SPEAKER 02 :
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 edition, 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 certified financial planner. And we have a downdraft in the market today. You’ve got two elephants in the room. It’s hard to fit one elephant in the room, Barry, let alone two. One elephant is the 10-year hitting 4.30% today after our friend Jerome Powell, who’s no friend at all. Did nothing again. And we also have an elephant in the room with oil. 1.26 again today. Those are the two elephants in the room. I say this, too, will pass, however. But the Dow is down 235 right now to 45,989. And of note, the Dow is breaking below its 200-day moving average today, undercutting some support. Now, one day does not make a trend change, but it is something to watch very, very closely. It may be time for a little bit of inverse Dow in our portfolios right now. The S&P 500 is down 32. It’s also barely undercutting its 200-day moving average. It’s at $65.92, and the NASDAQ, despite blowout earnings by micron, this may be, I don’t know if this is as big as NVIDIA’s earnings report a couple of years ago, but it’s big. There’s the other elephant in the room, and it’s a happy elephant. But the NASDAQ is down 141 right now, 22,011. The memory story still has legs as far as I’m concerned. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management, a nationwide fee-based only money management and financial planning firm. And I’ve got to give Barry kudos here. You know, I don’t want his head to get too big or he’ll be asking me for a raise and a new car. Right. You know, the corner office and everything. But I sat in on a one-hour meeting yesterday with him and a prospect, you know, out west of the Rockies, I guess. Maybe east of the Rockies, but right there on the Rockies. And I got to say, I think Barry’s the best financial planner I’ve ever witnessed. I’ve only known one. You only wanted to talk to one. But I said, you know, if I needed a financial plan. Which isn’t exactly my bailiwick. I like it and all, but I like making the money. I’m the money-making part of that financial plan, at least I strive to be. Yeah, you control the means to the end is what it is. Yes, but you know, when you get into all of this Monaco… And at the end of the day, the plan he put together had a 96% chance of reaching its, and of course the numbers we use are pretty conservative, but still more aggressive than I would say what Wall Street uses. So I have to give him, my hat is off to Barry, and hopefully he can train a whole bunch of financial planners in the future under him, the things that he’s learned over the years, and hopefully I can teach a whole bunch of money managers and stock pickers what I’ve learned. That’s a potent one-two punch.
SPEAKER 04 :
Right. And what I always tell clients is, you know, obviously they’ve done the hard work, right? They went out there and worked their tails off and were good stewards of their wealth. And then, you know, then we obviously quantify, you know, what that looks like and then develop a go-forward allocation. And then Bill’s, you know, Bill’s making the plan work in terms of managing the assets underneath the plan. Right.
SPEAKER 03 :
It also magnified to me, what’s the alternative? The alternative is a 60-40 mix. Because I think we’re talking about a 60-year-old somewhere in there. And that’s what 90% of the planning firms out there are going to push on you. And the 60 being stocks. and the 60 is going to be full of soggy stocks okay yeah i just can’t believe the portfolios that transferred to me why does everyone own accenture i don’t know what it is about accenture but every wall street firm or every big planning firm or every big money manager has to own accenture it’s the worst stock in the market now one of the worst stocks i can name hundreds others
SPEAKER 04 :
I think the last time I heard Accenture in the financial news was because they were being disrupted potentially by AI.
SPEAKER 03 :
I think it was a few weeks ago. I can’t remember where Accenture came from.
SPEAKER 04 :
Did they not come out of the… Arthur Anderson? I think they might have. If not, I don’t want to put them in the Arthur Anderson… in a box if they weren’t.
SPEAKER 03 :
But I’ll do some research and find that out. And worse yet, okay, so the 60% is going to be in soggy stocks or ETFs. The 40% is going to be in bond funds and private credit. That’s a potent one-two punch right there. Bond funds have averaged about 1% over the last 10 years per year. So how can you even do a scenario where, you know, you could be taking 4% out of your portfolio or 6% out of your portfolio if you’ve got 40% of your assets in a 1% returning asset?
SPEAKER 04 :
Yeah, the math. I mean, the math doesn’t, I mean, you’re essentially capping yourself, you know, Forever. There’s no way that you can have an outsized return even in years where the market has outside returns because you’ve got that anchor holding you down.
