Join professional money manager Bill Gunderson and analyst Barry Kite in this insightful episode as they discuss the latest highs in the NASDAQ, Dow, and S&P 500. Delve into the dynamics behind a robust consumer market, the persistent growth in retail sales, and what this means for potential rate cuts by the Federal Reserve. Stay tuned as they explore emerging investment opportunities and critical economic reports that are shaping the market landscape today.
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 Gunderson Capital Management. Here is professional money manager, Bill Gunderson.
SPEAKER 05 :
And welcome to the Thursday, the July 17th edition of the Best Stocks Now show. This is Bill Gunderson, professional money manager for the last 25 years and president of Gunderson Capital Management. And I’m here with Barry Kite, our chartered financial analyst and certified financial planner. We do have green in the market across the screen today. NASDAQ hitting a new all-time high. It’s up another 44 basis points this morning which puts it at 20,821. I’ve never said that before. That’s a new all-time high. The Dow is up 146. It’s creeping up on its all-time high. The Dow is at 44,400. The S&P is up 18 right now. I want to say that’s a new all-time high. I’m pretty sure it is.
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6,281.
SPEAKER 05 :
The Russell 2000 is up 18 points right now. The bond market is very quiet so far here this morning after a much better than expected rally. retail sales report the consumer is still robust in their spending habits and we have the 10-year right now sitting at 4.2 4.43 so we’re about even with where we were yesterday crude oils at 65.32 gold continues to slip down another one percent today And Bitcoin, a little bit of profit taking again today, down 328 to 118.372 just a skosh away from its recent high. So welcome to today’s 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 our Certified Financial Planner. And we have new highs again today in the NASDAQ for sure and in the S&P 500. Not the Dow quite yet. We had a decent day yesterday in the market. But today we’ve had some economic reports that have come out. on the nation’s economy. Of course, we’ve had a couple of benign inflation reports. Unless you listen to Bloomberg or CNBC or one of the other outlets, inflation is back, okay, according to them. But that’s not keeping the market from hitting new all-time highs. They call 2.7% inflation is back.
SPEAKER 06 :
Read the article, not just the headline.
SPEAKER 05 :
Yeah, exactly. The NASDAQ and the S&P all-time highs. Now today, you know, look, the consumer drives the economy. And I’m pointing at you, all of you listening to the show. I don’t know how much you’ve spent so far this morning. But the consumer, for the most part, drives the vast majority of the economy. Retail sales rise more than expected, reflecting a strong consumer. Well, you know, that’s a good thing. The Fed probably looks at that, starts chewing their fingernails and says, here comes inflation with all of this demand out there from the strong consumer. And I don’t know. You’ll have to tell me what the percent chance of a rate cut at the next meeting is. And when is the next meeting, Barry? Yeah, it’s low. There’s so many things to keep up on.
SPEAKER 06 :
Yeah, it’s about, I had some numbers at the beginning of the week where I think we’re about, essentially about, I think it was a 60% chance cut, not at this meeting, but there’ll be a cut by two meetings from now. So basically no chance of a cut. I think it’s a July meeting, but.
SPEAKER 05 :
Yeah, and if there’s not one, then they’ll have a cut at the Fed with Jerome Powell being cut and replaced. Although Trump says, no, he’s okay. We’re going to leave him in there for now. But he’s doing a lousy job, basically, is what he said. He does have a good point. Europe’s cut 10 times. To our zero, okay, somebody is late, and that’s what he calls them, too late, too late, pal. So anyways, that’s where we kind of stand with that rate cut. And with the hot retail sales report, that’s not going to really help things. If anything, that lowers the chances. Good news is bad news as far as the Fed’s concerned. Well, you know what? I would just say one other thing that’s not going to help us to get a rate cut is the hot job market. You see the initial jobless claims, which we report every Thursday, 221,000. They fell by 7,000 from last week. They unexpectedly fall in the past week. The jobs market, the labor market, remains very strong. The consumer is very strong and the stock market is very strong with the Dow creeping up on a new all-time high. The NASDAQ hitting a new all-time high. The S&P 500 hitting a new all-time high. Bitcoin hit 120 earlier this week. That was a new all-time high. Gold hit a new all-time high a while back at 3400. It’s kind of been floundering, though, here recently. Okay, well, we’ve got a lot of news here today in the market, a lot of earnings news, a lot of news on this company and that company, a lot of individual stock news. We’ve had some big earnings reports here this morning. We’ve had some secondary offerings by some hot stocks. That’s a pattern you see. A stock gets a lot of attention and everybody’s gushing over it. In this case, it’s MP Materials out of the Mountain Pass area of California. Everybody talking about it. It’s the talk of the town with the Pentagon investing in it and the Apple investing in it. And now they go out and do a secondary offering, and they float more shares, which dilutes everybody. But, you know, you’ve got to get it while it’s hot. And there must be something there. I mean, they’re already mining rare earth and bringing it up out of the ground there. But there must be some pretty good prospects for them to attract these two big investments from the U.S. government and from Apple, of all places. Who would have ever thought?
