Market Cap Game Show: Bubble Wrap & Sidewalk Robots

25:45Whether that works out or not, we can't really know. So it's a fascinating company. It's also a pretty valuable company these days. This company is now worth$1.5 trillion. Phenomenal story. Amazing. Yeah. I mean, I would say that in comparison to other car manufacturers, 90, 95, 98 percent of the value is from things beyond cars, you know, priced into the stock at the moment. Tesla does design its own batteries, by the way. It writes much of its own software, builds its own factories, even operates its own charging network, which is an unusually integrated approach in the auto industry. Let's move on to stock number five.

26:24Now, Matt, I don't want to put any pressure any more than you're already feeling on you, but you're down three to one. I've got some ground to make up. We're sort of in an inflection point right now. You probably need this one. I do. All right. Let's go to stock number five. Matt, you've owned and managed rental properties over the years. What surprised you most about being a landlord once you were actually in it? That no matter what you do, you can't account for all contingencies. Something always unexpected is going to happen. Can you tell a brief story, anecdote, throw something our way? Well, I mean, there's the midnight HVAC goes out, the tenant gets locked out, all those things that just pile on and will drive you crazy.

27:04And then you try to build systems and processes to guard against. Yeah. But they're never good enough. Okay. Something always happens. Am I right that you're no longer doing that as much? Are you out of that game or are you still in it? One remaining rental property in D.C. We're probably going to be selling that this year, hopefully. But that's almost out of the game. You should have a lot more. Okay, Matt. So based on your experience, let me ask this. Where do you think most value in housing really gets created? Is it in owning and operating existing homes or in building new ones the right way from the start?

27:34I'm going to go with the former owning and operating existing assets only because of the era we're in where it is so much more expensive to build and so much more capital intensive. Whereas an existing property, as long as it's got good bones and relatively newer systems, it probably is less money to operate that and make it profitable than it is to build new. I'm going to ask you for a tip. We have many a landlord listening right now, I think. So I'm going to ask you for a tip based on your experience for aspiring or present day landlords. But this conversation is taking us to DreamFinders Homes.

28:07All right. Ticker symbol DFH. DreamFinders is a home builder focused primarily on entry level and first move up buyers, operating with an asset light model that emphasizes lot options rather than heavy land ownership, which helps keep capital needs lower and returns more flexible across the housing cycle. National Builder of the Year 2025. It says on its website homepage, which I just checked a couple of days ago, Matt Argersinger, I believe it may even be an active wreck in dividend investor. Am I right? It is. So if I don't get this, wow. But the thing is, here's where we get into the Princess Bride mental game of the Market Cap Game Show, because Bill now knows that this is an active recommendation on your scorecard as do our listeners at home.

28:57And so sometimes you might not want to be fully honest with your response, otherwise too predictable. Am I right? I think you're right there. All right. And I need a point. All right then. Matt Argersinger, what is your stated market cap range for Dream Finders Homes? Ticker symbol DFH. David, I'm going to go$750 million to$1.5 billion. $750 million to$1.5 billion. This is a small to micro cap company, Bill Barker, according to Matt. Have you ever come across DreamFinders Homes, Bill? I have, yes. Not as much as Matt. So he does have the advantage over me on this one. Did you come across it from a stock research standpoint or are you just a dreamer?

29:46It was from a stock research standpoint, but more looking over the lists of stocks that I might research more rather than the list of stocks I actually did research on. The company, by the way, has grown largely across the southeast and Texas, quietly scaling by staying disciplined about where and how it builds. I don't mean to be swaying listeners or Bill at all with that. I just want to give a little bit more info. Bill Barker, listeners at home, do you want to agree or disagree with Matt's stated range,$750 million to$1.5 billion? I'm going to disagree with it. All right. Bill just disagreed.

30:25Listeners at home, what about you? Bill was right to disagree. It's a little higher. Just a little higher. $1.7 billion. And for our own accounting, it's now Bill 4, Matt 1. Again, Matt, chin up. You know this company pretty well. Well, you were awfully close on the market cap range, but just not quite close enough. Not quite enough. Oh, yeah. How closely do you follow this one? As fellow advisors, Motley Fool over the years, we know some of our stocks better than others. Is this one that you really know well, Matt? I don't know as well as some of the analysts who've worked on Dividend Investor.

