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MarketFoolery

MarketFoolery: 11.15.2011

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 15 November 2011

⏱️ 20 minutes

🧾️ Download transcript

Summary

Our analysts discuss two stocks that are undervalued, two stocks that are overvalued, and two financial stories that have been overlooked.

Transcript

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0:00.0

It's Tuesday, November 15th, and this is Market Foolery.

0:05.0

I'm Chris Ellen.

0:06.0

Joining me in studio today from Motley Fool Inside Value Showmaker, and for Motley

0:08.9

Fool Asset Management, Bill Barker.

0:10.8

Gentlemen, good to see you.

0:12.4

How we are going to step back from the day. Bill Barker. Gentlemen, good to see you. Thanks, Chris.

0:14.0

We are going to step back from the day's news for a round of undervalued, overvalued, and overlooked.

0:21.0

We've done this before with a slightly different name, but basically it's a chance to talk about a couple of stocks you think are undervalued, a couple that are overvalued, and then a couple of stories that the financial media might be overlooking and what it could mean for investors.

0:34.3

Joe Meager, I'm going to start with you.

0:35.8

You're undervalued stock.

0:37.2

What do you got?

0:38.2

I got Home Depot, which actually reported today,

0:40.4

and they had some great results, as they have been for a while. I think this 10 straight quarter

0:44.8

where they beat lows on comps. And really the way they did it was just getting back to basics.

0:50.5

Bob Nardelli led them completely astray in many respects, but they re-centered around...

0:55.8

He had a talent for that. He really did. And I'm sure that some sucker firm will end up hiring

1:01.0

him again. I wonder who it'll be a great father.

1:03.8

This is the former CEO who got some astronomical severance package, right?

1:08.5

Yes, yes. What actually did him in at the end, and it's the funniest thing he didn't show up to the

1:15.0

shareholders meeting and then he didn't take questions and that was somehow just like the

1:20.5

tipping point it wasn't that he'd crush the company or completely screwed it up or his severance. But anyway, Frank Blake and team has done a great job of re-centering around customer service and being a retailer and as simple as that sounds that

1:34.8

was enough to really boost comps, boost margins and stocks done really well and I

...

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