3 Baskets of Stocks
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 22 September 2020
⏱️ 19 minutes
🧾️ Download transcript
Summary
AutoZone closes out the fiscal year with record same-store sales growth. Quibi is “exploring strategic alternatives”. Jason Moser analyzes those stories, and shares the 11 stocks in his “War on Cash” basket, “Healthcare & Wealthcare” basket, and “Triple A” basket.
Transcript
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| 0:00.0 | It's Tuesday, September 22nd. |
| 0:04.0 | Welcome to Market Foolery. |
| 0:05.0 | I'm Chris Hale with me today. |
| 0:07.0 | Mr. Jason Moser. |
| 0:08.0 | Good to see you. |
| 0:09.0 | Howdy. |
| 0:10.0 | We've got some video streaming news. |
| 0:12.0 | We are going to talk about basket investing, so folks are going to want to take some notes on that. |
| 0:18.0 | But we're going to start with the automotive world, specifically AutoZone, which wrapped up its fiscal year in style. |
| 0:26.7 | Fourth quarter profits and revenue came in higher than expected for AutoZone. |
| 0:31.2 | Do I have this number right? store sales up nearly 22%? I think I have that right. |
| 0:37.0 | You do have that right. |
| 0:38.0 | And here's another fun fact for you. |
| 0:40.0 | Actually, AutoZone enjoyed its largest quarterly same store sales performance since going public in 1991. |
| 0:47.0 | That 22% was the greatest quarter they have recorded as a publicly traded company. |
| 0:53.4 | So I mean, listen, that is, all kidding aside, that is monumental, man, that's a great achievement |
| 0:59.7 | given the situation, it's at least a little bit understandable but but yeah there you go |
| 1:04.8 | great quarter indeed. You and I whenever we talk about housing at some point I |
| 1:12.4 | feel like we get around to the idea of for investors |
| 1:16.0 | who are looking at the housing industry which is a large industry. A lot of times you and I will sort of land on, hey, one way, if you're just starting out, one way to play the housing industry is not to go to the home builders. It's to go to home improvement. That gives you exposure to |
| 1:34.3 | the housing industry. It's a little bit safer, a little bit more |
| 1:37.4 | predictable in some ways, and let's face it, Home Depot and Lowe's are two very rock steady performers certainly have been over the past decade. |
... |
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