30:58And by the way, what's interesting is DreamFinder's Home doesn't actually pay a dividend, even though it's on the Dividend Investor scorecard, because it came over from our old real estate winner service, which was merged into Dividend Investor a couple of years ago. So it was one - Fun fact. Well, we carried over because we like the company and we like the management team. And we thought at some point, like a lot of home builders, it probably will pay a dividend. So we kept it on the scorecard. Yeah. DreamFinders Homes was founded in 2008 by Patrick Zulipski, who still runs the business today.

31:25So we've got a founder-led company that scaled through multiple housing cycles. That means, by the way, DreamFinders Homes was founded during the global financial crisis. That couldn't have been easy. Probably not. But it's worked out really well. It has grown steadily coming out the other side. The company concentrates on high-growth sunbelt markets like Florida, Texas, the Carolinas, Tennessee. It seems like that's where people are moving these days. Strong population growth. And yeah, the company is$1.7 billion today, ticker symbol DFH. Some people actually listen to this show for stock picks, and this might be one of them.

32:00Let's go ahead and push it forward to halftime now. I'll mention we have a new form of halftime entertainment. We've done many forms of halftime entertainment in the Market Cap Game Show over 38 quarters. but recently we've kind of settled on tell a joke. I'm going to turn first to Bill because Bill, you're leading, and I'm going to ask you for our listeners' benefit and maybe Matt's and mine too, would you please tell a joke? Halftime. Sure, and I will confess that I don't carry a backlog of jokes on hand. I try to come up with them in the moment. Beautiful. You know, you get what you pay for there.

32:32But so I went to AI and I just said, what are the five best jokes? Okay, sure. This is Gemini. Is this one of them? I won't inflict all of them on you. Actually, this may have been from round two where like, yeah, those were good, but they're not going to translate quickly enough. But yeah, I'm going to tell you a standard joke courtesy of AI. I don't know actually whether it made this joke up or just came up with the old stuff, but it amused me. So a monk joins a monastery and takes a vow of silence. The vow specifies that he can only speak two words every 10 years. After the first 10 years, he goes to the head, abbot, and he says, bed hard.

33:17The abbot nods and sends him back to his cell. 10 years later, the monk returns and says, food cold. The abbot nods and sends him back. Another 10 years pass. The monk returns and says, I quit. The abbot looks at him and says, I'm not surprised. You've done nothing but complain since you got here. All right, that definitely works for me. That's AI. Well, I don't know. Maybe I actually, since I was asking it for great jokes, I think when I asked it to come up with its own jokes, it didn't do as well. I will just say, when I imagined that the market cap game show halftime should have jokes told, you outperformed my personal expectations as to what we would produce.

34:03Thank you, Bill Barker. Well, again, I could take no credit. I wanted to be very upfront about that. I actually think you can take a little bit of credit because you prompted in such a way. Like part of our future as humanity is prompting and getting good at prompting and better prompting. You have agency. You have a role to play. You did play a role, Bill Barker. That is true. That is true. I feel like I am at least a B, B plus at prompting. I've gotten there. Allow me to underperform that. Matt, a joke, please. David, have you heard the joke about the roof? I have not. It's okay. It's over your head.

34:37All right. All right. There it is. You know? That's a terrible dad joke. And the reason I love telling it is because my son, when he was three, he heard that joke and he told his grandparents and he somehow just nailed it. I mean, as a three-year-old and the comedic timing was perfect. Oh my gosh. That's a shocker from a three-year-old. Grandparents were belly laughing with it. Yeah. And so ever since, it's been my favorite joke. Thank you. He tries to tell it all the time when you meet someone new. As we now move into the second half of the game, Matt, I had said to listeners, I was promising a tip that you would provide landlords to be and present landlords.

35:13Throw some out. Sure. I would say you cannot do enough due diligence on your tenant. So get to know your tenant, or prospective tenant, I should say, as best you can, whether that's doing a credit score or even just having a nice conversation, getting to know them, why they want to move into your house, why they're coming to this neighborhood, all those things. And the more you know, the better experience you're probably going to have. Keep going. So I'm not a landlord and hope to never be one. But I mean, what would the three aspects of what you have learned you must do before having a tenant?

35:48Well, I would say then, do they have a good job prospects? Are they friendly? I mean, that sounds just interesting, right? But I think the friendlier the person is, the less likely they're going to potentially do damage or not care about your property while they're living there. And then there's things you can do, like Zillow has a great application process that you can have tenants go through that gives you a lot of interesting information, credit score, job history, recommendations from previous landlords, all that stuff. So I just think the more information you have, the better. All right. All right.

