HD Jun 2024 380.000 call
- Yahoo Finance Video
Walmart CFO, Fmr Home Depot CEO, & more: C-Suite Insights
Yahoo Finance sat down with executives across a variety of industries. Here are some of the key moments: tastylive Founder and CEO Tom Sosnoff (00:00:05) tastylive Founder and CEO Tom Sosnoff discusses the recent surge in GameStop (GME) shares. “This is not going to be a repeat of 2021 and that whole… crazy meme stock explosion,” Sosnoff notes. “I think this is going to be... a much more muted version of what we saw… I do not think this is 2021 all over again.” The Vitamin Shoppe CEO Lee Wright (00:00:49) The Vitamin Shoppe CEO Lee Wright discusses how the company’s “expanding the ecosphere of what The Vitamin Shoppe offers to both existing and new customers” with its new GLP-1 program. On the state of the consumer, Wright notes, “we are seeing a consumer that is a bit strained right now, they are feeling pressure, they’re looking for more value.” Former Home Depot CEO Bob Nardelli (00:01:11) Former Home Depot CEO Bob Nardelli explains that “some of the discretionary projects that were done during COVID, post 9/11, when the home became a sanctuary, are now being deferred,” as Home Depot's (HD) first quarter earnings missed revenue estimates. Thrive Market CEO Nick Green (00:01:50) Thrive Market CEO Nick Green notes that “people are looking for ways to save.” “People have gotten hit, they’re feeling it. It’s even more acute on certain kind of staples.” Walmart CFO John David Rainey (00:02:11) Walmart (WMT) CFO John David Rainey notes that “the consumer has been relatively consistent,” as the company reported first quarter earnings. “We see that wallets are still stretched, they’re still looking for value, they’re still using discretion with buying those... higher income items.” For more expert insight and the latest market action, click here. This post was written by Mariela Rosales.
- Yahoo Finance Video
Why GameStop isn't a value stock, but pure greed: Opening Bid
Warren Buffett built his wealth by being a value investor. But what does it mean to be a value investor today? On today's edition of Opening Bid, Boyar Research president Jonathan Boyar tells Yahoo Finance Executive Editor Brian Sozzi how to find value stocks in today's market. He highlights companies like Uber Technologies (UBER), which he says has "a lot of runway for growth." Boyar also shares why he considers Madison Square Garden Sports (MSGS) a value stock amid impressive playoff runs for the New York Knicks and New York Rangers. Regarding meme stocks such as GameStop (GME) and AMC (AMC), Boyar says the frenzy is "horrible for investors" and "a recipe to lose money." He also explains why Dow 40,000 isn't a big deal to him and why investors should focus on the next several years, not short-term concerns like the 2024 presidential election. For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich.
- The Motley Fool
Better Stock to Buy Now: Home Depot or Lowe’s?
Home Depot and Lowe's have delivered market-beating returns to shareholders in the last 20 years. Which blue-chip stock is a good buy now? The post Better Stock to Buy Now: Home Depot or Lowe’s? appeared first on The Motley Fool Canada.
