Auto Industry’s Disruption Will Be Massive
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 16 May 2017
⏱️ 28 minutes
🧾️ Download transcript
Summary
Home Depot hits an all-time high on another fantastic quarter. Motley Fool Funds analyst Bill Barker shares why, despite a rising stock price, shares of Home Depot are still reasonably priced. Ford Motor is reportedly laying off 10% of its workforce, but the coming disruption in the automotive industry will potentially dwarf this news. Plus, we discuss Tronc’s latest move and rumors of a major rift inside Mondolez.
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Transcript
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| 0:00.0 | Thanks to Slack for supporting this episode of Market Foolery. |
| 0:02.7 | Slack is a messaging app which brings together all your team's communications |
| 0:06.9 | in one place making work simpler and more productive. |
| 0:10.4 | Slack where work happens. Find out why at Slack.com. |
| 0:15.0 | It's Tuesday, May 16th. |
| 0:18.0 | Welcome to Market Foolery. |
| 0:19.0 | I'm Chris Hill joining me in studio today for Molly Full Funds, Bill Barker. |
| 0:23.2 | Thanks for being here. |
| 0:24.2 | Thanks for having me. |
| 0:25.2 | We are just chugging along through the month of May. |
| 0:28.2 | We got Memorial Day just around the corner. |
| 0:30.7 | But we're still, you know, we're still getting it done with earnings. |
| 0:34.0 | Wow, you're looking forward to Memorial Day, it's only Tuesday, it's like two weeks away. |
| 0:39.0 | Who doesn't like Memorial Day weekend? |
| 0:41.0 | I mean, come on, it's one more excuse to grill. We're going |
| 0:46.9 | to dip into what's happening in the automotive industry which is not great and online publishing but we got to start with Home Depot |
| 0:56.4 | which is the number one home improvement chain in America and they proved why once |
| 1:02.2 | again with their first quarter report. |
| 1:04.0 | Their profits were higher than expected. |
| 1:05.7 | Their same store sales were up 5.5%. |
| 1:09.1 | Their average ticket order was up. |
| 1:10.8 | Is there, like, are they bulletproof right now is there anything that this |
... |
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