Fear This Media Stock
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 4 May 2017
⏱️ 21 minutes
🧾️ Download transcript
Summary
Facebook posts big numbers in the 1st quarter, as Wall Street yawns. Simon Erickson analyzes the social network’s future and digs into the latest quarterly report from Tesla. We also discuss the growth of digital subscriptions to, and stock price of, The New York Times. Plus, we lay out the reasons why investors interested in media stocks should steer clear of radio operator Cumulus Media.
Transcript
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| 0:00.0 | It's Thursday, May 4th. |
| 0:04.0 | Welcome to the market foolery and May the 4th be with you. |
| 0:07.0 | I'm Chris Hill joining me in studio today from Motley Fool Explorer. |
| 0:10.0 | Back from Silicon Valley, Simon Ericsson in the house. |
| 0:13.7 | Thanks for being here. |
| 0:14.6 | Thanks for having me, Chris, and happy Pre-Sengo de Mayo. |
| 0:17.9 | Yes, yes, the Star Wars fans are all excited today, |
| 0:21.3 | and anyone who enjoys a margarita is yes probably |
| 0:26.4 | excited about Cinco de Mayo coming on a Friday boy I mean we talk about this where retail companies lots of companies when they come out with |
| 0:37.7 | the quarterly earnings particularly in the spring they're not shy about using |
| 0:41.6 | weather as an excuse like well the weather really hurt and sometimes that's real sometimes that's warranted but sometimes it's just a lame excuse |
| 0:48.4 | Nobody ever |
| 0:49.7 | Flips it nobody ever says boy. You know why we crushed it this quarter is because of the weather. |
| 0:55.3 | Same thing with the alcohol companies. |
| 0:58.5 | Yeah. |
| 0:59.5 | Whenever they're reporting, no one is going to be like well you know what really helped us |
| 1:04.0 | sink out of my oh being on a Friday and it's kind of the perfect season for a holiday |
| 1:08.1 | right it's nice out you know it's springtime yeah temperature is nice |
| 1:11.3 | perfect holiday you need something to wash away the pollen The temperature is nice. Perfect holiday. |
| 1:13.0 | You need something to wash away the pollen. |
| 1:15.0 | Good Lord. |
| 1:16.0 | All right, we are going to talk about your trip to Silicon Valley, |
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