Friday Nov. 29, 2024
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He's been seen on C, N, B, C, the fox news, jem and the fox. His articles can be found on market, seeking out of the street deck come and many other places. He's the author of the weekly best stocks now newsletter of best, these president of gunterson capital management here is professional money manager.

And and walk to the friday through the coma addition of the best talks now show with professional money manager bill gunterson, president of gunterson capital magazine. I'm rested up ready for a new day of trading and we are off to a fairly good start here ah in the market so far. Uh, right now we've got the dow up.

Let's see the dow is up thirty two basis points or one hundred and thirty nine points. The and accused catch did here right now. The nas deck right now is a hutter nate pots, uh, that's a sixty basis point rise in the national dex so far.

Uh, the U S M P five hundred is up twenty five points, that is forty one basis points to the upside. The Russell two thousand small cap index of seventeen, that's a seventy basis point rise today. Meanwhile, the bond market, wow, the ten years cleared down the four point one nine.

We have not seen that in a long time, were cleared down to four point one nine on the ten year this year and something else we haven't seen, uh, well, we're getting there almost at a new all time high on the um uh bitcoin. Bitcoin is up right now a seventeen two thousand seven hundred there goes the rally and bit going to ninety eight thousand one hundred and forty six. So welcome to today's best stocks now show I am broadcasting today from a remote location on this food come a friday.

Well, the food come was worn off. Uh, yeah, stern afternoon till late afternoon, IT was IT was wearing heavily on my mind. But we had a very nice a thank you take. First time i've been my life, we didn't cook. My wife and I actually went to a buffet, and all you can eat buffet, no, this is to do no leftovers, all the sushi you could eat, turkey, uh, raw oysters, A E N O prime marry.

So anyways, IT was a very nice thanksgiving, and we're off to a very good start in the market today after kind of a shy, soggy wednesday h which saw the market cell off, but we are at or near all time highs across the board in all three indexes. IT was the tech stocks that were under pressure on wednesday. And today, we've got a nice bounce in the tech stocks with the nastec up over one hundred points.

We had that P, C, E, inflation number come in on wednesday before we went on vacation. The P, C, E number IT was in line, but still a little hot. I think a headline P, C E inflation was two point eight percent year over year, uh, which was up uh from two point seven percent uh, in september, which is a little bit concerning uh, and definitely is going to weigh on future rate cuts whether or not will give in.

I think there's one more yeah one more set meeting between now and the end of the year. And I don't know what the odds are right now, but I think was favouring a twenty five point rate cut in the last meeting of the year. This is the last trading day of november, and we will enter the last four weeks of next year.

But when we come back to work on a monday, the initial jobless claims a fell more than expected on wednesday. Uh, we are a starting off a new month and looks like we'll be starting off a new year with the continued strong jobs market. Uh, if anything, I still see a labor shortage round, uh, at various places.

Hard to get party quality help. I have, I have a hard time get quality. That time I have a very good crew here.

Gunterson capital management. Uh, we had G D P growth on wednesday. IT was up two point eight percent. Uh, so we're beginning clubs going to uh get a pretty good start.

I mean, the economy is still ah is not growing, but it's still strong and IT looks like we're going to have continued growth and earnings at least for now. Uh, and i'll be updating that are those numbers in my news letter, which i'll be doing tomorrow, just like any other weekend i'll be up doing. I'll be um updating my macro outlook and I saw a target Price today will get to that in a bit uh, for next year of seven thousand.

Seven thousand. That is the new record high target Price for next year. I'm all for IT.

I mean, people like to see seven thousand next year. Yes, let's do IT. IT was from one of the big firms out there.

I wanted say maybe a doy to bank. I don't know. We'll get to that in a bit. Uh, we had some disasters on this past week. Uh, big disaster. Um um uh, I would say cold was the biggest one that's worried and there a cos uh, question or not a whether or not I can survive that bike and have a squshy earnings report on the wednesday. Dell had a terrible earnings report on that was down twenty twelve percent.

