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2021-06-27

Interesting

5 Heavily Short-Sold Stocks to Avoid Like the Plague

2021-06-25

Interesting

Panasonic sells Tesla stake for $3.6 billion, may use cash for strategic investments

2021-06-23

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Singapore’s Millionaires Count Expected to Surge 62% by 2025

2021-06-22

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2021-06-21

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NIO Takes On The World

2021-06-21

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Answering the great inflation question of our time

2021-06-18

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Alibaba Stock: The Bottoming Process Looks To Be Forming Already

2021-06-18

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Alibaba Stock: The Bottoming Process Looks To Be Forming Already

2021-06-17

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More than 50% chance Federal Reserve hikes rates by end of 2023: Goldman Sachs

2021-06-16

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2021-06-15

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3 Stocks to Avoid This Week

2021-06-14

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Corsair Surges Amid Meme Rally; Jim Cramer Warns on High-Level Sellers

2021-06-13

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

2021-06-12

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Don’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare

2021-06-11

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Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares

2021-06-10

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2021-06-09

Interesting

GameStop Q1 2021 Earnings Preview

2021-06-07

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GameStop earnings, consumer inflation data: What to know this week

2021-06-04

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Tesla shares drop on report of steep May sales decline in China

2021-06-03

Wow

Shares of retail favorite AMC nearly double, company woos investors with free popcorn

