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This is Nick, this is Jack, and this is Snax daily, it is Friday, September 4th, snackers. The Dow slipped by eight hundred points. That's three percent yesterday for no particular reason, bringing back beginning of the summer vibe's worst loss since June 11th. But snackers stocks were up by four percent the previous ten days through story. So we're still up one percent over that span. You got to sprinkle some context on this thing. If stocks grew one percent every ten days, Jack, how would that look?


That would be a fantastically, fabulously good year of stock gains. Based on that context we decided to make today snacks daily, the best one yet for our first story. After 50 years of hibernation, Campbell's Soup had quite a twenty. Twenty. Yeah, canned foods are having a moment, but investors think you're full of soup. Second story, Samsung doesn't just make cell phones that burst into flame spontaneously. That is a fun feature of the galaxy.


That said, we're never going to forget about that story. The South Korean enormous company is two billion dollars on the biggest medicine factory in history. For a third and final story, the Jeep Grand Wagoneer, also known as the Woody the Beaver or the wood wagon, is coming back. Snackers Jeeps, two thousand twenty two. All new throwback is a shining example of turning nostalgia into money but snackers.


Before we jump into that wonderful mix of stories, happy Labor Day weekend. Our last pod before Tuesday, by the way. Now it's called Labor Day weekend because we're all working too damn hard. So I'm glad we're taking a day off. Yeah, it's also a four day work week and a three day holiday weekend.


Can somebody please make that permanent? Every week should be a four day work week with a three day week. Slap it on a bumper sticker. Make it a campaign slogan, Jaconi. We've been saying this for years. Someone could become president with that single make it the new normal. But in the meantime, treat yourself this weekend to some ice cream. And as you do remember, our dearly departed flavors over at Ben and Jerry's flavor graveyard. Jack, moment of silence.


From the Waterbury, Vermont based dairy company owned by Unilever that actually has a flavor graveyard on their corporate campus. It's a real tourist attraction because not all flavors make it in the big leagues like Cherry Garcia and American Dream Classics. Case in point, though, snackers pour scoop out for holy holy cannoli.


It was actually a Ben and Jerry's ice cream from nineteen ninety seven to nineteen ninety eight creamy ricotta pistachio and literally was Conolly ice cream the next one.


There's actually a tombstone for this. Sweaty balls was an actual flavor. 2011 holiday season limited batch twenty eleven to twenty eleven.


Inspired by an SNL skit and the third one in Vermont. Python, born in two thousand six, perished in thousand eight. Rubbish. Nice run though. No herring in this one. All knights of knee. That wasn't a nice move at all, wouldn't it? But snackers? No flavourless forever except for half baked.


We're thinking full baked should happen over with our buddies at Bettinger.


Ninety percent cookie dough. Ten percent ice cream. Our three stories. You're tuned in this next day. He spoke to the lawyers and we got to get some legal out of the way about the way food is seed candy. They don't reflect the views of the rabbi, her family. It's only formational. Just so you know, we're not recommending any securities. Nope, it's not a research report or investment advice not to offer a sale of a security by Nexxus Digestible Business Finance, LLC member Fagbug APEC.


For our first story, Geep just unveiled a whole new grand Wagoneer that's topping out at one hundred thousand dollars. Jeep is the latest company cashing in on nostalgia. Yes, a very high priced knackers. We're talking the two thousand twenty two Jeep Grand Wagoneer, a remake of the iconic wood paneled wagon on wheels. Full disclosure snackers. My family had a Wagoneer, a nineteen eighty eight Jeep Grand Wagoneer in the year 2000, the only car that incorporates timber and full disclosure snackers.


I once saw them fit an entire platoon of Jack Kramer's family in this thing.


Three in the front, three in the middle, three in the back was like an Amtrak warning when a wood wagon full of Kramers is coming, get out of the way.


Created in nineteen sixty three. It had an unchanged style until the last production in nineteen ninety one. It's back now, but outside of the seven in the Jeep Wrangler, this is the most recognizable jeep. You can Google it if you still can't picture what we're describing. The new one doesn't have the hallmark like wood panels on the doors, but instead it's substituted in insane luxury.


