Amygdalabron personal page - To The Moon

Amygdalabron

No personal profile

13Follow

5Followers

0Topic

0Badge

2021-06-24

Cool beans

ARKK: Buy On Weakness Before It Leaves Without You

2021-06-12

$BlackBerry(BB)$BB pls

2021-06-11

Buy buy buy!!

2021-06-11

$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$no honey and no money ;_;

2021-06-09

$BlackBerry(BB)$BB don't be bad to me

2021-06-08

$BlackBerry(BB)$mooooooooooon

2021-06-03

$BlackBerry(BB)$huatasaurus rex

2021-05-17

$Sezzle(SZL.AU)$saded potatoes

2021-04-29

Damn

Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3557497129022895","uuid":"3557497129022895","gmtCreate":1594403976647,"gmtModify":1594403976647,"name":"Amygdalabron","pinyin":"amygdalabron","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":5,"headSize":13,"tweetSize":9,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.20","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.12.27","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":128179030,"gmtCreate":1624508271220,"gmtModify":1703838752019,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"Cool beans","listText":"Cool beans","text":"Cool beans","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128179030","repostId":"1104807513","repostType":2,"repost":{"id":"1104807513","pubTimestamp":1624447558,"share":"https://ttm.financial/m/news/1104807513?lang=&edition=fundamental","pubTime":"2021-06-23 19:25","market":"us","language":"en","title":"ARKK: Buy On Weakness Before It Leaves Without You","url":"https://stock-news.laohu8.com/highlight/detail?id=1104807513","media":"seekingalpha","summary":"Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experi","content":"<p><b>Summary</b></p>\n<ul>\n <li>ARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.</li>\n <li>While fear took over many of ARKK’s investors, long-term ARKK investors know nothing has changed, as secular growth drivers remain well intact.</li>\n <li>Long-term investors should take advantage of its price weakness to add more positions of ARK’s flagship ETF.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>ARK Innovation ETF(NYSEARCA:ARKK)is a popular ETF among retail investors who wish to gain access to disruptive companies in their respective industries. We present our case on whether ARK has lost its “mojo” as it underperformed the broader index ETFs this year, or whether its highest conviction companies remain at the forefront of benefiting from rapid growth drivers ahead.</p>\n<p>ARKK's Highest Conviction Holdings</p>\n<p><img src=\"https://static.tigerbbs.com/6d9d114e082d89c9545bffa12cf3fe50\" tg-width=\"692\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK Top Holdings. Data source: Koyfin</p>\n<p>ARKK lost about 40% during the recent growth stocks rotation that spooked investors in the companies that formed the top ten largest holdings in ARKK, that collectively accounted for more than 50% of the ETF’s holdings. Although the ETF has recovered somewhat from its lows, it remained 26% away from its Feb high. The rotation has also claimed many of its top holdings as they remained some distance below their respective recent highs: Tesla (TSLA): 32%, Teladoc (TDOC): 50%, Roku, Inc (ROKU): 25%, Shopify (SHOP): 2%, Square (SQ): 17%, Zoom (ZM): 37%, Twilio (TWLO): 20%, Spotify (SPOT): 36%, Unity (U): 40% and Coinbase (COIN): 47%.</p>\n<p>ARKK Fund Flows (1Y period). Source: etfdb</p>\n<p>As a result, investors exited the ETF in droves as the fund suffered its worst outflows over the last one year from Mar to May (with a respite in Apr). Our opinion is astute investors took the chance to sell ARKK into strength in Feb as many late buyers to the market couldn’t wait to chase growth stocks to the sky, that also dragged down many fearful investors over these two months.</p>\n<p>We believe no discussion of ARKK is ever complete without focusing on the fundamentals and growth drivers of the ETF’s highest conviction holdings that we summarise below. We believe the secular growth drivers supporting ARKK’s highest conviction holdings have not changed, while their valuations have gotten a lot more attractive.</p>\n<p><b>Tesla: ARK Estimates There is a 50% Chance that TSLA Would Achieve Fully Autonomous Driving by 2025</b></p>\n<p><img src=\"https://static.tigerbbs.com/7915c3196af23e54013216a209076529\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>Estimated U.S. market share of automakers. Data source: GoodCarBadCar.net</p>\n<p>Estimated plug-in EV sales worldwide. Data source: CleanTechnica; EV-Volumes.com</p>\n<p>Investors need no further introduction to TSLA. What’s more important is that while TSLA represented only 2% of the automakers' market share in the U.S., it’s the worldwide leader in EV sales by a fairly large margin. It goes to show the tremendous amount of opportunity for TSLA to capture in the years ahead as the industry’s EV leader.</p>\n<p><img src=\"https://static.tigerbbs.com/3a1d3ce3dc2d4d9a2265995ad24eb957\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>L4/5 autonomous vehicles market share. Data source: Deloitte</p>\n<p>TSLA investors know that the company’s lead would hardly be confined to just EV, as that’s just the tip of the iceberg. What makes TSLA such a high conviction pick for ARK is how its lead in EV and full self-driving [FSD] development would open up huge potential opportunities for the company. ARK emphasized:</p>\n<blockquote>\n In our last valuation model, ARK assumed that Tesla had a 30% chance of delivering fully autonomous driving in the five years ended 2024. Now,ARK estimates that the probability is 50% by 2025. Since our last forecast, neural networks have solved many complex problems previously considered unsolvable, increasing the probability that robotaxis are viable. ARK estimates that Tesla’s vehicle fleet gives it access to 30-40 million miles of data per day, up from 20 million per day last year. If successful, Tesla could scale its robotaxi service rapidly, allocating the additional cash in turn to manufacturing capacity serving its autonomous network.\n</blockquote>\n<p>The chart above also gives investors an idea on how Tesla’s lead may transform the entire auto industry by 2035 where in the “disruptive” scenario 59% and 66% of vehicles would be Level 4 or 5 autonomous vehicles, giving the market leader an enormous share of the market, just in auto sales alone. We have not even accounted for revenue streams that could come from other areas such as robotaxi service as highlighted by ARK.</p>\n<p>Of course, not everyone agrees with Tesla’s approach, especially Waymo (unsurprisingly), as well asGuidehouse Insightswho ranked Tesla last again and Waymo first in its latest guide on autonomous driving. Guidehouse said:</p>\n<blockquote>\n “Tesla needs a thorough rethink of its approach to developing its automated driving system [ADS]. It has overpromised with its marketing for nearly 5 years and severely undelivered. Until Tesla is more honest it is unlikely to improve in the rankings of this leaderboard.\"\n</blockquote>\n<p>In addition, Waymo who had long doubted Tesla’s approach to FSD also weighed in again early this year as CEO John Krafcik emphasized:</p>\n<blockquote>\n For us,Tesla is not a competitor at all. We manufacture a completely autonomous driving system. Tesla is an automaker that is developing a really good driver assistance system. It is a misconception that you can just keep developing a driver assistance system until one day you can magically leap to a fully autonomous driving system. In terms of robustness and accuracy, for example, our sensors are orders of magnitude better than what we see on the road from other manufacturers.\n</blockquote>\n<p>For investors, the jury is definitely still out on whether Tesla would be able to succeed, although ARK has long rested its case on TSLA as its highest conviction holding. Investors are encouraged to visitARK’s assumptionswhich detail their assumptions on their bullish stance.</p>\n<p><b>TDOC: Telemedicine Market is Expected to Grow at More Than 20% CAGR over the Next 10 Years</b></p>\n<p>Projected Global Telemedicine market. Data Source: thebusinessresearchcompany.com (TBRC)</p>\n<p>From the chart above we could clearly see that TDOC operates within arapidly growing telemedicine market, that is expected to grow from just $49.9B in 2019 to $459.8B by 2030 in 11 years, which would represent an incredible 25.9% CAGR.