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Aug 15, 2020
08/20
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walmart, target are quite good but overstock, of the 88 stocks, overstock is the biggest weighting in xrt, it's 5%, the next closest is 2. they were basically priced for bankruptcy before covid hit, trading at $2 now at 100, that's a 50 bagger off the low. if you look at the stocks, all technology stocks, all stocks in the russell 3000 the number one performing is overstock and it's the biggest weighting in this equal weighted etf. too hot. >> we're also getting more numbers out of the semiconductor space. tony says this chip could rip on the announcement, what are you looking at >> i'm looking at invidia, the stock is incredible, driven off two sectors, gaming and cloud computing which in video has dominated even before covid and since covid we poured fuel on the fire we expect q2 earnings to be strong because you see gaming and semiconductors to be strong throughout covid but the important thing to look at this particular quarter is the guidance going into the second half of the year, predominantly around gaming which i expect to be very strong and this is coming down to the fact th
walmart, target are quite good but overstock, of the 88 stocks, overstock is the biggest weighting in xrt, it's 5%, the next closest is 2. they were basically priced for bankruptcy before covid hit, trading at $2 now at 100, that's a 50 bagger off the low. if you look at the stocks, all technology stocks, all stocks in the russell 3000 the number one performing is overstock and it's the biggest weighting in this equal weighted etf. too hot. >> we're also getting more numbers out of the...
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Aug 16, 2020
08/20
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we heard about overstock of the 88 stocks, overstock is the biggest weighting in xrt it's 5%. the next closest is 2. overstock is basically priced for bankruptcy before the covid hit. it was trading at $2 it's now at 100. if you look at all s&p 500 stocks, all technology stocks, stocks in the russell 3000, th number one performing stock of all stocks listed is overstock.com and it is the biggest weighting in this equal weighted etf >> that's staggering it's not just retailers set to report next week we're also getting more numbers out of the semiconductor space nvidia, tony what are you looking at? >> i'm looking at nvidia the stock is incredible. it's driven predominantly off of two major sectors which is gaming and cloud computing nvidia has pretty much dominated even before covid. since covid we've poured fuel on the fire we expect q2 earnings here to be fairly strong because you see gaming and semiconductors to remain resilient through covid predominantly gaming i expect to be very strong and this is coming down to the fact that you have an xbox launching in the fall. that
we heard about overstock of the 88 stocks, overstock is the biggest weighting in xrt it's 5%. the next closest is 2. overstock is basically priced for bankruptcy before the covid hit. it was trading at $2 it's now at 100. if you look at all s&p 500 stocks, all technology stocks, stocks in the russell 3000, th number one performing stock of all stocks listed is overstock.com and it is the biggest weighting in this equal weighted etf >> that's staggering it's not just retailers set to...
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Aug 14, 2020
08/20
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ov overstock is the number one holding. it's up over 1200% year to date. etsy is up 190%. wayfare is up 200% that's all outside you have to go with the amazons. i wouldn't be a buyer of any of these things that are up over 100% but you have to be a buyer of e-commerce walmart, where have they worked on for the last couple of years? their e-commerce, their platform but they're still stuck in a brick and mortar evaluation. as far as the retail community or the sector exists, it depends on those checks. 55% as bonawyn said in walmart comes from groceries you need those checks for groceries, those items that you can't do without if those checks get held up, i think retail should be okay. >> the risk is that when congress eventually some day in the future gets something done, hopefully, that those checks will actually be smaller than the $600 additional in benefits that people have been getting. will we feel that in that retail trade? >> i think a lot of it has to do with e-commerce and obviously the stimulus checks. that's going to be a big part of this whole thing e-commerce,
ov overstock is the number one holding. it's up over 1200% year to date. etsy is up 190%. wayfare is up 200% that's all outside you have to go with the amazons. i wouldn't be a buyer of any of these things that are up over 100% but you have to be a buyer of e-commerce walmart, where have they worked on for the last couple of years? their e-commerce, their platform but they're still stuck in a brick and mortar evaluation. as far as the retail community or the sector exists, it depends on those...