SPEAKER 03 :
I’m just convinced more and more and more every day that we’re the alternative investment. Not private credit and not non-traded REITs. The alternative is the alternative to the traditional, right? The traditional is probably 90% of the market. That’s all I know is I talked to 100 suitors that wanted to buy my firm and 100 of them were traditional Wall Street firms that wanted me to convert to what they do. And no, I want to find a partner that will take and run with the system that we do. And I know that partner is out there. And who knows, it may be closer than we think. But anyways, I am just convinced that mediocrity is the word. Mediocrity is the word of the day, and I say that with 26 years sitting behind the desk. How many people have I talked to across the desk or in the conference room or via Zoom or over the telephone that are being offered this same old stuff, same old moldy? It’s moldy. It’s like a kitchen in avocado green and harvest yellow. which we had in the 60s in the home I grew up in. It’s just outdated. But, you know, they continue to peddle the same old stuff. That’s just me. Okay, let’s get to the markets here because there is a lot happening. And question number one, Micron has… An unbelievable quarter. Just unbelievable quarter. I don’t think that the last chapter of this story has been written. And by the way, that kind of initial sell-off in Micron is being bought right now. Barry, their sales were up 196%, and their earnings were up 682%. This may be the greatest quarter I’ve ever seen. I’ve got to go back to NVIDIA. It was close.
SPEAKER 04 :
If it’s not NVIDIA, it’s definitely Microd. They’re up there. And the problem is, numbers were so good. The one piece of the whole report and earnings call that really is the reason the stock is down is because they said, hey, we’re going to need to spend more money to create more capacity. You don’t want to do that.
SPEAKER 03 :
You don’t want to expand your business. You don’t want to open more offices across the country. No, that’s not good. That’s going to cost money. You know, it’s just like the market gets it wrong so many times. Do you know that the PE on Micron is 21 right now? They’re going to make $37 this year in earnings versus $8 last year. And next year they’re going to make $57 per share. This is unheard of. This should be investigated by the Department of Justice for gouging the public or whatever. But the problem is there’s no competition. There’s only four companies that do this. And this may be the greatest earnings report of all time. Now you say, why is the, you know, I’m not surprised that the stock is down. It’s like, what? What have you done for me lately? Okay, we’ve already priced in this quarter. Oh, I don’t think so, because it came in way hotter than the street expected. But there are a couple elephants in the room right now. You’ve got this little war going on, this little skirmish going on in Iran, and a little strait called Hormuz that’s got the market choked up. But it will clear. It will pass. I’d have no doubt about that. And you’ve got this guy in the Fed that’s a total bozo, Jerome Powell, whose days are numbered. And you’ve got the 10-year at 4.30, which is ridiculous, which puts the 30-year mortgage at 6.30. That’s ridiculous. We’ll be right back. And welcome back here to the second quarter of today’s Best Docs Now show. Well, I would say that the PPI report is part of the reason why we’ve got this jump to 4.30 all of a sudden. and fear of inflation comes back. The fuel on the fire there is obviously rising energy prices. I think eventually it will work its way out. Barry, you mentioned something as we were talking before the show that a lot of the LNG production over on the other continent is being disrupted. And guess who that helps? That helps U.S. LNG. And you know what? We’ve been building our capacity for a long time here. And, you know, Trump always did want Europe to turn to us for LNG. Instead, they turned to Putin, which was a bad idea, very bad idea. No.
SPEAKER 04 :
Primarily Merkel. Yeah, it was really Merkel. Yeah, it was Merkel. I mean, literally, you know, she did that in Germany and then at the same time kind of decommissioned all their nuclear plants. So not the best energy decision.
SPEAKER 03 :
So, you know, being positioned in U.S. LNG, you know, the LNG capital of the world, we were just there in Houston. Yes. The LNG capital of the world is right there. Buy LNG from the US of A. We are ready for business. We have the capacity. The players are Devon Energy, the stock with the symbol LNG, and many other players in this LNG market. I think there’s a real story there over the next several years. uh in us lng and the ancillary companies uh that uh go with it which were we started seeing this move in uh oil and gas several months ago as it started rising up as the top sector in the market basically rising from the ashes i mean that that that sector has just been dead in the water pardon the pun but it has uh really started to take off And there’s a lot of great players in there right now to be looking at as investments. Initial jobless claims unexpectedly dropped in the past week. So we have no problem with the labor markets right now. They came in at 205,000.
SPEAKER 04 :
The four-week average, what, 215, I think? So, I mean, we keep saying you’ve got to get closer to 300 for any kind of pain.
