Stock Talk - RJ Hottovy, Morningstar
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Tami Luhby, CNN MoneyTami Luhby, CNN Money
out there. All my family is out and Antarctica there in -- hockey players all these Bruins players that you love -- -- where you think they're from either from you figure from Massachusetts. What -- -- the American players on the crossed amber is here now so why. Why did you leave. My dad a transfer okay Kampman you'd still be their -- guys that are not facts you'd go back tomorrow -- if you. The problem is I'm not a good enough occupier he it to be. Saskatchewan. Produces more hockey players per capita than any other place in the world to -- a -- paid attention the past couple weeks. But supposedly the number one hockey player in the world it turns out. He's not that Iraqi player you know he is that it is just that the other Canadian playing against -- is a better player. -- birdie is a better player than Sidney Crosby . When he doing and you look at the game of hockey -- get ready looks at the offensive side of hockey chemicals that yet now it's a two -- game you gotta be of the play defense Sidney Crosby can't play defense he sucks and the defense he's he's he's a wimp. And he doesn't play. That's an uncle Chris Chelios . Give me a belt made him but he running each. Is. Like rich rich this is embarrassing to to stop that knowing that Jack and Roenick now. Wage on the island -- got your -- -- these. Players I sound yet I've actually her -- The hall of famers I mean it the best like Bobby or he's from Canada and -- now he's from Saskatchewan. Wayne Gretzky he's from -- In isolating it like that's your national sport that you didn't see any baseball players made it in the -
Casey Ross, Boston Globe, on PriceWaterHouseCooper's
Casey Ross, Boston Globe, on PriceWaterHouseCooper's
right now are taking a look at the waterfront -- the new real estate option. Then moving to a different officers bank put you know they want to establish -- -- exciting new abandoned building and so. The seaports and interest and opportunity that drawing a lot of companies trying to. Why I think I like the financial district to that what's the big attraction of the seaport area you name it may be a mess it's. Poll. It's cheap and it's that's the main thing is that you know right up there looking around at look at okay -- and I moved to and another office building downtown and I stay put. You know that the currently rate or should I mean he moved to the seaport there's a -
Shawn Kravetz, Esplanade Capital
Shawn Kravetz, Esplanade Capital
been and then. We'd like to buy the whole company and then negotiated transaction . Do you own any shares in the company now. We do we heard the second largest outside shareholder. The family owns roughly 90%. Of this company. DE Shaw. Very very large hedge fund in New York City is the largest outside shareholder and we are number two. Why panel why they're why they hesitating to solitude they must feel that the shares are worth Maurizio I think I can conclude. Well. I don't wanna speak for them but I suspect you're right on the money. They had no idea that and they know there's a lot of value there. And I guess they're confident that someday they will get that we would like to help shareholders get that values sooner rather than later. Because. We thought the assets -- well. You made the statement that you feel the -
What's Up On Wall Street - Andy Cinko, Bloomberg News
What's Up On Wall Street - Andy Cinko, Bloomberg News
we asked a question of the day which had to do with Social Security And collect your Social Security for retirement age or are you going to collect literally. 73%. Of Americans collect their Social Security early in the vast majority of cases I think that's a mistake but people do it for any reasons. When I came up with June and I think is a good idea for us to talk about is you know we're sitting here and and and acting all high and mighty. As it relates to this discussion about Social Security in the back the matter is we have access to tremendous resources on this topic whether the courts are now ski. Who worked for the departments of security for 37 years or whether it's Chris Farrell was a reporter for Bloomberg we have access to a lot of data. What I would like to do is make this information on Social Security Tips to maximizing -- worst Social Security benefits I'd like to make it available to our listening. I think it's they I think it's important. You know people refer to it I think some 97 -- as areas of securities of Ponzi scheme this. I disagree with you respectfully -- disagree with you but you know -- more importantly. Please educate yourself on Social Security Call this phone number it's 508591. 5444. Asked for the guide about Social Security tell the I would pay -- wanna learn more about Social Security Barry seems to know a lot you know why I read a -- I studied this stuff every day it's what I do for a living. 5085915444. Is the number you should call. Call them. Tell -- you're listening to the financial exchange and you want to learn more about how he can maximize your benefits. Out of Social Security I think you'll be glad you made the call I know I was glad when I read the report on Social Security Maybe a more informed consumer. 5085915444. Up next Sean Kravitz he's the president of a hedge fund. That has been trying for
Automatically Generated Transcript (may not be 100% accurate)
