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MarketFoolery

2 Stocks Hitting New Highs

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 1 April 2019

⏱️ 15 minutes

🧾️ Download transcript

Summary

Roman Financial crushes 4th-quarter results sending the stock up 10%. Shares of McCloskey Holdings (aka, “the next Baby Berkshire”) hit an all-time high. Jason Moser and Taylor Muckerman analyze the latest founder-led businesses hitting new highs. Plus, we discuss the latest hot IPO and whether investors should jump in now or wait for a pullback.

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Transcript

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0:00.0

Thanks to Grammarly for Sporting Market Foolry.

0:02.0

Grammarly is a communication tool that helps people improve their writing to be mistake-free,

0:07.0

clear, and effective.

0:08.6

Start writing confidently by going to Grammarly.com slash Fool to get 20% off a Grammarly premium account today.

0:17.0

It's Monday April 1st. Welcome to Market Floor.

0:20.0

I'm Cressil joining me in studio today.

0:22.0

It's the old Monday crew.

0:24.0

Taylor Huckerman and Jason Moser.

0:26.0

Good to see it every now and then.

0:27.0

Every now and then we get the Monday crew back together.

0:30.0

We have another hot IPO.

0:32.0

We've got a baby Berkshire in the making. We're going to start with some earnings though

0:36.9

Strong fourth quarter report from Roman financial

0:40.1

What started nearly 30 years ago as an investment newsletter service has grown to become a diversified

0:45.6

financial services company that now includes investment banking and mortgage lending,

0:50.9

Jason shares of Roman financial up 10% this morning and hitting a new all-time high.

0:56.0

Yeah, I mean, I think it would be easy, it would have been easy to dismiss this business.

1:01.7

I think when you look back at the history of the company, the way that

1:05.4

Joey Roman, the founder, and CEO started this company, I mean, listen, newsletter

1:10.5

based on penny stocks. That's obviously not really in line with what we're

1:14.0

espousing here at the Molly Fool we're a bit more long-term

1:17.2

focus business focused investors but I think that you know everybody

...

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