Soaring Stocks and EVTOLs
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 6 March 2024
⏱️ 33 minutes
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| 0:00.0 | Target's back on track on track and crowd strike hits all-time highs. |
| 0:08.6 | Motley Full Money starts now. I'm Dylan Lewis and I'm joined over the airwaves by |
| 0:13.5 | I'm Dylan Lewis and I'm joined over the airwaves by Motley Fool analyst |
| 0:24.0 | Ossit Sharma. |
| 0:25.2 | Ossit, thanks for joining me today. |
| 0:27.4 | Dylan, thanks for having me. |
| 0:29.2 | We've got stories of companies soaring today on earnings and in the sky with the future of |
| 0:33.6 | personal air travel. We're gonna start with the earnings results and we're gonna |
| 0:36.7 | start with a look at Target. Osset kind of an interesting quarterly report for |
| 0:41.3 | the company, Revenue Slid, comps were down, but results |
| 0:45.6 | were ahead of expectations and we saw a huge market reaction. Stocks up 15% |
| 0:50.4 | after reporting. Target's been working on some nice parts of their business, Dylan. |
| 0:54.3 | I really like that their cost of sales has been held in check for a while and it keeps decreasing. |
| 1:00.0 | So that way if you get just these small bumps on the top line, the revenues |
| 1:04.8 | increase like 1.7%, you can leverage that if you're watching your costs, the |
| 1:10.6 | cost of product and how you manage those costs before you get to your overhead |
| 1:15.7 | expenses which of course climbed a little bit but look profitability is up this |
| 1:20.0 | quarter operating income was 1.9 billion dollars versus 1.2 billion dollars in the |
| 1:25.5 | same period last year so investors like an earning story. Yeah and I think |
| 1:29.6 | probably something helping that top line and those margins inventory. It seems like the |
| 1:34.6 | company has gotten a lot better with managing its inventory, hasn't had to |
| 1:38.8 | resort to discounting quite as much. This is something that really plagued this |
... |
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