The stock market is alive with activity, and there’s plenty to discuss. From the changing dynamics in big tech and biotech to the surprising shifts in consumer and transportation stocks, this episode provides incisive commentary and actionable insights for investors. Discover why EVs are struggling to hold their resale value and explore the broader economic factors influencing today’s investment decisions. Whether you’re a seasoned investor or just getting started, Bill Gundersen offers clarity and context to current events shaping the financial world.
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 04 :
And welcome to the Tuesday, Wednesday. It’s Wednesday, February the 19th, and this is the Best Stocks Now show. And we are live on this Wednesday morning. The market’s dead, though. Oh, gosh. It’s all red on my screen right now. I don’t think there’s any one factor. Interest rates up a little bit. The Dow down 139 today. We’re at 44,416. The NASDAQ is down 90, however, a little worse. That’s almost a half a percent. The S&P, which hit a new all-time high yesterday, so I don’t want to hear too much whining and complaining out there about the markets. The S&P is down 17 today. after hitting a new all-time high yesterday. The Russell 2000 is down 15 points. The small caps, that’s 66 basis points to the downside. And the 10-year is up a couple of basis points. It was up 6 yesterday, so we’ve got a little drift higher in interest rates. I can’t really point my finger at anything there. The 10-year is at 4.56 right now. uh now it’s up one basis point today but it was up six or seven i think yesterday crude oil is 7289 that’s uh remaining pretty steady gold however it continues to close in on 3000 gold is at 2956 and is it just me or have you noticed that bitcoin has just lost all of its momentum recently 95,865. So welcome to today’s Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management, and I’m here with Barry Kite, our chartered financial analyst. And the market seems to be kind of reading the headlines these days, about 9 out of 10 think the market’s overpriced. Maybe they’re reading my newsletter. That’s just a statistic. It’s just a number that you have to deal with and you have to take into account. You know, the long-time forward PE average is up, well, the average right now is at almost 22.4, and we’ve averaged more in the 18 to 19 area over time. So that’s a fact. And there’s nothing we can do about that. One of two things have to happen, one of three things. The market has to say phooey on the forward P.E. and keep trading at a high P.E., which it has been doing now for about a year. Or earnings have to really blast off, which would lower that forward P.E. And the third one is the most distasteful one of all, Barry. as a chartered financial analyst, how can we get that P.E. down?
SPEAKER 03 :
Well, if price comes down, that’s the fastest way to get it there. Put it that way.
SPEAKER 04 :
Yeah, and we could do the math. You know, what it would take, would it take a 15% drop in the S&P 500 to get back to that 18-19 area? I don’t think it’s going to go back to the 18-19 area anytime soon. But I could see it going back to the 21 area, all right, which would be about a 4% or 5% drop from where we are now. But, you know, it leaves us without much of a catalyst. We did have a big stock report last night, a big AI stock, Arista Networks. It was initially up. There seems to be a pattern here recently. Then as the day progresses, it kind of gets worse. ANET, Arista, which I thought had a pretty good report, maybe a little light on the forward guidance. Arista is now down 7.9% on the day. And, you know, these stocks, this has been one of the best performers over the last several years, which make them vulnerable to any kind of, you know, inkling that growth is slowing down. And I think that’s what you’re seeing here.
SPEAKER 03 :
Could be an entry point opportunity.
