botteromo. And I’ve enjoyed Deshaun Duffy over the years. Seems to be a pretty capable guy. And now he’s going to head up not only the transportation department, he’s also going to head up NASA, which needs a little updating. I think the private space companies like SpaceX and Rocket Labs and Blue Horizon and the rest. running circles around our NASA and we do have a NASA client a guy that works for NASA out there in Cleveland Ohio and of course I’ve watched NASA over the years being born in 1957 seeing the moon the landing on the moon of Armstrong and some of the Apollo 13 and all different things that have happened over the years with NASA and It’s an impressive agency, but I think it could be even more impressive, and I’m sure that’s what Trump is trying to do. Mana, make NASA great again, I guess he would say. So anyways, we’ve got a 50% tariff all of a sudden levied on Brazil. That’s a new wrinkle as far as the NASDAQ goes. I sent out a chart of the NASDAQ today to my subscribers on SeekingAlpha.com, and my subscribers through my bestdocsnowapp.com and showed everybody a current chart of the NASDAQ and the current state of the NASDAQ as it relates to its chart. And we have seen a stalling out in the Dow for now. The Dow, however, continues to slowly march towards new all-time highs. The NASDAQ hit new all-time highs just two days ago, as did the S&P 500. So we really can’t complain too much right now about the market. It seems to be overcoming the tariff talk, the tariff wars, and it also seems to be overcoming a severe valuation problem that it has right now. It’s made it more difficult. But you just never know how overvalued the market can become before it finally starts to have its comeuppance and its reality check. But so far that hasn’t happened. It continues to march upwards. The economy continues to be in good shape. We watch every week for any kind of weakness in the jobs market. This is Thursday. This is initial jobless claims today. And I always thank the Lord that I’m not in that line of folks filing for unemployment. The boss still likes me here at Gundersen Capital Management. I still have a job. Everybody that works for me still has a job, whether they like it or not. But initial jobless claims fell to 227,000 this week. That is an excellent, excellent number. It’s not excellent for the 227,000 that filed initial jobless claims. But in the overall scheme of things and putting it up against the amount of workers that are driving to work every day, It’s a very small number. I mean, there’s just normal turnover that takes place all the time. You’re always going to have a couple hundred thousand every week. But that’s at the very, very low end when you look at it from a long-term perspective point of view. And I would think that the Fed looks at that and says, you know, we could probably cut. How much is Trump asking for when we come back? Trump is giving Jerome Powell advice on how much he thinks Jerome Powell should cut interest rates by. You might find that to be interesting. Nothing Trump does is uninteresting, whether you like it or not. It’s always quite dramatic. He’s a dramatic kind of guy. We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show. It’s always fun to talk about big winners in the market, especially if you’ve got a little bit of a stake in them. We’ll talk about, before we get to Trump’s call, Trump’s advice to Jerome Powell, how about MP Materials today? which I was about ready to pull the plug on, to be honest with you. We own that in our emerging growth portfolio, okay? In the overall scheme of things, I mean, this is not a big dividend payer. This is not a large cap growth stock like Microsoft or Palantir. This is not an ultra-growth stock because they really don’t have ultra-growth yet in earnings or in sales. And that’s why the fit for it is in an emerging growth stock, which I consider something that has very large potential growth. may take a while to achieve that growth potential, or it may be just entering into that growth potential. And most of these emerging growth stocks come from the smaller side of things. MP Materials happens to be a $7.5 billion market cap company. And I can’t tell you how many times in my lifetime living in San Diego, I’ve driven on the 15 up north, either to Las Vegas or beyond to the Utah area. That’s a much-traveled road for Bill Gunderson since I was 10, 12 years old. And part of the original, my family owned a billboard company. My father did and my brothers and myself. And that was our route. We owned many of those billboards going up to Interstate 15 as Las Vegas was booming. And