Thursday May 1, 2025 - Huge earnings reports from MSFT and META!
40:05 Share

Bill Gunderson

And welcome to the Thursday, the Thirsty Thursday. It is May the 1st, the first day in May. This is Bill Gunderson, president of Gunderson Capital Management. And boy, we've got a full-blown rally taking place on Wall Street here today with the Dow up 265 points to 40,934. You've got the NASDAQ.

Just on fire today, up 314 points, mostly Meta. So glad I met you. And Microsoft, we've got the NASDAQ up 1.8%. The S&P is up 1% right now. That's 56 points to the upside. The small cap is not doing so good, however. They're up just a quarter of a percent today, though.

For me, the big story is oil. Oil has plunged. It was $56 per barrel this morning. It's now $58 per barrel. That's the lowest price on oil that I've seen in a long time. And, of course, that's good for consumers at the gas pump, not so good for the oil drillers and the frackers.

It's also going to spell some trouble for Russia and Iran, countries that depend upon oil for income. We've got a rally going on in Bitcoin. Bitcoin is hitting 96,074 and gold is selling off today.

Gold is going through a big correction here. Gold is down about 2% right now. So welcome to today's Best Stocks Now show with professional money manager Bill Gunderson, president of Gunderson Capital Management. And after a rocky market in April, we've got a blast off here on the first day of May with big gains in the NASDAQ.

and big gains in the Dow, big gains in the S&P 500. And I'm going to give credit mostly to a couple of companies here. One would be Microsoft, which had blowout earnings, and the other would be Meta Platforms, the company formerly known as Facebook, which has also had blowout earnings. Now, we own both of those stocks in our portfolios. I don't consider them to be soggy stocks.

Barry, and they had good reports yesterday. I saw something in the stat where 3.4 billion people daily use at least one app from Meta. That's half the world. I looked up the population. Yeah, population in 2023 of the world was just over 8 billion. Yeah, so almost half of the population of the world uses a Meta app at least once a day.

It blew my mind. I'm on the side that doesn't. I don't think I use any meta apps over here at Gundersen Capital Management. We had a big swoon in the market yesterday morning, and by the end of the day, the Dow had gone positive. We were down 700 points at one point in time. This shows you how the sentiment...

has shifted ever since I wrote my article. The day of the low in the S&P 500 at 4,800, we've been coming back slowly. You've got resilience now in the market. I would say that the fear of tariff war, they've miscalculated so far. It was way overblown, and as these companies report one by one,

Most of them will have no impact from the tariffs. Others are in the direct line. There's no question about that. But the market has certainly become a lot more resilient here recently with the dips being bought, coming back from a big deficit yesterday to close positive. You had a huge reversal yesterday.

But we ended the month of April in the red. Okay, that's the first month of the second quarter of 2025. U.S. crude oil sinks to its lowest level since 2021. Of course, that was the COVID year, or right after it, on demand, gloom, and potential Saudi supply hike. Well, okay. I mean, is it Trump's policies that are driving oil lower? No.

Or is the global economy coming to a screeching halt? Which is it? Or is it a combination thereof? It's good news for the consumer. The consumer, you know, how many things have oil, petrochemicals in them?

And, of course, the gas pump's going to be kind. I remember people were putting stickers on gas pumps of Joe Biden saying, I did this. Maybe they'll put stickers on there with Trump saying, I did this. It's under $2 in some markets now, unleaded gasoline. So that's good news for us. It's not good news for the frackers and the oil and gas exploration companies, the oil industry.

And I'll tell you who it really hurts. Reduces profits, I mean. Definitely. I mean, to get it out of the ground, I don't know what it costs these days, but it was $56, $58 this morning. That's where it is now. I don't know what the cost is. It depends on the region of the country of how much it costs to get it out of the ground.

But they might be at break-even right now. I don't know. The other two big impacts on the world, and it may be engineered this way a little bit to put pressure on Putin. Putin depends on those oil prices. Their economy depends on oil, and China's economy depends on exports. So you've got to say that we've put the big squeeze on China and Russia,

by not buying their exports, and Russia by somehow the price of oil, which is their currency in Russia. And let's not forget Iran, who we're having some big-time negotiations with right now on the nuclear front. It really hurts them a lot, also the price of oil, because that's how they fund a lot of their nefarious deeds around the world. Initial jobless claims jump.

