Retail & AI Stocks
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 15 August 2019
⏱️ 17 minutes
🧾️ Download transcript
Summary
Walmart’s stock rises after a good/very good 2nd-quarter report. Seth Jayson analyzes the role of groceries in the retail giant’s success. Tapestry (aka, parent company of Coach and Kate Spade) shares fall 20% after a bad 4th quarter and disappointing guidance. Plus, we discuss Wednesday’s live Q&A on YouTube, complete with stock ideas for anyone looking to invest in artificial intelligence or augmented reality.
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Transcript
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| 0:00.0 | It's Thursday August 15th. |
| 0:03.6 | Welcome to Market Fullry. |
| 0:05.0 | I'm Chris Hill joining me in studio. |
| 0:07.0 | Seth Jason in the house. |
| 0:08.6 | Thanks for being here. |
| 0:09.6 | You're welcome. |
| 0:10.6 | I should be out watching the ticker tape coming out of those clattery |
| 0:13.7 | dealy things that we have under glass like a roast pheasant that show us what stocks |
| 0:18.7 | are doing because it's up and down. While we're in here we don't know whether we should be panicking or |
| 0:25.0 | or wearing monocles and top hats. |
| 0:27.0 | We can do, can't we do both? |
| 0:30.0 | Can we do both? We're gonna talk retail today. |
| 0:32.0 | We're also gonna talk retail today. We're also going to talk a little bit of artificial intelligence |
| 0:36.0 | since you and I and Jason Moser had, I thought, I had a very, I had a good time on YouTube yesterday. |
| 0:44.6 | We talked about an AI yesterday. |
| 0:46.6 | Yeah. |
| 0:47.6 | I would like to purchase an AI. |
| 0:48.6 | Yeah, you can go into stores and buy one. |
| 0:51.5 | Speaking of buying stuff, let's start with Walmart second quarter same store |
| 0:56.7 | sales up nearly 3% this is the quarterly reminder that Walmart sells a ton of stuff. A hundred thirty billion |
| 1:06.6 | dollars in revenue in this quarter for Walmart. Yeah everyone including investors I guess the stock was up 5% or something when I looked, near an all-time high, I guess, still. |
| 1:19.0 | Pretty excited about this. |
... |
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