And hula packwood, which has just been can't somebody come in there are some kind of turn around that i'll take over that company, get IT moving in the right direction again. He a packer, down twelve percent after disappointing quarterly sales. Auto desk was down nine percent, not good.

Nord stream down eight and half percent as we continue to see a lot of changes, uh, you know across the the the the landscape of tech and across the landscape of the consumer and retail here in art and three and around the world. Uh, let's see what else. We've got some some oil news here, uh, coming in here today is black friday.

We ve forgot about that. You exclude gom up friday is also like friday. I searched this morning person the outside of the singing that really jumped off at me.

And in fact, some of the purchase design made this past with we're already under black friday pricing. So uh but IT is expected to be A A big day today um of retail biggest day of the year. I think the stock market was closed down early today at one P M.

The blood markets will close the one hour later, uh, and then will come back and, uh and start a new month on, on, on, on, on monday. The consumer directionally index has had a pretty good year. What are some of the leaders? Deckers outdoors had another good year.

The cruse industry is had a really good year. Royal carribean, a wall mart continues to hit new hires. So these are the companies that are on the right side of that retail street.

Costa s been hitting new high ah but then you've got target and coals and others that are really, really struggling. So what we're running at about three point three percent inflation, the euro area running at about two point three percent. We still have some of the hottest st.

inflation. Now it's not nine or ten percent anymore, but is still running at over three percent, which is above the first target. And IT continue to be some of the highest inflation in the world. You go to france, it's one point three percent right now. But where we have Better uh G D P growth Frances, G D P growth zero point four percent and of course you've got europe, everything uh for uh the trump terabits.

Uh 我 去 already uh you know put a twenty five percent on canada， the border uh countries and on mexico twenty five percent terror and of course the new leader of uh mexico, which is a woman is vowing to fight back. She's not just going to take IT uh SHE blames uh the time he blames amErica for the drug problem on the border. SHE says we've been arming in the drug car tels, whether the two or not at her claim and they're having to deal with IT and also are appetite in amErica the day and four and all another drugs is feeling, uh, the smuggling of drugs uh, into our country.

So he takes a little different steps. Well, IT not mexico goes falt it's america's fall. Well, I don't know I like this idea or not, but you know, remember when the fifties and sixties you could rock around the clock, now they want to trade around the clock.

And this is a um an effort by Steve coin billion or Steve coin in new york match uh wanting a twenty four hour exchange and the york stocks exchanged in deck. They are watching very closely as the S C. Approved the first U.

S. Stock exchange that would Operate in most hours of every weekday. I me, where would you accept the closing Price for the day? I guess they were still go by the old rules.

Now you can rock around the block and you can play around the flock, coming soon to an exchange. Get you. Do we have back of, what about the seven thousand point? Of will be right back.

And walking back here to the second quarter, today's best shot now show and yes, IT is a doc bank. Doc bank is seven thousand for the S P. Five hundred by twenty twenty five at thirteen months from now.

Now the consensus is more in the sixty five hundred and sixty six hundred range cause all kinds of macro o events. There's all kinds of economic events that can occur between now and then to change that. But based on what we know what they know today, they're calling for seven thousand.

And I was just looking at their math on that because it's that's pretty lovely. They see sixteen point five percent upside from the current level. They see steady road bus momentum continuing in the twenty twenty five.

They think that E, P, S, growth will be in the low double digits, which is pretty much the consensus the market. The S N P five hundred is looking for about twelve percent growth and earnings next year versus this year. They've got next year, A E P S estimated two hundred and eighty two dollars per share.

But that in perspective, we were at sixty dollars per share back and back in o nine marto o nine. So earnings have grown since o nine from sixty dollars to two eighty two. And they have an upper end of that saying that they could see the S M P five other E P, S get to two ninety five next year.