36:20The score as we enter the second half is Bill 4, Matt 1. Turning now back to you, Bill Barker. Bill, you've spent a lot of time reading company websites. Am I right? Too much time. How much weight do you put on the words the companies use to describe themselves? I'm kind of cynical. So I would say it's seven out of seven out of 20. Yeah. So when a company tells you, and I quote, technology is our how and people are our why, what goes through your mind as an investor? They probably aren't as zen as they think they are. And I'm wondering if you recognize that line from any time in your past, Bill Barker.

37:02Was this from the last show that we did together? Sounds really familiar. Amazingly, this company, and I randomize what shows up every market cap game show. Amazingly, this small cap, spoiler alert, company has now reappeared with Bill Barker here in front of me. And we were making jokes about this a year or so ago because this company, its tagline is, technology is our how and people are our why. And I think I was sort of laughing because to me that's a little too generic. but the reason it got even funnier was that bill himself was writing it up as a stock pick from motley fool members and couldn't comment on that in the market cap game show in respect of our members and we actually had to not even air that part of the show and back comes endava ticker symbol d-a-v-a yep bill it's back so totally randomly once again and it's just perfect now Now, Endava is a technology consulting and services company that helps large enterprises design, build and modernize software, often working behind the scenes on complex digital transformation projects rather than selling a product that you can point to the stock while I'm about to turn back to Bill, except.

38:18Oh, my gosh, it's throwdown time. Okay, so pencils out, fools. Bill and Matt are now going to write down their best market cap range for Endava, ticker symbol D-A-V-A. Once they share their ranges, players at home, you're just going to pick the contestant that you think made the better guess. You simply say, Bill or Matt. And if you're right, score a point. Now, if only one of them gets the market cap range right, of course, the correct guess is going to get that person. and you the point. But what if both are right? Well, then the contestant with the tighter range takes the point. And what if both of them are wrong?

39:02That obviously would never happen on this show. I don't ever remember that even happening once ever. But anyway, supposing this ever should happen, whoever's closer to the actual market cap with one of their parameters gets the plus one. So we do this twice every show. Let's do it. Throw down stock number one is stock number six and DAVA ticker symbol D-A-V-A. Okay, Bill, I'm turning to you first. It did happen once. It happened with me where we were both wrong. But the tiebreaker was – I'm glad you've specified what the tiebreaker was. Yes, we did have a bit of a dispute. I remember. Yeah, yeah.

39:43Market cap gain show lore pass. You were disputing because – So one parameter was closer. That's right. But the median, you know, would have - Yeah, it got very mathy. I wanted to change the rules. As a game show, we're all about ratings, and our ratings were getting killed for about 30 seconds there as we had a little bit of dispute. But yes, if both of you are wrong, whoever has their parameter that's closest to the actual market cap will get the point. Bill, what is your range? All right, I'm going$300 million to$600 million. All right,$300 million to$600 million. Matt, what did you write down?

40:16I wrote down$600 to$900 million. So, wow. All right. Huh. It has been on a tear lower. I feel like I knew that. I didn't think it got investment. I don't know if it has. All right. Well, I know the answer, and we're all about to hear the answer. Players at home, do you want to go with Bill, who said$300 to$600 million, or Matt, who said$600 to$900 million? Say it. All right, you just did. And if you said, Bill, give yourself a plus one. Now, Bill is holding up his arms in victory, but I will also say, unfortunately, this has not been a great pick for Motley Fool members. So in a lot of ways, we're all a little sheepish on this one.

40:57Yes, yes. I'd like to point the finger anywhere but at myself and find it impossible to do so. I've never raised my arms in victory over something that has gone as badly as this has. And do you want to share a little bit more there, Bill? No, I want to move on. I don't want to think about this. This is the only, in some vague sense, positive reward that there has been from suffering through this. At least you got a little redemption. I will say that, and I regret to say this as well, it's not just Bill. A number of Motley Fool services have taken a shine to this one. I see over 20 picks of this stock, including some humdinger prices like November 2021.

41:35It was literally at 166. Today, the stock is around six. Oh, my God. So this has been an incredibly, unfortunately, bad pick. Now, I am the king of bad picks of The Motley Fool. So nobody can pick more bad stocks than I did over my years of The Motley Fool. And I don't fear loss in a society where I feel like people too much fear loss and don't enough recognize that our great gains wipe out our losses. But, Bill, what is happening at Endava? It keeps saying that this backlog that it sees that is going to be the commitment of new contracts is blaming its customers for being too cautious. And the market is really, really, really tired of that story.

