Salesforce, Diageo & Why Savings Rates Are Dropping!

Playing FTSE

► Get a free share! This show is sponsored by Trading 212! If you'd like to sign up for an account and get a free share you can do so on the link below! https://www.trading212.com/Jdsfj/FTSE ► Get 15% OFF Finchat.io: Our friends at Finchat.io have kindly offered our subscribers 15% off any paid subscription on their site. We highly recommend this tool for stock analysis and summarising earnings calls! https://finchat.io/playingftse/?lmref=iQl2VQ ► Episode Notes: What’s Steve D been thinking about in bed this week? Find out on this week’s PlayingFTSE Show! There’s been a lot going on in the world and Steve and Steve are on deck to talk about some of the highlights. They’re talking bank accounts, earnings, and a stock for investors to consider buying. Marcus have been pulling in their interest rates – and both Steves have noticed it. Holding cash in the Goldman savings account isn’t as attractive as it might once have been. There’s now clear daylight between its rate and the rate on the Trading212 account. But Steve W is wondering whether this might be a sign of things to come. If rates are about to come down, dividend yields are likely to follow. So could time be running out to invest in the stock market with prices at bargain levels? The latest earnings report from Salesforce is also out. The market didn’t much like it, with margins coming down, but Steve D thinks there’s a lot to like about it. Stock-based compensation is relatively high, at 8% of revenues. But is this something investors should be ok with given the company’s performance across the board? Growth has been strong across the board and Salesforce is in a position where nobody wants to compete with them. With the stock down, Steve D is having a closer look. Steve W has been looking at Diageo. With the FTSE 100 up solidly over the last year, the stock has been going the other way. A strong brand portfolio and a huge distribution network give it a big advantage over its competitors. So why has the stock been going backwards? A premium portfolio in a world of high interest rates hasn’t been a winning combination. But with Guinness holding up well, Steve W thinks things might be about to turn around. ► What We Consumed This Week: ► Support the show: Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse (All proceeds reinvested into the show and not to coffee!) There are many ways to help support the show, liking, commenting and sharing our episodes with friends! You can also check out our clothing merch store: https://playingftse.teemill.com/ We get a small cut of anything you buy which will be reinvested back into the show....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?) ► Timestamps: 0:00 Intro & How’s Your Week Been? 7:47 Savings Rates Are Being Cut 20:55 Salesforce 43:58 Diageo ► Show Notes: What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy ► Wanna get in contact? Got a question for us? Drop it in the comments below or reach out to us on Twitter: https://twitter.com/playingftseshow Or on Instagram: https://www.instagram.com/playing_ftse/ ► Enquiries: Please email - playingftsepodcast@gmail(dot)com