MickeyLiew personal page - To The Moon

MickeyLiew

No personal profile

1Follow

10Followers

0Topic

0Badge

2022-07-15

[Thinking]

META Stock Could Surge to $466, Says Tigress Financial

2022-05-09

Market sentiment is not good now, so stock price drop can be no reason even for good company.

Sorry, the original content has been removed

2022-05-08

Noted

Sorry, the original content has been removed

2022-05-02

Waiting to buy nvidia.

Sorry, the original content has been removed

2022-04-28

Good to learn the quotes.

Sorry, the original content has been removed

2022-04-20

Market is so sensitive till one stock can always affect the performance of whole sector [Speechless]

Sorry, the original content has been removed

2022-04-18

In overall, both have different strengths with minor overlapping field for competition currently.

Apple Vs. Microsoft: Why We Like Apple Better

2022-03-30

Agree with change of Costco's price target

Sorry, the original content has been removed

2021-09-11

Possible

Sorry, the original content has been removed

2021-06-26

Yes

Is Apple A Better Buy Than Other FAANG Stocks?

2021-06-25

Competition

Microsoft sent a strong signal to developers that could hurt Apple and Google

2021-06-25

Let's see

Sorry, the original content has been removed

2021-02-11

Ongoing trend

Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3571792373977202","uuid":"3571792373977202","gmtCreate":1608729320255,"gmtModify":1608729320255,"name":"MickeyLiew","pinyin":"mickeyliew","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":10,"headSize":1,"tweetSize":17,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.09.20","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.41%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":9076703518,"gmtCreate":1657898692334,"gmtModify":1676536079281,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"[Thinking]&nbsp;","listText":"[Thinking]&nbsp;","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076703518","repostId":"1124443778","repostType":4,"repost":{"id":"1124443778","kind":"news","pubTimestamp":1657874217,"share":"https://ttm.financial/m/news/1124443778?lang=&edition=fundamental","pubTime":"2022-07-15 16:36","market":"us","language":"en","title":"META Stock Could Surge to $466, Says Tigress Financial","url":"https://stock-news.laohu8.com/highlight/detail?id=1124443778","media":"TipRanks","summary":"Story HighlightsKey metrics and qualitative theory support Tigress Financial’s bullish claim on Meta","content":"<div>\n<p>Story HighlightsKey metrics and qualitative theory support Tigress Financial’s bullish claim on Meta Platforms. If market efficiency holds, the stock could gain considerable value.Financial research ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/meta-stock-could-surge-to-466-says-tigress-financial/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>META Stock Could Surge to $466, Says Tigress Financial</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMETA Stock Could Surge to $466, Says Tigress Financial\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 16:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/meta-stock-could-surge-to-466-says-tigress-financial/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsKey metrics and qualitative theory support Tigress Financial’s bullish claim on Meta Platforms. If market efficiency holds, the stock could gain considerable value.Financial research ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/meta-stock-could-surge-to-466-says-tigress-financial/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.tipranks.com/news/article/meta-stock-could-surge-to-466-says-tigress-financial/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124443778","content_text":"Story HighlightsKey metrics and qualitative theory support Tigress Financial’s bullish claim on Meta Platforms. If market efficiency holds, the stock could gain considerable value.Financial research firm Tigress financial released a bombshell with its bullish analysis on Meta Platforms (META), stating that the stock might surge to $466, which implies an increase of 195%.According to Tigress, Meta “remains well-positioned to benefit from the evolution of social commerce, commercial aspects, and future monetization potential of the Metaverse.”Tigress’ analysis provides a valuable juxtaposition to Needham’s Laura Martin, who recently downgraded META stock from Outperform to Hold.According to Martin: “We lower our estimates because we believe cost growth will far exceed revenue growth for the next two years.” In addition, Martin pointed out that Meta’s moat is diminishing, causing much concern for its stock.Although Martin’s argument should be considered, I’m bullish and support Tigress Financial’s stance on Meta stock; here’s why.Meta in the Current MarketBlackRock’s (BLK) iShares MSCI USA Quality Factor ETF (QUAL) has Meta as one of its primary holdings, meaning that Meta is considered a high-quality stock with a robust balance sheet, a flying income statement, and dominant market share.High-quality stocks such as Meta could be rare performers if a recession or stagflation had to occur because risk-aversion will likely cause the market’s liquidity to gravitate towards high-quality assets.Furthermore, Meta is a “best-in-class” asset, as its presence in the technology market can’t be doubted. For example, the firm’s illustrious net income margin of 31.2% illustrates its pricing and bargaining power, which could sustain the company’s investors’ value accumulation.Meta Platforms’ Earnings Prospects are BrightMeta’s first-quarter results revealed a 7% year-over-year revenue increase as family app daily activity across its platforms rose 6%, and its ad impressions on its family apps surged 15% year-over-year.According to the firm’s CEO and founder, Mark Zuckerberg: “We made progress this quarter across a number of key company priorities, and we remain confident in the long-term opportunities and growth that our product roadmap will unlock.”Despite its maturity, Meta is still considered a secular growth company, which is conveyed by its five-year revenue CAGR (compound annual growth rate) of 31.6%. Secular growth stocks tend to brush off economic headwinds, making them exceptionally lucrative investments during uncertain times.There’s been much concern that an economic contraction would dent Facebook’s advertising revenue as enterprise spending wanes. However, investors must bear in mind that the online advertising industry is expected to grow at a CAGR of about 11% from 2021-2026, according to a report from technavio.This categorizes it as a high-growth domain. Moreover, Facebook is projected to own 24.1% of the ad-selling industry by 2023, which suggests that its segment earnings could be non-cyclical.Lastly, Meta’s Beneish M-Score of -3.11 means that the firm is on the back of a period of conservative accounting practices. As such, Meta could likely surprise to the upside with a few of its following earnings releases.Valuation Metrics Suggest Meta is UndervaluedRelative valuation metrics suggest that Meta stock is undervalued. The stock’s price-to-earnings ratio (12.4x) trades at a 55% discount to its five-year average, implying that Meta stock is trading below its cyclical peak.Additionally, with a PEG ratio of 0.94x, the market underscores the company’s earnings-per-share growth, which leaves an earnings-driven value gap in play.Another aspect that supports the claim that Meta is undervalued is the firm’s cash flow statement. Meta’s levered free cash flow has surged by 102% in the past year, and its price-to-cash-flow ratio is at a 58.3% discount to its five-year average, substantiating a theory that the market underscores Meta’s cash-flow-generating abilities.Lastly, out of most of the big technology stocks, Meta seems the most reasonably priced if judged on its price-to-earnings ratio. Thus, it’s valid to conclude that the stock stacks up impressively from a peer-analysis vantage point.Wall Street’s Take on Meta PlatformsTurning to Wall Street, Meta Platforms earns a Moderate Buy consensus rating based on 29 Buys, seven Holds, and two Sell ratings assigned in the past three months. The average META stock price target of $265.86 implies 68.2% upside potential.Concluding Thoughts – Tigress Financial May be RightMeta has lost more than half of its market value since the turn of the year. However, the firm’s fundamentals remain robust and quantitative metrics suggest that it’s an undervalued stock. As such, Tigress Financial could be correct in predicting that the stock might surge soon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062472692,"gmtCreate":1652104363816,"gmtModify":1676535029717,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Market sentiment is not good now, so stock price drop can be no reason even for good company.&nbsp;","listText":"Market sentiment is not good now, so stock price drop can be no reason even for good company.&nbsp;","text":"Market sentiment is not good now, so stock price drop can be no reason even for good company.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062472692","repostId":"1156519886","repostType":4,"isVote":1,"tweetType":1,"viewCount":709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062138105,"gmtCreate":1652020502807,"gmtModify":1676535014640,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062138105","repostId":"1173494329","repostType":4,"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9063410539,"gmtCreate":1651505467824,"gmtModify":1676534917814,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Waiting to buy nvidia.","listText":"Waiting to buy nvidia.","text":"Waiting to buy nvidia.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9063410539","repostId":"1115089008","repostType":4,"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9060284109,"gmtCreate":1651154836469,"gmtModify":1676534860074,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Good to learn the quotes.","listText":"Good to learn the quotes.","text":"Good to learn the quotes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9060284109","repostId":"1157805328","repostType":4,"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9086247205,"gmtCreate":1650465323652,"gmtModify":1676534730136,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Market is so sensitive till one stock can always affect the performance of whole sector&nbsp;[Speechless]&nbsp;","listText":"Market is so sensitive till one stock can always affect the performance of whole sector&nbsp;[Speechless]&nbsp;","text":"Market is so sensitive till one stock can always affect the performance of whole sector [Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9086247205","repostId":"1147776638","repostType":4,"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088067998,"gmtCreate":1650291664027,"gmtModify":1676534688199,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"In overall, both have different strengths with minor overlapping field for competition currently.","listText":"In overall, both have different strengths with minor overlapping field for competition currently.","text":"In overall, both have different strengths with minor overlapping field for competition currently.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088067998","repostId":"2227600101","repostType":4,"repost":{"id":"2227600101","kind":"news","pubTimestamp":1650248539,"share":"https://ttm.financial/m/news/2227600101?lang=&edition=fundamental","pubTime":"2022-04-18 10:22","market":"us","language":"en","title":"Apple Vs. Microsoft: Why We Like Apple Better","url":"https://stock-news.laohu8.com/highlight/detail?id=2227600101","media":"seekingalpha","summary":"SummaryThe competition between Apple and Microsoft has shaped the evolution of personal computing.Th","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The competition between Apple and Microsoft has shaped the evolution of personal computing.</li><li>Their competition will continue in many core areas, but both are good candidates to play the world’s unstoppable shift toward a digital future.</li><li>This article provides an in-depth comparison so you can see why we like Apple better ourselves.</li><li>Our investing roadmap shows Apple provides a higher return potential with its better profitability, better R&amp;D yields, lower valuation, and consumer-centric devices.</li><li>And having a coherent investing roadmap keeps us clear headed, especially during challenging times like this.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0f5fd4c711942def6b79ac0bfdd04167\" tg-width=\"750\" tg-height=\"479\" referrerpolicy=\"no-referrer\"/><span>Chip Somodevilla/Getty Images News</span></p><p><b>The investment thesis</b></p><p>The thesis of this article is really simple – under the current conditions, both Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) provide far superior returns for long-term investors than the overall market. The key argument is built on the following chart. This chart also is the roadmap that we use in our Marketplace service to pick our tactical holdings. Having a coherent investing roadmap keeps us clear-headed, especially during challenging times like this.</p><p>You will see from the following chart, AAPL is projected to provide about 13% annual return (“ROI”) in the long term and MSFT about 10%, while the overall market is only about 6.5%. The main reasons are threefold:</p><ul><li>Their far superior ROCE (return on capital employed) over the market average, which gives it the ability to grow without the need for too much capital and subsequently can return most of the earnings to shareholders (either as dividends or share buybacks).</li><li>Their fundamental business models provide a stable moat and enjoy strong secular support.</li><li>Yet both of them sell at a similar valuation compared to the overall market.</li></ul><p>Then we will detail the reasons why we only own AAPL even though both are good candidates to play the world’s unstoppable shift toward a digital future. As you will see, the primary reason is that we like a concentrated portfolio and usually limit our exposure to one sector to one holding. And we choose AAPL because of its better profitability and its consumer-centric business model. We feel consumer stickiness, once established, is longer lasting and harder to change.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f9fbd0e002bec5dc3e06183618e8562\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: author</span></p><p><b>How did we build our roadmap and how did it perform?</b></p><p>The key in building this road is to think like a business owner, not a stock trader. As detailed in our earlier article:</p><blockquote><ul><li><i>The long-term ROI for a business owner is simply determined by two things: A) the price paid to buy the business and B) the quality of the business. More specifically, part A is determined by the owner’s earning yield (“OEY”) when we purchased the business. And that is why PE is the first dimension in our roadmap. Part B is determined by the quality of the business and that is why ROCE, the most important metric for profitability, is the second dimension in our roadmap.</i></li><li><i>Now, the long-term growth rate is governed by ROCE and the Reinvestment Rate. These are the two most important growth engines, and they mutually enhance each other. High ROCE means every $1 reinvested can lead to a higher growth rate, which leads to more future profits and more flexible capital allocation to fuel further growth, and so on. So to summarize:</i></li><li><i>Longer-Term ROI = valuation + quality = OEY + Growth Rate = OEY + ROCE*Reinvestment Rate</i></li></ul></blockquote><p>The performance of our stocks picked using this road is recently updated in this article. Using the date I first published our portfolio on 5/31/2021 as the inception date, our picks have outperformed the S&amp;P 500 by about 11%.</p><p>With this background, the remainder of this article will show how the above roadmap applies to AAPL and MSFT.</p><p><b>APPL vs MSFT: the competitive landscape</b></p><p>AAPL and MSFT compete head-on in many of their core areas, ranging from operation systems, digital ad, mobile devices, PCs and laptops, et al. Besides their own competitions, they also face competition from all sides. No big tech companies stay in their own corner these days. For example, MSFT’s Bing search is in direct competition with Google. GOOG’s Chrome OS and Android OS now have become popular desktop operating systems in the world, directly and meaningfully competing with MSFT Windows and also Apple IOS.</p><p>But overall, they dominate the intersection of technology and consumer access. As such, both are protected by a formidable moat and well positioned to benefit from our world’s continued shifts toward digitalization. And the good news is that the pie is getting bigger itself as our appetite grows exponentially for data, automation, and entertainment.</p><p>Although we like AAPL better ourselves, we really do not see a bad choice here. Investors just need to pick the one that suits their own risk profile and fits in their own circle of competence.</p><p>For us, we understand AAPL’s consumer-centric business model better than MSFT’s enterprise-centric model. AAPL has mastered the interplay of freemium pricing and premium pricing strategy with billions of consumers. It can set substantially higher prices for its products (ranging from iPhone, MacBook, iPad, et al) than Microsoft and Android devices. As you will see immediately below, it has created a profitability category of its own kind.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/520b7911627c79cc9d82b83c715f8170\" tg-width=\"640\" tg-height=\"390\" referrerpolicy=\"no-referrer\"/><span>Source: https://startuptalky.com/apple-vs-microsoft-marketing-strategy/</span></p><p><b>MSFT: more consistent and aggressive R&amp;D</b></p><p>First, we do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&amp;D efforts sustainably, and B) the overall efficiency of the R&amp;D <i>process</i>. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&amp;D expenditures, and B) has demonstrated a consistent R&amp;D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).</p><p>So let’s first see how well and sustainably MSFT and AAPL can fund their new R&amp;D efforts. The short answer is: Extremely well. The next chart shows the R&amp;D expenses of MSFT and AAPL over the past decade. As seen, both have been consistently investing heavily in R&amp;D. A few observations:</p><ul><li>MSFT has been spending very consistently on R&amp;D, on average about 13% of its total revenue.</li><li>AAPL’s story is a bit more colorful. It did not spend that much on R&amp;D earlier in the decade. Partly because AAPL products were so disruptive at that time and enjoyed a quasi-monopoly status. Partly because Steve Jobs himself did not believe in R&amp;D spending. He commented that “Innovation has nothing to do with how many R&amp;D dollars you have. It&#39;s not about money.”</li><li>Then Tim Cook transitioned it to a different model. He more than doubled the R&amp;D expenses since he took over. The R&amp;D expenses are on average about 6.1% of sales now, still lower than other tech giants in relative terms. But in absolute terms, it&#39;s a mind-boggling amount (exceeding $20 billion in 2021).</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7152ffd849f9eba247a9dc86052864b4\" tg-width=\"640\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/><span>Author</span></p><p>Then the next question is, how effective is the R&amp;D process? The short answer is again: Extremely effective. We ourselves like to use a variation of Buffett’s $1 test on R&amp;D expenses. We do not only listen to CEOs’ pitches on their brilliant new ideas that will shake the earth (again). We also examine the financials to see their words are corroborated by the numbers. And in MSFT and AAPL’s case, they are.