Boon118 personal page - To The Moon

Boon118

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04-21

Replying to @Boon118:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, compassionate and forward-looking. I also like his consensus leadership style//@Boon118:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style

04-21

Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style

01-28

Sleep on my back as a regular investor of more than 5 years. Stop loss when it is triggered and take profits when target price is reached. No loss of sleep lah!

2023-04-07

[Smile] [Great] [Smile]

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2023-04-07

Yes. Great article!

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2022-07-29

Ok ok

Apple: I'd Rather Buy The SPY

2022-04-08

That's good for Chevron shares too!

Chevron Seen 'Very Likely' to Win License Extension for Venezuela Operations

2022-03-16

Wow! What a rollercoaster!

HSTECH Index Rose more than 20%, Alibaba Shares Surged Nearly 24% in Hong Kong Market

2021-08-06

I think Pfizer stock is a good buy as it should rise in tandem with BioNTech in the long run as their Pfizer BioNTech covid vaccine gets more recognised globally.

Go to Tiger App to see more news

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to <a href=\"https://ttm.financial/U/4087984901983600\">@Boon118</a>:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, compassionate and forward-looking. I also like his consensus leadership style//<a href=\"https://ttm.financial/U/4087984901983600\">@Boon118</a>:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","listText":"Replying to <a href=\"https://ttm.financial/U/4087984901983600\">@Boon118</a>:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, compassionate and forward-looking. I also like his consensus leadership style//<a href=\"https://ttm.financial/U/4087984901983600\">@Boon118</a>:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","text":"Replying to @Boon118:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, compassionate and forward-looking. I also like his consensus leadership style//@Boon118:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297485113864368","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":297484429975640,"gmtCreate":1713656720516,"gmtModify":1713669027230,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","listText":"Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","text":"Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297484429975640","isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":267905498890312,"gmtCreate":1706437669394,"gmtModify":1706437674607,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Sleep on my back as a regular investor of more than 5 years. Stop loss when it is triggered and take profits when target price is reached. No loss of sleep lah!","listText":"Sleep on my back as a regular investor of more than 5 years. Stop loss when it is triggered and take profits when target price is reached. No loss of sleep lah!","text":"Sleep on my back as a regular investor of more than 5 years. Stop loss when it is triggered and take profits when target price is reached. No loss of sleep lah!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/267905498890312","isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948774194,"gmtCreate":1680798470318,"gmtModify":1680798473217,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Smile]&nbsp;[Great]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Great]&nbsp;[Smile]&nbsp;","text":"[Smile] [Great] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948774194","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948774013,"gmtCreate":1680798440332,"gmtModify":1680798443198,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Yes. Great article!","listText":"Yes. Great article!","text":"Yes. Great article!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948774013","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901033641,"gmtCreate":1659092355783,"gmtModify":1676536256582,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok ok","listText":"Ok ok","text":"Ok ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901033641","repostId":"1127120005","repostType":4,"repost":{"id":"1127120005","pubTimestamp":1659108221,"share":"https://www.laohu8.com/m/news/1127120005?lang=&edition=full","pubTime":"2022-07-29 23:23","market":"us","language":"en","title":"Apple: I'd Rather Buy The SPY","url":"https://stock-news.laohu8.com/highlight/detail?id=1127120005","media":"Seeking Alpha","summary":"SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating re","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.</li><li>Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the iPhone and fail to move the needle to satisfy growth investors.</li><li>In Peter Lynch&#39;s terms, Apple has fully transitioned from Fast Grower to Stalwart.</li><li>Investors can de-risk their portfolios by buying the SPY, which has a good chance of matching or beating Apple&#39;s future returns.</li></ul><p><b>Investment Thesis</b></p><p>There&#39;s no denying the incredible success of Apple (NASDAQ:AAPL) as a company and as an investment. Indeed, Apple even enticed investing legend Warren Buffett, who typically stays away from technology stocks, to take up a billion-dollar position back in 2016. But, as many of us know, the larger a snowball gets the harder it is to roll, to the point where it&#39;s so large it can&#39;t be rolled at all. With a nearly $2.5 trillion market cap, Apple is an enormous snowball. To put it in perspective, Apple is the size of 25 PayPal&#39;s (PYPL). It takes an enormous amount of money to move Apple, whether that be revenue, earnings, or investors.</p><p>Apple has an impressive track record of innovation with products such as the Apple Watch, Air Pods, Apple TV, and Apple Pay. But how many more home runs could be left in this behemoth? Just as important a question, how far outside the park must Apple hit these home runs to have a meaningful impact on revenue and earnings?</p><p>I&#39;m not betting against Apple&#39;s ability to innovate. I&#39;m betting against their ability to replicate past success in a manner that&#39;ll grow EPS well above the S&amp;P 500. In my opinion, Apple is a snowball that&#39;s just too hard to move. Because of this, I think investors are better off buying theSPY.</p><p><b>Where is Future Growth Coming From?</b></p><p>I think most of us will agree Apple has pretty well saturated the smartphone market in the US. As of 2021,datashows Apple had 46.9% of the US smartphone market with share gains growing at a very slow pace. I see no reason to believe iPhone share gains will be any better than the recent past.</p><p><img src=\"https://static.tigerbbs.com/6f5a8230f021553bdab552ae6cb8ce70\" tg-width=\"640\" tg-height=\"344\" referrerpolicy=\"no-referrer\"/></p><p>iPhone Market Share (statista.com)</p><p>Apple&#39;s second-largest market is Europe where they hold a 32.3% share. Apple holds a microscopic edge over Samsung as a market leader. Share gains in Europe have also moderated in recent years similar to the US.