In this episode of the Best Stocks Now show, Bill Gunderson and his co-host, Barry Kight, delve into today’s most pressing financial discussions. From the impacts of global political unrest to advancements in technology driving market growth, listeners are treated to a wide-ranging conversation about the factors influencing investments today. Additionally, the show highlights the evolving dynamics between the US and China, the rise of European markets, and key stock performances, providing a holistic view of where investors should place their focus.
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, two for Tuesday, June the 10th, 2025. This is the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I’m here with Barry Kight, our chartered financial analyst. We have kind of a mixed open here to the market, a little bit on the encouraging side. The NASDAQ is up 43 points. I haven’t had a chance yet to look into what’s driving that. It’s at 19,634, closing in on that 20,000 level once again. The Dow is down 23, 42,738. But, boy, it’s up a lot since those March 8th sell-off with the tariff tantrum. The S&P remains above 6,000. It’s up 11 points today, 6,017. And I see some upgrades to the S&P 500 target price that I’m going to be talking about here today. And we’ve got interest rates down a few ticks today. 4.47 is where we’re at on the 10-year right now. That’s backing off a little bit from where we have been lately, but still at an elevated level. Now we’re at 4.43. That’s even better. I like that better. Crude oil is at $65.71. Gold is flat. There’s a story in Bitcoin today. It’s up $1,900. It’s now $2.2 trillion in market cap. I hope it ends well. And Bitcoin is at over $109,000. So welcome to the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And as I say, we kind of have a… A little bit of a lift here today in the market. There’s not a lot of catalysts in the market right now. We’re in between earnings season. They’re meeting in London. I haven’t heard anything out of London yet, whether they’re making progress or not. I’m watching the rare earth stocks underneath the surface of the market and underneath the surface of the ground and underneath the surface of the water, Barry, maybe the ocean. They search for those rare earth minerals, which China seems to be blessed with mostly. The markets were mostly flat yesterday. Like I say, not a lot of catalysts in the market. Silver’s a bit of a story. It’s been red hot recently. It cooled off a little bit today. Bitcoin at $2.1 trillion in market cap. And closing in on an all-time high, it hit $108 yesterday. It’s hitting $109 today.
SPEAKER 04 :
and uh that’s how we ended yesterday i guess we’ve got some inflation data okay is that is that what is next on the uh economic calendar here yeah i mean and we’re also in that you know we’re getting close to that lull where you know there’s really going to be pretty much you know done with earnings right and you’re going to get these you know interesting narratives over the summer when you normally have a little bit more light volume but yeah we’ve got an economic calendar. We’ve got CPI tomorrow. We’ve got PPI on Thursday, obviously, with the weekly initial jobless claims. And then Friday, we get some of the old consumer sentiment data. Remember some of that sentiment data we talked about a month or two ago whenever the market was kind of you know turning downward where everyone was uh everyone was you know sky is falling so yeah those are what that’s what we got this week in terms of uh yeah and the heavyweights are in london i mean he’s got meeting i mean yeah he’s got besant lutnick and jameson greer there i mean that is the uh
SPEAKER 03 :
The Dream Team over there in London, I mean, they’re not going to get taken advantage of, I can tell you that.
SPEAKER 04 :
And didn’t you say that Jensen happened to, Wang?
SPEAKER 03 :
Jensen Wang’s in the neighborhood, too.
SPEAKER 04 :
Just happens to be hanging around. You think that’s a coincidence?
SPEAKER 03 :
No, they’re having some kind of a tech conference or something. But Wang definitely has a lot at stake over there. And, of course, these midweek economic releases. Now, we’ve had very good CPI, very good inflation numbers. And if we get good inflation numbers again, it’s just going to make Jerome Powell even look that much more behind the curve as far as the world goes in interest rates. Everybody else is cutting around the world. And he continues to just stand still and do nothing. NATO chief says Russia could be ready to attack NATO in five years. Well, I hope he’s right. I hope it’s not two years. I hope it’s not 18 months.
