Surprisingly Strong Q1, Stocks To Watch, Bezos' Next Move

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 31 March 2023

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Nasdaq rose 17% in the 1st quarter, but we're not popping champagne just yet.

(0:21) Ron Gross and Matt Argersinger discuss:
- New inflation data and real estate concerns in Silicon Valley
- Why they're watching company margins and guidance updates over the next few weeks
- Disney shutting down its metaverse division
- Lululemon's (unsurprising) write-down of Mirror
- The latest from Walgreens, RH, and McCormick

(19:11) Brad Stone, head of Bloomberg's global tech coverage, weighs in on the state of affairs at Amazon, whether Jeff Bezos will return as CEO, and what to watch in the growing industry of AI and ChatGPT.

(32:40) Matt and Ron discuss Moderna's prospects, Pepsi's new logo, and share two stocks on their radar: ERP Properties and Wesco International.

To get your copy of our free report "Top Stocks For Rising Interest Rates" just go to fool.com/interest.

Stocks discussed: DIS, META, LULU, WBA, RH, MKC, AMZN, GOOG, MRNA, PEP, EPR, WCC

Host: Chris Hill
Guests: Ron Gross, Matt Argersinger, Brad Stone
Engineer: Dan Boyd

Transcript

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0:00.0	The first quarter of the investing year is in the books.
0:08.5	Motelful money starts now.
0:10.6	Everybody needs money. That's why they call it money.
0:37.1	This is Motelful money.
0:40.2	It's the Motelful money radio show.
0:41.8	I'm Chris Hill joining me in studio Motelful senior analyst Matt Argusinger and Ron
0:46.3	Gross. Good to see you both, gentlemen.
0:48.1	How you doing, Chris?
0:49.1	We got the latest headlines from Wall Street.
0:51.1	Brad Stone from Bloomberg is our guest and as always we got a couple of stocks on our radar.
0:55.9	But we begin with the big macro.
0:57.9	The latest inflation data.
0:59.5	The personal consumption expenditures price index.
1:03.7	Say that three times.
1:04.7	Yeah, I'm not thinking.
1:05.7	It showed an increase of 0.3% in February.
1:09.3	This is one more data point that the federal reserve is watching closely as they decide
1:14.1	whether to raise interest rates again or not.
1:17.4	This also coincided with the end of the first quarter of the year for investors.
1:22.1	The Dow basically flat year to date, S&P 500 up around 7%.
1:27.0	Nasdaq up around 17% Ron.
1:30.8	Coming into the year, if you told me that's where we'd be at this point, I think I would
	...

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