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CNBC's "Fast Money"

Countdown to Walmart Earnings and Digging Into Robinhood’s Capitol Hill Testimony

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 17 February 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

Walmart shares are off their highs as it heads into tomorrow’s earnings call. We break down where the stock is going from here. And the CEOs of Robinhood, Reddit and more are front and center on Capitol Hill tomorrow. What you need to know about their testimonies. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

I'm Melissa Lee, and this is Fast Money.

0:03.6

Tonight's Trader Line up, Guaidami, Tim Seymour, Dan Nathan, and Karen Feynman tonight

0:07.4

on Fast.

0:08.4

The retail trading revolution heads to Washington, the CEOs of Robin Hood, Melvin Capital.

0:13.8

And roaring Kitty himself, they'll all be front and center on Capitol Hill, we dig into

0:18.1

their testimonies.

0:19.1

Plus, ready to rev up one fund manager thinks this stock is about to see accelerating gains.

0:24.3

We'll tell you what it is and lay out her case.

0:26.5

And don't forget, you've got a special bonus hour coming up at 6 PM Eastern Time

0:29.9

all this week.

0:30.9

Fast Money is taking a look at the new American investor and how they are changing the way

0:34.8

Wall Street does business.

0:36.2

But we start off tonight with a countdown to earnings from Walmart, the world's biggest

0:39.9

retailer getting ready to report before the bell tomorrow shares up nearly 25% over

0:44.6

the past year.

0:45.6

But I've fallen more than 4% for recent highs.

0:47.7

So, have we seen a re-rating for this stock?

0:50.4

Where are we in that process?

0:52.1

Is it over maybe guy, especially with the reopening on tap?

0:56.7

Yeah, I don't think it's over, Mel.

0:58.2

But again, I got to point out both Tim and Karen have talked about this and I've gotten

1:02.1

on board late, but I am on board now in terms of the re-rating and I think it deserves

...

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