</p>\n<p>Telemedicine’s growth had started well before COVID-19 pandemic hit that was then accelerated by the pandemic. However, investors who do not understand TDOC’s growth drivers often lamented that the company’s growth and raison d'être would fizzle out once vaccinations and economies’ reopenings took over. We believe these investors were truly mistaken as TDOC is still expected to generate YoY revenue growth rates in excess of 25% moving forward, that for the emerging leader in telemedicine may even have been on the conservative side as it’s “merely” largely in line with the market’s expected CAGR. Therefore, TDOC’s growth prospects look extremely exciting.</p>\n<p><b>Invest in ARKK or Invest in its Highest Conviction Companies?</b></p>\n<p><img src=\"https://static.tigerbbs.com/3e60603b189daf2329303be82b4b0f98\" tg-width=\"1280\" tg-height=\"694\" referrerpolicy=\"no-referrer\"></p>\n<p>TSLA and TDOC EV / Fwd EBIT. Data source: S&amp;P Capital IQ</p>\n<p>TSLA and TDOC EV / Fwd (EBITDA - CapEx). Data source: S&amp;P Capital IQ</p>\n<p>Growth investors often find themselves undecided on whether to invest in the underlying stocks directly or invest through ARKK. While we don’t think there is a simple answer to this, investors should consider the key benefits of investing in ARKK as compared to investing directly in the underlying stocks.</p>\n<p>While companies such as TSLA and TDOC have massive potential as we could see from both the charts above where their valuations are expected to drop significantly as they continued to scale up and achieve their growth targets (assuming EV remains the same though it’s unrealistic if the companies continue to execute their growth strategies well). However, the fact of the matter remains that their valuations are not cheap whether basing off EBIT or FCF (using EBITDA - CapEx as a proxy) as shown clearly above.</p>\n<p>Therefore, by investing in ARKK you put your money in a widely diversified ETF that’s focused on disruptive companies that are expected to be the leader in the future, although some may not end up to be. Therefore, by investing in ARKK, investors could simply dedicate a disciplined proportion of their portfolio that they are willing to allocate to such disruptive stocks, without the need to fill up their portfolio with lots of them, and taking more risks than what may be appropriate. In addition, as such companies are usually emerging leaders in their respective fields, investors would need to do a lot of groundwork to keep pace with their investments in order to continue evaluating the quality of their thesis moving forward. However, ARK does all the heavy lifting for investors as ARK would actively manage those holdings and would reduce or add exposures to its stocks whenever necessary.</p>\n<p>Therefore, we gladly hold ARKK along with some of the underlying stocks within the ETF in order to benefit from a wide range of disruptive companies that we do not intend to hold as our underlying holdings but wish to gain an exposure to, while holding on to some of ARK's highest conviction picks as our core holdings.</p>\n<p><b>Price Action and Technical Analysis</b></p>\n<p><img src=\"https://static.tigerbbs.com/746f2145c66a240d1b7f32f44ab29c61\" tg-width=\"1280\" tg-height=\"842\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK has a strong uptrend bias that has been supported along the 20W moving average until it was lost during the rotation we saw between Feb and May. However, it seems like most of the inventory has already been unloaded by the weak holders as $105 looks like a strong support level that has held up well, that also coincided with the 50W moving average. We think that long term investors should not find the current price expensive even though ARKK has recovered somewhat from its May lows. The long term growth drivers remain highly attractive for its underlying stocks and investors should take advantage of the price weakness to initiate or add to ARK’s flagship ETF.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>ARKK represents a convenient way for investors to gain exposure to companies that are expected to grow rapidly and establish themselves as the undisputed leaders in their respective industries.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ARKK: Buy On Weakness Before It Leaves Without You</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\">\nARKK: Buy On Weakness Before It Leaves Without You\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.\nWhile fear took over many of ARKK’s investors, long-...</p>\n\n<a href=\"https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104807513","content_text":"Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.\nWhile fear took over many of ARKK’s investors, long-term ARKK investors know nothing has changed, as secular growth drivers remain well intact.\nLong-term investors should take advantage of its price weakness to add more positions of ARK’s flagship ETF.\n\nInvestment Thesis\nARK Innovation ETF(NYSEARCA:ARKK)is a popular ETF among retail investors who wish to gain access to disruptive companies in their respective industries. We present our case on whether ARK has lost its “mojo” as it underperformed the broader index ETFs this year, or whether its highest conviction companies remain at the forefront of benefiting from rapid growth drivers ahead.\nARKK's Highest Conviction Holdings\n\nARKK Top Holdings. Data source: Koyfin\nARKK lost about 40% during the recent growth stocks rotation that spooked investors in the companies that formed the top ten largest holdings in ARKK, that collectively accounted for more than 50% of the ETF’s holdings. Although the ETF has recovered somewhat from its lows, it remained 26% away from its Feb high. The rotation has also claimed many of its top holdings as they remained some distance below their respective recent highs: Tesla (TSLA): 32%, Teladoc (TDOC): 50%, Roku, Inc (ROKU): 25%, Shopify (SHOP): 2%, Square (SQ): 17%, Zoom (ZM): 37%, Twilio (TWLO): 20%, Spotify (SPOT): 36%, Unity (U): 40% and Coinbase (COIN): 47%.\nARKK Fund Flows (1Y period). Source: etfdb\nAs a result, investors exited the ETF in droves as the fund suffered its worst outflows over the last one year from Mar to May (with a respite in Apr). Our opinion is astute investors took the chance to sell ARKK into strength in Feb as many late buyers to the market couldn’t wait to chase growth stocks to the sky, that also dragged down many fearful investors over these two months.\nWe believe no discussion of ARKK is ever complete without focusing on the fundamentals and growth drivers of the ETF’s highest conviction holdings that we summarise below. We believe the secular growth drivers supporting ARKK’s highest conviction holdings have not changed, while their valuations have gotten a lot more attractive.\nTesla: ARK Estimates There is a 50% Chance that TSLA Would Achieve Fully Autonomous Driving by 2025\n\nEstimated U.S. market share of automakers. Data source: GoodCarBadCar.net\nEstimated plug-in EV sales worldwide. Data source: CleanTechnica; EV-Volumes.com\nInvestors need no further introduction to TSLA. What’s more important is that while TSLA represented only 2% of the automakers' market share in the U.S., it’s the worldwide leader in EV sales by a fairly large margin. It goes to show the tremendous amount of opportunity for TSLA to capture in the years ahead as the industry’s EV leader.\n\nL4/5 autonomous vehicles market share. Data source: Deloitte\nTSLA investors know that the company’s lead would hardly be confined to just EV, as that’s just the tip of the iceberg. What makes TSLA such a high conviction pick for ARK is how its lead in EV and full self-driving [FSD] development would open up huge potential opportunities for the company. ARK emphasized:\n\n In our last valuation model, ARK assumed that Tesla had a 30% chance of delivering fully autonomous driving in the five years ended 2024. Now,ARK estimates that the probability is 50% by 2025. Since our last forecast, neural networks have solved many complex problems previously considered unsolvable, increasing the probability that robotaxis are viable. ARK estimates that Tesla’s vehicle fleet gives it access to 30-40 million miles of data per day, up from 20 million per day last year. If successful, Tesla could scale its robotaxi service rapidly, allocating the additional cash in turn to manufacturing capacity serving its autonomous network.