Join professional money manager Bill Gunderson in today’s edition of the Best Stocks Now show as he delves into the intricacies of the current market landscape. With significant updates on the stock market rally and emerging trends in the tech sector, Bill offers insights into the dynamics influencing investor sentiment. From the resurgence of gold amidst sanctions on Russian oil to the surprising movements in Bitcoin, the show provides a comprehensive overview of the day’s market activities.
00:00:00 Introduction and Bill Gundersen’s Profile
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 07 :
And welcome to the Thursday. It is Thursday already. It is October the 23rd, and this is the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here with Jeff Webster today. Our software guru and one of our vice presidents will be getting to him here in a bit. Right now we’ve got a little bit of a rally going on. I love it to start the day with a rally. I just hate it to wake up and the futures are down 900 points. I kind of want to go back to bed when that happens. But that’s not happening today. The NASDAQ is up 112 points right now. That’s a half a percent. That puts the NASDAQ at 22,831, bumping up against a little resistance there once again today at its all-time high that we set last week. S&P 500 up 13 to 6,712. The Dow is up 27 to 46,600 or thereabouts. The bond market is pretty quiet, 3.96. Gold continues to rebound after that sharp sell-off on Tuesday, I think it was. Gold is up 2.5% to 4,165. Oil’s up 5% today on the new sanctions on Russian oil. And we have Bitcoin is up $1,200 right now to $109,534. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management and Nationwide. Fee-based only firm, investment advisory firm, and I’m here with Jeff Webster, who’s been giddy ever since Ohtani had that, probably maybe one of the best, was that the best game by a single player in the history of baseball? Where are they ranking that one, Jeff?
SPEAKER 03 :
I think it was an outstanding game, pitching and hitting the three homers. They compare it with This was certainly before my time, but Don Larson’s perfect game in the World Series, I think, was in 1956.
SPEAKER 07 :
But Don Larson didn’t hit three home runs during that game either, right? I mean, Ohtani not only hit the three home runs, but he pitched.
SPEAKER 01 :
What, a seven-inning shutout?
SPEAKER 07 :
Ten strikeouts, I think. Ten strikeouts? Ten strikeouts. And just on a trivia note, Don Larson was from my high school, Point Loma High School in San Diego. And we also had another perfect game from a Point Loma pointer in David Wells with the Yankees. So the only perfect games in World Series and playoffs were from graduates of Point Loma High School. What are the odds of that? Ask an actuarial on those numbers and see what he says. Well, we have a pretty good start here to the market today. It was a little bit sloppy yesterday. It was a tough day for Quantum, but there’s news on Quantum today. We’ll get to that. The small nukes had a rough day. The robotics, crypto, the rare earth stocks selling off. Those are the never most parts of the market, I would say. And they fill up during times of speculation and greed. And they drain rather quickly. Those little tributaries when there’s a little bit of nervousness in the market. And that’s kind of what happened yesterday. Now, oil is a story yesterday and today. Trump announced that he’s beginning to refill the strategic oil reserves. And late yesterday, I think he slapped sanctions on the two biggest oil companies in Russia. And anybody that does business with them, as the Cold War is back, it seems, and that is driving oil prices up 5%. And, of course, the standoff with China also is still intact, but there is optimism on that front. Now he’s threatening to block software, important software. How important is American software in China? Jeff Webster, you would know the answer to that.
SPEAKER 03 :
I think, I mean, it’s certainly the largest market outside of the United States. And I think every company wants to figure out how they can get some type of a footprint there. But you’ve got to be able to navigate the various political issues. customs, cultural issues and stuff like that to be successful there.
