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2023-04-15
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2022-12-02
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2022-04-18
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Alphabet, Amazon, Tesla, and Shopify Stock Splits: Which High-Flying Stocks Are Next to Split?
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2022-01-27
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2021-12-16
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Apple Stock Is Now A Bubble
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2021-07-03
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2021-06-26
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Is Apple A Better Buy Than Other FAANG Stocks?
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The coronavirus pandemic, historically high inflation, and the invasion of Ukraine by Russia, are just some of the major market-moving events.</p><p>But among the many catalysts captivating Wall Street, stock split-mania has seemingly risen to the top of the list.</p><p>A stock split is a way for publicly traded companies to alter their share price and outstanding share count without affecting their market cap or underlying business. It's an aesthetic move that primarily benefits retail investors who may not have access to fractional-share purchases. When high-flying stocks split their shares, they're simply lowering their share price to make it more affordable (on a nominal basis) for retail investors.</p><h2>Four industry titans have announced stock splits</h2><p>Since the beginning of February, four supercharged and widely owned stocks announced their intentions to enact stock splits, with shareholder approval.</p><ul><li><b>Alphabet</b>, the parent company of leading internet search engine Google and streaming platform YouTube, kicked things off in early February by announcing plans to split its shares 20-for-1. If approved by shareholders, the split will take effect in mid-July.</li><li><b>Amazon</b> was up next. On March 9, the e-commerce giant followed in Alphabet's footsteps with a 20-for-1 stock split announcement of its own. Amazon's split will take effect in early June if its shareholders give it the go-ahead.</li><li><b>Tesla</b> charged forward next. In late March, the electric vehicle behemoth announced its intent to enact a stock split for the second time since August 2020. Although Tesla didn't unveil the magnitude of its proposed split (the August 2020 split was 5-for-1), it did note that shareholders would vote on its approval during the company's annual shareholder meeting later this year.</li><li><b>Shopify</b> became the newest highflier to jump on the stock split bandwagon. This cloud-based e-commerce solutions powerhouse intends to split its stock 10-for-1. If shareholders give Shopify the green light, its split would take effect in late June.</li></ul><p>Because stock splits are often enacted by companies that are firing on all cylinders, their announcement tends to evoke positive emotions from investors. It's also left Wall Street and investors wondering what high-flying stocks are next to announce a split after Alphabet, Amazon, Tesla, and Shopify.</p><h2>Costco Wholesale</h2><p>The first highflier that would be an incredibly logical stock split candidate is warehouse club <b>Costco Wholesale</b>. The last time shares of Costco split was over 22 years ago.</p><p>As of the closing bell on April 14, Costco's shares were setting investors back more than $590 a pop. While that's not a big deal for investors with access to fractional-share purchases, $590 is a prohibitively high figure for an investor who might want to put $100, $200, or $500 to work in a widely known retail company. Splitting its shares would almost certainly broaden interest and ownership in the company.</p><p>Another obvious reason for Costco to consider a split is because its stock is outperforming. Shares of the company have soared 584% over the trailing 10 years and are likely to head higher over time as its competitive advantages play out.</p><p>For instance, Costco's size and deep pockets allow the company to purchase goods in bulk. Buying in bulk often lowers the cost paid per unit, which translates into better prices for its members. Being able to undercut many traditional grocers on price, and counting on its members to add discretionary items to their shopping carts, has been a winning formula for quite some time for Costco.</p><p>Costco's membership model is working wonders, too. The annual fees Costco collects from its members further buffer its operating margins and provide added incentive for members to make Costco their primary place to shop.</p><h2>Broadcom</h2><p>A second high-flying stock that could be next to join Alphabet, Amazon, Tesla, and Shopify is semiconductor solutions provider <b>Broadcom</b>. Although Avago, which acquired Broadcom in 2016 and kept the Broadcom name, has never split its stock, Broadcom did enact three splits between 1999 and 2006.</p><p>Similar to Costco, shares of Broadcom are pricey for retail investors. Shares closed this past week at almost $574, and it's been roughly six months since investors have had the chance to purchase a single share for below $500. Over the trailing 10 years, Broadcom shares have rallied in excess of 1,400%! And yet, they could head even higher.</p><p>Broadcom is the definition of a company that's firing on all cylinders. It's expected to see demand remain high for its wireless chips, which are used in next-generation smartphones. The rollout of 5G wireless infrastructure by telecom companies will take time, meaning Broadcom can benefit from a multiyear smartphone replacement cycle.</p><p>Beyond smartphones, the company has ample opportunity to grow its presence in data centers. With businesses shifting their data into the cloud at an accelerated pace due to the pandemic, demand has been strong for Broadcom's access and connectivity chips used in data centers.</p><p>Considering that Broadcom is booking production well into 2023, there's a good chance of its share price heading even higher. That should put a stock split in play for this semiconductor solutions powerhouse.</p><h2><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></h2><p>A third and final highflier that would be a common-sense stock split candidate right now is cybersecurity company <b>Palo Alto Networks</b>. Palo Alto became a publicly traded company almost 10 years ago and has never split its stock.</p><p>To keep the theme going, Palo Alto's current share price can make it difficult for some retail investors to buy its stock. The company ended last week at almost $627 a share, which makes it the highest-priced company (based on nominal share price) on this list. Since its initial public offering in the summer of 2012, Palo Alto's stock has gained more than 1,070%!</p><p>The beauty of cybersecurity stocks is that they've evolved into a basic-necessity service over the past two decades. No matter how well or poorly the U.S. economy and/or stock market are performing, hackers and robots don't take a day off from trying to steal consumer and enterprise data. This makes cybersecurity solutions a veritable necessity for businesses of all sizes. It also increases the likelihood that Palo Alto's stock will head higher over time.</p><p>What makes Palo Alto so intriguing is the company's ongoing shift to subscription-based solutions. While the company hasn't abandoned its traditional firewall products, it should become more competitive and offer more effective cybersecurity solutions by focusing on cloud-based subscription services. Annual recurring revenues from these next-gen solutions are expected to grow from $1.18 billion in fiscal 2021 to an estimated $3.25 billion by fiscal 2024 (Palo Alto's fiscal year ends July 31).</p><p>Palo Alto is also relying on bolt-on acquisitions to broaden its product and service portfolio and reach new customers. With its future looking bright, a stock split would make a lot of sense.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet, Amazon, Tesla, and Shopify Stock Splits: Which High-Flying Stocks Are Next to Split?</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\">\nAlphabet, Amazon, Tesla, and Shopify Stock Splits: Which High-Flying Stocks Are Next to Split?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-18 18:02 GMT+8 <a href=https://www.fool.com/investing/2022/04/18/alphabet-amazon-tesla-and-shopify-stock-splits/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There has been no shortage of news events to keep investors busy this year. The coronavirus pandemic, historically high inflation, and the invasion of Ukraine by Russia, are just some of the major ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/18/alphabet-amazon-tesla-and-shopify-stock-splits/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4528":"SaaS概念","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","PANW":"Palo Alto Networks","TSLA":"特斯拉","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","COST":"好市多","BK4566":"资本集团","AVGO":"博通","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","AMZN":"亚马逊","SHOP":"Shopify Inc","BK4574":"无人驾驶","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4581":"高盛持仓","BK4511":"特斯拉概念"},"source_url":"https://www.fool.com/investing/2022/04/18/alphabet-amazon-tesla-and-shopify-stock-splits/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2228310949","content_text":"There has been no shortage of news events to keep investors busy this year. The coronavirus pandemic, historically high inflation, and the invasion of Ukraine by Russia, are just some of the major market-moving events.But among the many catalysts captivating Wall Street, stock split-mania has seemingly risen to the top of the list.A stock split is a way for publicly traded companies to alter their share price and outstanding share count without affecting their market cap or underlying business. It's an aesthetic move that primarily benefits retail investors who may not have access to fractional-share purchases. When high-flying stocks split their shares, they're simply lowering their share price to make it more affordable (on a nominal basis) for retail investors.Four industry titans have announced stock splitsSince the beginning of February, four supercharged and widely owned stocks announced their intentions to enact stock splits, with shareholder approval.Alphabet, the parent company of leading internet search engine Google and streaming platform YouTube, kicked things off in early February by announcing plans to split its shares 20-for-1. If approved by shareholders, the split will take effect in mid-July.Amazon was up next. On March 9, the e-commerce giant followed in Alphabet's footsteps with a 20-for-1 stock split announcement of its own. Amazon's split will take effect in early June if its shareholders give it the go-ahead.Tesla charged forward next. In late March, the electric vehicle behemoth announced its intent to enact a stock split for the second time since August 2020. Although Tesla didn't unveil the magnitude of its proposed split (the August 2020 split was 5-for-1), it did note that shareholders would vote on its approval during the company's annual shareholder meeting later this year.Shopify became the newest highflier to jump on the stock split bandwagon. This cloud-based e-commerce solutions powerhouse intends to split its stock 10-for-1. If shareholders give Shopify the green light, its split would take effect in late June.Because stock splits are often enacted by companies that are firing on all cylinders, their announcement tends to evoke positive emotions from investors. It's also left Wall Street and investors wondering what high-flying stocks are next to announce a split after Alphabet, Amazon, Tesla, and Shopify.Costco WholesaleThe first highflier that would be an incredibly logical stock split candidate is warehouse club Costco Wholesale. The last time shares of Costco split was over 22 years ago.As of the closing bell on April 14, Costco's shares were setting investors back more than $590 a pop. While that's not a big deal for investors with access to fractional-share purchases, $590 is a prohibitively high figure for an investor who might want to put $100, $200, or $500 to work in a widely known retail company. Splitting its shares would almost certainly broaden interest and ownership in the company.Another obvious reason for Costco to consider a split is because its stock is outperforming. Shares of the company have soared 584% over the trailing 10 years and are likely to head higher over time as its competitive advantages play out.For instance, Costco's size and deep pockets allow the company to purchase goods in bulk. Buying in bulk often lowers the cost paid per unit, which translates into better prices for its members. Being able to undercut many traditional grocers on price, and counting on its members to add discretionary items to their shopping carts, has been a winning formula for quite some time for Costco.Costco's membership model is working wonders, too. The annual fees Costco collects from its members further buffer its operating margins and provide added incentive for members to make Costco their primary place to shop.BroadcomA second high-flying stock that could be next to join Alphabet, Amazon, Tesla, and Shopify is semiconductor solutions provider Broadcom. Although Avago, which acquired Broadcom in 2016 and kept the Broadcom name, has never split its stock, Broadcom did enact three splits between 1999 and 2006.Similar to Costco, shares of Broadcom are pricey for retail investors. Shares closed this past week at almost $574, and it's been roughly six months since investors have had the chance to purchase a single share for below $500. Over the trailing 10 years, Broadcom shares have rallied in excess of 1,400%! And yet, they could head even higher.Broadcom is the definition of a company that's firing on all cylinders. It's expected to see demand remain high for its wireless chips, which are used in next-generation smartphones. The rollout of 5G wireless infrastructure by telecom companies will take time, meaning