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2021-07-18

Nvdia

3 Top Stocks to Buy if the Market Crashes

2021-06-15

Go go go

Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level

2021-06-13

Don't think so

This Is The Ultimate Warren Buffett Stock, But Should You Buy It?

2021-06-12

Time To give up?

2 Crucial Lessons From Cathie Wood About Apple Stock

2021-06-09

Meme month

S&P 500 closes little changed as "meme stocks" extend rally

2021-06-06

Got suprise?

Apple’s 2021 WWDC Keynote Is Monday. Expect a Few Surprises.

2021-05-27

Finally up back

Tellurian Inc股价拉升24.67% 市值涨3.99亿美元

2021-05-25

About time

NIO shares starts rising as renewed its key joint manufacturing agreements

2021-05-24

On fire

Sea Limited Is Ready To Fire On All Cylinders

2021-05-18

Up up

Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla

2021-05-04

?

Sorry, the original content has been removed

2021-05-02

Nio?

Sorry, the original content has been removed

2021-04-16

Wau

AMD rose about 4% in morning trading

2021-04-09

Consolidating? Or down trend

EV Stocks underperformed

2021-04-04

Will？

How Likely Is a Stock Market Crash?

2021-02-08

$Senseonics(SENS)$??

2021-02-02

$Bionano Genomics(BNGO)$??