SPEAKER 07 :
Yeah. Hey, my nephew sent me a little, my nephew, the PhD from Stanford and Harvard and all this and that, and the disruption guy, he sent me a little thing off of Instagram. Jensen Wang announcing that their market share in China has gone from whatever it was to zero. Wow. They have reached 0%. And that’s one of the reasons why you’ve seen Nvidia stock level off. I think it still has more upside potential, in fact, quite a bit. And I do think that there will be a resolution to this whole China standoff. It almost seems like it comes down to Rare Earth on their side. And the high-speed chips and software throw in software on our side. And they will be meeting here pretty soon, before the end of the month. So I think next week, Trump face-to-face with Xi. And I know they’re also in Malaysia talking Turkey there before Thanksgiving. But to go to a 0% share in China… I mean, Apple didn’t face that. They obviously lost a lot of market share there. And Tesla has lost a lot of market share in China. But NVIDIA went to zero with the Blackwell chips. And as a result, China also stopped buying, what is it, the H2O chips, which are a grade lower chips. And it’s all part of the retaliation. It’s all part of the positioning in the trade war. Jeff, do we own any of that ETF, the U.S. Soybean Tecrum ETF fund? I don’t think so. We’re not an investor in soybeans, right? But there are. There’s an ETF on almost everything now. I haven’t seen football ETFs yet, gambling ETFs, but I’m sure that’s out there somewhere. I mean, we’ve got single stock leveraged ETFs, which totally defeats the purpose of ETFs in the first place. But never mind that. But there are ETFs on soybeans. There’s ETFs on wheat. There’s the corn ETF. And, of course, you know, farmers can use those ETFs to hedge crops. They’re crops. You can short those ETFs. You can go long those ETFs. Soybean futures tick up as Trump anticipates a China trade agreement. You know, one thing I’ve noticed with this second term of Trump, although he’s still been guilty many times of these drastic headlines that upset the stock market quite drastically. Have you seen him? He’s toned things down. I’m going to give Besant credit, who understands the markets. and understands that you just don’t go making these giant threats and having these thousand-point sell-offs in the market. He seems to have striked a more optimistic tone this time around. And, you know, that seems to have calmed the nerves of the market. You’ve seen the S&P rebound from 4,800 back in April when everything was draconian rhetoric. coming out of the White House, and now things are more optimistic, toned down, and we’re not seeing the dramatic sell-offs.
SPEAKER 03 :
Maybe Melania or some of his advisors are giving him some subtle term school tips on…
SPEAKER 07 :
Yeah, tone things down, Donald, you know, DJT. You’ve got to be careful what you say because the markets are hanging on every word out of your mouth and out of Jerome Powell’s mouth.
SPEAKER 03 :
So take it easy, Powell. His sons, who are big investors out there, they probably call him up at the end of the day and say, Dad, why did you say that? Do you realize what it actually did to our net worth today?
SPEAKER 07 :
Dad, did you know what that did to crypto today? I mean, come on. $38 trillion, okay? Bang. We topped that yesterday. This is the second longest government shutdown in history. uh we don’t see really any hope i mean kevin has it was saying by the end of this week we should have a solution but uh that ain’t happening i mean uh they’re both dug in and nothing happening and I would say this, nobody really seems to care that much unless you’re a government worker expecting a paycheck next Tuesday. But we did hit that $38 trillion mark yesterday. I think maybe things have slowed down a bit. as we continue to try to cut expenses, and the last thing we want to do is go back and add expenses back to the equation, and I think that’s one of the big standoffs there with this government shutdown. Okay, when we come back, I want to talk quantum, and I’ll let you, Jeff, you sent me a text last night, and it’s true, there is news on the quantum front today. We’ll be right back. And welcome back here to the second quarter of today’s Best Docs Now show. And what’s that news on the quantum front there, Jeff?
SPEAKER 03 :
Well, last night the Wall Street Journal reported that the U.S. government is considering taking equity stakes in exchange for federal funding with a number of these quantum players. A few were named, IonQ, Regetti, D-Wave. in quantum computing. Yes.
SPEAKER 07 :
Let’s check in on those stocks and see how they’re doing today. Let’s see. QBTS up 19.2. Okay.
SPEAKER 03 :
All right. And we’ve got IonQ.
SPEAKER 07 :
up 9.4%. Rigetti is up 11%. Those are probably the three main ones, in my opinion, just from watching these stocks. But I want our listeners to know that as I fly over Charleston and see the main bodies of water, and then I see all the branches coming off those main bodies of water, and then I see those little tiny little tributaries that only fill up during the highest of high tides, that’s kind of where those quantum stocks are.
SPEAKER 03 :
They are, Bill. It’s just like going redfish. You know, you’re fishing for those redfish. Up this little tributary, there can be some big fish. Yes, there can be. If you go in there, though, you have to be very, very vigilant because if you’re not watching yourself, you could find yourself stuck in the mud.