SPEAKER 04 :
Yeah, I mean, I look at it. I don’t like a chart that’s lost all of its momentum. But I will be looking at it. I don’t know about today, but maybe in the next few days, maybe an entry point. And I’ll wait to see the new numbers, where they come in at. So gold yesterday, all-time high. S&P 500 yesterday, all-time high. The 10-year was up seven basis points yesterday. And I will say the other trend that is a little bit on the disturbing side, the leadership stocks. amazon netflix tesla you know call it the big seven google microsoft they’re all weak they’re all weak right now the charts are very very weak now Having said that, okay, since 2009, every time there’s weakness in big tech, guess what? It comes back and hits new all-time highs. There hasn’t been a case yet, except for the case 2020. Yes, the first three or four months of 2020. But it came back from that, hit new highs. And then you had in 2021, 2022 was a bad year for the market. That’s when the Fed was really ramping up interest rates. And then the NASDAQ was down almost 25%, 30% that year. But what happened? Big tech came back to hit new all-time highs. So, you know, while I don’t like it, I hate to see momentum disappear from the tech sector, from the NASDAQ. But, you know, it comes and goes, and it’s always come back to hit new highs eventually. So S&P 500 ends yesterday at a record high as the overvalued stock market dashed up in the last minutes of trade. We actually had a pretty good day yesterday. The market was up like 12 basis points. We were up 51 basis points yesterday. But then today, we’re down more than the S&P 500 because of ANET, which we own in the premier growth portfolio and the ultra-growth portfolio. And it is one of our largest positions. It’s become that way.
SPEAKER 03 :
It’s grown its way into it. Yes.
SPEAKER 04 :
I’ve never intended it to be that way, but you know what? I mean, they are a very important cog in the wheel of AI, especially as it relates to the data centers.
SPEAKER 03 :
Well, you know, it’s been in the – I was looking, actually, just because I knew the earnings were coming up. It’s been in ultra-growth almost going on two years now, I believe, is when we first added a position there. Yeah, well, we have huge gains. So we added it in 2023. We also hold it in premier growth, just not quite as long as two years there.
SPEAKER 04 :
Yes. Well, Sheryl Crow is going to send her car back. She drives a Tesla back to Elon Musk because she’s not happy with his Doge project. Elon did score a victory yesterday against the state attorney generals. They sought to block access. to block access for him getting into these federal agencies. It’s pretty disturbing, the things that have been turned up. I want a full examination of those federal agencies. And, I mean, he seems to be the guy that’s finally… You know, if you’re going to tell me that the politicians should be doing it, how many years have they had to do it, Barry? I mean, we’ve gone into the tank by $37 trillion, and they’ve done nothing. And now we’re finding 224-year-olds getting Social Security. I’ve got to believe there’s some data entry errors, you know, bad data. what do they say a garbage in garbage out they probably put a birthday wrong or something on these people data entry is not the funnest thing and it sounds like the the government systems are all very very antiquated which is kind of silly you know uh They’re probably still feeding those. You remember the cards, the punch cards that they fed into those IBM?
SPEAKER 03 :
Oh, yes. We met with somebody who helped use that technology very early on. It was fascinating.
SPEAKER 04 :
Yes. So Doge continues their work. And, you know, Social Security, obviously, they’re turning up stuff and everything. You’ve got them turning up a lot of stuff. And, of course, they shut down, basically. Not Farm Aid, but what’s it, World Aid? USA, USAID, totally shut down. And now you’ve got Kennedy. Our Bobby Kennedy, Jr. met with the HHS staff yesterday. And they’re going to focus. They’re going to study. They want studies on childhood vaccines and psychiatric drugs. I knew a few guys like that back in high school in the mid-’70s that had taken some kind of psyche at those Led Zeppelin concerts, let me tell you. Now we’re taking Zepp bound, right? Wednesday, it’s Wednesday. Etsy has reported we’re going to get, let’s see, we’ve already had analog devices, which is pretty important, some like Conductor Company. We’ll see how they checked in. Carvana, after the closes, which has been a premier company A momentum stock. I never thought I’d see a used car delivery vending machine company as a momentum stock. And then tomorrow we get Alibaba. And I will say that the Chinese stocks are doing better than ours right now, actually. The China 50 is up 15% so far this year. Walmart’s going to report tomorrow. That’s a big one. Booking Holdings is a very big one, one of the great stocks of all time. Okay, when we come back, we’ve got news on Yum. We’ve got news on Google, Nikola, Tesla, and many others. BWX Technologies. We’ll be right back. And welcome back here to the second quarter of today’s Best Stocks Now show. Kentucky Fried Chicken is moving their headquarters to Plano, Texas. Well, okay. I’ve actually been to the colonel’s home. When my father and I, we went to the Kentucky Derby back in the early 70s. We saw Unbridled win the Derby that year in the mud. And I don’t know, one of the places on our tour, we had some kind of tour that we were on, right? And they took us to the Colonel’s house for Kentucky Fried Chicken, the mansion.