I don't see that what they do and i'm all for maybe they see something I don't know. Earnings group could rise seventeen percent to two ninety five by next year. Ah this year we're going to do about two hundred and forty five somewhere in there.

Uh, record earnings this year, record learnings next year. But I was looking at the math on that, they've got to use a multiple on that high end of about twenty four x when the long term, uh average multiple of the S M P. Five hundred is moved in more in the eighteen.

So using a very premium multiple and some of the highest earnings expectations on the street out there to come up with the seven thousand dollar lar target Price of the first ones. That's the highest one, uh, that I have seen. Now one of the sectors that I been sending out charts on because, uh, it's been very weak, uh, is is the summit on ductor sector.

Now having said that, the some I conductor sectors having a good day today, it's up two point four five percent and there is an article out there that the new U. S. Chip curves on china could be coming soon. And that has probably been one of the main reasons that the uh the socks ware are the chip stocks to some might conduct stocks a bis off because china's a big market for memory and the AI chips but there's going to be more restrictions placed on the sale of chip equipment and A I memory chips to china. Uh, as the battle continues to deep and among the world, some I conduct your powers.

Uh now the bite administration, which is in a lame duck term here with about fifty five days to go something like that, they're going to roll out additional curbs next week according to wide, which would include controls on the sale of high bandwidth mory, which is H B M, uh, which that would be a micron and hitachi. And companies like that, a typ icici, used in high performance G P ur or customized A I chips, in fact, that they're part of that are those invidia chips. And entity list of around two hundred chinese companies is also being drawn up.

IT would require the firms to obtain, obtain special licenses to supply them with U. S. Software or product.

Dozens of chinese companies and several chip manufacturing plants may additionally face sanctions and restrictions. And of course, china is firmly opposed to this. But IT doesn't look like a they're going to have a choice.

Uh, we're trying to keep that high tech away um out of china's hands. And that has been uh that has been affecting uh, the chip sector here recently. We we curtly on one chip stock and uh you can probably guess which one that is uh oh PC.

Well, so we're going to cancell their meeting in december. I think they need a little more guidance, a little more you know, answers to the truth administration and how much uh, drill baby girl, i've read various articles on this subject. Uh, some have said that, uh, we are going to amp up uh, our production here in america, uh, which OPEC would obviously not like.

That means they would keep their production uh, at a lower level because the demand is just not there owners plenty of demand, but it's not like it's red hot demand and uh IT looks like oil gna kind of remain in the seventy to eighty dollar area uh and uh OPEC totally campus their meeting for december ah wanting to get more a little more color, asked to what the trump administration of course, our new energy secretary is the C E. O of liberty energy, one of the biggest tractors uh in america. Xy down in that texas premium uh based area.

Well, the the social media stocks have also been kind of stock here recently. Obviously google uh is underwater uh, for being a monopoly. The U.

S. Government is coming after them that looks like microsoft is next. Uh these are all actions that are being taken by the um the um by administration in the last few months of his presidency.

Uh that has been pretty soft here recently Snapchat eeta ah what will they do with tiktok? Will trump band tiktok or let IT continue? Well, australia has taken a drastic measure.

Australia passed a social media ban for kids under sixteen years old. Uh, there will be some exceptions. But, uh, you've got youtube, google, a matter facebook, you've got a tiktok, uh, all of these being banned.

Now I don't know how they're going to enforce IT. They're coming up with some kind of platform that will check your age before you can log in. Um the the australian government is trialing an age vacation system to determine how best to enforce the social media plan.

I'm not a big fan of social media for kids. A social media fan for adults. Yes, there's a good stuff on there, but I think there's a lot of bad that comes a lot with social media and I think IT should be used stringing that's my own opinion on social media.

Uh, okay, here's you're weird stock of the day. I'm going to save this for when we come back. This stock is skyrocket.

It's a drive stock. Okay, why is this diocles IT named Donald truck jr, a member of the company's advisory board. We will take the about dance one and we come back. This is bill, Better soon, if the best box. Now, joe.

