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Oct 22, 2021
10/21
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i want you to be you, grasso >> oh, let grasso be grasso. the thing that sticks out to me is what do you buy in february that the sizes are going to change from december to february >> so if i by you a sweater, you will need a different size in february >> one of my sons grew four inches in the last seven months. you can't buy your kids -- i don't know if you are buying for your husband but tastes change dare i digress amex means high end consumer and also corporate cards, corporate travel i take -- everyone went a different direction. i went immediately to delta or united if the corporate traveler is coming back or corporations are spending more, i think that will be the canary in a coal mine in a good way the other thing with these names, you have to go high end so i go capri, get your michael kors with capri. all of its competitors are doing well you don't go department stores macy's is up 132%. that was taken out with the pandemic and thought not to survive. people are saying, all right, are they going to survive, be just as good i don't
i want you to be you, grasso >> oh, let grasso be grasso. the thing that sticks out to me is what do you buy in february that the sizes are going to change from december to february >> so if i by you a sweater, you will need a different size in february >> one of my sons grew four inches in the last seven months. you can't buy your kids -- i don't know if you are buying for your husband but tastes change dare i digress amex means high end consumer and also corporate cards,...
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Oct 8, 2021
10/21
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. >> steve grasso? >> back five years, the sle is basically flat if you go back to 2016, that stock is probably at the same level as today there has been a lot of chopping of wood. but when bk said an underinvesting the fossil fuels, i took out my decoder ring this administration has made a bet we will be out of alternatives or renewables quicker. the best performer has been coal can you imagine bide biden saying the best performer will be coal? i think this can't continue just because of the politics of it. >> tim brought up the term the other day when he said green-flation. that as we push to renewables, the prices of fossil fuels go up a name like peabody, when is the last time we talked about that years ago. >> mel, as i said, either this week or the week before you asked me about oil and i said i think it can go to 100 before the end of the year. i still believe that the run we have had, going on nearly a year, started right at the beginning of november of 2020 and has been running ever since. thes
. >> steve grasso? >> back five years, the sle is basically flat if you go back to 2016, that stock is probably at the same level as today there has been a lot of chopping of wood. but when bk said an underinvesting the fossil fuels, i took out my decoder ring this administration has made a bet we will be out of alternatives or renewables quicker. the best performer has been coal can you imagine bide biden saying the best performer will be coal? i think this can't continue just...
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Oct 25, 2021
10/21
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but even safer than that, i'm going to give a would you rather in the grasso head, exxonmobil is up 56%nitely worth his money. it is worth the money. >> tim, what do you think? >> well, i -- look, i am in there. and yeah next up, a question on fear. potentially shooting at this sam. the stock has nearly dropped off by 50% over the last year. particularly because of the lower guidance and concerning the hard seltzer business. i was wondering if you think that is a value play and they are headed to the for folio. portfolio. >> you're looking at on grabbing yourself like a cold hard seltzer. >> never >> i don't think i ever have or ever will. i think the growth around this category while extraordinary on a relative basis and a $2 a share guidance pulled now the stock still not cheap. i don't value that, therefore, it is value tracked. you're going to see low single digit growth here in this sector i do think this is a interesting call but i think they're $50 to $100 away i think the pullback and that is north of the boarder >> should good things be expected in the stock price. is this layi
but even safer than that, i'm going to give a would you rather in the grasso head, exxonmobil is up 56%nitely worth his money. it is worth the money. >> tim, what do you think? >> well, i -- look, i am in there. and yeah next up, a question on fear. potentially shooting at this sam. the stock has nearly dropped off by 50% over the last year. particularly because of the lower guidance and concerning the hard seltzer business. i was wondering if you think that is a value play and they...