</p><p><img src=\"https://static.tigerbbs.com/f0becc8c9b730dc6c023bcefce1e0646\" tg-width=\"640\" tg-height=\"315\" referrerpolicy=\"no-referrer\"/></p><p>Apple Market Share - Europe (Statcounter.com)</p><p>Perhaps China can save the day? Apple recently reclaimed the number one spot as a smartphone provider in China. Apple overtook competitor Huawei after Huawei was negatively impacted by US sanctions. So, one could argue Apple&#39;s 23% leading market position is somewhat artificial.</p><p>Either way, with saturated markets in the US and Europe and a fiercely competitive environment in China, I don&#39;t see market-beating returns coming as a result of increasing iPhone sales which are the backbone of the company.</p><p>So, where will Apple turn to produce the +15% per year (or approximately $15 billion in year one) earnings growth investors are accustomed to?</p><p><b>Share Repurchases</b></p><p>Over the past 10 years, Apple has spent an astonishing$467 billion on share repurchases, reducing a total number of shares outstanding by 4.4% annually. Share repurchases have been a foundation of Apple&#39;s annual EPS growth and I fully expect this to continue in the future. While I&#39;m a fan of share repurchases, I don&#39;t prefer when they&#39;re the primary form of EPS growth.</p><p><img src=\"https://static.tigerbbs.com/664dc00f07bea24b2eb1aa207937ae30\" tg-width=\"640\" tg-height=\"376\" referrerpolicy=\"no-referrer\"/></p><p>Shares Outstanding (Quickfs.com)</p><p>To put it in perspective, share repurchases accounted for the following percentage (approximate) of annual EPS growth for Apple:</p><ul><li>2017: 47% of YOY EPS growth</li><li>2018: 21% of YOY EPS growth</li><li>2019: Not measurable because EPS growth was negative</li><li>2020: 62% of YOY EPS growth</li><li>2021: 9% of YOY EPS growth</li></ul><p>Prior to 2021, share repurchases often accounted for a significant portion of EPS growth. I view 2021 as an outlier due to the amount of fiscal stimulus injected into the economy, which drove up revenue for many companies, including Apple.</p><p><b>Products &amp; Services</b></p><p>Apple has numerous products and services of which I am a satisfied customer. These include the iPhone, iPad, Apple Watch, Air Pods, AppStore, Apple Pay, and Apple Music. I greatly enjoy each of these and believe they offer excellent value.</p><p>Apple&#39;s fastest growing categories are Wearables, Home &amp; Accessories and Services. Over the past 5 years, Wearables, Home &amp; Accessories has grown revenue at a 31.5% CAGR while Services clocks in at 20.3%.</p><p>Here&#39;s what&#39;s included in each per Apple&#39;s 2021 10-K filing.</p><blockquote>Wearables, Home and Accessories net sales include sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories.</blockquote><blockquote>Services net sales include sales from the Company&#39;s advertising, AppleCare, cloud, digital content, payment and other services. Services net sales also include amortization of the deferred value of services bundled in the sales price of certain products.</blockquote><p><img src=\"https://static.tigerbbs.com/2b67155a2ae8b688f5fddfede0b0344b\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"/></p><p>Revenue by Category (Author&#39;s personal data)</p><p>As seen in the table above, iPhone, Mac, and iPad sales have been fairly lumpy whereas Wearables, Home &amp; Accessories and Services has been steadily increasing.</p><p>Using this information, I can make an educated guess on future revenue growth for Apple. In the table below, I de-rated the revenue CAGR for each category to reflect a more modest expectation of growth.</p><p><img src=\"https://static.tigerbbs.com/d0e23bc5acddfa2604ba624d20446f19\" tg-width=\"640\" tg-height=\"166\" referrerpolicy=\"no-referrer\"/></p><p>Forecast Revenue by Category (Author&#39;s personal data)</p><p><b>Valuation</b></p><p>Using the market multiple approaches, I arrive at a 2026 target price of $197 for Apple, which includes share repurchases but excludes dividends. I assumed revenue growth of 10.3% (table above), net margins of 23.2% (5YR avg), a long-term PE of 20, and reducing shares outstanding by 4.5% annually.</p><ul><li>2026 revenue estimate = $593 billion</li><li>Net income = $593 billion x 23.2% = $137.6 billion</li><li>Shares outstanding reducing from 16.9 billion in 2022 to 14.0 billion in 2026</li><li>2026 EPS estimate = $137.6 billion / 14.0 billion = $9.83</li><li>Fair value = 20 (PE) x $9.83 = $196.60</li></ul><p>With today&#39;s price of $154 per share, a target price of $196.60 would constitute a 5-year CAGR of 5%. Not exactly a market-beating return in my opinion.</p><p>From a DCF perspective, I show an intrinsic value of $156, which doesn&#39;t offer an acceptable margin of safety. I used an 8% discount rate and 2.5% terminal growth rate. I assumed Apple will continue reducing a total number of shares outstanding by 2.5% annually and grow FCF by 7.4% annually (below the 10 YR CAGR of 10.8%).</p><p><img src=\"https://static.tigerbbs.com/89bb0473ac235d24fd63d6a47a1f565f\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/></p><p>DCF Valuation (Author&#39;s personal data)</p><p><b>Aren&#39;t There Risks To The SPY?</b></p><p>Of course, stocks and ETFs aren&#39;t called risk-assets for nothing. In the current macro environment of rising interest rates, sky-high inflation, and a looming recession, investing anywhere is risky. To quote Mr. Buffett:</p><blockquote>Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.</blockquote><p>History says 10 or 20 years from now, the market will be higher than what it is today, so it&#39;s important to keep a long-term perspective. In the current environment,dollar-cost averaging may be the best approach. And if you find yourself stressed about unrealized losses in 2022, that&#39;s probably a good sign you&#39;re invested too heavily, either in general or in an individual position. How well you sleep at night is often a good gauge of portfolio health.</p><p><b>Conclusion</b></p><p>Apple is a phenomenal company with a bright future, but I find it hard to believe it&#39;ll offer market-beating returns in the coming years. At its current share price, Apple appears to be fairly valued and doesn&#39;t offer an acceptable margin of safety. Investors looking to 5x their money in the next 5 to 10 years likely won&#39;t be able to do so owning Apple. It&#39;s simply too large a snowball. Because of this, I think investors are better served buying the SPY where they&#39;ll get indirect exposure to Apple, de-risk their portfolio, and have a decent chance of outperforming Apple in the long term.