Join professional money manager Bill Gunderson and chartered financial analyst Barry Kite as they delve deep into the current state of the financial markets. Discuss with them the implications of the latest trade deal with the UK and the government’s interest rate policies. With insights into the Bank of England’s rate cut and Jerome Powell’s stance, explore how these decisions impact mortgage rates and the broader economy. Dive into the retail sales surge attributed to tariff anxieties, and understand how consumers are reacting to these ever-changing circumstances.
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, the Thursday, May the 8th, 2025 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 the market is off to a very green start today. No help from Jerome Powell. But it looks like the first trade deal is to be with the UK. That looked to be the low-hanging fruit from my perspective. And it looks like maybe it’s done here. And the Dow is up 201 points. 41,315. The NASDAQ is up 123 points. It’s at 17,861. The small caps, Russell 2000 up 77 basis points right now. The bond market is pretty flat. I think Powell is behind the curve. We’ll talk about that here in a bit. But the 10-year is at 4.30. We’re not going anywhere. Crude oil is at $59.54. Gold is down 80 basis points, but it’s clear up at 3,363. And boy, I’ll tell you what, Bitcoin’s been on a roll. It’s closing in on 100,000 again. It’s up 2,399,414. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. I’m here with Barry Kite, our chartered financial analyst. And I would just say, Barry, the news that pops off the table to me, off the screen to me right now, Bank of England cuts rates by 25 basis points today. The day after our Fed stubbornly held and showed no signs of any rate cuts coming any time soon. Just from my perspective, watching the Bank of England and, of course, the EU has their own central bank, they’ve cut like six or seven times. And our guy’s done nothing. I just would say that that doesn’t make him look very good when the very next day the Bank of England cuts. And, of course, you know, Trump is calling Jerome Powell a fool. But I just think that, you know, I think our rates are a little bit too high. I look at the mortgage. That’s where I see it really hurting the common, you know, the working man, the working person, the working woman. with mortgage rates up around 7%. That’s too high. They need to start coming down. But it is what it is. He did not cut yesterday. And in addition to that, didn’t he say the word stagflation, Barry? Didn’t that come out of his mouth yesterday?
SPEAKER 04 :
Yeah, and I mean, they implied it in their statement. So, you know, I think the good news is at least the Fed has some, you know, has some room to cut whenever they finally decide to do so. It’s a better situation than we were in years ago, right, where we were at, like, you know, Fed funds was at one and a half, and it was like, well, if there’s a calamity, right, they don’t have much room to cut. Yeah. At least they have some, you know, have some powder, you know, powder in the, you know, needed if needed. Yeah. I think just in terms of the stagflation piece, they have a dual mandate. You want to keep unemployment rate low around 4%, say, inflation in that 2% to 3% range. And the problem is if those things start going in opposite direction, if you’ve got inflation going up and unemployment going up, well, cutting rates, basically they don’t have a tool in the toolbox. And that’s in the statement where they mention that they’re you know, elevated, you know, potential elevated unemployment. And as I mentioned, potentially elevated inflation if the – and he makes the point if tariffs stay in place, right?
SPEAKER 03 :
Yeah, I know.
SPEAKER 04 :
Which we’ve talked about that they’re not going to be fully in place. So that’s the piece, you know.
SPEAKER 03 :
I think he’s wrong. But anyways, there’s nothing we can do. We don’t have a vote.
SPEAKER 04 :
Yeah, we’re going to hear every speaker, by the way, pretty much on Friday. If you look at the list, I don’t know what conference they’re going to or what the deal is, but – They’re pretty much all speaking on Friday, so you can hear everyone’s perspective.
SPEAKER 03 :
I feel sorry for the person trying to buy a home at just under 7%.
SPEAKER 04 :
And the lower end has to be down, right, to get those longer rates down as well. But I will say, in reality, the Fed doesn’t control that long end.
