SPEAKER 04 : 0:01

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 Gunderson Capital Management. Here is professional money manager Bill Gunderson.

SPEAKER 06 : 0:26

And welcome to the Wednesday. It’s Wednesday already. It is August the 6th. And this is the Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. Once again, we are broadcasting live. From beautiful Bloomfield Hills, Michigan. And we’ve got a little bit of a liftoff here in the market today. And we’ve got three of our stocks that are doing really well here after earnings reports. Yesterday, right now, the Dow’s up 25 points. It puts it at 44,137. Again, a couple of Dow stocks have reported earnings. We’ll talk about that. McDonald’s and one other one. I’ve got to think about it for a minute, that reported earnings here this morning. We’ve also got the S&P 500 up 23 points. It’s at 6,322. That’s not an all-time high, but very close to it. It’s the NASDAQ that’s on fire once again today. And three stocks really driving the NASDAQ here. The NASDAQ’s up 127 points right now to 21,043. These small caps are down. They continue to be a laggard asset class big time in the market here in 2025. And the bond market is quiet today. We’re sitting at 4.23 on the 10-year. Gold is down a little bit. Oil is getting a little bit of a bump today. It’s up 2.1%. And Bitcoin… is at 114353. So welcome to today’s Best Docs Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And I am flying solo here once again today. Barry, Jeff, we’re meeting with folks right now while I’m doing the show. We’re having a great time here in Bloomfield Hills, Michigan. Beautiful day again. We’ve met with some great folks here. One of my favorite parts of this business is getting out and meeting with folks from all over America. And what a great country, what great cities we have, industries, people. It’s just amazing really to get out away from the trading desk. But I’m still at the trading desk while I’m here. I made a few sells yesterday and have several big winners here today that I want to crow about here in a little bit. Well, let’s first take a look at where we left off yesterday. Yesterday was an okay day in the market, but Monday was a great day in the market after I reported that we were having a blowout quarter here in earnings today. With about 70% of the companies in, we’re now looking for 10.8% growth in earnings versus the same comparable quarter last year. And that’s much better than when we started earnings season. We were only at 4.8%. Now we’re at 10.8%, and the trajectory is higher. And three big influential stocks reported here today in the NASDAQ, and they are flying. And, of course, yesterday we had Palantir report. blowout numbers they had a billion dollar sales quarter first one in their short history and that stock was hitting new all-time highs yesterday and doing well again today and then you’ve always got the soggy stocks a couple of them today mcdonald’s has reported which is a member of the Dow and a few others, and we’ll get to those in a moment. The sector that caught my eye yesterday, man, the gold miners were on fire yesterday, breaking out to new all-time highs. That’s what I mean by on fire. The charts are on fire today. And it’s a pretty thing to look at. Nothing makes my day more than to see a chart of a stock that’s breaking out to new all-time highs and you own it. And one of those yesterday was Agnico Eagle Mines, which is a gold miner. It broke out to a new all-time high yesterday. And a few other oil stocks did also. I noticed Newmont Mining and AU, which is Anglo Gold out of South Africa. It had a big breakout to the upside yesterday. I also noticed the oil tanker stocks had a good day. I talked about that at my workshop last night, showed a few charts. Frontline and some of the other likely suspects there in that oil tanker group. A lot of breakouts there. And the small nukes had a good day yesterday. Maybe it was that news about fast-tracking a nuclear reactor on the moon. Oklob had a nice breakout yesterday and a few others, SMR. And the quantum stocks had a pretty good