</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>Apple: I'd Rather Buy The SPY</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: I'd Rather Buy The SPY\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-29 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4527039-apple-rather-buy-spy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4527039-apple-rather-buy-spy\">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","SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4527039-apple-rather-buy-spy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127120005","content_text":"SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the iPhone and fail to move the needle to satisfy growth investors.In Peter Lynch's terms, Apple has fully transitioned from Fast Grower to Stalwart.Investors can de-risk their portfolios by buying the SPY, which has a good chance of matching or beating Apple's future returns.Investment ThesisThere's no denying the incredible success of Apple (NASDAQ:AAPL) as a company and as an investment. Indeed, Apple even enticed investing legend Warren Buffett, who typically stays away from technology stocks, to take up a billion-dollar position back in 2016. But, as many of us know, the larger a snowball gets the harder it is to roll, to the point where it's so large it can't be rolled at all. With a nearly $2.5 trillion market cap, Apple is an enormous snowball. To put it in perspective, Apple is the size of 25 PayPal's (PYPL). It takes an enormous amount of money to move Apple, whether that be revenue, earnings, or investors.Apple has an impressive track record of innovation with products such as the Apple Watch, Air Pods, Apple TV, and Apple Pay. But how many more home runs could be left in this behemoth? Just as important a question, how far outside the park must Apple hit these home runs to have a meaningful impact on revenue and earnings?I'm not betting against Apple's ability to innovate. I'm betting against their ability to replicate past success in a manner that'll grow EPS well above the S&P 500. In my opinion, Apple is a snowball that's just too hard to move. Because of this, I think investors are better off buying theSPY.Where is Future Growth Coming From?I think most of us will agree Apple has pretty well saturated the smartphone market in the US. As of 2021,datashows Apple had 46.9% of the US smartphone market with share gains growing at a very slow pace. I see no reason to believe iPhone share gains will be any better than the recent past.iPhone Market Share (statista.com)Apple's second-largest market is Europe where they hold a 32.3% share. Apple holds a microscopic edge over Samsung as a market leader. Share gains in Europe have also moderated in recent years similar to the US.Apple Market Share - Europe (Statcounter.com)Perhaps China can save the day? Apple recently reclaimed the number one spot as a smartphone provider in China. Apple overtook competitor Huawei after Huawei was negatively impacted by US sanctions. So, one could argue Apple's 23% leading market position is somewhat artificial.Either way, with saturated markets in the US and Europe and a fiercely competitive environment in China, I don't see market-beating returns coming as a result of increasing iPhone sales which are the backbone of the company.So, where will Apple turn to produce the +15% per year (or approximately $15 billion in year one) earnings growth investors are accustomed to?Share RepurchasesOver the past 10 years, Apple has spent an astonishing$467 billion on share repurchases, reducing a total number of shares outstanding by 4.4% annually. Share repurchases have been a foundation of Apple's annual EPS growth and I fully expect this to continue in the future. While I'm a fan of share repurchases, I don't prefer when they're the primary form of EPS growth.Shares Outstanding (Quickfs.com)To put it in perspective, share repurchases accounted for the following percentage (approximate) of annual EPS growth for Apple:2017: 47% of YOY EPS growth2018: 21% of YOY EPS growth2019: Not measurable because EPS growth was negative2020: 62% of YOY EPS growth2021: 9% of YOY EPS growthPrior to 2021, share repurchases often accounted for a significant portion of EPS growth. I view 2021 as an outlier due to the amount of fiscal stimulus injected into the economy, which drove up revenue for many companies, including Apple.Products & ServicesApple has numerous products and services of which I am a satisfied customer. These include the iPhone, iPad, Apple Watch, Air Pods, AppStore, Apple Pay, and Apple Music. I greatly enjoy each of these and believe they offer excellent value.Apple's fastest growing categories are Wearables, Home & Accessories and Services. Over the past 5 years, Wearables, Home & Accessories has grown revenue at a 31.5% CAGR while Services clocks in at 20.3%.Here's what's included in each per Apple's 2021 10-K filing.Wearables, Home and Accessories net sales include sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories.Services net sales include sales from the Company's advertising, AppleCare, cloud, digital content, payment and other services. Services net sales also include amortization of the deferred value of services bundled in the sales price of certain products.Revenue by Category (Author's personal data)As seen in the table above, iPhone, Mac, and iPad sales have been fairly lumpy whereas Wearables, Home & Accessories and Services has been steadily increasing.Using this information, I can make an educated guess on future revenue growth for Apple. In the table below, I de-rated the revenue CAGR for each category to reflect a more modest expectation of growth.Forecast Revenue by Category (Author's personal data)ValuationUsing the market multiple approaches, I arrive at a 2026 target price of $197 for Apple, which includes share repurchases but excludes dividends. I assumed revenue growth of 10.3% (table above), net margins of 23.2% (5YR avg), a long-term PE of 20, and reducing shares outstanding by 4.5% annually.2026 revenue estimate = $593 billionNet income = $593 billion x 23.2% = $137.6 billionShares outstanding reducing from 16.9 billion in 2022 to 14.0 billion in 20262026 EPS estimate = $137.6 billion / 14.0 billion = $9.83Fair value = 20 (PE) x $9.83 = $196.60With today's price of $154 per share, a target price of $196.60 would constitute a 5-year CAGR of 5%. Not exactly a market-beating return in my opinion.From a DCF perspective, I show an intrinsic value of $156, which doesn't offer an acceptable margin of safety. I used an 8% discount rate and 2.5% terminal growth rate. I assumed Apple will continue reducing a total number of shares outstanding by 2.5% annually and grow FCF by 7.4% annually (below the 10 YR CAGR of 10.8%).DCF Valuation (Author's personal data)Aren't There Risks To The SPY?Of course, stocks and ETFs aren't called risk-assets for nothing. In the current macro environment of rising interest rates, sky-high inflation, and a looming recession, investing anywhere is risky. To quote Mr. Buffett:Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.History says 10 or 20 years from now, the market will be higher than what it is today, so it's important to keep a long-term perspective. In the current environment,dollar-cost averaging may be the best approach. And if you find yourself stressed about unrealized losses in 2022, that's probably a good sign you're invested too heavily, either in general or in an individual position. How well you sleep at night is often a good gauge of portfolio health.ConclusionApple is a phenomenal company with a bright future, but I find it hard to believe it'll offer market-beating returns in the coming years. At its current share price, Apple appears to be fairly valued and doesn't offer an acceptable margin of safety. Investors looking to 5x their money in the next 5 to 10 years likely won't be able to do so owning Apple. It's simply too large a snowball. Because of this, I think investors are better served buying the SPY where they'll get indirect exposure to Apple, de-risk their portfolio, and have a decent chance of outperforming Apple in the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9012488703,"gmtCreate":1649374448383,"gmtModify":1676534499785,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"That's good for Chevron shares too!","listText":"That's good for Chevron shares too!","text":"That's good for Chevron shares too!