SPEAKER 03 :
Yeah, we’re not even close. 215 over the last four weeks. No recession in sight as of now. And I agree with Deutsche Bank here. They say that S&P 500 is nearing a typical geopolitical bottom window as Iran risks intensify. Global equity markets are entering a phase that has historically marked the worst point of a geopolitical-driven sell-off. I agree with that. The market is forward-looking. And, you know, we go back to the COVID. The market started rallying in the darkest moment of COVID. We go back to the Fed interest rate hikes of 2022. The market started to rally before the Fed was done hiking interest rates. We go back to the tariff war of a year ago, and the market started rallying way before deals were worked out with countries around the world on tariffs. And Deutsche Bank, I think, is correctly saying, look, you know what? This is probably the bottom of the market in here somewhere. I can’t say today’s the day, but as far as this recent geopolitical risk that we have. And it’s also creating opportunity. It’s brought a lot of the AI stocks. You’ve got Micron trading at 21 times earnings. You have Nvidia trading at 20 times earnings and on and on and on. And you have the S&P 500 now trading at under 21 times earnings. So if we could get that Strait of Hormuz cleared and start to get interest rates coming down again. Thanks, Jerome Powell. Don’t let the door hit you on the way out, kid. He said he’s not going to leave now. He’s waiting until the investigation is done. They’re going to have to bring in a SWAT team to get him out of there. He’s camped out in the Fed Reserve in that policy bill for billions and billions of dollars over budget. He can’t even manage that project, let alone… The Fed.
SPEAKER 04 :
I think they’re going to have to make some kind of backroom deal and say, hey, if you leave, we’ll drop this golden parachute suit. Yeah, I think that’s how.
SPEAKER 03 :
Well, they threatened him with investigations that didn’t get rid of him. But the two year here’s the problem. The two year climbs to a seven month high. as the Fed dampens rate cut expectations. In fact, the prediction markets are saying, I don’t think we’re going to get a rate cut. But don’t forget, you’ve got a new guy coming in in May, is it?
SPEAKER 04 :
Yeah, around May 15th, supposedly.
SPEAKER 03 :
That will be like a breath of fresh air. Open up the Fed, open up the windows, let the fresh air in, get the stink out of that place. and get this market juiced again. It’s ridiculous that a new home buyer has to pay 6.3%. It’s completely frozen, practically, the real estate market. and uh… there’s really no reason for it but he’s a stubborn little guy in the you know he’s he he’s got that power and unfortunately when you get some people too much power it goes to their head and they they abuse their power that’s the way i look at it but the yield curve is all messed up right now the two-year is that uh… three point nine right now i guess if you’re a saver and uh… cd investors good news But if you’re an investor, that needs to come down. Okay, let’s see what we got next. Prediction markets, yeah, 73% chance of nothing happening this year. Now, we move to stocks. The market to Micron. What have you done for me lately? Okay, go ahead, sell off Micron. I think a lot of people, there’s a lot of profit-taking there. It’s the old adage, by the rumor. The rumor was that Micron was going to have a blowout quarter. Selva News, Micron had even more of a blowout quarter than anticipated. And expect to see a story, an article out of us soon with this Micron News MU. But this is one of the biggest squeezes of all time as far as supply goes. I mean, you talk about the oil embargo of the 70s when oil skyrocketed and we had to wait in line to get our tanks filled. This memory shortage is really crimping the whole AI build-out. But they’re keeping up. They’re doing their best to keep up. They’ve just had to raise their price because supplies are tight. But we’ve learned that AI needs Samsung. AI needs SK Hynix. AI needs Micron. AI needs SanDisk.
SPEAKER 04 :
And they need helium, too, which about 40%, I think, of the world’s helium goes through the Strait of Hormuz.
SPEAKER 03 :
Yeah, I know. I mean, those balloon vendors at Disneyland, what are they going to do without heating them? Prices are going up. Well, when we come back, we’ll talk a little bit more about this whole memory issue. It’s one of the biggest stories in the market, and I don’t think that the final chapter has been written with Mike Braun’s report yesterday. 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. Thank you.
SPEAKER 06 :
Welcome back here to the second half of today’s Best Stocks Now show.