\n\nThe chart above also gives investors an idea on how Tesla’s lead may transform the entire auto industry by 2035 where in the “disruptive” scenario 59% and 66% of vehicles would be Level 4 or 5 autonomous vehicles, giving the market leader an enormous share of the market, just in auto sales alone. We have not even accounted for revenue streams that could come from other areas such as robotaxi service as highlighted by ARK.\nOf course, not everyone agrees with Tesla’s approach, especially Waymo (unsurprisingly), as well asGuidehouse Insightswho ranked Tesla last again and Waymo first in its latest guide on autonomous driving. Guidehouse said:\n\n “Tesla needs a thorough rethink of its approach to developing its automated driving system [ADS]. It has overpromised with its marketing for nearly 5 years and severely undelivered. Until Tesla is more honest it is unlikely to improve in the rankings of this leaderboard.\"\n\nIn addition, Waymo who had long doubted Tesla’s approach to FSD also weighed in again early this year as CEO John Krafcik emphasized:\n\n For us,Tesla is not a competitor at all. We manufacture a completely autonomous driving system. Tesla is an automaker that is developing a really good driver assistance system. It is a misconception that you can just keep developing a driver assistance system until one day you can magically leap to a fully autonomous driving system. In terms of robustness and accuracy, for example, our sensors are orders of magnitude better than what we see on the road from other manufacturers.\n\nFor investors, the jury is definitely still out on whether Tesla would be able to succeed, although ARK has long rested its case on TSLA as its highest conviction holding. Investors are encouraged to visitARK’s assumptionswhich detail their assumptions on their bullish stance.\nTDOC: Telemedicine Market is Expected to Grow at More Than 20% CAGR over the Next 10 Years\nProjected Global Telemedicine market. Data Source: thebusinessresearchcompany.com (TBRC)\nFrom the chart above we could clearly see that TDOC operates within arapidly growing telemedicine market, that is expected to grow from just $49.9B in 2019 to $459.8B by 2030 in 11 years, which would represent an incredible 25.9% CAGR.\nTelemedicine’s growth had started well before COVID-19 pandemic hit that was then accelerated by the pandemic. However, investors who do not understand TDOC’s growth drivers often lamented that the company’s growth and raison d'être would fizzle out once vaccinations and economies’ reopenings took over. We believe these investors were truly mistaken as TDOC is still expected to generate YoY revenue growth rates in excess of 25% moving forward, that for the emerging leader in telemedicine may even have been on the conservative side as it’s “merely” largely in line with the market’s expected CAGR. Therefore, TDOC’s growth prospects look extremely exciting.\nInvest in ARKK or Invest in its Highest Conviction Companies?\n\nTSLA and TDOC EV / Fwd EBIT. Data source: S&P Capital IQ\nTSLA and TDOC EV / Fwd (EBITDA - CapEx). Data source: S&P Capital IQ\nGrowth investors often find themselves undecided on whether to invest in the underlying stocks directly or invest through ARKK. While we don’t think there is a simple answer to this, investors should consider the key benefits of investing in ARKK as compared to investing directly in the underlying stocks.\nWhile companies such as TSLA and TDOC have massive potential as we could see from both the charts above where their valuations are expected to drop significantly as they continued to scale up and achieve their growth targets (assuming EV remains the same though it’s unrealistic if the companies continue to execute their growth strategies well). However, the fact of the matter remains that their valuations are not cheap whether basing off EBIT or FCF (using EBITDA - CapEx as a proxy) as shown clearly above.\nTherefore, by investing in ARKK you put your money in a widely diversified ETF that’s focused on disruptive companies that are expected to be the leader in the future, although some may not end up to be. Therefore, by investing in ARKK, investors could simply dedicate a disciplined proportion of their portfolio that they are willing to allocate to such disruptive stocks, without the need to fill up their portfolio with lots of them, and taking more risks than what may be appropriate. In addition, as such companies are usually emerging leaders in their respective fields, investors would need to do a lot of groundwork to keep pace with their investments in order to continue evaluating the quality of their thesis moving forward. However, ARK does all the heavy lifting for investors as ARK would actively manage those holdings and would reduce or add exposures to its stocks whenever necessary.\nTherefore, we gladly hold ARKK along with some of the underlying stocks within the ETF in order to benefit from a wide range of disruptive companies that we do not intend to hold as our underlying holdings but wish to gain an exposure to, while holding on to some of ARK's highest conviction picks as our core holdings.\nPrice Action and Technical Analysis\n\nARKK has a strong uptrend bias that has been supported along the 20W moving average until it was lost during the rotation we saw between Feb and May. However, it seems like most of the inventory has already been unloaded by the weak holders as $105 looks like a strong support level that has held up well, that also coincided with the 50W moving average. We think that long term investors should not find the current price expensive even though ARKK has recovered somewhat from its May lows. The long term growth drivers remain highly attractive for its underlying stocks and investors should take advantage of the price weakness to initiate or add to ARK’s flagship ETF.\nWrapping It All Up\nARKK represents a convenient way for investors to gain exposure to companies that are expected to grow rapidly and establish themselves as the undisputed leaders in their respective industries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186921121,"gmtCreate":1623470203863,"gmtModify":1704204540948,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>BB pls","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>BB pls","text":"$BlackBerry(BB)$BB pls","images":[{"img":"https://static.tigerbbs.com/e22d936c90278d7aa85fc6cbc972c951","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/186921121","isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":181936606,"gmtCreate":1623369984205,"gmtModify":1704201761718,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"Buy buy buy!!","listText":"Buy buy buy!!","text":"Buy buy buy!!","images":[{"img":"https://static.tigerbbs.com/79311f5dbc809ba8285a238f436bcb76","width":"1440","height":"3577"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181936606","isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":181931100,"gmtCreate":1623369910200,"gmtModify":1704201757973,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C8R.SI\">$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$</a>no honey and no money ;_;&nbsp;","listText":"<a href=\"https://laohu8.com/S/C8R.SI\">$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$</a>no honey and no money ;_;&nbsp;","text":"$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$no honey and no money ;_;","images":[{"img":"https://static.tigerbbs.com/547d141a20d7e915ed771b6c3f849594","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181931100","isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":180185457,"gmtCreate":1623195020279,"gmtModify":1704197932225,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>BB don't be bad to me&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>BB don't be bad to me&nbsp;","text":"$BlackBerry(BB)$BB don't be bad to