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012488703","repostId":"2225386543","repostType":4,"repost":{"id":"2225386543","pubTimestamp":1649374197,"share":"https://www.laohu8.com/m/news/2225386543?lang=&edition=full","pubTime":"2022-04-08 07:29","market":"us","language":"en","title":"Chevron Seen 'Very Likely' to Win License Extension for Venezuela Operations","url":"https://stock-news.laohu8.com/highlight/detail?id=2225386543","media":"seekingalpha","summary":"The Biden administration \"very likely\" will extend a license for Chevron's (NYSE:CVX) to operate in ","content":"<html><head></head><body><p>The Biden administration &#34;very likely&#34; will extend a license for Chevron&#39;s (NYSE:CVX) to operate in Venezuela, the chair of the ad-hoc board of the PDVSA state-run oil company said Thursday, according to Reuters.</p><p>An extension would not mean anything different to Chevron&#39;s current terms of operation in the country, although the company seems to be asking for a two-year extension, Horacio Medina, chair of the PDVSA ad-hoc board named by Venezuela&#39;s opposition, reportedly said.</p><p>The U.S. has provided Chevron with a special operating license exempting it from sanctions on Venezuela&#39;s oil sector for periods of up to six months; the latest special operating license, which expires in June, also applies to Halliburton (HAL), Schlumberger (SLB), Baker Hughes (BKR) and Weatherford (WFRD).</p><p>A high-level meeting between U.S and Venezuelan officials last month opened the possibility that sanctions imposed by the U.S. on PDVSA in 2019 could be relaxed due to global need for fuel caused by Russia&#39;s invasion of Ukraine.</p></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>Chevron Seen 'Very Likely' to Win License Extension for Venezuela Operations</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\">\nChevron Seen 'Very Likely' to Win License Extension for Venezuela Operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 07:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3821891-chevron-seen-very-likely-to-win-license-extension-for-venezuela-operations><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Biden administration \"very likely\" will extend a license for Chevron's (NYSE:CVX) to operate in Venezuela, the chair of the ad-hoc board of the PDVSA state-run oil company said Thursday, according...</p>\n\n<a href=\"https://seekingalpha.com/news/3821891-chevron-seen-very-likely-to-win-license-extension-for-venezuela-operations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4570":"地缘局势概念股","BK4559":"巴菲特持仓","BK4534":"瑞士信贷持仓","CVX":"雪佛龙","BK4550":"红杉资本持仓","BK4581":"高盛持仓","BK4201":"综合性石油与天然气企业","BK4566":"资本集团"},"source_url":"https://seekingalpha.com/news/3821891-chevron-seen-very-likely-to-win-license-extension-for-venezuela-operations","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2225386543","content_text":"The Biden administration \"very likely\" will extend a license for Chevron's (NYSE:CVX) to operate in Venezuela, the chair of the ad-hoc board of the PDVSA state-run oil company said Thursday, according to Reuters.An extension would not mean anything different to Chevron's current terms of operation in the country, although the company seems to be asking for a two-year extension, Horacio Medina, chair of the PDVSA ad-hoc board named by Venezuela's opposition, reportedly said.The U.S. has provided Chevron with a special operating license exempting it from sanctions on Venezuela's oil sector for periods of up to six months; the latest special operating license, which expires in June, also applies to Halliburton (HAL), Schlumberger (SLB), Baker Hughes (BKR) and Weatherford (WFRD).A high-level meeting between U.S and Venezuelan officials last month opened the possibility that sanctions imposed by the U.S. on PDVSA in 2019 could be relaxed due to global need for fuel caused by Russia's invasion of Ukraine.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032409301,"gmtCreate":1647413912301,"gmtModify":1676534226949,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow! What a rollercoaster!","listText":"Wow! What a rollercoaster!","text":"Wow! What a rollercoaster!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032409301","repostId":"1196509869","repostType":4,"repost":{"id":"1196509869","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":1647412672,"share":"https://www.laohu8.com/m/news/1196509869?lang=&edition=full","pubTime":"2022-03-16 14:37","market":"hk","language":"en","title":"HSTECH Index Rose more than 20%, Alibaba Shares Surged Nearly 24% in Hong Kong Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1196509869","media":"Tiger Newspress","summary":"HSTECH index rose more than 20%, Alibaba shares surged nearly 24% in Hong Kong market.","content":"<html><head></head><body><p>HSTECH index rose more than 20%, Alibaba shares surged nearly 24% in Hong Kong market.</p><p><img src=\"https://static.tigerbbs.com/7494b00252dfdb02e4f6781c6950c1b0\" tg-width=\"825\" tg-height=\"611\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/817682195734345a466d0d1c5626f1cb\" tg-width=\"827\" tg-height=\"589\" 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>HSTECH Index Rose more than 20%, Alibaba Shares Surged Nearly 24% in Hong Kong Market</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\">\nHSTECH Index Rose more than 20%, Alibaba Shares Surged Nearly 24% in Hong Kong Market\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\">2022-03-16 14:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>HSTECH index rose more than 20%, Alibaba shares surged nearly 24% in Hong Kong market.</p><p><img src=\"https://static.tigerbbs.com/7494b00252dfdb02e4f6781c6950c1b0\" tg-width=\"825\" tg-height=\"611\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/817682195734345a466d0d1c5626f1cb\" tg-width=\"827\" tg-height=\"589\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196509869","content_text":"HSTECH index rose more than 20%, Alibaba shares surged nearly 24% in Hong Kong market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899446705,"gmtCreate":1628212744407,"gmtModify":1703503213150,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"I think Pfizer stock is a good buy as it should rise in tandem with BioNTech in the long run as their Pfizer BioNTech covid vaccine gets more recognised globally.","listText":"I think Pfizer stock is a good buy as it should rise in tandem with BioNTech in the long run as their Pfizer BioNTech covid vaccine gets more recognised globally.","text":"I think Pfizer stock is a good buy as it should rise in tandem with BioNTech in the long run as their Pfizer BioNTech covid vaccine gets more recognised globally.","images":[{"img":"https://static.tigerbbs.com/3bbcde1ea42941cb27f07694aa8000a1","width":"1125","height":"2436"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/899446705","isVote":1,"tweetType":1,"viewCount":832,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274702625278","authorId":"3479274702625278","name":"老夫的少女心_","avatar":"https://static.tigerbbs.com/53d8be38e6bbbfa27d16721be9a4e59b","crmLevel":1,"crmLevelSwitch":0},"content":"In the long run, as their Pfizer-based BioNTech covid vaccine gains more global approval, it should rise alongside BioNTech. I quite agree with this logic.","text":"In the long run, as their Pfizer-based BioNTech covid vaccine gains more global approval, it should rise alongside BioNTech. I quite agree with this logic.","html":"In the long run, as their Pfizer-based BioNTech covid vaccine gains more global approval, it should rise alongside BioNTech. I quite agree with this logic."