SPEAKER 03 :
No, the market controls that. Okay, now. Late in the day, right before the close, there was news spreading that the chip ban, which this really impacts mostly NVIDIA, that he was going to ease up on the chip ban. And that did help the chip stocks there late in the day. I haven’t seen really the clarity on that yet. The big news today, of course, and this got the futures going, I think last night, Trump to announce trade deal. He may be doing it while we’re speaking, I don’t know, with the UK.
SPEAKER 04 :
I know it’s coming up while we’re doing the show. 10 a.m., he says, 10 a.m.
SPEAKER 03 :
ET. Well, that’s right when we started. Okay. You know, that was the low-hanging fruit as far as the trade deal. In fact, when their leader, Sturmer, I think it is, was here several months ago, it sounded like they were very close to a deal already. And, of course, you know, I mean, you’re not dealing with the EU where there’s a lot of countries. You’re dealing just with the UK. And it sounds like there will be a full and comprehensive trade deal, which has probably already been announced. And I think it’s good to get one under the belt there. One of the trade deals finalized, and you’ve got to expect more to come. I mean, it’s one at a time. Each one’s a separate entity that you’ve got to deal with. and supposedly i mean the trade deals are coming with india now we heard fall but there could be maybe a phase one of that trade deal and of course that’s the largest population country in the world israel that would be low-hanging fruit i don’t know why we raised the tariffs on Israel, but I’m sure they’ll come to an agreement. And they continue to negotiate with South Korea. That’s a big market. Japan, that’s a huge market. Vietnam and other nations. And then, of course, on Saturday, you have this big meeting in Geneva tomorrow, and that’s where our buddy Scott Besant from Charleston, South Carolina, will be. talking with one of China’s trade representatives. So things are happening. This seems to be the number two. I mean, his first priority was to get the border closed. His second one was probably to get a lot of the people here that are here illegally, especially the criminals, deported. That’s hit a big snag. And it seems like the trade deal is number three. And, I mean, it’s been choppy. There’s no question about it. Very choppy.
SPEAKER 04 :
And then taxes have been working in the background.
SPEAKER 03 :
Yeah, the budget. And Doge. I guess Doge would be number two, really. Getting government spending, cutting government spending, and getting it under control. I saw some snippets of an interview that Biden did. No, no, no. This comes from Bernie Sanders. I saw an interview with Bernie Sanders last night. He says that definitely government needs to be downside and there’s a lot of waste in government. But he did not approve of what Doge was doing or what Doge did. His big problem was the cuts to Social Security. It’s just the cuts to the people working there, not to the check that goes to each person. But anyways, we do have a trade deal now, it looks like, finally. And the European markets are up on that news. Now, did you see the retail sales report this morning? We had a much better than expected retail sales report as consumers are stocking up. due to tariff anxiety. Retail sales, including automobiles, gasoline, were up 0.72, seasonally adjusted, according to the CNBC-NRF Retail Monitor. These were much higher than the increases of 0.6 a month before. And they’re saying strong tariff-driven spending uh driving that big growth especially you know things that come from china and people know they come from china so anyways that was uh more proof that there was a lot of front end loading uh and i think in the earnings you know i think that’s showing up in our earnings which are now expected to be 12.1 percent higher Then the same comparable quarter last year when we began the quarter, they were at 7%. Now it’s 12%. I think that’s a reflection of a lot of the front loading that you’re seeing show up in a lot of different sectors. Okay, when we come back, I also saw a massive move to the upside in Google yesterday, or Alphabet. I really didn’t know what that was about, but there’s a little color on that today. And then the CrowdStrike CEO saying that the layoffs are happening because of artificial intelligence at his company. It’s flattened the hiring curve. We’ll be right back.
SPEAKER 1 :
Thank you.
SPEAKER 03 :
And welcome back here to the second quarter of today’s Best Docs Now show. All of a sudden, Google woke up late in the day yesterday as I was looking through charts. And then it sold off. And it has to do with Google’s in court. They’re talking about the – or no, Apple is claiming that Google’s search engine doesn’t work as well as it used to. Didn’t Apple say they were going to come up with their own search engine or something like that?
