Back To The Future: 3 stocks for 2045
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 21 October 2015
⏱️ 32 minutes
🧾️ Download transcript
Summary
Chipotle’s growth slows down. Valeant Pharmaceuticals gets hit with allegations of fraud. GM crushes 3rd-quarter earnings, while the Ferrari IPO revs its engine. Plus, we celebrate “Back To The Future” day by sharing 3 stocks we would hold for the next 30 years.
Transcript
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| 0:00.0 | It's Wednesday, October 21st. |
| 0:03.6 | Welcome to Mark of Foolery. |
| 0:04.8 | I'm Cressel joining me in studio today for Motley Fool Funds, Bill Barker, |
| 0:08.2 | and for Motley Full Options and Pro Canada, Jim Gillies. |
| 0:12.1 | Happy Wednesday, Jen. Happy Wednesday, gents. |
| 0:14.0 | Happy back to the future today. |
| 0:17.0 | October 21st, 2015. |
| 0:19.0 | I'm disappointed no one is wearing the clothing that the gang of youth chasing Marty McFly we're |
| 0:25.2 | wearing in Back to the Future too. Look it up. Look it up. Look it up. |
| 0:29.0 | We're good to that. Yeah, I'm a little sad that I came to the office today. |
| 0:31.8 | Long time listening to the show. No, that if anything, we're going to talk about Back to the |
| 0:35.6 | future today. |
| 0:37.4 | But we do have some earnings to get to, so let's dig in. |
| 0:41.8 | Chipotle's third quarter revenue up more than 12% but |
| 0:45.4 | same store sales just 2.6% and maybe it's just because they're suffering from great expectations because let's face it, |
| 0:55.0 | Bill, if McDonald's was putting up comps of 2.5%, they'd be throwing a parade over there. |
| 1:00.0 | But for Chipotle, the stock stocks down more than 6%. |
| 1:03.5 | Yeah, well, McDonald's rightfully is not valued in the same way that Chipotle is. |
| 1:07.9 | This is a company that was putting up Comps in the teens this time last year that in part is because they had put through a price increase which was effective |
| 1:17.2 | everybody just kept eating there and eating more expensive meals and they haven't put a price increase since and a couple |
| 1:27.0 | things one when the cops are going from the teens I think they were four some percent last quarter, two percent, something this quarter and they've indicated that October is less than that and it's been very bumpy. |
| 1:41.0 | People start projecting very different numbers forward for the company than they were |
... |
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