Broadcom can benefit from a multiyear smartphone replacement cycle.Beyond smartphones, the company has ample opportunity to grow its presence in data centers. With businesses shifting their data into the cloud at an accelerated pace due to the pandemic, demand has been strong for Broadcom's access and connectivity chips used in data centers.Considering that Broadcom is booking production well into 2023, there's a good chance of its share price heading even higher. That should put a stock split in play for this semiconductor solutions powerhouse.Palo Alto NetworksA third and final highflier that would be a common-sense stock split candidate right now is cybersecurity company Palo Alto Networks. Palo Alto became a publicly traded company almost 10 years ago and has never split its stock.To keep the theme going, Palo Alto's current share price can make it difficult for some retail investors to buy its stock. The company ended last week at almost $627 a share, which makes it the highest-priced company (based on nominal share price) on this list. Since its initial public offering in the summer of 2012, Palo Alto's stock has gained more than 1,070%!The beauty of cybersecurity stocks is that they've evolved into a basic-necessity service over the past two decades. No matter how well or poorly the U.S. economy and/or stock market are performing, hackers and robots don't take a day off from trying to steal consumer and enterprise data. This makes cybersecurity solutions a veritable necessity for businesses of all sizes. It also increases the likelihood that Palo Alto's stock will head higher over time.What makes Palo Alto so intriguing is the company's ongoing shift to subscription-based solutions. While the company hasn't abandoned its traditional firewall products, it should become more competitive and offer more effective cybersecurity solutions by focusing on cloud-based subscription services. Annual recurring revenues from these next-gen solutions are expected to grow from $1.18 billion in fiscal 2021 to an estimated $3.25 billion by fiscal 2024 (Palo Alto's fiscal year ends July 31).Palo Alto is also relying on bolt-on acquisitions to broaden its product and service portfolio and reach new customers. With its future looking bright, a stock split would make a lot of sense.","news_type":1},"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099012709,"gmtCreate":1643277981936,"gmtModify":1676533794786,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099012709","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. 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Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9000021186,"gmtCreate":1639613279246,"gmtModify":1676533491297,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"🥶","listText":"🥶","text":"🥶","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":109,"repostSize":0,"link":"https://ttm.financial/post/9000021186","repostId":"1131877933","repostType":2,"repost":{"id":"1131877933","kind":"news","pubTimestamp":1639613067,"share":"https://ttm.financial/m/news/1131877933?lang=&edition=fundamental","pubTime":"2021-12-16 08:04","market":"us","language":"en","title":"Apple Stock Is Now A Bubble","url":"https://stock-news.laohu8.com/highlight/detail?id=1131877933","media":"seekingalpha","summary":"Summary\n\nApple's stock has reached unprecedented levels without a corresponding increase in the busi","content":"<p>Summary</p>\n<ul>\n <li>Apple's stock has reached unprecedented levels without a corresponding increase in the business.</li>\n <li>In particular, Apple has surged 20% in six weeks after a so-so earnings report in October.</li>\n <li>While it's impossible to tell how far momentum will carry Apple, the value of the stock increasingly relies on highly speculative assumptions such as virtual reality and the Apple car.</li>\n <li>Apple faces challenges in 2022 ranging from antitrust to supply chain to a softening American consumer.</li>\n <li>Apple used to be my biggest holding, and I've never put an outright sell call on the stock, but now is the time.</li>\n</ul>\n<p></p>\n<p></p>\n<p><b>Apple's Stock Has Come Unhinged From Its Business</b></p>\n<p>Many Seeking Alpha readers will consider saying this as the height of blasphemy, but Apple Inc. (AAPL) - the world's most valuable company and symbol of American capitalism - has become the subject of a speculative bubble. Apple's price is now far higher than its business fundamentals justify without resorting to overly optimistic projections of the future. Apple turned in a so-so earnings report in October, after which the stock surged to all-time highs. Additionally, this is only anecdotal, but the local Apple stores here in Texas haven't been quite as busy as I would expect before Christmas.</p>\n<p></p>\n<p>Some observers have linked the surge in Apple to speculators buying short-dated call options in the stock, a behavior more commonly seen in meme stocks like GameStop (GME) and AMC Entertainment (AMC). This would make sense because the recent $500 billion surge in market cap doesn't when based on the reality on the ground. Apple now trades for over 30x earnings, with the analyst consensus earnings estimates expecting a peak this year or slow growth at best.</p>\n<p></p>\n<p><b>Analyst Predictions Are Increasingly Abstract</b></p>\n<p>If the present numbers are so-so, why is Apple stock surging ahead of the profits the company is making? Recent analyst reports seem to love to emphasize the abstract, such as virtual reality, the \"metaverse\", and the prospect of an Apple car.</p>\n<p></p>\n<p>Virtual reality is interesting, but as someone who has played around with the technology (I walked the plank), it was pretty fun, but it didn't change my life. Having a friend own one is as good as owning one yourself-a key contrast with iPhone. Take Meta (FB), the corporation formerly known as Facebook. Meta has sold about 10 million Oculus VR headsets. The sets start at $300, so I figure that at a 30% margin they made about a billion dollars from it. A billion dollars is a lot of money, but it's a lot less than $2.8 trillion (1/2800th to be exact of Apple's market cap). I would expect Apple to make a play in virtual reality, but I would not expect fireworks here from an earnings perspective.</p>\n<p>The metaverse is another curiosity here. Silicon Valley has been crushed by whistleblowers as of late, so what better way to get the attention off of antitrust issues, employment issues, and societal issues than to put your smartest marketing people in a room for a couple of days until they come up with something you can launch a huge PR campaign with? Apple isn't the main driver of social problems coming out of Silicon Valley, but I would not have high expectations for the profit potential of the Metaverse- most of the use cases tossed around seem indistinguishable from using FaceTime.</p>\n<p>There's a huge amount of interest in electric cars right now, so the best way to get some hype into a company (besides putting Bitcoin on your corporate balance sheet) is to generate speculation that you might produce an electric car. Apple has ample R&D resources, but to enter the car business for them makes about as much sense to me as starting an Apple Airline. The car business is notorious for being labor and capital-intensive and for having low margins. Apple could simply license a car, but are manufacturers going to be willing to shell out the royalties Apple wants, and is Apple comfortable dealing with potential brand issues if the car ends up having recalls or safety issues? I don't think the car business is a good fit for Apple's expertise in consumer electronics.</p>\n<p><b>Apple's Challenges For 2022 And Beyond</b></p>\n<p>1. Whether earnings estimates are realistic without continued fiscal stimulus is an issue for the whole US economy, but a particularly thorny one for consumer-facing companies like Apple. Apple had its best year ever in 2021 as consumers were flush with cash from government stimulus. All of these concerns aren't specific to Apple, but they do affect the company.</p>\n<p></p>\n<p>2. The central question for 2022 and beyond is whether Apple's pre-pandemic earnings in the $3 per share range or so are more indicative of long-term demand for Apple products, or whether the $5.67 per share that they earned in 2021 is the new normal. I believe the earnings estimates for the stock market at large are too high for 2022 in the absence of stimulus spending. (i.e., the typical American household made a ballpark of $60,000 post-tax in 2021, but $10,000 of this was directly or indirectly from the stimulus, such as the three rounds of checks, expanded unemployment, the student loan pause, etc.). As it turns out, if you give the typical American family an extra $10,000 to spend that they don't have to work for, statistically, many of these people will upgrade their iPhones. Going forward, consumers will only be able to spend what they actually earn. Apple has positive tailwinds from services revenue, but I don't think they can sustain iPhone sales at anywhere near the level they have achieved in 2021. I'd guess Apple earns somewhere between $4.50 and $5.00 in 2022.</p>\n<p></p>\n<p>3. Apple cited the supply chain as a challenge in their last quarterly earnings conference call. I think the supply chain will be less of an issue in 2022 than it has been in 2021, but because consumer demand is lower in the face of falling inflation-adjusted wages and no more stimulus. This said, chip shortages will not help Apple's cause, and the longer they go on, the more it caps Apple's upside earnings.</p>\n<p></p>\n<p>4. Apple's golden goose is services revenue. Increasingly, however, Apple is running up against antitrust laws. We've seen Apple cut App store fees recently under pressure from regulators, and we've seen Apple and Google (GOOG) get scrutiny for the $15 billion or so that Google will pay Apple this year for the right to be the default search engine. Apple makes more from their deal with Google than they likely ever will from the Metaverse. The risk is that regulators in the US or EU end up pushing back on this and cutting off the flow of money here. This deal is worth about 1/6th of Apple's net income for the year, and even more if iPhone sales slow.</p>\n<p></p>\n<p>5. Apple's earnings per share growth has been driven in large part by buybacks. When Apple traded at a 10-12x PE throughout most of the 2010s, this allowed Apple to get huge returns on shares it bought back. With the PE ratio over 30x now, this strategy is only 1/3rd as effective, and dependent on the business to continue to outperform at levels that are historically very hard to achieve. I'd rather see Apple pay a dividend here.</p>\n<p></p>\n<p>6. Believe it or not, Apple traded at a discount to the S&P 500 PE ratio for much of the 2010s. Now it trades for a large premium. I generally don't make market calls based on sentiment, but I think a PE ratio closer to the S&P 500 at large (20x or so) is more appropriate than a large premium. There's no particular reason the market will enforce this, but that's where I feel is correct based on Apple's underlying business. This would put the stock price around $100, and that's about where I would buy the stock.</p>\n<p></p>\n<p></p>\n<p><b>Conclusion</b></p>\n<p>Since late 2019, Apple stock has been on an epic bull run. Had this run been fully reflected in the long-run success of the business, this wouldn't be too worrisome. But with Apple's valuation increasingly reaching exuberant levels while concerns about the sustainability of its earnings mount, Apple's stock has the dual problem of having earnings estimates that will be hard to live up to and having a high valuation on top of it. Formerly my largest holding, Apple looks like it's in a bubble here after its November gamma squeeze. Apple's business is going to have a very difficult time living up to the sky-high expectations for the stock.</p>","source":"lsy1638401102509","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 Stock Is Now A Bubble</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 Stock Is Now A Bubble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 08:04 GMT+8 <a href=https://seekingalpha.com/article/4475237-apple-stock-is-now-a-bubble><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple's stock has reached unprecedented levels without a corresponding increase in the business.\nIn particular, Apple has surged 20% in six weeks after a so-so earnings report in October.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4475237-apple-stock-is-now-a-bubble\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4475237-apple-stock-is-now-a-bubble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131877933","content_text":"Summary\n\nApple's stock has reached unprecedented levels without a corresponding increase in the business.\nIn particular, Apple has surged 20% in six weeks after a so-so earnings report in October.\nWhile it's impossible to tell how far momentum will carry Apple, the value of the stock increasingly relies on highly speculative assumptions such as virtual reality and the Apple car.\nApple faces challenges in 2022 ranging from antitrust to supply chain to a softening American consumer.\nApple used to be my biggest holding, and I've never put an outright sell call on the stock, but now is the time.\n\n\n\nApple's Stock Has Come Unhinged From Its Business\nMany Seeking Alpha readers will consider saying this as the height of blasphemy, but Apple Inc. (AAPL) - the world's most valuable company and symbol of American capitalism - has become the subject of a speculative bubble. Apple's price is now far higher than its business fundamentals justify without resorting to overly optimistic projections of the future. Apple turned in a so-so earnings report in October, after which the stock surged to all-time highs. Additionally, this is only anecdotal, but the local Apple stores here in Texas haven't been quite as busy as I would expect before Christmas.