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Motley Fool Money

1 CEO Cooking Up Big Returns

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 6 March 2015

⏱️ 39 minutes

🧾️ Download transcript

Summary

Costco and Wayfair deliver the goods. Lumber Liquidators collapses. And two big tech stocks make a big switch. We discuss those stories and more. Plus, Motley Fool CEO Tom Gardner talks with Middleby CEO Selim Bassoul about hot ovens and hot stocks.

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:07.0

The best thing in life are free, but you can get them to the present. Be the best.

0:16.0

From full global headquarters, this is Motley Full Money.

0:19.0

It's the Motley Full Money Radio Show. I'm Chris Hill, joining me in studio this week for

0:23.0

Million Dollar Portfolio, Jason Moser. Thanks for being here, my friend.

0:26.0

While it's an intimate setting today, right?

0:28.0

It is. The winter weather hitting the East Coast has left us a little short-handed this week,

0:32.0

but we still get a great show. We've got the latest retail earnings and a big switch for two of the

0:37.0

biggest technology stocks. We've got a CEO interview you are not going to want to miss,

0:41.0

and we'll give you at least one stock to put on your radar.

0:44.0

But we begin this week with the big macro. The monthly jobs report came out Friday morning.

0:48.0

The US added 295,000 jobs in February.

0:52.0

Unemployment falls to 5.5% and Jason,

0:56.0

12th month in a row, the economy's added at least 200,000 jobs.

1:01.0

Yeah, and I mean you have to feel really good about that. I think more jobs is obviously what we're going for here.

1:07.0

And U6, which is sort of that broader measure is also coming down, which is good to see.

1:12.0

Long-term unemployed remain relatively flat, but encouraging that it's

1:16.0

fallen by about 1.1 million over the past 12 months. So that's all encouraging.

1:21.0

Well, I think at some point though here we have to sort of enter this argument or sort of this

1:26.0

debate of quality versus quantity, right? Because while unemployment is improving,

1:31.0

wages aren't really improving so much. And yet we are going to see here as time goes on,

1:36.0

costs continue to go up. So I look at the food service industries as an example.

...

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