The macro picture might be putting a damper on guidance for some companies, but depressed valuations and climbing cash balances mean as the macro picture clears up, money could come back into the market in waves.
(00:21) Jason Moser and Matt Argersinger discuss:
- What Brian Niccol will need to do to turn around Starbucks as CEO, and how Chipotle will handle the departure of their superstar executive.
- Earnings updates from Home Depot, Walmart, and Brinker.
- Warren Buffett’s latest buys – Ulta Beauty and Heico – and what Berkshire and other smart money’s rising cash hoards might mean.
(30:45) Jason and Matt break down two stocks on their radar: Palo Alto Networks and Kenvue.
Stocks discussed: SBUX, CMG, HD, WMT, EAT, PANW, KVUE
Host: Dylan Lewis
Guests: Jason Moser, Matt Argersinger
Engineers: Dan Boyd
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