Should I be worried? Of course, we watch that every Thursday. This is the highest number I've seen in a while, 241,000.

It's the higher end of a low range. Usually, red flags start going up as you approach 300,000. We're still down there at 241,000. And that four-week moving average is still at 226. We were at 223. It got revised 1,000 higher. We were at 223 last time, so 18,000 more. One number that would be to keep an eye on over time is just that continuing claims number.

So that's at 1.916 million versus 1.86 was the consensus. But that's one of those where, you know, you start seeing continuing claims, right? Continue to lengthen, right? Well, then that's when, you know, you basically are having job losses, you know, kind of pile up, which eventually you'll see roll through the unemployment numbers, which we get

We get tomorrow, but those numbers aren't going to be in that data. Well, I get the feeling that the job market is maybe loosening up a little bit, not as tight as it was, not as robust as it was. I mean, it's still good. It's still strong. But I think maybe things are getting a little bit tougher in the job market right now. Musk advocates for doge scrutiny of Fed costs.

Of course, he heads the Department of Government Efficiency, and he's considering dispatching his team to the Federal Reserve, pointing to the expensive renovation of the central bank's Washington, D.C. headquarters. I don't know if they have gold toilets in there or all kinds of different hardware and stuff that's like a palace, but he's using that as a possible example of government waste.

I don't know who's behind that. Is that Jerome Powell and his crew over there running up the cost? Yes. Somehow I don't see Jerome Powell sitting with some general contractors like, hey, can we get some marble over here? Can we get some marble, please? I doubt that Musk office has a folding table and cardboard. I bet he's got a pretty nice office, but...

He says, since at the end of the day this is all taxpayer money, I think we certainly, definitely look to see if indeed the Federal Reserve is spending $2.5 billion just on their interior designer. How would you like to get that contract? You can build some of that 2.5 to go help, I guess, RFK Stadium get rebuilt because they got that approved, I guess, last week. So, yeah, $2.5 billion seems like you could end up with something –

A bit more than just an interior. They could also be breathing down Jerome Powell's neck a little bit, too. They're still not happy with him. You know, seven rate cuts in Europe to R0. Trump in April said Powell's termination cannot come fast enough. Of course, he walked that back. But their Fed's multi-year headquarters renovation has swelled to $2.5 billion. I say...

Audit the Fed. Hasn't Ron Paul been calling for an audit? Well, at least they're going to audit the renovation at their posh headquarters in Washington, D.C. All right. Hey, we finally have a new source of those rare earth minerals. Where are they coming from? We'll be right back. Hockey blows the blow. They call me free. Hockey blows the blow.

Oh, we're going on. What are you feeling? Now that I've caught my love.

And welcome back here to the second quarter of today's Best Docs Now show where the U.S. and Ukraine signed a historic deal for access to Ukrainian mineral wealth on Wednesday.

That's pretty amazing. Now, the logistics of it all with a war taking place, are they going to put an iron dome over it to protect the workers? I don't know how it's all going to work. But you remember Trump, he went on and on after the Iraq war. We should have taken the oil. We should have taken the oil. The finance, I mean, we spent a lot of money and blood and treasure, obviously, there in

defending uh you know the countries against uh some bad actors over there and uh well he said has been saying we should uh get some money payment back from uh from our friend zalinski and they did sign a historic deal uh on rare earth so anyways uh

Yeah, which puts pressure, by the way, to me. Signing that, all this stuff is kind of, you know, you think of each of these things, but they're not happening in a vacuum. The thing about that is, well, we just had an announcement, what, a week or two ago, where China was going to reduce some of those rare earths to us. They weren't going to let us have any.

They cut off all of them, I think. And so now we've got this deal in place, and so there's a lot of jockeying for position and negotiations. So it's the same thing with that India deal, right? To me, I think that India deal getting something in place there puts a ton of pressure on a country like China because population-wise, it's the only one that really rivals. I guess Malaysia is pretty far up there, too. Yeah, yeah.

That's a much denser population. And half the people in India are on Meta, I guess. And in China, they must be using Meta a lot. WhatsApp, yeah. Yeah, WhatsApp is the one that, you know, from a communication tool that, you know, we obviously think of Meta as Facebook or Instagram. But, yeah, WhatsApp, you use, you know, folks use that around the world to communicate. Yeah.