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Oct 29, 2021
10/21
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some may see a one-ideeyed monsr and others may see a beautiful sunset grasso, what do you see? >> i see a one-eyed monster in theforeground and a beautiful sunset in the background let's look back on this. i think the market is just pricing in that the fed is late to the dance all central banks have been late to the dance so to tim's point when you see australia and canada rally, it's all a point of reference if you look back to two years ago, three years ago, prepandemic, we are not even there and the market is telling us central banks are late to the party. to b.k.'s point, whatever tightening they are going to do is hypothetically going to slow growth to pete's point infrastructure has not spooked the market to thinking this will be an inflationary environment longer term that, to me, is a reason to buy tech a little more discripple nat to technology to value. the trade is to flatten the curve when the fed is tightening that's a rough place to be in value stocks and i own a big chunk of value stocks, so it has me reassessing what i should go into in the next year or so. >> b
some may see a one-ideeyed monsr and others may see a beautiful sunset grasso, what do you see? >> i see a one-eyed monster in theforeground and a beautiful sunset in the background let's look back on this. i think the market is just pricing in that the fed is late to the dance all central banks have been late to the dance so to tim's point when you see australia and canada rally, it's all a point of reference if you look back to two years ago, three years ago, prepandemic, we are not...
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Oct 13, 2021
10/21
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. >> grasso, your take >> tnc has the best chart in the financials, a regional, up 35% year-to-date, but blows away all of the other charts. if i look at the charts though, bank of america seems pretty good up 42% always gets left out everybody talks about morgan stanley, goldman sanchs, but loo at bank of america, look at a firm they are going to eat away at the traditional credit card company's profits. so they can pivot or turn. >> you know how santa claus keeps a list, naughty and nice >> coal has rallied, i will take it >>> coming up, a real life star trek william shatner blasting off into space today trouble taking off for the space stocks find out what kpiiseeng them grounded >>> and pete's fast pitch. don't miss this one much we are back in two. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> welcome back to "fast money. this energy stock was up more than 30% and pete says this stock is about to pump higher he is about to deliver a fast pitch. >> i am going to start with conti kinder morgan. th
. >> grasso, your take >> tnc has the best chart in the financials, a regional, up 35% year-to-date, but blows away all of the other charts. if i look at the charts though, bank of america seems pretty good up 42% always gets left out everybody talks about morgan stanley, goldman sanchs, but loo at bank of america, look at a firm they are going to eat away at the traditional credit card company's profits. so they can pivot or turn. >> you know how santa claus keeps a list,...
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Oct 1, 2021
10/21
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as disney's pipeline content billion in 2023, coordinate ads should accelerate, driving shares gra grassou like this call, are you on board with disney >> it's hard for me to give you a direct answer. i'll take two or three sentences here in march it traded at $203 i thought it was heading to that level. i didn't expect the backup we've seen recently. so i'm a little bit unhappy with that in technicals, the 50 and the 100-day are below the 200-day. so in technical terms, they developed a death cross, which usually when you develop a death cross, the movie's over. that means the stock is ready to pop. so i do believe that the stock is ready to pop. i am on board with it moving higher i do believe that they are still the king of content. and also when you look backwards, if we start to see these parks reopen, we're talking about in a normalized world just under $16 billion of revenue. so that's where i think the catalyst is. once this real reopening starts again, that will get people on board. and of course the streaming entity is where you have to see valuation and multiple expansion. inst
as disney's pipeline content billion in 2023, coordinate ads should accelerate, driving shares gra grassou like this call, are you on board with disney >> it's hard for me to give you a direct answer. i'll take two or three sentences here in march it traded at $203 i thought it was heading to that level. i didn't expect the backup we've seen recently. so i'm a little bit unhappy with that in technicals, the 50 and the 100-day are below the 200-day. so in technical terms, they developed a...
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Oct 27, 2021
10/21
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i think that's an interesting play >> grasso?usiness model and strategy. most investors don't realize and sell it first and ask questions later, but gil laid out a coherent entry point for the stock. if you lock from the lows to the recent highs, you come up with a 6.18 retracement we are right there $90 is the holy grail and where the 50-day moving average lays up the technicals, this is a huge level for technicals if it holds, the stock could really rip >>> ford in after hours is climbing, up about 7%. phil has more commentary from that call. >> a strong earnings call with analysts, that's what we are hearing from ford between the ceo and cfo. what you are hearing is a very strong representation of where they believe ford is right now and where it is headed in fact, a couple of comments, they were asked about 2022 they both said they believed it would be a strong year they are not putting any targets out there for 2022 we won't get that until february in terms of financial guidance, but they also believe that ford is in the mid
i think that's an interesting play >> grasso?usiness model and strategy. most investors don't realize and sell it first and ask questions later, but gil laid out a coherent entry point for the stock. if you lock from the lows to the recent highs, you come up with a 6.18 retracement we are right there $90 is the holy grail and where the 50-day moving average lays up the technicals, this is a huge level for technicals if it holds, the stock could really rip >>> ford in after hours...
