5-3-2021: Verizon Exits Media Businesses
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 4 May 2021
⏱️ 48 minutes
🧾️ Download transcript
Summary
After paying over $10 billion to acquire some of its high-profile properties, Verizon will sell its media group to private equity firm Apollo Global Management for close to $5 billion.
Today's Stocks & Topics: VIAC – Viacom CBS Inc. Cl B, ABT - Abbott Laboratories, Debt, KMX - CarMax Inc., C - Citigroup Inc., WRK - WestRock Co., Bitcoin & Ethereum, SFM - Sprouts Farmers Market Inc., Investing for Kids, MSFT - Microsoft Corp., VALE - Vale S.A. ADR.
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Transcript
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| 0:00.0 | Now, on this Invest Talk podcast, Justin Klein listens to your questions. |
| 0:07.0 | Let's go to Texas and talk with Kent, he's looking at City Group. |
| 0:11.0 | Hey Justin, I bought City Group last year around $42. |
| 0:16.0 | I'm just wondering what do you think about that? |
| 0:19.0 | It just keeps me this core holding or what this big good time to just look at the profits |
| 0:24.0 | and drop back to one big giant bank. |
| 0:27.0 | And provides unbiased answers. |
| 0:29.0 | City Group, historically, is very up and down performance. |
| 0:33.0 | If you're going to own a large bank, I think Jason Morgan is the one to own. |
| 0:36.0 | Invest Talk. |
| 0:37.0 | Over 31 million downloads and counting. |
| 0:40.0 | Where do you think that you money is going to come into Ethereum? |
| 0:44.0 | Or do you think money is going to come out of Bitcoin? |
| 0:47.0 | Your participation makes it unique. |
| 0:50.0 | 880-99. |
| 0:52.0 | Shark. |
| 0:54.0 | This podcast is produced by KPP Financial, Steve Peasley president, KPP Financial, |
| 1:05.0 | Independent Thinking, Shared Success, and out today's podcast. |
| 1:11.0 | Good afternoon fellow investors and welcome to Invest Talk. |
| 1:18.0 | This is our Monday May 3rd, 2021 edition of Invest Talk. |
| 1:23.0 | Appreciate you all tuning in this hour. |
| 1:26.0 | I'm going to do my best to make it informative and instructive for you, |
... |
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