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InvestTalk

10-1-19: Opinion: One FANG Stock Could Rally Another 40% Before It Gets Overvalued

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Business, News, News Commentary, Entrepreneurship, Investing, Business News

4.41.5K Ratings

🗓️ 2 October 2019

⏱️ 47 minutes

🧾️ Download transcript

Summary

While Facebook, Amazon and Netflix have slumped, Google parent Alphabet has soared.

 

Today's Stocks & Topics: 3M Co.-MMM, Apple-AAPL, Cummins Inc.-CMI, Aurora Cannabis Inc.-ACB, Nike Inc.-NKE, GEO Group Inc.-GEO; Verizon-VZ, Recession coming?, Bonds vs. funds?, PMI index UP but ISM number down?, Coming changes to credit cards-- such as more rewards programs.

 

Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields; TRIVIA QUESTION: How many 4G cell phone towers are there now, and how many 5G towers will be needed? (Cost projections for Verizon 5G capital expenditures).

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Transcript

Click on a timestamp to play from that location

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 it is Tuesday October 1st 2019

0:27.1

Thursday of trading for the new quarter and it didn't start off very well did did it? Oh well. And you know, we all watch the news, we know what's going on.

0:37.0

You know, there was some good interesting stats out I'm going to talk about today that drove the stock market down so we'll get to that later on

0:47.4

But the news is constantly turning tomorrow.

0:49.4

Tomorrow could be something good. You just never know

0:51.8

But we have to keep our eye on the economies, not only just

0:56.1

our economy, but the world economy. What's going on outside our borders? And that, because

1:01.1

that plays a part for our stocks and all those variables play a part for our stock and stock markets, all the stocks in the stock market.

1:10.0

And the reason why you're listening is because I try to offer unbiased guidance about all this stuff.

1:16.0

And I'm not always right, I'm not, totally understand that, but I do try to provide facts as opposed to opinions and I'll tell you if I have an opinion

1:26.4

but I like to stick with some of the facts first to base my opinions on and then you can

1:31.5

have your own opinion.

1:33.0

So good evening everybody, or good afternoon.

1:35.0

I'm Steve Peasley and I thank you for joining me today.

1:38.0

And I hope you'll call me, remember this is a call-in show,

1:42.0

you know, as long as there are questions about money, finance, investing,

1:48.0

long as it's financial, we'll talk about it.

1:51.5

And when you do call, of course, you take charge to the show and you decide

1:54.6

where it's going to go. A lot of you call about individual stocks. We'll talk about that. But

...

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