day yesterday, but nothing else. That was it yesterday. Some days it’s a very narrow advance in the market, and hopefully you’re in the right places on those days because that’s all that was moving yesterday. Today, though, is a lot better. I think it’s because of these announcements being made by three big tech stocks and one of them saying the impact of the tariffs never showed up. How about that news? What company was that? It’s actually a company that’s based in Canada. And they’re saying that they were not impacted at all by the Trump tariffs. And my article back on March 8th of this year said, I think the tariffs are going to work. And the market’s going to work. In fact, this is a good environment that we’re in right now for a healthy market. And that proved to be a pretty good prediction there. I hit the bottom of the market this year right on the button. Okay, well, let’s take a look at some news that’s coming in today. U.S. to phase out funding for the mRNA vaccine development. You know, that’s kind of an interesting story. I have followed the mRNA. A lot of that came out of San Diego, where I’m from. There were a lot of companies there that were on the forefront of the messenger RNA technology. And of course, that was the technology that ended up winning out in the vaccines, the so-called vaccines for COVID. And a lot of controversy there. If you listen to a lot of people, they were not, especially scientists and vaccine experts, they were not favorable towards the mRNA and the impacts and some of the damage it did to people. And I see Robert RFK is going to phase out funding for MRNA vaccine development, and they’re going to go in a different direction. So that’s not good news for Moderna. That’s not good news for Pfizer, which has been a really soggy stock. And we’ll have to see what direction they go on. And new winners hopefully will emerge in the market as players in whatever direction they go in with the vaccines. And, of course, San Diego was home to the vaccine of all time, the maker of it, Jonas Salk. We have the Salk Institute there in San Diego. I actually met Jonas Salk there. My father’s company and our family company was headquartered not too far from where the Salk Institute is. And one day there was a couple of bike riders. They stopped to admire a Marlboro billboard that my father was painting. And my father talked to them and it ended up being Jonas Salk and his wife, Francois Gillo, who at one time was Pablo Picasso’s mistress. So that’s an interesting couple. Quite a background there. Interesting folks to talk to on a Saturday while you’re working. And that was very interesting. So we’ll see what direction they go with the vaccines. And I think RFK, what he said about all of this, he said, let me be absolutely clear. HHS supports safe, effective vaccines for every American who wants them. That’s why we’re moving beyond the limitations of MRNA and investing in better solutions. That’s what RFK said. Okay, some of the earnings that have come in here today. Well, the two big Dow stocks are McDonald’s and Disney. And we’ll go through their track records as stocks and their reports. They’re on the front lines of the U.S. economy, obviously. And I want to go over a little bit of what we talked about last night. We had a good crowd at our workshop last night that I taught from 7 to, we went to about 9 p.m. by the time it was all over. I took a lot of questions. We had a raffle. We gave out some good prizes. including a $150 gift certificate to the fish place that’s back here in this restaurant, the seafood place, Joe Murr’s. And we had a great time at the workshop. I want to go over a few of the concepts that I talked about last night because it really applies to the market that we’re in right now. And it also applies to Wall Street. You know, I leaned over to Barry this morning. I said, Barry, how many firms are employing this asset allocation model? And he said, you know, about 98% of them. Well, I’m not a fan of the asset allocation model, so I guess I’m in the 2% that goes the other direction. We’ll be right back.