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Oct 15, 2021
10/21
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we call your attention to it because this is a name grasso has been recommending on the show do you stickne >> not only do i stick by it, i bought more today. what hit the stock was the container board data hit the market, but that is backward looking data and prior to september or up till september the company on september 13 spoke at a conference for credit suisse they reaffirmed guidance that they were buying back stock. everything was in the price at $52 back then. right off that conference the market sold off, this stock sold off with it. it rallied right back to 52. now this old data hits the market, and i do believe it is old. and the stock sold off i took this as a gift from the market gods much i believe the stock will be above 50 in very short order, maybe in the next few weeks. >> an interest thesis in terms of why one would be in it pete, with shipping everywhere i am not sure how much packagingmakers have the ability to raise the prices. >> are they able to pass along the price increase we know what happened with copper i don't know if they can keep up with that kind of prici
we call your attention to it because this is a name grasso has been recommending on the show do you stickne >> not only do i stick by it, i bought more today. what hit the stock was the container board data hit the market, but that is backward looking data and prior to september or up till september the company on september 13 spoke at a conference for credit suisse they reaffirmed guidance that they were buying back stock. everything was in the price at $52 back then. right off that...
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Oct 4, 2021
10/21
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delano and steve grasso who is here, ceo of grass o. with some of the movers facebook is one of the main ones here, down 5.5%. reported outages from everything they have the whistleblower saying the company is acting in self-interest. the company is up 20% this year despite questions about practices and social impact. so let's start with you, steve grasso is facebook kind of the reason why the market is under so much pressure today is it just getting swept up in all of this? is it just coincidental i guess it is down this much or what do you make of -- how would you relate its own problems to the problems the broader market is experiencing if there's any relation >> so it doesn't help to your point, right, kelly. on the show you cover the stories du jour obviously better than anyone and you noticed that it has been about china, it has been about chairman powell, it has been about rising rates, it has been about the rotation out of growth into value so this is the latest of the stories that are hitting the market, but if i look back on a
delano and steve grasso who is here, ceo of grass o. with some of the movers facebook is one of the main ones here, down 5.5%. reported outages from everything they have the whistleblower saying the company is acting in self-interest. the company is up 20% this year despite questions about practices and social impact. so let's start with you, steve grasso is facebook kind of the reason why the market is under so much pressure today is it just getting swept up in all of this? is it just...
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Oct 20, 2021
10/21
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. >> red hat was up 17% in a quarter and that wasn't enough grasso >> it's counter intuitive. i picked this years ago as my secular short. when i look at it now, i think i would be a buyer it is cheap, fits into the value bucket b, a yield of 6.4% you are not buying a stock for that, but it fits nicely into the value bucket if we see rates rise, i think this can outperform. if i told you this is up 12% and has outperformed apple for the year, you would scratch your head what would you do with apple you are not going to call that a secular short or something you should dump. it's a value tech stock. i think we are throwing out ibm a little too early or a little too late, however you want to look at your timeline. i think it's worth buying on this timeline. >> some interest in pintrest does this deal make any sense? >>> and later, las vegas vesand is moving lower on earnings. can get mers the powerful new iphone on us. so, should all our it move to the cloud? the cloud would give us more flexibility, but we lose control. ♪ ♪ ♪ should i stay or should i go? ♪ and we need insights
. >> red hat was up 17% in a quarter and that wasn't enough grasso >> it's counter intuitive. i picked this years ago as my secular short. when i look at it now, i think i would be a buyer it is cheap, fits into the value bucket b, a yield of 6.4% you are not buying a stock for that, but it fits nicely into the value bucket if we see rates rise, i think this can outperform. if i told you this is up 12% and has outperformed apple for the year, you would scratch your head what would...
