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Motley Fool Hidden Gems Investing

Your Most Important Moneymaking Asset

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 11 September 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

Peloton revs up on earnings. Chewy wavers. RH Holdings hits a new all-time high. Lululemon tumbles. Citigroup makes history with a new CEO. And investors refuse to cut Slack any slack. Motley Fool analysts Ron Gross and Jason Moser discuss those stories and weigh in on the latest from Kroger and Dave & Buster’s. Plus, our analysts share two stocks on their radar: Editas and Synaptics. And Motley Fool retirement expert Robert Brokamp talks portfolio allocation, dividend aristocrats, and how to grow your most important moneymaking asset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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

0:24.3

see you as always, gentlemen. Hey, you do this. We've got the latest headlines from Wall Street,

0:29.2

retirement expert Robert Brokecamp is our guest. And as always, we've got a couple of stocks

0:33.6

on our radar. But we begin with a few companies that fall under the heading of what I like to

0:39.2

call, trapped at home stocks. We're going to start with Peloton, shares of the exercise

0:45.6

equipment maker up more than 10% this week. After fourth quarter sales rose 172% earlier in

0:53.5

the week. Peloton announced changes to its product lineup. Jason, they are cutting the

0:58.1

price of their core exercise bike. They're adding a more expensive version. They're also adding

1:03.4

a cheaper treadmill. Yeah, I mean, this was, I mean, the really impressive quarter on a lot of

1:08.6

fronts. And I think a lot of us were at least a little bit skeptical when when Peloton first came

1:13.7

public. I mean, I know I was exercise. It's just kind of a difficult market to achieve some real

1:19.8

sustainability. But, but you know, let's also acknowledge at least here the role that luck for

1:25.0

lack of a better word is played in this. The pandemic has pulled forward a lot of business for

1:31.4

a number of companies, right? That's, you know, one of those little silver lining. So by no means am I

1:35.7

saying that the pandemic is a good thing, but there's no question that there are businesses out there

1:39.1

that are benefiting from it. And Peloton is clearly one. And I think they're actually doing a very

1:44.6

good job of taking that for two at its timing and then really running with a ball. I mean, if you

1:49.3

look at the numbers, 3.1 million total members now paid subscribers continues to grow at a

1:55.0

very impressive rate. Revenue is up 172%. I mean, you know, that's not it's not zoom, but but let's

2:00.7

let's, you know, let's give them some credit there, right? Retention rate of 92%. That means that

...

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