me","images":[{"img":"https://static.tigerbbs.com/f7f91e1e614d3a67196a22105565827c","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180185457","isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":114770726,"gmtCreate":1623108321165,"gmtModify":1704196058716,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>mooooooooooon","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>mooooooooooon","text":"$BlackBerry(BB)$mooooooooooon","images":[{"img":"https://static.tigerbbs.com/03ab8c213a3f1ce7794cfb743ffdc3bd","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114770726","isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":111823447,"gmtCreate":1622675991989,"gmtModify":1704188543520,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>huatasaurus rex","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>huatasaurus rex","text":"$BlackBerry(BB)$huatasaurus rex","images":[{"img":"https://static.tigerbbs.com/5be5f7b8d822ea41bd4938433d831522","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/111823447","isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":192556990,"gmtCreate":1621217713810,"gmtModify":1704354086833,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SZL.AU\">$Sezzle(SZL.AU)$</a>saded potatoes","listText":"<a href=\"https://laohu8.com/S/SZL.AU\">$Sezzle(SZL.AU)$</a>saded potatoes","text":"$Sezzle(SZL.AU)$saded potatoes","images":[{"img":"https://static.tigerbbs.com/08176375fd1c8981a3bcc393fcd9f48b","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192556990","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":100745573,"gmtCreate":1619652801292,"gmtModify":1704727316964,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"Damn","listText":"Damn","text":"Damn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100745573","repostId":"1137964402","repostType":4,"repost":{"id":"1137964402","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619651546,"share":"https://ttm.financial/m/news/1137964402?lang=&edition=fundamental","pubTime":"2021-04-29 07:12","market":"us","language":"en","title":"Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks","url":"https://stock-news.laohu8.com/highlight/detail?id=1137964402","media":"Tiger Newspress","summary":"Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65","content":"<p><b>KEY POINTS</b></p><ul><li>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and&nbsp;significantly stronger profits than Wall Street expected.</li><li>Apple did not issue official guidance for what it expects in the quarter ending in June.</li><li>Apple authorized $90 billion in share buybacks.</li></ul><p>Apple&nbsp;reported&nbsp;a blowout quarter&nbsp;on Wednesday, announcing companywide sales up 54% higher than last year, and&nbsp;significantly stronger profits than Wall Street expected.</p><p>Apple stock rose over 4% at one point in extended trading.</p><p><img src=\"https://static.tigerbbs.com/4e791f63f460807906f1793c2d58933e\" tg-width=\"1302\" tg-height=\"833\"></p><p>Apple reported double-digit growth in every single one of its product categories, and its&nbsp;most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales&nbsp;did&nbsp;better, with its computers up 70.1% and iPad&nbsp;sales&nbsp;growing nearly 79% on an annual basis.</p><p>Apple said it would increase its dividend by 7%&nbsp;to $0.22 per share&nbsp;and authorized $90 billion in share buybacks, which is significantly higher than last year’s $50 billion outlay&nbsp;and 2019′s $75 billion.</p><p>Here’s how Apple did versus Refinitiv estimates:</p><ul><li><b>EPS</b>:&nbsp;$1.40&nbsp;vs. $0.99 estimated</li><li><b>Revenue</b>:&nbsp;$89.58&nbsp;billion&nbsp;vs. $77.36&nbsp;billion&nbsp;estimated, up 53.7% year-over-year</li><li><b>iPhone revenue</b>:&nbsp;$47.94 billion&nbsp;vs. $41.43&nbsp;billion&nbsp;estimated, up&nbsp;65.5% year-over-year</li><li><b>Services revenue</b>:&nbsp;$16.90 billion&nbsp;vs. $15.57&nbsp;billion&nbsp;estimated, up 26.7% year over&nbsp;year</li><li><b>Other Products revenue</b>:&nbsp;$7.83&nbsp;billion&nbsp;vs. $7.79&nbsp;billion&nbsp;estimated,&nbsp;up 24%&nbsp;year-over-year</li><li><b>Mac revenue</b>:&nbsp;$9.10&nbsp;billion&nbsp;vs. $6.86&nbsp;billion&nbsp;estimated, up 70.1% year-over-year</li><li><b>iPad revenue</b>:&nbsp;$7.80 billion&nbsp;vs. $5.58&nbsp;billion&nbsp;estimated, up 78.9% year-over-year</li><li><b>Gross margin</b>:&nbsp;42.5% vs. 39.8%&nbsp;estimated</li></ul><p>Apple did not issue official guidance for what it expects in the quarter ending in June. It hasn’t provided revenue&nbsp;guidance since the start of the pandemic, citing uncertainty.&nbsp;This is Apple’s second quarter in a row with double-digit growth in all product categories.&nbsp;Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.</p><p>Apple has said in the past months that its business has been boosted by the pandemic as consumers&nbsp;and businesses&nbsp;bought&nbsp;computers&nbsp;to work and entertain themselves while at home. But Apple’s strong results in the quarter suggest that the trend may persist as more economies&nbsp;open up.</p><p>Or, as Apple CEO Tim Cook said in a statement: “This quarter reflects both the enduring ways our products have helped our users meet this&nbsp;moment in their own lives, as well as the optimism consumers seem to feel about better days&nbsp;ahead for all of us.”</p><p>Mac sales were up 70%, and Cook said that the result was “fueled by” the company’s introduction of its Mac&nbsp;laptops&nbsp;that used its own M1 chips&nbsp;for longer battery life, instead of processors sold by&nbsp;Intel.&nbsp;iPad sales were up&nbsp;nearly 79% year-over-year.</p><p>Neither of those&nbsp;results&nbsp;include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.</p><p>“We’re seeing strong first-time buyers on the Mac&nbsp;…&nbsp;it continues to run just south of 50%,” Cook told CNBC’s Josh Lipton. “And, in China, it’s even higher than that&nbsp;…&nbsp;it’s more around two-thirds. And that speaks to people preferring to work on the Mac.”</p><p>Apple’s iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarter’s results indicate.</p><p>In greater China, which includes the mainland, Hong Kong, and Taiwan,&nbsp;Apple’s revenue increased over&nbsp;87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic.&nbsp;Every other geographical category, including the Americas and Europe, were also up on an annual basis.</p><p><img src=\"https://static.tigerbbs.com/37a8b45c92174e3c9ab224d9a85f5e2d\" tg-width=\"1910\" tg-height=\"1114\" referrerpolicy=\"no-referrer\"></p><p>Apple’s&nbsp;high-margin&nbsp;services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.</p><p>One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.</p><p>“We now have over 660 million paid subscriptions across the services on the platform, and that’s up 40 million from the previous quarter, which is an acceleration from 35 million,” Cook told CNBC.</p><p>However, Apple’s App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.</p><p>“The App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, we’re going to go in and tell our story. And we’ll see where it goes. But, we’re confident,” Cook told CNBC.</p><p>Apple’s gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.</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>Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks</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 reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-29 07:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>KEY POINTS</b></p><ul><li>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and&nbsp;significantly stronger profits than Wall Street expected.</li><li>Apple did not issue official guidance for what it expects in the quarter ending in June.</li><li>Apple authorized $90 billion in share buybacks.</li></ul><p>Apple&nbsp;reported&nbsp;a blowout quarter&nbsp;on Wednesday, announcing companywide sales up 54% higher than last year, and&nbsp;significantly stronger profits than Wall Street expected.</p><p>Apple stock rose over 4% at one point in extended trading.</p><p><img src=\"https://static.tigerbbs.com/4e791f63f460807906f1793c2d58933e\" tg-width=\"1302\" tg-height=\"833\"></p><p>Apple reported double-digit growth in every single one of its product categories, and its&nbsp;most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales&nbsp;did&nbsp;better, with its computers up 70.1% and iPad&nbsp;sales&nbsp;growing nearly 79% on an annual basis.