Go to Tiger App to see more news

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transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":3,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":124720709,"gmtCreate":1624794963301,"gmtModify":1703845238939,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124720709","repostId":"2146006003","repostType":4,"repost":{"id":"2146006003","kind":"highlight","pubTimestamp":1624756284,"share":"https://ttm.financial/m/news/2146006003?lang=&edition=fundamental","pubTime":"2021-06-27 09:11","market":"us","language":"en","title":"5 Heavily Short-Sold Stocks to Avoid Like the Plague","url":"https://stock-news.laohu8.com/highlight/detail?id=2146006003","media":"Motley Fool","summary":"There's good reason for short-sellers to have piled into these poor-performing companies.","content":"<p>When the curtain closes on 2021 in a tad over six months, there's little question this year will be remembered for the rise of the retail investor. Even though retail investors have been putting their money to work in stocks for more than a century, their collective efforts have moved markets like never before in 2021.</p>\n<p>Without getting too far into the weeds, they have been using social media platforms like Reddit as a staging ground to rally the troops and seek out stocks with very high levels of short interest. Retail investors have then been purchasing shares and out-of-the-money call options in order to effect a short squeeze -- when pessimists head for the exit at the same time. Short squeezes are quick-occurring events, but they can lead to eye-popping run-ups in the price of a stock.</p>\n<p>However, not all heavily short-sold stocks should be bought by investors. In many instances, a large short position exists because the underlying business model or industry is broken, or management is failing on multiple levels. The following five heavily short-sold stocks fit that bill, and they should all be avoided like the plague.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/777fc8df6f4a33ed67a1414839a58626\" tg-width=\"700\" tg-height=\"485\"><span>Image source: Getty Images.</span></p>\n<h2>Sundial Growers</h2>\n<p>Canadian marijuana stock <b>Sundial Growers</b> (NASDAQ:SNDL) has been a common target for short-sellers for over a year. Even with its minuscule $1 share price, almost 268 million shares were held short as of May 28. But there's a very good reason for folks to be pessimistic: Sundial's management team has been a disaster.</p>\n<p>Beginning in October 2020, management began raising capital to strengthen the company's balance sheet. Although all debts have now been paid off, the equity offerings have just kept coming. In the span of seven months and <a href=\"https://laohu8.com/S/AONE\">one</a> week, the company's outstanding share count ballooned from 509 million to 1.86 billion. Existing shareholders have been buried by management's ill-advised capital raises, and with 1.86 billion shares outstanding, the company has virtually no chance of ever producing meaningful earnings per share.</p>\n<p>Making matters worse, Sundial Growers' cannabis operations have gone up in smoke. Management made the decision to switch away from wholesale marijuana to higher-margin retail cannabis. Unfortunately, this shift has caused sales to plummet. Whereas most North American pot stocks are thriving, Sundial is stuck in reverse.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8abdae403dddfa42107e06ea5bfddf39\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2><a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a></h2>\n<p>Electric vehicles (EVs) and ancillary EV players could be some of the biggest winners over the next decade. But short-sellers are pretty convinced that <b>Blink Charging</b> (NASDAQ:BLNK), a provider of EV charging accessories and networks, won't be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of them. More than a third of the company's float (its tradable shares) are currently held short.</p>\n<p>Arguably the biggest red flag for Blink Charging is that the company doesn't look to be investing any of its more than $230 million in cash and marketable securities into research and development (R&amp;D), the cornerstone growth driver of the EV industry. Without R&amp;D, there's absolutely nothing that separates Blink Charging from its competition.</p>\n<p>Just as unnerving is the fact that Blink's sales are dubiously low for a company sporting a $1.7 billion market cap. During the first quarter, the company brought in only $2.2 million in revenue, with product sales driving the entirety of its year-over-year growth. The combination of charging service revenue and network fees actually <i>declined</i> from the pandemic-impacted first quarter of 2020. With Blink still many years away from being relevant, it makes for an easy stock to avoid.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b45c4bd410befdb22fd801c7758dfb71\" tg-width=\"700\" tg-height=\"525\"><span>Image source: Getty Images.</span></p>\n<h2>MicroStrategy</h2>\n<p>To some, <b>MicroStrategy</b> (NASDAQ:MSTR) CEO Michael Saylor is a hero or revolutionary for his willingness to add <b>Bitcoin</b> (CRYPTO:BTC) to his company's balance sheet. But I'm more inclined to side with the short-sellers who find his actions reckless.</p>\n<p>It's one thing for a company to use a percentage of excess cash to purchase Bitcoin to carry on the balance sheet. What Saylor did was issue over $2 billion in debt -- capital that MicroStrategy doesn't have -- to purchase additional Bitcoin. According to the company, it owns 105,085 Bitcoin tokens at an average price of $26,080. Taking into account that Bitcoin has had three separate drawdowns of at least 80% over the past decade, this all-in strategy could easily backfire.</p>\n<p>To boot, Saylor has seemingly ignored the company's business-intelligence segment, which is working on a six-year streak of declining sales. He's effectively turned MicroStrategy into a leveraged shell company that's completely dependent on an external factor (Bitcoin), rather than innovation. This looks like a recipe for disaster.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fa2ba495a6e7fca450016fd71257564\" tg-width=\"700\" tg-height=\"466\"><span>Now-former CEO Steve Burns standing next to an Endurance prototype EV truck. Image source: Lordstown Motors.</span></p>\n<h2>Lordstown Motors</h2>\n<p>In case you didn't get the memo the first time around, EVs are a really popular place for investors to park their cash. But investors have a tendency to overestimate how quickly new technology will be adopted, and they sometimes overlook that not all industry players will succeed. That could well be the case for the heavily short-sold electric truck company <b>Lordstown Motors</b> (NASDAQ:RIDE).</p>\n<p>In a span of six days in June, Lordstown has:</p>\n<ul>\n <li>Seen its CEO and CFO step down;</li>\n <li>Responded to a short-seller report from Hindenburg Research by noting that some statements regarding its pre-orders weren't entirely accurate; and</li>\n <li>Noted in a filing with the Securities and Exchange Commission that its current level of cash and cash equivalents won't be sufficient to launch and commercially scale its EVs.</li>\n</ul>\n<p>Building an EV company from the ground up is costly, time-consuming, and not without speed bumps (just ask <b>Tesla</b>). With a new management team taking the wheel and the company's cash situation perilous at best, it's not even clear if Lordstown will survive. Though the EV industry will have long-term winners, this company is easily avoidable for the time being.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8744238e015a39b7c43eadf4b547c75d\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>AMC Entertainment</h2>\n<p>Lastly, as if there were any doubt, heavily short-sold movie theater chain <b>AMC Entertainment Holdings</b> (NYSE:AMC) should be avoided like the plague. While Reddit traders would like to believe that manipulation is the reason behind AMC's high short interest, it actually has to do with AMC's poor operating performance and the mediocre outlook for the theater industry as a whole.</p>\n<p>For the past 19 years, ticket sales for the movie industry have been in a fairly steady decline. This is likely to continue with streaming services pushing traditional theater chains for exclusivity, and select studios shortening the exclusivity time frame of films at theaters. Even with a larger share of the theater market, AMC's pie continues to shrink.</p>\n<p>The bigger issue for AMC is that the performance of its stock doesn't come close to matching its underlying operating results. People might be returning to the theater, but AMC is still burning through a lot of capital, and it's many, <i>many</i> years away from turning a profit. That's a problem for a company with more than $5.4 billion in outstanding debt -- and the pricing of its 2027 bonds shows it.</p>\n<p>AMC is being driven by hype and misinformation, and it's not clear how long this irrationality will last. One thing that is clear is pump-and-dump schemes like this one always end poorly.</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>5 Heavily Short-Sold Stocks to Avoid Like the Plague</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\">\n5 Heavily Short-Sold Stocks to Avoid Like the Plague\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 09:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/26/5-heavily-short-sold-stocks-avoid-like-the-plague/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When the curtain closes on 2021 in a tad over six months, there's little question this year will be remembered for the rise of the retail investor. Even though retail investors have been putting their...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/26/5-heavily-short-sold-stocks-avoid-like-the-plague/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","MSTR":"MicroStrategy","SNDL":"SNDL Inc.","BLNK":"Blink Charging"},"source_url":"https://www.fool.com/investing/2021/06/26/5-heavily-short-sold-stocks-avoid-like-the-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146006003","content_text":"When the curtain closes on 2021 in a tad over six months, there's little question this year will be remembered for the rise of the retail investor. Even though retail investors have been putting their money to work in stocks for more than a century, their collective efforts have moved markets like never before in 2021.\nWithout getting too far into the weeds, they have been using social media platforms like Reddit as a staging ground to rally the troops and seek out stocks with very high levels of short interest. Retail investors have then been purchasing shares and out-of-the-money call options in order to effect a short squeeze -- when pessimists head for the exit at the same time. Short squeezes are quick-occurring events, but they can lead to eye-popping run-ups in the price of a stock.\nHowever, not all heavily short-sold stocks should be bought by investors. In many instances, a large short position exists because the underlying business model or industry is broken, or management is failing on multiple levels. The following five heavily short-sold stocks fit that bill, and they should all be avoided like the plague.\nImage source: Getty Images.\nSundial Growers\nCanadian marijuana stock Sundial Growers (NASDAQ:SNDL) has been a common target for short-sellers for over a year. Even with its minuscule $1 share price, almost 268 million shares were held short as of May 28. But there's a very good reason for folks to be pessimistic: Sundial's management team has been a disaster.\nBeginning in October 2020, management began raising capital to strengthen the company's balance sheet. Although all debts have now been paid off, the equity offerings have just kept coming. In the span of seven months and one week, the company's outstanding share count ballooned from 509 million to 1.86 billion. Existing shareholders have been buried by management's ill-advised capital raises, and with 1.86 billion shares outstanding, the company has virtually no chance of ever producing meaningful earnings per share.\nMaking matters worse, Sundial Growers' cannabis operations have gone up in smoke. Management made the decision to switch away from wholesale marijuana to higher-margin retail cannabis. Unfortunately, this shift has caused sales to plummet. Whereas most North American pot stocks are thriving, Sundial is stuck in reverse.\nImage source: Getty Images.\nBlink Charging\nElectric vehicles (EVs) and ancillary EV players could be some of the biggest winners over the next decade. But short-sellers are pretty convinced that Blink Charging (NASDAQ:BLNK), a provider of EV charging accessories and networks, won't be one of them. More than a third of the company's float (its tradable shares) are currently held short.\nArguably the biggest red flag for Blink Charging is that the company doesn't look to be investing any of its more than $230 million in cash and marketable securities into research and development (R&D), the cornerstone growth driver of the EV industry. Without R&D, there's absolutely nothing that separates Blink Charging from its competition.\nJust as unnerving is the fact that Blink's sales are dubiously low for a company sporting a $1.7 billion market cap. During the first quarter, the company brought in only $2.2 million in revenue, with product sales driving the entirety of its year-over-year growth. The combination of charging service revenue and network fees actually declined from the pandemic-impacted first quarter of 2020. With Blink still many years away from being relevant, it makes for an easy stock to avoid.\nImage source: Getty Images.\nMicroStrategy\nTo some, MicroStrategy (NASDAQ:MSTR) CEO Michael Saylor is a hero or revolutionary for his willingness to add Bitcoin (CRYPTO:BTC) to his company's balance sheet. But I'm more inclined to side with the short-sellers who find his actions reckless.\nIt's one thing for a company to use a percentage of excess cash to purchase Bitcoin to carry on the balance sheet. What Saylor did was issue over $2 billion in debt -- capital that MicroStrategy doesn't have -- to purchase additional Bitcoin. According to the company, it owns 105,085 Bitcoin tokens at an average price of $26,080. Taking into account that Bitcoin has had three separate drawdowns of at least 80% over the past decade, this all-in strategy could easily backfire.\nTo boot, Saylor has seemingly ignored the company's business-intelligence segment, which is working on a six-year streak of declining sales. He's effectively turned MicroStrategy into a leveraged shell company that's completely dependent on an external factor (Bitcoin), rather than innovation. This looks like a recipe for disaster.\nNow-former CEO Steve Burns standing next to an Endurance prototype EV truck. Image source: Lordstown Motors.\nLordstown Motors\nIn case you didn't get the memo the first time around, EVs are a really popular place for investors to park their cash. But investors have a tendency to overestimate how quickly new technology will be adopted, and they sometimes overlook that not all industry players will succeed. That could well be the case for the heavily short-sold electric truck company Lordstown Motors (NASDAQ:RIDE).\nIn a span of six days in June, Lordstown has:\n\nSeen its CEO and CFO step down;\nResponded to a short-seller report from Hindenburg Research by noting that some statements regarding its pre-orders weren't entirely accurate; and\nNoted in a filing with the Securities and Exchange Commission that its current level of cash and cash equivalents won't be sufficient to launch and commercially scale its EVs.\n\nBuilding an EV company from the ground up is costly, time-consuming, and not without speed bumps (just ask Tesla). With a new management team taking the wheel and the company's cash situation perilous at best, it's not even clear if Lordstown will survive. Though the EV industry will have long-term winners, this company is easily avoidable for the time being.\nImage source: Getty Images.\nAMC Entertainment\nLastly, as if there were any doubt, heavily short-sold movie theater chain AMC Entertainment Holdings (NYSE:AMC) should be avoided like the plague. While Reddit traders would like to believe that manipulation is the reason behind AMC's high short interest, it actually has to do with AMC's poor operating performance and the mediocre outlook for the theater industry as a whole.\nFor the past 19 years, ticket sales for the movie industry have been in a fairly steady decline. This is likely to continue with streaming services pushing traditional theater chains for exclusivity, and select studios shortening the exclusivity time frame of films at theaters. Even with a larger share of the theater market, AMC's pie continues to shrink.\nThe bigger issue for AMC is that the performance of its stock doesn't come close to matching its underlying operating results. People might be returning to the theater, but AMC is still burning through a lot of capital, and it's many, many years away from turning a profit. That's a problem for a company with more than $5.4 billion in outstanding debt -- and the pricing of its 2027 bonds shows it.\nAMC is being driven by hype and misinformation, and it's not clear how long this irrationality will last. One thing that is clear is pump-and-dump schemes like this one always end poorly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122100298,"gmtCreate":1624601071114,"gmtModify":1703841465616,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122100298","repostId":"1180366049","repostType":4,"repost":{"id":"1180366049","kind":"news","pubTimestamp":1624598362,"share":"https://ttm.financial/m/news/1180366049?lang=&edition=fundamental","pubTime":"2021-06-25 13:19","market":"us","language":"en","title":"Panasonic sells Tesla stake for $3.6 billion, may use cash for strategic investments","url":"https://stock-news.laohu8.com/highlight/detail?id=1180366049","media":"Reuters","summary":"TOKYO (Reuters) -Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion","content":"<p>TOKYO (Reuters) -Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday.</p>\n<p>The sale comes as the bicycles-to-hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise cash for investing in growth.</p>\n<p>Panasonic’s battery business is dominated by Elon Musk’s Tesla, but the two firms have had a tense relationship at times with executives trading barbs publicly.</p>\n<p>Panasonic bought 1.4 million Tesla shares at $21.15 each in 2010 for about $30 million. That stake was worth $730 million at the end of March 2020. The shares have gained almost seven fold since then and closed up 3.5% at $679.82 apiece on Thursday.</p>\n<p>“The impact of crypto assets may have pushed Tesla’s share price above its intrinsic value, making it a good time to sell,” said Hideki Yasuda, an analyst at Ace Research Institute.</p>\n<p>Musk said in February his firm bought bitcoin and would take payment in the cryptocurrency, a decision he later reversed, and his comments on Twitter drive swings in the price of such assets.</p>\n<p>While Panasonic gave financial backing to Tesla when it was smaller, the automaker’s expansion means there’s no need for capital ties, Yasuda added. Panasonic’s shares were up 4.2% on Friday.</p>\n<p>The stake sale will not affect the partnership with Tesla, the Panasonic spokesperson said, but comes as the automaker is diversifying its own battery supply chain.</p>\n<p>Tesla has struck deals with South Korea’s LG Energy Solution, a unit of LG Chem, and China’s CATL, with Reuters reporting the latter is planning a plant in Shanghai near the automaker’s production base.</p>\n<p>Panasonic said earlier this year it would buy the shareshereof U.S. supply-chain software company Blue Yonder that it does not already own, in a $7.1 billion deal. Its biggest such deal in a decade, the price raised the eyebrows of analysts who pointed to the firm's spotty M&amp;A track record.</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>Panasonic sells Tesla stake for $3.6 billion, may use cash for strategic investments</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\">\nPanasonic sells Tesla stake for $3.6 billion, may use cash for strategic investments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/panasonic-tesla/update-4-panasonic-sells-tesla-stake-for-3-6-bln-may-use-cash-for-strategic-investments-idUSL2N2O6374><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) -Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday...</p>\n\n<a href=\"https://www.reuters.com/article/panasonic-tesla/update-4-panasonic-sells-tesla-stake-for-3-6-bln-may-use-cash-for-strategic-investments-idUSL2N2O6374\">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","PCRFY":"松下"},"source_url":"https://www.reuters.com/article/panasonic-tesla/update-4-panasonic-sells-tesla-stake-for-3-6-bln-may-use-cash-for-strategic-investments-idUSL2N2O6374","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180366049","content_text":"TOKYO (Reuters) -Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday.\nThe sale comes as the bicycles-to-hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise cash for investing in growth.\nPanasonic’s battery business is dominated by Elon Musk’s Tesla, but the two firms have had a tense relationship at times with executives trading barbs publicly.\nPanasonic bought 1.4 million Tesla shares at $21.15 each in 2010 for about $30 million. That stake was worth $730 million at the end of March 2020. The shares have gained almost seven fold since then and closed up 3.5% at $679.82 apiece on Thursday.\n“The impact of crypto assets may have pushed Tesla’s share price above its intrinsic value, making it a good time to sell,” said Hideki Yasuda, an analyst at Ace Research Institute.\nMusk said in February his firm bought bitcoin and would take payment in the cryptocurrency, a decision he later reversed, and his comments on Twitter drive swings in the price of such assets.\nWhile Panasonic gave financial backing to Tesla when it was smaller, the automaker’s expansion means there’s no need for capital ties, Yasuda added. Panasonic’s shares were up 4.2% on Friday.\nThe stake sale will not affect the partnership with Tesla, the Panasonic spokesperson said, but comes as the automaker is diversifying its own battery supply chain.\nTesla has struck deals with South Korea’s LG Energy Solution, a unit of LG Chem, and China’s CATL, with Reuters reporting the latter is planning a plant in Shanghai near the automaker’s production base.\nPanasonic said earlier this year it would buy the shareshereof U.S. supply-chain software company Blue Yonder that it does not already own, in a $7.1 billion deal. Its biggest such deal in a decade, the price raised the eyebrows of analysts who pointed to the firm's spotty M&A track record.","news_type":1},"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123283086,"gmtCreate":1624424650245,"gmtModify":1703836286193,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123283086","repostId":"1139503540","repostType":4,"repost":{"id":"1139503540","kind":"news","pubTimestamp":1624410306,"share":"https://ttm.financial/m/news/1139503540?lang=&edition=fundamental","pubTime":"2021-06-23 09:05","market":"sg","language":"en","title":"Singapore’s Millionaires Count Expected to Surge 62% by 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=1139503540","media":"Bloomberg","summary":"Singapore’s count of millionaires could increase by more than 60% over the five years from 2020 to 2","content":"<p>Singapore’s count of millionaires could increase by more than 60% over the five years from 2020 to 2025, according toCredit Suisse Group AG, part of a surge in millionaires expected in Asia as financial capitals emerge from the Covid-19 pandemic.</p>\n<p>The city-state may have 437,000 millionaires by 2025 compared with 270,000 in 2020, according to the bank’s2021 Global Wealth Report. That 62% pace would be faster than Hong Kong’s estimated 60% for the same period, but slower than the growth forecast in mainland China, India, Australia, South Korea and Tawian.</p>\n<p>Singapore’s millionaire density -- or percentage of millionaires in the total population -- was 5.5% in 2020, the second-highest in Asia after Hong Kong’s 8.3%, the report said. The island nation’s Gini coefficient -- a more broad-based measure of wealth inequality -- was at 78.3 in 2020, much higher than Japan’s 64.4, South Korea’s 67.6 and Taiwan’s 70.8.</p>\n<p>The wealth share of the top 1% in Singapore was almost 34% at the end of 2020, compared with 18% for Japan, 24% for South Korea and 28% for Taiwan. In a small country like Singapore, higher wealth inequality can result from an unrepresentative cluster of very high net-worth individuals, the report said.</p>","source":"lsy1584095487587","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>Singapore’s Millionaires Count Expected to Surge 62% by 2025</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\">\nSingapore’s Millionaires Count Expected to Surge 62% by 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 09:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-23/singapore-s-millionaires-count-expected-to-surge-62-by-2025><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s count of millionaires could increase by more than 60% over the five years from 2020 to 2025, according toCredit Suisse Group AG, part of a surge in millionaires expected in Asia as ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-23/singapore-s-millionaires-count-expected-to-surge-62-by-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-23/singapore-s-millionaires-count-expected-to-surge-62-by-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139503540","content_text":"Singapore’s count of millionaires could increase by more than 60% over the five years from 2020 to 2025, according toCredit Suisse Group AG, part of a surge in millionaires expected in Asia as financial capitals emerge from the Covid-19 pandemic.\nThe city-state may have 437,000 millionaires by 2025 compared with 270,000 in 2020, according to the bank’s2021 Global Wealth Report. That 62% pace would be faster than Hong Kong’s estimated 60% for the same period, but slower than the growth forecast in mainland China, India, Australia, South Korea and Tawian.\nSingapore’s millionaire density -- or percentage of millionaires in the total population -- was 5.5% in 2020, the second-highest in Asia after Hong Kong’s 8.3%, the report said. The island nation’s Gini coefficient -- a more broad-based measure of wealth inequality -- was at 78.3 in 2020, much higher than Japan’s 64.4, South Korea’s 67.6 and Taiwan’s 70.8.\nThe wealth share of the top 1% in Singapore was almost 34% at the end of 2020, compared with 18% for Japan, 24% for South Korea and 28% for Taiwan. In a small country like Singapore, higher wealth inequality can result from an unrepresentative cluster of very high net-worth individuals, the report said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129965815,"gmtCreate":1624352373137,"gmtModify":1703834180775,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129965815","repostId":"2145035785","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167216415,"gmtCreate":1624270185237,"gmtModify":1703832042461,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/167216415","repostId":"1172678753","repostType":4,"repost":{"id":"1172678753","kind":"news","pubTimestamp":1624268694,"share":"https://ttm.financial/m/news/1172678753?lang=&edition=fundamental","pubTime":"2021-06-21 17:44","market":"us","language":"en","title":"NIO Takes On The World","url":"https://stock-news.laohu8.com/highlight/detail?id=1172678753","media":"seekingalpha","summary":"NIO has been winning in China. Now it is going global.NIO is high-risk, high-reward. Valuation seems reasonable, short interest low, and sentiment has been improving.NIO Inc.stands out for its strong market position and innovation in the rapidly growing and highly competitive electric vehicle industry. Now, the company has plans to expand outside of China, with a brilliant strategy of first winning Norway.NIO has been winning in China, the single largest and most competitive EV market in the wor","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO has been winning in China. Now it is going global.</li>\n <li>First stop: Norway; a brilliant strategic move.</li>\n <li>NIO is high-risk, high-reward. Valuation seems reasonable, short interest low, and sentiment has been improving.</li>\n</ul>\n<p>NIO Inc.(NYSE:NIO)stands out for its strong market position and innovation in the rapidly growing and highly competitive electric vehicle industry. Now, the company has plans to expand outside of China, with a brilliant strategy of first winning Norway.</p>\n<p>In this article, we will analyze NIO's global expansion plans, as well as an updated analysis of the stock's trading, valuation, financials, and risks. Please also read my recent article<i>NIO Is Winning</i>for a broader analysis of the company's competitive advantages.</p>\n<p><b>The Plan</b></p>\n<p>NIO has been winning in China, the single largest and most competitive EV market in the world. Now, the company is set to take on the world. First stop: Norway.</p>\n<p>In May of this year, NIOannouncedthat it plans to sell the NIO ES8, the company's flagship seven-seater SUV, in its first overseas store in Oslo starting in September this year. By 2022, the company aims to expand its store network to other Norwegian cities and deliver the ET7.</p>\n<p>Norway is an excellent starting point given its affluent citizens, supportive attitude towards EVs, and relatively high global prestige. For example, in 2020,Norway'sper-capita GDP is over $75,000, well above theUK's$43,000.</p>\n<p>Another important reason for starting in Norway is the lack of domestic competitors. In Germany, you have Volkswagen (OTCPK:VWAGY). In France, you have Stellantis (STLA). In other words, it should be easier to win in Norway, and winning Norway will give the company credibility and momentum to win the rest of Europe and the rest of the world.</p>\n<p>This is a very smart move indeed.</p>\n<p><img src=\"https://static.tigerbbs.com/bd4ee92152d74d6051bcdf874b7a9b5a\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"></p>\n<p>Source: Company</p>\n<p>Unlike SAIC, BYD (OTCPK:BYDDF), and XPeng (XPEV) - which are also exporting to Europe - NIO is taking a different approach. The company plans to localize its entire ecosystem to create a unique premium EV ownership experience that parallels the Chineseecosystem strategy.</p>\n<p>Like in China, NIO will build both digital and physical infrastructure to support the brand. A dedicated mobile app will be available in Norway, supported by a lifestyle brand campaign in collaboration with local artists and a user advisory board. The firstNIO Houseoutside China will officially open in the third quarter in Oslo. In 2022, four NIO Spaces will open in Bergen, Stavanger, Trondheim, and Kristiansand.</p>\n<p>In addition, the company will also open an 18,000 square meter service center, charging stations, and battery swapping stations.</p>\n<p><img src=\"https://static.tigerbbs.com/aa22e0e80d298cc13c2d3dac50d93d12\" tg-width=\"640\" tg-height=\"356\" referrerpolicy=\"no-referrer\">Source: Company</p>\n<p>All of this will cost a lot of money, but it is important to establish a successful beachhead in Europe, and the company has plenty of cash (see<i>Financial</i>section).</p>\n<p><b>The Opportunity: Europe</b></p>\n<p>It might come as a surprise to readers that EVs already dominate the Norwegian carmarketwith a 54% market share in 2020 and a 66.7% market share in December 2020. Adoption of EVs is driven by the country's aggressive target of ending the sale of petrol and diesel cars by 2025.</p>\n<p>In 2020, 76,804 electric vehicles weresoldin Norway. That is a lot of EVs, but just a small fraction of the 1.4 million electric vehiclessoldin Europe that year.</p>\n<p>Europe offers massive growth opportunities for NIO, and management has repeatedly expressed interest in going after all of Europe. In 2020, the combined EV markets of this economic blocksurpassedChina for the first time. The combination of regulation, incentives, and public acceptance sent purchases of new EVs in Europe last year to 1.4 million from 595,000 the year before. Sales of EVs in China came in at 1.3 million, up from 1.2 million the yearbefore.</p>\n<p>According to JATO Dynamics, plug-in EVs accounted for 12% of all new car sales in the EU last year, and Europe has a global market share of 43% in EVs. China and the EU together account for nearly the entire global market for EVs (mid-80% range).</p>\n<p>In other words, NIO's serviceable addressable market (\"SAM\") doubles once it establishes a successful beachhead in Oslo. Stay tuned for September!</p>\n<p><b>Trading &amp; Valuation</b></p>\n<p>Sentiment on the stock has been improving significantly since May 2021. Since the beginning of June, the stock has been trading above its 200-day moving average after spending the previous month below this important technical indicator.</p>\n<p>Although the stock has been on a tear recently, short interest remains stable and low at around 5.2% of shares outstanding. This suggests little skepticism from professional skeptics - an assuring sign.</p>\n<p>Since NIO is not yet profitable, we will look at the forward EV/Sales multiple as is typical for hyper-growth companies not yet generating a profit. The company went public in September 2018, trading at around 7 to 8 times EV/Sales, before bottoming out at around 0.7 times sales in May 2019. The market, however, caught the EV fever in April 2020 and sent NIO's valuation soaring to a peak of 14.6x by January 2021.</p>\n<p>After the growth sell-off we recently experienced, NIO is currently sitting at a much more reasonable 8 times forward sales. This is a significant discount to Tesla's(NASDAQ:TSLA)10.2 times forward EV/Sales despite growing twice as fast (TSLA is expected to grow revenues by 57% in 2021 compared to NIO's 117%).</p>\n<p><b>Financials</b></p>\n<p>NIO is in hyper-growth mode. In 2020, the company generated $2.5 billion in revenue, up 126% y/y. In 2021, the company is expected to grow 117% y/y to $5.4 billion.</p>\n<p>The company is not yet profitable but is expected to be by 2022. Gross margin only turned positive in 2020 and is expected to be 19.3% in 2021. EBITDA is expected to be negative $258 million in 2021 and a positive $206 million in 2022. Free cash flow is expected to be negative $42 million in 2021 before turning to a positive $354 million in 2022.</p>\n<p>However, despite the cash burn expected in 2021, investors should feel at ease since the company exited2020with $5.9 billion of cash and cash equivalents. Including $600 million in short-term investments and subtracting ~$2.1 billion in debt and operating leases and the expected negative free cash flow in 2021, NIO should exit 2021 with over $4 billion in net cash and investments. That is plenty of buffers since NIO is expected to generate positive free cash flow in 2022.</p>\n<p><b>Risks</b></p>\n<p>There are many risks associated with owning NIO.</p>\n<p>Expanding outside of China comes will take a lot of capital and come with plenty of uncertainty. The company will need to establish credibility in mature automotive markets with consumers accustomed to buying from legacy OEMs.</p>\n<p>NIO's business model is innovative and new. Unfortunately, the flip side of that is that it is untested, and NIO remains unprofitable. For many investors, NIO will remain a \"show me\" story until the profitability of its business model improves.</p>\n<p>Although its battery swapping strategy is highly differentiated and seems to be growing rapidly, the jury is still out on the ultimate market share of battery swapping or fast-charging infrastructure. If fast charging technology continues to advance significantly, it will likely erode a key advantage of battery swapping: speed.</p>\n<p>NIO's ability to expand globally may be limited by the rising geopolitical tension between China and the US, and to a lesser extent, with Japan and Europe. The geopolitical situation remains highly opaque and uncertain and is a risk factor for all auto OEMs.</p>\n<p>Auto OEMs are currently facing a severe chipshortage. In addition, the chip density in automobiles is increasing, making the OEMs increasingly reliant on semiconductor suppliers and foundries.</p>\n<p>NIO's competitive advantages may not overcome the massive scale advantage of ICE OEMs and much bigger EV players like Tesla and China's BYD.</p>\n<p><b>Takeaway</b></p>\n<p>The more I learn about NIO, the more impressed I am by the company'sinnovation, competitive advantages, and ambition. Entering the European market through Norway, backed up by a sound and comprehensive execution plan, strikes me as a brilliant move. The company has billions on the balance sheet to support its global vision and currently trades at a reasonable valuation.</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>NIO Takes On The World</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 Takes On The World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 17:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435772-nio-takes-on-world><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO has been winning in China. Now it is going global.\nFirst stop: Norway; a brilliant strategic move.\nNIO is high-risk, high-reward. Valuation seems reasonable, short interest low, and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435772-nio-takes-on-world\">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://seekingalpha.com/article/4435772-nio-takes-on-world","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1172678753","content_text":"Summary\n\nNIO has been winning in China. Now it is going global.\nFirst stop: Norway; a brilliant strategic move.\nNIO is high-risk, high-reward. Valuation seems reasonable, short interest low, and sentiment has been improving.\n\nNIO Inc.(NYSE:NIO)stands out for its strong market position and innovation in the rapidly growing and highly competitive electric vehicle industry. Now, the company has plans to expand outside of China, with a brilliant strategy of first winning Norway.\nIn this article, we will analyze NIO's global expansion plans, as well as an updated analysis of the stock's trading, valuation, financials, and risks. Please also read my recent articleNIO Is Winningfor a broader analysis of the company's competitive advantages.\nThe Plan\nNIO has been winning in China, the single largest and most competitive EV market in the world. Now, the company is set to take on the world. First stop: Norway.\nIn May of this year, NIOannouncedthat it plans to sell the NIO ES8, the company's flagship seven-seater SUV, in its first overseas store in Oslo starting in September this year. By 2022, the company aims to expand its store network to other Norwegian cities and deliver the ET7.\nNorway is an excellent starting point given its affluent citizens, supportive attitude towards EVs, and relatively high global prestige. For example, in 2020,Norway'sper-capita GDP is over $75,000, well above theUK's$43,000.\nAnother important reason for starting in Norway is the lack of domestic competitors. In Germany, you have Volkswagen (OTCPK:VWAGY). In France, you have Stellantis (STLA). In other words, it should be easier to win in Norway, and winning Norway will give the company credibility and momentum to win the rest of Europe and the rest of the world.\nThis is a very smart move indeed.\n\nSource: Company\nUnlike SAIC, BYD (OTCPK:BYDDF), and XPeng (XPEV) - which are also exporting to Europe - NIO is taking a different approach. The company plans to localize its entire ecosystem to create a unique premium EV ownership experience that parallels the Chineseecosystem strategy.\nLike in China, NIO will build both digital and physical infrastructure to support the brand. A dedicated mobile app will be available in Norway, supported by a lifestyle brand campaign in collaboration with local artists and a user advisory board. The firstNIO Houseoutside China will officially open in the third quarter in Oslo. In 2022, four NIO Spaces will open in Bergen, Stavanger, Trondheim, and Kristiansand.\nIn addition, the company will also open an 18,000 square meter service center, charging stations, and battery swapping stations.\nSource: Company\nAll of this will cost a lot of money, but it is important to establish a successful beachhead in Europe, and the company has plenty of cash (seeFinancialsection).\nThe Opportunity: Europe\nIt might come as a surprise to readers that EVs already dominate the Norwegian carmarketwith a 54% market share in 2020 and a 66.7% market share in December 2020. Adoption of EVs is driven by the country's aggressive target of ending the sale of petrol and diesel cars by 2025.\nIn 2020, 76,804 electric vehicles weresoldin Norway. That is a lot of EVs, but just a small fraction of the 1.4 million electric vehiclessoldin Europe that year.\nEurope offers massive growth opportunities for NIO, and management has repeatedly expressed interest in going after all of Europe. In 2020, the combined EV markets of this economic blocksurpassedChina for the first time. The combination of regulation, incentives, and public acceptance sent purchases of new EVs in Europe last year to 1.4 million from 595,000 the year before. Sales of EVs in China came in at 1.3 million, up from 1.2 million the yearbefore.\nAccording to JATO Dynamics, plug-in EVs accounted for 12% of all new car sales in the EU last year, and Europe has a global market share of 43% in EVs. China and the EU together account for nearly the entire global market for EVs (mid-80% range).\nIn other words, NIO's serviceable addressable market (\"SAM\") doubles once it establishes a successful beachhead in Oslo. Stay tuned for September!\nTrading & Valuation\nSentiment on the stock has been improving significantly since May 2021. Since the beginning of June, the stock has been trading above its 200-day moving average after spending the previous month below this important technical indicator.\nAlthough the stock has been on a tear recently, short interest remains stable and low at around 5.2% of shares outstanding. This suggests little skepticism from professional skeptics - an assuring sign.\nSince NIO is not yet profitable, we will look at the forward EV/Sales multiple as is typical for hyper-growth companies not yet generating a profit. The company went public in September 2018, trading at around 7 to 8 times EV/Sales, before bottoming out at around 0.7 times sales in May 2019. The market, however, caught the EV fever in April 2020 and sent NIO's valuation soaring to a peak of 14.6x by January 2021.\nAfter the growth sell-off we recently experienced, NIO is currently sitting at a much more reasonable 8 times forward sales. This is a significant discount to Tesla's(NASDAQ:TSLA)10.2 times forward EV/Sales despite growing twice as fast (TSLA is expected to grow revenues by 57% in 2021 compared to NIO's 117%).\nFinancials\nNIO is in hyper-growth mode. In 2020, the company generated $2.5 billion in revenue, up 126% y/y. In 2021, the company is expected to grow 117% y/y to $5.4 billion.\nThe company is not yet profitable but is expected to be by 2022. Gross margin only turned positive in 2020 and is expected to be 19.3% in 2021. EBITDA is expected to be negative $258 million in 2021 and a positive $206 million in 2022. Free cash flow is expected to be negative $42 million in 2021 before turning to a positive $354 million in 2022.\nHowever, despite the cash burn expected in 2021, investors should feel at ease since the company exited2020with $5.9 billion of cash and cash equivalents. Including $600 million in short-term investments and subtracting ~$2.1 billion in debt and operating leases and the expected negative free cash flow in 2021, NIO should exit 2021 with over $4 billion in net cash and investments. That is plenty of buffers since NIO is expected to generate positive free cash flow in 2022.\nRisks\nThere are many risks associated with owning NIO.\nExpanding outside of China comes will take a lot of capital and come with plenty of uncertainty. The company will need to establish credibility in mature automotive markets with consumers accustomed to buying from legacy OEMs.\nNIO's business model is innovative and new. Unfortunately, the flip side of that is that it is untested, and NIO remains unprofitable. For many investors, NIO will remain a \"show me\" story until the profitability of its business model improves.\nAlthough its battery swapping strategy is highly differentiated and seems to be growing rapidly, the jury is still out on the ultimate market share of battery swapping or fast-charging infrastructure. If fast charging technology continues to advance significantly, it will likely erode a key advantage of battery swapping: speed.\nNIO's ability to expand globally may be limited by the rising geopolitical tension between China and the US, and to a lesser extent, with Japan and Europe. The geopolitical situation remains highly opaque and uncertain and is a risk factor for all auto OEMs.\nAuto OEMs are currently facing a severe chipshortage. In addition, the chip density in automobiles is increasing, making the OEMs increasingly reliant on semiconductor suppliers and foundries.\nNIO's competitive advantages may not overcome the massive scale advantage of ICE OEMs and much bigger EV players like Tesla and China's BYD.\nTakeaway\nThe more I learn about NIO, the more impressed I am by the company'sinnovation, competitive advantages, and ambition. Entering the European market through Norway, backed up by a sound and comprehensive execution plan, strikes me as a brilliant move. The company has billions on the balance sheet to support its global vision and currently trades at a reasonable valuation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164280061,"gmtCreate":1624207269953,"gmtModify":1703830667014,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/164280061","repostId":"1133385197","repostType":4,"repost":{"id":"1133385197","kind":"news","pubTimestamp":1624151969,"share":"https://ttm.financial/m/news/1133385197?lang=&edition=fundamental","pubTime":"2021-06-20 09:19","market":"us","language":"en","title":"Answering the great inflation question of our time","url":"https://stock-news.laohu8.com/highlight/detail?id=1133385197","media":"finance.yahoo","summary":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up","content":"<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.</p>\n<p>Unfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”</p>\n<p>The current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?</p>\n<p>Before I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.</p>\n<p>As an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.</p>\n<p>Until now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)</p>\n<p><img src=\"https://static.tigerbbs.com/87f75dfcb98fb5a0e7c3f9d3f8d336e2\" tg-width=\"705\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p>\n<p>Used car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.</p>\n<p>To be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)</p>\n<p>But that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&amp;P 500 down 1.91% this week, its worst week since February.