}],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9032409301,"gmtCreate":1647413912301,"gmtModify":1676534226949,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow! What a rollercoaster!","listText":"Wow! What a rollercoaster!","text":"Wow! What a rollercoaster!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032409301","repostId":"1196509869","repostType":4,"repost":{"id":"1196509869","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":1647412672,"share":"https://www.laohu8.com/m/news/1196509869?lang=&edition=full","pubTime":"2022-03-16 14:37","market":"hk","language":"en","title":"HSTECH Index Rose more than 20%, Alibaba Shares Surged Nearly 24% in Hong Kong Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1196509869","media":"Tiger Newspress","summary":"HSTECH index rose more than 20%, Alibaba shares surged nearly 24% in Hong Kong market.","content":"<html><head></head><body><p>HSTECH index rose more than 20%, Alibaba shares surged nearly 24% in Hong Kong market.</p><p><img src=\"https://static.tigerbbs.com/7494b00252dfdb02e4f6781c6950c1b0\" tg-width=\"825\" tg-height=\"611\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/817682195734345a466d0d1c5626f1cb\" tg-width=\"827\" tg-height=\"589\" 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>HSTECH Index Rose more than 20%, Alibaba Shares Surged Nearly 24% in Hong Kong Market</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\">\nHSTECH Index Rose more than 20%, Alibaba Shares Surged Nearly 24% in Hong Kong Market\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\">2022-03-16 14:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>HSTECH index rose more than 20%, Alibaba shares surged nearly 24% in Hong Kong market.</p><p><img src=\"https://static.tigerbbs.com/7494b00252dfdb02e4f6781c6950c1b0\" tg-width=\"825\" tg-height=\"611\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/817682195734345a466d0d1c5626f1cb\" tg-width=\"827\" tg-height=\"589\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196509869","content_text":"HSTECH index rose more than 20%, Alibaba shares surged nearly 24% in Hong Kong market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899446705,"gmtCreate":1628212744407,"gmtModify":1703503213150,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"I think Pfizer stock is a good buy as it should rise in tandem with BioNTech in the long run as their Pfizer BioNTech covid vaccine gets more recognised globally.","listText":"I think Pfizer stock is a good buy as it should rise in tandem with BioNTech in the long run as their Pfizer BioNTech covid vaccine gets more recognised globally.","text":"I think Pfizer stock is a good buy as it should rise in tandem with BioNTech in the long run as their Pfizer BioNTech covid vaccine gets more recognised globally.","images":[{"img":"https://static.tigerbbs.com/3bbcde1ea42941cb27f07694aa8000a1","width":"1125","height":"2436"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/899446705","isVote":1,"tweetType":1,"viewCount":832,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274702625278","authorId":"3479274702625278","name":"老夫的少女心_","avatar":"https://static.tigerbbs.com/53d8be38e6bbbfa27d16721be9a4e59b","crmLevel":1,"crmLevelSwitch":0},"content":"In the long run, as their Pfizer-based BioNTech covid vaccine gains more global approval, it should rise alongside BioNTech. I quite agree with this logic.","text":"In the long run, as their Pfizer-based BioNTech covid vaccine gains more global approval, it should rise alongside BioNTech. I quite agree with this logic.","html":"In the long run, as their Pfizer-based BioNTech covid vaccine gains more global approval, it should rise alongside BioNTech. I quite agree with this logic."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9012488703,"gmtCreate":1649374448383,"gmtModify":1676534499785,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"That's good for Chevron shares too!","listText":"That's good for Chevron shares too!","text":"That's good for Chevron shares too!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012488703","repostId":"2225386543","repostType":4,"repost":{"id":"2225386543","pubTimestamp":1649374197,"share":"https://www.laohu8.com/m/news/2225386543?lang=&edition=full","pubTime":"2022-04-08 07:29","market":"us","language":"en","title":"Chevron Seen 'Very Likely' to Win License Extension for Venezuela Operations","url":"https://stock-news.laohu8.com/highlight/detail?id=2225386543","media":"seekingalpha","summary":"The Biden administration \"very likely\" will extend a license for Chevron's (NYSE:CVX) to operate in ","content":"<html><head></head><body><p>The Biden administration &#34;very likely&#34; will extend a license for Chevron&#39;s (NYSE:CVX) to operate in Venezuela, the chair of the ad-hoc board of the PDVSA state-run oil company said Thursday, according to Reuters.</p><p>An extension would not mean anything different to Chevron&#39;s current terms of operation in the country, although the company seems to be asking for a two-year extension, Horacio Medina, chair of the PDVSA ad-hoc board named by Venezuela&#39;s opposition, reportedly said.</p><p>The U.S. has provided Chevron with a special operating license exempting it from sanctions on Venezuela&#39;s oil sector for periods of up to six months; the latest special operating license, which expires in June, also applies to Halliburton (HAL), Schlumberger (SLB), Baker Hughes (BKR) and Weatherford (WFRD).</p><p>A high-level meeting between U.S and Venezuelan officials last month opened the possibility that sanctions imposed by the U.S. on PDVSA in 2019 could be relaxed due to global need for fuel caused by Russia&#39;s invasion of Ukraine.</p></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>Chevron Seen 'Very Likely' to Win License Extension for Venezuela Operations</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\">\nChevron Seen 'Very Likely' to Win License Extension for Venezuela Operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 07:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3821891-chevron-seen-very-likely-to-win-license-extension-for-venezuela-operations><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Biden administration \"very likely\" will extend a license for Chevron's (NYSE:CVX) to operate in Venezuela, the chair of the ad-hoc board of the PDVSA state-run oil company said Thursday, according...