All for One, One for Seven
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 24 June 2015
⏱️ 11 minutes
🧾️ Download transcript
Summary
Lennar and Monsanto announce earnings that could be a good indicator of things to come. Plus what Netflix’s 7-for-1 stock split means for investors, and why Amazon is coming to a home near you.
Transcript
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| 0:00.0 | It's Wednesday, June 24th. |
| 0:03.0 | Welcome to Mark Eulery. |
| 0:05.0 | I'm Mark Reith and joining me in studio today from stock advisor Sarah Hove |
| 0:08.0 | and from rule breakers David Crespin. |
| 0:10.0 | Guys, how's it going? |
| 0:11.0 | It's going well. |
| 0:12.0 | Thanks for having us. Hi Mark. Thanks for |
| 0:14.2 | being here. Plenty to talk about today including earnings from Monsanto, new |
| 0:19.5 | ideas from Amazon, and a huge stock split from Netflix, but we begin with Home Builder Lenar. |
| 0:25.0 | Lenar is the second largest Home Builder in the U.S., which means it's a pretty good |
| 0:28.6 | indicator of how things are going overall across the country. So Sarah, how did Lenar look this quarter? |
| 0:34.0 | Well they had a great quarter mark and I think a lot of people in the market are seeing |
| 0:38.5 | this as an even bigger indicator of the overall housing market. It is the second |
| 0:42.4 | largest home builder, as you said. |
| 0:44.3 | And they increased net earnings 47% for the first quarter. |
| 0:50.3 | So that's pretty huge. And new orders are up 18% and I think a lot of a lot of in |
| 0:59.2 | analysts out there see that as an indicator of again of home building picking up which is one of |
| 1:04.7 | the biggest indicators of a healthy economy in this country so it maybe the |
| 1:09.2 | recession is finally wearing off whoaa, those are big words here. |
| 1:14.0 | I like that though. |
| 1:15.0 | David, do you feel similarly? |
| 1:17.0 | Will the good times keep rolling for Lenar and the economy in general, I suppose? |
... |
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