D x E personal page - To The Moon

D x E

D x E

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02-13

Just invest, don't gamble

02-02

$STI ETF(ES3.SI)$ 10 coins

2023-12-22

Great ariticle, would you like to share it?

@TigerEvents:🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅

2023-12-15

$STI ETF(ES3.SI)$ is anyone able to get the 10 coins from posting?

2023-12-14

$STI ETF(ES3.SI)$ how to get 10 coins?

2023-12-14

$STI ETF(ES3.SI)$

2023-12-14

$Tesla Motors(TSLA)$ 10 coins, please

2023-12-14

$Tesla Motors(TSLA)$

2023-10-26

In the midst of war, struggles and uncertainties, is not low-cost index investing the way forward still?

2023-03-03

Low cost passive index fund investing - how many of you still do this?

2023-02-10

$STI ETF(ES3.SI)$ go long

2023-02-05

Tiger coin initiative makes investing interactive & interesting 🤔

2023-02-05

#STI index for slow and steady gains!

2022-09-29

$Straits Times Index(STI.SI)$

2022-09-28

$Straits Times Index(STI.SI)$

2022-09-27

$Straits Times Index(STI.SI)$

2022-09-26

$Straits Times Index(STI.SI)$

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$S&P 500(.SPX)$

2022-09-09

Easy to use, simple to navigate

2022-08-25

$Straits Times Index(STI.SI)$

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Index(STI.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9911690213","isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936352940,"gmtCreate":1662713348780,"gmtModify":1676537125197,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a><v-v data-views=\"1\"></v-v>","text":"$S&P 500(.SPX)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936352940","isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936359263,"gmtCreate":1662712621352,"gmtModify":1676537125038,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"Easy to use, simple to navigate","listText":"Easy to use, simple to navigate","text":"Easy to use, simple to 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Index(STI.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995319945","isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":251767435665704,"gmtCreate":1702509914764,"gmtModify":1702509917680,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> 10 coins, please","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> 10 coins, please","text":"$Tesla Motors(TSLA)$ 10 coins, please","images":[{"img":"https://community-static.tradeup.com/news/ded1548b7f91b4a41926413fe5d56be7","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/251767435665704","isVote":1,"tweetType":1,"viewCount":585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":251767164756072,"gmtCreate":1702509841239,"gmtModify":1702509843333,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>&nbsp;","text":"$Tesla Motors(TSLA)$","images":[{"img":"https://community-static.tradeup.com/news/51bb50416a88805ab02181b4570c770e","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/251767164756072","isVote":1,"tweetType":1,"viewCount":623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":174341862,"gmtCreate":1627082544356,"gmtModify":1703483801429,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"How about STI index&nbsp;","listText":"How about STI index&nbsp;","text":"How about STI index","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/174341862","repostId":"2153983997","repostType":4,"repost":{"id":"2153983997","kind":"highlight","pubTimestamp":1627045860,"share":"https://ttm.financial/m/news/2153983997?lang=&edition=fundamental","pubTime":"2021-07-23 21:11","market":"us","language":"en","title":"3 Stocks to Buy Whether or Not a Market Crash Is Near","url":"https://stock-news.laohu8.com/highlight/detail?id=2153983997","media":"Motley Fool","summary":"Maybe the market is about to crash, and maybe it isn't. These stocks look like good picks either way.","content":"<p>Rising COVID-19 cases. Concerns about the highly contagious delta variant. The possibility of another housing bubble bursting. These are some of the reasons why worries are increasing among investors that a stock market crash could be on the way.</p>\n<p>One of the biggest stock market bears, Harry Dent Jr., who predicted the dot.com bubble collapsing, even thinks that a market meltdown is likely within the next three months. Is all of the pessimism warranted? Maybe, maybe not.</p>\n<p>If you're leery about what's around the corner, here are three stocks to buy if a market crash is coming soon. And the great news about these stocks is that they're solid picks even if it doesn't happen.</p>\n<p><img src=\"https://static.tigerbbs.com/3105d12ec8b203883b5e91a709172e8b\" tg-width=\"700\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<h3>BioNTech</h3>\n<p>I personally don't think a stock market crash is just around the corner. If <a href=\"https://laohu8.com/S/AONE.U\">one</a> is, though, I suspect the cause will be the combination of the COVID-19 pandemic and sky-high market valuations. Assuming I'm right,&nbsp;<b>BioNTech</b> (NASDAQ:BNTX) should soar if the market crashes.</p>\n<p>A massive market sell-off due to COVID-19 worries would almost certainly light a fire beneath the stocks of the leading vaccine makers. My view is that BioNTech would be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the biggest winners in the group.</p>\n<p>BioNTech and its partner <b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a></b> (NYSE:PFE) are already moving forward with plans to test a vaccine that specifically targets the delta variant. That gives the companies a head start. BioNTech is by far the smallest of the companies with COVID-19 vaccines already on the market, which makes its shares more likely to jump higher on a positive catalyst. It's also easily the cheapest of these vaccine stocks, based on forward earnings multiples.</p>\n<p>What if there isn't an imminent market crash? BioNTech is still set to rake in billions of dollars with sales of its COVID-19 vaccine. The company will almost certainly use its growing cash stockpile to invest in expanding its pipeline. I think that BioNTech will be a winner over the long term, regardless of what happens over the short term.</p>\n<h3><a href=\"https://laohu8.com/S/DG\">Dollar General</a></h3>\n<p>I've maintained for a long time that&nbsp;<b>Dollar <a href=\"https://laohu8.com/S/BGC\">General</a></b> (NYSE:DG) is one of the best stocks to own during a market downturn. That view seemed to be confirmed during the big market meltdown last year.</p>\n<p><img src=\"https://static.tigerbbs.com/b0e75aa27d2d22b4296c80687da5be97\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"></p>\n<p>DG data by YCharts.</p>\n<p>Shares of Dollar General fell at first, but not nearly as much as most stocks did. Dollar General stock also rebounded much more quickly and trounced the overall market's return throughout the rest of the year.</p>\n<p>During uncertain times, consumers tighten their purse strings. That makes discount retailers such as Dollar General more attractive than ever.</p>\n<p>Even when the overall market performs well, though, Dollar General should still be able to grow. As a case in point, the company's shares delivered more than double the gain that the <b>S&amp;P 500</b> index did in the five years leading up to 2020 when the market was roaring.