</p><p>The purpose of any corporate R&amp;D is obviously to generate profit. Therefore, it&#39;s intuitive to quantify the yield by taking the ratio between profit and R&amp;D expenditures. This way we can quantify how many dollars of profit has been generated per dollar of R&amp;D expenses (i.e., the $1 test), as shown in the next chart. In this chart, I used the operating cash flow as the measure of profit. Also, most R&amp;D investments do not produce any results in the same year. They typically have a lifetime of a few years. Therefore, this analysis assumes a three-year average investment cycle for R&amp;D. And as a result, we use the three-year moving average of operating cash flow to represent this three-year cycle.</p><p>A few key observations:</p><ul><li>The R&amp;D yield for MSFT is again very consistent, boasting a long-term average of $2.8 of yield per $1 of R&amp;D expenditure. The consistency again shows the stable moat.</li><li>AAPL, as usual, has a more colorful story. As you can see, its R&amp;D yield has been more than $10 in 2013 under the tutelage of Steve Jobs. And it has declined to a range between $4.0 and $5.0 in recent years with an average of $4.3.</li><li>You might interpret the decline of AAPL’s R&amp;D yield as bad news. However, keep in mind that A) the level of profitability AAPL enjoyed in the early part of the decade is simply unsustainable, B) the decline is only relative to its own glorious past.</li><li>Overall, both AAPL and MSFT enjoy R&amp;D yields that are very competitive. To put things under perspective, for the overachieving FAAMG group, their average R&amp;D yield is “only” about $2.5.</li></ul><p>Then as we will next, both MSFT and AAPL enjoy superb profitability to fuel their R&amp;D efforts sustainably, which will lead to sustainable growth in turn.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7759bd87d22eab2200f1865c5436dc14\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/><span>Author</span></p><p><b>Both enjoy superb profitability but AAPL in its own category</b></p><p>When we think of long-term growth (like in 10 years or more), the framework I use is the following. In the long term, the growth rate is “simply” the product of ROCE and reinvestment rate, i.e.,</p><p><b>Long-Term Growth Rate = ROCE * Reinvestment Rate</b></p><p>ROCE stands for the return on capital employed and is the most important metric for measuring profitability. Note that ROCE is different from the return on equity (and more fundamental and important in my view). ROCE considers the return of capital ACTUALLY employed and therefore provides insight into how much additional capital a business needs to invest in order to earn a given extra amount of income – a key to estimating the long-term growth rate.</p><p>The detailed background ROCE has been detailed in my early articles and I will just directly quote the results below. In this analysis, I consider the following items capital actually employed A) Working capital (including payables, receivables, inventory), B) Gross Property, Plant, and Equipment, and C) Research and development expenses are also capitalized.</p><p>Based on the above considerations, the ROCE of MSFT and AAPL over the past decade is shown below. As seen,</p><ul><li>MSFT again is able to maintain a remarkably high ROCE and consistent level of ROCE: On average about 67% in recent years.</li><li>AAPL’s ROCE again has “declined” from an unsustainable level of 200% to 300% in the early years of the decade to the current level of around 150% in recent years.</li><li>But the keyword here is again <i>relative</i>. Their current level of ROCE may be higher or lower relative to each other or their own past. But any ROCE above 60% is remarkable. To put things under perspective, the overachievers in the FAAMG pack have an average ROCE of around 50% in recent years.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/595c877bbeb53f45b4d80d0d41b7ba50\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/><span>Author</span></p><p>In terms of reinvestment rate, both companies enjoy enviable capital allocation flexibility. The capital allocation picture is really simple for both companies here: Both earn a load of cash organically from their operations but do not need to spend much.</p><p>Given their high ROCE, it obviously makes total sense to reinvest as much of their earnings back into the business to fuel further growth as possible. But the problem is that for businesses at this scale, there are just not that many opportunities to reinvest the earnings. As a result, both have been allocating a large part of the remaining earnings to buy back shares. According to the current financials available on Seeking Alpha, as of TTM 2022, MSFT has been spending about 33% of the OPC on average on share repurchases, and AAPL even higher, about 77%.</p><p>All told, my estimates are that MSFT has been maintaining a reinvestment rate between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%. And we will see the implications of the investment rates next.</p><p><b>Back to the roadmap</b></p><p>For AAPL, at its current price levels, the OEY is about ~3.8%. The growth rate is about 7.5% assuming a 7.5% reinvestment and a ROCE of 100% to be a bit conservative, resulting in a double-digit ROI already! For MSFT, the OEY is about ~3.3%. The growth rate is about 6.7% assuming a 10% reinvestment and a ROCE of 67%, resulting in about 10% ROI.</p><p>This is a key insight that we&#39;ve learned from Buffett – when you think like a business owner, you do not need a 10% growth rate to achieve a 10% return. We feel much more comfortable with a few percent of reliable and sustainable growth rate in stocks that we understand well.</p><p>The road map below shows the ROI based on an assumption of a 10% reinvestment rate, which is the average rate for the large and mature businesses in the S&amp;P 500 index. Admittedly, both MSFT&#39;s and AAPL’s reinvestment rate (especially APPL) is not as high as 10% currently. So the total ROI would be a bit lower than what is shown in the roadmap below. However, note that both boast strong cash generation capability and fortress balance sheet, which provide the optionality to crank up reinvestment rates or to boost growth through acquisitions.</p><p>In contrast, the overall market is currently valued at about 26.5x PE, resulting in an OEY of about 3.8%. however, the overall market’s ROCE is on the order of 20% or so. And with a 10% reinvestment rate, the growth rate would be about 2%, leading to a long-term ROI of about 6% per year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f9fbd0e002bec5dc3e06183618e8562\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: author</span></p><p><b>Risks</b></p><p>First and foremost, I do not see any structural risk associated with AAPL or MSFT at this moment. Remotely, there might be an antitrust regulatory risk. But even if it comes to that, I&#39;m not entirely certain if it will be bad for AAPL or MSFT investors for sure. If it really comes to that and the company has to be broken up, the market would be forced to value each of its business segments separately. And such a complete and transparent valuation may or may not result in a lower valuation.</p><p>There can be significant short-term volatility risks too. Regardless of AAPL and MSFT scale and business model, the valuation is at a high level and the overall market itself is also near a historical record valuation. There are several large macroeconomic and geopolitical uncertainties unfolding right now, including the pandemic, Ukraine conflicts, global logistic chain interruptions, and Fed’s interest rate decisions. Such a combination of high valuation and high volatility certainly could cause short terms risks – but are irrelevant for the long term.</p><p><b>Conclusion and final thought</b></p><p>When we invest like a business owner, not a stock trader, our long-term ROI is simply the sum of two things: A) the price paid to buy the business and B) the quality of the business. In both MSFT and AAPL’s case, they provide a far superior return for long-term investors than the overall market because of their far superior ROCE over the market average. Such high ROCE gives it the ability to grow without the need for too much capital and subsequently can return most of the earnings to shareholders (either as dividends or share buybacks).</p><p>The key takeaways are:</p><ul><li>Both dominate the intersection of technology and consumer access and both are protected by a formidable moat. They both provide favorable odds for double-digit returns in the long term.</li><li>As such, we really do not see a bad choice here. Investors just need to pick the one that suits their own risk profile and fits in their own circle of competence.</li><li>We like AAPL better ourselves mostly because we understand its consumer-centric business model better. We understand the roots of its superb profitability and consumer stickiness. After all and above all, having a coherent investing roadmap and staying within one’s circle of competence is the key to investing.</li></ul></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Vs. Microsoft: Why We Like Apple Better</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Vs. Microsoft: Why We Like Apple Better\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-18 10:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4501666-apple-vs-microsoft-why-we-like-apple-better><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe competition between Apple and Microsoft has shaped the evolution of personal computing.Their competition will continue in many core areas, but both are good candidates to play the world’s ...</p>\n\n<a href=\"https://seekingalpha.com/article/4501666-apple-vs-microsoft-why-we-like-apple-better\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4097":"系统软件","BK4532":"文艺复兴科技持仓","BK4577":"网络游戏","BK4503":"景林资产持仓","BK4567":"ESG概念","BK4538":"云计算","BK4548":"巴美列捷福持仓","BK4505":"高瓴资本持仓","BK4525":"远程办公概念","BK4571":"数字音乐概念","BK4507":"流媒体概念","AAPL":"苹果","BK4535":"淡马锡持仓","BK4501":"段永平概念","BK4554":"元宇宙及AR概念","BK4574":"无人驾驶","BK4573":"虚拟现实","BK4170":"电脑硬件、储存设备及电脑周边","BK4550":"红杉资本持仓","BK4504":"桥水持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4553":"喜马拉雅资本持仓","BK4516":"特朗普概念","BK4576":"AR","BK4527":"明星科技股","BK4579":"人工智能","BK4559":"巴菲特持仓","BK4528":"SaaS概念","BK4575":"芯片概念","BK4512":"苹果概念","MSFT":"微软","BK4515":"5G概念","BK4581":"高盛持仓"},"source_url":"https://seekingalpha.com/article/4501666-apple-vs-microsoft-why-we-like-apple-better","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2227600101","content_text":"SummaryThe competition between Apple and Microsoft has shaped the evolution of personal computing.Their competition will continue in many core areas, but both are good candidates to play the world’s unstoppable shift toward a digital future.This article provides an in-depth comparison so you can see why we like Apple better ourselves.Our investing roadmap shows Apple provides a higher return potential with its better profitability, better R&D yields, lower valuation, and consumer-centric devices.And having a coherent investing roadmap keeps us clear headed, especially during challenging times like this.Chip Somodevilla/Getty Images NewsThe investment thesisThe thesis of this article is really simple – under the current conditions, both Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) provide far superior returns for long-term investors than the overall market. The key argument is built on the following chart. This chart also is the roadmap that we use in our Marketplace service to pick our tactical holdings. Having a coherent investing roadmap keeps us clear-headed, especially during challenging times like this.You will see from the following chart, AAPL is projected to provide about 13% annual return (“ROI”) in the long term and MSFT about 10%, while the overall market is only about 6.5%. The main reasons are threefold:Their far superior ROCE (return on capital employed) over the market average, which gives it the ability to grow without the need for too much capital and subsequently can return most of the earnings to shareholders (either as dividends or share buybacks).Their fundamental business models provide a stable moat and enjoy strong secular support.Yet both of them sell at a similar valuation compared to the overall market.Then we will detail the reasons why we only own AAPL even though both are good candidates to play the world’s unstoppable shift toward a digital future. As you will see, the primary reason is that we like a concentrated portfolio and usually limit our exposure to one sector to one holding. And we choose AAPL because of its better profitability and its consumer-centric business model. We feel consumer stickiness, once established, is longer lasting and harder to change.Source: authorHow did we build our roadmap and how did it perform?The key in building this road is to think like a business owner, not a stock trader. As detailed in our earlier article:The long-term ROI for a business owner is simply determined by two things: A) the price paid to buy the business and B) the quality of the business. More specifically, part A is determined by the owner’s earning yield (“OEY”) when we purchased the business. And that is why PE is the first dimension in our roadmap. Part B is determined by the quality of the business and that is why ROCE, the most important metric for profitability, is the second dimension in our roadmap.Now, the long-term growth rate is governed by ROCE and the Reinvestment Rate. These are the two most important growth engines, and they mutually enhance each other. High ROCE means every $1 reinvested can lead to a higher growth rate, which leads to more future profits and more flexible capital allocation to fuel further growth, and so on. So to summarize:Longer-Term ROI = valuation + quality = OEY + Growth Rate = OEY + ROCE*Reinvestment RateThe performance of our stocks picked using this road is recently updated in this article. Using the date I first published our portfolio on 5/31/2021 as the inception date, our picks have outperformed the S&P 500 by about 11%.With this background, the remainder of this article will show how the above roadmap applies to AAPL and MSFT.APPL vs MSFT: the competitive landscapeAAPL and MSFT compete head-on in many of their core areas, ranging from operation systems, digital ad, mobile devices, PCs and laptops, et al. Besides their own competitions, they also face competition from all sides. No big tech companies stay in their own corner these days. For example, MSFT’s Bing search is in direct competition with Google. GOOG’s Chrome OS and Android OS now have become popular desktop operating systems in the world, directly and meaningfully competing with MSFT Windows and also Apple IOS.But overall, they dominate the intersection of technology and consumer access. As such, both are protected by a formidable moat and well positioned to benefit from our world’s continued shifts toward digitalization. And the good news is that the pie is getting bigger itself as our appetite grows exponentially for data, automation, and entertainment.Although we like AAPL better ourselves, we really do not see a bad choice here. Investors just need to pick the one that suits their own risk profile and fits in their own circle of competence.For us, we understand AAPL’s consumer-centric business model better than MSFT’s enterprise-centric model. AAPL has mastered the interplay of freemium pricing and premium pricing strategy with billions of consumers. It can set substantially higher prices for its products (ranging from iPhone, MacBook, iPad, et al) than Microsoft and Android devices. As you will see immediately below, it has created a profitability category of its own kind.Source: https://startuptalky.com/apple-vs-microsoft-marketing-strategy/MSFT: more consistent and aggressive R&DFirst, we do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&D efforts sustainably, and B) the overall efficiency of the R&D process. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&D expenditures, and B) has demonstrated a consistent R&D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).So let’s first see how well and sustainably MSFT and AAPL can fund their new R&D efforts. The short answer is: Extremely well. The next chart shows the R&D expenses of MSFT and AAPL over the past decade. As seen, both have been consistently investing heavily in R&D. A few observations:MSFT has been spending very consistently on R&D, on average about 13% of its total revenue.AAPL’s story is a bit more colorful. It did not spend that much on R&D earlier in the decade. Partly because AAPL products were so disruptive at that time and enjoyed a quasi-monopoly status. Partly because Steve Jobs himself did not believe in R&D spending. He commented that “Innovation has nothing to do with how many R&D dollars you have. It's not about money.”Then Tim Cook transitioned it to a different model. He more than doubled the R&D expenses since he took over. The R&D expenses are on average about 6.1% of sales now, still lower than other tech giants in relative terms. But in absolute terms, it's a mind-boggling amount (exceeding $20 billion in 2021).AuthorThen the next question is, how effective is the R&D process? The short answer is again: Extremely effective. We ourselves like to use a variation of Buffett’s $1 test on R&D expenses. We do not only listen to CEOs’ pitches on their brilliant new ideas that will shake the earth (again). We also examine the financials to see their words are corroborated by the numbers. And in MSFT and AAPL’s case, they are.The purpose of any corporate R&D is obviously to generate profit. Therefore, it's intuitive to quantify the yield by taking the ratio between profit and R&D expenditures. This way we can quantify how many dollars of profit has been generated per dollar of R&D expenses (i.e., the $1 test), as shown in the next chart. In this chart, I used the operating cash flow as the measure of profit. Also, most R&D investments do not produce any results in the same year. They typically have a lifetime of a few years. Therefore, this analysis assumes a three-year average investment cycle for R&D. And as a result, we use the three-year moving average of operating cash flow to represent this three-year cycle.A few key observations:The R&D yield for MSFT is again very consistent, boasting a long-term average of $2.8 of yield per $1 of R&D expenditure. The consistency again shows the stable moat.AAPL, as usual, has a more colorful story. As you can see, its R&D yield has been more than $10 in 2013 under the tutelage of Steve Jobs. And it has declined to a range between $4.0 and $5.0 in recent years with an average of $4.3.You might interpret the decline of AAPL’s R&D yield as bad news. However, keep in mind that A) the level of profitability AAPL enjoyed in the early part of the decade is simply unsustainable, B) the decline is only relative to its own glorious past.Overall, both AAPL and MSFT enjoy R&D yields that are very competitive. To put things under perspective, for the overachieving FAAMG group, their average R&D yield is “only” about $2.5.Then as we will next, both MSFT and AAPL enjoy superb profitability to fuel their R&D efforts sustainably, which will lead to sustainable growth in turn.AuthorBoth enjoy superb profitability but AAPL in its own categoryWhen we think of long-term growth (like in 10 years or more), the framework I use is the following. In the long term, the growth rate is “simply” the product of ROCE and reinvestment rate, i.e.,Long-Term Growth Rate = ROCE * Reinvestment RateROCE stands for the return on capital employed and is the most important metric for measuring profitability. Note that ROCE is different from the return on equity (and more fundamental and important in my view). ROCE considers the return of capital ACTUALLY employed and therefore provides insight into how much additional capital a business needs to invest in order to earn a given extra amount of income – a key to estimating the long-term growth rate.The detailed background ROCE has been detailed in my early articles and I will just directly quote the results below. In this analysis, I consider the following items capital actually employed A) Working capital (including payables, receivables, inventory), B) Gross