</p>\n<p>Given this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.</p>\n<p>Now I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.</p>\n<p>As for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.</p>\n<p>Which brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.</p>\n<p>“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”</p>\n<p>“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.</p>\n<p>COVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.</p>\n<p>A prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.</p>\n<p>Another secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.</p>\n<p><b>Anti-inflation forces</b></p>\n<p>But here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?</p>\n<p>I say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”</p>\n<p>To buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.</p>\n<p>To me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.</p>\n<p>Not only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.</p>\n<p>So technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.</p>\n<p>There is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.</p>\n<p>After World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)</p>\n<p>Like its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.</p>\n<p>The internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.</p>\n<p>So technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.</p>\n<p>COVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.</p>\n<p>How significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.</p>\n<p>More downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”</p>\n<p>And so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”</p>\n<p>I don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)</p>","source":"lsy1612507957220","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>Answering the great inflation question of our time</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\">\nAnswering the great inflation question of our time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these...</p>\n\n<a href=\"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html\">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"},"source_url":"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133385197","content_text":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”\nThe current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?\nBefore I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.\nAs an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.\nUntil now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)\n\nUsed car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.\nTo be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)\nBut that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&P 500 down 1.91% this week, its worst week since February.\nGiven this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.\nNow I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.\nAs for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.\nWhich brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.\n“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”\n“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.\nCOVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.\nA prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.\nAnother secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.\nAnti-inflation forces\nBut here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?\nI say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”\nTo buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.\nTo me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.\nNot only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.\nSo technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.\nThere is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.\nAfter World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)\nLike its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.\nThe internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.\nSo technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.\nCOVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.\nHow significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.\nMore downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”\nAnd so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”\nI don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)","news_type":1},"isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168459285,"gmtCreate":1623981610447,"gmtModify":1703825429766,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168459285","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","kind":"news","pubTimestamp":1623978463,"share":"https://ttm.financial/m/news/1175693382?lang=&edition=fundamental","pubTime":"2021-06-18 09:07","market":"us","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s&nbsp;stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&amp;A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of&nbsp;823M AAC&nbsp;in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only&nbsp;100M AAC in Q2’C17&nbsp;as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics &amp; revenue growth forecast. Data source: S&amp;P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&amp;P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&amp;P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</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>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</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\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168450114,"gmtCreate":1623981597838,"gmtModify":1703825428126,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168450114","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","kind":"news","pubTimestamp":1623978463,"share":"https://ttm.financial/m/news/1175693382?lang=&edition=fundamental","pubTime":"2021-06-18 09:07","market":"us","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s&nbsp;stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&amp;A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of&nbsp;823M AAC&nbsp;in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only&nbsp;100M AAC in Q2’C17&nbsp;as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics &amp; revenue growth forecast. Data source: S&amp;P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&amp;P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&amp;P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</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>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</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\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161564882,"gmtCreate":1623935552146,"gmtModify":1703823882708,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161564882","repostId":"2144493207","repostType":4,"repost":{"id":"2144493207","kind":"news","pubTimestamp":1623934712,"share":"https://ttm.financial/m/news/2144493207?lang=&edition=fundamental","pubTime":"2021-06-17 20:58","market":"us","language":"en","title":"More than 50% chance Federal Reserve hikes rates by end of 2023: Goldman Sachs","url":"https://stock-news.laohu8.com/highlight/detail?id=2144493207","media":"Yahoo Finance","summary":"Let the handicapping amongst those on Wall Street begin on when the Fed may officially kick off an i","content":"<p>Let the handicapping amongst those on Wall Street begin on when the Fed may officially kick off an interest rate hiking cycle.</p>\n<p>\"We have changed our forecast of the timing of the first hike to 2023Q3, from 2024Q1 previously,\" Goldman Sachs Chief Economist Jan Hatzius said in a research note Thursday. \"However, we see the odds of a hike by the end of 2023 as only modestly better than 50% because liftoff could easily be derailed by lower-than-expected inflation or a sharper deceleration in growth as fiscal support fades.\"</p>\n<p>Serving as the gasoline on the interest rate increase debate about to ensue is none other than the Federal Reserve.</p>\n<p>The Fed on Wednesday held interest rates at near zero. But with the economic recovery from the pandemic gaining steam, Fed officials penciled in two rate hikes by the end of 2023. What's more, Fed chief Jerome Powell told reporters after the decision the Fed began discussing the tapering of bond purchases.</p>\n<p>\"We continue to expect the first hint about tapering in August or September, followed by a formal announcement in December that would begin the tapering process at the start of next year, though the risks lean toward an earlier start,\" Hatzius said.</p>\n<p>Equities markets globally — which have been sent skyrocketing this past year amid all the cheap money sloshing around the financial system from the Fed — reacted negatively to the Fed's hawkish musings. Dow futures tanked more than 120 points Thursday morning, gold and copper prices came under pressure and high-flying tech stocks (which have benefited from low rates) such as <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Amazon continued to have a bearish bid.</p>\n<p>\"As we have described elsewhere, we don’t think that tapering the quantitive easing program will create tangible stress to the economy or markets, and in fact think that the biggest risk today would be an overheating paradigm where it’s hard to predict how high input, or wage, costs could get. Markets are likely to adjust accordingly in some areas, such as extremely distorted real rates across much of the yield curve, but we believe the markets will ultimately cheer a return to normalcy,\" explained Rick Rieder, BlackRock's<b>&nbsp;</b>chief investment officer of global fixed income.</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>More than 50% chance Federal Reserve hikes rates by end of 2023: Goldman Sachs</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\">\nMore than 50% chance Federal Reserve hikes rates by end of 2023: Goldman Sachs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 20:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/more-than-50-chance-federal-reserve-hikes-rates-by-end-of-2023-goldman-sachs-121932176.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Let the handicapping amongst those on Wall Street begin on when the Fed may officially kick off an interest rate hiking cycle.\n\"We have changed our forecast of the timing of the first hike to 2023Q3, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/more-than-50-chance-federal-reserve-hikes-rates-by-end-of-2023-goldman-sachs-121932176.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","AMZN":"亚马逊","DOW":"陶氏化学"},"source_url":"https://finance.yahoo.com/news/more-than-50-chance-federal-reserve-hikes-rates-by-end-of-2023-goldman-sachs-121932176.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144493207","content_text":"Let the handicapping amongst those on Wall Street begin on when the Fed may officially kick off an interest rate hiking cycle.\n\"We have changed our forecast of the timing of the first hike to 2023Q3, from 2024Q1 previously,\" Goldman Sachs Chief Economist Jan Hatzius said in a research note Thursday. \"However, we see the odds of a hike by the end of 2023 as only modestly better than 50% because liftoff could easily be derailed by lower-than-expected inflation or a sharper deceleration in growth as fiscal support fades.\"\nServing as the gasoline on the interest rate increase debate about to ensue is none other than the Federal Reserve.\nThe Fed on Wednesday held interest rates at near zero. But with the economic recovery from the pandemic gaining steam, Fed officials penciled in two rate hikes by the end of 2023. What's more, Fed chief Jerome Powell told reporters after the decision the Fed began discussing the tapering of bond purchases.\n\"We continue to expect the first hint about tapering in August or September, followed by a formal announcement in December that would begin the tapering process at the start of next year, though the risks lean toward an earlier start,\" Hatzius said.\nEquities markets globally — which have been sent skyrocketing this past year amid all the cheap money sloshing around the financial system from the Fed — reacted negatively to the Fed's hawkish musings. Dow futures tanked more than 120 points Thursday morning, gold and copper prices came under pressure and high-flying tech stocks (which have benefited from low rates) such as Facebook and Amazon continued to have a bearish bid.\n\"As we have described elsewhere, we don’t think that tapering the quantitive easing program will create tangible stress to the economy or markets, and in fact think that the biggest risk today would be an overheating paradigm where it’s hard to predict how high input, or wage, costs could get. Markets are likely to adjust accordingly in some areas, such as extremely distorted real rates across much of the yield curve, but we believe the markets will ultimately cheer a return to normalcy,\" explained Rick Rieder, BlackRock's chief investment officer of global fixed income.","news_type":1},"isVote":1,"tweetType":1,"viewCount":989,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169898120,"gmtCreate":1623825784660,"gmtModify":1703820632153,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169898120","repostId":"2143375006","repostType":4,"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187034782,"gmtCreate":1623729596546,"gmtModify":1704209788123,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/187034782","repostId":"2143178756","repostType":4,"repost":{"id":"2143178756","kind":"highlight","pubTimestamp":1623719401,"share":"https://ttm.financial/m/news/2143178756?lang=&edition=fundamental","pubTime":"2021-06-15 09:10","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2143178756","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<p>In last week's article on three stocks to avoid, I predicted that <b>GameStop</b> (NYSE:GME), <b>AMC Entertainment Holdings</b>&nbsp;(NYSE:AMC), and <b>Carnival</b>&nbsp;(NYSE:CCL) would have a rough few days.</p>\n<ul>\n <li>GameStop lived up to my prediction on tumbling the day after reporting quarterly results, something that has now happened in 10 of the past 11 reports. The video game retailer plummeted 27% on Thursday, but it moved nicely higher the other four days of the week -- trimming its weeklong decline to just 6%.</li>\n <li>AMC closed out the week with a 3% gain, following the 83% burst higher the week before. The multiplex operator is benefiting from a surge in box office receipts, but they continue to track at less than half of where the industry was two years ago.</li>\n <li>Finally we have Carnival sinking 2% for the week. Cruise stocks have been buoyant ahead of a return to sailing this month, but we're already seeing COVID-19 cases pop up in the limited number of voyages taking place so far.</li>\n</ul>\n<p>Those three stocks averaged a 1.7% decline for the week. The <b>S&amp;P 500</b> rose by 0.4% in that time, so I won. Right now, I see <b>Royal Caribbean</b>&nbsp;(NYSE:RCL), AMC Entertainment Holdings, and <b>Osprey Bitcoin Trust</b> (OTC:OBTC) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/844fa22418b0d6398103c6917b0d7eb3\" tg-width=\"700\" tg-height=\"459\"><span>Image source: Getty Images.</span></p>\n<h2>1. Royal Caribbean</h2>\n<p>This was supposed to be the summer that the cruise industry finally roars back into being, but we're already seeing some choppy waters. Royal Caribbean's <i>Celebrity Millennium</i> became the first major cruise ship available to North American seafarers earlier this month since the industry shut down last March. A few days into the maiden voyage, a pair of passengers contracted the COVID-19 virus.</p>\n<p>There's also an operational standoff in Royal Caribbean's home state of Florida, where the governor is threatening to fine cruise lines for requiring vaccinations of its passengers. It's a Catch-22 for the industry, as the CDC requires at least 95% of a ship's passengers to be fully vaccinated to resume sailings without having to go through a series of costly test cruises.</p>\n<p>Royal Caribbean is my favorite of the three cruise lines as an investment, but it's also held up the best during the lull. With the reopening off to a bumpy start it also makes the stock vulnerable here.</p>\n<h2><b>2. AMC Entertainment</b></h2>\n<p>I'm a fan of a lot that AMC Entertainment has done to get bet better at a time when many of its smaller rivals have been merely walking in place. The country's largest multiplex operator has upped its seat reservations and mobile order tech and carved out a new revenue stream with actively promoted private rentals. The new Investor Connect program is sheer genius, monetizing its newborn attention as a meme stock with millions of retail investors by trying to convert them into customers.</p>\n<p>However, after ballooning its share count north of 500 million -- and the stock still moving higher -- there will eventually be a price to be paid in terms of valuation. AMC Entertainment enters this week with an enterprise value above $35 billion, and sooner or later someone is going to have to pay the tab at the end of the party.</p>\n<p>AMC is doing the right things to stay on top of a declining industry, but it's not enough to justify today's sticker price.&nbsp; This has historically been a low-margin business -- in the low single digits for net margin most years -- despite the markup on concessions. You'll see a year-over-year bounce this year, but we may never return to 2019 as a baseline. Theatrical release windows are being shattered by streaming initiatives. AMC has bloated its debt levels and share count to stay alive, but all of this comes at a price that right now seems too dear to pay.</p>\n<h2>3. Osprey Bitcoin Trust</h2>\n<p>I believe in keeping a small percent of your risk-tolerant portfolio in crypto, but not every vehicle is in the same boat. Osprey Bitcoin Trust offers investors a low-cost way to play the popularity of <b>Bitcoin</b> (CRYPTO:BTC) in a stock exchange-listed vehicle.</p>\n<p>Osprey Bitcoin Trust is a lot smaller than the market's original Bitcoin-owning trust, and it's also trading at an unsustainable premium. Osprey's mark-up to its stake of Bitcoin tokens has been contracting since hitting the market earlier this year, and I was starting to get interested when the premium narrowed to 12% a week ago.</p>\n<p>The mark-up is going the wrong way again. Osprey Bitcoin Trust owns what is currently $12.68 in Bitcoin, but it closed last week at $14.95. Is an 18% premium worth it when the much larger -- but admittedly more high-cost -- <b>Grayscale Bitcoin Trust</b> (OTC:GBTC) is fetching an 11% discount to its net asset value?</p>\n<p>If you're looking for safe stocks, you aren't likely to find them in Royal Caribbean, AMC Entertainment, and Osprey Bitcoin Trust this week.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Avoid This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 09:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/14/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In last week's article on three stocks to avoid, I predicted that GameStop (NYSE:GME), AMC Entertainment Holdings (NYSE:AMC), and Carnival (NYSE:CCL) would have a rough few days.\n\nGameStop lived up to...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/14/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CCL":"嘉年华邮轮","OBTC":"Osprey Bitcoin Trust","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/06/14/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143178756","content_text":"In last week's article on three stocks to avoid, I predicted that GameStop (NYSE:GME), AMC Entertainment Holdings (NYSE:AMC), and Carnival (NYSE:CCL) would have a rough few days.\n\nGameStop lived up to my prediction on tumbling the day after reporting quarterly results, something that has now happened in 10 of the past 11 reports. The video game retailer plummeted 27% on Thursday, but it moved nicely higher the other four days of the week -- trimming its weeklong decline to just 6%.\nAMC closed out the week with a 3% gain, following the 83% burst higher the week before. The multiplex operator is benefiting from a surge in box office receipts, but they continue to track at less than half of where the industry was two years ago.\nFinally we have Carnival sinking 2% for the week. Cruise stocks have been buoyant ahead of a return to sailing this month, but we're already seeing COVID-19 cases pop up in the limited number of voyages taking place so far.\n\nThose three stocks averaged a 1.7% decline for the week. The S&P 500 rose by 0.4% in that time, so I won. Right now, I see Royal Caribbean (NYSE:RCL), AMC Entertainment Holdings, and Osprey Bitcoin Trust (OTC:OBTC) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.\nImage source: Getty Images.\n1. Royal Caribbean\nThis was supposed to be the summer that the cruise industry finally roars back into being, but we're already seeing some choppy waters. Royal Caribbean's Celebrity Millennium became the first major cruise ship available to North American seafarers earlier this month since the industry shut down last March. A few days into the maiden voyage, a pair of passengers contracted the COVID-19 virus.\nThere's also an operational standoff in Royal Caribbean's home state of Florida, where the governor is threatening to fine cruise lines for requiring vaccinations of its passengers. It's a Catch-22 for the industry, as the CDC requires at least 95% of a ship's passengers to be fully vaccinated to resume sailings without having to go through a series of costly test cruises.\nRoyal Caribbean is my favorite of the three cruise lines as an investment, but it's also held up the best during the lull. With the reopening off to a bumpy start it also makes the stock vulnerable here.\n2. AMC Entertainment\nI'm a fan of a lot that AMC Entertainment has done to get bet better at a time when many of its smaller rivals have been merely walking in place. The country's largest multiplex operator has upped its seat reservations and mobile order tech and carved out a new revenue stream with actively promoted private rentals. The new Investor Connect program is sheer genius, monetizing its newborn attention as a meme stock with millions of retail investors by trying to convert them into customers.\nHowever, after ballooning its share count north of 500 million -- and the stock still moving higher -- there will eventually be a price to be paid in terms of valuation. AMC Entertainment enters this week with an enterprise value above $35 billion, and sooner or later someone is going to have to pay the tab at the end of the party.\nAMC is doing the right things to stay on top of a declining industry, but it's not enough to justify today's sticker price.  This has historically been a low-margin business -- in the low single digits for net margin most years -- despite the markup on concessions. You'll see a year-over-year bounce this year, but we may never return to 2019 as a baseline. Theatrical release windows are being shattered by streaming initiatives. AMC has bloated its debt levels and share count to stay alive, but all of this comes at a price that right now seems too dear to pay.\n3. Osprey Bitcoin Trust\nI believe in keeping a small percent of your risk-tolerant portfolio in crypto, but not every vehicle is in the same boat. Osprey Bitcoin Trust offers investors a low-cost way to play the popularity of Bitcoin (CRYPTO:BTC) in a stock exchange-listed vehicle.\nOsprey Bitcoin Trust is a lot smaller than the market's original Bitcoin-owning trust, and it's also trading at an unsustainable premium. Osprey's mark-up to its stake of Bitcoin tokens has been contracting since hitting the market earlier this year, and I was starting to get interested when the premium narrowed to 12% a week ago.\nThe mark-up is going the wrong way again. Osprey Bitcoin Trust owns what is currently $12.68 in Bitcoin, but it closed last week at $14.95. Is an 18% premium worth it when the much larger -- but admittedly more high-cost -- Grayscale Bitcoin Trust (OTC:GBTC) is fetching an 11% discount to its net asset value?\nIf you're looking for safe stocks, you aren't likely to find them in Royal Caribbean, AMC Entertainment, and Osprey Bitcoin Trust this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184368404,"gmtCreate":1623684931108,"gmtModify":1704208726172,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/184368404","repostId":"1117313016","repostType":4,"repost":{"id":"1117313016","kind":"news","pubTimestamp":1623680913,"share":"https://ttm.financial/m/news/1117313016?lang=&edition=fundamental","pubTime":"2021-06-14 22:28","market":"us","language":"en","title":"Corsair Surges Amid Meme Rally; Jim Cramer Warns on High-Level Sellers","url":"https://stock-news.laohu8.com/highlight/detail?id=1117313016","media":"thestreet","summary":"Corsair Gaming  -Get Report shares surged higher Monday as the gaming and content equipment-maker appeared to add its name to the list of meme stock favorites.TheStreet's founder Jim Cramer, however, cautioned that such a steep rise for a fundamentally sound stock like Corsair would likely entice large-scale sellers at these levels.\"Corsair is a company I like very much, because it's basically a souped-up Logitech and Logitech's been a great stock\" Cramer told CNBC's Squawk on The Street program","content":"<p>Corsair Gaming&nbsp;(<b>CRSR</b>) -Get Report&nbsp;shares surged higher Monday as the gaming and content equipment-maker appeared to add its name to the list of meme stock favorites.</p>\n<p>Data from theYolosocks.livewebsite, which tracks real-time mentions on stocks within Reddit's r/wallstreetbets chatroom, indicates that Corsair is the second most-discussed stock among users, up from a previous rank of 11, over the past 24 hours and more than 860 mentions.</p>\n<p>TheStreet's founder Jim Cramer, however, cautioned that such a steep rise for a fundamentally sound stock like Corsair would likely entice large-scale sellers at these levels.</p>\n<p>\"Corsair is a company I like very much, because it's basically a souped-up Logitech and Logitech's been a great stock\" Cramer told CNBC's Squawk on The Street program. \"They have the high-performance equipment you need to dominate in e-sports and I think e-sports are here to stay.\"</p>\n<p>\"I don't know why the 'meme' people have a monopoly on whatever they play with,\" Cramer said.&nbsp;\"No Wall Street analyst could move Corsair this much, so for people who've been waiting for the stock to go to $37 and now it's at $41, those people aren't going to turn buyers. They're sellers.\"</p>\n<p>\"The meme people think they're hurting the hedge funds, when in fact they're a tool to the hedge funds,\" Cramer said.</p>\n<p>Corsair shares were marked 19.3% higher in early trading Monday to change hands at $38.60 each -- after hitting a session high of $42.97 at the opening bell -- in a move that bumps the stock's year-to-date gain to around 12%.</p>\n<p>Last month, Corsair posted first quarter earnings of $80 million on revenues of $529 million thanks to surging growth in its gaming nd peripherals business, which saw sales rise by 132% when compared to last year.</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>Corsair Surges Amid Meme Rally; Jim Cramer Warns on High-Level Sellers</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\">\nCorsair Surges Amid Meme Rally; Jim Cramer Warns on High-Level Sellers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 22:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/corsair-surges-in-latest-meme-rally-jim-cramer-warns-on-sellers><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Corsair Gaming (CRSR) -Get Report shares surged higher Monday as the gaming and content equipment-maker appeared to add its name to the list of meme stock favorites.\nData from theYolosocks.livewebsite...</p>\n\n<a href=\"https://www.thestreet.com/investing/corsair-surges-in-latest-meme-rally-jim-cramer-warns-on-sellers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRSR":"Corsair Gaming, Inc."},"source_url":"https://www.thestreet.com/investing/corsair-surges-in-latest-meme-rally-jim-cramer-warns-on-sellers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117313016","content_text":"Corsair Gaming (CRSR) -Get Report shares surged higher Monday as the gaming and content equipment-maker appeared to add its name to the list of meme stock favorites.\nData from theYolosocks.livewebsite, which tracks real-time mentions on stocks within Reddit's r/wallstreetbets chatroom, indicates that Corsair is the second most-discussed stock among users, up from a previous rank of 11, over the past 24 hours and more than 860 mentions.\nTheStreet's founder Jim Cramer, however, cautioned that such a steep rise for a fundamentally sound stock like Corsair would likely entice large-scale sellers at these levels.\n\"Corsair is a company I like very much, because it's basically a souped-up Logitech and Logitech's been a great stock\" Cramer told CNBC's Squawk on The Street program. \"They have the high-performance equipment you need to dominate in e-sports and I think e-sports are here to stay.\"\n\"I don't know why the 'meme' people have a monopoly on whatever they play with,\" Cramer said. \"No Wall Street analyst could move Corsair this much, so for people who've been waiting for the stock to go to $37 and now it's at $41, those people aren't going to turn buyers. They're sellers.\"\n\"The meme people think they're hurting the hedge funds, when in fact they're a tool to the hedge funds,\" Cramer said.\nCorsair shares were marked 19.3% higher in early trading Monday to change hands at $38.60 each -- after hitting a session high of $42.97 at the opening bell -- in a move that bumps the stock's year-to-date gain to around 12%.\nLast month, Corsair posted first quarter earnings of $80 million on revenues of $529 million thanks to surging growth in its gaming nd peripherals business, which saw sales rise by 132% when compared to last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182429960,"gmtCreate":1623599993550,"gmtModify":1704206831206,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/182429960","repostId":"1148565686","repostType":4,"repost":{"id":"1148565686","kind":"news","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.A":"伯克希尔","BRK.B":"伯克希尔B"},"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":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186953543,"gmtCreate":1623470557282,"gmtModify":1704204554092,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/186953543","repostId":"1118102755","repostType":4,"repost":{"id":"1118102755","kind":"news","pubTimestamp":1623469189,"share":"https://ttm.financial/m/news/1118102755?lang=&edition=fundamental","pubTime":"2021-06-12 11:39","market":"us","language":"en","title":"Don’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare","url":"https://stock-news.laohu8.com/highlight/detail?id=1118102755","media":"MarketWatch","summary":"Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank ","content":"<blockquote>\n <b>Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank reduces its stimulus.</b>\n</blockquote>\n<p>Don’t be fooled by the placid response to the highest inflation rate in over a decade. Inflation will remain elevated enough to shake up the stock market, possibly causing a selloff as much as 15%. You need to prepare now.</p>\n<p>The reason: Persistently high inflation will move the 10-year Treasury yield to 2% and get the Federal Reserve to start tapering its stimulus by the end of the year. Both will rattle the stock market.</p>\n<p>The government said June 10 that the cost of living surged in May and drove the pace of inflation to a 13-year high of 5%.</p>\n<p>What should you do? Probably the opposite of what you are thinking. Before we get to that, here is a look at the two key events for stocks — in the bond market and at the Fed — between today and the end of the year.</p>\n<p><b>Rising yields</b></p>\n<p>Remember how the stock market freaked out earlier this year when the 10-year Treasury yield TMUBMUSD10Y,1.452%&nbsp;moved up to around 1.7%? Well, expect a repeat. Only worse.</p>\n<p>“We suspect that inflation in the U.S. will prove more persistent than investors currently appear to anticipate,” says Capital Economics economist Franziska Palmas, citing the tight labor market and wage growth. Her research group puts the 10-year yield at 2.25% by the end of this year, and 2.5% by the end of 2022.</p>\n<p>That’ll be a big move from the current level of 1.5%. Stock investors tend to panic when interest rates rise a lot.</p>\n<p><b>Fed tapering</b></p>\n<p>Fed Chairman Jerome Powell has downplayed the need for tapering the central bank’s bond purchases to keep yields low. But half of the 12 members of the Federal Open Market Committee&nbsp;(FOMC) have recently said they’re ready to start talking about tapering. The FOMC is the Fed branch that sets monetary policy.</p>\n<p>“It will be increasingly hard for Powell to claim the economy needs to make ‘substantial further progress’ toward achieving maximum employment before the Fed starts talking about talking about tapering,” says Ed Yardeni, author of Predicting the Markets and head of Yardeni Research. Powell has repeatedly said the Fed is awaiting “substantial further progress” in the economy before terminating its stimulus.</p>\n<p>“Given the performance of the economy, it is reasonable to expect they will start to taper before end of year, and a few months later they will start to raise the federal funds rate,” predicts Yardeni.</p>\n<p>He thinks the Fed will announce a decision to start tapering in its July meeting. Tapering refers to a reduction in bond purchases by the Fed. This tightens the money supply to put the brakes on growth. Once purchases go to zero, the Fed moves on to cutting rates.</p>\n<p>As we know, tapering causes a “taper tantrum” in the stock market, meaning a sharp selloff in indices like the S&amp;P 500 SPX,+0.19%,&nbsp;the Dow Jones Industrial Average DJIA,+0.04%&nbsp;and Nasdaq COMP,+0.35%.</p>\n<p><b>How to prepare</b></p>\n<p>When considering how to position for the probable selloff caused by rising bond yields and Fed tightening, the key things to remember is why these things are happening in the first place, and what history tells us about how stocks behave.</p>\n<p>The consensus view is that tapering and rising bond yields kill off economic growth and the bull market in stocks. But this isn’t actually true.</p>\n<p>Yes, initially, tightening can make stocks fall — or churn sideways, at best. But then stocks shake it off and move higher as the bull market continues. This makes sense, because the tightening is happening for good reasons that help companies — strong economic growth. This pushes earnings a lot higher, which resets valuations lower — back down to levels investors feel comfortable with.</p>\n<p>“Tapering is part and parcel of a recovery,” says Leuthold market strategist Jim Paulsen. “It is a response to successful policy and a rebound in the economy. It is a natural part of the bull market that allows the market to go higher. It’s a healthy development.”</p>\n<p>Looking through all the market fireworks that may lie ahead, Paulsen thinks underlying economic growth will push S&amp;P 500 earnings up to $220 by the end of the year. Assuming the S&amp;P 500 is at current levels or a little bit lower, that would bring the index’s price-to-earnings (P/E) ratio down to 18-19 — which is near or below the average since 1990. “That sets up the next leg of the bull market,” he says.</p>\n<p><b>Your five-point game plan</b></p>\n<p><b>1. Do not go to “defensives”</b></p>\n<p>When people see stock market turbulence, the knee-jerk reaction is to go for the “stability” of defensive names like utilities and consumer staples. But that would be a mistake. You want to go to defensives when the economy is slowing or contracting, not when it is strong. Another problem is that defensive names pay yield. So, like bonds, they get hit by rising interest rates, which devalue dividends — and dividend-paying stocks and bonds.</p>\n<p>“The best way to protect yourself is to tie your portfolio to the overheated economy. That is where the best profit growth and profit leverage is,” says Paulsen. “You do not get that with defensives.”</p>\n<p><b>2. Go with companies that benefit from growth</b></p>\n<p>Since rapid economic growth is causing the tapering — and the growth is usually not killed off by tightening — stocks linked to growth typically are the best place to be. This means cyclicals like industrials, basic materials consumer names, small-caps and international stocks. “Slower growth consumer staples and utilities won’t keep up with growth areas of the market,” says Paulsen.</p>\n<p>I first suggested Lindblad Expeditions LIND,+0.17%&nbsp;and Cardlytics CDLX,+4.54%&nbsp;and in my stock letter, Brush Up on Stocks (the link to my site is in the bio, below) in September 2020 and November 2019. I still like and own both even though they are up 48% and 157% — or two to four times the S&amp;P 500. Recent insider buying confirms they are buys and holds around current levels. Plus, both are cyclical names. Cardlytics helps credit card companies understand customer buying patterns for marketing purposes. Lindblad offers specialized cruise adventures to exotic locales. Both benefit from economic growth that powers more consumer spending.</p>\n<p><b>3. Do not get out of stocks</b></p>\n<p>If you think a selloff is coming, it might be tempting to try to get out of stocks right before that, to buy back after the weakness happens. But this is a lot harder than you think. In fact, it is almost impossible to get the timing right, say market veterans.</p>\n<p>“You have to make two smart decisions,” says Yardeni. “You have to get out just before the correction and then you have to decide when to get back in. I don’t know of too many people that can do that consistently.”</p>\n<p>Market timers often get out and don’t get back in, and they miss the next leg up. “You can get yourself into trouble trying to avoid the correction,” says Paulsen.</p>\n<p><b>4. Do not own bonds</b></p>\n<p>Bond yields will be 2% or higher by the end of year. So don’t own bonds, whose prices fall when yields rise — unless you simply plan to hold to maturity to collect the income.</p>\n<p><b>5. Go with financials</b></p>\n<p>Strong economies typically make the yield curve more upward sloping, meaning that long-term interest rates on 10-year Treasuries rise a lot faster than short-term interest rates. Since banks borrow at the short end and lend at the long end, steepening yield curves help them.</p>\n<p>The strong economy will also help banks release reserves and lower provisions for loan losses, both of which can boost earnings, points out Yardeni. Both JPMorgan Chase JPM,-0.07%&nbsp;and Bank of America BAC,+0.41%&nbsp;are up over twice as much as the S&amp;P 500 since I suggested them in my stock letter last August. But they still look attractive. Recent pattern buying by smart insiders among smaller banks confirms the sector is still one to own, despite the strength over the past few quarters.</p>","source":"lsy1603348471595","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>Don’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare </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\">\nDon’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 11:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/dont-be-fooled-inflation-is-a-big-risk-for-stock-market-investors-heres-how-to-prepare-11623421036?siteid=yhoof2><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank reduces its stimulus.\n\nDon’t be fooled by the placid response to the highest inflation rate in over ...</p>\n\n<a href=\"https://www.marketwatch.com/story/dont-be-fooled-inflation-is-a-big-risk-for-stock-market-investors-heres-how-to-prepare-11623421036?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/dont-be-fooled-inflation-is-a-big-risk-for-stock-market-investors-heres-how-to-prepare-11623421036?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118102755","content_text":"Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank reduces its stimulus.\n\nDon’t be fooled by the placid response to the highest inflation rate in over a decade. Inflation will remain elevated enough to shake up the stock market, possibly causing a selloff as much as 15%. You need to prepare now.\nThe reason: Persistently high inflation will move the 10-year Treasury yield to 2% and get the Federal Reserve to start tapering its stimulus by the end of the year. Both will rattle the stock market.\nThe government said June 10 that the cost of living surged in May and drove the pace of inflation to a 13-year high of 5%.\nWhat should you do? Probably the opposite of what you are thinking. Before we get to that, here is a look at the two key events for stocks — in the bond market and at the Fed — between today and the end of the year.\nRising yields\nRemember how the stock market freaked out earlier this year when the 10-year Treasury yield TMUBMUSD10Y,1.452% moved up to around 1.7%? Well, expect a repeat. Only worse.\n“We suspect that inflation in the U.S. will prove more persistent than investors currently appear to anticipate,” says Capital Economics economist Franziska Palmas, citing the tight labor market and wage growth. Her research group puts the 10-year yield at 2.25% by the end of this year, and 2.5% by the end of 2022.\nThat’ll be a big move from the current level of 1.5%. Stock investors tend to panic when interest rates rise a lot.\nFed tapering\nFed Chairman Jerome Powell has downplayed the need for tapering the central bank’s bond purchases to keep yields low. But half of the 12 members of the Federal Open Market Committee (FOMC) have recently said they’re ready to start talking about tapering. The FOMC is the Fed branch that sets monetary policy.\n“It will be increasingly hard for Powell to claim the economy needs to make ‘substantial further progress’ toward achieving maximum employment before the Fed starts talking about talking about tapering,” says Ed Yardeni, author of Predicting the Markets and head of Yardeni Research. Powell has repeatedly said the Fed is awaiting “substantial further progress” in the economy before terminating its stimulus.\n“Given the performance of the economy, it is reasonable to expect they will start to taper before end of year, and a few months later they will start to raise the federal funds rate,” predicts Yardeni.\nHe thinks the Fed will announce a decision to start tapering in its July meeting. Tapering refers to a reduction in bond purchases by the Fed. This tightens the money supply to put the brakes on growth. Once purchases go to zero, the Fed moves on to cutting rates.\nAs we know, tapering causes a “taper tantrum” in the stock market, meaning a sharp selloff in indices like the S&P 500 SPX,+0.19%, the Dow Jones Industrial Average DJIA,+0.04% and Nasdaq COMP,+0.35%.\nHow to prepare\nWhen considering how to position for the probable selloff caused by rising bond yields and Fed tightening, the key things to remember is why these things are happening in the first place, and what history tells us about how stocks behave.\nThe consensus view is that tapering and rising bond yields kill off economic growth and the bull market in stocks. But this isn’t actually true.\nYes, initially, tightening can make stocks fall — or churn sideways, at best. But then stocks shake it off and move higher as the bull market continues. This makes sense, because the tightening is happening for good reasons that help companies — strong economic growth. This pushes earnings a lot higher, which resets valuations lower — back down to levels investors feel comfortable with.\n“Tapering is part and parcel of a recovery,” says Leuthold market strategist Jim Paulsen. “It is a response to successful policy and a rebound in the economy. It is a natural part of the bull market that allows the market to go higher. It’s a healthy development.”\nLooking through all the market fireworks that may lie ahead, Paulsen thinks underlying economic growth will push S&P 500 earnings up to $220 by the end of the year. Assuming the S&P 500 is at current levels or a little bit lower, that would bring the index’s price-to-earnings (P/E) ratio down to 18-19 — which is near or below the average since 1990. “That sets up the next leg of the bull market,” he says.\nYour five-point game plan\n1. Do not go to “defensives”\nWhen people see stock market turbulence, the knee-jerk reaction is to go for the “stability” of defensive names like utilities and consumer staples. But that would be a mistake. You want to go to defensives when the economy is slowing or contracting, not when it is strong. Another problem is that defensive names pay yield. So, like bonds, they get hit by rising interest rates, which devalue dividends — and dividend-paying stocks and bonds.\n“The best way to protect yourself is to tie your portfolio to the overheated economy. That is where the best profit growth and profit leverage is,” says Paulsen. “You do not get that with defensives.”\n2. Go with companies that benefit from growth\nSince rapid economic growth is causing the tapering — and the growth is usually not killed off by tightening — stocks linked to growth typically are the best place to be. This means cyclicals like industrials, basic materials consumer names, small-caps and international stocks. “Slower growth consumer staples and utilities won’t keep up with growth areas of the market,” says Paulsen.\nI first suggested Lindblad Expeditions LIND,+0.17% and Cardlytics CDLX,+4.54% and in my stock letter, Brush Up on Stocks (the link to my site is in the bio, below) in September 2020 and November 2019. I still like and own both even though they are up 48% and 157% — or two to four times the S&P 500. Recent insider buying confirms they are buys and holds around current levels. Plus, both are cyclical names. Cardlytics helps credit card companies understand customer buying patterns for marketing purposes. Lindblad offers specialized cruise adventures to exotic locales. Both benefit from economic growth that powers more consumer spending.\n3. Do not get out of stocks\nIf you think a selloff is coming, it might be tempting to try to get out of stocks right before that, to buy back after the weakness happens. But this is a lot harder than you think. In fact, it is almost impossible to get the timing right, say market veterans.\n“You have to make two smart decisions,” says Yardeni. “You have to get out just before the correction and then you have to decide when to get back in. I don’t know of too many people that can do that consistently.”\nMarket timers often get out and don’t get back in, and they miss the next leg up. “You can get yourself into trouble trying to avoid the correction,” says Paulsen.\n4. Do not own bonds\nBond yields will be 2% or higher by the end of year. So don’t own bonds, whose prices fall when yields rise — unless you simply plan to hold to maturity to collect the income.\n5. Go with financials\nStrong economies typically make the yield curve more upward sloping, meaning that long-term interest rates on 10-year Treasuries rise a lot faster than short-term interest rates. Since banks borrow at the short end and lend at the long end, steepening yield curves help them.