Uncover the strategic intricacies behind American corporate moves as Bill Gundersen explores the impact of tariffs and interest rates on various industries. From gold’s ascension to market predictions, join us on a journey through the complexities of economics under a Trump-led administration. Gain insights on navigating investments through Bill’s expert analysis and future economic outlook.
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 Tuesday. A better day than yesterday for sure in the market. This is Bill Gunderson. It’s The Best Stocks Now. And you’re here with Barry Cotter, Chartered Financial Analyst. We’ve got a rip-roaring rally coming out of the gate here this morning with the Dow up 578 points right now. That makes back some of the 900 we lost yesterday. The Dow is at 38,748. The NASDAQ is up 305 points. That’s getting about everything back that we lost yesterday. Not quite, but almost. It’s up 1.92% right now. The S&P is up 80 points at 1.56 gain today. The small caps are up 1.75% so far here today. There’s a little buying going on in the bond market after some selling yesterday. The 10-year is down several basis points here this morning. And we have the gold markets hitting another new high. Trump has been good for gold. You know, the VIX and gold have been very good. Have responded very good to the tumultuous Trump presidency. So far, crude oil is up 1.2% to $63.85. And we have Bitcoin is back in rally mode. Bitcoin is over $90,000 again. at 90,107. It’s up 2,800 points today. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here with Barry Kite. Our chartered financial analyst, we had a strange day yesterday. You know, it didn’t seem to me like that was enough reason for a big sell-off, Trump’s public spat with Jerome Powell, which, you know, he should kind of keep that private. Calling your Treasury secretary a loser is probably not a good thing. in the public airwaves, Barry. The market, I think nobody could disagree with the fact that the market wants an independent Fed. And it spoke loudly yesterday. On that public spat, because you had a big sell-off in the markets, and I really didn’t see any other reason. I think you could add in that there has not been any progress made between us and China. And if anything, China has upped the ante and dug in their heels. And the question is, how long can they maintain that stance? without really hurting their economy. So nobody knows the answer to that. But the Dow was down 972 yesterday. Trump publicly feuding with Fed Chairman Powell, calling Powell a loser, Mr. Too Late, this and that. You know, Mr. Too Late.
SPEAKER 04 :
I mean, so we’ll do go back to, I mean, you can… You know, you can certainly make arguments on both sides. But, you know, I do think, you know, there was at one point, remember, I mean, Powell did kind of make a mistake in terms of raising rates. It was kind of in, I think it was around 2000. It was the reason we went to that bear market, remember, towards the end of 2018. I mean, of course, during Trump’s presidency and he was raising rates and essentially they went from raising to the next meeting, reducing rates, which means you went the wrong way. And then, of course, we had a big rally in 2019. But, you know, he’s he’s made some missteps. And that’s probably some of the things, obviously, that, you know, Trump is anchored to in terms of previous missteps. And then, of course, in this instance, he wouldn’t like it.
SPEAKER 03 :
rates to be lower so yeah i mean every president uh would prefer lower rates right exactly but you know i mean it’s obvious that the markets around the world now europe didn’t participate yesterday europe took the day off yesterday in honor of the pope’s passing so you didn’t have them uh you know in the market that that creates more volatility because you’ve got less volume uh… playing into but you know it it’s obvious to me the market was an independent fed is a quarter of a point really gonna make that big of a difference whether it’s today or two months from now i just think trump needs to be careful with picking his fights you know he likes to do that the public fights uh… picking on somebody and all of a sudden you know it turns into a big brouhaha but you know the markets don’t like that and uh… The dollar got whacked yesterday. The bond market got whacked. Tech had a horrible day. And you’re almost back testing those old lows once again. Do you realize, Barry, that from the recent high, the S&P has been down as low as 21% from its high within the last six weeks? That’s a bear market, right? And the NASDAQ has been down as much as 26.8%. Those are no small numbers. And guess what’s dropping along with the market is Trump’s approval ratings, especially on the economy.
SPEAKER 04 :
Well, I’ve seen, I mean, I saw some, you know, in terms of actual, you know, numbers where the Dow Jones essentially, you know, after yesterday, it’s worst April performance since 1932. And the S&P’s performance since Inauguration Day is now the worst for any president up to this point with data going back to 1928.