</p>\n\n<a href=\"https://seekingalpha.com/news/3821891-chevron-seen-very-likely-to-win-license-extension-for-venezuela-operations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4570":"地缘局势概念股","BK4559":"巴菲特持仓","BK4534":"瑞士信贷持仓","CVX":"雪佛龙","BK4550":"红杉资本持仓","BK4581":"高盛持仓","BK4201":"综合性石油与天然气企业","BK4566":"资本集团"},"source_url":"https://seekingalpha.com/news/3821891-chevron-seen-very-likely-to-win-license-extension-for-venezuela-operations","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2225386543","content_text":"The Biden administration \"very likely\" will extend a license for Chevron's (NYSE:CVX) to operate in Venezuela, the chair of the ad-hoc board of the PDVSA state-run oil company said Thursday, according to Reuters.An extension would not mean anything different to Chevron's current terms of operation in the country, although the company seems to be asking for a two-year extension, Horacio Medina, chair of the PDVSA ad-hoc board named by Venezuela's opposition, reportedly said.The U.S. has provided Chevron with a special operating license exempting it from sanctions on Venezuela's oil sector for periods of up to six months; the latest special operating license, which expires in June, also applies to Halliburton (HAL), Schlumberger (SLB), Baker Hughes (BKR) and Weatherford (WFRD).A high-level meeting between U.S and Venezuelan officials last month opened the possibility that sanctions imposed by the U.S. on PDVSA in 2019 could be relaxed due to global need for fuel caused by Russia's invasion of Ukraine.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901033641,"gmtCreate":1659092355783,"gmtModify":1676536256582,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok ok","listText":"Ok ok","text":"Ok ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901033641","repostId":"1127120005","repostType":4,"repost":{"id":"1127120005","pubTimestamp":1659108221,"share":"https://www.laohu8.com/m/news/1127120005?lang=&edition=full","pubTime":"2022-07-29 23:23","market":"us","language":"en","title":"Apple: I'd Rather Buy The SPY","url":"https://stock-news.laohu8.com/highlight/detail?id=1127120005","media":"Seeking Alpha","summary":"SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating re","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.</li><li>Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the iPhone and fail to move the needle to satisfy growth investors.</li><li>In Peter Lynch&#39;s terms, Apple has fully transitioned from Fast Grower to Stalwart.</li><li>Investors can de-risk their portfolios by buying the SPY, which has a good chance of matching or beating Apple&#39;s future returns.</li></ul><p><b>Investment Thesis</b></p><p>There&#39;s no denying the incredible success of Apple (NASDAQ:AAPL) as a company and as an investment. Indeed, Apple even enticed investing legend Warren Buffett, who typically stays away from technology stocks, to take up a billion-dollar position back in 2016. But, as many of us know, the larger a snowball gets the harder it is to roll, to the point where it&#39;s so large it can&#39;t be rolled at all. With a nearly $2.5 trillion market cap, Apple is an enormous snowball. To put it in perspective, Apple is the size of 25 PayPal&#39;s (PYPL). It takes an enormous amount of money to move Apple, whether that be revenue, earnings, or investors.</p><p>Apple has an impressive track record of innovation with products such as the Apple Watch, Air Pods, Apple TV, and Apple Pay. But how many more home runs could be left in this behemoth? Just as important a question, how far outside the park must Apple hit these home runs to have a meaningful impact on revenue and earnings?</p><p>I&#39;m not betting against Apple&#39;s ability to innovate. I&#39;m betting against their ability to replicate past success in a manner that&#39;ll grow EPS well above the S&amp;P 500. In my opinion, Apple is a snowball that&#39;s just too hard to move. Because of this, I think investors are better off buying theSPY.</p><p><b>Where is Future Growth Coming From?</b></p><p>I think most of us will agree Apple has pretty well saturated the smartphone market in the US. As of 2021,datashows Apple had 46.9% of the US smartphone market with share gains growing at a very slow pace. I see no reason to believe iPhone share gains will be any better than the recent past.</p><p><img src=\"https://static.tigerbbs.com/6f5a8230f021553bdab552ae6cb8ce70\" tg-width=\"640\" tg-height=\"344\" referrerpolicy=\"no-referrer\"/></p><p>iPhone Market Share (statista.com)</p><p>Apple&#39;s second-largest market is Europe where they hold a 32.3% share. Apple holds a microscopic edge over Samsung as a market leader. Share gains in Europe have also moderated in recent years similar to the US.</p><p><img src=\"https://static.tigerbbs.com/f0becc8c9b730dc6c023bcefce1e0646\" tg-width=\"640\" tg-height=\"315\" referrerpolicy=\"no-referrer\"/></p><p>Apple Market Share - Europe (Statcounter.com)</p><p>Perhaps China can save the day? Apple recently reclaimed the number one spot as a smartphone provider in China. Apple overtook competitor Huawei after Huawei was negatively impacted by US sanctions. So, one could argue Apple&#39;s 23% leading market position is somewhat artificial.</p><p>Either way, with saturated markets in the US and Europe and a fiercely competitive environment in China, I don&#39;t see market-beating returns coming as a result of increasing iPhone sales which are the backbone of the company.</p><p>So, where will Apple turn to produce the +15% per year (or approximately $15 billion in year one) earnings growth investors are accustomed to?</p><p><b>Share Repurchases</b></p><p>Over the past 10 years, Apple has spent an astonishing$467 billion on share repurchases, reducing a total number of shares outstanding by 4.4% annually. Share repurchases have been a foundation of Apple&#39;s annual EPS growth and I fully expect this to continue in the future. While I&#39;m a fan of share repurchases, I don&#39;t prefer when they&#39;re the primary form of EPS growth.</p><p><img src=\"https://static.tigerbbs.com/664dc00f07bea24b2eb1aa207937ae30\" tg-width=\"640\" tg-height=\"376\" referrerpolicy=\"no-referrer\"/></p><p>Shares Outstanding (Quickfs.com)</p><p>To put it in perspective, share repurchases accounted for the following percentage (approximate) of annual EPS growth for Apple:</p><ul><li>2017: 47% of YOY EPS growth</li><li>2018: 21% of YOY EPS growth</li><li>2019: Not measurable because EPS growth was negative</li><li>2020: 62% of YOY EPS growth</li><li>2021: 9% of YOY EPS growth</li></ul><p>Prior to 2021, share repurchases often accounted for a significant portion of EPS growth. I view 2021 as an outlier due to the amount of fiscal stimulus injected into the economy, which drove up revenue for many companies, including Apple.</p><p><b>Products &amp; Services</b></p><p>Apple has numerous products and services of which I am a satisfied customer. These include the iPhone, iPad, Apple Watch, Air Pods, AppStore, Apple Pay, and Apple Music. I greatly enjoy each of these and believe they offer excellent value.</p><p>Apple&#39;s fastest growing categories are Wearables, Home &amp; Accessories and Services. Over the past 5 years, Wearables, Home &amp; Accessories has grown revenue at a 31.5% CAGR while Services clocks in at 20.3%.</p><p>Here&#39;s what&#39;s included in each per Apple&#39;s 2021 10-K filing.</p><blockquote>Wearables, Home and Accessories net sales include sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories.</blockquote><blockquote>Services net sales include sales from the Company&#39;s advertising, AppleCare, cloud, digital content, payment and other services. Services net sales also include amortization of the deferred value of services bundled in the sales price of certain products.</blockquote><p><img src=\"https://static.tigerbbs.com/2b67155a2ae8b688f5fddfede0b0344b\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"/></p><p>Revenue by Category (Author&#39;s personal data)</p><p>As seen in the table above, iPhone, Mac, and iPad sales have been fairly lumpy whereas Wearables, Home &amp; Accessories and Services has been steadily increasing.