Stock Talk - Ken Shreve, TheStreet.com and RealMoney.com
Thu, 7 Jun 2012|
Ken Shreve from TheStreet.com and RealMoney.com discusses a few stocks.
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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)
Yeah. Stooges how many sick hazy taken near career. My career since they started work on all have you did he take in six days. And in the past -- -- ever taken a 66 days -- for wind of weird. That you can't take -- and that's on a bright but you think that's its previous academy of help. Remember I expect the rest of us I do ads as not ever call in sick and calling out that's just not -- people -- stuff away -- up in our next guest has never taken us. Ken Shreve is our next guest from history dot com I do again. Everything's great -- Oreo. Did you ever taken a sick they can. We're doing a poll. You know what I have. Can you yeah. Well of course you know I -- like to grind it out like the like the next guy but you know sometimes that gotta do what you gotta do. Like I should confess I've been sick I just come to work because I can get -- -- for everybody I can get more rest at the office and -- -- I've got a lot of us. That's the thing about you know you're you're you're you know you're you're -- -- -- -- -- -- -- had called him a comment and you know sneeze Aaron Aaron and kind of struggle. I'm gonna -- adjudicate. And a -- and then yell at me because I take a sick -- They can't let's talk about your stock picks first one dollar generally ever been in a Dollar General and yeah I don't really know I think it's a great thing because we do is they even give each of your kids a dollar write in and making going to buy whatever they want -- in a dollar general -- -- stores. You like the stock the American. Well the group is pretty strong argument you've got three main players there you -- at Dollar General you've got Family Dollar Stores outside FDO what you got -- dollar -- which is DL TR but my favorite name -- the group has. Dollar General they reported earnings -- earlier this week good bottom line and top line growth there earnings were up. 31% from a year ago sales up 13% to about three point nine billion so they beat estimates they raised their outlook a lot of that the one really interesting thing about Dollar General Barry is that in the company's press release they said they expect customers. Making 75000. Dollars a year or more. Our. Is a growing demographic for them which you know which was surprising to me a little bit I mean people are trading down the economy's soft they're looking and looking for deals but dumb. Everybody loves a bargain can write if you ever oriented by dish detergent for a -- rate. Or he not only -- -- -- should -- -- you'd be surprised I don't know I I I -- I'll tell you why I haven't -- into a family -- -- and -- know you know -- you know -- because I live -- dollar -- dollar to free world and I'll tell you why there's a big difference between the two. I am the female shopper in the room everybody okay so. Family Dollar not everything in that stores a dollar call dollar tree. Everything in there is a dollar -- dollar general's everything a -- and Dollar General. Yeah I believe so who himself had -- you know dollar dollar tree if you look at all restarts you and you look at you know the price performance of all three dollar tree. Has just been just fantastic price performer in the market my concern mayor for individual -- kind of weighing you know which which is the best -- -- -- -- like -- tip it to get a stock in the early stages of a move and I think that I think that the argument to demand a Dollar General probably there's a little more room for upside here. More so that that a name like. Dollar tree. -- -- base that on is that PE ratio on its twenty to 110. What that dollar dollar. The dollar. So direct and they're selling it twenty times trailing earnings about fifteen times forward earnings I think valuation is still -- is still pretty reasonable here I'm just talking about for as long as the company has been trading dollar tree -- a longer. A longer trading history and and and Dollar General. It's been running higher for a lot longer period of time. It just -- seems to mean that that that the growth story of ideal -- arm might. Already been on maybe perhaps a little more than -- Dollar General also and that that's really more of a technical taken as well because I used on the -- technical analysis when I would evaluate stock it looks to me like the big money. Probably has been made and and in dollar tree not so much with that would -- dollar general's self fundamentals are really solid here like the company's. A lot gross profit margins. You know right around 3132%. And you know it's it's it's a fairly defensive stock -- businesses is is very steady for these companies not only weak economy -- but -- get a decent economies as well. I talked to us about your next one night I've heard a Dollar General never heard a live person incorporated symbol LPS -- this is an eighteen dollar stock. Yes and you know I wrote about -- are basically getting a large cap name in -- and Dollar General at a small cap payment -- person because live person has a lot of -- like this it's a good attack name. -- they basically offer cloud based software which helps up mostly small and medium size businesses. -- facilitate online sales customer service communications in fact was sometimes you're on line. And usual pop -- windows Sony's saying you know and I can I help you -- you -- questions you have about the website that is a live person not technology -- -- the thing about -- person -- company market -- I think it's right around 900000900. Million dollars. Yep just just underneath that and -- a great top line growth mentioned 56 quarters and route 20/20. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- She had to continue to outperform forward. So it leaving it might be worth -- couple years from -- houses a thirty dollar stock. -- -- -- -- Yeah I mean it's so there is recently you know they've recently broke out into into new high -- it is a stock that I think is being discovered by by mutual fund managers that thing is -- -- only about 250 -- -- on the stock right now that's that's pretty light. Actually so. They continue to execute. Mutual fund ownership continued to increase in the stock which is always important for for a stock to keep moving higher. You know market up by 10% over the next you know twelve by twelve months or so I mean this could this could -- Olympic easily be up 20% or more. Ari what can we like it thanks very much for your time appreciate. Your entry -- to stock picks were Dollar General DG and life worsening. Eight to end LPS and as the symbol for life person.