Property, Plant, and Equipment, and C) Research and development expenses are also capitalized.Based on the above considerations, the ROCE of MSFT and AAPL over the past decade is shown below. As seen,MSFT again is able to maintain a remarkably high ROCE and consistent level of ROCE: On average about 67% in recent years.AAPL’s ROCE again has “declined” from an unsustainable level of 200% to 300% in the early years of the decade to the current level of around 150% in recent years.But the keyword here is again relative. Their current level of ROCE may be higher or lower relative to each other or their own past. But any ROCE above 60% is remarkable. To put things under perspective, the overachievers in the FAAMG pack have an average ROCE of around 50% in recent years.AuthorIn terms of reinvestment rate, both companies enjoy enviable capital allocation flexibility. The capital allocation picture is really simple for both companies here: Both earn a load of cash organically from their operations but do not need to spend much.Given their high ROCE, it obviously makes total sense to reinvest as much of their earnings back into the business to fuel further growth as possible. But the problem is that for businesses at this scale, there are just not that many opportunities to reinvest the earnings. As a result, both have been allocating a large part of the remaining earnings to buy back shares. According to the current financials available on Seeking Alpha, as of TTM 2022, MSFT has been spending about 33% of the OPC on average on share repurchases, and AAPL even higher, about 77%.All told, my estimates are that MSFT has been maintaining a reinvestment rate between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%. And we will see the implications of the investment rates next.Back to the roadmapFor AAPL, at its current price levels, the OEY is about ~3.8%. The growth rate is about 7.5% assuming a 7.5% reinvestment and a ROCE of 100% to be a bit conservative, resulting in a double-digit ROI already! For MSFT, the OEY is about ~3.3%. The growth rate is about 6.7% assuming a 10% reinvestment and a ROCE of 67%, resulting in about 10% ROI.This is a key insight that we've learned from Buffett – when you think like a business owner, you do not need a 10% growth rate to achieve a 10% return. We feel much more comfortable with a few percent of reliable and sustainable growth rate in stocks that we understand well.The road map below shows the ROI based on an assumption of a 10% reinvestment rate, which is the average rate for the large and mature businesses in the S&P 500 index. Admittedly, both MSFT's and AAPL’s reinvestment rate (especially APPL) is not as high as 10% currently. So the total ROI would be a bit lower than what is shown in the roadmap below. However, note that both boast strong cash generation capability and fortress balance sheet, which provide the optionality to crank up reinvestment rates or to boost growth through acquisitions.In contrast, the overall market is currently valued at about 26.5x PE, resulting in an OEY of about 3.8%. however, the overall market’s ROCE is on the order of 20% or so. And with a 10% reinvestment rate, the growth rate would be about 2%, leading to a long-term ROI of about 6% per year.Source: authorRisksFirst and foremost, I do not see any structural risk associated with AAPL or MSFT at this moment. Remotely, there might be an antitrust regulatory risk. But even if it comes to that, I'm not entirely certain if it will be bad for AAPL or MSFT investors for sure. If it really comes to that and the company has to be broken up, the market would be forced to value each of its business segments separately. And such a complete and transparent valuation may or may not result in a lower valuation.There can be significant short-term volatility risks too. Regardless of AAPL and MSFT scale and business model, the valuation is at a high level and the overall market itself is also near a historical record valuation. There are several large macroeconomic and geopolitical uncertainties unfolding right now, including the pandemic, Ukraine conflicts, global logistic chain interruptions, and Fed’s interest rate decisions. Such a combination of high valuation and high volatility certainly could cause short terms risks – but are irrelevant for the long term.Conclusion and final thoughtWhen we invest like a business owner, not a stock trader, our long-term ROI is simply the sum of two things: A) the price paid to buy the business and B) the quality of the business. In both MSFT and AAPL’s case, they provide a far superior return for long-term investors than the overall market because of their far superior ROCE over the market average. Such high ROCE gives it the ability to grow without the need for too much capital and subsequently can return most of the earnings to shareholders (either as dividends or share buybacks).The key takeaways are:Both dominate the intersection of technology and consumer access and both are protected by a formidable moat. They both provide favorable odds for double-digit returns in the long term.As such, we really do not see a bad choice here. Investors just need to pick the one that suits their own risk profile and fits in their own circle of competence.We like AAPL better ourselves mostly because we understand its consumer-centric business model better. We understand the roots of its superb profitability and consumer stickiness. After all and above all, having a coherent investing roadmap and staying within one’s circle of competence is the key to investing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019771574,"gmtCreate":1648648096184,"gmtModify":1676534370947,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Agree with change of Costco's price target","listText":"Agree with change of Costco's price target","text":"Agree with change of Costco's price target","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019771574","repostId":"1140973749","repostType":4,"isVote":1,"tweetType":1,"viewCount":857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881555395,"gmtCreate":1631368840917,"gmtModify":1676530536650,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Possible&nbsp;","listText":"Possible&nbsp;","text":"Possible","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881555395","repostId":"2166939327","repostType":4,"isVote":1,"tweetType":1,"viewCount":824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124981290,"gmtCreate":1624719279610,"gmtModify":1703844085840,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124981290","repostId":"1108941456","repostType":4,"repost":{"id":"1108941456","kind":"news","pubTimestamp":1624664800,"share":"https://ttm.financial/m/news/1108941456?lang=&edition=fundamental","pubTime":"2021-06-26 07:46","market":"us","language":"en","title":"Is Apple A Better Buy Than Other FAANG Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=1108941456","media":"seekingalpha","summary":"Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.At 26-64x this year's expected net profi","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.</li>\n <li>Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.</li>\n <li>I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8bb49d385ec6d3044db2f4474cbb2c57\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>MagioreStock/iStock Editorial via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Going with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.</p>\n<p><b>Are FAANG Stocks A Good Investment?</b></p>\n<p>Looking back a couple of years, the answer is pretty clear that FAANG stocks at least<i>were</i>a good investment in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae2b8e2b9caf99f74c28bafc10a0a872\" tg-width=\"635\" tg-height=\"484\"><span>Data by YCharts</span></p>\n<p>With gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.</p>\n<p>These factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ef865eea7af4369048432a9c85d1d83\" tg-width=\"635\" tg-height=\"540\"><span>Data by YCharts</span></p>\n<p>At 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from&nbsp;Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.</p>\n<p><b>What Investors Can Expect From Apple</b></p>\n<p>Apple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate&nbsp;in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.</p>\n<p><b>Apple Versus Facebook</b></p>\n<p>Both Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fd8043ca75dcb2c38f5ffa427c8c0b9\" tg-width=\"635\" tg-height=\"433\"><span>Data by YCharts</span></p>\n<p>Facebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3d49e0007aa77608b2992a9fef2142d\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>The fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b16c9b3e2eac182d42686bcd8a98fc5\" tg-width=\"635\" tg-height=\"515\"><span>Data by YCharts</span></p>\n<p>While Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.</p>\n<p>To sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.</p>\n<p><b>Apple Versus Alphabet</b></p>\n<p>When we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6360514d097081c546a0ccacfbdc7af6\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Alphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.</p>\n<p>Nevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhat<i>smaller</i>net cash position of $80 billion, although that still makes for a very strong balance sheet, of course.</p>\n<p>All in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.</p>\n<p><b>Apple Versus Netflix And Amazon</b></p>\n<p>Looking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.</p>\n<p>This huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ccc2536fa3cadf06639a89e0b211b9a\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>AMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.</p>\n<p>Netflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d84f013051fbb00b6b488f5cfed66d4\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Netflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&amp;T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.</p>\n<p>Amazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.</p>\n<p><b>Which Is The Best FAANG Stock To Buy?</b></p>\n<p>Not every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.</p>\n<p>Alphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.</p>\n<p>Depending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple A Better Buy Than Other FAANG Stocks?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple A Better Buy Than Other FAANG Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108941456","content_text":"Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.\nI believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.\n\nMagioreStock/iStock Editorial via Getty Images\nArticle Thesis\nGoing with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.\nAre FAANG Stocks A Good Investment?\nLooking back a couple of years, the answer is pretty clear that FAANG stocks at leastwerea good investment in the recent past:\nData by YCharts\nWith gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.\nThese factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:\nData by YCharts\nAt 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.\nWhat Investors Can Expect From Apple\nApple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.\nApple Versus Facebook\nBoth Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:\nData by YCharts\nFacebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:\nData by YCharts\nThe fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:\nData by YCharts\nWhile Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.\nTo sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.\nApple Versus Alphabet\nWhen we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.\nData by YCharts\nAlphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.\nNevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhatsmallernet cash position of $80 billion, although that still makes for a very strong balance sheet, of course.\nAll in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.\nApple Versus Netflix And Amazon\nLooking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.\nThis huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:\nData by YCharts\nAMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.\nNetflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:\nData by YCharts\nNetflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.\nAmazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.\nWhich Is The Best FAANG Stock To Buy?\nNot every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.\nAlphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.\nDepending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!","news_type":1},"isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122617566,"gmtCreate":1624616775855,"gmtModify":1703841804390,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Competition&nbsp;","listText":"Competition&nbsp;","text":"Competition","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122617566","repostId":"2146023165","repostType":4,"repost":{"id":"2146023165","kind":"news","pubTimestamp":1624614720,"share":"https://ttm.financial/m/news/2146023165?lang=&edition=fundamental","pubTime":"2021-06-25 17:52","market":"us","language":"en","title":"Microsoft sent a strong signal to developers that could hurt Apple and Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023165","media":"Yahoo Finance","summary":"Microsoft  launched a broadside against rivals Apple  and Google  on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer","content":"<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.</p>\n<p>That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.</p>\n<p>“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”</p>\n<p>The move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.</p>\n<p>Apple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.</p>\n<p>Google, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.</p>\n<h3><b>Microsoft has been criticizing Apple’s policies</b></h3>\n<p>This isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.</p>\n<p>More recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.</p>\n<p>That led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p><img src=\"https://static.tigerbbs.com/d92ddac610658f60945c72fc4da23210\" tg-width=\"1024\" tg-height=\"640\" referrerpolicy=\"no-referrer\">Microsoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft</p>\n<p>Microsoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.</p>\n<p>Epic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.</p>\n<p>Epic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.</p>\n<h3><b>Microsoft could win over developers</b></h3>\n<p>With its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.</p>\n<p>While Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft sent a strong signal to developers that could hurt Apple and Google</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft sent a strong signal to developers that could hurt Apple and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","MSFT":"微软","QNETCN":"纳斯达克中美互联网老虎指数","GOOGL":"谷歌A","09086":"华夏纳指-U","03086":"华夏纳指","GOOG":"谷歌"},"source_url":"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146023165","content_text":"Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.\nThat’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.\n“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”\nThe move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.\nApple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.\nGoogle, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.\nMicrosoft has been criticizing Apple’s policies\nThis isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.\nMore recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.\nThat led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and Facebook.\nMicrosoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft\nMicrosoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.\nEpic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.\nEpic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.\nMicrosoft could win over developers\nWith its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.\nWhile Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122614047,"gmtCreate":1624616641789,"gmtModify":1703841801959,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Let's see&nbsp;","listText":"Let's see&nbsp;","text":"Let's see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122614047","repostId":"1137689091","repostType":4,"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388884780,"gmtCreate":1613048180440,"gmtModify":1704877741907,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571792373977202","authorIdStr":"3571792373977202"},"themes":[],"htmlText":"Ongoing trend","listText":"Ongoing trend","text":"Ongoing trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/388884780","repostId":"1168862133","repostType":4,"repost":{"id":"1168862133","kind":"news","pubTimestamp":1613024272,"share":"https://ttm.financial/m/news/1168862133?lang=&edition=fundamental","pubTime":"2021-02-11 14:17","market":"us","language":"en","title":"Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1168862133","media":"Nasdaq","summary":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat","content":"<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?</p>\n<p>Well, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.</p>\n<p>Top Fintech Stocks To Watch</p>\n<ul>\n <li><b>Mogo Inc.</b>(NASDAQ: MOGO)</li>\n <li><b>PayPal Holdings Inc.</b>(NASDAQ: PYPL)</li>\n <li><b>Square Inc.</b>(NYSE: SQ)</li>\n <li><b>Green Dot Corporation</b>(NYSE: GDOT)</li>\n</ul>\n<p>Mogo Inc.</p>\n<p>Starting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.</p>\n<p>For starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?</p>\n<p>PayPal Holdings Inc.</p>\n<p>Following that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.</p>\n<p>For one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.<i>The “Pay in 4</i>” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.</p>\n<p>Square Inc.</p>\n<p>Another top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?</p>\n<p>Well, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?</p>\n<p>Green Dot Corporation</p>\n<p>Undoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.</p>\n<p>For the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “<i>living from paycheck to paycheck</i>”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “<i>Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.</i>” Has all this convinced you to add GDOT to your watchlist?</p>","source":"lsy1603171495471","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBest Stocks To Buy For 2021? 4 Fintech Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-11 14:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168862133","content_text":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?\nWell, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.\nTop Fintech Stocks To Watch\n\nMogo Inc.(NASDAQ: MOGO)\nPayPal Holdings Inc.(NASDAQ: PYPL)\nSquare Inc.(NYSE: SQ)\nGreen Dot Corporation(NYSE: GDOT)\n\nMogo Inc.\nStarting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.\nFor starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?\nPayPal Holdings Inc.\nFollowing that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.\nFor one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.The “Pay in 4” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.\nSquare Inc.\nAnother top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?\nWell, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?\nGreen Dot Corporation\nUndoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.