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Motley Fool Hidden Gems Investing

Motley Fool Money: 02.08.2013

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 8 February 2013

⏱️ 39 minutes

🧾️ Download transcript

Summary

Hedge fund manager David Einhorn sues Apple. LinkedIn connects. And Dell goes private.  Our analysts discuss some of the week's big stories and talk about some stocks on their radar. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:09.0

From full global headquarters, this is Motley Full Money.

0:19.0

Welcome to Motley Full Money. Thanks for being here.

0:21.0

I'm your host, Crisell, and joining me in studio this week from Motley Full One, Jason Moser,

0:25.0

from Motley Full Income Investor, James Early, and from Million Dollar Portfolio, Mr. Ron Gross.

0:29.0

Good to see you guys.

0:31.0

We will break down the latest earnings from restaurant stocks, entertainment stocks, and more.

0:36.0

We've got the number one stock of the 1990s retiring from the public markets.

0:41.0

We'll dig into that. And as always, we've got a few stocks on our radar.

0:44.0

But we begin this week, once again, with the biggest public company of all, and that is Apple.

0:48.0

Head fund manager David Einhorn sued Apple in federal court this week,

0:53.0

saying management needs to do more to unlock shareholder value,

0:57.0

since Apple has more than 137 billion in cash on the balance sheet.

1:02.0

Einhorn is pushing for preferred shares of stock with a 4% dividend.

1:06.0

So I turn, of course, to our dividend guy, James Early.

1:09.0

You know, Einhorn's a guy with a good track record.

1:13.0

He owns a good chunk of Apple stock.

1:15.0

Does he have a valid point here? Or is this sort of saber rattling?

1:18.0

Well, saber rattling, but to a point.

1:21.0

I mean, the best thing, Cris, this is bringing everything to a head, like a hot rag on a zit.

1:26.0

This Apple does have too much cash. The lawsuit is a little bit weird.

1:30.0

You like that, don't you? The idea is that with these preferred shares,

...

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