42:20I can't imagine a winning business model is to blame your customer. I don't want to say it's blaming, but we feel everything's going really well. Our customers just decided to take another quarter before they adopt a higher contract. David, you might have said it, but what's the actual market cap? I never did. I neglected to say thank you, Matt, and players at home. The market cap today is$300.75 million. So it's just inside the very lowest end of Bill's range,$300 to$600 million. It's basically a$300 million micro cap at this point. Let's move on. And yet it is point number five for Bill Barker, who now has a commanding lead.

42:56And in fact, Matt, we're at a point now where you're going to need to win out as we go forward to claim that final four seat in March. We are cheering you on, though. I'm cheering you on. I love the underdog. You know, there's a chance. What are the slaughter rules in this game? We always play out. We always play out. Doesn't tennis still have a skunk rule? We're just going to lean into some unnecessary trash talk here, and everybody will now root for Matt. There's no question about that. We have four more stocks to talk through, and we're going to have fun with that. And Matt, you're up next.

43:27Let's go to stock number seven. Matt, in medicine, some companies try to be everything to everyone. Others focus deeply on a narrow set of problems. Do you favor either of those approaches over the other? I think finding companies in any industry or sector that do one thing really well and focus on that thing generally works out better, at least in my experience. And what makes you confident that that focused approach can still support a durable business? I think if it's a big enough market, a big enough product, and it's the company's main bag, that's the key. And you've got a passionate management team and culture behind it.

44:05That's when it can all come together. Very well said. Well, I don't know if you've ever looked at Insight Corporation. I have not. Big or simple, I-N-C-Y. Apparently, they didn't get the patent or trademark or intellectual property around the proper way to spell the word insight with, I think, with an S and a G-H. They're going with I-N-C-Y-T-E, Insight Corporation, a biopharmaceutical company focused primarily on oncology and inflammation. Its business is built around discovering, developing, and commercializing prescription medicines with revenue driven by a mix of wholly owned drugs and partnered therapies that generate loyalties.

44:46But they do have kind of one big dog drug that tends to dominate its results. This is not a company I know well at all. Looks to me, Matt, body language, it's not a company you know well at all. Definitely not. It's tagline, by the way, guys. Speaking of the words we choose to define ourselves, solve on. And I think there might be a pun with oncology, I'm thinking. Solve on. Bill, before we go to Matt, have you ever looked at Insight Corporation? I'm not 100 % sure that you aren't just making this all up. We're all going in a little blind here on Insight Corporation. But since I, as the Alex Trebek figure who's done all the homework, already know all the answers, even though I wouldn't have known this unprompted, unaided, I actually know the truth here.

45:31And we're all about to learn it. Matt Argesinger, what is your stated market cap range? You need this one, Matt. You need this one. For Insight Corporation, ticker symbol INCY. Go ahead. I'm tempted to just tell you ahead of time that I'm going to disagree. Although that would give you such a wide range. You should not give Matt that information. I'm tempted. But I understand how I would be hurting myself by doing so. I'm going to say$10 billion to$30 billion. $10 billion to$30 billion inside Corporation. Bill, I don't know if you're a man of your word or not. No, you said you were tempted. You didn't put it forward.

46:11But I'm going to turn now to Players at Home and Bill Barker. Matt said$10 billion to$30 billion. Do you want to agree or disagree with Matt's assertion? I think it's good range, and I'm going to disagree. All right. Well, in that case, it keeps the suspense going because plus one for Matt. It was within his rather generous range. Well done, Matt Argersinger. The market cap for Insight Corporation,$19.31 billion. Guys, its largest product, I'm never good at pronouncing drug names that I've never looked at before, but I'm going to go with Jakafi, J-A-K-A-F-I. Jakafi. Couldn't do better myself. Continue to believe he's making this all up.

46:55It's a drug used to treat rare blood cancers. For years, it's generated the majority of the company's revenue, making insight unusually dependent on a single medicine. But then again, it just reported your coffee net product revenue last quarter, Q3 2025, at$791 million. So we're talking about a pretty substantial business. By the way, our biotech breakthrough service at The Motley Fool first recommended the stock in February of 2022. It was at 68 then. It's at 98 today. Not bad. But considering how biotechnology companies have done over the last few years, that's not a bad result. Yeah. It's been a tough time for the industry.

47:29Yeah, I've not done particularly well in any of my biotech companies the last few years, so I get it. Matt, what is it like to fly blind, hands off the driver's wheel? Your destiny is basically fully connected and accounted for by what you're going to say, and yet you don't know what you're going to say. Right, and so that means there's really no pressure. And I just can sit here and try to confuse Bill the rest of the game. I think there was a little hint that it had a drug that was doing well. I was trying to help you guys a little bit. Because before that moment, I was like, I don't know, like zero to two billion.

