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Motley Fool Hidden Gems Investing

Motley Fool Money: 06.01.2012

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 1 June 2012

⏱️ 39 minutes

🧾️ Download transcript

Summary

Investors react to weaker-than-expected jobs numbers. NYC Mayor Michael Bloomberg attempts to crack down on sugary drinks. Samsung launches a big rival to the iPhone. And Amazon and Microsoft combine forces in the battle for the living room. Our analysts discuss those stories and share three stocks on their radar. Plus, we talk horse racing, betting, and investing with Daily Racing Form publisher and columnist Steven Crist. 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 Fool Money.

0:19.0

Welcome to Motley Fool Money. Thanks for being here. I'm your host, Chris Hill,

0:22.0

and joining me in studio this week from Motley Fool Income Investor, James Early,

0:26.0

and for Million Dollar Portfolio, Charlie Travers, and Ron Gross.

0:30.0

Gentlemen, good to see you as always. Good to see you, Chris.

0:32.0

We have got the latest on Amazon, BP, and more. With the Belmont Stakes just days away,

0:38.0

we've got Stephen Christ from the daily racing form with some tips on how to make money investing at the track.

0:44.0

And as always, we've got a few stocks on our radar, but we begin with the big macro.

0:49.0

And guys, I think it's fair to say the big macro is a little ugly this week.

0:52.0

The little macro. Yeah. The Friday jobs report on employment rose to 8.2%.

0:58.0

Ron, just 69,000 new jobs added in May. What do you think?

1:04.0

Much worse than expected. I'm pessimistic again, unfortunately.

1:08.0

The only bright spot is that more workers entered the labor force.

1:11.0

Once again, again, looking for work. Unfortunately, the jobs don't happen to be there,

1:16.0

so things are not good. Well, if we have to find a silver lining, that's where we'll look.

1:21.0

James, what do you think?

1:23.0

This is better than nothing. I expected worse. Truth be told, I think these job numbers, though,

1:27.0

are going to be more important as we head towards the election, because people are just going to be watching this more.

1:32.0

So, you know, we've had kind of up and down, up and down. This is a little bit down.

1:36.0

It's still not enough to make a trend out of. So the next two, I think, are going to matter even more.

1:40.0

Right. 1.9% is still growth. So we're not in a recessionary environment,

...

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