SPEAKER 07 :
Yeah, high and dry.
SPEAKER 03 :
And end up waiting. Exactly.
SPEAKER 07 :
And, you know, the reason is is because these stocks have very little. They absolutely do not have earnings, okay? In a lot of cases, they don’t have any sales. I saw an article in the Financial Times. It was titled, let me see. I want to look that stock up. It was titled the $10 billion company. actually $18 billion company without any sales. They don’t even have a customer yet, and that was Oklo. It’s a nuclear stock way up that tributary, and when the money’s flowing in the market, when the animal spirits are running high, that’s when those little tributaries fill up. But having said that, too, also, Jeff, When the animal spirits, when there’s a little upset in the market, let’s just say that, for instance, there’s a big long standoff in the trade war. Well, you know what? Now that fear comes back, and those are the first areas of the market to drain. and you’re left high and dry, and you’ve got to wait until those areas fill up again, and maybe they never will fill up again. I have seen stranded boats. Yes, they’re highly speculative. They’re fun. I would say, you know, tough to invest in them for the long term. You know, there are people that can have maybe 5% of their portfolio out there on the edge, but I don’t even really put these stocks in my emerging growth portfolio. I kind of wait until they have growth and they have earnings before they enter there.
SPEAKER 03 :
It’s almost like you’re a venture capitalist. Really, yeah. And the whole concept of the government being supportive of them, you know, in the first Trump administration… You know, there were billions invested. President Biden, you know.
SPEAKER 07 :
Well, he was investing in solar, right? The solar and wind stocks.
SPEAKER 03 :
Well, he had the Chips and Science Act that he authorized, you know, to help with a few of those. And then, of course, recently, you know, a group of bipartisan senators, you know, introduced a bill that would reauthorize, you know, what President Trump did in his first term. And of course, you know, Rigetti recently got a $5.8 million contract from the Air Force. You know, the Department of Energy is doing some collaboration with IonQ. Again, there’s not recognized revenue yet. These are all just announced deals. And, uh,
SPEAKER 07 :
Well, this is a whole new twist. With the government, they’re taking equity stakes. I mean, we’re almost creating a sovereign wealth fund, which I think is a very good idea myself. I mean, investing in a lot of these rare earths. And quantum stocks and what else has he invested in recently? A few others. Yeah, I think it’s a good thing myself. But this is a whole new twist. We’re not just giving them loans. We’re taking, in exchange for those loans, we’re getting a stake, an equity piece, stock in those companies. Okay, I figured this…
SPEAKER 03 :
You’ve got to be very vigilant.
SPEAKER 07 :
I saw these stocks reeling here over the last several days, and I looked to see if there was an ETF out there yet. I asked Grok, is there an ETF that has inversed the quantum space? There is not, however. There are two of the stocks, IONQ and QBTS, that someone’s come up with the single stock ETF that is inverse. Those two stocks, and obviously you’re not doing well on them today.
SPEAKER 03 :
There’s an eye on one I saw last night as well that is 2X short.
SPEAKER 07 :
Yeah, I think it’s I-O-N-Z is the symbol. But anyways, if you’re on the other side of that trade, that’s how you can play it. Okay, I always figured that the real story behind Rare Earth, not so much the E-V, It’s defense. And my suspicions were verified here today. Lockheed and Neocorp, that’s NB, they’re going to develop scandium-based defense technology. And when you see that IUM, such as Scandium, which comes from, it’s a Scandinavian. It was discovered in Scandinavia. They want to use it in modern fighter aircraft. So we’re not out there trying to lock up rare earth to help the EV industry, which I don’t think the Trump administration is all that bullish on the EV industry. It’s defense. And it’s weaponry. And I don’t think that China would be hoarding this stuff and making it so difficult if it was just for the EV industry. They understand that by them selling rare earth to us, we’re using it in weaponry, advanced weaponry, that we could use against them someday. So therein is why… But at the same time, you can say the same thing about NVIDIA chips, Jeff. China wants access to those NVIDIA chips, I’m sure, for defense reasons, putting that technology into missiles and all kinds of different things, fighter jets, naval ships that they’re building, et cetera. So they’ve got an advantage over us with the rare earth. We’ve got an advantage over them.
