Daniel Martins from Seeking Alpha talks about Chilean wine company Concha y Toro as a potential investment.
Martins talks about the company's Chilean heritage, noting its authenticity compared to other wine companies. When discussing the company's market potential, we discuss millennials' affinity for wine and the market potential in large countries like China in comparison to some European countries.
The global semiconductor shortage is actively hurting numerous industries, with the auto industry itself on pace to lose $210 billion by the end of the year. Brad Wimmer, EVP at Auto Lenders, joined Cheddar to discuss a White House meeting surrounding chip shortages and how industries can find a way to move forward. He noted that the end of the shortage is unlikely if the U.S. continues to depend on outside manufacturers. "We need consistent momentum and clarity, and we do not have that right now," Wimmer said. "So, I think this is going to continue into 2023."
Customer engagement software provider EngageSmart made its public debut on the New York Stock Exchange. CFO Cassandra Hudson joined Cheddar to talk about the decision behind the IPO launch and how a public offering will help the company grow. She also broke down exactly how the business works to "simplify everyday tasks" for companies.