\nThe strong economy will also help banks release reserves and lower provisions for loan losses, both of which can boost earnings, points out Yardeni. Both JPMorgan Chase JPM,-0.07% and Bank of America BAC,+0.41% are up over twice as much as the S&P 500 since I suggested them in my stock letter last August. But they still look attractive. Recent pattern buying by smart insiders among smaller banks confirms the sector is still one to own, despite the strength over the past few quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181538788,"gmtCreate":1623400809744,"gmtModify":1704202586057,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/181538788","repostId":"1118350585","repostType":4,"repost":{"id":"1118350585","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623395610,"share":"https://ttm.financial/m/news/1118350585?lang=&edition=fundamental","pubTime":"2021-06-11 15:13","market":"us","language":"en","title":"Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1118350585","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Thursday snapped up more shares inCoinbase Global Inc(N","content":"<p>Cathie Wood-led Ark Investment Management on Thursday snapped up more shares in<b>Coinbase Global Inc</b>(NASDAQ:COIN) on the dip on Thursday.</p>\n<p>Ark Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.</p>\n<p>Wood’s firm deployed the<b>Ark Innovation ETF</b>(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via the<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p>\n<p>Ark's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds&nbsp;about 4.86 million shares, worth about $2.9 billion, in<b>Tesla Inc</b>(NASDAQ:TSLA), its largest holding.</p>\n<p>The investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation company<b>UiPath Inc</b>(NYSE:PATH) on the day shares popped higher.</p>\n<p>Shares of the company closed 7.7% higher at $74.03 on Thursday.</p>\n<p>The investment firm holds the shares of the company in all six active ETFs but deployed only four of them — the<b>Ark Genomic Revolution ETF</b>(BATS:ARKG), the<b>Ark Autonomous Technology &amp; Robotics</b>(BATS:ARKQ)<b>,</b>ARKKand ARKW — to buy the shares on Thursday.</p>\n<p>ARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.</p>\n<p>On a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.</p>\n<p>The products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.</p>\n<p>Some of the other key Ark Invest sells on Thursday include<b>Intercontinental Exchange Inc</b>(NYSE:ICE) and buys include<b>Pure Storage Inc</b>(NYSE:PSTG).</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>Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares</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\">\nCathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-11 15:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Thursday snapped up more shares in<b>Coinbase Global Inc</b>(NASDAQ:COIN) on the dip on Thursday.</p>\n<p>Ark Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.</p>\n<p>Wood’s firm deployed the<b>Ark Innovation ETF</b>(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via the<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p>\n<p>Ark's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds&nbsp;about 4.86 million shares, worth about $2.9 billion, in<b>Tesla Inc</b>(NASDAQ:TSLA), its largest holding.</p>\n<p>The investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation company<b>UiPath Inc</b>(NYSE:PATH) on the day shares popped higher.</p>\n<p>Shares of the company closed 7.7% higher at $74.03 on Thursday.</p>\n<p>The investment firm holds the shares of the company in all six active ETFs but deployed only four of them — the<b>Ark Genomic Revolution ETF</b>(BATS:ARKG), the<b>Ark Autonomous Technology &amp; Robotics</b>(BATS:ARKQ)<b>,</b>ARKKand ARKW — to buy the shares on Thursday.</p>\n<p>ARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.</p>\n<p>On a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.</p>\n<p>The products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.</p>\n<p>Some of the other key Ark Invest sells on Thursday include<b>Intercontinental Exchange Inc</b>(NYSE:ICE) and buys include<b>Pure Storage Inc</b>(NYSE:PSTG).</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath","COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118350585","content_text":"Cathie Wood-led Ark Investment Management on Thursday snapped up more shares inCoinbase Global Inc(NASDAQ:COIN) on the dip on Thursday.\nArk Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.\nWood’s firm deployed theArk Innovation ETF(NYSE:ARKK) to buy the shares of the cryptocurrency exchange. The investment firm also holds the shares of the company via theArk Next Generation Internet ETF(NYSE:ARKW) and theArk Fintech Innovation ETF(NYSE:ARKF).\nArk's COIN stake is currently valued above $1 billion. In comparison, Ark Invest holds about 4.86 million shares, worth about $2.9 billion, inTesla Inc(NASDAQ:TSLA), its largest holding.\nThe investment firm also snapped up 1.08 million shares, estimated to be worth about $80.07 million in New York-based software automation companyUiPath Inc(NYSE:PATH) on the day shares popped higher.\nShares of the company closed 7.7% higher at $74.03 on Thursday.\nThe investment firm holds the shares of the company in all six active ETFs but deployed only four of them — theArk Genomic Revolution ETF(BATS:ARKG), theArk Autonomous Technology & Robotics(BATS:ARKQ),ARKKand ARKW — to buy the shares on Thursday.\nARKG bought 242,492 shares, ARKK bought 604,635 shares, ARKQ bought 87,472 shares, ARKW bought 147,038 shares on Thursday.\nOn a consolidated basis, Ark held 7.38 million shares worth $506.8 million in UiPath, as of Thursday.\nThe products of the Bucharest, Romania-basedsoftware companyare used by organizations to help efficiently automate their various business processes.\nSome of the other key Ark Invest sells on Thursday includeIntercontinental Exchange Inc(NYSE:ICE) and buys includePure Storage Inc(NYSE:PSTG).","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183343158,"gmtCreate":1623310867674,"gmtModify":1704200604579,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/183343158","repostId":"1127298356","repostType":4,"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180547462,"gmtCreate":1623215348356,"gmtModify":1704198544547,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/180547462","repostId":"1108724461","repostType":4,"repost":{"id":"1108724461","kind":"news","pubTimestamp":1623205751,"share":"https://ttm.financial/m/news/1108724461?lang=&edition=fundamental","pubTime":"2021-06-09 10:29","market":"us","language":"en","title":"GameStop Q1 2021 Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=1108724461","media":"seekingalpha","summary":"GameStop (NYSE:GME) is scheduled to announce Q1 earnings results on Wednesday, June 9th, after marke","content":"<ul><li>GameStop (NYSE:GME) is scheduled to announce Q1 earnings results on Wednesday, June 9th, after market close.</li><li>The consensusEPS Estimate is -$0.83(+48.4% Y/Y) and the consensus Revenue Estimate is $1.16B (+13.7% Y/Y).</li><li>Analysts expect Gross profit margin of 25.8% for the quarter.</li><li>Over the last 2 years, GMEhas beaten EPS estimates50% of the time and has beaten revenue estimates 0% of the time.</li><li>Over the last 3 months, EPS estimates have seen 0upward revisionsand 5 downward. Revenue estimates have seen 1 upward revision and 4 downward.</li></ul>","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>GameStop Q1 2021 Earnings Preview</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\">\nGameStop Q1 2021 Earnings Preview\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 10:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3704267-gamestop-q1-2021-earnings-preview><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (NYSE:GME) is scheduled to announce Q1 earnings results on Wednesday, June 9th, after market close.The consensusEPS Estimate is -$0.83(+48.4% Y/Y) and the consensus Revenue Estimate is $1.16B...</p>\n\n<a href=\"https://seekingalpha.com/news/3704267-gamestop-q1-2021-earnings-preview\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://seekingalpha.com/news/3704267-gamestop-q1-2021-earnings-preview","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1108724461","content_text":"GameStop (NYSE:GME) is scheduled to announce Q1 earnings results on Wednesday, June 9th, after market close.The consensusEPS Estimate is -$0.83(+48.4% Y/Y) and the consensus Revenue Estimate is $1.16B (+13.7% Y/Y).Analysts expect Gross profit margin of 25.8% for the quarter.Over the last 2 years, GMEhas beaten EPS estimates50% of the time and has beaten revenue estimates 0% of the time.Over the last 3 months, EPS estimates have seen 0upward revisionsand 5 downward. Revenue estimates have seen 1 upward revision and 4 downward.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115747069,"gmtCreate":1623032839851,"gmtModify":1704194679958,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115747069","repostId":"2141926289","repostType":4,"repost":{"id":"2141926289","kind":"news","pubTimestamp":1623020400,"share":"https://ttm.financial/m/news/2141926289?lang=&edition=fundamental","pubTime":"2021-06-07 07:00","market":"us","language":"en","title":"GameStop earnings, consumer inflation data: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2141926289","media":"Yahoo Finance","summary":"This week is set to be a relatively quiet one for investors in terms of economic data releases and e","content":"<p>This week is set to be a relatively quiet&nbsp;one&nbsp;for investors in terms of economic data releases and earnings reports. Officials from the Federal Reserve will also enter their \"blackout period\" ahead of their June policy-setting meeting.</p><p>Still, new data on consumer price inflation will be of interest, since market participants have been looking for signs that the post-pandemic recovery is generating a surge in prices amid supply chain and labor shortages and booming demand.</p><p>The Labor Department's May consumer price index (CPI) on Thursday will show the latest on these price trends for the average American. Consensus economists are looking for the index to register a 0.4% month-on-month increase after a 0.8% surge in April. And over last year, the headline CPI is expected to jump 4.7%, or by the most since 2008.</p><p>The core CPI, or more closely watched measure excluding volatile food and energy prices, is expected to rise 0.4% month-on-month and 3.4% year-on-year. The latter would mark the greatest jump in nearly three decades.</p><p>\"Thursday’s CPI data will be scrutinized after last month’s report sent up a flare on higher inflation,\" David Donabedian, chief investment officer of CIBC Private Wealth, wrote in an email on Friday. \"While the consensus is for a 0.4% monthly increase, the risk is probably to the upside as bottlenecks and other supply constraints push costs higher.\"</p><p>Last month's greater-than-expected surge in the April consumer price index contributed to a 2% selloff in the S&amp;P 500, with concerns over fast-rising and persistent inflation threatening to dampen the growth potential of longer-duration stocks especially. Market participants have also been monitoring inflation data with an eye to its implications for monetary policy, with the Federal Reserve looking for inflation to average above 2% for a period of time before rolling back some of its crisis-era support.</p><p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-06/7b67e850-c568-11eb-8eff-e0f80513b616\" tg-width=\"3928\" tg-height=\"2619\" referrerpolicy=\"no-referrer\"><span>WASHINGTON, DC - SEPTEMBER 24: Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill on September 24, 2020 in Washington, DC. Powell and U.S. Treasury Secretary Steven Mnuchin are testifying about the CARES Act and the economic effects of the coronavirus pandemic. (Photo by Drew Angerer/Getty Images)Drew Angerer via Getty Images</span></p><p>Most Fed officials and outside economists have suggested the jump in inflation reflected in the data for this spring will be transitory, largely reflecting the result of base effects off last year's pandemic-depressed levels. However, consumers have also begun to increasingly expect higher inflation in the future, with this shift in psychology also contributing in part to the Fed's decision-making. In <a href=\"https://laohu8.com/S/AONE.U\">one</a> example, the University of Michigan's final May consumer sentiment index dipped compared to April in part due to concerns that higher inflation would weaken spending power.</p><p>\"Shifting policy language and a small rate increase could douse inflationary psychology; it would be no surprise to consumers, as two-thirds already expect higher interest rates in the year ahead,\" Richard Curtin, chief economist for the University of Michigan's Surveys of Consumers, said in a press statement at the time.</p><p>Still, inflation and price stability represents just one prong of the Federal Reserve's dual mandate, with the other being achieving maximum employment. To that end, Friday's May jobs report suggested the economy remained a ways off from the Fed's goals, with U.S. employers adding back just 559,000 payrolls versus the 675,000 expected and leaving the economy still 7.6 million jobs short of pre-pandemic levels.</p><p>\"The inflation narrative is secondary for the taper discussion, but it is still a consideration. With inflation pressures rising, the risk assessment has likely shifted a bit,\" Michelle Meyer, Bank of America U.S. economist, wrote in a note on Friday. \"The concern for Fed officials is less about strong core CPI prints and more about the drift higher in inflation expectations coupled with signs of a wage-price push. This can make the temporary gains in inflation more persistent.\"</p><h2>GameStop earnings</h2><p>Some fundamental news will be coming out this week for investors in GameStop (GME), one of the original names to be swept up in the \"meme stock\" frenzy at the beginning of this year.</p><p>GameStop is set to report fiscal first-quarter results Wednesday after market close, offering an update on the company's business as retail investor interest in the stock remains heightened.</p><p>Consensus analysts expect GameStop will post adjusted losses of 59 cents per share for the three months ended in April, with this loss narrowing from the $1.61 per share reported in the same three months of last year. Revenue is expected to grow 14% to $1.17 billion.</p><p>Investors on the Reddit forum r/wallstreetbets pushed up shares of GameStop initially in January, flocking en masse to the heavily shorted stock to force short-sellers to cover their positions and push the stock's price even higher. Shares of GameStop have rallied by more than 1,200% for the year-to-date through Friday's close.</p><p>According to data from S3 Partners' Ihor Dusaniwsky, short interest in GameStop totaled $2.99 billion as of Friday's close, with 11.58 million shares shorted for a 20.3% short percent of float. Short sellers in GameStop were down by $294 million last week, he added.</p><p>But in recent weeks, AMC Entertainment (AMC) — another heavily shorted stock — eclipsed GameStop in terms of online interest and in share price appreciation. Shares of AMC have risen by more than 400% over the past one month, compared to a 56% increase in shares of GameStop. And AMC's market capitalization eclipsed that of GameStop last week, with the former's market value jumping above $30 billion.</p><p>The vast majority of the moves in the meme stocks were driven by social media popularity as opposed to traditional measures of stock valuation such as earnings and expected future cash flows. However, some have asserted that there is a fundamental argument to be made for investing in shares of AMC and GameStop, with the consumer-facing, brick-and-mortar businesses benefiting from the same \"reopening trade\" rotation that has lifted airline, cruise line, leisure stocks and retailers.</p><p>Still, most Wall Street analysts remain on the sidelines. Three analysts gave GameStop's shares a sell recommendation and two offered a hold, according to Bloomberg data last week. Likewise, AMC garnered four Sell ratings and five Holds. No analysts rated either stock as a Buy, with the vast majority of analysts suggesting the stocks' prices had outrun the underlying value of the businesses. And last week, major banks including Bank of America, Citigroup and Jefferies tightened rules over which clients could participate in short selling of the meme stocks, in an attempt to limit exposure to the extreme volatility these securities have witnessed recently, Bloomberg reported.</p><p>But given the lasting explosion in meme stocks this year, many have conceded that social media-driven trading represents a paradigm shift in the market.</p><p>“This is no longer our grandparents’, or for that matter, our parents' stock market,” Zephyr Market Strategist Ryan Nauman told Yahoo Finance. “Now, investment professionals need to start focusing more on looking at alternative data sets, rethinking their investment thesis to consider this growing cohort of retail investors.”</p><p>Others suggested the heightened speculative trading among retail investors may begin to dwindle once more investors are pulled back into workplaces in person and time at home for trading becomes scarcer.</p><p>\"Participation of the retail investor in U.S. equities has very, very closely followed inversely the COVID timeline. So one of my favorite charts is looking at an Apple mobility index for the U.S., you invert it, and you overlay whatever your favorite measure of retail participation is ... and there is a very striking correlation,\" Binky Chadha, Deustche Bank chief global strategist, told Yahoo Finance on Thursday. \"So I would argue that the participation is following this ... and the thesis is that as markets reopen, retail participation is going to come down.\"</p><p>\"We tend to think of it as a flash in the pan as opposed to a change in the trend,\" he concluded.</p><h2>Economic Calendar</h2><ul><li><p><b>Monday: </b>Consumer credit ($20.000 billion expected, $25.841 billion in March)</p></li><li><p><b>Tuesday: </b>NFIB Small Business Optimism, May (100.5 expected, 99.8 in April); Trade balance, April (-$69.0 billion expected, -$74.4 billion in March); JOLTS Job Openings, April (8.123 million in March)</p></li><li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended June 4 (-4.0% during prior week); Wholesale inventories, month-over-month, April final (0.8% expected, 0.8% in prior print)</p></li><li><p><b>Thursday: </b>Consumer price index, month-over-month, May (0.4% expected, 0.8% in April); Consumer price index excluding food and energy, month-over-month, May (0.4% expected, 0.9% in April); Consumer price index, year-over-year, May (4.7% expected, 4.2% in April); Consumer price index excluding food and energy, year-over-year, May (3.4% expected, 3.0% in April); Initial jobless claims, week ended June 5 (372,000 expected, 385,000 during prior week); Continuing claims, week ended May 29 (3.771 million during prior week); Household change in net worth, Q1 ($6.93 trillion in Q4); Monthly budget statement, May (-$225.6 billion in April)</p></li><li><p><b>Friday: </b>University of Michigan sentiment, June preliminary (84.0 expected, 82.9 in May)</p></li></ul><h2>Earnings Calendar</h2><ul><li><p><b>Monday: </b>Coupa Software (COUP), StitchFix (SFIX) after market close</p></li><li><p><b>Tuesday: </b>N/A</p></li><li><p><b>Wednesday: </b>RH (RH), GameStop (GME) after market close</p></li><li><p><b>Thursday: </b>FuelCell Energy (FCEL) before market open; Chewy (CHWY), Dave &amp; Buster's Entertainment (PLAY) after market close</p></li><li><p><b>Friday: </b>N/A</p></li></ul>","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>GameStop earnings, consumer inflation data: What to know this week</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\">\nGameStop earnings, consumer inflation data: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/game-stop-earnings-consumer-inflation-data-what-to-know-this-week-143700353.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week is set to be a relatively quiet one for investors in terms of economic data releases and earnings reports. Officials from the Federal Reserve will also enter their \"blackout period\" ahead of...</p>\n\n<a href=\"https://finance.yahoo.com/news/game-stop-earnings-consumer-inflation-data-what-to-know-this-week-143700353.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","COUP":"Coupa Software Inc","GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/game-stop-earnings-consumer-inflation-data-what-to-know-this-week-143700353.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2141926289","content_text":"This week is set to be a relatively quiet one for investors in terms of economic data releases and earnings reports. Officials from the Federal Reserve will also enter their \"blackout period\" ahead of their June policy-setting meeting.Still, new data on consumer price inflation will be of interest, since market participants have been looking for signs that the post-pandemic recovery is generating a surge in prices amid supply chain and labor shortages and booming demand.The Labor Department's May consumer price index (CPI) on Thursday will show the latest on these price trends for the average American. Consensus economists are looking for the index to register a 0.4% month-on-month increase after a 0.8% surge in April. And over last year, the headline CPI is expected to jump 4.7%, or by the most since 2008.The core CPI, or more closely watched measure excluding volatile food and energy prices, is expected to rise 0.4% month-on-month and 3.4% year-on-year. The latter would mark the greatest jump in nearly three decades.\"Thursday’s CPI data will be scrutinized after last month’s report sent up a flare on higher inflation,\" David Donabedian, chief investment officer of CIBC Private Wealth, wrote in an email on Friday. \"While the consensus is for a 0.4% monthly increase, the risk is probably to the upside as bottlenecks and other supply constraints push costs higher.\"Last month's greater-than-expected surge in the April consumer price index contributed to a 2% selloff in the S&P 500, with concerns over fast-rising and persistent inflation threatening to dampen the growth potential of longer-duration stocks especially. Market participants have also been monitoring inflation data with an eye to its implications for monetary policy, with the Federal Reserve looking for inflation to average above 2% for a period of time before rolling back some of its crisis-era support.WASHINGTON, DC - SEPTEMBER 24: Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill on September 24, 2020 in Washington, DC. Powell and U.S. Treasury Secretary Steven Mnuchin are testifying about the CARES Act and the economic effects of the coronavirus pandemic. (Photo by Drew Angerer/Getty Images)Drew Angerer via Getty ImagesMost Fed officials and outside economists have suggested the jump in inflation reflected in the data for this spring will be transitory, largely reflecting the result of base effects off last year's pandemic-depressed levels. However, consumers have also begun to increasingly expect higher inflation in the future, with this shift in psychology also contributing in part to the Fed's decision-making. In one example, the University of Michigan's final May consumer sentiment index dipped compared to April in part due to concerns that higher inflation would weaken spending power.\"Shifting policy language and a small rate increase could douse inflationary psychology; it would be no surprise to consumers, as two-thirds already expect higher interest rates in the year ahead,\" Richard Curtin, chief economist for the University of Michigan's Surveys of Consumers, said in a press statement at the time.Still, inflation and price stability represents just one prong of the Federal Reserve's dual mandate, with the other being achieving maximum employment. To that end, Friday's May jobs report suggested the economy remained a ways off from the Fed's goals, with U.S. employers adding back just 559,000 payrolls versus the 675,000 expected and leaving the economy still 7.6 million jobs short of pre-pandemic levels.\"The inflation narrative is secondary for the taper discussion, but it is still a consideration. With inflation pressures rising, the risk assessment has likely shifted a bit,\" Michelle Meyer, Bank of America U.S. economist, wrote in a note on Friday. \"The concern for Fed officials is less about strong core CPI prints and more about the drift higher in inflation expectations coupled with signs of a wage-price push. This can make the temporary gains in inflation more persistent.\"GameStop earningsSome fundamental news will be coming out this week for investors in GameStop (GME), one of the original names to be swept up in the \"meme stock\" frenzy at the beginning of this year.GameStop is set to report fiscal first-quarter results Wednesday after market close, offering an update on the company's business as retail investor interest in the stock remains heightened.Consensus analysts expect GameStop will post adjusted losses of 59 cents per share for the three months ended in April, with this loss narrowing from the $1.61 per share reported in the same three months of last year. Revenue is expected to grow 14% to $1.17 billion.Investors on the Reddit forum r/wallstreetbets pushed up shares of GameStop initially in January, flocking en masse to the heavily shorted stock to force short-sellers to cover their positions and push the stock's price even higher. Shares of GameStop have rallied by more than 1,200% for the year-to-date through Friday's close.According to data from S3 Partners' Ihor Dusaniwsky, short interest in GameStop totaled $2.99 billion as of Friday's close, with 11.58 million shares shorted for a 20.3% short percent of float. Short sellers in GameStop were down by $294 million last week, he added.But in recent weeks, AMC Entertainment (AMC) — another heavily shorted stock — eclipsed GameStop in terms of online interest and in share price appreciation. Shares of AMC have risen by more than 400% over the past one month, compared to a 56% increase in shares of GameStop. And AMC's market capitalization eclipsed that of GameStop last week, with the former's market value jumping above $30 billion.The vast majority of the moves in the meme stocks were driven by social media popularity as opposed to traditional measures of stock valuation such as earnings and expected future cash flows. However, some have asserted that there is a fundamental argument to be made for investing in shares of AMC and GameStop, with the consumer-facing, brick-and-mortar businesses benefiting from the same \"reopening trade\" rotation that has lifted airline, cruise line, leisure stocks and retailers.Still, most Wall Street analysts remain on the sidelines. Three analysts gave GameStop's shares a sell recommendation and two offered a hold, according to Bloomberg data last week. Likewise, AMC garnered four Sell ratings and five Holds. No analysts rated either stock as a Buy, with the vast majority of analysts suggesting the stocks' prices had outrun the underlying value of the businesses. And last week, major banks including Bank of America, Citigroup and Jefferies tightened rules over which clients could participate in short selling of the meme stocks, in an attempt to limit exposure to the extreme volatility these securities have witnessed recently, Bloomberg reported.But given the lasting explosion in meme stocks this year, many have conceded that social media-driven trading represents a paradigm shift in the market.“This is no longer our grandparents’, or for that matter, our parents' stock market,” Zephyr Market Strategist Ryan Nauman told Yahoo Finance. “Now, investment professionals need to start focusing more on looking at alternative data sets, rethinking their investment thesis to consider this growing cohort of retail investors.”Others suggested the heightened speculative trading among retail investors may begin to dwindle once more investors are pulled back into workplaces in person and time at home for trading becomes scarcer.\"Participation of the retail investor in U.S. equities has very, very closely followed inversely the COVID timeline. So one of my favorite charts is looking at an Apple mobility index for the U.S., you invert it, and you overlay whatever your favorite measure of retail participation is ... and there is a very striking correlation,\" Binky Chadha, Deustche Bank chief global strategist, told Yahoo Finance on Thursday. \"So I would argue that the participation is following this ... and the thesis is that as markets reopen, retail participation is going to come down.\"\"We tend to think of it as a flash in the pan as opposed to a change in the trend,\" he concluded.Economic CalendarMonday: Consumer credit ($20.000 billion expected, $25.841 billion in March)Tuesday: NFIB Small Business Optimism, May (100.5 expected, 99.8 in April); Trade balance, April (-$69.0 billion expected, -$74.4 billion in March); JOLTS Job Openings, April (8.123 million in March)Wednesday: MBA Mortgage Applications, week ended June 4 (-4.0% during prior week); Wholesale inventories, month-over-month, April final (0.8% expected, 0.8% in prior print)Thursday: Consumer price index, month-over-month, May (0.4% expected, 0.8% in April); Consumer price index excluding food and energy, month-over-month, May (0.4% expected, 0.9% in April); Consumer price index, year-over-year, May (4.7% expected, 4.2% in April); Consumer price index excluding food and energy, year-over-year, May (3.4% expected, 3.0% in April); Initial jobless claims, week ended June 5 (372,000 expected, 385,000 during prior week); Continuing claims, week ended May 29 (3.771 million during prior week); Household change in net worth, Q1 ($6.93 trillion in Q4); Monthly budget statement, May (-$225.6 billion in April)Friday: University of Michigan sentiment, June preliminary (84.0 expected, 82.9 in May)Earnings CalendarMonday: Coupa Software (COUP), StitchFix (SFIX) after market closeTuesday: N/AWednesday: RH (RH), GameStop (GME) after market closeThursday: FuelCell Energy (FCEL) before market open; Chewy (CHWY), Dave & Buster's Entertainment (PLAY) after market closeFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116948193,"gmtCreate":1622771541712,"gmtModify":1704190853628,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116948193","repostId":"1110094207","repostType":4,"repost":{"id":"1110094207","kind":"news","pubTimestamp":1622768378,"share":"https://ttm.financial/m/news/1110094207?lang=&edition=fundamental","pubTime":"2021-06-04 08:59","market":"hk","language":"en","title":"Tesla shares drop on report of steep May sales decline in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1110094207","media":"CNBC","summary":"KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"mont","content":"<div>\n<p>KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.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>Tesla shares drop on report of steep May sales decline in China</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; 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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 shares drop on report of steep May sales decline in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统","TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110094207","content_text":"KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not corroborated that report.\nElon Musk's electric vehicle company has been grappling with recalls and safety investigations in China.\n\nTeslashares dropped more than 5% Thursday after a report said the company’s vehicle orders in China steeply declined last month.\nTheInformation, citing a single source familiar with the data, wrote that Tesla’s “monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.” CNBC has not corroborated that report.\nTesla’s Shanghai factory is supposed to have the capacity to make around 500,000 electric cars a year for deliveries in China and exports to other parts of Asia and Europe.\nElon Musk’s electric vehicle company has been grappling with recalls and safety investigations in China. It is also dealing with apublic relations backlashthere following some high-profile vehicle crashes, price changes and quality complaints from Chinese customers.\nJL Warren Capital CEO Junheng Li said in an e-mail to CNBC that even though Tesla hasn’t spoken about potential impacts of its PR crisis in China, she expects they will be material.\n“We see a definitive material impact on Tesla branding, orders and deliveries for future months, although it’s hard to quantify exactly to what extent the declining demand is driven by concerns on Tesla’s safety features, or rising competition especially from Chinese automakers,” she said.\nLi’s equity research firm focuses on Chinese and U.S. companies with significant exposure in China. Her firm estimated, in a note on June 1, that Tesla orders in China declined by around 30% in May compared to April. While that’s not as dire as the 50% drop reported by The Information, Warren noted that “both are disastrous.”\nChina represented last year the second-largest electric vehicle market in the world, according toIEA research. Tesla’s near-term growth hinges largely on its ability to make and sell cars successfully in China.\nAccording to analysis of Tesla job listings bySnow Bull Capital,the company is stepping up hiring for “Legal & Government Affairs” positions in 2021 across the country. It’s also generally ramping up hiring at its Shanghai plant.\nChinese Tesla rival Nio saw deliveries slide in May as a global semiconductor shortage hit its business. But another competitor, Xpeng, said it delivered 5,686 cars in May representing a 483% year-on-year rise and a 10% increase from the previous month.\nTesla shares are down about 15% year-to-date, and down more than 35% from their intraday high on Jan. 29.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111461730,"gmtCreate":1622693114520,"gmtModify":1704189075627,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/111461730","repostId":"1115876867","repostType":4,"repost":{"id":"1115876867","kind":"news","pubTimestamp":1622678071,"share":"https://ttm.financial/m/news/1115876867?lang=&edition=fundamental","pubTime":"2021-06-03 07:54","market":"us","language":"en","title":"Shares of retail favorite AMC nearly double, company woos investors with free popcorn","url":"https://stock-news.laohu8.com/highlight/detail?id=1115876867","media":"Reuters","summary":"Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on W","content":"<p>Shares of retail investor favorite <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has captivated investors.</p><p>The theater chain operator's shares closed up 95.2% at $62.55, a fresh record. At the close, AMC's market value stood at $28.17 billion, more than ViacomCBS(VIAC.O)and <a href=\"https://laohu8.com/S/K\">Kellogg</a>(K.N), as well as fellow meme-stock <a href=\"https://laohu8.com/S/GME\">GameStop</a>(GME.N).</p><p>In an apparent nod to the retail investors that have hyped the stock in forums such as Reddit’s popular WallStreetBets, AMC CEO Adam Aron on Wednesday announced an initiative that offered even the smallest shareholder a free large popcorn if they signed up to a regular newsletter.</p><p>Among other so-called meme stocks - companies popular with a new generation of social media centric traders on WallStreetBets and other online forums - security software provider <a href=\"https://laohu8.com/S/BBRY\">BlackBerry</a> and headphone maker <a href=\"https://laohu8.com/S/KOSS\">Koss</a> Corp(KOSS.O)rose 31.1% and 68.6%, respectively.</p><p>The massive rise in AMC's shares, which are up about 2,850% from just over $2 at the end of last year, is beginning to resemble the wild ride in shares of <a href=\"https://laohu8.com/S/GME\">GameStop</a> earlier this year.</p><p>\"It's meme stock 2.0.,” said Steve Sosnick, Chief Strategist at <a href=\"https://laohu8.com/S/IBKR\">Interactive Brokers</a>.</p><p>GameStop shares rose more than 1,600% in January, buoyed in part by bearish investors unwinding their bets against the heavily shorted stock in the face of a massive buying surge.</p><p>'GAMMA SQUEEZE'</p><p>Some of the upward price move in AMC is likely being driven by market makers buying up stock to hedge their exposure from selling options, an event known as a “gamma squeeze,” analysts said.</p><p>\"People have learnt what tactics work under these insane circumstances. They are using a very similar play-book,\" Sosnick said.</p><p>Call options that would pay off if the shares topped $73 by Friday were the most heavily trade AMC options on Wednesday, with about 233,000 contracts changing hands.</p><p>With shares approaching that level, market makers who sold these and other similarly bullish contracts were left with no choice but to buy up AMC stock to hedge their own risk, thereby exacerbating the rise in the share price, analysts said.</p><p>\"Market makers are just chasing the stock,\" said Matt Amberson, principal at options analytics firm ORATS.</p><p>Wednesday’s near doubling of the stock price will likely test investors that have shorted AMC. Bearish investors were down $5.2 billion for the year and lost nearly $2.8 billion on Wednesday alone, data from S3 showed.</p><p>\"If you began your short at under $10 and you were sure the stock was overvalued at $10 it makes more sense that it’s over valued at $30 or $70,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, \"at a certain point your losses outweigh your thesis.\"</p><p>The surge in AMC shares comes a day after hedge fund Mudrick Capital Management LP sold a $230 million stake in the company for a profit shortly after acquiring it, saying the stock was overvalued, according to a source.</p><p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> appeared unfazed by the sale, which some analysts characterized as an attempt to cash in on the retail-driven surge in its stock.</p><p>\"There's a retail fanaticism with this stock right now,\" said MKM Partners analyst Eric Handler, who has a sell rating and a $1 price target on AMC stock. \"There's such a disconnect between what the stock's doing and what the fundamentals look like.\"</p><p>On <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> and WallStreetBets, some users exhorted <a href=\"https://laohu8.com/S/AONE\">one</a> another to hold on to their shares of AMC while others cheered on the rally.</p><p>\"$amc let’s go again to $100 and beyond,\" wrote <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> user @Rodolf30592158.</p><p>AMC was the most heavily traded name in options on Wednesday, with 4.6 million contracts traded. About $39 billion worth of AMC shares was traded on Wednesday, by far the most of any stock on Wall Street, per Refinitiv data.</p><p>The company has been among the biggest gainers from a deluge of interest in so-called meme stocks.</p><p>\"The (retail trading) party could go on as long as investors could continue co-acting,\" said Ipek Ozkardeskaya, senior analyst at Swissquote. \"The problem is, the higher the price goes, the higher is the temptation to take profit and walk away.\"</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>Shares of retail favorite AMC nearly double, company woos investors with free popcorn</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\">\nShares of retail favorite AMC nearly double, company woos investors with free popcorn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has ...</p>\n\n<a href=\"https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115876867","content_text":"Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has captivated investors.The theater chain operator's shares closed up 95.2% at $62.55, a fresh record. At the close, AMC's market value stood at $28.17 billion, more than ViacomCBS(VIAC.O)and Kellogg(K.N), as well as fellow meme-stock GameStop(GME.N).In an apparent nod to the retail investors that have hyped the stock in forums such as Reddit’s popular WallStreetBets, AMC CEO Adam Aron on Wednesday announced an initiative that offered even the smallest shareholder a free large popcorn if they signed up to a regular newsletter.Among other so-called meme stocks - companies popular with a new generation of social media centric traders on WallStreetBets and other online forums - security software provider BlackBerry and headphone maker Koss Corp(KOSS.O)rose 31.1% and 68.6%, respectively.The massive rise in AMC's shares, which are up about 2,850% from just over $2 at the end of last year, is beginning to resemble the wild ride in shares of GameStop earlier this year.\"It's meme stock 2.0.,” said Steve Sosnick, Chief Strategist at Interactive Brokers.GameStop shares rose more than 1,600% in January, buoyed in part by bearish investors unwinding their bets against the heavily shorted stock in the face of a massive buying surge.'GAMMA SQUEEZE'Some of the upward price move in AMC is likely being driven by market makers buying up stock to hedge their exposure from selling options, an event known as a “gamma squeeze,” analysts said.\"People have learnt what tactics work under these insane circumstances. They are using a very similar play-book,\" Sosnick said.Call options that would pay off if the shares topped $73 by Friday were the most heavily trade AMC options on Wednesday, with about 233,000 contracts changing hands.With shares approaching that level, market makers who sold these and other similarly bullish contracts were left with no choice but to buy up AMC stock to hedge their own risk, thereby exacerbating the rise in the share price, analysts said.\"Market makers are just chasing the stock,\" said Matt Amberson, principal at options analytics firm ORATS.Wednesday’s near doubling of the stock price will likely test investors that have shorted AMC. Bearish investors were down $5.2 billion for the year and lost nearly $2.8 billion on Wednesday alone, data from S3 showed.\"If you began your short at under $10 and you were sure the stock was overvalued at $10 it makes more sense that it’s over valued at $30 or $70,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, \"at a certain point your losses outweigh your thesis.\"The surge in AMC shares comes a day after hedge fund Mudrick Capital Management LP sold a $230 million stake in the company for a profit shortly after acquiring it, saying the stock was overvalued, according to a source.Investors appeared unfazed by the sale, which some analysts characterized as an attempt to cash in on the retail-driven surge in its stock.\"There's a retail fanaticism with this stock right now,\" said MKM Partners analyst Eric Handler, who has a sell rating and a $1 price target on AMC stock. \"There's such a disconnect between what the stock's doing and what the fundamentals look like.\"On Twitter and WallStreetBets, some users exhorted one another to hold on to their shares of AMC while others cheered on the rally.\"$amc let’s go again to $100 and beyond,\" wrote Twitter user @Rodolf30592158.AMC was the most heavily traded name in options on Wednesday, with 4.6 million contracts traded. About $39 billion worth of AMC shares was traded on Wednesday, by far the most of any stock on Wall Street, per Refinitiv data.The company has been among the biggest gainers from a deluge of interest in so-called meme stocks.\"The (retail trading) party could go on as long as investors could continue co-acting,\" said Ipek Ozkardeskaya, senior analyst at Swissquote. \"The problem is, the higher the price goes, the higher is the temptation to take profit and walk away.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":187034782,"gmtCreate":1623729596546,"gmtModify":1704209788123,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/187034782","repostId":"2143178756","repostType":4,"repost":{"id":"2143178756","kind":"highlight","pubTimestamp":1623719401,"share":"https://ttm.financial/m/news/2143178756?lang=&edition=fundamental","pubTime":"2021-06-15 09:10","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2143178756","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<p>In last week's article on three stocks to avoid, I predicted that <b>GameStop</b> (NYSE:GME), <b>AMC Entertainment Holdings</b>&nbsp;(NYSE:AMC), and <b>Carnival</b>&nbsp;(NYSE:CCL) would have a rough few days.</p>\n<ul>\n <li>GameStop lived up to my prediction on tumbling the day after reporting quarterly results, something that has now happened in 10 of the past 11 reports. The video game retailer plummeted 27% on Thursday, but it moved nicely higher the other four days of the week -- trimming its weeklong decline to just 6%.</li>\n <li>AMC closed out the week with a 3% gain, following the 83% burst higher the week before. The multiplex operator is benefiting from a surge in box office receipts, but they continue to track at less than half of where the industry was two years ago.</li>\n <li>Finally we have Carnival sinking 2% for the week. Cruise stocks have been buoyant ahead of a return to sailing this month, but we're already seeing COVID-19 cases pop up in the limited number of voyages taking place so far.</li>\n</ul>\n<p>Those three stocks averaged a 1.7% decline for the week. The <b>S&amp;P 500</b> rose by 0.4% in that time, so I won. Right now, I see <b>Royal Caribbean</b>&nbsp;(NYSE:RCL), AMC Entertainment Holdings, and <b>Osprey Bitcoin Trust</b> (OTC:OBTC) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/844fa22418b0d6398103c6917b0d7eb3\" tg-width=\"700\" tg-height=\"459\"><span>Image source: Getty Images.</span></p>\n<h2>1. Royal Caribbean</h2>\n<p>This was supposed to be the summer that the cruise industry finally roars back into being, but we're already seeing some choppy waters. Royal Caribbean's <i>Celebrity Millennium</i> became the first major cruise ship available to North American seafarers earlier this month since the industry shut down last March. A few days into the maiden voyage, a pair of passengers contracted the COVID-19 virus.</p>\n<p>There's also an operational standoff in Royal Caribbean's home state of Florida, where the governor is threatening to fine cruise lines for requiring vaccinations of its passengers. It's a Catch-22 for the industry, as the CDC requires at least 95% of a ship's passengers to be fully vaccinated to resume sailings without having to go through a series of costly test cruises.</p>\n<p>Royal Caribbean is my favorite of the three cruise lines as an investment, but it's also held up the best during the lull. With the reopening off to a bumpy start it also makes the stock vulnerable here.</p>\n<h2><b>2. AMC Entertainment</b></h2>\n<p>I'm a fan of a lot that AMC Entertainment has done to get bet better at a time when many of its smaller rivals have been merely walking in place. The country's largest multiplex operator has upped its seat reservations and mobile order tech and carved out a new revenue stream with actively promoted private rentals. The new Investor Connect program is sheer genius, monetizing its newborn attention as a meme stock with millions of retail investors by trying to convert them into customers.