SPEAKER 03 : 10:47

The city of New Orleans I’ll be gone 500 miles when the day is done

SPEAKER 01 : 11:03

Thank you.

SPEAKER 06 : 11:19

And welcome back here to the second quarter of today’s Best Docs Now show. Well, you know, as we go on these trips around the country on the tour, the 2025 Gunderson Capital Tour, I begin the three-day visit with a workshop on the second night we’re there, Tuesday night. And last night we taught a workshop, I did, here at the Kingsley Hotel in Bloomfield Hills. And I just talked a little bit, number one, about my background and how I got to where I am today and the kind of influences that I had on my philosophy of the markets. in my style of investing. I mean, it comes down to one thing for me. It’s growth. If you want to grow your portfolio for your retirement years, you’ve got to invest in growth instruments. And I personally am not a big believer in the asset allocation model, which is I just talked to a 68-year-old. By the asset allocation model, he’d have 68% of his portfolio in the bond market and 32% in the stock market. My argument against that is in 2022, when the Fed went on their massive rate hike cycle, four 75-point hikes in a row. Why would you want to have any exposure to the bond market during a time like that? It took Silicon Valley Bank down. Because they were in 20-year-long treasuries as their reserves. And they didn’t know enough to get off the railroad tracks with Jerome Powell coming around the corner with a freight train raising rates. And what that would do, it would decimate the bond market there. Total disruption. And so it doesn’t make sense to me to say, well, I’m 72 years old. I’m going to stay on the railroad tracks with 72% of my portfolio in bonds. And at the same time, it doesn’t make much sense to me when we finally enter into a recession and earnings start going downhill. And stocks and indexes following those earnings will also go downhill. It doesn’t make much sense to me to have much exposure to equities during a time like that. So I think there’s – I just think there’s other factors before – Just, you know, not just your age only, which makes very little sense to me. Now, the guy that came up with it, Harry Markowitz, he was from San Diego, and I think he won a Nobel Prize or something for the whole theory of asset allocation. and the uh you know the frontier and all this and that but i just haven’t seen it work well in in my lifetime watching people that are in asset allocations but to each his own okay that’s part of the decision process that’s why we call it a market that’s what we call uh uh… free enterprise right that’s uh… what we call uh… uh… let the markets work you determine what’s best for you and what you feel most comfortable with them what you think is going to get you to your goals in life and uh… we each choose and of course each person in my industry chooses what methodology that they want to employ and use in the accounts of that they are uh… stewards over i consider myself to be a steward over the but money that has been given to me to invest and i tried to do my very best with it and i think there’s too many people in our industry that do what’s best for them uh… as opposed to doing what’s best for the people they’re managing money for. That’s just my observations because I was a victim of unscrupulous brokers in the early days before I got into this industry. And I said, you know what? I’m going to learn this myself. I’m not going to get ripped off again by some broker that made a huge commission off me when I’m a young guy putting me in partnerships, limited partnerships. That’s the dumbest thing you could have done for a young person. If I’d have just bought the S&P 500 when I was 30 years old and started investing with that money I gave to those brokers, that would be worth a lot of money today. Instead, those partnerships went belly up. The $30,000 or $40,000 that I started with went to zero. And I said, that’s it. I’m going to learn this myself. So that was part of my story. And then, of course, the numbers and the logic and the predictions of where I think a stock is headed over the next five years. Quality is a big part of what I do. Growth is a very big part of what I do. How can you invest in a company that’s growing by 1% or 2% a year and expect 15% returns from that stock? That’s just not going to happen because stocks follow earnings. That doesn’t mean you have to go way out on a limb buying highly aggressive nosebleed type stocks. No, it’s just buying the stocks that are in the sweet spots of the market or the economy at this point in time, in this point in history. I’m in an area here in Michigan which has a lot of history, a lot of history, and especially as it relates to the automobile industry. And, you know, it’s been a long time since the automobile industry was really investable other than the EVs and Tesla and whatnot. But as it relates to Ford and GM and Stellantis, which is a, you know, a combination of a lot of companies, including Chrysler and Jeep and whatnot, now it’s called Stellantis. It’s been a long time since that’s been a vibrant industry that has been a good investment that will grow your money. uh… today’s world is a little bit different it’s more of a semiconductor it’s more of a software uh… it’s more of a uh… an innovative uh… type of uh… environment that we’re in uh… and uh… you know some of these stocks that continue to do the same old thing they might do it well but they’re not growing their earnings and if you’re not growing your earnings what increases the value of a company Growth, growth, growing in, bringing in new customers, increasing your sales, increasing your bottom line. If you’re using a multiple on sales and a multiple on earnings and the earnings and the sales are flat, the stocks going to be flat and then of course a lot is tied to the economy you’re not going to you could be in the best growth stocks out there uh… in the world and yet if the economy is not going in your favor and i showed last night you know my basic most reliable indicator that i use for the overall health of the market and that’s earnings and earnings expectation and earnings growth and i always show my chart over the last uh… since two thousand and nine earnings have been going up for the s&p five hundred what bill is that right i mean i hear all this stuff on cnbc about how bad things are and this and that and this worry and that worry well if you just focus on earnings on the uh… s&p five hundred those five hundred companies That number is reported every week, and it’s updated every quarter as companies report their earnings and give guidance. Not only do stocks follow earnings, but they follow earnings estimates. And what’s going to put the nail in the coffin of this bull market, which has been going on since 2009? Just look at the chart of earnings. The bar chart shows every year earnings have grown significantly. except for 2020, which was an off year because of COVID. The expectations are now we’ve got to be looking at 2026 and 2027 at the estimates because that’s what the market is taking its cue from right now. And I went over last night what those prospects were at the workshop, and I do it every Saturday in my newsletter. We’ll be right back. This is Bill Gunderson. Thank you for tuning in to today’s Best Stocks Now, Best Inverse Funds Now show. I put several hours of research in during the wee hours of the morning each day to bring you the very best cutting-edge stories that I can. To get two free weeks of my newsletter, go to GundersonCapital.com. To talk to us about our fee-based only money management services, call us at 855-611-BEST. Now, back to the second half of the show.

