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Motley Fool Money

Motley Fool Money: 06.27.2014

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 27 June 2014

⏱️ 39 minutes

🧾️ Download transcript

Summary

GoPro has a big debut. Nike hits a new high. Barnes & Noble spins off the Nook. And television networks score a big victory. Our analysts discuss those stories and share three stocks on their radar. Plus, CNBC's David Faber talks about the new CNBC documentary, Amazon Rising.


Transcript

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0:00.0

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

0:07.0

From full global headquarters, this is Motley Fool Money.

0:10.0

It's a Motley Fool Money radio show. I'm Chris Hill, joining me in studio this week from Motley Fool 1, Jason Moser,

0:24.0

from Motley Fool Pro and Options, Brian Hinman, and from Million Dollar Portfolio, Ron Gross. Good to see you, Jents.

0:30.0

I made you, Chris. We have got a hot IPO, a new gadget warming up, and one retail stock that's going cold.

0:36.0

We will talk with David Faber about CNBC's new Primetime documentary on Amazon.com.

0:41.0

And as always, we'll give you an inside look at the stocks on our radar.

0:44.0

But we begin this week with GoPro, the video camera that is popular with extreme sports fans.

0:50.0

GoPro went public on Thursday at $24 a share. And in the first two days of trading, shares rose more than 50%

0:58.0

Brian Hinman, what is going on?

1:01.0

GoPro Go Harrel, as we know it.

1:04.0

Seriously, is this that great a company that warrants a 50% jump in two days?

1:08.0

No.

1:09.0

That's...

1:11.0

Bottom line is, right now, this is a hardware company.

1:14.0

But investors are not paying 50% more today for a hardware company.

1:20.0

They're paying for what this company can become.

1:22.0

And we honestly don't know, and the company doesn't know exactly how it's going to get there.

1:27.0

Now, the plan is for GoPro to go from making these extreme sport cameras that allow you to film yourself doing things.

1:38.0

Turn themselves into a media company and then sell more cameras.

1:42.0

So the cycle is, convince people to buy cameras, distribute the videos that come off of those cameras in unique ways,

1:50.0

convincing people that they are famous or important, which then encourages other people who want to be famous and important to go buy GoPro cameras.

...

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