Well, the FDA is going to tighten their vaccine approval requirements. I'm glad to see that. I'm sure that's RFK at work there. They're also looking into combining a bunch of vaccines into just one shot instead of giving you all these different ones. And according to RFK Jr., we're going to know what causes autism by September. I mean, I'll believe it when I see it, but that certainly would be a great blessing when you've got 1 in 31 kids with

you know, having some on some range of autism where, you know, I talked to somebody who lives in Spain. They virtually don't have any autism. So we're doing something differently here in the U.S. He's even pinned down the year 1989 when it really started to ramp up. So I have a hunch that he kind of has an idea what it is.

But, you know, zeroing in on it and having the proof. I don't want to be the company that made the product that has caused all this autism. You'd think there'd be a heck of a lot of liability. Well, and he's been looking into it. Yeah, he's been looking into it for a while. I mean, I guess the difference is now he's got the resource, the agency, right, to actually, you know, to get, number one, to get a hold of some of this data, probably. And number two now has...

you know, a platform in which to hopefully shed some light on it. In my mind, it shouldn't be that hard to narrow it down.

How can it be an environmental pollution when it's in the kid, basically? But maybe, maybe not. Maybe they're not born with autism. Maybe it takes a while to develop. And they've kind of ruled out genetics, you know, being a gene that's causing it. So anyways, we'll continue to watch that. Okay, the big earnings report for the day is,

There's several, and we've been waiting for this day. This is a big day in tech land. Look at the report from Microsoft today. I mean, where did that come from? Microsoft's sales were up 13% year over year. Not bad for the biggest company in the world, I think, right now. That puts Microsoft, let me see where that puts Microsoft from a market cap point of view here.

3.2 trillion, but it's up 9.1% today. Okay, we own it in our dividend portfolio. Would you rather own AT&T that pays a 6% dividend or would you rather own Microsoft that pays a three quarters of a percent dividend yield but still has tremendous growth and tremendous capital appreciation? It's up 9.1% today.

We got out of it in our growth portfolios. In fact, we got out of it entirely a while back at 394 as it broke support. And then I got back in it with the dividend portfolio at 360. It got down to 360.

about a month ago, and now it's hitting $4.31. So we're up $70 a share on that buy getting back in. We bought it $34 lower than where we sold it.

And let's see, the company shows a 33% surge in Azure. Isn't that the cloud Azure? Yeah, that's the cloud, the data center side of things. So, yeah, that's a good number for them. That's the number that the street's been watching because that's where the growth, you know, that's where the growth for the company essentially is coming from on that data center side. Yeah, and I got to believe, you know, I think ChatGPT gives them an advantage because

I know, at least personally, I do most of my searches, well, if I got a question,

You know, my mom's not around anymore to ask her the answer to this question, so I go to ChatGPT. ChatGPT, you know, what's the best way to wire this to get the most voltage out of it? You know what? And it comes back with the answer immediately. Yeah. My dad uses it a ton. I use it all the time. Where I never used to use Microsoft Bing ever.

So I've got to believe that that's a big advantage, a big leg up that they have over Google. It's got to be hurting Google search. Well, and Google, yeah, I mean, 90% of searches, right, are done through Google, and they're taking it on two fronts. They had that announcement and saw something from the CEO in terms of what they kind of remedies to break up Google, and part of it, a lot of it's around that search side, and we've talked about the search side being Google.

The most vulnerable because everything AI starts with search. Yeah, 100%. It begins with the question. Right. Okay. Now, the other thing with Microsoft and Meta's earnings here, the predicted demise of the growth in data center was certainly premature, right?

These numbers show that data center growth is still cooking. It's still growing. Now, there's blips here and there. You had yesterday super microcomputer with the blip, but I'm seeing a nice recovery in NVIDIA and other data center. ANAT had a very good report the other day. So I don't think you can rule out data center. And the nuclear stocks have also steadied.

have recovered quite a bit. Those data centers still got to be powered by something. And so data center growth still looks good. Cloud growth still looks good. The software stocks have been on the mend, and Microsoft is the king of software stocks, the biggest publicly traded company in our markets. We'll be right back. We'll be right back.

And the boys upstairs just don't understand anymore. Well, the top guys don't like them talking so much. Don't play what they say to play. This is Bill Gunderson. Thank you for tuning in 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-edge stories that I can.

To get two free weeks of my newsletter, go to GundersenCapital.com. To talk to us about our fee-based only money management services, call us at 855-611-BEST. Now, back to the second half of the show. Call at the instigator because there's something in you.