48:01Well, it keeps the game interesting. Let's move on to stock number eight. Turning back to Bill Barker. Bill, think about how much of your life runs through your phone now compared to 10 or 15 years ago. What's the biggest change you've noticed, Bill Barker, in Bill Barker over the last 10 years or so with his smartphone? I'm asking you to go third person in case you're not figuring that out. Got it. As an athlete. Barker seems to spend too much time on his smartphone and is no longer willing to suffer boredom, even for microseconds. I remember, and again, this is a little bit of back-of-the-day talk, but before there were smartphones, which some was, I mean, obviously the iPhone 2007, but I mean, I had my Palm Pilot, Palm 1, 2, 3, 90s.

48:49But before that, I remember going to like Best Buy and there'd be like the line to buy your thing. And it would be like eight people long. And you would just sit there and wait for people to check out one at a time with no entertainment. If there's somebody fun next to you in line, there's a conversation. But I mean, we were standing in lines doing nothing for long periods of time, for decades. Think about how productive we are now in those microseconds where we're staring at our phones and like, did anybody send me an email in the last eight seconds? I better check again. I will say there are some great articles and videos you can watch about trying to embrace boredom because that's when we have more creative thoughts.

49:31I just remember standing in line or waiting for a train or bus. You kind of have, you know, you go through mental exercises that you don't do these days because you're constantly just stimulating yourself with non-important things usually. It is true. And I am noticing an increasing number of people writing books about things like digital exhaustion, a phrase that I think is a little bit au courant these days. We are constantly stimmed, maybe over-stimmed, and we're kind of doing it to ourselves. Back to this company, though, which I don't think we can really blame this company for that necessarily.

50:01but Qualcomm does design and license its semiconductor technology sitting at the core of modern wireless communication, including the standards that enable smartphones to connect to cellular networks. So this is not a company that sells finished consumer products. This is, well, Qualcomm's economic power comes from its intellectual property and its licensing model, earning revenue when others build devices that rely on the standards that Qualcomm helped create. Now, this is a company I've never recommended or picked this stock, but this is a pretty big dog. Spoiler alert, I think we all know that.

50:39This is a company a lot of us have heard of. There was a San Diego Stadium, if you're a sports fan, that had Qualcomm's name on it, and yet really the business is a little bit opaque. This is intellectual property lawyer Bill Barker. Yes, I don't want to let Matt know how much or how little I know about this great company that I've followed. He's exuding knowledge. I have followed closely at times in the past. Well, since you're mentioning it, Bill Barker, what is your stated market cap range for Qualcomm, ticker symbol QCOM? $150 to$230 billion. $150 billion to$230 billion now. Matt, I probably don't need to remind you, but a single misstep here, and you will not advance to our final four.

51:28You're on a comeback here, Matt. You said initially you're kind of liking the range. I am liking the range. It's kind of where I was thinking about going, if I had to guess or if I had to create the range. So with that said, I think I'm going to agree with Bill. All right, so players at home, Matt has agreed. What are you going to do? Because we're playing this game for you, not ourselves. Are you going to agree with Bill 150 to 230 or disagree? All right, you're locked in. And if you with Matt agreed with Bill, give yourself a plus one, because sure enough, it was almost right at the median of Bill's range.

52:05$186.87 billion Qualcomm these days. That's pretty big. That was pure luck. I think I would have disagreed with my range because of how little information about its market cap I was bringing into the equation. I was locked in on$200 billion as the market cap. So if you had that, if that was going to be in your range, I was going to agree with you. It was. Do you guys know where the name of the company came from? It's short for something. Not Quaaludes. Quality Communications? You nailed it. You're on fire, Bill. Well done. Do I get half a point for that? I'll give you another half point. And I couldn't have done this myself, to be clear.

52:41So Qualcomm's played a foundational role in developing what the world calls CDMA wireless technology. Bill, give yourself another half point if you can give me the acronym. What CDMA stands for? Can you give me the four words underneath CDMA? Controlled digital methodological association. I'm going to go with 0 for 4. Nice try. But what's funny is, and I think a lot of us at The Motley Fool may do this. I've done this before. I say things like, yeah, CDMA technology. But I'm the person who kind of likes to know what the acronym, what the words are. And yet I couldn't have nailed this. And I've said CDMA a lot myself.

