In this episode of ‘Best Stocks Now’, professional money manager Bill Gundersen delves into the intricacies of today’s financial markets. As the Fed meeting commences, Bill and chartered financial analyst Barry Kight explore the trends and potential outcomes, focusing on expectations for a rate cut and its implications on major indexes. They examine a range of sectors, from bonds to gold, highlighting significant movements and market sentiments.
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 06 :
And welcome to the Tuesday, it is the Tuesday, December 9th edition of the Best Docs Now show where everyone is wondering what Jerome Powell ate for breakfast this morning, how heavy is his briefcase, did he go the same route that he always goes to work? The Fed meeting begins today. And meanwhile, the Dow is up 123. This is Bill Gunderson, president of Gunderson Capital Management, and it’s the best stocks now show. The NASDAQ, however, is down 33. We call that a mixed market. One of the major indexes up, one down, and the S&P is up nine. So two out of three are up. uh cautiously optimistic i could just tell you this the market has baked into the cake a rate cut tomorrow and if it doesn’t get a rate cut tomorrow i think there’s going to be a massive temper tantrum by the market so we shall see tomorrow will be interesting the russell 2000 is up five points right now the bond market we’re down a couple of basis points But we’ve seen a sell-off in the bond market recently, and it’s tied to Japan mostly. We hit 4.17 yesterday. That’s the highest we’ve been in a while. Today we’re at 4.15. Gold’s got a little rally going on today along with the gold stocks. Oil cannot get any kind of sustainable rally going at all. And Bitcoin continues to struggle. It’s trading around $90,000 today. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management, a nationwide fee-based only firm. And I’m here with Barry Kight, our chartered financial analyst. The Fed meeting, the much-awaited, the much-anticipated meeting begins today. I don’t know what time, but they gather and they talk and they look at employment numbers. They look at inflation numbers, the price of eggs. They’ll be debating this time. I think, you know, I don’t think it’ll be a unanimous decision by any means. And I think it could be closer than we think. And it wouldn’t shock me to see no rate cut tomorrow. Two reasons for that. Well, Trump’s reasons are he says that Powell is not very smart. Which I don’t think helps the situation.
SPEAKER 07 :
And or he doesn’t like Trump.
SPEAKER 06 :
And he doesn’t like Trump. We know that for a fact. His IQ, I have no idea. I just don’t think he’s very intuitive. You know, there’s a difference between IQ and common sense and being intuitive. Sometimes you’ve got to lean towards the intuitive and the common sense, you know, when the facts of the matter say something else. He seems to get that paralysis by analysis. Yeah, just overthinking it. Just look at the price of a loan and how it’s hurting young people and, you know, inflation. Yes, the prices remain high. But they’ve moderated, and gasoline and other few things are coming down, not a whole lot. Egg prices came way down, and gasoline prices have come way down. So anyways, we sit here today, we wait the Fed decision tomorrow, along with the presser that he does after that, taking questions. And generally speaking, he’s not very good at those, but he does get his message across, his very hawkish message, which I would expect again tomorrow. saying, well, you know, we’re going to be trouble in January and February. We have to be very careful. We’ve still got inflation out there. And sometimes that does more damage to the market than the actual decision itself. You know, I don’t think we can win tomorrow, Barry, because the market usually sells the rumor. So the rumor is right now we’re going to get a rate cut. So we get the rate cut, and it’s like, okay, sell the rumor.
SPEAKER 07 :
And it’s priced in, right? I mean, I think certainly a quarter point has been priced in. I was talking to a client a couple days ago. I think the biggest difference, right, is going to be what does he say in the press conference, and that’s something that can go either way, right?
SPEAKER 06 :
I don’t think so. He’s never been dovish in those press conferences.
SPEAKER 07 :
Well, he’s usually not great in the press conference to begin with. No.
SPEAKER 06 :
I just don’t know that we can win tomorrow. But having said that, we look at individual stocks on a daily basis. There were some good. There were some bad yesterday. It was a pretty quiet day.
SPEAKER 07 :
You said bonds were the action was. It’s been wild in the bond market.
SPEAKER 06 :
Not good.
SPEAKER 07 :
No, I mean, like 10 days ago, we were right at 4% or under.
SPEAKER 1 :
3.99.
SPEAKER 07 :
Yeah. We’re at 4.17 today.
SPEAKER 06 :
I know. And a lot of that’s coming out of Japan.
SPEAKER 07 :
Mm-hmm.