SPEAKER 03 :
Original recipe.
SPEAKER 04 :
But, you know, look, you could have taken the little package you get and just dump it onto a china plate. I mean, it was a little better presentation like that, but it’s basically the same food they serve. The only thing we didn’t do was drive through. We sat down and were served and had silverware and everything. It was kind of cool. But you know what? Everybody’s going to end up in Plano, Texas. I mean, all these companies are moving to either Austin or Plano.
SPEAKER 03 :
Yeah, tax standpoint makes sense. Some of these companies are moving there because it potentially makes sense from a power standpoint. But I had a colleague who was in his office. He was from Kentucky, and he was what’s known as a Kentucky colonel, how you become a Kentucky colonel. Have no idea. But he had a thing on his wall when it was, you know, Kentucky Colonel. I always remember that from KFC.
SPEAKER 04 :
Yeah, no, my dad, my father loved Kentucky. He loved the Derby and other things about Kentucky. Google to pay $326 million to settle a tax case in Italy. Okay, this just comes along with this whole regulation business. Europe, it’s a cottage industry to find something that one of the big tech companies has done wrong and find them. This goes back to 2015, Barry. It covers sanctions, penalties, and interest. So anyways, write the check, get them off your back. That’s kind of what has to happen over there. Electric truck maker Nicola files for Chapter 11 bankruptcy. You know, when I saw the CEO Trevor Milton being interviewed on TV by Jim Cramer, I said, this guy is a con artist, total con artist. And sure enough, I mean, he sold out. I mean, he sold out for like $200 million, but I think he ended up having to give a lot of it back, serve prison time. A lot of his assets were garnered. I mean, it was not pretty. But the company did last a long time. They’re finally filing for bankruptcy. I saw their plant one time I was in Phoenix, maybe several years ago. I drove driving down the street and I go, there’s the Nicola plant right there. The Nicola Headquarters. It’s not a happy place right now. And of course, Nicola was the first name of Tesla. And so he took a lot of liberty and he supposedly had a big truck that would all be running on Nicola. And a lot of it was a sham, and there was some truth to it and all kinds of things. Tesla’s EV plans for India are starting to ramp up. You know, he needs something for the cars now that Sheryl Crow has sent hers back. You know, the EVs, you know, I have a – it has not been a good experience for – you know, my wife and I got an all-electric Mercedes EV recently. Now, the weight of that thing is incredible, and the tires are very expensive. This thing’s got 24,000 miles on it. We’ve replaced five tires. that have either gotten nails in them. Now, that’s not the worst part, okay? Listen to me carefully here. A SUV Mercedes all-electric is going to run you, you know, it’s not cheap. It’s not cheap. It’s, you know, up around $100,000. And we’ve got 24,000 miles on ours. And you know what it’s worth today, Barry? Take a guess. In the secondary market.
SPEAKER 1 :
$32,000.
SPEAKER 04 :
Can you believe that?
SPEAKER 03 :
That’s amazing. There’s no market.
