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MarketFoolery

The 130-Year-Old Growth Stock?

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 10 January 2018

⏱️ 20 minutes

🧾️ Download transcript

Summary

Shares of Eastman Kodak soar after the company announces a cryptocurrency for photographers. Warren Buffett moves closer to a successor. And Domino’s CEO announces plans to step down. Matt Argersinger and Jason Moser discuss those stories and weigh in on reports that Facebook is getting into the home device market.

Thanks to Casper for supporting MarketFoolery. Save $50 on select mattresses at http://www.casper.com/fool and use the promo code “fool”.

Transcript

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0:00.0

This episode of Market Foolery is brought to you by Casper, a sleep brand that continues to revolutionize its line of products to create an exceptionally comfortable sleep experience one night at a time.

0:10.5

Get $50 off select mattresses by visiting Casper.com slash fool and using promo code

0:16.6

fool at checkout.

0:20.3

It's Wednesday, January 10th.

0:21.9

Welcome to Market Fulroy.

0:23.2

I'm Matt Greer, and joining me in studio,

0:25.2

we have Matt Arger Singer and Jason Moser

0:27.8

from the Motley Fool's Million Dollar portfolio.

0:30.6

Gentlemen, welcome.

0:31.6

Hey, I love, can I just just say I love when you say a million dollar portfolio?

0:35.9

When you say it, it just sounds so good.

0:38.9

But true or false, you say that to all the hosts.

0:40.9

No, no, I don't, Mac.

0:41.9

You say it better than... Is that true? Let's not tell

0:43.9

Chris but I think you say it better. Okay. No, your secret is safe with me.

0:48.0

Okay, good. Okay, well guys on today's show we're gonna talk some Buffett, we're

0:52.3

gonna talk some pizza and we're going to talk some

0:54.7

Facebook. But we begin with our newest growth stock, 130 year old Eastman Kodak.

1:03.8

On Monday, shares of Kodak trading around $3.

1:07.1

Today, guys, shares trading around $10.

1:10.9

So what happened in between?

1:18.0

CODAC says it has used blockchain technology to create a new digital photography platform called Kodak coin, which Jason is essentially a cryptocurrency for photographers. What do you think?

...

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