\n\nSome observers have linked the surge in Apple to speculators buying short-dated call options in the stock, a behavior more commonly seen in meme stocks like GameStop (GME) and AMC Entertainment (AMC). This would make sense because the recent $500 billion surge in market cap doesn't when based on the reality on the ground. Apple now trades for over 30x earnings, with the analyst consensus earnings estimates expecting a peak this year or slow growth at best.\n\nAnalyst Predictions Are Increasingly Abstract\nIf the present numbers are so-so, why is Apple stock surging ahead of the profits the company is making? Recent analyst reports seem to love to emphasize the abstract, such as virtual reality, the \"metaverse\", and the prospect of an Apple car.\n\nVirtual reality is interesting, but as someone who has played around with the technology (I walked the plank), it was pretty fun, but it didn't change my life. Having a friend own one is as good as owning one yourself-a key contrast with iPhone. Take Meta (FB), the corporation formerly known as Facebook. Meta has sold about 10 million Oculus VR headsets. The sets start at $300, so I figure that at a 30% margin they made about a billion dollars from it. A billion dollars is a lot of money, but it's a lot less than $2.8 trillion (1/2800th to be exact of Apple's market cap). I would expect Apple to make a play in virtual reality, but I would not expect fireworks here from an earnings perspective.\nThe metaverse is another curiosity here. Silicon Valley has been crushed by whistleblowers as of late, so what better way to get the attention off of antitrust issues, employment issues, and societal issues than to put your smartest marketing people in a room for a couple of days until they come up with something you can launch a huge PR campaign with? Apple isn't the main driver of social problems coming out of Silicon Valley, but I would not have high expectations for the profit potential of the Metaverse- most of the use cases tossed around seem indistinguishable from using FaceTime.\nThere's a huge amount of interest in electric cars right now, so the best way to get some hype into a company (besides putting Bitcoin on your corporate balance sheet) is to generate speculation that you might produce an electric car. Apple has ample R&D resources, but to enter the car business for them makes about as much sense to me as starting an Apple Airline. The car business is notorious for being labor and capital-intensive and for having low margins. Apple could simply license a car, but are manufacturers going to be willing to shell out the royalties Apple wants, and is Apple comfortable dealing with potential brand issues if the car ends up having recalls or safety issues? I don't think the car business is a good fit for Apple's expertise in consumer electronics.\nApple's Challenges For 2022 And Beyond\n1. Whether earnings estimates are realistic without continued fiscal stimulus is an issue for the whole US economy, but a particularly thorny one for consumer-facing companies like Apple. Apple had its best year ever in 2021 as consumers were flush with cash from government stimulus. All of these concerns aren't specific to Apple, but they do affect the company.\n\n2. The central question for 2022 and beyond is whether Apple's pre-pandemic earnings in the $3 per share range or so are more indicative of long-term demand for Apple products, or whether the $5.67 per share that they earned in 2021 is the new normal. I believe the earnings estimates for the stock market at large are too high for 2022 in the absence of stimulus spending. (i.e., the typical American household made a ballpark of $60,000 post-tax in 2021, but $10,000 of this was directly or indirectly from the stimulus, such as the three rounds of checks, expanded unemployment, the student loan pause, etc.). As it turns out, if you give the typical American family an extra $10,000 to spend that they don't have to work for, statistically, many of these people will upgrade their iPhones. Going forward, consumers will only be able to spend what they actually earn. Apple has positive tailwinds from services revenue, but I don't think they can sustain iPhone sales at anywhere near the level they have achieved in 2021. I'd guess Apple earns somewhere between $4.50 and $5.00 in 2022.\n\n3. Apple cited the supply chain as a challenge in their last quarterly earnings conference call. I think the supply chain will be less of an issue in 2022 than it has been in 2021, but because consumer demand is lower in the face of falling inflation-adjusted wages and no more stimulus. This said, chip shortages will not help Apple's cause, and the longer they go on, the more it caps Apple's upside earnings.\n\n4. Apple's golden goose is services revenue. Increasingly, however, Apple is running up against antitrust laws. We've seen Apple cut App store fees recently under pressure from regulators, and we've seen Apple and Google (GOOG) get scrutiny for the $15 billion or so that Google will pay Apple this year for the right to be the default search engine. Apple makes more from their deal with Google than they likely ever will from the Metaverse. The risk is that regulators in the US or EU end up pushing back on this and cutting off the flow of money here. This deal is worth about 1/6th of Apple's net income for the year, and even more if iPhone sales slow.\n\n5. Apple's earnings per share growth has been driven in large part by buybacks. When Apple traded at a 10-12x PE throughout most of the 2010s, this allowed Apple to get huge returns on shares it bought back. With the PE ratio over 30x now, this strategy is only 1/3rd as effective, and dependent on the business to continue to outperform at levels that are historically very hard to achieve. I'd rather see Apple pay a dividend here.\n\n6. Believe it or not, Apple traded at a discount to the S&P 500 PE ratio for much of the 2010s. Now it trades for a large premium. I generally don't make market calls based on sentiment, but I think a PE ratio closer to the S&P 500 at large (20x or so) is more appropriate than a large premium. There's no particular reason the market will enforce this, but that's where I feel is correct based on Apple's underlying business. This would put the stock price around $100, and that's about where I would buy the stock.\n\n\nConclusion\nSince late 2019, Apple stock has been on an epic bull run. Had this run been fully reflected in the long-run success of the business, this wouldn't be too worrisome. But with Apple's valuation increasingly reaching exuberant levels while concerns about the sustainability of its earnings mount, Apple's stock has the dual problem of having earnings estimates that will be hard to live up to and having a high valuation on top of it. Formerly my largest holding, Apple looks like it's in a bubble here after its November gamma squeeze. Apple's business is going to have a very difficult time living up to the sky-high expectations for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152814662,"gmtCreate":1625280563156,"gmtModify":1703739889892,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":109,"repostSize":0,"link":"https://ttm.financial/post/152814662","repostId":"1175794606","repostType":4,"repost":{"id":"1175794606","kind":"news","pubTimestamp":1624677803,"share":"https://ttm.financial/m/news/1175794606?lang=&edition=fundamental","pubTime":"2021-06-26 11:23","market":"us","language":"en","title":"2 Catalysts That Will Drive Nvidia Stock Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1175794606","media":"InvestorPlace","summary":"ARM merger and AI will take NVDA stock to new highs in the future.As Nvidia finally completes the much-awaited stock split, the leader in the semiconductor industry has a lot working in its favor. If you missed out on the opportunity to buy NVDA stock and enjoy the 4-for-1 stock split, you can still invest in the company. When it comes to fundamentals, Nvidia is one of the best. It is the gold standard in GPU processing and has become a leader in the AI industry.The stock is up 95% over the last","content":"<p>ARM merger and AI will take NVDA stock to new highs in the future.</p>\n<p>As <b>Nvidia</b>(NASDAQ:<b>NVDA</b>) finally completes the much-awaited stock split, the leader in the semiconductor industry has a lot working in its favor. If you missed out on the opportunity to buy NVDA stock and enjoy the 4-for-1 stock split, you can still invest in the company. When it comes to fundamentals, Nvidia is one of the best. It is the gold standard in GPU processing and has become a leader in the AI industry.</p>\n<p>I have always been bullish on NVDA stock and had recommended a purchase before the stock split. The stock has enjoyed an excellent ride over the years.</p>\n<p>It has gone from $104 in April 2017 to $500 in October 2020 and is exchanging hands for $755 today. If you had made the purchase based on my June 9 recommendation at $700, you would be sitting on a chance to get four times shares.</p>\n<p>The stock is up 95% over the last year and 40% over the past six months. Looking at the strong position Nvidia holds in the industry, there is no stopping NVDA stock. Investors should be ready for massive gains in the coming years. With that in mind, let’s take a look at 2 catalysts driving NVDA stock higher.</p>\n<p><b>ARM Acquisition</b></p>\n<p>Nvidia had announced the acquisition of ARM for $40 billion in 2020. The deal has not been received positively in the semiconductor industry but if it goes through, Nvidia has an opportunity to become one of the most important companies with time. It needs approval from the U.K., U.S., European and Chinese regulators.</p>\n<p>This deal will allow Nvidia to advance in the field of computing and it will take the sales and revenue higher. The deal will be complete by March 2022 and once it does, there is no looking back for Nvidia. The company will be able to offer higher efficiency on its products with ARM architecture.</p>\n<p>At a recent conference of Six-Five Summit and CogX,Nvidia CEO Jensen Huang made a case for the merger which would combine the capacities of ARM with Nvidia’s AI capabilities and will lead to the creation of new ideas. The deal will open new business opportunities for Nvidia and will help the company create new products that will only increase its competitive advantage in the industry.</p>\n<p><b>Another step ahead with AI</b></p>\n<p>Nvidia is not new to AI and it is only moving forward with it. The company unveiled Nvidia AI LaunchPad, which is a program for enterprises and it will give access to NVIDIA-powered software and infrastructure to streamline the AI lifecycle.</p>\n<p>Equinix, a leader in digital infrastructure will be the first in the program and it will provide Nvidia-powered solutions on its platform. Nvidia is making it easy for enterprises to get access to AI and deploy it for the growth of their business.</p>\n<p>I strongly believe that AI will take Nvidia higher in the coming months and with each development and update, the company is only making its presence stronger in the industry.</p>\n<p><b>The bottom line on NVDA stock</b></p>\n<p>Once the ARM acquisition is complete, Nvidia could become one of the biggest tech companies today. However, the acquisition may take time but there is no doubting the potential of Nvidia.</p>\n<p>The company has strong fundamentals and enjoys a top position in the industry. There could be a dip in NVDA stock due to the stock split but it proves nothing about the fundamentals.</p>\n<p>Raymond James analyst Chris Caso raised the price target of NVDA stock to $900 with a Strong Buy rating. The analyst believes that the company is best positioned for growth in the long term.</p>\n<p>There is not one but many factors that will take NVDA stock higher and every dip is an opportunity to load up on the stock.</p>\n<p>NVDA stock is poised for long-term growth and is one stock to hold for the decade.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Catalysts That Will Drive Nvidia Stock Higher</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\">\n2 Catalysts That Will Drive Nvidia Stock Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 11:23 GMT+8 <a href=https://investorplace.com/2021/06/2-catalysts-that-will-drive-nvidia-stock-higher/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ARM merger and AI will take NVDA stock to new highs in the future.\nAs Nvidia(NASDAQ:NVDA) finally completes the much-awaited stock split, the leader in the semiconductor industry has a lot working in ...</p>\n\n<a href=\"https://investorplace.com/2021/06/2-catalysts-that-will-drive-nvidia-stock-higher/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://investorplace.com/2021/06/2-catalysts-that-will-drive-nvidia-stock-higher/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175794606","content_text":"ARM merger and AI will take NVDA stock to new highs in the future.\nAs Nvidia(NASDAQ:NVDA) finally completes the much-awaited stock split, the leader in the semiconductor industry has a lot working in its favor. If you missed out on the opportunity to buy NVDA stock and enjoy the 4-for-1 stock split, you can still invest in the company. When it comes to fundamentals, Nvidia is one of the best. It is the gold standard in GPU processing and has become a leader in the AI industry.\nI have always been bullish on NVDA stock and had recommended a purchase before the stock split. The stock has enjoyed an excellent ride over the years.\nIt has gone from $104 in April 2017 to $500 in October 2020 and is exchanging hands for $755 today. If you had made the purchase based on my June 9 recommendation at $700, you would be sitting on a chance to get four times shares.\nThe stock is up 95% over the last year and 40% over the past six months. Looking at the strong position Nvidia holds in the industry, there is no stopping NVDA stock. Investors should be ready for massive gains in the coming years. With that in mind, let’s take a look at 2 catalysts driving NVDA stock higher.\nARM Acquisition\nNvidia had announced the acquisition of ARM for $40 billion in 2020. The deal has not been received positively in the semiconductor industry but if it goes through, Nvidia has an opportunity to become one of the most important companies with time. It needs approval from the U.K., U.S., European and Chinese regulators.