2021-01-28

Good or bad

Sorry, the original content has been removed

Go to Tiger App to see more news

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09:17","market":"us","language":"en","title":"3 Top Stocks to Buy if the Market Crashes","url":"https://stock-news.laohu8.com/highlight/detail?id=2151350423","media":"Motley Fool","summary":"Getting some shares of these high-quality companies at bargain prices could earn you a fortune.","content":"<p>Stock market crashes can be frightening. They typically occur without warning, and the often violent plunge in stock prices they bring about can be harrowing to even the most experienced investors.</p>\n<p>These shocking declines occur relatively often (a market correction of 10% or more happens every 1.84 years, on average), and yet they can give you a chance to buy outstanding businesses at steeply discounted prices you might not otherwise find. In this way, a market crash can provide you with an opportunity to build tremendous wealth -- if you know which stocks to buy.</p>\n<p>To help you in this regard, here are three excellent companies to put on your stock market crash shopping list.</p>\n<h2>1. CrowdStrike<b>&nbsp;</b></h2>\n<p>The coronavirus pandemic accelerated the shift to the cloud for many companies. As more companies migrate their operations online, the need for effective cybersecurity solutions is becoming that much more vital. Fortunately, <b>CrowdStrike</b> (NASDAQ:CRWD) is helping to meet this growing need for cloud security -- and business is booming.</p>\n<p>CrowdStrike uses artificial intelligence (AI) to detect threats and prevent cyber breaches. It excels at providing protection at the device level -- think laptops, mobile phones, and sensors -- which has positioned it to profit from an increase in remote work and the growth of the Internet of Things. CrowdStrike's revenue soared 70% year over year to $302.8 million in its fiscal 2022 first quarter. Its free cash flow, meanwhile, climbed 35% to $117.3 million.</p>\n<p>Better still, management sees a path from its current $1 billion in annual recurring revenue to $3 billion by fiscal 2025, fueled by strong customer growth. If CrowdStrike can hit its expansion targets -- and all signs suggest it will -- investors should be well rewarded. And if you can pick up shares at bargain prices during a market crash, your odds of earning sizable returns will be even greater.</p>\n<h2>2. NVIDIA</h2>\n<p>The shift to the cloud is also helping to turbocharge <b>NVIDIA</b>'s (NASDAQ:NVDA) growth. The semiconductor giant is enjoying surging demand for its chips in a wide swath of industries, as more companies integrate AI and other cutting-edge technology into their daily operations.</p>\n<p>NVIDIA's revenue rocketed 84% to $5.7 billion in its fiscal 2022 first quarter, driven by strong growth in its gaming and data center businesses. Its adjusted net income, in turn, jumped 107% to $2.3 billion.</p>\n<p>Yet despite its torrid growth in recent years, NVIDIA has a long runway for further expansion still ahead. With intriguing opportunities in cloud computing infrastructure, telecommunications, and autonomous vehicles, management pegs the chipmaker's total addressable market at a staggering $250 billion.</p>\n<p>NVIDIA's stock currently trades for a rather steep 50 times Wall Street's earnings estimates for fiscal 2022. But should a market crash give you a chance to scoop up shares of this tech titan at a discount, consider buying some. A few years from now, you'll likely be glad you did.</p>\n<h2>3. Shopify</h2>\n<p>COVID-19 has also accelerated the movement of retail sales to the internet. <b>Shopify</b> (NYSE:SHOP) is helping to fuel this megatrend, by giving small businesses the tools they need to build and grow their online stores.</p>\n<p>More than 1.7 million merchants use Shopify's software to power their e-commerce operations. Payment processing, fulfillment, shipping, and business financing are just some of the services Shopify provides. Demand for these services is soaring, much to Shopify's benefit.</p>\n<p>The total dollar amount of sales merchants generated on the e-commerce platform -- a metric known as gross merchandise volume, or GMV -- rose 114% year over year to $37.3 billion in the first quarter. Shopify's revenue, in turn, surged 110% to $988.6 million, while its adjusted net income increased more than elevenfold to $254.1 million.</p>\n<p>Shopify is an outstanding business that's growing at a torrid rate. But there's <a href=\"https://laohu8.com/S/AONE.U\">one</a> problem: Its stock price already reflects this. Shopify currently trades for about 300 times analysts' earnings estimates for 2022, which is not cheap. But if a stock market crash gives you an opportunity to buy shares of this e-commerce leader at a more attractive price, consider jumping on it. Shopify has created fortunes for its long-term investors, and it's poised to continue to do so in the coming decade.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Stocks to Buy if the Market Crashes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Stocks to Buy if the Market Crashes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 09:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/16/3-top-stocks-to-buy-if-the-market-crashes/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock market crashes can be frightening. They typically occur without warning, and the often violent plunge in stock prices they bring about can be harrowing to even the most experienced investors.\n...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/16/3-top-stocks-to-buy-if-the-market-crashes/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.","SHOP":"Shopify Inc","NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/07/16/3-top-stocks-to-buy-if-the-market-crashes/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151350423","content_text":"Stock market crashes can be frightening. They typically occur without warning, and the often violent plunge in stock prices they bring about can be harrowing to even the most experienced investors.\nThese shocking declines occur relatively often (a market correction of 10% or more happens every 1.84 years, on average), and yet they can give you a chance to buy outstanding businesses at steeply discounted prices you might not otherwise find. In this way, a market crash can provide you with an opportunity to build tremendous wealth -- if you know which stocks to buy.\nTo help you in this regard, here are three excellent companies to put on your stock market crash shopping list.\n1. CrowdStrike \nThe coronavirus pandemic accelerated the shift to the cloud for many companies. As more companies migrate their operations online, the need for effective cybersecurity solutions is becoming that much more vital. Fortunately, CrowdStrike (NASDAQ:CRWD) is helping to meet this growing need for cloud security -- and business is booming.\nCrowdStrike uses artificial intelligence (AI) to detect threats and prevent cyber breaches. It excels at providing protection at the device level -- think laptops, mobile phones, and sensors -- which has positioned it to profit from an increase in remote work and the growth of the Internet of Things. CrowdStrike's revenue soared 70% year over year to $302.8 million in its fiscal 2022 first quarter. Its free cash flow, meanwhile, climbed 35% to $117.3 million.\nBetter still, management sees a path from its current $1 billion in annual recurring revenue to $3 billion by fiscal 2025, fueled by strong customer growth. If CrowdStrike can hit its expansion targets -- and all signs suggest it will -- investors should be well rewarded. And if you can pick up shares at bargain prices during a market crash, your odds of earning sizable returns will be even greater.\n2. NVIDIA\nThe shift to the cloud is also helping to turbocharge NVIDIA's (NASDAQ:NVDA) growth. The semiconductor giant is enjoying surging demand for its chips in a wide swath of industries, as more companies integrate AI and other cutting-edge technology into their daily operations.\nNVIDIA's revenue rocketed 84% to $5.7 billion in its fiscal 2022 first quarter, driven by strong growth in its gaming and data center businesses. Its adjusted net income, in turn, jumped 107% to $2.3 billion.\nYet despite its torrid growth in recent years, NVIDIA has a long runway for further expansion still ahead. With intriguing opportunities in cloud computing infrastructure, telecommunications, and autonomous vehicles, management pegs the chipmaker's total addressable market at a staggering $250 billion.\nNVIDIA's stock currently trades for a rather steep 50 times Wall Street's earnings estimates for fiscal 2022. But should a market crash give you a chance to scoop up shares of this tech titan at a discount, consider buying some. A few years from now, you'll likely be glad you did.\n3. Shopify\nCOVID-19 has also accelerated the movement of retail sales to the internet. Shopify (NYSE:SHOP) is helping to fuel this megatrend, by giving small businesses the tools they need to build and grow their online stores.\nMore than 1.7 million merchants use Shopify's software to power their e-commerce operations. Payment processing, fulfillment, shipping, and business financing are just some of the services Shopify provides. Demand for these services is soaring, much to Shopify's benefit.\nThe total dollar amount of sales merchants generated on the e-commerce platform -- a metric known as gross merchandise volume, or GMV -- rose 114% year over year to $37.3 billion in the first quarter. Shopify's revenue, in turn, surged 110% to $988.6 million, while its adjusted net income increased more than elevenfold to $254.1 million.\nShopify is an outstanding business that's growing at a torrid rate. But there's one problem: Its stock price already reflects this. Shopify currently trades for about 300 times analysts' earnings estimates for 2022, which is not cheap. But if a stock market crash gives you an opportunity to buy shares of this e-commerce leader at a more attractive price, consider jumping on it. Shopify has created fortunes for its long-term investors, and it's poised to continue to do so in the coming decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187638665,"gmtCreate":1623751570857,"gmtModify":1704210476431,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Go go go&nbsp;","listText":"Go go go&nbsp;","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187638665","repostId":"1123375053","repostType":4,"repost":{"id":"1123375053","pubTimestamp":1623745435,"share":"https://ttm.financial/m/news/1123375053?lang=&edition=fundamental","pubTime":"2021-06-15 16:23","market":"us","language":"en","title":"Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level","url":"https://stock-news.laohu8.com/highlight/detail?id=1123375053","media":"yahoo","summary":"Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gai","content":"<p>Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.</p>\n<p><img src=\"https://static.tigerbbs.com/bcb7953764bb128bc18cd601e00a3e92\" tg-width=\"287\" tg-height=\"367\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Bitcoin</b>&nbsp;has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon Musk's reassuring tweet indicating that Tesla will accept the leading cryptocurrency again.</p>\n<p><b>What Happened:</b>&nbsp;CoinMarketCapdatasuggests that Bitcoin price grew by over 14.3% from its 24-hour low of $36,000 to a high of nearly $41,000, before settling at its current price of $40,306 at press time.</p>\n<p><img src=\"https://static.tigerbbs.com/87d03c0cede12209e410f4a012c4c59d\" tg-width=\"1070\" tg-height=\"776\"></p>\n<p>According to Paolo Ardoino, CTO of Bitfinex, \"the king of crypto is carrying cryptocurrency markets higher.\"</p>\n<p>\"Meanwhile, Bitcoin’s utility and use cases such as the Lightning Network continue to strengthen and grow. While it is important to always take a long-term view, we’re seeing a quiet optimism return to the market,\" he added.</p>\n<p>Cryptocurrency mining enterprise&nbsp;<b>Riot Blockchain Inc.</b>(NASDAQ:RIOT) shares are up over 20% Monday, beating even Bitcoin's growth over the last 24-hours, with a stock price of $37.25.</p>\n<p><b>Microstrategy</b>(NASDAQ:MSTR)'s stock has been 15% up Monday and was trading at $590 at press time. The company has invested almost all of its revenue into Bitcoin and raising further capital through the issuance of bonds to buy even more.</p>\n<p>Microstrategy recentlyannouncedthat it intended to raise $400 million to buy Bitcoin but thendecidedto raise $500 instead, and the bond offering got oversubscribed to a total of $1.6 billion.</p>\n<p>Lastly,<b>Tesla Inc</b>(NASDAQ:TSLA) has seen its shares rise by 1.28% Monady after&nbsp;Musk's statement.</p>\n<p><img src=\"https://static.tigerbbs.com/90130509ac2ffdd09edf9123136048fa\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>The shares were trading at $618 at press time.</p>","source":"yahoofinance_sg","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>Tesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level</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\">\nTesla, MicroStrategy, Riot Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 16:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"Marathon Digital Holdings Inc","RIOT":"Riot Platforms","TSLA":"特斯拉","CAN":"嘉楠科技"},"source_url":"https://finance.yahoo.com/news/tesla-microstrategy-riot-blockchain-stocks-170045555.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123375053","content_text":"Blockchain Stocks Up As Bitcoin Regains Strength At $40,000 Level.\n\nBitcoin has seen significant gains today, as well as stocks of companies related to the world's top cryptocurrency following Elon Musk's reassuring tweet indicating that Tesla will accept the leading cryptocurrency again.\nWhat Happened: CoinMarketCapdatasuggests that Bitcoin price grew by over 14.3% from its 24-hour low of $36,000 to a high of nearly $41,000, before settling at its current price of $40,306 at press time.\n\nAccording to Paolo Ardoino, CTO of Bitfinex, \"the king of crypto is carrying cryptocurrency markets higher.\"\n\"Meanwhile, Bitcoin’s utility and use cases such as the Lightning Network continue to strengthen and grow. While it is important to always take a long-term view, we’re seeing a quiet optimism return to the market,\" he added.\nCryptocurrency mining enterprise Riot Blockchain Inc.(NASDAQ:RIOT) shares are up over 20% Monday, beating even Bitcoin's growth over the last 24-hours, with a stock price of $37.25.\nMicrostrategy(NASDAQ:MSTR)'s stock has been 15% up Monday and was trading at $590 at press time. The company has invested almost all of its revenue into Bitcoin and raising further capital through the issuance of bonds to buy even more.\nMicrostrategy recentlyannouncedthat it intended to raise $400 million to buy Bitcoin but thendecidedto raise $500 instead, and the bond offering got oversubscribed to a total of $1.6 billion.\nLastly,Tesla Inc(NASDAQ:TSLA) has seen its shares rise by 1.28% Monady after Musk's statement.\n\nThe shares were trading at $618 at press time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182594669,"gmtCreate":1623586437851,"gmtModify":1704206635747,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Don't think so","listText":"Don't think so","text":"Don't think so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/182594669","repostId":"1148565686","repostType":4,"repost":{"id":"1148565686","pubTimestamp":1623514343,"share":"https://ttm.financial/m/news/1148565686?lang=&edition=fundamental","pubTime":"2021-06-13 00:12","market":"us","language":"en","title":"This Is The Ultimate Warren Buffett Stock, But Should You Buy It?","url":"https://stock-news.laohu8.com/highlight/detail?id=1148565686","media":"investors","summary":"Warren Buffett is widely regarded as one of the greatest investors of all time. One way to share in his success is to invest in his firm,Berkshire Hathaway. Berkshire stock has cleared a buy zone, but is it a good buy for you now?Let's take a close look at the fundamental and technical performance of the ultimate Warren Buffett stock.Berkshire Hathaway is a conglomerate that owns some of America's most famous firms. It wholly owns the likes of Geico, Duracell, Dairy Queen, Fruit of the Loom and ","content":"<p>Warren Buffett is widely regarded as one of the greatest investors of all time. One way to share in his success is to invest in his firm,<b>Berkshire Hathaway</b>(BRKB). Berkshire stock has cleared a buy zone, but is it a good buy for you now? Let's take a close look at the fundamental and technical performance of the ultimate Warren Buffett stock.</p>\n<p>Berkshire Hathaway is a conglomerate that owns some of America's most famous firms. It wholly owns the likes of Geico, Duracell, Dairy Queen, Fruit of the Loom and railroad operator BNSF.</p>\n<p>Berkshire Hathaway is perhaps more famous for serving as an investment vehicle for Warren Buffett and his top lieutenant, Charlie Munger. Following their value investing philosophy,the company owns huge stakesin&nbsp;<b>American Express</b>(AXP),&nbsp;<b>Coca-Cola</b>(KO) and other heavy hitters.</p>\n<p>But the definition of a Warren Buffett stock has evolved in recent years.&nbsp;Warren Buffett became a big investor in airlines such as<b>Delta Air Lines</b>(DAL). But he was left to rue his decision to go against his own long-held views about that industry's lack of profitability. The move blew up in his face as airline stocks were decimated due to the global coronavirus pandemic.</p>\n<p>Under investment managers Todd Combs and Ted Weschler, Berkshire Hathaway has been increasingly sinking money into tech. It's taken large positions in established giants like<b>Apple</b>(AAPL), as well as younger companies like Brazilian payments company<b>StoneCo</b>(STNE) and new software IPO<b>Snowflake</b>(SNOW). Berkshire also snapped up a stake in<b>Amazon.com</b>(AMZN).</p>\n<p><b>Warren Buffett Anoints Successor</b></p>\n<p>One of the biggest questions around the future of Berkshire Hathaway in recent years was who would take over the mantle of CEO from Buffett.</p>\n<p>The Oracle of Omahahas finally gave the answer. He said Greg Abel, who runs the noninsurance businesses, will take over in his stead.</p>\n<p>\"The directors are in agreement that if something were to happen to me tonight, it would be Greg who'd take over tomorrow morning,\" the legendary investor told CNBC.</p>\n<p>Berkshire's Vice Chairman Charlie Munger dropped a massive hint during the&nbsp;company's annual meeting in Los Angeles, mentioning that \"Greg will keep the culture.\"</p>\n<p>Abel, 58, has been a Berkshire vice chairman since 2018, and had long been viewed by analysts as a possible successor. The Canadian is chairman and CEO of Berkshire Hathaway Energy. He has also been vice chairman of Berkshire's noninsurance operations since January 2018.</p>\n<p><b>Buffett Snaps Up Berkshire Stock</b></p>\n<p>Berkshire Hathaway revealed in its Q1 earnings report that it had snapped up $6.6 billion more of its shares. It comesafter a record $27.4 billion in repurchaseslast year. This was down from the $9 billion in stock it had purchased in each of the previous two quarters however.</p>\n<p>After historically shying away from repurchases, Berkshire Hathaway stock has become one of Buffett's top purchases.&nbsp;Berkshire's aggressive share repurchases contrasts with the M&amp;A deals spun by the investor during and after the 2008 financial crash.</p>\n<p>While he has historically been reluctant to splurge on stock repurchases, he explained his change of heart in his latest annual letter to shareholders.</p>\n<p>\"The math of repurchases grinds away slowly, but can be powerful over time,\" he wrote. \"The process offers a simple way for investors to own an ever-expanding portion of exceptional businesses.\"</p>\n<p>Berkshire loosened rules for Buffett to buy back shares in 2018. With Berkshire steadfastly cautious on M&amp;A in recent years, investors have been clamoring for more repurchases.</p>\n<p><b>Berkshire Hathaway Tweaks Portfolio</b></p>\n<p>Warren Buffett took a huge stake in<b>Verizon</b>(VZ) stock while dumping JPMorgan (JPM) stock entirely, according to thefirm's latest regulatory filing.</p>\n<p>Its new Verizon stake is massive, with Berkshire paying $8.62 billion for 147 million shares. It now accounts for 3% of the portfolio, making it the No. 6 stock by number of shares held.</p>\n<p>Buffett also opened new stakes in<b>Chevron</b>(CVX),<b>Marsh &amp; McLennan</b>(MMC) and<b>EW Scripps</b>(SSP) in Q4.</p>\n<p>Berkshire dumped entirely<b>Pfizer</b>(PFE),<b>JPMorgan Chase</b>(JPM),<b>Barrick Gold</b>(GOLD),<b>M&amp;T Bank</b>(MTB) and<b>PNC Financial</b>(PNC).</p>\n<p>The conglomerate grew stakes by 117% in<b>T-Mobile</b>(TMUS), 34% in<b>Kroger</b>(KR), 28% in<b>Merck</b>(MRK), 20% in<b>AbbVie</b>(ABBV), 11% in<b>Bristol-Myers Squibb</b>(BMY), and 1% in<b>RH</b>(RH).</p>\n<p>Buffett cut Berkshire's stake in Apple stock by 6%. It remains the No. 1 stock in his portfolio by market value and No. 2 stock by number of shares held, at 10.6% of the portfolio. He kept an Amazon stake steady.</p>\n<p>During its most recent earnings report, the firm revealed it had sold $6.45 billion in stock in Q1 and bought $2.57 billion in stock.</p>\n<p><b>Warren Buffett Funds Media Deal</b></p>\n<p>Berkshire Hathaway is a key backer in a deal disclosed Sept. 24 that will see TV station owner<b>E.W. Scripps</b>(SSP) purchase privately held cable network ION Media for $2.65 billion. The latter firm's flagship, ION Television, is a top 5-ranked U.S. general entertainment network.</p>\n<p>Warren Buffett's firm is snapping up $600 million of Scripps preferred shares to help fund the deal. Scripps stock surged on on the news.</p>\n<p>Berkshire will also receive a warrant that allows it to snap up up to 23.1 million more shares at a price of $13. This adds up to an additional investment of $300 million. Scripps' common shares currently trade at more than 21 each.</p>\n<p><b>Berkshire Hathaway Coronavirus Exposure</b></p>\n<p>As well as its status as an investment vehicle, Berkshire Hathaway is a conglomerate in its own right. It has interests in segments such as railroads, utilities and energy.</p>\n<p>Those sectors, along with other \"real economy\" companies that are Warren Buffett staples, have been hard hit by the coronavirus shutdowns and massive economic contraction. However they should benefit as the economy opens up again.</p>\n<p>Berkshire owns Geico, the No. 2 U.S. auto insurer after State Farm. Currently, states such as California are ordering insurers to give partial credits or refunds of premiums in lines such as private passenger automobile insurance.</p>\n<p>Berkshire also owns BNSF Railway Company, the largest freight railroad network in North America. Rail operators such as<b>Union Pacific</b>(UNP) and<b>CSX</b>(CSX) have seen business suffer during the pandemic. But rail operators and other transportation companies are seeing business pick up again.</p>\n<p>Other wholly owned businesses such as Dairy Queen and multilevel marketing company Pampered Chef also struggled during coronavirus restrictions, though those are easing.</p>\n<p><b>Warren Buffett's Big Gas Bill</b></p>\n<p>Warren Buffett has been criticized for the size of his cash pile. But last July he madehis biggest acquisition in yearswith a $10 billion deal for<b>Dominion Energy</b>'s (D) assets.</p>\n<p>Berkshire seized the chance to secure Dominion's gas pipeline network after the utility giant and<b>Duke Energy</b>(DUK) unexpectedly aborted plans to build the Atlantic Coast Pipeline.</p>\n<p>Berkshire Hathaway Energy will buy about 7,700 miles of natural gas transmission pipelines and 900 billion cubic feet of gas storage. The all-cash deal includes $4 billion of equity and $5.7 billion of debt. It's set to close in the fourth quarter.</p>\n<p>\"We are very proud to be adding such a great portfolio of natural gas assets to our already strong energy business,\" Buffett said in a statement.</p>\n<p>Energy has been doing well so far in 2021. For example, the Vanguard Energy ETF (VDE) is up almost 40% since the start of the year.</p>\n<p><b>Berkshire Hathaway Stock Technical Analysis</b></p>\n<p>Berkshire Hathaway stock is in a profit-taking zone after breaking out of aflat base, according toMarketSmith analysis. Theideal buy pointwas 235.09. Shares offered a follow-on buy point around 246 in late March after a test of the 10-week line, but are extended from here as well.</p>\n<p>It could go on to form a new base with an entry point of 295.18, it can continue to consolidate below this level.</p>\n<p>BRKB stock is well clear after pulling away from its50-day moving average, though the key technical benchmark is beginning to catch up. This is a positive sign for holders of the stock.</p>\n<p>Therelative strength lineof Berkshire Hathaway stock has been slippi8ng somewhat of late after a spell of progress that kicked off in mid-March. BRKB stock is outperforming in 2021. So far this year, it is up around 23%, which beats the broader S&amp;P 500's return of almost 13%.</p>\n<p>ItsIBD Composite Ratingnow sits at 69 out of 99. This is not ideal, but puts it in the top 31% of stocks tracked overall.</p>\n<p>Earnings are&nbsp; improving, with EPS accelerating for the past two quarters. However earnings have only grown by an average of 5% over the past three quarters, with coronavirus pandemic lockdowns having an impact.&nbsp;The CAN SLIM systemrecommends investors look for companies with average EPS growth of at least 25% over this time period.</p>\n<p>Wall Street is becoming more optimistic for Berkshire Hathaway earnings growth going forward. Analysts are projecting annual earnings will rise 24% 2021, before moderating to 7% growth in 2022.</p>\n<p><b>Warren Buffett Recommendation</b></p>\n<p>Berkshire stock had been lagging the S&amp;P 500 index since the end of 2018. Before that, BRKB stock at best moved with the market for a decade. An investor could have bought an index fund or ETF like the SPDR S&amp;P 500 ETF (SPY), and generated similar or higher returns with less stock-specific risk.</p>\n<p>\"In my view, for most people, the best thing to do is owning the S&amp;P 500 index fund, Buffett himself previously said at a Berkshire annual meeting. \"If you bet on America and sustain that position for decades, you'd do far better than buying Treasury securities, or far better than following people. Perhaps with a bias, I don't believe anyone knows what the market is going to do tomorrow, next week, next month, next year.\"</p>\n<p>Nevertheless, BRKB stock has been outperforming the S&amp;P 500 so far this year. It could now finally be set for a decent period of outperformance.</p>\n<p><b>Berkshire Hathaway Earnings Improve</b></p>\n<p>Berkshire Hathaway earnings per share popped 27% in Q1, rising to $3.05. This was well clear of analyst views for EPS of $2.57. Its operating profit, which excludes some investment results, came in at $7 billion.</p>\n<p>The conglomerate's total revenue came in at $64.6 billion last quarter, which was also more than analysts expected.</p>\n<p>The firm's wheeling and dealing on the stock market also saw the firm turn in good gains, increasing approximately $4.69 billion last quarter. However the firm stresses that gains and losses in any particular quarter are \"usually meaningless.\" This fits in with Buffett's longer-term investment philosophy.</p>\n<p><b>Buffett's Cash Mountain Still Mighty</b></p>\n<p>Berkshire's cash pile grew to $145.4 billion in Q1 from $138.3 billion in Q4. It is creeping back up to record level it reached in the third quarter of last year. This has raised expectations that Buffett would make a big acquisition, but he has preferred to sit on the sidelines amid spiraling stock prices.</p>\n<p>Having such a large supply of cash protects the Warren Buffett stock during tough times. It also mean Berkshire Hathaway is able to deploy capital when desirable businesses become available for purchase.</p>\n<p>The more aggressive buying of Berkshire's own shares of late contrasts with Buffett's deals during and after the Great Recession. This indicates he believes that the latest economic downturn and recovery, so far, offer none of the bargains he has historically pounced on.</p>\n<p><b>Analyst Backs Berkshire Stock</b></p>\n<p>CFRA analyst Catherine Seifert is rating BRKB stock as a hold with a 295 price target. She pointed out the mixed nature of the firm's recent earnings report.</p>\n<p>\"Results reflected a doubling of underwriting profits and 12% higher rail/energy/utility profits, despite 13% lower in investment income,\" she said in a May 3 research note. \"We applaud the 33% rise in energy revenues amid contributions from an acquisition, but rail revenues declined fractionally and insurance premium growth of 4.3% lagged peers.</p>\n<p>Nevertheless, she said the shares are currently \"fairly valued versus historical levels.\" The analyst also believes there could be changes afoot once he firm's legendary CEO steps down.</p>\n<p>\"We are disappointed climate change and diversity initiatives failed to be approved at the annual meeting, and think this increases the likelihood of activism in a post-Buffet era,\" she said.</p>\n<p><b>Difference Between BRKA Stock And BRKB Stock</b></p>\n<p>The most obvious difference between Berkshire Hathaway's A class and B class shares is the price. While — at over 200 a share — BRKB stock may be considered relatively expensive, BRKA stock is the most expensive on the market, currently trading near $430,000 a share.</p>\n<p>Warren Buffett decided to introduce the BRKB shares to allow investors to purchase stock directly. Big demand for Berkshire Hathaway stock forced less-moneyed players to plow cash into unit trusts or mutual funds that mirrored his company's holdings.</p>\n<p><b>Berkshire Hathaway Today</b></p>\n<p>Berkshire Hathaway operates in four main sectors.</p>\n<p>Its insurance group is one of its biggest cash cows. One of the most famous jewels in the crown is Geico. Other parts of this business include multinational property/casualty and life/health reinsurance company General Re and Berkshire Hathaway Reinsurance Group. The latter underwrites excess-of-loss reinsurance and quota-share coverage globally.</p>\n<p>Insurance operations are a big reason why Berkshire Hathaway earnings can be lumpy.</p>\n<p>Its Regulated Utility Business group includes Berkshire Hathaway Energy, formerly known as MidAmerican Energy. It also includes railway services arm BNSF, North America's largest freight railroad network.</p>\n<p>Meanwhile, the Manufacturing, Service &amp; Retailing group includes Acme Building Brands, Fruit of the Loom and Justin Brands. The likes of Buffalo News, Business Wire, Dairy Queen and NetJets fall under the service subsector. Retailers include See's Candies, Ben Bridge Jeweler, Helzberg Diamond Shops and Star Furniture.</p>\n<p>Finally, the Finance &amp; Financial Products segment includes: Hathaway Credit Corporation, transportation equipment and furniture leasing specialists XTRA and CORT, and BH Finance whose main interest is in proprietary investing strategies.</p>\n<p><b>Is Berkshire Hathaway Stock A Buy Now?</b></p>\n<p>While Berkshire Hathaway stock has been lagging the S&amp;P 500 index since late 2018, it has been handily outperforming in 2021. However, Berkshire stock is now well clear of its most recent buy zone. Investors keen on the stock could add it to their watchlist, and wait for a new buying opportunity to emerge.</p>\n<p>While its Composite Rating is still not up to scratch, it has improved on this front as well. This makes it an option worth watching for investors seeking to add to their portfolio a well established stock with a diversified portfolio of businesses.</p>\n<p>However, it is worth remember that, after a late-2018 burst, Berkshire Hathaway earnings growth has been modest and uneven. While Wall Street sees solid EPS growth ahead for Berkshire in 2021 and 2022, it still remains shy of the rates sought by CAN SLIM investors.</p>\n<p>Bottom line: Berkshire Hathaway stock is not a buy at the moment. Those interested in buying the ultimate Warren Buffett stock should add it to their watchlist, and wait to see if it forms a new base.</p>","source":"lsy1610449120050","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>This Is The Ultimate Warren Buffett Stock, But Should You Buy It?</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\">\nThis Is The Ultimate Warren Buffett Stock, But Should You Buy It?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-13 00:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/berkshire-hathaway-stock-buy-now-warren-buffett-stock/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett is widely regarded as one of the greatest investors of all time. One way to share in his success is to invest in his firm,Berkshire Hathaway(BRKB). Berkshire stock has cleared a buy ...</p>\n\n<a href=\"https://www.investors.com/research/berkshire-hathaway-stock-buy-now-warren-buffett-stock/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.investors.com/research/berkshire-hathaway-stock-buy-now-warren-buffett-stock/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148565686","content_text":"Warren Buffett is widely regarded as one of the greatest investors of all time. One way to share in his success is to invest in his firm,Berkshire Hathaway(BRKB). Berkshire stock has cleared a buy zone, but is it a good buy for you now? Let's take a close look at the fundamental and technical performance of the ultimate Warren Buffett stock.\nBerkshire Hathaway is a conglomerate that owns some of America's most famous firms. It wholly owns the likes of Geico, Duracell, Dairy Queen, Fruit of the Loom and railroad operator BNSF.\nBerkshire Hathaway is perhaps more famous for serving as an investment vehicle for Warren Buffett and his top lieutenant, Charlie Munger. Following their value investing philosophy,the company owns huge stakesin American Express(AXP), Coca-Cola(KO) and other heavy hitters.\nBut the definition of a Warren Buffett stock has evolved in recent years. Warren Buffett became a big investor in airlines such asDelta Air Lines(DAL). But he was left to rue his decision to go against his own long-held views about that industry's lack of profitability. The move blew up in his face as airline stocks were decimated due to the global coronavirus pandemic.\nUnder investment managers Todd Combs and Ted Weschler, Berkshire Hathaway has been increasingly sinking money into tech. It's taken large positions in established giants likeApple(AAPL), as well as younger companies like Brazilian payments companyStoneCo(STNE) and new software IPOSnowflake(SNOW). Berkshire also snapped up a stake inAmazon.com(AMZN).\nWarren Buffett Anoints Successor\nOne of the biggest questions around the future of Berkshire Hathaway in recent years was who would take over the mantle of CEO from Buffett.\nThe Oracle of Omahahas finally gave the answer. He said Greg Abel, who runs the noninsurance businesses, will take over in his stead.\n\"The directors are in agreement that if something were to happen to me tonight, it would be Greg who'd take over tomorrow morning,\" the legendary investor told CNBC.\nBerkshire's Vice Chairman Charlie Munger dropped a massive hint during the company's annual meeting in Los Angeles, mentioning that \"Greg will keep the culture.\"\nAbel, 58, has been a Berkshire vice chairman since 2018, and had long been viewed by analysts as a possible successor. The Canadian is chairman and CEO of Berkshire Hathaway Energy. He has also been vice chairman of Berkshire's noninsurance operations since January 2018.\nBuffett Snaps Up Berkshire Stock\nBerkshire Hathaway revealed in its Q1 earnings report that it had snapped up $6.6 billion more of its shares. It comesafter a record $27.4 billion in repurchaseslast year. This was down from the $9 billion in stock it had purchased in each of the previous two quarters however.\nAfter historically shying away from repurchases, Berkshire Hathaway stock has become one of Buffett's top purchases. Berkshire's aggressive share repurchases contrasts with the M&A deals spun by the investor during and after the 2008 financial crash.\nWhile he has historically been reluctant to splurge on stock repurchases, he explained his change of heart in his latest annual letter to shareholders.\n\"The math of repurchases grinds away slowly, but can be powerful over time,\" he wrote. \"The process offers a simple way for investors to own an ever-expanding portion of exceptional businesses.\"\nBerkshire loosened rules for Buffett to buy back shares in 2018. With Berkshire steadfastly cautious on M&A in recent years, investors have been clamoring for more repurchases.\nBerkshire Hathaway Tweaks Portfolio\nWarren Buffett took a huge stake inVerizon(VZ) stock while dumping JPMorgan (JPM) stock entirely, according to thefirm's latest regulatory filing.\nIts new Verizon stake is massive, with Berkshire paying $8.62 billion for 147 million shares. It now accounts for 3% of the portfolio, making it the No. 6 stock by number of shares held.\nBuffett also opened new stakes inChevron(CVX),Marsh & McLennan(MMC) andEW Scripps(SSP) in Q4.\nBerkshire dumped entirelyPfizer(PFE),JPMorgan Chase(JPM),Barrick Gold(GOLD),M&T Bank(MTB) andPNC Financial(PNC).\nThe conglomerate grew stakes by 117% inT-Mobile(TMUS), 34% inKroger(KR), 28% inMerck(MRK), 20% inAbbVie(ABBV), 11% inBristol-Myers Squibb(BMY), and 1% inRH(RH).\nBuffett cut Berkshire's stake in Apple stock by 6%. It remains the No. 1 stock in his portfolio by market value and No. 2 stock by number of shares held, at 10.6% of the portfolio. He kept an Amazon stake steady.\nDuring its most recent earnings report, the firm revealed it had sold $6.45 billion in stock in Q1 and bought $2.57 billion in stock.\nWarren Buffett Funds Media Deal\nBerkshire Hathaway is a key backer in a deal disclosed Sept. 24 that will see TV station ownerE.W. Scripps(SSP) purchase privately held cable network ION Media for $2.65 billion. The latter firm's flagship, ION Television, is a top 5-ranked U.S. general entertainment network.\nWarren Buffett's firm is snapping up $600 million of Scripps preferred shares to help fund the deal. Scripps stock surged on on the news.\nBerkshire will also receive a warrant that allows it to snap up up to 23.1 million more shares at a price of $13. This adds up to an additional investment of $300 million. Scripps' common shares currently trade at more than 21 each.\nBerkshire Hathaway Coronavirus Exposure\nAs well as its status as an investment vehicle, Berkshire Hathaway is a conglomerate in its own right. It has interests in segments such as railroads, utilities and energy.\nThose sectors, along with other \"real economy\" companies that are Warren Buffett staples, have been hard hit by the coronavirus shutdowns and massive economic contraction. However they should benefit as the economy opens up again.\nBerkshire owns Geico, the No. 2 U.S. auto insurer after State Farm. Currently, states such as California are ordering insurers to give partial credits or refunds of premiums in lines such as private passenger automobile insurance.\nBerkshire also owns BNSF Railway Company, the largest freight railroad network in North America. Rail operators such asUnion Pacific(UNP) andCSX(CSX) have seen business suffer during the pandemic. But rail operators and other transportation companies are seeing business pick up again.\nOther wholly owned businesses such as Dairy Queen and multilevel marketing company Pampered Chef also struggled during coronavirus restrictions, though those are easing.\nWarren Buffett's Big Gas Bill\nWarren Buffett has been criticized for the size of his cash pile. But last July he madehis biggest acquisition in yearswith a $10 billion deal forDominion Energy's (D) assets.\nBerkshire seized the chance to secure Dominion's gas pipeline network after the utility giant andDuke Energy(DUK) unexpectedly aborted plans to build the Atlantic Coast Pipeline.\nBerkshire Hathaway Energy will buy about 7,700 miles of natural gas transmission pipelines and 900 billion cubic feet of gas storage. The all-cash deal includes $4 billion of equity and $5.7 billion of debt. It's set to close in the fourth quarter.\n\"We are very proud to be adding such a great portfolio of natural gas assets to our already strong energy business,\" Buffett said in a statement.\nEnergy has been doing well so far in 2021. For example, the Vanguard Energy ETF (VDE) is up almost 40% since the start of the year.\nBerkshire Hathaway Stock Technical Analysis\nBerkshire Hathaway stock is in a profit-taking zone after breaking out of aflat base, according toMarketSmith analysis. Theideal buy pointwas 235.09. Shares offered a follow-on buy point around 246 in late March after a test of the 10-week line, but are extended from here as well.\nIt could go on to form a new base with an entry point of 295.18, it can continue to consolidate below this level.\nBRKB stock is well clear after pulling away from its50-day moving average, though the key technical benchmark is beginning to catch up. This is a positive sign for holders of the stock.\nTherelative strength lineof Berkshire Hathaway stock has been slippi8ng somewhat of late after a spell of progress that kicked off in mid-March. BRKB stock is outperforming in 2021. So far this year, it is up around 23%, which beats the broader S&P 500's return of almost 13%.\nItsIBD Composite Ratingnow sits at 69 out of 99. This is not ideal, but puts it in the top 31% of stocks tracked overall.\nEarnings are  improving, with EPS accelerating for the past two quarters. However earnings have only grown by an average of 5% over the past three quarters, with coronavirus pandemic lockdowns having an impact. The CAN SLIM systemrecommends investors look for companies with average EPS growth of at least 25% over this time period.\nWall Street is becoming more optimistic for Berkshire Hathaway earnings growth going forward. Analysts are projecting annual earnings will rise 24% 2021, before moderating to 7% growth in 2022.\nWarren Buffett Recommendation\nBerkshire stock had been lagging the S&P 500 index since the end of 2018. Before that, BRKB stock at best moved with the market for a decade. An investor could have bought an index fund or ETF like the SPDR S&P 500 ETF (SPY), and generated similar or higher returns with less stock-specific risk.\n\"In my view, for most people, the best thing to do is owning the S&P 500 index fund, Buffett himself previously said at a Berkshire annual meeting. \"If you bet on America and sustain that position for decades, you'd do far better than buying Treasury securities, or far better than following people. Perhaps with a bias, I don't believe anyone knows what the market is going to do tomorrow, next week, next month, next year.\"\nNevertheless, BRKB stock has been outperforming the S&P 500 so far this year. It could now finally be set for a decent period of outperformance.\nBerkshire Hathaway Earnings Improve\nBerkshire Hathaway earnings per share popped 27% in Q1, rising to $3.05. This was well clear of analyst views for EPS of $2.57. Its operating profit, which excludes some investment results, came in at $7 billion.\nThe conglomerate's total revenue came in at $64.6 billion last quarter, which was also more than analysts expected.\nThe firm's wheeling and dealing on the stock market also saw the firm turn in good gains, increasing approximately $4.69 billion last quarter. However the firm stresses that gains and losses in any particular quarter are \"usually meaningless.\" This fits in with Buffett's longer-term investment philosophy.\nBuffett's Cash Mountain Still Mighty\nBerkshire's cash pile grew to $145.4 billion in Q1 from $138.3 billion in Q4. It is creeping back up to record level it reached in the third quarter of last year. This has raised expectations that Buffett would make a big acquisition, but he has preferred to sit on the sidelines amid spiraling stock prices.\nHaving such a large supply of cash protects the Warren Buffett stock during tough times. It also mean Berkshire Hathaway is able to deploy capital when desirable businesses become available for purchase.\nThe more aggressive buying of Berkshire's own shares of late contrasts with Buffett's deals during and after the Great Recession. This indicates he believes that the latest economic downturn and recovery, so far, offer none of the bargains he has historically pounced on.\nAnalyst Backs Berkshire Stock\nCFRA analyst Catherine Seifert is rating BRKB stock as a hold with a 295 price target. She pointed out the mixed nature of the firm's recent earnings report.\n\"Results reflected a doubling of underwriting profits and 12% higher rail/energy/utility profits, despite 13% lower in investment income,\" she said in a May 3 research note. \"We applaud the 33% rise in energy revenues amid contributions from an acquisition, but rail revenues declined fractionally and insurance premium growth of 4.3% lagged peers.\nNevertheless, she said the shares are currently \"fairly valued versus historical levels.\" The analyst also believes there could be changes afoot once he firm's legendary CEO steps down.\n\"We are disappointed climate change and diversity initiatives failed to be approved at the annual meeting, and think this increases the likelihood of activism in a post-Buffet era,\" she said.\nDifference Between BRKA Stock And BRKB Stock\nThe most obvious difference between Berkshire Hathaway's A class and B class shares is the price. While — at over 200 a share — BRKB stock may be considered relatively expensive, BRKA stock is the most expensive on the market, currently trading near $430,000 a share.\nWarren Buffett decided to introduce the BRKB shares to allow investors to purchase stock directly. Big demand for Berkshire Hathaway stock forced less-moneyed players to plow cash into unit trusts or mutual funds that mirrored his company's holdings.\nBerkshire Hathaway Today\nBerkshire Hathaway operates in four main sectors.\nIts insurance group is one of its biggest cash cows. One of the most famous jewels in the crown is Geico. Other parts of this business include multinational property/casualty and life/health reinsurance company General Re and Berkshire Hathaway Reinsurance Group. The latter underwrites excess-of-loss reinsurance and quota-share coverage globally.\nInsurance operations are a big reason why Berkshire Hathaway earnings can be lumpy.\nIts Regulated Utility Business group includes Berkshire Hathaway Energy, formerly known as MidAmerican Energy. It also includes railway services arm BNSF, North America's largest freight railroad network.\nMeanwhile, the Manufacturing, Service & Retailing group includes Acme Building Brands, Fruit of the Loom and Justin Brands. The likes of Buffalo News, Business Wire, Dairy Queen and NetJets fall under the service subsector. Retailers include See's Candies, Ben Bridge Jeweler, Helzberg Diamond Shops and Star Furniture.\nFinally, the Finance & Financial Products segment includes: Hathaway Credit Corporation, transportation equipment and furniture leasing specialists XTRA and CORT, and BH Finance whose main interest is in proprietary investing strategies.\nIs Berkshire Hathaway Stock A Buy Now?\nWhile Berkshire Hathaway stock has been lagging the S&P 500 index since late 2018, it has been handily outperforming in 2021. However, Berkshire stock is now well clear of its most recent buy zone. Investors keen on the stock could add it to their watchlist, and wait for a new buying opportunity to emerge.\nWhile its Composite Rating is still not up to scratch, it has improved on this front as well. This makes it an option worth watching for investors seeking to add to their portfolio a well established stock with a diversified portfolio of businesses.\nHowever, it is worth remember that, after a late-2018 burst, Berkshire Hathaway earnings growth has been modest and uneven. While Wall Street sees solid EPS growth ahead for Berkshire in 2021 and 2022, it still remains shy of the rates sought by CAN SLIM investors.\nBottom line: Berkshire Hathaway stock is not a buy at the moment. Those interested in buying the ultimate Warren Buffett stock should add it to their watchlist, and wait to see if it forms a new base.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186292180,"gmtCreate":1623499508140,"gmtModify":1704205158337,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Time To give up?&nbsp;","listText":"Time To give up?&nbsp;","text":"Time To give up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/186292180","repostId":"1190309980","repostType":4,"repost":{"id":"1190309980","pubTimestamp":1623411452,"share":"https://ttm.financial/m/news/1190309980?lang=&edition=fundamental","pubTime":"2021-06-11 19:37","market":"us","language":"en","title":"2 Crucial Lessons From Cathie Wood About Apple Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1190309980","media":"The Street","summary":"Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.In doing my daily research of Apple stock  -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.Considering Apple stock’s loss of 5% in 2015, h","content":"<blockquote>\n <b>Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.