SPEAKER 03 :
Yes, and you could say, well, you know what? He is a disruptor. Okay. Disruptors come along for good or bad. And the jury’s still out whether or not, you know, this disruption that is taking place in the world trades. and markets will end up being to America’s benefit. I do think it’s eventually going to work. But in the meantime, there’s a lot of disruption that the market has to deal with. And then you throw in the Fed on top of that. And, you know, look, we had a huge sell-off. It was really depressing yesterday just to watch everything selling off and getting hit. And I hope the people around Trump, and he is surrounded by a lot of stock market people. You’ve got the Cantor Fitzgerald guy. You’ve got Besson, who was a hedge fund manager for years, and others around him. They’ve got to be saying, you know, you’ve got to be careful what you say. The markets are listening to everything.
SPEAKER 04 :
Well, and that’s why I think it’ll shake out in the end, right? And I think that’s what, you know, part of your article, right, was kind of tied to was the fact, you know, at some point, right, we know that, you know, these tariffs aren’t going to be in place for an extended period of time, you know, likely, not at least to the punitive space, maybe on China, but not on the rest of the world, you know. And so a lot of this is going to play out. But I feel like when you start seeing some of these numbers, like reading this piece for April and since the inauguration, those kind of things, to me I feel like that stat might end up in front of the president’s desk, right? And he may have a conversation and talk the market back up before the end of April.
SPEAKER 03 :
I don’t know. On the other hand, you know, Powell made the infamous transitory call in 2021. He got it totally wrong. He said that the inflation was transitory. No, it wasn’t transitory. And you can also make the argument, and I didn’t know this, I found out that Europe has already lowered their earnings or their interest rates seven times.
SPEAKER 04 :
Yeah, and Europe’s really not a good, I don’t think it’s a good barometer given the fact that they’ve got poor growth and have had it. We’ve talked about as much slow growth as they’ve had.
SPEAKER 03 :
Maybe they need to lighten up on the regulations a little bit. Probably, for sure. The seven rate cuts don’t seem to be helping. Now, today, brace yourself because five Fed governors are speaking today. Okay, the two biggest winners. Five of them are speaking today?
SPEAKER 01 :
Five.
SPEAKER 03 :
Yeah, I saw the calendar today. So if you see some swings in the market today, it’s those people speaking in the background. Commodity Roundup. Gold hits $3,500 an ounce. It’s been the big winner. since the Trump inauguration. And the VIX, obviously, has been off the charts. The VIX measures volatility. So we should have just sold everything and bought the VIX and bought gold, and we’d be sitting here, you know, fat and happy right now. But, you know, we’re expecting and the markets are expecting good results down the road. I think we all knew that it was going to be tumultuous. We knew what we were getting into. I mean, tremendous upheaval. But the mouth doesn’t help. I was quoting a proverb yesterday. I can’t remember which one. Something about the wise man holds his tongue a little bit. And Trump does have a problem with that. Okay, let’s focus on earnings. Earnings. Earnings, earnings. That’s what the market’s all about. Real estate is location, location, location. The market is all about earnings and we’ve got a bunch of them coming in today. But prepare for Tesla after the close. Tesla just got slaughtered yesterday. They’ve had a rough go of it. We’ve heard from GE this morning. We’ve heard from Verizon. 3M is helping the Dow big time. We’ve heard from Lockheed. We’ve heard from Raytheon. We’ve heard from Halliburton, Kimberly-Clark, Northrop Grumman, and Baker Hughes. Tomorrow, AT&T, Boeing, IBM, Texas Instruments, ServiceNow. Let’s focus on earnings. earnings, earnings, earnings. We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show. You know, a day like yesterday, I looked at 600, 700 charts yesterday. They all looked horrible. I said, you know, maybe it’s a good day to buy some of this stuff. But, you know, I just hate to buy a bad chart. I like to see it at least firm up and start drawing a sideways trend. And then you might say, well… How come you don’t have any inverse funds right now? Man, that’s a deadly game because this is a news driven market. This is not a normal market at all. I mean, as you slowly slide into a recession or whatnot. It’s a very gradual process, but you can see it developing. This is a news-driven. That’s all that has to happen is, oh, we’ve got a new trade deal with India, or we’ve worked things out. And the market’s going to just explode to the upside. So it’s a very dangerous market to try and get into inverse funds. I mean, the most consistent inverse funds have been on tech. For whatever reason, tech has not done well at all. The fabulous seven, especially during the early days here of the Trump presidency. And the small caps have not done well either. They’ve been the most reliable inverse funds. But then you had that day a couple weeks ago where the market was up 3,000 points in one day.