SPEAKER 06 :
refining it into magnets and uh you know gm i think they’re about to i know they’ve got a deal with gm where they’re you know in in the process of uh you know of working with them in terms of getting them some magnets all we’ve heard about lately is magnets and uh and they’re uh they’re on the they’re on the cusp so
SPEAKER 05 :
Yeah, I’m going to be real careful. I’ve got some magnets on my refrigerator and whatnot. Those are worth some dough, I guess. I’ll just hang on to them. Maybe they’ll go up in value. A lot of deals being made today. A lot of companies in the news. We mentioned MP Materials here. Lucid shares rally on Uber-RoboTaxi partnership. Now, how many Lucids do you think? Well, who knows? Maybe you’ll be getting into a Lucid. In the Bay Area or in the Phoenix area or in the San Francisco or in the Austin, Texas area or the Atlanta area, those seem to be the four robo-taxi hubs right now. And I witnessed the ones, the Waymos running all over the hills of San Francisco. I hope we’re loosed right now. I hope we’re lucid right now. Yeah, I hope we are lucid. I try. I get a couple of Mountain Dews in the morning. But anyways, they’re taking on Waymo. They’re taking on Tesla. They’re taking on others. Those are some big competitors up there. But that’s a good partnership for them to partner with Uber. to develop the next generation premium global robotaxi using neuro-autonomous vehicle technology. Okay, can you explain that one? Neuro-equipped technological capabilities. There are separately Lucid announced plans for a one-for-ten stock split. You know, that’s never the sign of a good thing. A reverse split, that’s what they do with these inverse funds. The NASDAQ’s been going up for so long, the inverse NASDAQ has been getting clobbered, and they have to do a reverse split all the time going the other way. When it gets down to $0.32, they do a 100-for-1 split, and it’s back to $32. But, of course, you own one-hundredth of the shares that you owned before. So, anyways, Lucid not doing so good on their actual car sales and profitability. But maybe this robo-taxi. Let’s just check in. You know who has a big investment in Lucid? It’s Saudi Arabia. And that’s another robo-taxi hub. Yeah, that’s another big robo-taxi hub is over there in Abu Dhabi and Dubai and Saudi Arabia. Well, Lucid’s up 31% today on that news. on 14 times normal volume with the partnership with Uber. Let’s see how Uber’s doing. Now, Uber, I would rather own Uber than Lucid myself. Uber is down a half a percent so far. Okay, when we come back, another form of transportation, which I think has huge potential, I really do. You know, when you think of all the one-hour trips and the two-hour trips that you make, Wouldn’t you rather just get into a vertical taxi and take off and land and go right over all the traffic? I see a big future there. And there is some new news from one of the big players there. We’ll be right back.