We've got to get together.

I mean, yesterday it was just all over the place about the negative GDP print with no explanation whatsoever that, you know, it was mostly caused by all of this front-running, increasing the trade deficit. All the buying these companies did. No explanation at all. Which is going to muddy the data. Countries going into a recession, right? Yeah, which is going to muddy the data for a while. I mean, that's the tricky part is trying to, you know, trying to trim some of this front-running out versus...

You know, some of the, of course, some of the employment data because you still have some of the federal workers, right, who are still getting paid. So there's a lot of different – the data is going to be pretty dirty, I feel like, over the next few months. Yeah. The other one, too, is this drop in gas. I've seen a lot of, like, doomsday headlines, the drop in oil, rather,

Has global demand sapped or something like that? Plunges. They usually use the word plunges. Sounds like a roller coaster you want to ride, right? Traders is another one. You know, it's just the globe has stopped spinning. The world stopped spinning yesterday. Okay, now let's see here. We've got a lot more. The next biggest report for me was Meta.

Those are two pretty big reports there. Those are two of the fabulous seven, so-called fabulous seven. Meta's up $29 per share. It has given up a little bit of its gains, but it's up 5.4%. Meta is now a $1.45 billion market cap. Meta's sales were up 16%, not bad for a mature market.

company, MediCap, I guess. And its earnings were up 37% year over year. You can say what you want about Zuckerbucks.

But he does bring in the earnings there at Meta. I mean, that grew from a college dorm at Harvard, right? Or was it Yale? Harvard, I think. Harvard, yeah. Yeah. They reported $6.43 for the quarter. They beat by $1.21. Meta's one of our largest holdings.

And their revenue, $42 billion, beats by about a billion. Okay, just a cool billion. So look at their sales. I mean, $160, $170 billion per year in sales? Wow.

And, you know, look, I mean, I've never given a dollar to them that I know of. That you knew about, right? I've certainly bought something, I'm sure, that was fed to me through a Facebook ad. I've never given them a nickel, but it all comes from advertising, I guess, you know? That's a...

When you've got that many eyeballs looking at those websites on a daily basis, that's expensive real estate. It comes from the data. I mean, number one, essentially users are paying in data. And on the other end of that, of course, the advertisers are paying meta for the ads. Well, Zuckerberg said that we've had a strong start to an important year.

Our community continues to grow, I guess half the world, and our business is performing very well, he said in his initial comments. We're making good progress on AI glasses and meta-AI, which now has almost 1 billion people that are active on meta-AI glasses.

Daily active people on Meta's family of apps rose 6% better than expected to $3.43 billion. Our people, 3.43 billion people, half the world, on average, for March.

Ad impressions across the family, Facebook, WhatsApp, Instagram, rose by 5%, with average price per ad rising 10%. It's not cheap to advertise to half the world. You know, a billboard, how many people pass it every day on the freeway? That's it. How about half the world looking at various of your apps on a daily basis? That's incredible.

Analyst reaction. The report brought blockbuster-like numbers, said Victor Derganoff, investing group leader for the financial profit. That's over on Seeking Alpha. He was very impressed. Some of this increase is due to more than expected infrastructure costs. They have upped their infrastructure costs. But anyways, that's a very strong report. Now we go...

From growth stocks, growth stocks, best stocks now, to stodgy old growth giants of yesteryear, which brings me to McDonald's. I've got nothing against McDonald's, but it's become a soggy, non-growth stock. In fact, their sales were down 3% year over year. I think the price point's hurting McDonald's.

And I think that the online ordering and having a lot more choices delivered to your door from DoorDash and from Uber, Uber Eats has got to hurt McDonald's because it's still a pain. It's a hassle to drive over there and sit in that line waiting. Yeah.

And then they leave the lettuce off your Big Mac. I will say, Earl, just turn me on to the McDonald's app. So whenever we do happen to be, I don't know, driving through somewhere, right, it's like, hey, go on to the app, do the order, and literally pull up, park, walk in, grab it off, and be sure to look at all the people in the line as you go by. Yeah, and the bargains. There's some bargains. There's always a deal, like two for one or whatever. Yeah.