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Aug 11, 2020
08/20
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. >> it's a massive move off the bottom for overstock. little bit too rich for my blood, 444 times earnings. we understand the amazon effect f you're a row tailer out there you don't have a op line presence you will not survive a lot of people looking at big box retailers the place to be. i think you should avoid that. stick with the names that got you through this, amazons, overstock, some of the others. charles: any on the call, any names or parts of that you liked? obviously if we're really buying more. if we made the transition from general merchandise being bought more online and re brick-and-mortar, what are other ways to take advantage of that? >> i think we need to look at the ripple effect much anything. i don't think we take the investors to move them direct too retail purchases. we can talk about the infrastructure around it as well. the distribution. the movements we've seen in the carrier space. in conjunction with that, thinking about things like the infrastructure around cell phone towers, cell phone usage, 5g, going to mob
. >> it's a massive move off the bottom for overstock. little bit too rich for my blood, 444 times earnings. we understand the amazon effect f you're a row tailer out there you don't have a op line presence you will not survive a lot of people looking at big box retailers the place to be. i think you should avoid that. stick with the names that got you through this, amazons, overstock, some of the others. charles: any on the call, any names or parts of that you liked? obviously if we're...
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Aug 4, 2020
08/20
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. >> yep >> tiff, you have stocks that you like as well they're all for the most part in tech overstock, pinterest, tell us. >> absolutely. what i love about overstock is it does have the tech basic factor i like the fact it's solving an issue. it buys the excess inventor. it allows retailers and small businesses to sell their goods and platform i love that model. it's doing really well in addition to over stock i like mercadolibre i love the tech story. it's up 87% in the past three months 103% in the past year. i keep talking about what these companies are doing the past three months i'm a long term investor normally i'm not as concerned with performance over the past three months given this really crazy uncertain time we're in, i'm really looking at what companies have done in the past three months how they've reacted to this pandemic i also love, love, love pinterest. it provides inspiration for its users. it allows users to create these virtual vision boards. earnings were amazing. they are very against hate speech and said so when they opened the earning call. >> let's take a quic
. >> yep >> tiff, you have stocks that you like as well they're all for the most part in tech overstock, pinterest, tell us. >> absolutely. what i love about overstock is it does have the tech basic factor i like the fact it's solving an issue. it buys the excess inventor. it allows retailers and small businesses to sell their goods and platform i love that model. it's doing really well in addition to over stock i like mercadolibre i love the tech story. it's up 87% in the...
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Aug 17, 2020
08/20
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i want to be fair the etf includes host stocks, overstock, wayfair, also amazon. which analysts look to hear any executive comments on the rollout of walmart's subscription service to rival amazon prime. that could provide the juice to get the stock to break out again. kohl's reports in the morning. we're expecting a loss of 83% on drop of 26% on revenue. that should be $3.09 billion. kohl's is making advances on line. that is a positive. don't discount back to school spending. it will look different this year. it will come later. kids need classroom supplies at home plus the expensive technology. cheryl? cheryl: that is good point about check. homeschool is happening this year. lauren simonetti, thank you very much. appreciate it. lauren: don't i know? cheryl: you know very well. investors have been pouring into large u.s. stocks and cash to fight pandemic uncertainty but today's "countdown" closer says that is problem. mark madsen, founder, ceo of madsen money. mark, i known you for years. i followed you for years. you're saying this move whether into cash, big
i want to be fair the etf includes host stocks, overstock, wayfair, also amazon. which analysts look to hear any executive comments on the rollout of walmart's subscription service to rival amazon prime. that could provide the juice to get the stock to break out again. kohl's reports in the morning. we're expecting a loss of 83% on drop of 26% on revenue. that should be $3.09 billion. kohl's is making advances on line. that is a positive. don't discount back to school spending. it will look...