Nick, this thing goes up to one hundred thousand dollars, a jeep for one hundred thousand dollars, average car price. Jacquier we clocking in at these days like a third of that doesn't run on gas runs on caviare.


We're calling this thing the latest luxury ride for Weekend Warrior. And that's because you get two parents up in the front, but then you got five kids in the back, each with their own TV. That is not a typo.


There are seven, 10 inch screens in this Jeep.


Grand Wagoneer feels like Times Square. He got Francheska casting like Netflix on the left side. Finlay's bingeing on Max on the right side of the car. Each family member can be completely disconnected from each other because they're connected to their screens through Bluetooth from the phone. But this is why this one car is a much bigger deal than just one car.


Apparently, America has returned to the late 2000s when giant SUVs ruled the Earth, the Chevy Suburban, the Cadillac Escalade, the Ford Expedition, the Hummer make these things are tanks and SUVs put their own zip codes. They have a dedicated census taker fun fact.


The lower the gas prices, the bigger the big car demand and they are back. And despite the trends of electrification and autonomous cars, the SUV segment we've noticed is reverting back to importance.


We've covered on this pad the last few months the Hummer, Ford Bronco, the Jeep, Grand Wagoneer, they're all coming back and remade version. So you got like culture moving to the future with plant based everything, but then you've got a counterculture of us. Made SUV is also coming back. These are Titanic's and they are perfect for the entire family.


Heading from Nick's hometown of the Upper East Side to Jack's hometown amounts to Vermont for the weekend. And all the way, you can literally watch the entire Lord of the Rings trilogy. You could probably film the thing in this place so you can watch the movies at different times because there's seven different screens. So, Jack, what's the takeaway for our buddies over at Jeep and the entire car industry? Nostalgia is being commodities. And you see it in all these.


Don remet Jack, our favorite pastime, chatting with buddies about our favorite pastime soldier, our favorite consumer of pastime, Jack, new versions of things we used to love, stackers. There are two reasons we're seeing more nostalgia in the economy right now. And the first is that marketers are being lazy. Honestly, it's easy to just remake something. But the second is that marketers recognize that nostalgia is an emotion that drives spending. Movies are. With remarks like The Lion King, Top Gun, Zoolander two, you got stranger things popular because it reminds us of the 80s, even consumer technology like BlackBerry and Motorola razors, they're trying to make a comeback.


Tapping into our nostalgia, you can create an entirely new product and then convince people to love it. That sounds very hard. Or you can modernize something Americans already love and are sad is gone.


That sounds pretty easy for our second story, Campbell. Soup stock has never been healthier than during quarantine, but the stock just dropped seven percent after updating us on its plans for the future. Kind of nice for a company when global events result in people obsessively hoarding your core product.


It's not an apocalyptic bunker. No, unless it's stocked with cream of broccoli, jambalaya, slackers.


In the meantime, though, Campbell's Soup has seen its sales over the last three months jump 12 percent. That is really high growth for a company that sells food created by baby boomers. That's unchanged since baby boomers.


So I jumped in stacks and looked at this like product by product that looks like Prego. Saw sales jumped 19 percent last quarter. Right.


Campbell's Soup owns Prego and tomato sauce Tuesday and Wednesday and Thursday and Friday.


That's what you're having. They also on Cape Cod potato chips, whose sales were up seven percent, pairs nicely with Netflix and a cabernet. Yes, it does, Jack.


And then their core baby love soup. Soup sales surged a whopping 52 percent last quarter. Nick Foushee just clarified something on CNN. I better get a couple more cases just in case. Oh, and warning snackers. Apparently, Campbell Soup is running out of broth, chicken broth, which is, of course, the juice cleanse of soups. But the one thing, Jack, I noticed they're like really proud of over Campbell's Soup was they said they added six point four million customers across, quote unquote, all generations, including millennial cohort Campbell's Soup or millennials.


We don't like labels cohort's.


Sounds like a military summercamp. Please don't use that with us. How to alienate yourself from a millennial, refer to them as a cohort.