</p>\n<p>However, after ballooning its share count north of 500 million -- and the stock still moving higher -- there will eventually be a price to be paid in terms of valuation. AMC Entertainment enters this week with an enterprise value above $35 billion, and sooner or later someone is going to have to pay the tab at the end of the party.</p>\n<p>AMC is doing the right things to stay on top of a declining industry, but it's not enough to justify today's sticker price.&nbsp; This has historically been a low-margin business -- in the low single digits for net margin most years -- despite the markup on concessions. You'll see a year-over-year bounce this year, but we may never return to 2019 as a baseline. Theatrical release windows are being shattered by streaming initiatives. AMC has bloated its debt levels and share count to stay alive, but all of this comes at a price that right now seems too dear to pay.</p>\n<h2>3. Osprey Bitcoin Trust</h2>\n<p>I believe in keeping a small percent of your risk-tolerant portfolio in crypto, but not every vehicle is in the same boat. Osprey Bitcoin Trust offers investors a low-cost way to play the popularity of <b>Bitcoin</b> (CRYPTO:BTC) in a stock exchange-listed vehicle.</p>\n<p>Osprey Bitcoin Trust is a lot smaller than the market's original Bitcoin-owning trust, and it's also trading at an unsustainable premium. Osprey's mark-up to its stake of Bitcoin tokens has been contracting since hitting the market earlier this year, and I was starting to get interested when the premium narrowed to 12% a week ago.</p>\n<p>The mark-up is going the wrong way again. Osprey Bitcoin Trust owns what is currently $12.68 in Bitcoin, but it closed last week at $14.95. Is an 18% premium worth it when the much larger -- but admittedly more high-cost -- <b>Grayscale Bitcoin Trust</b> (OTC:GBTC) is fetching an 11% discount to its net asset value?</p>\n<p>If you're looking for safe stocks, you aren't likely to find them in Royal Caribbean, AMC Entertainment, and Osprey Bitcoin Trust this week.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Avoid This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 09:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/14/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In last week's article on three stocks to avoid, I predicted that GameStop (NYSE:GME), AMC Entertainment Holdings (NYSE:AMC), and Carnival (NYSE:CCL) would have a rough few days.\n\nGameStop lived up to...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/14/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CCL":"嘉年华邮轮","OBTC":"Osprey Bitcoin Trust","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/06/14/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143178756","content_text":"In last week's article on three stocks to avoid, I predicted that GameStop (NYSE:GME), AMC Entertainment Holdings (NYSE:AMC), and Carnival (NYSE:CCL) would have a rough few days.\n\nGameStop lived up to my prediction on tumbling the day after reporting quarterly results, something that has now happened in 10 of the past 11 reports. The video game retailer plummeted 27% on Thursday, but it moved nicely higher the other four days of the week -- trimming its weeklong decline to just 6%.\nAMC closed out the week with a 3% gain, following the 83% burst higher the week before. The multiplex operator is benefiting from a surge in box office receipts, but they continue to track at less than half of where the industry was two years ago.\nFinally we have Carnival sinking 2% for the week. Cruise stocks have been buoyant ahead of a return to sailing this month, but we're already seeing COVID-19 cases pop up in the limited number of voyages taking place so far.\n\nThose three stocks averaged a 1.7% decline for the week. The S&P 500 rose by 0.4% in that time, so I won. Right now, I see Royal Caribbean (NYSE:RCL), AMC Entertainment Holdings, and Osprey Bitcoin Trust (OTC:OBTC) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.\nImage source: Getty Images.\n1. Royal Caribbean\nThis was supposed to be the summer that the cruise industry finally roars back into being, but we're already seeing some choppy waters. Royal Caribbean's Celebrity Millennium became the first major cruise ship available to North American seafarers earlier this month since the industry shut down last March. A few days into the maiden voyage, a pair of passengers contracted the COVID-19 virus.\nThere's also an operational standoff in Royal Caribbean's home state of Florida, where the governor is threatening to fine cruise lines for requiring vaccinations of its passengers. It's a Catch-22 for the industry, as the CDC requires at least 95% of a ship's passengers to be fully vaccinated to resume sailings without having to go through a series of costly test cruises.\nRoyal Caribbean is my favorite of the three cruise lines as an investment, but it's also held up the best during the lull. With the reopening off to a bumpy start it also makes the stock vulnerable here.\n2. AMC Entertainment\nI'm a fan of a lot that AMC Entertainment has done to get bet better at a time when many of its smaller rivals have been merely walking in place. The country's largest multiplex operator has upped its seat reservations and mobile order tech and carved out a new revenue stream with actively promoted private rentals. The new Investor Connect program is sheer genius, monetizing its newborn attention as a meme stock with millions of retail investors by trying to convert them into customers.\nHowever, after ballooning its share count north of 500 million -- and the stock still moving higher -- there will eventually be a price to be paid in terms of valuation. AMC Entertainment enters this week with an enterprise value above $35 billion, and sooner or later someone is going to have to pay the tab at the end of the party.\nAMC is doing the right things to stay on top of a declining industry, but it's not enough to justify today's sticker price.  This has historically been a low-margin business -- in the low single digits for net margin most years -- despite the markup on concessions. You'll see a year-over-year bounce this year, but we may never return to 2019 as a baseline. Theatrical release windows are being shattered by streaming initiatives. AMC has bloated its debt levels and share count to stay alive, but all of this comes at a price that right now seems too dear to pay.\n3. Osprey Bitcoin Trust\nI believe in keeping a small percent of your risk-tolerant portfolio in crypto, but not every vehicle is in the same boat. Osprey Bitcoin Trust offers investors a low-cost way to play the popularity of Bitcoin (CRYPTO:BTC) in a stock exchange-listed vehicle.\nOsprey Bitcoin Trust is a lot smaller than the market's original Bitcoin-owning trust, and it's also trading at an unsustainable premium. Osprey's mark-up to its stake of Bitcoin tokens has been contracting since hitting the market earlier this year, and I was starting to get interested when the premium narrowed to 12% a week ago.\nThe mark-up is going the wrong way again. Osprey Bitcoin Trust owns what is currently $12.68 in Bitcoin, but it closed last week at $14.95. Is an 18% premium worth it when the much larger -- but admittedly more high-cost -- Grayscale Bitcoin Trust (OTC:GBTC) is fetching an 11% discount to its net asset value?\nIf you're looking for safe stocks, you aren't likely to find them in Royal Caribbean, AMC Entertainment, and Osprey Bitcoin Trust this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186953543,"gmtCreate":1623470557282,"gmtModify":1704204554092,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/186953543","repostId":"1118102755","repostType":4,"repost":{"id":"1118102755","kind":"news","pubTimestamp":1623469189,"share":"https://ttm.financial/m/news/1118102755?lang=&edition=fundamental","pubTime":"2021-06-12 11:39","market":"us","language":"en","title":"Don’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare","url":"https://stock-news.laohu8.com/highlight/detail?id=1118102755","media":"MarketWatch","summary":"Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank ","content":"<blockquote>\n <b>Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank reduces its stimulus.</b>\n</blockquote>\n<p>Don’t be fooled by the placid response to the highest inflation rate in over a decade. Inflation will remain elevated enough to shake up the stock market, possibly causing a selloff as much as 15%. You need to prepare now.</p>\n<p>The reason: Persistently high inflation will move the 10-year Treasury yield to 2% and get the Federal Reserve to start tapering its stimulus by the end of the year. Both will rattle the stock market.</p>\n<p>The government said June 10 that the cost of living surged in May and drove the pace of inflation to a 13-year high of 5%.</p>\n<p>What should you do? Probably the opposite of what you are thinking. Before we get to that, here is a look at the two key events for stocks — in the bond market and at the Fed — between today and the end of the year.</p>\n<p><b>Rising yields</b></p>\n<p>Remember how the stock market freaked out earlier this year when the 10-year Treasury yield TMUBMUSD10Y,1.452%&nbsp;moved up to around 1.7%? Well, expect a repeat. Only worse.</p>\n<p>“We suspect that inflation in the U.S. will prove more persistent than investors currently appear to anticipate,” says Capital Economics economist Franziska Palmas, citing the tight labor market and wage growth. Her research group puts the 10-year yield at 2.25% by the end of this year, and 2.5% by the end of 2022.</p>\n<p>That’ll be a big move from the current level of 1.5%. Stock investors tend to panic when interest rates rise a lot.</p>\n<p><b>Fed tapering</b></p>\n<p>Fed Chairman Jerome Powell has downplayed the need for tapering the central bank’s bond purchases to keep yields low. But half of the 12 members of the Federal Open Market Committee&nbsp;(FOMC) have recently said they’re ready to start talking about tapering. The FOMC is the Fed branch that sets monetary policy.</p>\n<p>“It will be increasingly hard for Powell to claim the economy needs to make ‘substantial further progress’ toward achieving maximum employment before the Fed starts talking about talking about tapering,” says Ed Yardeni, author of Predicting the Markets and head of Yardeni Research. Powell has repeatedly said the Fed is awaiting “substantial further progress” in the economy before terminating its stimulus.</p>\n<p>“Given the performance of the economy, it is reasonable to expect they will start to taper before end of year, and a few months later they will start to raise the federal funds rate,” predicts Yardeni.</p>\n<p>He thinks the Fed will announce a decision to start tapering in its July meeting. Tapering refers to a reduction in bond purchases by the Fed. This tightens the money supply to put the brakes on growth. Once purchases go to zero, the Fed moves on to cutting rates.</p>\n<p>As we know, tapering causes a “taper tantrum” in the stock market, meaning a sharp selloff in indices like the S&amp;P 500 SPX,+0.19%,&nbsp;the Dow Jones Industrial Average DJIA,+0.04%&nbsp;and Nasdaq COMP,+0.35%.</p>\n<p><b>How to prepare</b></p>\n<p>When considering how to position for the probable selloff caused by rising bond yields and Fed tightening, the key things to remember is why these things are happening in the first place, and what history tells us about how stocks behave.</p>\n<p>The consensus view is that tapering and rising bond yields kill off economic growth and the bull market in stocks. But this isn’t actually true.</p>\n<p>Yes, initially, tightening can make stocks fall — or churn sideways, at best. But then stocks shake it off and move higher as the bull market continues. This makes sense, because the tightening is happening for good reasons that help companies — strong economic growth. This pushes earnings a lot higher, which resets valuations lower — back down to levels investors feel comfortable with.</p>\n<p>“Tapering is part and parcel of a recovery,” says Leuthold market strategist Jim Paulsen. “It is a response to successful policy and a rebound in the economy. It is a natural part of the bull market that allows the market to go higher. It’s a healthy development.”</p>\n<p>Looking through all the market fireworks that may lie ahead, Paulsen thinks underlying economic growth will push S&amp;P 500 earnings up to $220 by the end of the year. Assuming the S&amp;P 500 is at current levels or a little bit lower, that would bring the index’s price-to-earnings (P/E) ratio down to 18-19 — which is near or below the average since 1990. “That sets up the next leg of the bull market,” he says.</p>\n<p><b>Your five-point game plan</b></p>\n<p><b>1. Do not go to “defensives”</b></p>\n<p>When people see stock market turbulence, the knee-jerk reaction is to go for the “stability” of defensive names like utilities and consumer staples. But that would be a mistake. You want to go to defensives when the economy is slowing or contracting, not when it is strong. Another problem is that defensive names pay yield. So, like bonds, they get hit by rising interest rates, which devalue dividends — and dividend-paying stocks and bonds.</p>\n<p>“The best way to protect yourself is to tie your portfolio to the overheated economy. That is where the best profit growth and profit leverage is,” says Paulsen. “You do not get that with defensives.”</p>\n<p><b>2. Go with companies that benefit from growth</b></p>\n<p>Since rapid economic growth is causing the tapering — and the growth is usually not killed off by tightening — stocks linked to growth typically are the best place to be. This means cyclicals like industrials, basic materials consumer names, small-caps and international stocks. “Slower growth consumer staples and utilities won’t keep up with growth areas of the market,” says Paulsen.</p>\n<p>I first suggested Lindblad Expeditions LIND,+0.17%&nbsp;and Cardlytics CDLX,+4.54%&nbsp;and in my stock letter, Brush Up on Stocks (the link to my site is in the bio, below) in September 2020 and November 2019. I still like and own both even though they are up 48% and 157% — or two to four times the S&amp;P 500. Recent insider buying confirms they are buys and holds around current levels. Plus, both are cyclical names. Cardlytics helps credit card companies understand customer buying patterns for marketing purposes. Lindblad offers specialized cruise adventures to exotic locales. Both benefit from economic growth that powers more consumer spending.</p>\n<p><b>3. Do not get out of stocks</b></p>\n<p>If you think a selloff is coming, it might be tempting to try to get out of stocks right before that, to buy back after the weakness happens. But this is a lot harder than you think. In fact, it is almost impossible to get the timing right, say market veterans.</p>\n<p>“You have to make two smart decisions,” says Yardeni. “You have to get out just before the correction and then you have to decide when to get back in. I don’t know of too many people that can do that consistently.”</p>\n<p>Market timers often get out and don’t get back in, and they miss the next leg up. “You can get yourself into trouble trying to avoid the correction,” says Paulsen.</p>\n<p><b>4. Do not own bonds</b></p>\n<p>Bond yields will be 2% or higher by the end of year. So don’t own bonds, whose prices fall when yields rise — unless you simply plan to hold to maturity to collect the income.</p>\n<p><b>5. Go with financials</b></p>\n<p>Strong economies typically make the yield curve more upward sloping, meaning that long-term interest rates on 10-year Treasuries rise a lot faster than short-term interest rates. Since banks borrow at the short end and lend at the long end, steepening yield curves help them.</p>\n<p>The strong economy will also help banks release reserves and lower provisions for loan losses, both of which can boost earnings, points out Yardeni. Both JPMorgan Chase JPM,-0.07%&nbsp;and Bank of America BAC,+0.41%&nbsp;are up over twice as much as the S&amp;P 500 since I suggested them in my stock letter last August. But they still look attractive. Recent pattern buying by smart insiders among smaller banks confirms the sector is still one to own, despite the strength over the past few quarters.</p>","source":"lsy1603348471595","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>Don’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare </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\">\nDon’t be fooled — inflation is a big risk for stock market investors. Here’s how to prepare \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 11:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/dont-be-fooled-inflation-is-a-big-risk-for-stock-market-investors-heres-how-to-prepare-11623421036?siteid=yhoof2><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank reduces its stimulus.\n\nDon’t be fooled by the placid response to the highest inflation rate in over ...</p>\n\n<a href=\"https://www.marketwatch.com/story/dont-be-fooled-inflation-is-a-big-risk-for-stock-market-investors-heres-how-to-prepare-11623421036?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/dont-be-fooled-inflation-is-a-big-risk-for-stock-market-investors-heres-how-to-prepare-11623421036?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118102755","content_text":"Michael Brush advises on how you can avoid making mistakes as bond yields rise and the central bank reduces its stimulus.\n\nDon’t be fooled by the placid response to the highest inflation rate in over a decade. Inflation will remain elevated enough to shake up the stock market, possibly causing a selloff as much as 15%. You need to prepare now.\nThe reason: Persistently high inflation will move the 10-year Treasury yield to 2% and get the Federal Reserve to start tapering its stimulus by the end of the year. Both will rattle the stock market.\nThe government said June 10 that the cost of living surged in May and drove the pace of inflation to a 13-year high of 5%.\nWhat should you do? Probably the opposite of what you are thinking. Before we get to that, here is a look at the two key events for stocks — in the bond market and at the Fed — between today and the end of the year.\nRising yields\nRemember how the stock market freaked out earlier this year when the 10-year Treasury yield TMUBMUSD10Y,1.452% moved up to around 1.7%? Well, expect a repeat. Only worse.\n“We suspect that inflation in the U.S. will prove more persistent than investors currently appear to anticipate,” says Capital Economics economist Franziska Palmas, citing the tight labor market and wage growth. Her research group puts the 10-year yield at 2.25% by the end of this year, and 2.5% by the end of 2022.\nThat’ll be a big move from the current level of 1.5%. Stock investors tend to panic when interest rates rise a lot.\nFed tapering\nFed Chairman Jerome Powell has downplayed the need for tapering the central bank’s bond purchases to keep yields low. But half of the 12 members of the Federal Open Market Committee (FOMC) have recently said they’re ready to start talking about tapering. The FOMC is the Fed branch that sets monetary policy.\n“It will be increasingly hard for Powell to claim the economy needs to make ‘substantial further progress’ toward achieving maximum employment before the Fed starts talking about talking about tapering,” says Ed Yardeni, author of Predicting the Markets and head of Yardeni Research. Powell has repeatedly said the Fed is awaiting “substantial further progress” in the economy before terminating its stimulus.\n“Given the performance of the economy, it is reasonable to expect they will start to taper before end of year, and a few months later they will start to raise the federal funds rate,” predicts Yardeni.\nHe thinks the Fed will announce a decision to start tapering in its July meeting. Tapering refers to a reduction in bond purchases by the Fed. This tightens the money supply to put the brakes on growth. Once purchases go to zero, the Fed moves on to cutting rates.\nAs we know, tapering causes a “taper tantrum” in the stock market, meaning a sharp selloff in indices like the S&P 500 SPX,+0.19%, the Dow Jones Industrial Average DJIA,+0.04% and Nasdaq COMP,+0.35%.\nHow to prepare\nWhen considering how to position for the probable selloff caused by rising bond yields and Fed tightening, the key things to remember is why these things are happening in the first place, and what history tells us about how stocks behave.\nThe consensus view is that tapering and rising bond yields kill off economic growth and the bull market in stocks. But this isn’t actually true.\nYes, initially, tightening can make stocks fall — or churn sideways, at best. But then stocks shake it off and move higher as the bull market continues. This makes sense, because the tightening is happening for good reasons that help companies — strong economic growth. This pushes earnings a lot higher, which resets valuations lower — back down to levels investors feel comfortable with.\n“Tapering is part and parcel of a recovery,” says Leuthold market strategist Jim Paulsen. “It is a response to successful policy and a rebound in the economy. It is a natural part of the bull market that allows the market to go higher. It’s a healthy development.”\nLooking through all the market fireworks that may lie ahead, Paulsen thinks underlying economic growth will push S&P 500 earnings up to $220 by the end of the year. Assuming the S&P 500 is at current levels or a little bit lower, that would bring the index’s price-to-earnings (P/E) ratio down to 18-19 — which is near or below the average since 1990. “That sets up the next leg of the bull market,” he says.\nYour five-point game plan\n1. Do not go to “defensives”\nWhen people see stock market turbulence, the knee-jerk reaction is to go for the “stability” of defensive names like utilities and consumer staples. But that would be a mistake. You want to go to defensives when the economy is slowing or contracting, not when it is strong. Another problem is that defensive names pay yield. So, like bonds, they get hit by rising interest rates, which devalue dividends — and dividend-paying stocks and bonds.\n“The best way to protect yourself is to tie your portfolio to the overheated economy. That is where the best profit growth and profit leverage is,” says Paulsen. “You do not get that with defensives.”\n2. Go with companies that benefit from growth\nSince rapid economic growth is causing the tapering — and the growth is usually not killed off by tightening — stocks linked to growth typically are the best place to be. This means cyclicals like industrials, basic materials consumer names, small-caps and international stocks. “Slower growth consumer staples and utilities won’t keep up with growth areas of the market,” says Paulsen.\nI first suggested Lindblad Expeditions LIND,+0.17% and Cardlytics CDLX,+4.54% and in my stock letter, Brush Up on Stocks (the link to my site is in the bio, below) in September 2020 and November 2019. I still like and own both even though they are up 48% and 157% — or two to four times the S&P 500. Recent insider buying confirms they are buys and holds around current levels. Plus, both are cyclical names. Cardlytics helps credit card companies understand customer buying patterns for marketing purposes. Lindblad offers specialized cruise adventures to exotic locales. Both benefit from economic growth that powers more consumer spending.\n3. Do not get out of stocks\nIf you think a selloff is coming, it might be tempting to try to get out of stocks right before that, to buy back after the weakness happens. But this is a lot harder than you think. In fact, it is almost impossible to get the timing right, say market veterans.\n“You have to make two smart decisions,” says Yardeni. “You have to get out just before the correction and then you have to decide when to get back in. I don’t know of too many people that can do that consistently.”\nMarket timers often get out and don’t get back in, and they miss the next leg up. “You can get yourself into trouble trying to avoid the correction,” says Paulsen.\n4. Do not own bonds\nBond yields will be 2% or higher by the end of year. So don’t own bonds, whose prices fall when yields rise — unless you simply plan to hold to maturity to collect the income.\n5. Go with financials\nStrong economies typically make the yield curve more upward sloping, meaning that long-term interest rates on 10-year Treasuries rise a lot faster than short-term interest rates. Since banks borrow at the short end and lend at the long end, steepening yield curves help them.\nThe strong economy will also help banks release reserves and lower provisions for loan losses, both of which can boost earnings, points out Yardeni. Both JPMorgan Chase JPM,-0.07% and Bank of America BAC,+0.41% are up over twice as much as the S&P 500 since I suggested them in my stock letter last August. But they still look attractive. Recent pattern buying by smart insiders among smaller banks confirms the sector is still one to own, despite the strength over the past few quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113228355,"gmtCreate":1622621291477,"gmtModify":1704187471729,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/113228355","repostId":"1182886492","repostType":4,"repost":{"id":"1182886492","kind":"news","pubTimestamp":1622604857,"share":"https://ttm.financial/m/news/1182886492?lang=&edition=fundamental","pubTime":"2021-06-02 11:34","market":"hk","language":"en","title":"30 Top Stock Picks That Billionaires Love","url":"https://stock-news.laohu8.com/highlight/detail?id=1182886492","media":"Nasdaq","summary":"It's always interesting to see what billionaire investors are doing with their money. Sure, you can't match their gains simply by copying every single one of their stock picks, but it can still be helpful  to know what they've been up to.Consider that the billionaires, hedge funds and big-time advisories listed below have a great deal at stake. And their resources for research, as well as their intimate connections to insiders and others, can give them unique insight into their stock picks.Study","content":"<p>It's always interesting to see what billionaire investors are doing with their money. Sure, you can't match their gains simply by copying every single one of their stock picks, but it can still be helpful (and fruitful) to know what they've been up to.</p><p>Consider that the billionaires, hedge funds and big-time advisories listed below have a great deal at stake. And their resources for research, as well as their intimate connections to insiders and others, can give them unique insight into their stock picks.</p><p>Studying which stocks they're chasing with their capital (or whichstocks the billionaires are selling off, for that matter) can be an edifying exercise for retail investors.</p><p>After all, there's a reason the rich get richer.</p><p><b>Here are 30 of the most recent top stock picks from the billionaire class.</b>In each case, at least one billionaire – be it a person, hedge fund or advisory – has a substantial stake and/or added to its holdings. In most cases, these stocks are owned by multiple billionaire investors and billionaire investor firms. And while several of these investments are popular blue chips, others keep a much lower profile.</p><p>Either way, the smart money isn't kidding around when it comes to these stock picks.</p><p>Prices are as of May 28. Data is courtesy of S&amp;P Global Market Intelligence, WhaleWisdom.com&nbsp;and regulatory filings made with the Securities and Exchange Commission. Stocks are ranked in reverse order of their weight in the selected billionaire investor's equity portfolio.</p><p>Walmart</p><ul><li><b>Market value:</b>$400.0 billion</li><li><b>Billionaire investor:</b>Ray Dalio (Bridgewater Associates)</li><li><b>Percent of portfolio:</b>4.3%</li></ul><p>Ordinarily, we look for stocks that account for at least 5% of a billionaire investor's portfolio before including them on this list, but Bridgewater Associates' interest in<b>Walmart</b>(WMT, $142.03) is sort of a special case.</p><p>Legendary investor Ray Dalio's massive hedge fund – it has $223 billion in assets under management (AUM) – has nearly 11% of its portfolio sitting in an S&amp;P 500 index fund. Indeed, the SPDR S&amp;P 500 ETF (SPY), with its 0.0945% expense ratio, is Bridgewater's largest holding.</p><p>The fund's second-largest holding is<i>also</i>an ETF. The Vanguard Emerging Markets ETF (VWO) accounts for 5.1% of the hedge fund's total portfolio value.</p><p>So it's something of a feather in Walmart's cap that the world's largest retailer and Dow Jones Industrial Average component happens to be tops among Dalio's actual stock picks.</p><p>Indeed, in the first quarter of 2021, Bridgewater upped its WMT stake by 16%, or 512,347 shares. The total stake of 3.6 million shares, worth $487.8 million at the end of Q1, now accounts for 4.3% of Bridgewater's total portfolio value.</p><p>Note well that Dalio, whose net worth is estimated at $20.3 billion, according to Forbes, is a big fan of Dow stocks and ETFs. In addition to WMT at No. 3, Bridegwater's top 10 holdings include stakes in Procter &amp; Gamble (PG), Coca-Cola (KO) and Johnson &amp; Johnson (JNJ), as well as the SPDR Gold Trust ETF (GLD) and the iShares Core MSCI Emerging Markets ETF (IEMG).</p><p>Amazon.com</p><ul><li><b>Market value:</b>$1.6 trillion</li><li><b>Billionaire investor:</b>Stephen Mandel (Lone Pine Capital)</li><li><b>Percent of portfolio:</b>5.4%</li></ul><p>Hedge-fund legend Stephen Mandel stepped back from managing investments at Lone Pine Capital a couple years back, but he remains a managing director at the firm, and it still runs very much in his image.</p><p>That's probably a good thing, given that Mandel's investing acumen allowed him to accumulate a net worth of nearly $4 billion, per Forbes.</p><p>Lone Pine – based in the hedge-fund capital of the world, Greenwich, Connecticut – lists more than $27.5 billion in managed securities. Lately, it has been putting more cash to work in big-nametechnology stocks, and few get higher accolades from Wall Street analysts than<b>Amazon.com</b>(AMZN, $3,223.07).</p><p>Indeed, analysts say AMZN is one of thebest Nasdaq stocks you can buy, giving it a high conviction consensus recommendation of Strong Buy. That's due in no small part to the fact that they expect Amazon to generate average annual earnings per share growth of almost 35% over the next three to five years – this despite the fact that the e-commerce giant is already a $1.6 trillion company.</p><p>Lone Pine upped its bet on AMZN by 87%, or 224,618 shares, in the first quarter, bringing its total holdings to 481,744 shares. That stake, which was worth $1.5 billion at the end of Q1, accounts for 5.4% of Lone Pine's total portfolio value, making it fifth among the hedge fund's stock picks.</p><p>Danaher</p><ul><li><b>Market value:</b>$182.7 billion</li><li><b>Billionaire investor:</b>Tran Capital Management</li><li><b>Percent of portfolio:</b>5.4%</li></ul><p>Tran Capital Management, a hedge fund based in San Rafael, California, is incrementally more bullish on the life sciences industry.</p><p>Tran, with $1.1 billion in AUM, added 2,001 shares to its stake in<b>Danaher</b>(DHR, $256.14), which makes a variety of instruments and diagnostics equipment to support medical, industrial and commercial processes.</p><p>Tran now holds a total of 267,376 shares, which were worth $60.1 million at the end of Q1. The DHR stake is Tran's fourth-largest holding, accounting for 5.4% of its stock portfolio value. The hedge fund has been an investor in DHR since the first quarter of 2014, though even with the latest purchase, it still currently owns just 0.04% of the company's shares outstanding.</p><p>The Street is likewise bullish on this healthcare name, which stands to benefit from the pharmaceutical industry's ongoing efforts against the novel coronavirus. Indeed, analysts' consensus recommendation on DHR comes to Buy, according to S&amp;PGlobal MarketIntelligence.</p><p>\"We believe that Danaher is well positioned to help biopharma companies develop new medicines, including treatments and vaccines for COVID-19,\" writes Argus Research analyst David Toung, who rates DHR at Buy. \"We expect recent strong customer demand to be sustained over the remainder of 2021.\"</p><p>Abbott Laboratories</p><ul><li><b>Market value:</b>$207.3 billion</li><li><b>Billionaire investor:</b>Polen Capital Management</li><li><b>Percent of portfolio:</b>5.6%</li></ul><p>Polen Capital Management's top four stock picks are a who's who of hot-growth, mega-cap tech stocks: Facebook (FB), Microsoft (MSFT), Google-parent Alphabet's Class C shares (GOOG) and Adobe (ADBE).</p><p>So it's kind of neat to see that the hedge fund's fifth-largest position is an income investor's dream.</p><p><b>Abbott Laboratories</b>(ABT, $116.65) is as stalwart a divided payer as they come. It's a member of the S&amp;P Dividend Aristocrats, an index ofdividend stocks that have increased their payouts annually for at least 25 consecutive years.</p><p>ABT, which manufactures a wide variety of healthcare goods, such as branded generic drugs, medical devices and nutrition and diagnostic products, has hiked its dividend for 49 years and counting. The last increase came in December: a whopping 25% improvement to 45 cents per share.</p><p>Polen, a hedge fund based in Boca Raton, Florida, with AUM of more than $46 billion, has owned a stake in ABT since the third quarter of 2019. Most recently, it upped its position by 1%, or 220,118 shares. Polen's total of 20.7 million shares was worth $2.5 billion at the end of Q1, and accounted for 5.6% of its portfolio value.</p><p>Importantly, Polen owns 1.2% of Abbott Lab's shares outstanding, putting it among the company's 15 largest investors.</p><p>UnitedHealth Group</p><ul><li><b>Market value:</b>$388.7 billion</li><li><b>Billionaire investor:</b>Allen Investment Management</li><li><b>Percent of portfolio:</b>5.7%</li></ul><p><b>UnitedHealth Group</b>(UNH, $411.92) is a hedge-fund favorite, and Wall Street gives it high marks too.</p><p>As the largest health insurer by both market value and revenue – and a member of the Dow Industrials to boot – UNH is sort of a must-have stock for institutional investors seeking broad exposure to the healthcare sector.</p><p>Meanwhile, analysts' consensus recommendation on the name comes to Buy. Of the 27 analysts covering the stock tracked by S&amp;P Global Market Intelligence, 16 rate UNH at Strong Buy, six say Buy, three have it at Hold and one calls it a Sell.</p><p>\"With the increase in Covid-19 vaccinations, we expect medical utilization patterns to return to normal levels, while at the same time we anticipate higher utilizations resulting from missed medical visits and delayed electives,\" writes CFRA Research analyst Sel Hardy, who rates the stock at Strong Buy.</p><p>So it's only fitting that Allen Investment Management, a New York hedge fund with $9.3 billion in AUM, upped its stake in UNH by 2%, or 21,086 shares, during the first quarter.</p><p>At 5.7% of the portfolio, UNH is the fund's third-largest position, trailing only Allen stock picks Alphabet Class C shares and Facebook. The hedge fund's stake of 990,525 shares was worth $368.5 million at the end of the first quarter.</p><p>Gaming and Leisure Properties</p><ul><li><b>Market value:</b>$10.8 billion</li><li><b>Billionaire investor:</b>Gates Capital Management</li><li><b>Percent of portfolio:</b>6.0%</li></ul><p>Gates Capital Management is a fan of one of Wall Street pros' favorite Nasdaq stocks. The New York hedge fund with $3 billion in AUM upped its stake in<b>Gaming and Leisure Properties</b>(GLPI, $46.36) by 35%, or more than 1 million shares, during the first quarter.</p><p>Gates Capital now holds 3.9 million shares in thisreal estate investment trust (REIT)– a stake worth $165.6 million as of March 31.</p><p>Analysts like this casino real estate play thanks to both a snazzy dividend yield and attractive growth prospects coming out of the pandemic. The company, whose properties include the Belle of Baton Rouge and Argosy Casino Riverside in Missouri, collected 100% of its rents in 2020.</p><p>Mizuho Securities initiated coverage of Gaming and Leisure Properties at Buy in late March, citing its unique attributes in an industry set to benefit from a recovery in consumer spending and gaming revenue.</p><p>\"GLPI is the most diversified of the three Gaming REITs, with strong underlying tenant credit and structural lease enhancements, resulting in a lower-risk platform that we believe is under-appreciated by the market,\" writes Mizuho analyst Haendel St. Juste.</p><p>Analysts' consensus recommendation on the name stands at Strong Buy, according to S&amp;P Global Market Intelligence.</p><p>The bull case for GLPI makes it easy to understand why Gates Capital increased its exposure to a stock it first bought back in 2013. The hedge fund holds 1.7% of GLPI's shares outstanding, making it the REIT's 12th largest investor.</p><p>S&amp;P Global</p><ul><li><b>Market value:</b>$91.4 billion</li><li><b>Billionaire investor:</b>Chris Hohn (TCI Fund Management)</li><li><b>Percent of portfolio:</b>6.0%</li></ul><p>Activist investor Chris Hohn has made quite a name for himself with The Children's Investment Fund Management – more commonly known as TCI Fund Management. Indeed, the London-based investor has parlayed his many stock picks into a personal net worth of $5.9 billion, per Forbes.</p><p>TCI, with more than $34 billion in managed securities, made a handful of moves in Q1, and none was bigger in percentage terms than its doubling down (and then some) on<b>S&amp;P Global</b>(SPGI, $379.47).</p><p>Hohn increased the fund's stake in SPGI by 147% – by far its largest addition of the quarter in percentage terms – adding 3.5 million shares. TCI now owns 5.9 million shares in the company behind S&amp;P Global Ratings, S&amp;P Global Market Intelligence and S&amp;P Global Platts.</p><p>The stake, worth $2.1 billion at the end of Q1, accounts for 6.0% of TCI's portfolio value, and gives Hohn ownership of 2.4% of S&amp;P's shares outstanding. That makes TCI the company's sixth-largest shareholder.</p><p>Although most investors probably know S&amp;P for its majority stake in S&amp;P Dow Jones Indices – which maintains the benchmark S&amp;P 500 index and the blue-chip Dow Jones Industrial Average – it's also a central player in corporate and financial analytics, information and research.</p><p>Dedicated long-term income investors probably already know thatSPGI happens to be a Dividend Aristocrat. The company has increased its dividend annually for nearly half a century.</p><p>AbbVie</p><ul><li><b>Market value:</b>$199.9 billion</li><li><b>Billionaire investor:</b>Avidity Partners Management</li><li><b>Percent of portfolio:</b>6.3%</li></ul><p><b>AbbVie</b>(ABBV, $113.20) was spun off from the above-mentioned Abbott Laboratories in 2013. It too, is a Dividend Aristocrat, having lifted its dividend annually for almost half a century.</p><p>Consumers best know the pharma firm for Humira, a blockbuster drug for rheumatoid arthritis that has been approved for numerous other ailments. AbbVie also makes cancer drug Imbruvica, as well as testosterone replacement therapy AndroGel.</p><p>Avidity Partners Management, a Dallas hedge fund with AUM of $6.2 billion, focuses primarily on stock picks in the healthcare sector, and it has been a fan of AbbVie since the fourth quarter of 2019. Most recently, it upped its stake in the pharma giant by 53%, or 721,200 shares. Avidity now holds a total of nearly 2.1 million shares in ABBV, worth $225 million at the end of Q1.</p><p>At 6.3% of its equity portfolio, AbbVie is Avidity's single largest position. That's up from 4.7% about three months ago.</p><p>The Street is a solid fan of ABBV, too. Analysts' consensus recommendation stands at Buy, with 11 Strong Buy ratings, six Buys and five Hold calls. One analyst has a Sell recommendation on the stock.</p><p>\"AbbVie is developing new growth drivers to help offset slowing sales of Humira, still its largest product by revenue,\" writes Argus Research analyst David Toung, who rates the stock at Buy. \"We expect continued strong growth from the oncology portfolio and newer immunology drugs in 2021.\"</p><p>Applied Materials</p><ul><li><b>Market value:</b>$126.2 billion</li><li><b>Billionaire investor:</b>Bristol Gate Capital Partners</li><li><b>Percent of portfolio:</b>6.3%</li></ul><p>Bristol Gate Capital Partners, a Toronto hedge fund with AUM of $1.7 billion, initiated a position in<b>Applied Materials</b>(AMAT, $138.13) in the first quarter.</p><p>And what a commitment it was. The new purchase of 783,931 shares, worth $105 million at the end of Q1, vaulted the position to Bristol Gate's top holding, accounting for 6.3% of its portfolio.</p><p>Applied Materials, which provides manufacturing equipment and technology to the semiconductor industry, is an allied play on the global chip shortage. Indeed, relentless demand for semiconductors from a wide range of industries has helped AMAT stock jump about 60% for the year-to-date.</p><p>The Street is heavily bullish on the name, too. Analysts' consensus recommendation stands at Buy, according to S&amp;P Global Market Research. The high opinion stems in part from the Street's forecast for EPS to increase at an average annual rate of nearly 19% over the next three to five years.</p><p>\"We believe underlying secular drivers are robust, broad-based and multi-year in nature,\" writes B. Riley analyst Craig Ellis, who rates AMAT at Buy.</p><p>Johnson &amp; Johnson</p><ul><li><b>Market value:</b>$445.7 billion</li><li><b>Billionaire investor:</b>ACR Alpine Capital Research</li><li><b>Percent of portfolio:</b>6.3%</li></ul><p>ACR Alpine Capital Research, a large advisory with $2.5 billion in AUM, has been a long-time fan of blue-chip<b>Johnson &amp; Johnson</b>(JNJ, $169.25). The St. Louis-based asset manager first invested in the Dow stock at the end of 2010, and it added incrementally to the position in Q1.</p><p>ACR upped its stake in the multifaceted pharma giant by 1%, or 8,790 shares, bringing its total holdings to 704,842 shares. The stake, worth $115.8 million at quarter's end, is at the tail end of the advisory's top 10 stock picks, taking up 6.3% of ACR's total portfolio value.</p><p>Analysts have a consensus recommendation of Buy on JNJ. Among the arguments in favor of the stock, bulls point to its strong pharmaceutical pipeline, as well as a rebound in demand for medical devices as patients undergo elective procedures put off during the pandemic.</p><p>\"We expect the recovery in elective procedures and patient visit volumes to accelerate as the pandemic is starting to get under control in the U.S., which should result in a strong recovery in Medical Devices sales and solid growth in Pharma revenues,\" writes CFRA Research analyst Sel Hardy, who rates shares at Buy.</p><p>Investors and analysts alike no doubt also appreciate the company's commitment to delivering income to investors. JNJ announced a 5% quarterly dividend increase in April 2021, to $1.06 per share from $1.01 per share. That marked this Dividend Aristocrat's 59th consecutive year of dividend increases.</p><p>Xilinx</p><ul><li><b>Market value:</b>$31.2 billion</li><li><b>Billionaire investor:</b>Canyon Capital Advisors</li><li><b>Percent of portfolio:</b>7.0%</li></ul><p>Canyon Capital Advisors, with AUM of $20.9 billion, has propelled founders Joshua Friedman and Mitchell Julis to Forbes' list of highest-earning hedge fund millionaires.</p><p>So it's of interest that the Los Angeles-based fund significantly pared back on its two largest stock picks in Q1 – while greatly increasing its bet on chipmaker<b>Xilinx</b>(XLNX, $127.00).</p><p>In October 2020, Advanced Micro Devices (AMD) and Xilinx announced a deal in which AMD would acquire the latter in an all-stock transaction valued at $35 billion.</p><p>Canyon first bought shares in Xilinx in the fourth quarter of 2020, at which point the stake accounted for 4.6% of the fund's portfolio value. Then in Q1, Canyon upped its XLNX holdings by 89%, or 672,829 shares.</p><p>The hedge fund's total stake of 1.4 million shares, worth $176.3 million at the end of Q1, now accounts for 7.0% of its portfolio value.</p><p>Canyon, with ownership of 0.58% of XLNX's shares outstanding, is a top-30 stockholder in the soon-to-be-acquired company. AMD and Xilinx expect their deal to close at the end of 2021.</p><p>Analysts' consensus recommendation on XLNX stands at Hold, pending the deal close. They do, however, rate AMD at Buy, and generally applaud the strategic rationale of merging the two chipmakers' complementary assets.</p><p>D.R. Horton</p><ul><li><b>Market value:</b>$34.4 billion</li><li><b>Billionaire investor:</b>George Soros (Soros Fund Management)</li><li><b>Percent of portfolio:</b>7.4%</li></ul><p>Legendary hedge-fund tycoon George Soros, with an estimated net worth of $8.6 billion, per Forbes, today spends his days running Soros Fund Management.</p><p>The New York-based family office – a sort of private hedge fund – has $5.3 billion in AUM, and one of its biggest stock picks is a bet on the severe shortage of new homes for sale.</p><p>Soros first took a stake in homebuilder<b>D.R. Horton</b>(DHI, $95.29) during the first quarter of 2019, and he apparently remains bullish on the outlook. After all, the billionaire increased his DHI stake by 19%, or 703,850 shares, in the first quarter.</p><p>Soros Fund Management's most recent investment makes DHI its second-largest holding, at 7.4% of the portfolio. The stake of 4.4 million shares – worth $392.8 million at the end of Q1 – equals 1.2% of the homebuilder's shares outstanding. As such, Soros Fund Management is D.R. Horton's 15th largest shareholder.</p><p>With a consensus recommendation of Buy, per S&amp;P Global Market Intelligence, the Street is also bullish on the name.</p><p>\"With inventory constraints growing across the industry and buyer demand still nearly insatiable, we think DHI remains in an extraordinarily strong position to gain further market share and leverage its sector-leading scale,\" writes Raymond James analyst Buck Horne, who rates shares at Outperform (the equivalent of Buy).</p><p>Microsoft</p><ul><li><b>Market value:</b>$1.9 trillion</li><li><b>Billionaire investor:</b>Chase Coleman III (Tiger Global Management)</li><li><b>Percent of portfolio:</b>7.4%</li></ul><p>Hedge-fund legend Chase Coleman III, with a net worth of $10.3 billion, according to Forbes, upped his bet on<b>Microsoft</b>(MSFT, $249.68) in the first quarter of 2021.</p><p>And he did so in a compelling fashion.</p><p>Coleman's Tiger Global Management ($79 billion AUM) increased its stake in MSFT by 15%, or 1.8 million shares, in the first three months of the year. The hedge fund now owns a total of 13.7 million shares, worth $3.2 billion at the end of Q1.</p><p>The MSFT stake, which accounts for 7.4% of Tiger Global's portfolio value, is second only to its bet on Chinese e-commerce company JD.com (JD), which is top among Coleman's stock picks at 9.9% of the portfolio.</p><p>Tiger Global first bought MSFT in the fourth quarter of 2016, and adding to the stake certainly makes sense. Wall Street analysts mostly adore this component of the Dow Jones Industrial Average.</p><p>After all, MSFT – the second-largest U.S. company by market value after Apple (AAPL) – lands among the pro's11 best Nasdaq stocks you can buy. Analysts' consensus recommendation on MSFT comes to Strong Buy, with 26 Strong Buy calls, 11 Buys and one Hold rating.