SPEAKER 06 :
It could be. Who knows? Maybe that’s our Pearl Harbor out there. Japan’s economy continues to fall apart and collapse. Their problem is they don’t have enough young people to support the old people. And they’re seeing inflation for the first time. They’re talking about a rate hike. for the first time in over two decades. So anyways, there were some good stocks yesterday. CrowdStrike looked pretty good. Goldman Sachs was breaking out to new highs. Robinhood was rebounding. Rolls Royce had a good day. Baidu had a good day with their splitting, maybe splitting off their chip division. And that’s where there’s big news today is in the chip market, which we’ll get to. Well, we’ll just do that right now. The U.S., they’ve been given, NVIDIA’s been given the green light to sell the H200 chips to China. But the problem is, and I said it yesterday when I heard the news after the close of the market, China doesn’t really want those chips. They feel like their chips are at that level. I mean, these are not the Blackwell chips that they really want. These are the H200s, and China feels like, you know what, and they’ve said this before. So I don’t think that’s really big news.
SPEAKER 07 :
And they want stuff built on their platform and their technology because then they can export that to other places as well instead of just – piggybacking off of, you know, some American technology, right? They, you know, we’ve seen them adapt over time, right? And whether they’re, you know, copying, replicating, or inventing, right? And catching up, whether it was Huawei or, you know, certainly in the phone space, electric vehicles, certainly, right? It’s… You know, they want to fuel their own industry, right? And some of that, they’ll use the chips if they can, but they’d prefer to certainly build their own infrastructure, right?
SPEAKER 06 :
Yeah, I think the news channels got it wrong. Oh, this is a big thing for NVIDIA. They’re going to beat China. They’re going to be allowed to sell into China. Well, look at the reaction by NVIDIA stock today. It’s down a half a percent. Because really it’s no news at all, you know, even though they’ve been restricted from those chips recently, they don’t really want them. And China’s telling their companies not to buy them because the U.S. is going to get 25% of all sales, our country, in exchange for But I don’t really think it’s a news item at all. It’s just kind of a negative news item.
SPEAKER 07 :
In NVIDIA’s guidance, by the way, they used Xero for China. And I think they realize that even if they can sell these into them, that China doesn’t want those. It’s going to prevent their own companies from actually purchasing them.
SPEAKER 06 :
Yeah, and I saw that today China’s trade surplus crossed the trillion dollar mark, okay? That’s their trade surplus. Now, we run a big trade deficit here in the U.S. China has proved that they are the biggest manufacturing force in the entire world because they’ve made up what we… The tariffs have not really worked against China all that much. Because they continue to run a huge trade surplus. They found other markets for their goods. And we still buy a lot from China. But it has even the playing field somewhat. But there’s been losers also in the whole thing here in the U.S. I would say the U.S. farmer for sure has been a loser. He’s looking to write a check to the farmers for some $12 billion. But I was really surprised to see that China’s trade surplus has grown now to hit the $1 trillion mark. so far in 2025. But it hasn’t hurt the stock market. Okay, that was the main point I was making with my article back on April 8th of this year. I said that I think the tariffs are going to work. And a lot of ways they have as leverage… But my main point was I don’t think they’re going to impact the earnings of our U.S. companies. And outside of a few companies, they’ve had little to no effect on the earnings. The S&P 500 earnings have actually gone up higher. And the estimates have gone higher since April 8th than lower. So I was right again that it was not going to have any impact. And let’s not forget the S&P 500 was at 4,800 at that time. And if you listen to me, we went all in, man. Guns blazing. And now here we are at 6,800. Where do we go from here? We’ll be right back.
SPEAKER 1 :
Bye.
SPEAKER 06 :
And welcome back here to the second quarter of today’s Best Stocks Now show. Well, the prediction mark, it’s 89.4% is where they’re at on the rate cut. The highly anticipated rate cut tomorrow. China could limit access to NVIDIA’s H200 chips despite Trump’s nod. And so I really think just looking at the response of NVIDIA’s stock today, I would say that it’s pretty much a non-story. Guess who’s facing an EU antitrust probe? Google over alleged use of online content for AI purposes.
SPEAKER 07 :
I guess it’s going to be Microsoft, so close enough. It’s going to be one of the big tech companies.
SPEAKER 06 :
It’s the EU’s ATM machine. Fine them. They pay the fine. They cash it, cash the check over at the EU, which caused Elon Musk yesterday to call for the disbandment of the EU. He says it ought to just be disbanded. It was not a good idea because he got hit. X got hit with a $150 million fine. What is X’s market cap? You know, that’s a big, big, big fine. And I don’t think they like Elon Musk. So they use that, you know, these rules and antitrust probes against people they don’t like. Well, that’s the old adage.
