SG S02E16 05/14/2024

In the latest episode of Stock Gamblers, hosts George Howell , and Chris Carbonara , dive into the world of stock market news and analysis. The main stock news segment, covers several major stories. Bud Light continues to see declining sales after a 2023 boycott, despite Anheuser-Busch InBev's strong Q1 results, with Molson Coors and Constellation Brands (Modelo) benefiting from Bud Light's losses. Analysts suggest Bud Light may struggle to regain its former market position. Meanwhile, Donald Trump plans to rapidly introduce new tariffs if he wins a second term, potentially leveraging the International Emergency Economic Powers Act and Section 338 of the Tariff Act of 1930, which could significantly impact global markets and inflation. Pizza Hut introduces a new Cheeseburger Melt to attract burger enthusiasts, despite the challenges of expanding beyond its core offerings. Comcast announces a new "StreamSaver" bundle, including Apple TV+, Netflix, and Peacock, aiming to provide better value and reduce customer churn amid rising streaming costs. Additionally, GameStop stock soared up to 110% following a post by "Roaring Kitty," renewing interest in meme stocks and causing significant losses for short sellers.

In the expert picks segment, Motley Fool recommends Celsius Holdings, a zero-sugar energy drink company disrupting the market with a strategic distribution deal with PepsiCo for U.S. and international growth, despite challenges like supply chain issues and maintaining brand loyalty. Barron’s highlights 3M, which, after spinning off its healthcare unit and settling major lawsuits, is now leaner with a better financial outlook under new CEO Bill Brown. The hosts share their own picks: Carbo recommends Scholastic, noting its solid P/E ratio and dividend yield, and Brookfield Infrastructure, highlighting its strong growth potential and high P/E ratio. George picks Walmart, discussing its plans to cut corporate jobs and relocate remote workers to enhance company culture.

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