SPEAKER 04 :
I mean, that sounds somewhat positive in my book.
SPEAKER 03 :
That’s NATO Secretary General Mark Ruda has called for a quantum leap in the alliance’s collective defense, warning that Russia could be really ready to use military force against it within five years. Well, you know, I mean, they continue to be the biggest menace in the world, along with China, I suppose. As far as, you know, being able to mount a major attack on somebody, wasn’t it, it was Barack Obama who told Mitt Romney, Mitt, that’s in the past. You’re living in the past. Russia’s not a threat anymore. Well, I think Mitt was right, about the only time he has been right in recent years, but I think Obama was wrong. Russia is reconstituting its forces with Chinese technology. Therein lies the rub with those high-speed chips, Barry. They would somehow win their way to Moscow. And producing more weapons faster than we thought. This is coming from the NATO Secretary. In terms of ammunition, Russia produces in three months what the whole of NATO produces in a year. Isn’t that too bad? I mean, that’s the major… Output of the Russian economy, oil and weapons.
SPEAKER 04 :
Well, and the thing is, there’s still, I mean, through this whole thing, I mean, Europe is still getting gas from Russia. It’s just, to me, it’s the biggest… It’s kind of the weirdest… You know, a whole situation where it’s like we’re getting gas from you, but we’re still, you know, helping.
SPEAKER 03 :
We’re ramping up our defenses against you. Right. Ruta says NATO will need a 400% increase in air and missile defense. And, of course, there is that European Defense ETF, EUFD, I think it is. that you might want to look into. But that problem is not going to just go away. You know, we thought that Russia, when the walls came down and they went to a kind of a free economy and everything, well, they seem to be kind of regrouping the same way that China is regrouping. Billionaire Johnson Family’s Venture Capital Fund, if you don’t know who the Johnson family is, that’s a little company named Fidelity, right, who’s one of the gargantuan behemoths in the world out there in the Boston area. But they back a venture capital fund. They’re backing out of Chinese technology holdings amid heightened tensions between Beijing and Washington. I know Fidelity has a China fund, but Eight Roads is Abigail Johnson’s family firm that was an early investor in China’s Internet sector. They began exploring the sale of all of its investments in about 40 Chinese tech companies earlier this year. The companies are being sold at a big discount ranging from 60% to 80% from their peak value, which is about $1 billion combined. So their investments in Chinese technology have not done well. The last decade has been very poor for Chinese stocks. The stakes include that of self-driving car company Pony, which Eight Road still holds due to a lockup period. And we know that Buffett, he dabbled a little bit, mostly into, what’s the company, BYDDF, which is split three for one today. But those trade tensions have got the Johnson family. I mean, you’d have to look up her net worth. I’m sure you can Google it. Abigail Johnson, she’s the heir of Fidelity Investments, which, you know, I mean, look. Big custodian. Their only issue is they were built on mutual funds and Peter Lynch and all the guys over there at Fidelity. Mutual funds are losing, but Fidelity is not hurting. They are a big custodian. Many people have their accounts parked at Fidelity. I would just say that their mutual fund business, I’m sure it has seen better days. And speaking of those high-speed chips, Huawei is catching up. They lag by one generation. They’re one generation behind the U.S., But breathing down our neck, Huawei technology chips are currently one generation behind those of their U.S. counterparts. But the company is working to boost performance through approaches like cluster computing, according to CEO Ren Zhengfei, as reported by Chinese state media on Tuesday. That’s our big sticking point is the high-speed chips. Their big sticking point is the rare earth metals. Will the two sides come together and meet in the middle? We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show. Now, I don’t know if China’s CEO here of Huawei is playing a bit of poker or what, not showing his hand. He says there’s no need to worry about the chip problem. And of course, that could be one of the factors that’s keeping NVIDIA from really taking off again. Since 2019, a series of U.S. export restrictions designed to limit China’s technological and military progress have blocked Huawei and other Chinese companies from attaining advanced chips and equipment required to manufacture them from overseas suppliers. But he says that they’re not worried and they’re aiming to become a competitor to NVIDIA. So they’re moving in that direction very swiftly. But obviously it is a big sticking point in the trade talks. There are still some earnings rolling in. There’s a couple here that we’re going to get to today. In the show, Adobe’s coming, I think, after the close today. That’s probably one of the bigger ones. Citigroup raises their S&P 500 target price to $6,300. And they’re citing AI momentum. Well, you know, I have found that Citi, Citi Group, I want to say they bought Smith Barney. You probably don’t remember Smith Barney. Your dad would know.