</p><p>Apple said it would increase its dividend by 7%&nbsp;to $0.22 per share&nbsp;and authorized $90 billion in share buybacks, which is significantly higher than last year’s $50 billion outlay&nbsp;and 2019′s $75 billion.</p><p>Here’s how Apple did versus Refinitiv estimates:</p><ul><li><b>EPS</b>:&nbsp;$1.40&nbsp;vs. $0.99 estimated</li><li><b>Revenue</b>:&nbsp;$89.58&nbsp;billion&nbsp;vs. $77.36&nbsp;billion&nbsp;estimated, up 53.7% year-over-year</li><li><b>iPhone revenue</b>:&nbsp;$47.94 billion&nbsp;vs. $41.43&nbsp;billion&nbsp;estimated, up&nbsp;65.5% year-over-year</li><li><b>Services revenue</b>:&nbsp;$16.90 billion&nbsp;vs. $15.57&nbsp;billion&nbsp;estimated, up 26.7% year over&nbsp;year</li><li><b>Other Products revenue</b>:&nbsp;$7.83&nbsp;billion&nbsp;vs. $7.79&nbsp;billion&nbsp;estimated,&nbsp;up 24%&nbsp;year-over-year</li><li><b>Mac revenue</b>:&nbsp;$9.10&nbsp;billion&nbsp;vs. $6.86&nbsp;billion&nbsp;estimated, up 70.1% year-over-year</li><li><b>iPad revenue</b>:&nbsp;$7.80 billion&nbsp;vs. $5.58&nbsp;billion&nbsp;estimated, up 78.9% year-over-year</li><li><b>Gross margin</b>:&nbsp;42.5% vs. 39.8%&nbsp;estimated</li></ul><p>Apple did not issue official guidance for what it expects in the quarter ending in June. It hasn’t provided revenue&nbsp;guidance since the start of the pandemic, citing uncertainty.&nbsp;This is Apple’s second quarter in a row with double-digit growth in all product categories.&nbsp;Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.</p><p>Apple has said in the past months that its business has been boosted by the pandemic as consumers&nbsp;and businesses&nbsp;bought&nbsp;computers&nbsp;to work and entertain themselves while at home. But Apple’s strong results in the quarter suggest that the trend may persist as more economies&nbsp;open up.</p><p>Or, as Apple CEO Tim Cook said in a statement: “This quarter reflects both the enduring ways our products have helped our users meet this&nbsp;moment in their own lives, as well as the optimism consumers seem to feel about better days&nbsp;ahead for all of us.”</p><p>Mac sales were up 70%, and Cook said that the result was “fueled by” the company’s introduction of its Mac&nbsp;laptops&nbsp;that used its own M1 chips&nbsp;for longer battery life, instead of processors sold by&nbsp;Intel.&nbsp;iPad sales were up&nbsp;nearly 79% year-over-year.</p><p>Neither of those&nbsp;results&nbsp;include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.</p><p>“We’re seeing strong first-time buyers on the Mac&nbsp;…&nbsp;it continues to run just south of 50%,” Cook told CNBC’s Josh Lipton. “And, in China, it’s even higher than that&nbsp;…&nbsp;it’s more around two-thirds. And that speaks to people preferring to work on the Mac.”</p><p>Apple’s iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarter’s results indicate.</p><p>In greater China, which includes the mainland, Hong Kong, and Taiwan,&nbsp;Apple’s revenue increased over&nbsp;87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic.&nbsp;Every other geographical category, including the Americas and Europe, were also up on an annual basis.</p><p><img src=\"https://static.tigerbbs.com/37a8b45c92174e3c9ab224d9a85f5e2d\" tg-width=\"1910\" tg-height=\"1114\" referrerpolicy=\"no-referrer\"></p><p>Apple’s&nbsp;high-margin&nbsp;services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.</p><p>One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.</p><p>“We now have over 660 million paid subscriptions across the services on the platform, and that’s up 40 million from the previous quarter, which is an acceleration from 35 million,” Cook told CNBC.</p><p>However, Apple’s App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.</p><p>“The App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, we’re going to go in and tell our story. And we’ll see where it goes. But, we’re confident,” Cook told CNBC.</p><p>Apple’s gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137964402","content_text":"KEY POINTSApple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales did better, with its computers up 70.1% and iPad sales growing nearly 79% on an annual basis.Apple said it would increase its dividend by 7% to $0.22 per share and authorized $90 billion in share buybacks, which is significantly higher than last year’s $50 billion outlay and 2019′s $75 billion.Here’s how Apple did versus Refinitiv estimates:EPS: $1.40 vs. $0.99 estimatedRevenue: $89.58 billion vs. $77.36 billion estimated, up 53.7% year-over-yeariPhone revenue: $47.94 billion vs. $41.43 billion estimated, up 65.5% year-over-yearServices revenue: $16.90 billion vs. $15.57 billion estimated, up 26.7% year over yearOther Products revenue: $7.83 billion vs. $7.79 billion estimated, up 24% year-over-yearMac revenue: $9.10 billion vs. $6.86 billion estimated, up 70.1% year-over-yeariPad revenue: $7.80 billion vs. $5.58 billion estimated, up 78.9% year-over-yearGross margin: 42.5% vs. 39.8% estimatedApple did not issue official guidance for what it expects in the quarter ending in June. It hasn’t provided revenue guidance since the start of the pandemic, citing uncertainty. This is Apple’s second quarter in a row with double-digit growth in all product categories. Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.Apple has said in the past months that its business has been boosted by the pandemic as consumers and businesses bought computers to work and entertain themselves while at home. But Apple’s strong results in the quarter suggest that the trend may persist as more economies open up.Or, as Apple CEO Tim Cook said in a statement: “This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us.”Mac sales were up 70%, and Cook said that the result was “fueled by” the company’s introduction of its Mac laptops that used its own M1 chips for longer battery life, instead of processors sold by Intel. iPad sales were up nearly 79% year-over-year.Neither of those results include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.“We’re seeing strong first-time buyers on the Mac … it continues to run just south of 50%,” Cook told CNBC’s Josh Lipton. “And, in China, it’s even higher than that … it’s more around two-thirds. And that speaks to people preferring to work on the Mac.”Apple’s iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarter’s results indicate.In greater China, which includes the mainland, Hong Kong, and Taiwan, Apple’s revenue increased over 87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic. Every other geographical category, including the Americas and Europe, were also up on an annual basis.Apple’s high-margin services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.“We now have over 660 million paid subscriptions across the services on the platform, and that’s up 40 million from the previous quarter, which is an acceleration from 35 million,” Cook told CNBC.However, Apple’s App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.“The App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, we’re going to go in and tell our story. And we’ll see where it goes. But, we’re confident,” Cook told CNBC.Apple’s gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":186921121,"gmtCreate":1623470203863,"gmtModify":1704204540948,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>BB pls","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>BB pls","text":"$BlackBerry(BB)$BB pls","images":[{"img":"https://static.tigerbbs.com/e22d936c90278d7aa85fc6cbc972c951","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/186921121","isVote":1,"tweetType":1,"viewCount":474,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":111823447,"gmtCreate":1622675991989,"gmtModify":1704188543520,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>huatasaurus rex","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>huatasaurus rex","text":"$BlackBerry(BB)$huatasaurus rex","images":[{"img":"https://static.tigerbbs.com/5be5f7b8d822ea41bd4938433d831522","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/111823447","isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":100745573,"gmtCreate":1619652801292,"gmtModify":1704727316964,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"Damn","listText":"Damn","text":"Damn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/100745573","repostId":"1137964402","repostType":4,"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180185457,"gmtCreate":1623195020279,"gmtModify":1704197932225,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>BB