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Music
SPEAKER 05 :
And welcome back here to the Best Stocks Now show. Let’s just take a quick look inside the internals of the market, the guts of the market, and see what’s moving at a higher here today. We’ve got Pepsi. How about that? A sore underperformer versus the S&P over the years. It’s up 6.2%. It’s the biggest winner in the S&P 500. Snap-on tools, you know what, not exactly a growth stock. It’s up 5.3%. Oracle’s up 3.3%. There’s talk of merger in the railroad sector, Barry. Union Pacific is on the prowl, looking to gobble up another one. They’re looking at CSX, which is up 3.3%. When you look at, like, the Lionel trains, which are all labeled with what they were at one time, you know, like Baltimore and Ohio and Delaware this and Pennsylvania that, there’s really only, what, three or four left. They’ve all been consolidated, right? Over the years, CSX, Union Pacific, Canadian National, Canadian Pacific, I believe, CP. And that’s about it. And I guess Amtrak. We may be losing. I don’t know what. Maybe all those CSX locomotives might be worth some money if they get bought out and say, oh, I still got one with the old CSX logo. And they did color changes along the way, and I mean, pretty interesting history there of the railroads. Okay, now, let’s jump right over a railroad, okay? We can, I looked into taking the, I did it once. I took the, we have, the Amtrak goes from Charleston to Tampa. It’s 12 hours, okay? You know, it’s 7 to drive. It’s 12 hours on the train. The only advantage is you got a little desk to work at. I was on the Internet writing my newsletter and everything, and I have lunch. They have a little snack bar. But 12 hours, it’s not a very efficient time. I’m sure it was back when you had a buggy with a horse and a whip and everything and the railroads came along or pushing hand carts to Utah or whatever and here come the railroads. I’m sure it was a big boon back then, but in today’s world, now we want to get into a vertical aircraft and fly right over it. Right over the traffic, especially if you’re in Los Angeles, the 405 and the 5. Of course, it’s not so great here in our area at 5 p.m. on the 26 going to Atlanta or on the 526 coming into Mount Pleasant. We’ve got some pretty bad traffic around here. And I do think there’s a big future for the vertical. The vertical. Okay, it’s one thing to get into a robo-taxi ride and to go downtown. But, Barry, you know, like my wife, we have a family. We have kids that live in Columbia, South Carolina, which is the… capital and uh pretty much a booming area but it also has fort jackson where my son-in-law one of my son-in-laws is an officer there at fort jackson and that’s a tough drive i mean the columbia is a tough drive it’s two two hours but and pretty much two lanes four lanes the whole way but you only got two on one side so yeah becomes an issue And the trucks, okay, with the harbor that we have here in Charleston, they offload all of those containers and most of them go by truck, some by railroad. There’s a big railroad yard too here. But most get loaded on a truck and they get on that road headed for Atlanta, the 26th. And man, it’s a dangerous road to drive on with those trucks whipping in and out. And then my wife was coming home the other day and you know how these storms come out of nowhere. Lightning and hail and rain. It took her four and a half hours for a two hour trip. Well, I don’t imagine it would be much better in the vertical aerospace getting into a hail and lightning storm, but vertical aerospace, EVTL, right? The first, it’s out of the UK, and I’ve also been noticing pretty good action here in Joby Aviation. Vertical completed the world’s first airport-to-airport piloted flight by a full-scale winged, Tiltrotor EVTOL, that’s vertical takeoff, designed for commercial service. And of course, a lot of the airlines are investing in these companies. And I see a big future. You know, I don’t know about the volume and how many you can have there, but it seems better to me than a bullet train.
SPEAKER 06 :
I know you got those folks, those traders on Thursday and Friday.
SPEAKER 05 :
And then once you get there, you have a problem.
SPEAKER 06 :
Yeah.
SPEAKER 05 :
Yeah, I mean, once you get there, you have a problem. You have to rent a car or something on the other end. But EVTOL is up 14.8% on that news. And then there’s Joby, which, you know, that thing’s hitting new highs. Joby Aviation is out of, I think, the Bay Area. I’m not sure of that. Or maybe they’re Dayton, Ohio, I think. Joby Aviation hitting a new high up 2.3% today. That’s a $13 billion company. Now, none of these have any operations going yet, right? But with all the robotaxi craze, I mean, let’s not forget this vertical takeoff. And then there’s Archer Aviation also. Those are kind of the three big ones involved in this. And Archer’s been doing fairly well. It’s kind of hitting a new high here. But again, that one’s in San Jose. Again, they’re not up and running. They don’t have customers yet, kind of like the small modular nuclear