Market Foolery, Oct. 29, 2013
The following video is from Tuesday's Market Foolery, in which host Chris Hill and Motley Fool analysts Mike Olsen and David Hanson give their Foolish take on the biggest investing stories of the day.
Appledelivered a beat on earnings as well as on revenue, and iPhone sales are up 26% year over year from fourth-quarter results in 2012, but the stock was flat on the news. Is Apple stock doomed to lag the market indefinitely? In the lead story on today's Market Foolery, the guys discuss why shares didn't pop after this earnings report, and what it means that Apple is starting to look like Microsoftdid a few years ago.
Then, a close look at why BP popped today. Shares of BP hit a 52-week high after Q3 earnings results came in. The company saw profits fall off 34% but is increasing its dividend. The guys discuss why the market is reacting the way it is to BP, what they think of the stock, and how it compares with some of the other big players in the energy space.
And finally, McDonald'sis dropping Heinzketchup, after Bernardo Hees took over as Heinz's CEO; Hees was formerly CEO of Burger King Worldwide. The guys discuss McDonald's relationship with Heinz, and why the move reminds them of a child throwing a tantrum.
The tech war rages on
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The article Market Foolery, Oct. 29, 2013 originally appeared on Fool.com.
Chris Hill has no position in any stocks mentioned. David Hanson owns shares of Apple. Michael Olsen, CFA, owns shares of Microsoft and ExxonMobil. The Motley Fool recommends Apple, Chevron, and McDonald's and owns shares of Apple, McDonald's, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
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