</b>\n</blockquote>\n<p>In doing my daily research of Apple stock&nbsp;(<b>AAPL</b>) -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.</p>\n<p>Considering Apple stock’s loss of 5% in 2015, her response was the following:</p>\n<blockquote>\n “At this moment, […] Apple might be, because […] the thinking there is so short term. […] Apple is going to become a big company, and [the stock] has been depressed recently by channel checks: how iPhone sales will do in the first quarter, or in the second quarter.”\n</blockquote>\n<p>Since this interview, Apple share price climbed a whopping 400%-plus in just over five years.</p>\n<p><b>#1. Buying quality on weakness</b></p>\n<p>The first important lesson from Ms. Wood’s 2016 insight above is that high-quality companies, whose stocks are likely to climb over time, should be bought on weakness. The logic is simple: if the long-term trend is up, buy shares when the market is selling them at a discount.</p>\n<p>I put some numbers around this ideaa couple of months ago. Historically, it has made much more sense to buy AAPL when shares declined from a previous peak.</p>\n<p>The chart below shows the historical average one-year return in Apple stock under different scenarios. Notice that, the more shares dip, the higher the future returns have been.</p>\n<p><img src=\"https://static.tigerbbs.com/d8f3b347dced7ad7d67e5c7ef756c550\" tg-width=\"578\" tg-height=\"348\">Following the same logic, current Apple investors might be encouraged that the stock remains under water: 12% below the January 2021 top of $143. Should AAPL make fresh all-time highs soon, asI recently speculated that it could, returns for the remainder of the year may start to look appealing.</p>\n<p><b>#2. Filtering out short-term noise</b></p>\n<p>The second point made by Cathie Wood is at least as important. In her view, Apple stock was under pressure in 2015 and early 2016 due to short-term concerns over smartphone sales in the following couple of quarters, especially after the blockbuster release of the iPhone 6.</p>\n<p>In analyzing market movements, I believe it helps to think about the real drivers of share price: buyers and sellers of the stock. Sometimes, people on both sides of the transaction are more concerned about how a stock might perform in the near term, possibly hoping to make a quick buck – and this is just fine.</p>\n<p>In these cases, long-term buyers are probably better off ignoring “short term noise” about what sales or earnings might look like right around the corner. Better yet, they might want to take advantage of selling pressures created by short-term traders to enter a position at better prices.</p>\n<p>Apple might be faced with a similar setup in 2021. The chatter on Wall Street seems torevolve around the company’s follow throughto a successful pandemic year and launch of the first 5G-capable iPhone.</p>\n<p>But look beyond the next 12 months, and one might find it easier to make a bullish case on Apple stock. The company continues to grow revenues, expand margins, pile on cash, while it has yet to tap intoopportunities in mixed realityandautonomous vehicles.</p>\n<p><b>Twitter speaks</b></p>\n<p>Big Tech stocks like Amazon and Apple are a tiny piece of famed investor Cathie Wood’s ARK portfolios. In your view, which of the following FAAMG names would deserve higher allocation in a tech disrupter and innovator ETF? Leave your vote below on our partner's Twitter, @AmazonMaven.</p>\n<p><img src=\"https://static.tigerbbs.com/565580495c2d16818604c9b6d814b1db\" tg-width=\"582\" tg-height=\"480\"></p>\n<p><b>Is the price right?</b></p>\n<p>Looking at a company’s business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. This is why valuation analysis is so important.</p>\n<p>Alpha Spread’suser-friendly platform allows you to estimate a stock’s fair value –through valuation multiples, discounted cash flow, and more. I believe that the service is a must for anyone looking to own the right stock at the right price.Check out alphaspread.comand get started with a 7-day free trial.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Crucial Lessons From Cathie Wood About Apple Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Crucial Lessons From Cathie Wood About Apple Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.\n\nIn doing my ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190309980","content_text":"Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.\n\nIn doing my daily research of Apple stock (AAPL) -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.\nConsidering Apple stock’s loss of 5% in 2015, her response was the following:\n\n “At this moment, […] Apple might be, because […] the thinking there is so short term. […] Apple is going to become a big company, and [the stock] has been depressed recently by channel checks: how iPhone sales will do in the first quarter, or in the second quarter.”\n\nSince this interview, Apple share price climbed a whopping 400%-plus in just over five years.\n#1. Buying quality on weakness\nThe first important lesson from Ms. Wood’s 2016 insight above is that high-quality companies, whose stocks are likely to climb over time, should be bought on weakness. The logic is simple: if the long-term trend is up, buy shares when the market is selling them at a discount.\nI put some numbers around this ideaa couple of months ago. Historically, it has made much more sense to buy AAPL when shares declined from a previous peak.\nThe chart below shows the historical average one-year return in Apple stock under different scenarios. Notice that, the more shares dip, the higher the future returns have been.\nFollowing the same logic, current Apple investors might be encouraged that the stock remains under water: 12% below the January 2021 top of $143. Should AAPL make fresh all-time highs soon, asI recently speculated that it could, returns for the remainder of the year may start to look appealing.\n#2. Filtering out short-term noise\nThe second point made by Cathie Wood is at least as important. In her view, Apple stock was under pressure in 2015 and early 2016 due to short-term concerns over smartphone sales in the following couple of quarters, especially after the blockbuster release of the iPhone 6.\nIn analyzing market movements, I believe it helps to think about the real drivers of share price: buyers and sellers of the stock. Sometimes, people on both sides of the transaction are more concerned about how a stock might perform in the near term, possibly hoping to make a quick buck – and this is just fine.\nIn these cases, long-term buyers are probably better off ignoring “short term noise” about what sales or earnings might look like right around the corner. Better yet, they might want to take advantage of selling pressures created by short-term traders to enter a position at better prices.\nApple might be faced with a similar setup in 2021. The chatter on Wall Street seems torevolve around the company’s follow throughto a successful pandemic year and launch of the first 5G-capable iPhone.\nBut look beyond the next 12 months, and one might find it easier to make a bullish case on Apple stock. The company continues to grow revenues, expand margins, pile on cash, while it has yet to tap intoopportunities in mixed realityandautonomous vehicles.\nTwitter speaks\nBig Tech stocks like Amazon and Apple are a tiny piece of famed investor Cathie Wood’s ARK portfolios. In your view, which of the following FAAMG names would deserve higher allocation in a tech disrupter and innovator ETF? Leave your vote below on our partner's Twitter, @AmazonMaven.\n\nIs the price right?\nLooking at a company’s business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. This is why valuation analysis is so important.\nAlpha Spread’suser-friendly platform allows you to estimate a stock’s fair value –through valuation multiples, discounted cash flow, and more. I believe that the service is a must for anyone looking to own the right stock at the right price.Check out alphaspread.comand get started with a 7-day free trial.","news_type":1},"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180890210,"gmtCreate":1623197269730,"gmtModify":1704198017655,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Meme month","listText":"Meme month","text":"Meme month","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/180890210","repostId":"1128909306","repostType":4,"repost":{"id":"1128909306","pubTimestamp":1623193560,"share":"https://ttm.financial/m/news/1128909306?lang=&edition=fundamental","pubTime":"2021-06-09 07:06","market":"us","language":"en","title":"S&P 500 closes little changed as \"meme stocks\" extend rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1128909306","media":"reuters","summary":"NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of c","content":"<p>NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally.</p><p>All three major U.S. stock indexes ended the range-bound session near flat or higher, with the S&amp;P 500 and the Dow closing within about 0.5% of record highs.</p><p>The tech-laded Nasdaq Composite fared best, with Amazon.com Inc and Apple Inc providing the biggest boost.</p><p>“We’re waiting for inflation numbers, waiting for more from the (Federal Reserve), waiting for earnings season,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “There’s not a lot motivating the market today.”</p><p>“We’re in this twilight zone until probably right after the Fourth of July, when we see earnings season kick in,” Nolte added.</p><p>The CBOE volatility index, a measure of investor anxiety, touched its lowest level in over a year.</p><p>Smallcaps, once again buoyed by the ongoing meme stock retail frenzy, were outperforming their larger counterparts.</p><p>Clover Health Investments seized top billing among meme stocks, surging 85.8%, the biggest percentage winner in the Nasdaq.</p><p>Other stocks whose recent explosive trading volumes have been attributed to social media buzz, including GameStop Corp, Bed Bath &amp; Beyond Inc, Workhorse Group and others, ended the session between 7% and 12% higher.</p><p>“(Meme stocks) are where the action is, but you flip it over and look crypto and that’s a mess,” Nolte said. “Now the meme stocks are taking over from crypto as the place to be and it’s all a consequence of very easy monetary policy.”</p><p>Reports from the U.S. Labor Department and National Federation of Independent Business appeared to confirm a labor shortage even as demand roars back to life, which could put upward pressure on wages, a precursor to wider inflation.</p><p>Market participants look to Thursday’s consumer price index data for further clues regarding inflation, and how it could influence the Federal Reserve’s timetable for tightening its monetary policy.</p><p>The Dow Jones Industrial Average fell 30.42 points, or 0.09%, to 34,599.82; the S&amp;P 500 gained 0.74 points, or 0.02%, at 4,227.26; and the Nasdaq Composite added 43.19 points, or 0.31%, at 13,924.91.</p><p>Of the 11 major sectors in the S&amp;P 500, consumer discretionary enjoyed the biggest percentage gain, and utilities suffered the largest loss.</p><p>Sales of Tesla Inc’s China-made electric cars jumped in May by 29%, marking a 177% year-on-year increase, according to the China Passenger Car Association. The stock erased initial gains on the news to close down 0.3%.</p><p>Boeing Co shares were boosted by Southwest Airlines’ announcement that it had ordered 34 new 737 MAX aircraft, but the planemaker’s shares pared gains to end the session flat.</p><p>GameStop, the company most closely associated with the Reddit-driven short squeeze phenomenon, is expected to report quarterly results after markets close on Wednesday.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.74-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 54 new 52-week highs and one new low; the Nasdaq Composite recorded 172 new highs and 16 new lows.</p><p>Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.75 billion average over the last 20 trading days.</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>S&P 500 closes little changed as \"meme stocks\" extend rally</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; 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}\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\">\nS&P 500 closes little changed as \"meme stocks\" extend rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","CLOV":"Clover Health Corp",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128909306","content_text":"NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally.All three major U.S. stock indexes ended the range-bound session near flat or higher, with the S&P 500 and the Dow closing within about 0.5% of record highs.The tech-laded Nasdaq Composite fared best, with Amazon.com Inc and Apple Inc providing the biggest boost.“We’re waiting for inflation numbers, waiting for more from the (Federal Reserve), waiting for earnings season,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “There’s not a lot motivating the market today.”“We’re in this twilight zone until probably right after the Fourth of July, when we see earnings season kick in,” Nolte added.The CBOE volatility index, a measure of investor anxiety, touched its lowest level in over a year.Smallcaps, once again buoyed by the ongoing meme stock retail frenzy, were outperforming their larger counterparts.Clover Health Investments seized top billing among meme stocks, surging 85.8%, the biggest percentage winner in the Nasdaq.Other stocks whose recent explosive trading volumes have been attributed to social media buzz, including GameStop Corp, Bed Bath & Beyond Inc, Workhorse Group and others, ended the session between 7% and 12% higher.“(Meme stocks) are where the action is, but you flip it over and look crypto and that’s a mess,” Nolte said. “Now the meme stocks are taking over from crypto as the place to be and it’s all a consequence of very easy monetary policy.”Reports from the U.S. Labor Department and National Federation of Independent Business appeared to confirm a labor shortage even as demand roars back to life, which could put upward pressure on wages, a precursor to wider inflation.Market participants look to Thursday’s consumer price index data for further clues regarding inflation, and how it could influence the Federal Reserve’s timetable for tightening its monetary policy.The Dow Jones Industrial Average fell 30.42 points, or 0.09%, to 34,599.82; the S&P 500 gained 0.74 points, or 0.02%, at 4,227.26; and the Nasdaq Composite added 43.19 points, or 0.31%, at 13,924.91.Of the 11 major sectors in the S&P 500, consumer discretionary enjoyed the biggest percentage gain, and utilities suffered the largest loss.Sales of Tesla Inc’s China-made electric cars jumped in May by 29%, marking a 177% year-on-year increase, according to the China Passenger Car Association. The stock erased initial gains on the news to close down 0.3%.Boeing Co shares were boosted by Southwest Airlines’ announcement that it had ordered 34 new 737 MAX aircraft, but the planemaker’s shares pared gains to end the session flat.GameStop, the company most closely associated with the Reddit-driven short squeeze phenomenon, is expected to report quarterly results after markets close on Wednesday.Advancing issues outnumbered decliners on the NYSE by a 1.74-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored advancers.The S&P 500 posted 54 new 52-week highs and one new low; the Nasdaq Composite recorded 172 new highs and 16 new lows.Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.75 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115696572,"gmtCreate":1622982173296,"gmtModify":1704194047178,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Got suprise?","listText":"Got suprise?","text":"Got suprise?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115696572","repostId":"1165368747","repostType":4,"repost":{"id":"1165368747","pubTimestamp":1622940597,"share":"https://ttm.financial/m/news/1165368747?lang=&edition=fundamental","pubTime":"2021-06-06 08:49","market":"us","language":"en","title":"Apple’s 2021 WWDC Keynote Is Monday. Expect a Few Surprises.","url":"https://stock-news.laohu8.com/highlight/detail?id=1165368747","media":"Barrons","summary":"Apple next week holds its annual Worldwide Developers Conference, to be conducted virtually for the second year in a row due to the Covid-19 pandemic.The WWDC kicks off Monday with a two-hour keynote presentation by CEO Tim Cook and other executives. WWDC is generally used to unveil updates to the company’s various operating systems—MacOS for Macs, iOS for the iPhone, WatchOS for Apple Watch, tvOS for Apple TV set-top boxes, and iPadOS, a variation of iOS for iPads.Wedbush analyst Dan Ives expec","content":"<p>Apple next week holds its annual Worldwide Developers Conference, to be conducted virtually for the second year in a row due to the Covid-19 pandemic.</p><p>The WWDC kicks off Monday with a two-hour keynote presentation by CEO Tim Cook and other executives. WWDC is generally used to unveil updates to the company’s various operating systems—MacOS for Macs, iOS for the iPhone, WatchOS for Apple Watch, tvOS for Apple TV set-top boxes, and iPadOS, a variation of iOS for iPads.</p><p>New hardware announcements are possible, but the exception to the rule. This is, after all, an event for software developers.</p><p>Last year,Apple (ticker: AAPL) also used the event to unveil the M1 processor, a chip designed by the company that has replacedIntelparts in some MacBooks and iPads. By the time the announcement came, the launch had been widely anticipated by analysts and media.</p><p>There’s not nearly as much buzz heading into this year’s event, but Apple still manages to provide surprises. Expect a few this year.</p><p>Wedbush analyst Dan Ives expects the focus to be on the usual range of operating-system updates, including&nbsp;iOS 15, which he thinks will include new privacy protections, notification and lock-screen updates, and some new features in iMessage. As Ives noted, the most recent update to the iPhone software,iOS 14.5, includes an opt-in feature for tracking consumer behavior that has infuriated&nbsp;Facebook(FB) and other companies that rely on that data to target advertising.</p><p>Ives also thinks Apple will unveil new MacBook Pros at both 14-inch and 16-inch screen sizes, both driven by the M1 chip. He thinks Apple will wait until next summer to launch Apple Glasses, an expected augmented-reality product. He foresees a 2024 arrival for Apple Car.</p><p>Morgan Stanley analyst Katy Huberty pointed out in a research note that WWDC historically hasn’t given a boost to Apple shares. Over the past 10 years, she wrote, the stock on average has underperformed the&nbsp;S&amp;P 500&nbsp;by a little over a percentage point in both the week and two weeks immediately following the event.</p><p>Over the past year, though, the stock has responded more strongly to WWDC, Huberty said. She sees some potential for a positive response by investors this time, in particular if there are significant hardware announcements.</p><p>“While we expect the majority of software/operating system upgrades to be more evolutionary than last year, we do believe Apple will highlight efforts to broaden the use of in-house designed silicon, and potentially launch a new MacBook with the Apple silicon, making this year’s WWDC a potentially more significant catalyst than years past,” Huberty wrote.</p><p>As Huberty noted,<i>Nikkei Asia</i>&nbsp;reported in April&nbsp;that&nbsp;Taiwan Semiconductor(TSM) has been in mass production on the successor to the M1, which seems to be called the&nbsp;M2. She sees a possibility that Apple will unveil the first M2-powered Macs at the event.</p><p>Huberty remains bullish on the Mac business,which grew 70% in the March quarter&nbsp;amid widespread demand for laptops during the pandemic. She estimates that Apple had 7.7% of the PC market in calendar 2020 and sees potential for Apple’s slice of the pie to expand to be comparable to the company’s 16% share in the smartphone market. If that happens, she said, Macs alone could be a $68 billion run-rate business by 2025, more than double its current size.</p><p>As for updates to the various Apple operating systems, Huberty pointed to&nbsp;a Bloomberg story in April&nbsp;that said the company was planning to update how iOS handles notifications, a new iPad home screen, an updated lock screen, and various privacy updates.</p><p>On Friday, Apple shares rallied about 1.9%, to $125.89. The stock is down about 5% year to date but up about 43% since last year’s WWDC.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s 2021 WWDC Keynote Is Monday. Expect a Few Surprises.</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’s 2021 WWDC Keynote Is Monday. Expect a Few Surprises.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-2021-wwdc-51622820857?mod=hp_DAY_Theme_1_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple next week holds its annual Worldwide Developers Conference, to be conducted virtually for the second year in a row due to the Covid-19 pandemic.The WWDC kicks off Monday with a two-hour keynote ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-2021-wwdc-51622820857?mod=hp_DAY_Theme_1_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-2021-wwdc-51622820857?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165368747","content_text":"Apple next week holds its annual Worldwide Developers Conference, to be conducted virtually for the second year in a row due to the Covid-19 pandemic.The WWDC kicks off Monday with a two-hour keynote presentation by CEO Tim Cook and other executives. WWDC is generally used to unveil updates to the company’s various operating systems—MacOS for Macs, iOS for the iPhone, WatchOS for Apple Watch, tvOS for Apple TV set-top boxes, and iPadOS, a variation of iOS for iPads.New hardware announcements are possible, but the exception to the rule. This is, after all, an event for software developers.Last year,Apple (ticker: AAPL) also used the event to unveil the M1 processor, a chip designed by the company that has replacedIntelparts in some MacBooks and iPads. By the time the announcement came, the launch had been widely anticipated by analysts and media.There’s not nearly as much buzz heading into this year’s event, but Apple still manages to provide surprises. Expect a few this year.Wedbush analyst Dan Ives expects the focus to be on the usual range of operating-system updates, including iOS 15, which he thinks will include new privacy protections, notification and lock-screen updates, and some new features in iMessage. As Ives noted, the most recent update to the iPhone software,iOS 14.5, includes an opt-in feature for tracking consumer behavior that has infuriated Facebook(FB) and other companies that rely on that data to target advertising.Ives also thinks Apple will unveil new MacBook Pros at both 14-inch and 16-inch screen sizes, both driven by the M1 chip. He thinks Apple will wait until next summer to launch Apple Glasses, an expected augmented-reality product. He foresees a 2024 arrival for Apple Car.Morgan Stanley analyst Katy Huberty pointed out in a research note that WWDC historically hasn’t given a boost to Apple shares. Over the past 10 years, she wrote, the stock on average has underperformed the S&P 500 by a little over a percentage point in both the week and two weeks immediately following the event.Over the past year, though, the stock has responded more strongly to WWDC, Huberty said. She sees some potential for a positive response by investors this time, in particular if there are significant hardware announcements.“While we expect the majority of software/operating system upgrades to be more evolutionary than last year, we do believe Apple will highlight efforts to broaden the use of in-house designed silicon, and potentially launch a new MacBook with the Apple silicon, making this year’s WWDC a potentially more significant catalyst than years past,” Huberty wrote.As Huberty noted,Nikkei Asia reported in April that Taiwan Semiconductor(TSM) has been in mass production on the successor to the M1, which seems to be called the M2. She sees a possibility that Apple will unveil the first M2-powered Macs at the event.Huberty remains bullish on the Mac business,which grew 70% in the March quarter amid widespread demand for laptops during the pandemic. She estimates that Apple had 7.7% of the PC market in calendar 2020 and sees potential for Apple’s slice of the pie to expand to be comparable to the company’s 16% share in the smartphone market. If that happens, she said, Macs alone could be a $68 billion run-rate business by 2025, more than double its current size.As for updates to the various Apple operating systems, Huberty pointed to a Bloomberg story in April that said the company was planning to update how iOS handles notifications, a new iPad home screen, an updated lock screen, and various privacy updates.On Friday, Apple shares rallied about 1.9%, to $125.89. The stock is down about 5% year to date but up about 43% since last year’s WWDC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135915851,"gmtCreate":1622125901273,"gmtModify":1704179979486,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Finally up back","listText":"Finally up back","text":"Finally up back","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/135915851","repostId":"2138785120","repostType":2,"repost":{"id":"2138785120","pubTimestamp":1622122271,"share":"https://ttm.financial/m/news/2138785120?lang=&edition=fundamental","pubTime":"2021-05-27 21:31","market":"us","language":"zh","title":"Tellurian Inc股价拉升24.67% 市值涨3.99亿美元","url":"https://stock-news.laohu8.com/highlight/detail?id=2138785120","media":"自选股智能写手","summary":"北京时间2021年05月27日21时31分，Tellurian Inc股票出现波动，股价快速拉升24.67%。Tellurian Inc股票所在的油气勘探开发行业中，整体涨幅为0.43%。Tellurian Inc公司简介：Tellurian Inc是一家位于美国的独立石油天然气开采和生产公司。消息层面，截至21时31分，Tellurian Inc股票正面舆情新闻比例100%。《Tellurian和Gunvor签署了10年期液化天然气供应协议》资讯为影响Tellurian Inc的重要信息。","content":"<html><body><article><p>北京时间2021年05月27日21时31分，Tellurian Inc（TELL.us）股票出现波动，股价快速<span>拉升</span>24.67%。截至发稿，该股报3.95美元/股，成交量1439.71万股，<span>换手率</span>3.51%，振幅4.42%。</p><p>最近的财报数据显示，该股实现<span>营业收入</span>8.71百万美元，<span>净利润</span>-26.99百万美元，<span>每股收益</span>-0.08美元，<span>毛利</span>3.65百万美元，市盈率-5.73倍。</p><p>机构评级方面，在所有9家参与评级的机构中，22%的券商给予买入建议，56%的券商给予持有建议，22%的券商给予卖出建议。</p><p>Tellurian Inc股票所在的油气勘探开发行业中，整体涨幅为0.43%。其相关个股中，Tellurian Inc、Magnolia Oil &amp; Gas Corp、贝利石油涨幅较大，Tellurian Inc、<a href=\"https://laohu8.com/S/MTR\">Mesa Royalty Trust</a>、<a href=\"https://laohu8.com/S/CEI\">Camber Energy</a> Inc较为活跃，换手率分别为3.59%、3.14%、0.73%，振幅较大的相关个股有Tellurian Inc、Nextdecade Corporation、Highpeak Energy Inc，振幅分别为4.42%、4.15%、3.90%。</p><p>Tellurian Inc公司简介：Tellurian Inc是一家位于美国的独立石油天然气开采和生产公司。它正在开发天然气生产，液化天然气销售和基础设施<span>资产</span>的投资组合，其中包括液化天然气接收站设施和相关管道。 该公司从天然气销售中获得最大收益。</p><p>消息层面，截至21时31分，Tellurian Inc股票正面舆情新闻比例100%。《<snpa>Tellurian和Gunvor签署了10年期液化天然气供应协议</snpa>》资讯为影响Tellurian Inc的重要信息。该信息摘要如下：美国液化天然气开发商Tellurian周四表示，该公司与大宗商品交易商Gunvor Group签署了一项为期10年的协议，每年供应300万吨液化天然气。</p><p>（以上内容为自选股<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>机器写手Money Call完成，仅作为用户看盘参考，不作为交易依据。）</p></article></body></html>","source":"tencent","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>Tellurian Inc股价拉升24.67% 市值涨3.99亿美元</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\">\nTellurian Inc股价拉升24.67% 市值涨3.99亿美元\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 21:31 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021052721311179bf9627&s=b><strong>自选股智能写手</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>北京时间2021年05月27日21时31分，Tellurian Inc（TELL.us）股票出现波动，股价快速拉升24.67%。截至发稿，该股报3.95美元/股，成交量1439.71万股，换手率3.51%，振幅4.42%。最近的财报数据显示，该股实现营业收入8.71百万美元，净利润-26.99百万美元，每股收益-0.08美元，毛利3.65百万美元，市盈率-5.73倍。机构评级方面，在所有9家参与...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021052721311179bf9627&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/28009f8e87ba9680b5b94d59ba7ac119","relate_stocks":{"APR":"Apria, Inc.","TELL":"Tellurian Inc.","LHDX":"Lucira Health, Inc.","SANA":"Sana Biotechnology, Inc.","LABP":"Landos Biopharma, Inc.","CGEM":"Cullinan Therapeutics"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021052721311179bf9627&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2138785120","content_text":"北京时间2021年05月27日21时31分，Tellurian Inc（TELL.us）股票出现波动，股价快速拉升24.67%。截至发稿，该股报3.95美元/股，成交量1439.71万股，换手率3.51%，振幅4.42%。最近的财报数据显示，该股实现营业收入8.71百万美元，净利润-26.99百万美元，每股收益-0.08美元，毛利3.65百万美元，市盈率-5.73倍。机构评级方面，在所有9家参与评级的机构中，22%的券商给予买入建议，56%的券商给予持有建议，22%的券商给予卖出建议。Tellurian Inc股票所在的油气勘探开发行业中，整体涨幅为0.43%。其相关个股中，Tellurian Inc、Magnolia Oil & Gas Corp、贝利石油涨幅较大，Tellurian Inc、Mesa Royalty Trust、Camber Energy Inc较为活跃，换手率分别为3.59%、3.14%、0.73%，振幅较大的相关个股有Tellurian Inc、Nextdecade Corporation、Highpeak Energy Inc，振幅分别为4.42%、4.15%、3.90%。Tellurian Inc公司简介：Tellurian Inc是一家位于美国的独立石油天然气开采和生产公司。它正在开发天然气生产，液化天然气销售和基础设施资产的投资组合，其中包括液化天然气接收站设施和相关管道。 该公司从天然气销售中获得最大收益。消息层面，截至21时31分，Tellurian Inc股票正面舆情新闻比例100%。《Tellurian和Gunvor签署了10年期液化天然气供应协议》资讯为影响Tellurian Inc的重要信息。该信息摘要如下：美国液化天然气开发商Tellurian周四表示，该公司与大宗商品交易商Gunvor Group签署了一项为期10年的协议，每年供应300万吨液化天然气。（以上内容为自选股智能机器写手Money Call完成，仅作为用户看盘参考，不作为交易依据。）","news_type":1},"isVote":1,"tweetType":1,"viewCount":564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138936859,"gmtCreate":1621904335571,"gmtModify":1704364118869,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"About time","listText":"About time","text":"About time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138936859","repostId":"2137537153","repostType":4,"repost":{"id":"2137537153","pubTimestamp":1621864932,"share":"https://ttm.financial/m/news/2137537153?lang=&edition=fundamental","pubTime":"2021-05-24 22:02","market":"us","language":"en","title":"NIO shares starts rising as renewed its key joint manufacturing agreements","url":"https://stock-news.laohu8.com/highlight/detail?id=2137537153","media":"SmarterAnalyst","summary":"NIO Inc.  has renewed its manufacturing agreements with Jianghuai Automobile Group  and Jianglai Advanced Manufacturing Technology  for the joint manufacture of NIO vehicles and associated fee arrangements.JAC, a state-owned vehicle manufacturer, presently manufactures NIO vehicles at its Hefei JAC-NIO plant, which was specifically set up for NIO vehicles.Jianglai is a joint venture between NIO and JAC for operations management. NIO holds a 49% stake in this JV.Under the agreement, JAC will cont","content":"<p>Today&nbsp;NIO&nbsp;shares&nbsp;starts&nbsp;rising&nbsp;as&nbsp;renewed its&nbsp;key joint&nbsp;manufacturing agreements.</p><p><img src=\"https://static.tigerbbs.com/81342d8f5525b276e53965c25c315483\" tg-width=\"1291\" tg-height=\"623\" referrerpolicy=\"no-referrer\"></p><p>NIO Inc. (<b>NIO</b>) has renewed its manufacturing agreements with Jianghuai Automobile Group (JAC) and Jianglai Advanced Manufacturing Technology (Jianglai) for the joint manufacture of NIO vehicles and associated fee arrangements.</p><p>JAC, a state-owned vehicle manufacturer, presently manufactures NIO vehicles at its Hefei JAC-NIO plant, which was specifically set up for NIO vehicles.</p><p>Jianglai is a joint venture between NIO and JAC for operations management. NIO holds a 49% stake in this JV.</p><p>Under the agreement, JAC will continue manufacturing NIO’s ES8, ES6, EC6, and ET7 models, as well as other models in its pipeline, until May 2024.</p><p>Furthermore, JAC will increase its annual production capacity to 240,000 units to satisfy the rising demand for NIO vehicles. While NIO will take responsibility for vehicle development, engineering, supply chain, quality management, and manufacturing processes, Jianglai will be in charge of parts assembly and operations management.</p><p>Significantly, the new agreement will enable NIO to benefit from economies of scale and future improvements in manufacturing processes.</p><p>On May 13, Citigroup analyst&nbsp;Jeff Chung&nbsp;reiterated a Hold rating on the stock with a $57.60 price target (69.1% upside potential).</p><p>Commenting after interacting with NIO management, Chung noted that the shortage of chips was a key constraint for vehicle production in May but management sees the situation improving in June or July.</p><p>Consensus among analysts is that NIO is a Moderate Buy based on 7 Buys and 3 Holds. The average analyst&nbsp;price target of $60.04&nbsp;implies 76.3% upside potential.</p><p>Shares have dropped about 36.3% so far this year.</p><p><img src=\"https://static.tigerbbs.com/950bbbe2c5ec687c9da6552220a18689\" tg-width=\"807\" tg-height=\"450\" referrerpolicy=\"no-referrer\"></p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO shares starts rising as renewed its key joint manufacturing agreements</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\">\nNIO shares starts rising as renewed its key joint manufacturing agreements\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 22:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/nio-renews-key-joint-manufacturing-134312432.html><strong>SmarterAnalyst</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Today NIO shares starts rising as renewed its key joint manufacturing agreements.NIO Inc. (NIO) has renewed its manufacturing agreements with Jianghuai Automobile Group (JAC) and Jianglai Advanced ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nio-renews-key-joint-manufacturing-134312432.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://finance.yahoo.com/news/nio-renews-key-joint-manufacturing-134312432.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2137537153","content_text":"Today NIO shares starts rising as renewed its key joint manufacturing agreements.NIO Inc. (NIO) has renewed its manufacturing agreements with Jianghuai Automobile Group (JAC) and Jianglai Advanced Manufacturing Technology (Jianglai) for the joint manufacture of NIO vehicles and associated fee arrangements.JAC, a state-owned vehicle manufacturer, presently manufactures NIO vehicles at its Hefei JAC-NIO plant, which was specifically set up for NIO vehicles.Jianglai is a joint venture between NIO and JAC for operations management. NIO holds a 49% stake in this JV.Under the agreement, JAC will continue manufacturing NIO’s ES8, ES6, EC6, and ET7 models, as well as other models in its pipeline, until May 2024.Furthermore, JAC will increase its annual production capacity to 240,000 units to satisfy the rising demand for NIO vehicles. While NIO will take responsibility for vehicle development, engineering, supply chain, quality management, and manufacturing processes, Jianglai will be in charge of parts assembly and operations management.Significantly, the new agreement will enable NIO to benefit from economies of scale and future improvements in manufacturing processes.On May 13, Citigroup analyst Jeff Chung reiterated a Hold rating on the stock with a $57.60 price target (69.1% upside potential).Commenting after interacting with NIO management, Chung noted that the shortage of chips was a key constraint for vehicle production in May but management sees the situation improving in June or July.Consensus among analysts is that NIO is a Moderate Buy based on 7 Buys and 3 Holds. The average analyst price target of $60.04 implies 76.3% upside potential.Shares have dropped about 36.3% so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131598742,"gmtCreate":1621866108786,"gmtModify":1704363562216,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"On fire&nbsp;","listText":"On fire&nbsp;","text":"On fire","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/131598742","repostId":"1154364832","repostType":2,"repost":{"id":"1154364832","pubTimestamp":1621824866,"share":"https://ttm.financial/m/news/1154364832?lang=&edition=fundamental","pubTime":"2021-05-24 10:54","market":"us","language":"en","title":"Sea Limited Is Ready To Fire On All Cylinders","url":"https://stock-news.laohu8.com/highlight/detail?id=1154364832","media":"seekingalpha","summary":"SummarySea Limited continues to extend its leadership across all its business segments with a blockb","content":"<p>Summary</p><ul><li>Sea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance.</li><li>Investors need to pay attention to its potential cash flow margins that could far exceed even AMZN and MELI.</li><li>At the current price, investors are getting a bargain even at the bear case of its fair value range with a DCF framework.</li></ul><p><img src=\"https://static.tigerbbs.com/04fbbc1a372c45d5d8e903015e5b0dfe\" tg-width=\"768\" tg-height=\"512\" referrerpolicy=\"no-referrer\">Photo by Wachiwit/iStock Editorial via Getty ImagesInvestment Thesis</p><p>Sea Limited (SE) has fallen about 13% from its all-time high. The company has continued to dominate its markets and looks certain to further extend its leadership position and expand its verticals to take even more market share away from its competitors. Investors should take advantage of the consolidation to initiate or add positions to this potential massive cash flow generator.</p><p><b>Earnings Review and What To Look Out For?</b></p><p>Sea Limited is the largest integrated Internet company in South East Asia, with operations spanning across gaming, e-commerce, and fintech.</p><p>The company’s recent Q1’21 results were another blockbuster across all business segments, demonstrating the company’s strong leadership and well-executed growth strategies towards itsvision:</p><blockquote>We think we stand in the best position to capitalize on the opportunity to build the largest consumer Internet ecosystem in the region. And we'll continue to focus on executing on our core businesses as well as building those ecosystems.</blockquote><p>As a reminder, for its e-commerce segment Shopee, Sea considers its region to comprise the following markets: Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia, and Singapore, of which Indonesia is the company’s largest market.</p><p>For its gaming segmentGarena, the company’s largest and growing markets comprise Southeast Asia, Taiwan, Brazil, Mexico, India, North America, Russia, and the Middle East.</p><p><img src=\"https://static.tigerbbs.com/932ec3694e935afbfa643e9c904ce964\" tg-width=\"1280\" tg-height=\"636\" referrerpolicy=\"no-referrer\">SE’s Quarterly Results. Data Source: S&amp;P Global Market Intelligence</p><p>Q1’21 YoY revenue growth accelerated to 146.7%. In fact, Q1’21 is the 11th consecutive quarter of &gt;100% YoY revenue growth. The company’s main revenue driverGarena recorded a 111.4% YoY rise, while Shopee and other services recorded a 189.8% YoY increase.</p><p>Gross margin also improved significantly compared to the prior year. Q1’21 gross margin came in at 36.6% as compared to 28.9% a year ago. In its respective segments, Garena’s gross margin also improved to 68.2% from 38.6% a year ago, while Shopee’s gross margin went up to 13.7% from 7.1% a year ago.</p><p><img src=\"https://static.tigerbbs.com/6d9651b44ee4d09b2dcf3d8c49e72213\" tg-width=\"1280\" tg-height=\"629\" referrerpolicy=\"no-referrer\"></p><p>SE’s LTM results. Data Source: S&amp;P Global Market Intelligence</p><p>Looking across the longer-term trend using the LTM basis, we could also see similar fantastic top line performance. LTM YoY revenue growth came in at 113.7%, and gross margin also improved to 33% compared to 30.4% a year ago. Therefore, investors should be encouraged to know that Sea’s top line performance has been consistently getting better and better even as it scaled up fast, improving its cost of revenue ratio, showing just how capable the company is in being able to execute its growth strategies across multiple countries within its region.</p><p>Investors may want to continue paying attention to the company’s sales and marketing spend as it still accounted for the majority of the operating expenses in both the Q and LTM results, respectively. More importantly, sales and marketing spend as a percentage of revenue has continued to fall as the company scaled up, reflecting improving cost efficiencies over time.</p><p><img src=\"https://static.tigerbbs.com/695523a022549fe176d5ac4f89f3c4cb\" tg-width=\"1004\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p>SE’s OPEX as a % of Revenue (LTM Trend). Data Source: S&amp;P Global Market Intelligence</p><p>This has certainly helped to improve the company’s overall cost efficiencies over time, showing clearly the benefits of economies of scale of the company’s business model. LTM sales and marketing spend improved to 40.6% of revenue from 43.3% a year ago, while LTM overall operating expenses improved to 59.9% of revenue from 67.4% a year ago.</p><p>This has helped to narrow the company’s LTM negative operating margin to -27% from -37%. Investors should be reminded not to focus on SE’s near-term operating margins as a gauge of the company’s core operating performance. This is because the company is still in the early stages (despite growing so rapidly) of penetrating Southeast Asia’s massive e-commerce market, of which it is the clear leader currently. The company is expected to continue investing heavily in sales and marketing, in order to drive the massive potential for growth in the region and to establish itself as the future undisputed e-commerce leader in the region taking the large majority of the pie, leaving the rest of its competitors to only be able to compete in their much smaller respective niche market segments, just like what Amazon (AMZN) had done in its established markets.</p><p>In fact, Sea’s CEOForrest Li, who was named “Singapore Businessman of the Year at the 35th Singapore Business Awards in Nov 20” added:</p><blockquote>Let me put it this way, it (Shopee) can be profitable anytime. But I think what's really important to us is we think it's still very early days for e-commerce development. We are in a very good situation because Garena has been profitable - actually it's pretty profitable, and this gives us the resources to invest in Shopee, invest in SeaMoney. I think pretty soon, Shopee will turn to be profitable as well. In certain markets, like Taiwan, it's already profitable. And then we will have more resources; two cash flow generators: Garena and Shopee. This allows us to continually invest in future opportunities.</blockquote><p>I have previously discussed (articles listedhereandhere) how important it is for investors to focus on cash flows for companies with massive scalability potential like Coupang (CPNG) and Opendoor Technologies (OPEN) which are still in their early days of penetrating their respective markets.</p><p>It is the same focus for Sea as we attempt to delve deeper into its cash flow generating ability. Sea uses Adjusted EBITDA to report its cash flow performance. I will present the discussion from FCF and EBITDA point of view first as a matter of consistency, before going over to the Adjusted EBITDA metrics.</p><p><img src=\"https://static.tigerbbs.com/ae1db2d81fcf921eaba649f93cbbf9e0\" tg-width=\"1280\" tg-height=\"601\" referrerpolicy=\"no-referrer\"></p><p>SE’s LTM CFO Margin and LTM FCF Margin. Data Source: S&amp;P Global Market Intelligence</p><p>A quick glance over to its cash flow statement unveiled just how well-performing SE has been with its cash flow management. In fact, SE’s CFO and FCF performance has been improving remarkably over time as it scaled up quickly, and the company is just getting started. Its LTM CFO margins have been steadily improving over the previous year from -5.36% to 17.28% for the Q1’21 quarter. In addition, its LTM FCF margins also improved steadily over the previous year from -13.4% to 11.08%.</p><p><img src=\"https://static.tigerbbs.com/2c3f20175798dec1212a5aac70feb8cc\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"></p><p>SE’s EBITDA Margin &amp; EBIT Margin. Data Source: S&amp;P Global Market Intelligence</p><p>When we move over to its EBITDA margins, the improvement in trend of its core operating performance is also clearly discernible. Although it has yet to turn EBITDA positive, it was due mainly to necessary investments in sales and marketing.</p><p><img src=\"https://static.tigerbbs.com/5b82c3c4bf6f1a5698e05c68eaddbe2e\" tg-width=\"1280\" tg-height=\"819\" referrerpolicy=\"no-referrer\"></p><p><b>SE’s CapEx Margin &amp; CFO Margin. Data Source: S&amp;P Global Market Intelligence</b></p><p>SE has also benefited from the huge improvement in its core operating performance as seen in its CFO margin trend, while its heavy earlier CapEx investments have started to bear fruit as it scaled, as the CapEx margin is trending lower, and its CFO will now be able to sustain its CapEx moving forward.</p><p>It’s very clear that SE’s business has well cleared its inflection point of heavy investments to scale up, and the company is well on its way to generate huge cash flows in the future as it continues to power ahead in its market penetration.</p><p><img src=\"https://static.tigerbbs.com/88fb528aaddb4c6a12d219ac9c2e9f64\" tg-width=\"1280\" tg-height=\"730\" referrerpolicy=\"no-referrer\"></p><p>SE’s EBITDA Margin Forecast &amp; CapEx Margin Forecast. Data Source: S&amp;P Global Market Intelligence</p><p>Moving ahead, we can also see that SE’s forward EBITDA margin trend is expected to significantly expand, while CapEx margin is expected to continue to fall. The company is on track to be a massive cash flow generator, with EBITDA margin expected to be about 43.8% by FY 30. Therefore, investors must be aligned with Sea’s long-term vision of focusing on growing its cash flows as it continues to penetrate the region’s markets. Based on its current growth trajectory, SE’s cash flow generating potential looks massive.</p><p><img src=\"https://static.tigerbbs.com/46dd783ffd94d877ef749555e8869764\" tg-width=\"1280\" tg-height=\"735\" referrerpolicy=\"no-referrer\"></p><p>AMZN’s &amp; SE’s EBITDA Margin Forecast &amp; CapEx Margin Forecast. Data Source: S&amp;P Global Market Intelligence</p><p>When we bring in AMZN’s forecasts, I believe investors can clearly see what I mean. AMZN is already quite profitable based on its EBITDA margin, while SE’s EBITDA margin profitability is probably just getting started and SE is expected to grow its EBITDA margins much faster than AMZN, and this only goes to show the tremendous potential of the markets that SE is operating in. Investors are clearly reminded to give Shopee time to scale up to deliver the kind of cash flow profitability that will drive future returns.</p><p><img src=\"https://static.tigerbbs.com/37f1f59f3a8d0e8ef6e74b521330d9f7\" tg-width=\"1280\" tg-height=\"714\" referrerpolicy=\"no-referrer\">SE’s Adjusted EBITDA. Source: SE 6-K</p><p>As we move on to the segmented Adjusted EBITDA presented by the company, we can then infer what SE CEO Forrest Li meant by “Garena providing the resources for the company to invest in Shopee and SeaMoney.”</p><p>The company is continuing to build on Garena’s success to deliver the resources needed to invest in Shopee and SeaMoney. Investors should consider Shopee and SeaMoney as an entity because they have tremendous synergies and are each other’s flywheel. Garena offers clear cash flow visibility for Shopee and SeaMoney to grow.</p><p>Garena’s bookings reached $1.1B in Q1’21, which represents a 117.4% YoY increase. The bookings consist of current revenue and change in deferred revenue, the part which provides visibility into future revenue recognition.</p><p>As can be seen, based on Adjusted EBITDA, which also included change in deferred revenue, SE has turned profitable. Unlike many other e-commerce companies or internet companies, SE already has a cash flow profitable Garena segment to provide the resources to drive its e-commerce and fintech segment growth. This combination is extremely powerful and, coupled with the company’s remarkable execution, has already brought FCF profitability to its operations, and soon EBITDA profitable. This will certainly allow SE to push even harder to drive more sustainable investments into more verticals and products to expand its ecosystem and further reduce the share of the pie available and pull itself further away from its closest competitors.</p><p>Therefore, investors must continue to pay attention to the key growth drivers in Garena, and how the company intends to stretch its leadership further to protect its key cash flow generator until Shopee and SeaMoney become self-sustainable.</p><p><img src=\"https://static.tigerbbs.com/3291643e2334f5cf171810ba13d16ca2\" tg-width=\"1100\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p><p>Shopee’s Adjusted EBITDA per order. Source:Techinasia</p><p>As Shopee continues to drive its fast expansion across the region, its unit economics have continued to improve remarkably, as it achieved operating efficiencies over time, leading to further reductions in Adjusted EBITDA loss per order. For Q1’21, the Adjusted EBITDA loss per order improved to $0.38, which represents a 38% YoY decline. As the company has guided earlier, it would not be long before Shopee achieves self-sustaining EBITDA profitability.</p><p><b>What’s Next for Garena?