53:18It's code division multiple access. There you are, people. All right. And that is responsible for huge value creation for Qualcomm shareholders. Over the decades, this has been a monster winner. Qualcomm Stadium, ever been? San Diego, California, guys? Love San Diego. Never been to the stadium. No, haven't been to the stadium. It was built in 1967. It was San Diego Stadium back then. Then they renamed it Jack Murphy Stadium. Baseball fans may remember that. From 1997 to 2017, it was Qualcomm Stadium. It was demolished in 2021 and yet built on the same site. The new stadium is Snapdragon Stadium.

53:58I'm not keeping up. I needed to research this. Snapdragon, by the way, one of Qualcomm's brands. Snapdragon Stadium, San Diego, California. All right. I was thinking it might be like a brand of popcorn or something. Probably is, too. All right. Let's move on to stock number nine. Matt, you are on your horse right now. Barker 5, Argosinger 3. How are you doing at home? All right, then. Let's move on to stock number nine. Matt, can you think of a company that has an iconic product and yet the company has not taken that iconic product name as the company's brand name? Can you think of a company like that?

54:39I can, and it's one that drives me crazy. But there's a company called Kenview, which has a horrible name, I think, but has some of the most iconic products and brands that we use almost every day. Like Tylenol. Tylenol. Right? Band-Aid. They should just call it Band-Aid. I agree. Why Kenview? I have no idea. I don't either. How about a company or stock that just has a really, really dull, literal name? I don't know. Something like Muller Industries comes to mind, which I think makes hydrants. That is dull. And yet what I was looking for here is a literal meaning of a word, not a name, not someone's name.

55:14I see. But like Acme blank kind of a thing. Can you think of a company like that? Illinois Toolworks. Okay. That's a pretty good one. Bill, anything come to mind? That's pretty good. Canadian Railways. All right. There we go. Sure. Pretty straightforward. This is not the stock we're about to talk about, but I was thinking about Pool Corporation. Ticker symbol Pool, the largest wholesale distributor of swimming pool supplies and equipment. Pool Corporation. So this company is kind of like that. The company's original breakthrough product was bubble wrap, which works, by the way, by trapping sealed air inside plastic bubbles, creating cushioning.

55:56And when Alfred Fielding and his pal Mark founded the company in 1960, the core idea was that air itself, when sealed, could be a protective material. Sealed air is the company, Matt. The ticker symbol is S-E-E. This is not, by the way, a stock that the Motley Fool has ever recommended. We have very little research background in this company. I picked this one again, kind of randomizing ticker symbols, and here we go. Sealed air. Now, Matt, right now you're down five to three, as I think we all know. So this is kind of big. And we're looking for your stated market cap range for Sealed Air Corporation.

56:36David, I'm going to go with$5 to$12 billion for Sealed Air. All right. $5 billion to$12 billion. Listeners at home. And Bill Barker, Bill, before you agree or disagree, any thoughts just about bubble wrap? Fun. It's always fun to have some bubble wrap around, isn't it? Crackle it. I kind of agree. I kind of wish they'd named themselves Bubble Wrap Corporation. The kids like it. The cats like it. It's fun. Yeah. This time of year, it's even more relevant. A lot of packaging, a lot of shipping going on. You know, sometimes you get a lot of packaging and you get those little styrofoam peanuts. Those peanuts are terrible.

57:13What are you going to do with those? I like the bubble wrap. I'm a bubble wrap kind of guy. I totally agree. That's a peanut. Out with the styrofoam. I don't know who's making that. I don't think it's sealed air, though. Not throwing this away until every single one of these bubbles is popped. Yeah. You know, the kids. Come on. The kids. It's for the kids. All right. Players at home, Bill Barker. Matt said$5 billion to$12 billion. Bill, do you want to agree or disagree with Matt's assertion? I think that last time he gave a good range and neither one of us really knew that much. And I disagreed with it, but thought the range was good.

57:45And I feel like I'm in the same spot here. And so I know I'm going to agree. All right. Bill is going to agree. Players at home, agree or disagree? Okay. You've locked that in. and we have our final four participant for March Market Cap Madness because that was the correct decision. The market cap for this company is$6.08 billion. Matt, surely, this always feels a little bit wrong about this game. I mean, you kind of killed it, Matt. You did a good job with the good range, and yet somehow Bill and everybody else gets the point. He just stole it. I mean, that's what it feels like right now. It feels stolen.

