MarketFoolery: 04.19.2011
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 19 April 2011
⏱️ 10 minutes
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Summary
Johnson & Johnson reports better-than-expected earnings. Wal-Mart makes a big acquisition. And McDonald's defends the Happy Meal.
Transcript
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| 0:00.0 | It's Tuesday, April 19th, and this is Market Fullery. |
| 0:04.8 | Matt Greer sitting in for Chris Hill this week, joined by Bill Barker for Motley |
| 0:08.2 | Full Asset Management, Andy Cross from Motley Full Stock Advisor, and James Early |
| 0:12.3 | from Motley Full Income Advisor and James Early from Motley Full Income Investor. |
| 0:14.0 | Guys welcome. |
| 0:15.0 | Hi Mack. Are you ready to bring it? |
| 0:17.0 | We think so. |
| 0:18.0 | No. |
| 0:19.0 | Fairly ready. |
| 0:20.0 | I don't know. |
| 0:21.0 | I don't know. I don't know. |
| 0:22.0 | Not very convincing. Okay okay we got Walmart going after |
| 0:24.7 | Amazon and we have McDonald's defending the honor of the happy meal so we'll |
| 0:28.6 | talk about those stories but let's start out with Johnson and Johnson's |
| 0:31.7 | first quarter earnings. |
| 0:33.0 | James Early, this is an income investor recommendation. |
| 0:36.3 | I know you're big on the stock. |
| 0:38.2 | Better than expected earnings, shares were up on the news. |
| 0:41.2 | It surprised me because lately when we've talked about |
| 0:43.4 | J&J we've talked a lot about recalls. What do you make of the earnings? |
| 0:46.7 | Well Mac this is great news obviously. Johnson and Johnson has been the |
| 0:49.7 | Tiger Woods of the stock market just desperate for some kind of positive news just |
... |
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