</b></p><p>At the Pocket Gamer Awards 2021, Garena received the Best Mobile Publisher Award, and Free Fire was also named the Best Battle Royale Game.</p><p>Yet, according to the company, Garena’s most popular self-developedFree Fireis</p><blockquote>still at an early stage of driving growth on the user base as well as pay user base for this game and developing it into a social platform where people not only come to play the core gameplay, but also enjoy other modes hangout, listen to music, social lives.”</blockquote><p>The company’s focus on Free Fire is notable as it is Garena’s most important revenue driver. Therefore the ability to scale Free Fire beyond just a game but into a social platform would bring Free Fire into its next phase of growth while continuing to grow its active user base and paying users. Sea also emphasized that the company continues to see “stickiness” in its active user metrics as the average active user spends about 2 to 3 hours daily on its platform. Not only has Garena grown its quarterly paying users 123.5% YoY, its quarterly paying users also represented 12.3% of quarterly active users (QAU) for Q1’21 as compared to 8.9% a year ago. Therefore driving the stickiness of the platform and encouraging more time spent among its active users would help to drive its paying user ratio up.</p><p>Sea believes that one of the key factors that could help to drive Garena towards its vision of a social platform is dramatically increasing its modes of engagement with its users. This is not just restricted to online activities, but also offline community engagement programs. The whole intent is to develop a “broad-based platform stickiness” beyond its top active users, by building and growing the platform into a much larger community and provide the users ample opportunities to socialize and engage through its ongoing content development, and its promotion of community engagement.</p><p>A key aspect of its community engagement strategies is focused on eSports. Sea believes that it operates the “largest mobile-game professional league in Southeast Asia, Taiwan and Brazil” and Free Fire was also named the “eSports Mobile Game of the Year at the eSports Awards 2020”. (Source: SE 20-F). The company continues to hold very large-scale eSports tournaments and events to strengthen its community engagement strategies such as Free Fire League Latinoamerica 2021, and its flagship Garena World event in April. On the 28th May, theFree Fire World Series 2021 Singapore(FFWS 2021 SG), which is Free Fire’s most prestigious eSports tournament, will take place in Singapore with a massive prize pool of US2M. Sea is showing no signs of ever letting the company’s most important revenue driver and most profitable segment to slip through its grip. Instead, it continues to build on its success as the leading eSports organizer in its markets.</p><p>Garena is also looking way beyond the success of Free Fire and is constantly developing its games portfolio pipeline through constant R&amp;D and product development with its “significant number of our more than 1,000 in-house game developers globally are constantly working on new ideas, while we continue to engage with third-party game studios for collaboration on promising and complementary game development and publishing opportunities.” (Source: SE Q1’21 earnings transcript)</p><p><b>Expanding Shopee’s Global Footprint and Verticals</b></p><p>Sea is actively expanding its presence in LatAm’s largest e-commerce market:Brazil, taking on MercadoLibre (MELI) in its most important market and with eyes on the whole LatAm. Although Sea is a relatively new player in e-commerce, having set up Shopee only in2015, the company is no stranger to taking on big incumbents. Shopee has already unseated the incumbent Alibaba-backed (BABA)Lazadaas the number one e-commerce platform in Southeast Asia. In addition, in its most important market, Indonesia, the company has also unseated incumbent Tokopedia as the leader, and Shopee was also recently reported to be themost visited e-commerce websiteamong Indonesian consumers in 2020.</p><p>Sea further highlighted that the company continued to rank first in MAU and total time spent on apps in the shopping category across its markets in Southeast Asia, and in Indonesia it also recorded its fastest quarterly YoY growth rates on record. (Source: SE Q1’21 earnings transcript)</p><p>Therefore, Sea is an extremely well-managed company, capable of pulling off challenging growth strategies against other large incumbents. Don’t bet against Sea.</p><p>In addition, the company has also ventured into other verticals such as food delivery to expand its ecosystem. Sea sees food delivery as a complementary offering in Shopee. In Vietnam, Sea-owned food delivery service Now which it acquired in 2017 is already themarket leader, having unseated the incumbent Grab. The company also recently launched its food delivery service in Jakarta, Indonesia, with plans to launch into other cities in the future.</p><p><b>The SeaMoney Synergies</b></p><p>Sea’s fintech platform SeaMoney continues to see continued success and growth as mobile wallet services TPV recorded a YoY growth of almost 209% to $3.4B, as ShopeePay continues to ride on the coattails of Shopee’s rapid growth. The company also highlighted that according to Snapcart Indonesia’s survey in March, “ShopeePay was the most used, the most remembered and most liked mobile wallet by Indonesian consumers during the first quarter.” (Source: SE Q1’21 earnings transcript)</p><p>The company is also aggressively expanding its off-platform use cases by establishing “partnerships with major consumer brands in Indonesia, one of which is their partnership with Indomaret, a leading Indonesian convenience store chain, as well as with Wendy’s(NASDAQ:WEN)and Domino’s Pizza(NYSE:DPZ).”</p><p>The company has also continued to improve the utility within ShopeePay adding new features such as “Deals Near Me”, which was said to have driven “significant footfall to its onboarded offline merchants.”</p><p>The strategy of incorporating the higher-margin digital financial services products such as wealth management products is also within the pipeline and is a natural extension of its fintech strategy. Although I believe this may be the most challenging aspect among its growth strategies within SeaMoney as financial services is a highly regulated market and the Southeast Asia region’s regulatory landscape largely differs between countries. Yet, it is still a key area of growth within the company’s overall fintech blueprint.</p><p><b>GoTo: What Should Investors Look Out For In The Tokopedia And Gojek Merger?</b></p><p>Much has been said recently regarding the SoftBank(OTCPK:SFTBY)and Alibaba-backedmergerbetween Tokopedia and Gojek and the risks it may pose to Sea’s leadership.</p><p>What’s important for investors to note is that in my opinion, the move seems born out of a measure of “desperation” to save their own businesses from the growing prowess of Grab (AGC) and SE in Gojek’s case and SE in Tokopedia’s case who have been aggressively taking away their respective market share, eventually culminating in them losing their respective market leadership. Therefore, it’s a marriage of two “losing” incumbents who have failed to stem the charge of their strong and well-managed new market entrants in Sea and Grab. Sea and Grab are themselves no strangers to dislodging market-leading incumbents, with Grab having sentUber Technologies(UBER) packing home from Southeast Asia and BABA-backed Lazada getting overtaken by Sea in the Southeast Asian market.</p><p>Grab’s food delivery business was reported to account for 53% of Indonesia’s food delivery market, while its ride-hailing business was reported to account for 64% of the Indonesian ride-hailing market in2019. Grab sees Indonesia as the crown jewel in its Southeast Asian portfolio, with Grab CEOAnthony Tanreportedly having spent a lot of time in Indonesia to oversee its growth strategies. With Grab projected to turnEBITDA profitable by 2023, I feel Gojek may have already crucially lost the initiative to Grab.</p><p>Tokopedia, which was founded in 2009 had a head start of close to 6 years over Shopee, a huge amount of time in Tech before Shopee commenced operations in 2015. In just a short span of 6 years, not only has Tokopedia lost its leadership position to Shopee, ShopeePay has also overtaken all the other e-payment players in Indonesia in a mere two years, as ShopeePay now holds a38% share, well ahead of Grab-backed OVO and Gojek’s GoPay, both holding 19% share each. Remember the Shopee and ShopeePay’s synergies, it’s like a flywheel, each driving increased usage of the other, and leading further to increased GMV and TPV respectively. Shopee also reportedly understands Indonesian consumers’ needs better, especially among the female consumers as compared to Tokopedia according to a report byMomentum Works:</p><blockquote>For Shopee, fashion and beauty are the most popular product categories. On the other hand, Tokopedia is more established in mobile and electronics. This explains why many of the female Indonesians are going to Shopee instead. For mobile and electronics, you probably only buy them once or twice a year. For fashion and beauty, it’s a different story. You can buy it every other month and even if you do not buy, you browse a lot – sending traffic to the platform. Impulse buying is also common for these categories, which is just nice for an ecosystem of shoppers, products as well as influencers.</blockquote><p>With Sea having already turned Adjusted EBITDA profitable in Q1’21, the company is well ready to take on the challenges of this merger between the two incumbents, who may have already crucially lost their opportunities to “turn back time”, even with a merger that is perhaps too little too late.</p><p><b>Valuations</b></p><p><img src=\"https://static.tigerbbs.com/9af1f1703d974dcc9562883dc04d1f13\" tg-width=\"1134\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p><p>Peers EV / Fwd Rev. Data Source: S&amp;P Global Market Intelligence</p><p>With such huge potential growth coming from Sea’s markets, Sea obviously trades at a premium when compared to its e-commerce peers, if we simply base off their respective expected revenue growth.</p><p><img src=\"https://static.tigerbbs.com/3607c4899ac3e4b1beccce944f68a638\" tg-width=\"1280\" tg-height=\"728\" referrerpolicy=\"no-referrer\"></p><p>Peers’ EBITDA Margin Forecast &amp; CapEx Forecast. Data Source: S&amp;P Global Market Intelligence</p><p>However, when we peek into Sea’s superior future cash flow generating capability using its projected EBITDA margins, we can see that Sea is only just getting started.</p><p>Since the company is expected to produce predictable cash flows moving forward, I find it meaningful to conduct a DCF valuation framework to determine a range of fair values with the results presented below.</p><p>Based on the DCF framework, I find SE undervalued by about 26% at the midpoint of its fair value range, with respect to the stock price of $246.33 as at 21 May 21. Therefore, I find the price level highly attractive.</p><p><img src=\"https://static.tigerbbs.com/0e8d8cce67ca4c035e6314b345d5f05a\" tg-width=\"1280\" tg-height=\"277\" referrerpolicy=\"no-referrer\"></p><p>Range of Fair Values. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/84cb6fe959ae96e28a8f3a60146ec35f\" tg-width=\"1154\" tg-height=\"726\" referrerpolicy=\"no-referrer\"></p><p>WACC computation. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/8982fb5ac9e8bb059635b287f81fe221\" tg-width=\"1280\" tg-height=\"206\" referrerpolicy=\"no-referrer\"></p><p>Fwd Rev &amp; Fwd EBITDA. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/4e1e7da44b94ab543e888920747044ca\" tg-width=\"1172\" tg-height=\"934\" referrerpolicy=\"no-referrer\"></p><p>Unlevered FCF &amp; Enterprise Value. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/75f2f24a8f6afecdf6bf0644d9bf8423\" tg-width=\"1014\" tg-height=\"696\" referrerpolicy=\"no-referrer\"></p><p>Equity Value Bridge. Data Source: S&amp;P Global Market Intelligence</p><p><b>Price Action and Technical Analysis</b></p><p><img src=\"https://static.tigerbbs.com/bab4482ce4bebbe89bc6636f5d39f10d\" tg-width=\"1280\" tg-height=\"798\" referrerpolicy=\"no-referrer\">Source: TradingView</p><p>SE has been on a meteoric rise since Mar 20, and as at the date of writing (21 May 21), the stock was down by about 13% from its all-time high in Feb 21. The price level between $275 and $285 looks to be an area of key resistance and bull traps previously set to lure in late buyers.</p><p>Key support is at $200, with the 50-period MA also serving as a key dynamic support area. I may continue to add more positions into this stock if the price level retraces nearer to $200 at the next retracement.</p><p>Otherwise, investors who wish to initiate or add more positions may find the current price attractive.</p><p>Further key support levels are currently at $179 and $155, areas that I would likely add very aggressively if the price was to retrace to those areas.</p><p><b>Conclusion</b></p><p>Sea is a very well-managed and ambitious integrated Internet company that looks to be at the next phase of its rapid growth and profitability. Investors may wish to take advantage of the current consolidation phase to gain entry or add positions to this potentially massive cash flow machine.</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>Sea Limited Is Ready To Fire On All Cylinders</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\">\nSea Limited Is Ready To Fire On All Cylinders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4430755-sea-limited-stock-se-ready-to-fire-on-all-cylinders><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance.Investors need to pay attention to its potential cash flow margins that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4430755-sea-limited-stock-se-ready-to-fire-on-all-cylinders\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4430755-sea-limited-stock-se-ready-to-fire-on-all-cylinders","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1154364832","content_text":"SummarySea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance.Investors need to pay attention to its potential cash flow margins that could far exceed even AMZN and MELI.At the current price, investors are getting a bargain even at the bear case of its fair value range with a DCF framework.Photo by Wachiwit/iStock Editorial via Getty ImagesInvestment ThesisSea Limited (SE) has fallen about 13% from its all-time high. The company has continued to dominate its markets and looks certain to further extend its leadership position and expand its verticals to take even more market share away from its competitors. Investors should take advantage of the consolidation to initiate or add positions to this potential massive cash flow generator.Earnings Review and What To Look Out For?Sea Limited is the largest integrated Internet company in South East Asia, with operations spanning across gaming, e-commerce, and fintech.The company’s recent Q1’21 results were another blockbuster across all business segments, demonstrating the company’s strong leadership and well-executed growth strategies towards itsvision:We think we stand in the best position to capitalize on the opportunity to build the largest consumer Internet ecosystem in the region. And we'll continue to focus on executing on our core businesses as well as building those ecosystems.As a reminder, for its e-commerce segment Shopee, Sea considers its region to comprise the following markets: Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia, and Singapore, of which Indonesia is the company’s largest market.For its gaming segmentGarena, the company’s largest and growing markets comprise Southeast Asia, Taiwan, Brazil, Mexico, India, North America, Russia, and the Middle East.SE’s Quarterly Results. Data Source: S&P Global Market IntelligenceQ1’21 YoY revenue growth accelerated to 146.7%. In fact, Q1’21 is the 11th consecutive quarter of >100% YoY revenue growth. The company’s main revenue driverGarena recorded a 111.4% YoY rise, while Shopee and other services recorded a 189.8% YoY increase.Gross margin also improved significantly compared to the prior year. Q1’21 gross margin came in at 36.6% as compared to 28.9% a year ago. In its respective segments, Garena’s gross margin also improved to 68.2% from 38.6% a year ago, while Shopee’s gross margin went up to 13.7% from 7.1% a year ago.SE’s LTM results. Data Source: S&P Global Market IntelligenceLooking across the longer-term trend using the LTM basis, we could also see similar fantastic top line performance. LTM YoY revenue growth came in at 113.7%, and gross margin also improved to 33% compared to 30.4% a year ago. Therefore, investors should be encouraged to know that Sea’s top line performance has been consistently getting better and better even as it scaled up fast, improving its cost of revenue ratio, showing just how capable the company is in being able to execute its growth strategies across multiple countries within its region.Investors may want to continue paying attention to the company’s sales and marketing spend as it still accounted for the majority of the operating expenses in both the Q and LTM results, respectively. More importantly, sales and marketing spend as a percentage of revenue has continued to fall as the company scaled up, reflecting improving cost efficiencies over time.SE’s OPEX as a % of Revenue (LTM Trend). Data Source: S&P Global Market IntelligenceThis has certainly helped to improve the company’s overall cost efficiencies over time, showing clearly the benefits of economies of scale of the company’s business model. LTM sales and marketing spend improved to 40.6% of revenue from 43.3% a year ago, while LTM overall operating expenses improved to 59.9% of revenue from 67.4% a year ago.This has helped to narrow the company’s LTM negative operating margin to -27% from -37%. Investors should be reminded not to focus on SE’s near-term operating margins as a gauge of the company’s core operating performance. This is because the company is still in the early stages (despite growing so rapidly) of penetrating Southeast Asia’s massive e-commerce market, of which it is the clear leader currently. The company is expected to continue investing heavily in sales and marketing, in order to drive the massive potential for growth in the region and to establish itself as the future undisputed e-commerce leader in the region taking the large majority of the pie, leaving the rest of its competitors to only be able to compete in their much smaller respective niche market segments, just like what Amazon (AMZN) had done in its established markets.In fact, Sea’s CEOForrest Li, who was named “Singapore Businessman of the Year at the 35th Singapore Business Awards in Nov 20” added:Let me put it this way, it (Shopee) can be profitable anytime. But I think what's really important to us is we think it's still very early days for e-commerce development. We are in a very good situation because Garena has been profitable - actually it's pretty profitable, and this gives us the resources to invest in Shopee, invest in SeaMoney. I think pretty soon, Shopee will turn to be profitable as well. In certain markets, like Taiwan, it's already profitable. And then we will have more resources; two cash flow generators: Garena and Shopee. This allows us to continually invest in future opportunities.I have previously discussed (articles listedhereandhere) how important it is for investors to focus on cash flows for companies with massive scalability potential like Coupang (CPNG) and Opendoor Technologies (OPEN) which are still in their early days of penetrating their respective markets.It is the same focus for Sea as we attempt to delve deeper into its cash flow generating ability. Sea uses Adjusted EBITDA to report its cash flow performance. I will present the discussion from FCF and EBITDA point of view first as a matter of consistency, before going over to the Adjusted EBITDA metrics.SE’s LTM CFO Margin and LTM FCF Margin. Data Source: S&P Global Market IntelligenceA quick glance over to its cash flow statement unveiled just how well-performing SE has been with its cash flow management. In fact, SE’s CFO and FCF performance has been improving remarkably over time as it scaled up quickly, and the company is just getting started. Its LTM CFO margins have been steadily improving over the previous year from -5.36% to 17.28% for the Q1’21 quarter. In addition, its LTM FCF margins also improved steadily over the previous year from -13.4% to 11.08%.SE’s EBITDA Margin & EBIT Margin. Data Source: S&P Global Market IntelligenceWhen we move over to its EBITDA margins, the improvement in trend of its core operating performance is also clearly discernible. Although it has yet to turn EBITDA positive, it was due mainly to necessary investments in sales and marketing.SE’s CapEx Margin & CFO Margin. Data Source: S&P Global Market IntelligenceSE has also benefited from the huge improvement in its core operating performance as seen in its CFO margin trend, while its heavy earlier CapEx investments have started to bear fruit as it scaled, as the CapEx margin is trending lower, and its CFO will now be able to sustain its CapEx moving forward.It’s very clear that SE’s business has well cleared its inflection point of heavy investments to scale up, and the company is well on its way to generate huge cash flows in the future as it continues to power ahead in its market penetration.SE’s EBITDA Margin Forecast & CapEx Margin Forecast. Data Source: S&P Global Market IntelligenceMoving ahead, we can also see that SE’s forward EBITDA margin trend is expected to significantly expand, while CapEx margin is expected to continue to fall. The company is on track to be a massive cash flow generator, with EBITDA margin expected to be about 43.8% by FY 30. Therefore, investors must be aligned with Sea’s long-term vision of focusing on growing its cash flows as it continues to penetrate the region’s markets. Based on its current growth trajectory, SE’s cash flow generating potential looks massive.AMZN’s & SE’s EBITDA Margin Forecast & CapEx Margin Forecast. Data Source: S&P Global Market IntelligenceWhen we bring in AMZN’s forecasts, I believe investors can clearly see what I mean. AMZN is already quite profitable based on its EBITDA margin, while SE’s EBITDA margin profitability is probably just getting started and SE is expected to grow its EBITDA margins much faster than AMZN, and this only goes to show the tremendous potential of the markets that SE is operating in. Investors are clearly reminded to give Shopee time to scale up to deliver the kind of cash flow profitability that will drive future returns.SE’s Adjusted EBITDA. Source: SE 6-KAs we move on to the segmented Adjusted EBITDA presented by the company, we can then infer what SE CEO Forrest Li meant by “Garena providing the resources for the company to invest in Shopee and SeaMoney.”The company is continuing to build on Garena’s success to deliver the resources needed to invest in Shopee and SeaMoney. Investors should consider Shopee and SeaMoney as an entity because they have tremendous synergies and are each other’s flywheel. Garena offers clear cash flow visibility for Shopee and SeaMoney to grow.Garena’s bookings reached $1.1B in Q1’21, which represents a 117.4% YoY increase. The bookings consist of current revenue and change in deferred revenue, the part which provides visibility into future revenue recognition.As can be seen, based on Adjusted EBITDA, which also included change in deferred revenue, SE has turned profitable. Unlike many other e-commerce companies or internet companies, SE already has a cash flow profitable Garena segment to provide the resources to drive its e-commerce and fintech segment growth. This combination is extremely powerful and, coupled with the company’s remarkable execution, has already brought FCF profitability to its operations, and soon EBITDA profitable. This will certainly allow SE to push even harder to drive more sustainable investments into more verticals and products to expand its ecosystem and further reduce the share of the pie available and pull itself further away from its closest competitors.Therefore, investors must continue to pay attention to the key growth drivers in Garena, and how the company intends to stretch its leadership further to protect its key cash flow generator until Shopee and SeaMoney become self-sustainable.Shopee’s Adjusted EBITDA per order. Source:TechinasiaAs Shopee continues to drive its fast expansion across the region, its unit economics have continued to improve remarkably, as it achieved operating efficiencies over time, leading to further reductions in Adjusted EBITDA loss per order. For Q1’21, the Adjusted EBITDA loss per order improved to $0.38, which represents a 38% YoY decline. As the company has guided earlier, it would not be long before Shopee achieves self-sustaining EBITDA profitability.What’s Next for Garena?At the Pocket Gamer Awards 2021, Garena received the Best Mobile Publisher Award, and Free Fire was also named the Best Battle Royale Game.Yet, according to the company, Garena’s most popular self-developedFree Fireisstill at an early stage of driving growth on the user base as well as pay user base for this game and developing it into a social platform where people not only come to play the core gameplay, but also enjoy other modes hangout, listen to music, social lives.”The company’s focus on Free Fire is notable as it is Garena’s most important revenue driver. Therefore the ability to scale Free Fire beyond just a game but into a social platform would bring Free Fire into its next phase of growth while continuing to grow its active user base and paying users. Sea also emphasized that the company continues to see “stickiness” in its active user metrics as the average active user spends about 2 to 3 hours daily on its platform. Not only has Garena grown its quarterly paying users 123.5% YoY, its quarterly paying users also represented 12.3% of quarterly active users (QAU) for Q1’21 as compared to 8.9% a year ago. Therefore driving the stickiness of the platform and encouraging more time spent among its active users would help to drive its paying user ratio up.Sea believes that one of the key factors that could help to drive Garena towards its vision of a social platform is dramatically increasing its modes of engagement with its users. This is not just restricted to online activities, but also offline community engagement programs. The whole intent is to develop a “broad-based platform stickiness” beyond its top active users, by building and growing the platform into a much larger community and provide the users ample opportunities to socialize and engage through its ongoing content development, and its promotion of community engagement.A key aspect of its community engagement strategies is focused on eSports. Sea believes that it operates the “largest mobile-game professional league in Southeast Asia, Taiwan and Brazil” and Free Fire was also named the “eSports Mobile Game of the Year at the eSports Awards 2020”. (Source: SE 20-F). The company continues to hold very large-scale eSports tournaments and events to strengthen its community engagement strategies such as Free Fire League Latinoamerica 2021, and its flagship Garena World event in April. On the 28th May, theFree Fire World Series 2021 Singapore(FFWS 2021 SG), which is Free Fire’s most prestigious eSports tournament, will take place in Singapore with a massive prize pool of US2M. Sea is showing no signs of ever letting the company’s most important revenue driver and most profitable segment to slip through its grip. Instead, it continues to build on its success as the leading eSports organizer in its markets.Garena is also looking way beyond the success of Free Fire and is constantly developing its games portfolio pipeline through constant R&D and product development with its “significant number of our more than 1,000 in-house game developers globally are constantly working on new ideas, while we continue to engage with third-party game studios for collaboration on promising and complementary game development and publishing opportunities.” (Source: SE Q1’21 earnings transcript)Expanding Shopee’s Global Footprint and VerticalsSea is actively expanding its presence in LatAm’s largest e-commerce market:Brazil, taking on MercadoLibre (MELI) in its most important market and with eyes on the whole LatAm. Although Sea is a relatively new player in e-commerce, having set up Shopee only in2015, the company is no stranger to taking on big incumbents. Shopee has already unseated the incumbent Alibaba-backed (BABA)Lazadaas the number one e-commerce platform in Southeast Asia. In addition, in its most important market, Indonesia, the company has also unseated incumbent Tokopedia as the leader, and Shopee was also recently reported to be themost visited e-commerce websiteamong Indonesian consumers in 2020.Sea further highlighted that the company continued to rank first in MAU and total time spent on apps in the shopping category across its markets in Southeast Asia, and in Indonesia it also recorded its fastest quarterly YoY growth rates on record. (Source: SE Q1’21 earnings transcript)Therefore, Sea is an extremely well-managed company, capable of pulling off challenging growth strategies against other large incumbents. Don’t bet against Sea.In addition, the company has also ventured into other verticals such as food delivery to expand its ecosystem. Sea sees food delivery as a complementary offering in Shopee. In Vietnam, Sea-owned food delivery service Now which it acquired in 2017 is already themarket leader, having unseated the incumbent Grab. The company also recently launched its food delivery service in Jakarta, Indonesia, with plans to launch into other cities in the future.The SeaMoney SynergiesSea’s fintech platform SeaMoney continues to see continued success and growth as mobile wallet services TPV recorded a YoY growth of almost 209% to $3.4B, as ShopeePay continues to ride on the coattails of Shopee’s rapid growth. The company also highlighted that according to Snapcart Indonesia’s survey in March, “ShopeePay was the most used, the most remembered and most liked mobile wallet by Indonesian consumers during the first quarter.” (Source: SE Q1’21 earnings transcript)The company is also aggressively expanding its off-platform use cases by establishing “partnerships with major consumer brands in Indonesia, one of which is their partnership with Indomaret, a leading Indonesian convenience store chain, as well as with Wendy’s(NASDAQ:WEN)and Domino’s Pizza(NYSE:DPZ).”The company has also continued to improve the utility within ShopeePay adding new features such as “Deals Near Me”, which was said to have driven “significant footfall to its onboarded offline merchants.”The strategy of incorporating the higher-margin digital financial services products such as wealth management products is also within the pipeline and is a natural extension of its fintech strategy. Although I believe this may be the most challenging aspect among its growth strategies within SeaMoney as financial services is a highly regulated market and the Southeast Asia region’s regulatory landscape largely differs between countries. Yet, it is still a key area of growth within the company’s overall fintech blueprint.GoTo: What Should Investors Look Out For In The Tokopedia And Gojek Merger?Much has been said recently regarding the SoftBank(OTCPK:SFTBY)and Alibaba-backedmergerbetween Tokopedia and Gojek and the risks it may pose to Sea’s leadership.What’s important for investors to note is that in my opinion, the move seems born out of a measure of “desperation” to save their own businesses from the growing prowess of Grab (AGC) and SE in Gojek’s case and SE in Tokopedia’s case who have been aggressively taking away their respective market share, eventually culminating in them losing their respective market leadership. Therefore, it’s a marriage of two “losing” incumbents who have failed to stem the charge of their strong and well-managed new market entrants in Sea and Grab. Sea and Grab are themselves no strangers to dislodging market-leading incumbents, with Grab having sentUber Technologies(UBER) packing home from Southeast Asia and BABA-backed Lazada getting overtaken by Sea in the Southeast Asian market.Grab’s food delivery business was reported to account for 53% of Indonesia’s food delivery market, while its ride-hailing business was reported to account for 64% of the Indonesian ride-hailing market in2019. Grab sees Indonesia as the crown jewel in its Southeast Asian portfolio, with Grab CEOAnthony Tanreportedly having spent a lot of time in Indonesia to oversee its growth strategies. With Grab projected to turnEBITDA profitable by 2023, I feel Gojek may have already crucially lost the initiative to Grab.Tokopedia, which was founded in 2009 had a head start of close to 6 years over Shopee, a huge amount of time in Tech before Shopee commenced operations in 2015. In just a short span of 6 years, not only has Tokopedia lost its leadership position to Shopee, ShopeePay has also overtaken all the other e-payment players in Indonesia in a mere two years, as ShopeePay now holds a38% share, well ahead of Grab-backed OVO and Gojek’s GoPay, both holding 19% share each. Remember the Shopee and ShopeePay’s synergies, it’s like a flywheel, each driving increased usage of the other, and leading further to increased GMV and TPV respectively. Shopee also reportedly understands Indonesian consumers’ needs better, especially among the female consumers as compared to Tokopedia according to a report byMomentum Works:For Shopee, fashion and beauty are the most popular product categories. On the other hand, Tokopedia is more established in mobile and electronics. This explains why many of the female Indonesians are going to Shopee instead. For mobile and electronics, you probably only buy them once or twice a year. For fashion and beauty, it’s a different story. You can buy it every other month and even if you do not buy, you browse a lot – sending traffic to the platform. Impulse buying is also common for these categories, which is just nice for an ecosystem of shoppers, products as well as influencers.With Sea having already turned Adjusted EBITDA profitable in Q1’21, the company is well ready to take on the challenges of this merger between the two incumbents, who may have already crucially lost their opportunities to “turn back time”, even with a merger that is perhaps too little too late.ValuationsPeers EV / Fwd Rev. Data Source: S&P Global Market IntelligenceWith such huge potential growth coming from Sea’s markets, Sea obviously trades at a premium when compared to its e-commerce peers, if we simply base off their respective expected revenue growth.Peers’ EBITDA Margin Forecast & CapEx Forecast. Data Source: S&P Global Market IntelligenceHowever, when we peek into Sea’s superior future cash flow generating capability using its projected EBITDA margins, we can see that Sea is only just getting started.Since the company is expected to produce predictable cash flows moving forward, I find it meaningful to conduct a DCF valuation framework to determine a range of fair values with the results presented below.Based on the DCF framework, I find SE undervalued by about 26% at the midpoint of its fair value range, with respect to the stock price of $246.33 as at 21 May 21. Therefore, I find the price level highly attractive.Range of Fair Values. Data Source: S&P Global Market IntelligenceWACC computation. Data Source: S&P Global Market IntelligenceFwd Rev & Fwd EBITDA. Data Source: S&P Global Market IntelligenceUnlevered FCF & Enterprise Value. Data Source: S&P Global Market IntelligenceEquity Value Bridge. Data Source: S&P Global Market IntelligencePrice Action and Technical AnalysisSource: TradingViewSE has been on a meteoric rise since Mar 20, and as at the date of writing (21 May 21), the stock was down by about 13% from its all-time high in Feb 21. The price level between $275 and $285 looks to be an area of key resistance and bull traps previously set to lure in late buyers.Key support is at $200, with the 50-period MA also serving as a key dynamic support area. I may continue to add more positions into this stock if the price level retraces nearer to $200 at the next retracement.Otherwise, investors who wish to initiate or add more positions may find the current price attractive.Further key support levels are currently at $179 and $155, areas that I would likely add very aggressively if the price was to retrace to those areas.ConclusionSea is a very well-managed and ambitious integrated Internet company that looks to be at the next phase of its rapid growth and profitability. Investors may wish to take advantage of the current consolidation phase to gain entry or add positions to this potentially massive cash flow machine.","news_type":1},"isVote":1,"tweetType":1,"viewCount":626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194053283,"gmtCreate":1621328157742,"gmtModify":1704355850625,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Up up&nbsp;","listText":"Up up&nbsp;","text":"Up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/194053283","repostId":"1187982931","repostType":4,"repost":{"id":"1187982931","pubTimestamp":1621295030,"share":"https://ttm.financial/m/news/1187982931?lang=&edition=fundamental","pubTime":"2021-05-18 07:43","market":"us","language":"en","title":"Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1187982931","media":"CNBC","summary":"Famed investor Michael Burry on Monday revealed in a regulatory filing a short position againstTeslaworth more than half a billion.Burry, one of the first investors to call and profit from the subprime mortgage crisis, is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to the filing with the U.S. Securities and Exchange Commission.Investors profit from puts when the underlying securities fall in prices. As of March 31, Burry owned 8,001 put co","content":"<div>\n<p>Famed investor Michael Burry on Monday revealed in a regulatory filing a short position againstTeslaworth more than half a billion.\nBurry, one of the first investors to call and profit from the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Michael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla</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\">\nMichael Burry of ‘The Big Short’ reveals a $530 million bet against Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Famed investor Michael Burry on Monday revealed in a regulatory filing a short position againstTeslaworth more than half a billion.\nBurry, one of the first investors to call and profit from the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/05/17/michael-burry-of-the-big-short-reveals-a-530-million-bet-against-tesla.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1187982931","content_text":"Famed investor Michael Burry on Monday revealed in a regulatory filing a short position againstTeslaworth more than half a billion.\nBurry, one of the first investors to call and profit from the subprime mortgage crisis, is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to the filing with the U.S. Securities and Exchange Commission.\nInvestors profit from puts when the underlying securities fall in prices. As of March 31, Burry owned 8,001 put contracts, with unknown value, strike price, or expiry, according to the filing.\nShares of Tesla fell more than 4% on Monday, bringing its month-to-date losses to nearly 20%.\nBurry, whose firm is Scion Asset Management, shot to fame by betting against mortgage securities before the 2008 crisis. Burry was depicted in Michael Lewis' book \"The Big Short\" and the subsequent Oscar-winning movie of the same name.\nTesla has had a turbulent 2021 amid slumping sales in China in April, and parts shortages that have impeded production both in the U.S. and China.\n\nBurry previously mentioned in a tweet, which he later deleted, that Tesla's reliance on regulatory credits to generate profits is a red flag.\nAs more automakers produce battery-electric vehicles of their own, ostensibly fewer will need to purchase environmental regulatory credits from Tesla, which they have done in order to become compliant with environmental regulations.\nBesides his \"Big Short,\" Burry made a killing from along GameStop position recentlyas the Reddit favorite made Wall Street history with its massive short squeeze.\nIn thefirst quarter of 2021, Tesla reported $518 million in sales of regulatory credits, whichElon Musk's company generally receives from government programs to support renewable energy. It has sold these to other automakers, notably FCA (now Stellantis) when they needed credits to offset their own carbon footprint.\nIn thefourth quarter of 2020, Tesla's $270 million in net income was enabled by its sale of $401 million in regulatory credits to other automakers.\nTesla historically has racked up around $1.6 billion in regulatory energy credits, primarily zero emission vehicle credits, which helped the company report more than four consecutive quarters of profitability, qualifying the automaker for addition to the S&P 500 index.\nTesla is currently delayed in producing and delivering its updated versions of its high-end sedan and SUV, the Model S and X. And it is delayed in commercial production of its custom-designed \"4680\" battery cells for use in forthcoming vehicles, including the Cybertruck and Tesla Semi.\nMeanwhile, Musk's electric vehicle venture is facing regulatory scrutiny in China and the U.S. with high-profile vehicle crashes leading to negative publicity and investigations by vehicle safety authorities in both nations.\nMany believe that CEO Musk'stweets about bitcoinand dogecoin have also contributed to the volatility in Tesla's stock. Musk has tens of millions of followers on Twitter.\nMusk, a proponent of cryptocurrency generally, announced last week that Tesla was indefinitely suspending the acceptance of bitcoin as a payment for cars, saying he was concerned by the \"rapidly increasing use of fossil fuels for Bitcoin mining and transactions.\" Tesla revealed earlier this year that it bought $1.5 billion worth of bitcoin.\nTesla shares have dropped nearly 20% in 2021 after surging a whopping 740% in 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106228402,"gmtCreate":1620126265206,"gmtModify":1704338983844,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106228402","repostId":"1119027537","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108071619,"gmtCreate":1619968247831,"gmtModify":1704336862266,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Nio?&nbsp;","listText":"Nio?&nbsp;","text":"Nio?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/108071619","repostId":"1137943982","repostType":4,"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370195554,"gmtCreate":1618560809078,"gmtModify":1704712733059,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Wau&nbsp;","listText":"Wau&nbsp;","text":"Wau","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370195554","repostId":"1176797324","repostType":4,"repost":{"id":"1176797324","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":1618500878,"share":"https://ttm.financial/m/news/1176797324?lang=&edition=fundamental","pubTime":"2021-04-15 23:34","market":"us","language":"en","title":"AMD rose about 4% in morning  trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1176797324","media":"Tiger Newspress","summary":" Seeing it unlikely that Intel will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices with an Outperformrating and $100 price target.Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.Caso says the current roadmaps show an advantage for AMD and foundry partner TSMC through at least 2024","content":"<p>(April 15)&nbsp;Seeing it unlikely that Intel&nbsp;will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD)&nbsp;with an Outperformrating and $100 price target.</p><p>Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.</p><p>Caso says the current roadmaps show an advantage for AMD&nbsp;and foundry partner TSMC&nbsp;through at least 2024.</p><p>AMD&nbsp;shares are&nbsp;up 4.1%&nbsp;to $81.77.</p><p>Raymond James downgraded Intel, bearish on thefoundry push.</p><p><img src=\"https://static.tigerbbs.com/3306c7bcf6759c07b50e1e336e351292\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b5e1cc67b2dbef65f87d6acdee47b05\" tg-width=\"921\" tg-height=\"93\" referrerpolicy=\"no-referrer\"></p><p></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>AMD rose about 4% in morning  trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD rose about 4% in morning  trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-15 23:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15)&nbsp;Seeing it unlikely that Intel&nbsp;will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD)&nbsp;with an Outperformrating and $100 price target.</p><p>Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.</p><p>Caso says the current roadmaps show an advantage for AMD&nbsp;and foundry partner TSMC&nbsp;through at least 2024.</p><p>AMD&nbsp;shares are&nbsp;up 4.1%&nbsp;to $81.77.</p><p>Raymond James downgraded Intel, bearish on thefoundry push.</p><p><img src=\"https://static.tigerbbs.com/3306c7bcf6759c07b50e1e336e351292\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b5e1cc67b2dbef65f87d6acdee47b05\" tg-width=\"921\" tg-height=\"93\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176797324","content_text":"(April 15) Seeing it unlikely that Intel will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD) with an Outperformrating and $100 price target.Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.Caso says the current roadmaps show an advantage for AMD and foundry partner TSMC through at least 2024.AMD shares are up 4.1% to $81.77.Raymond James downgraded Intel, bearish on thefoundry push.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346073446,"gmtCreate":1617977321785,"gmtModify":1704705572151,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Consolidating? Or down trend&nbsp;","listText":"Consolidating? Or down trend&nbsp;","text":"Consolidating? Or down trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/346073446","repostId":"1133841778","repostType":4,"repost":{"id":"1133841778","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":1617977105,"share":"https://ttm.financial/m/news/1133841778?lang=&edition=fundamental","pubTime":"2021-04-09 22:05","market":"us","language":"en","title":"EV Stocks underperformed","url":"https://stock-news.laohu8.com/highlight/detail?id=1133841778","media":"Tiger Newspress","summary":"EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.","content":"<p>EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.</p><p><img src=\"https://static.tigerbbs.com/8b61fa5fb6129f3dc72addb8c9abf0ea\" tg-width=\"422\" tg-height=\"240\" referrerpolicy=\"no-referrer\"></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>EV Stocks underperformed</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\">\nEV Stocks underperformed\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\">2021-04-09 22:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.</p><p><img src=\"https://static.tigerbbs.com/8b61fa5fb6129f3dc72addb8c9abf0ea\" tg-width=\"422\" tg-height=\"240\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","XPEV":"小鹏汽车","LI":"理想汽车","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133841778","content_text":"EV Stocks underperformed in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349328513,"gmtCreate":1617548462432,"gmtModify":1704700361971,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Will？","listText":"Will？","text":"Will？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349328513","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</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>How Likely Is a Stock Market Crash?</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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389219526,"gmtCreate":1612776928465,"gmtModify":1704874033551,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>??","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>??","text":"$Senseonics(SENS)$??","images":[{"img":"https://static.tigerbbs.com/32f0425389c9138a383cbac57caf6fe5","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/389219526","isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565405952518860","authorId":"3565405952518860","name":"reno","avatar":"https://static.tigerbbs.com/1d51971def7c07c1b7647238da241067","crmLevel":4,"crmLevelSwitch":0,"idStr":"3565405952518860","authorIdStr":"3565405952518860"},"content":"What else u brought?","text":"What else u brought?","html":"What else u brought?