SPEAKER 07 :
That’s the third part of the United States innovates, the Chinese replicate, and the Europeans litigate. That’s right. We’ve touched them all so far today.
SPEAKER 06 :
Yes. Well, oil. Let’s just talk about oil. You know, I’m looking for some new leaders to start to emerge as we get ready to flip the calendar here in three weeks to a new year. I’m not seeing that. I had some hopes that maybe the oil patch, I saw some breakouts there over the last few months, but there just fails to be any kind of a sustainable rally. We have ample supply of oil out there, number one. Number two, the demand has not really increased. Number three… We’re going full speed ahead with the nuclear ambitions. The only thing that’s keeping oil up really is the conflict between Russia and the Ukraine, which Ukraine has now come back with another proposal. They do not want to cede land to Russia. And Russia said you can either cede this last 15% of the Donbass region or we’re going to continue to fight for it. Take your pick. And so that seems to be on hold.
SPEAKER 07 :
But anyways, oils. In that overhang, you know, if that ever gets solved to some, any degree where Russia could continue, you know, could begin, you know, legally exporting oil again, you know, that’s a supply overhang, right? That’s just, you know. waiting to sap prices at any point in time, right?
SPEAKER 06 :
And when Trump says prices are coming down, I mean, that’s really the one thing he can point to is gasoline prices It’s certainly not ribeye steaks at Costco or, you know, different things, a loaf of bread. Most things, the prices have not come down. I haven’t seen the menu come down at Hall’s Chop House since I’ve lived here, Barry. No. When I came here, a prime rib dinner was $36. Now it’s $60. Okay, so that’s nine years, eight, nine years. That’s some kind of inflation. There is still the same slice of prime rib. Nothing’s changed, but instead of $36, it’s $60. And a petite filet is also about the same, $35 when I got here. Now it’s $60.
SPEAKER 07 :
I’ve been on the hunt for a prime rib roast for a few weeks now, trying to lead it up to Christmas. I’m going to figure I’m just going to have to wait it out a little while.
SPEAKER 06 :
You can borrow money from Klarna at Costco. I was at Costco on Saturday, and I did look at like $98 for a small prime rib roast. Trump pans insurers. You know, I saw a good interview with Bill Cassidy of Louisiana, who is a doctor. And they’re looking for a way to replace, you know, go around the insurance companies, which I think they’re going to have to do. That’s not good for the insurance companies. But, you know, to give the money, they’re looking at just bypassing the insurance companies and putting the money right into HSA accounts for people. so that then they can choose. So anyways, that’s happening in the background. That could impact the medical, the insurers. That does not look to be a very promising group in 2026 as we look ahead. The biotech sector, though, which is part of that medical and health care sector, it’s had a pretty good year, probably one of the better years that I’ve seen. However, if you just bought the biotech ETF, you’re only up like 8% this year. You kind of have to bag some of those big winners that get bought out by the larger drug companies. or have a hit like we saw yesterday with the sickle cell anemia. It’s a very difficult sector to play unless you’re in it and kind of know what’s going on and know where the possibilities are. There’s a few really good biotech analysts on Seeking Alpha that I follow. They have mentioned and written about several before they were bought out So that’s another idea in that biotech sector. The large pharma, it’s had a decent year, but that’s another tough one. There’s only a few good ones in that whole landscape there in that sector. Here’s another company getting into private credit, Toronto Dominion Bank, TD, which we have a lot of in our area. It expanded its range of credit solutions with a, at least they’re calling it what it is, a sub-investment grade global private credit strategy. No thanks. That’s what I say to that. I think it has the potential to be a bigger mess at some point down the road than the whole mortgage crisis that we had in 08-09, which almost brought down our financial system. They continue to go down this road of private credit. And it’s a search for yield.
SPEAKER 07 :
That’s what it is. I just did a screen just here this morning before the show, and just because interest rates have moved up, so yields have gotten better, bond prices have gotten better. Went and looked at some prices for some corporate investment-grade corporates between three to six years, and Literally everything that comes up first with the most yield, it’s all Blue Owl, Centene, some other. Yeah. Even JP Morgan private credit or something. Garbage. All in that nature. Yes.