</p><p>Tesla</p><ul><li><b>Market value:</b>$602.3&nbsp;billion</li><li><b>Billionaire investor:</b>Ark Invest</li><li><b>Percent of portfolio:</b>7.6%</li></ul><p>Ark Invest features prominently in the financial news these days, thanks to the strong performance of several of its actively managed exchange-traded funds.</p><p>Indeed, as Kiplinger has noted, 2020 was the year of Cathie Wood, CEO and founder of Ark Invest, who steered its then-five separate actively managed innovation-themed funds to the ranks ofthe best-performing equity ETFsof the year.</p><p>In addition to ETFs, Ark offers managed accounts and other products and services aimed at high net worth investors. Thanks to the various products and services it offers, the firm has amassed more than $55 billion in AUM.</p><p>So it says something when Ark's single-largest holding is<b>Tesla</b>(TSLA, $625.22) – especially since the firm is increasing its exposure to the electric vehicle maker at an accelerating pace.</p><p>Ark boosted its TSLA position by 39%, or 1.7 million shares, during the first quarter of 2021. The stake, which accounts for 7.6% of Ark Investment Management's equity portfolio, was worth nearly $4 billion at the end of Q1.</p><p>It's not hard to see why Wood likes TSLA so much. Her investment approach focuses on innovation, and Tesla, led by the mercurial Elon Musk, is nothing if not innovative.</p><p>Comcast</p><ul><li><b>Market value:</b>$263.4 billion</li><li><b>Billionaire investor:</b>Rothschild &amp; Company Wealth Management UK</li><li><b>Percent of portfolio:</b>9.0%</li></ul><p>Rothschild &amp; Company Wealth Management UK, a London-based hedge fund with $16.4 billion in AUM, is increasingly bullish on<b>Comcast</b>(CMCSA, $57.34).</p><p>Welcome to the club.</p><p>The nation's largest cable company regularly makes the list ofhedge funds' favorite stock picks. That's because its combination of content, broadband, pay TV, theme parks and movies is unparalleled by rivals, and gives thisblue-chip stocka huge strategic advantage.</p><p>CMCSA's diversification came in especially handy last year when the pandemic walloped theme parks, cinemas and spending on advertising.</p><p>\"While the pandemic has materially impacted Comcast, the company's steady cable division continues to provide vital connectivity for its large base of 23 million subscribers,\" writes Argus Research analyst Joseph Bonner (Buy).</p><p>Rothschild first bought shares in the cable operator in the first quarter of 2019, and most recently upped its bet by 2%, or 194,324 shares. The hedge fund's total holdings of 9.2 million shares, worth $500.2 million at the end of Q1, accounted for 9.0% of its portfolio. CMCSA is now Rothchild's sixth-largest position.</p><p>Analysts' consensus recommendation on the stock comes to Buy, per S&amp;P Global Market Intelligence, with 20 Strong Buy ratings, nine Buys, four Holds and one Strong Sell. The Street expects the company to deliver average annual EPS growth of nearly 16% over the next three to five years.</p><p>Aptiv</p><ul><li><b>Market value:</b>$40.7 billion</li><li><b>Billionaire investor:</b>Caxton Associates</li><li><b>Percent of portfolio:</b>9.4%</li></ul><p>Billionaire philanthropist Bruce Kovner, with an estimated net worth of $6.6 billion, retired from his management role at Caxton Associates a decade ago. But the hedge fund he founded continues to rake in the bucks with his global macroeconomic trading strategies.</p><p>Indeed, Caxton last year closed its flagship fund to new money after posting record 40% gains during the pandemic. And the firm shows no signs of slowing down.</p><p>Caxton, with AUM of $25.7 billion, has owned<b>Aptiv</b>(APTV, $150.42) since the first quarter of 2019, but it really went all in earlier this year.</p><p>Caxton upped its stake in APTV by 61%, or 285,618 shares. Indeed, the purchase made APTV the fund's top stock pick, accounting for 9.4% of the portfolio, up from 4.2% three months ago. Caxton's 747,843 shares were worth $103.1 million at the end of Q1.</p><p>Shares in Aptiv, which makes safety, connectivity and green technology for vehicles, have essentially doubled over the past 52 weeks, and analysts say they have more room to run.</p><p>\"Aptiv indeed is not only benefitting from accelerating industry adoption of vehicle electrification, advanced driver-assistance systems, and connected vehicle technologies, but also achieving dominant win rates in several of these areas based on its complete system knowledge, and software-based flexible architectures,\" writes Deutsche Bank analyst Emmanuel Rosner (Buy).</p><p>Adobe</p><ul><li><b>Market value:</b>$241.2 billion</li><li><b>Billionaire investor:</b>Atalan Capital Partners</li><li><b>Percent of portfolio:</b>9.6%</li></ul><p>Atalan Capital Partners, a New York hedge fund with AUM of $2 billion, boosted its stake in<b>Adobe</b>(ADBE, $504.58) in Q1, which vaulted the software company into the No. 2 spot among its stock picks.</p><p>Atalan increased its holdings by 38%, or 82,000 shares, in Q1, lifting its total stake to 295,000 shares worth $140.2 million as of March 31. The position accounts for 9.6% of the portfolio.</p><p>Atalan first picked up ADBE in the second quarter of 2020, which was not the best timing. Shares are up just about 16% since June 30 of last year, lagging the S&amp;P 500 by roughly 20 percentage points.</p><p>That's not to say ADBE stock won't continue to be a winner in the longer run. Analysts tend to be heavily bullish on the name, thanks to its dominance in its field. After all, Adobe is the undisputed leader in making software for designers and other creative types. Its software arsenal includes Photoshop, Premiere Pro for video editing and Dreamweaver for website design, among others.</p><p>\"As a result of its early-mover position and strategic M&amp;A transactions, Adobe has established itself as the unchallenged leader in Creative software,\" writes Stifel analyst Jeffrey Parker Lane (Buy). \"We view Adobe as one of the most compelling investment cases in our coverage areas.\"</p><p>The Street's consensus recommendation stands at Buy, with an annual EPS growth forecast of more than 15% over the next three to five years.</p><p>Thermo Fisher Scientific</p><ul><li><b>Market value:</b>$184.5 billion</li><li><b>Billionaire investor:</b>Cryder Capital Partners</li><li><b>Percent of portfolio:</b>9.7%</li></ul><p><b>Thermo Fisher Scientific</b>(TMO, $469.50), is sometimes called the \"Amazon of the healthcare industry\" because of its wide-ranging portfolio of life sciences products, analytics and laboratory instruments.</p><p>As such, it has been highly active in the fight against COVID-19, which in turn has raised its profile and investor interest. And although TMO has been a holding of Cryder Capital Partners since 2015, the hedge fund remains an incremental buyer.</p><p>London-based Cryder Capital, with $1 billion in AUM, lifted its stake in TMO by 2%, or 6,398 shares, during the first three months of the year. The hedge fund now holds a total of 298,587 shares, worth $136.3 million as of March 31. Despite a high weight of 9.7%, TMO is just seventh largest among the fund's stock picks.</p><p>Analysts' consensus recommendation stands at Strong Buy, according to S&amp;P Global Market Intelligence. Argus Research is just one research shop in the bull camp.</p><p>\"Thermo is seeing strong demand for COVID-19 testing solutions as well as for instruments and supplies used by developers of vaccines and other treatments,\" writes analyst David Toung (Buy). \"But the company is also investing its substantial cash flow in technology upgrades, capacity expansions and acquisitions.\"</p><p>With an average target price of $557.17, the Street gives TMO stock implied upside of about 18% in the next 12 months or so.</p><p>Visa</p><ul><li><b>Market value:</b>$484.8 billion</li><li><b>Billionaire investor:</b>Valley Forge Capital Management</li><li><b>Percent of portfolio:</b>10.2%</li></ul><p><b>Visa</b>(V, $227.30) routinely makes most lists of analysts', hedge funds' or billionaires' favorite stocks.<b>Berkshire Hathaway</b>(BRK.B)owns a stake worth more than $2 billion, although chairman and CEO Warren Buffett readily credits the holding to one of his stock-picking lieutenants.</p><p>And indeed, there is much to like about this Dow stock. Visa operates the world's largest payments network, and thus is well-positioned to benefit from the growth of cashless transactions and digital mobile payments.</p><p>The Street's consensus recommendation is a high-conviction Buy. Of the analysts covering the stock tracked by S&amp;P Global Market Intelligence, 21 call V a Strong Buy, 12 rate it at Buy, four say Hold and one calls it a Sell.</p><p>Valley Forge Capital Management, a hedge fund in Wayne, Pennsylvania, with $1.1 billion in AUM, is certainly a big believer. Visa accounts for 10.2% of its equity portfolio.</p><p>The fund increased its Visa stake by 88%, or 477,181 shares, in Q1. It now holds more than 1 million shares worth $215 million as of March 31. Mind you, Valley Forge Capital is hardly a novice in this stock. The fund has counted Visa among its stock picks since 2016.</p><p>Although the pandemic greatly curtailed spending in a number of Visa's categories – most notably travel and entertainment – those headwinds should now be in the past. Indeed, the gradual global reopening – and accelerating secular growth in cashless payments,&nbsp;helped by the perception that cash is \"dirty\" – make a solid bull case for Visa stock.</p><p>Intel</p><ul><li><b>Market value:</b>$230.7 billion</li><li><b>Billionaire investor:</b>Cavalry Management Group</li><li><b>Percent of portfolio:</b>10.4%</li></ul><p><b>Intel</b>(INTC, $57.12) has fallen far behind the competition on any number of fronts, which is why analysts and investors were so delighted when the chipmaker hired Pat Gelsinger, former CEO of VMWare (VMW), to take over in February.</p><p>Heck, some observers said it was the best decision the troubled company made in more than a decade. And, indeed, this Dow stock has been a disappointing performer. Shares are up just 3% over the past three years vs. a gain of 54% for the S&amp;P 500.</p><p>So props to Cavalry Management Group for making a bold bet on the semiconductor company earlier this year. The San Francisco hedge fund with $2.6 billion in AUM initiated a large enough position to instantly make Intel its top stock pick.</p><p>Cavalry Management bought 1.7 million shares during the first three months of 2021. With a value of $111.6 million at the end of Q1, INTC accounted for more than 10% of the hedge fund's investments.</p><p>Cavalry largely focuses on large-cap tech stocks, so Intel certainly fits well with its broader strategy. Other moves the fund made in Q1 included more than tripling its stake in Microsoft, and almost doubling its holdings in Ericsson (ERIC).</p><p>The Street is generally more cautious on INTC than Cavalry Management is. Analysts' consensus recommendation stands at Hold, per S&amp;P Global Market Intelligence.</p><p>PayPal Holdings</p><ul><li><b>Market value:</b>$305.5 billion</li><li><b>Billionaire investor:</b>Dorsey Asset Management</li><li><b>Percent of portfolio:</b>11.8%</li></ul><p>Digital mobile payments and the expansion of cashless transactions are one of the hottest areas of growth in financial tech. And although the sector offers no shortage of promising new names, old-timer<b>PayPal Holdings</b>(PYPL, $260.02) still gets plenty of analyst – and billionaire investor – love.</p><p>Explosive growth in mobile transactions, the monetization of its Venmo property and incremental revenue growth in its Xoom business all help make for a compelling bull case on PYPL, analysts say.</p><p>\"Simply put, PayPal should continue to benefit from the secular shift to e-commerce that should drive a roughly 20% revenue compound annual growth rate (CAGR), which, coupled with margin expansion and capital allocation (mergers &amp; acquisitions plus stock buybacks), should result in an earnings CAGR north of 20% over the next several years,\" writes Raymond James analyst John Davis, who rates the stock at Outperform (the equivalent of Buy).</p><p>Dorsey Asset Management, with $1.3 billion in AUM, embraces the bull case on PYPL in a big way. The Chicago-based hedge fund increased its stake in PayPal by 81%, or 209,025 shares, in Q1. Its total holdings of 465,266 shares, worth $113 million as of March 31, comprises 11.8% of its stock investments.</p><p>That's up from 7.9% of the portfolio three months ago. PYPL, which Dorsey has owned since the second quarter of 2018, is now its fifth-largest position.</p><p>Analysts' consensus recommendation on the stock stands at Buy, according to S&amp;P Global Market Intelligence.</p><p>Howard Hughes</p><ul><li><b>Market value:</b>$5.8 billion</li><li><b>Billionaire investor:</b>Bill Ackman (Pershing Square Capital)</li><li><b>Percent of portfolio:</b>12.1%</li></ul><p>No one doubts Bill Ackman's investing acumen. His Pershing Square Capital hedge fund has allowed the investor to amass a personal fortune of $3 billion, per Forbes.</p><p>And he's never been one to shy away from the media. So his increasing stake in<b>Howard Hughes Corp.</b>(HHC, $105.83) is far from a state secret. Indeed, Ackman has owned shares in the master-planned community developer since it was spun off from General Growth Properties in 2010.</p><p>Given Ackman's propensity for being anactivist investor, his latest purchase is eyebrow-raising news, nonetheless.</p><p>The hedge-fund billionaire increased his stake in HHC by 23%, or 2.6 million shares, in Q1. Pershing Square's stake of 13.5 million shares was worth $1.3 billion at the first quarter's end.</p><p>Most notably, Ackman now holds almost a quarter of HHC's shares outstanding. That makes the hedge fund the company's largest investor by a wide margin. Asset manager Vanguard, at No. 2, owns just 10.8% of HHC.</p><p>Meanwhile, HHC, at 12.1% of its portfolio, is now Pershing Square Capital's sixth-largest position.</p><p>For those keeping score at home, HHC stock has doubled over the past 52 weeks vs. a gain of about 38% for the S&amp;P 500. For the year-to-date, it's up by more than a third. That compares with the broader market's gain of about 12% so far this year.</p><p>Only three analysts cover HHC, according to S&amp;P Global Market Intelligence. One rates it at Strong Buy, while the other two say Buy.</p><p>Lowe's</p><ul><li><b>Market value:</b>$137.7 billion</li><li><b>Billionaire investor:</b>Two Creeks Capital Management</li><li><b>Percent of portfolio:</b>12.2%</li></ul><p>Two Creeks Capital Management, a New York hedge fund with AUM of $2.8 billion, made a big addition to its stake in<b>Lowe's</b>(LOW, $194.83) in the first quarter – a move most analysts would regard as wise.</p><p>The nation's second-largest home improvement retailer after Home Depot (HD) benefited greatly from the work-from-home/stuck-at-home reality of pandemic life. Analysts say many of the do-it-yourself habits consumers adopted during COVID times are here to stay. Lowe's is also being aided by the ultra-tight housing market.</p><p>The Street gives LOW a consensus recommendation of Buy. Argus Research, which counts itself in the Buy camp, says Lowe's has several strong tailwinds behind it.</p><p>\"We believe that the major drivers of post-pandemic sales growth remain the same,\" writes Argus Research analyst Christopher Graja. \"There has been significant underinvestment in housing. About 70% of U.S. homes are more than 25 years old and likely in need of upgrades and repairs. Millennials are starting families.\"</p><p>Income investors know the power of Lowe's dividend over the longer haul. The Dividend Aristocrat has paid a cash distribution every quarter since going public in 1961, and that dividend has increased annually for almost 60 years.</p><p>The bullish investment thesis led Two Creeks to up its stake in this stock pick by 14%, or 132,811 shares, in Q1. The hedge fund's total stake of 1.1 million LOW shares, worth $200 million at the end of Q1, accounts for 12.2% of its portfolio, representing its third-largest holding.</p><p>Alphabet</p><ul><li><b>Market value:</b>$1.6 trillion</li><li><b>Billionaire investor:</b>Metropolis Capital</li><li><b>Percent of portfolio:</b>13.3%</li></ul><p>It should come as no surprise that hedge funds are big believers in Google parent<b>Alphabet</b>(GOOGL, $2,356,85). Metropolis Capital, a U.K.-based investor with $1.4 billion in AUM, is just one of about 225 hedge funds upping its stake in the internet giant in Q1.</p><p>Metropolis thinks highly enough of the search leader that it increased its stake by 22%, or 13,679 shares. The firm now holds a total of 74,868 shares worth $154.4 million, or 13.3% of its total portfolio, as of March 31.</p><p>Alphabet happens to be in good company at this hedge fund. GOOGL is Metropolis' second-largest stock pick after Berkshire Hathaway (BRK.B).</p><p>If nothing else, Alphabet's pandemic performance in totality bolstered the case that GOOGL is not a one-trick pony. Its numerous other endeavors likewise shore up the case. For example, Alphabet is a key player in cloud-based services, and home to Nest Labs and self-driving car startup Waymo. Artificial intelligence, machine learning and virtual reality are other areas of heavy investment.</p><p>\"We continue to favor Google as a core large-cap growth holding given the strong digital advertising backdrop, continued strength from Cloud, ongoing share repurchases (with the newly authorized $50 billion program) and a reasonable valuation,\" writes Canaccord Genuity analyst Maria Ripps (Buy).</p><p>Analysts' consensus recommendation on the name stands at Strong Buy. Of the 45 analysts issuing opinions on the stock tracked by S&amp;P Global Market Intelligence, 32 rate it at Strong Buy, 12 say Buy and one has it at Hold.</p><p>Walt Disney</p><ul><li><b>Market value:</b>$324.6 billion</li><li><b>Billionaire investor:</b>Kirkoswald Asset Management</li><li><b>Percent of portfolio:</b>16.5%</li></ul><p>Coronavirus took a huge bite out of some of<b>Walt Disney's</b>(DIS, $178.65) most important businesses: namely, its theme parks and studios. But after encouraging quarterly results, analysts say business is set to bounce back in a big way.</p><p>Disneyland and other California amusement parks have reopened with restrictions. And admissions at Florida's Disney World continue to climb.</p><p>\"With mask mandates lifted and capacity constraints loosened further, we would not be surprised to see a step change in attendance in the near future,\" writes Deutsche Bank analyst Bryan Kraft (Buy).</p><p>But that's nothing compared to what DIS has on its hands in thestreaming mediawars.</p><p>Disney+ is a smashing success. The streaming platform, which launched in November 2019, has already amassed almost 100 million subscribers – a staggering rate of growth. Consider that Disney+ now has about half as many subscribers as Netflix (NFLX) – but Netflix had a roughly 12-year head start.</p><p>Kirkoswald Asset Management, a New York hedge fund with AUM of $4 billion, decided to get in on DIS asa recovery stock pickin Q1. It initiated a stake of 5,200 shares, worth almost $1 million, during the first three months of the year.</p><p>The new stake immediately made DIS its second-largest position among $5.8 million in managed securities.</p><p>Most of the Street would approve of Kirkoswald's investment. Analysts have a consensus Buy recommendation on this Dow stock.</p><p>Berkshire Hathaway</p><ul><li><b>Market value:</b>$661.0 billion</li><li><b>Billionaire investor:</b>Southeast Asset Advisors</li><li><b>Percent of portfolio:</b>16.8%</li></ul><p>If you can't beat 'em, join 'em.</p><p>It's hard to compete with Warren Buffett when it comes toasset allocation. As CEO and chairman of<b>Berkshire Hathaway</b>(BRK.B, $289.44), he's arguably the greatest long-term investor of all time.</p><p>So it's little wonder that so many hedge funds, large advisories and other billion-dollar-plus pools of money throw in their lots with the Oracle of Omaha.</p><p>Southeast Asset Advisors, an investment manager and hedge fund based in Thomasville, Georgia, with $1.6 billion in AUM, has been a BRK.B shareholder since 2008. Indeed, BRK.B, at 16.8% of its portfolio, is the fund's top holding.</p><p>And it's only getting bigger.</p><p>Southeast increased its stake in BRK.B by 2%, or 7,747 shares, in Q1. It now holds 365,149 shares worth $93.3 million. Only Alphabet Class C shares (GOOG) come close to the firm's BRK.B stake, accounting for 11.7% of the portfolio.</p><p>BRK.B has been an outstanding performer both in 2021 and over the past 52 weeks. The stock is up 25% for the year-to-date, essentially doubling the S&amp;P 500's gains. And over the past year? BRK.B returned 57% vs. a price increase of less than 40% for the broad-market gauge.</p><p>Only four analysts cover BRK.B stock, per S&amp;P Global Market Intelligence. Their consensus recommendation comes to Buy.</p><p>Alibaba</p><ul><li><b>Market value:</b>$580.4 billion</li><li><b>Billionaire investor:</b>Conifer Management</li><li><b>Percent of portfolio:</b>20.7%</li></ul><p>Conifer Management, a New York hedge fund with $7.7 billion in AUM, has more than a fifth of its portfolio invested in Chinese e-commerce giant<b>Alibaba</b>(BABA, $213.96).</p><p>Indeed, after upping its stake by 147%, or 884,845 shares, in Q1, BABA is Conifer's top holding. Its total stake of 1.5 million shares was worth $336.7 million at the end of the first quarter.</p><p>Conifer initiated its stake in BABA only in the final quarter of last year. To the hedge fund's credit, this stock pick is a highly defensible investment idea.</p><p>Alibaba is sometimes called the Amazon of China. There are important differences between the two, but they do share the enviable trait of being undisputed titans ine-commerce.</p><p>And like Amazon, Alibaba has never shied away from investing heavily to both build out its existing businesses and enter new ones. As a result, BABA finds itself spreading beyond its core e-commerce business into cloud computing, digital payments and more.</p><p>It also helps that BABA and investors can now move past a $2.75 billion fine imposed by Chinese regulators for violating anti-monopoly laws.</p><p>Some analysts worry about decelerating revenue in the company's cloud services business, but the majority of the Street sees recent share-price weakness as a buying opportunity.</p><p>The consensus recommendation of 49 analysts tracked by S&amp;P Global Market Intelligence comes to Strong Buy on BABA stock.</p><p>Mastercard</p><ul><li><b>Market value:</b>$357.4 billion</li><li><b>Billionaire investor:</b>Valley Forge Capital Management</li><li><b>Percent of portfolio:</b>22.6%</li></ul><p>If Valley Forge Capital Management likes Visa – as noted above – it absolutely adores competitor<b>Mastercard</b>(MA, $360.58).</p><p>The Wayne, Pennsylvania-based hedge fund with $1.1 billion in AUM almost doubled its stake in this stock pick in the first quarter. And with more than a fifth of its portfolio tied up in the payments processor, Mastercard is Valley Forge's top holding.</p><p>The hedge fund bought another 665,544 shares, representing a 98% increase, in Q1, bringing its total holdings to 1.3 million shares. The position was worth $477.9 million as of March 31.</p><p>Valley Forge, which owns 0.14% of MA's shares outstanding, has been an investor in the company since 2016. It's a bet that appears to have done quite well. Mastercard stock's five-year total return – price appreciation plus dividends – comes to 30.8%, according to Morningstar data. That beats its sector by 5.7 percentage points and leads the broader market by 13.4 percentage points.</p><p>Like Visa, Mastercard has relentless growth in digital mobile payments and other cashless transactions at its back.</p><p>\"Mastercard is a key beneficiary of the long-term secular shift toward electronic forms of payments, and that new technology is helping accelerate the shift,\" writes William Blair analyst Robert Napoli (Outperform)</p><p>And, just like Visa, MA has a lot of fans on the Street. Analysts' consensus recommendation stands at Buy.</p><p>Facebook</p><ul><li><b>Market value:</b>$932.1 billion</li><li><b>Billionaire investor:</b>Altarock Partners</li><li><b>Percent of portfolio:</b>24.4%</li></ul><p>There's a strong bull case to be made for<b>Facebook</b>(FB, $328.73), the social media giant that forms a digital-ad duopoly with Google. Just ask Altarock Partners.</p><p>This hedge fund, based in Beverly, Massachusetts, with AUM of $3.1 billion, has almost a quarter of its portfolio socked away in Facebook stock. After buying another 465,800 shares, a 27% increase, in Q1, the hedge fund is sitting on 2.2 million shares worth $641.4 million as of March 31.</p><p>That makes FB Altarock's second-largest holding.</p><p>And just who is at No. 1?</p><p>None other than Google parent Alphabet, which commands 25.1% of Altarock's investment portfolio.</p><p>The hedge fund first bought FB in the fourth quarter of last year, so it's building up its position on the stock pick pretty rapidly. And well it should, if analysts are right about this name.</p><p>The Street's consensus recommendation on FB stands at Strong Buy, as analysts forecast the company to deliver truly impressive profit growth for some time.</p><p>\"We believe Facebook's share gains during the pandemic and new initiatives in e-commerce can drive many years of above-market growth,\" writes Stifel analyst John Egbert (Buy). \"We are comfortable with the potential outcomes of antitrust inquiries and believe FB shares offer investors a rare combination of growth and value relative to its peers.\"</p><p>Seagen</p><ul><li><b>Market value:</b>$28.2 billion</li><li><b>Billionaire investor:</b>Felix and Julian Baker (Baker Bros. Advisors)</li><li><b>Percent of portfolio:</b>29.7%</li></ul><p><b>Seagen</b>(SGEN, $155.35), a biotechnology firm specializing in oncology treatments, couldn't get a bigger vote of confidence than being the top holding of Baker Bros. Advisors.</p><p>This New York-based hedge fund with $35.8 billion in AUM is led by billionaire biotech investors Julian and Felix Baker. The brothers may keep a low profile, but they're plenty famous in the world ofbiotech stocks. A series of successful investments have allowed the Bakers to build an estimated combined fortune of about $4 billion, according to Forbes.</p><p>And judging by their latest regulatory filings, the brothers have great expectations for Seagen, too. The stock pick accounts for nearly 30% of the total value of the Baker Bros.' holdings, up from 28.5% three months ago.</p><p>The increase stems in part from Baker Bros. buying another 347,745 shares in SGEN in the first quarter of 2021. The fund's total holdings of 47.6 million shares were worth more than $7 billion at the end of Q1.</p><p>The stake gives Baker Bros. ownership of 26.3% of SGEN's shares outstanding, which makes it the biotech company's largest shareholder by a wide margin. The second-largest investor – Capital Research and Management – holds only 8.6% of SGEN's shares outstanding.</p><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p><p>TRENDING TOPICS</p><p>TRENDING ARTICLES</p>","source":"lsy1603171495471","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>30 Top Stock Picks That Billionaires Love</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\">\n30 Top Stock Picks That Billionaires Love\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 11:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/30-top-stock-picks-that-billionaires-love-2021-06-01><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's always interesting to see what billionaire investors are doing with their money. Sure, you can't match their gains simply by copying every single one of their stock picks, but it can still be ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/30-top-stock-picks-that-billionaires-love-2021-06-01\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.nasdaq.com/articles/30-top-stock-picks-that-billionaires-love-2021-06-01","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182886492","content_text":"It's always interesting to see what billionaire investors are doing with their money. Sure, you can't match their gains simply by copying every single one of their stock picks, but it can still be helpful (and fruitful) to know what they've been up to.Consider that the billionaires, hedge funds and big-time advisories listed below have a great deal at stake. And their resources for research, as well as their intimate connections to insiders and others, can give them unique insight into their stock picks.Studying which stocks they're chasing with their capital (or whichstocks the billionaires are selling off, for that matter) can be an edifying exercise for retail investors.After all, there's a reason the rich get richer.Here are 30 of the most recent top stock picks from the billionaire class.In each case, at least one billionaire – be it a person, hedge fund or advisory – has a substantial stake and/or added to its holdings. In most cases, these stocks are owned by multiple billionaire investors and billionaire investor firms. And while several of these investments are popular blue chips, others keep a much lower profile.Either way, the smart money isn't kidding around when it comes to these stock picks.Prices are as of May 28. Data is courtesy of S&P Global Market Intelligence, WhaleWisdom.com and regulatory filings made with the Securities and Exchange Commission. Stocks are ranked in reverse order of their weight in the selected billionaire investor's equity portfolio.WalmartMarket value:$400.0 billionBillionaire investor:Ray Dalio (Bridgewater Associates)Percent of portfolio:4.3%Ordinarily, we look for stocks that account for at least 5% of a billionaire investor's portfolio before including them on this list, but Bridgewater Associates' interest inWalmart(WMT, $142.03) is sort of a special case.Legendary investor Ray Dalio's massive hedge fund – it has $223 billion in assets under management (AUM) – has nearly 11% of its portfolio sitting in an S&P 500 index fund. Indeed, the SPDR S&P 500 ETF (SPY), with its 0.0945% expense ratio, is Bridgewater's largest holding.The fund's second-largest holding isalsoan ETF. The Vanguard Emerging Markets ETF (VWO) accounts for 5.1% of the hedge fund's total portfolio value.So it's something of a feather in Walmart's cap that the world's largest retailer and Dow Jones Industrial Average component happens to be tops among Dalio's actual stock picks.Indeed, in the first quarter of 2021, Bridgewater upped its WMT stake by 16%, or 512,347 shares. The total stake of 3.6 million shares, worth $487.8 million at the end of Q1, now accounts for 4.3% of Bridgewater's total portfolio value.Note well that Dalio, whose net worth is estimated at $20.3 billion, according to Forbes, is a big fan of Dow stocks and ETFs. In addition to WMT at No. 3, Bridegwater's top 10 holdings include stakes in Procter & Gamble (PG), Coca-Cola (KO) and Johnson & Johnson (JNJ), as well as the SPDR Gold Trust ETF (GLD) and the iShares Core MSCI Emerging Markets ETF (IEMG).Amazon.comMarket value:$1.6 trillionBillionaire investor:Stephen Mandel (Lone Pine Capital)Percent of portfolio:5.4%Hedge-fund legend Stephen Mandel stepped back from managing investments at Lone Pine Capital a couple years back, but he remains a managing director at the firm, and it still runs very much in his image.That's probably a good thing, given that Mandel's investing acumen allowed him to accumulate a net worth of nearly $4 billion, per Forbes.Lone Pine – based in the hedge-fund capital of the world, Greenwich, Connecticut – lists more than $27.5 billion in managed securities. Lately, it has been putting more cash to work in big-nametechnology stocks, and few get higher accolades from Wall Street analysts thanAmazon.com(AMZN, $3,223.07).Indeed, analysts say AMZN is one of thebest Nasdaq stocks you can buy, giving it a high conviction consensus recommendation of Strong Buy. That's due in no small part to the fact that they expect Amazon to generate average annual earnings per share growth of almost 35% over the next three to five years – this despite the fact that the e-commerce giant is already a $1.6 trillion company.Lone Pine upped its bet on AMZN by 87%, or 224,618 shares, in the first quarter, bringing its total holdings to 481,744 shares. That stake, which was worth $1.5 billion at the end of Q1, accounts for 5.4% of Lone Pine's total portfolio value, making it fifth among the hedge fund's stock picks.DanaherMarket value:$182.7 billionBillionaire investor:Tran Capital ManagementPercent of portfolio:5.4%Tran Capital Management, a hedge fund based in San Rafael, California, is incrementally more bullish on the life sciences industry.Tran, with $1.1 billion in AUM, added 2,001 shares to its stake inDanaher(DHR, $256.14), which makes a variety of instruments and diagnostics equipment to support medical, industrial and commercial processes.Tran now holds a total of 267,376 shares, which were worth $60.1 million at the end of Q1. The DHR stake is Tran's fourth-largest holding, accounting for 5.4% of its stock portfolio value. The hedge fund has been an investor in DHR since the first quarter of 2014, though even with the latest purchase, it still currently owns just 0.04% of the company's shares outstanding.The Street is likewise bullish on this healthcare name, which stands to benefit from the pharmaceutical industry's ongoing efforts against the novel coronavirus. Indeed, analysts' consensus recommendation on DHR comes to Buy, according to S&PGlobal MarketIntelligence.\"We believe that Danaher is well positioned to help biopharma companies develop new medicines, including treatments and vaccines for COVID-19,\" writes Argus Research analyst David Toung, who rates DHR at Buy. \"We expect recent strong customer demand to be sustained over the remainder of 2021.\"Abbott LaboratoriesMarket value:$207.3 billionBillionaire investor:Polen Capital ManagementPercent of portfolio:5.6%Polen Capital Management's top four stock picks are a who's who of hot-growth, mega-cap tech stocks: Facebook (FB), Microsoft (MSFT), Google-parent Alphabet's Class C shares (GOOG) and Adobe (ADBE).So it's kind of neat to see that the hedge fund's fifth-largest position is an income investor's dream.Abbott Laboratories(ABT, $116.65) is as stalwart a divided payer as they come. It's a member of the S&P Dividend Aristocrats, an index ofdividend stocks that have increased their payouts annually for at least 25 consecutive years.ABT, which manufactures a wide variety of healthcare goods, such as branded generic drugs, medical devices and nutrition and diagnostic products, has hiked its dividend for 49 years and counting. The last increase came in December: a whopping 25% improvement to 45 cents per share.Polen, a hedge fund based in Boca Raton, Florida, with AUM of more than $46 billion, has owned a stake in ABT since the third quarter of 2019. Most recently, it upped its position by 1%, or 220,118 shares. Polen's total of 20.7 million shares was worth $2.5 billion at the end of Q1, and accounted for 5.6% of its portfolio value.Importantly, Polen owns 1.2% of Abbott Lab's shares outstanding, putting it among the company's 15 largest investors.UnitedHealth GroupMarket value:$388.7 billionBillionaire investor:Allen Investment ManagementPercent of portfolio:5.7%UnitedHealth Group(UNH, $411.92) is a hedge-fund favorite, and Wall Street gives it high marks too.As the largest health insurer by both market value and revenue – and a member of the Dow Industrials to boot – UNH is sort of a must-have stock for institutional investors seeking broad exposure to the healthcare sector.Meanwhile, analysts' consensus recommendation on the name comes to Buy. Of the 27 analysts covering the stock tracked by S&P Global Market Intelligence, 16 rate UNH at Strong Buy, six say Buy, three have it at Hold and one calls it a Sell.\"With the increase in Covid-19 vaccinations, we expect medical utilization patterns to return to normal levels, while at the same time we anticipate higher utilizations resulting from missed medical visits and delayed electives,\" writes CFRA Research analyst Sel Hardy, who rates the stock at Strong Buy.So it's only fitting that Allen Investment Management, a New York hedge fund with $9.3 billion in AUM, upped its stake in UNH by 2%, or 21,086 shares, during the first quarter.At 5.7% of the portfolio, UNH is the fund's third-largest position, trailing only Allen stock picks Alphabet Class C shares and Facebook. The hedge fund's stake of 990,525 shares was worth $368.5 million at the end of the first quarter.Gaming and Leisure PropertiesMarket value:$10.8 billionBillionaire investor:Gates Capital ManagementPercent of portfolio:6.0%Gates Capital Management is a fan of one of Wall Street pros' favorite Nasdaq stocks. The New York hedge fund with $3 billion in AUM upped its stake inGaming and Leisure Properties(GLPI, $46.36) by 35%, or more than 1 million shares, during the first quarter.Gates Capital now holds 3.9 million shares in thisreal estate investment trust (REIT)– a stake worth $165.6 million as of March 31.Analysts like this casino real estate play thanks to both a snazzy dividend yield and attractive growth prospects coming out of the pandemic. The company, whose properties include the Belle of Baton Rouge and Argosy Casino Riverside in Missouri, collected 100% of its rents in 2020.Mizuho Securities initiated coverage of Gaming and Leisure Properties at Buy in late March, citing its unique attributes in an industry set to benefit from a recovery in consumer spending and gaming revenue.\"GLPI is the most diversified of the three Gaming REITs, with strong underlying tenant credit and structural lease enhancements, resulting in a lower-risk platform that we believe is under-appreciated by the market,\" writes Mizuho analyst Haendel St. Juste.Analysts' consensus recommendation on the name stands at Strong Buy, according to S&P Global Market Intelligence.The bull case for GLPI makes it easy to understand why Gates Capital increased its exposure to a stock it first bought back in 2013. The hedge fund holds 1.7% of GLPI's shares outstanding, making it the REIT's 12th largest investor.S&P GlobalMarket value:$91.4 billionBillionaire investor:Chris Hohn (TCI Fund Management)Percent of portfolio:6.0%Activist investor Chris Hohn has made quite a name for himself with The Children's Investment Fund Management – more commonly known as TCI Fund Management. Indeed, the London-based investor has parlayed his many stock picks into a personal net worth of $5.9 billion, per Forbes.TCI, with more than $34 billion in managed securities, made a handful of moves in Q1, and none was bigger in percentage terms than its doubling down (and then some) onS&P Global(SPGI, $379.47).Hohn increased the fund's stake in SPGI by 147% – by far its largest addition of the quarter in percentage terms – adding 3.5 million shares. TCI now owns 5.9 million shares in the company behind S&P Global Ratings, S&P Global Market Intelligence and S&P Global Platts.The stake, worth $2.1 billion at the end of Q1, accounts for 6.0% of TCI's portfolio value, and gives Hohn ownership of 2.4% of S&P's shares outstanding. That makes TCI the company's sixth-largest shareholder.Although most investors probably know S&P for its majority stake in S&P Dow Jones Indices – which maintains the benchmark S&P 500 index and the blue-chip Dow Jones Industrial Average – it's also a central player in corporate and financial analytics, information and research.Dedicated long-term income investors probably already know thatSPGI happens to be a Dividend Aristocrat. The company has increased its dividend annually for nearly half a century.AbbVieMarket value:$199.9 billionBillionaire investor:Avidity Partners ManagementPercent of portfolio:6.3%AbbVie(ABBV, $113.20) was spun off from the above-mentioned Abbott Laboratories in 2013. It too, is a Dividend Aristocrat, having lifted its dividend annually for almost half a century.Consumers best know the pharma firm for Humira, a blockbuster drug for rheumatoid arthritis that has been approved for numerous other ailments. AbbVie also makes cancer drug Imbruvica, as well as testosterone replacement therapy AndroGel.Avidity Partners Management, a Dallas hedge fund with AUM of $6.2 billion, focuses primarily on stock picks in the healthcare sector, and it has been a fan of AbbVie since the fourth quarter of 2019. Most recently, it upped its stake in the pharma giant by 53%, or 721,200 shares. Avidity now holds a total of nearly 2.1 million shares in ABBV, worth $225 million at the end of Q1.At 6.3% of its equity portfolio, AbbVie is Avidity's single largest position. That's up from 4.7% about three months ago.The Street is a solid fan of ABBV, too. Analysts' consensus recommendation stands at Buy, with 11 Strong Buy ratings, six Buys and five Hold calls. One analyst has a Sell recommendation on the stock.\"AbbVie is developing new growth drivers to help offset slowing sales of Humira, still its largest product by revenue,\" writes Argus Research analyst David Toung, who rates the stock at Buy. \"We expect continued strong growth from the oncology portfolio and newer immunology drugs in 2021.\"Applied MaterialsMarket value:$126.2 billionBillionaire investor:Bristol Gate Capital PartnersPercent of portfolio:6.3%Bristol Gate Capital Partners, a Toronto hedge fund with AUM of $1.7 billion, initiated a position inApplied Materials(AMAT, $138.13) in the first quarter.And what a commitment it was. The new purchase of 783,931 shares, worth $105 million at the end of Q1, vaulted the position to Bristol Gate's top holding, accounting for 6.3% of its portfolio.Applied Materials, which provides manufacturing equipment and technology to the semiconductor industry, is an allied play on the global chip shortage. Indeed, relentless demand for semiconductors from a wide range of industries has helped AMAT stock jump about 60% for the year-to-date.The Street is heavily bullish on the name, too. Analysts' consensus recommendation stands at Buy, according to S&P Global Market Research. The high opinion stems in part from the Street's forecast for EPS to increase at an average annual rate of nearly 19% over the next three to five years.\"We believe underlying secular drivers are robust, broad-based and multi-year in nature,\" writes B. Riley analyst Craig Ellis, who rates AMAT at Buy.Johnson & JohnsonMarket value:$445.7 billionBillionaire investor:ACR Alpine Capital ResearchPercent of portfolio:6.3%ACR Alpine Capital Research, a large advisory with $2.5 billion in AUM, has been a long-time fan of blue-chipJohnson & Johnson(JNJ, $169.25). The St. Louis-based asset manager first invested in the Dow stock at the end of 2010, and it added incrementally to the position in Q1.ACR upped its stake in the multifaceted pharma giant by 1%, or 8,790 shares, bringing its total holdings to 704,842 shares. The stake, worth $115.8 million at quarter's end, is at the tail end of the advisory's top 10 stock picks, taking up 6.3% of ACR's total portfolio value.Analysts have a consensus recommendation of Buy on JNJ. Among the arguments in favor of the stock, bulls point to its strong pharmaceutical pipeline, as well as a rebound in demand for medical devices as patients undergo elective procedures put off during the pandemic.\"We expect the recovery in elective procedures and patient visit volumes to accelerate as the pandemic is starting to get under control in the U.S., which should result in a strong recovery in Medical Devices sales and solid growth in Pharma revenues,\" writes CFRA Research analyst Sel Hardy, who rates shares at Buy.Investors and analysts alike no doubt also appreciate the company's commitment to delivering income to investors. JNJ announced a 5% quarterly dividend increase in April 2021, to $1.06 per share from $1.01 per share. That marked this Dividend Aristocrat's 59th consecutive year of dividend increases.XilinxMarket value:$31.2 billionBillionaire investor:Canyon Capital AdvisorsPercent of portfolio:7.0%Canyon Capital Advisors, with AUM of $20.9 billion, has propelled founders Joshua Friedman and Mitchell Julis to Forbes' list of highest-earning hedge fund millionaires.So it's of interest that the Los Angeles-based fund significantly pared back on its two largest stock picks in Q1 – while greatly increasing its bet on chipmakerXilinx(XLNX, $127.00).In October 2020, Advanced Micro Devices (AMD) and Xilinx announced a deal in which AMD would acquire the latter in an all-stock transaction valued at $35 billion.Canyon first bought shares in Xilinx in the fourth quarter of 2020, at which point the stake accounted for 4.6% of the fund's portfolio value. Then in Q1, Canyon upped its XLNX holdings by 89%, or 672,829 shares.The hedge fund's total stake of 1.4 million shares, worth $176.3 million at the end of Q1, now accounts for 7.0% of its portfolio value.Canyon, with ownership of 0.58% of XLNX's shares outstanding, is a top-30 stockholder in the soon-to-be-acquired company. AMD and Xilinx expect their deal to close at the end of 2021.Analysts' consensus recommendation on XLNX stands at Hold, pending the deal close. They do, however, rate AMD at Buy, and generally applaud the strategic rationale of merging the two chipmakers' complementary assets.D.R. HortonMarket value:$34.4 billionBillionaire investor:George Soros (Soros Fund Management)Percent of portfolio:7.4%Legendary hedge-fund tycoon George Soros, with an estimated net worth of $8.6 billion, per Forbes, today spends his days running Soros Fund Management.The New York-based family office – a sort of private hedge fund – has $5.3 billion in AUM, and one of its biggest stock picks is a bet on the severe shortage of new homes for sale.Soros first took a stake in homebuilderD.R. Horton(DHI, $95.29) during the first quarter of 2019, and he apparently remains bullish on the outlook. After all, the billionaire increased his DHI stake by 19%, or 703,850 shares, in the first quarter.Soros Fund Management's most recent investment makes DHI its second-largest holding, at 7.4% of the portfolio. The stake of 4.4 million shares – worth $392.8 million at the end of Q1 – equals 1.2% of the homebuilder's shares outstanding. As such, Soros Fund Management is D.R. Horton's 15th largest shareholder.With a consensus recommendation of Buy, per S&P Global Market Intelligence, the Street is also bullish on the name.