SPEAKER 1 : 20:22

Pull out the instigator, because there’s something in the air.

SPEAKER 06 : 20:41

And welcome back here to the second half of today’s Best Docs Now show. We’ll get to the company that said, you know, the impact of the tariffs never materialized for us. And they ought to know because they do a lot of sales of a lot of different products. And that was the comments by the CEO, and the stock is up 20%. It’s one of the stocks in our premier growth portfolio, which is made up of the best large-cap growth stocks, in my opinion, that I can find in the world today. Now let’s just talk about others. A couple other large caps that have reported today. You’ve probably heard of both of them. They’re both members of the Dow. And let’s just hold them accountable here. Let’s look on the front of this baseball card or the beautiful golden arches or a nice Big Mac all wrapped up in its box ready for your lunch. How has the stock done, Mr. CEO of McDonald’s? over the years. Well, you know, it’s not exactly a startup. It’s not exactly a company that’s in the prime of its growth phase. It’s way, way, way past its prime, I would have to say. Pretty much saturated the world. Not a lot of room for growth, but some of these new neighborhoods go in, and you’ve got to have a McDonald’s. That’s usually one of the first things that goes in right next to the Starbucks and the gas station. Well, okay, McDonald’s. Over the last 10 years, over the last decade, an investment in McDonald’s stock has yielded a compound annual growth rate of 14.5%. You say, that’s pretty good. You know, that’s doubling your money every five years. You could do a lot worse, and I would agree with that. And I would also say you could do a lot better because the S&P 500, 500 stocks, were up 20% per year over the last 10 years. So McDonald’s did not deliver any alpha, and I don’t really see where it will in its future. It’s pretty much become a soggy stock. Most of the burgers I get there tend to be on the soggy side, the stale, old. Once in a while I’ll get a good one, a fresh one, but it’s like rolling the dice. Most times they come up snake eyes and I get a bad one. Over the last 10 years, it’s really slowing down at McDonald’s. It’s getting worse. They’ve averaged 11% per year, while the market’s averaged 17.3%. And when I throw McDonald’s up against all the other stocks I have to invest in out there, 5,300, and I grade on the curve, it gets a C-plus performance grade. Over the last 12 months, it’s up 10%. The market’s up 18%. Year-to-date, it’s up 4%. Last year, it was flat. Last year, McDonald’s was absolutely flat in 2024, while the market was up 23.3%. So I’m not too enamored with the performance. That’s where I begin in my analysis of a stock. And where I go from there, if it did have good returns and good performance numbers, then I would look a little bit further. And where I go next is the valuation. What about the next five years? It gets a performance grade of C+. And I talked last night at my workshop a lot about how my evaluation philosophy is I like good performance and momentum and relative strength and all of that but valuation is also at least half of the equation and you know stocks trade at multiples You take the growth rate and their earnings today, and you extrapolate it out, and you put a multiple on there, and you come up with a nice five-year target price on the stock. Personally, I like to see 80% or more. McDonald’s currently has a target price five years from now of about 49%, very subpar. So you won’t find McDonald’s in a portfolio at Gundersen Capital Management. It’s probably one of the most owned stocks on Wall Street. If you’re with a big firm, Morgan Stanley, Merrill Lynch, Raymond James, you name it, you know, Stiefel, all of these big firms, they love to own McDonald’s because people recognize the name. And when they go there, they think, hey, I own a piece of this thing. But There’s just better stocks out there. There’s a thing called opportunity cost, which is, could I be doing better with this money that’s sitting in McDonald’s stock right now? And it’s just my opinion, this money manager’s opinion. Yes, you could be doing better with that money just sitting there. You might say, well, what about when a bear market comes along? McDonald’s won’t get hurt. Well, you might be able to say that a little bit. I mean, people are going to give up going to Hall’s Chop House before they give up going to McDonald’s. It is a bit of a defensive play, but you’re paying a lot for that defensive nature that the stock has. It’s almost a consumer staple stock. But it’s just pretty much a soggy performer in today’s world, okay? I just think time has passed it by. It’s too bad In-N-Out Burger was not a publicly traded company. It’s not. It’s a private company. But they have a much, much better franchise. I see lines all the time at In-N-Out Burger. I can drive right through a McDonald’s. Maybe there’s a couple people in