---
title: Friday Fast Five - 8/11/2023
description: We aim to help investors separate the news from the noise by providing our perspective. Every Friday the Hodges Capital research analysts list the five most interesting things they discovered that week. Subscribe to receive the Hodges Friday Fast Five in your inbox every Friday.
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---

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# Hodges Friday Fast Five

*"In the investment business, you go to school every day, but never graduate." - Don Hodges*

 

# Friday Fast Five - 8/11/2023

by [Hodges Investment Team](https://blog.hodgescapital.com/capital-fast-five/author/hodges-investment-team), on August 11, 2023

Five interesting things that Hodges Capital research analysts discovered this week...

**#1 ****USED CARS: **July used car prices were down 3.8% m/m non-seasonally adjusted and down 10.7% y/y according to Manheim.

**#2 ****CRUISING: **According to a Cruise Lines International Association poll, 73% of Millennials and Xers are interested in taking a cruise. And among those who have already taken one, 88% of Millennials and 86% of Xers would do it again.

**#3 ****TRADE: **Mexico is now the US’s top trading partner, reflecting the rise in cross border manufacturing relationships according to a recent article from the Federal Reserve Bank of Dallas.

**#4 ****EARNINGS: **Over 84% of the S&P 500’s market cap has reported, and earnings are beating estimates by 7.2% with 75% of companies topping projections per Credit-Suisse. Also, value is delivering strong revenue and EPS growth vs. growth.

**#5 ****CEO QUOTE: **“I’ve always believed that an innovative culture is built on core values that never change. When you control your core values the ‘how’ can evolve with the times.” – Farooq Kathwari, Ethan Allen Interiors

 

 

 *HCM is an Investment Advisory Firm registered with the Securities and Exchange Commission (“SEC”), is a wholly owned subsidiary of Hodges Capital Holdings and serves as investment advisor to the Hodges Funds. HCM is affiliated with First Dallas Securities, Inc, a broker-dealer, and investment advisor registered with the SEC.*

*This discussion is not intended to be a forecast of future events and should not be considered a recommendation to buy or sell any security. Past performance is not indicative of future results. Investing involves risk. Principal loss is possible. Investing in smaller companies involves additional risks such as limited liquidity and greater volatility. No current or prospective client should assume that information referenced in this communication is a recommendation to buy or sell any security or is a substitute for personalized investment advice from your individual advisor. HCM does not provide tax or legal advice. Consult your tax or legal advisor for any related questions.*

*All information referenced herein is from sources believed to be reliable and is provided as general market commentary and does not constitute investment advice. This material was created for informational purposes only and the opinions expressed are solely those of HCM. HCM shall not in any way be liable for claims and makes no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information. The data and information are provided as of the date referenced and are subject to change without notice.*

### Hodges Friday Fast Five

We aim to help investors separate the news from the noise by providing our perspective. Every Friday the Hodges Capital research analysts list the five most interesting things they discovered that week. Subscribe to receive the Hodges Friday Fast Five in your inbox every Friday. 

- [Recent](https://blog.hodgescapital.com/capital-fast-five/8/11/2023#recent)
- [Topics](https://blog.hodgescapital.com/capital-fast-five/8/11/2023#topics)
- [Archive](https://blog.hodgescapital.com/capital-fast-five/8/11/2023#archive)

- [June 2023 (11)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/06)
- [July 2023 (5)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/07)
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- [January 2026 (5)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/01)
- [December 2021 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2021/12)
- [August 2023 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/08)
- [October 2023 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/10)
- [December 2023 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2023/12)
- [January 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/01)
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- [October 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/10)
- [November 2024 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/11)
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- [February 2026 (4)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/02)
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- [December 2024 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2024/12)
- [January 2025 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/01)
- [February 2025 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/02)
- [July 2025 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2025/07)
- [April 2026 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/04)
- [June 2026 (3)](https://blog.hodgescapital.com/capital-fast-five/archive/2026/06)
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- [April 2021 (1)](https://blog.hodgescapital.com/capital-fast-five/archive/2021/04)
- [June 2021 (1)](https://blog.hodgescapital.com/capital-fast-five/archive/2021/06)
- [November 2021 (1)](https://blog.hodgescapital.com/capital-fast-five/archive/2021/11)

[More...](https://blog.hodgescapital.com/capital-fast-five/8/11/2023#)

### Subscribe to the Hodges Friday Fast Five

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