Sports Betting is the New Marijuana
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 3 September 2019
⏱️ 23 minutes
🧾️ Download transcript
Summary
Ulta Salon’s stock fell 30% in two days. Just how bad was that guidance, anyway?? Jason Moser analyzes Ulta’s drop and shares why he thinks the business is still in good shape. Once everyone’s gotten to a safe place, how should investors think about Hurricane Dorian? Plus, we discuss the rise of sports betting, potential winners in this young-ish industry, and the name of Jason’s fantasy football team.
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Transcript
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| 0:00.0 | This episode of Market Foolery is brought to you by NetSuite, the business |
| 0:03.6 | software that handles every aspect of your business in an easy-to-use cloud platform. |
| 0:09.2 | Download their free guide, seven key strategies to grow your profits today at net suite.com |
| 0:14.8 | slash fool. It's Tuesday September 3rd. Welcome to market foolery. I'm |
| 0:20.3 | Chris Hill joining me in studio, the one and only Jason Moser. |
| 0:24.0 | Happy September. |
| 0:25.0 | Yeah, man, I can't believe it is September. |
| 0:28.0 | That's pretty crazy, isn't it? |
| 0:29.0 | Now I check the calendar and everything. |
| 0:31.0 | It really is September. |
| 0:32.0 | Yeah, I mean, schools back back in session the kids are |
| 0:35.0 | already complaining about it wanting summer to come back I mean we're just in it is it is I like the change in seasons |
| 0:41.0 | I do enjoy fall it's it fall. It's a good time. |
| 0:44.8 | Yeah, Dunkin Donuts, breaking out those pumpkin spice munchkins. |
| 0:47.8 | I'm in favor of that. |
| 0:48.8 | Those are good. |
| 0:49.8 | We're going to talk sports betting. We're definitely going to talk about Hurricane Dorian. Let's start with something |
| 0:55.2 | that happened last Friday though. We got a bunch of email and tweets about this and this |
| 0:59.2 | is Ulta Salan and on Friday the stock fell 28%. |
| 1:04.8 | The second quarter results looked good. |
| 1:08.2 | They cut guidance for the full fiscal year and I'm wondering, was it that bad or was the stock just that expensive or was it |
| 1:17.5 | something else entirely? I think a fair combination of the two probably is the best answer there. |
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