Playing FTSE

► Episode Notes:

Who looks like they’e swallowed a Forterra brick? Find out on this week’s PlayingFTSE Podcast!

Steve and Steve have a lot to get through this week. They’re talking about Buffett, Banks, and the Piper Sandler survey of what US teens like buying. 

But first of all, Steve W has some out-of-date news about Kellogg’s. The most exciting and dynamic company in the world has a suitably exciting and dynamic name for its new business – what is it?

After that, it’s time for some news about Amazon.com. Andy Jassy has written his second ever annual newsletter to shareholders and the Steves are talking about logistics, AI, chips, and more.

Next up is Warren Buffett, who’s been talking to CNBC lately. Steve W was entertained in what he’s done with his new Amazon shares and Steve D’s interested in what he’s up to in Japan.

After that, it’s on to the US banks. Buffett might not trust their earnings but Steve W thinks they’re interesting. Which of the big US banks didn’t get a pop after earnings? 

Lastly, we’re finishing with a survey of what US teens are buying – often an indication of the future. But what does either Steve know about being a teenage girl in the US? 

Only on this week’s PlayingFTSE Show!

► Episode Notes:

How many pizzas can a robot make in an hour? Find out on this week’s PlayingFTSE Show!

Steve and Steve are in to see out the first quarter of 2023. We’re looking forward to the new ISA season and have some stocks on our radar. 

But first, there’s been some news. No, really, there actually has – it feels like not much has happened this week (apart from more bank turbulence) but the Steves have stuff to discuss.

First: the recession in the UK is cancelled. Again. I know we said this before, but we mean it this time. Steve W’s been looking at the latest revised data from the Office for National Statistics and wondering about its significance for two of the FTSE 100’s worst-performing stocks over the last year – Persimmon and SEGRO.

Second: Morgan Stanley has released its top picks for investors focused on quality. The top three all come from unpromising sectors – a trucking company is #3 and a bank is #2. Top of the list, though, is one of Steve D’s very own stocks. What is it and why does it look like a winner?

After that, it’s the bit that everyone loves. It’s new ISA season in the UK coming soon and we’ve got stocks to look at. Steve D has found a company called Middleby. They’re an impressive-looking restaurant equipment stock. A very nice business model that looks a bit like Intuitive Surgical with a P/E ratio under 20. 

Steve W is also looking at the catering space, but at a company involved in much more disposable products. He’s got his eye on Bunzl, a FTSE 100 distributor of recyclable grocery packaging, disposable cutlery, road cones and more. The company resembles Diploma – a FTSE 250 stock Steve likes – and it also curiously resembles Middleby…

All on this week’s PlayingFTSE Podcast!

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12:50 UK Recession Is Cancelled 

23:25 Morgan Stanley’s Top 30 for 2025

33:06 Middleby

48:08 Bunzl

► Episode Notes:

Who’s come up with a hot new SAAS company? Find out on this week’s PlayingFTSE Podcast!

Steve and Steve are in this week to talk about the Budget, the Banks and some earnings from Adobe. But first, Steve W has made a blunder…

Last week, when we talked about Freetrade, the Oxford arm of the PlayingFTSE team got something very badly wrong. He’s here to put it right, but what did Steve W miss last week when we were looking at UK brokerages?

Just to keep things balanced, we’ve also got news from Trading212. The UK brokerage that both Steves have their ISAs with has come out with an offer that’s left them a bit disappointed – what’s been going on?

Meanwhile, there’s been a budget announcement in the UK. What does it mean for Steve and Steve? Not a lot, but that doesn’t stop them having some views on the subject that might surprise you…

After that, we can’t avoid the situation with the banks any more. SVB is a goner, but with other banks in the US and the UK falling too could this be a golden opportunity or are the risks just too great?

It’s not all about the US and the UK on this show, though. Where there’s a banking problem, there’s usually Credit Suisse – the perennial problem child of the investment banking sector – and this time’s no exception. But what’s Steve D seen here?

Lastly, we’ve got the earnings from Adobe to think about. Steve D thinks these were impressive, but the big question for us is always: is this stock a buy?

Only on this week’s PlayingFTSE Show!

Whose TV has a big white line down it? Find out on this week’s Playing FTSE Podcast!

Steve and Steve this week are looking at more earnings. Berkshire Hathway, Salesforce, Okta, Rightmove, and Zscaler – find out what the Steves think about how they got on.

First up is Rightmove. Their most recent earnings report suggests that the Steves have misjudged the risks here in quite a significant way – how??

Next is Salesforce, which was up sharply this week after its earnings. Strong growth and a share buyback scheme moved things along nicely, but do either of the Steves want to buy it?

Then its over to the opposite of a tech stock – Berkshire Hathaway. Warren Buffett’s company reported a net loss this year – what’s going on there??

And we’re finishing with some cybersecurity. Okta and Zscaler both announced some interesting results, so what does Steve D think about them?

Only on this week’s PlayingFTSE Show!

► Steve D on the Investor Way: 

https://open.spotify.com/episode/52ceZcL4g0fQTY4L2xWpt1?si=6Fo3NsRqTnyQ7InQOLkOKA 

► Episode Notes: Who has a middle ear? Find out on this week’s PlayingFTSE Show! 

Steve and Steve are in this week to talk about growth stocks, dividend stocks, and value stocks. We’ve had another week of earnings and there’s lots to talk about. We’re starting off with a PlayingFTSE favourite – Teladoc. The stock is down yet again after even more goodwill writedowns. But could the worst be in for the Cathie Wood favourite? 

Then it’s on to Realty Income. The stock is a favourite of dividend investors everywhere and Steve W owns it, too. But he’s mindful of the bear case for O shares. What does the future look like? 

After that, it’s over to Etsy. The handmade sales platform has been acquiring other businesses… and writing them down as they go. Steve D owns this in one of his portfolios, so what did he make of its latest results? 

Next, we’re looking at MercadoLibre – Latin America’s answer to Amazon. The company continues to grow both its e-commerce platform and its payment processing. Does the stock still look expensive at 2020’s prices, or has the business caught up? 

And finally, we have a new stock to talk about. Dutch Bros runs a chain of coffee companies. Rather than franchising, they prefer to own their outlets outright. But could this be the next Starbucks? 

Find out on this week’s PlayingFTSE Podcast! 

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► Timestamps: 

0:00 Intro

► Show Notes: What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy 

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What’s Steve D been thinking about in the middle of the night? Find out on this week’s PlayingFTSE Show!

Paul is back! And we’re celebrating by talking about some of our favourite things – earnings reports and 13Fs filings.

Steve W has been looking at what Berkshire Hathaway has been up to. They’ve been selling banks (as he’s been investing the other way) but they’ve been buying Apple shares, which is more like it from his perspective.

Then there’s news from Twilio, Steve D has been loking at this one. The stock is unprofitable, but there’s a buyback coming and a pivot that’s catching his eye.

After that, it’s back to the steadier fare of consumer defensives. Steve W has been looking at Kraft Heinz, which he thinks is sneakily doing better than a lot of people are thinking.

Next, it’s AirBnB time. There’s not much to dislike about the  company’s most recent earnings report and the stock is close to its IPO price, so what’s bothering Paul about the company?

And we’re finishing with Monday.com – completing our roundup of the tech stocks for this one. Another strong report, another buying opportunity? Steve D has the details.

Only on this week’s PlayingFTSE Podcast!