SPEAKER 03 :
Is scandium replacing rhodium as our favorite element out there now?
SPEAKER 07 :
That’s all I know is rhodium is the most expensive rare earth. That’s right. I haven’t bought any recently. Maybe I should be storing rhodium instead of gold and silver and scandium. I got some scandium. It’s here in my basement. You want some? Okay. 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.
SPEAKER 05 :
We’ve got to get together sooner or later.
SPEAKER 07 :
And welcome back here to the second half of today’s Best Stocks Now show. Well, the story of the day has got to be Tesla. It usually is, but especially when they report earnings. And we do not currently own Tesla. It’s been pretty dicey as far as I’m concerned. The EV competition is here. China, obviously, is now a major competitor to Tesla. They kind of had the market to themselves for many years. And the appetite. for EVs, especially in America, has dwindled for that reason. And there hasn’t been any growth at Tesla. I mean, look, their earnings are going to be down 25% this year versus last year. So that does not fit our strategy.
SPEAKER 03 :
I think Elon Musk is going to start feeling a lot of pressure. You know, they reported… You know, good revenue, but their earnings were off.
SPEAKER 07 :
Well, this is the first time in many quarters that they’ve had growth in sales. Their sales were finally up 12%. Yep. But the earnings were down 31%.
SPEAKER 03 :
In the business world, when sales are down, the VPs of sales get fired. But when earnings are down, it’s usually an expense-related issue, especially when revenue is up. and that’s where you see some significant pressure on CEOs. And so I think they’re going to say, look, Eli, you need to really start focusing on this business. I mean, he’s out of doge now for the most part, but he’s fragmented, and he needs to get focused. And so I think you’re going to start to see him take some measures that – begin to reduce expenses so earnings can fall in line with the revenue growth that they are in fact seeing.
SPEAKER 07 :
Yeah, I just don’t know that the demand is there like it was for Tesla. But having said that, okay, let’s put it up. Let’s look at the scorecard. Tesla is up at bat. I’m sitting there. I’m going to look at the scoreboard and see how they’ve done over the years. He has produced for investors over the last 10 years in Tesla 41% per year. But you’ve got to remember, half of those 10 years, He had very little competition, if any. And there was pretty heavy demand for Tesla. And let’s not forget, there was a $7,500 incentive from the federal government subsidizing sales of EVs. Tax breaks. Yep, by previous administrations. And he was able to deliver 41% over the last 10 years. However… that is starting to slow down now okay over the last five years it’s twenty five percent returns which is still very respectable the s&p has only delivered nineteen and over the last three years he’s basically delivered what the s&p five hundred uh… has returned now if we take a look at the valuation and here’s my problem uh… i’ve got in there well this is the consensus estimate from the analysts this is way too optimistic in my opinion the the consensus analyst uh… opinion on five-year growth of earnings not sales Earnings is 12% per year. I don’t see that happening. I think it’s more, you know, has it entered into GM’s realm where it’s 3% or 4%? Probably not, but I mean high single digits, that’s probably where he’s at maybe. When you extrapolate where those earnings are right now and extrapolate that out at 8% or 9% and put a multiple on there, by the way, the forward PE ratio on Tesla is 180%. are investors going to continue to pay 180 times forward earnings with the very suspect growth rate going forward? I calculate 65% upside potential. You’re taking a lot of risk for 65%. And I think those numbers are way too optimistic.
SPEAKER 03 :
I think, Bill, a lot of – I think his – growth strategy is going to be very focused on autonomous vehicles. Yes, and RoboTax. Yes, he’s working hard to align with the autonomous players and the RoboTaxi companies, Uber, with the anticipation that they would look at purchasing large numbers for their fleets.