SPEAKER 04 :
And NASDAQ up 12% in a day.
SPEAKER 03 :
So that’s what you’re playing with here. It’s just… Which is why I look at gold. We’ve been talking about gold. Gold has been the most consistent performer of all. Touched 3,500 earlier today, I think, at some point. I just think white knuckles is the best strategy right now in good stocks. Even though yesterday was not a lot of fun at all, it’s best to just do nothing. Most days, the answer to most of your questions are nothing as you look at all of your holdings. Okay, just a few others on tap as we look at the earnings. Boeing tomorrow, Texas, Chipotle, ServiceNow. And then on Thursday, you’re going to get Google, which has had more legal problems than anything recently. Intel’s going to report on Thursday. Merck, Procter & Gamble, Pepsi, Union Pacific, T-Mobile, Schlumberger on Friday. So we still have a lot of really important earnings. And we’re going to get a good feel by this Saturday. I picked a good day not to do a newsletter because earnings season really now is heating up and we’ll have a much better feel. It will be nine days of earnings since the last newsletter. I’m going to have a much better feel for where we’re headed. I would just say that so far… Seventy percent of companies are beating their earnings, which is a pretty normal number. And we seem to be getting more split guidance. But some companies that are directly in the line of the tariffs are definitely. lowering expectations now yesterday trump met with walmart ceo target home depot other big ceos talking about the tariffs lows getting their input so you know it’s not something that this is in your face you know you like it or lump it He’s getting input from all of them to discuss the impact of tariffs on their businesses. The discussion focused on broader tariffs imposed on imported goods. And you’re talking about all the stuff that we bring in from China on these freighters. We have boots on the ground here, boats in the water. We see them all the time. And the containers… You know that every one of those containers is hooked up to a truck that leaves the Charleston port and heads out on the 526 or the 26 bound for their destination. So we see it right here. We’re on the front lines of all of this.
SPEAKER 04 :
And we also see cars, we also see BMWs get dropped off here to go actually to be exported elsewhere. Yes. We do get some of both sides of it because… It’s pretty amazing you get those trains that come. Where do they come from, Bill? Is it Greenville? Or are they coming from, maybe I think it is Greenville.
SPEAKER 03 :
Oh, the trains?
SPEAKER 04 :
They get the train with just, I don’t know how many BMWs on it.
SPEAKER 03 :
Yeah, it heads up to Spartanburg and Greenville, sure. Now, let’s look at the other side of this, okay? He’s pushing, you know, you’ve got J.D. Vance in India right now with his wife who is of Indian descent. But he wants India to give us, the U.S., full access to their markets, especially the online. He wants Amazon and Walmart to have a big presence in India. So wouldn’t that be a wonderful thing, you know, for us to be selling things around the world? Look, Walmart, how would you like to have access to the Indian market? Do you know how big that is? What’s the population of India? It’s enormous. And we’re trying to, he’s trying to open up full access for U.S. online retailers such as Walmart and Amazon as one of the concessions in the trade deal. So that would be an enormous market opportunity. for these companies here in the U.S. for them. So we’ll see. Now, New Delhi, which aims to reach two-way trade of $500 billion with the U.S. by 2030, promised to purchase more U.S. oil, gas, military gear, and combat equipment and combat their illegal immigration that, you know, a lot of people from India have come here. And also, you know, open them up to our bourbon, our whiskey, our luxury cars, machinery, because right now India is like 100% tariffs on U.S. stuff. And here they are, you know, wanting us, they want their products coming to the U.S. tariff-free. So anyways, that’s the other side of this whole argument. U.S. to meet with Ukraine and European allies on peace plan. Okay, that’s moving along in the background. They’re meeting in London on Wednesday to hold high-level discussions with our European allies. That’s Marco Rubio over there, Keith Kellogg, Steve Witkoff on a possible peace plan between Ukraine and Russia. Now, Wells Fargo, all right. Scott Wren, who is their senior global market strategist, predicts U.S. stocks will overcome current market turbulence and deliver gains. Okay, I’m simpatico. I’m in that same boat. Advocating for investors to capitalize on recent price declines. I totally agree. And as I’ve said before, I created a relative value portfolio. I don’t know of another relative value. I guess there’s some GARP, growth at a reasonable price, but I’m using something totally different. I’m looking at recent historic P.E. ratios of really good companies that are now trading at big discounts to those historic P.E. ratios. That’s relative value. That’s a totally different track that Benjamin Graham took, that Graham and Dodd took with their intrinsic value. And I continue to pick up a stock here and there. When it’s all done, I hope to have about 40 under management. It’s a great time. It’s a great strategy for a time like this. Give us a call. Have a little discussion about the relative value portfolio. 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 GundersenCapital.com. To talk to us about our fee-based only money management services, call us at 855-611-BEST. Now, back to the second half of the show.
