Becker Private Equity & Business Podcast
5 Stocks We Are Following Currently 2-1-25
Sat, 01 Feb 2025
In this episode, Scott Becker breaks down a turbulent end of the week in the markets, highlighting major stock movements.
Chapter 1: What stocks are being watched this week?
This is Scott Becker with the Becker Private Equity and Business Podcast. Here are five of the stocks we're watching, the stories we're watching. At the end of Friday, you'll probably get this Saturday morning. Thank you so much for joining us on the Becker Private Equity and Business Podcast.
Chapter 2: What caused the market downturn?
So the first thing that happened is here, it ended up being sort of a disaster in the day in the markets, which started off as... It's a good day, rebounding from the early start of this week with the deep seek disaster. Ended up as a down day, down about 1% today after it looked like it was going to be pretty positive day throughout the day. So that's a little depressing, but it is what it is.
Chapter 3: What happened to Decker's Outdoor stock?
A few other stocks that we're watching, Decker's Outdoor, which most people don't know that brand that well, but that's the maker of Hoka's. And so if you're my age, you know what Hoka's are. They ended up getting just crushed today, down about 20% and having a very hard time on earnings. The flip side is another stock that some people do know of that's RH, which is HIMS and HERS.
Chapter 4: How did HIMS and HERS perform today?
HIMS and HERS is, of course, the telephonic prescriber for erectile dysfunction medicines and so forth. They rocked it today, so they're up 10%. So in terms of middle-inch stocks, HOKA's down 20%, HIMS and HERS up 10%. Now, in terms of two other stocks that we have our eye on today, Walgreens Boots Alliance, for the first time in 90 years, suspended their dividend.
Chapter 5: What significant change occurred with Walgreens Boots Alliance?
Third down, finished down about 9%, 10% today. Tim Wentworth, who took over as CEO from Roslyn Brewer, must be wondering some days why he took this job. It seems like running Boeing. There's one challenge after another that he feels like he's got no control on. And he's doing as good as he can to try and take care of a company that overextended itself.
went in all kinds of crazy directions and is trying to find itself so that's that's uh walgans and and tim wetworth and what he's trying to do there the fourth stock that we're following today you know to go with this day that's been a disaster in the market it says grinder and we often talk about grinder the same days that we talk about hims and hers grinder which we think should be so correlated
with hims and hers is actually ending flat today for my friends that always comment when we discuss grinder and hims and hers and so forth again the text is 773-766-5322 again decker's outdoor got crushed today wogan's got fresh today hims and hers is way up heading way up and both basically grinder is flaccid thank you for listening to the becker private Business Podcast.
Again, the markets ended today, not as bad as the day that deep sea thing hit, but on a very negative note. Thank you for listening to the Becker Private Equity and Business Podcast. Thank you very, very much.