</p>\n<p>I think that Dollar General will be able to continue to beat the market. It's moving forward with an aggressive expansion strategy. The company is also undertaking a major initiative to \"establish itself as a health destination.\" While Dollar General didn't provide many details on exactly what its plans are, moving more into healthcare sounds like a smart move to me.</p>\n<h3>Viatris</h3>\n<p>There are at least two reasons why a given stock might hold up well during a big market sell-off. One is that its underlying business isn't impacted much by the reason behind the broader plunge. Another is that the stock is so cheap that investors scoop up shares if it falls much below its existing price. My take is that&nbsp;<b>Viatris</b> (NASDAQ:VTRS) qualifies on both of these criteria.</p>\n<p>Viatris specializes in biosimilars and generic drugs. Patients need these drugs, regardless of what the stock market does. The drugs are also less expensive than branded prescription drugs.</p>\n<p>The stock is irrefutably dirt cheap. Viatris' shares trade at a little over four times expected earnings. It's unlikely that the stock is going to move much lower because it would simply be too much of a steal for investors to ignore.</p>\n<p>Granted, Viatris probably won't keep up with the overall stock market's performance if the current uptrend continues. However, the company's dividend is attractive. And over the next several years, Viatris should achieve synergies resulting from the merger of Pfizer's Upjohn unit and Mylan, as well as launch new products that should drive growth.</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>3 Stocks to Buy Whether or Not a Market Crash Is Near</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 Stocks to Buy Whether or Not a Market Crash Is Near\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 21:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/23/3-stocks-to-buy-whether-or-not-a-market-crash-is-n/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rising COVID-19 cases. Concerns about the highly contagious delta variant. The possibility of another housing bubble bursting. These are some of the reasons why worries are increasing among investors ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/23/3-stocks-to-buy-whether-or-not-a-market-crash-is-n/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DG":"美国达乐公司","VTRS":"Viatris Inc.","BNTX":"BioNTech SE"},"source_url":"https://www.fool.com/investing/2021/07/23/3-stocks-to-buy-whether-or-not-a-market-crash-is-n/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153983997","content_text":"Rising COVID-19 cases. Concerns about the highly contagious delta variant. The possibility of another housing bubble bursting. These are some of the reasons why worries are increasing among investors that a stock market crash could be on the way.\nOne of the biggest stock market bears, Harry Dent Jr., who predicted the dot.com bubble collapsing, even thinks that a market meltdown is likely within the next three months. Is all of the pessimism warranted? Maybe, maybe not.\nIf you're leery about what's around the corner, here are three stocks to buy if a market crash is coming soon. And the great news about these stocks is that they're solid picks even if it doesn't happen.\n\nImage source: Getty Images.\nBioNTech\nI personally don't think a stock market crash is just around the corner. If one is, though, I suspect the cause will be the combination of the COVID-19 pandemic and sky-high market valuations. Assuming I'm right, BioNTech (NASDAQ:BNTX) should soar if the market crashes.\nA massive market sell-off due to COVID-19 worries would almost certainly light a fire beneath the stocks of the leading vaccine makers. My view is that BioNTech would be one of the biggest winners in the group.\nBioNTech and its partner Pfizer (NYSE:PFE) are already moving forward with plans to test a vaccine that specifically targets the delta variant. That gives the companies a head start. BioNTech is by far the smallest of the companies with COVID-19 vaccines already on the market, which makes its shares more likely to jump higher on a positive catalyst. It's also easily the cheapest of these vaccine stocks, based on forward earnings multiples.\nWhat if there isn't an imminent market crash? BioNTech is still set to rake in billions of dollars with sales of its COVID-19 vaccine. The company will almost certainly use its growing cash stockpile to invest in expanding its pipeline. I think that BioNTech will be a winner over the long term, regardless of what happens over the short term.\nDollar General\nI've maintained for a long time that Dollar General (NYSE:DG) is one of the best stocks to own during a market downturn. That view seemed to be confirmed during the big market meltdown last year.\n\nDG data by YCharts.\nShares of Dollar General fell at first, but not nearly as much as most stocks did. Dollar General stock also rebounded much more quickly and trounced the overall market's return throughout the rest of the year.\nDuring uncertain times, consumers tighten their purse strings. That makes discount retailers such as Dollar General more attractive than ever.\nEven when the overall market performs well, though, Dollar General should still be able to grow. As a case in point, the company's shares delivered more than double the gain that the S&P 500 index did in the five years leading up to 2020 when the market was roaring.\nI think that Dollar General will be able to continue to beat the market. It's moving forward with an aggressive expansion strategy. The company is also undertaking a major initiative to \"establish itself as a health destination.\" While Dollar General didn't provide many details on exactly what its plans are, moving more into healthcare sounds like a smart move to me.\nViatris\nThere are at least two reasons why a given stock might hold up well during a big market sell-off. One is that its underlying business isn't impacted much by the reason behind the broader plunge. Another is that the stock is so cheap that investors scoop up shares if it falls much below its existing price. My take is that Viatris (NASDAQ:VTRS) qualifies on both of these criteria.\nViatris specializes in biosimilars and generic drugs. Patients need these drugs, regardless of what the stock market does. The drugs are also less expensive than branded prescription drugs.\nThe stock is irrefutably dirt cheap. Viatris' shares trade at a little over four times expected earnings. It's unlikely that the stock is going to move much lower because it would simply be too much of a steal for investors to ignore.