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Motley Fool Hidden Gems Investing

Buy, Sell, or Hold?

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 20 August 2021

⏱️ 39 minutes

🧾️ Download transcript

Summary

Will Amazon’s department stores be a hit with shoppers? Who is the next CEO to announce retirement? What’s the next big trend in alcohol sales? Maria Gallagher and Jason Moser tackle those questions, as well as the latest earnings from Walmart, Target, Lowe’s Home Depot, Foot Locker, Nvidia, Farfetch, and Robinhood. Plus, they discuss Chipotle’s newest menu item, share 11 stock ideas for the return of weddings and two stocks on their radar: Roblox and Elastic. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:07.0

From full global headquarters, this is Motley Fool Money.

0:19.0

It's a Motley Fool Money radio show. I'm Chris Hill joining me this week.

0:22.0

Senior Analyst Jason Moser and Maria Gallagher. Good to see you both.

0:26.0

We've got the latest headlines from Wall Street. We've got a round of biceller hold.

0:31.0

And as always, we've got a couple of stocks on our radar.

0:34.0

But we begin this week with a wide range of retail.

0:38.0

First up is Target. Second quarter profits in revenue were higher than expected.

0:42.0

Same store sales rose nearly 9% and target raised full year guidance.

0:48.0

And despite all that goodness, Jason, shares of Target down about 3% this week.

0:53.0

Yeah, down a little bit this week. And maybe that's a little bit of a reflection of where the stock was valued going into the week.

1:00.0

And perhaps a little bit of uncertainty for the back half of the year just based on current situation.

1:07.0

But I wouldn't let that take away enthusiasm for what this company is doing.

1:12.0

To me, this is one of the premier retailers in the world. I don't think that's hyperbole.

1:16.0

I mean, they've stuck with their plan and it is straight up working.

1:20.0

I mean, Omni Channel doesn't even really seem to do them full justice.

1:25.0

And the numbers really, I think bear that out.

1:28.0

In the second quarter of the comparable sales as cops were up 8.9%.

1:33.0

And that was on top of 24.3% a year ago.

1:37.0

Clearly a year ago was a lot accelerated last year, right?

1:42.0

So it's a difficult comp going into this year. But revenue grew 9.5% from a year ago.

1:46.0

So as a result, when you look at total sales for the quarter,

...

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