Blowout Earnings, Food Dividends, Psychedelic Stocks
Barron's Streetwise
Barron's
4.7 • 1.6K Ratings
🗓️ 1 May 2026
⏱️ 25 minutes
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| 0:00.0 | Access to affordable credit helps me pay my employees, but I don't really need it. |
| 0:05.0 | Infliction is killing me! |
| 0:08.0 | But who cares? Big retailers are making record profits! |
| 0:12.0 | That's why we support the Durban Marshall Credit Card Bill! |
| 0:15.0 | See? Banks and credit unions help small businesses make payroll. |
| 0:18.0 | This bill would cut the vital resources they need. |
| 0:25.1 | While increasing megastore profits, they deserve it. Don't they? |
| 0:29.9 | Tell Congress, stop the Durban Marshall money grab for corporate megastores. Paid for by the Electronic Payments Coalition. |
| 0:34.5 | It's pretty otherworldly. I mean, you have, we're beating by something like 9% on the earnings that are, that are coming in. |
| 0:45.1 | However, however you look at it, this is, this, this season is a really big deal. |
| 0:50.5 | Hello and welcome to the Barron Streetwise podcast. |
| 0:53.7 | I'm Jack Howe. And the voice you just heard is Jonathan Gallup. He's the chief equity strategist at Seaport Research Partners. And in a moment, he'll talk to us about corporate earnings season and whether it's any good. Spoiler alert, it's really, really good. We're going to hear about how long that can continue and what it means for stock prices. |
| 1:14.1 | But first, I'll say a few words about big food dividends and about psychedelic stocks, |
| 1:20.8 | psychedelic as in magic mushrooms and stocks as in, why are there stocks for magic mushrooms? |
| 1:27.1 | Let's get into it. |
| 1:32.0 | Let's start with big food dividends, and our thoughts and sympathy are with Mr. Peanut |
| 1:36.8 | and Count Chocula because this is a difficult time for food stocks. |
| 1:41.0 | Kraft Hines was recently down more than 40% over the past three years not counting dividends. |
| 1:46.8 | General Mills, Campbell's, ConAgra brands, those were all down around 60% apiece. |
| 1:52.5 | The S&P 500 is done well over that stretch. It's made 72%. As prices have fallen for food stocks, the dividend |
| 2:00.1 | yields have plumped up. |
| 2:02.2 | The companies I just mentioned, they were recently 7 to 9%. |
... |
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