SPEAKER 04 :
Oh, yeah. I mean, I remember them. And, of course, Citi bought up, you know, they were one of the acquirers, right, during the whole financial crisis, too. So they picked up a… A few different, kind of like Bank of America picked up Merrill Lynch at the time.
SPEAKER 03 :
And I think Dean Witter. I had a good friend that worked for Dean Witter downtown. He was in the same building as I had my office. I think Dean Witter was folded into Merrill Lynch. You know, look, if you want to own Johnson & Johnson and IBM and AT&T and Verizon and the rest, they’re real good at that. But I just say that there’s not much imagination in coming up with a portfolio like that. And all things being equal, a 2% to 3% grower is not going to appreciate as well. as a 15% to 20% grower. I mean, that’s just math. But they do raise, Citigroup, I find that I’m pretty much usually in agreement with their macro ideas, and they’re raising their target price to $6,300. And, of course, we’re at 6,000 right now. Okay, Europe. You know, I see a lot of these big asset managers kind of moving away a little bit from the U.S. Number one, they don’t like Trump. Number two, they don’t like the tariff situation. Number three… They don’t like our move away from D-I-E. And they can still find that in Europe. Blackstone plans to invest a half a trillion dollars in Europe. He says, Stephen Schwartzman, pretty well-known guy, CEO, that Europe is starting to change their approach, which we think will result in higher growth rates. I mean, what is a higher growth rate? Are they going to go from 2% to 3% to 4% to 5%? They have pretty slow growth in Europe. But obviously, this has been a very good year for Europe. And I think it’s because of the reasons that I just stated. There’s been money moving out of the U.S. for various reasons. The large caps aren’t doing as well in the U.S. this year as they have been doing in the past, and the European large caps are doing well, and Europe has a friendlier Fed.
SPEAKER 04 :
Yeah, they’ve basically, I mean, they’ve got, you know, in a lower growth, but also a better interest rate environment in terms of, we all know that that drives equities up, and also currency, right? So the euro’s strengthened, which… you know, has made them, you know, they’ve benefited, right, from currency moves as well. Yeah. They’ve had a few things in their favor, you know, at least lately.
SPEAKER 03 :
Money follows monetary policy. That’s the way it goes. They seek out the weakest, the most favorable monetary policy. The ECB is cut seven times. That’s favorable.
SPEAKER 04 :
Yeah, and some of their economic numbers, I mean, I looked at some of the PMIs this last go-around, and they’re good. Some of them are pretty dismal. I mean, Germany is one, the growth engine, right, the engine of literally of the EU, right? And it’s certainly not firing on all cylinders at the moment.
SPEAKER 03 :
Well, their biggest growth industry in Europe right now is weaponry to defend themselves from Putin in Russia. That’s their biggest growth industry, it seems like.
SPEAKER 04 :
And they still haven’t fixed their energy issue, right? No. They’ve benefited. They’ve kind of squeezed by here on the energy front and really still haven’t solved that issue.
SPEAKER 03 :
Germany went on a big, let’s shut down the coal power plants, and they don’t have any intention of firing them back up. I’ve got to believe that they’re hitting an energy crunch there, so… Well, that’s their issue to deal with. What do you get, Barry, when you divide a bad company into two companies, split it into two?