don't be bad to me&nbsp;","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>BB don't be bad to me&nbsp;","text":"$BlackBerry(BB)$BB don't be bad to me","images":[{"img":"https://static.tigerbbs.com/f7f91e1e614d3a67196a22105565827c","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180185457","isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":114770726,"gmtCreate":1623108321165,"gmtModify":1704196058716,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>mooooooooooon","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>mooooooooooon","text":"$BlackBerry(BB)$mooooooooooon","images":[{"img":"https://static.tigerbbs.com/03ab8c213a3f1ce7794cfb743ffdc3bd","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114770726","isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":181931100,"gmtCreate":1623369910200,"gmtModify":1704201757973,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C8R.SI\">$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$</a>no honey and no money ;_;&nbsp;","listText":"<a href=\"https://laohu8.com/S/C8R.SI\">$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$</a>no honey and no money ;_;&nbsp;","text":"$JIUTIAN CHEMICAL GROUP LIMITED(C8R.SI)$no honey and no money ;_;","images":[{"img":"https://static.tigerbbs.com/547d141a20d7e915ed771b6c3f849594","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181931100","isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":192556990,"gmtCreate":1621217713810,"gmtModify":1704354086833,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SZL.AU\">$Sezzle(SZL.AU)$</a>saded potatoes","listText":"<a href=\"https://laohu8.com/S/SZL.AU\">$Sezzle(SZL.AU)$</a>saded potatoes","text":"$Sezzle(SZL.AU)$saded potatoes","images":[{"img":"https://static.tigerbbs.com/08176375fd1c8981a3bcc393fcd9f48b","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192556990","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":128179030,"gmtCreate":1624508271220,"gmtModify":1703838752019,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"Cool beans","listText":"Cool beans","text":"Cool beans","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128179030","repostId":"1104807513","repostType":2,"repost":{"id":"1104807513","pubTimestamp":1624447558,"share":"https://ttm.financial/m/news/1104807513?lang=&edition=fundamental","pubTime":"2021-06-23 19:25","market":"us","language":"en","title":"ARKK: Buy On Weakness Before It Leaves Without You","url":"https://stock-news.laohu8.com/highlight/detail?id=1104807513","media":"seekingalpha","summary":"Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experi","content":"<p><b>Summary</b></p>\n<ul>\n <li>ARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.</li>\n <li>While fear took over many of ARKK’s investors, long-term ARKK investors know nothing has changed, as secular growth drivers remain well intact.</li>\n <li>Long-term investors should take advantage of its price weakness to add more positions of ARK’s flagship ETF.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>ARK Innovation ETF(NYSEARCA:ARKK)is a popular ETF among retail investors who wish to gain access to disruptive companies in their respective industries. We present our case on whether ARK has lost its “mojo” as it underperformed the broader index ETFs this year, or whether its highest conviction companies remain at the forefront of benefiting from rapid growth drivers ahead.</p>\n<p>ARKK's Highest Conviction Holdings</p>\n<p><img src=\"https://static.tigerbbs.com/6d9d114e082d89c9545bffa12cf3fe50\" tg-width=\"692\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK Top Holdings. Data source: Koyfin</p>\n<p>ARKK lost about 40% during the recent growth stocks rotation that spooked investors in the companies that formed the top ten largest holdings in ARKK, that collectively accounted for more than 50% of the ETF’s holdings. Although the ETF has recovered somewhat from its lows, it remained 26% away from its Feb high. The rotation has also claimed many of its top holdings as they remained some distance below their respective recent highs: Tesla (TSLA): 32%, Teladoc (TDOC): 50%, Roku, Inc (ROKU): 25%, Shopify (SHOP): 2%, Square (SQ): 17%, Zoom (ZM): 37%, Twilio (TWLO): 20%, Spotify (SPOT): 36%, Unity (U): 40% and Coinbase (COIN): 47%.</p>\n<p>ARKK Fund Flows (1Y period). Source: etfdb</p>\n<p>As a result, investors exited the ETF in droves as the fund suffered its worst outflows over the last one year from Mar to May (with a respite in Apr). Our opinion is astute investors took the chance to sell ARKK into strength in Feb as many late buyers to the market couldn’t wait to chase growth stocks to the sky, that also dragged down many fearful investors over these two months.</p>\n<p>We believe no discussion of ARKK is ever complete without focusing on the fundamentals and growth drivers of the ETF’s highest conviction holdings that we summarise below. We believe the secular growth drivers supporting ARKK’s highest conviction holdings have not changed, while their valuations have gotten a lot more attractive.</p>\n<p><b>Tesla: ARK Estimates There is a 50% Chance that TSLA Would Achieve Fully Autonomous Driving by 2025</b></p>\n<p><img src=\"https://static.tigerbbs.com/7915c3196af23e54013216a209076529\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>Estimated U.S. market share of automakers. Data source: GoodCarBadCar.net</p>\n<p>Estimated plug-in EV sales worldwide. Data source: CleanTechnica; EV-Volumes.com</p>\n<p>Investors need no further introduction to TSLA. What’s more important is that while TSLA represented only 2% of the automakers' market share in the U.S., it’s the worldwide leader in EV sales by a fairly large margin. It goes to show the tremendous amount of opportunity for TSLA to capture in the years ahead as the industry’s EV leader.</p>\n<p><img src=\"https://static.tigerbbs.com/3a1d3ce3dc2d4d9a2265995ad24eb957\" tg-width=\"600\" tg-height=\"371\" referrerpolicy=\"no-referrer\"></p>\n<p>L4/5 autonomous vehicles market share. Data source: Deloitte</p>\n<p>TSLA investors know that the company’s lead would hardly be confined to just EV, as that’s just the tip of the iceberg. What makes TSLA such a high conviction pick for ARK is how its lead in EV and full self-driving [FSD] development would open up huge potential opportunities for the company. ARK emphasized:</p>\n<blockquote>\n In our last valuation model, ARK assumed that Tesla had a 30% chance of delivering fully autonomous driving in the five years ended 2024. Now,ARK estimates that the probability is 50% by 2025. Since our last forecast, neural networks have solved many complex problems previously considered unsolvable, increasing the probability that robotaxis are viable. ARK estimates that Tesla’s vehicle fleet gives it access to 30-40 million miles of data per day, up from 20 million per day last year. If successful, Tesla could scale its robotaxi service rapidly, allocating the additional cash in turn to manufacturing capacity serving its autonomous network.\n</blockquote>\n<p>The chart above also gives investors an idea on how Tesla’s lead may transform the entire auto industry by 2035 where in the “disruptive” scenario 59% and 66% of vehicles would be Level 4 or 5 autonomous vehicles, giving the market leader an enormous share of the market, just in auto sales alone. We have not even accounted for revenue streams that could come from other areas such as robotaxi service as highlighted by ARK.</p>\n<p>Of course, not everyone agrees with Tesla’s approach, especially Waymo (unsurprisingly), as well asGuidehouse Insightswho ranked Tesla last again and Waymo first in its latest guide on autonomous driving. Guidehouse said:</p>\n<blockquote>\n “Tesla needs a thorough rethink of its approach to developing its automated driving system [ADS]. It has overpromised with its marketing for nearly 5 years and severely undelivered. Until Tesla is more honest it is unlikely to improve in the rankings of this leaderboard.