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Motley Fool Hidden Gems Investing

Soaring Stocks and EVTOLs

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 6 March 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

Target and Crowdstrike are flying after earnings, and in a few years you might be able to take off in an EVTOL.  (00:21) Asit Sharma and Dylan Lewis discuss: - Target finally finding its footing, and how the company is turning to loyalty programs for more growth. - Crowdstrike’s results showing enterprise spend on cybersecurity isn’t slowing down. - Bitcoin’s spot-ETF fueled rise to all-time highs. (16:53) Motley Fool Money’s Deidre Woollard talks with analyst Sanmeet Deo about the highly speculative, highly futuristic world of EVTOLs and personal air travel. Companies discussed: TGT, CRWD, BTC, JOBY, ACHR Host: Dylan Lewis Guests: Asit Sharma, Deidre Woollard, Sanmeet Deo Engineers: Rick Engdahl, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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