\"With inventory constraints growing across the industry and buyer demand still nearly insatiable, we think DHI remains in an extraordinarily strong position to gain further market share and leverage its sector-leading scale,\" writes Raymond James analyst Buck Horne, who rates shares at Outperform (the equivalent of Buy).MicrosoftMarket value:$1.9 trillionBillionaire investor:Chase Coleman III (Tiger Global Management)Percent of portfolio:7.4%Hedge-fund legend Chase Coleman III, with a net worth of $10.3 billion, according to Forbes, upped his bet onMicrosoft(MSFT, $249.68) in the first quarter of 2021.And he did so in a compelling fashion.Coleman's Tiger Global Management ($79 billion AUM) increased its stake in MSFT by 15%, or 1.8 million shares, in the first three months of the year. The hedge fund now owns a total of 13.7 million shares, worth $3.2 billion at the end of Q1.The MSFT stake, which accounts for 7.4% of Tiger Global's portfolio value, is second only to its bet on Chinese e-commerce company JD.com (JD), which is top among Coleman's stock picks at 9.9% of the portfolio.Tiger Global first bought MSFT in the fourth quarter of 2016, and adding to the stake certainly makes sense. Wall Street analysts mostly adore this component of the Dow Jones Industrial Average.After all, MSFT – the second-largest U.S. company by market value after Apple (AAPL) – lands among the pro's11 best Nasdaq stocks you can buy. Analysts' consensus recommendation on MSFT comes to Strong Buy, with 26 Strong Buy calls, 11 Buys and one Hold rating.TeslaMarket value:$602.3 billionBillionaire investor:Ark InvestPercent of portfolio:7.6%Ark Invest features prominently in the financial news these days, thanks to the strong performance of several of its actively managed exchange-traded funds.Indeed, as Kiplinger has noted, 2020 was the year of Cathie Wood, CEO and founder of Ark Invest, who steered its then-five separate actively managed innovation-themed funds to the ranks ofthe best-performing equity ETFsof the year.In addition to ETFs, Ark offers managed accounts and other products and services aimed at high net worth investors. Thanks to the various products and services it offers, the firm has amassed more than $55 billion in AUM.So it says something when Ark's single-largest holding isTesla(TSLA, $625.22) – especially since the firm is increasing its exposure to the electric vehicle maker at an accelerating pace.Ark boosted its TSLA position by 39%, or 1.7 million shares, during the first quarter of 2021. The stake, which accounts for 7.6% of Ark Investment Management's equity portfolio, was worth nearly $4 billion at the end of Q1.It's not hard to see why Wood likes TSLA so much. Her investment approach focuses on innovation, and Tesla, led by the mercurial Elon Musk, is nothing if not innovative.ComcastMarket value:$263.4 billionBillionaire investor:Rothschild & Company Wealth Management UKPercent of portfolio:9.0%Rothschild & Company Wealth Management UK, a London-based hedge fund with $16.4 billion in AUM, is increasingly bullish onComcast(CMCSA, $57.34).Welcome to the club.The nation's largest cable company regularly makes the list ofhedge funds' favorite stock picks. That's because its combination of content, broadband, pay TV, theme parks and movies is unparalleled by rivals, and gives thisblue-chip stocka huge strategic advantage.CMCSA's diversification came in especially handy last year when the pandemic walloped theme parks, cinemas and spending on advertising.\"While the pandemic has materially impacted Comcast, the company's steady cable division continues to provide vital connectivity for its large base of 23 million subscribers,\" writes Argus Research analyst Joseph Bonner (Buy).Rothschild first bought shares in the cable operator in the first quarter of 2019, and most recently upped its bet by 2%, or 194,324 shares. The hedge fund's total holdings of 9.2 million shares, worth $500.2 million at the end of Q1, accounted for 9.0% of its portfolio. CMCSA is now Rothchild's sixth-largest position.Analysts' consensus recommendation on the stock comes to Buy, per S&P Global Market Intelligence, with 20 Strong Buy ratings, nine Buys, four Holds and one Strong Sell. The Street expects the company to deliver average annual EPS growth of nearly 16% over the next three to five years.AptivMarket value:$40.7 billionBillionaire investor:Caxton AssociatesPercent of portfolio:9.4%Billionaire philanthropist Bruce Kovner, with an estimated net worth of $6.6 billion, retired from his management role at Caxton Associates a decade ago. But the hedge fund he founded continues to rake in the bucks with his global macroeconomic trading strategies.Indeed, Caxton last year closed its flagship fund to new money after posting record 40% gains during the pandemic. And the firm shows no signs of slowing down.Caxton, with AUM of $25.7 billion, has ownedAptiv(APTV, $150.42) since the first quarter of 2019, but it really went all in earlier this year.Caxton upped its stake in APTV by 61%, or 285,618 shares. Indeed, the purchase made APTV the fund's top stock pick, accounting for 9.4% of the portfolio, up from 4.2% three months ago. Caxton's 747,843 shares were worth $103.1 million at the end of Q1.Shares in Aptiv, which makes safety, connectivity and green technology for vehicles, have essentially doubled over the past 52 weeks, and analysts say they have more room to run.\"Aptiv indeed is not only benefitting from accelerating industry adoption of vehicle electrification, advanced driver-assistance systems, and connected vehicle technologies, but also achieving dominant win rates in several of these areas based on its complete system knowledge, and software-based flexible architectures,\" writes Deutsche Bank analyst Emmanuel Rosner (Buy).AdobeMarket value:$241.2 billionBillionaire investor:Atalan Capital PartnersPercent of portfolio:9.6%Atalan Capital Partners, a New York hedge fund with AUM of $2 billion, boosted its stake inAdobe(ADBE, $504.58) in Q1, which vaulted the software company into the No. 2 spot among its stock picks.Atalan increased its holdings by 38%, or 82,000 shares, in Q1, lifting its total stake to 295,000 shares worth $140.2 million as of March 31. The position accounts for 9.6% of the portfolio.Atalan first picked up ADBE in the second quarter of 2020, which was not the best timing. Shares are up just about 16% since June 30 of last year, lagging the S&P 500 by roughly 20 percentage points.That's not to say ADBE stock won't continue to be a winner in the longer run. Analysts tend to be heavily bullish on the name, thanks to its dominance in its field. After all, Adobe is the undisputed leader in making software for designers and other creative types. Its software arsenal includes Photoshop, Premiere Pro for video editing and Dreamweaver for website design, among others.\"As a result of its early-mover position and strategic M&A transactions, Adobe has established itself as the unchallenged leader in Creative software,\" writes Stifel analyst Jeffrey Parker Lane (Buy). \"We view Adobe as one of the most compelling investment cases in our coverage areas.\"The Street's consensus recommendation stands at Buy, with an annual EPS growth forecast of more than 15% over the next three to five years.Thermo Fisher ScientificMarket value:$184.5 billionBillionaire investor:Cryder Capital PartnersPercent of portfolio:9.7%Thermo Fisher Scientific(TMO, $469.50), is sometimes called the \"Amazon of the healthcare industry\" because of its wide-ranging portfolio of life sciences products, analytics and laboratory instruments.As such, it has been highly active in the fight against COVID-19, which in turn has raised its profile and investor interest. And although TMO has been a holding of Cryder Capital Partners since 2015, the hedge fund remains an incremental buyer.London-based Cryder Capital, with $1 billion in AUM, lifted its stake in TMO by 2%, or 6,398 shares, during the first three months of the year. The hedge fund now holds a total of 298,587 shares, worth $136.3 million as of March 31. Despite a high weight of 9.7%, TMO is just seventh largest among the fund's stock picks.Analysts' consensus recommendation stands at Strong Buy, according to S&P Global Market Intelligence. Argus Research is just one research shop in the bull camp.\"Thermo is seeing strong demand for COVID-19 testing solutions as well as for instruments and supplies used by developers of vaccines and other treatments,\" writes analyst David Toung (Buy). \"But the company is also investing its substantial cash flow in technology upgrades, capacity expansions and acquisitions.\"With an average target price of $557.17, the Street gives TMO stock implied upside of about 18% in the next 12 months or so.VisaMarket value:$484.8 billionBillionaire investor:Valley Forge Capital ManagementPercent of portfolio:10.2%Visa(V, $227.30) routinely makes most lists of analysts', hedge funds' or billionaires' favorite stocks.Berkshire Hathaway(BRK.B)owns a stake worth more than $2 billion, although chairman and CEO Warren Buffett readily credits the holding to one of his stock-picking lieutenants.And indeed, there is much to like about this Dow stock. Visa operates the world's largest payments network, and thus is well-positioned to benefit from the growth of cashless transactions and digital mobile payments.The Street's consensus recommendation is a high-conviction Buy. Of the analysts covering the stock tracked by S&P Global Market Intelligence, 21 call V a Strong Buy, 12 rate it at Buy, four say Hold and one calls it a Sell.Valley Forge Capital Management, a hedge fund in Wayne, Pennsylvania, with $1.1 billion in AUM, is certainly a big believer. Visa accounts for 10.2% of its equity portfolio.The fund increased its Visa stake by 88%, or 477,181 shares, in Q1. It now holds more than 1 million shares worth $215 million as of March 31. Mind you, Valley Forge Capital is hardly a novice in this stock. The fund has counted Visa among its stock picks since 2016.Although the pandemic greatly curtailed spending in a number of Visa's categories – most notably travel and entertainment – those headwinds should now be in the past. Indeed, the gradual global reopening – and accelerating secular growth in cashless payments, helped by the perception that cash is \"dirty\" – make a solid bull case for Visa stock.IntelMarket value:$230.7 billionBillionaire investor:Cavalry Management GroupPercent of portfolio:10.4%Intel(INTC, $57.12) has fallen far behind the competition on any number of fronts, which is why analysts and investors were so delighted when the chipmaker hired Pat Gelsinger, former CEO of VMWare (VMW), to take over in February.Heck, some observers said it was the best decision the troubled company made in more than a decade. And, indeed, this Dow stock has been a disappointing performer. Shares are up just 3% over the past three years vs. a gain of 54% for the S&P 500.So props to Cavalry Management Group for making a bold bet on the semiconductor company earlier this year. The San Francisco hedge fund with $2.6 billion in AUM initiated a large enough position to instantly make Intel its top stock pick.Cavalry Management bought 1.7 million shares during the first three months of 2021. With a value of $111.6 million at the end of Q1, INTC accounted for more than 10% of the hedge fund's investments.Cavalry largely focuses on large-cap tech stocks, so Intel certainly fits well with its broader strategy. Other moves the fund made in Q1 included more than tripling its stake in Microsoft, and almost doubling its holdings in Ericsson (ERIC).The Street is generally more cautious on INTC than Cavalry Management is. Analysts' consensus recommendation stands at Hold, per S&P Global Market Intelligence.PayPal HoldingsMarket value:$305.5 billionBillionaire investor:Dorsey Asset ManagementPercent of portfolio:11.8%Digital mobile payments and the expansion of cashless transactions are one of the hottest areas of growth in financial tech. And although the sector offers no shortage of promising new names, old-timerPayPal Holdings(PYPL, $260.02) still gets plenty of analyst – and billionaire investor – love.Explosive growth in mobile transactions, the monetization of its Venmo property and incremental revenue growth in its Xoom business all help make for a compelling bull case on PYPL, analysts say.\"Simply put, PayPal should continue to benefit from the secular shift to e-commerce that should drive a roughly 20% revenue compound annual growth rate (CAGR), which, coupled with margin expansion and capital allocation (mergers & acquisitions plus stock buybacks), should result in an earnings CAGR north of 20% over the next several years,\" writes Raymond James analyst John Davis, who rates the stock at Outperform (the equivalent of Buy).Dorsey Asset Management, with $1.3 billion in AUM, embraces the bull case on PYPL in a big way. The Chicago-based hedge fund increased its stake in PayPal by 81%, or 209,025 shares, in Q1. Its total holdings of 465,266 shares, worth $113 million as of March 31, comprises 11.8% of its stock investments.That's up from 7.9% of the portfolio three months ago. PYPL, which Dorsey has owned since the second quarter of 2018, is now its fifth-largest position.Analysts' consensus recommendation on the stock stands at Buy, according to S&P Global Market Intelligence.Howard HughesMarket value:$5.8 billionBillionaire investor:Bill Ackman (Pershing Square Capital)Percent of portfolio:12.1%No one doubts Bill Ackman's investing acumen. His Pershing Square Capital hedge fund has allowed the investor to amass a personal fortune of $3 billion, per Forbes.And he's never been one to shy away from the media. So his increasing stake inHoward Hughes Corp.(HHC, $105.83) is far from a state secret. Indeed, Ackman has owned shares in the master-planned community developer since it was spun off from General Growth Properties in 2010.Given Ackman's propensity for being anactivist investor, his latest purchase is eyebrow-raising news, nonetheless.The hedge-fund billionaire increased his stake in HHC by 23%, or 2.6 million shares, in Q1. Pershing Square's stake of 13.5 million shares was worth $1.3 billion at the first quarter's end.Most notably, Ackman now holds almost a quarter of HHC's shares outstanding. That makes the hedge fund the company's largest investor by a wide margin. Asset manager Vanguard, at No. 2, owns just 10.8% of HHC.Meanwhile, HHC, at 12.1% of its portfolio, is now Pershing Square Capital's sixth-largest position.For those keeping score at home, HHC stock has doubled over the past 52 weeks vs. a gain of about 38% for the S&P 500. For the year-to-date, it's up by more than a third. That compares with the broader market's gain of about 12% so far this year.Only three analysts cover HHC, according to S&P Global Market Intelligence. One rates it at Strong Buy, while the other two say Buy.Lowe'sMarket value:$137.7 billionBillionaire investor:Two Creeks Capital ManagementPercent of portfolio:12.2%Two Creeks Capital Management, a New York hedge fund with AUM of $2.8 billion, made a big addition to its stake inLowe's(LOW, $194.83) in the first quarter – a move most analysts would regard as wise.The nation's second-largest home improvement retailer after Home Depot (HD) benefited greatly from the work-from-home/stuck-at-home reality of pandemic life. Analysts say many of the do-it-yourself habits consumers adopted during COVID times are here to stay. Lowe's is also being aided by the ultra-tight housing market.The Street gives LOW a consensus recommendation of Buy. Argus Research, which counts itself in the Buy camp, says Lowe's has several strong tailwinds behind it.\"We believe that the major drivers of post-pandemic sales growth remain the same,\" writes Argus Research analyst Christopher Graja. \"There has been significant underinvestment in housing. About 70% of U.S. homes are more than 25 years old and likely in need of upgrades and repairs. Millennials are starting families.\"Income investors know the power of Lowe's dividend over the longer haul. The Dividend Aristocrat has paid a cash distribution every quarter since going public in 1961, and that dividend has increased annually for almost 60 years.The bullish investment thesis led Two Creeks to up its stake in this stock pick by 14%, or 132,811 shares, in Q1. The hedge fund's total stake of 1.1 million LOW shares, worth $200 million at the end of Q1, accounts for 12.2% of its portfolio, representing its third-largest holding.AlphabetMarket value:$1.6 trillionBillionaire investor:Metropolis CapitalPercent of portfolio:13.3%It should come as no surprise that hedge funds are big believers in Google parentAlphabet(GOOGL, $2,356,85). Metropolis Capital, a U.K.-based investor with $1.4 billion in AUM, is just one of about 225 hedge funds upping its stake in the internet giant in Q1.Metropolis thinks highly enough of the search leader that it increased its stake by 22%, or 13,679 shares. The firm now holds a total of 74,868 shares worth $154.4 million, or 13.3% of its total portfolio, as of March 31.Alphabet happens to be in good company at this hedge fund. GOOGL is Metropolis' second-largest stock pick after Berkshire Hathaway (BRK.B).If nothing else, Alphabet's pandemic performance in totality bolstered the case that GOOGL is not a one-trick pony. Its numerous other endeavors likewise shore up the case. For example, Alphabet is a key player in cloud-based services, and home to Nest Labs and self-driving car startup Waymo. Artificial intelligence, machine learning and virtual reality are other areas of heavy investment.\"We continue to favor Google as a core large-cap growth holding given the strong digital advertising backdrop, continued strength from Cloud, ongoing share repurchases (with the newly authorized $50 billion program) and a reasonable valuation,\" writes Canaccord Genuity analyst Maria Ripps (Buy).Analysts' consensus recommendation on the name stands at Strong Buy. Of the 45 analysts issuing opinions on the stock tracked by S&P Global Market Intelligence, 32 rate it at Strong Buy, 12 say Buy and one has it at Hold.Walt DisneyMarket value:$324.6 billionBillionaire investor:Kirkoswald Asset ManagementPercent of portfolio:16.5%Coronavirus took a huge bite out of some ofWalt Disney's(DIS, $178.65) most important businesses: namely, its theme parks and studios. But after encouraging quarterly results, analysts say business is set to bounce back in a big way.Disneyland and other California amusement parks have reopened with restrictions. And admissions at Florida's Disney World continue to climb.\"With mask mandates lifted and capacity constraints loosened further, we would not be surprised to see a step change in attendance in the near future,\" writes Deutsche Bank analyst Bryan Kraft (Buy).But that's nothing compared to what DIS has on its hands in thestreaming mediawars.Disney+ is a smashing success. The streaming platform, which launched in November 2019, has already amassed almost 100 million subscribers – a staggering rate of growth. Consider that Disney+ now has about half as many subscribers as Netflix (NFLX) – but Netflix had a roughly 12-year head start.Kirkoswald Asset Management, a New York hedge fund with AUM of $4 billion, decided to get in on DIS asa recovery stock pickin Q1. It initiated a stake of 5,200 shares, worth almost $1 million, during the first three months of the year.The new stake immediately made DIS its second-largest position among $5.8 million in managed securities.Most of the Street would approve of Kirkoswald's investment. Analysts have a consensus Buy recommendation on this Dow stock.Berkshire HathawayMarket value:$661.0 billionBillionaire investor:Southeast Asset AdvisorsPercent of portfolio:16.8%If you can't beat 'em, join 'em.It's hard to compete with Warren Buffett when it comes toasset allocation. As CEO and chairman ofBerkshire Hathaway(BRK.B, $289.44), he's arguably the greatest long-term investor of all time.So it's little wonder that so many hedge funds, large advisories and other billion-dollar-plus pools of money throw in their lots with the Oracle of Omaha.Southeast Asset Advisors, an investment manager and hedge fund based in Thomasville, Georgia, with $1.6 billion in AUM, has been a BRK.B shareholder since 2008. Indeed, BRK.B, at 16.8% of its portfolio, is the fund's top holding.And it's only getting bigger.Southeast increased its stake in BRK.B by 2%, or 7,747 shares, in Q1. It now holds 365,149 shares worth $93.3 million. Only Alphabet Class C shares (GOOG) come close to the firm's BRK.B stake, accounting for 11.7% of the portfolio.BRK.B has been an outstanding performer both in 2021 and over the past 52 weeks. The stock is up 25% for the year-to-date, essentially doubling the S&P 500's gains. And over the past year? BRK.B returned 57% vs. a price increase of less than 40% for the broad-market gauge.Only four analysts cover BRK.B stock, per S&P Global Market Intelligence. Their consensus recommendation comes to Buy.AlibabaMarket value:$580.4 billionBillionaire investor:Conifer ManagementPercent of portfolio:20.7%Conifer Management, a New York hedge fund with $7.7 billion in AUM, has more than a fifth of its portfolio invested in Chinese e-commerce giantAlibaba(BABA, $213.96).Indeed, after upping its stake by 147%, or 884,845 shares, in Q1, BABA is Conifer's top holding. Its total stake of 1.5 million shares was worth $336.7 million at the end of the first quarter.Conifer initiated its stake in BABA only in the final quarter of last year. To the hedge fund's credit, this stock pick is a highly defensible investment idea.Alibaba is sometimes called the Amazon of China. There are important differences between the two, but they do share the enviable trait of being undisputed titans ine-commerce.And like Amazon, Alibaba has never shied away from investing heavily to both build out its existing businesses and enter new ones. As a result, BABA finds itself spreading beyond its core e-commerce business into cloud computing, digital payments and more.It also helps that BABA and investors can now move past a $2.75 billion fine imposed by Chinese regulators for violating anti-monopoly laws.Some analysts worry about decelerating revenue in the company's cloud services business, but the majority of the Street sees recent share-price weakness as a buying opportunity.The consensus recommendation of 49 analysts tracked by S&P Global Market Intelligence comes to Strong Buy on BABA stock.MastercardMarket value:$357.4 billionBillionaire investor:Valley Forge Capital ManagementPercent of portfolio:22.6%If Valley Forge Capital Management likes Visa – as noted above – it absolutely adores competitorMastercard(MA, $360.58).The Wayne, Pennsylvania-based hedge fund with $1.1 billion in AUM almost doubled its stake in this stock pick in the first quarter. And with more than a fifth of its portfolio tied up in the payments processor, Mastercard is Valley Forge's top holding.The hedge fund bought another 665,544 shares, representing a 98% increase, in Q1, bringing its total holdings to 1.3 million shares. The position was worth $477.9 million as of March 31.Valley Forge, which owns 0.14% of MA's shares outstanding, has been an investor in the company since 2016. It's a bet that appears to have done quite well. Mastercard stock's five-year total return – price appreciation plus dividends – comes to 30.8%, according to Morningstar data. That beats its sector by 5.7 percentage points and leads the broader market by 13.4 percentage points.Like Visa, Mastercard has relentless growth in digital mobile payments and other cashless transactions at its back.\"Mastercard is a key beneficiary of the long-term secular shift toward electronic forms of payments, and that new technology is helping accelerate the shift,\" writes William Blair analyst Robert Napoli (Outperform)And, just like Visa, MA has a lot of fans on the Street. Analysts' consensus recommendation stands at Buy.FacebookMarket value:$932.1 billionBillionaire investor:Altarock PartnersPercent of portfolio:24.4%There's a strong bull case to be made forFacebook(FB, $328.73), the social media giant that forms a digital-ad duopoly with Google. Just ask Altarock Partners.This hedge fund, based in Beverly, Massachusetts, with AUM of $3.1 billion, has almost a quarter of its portfolio socked away in Facebook stock. After buying another 465,800 shares, a 27% increase, in Q1, the hedge fund is sitting on 2.2 million shares worth $641.4 million as of March 31.That makes FB Altarock's second-largest holding.And just who is at No. 1?None other than Google parent Alphabet, which commands 25.1% of Altarock's investment portfolio.The hedge fund first bought FB in the fourth quarter of last year, so it's building up its position on the stock pick pretty rapidly. And well it should, if analysts are right about this name.The Street's consensus recommendation on FB stands at Strong Buy, as analysts forecast the company to deliver truly impressive profit growth for some time.\"We believe Facebook's share gains during the pandemic and new initiatives in e-commerce can drive many years of above-market growth,\" writes Stifel analyst John Egbert (Buy). \"We are comfortable with the potential outcomes of antitrust inquiries and believe FB shares offer investors a rare combination of growth and value relative to its peers.\"SeagenMarket value:$28.2 billionBillionaire investor:Felix and Julian Baker (Baker Bros. Advisors)Percent of portfolio:29.7%Seagen(SGEN, $155.35), a biotechnology firm specializing in oncology treatments, couldn't get a bigger vote of confidence than being the top holding of Baker Bros. Advisors.This New York-based hedge fund with $35.8 billion in AUM is led by billionaire biotech investors Julian and Felix Baker. The brothers may keep a low profile, but they're plenty famous in the world ofbiotech stocks. A series of successful investments have allowed the Bakers to build an estimated combined fortune of about $4 billion, according to Forbes.And judging by their latest regulatory filings, the brothers have great expectations for Seagen, too. The stock pick accounts for nearly 30% of the total value of the Baker Bros.' holdings, up from 28.5% three months ago.The increase stems in part from Baker Bros. buying another 347,745 shares in SGEN in the first quarter of 2021. The fund's total holdings of 47.6 million shares were worth more than $7 billion at the end of Q1.The stake gives Baker Bros. ownership of 26.3% of SGEN's shares outstanding, which makes it the biotech company's largest shareholder by a wide margin. The second-largest investor – Capital Research and Management – holds only 8.6% of SGEN's shares outstanding.The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.TRENDING TOPICSTRENDING ARTICLES","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111461730,"gmtCreate":1622693114520,"gmtModify":1704189075627,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/111461730","repostId":"1115876867","repostType":4,"repost":{"id":"1115876867","kind":"news","pubTimestamp":1622678071,"share":"https://ttm.financial/m/news/1115876867?lang=&edition=fundamental","pubTime":"2021-06-03 07:54","market":"us","language":"en","title":"Shares of retail favorite AMC nearly double, company woos investors with free popcorn","url":"https://stock-news.laohu8.com/highlight/detail?id=1115876867","media":"Reuters","summary":"Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on W","content":"<p>Shares of retail investor favorite <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has captivated investors.</p><p>The theater chain operator's shares closed up 95.2% at $62.55, a fresh record. At the close, AMC's market value stood at $28.17 billion, more than ViacomCBS(VIAC.O)and <a href=\"https://laohu8.com/S/K\">Kellogg</a>(K.N), as well as fellow meme-stock <a href=\"https://laohu8.com/S/GME\">GameStop</a>(GME.N).</p><p>In an apparent nod to the retail investors that have hyped the stock in forums such as Reddit’s popular WallStreetBets, AMC CEO Adam Aron on Wednesday announced an initiative that offered even the smallest shareholder a free large popcorn if they signed up to a regular newsletter.</p><p>Among other so-called meme stocks - companies popular with a new generation of social media centric traders on WallStreetBets and other online forums - security software provider <a href=\"https://laohu8.com/S/BBRY\">BlackBerry</a> and headphone maker <a href=\"https://laohu8.com/S/KOSS\">Koss</a> Corp(KOSS.O)rose 31.1% and 68.6%, respectively.</p><p>The massive rise in AMC's shares, which are up about 2,850% from just over $2 at the end of last year, is beginning to resemble the wild ride in shares of <a href=\"https://laohu8.com/S/GME\">GameStop</a> earlier this year.</p><p>\"It's meme stock 2.0.,” said Steve Sosnick, Chief Strategist at <a href=\"https://laohu8.com/S/IBKR\">Interactive Brokers</a>.</p><p>GameStop shares rose more than 1,600% in January, buoyed in part by bearish investors unwinding their bets against the heavily shorted stock in the face of a massive buying surge.</p><p>'GAMMA SQUEEZE'</p><p>Some of the upward price move in AMC is likely being driven by market makers buying up stock to hedge their exposure from selling options, an event known as a “gamma squeeze,” analysts said.</p><p>\"People have learnt what tactics work under these insane circumstances. They are using a very similar play-book,\" Sosnick said.</p><p>Call options that would pay off if the shares topped $73 by Friday were the most heavily trade AMC options on Wednesday, with about 233,000 contracts changing hands.</p><p>With shares approaching that level, market makers who sold these and other similarly bullish contracts were left with no choice but to buy up AMC stock to hedge their own risk, thereby exacerbating the rise in the share price, analysts said.</p><p>\"Market makers are just chasing the stock,\" said Matt Amberson, principal at options analytics firm ORATS.</p><p>Wednesday’s near doubling of the stock price will likely test investors that have shorted AMC. Bearish investors were down $5.2 billion for the year and lost nearly $2.8 billion on Wednesday alone, data from S3 showed.</p><p>\"If you began your short at under $10 and you were sure the stock was overvalued at $10 it makes more sense that it’s over valued at $30 or $70,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, \"at a certain point your losses outweigh your thesis.\"</p><p>The surge in AMC shares comes a day after hedge fund Mudrick Capital Management LP sold a $230 million stake in the company for a profit shortly after acquiring it, saying the stock was overvalued, according to a source.</p><p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> appeared unfazed by the sale, which some analysts characterized as an attempt to cash in on the retail-driven surge in its stock.</p><p>\"There's a retail fanaticism with this stock right now,\" said MKM Partners analyst Eric Handler, who has a sell rating and a $1 price target on AMC stock. \"There's such a disconnect between what the stock's doing and what the fundamentals look like.\"</p><p>On <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> and WallStreetBets, some users exhorted <a href=\"https://laohu8.com/S/AONE\">one</a> another to hold on to their shares of AMC while others cheered on the rally.</p><p>\"$amc let’s go again to $100 and beyond,\" wrote <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> user @Rodolf30592158.</p><p>AMC was the most heavily traded name in options on Wednesday, with 4.6 million contracts traded. About $39 billion worth of AMC shares was traded on Wednesday, by far the most of any stock on Wall Street, per Refinitiv data.</p><p>The company has been among the biggest gainers from a deluge of interest in so-called meme stocks.</p><p>\"The (retail trading) party could go on as long as investors could continue co-acting,\" said Ipek Ozkardeskaya, senior analyst at Swissquote. \"The problem is, the higher the price goes, the higher is the temptation to take profit and walk away.\"</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>Shares of retail favorite AMC nearly double, company woos investors with free popcorn</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\">\nShares of retail favorite AMC nearly double, company woos investors with free popcorn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has ...</p>\n\n<a href=\"https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115876867","content_text":"Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has captivated investors.The theater chain operator's shares closed up 95.2% at $62.55, a fresh record. At the close, AMC's market value stood at $28.17 billion, more than ViacomCBS(VIAC.O)and Kellogg(K.N), as well as fellow meme-stock GameStop(GME.N).In an apparent nod to the retail investors that have hyped the stock in forums such as Reddit’s popular WallStreetBets, AMC CEO Adam Aron on Wednesday announced an initiative that offered even the smallest shareholder a free large popcorn if they signed up to a regular newsletter.Among other so-called meme stocks - companies popular with a new generation of social media centric traders on WallStreetBets and other online forums - security software provider BlackBerry and headphone maker Koss Corp(KOSS.O)rose 31.1% and 68.6%, respectively.The massive rise in AMC's shares, which are up about 2,850% from just over $2 at the end of last year, is beginning to resemble the wild ride in shares of GameStop earlier this year.\"It's meme stock 2.0.,” said Steve Sosnick, Chief Strategist at Interactive Brokers.GameStop shares rose more than 1,600% in January, buoyed in part by bearish investors unwinding their bets against the heavily shorted stock in the face of a massive buying surge.'GAMMA SQUEEZE'Some of the upward price move in AMC is likely being driven by market makers buying up stock to hedge their exposure from selling options, an event known as a “gamma squeeze,” analysts said.\"People have learnt what tactics work under these insane circumstances. They are using a very similar play-book,\" Sosnick said.Call options that would pay off if the shares topped $73 by Friday were the most heavily trade AMC options on Wednesday, with about 233,000 contracts changing hands.With shares approaching that level, market makers who sold these and other similarly bullish contracts were left with no choice but to buy up AMC stock to hedge their own risk, thereby exacerbating the rise in the share price, analysts said.\"Market makers are just chasing the stock,\" said Matt Amberson, principal at options analytics firm ORATS.Wednesday’s near doubling of the stock price will likely test investors that have shorted AMC. Bearish investors were down $5.2 billion for the year and lost nearly $2.8 billion on Wednesday alone, data from S3 showed.\"If you began your short at under $10 and you were sure the stock was overvalued at $10 it makes more sense that it’s over valued at $30 or $70,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, \"at a certain point your losses outweigh your thesis.\"The surge in AMC shares comes a day after hedge fund Mudrick Capital Management LP sold a $230 million stake in the company for a profit shortly after acquiring it, saying the stock was overvalued, according to a source.Investors appeared unfazed by the sale, which some analysts characterized as an attempt to cash in on the retail-driven surge in its stock.\"There's a retail fanaticism with this stock right now,\" said MKM Partners analyst Eric Handler, who has a sell rating and a $1 price target on AMC stock. \"There's such a disconnect between what the stock's doing and what the fundamentals look like.\"On Twitter and WallStreetBets, some users exhorted one another to hold on to their shares of AMC while others cheered on the rally.\"$amc let’s go again to $100 and beyond,\" wrote Twitter user @Rodolf30592158.AMC was the most heavily traded name in options on Wednesday, with 4.6 million contracts traded. About $39 billion worth of AMC shares was traded on Wednesday, by far the most of any stock on Wall Street, per Refinitiv data.The company has been among the biggest gainers from a deluge of interest in so-called meme stocks.\"The (retail trading) party could go on as long as investors could continue co-acting,\" said Ipek Ozkardeskaya, senior analyst at Swissquote. \"The problem is, the higher the price goes, the higher is the temptation to take profit and walk away.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169898120,"gmtCreate":1623825784660,"gmtModify":1703820632153,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169898120","repostId":"2143375006","repostType":4,"repost":{"id":"2143375006","kind":"highlight","pubTimestamp":1623825047,"share":"https://ttm.financial/m/news/2143375006?lang=&edition=fundamental","pubTime":"2021-06-16 14:30","market":"us","language":"en","title":"4 things to watch for when the Fed meets Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2143375006","media":"MarketWatch","summary":"Despite the big spike in inflation, the Federal Reserve is set to signal on Wedesday that it is not ","content":"<p>Despite the big spike in inflation, the Federal Reserve is set to signal on Wedesday that it is not going to change interest rate policy anytime soon -- at least through the end of 2022, economists say.</p>\n<p>\"The message this week will likely be a heavy dose of 'still a long way to go' sprinkled with concerns about upside risks to inflation,\" wrote Michael Gapen, chief U.S. economist at Barclays.</p>\n<p>The Fed meets Tuesday and Wednesday this week against a backdrop of the consumer price index up 5% annual rate.</p>\n<p>The Fed is still buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month along with keeping its benchmark rate close to zero, in order to support the economy.</p>\n<p>Fed officials have guided the market that it won't scale back the asset purchases until it sees \"substantial further progress\" towards its unemployment target in particular as the economy recovers from the pandemic. Slowing back asset purchases would be taking the central bank's foot off the gas -- a long way from actually tapping on the brakes with higher interest rates.</p>\n<p>Economists think markets have been so far surprisingly complacent about inflation. The yield on the 10-year Treasury note has fallen to 1.5% from closer to 1.64% just after the Fed's last meeting in late April.</p>\n<p>Here's a look at what economists and investors will be watching for Wednesday when the Fed concludes the two-day meeting. Fed officials will release a statement at 2pm Eastern followed by a press conference from Fed Chairman Jerome Powell at 2:30 p.m.</p>\n<p><b>Inflation is transitory</b></p>\n<p>The Fed statement is widely expected to repeat the phrase that the pickup in inflation \"largely reflects transitory factors.\" The Fed may drive this point home in its updated economic forecasts. In March, the Fed had core PCE inflation at 2.2% in 2021, 2% in 2022 and 2.1% in 2023. The 2021 forecast of core inflation is likely to rise but the Fed is expected to keep 2023 core inflation unchanged.</p>\n<p><b>'Talking about talking about' tapering</b></p>\n<p>Fed officials are expected to discuss slowing down, or tapering, asset purchases, but only in a preliminary way without laying out any plans. \"We expect Chair Powell to stress that all, or almost all, participants, see tapering action as very premature,\" wrote Steve Englander, head of North American macro strategy at Standard Chartered Bank.</p>\n<p><b>Tolerate a rising expectation of higher rates over 2023-2024</b></p>\n<p>If inflation is more persistent than the Fed now believes, the central bank needs to signal it will do what it needs to do to keep inflation under control. \"In that record, the Fed will, if not encourage, at least tolerate, a rising expectation of [higher] rates over 2023 and 2024,\" said Bruce Kazman, chief economist at JPMorgan Chase, in an interview on Bloomberg Television.</p>\n<p>Consequently, the median dot on the chart that signal's the Fed's consensus could signal the first rate hike in 2023. In March, 11 of 18 top Fed officials thought policy would be unchanged. Only four of 18 officials were projecting a rate hike in 2022.</p>\n<p>Many other economists think it is still unlikely the median projection will change from the current rate close to zero.</p>\n<p><b>Will Powell repeat that the Fed is 'a long way' from its goals and 'some time' for substantial further progress?</b></p>\n<p>Jim O'Sullivan, thinks the Fed has to start getting away from this language, which Powell used to signal that policy would remain unchanged. \"The longer you leave it in place, the bigger deal it is when you drop it,\" he said. So he thinks Powell will no longer say that it will be \"some time\" before the economy reaches the benchmark of \"some further progress\" to allow the Fed to taper asset purchases. This won't be a signal of imminent tapering. \"It is not in the next three months -- it could happen by the end of the year. O'Sullivan thinks the Fed will show patience and not start tapering until next March.</p>\n<p>Rubeela Farooqi, chief U.S. economist at High Frequency Economics, wrote she wouldn't be shocked if Powell set out conditions for \"substantial further progress.\" This would go a long way toward removing uncertainty about when the Fed might reach the threshold, she said.</p>","source":"lsy1603348471595","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>4 things to watch for when the Fed meets Wednesday</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\">\n4 things to watch for when the Fed meets Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 14:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/4-things-to-watch-for-when-the-fed-meets-wednesday-11623774676?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite the big spike in inflation, the Federal Reserve is set to signal on Wedesday that it is not going to change interest rate policy anytime soon -- at least through the end of 2022, economists ...</p>\n\n<a href=\"https://www.marketwatch.com/story/4-things-to-watch-for-when-the-fed-meets-wednesday-11623774676?mod=home-page\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/4-things-to-watch-for-when-the-fed-meets-wednesday-11623774676?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143375006","content_text":"Despite the big spike in inflation, the Federal Reserve is set to signal on Wedesday that it is not going to change interest rate policy anytime soon -- at least through the end of 2022, economists say.\n\"The message this week will likely be a heavy dose of 'still a long way to go' sprinkled with concerns about upside risks to inflation,\" wrote Michael Gapen, chief U.S. economist at Barclays.\nThe Fed meets Tuesday and Wednesday this week against a backdrop of the consumer price index up 5% annual rate.\nThe Fed is still buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month along with keeping its benchmark rate close to zero, in order to support the economy.\nFed officials have guided the market that it won't scale back the asset purchases until it sees \"substantial further progress\" towards its unemployment target in particular as the economy recovers from the pandemic. Slowing back asset purchases would be taking the central bank's foot off the gas -- a long way from actually tapping on the brakes with higher interest rates.\nEconomists think markets have been so far surprisingly complacent about inflation. The yield on the 10-year Treasury note has fallen to 1.5% from closer to 1.64% just after the Fed's last meeting in late April.\nHere's a look at what economists and investors will be watching for Wednesday when the Fed concludes the two-day meeting. Fed officials will release a statement at 2pm Eastern followed by a press conference from Fed Chairman Jerome Powell at 2:30 p.m.\nInflation is transitory\nThe Fed statement is widely expected to repeat the phrase that the pickup in inflation \"largely reflects transitory factors.\" The Fed may drive this point home in its updated economic forecasts. In March, the Fed had core PCE inflation at 2.2% in 2021, 2% in 2022 and 2.1% in 2023. The 2021 forecast of core inflation is likely to rise but the Fed is expected to keep 2023 core inflation unchanged.\n'Talking about talking about' tapering\nFed officials are expected to discuss slowing down, or tapering, asset purchases, but only in a preliminary way without laying out any plans. \"We expect Chair Powell to stress that all, or almost all, participants, see tapering action as very premature,\" wrote Steve Englander, head of North American macro strategy at Standard Chartered Bank.\nTolerate a rising expectation of higher rates over 2023-2024\nIf inflation is more persistent than the Fed now believes, the central bank needs to signal it will do what it needs to do to keep inflation under control. \"In that record, the Fed will, if not encourage, at least tolerate, a rising expectation of [higher] rates over 2023 and 2024,\" said Bruce Kazman, chief economist at JPMorgan Chase, in an interview on Bloomberg Television.\nConsequently, the median dot on the chart that signal's the Fed's consensus could signal the first rate hike in 2023. In March, 11 of 18 top Fed officials thought policy would be unchanged. Only four of 18 officials were projecting a rate hike in 2022.\nMany other economists think it is still unlikely the median projection will change from the current rate close to zero.\nWill Powell repeat that the Fed is 'a long way' from its goals and 'some time' for substantial further progress?\nJim O'Sullivan, thinks the Fed has to start getting away from this language, which Powell used to signal that policy would remain unchanged. \"The longer you leave it in place, the bigger deal it is when you drop it,\" he said. So he thinks Powell will no longer say that it will be \"some time\" before the economy reaches the benchmark of \"some further progress\" to allow the Fed to taper asset purchases. This won't be a signal of imminent tapering. \"It is not in the next three months -- it could happen by the end of the year. O'Sullivan thinks the Fed will show patience and not start tapering until next March.\nRubeela Farooqi, chief U.S. economist at High Frequency Economics, wrote she wouldn't be shocked if Powell set out conditions for \"substantial further progress.\" This would go a long way toward removing uncertainty about when the Fed might reach the threshold, she said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184368404,"gmtCreate":1623684931108,"gmtModify":1704208726172,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/184368404","repostId":"1117313016","repostType":4,"repost":{"id":"1117313016","kind":"news","pubTimestamp":1623680913,"share":"https://ttm.financial/m/news/1117313016?lang=&edition=fundamental","pubTime":"2021-06-14 22:28","market":"us","language":"en","title":"Corsair Surges Amid Meme Rally; Jim Cramer Warns on High-Level Sellers","url":"https://stock-news.laohu8.com/highlight/detail?id=1117313016","media":"thestreet","summary":"Corsair Gaming  -Get Report shares surged higher Monday as the gaming and content equipment-maker appeared to add its name to the list of meme stock favorites.TheStreet's founder Jim Cramer, however, cautioned that such a steep rise for a fundamentally sound stock like Corsair would likely entice large-scale sellers at these levels.\"Corsair is a company I like very much, because it's basically a souped-up Logitech and Logitech's been a great stock\" Cramer told CNBC's Squawk on The Street program","content":"<p>Corsair Gaming&nbsp;(<b>CRSR</b>) -Get Report&nbsp;shares surged higher Monday as the gaming and content equipment-maker appeared to add its name to the list of meme stock favorites.</p>\n<p>Data from theYolosocks.livewebsite, which tracks real-time mentions on stocks within Reddit's r/wallstreetbets chatroom, indicates that Corsair is the second most-discussed stock among users, up from a previous rank of 11, over the past 24 hours and more than 860 mentions.</p>\n<p>TheStreet's founder Jim Cramer, however, cautioned that such a steep rise for a fundamentally sound stock like Corsair would likely entice large-scale sellers at these levels.