reactors. But I think the potential is pretty big there for those that want to jump over all the traffic and get there and need to get there. It’s a lot cheaper than buying a private jet, I suppose. Okay, QuantumScape shares surge for seventh consecutive session. Stock adds over 150% in a month on that breakthrough that they had. Well, that’s actually QuantumScape. Now, I get these mixed up. QuantumScape is the solid-state battery. Yeah. The name Quantum always throws me, and I think it’s one of the quantum computing. But look at QuantumScape’s chart today. It’s up another 15% all-time high. You say, Bill, why don’t you want it in the emerging growth portfolio? They have no sales, okay? Most of these companies I’m mentioning… Archer, Joby, there’s no sales yet. They’re living off of whatever money they have raised, and they have a burn rate, and when they start to run out of money, they’ve got to go out and do more offerings until they get there. These aren’t even emerging growth stocks. These would be that… You’re down in a very speculative incubator. I have the incubator account that I haven’t been too active in recently. But this would be, you know, a possibility in that one. QuantumScape is QS. And, you know, if they break through with that Panasonic that was working out of the solid-state battery, the mileage… how far you can go would go up to about 700, 800 miles, and that would be a huge, huge breakthrough in the EV market. 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. Call out the instigator Because there’s something in the air And welcome back here to the second half of today’s Best Docs Now radio show or show podcast on all your favorite podcast sites after we do the live version on live radio. Detroit, August 5th and 6th. The Kingsley Hotel, Bloomfield Hills, Michigan, Tuesday and Wednesday. Tuesday is a workshop from 7 p.m. to 8.30 p.m. at the Kingsley Hotel. Limited space if you’d like to attend. You reserve a seat, 855-611-BEST, 855-611-BEST, and private appointments Tuesday and Wednesday, all day long, one-hour appointments. The calendar, the schedule filling up, the itinerary and everything, and lots of people to meet with. I can’t wait for that. That’s one of my favorite things. To reserve a rare one-hour meeting with the team from Gundersen Capital in the Bloomfield Hills area, 855-611-BEST, 855-611-BEST. And, you know, during this earnings season, I’ve got to tell you that when a company reports earnings, I go right to my app, beststocksnowapp.com, and look at the track record of the company in very simple terms. Here’s what the company did last year as performance as a stock versus the S&P 500. Last three years, five years, ten years, and then it grades it on the curve against all other companies out there. That’s where I begin with my analysis of a stock. Sometimes I see the chart first. But the first thing I look at is that track record of how the stock has done over the years. And then I get into more of the fine-tuned stuff, the valuations and the metrics and the fundamentals and the growth and the chart, etc. And I’ll be teaching all of that on that Tuesday night. But it’s a good time to get a free four-week trial. to the app, which includes the live trades, buys and sells. I just mentioned they’re not really trades. They’re buys and sells that I make. I made, I think, four or five yesterday. And also the newsletter that comes out every Saturday, which is a recap of all the stories we’ve talked about during the week, our portfolios. Technical analysis of the various asset classes in the market. Our macro forecast of where we think the market’s headed over the next 12 to 18 months. And we continue to offer. That’s been a popular offering, let me tell you. Four free weeks. at gundersoncapital.com it’s also a great education on the stock market in my opinion if you want to learn how to if you want to get into a vertical takeoff vehicle and fly over that learning curve of getting burnt by uh you know commission salesman and all the other pitfalls that are out there we had a guy The other day he was going to sell everything and move his account because he saw some advertisement about a technical trading software or something that promises to beat the market. well okay i’ve never met a rich technician in my life it is a very handy thing to do looking at charts but for them to make that claim is pretty outrageous i mean they’re back testing or kind of doing a what if scenario and uh… investing in what if scenarios are are not a good thing i mean you want an actual person has been managing money for the last twenty twenty five years uh and uh that uh you know you can look up what they own and and how they’ve done over the years you don’t want a what-if scenario that somebody is touting well you can have a lot of data hopefully we save that person yeah you have a lot of data fit where it’s like that person for yeah let’s look back at what’s going on and then they will run some model what would
SPEAKER 06 :
what would have been the right thing to do, right? And then they use that model to project forward.