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Aug 18, 2020
08/20
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again, those people on sixth avenue are on amazon, not overstock.t: amazon this morning is, what, about $3200 a share. what a company. amazing. last one is restoration hardware. they have had a really good year. they are up again this morning. would you buy it at $317 a share? >> i think the stock goes to $500 easy. i say that for a reason. it's one of the few companies, you could argue amazon and overstock [ inaudible ] one another. rh really does not have much competition. what they [ inaudible ] in the furniture space. people have moved to the suburbs, are spending more money on their homes and rh is a direct beneficiary of it. they are going to start opening their european branches this coming year and when you see that, i just think the stock could easily double from here. it's nice to own a company that has a great product at a fair valuation with a long runway ahead of it. that's what rh is. stuart: it's moving up as you speak. got that one. last one is sonos. you recommended them i think back at $12 a share. they are at $14. are you still bu
again, those people on sixth avenue are on amazon, not overstock.t: amazon this morning is, what, about $3200 a share. what a company. amazing. last one is restoration hardware. they have had a really good year. they are up again this morning. would you buy it at $317 a share? >> i think the stock goes to $500 easy. i say that for a reason. it's one of the few companies, you could argue amazon and overstock [ inaudible ] one another. rh really does not have much competition. what they [...
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Aug 17, 2020
08/20
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apple 2 trillion watch this afternoon apple would need to hit 4457 we're at 458 per stock today overstock is an unploobelievaby volatile name, it's up 22% today. virgin galactic is coming back to earth watch delays are highlighting an uncertainty. it's under 18. finally take a look at bitcoin it's trading back at $12,000 that's the highest level in more than a year, flip side as we've been talking about in the past hour let's get to sue herera for our cnbc update. sue? >> hello, kelly, hello, everybody. some disturbing new numbers on covid and kids according to the cdc, the number of children infected with covid-19 is increasing a little over 7% of all reported cases were among children as of august 3rd children make up about 22% of the u.s. population. >>> cook county state's attorney general kim fox is found to have abused discretion in the case of actor jessie smullet they found abuses of discretion and failures >>> a heat wave continues to scorch the southwest united states 130 degrees was recorded in the death valley of california it is said to be the highest temperature ever recorde
apple 2 trillion watch this afternoon apple would need to hit 4457 we're at 458 per stock today overstock is an unploobelievaby volatile name, it's up 22% today. virgin galactic is coming back to earth watch delays are highlighting an uncertainty. it's under 18. finally take a look at bitcoin it's trading back at $12,000 that's the highest level in more than a year, flip side as we've been talking about in the past hour let's get to sue herera for our cnbc update. sue? >> hello, kelly,...
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into today 's session now the old momentum crowd looks tired in their new momentum darlings like overstock continues to surge, we've overall a remarkable week on wall street, but there does seem to be some confusion on where investors should be taking their next queue, so what do we need to do to keep this rally going into next week? i want to bring in global president heather zumaraga, ci financial company rob luna and strategic wealth planner ceo mark tepper. heather earnings season is a huge positive solid unemployment numbers this morning and even with the indecision overall market bias to the upside so what's going to be the spark though that really gets us moving perhaps next week? >> well look the nasdac is already at or reaching new all-time highs, almost every day and you can't discount the great jobs report we saw 1.8 million added 4.8% wage gains year-over-year and although the unemployment rate dropped to 10.2% that is extraordinarily high for this country. we're headed in the right direction millions of americans still need that unemployment that supplement all unemployment be
into today 's session now the old momentum crowd looks tired in their new momentum darlings like overstock continues to surge, we've overall a remarkable week on wall street, but there does seem to be some confusion on where investors should be taking their next queue, so what do we need to do to keep this rally going into next week? i want to bring in global president heather zumaraga, ci financial company rob luna and strategic wealth planner ceo mark tepper. heather earnings season is a huge...