SPEAKER 04 :
Well, they’ve been – I mean, essentially they’ve been trying. I mean, I think they’re – I think, you know, right now I believe they’re – getting paid what i think it’s twenty billion dollars something of that nature from you know google i believe is paying apple to to have google on um you know on the phone is kind of the default search engine so um you know the thought is kind of what we’ve talked about before is you know the uh they’re expecting over the years to use use that uh you know use google less and less because you know search straight search will be less important because it’s going to be a kind of AI functioning throughout your phone and basically making search, I guess, irrelevant. That’s the thought process.
SPEAKER 03 :
Okay, all right. So anyways, that’s going on in the background. Actually, Google’s down now again today. Okay, CrowdStrike CEO, after the company’s layoffs, AI flattens our hiring curve. Okay, so if you read between the lines, you people that were laying off are more than likely going to be replaced with artificial intelligence. He says we’re operating in a market where technology is at an inflection point with AI reshaping every industry, accelerating threats and evolving customer needs. There’s only so much you can do, though, to replace a person. You know, I mean, I’m sure there’s a lot of kind of the mundane kind of work, but you still got to have in my book a lot of people-to-people interface with one another. But this is the first time I think that I’ve seen layoffs happen and the CEO to point to artificial intelligence, right?
SPEAKER 04 :
Well, and I’ve seen it on the coding side. I think I said yesterday, I’ve seen where a lot of these particular, I’ve seen it on the kind of across the security, cybersecurity firms is that they were talking about in terms of how they were some of the first people to actually see gains from AI, you know, meaning, you know, coding things faster. Yeah. And then, you know, eventually, right, some of that coding, you know, where you needed more coding power, right, you’ve been able to potentially likely replace with you know some of it with ai um versus uh you know versus your traditional uh coder yeah i guess you still need your relationship people at least currently otherwise you know um you know your i guess a relationship with a computer i don’t think we’re there yet but yeah on the on the actual coding side you’ve got uh you know some some potential where ai can learn and actually end up likely doing it better
SPEAKER 03 :
I’ve gone to a lot of sites where they have a chat bot, right, and you enter in your question. It usually leads to nowhere. I mean, you know, and then they switch you to a live person.
SPEAKER 04 :
And they say, call this. Yeah, or eventually a human gets behind the computer.
SPEAKER 03 :
They try to get rid of you first. So anyways, okay, it’s an interesting time we live in. All right, lots of earnings, earnings, earnings. And I would say… by the end of tomorrow we’ll probably be at eighty five to ninety percent of the earnings in and i’ll have an update for you in the newsletter on saturday uh… i have seen a little bit of downgrading to future earnings expectations but this quarter has come in much better than expected and i think that the fear and all of the uh… you know uh… pricing of stocks was over the down price during the big selloff was overdone i don’t think that the tariffs are having that much of an effect on uh… on wall street yet shopify slumps after profit guidance falls short of expectations Well, Shopify obviously is a pretty good company. It’s a $120 billion company headquartered in Ontario, Canada. And it’s replaced the shopping mall in many ways. It’s an online shopping mall. It’s a competitor to Amazon. I don’t think I’ve ever bought anything on Shopify. I guess I got to go out there and explore it a little bit. But they came in with their quarter. Their sales were up 27% year over year. And their earnings were up 25% year over year. Those are both good numbers. But they’ve kind of been used to 50%, 45% growth in earnings. And so the stock is down 2.4%. Their profit guidance falls short of expectations. You would think a company like Shopify would be impacted.
SPEAKER 04 :
Yeah, I mean, or their customers at a minimum, right? Because their customers, I think, could be affected. Obviously, their online marketplaces, where do they get inventory from, right? I’m sure the shops that they’ve set up online, everything from mom and pop places during COVID to very, very large businesses, I guess. The difference is online. Where do those products come from that they sell? And I’m sure, just like a lot of products out there, I’m sure they come from China or some country affected, at least currently affected in some form or fashion by terrorism.