And then the CEO went a little bit further and said, you know what, the kids these days, they're mixing our soup with cauliflower rice, which is a great thing. Translation We know kids prefer a fresher and healthier food than what we have, but they need sauce for it and we can be the source of their soup is no longer the main product. It is now just something you sprinkle on what you actually want.


Overall, the earnings report sounds pretty good. So why did the stock plummet seven percent on Thursday? Jack, this feels like a moment for us to what's the takeaway for our buddies over at Campbell's Soup?


Customer growth is fun, customer retention is fun or snack past success is like already reflected in the stock price that you're seeing today. Where the stock goes from here depends on the outlook for Campbell's Soup in the future. It's not what have you done for me lately?


It's what will you do for me tomorrow? Well, the CEO just dropped this doozy. We all knew there would be a pivot eventually back to healthier recipes. That's depressing. And it didn't help that. The CEO then added, We may be a bit behind on our soup aisle of the future vision. This is Campbell's Soup. It's time to, like, keep millennials in their customer base for the long term, the biggest opportunity they'll ever have to keep us slurping.


And their biggest idea, to retain millennials and GenZE slippers. What is it? Jack Moore?


Soup of different flavors. Yeah. No special branding, no on the go packaging. No snack sized portions. Just basic. It looks like Campbell's not doing much to innovate, to retain millennials and Gen Zaire's for our third and final story.


Samsung is not the company you think it is. It's about to build the biggest drug super plant in the world.


If you don't have a drug manufacturing arm, what are you even doing?


Having your own biotech subsidiary is totally inss work in biotech. Saggers is using Kodak trying to transform into a pharmaceutical company. And we just told you how Nestle just bought a peanut allergy and Samsung's feeling the peer pressure and is building a two billion dollar super plant they just announced this week. We measure this thing out bigger than the luv. Now, the way this is working, they're not going to, like, come up with the drugs in a laboratory.


Now they're just going to mass produce. Yeah. So the pharmaceutical companies do all the research. Samsung does all the actual work. And Samsung's biologics division that this is in it seem drug manufacturing orders triple to one point five billion dollars in the past year. So there's two billion dollar bet on a new complex is that they think this is the kind of demand that's going to last long term post-Soviet.


Here's the thing about Samsung. It's actually Korean and it means three stars.


Yeah, those three stars we notice represent big, numerous and powerful. Those are synonyms.


But the same thing is actually Samsung's logo used to have three stars, but they ditched it. And now it's just the thing written on the bottom of your TV.


Yeah, it's going all the way back to nineteen thirty eight here when it was founded by a man who just wanted to have a small trading company selling noodles and fish. And today it is an unprecedented power in the South Korean economy for one company. Eleven percent of the Korean economy is Samsung, 78 subsidiaries and affiliates are just cranking out good economic output. Nothing freaks jack out more than a really high GDP ratio situation. No cell phones and semiconductors neck is what we all know.


Samsung for the most. They don't stop there. They're also pumping out fridges and washing machines.


And they're the Heavy Industries Division, which is apparently the world's largest shipbuilder in its class sizes shifts.


Oh, also, they have Samsung Life Insurance, and they don't want just that for white collar jobs. They also have hospitality, resort division, and they don't stop there. They have a advertising company.


This is like Wayne Industries Times one. It's a Batman worthy, complex structure. And each of those affiliate companies has its own stock. They're trained in South Korea, but not available in the United States.


And they're all loosely owned and controlled by the Li dynasty. A powerful family in South Korea.


By the way, Samsung also launched the Galaxy Z fold to last week snackers. We don't always cover Samsung because the company is pretty opaque and hard to understand and their stock isn't available here. And the Lee family should probably be succession season to South Korea division. So, Jack, what's the takeaway for our buddies over at Samsung? Apple focuses on quality. Samsung tries to do quality and quantity, emphasis on the quantity, smartphones. They're the most important product in the economy.


And it's Apple versus Samsung when it comes to that.


While Apple announces one iPhone per year, Samsung is selling over one hundred smartphone models.


