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Motley Fool Hidden Gems Investing

Gas, China, Food & Beverage Stocks

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 8 December 2022

⏱️ 24 minutes

🧾️ Download transcript

Summary

Inflation is one of the big stories of the year, but consumers are finally getting relief at the pump. (0:21) Asit Sharma discusses: - The price of gas being lower than it was a year ago - Ripple effects (positive and negative) from lower gas prices - China stocks getting a short-term boost from the prospects of Covid restrictions being relaxed (9:45) Ricky Mulvey joins Asit to take a closer look at which food and beverage trends are gaining (and losing) steam. Stocks mentioned: BILI, JD, BYND, KO, SAM, KR Holiday Music: Christmas (Baby Please Come Home) by Dropkick Murphys Host: Chris Hill Guests: Asit Sharma Producer: Ricky Mulvey Engineer: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We're digging into food and beverage investments, so if you're hungry or thirsty, you're in

0:09.9

the right place.

0:10.9

Motleyful Money starts now.

0:13.3

I'm Chris Hill, joining me today, Motleyful Senior Analyst, Otsits Sharma.

0:19.7

Thanks for being here.

0:20.7

Chris, I appreciate you having me.

0:24.5

I think it's fair to say that inflation has been one of, if not the top big macro stories

0:32.3

of 2022.

0:34.3

And yet it seems like we're ending the year on a positive note in this regard.

0:38.7

The price of a gallon of gasoline is now lower than it was a year ago.

0:44.8

Now obviously between last December and right now, it's spiked to more than $5 a gallon.

0:50.3

But today, the national average is $3.33 for a gallon of gas.

0:58.6

And there are some who think, slash, expect it can go below $3 a gallon in early 2023.

1:09.3

When you think about something like this, whether it goes below $3 a gallon or not, just

1:15.7

lower price of gas as an investor, what do you think in terms of ripple effects of this?

1:21.4

Well Chris, I think there's good and bad when I look at where gas prices are going.

1:27.7

And I want to focus on the good, first of all, because there is something tremendously

1:32.4

positive in this and that there's relief for consumers.

1:36.2

So much of our economy depends on people getting into their cars and driving, whether you

1:42.0

are a blue collar executive or you're someone who works in a manufacturing plant.

1:49.5

We all notice the gas price when it's going up.

1:52.5

And for some of us, it really impacts our ability to make ends meet.

...

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