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Aug 3, 2020
08/20
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but that virus then found prisons that were overstocked with people. nursing homes that were understaffed and underfunded. public health departments that have been underfunded for decades. hospitals that were stretched thin and ex-orbant amounts of money. the legacy of america's racism and colonialism that left people from indigenous and black and brown communities disproportionately affected by this virus. there are so many historical things that have come to roost right now. >> absolutely. and like you said, this pandemic has been both tragedy and teacher. and i think it's causing a lot of us to step back and say, okay, what is it about our history that we need to do a better job on moving forward? what can we learn from this? and one of the glaring issues you laid out in your piece was looking at the hospitals. and one doctor told you that hospitals are prepared for trauma like mass shootings or hurricanes but not a pandemic. why is that? >> so, they are prepared for short-term disasters, not long-term recurring rolling ones, especially not ones tha
but that virus then found prisons that were overstocked with people. nursing homes that were understaffed and underfunded. public health departments that have been underfunded for decades. hospitals that were stretched thin and ex-orbant amounts of money. the legacy of america's racism and colonialism that left people from indigenous and black and brown communities disproportionately affected by this virus. there are so many historical things that have come to roost right now. >>...
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as kevin mentioned, a couple of the haves, you gotaway fay and etsy and overstock. like a barbell.he middle. dixon and best buy did a good job pivoting but still have bricks and mortar. i certainly wouldn't want to be a old line retailer to adapt and adjust this kind of environment when behavioral patterns have changed so much. charles: are there any half names you like now as an investment, paul? >> as you note there, is always a place to find some good names. i mentioned dick's and best buy trade fine. i don't have an issue with them. personally we like dollar gen, deckers outdoor. two very different names. charles: okay. >> you look at dollar gen, both i think can go to 250. there is still a lot of upside but dollar gen has a tailwind. feels like they always beat gps. they pivot well. dollar general is into frozen, refrigerated foods now. doing a super job for the consumer. charles: they really are. meantime, folks, the market doing very well here, yet individual investor bullishness has plummeted. i think it's a shame that many people are probably missing the market. wall stree
as kevin mentioned, a couple of the haves, you gotaway fay and etsy and overstock. like a barbell.he middle. dixon and best buy did a good job pivoting but still have bricks and mortar. i certainly wouldn't want to be a old line retailer to adapt and adjust this kind of environment when behavioral patterns have changed so much. charles: are there any half names you like now as an investment, paul? >> as you note there, is always a place to find some good names. i mentioned dick's and best...
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Aug 16, 2020
08/20
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tony: likely the sale price -- when we have overstock, at the end of the season, we have to discountng mistake. what would the margins be if you didn't have the buying problem? jess: 40%. lemonis: this product is staying in the stores, but we have a buying problem. snowboard boots. jess: $25,000 -- again, coming in with a 31% margin that's got to be sale. lemonis: so, you didn't make your cut as well. what's the problem here, tony? jess: sale. tony: same problem. jess: definitely for overbuying. lemonis: who bought all these? i'm sorry. i didn't see your hand high enough. chris either bought too much or bought the wrong stuff, and in order to sell it, they had to discount it. when your product offering is as narrow as windward's is, the pool of people that actually want to buy it is too small. so the more you discount doesn't make the audience bigger. it just makes the profit smaller. to think you're gonna sell skateboards, paddleboards, and snowboards only is a giant mistake. ultimately, we want to service everybody, whether it's hiking or biking or anything else. salena: but we're
tony: likely the sale price -- when we have overstock, at the end of the season, we have to discountng mistake. what would the margins be if you didn't have the buying problem? jess: 40%. lemonis: this product is staying in the stores, but we have a buying problem. snowboard boots. jess: $25,000 -- again, coming in with a 31% margin that's got to be sale. lemonis: so, you didn't make your cut as well. what's the problem here, tony? jess: sale. tony: same problem. jess: definitely for...
