S01 E16 11/28/23

Stock Gamblers - Episode for Tuesday, November 28, 2023Thoughts After Spending Time with Family:- The hosts share their reflections after spending time with family.Recap:- Experts still have no idea what is happening with the market.Stock News:- Jeff Bezos, Amazon's founder, gifted 1.7 million shares of Amazon stock, worth $240 million, to nonprofit organizations.- A Yahoo Finance/Ipsos poll revealed that 70% of Americans would appreciate receiving investments as holiday gifts, with saving for the future, building wealth, and beating inflation being key reasons.- The week ahead focuses on the release of the Personal Consumption Expenditures (PCE) index for October and corporate reports from companies like Salesforce, Snowflake, Okta, Dollar Tree, Foot Locker, Kroger, and Ulta Beauty.- Meta Platforms (Facebook, Instagram, WhatsApp) lost a privacy court battle with the U.S. Federal Trade Commission (FTC) over user data collection from individuals under 18.- Alibaba Group Holding Ltd. closed its quantum computing research lab, possibly as part of cost-cutting measures.- Despite recent poor performance in the energy sector, some oil and gas companies, including Antero Resources, Hess, EQT, Southwestern Energy, and Civitas Resources, are expected to experience significant earnings growth in 2024.- Big-box retailers like JCPenney, Target, Best Buy, Walmart, and Macy's have started offering Black Friday-type deals in October and early November to attract shoppers.- Strategists have varying opinions on the stock market outlook for 2024, with some cautious and others bullish.- UniCredit, an Italian bank, is no longer considered one of the world's globally systemically important banks (G-SIBs).Roll Them Dice:- The hosts discuss five publicly traded companies: Johnson & Johnson (JNJ), Coca-Cola Company (KO), Pfizer Inc. (PFE), Alphabet Inc. (GOOGL), and Home Depot Inc. (HD).Expert Picks:- Motley Fool: Analyzes Roblox's investment potential, highlighting user demographics, safety measures, and financial performance, while also acknowledging potential risks.- Barron’s: Discusses Vontier Corporation's role in various aspects of driving and its potential in the shift to electric vehicles.Our Picks - Skyline:- Carbo: Chooses TC Energy Corporation, a Canadian energy company with a 7.44% dividend yield, citing positive projections.- George: Chooses Costco and Walmart.Closing:- Thanking supporters and encouraging listeners to join their Patreon and participate in their virtual stock market exchange.Stay informed and entertained with Stock Gamblers! Tune in and keep gambling on the stock market.Subscribe to our show so you don't miss out on the latest stock market insights and entertaining segments. Tune in to Stock Gamblers and keep gambling!Write us at: [email protected] the show at patreon.com/stockgamblersVisit our site at stockgamblers.net Hosted on Acast. See acast.com/privacy for more information.