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Motley Fool Hidden Gems Investing

The Overlooked, Obscure, and... Undervalued?

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 31 October 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

If you want to find market-beating stocks, sometimes you have to go where few others are. (00:15) Jim Gillies and Ricky Mulvey discuss: - Why the market may be overreacting to Boot Barn’s CEO departure. - A niche-grocer that’s seen its stock 2x in the past year. - Finding “growth at a reasonable price.” Then, (16:44) Larry the Werewolf joins Ricky to take a look at Hershey and offer up his top three favorite candies for Halloween. Companies discussed: BOOT, SFM, AER, HSY Host: Ricky Mulvey Guests: Jim Gillies, Larry the Werewolf Producer: Mary Long Engineers: Rick Engdahl, Austin Morgan Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We've got a misunderstanding and an overreaction. No, we're not gaslighting you. You're listening

0:10.3

to Motley Full Money. I'm Ricky Mulvey joined today by award-winning podcaster Jim Gillies.

0:18.0

How you doing?

0:19.0

I'm not sure I'm award-winning.

0:20.0

Well, I'm part of a very large collective, I guess.

0:23.6

We're going to add this to everyone's email signatures.

0:26.4

Fantastic.

0:27.6

But I wanted to talk to you today, mainly because I hadn't talked to you in a while.

0:31.1

And it is Big Tech Earn earnings week. We had Meta, we had Microsoft

0:36.4

we could talk about. You're making me look at earnings from boot retailers and

0:39.8

airplane leasing companies. Why sir? Why?

0:43.0

Because I'm not a I'm not the world's biggest tech guy. I don't know if you've known noticed that. I will say I've got lots of exposure. I've got about 40% of my family's money in in index funds

0:56.2

and of course the magnificent seven have really been driving the main index so but you know my take on it is look

1:05.9

I'm going to add precisely nothing to the conversation about Microsoft or Meta or pick pick your large tech company because

1:10.9

there's so many eyes staring at those types of companies.

1:14.8

I'm going to, my incremental contribution is going to be negligible at best.

1:20.4

But where I believe I can add value is in the small the obscure the unloved the misunderstood

1:26.6

Hence the tickers I threw at you today perhaps perhaps some Halloween theme obscure spooky spooky, misunderstood.

1:33.1

Let's go to the barn.

1:34.2

Western retailer called Boot Barn

1:36.5

with more than 400 stores.

1:38.6

Announced pretty solid, quarter two earnings.

...

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