SPEAKER 04 :
The resale value. It’s horrible. Nobody wants them, okay? So I’m just warning you before you go out. You’re going to have one for a while. Yeah, I mean, I’m not going to sell it for that kind of money. I’m going to have it. It’s a hedge against gas prices, and it’s nice to plug it in. It’s got 400 miles worth of range, and it’s nice. I mean, a lot of creature comforts and everything, but to take that kind of a hit… That just shows you the state of the EV industry in America. I mean, that’s like putting $100,000 in a stock, right? And it’s worth $32,000 two years later. That ain’t a good thing. So anyways, that’s our experience. I would never do it again myself. Okay, BWX Technologies. Why is this important? BWX is a pretty big player in nuclear. And they win a $2.1 billion contract for U.S. naval nuclear reactor components. And believe it or not, I mean, the submarines, the Columbia and the Virginia-class submarines, as well as the Ford-class aircraft carriers, et cetera, they all run on nuclear reactors on board the ship. And you’re even starting to see them show up, obviously, in the big freighters, the big container ships.
SPEAKER 03 :
Well, there was a car, we know we’re talking about the Daytona 500, there was a car in the, the one that actually ended up going upside down at one point was the BuildSubmarines.com. Really? So, which I haven’t looked into, BuildSubmarines, but it seems pretty specific.
SPEAKER 04 :
But he ended up upside down.
SPEAKER 03 :
Well, that’s not good.
SPEAKER 04 :
But I wouldn’t want him building my submarine. BWX is one to keep an eye on. BWXT, it’s a $9.9 billion company out of Lynchburg, Virginia, right there in the heart of government contractor land and all of that going on. So anyways, that’s one to keep an eye on. Anglo Gold, AU, reports earnings. We’ve got several companies reporting earnings. You know, the gold stocks just have not been good investments over the years. And AU, which is out of South Africa, would be a good example of that. We went through Barrick Gold, which is probably the blue chip of gold stocks, I think, last week. And we went through the five, the ten-year performance. And AU has been about the same. AU, which obviously is the… What do you call that? The…
SPEAKER 03 :
The periodic table.
SPEAKER 04 :
Yeah, the AU is gold. Because I remember when Barry Goldwater ran for president. The bumper sticker was AUH20. Do you remember that? You’re probably too young to remember that.
SPEAKER 03 :
I’m a little too young for that one, but that’s pretty clever. I’m not sure if folks will understand those signs.
SPEAKER 04 :
And they actually came up with a carbonated drink like Mountain Dew, green can. I bet that’s worth a lot of money today if you’ve got some. And it was called AUH20, and it was a green can with gold lettering on it. It was quite pretty. Okay, so AU over the last 10 years, 11% per year. I would say this about AU. If you’re going to own a gold stock, it’s probably been the best performer over the years. It’s a South African $12.5 billion company, but not a good report. It’s down 7%. 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 And we’ll be back here to the second half of today’s Best Docs Now show. Well, the Dow’s down 120. The NASDAQ’s down 60. It has improved a little bit. The best charts I’ve seen so far, you know, I still am impressed by Boeing. They’ve come swooping in. The institutions have absolutely, they feel like Boeing has turned the corner. And that’s a pretty perky little chart there on Boeing. The earnings are pretty hard to figure out, you know. That’s very dicey at best. But Boeing has a very, very good chart right now, I might say. And the Chinese stocks also very, very good looking. Okay, we’ve got to talk about Arista Networks here. which is in the news today, let’s first take a look. Let’s put everything in perspective here. Everybody calm down. It’s down, what, 8% or something like that today. But let’s take a look at what it’s done and why it has been a best stock now. Over the last 10 years, Arista is one of the top stocks of the last 10 years. It’s probably in the top 10, maybe. I’d have to look at my little screen, but an investment in Arista 10 years ago, 10 years ago. has averaged 39.7% per year. Okay, so that’s just if you take the price of the stock 10 years ago, where it’s at today, you apply a compound annual growth rate formula to it, it comes up with 39.67. Wouldn’t it be nice if every year it went up 39.67? No. Okay, some years it’s up 100. Some years it’s down 30. It’s all over the place. And in fact, if we go to the 2022 year, which was kind of rough on the NASDAQ stocks, it was down 15.6. So it actually did pretty well that year. The S&P was down 18, so it held up well. In 2023, it was up 94%. Last year, it was up 87%. And now this year… It’s down a little bit. Over the last five years, it’s delivered an average of 51% per year. And over the last three years, 53%. And over the last 12 months, 67%. Now, the momentum has come out of it. I don’t think it’s anything specific to the company. I think, you know, just like the momentum came out of NVIDIA, the momentum came out of a lot of these big… The fervor, yeah.