\nFor the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “living from paycheck to paycheck”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.” Has all this convinced you to add GDOT to your watchlist?","news_type":1},"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":881555395,"gmtCreate":1631368840917,"gmtModify":1676530536650,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Possible&nbsp;","listText":"Possible&nbsp;","text":"Possible","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881555395","repostId":"2166939327","repostType":4,"repost":{"id":"2166939327","kind":"highlight","pubTimestamp":1631323097,"share":"https://ttm.financial/m/news/2166939327?lang=&edition=fundamental","pubTime":"2021-09-11 09:18","market":"us","language":"en","title":"Why NVIDIA Will Dominate the Data Center by 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2166939327","media":"Motley Fool","summary":"This chipmaker should benefit as data centers adopt new technologies over the next decade.","content":"<p>Over the last decade, <b>NVIDIA</b> (NASDAQ:NVDA) hardware has become synonymous with cutting-edge graphics and high performance computing. Not surprisingly, shareholders have done quite well for themselves. The stock is up a whopping 1,300%&nbsp;in the last five years alone, crushing the performance of the broader market.</p>\n<p>However, this chipmaker still has plenty of room to grow its business, especially in the data center space. Here's what investors should know.</p>\n<h2>The leader in accelerated computing</h2>\n<p>In 1999, NVIDIA invented the graphics processing unit (GPU), a chip capable of parallelizing computing-intensive code. In other words, GPUs can handle lots of data very quickly. While these chips were originally created to render ultra-realistic video game graphics, they have since become an important part of data centers.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F642315%2Fnvidia-endeavor-building-logo.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: NVIDIA.</span></p>\n<p>Specifically, NVIDIA GPUs have become the gold standard for accelerating workloads like analytics, artificial intelligence, and scientific computing. In fact, the company recently set records at the MLPerf benchmarks, a series of tests designed to measure the performance of AI compute platforms. And NVIDIA currently controls 90%&nbsp;of the market for supercomputer accelerators.</p>\n<p>Data center budgets were still heavily skewed toward central processing units (CPUs) in 2020, with these chips comprising 83% of total spend on processors. But Ark Invest believes that figure will drop to 40%&nbsp;over the next decade. In other words, by 2030, GPUs will not only be the dominant data center accelerator, they will also be the dominant processor.</p>\n<p>That's good news for NVIDIA. Management puts its addressable market in the data center business at $100 billion by 2024, but that figure should be even bigger by 2030. And given the company's strong competitive position, NVIDIA is well positioned to capture the lion's share of that sum.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F642315%2Fdata-center-1.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"393\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>A three-chip company</h2>\n<p>NVIDIA has also expanded beyond its trademark GPU. In 2020, it completed its $7 billion acquisition of Mellanox, a company that specializes in high-performance networking solutions. Since the merger, NVIDIA has introduced a new chip that incorporates Mellanox technology: the data processing unit (DPU).</p>\n<p>This chip offloads networking, storage, and security tasks from CPUs, boosting performance and efficiency. More broadly, the Mellanox acquisition makes NVIDIA's compute platform more robust, enabling the company to optimize&nbsp;workloads across computing, networking, and storage, which should drive market share gains in the data center.</p>\n<p>More recently, NVIDIA announced a third chip: the Grace CPU. This processor is slated to launch in 2023, and features energy-efficient ARM cores that pack ten times the performance of today's fastest servers. The Grace CPU will join the GPU and DPU to complete NVIDIA's compute platform, and there's reason to believe it will be a success.</p>\n<p>For the last two decades, CPUs built on x86 architecture -- think <b>Intel</b> and <b><a href=\"https://laohu8.com/S/AMD\">AMD</a></b> -- have dominated the data center, and the pair captured 92%&nbsp;market share in 2020. But Ark Invest believes that will change over the next 10 years, because ARM CPUs are becoming faster&nbsp;and cheaper. To that end, Ark estimates that ARM and RISC-V will hold 71% market share&nbsp;by 2030, while x86 chips will drop to 27%.</p>\n<p>Again, this is good news for NVIDIA. If this trend does indeed play out, investors should expect the Grace CPU -- which is built on ARM cores -- to be a key growth driver.</p>\n<h2>The bottom line</h2>\n<p>NVIDIA is now a three-chip company, meaning its product portfolio now addresses a greater portion of data center infrastructure. And in the years ahead, NVIDIA should see strong demand as GPUs become the most prevalent data center processor, and ARM chips become the most prevalent data center CPU.</p>\n<p>That's why I think NVIDIA will dominate the data center by 2030.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why NVIDIA Will Dominate the Data Center by 2030</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy NVIDIA Will Dominate the Data Center by 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/10/why-nvidia-will-dominate-the-data-center-by-2030/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the last decade, NVIDIA (NASDAQ:NVDA) hardware has become synonymous with cutting-edge graphics and high performance computing. Not surprisingly, shareholders have done quite well for themselves....</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/why-nvidia-will-dominate-the-data-center-by-2030/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/09/10/why-nvidia-will-dominate-the-data-center-by-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166939327","content_text":"Over the last decade, NVIDIA (NASDAQ:NVDA) hardware has become synonymous with cutting-edge graphics and high performance computing. Not surprisingly, shareholders have done quite well for themselves. The stock is up a whopping 1,300% in the last five years alone, crushing the performance of the broader market.\nHowever, this chipmaker still has plenty of room to grow its business, especially in the data center space. Here's what investors should know.\nThe leader in accelerated computing\nIn 1999, NVIDIA invented the graphics processing unit (GPU), a chip capable of parallelizing computing-intensive code. In other words, GPUs can handle lots of data very quickly. While these chips were originally created to render ultra-realistic video game graphics, they have since become an important part of data centers.\nImage source: NVIDIA.\nSpecifically, NVIDIA GPUs have become the gold standard for accelerating workloads like analytics, artificial intelligence, and scientific computing. In fact, the company recently set records at the MLPerf benchmarks, a series of tests designed to measure the performance of AI compute platforms. And NVIDIA currently controls 90% of the market for supercomputer accelerators.\nData center budgets were still heavily skewed toward central processing units (CPUs) in 2020, with these chips comprising 83% of total spend on processors. But Ark Invest believes that figure will drop to 40% over the next decade. In other words, by 2030, GPUs will not only be the dominant data center accelerator, they will also be the dominant processor.\nThat's good news for NVIDIA. Management puts its addressable market in the data center business at $100 billion by 2024, but that figure should be even bigger by 2030. And given the company's strong competitive position, NVIDIA is well positioned to capture the lion's share of that sum.\nImage source: Getty Images.\nA three-chip company\nNVIDIA has also expanded beyond its trademark GPU. In 2020, it completed its $7 billion acquisition of Mellanox, a company that specializes in high-performance networking solutions. Since the merger, NVIDIA has introduced a new chip that incorporates Mellanox technology: the data processing unit (DPU).\nThis chip offloads networking, storage, and security tasks from CPUs, boosting performance and efficiency. More broadly, the Mellanox acquisition makes NVIDIA's compute platform more robust, enabling the company to optimize workloads across computing, networking, and storage, which should drive market share gains in the data center.\nMore recently, NVIDIA announced a third chip: the Grace CPU. This processor is slated to launch in 2023, and features energy-efficient ARM cores that pack ten times the performance of today's fastest servers. The Grace CPU will join the GPU and DPU to complete NVIDIA's compute platform, and there's reason to believe it will be a success.\nFor the last two decades, CPUs built on x86 architecture -- think Intel and AMD -- have dominated the data center, and the pair captured 92% market share in 2020. But Ark Invest believes that will change over the next 10 years, because ARM CPUs are becoming faster and cheaper. To that end, Ark estimates that ARM and RISC-V will hold 71% market share by 2030, while x86 chips will drop to 27%.\nAgain, this is good news for NVIDIA. If this trend does indeed play out, investors should expect the Grace CPU -- which is built on ARM cores -- to be a key growth driver.\nThe bottom line\nNVIDIA is now a three-chip company, meaning its product portfolio now addresses a greater portion of data center infrastructure. And in the years ahead, NVIDIA should see strong demand as GPUs become the most prevalent data center processor, and ARM chips become the most prevalent data center CPU.\nThat's why I think NVIDIA will dominate the data center by 2030.","news_type":1},"isVote":1,"tweetType":1,"viewCount":824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9019771574,"gmtCreate":1648648096184,"gmtModify":1676534370947,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Agree with change of Costco's price target","listText":"Agree with change of Costco's price target","text":"Agree with change of Costco's price target","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019771574","repostId":"1140973749","repostType":4,"repost":{"id":"1140973749","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1648644761,"share":"https://ttm.financial/m/news/1140973749?lang=&edition=fundamental","pubTime":"2022-03-30 20:52","market":"us","language":"en","title":"Price Target Changes｜Oppenheimer Raised Costco to $620; Raymond James Boosted Occidental to $85","url":"https://stock-news.laohu8.com/highlight/detail?id=1140973749","media":"Benzinga","summary":"Morgan Stanley raised the price target on IGM Biosciences, Inc. from $25 to $30. IGM Biosciences sha","content":"<html><head></head><body><ul><li>Morgan Stanley raised the price target on <b>IGM Biosciences, Inc.</b> from $25 to $30. IGM Biosciences shares fell 4% to $28.32 in pre-market trading.</li><li>Oppenheimer raised <b>Costco Wholesale Corporation</b> price target from $580 to $620. Costco shares fell 0.1% to $569.50 in pre-market trading.</li><li>Raymond James boosted the price target on <b>Occidental Petroleum Corporation</b> from $60 to $85. Occidental Petroleum shares rose 1.6% to $57.67 in pre-market trading.</li><li>Citigroup cut the price target for <b>Sera Prognostics, Inc.</b> from $18 to $4. Sera Prognostics shares rose 12.2% to close at $4.05 on Tuesday.</li><li>Wells Fargo raised <b>Ping Identity Holding Corp.</b> price target from $28 to $35. Ping Identity shares rose 1.6% to $27.50 in pre-market trading.</li></ul><ul><li>JP Morgan cut the price target on <b>Whirlpool Corporation</b> from $295 to $221. Whirlpool shares rose 3.2% to $193.00 in pre-market trading.</li><li>RBC Capital boosted the price target for <b>Nielsen Holdings plc</b> from $20 to $28. Nielsen shares rose 0.5% to $26.85 in pre-market trading.</li><li>Mizuho raised <b>Sempra</b> price target from $148 to $174. Sempra shares rose 0.1% to $165.00 in pre-market trading.</li><li>HC Wainwright &amp; Co. cut <b>I-Mab</b> price target from $95 to $80. I-Mab shares jumped 15.1% to close at $19.39 on Tuesday.</li><li>Jefferies raised <b>Host Hotels &amp; Resorts, Inc.</b> price target from $20 to $25. Host Hotels shares rose 0.9% to $20.00 in pre-market trading.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Price Target Changes｜Oppenheimer Raised Costco to $620; Raymond James Boosted Occidental to $85</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrice Target Changes｜Oppenheimer Raised Costco to $620; Raymond James Boosted Occidental to $85\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-03-30 20:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Morgan Stanley raised the price target on <b>IGM Biosciences, Inc.</b> from $25 to $30. IGM Biosciences shares fell 4% to $28.32 in pre-market trading.</li><li>Oppenheimer raised <b>Costco Wholesale Corporation</b> price target from $580 to $620. Costco shares fell 0.1% to $569.50 in pre-market trading.</li><li>Raymond James boosted the price target on <b>Occidental Petroleum Corporation</b> from $60 to $85. Occidental Petroleum shares rose 1.6% to $57.67 in pre-market trading.</li><li>Citigroup cut the price target for <b>Sera Prognostics, Inc.</b> from $18 to $4. Sera Prognostics shares rose 12.2% to close at $4.05 on Tuesday.</li><li>Wells Fargo raised <b>Ping Identity Holding Corp.</b> price target from $28 to $35. Ping Identity shares rose 1.6% to $27.50 in pre-market trading.</li></ul><ul><li>JP Morgan cut the price target on <b>Whirlpool Corporation</b> from $295 to $221. Whirlpool shares rose 3.2% to $193.00 in pre-market trading.</li><li>RBC Capital boosted the price target for <b>Nielsen Holdings plc</b> from $20 to $28. Nielsen shares rose 0.5% to $26.85 in pre-market trading.</li><li>Mizuho raised <b>Sempra</b> price target from $148 to $174. Sempra shares rose 0.1% to $165.00 in pre-market trading.</li><li>HC Wainwright &amp; Co. cut <b>I-Mab</b> price target from $95 to $80. I-Mab shares jumped 15.1% to close at $19.39 on Tuesday.</li><li>Jefferies raised <b>Host Hotels &amp; Resorts, Inc.</b> price target from $20 to $25. Host Hotels shares rose 0.9% to $20.00 in pre-market trading.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COST":"好市多","OXY":"西方石油","IMAB":"天境生物","SERA":"Sera Prognostics, Inc.","SRE":"桑普拉能源","WHR":"惠而浦","NLSN":"尼尔森","PING":"Ping Identity Holding","IGMS":"IGM Biosciences","HST":"美国豪斯特酒店"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140973749","content_text":"Morgan Stanley raised the price target on IGM Biosciences, Inc. from $25 to $30. IGM Biosciences shares fell 4% to $28.32 in pre-market trading.Oppenheimer raised Costco Wholesale Corporation price target from $580 to $620. Costco shares fell 0.1% to $569.50 in pre-market trading.Raymond James boosted the price target on Occidental Petroleum Corporation from $60 to $85. Occidental Petroleum shares rose 1.6% to $57.67 in pre-market trading.Citigroup cut the price target for Sera Prognostics, Inc. from $18 to $4. Sera Prognostics shares rose 12.2% to close at $4.05 on Tuesday.Wells Fargo raised Ping Identity Holding Corp. price target from $28 to $35. Ping Identity shares rose 1.6% to $27.50 in pre-market trading.JP Morgan cut the price target on Whirlpool Corporation from $295 to $221. Whirlpool shares rose 3.2% to $193.00 in pre-market trading.RBC Capital boosted the price target for Nielsen Holdings plc from $20 to $28. Nielsen shares rose 0.5% to $26.85 in pre-market trading.Mizuho raised Sempra price target from $148 to $174. Sempra shares rose 0.1% to $165.00 in pre-market trading.HC Wainwright & Co. cut I-Mab price target from $95 to $80. I-Mab shares jumped 15.1% to close at $19.39 on Tuesday.Jefferies raised Host Hotels & Resorts, Inc. price target from $20 to $25. Host Hotels shares rose 0.9% to $20.00 in pre-market trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":857,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122617566,"gmtCreate":1624616775855,"gmtModify":1703841804390,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Competition&nbsp;","listText":"Competition&nbsp;","text":"Competition","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122617566","repostId":"2146023165","repostType":4,"repost":{"id":"2146023165","kind":"news","pubTimestamp":1624614720,"share":"https://ttm.financial/m/news/2146023165?lang=&edition=fundamental","pubTime":"2021-06-25 17:52","market":"us","language":"en","title":"Microsoft sent a strong signal to developers that could hurt Apple and Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023165","media":"Yahoo Finance","summary":"Microsoft  launched a broadside against rivals Apple  and Google  on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer","content":"<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.</p>\n<p>That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.</p>\n<p>“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”</p>\n<p>The move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.</p>\n<p>Apple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.</p>\n<p>Google, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.</p>\n<h3><b>Microsoft has been criticizing Apple’s policies</b></h3>\n<p>This isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.</p>\n<p>More recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.</p>\n<p>That led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p><img src=\"https://static.tigerbbs.com/d92ddac610658f60945c72fc4da23210\" tg-width=\"1024\" tg-height=\"640\" referrerpolicy=\"no-referrer\">Microsoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft</p>\n<p>Microsoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.</p>\n<p>Epic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.</p>\n<p>Epic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.</p>\n<h3><b>Microsoft could win over developers</b></h3>\n<p>With its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.</p>\n<p>While Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft sent a strong signal to developers that could hurt Apple and Google</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft sent a strong signal to developers that could hurt Apple and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","MSFT":"微软","QNETCN":"纳斯达克中美互联网老虎指数","GOOGL":"谷歌A","09086":"华夏纳指-U","03086":"华夏纳指","GOOG":"谷歌"},"source_url":"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146023165","content_text":"Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.\nThat’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.\n“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”\nThe move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.\nApple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.\nGoogle, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.\nMicrosoft has been criticizing Apple’s policies\nThis isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.\nMore recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.\nThat led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and Facebook.\nMicrosoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft\nMicrosoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.\nEpic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.\nEpic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.\nMicrosoft could win over developers\nWith its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.\nWhile Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062472692,"gmtCreate":1652104363816,"gmtModify":1676535029717,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Market sentiment is not good now, so stock price drop can be no reason even for good company.&nbsp;","listText":"Market sentiment is not good now, so stock price drop can be no reason even for good company.&nbsp;","text":"Market sentiment is not good now, so stock price drop can be no reason even for good company.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062472692","repostId":"1156519886","repostType":4,"repost":{"id":"1156519886","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1652083947,"share":"https://ttm.financial/m/news/1156519886?lang=&edition=fundamental","pubTime":"2022-05-09 16:12","market":"us","language":"en","title":"Nvidia Stock Fell 2% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1156519886","media":"Tiger Newspress","summary":"Nvidia Stock Fell 2% in Premarket Trading as Nvidia to Pay $5.5 Million to Settle SEC Charges.Nvidia","content":"<html><head></head><body><p>Nvidia Stock Fell 2% in Premarket Trading as Nvidia to Pay $5.5 Million to Settle SEC Charges.