meta_pixel
Tapesearch Logo
Log in
Motley Fool Hidden Gems Investing

When More is Not Better

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 9 October 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

Roku and Netflix rise on upgrades. AT&T prepares to sell DirecTV at a steep loss. Movie theater stocks AMC, Cinemark, and Cineworld tumble on news that Cineworld is closing all cinemas in the U.S. and U.K. IBM spins off its legacy business. AMD gets serious about acquiring chip maker Xilinx. Domino’s dips due to rising cheese costs. Software company Alteryx surges on a boost in guidance. Costco reports big sales numbers for September. And Apple and Amazon get primed for big events. Motley Fool analysts Ron Gross and Jason Moser discuss those stories and share two stocks on their radar: Equinix and EXP World Holdings. Plus, management consultant Roger Martin shares insights from his book, When More Is Not Better: Overcoming America’s Obsession with Economic Efficiency. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Everybody needs money. That's why they call it money.

0:07.0

From full global headquarters, this is Motley Fool Money. It's the Motley Fool Money

0:20.1

radio show. I'm Chris Hill joining me this week, Jason Moser and Ron Gross. Good to see

0:24.7

you as always, gentlemen. Hey, we've got the latest headlines from Wall Street. We will

0:29.3

preview next week's events from Apple and Amazon and as always, we've got a couple of

0:34.5

stocks on our radar. But we begin with the week in entertainment where the overall business

0:40.2

landscape had a rough week. Movie theater stocks down across the board after CineWorld

0:47.1

Group, the second largest chain in the world announced it is closing all of its theaters

0:52.0

in the US and the UK. Broadway extended its shutdowns through the end of May 2021.

0:59.3

AT&T is on the verge of selling direct TV for 70% less than it paid for it just five years

1:06.3

ago. Jason Moser, I'll start with you. I guess the silver lining in traditional entertainment

1:13.9

continues to be the streaming services. We saw Netflix and Roku both up this week after

1:19.8

getting upgrades from Wall Street analysts. But that's really just the silver lining.

1:25.2

Yeah, I mean, there's definitely not a lot to, yeah, not a lot to smile about here. I

1:30.2

mean, you're talking about 97,000 workers who rely on Broadway for their livelihood. You're

1:35.0

talking about 45,000 people impacted by the CineWorld closures. I mean, that is a lot of

1:43.0

employment. That is a lot of money that is a lot of economic output that is just going

1:49.6

to essentially disappear. And we don't know really when it's going to come back. The

1:55.2

really, the weird thing about the entertainment industry right now, and we talked about this

1:59.6

earlier in the week, you know, they've got a supply problem and a demand problem. I mean,

2:04.8

you don't have consumers frequenting the theaters or Broadway for obvious reasons. Most, most

2:11.2

everything is shut down. But even for areas that are not closed for theaters that are still

...

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.