SPEAKER 04 :
You would say you get two bad companies.
SPEAKER 03 :
That’s exactly right.
SPEAKER 04 :
You can financial engineer your way into some value.
SPEAKER 03 :
Yes. It’s like at Blackjack getting a pair of sixes. You don’t split sixes because you’ve got a bad hand. Now you’ve got two bad hands. Two bad hands. If the dealer’s showing a six, maybe. Maybe you get one card in each hand and then let the dealer bust. But Warner Brothers, that’s been a disaster. I mean, Time Warner bought AOL for billions of dollars. They have so much debt. It’s just unbelievable how much debt that Warner Brothers, they bought Discovery, which is, you know, a lot of different channels on television. They’re all kind of dying industries. So anyways, they’re going to split in two. All right, that ought to do something. But the corporate legacy there, Warner Brothers, Time Warner, all of that is not good. It’s been a horrible, horrible investment. They’ve made one bad move after another with HBO, Warner Brothers Max. It just goes on and on and on. But yet, you know what? Look, if you turned on CNBC today, they’d be all over. I’m sure they were all over it yesterday. Warner Brothers dividing into two. What will this mean? Let’s bring in our experts on media, blah, blah, blah, blah, blah, all day long. Warner Brothers, Warner Brothers, Warner Brothers. I could care less. Apple’s World Developer Conference, pretty much a dud. You know, I’m getting used to saying that with Tim Cook. It just seems like there’s no excitement. There’s definitely not the salesmanship of Steve Jobs, of even Wang, Jensen Wang. Everything is just dull and unexciting at Apple. And guess what? The stock is dull and unexciting at Apple. Well, they’re laying out their AI strategy. They’re about five years behind the curve. 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. Call out the instigator Because there’s something in the air
SPEAKER 07 :
We’ve got to get together sooner or later.
SPEAKER 03 :
And welcome back here to the second half of today’s Best Stocks Now show with Bill Gunnarsson. I’m just looking at some of the movers here in the market today. Taiwan Semiconductor having a pretty good day. It’s up 2.6%. Lilly is up 2.5% with their miracle drug. Zepbound, Novo Nordisk with their miracle drug. Wagovi is up 4.2%. I saw that an activist investor was investing in Novo Nordisk. So those are some of the stocks to the upside here today. Morgan Stanley found a new stock, Barry, and I’m sure you’re going to want to write this down. You got something ready to write with? This is their top beverage stock pick.
SPEAKER 04 :
What’s here?
SPEAKER 03 :
Morgan Stanley. Coca-Cola.
SPEAKER 04 :
Coca-Cola.
SPEAKER 03 :
K.O.
SPEAKER 04 :
That’s my guess.
SPEAKER 03 :
It’s a knockout.
SPEAKER 04 :
You didn’t want to get adventurous and be Celsius or whatever?
SPEAKER 03 :
Let’s consult the beststocksnowapp.com. The beststocksnowapp.com. And let’s just look up the returns on Coca-Cola. By the way, I mean, over the last five years, Coca-Cola’s KO headquartered at the pride of Atlanta. I mean, it is… It is one of America’s great companies. Their last four quarters of growth, plus 3%, minus 1%, plus 6%, minus 2%. So you’re talking about low single digits. Now that’s recently. Maybe over the last 10 years it’s been a little better than that. Well, you know, it’s done half of what the S&P 500 has done. The S&P over the last 10 years is 18.7% per year, and the Coca-Cola is 9.4%. Well, you say, it pays a dividend, Gunderson, of 2.8%. I know that. That’s included in that return. That’s total return. Half of what the S&P, now I suppose you could say, well, that’s a pretty good return, 9%. But there’s opportunity costs there, right? I mean, just having the S&P 500 was 18, Coca-Cola’s 9. Now you might say, well, what about recently, Bill? Well, over the last three years, it’s averaged 7.7% per year. It’s losing its fizz. The S&P is 15.3% per year. I’m just comparing it with the S&P 500. That’s a fair comparison. Now let’s look at the valuation, which looks forward.