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Oct 6, 2021
10/21
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marian mon tain and ceo fast money trader steve grasso himself.'s begin with the battle in the skies. wolf research downgrading delta to pure perform saying shares topped out at current levels they're bearish on hawaiian and allegiant. american was downgraded to sell. on monday barclays upgraded southwest and turned positive on the industry who has it right, dom? >> it is hard to say, only because there's unevenness with regard to the travel and lieshure second tour as of late. since the pandemic lows it has been firing on all cylinders we are trying to get back to normal tsa screening levels. what it comes down to is whether or not a lot of the demand for travel has been drawn forward. a lot of the folks have taken the plans, taken that time to kind of really get away and used up that vacation, used up the time and resources ahead of time now, here is the interesting part i have been looking at flights for lights on this year, early next they are really, really cheap, kelly. i mean you should look at, you know, after work today, just check it out
marian mon tain and ceo fast money trader steve grasso himself.'s begin with the battle in the skies. wolf research downgrading delta to pure perform saying shares topped out at current levels they're bearish on hawaiian and allegiant. american was downgraded to sell. on monday barclays upgraded southwest and turned positive on the industry who has it right, dom? >> it is hard to say, only because there's unevenness with regard to the travel and lieshure second tour as of late. since the...
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Oct 2, 2021
10/21
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. ♪♪ >> i hi, dick grasso, former nyse chairman sending hearty congratulations to the team at fox foreat years of broadcasting. you've set the gold standard in your industry. i look forward to the next 25. congratulations, fox. ♪ ♪ [crowd cheering] how's sanchez looking? with your qb's increased spin rate, any pass with a launch angle of at least 43 degrees puts sanchez in the endzone. you a data analyst or something? an investor in invesco qqq. a fund that gives you access to nasdaq-100 innovations like ai statistical analysis software. how am i gonna do? become an agent of innovation with invesco qqq. ♪♪ - [female narrator] around the world, 5 billion people lack access to safe surgery. become an agent of innovation with invesco qqq. children are suffering from treatable causes.. ..living with conditions many have never seen. for more than 40 years, mercy ships has deployed floating hospitals with volunteer doctors who give their time to provide the free surgeries these children desperately need. - i feel like my reason for being here is driven bylove . i think it is the love that c
. ♪♪ >> i hi, dick grasso, former nyse chairman sending hearty congratulations to the team at fox foreat years of broadcasting. you've set the gold standard in your industry. i look forward to the next 25. congratulations, fox. ♪ ♪ [crowd cheering] how's sanchez looking? with your qb's increased spin rate, any pass with a launch angle of at least 43 degrees puts sanchez in the endzone. you a data analyst or something? an investor in invesco qqq. a fund that gives you access to...
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Oct 11, 2021
10/21
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money that is going to cost outrageous, it is a policies that are in there, that is what senator john grasso about, these are policies that would put us on the road to socialism. >> in the way try to lower the price tag saying we will just start small and let them grow over time you and i know once a federal government program in place it is very hard, to it to ever go away their goal is you the complete takeover of the lives of american people which is why big government socialism it is -- an expansion of government and addiction to government like we have never even contemplated or seen before, joe biden has surrender to do socialist wing of the party even to the point holding hostage bridges ports airports highways things that american people actual want. >> only my only beef with senator is that he says there are you know, surrendering to socialist and party absolutely not, the entire democrat party is socialist i think we ought to 250uk about it as it is even again sinema manchin a problem getting a people addicted to government hooked on government depends used to lifestyle lower stand
money that is going to cost outrageous, it is a policies that are in there, that is what senator john grasso about, these are policies that would put us on the road to socialism. >> in the way try to lower the price tag saying we will just start small and let them grow over time you and i know once a federal government program in place it is very hard, to it to ever go away their goal is you the complete takeover of the lives of american people which is why big government socialism it is...