SPEAKER 07 :
Well, and I see GM has got a new mission in life, and that’s to produce. The doors, Jim Morrison said, keep your eyes on the road and your hands upon the wheel. GM has got a little slogan going, don’t keep your eyes on the road and take your hands off the wheel because we’re going to have a fully autonomous car here in the future. So he no longer, you know, is, and from people I talk to, they really don’t trust the autonomous. You know, it’s a subscription product. You’ve got to pay for it. And those that try it, you know, and try to work on their laptop or eat lunch while the car’s driving itself, yeah, they don’t really feel that comfortable doing that. So I’m just not a Tesla. I’m not a fan. That makes me very unpopular in the Silicon Valley, right? where every other car is a Tesla, it would seem. And we drove right by the Tesla plant when we were there, and now it’s building humanoid robots. That’s another part of the Tesla equation. That’s part of the Tesla company, I believe. But I just don’t see the growth. I just think that you could say, well, how can you bet against Elon Musk? Well, okay, I mean, you can say that, but over the last five years, the growth in earnings has been all over the map and very, very sloppy, to say the least. And you’ve got a P.E. ratio of 248 because it’s Elon Musk, and it was the first to market. They dominated the market. Now they’ve got competition. So anyways, that’s my thoughts. on tesla which is now a one point four trillion dollar company one point four trillion dollar company now headquartered in austin texas Used to be headquartered in the Silicon Valley. Now, let’s see what the analyst. I’m sure that Wedbush still loves Tesla, and I’m sure Cathie Wood still has her $2,500 target price on it. But I’ll just say that this market analyst, this chief investment officer, is not a fan of the stock. at this point in time and we do not have any position in it now we do have some shares that people have transferred to us right that they don’t want sold uh if they don’t listen to me and say no i want to keep my tests or they might have a big capital gain i’m not seeing a lot of that anymore though
SPEAKER 03 :
I like Musk’s private companies. I mean, I like SpaceX. I like Starlink. Yeah. You know, of course, those are privately held at this point in time. Now he’s got the AI Grok, right? I see much bigger upside potential with those plays than Tesla right now, particularly with the, you know, Asian competition that he sees.
SPEAKER 07 :
Well, even his comments, he said, while we face near-term uncertainty from shifting trade, tariff, and fiscal policy, we are focused on long-term growth and value creation. But he also warned… He warned on near-term uncertainty ahead of acceleration of AI software and fleet-based profits. And you don’t make as much money on a fleet of autonomous vehicles as you do on the single sales. Morgan Stanley’s analyst Adam Jonas said the Tesla’s numbers were in line enough to keep the consensus estimates roughly unchanged. But I just don’t know how you can justify. Wells Fargo Analysts has the firm at underweight in place due to the core business deteriorating. And with Robotaxi Optimus seen as taking longer to scale than anticipated. He also mentioned that little was said about the core business. Wedbush analyst Dan Ives, who’s a permabull on the stock, maintained his uber-bullish stance. See?
SPEAKER 03 :
Uber being the operative word there.
SPEAKER 07 :
Yes, Uber. Maybe that’s a hint that they’re going to team up with Uber. But he’s always been a big optimist on Tesla, and he’s going to remain a big optimist. Kathy Woods has not weighed in yet, but it is still her biggest holding. Let’s see if she adjusts her $2,500 target price on a stock that is currently trading at $421. We’ll be right back.
SPEAKER 05 :
On a winter’s day.
SPEAKER 07 :
And welcome back here to the final segment of today’s Best Stocks Now show. We’ve got another quantum, but it is not a quantum stock. It’s a battery stock, QuantumScape. QS, which is making the solid-state batteries for the EVs. And, you know, I’ve seen some numbers where, if successful, those cars could have a range of 900 miles, which would be a bit of a game-changer, obviously.
SPEAKER 03 :
That’s better than taking gas.