SPEAKER 1 :
Call out the instigator Because there’s something in the air
SPEAKER 03 :
And welcome back here to the second half of today’s Best Docs Now show. You know, the one that they need to solve and make some progress on and chip away at is China, obviously. They’re the elephant in the room. And, you know, there were some encouraging things a week ago yesterday coming out of China, but since then it’s been nothing but tit for tat and, you know, stiffening your neck and not giving in and not budging and digging your feet into the sand. And so far, you know, this week I have not seen any progress. We don’t know what’s going on behind the scenes. You know, a lot of people wonder how far China can go into this, you know, with this stalemate, having the manufacturing economy that they have. But so far, You can back them up to the gates of hell and they won’t back down, it seems like, Barry, right now. And in the meantime, we’re seeing a lot of companies saying, you know, we’re going to commit. I see Roche today, which is a big pharmaceutical giant out of Switzerland. they’re going to park fifty billion dollars in the u.s. over the next five years and create twelve hundred jobs okay that’s that’s one of the objectives of this whole thing is to create jobs and uh… bring some of this uh… manufacturing we saw yesterday that uh… lily was going to uh… manufacture when when it’s approved that the weight loss pill We saw the RAV4 from Toyota being targeted for Kentucky. So I’ve seen quite a bit along those lines. And Besant said it in his interview. He said, you know, don’t watch so much the countries, but watch the individual companies. uh what they do okay then it looks like that the uh the drug stocks may be in the next in in the uh in the headlights again just what we need more turmoil but trump’s got it in his craw that drugs are cheaper in foreign countries than they are in the u.s the same drug obviously and he’s cautioning the drug companies that he wants to link the prices of U.S. medicines to the levels they are available in other developed nations. Kind of weird. I mean, how do they get away with that, Barry? You know, look, it’s so much a pill here in the U.S., but you can get up in France for half the price and Canada for one. That doesn’t make sense to me.
SPEAKER 04 :
Yeah, I mean, it’s… Something’s got to give there. I mean, you know, why that is, right? I mean, my guess is it has to be some type of legislation that was written in. I mean, there’s, you know, when you think about it, I mean, the, you know, someone obviously agreed to whatever the, that’s when you think of like drug prices, right? It’s like, you know. They tell you the drug’s this much, you go in, right, and you pay $45, right, or whatever. Like, I have no idea what happens behind the scenes. All I know is, right, that you paid $45, right?
SPEAKER 03 :
Yep, yep, yep. And insurance may be picked up. Now, in the meantime, Novo Nordisk is under a lot of pressure. That news from Lilly. on the pill has really hurt nvo once again lily is up a dollar today i’m surprised lily had well it did jump the initially uh on the news of the pill which they’re hoping to get approved at some point in time noble nordisk you would think though from a relative value point of view That thing’s trading at 12 to 13 times forward earnings, and their weight loss drug is, I think, every bit as effective as Lilly’s. Now, if it’s going to get hit with tariffs and they’re going to lose the American market, I guess that’s another consideration, but it sure is cheap. Amazon slides. Amazon’s been on a slippery slope here recently. We don’t own it except in the relative value fund. And so it’s a pretty small holding because that’s a brand new portfolio. But as far as our premier growth, I didn’t like the way it was trading. They are pausing some data center leases. There seems to be a slowdown, and that’s one of Amazon’s big sources of income, obviously, is their data centers and their AWS. That’s a part of Amazon’s business. And then, of course, we don’t know the impact yet on Amazon. It’ll be interesting when they report. In fact, let’s just take a quick look and see when Amazon is going to report how much stuff. Now, I order on Amazon a lot, and I haven’t seen anything show up yet that there’s a 20% tariff or 804% tariff on this. Amazon is going to report on May the 1st. So nine days from today. And it will be interesting to see what Amazon says, the impact of them. Now, Oxford Industries, a lot of us wear Oxford button-down collared shirts and other clothes. They’re going to shift production to other regions of Asia outside of China. and their warning of higher prices this is one of the first companies that i’ve seen say look you know we’re warning prices are going to go up on the on the products that we make and sell and that’s obviously inflationary uh… and they’re going to have to uh… go to some other countries production so they’re not so dependent upon china and that’s not helping the relations with us in china because china’s furious They’re warning other nations that cooperate with the United States, I guess is the way to put it. They say there’s going to be severe retribution against countries that cooperate with the United States. Well, Oxford is going to look, shift some production to Cambodia, India, Indonesia, Peru. Next time you put on a white-collar button-down shirt, think about Cambodia. Just take a peek.