And we noticed that Samsung does the same thing across all its divisions.


It's not just making one medication in this two billion dollar mega facility. It will be able to make any medication. That's because Samsung's corporate empire is all about providing a range of options. So it's able to provide customers a product regardless of the price point that customer needs. And honestly, not a strategy that Jack and I typically see in the United States.


Looks, though, like it's working because globally, 20 percent of smartphones are Samsung smartphones, big, numerous, powerful.


Jack, I'm going to miss you for the three day weekend, but can you whip up the takeaways for us before we leave? Jeep is bringing back the Grand Wagoneer, tapping into our nostalgia.


Kind of a lazy move, but it's easier to remake than it is to do something original. Second story, Campbell's Soup had a great run. Investors aren't sure it'll continue. Yeah, the kids are eating cauliflower rice now, so Campbell's thinks they'll want to integrate third of the story. We mostly know Samsung in the US as an electronics company, but it's really a one of a kind force in the South Korean economy. Now time for a snack for the Day, which comes from Thomas Baggio, lived in Portland for a while, but now he's hanging out in Hawaii.


Must be nice, Tom.


The reason we mention the Portland, he wanted to clarify something we mentioned on a body. We said the Portland Timbers, which is one of Portland's pro soccer teams. We wondered if they had a stump as a mascot. An easy thing for us to Google, but we didn't. So Tom is pointing out they don't have a stump as a mascot, but they do have a true outdoorsman who is a lumberjack as their mascot, a real live human being.


This soccer team literally has a guy who slices down a piece of lumber throughout the whole game wherever they score a goal.


He's got a chainsaw and it's basically like a whole bunch of slices of lumberjack.


You're such a natural. I can smell the bark. I can smell the bark right now, Nick. You know, I worked for one week in the winter of 2009 as a lumberjack and got fired. Snacker I go to this guy for my world needs. Jack taught me how to ride a bike. Now, before we go stackers, we want to say congratulations to Richmond and Camera in Provo, Utah. Just got married. And congrats to Ben and Emily for four years in Indianapolis, Indiana, and Ryan and Andrea in five years.


Alexandria, Virginia. AJ and catch a twenty three years destination unknown. Mandy and Briana Molen married this weekend. Tom and Kate and your congrats on getting hitched in Atlanta, Georgia. Matty MacRitchie moving to New York City. Love the move. And happy birthday to Salma Bulliet in Casablanca, Morocco, to Savanah Rowson in Muscle Shoals, Alabama and China. Sparks in Milford, Michigan, and Arpin Patel turning thirty two in New York City and Michael Chen in Hong Kong and Chad Leonard in Tacoma, Washington.


But move from the legendary southern Vermont shad where basically neighbors. I'm from Brattleboro, Samantha Rumsey, Cat Ramnath in Babylon, New York. Happy birthday. And Gustavo Torres from in Canada, Mexico. Happy 30th birthday to Steve and Barry in Los Angeles, California, from Tijuana. And Brad listening for one year to Snax.


Happy anniversary from Cincinnati, Ohio. Snackers, before we go, have a fantastic three day weekend. We're going to miss you guys. Oh, quick correction. Yeah. Brown-Forman, the liquor company based in Louisville, Kentucky, not Tennessee.


Our bet on that one. We're good for a Kentucky home of Muhammad Ali. Also snackers.


If you got buddies this weekend on the grill who's not snacking weird, could you ask him why twice a have you had? Your snacks daily, pass the ketchup. Have a great weekend and I'll see you Tuesday if you know. You know. This is Jack Nicholson, stock of Apple, the Robinhood Snacks podcast you just heard reflects the opinions of only the hosts who are associated persons of Robin Hood Financial LLC and does not reflect the views of Robin Hood Markets Inc or any of its subsidiaries or affiliates.


The podcast is for informational purposes only and is not intended to serve as a recommendation to buy or sell any security and is not an offer or sale of a security. The podcast is also not a research report and is not intended to serve as the basis of any investment decision. Robin Hood Financial LLC member, FINRA, SIPC.