SPEAKER 06 :
Well, when we come back, Lilly succeeds in a late-stage trial as a first-line option in lymphoma. That’s a pretty big deal. Yes. And a lot of companies are giving guidance right now. This is guidance season. We heard from Home Depot today, Pepsi, AT&T, and Exxon. And I want to take a look at the track records of these companies to see if maybe there’s something there for 2026. This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. Now, back to the second half of the show. And welcome back here to the second half of today’s Best Stocks Now show. So is this a big story or not? Well, I always look at the reaction of the stock. Lily’s. J-PIRCA succeeds in late stage trial as a first line option in lymphoma. So what I do is I take a look and see how the stock is. Just like how is NVIDIA reacting to this news that they can sell their H200 chips to China? It’s down a half a percent. So it’s just kind of yawning like this is a non-story. Let’s take a look and see how Lilly is reacting to this news here today. Well, it’s up $3.54. It likes it a little bit. It lost its trillion-dollar status. Lilly did hit a trillion. uh… two weeks ago that has been selling off you know they’ve been lowering their price uh… there’s uh… some some negotiations have been going on some deals have been made to get it uh… into medicare uh… so i would just say that this story is not that big of a story for lily but it is up uh… a little bit here and lily’s been in the downtrend for the last uh… couple of weeks after hitting that trillion dollars which isn’t unusual You know, I’ve seen that happen a lot. You see a big milestone made by a company, and you see people selling into that big milestone, and eventually the selling abates, and it begins to appreciate. I don’t think Lilly is done. I don’t think Lilly has saturated the world with their miracle drug. I think they have a lot further to go. I think it’s a keeper for now. ASML drops amid report that at least one customer has links to the Chinese military. So, okay, that’s the other piece of the puzzle. China does not have the equipment to make… the chips, even if they did have the algorithms, the code, all this and that that they need to create their own Blackwell chip, they don’t have the equipment. But I’m sure they’re on it, Barry. I don’t think that they’re sitting on the sidelines not trying to come up with their own equipment, which ASML, out of the Netherlands…
SPEAKER 07 :
a big piece of the netherlands economy by the way and this is also a non-news item because there’s hardly any um any kind of reaction yeah and they’ve already been restricted by the way i mean we you know i think even the biden administration was trying to restrict asml from providing that equipment to uh to china even in that administration and And so it’s one of these things where, you know, we probably, you know, we do Pinewood Derby, you know, Pinewood Derby cars. And, you know, I’m sure China’s over there doing ASML machines, right?
SPEAKER 06 :
Absolutely. They’re trying to come up with their own. It’s very highly sophisticated equipment. ah man i don’t know i bet we’ve come so far we i had clients in san diego that worked for cymer and cymer’s in the equipment uh industry but i doubt that it’s even touches what asm lithography is doing over there in the netherlands so anyways you got to test it you know the other thing is those testing companies remember we earned we owned one of those smaller uh yes a few years back and uh
SPEAKER 07 :
The other thing is not only do you have to have the equipment to make the chip, they make the chip, and then you’ve got to test the chip to make sure it’s doing what it’s supposed to be doing. So there’s a lot of different components and why. It’s one of the reasons why we don’t have a lot of chip manufacturing, especially on the sophisticated side, here in the U.S. yet.