\nThis deal will allow Nvidia to advance in the field of computing and it will take the sales and revenue higher. The deal will be complete by March 2022 and once it does, there is no looking back for Nvidia. The company will be able to offer higher efficiency on its products with ARM architecture.\nAt a recent conference of Six-Five Summit and CogX,Nvidia CEO Jensen Huang made a case for the merger which would combine the capacities of ARM with Nvidia’s AI capabilities and will lead to the creation of new ideas. The deal will open new business opportunities for Nvidia and will help the company create new products that will only increase its competitive advantage in the industry.\nAnother step ahead with AI\nNvidia is not new to AI and it is only moving forward with it. The company unveiled Nvidia AI LaunchPad, which is a program for enterprises and it will give access to NVIDIA-powered software and infrastructure to streamline the AI lifecycle.\nEquinix, a leader in digital infrastructure will be the first in the program and it will provide Nvidia-powered solutions on its platform. Nvidia is making it easy for enterprises to get access to AI and deploy it for the growth of their business.\nI strongly believe that AI will take Nvidia higher in the coming months and with each development and update, the company is only making its presence stronger in the industry.\nThe bottom line on NVDA stock\nOnce the ARM acquisition is complete, Nvidia could become one of the biggest tech companies today. However, the acquisition may take time but there is no doubting the potential of Nvidia.\nThe company has strong fundamentals and enjoys a top position in the industry. There could be a dip in NVDA stock due to the stock split but it proves nothing about the fundamentals.\nRaymond James analyst Chris Caso raised the price target of NVDA stock to $900 with a Strong Buy rating. The analyst believes that the company is best positioned for growth in the long term.\nThere is not one but many factors that will take NVDA stock higher and every dip is an opportunity to load up on the stock.\nNVDA stock is poised for long-term growth and is one stock to hold for the decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125569135,"gmtCreate":1624680618827,"gmtModify":1703843524773,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":109,"repostSize":1,"link":"https://ttm.financial/post/125569135","repostId":"1108941456","repostType":4,"repost":{"id":"1108941456","kind":"news","pubTimestamp":1624664800,"share":"https://ttm.financial/m/news/1108941456?lang=&edition=fundamental","pubTime":"2021-06-26 07:46","market":"us","language":"en","title":"Is Apple A Better Buy Than Other FAANG Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=1108941456","media":"seekingalpha","summary":"Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.At 26-64x this year's expected net profi","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.</li>\n <li>Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.</li>\n <li>I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8bb49d385ec6d3044db2f4474cbb2c57\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>MagioreStock/iStock Editorial via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Going with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.</p>\n<p><b>Are FAANG Stocks A Good Investment?</b></p>\n<p>Looking back a couple of years, the answer is pretty clear that FAANG stocks at least<i>were</i>a good investment in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae2b8e2b9caf99f74c28bafc10a0a872\" tg-width=\"635\" tg-height=\"484\"><span>Data by YCharts</span></p>\n<p>With gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.</p>\n<p>These factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ef865eea7af4369048432a9c85d1d83\" tg-width=\"635\" tg-height=\"540\"><span>Data by YCharts</span></p>\n<p>At 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.</p>\n<p><b>What Investors Can Expect From Apple</b></p>\n<p>Apple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.</p>\n<p><b>Apple Versus Facebook</b></p>\n<p>Both Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fd8043ca75dcb2c38f5ffa427c8c0b9\" tg-width=\"635\" tg-height=\"433\"><span>Data by YCharts</span></p>\n<p>Facebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3d49e0007aa77608b2992a9fef2142d\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>The fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b16c9b3e2eac182d42686bcd8a98fc5\" tg-width=\"635\" tg-height=\"515\"><span>Data by YCharts</span></p>\n<p>While Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.</p>\n<p>To sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.</p>\n<p><b>Apple Versus Alphabet</b></p>\n<p>When we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6360514d097081c546a0ccacfbdc7af6\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Alphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.</p>\n<p>Nevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhat<i>smaller</i>net cash position of $80 billion, although that still makes for a very strong balance sheet, of course.</p>\n<p>All in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.</p>\n<p><b>Apple Versus Netflix And Amazon</b></p>\n<p>Looking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.</p>\n<p>This huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ccc2536fa3cadf06639a89e0b211b9a\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>AMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.</p>\n<p>Netflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d84f013051fbb00b6b488f5cfed66d4\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Netflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.</p>\n<p>Amazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.</p>\n<p><b>Which Is The Best FAANG Stock To Buy?</b></p>\n<p>Not every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.</p>\n<p>Alphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.</p>\n<p>Depending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple A Better Buy Than Other FAANG Stocks?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple A Better Buy Than Other FAANG Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 07:46 GMT+8 <a href=https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108941456","content_text":"Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.\nI believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.\n\nMagioreStock/iStock Editorial via Getty Images\nArticle Thesis\nGoing with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.\nAre FAANG Stocks A Good Investment?\nLooking back a couple of years, the answer is pretty clear that FAANG stocks at leastwerea good investment in the recent past:\nData by YCharts\nWith gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.\nThese factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:\nData by YCharts\nAt 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.\nWhat Investors Can Expect From Apple\nApple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.\nApple Versus Facebook\nBoth Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:\nData by YCharts\nFacebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:\nData by YCharts\nThe fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:\nData by YCharts\nWhile Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.\nTo sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.\nApple Versus Alphabet\nWhen we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.\nData by YCharts\nAlphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.\nNevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhatsmallernet cash position of $80 billion, although that still makes for a very strong balance sheet, of course.\nAll in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.\nApple Versus Netflix And Amazon\nLooking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.\nThis huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:\nData by YCharts\nAMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.\nNetflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:\nData by YCharts\nNetflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.\nAmazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.\nWhich Is The Best FAANG Stock To Buy?\nNot every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.\nAlphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.\nDepending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!","news_type":1},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":125569135,"gmtCreate":1624680618827,"gmtModify":1703843524773,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":109,"repostSize":1,"link":"https://ttm.financial/post/125569135","repostId":"1108941456","repostType":4,"repost":{"id":"1108941456","kind":"news","pubTimestamp":1624664800,"share":"https://ttm.financial/m/news/1108941456?lang=&edition=fundamental","pubTime":"2021-06-26 07:46","market":"us","language":"en","title":"Is Apple A Better Buy Than Other FAANG Stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=1108941456","media":"seekingalpha","summary":"Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.At 26-64x this year's expected net profi","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.</li>\n <li>Being a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.</li>\n <li>I believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8bb49d385ec6d3044db2f4474cbb2c57\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>MagioreStock/iStock Editorial via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Going with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.</p>\n<p><b>Are FAANG Stocks A Good Investment?</b></p>\n<p>Looking back a couple of years, the answer is pretty clear that FAANG stocks at least<i>were</i>a good investment in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae2b8e2b9caf99f74c28bafc10a0a872\" tg-width=\"635\" tg-height=\"484\"><span>Data by YCharts</span></p>\n<p>With gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.</p>\n<p>These factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ef865eea7af4369048432a9c85d1d83\" tg-width=\"635\" tg-height=\"540\"><span>Data by YCharts</span></p>\n<p>At 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.</p>\n<p><b>What Investors Can Expect From Apple</b></p>\n<p>Apple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.</p>\n<p><b>Apple Versus Facebook</b></p>\n<p>Both Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fd8043ca75dcb2c38f5ffa427c8c0b9\" tg-width=\"635\" tg-height=\"433\"><span>Data by YCharts</span></p>\n<p>Facebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3d49e0007aa77608b2992a9fef2142d\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>The fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b16c9b3e2eac182d42686bcd8a98fc5\" tg-width=\"635\" tg-height=\"515\"><span>Data by YCharts</span></p>\n<p>While Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.</p>\n<p>To sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.</p>\n<p><b>Apple Versus Alphabet</b></p>\n<p>When we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6360514d097081c546a0ccacfbdc7af6\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Alphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.</p>\n<p>Nevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhat<i>smaller</i>net cash position of $80 billion, although that still makes for a very strong balance sheet, of course.</p>\n<p>All in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.</p>\n<p><b>Apple Versus Netflix And Amazon</b></p>\n<p>Looking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.</p>\n<p>This huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ccc2536fa3cadf06639a89e0b211b9a\" tg-width=\"635\" tg-height=\"481\"><span>Data by YCharts</span></p>\n<p>AMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.</p>\n<p>Netflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d84f013051fbb00b6b488f5cfed66d4\" tg-width=\"635\" tg-height=\"450\"><span>Data by YCharts</span></p>\n<p>Netflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.</p>\n<p>Amazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.</p>\n<p><b>Which Is The Best FAANG Stock To Buy?</b></p>\n<p>Not every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.</p>\n<p>Alphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.</p>\n<p>Depending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple A Better Buy Than Other FAANG Stocks?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple A Better Buy Than Other FAANG Stocks?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 07:46 GMT+8 <a href=https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4436558-apple-better-buy-faang-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108941456","content_text":"Summary\n\nApple undoubtedly is a great company, with a strong brand, excellent margins, and fundamentals, a fortress balance sheet, and massive shareholder returns.\nBeing a great company does not mean that the stock must be a great buy. However, valuations are significantly higher than they were historically.\nI believe that some of the other FAANG stocks are better, while others are worse. AAPL seems like a solid, but not a spectacular investment at today's valuation.\n\nMagioreStock/iStock Editorial via Getty Images\nArticle Thesis\nGoing with FAANG stocks, i.e. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG)(GOOGL), has been a winning trade in recent years, as those companies delivered strong gains for their owners. These companies do, however, differ quite a lot from each other in a range of metrics, including growth, valuation, and there are also differences when it comes to each company's specific risks and moat. Apple is the largest company of these in terms of profits and market capitalization, but that does not necessarily make it the best investment. In this report, we will take a look at how Apple compares versus the other FAANG members.\nAre FAANG Stocks A Good Investment?