2 Stocks We Just Bought
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 9 September 2020
⏱️ 19 minutes
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Summary
Slack falls 15% on slowing growth. Lululemon Athletica’s digital sales in the 2nd quarter rose 155% but Wall Street isn’t impressed. Casey’s General Stores hits an all-time high after strong 1st-quarter results. Jason Moser analyzes those stories and shares the two stocks that he and Matt Frankel just bought.
Transcript
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| 0:00.0 | It's Wednesday, September 9th. |
| 0:04.0 | Welcome to Mark and Foolery. |
| 0:05.0 | I'm Chris Hill with me today. |
| 0:07.0 | Mr. Jason, Moser. |
| 0:09.0 | Good to see you, my friend. |
| 0:10.0 | Yes, sir. Good to see you, too. |
| 0:11.0 | How's everything? |
| 0:12.0 | Going all right. We've got more. Sir, good to see you too, how's everything? |
| 0:12.6 | Going all right, we've got more earnings, |
| 0:15.7 | which always makes me happy that we have earnings |
| 0:18.0 | to talk about. |
| 0:19.2 | We've got a couple of different versions of retail. |
| 0:22.6 | We're gonna start that with Slack. |
| 0:24.6 | Shares of Slack are down 15% at the moment. |
| 0:28.1 | Despite the fact that second quarter revenue |
| 0:30.0 | came in higher than expected, |
| 0:37.2 | I wanna get to a comparison that is happening in the financial media with Slack. I want to get to that in a minute, but first what |
| 0:40.6 | did you think of Slackacks results their guidance and when you look at the 15% |
| 0:47.3 | dropped do you think yeah I can see that well I'll be interested to to hear this comparison because I don't |
| 0:56.3 | think I've seen it and I this reminds me of something to I have a little |
| 1:00.4 | comparison of my own so I'll be interested to see if they if they match up here but to me you know when I |
| 1:04.9 | watching Slack is a publicly traded company this is starting to me it's starting to |
... |
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