SPEAKER 04 :
Yeah, just take a look back there and see.
SPEAKER 03 :
Sri Lanka, Thailand, Turkey, Vietnam. You’re not going to see Milwaukee, that’s for sure. Okay, now the other big effort that the Trump administration has going on is strengthening American mineral production and not being reliant on Russia. Most of your titanium comes from the Russian nations over there. Most of your rare earth, 80%, comes from China. He wants to really strengthen our own production, and he’s designating certain companies. Yesterday he did it with Perpetua, PPTA out of Boise, Idaho. He designated them as a, let’s see, what is it called? Priority project, that’s it. And today he designated Standard Lithium after saying the Southwest Arkansas project, part of the Smackover Lithium joint venture with Equinor, which is a Norwegian company, was designated as a transparency project in response to President Trump’s recent executive order aimed at strengthening American mineral production. and reducing reliance on foreign nations for critical mineral supplies. So they’re incentivizing companies and greasing the skids, I guess you could say, for them to really amp up. We saw the company yesterday that is switching over from processing coal to processing rare earth. That was in Indiana, I think, wasn’t it? So there’s a lot going on in the background. This massive disruption, it’s pretty much in every industry out there right now. GE’s aerospace shares rise on earnings beat. Okay. This is our friend, the turnaround expert, Culp, Larry Culp, that has turned GE around. Now it’s three companies. It’s GE Aerospace, it’s GE Healthcare, and it’s GE Power, nuclear energy and power generation, which is a hot industry right now. But GE, the aerospace company, up 4.4%. That’s helping the market today. They had a very good earnings report, excellent earnings report. Their sales were up 14% year over year. Okay, so now this has nothing to do with the feud and the spat between Trump and Jerome Powell. This is earnings, earnings, earnings, which eventually the market comes back to. And you’re seeing that today with the big bump higher in the markets. GE’s earnings are up 103%. Listen to the last four quarters. GE, 197. This is almost a $200 billion company out of Evandale, Ohio. That’s where it’s headquartered. Their earnings up 47% four quarters ago, 62% three quarters ago, 20% last quarter, and 103% in the quarter that they reported today. And the stock up 4.1%. Now, when we come back, we’ve got earnings, earnings, earnings, and more earnings. We’ll do as many as we can in the final segment of the show. This is the Best Stocks Now show. and welcome back here to the final segment of today’s best stocks now show it’s it’s really nice to get back to earnings away from all of the tumult and uh and the war of words etc etc etc look at 3m today okay 3m is a member of the dow it’s not the most the fastest growing company. In fact, it’s pretty much a 0% grower these days.
SPEAKER 04 :
We’ve got some clients that work there in Minneapolis.