\nLooking back a couple of years, the answer is pretty clear that FAANG stocks at leastwerea good investment in the recent past:\nData by YCharts\nWith gains of 200% to 460%, these five companies easily trounced the broad market's returns over the same time, and all led to hefty gains, at least tripling an investor's money in just five years. The factors that led to these strong gains do, at least partially, still exist today. Notably, these five companies are generating compelling earnings growth, have leadership positions in the markets they address, possess strong brands that are well-received by consumers, and seem to have strong, long-term-oriented leadership teams.\nThese factors are still in place today, which indicates that FAANG stocks could also be good investments in coming years, although investors should, even with high-quality companies, also consider a stock's valuation. Today, these companies do not look extremely cheap in most cases:\nData by YCharts\nAt 26-64x this year's expected net profits, FAANG stocks can't really be called bargains, although the above-average valuations are, at least to some degree, justified due to the above-average earnings growth that these companies do generate. In any case, I doubt that investors owning FAANG stocks today will see 200%-400%+ returns over the next five years, as this seems unlikely for each of these five stocks due to the combination of current valuations and expected earnings growth. This does, however, not mean that FAANG stocks must be bad investments or underperform the market. In fact, in recent articles, I showcased that solid or even quite attractive returns can be expected from Facebook,Amazon, and Apple, even though the 30%-50% annual returns are likely a thing of the past - that's just mathematics, as no stock can grow at that rate forever.\nWhat Investors Can Expect From Apple\nApple Inc. is not the highest-growth FAANG stock at all. Its growth has been solid but not spectacular in the recent past. This isn't a large surprise, as there is only a certain number of consumers that want to buy an iPhone or an iPad, and that amount can't grow by 50% a year for a very long time. Nevertheless, due to some market growth, some price increases, and growth from its services business, Apple should still be able to deliver sizeable revenue growth in the long run. New products such as the car project are a potential wildcard, but at least for the foreseeable future, this will not be a major profit center for the company. Apple also has a very ambitious shareholder return program, and its buybacks are an important factor for its future earnings per share growth. I believe that, overall, a high-single-digit earnings per share growth rate will be very much achievable for Apple in the long run. Combined with some multiple depression that I expect in coming years, as Apple will likely not trade at a high-20s earnings multiple forever, this gets me to a total return estimate in the 7% range. This is significantly less compared to what investors saw over the last couple of years, but on the other hand, 7% annual returns stemming from a strong, stable blue-chip stock such as Apple are not unattractive. I believe that some of the FAANG stocks could deliver stronger returns, primarily Alphabet and Facebook.\nApple Versus Facebook\nBoth Apple Inc. and Facebook have a great market position, but Facebook is even more dominant in its industry compared to Apple. Apple has, in the smartphone industry, a market share of around 20%, although more in the higher-end segments. Facebook, for comparison, owns four out of the top five social media networks, with Facebook, Instagram, Facebook Messenger, and WhatsApp. Clearly, FB absolutely dominates its industry. Facebook's industry is also growing quicker than the hardware IT markets that Apple serves, which is why Facebook's growth was significantly higher than Apple's growth in the recent past:\nData by YCharts\nFacebook grew its revenue by well above 300% over the last five years, while Apple's revenue grew by a little less than 50%. When we look back at the total return chart at the beginning of this article and compare it to this revenue chart, we see that Apple's returns stemmed from multiple expansion to a large degree, whereas Facebook's stock actually got less expensive over the last five years. Facebook's business growth clearly outpaced its share price gains, which has made its shares less expensive. This also explains why Facebook, today, trades below the long-term median earnings multiple, whereas Apple's valuation is at the higher end of the historic range:\nData by YCharts\nThe fact that Facebook trades at a historic discount points to a solid entry price, whereas the same can't be said about Apple. On top of that, Facebook will also grow much faster in the future - at least if the analyst community is correct:\nData by YCharts\nWhile Apple is expected to see revenue growth of around 10% over the next two years, Facebook is expected to grow by 40% over the same time. Facebook's earnings per share growth estimate is also materially higher than that of Apple.\nTo sum things up, we can say that Facebook is growing much faster, is even more dominant in its industry compared to Apple, and its shares are trading at a discount compared to the historic average, whereas Apple's shares are historically expensive. This combination makes me believe that the total return outlook for Facebook is better compared to that of Apple.\nApple Versus Alphabet\nWhen we compare Apple to Alphabet, the comparison is relatively similar to what we just saw when comparing Applet to Facebook. Alphabet is a company that is growing quicker than Apple, and that can, to a large degree, be explained by its great market position and the higher market growth rate. Online advertising is a market that has been growing quicker than the tablet or smartphone market in recent years, and the same will, I believe, be true in the foreseeable future as well.\nData by YCharts\nAlphabet is forecasted to grow its revenue by more than 30% over the next two years, versus Apple's 10% growth. On top of that, at close to 20%, Alphabet is also expected to grow its earnings per share at a higher rate.\nNevertheless, despite its significantly better growth forecast, Alphabet isn't a lot more expensive compared to Apple. GOOG trades at 29x forward earnings, versus AAPL's 26x forward earnings multiple. Does it make sense for GOOG to trade at a premium of just 10%, while its expected growth is one and a half times as high as that of AAPL? You be the judge, but to me, it seems like the valuation looks better at Alphabet as long as we account for the stronger growth expectations. On top of that, with a net cash position of around $120 billion, Alphabet also has one of the best balance sheets in the world. Apple, for comparison, has a somewhatsmallernet cash position of $80 billion, although that still makes for a very strong balance sheet, of course.\nAll in all, we can summarize that Alphabet is growing faster today, is expected to grow significantly faster in the next two years and in the long run, has an even better balance sheet and a more dominant market position, and yet it trades at an earnings multiple that is only 10% higher than that of Apple. To me, Alphabet thus looks like the more attractive pick among these two at current prices.\nApple Versus Netflix And Amazon\nLooking at the last two remaining companies in the FAANG group, we see that, once again, AAPL is growing at a slower pace. Unless Facebook and Alphabet, however, both Netflix and Amazon are way more expensive than Apple.\nThis huge valuation premium offsets, at least to some degree, the higher expected growth, which is why I believe that Netflix and Amazon do not really seem like much better picks compared to Apple:\nData by YCharts\nAMZN and NFLX trade at PEG ratios of 1.8 and 1.9, which does not represent a clear discount compared to AAPL's valuation. On top of that, these two companies do not possess balance sheets that are as strong as that of Apple.\nNetflix, especially, looks significantly worse compared to the other FAANG members in terms of balance sheet strength and cash generation:\nData by YCharts\nNetflix is the only FAANG member with a meaningful net debt position, and its free cash flows are equal to just 1% of its market capitalization. Netflix grows fast, but to me, it seems doubtful whether the current valuation is justified. Considering that more and more companies are pushing into the streaming market, including Disney (DIS), Amazon, and AT&T(NYSE:T), more competition might hurt Netflix's margins in the future. NFLX thus seems like the worst pick among the five FAANG stocks to me, as it combines a high valuation, weak cash flows, and a somewhat uncertain competitive picture, and I think that is not fully negated by its strong growth alone.\nAmazon has a better market position than Netflix, a better balance sheet, and its valuation, relative to its growth, is a little lower than that of Netflix. I would rate Amazon as more or less equally attractive to Apple, although the two companies are quite different from each other in terms of growth, valuation, and shareholder returns.\nWhich Is The Best FAANG Stock To Buy?\nNot every investor has the same goals, thus the answer may be different depending on what you are looking for in a stock. To me, Apple seems like a solid, but outstanding pick at current prices - the business undoubtedly is strong, the balance sheet is great, shareholder returns are hefty, but the valuation seems stretched, especially when we consider how cheap shares were in the past.\nAlphabet and Facebook do seem like the best FAANG picks to me today, as they combine strong growth with valuations that are only marginally higher than that of Apple. On top of that, both Alphabet and Facebook dominate their markets. Amazon is a stock that I would rate as a solid investment at today's price, so more or less in line with AAPL, whereas Netflix seems like the weakest pick among these five to me.\nDepending on your time horizon, appetite for risk, etc. you may disagree, however - and that's perfectly fine. I'd be glad to hear your top picks and reasoning in the comment section!","news_type":1},"isVote":1,"tweetType":1,"viewCount":489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9000021186,"gmtCreate":1639613279246,"gmtModify":1676533491297,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"🥶","listText":"🥶","text":"🥶","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":109,"repostSize":0,"link":"https://ttm.financial/post/9000021186","repostId":"1131877933","repostType":2,"repost":{"id":"1131877933","kind":"news","pubTimestamp":1639613067,"share":"https://ttm.financial/m/news/1131877933?lang=&edition=fundamental","pubTime":"2021-12-16 08:04","market":"us","language":"en","title":"Apple Stock Is Now A Bubble","url":"https://stock-news.laohu8.com/highlight/detail?id=1131877933","media":"seekingalpha","summary":"Summary\n\nApple's stock has reached unprecedented levels without a corresponding increase in the busi","content":"<p>Summary</p>\n<ul>\n <li>Apple's stock has reached unprecedented levels without a corresponding increase in the business.</li>\n <li>In particular, Apple has surged 20% in six weeks after a so-so earnings report in October.</li>\n <li>While it's impossible to tell how far momentum will carry Apple, the value of the stock increasingly relies on highly speculative assumptions such as virtual reality and the Apple car.</li>\n <li>Apple faces challenges in 2022 ranging from antitrust to supply chain to a softening American consumer.</li>\n <li>Apple used to be my biggest holding, and I've never put an outright sell call on the stock, but now is the time.</li>\n</ul>\n<p></p>\n<p></p>\n<p><b>Apple's Stock Has Come Unhinged From Its Business</b></p>\n<p>Many Seeking Alpha readers will consider saying this as the height of blasphemy, but Apple Inc. (AAPL) - the world's most valuable company and symbol of American capitalism - has become the subject of a speculative bubble. Apple's price is now far higher than its business fundamentals justify without resorting to overly optimistic projections of the future. Apple turned in a so-so earnings report in October, after which the stock surged to all-time highs. Additionally, this is only anecdotal, but the local Apple stores here in Texas haven't been quite as busy as I would expect before Christmas.</p>\n<p></p>\n<p>Some observers have linked the surge in Apple to speculators buying short-dated call options in the stock, a behavior more commonly seen in meme stocks like GameStop (GME) and AMC Entertainment (AMC). This would make sense because the recent $500 billion surge in market cap doesn't when based on the reality on the ground. Apple now trades for over 30x earnings, with the analyst consensus earnings estimates expecting a peak this year or slow growth at best.</p>\n<p></p>\n<p><b>Analyst Predictions Are Increasingly Abstract</b></p>\n<p>If the present numbers are so-so, why is Apple stock surging ahead of the profits the company is making? Recent analyst reports seem to love to emphasize the abstract, such as virtual reality, the \"metaverse\", and the prospect of an Apple car.</p>\n<p></p>\n<p>Virtual reality is interesting, but as someone who has played around with the technology (I walked the plank), it was pretty fun, but it didn't change my life. Having a friend own one is as good as owning one yourself-a key contrast with iPhone. Take Meta (FB), the corporation formerly known as Facebook. Meta has sold about 10 million Oculus VR headsets. The sets start at $300, so I figure that at a 30% margin they made about a billion dollars from it. A billion dollars is a lot of money, but it's a lot less than $2.8 trillion (1/2800th to be exact of Apple's market cap). I would expect Apple to make a play in virtual reality, but I would not expect fireworks here from an earnings perspective.</p>\n<p>The metaverse is another curiosity here. Silicon Valley has been crushed by whistleblowers as of late, so what better way to get the attention off of antitrust issues, employment issues, and societal issues than to put your smartest marketing people in a room for a couple of days until they come up with something you can launch a huge PR campaign with? Apple isn't the main driver of social problems coming out of Silicon Valley, but I would not have high expectations for the profit potential of the Metaverse- most of the use cases tossed around seem indistinguishable from using FaceTime.