<img src=\"https://static.tigerbbs.com/2ef779c9dabbab76079e2060f5a7ac2b\" tg-width=\"840\" tg-height=\"665\" width=\"100%\" height=\"auto\"/>Nvidia will pay a $5.5 million fine to the Securities and Exchange Commission to settle charges that allege the company failed to disclose the impact of cryptocurrency mining on its gaming business.</p><p>According to the SEC, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> failed to disclose that crypto mining was a significant element of its revenue growth from the sale of its gaming graphics processing units (GPUs) during consecutive quarters in 2018.</p><p>Nvidia agreed to a cease-and-desist order and to pay a $5.5 million penalty, but did not admit or deny the SEC’s filing.</p><p>Crypto mining started gaining traction in 2017, fueling demand for high-powered GPUs well into 2018, the SEC said. Nvidia’s gaming revenue increased by 52% year over year during the second quarter of 2018 and by 25% for the third quarter of that year. During the relevant period, some of the company’s sales personnel expressed their belief that rising demand for the company’s gaming products, especially in China, was driven by crypto mining, but Nvidia failed to disclose the information to investors, the SEC said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock Fell 2% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Stock Fell 2% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-09 16:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nvidia Stock Fell 2% in Premarket Trading as Nvidia to Pay $5.5 Million to Settle SEC Charges.<img src=\"https://static.tigerbbs.com/2ef779c9dabbab76079e2060f5a7ac2b\" tg-width=\"840\" tg-height=\"665\" width=\"100%\" height=\"auto\"/>Nvidia will pay a $5.5 million fine to the Securities and Exchange Commission to settle charges that allege the company failed to disclose the impact of cryptocurrency mining on its gaming business.</p><p>According to the SEC, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> failed to disclose that crypto mining was a significant element of its revenue growth from the sale of its gaming graphics processing units (GPUs) during consecutive quarters in 2018.</p><p>Nvidia agreed to a cease-and-desist order and to pay a $5.5 million penalty, but did not admit or deny the SEC’s filing.</p><p>Crypto mining started gaining traction in 2017, fueling demand for high-powered GPUs well into 2018, the SEC said. Nvidia’s gaming revenue increased by 52% year over year during the second quarter of 2018 and by 25% for the third quarter of that year. During the relevant period, some of the company’s sales personnel expressed their belief that rising demand for the company’s gaming products, especially in China, was driven by crypto mining, but Nvidia failed to disclose the information to investors, the SEC said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156519886","content_text":"Nvidia Stock Fell 2% in Premarket Trading as Nvidia to Pay $5.5 Million to Settle SEC Charges.Nvidia will pay a $5.5 million fine to the Securities and Exchange Commission to settle charges that allege the company failed to disclose the impact of cryptocurrency mining on its gaming business.According to the SEC, Nvidia failed to disclose that crypto mining was a significant element of its revenue growth from the sale of its gaming graphics processing units (GPUs) during consecutive quarters in 2018.Nvidia agreed to a cease-and-desist order and to pay a $5.5 million penalty, but did not admit or deny the SEC’s filing.Crypto mining started gaining traction in 2017, fueling demand for high-powered GPUs well into 2018, the SEC said. Nvidia’s gaming revenue increased by 52% year over year during the second quarter of 2018 and by 25% for the third quarter of that year. During the relevant period, some of the company’s sales personnel expressed their belief that rising demand for the company’s gaming products, especially in China, was driven by crypto mining, but Nvidia failed to disclose the information to investors, the SEC said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124981290,"gmtCreate":1624719279610,"gmtModify":1703844085840,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/124981290","repostId":"1108941456","repostType":4,"repost":{"id":"1108941456","kind":"news","pubTimestamp":1624664800,"share":"https://ttm.financial/m/news/1108941456?lang=&edition=fundamental","pubTime":"2021-06-26 07:46","market":"us","language":"en","title":"Is Apple A Better Buy Than Other FAANG Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=1108941456","media":"seekingalpha","summary":"Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.At 26-64x this year's expected net profi","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.</li>\n <li>Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.</li>\n <li>I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8bb49d385ec6d3044db2f4474cbb2c57\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>MagioreStock/iStock Editorial via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Going with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.</p>\n<p><b>Are FAANG Stocks A Good Investment?</b></p>\n<p>Looking back a couple of years, the answer is pretty clear that FAANG stocks at least<i>were</i>a good investment in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae2b8e2b9caf99f74c28bafc10a0a872\" tg-width=\"635\" tg-height=\"484\"><span>Data by YCharts</span></p>\n<p>With gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.</p>\n<p>These factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ef865eea7af4369048432a9c85d1d83\" tg-width=\"635\" tg-height=\"540\"><span>Data by YCharts</span></p>\n<p>At 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from&nbsp;Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.</p>\n<p><b>What Investors Can Expect From Apple</b></p>\n<p>Apple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate&nbsp;in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.</p>\n<p><b>Apple Versus Facebook</b></p>\n<p>Both Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fd8043ca75dcb2c38f5ffa427c8c0b9\" tg-width=\"635\" tg-height=\"433\"><span>Data by YCharts</span></p>\n<p>Facebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3d49e0007aa77608b2992a9fef2142d\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>The fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b16c9b3e2eac182d42686bcd8a98fc5\" tg-width=\"635\" tg-height=\"515\"><span>Data by YCharts</span></p>\n<p>While Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.</p>\n<p>To sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.</p>\n<p><b>Apple Versus Alphabet</b></p>\n<p>When we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6360514d097081c546a0ccacfbdc7af6\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Alphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.</p>\n<p>Nevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhat<i>smaller</i>net cash position of $80 billion, although that still makes for a very strong balance sheet, of course.</p>\n<p>All in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.</p>\n<p><b>Apple Versus Netflix And Amazon</b></p>\n<p>Looking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.</p>\n<p>This huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ccc2536fa3cadf06639a89e0b211b9a\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>AMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.</p>\n<p>Netflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d84f013051fbb00b6b488f5cfed66d4\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Netflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&amp;T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.</p>\n<p>Amazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.</p>\n<p><b>Which Is The Best FAANG Stock To Buy?</b></p>\n<p>Not every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.</p>\n<p>Alphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.</p>\n<p>Depending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple A Better Buy Than Other FAANG Stocks?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple A Better Buy Than Other FAANG Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108941456","content_text":"Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.\nI believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.\n\nMagioreStock/iStock Editorial via Getty Images\nArticle Thesis\nGoing with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.\nAre FAANG Stocks A Good Investment?\nLooking back a couple of years, the answer is pretty clear that FAANG stocks at leastwerea good investment in the recent past:\nData by YCharts\nWith gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.\nThese factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:\nData by YCharts\nAt 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.\nWhat Investors Can Expect From Apple\nApple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.\nApple Versus Facebook\nBoth Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:\nData by YCharts\nFacebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:\nData by YCharts\nThe fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:\nData by YCharts\nWhile Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.\nTo sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.\nApple Versus Alphabet\nWhen we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.\nData by YCharts\nAlphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.\nNevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhatsmallernet cash position of $80 billion, although that still makes for a very strong balance sheet, of course.\nAll in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.\nApple Versus Netflix And Amazon\nLooking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.\nThis huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:\nData by YCharts\nAMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.\nNetflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:\nData by YCharts\nNetflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.\nAmazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.\nWhich Is The Best FAANG Stock To Buy?\nNot every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.\nAlphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.\nDepending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!","news_type":1},"isVote":1,"tweetType":1,"viewCount":722,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076703518,"gmtCreate":1657898692334,"gmtModify":1676536079281,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"[Thinking]&nbsp;","listText":"[Thinking]&nbsp;","text":"[Thinking]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076703518","repostId":"1124443778","repostType":4,"isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062138105,"gmtCreate":1652020502807,"gmtModify":1676535014640,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062138105","repostId":"1173494329","repostType":4,"repost":{"id":"1173494329","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1651132477,"share":"https://ttm.financial/m/news/1173494329?lang=&edition=fundamental","pubTime":"2022-04-28 15:54","market":"hk","language":"en","title":"Reminder: Hong Kong Market Will Be Closed on May 9 for Buddha’s Birthday","url":"https://stock-news.laohu8.com/highlight/detail?id=1173494329","media":"Tiger Newspress","summary":"The Hong Kong market will be closed on Monday, 9 May 2022 due to Buddha's Birthday celebrations. Ple","content":"<html><head></head><body><p>The Hong Kong market will be closed on Monday, 9 May 2022 due to Buddha&#39;s Birthday celebrations. Please consider any trading restrictions that might apply during this holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/568135ae9cd4f1acc0ee189f8732b540\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: Hong Kong Market Will Be Closed on May 9 for Buddha’s Birthday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: Hong Kong Market Will Be Closed on May 9 for Buddha’s Birthday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-28 15:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Hong Kong market will be closed on Monday, 9 May 2022 due to Buddha&#39;s Birthday celebrations. Please consider any trading restrictions that might apply during this holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/568135ae9cd4f1acc0ee189f8732b540\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XKO.AU":"标普/澳交所 300指数",".DJI":"道琼斯","STI.SI":"富时新加坡海峡指数",".IXIC":"NASDAQ Composite","XAO.AU":"标普/澳交所 普通股指数","HSI":"恒生指数",".SPX":"S&P 500 Index","XJO.AU":"标普/澳交所 200指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173494329","content_text":"The Hong Kong market will be closed on Monday, 9 May 2022 due to Buddha's Birthday celebrations. Please consider any trading restrictions that might apply during this holiday period and make the necessary preparations in advance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9086247205,"gmtCreate":1650465323652,"gmtModify":1676534730136,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Market is so sensitive till one stock can always affect the performance of whole sector&nbsp;[Speechless]&nbsp;","listText":"Market is so sensitive till one stock can always affect the performance of whole sector&nbsp;[Speechless]&nbsp;","text":"Market is so sensitive till one stock can always affect the performance of whole sector [Speechless]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9086247205","repostId":"1147776638","repostType":4,"repost":{"id":"1147776638","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1650442000,"share":"https://ttm.financial/m/news/1147776638?lang=&edition=fundamental","pubTime":"2022-04-20 16:06","market":"us","language":"en","title":"Streaming Media Stocks Tumbled in Premarket Trading, with Roku Falling Nearly 7% and Disney Falling Over 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1147776638","media":"Tiger Newspress","summary":"Streaming media stocks tumbled in premarket trading, with Roku falling nearly 7% and Disney falling ","content":"<html><head></head><body><p>Streaming media stocks tumbled in premarket trading, with Roku falling nearly 7% and Disney falling over 4%.<img src=\"https://static.tigerbbs.com/24dea835750bb1fd844c3d67c4cb7394\" tg-width=\"318\" tg-height=\"197\" width=\"100%\" height=\"auto\"/>Netflix said in its quarterly letter to investors: &#34;Paid net additions were -0.2m compared against our guidance forecast of 2.5m and 4.0m in the same quarter a year ago. The suspension of our service in Russia and winding-down of all Russian paid memberships resulted in a -0.7m impact on paid net adds; excluding this impact, paid net additions totaled +0.5m. The main challenge for membership growth is continued soft acquisition across all regions. Retention was also slightly lower relative to our guidance forecast, although it remains at a very healthy level (we believe among the best in the industry). Recent price changes are largely tracking in-line with our expectations and remain significantly revenue positive.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Streaming Media Stocks Tumbled in Premarket Trading, with Roku Falling Nearly 7% and Disney Falling Over 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStreaming Media Stocks Tumbled in Premarket Trading, with Roku Falling Nearly 7% and Disney Falling Over 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-20 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Streaming media stocks tumbled in premarket trading, with Roku falling nearly 7% and Disney falling over 4%.<img src=\"https://static.tigerbbs.com/24dea835750bb1fd844c3d67c4cb7394\" tg-width=\"318\" tg-height=\"197\" width=\"100%\" height=\"auto\"/>Netflix said in its quarterly letter to investors: &#34;Paid net additions were -0.2m compared against our guidance forecast of 2.5m and 4.0m in the same quarter a year ago. The suspension of our service in Russia and winding-down of all Russian paid memberships resulted in a -0.7m impact on paid net adds; excluding this impact, paid net additions totaled +0.5m. The main challenge for membership growth is continued soft acquisition across all regions. Retention was also slightly lower relative to our guidance forecast, although it remains at a very healthy level (we believe among the best in the industry). Recent price changes are largely tracking in-line with our expectations and remain significantly revenue positive.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","DIS":"迪士尼"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147776638","content_text":"Streaming media stocks tumbled in premarket trading, with Roku falling nearly 7% and Disney falling over 4%.Netflix said in its quarterly letter to investors: \"Paid net additions were -0.2m compared against our guidance forecast of 2.5m and 4.0m in the same quarter a year ago. The suspension of our service in Russia and winding-down of all Russian paid memberships resulted in a -0.7m impact on paid net adds; excluding this impact, paid net additions totaled +0.5m. The main challenge for membership growth is continued soft acquisition across all regions. Retention was also slightly lower relative to our guidance forecast, although it remains at a very healthy level (we believe among the best in the industry). Recent price changes are largely tracking in-line with our expectations and remain significantly revenue positive.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088067998,"gmtCreate":1650291664027,"gmtModify":1676534688199,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"In overall, both have different strengths with minor overlapping field for competition currently.","listText":"In overall, both have different strengths with minor overlapping field for competition currently.","text":"In overall, both have different strengths with minor overlapping field for competition currently.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088067998","repostId":"2227600101","repostType":4,"repost":{"id":"2227600101","kind":"news","pubTimestamp":1650248539,"share":"https://ttm.financial/m/news/2227600101?lang=&edition=fundamental","pubTime":"2022-04-18 10:22","market":"us","language":"en","title":"Apple Vs. Microsoft: Why We Like Apple Better","url":"https://stock-news.laohu8.com/highlight/detail?id=2227600101","media":"seekingalpha","summary":"SummaryThe competition between Apple and Microsoft has shaped the evolution of personal computing.Th","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The competition between Apple and Microsoft has shaped the evolution of personal computing.</li><li>Their competition will continue in many core areas, but both are good candidates to play the world’s unstoppable shift toward a digital future.</li><li>This article provides an in-depth comparison so you can see why we like Apple better ourselves.</li><li>Our investing roadmap shows Apple provides a higher return potential with its better profitability, better R&amp;D yields, lower valuation, and consumer-centric devices.</li><li>And having a coherent investing roadmap keeps us clear headed, especially during challenging times like this.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0f5fd4c711942def6b79ac0bfdd04167\" tg-width=\"750\" tg-height=\"479\" referrerpolicy=\"no-referrer\"/><span>Chip Somodevilla/Getty Images News</span></p><p><b>The investment thesis</b></p><p>The thesis of this article is really simple – under the current conditions, both Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) provide far superior returns for long-term investors than the overall market. The key argument is built on the following chart. This chart also is the roadmap that we use in our Marketplace service to pick our tactical holdings. Having a coherent investing roadmap keeps us clear-headed, especially during challenging times like this.