along the way we would always pass, there’s a mountain pass, it’s called Mountain Pass, and over to the left is a big mine. It used to be called Mountain Pass, the symbol is still MP, but they changed the name of the company to MP Materials. And they’ve been digging there for as long as I can remember, bulldozers and excavators and trucks and whatnot. And lately the hope is that there’s rare earth. There’s something about that hot sun that does things underneath the ground. There’s tons of lithium there. There’s a lot of salt, obviously, there. There’s some very strange landscapes, even mirages of fresh water as you’re traveling through the desert. Well, MP Materials has huge news today. They soar on a partnership that makes the Pentagon, that’s a good partner to have, the Pentagon, the company’s largest shareholder. How about that? Well, you know, I don’t know. Is that communism for a company, for the government to take over a big… But I think it’s in the best interest of the nation to have supplies of rare earth materials and not be dependent on other countries around the world like China, Indonesia, etc., that, you know, have that over us. They can hold that over us. That’s why self-dependence, self-sufficient is a good thing. Then you don’t have anybody that can hold something over you. MP Materials is up 52% this morning on this news. The US Department of Defense is accelerating the build-out of an end-to-end US rare earth magnet supply chains, which means there’s going to be other winners in this space, to reduce the dependency on foreign sources. The Pentagon will become MP Materials largest shareholder after agreeing to buy $400 million. Now, we have ownership now in this company. If they’re buying $400 million, it’s a $7.5 billion company. So that’s about a 5% stake in the company. Trump likes to make investments. He doesn’t like to give handouts. He doesn’t like to say, here, solar energy company. Here’s a couple of billion dollars. Here’s $50 billion for you. No, Trump has taken a stake in this company and wants something in return. So anyways, this is good news, obviously. The founder and chairman of MP Materials is James Latinsky. And I’m sure you’ll see it today on CNBC and Bloomberg and the Fox Business Channel. This is a little bit of a new approach that we haven’t seen in a while. And we happen to own it in our emerging growth portfolio, which has been emerging lately. We’ve had a lot of really nice winners in that emerging growth portfolio. And with this one today, let’s just take a look at the emerging growth portfolio. This isn’t something you want to have 100% of your IRA in. But, you know, we a lot of times for folks that want some of that exposure, You know, maybe a 5%, 10% position in a growth portfolio is appropriate for you, but it all depends. We have that interview with you up front to see. But with this winner here today, MP, which honestly I was getting very frustrated with. We have a 25% gain in it as of yesterday. But with today’s move, it’s at $46.31. We bought our position at $26.73 during the low of the market this year, and that puts our emerging growth portfolio up about 9%. uh so far this year which is not bad it’s done very well it’s it’s tripled the returns almost of the russell 2000 small cap index because we’re cherry picking the russell 2000 small cap index right i mean we’re looking for those diamonds in the rough and it’s a rough it’s a rough portfolio i mean we It’s very volatile. Sezzle’s been a big winner in there for us. It’s up 267% so far. Celestica’s up 68%. MP’s now up 73.2%. New Gold is up 42%. And, of course, we’ve had some big losers in that portfolio. But nothing more than our worst performer, minus 24% on new scale power, which got caught up in the sell-off earlier this year in nuclear. And we took a 23% hit in Erie Indemnity and insurance stocks. I always talk about the losers. App loving, we sold for 727% profit. back on January the 8th of this year. So it’s a wild thing, but it’s an area of the market that I love to shop in, that I love to do research on, and I love to find diamonds in the rough. So anyways, MP Materials. Okay, back to Trump. He doesn’t want a half percent rate cut from the Fed. He says that the Fed is three full percentage points too high right now. I don’t know if most economists would agree with that, but I think if he says 3%, he’d be happy with 1%. That seems to be his style. But he calls on the Fed to cut rates by at least three percentage points. And I’m sure Jerome Powell will go along with that at the next meeting. I don’t think so.
SPEAKER 05 :
We’ll be right back.
