{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/64a970aed5d98f00116efc05/6668dcfd2868cb0011f19cc9?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"SG S02E18 06/11/2024","description":"<p>Stock Gamblers Podcast Summary - June 11, 2024</p><p><br></p><p>Intro Discussion:</p><p>- George and Chris chat about recent travels and venture capital events.</p><p><br></p><p>Market Recap:</p><p>- Fed Interest Rates: Investors are bracing for the Federal Reserve's update on 2024 interest rate cuts. Previously anticipated three cuts might now be reduced to just one due to persistent inflation and a strong labor market.</p><p>- Boeing Orders: Boeing's stock fell after only four orders and 24 deliveries in May, highlighting ongoing production issues.</p><p>- Nvidia Stock Split: Nvidia's stock rose nearly 1% post a 10-for-1 split, aimed at attracting retail investors. The company has a market value over $3 trillion.</p><p>- Shopify Outlook: J.P. Morgan rates Shopify as an Overweight buy despite recent losses, seeing significant market potential.</p><p>- Apple Surge: Apple added $215 billion to its market cap, closing in on Microsoft as the largest U.S. company, driven by positive AI strategy reviews.</p><p>- Natural Gas Prices: Natural gas surged over 7% due to forecasts of extreme heat in the U.S.</p><p><br></p><p>Previous Picks:</p><p>1. Cerner Corporation (CERN)</p><p>2. Avery Dennison Corporation (AVY)</p><p>3. American Water Works Company, Inc. (AWK)</p><p>4. Eastman Chemical Company (EMN)</p><p>5. LKQ Corporation (LKQ)</p><p><br></p><p>Roll Them Dice:</p><p>- Randomly selected companies for stock analysis:</p><p>&nbsp;- AT&amp;T Inc. (T)</p><p>&nbsp;- Nvidia Corporation (NVDA)</p><p>&nbsp;- JPMorgan Chase &amp; Co. (JPM)</p><p>&nbsp;- Amazon.com Inc. (AMZN)</p><p>&nbsp;- Visa Inc. (V)</p><p><br></p><p>Expert Picks:</p><p>- Motley Fool: Recommends Shopify as a buying opportunity after recent stock declines.</p><p>- Barron's Picks:</p><p>&nbsp;- WD-40 is seen as a buy despite a tough quarter.</p><p>&nbsp;- Lockheed Martin's stock, despite past underperformance, is recommended due to improving conditions and backlog increases.</p><p><br></p><p>Host Picks:</p><p>- Carbo: Chooses Nvidia post stock split and The Metals Company for its recent gains.</p><p>- George: Highlights Eli Lilly's Alzheimer's drug progress, boosting the stock.</p><p><br></p><p>Thank you for listening to Stock Gamblers!</p><p>Write us at: stockgamblersshow@gmail.com</p><p>Support the show at patreon.com/stockgamblers</p><p>Visit our site at stockgamblers.net</p>","author_name":"Stock Gamblers"}