\"\n</blockquote>\n<p>In addition, Waymo who had long doubted Tesla’s approach to FSD also weighed in again early this year as CEO John Krafcik emphasized:</p>\n<blockquote>\n For us,Tesla is not a competitor at all. We manufacture a completely autonomous driving system. Tesla is an automaker that is developing a really good driver assistance system. It is a misconception that you can just keep developing a driver assistance system until one day you can magically leap to a fully autonomous driving system. In terms of robustness and accuracy, for example, our sensors are orders of magnitude better than what we see on the road from other manufacturers.\n</blockquote>\n<p>For investors, the jury is definitely still out on whether Tesla would be able to succeed, although ARK has long rested its case on TSLA as its highest conviction holding. Investors are encouraged to visitARK’s assumptionswhich detail their assumptions on their bullish stance.</p>\n<p><b>TDOC: Telemedicine Market is Expected to Grow at More Than 20% CAGR over the Next 10 Years</b></p>\n<p>Projected Global Telemedicine market. Data Source: thebusinessresearchcompany.com (TBRC)</p>\n<p>From the chart above we could clearly see that TDOC operates within arapidly growing telemedicine market, that is expected to grow from just $49.9B in 2019 to $459.8B by 2030 in 11 years, which would represent an incredible 25.9% CAGR.</p>\n<p>Telemedicine’s growth had started well before COVID-19 pandemic hit that was then accelerated by the pandemic. However, investors who do not understand TDOC’s growth drivers often lamented that the company’s growth and raison d'être would fizzle out once vaccinations and economies’ reopenings took over. We believe these investors were truly mistaken as TDOC is still expected to generate YoY revenue growth rates in excess of 25% moving forward, that for the emerging leader in telemedicine may even have been on the conservative side as it’s “merely” largely in line with the market’s expected CAGR. Therefore, TDOC’s growth prospects look extremely exciting.</p>\n<p><b>Invest in ARKK or Invest in its Highest Conviction Companies?</b></p>\n<p><img src=\"https://static.tigerbbs.com/3e60603b189daf2329303be82b4b0f98\" tg-width=\"1280\" tg-height=\"694\" referrerpolicy=\"no-referrer\"></p>\n<p>TSLA and TDOC EV / Fwd EBIT. Data source: S&amp;P Capital IQ</p>\n<p>TSLA and TDOC EV / Fwd (EBITDA - CapEx). Data source: S&amp;P Capital IQ</p>\n<p>Growth investors often find themselves undecided on whether to invest in the underlying stocks directly or invest through ARKK. While we don’t think there is a simple answer to this, investors should consider the key benefits of investing in ARKK as compared to investing directly in the underlying stocks.</p>\n<p>While companies such as TSLA and TDOC have massive potential as we could see from both the charts above where their valuations are expected to drop significantly as they continued to scale up and achieve their growth targets (assuming EV remains the same though it’s unrealistic if the companies continue to execute their growth strategies well). However, the fact of the matter remains that their valuations are not cheap whether basing off EBIT or FCF (using EBITDA - CapEx as a proxy) as shown clearly above.</p>\n<p>Therefore, by investing in ARKK you put your money in a widely diversified ETF that’s focused on disruptive companies that are expected to be the leader in the future, although some may not end up to be. Therefore, by investing in ARKK, investors could simply dedicate a disciplined proportion of their portfolio that they are willing to allocate to such disruptive stocks, without the need to fill up their portfolio with lots of them, and taking more risks than what may be appropriate. In addition, as such companies are usually emerging leaders in their respective fields, investors would need to do a lot of groundwork to keep pace with their investments in order to continue evaluating the quality of their thesis moving forward. However, ARK does all the heavy lifting for investors as ARK would actively manage those holdings and would reduce or add exposures to its stocks whenever necessary.</p>\n<p>Therefore, we gladly hold ARKK along with some of the underlying stocks within the ETF in order to benefit from a wide range of disruptive companies that we do not intend to hold as our underlying holdings but wish to gain an exposure to, while holding on to some of ARK's highest conviction picks as our core holdings.</p>\n<p><b>Price Action and Technical Analysis</b></p>\n<p><img src=\"https://static.tigerbbs.com/746f2145c66a240d1b7f32f44ab29c61\" tg-width=\"1280\" tg-height=\"842\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK has a strong uptrend bias that has been supported along the 20W moving average until it was lost during the rotation we saw between Feb and May. However, it seems like most of the inventory has already been unloaded by the weak holders as $105 looks like a strong support level that has held up well, that also coincided with the 50W moving average. We think that long term investors should not find the current price expensive even though ARKK has recovered somewhat from its May lows. The long term growth drivers remain highly attractive for its underlying stocks and investors should take advantage of the price weakness to initiate or add to ARK’s flagship ETF.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>ARKK represents a convenient way for investors to gain exposure to companies that are expected to grow rapidly and establish themselves as the undisputed leaders in their respective industries.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ARKK: Buy On Weakness Before It Leaves Without You</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\">\nARKK: Buy On Weakness Before It Leaves Without You\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 19:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.\nWhile fear took over many of ARKK’s investors, long-...</p>\n\n<a href=\"https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://seekingalpha.com/article/4435995-arkk-buy-on-weakness-before-it-leaves-without-you","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104807513","content_text":"Summary\n\nARK Innovation ETF lost almost 40% from its Feb high to the depths in May as it also experienced its worst fund outflows in over a year.\nWhile fear took over many of ARKK’s investors, long-term ARKK investors know nothing has changed, as secular growth drivers remain well intact.\nLong-term investors should take advantage of its price weakness to add more positions of ARK’s flagship ETF.\n\nInvestment Thesis\nARK Innovation ETF(NYSEARCA:ARKK)is a popular ETF among retail investors who wish to gain access to disruptive companies in their respective industries. We present our case on whether ARK has lost its “mojo” as it underperformed the broader index ETFs this year, or whether its highest conviction companies remain at the forefront of benefiting from rapid growth drivers ahead.\nARKK's Highest Conviction Holdings\n\nARKK Top Holdings. Data source: Koyfin\nARKK lost about 40% during the recent growth stocks rotation that spooked investors in the companies that formed the top ten largest holdings in ARKK, that collectively accounted for more than 50% of the ETF’s holdings. Although the ETF has recovered somewhat from its lows, it remained 26% away from its Feb high. The rotation has also claimed many of its top holdings as they remained some distance below their respective recent highs: Tesla (TSLA): 32%, Teladoc (TDOC): 50%, Roku, Inc (ROKU): 25%, Shopify (SHOP): 2%, Square (SQ): 17%, Zoom (ZM): 37%, Twilio (TWLO): 20%, Spotify (SPOT): 36%, Unity (U): 40% and Coinbase (COIN): 47%.\nARKK Fund Flows (1Y period). Source: etfdb\nAs a result, investors exited the ETF in droves as the fund suffered its worst outflows over the last one year from Mar to May (with a respite in Apr). Our opinion is astute investors took the chance to sell ARKK into strength in Feb as many late buyers to the market couldn’t wait to chase growth stocks to the sky, that also dragged down many fearful investors over these two months.\nWe believe no discussion of ARKK is ever complete without focusing on the fundamentals and growth drivers of the ETF’s highest conviction holdings that we summarise below. We believe the secular growth drivers supporting ARKK’s highest conviction holdings have not changed, while their valuations have gotten a lot more attractive.