SPEAKER 01 :
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 01 :
And welcome back here to the second half of today’s Best Docs Now show. I read this morning, Russia is ramping up drone production at an unprecedented scale. What do they have in mind? You know, it would seem that, and I think Trump has verified this, that they’re not interested in just settling the war with Ukraine on the land that they have taken from them. It sounds like they want the whole enchilada, all of Ukraine. And would they stop there? I think on the one hand they’ve exhausted a lot of their resources. How many men have they lost? Very costly to them, 300,000. But this ramping up the drone production doesn’t sound like they’re ready to sit down and smoke the peace pipe with Zelensky. But the two things that stick out to me are number one, the use of drones, how drones have just exploded in use as a military weapon. and also the ambitions that Putin seems to have, which I think should be worrisome to not only Europe but to the whole world. And obviously they’re planning on more than just what they’ve got now. Now, Embraer is caught up a little bit in this strike situation, or this tariff war. Embraer is down 8.5% today. I would think, this is just me from a logical point of view, Brazil can’t accept a 50% tariff. On their goods, I’ve got to believe that the U.S. is one of their biggest customers. And I would think that something would have to give there. And this may be an opportunity. We already own the stock and we’ve done well with it. We actually own it in the relative value portfolio, and it just became even more of a relative value right now. With the forward P.E. ratio of, let me look, I’m thinking about 15 as I do this math in my head. The forward P.E. is actually 25. But that’s not too bad for the growth that ERJ Embraer has seen. Now, speaking of airlines, the economy can’t be in too bad a shape. Look at Delta today. Delta reported earnings. Delta is a member of the S&P 500. Delta is probably the best as far as a stock goes. I don’t have much interest in airline stocks myself. But Delta Airlines soars and leads the airline sector higher after issuing a strong outlook. Okay, well, isn’t that good news? Isn’t that a bellwether of many things? I mean, when I travel to these cities, and of course Detroit’s next on our list, more specifically Bloomington, Bloomfield Hills. I always get Minnesota. We go to Bloomington in Minnesota, and we go to Bloomfield Hills in Michigan, and my brain gets cross-wired a lot. But we’ll be there August 5th and 6th. Probably be flying Delta out there. Sometimes it’s United, depending on where we’re headed. But most of the time it’s Delta. And business travel, when I sit on the plane, it’s a lot of business people. And, of course, a lot of just regular folks going back and forth, maybe to visit family or whatnot. But anyways, Delta has a blowout earnings. Maybe that’s not a good term to use. We don’t want to blow out on the Delta Airlines. But anyways, their sales were up 0% year over year. That’s why I’m, as a growth investor, that’s why I don’t own airline stocks. And their earnings came in at $2.10, which is down 11% from last year. You say, well, it was down 11%. That’s not a very good report, Bill. Yes, but it’s also compared with what the estimate was. And they obviously beat their estimates by a wide margin. Airline stocks trade at very low P.E. ratios. Delta is trading at nine times earnings and it’s been trading as low as five times earnings this year. They get low P.E. ratios because it’s not a growth industry. But Delta stock is up 13.5% today, the economy camp being too bad. And out there on the M&A front, how many, remember all of these shows on TV sponsored by Kellogg of Battle Creek? which is out there in Michigan, speaking of Michigan, Battle Creek, Michigan. That stock is up 31% today. Now, Kellogg spun it off not too long ago. This is the WK Kellogg, which is the ready-to-eat cereals and other grain-based convenience food products. This is an American staple. is being bought out by Ferrero, which, if I’m not mistaken, is an Italian company. They make those chocolates, those really good Ferrero chocolates. ShareSkyrocket and W.K. Kellogg reported Ferrero is nearing a $3 billion deal to acquire the cereal maker. Well, I wonder if Trump will step in and say, no, you can’t buy one of America’s great companies. Hands off. I don’t know. We’ll see. But right now, that’s the deal. Kellogg is also a non-growth company. And it is big time today as a foreign company comes in and makes a bold bid for the company. The next $4 trillion company, I would say it’s going to be Microsoft. It’s definitely not going to be