Spring Cleaning 2019
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 19 April 2019
⏱️ 40 minutes
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| 0:00.0 | Thanks to LinkedIn for sporting this week's Motley Fool Money, LinkedIn Jobs makes it easy to get matched with quality candidates who make the most sense for your role. |
| 0:08.0 | Post a job today at LinkedIn.com slash Fool and get $50 off your first job post. |
| 0:15.0 | Everybody needs money. That's why they call it money. |
| 0:21.0 | From Fool Global headquarters, this is Motley Fool Money. |
| 0:32.0 | It's the Motley Fool Money Radio Show. I'm Chris Hill joining me in studio this week. |
| 0:36.0 | Senior analyst Jason Moser, Andy Cross and Ron Gross. Good to see you as always gentlemen. |
| 0:40.0 | Hey Chris. It's Spring Break. We're coming to you from Cancun, Mexico. |
| 0:46.0 | Not really, but we are taking advantage of Spring Break to bring you our spring cleaning specials. |
| 0:52.0 | So before we get into individual stocks, Ron Gross, let's go broad for a minute. |
| 0:57.0 | 2019 so far, what's been the biggest surprise for you? |
| 1:00.0 | For me, it is the S&P 500 performance after a disastrous, and I mean disastrous, December. |
| 1:08.0 | First quarter, S&P 500 total return index, which includes dividends, up almost 14%. |
| 1:14.0 | The best quarterly performance since the second quarter of 2009, and the biggest gain in the first quarter since 1998, |
| 1:22.0 | I didn't didn't expect it, but I'm happy to say it. |
| 1:25.0 | Jason? |
| 1:26.0 | Yeah, I guess I'm going to go actually individual stock here. |
| 1:29.0 | To me, I really was surprised at the reaction to stamps.com. |
| 1:35.0 | The shares, when they announced that they were going to be ending their exclusive relationship with the United States Postal Service. |
| 1:41.0 | And I think the reason why, maybe I'm not as surprised about the reaction, but really when you dig into it, |
| 1:47.0 | I'm really surprised at how badly management repurchase shares over the past couple of years, |
| 1:52.0 | because they spent in 2017 about $135 million in share repurchases, and a little bit more than that in 2018, |
| 2:00.0 | when the share price was $250, and now you're looking at a share price of around $78, $79, after that news was announced. |
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