SPEAKER 03 :
Yeah. So anyway, I mean, that was the big prize, too, for a long time. There were a lot of people competing for that online mall. There was BigCommerce. There was Shopify, and there were others, but Shopify definitely emerged. It’s hard to be second or third fiddle when one takes command like that and to compete with them. So anyways, I mean, it’s a formidable company. It’s growing at 20%, 25% a year. I have a problem with the valuation, number one. And I have a problem with the chart, number two. And we did sell our Shopify. We owned it for quite a while. And it was a good performer. And we finally let go of it because of the tariff concerns and the valuation. Now, okay, steel. Cleveland Cliffs plunges after posting a quarter one loss. And, you know, this doesn’t bode well for manufacturing. They’re going to idle six steel plants. They’re going to idle their plant in Hibbing. I think that’s where Bob Dylan is from in Minnesota. They’re going to idle their casting facility in Dearborn, Michigan. They’re going to idle their Steelton, Pennsylvania rail facility. They’re going to fully idle the Cone Shoken Pennsylvania plate finishing facility and idle the Riverdale Illinois Compact Strip Mill facility. So anyways, and they’re also deploying money for a plant in West Virginia. They’re no longer going to deploy capital towards that. uh so anyways that’s kind of the bad news uh out there in the manufacturing world that the demand for steel now they’re mostly i would have to say that they’re very associated with the automotive industry and that’s where the weakness seems to be right now okay when we come back quantum A couple of quantum stocks flying today and a donut stock getting fried today. We’ll be right back. This is Bill Gunderson.
SPEAKER 06 :
Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show.
SPEAKER 03 :
Now, back to the second half of the show. Thank you.
SPEAKER 07 :
Instigator Because there’s something in the air
SPEAKER 03 :
And welcome back here to the second half of today’s Best Stocks Now show where we finally got a trade deal with the U.K., which is a big trading partner, so that’s okay with the U.K. Now we need Mexico, Canada, the Eurozone, China, India, on and on and on trade deals. But, hey, you know what? It’s just good, and, of course, the market likes it. And it looks like we’re still awaiting the news conference.
SPEAKER 04 :
Really?
SPEAKER 03 :
Maybe they’re still got one little hang-up.
SPEAKER 04 :
Got to hash a couple of things out, you know.
SPEAKER 03 :
Get us out or something.
SPEAKER 04 :
Potentially get the Open Championship or the British Open right back to maybe one of Trump’s courses or something. You got to get that in the mix.
SPEAKER 03 :
Something.
SPEAKER 04 :
In the mix.
SPEAKER 03 :
Okay, now, back to yesterday, the stock of the day for me was our old friend Oscar Health, OSCR. It was up like 30%. We used to own Oscar Health.
SPEAKER 04 :
Blast from the past, yeah.
SPEAKER 03 :
And I would say in the quantum world that D-Wave is definitely probably the one that has done the best and been the most consistent, although it’s all over the map. It’s very, very volatile. But D-Wave actually, let me see if they reported any sales. They reported sales of $15 million, which is up 507% year over year. And they only lost 2 cents. And they lost 10 cents the same quarter last year. And this stock, I would call it the stock. No, we actually have the stock of the day, which we’ll get to here in a bit. They’re kind of duking it out right now. Which one you’re talking about. Yes, but D-Wave is up 32.2% on four times normal volume. It’s a $2.6 billion company out of Palo Alto, California. Where else would you expect a quantum computing stock to be than right there in Stanford, the home of Stanford University? D-Wave is up 32.2% today. That’s a good-looking chart. I think Jensen Wang kind of put a halt to all of these stocks, but I think that a lot of them are going up in sympathy. IONQ, it’s up 1.5%. ARQQ, which can really heat up, it’s up 4.6%. rigetti rgti is up uh 5.6 but it looks like to me if you want to play a quantum stock and stick it in your back pocket uh that’s the one is d wave which is qbts and it’s lifting the others okay this is the one this caught my eye crispy cream oh man it could be terminal uh You know, they brought it out of, it went private. And then it, you know, came out of being private. It went public again back in 2021. It’s just not a good environment and a good world for donuts with Zepp found.
