Becker Private Equity & Business Podcast
5 Stocks That Got Hammered Yesterday 3-5-25
Wed, 05 Mar 2025
In this episode, Scott Becker breaks down five major stocks that took a hit on Tuesday—Best Buy, Wayfair, KKR, Affirm, and Whirlpool.
Chapter 1: What stocks got hammered yesterday?
This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is five stocks that got hammered yesterday. And here's the five stocks. And we'll also talk about the new, new thing in financial reporting and discussing earnings and releases. So the five stocks that got hammered yesterday are well-known names or at the top of the charts, losers yesterday.
Chapter 2: What are the implications of tariffs on these stocks?
And not how Donald Trump says, oh, they're a loser. These are stocks that just lost money yesterday in share price. These were Best Buy, Wayfair, KKR, the private equity fund company, Affirm, and Whirlpool. All five took it on the chin yesterday. Now, I don't want to understate this because tariffs will be a problem going forward for companies, and companies will adjust to it.
Chapter 3: How will companies use tariffs as an excuse for struggles?
It will still be at the tariffs gap and so forth and so on. But the thing I will say, what you're going to see now is every company that struggles in any way is going to now start using tariffs as the excuse for why they're struggling.
So, for example, if I was running a lemonade stand on a Saturday afternoon, picking up on the political winds, I would say that sales were down that Saturday either because of tariffs or or climate change. Of course, both would be ridiculous. It's almost like a year ago, every company started to talk about, when they're trying to puff up their stock price, how they're adapting to AI.
The new, new thing is going to be talking about tariffs, maybe climate change still, maybe AI, but tariffs will be the new excuse for anybody who's not performing as they want to perform, or to sort of sandbag, to sort of expect lower results than what better results be liked by the street. In any event, thank you for listening to the Becker Private Equity and Business Podcast.
Thank you very much.