We also answer listener questions about diversification in the S&P 500.
In this podcast, Motley Fool analyst Jim Gillies and host Ricky Mulvey discuss:
- A sporting goods retailer buying back a lot of stock.
- Aritzia‘s comeback year.
Then, Motley Fool host Alison Southwick and personal finance expert Robert Brokamp address listener questions about diversification in the S&P 500 and foreign stock sales.
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To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our beginner’s guide to investing in stocks. A full transcript follows the video.
Ricky Mulvey: It’s a retail special. You’re listening to Motley Fool Money. I’m Ricky Mulvey joined today by someone who doesn’t like debt at all. We could call him Canada’s Dave Ramsey. It’s Jim Gillies. Thanks for being here.
Jim Gillies: I’ve got more hair than Dave Ramsey, so that’s good.
Ricky Mulvey: For someone listening to the show for the first time, it may be a little confusing. Hopefully, if you’ve listened to the show before, you know I’m joking. Let’s close the loop on this story before we move on to some retail stories. Looks like they got the alleged killer of the United Healthcare CEO Brian Thompson catching him in a McDonald’s in Altona, Pennsylvania. He hasn’t been convicted, but boy, it sure seems like he has some incriminating stuff on him, got a gun, got a handwritten manifesto.
I’m closing the loop here with a Canadian with a few observations. One is that I want to bring it up on the show because this is the first major assassination of a business executive that I can think of. This feels historically significant. I can feel the Overton window getting larger and shifting in interesting and terrifying ways. As I’m reading these stories about American healthcare, I’m reminded in the comment section, you never know what someone’s going through. You never know what type of pain, financial hardship is on their plate and that they may be feeling anything, anything you want to add before we move on to some more standard stories.
Jim Gillies: Well, definitely asking the Canadian about the American healthcare system is absolutely value added content. I will say that regardless of what your opinions are about some of the stories you hear from the American system, and I hear a lot of them, and I generally have a I range from sadness to anger for a lot of them. I will say simply that I’m not sure anything justifies murdering a guy in cold blood, frankly. I hope this is a one off and not the start of a trend. I hope so, too. Once you’re calling for essentially your cheer-leading any killing behind a keyboard, I think that’s a dark and terrifying place to be. It’s not good. You’re the bad guy at that point, so don’t do that.
Ricky Mulvey: Let’s go. I don’t have a good transition. Let’s go to Academy Sports and Outdoors. It’s a sporting goods retailer. Let’s do what we do better, which is talk about earnings. This is a company that you follow pretty closely, so Academy Sports and Outdoors is basically think Dick’s Sporting Goods meets a little Walmart, meets a little TJ Maxx. They’ll sell you camping equipment. They’ll sell you hunting rifles, they’ll sell you basketballs and this is actually one that I own because Jim, when you talk up a retailer, sometimes I take action on it and put the stock in my personal account, so I’m riding this one.