SPEAKER 08 :
Yeah, I would say.
SPEAKER 03 :
With Govee out there and Healthy Choices. Krispy Kreme could be in big trouble here. They’re out of Charlotte, North Carolina. You know, I was guessing, as I said, I wonder where they’re headquartered. I’m going to guess North Carolina. I think they do like their donuts out here a little bit better in the south than they do out in Seattle and California and places like that where it’s more granola-oriented. Krispy Kreme is down 20% today. They halted their dividend. They pulled their guidance. Not good.
SPEAKER 04 :
Yeah, great donut, not a great stock.
SPEAKER 03 :
No, not a good profit margin in there. Okay, now the stock of the day. Let’s see if this one can beat. Yes, it is beating it. We own this in our emerging growth portfolio. It’s not sizzle. It’s sizzle.
SPEAKER 04 :
It’s sizzling right now.
SPEAKER 03 :
And that sizzles it all. It is right now. I got this from one of our radio listeners quite a while ago, told me to start watching it. It’s a payments company. That’s all digital payments platform that enables merchants to offer flexible alternatives to traditional credit. I mean, this has had some fantastic growth. It’s in Minnesota. Yeah. Maybe we should get a hold of them when we go to Minnesota this summer and broadcast from their conference room or something like that.
SPEAKER 04 :
That would be kind of fun. And a 10% short interest. Shorts are getting killed in this stock today. Right now up almost 45%.
SPEAKER 03 :
Okay, so it is in our emerging growth portfolio because it is a small. It’s only $2.5 billion with today’s move.
SPEAKER 04 :
Yeah, it was $1.8 billion before today.
SPEAKER 03 :
Yeah, we bought it when it was about $1.5 billion. We paid $47.10 and it’s hitting $76.45. We bought it on April the 24th. So it’s been good to us. Their sales were up 123%. I want to become a salesman for Sezzle because they’ve got something going on. Their earnings, I don’t want to live. I don’t know. I could live in Minnesota six months out of the year, nine months, eight months out of the year. There’s some good fishing and backpacking. I don’t know about that ice fishing. I’m going to do it one time in my life.
SPEAKER 1 :
285%.
SPEAKER 03 :
Their earnings were up 285%. And there’s big margins in those digital payments and payment companies. And this one is having a good day. We’ll call it the stock of the day.
SPEAKER 04 :
Yeah, I mean, taking just a little bit of every transaction, I mean, there’s certainly money to be had in that business, right? I mean, it’s wild.
SPEAKER 03 :
Yeah. Now, we do have one that’s disappointing today, okay? I am fair and balanced. Let’s see. It’s one of the computer software security stocks. that is down a little bit here today. I’m trying to think of the name here. Where’s the news? But in the meantime, let’s look at Flutter. Flutter reported, okay, Flutter, we just had the Kentucky Derby. Flutter owns Betfair. They own a lot of different entities. Flutter’s down 1.6%, but their earnings, their sales were up 8%. Their earnings were up 49%. They’re based in Ireland. I mean, that’s where the Irish sweepstakes, the Irish Derby, most of your great turf horses and thoroughbred racing come from Ireland. They’re going to make $12.69 in earnings next year. That’s the estimate. So we own Flutter. I like it.
SPEAKER 04 :
Fortinet. Fortinet was the one you’re thinking of.
SPEAKER 03 :
Yeah, Fortinet. F-T-N-T. It’s down 9.9%. That’s a choppy business. That’s a very competitive business. There’s a lot of competition. There’s a lot of players in the computer software security sector, which is threat management, etc. Forty net sales were up 14, earnings up 35, but the stock down 9.8%.