</p><p>You will see from the following chart, AAPL is projected to provide about 13% annual return (“ROI”) in the long term and MSFT about 10%, while the overall market is only about 6.5%. The main reasons are threefold:</p><ul><li>Their far superior ROCE (return on capital employed) over the market average, which gives it the ability to grow without the need for too much capital and subsequently can return most of the earnings to shareholders (either as dividends or share buybacks).</li><li>Their fundamental business models provide a stable moat and enjoy strong secular support.</li><li>Yet both of them sell at a similar valuation compared to the overall market.</li></ul><p>Then we will detail the reasons why we only own AAPL even though both are good candidates to play the world’s unstoppable shift toward a digital future. As you will see, the primary reason is that we like a concentrated portfolio and usually limit our exposure to one sector to one holding. And we choose AAPL because of its better profitability and its consumer-centric business model. We feel consumer stickiness, once established, is longer lasting and harder to change.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f9fbd0e002bec5dc3e06183618e8562\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: author</span></p><p><b>How did we build our roadmap and how did it perform?</b></p><p>The key in building this road is to think like a business owner, not a stock trader. As detailed in our earlier article:</p><blockquote><ul><li><i>The long-term ROI for a business owner is simply determined by two things: A) the price paid to buy the business and B) the quality of the business. More specifically, part A is determined by the owner’s earning yield (“OEY”) when we purchased the business. And that is why PE is the first dimension in our roadmap. Part B is determined by the quality of the business and that is why ROCE, the most important metric for profitability, is the second dimension in our roadmap.</i></li><li><i>Now, the long-term growth rate is governed by ROCE and the Reinvestment Rate. These are the two most important growth engines, and they mutually enhance each other. High ROCE means every $1 reinvested can lead to a higher growth rate, which leads to more future profits and more flexible capital allocation to fuel further growth, and so on. So to summarize:</i></li><li><i>Longer-Term ROI = valuation + quality = OEY + Growth Rate = OEY + ROCE*Reinvestment Rate</i></li></ul></blockquote><p>The performance of our stocks picked using this road is recently updated in this article. Using the date I first published our portfolio on 5/31/2021 as the inception date, our picks have outperformed the S&amp;P 500 by about 11%.</p><p>With this background, the remainder of this article will show how the above roadmap applies to AAPL and MSFT.</p><p><b>APPL vs MSFT: the competitive landscape</b></p><p>AAPL and MSFT compete head-on in many of their core areas, ranging from operation systems, digital ad, mobile devices, PCs and laptops, et al. Besides their own competitions, they also face competition from all sides. No big tech companies stay in their own corner these days. For example, MSFT’s Bing search is in direct competition with Google. GOOG’s Chrome OS and Android OS now have become popular desktop operating systems in the world, directly and meaningfully competing with MSFT Windows and also Apple IOS.</p><p>But overall, they dominate the intersection of technology and consumer access. As such, both are protected by a formidable moat and well positioned to benefit from our world’s continued shifts toward digitalization. And the good news is that the pie is getting bigger itself as our appetite grows exponentially for data, automation, and entertainment.</p><p>Although we like AAPL better ourselves, we really do not see a bad choice here. Investors just need to pick the one that suits their own risk profile and fits in their own circle of competence.</p><p>For us, we understand AAPL’s consumer-centric business model better than MSFT’s enterprise-centric model. AAPL has mastered the interplay of freemium pricing and premium pricing strategy with billions of consumers. It can set substantially higher prices for its products (ranging from iPhone, MacBook, iPad, et al) than Microsoft and Android devices. As you will see immediately below, it has created a profitability category of its own kind.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/520b7911627c79cc9d82b83c715f8170\" tg-width=\"640\" tg-height=\"390\" referrerpolicy=\"no-referrer\"/><span>Source: https://startuptalky.com/apple-vs-microsoft-marketing-strategy/</span></p><p><b>MSFT: more consistent and aggressive R&amp;D</b></p><p>First, we do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&amp;D efforts sustainably, and B) the overall efficiency of the R&amp;D <i>process</i>. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&amp;D expenditures, and B) has demonstrated a consistent R&amp;D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).</p><p>So let’s first see how well and sustainably MSFT and AAPL can fund their new R&amp;D efforts. The short answer is: Extremely well. The next chart shows the R&amp;D expenses of MSFT and AAPL over the past decade. As seen, both have been consistently investing heavily in R&amp;D. A few observations:</p><ul><li>MSFT has been spending very consistently on R&amp;D, on average about 13% of its total revenue.</li><li>AAPL’s story is a bit more colorful. It did not spend that much on R&amp;D earlier in the decade. Partly because AAPL products were so disruptive at that time and enjoyed a quasi-monopoly status. Partly because Steve Jobs himself did not believe in R&amp;D spending. He commented that “Innovation has nothing to do with how many R&amp;D dollars you have. It&#39;s not about money.”</li><li>Then Tim Cook transitioned it to a different model. He more than doubled the R&amp;D expenses since he took over. The R&amp;D expenses are on average about 6.1% of sales now, still lower than other tech giants in relative terms. But in absolute terms, it&#39;s a mind-boggling amount (exceeding $20 billion in 2021).</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7152ffd849f9eba247a9dc86052864b4\" tg-width=\"640\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/><span>Author</span></p><p>Then the next question is, how effective is the R&amp;D process? The short answer is again: Extremely effective. We ourselves like to use a variation of Buffett’s $1 test on R&amp;D expenses. We do not only listen to CEOs’ pitches on their brilliant new ideas that will shake the earth (again). We also examine the financials to see their words are corroborated by the numbers. And in MSFT and AAPL’s case, they are.</p><p>The purpose of any corporate R&amp;D is obviously to generate profit. Therefore, it&#39;s intuitive to quantify the yield by taking the ratio between profit and R&amp;D expenditures. This way we can quantify how many dollars of profit has been generated per dollar of R&amp;D expenses (i.e., the $1 test), as shown in the next chart. In this chart, I used the operating cash flow as the measure of profit. Also, most R&amp;D investments do not produce any results in the same year. They typically have a lifetime of a few years. Therefore, this analysis assumes a three-year average investment cycle for R&amp;D. And as a result, we use the three-year moving average of operating cash flow to represent this three-year cycle.</p><p>A few key observations:</p><ul><li>The R&amp;D yield for MSFT is again very consistent, boasting a long-term average of $2.8 of yield per $1 of R&amp;D expenditure. The consistency again shows the stable moat.</li><li>AAPL, as usual, has a more colorful story. As you can see, its R&amp;D yield has been more than $10 in 2013 under the tutelage of Steve Jobs. And it has declined to a range between $4.0 and $5.0 in recent years with an average of $4.3.</li><li>You might interpret the decline of AAPL’s R&amp;D yield as bad news. However, keep in mind that A) the level of profitability AAPL enjoyed in the early part of the decade is simply unsustainable, B) the decline is only relative to its own glorious past.</li><li>Overall, both AAPL and MSFT enjoy R&amp;D yields that are very competitive. To put things under perspective, for the overachieving FAAMG group, their average R&amp;D yield is “only” about $2.5.</li></ul><p>Then as we will next, both MSFT and AAPL enjoy superb profitability to fuel their R&amp;D efforts sustainably, which will lead to sustainable growth in turn.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7759bd87d22eab2200f1865c5436dc14\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/><span>Author</span></p><p><b>Both enjoy superb profitability but AAPL in its own category</b></p><p>When we think of long-term growth (like in 10 years or more), the framework I use is the following. In the long term, the growth rate is “simply” the product of ROCE and reinvestment rate, i.e.,</p><p><b>Long-Term Growth Rate = ROCE * Reinvestment Rate</b></p><p>ROCE stands for the return on capital employed and is the most important metric for measuring profitability. Note that ROCE is different from the return on equity (and more fundamental and important in my view). ROCE considers the return of capital ACTUALLY employed and therefore provides insight into how much additional capital a business needs to invest in order to earn a given extra amount of income – a key to estimating the long-term growth rate.</p><p>The detailed background ROCE has been detailed in my early articles and I will just directly quote the results below. In this analysis, I consider the following items capital actually employed A) Working capital (including payables, receivables, inventory), B) Gross Property, Plant, and Equipment, and C) Research and development expenses are also capitalized.</p><p>Based on the above considerations, the ROCE of MSFT and AAPL over the past decade is shown below. As seen,</p><ul><li>MSFT again is able to maintain a remarkably high ROCE and consistent level of ROCE: On average about 67% in recent years.</li><li>AAPL’s ROCE again has “declined” from an unsustainable level of 200% to 300% in the early years of the decade to the current level of around 150% in recent years.</li><li>But the keyword here is again <i>relative</i>. Their current level of ROCE may be higher or lower relative to each other or their own past. But any ROCE above 60% is remarkable. To put things under perspective, the overachievers in the FAAMG pack have an average ROCE of around 50% in recent years.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/595c877bbeb53f45b4d80d0d41b7ba50\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/><span>Author</span></p><p>In terms of reinvestment rate, both companies enjoy enviable capital allocation flexibility. The capital allocation picture is really simple for both companies here: Both earn a load of cash organically from their operations but do not need to spend much.</p><p>Given their high ROCE, it obviously makes total sense to reinvest as much of their earnings back into the business to fuel further growth as possible. But the problem is that for businesses at this scale, there are just not that many opportunities to reinvest the earnings. As a result, both have been allocating a large part of the remaining earnings to buy back shares. According to the current financials available on Seeking Alpha, as of TTM 2022, MSFT has been spending about 33% of the OPC on average on share repurchases, and AAPL even higher, about 77%.</p><p>All told, my estimates are that MSFT has been maintaining a reinvestment rate between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%. And we will see the implications of the investment rates next.</p><p><b>Back to the roadmap</b></p><p>For AAPL, at its current price levels, the OEY is about ~3.8%. The growth rate is about 7.5% assuming a 7.5% reinvestment and a ROCE of 100% to be a bit conservative, resulting in a double-digit ROI already! For MSFT, the OEY is about ~3.3%. The growth rate is about 6.7% assuming a 10% reinvestment and a ROCE of 67%, resulting in about 10% ROI.</p><p>This is a key insight that we&#39;ve learned from Buffett – when you think like a business owner, you do not need a 10% growth rate to achieve a 10% return. We feel much more comfortable with a few percent of reliable and sustainable growth rate in stocks that we understand well.</p><p>The road map below shows the ROI based on an assumption of a 10% reinvestment rate, which is the average rate for the large and mature businesses in the S&amp;P 500 index. Admittedly, both MSFT&#39;s and AAPL’s reinvestment rate (especially APPL) is not as high as 10% currently. So the total ROI would be a bit lower than what is shown in the roadmap below. However, note that both boast strong cash generation capability and fortress balance sheet, which provide the optionality to crank up reinvestment rates or to boost growth through acquisitions.</p><p>In contrast, the overall market is currently valued at about 26.5x PE, resulting in an OEY of about 3.8%. however, the overall market’s ROCE is on the order of 20% or so. And with a 10% reinvestment rate, the growth rate would be about 2%, leading to a long-term ROI of about 6% per year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f9fbd0e002bec5dc3e06183618e8562\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: author</span></p><p><b>Risks</b></p><p>First and foremost, I do not see any structural risk associated with AAPL or MSFT at this moment. Remotely, there might be an antitrust regulatory risk. But even if it comes to that, I&#39;m not entirely certain if it will be bad for AAPL or MSFT investors for sure. If it really comes to that and the company has to be broken up, the market would be forced to value each of its business segments separately. And such a complete and transparent valuation may or may not result in a lower valuation.</p><p>There can be significant short-term volatility risks too. Regardless of AAPL and MSFT scale and business model, the valuation is at a high level and the overall market itself is also near a historical record valuation. There are several large macroeconomic and geopolitical uncertainties unfolding right now, including the pandemic, Ukraine conflicts, global logistic chain interruptions, and Fed’s interest rate decisions. Such a combination of high valuation and high volatility certainly could cause short terms risks – but are irrelevant for the long term.</p><p><b>Conclusion and final thought</b></p><p>When we invest like a business owner, not a stock trader, our long-term ROI is simply the sum of two things: A) the price paid to buy the business and B) the quality of the business. In both MSFT and AAPL’s case, they provide a far superior return for long-term investors than the overall market because of their far superior ROCE over the market average. Such high ROCE gives it the ability to grow without the need for too much capital and subsequently can return most of the earnings to shareholders (either as dividends or share buybacks).</p><p>The key takeaways are:</p><ul><li>Both dominate the intersection of technology and consumer access and both are protected by a formidable moat. They both provide favorable odds for double-digit returns in the long term.</li><li>As such, we really do not see a bad choice here. Investors just need to pick the one that suits their own risk profile and fits in their own circle of competence.</li><li>We like AAPL better ourselves mostly because we understand its consumer-centric business model better. We understand the roots of its superb profitability and consumer stickiness. After all and above all, having a coherent investing roadmap and staying within one’s circle of competence is the key to investing.</li></ul></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Vs. Microsoft: Why We Like Apple Better</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Vs. Microsoft: Why We Like Apple Better\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-18 10:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4501666-apple-vs-microsoft-why-we-like-apple-better><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe competition between Apple and Microsoft has shaped the evolution of personal computing.Their competition will continue in many core areas, but both are good candidates to play the world’s ...</p>\n\n<a href=\"https://seekingalpha.com/article/4501666-apple-vs-microsoft-why-we-like-apple-better\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4097":"系统软件","BK4532":"文艺复兴科技持仓","BK4577":"网络游戏","BK4503":"景林资产持仓","BK4567":"ESG概念","BK4538":"云计算","BK4548":"巴美列捷福持仓","BK4505":"高瓴资本持仓","BK4525":"远程办公概念","BK4571":"数字音乐概念","BK4507":"流媒体概念","AAPL":"苹果","BK4535":"淡马锡持仓","BK4501":"段永平概念","BK4554":"元宇宙及AR概念","BK4574":"无人驾驶","BK4573":"虚拟现实","BK4170":"电脑硬件、储存设备及电脑周边","BK4550":"红杉资本持仓","BK4504":"桥水持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4553":"喜马拉雅资本持仓","BK4516":"特朗普概念","BK4576":"AR","BK4527":"明星科技股","BK4579":"人工智能","BK4559":"巴菲特持仓","BK4528":"SaaS概念","BK4575":"芯片概念","BK4512":"苹果概念","MSFT":"微软","BK4515":"5G概念","BK4581":"高盛持仓"},"source_url":"https://seekingalpha.com/article/4501666-apple-vs-microsoft-why-we-like-apple-better","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2227600101","content_text":"SummaryThe competition between Apple and Microsoft has shaped the evolution of personal computing.Their competition will continue in many core areas, but both are good candidates to play the world’s unstoppable shift toward a digital future.This article provides an in-depth comparison so you can see why we like Apple better ourselves.Our investing roadmap shows Apple provides a higher return potential with its better profitability, better R&D yields, lower valuation, and consumer-centric devices.And having a coherent investing roadmap keeps us clear headed, especially during challenging times like this.Chip Somodevilla/Getty Images NewsThe investment thesisThe thesis of this article is really simple – under the current conditions, both Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) provide far superior returns for long-term investors than the overall market. The key argument is built on the following chart. This chart also is the roadmap that we use in our Marketplace service to pick our tactical holdings. Having a coherent investing roadmap keeps us clear-headed, especially during challenging times like this.You will see from the following chart, AAPL is projected to provide about 13% annual return (“ROI”) in the long term and MSFT about 10%, while the overall market is only about 6.5%. The main reasons are threefold:Their far superior ROCE (return on capital employed) over the market average, which gives it the ability to grow without the need for too much capital and subsequently can return most of the earnings to shareholders (either as dividends or share buybacks).Their fundamental business models provide a stable moat and enjoy strong secular support.Yet both of them sell at a similar valuation compared to the overall market.Then we will detail the reasons why we only own AAPL even though both are good candidates to play the world’s unstoppable shift toward a digital future. As you will see, the primary reason is that we like a concentrated portfolio and usually limit our exposure to one sector to one holding. And we choose AAPL because of its better profitability and its consumer-centric business model. We feel consumer stickiness, once established, is longer lasting and harder to change.Source: authorHow did we build our roadmap and how did it perform?The key in building this road is to think like a business owner, not a stock trader. As detailed in our earlier article:The long-term ROI for a business owner is simply determined by two things: A) the price paid to buy the business and B) the quality of the business. More specifically, part A is determined by the owner’s earning yield (“OEY”) when we purchased the business. And that is why PE is the first dimension in our roadmap. Part B is determined by the quality of the business and that is why ROCE, the most important metric for profitability, is the second dimension in our roadmap.Now, the long-term growth rate is governed by ROCE and the Reinvestment Rate. These are the two most important growth engines, and they mutually enhance each other. High ROCE means every $1 reinvested can lead to a higher growth rate, which leads to more future profits and more flexible capital allocation to fuel further growth, and so on. So to summarize:Longer-Term ROI = valuation + quality = OEY + Growth Rate = OEY + ROCE*Reinvestment RateThe performance of our stocks picked using this road is recently updated in this article. Using the date I first published our portfolio on 5/31/2021 as the inception date, our picks have outperformed the S&P 500 by about 11%.With this background, the remainder of this article will show how the above roadmap applies to AAPL and MSFT.APPL vs MSFT: the competitive landscapeAAPL and MSFT compete head-on in many of their core areas, ranging from operation systems, digital ad, mobile devices, PCs and laptops, et al. Besides their own competitions, they also face competition from all sides. No big tech companies stay in their own corner these days. For example, MSFT’s Bing search is in direct competition with Google. GOOG’s Chrome OS and Android OS now have become popular desktop operating systems in the world, directly and meaningfully competing with MSFT Windows and also Apple IOS.But overall, they dominate the intersection of technology and consumer access. As such, both are protected by a formidable moat and well positioned to benefit from our world’s continued shifts toward digitalization. And the good news is that the pie is getting bigger itself as our appetite grows exponentially for data, automation, and entertainment.Although we like AAPL better ourselves, we really do not see a bad choice here. Investors just need to pick the one that suits their own risk profile and fits in their own circle of competence.For us, we understand AAPL’s consumer-centric business model better than MSFT’s enterprise-centric model. AAPL has mastered the interplay of freemium pricing and premium pricing strategy with billions of consumers. It can set substantially higher prices for its products (ranging from iPhone, MacBook, iPad, et al) than Microsoft and Android devices. As you will see immediately below, it has created a profitability category of its own kind.Source: https://startuptalky.com/apple-vs-microsoft-marketing-strategy/MSFT: more consistent and aggressive R&DFirst, we do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&D efforts sustainably, and B) the overall efficiency of the R&D process. