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Motley Fool Hidden Gems Investing

Chipotle’s Special Sauce, Netflix’s Big Number, DraftKings’ Latest Bet

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 24 April 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

More than 4.4 million Americans file for unemployment as the total number of unemployed climbs to 26 million. Netflix adds 16 million subscribers for the quarter. Verizon loses subscribers and withdraws guidance. Chipotle gets a big boost from digital sales. DraftKings makes its Wall Street debut. Snap surges on surprising growth. Coca-Cola falls on concerns over declining volume. And Domino’s delivers. Motley Fool analysts Ron Gross and Jason Moser discuss those stories and share a couple of stocks on their radar: Masimo and Roku. Plus, Time Value of Money Fund manager Michael Shearn talks about what he looks for in leadership and shares some of his favorite stocks. 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 the Motley Fool Money radio show. I'm Chris Held joining me this week. Jason Moser and Ron Gross.

0:24.0

Good to see you as always, gentlemen.

0:27.0

We've got the latest headlines from Wall Street.

0:29.0

Fund manager Michael Sheeran is our guest and as always, we've got some stocks on our radar.

0:34.0

But we begin once again with the big macro.

0:36.0

Another 4.5 million Americans filed for unemployment this week.

0:40.0

That brings the total over the last five weeks to 26 million unemployed.

0:45.0

And yet, Ron, when you look at the market rebounding off the lows in late March,

0:51.0

and it feels weird to say this, but technically we are in a new bull market.

0:55.0

We have really weird. Only down 13% for the year at this point.

0:59.0

Only down 17% from an all-time high.

1:02.0

And I will remind everyone that the market was up 30% in 2019.

1:06.0

So is there a disconnect? Is the market looking forward?

1:10.0

Do we see a light at the end of the tunnel with some states starting to think about opening up,

1:15.0

which actually gets me a little bit nervous, because I think that's premature.

1:18.0

But I am not a scientist. So we'll wait and see how this plays out.

1:22.0

What I did like to see is that Congress passed the $484 billion second stage

1:28.0

of the Small Business Bellow package, which I think is essential as a bridge to get us to the point of where one day we do actually someone open up our economy,

1:37.0

whether it's staggered or in stages or state by state.

1:40.0

That was essential. I hope the market like that.

...

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