SPEAKER 06 :
Yes. Well, okay, now, it is guidance season today. uh as we are approaching we’re about four to five weeks away from the next earnings season and not only that companies are now guiding for 2026 for the entire year so what you want to see is major upgrades to the guidance reaffirming the guidance that’s okay i mean at least uh… that’s better than lowering the guidance but i always go and look at the track records of these stocks now home depot for instance which is a member of the dow i was talking to a friend of mine uh… over the weekend his family owns a major building supply company has a hundred and twenty three uh… uh you know warehouses and distribution centers across america lansing lansing uh can building supplies and i was talking to him about home depot and he says you know home depot is trying to really go after the contractors that’s where they see trying to bring some kind of growth back to the company but you know if you look at the recent quarters at Home Depot, it is really sluggish. It’s almost dead, the growth there. The most recent quarter, their sales were up 3% year over year, and their earnings were flat. There’s the biggest problem, their earnings. They’re looking for 0% growth in earnings next year versus this year. So they’re reaffirming their guidance. And what you see in the pattern of Home Depot’s performance is a major, major deceleration of returns for shareholders. So it would not be on any list that I have other than I do look at it on a regular basis as kind of a proxy. For a big industry out there, but as far as the returns, which I always look at first, and I guarantee you that a lot of people listening to the show own Home Depot. It’s a widely held stock. It’s a favorite of the institutions. Nobody’s going to complain about having Home Depot there. in their portfolio, unless they do what I do, and that’s look at the returns of the stock over the years, especially recently. Now over the last three years, you’ve gotten a return of 5.6% in Home Depot per year. That’s the average. The S&P 500 is 23.8. So now you’ve got a stock, and I don’t see, it’s hard for me to imagine Home Depot outperforming the S&P 500 in the coming three years. If you’re seeking alpha, you’re certainly not going to look to Home Depot. Over the last 12 months, Home Depot is down 16%. while the S&P is up 13%. So that totally eliminates it for me, unless there’s some value here, and now it’s maybe become a Buffett stock. Well, I can’t make a case from a valuation point of view either. I think you’re going to get these activist managers coming in there and trying to get them to change something to squeeze more value. But I currently have a valuation of just 40% upside potential over the next five years, which is an F. I want 80% or more. So there’s nothing about Home Depot that we like, that I like here, at Gundersen Capital Management. Other than it’s a blue chip name that’s widely held and in a lot of portfolios. If you’ve got a portfolio at J.P. Morgan or if you’ve got a portfolio at Raymond James or Morgan Stanley or Merrill Lynch, you’re more than likely going to own Home Depot. uh in in that portfolio it does not meet i would not consider it to be a best stocks now was it at one time oh wow yes it was one of the great stocks of all time i was reading about ken langone who has a home in north carolina at cashers i don’t know if you read that article that was an interesting article about i have a friend that lives in cashers They have a second home. Everybody has a second home. They absolutely love it. I mean, they’re at 3,500 feet elevation. It’s about four hours from where we are, Barry. It’s in North Carolina, right? Yes, in the hills of North Carolina. My neighbor, who’s a retired Army colonel, he has a home in Cashers. We don’t see him hardly anymore. He’s up in Cashers most of the time. Especially when it’s 98 degrees in Charleston in August and 98% humidity. It’s spelled like cashiers. It’s spelled like cashiers. And there’s more billionaires in that little neck of the woods per square inch or square mile or whatever. Langone is there, who was one of the founders of Home Depot. Very wealthy guy. The Tabasco McCormick is there, who’s the head of the Tabasco sauce.
SPEAKER 07 :
Oh, the McCormick spices? Not far from there, I would imagine.
SPEAKER 06 :
I don’t know. I think it’s just the hot sauce.
SPEAKER 07 :
I think it’s just the hot sauce McCormick. But that McCormick family. So anyways. And you’ve got Bush’s Baked Beans. Their headquarters is not probably an hour and a half from there.
SPEAKER 06 :
Yeah, I’ve seen their silo. It’s pretty cool. It’s navy beans, you know, painted on the silo. Okay, when we come back, we’ve got a few others to look at that are guiding for 2026. Some big ones, some big names. What’s their track record been? That’s where I go first. We’ll be right back.
SPEAKER 03 :
On a winter’s day. Go where you want to go, do what you want to do, and win whoever you want to be. Go where you want to go, do what you want to do.
SPEAKER 06 :
And welcome back here to the final segment of today’s Best Stocks Now. So the other one that’s – there’s several, but another one in play today. You know, Elliott Management is one of the big ones that goes in there and tries to get them, put their people on the board of directors and shake up the company and everything. Another very soggy stock. out of new york pepsi co all right and i bring these up because hey these are these are what you don’t realize how many people across america who have a portfolio with the with the big firm own these stocks like pepsi and home depot at&t’s another one that’s in the news today coca-cola They’re in almost every portfolio that I see that comes in from a large Wall Street firm. Okay, let’s just take a look at the returns of Pepsi, which has been around. I remember drinking Pepsi in the 60s. That’s quite a while. I think it’s as old as I am, Barry. I remember at my grandmother’s house, she would pull out four bottles of cold Pepsi in a bottle, flip the cap, and we’d watch Bonanza on a Sunday evening. It was such a treat, right? This was back in the 60s. In Bakersfield, California, when we used to go and visit Grandma A. I had a Grandma A and a Grandma B. That’s how we knew the difference between them. One’s name started with A and the other started with B. Okay, let’s take a look at Pepsi’s return. Would this be a part? You’ve got a 25-man roster. Baseball season opens on early April, mid-April, something like that. You’ve got to have the 25 best players in your portfolio. Over the last five years, Pepsi has averaged 3% a year. That’s what you’ve got as a total return, 3% per year. Over the last three years, you’ve lost 4.2% per year. And over the last 12 months, it’s down 5% while the market’s up 12.7%. So if I’m sitting at home and listening to the Best Stocks Now show or driving to work or whatever the case may be, I would look in my portfolio, whoever is managing it, and see if I own Pepsi or see if I own Home Depot, and I would scratch my head and say, Shouldn’t this be replaced with something with a little bit more life? Well, okay, then the second thing is the performance has been terrible, just awful. The second thing you can do is you can say, well, maybe this is now in Warren Buffett territory where it’s a value stock. And he does, he owns Coca-Cola, I think. which has got about the same performance as Pepsi. I see a couple of big guys at Berkshire Hathaway left the firm, right? Yeah. And went to work for J.P. Morgan. And, you know, I just don’t think that Berkshire Hathaway is going to outperform the S&P 500 company.