SPEAKER 05 :
Well, we know that every market’s different. It’s one step above a scam. Right. Yeah, and it was out of Canada, some technical trading outfit and making all these promises. Their ad was like, wow, how did they even get away with making those claims? Grab a Gun, backed by Donald Trump Jr., sinks in trading debut. This is an online gun retailer out of Texas. $225 million company. It’s down 19.6% today. I think it was a SPAC, S-P-A-C, special something acquisition company, and they ended up being grab a gun. Hey, just go online, grab one, you know, quickly. But anyways, Donald Trump Jr. is on the board. It’s sunk 24%. Yes, it’s down another 19% here today. And then you’ve got Digipower. I took a little look at this thing. They ink a deal with Supermicrocomputer for NVIDIA B200 powered systems. That’s the DGXX. And that stock is hitting a new 52-week high here today. Canadian-based company that is a wannabe AI company. I’m going to add that to the database. And speaking of NVIDIA, the H200 chips, I don’t know if it’s H20 or H20. It looks like H20 when you look at it. That’s quite a bit lower than their high-grade chips. Those are the ones that China gets the access to. They don’t get access to the Full Monty there. They get access to the AI, but still there’s tremendous computing power in those. And of course, China is a formidable competitor in the AI race. In fact, Jensen Wang said it yesterday that their models, their AI models are legit. And they’re catching up with us very rapidly. Where they haven’t caught up yet is the Wang chips. And, of course, even the U.S. chip makers like AMD and Broadcom and others have not caught up or even close to what NVIDIA has to offer. Okay, one of the companies reporting today, and I am just – the performance of this stock and the turnaround – that Larry Culp has achieved at GE, which split into three companies. I believe it was under Culp’s leadership that that happened. But let’s look at GE over the last 12 months. Now, this is the aerospace division, okay? GE is up 68% over the last 12 months. It has an A-plus momentum grade. That refers to the performance of the stock. Over the last three years, this stock has delivered 90% per year since Culp has been there. This is one they’ll be talking about at Harvard and Stanford at the business schools for years. This turnaround at GE from the mess that they were in. Now, if you look at their 10-year track record, it’s pretty dismal because it includes all those really bad years before Culp got there. Over the last 10 years, it’s averaged 9.1. But if you look over the last 1, 3, and 5 years, their 5-year record is now 50% per year. GE went down 81% during the last bear market, 07 through 09. So right now their performance grade, which is weighted, short-term, intermediate-term, long-term, they’re at right up there they’re an a plus performer right now okay so ge passes uh my uh my performance uh criteria so from there we go to the valuation criteria and uh how much is this ascent in the stock can there be any valuation left in the stock well I’m using a 15% growth rate over the next five years, which is a little bit on the optimistic side, but it’s also the consensus estimate out there. I mean, that’s coming from the analysts that cover the company. If they can grow their earnings, which are around $5.60 right now by 15% a year over the next five years, and traded a reasonable multiple, I don’t know what multiple I’m using, probably somewhere in the low 20s, I get 88%, let me make sure that’s right, I think it’s 88% upside potential, which also meets my, 86% upside potential, that also meets my valuation criteria. So when you weigh those two, I equally weight, pretty close to equally weighting, the performance and the valuation. Now remember, most quant systems, in fact, maybe all of them, they’re performance only. They’re momentum only. They do not take into account valuation. And that was the big chink in the armor as far as I’m concerned with the canceling methodology that William O’Neill used. at Investors Business Daily, it didn’t include valuation. I don’t know how you get V in the can slim, but it should be, you know, maybe you need a can of V slim. Can of V slim. But right now, GE meets my performance. my valuation, and it has a solid chart. So they’ll be talking about this story for decades to come about Larry Colt’s turnaround at GE. We’ll be right back.
SPEAKER 03 :
You got to go where you want to go. Do what you want to do. Live in the weather. where you bought it.
SPEAKER 05 :
And welcome back here to the final segment of today’s Best Docs Now show. Our big winner today is Taiwan Semiconductor, TSM, which had quite the report. And remember, they are linked at the hip to NVIDIA. Jensen Wang, obviously from Taiwan. His cousin, the CEO of AMD, is Taiwanese. And where do they make all these chips? Taiwan. Taiwan. Taiwan Semiconductor, TSM. Now, the plan is, I don’t know if they’re making chips in Phoenix yet. I don’t think so. But they’re building a plant there. And maybe in Austin, Texas also. But for now, you know, 75 to 80% of the chips are made in Taiwan. Here’s their report. Take this Pepsi. Their sales were up 54% year over year.
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54%.
