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MarketFoolery

Casting the CEO “Buddy Cop” Movie

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 20 June 2017

⏱️ 28 minutes

🧾️ Download transcript

Summary

Lennar Corp’s stock hits a new high after 2nd-quarter profits come in higher than expected. As auto parts companies struggle Goodyear Tire gets an analyst upgrade. Bill Barker from Motley Fool Funds analyzes these businesses, as well as the future of air travel. And of course, we go off on a tangent about the “buddy cop” genre of movies and discuss who we would cast.

Thanks to Away for supporting The Motley Fool. Go to awaytravel.com/fool and use the promo code “fool” to get $20 off your order!

Transcript

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0:00.0

This episode of Market Foolery is brought to you by Away.

0:02.5

Away makes first-class luggage at coach prices that allow you to charge your phone on the go.

0:08.4

For $20 off your order, go to away travel.com slash fool and use the promo code fool.

0:14.2

That's a way travel dot com slash fool and use the promo code fool.

0:18.6

It's Tuesday June 20th.

0:21.8

Welcome to Market Foolery.

0:23.0

I'm Chris Hill joining me in studio today for Motley Full Funds, Bill Barker.

0:27.0

Thanks for being here.

0:28.0

Thanks for having me.

0:30.0

Speaking of travel, we're going to be talking about a couple of things in the travel

0:34.8

industry, specifically air travel and vehicle travel, but we've got to start with

0:40.1

housing.

0:41.1

Second quarter profits for Lenar Corp fell 2%. That was still, however, much better

0:48.2

than expected and the stock hitting a 52 week high today and this is something you and I have talked about before.

0:55.0

Housing is really strong right now. Housing and housing related stuff is really strong right now.

1:01.0

It's strong and it's not really strong in the in the same way that it was

1:06.5

really strong in 2003-4-5-6 which turned out to be too strong. Right.

1:13.0

And there was a big hangover to be paid for that party.

1:16.0

So actually, Lenar is just now as a stock getting close

1:21.0

to where it was prior to the crash back in

1:27.0

4 or 5 in terms of the stock price I think

1:31.0

and it's you know closing back in on on the same sort of sales level

...

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