SPEAKER 04 :
And it doesn’t mean we don’t drink their products, just not to stop.
SPEAKER 03 :
I’m sipping on a Diet Cherry Coke right now. It fuels my day. I can’t drink it after 1 or so, then I can’t sleep at night. But, you know, if we do a five-year target on the thing, which I’m more interested in the next five years. That’s probably the most important if you’re an investor. My five-year target price is $90.66, which gives it 40% upside potential. I like 80% or more. Everybody has a different philosophy on the market and a different way of looking at stocks and a different way of investing, and I would just say buying Coca-Cola. and recommending it as my top beverage pick, what would be my pot? Well, I would go for Monster Energy in a minute before I’d go for Coca-Cola. It’s way more, still has some growth in it. And, of course, you’ve got Celsius. And, yeah, and number one, I’m not a big fan of beverage stocks. But that’s their exciting pick. And I can just tell you that I’ve seen many portfolios managed at Morgan Stanley that have transferred to us. And Coca-Cola is almost always in those portfolios. Now, here’s one a little more exciting. The U.S. Nuclear Regulatory Commission has initiated its review of Oklo’s Licensed Operator Topical Report for review. now these days that’s about the only news you get right you don’t get news that somebody just signed a billion dollar contract for ten nuclear reactors from oklo it’s basically those uh… you know those uh… regulatory approvals and what not uh… but oklo you know that’s a major player i did pass by the oklo uh… building It was glowing at night. I don’t know if that’s a bad thing or a good thing. I’m just kidding. It wasn’t glowing. But it was right there in Santa Clara. Sam Altman had some connection to them. I guess he doesn’t anymore. But there, look, Santa Clara, that’s where they’re headquartered, which will be there in August. Visiting Santa Clara, maybe doing some striped bass fishing in the Sacramento Delta at that time. But they’re hoping to have some advanced fishing. That’s good. Fishing power plants. There’s different kinds of fishing, you know, to provide clean, reliable, and affordable energy. Okla was a $7.4 billion company that has never made a sale in their life, but apparently they have some people in the pipeline. Now across the pond, let’s not forget. The U.K. selects Rolls-Royce to build Britain’s first small modular nuclear reactors. So not SMR, not Oklo, Rolls-Royce, believe it or not. I mean, we talked about Westinghouse yesterday and possibly getting in on 10. Nuclear reactors that are going to be built under Trump’s executive order. And Westinghouse has been around for a long time. We trace their ownership to two companies, Brookfield Energy Partners, BEP, and Cameco, CCJ. Now, Rolls-Royce is a European company. It has five letters in its symbol, R-Y-C-E-Y, R-Y-C-E-Y. It is in the app. You can look it up, and just for fun, I’m going to look it up and see how it has done. I’ll bet it’s done better than Coca-Cola. I bet it’s done better than Coca-Cola.
SPEAKER 04 :
And for plane engines, not for cars.
SPEAKER 03 :
Now, when I think of Rolls-Royce, I think of that movie Arthur with Liza Minnelli and that funny guy. I can’t think of his name. And he gets out of this Rolls-Royce that’s about 27 blocks long, you know, and a snobby kind of look. Rolls-Royce is a $100 billion company, $100 billion company. You didn’t know they were in the nuclear business. Well, over the last five years, Rolls-Royce has delivered to investors 44% per year, Barry. That’s better than Diet Cherry Coke. The market’s 17.7%. Over the last three years. Wait a minute. Over the last three years. I wish I had a radiation kind of siren going off here. 119% per year for Rolls-Royce. The market 15%. And, you know, I used to go fishing off the San Onofre nuclear power plant. It was just north of Oceanside. There was a nice canyon out there that I used to fish in and get some nice rock caught. And I would listen to the fishing captains that were headed up that way and they’d just be going… Beep, beep, beep, meaning we’re going to Santa Nofri to fish the nuclear power plant. That was the giveaway to me that that’s where the fishing was best. But anyways, over the last 12 months, Rolls-Royce is up 110%. How come we don’t own it? You know what? It’s hard to buy these. It’s hard to buy. Let’s just look real fast.
