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Motley Fool Hidden Gems Investing

Firing on All Cylinders Indeed

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 3 November 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

We’re seeing some big reactions to earnings results in tech and have a few reasons to think some beaten up names might be finding their footing. (00:19) Ron Gross and Matt Argersinger discuss: Why interest rate and unemployment news helped stocksthis week. Starbucks’ triple-shot growth plan, Apple’s flat growth, and why Shopify is firing on all cylinders. Huge earnings reactions from DoorDash and Roku, and Match’s struggle to hold onto singles.  (18:50) Marc Robinson breaks down the negotiations between the United Auto Workers and automakers Ford, Stellantis, and General Motors. (34:16) Ron and Matt break down two stocks on their radar: WK Kellogg and Quest Diagnostics. Stocks discussed: SBUX, AAPL, SHOP, MTCH, DASH, ROKU, KLG, DGX Host: Dylan Lewis Guests: Ron Gross, Matt Argersinger, Marc Robinson Engineers: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We've got the latest on three household names and three stocks that are down big, but might

0:09.3

be poised for a turnaround.

0:10.9

Mottley Full Money starts now.

0:17.0

Everybody needs money.

0:21.0

That's why they call it money.

0:25.0

The best thing they're alive for free.

0:28.0

But you can give them to the birds and bees.

0:32.0

From Fool Global Headquarters, this is Motley Full Money.

0:35.8

It's the Motley Full Money radio show.

0:37.3

I'm Dylan Lewis.

0:38.1

Joining me over the airwaves, Motley Full senior analysts, Matt Arger Singer, Ron Gross. Gentlemen, great to have you both with me.

0:44.3

How you doing, Dylan? We've got some big earnings to run through, but first we're

0:49.2

going to take a snapshot of the big macro. Ron, we had a Fed meeting this week, we had jobs data this week,

0:55.0

what did you see? It's been an interesting week, a lot of volatility. On Wednesday,

1:00.5

the Fed unanimously, easy for me to say, agreed to hold rates steady.

1:06.4

As you will recall, that's following a string of 11 rate hikes, four in 2023.

1:12.4

And Chair Jerome Powell said,

1:15.9

the sustain, getting inflation down to 2%

1:18.7

has a quote, long way to go.

1:20.9

Okay, so the obviously, to go. Okay, so obviously the investors, Wall Street, are hearing higher longer and they don't

1:28.8

typically like higher longer.

1:30.7

But towards the end of the week we got some interesting data that caused Treasury

...

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