SPEAKER 03 :
I’m going to go through some numbers here. I didn’t really have a chance to really dig into these numbers on Micron. as they came out after the close of the market, and after a long day of work yesterday, but this morning I’ve had a little bit of time, the memory chip maker issued guidance that left Wall Street’s forecast looking almost comically conservative. Get this, Barry, for Q2, which will begin in two weeks. Micron guided to revenue of between $33 and $34 billion. Do you know what the analysts’ expectations were? $24 billion. No. Wow. The expectation of $24 billion missed by $10 billion. Now, you could say that, well, the market knew this and has already priced it in. Well, that could be so. I think that the market will sober up here on this estimate, on this report, and go, wow, holy cow. And I think you’re going to see price target revisions to the upside. How can you not? No, it’s not $24 billion, which is $100 billion a year in sales. It’s going to be $34 billion, which is way over. That’s the expectations, okay? Now that’s the sales. That’s 45% greater than what the street expected. Now you get to the bottom line of earnings. Adjusted EPS guidance of $18 to $19. Somewhere in there. You know what the consensus was for next quarter, Barry?
SPEAKER 1 :
$11.
SPEAKER 03 :
And no, they raised it to $19. Somewhere in the $19 area. A margin of almost 70%. That’s not beating earnings. That’s beating forward guidance. Which is incredible. It could be one of the most dramatic earnings beats in recent memory. Pardon the pun. Right? It’s all that. And the market responded by sending the stock lower.
SPEAKER 04 :
Well, good news is it’s on a pretty good recovery. It’s coming back. Folks are listening out there. It’s down 1.81%. It was down as much as 6.5% I think this morning. Yeah. Like I said, the only reason the stock got hit was because people were reading, oh, they’re going to have to spend some money to make more money. That’s really what that comes down to. We tend to call that investing, but we’ll see how that shakes out.
SPEAKER 03 :
I think in the coming days, how many price target upgrades are you going to see to MU?
SPEAKER 04 :
The result was a painful… Did you see their gross margin, Bill?
SPEAKER 03 :
Their gross margin was 81%.
SPEAKER 04 :
They should go to prison. Yeah, I mean, they should sell it a little cheaper, I guess.
SPEAKER 03 :
And we complain about the oil companies gouging us at the price pump, right? What’s their margin?
SPEAKER 1 :
6%, 7%?
SPEAKER 03 :
We should take Micron to court for price gouging here. And just obscene profits. Just absolutely obscene margins.
SPEAKER 04 :
You know what their forward P.E. ratio is now after yesterday’s forward earnings guidance and report?
SPEAKER 1 :
12.6.
SPEAKER 04 :
Okay.
SPEAKER 03 :
All right. But here’s the thing. Okay, this is a one-time bulge, right? This is going to eventually smooth its way out. Right now you’ve got this big pile of sand that has built up that’s going to take a long time to smooth that pile of sand out because the demand equation is so far out of whack right now. But eventually, what do they do? They turn on the spigot in every way they can. Unfortunately, in this industry, you can’t just turn. You’ve got to build new plants to turn on the spigot, and that takes time. But Micron has been planning for this. They’re building a plant in upstate New York. They’re building another plant in Taiwan. They’ve increased capacity at their other plants across the country. And yet they’re still far, far behind. So anyways, I think you’ll see plenty of upgrades. I saw SanDisk getting an upgrade today, which is the big competitor, one of the competitors to Micron. SanDisk was in focus on Thursday as Citi upped its price target on the company after Micron’s earnings report. So that’s the other player. And Citi upped their price target on SanDisk to $8.75. from seven hundred and fifty and let’s see where send this i haven’t looked at send us today there’s been so much breaking here there’s been hard to keep up sandisk is now it was down and now it’s down just one point four percent so it’s trading at seven forty And a big Wall Street firm like Citigroup just upped their price target to, what did I say, $875, and it’s at $740. That’s significant upside potential. SanDisk made $3 last year in earnings per share. This year they’re going to make $40 per share. That’s a 1,200% increase. And next year, they’re going to make $87 per share. That’s what, nine times forward earnings, I think, something like that. This is growth like we’ve never seen. This is a squeeze. This is similar to a short squeeze, I suppose. The same kind of dynamic. where you’re just squeezing all of this. There’s just no bringing down the price of memory chips right now because the demand is so hot. So it’s incredible. And then the other player, Samsung and SK Hynix. Well, I use EWY, the ETF, the South Korea ETF, as a proxy for that. Because 50% of that ETF is those two stocks. I don’t know of a way to get bigger exposure to those two stocks. If I got a listener out there that knows how to buy SK Hynix without moving to Taiwan, I don’t want to move to South Korea. I don’t want to move to Seoul.
