MarketFoolery: 09.20.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 20 September 2012
⏱️ 16 minutes
🧾️ Download transcript
Summary
Our analysts discuss two stocks that are undervalued, two stocks that are overvalued, and two stocks that have been overlooked.
Transcript
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| 0:00.0 | It's Thursday, September 20th. |
| 0:04.0 | Welcome to Market Fullry. |
| 0:05.0 | I'm Chris Helen joining me in studio today. |
| 0:07.0 | From Motley Full 1, Jason Moser and from Motley Full Inside Value, |
| 0:10.0 | Joe Maker. |
| 0:11.0 | Happy Thursday, guys. |
| 0:12.0 | Happy Thursday, guys. Happy Thursday, guys. We're going to wrap up the week with a round of undervalued, overvalued, and overlooked, |
| 0:18.0 | and we will start of course with the undervalued stocks. |
| 0:21.0 | Joe, what do you got? What's on your radar that's an undervalued stocks. Joe what do you got what's on your radar that's an |
| 0:23.2 | undervalued stock? TD Ameritrade it's a company that I'm assuming a lot of |
| 0:27.1 | investors are familiar with they've got some of my money yeah well they got a |
| 0:30.9 | lot of clients about 5.7 million accounts. |
| 0:34.0 | 5,000 registered investment advisors use these guys and it's a very sticky business once you |
| 0:39.5 | are with the brokerage odds are you aren't likely to leave and these guys make money when you make a trade but they also make money on the funds that you have to sit in their idols so on fees and they collect a rip on the amount from funds that you have in money markets. So that is kind of a |
| 0:56.8 | latent base of revenue that hasn't done much for them lately because interest rates |
| 1:01.0 | are so low. Big picture when rates go higher, they're going to make a lot more on top of that. |
| 1:06.5 | And right now I think trading volume is near a cyclical low and interest rates certainly couldn't get much closer to zero. |
| 1:15.0 | Maybe Japan could convince me otherwise, but they're pretty low and I think realistically |
| 1:19.6 | they're going to go a lot higher. |
| 1:21.1 | So in both cases, I think you'll see a rebound in commission revenue and |
| 1:24.4 | on fee-related revenue and you will get the valuation right now and there's definitely |
| 1:28.5 | not a premium for either of those baked in the stock price. |
... |
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