\nGranted, Viatris probably won't keep up with the overall stock market's performance if the current uptrend continues. However, the company's dividend is attractive. And over the next several years, Viatris should achieve synergies resulting from the merger of Pfizer's Upjohn unit and Mylan, as well as launch new products that should drive growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":5,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"content":"slow index","text":"slow index","html":"slow index"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155273038,"gmtCreate":1625442716324,"gmtModify":1703741653567,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"Like and comment, please","listText":"Like and comment, please","text":"Like and comment, please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155273038","repostId":"1172720964","repostType":4,"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954339448,"gmtCreate":1675988416384,"gmtModify":1675988420820,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ES3.SI\">$STI ETF(ES3.SI)$ &nbsp;</a>go long","listText":"<a href=\"https://ttm.financial/S/ES3.SI\">$STI ETF(ES3.SI)$ &nbsp;</a>go long","text":"$STI ETF(ES3.SI)$ go long","images":[{"img":"https://community-static.tradeup.com/news/658dd567399bfa99540a290b7ded5e91","width":"1080","height":"2225"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954339448","isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":174984727,"gmtCreate":1627058420369,"gmtModify":1703483614348,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"Hold for long term","listText":"Hold for long term","text":"Hold for long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/174984727","repostId":"2153751984","repostType":4,"repost":{"id":"2153751984","kind":"highlight","pubTimestamp":1627050780,"share":"https://ttm.financial/m/news/2153751984?lang=&edition=fundamental","pubTime":"2021-07-23 22:33","market":"us","language":"en","title":"Got $1,000? Buy These Cheap Growth Stocks Right Away","url":"https://stock-news.laohu8.com/highlight/detail?id=2153751984","media":"Motley Fool","summary":"These growth stocks have made investors rich in the past, and they can keep doing so in the future.","content":"<p>It is difficult to find high-growth companies trading at attractive valuations, especially in the technology sector, where stocks usually trade at rich valuations. The rich valuations happen because they tend to outperform the broader market on the back of disruptive products and services that may fuel rapid long-term growth.</p>\n<p>Not surprisingly, the average price-to-earnings (P/E) ratio of the tech-heavy&nbsp;<b><a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 100</b> Index stands&nbsp;at 38.4 as compared to the <b>Dow Jones Industrial Average</b>'s average P/E ratio of 26.3 and the <b>S&amp;P 500</b>'s average multiple of 36.6.</p>\n<p>However, there are a few tech companies that continue to trade at attractive valuations despite crushing the broader market. <b><a href=\"https://laohu8.com/S/QRVO\">Qorvo</a></b> (NASDAQ:QRVO) and <b>Jabil</b> (NYSE:JBL) are two stocks that have made investors significantly richer over the past five years.</p>\n<p><img src=\"https://static.tigerbbs.com/549aaadbeda352ae2081da23ac1deb45\" tg-width=\"720\" tg-height=\"387\" referrerpolicy=\"no-referrer\"></p>\n<p>QRVO data by YCharts</p>\n<p>For example, a $1,000 investment in Qorvo five years ago would be worth almost $3,100 now. A similar investment in Jabil would be worth close to $2,700 now. The good part is that both companies could at least equal, if not outperform, their stellar gains in the coming years. Let's take a look at the reasons why it still makes sense to invest $1,000 in these tech stocks.</p>\n<h3>Qorvo: Riding the 5G wave</h3>\n<p>Qorvo is benefiting from multiple hot tech trends right now, but its biggest catalyst remains the 5G smartphone market. The chipmaker's revenue in fiscal 2021 (which ended on April 3) shot up 24% year over year to $4.02 billion. It finished the year with a gross profit margin of 46.9%, up substantially over the prior year's figure of 40.8%.</p>\n<p>Qorvo credited the \"higher demand for our 5G mobile solutions, 5G base station products, and Wi-Fi products\" for this impressive showing. The good news is that all these verticals are still in their early phases of growth. For instance, 5G smartphone shipments are expected to jump from an estimated 239 million units in 2020 to 1.12 billion units by 2025, according&nbsp;to Taiwan-based Market Intelligence &amp; Consulting Institute.</p>\n<p><img src=\"https://static.tigerbbs.com/4f9ffe2f3eb673512439f8114e7d18f2\" tg-width=\"700\" tg-height=\"510\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<p>With Qorvo getting just over 71% of its total&nbsp;revenue from the mobile products segment last quarter, the 5G smartphone boom is going to move the needle significantly for the company. After all, the chipmaker supplies its wireless components to the leading players in the 5G smartphone space, including <b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> (NASDAQ:AAPL). The iPhone maker produced 30%&nbsp;of Qorvo's total revenue last fiscal year.</p>\n<p>This sizable reliance on Apple is a good thing for Qorvo as the tech giant is on fire in the 5G smartphone era. The iPhone 12 has been a runaway hit among consumers looking to make the move to a 5G device from their older iPhones, and there are at least 800 million customers in Apple's installed base that have yet to make the move to 5G. As a result, Apple is going to be a long-term catalyst for Qorvo's mobile business thanks to the massive iPhone volume opportunity at hand.</p>\n<p>Its relationship with other smartphone OEMs (original equipment manufacturers) such&nbsp;as <b>Samsung</b> and <b>Xiaomi</b> will also come in handy in the long run, as these companies are dominant&nbsp;players in the 5G smartphone market along with Apple.</p>\n<p>More importantly, the improved 5G smartphone volumes will help Qorvo generate faster revenue and earnings growth. That's because the radio-frequency (RF) content in mid-range 5G smartphones is doubling over their 4G predecessors, while high-end devices are witnessing an additional $5 to $7 in wireless content.</p>\n<p>Thanks to the 5G tailwind, Qorvo is anticipated to record 16% annual earnings growth for the next five years, up from the 6% annual growth seen in the last five years. This makes it an attractive growth stock to buy right now at 29.7 times trailing earnings, which is lower than the Nasdaq 100 Index's rich multiple we saw earlier.</p>\n<h3>Jabil: Diverse growth drivers should lead to better times</h3>\n<p>Jabil has made a fine comeback this year after the novel coronavirus pandemic derailed the company's growth in 2020. The contract electronics manufacturer delivered a solid third-quarter earnings report&nbsp;in June, recording 14% year-over-year revenue growth to $7.2 billion. Non-GAAP earnings had shot up to $1.30 per share during the quarter from $0.37 per share a year ago. <b>&nbsp;</b></p>\n<p>Even better, Jabil upgraded its full-year guidance on the back of impressive momentum in the cloud, mobility, semiconductor, automotive, and connected devices markets. These end markets are on track to grow nicely for Jabil this year and beyond.</p>\n<p>In mobility, for instance, Jabil expects $4.1 billion in revenue this fiscal year, up 24% over fiscal 2020. That's not surprising as 20%&nbsp;of the company's total revenue comes from manufacturing casings for Apple's iPhone and iPad. We have already seen that Apple's 5G iPhones are selling like hotcakes, and they can keep doing so thanks to an upgrade supercycle that's currently playing out. This should rub off positively on Jabil's prospects as well since it has a close relationship with Apple.