SPEAKER 03 :
And you’re going to have, when you look at whether you’re looking at… Any type of momentum or technical indicators, I mean, you can’t keep up. There’s no way to really keep up that momentum. These things have been so strong for so long. Like I said, we’ve owned that position for almost two years now in some form or fashion.
SPEAKER 04 :
I would say that there is a trend in the market right now of rotation out of the big seven because they’ve had two really good years in a row, 23 and 24, and they’re searching for other areas. Yeah, I mean, it’s up to you. I mean, there’s obviously money going into Boeing. There’s money going into United Healthcare. There’s money going into some of the oil industry. Baker Hughes has been looking real good recently. But for the future, we have to look for the valuation, okay? And from my point of view, I see current earnings of $2.90 next year. An 18% growth rate is the expectation going forward, which I think is probably pretty fair. And a pay ratio right now of 2.1, which is not all that bad, really. And I see 103% upside potential. So you’re missing two, actually, of the three that I like. The valuation is still there. So that gives me hope. That makes me not want to bail right away here and say, okay, I’m happy with… The valuation is hard to ignore, and 103 upside potential percent over the next five years. I require 80 or more, so it’s still one of my best stocks now stocks, but it has dropped considerably. The momentum is gone, and the chart does not look good. So the final arbiter for me would be if it broke important support. That would be the final arbiter for me. And I can give you a recent example of one like that. AMD maybe a year ago, which we had two good years with AMD. It still looks pretty good today from a valuation point of view, but AMD lost all of its momentum, and it broke important technical support levels. The support where the buyers used to hang out were gone, and it fell through that.
SPEAKER 03 :
And it’s hard to see any… And it’s hard to see any on the horizon. At some point it will be, but it’s hard to figure out what that catalyst is going to be.
SPEAKER 04 :
Well, the support level is where I draw the line, and if it drops below, I have a line in the sand. And, you know, AMDs never come back, right? I would be tempted if I ran a value portfolio. In fact, it is in my mock-up of my value portfolio now. that I just have on the drawing board in AMD. But ANAT is going to come down to the chart now as the final arbiter, whether I decide to move on and take my profits and take my football and go home and play on a different field for a while. So we’ll just see how it goes. But I thought they gave a very good report, and I thought they gave good guidance. But it’s one of those cases when you’ve got a stock that’s one of the biggest returners over the last 10 years, and you just miss a little bit. If the CEO hiccups during the conference call, they’ll sell it off. So anyways… Right now I’m not doing anything with it. I have it sitting on huge gains and it will come down to that technical support. Okay, Occidental Petroleum. Okay, so, you know, this is really the only stock recently that Warren Buffett, now he’s got a good one going here today. It’s up 6.5%. And that shows a little bit of the sector rotation. But let’s just look at Occidental over the years. I mean, it has been a very, very dull sector. performing stock over the last 10 years while, of course, this is a contrarian play. Occidental has gone down by 2% a year over the last 10 years. You’ve lost money in Occidental over the last 10 years. The last five years, you’ve averaged 4.7% a year. And, of course, you know, Buffett is a contrarian. He sees value there. Over the last 12 months, it’s down 13.4%. So it has nothing going on for it whatsoever from the performance side of things, which eliminates it from my purview, right? It doesn’t fit my valuation criteria. or performance criteria, rather. Now, the valuation, on the other hand, I have a valuation of just 63% upside potential. It doesn’t meet my valuation criterion. I’m using a 10% growth rate, which is really, really generous, very generous. And the chart has been dull for a long, long time. So I don’t like it, right? I mean, look, different people, money managers, obviously, have different philosophies and different ways they look at stocks. And Occidental just doesn’t meet that. my criteria but you know obviously Buffett’s criteria have worked pretty well over the years just not my cup of tea in this kind of market that we’re in today okay and the other one I want to look at is one I used to own and you know what I mean it broke support at one point in time and I pulled the plug on it and it hasn’t done much since it is one of the fastest growing franchises out there, Wingstop. And, you know, I mean, obviously growing a lot faster than Kentucky Fried Chicken. It must be the, I guess Texas is becoming the fried chicken capital of the world. Wingstop is located in Addison, Texas. Another one, another corporate headquarters.