-- your pen and paper ready it is time for stock topped with RJ -- out of the from Morningstar RJ -- -- -- -- about -- good good they had love your picks today were a talk about the first one Starbucks now it's down thirteen cents today but it's a 47 dollar share price. With the dividend yield in my cohost today came Harris. How much do you spend a Starbucks a week sound like I'm probably more than 47 out of 44 a fifty bucks a week she spends at Starbucks are Jake is LA like the stock it's got the of the young kids coming in. Yeah I think it's part of the reason that and I think that that the that the reason why the stock has been down lately is that the -- -- -- little -- -- traffic slowed down its US occasions towards the end of June and it's -- in July but this is coming up three years of very strong growth and the US stores and I think it's still brand that resonates well consumers that a lot of innovative things in the US stores you know exploring the idea of having. Beer and -- at the evening hours. You know just -- -- look at and I still think it's -- does very well in terms of the few applications but I think it's time to get through most of that about the businesses -- -- inroads in the consumer packaged goods -- beat -- via its policy which has been very successful. You know the recently -- -- -- that will be able to use of -- -- machine. And I think that and then he gets enough to cut about this business over the short term and they're watching in new at home brewing system called -- -- -- -- that will be sort of went to -- a number of other retailers this holiday season and -- on -- this is going to be the -- product -- -- holiday season. How is that different from the K cups. That they have currently the 100. It's different because the take a machine strictly for brewed coffee that today basically a Starbucks at home machines. You can -- battle coffee but also any espresso based strength to get that analysis skinny latte at home. Don't have to -- to source for -- patent system is substantial demand for this product and it's going to be a clear catalyst to drive results not not just because the product itself but because it's the rates are raised by a model where -- -- product but these talking and melt ponds at all on what that that are going to be very high margin products. How much are they gonna be -- Our pricing has not -- not released yet so -- wait -- -- but I would imagine it's going to be I -- product -- the teletype above what secretary machine and you. And probably over what you're saying from the green Mountain View machine as well. I know do you like McDonald's over Duncan. Duncan donuts. I -- I didn't think you know the valuation and -- muscle structure now and I announced probably but some say that you know and in your neck of the woods but I do like the company in terms -- in terms of growth strategy that different evaluation debacle that stretch -- -- -- McDonald on the other hand has actually served sort of personal wild trading at a discount -- group. Well another -- -- trading at average or PE multiple about 166 nap time McDonald's is in the 1415. Our branch -- hold back -- it's been as high as a 122 but -- 102 dollars and now to your points and 88. Yes exactly and that's been the victim of -- success I think more than anything else that's had a great three Iran -- -- stores sales for I have been and that demand that single digits. Decision at a time when most eloquent sort of trust a chance -- Possibly those declines and and you know if you have a three track record year you're just -- -- gonna have a little bit of a slowdown. This year is kind of a transition year terms of management and that had a couple belatedly product platforms that at a premium burger that didn't quite make it to me that many of the summer. But I -- people want to story is very much intact here and I think that they've got some compelling product pipe like coming up. That -- -- -- -- they got that wrapped which is a larger person other snack wraps yeah and limited locations -- -- I've -- -- product I think translate very well on their very portable and that he'd like a bit in terms of the beverage initiatives. You. You can look at on the global view of the things got a lot of room to -- yet. It does but it didn't they report recently in their same store sales aren't so hot. Did they weren't but again that that's kind of more between those situations where -- You're -- and three years strong numbers like a lot of the competitors you know I've been posting negative numbers and I think it's just more you know looking cycle days that. Yes Smart recycle -- and -- two years three victory your beta McDonald is still well ahead of their peers of respondents. As anything else and then that and I think a lot of competitions -- -- actually people copying without menu of the beef burger king and while the other acquisitions and just -- replicating what's meant McDonald was successful but I think McDonnell has yet in terms of innovation for the menu coming forward. Nor do we give us two picks and I think our way we decided that Starbucks losing about 47 dollars a share with your fair value estimate for both Starbucks. And McDonald's which is trading at 88 dollars a share. Sure so serve I just announced Starbucks does it -- Three dollars and it's probably a favorite short term take into a restaurant base but also the name that probably has been most. Potential upside options levers that they can pulse to drive valuation and a bottle of water -- speak Donald -- serve our investment ninety's. Four dollars per share. It's a little bit more a lot of contact we think it's probably gonna take two to three years Spitzer really I realized that children want that would we we like a dominant in the basement and -- think that deal blockers are still very much intact there. -- thank you very much RJ appreciate it give you one of the things about McDonald's came Izzy you're getting a dividend on you know so even if it just sits at 88 bucks for another year to. You -- -- paid and it's a company with a lot of cash the potential to increase that dividend and all of that because they can help you maintain honey your cost of living right break. Dave have we given away the drugstore gifts period are we have not yet they -- an end to win that we have to do folks just to reiterate it. Because it's a little new to not a gas card it's a drugstore cart. It when you hear the cash register ring. Be the fifteenth listener to text us your first name at 68680. And you'll win the had a cart. -- -- we're -- we come -- -- to take a look at some of your tax questions and comments as a relates to the Romney plan verses the Obama plan. For Medicare that more coming up on the financial exchange.
