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MarketFoolery

Best Buy’s Best Bet

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 17 November 2016

⏱️ 17 minutes

🧾️ Download transcript

Summary

Best Buy’s 3rd-quarter profits stunned Wall Street (in a good way). Analyst Ron Gross shares why Best Buy is poised for a strong holiday quarter. We discuss the sudden rise in dry ship stocks, how to rebuild a portfolio and Ron’s Thanksgiving Day cooking tips. Plus, we share the first details on our upcoming live taping in New York City.

Transcript

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0:00.0

It's Thursday, November 17th.

0:03.6

Welcome to Mark Fullry.

0:04.7

I'm Chris Hill joining me in studio today

0:07.0

from Motley Fool 1.

0:08.5

Mr. Ron Gross.

0:09.8

Hey, hey.

0:10.8

Thanks for being here.

0:11.8

I love being here. We gotta a we got a wrap this up quick because we got a little Thanksgiving lunch here with the mommy fool.

0:17.4

Mm, turkey. We're actually because I think a long time listeners know you are more than a little handy in the kitchen.

0:26.0

So we're gonna, okay.

0:28.0

We're gonna talk stocks like we're always doing.

0:30.0

I don't want to oversell it though.

0:31.0

I'm gonna oversell it.

0:32.0

We're gonna talk stocks, but you know get your

0:36.6

your laptops, get your pen and paper handy because we're going to get some Thanksgiving cooking

0:40.6

tips from Ron Gross. But we've got to start with some news. We're also going to dip

0:44.0

into the full mail bag. Let's start with Best Buy. Holy cow. Their third quarter was

0:50.2

fantastic. You meet Holy cow Ron, how could you get this one so wrong?

0:54.9

You're not alone.

0:56.5

There are, you can't swing a dead cat in this office without hitting someone who at some point

1:01.3

over the last five years said, boy boy I think Best Buy is dead.

1:04.6

Yeah now I don't even know I probably did say dead at one point in time but that was

...

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