</p>\n<p>However, Jabil draws its revenue from a wider number of verticals. The automotive and transportation segment, for example, is expected&nbsp;to deliver $2.2 billion in revenue this year, up 29% from last year. This business seems to have solid long-term potential as the global automotive contract manufacturing space is expected to clock 7.2% annual growth through 2027, according&nbsp;to a third-party estimate.</p>\n<p>Similarly, Jabil provides contract manufacturing services to connected device manufacturers, semiconductor capital equipment makers, cloud computing customers, and networking and storage providers, among others. Grand View Research estimates&nbsp;that the global contract electronics manufacturing market could be worth $800 billion by 2027 as compared to $417 billion at the end of 2019.</p>\n<p>Not surprisingly, Jabil's bottom line is expected to grow at nearly 20% per year for the next five years, as it seems to be on track to take advantage of the huge end-market opportunity that lies ahead. And now would be a great time to buy this tech stock as it is trading at just 14 times trailing earnings, which makes it way cheaper&nbsp;than the indexes discussed earlier. What's more, Jabil's forward earnings multiple of just 9.3 makes it even more attractive, giving investors another great reason to consider putting $1,000 in the stock.</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>Got $1,000? Buy These Cheap Growth Stocks Right Away</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\">\nGot $1,000? Buy These Cheap Growth Stocks Right Away\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 22:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/23/got-1000-buy-these-cheap-growth-stocks-right-away/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is difficult to find high-growth companies trading at attractive valuations, especially in the technology sector, where stocks usually trade at rich valuations. The rich valuations happen because ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/23/got-1000-buy-these-cheap-growth-stocks-right-away/\">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","QRVO":"Qorvo, Inc.","03086":"华夏纳指","09086":"华夏纳指-U"},"source_url":"https://www.fool.com/investing/2021/07/23/got-1000-buy-these-cheap-growth-stocks-right-away/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153751984","content_text":"It is difficult to find high-growth companies trading at attractive valuations, especially in the technology sector, where stocks usually trade at rich valuations. The rich valuations happen because they tend to outperform the broader market on the back of disruptive products and services that may fuel rapid long-term growth.\nNot surprisingly, the average price-to-earnings (P/E) ratio of the tech-heavy Nasdaq 100 Index stands at 38.4 as compared to the Dow Jones Industrial Average's average P/E ratio of 26.3 and the S&P 500's average multiple of 36.6.\nHowever, there are a few tech companies that continue to trade at attractive valuations despite crushing the broader market. Qorvo (NASDAQ:QRVO) and Jabil (NYSE:JBL) are two stocks that have made investors significantly richer over the past five years.\n\nQRVO data by YCharts\nFor example, a $1,000 investment in Qorvo five years ago would be worth almost $3,100 now. A similar investment in Jabil would be worth close to $2,700 now. The good part is that both companies could at least equal, if not outperform, their stellar gains in the coming years. Let's take a look at the reasons why it still makes sense to invest $1,000 in these tech stocks.\nQorvo: Riding the 5G wave\nQorvo is benefiting from multiple hot tech trends right now, but its biggest catalyst remains the 5G smartphone market. The chipmaker's revenue in fiscal 2021 (which ended on April 3) shot up 24% year over year to $4.02 billion. It finished the year with a gross profit margin of 46.9%, up substantially over the prior year's figure of 40.8%.\nQorvo credited the \"higher demand for our 5G mobile solutions, 5G base station products, and Wi-Fi products\" for this impressive showing. The good news is that all these verticals are still in their early phases of growth. For instance, 5G smartphone shipments are expected to jump from an estimated 239 million units in 2020 to 1.12 billion units by 2025, according to Taiwan-based Market Intelligence & Consulting Institute.\n\nImage source: Getty Images.\nWith Qorvo getting just over 71% of its total revenue from the mobile products segment last quarter, the 5G smartphone boom is going to move the needle significantly for the company. After all, the chipmaker supplies its wireless components to the leading players in the 5G smartphone space, including Apple (NASDAQ:AAPL). The iPhone maker produced 30% of Qorvo's total revenue last fiscal year.\nThis sizable reliance on Apple is a good thing for Qorvo as the tech giant is on fire in the 5G smartphone era. The iPhone 12 has been a runaway hit among consumers looking to make the move to a 5G device from their older iPhones, and there are at least 800 million customers in Apple's installed base that have yet to make the move to 5G. As a result, Apple is going to be a long-term catalyst for Qorvo's mobile business thanks to the massive iPhone volume opportunity at hand.\nIts relationship with other smartphone OEMs (original equipment manufacturers) such as Samsung and Xiaomi will also come in handy in the long run, as these companies are dominant players in the 5G smartphone market along with Apple.\nMore importantly, the improved 5G smartphone volumes will help Qorvo generate faster revenue and earnings growth. That's because the radio-frequency (RF) content in mid-range 5G smartphones is doubling over their 4G predecessors, while high-end devices are witnessing an additional $5 to $7 in wireless content.\nThanks to the 5G tailwind, Qorvo is anticipated to record 16% annual earnings growth for the next five years, up from the 6% annual growth seen in the last five years. This makes it an attractive growth stock to buy right now at 29.7 times trailing earnings, which is lower than the Nasdaq 100 Index's rich multiple we saw earlier.\nJabil: Diverse growth drivers should lead to better times\nJabil has made a fine comeback this year after the novel coronavirus pandemic derailed the company's growth in 2020. The contract electronics manufacturer delivered a solid third-quarter earnings report in June, recording 14% year-over-year revenue growth to $7.2 billion. Non-GAAP earnings had shot up to $1.30 per share during the quarter from $0.37 per share a year ago.  \nEven better, Jabil upgraded its full-year guidance on the back of impressive momentum in the cloud, mobility, semiconductor, automotive, and connected devices markets. These end markets are on track to grow nicely for Jabil this year and beyond.\nIn mobility, for instance, Jabil expects $4.1 billion in revenue this fiscal year, up 24% over fiscal 2020. That's not surprising as 20% of the company's total revenue comes from manufacturing casings for Apple's iPhone and iPad. We have already seen that Apple's 5G iPhones are selling like hotcakes, and they can keep doing so thanks to an upgrade supercycle that's currently playing out. This should rub off positively on Jabil's prospects as well since it has a close relationship with Apple.