CG: Fact or Fluff?
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 4 April 2017
⏱️ 28 minutes
🧾️ Download transcript
Summary
We look at recent quotes from the management teams at Target and Dr. Pepper Snapple to determine whether their hopeful plans for the future should be accepted at face value by investors. In other news, Panera Bread hit a fresh all-time high Monday after news broke that the company is fielding buyout offers -- here are the companies likely to pursue a deal.
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:07.0 | I'm your host Vincent Shen and it is Tuesday, April 4th. Joining me via Skype is Asset Sharma. |
| 0:13.0 | Great to have you with this, Asset. |
| 0:15.0 | Thanks, uh, we're happy to be back. |
| 0:17.0 | Joining me via Skype is Asset Sharma. |
| 0:19.0 | Great to have you with us Asset. |
| 0:22.0 | Thanks, uh, we're happy for having great to be back. |
| 0:25.0 | So, Fools, we have a two-part show for you this fine day. |
| 0:29.0 | We will be looking at some quotes from the management teams at Target and Dr Pepper Snappell, kind of a |
| 0:36.7 | sniff test for investors and shareholders. |
| 0:39.7 | Before we get to that, Osset, I really wanted to cover some of the news that broke yesterday. |
| 0:44.2 | So Bloomberg broke this story right around lunchtime, the idea that Panera Bread may soon be |
| 0:51.2 | a buyout candidate. |
| 0:52.6 | And if you look at the intraday trading from Monday, |
| 0:55.4 | you can see the stocks soar immediately following their report, |
| 0:58.6 | or the Bloomberg report that is. |
| 1:00.6 | So shares ultimately gained 8% in the day and reached a new all-time |
| 1:04.3 | closing high of about $283 and as it turns out that comes on top of the all-time |
| 1:10.6 | high hit last Friday, so just a few days ago, by which point the shares were |
| 1:14.7 | already up 28% for the first quarter of 2017. |
| 1:18.0 | Can you give us a lay that land here and who some of the potential suitors may be that might pursue Panera Bread? |
| 1:25.0 | Sure. So basically, Panera Bread is more of a slow growth company in the recent past, but it's a very predictable cash cow. |
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