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MarketFoolery

2 Video Game Stocks We Like Right Now

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 13 March 2019

⏱️ 20 minutes

🧾️ Download transcript

Summary

Aurora Cannabis pops 10% when a famous activist investor enters the scene. Aaron Bush shares how he views activist investing and why he’s not buying Aurora Cannabis on this news. Plus we discuss Spotify’s complaint against Apple Music and dip into the Fool Mailbag to examine the best ways to invest in video games and the rise of esports.

Transcript

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0:00.0

It's Wednesday, March 13th.

0:03.6

Welcome to Market Foolery.

0:04.8

I'm Chris Hill joining me in studio today.

0:07.0

Aaron Bush in the house.

0:08.3

Thanks for being here.

0:09.0

Thanks for having me, Chris.

0:10.2

We're going to dip into the full mailbag.

0:11.7

We will get to Spotify's battle with Apple.

0:16.0

I want to start real quick though with Aurora Cannabis.

0:20.0

Shares of Aurora Cannabis up 10% this morning and that's because the company has named Nelson

0:25.0

Peltz to be a strategic advisor and for those unfamiliar, Pelt's longtime activist investor, a lot of experience in the consumer goods space.

0:36.3

He's on the board of directors at Procterant Gamble, Mondeleese, Wendy's.

0:41.3

I'm less interested in what you think about Aurora Cannabis, although feel free to weigh in

0:46.6

on that.

0:47.6

I'm more interested in how you view activist investors because I saw this story this morning and I immediately

0:56.8

applied a positive reaction to this situation because of Peltz's experience in consumer goods I thought, you know what,

1:08.1

that's a good move by Aurora Cannabis.

1:11.1

Yeah, so I think for Aurora, it's better for them to have Nelson Pelt's than not have them,

1:17.5

but I'm not sure how big of a deal it is for them.

1:20.3

So they're a medical cannabis seller they have lots of different

1:23.7

partners so already even though they don't have that much sales they kind of

1:29.2

have the makings of what like a large conglomerate would look like.

...

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