SPEAKER 07 :
Well, that would make EVs a lot more attractive to folks with that kind of range. And they are making progress on that. QuantumScape is up today. They reported a narrower loss than expected. They announced some new customers coming on board, and the stock is up 10.7% right now. It’s an $8.4 billion company headquartered in San Jose, California, the epicenter of the tech world, home to many of these stocks that we talk about here on a daily basis. So anyways, that’s one to keep an eye on. That’s another one out there in the never most part of the hinterlands of the market. It’s up one of the small tributaries there. Absolutely. And maybe there’s a big redfish laying up there. I don’t know. But it’s very, very speculative at the same time. Now, one that’s in the main body of the ocean, right, that’s been around for a long time, definitely worth bringing up here, is IBM. You know, my late brother-in-law, he worked for IBM like 40 years ago. Jeff, and I’m sure you know people that at one time worked for IBM, which really has not kept up, I would say. And, of course, it’s headquartered in Armonk, New York. You know, one time we went to a big center back there. The mutual funds used to sponsor trips and whatnot. And I believe it was in Armonk, New York, where IBM had a big campus. where they trained their people. And, I mean, it was big and real nice rooms and a huge place where you had dinner and everything. And we stayed there, had a good time, you know. But IBM, you know, look. Their earnings were better than expected. Their sales were up 9% year over year. That’s about the best quarter they’ve had in a long time. I do think they’re scratching the edges of the AI. They’ve teamed up with a couple. I want to say IBM is on the anthropic side. uh train uh not the uh open ai and not grok but i think they’ve chosen anthropic to team up with uh but let’s just take a look the first thing i look at is look you’re an old veteran player you’ve been around a long time you’re 42 years old right and you’re our designated hitter maybe at this point in your career Or we bring you off the bench from time to time. I don’t even do that with IBM, to be honest with you. Let’s see how IBM… Of course, they’ve had some fresh management put in there and trying to turn the ship. Can they do a GE-like turnaround? I don’t know. Over the last 10 years, you’ve gotten 12.6% out of IBM, which is about half of the S&P 500. But lately… Lately, they’ve done okay. I mean, they’re pretty much matching or slightly beating the S&P 500. I think my big issue is the valuation, okay? I cannot make a case for IBM over the next five years unless there’s some kind of drastic change, something new that comes along.
SPEAKER 03 :
Well, the thing that they have going for them is that they have such a large base of customers.
SPEAKER 07 :
They have a lot of recurring revenue, right, in the services business.
SPEAKER 03 :
They do. They have a lot of recurring revenue, and they have a lot of folks that just say, you know what, IBM, what do you have for me in this area? You guys are my trusted partner. I’m going to buy it from you. Yes. And a lot of those people that are making those buying decisions for those companies are people like IBM who, that have been in the business for many, many years, and they’re not as forward-thinking. The forward-thinking executives that are making the acquisitions, they’re looking at the new technologies, and that’s where IBM doesn’t have a chance.
SPEAKER 07 :
No, and you know, while I look at the track record of companies, yeah, that’s looking in the rearview mirror. That’s the past. I mean, what’s important to an investor is what do the next five years look like?
SPEAKER 06 :
Yep.
SPEAKER 07 :
And I can just tell you that the consensus estimate on the street for their five-year growth, compound annual growth, is 5% a year, okay? So you take next year’s earnings estimates and compound that out by 5% per year, okay? That’s about what the target price works out to be. I have 39% upside potential over the next five years, which is what, 6% or 7% per year? And that’s a value grade of F. Now, having said that… If somebody transfers a portfolio to me from Fisher or from Morgan Stanley or Raymond James or Merrill Lynch or any number of the big wire house firms, it’s almost always, always going to have IBM in it. It’s considered a blue, blue chip. I talked to somebody in the industry about why does Wall Street do this, and he came up with the same conclusion that I basically have, is they don’t want risk. They don’t want liability. And if somebody sues them because their portfolio went down and they take it to arbitration, they could claim, well, we had you in these blue chip stocks, the bluest of the blue. Didn’t they call IBM even Big Blue?
SPEAKER 05 :
Big Blue, yep.
SPEAKER 07 :
And they’re not going to win in an arbitration case that you put me into unsuitable stocks. So you give up a lot. Think of the opportunity cost that they give up by going back to that standard that it has to be a great big blue chip that you could defend in court if anybody ever sued you. I mean, just think of the upside. Just think of how the customer is hurt by that opportunity cost. That’s just my perspective on that whole thing. We don’t know. I’ve got 25 spots in my premier growth roster, and IBM would not be one of those taking up room on my bench. They might make the old-timers game, Bill. Yes, the old-timers, exactly. Okay, well, we’re out of time to get a four-week trial to the best that we’ve got available to you. It’s fresh every day out of the oven. 855-611-BEST or GundersenCapital.com to set up an appointment with us about our fee-based money management and the portfolios that we mix and match for you. Go to GundersenCapital.com or call us at 855-611-BEST. 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 SIBC and FINRA.
