MarketFoolery: Nov. 19, 2013
The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill and Motley Fool analysts Mike Olsen and Taylor Muckerman take a Foolish deep dive into the biggest investing stories of the day.
Great numbers across the board this quarter from Home Depot, with Q3 profit up 43% and same-store sales and average ticket also up. But at 20 times earnings, just how much further can this home-improvement retailer go? Mike and Taylor take a look at Home Depot as well as Lowe's ahead of its earnings tomorrow and whether these boats will be buoyed by the same rising home-improvement tide.
Then, Campbell Soup profits came in well below estimates this quarter, leading the stock to sell off more than 6% today. Was this just an off quarter as warmer temperatures depressed soup sales, or is it something far worse? Our analysts take a look at what's eating Campbell Soup stock today.
And finally, to the surprise of bears everywhere, prior to its earnings release yesterday, Best Buy was the best-performing stock of the S&P 500 for 2013. The company's Q3 profit looked good, although revenue came in a bit light. But is this stock-price run-up a lot of enthusiasm over a company that is fundamentally in trouble at its core? Taylor and Mike take a look at Best Buy, why it has been such a strong performer in 2013, and whether this is an actual turnaround or just temporary market excitement.
More Foolish insight
To learn about two retailers with especially good prospects, take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.
The article MarketFoolery: Nov. 19, 2013 originally appeared on Fool.com.Chris Hill , Michael Olsen, CFA , and Taylor Muckerman have no position in any stocks mentioned. The Motley Fool recommends Home Depot. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.