Paul’s back! What’s he been doing? Find out on this week’s PlayingFTSE Show!

All the best things come in threes. We’re back up to three on the podcast and Steve W’s family is up to three. In Steve D’s house, the animals are insisting that three is the optimum number too, as his cats are deciding there’s only room for one of them.

On the PlayingFTSE show, we like to keep things simple. So gaze in wonder as we proceed to take over an hour on a series of quick news items.

First up it’s NIO. There’s been a short report on the business lately, alleging that the company has been inflating its revenues. None of us owns the stock, but it’s an important story anyway. The Steves have been on the wrong end of a short report before, how would they handle it?

Second is news from Pinterest. This is a stock that we’ve talked about a lot and Steve D owns. There’s been a change at the top of the business – could this be a sign that they’re getting ready to transition on to the next stage of their development?

Steve D then squashes the rest of the quick news into the next five minutes and we get with the main content.

ARK are loving Zoom Video Communications at the moment. They have a huge price target on the stock and a business model that sees it as a spawner. Paul’s making the case for ARK’s view on Zoom, but Steve W thinks that detaching the noise from the fundamentals paints an interesting picture of the stock.

Zoom has replaced Tesla as the ARK lynchpin and Tesla has replaced a lot of its workers with nobody at all. Here’s another stock that we’re starting to see differently. Steve W is becoming more and more convinced by the business. Paul and Steve D are still nowhere close.

Speaking of Steve W, we’re finishing with Kellogg’s. They’re splitting their business into three parts – snacks, cereals, and plant-based foods. Steve’s been looking closely at this and owns some Kellogg shares for his godson. Is this a good move? And does anyone else care?