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Motley Fool Hidden Gems Investing

Retail Surprises and the Future of Video Games

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 20 November 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

Walmart delivers big online sales. Target and Williams-Sonoma hit all-time highs. Home Depot and Lowe’s fall on earnings. Amazon gets into the pharmacy business. And Radio Shack returns! Motley Fool analysts Andy Cross and Jason Moser discuss those stories and weigh in on the latest from Intuit, Workday, Goldman Sachs, and Zaxby’s. Plus, Andy and Jason share two investment ideas on their radar: Cerence and Roblox. And Loup Ventures managing partners Gene Munster and Doug Clinton take stock in the future of video games and talk Apple, Google, and Microsoft. To get 40% off our Everlasting Portfolio service, go to Fool.com/EP 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.

0:07.0

From full global headquarters, this is Motley Fool Money.

0:19.0

It's the Motley Fool Money Radio Show. I'm Chris Hill joining me this week.

0:22.0

Senior Inlet's Andy Cross, M. Jason Moser. Good to see you.

0:25.0

It's always gentleman. Hey Chris. Hey.

0:27.0

We've got the latest headlines from Wall Street. We're going to dig into the video gaming industry.

0:31.0

And of course, we have a couple of stocks on our radar.

0:34.0

But we begin with some of the biggest retailers in America.

0:38.0

We'll start with Walmart, which heads into the holiday season with momentum.

0:42.0

Digital sales in the third quarter rose 79%.

0:46.0

And Jason shares a Walmart hitting a new high this week.

0:50.0

Yeah. Yeah. I mean, it's no target.

0:52.0

But hey, I mean, they did okay. They did okay.

0:55.0

I mean, really, hats off to Doug McMillan and the team there at Walmart.

0:59.0

For I think continuing to invest in Walmart's digital business and not just sitting still, right?

1:04.0

I mean, they really are. They really are moving.

1:06.0

And I think we're seeing a lot of a lot of great results because of that.

1:09.0

And I think another thing that we're seeing today, we've always talk about the Amazon threat and e-commerce.

1:16.0

But really, I think what we're seeing, it's all about being omnichannel.

1:19.0

I mean, we see that we're bandied about a good bit.

1:22.0

But really, I think it matters because if you're that retailer that can have the physical presence along with the digital expertise,

1:30.0

you can do so much more.

...

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