This is bk. Anderson. Thank you for tuning to today's best stocks. Now best inverse funds now show. I put several hours of research in during the wee hours of the morning each day to bring you the very best cutting its stories that I can to get two, three weeks in my news letter.

Go to gunterson capital dot com to talk to us about our fee based only money management services. Call us at eight, five, five, six, eleven and best. Now back to the second half of the show.

And what can look back .

second half .

of today's best stocks now show, well, here's the stocks i'd never heard of until this sorting. Uh, useful machines. Is the name of the stock of the name there? Unusual machines? Okay, what's the symbol you make?

U M, A C. Its headquartered in the drone capital of the world, orlando, florida, of all places. Uh, it's a really small company.

okay? It's one hundred and thirteen million dollars in market cap that makes IT a microcap stock. Uh, they there a development stage company which engages in the provision of drone solutions.

Well, obviously, we've seen a huge increase in the use of drones in warfare well and you know you ve cut down on the casualties if you're on the attacking and because there's nobody flying those drones um on the other end, you're kind of at the mercy of your air defence systems uh, when they try to flood the zone with drones like russia has done to ukraine recently. Uh, iran tried IT on israel. IT didn't really work.

Try to twice and israel didn't work. But obviously drones, uh are going to continue to be a big part of a future. Uh defense and and rapidly unusual machines was up seventy percent on wednesday. It's up another forty percent today. Uh as um actually they make parts for grown.

They said the Donald trump junior, don junior has joined the company's advisor reboard um he said that the the C E O Allan Evans, uh, said that trumps connections would be helpful at securing certain government approvals. The wall street journal has previously reported that trump junior, who joined venture capital firms seventeen eighty nine capital as a partner earlier this month, would recuse himself from investment involving companies with government business. Okay, well, we'll see how that works out.

But truck juniors three hundred and thirty one thousand shares in the company, a large majority of drawn parts in the market are still made in china. And the C. E. O Evans, down in orland afd, a, told the wall street journal, uh, that trumps business connections would help the company and its push to meet demand for drone parts made elsewhere. So that is a unusual machine added to the APP today.

U M A C, uh, earlier this week, I added three quantum computing stocks uh, to the APP that were in play when amazon announced that they were making big investments, some quantum computing. So that's how I roll with the APP when I see something new. Uh, I added to the APP and IT takes a day or two to get a ranking and I will say that all three of those uh quantum computing stocks showed up uh in my top three hundred um once they were in the APP earlier this week.

The U. S. Spirits industry is urging trap to reconsider terrorists on canada and mexico. Well canada um exports or we import canadian spirits into our country. Uh canadian whisky uh for instance uh would be subject to a twenty five percent tariff.

H and obviously mexico has a pretty robust tea and and a beer business exporting business uh however, they will be subject to in retaliation for illegal immigration and the flood of fat now coming into the us. Through its northern and southern borders. Trust said he will introduce twenty five percent percent terms on goods and imported from canada.

unmechanical. O, on day one of this, my administration and the course, the new mexican president, cloudy, a shine bomb, warned that one tariff will follow with another in response and so on, until we put our common businesses at work. Mexican teela and canadian whisky can only be produced in their country of origin.

Imposing a terp on these efforts will not protect american jobs is the claim as neither can be produce in the U. S. Well, I think that we could call, I think we could produce our own.

I'm sure there's A U. S. To clean. I'm sure there's U S.

Uh, uh, wiki, a plenty of that around, but this is they plan to retaliate and the uh the the the U. S. Spirits industry is urging trump h to reconsider terrace. I don't think he's gonna back off.

So you've got stocks like Brown and form and conStellation brands pernet record uh L V M H, moet, hennessy, uh, rei, control, wanting a those terrifying to be refined doxil ity could have that from R F K leading A J S. Well, one of the a, one of the areas that uh Kennedy, uh, R F K wants to go after are all the commercials, the direct to consumer drug advertising. You know know you can even get through.