SPEAKER 03 :
It goes with that brisket.
SPEAKER 04 :
Yeah, $8 billion company has been growing by 40% a year, but you come up short, and I’ve got to believe inflation is an issue for Wingstop. It is a crowded field, okay? wings are everybody serves some kind of a iteration of wings you know any kind of a sports bar or pub or anything like that and you’re susceptible to those food costs you know i mean basically you’re pretty you know i remember when uh was it buffalo wild wings in their heyday whenever the price of wings started rising they got crushed well if they had to kill all those chickens to bird flu i mean and it drove up the price of eggs it has to drive up price of chicken too and chicken wings so anyways not a good report from wing stop down 10 maybe it will show up on my drawing board in the value fund uh i don’t know but when we come back i’m going to talk about one that has just gone nuts recently uh kind of a surprising one we’ll be right back And welcome back here to the final segment of today’s Best Stocks Now show. Well, you know, okay, the China stocks are coming back into favor, which I said they would. I said at some point in time, you know, I can remember when the Chinese stocks were the hottest stocks in the entire market. Oh, maybe 2006, 2007, around in there, when they were buying up all of the commodities in the world, cement, rebar, steel, aluminum, everything they could get their hands on. Building cities. Oh, my gosh. And the Chinese stocks were just absolutely on fire. and you had to own some of them or be left behind, right? It was easy pickings back then. Now, that was before the current leader, Xi, came along, and then they took an extreme left turn back into the communism side of things, and their market has not really been the same since. They annexed Hong Kong, obviously, and the Hong Kong stocks were another area that used to be a very lucrative area of the market. But now all of a sudden, I’m guessing the catalyst is Deep Seek. And that has warmed up these Chinese stocks. And look, BYD produces now four times as many cars as Tesla does. And, you know, they’ve got several multibillion-dollar companies. But the one that kind of goes under the radar, and this thing has just been absolutely screaming, and it’s a global bank, okay? And, you know what, I really saw the momentum in this thing building about maybe a year ago, nine months ago. It’s actually headquartered in the United Kingdom, HSBC Holdings. Which is a huge, I mean, I think they’re bigger than Goldman Sachs. They are, yes, they’re slightly bigger than Goldman Sachs.
SPEAKER 03 :
Yeah, and they’ve had some missteps along the way, and that’s really what kind of has knocked that value down, which created this chance for a big recovery.
SPEAKER 04 :
Holy cow, it’s cooking on every cylinder now. I mean, over the last 12 months, this thing’s hitting new all-time highs here. Today, I’m just going to look at the track record, HSBC over the years. It actually has big exposure to Hong Kong, okay? I didn’t really realize that until recently.
SPEAKER 03 :
And that’s that old UK tie.