line. I still got to wait 10 minutes for a soggy burger. But that’s the way it is. Okay, now I’m sure you’ve heard of Disney, right? Disney is a member of the Dow. Disney represents the leisure sector in the Dow. I’ve made the case that Netflix should probably replace Disney. It’s a much bigger company than Disney. And I think it’s a better representative of the leisure sector in today’s world with the streaming that they do. But, of course, you know, Disney, it would be almost un-American to kick Disney out of the Dow. But it has been a terrible performer. Terrible performer. You won’t even believe it. Over the last 10 years, how much do you think you’ve made? It’s basically the same price it was 10 years ago. It’s been dead money. You’ve made a half a percent. well bill you get a dividend well that includes the dividend okay the dividend yield on uh… disney right now uh… disney’s dividend yield is not even one percent seven eights point eight eight percent uh… so uh… you know you made no money in disney during the bear market of oh eight and oh nine it was down fifty four percent yeah people are going to go to disneyland when the economy goes uh… downhill Over the last five years, Disney’s delivered a half a percent per year. They’ve made a lot of missteps, lost a lot of their loyal customers. And over the last three years, it’s delivered 3.6 percent per year. I can get 4.5 in a year, 4.23 in a five-year, ten-year U.S. Treasury with very little risk. Why would I want to own Disney? Well, you could say, well, it’s had a pretty good year here. Yeah. It has. I mean, there was a lot of money that went into companies that were supposedly insulated from the tariff wars. And I think Disney was on the receiving end of that, but now it’s coming back to earth. And as I look at the five-year valuation of Disney, I see a company that has upside potential of 49.33%. So it’s pretty soggy. Pretty soggy stock is Disney. and the performance is not very good and the valuation is not very good other than that it’s a great stock right okay now the ones that i want to talk about that might well in in today’s world i consider them to be better representations of the world today and what’s going on in the world today than Disney and McDonald’s are. Let’s take a look at Shopify. That is a stock we own in our premier growth portfolio. Shopify basically does, we used to go to the mall and enjoy the mall. I enjoyed going to the mall with my mother many years ago, and I enjoyed going to the mall in my early years of marriage with my children and whatnot. And we had a couple of real nice malls in San Diego. We had the Fashion Valley Mall, the Mission Valley Mall. UTC came along, which is a great mall in the La Jolla area. And we had a downtown mall, Horton Plaza, which was a great mall. Horton Plaza is not even there anymore. It’s all been torn down because nobody goes to the mall anymore. There’s the thing called online shopping. There’s online malls now, and that’s what Shopify, that’s the space Shopify fills. If you want to open up a retail outlet online, You don’t have to go to, you know, the big mall and rent a space, expensive space, to have a storefront and then spend a lot of money upgrading. We had a client that that’s what he did. He would go into, if somebody opened a dress shop, he’d go in and do all of the things. The cabinetry and the decorations and make it a beautiful place, that’s expensive. Now you can open up a space on Shopify, which we’ll talk about a little bit more when we come back. It’s up 19.2%. It’s hitting $200 billion in market cap right now. And it is one we own in our premier growth portfolio. There’s two others that are blowing up today. We’ll get to that also in the last portion of the show. And welcome back here to the final segment of today’s Best Docs Now show. Let’s just take a look at Shopify and do the same kind of analysis we did on McDonald’s and the other one that we reviewed. Disney, over the last 10 years, Shopify… 42% per year return. That’s the compound. Now, there’s no guarantees going forward. That’s the track record. If you trade for a guy that hit 330 last year for the Cleveland Indians, there’s no guarantee he’s going to hit 330 this year. But that’s the track record over the last 10 years. Disney was 0.5. Shopify is 41.9%. Over the last three years, Shopify has delivered 45.7% returns to investors, and over the last 12 months it’s up 133%, while the market’s up 18%. Shopify’s valuation, it’s one thing to look backwards, it’s another thing to look forward, and that’s where the valuation comes in. And, of course, I do five-year valuations. I have the stock valued at $276 five years from now. That’s just extrapolating the earnings out over the next five years and applying a multiple that I think is appropriate. That gives it 117% upside potential. What was McDonald’s? 49.9 or something. Not only did McDonald’s have a horrible track record, it had a terrible valuation. And here you’ve got a very good track record, one of the best. In fact, when I stack the Shopify up against all the other stocks in the market, it gets a performance grade of, I think, A. Yeah, A performance grade. No, B, actually. But the valuation grade is A+. So it’s one of the top-ranked stocks in my Best Stocks Now app. The stock right now is up almost 20% after blowout earnings. Their sales were up 31% year over year. Their earnings were up 35% year over year. Now let’s compare that with one of these big Dow stocks that just reported. McDonald’s sales were up 5% and their earnings were up 7%. 