SPEAKER 04 :
Volume, thinly traded. If you’re doing it in a portfolio, it’s tough to do.
SPEAKER 03 :
But if you’re an individual investor, it’s no problem. They might charge you an extra $50. I don’t know. uh rolls royce r-y-c-e-y i don’t see how many shares it’s traded today but you know what i’d have no problem owning rolls royce and uh in my emerging growth or uh though there’s the volume actually has traded 627 000 shares so far today so that one is viable I’ll take that in a minute over Coca-Cola. PE ratio 31, and I’m sure there’s a dividend yield if you look into it. But anyways, you can look that up, R-Y-C-E-Y. And, of course, Britain’s going to choose their hometown company to build their first small modular nuclear reactor. Nano, nano nuclear energy files to sell up to 3.9 million shares. That’s another problem. I mean, these companies… If you don’t have income and you’re a publicly traded company, you have a burn rate. It’s the same as being a biotech. You’re burning cash. There’s only a few ways to keep replenishing that cash.
SPEAKER 04 :
Only a few ways.
SPEAKER 03 :
You can go to the guy on the corner there in Brooklyn and get a loan, a hard money loan. You can float more shares. You can print more stock certificates, which is kind of the government way of doing things, print more money. And a lot of these companies will just print stock certificates ad nauseum until even if they’re profitable, they’d be so diluted you’d be making like one penny per share. Nano floats another 3.9 million shares to stay alive. We’ll be right back.
SPEAKER 06 :
Whoever you want to be Gotta go the way you want to
SPEAKER 03 :
And welcome back here to the final segment of today’s Best Stocks Now show. And I’m getting the numbers on our workshop in Lakewood Ranch this coming Tuesday at 7 p.m. at the Evan Even, Steven Got Even, whatever, the Even Hotel. And we’re nearing capacity. And I think next time when we come back in a few months from that date, probably in the September timeframe, we’ll have to get a bigger venue. That’s a good thing. That’s no problem. So if you want to reserve a seat to that Tuesday night 7 p.m. workshop by yours truly, Bill Gunnarsson, You better get with Edie at 855-611-BEST. And if you want to meet with us while we’re there, you could book a one-hour appointment with the team Tuesday and Wednesday, next Tuesday, next Wednesday, a nice little conference room in the Even Hotel. We will be there. You know, there’s, I don’t know, Sarasota’s got a lot of money managers. All the big boys are there, obviously. But I have yet to see a very good portfolio that someone has brought to me. Maybe that’s why I don’t see them. They’re happy with where they’re at. I’ve seen some really bad ones. Oh, my gosh. Anyways, that’s just me. I’ll let you be the judge. If you’d like to set up an appointment with us while we’re in Sarasota, actually Lakewood Ranch, next Tuesday and Wednesday. It’s a rare opportunity there. We’ll probably be back a couple months down the road once again. But this is the chance right now. Give Edie a call at 855-611-BEST. 855-611-BEST to book an appointment with us. A couple of stocks in the news today. Uber. acquires Crown Taxi to boost its presence in Taiwan. And, you know, the more I read about Uber, I kind of realize it may not be the fabulous seven, but it’s definitely a stock that’s in the nucleus. They’re much more than just rides. They’re much more, even though that was a disruptive and innovative move and invention, they’re getting into Uber Freight. They’re going worldwide. It’s a $180 billion company. I’d have to say that it’s right there, I mean, as one of the major tech stocks. Even though we may not think of it as tech, it’s ride-sharing. But when you think of all the technology that is involved in that, it’s a major player. And it’s still a 15% to 20% grower, Uber expanding into Taiwan. I think there’s a few people that live in Taiwan. FanDuel, which is Flutter, they had a big breakout yesterday, that stock. FLUT, you can look at the chart. It’s flat today. But sports gambling is another growth industry. I mean, the money bet on sports, oh, it’s just incredible. Oh, my gosh.