\nHowever, Jabil draws its revenue from a wider number of verticals. The automotive and transportation segment, for example, is expected to deliver $2.2 billion in revenue this year, up 29% from last year. This business seems to have solid long-term potential as the global automotive contract manufacturing space is expected to clock 7.2% annual growth through 2027, according to a third-party estimate.\nSimilarly, Jabil provides contract manufacturing services to connected device manufacturers, semiconductor capital equipment makers, cloud computing customers, and networking and storage providers, among others. Grand View Research estimates that the global contract electronics manufacturing market could be worth $800 billion by 2027 as compared to $417 billion at the end of 2019.\nNot surprisingly, Jabil's bottom line is expected to grow at nearly 20% per year for the next five years, as it seems to be on track to take advantage of the huge end-market opportunity that lies ahead. And now would be a great time to buy this tech stock as it is trading at just 14 times trailing earnings, which makes it way cheaper than the indexes discussed earlier. What's more, Jabil's forward earnings multiple of just 9.3 makes it even more attractive, giving investors another great reason to consider putting $1,000 in the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175014524,"gmtCreate":1626998428868,"gmtModify":1703482030253,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175014524","repostId":"2153760350","repostType":4,"repost":{"id":"2153760350","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626997860,"share":"https://ttm.financial/m/news/2153760350?lang=&edition=fundamental","pubTime":"2021-07-23 07:51","market":"us","language":"en","title":"JPMorgan to hire more than 500 wealth management advisers","url":"https://stock-news.laohu8.com/highlight/detail?id=2153760350","media":"Reuters","summary":"NEW YORK, July 22  - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.That plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to g","content":"<p>NEW YORK, July 22 (Reuters) - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.</p>\n<p>That plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.</p>\n<p>\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to grow to 1,000 advisers relatively quickly.\"</p>\n<p>J.P. Morgan Advisors would still be a small firm. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> Wealth Management has around 15,000 advisers. But growing JPMorgan's wealth offerings has been a top priority of JPMorgan Chief Executive Jamie Dimon.</p>\n<p>Dimon briefly led the retail brokerage Smith Barney in the mid-1990s, and has said his favorite part of the job was overseeing its top 1,000 advisers. Sieg's goal of getting to 1,000 advisers in his division is a nod to Dimon's history.</p>\n<p>J.P. Morgan Advisors sits in the bank's U.S. wealth management division, which is led by Kristin Lemkau and includes Chase's self-directed investing platform and its roughly 4,000 financial advisers who work at bank branches.</p>\n<p>As of June 30, the wealth management division had $673 billion in client assets under supervision.</p>\n<p>As part of the plan, the bank hired Mollie Colavita from rival brokerage Merrill Lynch to lead practice management and Jessica Douieb from Goldman Sachs as head of wealth partners. Kevin Hale was named the new head of marketing for JPMorgan Advisors &amp; Chase Wealth Management.</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>JPMorgan to hire more than 500 wealth management advisers</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\">\nJPMorgan to hire more than 500 wealth management advisers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-23 07:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 22 (Reuters) - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.</p>\n<p>That plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.</p>\n<p>\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to grow to 1,000 advisers relatively quickly.\"</p>\n<p>J.P. Morgan Advisors would still be a small firm. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> Wealth Management has around 15,000 advisers. But growing JPMorgan's wealth offerings has been a top priority of JPMorgan Chief Executive Jamie Dimon.</p>\n<p>Dimon briefly led the retail brokerage Smith Barney in the mid-1990s, and has said his favorite part of the job was overseeing its top 1,000 advisers. Sieg's goal of getting to 1,000 advisers in his division is a nod to Dimon's history.</p>\n<p>J.P. Morgan Advisors sits in the bank's U.S. wealth management division, which is led by Kristin Lemkau and includes Chase's self-directed investing platform and its roughly 4,000 financial advisers who work at bank branches.</p>\n<p>As of June 30, the wealth management division had $673 billion in client assets under supervision.</p>\n<p>As part of the plan, the bank hired Mollie Colavita from rival brokerage Merrill Lynch to lead practice management and Jessica Douieb from Goldman Sachs as head of wealth partners. Kevin Hale was named the new head of marketing for JPMorgan Advisors &amp; Chase Wealth Management.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153760350","content_text":"NEW YORK, July 22 (Reuters) - JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy.\nThat plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank's boutique wealth management firm.\n\"We are investing in this business,\" Phil Sieg, chief executive officer of J.P. Morgan Advisors, told Reuters. \"We want to grow to 1,000 advisers relatively quickly.\"\nJ.P. Morgan Advisors would still be a small firm. Morgan Stanley Wealth Management has around 15,000 advisers. But growing JPMorgan's wealth offerings has been a top priority of JPMorgan Chief Executive Jamie Dimon.\nDimon briefly led the retail brokerage Smith Barney in the mid-1990s, and has said his favorite part of the job was overseeing its top 1,000 advisers. Sieg's goal of getting to 1,000 advisers in his division is a nod to Dimon's history.\nJ.P. Morgan Advisors sits in the bank's U.S. wealth management division, which is led by Kristin Lemkau and includes Chase's self-directed investing platform and its roughly 4,000 financial advisers who work at bank branches.\nAs of June 30, the wealth management division had $673 billion in client assets under supervision.\nAs part of the plan, the bank hired Mollie Colavita from rival brokerage Merrill Lynch to lead practice management and Jessica Douieb from Goldman Sachs as head of wealth partners. Kevin Hale was named the new head of marketing for JPMorgan Advisors & Chase Wealth Management.