Blue Line Capital president Bill Baruch and analyst Jannis Meindl lay out the landscape as markets were rattled by more hawkish comments from Fed Chair Powell on Capitol Hill. Putting things in perspective ahead of Nonfarm Payrolls on Friday, we lay out the underpinnings of the macro landscape and what they mean for stock prices. We also talk about 3 stocks: Schlumberger as a picks & shovels play in oil & gas, Palo Alto Networks as cybersecurity continues to be a predominant theme among private and public sector institutions, and Uber in a business transformation to more resilience & profitability.
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We provide free access to the episode's chart pack, including all of the data discussed.
0:00 - A Hawkish Jay Powell Ahead Of More Data
5:27 - Schlumberger - Playing Offshore Oil & Gas Activity
13:04 - Palo Alto Networks - Cybersecurity Spending Trends
18:55 - Uber - Looking Beyond Ride-Hailing
Bill Baruch is the founder and CEO of Blue Line Capital. All opinions expressed by Bill and podcast guests are solely their own opinions and are not intended to provide specific advice or recommendations. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Understand your financial condition before investing. Blue Line Capital, its staff, or its clients may maintain positions in the securities discussed in this podcast.
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