MarketFoolery: Nov. 19, 2013
Nov 19th 2013 7:12PM
Updated Nov 19th 2013 7:14PM
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
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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 .
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