SPEAKER 07 :
in any way shape or form in the coming five to ten years i really don’t that not with that cash anchor i mean you know you’re getting drunk i mean they’re getting drugged down i mean it’s i mean it’s nice to have that big old pile of cash but at the same time it’s it’s an it’s an underperforming asset particularly compared to the market and so when you’re you know they’re gonna have that that That cash drag for that long, it’s hard to overcome.
SPEAKER 06 :
Well, not only the cash drag, but they own stocks like these ones we’re talking about, mostly because mostly it’s these kinds of stocks. Pepsi’s upside potential over the next five years is 39.6%. That’s a value grade of F. F. It fails. It flunks. And the performance grade of Pepsi, when I grade it against all the other stocks to choose from, it’s a D. So I would question my advisor, my money manager, if they had me in either of those two stocks. But there’s a big effort here to come in and shake things up. I just don’t think it would make that much of a difference to get this to be a performing stock once again. The other one that’s guiding… here today and we’ve talked about it many many times uh as being one of the worst stocks in the entire market and that’s at&t okay they’re guiding today uh and uh who cares really i mean this has been i say where are they guiding to they’re they’re reassuring Okay, what do they call that? They’re reaffirming their guidance for 2026. And it has the same problems. It’s so large… And its business continues to be whittled away at. I mean, look at streaming. Look at the Internet, how many competitors there are offering Internet. Look at telephone service. Really the only thing they have going anymore. I mean, a lot of people have their – I write a pretty decent check to AT&T every month because I have Internet with them and I have my cell phones. But it certainly hasn’t helped the stock over the last 10 years. It’s a 5.7%. 5.7% has been the average return. It’s been a little bit better lately. Over the last 12 months, it’s up 8.9%. But this would be another one. Why would I take up? Let’s just say I had $100,000 portfolio. which gives me, let’s say, $5,000 to invest in 20 stocks. Why would I invest $5,000 of my dollars into any one of these three stocks and expect better than average returns in the coming years? It just isn’t going to happen unless something really major happens. But they are reiterating. And then the other one, here’s a company that’s actually guiding higher. Exxon Mobil. It’s another one. Every portfolio that comes to us from a big firm has Exxon or Chevron in it, or both. More than likely, they have both stocks. Buffett owns… Buffett owns… He’s been just gobbling up Occidental Petroleum.
SPEAKER 07 :
And I was looking at that. That actually popped up on my list today in terms of when I was doing the bond screen. And Their coupon rate is like over 7%. Of course, it’s not trading right now. I’m like, that kind of scared me when I looked at it in terms of debt cost.
SPEAKER 06 :
Wow, that’s surprising. I would take a look at those bonds. I mean, if it’s past all of Buffett’s screens, it’s got to… That’s one I’ve got on my list of past… Okay, take a look at that one. Now… We’re out of time. I was going to do that. But we’re out of time. Look, you want to own stocks that at least have a fighting chance to at least give you market returns, not sub-market returns over the next three to five years. It’s just not going to happen with these big dinosaurs, these big soggy stocks. Give us a call at 855-611-BEST. We make no guarantees. But we work hard to try to find the best ones. Get the newsletter, GundersonCapital.com. GundersonCapital.com. Have a great day.
SPEAKER 05 :
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.
In this episode of ‘Best Stocks Now’, professional money manager Bill Gundersen delves into the intricacies of today’s financial markets. As the Fed meeting commences, Bill and chartered financial analyst Barry Kight explore the trends and potential outcomes, focusing on expectations for a rate cut and its implications on major indexes. They examine a range of sectors, from bonds to gold, highlighting significant movements and market sentiments.
