Stock Talk - Charley Travers, Motley Fool
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Jonathan Cheng, WSJJonathan Cheng, WSJ
point to -- Is this part of what's being orchestrated by the Federal Reserve you know we've had 0% interest rates now going on five years. Is it finally is is what's happening here I've seen it 88 and where people say youIt raises you know pushes up the S&P 500 pushes up the Dow Jones Industrial Average . What you and I look at our for a one case we feel more confident we spend more money and that creates a virtuous cycle. That's the hope and it -- the wealth effect and some people say it's been five years we haven't really seen the effects but you could argue that we are starting just yet in the housing market -- starting this Viet. You know with hiring a little bit. But. We don't have a lot of -- There's a school of thought though Jonathan that the Federal Reserve shouldn't be acting in that capacity in terms of what you -- there. It -- when I drop and I studied the -
Caroline Ratcliffe, senior fellow at the Urban Institute
Caroline Ratcliffe, senior fellow at the Urban Institute
and 2000 and African American family thought their -- I about a Eric Anderson in comparison to white Stanley who -- that there was well all out by -- and. Widely again widely disparate deal because -
Warren Mosler discusses Deflation
Warren Mosler discusses Deflation
Would do what is your analysis tell you we will see for oil prices between now and the end of the year. Does that are we gonna decline and it that's an attack brake force. Itchief economist -- -- is it if it's daunting. To consider that oil prices are sat by like a handful people. It really isn't he didn't say it with such calm and ten cent certainty I -
What's Up On Wall Street - Deb Borchardt, The Street
What's Up On Wall Street - Deb Borchardt, The Street
is the big. And had a -- -- medical medicinal Canada for cancer patients And I if you watched Showtime's weeds. At the end of the reason they had that whole like legal marijuana for cancer patients and minds of. If she got a John and I do remember that. In fact. Play us out there at the company coming out this week and they have a product and they are expected to start to turn a profit. They have not. -- making money inspected and losing millions that there are expected to make a profit and they. Most of their drugs or pain drugs for cancer patients which act McConnell just did is that still good thing yeah but I think that Allen has really becoming interesting. He irreversible felony. It is going to give BI and asked why. And that's why I like it seek him Harris she's ready now went down play -- -- kind of IE yeah now I it's not a it's not a big deal at 68 million but I just being well liked -- that I'll I'd like to these stories of drug companies that help. Cancer patients and I like pat. You know they are expected to start to turn a profit and then and then not part of
Automatically Generated Transcript (may not be 100% accurate)
Thanks and good morning and welcome back good day on Wall Street so far stock market seemingly in positive territory with the exception of the NASDAQ. NG actively that an apple -- it down as apple goes so listen that yet does Dow is up 61 NASDAQ down five S and he is up to. Gold is up four dollars forty cents oil trading up 27 cents tenured US treasuries still sitting at one point 951. -- -- let's go to Charlie travels Travers excuse me he's at the Motley Fool it's got a couple stock picks for us. Charlie welcome to the show Daria Dolan. -- hey let's take a look at your first stock -- EnergySolutions. ES's the symbol currently trading at four dollars and 21 cents a share would be what it. Means and what they do it this and they put hazardous waste in this whole. -- so this makes it a wide moat business it's similar to landfill business nobody wants these things around. And so it's very hard to get permits for new ones which gives them a nice little -- we. It's in the middle of nowhere and why you talk so there's no nobody was around that staying out and and that's why it's so appealing to have. A rail access to it and you know they just halt stopped him from across the country. To process and dispose of hazardous waste. -- the most important waste that is going into this place is. Nuclear disposal. And that's really the big catalyst here is that -- nuclear power plants in this country. Are very old and a lot of them are clean offline they need to be decommissioned. And the does -- just get radioactive overtime in the decades at these things are run. And the best place to put that is the hole in the ground in the middle of nowhere and energy solutions has contracts with. Over 90% of the nuclear plants in this country to take care at their disposal needs. -- that the growth. Yeah like I about it is I hope it's a deep hole. I think it says I thought it -- -- they're they're losing money like how can they be losing money they have a monopoly. Great out so that's a little bit of some accounting nuances on the income statement they took a big goodwill impairment. And they are in the process of a ten year project where it acts a lot to do this decommissioning work on one of its nuclear plants in Illinois. Andy counts you know try to match up the expenses and revenue over that ten years and make -- one look little bad. They were actually fifty million positive cash flow last year to the income statement shows a loss but they are bringing in cash. All right so -- itself -- our stock what do you would you think it's gonna be worth maybe a couple years out. I think that they can land the more these nuclear disposal contract -- I think you know somewhere between eight. Ten dollars is what I'm looking that. OK now your second pick is our coast Dorado its holdings eight our CEO. What do they do exist or is this the McDonald's in South America are some. Exactly right you know also Arco's strategy means golden arches. And they have the exclusive right to own and operate McDonald's restaurants in Latin America they got that right from McDonald's in 2007. And so right now they have. 18100 restaurants in twenty countries possibly the big growth story I think they can double that -- count over the next decade. Brazil is by far their most important market Priscilla now the sixth largest economy in the world. He'll consider this split 200 million people living in Brazil there's only 600 McDonald's restaurants there right now there's probably -- the McDonald's in the Boston area. You -- results. I actually Archos and it's a well known brand. And they have dominant marketshare they have more on market share in the next five. You know fast food chains combined which include burger king and -- such as the -- either for the long term revenue growth story what very strong global brand. And it's eighteen dollars now would would -- price target on this two years out. I think between 25 and thirty dollars. While okay and the symbol for the Allen was a RCO well you know Charlie thank you very much for joining us appreciate your stock outs. All right that's Archos Dorado the symbol is ER CEO currently trading at eighteen dollars and 32 cents a share in the previous stock pick. I'm just getting it on my a it's the screen here EnergySolutions. ES. And it's actually now at four dollars and 22 cents per share that's where it's trading right now are.