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955524100,"gmtCreate":1675592002800,"gmtModify":1676539008645,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"Tiger coin initiative&nbsp;makes investing interactive &amp; interesting 🤔","listText":"Tiger coin initiative&nbsp;makes investing interactive &amp; interesting 🤔","text":"Tiger coin initiative makes investing interactive & interesting 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955524100","isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177063111,"gmtCreate":1627169734533,"gmtModify":1703484887722,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177063111","repostId":"1109439356","repostType":4,"repost":{"id":"1109439356","kind":"news","pubTimestamp":1627096841,"share":"https://ttm.financial/m/news/1109439356?lang=&edition=fundamental","pubTime":"2021-07-24 11:20","market":"us","language":"en","title":"Musk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.","url":"https://stock-news.laohu8.com/highlight/detail?id=1109439356","media":"Barrons","summary":"This past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, w","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e34edc30ae38ac91a9f953a1dcae4dbc\" tg-width=\"930\" tg-height=\"619\" width=\"100%\" height=\"auto\"><span>Illustration by Elias Stein</span></p>\n<p>This past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, with a $1,000 price target. “While some will view it as letting competition in on Tesla’s supercharger moat, we disagree…”</p>\n<p>For all the competition between their makers, EVs account for less than 5% of all new cars sold in the U.S. The larger struggle remains between electric- and gasoline-powered vehicles. Anything Musk does to make buying electrics easier is good for Tesla. Besides, Tesla could make a lot of money by opening its network. Although Tesla didn’t respond to a question about potential pricing, charging won’t be free, and refusing to let others use the system would be like a gas station only servicing Fords. And charging eventually will be as ubiquitous as gas stations.</p>\n<p>Then there’s the free publicity and advertising. Opening up the charging network shows Tesla is interested in overall EV adoption and not just in selling its own vehicles. That’s positive for the brand. And it means that thousands of EV buyers will be pulling up to a Tesla logo, again and again.</p>\n<p>Investors brushed off the tweet. Tesla closed at $643.38 Friday, basically flat on the week, with earnings ahead. That’s probably right. For now, charging-for-all will probably matter more at the margins.</p>","source":"lsy1601382232898","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>Musk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.</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\">\nMusk Tweets That Tesla Will Share Its Charging Network. Why That’s a Savvy Move.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 11:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/elon-musk-tesla-charging-network-51627090559><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Illustration by Elias Stein\nThis past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for...</p>\n\n<a href=\"https://www.barrons.com/articles/elon-musk-tesla-charging-network-51627090559\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/elon-musk-tesla-charging-network-51627090559","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109439356","content_text":"Illustration by Elias Stein\nThis past Wednesday, Elon Musk tweeted that Tesla would open up its global network of 25,000-plus chargers to non-Tesla electric vehicles. That might seem strange, even for Musk. But it could also be savvy. “It’s brilliant,” Gary Black tells Barron’s. Former Wall Street analyst and executive Black has amassed 80,000 Twitter followers for his views on stocks, including Tesla, which he owns shares in. “We like the move,” adds Wedbush analyst Dan Ives, also a Tesla bull. He rates the stock a Buy, with a $1,000 price target. “While some will view it as letting competition in on Tesla’s supercharger moat, we disagree…”\nFor all the competition between their makers, EVs account for less than 5% of all new cars sold in the U.S. The larger struggle remains between electric- and gasoline-powered vehicles. Anything Musk does to make buying electrics easier is good for Tesla. Besides, Tesla could make a lot of money by opening its network. Although Tesla didn’t respond to a question about potential pricing, charging won’t be free, and refusing to let others use the system would be like a gas station only servicing Fords. And charging eventually will be as ubiquitous as gas stations.\nThen there’s the free publicity and advertising. Opening up the charging network shows Tesla is interested in overall EV adoption and not just in selling its own vehicles. That’s positive for the brand. And it means that thousands of EV buyers will be pulling up to a Tesla logo, again and again.\nInvestors brushed off the tweet. Tesla closed at $643.38 Friday, basically flat on the week, with earnings ahead. That’s probably right. For now, charging-for-all will probably matter more at the margins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940833012,"gmtCreate":1677800248836,"gmtModify":1677800253182,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"Low cost passive index fund investing - how many of you still do this?&nbsp;","listText":"Low cost passive index fund investing - how many of you still do this?&nbsp;","text":"Low cost passive index fund investing - how many of you still do this?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940833012","isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146862841,"gmtCreate":1626067409883,"gmtModify":1703752703726,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146862841","repostId":"1143980547","repostType":4,"repost":{"id":"1143980547","kind":"news","pubTimestamp":1626060038,"share":"https://ttm.financial/m/news/1143980547?lang=&edition=fundamental","pubTime":"2021-07-12 11:20","market":"us","language":"en","title":"Virgin Galactic And Irrational Exuberance","url":"https://stock-news.laohu8.com/highlight/detail?id=1143980547","media":"seekingalpha","summary":"Summary\n\nWe tried to determine what the financial performance of the company should be in order for ","content":"<p><b>Summary</b></p>\n<ul>\n <li>We tried to determine what the financial performance of the company should be in order for the current price to look fair.</li>\n <li>For the price to be fair, FCFF in 2022 should be $35 million and grow at CAGR of 350%. Revenue should be $110 billion by 2027.</li>\n <li>The current and expected market capacity does not allow the company to demonstrate such financial performance.</li>\n <li>In our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.</li>\n <li>The market can remain irrational longer than you can remain solvent, so we do not short, we only watch the company from the sideline.</li>\n</ul>\n<blockquote>\n The Markets Can Remain Irrational Longer Than You Can Remain Solvent. - John Maynard Keynes\n</blockquote>\n<p><b>Thesis</b></p>\n<p>Could a German fugitive who tried to cross the Jornada del Muerto in the dry season of 1670 imagine that a few hundred years later, next to his vulture-torn remains, an eccentric British billionaire would be paving the way into the world of space tourism? Hardly. Thanks to human genius and the free market, we are living in an amazing time. And do not underestimate the role of the latter.</p>\n<p>The financial industry is like a circulatory system for a market organism. Driven by human greed, it distributes resources from old established industries to the most promising sectors of the new economy. It was like this before, and so it is now. The reason why investors are ready to abandon investments in a profitable established company in favor of investments in a loss-making business in an unformed industry is quite understandable. We are ready to release the bird from our hands only if we expect that in the bush there will be not two birds, but 22. But our expectations must be justified. In our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.