SG S02E19 07/02/2024

Episode Date: Tuesday, July 2nd, 2024Hosts: George Howell and Chris CarbonaraRabbit Apocalypse and Invasion of The Zucchini.Market News Recap:- Dow Jones rose by 260.88 points as investors moved from tech to banking and energy sectors.- S&P 500 and Nasdaq experienced declines, with Nvidia falling 6.7%.- Economic data releases, including May’s personal consumption expenditure, are anticipated.Stock News:- Autodesk won a court battle against Starboard Value, allowing the planned board vote to proceed.- Chipotle Mexican Grill announced a 50-for-1 stock split to increase accessibility for retail investors.- Sirius XM Holdings is conducting a 1-for-10 reverse split post-merger with Liberty Media's Sirius XM tracking stock.Stock Picks:- George picked **Micron Technology** for its innovative memory and storage solutions, and Peyto Exploration & Development Company for its 9% dividend in the oil and gas sector.- Chris highlighted Eli Lilly's progress with their Alzheimer’s drug, donanemab, receiving FDA advisory committee backing.Special Segments:- Expert Picks: Motley Fool recommends On Holding for its strong growth in the athletic footwear market.- Barron’s analysis suggests **Honeywell** as a strong buy due to strategic acquisitions and operational improvements.Listener Engagement:- Encouragement to join Patreon for exclusive content and to participate in the virtual stock market game.Closing:- Special thanks to Patreon supporters.- Announcement of a holiday break next week.- Contact information and how to support the show via donations or Patreon.Thank you for listening to Stock Gamblers!Write us at: [email protected] the show at patreon.com/stockgamblersVisit our site at stockgamblers.netWe will be off for the holiday. Hosted on Acast. See acast.com/privacy for more information.