</p><p>Using this information, I can make an educated guess on future revenue growth for Apple. In the table below, I de-rated the revenue CAGR for each category to reflect a more modest expectation of growth.</p><p><img src=\"https://static.tigerbbs.com/d0e23bc5acddfa2604ba624d20446f19\" tg-width=\"640\" tg-height=\"166\" referrerpolicy=\"no-referrer\"/></p><p>Forecast Revenue by Category (Author&#39;s personal data)</p><p><b>Valuation</b></p><p>Using the market multiple approaches, I arrive at a 2026 target price of $197 for Apple, which includes share repurchases but excludes dividends. I assumed revenue growth of 10.3% (table above), net margins of 23.2% (5YR avg), a long-term PE of 20, and reducing shares outstanding by 4.5% annually.</p><ul><li>2026 revenue estimate = $593 billion</li><li>Net income = $593 billion x 23.2% = $137.6 billion</li><li>Shares outstanding reducing from 16.9 billion in 2022 to 14.0 billion in 2026</li><li>2026 EPS estimate = $137.6 billion / 14.0 billion = $9.83</li><li>Fair value = 20 (PE) x $9.83 = $196.60</li></ul><p>With today&#39;s price of $154 per share, a target price of $196.60 would constitute a 5-year CAGR of 5%. Not exactly a market-beating return in my opinion.</p><p>From a DCF perspective, I show an intrinsic value of $156, which doesn&#39;t offer an acceptable margin of safety. I used an 8% discount rate and 2.5% terminal growth rate. I assumed Apple will continue reducing a total number of shares outstanding by 2.5% annually and grow FCF by 7.4% annually (below the 10 YR CAGR of 10.8%).</p><p><img src=\"https://static.tigerbbs.com/89bb0473ac235d24fd63d6a47a1f565f\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/></p><p>DCF Valuation (Author&#39;s personal data)</p><p><b>Aren&#39;t There Risks To The SPY?</b></p><p>Of course, stocks and ETFs aren&#39;t called risk-assets for nothing. In the current macro environment of rising interest rates, sky-high inflation, and a looming recession, investing anywhere is risky. To quote Mr. Buffett:</p><blockquote>Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.</blockquote><p>History says 10 or 20 years from now, the market will be higher than what it is today, so it&#39;s important to keep a long-term perspective. In the current environment,dollar-cost averaging may be the best approach. And if you find yourself stressed about unrealized losses in 2022, that&#39;s probably a good sign you&#39;re invested too heavily, either in general or in an individual position. How well you sleep at night is often a good gauge of portfolio health.</p><p><b>Conclusion</b></p><p>Apple is a phenomenal company with a bright future, but I find it hard to believe it&#39;ll offer market-beating returns in the coming years. At its current share price, Apple appears to be fairly valued and doesn&#39;t offer an acceptable margin of safety. Investors looking to 5x their money in the next 5 to 10 years likely won&#39;t be able to do so owning Apple. It&#39;s simply too large a snowball. Because of this, I think investors are better served buying the SPY where they&#39;ll get indirect exposure to Apple, de-risk their portfolio, and have a decent chance of outperforming Apple in the long term.</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>Apple: I'd Rather Buy The SPY</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: I'd Rather Buy The SPY\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-29 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4527039-apple-rather-buy-spy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4527039-apple-rather-buy-spy\">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","SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4527039-apple-rather-buy-spy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127120005","content_text":"SummaryApple is a phenomenal company, but their enormous size will be a barrier to market-beating returns.Apple is innovating, but, in my opinion, new offerings will likely pale in comparison to the iPhone and fail to move the needle to satisfy growth investors.In Peter Lynch's terms, Apple has fully transitioned from Fast Grower to Stalwart.Investors can de-risk their portfolios by buying the SPY, which has a good chance of matching or beating Apple's future returns.Investment ThesisThere's no denying the incredible success of Apple (NASDAQ:AAPL) as a company and as an investment. Indeed, Apple even enticed investing legend Warren Buffett, who typically stays away from technology stocks, to take up a billion-dollar position back in 2016. But, as many of us know, the larger a snowball gets the harder it is to roll, to the point where it's so large it can't be rolled at all. With a nearly $2.5 trillion market cap, Apple is an enormous snowball. To put it in perspective, Apple is the size of 25 PayPal's (PYPL). It takes an enormous amount of money to move Apple, whether that be revenue, earnings, or investors.Apple has an impressive track record of innovation with products such as the Apple Watch, Air Pods, Apple TV, and Apple Pay. But how many more home runs could be left in this behemoth? Just as important a question, how far outside the park must Apple hit these home runs to have a meaningful impact on revenue and earnings?I'm not betting against Apple's ability to innovate. I'm betting against their ability to replicate past success in a manner that'll grow EPS well above the S&P 500. In my opinion, Apple is a snowball that's just too hard to move. Because of this, I think investors are better off buying theSPY.Where is Future Growth Coming From?I think most of us will agree Apple has pretty well saturated the smartphone market in the US. As of 2021,datashows Apple had 46.9% of the US smartphone market with share gains growing at a very slow pace. I see no reason to believe iPhone share gains will be any better than the recent past.iPhone Market Share (statista.com)Apple's second-largest market is Europe where they hold a 32.3% share. Apple holds a microscopic edge over Samsung as a market leader. Share gains in Europe have also moderated in recent years similar to the US.Apple Market Share - Europe (Statcounter.com)Perhaps China can save the day? Apple recently reclaimed the number one spot as a smartphone provider in China. Apple overtook competitor Huawei after Huawei was negatively impacted by US sanctions. So, one could argue Apple's 23% leading market position is somewhat artificial.Either way, with saturated markets in the US and Europe and a fiercely competitive environment in China, I don't see market-beating returns coming as a result of increasing iPhone sales which are the backbone of the company.So, where will Apple turn to produce the +15% per year (or approximately $15 billion in year one) earnings growth investors are accustomed to?Share RepurchasesOver the past 10 years, Apple has spent an astonishing$467 billion on share repurchases, reducing a total number of shares outstanding by 4.4% annually. Share repurchases have been a foundation of Apple's annual EPS growth and I fully expect this to continue in the future. While I'm a fan of share repurchases, I don't prefer when they're the primary form of EPS growth.Shares Outstanding (Quickfs.com)To put it in perspective, share repurchases accounted for the following percentage (approximate) of