SPEAKER 03 :
Yes, we do. And looking at the last four quarters, there’s been absolutely no growth whatsoever in sales. But they did exceed their expectations here today. That stock’s up 7.2%. And as a member of the Dow, that helps. They did warn possible tariff effects. They updated their full 2025 guidance to include the effects of tariffs, okay? Now, this is 3M. Currently, they’re expecting to make $7.90. They say the tariffs may reduce those numbers by $0.20. So pretty insignificant, at least for 3M. You go from $7.90… Take 20 cents off of that, that’s a very small impact, at least for 3M. They’re the first ones that I’ve seen that have reported that actually broke it down into the numbers like that. Very minimal impact on 3M. Verizon comes in, reports earnings, member of the Dow. They beat earnings. Verizon is up a little bit. Verizon is also a total non-growth company. That’s why the Dow has underperformed the NASDAQ by such a wide margin over the years. The difference in growth between the Dow and the NASDAQ is a pretty huge gap. And you’ve seen it. That shows up. Stocks follow earnings. And when you’ve got a slower growth index like the Dow, you’re going to see smoother performance and less volatility, but you’re going to see great underperformance over the years because if you don’t have those earnings growing, the stock price is not going to follow along. And Verizon has been a pretty poor performer over the last 10 years, but They have reported, and I don’t see them mentioning anything. I can’t see where Verizon would be impacted by tariffs. If so, it would be very insignificant, okay?
SPEAKER 04 :
Yeah, I guess maybe on the phone side because there are deals, but my guess is a lot of that would get passed on to customers just because you’ve got to have the phone.
SPEAKER 03 :
Well, GE also, I missed this the first time, GE said tariffs will result in additional costs for us and our suppliers, but we are optimizing operations and leveraging existing programs and strategies to reduce the impact from tariffs. Additionally, we are taking measures to control costs and implementing pricing action to primarily mitigate tariffs. the remaining profit the remaining impact so very little impact from GE Lockheed Martin stock rises on quarterly earnings results Not a member of the Dow, I don’t believe. It’s down 2.76% so far today. Lockheed’s a quarter. Their earnings up 15%. Their sales up just 4%. Lockheed did not mention any possible negative impacts from the Trump administration’s effort to cut federal spending. Now there’s another one that you’re going to hear from companies that do a lot of business with the government. And, of course, they’re subject to doge and the cuts being made there, and they did not mention any impact. And they don’t mention any tariff impact either. Okay, Raytheon reports earnings. Patriot Missiles, that stock’s down 8.5% today. Not a very good chart on Raytheon. Their sales were up 5%. Their earnings were up 10%. They gave their outlook, and it did not incorporate the impact of the recently enacted incremental U.S. and non-U.S. tariffs. Management will provide additional details of potential impact, tariff impacts. Well, it’s pretty hard to give tariff impact right now when you don’t know what the tariffs are going to be. They’re all a work in progress right now. Kimberly Clark trades lower after earnings. That’s my favorite stock to hate. The diaper stock, Kimberly Clark, is down 2.2%. You know, the sad thing about it is most of these guys I listened to growing up, rock stars, I mean, some of them are wearing diapers now. That’s kind of just, you know, Alice Cooper and these guys. It’s just, you know, what happened? How did we get so old so quickly? Kimberly Clark trades lower after earnings warning on higher global supply chain costs. So they are warning, all right? They obviously bring in a lot of supplies from out of the country. And it was a bad stock before the tariffs, and now it’s even a worse stock after the tariffs. Northrop Grumman’s stock falls sharply on earnings shortfall. Well, I’m surprised to see the defense stocks not doing well. It’s down 11.7% today is Northrop Grumman. And we’ll do two more, and then we’ve got to call it quits. Halliburton, all right. You know, the oil industry, they’re suffering from Trump because he’s driven oil prices down to $62 per barrel. That’s good for consumers at the gas pump. but it’s not good for producers of energy. Halliburton is down 6.8%, not a good chart at all on Halliburton. And the last one is Equifax. Equifax, EFX is up 11.9%. And, of course, Equifax, I remember the big problem that they had with the data breach. They had one of the biggest data breaches of all time many years ago, the Atlanta-based company. Equifax up 11.9% today. Okay, we’re out of time. The four-week trial continues. I say a lot during the day. I send out my comments, my observations, buys and sells. You can get four free weeks at GundersenCapital.com, access to the app, the full Monty newsletter on Friday with all the portfolios, including the new relative value portfolio.
SPEAKER 04 :
The calm through the storm.
SPEAKER 03 :
You know it. And if you want to set up an appointment with us, we’ll have our Cleveland date here real quickly, but it’s going to be roughly four weeks from now. We’re headed up to Cleveland. You can start the calling. I think we’re going to be somewhere downtown. You can start calling Edie and reserving a spot. We’re going to do a workshop in Cleveland and appointments. 855-611-BEST 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 SIPC and FINRA.