\nTesla: ARK Estimates There is a 50% Chance that TSLA Would Achieve Fully Autonomous Driving by 2025\n\nEstimated U.S. market share of automakers. Data source: GoodCarBadCar.net\nEstimated plug-in EV sales worldwide. Data source: CleanTechnica; EV-Volumes.com\nInvestors need no further introduction to TSLA. What’s more important is that while TSLA represented only 2% of the automakers' market share in the U.S., it’s the worldwide leader in EV sales by a fairly large margin. It goes to show the tremendous amount of opportunity for TSLA to capture in the years ahead as the industry’s EV leader.\n\nL4/5 autonomous vehicles market share. Data source: Deloitte\nTSLA investors know that the company’s lead would hardly be confined to just EV, as that’s just the tip of the iceberg. What makes TSLA such a high conviction pick for ARK is how its lead in EV and full self-driving [FSD] development would open up huge potential opportunities for the company. ARK emphasized:\n\n In our last valuation model, ARK assumed that Tesla had a 30% chance of delivering fully autonomous driving in the five years ended 2024. Now,ARK estimates that the probability is 50% by 2025. Since our last forecast, neural networks have solved many complex problems previously considered unsolvable, increasing the probability that robotaxis are viable. ARK estimates that Tesla’s vehicle fleet gives it access to 30-40 million miles of data per day, up from 20 million per day last year. If successful, Tesla could scale its robotaxi service rapidly, allocating the additional cash in turn to manufacturing capacity serving its autonomous network.\n\nThe chart above also gives investors an idea on how Tesla’s lead may transform the entire auto industry by 2035 where in the “disruptive” scenario 59% and 66% of vehicles would be Level 4 or 5 autonomous vehicles, giving the market leader an enormous share of the market, just in auto sales alone. We have not even accounted for revenue streams that could come from other areas such as robotaxi service as highlighted by ARK.\nOf course, not everyone agrees with Tesla’s approach, especially Waymo (unsurprisingly), as well asGuidehouse Insightswho ranked Tesla last again and Waymo first in its latest guide on autonomous driving. Guidehouse said:\n\n “Tesla needs a thorough rethink of its approach to developing its automated driving system [ADS]. It has overpromised with its marketing for nearly 5 years and severely undelivered. Until Tesla is more honest it is unlikely to improve in the rankings of this leaderboard.\"\n\nIn addition, Waymo who had long doubted Tesla’s approach to FSD also weighed in again early this year as CEO John Krafcik emphasized:\n\n For us,Tesla is not a competitor at all. We manufacture a completely autonomous driving system. Tesla is an automaker that is developing a really good driver assistance system. It is a misconception that you can just keep developing a driver assistance system until one day you can magically leap to a fully autonomous driving system. In terms of robustness and accuracy, for example, our sensors are orders of magnitude better than what we see on the road from other manufacturers.\n\nFor investors, the jury is definitely still out on whether Tesla would be able to succeed, although ARK has long rested its case on TSLA as its highest conviction holding. Investors are encouraged to visitARK’s assumptionswhich detail their assumptions on their bullish stance.\nTDOC: Telemedicine Market is Expected to Grow at More Than 20% CAGR over the Next 10 Years\nProjected Global Telemedicine market. Data Source: thebusinessresearchcompany.com (TBRC)\nFrom the chart above we could clearly see that TDOC operates within arapidly growing telemedicine market, that is expected to grow from just $49.9B in 2019 to $459.8B by 2030 in 11 years, which would represent an incredible 25.9% CAGR.\nTelemedicine’s growth had started well before COVID-19 pandemic hit that was then accelerated by the pandemic. However, investors who do not understand TDOC’s growth drivers often lamented that the company’s growth and raison d'être would fizzle out once vaccinations and economies’ reopenings took over. We believe these investors were truly mistaken as TDOC is still expected to generate YoY revenue growth rates in excess of 25% moving forward, that for the emerging leader in telemedicine may even have been on the conservative side as it’s “merely” largely in line with the market’s expected CAGR. Therefore, TDOC’s growth prospects look extremely exciting.\nInvest in ARKK or Invest in its Highest Conviction Companies?\n\nTSLA and TDOC EV / Fwd EBIT. Data source: S&P Capital IQ\nTSLA and TDOC EV / Fwd (EBITDA - CapEx). Data source: S&P Capital IQ\nGrowth investors often find themselves undecided on whether to invest in the underlying stocks directly or invest through ARKK. While we don’t think there is a simple answer to this, investors should consider the key benefits of investing in ARKK as compared to investing directly in the underlying stocks.\nWhile companies such as TSLA and TDOC have massive potential as we could see from both the charts above where their valuations are expected to drop significantly as they continued to scale up and achieve their growth targets (assuming EV remains the same though it’s unrealistic if the companies continue to execute their growth strategies well). However, the fact of the matter remains that their valuations are not cheap whether basing off EBIT or FCF (using EBITDA - CapEx as a proxy) as shown clearly above.\nTherefore, by investing in ARKK you put your money in a widely diversified ETF that’s focused on disruptive companies that are expected to be the leader in the future, although some may not end up to be. Therefore, by investing in ARKK, investors could simply dedicate a disciplined proportion of their portfolio that they are willing to allocate to such disruptive stocks, without the need to fill up their portfolio with lots of them, and taking more risks than what may be appropriate. In addition, as such companies are usually emerging leaders in their respective fields, investors would need to do a lot of groundwork to keep pace with their investments in order to continue evaluating the quality of their thesis moving forward. However, ARK does all the heavy lifting for investors as ARK would actively manage those holdings and would reduce or add exposures to its stocks whenever necessary.\nTherefore, we gladly hold ARKK along with some of the underlying stocks within the ETF in order to benefit from a wide range of disruptive companies that we do not intend to hold as our underlying holdings but wish to gain an exposure to, while holding on to some of ARK's highest conviction picks as our core holdings.\nPrice Action and Technical Analysis\n\nARKK has a strong uptrend bias that has been supported along the 20W moving average until it was lost during the rotation we saw between Feb and May. However, it seems like most of the inventory has already been unloaded by the weak holders as $105 looks like a strong support level that has held up well, that also coincided with the 50W moving average. We think that long term investors should not find the current price expensive even though ARKK has recovered somewhat from its May lows. The long term growth drivers remain highly attractive for its underlying stocks and investors should take advantage of the price weakness to initiate or add to ARK’s flagship ETF.\nWrapping It All Up\nARKK represents a convenient way for investors to gain exposure to companies that are expected to grow rapidly and establish themselves as the undisputed leaders in their respective industries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181936606,"gmtCreate":1623369984205,"gmtModify":1704201761718,"author":{"id":"3557497129022895","authorId":"3557497129022895","name":"Amygdalabron","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557497129022895","authorIdStr":"3557497129022895"},"themes":[],"htmlText":"Buy buy buy!!","listText":"Buy buy buy!!","text":"Buy buy buy!!","images":[{"img":"https://static.tigerbbs.com/79311f5dbc809ba8285a238f436bcb76","width":"1440","height":"3577"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/181936606","isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}