SPEAKER 04 :
I’ll tell you, a stock making a move today is Palantir. I mean, we were talking about up 6%. I mean, it’s pretty, you know, it’d be a pretty strong move technically if it can get back, you know, what it looks like above this. Yeah, which is going to be, you know, what I think it’s around 124, 125. If it can make it through that, then technically, you know, there was that article that we referred to yesterday with the head and shoulders. Of course, if it goes this way, it kind of almost completely bucks that trend.
SPEAKER 03 :
Yes, and I would say it’s definitely, for me, it’s the momentum stock of the year, and it’s the one I called back when I was at the NASDAQ the first few weeks of the year. I said, Palantir is my number one pick for this year, and I think it’s done pretty well. Since the beginning of the year, it started the year out at about $80 a share, and it’s been as high as $125. But it has to take out that old high of $125. But we’ll see. Okay, then we have Dutch Brothers, which we also have in our emerging growth portfolio. It’s having a nice day. We don’t have enough drive-thru coffee shops. We need another one. But Dutch Brothers is doing it right, and they have huge growth plans. They target 2,029 shops by 2029. They have a sharp CEO, Christine Barone. She highlighted the company’s strong Q1 performance. I mean, it’s been phenomenal growth. Their earnings were up 56%, doing better than Krispy Kreme, that’s for sure. Well, and better than Starbucks.
SPEAKER 04 :
I mean, look at Starbucks, their competitor. I mean, Starbucks has had a rough go.
SPEAKER 03 :
Right now, Dutch Brothers has 982, and they’re targeting 2,029 by 2029 in four years. They’re out of the coffee capital of the world, Grants Pass, Oregon. They’re in the northwest where, I guess, to stay warm, you know, that’s where Starbucks is headquartered in Seattle. We’ll be right back.
SPEAKER 07 :
We’ll be right back. On a winter’s day.
SPEAKER 06 :
You got to go where you want to go. Do what you want to do with it.
SPEAKER 03 :
And welcome back here to the final segment of today’s Best Stocks Now show. Let’s see, we have a few others here. We mentioned Sezzle. Okay, Talon Energy. Of course, Trump. is pro-nuke and it seems like the world is pro-nuke right now well not the whole world but it seems like the need for more energy especially as it relates to ai and these nvidia chips and these data centers And it seems like nuclear offers the best answer, but it’s going to take time. Talon is definitely a player. We own a little Talon. I bought it in the value portfolio because it was trading at about 15 times forward earnings. They own and operate infrastructure in the Mid-Atlantic, Montana, and New England, and they’re headquartered in Houston, Texas, which all sounds pretty weird, but that’s kind of the way utilities and energy works these days. Talon came in. They actually had a loss. But they obviously announced some good news because the stock is up. That’s a pretty good chart on Talon, T-L-N. Not your typical utility that pays a dividend. In fact, it doesn’t pay any dividend at all. But if you’re putting together a nuclear portfolio or if you own an ETF, there are a couple of nuke ETFs. They’re doing a lot better. I mean, they sold off really hard. during the tariff sell-off. And they’re coming back pretty strong. I mean, between Talon and Constellation Energy and Vistra and even the little one, Oklo, nanonuclear, they’ve all come storming back. And, of course, Trump said he’s going to grease the skids to get new nuclear going. you know, to ease the regulations on the permitting processes and all of this and that to try to speed things up. Okay, an old favorite, app-lovin’. is up 13.4%. We let Applovin go. How many times did I sell half of that stock just to bring it down? At one time, it was 20% of our emerging growth portfolio, one of the biggest winners. It goes definitely. I’ve got to create a wall of fame. with a little trophy with the name inscribed on it. I mean, over the years, 25 years, I could probably put easily 25 huge winners that we have found over the years. Going back, I mean, the early days of iOmega.
SPEAKER 04 :
Shopify was one that you mentioned just a little bit ago.
SPEAKER 03 :
Shopify did fantastic. Teladoc did very well. Luckily, we sold it in the 200s. You had the medical device maker that came along and disrupted the entire diabetes industry. You had Gilead Sciences.
