Wake Me Up When September Ends
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 1 September 2022
⏱️ 19 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | I don't know about you, but the way stocks have been going lately, I'm kind of looking |
| 0:09.2 | forward to the market being closed next Monday. Motley Fool Monning starts now. |
| 0:13.9 | I'm Chris L. Joining me today, Motley Fool, Senior Analyst, Jason Moser. Thanks for being |
| 0:20.6 | here. Hey, hey. Happy September 1st. Well, Chris, I was going to say I'm so happy |
| 0:28.9 | that August is over. But in terms of the stock market, September 1st seems to be picking |
| 0:32.9 | up right where August left off. Well, it's conflicting, right? I mean, it is welcoming |
| 0:38.4 | in sort of the idea of fall and like the change in seasons. I love this time of year. But |
| 0:43.8 | yeah, I mean, it is worth noting is difficult as August concluded. Yes, September doesn't |
| 0:52.6 | have a very good track record when it comes to the market. And so it's reasonable at least |
| 0:58.4 | I think for investors to keep their expectations and check here. And it may be prepared for a |
| 1:05.1 | tough month ahead. Let's hope for the best. Let's try to be glass, Eiffel. Let's just |
| 1:09.1 | prepare ourselves for the possibility that the tough times maybe here for a little bit |
| 1:13.8 | longer. Let's try and be glass, Eiffel. Although I think that's going to be challenging, |
| 1:18.6 | given that the first thing we're going to talk about is Okta. Because Okta's second quarter |
| 1:23.4 | profits in revenue were higher than expected. They're guidance for the rest of the fiscal |
| 1:27.4 | year was in line with expectations. But shares of the identity management software company |
| 1:35.5 | are down a whopping 30%. Help me understand this. Management talked about the challenges |
| 1:42.1 | they're running into with the integration of the acquisition they made of Auth0. I get |
| 1:50.0 | that. 30%. That's a lot. I mean, this I don't want to just come out and say, well, this |
| 1:57.0 | is an overreaction, but it sure seems like one. Well, I could certainly understand that |
| 2:05.0 | sentiment based on the results and sort of the near term outlook that management quoted, |
| 2:12.6 | right? I mean, it was a good quarter. It was a respectable quarter. And at least in |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