</p>\n<p>There's a huge amount of interest in electric cars right now, so the best way to get some hype into a company (besides putting Bitcoin on your corporate balance sheet) is to generate speculation that you might produce an electric car. Apple has ample R&D resources, but to enter the car business for them makes about as much sense to me as starting an Apple Airline. The car business is notorious for being labor and capital-intensive and for having low margins. Apple could simply license a car, but are manufacturers going to be willing to shell out the royalties Apple wants, and is Apple comfortable dealing with potential brand issues if the car ends up having recalls or safety issues? I don't think the car business is a good fit for Apple's expertise in consumer electronics.</p>\n<p><b>Apple's Challenges For 2022 And Beyond</b></p>\n<p>1. Whether earnings estimates are realistic without continued fiscal stimulus is an issue for the whole US economy, but a particularly thorny one for consumer-facing companies like Apple. Apple had its best year ever in 2021 as consumers were flush with cash from government stimulus. All of these concerns aren't specific to Apple, but they do affect the company.</p>\n<p></p>\n<p>2. The central question for 2022 and beyond is whether Apple's pre-pandemic earnings in the $3 per share range or so are more indicative of long-term demand for Apple products, or whether the $5.67 per share that they earned in 2021 is the new normal. I believe the earnings estimates for the stock market at large are too high for 2022 in the absence of stimulus spending. (i.e., the typical American household made a ballpark of $60,000 post-tax in 2021, but $10,000 of this was directly or indirectly from the stimulus, such as the three rounds of checks, expanded unemployment, the student loan pause, etc.). As it turns out, if you give the typical American family an extra $10,000 to spend that they don't have to work for, statistically, many of these people will upgrade their iPhones. Going forward, consumers will only be able to spend what they actually earn. Apple has positive tailwinds from services revenue, but I don't think they can sustain iPhone sales at anywhere near the level they have achieved in 2021. I'd guess Apple earns somewhere between $4.50 and $5.00 in 2022.</p>\n<p></p>\n<p>3. Apple cited the supply chain as a challenge in their last quarterly earnings conference call. I think the supply chain will be less of an issue in 2022 than it has been in 2021, but because consumer demand is lower in the face of falling inflation-adjusted wages and no more stimulus. This said, chip shortages will not help Apple's cause, and the longer they go on, the more it caps Apple's upside earnings.</p>\n<p></p>\n<p>4. Apple's golden goose is services revenue. Increasingly, however, Apple is running up against antitrust laws. We've seen Apple cut App store fees recently under pressure from regulators, and we've seen Apple and Google (GOOG) get scrutiny for the $15 billion or so that Google will pay Apple this year for the right to be the default search engine. Apple makes more from their deal with Google than they likely ever will from the Metaverse. The risk is that regulators in the US or EU end up pushing back on this and cutting off the flow of money here. This deal is worth about 1/6th of Apple's net income for the year, and even more if iPhone sales slow.</p>\n<p></p>\n<p>5. Apple's earnings per share growth has been driven in large part by buybacks. When Apple traded at a 10-12x PE throughout most of the 2010s, this allowed Apple to get huge returns on shares it bought back. With the PE ratio over 30x now, this strategy is only 1/3rd as effective, and dependent on the business to continue to outperform at levels that are historically very hard to achieve. I'd rather see Apple pay a dividend here.</p>\n<p></p>\n<p>6. Believe it or not, Apple traded at a discount to the S&P 500 PE ratio for much of the 2010s. Now it trades for a large premium. I generally don't make market calls based on sentiment, but I think a PE ratio closer to the S&P 500 at large (20x or so) is more appropriate than a large premium. There's no particular reason the market will enforce this, but that's where I feel is correct based on Apple's underlying business. This would put the stock price around $100, and that's about where I would buy the stock.</p>\n<p></p>\n<p></p>\n<p><b>Conclusion</b></p>\n<p>Since late 2019, Apple stock has been on an epic bull run. Had this run been fully reflected in the long-run success of the business, this wouldn't be too worrisome. But with Apple's valuation increasingly reaching exuberant levels while concerns about the sustainability of its earnings mount, Apple's stock has the dual problem of having earnings estimates that will be hard to live up to and having a high valuation on top of it. Formerly my largest holding, Apple looks like it's in a bubble here after its November gamma squeeze. Apple's business is going to have a very difficult time living up to the sky-high expectations for the stock.</p>","source":"lsy1638401102509","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 Stock Is Now A Bubble</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 Stock Is Now A Bubble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 08:04 GMT+8 <a href=https://seekingalpha.com/article/4475237-apple-stock-is-now-a-bubble><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple's stock has reached unprecedented levels without a corresponding increase in the business.\nIn particular, Apple has surged 20% in six weeks after a so-so earnings report in October.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4475237-apple-stock-is-now-a-bubble\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4475237-apple-stock-is-now-a-bubble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131877933","content_text":"Summary\n\nApple's stock has reached unprecedented levels without a corresponding increase in the business.\nIn particular, Apple has surged 20% in six weeks after a so-so earnings report in October.\nWhile it's impossible to tell how far momentum will carry Apple, the value of the stock increasingly relies on highly speculative assumptions such as virtual reality and the Apple car.\nApple faces challenges in 2022 ranging from antitrust to supply chain to a softening American consumer.\nApple used to be my biggest holding, and I've never put an outright sell call on the stock, but now is the time.\n\n\n\nApple's Stock Has Come Unhinged From Its Business\nMany Seeking Alpha readers will consider saying this as the height of blasphemy, but Apple Inc. (AAPL) - the world's most valuable company and symbol of American capitalism - has become the subject of a speculative bubble. Apple's price is now far higher than its business fundamentals justify without resorting to overly optimistic projections of the future. Apple turned in a so-so earnings report in October, after which the stock surged to all-time highs. Additionally, this is only anecdotal, but the local Apple stores here in Texas haven't been quite as busy as I would expect before Christmas.\n\nSome observers have linked the surge in Apple to speculators buying short-dated call options in the stock, a behavior more commonly seen in meme stocks like GameStop (GME) and AMC Entertainment (AMC). This would make sense because the recent $500 billion surge in market cap doesn't when based on the reality on the ground. Apple now trades for over 30x earnings, with the analyst consensus earnings estimates expecting a peak this year or slow growth at best.\n\nAnalyst Predictions Are Increasingly Abstract\nIf the present numbers are so-so, why is Apple stock surging ahead of the profits the company is making? Recent analyst reports seem to love to emphasize the abstract, such as virtual reality, the \"metaverse\", and the prospect of an Apple car.\n\nVirtual reality is interesting, but as someone who has played around with the technology (I walked the plank), it was pretty fun, but it didn't change my life. Having a friend own one is as good as owning one yourself-a key contrast with iPhone. Take Meta (FB), the corporation formerly known as Facebook. Meta has sold about 10 million Oculus VR headsets. The sets start at $300, so I figure that at a 30% margin they made about a billion dollars from it. A billion dollars is a lot of money, but it's a lot less than $2.8 trillion (1/2800th to be exact of Apple's market cap). I would expect Apple to make a play in virtual reality, but I would not expect fireworks here from an earnings perspective.\nThe metaverse is another curiosity here. Silicon Valley has been crushed by whistleblowers as of late, so what better way to get the attention off of antitrust issues, employment issues, and societal issues than to put your smartest marketing people in a room for a couple of days until they come up with something you can launch a huge PR campaign with? Apple isn't the main driver of social problems coming out of Silicon Valley, but I would not have high expectations for the profit potential of the Metaverse- most of the use cases tossed around seem indistinguishable from using FaceTime.\nThere's a huge amount of interest in electric cars right now, so the best way to get some hype into a company (besides putting Bitcoin on your corporate balance sheet) is to generate speculation that you might produce an electric car. Apple has ample R&D resources, but to enter the car business for them makes about as much sense to me as starting an Apple Airline. The car business is notorious for being labor and capital-intensive and for having low margins. Apple could simply license a car, but are manufacturers going to be willing to shell out the royalties Apple wants, and is Apple comfortable dealing with potential brand issues if the car ends up having recalls or safety issues? I don't think the car business is a good fit for Apple's expertise in consumer electronics.\nApple's Challenges For 2022 And Beyond\n1. Whether earnings estimates are realistic without continued fiscal stimulus is an issue for the whole US economy, but a particularly thorny one for consumer-facing companies like Apple. Apple had its best year ever in 2021 as consumers were flush with cash from government stimulus. All of these concerns aren't specific to Apple, but they do affect the company.\n\n2. The central question for 2022 and beyond is whether Apple's pre-pandemic earnings in the $3 per share range or so are more indicative of long-term demand for Apple products, or whether the $5.67 per share that they earned in 2021 is the new normal. I believe the earnings estimates for the stock market at large are too high for 2022 in the absence of stimulus spending. (i.e., the typical American household made a ballpark of $60,000 post-tax in 2021, but $10,000 of this was directly or indirectly from the stimulus, such as the three rounds of checks, expanded unemployment, the student loan pause, etc.). As it turns out, if you give the typical American family an extra $10,000 to spend that they don't have to work for, statistically, many of these people will upgrade their iPhones. Going forward, consumers will only be able to spend what they actually earn. Apple has positive tailwinds from services revenue, but I don't think they can sustain iPhone sales at anywhere near the level they have achieved in 2021. I'd guess Apple earns somewhere between $4.50 and $5.00 in 2022.\n\n3. Apple cited the supply chain as a challenge in their last quarterly earnings conference call. I think the supply chain will be less of an issue in 2022 than it has been in 2021, but because consumer demand is lower in the face of falling inflation-adjusted wages and no more stimulus. This said, chip shortages will not help Apple's cause, and the longer they go on, the more it caps Apple's upside earnings.\n\n4. Apple's golden goose is services revenue. Increasingly, however, Apple is running up against antitrust laws. We've seen Apple cut App store fees recently under pressure from regulators, and we've seen Apple and Google (GOOG) get scrutiny for the $15 billion or so that Google will pay Apple this year for the right to be the default search engine. Apple makes more from their deal with Google than they likely ever will from the Metaverse. The risk is that regulators in the US or EU end up pushing back on this and cutting off the flow of money here. This deal is worth about 1/6th of Apple's net income for the year, and even more if iPhone sales slow.\n\n5. Apple's earnings per share growth has been driven in large part by buybacks. When Apple traded at a 10-12x PE throughout most of the 2010s, this allowed Apple to get huge returns on shares it bought back. With the PE ratio over 30x now, this strategy is only 1/3rd as effective, and dependent on the business to continue to outperform at levels that are historically very hard to achieve. I'd rather see Apple pay a dividend here.\n\n6. Believe it or not, Apple traded at a discount to the S&P 500 PE ratio for much of the 2010s. Now it trades for a large premium. I generally don't make market calls based on sentiment, but I think a PE ratio closer to the S&P 500 at large (20x or so) is more appropriate than a large premium. There's no particular reason the market will enforce this, but that's where I feel is correct based on Apple's underlying business. This would put the stock price around $100, and that's about where I would buy the stock.