Playing FTSE

Episode 40: Huge Earnings Review! Amazon, Alphabet, Teladoc and Lockheed Martin!


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Who spends the most time on Tinder? What’s happened to Steve W’s trousers? And who thinks that uncertainty is the new normal? Find out on this week’s Playing FTSE!

 

With Paul still unavailable, the Steves hold down the fort for another week. Having received their Squibbidends earlier in the day, the Steves begin with a game without a name, as Steve D asks the questions of self-proclaimed consumer goods enthusiast Steve W in another 1-player game involving working out which brands are owned by which companies. Find out who owns Scottish Power, which conglomerate owns Toblerone, and who makes Arm & Hammer toothpaste as Steve W tries to score more than 12 (Steve D’s score from the Bristol-Myers Squid Game.

 

After the game, it’s time for some more earnings. After a long week of Q3 reports, the Steves have two stocks each to talk about after the recent earnings calls. Steve D delivers another sermon from the mount on the growth of Teladoc. as the Steves think about growth, retention, and acquisitions. Next is Lockheed Martin, where Steve W updates us on the company’s shift from revenue growth to balance sheet powered returns and the Steves consider the company’s longer-term future. And we round out earnings with Amazon (a cyclical company doing cyclical things) and Google (which ploughs on impressively regardless).

 

Lastly, the Steves update on their attempt to contest Motley Fool’s David Gardner on his last ever 5 stock sampler. Four months into a three-year competition, find out what the latest scores are. Each participant has at least one company sandbagging their portfolio, as Alibaba continues to fall Peloton’s stationary bikes continue to go nowhere, and Scott’s Miracle Grow does the opposite of grow. Who will win? Find out in another 32 months…

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