MarketFoolery: 08.11.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 11 August 2014
⏱️ 21 minutes
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Summary
Priceline rises on strong 2nd-quarter results. Amazon starts a brief fight with Disney. Plus, the guys share their business takeaways from recent trips to Portugal and the UK.
Transcript
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| 0:00.0 | It's Monday, August 11th. |
| 0:03.6 | Welcome to Market Fullery. |
| 0:04.8 | I'm Purcell joining me in studio today for Motley Fool Asset Management, Bill Barker, |
| 0:09.5 | and from Motley Fool Stock Advisor Canada Canada. Taylor Ruckerman. |
| 0:12.6 | Thanks for being here, Jents. |
| 0:13.8 | Thank you. |
| 0:14.8 | And welcome back as you were both traveling outside the United |
| 0:18.4 | Canada. |
| 0:19.5 | All the way back from Canada. |
| 0:21.0 | No. |
| 0:22.0 | No. I wish. Taylor was in Portugal and you were over in the UK and we will get to that. We will get to both of those in a moment, but we'll also talk about Amazon's latest fight that they have started and whether or not |
| 0:34.7 | there is wisdom there. But let's start with second quarter results for |
| 0:38.4 | Priceline. Revenue north of 2 billion profits up 32%. |
| 0:44.0 | The stock, however, only up slightly because of the guidance that they offered for the current quarter. |
| 0:52.0 | This seems like yet another company |
| 0:54.2 | that has been putting up great results for a long time. |
| 0:59.2 | And now the expectations, I don't want to say |
| 1:01.2 | the expectations are insane, Bill, but the expectations are certainly higher for price line |
| 1:06.9 | Yeah growing the top line at |
| 1:11.1 | 20 some percent-ish, does have very, very high expectations embedded in it. |
| 1:18.0 | And as you say, the guidance was something that made the stock week a little bit for the morning. It's up, it's up today. |
| 1:26.0 | It's up a couple of percentage points. |
... |
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