58:21I know. I feel like someday in the future, You know, the game may be perfect or you may say, yeah, what if, you know, you got. No, I think the game is perfect. The game is perfect. But you just said it feels a little unfair. For 38 quarters, we have evolved to this point. Maybe we need to evolve again. It feels like he did a better job in that moment than I did. No, I love it. I love the game. That was important. It's kind of like, you know, AI is doing a lot of the work. Maybe Matt was sort of your AI build doing the work for you. But ultimately, you chose that monk joke. You chose to bring that to halftime.

58:51And you chose to agree with his market cap range. So give yourself a pat on the back, champ. I'm going to take the victory, and I feel a little bad about it. Don't get slaughtered by Emily Flippen and Marsh. All right. Well, we still have a company. We're going to play this one out. But I want to mention, by the way, over time, Sealed Air has expanded far beyond bubble wrap, even though it's its iconic product that it kind of started with, and I think it should be called that. But they're now in food safety, protective packaging like Cryovac. But anyway, I just want to say, guys, this has not been a great stock.

59:23The company's been public for more than 40 years, just to a$6 billion market cap today. And that's sitting out there in the New York Stock Exchange for an awfully long time. Not really compounding. I checked it 25 years ago, year 2000. It was at$25 a share. Today, it's at$41. So, you know. What if it's paid a dividend over that time? Maybe that's helped a little bit. Maybe a little bit. But it's not a huge, recent market cap. Really not in the business of rewarding shareholders, but of providing fund to. That's true. It's all about the kids. Cats and children of all ages. I will say, just checking in now, the dividend, the yield on this stock is 1.95%.

1:00:05So about 2 % yield. So probably that's a huge contributor to the returns. Kind of an also rant. But we love our bubble wrap. Let's move on to stock number 10. It is Barker 6, Argersinger 3. As I often point out at this point, Matt, human beings tend to remember it like the last thing that happened. There's a recency bias to how you close out that could really change, I don't know, the calculus. Right. Well, it's like when I play a game with my kid, it's whoever wins last is the winner. There we go. So if I can get this last one. Next shot wins. Next shot wins. There's a chance. Let's turn to Bill Barker here as we close with stock number 10.

1:00:43Bill, here's something else I've noticed. We've gotten used to automation inside buildings. but it's still surprising when it shows up on sidewalks. Have you had one of those moments yet? One of those moments where automation is on the sidewalk? Technology is moving into public spaces, and I don't know whether people are resisting or accepting. Robots are starting to proliferate in some of our neighborhoods, sometimes doing last mile deliveries for even companies like Uber or other partners that are trying to ship something to your door. Have you seen one of those? Other than, you know, the driverless cars, I've seen those.

1:01:30That is an example. Bill was thinking about Segways. I was thinking about those. Two years ago, they were hot. They were on the sidewalk. Those things that look like the villains from Doctor Who that go around Heathrow and, I don't know, terrorize people. Have you ever looked at Serv Robotics? I have not. All right. The ticker symbol is S-E-R-V, and Serv Robotics develops small, autonomous delivery robots designed to handle short, last-mile deliveries. Yeah, pretty much on sidewalks. The stretch between a restaurant or store and your front door. The company is focused on making local delivery cheaper, more reliable by automating simple trips that don't require human judgment while operating in public spaces where trust and safety and acceptance matter just as much as the technology itself.

1:02:24So I think we can all picture this product, even if we haven't benefited from it yet. And whether or not it reaches full societal acceptance, only Bill Barker probably knows. Bill, what is your stated market cap range for Serve Robotics, ticker symbol S-E-R-V? $1 to$3 billion. $1 billion to$3 billion. Matt, have you looked at this one? I have not looked at this one. I don't think they're paying a dividend. Probably not showing up on my radar. That's a good range because I feel like it is in the small cap range. I will mention they're not making money yet. Wait, you're just helping them now. Hey, you're just helping them.

1:02:59I mean, I think a lot of us feel a little bit for Matt at this moment. So I'm trying to give them something. Everything I can get. I'm going to disagree. All right, so Bill, you said$1 billion to$3 billion. Players at home, Matt has just disagreed. What do you think? All right, you thought that. And if you disagreed with Bill's range, give yourself a plus one, because sure enough, this company is even smaller than the$1 billion low end of Bill's parameter. Serve Robotics, 742 million.23. Good range, though. I mean, if you hadn't had that helpful hint at the end. Yeah, and this is an interesting company.