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&D expenditures, and B) has demonstrated a consistent R&D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).So let’s first see how well and sustainably MSFT and AAPL can fund their new R&D efforts. The short answer is: Extremely well. The next chart shows the R&D expenses of MSFT and AAPL over the past decade. As seen, both have been consistently investing heavily in R&D. A few observations:MSFT has been spending very consistently on R&D, on average about 13% of its total revenue.AAPL’s story is a bit more colorful. It did not spend that much on R&D earlier in the decade. Partly because AAPL products were so disruptive at that time and enjoyed a quasi-monopoly status. Partly because Steve Jobs himself did not believe in R&D spending. He commented that “Innovation has nothing to do with how many R&D dollars you have. It's not about money.”Then Tim Cook transitioned it to a different model. He more than doubled the R&D expenses since he took over. The R&D expenses are on average about 6.1% of sales now, still lower than other tech giants in relative terms. But in absolute terms, it's a mind-boggling amount (exceeding $20 billion in 2021).AuthorThen the next question is, how effective is the R&D process? The short answer is again: Extremely effective. We ourselves like to use a variation of Buffett’s $1 test on R&D expenses. We do not only listen to CEOs’ pitches on their brilliant new ideas that will shake the earth (again). We also examine the financials to see their words are corroborated by the numbers. And in MSFT and AAPL’s case, they are.The purpose of any corporate R&D is obviously to generate profit. Therefore, it's intuitive to quantify the yield by taking the ratio between profit and R&D expenditures. This way we can quantify how many dollars of profit has been generated per dollar of R&D expenses (i.e., the $1 test), as shown in the next chart. In this chart, I used the operating cash flow as the measure of profit. Also, most R&D investments do not produce any results in the same year. They typically have a lifetime of a few years. Therefore, this analysis assumes a three-year average investment cycle for R&D. And as a result, we use the three-year moving average of operating cash flow to represent this three-year cycle.A few key observations:The R&D yield for MSFT is again very consistent, boasting a long-term average of $2.8 of yield per $1 of R&D expenditure. The consistency again shows the stable moat.AAPL, as usual, has a more colorful story. As you can see, its R&D yield has been more than $10 in 2013 under the tutelage of Steve Jobs. And it has declined to a range between $4.0 and $5.0 in recent years with an average of $4.3.You might interpret the decline of AAPL’s R&D yield as bad news. However, keep in mind that A) the level of profitability AAPL enjoyed in the early part of the decade is simply unsustainable, B) the decline is only relative to its own glorious past.Overall, both AAPL and MSFT enjoy R&D yields that are very competitive. To put things under perspective, for the overachieving FAAMG group, their average R&D yield is “only” about $2.5.Then as we will next, both MSFT and AAPL enjoy superb profitability to fuel their R&D efforts sustainably, which will lead to sustainable growth in turn.AuthorBoth enjoy superb profitability but AAPL in its own categoryWhen we think of long-term growth (like in 10 years or more), the framework I use is the following. In the long term, the growth rate is “simply” the product of ROCE and reinvestment rate, i.e.,Long-Term Growth Rate = ROCE * Reinvestment RateROCE stands for the return on capital employed and is the most important metric for measuring profitability. Note that ROCE is different from the return on equity (and more fundamental and important in my view). ROCE considers the return of capital ACTUALLY employed and therefore provides insight into how much additional capital a business needs to invest in order to earn a given extra amount of income – a key to estimating the long-term growth rate.The detailed background ROCE has been detailed in my early articles and I will just directly quote the results below. In this analysis, I consider the following items capital actually employed A) Working capital (including payables, receivables, inventory), B) Gross Property, Plant, and Equipment, and C) Research and development expenses are also capitalized.Based on the above considerations, the ROCE of MSFT and AAPL over the past decade is shown below. As seen,MSFT again is able to maintain a remarkably high ROCE and consistent level of ROCE: On average about 67% in recent years.AAPL’s ROCE again has “declined” from an unsustainable level of 200% to 300% in the early years of the decade to the current level of around 150% in recent years.But the keyword here is again relative. Their current level of ROCE may be higher or lower relative to each other or their own past. But any ROCE above 60% is remarkable. To put things under perspective, the overachievers in the FAAMG pack have an average ROCE of around 50% in recent years.AuthorIn terms of reinvestment rate, both companies enjoy enviable capital allocation flexibility. The capital allocation picture is really simple for both companies here: Both earn a load of cash organically from their operations but do not need to spend much.Given their high ROCE, it obviously makes total sense to reinvest as much of their earnings back into the business to fuel further growth as possible. But the problem is that for businesses at this scale, there are just not that many opportunities to reinvest the earnings. As a result, both have been allocating a large part of the remaining earnings to buy back shares. According to the current financials available on Seeking Alpha, as of TTM 2022, MSFT has been spending about 33% of the OPC on average on share repurchases, and AAPL even higher, about 77%.All told, my estimates are that MSFT has been maintaining a reinvestment rate between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%. And we will see the implications of the investment rates next.Back to the roadmapFor AAPL, at its current price levels, the OEY is about ~3.8%. The growth rate is about 7.5% assuming a 7.5% reinvestment and a ROCE of 100% to be a bit conservative, resulting in a double-digit ROI already! For MSFT, the OEY is about ~3.3%. The growth rate is about 6.7% assuming a 10% reinvestment and a ROCE of 67%, resulting in about 10% ROI.This is a key insight that we've learned from Buffett – when you think like a business owner, you do not need a 10% growth rate to achieve a 10% return. We feel much more comfortable with a few percent of reliable and sustainable growth rate in stocks that we understand well.The road map below shows the ROI based on an assumption of a 10% reinvestment rate, which is the average rate for the large and mature businesses in the S&P 500 index. Admittedly, both MSFT's and AAPL’s reinvestment rate (especially APPL) is not as high as 10% currently. So the total ROI would be a bit lower than what is shown in the roadmap below. However, note that both boast strong cash generation capability and fortress balance sheet, which provide the optionality to crank up reinvestment rates or to boost growth through acquisitions.In contrast, the overall market is currently valued at about 26.5x PE, resulting in an OEY of about 3.8%. however, the overall market’s ROCE is on the order of 20% or so. And with a 10% reinvestment rate, the growth rate would be about 2%, leading to a long-term ROI of about 6% per year.Source: authorRisksFirst and foremost, I do not see any structural risk associated with AAPL or MSFT at this moment. Remotely, there might be an antitrust regulatory risk. But even if it comes to that, I'm not entirely certain if it will be bad for AAPL or MSFT investors for sure. If it really comes to that and the company has to be broken up, the market would be forced to value each of its business segments separately. And such a complete and transparent valuation may or may not result in a lower valuation.There can be significant short-term volatility risks too. Regardless of AAPL and MSFT scale and business model, the valuation is at a high level and the overall market itself is also near a historical record valuation. There are several large macroeconomic and geopolitical uncertainties unfolding right now, including the pandemic, Ukraine conflicts, global logistic chain interruptions, and Fed’s interest rate decisions. Such a combination of high valuation and high volatility certainly could cause short terms risks – but are irrelevant for the long term.Conclusion and final thoughtWhen we invest like a business owner, not a stock trader, our long-term ROI is simply the sum of two things: A) the price paid to buy the business and B) the quality of the business. In both MSFT and AAPL’s case, they provide a far superior return for long-term investors than the overall market because of their far superior ROCE over the market average. Such high ROCE gives it the ability to grow without the need for too much capital and subsequently can return most of the earnings to shareholders (either as dividends or share buybacks).The key takeaways are:Both dominate the intersection of technology and consumer access and both are protected by a formidable moat. They both provide favorable odds for double-digit returns in the long term.As such, we really do not see a bad choice here. Investors just need to pick the one that suits their own risk profile and fits in their own circle of competence.We like AAPL better ourselves mostly because we understand its consumer-centric business model better. We understand the roots of its superb profitability and consumer stickiness. After all and above all, having a coherent investing roadmap and staying within one’s circle of competence is the key to investing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122614047,"gmtCreate":1624616641789,"gmtModify":1703841801959,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Let's see&nbsp;","listText":"Let's see&nbsp;","text":"Let's see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122614047","repostId":"1137689091","repostType":4,"repost":{"id":"1137689091","kind":"news","pubTimestamp":1624592986,"share":"https://ttm.financial/m/news/1137689091?lang=&edition=fundamental","pubTime":"2021-06-25 11:49","market":"us","language":"en","title":"Cramer: Buying Opportunities in Russell Rebalancing","url":"https://stock-news.laohu8.com/highlight/detail?id=1137689091","media":"thestreet","summary":"With inflation jitters fading and market volatility receding recently, all eyes turn to the Russell 2000 Index rebalancing Friday. Where some see risk, Jim Cramer sees opportunity.Cramer made that point about the $9 trillion index and its “moving day” implications – and more on a recentMad Moneyshow.That means there are still a lot of bargains to be had, especially on Friday, when the Russell 2000 index will rebalance, creating lots of opportunities. It will be a chance to buy some great compani","content":"<p>With inflation jitters fading and market volatility receding recently, all eyes turn to the Russell 2000 Index rebalancing Friday. Where some see risk, Jim Cramer sees opportunity.</p>\n<p>Cramer made that point about the $9 trillion index and its “moving day” implications – and more on a recentMad Moneyshow.</p>\n<p>“The artificial forces that drove the market lower seem to have disappeared,” he said. Traders have all but forgotten about inflation and the Fed, meaning there’s more fuel for stock to rally.</p>\n<p>What's changed? The attitude of the buyers, Cramer said. Traders loathed the Fed's comments on inflation, but now they've come to terms with the fact that even with a little inflation, things are still looking pretty good for our economy.</p>\n<p>That means there are still a lot of bargains to be had, especially on Friday, when the Russell 2000 index will rebalance, creating lots of opportunities. It will be a chance to buy some great companies, like UPS&nbsp;(<b>UPS</b>) -Get Report, which reported strong earnings.</p>\n<p>Cramer also said the rebalancing may affect meme stocks. He has a bit of important advice for anyone who is short those equities:</p>\n<p>Investors are \"beginning to see signs of what could be an important rebalancing on Friday. We’ve got to focus on that.”</p>\n<p>He said he thinks “there are a lot of meme stocks that have been inflated since the last time we had a Russell rebalancing. And that means you want to go very lightly if you're short a stock like Clover Health Investments&nbsp;(<b>CLOV</b>) -Get Report, 34% shorted.”</p>\n<p>\"The meme stocks tend not to care about the actual fundamentals as much as they care about busting the shorts,\" Cramer said.</p>\n<p>In a special report from CME Group, Payal Shaw writes: The Russell 2000 reconstitutes its equity market indices every June, due primarily to the ever-shifting market tides that could throw the index out of whack if left unattended. Consequently, the Russell must recast to properly reflect those changes and to comply with its own public and transparent rules methodology.</p>\n<p>Why is the rebalancing so important to investors?</p>\n<p>The recast could lead to new opportunities reflecting shifts in market prices and volatility. The annual reconstitution is one of the most significant drivers of short-term shifts in supply and demand for U.S. equities, often leading to sizable price movements and volatility in individual company names or industry sectors. The final day of the reconstitution has typically been one of the highest trading volume days of the year in U.S. equity markets.</p>\n<p>Friday, investors can capitalize on companies moving in and out of the Russell 2000 after rebalancing by buying the former and selling the latter.</p>\n<p>The annual reconstitution requires thoughtful and well-executed risk management on the part of investors. It is one of the most significant drivers of short-term shifts in supply and demand for U.S. equities, often leading to sizable price movements and volatility in individual companies or industry sectors.</p>\n<p>Investors thinking about rebalancing their index exposures could involve buying all index additions and selling all index deletions, while carefully weighing the trade-offs between tracking error and minimization of price impacts and trading costs. Although reconstitution poses a risk of performance slippage and index tracking error, it also can present opportunities for investors seeking to benefit from share price moves that arise from reconstitution.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cramer: Buying Opportunities in Russell Rebalancing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCramer: Buying Opportunities in Russell Rebalancing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/jim-cramer/cramer-buying-opportunities-in-russell-rebalancing><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With inflation jitters fading and market volatility receding recently, all eyes turn to the Russell 2000 Index rebalancing Friday. Where some see risk, Jim Cramer sees opportunity.\nCramer made that ...</p>\n\n<a href=\"https://www.thestreet.com/jim-cramer/cramer-buying-opportunities-in-russell-rebalancing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.thestreet.com/jim-cramer/cramer-buying-opportunities-in-russell-rebalancing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137689091","content_text":"With inflation jitters fading and market volatility receding recently, all eyes turn to the Russell 2000 Index rebalancing Friday. Where some see risk, Jim Cramer sees opportunity.\nCramer made that point about the $9 trillion index and its “moving day” implications – and more on a recentMad Moneyshow.\n“The artificial forces that drove the market lower seem to have disappeared,” he said. Traders have all but forgotten about inflation and the Fed, meaning there’s more fuel for stock to rally.\nWhat's changed? The attitude of the buyers, Cramer said. Traders loathed the Fed's comments on inflation, but now they've come to terms with the fact that even with a little inflation, things are still looking pretty good for our economy.\nThat means there are still a lot of bargains to be had, especially on Friday, when the Russell 2000 index will rebalance, creating lots of opportunities. It will be a chance to buy some great companies, like UPS (UPS) -Get Report, which reported strong earnings.\nCramer also said the rebalancing may affect meme stocks. He has a bit of important advice for anyone who is short those equities:\nInvestors are \"beginning to see signs of what could be an important rebalancing on Friday. We’ve got to focus on that.”\nHe said he thinks “there are a lot of meme stocks that have been inflated since the last time we had a Russell rebalancing. And that means you want to go very lightly if you're short a stock like Clover Health Investments (CLOV) -Get Report, 34% shorted.”\n\"The meme stocks tend not to care about the actual fundamentals as much as they care about busting the shorts,\" Cramer said.\nIn a special report from CME Group, Payal Shaw writes: The Russell 2000 reconstitutes its equity market indices every June, due primarily to the ever-shifting market tides that could throw the index out of whack if left unattended. Consequently, the Russell must recast to properly reflect those changes and to comply with its own public and transparent rules methodology.