annual EPS growth for Apple:2017: 47% of YOY EPS growth2018: 21% of YOY EPS growth2019: Not measurable because EPS growth was negative2020: 62% of YOY EPS growth2021: 9% of YOY EPS growthPrior to 2021, share repurchases often accounted for a significant portion of EPS growth. I view 2021 as an outlier due to the amount of fiscal stimulus injected into the economy, which drove up revenue for many companies, including Apple.Products & ServicesApple has numerous products and services of which I am a satisfied customer. These include the iPhone, iPad, Apple Watch, Air Pods, AppStore, Apple Pay, and Apple Music. I greatly enjoy each of these and believe they offer excellent value.Apple's fastest growing categories are Wearables, Home & Accessories and Services. Over the past 5 years, Wearables, Home & Accessories has grown revenue at a 31.5% CAGR while Services clocks in at 20.3%.Here's what's included in each per Apple's 2021 10-K filing.Wearables, Home and Accessories net sales include sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories.Services net sales include sales from the Company's advertising, AppleCare, cloud, digital content, payment and other services. Services net sales also include amortization of the deferred value of services bundled in the sales price of certain products.Revenue by Category (Author's personal data)As seen in the table above, iPhone, Mac, and iPad sales have been fairly lumpy whereas Wearables, Home & Accessories and Services has been steadily increasing.Using this information, I can make an educated guess on future revenue growth for Apple. In the table below, I de-rated the revenue CAGR for each category to reflect a more modest expectation of growth.Forecast Revenue by Category (Author's personal data)ValuationUsing the market multiple approaches, I arrive at a 2026 target price of $197 for Apple, which includes share repurchases but excludes dividends. I assumed revenue growth of 10.3% (table above), net margins of 23.2% (5YR avg), a long-term PE of 20, and reducing shares outstanding by 4.5% annually.2026 revenue estimate = $593 billionNet income = $593 billion x 23.2% = $137.6 billionShares outstanding reducing from 16.9 billion in 2022 to 14.0 billion in 20262026 EPS estimate = $137.6 billion / 14.0 billion = $9.83Fair value = 20 (PE) x $9.83 = $196.60With today's price of $154 per share, a target price of $196.60 would constitute a 5-year CAGR of 5%. Not exactly a market-beating return in my opinion.From a DCF perspective, I show an intrinsic value of $156, which doesn't offer an acceptable margin of safety. I used an 8% discount rate and 2.5% terminal growth rate. I assumed Apple will continue reducing a total number of shares outstanding by 2.5% annually and grow FCF by 7.4% annually (below the 10 YR CAGR of 10.8%).DCF Valuation (Author's personal data)Aren't There Risks To The SPY?Of course, stocks and ETFs aren't called risk-assets for nothing. In the current macro environment of rising interest rates, sky-high inflation, and a looming recession, investing anywhere is risky. To quote Mr. Buffett:Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.History says 10 or 20 years from now, the market will be higher than what it is today, so it's important to keep a long-term perspective. In the current environment,dollar-cost averaging may be the best approach. And if you find yourself stressed about unrealized losses in 2022, that's probably a good sign you're invested too heavily, either in general or in an individual position. How well you sleep at night is often a good gauge of portfolio health.ConclusionApple is a phenomenal company with a bright future, but I find it hard to believe it'll offer market-beating returns in the coming years. At its current share price, Apple appears to be fairly valued and doesn't offer an acceptable margin of safety. Investors looking to 5x their money in the next 5 to 10 years likely won't be able to do so owning Apple. It's simply too large a snowball. Because of this, I think investors are better served buying the SPY where they'll get indirect exposure to Apple, de-risk their portfolio, and have a decent chance of outperforming Apple in the long term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":297485113864368,"gmtCreate":1713656888016,"gmtModify":1713669037841,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Replying to <a href=\"https://ttm.financial/U/4087984901983600\">@Boon118</a>:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, compassionate and forward-looking. I also like his consensus leadership style//<a href=\"https://ttm.financial/U/4087984901983600\">@Boon118</a>:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","listText":"Replying to <a href=\"https://ttm.financial/U/4087984901983600\">@Boon118</a>:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, compassionate and forward-looking. I also like his consensus leadership style//<a href=\"https://ttm.financial/U/4087984901983600\">@Boon118</a>:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","text":"Replying to @Boon118:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, compassionate and forward-looking. I also like his consensus leadership style//@Boon118:Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297485113864368","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":297484429975640,"gmtCreate":1713656720516,"gmtModify":1713669027230,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","listText":"Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","text":"Yes i look forward to the government to be led by new PM Lawrence Wong. He is capable, forward-looking and i like gis consensus leadership style","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297484429975640","isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":267905498890312,"gmtCreate":1706437669394,"gmtModify":1706437674607,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Sleep on my back as a regular investor of more than 5 years. Stop loss when it is triggered and take profits when target price is reached. No loss of sleep lah!","listText":"Sleep on my back as a regular investor of more than 5 years. Stop loss when it is triggered and take profits when target price is reached. No loss of sleep lah!","text":"Sleep on my back as a regular investor of more than 5 years. Stop loss when it is triggered and take profits when target price is reached. No loss of sleep lah!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/267905498890312","isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948774194,"gmtCreate":1680798470318,"gmtModify":1680798473217,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Smile]&nbsp;[Great]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Great]&nbsp;[Smile]&nbsp;","text":"[Smile] [Great] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948774194","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948774013,"gmtCreate":1680798440332,"gmtModify":1680798443198,"author":{"id":"4087984901983600","authorId":"4087984901983600","name":"Boon118","avatar":"https://community-static.tradeup.com/news/f89a32f4af0ad39abf173fbc3e26a060","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Yes. Great article!","listText":"Yes. Great article!","text":"Yes. Great article!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948774013","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}