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":315449372,"gmtCreate":1612274047096,"gmtModify":1704869080277,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>??","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>??","text":"$Bionano Genomics(BNGO)$??","images":[{"img":"https://static.tigerbbs.com/6b3fe50860b5955388d117259ea67b3e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/315449372","isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":311241762,"gmtCreate":1611804666156,"gmtModify":1704863720551,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Good or bad","listText":"Good or bad","text":"Good or bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311241762","repostId":"1144254228","repostType":4,"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":180890210,"gmtCreate":1623197269730,"gmtModify":1704198017655,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Meme month","listText":"Meme month","text":"Meme month","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/180890210","repostId":"1128909306","repostType":4,"repost":{"id":"1128909306","pubTimestamp":1623193560,"share":"https://ttm.financial/m/news/1128909306?lang=&edition=fundamental","pubTime":"2021-06-09 07:06","market":"us","language":"en","title":"S&P 500 closes little changed as \"meme stocks\" extend rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1128909306","media":"reuters","summary":"NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of c","content":"<p>NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally.</p><p>All three major U.S. stock indexes ended the range-bound session near flat or higher, with the S&amp;P 500 and the Dow closing within about 0.5% of record highs.</p><p>The tech-laded Nasdaq Composite fared best, with Amazon.com Inc and Apple Inc providing the biggest boost.</p><p>“We’re waiting for inflation numbers, waiting for more from the (Federal Reserve), waiting for earnings season,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “There’s not a lot motivating the market today.”</p><p>“We’re in this twilight zone until probably right after the Fourth of July, when we see earnings season kick in,” Nolte added.</p><p>The CBOE volatility index, a measure of investor anxiety, touched its lowest level in over a year.</p><p>Smallcaps, once again buoyed by the ongoing meme stock retail frenzy, were outperforming their larger counterparts.</p><p>Clover Health Investments seized top billing among meme stocks, surging 85.8%, the biggest percentage winner in the Nasdaq.</p><p>Other stocks whose recent explosive trading volumes have been attributed to social media buzz, including GameStop Corp, Bed Bath &amp; Beyond Inc, Workhorse Group and others, ended the session between 7% and 12% higher.</p><p>“(Meme stocks) are where the action is, but you flip it over and look crypto and that’s a mess,” Nolte said. “Now the meme stocks are taking over from crypto as the place to be and it’s all a consequence of very easy monetary policy.”</p><p>Reports from the U.S. Labor Department and National Federation of Independent Business appeared to confirm a labor shortage even as demand roars back to life, which could put upward pressure on wages, a precursor to wider inflation.</p><p>Market participants look to Thursday’s consumer price index data for further clues regarding inflation, and how it could influence the Federal Reserve’s timetable for tightening its monetary policy.</p><p>The Dow Jones Industrial Average fell 30.42 points, or 0.09%, to 34,599.82; the S&amp;P 500 gained 0.74 points, or 0.02%, at 4,227.26; and the Nasdaq Composite added 43.19 points, or 0.31%, at 13,924.91.</p><p>Of the 11 major sectors in the S&amp;P 500, consumer discretionary enjoyed the biggest percentage gain, and utilities suffered the largest loss.</p><p>Sales of Tesla Inc’s China-made electric cars jumped in May by 29%, marking a 177% year-on-year increase, according to the China Passenger Car Association. The stock erased initial gains on the news to close down 0.3%.</p><p>Boeing Co shares were boosted by Southwest Airlines’ announcement that it had ordered 34 new 737 MAX aircraft, but the planemaker’s shares pared gains to end the session flat.</p><p>GameStop, the company most closely associated with the Reddit-driven short squeeze phenomenon, is expected to report quarterly results after markets close on Wednesday.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.74-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 54 new 52-week highs and one new low; the Nasdaq Composite recorded 172 new highs and 16 new lows.</p><p>Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.75 billion average over the last 20 trading days.</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>S&P 500 closes little changed as \"meme stocks\" extend rally</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; 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}\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\">\nS&P 500 closes little changed as \"meme stocks\" extend rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","CLOV":"Clover Health Corp",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-closes-little-changed-as-meme-stocks-extend-rally-idUSL2N2NQ2NX","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128909306","content_text":"NEW YORK (Reuters) - Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally.All three major U.S. stock indexes ended the range-bound session near flat or higher, with the S&P 500 and the Dow closing within about 0.5% of record highs.The tech-laded Nasdaq Composite fared best, with Amazon.com Inc and Apple Inc providing the biggest boost.“We’re waiting for inflation numbers, waiting for more from the (Federal Reserve), waiting for earnings season,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “There’s not a lot motivating the market today.”“We’re in this twilight zone until probably right after the Fourth of July, when we see earnings season kick in,” Nolte added.The CBOE volatility index, a measure of investor anxiety, touched its lowest level in over a year.Smallcaps, once again buoyed by the ongoing meme stock retail frenzy, were outperforming their larger counterparts.Clover Health Investments seized top billing among meme stocks, surging 85.8%, the biggest percentage winner in the Nasdaq.Other stocks whose recent explosive trading volumes have been attributed to social media buzz, including GameStop Corp, Bed Bath & Beyond Inc, Workhorse Group and others, ended the session between 7% and 12% higher.“(Meme stocks) are where the action is, but you flip it over and look crypto and that’s a mess,” Nolte said. “Now the meme stocks are taking over from crypto as the place to be and it’s all a consequence of very easy monetary policy.”Reports from the U.S. Labor Department and National Federation of Independent Business appeared to confirm a labor shortage even as demand roars back to life, which could put upward pressure on wages, a precursor to wider inflation.Market participants look to Thursday’s consumer price index data for further clues regarding inflation, and how it could influence the Federal Reserve’s timetable for tightening its monetary policy.The Dow Jones Industrial Average fell 30.42 points, or 0.09%, to 34,599.82; the S&P 500 gained 0.74 points, or 0.02%, at 4,227.26; and the Nasdaq Composite added 43.19 points, or 0.31%, at 13,924.91.Of the 11 major sectors in the S&P 500, consumer discretionary enjoyed the biggest percentage gain, and utilities suffered the largest loss.Sales of Tesla Inc’s China-made electric cars jumped in May by 29%, marking a 177% year-on-year increase, according to the China Passenger Car Association. The stock erased initial gains on the news to close down 0.3%.Boeing Co shares were boosted by Southwest Airlines’ announcement that it had ordered 34 new 737 MAX aircraft, but the planemaker’s shares pared gains to end the session flat.GameStop, the company most closely associated with the Reddit-driven short squeeze phenomenon, is expected to report quarterly results after markets close on Wednesday.Advancing issues outnumbered decliners on the NYSE by a 1.74-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored advancers.The S&P 500 posted 54 new 52-week highs and one new low; the Nasdaq Composite recorded 172 new highs and 16 new lows.Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.75 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":463,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389219526,"gmtCreate":1612776928465,"gmtModify":1704874033551,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>??","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>??","text":"$Senseonics(SENS)$??","images":[{"img":"https://static.tigerbbs.com/32f0425389c9138a383cbac57caf6fe5","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/389219526","isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565405952518860","authorId":"3565405952518860","name":"reno","avatar":"https://static.tigerbbs.com/1d51971def7c07c1b7647238da241067","crmLevel":4,"crmLevelSwitch":0,"idStr":"3565405952518860","authorIdStr":"3565405952518860"},"content":"What else u brought?","text":"What else u brought?","html":"What else u brought?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":186292180,"gmtCreate":1623499508140,"gmtModify":1704205158337,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Time To give up?&nbsp;","listText":"Time To give up?&nbsp;","text":"Time To give up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/186292180","repostId":"1190309980","repostType":4,"repost":{"id":"1190309980","pubTimestamp":1623411452,"share":"https://ttm.financial/m/news/1190309980?lang=&edition=fundamental","pubTime":"2021-06-11 19:37","market":"us","language":"en","title":"2 Crucial Lessons From Cathie Wood About Apple Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1190309980","media":"The Street","summary":"Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.In doing my daily research of Apple stock  -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.Considering Apple stock’s loss of 5% in 2015, h","content":"<blockquote>\n <b>Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.</b>\n</blockquote>\n<p>In doing my daily research of Apple stock&nbsp;(<b>AAPL</b>) -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.</p>\n<p>Considering Apple stock’s loss of 5% in 2015, her response was the following:</p>\n<blockquote>\n “At this moment, […] Apple might be, because […] the thinking there is so short term. […] Apple is going to become a big company, and [the stock] has been depressed recently by channel checks: how iPhone sales will do in the first quarter, or in the second quarter.”\n</blockquote>\n<p>Since this interview, Apple share price climbed a whopping 400%-plus in just over five years.</p>\n<p><b>#1. Buying quality on weakness</b></p>\n<p>The first important lesson from Ms. Wood’s 2016 insight above is that high-quality companies, whose stocks are likely to climb over time, should be bought on weakness. The logic is simple: if the long-term trend is up, buy shares when the market is selling them at a discount.</p>\n<p>I put some numbers around this ideaa couple of months ago. Historically, it has made much more sense to buy AAPL when shares declined from a previous peak.</p>\n<p>The chart below shows the historical average one-year return in Apple stock under different scenarios. Notice that, the more shares dip, the higher the future returns have been.</p>\n<p><img src=\"https://static.tigerbbs.com/d8f3b347dced7ad7d67e5c7ef756c550\" tg-width=\"578\" tg-height=\"348\">Following the same logic, current Apple investors might be encouraged that the stock remains under water: 12% below the January 2021 top of $143. Should AAPL make fresh all-time highs soon, asI recently speculated that it could, returns for the remainder of the year may start to look appealing.</p>\n<p><b>#2. Filtering out short-term noise</b></p>\n<p>The second point made by Cathie Wood is at least as important. In her view, Apple stock was under pressure in 2015 and early 2016 due to short-term concerns over smartphone sales in the following couple of quarters, especially after the blockbuster release of the iPhone 6.</p>\n<p>In analyzing market movements, I believe it helps to think about the real drivers of share price: buyers and sellers of the stock. Sometimes, people on both sides of the transaction are more concerned about how a stock might perform in the near term, possibly hoping to make a quick buck – and this is just fine.</p>\n<p>In these cases, long-term buyers are probably better off ignoring “short term noise” about what sales or earnings might look like right around the corner. Better yet, they might want to take advantage of selling pressures created by short-term traders to enter a position at better prices.</p>\n<p>Apple might be faced with a similar setup in 2021. The chatter on Wall Street seems torevolve around the company’s follow throughto a successful pandemic year and launch of the first 5G-capable iPhone.</p>\n<p>But look beyond the next 12 months, and one might find it easier to make a bullish case on Apple stock. The company continues to grow revenues, expand margins, pile on cash, while it has yet to tap intoopportunities in mixed realityandautonomous vehicles.</p>\n<p><b>Twitter speaks</b></p>\n<p>Big Tech stocks like Amazon and Apple are a tiny piece of famed investor Cathie Wood’s ARK portfolios. In your view, which of the following FAAMG names would deserve higher allocation in a tech disrupter and innovator ETF? Leave your vote below on our partner's Twitter, @AmazonMaven.</p>\n<p><img src=\"https://static.tigerbbs.com/565580495c2d16818604c9b6d814b1db\" tg-width=\"582\" tg-height=\"480\"></p>\n<p><b>Is the price right?</b></p>\n<p>Looking at a company’s business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. This is why valuation analysis is so important.</p>\n<p>Alpha Spread’suser-friendly platform allows you to estimate a stock’s fair value –through valuation multiples, discounted cash flow, and more. I believe that the service is a must for anyone looking to own the right stock at the right price.Check out alphaspread.comand get started with a 7-day free trial.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Crucial Lessons From Cathie Wood About Apple Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Crucial Lessons From Cathie Wood About Apple Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.\n\nIn doing my ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190309980","content_text":"Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.\n\nIn doing my daily research of Apple stock (AAPL) -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.\nConsidering Apple stock’s loss of 5% in 2015, her response was the following:\n\n “At this moment, […] Apple might be, because […] the thinking there is so short term. […] Apple is going to become a big company, and [the stock] has been depressed recently by channel checks: how iPhone sales will do in the first quarter, or in the second quarter.”\n\nSince this interview, Apple share price climbed a whopping 400%-plus in just over five years.\n#1. Buying quality on weakness\nThe first important lesson from Ms. Wood’s 2016 insight above is that high-quality companies, whose stocks are likely to climb over time, should be bought on weakness. The logic is simple: if the long-term trend is up, buy shares when the market is selling them at a discount.\nI put some numbers around this ideaa couple of months ago. Historically, it has made much more sense to buy AAPL when shares declined from a previous peak.\nThe chart below shows the historical average one-year return in Apple stock under different scenarios. Notice that, the more shares dip, the higher the future returns have been.\nFollowing the same logic, current Apple investors might be encouraged that the stock remains under water: 12% below the January 2021 top of $143. Should AAPL make fresh all-time highs soon, asI recently speculated that it could, returns for the remainder of the year may start to look appealing.\n#2. Filtering out short-term noise\nThe second point made by Cathie Wood is at least as important. In her view, Apple stock was under pressure in 2015 and early 2016 due to short-term concerns over smartphone sales in the following couple of quarters, especially after the blockbuster release of the iPhone 6.\nIn analyzing market movements, I believe it helps to think about the real drivers of share price: buyers and sellers of the stock. Sometimes, people on both sides of the transaction are more concerned about how a stock might perform in the near term, possibly hoping to make a quick buck – and this is just fine.\nIn these cases, long-term buyers are probably better off ignoring “short term noise” about what sales or earnings might look like right around the corner. Better yet, they might want to take advantage of selling pressures created by short-term traders to enter a position at better prices.\nApple might be faced with a similar setup in 2021. The chatter on Wall Street seems torevolve around the company’s follow throughto a successful pandemic year and launch of the first 5G-capable iPhone.\nBut look beyond the next 12 months, and one might find it easier to make a bullish case on Apple stock. The company continues to grow revenues, expand margins, pile on cash, while it has yet to tap intoopportunities in mixed realityandautonomous vehicles.\nTwitter speaks\nBig Tech stocks like Amazon and Apple are a tiny piece of famed investor Cathie Wood’s ARK portfolios. In your view, which of the following FAAMG names would deserve higher allocation in a tech disrupter and innovator ETF? Leave your vote below on our partner's Twitter, @AmazonMaven.\n\nIs the price right?\nLooking at a company’s business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. This is why valuation analysis is so important.\nAlpha Spread’suser-friendly platform allows you to estimate a stock’s fair value –through valuation multiples, discounted cash flow, and more. I believe that the service is a must for anyone looking to own the right stock at the right price.Check out alphaspread.comand get started with a 7-day free trial.","news_type":1},"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182594669,"gmtCreate":1623586437851,"gmtModify":1704206635747,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Don't think so","listText":"Don't think so","text":"Don't think so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/182594669","repostId":"1148565686","repostType":4,"repost":{"id":"1148565686","pubTimestamp":1623514343,"share":"https://ttm.financial/m/news/1148565686?lang=&edition=fundamental","pubTime":"2021-06-13 00:12","market":"us","language":"en","title":"This Is The Ultimate Warren Buffett Stock, But Should You Buy It?","url":"https://stock-news.laohu8.com/highlight/detail?id=1148565686","media":"investors","summary":"Warren Buffett is widely regarded as one of the greatest investors of all time. One way to share in his success is to invest in his firm,Berkshire Hathaway. Berkshire stock has cleared a buy zone, but is it a good buy for you now?Let's take a close look at the fundamental and technical performance of the ultimate Warren Buffett stock.Berkshire Hathaway is a conglomerate that owns some of America's most famous firms. It wholly owns the likes of Geico, Duracell, Dairy Queen, Fruit of the Loom and ","content":"<p>Warren Buffett is widely regarded as one of the greatest investors of all time. One way to share in his success is to invest in his firm,<b>Berkshire Hathaway</b>(BRKB). Berkshire stock has cleared a buy zone, but is it a good buy for you now? Let's take a close look at the fundamental and technical performance of the ultimate Warren Buffett stock.</p>\n<p>Berkshire Hathaway is a conglomerate that owns some of America's most famous firms. It wholly owns the likes of Geico, Duracell, Dairy Queen, Fruit of the Loom and railroad operator BNSF.</p>\n<p>Berkshire Hathaway is perhaps more famous for serving as an investment vehicle for Warren Buffett and his top lieutenant, Charlie Munger. Following their value investing philosophy,the company owns huge stakesin&nbsp;<b>American Express</b>(AXP),&nbsp;<b>Coca-Cola</b>(KO) and other heavy hitters.</p>\n<p>But the definition of a Warren Buffett stock has evolved in recent years.&nbsp;Warren Buffett became a big investor in airlines such as<b>Delta Air Lines</b>(DAL). But he was left to rue his decision to go against his own long-held views about that industry's lack of profitability. The move blew up in his face as airline stocks were decimated due to the global coronavirus pandemic.</p>\n<p>Under investment managers Todd Combs and Ted Weschler, Berkshire Hathaway has been increasingly sinking money into tech. It's taken large positions in established giants like<b>Apple</b>(AAPL), as well as younger companies like Brazilian payments company<b>StoneCo</b>(STNE) and new software IPO<b>Snowflake</b>(SNOW). Berkshire also snapped up a stake in<b>Amazon.com</b>(AMZN).</p>\n<p><b>Warren Buffett Anoints Successor</b></p>\n<p>One of the biggest questions around the future of Berkshire Hathaway in recent years was who would take over the mantle of CEO from Buffett.</p>\n<p>The Oracle of Omahahas finally gave the answer. He said Greg Abel, who runs the noninsurance businesses, will take over in his stead.</p>\n<p>\"The directors are in agreement that if something were to happen to me tonight, it would be Greg who'd take over tomorrow morning,\" the legendary investor told CNBC.</p>\n<p>Berkshire's Vice Chairman Charlie Munger dropped a massive hint during the&nbsp;company's annual meeting in Los Angeles, mentioning that \"Greg will keep the culture.\"</p>\n<p>Abel, 58, has been a Berkshire vice chairman since 2018, and had long been viewed by analysts as a possible successor. The Canadian is chairman and CEO of Berkshire Hathaway Energy. He has also been vice chairman of Berkshire's noninsurance operations since January 2018.</p>\n<p><b>Buffett Snaps Up Berkshire Stock</b></p>\n<p>Berkshire Hathaway revealed in its Q1 earnings report that it had snapped up $6.6 billion more of its shares. It comesafter a record $27.4 billion in repurchaseslast year. This was down from the $9 billion in stock it had purchased in each of the previous two quarters however.</p>\n<p>After historically shying away from repurchases, Berkshire Hathaway stock has become one of Buffett's top purchases.&nbsp;Berkshire's aggressive share repurchases contrasts with the M&amp;A deals spun by the investor during and after the 2008 financial crash.</p>\n<p>While he has historically been reluctant to splurge on stock repurchases, he explained his change of heart in his latest annual letter to shareholders.</p>\n<p>\"The math of repurchases grinds away slowly, but can be powerful over time,\" he wrote. \"The process offers a simple way for investors to own an ever-expanding portion of exceptional businesses.\"</p>\n<p>Berkshire loosened rules for Buffett to buy back shares in 2018. With Berkshire steadfastly cautious on M&amp;A in recent years, investors have been clamoring for more repurchases.</p>\n<p><b>Berkshire Hathaway Tweaks Portfolio</b></p>\n<p>Warren Buffett took a huge stake in<b>Verizon</b>(VZ) stock while dumping JPMorgan (JPM) stock entirely, according to thefirm's latest regulatory filing.</p>\n<p>Its new Verizon stake is massive, with Berkshire paying $8.62 billion for 147 million shares. It now accounts for 3% of the portfolio, making it the No. 6 stock by number of shares held.</p>\n<p>Buffett also opened new stakes in<b>Chevron</b>(CVX),<b>Marsh &amp; McLennan</b>(MMC) and<b>EW Scripps</b>(SSP) in Q4.</p>\n<p>Berkshire dumped entirely<b>Pfizer</b>(PFE),<b>JPMorgan Chase</b>(JPM),<b>Barrick Gold</b>(GOLD),<b>M&amp;T Bank</b>(MTB) and<b>PNC Financial</b>(PNC).</p>\n<p>The conglomerate grew stakes by 117% in<b>T-Mobile</b>(TMUS), 34% in<b>Kroger</b>(KR), 28% in<b>Merck</b>(MRK), 20% in<b>AbbVie</b>(ABBV), 11% in<b>Bristol-Myers Squibb</b>(BMY), and 1% in<b>RH</b>(RH).</p>\n<p>Buffett cut Berkshire's stake in Apple stock by 6%. It remains the No. 1 stock in his portfolio by market value and No. 2 stock by number of shares held, at 10.6% of the portfolio. He kept an Amazon stake steady.</p>\n<p>During its most recent earnings report, the firm revealed it had sold $6.45 billion in stock in Q1 and bought $2.57 billion in stock.</p>\n<p><b>Warren Buffett Funds Media Deal</b></p>\n<p>Berkshire Hathaway is a key backer in a deal disclosed Sept. 24 that will see TV station owner<b>E.W. Scripps</b>(SSP) purchase privately held cable network ION Media for $2.65 billion. The latter firm's flagship, ION Television, is a top 5-ranked U.S. general entertainment network.</p>\n<p>Warren Buffett's firm is snapping up $600 million of Scripps preferred shares to help fund the deal. Scripps stock surged on on the news.</p>\n<p>Berkshire will also receive a warrant that allows it to snap up up to 23.1 million more shares at a price of $13. This adds up to an additional investment of $300 million. Scripps' common shares currently trade at more than 21 each.</p>\n<p><b>Berkshire Hathaway Coronavirus Exposure</b></p>\n<p>As well as its status as an investment vehicle, Berkshire Hathaway is a conglomerate in its own right. It has interests in segments such as railroads, utilities and energy.</p>\n<p>Those sectors, along with other \"real economy\" companies that are Warren Buffett staples, have been hard hit by the coronavirus shutdowns and massive economic contraction. However they should benefit as the economy opens up again.</p>\n<p>Berkshire owns Geico, the No. 2 U.S. auto insurer after State Farm. Currently, states such as California are ordering insurers to give partial credits or refunds of premiums in lines such as private passenger automobile insurance.</p>\n<p>Berkshire also owns BNSF Railway Company, the largest freight railroad network in North America. Rail operators such as<b>Union Pacific</b>(UNP) and<b>CSX</b>(CSX) have seen business suffer during the pandemic. But rail operators and other transportation companies are seeing business pick up again.</p>\n<p>Other wholly owned businesses such as Dairy Queen and multilevel marketing company Pampered Chef also struggled during coronavirus restrictions, though those are easing.</p>\n<p><b>Warren Buffett's Big Gas Bill</b></p>\n<p>Warren Buffett has been criticized for the size of his cash pile. But last July he madehis biggest acquisition in yearswith a $10 billion deal for<b>Dominion Energy</b>'s (D) assets.</p>\n<p>Berkshire seized the chance to secure Dominion's gas pipeline network after the utility giant and<b>Duke Energy</b>(DUK) unexpectedly aborted plans to build the Atlantic Coast Pipeline.</p>\n<p>Berkshire Hathaway Energy will buy about 7,700 miles of natural gas transmission pipelines and 900 billion cubic feet of gas storage. The all-cash deal includes $4 billion of equity and $5.7 billion of debt. It's set to close in the fourth quarter.</p>\n<p>\"We are very proud to be adding such a great portfolio of natural gas assets to our already strong energy business,\" Buffett said in a statement.</p>\n<p>Energy has been doing well so far in 2021. For example, the Vanguard Energy ETF (VDE) is up almost 40% since the start of the year.</p>\n<p><b>Berkshire Hathaway Stock Technical Analysis</b></p>\n<p>Berkshire Hathaway stock is in a profit-taking zone after breaking out of aflat base, according toMarketSmith analysis. Theideal buy pointwas 235.09. Shares offered a follow-on buy point around 246 in late March after a test of the 10-week line, but are extended from here as well.</p>\n<p>It could go on to form a new base with an entry point of 295.18, it can continue to consolidate below this level.</p>\n<p>BRKB stock is well clear after pulling away from its50-day moving average, though the key technical benchmark is beginning to catch up. This is a positive sign for holders of the stock.</p>\n<p>Therelative strength lineof Berkshire Hathaway stock has been slippi8ng somewhat of late after a spell of progress that kicked off in mid-March. BRKB stock is outperforming in 2021. So far this year, it is up around 23%, which beats the broader S&amp;P 500's return of almost 13%.</p>\n<p>ItsIBD Composite Ratingnow sits at 69 out of 99. This is not ideal, but puts it in the top 31% of stocks tracked overall.</p>\n<p>Earnings are&nbsp; improving, with EPS accelerating for the past two quarters. However earnings have only grown by an average of 5% over the past three quarters, with coronavirus pandemic lockdowns having an impact.&nbsp;The CAN SLIM systemrecommends investors look for companies with average EPS growth of at least 25% over this time period.</p>\n<p>Wall Street is becoming more optimistic for Berkshire Hathaway earnings growth going forward. Analysts are projecting annual earnings will rise 24% 2021, before moderating to 7% growth in 2022.</p>\n<p><b>Warren Buffett Recommendation</b></p>\n<p>Berkshire stock had been lagging the S&amp;P 500 index since the end of 2018. Before that, BRKB stock at best moved with the market for a decade. An investor could have bought an index fund or ETF like the SPDR S&amp;P 500 ETF (SPY), and generated similar or higher returns with less stock-specific risk.</p>\n<p>\"In my view, for most people, the best thing to do is owning the S&amp;P 500 index fund, Buffett himself previously said at a Berkshire annual meeting. \"If you bet on America and sustain that position for decades, you'd do far better than buying Treasury securities, or far better than following people. Perhaps with a bias, I don't believe anyone knows what the market is going to do tomorrow, next week, next month, next year.\"</p>\n<p>Nevertheless, BRKB stock has been outperforming the S&amp;P 500 so far this year. It could now finally be set for a decent period of outperformance.</p>\n<p><b>Berkshire Hathaway Earnings Improve</b></p>\n<p>Berkshire Hathaway earnings per share popped 27% in Q1, rising to $3.05. This was well clear of analyst views for EPS of $2.57. Its operating profit, which excludes some investment results, came in at $7 billion.</p>\n<p>The conglomerate's total revenue came in at $64.6 billion last quarter, which was also more than analysts expected.</p>\n<p>The firm's wheeling and dealing on the stock market also saw the firm turn in good gains, increasing approximately $4.69 billion last quarter. However the firm stresses that gains and losses in any particular quarter are \"usually meaningless.\" This fits in with Buffett's longer-term investment philosophy.</p>\n<p><b>Buffett's Cash Mountain Still Mighty</b></p>\n<p>Berkshire's cash pile grew to $145.4 billion in Q1 from $138.3 billion in Q4. It is creeping back up to record level it reached in the third quarter of last year. This has raised expectations that Buffett would make a big acquisition, but he has preferred to sit on the sidelines amid spiraling stock prices.</p>\n<p>Having such a large supply of cash protects the Warren Buffett stock during tough times. It also mean Berkshire Hathaway is able to deploy capital when desirable businesses become available for purchase.</p>\n<p>The more aggressive buying of Berkshire's own shares of late contrasts with Buffett's deals during and after the Great Recession. This indicates he believes that the latest economic downturn and recovery, so far, offer none of the bargains he has historically pounced on.</p>\n<p><b>Analyst Backs Berkshire Stock</b></p>\n<p>CFRA analyst Catherine Seifert is rating BRKB stock as a hold with a 295 price target. She pointed out the mixed nature of the firm's recent earnings report.</p>\n<p>\"Results reflected a doubling of underwriting profits and 12% higher rail/energy/utility profits, despite 13% lower in investment income,\" she said in a May 3 research note. \"We applaud the 33% rise in energy revenues amid contributions from an acquisition, but rail revenues declined fractionally and insurance premium growth of 4.3% lagged peers.</p>\n<p>Nevertheless, she said the shares are currently \"fairly valued versus historical levels.\" The analyst also believes there could be changes afoot once he firm's legendary CEO steps down.</p>\n<p>\"We are disappointed climate change and diversity initiatives failed to be approved at the annual meeting, and think this increases the likelihood of activism in a post-Buffet era,\" she said.</p>\n<p><b>Difference Between BRKA Stock And BRKB Stock</b></p>\n<p>The most obvious difference between Berkshire Hathaway's A class and B class shares is the price. While — at over 200 a share — BRKB stock may be considered relatively expensive, BRKA stock is the most expensive on the market, currently trading near $430,000 a share.</p>\n<p>Warren Buffett decided to introduce the BRKB shares to allow investors to purchase stock directly. Big demand for Berkshire Hathaway stock forced less-moneyed players to plow cash into unit trusts or mutual funds that mirrored his company's holdings.</p>\n<p><b>Berkshire Hathaway Today</b></p>\n<p>Berkshire Hathaway operates in four main sectors.</p>\n<p>Its insurance group is one of its biggest cash cows. One of the most famous jewels in the crown is Geico. Other parts of this business include multinational property/casualty and life/health reinsurance company General Re and Berkshire Hathaway Reinsurance Group. The latter underwrites excess-of-loss reinsurance and quota-share coverage globally.</p>\n<p>Insurance operations are a big reason why Berkshire Hathaway earnings can be lumpy.</p>\n<p>Its Regulated Utility Business group includes Berkshire Hathaway Energy, formerly known as MidAmerican Energy. It also includes railway services arm BNSF, North America's largest freight railroad network.</p>\n<p>Meanwhile, the Manufacturing, Service &amp; Retailing group includes Acme Building Brands, Fruit of the Loom and Justin Brands. The likes of Buffalo News, Business Wire, Dairy Queen and NetJets fall under the service subsector. Retailers include See's Candies, Ben Bridge Jeweler, Helzberg Diamond Shops and Star Furniture.</p>\n<p>Finally, the Finance &amp; Financial Products segment includes: Hathaway Credit Corporation, transportation equipment and furniture leasing specialists XTRA and CORT, and BH Finance whose main interest is in proprietary investing strategies.</p>\n<p><b>Is Berkshire Hathaway Stock A Buy Now?</b></p>\n<p>While Berkshire Hathaway stock has been lagging the S&amp;P 500 index since late 2018, it has been handily outperforming in 2021. However, Berkshire stock is now well clear of its most recent buy zone. Investors keen on the stock could add it to their watchlist, and wait for a new buying opportunity to emerge.</p>\n<p>While its Composite Rating is still not up to scratch, it has improved on this front as well. This makes it an option worth watching for investors seeking to add to their portfolio a well established stock with a diversified portfolio of businesses.</p>\n<p>However, it is worth remember that, after a late-2018 burst, Berkshire Hathaway earnings growth has been modest and uneven. While Wall Street sees solid EPS growth ahead for Berkshire in 2021 and 2022, it still remains shy of the rates sought by CAN SLIM investors.</p>\n<p>Bottom line: Berkshire Hathaway stock is not a buy at the moment. Those interested in buying the ultimate Warren Buffett stock should add it to their watchlist, and wait to see if it forms a new base.</p>","source":"lsy1610449120050","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>This Is The Ultimate Warren Buffett Stock, But Should You Buy It?</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\">\nThis Is The Ultimate Warren Buffett Stock, But Should You Buy It?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-13 00:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/berkshire-hathaway-stock-buy-now-warren-buffett-stock/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett is widely regarded as one of the greatest investors of all time. One way to share in his success is to invest in his firm,Berkshire Hathaway(BRKB). Berkshire stock has cleared a buy ...</p>\n\n<a href=\"https://www.investors.com/research/berkshire-hathaway-stock-buy-now-warren-buffett-stock/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.investors.com/research/berkshire-hathaway-stock-buy-now-warren-buffett-stock/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148565686","content_text":"Warren Buffett is widely regarded as one of the greatest investors of all time. One way to share in his success is to invest in his firm,Berkshire Hathaway(BRKB). Berkshire stock has cleared a buy zone, but is it a good buy for you now? Let's take a close look at the fundamental and technical performance of the ultimate Warren Buffett stock.\nBerkshire Hathaway is a conglomerate that owns some of America's most famous firms. It wholly owns the likes of Geico, Duracell, Dairy Queen, Fruit of the Loom and railroad operator BNSF.\nBerkshire Hathaway is perhaps more famous for serving as an investment vehicle for Warren Buffett and his top lieutenant, Charlie Munger. Following their value investing philosophy,the company owns huge stakesin American Express(AXP), Coca-Cola(KO) and other heavy hitters.\nBut the definition of a Warren Buffett stock has evolved in recent years. Warren Buffett became a big investor in airlines such asDelta Air Lines(DAL). But he was left to rue his decision to go against his own long-held views about that industry's lack of profitability. The move blew up in his face as airline stocks were decimated due to the global coronavirus pandemic.\nUnder investment managers Todd Combs and Ted Weschler, Berkshire Hathaway has been increasingly sinking money into tech. It's taken large positions in established giants likeApple(AAPL), as well as younger companies like Brazilian payments companyStoneCo(STNE) and new software IPOSnowflake(SNOW). Berkshire also snapped up a stake inAmazon.com(AMZN).\nWarren Buffett Anoints Successor\nOne of the biggest questions around the future of Berkshire Hathaway in recent years was who would take over the mantle of CEO from Buffett.\nThe Oracle of Omahahas finally gave the answer. He said Greg Abel, who runs the noninsurance businesses, will take over in his stead.\n\"The directors are in agreement that if something were to happen to me tonight, it would be Greg who'd take over tomorrow morning,\" the legendary investor told CNBC.\nBerkshire's Vice Chairman Charlie Munger dropped a massive hint during the company's annual meeting in Los Angeles, mentioning that \"Greg will keep the culture.\"\nAbel, 58, has been a Berkshire vice chairman since 2018, and had long been viewed by analysts as a possible successor. The Canadian is chairman and CEO of Berkshire Hathaway Energy. He has also been vice chairman of Berkshire's noninsurance operations since January 2018.\nBuffett Snaps Up Berkshire Stock\nBerkshire Hathaway revealed in its Q1 earnings report that it had snapped up $6.6 billion more of its shares. It comesafter a record $27.4 billion in repurchaseslast year. This was down from the $9 billion in stock it had purchased in each of the previous two quarters however.\nAfter historically shying away from repurchases, Berkshire Hathaway stock has become one of Buffett's top purchases. Berkshire's aggressive share repurchases contrasts with the M&A deals spun by the investor during and after the 2008 financial crash.\nWhile he has historically been reluctant to splurge on stock repurchases, he explained his change of heart in his latest annual letter to shareholders.\n\"The math of repurchases grinds away slowly, but can be powerful over time,\" he wrote. \"The process offers a simple way for investors to own an ever-expanding portion of exceptional businesses.\"\nBerkshire loosened rules for Buffett to buy back shares in 2018. With Berkshire steadfastly cautious on M&A in recent years, investors have been clamoring for more repurchases.\nBerkshire Hathaway Tweaks Portfolio\nWarren Buffett took a huge stake inVerizon(VZ) stock while dumping JPMorgan (JPM) stock entirely, according to thefirm's latest regulatory filing.\nIts new Verizon stake is massive, with Berkshire paying $8.62 billion for 147 million shares. It now accounts for 3% of the portfolio, making it the No. 6 stock by number of shares held.\nBuffett also opened new stakes inChevron(CVX),Marsh & McLennan(MMC) andEW Scripps(SSP) in Q4.\nBerkshire dumped entirelyPfizer(PFE),JPMorgan Chase(JPM),Barrick Gold(GOLD),M&T Bank(MTB) andPNC Financial(PNC).\nThe conglomerate grew stakes by 117% inT-Mobile(TMUS), 34% inKroger(KR), 28% inMerck(MRK), 20% inAbbVie(ABBV), 11% inBristol-Myers Squibb(BMY), and 1% inRH(RH).\nBuffett cut Berkshire's stake in Apple stock by 6%. It remains the No. 1 stock in his portfolio by market value and No. 2 stock by number of shares held, at 10.6% of the portfolio. He kept an Amazon stake steady.\nDuring its most recent earnings report, the firm revealed it had sold $6.45 billion in stock in Q1 and bought $2.57 billion in stock.\nWarren Buffett Funds Media Deal\nBerkshire Hathaway is a key backer in a deal disclosed Sept. 24 that will see TV station ownerE.W. Scripps(SSP) purchase privately held cable network ION Media for $2.65 billion. The latter firm's flagship, ION Television, is a top 5-ranked U.S. general entertainment network.\nWarren Buffett's firm is snapping up $600 million of Scripps preferred shares to help fund the deal. Scripps stock surged on on the news.\nBerkshire will also receive a warrant that allows it to snap up up to 23.1 million more shares at a price of $13. This adds up to an additional investment of $300 million. Scripps' common shares currently trade at more than 21 each.\nBerkshire Hathaway Coronavirus Exposure\nAs well as its status as an investment vehicle, Berkshire Hathaway is a conglomerate in its own right. It has interests in segments such as railroads, utilities and energy.\nThose sectors, along with other \"real economy\" companies that are Warren Buffett staples, have been hard hit by the coronavirus shutdowns and massive economic contraction. However they should benefit as the economy opens up again.\nBerkshire owns Geico, the No. 2 U.S. auto insurer after State Farm. Currently, states such as California are ordering insurers to give partial credits or refunds of premiums in lines such as private passenger automobile insurance.\nBerkshire also owns BNSF Railway Company, the largest freight railroad network in North America. Rail operators such asUnion Pacific(UNP) andCSX(CSX) have seen business suffer during the pandemic. But rail operators and other transportation companies are seeing business pick up again.\nOther wholly owned businesses such as Dairy Queen and multilevel marketing company Pampered Chef also struggled during coronavirus restrictions, though those are easing.\nWarren Buffett's Big Gas Bill\nWarren Buffett has been criticized for the size of his cash pile. But last July he madehis biggest acquisition in yearswith a $10 billion deal forDominion Energy's (D) assets.\nBerkshire seized the chance to secure Dominion's gas pipeline network after the utility giant andDuke Energy(DUK) unexpectedly aborted plans to build the Atlantic Coast Pipeline.\nBerkshire Hathaway Energy will buy about 7,700 miles of natural gas transmission pipelines and 900 billion cubic feet of gas storage. The all-cash deal includes $4 billion of equity and $5.7 billion of debt. It's set to close in the fourth quarter.\n\"We are very proud to be adding such a great portfolio of natural gas assets to our already strong energy business,\" Buffett said in a statement.\nEnergy has been doing well so far in 2021. For example, the Vanguard Energy ETF (VDE) is up almost 40% since the start of the year.\nBerkshire Hathaway Stock Technical Analysis\nBerkshire Hathaway stock is in a profit-taking zone after breaking out of aflat base, according toMarketSmith analysis. Theideal buy pointwas 235.09. Shares offered a follow-on buy point around 246 in late March after a test of the 10-week line, but are extended from here as well.\nIt could go on to form a new base with an entry point of 295.18, it can continue to consolidate below this level.\nBRKB stock is well clear after pulling away from its50-day moving average, though the key technical benchmark is beginning to catch up. This is a positive sign for holders of the stock.\nTherelative strength lineof Berkshire Hathaway stock has been slippi8ng somewhat of late after a spell of progress that kicked off in mid-March. BRKB stock is outperforming in 2021. So far this year, it is up around 23%, which beats the broader S&P 500's return of almost 13%.\nItsIBD Composite Ratingnow sits at 69 out of 99. This is not ideal, but puts it in the top 31% of stocks tracked overall.\nEarnings are  improving, with EPS accelerating for the past two quarters. However earnings have only grown by an average of 5% over the past three quarters, with coronavirus pandemic lockdowns having an impact. The CAN SLIM systemrecommends investors look for companies with average EPS growth of at least 25% over this time period.\nWall Street is becoming more optimistic for Berkshire Hathaway earnings growth going forward. Analysts are projecting annual earnings will rise 24% 2021, before moderating to 7% growth in 2022.\nWarren Buffett Recommendation\nBerkshire stock had been lagging the S&P 500 index since the end of 2018. Before that, BRKB stock at best moved with the market for a decade. An investor could have bought an index fund or ETF like the SPDR S&P 500 ETF (SPY), and generated similar or higher returns with less stock-specific risk.\n\"In my view, for most people, the best thing to do is owning the S&P 500 index fund, Buffett himself previously said at a Berkshire annual meeting. \"If you bet on America and sustain that position for decades, you'd do far better than buying Treasury securities, or far better than following people. Perhaps with a bias, I don't believe anyone knows what the market is going to do tomorrow, next week, next month, next year.\"\nNevertheless, BRKB stock has been outperforming the S&P 500 so far this year. It could now finally be set for a decent period of outperformance.\nBerkshire Hathaway Earnings Improve\nBerkshire Hathaway earnings per share popped 27% in Q1, rising to $3.05. This was well clear of analyst views for EPS of $2.57. Its operating profit, which excludes some investment results, came in at $7 billion.\nThe conglomerate's total revenue came in at $64.6 billion last quarter, which was also more than analysts expected.\nThe firm's wheeling and dealing on the stock market also saw the firm turn in good gains, increasing approximately $4.69 billion last quarter. However the firm stresses that gains and losses in any particular quarter are \"usually meaningless.\" This fits in with Buffett's longer-term investment philosophy.\nBuffett's Cash Mountain Still Mighty\nBerkshire's cash pile grew to $145.4 billion in Q1 from $138.3 billion in Q4. It is creeping back up to record level it reached in the third quarter of last year. This has raised expectations that Buffett would make a big acquisition, but he has preferred to sit on the sidelines amid spiraling stock prices.\nHaving such a large supply of cash protects the Warren Buffett stock during tough times. It also mean Berkshire Hathaway is able to deploy capital when desirable businesses become available for purchase.\nThe more aggressive buying of Berkshire's own shares of late contrasts with Buffett's deals during and after the Great Recession. This indicates he believes that the latest economic downturn and recovery, so far, offer none of the bargains he has historically pounced on.\nAnalyst Backs Berkshire Stock\nCFRA analyst Catherine Seifert is rating BRKB stock as a hold with a 295 price target. She pointed out the mixed nature of the firm's recent earnings report.\n\"Results reflected a doubling of underwriting profits and 12% higher rail/energy/utility profits, despite 13% lower in investment income,\" she said in a May 3 research note. \"We applaud the 33% rise in energy revenues amid contributions from an acquisition, but rail revenues declined fractionally and insurance premium growth of 4.3% lagged peers.\nNevertheless, she said the shares are currently \"fairly valued versus historical levels.\" The analyst also believes there could be changes afoot once he firm's legendary CEO steps down.\n\"We are disappointed climate change and diversity initiatives failed to be approved at the annual meeting, and think this increases the likelihood of activism in a post-Buffet era,\" she said.\nDifference Between BRKA Stock And BRKB Stock\nThe most obvious difference between Berkshire Hathaway's A class and B class shares is the price. While — at over 200 a share — BRKB stock may be considered relatively expensive, BRKA stock is the most expensive on the market, currently trading near $430,000 a share.\nWarren Buffett decided to introduce the BRKB shares to allow investors to purchase stock directly. Big demand for Berkshire Hathaway stock forced less-moneyed players to plow cash into unit trusts or mutual funds that mirrored his company's holdings.\nBerkshire Hathaway Today\nBerkshire Hathaway operates in four main sectors.\nIts insurance group is one of its biggest cash cows. One of the most famous jewels in the crown is Geico. Other parts of this business include multinational property/casualty and life/health reinsurance company General Re and Berkshire Hathaway Reinsurance Group. The latter underwrites excess-of-loss reinsurance and quota-share coverage globally.