Apple. Apple has fallen out of the growth race for now. They really haven’t had much for quite some time. I’m not an investor in Apple. I know it’s still a favorite of many, many people, and many people out there have very large gains in Apple. But I just looked at the company as it is today, and I don’t see the kind of creativity and new products coming out of Apple. I think Microsoft, with their big position in AI, their very strong position with ChatGPT, which I do use a lot. When I’ve got more of a specific question, you can usually get that answer from ChatGPT and save you a whole heck of a lot of time on searching the web. Wedbush says that Microsoft is the next $4 trillion company. I would agree with that. And Microsoft is still holding here at Gundersen Capital Advantage, but not as big as it used to be. Taiwan Semiconductor, how are they doing? Well, their Q2 sales rise 39%, speaking of AI. And Taiwan has been hitting new all-time highs here recently. It’s now a $1.2 trillion market cap company. They continue to grow at north of 20% per year. Their most recent quarter, their earnings were up 54%. Their sales were up 36%. I know what you’re saying. That sounds like it’s in Bill Gunderson’s wheelhouse. And yes, it is in Bill Gunderson’s wheelhouse. We own Taiwan TSM in two of our portfolios. the biggest maker of chips in the world. Remember, most of these companies, AMD, Nvidia, etc., they don’t make their chips. They send them to Taiwan Semiconductor, which now has a factory, a plant in the U.S., but still mostly in Taiwan and you’re always going to have that that black cloud hanging over it of China you know wanting to take Taiwan how much did Meta pay to lure Apple’s rooming paying for their AI efforts well We’re learning now today that this gentleman, who is a key hire for Meta’s new super-intelligent division, I don’t know what it takes to be called super-intelligent. $200 million is what it’s worth, though, in the range that this guy is in. Well, what did they pay Ohtani? What did the Dodgers pay Shohei Ohtani? What’s a cool $200 million to head up the AI division at Facebook is probably a bargain, really, when you think of how much the Dodgers are paying Ohtani. You can tell I have it in for the Dodgers a little bit, you know, being a San Diego guy. But they are in first place, as usual. And we’re chasing the Dodgers, as usual. And now Apple’s chasing Meta. As far as AI goes, and they lost a guy. They lost a big player in their Meta. I think I’m going to send my… resume over to zuckerbucks and see if he considers me super intelligent find out what i’m worth oh well i’m probably not in that that league tesla i san francisco bay area for robo taxi expansion within months now i stood there at fisherman’s wharf Had a great Dungeness crab cocktail at Skoma’s. Just once in your life, go to Skoma’s or the Tadditch Grill in San Francisco and have a Dungeness crab cocktail, some sourdough bread, and a nice cup of New England clam chowder or Manhattan, either one. They’re both very good. And I watched those Waymos traveling around, which is a very eerie sight to some degree. But pretty soon we’re going to see Tesla robo-taxis, and we’ll be back in mid-September and have a workshop in the Bay Area and a meet and greet and personal appointments with folks. That comes after we get Michigan done. We’ll be right back. And welcome back here to the final segment of today’s Best Docs Now show. I see Tesla up. 3.2% today, probably on the San Francisco Bay Area robo-taxi news. But, you know, everything I read is it was an underwhelming debut in Austin with their robo-taxi. And, you know, look, Musk is eventually going to get it right. It would seem to me that right now Waymo has a pretty big lead on him in that category. But never count Elon out. And that is helping the stock here today. Now, I want to talk about Detroit just for a minute and San Francisco, the Bay Area. Detroit is August the 5th and 6th. We will be at the Kingsley Hotel in Bloomfield Hills, Michigan, which is a beautiful place. I think it’s a Double Three Hilton or something like that. But it’s a very classic place. With a great restaurant there. Man, I really enjoyed staying there last time. But this time we’re going to add a new wrinkle. I’m going to teach a workshop on Tuesday night. They’ve got a nice conference room. There’s lots of parking there at the Kingsley out back. Very nice parking lot. You don’t have to worry about that. And you can see me and the team in person, and I’m going to try to whatever is the best topic I can find at that point in time and a little bit of a general overlay on my strategy and the methodology behind my methods and how it came about and some good