You try to watch the news and if it's not the the guy sell in pelle ws h out of your medicine cabinet, uh it's, uh you know these drugs with the fancy names that they dream up and they help make your life just beautiful and then they go through all the possible side effects and, uh makes you kind of not even want to think about taking the drug, you know. But anyways, R, F, K, he wants to cut back direct to consumer drug advertising. Well, a company called D O C S, they advertise through a different network ah they advertise through the position network, relative positions instead of directly to the consumers.

The stock has been very strong recently. They offer a cloud based platform for medical professionals and physician ans with tools across fifty states, and the stocks been hitting new all time highs. They are out of the bay area.

Uh, one that i've kind of had on my radar is a ten billion dollar company. Uh, their most recent quarter, their cells were up twenty percent. The earnings are up thirty six percent.

So keep her iron D O C S dogs, which says at all that to the market drugs to, on behalf of the big drug companies. Microsoft ly, after ftc launch and anti trust investigation. You know, this seems to be favors that biden is doing in the last the last than two months of his administration or eliza.

But warn has been wanting uh the by administration to go after these companies for quite some time. Uh you've got google now uh with the um ftc going after them and now you've got uh which obviously bubbles all of their office products, their their browsers, Operating system and the the ftc has formally launched an anti trust. Now you're going to have a new ftc guy here, uh, come january.

So whether or not they continue on with this, uh, we don't know. But now you ve got a second company second company um a joining google with an ftc anti trust investigation. Uh I wouldn't be surprised to see an action against matter uh in the near future here OK.

L N G that continues to be one of the Better sectors in the market right now. That's liquid natural gas. The by administration currently has a moratti um on us exporting natural gas. And instead you've got countries some countries in the year still getting their natural gas from russia, which doesn't make a whole water sense and a moratorium on us exporting our liquid natural gas. Well, that's not stopping shore energy A L N G from producing their first product from their brand new corpus Christi L N G expansion that they did.

And uh so anyways, they are now starting to produce this and they, I believe, more than likely looking forward to A A day in the very near future, maybe january tonio to see that a morritt um and L N G exports from the us. lifted. Now the question is where they quit tariff over in eur or wherever the destination of the L N, G is on U S.

Produce like good next al gas. Or we come back to take a little peak underneath the surface of the market. Actually a pretty, pretty decent day in the market right now. This is the best dark now shall.

高。 冷。

Hand walking back here to the final segment of today is that stocks now show, well, our black friday deal is playing. Yes, right? And i've gonna continue IT. Uh, for now you can sign up and get four, three weeks uh of train along or or spend the day with the professional many manager for the next four weeks uh monday through friday, even on saturday uh from a seven A M until about five P M in the evening eastern standard time as I go through the Marks i've already sent out to an alert with early this morning on this, uh, crazy stock, uh, unusual machines, uh, I sent out to an alert on one of our little nuclear stocks that we own in our most aggressive portfolio. Uh, you know, I had people say, you know, i'm more of betrayal.

What, you know what? I have an incubator portfolio that I started in a in a je uh, where I buy stocks that aren't in any of our lot determined investment portfolios. Ah IT is hopefully much more of a trading account is an national account is done very, very well.

H since I started IT. Uh so you know it's definitely not we're not day trading, uh, but we're buying stocks. We see break out that the could have a very bright future. I call up the incubator portfolio um and um it's it's a real life portfolio. So there's something really therefore, everybody if if you're a long term investor looking to accumulate the stocks and build a high powered portfolio, hopefully it'll be high powered.

You know whether you're into larger cap stocks, dividend payers, more of the aggressive Younger grow stocks or even these emerging grow stocks, then in donees that there's the incubator uh account uh that kind of the gini pig, a kind of the single lay baseball team, I would say. And we found some pretty good winners in that area so far. That portfolios done very well since I started that back in june.