\nInsurance operations are a big reason why Berkshire Hathaway earnings can be lumpy.\nIts Regulated Utility Business group includes Berkshire Hathaway Energy, formerly known as MidAmerican Energy. It also includes railway services arm BNSF, North America's largest freight railroad network.\nMeanwhile, the Manufacturing, Service & Retailing group includes Acme Building Brands, Fruit of the Loom and Justin Brands. The likes of Buffalo News, Business Wire, Dairy Queen and NetJets fall under the service subsector. Retailers include See's Candies, Ben Bridge Jeweler, Helzberg Diamond Shops and Star Furniture.\nFinally, the Finance & Financial Products segment includes: Hathaway Credit Corporation, transportation equipment and furniture leasing specialists XTRA and CORT, and BH Finance whose main interest is in proprietary investing strategies.\nIs Berkshire Hathaway Stock A Buy Now?\nWhile Berkshire Hathaway stock has been lagging the S&P 500 index since late 2018, it has been handily outperforming in 2021. However, Berkshire stock is now well clear of its most recent buy zone. Investors keen on the stock could add it to their watchlist, and wait for a new buying opportunity to emerge.\nWhile its Composite Rating is still not up to scratch, it has improved on this front as well. This makes it an option worth watching for investors seeking to add to their portfolio a well established stock with a diversified portfolio of businesses.\nHowever, it is worth remember that, after a late-2018 burst, Berkshire Hathaway earnings growth has been modest and uneven. While Wall Street sees solid EPS growth ahead for Berkshire in 2021 and 2022, it still remains shy of the rates sought by CAN SLIM investors.\nBottom line: Berkshire Hathaway stock is not a buy at the moment. Those interested in buying the ultimate Warren Buffett stock should add it to their watchlist, and wait to see if it forms a new base.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315449372,"gmtCreate":1612274047096,"gmtModify":1704869080277,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>??","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>??","text":"$Bionano Genomics(BNGO)$??","images":[{"img":"https://static.tigerbbs.com/6b3fe50860b5955388d117259ea67b3e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/315449372","isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":135915851,"gmtCreate":1622125901273,"gmtModify":1704179979486,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Finally up back","listText":"Finally up back","text":"Finally up back","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/135915851","repostId":"2138785120","repostType":2,"isVote":1,"tweetType":1,"viewCount":564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194053283,"gmtCreate":1621328157742,"gmtModify":1704355850625,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Up up&nbsp;","listText":"Up up&nbsp;","text":"Up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/194053283","repostId":"1187982931","repostType":4,"isVote":1,"tweetType":1,"viewCount":663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370195554,"gmtCreate":1618560809078,"gmtModify":1704712733059,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Wau&nbsp;","listText":"Wau&nbsp;","text":"Wau","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/370195554","repostId":"1176797324","repostType":4,"repost":{"id":"1176797324","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":1618500878,"share":"https://ttm.financial/m/news/1176797324?lang=&edition=fundamental","pubTime":"2021-04-15 23:34","market":"us","language":"en","title":"AMD rose about 4% in morning  trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1176797324","media":"Tiger Newspress","summary":" Seeing it unlikely that Intel will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices with an Outperformrating and $100 price target.Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.Caso says the current roadmaps show an advantage for AMD and foundry partner TSMC through at least 2024","content":"<p>(April 15)&nbsp;Seeing it unlikely that Intel&nbsp;will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD)&nbsp;with an Outperformrating and $100 price target.</p><p>Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.</p><p>Caso says the current roadmaps show an advantage for AMD&nbsp;and foundry partner TSMC&nbsp;through at least 2024.</p><p>AMD&nbsp;shares are&nbsp;up 4.1%&nbsp;to $81.77.</p><p>Raymond James downgraded Intel, bearish on thefoundry push.</p><p><img src=\"https://static.tigerbbs.com/3306c7bcf6759c07b50e1e336e351292\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b5e1cc67b2dbef65f87d6acdee47b05\" tg-width=\"921\" tg-height=\"93\" referrerpolicy=\"no-referrer\"></p><p></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>AMD rose about 4% in morning  trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD rose about 4% in morning  trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-15 23:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15)&nbsp;Seeing it unlikely that Intel&nbsp;will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD)&nbsp;with an Outperformrating and $100 price target.</p><p>Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.</p><p>Caso says the current roadmaps show an advantage for AMD&nbsp;and foundry partner TSMC&nbsp;through at least 2024.</p><p>AMD&nbsp;shares are&nbsp;up 4.1%&nbsp;to $81.77.</p><p>Raymond James downgraded Intel, bearish on thefoundry push.</p><p><img src=\"https://static.tigerbbs.com/3306c7bcf6759c07b50e1e336e351292\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1b5e1cc67b2dbef65f87d6acdee47b05\" tg-width=\"921\" tg-height=\"93\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176797324","content_text":"(April 15) Seeing it unlikely that Intel will ever regain its transistor advantage, Raymond James initiates Advanced Micro Devices(NASDAQ:AMD) with an Outperformrating and $100 price target.Analyst Chris Caso attributes AMD's pullback this year to improving sentiment that Intel can improve its manufacturing situation. But Caso thinks Intel's commitment to in-house production will keep the company running behind AMD.Caso says the current roadmaps show an advantage for AMD and foundry partner TSMC through at least 2024.AMD shares are up 4.1% to $81.77.Raymond James downgraded Intel, bearish on thefoundry push.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346073446,"gmtCreate":1617977321785,"gmtModify":1704705572151,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Consolidating? Or down trend&nbsp;","listText":"Consolidating? Or down trend&nbsp;","text":"Consolidating? Or down trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/346073446","repostId":"1133841778","repostType":4,"repost":{"id":"1133841778","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":1617977105,"share":"https://ttm.financial/m/news/1133841778?lang=&edition=fundamental","pubTime":"2021-04-09 22:05","market":"us","language":"en","title":"EV Stocks underperformed","url":"https://stock-news.laohu8.com/highlight/detail?id=1133841778","media":"Tiger Newspress","summary":"EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.","content":"<p>EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.</p><p><img src=\"https://static.tigerbbs.com/8b61fa5fb6129f3dc72addb8c9abf0ea\" tg-width=\"422\" tg-height=\"240\" referrerpolicy=\"no-referrer\"></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>EV Stocks underperformed</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\">\nEV Stocks underperformed\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\">2021-04-09 22:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>EV Stocks underperformed&nbsp;in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.</p><p><img src=\"https://static.tigerbbs.com/8b61fa5fb6129f3dc72addb8c9abf0ea\" tg-width=\"422\" tg-height=\"240\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","XPEV":"小鹏汽车","LI":"理想汽车","NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133841778","content_text":"EV Stocks underperformed in Friday morning trading.Nio and Li Auto were down about 4%,Xpeng Motors was down 2%,Tesla was down 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349328513,"gmtCreate":1617548462432,"gmtModify":1704700361971,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Will？","listText":"Will？","text":"Will？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349328513","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</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>How Likely Is a Stock Market Crash?</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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173347894,"gmtCreate":1626622883318,"gmtModify":1703762424575,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Nvdia&nbsp;","listText":"Nvdia&nbsp;","text":"Nvdia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173347894","repostId":"2151350423","repostType":4,"repost":{"id":"2151350423","pubTimestamp":1626398220,"share":"https://ttm.financial/m/news/2151350423?lang=&edition=fundamental","pubTime":"2021-07-16 09:17","market":"us","language":"en","title":"3 Top Stocks to Buy if the Market Crashes","url":"https://stock-news.laohu8.com/highlight/detail?id=2151350423","media":"Motley Fool","summary":"Getting some shares of these high-quality companies at bargain prices could earn you a fortune.","content":"<p>Stock market crashes can be frightening. They typically occur without warning, and the often violent plunge in stock prices they bring about can be harrowing to even the most experienced investors.</p>\n<p>These shocking declines occur relatively often (a market correction of 10% or more happens every 1.84 years, on average), and yet they can give you a chance to buy outstanding businesses at steeply discounted prices you might not otherwise find. In this way, a market crash can provide you with an opportunity to build tremendous wealth -- if you know which stocks to buy.</p>\n<p>To help you in this regard, here are three excellent companies to put on your stock market crash shopping list.</p>\n<h2>1. CrowdStrike<b>&nbsp;</b></h2>\n<p>The coronavirus pandemic accelerated the shift to the cloud for many companies. As more companies migrate their operations online, the need for effective cybersecurity solutions is becoming that much more vital. Fortunately, <b>CrowdStrike</b> (NASDAQ:CRWD) is helping to meet this growing need for cloud security -- and business is booming.</p>\n<p>CrowdStrike uses artificial intelligence (AI) to detect threats and prevent cyber breaches. It excels at providing protection at the device level -- think laptops, mobile phones, and sensors -- which has positioned it to profit from an increase in remote work and the growth of the Internet of Things. CrowdStrike's revenue soared 70% year over year to $302.8 million in its fiscal 2022 first quarter. Its free cash flow, meanwhile, climbed 35% to $117.3 million.</p>\n<p>Better still, management sees a path from its current $1 billion in annual recurring revenue to $3 billion by fiscal 2025, fueled by strong customer growth. If CrowdStrike can hit its expansion targets -- and all signs suggest it will -- investors should be well rewarded. And if you can pick up shares at bargain prices during a market crash, your odds of earning sizable returns will be even greater.</p>\n<h2>2. NVIDIA</h2>\n<p>The shift to the cloud is also helping to turbocharge <b>NVIDIA</b>'s (NASDAQ:NVDA) growth. The semiconductor giant is enjoying surging demand for its chips in a wide swath of industries, as more companies integrate AI and other cutting-edge technology into their daily operations.</p>\n<p>NVIDIA's revenue rocketed 84% to $5.7 billion in its fiscal 2022 first quarter, driven by strong growth in its gaming and data center businesses. Its adjusted net income, in turn, jumped 107% to $2.3 billion.</p>\n<p>Yet despite its torrid growth in recent years, NVIDIA has a long runway for further expansion still ahead. With intriguing opportunities in cloud computing infrastructure, telecommunications, and autonomous vehicles, management pegs the chipmaker's total addressable market at a staggering $250 billion.</p>\n<p>NVIDIA's stock currently trades for a rather steep 50 times Wall Street's earnings estimates for fiscal 2022. But should a market crash give you a chance to scoop up shares of this tech titan at a discount, consider buying some. A few years from now, you'll likely be glad you did.</p>\n<h2>3. Shopify</h2>\n<p>COVID-19 has also accelerated the movement of retail sales to the internet. <b>Shopify</b> (NYSE:SHOP) is helping to fuel this megatrend, by giving small businesses the tools they need to build and grow their online stores.</p>\n<p>More than 1.7 million merchants use Shopify's software to power their e-commerce operations. Payment processing, fulfillment, shipping, and business financing are just some of the services Shopify provides. Demand for these services is soaring, much to Shopify's benefit.</p>\n<p>The total dollar amount of sales merchants generated on the e-commerce platform -- a metric known as gross merchandise volume, or GMV -- rose 114% year over year to $37.3 billion in the first quarter. Shopify's revenue, in turn, surged 110% to $988.6 million, while its adjusted net income increased more than elevenfold to $254.1 million.</p>\n<p>Shopify is an outstanding business that's growing at a torrid rate. But there's <a href=\"https://laohu8.com/S/AONE.U\">one</a> problem: Its stock price already reflects this. Shopify currently trades for about 300 times analysts' earnings estimates for 2022, which is not cheap. But if a stock market crash gives you an opportunity to buy shares of this e-commerce leader at a more attractive price, consider jumping on it. Shopify has created fortunes for its long-term investors, and it's poised to continue to do so in the coming decade.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Stocks to Buy if the Market Crashes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Stocks to Buy if the Market Crashes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 09:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/16/3-top-stocks-to-buy-if-the-market-crashes/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock market crashes can be frightening. They typically occur without warning, and the often violent plunge in stock prices they bring about can be harrowing to even the most experienced investors.\n...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/16/3-top-stocks-to-buy-if-the-market-crashes/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.","SHOP":"Shopify Inc","NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2021/07/16/3-top-stocks-to-buy-if-the-market-crashes/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151350423","content_text":"Stock market crashes can be frightening. They typically occur without warning, and the often violent plunge in stock prices they bring about can be harrowing to even the most experienced investors.\nThese shocking declines occur relatively often (a market correction of 10% or more happens every 1.84 years, on average), and yet they can give you a chance to buy outstanding businesses at steeply discounted prices you might not otherwise find. In this way, a market crash can provide you with an opportunity to build tremendous wealth -- if you know which stocks to buy.\nTo help you in this regard, here are three excellent companies to put on your stock market crash shopping list.\n1. CrowdStrike \nThe coronavirus pandemic accelerated the shift to the cloud for many companies. As more companies migrate their operations online, the need for effective cybersecurity solutions is becoming that much more vital. Fortunately, CrowdStrike (NASDAQ:CRWD) is helping to meet this growing need for cloud security -- and business is booming.\nCrowdStrike uses artificial intelligence (AI) to detect threats and prevent cyber breaches. It excels at providing protection at the device level -- think laptops, mobile phones, and sensors -- which has positioned it to profit from an increase in remote work and the growth of the Internet of Things. CrowdStrike's revenue soared 70% year over year to $302.8 million in its fiscal 2022 first quarter. Its free cash flow, meanwhile, climbed 35% to $117.3 million.\nBetter still, management sees a path from its current $1 billion in annual recurring revenue to $3 billion by fiscal 2025, fueled by strong customer growth. If CrowdStrike can hit its expansion targets -- and all signs suggest it will -- investors should be well rewarded. And if you can pick up shares at bargain prices during a market crash, your odds of earning sizable returns will be even greater.\n2. NVIDIA\nThe shift to the cloud is also helping to turbocharge NVIDIA's (NASDAQ:NVDA) growth. The semiconductor giant is enjoying surging demand for its chips in a wide swath of industries, as more companies integrate AI and other cutting-edge technology into their daily operations.\nNVIDIA's revenue rocketed 84% to $5.7 billion in its fiscal 2022 first quarter, driven by strong growth in its gaming and data center businesses. Its adjusted net income, in turn, jumped 107% to $2.3 billion.\nYet despite its torrid growth in recent years, NVIDIA has a long runway for further expansion still ahead. With intriguing opportunities in cloud computing infrastructure, telecommunications, and autonomous vehicles, management pegs the chipmaker's total addressable market at a staggering $250 billion.\nNVIDIA's stock currently trades for a rather steep 50 times Wall Street's earnings estimates for fiscal 2022. But should a market crash give you a chance to scoop up shares of this tech titan at a discount, consider buying some. A few years from now, you'll likely be glad you did.\n3. Shopify\nCOVID-19 has also accelerated the movement of retail sales to the internet. Shopify (NYSE:SHOP) is helping to fuel this megatrend, by giving small businesses the tools they need to build and grow their online stores.\nMore than 1.7 million merchants use Shopify's software to power their e-commerce operations. Payment processing, fulfillment, shipping, and business financing are just some of the services Shopify provides. Demand for these services is soaring, much to Shopify's benefit.\nThe total dollar amount of sales merchants generated on the e-commerce platform -- a metric known as gross merchandise volume, or GMV -- rose 114% year over year to $37.3 billion in the first quarter. Shopify's revenue, in turn, surged 110% to $988.6 million, while its adjusted net income increased more than elevenfold to $254.1 million.\nShopify is an outstanding business that's growing at a torrid rate. But there's one problem: Its stock price already reflects this. Shopify currently trades for about 300 times analysts' earnings estimates for 2022, which is not cheap. But if a stock market crash gives you an opportunity to buy shares of this e-commerce leader at a more attractive price, consider jumping on it. Shopify has created fortunes for its long-term investors, and it's poised to continue to do so in the coming decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115696572,"gmtCreate":1622982173296,"gmtModify":1704194047178,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Got suprise?","listText":"Got suprise?","text":"Got suprise?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115696572","repostId":"1165368747","repostType":4,"repost":{"id":"1165368747","pubTimestamp":1622940597,"share":"https://ttm.financial/m/news/1165368747?lang=&edition=fundamental","pubTime":"2021-06-06 08:49","market":"us","language":"en","title":"Apple’s 2021 WWDC Keynote Is Monday. Expect a Few Surprises.","url":"https://stock-news.laohu8.com/highlight/detail?id=1165368747","media":"Barrons","summary":"Apple next week holds its annual Worldwide Developers Conference, to be conducted virtually for the second year in a row due to the Covid-19 pandemic.The WWDC kicks off Monday with a two-hour keynote presentation by CEO Tim Cook and other executives. WWDC is generally used to unveil updates to the company’s various operating systems—MacOS for Macs, iOS for the iPhone, WatchOS for Apple Watch, tvOS for Apple TV set-top boxes, and iPadOS, a variation of iOS for iPads.Wedbush analyst Dan Ives expec","content":"<p>Apple next week holds its annual Worldwide Developers Conference, to be conducted virtually for the second year in a row due to the Covid-19 pandemic.</p><p>The WWDC kicks off Monday with a two-hour keynote presentation by CEO Tim Cook and other executives. WWDC is generally used to unveil updates to the company’s various operating systems—MacOS for Macs, iOS for the iPhone, WatchOS for Apple Watch, tvOS for Apple TV set-top boxes, and iPadOS, a variation of iOS for iPads.</p><p>New hardware announcements are possible, but the exception to the rule. This is, after all, an event for software developers.</p><p>Last year,Apple (ticker: AAPL) also used the event to unveil the M1 processor, a chip designed by the company that has replacedIntelparts in some MacBooks and iPads. By the time the announcement came, the launch had been widely anticipated by analysts and media.</p><p>There’s not nearly as much buzz heading into this year’s event, but Apple still manages to provide surprises. Expect a few this year.</p><p>Wedbush analyst Dan Ives expects the focus to be on the usual range of operating-system updates, including&nbsp;iOS 15, which he thinks will include new privacy protections, notification and lock-screen updates, and some new features in iMessage. As Ives noted, the most recent update to the iPhone software,iOS 14.5, includes an opt-in feature for tracking consumer behavior that has infuriated&nbsp;Facebook(FB) and other companies that rely on that data to target advertising.</p><p>Ives also thinks Apple will unveil new MacBook Pros at both 14-inch and 16-inch screen sizes, both driven by the M1 chip. He thinks Apple will wait until next summer to launch Apple Glasses, an expected augmented-reality product. He foresees a 2024 arrival for Apple Car.</p><p>Morgan Stanley analyst Katy Huberty pointed out in a research note that WWDC historically hasn’t given a boost to Apple shares. Over the past 10 years, she wrote, the stock on average has underperformed the&nbsp;S&amp;P 500&nbsp;by a little over a percentage point in both the week and two weeks immediately following the event.</p><p>Over the past year, though, the stock has responded more strongly to WWDC, Huberty said. She sees some potential for a positive response by investors this time, in particular if there are significant hardware announcements.</p><p>“While we expect the majority of software/operating system upgrades to be more evolutionary than last year, we do believe Apple will highlight efforts to broaden the use of in-house designed silicon, and potentially launch a new MacBook with the Apple silicon, making this year’s WWDC a potentially more significant catalyst than years past,” Huberty wrote.</p><p>As Huberty noted,<i>Nikkei Asia</i>&nbsp;reported in April&nbsp;that&nbsp;Taiwan Semiconductor(TSM) has been in mass production on the successor to the M1, which seems to be called the&nbsp;M2. She sees a possibility that Apple will unveil the first M2-powered Macs at the event.</p><p>Huberty remains bullish on the Mac business,which grew 70% in the March quarter&nbsp;amid widespread demand for laptops during the pandemic. She estimates that Apple had 7.7% of the PC market in calendar 2020 and sees potential for Apple’s slice of the pie to expand to be comparable to the company’s 16% share in the smartphone market. If that happens, she said, Macs alone could be a $68 billion run-rate business by 2025, more than double its current size.</p><p>As for updates to the various Apple operating systems, Huberty pointed to&nbsp;a Bloomberg story in April&nbsp;that said the company was planning to update how iOS handles notifications, a new iPad home screen, an updated lock screen, and various privacy updates.</p><p>On Friday, Apple shares rallied about 1.9%, to $125.89. The stock is down about 5% year to date but up about 43% since last year’s WWDC.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s 2021 WWDC Keynote Is Monday. Expect a Few Surprises.</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’s 2021 WWDC Keynote Is Monday. Expect a Few Surprises.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-2021-wwdc-51622820857?mod=hp_DAY_Theme_1_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple next week holds its annual Worldwide Developers Conference, to be conducted virtually for the second year in a row due to the Covid-19 pandemic.The WWDC kicks off Monday with a two-hour keynote ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-2021-wwdc-51622820857?mod=hp_DAY_Theme_1_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-2021-wwdc-51622820857?mod=hp_DAY_Theme_1_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165368747","content_text":"Apple next week holds its annual Worldwide Developers Conference, to be conducted virtually for the second year in a row due to the Covid-19 pandemic.The WWDC kicks off Monday with a two-hour keynote presentation by CEO Tim Cook and other executives. WWDC is generally used to unveil updates to the company’s various operating systems—MacOS for Macs, iOS for the iPhone, WatchOS for Apple Watch, tvOS for Apple TV set-top boxes, and iPadOS, a variation of iOS for iPads.New hardware announcements are possible, but the exception to the rule. This is, after all, an event for software developers.Last year,Apple (ticker: AAPL) also used the event to unveil the M1 processor, a chip designed by the company that has replacedIntelparts in some MacBooks and iPads. By the time the announcement came, the launch had been widely anticipated by analysts and media.There’s not nearly as much buzz heading into this year’s event, but Apple still manages to provide surprises. Expect a few this year.Wedbush analyst Dan Ives expects the focus to be on the usual range of operating-system updates, including iOS 15, which he thinks will include new privacy protections, notification and lock-screen updates, and some new features in iMessage. As Ives noted, the most recent update to the iPhone software,iOS 14.5, includes an opt-in feature for tracking consumer behavior that has infuriated Facebook(FB) and other companies that rely on that data to target advertising.Ives also thinks Apple will unveil new MacBook Pros at both 14-inch and 16-inch screen sizes, both driven by the M1 chip. He thinks Apple will wait until next summer to launch Apple Glasses, an expected augmented-reality product. He foresees a 2024 arrival for Apple Car.Morgan Stanley analyst Katy Huberty pointed out in a research note that WWDC historically hasn’t given a boost to Apple shares. Over the past 10 years, she wrote, the stock on average has underperformed the S&P 500 by a little over a percentage point in both the week and two weeks immediately following the event.Over the past year, though, the stock has responded more strongly to WWDC, Huberty said. She sees some potential for a positive response by investors this time, in particular if there are significant hardware announcements.“While we expect the majority of software/operating system upgrades to be more evolutionary than last year, we do believe Apple will highlight efforts to broaden the use of in-house designed silicon, and potentially launch a new MacBook with the Apple silicon, making this year’s WWDC a potentially more significant catalyst than years past,” Huberty wrote.As Huberty noted,Nikkei Asia reported in April that Taiwan Semiconductor(TSM) has been in mass production on the successor to the M1, which seems to be called the M2. She sees a possibility that Apple will unveil the first M2-powered Macs at the event.Huberty remains bullish on the Mac business,which grew 70% in the March quarter amid widespread demand for laptops during the pandemic. She estimates that Apple had 7.7% of the PC market in calendar 2020 and sees potential for Apple’s slice of the pie to expand to be comparable to the company’s 16% share in the smartphone market. If that happens, she said, Macs alone could be a $68 billion run-rate business by 2025, more than double its current size.As for updates to the various Apple operating systems, Huberty pointed to a Bloomberg story in April that said the company was planning to update how iOS handles notifications, a new iPad home screen, an updated lock screen, and various privacy updates.On Friday, Apple shares rallied about 1.9%, to $125.89. The stock is down about 5% year to date but up about 43% since last year’s WWDC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131598742,"gmtCreate":1621866108786,"gmtModify":1704363562216,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"On fire&nbsp;","listText":"On fire&nbsp;","text":"On fire","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/131598742","repostId":"1154364832","repostType":2,"repost":{"id":"1154364832","pubTimestamp":1621824866,"share":"https://ttm.financial/m/news/1154364832?lang=&edition=fundamental","pubTime":"2021-05-24 10:54","market":"us","language":"en","title":"Sea Limited Is Ready To Fire On All Cylinders","url":"https://stock-news.laohu8.com/highlight/detail?id=1154364832","media":"seekingalpha","summary":"SummarySea Limited continues to extend its leadership across all its business segments with a blockb","content":"<p>Summary</p><ul><li>Sea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance.</li><li>Investors need to pay attention to its potential cash flow margins that could far exceed even AMZN and MELI.</li><li>At the current price, investors are getting a bargain even at the bear case of its fair value range with a DCF framework.</li></ul><p><img src=\"https://static.tigerbbs.com/04fbbc1a372c45d5d8e903015e5b0dfe\" tg-width=\"768\" tg-height=\"512\" referrerpolicy=\"no-referrer\">Photo by Wachiwit/iStock Editorial via Getty ImagesInvestment Thesis</p><p>Sea Limited (SE) has fallen about 13% from its all-time high. The company has continued to dominate its markets and looks certain to further extend its leadership position and expand its verticals to take even more market share away from its competitors. Investors should take advantage of the consolidation to initiate or add positions to this potential massive cash flow generator.</p><p><b>Earnings Review and What To Look Out For?</b></p><p>Sea Limited is the largest integrated Internet company in South East Asia, with operations spanning across gaming, e-commerce, and fintech.</p><p>The company’s recent Q1’21 results were another blockbuster across all business segments, demonstrating the company’s strong leadership and well-executed growth strategies towards itsvision:</p><blockquote>We think we stand in the best position to capitalize on the opportunity to build the largest consumer Internet ecosystem in the region. And we'll continue to focus on executing on our core businesses as well as building those ecosystems.</blockquote><p>As a reminder, for its e-commerce segment Shopee, Sea considers its region to comprise the following markets: Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia, and Singapore, of which Indonesia is the company’s largest market.</p><p>For its gaming segmentGarena, the company’s largest and growing markets comprise Southeast Asia, Taiwan, Brazil, Mexico, India, North America, Russia, and the Middle East.</p><p><img src=\"https://static.tigerbbs.com/932ec3694e935afbfa643e9c904ce964\" tg-width=\"1280\" tg-height=\"636\" referrerpolicy=\"no-referrer\">SE’s Quarterly Results. Data Source: S&amp;P Global Market Intelligence</p><p>Q1’21 YoY revenue growth accelerated to 146.7%. In fact, Q1’21 is the 11th consecutive quarter of &gt;100% YoY revenue growth. The company’s main revenue driverGarena recorded a 111.4% YoY rise, while Shopee and other services recorded a 189.8% YoY increase.</p><p>Gross margin also improved significantly compared to the prior year. Q1’21 gross margin came in at 36.6% as compared to 28.9% a year ago. In its respective segments, Garena’s gross margin also improved to 68.2% from 38.6% a year ago, while Shopee’s gross margin went up to 13.7% from 7.1% a year ago.</p><p><img src=\"https://static.tigerbbs.com/6d9651b44ee4d09b2dcf3d8c49e72213\" tg-width=\"1280\" tg-height=\"629\" referrerpolicy=\"no-referrer\"></p><p>SE’s LTM results. Data Source: S&amp;P Global Market Intelligence</p><p>Looking across the longer-term trend using the LTM basis, we could also see similar fantastic top line performance. LTM YoY revenue growth came in at 113.7%, and gross margin also improved to 33% compared to 30.4% a year ago. Therefore, investors should be encouraged to know that Sea’s top line performance has been consistently getting better and better even as it scaled up fast, improving its cost of revenue ratio, showing just how capable the company is in being able to execute its growth strategies across multiple countries within its region.</p><p>Investors may want to continue paying attention to the company’s sales and marketing spend as it still accounted for the majority of the operating expenses in both the Q and LTM results, respectively. More importantly, sales and marketing spend as a percentage of revenue has continued to fall as the company scaled up, reflecting improving cost efficiencies over time.</p><p><img src=\"https://static.tigerbbs.com/695523a022549fe176d5ac4f89f3c4cb\" tg-width=\"1004\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p><p>SE’s OPEX as a % of Revenue (LTM Trend). Data Source: S&amp;P Global Market Intelligence</p><p>This has certainly helped to improve the company’s overall cost efficiencies over time, showing clearly the benefits of economies of scale of the company’s business model. LTM sales and marketing spend improved to 40.6% of revenue from 43.3% a year ago, while LTM overall operating expenses improved to 59.9% of revenue from 67.4% a year ago.</p><p>This has helped to narrow the company’s LTM negative operating margin to -27% from -37%. Investors should be reminded not to focus on SE’s near-term operating margins as a gauge of the company’s core operating performance. This is because the company is still in the early stages (despite growing so rapidly) of penetrating Southeast Asia’s massive e-commerce market, of which it is the clear leader currently. The company is expected to continue investing heavily in sales and marketing, in order to drive the massive potential for growth in the region and to establish itself as the future undisputed e-commerce leader in the region taking the large majority of the pie, leaving the rest of its competitors to only be able to compete in their much smaller respective niche market segments, just like what Amazon (AMZN) had done in its established markets.</p><p>In fact, Sea’s CEOForrest Li, who was named “Singapore Businessman of the Year at the 35th Singapore Business Awards in Nov 20” added:</p><blockquote>Let me put it this way, it (Shopee) can be profitable anytime. But I think what's really important to us is we think it's still very early days for e-commerce development. We are in a very good situation because Garena has been profitable - actually it's pretty profitable, and this gives us the resources to invest in Shopee, invest in SeaMoney. I think pretty soon, Shopee will turn to be profitable as well. In certain markets, like Taiwan, it's already profitable. And then we will have more resources; two cash flow generators: Garena and Shopee. This allows us to continually invest in future opportunities.</blockquote><p>I have previously discussed (articles listedhereandhere) how important it is for investors to focus on cash flows for companies with massive scalability potential like Coupang (CPNG) and Opendoor Technologies (OPEN) which are still in their early days of penetrating their respective markets.</p><p>It is the same focus for Sea as we attempt to delve deeper into its cash flow generating ability. Sea uses Adjusted EBITDA to report its cash flow performance. I will present the discussion from FCF and EBITDA point of view first as a matter of consistency, before going over to the Adjusted EBITDA metrics.</p><p><img src=\"https://static.tigerbbs.com/ae1db2d81fcf921eaba649f93cbbf9e0\" tg-width=\"1280\" tg-height=\"601\" referrerpolicy=\"no-referrer\"></p><p>SE’s LTM CFO Margin and LTM FCF Margin. Data Source: S&amp;P Global Market Intelligence</p><p>A quick glance over to its cash flow statement unveiled just how well-performing SE has been with its cash flow management. In fact, SE’s CFO and FCF performance has been improving remarkably over time as it scaled up quickly, and the company is just getting started. Its LTM CFO margins have been steadily improving over the previous year from -5.36% to 17.28% for the Q1’21 quarter. In addition, its LTM FCF margins also improved steadily over the previous year from -13.4% to 11.08%.</p><p><img src=\"https://static.tigerbbs.com/2c3f20175798dec1212a5aac70feb8cc\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"></p><p>SE’s EBITDA Margin &amp; EBIT Margin. Data Source: S&amp;P Global Market Intelligence</p><p>When we move over to its EBITDA margins, the improvement in trend of its core operating performance is also clearly discernible. Although it has yet to turn EBITDA positive, it was due mainly to necessary investments in sales and marketing.</p><p><img src=\"https://static.tigerbbs.com/5b82c3c4bf6f1a5698e05c68eaddbe2e\" tg-width=\"1280\" tg-height=\"819\" referrerpolicy=\"no-referrer\"></p><p><b>SE’s CapEx Margin &amp; CFO Margin. Data Source: S&amp;P Global Market Intelligence</b></p><p>SE has also benefited from the huge improvement in its core operating performance as seen in its CFO margin trend, while its heavy earlier CapEx investments have started to bear fruit as it scaled, as the CapEx margin is trending lower, and its CFO will now be able to sustain its CapEx moving forward.</p><p>It’s very clear that SE’s business has well cleared its inflection point of heavy investments to scale up, and the company is well on its way to generate huge cash flows in the future as it continues to power ahead in its market penetration.</p><p><img src=\"https://static.tigerbbs.com/88fb528aaddb4c6a12d219ac9c2e9f64\" tg-width=\"1280\" tg-height=\"730\" referrerpolicy=\"no-referrer\"></p><p>SE’s EBITDA Margin Forecast &amp; CapEx Margin Forecast. Data Source: S&amp;P Global Market Intelligence</p><p>Moving ahead, we can also see that SE’s forward EBITDA margin trend is expected to significantly expand, while CapEx margin is expected to continue to fall. The company is on track to be a massive cash flow generator, with EBITDA margin expected to be about 43.8% by FY 30. Therefore, investors must be aligned with Sea’s long-term vision of focusing on growing its cash flows as it continues to penetrate the region’s markets. Based on its current growth trajectory, SE’s cash flow generating potential looks massive.</p><p><img src=\"https://static.tigerbbs.com/46dd783ffd94d877ef749555e8869764\" tg-width=\"1280\" tg-height=\"735\" referrerpolicy=\"no-referrer\"></p><p>AMZN’s &amp; SE’s EBITDA Margin Forecast &amp; CapEx Margin Forecast. Data Source: S&amp;P Global Market Intelligence</p><p>When we bring in AMZN’s forecasts, I believe investors can clearly see what I mean. AMZN is already quite profitable based on its EBITDA margin, while SE’s EBITDA margin profitability is probably just getting started and SE is expected to grow its EBITDA margins much faster than AMZN, and this only goes to show the tremendous potential of the markets that SE is operating in. Investors are clearly reminded to give Shopee time to scale up to deliver the kind of cash flow profitability that will drive future returns.</p><p><img src=\"https://static.tigerbbs.com/37f1f59f3a8d0e8ef6e74b521330d9f7\" tg-width=\"1280\" tg-height=\"714\" referrerpolicy=\"no-referrer\">SE’s Adjusted EBITDA. Source: SE 6-K</p><p>As we move on to the segmented Adjusted EBITDA presented by the company, we can then infer what SE CEO Forrest Li meant by “Garena providing the resources for the company to invest in Shopee and SeaMoney.”</p><p>The company is continuing to build on Garena’s success to deliver the resources needed to invest in Shopee and SeaMoney. Investors should consider Shopee and SeaMoney as an entity because they have tremendous synergies and are each other’s flywheel. Garena offers clear cash flow visibility for Shopee and SeaMoney to grow.</p><p>Garena’s bookings reached $1.1B in Q1’21, which represents a 117.4% YoY increase. The bookings consist of current revenue and change in deferred revenue, the part which provides visibility into future revenue recognition.</p><p>As can be seen, based on Adjusted EBITDA, which also included change in deferred revenue, SE has turned profitable. Unlike many other e-commerce companies or internet companies, SE already has a cash flow profitable Garena segment to provide the resources to drive its e-commerce and fintech segment growth. This combination is extremely powerful and, coupled with the company’s remarkable execution, has already brought FCF profitability to its operations, and soon EBITDA profitable. This will certainly allow SE to push even harder to drive more sustainable investments into more verticals and products to expand its ecosystem and further reduce the share of the pie available and pull itself further away from its closest competitors.</p><p>Therefore, investors must continue to pay attention to the key growth drivers in Garena, and how the company intends to stretch its leadership further to protect its key cash flow generator until Shopee and SeaMoney become self-sustainable.</p><p><img src=\"https://static.tigerbbs.com/3291643e2334f5cf171810ba13d16ca2\" tg-width=\"1100\" tg-height=\"604\" referrerpolicy=\"no-referrer\"></p><p>Shopee’s Adjusted EBITDA per order. Source:Techinasia</p><p>As Shopee continues to drive its fast expansion across the region, its unit economics have continued to improve remarkably, as it achieved operating efficiencies over time, leading to further reductions in Adjusted EBITDA loss per order. For Q1’21, the Adjusted EBITDA loss per order improved to $0.38, which represents a 38% YoY decline. As the company has guided earlier, it would not be long before Shopee achieves self-sustaining EBITDA profitability.</p><p><b>What’s Next for Garena?</b></p><p>At the Pocket Gamer Awards 2021, Garena received the Best Mobile Publisher Award, and Free Fire was also named the Best Battle Royale Game.</p><p>Yet, according to the company, Garena’s most popular self-developedFree Fireis</p><blockquote>still at an early stage of driving growth on the user base as well as pay user base for this game and developing it into a social platform where people not only come to play the core gameplay, but also enjoy other modes hangout, listen to music, social lives.”</blockquote><p>The company’s focus on Free Fire is notable as it is Garena’s most important revenue driver. Therefore the ability to scale Free Fire beyond just a game but into a social platform would bring Free Fire into its next phase of growth while continuing to grow its active user base and paying users. Sea also emphasized that the company continues to see “stickiness” in its active user metrics as the average active user spends about 2 to 3 hours daily on its platform. Not only has Garena grown its quarterly paying users 123.5% YoY, its quarterly paying users also represented 12.3% of quarterly active users (QAU) for Q1’21 as compared to 8.9% a year ago. Therefore driving the stickiness of the platform and encouraging more time spent among its active users would help to drive its paying user ratio up.</p><p>Sea believes that one of the key factors that could help to drive Garena towards its vision of a social platform is dramatically increasing its modes of engagement with its users. This is not just restricted to online activities, but also offline community engagement programs. The whole intent is to develop a “broad-based platform stickiness” beyond its top active users, by building and growing the platform into a much larger community and provide the users ample opportunities to socialize and engage through its ongoing content development, and its promotion of community engagement.</p><p>A key aspect of its community engagement strategies is focused on eSports. Sea believes that it operates the “largest mobile-game professional league in Southeast Asia, Taiwan and Brazil” and Free Fire was also named the “eSports Mobile Game of the Year at the eSports Awards 2020”. (Source: SE 20-F). The company continues to hold very large-scale eSports tournaments and events to strengthen its community engagement strategies such as Free Fire League Latinoamerica 2021, and its flagship Garena World event in April. On the 28th May, theFree Fire World Series 2021 Singapore(FFWS 2021 SG), which is Free Fire’s most prestigious eSports tournament, will take place in Singapore with a massive prize pool of US2M. Sea is showing no signs of ever letting the company’s most important revenue driver and most profitable segment to slip through its grip. Instead, it continues to build on its success as the leading eSports organizer in its markets.</p><p>Garena is also looking way beyond the success of Free Fire and is constantly developing its games portfolio pipeline through constant R&amp;D and product development with its “significant number of our more than 1,000 in-house game developers globally are constantly working on new ideas, while we continue to engage with third-party game studios for collaboration on promising and complementary game development and publishing opportunities.” (Source: SE Q1’21 earnings transcript)</p><p><b>Expanding Shopee’s Global Footprint and Verticals</b></p><p>Sea is actively expanding its presence in LatAm’s largest e-commerce market:Brazil, taking on MercadoLibre (MELI) in its most important market and with eyes on the whole LatAm. Although Sea is a relatively new player in e-commerce, having set up Shopee only in2015, the company is no stranger to taking on big incumbents. Shopee has already unseated the incumbent Alibaba-backed (BABA)Lazadaas the number one e-commerce platform in Southeast Asia. In addition, in its most important market, Indonesia, the company has also unseated incumbent Tokopedia as the leader, and Shopee was also recently reported to be themost visited e-commerce websiteamong Indonesian consumers in 2020.</p><p>Sea further highlighted that the company continued to rank first in MAU and total time spent on apps in the shopping category across its markets in Southeast Asia, and in Indonesia it also recorded its fastest quarterly YoY growth rates on record. (Source: SE Q1’21 earnings transcript)</p><p>Therefore, Sea is an extremely well-managed company, capable of pulling off challenging growth strategies against other large incumbents. Don’t bet against Sea.</p><p>In addition, the company has also ventured into other verticals such as food delivery to expand its ecosystem. Sea sees food delivery as a complementary offering in Shopee. In Vietnam, Sea-owned food delivery service Now which it acquired in 2017 is already themarket leader, having unseated the incumbent Grab. The company also recently launched its food delivery service in Jakarta, Indonesia, with plans to launch into other cities in the future.</p><p><b>The SeaMoney Synergies</b></p><p>Sea’s fintech platform SeaMoney continues to see continued success and growth as mobile wallet services TPV recorded a YoY growth of almost 209% to $3.4B, as ShopeePay continues to ride on the coattails of Shopee’s rapid growth. The company also highlighted that according to Snapcart Indonesia’s survey in March, “ShopeePay was the most used, the most remembered and most liked mobile wallet by Indonesian consumers during the first quarter.” (Source: SE Q1’21 earnings transcript)</p><p>The company is also aggressively expanding its off-platform use cases by establishing “partnerships with major consumer brands in Indonesia, one of which is their partnership with Indomaret, a leading Indonesian convenience store chain, as well as with Wendy’s(NASDAQ:WEN)and Domino’s Pizza(NYSE:DPZ).”</p><p>The company has also continued to improve the utility within ShopeePay adding new features such as “Deals Near Me”, which was said to have driven “significant footfall to its onboarded offline merchants.”</p><p>The strategy of incorporating the higher-margin digital financial services products such as wealth management products is also within the pipeline and is a natural extension of its fintech strategy. Although I believe this may be the most challenging aspect among its growth strategies within SeaMoney as financial services is a highly regulated market and the Southeast Asia region’s regulatory landscape largely differs between countries. Yet, it is still a key area of growth within the company’s overall fintech blueprint.</p><p><b>GoTo: What Should Investors Look Out For In The Tokopedia And Gojek Merger?