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Motley Fool Money

Why Did You Buy That Stock?

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 13 April 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

We asked the audience about recent stock purchases and they did not disappoint!

(00:21) Asit Sharma discusses:
- Delta Air Lines' 1st-quarter results
- Why Delta CEO Ed Bastian is not worried about consumer spending
- Highlights from Amazon CEO Andy Jassy's annual letter to shareholders

(12:29) What's a stock you've bought recently and why did you buy it? Ricky Mulvey and Jason Moser dig through some of what our listeners have been buying and discover companies with moats and one short of a teddy bear business.

Got a question about stocks?
Want to tell us about a stock you bought recently?
Email [email protected]

Companies discussed: DAL, AMZN, SCHW, OM, NKE, ASMLF, BOC, BBW

Host: Chris Hill
Guests: Asit Sharma, Jason Moser
Producer: Ricky Mulvey
Engineer: Dan Boyd

Transcript

Click on a timestamp to play from that location

0:00.0

We're taking a closer look at the stock some of you have been buying.

0:09.2

Motley Full Money starts now.

0:11.6

I'm Chris Hill joining me today at Motley Full Senior Analyst, Asa Charma.

0:24.6

Good to see you my friend.

0:26.0

Good to see you Chris.

0:27.6

I'm excited to be here as always.

0:30.1

Let's start with Delta Airlines shall we?

0:32.2

Delta posted a bigger loss in the first quarter than was expected.

0:38.6

CEO Ed Bastion next month is his seven year anniversary in the corner office at Delta

0:44.9

Airlines.

0:45.9

And I'm going to take him at his word when he says he is not worried about the potential

0:51.8

for lower consumer spending.

0:55.3

He said in an interview that air travel is something that the consumer is prioritizing.

1:00.7

They may be pulling back in other areas, but I don't see it in our credit card data and

1:04.6

I don't see it in our bookings.

1:08.3

And I believe him, but I wonder if I can't help but notice the tense he's using there.

1:15.8

It's a present tense.

1:16.8

I don't see it.

1:18.4

I wonder if six months from now he's going to be seeing it because I don't know how

1:24.6

much of it.

1:25.6

It really seems like in the background over the last six to eight months, one of the

1:30.7

narratives for the overall economy has been consumer spending data, credit card data

...

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