</p>\n<p><b>Valuation And Perspectives</b></p>\n<p>We usually evaluate a business based on the expected financial results that the company will be able to achieve in the future. With Virgin Galactic(NYSE:SPCE), we decided to go the opposite way. We tried to determine what the financial indicators of the company should be in order for the current price to look fair.</p>\n<p>The value of any asset is determined by the present value of its future cash flows. This is an axiom of finance that is often criticized by unsophisticated investors. Indeed, if your investment strategy is based on the hope that someone will definitely agree to pay more for an asset than you pay for it, then the value of the asset is not important. If your friend writes you a bill of exchange and there is a buyer who is always ready to pay for this bill above par, then solvency and interest are unlikely to worry you. However, if there is no such buyer, you will turn into a demanding lender who will carefully compare the interest on a bill of exchange with the value of money and include all possible risks in the interest rate. In other words, you will begin to discount the cash flow.</p>\n<p>The weighted average cost of capital for the SPCE is not difficult to determine. Today the company's assets are 56% financed by equity capital, and there is no debt burden. The company's balance sheet as at the last reporting date is presented below:</p>\n<p><img src=\"https://static.tigerbbs.com/a5fcadf6dbf15f58f33506c58d8ad7fa\" tg-width=\"640\" tg-height=\"459\"></p>\n<p>(Source:Company's IR)</p>\n<p>According to our calculation, the company's cost of capital is 9%. Given that Virgin has a low leverage, the weighted average cost of capital is also 9%.</p>\n<p><img src=\"https://static.tigerbbs.com/b9685bee425247505e9479e60a75ad72\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source: Created by the author)</p>\n<p>Thus, if Virgin Galactic's current market cap is fair, the company's free cash flow from 2022 to 2027 should look like this:</p>\n<p><img src=\"https://static.tigerbbs.com/af1919420bc286424d2f62152e2e14ca\" tg-width=\"640\" tg-height=\"388\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source: Created by the author)</p>\n<p>It is difficult to estimate the potential profitability of a business that does not yet exist. However, we can roughly define it. The company's cost of revenue includes costs related to rocket fuel consumption, salaries and benefits for pilots and ground crew, and maintenance. Virgin conducted its second test flight in February 2019. At the end of the first quarter of 2019, the company reflected in the reporting $1 million Cost of revenue, at the end of the first quarter of 2020, SPCE reflected $ 173 thousand in cost of revenue. According to the report, the change in cost of revenue is primarily due to the costs for flying payload in Q1 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/befcd5a3926ada7aebead8314713d44c\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source:Company's IR)</p>\n<p>Thus, we can determine that the estimated cost of launching one spaceship is $800 thousand dollars. With a ticket price of $200,000, the expected revenue per flight will be $1,200,000. As with the airline business, Virgin's key costs are cost of revenue. If the company can achieve an LFCF margin of 10% (slightly better than that of the most marginal US airlines), then the dynamics of revenue should take the following form:</p>\n<p><img src=\"https://static.tigerbbs.com/58c6ee07b1a3cbcce384d7e62e90632c\" tg-width=\"640\" tg-height=\"389\"></p>\n<p>(Source: Created by the author)</p>\n<p>In an interview withCNBC, CEO Michael Colglazier said he expects each spaceport to generate $1 billion for the company. Thus, to justify the current price, the company needs to build 110 spaceports and sell 275 thousand tickets for 400 thousand dollars each (in the same interview, the CEO said that each spaceport will have 400 flights a year, that is, with a revenue of $1 billion, the price 1 ticket must be equal to $400 thousand). As a reminder,according to UBS, space tourism will be a $3 billion market by 2030. Thus, the current capitalization of the company cannot be explained by any reasonable expectations.</p>\n<p><b>Conclusion</b></p>\n<p>Virgin Galactic could be good business one day. However, in our opinion the current capitalization cannot be explained by any reasonable expectations. For the current estimate to be justified, the company needs to sell $ 110 billion worth of tickets by 2027. Which is impossible given the current and expected market capacity. However, we do not short because the company is attracting a lot of attention. As John Maynard Keynes said, the market can remain irrational longer than you can remain solvent. We will watch the company from the sideline.</p>","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>Virgin Galactic And Irrational Exuberance</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\">\nVirgin Galactic And Irrational Exuberance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 11:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4438687-virgin-galactic-and-irrational-exuberance><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nWe tried to determine what the financial performance of the company should be in order for the current price to look fair.\nFor the price to be fair, FCFF in 2022 should be $35 million and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4438687-virgin-galactic-and-irrational-exuberance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4438687-virgin-galactic-and-irrational-exuberance","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1143980547","content_text":"Summary\n\nWe tried to determine what the financial performance of the company should be in order for the current price to look fair.\nFor the price to be fair, FCFF in 2022 should be $35 million and grow at CAGR of 350%. Revenue should be $110 billion by 2027.\nThe current and expected market capacity does not allow the company to demonstrate such financial performance.\nIn our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.\nThe market can remain irrational longer than you can remain solvent, so we do not short, we only watch the company from the sideline.\n\n\n The Markets Can Remain Irrational Longer Than You Can Remain Solvent. - John Maynard Keynes\n\nThesis\nCould a German fugitive who tried to cross the Jornada del Muerto in the dry season of 1670 imagine that a few hundred years later, next to his vulture-torn remains, an eccentric British billionaire would be paving the way into the world of space tourism? Hardly. Thanks to human genius and the free market, we are living in an amazing time. And do not underestimate the role of the latter.\nThe financial industry is like a circulatory system for a market organism. Driven by human greed, it distributes resources from old established industries to the most promising sectors of the new economy. It was like this before, and so it is now. The reason why investors are ready to abandon investments in a profitable established company in favor of investments in a loss-making business in an unformed industry is quite understandable. We are ready to release the bird from our hands only if we expect that in the bush there will be not two birds, but 22. But our expectations must be justified. In our opinion, the current price of Virgin Galactic can only be explained by irrational exuberance.