\n\n\nConclusion\nSince late 2019, Apple stock has been on an epic bull run. Had this run been fully reflected in the long-run success of the business, this wouldn't be too worrisome. But with Apple's valuation increasingly reaching exuberant levels while concerns about the sustainability of its earnings mount, Apple's stock has the dual problem of having earnings estimates that will be hard to live up to and having a high valuation on top of it. Formerly my largest holding, Apple looks like it's in a bubble here after its November gamma squeeze. Apple's business is going to have a very difficult time living up to the sky-high expectations for the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152814662,"gmtCreate":1625280563156,"gmtModify":1703739889892,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":109,"repostSize":0,"link":"https://ttm.financial/post/152814662","repostId":"1175794606","repostType":4,"repost":{"id":"1175794606","kind":"news","pubTimestamp":1624677803,"share":"https://ttm.financial/m/news/1175794606?lang=&edition=fundamental","pubTime":"2021-06-26 11:23","market":"us","language":"en","title":"2 Catalysts That Will Drive Nvidia Stock Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1175794606","media":"InvestorPlace","summary":"ARM merger and AI will take NVDA stock to new highs in the future.As Nvidia finally completes the much-awaited stock split, the leader in the semiconductor industry has a lot working in its favor. If you missed out on the opportunity to buy NVDA stock and enjoy the 4-for-1 stock split, you can still invest in the company. When it comes to fundamentals, Nvidia is one of the best. It is the gold standard in GPU processing and has become a leader in the AI industry.The stock is up 95% over the last","content":"<p>ARM merger and AI will take NVDA stock to new highs in the future.</p>\n<p>As <b>Nvidia</b>(NASDAQ:<b>NVDA</b>) finally completes the much-awaited stock split, the leader in the semiconductor industry has a lot working in its favor. If you missed out on the opportunity to buy NVDA stock and enjoy the 4-for-1 stock split, you can still invest in the company. When it comes to fundamentals, Nvidia is one of the best. It is the gold standard in GPU processing and has become a leader in the AI industry.</p>\n<p>I have always been bullish on NVDA stock and had recommended a purchase before the stock split. The stock has enjoyed an excellent ride over the years.</p>\n<p>It has gone from $104 in April 2017 to $500 in October 2020 and is exchanging hands for $755 today. If you had made the purchase based on my June 9 recommendation at $700, you would be sitting on a chance to get four times shares.</p>\n<p>The stock is up 95% over the last year and 40% over the past six months. Looking at the strong position Nvidia holds in the industry, there is no stopping NVDA stock. Investors should be ready for massive gains in the coming years. With that in mind, let’s take a look at 2 catalysts driving NVDA stock higher.</p>\n<p><b>ARM Acquisition</b></p>\n<p>Nvidia had announced the acquisition of ARM for $40 billion in 2020. The deal has not been received positively in the semiconductor industry but if it goes through, Nvidia has an opportunity to become one of the most important companies with time. It needs approval from the U.K., U.S., European and Chinese regulators.</p>\n<p>This deal will allow Nvidia to advance in the field of computing and it will take the sales and revenue higher. The deal will be complete by March 2022 and once it does, there is no looking back for Nvidia. The company will be able to offer higher efficiency on its products with ARM architecture.</p>\n<p>At a recent conference of Six-Five Summit and CogX,Nvidia CEO Jensen Huang made a case for the merger which would combine the capacities of ARM with Nvidia’s AI capabilities and will lead to the creation of new ideas. The deal will open new business opportunities for Nvidia and will help the company create new products that will only increase its competitive advantage in the industry.</p>\n<p><b>Another step ahead with AI</b></p>\n<p>Nvidia is not new to AI and it is only moving forward with it. The company unveiled Nvidia AI LaunchPad, which is a program for enterprises and it will give access to NVIDIA-powered software and infrastructure to streamline the AI lifecycle.</p>\n<p>Equinix, a leader in digital infrastructure will be the first in the program and it will provide Nvidia-powered solutions on its platform. Nvidia is making it easy for enterprises to get access to AI and deploy it for the growth of their business.</p>\n<p>I strongly believe that AI will take Nvidia higher in the coming months and with each development and update, the company is only making its presence stronger in the industry.</p>\n<p><b>The bottom line on NVDA stock</b></p>\n<p>Once the ARM acquisition is complete, Nvidia could become one of the biggest tech companies today. However, the acquisition may take time but there is no doubting the potential of Nvidia.</p>\n<p>The company has strong fundamentals and enjoys a top position in the industry. There could be a dip in NVDA stock due to the stock split but it proves nothing about the fundamentals.</p>\n<p>Raymond James analyst Chris Caso raised the price target of NVDA stock to $900 with a Strong Buy rating. The analyst believes that the company is best positioned for growth in the long term.</p>\n<p>There is not one but many factors that will take NVDA stock higher and every dip is an opportunity to load up on the stock.</p>\n<p>NVDA stock is poised for long-term growth and is one stock to hold for the decade.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Catalysts That Will Drive Nvidia Stock Higher</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\">\n2 Catalysts That Will Drive Nvidia Stock Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 11:23 GMT+8 <a href=https://investorplace.com/2021/06/2-catalysts-that-will-drive-nvidia-stock-higher/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ARM merger and AI will take NVDA stock to new highs in the future.\nAs Nvidia(NASDAQ:NVDA) finally completes the much-awaited stock split, the leader in the semiconductor industry has a lot working in ...</p>\n\n<a href=\"https://investorplace.com/2021/06/2-catalysts-that-will-drive-nvidia-stock-higher/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://investorplace.com/2021/06/2-catalysts-that-will-drive-nvidia-stock-higher/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175794606","content_text":"ARM merger and AI will take NVDA stock to new highs in the future.\nAs Nvidia(NASDAQ:NVDA) finally completes the much-awaited stock split, the leader in the semiconductor industry has a lot working in its favor. If you missed out on the opportunity to buy NVDA stock and enjoy the 4-for-1 stock split, you can still invest in the company. When it comes to fundamentals, Nvidia is one of the best. It is the gold standard in GPU processing and has become a leader in the AI industry.\nI have always been bullish on NVDA stock and had recommended a purchase before the stock split. The stock has enjoyed an excellent ride over the years.\nIt has gone from $104 in April 2017 to $500 in October 2020 and is exchanging hands for $755 today. If you had made the purchase based on my June 9 recommendation at $700, you would be sitting on a chance to get four times shares.\nThe stock is up 95% over the last year and 40% over the past six months. Looking at the strong position Nvidia holds in the industry, there is no stopping NVDA stock. Investors should be ready for massive gains in the coming years. With that in mind, let’s take a look at 2 catalysts driving NVDA stock higher.\nARM Acquisition\nNvidia had announced the acquisition of ARM for $40 billion in 2020. The deal has not been received positively in the semiconductor industry but if it goes through, Nvidia has an opportunity to become one of the most important companies with time. It needs approval from the U.K., U.S., European and Chinese regulators.\nThis deal will allow Nvidia to advance in the field of computing and it will take the sales and revenue higher. The deal will be complete by March 2022 and once it does, there is no looking back for Nvidia. The company will be able to offer higher efficiency on its products with ARM architecture.\nAt a recent conference of Six-Five Summit and CogX,Nvidia CEO Jensen Huang made a case for the merger which would combine the capacities of ARM with Nvidia’s AI capabilities and will lead to the creation of new ideas. The deal will open new business opportunities for Nvidia and will help the company create new products that will only increase its competitive advantage in the industry.\nAnother step ahead with AI\nNvidia is not new to AI and it is only moving forward with it. The company unveiled Nvidia AI LaunchPad, which is a program for enterprises and it will give access to NVIDIA-powered software and infrastructure to streamline the AI lifecycle.\nEquinix, a leader in digital infrastructure will be the first in the program and it will provide Nvidia-powered solutions on its platform. Nvidia is making it easy for enterprises to get access to AI and deploy it for the growth of their business.\nI strongly believe that AI will take Nvidia higher in the coming months and with each development and update, the company is only making its presence stronger in the industry.\nThe bottom line on NVDA stock\nOnce the ARM acquisition is complete, Nvidia could become one of the biggest tech companies today. However, the acquisition may take time but there is no doubting the potential of Nvidia.\nThe company has strong fundamentals and enjoys a top position in the industry. There could be a dip in NVDA stock due to the stock split but it proves nothing about the fundamentals.\nRaymond James analyst Chris Caso raised the price target of NVDA stock to $900 with a Strong Buy rating. The analyst believes that the company is best positioned for growth in the long term.\nThere is not one but many factors that will take NVDA stock higher and every dip is an opportunity to load up on the stock.\nNVDA stock is poised for long-term growth and is one stock to hold for the decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099012709,"gmtCreate":1643277981936,"gmtModify":1676533794786,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099012709","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088042862,"gmtCreate":1650294029030,"gmtModify":1676534688877,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9088042862","repostId":"2228310949","repostType":2,"repost":{"id":"2228310949","kind":"highlight","pubTimestamp":1650276168,"share":"https://ttm.financial/m/news/2228310949?lang=&edition=fundamental","pubTime":"2022-04-18 18:02","market":"us","language":"en","title":"Alphabet, Amazon, Tesla, and Shopify Stock Splits: Which High-Flying Stocks Are Next to Split?","url":"https://stock-news.laohu8.com/highlight/detail?id=2228310949","media":"Motley Fool","summary":"Four high-profile companies splitting their shares could be the impetus that encourages these stocks to follow suit.","content":"<html><head></head><body><p>There has been no shortage of news events to keep investors busy this year. The coronavirus pandemic, historically high inflation, and the invasion of Ukraine by Russia, are just some of the major market-moving events.</p><p>But among the many catalysts captivating Wall Street, stock split-mania has seemingly risen to the top of the list.</p><p>A stock split is a way for publicly traded companies to alter their share price and outstanding share count without affecting their market cap or underlying business. It's an aesthetic move that primarily benefits retail investors who may not have access to fractional-share purchases. When high-flying stocks split their shares, they're simply lowering their share price to make it more affordable (on a nominal basis) for retail investors.</p><h2>Four industry titans have announced stock splits</h2><p>Since the beginning of February, four supercharged and widely owned stocks announced their intentions to enact stock splits, with shareholder approval.</p><ul><li><b>Alphabet</b>, the parent company of leading internet search engine Google and streaming platform YouTube, kicked things off in early February by announcing plans to split its shares 20-for-1. If approved by shareholders, the split will take effect in mid-July.</li><li><b>Amazon</b> was up next. On March 9, the e-commerce giant followed in Alphabet's footsteps with a 20-for-1 stock split announcement of its own. Amazon's split will take effect in early June if its shareholders give it the go-ahead.</li><li><b>Tesla</b> charged forward next. In late March, the electric vehicle behemoth announced its intent to enact a stock split for the second time since August 2020. Although Tesla didn't unveil the magnitude of its proposed split (the August 2020 split was 5-for-1), it did note that shareholders would vote on its approval during the company's annual shareholder meeting later this year.</li><li><b>Shopify</b> became the newest highflier to jump on the stock split bandwagon. This cloud-based e-commerce solutions powerhouse intends to split its stock 10-for-1. If shareholders give Shopify the green light, its split would take effect in late June.</li></ul><p>Because stock splits are often enacted by companies that are firing on all cylinders, their announcement tends to evoke positive emotions from investors. It's also left Wall Street and investors wondering what high-flying stocks are next to announce a split after Alphabet, Amazon, Tesla, and Shopify.</p><h2>Costco Wholesale</h2><p>The first highflier that would be an incredibly logical stock split candidate is warehouse club <b>Costco Wholesale</b>. The last time shares of Costco split was over 22 years ago.</p><p>As of the closing bell on April 14, Costco's shares were setting investors back more than $590 a pop. While that's not a big deal for investors with access to fractional-share purchases, $590 is a prohibitively high figure for an investor who might want to put $100, $200, or $500 to work in a widely known retail company. Splitting its shares would almost certainly broaden interest and ownership in the company.</p><p>Another obvious reason for Costco to consider a split is because its stock is outperforming. Shares of the company have soared 584% over the trailing 10 years and are likely to head higher over time as its competitive advantages play out.</p><p>For instance, Costco's size and deep pockets allow the company to purchase goods in bulk. Buying in bulk often lowers the cost paid per unit, which translates into better prices for its members. Being able to undercut many traditional grocers on price, and counting on its members to add discretionary items to their shopping carts, has been a winning formula for quite some time for Costco.