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Remember, this is a $1.2 trillion company. You’re not going to find a lot of trillion-dollar-plus companies with this kind of growth. 54% growth in sales. 79% growth in earnings those are my kind of numbers you see I’m not into 3% 4% 0% 1% growth and this is a large cap stock we own it it’s one of our largest positions and it is up 3.1% today okay on that terrific earnings report now Let’s take a look at Taiwan Semiconductor’s track record. And as I said before, during this earnings season, as companies report, I love to look at the back of that baseball card and see those stats. I’m a stats guy. Over the last 10 years, Taiwan TSM has put up 29% per year return. Average returns, that’s if you take the price of the stock 10 years ago, versus the price of the stock today, add in the dividends, and you calculate a compound annual growth. That’s what the app does, okay? I put those formulas in there. That 29% per year over the last 10 years compares to the S&P, which is 19.8. The difference is about 10 percentage points per year. That’s called alpha. That is excess return over the S&P 500. Over the last five years, Taiwan, TSM, has delivered 31% per year, while the market is 18.9%. Over the last three years, Taiwan is 40%. Now, these aren’t hypotheticals. I’m not going back and saying, well, it could have been this if it would have done this. That’s what they’re doing at technicaltrading.com or whatever it is.
SPEAKER 06 :
This is real.
SPEAKER 05 :
This is real numbers. Okay, 42.4 versus, they’ve doubled the returns of the S&P 500. And over the last 12 months, the stock’s up 30% while the S&P’s up 11. This is the real deal. The performance grade is an A. That’s taking into account the short-term performance, the intermediate performance, and the long-term performance. But if you look at what it’s done lately, which is geared more towards the one- and three-year performance, you have an A-plus momentum grade. William O’Neill in his CanSlim, he used a scale of 1 to 99. I’ve just stuck with the grading system because I grade everything on the curve. If you compare Taiwan versus all the other stocks in my database, 5100 in my quant system, it gets an A-plus momentum grade right now. Now, okay, it’s one thing to look in the rearview mirror and say, gosh, if you would have bought this stock, look what you could have made over the years. Woulda, coulda, shoulda. Well, you know what? That’s where valuation comes in, and that’s the job of an analyst. I spent my first several years in the business kind of on the outskirts of town a bit as an analyst, writing up some research reports along with building a clientele business and managing money, etc. But I made several trips to the Bay Area, which is the financial capital of the West Coast. and visited a lot of mutual fund managers and hedge fund managers man that was booming back in then that was 2000 that was 1999 when the nasdaq was roaring okay and i talked to a lot of people with franklin and gt global and kevin wank i learned a lot from him he was a big fund manager But anyways, that Taiwan semiconductor has put up some big numbers here as far as returns. Now, the valuation is the job of the analyst, and you’re going to take the earnings estimates for this year and next year, and you’re going to extrapolate them out over the next five years. That’s what I do. That’s what I was taught to do, five-year target prices. We come up with five-year growth rates, right? I mean, if you look at Yahoo and look at Taiwan Semiconductor, you’ll find that the five-year growth rate is listed, let’s see, let’s look at the valuation here. The consensus growth rate is 15% per year. Which I think is reasonable. And then we apply a multiple to those earnings five years from now. And Taiwan still has 88% upside potential, Barry. So it meets our performance criteria. It meets our valuation criteria. And how do you argue with the chart that’s hitting a new all-time high, which especially makes me happy because it’s one of our biggest positions. So you can see how you really separate out a… a stock from the rest. When you get into this realm of performance, valuation, chart, momentum, growth, all of this, you’re talking about maybe 10% of the entire market. The other 90% There is so much mediocrity in the stock market. There’s many companies that shouldn’t be publicly traded companies. I mean, what’s the point? They’re not making any money for their shareholders. But TSM is still the real deal. It’s also a dividend payer. You have the added risk, obviously, with China always wagging its finger at Taiwan, saying, you belong to us. Someday we’re going to prove it to you. But anyways, for the time being, it’s one of the best stocks in the market now. In fact, it’s ranked. The ranking is number 15 out of 5,108. Okay, well, that’s going to do it for today. Detroit, August 5th and 6th. More specifically, Bloomfield Hills. which is just a little bit inland there from inland. I guess you call that. I’m used to living on the coast from Detroit. And we will be there Tuesday night and Wednesday and Tuesday day to book an appointment, 855-611-BEST, to get a four-week trial. Look up your stocks. Look at your portfolio. Grade your holdings that you have in your portfolio. See what the grade that my system gives them, a quant system that is half value and half momentum. A very novel concept, which has been a pretty potent combination. GundersenCapital.com if you’d like to set up a phone or Zoom appointment with us from anywhere in America. 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.