SPEAKER 04 :
The legal portion coming out of the woodwork everywhere.
SPEAKER 03 :
Yes, and there’s a lot of competition in the sports betting. You’ve got Caesars, and you’ve got DraftKings, and you’ve got all kinds of different people in on it.
SPEAKER 04 :
And tons of advertisement nowadays. So, I mean, you’ve got an expensive marketing budget as well.
SPEAKER 03 :
The bookie on the corner, you know, that will take your bet. Flutter booked the bet. I had a friend. He was, this is back in my early days, he was driving down to Mexico to bet some kind of horse or something in Tijuana because we didn’t have, you couldn’t do it legally online. I said, well, while you’re down there, get me $20 on this horse to win. He booked the bet, the idiot. And then he came back. The horse won, obviously, and he owed me like $200. Oh, Bill, I didn’t make it in time. I just missed. I know he kept the 20 bucks, the son of a gun, because he had a reputation for that kind of thing. I don’t think Flutter does that, F-L-U-T, although they may book some bets, but they’re good for it if you win. Another one in the news today is Robinhood has a new competitor out of Israel called eToro, and I’m keeping my eye on it. E-T-O-R, because Robinhood has been a very good company. eToro, I wasn’t impressed with their first report as a publicly traded company. They made $0.72 in earnings. They made $0.77 last year, so I don’t think it’s a very good quarter. But I do think this is going to be a growth company. It’s a $5.7 billion market cap, and they have been growing at about triple digits over the last couple of years. Boy, it’s getting black here in Charleston. It is just black outside. There goes all the umbrellas. Look at them. You know, we get some weather here in Charleston out of nowhere. I don’t know where the cat is, but he’s going to come running here pretty soon, screaming to get back in the house. it’s crazy uh… sometimes the markets like that sometimes the weather’s like that okay in the last one i want to talk about is uh… uh… i’m gonna talk about uber at the noble nordisk uh… they’ve got uh… an activist investor building a stake and uh… i still think that we have not even seen close to the market saturation of those uh… weight loss drugs which i consider to be miracle drugs for many many people And Novo Nordisk is starting to pick up a bid. I don’t know where this is all going to go, but I’m going to have an answer for you by next week on why Europe pays $100 for Zepbound from Lilly and we pay up to $900. I’m going to have an answer for you because I have a friend who is an expert in the drug industry. He’s lost 79 pounds on ZepBound, and he knows the industry very, very well. My guess is because the Europeans are subsidized by, you know, they take 70, confiscate 70, 60 percent of your paycheck in taxes, in the way of taxes. And, you know, that subsidizes and makes drug costs a lot cheaper. That’s my guess, but I don’t know the answer to that. Or if there’s price gouging going on here in the U.S., but we know that Trump is on it and trying to figure out what the heck is going on with these drug prices that vary all over the world in price. Same exact drug. Here comes the rain. It is absolutely pouring in Charleston. There goes a guy attached to an umbrella. I think it’s my neighbor. Give us a call. Oh, my gosh. 855-611-BEST. 855-611-BEST. You don’t have to be in Sarasota to set up an appointment with us. We talk to people all over the country. in the different radio locations and people that listen to us through the podcast. 855-611-BEST. Put us to work for you. Get the four-week trial. Try it out at GundersenCapital.com. GundersenCapital.com. Have a great day, everybody.
SPEAKER 02 :
This show is not a solicitation to buy or sell any securities. Bill Gunderson or clients of Gunderson Capital Management may have long or short positions in stocks mentioned during the show. Past performance is not indicative of future performance. Gunderson Capital Management is a fee-based registered investment advisory firm. All accounts are held at Charles Schwab. Schwab is a member of SIBC and FINRA.
