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Motley Fool Hidden Gems Investing

These Investments Fight Inflation

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 23 April 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

A primary reason to invest now? Have money to buy stuff decades later. The stock market can help you with that goal, but so can government bonds. At (00:21), we look at earnings from General Motors and Spotify. At (15:44), we cover the reasons that inflation is sticky, and what investors can do about it. Companies discussed: GM, SPOT, DAL, SGOV, Dividend report link: www.fool.com/2024dividends Host: Ricky Mulvey Guests: Bill Barker, Robert Brokamp, Alison Southwick Producer: Mary Long Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We've got an electric vehicle maker with some stumbles and self-driving on today's show and then

0:10.1

Tesla reports tomorrow.

0:11.7

You're listening to Motley Full Money.

0:13.4

I'm Ricky Mallby.

0:14.7

I'm Ricky Mulvey.

0:21.7

Joined today by Bill Barker.

0:23.4

Bill, thanks for being here.

0:24.9

Thanks for having me.

0:26.2

All right, first up, let's talk about General Motors.

0:28.6

I founded an interesting company to observe.

0:32.2

It reported today and its investors are pleased with the carmaker beating

0:36.3

top and bottom line guidance. I'll give you the menu of things that are going on and maybe you can

0:41.0

pick out what's interesting to you.

0:43.0

The sales of pickups for GM made up for a loss in China.

0:47.0

They're keeping car prices steady.

0:49.0

The CFO Paul Jacobson implied that they are moving toward profitability in selling EVs.

0:55.1

The CFO speak for this is quote, year over year improvements in variable profit in Ebit margins,

1:01.2

end quote.

1:02.4

And then another big story is that Cruz, their autonomous vehicle ambitions are coming back,

1:08.2

expected to relaunch after a bad accident in October, and that project is expected to cost 1.7 billion dollars this year.

1:16.1

Bill there's there's your menu what do you want to what do you want to select off the

1:19.6

menu of topics for our friends at General Motors? I guess that, you know, that there's a fair fight between pickups and the loss of business in China.

...

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