All Episodes

July 2, 2024 43 mins

Episode Date: Tuesday, July 2nd, 2024


Hosts: George Howell and Chris Carbonara


Rabbit 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: stockgamblersshow@gmail.com

Support the show at patreon.com/stockgamblers

Visit our site at stockgamblers.net


We will be off for the holiday.


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