\nWhy is the rebalancing so important to investors?\nThe recast could lead to new opportunities reflecting shifts in market prices and volatility. The annual reconstitution is one of the most significant drivers of short-term shifts in supply and demand for U.S. equities, often leading to sizable price movements and volatility in individual company names or industry sectors. The final day of the reconstitution has typically been one of the highest trading volume days of the year in U.S. equity markets.\nFriday, investors can capitalize on companies moving in and out of the Russell 2000 after rebalancing by buying the former and selling the latter.\nThe annual reconstitution requires thoughtful and well-executed risk management on the part of investors. It is one of the most significant drivers of short-term shifts in supply and demand for U.S. equities, often leading to sizable price movements and volatility in individual companies or industry sectors.\nInvestors thinking about rebalancing their index exposures could involve buying all index additions and selling all index deletions, while carefully weighing the trade-offs between tracking error and minimization of price impacts and trading costs. Although reconstitution poses a risk of performance slippage and index tracking error, it also can present opportunities for investors seeking to benefit from share price moves that arise from reconstitution.","news_type":1},"isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9063410539,"gmtCreate":1651505467824,"gmtModify":1676534917814,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Waiting to buy nvidia.","listText":"Waiting to buy nvidia.","text":"Waiting to buy nvidia.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9063410539","repostId":"1115089008","repostType":4,"repost":{"id":"1115089008","kind":"news","pubTimestamp":1651461673,"share":"https://ttm.financial/m/news/1115089008?lang=&edition=fundamental","pubTime":"2022-05-02 11:21","market":"us","language":"en","title":"3 Semiconductor Stocks to Buy for May 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1115089008","media":"InvestorPlace","summary":"Beaten-down semiconductor stocks could be in for a rebound, thanks to strong growth forecast for the industry","content":"<html><head></head><body><ul><li>These semiconductor stocks to buy all offer valuable upsides to investors.</li><li><b>Nvidia</b> (<b><u>NVDA</u></b>): Diversified products and end markets, strong execution and swelling market opportunity position the stock for growth.</li><li><b>Micron</b> (<b><u>MU</u></b>): A dominant market positioning and improving markets point to strong growth in the near term.</li><li><b>AMD</b> (<b><u>AMD</u></b>): Market share gains and lengthening semiconductor cycle bode well for the chipmaker.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e810948f0a5faa54c81c885d37234b6\" tg-width=\"1600\" tg-height=\"900\" width=\"100%\" height=\"auto\"/><span>Source: Shutterstock</span></p><p>Semiconductor stocks have retreated sharply in the year-to-date period. The <b>iShares Semiconductor ETF</b> (NASDAQ:<b><u>SOXX</u></b>), considered a proxy of the industry, has shed 25% year-to-period. This is steeper than the 20% drop for the <b>Invesco QQQ Trust</b> (NASDAQ:<b><u>QQQ</u></b>) and 12% decline for the <b>SPDR S&amp;P 500 ETF Trust</b> (NYSE:<b><u>SPY</u></b>).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9a503520de775704f0c3cfac4318d70\" tg-width=\"1024\" tg-height=\"554\" width=\"100%\" height=\"auto\"/><span>Source: Charts By TradingView</span></p><p>What’s ailing semiconductor stocks? The macroeconomic uncertainty and geopolitical tensions have dented consumer confidence and their willingness to purchase. U.S. consumer sentiment, as measured by the University of Michigan consumer sentiment index,fell to the lowest level in over 10 years in March before recovering slightly in April.</p><p>This is weighing down on the demand outlook for chip industry’s consumer-facing end markets such as smartphones.</p><p>On the supply side, companies are pressured by component shortages that have disrupted production plans. Then there is the input cost inflation these firms have to contend with.</p><p>But analysts are optimistic. As recently as this week, market research firm Gartner upwardly revised its semiconductor industry revenue forecast for 2022 by $37 billion to $676 billion. This represented a 13.6% year-over-year increase, coming on top of the 26.3% growth in 2021.</p><p>Much of the improvement is expected to come from higher average selling prices, according to Alan Priestley, research vice p resident at Gartner:</p><blockquote>“The semiconductor average selling price (ASP) hike from the chip shortage continues to be a key driver for growth in the global semiconductor market in 2022, but overall semiconductor component supply constraints are expected to gradually ease through 2022 and prices will stabilize with the improving inventory situation.”</blockquote><p>I used the following criteria to zero in on semiconductor stocks that offer huge upside potential:</p><ul><li>Market capitalization above $300 million</li><li>Average volume &amp; current volume greater than 500,000</li><li>Analyst recommendation of buy or better</li><li>Average analysts’ price target of 50% above current price</li><li>EPS growth of more than 15% next year</li><li>Average sales growth of more than 15% over the past five years</li></ul><p>The firm expects memory market and migration to 5G to fuel growth in the chip sector in 2022. These three stocks will benefit from that trend.</p><table><tbody><tr><td><b><u>NVDA</u></b></td><td>Nvidia</td><td>$190.07</td></tr><tr><td><b><u>MU</u></b></td><td>Micron</td><td>$69.20</td></tr><tr><td><b><u>AMD</u></b></td><td>AMD</td><td>$87.37</td></tr></tbody></table><p><b>Nvidia (NVDA)</b></p><p><b>Nvidia’s</b> (NASDAQ:<b><u>NVDA</u></b>) valuation could be a deterrent for those picking stocks purely based on valuation. The stock is trading at a pricier price-to-earnings (P/E) valuation of nearly 50 on a trailing twelve months, notably higher than the industry average of under 20. Does that mean one should shun the stock? Probably not.</p><p>Team Green has its hands in many pies. Nvidia’s revenue stream diversification came to the fore at its GTC 2022 developer conference held in late March. The company increased its long-term addressable market estimate to $1 trillion, with contributions from silicon and software. About $300 billion of this would come from artificial intelligence and omniverse enterprise software.</p><p>Nvidia is one of its kind and it has consistently grown its revenues at a stellar pace over the quarter, while also maintaining a strong margin profile.</p><p>As I recommended in late March, it isn’t too late to partake in the Nvidia party. As an added incentive, we now have an attractive entry point, thanks to the 35% plunge in the stock in the year-to-date period (YTD). The average analysts’ price target for Nvidia stock, according to TipRanks, is $336.57,suggesting roughly 76% upside potential.</p><p><b>Micron (MU)</b></p><p><b>Micron</b> (NASDAQ:<b><u>MU</u></b>) will likely benefit from strong demand for memory chips, which are integrated circuits that can store data. These are used in a variety of applications. The company sells a variety of memory and storage solutions.</p><p>Micron’s second-quarter results, released in late March, underline the fundamental soundness of the company. Both top- and bottom-line comfortably beat expectations. On the earnings call, chief financial officer David Zinsner said DRAM prices have begun to strengthen and the NAND market is stabilizing. That said, the executive expects supply constraints to limit the company’s ability to serve potential upside to demand.</p><p>All the same, the company said improving market conditions and its significantly strong competitive position have set it up for stellar financial results in the second half of the calendar year 2022.</p><p>The average analysts’ price target of $115.94 for Micron stock suggests there is scope for about 67% upside.</p><p><b>AMD (AMD)</b></p><p><b>AMD</b> (NASDAQ:<b><u>AMD</u></b>) has preserved its reputation as a growth stock ever since the Santa Clara, California-based company began a turnaround in 2017 with the launch of its Ryzen lineup of processors. The stock has not been immune to the tech sell-off seen since the start of the year. AMD stock has lost about 39% YTD.</p><p>Analysts attribute some of the weakness to investor fears of a cyclical slowdown or correction anticipated for the semiconductor sector.</p><p>AMD’s first-quarter results, due May 5, are widely expected to show 78% earnings per share (EPS) growth and 62% increase in revenue.</p><p>Earlier this week, Raymond James analyst Chris Caso upgraded AMD stock to a strong buy, premised o nmarket share gains in the data center segment. Tight supply conditions are prompting customers to commit to purchases from AMD, he added.</p><p>The company is expected to chip away at rival <b>Intel’s</b> (NASDAQ:<b><u>INTC</u></b>) share in the PC processor market in the coming years, while also solidifying its position in the server processor market.</p><p>AMD stock offers roughly 65% upside potential; the average analysts’ price target is at $143.94.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Semiconductor Stocks to Buy for May 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Semiconductor Stocks to Buy for May 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-02 11:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/https-investorplace-com-p2223938previewtrue/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These semiconductor stocks to buy all offer valuable upsides to investors.Nvidia (NVDA): Diversified products and end markets, strong execution and swelling market opportunity position the stock for ...</p>\n\n<a href=\"https://investorplace.com/2022/05/https-investorplace-com-p2223938previewtrue/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技","NVDA":"英伟达","AMD":"美国超微公司"},"source_url":"https://investorplace.com/2022/05/https-investorplace-com-p2223938previewtrue/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115089008","content_text":"These semiconductor stocks to buy all offer valuable upsides to investors.Nvidia (NVDA): Diversified products and end markets, strong execution and swelling market opportunity position the stock for growth.Micron (MU): A dominant market positioning and improving markets point to strong growth in the near term.AMD (AMD): Market share gains and lengthening semiconductor cycle bode well for the chipmaker.Source: ShutterstockSemiconductor stocks have retreated sharply in the year-to-date period. The iShares Semiconductor ETF (NASDAQ:SOXX), considered a proxy of the industry, has shed 25% year-to-period. This is steeper than the 20% drop for the Invesco QQQ Trust (NASDAQ:QQQ) and 12% decline for the SPDR S&P 500 ETF Trust (NYSE:SPY).Source: Charts By TradingViewWhat’s ailing semiconductor stocks? The macroeconomic uncertainty and geopolitical tensions have dented consumer confidence and their willingness to purchase. U.S. consumer sentiment, as measured by the University of Michigan consumer sentiment index,fell to the lowest level in over 10 years in March before recovering slightly in April.This is weighing down on the demand outlook for chip industry’s consumer-facing end markets such as smartphones.On the supply side, companies are pressured by component shortages that have disrupted production plans. Then there is the input cost inflation these firms have to contend with.But analysts are optimistic. As recently as this week, market research firm Gartner upwardly revised its semiconductor industry revenue forecast for 2022 by $37 billion to $676 billion. This represented a 13.6% year-over-year increase, coming on top of the 26.3% growth in 2021.Much of the improvement is expected to come from higher average selling prices, according to Alan Priestley, research vice p resident at Gartner:“The semiconductor average selling price (ASP) hike from the chip shortage continues to be a key driver for growth in the global semiconductor market in 2022, but overall semiconductor component supply constraints are expected to gradually ease through 2022 and prices will stabilize with the improving inventory situation.”I used the following criteria to zero in on semiconductor stocks that offer huge upside potential:Market capitalization above $300 millionAverage volume & current volume greater than 500,000Analyst recommendation of buy or betterAverage analysts’ price target of 50% above current priceEPS growth of more than 15% next yearAverage sales growth of more than 15% over the past five yearsThe firm expects memory market and migration to 5G to fuel growth in the chip sector in 2022. These three stocks will benefit from that trend.NVDANvidia$190.07MUMicron$69.20AMDAMD$87.37Nvidia (NVDA)Nvidia’s (NASDAQ:NVDA) valuation could be a deterrent for those picking stocks purely based on valuation. The stock is trading at a pricier price-to-earnings (P/E) valuation of nearly 50 on a trailing twelve months, notably higher than the industry average of under 20. Does that mean one should shun the stock? Probably not.Team Green has its hands in many pies. Nvidia’s revenue stream diversification came to the fore at its GTC 2022 developer conference held in late March. The company increased its long-term addressable market estimate to $1 trillion, with contributions from silicon and software. About $300 billion of this would come from artificial intelligence and omniverse enterprise software.Nvidia is one of its kind and it has consistently grown its revenues at a stellar pace over the quarter, while also maintaining a strong margin profile.As I recommended in late March, it isn’t too late to partake in the Nvidia party. As an added incentive, we now have an attractive entry point, thanks to the 35% plunge in the stock in the year-to-date period (YTD). The average analysts’ price target for Nvidia stock, according to TipRanks, is $336.57,suggesting roughly 76% upside potential.Micron (MU)Micron (NASDAQ:MU) will likely benefit from strong demand for memory chips, which are integrated circuits that can store data. These are used in a variety of applications. The company sells a variety of memory and storage solutions.Micron’s second-quarter results, released in late March, underline the fundamental soundness of the company. Both top- and bottom-line comfortably beat expectations. On the earnings call, chief financial officer David Zinsner said DRAM prices have begun to strengthen and the NAND market is stabilizing. That said, the executive expects supply constraints to limit the company’s ability to serve potential upside to demand.All the same, the company said improving market conditions and its significantly strong competitive position have set it up for stellar financial results in the second half of the calendar year 2022.The average analysts’ price target of $115.94 for Micron stock suggests there is scope for about 67% upside.AMD (AMD)AMD (NASDAQ:AMD) has preserved its reputation as a growth stock ever since the Santa Clara, California-based company began a turnaround in 2017 with the launch of its Ryzen lineup of processors. The stock has not been immune to the tech sell-off seen since the start of the year. AMD stock has lost about 39% YTD.Analysts attribute some of the weakness to investor fears of a cyclical slowdown or correction anticipated for the semiconductor sector.AMD’s first-quarter results, due May 5, are widely expected to show 78% earnings per share (EPS) growth and 62% increase in revenue.Earlier this week, Raymond James analyst Chris Caso upgraded AMD stock to a strong buy, premised o nmarket share gains in the data center segment. Tight supply conditions are prompting customers to commit to purchases from AMD, he added.The company is expected to chip away at rival Intel’s (NASDAQ:INTC) share in the PC processor market in the coming years, while also solidifying its position in the server processor market.AMD stock offers roughly 65% upside potential; the average analysts’ price target is at $143.94.","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9060284109,"gmtCreate":1651154836469,"gmtModify":1676534860074,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Good to learn the quotes.","listText":"Good to learn the quotes.","text":"Good to learn the quotes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9060284109","repostId":"1157805328","repostType":4,"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388884780,"gmtCreate":1613048180440,"gmtModify":1704877741907,"author":{"id":"3571792373977202","authorId":"3571792373977202","name":"MickeyLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571792373977202","idStr":"3571792373977202"},"themes":[],"htmlText":"Ongoing trend","listText":"Ongoing trend","text":"Ongoing trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/388884780","repostId":"1168862133","repostType":4,"repost":{"id":"1168862133","kind":"news","pubTimestamp":1613024272,"share":"https://ttm.financial/m/news/1168862133?lang=&edition=fundamental","pubTime":"2021-02-11 14:17","market":"us","language":"en","title":"Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1168862133","media":"Nasdaq","summary":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat","content":"<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?</p>\n<p>Well, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.</p>\n<p>Top Fintech Stocks To Watch</p>\n<ul>\n <li><b>Mogo Inc.</b>(NASDAQ: MOGO)</li>\n <li><b>PayPal Holdings Inc.</b>(NASDAQ: PYPL)</li>\n <li><b>Square Inc.</b>(NYSE: SQ)</li>\n <li><b>Green Dot Corporation</b>(NYSE: GDOT)</li>\n</ul>\n<p>Mogo Inc.</p>\n<p>Starting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.</p>\n<p>For starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?</p>\n<p>PayPal Holdings Inc.</p>\n<p>Following that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.</p>\n<p>For one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.<i>The “Pay in 4</i>” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.</p>\n<p>Square Inc.</p>\n<p>Another top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?</p>\n<p>Well, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?</p>\n<p>Green Dot Corporation</p>\n<p>Undoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.</p>\n<p>For the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “<i>living from paycheck to paycheck</i>”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “<i>Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.</i>” Has all this convinced you to add GDOT to your watchlist?</p>","source":"lsy1603171495471","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBest Stocks To Buy For 2021? 4 Fintech Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-11 14:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168862133","content_text":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?\nWell, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.\nTop Fintech Stocks To Watch\n\nMogo Inc.(NASDAQ: MOGO)\nPayPal Holdings Inc.(NASDAQ: PYPL)\nSquare Inc.(NYSE: SQ)\nGreen Dot Corporation(NYSE: GDOT)\n\nMogo Inc.\nStarting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.\nFor starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?\nPayPal Holdings Inc.\nFollowing that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.\nFor one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.The “Pay in 4” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.\nSquare Inc.\nAnother top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?\nWell, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?\nGreen Dot Corporation\nUndoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.\nFor the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “living from paycheck to paycheck”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.” Has all this convinced you to add GDOT to your watchlist?","news_type":1},"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}