1:03:36Bill, I know you've done some work with Firecrackers. Motley Fool Firecrackers put in a buy last September, not 2025, but 2024 at$7 a share. And I have seen our TMF Moneyball portfolio and tool on the site take a shine to the stock in the single digits throughout 2025. Stock's now at 10. So an interesting one to keep track of. This is a micro cap company. We're talking about a sub$1 billion company, as Matt now fully appreciates as he closes out with a fourth point, which I think was just one away from overtime, which would have been dramatic. Yeah, I mean, I feel OK about my performance today.

1:04:18And to lose to Bill, who I think has bested me in the past, it's always an honor. It's always an honor, Bill. What would have been the overtime stock? Maybe Mac gets to tighten it to 6.5. I will admit that often I know what it is, but I had not prepped that. And I was going to pause the show if you guys were in overtime and then randomize right then. In front of you, of course, you wouldn't see. We'll just have to leave that to the mists of time. It's in part of the multiverse, I think. It's been done. You got it. It's 6.5. A better version that nailed it. I do want to note, guys, this is a little sad for me.

1:04:52This week, which again, for holiday listeners around Christmas time, would have been last week because we recorded on Wednesday, December 17th. So this week that I'm speaking right now, speaking of robots, my former Rule Breakers pick of iRobot announced bankruptcy, which I'm kind of sad about. At different points, iRobot was a serious winner for our Rule Breakers members. Just didn't finish out well. Roomba, right? But not a lot after that. And, you know, we interviewed Colin Engel, the CEO and co-founder at, gosh, it was CES 2013, 2014, somewhere in that era. And that was when it was just the room was on fire.

1:05:30It had the big market share within. And they were launching the Scuba and all these other products. And it really felt like that was their time. And since then, it's. I think they got a buyout offer. I think Amazon said, we're going to buy you out at blah, blah, blah. And then it fell through or it wasn't approved. And that really hurt this tiny company. Yeah. All right. Well, we'll wish better things for Serv Robotics. I realize some people may have mixed feelings about robots going past them down the sidewalk, delivering somebody their fajita. But, you know, that's the world we're moving into, guys.

1:05:59Yeah. I look forward to actually the first time I see. Yeah. I'm still waiting for the drone deliveries, too. I know we're supposed to get those at some point. You're right. That's kind of like the scuba. Yes. Like, when is that going to happen, actually? Do you still find it cool when there's a driverless car going by you? I am still, yes. I saw an image this week of, and somebody took this, a video of a Tesla that had no driver at all. It was literally out on the highway just driving itself. Perhaps a show of confidence, obviously a test and learn for Tesla, but there was literally nobody in the car at all, and it was out there going.

1:06:32Yeah. Well, I've seen plenty of that in cities. Yeah, you're right. Waymo, they're out there mapping. Not on the highway, so I haven't seen that yet. It's out there. All right. Well, holiday greetings to all on this holiday edition of the Market Cap Game Show, and I want to thank especially my two talented guest stars, Bill Barker and Matt Argersinger. The final counting then is this, Bill 6, Matt 4. But Bill and Matt and I know that we're not playing this game for each other. We're playing it for you. How did you score, dear fool, dear listener at home? We hope that you outscored all of us. The purpose of the Market Cap Game Show is to make more popular, and I'm never going to say as popular as Jeopardy, but to make more popular market caps, the real value of stocks on the market that most people don't understand.

1:07:22Except that you do understand because you just listened to us for an hour, and I hope you scored at least a few points this week and maybe beat one or both of our talented competitors. Bill and Matt, you both distinguish yourselves and help make the world a little bit smarter, happier, and richer this week. And Bill, I will see you, sir, in March. next week is our year-end December mailbag I hope you're able to enjoy a lovely holiday dear listener wherever you are before we go a last line from you Bill I want to just plug the most recent episode of Money Unplugged with Chris Hill where Bill Mann and I revisited the apropos of nothing stupidity of the past I love that you did that we just had Chris Hill on our besties last week so a delight to have his name rocked again And I've always enjoyed you and Bill Mann and Chris Hill together.

1:08:15And that, no doubt, is worthy holiday podcast listening. Thank you for mentioning that, Bill. It's a holiday edition, of course. So that is my attempt to wish people a happy holiday is with that show. Excellent. A last line from you, Matt. Read David's book, Rule Breaker Investing. Read 1929 by Andrew Ross Sorkin as well. Excellent. Books on very opposite spectrums, but just also very so illuminating. You will absolutely get smarter. and I think richer by doing so. Thank you very much. Again, Bill, Matt, thank you guys. Fool on. And to our listener, thanks for hanging with us. Hope you had fun.

1:08:49Happy holidays. Fool on.

1:09:11Thank you.