Shownotes Transcript
In today’s episode, Dave Whiston, the U.S. autos equity analyst for Morningstar Research Services, discusses CarMax’s disappointing earnings results and reveals where investors can look for stock opportunities.
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Timestamps
0:06 Introduction
0:46 Lower Estimate of Tesla’s Stock
1:33Micron Stock: Chipmaker Trims Spending
2:19 Nike Stock: Earnings Top Expectations, but Near-Term Outlook Disappoints
3:17 Why 2022 Has Been a Terrible Year for Bond Funds
4:16 Used-Car Affordability Slams CarMax’s Earnings
6:42 CarMax’s Response to Inflation and Rising Interest Rates
10:49 Our Analyst’s View of CarMax’s Stock
11:53 Cheap Stock Picks: Ford, GM, and Gentex
14:40 Why Is the Dollar Strong Now?
16:33 Strong Dollar Threatens Company Earnings
19:07 Cheap Stocks to Consider as the Dollar Strengthens
Companies mentioned in this episode.
Tesla (TSLA)); Micron Technology (MU)); Nike (NKE)); CarMax Inc (KMX)); Ford Motor Co (F)); General Motors Co (GM)); Gentex (GNTX)); Anheuser-Busch InBev (BUD)); GSK PLC (GSK)); and SAP SE (SAP)).
Read about topics from this episode.
Trimming Tesla Fair Value Estimate to $250 Following Lower Q3 Deliveries)
Nike’s Brand Value Holds Despite a Tough Near-Term Outlook; Shares Undervalued )
Why 2022 Has Been Such a Terrible Year for Bond Funds )
Used-Vehicle Affordability Slams CarMax’s Q2, but We See Stock as Attractive for Long Term )
Strong U.S. Dollar a Headwing to Earnings Growth)
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