5% and 7%, and that’s up against Shopify’s earnings growth and sales growth of 28%. That’s pretty hard to compete with, 31% and 35% on Shopify. But, you know, I mean, I can’t come up with a better name for what I do than Best Stocks Now. I mean, these are the ones that are in the limelight today and are thriving today. There’s still no guarantees. And I never make any one position, more than 3%, 4% of my overall portfolio. And, you know, I got 20 seats in my dugout for the players on my team, my roster, my portfolios. And I’m not going to take up that useful space with a poorly poor performing stock that doesn’t even have a good upside potential. I’m just not going to waste the space on that. It’s very valuable space. I’ve only got so many years left before I retire. If I’m you or to grow my portfolio for the grandkids, whatever the case may be, I’ve got to make the most of those years. That’s just my philosophy on the market. Everybody has a different philosophy. That happens to be mine. And by the way, Shopify is the company that said the effect, the impact of the tariffs never showed up at our business. Obviously not. The stock’s up 20%. Okay, I’ve got time for two more, and then I’ve got to go back to work here. Astera Labs, which is right in the middle of AI. Yesterday it was Palantir, obviously, breaking out new all-time high. How can you not call that one of the better stocks in the market today? Astera Labs is also one. They’re quarter. Sales up 150%. Earnings up 238%. How about that for a quarter, huh? Astera Labs, headquartered in the Silicon Valley, up 30% right now. They’re headquartered in Santa Clara, where we’ll be five weeks from now. We don’t know exactly where. But one of those big hotels down there, and we’ll be doing a workshop on Tuesday night and private meetings on Tuesday, Wednesday, and Thursday while we’re in California. Really looking forward to that. My COO, Jennifer, has never been to California. So I’m excited for her to see it and to show her around the Silicon Valley and one of the great areas in the world, really, that whole Bay Area. Astera Labs is up 30% today. And of course, it’s been one of the top performing stocks in the market. Let’s look at the valuation of it. It’s going to get a much higher multiple than you’re going to give to McDonald’s because it’s a faster growing stock. Look at the quarter they just reported. You’re not going to put a 12 multiple on a company that just grew their earnings by 238% and their sales by 150%. No. The multiple, the PE ratio right now is 99 on Estera Labs. And the forward PE ratio right now is 89. But you’ve got to factor in the growth. You know, the growth is phenomenal. And therefore, people are going to pay more for it today. You’re buying that growth. You’re paying for that growth in the future today. uh… at uh… at today’s uh… discounted price so that’s how it works in the market you pay higher multiples you pay more for filet mignon than you do for chicken drumsticks okay now the third one we have three today that are doing great uh… third one is a resta networks which is the number one ranked stock in my app I showed people that last night, 5,300 stocks, and it’s been ranked number one off and on. It’s kind of the bridge between NVIDIA and the data centers because it’s a networking company, the cloud for data centers. Arista is up 17.6% today, hitting a new all-time high. Their quarter sales up 30%, earnings up 38%, okay? Put that side by side with two soggy stocks that reported today, McDonald’s and Disney, but I guarantee you a big portfolio that somebody owns at one of the big Wall Street firms is going to have McDonald’s in it, is going to have Disney in it, and I doubt very much that you’re going to see Shopify, Astera Labs, or Arista Networks. That’s just the way they do things on Wall Street. They buy great, big, recognizable names online. that are like buying aircraft carriers. They move very, very slowly. To each his own. You’ve got to go where you want to go, invest in what you want to invest in, and choose the money manager that you want to trust with your money. Anyways, if you’d like to set up an appointment with us, 855-611-BEST. If you’d like to get the newsletter, the live trading, if you’re a do-it-yourselfer, GundersonCapital.com. Have a great day, everybody.

SPEAKER 05 : 39:42

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.