SPEAKER 04 :
Yeah, it’s got to have enough volume, too, in other words, for you to actually put it in a managed portfolio.
SPEAKER 03 :
And I’m not so sure Hynix even trades in the U.S. I think it trades. I’d have to become a South Korean citizen, which may be worth it. You know, a few things are worth it like this. But anyways, EWY, that ETF has swelled to $17 billion now. And it has almost gone positive now. It’s really… They’re starting to come to their senses on this earnings report right now. They’re waking up. Of course, in California, they’re just waking up. But the Silicon Valley, when they start to look at these earnings, I mean, how can you just not… dumbfounded by this earnings report by Micron. And like I say, we’re working on a story that we should have out. We had one two days ago out on… Seeking Alpha. Yeah, it got almost 10,000 views before. That was a great article. You know, I have some junior analysts now that I’m training under my tutelage, which helps extend what I do. I mean, I can’t sit here and write articles all day, but I can teach others. Time constrained. Time constrained is what you are. Yeah. It’s six to eight hours to write an article. That’s not the best use of my time. But identifying the stock and using the best stocks now apt to frame the article, then you just got to put a little bit of flesh on the bones and bang and some research. And that was just an outstanding article by one of our junior analysts. He hit it, and it had 10,000 page views as of this morning. And wait until they see our MU article. We’ll just see where that one goes. I mean, we have to hash together all the facts, all the new facts that we have. It takes a lot. I mean, there’s a lot of moving parts right now. in this industry okay let’s see i want to go to we just talked about sandisk it gets a big upgrade here today
SPEAKER 04 :
These Chenier Energy are just bouncing off the, popping out on my screen here. LNG is up 12%. Oh, how is Devin doing? It’s up close to, just right around three. Oh, that’s all? Yeah, Halliburton up just under two. So some of these names are starting to get some life, given the longer that some of this happens over in the Strait.
SPEAKER 03 :
Yeah, and really LNG is the purest play on this issue taking place in Europe. But there are also some European players that are showing up in my app. Nesty was one of them, and it’s got five symbols. It’s out of Finland or something like that, I think. And it’s a big LNG player in Europe. So thank goodness for the app. I don’t have to travel to Finland. It shows up in my A-plus momentum screen and points me in the right direction to at least look into it, along with several others right now in this LNG story, which is a whole other story besides memory. We’ll be right back.
SPEAKER 05 :
On a winter’s day… We’ll see you next time.
SPEAKER 03 :
And welcome back here to the final segment of today’s Best Docs Now. Show April 7th, 8th, and 9th. Spend your spring break with the Gunderson Traveling Show. Traveling Salvation Show. That was a Neil Diamond song. I loved that song. He was quite an entertainer. But anyways, we’ll be headed down to Sarasota, one of my favorite trips. We like to go a couple times a year down there. And we’ll be at the Even Hotel there in Lakewood Ranch, where all the action is in Sarasota. It’s left downtown. It’s left… Longboat Key. But that’s the expensive side. Boy, I tell you what, we looked into that. St. Regis or whatever. That thing is a sweet place. It’s one of the nicest places I’ve ever stayed at. But to do a conference there and book a bunch of rooms, oh, man, you know what? It would have cost me an arm and a leg and both legs, maybe. I’m Norwegian. I don’t, you know, I watch my expenses. But it is a great place to go. And I can’t wait to teach the workshop there on Tuesday evening, April 7th. And then meet with the folks. It’s always good to meet with the folks. Maybe Monday night, Barry will gather there at the, you know, the, I can’t think of the name of that place right now where we go to get the mahi-mahi black and salad.
SPEAKER 04 :
Talking about the place on the water.
SPEAKER 03 :
Yeah, that’s been there forever. I just like it.
SPEAKER 04 :
Right in front of the old place where we used to stay before they knocked it down.
SPEAKER 03 :
In front of all the mega yachts. Yeah, the mega yachts that we sit amongst there.
SPEAKER 04 :
Something Jack’s. Isn’t it something Jack’s?