It's kind of a pain to try to find them and use them and scan this and scan that. But that's a tough business. I mean, that whole business we've talked about, the whole fast casual or even fast food space just being kind of a tough space in terms of labor costs going up, food costs going up, lots of more options out there, GLP-1's headwind, right? Yeah.

I mean, it's not an easy business. Let's put this in perspective. For the quarter, McDonald's did $6 billion in sales. $6 billion in sales.

Meta did $42 billion in sales, seven times the size. And yet you don't see Meta golden arches all over the world. It's all under the ground, under the surface, flying through the air.

through the data centers and websites and advertising. Meta's job is to get you to McDonald's. They make a heck of a lot more money. Seven times the sales at Meta. Just showing you the best stocks now versus the soggy stocks of yesteryear. What a difference there is. McDonald's, these sluggish sales in Q1,

I also saw that Shake Shack, a small competitor, had pretty ugly sales themselves.

But people looking at Yum! Brands and restaurant brands, et cetera, you know, as comparables, and it's not very good. Now, the other one, the disappointing. Yeah, wasn't their same-store sales? I think their same-store sales was, like, the worst since COVID, like, since 2020. Yeah, I just think there's a lot more competition coming. And who's going to have a DoorDash? I mean, do you know how much that adds to your order? And by the time you get that Big Mac, that thing, it's soggy to begin with.

By the time it gets to your house from DoorDash, it's really... Them fries are like limp. Throw them on low broil in the oven for a little while. Revival. But yeah, I mean, it's...

it's just there's a lot of headwinds for those businesses in general and it's tough. Yeah, and they lost their best employee. Remember when Trump was handing out at the driver's He's too busy to do that. He had to give up his side job. Eli Lilly's the disappointment for me of the day even though their sales were up 45%. Now,

Lilly's sales are double what McDonald's are. McDonald's $6 billion, making you fat, and Lilly's $12 billion, giving you the Zepbound to take the weight off that you gain from McDonald's. Okay, so they're kind of hand-in-hand. Lilly down 6.4% today. I can't believe that Lilly had a soft sales report today.

They lowered their earnings outlook. They have stiff competition from Novo Nordisk. And I saw that Novo Nordisk signed a deal with CVS.

You'll be able to get Wagovi at CVS. That's big competition there. Oh, wow. The only thing that worries me about Novor Nordisk, which we now own in the value relative value fund, I mean, it's got such a cheap PE. I just wonder if they're going to have tariffs slapped on them because it is a Netherlands company.

And he did say, Trump said, that tariffs are coming on drugs. On pharmaceuticals, yeah. And I did see where Novo Nordisk announced. I want to say it was maybe last week that they announced they were going to be actually manufacturing some in the U.S. They were adding some investment. Well, okay. Get around that tariff. So anyways, a disappointing report from Lilly.

Okay, when we come back, we've got a few others here to talk about. Robin Hood, CVS, MasterCard, and Howmatt. Howmatt's a great little aerospace talk. We'll be right back. You've got to go where you want to go. Do what you want to do. And if you ever want to,

The way you want to go, do you ever do? You are the best way to win.

And welcome back to the final segment of today's Best Docs Now show. Cleveland, May 20th and May 21st. Tuesday and Wednesday. We will be there. Two days of appointments with the folks. Whoever would like to meet with us, the team, while we're there during the day from Saturday.

7 a.m. till 7 p.m. It's a grind. Book a spot. It'll be several months before we get back to Cleveland in person. And that workshop, that's a rare opportunity on a Tuesday night. I don't know what could be better going on there in Cleveland than

I haven't seen you do one of those in person in a while. I know you've done them via Zoom for a handful of investment groups and things, but yeah, I'm looking forward to the workshop as well. I could do it with one hand tied behind my back and blindfolded. I've done so many. I really like getting in front of a crowd and audience and stuff.

Okay, now, 855-611-BEST, 855-611-BEST to reserve a spot to the workshop or to book in a very desirable slot, reservation and appointment.

with us while we're there. Talk to Edie, 855-611-BEST. Okay, now another earnings report coming in. Qualcomm, which I pulled the plug on a long time ago, they have just lost their mojo. That stock is down 8.6%.

The pride of San Diego, $150 billion market cap. They pretty much were the integral piece in wireless phone technology with their CDMA technology. They've got their Snapdragon chips, etc. But they just have not had any growth for a long, long time. So Qualcomm coming up short.