SPEAKER 04 :
Dexcom, yeah, that was Dexcom and Insulet.
SPEAKER 03 :
You had Gilead, which came along with a pill that prevented you from having a liver transplant. Imagine the doctor saying, here’s your choice. We can wait for someone to die in a liver transplant, or you can take this pill. That was a game changer. Green Mountain Coffee, believe it or not, with their K-Cups was a game changer.
SPEAKER 04 :
Remember Invisalign, wasn’t that one?
SPEAKER 03 :
Invisalign was a game changer. That was, they disrupted the entire, that was a Stanford guy who had no knowledge really of dentistry. He wasn’t in dental school.
SPEAKER 04 :
And what’s the robot surgeon one? Yeah, what’s the robot surgeon one?
SPEAKER 03 :
Well, you had several of those over the years, but intuitive surgical.
SPEAKER 04 :
That’s the one, yeah.
SPEAKER 03 :
So, I mean, there’s been a lot of stocks that we nailed. A lot of them came crashing down after we sold them.
SPEAKER 04 :
You know, sometimes there’s… They’re not buy and hold forever.
SPEAKER 03 :
No, sometimes there’s a lot of hype built behind them, and they get on a roll, and that momentum’s going and going and going and going. And now you look at Teladoc today. Teladoc has come crashing back down to earth. It’s a $7 stock.
SPEAKER 04 :
Zoom was another example.
SPEAKER 03 :
It was 300 at one time, Teladoc. All right. So we have Apple oven definitely is one of the biggest winners we found. We do not currently own.
SPEAKER 04 :
We own the bond. Yeah, we do own a bond, an Apple oven bond, which is nice.
SPEAKER 03 :
Okay, well. And they’re going to make $10 per share next year. Most companies would die to make $10 per share. But it’s a bit expensive, and so we don’t own it. Okay, LNG.
SPEAKER 04 :
Time to raise that credit rating, right? Yeah, I mean, I think we just had, actually, Netflix just rose their credit rating.
SPEAKER 03 :
We own Netflix bond. That’s been a good bond for us. Chenier Energy in the news. LNG. It’s down 1.1%. I mean, that is energy that’s here now, liquid natural gas.
SPEAKER 04 :
Another bond we own. We own LNG.
SPEAKER 03 :
Those are just kind of in the background for people that say, you know what, if I could just make 5%, 6% a year, I’m happy. With very little volatility, that’s why we created that bond portfolio. ConocoPhillips in the news, it’s up 2.4% today is all. And then our friend over at Burger King. Restaurant brands, Patrick Doyle, they reported today, they’re coming along. Their sales were up 26% year over year. You’ve got to grow the sales. That’s number one. And eventually the earnings will come along with it. The earnings are up 3%. I’ve noticed they’ve been shuttering a lot. I don’t think the Popeyes franchise is doing very well for them.
SPEAKER 04 :
And see, that was a growth engine for a while, wasn’t it? Yeah.
SPEAKER 03 :
I think their growth engine seems to be firehouse subs. That’s where I’m seeing a lot of firehouse subs pop up. That’s right. And then, of course, Tim Hortons is still doing well, more of a Canadian brand. But that stock was up, and now it’s dropped a little bit. Anheuser-Busch seems to have their groove back again after their big debacle. It went down to $32 a share. Now it’s back to $66. Strong Performers from Michelob Ultra, Cutwater, and Neutral, N-U-T-R. And then the fertilizer stock, Nutrien, N-T-R. This is our last one. No, that stinks. That one stinks down 4.4%. Okay, we’re out of time. That schedule is filling up very quickly in Cleveland. We’re less than two weeks away from that trip to Warrensville, Ohio. At the Marriott, the workshop Tuesday night at 7 p.m. And then the appointments Tuesday and Wednesday. Call Edie at 855-611-BEST to get four-week trial to the everything event. bagel which has everything on it the newsletter the trades everything go to gundersoncapital.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.