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Aug 27, 2020
08/20
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we actually overstocked this year, because we knew it was going to be a higher than average hurricanee in good shape. we have plenty of funding from the disaster relief fund. and so, no one should worry about that in texas, louisiana, or arkansas this morning. >> all right. peter gainer, fema administrator, we do appreciate your help. thanks for being with us. we know you have a long day ahead of you. >> thanks, john. >> we are just getting our first look at aftermath of hurricane laura. more than a millions residents along the gulf coast had evacuated before laura made landfall. so homes are now destroyed. people are displaced. joining us now is dr. sanjay gupta. so sanjay, this is exactly what that area, of course, didn't need. obviously, the dueling crises of people being displaced by this. they generally go to packed shelters, and of course, coronavirus. so what as a doctor is your biggest concern this morning? >> yeah, this is something that louisiana, texas, they've been considering in the wake -- in the midst of this pandemic. we know that there was lots of medical resources br
we actually overstocked this year, because we knew it was going to be a higher than average hurricanee in good shape. we have plenty of funding from the disaster relief fund. and so, no one should worry about that in texas, louisiana, or arkansas this morning. >> all right. peter gainer, fema administrator, we do appreciate your help. thanks for being with us. we know you have a long day ahead of you. >> thanks, john. >> we are just getting our first look at aftermath of...
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Aug 5, 2020
08/20
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hardware and advertising, they aren't benefiting as much on the revenue growth as, say, a wayfair or overstock or amazon e-commerce getting more revenue boost than advertising in general. i do think a bigger opportunity going forward like pinterest where they start leveraging facebook boycott and our leverage suggesting they are doing so you have more ad impressions from advertisers and new gravitating to ott that happened to be boycotting facebook. >> what's the big threat, tom, to roku? >> the absolute biggest threat for roku is they swim with the sharks you think about couldn't be more challenging. they have strategic partnerships with amazon but compete against amazon, could be the same for google and others. the competitive set is the longest challenge for the company. they have carved out a niche and kind of an independent player in the category. >> where are we broadly, tom, on cord cutting from cable to streaming given the fact sports -- we've had a lack of live sports and people have been at home. what's happened with that? >> i would argue covid-19 has been full north in ott consumpt
hardware and advertising, they aren't benefiting as much on the revenue growth as, say, a wayfair or overstock or amazon e-commerce getting more revenue boost than advertising in general. i do think a bigger opportunity going forward like pinterest where they start leveraging facebook boycott and our leverage suggesting they are doing so you have more ad impressions from advertisers and new gravitating to ott that happened to be boycotting facebook. >> what's the big threat, tom, to roku?...
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Aug 21, 2020
08/20
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. >> yeah, yeah, so secondipity sources returns and overstock electronic devices and they have access-end device at a big discount, so right now there's lots of headphones and computers and laptops and things there and so it's going to make that setting up your home school a little easier and a little easier on your budget and then notebooks for students is a great nonprofit that sells like new refurbished computers and laptops and they come with a free four-year warranty and some free preloaded software. it applies to any student, so high school, college, trade or vocational schools as well, and they offer a lot of support to get you set up at home. >> so many families right now are just starting to get these setups if they haven't done it already in place for when school starts. you've also got lower cost gadget options on the list there. >> yeah, lots of stuff you can get. the one thing you have to get is headphones because you're going to have a bunch of folks zooming all over the house and for the little ones especially you want to make sure they get good sound but hearing protec
. >> yeah, yeah, so secondipity sources returns and overstock electronic devices and they have access-end device at a big discount, so right now there's lots of headphones and computers and laptops and things there and so it's going to make that setting up your home school a little easier and a little easier on your budget and then notebooks for students is a great nonprofit that sells like new refurbished computers and laptops and they come with a free four-year warranty and some free...