</p><p>Costco's membership model is working wonders, too. The annual fees Costco collects from its members further buffer its operating margins and provide added incentive for members to make Costco their primary place to shop.</p><h2>Broadcom</h2><p>A second high-flying stock that could be next to join Alphabet, Amazon, Tesla, and Shopify is semiconductor solutions provider <b>Broadcom</b>. Although Avago, which acquired Broadcom in 2016 and kept the Broadcom name, has never split its stock, Broadcom did enact three splits between 1999 and 2006.</p><p>Similar to Costco, shares of Broadcom are pricey for retail investors. Shares closed this past week at almost $574, and it's been roughly six months since investors have had the chance to purchase a single share for below $500. Over the trailing 10 years, Broadcom shares have rallied in excess of 1,400%! And yet, they could head even higher.</p><p>Broadcom is the definition of a company that's firing on all cylinders. It's expected to see demand remain high for its wireless chips, which are used in next-generation smartphones. The rollout of 5G wireless infrastructure by telecom companies will take time, meaning Broadcom can benefit from a multiyear smartphone replacement cycle.</p><p>Beyond smartphones, the company has ample opportunity to grow its presence in data centers. With businesses shifting their data into the cloud at an accelerated pace due to the pandemic, demand has been strong for Broadcom's access and connectivity chips used in data centers.</p><p>Considering that Broadcom is booking production well into 2023, there's a good chance of its share price heading even higher. That should put a stock split in play for this semiconductor solutions powerhouse.</p><h2><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></h2><p>A third and final highflier that would be a common-sense stock split candidate right now is cybersecurity company <b>Palo Alto Networks</b>. Palo Alto became a publicly traded company almost 10 years ago and has never split its stock.</p><p>To keep the theme going, Palo Alto's current share price can make it difficult for some retail investors to buy its stock. The company ended last week at almost $627 a share, which makes it the highest-priced company (based on nominal share price) on this list. Since its initial public offering in the summer of 2012, Palo Alto's stock has gained more than 1,070%!</p><p>The beauty of cybersecurity stocks is that they've evolved into a basic-necessity service over the past two decades. No matter how well or poorly the U.S. economy and/or stock market are performing, hackers and robots don't take a day off from trying to steal consumer and enterprise data. This makes cybersecurity solutions a veritable necessity for businesses of all sizes. It also increases the likelihood that Palo Alto's stock will head higher over time.</p><p>What makes Palo Alto so intriguing is the company's ongoing shift to subscription-based solutions. While the company hasn't abandoned its traditional firewall products, it should become more competitive and offer more effective cybersecurity solutions by focusing on cloud-based subscription services. Annual recurring revenues from these next-gen solutions are expected to grow from $1.18 billion in fiscal 2021 to an estimated $3.25 billion by fiscal 2024 (Palo Alto's fiscal year ends July 31).</p><p>Palo Alto is also relying on bolt-on acquisitions to broaden its product and service portfolio and reach new customers. With its future looking bright, a stock split would make a lot of sense.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet, Amazon, Tesla, and Shopify Stock Splits: Which High-Flying Stocks Are Next to Split?</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\">\nAlphabet, Amazon, Tesla, and Shopify Stock Splits: Which High-Flying Stocks Are Next to Split?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-18 18:02 GMT+8 <a href=https://www.fool.com/investing/2022/04/18/alphabet-amazon-tesla-and-shopify-stock-splits/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There has been no shortage of news events to keep investors busy this year. The coronavirus pandemic, historically high inflation, and the invasion of Ukraine by Russia, are just some of the major ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/18/alphabet-amazon-tesla-and-shopify-stock-splits/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4528":"SaaS概念","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","PANW":"Palo Alto Networks","TSLA":"特斯拉","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","COST":"好市多","BK4566":"资本集团","AVGO":"博通","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4538":"云计算","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","AMZN":"亚马逊","SHOP":"Shopify Inc","BK4574":"无人驾驶","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4581":"高盛持仓","BK4511":"特斯拉概念"},"source_url":"https://www.fool.com/investing/2022/04/18/alphabet-amazon-tesla-and-shopify-stock-splits/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2228310949","content_text":"There has been no shortage of news events to keep investors busy this year. The coronavirus pandemic, historically high inflation, and the invasion of Ukraine by Russia, are just some of the major market-moving events.But among the many catalysts captivating Wall Street, stock split-mania has seemingly risen to the top of the list.A stock split is a way for publicly traded companies to alter their share price and outstanding share count without affecting their market cap or underlying business. It's an aesthetic move that primarily benefits retail investors who may not have access to fractional-share purchases. When high-flying stocks split their shares, they're simply lowering their share price to make it more affordable (on a nominal basis) for retail investors.Four industry titans have announced stock splitsSince the beginning of February, four supercharged and widely owned stocks announced their intentions to enact stock splits, with shareholder approval.Alphabet, the parent company of leading internet search engine Google and streaming platform YouTube, kicked things off in early February by announcing plans to split its shares 20-for-1. If approved by shareholders, the split will take effect in mid-July.Amazon was up next. On March 9, the e-commerce giant followed in Alphabet's footsteps with a 20-for-1 stock split announcement of its own. Amazon's split will take effect in early June if its shareholders give it the go-ahead.Tesla charged forward next. In late March, the electric vehicle behemoth announced its intent to enact a stock split for the second time since August 2020. Although Tesla didn't unveil the magnitude of its proposed split (the August 2020 split was 5-for-1), it did note that shareholders would vote on its approval during the company's annual shareholder meeting later this year.Shopify became the newest highflier to jump on the stock split bandwagon. This cloud-based e-commerce solutions powerhouse intends to split its stock 10-for-1. If shareholders give Shopify the green light, its split would take effect in late June.Because stock splits are often enacted by companies that are firing on all cylinders, their announcement tends to evoke positive emotions from investors. It's also left Wall Street and investors wondering what high-flying stocks are next to announce a split after Alphabet, Amazon, Tesla, and Shopify.Costco WholesaleThe first highflier that would be an incredibly logical stock split candidate is warehouse club Costco Wholesale. The last time shares of Costco split was over 22 years ago.As of the closing bell on April 14, Costco's shares were setting investors back more than $590 a pop. While that's not a big deal for investors with access to fractional-share purchases, $590 is a prohibitively high figure for an investor who might want to put $100, $200, or $500 to work in a widely known retail company. Splitting its shares would almost certainly broaden interest and ownership in the company.Another obvious reason for Costco to consider a split is because its stock is outperforming. Shares of the company have soared 584% over the trailing 10 years and are likely to head higher over time as its competitive advantages play out.For instance, Costco's size and deep pockets allow the company to purchase goods in bulk. Buying in bulk often lowers the cost paid per unit, which translates into better prices for its members. Being able to undercut many traditional grocers on price, and counting on its members to add discretionary items to their shopping carts, has been a winning formula for quite some time for Costco.Costco's membership model is working wonders, too. The annual fees Costco collects from its members further buffer its operating margins and provide added incentive for members to make Costco their primary place to shop.BroadcomA second high-flying stock that could be next to join Alphabet, Amazon, Tesla, and Shopify is semiconductor solutions provider Broadcom. Although Avago, which acquired Broadcom in 2016 and kept the Broadcom name, has never split its stock, Broadcom did enact three splits between 1999 and 2006.Similar to Costco, shares of Broadcom are pricey for retail investors. Shares closed this past week at almost $574, and it's been roughly six months since investors have had the chance to purchase a single share for below $500. Over the trailing 10 years, Broadcom shares have rallied in excess of 1,400%! And yet, they could head even higher.Broadcom is the definition of a company that's firing on all cylinders. It's expected to see demand remain high for its wireless chips, which are used in next-generation smartphones. The rollout of 5G wireless infrastructure by telecom companies will take time, meaning Broadcom can benefit from a multiyear smartphone replacement cycle.Beyond smartphones, the company has ample opportunity to grow its presence in data centers. With businesses shifting their data into the cloud at an accelerated pace due to the pandemic, demand has been strong for Broadcom's access and connectivity chips used in data centers.Considering that Broadcom is booking production well into 2023, there's a good chance of its share price heading even higher. That should put a stock split in play for this semiconductor solutions powerhouse.Palo Alto NetworksA third and final highflier that would be a common-sense stock split candidate right now is cybersecurity company Palo Alto Networks. Palo Alto became a publicly traded company almost 10 years ago and has never split its stock.To keep the theme going, Palo Alto's current share price can make it difficult for some retail investors to buy its stock. The company ended last week at almost $627 a share, which makes it the highest-priced company (based on nominal share price) on this list. Since its initial public offering in the summer of 2012, Palo Alto's stock has gained more than 1,070%!The beauty of cybersecurity stocks is that they've evolved into a basic-necessity service over the past two decades. No matter how well or poorly the U.S. economy and/or stock market are performing, hackers and robots don't take a day off from trying to steal consumer and enterprise data. This makes cybersecurity solutions a veritable necessity for businesses of all sizes. It also increases the likelihood that Palo Alto's stock will head higher over time.What makes Palo Alto so intriguing is the company's ongoing shift to subscription-based solutions. While the company hasn't abandoned its traditional firewall products, it should become more competitive and offer more effective cybersecurity solutions by focusing on cloud-based subscription services. Annual recurring revenues from these next-gen solutions are expected to grow from $1.18 billion in fiscal 2021 to an estimated $3.25 billion by fiscal 2024 (Palo Alto's fiscal year ends July 31).Palo Alto is also relying on bolt-on acquisitions to broaden its product and service portfolio and reach new customers. With its future looking bright, a stock split would make a lot of sense.","news_type":1},"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945557982,"gmtCreate":1681524190347,"gmtModify":1681524193821,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"Hope for more such promotions ","listText":"Hope for more such promotions ","text":"Hope for more such promotions","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945557982","isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948791802,"gmtCreate":1680786785607,"gmtModify":1680786789556,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"😘😂😏😆🙃💪🏻","listText":"😘😂😏😆🙃💪🏻","text":"😘😂😏😆🙃💪🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948791802","isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965538682,"gmtCreate":1669979966946,"gmtModify":1676538282171,"author":{"id":"3555826125940153","authorId":"3555826125940153","name":"gweiming","avatar":"https://static.tigerbbs.com/3fb1b62a0a149175bb6fba468cb07689","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555826125940153","authorIdStr":"3555826125940153"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9965538682","repostId":"9963969638","repostType":1,"repost":{"id":9963969638,"gmtCreate":1668567458425,"gmtModify":1677745765888,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger's Football Season, share the prizes worth up to US$200,000","htmlText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","listText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","text":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","images":[{"img":"https://community-static.tradeup.com/news/e8c9b6ab16214df413c77708cf5957bf","width":"404","height":"707"},{"img":"https://community-static.tradeup.com/news/6f0ddb54cc9e55b9b9b59a0c9908bfb5","width":"358","height":"471"},{"img":"https://community-static.tradeup.com/news/d9cc4adf57a9972e62e94d321ecc6734","width":"402","height":"712"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963969638","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}