</b></p><p>Much has been said recently regarding the SoftBank(OTCPK:SFTBY)and Alibaba-backedmergerbetween Tokopedia and Gojek and the risks it may pose to Sea’s leadership.</p><p>What’s important for investors to note is that in my opinion, the move seems born out of a measure of “desperation” to save their own businesses from the growing prowess of Grab (AGC) and SE in Gojek’s case and SE in Tokopedia’s case who have been aggressively taking away their respective market share, eventually culminating in them losing their respective market leadership. Therefore, it’s a marriage of two “losing” incumbents who have failed to stem the charge of their strong and well-managed new market entrants in Sea and Grab. Sea and Grab are themselves no strangers to dislodging market-leading incumbents, with Grab having sentUber Technologies(UBER) packing home from Southeast Asia and BABA-backed Lazada getting overtaken by Sea in the Southeast Asian market.</p><p>Grab’s food delivery business was reported to account for 53% of Indonesia’s food delivery market, while its ride-hailing business was reported to account for 64% of the Indonesian ride-hailing market in2019. Grab sees Indonesia as the crown jewel in its Southeast Asian portfolio, with Grab CEOAnthony Tanreportedly having spent a lot of time in Indonesia to oversee its growth strategies. With Grab projected to turnEBITDA profitable by 2023, I feel Gojek may have already crucially lost the initiative to Grab.</p><p>Tokopedia, which was founded in 2009 had a head start of close to 6 years over Shopee, a huge amount of time in Tech before Shopee commenced operations in 2015. In just a short span of 6 years, not only has Tokopedia lost its leadership position to Shopee, ShopeePay has also overtaken all the other e-payment players in Indonesia in a mere two years, as ShopeePay now holds a38% share, well ahead of Grab-backed OVO and Gojek’s GoPay, both holding 19% share each. Remember the Shopee and ShopeePay’s synergies, it’s like a flywheel, each driving increased usage of the other, and leading further to increased GMV and TPV respectively. Shopee also reportedly understands Indonesian consumers’ needs better, especially among the female consumers as compared to Tokopedia according to a report byMomentum Works:</p><blockquote>For Shopee, fashion and beauty are the most popular product categories. On the other hand, Tokopedia is more established in mobile and electronics. This explains why many of the female Indonesians are going to Shopee instead. For mobile and electronics, you probably only buy them once or twice a year. For fashion and beauty, it’s a different story. You can buy it every other month and even if you do not buy, you browse a lot – sending traffic to the platform. Impulse buying is also common for these categories, which is just nice for an ecosystem of shoppers, products as well as influencers.</blockquote><p>With Sea having already turned Adjusted EBITDA profitable in Q1’21, the company is well ready to take on the challenges of this merger between the two incumbents, who may have already crucially lost their opportunities to “turn back time”, even with a merger that is perhaps too little too late.</p><p><b>Valuations</b></p><p><img src=\"https://static.tigerbbs.com/9af1f1703d974dcc9562883dc04d1f13\" tg-width=\"1134\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p><p>Peers EV / Fwd Rev. Data Source: S&amp;P Global Market Intelligence</p><p>With such huge potential growth coming from Sea’s markets, Sea obviously trades at a premium when compared to its e-commerce peers, if we simply base off their respective expected revenue growth.</p><p><img src=\"https://static.tigerbbs.com/3607c4899ac3e4b1beccce944f68a638\" tg-width=\"1280\" tg-height=\"728\" referrerpolicy=\"no-referrer\"></p><p>Peers’ EBITDA Margin Forecast &amp; CapEx Forecast. Data Source: S&amp;P Global Market Intelligence</p><p>However, when we peek into Sea’s superior future cash flow generating capability using its projected EBITDA margins, we can see that Sea is only just getting started.</p><p>Since the company is expected to produce predictable cash flows moving forward, I find it meaningful to conduct a DCF valuation framework to determine a range of fair values with the results presented below.</p><p>Based on the DCF framework, I find SE undervalued by about 26% at the midpoint of its fair value range, with respect to the stock price of $246.33 as at 21 May 21. Therefore, I find the price level highly attractive.</p><p><img src=\"https://static.tigerbbs.com/0e8d8cce67ca4c035e6314b345d5f05a\" tg-width=\"1280\" tg-height=\"277\" referrerpolicy=\"no-referrer\"></p><p>Range of Fair Values. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/84cb6fe959ae96e28a8f3a60146ec35f\" tg-width=\"1154\" tg-height=\"726\" referrerpolicy=\"no-referrer\"></p><p>WACC computation. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/8982fb5ac9e8bb059635b287f81fe221\" tg-width=\"1280\" tg-height=\"206\" referrerpolicy=\"no-referrer\"></p><p>Fwd Rev &amp; Fwd EBITDA. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/4e1e7da44b94ab543e888920747044ca\" tg-width=\"1172\" tg-height=\"934\" referrerpolicy=\"no-referrer\"></p><p>Unlevered FCF &amp; Enterprise Value. Data Source: S&amp;P Global Market Intelligence</p><p><img src=\"https://static.tigerbbs.com/75f2f24a8f6afecdf6bf0644d9bf8423\" tg-width=\"1014\" tg-height=\"696\" referrerpolicy=\"no-referrer\"></p><p>Equity Value Bridge. Data Source: S&amp;P Global Market Intelligence</p><p><b>Price Action and Technical Analysis</b></p><p><img src=\"https://static.tigerbbs.com/bab4482ce4bebbe89bc6636f5d39f10d\" tg-width=\"1280\" tg-height=\"798\" referrerpolicy=\"no-referrer\">Source: TradingView</p><p>SE has been on a meteoric rise since Mar 20, and as at the date of writing (21 May 21), the stock was down by about 13% from its all-time high in Feb 21. The price level between $275 and $285 looks to be an area of key resistance and bull traps previously set to lure in late buyers.</p><p>Key support is at $200, with the 50-period MA also serving as a key dynamic support area. I may continue to add more positions into this stock if the price level retraces nearer to $200 at the next retracement.</p><p>Otherwise, investors who wish to initiate or add more positions may find the current price attractive.</p><p>Further key support levels are currently at $179 and $155, areas that I would likely add very aggressively if the price was to retrace to those areas.</p><p><b>Conclusion</b></p><p>Sea is a very well-managed and ambitious integrated Internet company that looks to be at the next phase of its rapid growth and profitability. Investors may wish to take advantage of the current consolidation phase to gain entry or add positions to this potentially massive cash flow machine.</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>Sea Limited Is Ready To Fire On All Cylinders</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\">\nSea Limited Is Ready To Fire On All Cylinders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4430755-sea-limited-stock-se-ready-to-fire-on-all-cylinders><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance.Investors need to pay attention to its potential cash flow margins that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4430755-sea-limited-stock-se-ready-to-fire-on-all-cylinders\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4430755-sea-limited-stock-se-ready-to-fire-on-all-cylinders","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1154364832","content_text":"SummarySea Limited continues to extend its leadership across all its business segments with a blockbuster Q1’21 performance.Investors need to pay attention to its potential cash flow margins that could far exceed even AMZN and MELI.At the current price, investors are getting a bargain even at the bear case of its fair value range with a DCF framework.Photo by Wachiwit/iStock Editorial via Getty ImagesInvestment ThesisSea Limited (SE) has fallen about 13% from its all-time high. The company has continued to dominate its markets and looks certain to further extend its leadership position and expand its verticals to take even more market share away from its competitors. Investors should take advantage of the consolidation to initiate or add positions to this potential massive cash flow generator.Earnings Review and What To Look Out For?Sea Limited is the largest integrated Internet company in South East Asia, with operations spanning across gaming, e-commerce, and fintech.The company’s recent Q1’21 results were another blockbuster across all business segments, demonstrating the company’s strong leadership and well-executed growth strategies towards itsvision:We think we stand in the best position to capitalize on the opportunity to build the largest consumer Internet ecosystem in the region. And we'll continue to focus on executing on our core businesses as well as building those ecosystems.As a reminder, for its e-commerce segment Shopee, Sea considers its region to comprise the following markets: Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia, and Singapore, of which Indonesia is the company’s largest market.For its gaming segmentGarena, the company’s largest and growing markets comprise Southeast Asia, Taiwan, Brazil, Mexico, India, North America, Russia, and the Middle East.SE’s Quarterly Results. Data Source: S&P Global Market IntelligenceQ1’21 YoY revenue growth accelerated to 146.7%. In fact, Q1’21 is the 11th consecutive quarter of >100% YoY revenue growth. The company’s main revenue driverGarena recorded a 111.4% YoY rise, while Shopee and other services recorded a 189.8% YoY increase.Gross margin also improved significantly compared to the prior year. Q1’21 gross margin came in at 36.6% as compared to 28.9% a year ago. In its respective segments, Garena’s gross margin also improved to 68.2% from 38.6% a year ago, while Shopee’s gross margin went up to 13.7% from 7.1% a year ago.SE’s LTM results. Data Source: S&P Global Market IntelligenceLooking across the longer-term trend using the LTM basis, we could also see similar fantastic top line performance. LTM YoY revenue growth came in at 113.7%, and gross margin also improved to 33% compared to 30.4% a year ago. Therefore, investors should be encouraged to know that Sea’s top line performance has been consistently getting better and better even as it scaled up fast, improving its cost of revenue ratio, showing just how capable the company is in being able to execute its growth strategies across multiple countries within its region.Investors may want to continue paying attention to the company’s sales and marketing spend as it still accounted for the majority of the operating expenses in both the Q and LTM results, respectively. More importantly, sales and marketing spend as a percentage of revenue has continued to fall as the company scaled up, reflecting improving cost efficiencies over time.SE’s OPEX as a % of Revenue (LTM Trend). Data Source: S&P Global Market IntelligenceThis has certainly helped to improve the company’s overall cost efficiencies over time, showing clearly the benefits of economies of scale of the company’s business model. LTM sales and marketing spend improved to 40.6% of revenue from 43.3% a year ago, while LTM overall operating expenses improved to 59.9% of revenue from 67.4% a year ago.This has helped to narrow the company’s LTM negative operating margin to -27% from -37%. Investors should be reminded not to focus on SE’s near-term operating margins as a gauge of the company’s core operating performance. This is because the company is still in the early stages (despite growing so rapidly) of penetrating Southeast Asia’s massive e-commerce market, of which it is the clear leader currently. The company is expected to continue investing heavily in sales and marketing, in order to drive the massive potential for growth in the region and to establish itself as the future undisputed e-commerce leader in the region taking the large majority of the pie, leaving the rest of its competitors to only be able to compete in their much smaller respective niche market segments, just like what Amazon (AMZN) had done in its established markets.In fact, Sea’s CEOForrest Li, who was named “Singapore Businessman of the Year at the 35th Singapore Business Awards in Nov 20” added:Let me put it this way, it (Shopee) can be profitable anytime. But I think what's really important to us is we think it's still very early days for e-commerce development. We are in a very good situation because Garena has been profitable - actually it's pretty profitable, and this gives us the resources to invest in Shopee, invest in SeaMoney. I think pretty soon, Shopee will turn to be profitable as well. In certain markets, like Taiwan, it's already profitable. And then we will have more resources; two cash flow generators: Garena and Shopee. This allows us to continually invest in future opportunities.I have previously discussed (articles listedhereandhere) how important it is for investors to focus on cash flows for companies with massive scalability potential like Coupang (CPNG) and Opendoor Technologies (OPEN) which are still in their early days of penetrating their respective markets.It is the same focus for Sea as we attempt to delve deeper into its cash flow generating ability. Sea uses Adjusted EBITDA to report its cash flow performance. I will present the discussion from FCF and EBITDA point of view first as a matter of consistency, before going over to the Adjusted EBITDA metrics.SE’s LTM CFO Margin and LTM FCF Margin. Data Source: S&P Global Market IntelligenceA quick glance over to its cash flow statement unveiled just how well-performing SE has been with its cash flow management. In fact, SE’s CFO and FCF performance has been improving remarkably over time as it scaled up quickly, and the company is just getting started. Its LTM CFO margins have been steadily improving over the previous year from -5.36% to 17.28% for the Q1’21 quarter. In addition, its LTM FCF margins also improved steadily over the previous year from -13.4% to 11.08%.SE’s EBITDA Margin & EBIT Margin. Data Source: S&P Global Market IntelligenceWhen we move over to its EBITDA margins, the improvement in trend of its core operating performance is also clearly discernible. Although it has yet to turn EBITDA positive, it was due mainly to necessary investments in sales and marketing.SE’s CapEx Margin & CFO Margin. Data Source: S&P Global Market IntelligenceSE has also benefited from the huge improvement in its core operating performance as seen in its CFO margin trend, while its heavy earlier CapEx investments have started to bear fruit as it scaled, as the CapEx margin is trending lower, and its CFO will now be able to sustain its CapEx moving forward.It’s very clear that SE’s business has well cleared its inflection point of heavy investments to scale up, and the company is well on its way to generate huge cash flows in the future as it continues to power ahead in its market penetration.SE’s EBITDA Margin Forecast & CapEx Margin Forecast. Data Source: S&P Global Market IntelligenceMoving ahead, we can also see that SE’s forward EBITDA margin trend is expected to significantly expand, while CapEx margin is expected to continue to fall. The company is on track to be a massive cash flow generator, with EBITDA margin expected to be about 43.8% by FY 30. Therefore, investors must be aligned with Sea’s long-term vision of focusing on growing its cash flows as it continues to penetrate the region’s markets. Based on its current growth trajectory, SE’s cash flow generating potential looks massive.AMZN’s & SE’s EBITDA Margin Forecast & CapEx Margin Forecast. Data Source: S&P Global Market IntelligenceWhen we bring in AMZN’s forecasts, I believe investors can clearly see what I mean. AMZN is already quite profitable based on its EBITDA margin, while SE’s EBITDA margin profitability is probably just getting started and SE is expected to grow its EBITDA margins much faster than AMZN, and this only goes to show the tremendous potential of the markets that SE is operating in. Investors are clearly reminded to give Shopee time to scale up to deliver the kind of cash flow profitability that will drive future returns.SE’s Adjusted EBITDA. Source: SE 6-KAs we move on to the segmented Adjusted EBITDA presented by the company, we can then infer what SE CEO Forrest Li meant by “Garena providing the resources for the company to invest in Shopee and SeaMoney.”The company is continuing to build on Garena’s success to deliver the resources needed to invest in Shopee and SeaMoney. Investors should consider Shopee and SeaMoney as an entity because they have tremendous synergies and are each other’s flywheel. Garena offers clear cash flow visibility for Shopee and SeaMoney to grow.Garena’s bookings reached $1.1B in Q1’21, which represents a 117.4% YoY increase. The bookings consist of current revenue and change in deferred revenue, the part which provides visibility into future revenue recognition.As can be seen, based on Adjusted EBITDA, which also included change in deferred revenue, SE has turned profitable. Unlike many other e-commerce companies or internet companies, SE already has a cash flow profitable Garena segment to provide the resources to drive its e-commerce and fintech segment growth. This combination is extremely powerful and, coupled with the company’s remarkable execution, has already brought FCF profitability to its operations, and soon EBITDA profitable. This will certainly allow SE to push even harder to drive more sustainable investments into more verticals and products to expand its ecosystem and further reduce the share of the pie available and pull itself further away from its closest competitors.Therefore, investors must continue to pay attention to the key growth drivers in Garena, and how the company intends to stretch its leadership further to protect its key cash flow generator until Shopee and SeaMoney become self-sustainable.Shopee’s Adjusted EBITDA per order. Source:TechinasiaAs Shopee continues to drive its fast expansion across the region, its unit economics have continued to improve remarkably, as it achieved operating efficiencies over time, leading to further reductions in Adjusted EBITDA loss per order. For Q1’21, the Adjusted EBITDA loss per order improved to $0.38, which represents a 38% YoY decline. As the company has guided earlier, it would not be long before Shopee achieves self-sustaining EBITDA profitability.What’s Next for Garena?At the Pocket Gamer Awards 2021, Garena received the Best Mobile Publisher Award, and Free Fire was also named the Best Battle Royale Game.Yet, according to the company, Garena’s most popular self-developedFree Fireisstill at an early stage of driving growth on the user base as well as pay user base for this game and developing it into a social platform where people not only come to play the core gameplay, but also enjoy other modes hangout, listen to music, social lives.”The company’s focus on Free Fire is notable as it is Garena’s most important revenue driver. Therefore the ability to scale Free Fire beyond just a game but into a social platform would bring Free Fire into its next phase of growth while continuing to grow its active user base and paying users. Sea also emphasized that the company continues to see “stickiness” in its active user metrics as the average active user spends about 2 to 3 hours daily on its platform. Not only has Garena grown its quarterly paying users 123.5% YoY, its quarterly paying users also represented 12.3% of quarterly active users (QAU) for Q1’21 as compared to 8.9% a year ago. Therefore driving the stickiness of the platform and encouraging more time spent among its active users would help to drive its paying user ratio up.Sea believes that one of the key factors that could help to drive Garena towards its vision of a social platform is dramatically increasing its modes of engagement with its users. This is not just restricted to online activities, but also offline community engagement programs. The whole intent is to develop a “broad-based platform stickiness” beyond its top active users, by building and growing the platform into a much larger community and provide the users ample opportunities to socialize and engage through its ongoing content development, and its promotion of community engagement.A key aspect of its community engagement strategies is focused on eSports. Sea believes that it operates the “largest mobile-game professional league in Southeast Asia, Taiwan and Brazil” and Free Fire was also named the “eSports Mobile Game of the Year at the eSports Awards 2020”. (Source: SE 20-F). The company continues to hold very large-scale eSports tournaments and events to strengthen its community engagement strategies such as Free Fire League Latinoamerica 2021, and its flagship Garena World event in April. On the 28th May, theFree Fire World Series 2021 Singapore(FFWS 2021 SG), which is Free Fire’s most prestigious eSports tournament, will take place in Singapore with a massive prize pool of US2M. Sea is showing no signs of ever letting the company’s most important revenue driver and most profitable segment to slip through its grip. Instead, it continues to build on its success as the leading eSports organizer in its markets.Garena is also looking way beyond the success of Free Fire and is constantly developing its games portfolio pipeline through constant R&D and product development with its “significant number of our more than 1,000 in-house game developers globally are constantly working on new ideas, while we continue to engage with third-party game studios for collaboration on promising and complementary game development and publishing opportunities.” (Source: SE Q1’21 earnings transcript)Expanding Shopee’s Global Footprint and VerticalsSea is actively expanding its presence in LatAm’s largest e-commerce market:Brazil, taking on MercadoLibre (MELI) in its most important market and with eyes on the whole LatAm. Although Sea is a relatively new player in e-commerce, having set up Shopee only in2015, the company is no stranger to taking on big incumbents. Shopee has already unseated the incumbent Alibaba-backed (BABA)Lazadaas the number one e-commerce platform in Southeast Asia. In addition, in its most important market, Indonesia, the company has also unseated incumbent Tokopedia as the leader, and Shopee was also recently reported to be themost visited e-commerce websiteamong Indonesian consumers in 2020.Sea further highlighted that the company continued to rank first in MAU and total time spent on apps in the shopping category across its markets in Southeast Asia, and in Indonesia it also recorded its fastest quarterly YoY growth rates on record. (Source: SE Q1’21 earnings transcript)Therefore, Sea is an extremely well-managed company, capable of pulling off challenging growth strategies against other large incumbents. Don’t bet against Sea.In addition, the company has also ventured into other verticals such as food delivery to expand its ecosystem. Sea sees food delivery as a complementary offering in Shopee. In Vietnam, Sea-owned food delivery service Now which it acquired in 2017 is already themarket leader, having unseated the incumbent Grab. The company also recently launched its food delivery service in Jakarta, Indonesia, with plans to launch into other cities in the future.The SeaMoney SynergiesSea’s fintech platform SeaMoney continues to see continued success and growth as mobile wallet services TPV recorded a YoY growth of almost 209% to $3.4B, as ShopeePay continues to ride on the coattails of Shopee’s rapid growth. The company also highlighted that according to Snapcart Indonesia’s survey in March, “ShopeePay was the most used, the most remembered and most liked mobile wallet by Indonesian consumers during the first quarter.” (Source: SE Q1’21 earnings transcript)The company is also aggressively expanding its off-platform use cases by establishing “partnerships with major consumer brands in Indonesia, one of which is their partnership with Indomaret, a leading Indonesian convenience store chain, as well as with Wendy’s(NASDAQ:WEN)and Domino’s Pizza(NYSE:DPZ).”The company has also continued to improve the utility within ShopeePay adding new features such as “Deals Near Me”, which was said to have driven “significant footfall to its onboarded offline merchants.”The strategy of incorporating the higher-margin digital financial services products such as wealth management products is also within the pipeline and is a natural extension of its fintech strategy. Although I believe this may be the most challenging aspect among its growth strategies within SeaMoney as financial services is a highly regulated market and the Southeast Asia region’s regulatory landscape largely differs between countries. Yet, it is still a key area of growth within the company’s overall fintech blueprint.GoTo: What Should Investors Look Out For In The Tokopedia And Gojek Merger?Much has been said recently regarding the SoftBank(OTCPK:SFTBY)and Alibaba-backedmergerbetween Tokopedia and Gojek and the risks it may pose to Sea’s leadership.What’s important for investors to note is that in my opinion, the move seems born out of a measure of “desperation” to save their own businesses from the growing prowess of Grab (AGC) and SE in Gojek’s case and SE in Tokopedia’s case who have been aggressively taking away their respective market share, eventually culminating in them losing their respective market leadership. Therefore, it’s a marriage of two “losing” incumbents who have failed to stem the charge of their strong and well-managed new market entrants in Sea and Grab. Sea and Grab are themselves no strangers to dislodging market-leading incumbents, with Grab having sentUber Technologies(UBER) packing home from Southeast Asia and BABA-backed Lazada getting overtaken by Sea in the Southeast Asian market.Grab’s food delivery business was reported to account for 53% of Indonesia’s food delivery market, while its ride-hailing business was reported to account for 64% of the Indonesian ride-hailing market in2019. Grab sees Indonesia as the crown jewel in its Southeast Asian portfolio, with Grab CEOAnthony Tanreportedly having spent a lot of time in Indonesia to oversee its growth strategies. With Grab projected to turnEBITDA profitable by 2023, I feel Gojek may have already crucially lost the initiative to Grab.Tokopedia, which was founded in 2009 had a head start of close to 6 years over Shopee, a huge amount of time in Tech before Shopee commenced operations in 2015. In just a short span of 6 years, not only has Tokopedia lost its leadership position to Shopee, ShopeePay has also overtaken all the other e-payment players in Indonesia in a mere two years, as ShopeePay now holds a38% share, well ahead of Grab-backed OVO and Gojek’s GoPay, both holding 19% share each. Remember the Shopee and ShopeePay’s synergies, it’s like a flywheel, each driving increased usage of the other, and leading further to increased GMV and TPV respectively. Shopee also reportedly understands Indonesian consumers’ needs better, especially among the female consumers as compared to Tokopedia according to a report byMomentum Works:For Shopee, fashion and beauty are the most popular product categories. On the other hand, Tokopedia is more established in mobile and electronics. This explains why many of the female Indonesians are going to Shopee instead. For mobile and electronics, you probably only buy them once or twice a year. For fashion and beauty, it’s a different story. You can buy it every other month and even if you do not buy, you browse a lot – sending traffic to the platform. Impulse buying is also common for these categories, which is just nice for an ecosystem of shoppers, products as well as influencers.With Sea having already turned Adjusted EBITDA profitable in Q1’21, the company is well ready to take on the challenges of this merger between the two incumbents, who may have already crucially lost their opportunities to “turn back time”, even with a merger that is perhaps too little too late.ValuationsPeers EV / Fwd Rev. Data Source: S&P Global Market IntelligenceWith such huge potential growth coming from Sea’s markets, Sea obviously trades at a premium when compared to its e-commerce peers, if we simply base off their respective expected revenue growth.Peers’ EBITDA Margin Forecast & CapEx Forecast. Data Source: S&P Global Market IntelligenceHowever, when we peek into Sea’s superior future cash flow generating capability using its projected EBITDA margins, we can see that Sea is only just getting started.Since the company is expected to produce predictable cash flows moving forward, I find it meaningful to conduct a DCF valuation framework to determine a range of fair values with the results presented below.Based on the DCF framework, I find SE undervalued by about 26% at the midpoint of its fair value range, with respect to the stock price of $246.33 as at 21 May 21. Therefore, I find the price level highly attractive.Range of Fair Values. Data Source: S&P Global Market IntelligenceWACC computation. Data Source: S&P Global Market IntelligenceFwd Rev & Fwd EBITDA. Data Source: S&P Global Market IntelligenceUnlevered FCF & Enterprise Value. Data Source: S&P Global Market IntelligenceEquity Value Bridge. Data Source: S&P Global Market IntelligencePrice Action and Technical AnalysisSource: TradingViewSE has been on a meteoric rise since Mar 20, and as at the date of writing (21 May 21), the stock was down by about 13% from its all-time high in Feb 21. The price level between $275 and $285 looks to be an area of key resistance and bull traps previously set to lure in late buyers.Key support is at $200, with the 50-period MA also serving as a key dynamic support area. I may continue to add more positions into this stock if the price level retraces nearer to $200 at the next retracement.Otherwise, investors who wish to initiate or add more positions may find the current price attractive.Further key support levels are currently at $179 and $155, areas that I would likely add very aggressively if the price was to retrace to those areas.ConclusionSea is a very well-managed and ambitious integrated Internet company that looks to be at the next phase of its rapid growth and profitability. Investors may wish to take advantage of the current consolidation phase to gain entry or add positions to this potentially massive cash flow machine.","news_type":1},"isVote":1,"tweetType":1,"viewCount":626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108071619,"gmtCreate":1619968247831,"gmtModify":1704336862266,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Nio?&nbsp;","listText":"Nio?&nbsp;","text":"Nio?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/108071619","repostId":"1137943982","repostType":4,"repost":{"id":"1137943982","pubTimestamp":1619749878,"share":"https://ttm.financial/m/news/1137943982?lang=&edition=fundamental","pubTime":"2021-04-30 10:31","market":"us","language":"en","title":"XPeng Vs. NIO: Which EV Stock Is The Better Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1137943982","media":"seekingalpha","summary":"The EV industry experiences high growth rates and there are many new market entrants.NIO and XPeng belong to the highest-growth EV companies and have a lot of potential in their home market China.Both have some unique offerings, trade at a discount compared to Tesla, and grow more quickly. But which one is the better choice?Electric vehicle companies have experienced a big increase in investor interest over the last year, as the EV market continued to expand at a rapid pace. The number of EV sto","content":"<p><b>Summary</b></p>\n<ul>\n <li>The EV industry experiences high growth rates and there are many new market entrants.</li>\n <li>NIO and XPeng belong to the highest-growth EV companies and have a lot of potential in their home market China.</li>\n <li>Both have some unique offerings, trade at a discount compared to Tesla, and grow more quickly. But which one is the better choice?</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f4aaa88cf5d3f942b0de6eda862dd6dd\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by jonathanfilskov-photography/iStock via Getty Images</span></p>\n<p>Electric vehicle companies have experienced a big increase in investor interest over the last year, as the EV market continued to expand at a rapid pace. The number of EV stocks investors can choose from continues to rise as well, and two of the biggest ones are NIO (NIO) and XPeng (XPEV). In this article, we will take a look at these two major Chinese EV pure-plays to decide which one may be a better investment.</p>\n<p><b>XPeng Versus NIO Stock</b></p>\n<p>XPeng Inc and NIO Inc have both seen their share prices rise considerably over the last year. New investors rushed into markets, while interest in EV stocks rose, which could be seen in the share prices of the likes of Tesla (TSLA), but also with these two Chinese EV players:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/76ba39e1d303590ed1db133e32f7f347\" tg-width=\"635\" tg-height=\"467\"><span>Data by YCharts</span></p>\n<p>Right now, with shares trading at $41 and $31, respectively, NIO and XPeng are valued at $67 billion and $25 billion. This is a far cry from the $700 billion Tesla is valued at, but both NIO and XPeng still belong to the EV pure-plays with the highest market capitalizations. Others in this category include BYD (OTCPK:BYDDY) and Li Auto (LI).</p>\n<p>The big share price increases these two companies have experienced bring up the question of whether these valuations do make sense. This is a question where some will agree and others will not - both companies are growing very fast, which naturally warrants a higher valuation, but on the other hand, they are both not profitable yet, and current forecasts do see them remain unprofitable through 2022. We will take a closer look at valuation further down in this article.</p>\n<p><b>Exposure To The High-Growth Chinese EV Market</b></p>\n<p>Both companies are located in China, manufacture their cars in China, and primarily sell their vehicles in China. China is one of the biggest EV markets in the world, and the biggest overall automobile market globally. Chinese politicians have ambitious goals of increasing the amount of EVs on the country's roads, partially due to a need to reduce local emissions in order to fight smog troubles. On top of that, China has a rapidly growing middle class, which is, of course, a major tailwind for consumption, which also benefits purchases of EVs and other vehicles.</p>\n<p>In 2020, 1.3 million EVs were sold in China, which represents about 40% of the global EV market. Forecasts see a&nbsp;50% increase&nbsp;in EVs being sold in China in 2021, which gets us to an estimated 2.0 million electric vehicles being sold in China this year.</p>\n<p>The high growth rate in their home market has been a major driver for both NIO's and XPeng's growth. During 2020, NIO sold&nbsp;44,000 vehicles, but a lot more growth is forecasted for the current year. NIO planned to sell more than 20,000 vehicles in Q1 alone, which equates to an annual pace of more than 80,000, and with further ramp-up expected for Q2-Q4, it is likely that NIO will sell at least 100,000 of its EVs this year.</p>\n<p>Xiaopeng Motors, on the other hand,has sold 27,000 vehicles&nbsp;in 2020, albeit its pace already stood at more than 50,000 vehicles annually in Q4. XPeng has guided for at least 12,500 EVs being sold in Q1, and factoring in the seasonality of the business and further ramp-up of production in coming quarters, it is very likely that XPeng will more than double its sales this year.</p>\n<p>Looking at analyst estimates, we see that this year's strong growth that is expected for both companies is not an outlier. Instead, 2022 will be another year during which both NIO and XPeng should grow at a strong pace.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d2acba3a3368db073de724bd97eb71c\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p>\n<p>NIO is forecasted to grow its revenues to $5.4 billion this year, with another 59% growth forecasted for 2022, while revenues for 2023 are expected at $12.5 billion (up 45% versus 2022's expected revenues).</p>\n<p>XPeng data is not available at YCharts, but the growth curves look very strong as well -analysts are forecasting&nbsp;that revenues will hit $2.1 billion this year (up 130% versus 2020), and that revenues during 2022 will hit $4.2 billion, up by another 100%.</p>\n<p>Among the two, NIO is the larger one by both vehicle deliveries and revenues, which is also reflected in its higher valuation. XPeng, however, with its strong expected growth, will also become a much larger player in this space over the next couple of years.</p>\n<p>Looking at market share, we see that NIO sells about one in every 20 EVs in China, while XPeng, due to its smaller size, sells about one in every 35 EVs. Both have bigger peers in their home market China, including Tesla, but at the same time, both NIO and XPeng are growing faster than the market. This should result in ongoing market share gains for both companies over the coming years. Thanks to the ongoing introduction of new models and their aggressive growth plans, it seems likely that both companies will continue to gain share over the coming years, as their above-market growth will be maintained.</p>\n<p><b>Unique Pros For NIO And XPeng</b></p>\n<p>When looking at unique selling points for these two companies in the crowded EV market, both are trying to set themselves aside from competitors. One of NIO's best arguments for why consumers should buy a NIO-branded car is its battery-swapping technology and battery-as-a-service offering. This service allows consumers to swap their batteries in a couple of minutes, which negates one of the main arguments consumers may still hold against EVs - that it takes too long to recharge a vehicle while on a road trip or similar.</p>\n<p>With NIO's technology, which has been used millions of times already, this isn't a concern, at least while consumers live and travel in a geographic area with a dense battery-swapping network. Such networks do not exist outside of China yet, but in its home market, NIO can clearly differentiate itself from competitors with BAAS.</p>\n<p>XPeng, on the other hand, is working hard on branding itself as the \"Smart EV\" company. It puts an above-average focus on R&amp;D and is working hard on bringing smart technologies like advanced driver assistance systems to consumers. This strategy is primarily aimed at younger consumers. XPeng has managed to become one of the more popular EV players in China, but its offering is still not as unique as NIO's BAAS.</p>\n<p><b>Chinese EV Market: Tailwinds For Domestic Producers</b></p>\n<p>Tesla is still the largest EV player in the world, and it also sells a large amount of cars in China. Recent news, however, shows why domestic producers may ultimately be favored in China. Tesla is experiencing more scrutiny by the Chinese government and Chinese regulators, which has gotten so far that Tesla vehicles have been prevented from&nbsp;accessing some highways&nbsp;in the country due to safety concerns. Its vehicles have also reportedly been banned from military bases in the country, and the company has also experienced&nbsp;social media campaigns&nbsp;that are very unfavorable towards Tesla.</p>\n<p>It looks like a theme that has been visible in other industries as well - Chinese regulators and governments favor domestic producers - could hold true in the high-growth EV industry as well. This positions NIO and XPeng well for success in their home countries.</p>\n<p><b>NIO And XPeng: Valuation</b></p>\n<p>Since both companies aren't profitable yet, we can't use earnings multiple to decide whether they are undervalued or not. We can, however, look at revenue multiples to deduce whether shares are favorably priced right now.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/12557115440606d283aa6aa8ff14c611\" tg-width=\"635\" tg-height=\"433\"><span>Data by YCharts</span></p>\n<p>NIO is trading at 5.6 times 2023's expected revenue, while XPeng is valued at roughly 3 times 2023's expected revenue (data not available on YCharts). This compares favorably versus the current EV king Tesla, which trades at 8 times 2023's expected revenue. On the other hand, however, both NIO and XPeng are of course way more expensive than legacy auto companies with a growing EV presence, including Volkswagen (OTCPK:VWAGY), which trades at less than 1 times its annual sales.</p>\n<p><b>Is NIO Or XPeng A Buy</b></p>\n<p>Both companies enjoy high growth rates, have shown solid Q1 results, and both benefit from China's policy of favoring domestic companies in a range of ways. It can be expected that both NIO Inc and XPeng Inc will continue to do well operationally, and it is also worth mentioning that both companies are significantly less expensive than Tesla, the current leader in the EV space. It is noteworthy that NIO and XPeng are less expensive despite delivering stronger growth rates on a relative basis.</p>\n<p>At the same time, however, one can't say that either of these companies is inexpensive - they both still trade at large premiums over legacy auto companies.</p>\n<p>Due to the fact that NIO has gotten farther in growing its business so far, combined with the very unique BAAS offering that clearly differentiates it from peers and provides a major reason to use its products, I see it as a more favorable choice than XPeng generally. I believe this warrants a premium versus XPeng, which isn't as uniquely positioned and could experience more growing pains in coming years due to its smaller size.</p>\n<p>Nevertheless, due to valuation, I don't think NIO's shares are a great buy right here, even though I would prefer them over those of XPeng (and I would prefer both over those of Tesla). Investors may want to wait for more favorable prices before entering or expanding a position if the current valuation gives them a pause - both when it comes to these two companies, as well as when other EV companies are considered.</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>XPeng Vs. NIO: Which EV Stock Is The Better Buy</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\">\nXPeng Vs. NIO: Which EV Stock Is The Better Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 10:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4422352-xpeng-vs-nio-stock-better-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe EV industry experiences high growth rates and there are many new market entrants.\nNIO and XPeng belong to the highest-growth EV companies and have a lot of potential in their home market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4422352-xpeng-vs-nio-stock-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4422352-xpeng-vs-nio-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1137943982","content_text":"Summary\n\nThe EV industry experiences high growth rates and there are many new market entrants.\nNIO and XPeng belong to the highest-growth EV companies and have a lot of potential in their home market China.\nBoth have some unique offerings, trade at a discount compared to Tesla, and grow more quickly. But which one is the better choice?\n\nPhoto by jonathanfilskov-photography/iStock via Getty Images\nElectric vehicle companies have experienced a big increase in investor interest over the last year, as the EV market continued to expand at a rapid pace. The number of EV stocks investors can choose from continues to rise as well, and two of the biggest ones are NIO (NIO) and XPeng (XPEV). In this article, we will take a look at these two major Chinese EV pure-plays to decide which one may be a better investment.\nXPeng Versus NIO Stock\nXPeng Inc and NIO Inc have both seen their share prices rise considerably over the last year. New investors rushed into markets, while interest in EV stocks rose, which could be seen in the share prices of the likes of Tesla (TSLA), but also with these two Chinese EV players:\nData by YCharts\nRight now, with shares trading at $41 and $31, respectively, NIO and XPeng are valued at $67 billion and $25 billion. This is a far cry from the $700 billion Tesla is valued at, but both NIO and XPeng still belong to the EV pure-plays with the highest market capitalizations. Others in this category include BYD (OTCPK:BYDDY) and Li Auto (LI).\nThe big share price increases these two companies have experienced bring up the question of whether these valuations do make sense. This is a question where some will agree and others will not - both companies are growing very fast, which naturally warrants a higher valuation, but on the other hand, they are both not profitable yet, and current forecasts do see them remain unprofitable through 2022. We will take a closer look at valuation further down in this article.\nExposure To The High-Growth Chinese EV Market\nBoth companies are located in China, manufacture their cars in China, and primarily sell their vehicles in China. China is one of the biggest EV markets in the world, and the biggest overall automobile market globally. Chinese politicians have ambitious goals of increasing the amount of EVs on the country's roads, partially due to a need to reduce local emissions in order to fight smog troubles. On top of that, China has a rapidly growing middle class, which is, of course, a major tailwind for consumption, which also benefits purchases of EVs and other vehicles.\nIn 2020, 1.3 million EVs were sold in China, which represents about 40% of the global EV market. Forecasts see a 50% increase in EVs being sold in China in 2021, which gets us to an estimated 2.0 million electric vehicles being sold in China this year.\nThe high growth rate in their home market has been a major driver for both NIO's and XPeng's growth. During 2020, NIO sold 44,000 vehicles, but a lot more growth is forecasted for the current year. NIO planned to sell more than 20,000 vehicles in Q1 alone, which equates to an annual pace of more than 80,000, and with further ramp-up expected for Q2-Q4, it is likely that NIO will sell at least 100,000 of its EVs this year.\nXiaopeng Motors, on the other hand,has sold 27,000 vehicles in 2020, albeit its pace already stood at more than 50,000 vehicles annually in Q4. XPeng has guided for at least 12,500 EVs being sold in Q1, and factoring in the seasonality of the business and further ramp-up of production in coming quarters, it is very likely that XPeng will more than double its sales this year.\nLooking at analyst estimates, we see that this year's strong growth that is expected for both companies is not an outlier. Instead, 2022 will be another year during which both NIO and XPeng should grow at a strong pace.\nData by YCharts\nNIO is forecasted to grow its revenues to $5.4 billion this year, with another 59% growth forecasted for 2022, while revenues for 2023 are expected at $12.5 billion (up 45% versus 2022's expected revenues).\nXPeng data is not available at YCharts, but the growth curves look very strong as well -analysts are forecasting that revenues will hit $2.1 billion this year (up 130% versus 2020), and that revenues during 2022 will hit $4.2 billion, up by another 100%.\nAmong the two, NIO is the larger one by both vehicle deliveries and revenues, which is also reflected in its higher valuation. XPeng, however, with its strong expected growth, will also become a much larger player in this space over the next couple of years.\nLooking at market share, we see that NIO sells about one in every 20 EVs in China, while XPeng, due to its smaller size, sells about one in every 35 EVs. Both have bigger peers in their home market China, including Tesla, but at the same time, both NIO and XPeng are growing faster than the market. This should result in ongoing market share gains for both companies over the coming years. Thanks to the ongoing introduction of new models and their aggressive growth plans, it seems likely that both companies will continue to gain share over the coming years, as their above-market growth will be maintained.\nUnique Pros For NIO And XPeng\nWhen looking at unique selling points for these two companies in the crowded EV market, both are trying to set themselves aside from competitors. One of NIO's best arguments for why consumers should buy a NIO-branded car is its battery-swapping technology and battery-as-a-service offering. This service allows consumers to swap their batteries in a couple of minutes, which negates one of the main arguments consumers may still hold against EVs - that it takes too long to recharge a vehicle while on a road trip or similar.\nWith NIO's technology, which has been used millions of times already, this isn't a concern, at least while consumers live and travel in a geographic area with a dense battery-swapping network. Such networks do not exist outside of China yet, but in its home market, NIO can clearly differentiate itself from competitors with BAAS.