SPEAKER 03 :
Yeah, Marina Jack’s. That’s it. We put business cards on all the mega yachts while we’re sitting there, just in case somebody wants a real good money manager. Anyways, I want to talk about Lilly just for a minute. Just for a minute. That was my other pick for this year. Micron was my number one pick. Number two was Lilly. I think that I’ve heard this from several people. that the next generation of weight loss drugs coming out of Lilly is even going to be more potent than the current ones. I personally know people that have, I know a friend at church that’s lost 80 pounds. I know someone in the industry that’s lost 100 pounds. I personally have lost 40 pounds. That was not going to happen at Planet Fitness. That was not going to happen with Lean Cuisine. It’s just not gonna happen. You know, I mean, we’ve all gone that route. We’ve all done that.
SPEAKER 04 :
Even Jenny Craig gave it up, right? Jenny Craig gave it up. They’re doing GLP ones now, right?
SPEAKER 03 :
Yeah. So, you know, I mean, this GLP stuff is just, it’s amazing. It’s incredible. And if you’re really serious this time about just saying, you know what, and they talk about the cost of it. But the money you save at the grocery store and going out to eat and everything more than makes up for the cost, let alone the health benefits that you derive and the energy that you derive from it. I am just a huge proponent of it all. And yet Lilly’s Stocks are trading at 22 times forward earnings. You could buy Procter & Gamble at 22 times forward earnings. They have no growth prospects whatsoever, hardly at all, maybe 3%. Whatever GDP is, that’s what Procter & Gamble’s growth is. And I think Lilly has just barely, especially after my recent trip to Disneyland, I see that a lot of people could be on these GLP-1 drugs. And helping themselves a lot. They wouldn’t have to rent a wheelchair or a mechanical chair to run around in. They could lose the weight, seriously. And I think that there’s still a big story, many chapters left in this GLP-1 story. And I’ve been told by many people, wait till you see the next generation of weight loss drugs that Lilly is working on. So anyways, I would just throw that out there. And in fact, there’s news on it today. Lilly’s NextGen weight loss therapy succeeds in late stage trial for diabetes. And, of course, weight loss itself. So that is still a very… Although there’s not any momentum in the stock right now, I think that there’s now. On the other side of that is Darden Restaurants. They reported earnings last night. That’s… What is that, Olive Garden, Bahama Breeze? Yeah, Red Lobster. Did they split that one off? Longhorn Steak, all the different ones, their brands. They’re doing pretty good, actually. In fact, they even have Roost Chris Steakhouse now, the Capitol Grill, Eddie V’s, which my wife and I like Eddie V’s when we go to San Diego downtown by the not-too-far. You can walk to the ballgame from there. And that’s another thing, baseball season getting started up here pretty soon. We can’t wait for that.
SPEAKER 04 :
We’ve got the NCAA tournament starting today. Yeah, we’ll have that on. The next two days are some of the worst, most unproductive work days.
SPEAKER 03 :
Yeah, as we watch Missouri State take out the number one seed in the West or some little college. There’s always one or two on opening day that are just shockers. That is the funnest thing to watch. I will have my TV on in the background here today. Now I just wanted to look at Darden just for fun. They did report earnings. They’re part of the weight loss issue in America. With many others, McDonald’s, et cetera. Let’s see how Darden’s doing. We’ll take a break from memory here for a minute and AI. Darden is up, actually, 19 cents today. If I were going to own a restaurant stock, the two best ones right now, and I wouldn’t own a restaurant stock, but Kava’s really been on a roll, even though I can’t figure that one out. The one in our town does very little business. But Kava is growing their earnings and blah, blah, blah, across the country, opening up new stores. And Darden, I mean, they’ve been around for a long time, but that’s a well-managed company, and their growth is in the 5%, 6%, 7% area. Okay, to reserve a seat. to the workshop in Sarasota on April the 7th at the Evan Hotel, 855-611-BEST to set up an appointment with us. Barry has appointments all day long now, and he’s going to have to start training some help here real soon. Call us at 855-611-BEST to get the newsletter, check our portfolios out. to see what’s happening in the market, our macro outlook every week, etc., the live trades, GundersenCapital.com. That’s GundersenCapital.com. And I do believe, I’ve kind of convinced myself that this Micron report is the single best earnings report I’ve ever seen. since I’ve been in the business. The only thing, maybe NVIDIA may be equal to it. I think Micron beat it. I really do. All right. Have a great day, everybody.
SPEAKER 01 :
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.