Uh, if you're new to the market, I thrown in the teaching moments along the way, I said here's why I like this stock. You can look at up in the APP. Here's the valuation that meets all of my criteria.

Uh, here's the five year target Price. Here's the past performance of the stock and here's what the chart looks like right now. You can learn a lot about reading stock guards uh because in almost every uh, message that I sent out during the day, uh, I send the longest stock ture.

And I think you'll come to realize that this really is bill gudger from passion uh is managing uh and looking for a new finds uh you know kind of be the general manager, my own little baseball team here running the whole organization from a from signings of college players, a to single way, the double way, the triple to the major leagues to the all stars. Uh, I look at that, uh, I look at the stocks. Same perspective, uh, that a money ball, a general manager would be looking, they're looking for that.

They are looking for performance, uh, and they are looking for a bargains and they're looking for momentum, hot players, hot stocks, and they're looking to build the franchise and a team and a farm system over time. I like in what I do very much, and IT is absolutely my passion. A people always ask me what you ve in a retire.

I said, what's that? Is that a word in the, uh, in the vocabulary ary in the dictionary somewhere? I know I have more fun.

I don't know how I would have more fun every day than doing what I do and sharing what I see, my observations, what i've learned over the years, I wouldn't trade those twenty five years, uh, have made about every mistake you possibly can off to make mistakes. But i've learned a lot from my mistakes in the market. Uh, i've honed in on my a my system.

I find doing that, I refind IT, uh, I use the APP extensively. In fact, it's underneath everything I do because there's no way I could watch six thousand different stocks, etf and mutual plans and go through each one on the day I have to screen on a daily basis. I bring up every day the strongest stocks in the market, the data was about four hundred that hit my momentum criteria.

Then if they have momentum evaluation, combine ah they get a great of b plus or Better in my system. Uh, there's about six hundred right now. Those stocks we have a very high uh, bunch of stocks right now because the whole landscape changed after the election, uh, just under two weeks ago.

And then I have you know some of my belt weather stocks that I look at on a daily basis and um they come from every walk away. I can tell you right now that overall, believe IT or not, the strongest sector in the market is the insurance sector. Progressive a gallagher met life for whatever reason that conditions are right right now for the auto ensures the brokers exedra uh and you can even trade some of those stocks.

There's a lot of smaller ones. Uh, there two. And then of course, you've got the whole nuclear sector, which makes for a very good trading opportunity, though if you're a trader, you want volatility, okay, you don't want to stock.

That goes up twenty five times here, thirty two times three lessons of dollars thought. But you want stocks that that vacate heavily gue and h you know these nuclear stocks like new scale and ocma and others, uh, make up for very good type of trading opportunities also. And then of course, you know there's the big ones, there's some volatile big stocks.

And video is a volatile stocks right now a kind of violating in a trading range, you know between a support level and a resistance level. So you've got IT from all walks of life is is a um it's like doing the um getting a masters s degree in six months right at these universities, you don't have the time to spend. So I really it's it's a master classes in in in in the investment using my twenty five years of the experience.

So my black friday offers to you, i'm going to continue the offer, uh, you can get four, three weeks. What you do from there is up to you is eighty nine dollars a months that continue. H to get that education, to continue to get those ideas and to you continue to get those boys themselves that I send out almost on a daily, so, uh, happy black friday, uh, happy, uh, who go on friday, learn something we would make a new year's resolutions .

sign up .

for gunterson is four, three weeks of of the light creating diction? Go to gunterson capital or if you say I don't have that kind of time, I need someone to do IT for me making an appointment with us. Eight, five, five, six, eleven, deth.

Eight, five, five. Next eleven. S have a great day.

Have a great weekend at the.

This show is not a solicated to buy or sell any securities, bill gunson or clients tub gunterson capital management may have long or short positions, and stocks mentioned during the show that performance is not dictation of future performance is in capital management to registered investment advisory firm. All the cancer held a child swab swab is a member of this I.

D, C. And fera.