SPEAKER 04 :
Yes, exactly. And I put two and two together, and I said, that’s why this stock is screaming. It’s because of… So I would say if you want to play China, I mean, this is the safest way to do it. Over the last 10 years, it’s only averaged 8% a year because it went through that 08, 09. Well, I guess that’s further than that, but it went through some tough times there. But over the last 12 months, this thing’s up 60% versus the S&P 22%. So it has a lot of momentum going for it right now. uh… it’s a large cap it’s a mega cap uh… and my valuation works out uh… eighty seven percent upside potential so i would choose it over goldman sachs just because they have that exposure to other areas. Goldman Sachs is doing pretty well too right now, but I think HSBC has got a lot more momentum to it. I’m just going to look and see where it’s ranked currently and what the dividend yield is. The dividend yield is 5.4%. That’s pretty dang good. And a stock hitting new all-time highs. On a scale of 1 to 99, the momentum is 89%. And the overall rank, this would belong in our dividend portfolio if I were to, I wish I would have bought it a while ago. It’s ranked number 66 out of 5,038. So kind of surprising to see a bank, a large cap dividend paying bank ranked that high in the app but i’ve seen stranger things so it’s definitely one to have on your radar right now hsbc holdings global provider of banking and financial services to 42 million customers in 62 countries so you I just think you’re more diversified there than you are in a Goldman Sachs. Okay, and then the last one I wanted to mention is actually I want to go underneath the surface of the market right now and take a look. It’s pretty dull, actually. I don’t see a lot of action here today. I’m hoping to find something today, but I want to look at the S&P 500 real quick in the last minute that we have here and see if there’s anything that’s jumping off the page right now. I think HSBC might be one of those. Oh, wow, there’s some big losers today. Etsy’s down 9.7. Arista’s down 7.5. Cadence Systems, which has been a hot stock, It’s down 10.6%. On the upside, Garmin would probably have been around longer than any other GPS-based stock. We have those old Garmin instruments in our cars. It’s up 12%. Devon Energy is up 9.8%. I’ve noticed some big moves in natural gas here recently. We’ve got a big freeze coming, I think Thursday, Friday, Saturday.
SPEAKER 03 :
Yeah, 25 low down here, huh?
SPEAKER 04 :
What the heck? I’ve got to put the ears on the citrus trees again to get them through it. I just put them away.
SPEAKER 03 :
I finally got these rollers on the bottom of these lemon, a couple of lemon bushes, so I can actually roll them in the house.
SPEAKER 04 :
Roll them right in the bedroom, and the fragrance is nice at night, a little lemon blossom. Super micro, 6.5. That thing’s on the move here recently, SMCI. It’s a little bit of a temperamental stock, though. It worries me. And Tesla’s on a pretty good day now. It’s up 2.3%. And I did see, I heard a snippet of an interview with Elon Musk. He says, you know, a lot of people think I’m in it because I want the tax credit back on the Teslas. He says, that has nothing to do with why I’m doing what I’m doing, right? And, you know, they think that Elon’s in it for himself, but it seems to be he’s in it because he wants to help Tesla. Help just update the system and find out where the money’s going and get rid of the mistakes and the waste, which we know there’s plenty of.
SPEAKER 03 :
Okay. He wants a healthy country to operate business in as well. That’s what it seems like to me.
SPEAKER 04 :
I mean, I don’t see any ulterior motives there myself, but that’s just me. Everybody’s got their opinion. That’s mine. Okay. Well, the four-week trial… We’re having a lot of fun. We haven’t had much action lately, but we have had some huge winners here so far this year. We’ve kind of hit a little dull spot in the market, which that comes along from time to time. The market doesn’t go up every single day, but there’s opportunities. I look for opportunities every day. Go to GundersenCapital.com to sign up for a four-week trial. And to talk to us about money management and financial planning, 855-611-BEST. 855-611-BEST. All right. Have a great day, everybody.
SPEAKER 02 :
This show is not a solicitation to buy or sell any securities. Bill Gunderson or clients of Gunderson Capital Management may have long or short positions in stocks mentioned during the show. Past performance is not indicative of future performance. Gunderson Capital Management is a fee-based registered investment advisory firm. All accounts are held at Charles Schwab. Schwab is a member of SIPC and FINRA.