Yeah, they obviously had that 5G tail. Remember we wrote about them years ago in terms of they had that 5G tailwind. And then, remember, I think it was kind of part of their growth kind of going away was around, I think, when Apple used to use them for some of their chips. And then, remember, Apple started making some of those chips in-house. I think that kind of hurt them a bit. So, yeah, they're...

They're a player, but they've got some work to do in terms of innovation, I think. Yep. Okay, CVS is exiting Obamacare. There's problems with Obamacare. It needs to be fixed. It needs to be revised. You've got big issues at UnitedHealthcare, CVS. A lot of them are getting out of...

And it's costly. I mean, it's costly for whoever. I mean, it's costly for the patient. It's costly for the insurance company. It's probably costly for the provider, I would imagine. It needs to be reworked. Maybe RFK can help with that. And they also signed a pact. I bet Doge could. I bet Doge could help with that. Doge could go in there and clean that thing up.

And they're going to offer Wagovi at CVS. You can drive through. Drive through Wagovi. You can drive through. We've got a CVS right by a McDonald's. You can drive through and get a Big Mac combo meal for like $12, $13, you know, with the extra large fries. And then you can, on the way home, you stop, go through the drive-thru at CVS and pick up your Wagovi and take your shot for the week.

Robinhood signals 50% revenue growth in Q1 2025. We own Robinhood in our ultra growth portfolio. Robinhood is actually down 2%. I thought it was a blowout report myself. Their sales were up 50% and their earnings were up 106%.

But that wasn't enough. The stock's down 2%. It wasn't enough. We wanted 80%. We only got 50%. But I still think that Robinhood, I mean, it's kind of the app of choice.

If you're a mobile trader, I don't know how you do trades on a mobile phone. It's hard enough on a PC. You do it one by one. Oh, man. You know, I got short, stubby fingers, which doesn't make me a very good soloist on guitar.

And it also makes you dangerous, hitting the wrong fat finger mistakes. People will get text messages from me, go, what was that? What is like an apostrophe and an asterisk? Norwegians have very short fingers. And so I would be worried about trading on Robinhood's. Oh, man, I just can't imagine getting the symbol right. What if it says foreign stock with five letters on it?

And then you put in a limit order. Oh, on that small screen. But you know what? I think we're evolving. I think kids nowadays are being born with longer, more nimble fingers. I see these kids typing on their cell phone. It's just crazy how fast they can. Yeah, the wild thing is they can type fast on the cell phone, put them in front of a keyboard,

still hunting peck. Yeah. I mean, probably the one thing I think I talked about this a while ago, the one thing I learned most important, people ask me, what did you learn in middle school? That was the most important thing, right? And it was typing. Oh, 100%. And you literally learned it on a typewriter then. And Miss Oates, God bless her, she...

She worked that thing into me. It's the one thing I still know how to do today. My kids are amazed. They're like, how do you do that? I'm like, you need a class. I'm 70 words a minute with about 10 errors, but that's okay. With spell check and grammar and editor, it sure makes life a lot easier.

for a guy who has always struggled in that area. MasterCard reports earnings. Let's see, we've got one minute left. MasterCard is flat. And then the last one is one we own in our dividend account, HowMet Aerospace. That's the chart of the day right there.

That's a beautiful chart. It's up 7.4% in the dividend portfolio. It pays a dividend of a quarter of a percent, but it's hitting a new all-time high today. Very good company in the aerospace industry out of Pittsburgh, New York. Pittsburgh, New York. I didn't know there was a Pittsburgh in New York.

But the Pittsburgh Pirates do not play there. Anyways, how met the story of the day? Okay, we're out of time to book an appointment with us. Get out of those soggy stocks. Get out of the asset allocations based on your age only. It's ridiculous. Give us a call at 855-611-BEST. 855-611-BEST. Get away from the doomsayers. They were wrong again.

I'm not an eternal optimist, but I saw the light at the end of the tunnel several weeks ago when we were having those thousand-point down days. Give us a call at 855-611-BESSER. Get four free weeks of the whole enchilada trial at GundersenCapital.com. Have a great day, everybody.

This show is not a solicitation to buy or sell any securities. Bill Gunderson or clients of Gunderson Capital Management may have long or short positions in stocks mentioned during the show. Past performance is not indicative of future performance. Gunderson Capital Management is a fee-based registered investment advisory firm. All accounts are held at Charles Schwab. Schwab is a member of SIPC and FINRA.