examples of that in the market today, etc. So that’s going to be Tuesday night. August the 5th at 7 p.m. at the Kingsley Bloomfield Hills. Give Edie a call to reserve a seat. We were full in Sarasota and in Cleveland, and we’ll be full in Detroit to reserve a spot. Call 855-611-BEST. 855-611-BEST. We’re about three weeks out from that trip right now. And to meet with us in person, we reserve one hour of time during Tuesday and Wednesday. We put in a couple of long days there, but that’s probably one of my favorite things to do in this industry is meet with folks face-to-face and get to know you a little bit and see if there’s any way we can help you. And you can reserve one of those spots over those two days, August 5th and 6th. That’s a Tuesday and Wednesday in Bloomfield Hills, Michigan. Give Edie a call at 855-611-BEST or go on to our website at GundersenCapital.com. After that, sometime in mid-September, We’ve got to work our way around deer and moose season in Minnesota. So we’re going to go to California in mid-September. It’s still pretty nice weather there in September. We get those Santa Ana winds in California. And we’re going to visit the Bay Area, one of my favorite places on Earth. And we’re going to do the same thing. We’ll be in the Santa Clara area. Tuesday, we’ll do a workshop at 7 p.m., meet and greet, and Tuesday and Wednesday, we’ll have one-hour slots available in California. We don’t have the exact spot location yet, but it’s going to be sometime in mid-September. It’s not too early to reserve a space, a spot with us. Edie does a great job of setting the appointments, organizing everything. That same 855-611, best number. Then Minnesota and Houston, hopefully, are before the end of 2025. We look at Minnesota in mid-October before the blizzards hit, and moose season’s usually over by then. They’re not ice fishing yet out on the lake, and we’ll probably be there in October, and then in November we’ll probably be looking at Houston. All right, so anyways, that is the schedule for the remainder of 2025. We’ll be looking at Pittsburgh sometime early next year, I would think. Okay, copper. Copper definitely in play in Fuego right now. Should you play copper? Well, I think Trump did our copper producers a big favor, I mean, by slapping 50% tariffs on copper coming into the U.S. Freeport-McMoran, obviously, would be the biggest play there. I’m going to look at Freeport today. FCX, which is actually headquartered in Phoenix. By the way, there’s a lot of copper in Arizona. I had a friend in the church that had a big claim to a huge… I don’t know what became of that. He eventually passed away, but I think that his claim there… in Arizona was pretty massive on copper. Freeport-McMoran is hitting a new – well, it’s on a nice run right now. But you’ve got to realize that mining stocks can be – look at MP Materials. It’s been all over the map. But when you think copper, Freeport-McMoran, and I would say the other one is southern Peru – copper which used to be scco does it still have the same symbol yes now they call it southern copper it is headquartered in phoenix arizona also believe it or not the the but they have a lot of in peru and mexico where there’s some huge copper deposits I’m not a fan of mining stocks, iron ore. Back when China was booming, that was one of the best momentum sectors I ever saw. But these days, I don’t know. It’s a little bit on the dicey side. Palantir gets their target price raised at Wedbush. It continues to be a category killer. And I saw a big move in Intel yesterday. They’re looking to sell off Mobileye, which is their autonomous car part of their business. And Intel had a big day yesterday. If you’re a deep value turnaround type investor, which isn’t really my cup of tea, I like to see some progress being made in that turnaround first. And Intel, you know, they still have their sales down 28% or earnings down 28% year over year. And their earnings, their sales are totally flat to down. and earnings have been tanking lately. But the stock had a huge day yesterday, and it’s probably on this deal. Someone will buy Mobileye from them, I’m sure, and they can diversify or get out of that business and focus on their chip business more. All right, well, we’re out of time. We covered a lot of ground here today. MP Materials, definitely the stock of the day, symbol MP. Upcoming workshop and trips to first Bloomfield Hills, Michigan, and then to the Bay Area, San Francisco. Looking forward to meeting the folks, 855-6-INVEST. And, of course, we meet with folks every day all over the country. via Zoom or telephone, 855-611. Best to sample our wares, go to 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.
