Silicon Valley vs. Wall Street
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 24 March 2015
⏱️ 17 minutes
🧾️ Download transcript
Summary
Google goes to Wall Street to find its next CFO. Is Silicon Valley offering better opportunities than Wall Street? Plus, McCormick serves up some spicy earnings, the biggest copper producer in the public markets takes a machete to its dividend and we look for investing opportunities in marijuana.
Transcript
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| 0:00.0 | It's Tuesday, March 24th. |
| 0:03.5 | Welcome to Market Fullery. |
| 0:04.7 | I'm Chris Hill joining me in studio today from a million dollar portfolio, Jason |
| 0:07.8 | Moser and from Stock Advisor Canada, Taylor Markerman. |
| 0:10.4 | Happy Tuesday, Jen. |
| 0:11.4 | Howdy, did it is? We've got some news, unlike yesterday where we stepped back from the news. |
| 0:16.8 | I thought that was a very enlightening podcast though yesterday. |
| 0:18.8 | It was a little bit of a different direction. |
| 0:19.8 | I mean, Chris, I think, did a wonderful job. |
| 0:21.8 | Yeah, he's a smart dude, and I really did want to talk about just those legal issues that are just sort of out there for investors. |
| 0:28.1 | Also the Hallinote story is just too funny to resist. |
| 0:33.0 | spoiler alerts. |
| 0:35.0 | But today, we've got a new executive for Google. |
| 0:38.6 | We've got the mother of all dividend cuts. We'll dip into the full mail bag, but let's start with some earnings from McCormick and Company. |
| 0:48.0 | First quarter profit and revenue, better than expected shares of the spice maker, up more than 5% today. You looked at this. |
| 0:57.0 | On balance, this looked like a pretty strong quarter. |
| 0:59.0 | Yeah, absolutely. I mean, you see, we've seen a lot here the past couple of quarters, maybe some concerns in regard to currency |
| 1:05.0 | effects, and so I mean currency effects, they can hamper a company's results in the short |
| 1:10.8 | run. |
| 1:11.8 | I think that when you look at investing the way we look at it with |
| 1:14.3 | much longer time horizons currency effects can actually you know provide if anything |
| 1:19.2 | opportunities maybe because the market is a bit more short-sighted where that's concerned. |
... |
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