09-11-19: A Sudden 'Value Stock' Transformation Could Unnerve Some Investors
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 11 September 2019
⏱️ 46 minutes
🧾️ Download transcript
Summary
Some value stocks — those with low multiples and stable fundamentals —have significantly outperformed their growth counterparts.
Today's Stocks & Topics: MNK - Mallinckrodt PLC, Retirement Savings, Inflation, PRU - Prudential Financial Inc., Yield on the 10-year Treasury note: 1.73%, 2-year Treasury: 1.662%, GOLD: $1,497.96 per OUNCE, Oil: $57.53 per barrel, Gasoline: $2.56 per gallon, Bitcoin: $9.984 per coin, AAPL - Apple Inc., Investing in the Market, Antitrust Problem for Google and Facebook, CMG - Chipotle Mexican Grill Inc., Investing in the Market, DNR - Denbury Resources Inc., EWI - iShares MSCI Italy ETF, Labor Participation Rate, T - AT&T Inc., EFX - Equifax Inc.
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to Invest Talk. It is Wednesday, September 11, |
| 0:26.2 | 2019 and of course the stages as you know a pretty has pretty tragic history we all know it September 11 2001 when the terror |
| 0:38.7 | attacks hijacked some jetliners hit the World Trade Center. I used to come out of the word Trade Center every day for years. |
| 0:50.0 | And it hit both World Trade Centers and they collapse. |
| 0:53.0 | And of course the Pentagon crash and another plane in the field out somewhere in Pennsylvania. |
| 0:58.0 | 3,000 people were killed on 9-11. |
| 1:01.0 | 3,000. |
| 1:02.0 | So today, 18 years later, we remember those people. And early in my career |
| 1:08.6 | lived there, as you died in, you know, I'm going to New York you know he everybody knows on this radio show I will be going |
| 1:16.6 | to visit in New York and I will be going back to the World Trade Center. I went back to the |
| 1:20.9 | World Trade Center a year after that happened because it had some significance |
| 1:26.2 | for me. |
| 1:27.9 | So now I'm going to go back, I haven't been back since then, so I'm pretty excited about visiting it just to see the memorial there. |
| 1:37.0 | Anyways, it's something that I think we all need to remember. We all need to remember that day. |
| 1:45.0 | We've been watching the news. Let's try to move on. It's a little hard for me here. I don't like talking about it and thinking about it, but needs to be done. |
| 1:55.0 | You know, we've all watched the news and we know that the market's reacting and you know |
| 2:00.0 | up and down sideways is actually doing quite well recently I think had a good day |
| 2:05.3 | today then of course there's a lot of variables at work here and you know I think the market is coming to knowing that the |
| 2:16.2 | thinking or accepting that the Fed's going to lower interest rates in the next |
... |
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