\nXPeng, on the other hand, is working hard on branding itself as the \"Smart EV\" company. It puts an above-average focus on R&D and is working hard on bringing smart technologies like advanced driver assistance systems to consumers. This strategy is primarily aimed at younger consumers. XPeng has managed to become one of the more popular EV players in China, but its offering is still not as unique as NIO's BAAS.\nChinese EV Market: Tailwinds For Domestic Producers\nTesla is still the largest EV player in the world, and it also sells a large amount of cars in China. Recent news, however, shows why domestic producers may ultimately be favored in China. Tesla is experiencing more scrutiny by the Chinese government and Chinese regulators, which has gotten so far that Tesla vehicles have been prevented from accessing some highways in the country due to safety concerns. Its vehicles have also reportedly been banned from military bases in the country, and the company has also experienced social media campaigns that are very unfavorable towards Tesla.\nIt looks like a theme that has been visible in other industries as well - Chinese regulators and governments favor domestic producers - could hold true in the high-growth EV industry as well. This positions NIO and XPeng well for success in their home countries.\nNIO And XPeng: Valuation\nSince both companies aren't profitable yet, we can't use earnings multiple to decide whether they are undervalued or not. We can, however, look at revenue multiples to deduce whether shares are favorably priced right now.\nData by YCharts\nNIO is trading at 5.6 times 2023's expected revenue, while XPeng is valued at roughly 3 times 2023's expected revenue (data not available on YCharts). This compares favorably versus the current EV king Tesla, which trades at 8 times 2023's expected revenue. On the other hand, however, both NIO and XPeng are of course way more expensive than legacy auto companies with a growing EV presence, including Volkswagen (OTCPK:VWAGY), which trades at less than 1 times its annual sales.\nIs NIO Or XPeng A Buy\nBoth companies enjoy high growth rates, have shown solid Q1 results, and both benefit from China's policy of favoring domestic companies in a range of ways. It can be expected that both NIO Inc and XPeng Inc will continue to do well operationally, and it is also worth mentioning that both companies are significantly less expensive than Tesla, the current leader in the EV space. It is noteworthy that NIO and XPeng are less expensive despite delivering stronger growth rates on a relative basis.\nAt the same time, however, one can't say that either of these companies is inexpensive - they both still trade at large premiums over legacy auto companies.\nDue to the fact that NIO has gotten farther in growing its business so far, combined with the very unique BAAS offering that clearly differentiates it from peers and provides a major reason to use its products, I see it as a more favorable choice than XPeng generally. I believe this warrants a premium versus XPeng, which isn't as uniquely positioned and could experience more growing pains in coming years due to its smaller size.\nNevertheless, due to valuation, I don't think NIO's shares are a great buy right here, even though I would prefer them over those of XPeng (and I would prefer both over those of Tesla). Investors may want to wait for more favorable prices before entering or expanding a position if the current valuation gives them a pause - both when it comes to these two companies, as well as when other EV companies are considered.","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187638665,"gmtCreate":1623751570857,"gmtModify":1704210476431,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Go go go&nbsp;","listText":"Go go go&nbsp;","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187638665","repostId":"1123375053","repostType":4,"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138936859,"gmtCreate":1621904335571,"gmtModify":1704364118869,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"About time","listText":"About time","text":"About time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138936859","repostId":"2137537153","repostType":4,"repost":{"id":"2137537153","pubTimestamp":1621864932,"share":"https://ttm.financial/m/news/2137537153?lang=&edition=fundamental","pubTime":"2021-05-24 22:02","market":"us","language":"en","title":"NIO shares starts rising as renewed its key joint manufacturing agreements","url":"https://stock-news.laohu8.com/highlight/detail?id=2137537153","media":"SmarterAnalyst","summary":"NIO Inc.  has renewed its manufacturing agreements with Jianghuai Automobile Group  and Jianglai Advanced Manufacturing Technology  for the joint manufacture of NIO vehicles and associated fee arrangements.JAC, a state-owned vehicle manufacturer, presently manufactures NIO vehicles at its Hefei JAC-NIO plant, which was specifically set up for NIO vehicles.Jianglai is a joint venture between NIO and JAC for operations management. NIO holds a 49% stake in this JV.Under the agreement, JAC will cont","content":"<p>Today&nbsp;NIO&nbsp;shares&nbsp;starts&nbsp;rising&nbsp;as&nbsp;renewed its&nbsp;key joint&nbsp;manufacturing agreements.</p><p><img src=\"https://static.tigerbbs.com/81342d8f5525b276e53965c25c315483\" tg-width=\"1291\" tg-height=\"623\" referrerpolicy=\"no-referrer\"></p><p>NIO Inc. (<b>NIO</b>) has renewed its manufacturing agreements with Jianghuai Automobile Group (JAC) and Jianglai Advanced Manufacturing Technology (Jianglai) for the joint manufacture of NIO vehicles and associated fee arrangements.</p><p>JAC, a state-owned vehicle manufacturer, presently manufactures NIO vehicles at its Hefei JAC-NIO plant, which was specifically set up for NIO vehicles.</p><p>Jianglai is a joint venture between NIO and JAC for operations management. NIO holds a 49% stake in this JV.</p><p>Under the agreement, JAC will continue manufacturing NIO’s ES8, ES6, EC6, and ET7 models, as well as other models in its pipeline, until May 2024.</p><p>Furthermore, JAC will increase its annual production capacity to 240,000 units to satisfy the rising demand for NIO vehicles. While NIO will take responsibility for vehicle development, engineering, supply chain, quality management, and manufacturing processes, Jianglai will be in charge of parts assembly and operations management.</p><p>Significantly, the new agreement will enable NIO to benefit from economies of scale and future improvements in manufacturing processes.</p><p>On May 13, Citigroup analyst&nbsp;Jeff Chung&nbsp;reiterated a Hold rating on the stock with a $57.60 price target (69.1% upside potential).</p><p>Commenting after interacting with NIO management, Chung noted that the shortage of chips was a key constraint for vehicle production in May but management sees the situation improving in June or July.</p><p>Consensus among analysts is that NIO is a Moderate Buy based on 7 Buys and 3 Holds. The average analyst&nbsp;price target of $60.04&nbsp;implies 76.3% upside potential.</p><p>Shares have dropped about 36.3% so far this year.</p><p><img src=\"https://static.tigerbbs.com/950bbbe2c5ec687c9da6552220a18689\" tg-width=\"807\" tg-height=\"450\" referrerpolicy=\"no-referrer\"></p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO shares starts rising as renewed its key joint manufacturing agreements</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\">\nNIO shares starts rising as renewed its key joint manufacturing agreements\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-24 22:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/nio-renews-key-joint-manufacturing-134312432.html><strong>SmarterAnalyst</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Today NIO shares starts rising as renewed its key joint manufacturing agreements.NIO Inc. (NIO) has renewed its manufacturing agreements with Jianghuai Automobile Group (JAC) and Jianglai Advanced ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nio-renews-key-joint-manufacturing-134312432.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://finance.yahoo.com/news/nio-renews-key-joint-manufacturing-134312432.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2137537153","content_text":"Today NIO shares starts rising as renewed its key joint manufacturing agreements.NIO Inc. (NIO) has renewed its manufacturing agreements with Jianghuai Automobile Group (JAC) and Jianglai Advanced Manufacturing Technology (Jianglai) for the joint manufacture of NIO vehicles and associated fee arrangements.JAC, a state-owned vehicle manufacturer, presently manufactures NIO vehicles at its Hefei JAC-NIO plant, which was specifically set up for NIO vehicles.Jianglai is a joint venture between NIO and JAC for operations management. NIO holds a 49% stake in this JV.Under the agreement, JAC will continue manufacturing NIO’s ES8, ES6, EC6, and ET7 models, as well as other models in its pipeline, until May 2024.Furthermore, JAC will increase its annual production capacity to 240,000 units to satisfy the rising demand for NIO vehicles. While NIO will take responsibility for vehicle development, engineering, supply chain, quality management, and manufacturing processes, Jianglai will be in charge of parts assembly and operations management.Significantly, the new agreement will enable NIO to benefit from economies of scale and future improvements in manufacturing processes.On May 13, Citigroup analyst Jeff Chung reiterated a Hold rating on the stock with a $57.60 price target (69.1% upside potential).Commenting after interacting with NIO management, Chung noted that the shortage of chips was a key constraint for vehicle production in May but management sees the situation improving in June or July.Consensus among analysts is that NIO is a Moderate Buy based on 7 Buys and 3 Holds. The average analyst price target of $60.04 implies 76.3% upside potential.Shares have dropped about 36.3% so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106228402,"gmtCreate":1620126265206,"gmtModify":1704338983844,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106228402","repostId":"1119027537","repostType":4,"repost":{"id":"1119027537","pubTimestamp":1620113950,"share":"https://ttm.financial/m/news/1119027537?lang=&edition=fundamental","pubTime":"2021-05-04 15:39","market":"us","language":"en","title":"Where Will Alibaba Stock Be In 5 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1119027537","media":"seekingalpha","summary":"Alibaba Group's financial statements are beautiful to look at.The market doesn't give Alibaba credit for its growth and earning power due to fears over corporate governance and politics. These fears are reasonable but likely overblown.If you take its growth at face value, Alibaba stock should more than double in the next 5 years.I generally trust Alibaba's accounting, but the corporate governance issue is thorny. The research I've done over the years has indicated to me that GDP growth has littl","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba Group's financial statements are beautiful to look at.</li>\n <li>The market doesn't give Alibaba credit for its growth and earning power due to fears over corporate governance and politics. These fears are reasonable but likely overblown.</li>\n <li>If you take its growth at face value, Alibaba stock should more than double in the next 5 years.</li>\n <li>An ETF option for investors looking to play Chinese internet stocks.</li>\n</ul>\n<p><b>Is Alibaba Stock A Buy Or Sell?</b></p>\n<p><img src=\"https://static.tigerbbs.com/f077216824ec4b1eb4a4dfcb3a1b5a42\" tg-width=\"768\" tg-height=\"512\">Alibaba Group(NYSE:BABA)has all the makings of a great story stock. The company has a charismatic billionaire founder, business operations focused on China's rapidly growing internet economy, and strong and growing cash flow. Yet amidst this, Alibaba has fallen from its peak of over $300 per share to under $240 per share as of my writing this. When you look at Alibaba's financial statements, the valuation immediately seems low compared to its explosive growth of revenue, earnings, and cash flow. Something has to give with the valuation, which in my mind offers up a couple of hypotheses regarding Alibaba.</p>\n<p><b>Hypothesis 1:Alibaba stock is extremely undervalued.</b>If you take Alibaba'sincome statementat face value, the growth in earnings is simply incredible. Then if you look at Alibaba'searnings estimatesfor the next couple of years, you see a stock that trades for around 21x current fiscal years' earnings and has earnings growth estimates of close to 20 percent annually. All else being equal, this implies a total return of nearly 25 percent annually for BABA shareholders. The market typically doesn't offer up softball pitches like this, especially in the current bull market, which forces us to consider hypothesis 2.</p>\n<p><b>Hypothesis 2: Alibaba's accounting and/or corporate governance cannot be trusted and the stock is not undervalued.</b>Chinese stocks in general have a poor reputation for accounting quality. A simple look at CCP statistics like GDP numbers or coronavirus case statistics tells you that their numbers are often implausible. This doesn't necessarily mean that Alibaba's books are problematic per se, but it does help explain the discount to Alibaba's apparent fair value. A two-sided discussion on Alibaba's accounting can be found inJulian Lin's recent Alibaba articleand in the comment section for said article.</p>\n<p>I generally trust Alibaba's accounting, but the corporate governance issue is thorny. The research I've done over the years has indicated to me that GDP growth has little to no correlation with stock market returns for any given country. Thestrongest correlation I could findwas the correlation between rule of law, property rights, and corporate governance on one hand and stock market returns on the other. For this reason, I do not recommend any investors to put money in emerging market ETFs as they consistently fail to hold up to my qualitative and quantitative tests. There are often great value plays to be found abroad, but buying indices tend to offer poor risk/reward. International high dividend yield funds like Vanguard's (VYMI) are another nice shortcut to find companies with good corporate governance. Cash payments are hard to fake, after all!</p>\n<p>This is historically an issue when investing in Asian markets, as stock market returns have badly lagged GDP growth. Japanese companies are a good example of this issue, historically they paid little to no dividends and hoarded cash on their balance sheet. The companies often were run to benefit their employees and management rather than to benefit shareholders. This, combined with a very high starting valuation explained 30 years of sideways returns for the Nikkei. Things are changing in Japan, however, and Warren Buffett has made several large investments there. China has had similar growing pains with corporate governance but is getting better over time. Chinese companies arepaying out more of their earnings in dividends, which is an encouraging sign. I still wouldn't broadly invest in Chinese stocks, but there is value to be had if you're willing to dig. Chinese internet stocks are seeing rapid growth and strong profitability, which is a different tune than many commodity-driven emerging markets.</p>\n<p>If Alibaba traded for 40x earnings I could easily point to the risks and say to toss the stock. What makes Alibaba so interesting is that it trades for a lower valuation than the average S&amp;P 500 stock, but has Amazon-like revenue and earnings upside. BABA stock has thus been successful since being listed on US exchanges.</p>\n<p><img src=\"https://static.tigerbbs.com/760b578df32c2882c749f17696fa561d\" tg-width=\"635\" tg-height=\"435\">Data byYCharts</p>\n<p>With this in mind, let's look at Alibaba's fundamentals and put a forecast on the stock.</p>\n<p><b>Alibaba Stock Forecast</b></p>\n<p>Alibaba is a very complex business. Unlike Amazon, which is basically one brand, Alibaba has a spiderweb of subsidiaries (a good starting point to get a handle on their subsidiaries is theirlatest earnings presentation). Having this level of complexity in a business makes it hard to analyze, but there is some good stuff in there. Cloud computing with 50 percent year over year revenue growth immediately stands out to me as something that could move the needle on Alibaba's overall results. I'll be completely honest, Alibaba's business is more complex than I have the ability to fully analyze. The issues with the Ant Group IPO and various antitrust issues with the CCP are also out of my core area of expertise.</p>\n<p>What I can do in the absence of any special expertise is to build a simple model using analyst consensus earnings estimates to put a price target on the stock. This gives us a yardstick that we can use. I can't necessarily quantify the political risk to Alibaba, but what I can quantify is the compensation that the share price is giving you for all known and unknown risks to the business. This, for Alibaba and any stock, is the earnings yield. If I have a stock I own like Altria (MO) that trades for about 10x earnings, then I know if I hold the stock for a year, the business is going to earn me 1/10th of my investment back. In Altria's case, most of this will be paid as a dividend, which is great. This earnings yield is the engine that drives successful investing in value stocks, which over the long run tend to outperform the market. In the case of a company like Tesla, you're paying over 150x earnings for the business, so you will need everything to go right at the business over the next 10 years to see a good return. Over the next year, anything can happen to the share price, but over a 5-10 year period, business fundamentals drive a greater and greater percentage of stock returns. This gets us to Alibaba.</p>\n<p>Alibaba trades for a little less than 21x earnings. This means if you hold Alibaba for 1 year you earn about 4.8 percent of your investment in earnings. If Alibaba paid a dividend, they could write you a check for this. Alibaba does not pay a dividend however but reinvests the money for more growth. This leads us to the second part of the model, which adjusts for earnings growth. One way to put a price target on the stock is to take the earnings estimates for 5 years out (if they exist), and then use the current price to earnings multiple on the stock. Only a few analysts have earnings estimates for Alibaba for 5 years out, but the average earnings estimate for the fiscal year ending in March 2026 is $24.48 per share. Put a 21x multiple on this and you get a price target of $514 per share. In this case, you'd make 2.2x your money in Alibaba stock. Alibaba has a history of beating analyst estimates quite handily as well, so it's possible that these estimates are too low and you'd see Alibaba earning $30+ per share, which could triple your money.</p>\n<p>The question that you need to ask yourself is whether Alibaba's valuation is low enough to compensate for the main risks we see in the stock, which are antitrust issues, corporate governance, accounting, etc. At first glance, I think that there is enough compensation here for Alibaba shareholders. Since I personally lack expertise in China though, I bought the dip in the KraneShares CSI China Internet ETF (KWEB). The standard deviation on KWEB is about a third lower than it is on BABA stock, and I think the upside is similar. It's not a big holding for me, but the dip in Chinese internet stocks intrigues me, so I bought in. If you recall, I'm not a fan of emerging market stocks as part of an asset allocation plan, instead, this trade comes from my opinion on Chinese internet stocks being undervalued compared to the analyst consensus of what their earnings can be over the next 3-5 years.</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>Where Will Alibaba Stock Be In 5 Years?</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\">\nWhere Will Alibaba Stock Be In 5 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 15:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4423834-alibaba-stock-in-5-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba Group's financial statements are beautiful to look at.\nThe market doesn't give Alibaba credit for its growth and earning power due to fears over corporate governance and politics. ...</p>\n\n<a href=\"https://seekingalpha.com/article/4423834-alibaba-stock-in-5-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4423834-alibaba-stock-in-5-years","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1119027537","content_text":"Summary\n\nAlibaba Group's financial statements are beautiful to look at.\nThe market doesn't give Alibaba credit for its growth and earning power due to fears over corporate governance and politics. These fears are reasonable but likely overblown.\nIf you take its growth at face value, Alibaba stock should more than double in the next 5 years.\nAn ETF option for investors looking to play Chinese internet stocks.\n\nIs Alibaba Stock A Buy Or Sell?\nAlibaba Group(NYSE:BABA)has all the makings of a great story stock. The company has a charismatic billionaire founder, business operations focused on China's rapidly growing internet economy, and strong and growing cash flow. Yet amidst this, Alibaba has fallen from its peak of over $300 per share to under $240 per share as of my writing this. When you look at Alibaba's financial statements, the valuation immediately seems low compared to its explosive growth of revenue, earnings, and cash flow. Something has to give with the valuation, which in my mind offers up a couple of hypotheses regarding Alibaba.\nHypothesis 1:Alibaba stock is extremely undervalued.If you take Alibaba'sincome statementat face value, the growth in earnings is simply incredible. Then if you look at Alibaba'searnings estimatesfor the next couple of years, you see a stock that trades for around 21x current fiscal years' earnings and has earnings growth estimates of close to 20 percent annually. All else being equal, this implies a total return of nearly 25 percent annually for BABA shareholders. The market typically doesn't offer up softball pitches like this, especially in the current bull market, which forces us to consider hypothesis 2.\nHypothesis 2: Alibaba's accounting and/or corporate governance cannot be trusted and the stock is not undervalued.Chinese stocks in general have a poor reputation for accounting quality. A simple look at CCP statistics like GDP numbers or coronavirus case statistics tells you that their numbers are often implausible. This doesn't necessarily mean that Alibaba's books are problematic per se, but it does help explain the discount to Alibaba's apparent fair value. A two-sided discussion on Alibaba's accounting can be found inJulian Lin's recent Alibaba articleand in the comment section for said article.\nI generally trust Alibaba's accounting, but the corporate governance issue is thorny. The research I've done over the years has indicated to me that GDP growth has little to no correlation with stock market returns for any given country. Thestrongest correlation I could findwas the correlation between rule of law, property rights, and corporate governance on one hand and stock market returns on the other. For this reason, I do not recommend any investors to put money in emerging market ETFs as they consistently fail to hold up to my qualitative and quantitative tests. There are often great value plays to be found abroad, but buying indices tend to offer poor risk/reward. International high dividend yield funds like Vanguard's (VYMI) are another nice shortcut to find companies with good corporate governance. Cash payments are hard to fake, after all!\nThis is historically an issue when investing in Asian markets, as stock market returns have badly lagged GDP growth. Japanese companies are a good example of this issue, historically they paid little to no dividends and hoarded cash on their balance sheet. The companies often were run to benefit their employees and management rather than to benefit shareholders. This, combined with a very high starting valuation explained 30 years of sideways returns for the Nikkei. Things are changing in Japan, however, and Warren Buffett has made several large investments there. China has had similar growing pains with corporate governance but is getting better over time. Chinese companies arepaying out more of their earnings in dividends, which is an encouraging sign. I still wouldn't broadly invest in Chinese stocks, but there is value to be had if you're willing to dig. Chinese internet stocks are seeing rapid growth and strong profitability, which is a different tune than many commodity-driven emerging markets.\nIf Alibaba traded for 40x earnings I could easily point to the risks and say to toss the stock. What makes Alibaba so interesting is that it trades for a lower valuation than the average S&P 500 stock, but has Amazon-like revenue and earnings upside. BABA stock has thus been successful since being listed on US exchanges.\nData byYCharts\nWith this in mind, let's look at Alibaba's fundamentals and put a forecast on the stock.\nAlibaba Stock Forecast\nAlibaba is a very complex business. Unlike Amazon, which is basically one brand, Alibaba has a spiderweb of subsidiaries (a good starting point to get a handle on their subsidiaries is theirlatest earnings presentation). Having this level of complexity in a business makes it hard to analyze, but there is some good stuff in there. Cloud computing with 50 percent year over year revenue growth immediately stands out to me as something that could move the needle on Alibaba's overall results. I'll be completely honest, Alibaba's business is more complex than I have the ability to fully analyze. The issues with the Ant Group IPO and various antitrust issues with the CCP are also out of my core area of expertise.\nWhat I can do in the absence of any special expertise is to build a simple model using analyst consensus earnings estimates to put a price target on the stock. This gives us a yardstick that we can use. I can't necessarily quantify the political risk to Alibaba, but what I can quantify is the compensation that the share price is giving you for all known and unknown risks to the business. This, for Alibaba and any stock, is the earnings yield. If I have a stock I own like Altria (MO) that trades for about 10x earnings, then I know if I hold the stock for a year, the business is going to earn me 1/10th of my investment back. In Altria's case, most of this will be paid as a dividend, which is great. This earnings yield is the engine that drives successful investing in value stocks, which over the long run tend to outperform the market. In the case of a company like Tesla, you're paying over 150x earnings for the business, so you will need everything to go right at the business over the next 10 years to see a good return. Over the next year, anything can happen to the share price, but over a 5-10 year period, business fundamentals drive a greater and greater percentage of stock returns. This gets us to Alibaba.\nAlibaba trades for a little less than 21x earnings. This means if you hold Alibaba for 1 year you earn about 4.8 percent of your investment in earnings. If Alibaba paid a dividend, they could write you a check for this. Alibaba does not pay a dividend however but reinvests the money for more growth. This leads us to the second part of the model, which adjusts for earnings growth. One way to put a price target on the stock is to take the earnings estimates for 5 years out (if they exist), and then use the current price to earnings multiple on the stock. Only a few analysts have earnings estimates for Alibaba for 5 years out, but the average earnings estimate for the fiscal year ending in March 2026 is $24.48 per share. Put a 21x multiple on this and you get a price target of $514 per share. In this case, you'd make 2.2x your money in Alibaba stock. Alibaba has a history of beating analyst estimates quite handily as well, so it's possible that these estimates are too low and you'd see Alibaba earning $30+ per share, which could triple your money.\nThe question that you need to ask yourself is whether Alibaba's valuation is low enough to compensate for the main risks we see in the stock, which are antitrust issues, corporate governance, accounting, etc. At first glance, I think that there is enough compensation here for Alibaba shareholders. Since I personally lack expertise in China though, I bought the dip in the KraneShares CSI China Internet ETF (KWEB). The standard deviation on KWEB is about a third lower than it is on BABA stock, and I think the upside is similar. It's not a big holding for me, but the dip in Chinese internet stocks intrigues me, so I bought in. If you recall, I'm not a fan of emerging market stocks as part of an asset allocation plan, instead, this trade comes from my opinion on Chinese internet stocks being undervalued compared to the analyst consensus of what their earnings can be over the next 3-5 years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311241762,"gmtCreate":1611804666156,"gmtModify":1704863720551,"author":{"id":"3567405836379857","authorId":"3567405836379857","name":"CT张","avatar":"https://static.tigerbbs.com/47de45e161c6026da4271fca7c52bb89","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567405836379857","authorIdStr":"3567405836379857"},"themes":[],"htmlText":"Good or bad","listText":"Good or bad","text":"Good or bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311241762","repostId":"1144254228","repostType":4,"repost":{"id":"1144254228","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1611793637,"share":"https://ttm.financial/m/news/1144254228?lang=&edition=fundamental","pubTime":"2021-01-28 08:27","market":"us","language":"zh","title":"\"美国散户聚集地\"Wallstreetbets被封，WSB概念股盘后大跌","url":"https://stock-news.laohu8.com/highlight/detail?id=1144254228","media":"老虎资讯综合","summary":"1月27日讯，美国散户聚集的论坛WallStreetBets的服务器被Discord平台封杀，被迫转为私人服务。Discord称，封禁Wallstreetbets服务器的理由是“仇视性内容”，不是因为金融诈骗。Reddit的Wallstreetbets页面显示称，论坛“将会回来”。在\"美国散户聚集地\"Wallstreetbets网页转为私人后，新页面Wallstreetbetsnew访问量短时暴增，群组成员数已超10万。wallstreetbets是国外reddit论坛上的一个分版块，用国内互联网生态做比喻的话，那就是戒赌吧。混戒赌吧的是沉迷于赌博的赌徒，而wallstreetbets里是一群痴迷于交易股票期权的赌棍。","content":"<p>1月27日讯，美国散户聚集的论坛WallStreetBets的服务器被Discord平台封杀，被迫转为私人服务。Discord称，封禁Wallstreetbets服务器的理由是“仇视性内容”，不是因为金融诈骗。Reddit的Wallstreetbets页面显示称，论坛“将会回来”。</p><p>在\"美国散户聚集地\"Wallstreetbets网页转为私人后，新页面Wallstreetbetsnew访问量短时暴增，群组成员数已超10万。此前Reddit上Wallstreetbets的页面已变为私人页面。WSB概念股盘后大跌，<a href=\"https://laohu8.com/S/AMC\">AMC院线</a>跌超40%，<a href=\"https://laohu8.com/S/EXPR\">Express</a>跌超37%，<a href=\"https://laohu8.com/S/BB\">黑莓</a>跌近27%，<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>跌超26%，<a href=\"https://laohu8.com/S/BBBY\">3B家居</a>跌近266%，<a href=\"https://laohu8.com/S/0HAF.UK\">诺基亚</a>跌超12%。</p><p><img src=\"https://static.tigerbbs.com/a4035508b8f89648818b9f5044cf067a\" tg-width=\"1080\" tg-height=\"2242\" referrerpolicy=\"no-referrer\"></p><p>wallstreetbets是国外reddit论坛上的一个分版块，用国内互联网生态做比喻的话，那就是戒赌吧。混戒赌吧的是沉迷于赌博的赌徒，而wallstreetbets里是一群痴迷于交易股票期权的赌棍。</p><p>值得关注的是，美国白宫新闻发言人Psaki称，美国财长耶伦和拜登的经济团队正在密切关注GameStop和其他股票遭大量做空公司的活动。Psaki称，GME不寻常交易“很好地提醒了我们，股市并不是衡量我们经济健康状况的唯一标准。”</p><p>散户行为也引发监管关注，纳斯达克交易所公司CEO Adena Friedman称：“我们会监控社交媒体上的言论，如果我们发现言论与股票的异常表现相关，就会暂停股票交易。如果我们确实认为存在股票操纵行为，我们将与美国金融业监管局（FINRA）和美国证交会展开调查。”</p><p><b>相关阅读：</b></p><p><b>“要么发财！要么穷死！”美国散户敢死队“热血式炒股”威震华尔街</b></p><p>投资老鸟都知道，在股市里，散户们势单力薄，信息滞后，就是机构嗷嗷待割的韭菜。</p><p>但美国的新一代年轻散户们，却通过抱团作战，将一众华尔街机构割得闻风丧胆，丢盔弃甲。</p><p><b>他们是一帮赌徒，信奉YOLO主义——You only live once，你只活一次。所以干票大的。</b></p><p><b>成了，就坐上游艇自此退休，不成，大不了变成穷光蛋</b>。</p><p>他们的秘诀就在，要和华尔街对着干。</p><p>他们发现，那些普遍不被机构看好的股票，反而有机会利用衍生品、杠杆等交易机制掀起巨大的波动。只要散户足够团结，就能有足够的力量，可以战胜机构，主宰市场。</p><p>他们将一只行将退市的垃圾股GME（游戏驿站）从3美元一路拉到300美元，一年100倍。一路暴打资本主义空头，将他们按在地上摩擦。看的中国吃瓜群众目瞪口呆，直呼高级。</p><p><b>大名鼎鼎的空头香橼，规模超百亿的对冲基金梅尔文，都是他们的刀下亡魂。</b></p><p><b>他们是如何做到这一点的呢？这一切要从他们的根据地，WSB论坛说起。</b></p><p><b>01、“离谱又热血”的逼空故事</b></p><p>WallStreetBets，这是一个美国虎扑reddit的分区，大意为“华尔街赌场”， 坊间简称WSB。这个论坛的各位网友都不是信奉理性和价值投资的角色。而是把股市当赌场，幻想着通过梭哈，单车变摩托的赌徒。WSB的众网友们梦想是过上华尔街之狼中小李子那样的生活。</p><p>大家都觉得自己不是韭菜而是马上飞上月球的宇航员。( WSB里有个单词叫mooning,指的是价格飙升上月球。)</p><p>论坛里日常就是晒仓位图。大家不是赚飞就是亏到裤衩都没有。</p><p><img src=\"https://static.tigerbbs.com/0c73427e424cf2c11a341551b6b72153\" tg-width=\"554\" tg-height=\"1169\" referrerpolicy=\"no-referrer\"></p><p><b>WSB的众网友一致认为买看涨期权是唯一发家致富的道路。</b></p><p>时不时有人会发贴晒出自己做的调查(DD贴）长篇大论讨论哪只股票是值得下注的目标，帖子里一定少不了一大堆的火箭。</p><p>回帖的风格基本是这样的：你写了这么多我一个字也没看进去。篇幅这么长，又打了这么多火箭，这股票一定不错，我all in了。</p><p><b>02、风暴眼：一飞冲天的GME</b></p><p><b>然而，就是就是这样一个严重缺乏理性、幻想依靠赌运大发横财的论坛，却在华尔街掀起血雨腥风，把一众成名已久的大佬打翻在地。看的我们吃瓜群众是目瞪口呆。</b></p><p><b>这一切要从游戏零售商Gamestop说起。Gamestop（游戏驿站），简称GME。</b></p><p>美国很多人都是从小去GME买游戏盘长大的。圣诞节前父母排队，拎着游戏回家，很有回忆和气氛。但在现在科技发达人人通网的情况下，越来越少的人会去实体店里买实体游戏，过去几年以来大多人对GME都不看好。股价从2016年的28一路跌到19年底的3块多。去年，GME成了美股做空股最多的股票。FactSet的数据显示，GME的空头净额是股票流通量的138%。</p><p>而就在GME被逼的快要破产，面临退市的情况下，reddit网友们看到了这些大力持仓的空投机构，一些人开始鼓励大家买入GME的股票和期权。</p><p><b>其中最著名的就是这位“带头大哥”DFV（DeepFxxingValue）</b>，他在股价最低点买入了五万美金的看涨期权，并在reddit上发表自己的看法和预测。未来GME的价格会逐步上涨，并且空头们最终会迫于压力回购股票，形成short squeeze (逼空、轧空)，到时候股价会一飞冲天。</p><p><img src=\"https://static.tigerbbs.com/2668fe98f0f6c5a0cf659cd36cae5786\" tg-width=\"634\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p>这是DFV第一次发帖，当时股价已经慢慢开始回涨，他的五万三千美元已经变成了11万，网页纷纷劝他快跑。而这位DFV却不以为然，认为股价还有升值的空间，空头们还没有看到压力。</p><p>后来一年里，他陆续把自己的期权转换成半期权半股权的投资组合。并且GME股票在WSB里成为了一个常常出现的名字。Gamestop换了CEO，新来的是原来的宠物用品网站chewy的大佬，公司的财报也暂时确保了不会倒闭<b>。然而在这种微弱的利好消息下，reddit网友们还是纷纷跟上步伐，一起下注。</b></p><p>21年1月12号，GME股价来到接近20美元，这时DFV的GME 单股投资组合在一年里已经涨到了300万美元，并且还有价值100多万的1月15日20美元的看涨期权。</p><p><img src=\"https://static.tigerbbs.com/b775c69d39cfe92c4c29fa5590cbd8dc\" tg-width=\"590\" tg-height=\"138\" referrerpolicy=\"no-referrer\"></p><p>这时空头们终于坐不住了，开始大力买入GME止损。GME股价两天内从20美元涨到14日的40美元。</p><p><img src=\"https://static.tigerbbs.com/a50114e8debe3d8e0b44828e3d62c8f0\" tg-width=\"490\" tg-height=\"312\" referrerpolicy=\"no-referrer\"></p><p>这时DFV更新了，<b>他在一年多的时间里把五万三千美元变成了七百三十万。</b></p><p><img src=\"https://static.tigerbbs.com/b632556937dd3fbba88114e79b80616e\" tg-width=\"800\" tg-height=\"157\" referrerpolicy=\"no-referrer\"></p><p><b>然而这不是疯狂的结束，只是疯狂的开始</b>。经历了几天的抛售和止盈后，GME股价一直浮动在40左右。美国时间22日，又是一个周五，又是一个期权截止日，各空投机构们又没等来股票的回落，只好忍痛继续买入。今早股价一路飙升70%，被熔断叫停。股价最高时交易价为73美元一股。</p><p><img src=\"https://static.tigerbbs.com/41c673734c9d97dbd3cd3c4f2e2a986a\" tg-width=\"501\" tg-height=\"340\" referrerpolicy=\"no-referrer\"></p><p>WSB的各位都按捺不住了，论坛里开了专门的讨论贴：</p><p><img src=\"https://static.tigerbbs.com/a02b380897906a64d0b129ef9db097dd\" tg-width=\"612\" tg-height=\"108\" referrerpolicy=\"no-referrer\"></p><p>买了GME的都在欢呼雀跃，没买的吃瓜群众后悔自己为何不早上车，还有没拿稳40块抛了，只赚了区区几十倍的后悔为何跑得那么早。</p><p>这时候，永远的神，带头大哥DFV又来发帖了，他的账户已经暴增到7200万人民币。</p><p><img src=\"https://static.tigerbbs.com/dcebfd424943694e9f5bf7834a5e667d\" tg-width=\"593\" tg-height=\"116\" referrerpolicy=\"no-referrer\"></p><p><b>03、香橼“缴械投降”</b></p><p><b>散户们辉煌的胜利下，是空头们的累累尸骨，第一个倒下的是大名鼎鼎的空头香橼。</b></p><p>很多中国投资者可能对这个机构都很熟悉，香橼成立至今发布150多份沽空报告，先后狙击20多家中概股公司，其中10家以上不是惨淡退市，就是股价从此一蹶不振。</p><p>1月19日周二，香橼在社交账号上表示，GameStop股票的买家是“这场扑克游戏中的输家”，这只股票的股价很快将回到20美元的水平。</p><p><img src=\"https://static.tigerbbs.com/a2d6f5f1a82350978e742c6c862244d9\" tg-width=\"554\" tg-height=\"136\" referrerpolicy=\"no-referrer\"></p><p>不过这一表态“捅了马蜂窝”，Reddit用户们对香橼的评论群起而攻，甚至有针对Andrew Left家人的攻击。与此同时，这些散户集体推高GameStop的股价，目的就是打爆香橼等机构的空头头寸。</p><p><b>面对散户的攻击，香橼愈战愈勇</b>，创始人Andrew Left在1月21日发布了一则视频，阐述了自己的五个理由，并称“从未见过人们如此愤怒地交换意见”。</p><p><img src=\"https://static.tigerbbs.com/48b0889e51c82785117535d3d01f9f56\" tg-width=\"487\" tg-height=\"231\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3d914b2b9f89d71e0074f9f27bab3d1e\" tg-width=\"500\" tg-height=\"723\" referrerpolicy=\"no-referrer\"></p><p><b>然而大空头还是低估了散户们的“雷霆之怒”。</b></p><p>周五当天稍晚，由于账号受到太多人攻击，香橼最终不堪其扰，认怂出局。香橼新开了一个社交媒体账号，在唯一一则推文中，香橼挂出了“免战牌”，表示将不再就GameStop发表意见，因为“家庭第一”。</p><p>Andrew Left也在声明中称，不发表意见不是因为不相信自己的投资理论，而是因为“一群拥有这只股票的愤怒暴徒在过去48小时内犯下了多项罪行“，他将把这些罪行移交给FBI、SEC和其他政府机构。</p><p><img src=\"https://static.tigerbbs.com/7a0f52e3e99a5cbc284bcae592446c61\" tg-width=\"591\" tg-height=\"416\" referrerpolicy=\"no-referrer\"></p><p><b>04、打爆对冲基金</b></p><p><b>干翻小小的香橼只是开胃菜，很快，散户们的又一个刀下亡魂浮出水面了。</b></p><p>1月25日周一，对冲基金梅尔文资本（Melvin）惨遭散户逼空而损失惨重，传闻巨亏30%，不得不向外求援。另外两家对冲基金Citadel和Point72联手向其提供合计27.5亿美元的资金。</p><p><b>Citadel和Point72都是华尔街顶级对冲基金，分别由传奇对冲基金经理金肯·格里芬和史蒂文·科恩掌管。</b></p><p><b>这一消息再次激发起散户们的斗志，这下可逮到大鱼了！论坛中的散户曾多次发布“动员书”，动员论坛内用户打爆空头。</b></p><p><img src=\"https://static.tigerbbs.com/a00c9e6c854688f0d4798f1be0a4c66f\" tg-width=\"554\" tg-height=\"599\" referrerpolicy=\"no-referrer\"></p><p><b>周一开盘，GME股价开盘后就如脱缰的野马</b>，从65美元一路飙到159美元，随后又高台跳水，一泻千里，最终收在76美元。</p><p><b>周二更是恐怖，直接暴涨至147美元，一天翻倍！</b>梅尔文资本等空头们都也吓尿了，这么个涨法，有多少个27亿美元都不够用啊。</p><p>一个推测开始在市场上发酵，GME股价如果在这么疯涨下去，梅尔文资本最后可能面临爆仓的风险。而其管理资产的规模超过100亿美元，<b>一旦爆仓将可能引发整个美股崩盘。</b></p><p>坊间开始传闻称梅尔文资本将正式于下周提出破产申请，几小时后将被迫清算其持有的阿里巴巴股票。</p><p>WSB的散户公开叫嚣，如果今日GME开盘价超过175美元，Melvin Capital将会被迫清仓所有多头仓位，这将导致该机构直接破产。</p><p>一边是200万抱团在一起的美国散户，一边是梅尔文资本、Citadel和Point72等顶级金融大鳄，美国股市的巅峰之战，似乎将把整个美股都带入万劫不复的深渊。</p><p><b>所有目光都聚焦在风暴眼GME身上。</b></p><p><b>周三盘前，GME股价再度失控，狂飙至300美元，涨幅120%</b>。</p><p><b>就在所有人在为梅尔文资本和美国股市捏了一把汗的时候，消息传来，梅尔文资本投降了！</b></p><p>Melvin Capital基金经理加布·普洛特金宣布，在经历巨额亏损后，公司已于本周二下午清掉了对GME的空头头寸。但他做空行为具体亏了金额，目前尚不得而知。</p><p><b>05、不死不休的战斗</b></p><p>又一个机构倒下了，已经杀红了眼的散户们踩着他们的残骸继续前进。</p><p>如今GME的股价10天翻了15倍，已经涨到匪夷所思的高度。</p><p>这场游戏已经没有任何理性可言，散户们目前唯一的念想就是把这只股票里的空头全部拉爆。</p><p>只要空头不死，这场游戏就不算完。</p><p>但如此疯狂的散户们是有限的，散户们的钱包是有限的。我们似乎看到，华尔街机构的大佬们，正潜伏在暗处，等待着，给与散户致命一击。</p>","collect":0,"html":"<!DOCTYPE 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{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\">\n\"美国散户聚集地\"Wallstreetbets被封，WSB概念股盘后大跌\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-01-28 08:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>1月27日讯，美国散户聚集的论坛WallStreetBets的服务器被Discord平台封杀，被迫转为私人服务。Discord称，封禁Wallstreetbets服务器的理由是“仇视性内容”，不是因为金融诈骗。Reddit的Wallstreetbets页面显示称，论坛“将会回来”。</p><p>在\"美国散户聚集地\"Wallstreetbets网页转为私人后，新页面Wallstreetbetsnew访问量短时暴增，群组成员数已超10万。此前Reddit上Wallstreetbets的页面已变为私人页面。WSB概念股盘后大跌，<a href=\"https://laohu8.com/S/AMC\">AMC院线</a>跌超40%，<a href=\"https://laohu8.com/S/EXPR\">Express</a>跌超37%，<a href=\"https://laohu8.com/S/BB\">黑莓</a>跌近27%，<a href=\"https://laohu8.com/S/GME\">游戏驿站</a>跌超26%，<a href=\"https://laohu8.com/S/BBBY\">3B家居</a>跌近266%，<a href=\"https://laohu8.com/S/0HAF.UK\">诺基亚</a>跌超12%。</p><p><img src=\"https://static.tigerbbs.com/a4035508b8f89648818b9f5044cf067a\" tg-width=\"1080\" tg-height=\"2242\" referrerpolicy=\"no-referrer\"></p><p>wallstreetbets是国外reddit论坛上的一个分版块，用国内互联网生态做比喻的话，那就是戒赌吧。混戒赌吧的是沉迷于赌博的赌徒，而wallstreetbets里是一群痴迷于交易股票期权的赌棍。</p><p>值得关注的是，美国白宫新闻发言人Psaki称，美国财长耶伦和拜登的经济团队正在密切关注GameStop和其他股票遭大量做空公司的活动。Psaki称，GME不寻常交易“很好地提醒了我们，股市并不是衡量我们经济健康状况的唯一标准。”</p><p>散户行为也引发监管关注，纳斯达克交易所公司CEO Adena Friedman称：“我们会监控社交媒体上的言论，如果我们发现言论与股票的异常表现相关，就会暂停股票交易。如果我们确实认为存在股票操纵行为，我们将与美国金融业监管局（FINRA）和美国证交会展开调查。”</p><p><b>相关阅读：</b></p><p><b>“要么发财！要么穷死！”美国散户敢死队“热血式炒股”威震华尔街</b></p><p>投资老鸟都知道，在股市里，散户们势单力薄，信息滞后，就是机构嗷嗷待割的韭菜。</p><p>但美国的新一代年轻散户们，却通过抱团作战，将一众华尔街机构割得闻风丧胆，丢盔弃甲。</p><p><b>他们是一帮赌徒，信奉YOLO主义——You only live once，你只活一次。所以干票大的。</b></p><p><b>成了，就坐上游艇自此退休，不成，大不了变成穷光蛋</b>。</p><p>他们的秘诀就在，要和华尔街对着干。</p><p>他们发现，那些普遍不被机构看好的股票，反而有机会利用衍生品、杠杆等交易机制掀起巨大的波动。只要散户足够团结，就能有足够的力量，可以战胜机构，主宰市场。</p><p>他们将一只行将退市的垃圾股GME（游戏驿站）从3美元一路拉到300美元，一年100倍。一路暴打资本主义空头，将他们按在地上摩擦。看的中国吃瓜群众目瞪口呆，直呼高级。</p><p><b>大名鼎鼎的空头香橼，规模超百亿的对冲基金梅尔文，都是他们的刀下亡魂。</b></p><p><b>他们是如何做到这一点的呢？这一切要从他们的根据地，WSB论坛说起。</b></p><p><b>01、“离谱又热血”的逼空故事</b></p><p>WallStreetBets，这是一个美国虎扑reddit的分区，大意为“华尔街赌场”， 坊间简称WSB。这个论坛的各位网友都不是信奉理性和价值投资的角色。而是把股市当赌场，幻想着通过梭哈，单车变摩托的赌徒。WSB的众网友们梦想是过上华尔街之狼中小李子那样的生活。</p><p>大家都觉得自己不是韭菜而是马上飞上月球的宇航员。( WSB里有个单词叫mooning,指的是价格飙升上月球。)</p><p>论坛里日常就是晒仓位图。大家不是赚飞就是亏到裤衩都没有。</p><p><img src=\"https://static.tigerbbs.com/0c73427e424cf2c11a341551b6b72153\" tg-width=\"554\" tg-height=\"1169\" referrerpolicy=\"no-referrer\"></p><p><b>WSB的众网友一致认为买看涨期权是唯一发家致富的道路。</b></p><p>时不时有人会发贴晒出自己做的调查(DD贴）长篇大论讨论哪只股票是值得下注的目标，帖子里一定少不了一大堆的火箭。</p><p>回帖的风格基本是这样的：你写了这么多我一个字也没看进去。篇幅这么长，又打了这么多火箭，这股票一定不错，我all in了。</p><p><b>02、风暴眼：一飞冲天的GME</b></p><p><b>然而，就是就是这样一个严重缺乏理性、幻想依靠赌运大发横财的论坛，却在华尔街掀起血雨腥风，把一众成名已久的大佬打翻在地。看的我们吃瓜群众是目瞪口呆。</b></p><p><b>这一切要从游戏零售商Gamestop说起。Gamestop（游戏驿站），简称GME。</b></p><p>美国很多人都是从小去GME买游戏盘长大的。圣诞节前父母排队，拎着游戏回家，很有回忆和气氛。但在现在科技发达人人通网的情况下，越来越少的人会去实体店里买实体游戏，过去几年以来大多人对GME都不看好。股价从2016年的28一路跌到19年底的3块多。去年，GME成了美股做空股最多的股票。FactSet的数据显示，GME的空头净额是股票流通量的138%。</p><p>而就在GME被逼的快要破产，面临退市的情况下，reddit网友们看到了这些大力持仓的空投机构，一些人开始鼓励大家买入GME的股票和期权。</p><p><b>其中最著名的就是这位“带头大哥”DFV（DeepFxxingValue）</b>，他在股价最低点买入了五万美金的看涨期权，并在reddit上发表自己的看法和预测。未来GME的价格会逐步上涨，并且空头们最终会迫于压力回购股票，形成short squeeze (逼空、轧空)，到时候股价会一飞冲天。</p><p><img src=\"https://static.tigerbbs.com/2668fe98f0f6c5a0cf659cd36cae5786\" tg-width=\"634\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p>这是DFV第一次发帖，当时股价已经慢慢开始回涨，他的五万三千美元已经变成了11万，网页纷纷劝他快跑。而这位DFV却不以为然，认为股价还有升值的空间，空头们还没有看到压力。</p><p>后来一年里，他陆续把自己的期权转换成半期权半股权的投资组合。并且GME股票在WSB里成为了一个常常出现的名字。Gamestop换了CEO，新来的是原来的宠物用品网站chewy的大佬，公司的财报也暂时确保了不会倒闭<b>。然而在这种微弱的利好消息下，reddit网友们还是纷纷跟上步伐，一起下注。</b></p><p>21年1月12号，GME股价来到接近20美元，这时DFV的GME 单股投资组合在一年里已经涨到了300万美元，并且还有价值100多万的1月15日20美元的看涨期权。</p><p><img src=\"https://static.tigerbbs.com/b775c69d39cfe92c4c29fa5590cbd8dc\" tg-width=\"590\" tg-height=\"138\" referrerpolicy=\"no-referrer\"></p><p>这时空头们终于坐不住了，开始大力买入GME止损。GME股价两天内从20美元涨到14日的40美元。</p><p><img src=\"https://static.tigerbbs.com/a50114e8debe3d8e0b44828e3d62c8f0\" tg-width=\"490\" tg-height=\"312\" referrerpolicy=\"no-referrer\"></p><p>这时DFV更新了，<b>他在一年多的时间里把五万三千美元变成了七百三十万。</b></p><p><img src=\"https://static.tigerbbs.com/b632556937dd3fbba88114e79b80616e\" tg-width=\"800\" tg-height=\"157\" referrerpolicy=\"no-referrer\"></p><p><b>然而这不是疯狂的结束，只是疯狂的开始</b>。经历了几天的抛售和止盈后，GME股价一直浮动在40左右。美国时间22日，又是一个周五，又是一个期权截止日，各空投机构们又没等来股票的回落，只好忍痛继续买入。今早股价一路飙升70%，被熔断叫停。股价最高时交易价为73美元一股。</p><p><img src=\"https://static.tigerbbs.com/41c673734c9d97dbd3cd3c4f2e2a986a\" tg-width=\"501\" tg-height=\"340\" referrerpolicy=\"no-referrer\"></p><p>WSB的各位都按捺不住了，论坛里开了专门的讨论贴：</p><p><img src=\"https://static.tigerbbs.com/a02b380897906a64d0b129ef9db097dd\" tg-width=\"612\" tg-height=\"108\" referrerpolicy=\"no-referrer\"></p><p>买了GME的都在欢呼雀跃，没买的吃瓜群众后悔自己为何不早上车，还有没拿稳40块抛了，只赚了区区几十倍的后悔为何跑得那么早。</p><p>这时候，永远的神，带头大哥DFV又来发帖了，他的账户已经暴增到7200万人民币。</p><p><img src=\"https://static.tigerbbs.com/dcebfd424943694e9f5bf7834a5e667d\" tg-width=\"593\" tg-height=\"116\" referrerpolicy=\"no-referrer\"></p><p><b>03、香橼“缴械投降”</b></p><p><b>散户们辉煌的胜利下，是空头们的累累尸骨，第一个倒下的是大名鼎鼎的空头香橼。</b></p><p>很多中国投资者可能对这个机构都很熟悉，香橼成立至今发布150多份沽空报告，先后狙击20多家中概股公司，其中10家以上不是惨淡退市，就是股价从此一蹶不振。</p><p>1月19日周二，香橼在社交账号上表示，GameStop股票的买家是“这场扑克游戏中的输家”，这只股票的股价很快将回到20美元的水平。</p><p><img src=\"https://static.tigerbbs.com/a2d6f5f1a82350978e742c6c862244d9\" tg-width=\"554\" tg-height=\"136\" referrerpolicy=\"no-referrer\"></p><p>不过这一表态“捅了马蜂窝”，Reddit用户们对香橼的评论群起而攻，甚至有针对Andrew Left家人的攻击。与此同时，这些散户集体推高GameStop的股价，目的就是打爆香橼等机构的空头头寸。</p><p><b>面对散户的攻击，香橼愈战愈勇</b>，创始人Andrew Left在1月21日发布了一则视频，阐述了自己的五个理由，并称“从未见过人们如此愤怒地交换意见”。</p><p><img src=\"https://static.tigerbbs.com/48b0889e51c82785117535d3d01f9f56\" tg-width=\"487\" tg-height=\"231\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/3d914b2b9f89d71e0074f9f27bab3d1e\" tg-width=\"500\" tg-height=\"723\" referrerpolicy=\"no-referrer\"></p><p><b>然而大空头还是低估了散户们的“雷霆之怒”。</b></p><p>周五当天稍晚，由于账号受到太多人攻击，香橼最终不堪其扰，认怂出局。香橼新开了一个社交媒体账号，在唯一一则推文中，香橼挂出了“免战牌”，表示将不再就GameStop发表意见，因为“家庭第一”。</p><p>Andrew Left也在声明中称，不发表意见不是因为不相信自己的投资理论，而是因为“一群拥有这只股票的愤怒暴徒在过去48小时内犯下了多项罪行“，他将把这些罪行移交给FBI、SEC和其他政府机构。</p><p><img src=\"https://static.tigerbbs.com/7a0f52e3e99a5cbc284bcae592446c61\" tg-width=\"591\" tg-height=\"416\" referrerpolicy=\"no-referrer\"></p><p><b>04、打爆对冲基金</b></p><p><b>干翻小小的香橼只是开胃菜，很快，散户们的又一个刀下亡魂浮出水面了。</b></p><p>1月25日周一，对冲基金梅尔文资本（Melvin）惨遭散户逼空而损失惨重，传闻巨亏30%，不得不向外求援。另外两家对冲基金Citadel和Point72联手向其提供合计27.5亿美元的资金。</p><p><b>Citadel和Point72都是华尔街顶级对冲基金，分别由传奇对冲基金经理金肯·格里芬和史蒂文·科恩掌管。</b></p><p><b>这一消息再次激发起散户们的斗志，这下可逮到大鱼了！论坛中的散户曾多次发布“动员书”，动员论坛内用户打爆空头。</b></p><p><img src=\"https://static.tigerbbs.com/a00c9e6c854688f0d4798f1be0a4c66f\" tg-width=\"554\" tg-height=\"599\" referrerpolicy=\"no-referrer\"></p><p><b>周一开盘，GME股价开盘后就如脱缰的野马</b>，从65美元一路飙到159美元，随后又高台跳水，一泻千里，最终收在76美元。</p><p><b>周二更是恐怖，直接暴涨至147美元，一天翻倍！</b>梅尔文资本等空头们都也吓尿了，这么个涨法，有多少个27亿美元都不够用啊。</p><p>一个推测开始在市场上发酵，GME股价如果在这么疯涨下去，梅尔文资本最后可能面临爆仓的风险。而其管理资产的规模超过100亿美元，<b>一旦爆仓将可能引发整个美股崩盘。</b></p><p>坊间开始传闻称梅尔文资本将正式于下周提出破产申请，几小时后将被迫清算其持有的阿里巴巴股票。</p><p>WSB的散户公开叫嚣，如果今日GME开盘价超过175美元，Melvin Capital将会被迫清仓所有多头仓位，这将导致该机构直接破产。</p><p>一边是200万抱团在一起的美国散户，一边是梅尔文资本、Citadel和Point72等顶级金融大鳄，美国股市的巅峰之战，似乎将把整个美股都带入万劫不复的深渊。</p><p><b>所有目光都聚焦在风暴眼GME身上。</b></p><p><b>周三盘前，GME股价再度失控，狂飙至300美元，涨幅120%</b>。</p><p><b>就在所有人在为梅尔文资本和美国股市捏了一把汗的时候，消息传来，梅尔文资本投降了！</b></p><p>Melvin Capital基金经理加布·普洛特金宣布，在经历巨额亏损后，公司已于本周二下午清掉了对GME的空头头寸。但他做空行为具体亏了金额，目前尚不得而知。</p><p><b>05、不死不休的战斗</b></p><p>又一个机构倒下了，已经杀红了眼的散户们踩着他们的残骸继续前进。</p><p>如今GME的股价10天翻了15倍，已经涨到匪夷所思的高度。</p><p>这场游戏已经没有任何理性可言，散户们目前唯一的念想就是把这只股票里的空头全部拉爆。</p><p>只要空头不死，这场游戏就不算完。</p><p>但如此疯狂的散户们是有限的，散户们的钱包是有限的。我们似乎看到，华尔街机构的大佬们，正潜伏在暗处，等待着，给与散户致命一击。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c7da52addfd52fb216bcf87283f43750","relate_stocks":{"EXPR":"Express, Inc.","GME":"游戏驿站","AMC":"AMC院线","BBBY":"3B家居","BB":"黑莓"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144254228","content_text":"1月27日讯，美国散户聚集的论坛WallStreetBets的服务器被Discord平台封杀，被迫转为私人服务。Discord称，封禁Wallstreetbets服务器的理由是“仇视性内容”，不是因为金融诈骗。Reddit的Wallstreetbets页面显示称，论坛“将会回来”。在\"美国散户聚集地\"Wallstreetbets网页转为私人后，新页面Wallstreetbetsnew访问量短时暴增，群组成员数已超10万。此前Reddit上Wallstreetbets的页面已变为私人页面。WSB概念股盘后大跌，AMC院线跌超40%，Express跌超37%，黑莓跌近27%，游戏驿站跌超26%，3B家居跌近266%，诺基亚跌超12%。wallstreetbets是国外reddit论坛上的一个分版块，用国内互联网生态做比喻的话，那就是戒赌吧。混戒赌吧的是沉迷于赌博的赌徒，而wallstreetbets里是一群痴迷于交易股票期权的赌棍。值得关注的是，美国白宫新闻发言人Psaki称，美国财长耶伦和拜登的经济团队正在密切关注GameStop和其他股票遭大量做空公司的活动。Psaki称，GME不寻常交易“很好地提醒了我们，股市并不是衡量我们经济健康状况的唯一标准。”散户行为也引发监管关注，纳斯达克交易所公司CEO Adena Friedman称：“我们会监控社交媒体上的言论，如果我们发现言论与股票的异常表现相关，就会暂停股票交易。如果我们确实认为存在股票操纵行为，我们将与美国金融业监管局（FINRA）和美国证交会展开调查。”相关阅读：“要么发财！要么穷死！”美国散户敢死队“热血式炒股”威震华尔街投资老鸟都知道，在股市里，散户们势单力薄，信息滞后，就是机构嗷嗷待割的韭菜。但美国的新一代年轻散户们，却通过抱团作战，将一众华尔街机构割得闻风丧胆，丢盔弃甲。他们是一帮赌徒，信奉YOLO主义——You only live once，你只活一次。所以干票大的。成了，就坐上游艇自此退休，不成，大不了变成穷光蛋。他们的秘诀就在，要和华尔街对着干。他们发现，那些普遍不被机构看好的股票，反而有机会利用衍生品、杠杆等交易机制掀起巨大的波动。只要散户足够团结，就能有足够的力量，可以战胜机构，主宰市场。他们将一只行将退市的垃圾股GME（游戏驿站）从3美元一路拉到300美元，一年100倍。一路暴打资本主义空头，将他们按在地上摩擦。看的中国吃瓜群众目瞪口呆，直呼高级。大名鼎鼎的空头香橼，规模超百亿的对冲基金梅尔文，都是他们的刀下亡魂。他们是如何做到这一点的呢？这一切要从他们的根据地，WSB论坛说起。01、“离谱又热血”的逼空故事WallStreetBets，这是一个美国虎扑reddit的分区，大意为“华尔街赌场”， 坊间简称WSB。这个论坛的各位网友都不是信奉理性和价值投资的角色。而是把股市当赌场，幻想着通过梭哈，单车变摩托的赌徒。WSB的众网友们梦想是过上华尔街之狼中小李子那样的生活。大家都觉得自己不是韭菜而是马上飞上月球的宇航员。( WSB里有个单词叫mooning,指的是价格飙升上月球。)论坛里日常就是晒仓位图。大家不是赚飞就是亏到裤衩都没有。WSB的众网友一致认为买看涨期权是唯一发家致富的道路。时不时有人会发贴晒出自己做的调查(DD贴）长篇大论讨论哪只股票是值得下注的目标，帖子里一定少不了一大堆的火箭。回帖的风格基本是这样的：你写了这么多我一个字也没看进去。篇幅这么长，又打了这么多火箭，这股票一定不错，我all in了。02、风暴眼：一飞冲天的GME然而，就是就是这样一个严重缺乏理性、幻想依靠赌运大发横财的论坛，却在华尔街掀起血雨腥风，把一众成名已久的大佬打翻在地。看的我们吃瓜群众是目瞪口呆。这一切要从游戏零售商Gamestop说起。Gamestop（游戏驿站），简称GME。美国很多人都是从小去GME买游戏盘长大的。圣诞节前父母排队，拎着游戏回家，很有回忆和气氛。但在现在科技发达人人通网的情况下，越来越少的人会去实体店里买实体游戏，过去几年以来大多人对GME都不看好。股价从2016年的28一路跌到19年底的3块多。去年，GME成了美股做空股最多的股票。FactSet的数据显示，GME的空头净额是股票流通量的138%。而就在GME被逼的快要破产，面临退市的情况下，reddit网友们看到了这些大力持仓的空投机构，一些人开始鼓励大家买入GME的股票和期权。其中最著名的就是这位“带头大哥”DFV（DeepFxxingValue），他在股价最低点买入了五万美金的看涨期权，并在reddit上发表自己的看法和预测。未来GME的价格会逐步上涨，并且空头们最终会迫于压力回购股票，形成short squeeze (逼空、轧空)，到时候股价会一飞冲天。这是DFV第一次发帖，当时股价已经慢慢开始回涨，他的五万三千美元已经变成了11万，网页纷纷劝他快跑。而这位DFV却不以为然，认为股价还有升值的空间，空头们还没有看到压力。后来一年里，他陆续把自己的期权转换成半期权半股权的投资组合。并且GME股票在WSB里成为了一个常常出现的名字。Gamestop换了CEO，新来的是原来的宠物用品网站chewy的大佬，公司的财报也暂时确保了不会倒闭。然而在这种微弱的利好消息下，reddit网友们还是纷纷跟上步伐，一起下注。21年1月12号，GME股价来到接近20美元，这时DFV的GME 单股投资组合在一年里已经涨到了300万美元，并且还有价值100多万的1月15日20美元的看涨期权。这时空头们终于坐不住了，开始大力买入GME止损。GME股价两天内从20美元涨到14日的40美元。这时DFV更新了，他在一年多的时间里把五万三千美元变成了七百三十万。然而这不是疯狂的结束，只是疯狂的开始。经历了几天的抛售和止盈后，GME股价一直浮动在40左右。美国时间22日，又是一个周五，又是一个期权截止日，各空投机构们又没等来股票的回落，只好忍痛继续买入。今早股价一路飙升70%，被熔断叫停。股价最高时交易价为73美元一股。WSB的各位都按捺不住了，论坛里开了专门的讨论贴：买了GME的都在欢呼雀跃，没买的吃瓜群众后悔自己为何不早上车，还有没拿稳40块抛了，只赚了区区几十倍的后悔为何跑得那么早。这时候，永远的神，带头大哥DFV又来发帖了，他的账户已经暴增到7200万人民币。03、香橼“缴械投降”散户们辉煌的胜利下，是空头们的累累尸骨，第一个倒下的是大名鼎鼎的空头香橼。很多中国投资者可能对这个机构都很熟悉，香橼成立至今发布150多份沽空报告，先后狙击20多家中概股公司，其中10家以上不是惨淡退市，就是股价从此一蹶不振。1月19日周二，香橼在社交账号上表示，GameStop股票的买家是“这场扑克游戏中的输家”，这只股票的股价很快将回到20美元的水平。不过这一表态“捅了马蜂窝”，Reddit用户们对香橼的评论群起而攻，甚至有针对Andrew Left家人的攻击。与此同时，这些散户集体推高GameStop的股价，目的就是打爆香橼等机构的空头头寸。面对散户的攻击，香橼愈战愈勇，创始人Andrew Left在1月21日发布了一则视频，阐述了自己的五个理由，并称“从未见过人们如此愤怒地交换意见”。然而大空头还是低估了散户们的“雷霆之怒”。周五当天稍晚，由于账号受到太多人攻击，香橼最终不堪其扰，认怂出局。香橼新开了一个社交媒体账号，在唯一一则推文中，香橼挂出了“免战牌”，表示将不再就GameStop发表意见，因为“家庭第一”。Andrew Left也在声明中称，不发表意见不是因为不相信自己的投资理论，而是因为“一群拥有这只股票的愤怒暴徒在过去48小时内犯下了多项罪行“，他将把这些罪行移交给FBI、SEC和其他政府机构。04、打爆对冲基金干翻小小的香橼只是开胃菜，很快，散户们的又一个刀下亡魂浮出水面了。1月25日周一，对冲基金梅尔文资本（Melvin）惨遭散户逼空而损失惨重，传闻巨亏30%，不得不向外求援。另外两家对冲基金Citadel和Point72联手向其提供合计27.5亿美元的资金。Citadel和Point72都是华尔街顶级对冲基金，分别由传奇对冲基金经理金肯·格里芬和史蒂文·科恩掌管。这一消息再次激发起散户们的斗志，这下可逮到大鱼了！论坛中的散户曾多次发布“动员书”，动员论坛内用户打爆空头。周一开盘，GME股价开盘后就如脱缰的野马，从65美元一路飙到159美元，随后又高台跳水，一泻千里，最终收在76美元。周二更是恐怖，直接暴涨至147美元，一天翻倍！梅尔文资本等空头们都也吓尿了，这么个涨法，有多少个27亿美元都不够用啊。一个推测开始在市场上发酵，GME股价如果在这么疯涨下去，梅尔文资本最后可能面临爆仓的风险。而其管理资产的规模超过100亿美元，一旦爆仓将可能引发整个美股崩盘。坊间开始传闻称梅尔文资本将正式于下周提出破产申请，几小时后将被迫清算其持有的阿里巴巴股票。WSB的散户公开叫嚣，如果今日GME开盘价超过175美元，Melvin Capital将会被迫清仓所有多头仓位，这将导致该机构直接破产。一边是200万抱团在一起的美国散户，一边是梅尔文资本、Citadel和Point72等顶级金融大鳄，美国股市的巅峰之战，似乎将把整个美股都带入万劫不复的深渊。所有目光都聚焦在风暴眼GME身上。周三盘前，GME股价再度失控，狂飙至300美元，涨幅120%。就在所有人在为梅尔文资本和美国股市捏了一把汗的时候，消息传来，梅尔文资本投降了！Melvin Capital基金经理加布·普洛特金宣布，在经历巨额亏损后，公司已于本周二下午清掉了对GME的空头头寸。但他做空行为具体亏了金额，目前尚不得而知。05、不死不休的战斗又一个机构倒下了，已经杀红了眼的散户们踩着他们的残骸继续前进。如今GME的股价10天翻了15倍，已经涨到匪夷所思的高度。这场游戏已经没有任何理性可言，散户们目前唯一的念想就是把这只股票里的空头全部拉爆。只要空头不死，这场游戏就不算完。但如此疯狂的散户们是有限的，散户们的钱包是有限的。我们似乎看到，华尔街机构的大佬们，正潜伏在暗处，等待着，给与散户致命一击。","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}