\nValuation And Perspectives\nWe usually evaluate a business based on the expected financial results that the company will be able to achieve in the future. With Virgin Galactic(NYSE:SPCE), we decided to go the opposite way. We tried to determine what the financial indicators of the company should be in order for the current price to look fair.\nThe value of any asset is determined by the present value of its future cash flows. This is an axiom of finance that is often criticized by unsophisticated investors. Indeed, if your investment strategy is based on the hope that someone will definitely agree to pay more for an asset than you pay for it, then the value of the asset is not important. If your friend writes you a bill of exchange and there is a buyer who is always ready to pay for this bill above par, then solvency and interest are unlikely to worry you. However, if there is no such buyer, you will turn into a demanding lender who will carefully compare the interest on a bill of exchange with the value of money and include all possible risks in the interest rate. In other words, you will begin to discount the cash flow.\nThe weighted average cost of capital for the SPCE is not difficult to determine. Today the company's assets are 56% financed by equity capital, and there is no debt burden. The company's balance sheet as at the last reporting date is presented below:\n\n(Source:Company's IR)\nAccording to our calculation, the company's cost of capital is 9%. Given that Virgin has a low leverage, the weighted average cost of capital is also 9%.\n\n(Source: Created by the author)\nThus, if Virgin Galactic's current market cap is fair, the company's free cash flow from 2022 to 2027 should look like this:\n\n(Source: Created by the author)\nIt is difficult to estimate the potential profitability of a business that does not yet exist. However, we can roughly define it. The company's cost of revenue includes costs related to rocket fuel consumption, salaries and benefits for pilots and ground crew, and maintenance. Virgin conducted its second test flight in February 2019. At the end of the first quarter of 2019, the company reflected in the reporting $1 million Cost of revenue, at the end of the first quarter of 2020, SPCE reflected $ 173 thousand in cost of revenue. According to the report, the change in cost of revenue is primarily due to the costs for flying payload in Q1 2019.\n\n(Source:Company's IR)\nThus, we can determine that the estimated cost of launching one spaceship is $800 thousand dollars. With a ticket price of $200,000, the expected revenue per flight will be $1,200,000. As with the airline business, Virgin's key costs are cost of revenue. If the company can achieve an LFCF margin of 10% (slightly better than that of the most marginal US airlines), then the dynamics of revenue should take the following form:\n\n(Source: Created by the author)\nIn an interview withCNBC, CEO Michael Colglazier said he expects each spaceport to generate $1 billion for the company. Thus, to justify the current price, the company needs to build 110 spaceports and sell 275 thousand tickets for 400 thousand dollars each (in the same interview, the CEO said that each spaceport will have 400 flights a year, that is, with a revenue of $1 billion, the price 1 ticket must be equal to $400 thousand). As a reminder,according to UBS, space tourism will be a $3 billion market by 2030. Thus, the current capitalization of the company cannot be explained by any reasonable expectations.\nConclusion\nVirgin Galactic could be good business one day. However, in our opinion the current capitalization cannot be explained by any reasonable expectations. For the current estimate to be justified, the company needs to sell $ 110 billion worth of tickets by 2027. Which is impossible given the current and expected market capacity. However, we do not short because the company is attracting a lot of attention. As John Maynard Keynes said, the market can remain irrational longer than you can remain solvent. We will watch the company from the sideline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273383015448824,"gmtCreate":1707781694370,"gmtModify":1707781698619,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"Just invest, don't gamble","listText":"Just invest, don't gamble","text":"Just invest, don't gamble","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273383015448824","isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":269681053421856,"gmtCreate":1706849233071,"gmtModify":1706849237884,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ES3.SI\">$STI ETF(ES3.SI)$ </a> 10 coins","listText":"<a href=\"https://ttm.financial/S/ES3.SI\">$STI ETF(ES3.SI)$ </a> 10 coins","text":"$STI ETF(ES3.SI)$ 10 coins","images":[{"img":"https://community-static.tradeup.com/news/28f00d37c0cb8c842bacff2b99766627","width":"898","height":"1475"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269681053421856","isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":254669568372928,"gmtCreate":1703212016343,"gmtModify":1703212021029,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/254669568372928","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":252160994189584,"gmtCreate":1702596570818,"gmtModify":1702596573851,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ES3.SI\">$STI ETF(ES3.SI)$ </a> is anyone able to get the 10 coins from posting?&nbsp;","listText":"<a 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E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"In the midst of war, struggles and uncertainties, is&nbsp;not low-cost index investing the way forward still?&nbsp;","listText":"In the midst of war, struggles and uncertainties, is&nbsp;not low-cost index investing the way forward still?&nbsp;","text":"In the midst of war, struggles and uncertainties, is not low-cost index investing the way forward still?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234453580796136","isVote":1,"tweetType":1,"viewCount":775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955524357,"gmtCreate":1675591928680,"gmtModify":1676539008644,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"#STI index for slow and steady gains!","listText":"#STI index for slow and steady gains!","text":"#STI index for slow and steady gains!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955524357","isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918421870,"gmtCreate":1664435903990,"gmtModify":1676537454999,"author":{"id":"3583548433976606","authorId":"3583548433976606","name":"D x E","avatar":"https://community-static.tradeup.com/news/80d3c18814a0a3e9d2764e1fab8c200d","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3583548433976606","authorIdStr":"3583548433976606"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$</a><v-v data-views=\"0\"></v-v>","text":"$Straits Times Index(STI.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918421870","isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}