</p>\n<p>\"Corsair is a company I like very much, because it's basically a souped-up Logitech and Logitech's been a great stock\" Cramer told CNBC's Squawk on The Street program. \"They have the high-performance equipment you need to dominate in e-sports and I think e-sports are here to stay.\"</p>\n<p>\"I don't know why the 'meme' people have a monopoly on whatever they play with,\" Cramer said.&nbsp;\"No Wall Street analyst could move Corsair this much, so for people who've been waiting for the stock to go to $37 and now it's at $41, those people aren't going to turn buyers. They're sellers.\"</p>\n<p>\"The meme people think they're hurting the hedge funds, when in fact they're a tool to the hedge funds,\" Cramer said.</p>\n<p>Corsair shares were marked 19.3% higher in early trading Monday to change hands at $38.60 each -- after hitting a session high of $42.97 at the opening bell -- in a move that bumps the stock's year-to-date gain to around 12%.</p>\n<p>Last month, Corsair posted first quarter earnings of $80 million on revenues of $529 million thanks to surging growth in its gaming nd peripherals business, which saw sales rise by 132% when compared to last year.</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>Corsair Surges Amid Meme Rally; Jim Cramer Warns on High-Level Sellers</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\">\nCorsair Surges Amid Meme Rally; Jim Cramer Warns on High-Level Sellers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 22:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/corsair-surges-in-latest-meme-rally-jim-cramer-warns-on-sellers><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Corsair Gaming (CRSR) -Get Report shares surged higher Monday as the gaming and content equipment-maker appeared to add its name to the list of meme stock favorites.\nData from theYolosocks.livewebsite...</p>\n\n<a href=\"https://www.thestreet.com/investing/corsair-surges-in-latest-meme-rally-jim-cramer-warns-on-sellers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRSR":"Corsair Gaming, Inc."},"source_url":"https://www.thestreet.com/investing/corsair-surges-in-latest-meme-rally-jim-cramer-warns-on-sellers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117313016","content_text":"Corsair Gaming (CRSR) -Get Report shares surged higher Monday as the gaming and content equipment-maker appeared to add its name to the list of meme stock favorites.\nData from theYolosocks.livewebsite, which tracks real-time mentions on stocks within Reddit's r/wallstreetbets chatroom, indicates that Corsair is the second most-discussed stock among users, up from a previous rank of 11, over the past 24 hours and more than 860 mentions.\nTheStreet's founder Jim Cramer, however, cautioned that such a steep rise for a fundamentally sound stock like Corsair would likely entice large-scale sellers at these levels.\n\"Corsair is a company I like very much, because it's basically a souped-up Logitech and Logitech's been a great stock\" Cramer told CNBC's Squawk on The Street program. \"They have the high-performance equipment you need to dominate in e-sports and I think e-sports are here to stay.\"\n\"I don't know why the 'meme' people have a monopoly on whatever they play with,\" Cramer said. \"No Wall Street analyst could move Corsair this much, so for people who've been waiting for the stock to go to $37 and now it's at $41, those people aren't going to turn buyers. They're sellers.\"\n\"The meme people think they're hurting the hedge funds, when in fact they're a tool to the hedge funds,\" Cramer said.\nCorsair shares were marked 19.3% higher in early trading Monday to change hands at $38.60 each -- after hitting a session high of $42.97 at the opening bell -- in a move that bumps the stock's year-to-date gain to around 12%.\nLast month, Corsair posted first quarter earnings of $80 million on revenues of $529 million thanks to surging growth in its gaming nd peripherals business, which saw sales rise by 132% when compared to last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183343158,"gmtCreate":1623310867674,"gmtModify":1704200604579,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/183343158","repostId":"1127298356","repostType":4,"repost":{"id":"1127298356","kind":"news","pubTimestamp":1623310533,"share":"https://ttm.financial/m/news/1127298356?lang=&edition=fundamental","pubTime":"2021-06-10 15:35","market":"us","language":"en","title":"Goldman Explains Why The Economy Won't Overheat, No Matter What Today's CPI Shows","url":"https://stock-news.laohu8.com/highlight/detail?id=1127298356","media":"zerohedge","summary":"Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a fu","content":"<p>Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a furious shortsqueeze discussed earlier...</p>\n<p><img src=\"https://static.tigerbbs.com/e87da5d75100fe75f0be86933791246f\" tg-width=\"500\" tg-height=\"422\" referrerpolicy=\"no-referrer\">... and as post-pandemic inflation concerns appear to be waning as quickly as they flared up.</p>\n<p>This is a point we first brought up last month when observing the collapse in China's credit impulse, arguably the most important variable for the entire global reflationary narrative (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\")...</p>\n<p><img src=\"https://static.tigerbbs.com/cfc3b4fc471bcf50ee51b9be637a3ed4\" tg-width=\"500\" tg-height=\"294\" referrerpolicy=\"no-referrer\">... and it's a point that Goldman's chief economist Jan Hatzius reiterated in a note published on Tuesday titled simply \"Why the Economy Won’t Overheat,” in which he argues - the same as the Fed - that the inflation we are seeing so far is likely to be temporary and prices will normalize again as we leg further away from unprecedented pandemic activity curtailments.</p>\n<p>While we disagree - and so does Deutsche Bank,which sees nothing short of Weimar hyperinflationbeing unleashed by the Fed soon, something we first predicted in March 2009 as the ultimate endgame -&nbsp; it is interesting that today, at least, markets appear to be adopting this view judging by the collapse in 10Y nominal rates and the recent breach of the upward trendline in breakevens...</p>\n<p><img src=\"https://static.tigerbbs.com/ef6de63c2434121178b1a7b351df6ee9\" tg-width=\"500\" tg-height=\"308\" referrerpolicy=\"no-referrer\">... this even as China's PPI printed at a Lehman Sept 2008 high of 9.0% overnight.</p>\n<p>So what, according to Goldman is the reason for receding inflation fears? As Hatzius and strategist Chris Hussey explain, the past 2 payrolls reports have been underwhelming as the rush back to work \"is being slowed by generous stimulus as well as an inability — perhaps — to simply process so many new workers. On the one hand, fewer available workers should push up wages as companies compete to attract new workers. But a more orderly stream of employment in the post-pandemic recovery may also allow for a more extended reopening period and perhaps a bit less top-line pressure on prices.\"</p>\n<p>Another reason for receding inflation fears may also simply be time. According to Goldman, as Americans become more accustomed to getting back to their daily routines, the strangeness of such activity recedes. And it is perhaps easier for investors to envision what‘normal’ will look like.&nbsp; And perhaps that vision is collectively coalescing around a‘new normal’ that looks surprisingly similiar to the pre-pandemic ‘old normal’.</p>\n<p>Hatzius then elaborates why the recent inflation pickup will remain transitory: \"On the wage side,<b>labor supply should increase dramatically over the next 3-6 months as fear of the virus diminishes further and the $300/week benefit top-up expires—over the next few weeks in most Republican-controlled states and on September 6 in the remaining states.\"</b></p>\n<p>In other words, employers will likely hold out another 3 months until the end of emergency benefits expire at which point they expect a flood of workers to reverse the calculus in the labor market,<b>from one of no labor supply to a flood of supply.</b></p>\n<p>On the price side, Goldman's trimmed core PCE—which excludes the 30% most extreme month-to-month price changes, and as a reminder the surge in inflation last month was largely driven by soaring used car prices and transportation services, or as Goldman puts it \"outliers\" — remains at just 1.56% year-on-year, half the standard core PCE rate.&nbsp; This gap illustrates the unprecedented role of outliers in the recent inflation pickup.</p>\n<p><img src=\"https://static.tigerbbs.com/3eaf58fed43ba69dc0224a4d192f457b\" tg-width=\"500\" tg-height=\"307\" referrerpolicy=\"no-referrer\">Ultimately, to Goldman, the biggest question in the overheating debate remains whether US output and employment will rise sharply above potential in the next few years. If the answer is yes, then inflation could indeed climb to undesirable levels on a more permanent basis. Predictably, Goldman's answer continues to be no, and here's why: \"Even though real GDP is nearly back to the pre-pandemic level, we still see significant slack in the economy based on the remaining jobs shortfall of nearly 8 million and the pandemic-driven productivity gain of 4.1% year-on-year in Q1. Moreover, we think sequential GDP growth has probably already peaked in monthly terms and will trend down from here as the fiscal impulse wanes, modestly at first and then more sharply in late 2021 and 2022.\"</p>\n<p><img src=\"https://static.tigerbbs.com/5bbda3c1cc274419a5ecdfeea29dd30b\" tg-width=\"500\" tg-height=\"324\" referrerpolicy=\"no-referrer\">Here JPMorgan also chimes in and in a recent note from economist Dan Silver writes that as we prepare for the CPI print, it is worthwhile to consider the impacts of the removal of federal unemployment benefits and increasing hourly wages. In Silver's note, he illustrates the growth in job openings among low-income jobs.</p>\n<p>JPM then asks the right question: \"<b>will wage increases remain durable if business owners know that supply is coming back online?\"</b>A question we have asked previously, and the answer is a decisive not. To JPM, if the answer is indeed no, \"we see a quicker than expected deceleration in wage growth, spending, and CPI.\" Although, alternatively, it seems more likely that we will also see a surge in jobs taken and potentially another leg higher in absolute macro data.</p>\n<p><img src=\"https://static.tigerbbs.com/dd33a3897ee720aefc640dc061344a18\" tg-width=\"500\" tg-height=\"332\" referrerpolicy=\"no-referrer\">With that in mind, what's next on the inflation catalyst front and what will today's critical CPI print show?&nbsp; Here, Goldman estimates a 0.50% increase in May core CPI (in line with consensus), which will boost the year-on-year rate by six tenths to 3.55%, up from 3.0% which however is largely impacted by the base effect collapse of last year. Goldman's monthly core inflation forecast<b>\"reflects reopening-driven strength in airfares, hotel prices, and recreation prices.\"</b>Additionally, Goldman expects strong monthly readings in used cars (+6%) and new cars (+0.5%), reflecting \"one-time\" supply chain disruptions and microchip shortages.</p>\n<p>And while the Fed is more concerned with PCE inflation rather than CPI, Goldman concludes that even though the inflation burst is transitory, \"<b>it will be interesting to see how markets react to a 3.5%+ inflation report in a monetary regime that presumably is focused on keeping inflation around 2%.\"</b></p>\n<p></p>\n<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>Goldman Explains Why The Economy Won't Overheat, No Matter What Today's CPI Shows</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\">\nGoldman Explains Why The Economy Won't Overheat, No Matter What Today's CPI Shows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 15:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/goldman-explains-why-economy-wont-overheat-no-matter-what-tomorrows-cpi-shows?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a furious shortsqueeze discussed earlier...\n... and as post-pandemic inflation concerns appear to be ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/goldman-explains-why-economy-wont-overheat-no-matter-what-tomorrows-cpi-shows?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">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",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/markets/goldman-explains-why-economy-wont-overheat-no-matter-what-tomorrows-cpi-shows?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127298356","content_text":"Yields on 10-year Treasuries dipped below 1.50% today for the first time since early March amid a furious shortsqueeze discussed earlier...\n... and as post-pandemic inflation concerns appear to be waning as quickly as they flared up.\nThis is a point we first brought up last month when observing the collapse in China's credit impulse, arguably the most important variable for the entire global reflationary narrative (see \"China's Credit Impulse Just Turned Negative, Unleashing Global Deflationary Shockwave\")...\n... and it's a point that Goldman's chief economist Jan Hatzius reiterated in a note published on Tuesday titled simply \"Why the Economy Won’t Overheat,” in which he argues - the same as the Fed - that the inflation we are seeing so far is likely to be temporary and prices will normalize again as we leg further away from unprecedented pandemic activity curtailments.\nWhile we disagree - and so does Deutsche Bank,which sees nothing short of Weimar hyperinflationbeing unleashed by the Fed soon, something we first predicted in March 2009 as the ultimate endgame -  it is interesting that today, at least, markets appear to be adopting this view judging by the collapse in 10Y nominal rates and the recent breach of the upward trendline in breakevens...\n... this even as China's PPI printed at a Lehman Sept 2008 high of 9.0% overnight.\nSo what, according to Goldman is the reason for receding inflation fears? As Hatzius and strategist Chris Hussey explain, the past 2 payrolls reports have been underwhelming as the rush back to work \"is being slowed by generous stimulus as well as an inability — perhaps — to simply process so many new workers. On the one hand, fewer available workers should push up wages as companies compete to attract new workers. But a more orderly stream of employment in the post-pandemic recovery may also allow for a more extended reopening period and perhaps a bit less top-line pressure on prices.\"\nAnother reason for receding inflation fears may also simply be time. According to Goldman, as Americans become more accustomed to getting back to their daily routines, the strangeness of such activity recedes. And it is perhaps easier for investors to envision what‘normal’ will look like.  And perhaps that vision is collectively coalescing around a‘new normal’ that looks surprisingly similiar to the pre-pandemic ‘old normal’.\nHatzius then elaborates why the recent inflation pickup will remain transitory: \"On the wage side,labor supply should increase dramatically over the next 3-6 months as fear of the virus diminishes further and the $300/week benefit top-up expires—over the next few weeks in most Republican-controlled states and on September 6 in the remaining states.\"\nIn other words, employers will likely hold out another 3 months until the end of emergency benefits expire at which point they expect a flood of workers to reverse the calculus in the labor market,from one of no labor supply to a flood of supply.\nOn the price side, Goldman's trimmed core PCE—which excludes the 30% most extreme month-to-month price changes, and as a reminder the surge in inflation last month was largely driven by soaring used car prices and transportation services, or as Goldman puts it \"outliers\" — remains at just 1.56% year-on-year, half the standard core PCE rate.  This gap illustrates the unprecedented role of outliers in the recent inflation pickup.\nUltimately, to Goldman, the biggest question in the overheating debate remains whether US output and employment will rise sharply above potential in the next few years. If the answer is yes, then inflation could indeed climb to undesirable levels on a more permanent basis. Predictably, Goldman's answer continues to be no, and here's why: \"Even though real GDP is nearly back to the pre-pandemic level, we still see significant slack in the economy based on the remaining jobs shortfall of nearly 8 million and the pandemic-driven productivity gain of 4.1% year-on-year in Q1. Moreover, we think sequential GDP growth has probably already peaked in monthly terms and will trend down from here as the fiscal impulse wanes, modestly at first and then more sharply in late 2021 and 2022.\"\nHere JPMorgan also chimes in and in a recent note from economist Dan Silver writes that as we prepare for the CPI print, it is worthwhile to consider the impacts of the removal of federal unemployment benefits and increasing hourly wages. In Silver's note, he illustrates the growth in job openings among low-income jobs.\nJPM then asks the right question: \"will wage increases remain durable if business owners know that supply is coming back online?\"A question we have asked previously, and the answer is a decisive not. To JPM, if the answer is indeed no, \"we see a quicker than expected deceleration in wage growth, spending, and CPI.\" Although, alternatively, it seems more likely that we will also see a surge in jobs taken and potentially another leg higher in absolute macro data.\nWith that in mind, what's next on the inflation catalyst front and what will today's critical CPI print show?  Here, Goldman estimates a 0.50% increase in May core CPI (in line with consensus), which will boost the year-on-year rate by six tenths to 3.55%, up from 3.0% which however is largely impacted by the base effect collapse of last year. Goldman's monthly core inflation forecast\"reflects reopening-driven strength in airfares, hotel prices, and recreation prices.\"Additionally, Goldman expects strong monthly readings in used cars (+6%) and new cars (+0.5%), reflecting \"one-time\" supply chain disruptions and microchip shortages.\nAnd while the Fed is more concerned with PCE inflation rather than CPI, Goldman concludes that even though the inflation burst is transitory, \"it will be interesting to see how markets react to a 3.5%+ inflation report in a monetary regime that presumably is focused on keeping inflation around 2%.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116948193,"gmtCreate":1622771541712,"gmtModify":1704190853628,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116948193","repostId":"1110094207","repostType":4,"repost":{"id":"1110094207","kind":"news","pubTimestamp":1622768378,"share":"https://ttm.financial/m/news/1110094207?lang=&edition=fundamental","pubTime":"2021-06-04 08:59","market":"hk","language":"en","title":"Tesla shares drop on report of steep May sales decline in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1110094207","media":"CNBC","summary":"KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"mont","content":"<div>\n<p>KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.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>Tesla shares drop on report of steep May sales decline in China</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 shares drop on report of steep May sales decline in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAAS":"中汽系统","TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/06/03/tesla-shares-drop-on-report-of-steep-may-sales-decline-in-china-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1110094207","content_text":"KEY POINTS\n\nThe Information, citing a single source familiar with the data, wrote that Tesla's \"monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.\"\nCNBC has not corroborated that report.\nElon Musk's electric vehicle company has been grappling with recalls and safety investigations in China.\n\nTeslashares dropped more than 5% Thursday after a report said the company’s vehicle orders in China steeply declined last month.\nTheInformation, citing a single source familiar with the data, wrote that Tesla’s “monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April.” CNBC has not corroborated that report.\nTesla’s Shanghai factory is supposed to have the capacity to make around 500,000 electric cars a year for deliveries in China and exports to other parts of Asia and Europe.\nElon Musk’s electric vehicle company has been grappling with recalls and safety investigations in China. It is also dealing with apublic relations backlashthere following some high-profile vehicle crashes, price changes and quality complaints from Chinese customers.\nJL Warren Capital CEO Junheng Li said in an e-mail to CNBC that even though Tesla hasn’t spoken about potential impacts of its PR crisis in China, she expects they will be material.\n“We see a definitive material impact on Tesla branding, orders and deliveries for future months, although it’s hard to quantify exactly to what extent the declining demand is driven by concerns on Tesla’s safety features, or rising competition especially from Chinese automakers,” she said.\nLi’s equity research firm focuses on Chinese and U.S. companies with significant exposure in China. Her firm estimated, in a note on June 1, that Tesla orders in China declined by around 30% in May compared to April. While that’s not as dire as the 50% drop reported by The Information, Warren noted that “both are disastrous.”\nChina represented last year the second-largest electric vehicle market in the world, according toIEA research. Tesla’s near-term growth hinges largely on its ability to make and sell cars successfully in China.\nAccording to analysis of Tesla job listings bySnow Bull Capital,the company is stepping up hiring for “Legal & Government Affairs” positions in 2021 across the country. It’s also generally ramping up hiring at its Shanghai plant.\nChinese Tesla rival Nio saw deliveries slide in May as a global semiconductor shortage hit its business. But another competitor, Xpeng, said it delivered 5,686 cars in May representing a 483% year-on-year rise and a 10% increase from the previous month.\nTesla shares are down about 15% year-to-date, and down more than 35% from their intraday high on Jan. 29.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110105611,"gmtCreate":1622428370633,"gmtModify":1704184255047,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110105611","repostId":"2139438981","repostType":4,"repost":{"id":"2139438981","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1622423066,"share":"https://ttm.financial/m/news/2139438981?lang=&edition=fundamental","pubTime":"2021-05-31 09:04","market":"us","language":"en","title":"Bitcoin is headed toward its worst month since 2011; 'Rich Dad, Poor Dad' author says that's 'great news'","url":"https://stock-news.laohu8.com/highlight/detail?id=2139438981","media":"Dow Jones","summary":"Rough month provides a buying opportunity, Robert Kiyosaki says. Bitcoin prices are headed for their worst month since 2011 -- and $one$ prominent investor says that's \"great news.\". \"Bitcoin crashing. Great news,\" tweeted \"Rich Dad, Poor Dad\" author Robert Kiyosaki on Sunday , saying it provides a good buying opportunity. \"When price hits $27,000 I may start buying again. Lot will depend upon global-macro environment. Remember the problem is not gold, silver, or Bitcoin. Problem are the incompe","content":"<p>MW Bitcoin is headed toward its worst month since 2011; 'Rich Dad, Poor Dad' author says that's 'great news'</p><p>By Mike <a href=\"https://laohu8.com/S/MUR\">Murphy</a></p><p>Rough month provides a buying opportunity, Robert Kiyosaki says</p><p>Bitcoin prices are headed for their worst month since 2011 -- and <a href=\"https://laohu8.com/S/AONE\">one</a> prominent investor says that's \"great news.\"</p><p>\"Bitcoin crashing. Great news,\" tweeted \"Rich Dad, Poor Dad\" author Robert Kiyosaki on Sunday , saying it provides a good buying opportunity. \"When price hits $27,000 I may start buying again. Lot will depend upon global-macro environment. Remember the problem is not gold, silver, or Bitcoin. Problem are the incompetents in government, Fed &amp; Wall Street. Remember gold was $300 in 2000.\"</p><p>In April, Kiyosaki predicted in an interview  that bitcoin's price would top $1 million in the next five years. Still, he said he prefers gold and silver as an investment, calling it \"God's money.\"</p><p>Gold futures  are currently trading above $1,900, up 8% this month , while silver  is above $28, also up about 8% in May.</p><p>Kiyosaki is an outspoken critic of the Fed, the Treasury Department and the Biden administration, calling them \"losers\" , and predicting the demise of the dollar.</p><p>Crypto prices seesawed moderately over the Memorial Day weekend, avoiding the worst fears of some investors who predicted a \"bloody\" weekend of bearishness .</p><p>While bitcoin  fell about 5% on Saturday, it rebounded Sunday and was up about 4% over the previous 24 hours, as of Sunday evening, trading in a range between $33,000 and $37,000. Ethereum  prices similarly slid about 6% Saturday and recovered Sunday, up more than 5% over the previous 24 hours. Dogecoin  also bounced around Saturday and Sunday, and prices were last about even with Friday's end of session.</p><p>Cryptocurrencies trade 24 hours a day -- including Memorial Day on Monday -- and each day's session ends at 5 p.m. <a href=\"https://laohu8.com/S/EML\">Eastern</a>.</p><p>But bitcoin is down more than 37% so far in May, the digital currency's worst monthly performance since September 2011. Bitcoin prices later bottomed out around $2 in October 2011.</p><p>Since its mid-April peak near $65,000, bitcoin has tumbled about 45%.</p><p>Despite a rough couple of months, bitcoin is still up 24% year to date, and up about 270% over the past year.</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>Bitcoin is headed toward its worst month since 2011; 'Rich Dad, Poor Dad' author says that's 'great news'</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\">\nBitcoin is headed toward its worst month since 2011; 'Rich Dad, Poor Dad' author says that's 'great news'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-31 09:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>MW Bitcoin is headed toward its worst month since 2011; 'Rich Dad, Poor Dad' author says that's 'great news'</p><p>By Mike <a href=\"https://laohu8.com/S/MUR\">Murphy</a></p><p>Rough month provides a buying opportunity, Robert Kiyosaki says</p><p>Bitcoin prices are headed for their worst month since 2011 -- and <a href=\"https://laohu8.com/S/AONE\">one</a> prominent investor says that's \"great news.\"</p><p>\"Bitcoin crashing. Great news,\" tweeted \"Rich Dad, Poor Dad\" author Robert Kiyosaki on Sunday , saying it provides a good buying opportunity. \"When price hits $27,000 I may start buying again. Lot will depend upon global-macro environment. Remember the problem is not gold, silver, or Bitcoin. Problem are the incompetents in government, Fed &amp; Wall Street. Remember gold was $300 in 2000.\"</p><p>In April, Kiyosaki predicted in an interview  that bitcoin's price would top $1 million in the next five years. Still, he said he prefers gold and silver as an investment, calling it \"God's money.\"</p><p>Gold futures  are currently trading above $1,900, up 8% this month , while silver  is above $28, also up about 8% in May.</p><p>Kiyosaki is an outspoken critic of the Fed, the Treasury Department and the Biden administration, calling them \"losers\" , and predicting the demise of the dollar.</p><p>Crypto prices seesawed moderately over the Memorial Day weekend, avoiding the worst fears of some investors who predicted a \"bloody\" weekend of bearishness .</p><p>While bitcoin  fell about 5% on Saturday, it rebounded Sunday and was up about 4% over the previous 24 hours, as of Sunday evening, trading in a range between $33,000 and $37,000. Ethereum  prices similarly slid about 6% Saturday and recovered Sunday, up more than 5% over the previous 24 hours. Dogecoin  also bounced around Saturday and Sunday, and prices were last about even with Friday's end of session.</p><p>Cryptocurrencies trade 24 hours a day -- including Memorial Day on Monday -- and each day's session ends at 5 p.m. <a href=\"https://laohu8.com/S/EML\">Eastern</a>.</p><p>But bitcoin is down more than 37% so far in May, the digital currency's worst monthly performance since September 2011. Bitcoin prices later bottomed out around $2 in October 2011.</p><p>Since its mid-April peak near $65,000, bitcoin has tumbled about 45%.</p><p>Despite a rough couple of months, bitcoin is still up 24% year to date, and up about 270% over the past year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2139438981","content_text":"MW Bitcoin is headed toward its worst month since 2011; 'Rich Dad, Poor Dad' author says that's 'great news'By Mike MurphyRough month provides a buying opportunity, Robert Kiyosaki saysBitcoin prices are headed for their worst month since 2011 -- and one prominent investor says that's \"great news.\"\"Bitcoin crashing. Great news,\" tweeted \"Rich Dad, Poor Dad\" author Robert Kiyosaki on Sunday , saying it provides a good buying opportunity. \"When price hits $27,000 I may start buying again. Lot will depend upon global-macro environment. Remember the problem is not gold, silver, or Bitcoin. Problem are the incompetents in government, Fed & Wall Street. Remember gold was $300 in 2000.\"In April, Kiyosaki predicted in an interview  that bitcoin's price would top $1 million in the next five years. Still, he said he prefers gold and silver as an investment, calling it \"God's money.\"Gold futures  are currently trading above $1,900, up 8% this month , while silver  is above $28, also up about 8% in May.Kiyosaki is an outspoken critic of the Fed, the Treasury Department and the Biden administration, calling them \"losers\" , and predicting the demise of the dollar.Crypto prices seesawed moderately over the Memorial Day weekend, avoiding the worst fears of some investors who predicted a \"bloody\" weekend of bearishness .While bitcoin  fell about 5% on Saturday, it rebounded Sunday and was up about 4% over the previous 24 hours, as of Sunday evening, trading in a range between $33,000 and $37,000. Ethereum  prices similarly slid about 6% Saturday and recovered Sunday, up more than 5% over the previous 24 hours. Dogecoin  also bounced around Saturday and Sunday, and prices were last about even with Friday's end of session.Cryptocurrencies trade 24 hours a day -- including Memorial Day on Monday -- and each day's session ends at 5 p.m. Eastern.But bitcoin is down more than 37% so far in May, the digital currency's worst monthly performance since September 2011. Bitcoin prices later bottomed out around $2 in October 2011.Since its mid-April peak near $65,000, bitcoin has tumbled about 45%.Despite a rough couple of months, bitcoin is still up 24% year to date, and up about 270% over the past year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131801205,"gmtCreate":1621842020507,"gmtModify":1704363134470,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/131801205","repostId":"2137363421","repostType":4,"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101791338,"gmtCreate":1619939756524,"gmtModify":1704336618393,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/101791338","repostId":"1105099718","repostType":4,"repost":{"id":"1105099718","kind":"news","pubTimestamp":1619897946,"share":"https://ttm.financial/m/news/1105099718?lang=&edition=fundamental","pubTime":"2021-05-02 03:39","market":"us","language":"en","title":"Warren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=1105099718","media":"WSJ","summary":"Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerate. Professional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway Inc.BRK.B-0.95%. California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executive. While many of the complaints aren’t new and none of the shareholder proposals are","content":"<p>Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerate</p><p>Professional money managers are turning up the heat on Warren Buffett’s<u>Berkshire Hathaway</u>&nbsp;Inc.BRK.B -0.95%</p><p>California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executive<img src=\"https://static.tigerbbs.com/1dd969e4b237144cd02112f41464d169\" tg-width=\"824\" tg-height=\"1396\" referrerpolicy=\"no-referrer\"></p><p>Leading up to Berkshire’s annual meeting on Saturday, proxy advisers Glass Lewis &amp; Co. and Institutional Shareholder Services Inc. have recommended that investors withhold their votes for board members.</p><p>While many of the complaints aren’t new and none of the shareholder proposals are likely to pass, Berkshire’s lackluster returns in recent years have made it more vulnerable to criticism amid a growing wave of investor interest in corporate sustainability issues.</p><p>The shareholder movement to press companies on climate change, social progress and governance continues to gain steam in the U.S., emerging as<u>a key selling point for money managers in their efforts to keep client money</u>.</p><p>Under Mr. Buffett’s leadership,<u>the firm boasts 20% compounded annualized gains from 1965 to 2020</u>, outperforming the S&amp;P 500’s 10.2% gains including dividends during the period. Berkshire’s total returns over the past three- and five-year periods were 12% and 14%, respectively, compared with the index’s 19% and 18%.</p><p>“Berkshire has gotten a pass in part because of its historically strong financial performance,” said Simiso Nzima, head of corporate governance at Calpers.</p><p></p><p>Berkshire has continued to stress its continued focus on the long game. Mr. Buffett, who is chief executive and chairman of the company, built up<u>a diverse portfolio of mostly U.S. businesses and investments meant to perform over decades</u>, not to compete with a volatile market buoyed by booming tech stocks.</p><p>Calpers, the nation’s largest public-pension fund with $444 billion in assets, co-sponsored a shareholder proposal imploring Berkshire to provide more disclosures on climate-related risks and opportunities.</p><p>The pension fund is also withholding its votes to re-elect members of the board’s audit and governance committees on grounds of failing to meet shareholder demands over climate-risk disclosures. It said it was concerned that the board lacks new members, doesn’t engage with shareholders and isn’t letting investors vote on executive pay plans.</p><p>“If you don’t refresh the board, you don’t have a next generation of directors able to learn from the long-serving directors before they leave the board,” Mr. Nzima said.</p><p>Berkshire declined to comment ahead of the company’s Saturday meeting.</p><p>Neuberger, a privately held money manager with more than $429 billion in assets, also said it would vote for several shareholder-led proposals related to environmental, social and corporate-governance issues, often abbreviated as ESG.</p><p>“One would think that if companies have a responsibility to look out for the environment or deliver good on social issues and governance, that Berkshire might be a leader in these areas,” said Michelle Giordano, a Neuberger analyst who follows the company. “But it doesn’t seem like they are.”</p><p></p><p>Berkshire said in its annual proxy statement that while it agreed companies had a responsibility to manage&nbsp;climate risks, it preferred to let its various operating units commit to their own environmental policies. Mandates from a small corporate office, the company wrote, would infringe upon the autonomy that has helped those businesses thrive under Berkshire’s ownership. Berkshire Hathaway Energy, for instance, already produces<u>a sustainability report</u>.</p><p>Calpers has also pledged to support a proposal requiring the company to report its efforts to diversify its staff.</p><p>Berkshire said the diversity-report proposal improperly suggests that “there is a standardized technique for each of Berkshire’s more than 60 operating businesses to address diversity, equity and inclusion.”</p><p>“It would be unreasonable to ask for uniform, quantitative reporting for the purposes of comparing such dissimilar operations in different geographic locations,” Berkshire wrote.</p><p>Glass Lewis and ISS recommended shareholders vote for the ESG proposals and withhold votes for certain directors.</p><p>“This year there’s a lot more attention given from mainstream investors on ESG issues,” said Courteney Keatinge, a senior director of ESG research at Glass Lewis.</p><p>Another factor is at play: Berkshire shares are slowly changing hands.</p><p>Mr. Buffett’s longstanding plan to shrink his stake in the company over time has shifted more Berkshire shares to big institutional investors, said Lawrence Cunningham, a law professor at George Washington University who has written extensively about the company.</p><p>About 70% of Berkshire’s shares are owned by individuals, many of whom are longtime holders loyal to Mr. Buffett, Mr. Cunningham said. And many don’t care whether Berkshire lacks a corporate sustainability report or an investor-relations team at the ready to answer their questions.</p><p>“Berkshire’s unusual and valued family of individual shareholders may add to your understanding of our reluctance to court Wall Street analysts and institutional investors,” Mr. Buffett wrote in his most recent letter to shareholders. “We already have the investors we want and don’t think that they, on balance, would be upgraded by replacements.”</p><p>The gradual uptick in institutional ownership, though, might already be empowering professional managers to press Berkshire on governance matters.&nbsp;When Mr. Buffett and his estate sell off his remaining shares, it is likely those money managers will hold an even bigger stake in the company, Mr. Cunningham said.</p><p>“There will be a dawning of significant leadership and structural change, and these holders are preparing for that battle,” Mr. Cunningham said.</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>Warren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline</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; 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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\">\nWarren Buffett Faces Impatient Investors as Berkshire Hathaway Returns Decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-02 03:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerateProfessional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway ...</p>\n\n<a href=\"https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/daaa666333c3b9bf0b940ffed4c1c369","relate_stocks":{"BRK.B":"伯克希尔B"},"source_url":"https://www.wsj.com/articles/warren-buffett-faces-impatient-investors-as-berkshire-hathaway-returns-decline-11619794480","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105099718","content_text":"Institutional shareholders are pressing for change on climate and governance at the Omaha, Neb., conglomerateProfessional money managers are turning up the heat on Warren Buffett’sBerkshire Hathaway Inc.BRK.B -0.95%California Public Employees’ Retirement System and Neuberger Berman have demanded that the Omaha, Neb., conglomerate bring in new directors and provide more disclosures on climate risks and executiveLeading up to Berkshire’s annual meeting on Saturday, proxy advisers Glass Lewis & Co. and Institutional Shareholder Services Inc. have recommended that investors withhold their votes for board members.While many of the complaints aren’t new and none of the shareholder proposals are likely to pass, Berkshire’s lackluster returns in recent years have made it more vulnerable to criticism amid a growing wave of investor interest in corporate sustainability issues.The shareholder movement to press companies on climate change, social progress and governance continues to gain steam in the U.S., emerging asa key selling point for money managers in their efforts to keep client money.Under Mr. Buffett’s leadership,the firm boasts 20% compounded annualized gains from 1965 to 2020, outperforming the S&P 500’s 10.2% gains including dividends during the period. Berkshire’s total returns over the past three- and five-year periods were 12% and 14%, respectively, compared with the index’s 19% and 18%.“Berkshire has gotten a pass in part because of its historically strong financial performance,” said Simiso Nzima, head of corporate governance at Calpers.Berkshire has continued to stress its continued focus on the long game. Mr. Buffett, who is chief executive and chairman of the company, built upa diverse portfolio of mostly U.S. businesses and investments meant to perform over decades, not to compete with a volatile market buoyed by booming tech stocks.Calpers, the nation’s largest public-pension fund with $444 billion in assets, co-sponsored a shareholder proposal imploring Berkshire to provide more disclosures on climate-related risks and opportunities.The pension fund is also withholding its votes to re-elect members of the board’s audit and governance committees on grounds of failing to meet shareholder demands over climate-risk disclosures. It said it was concerned that the board lacks new members, doesn’t engage with shareholders and isn’t letting investors vote on executive pay plans.“If you don’t refresh the board, you don’t have a next generation of directors able to learn from the long-serving directors before they leave the board,” Mr. Nzima said.Berkshire declined to comment ahead of the company’s Saturday meeting.Neuberger, a privately held money manager with more than $429 billion in assets, also said it would vote for several shareholder-led proposals related to environmental, social and corporate-governance issues, often abbreviated as ESG.“One would think that if companies have a responsibility to look out for the environment or deliver good on social issues and governance, that Berkshire might be a leader in these areas,” said Michelle Giordano, a Neuberger analyst who follows the company. “But it doesn’t seem like they are.”Berkshire said in its annual proxy statement that while it agreed companies had a responsibility to manage climate risks, it preferred to let its various operating units commit to their own environmental policies. Mandates from a small corporate office, the company wrote, would infringe upon the autonomy that has helped those businesses thrive under Berkshire’s ownership. Berkshire Hathaway Energy, for instance, already producesa sustainability report.Calpers has also pledged to support a proposal requiring the company to report its efforts to diversify its staff.Berkshire said the diversity-report proposal improperly suggests that “there is a standardized technique for each of Berkshire’s more than 60 operating businesses to address diversity, equity and inclusion.”“It would be unreasonable to ask for uniform, quantitative reporting for the purposes of comparing such dissimilar operations in different geographic locations,” Berkshire wrote.Glass Lewis and ISS recommended shareholders vote for the ESG proposals and withhold votes for certain directors.“This year there’s a lot more attention given from mainstream investors on ESG issues,” said Courteney Keatinge, a senior director of ESG research at Glass Lewis.Another factor is at play: Berkshire shares are slowly changing hands.Mr. Buffett’s longstanding plan to shrink his stake in the company over time has shifted more Berkshire shares to big institutional investors, said Lawrence Cunningham, a law professor at George Washington University who has written extensively about the company.About 70% of Berkshire’s shares are owned by individuals, many of whom are longtime holders loyal to Mr. Buffett, Mr. Cunningham said. And many don’t care whether Berkshire lacks a corporate sustainability report or an investor-relations team at the ready to answer their questions.“Berkshire’s unusual and valued family of individual shareholders may add to your understanding of our reluctance to court Wall Street analysts and institutional investors,” Mr. Buffett wrote in his most recent letter to shareholders. “We already have the investors we want and don’t think that they, on balance, would be upgraded by replacements.”The gradual uptick in institutional ownership, though, might already be empowering professional managers to press Berkshire on governance matters. When Mr. Buffett and his estate sell off his remaining shares, it is likely those money managers will hold an even bigger stake in the company, Mr. Cunningham said.“There will be a dawning of significant leadership and structural change, and these holders are preparing for that battle,” Mr. Cunningham said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124720709,"gmtCreate":1624794963301,"gmtModify":1703845238939,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/124720709","repostId":"2146006003","repostType":4,"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122100298,"gmtCreate":1624601071114,"gmtModify":1703841465616,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122100298","repostId":"1180366049","repostType":4,"isVote":1,"tweetType":1,"viewCount":342,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129965815,"gmtCreate":1624352373137,"gmtModify":1703834180775,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129965815","repostId":"2145035785","repostType":4,"repost":{"id":"2145035785","kind":"news","pubTimestamp":1624351500,"share":"https://ttm.financial/m/news/2145035785?lang=&edition=fundamental","pubTime":"2021-06-22 16:45","market":"us","language":"en","title":"Robinhood Traders Keep Buying These Stocks, What do the Pros Say About Them?","url":"https://stock-news.laohu8.com/highlight/detail?id=2145035785","media":"TipRanks","summary":"Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey ","content":"<div>\n<p>Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nRobinhood Traders Keep Buying These Stocks, What do the Pros Say About Them?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.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","GME":"游戏驿站","AAPL":"苹果","PRO":"Pros Holdings Inc"},"source_url":"https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145035785","content_text":"Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, and people were at home and looking for entertainment. This, coupled with the hopeful possibility of building wealth directly from one’s phone and/or couch, brought a new generation of retail traders to the market. They began to push speculative equities and securities around in their search for quick value.\nThe trading platform Robinhood has been central to this stock market tale, allowing commission-free trading with a streamlined, easy-to-use mobile application to “democratize finance for all,” as is its motto. Its popularity culminated in a one-in-a-lifetime short squeeze in late January 2021, wherein highly motivated Reddit users attempted, and succeeded, to push up the price of GameStop Corp. (GME) stock in order to force hedge funds to cover their massively shorted shares.\nThis particular instance brought about massive negative sentiment for the growing financial application company, as Robinhood was forced to halt buy orders for several high volatility stocks in order to not go bankrupt themselves. The phenomenon brought Robinhood into global headlines and even had U.S. government officials using terms like “meme stocks.”\nCritics of Robinhood’s platform accuse it of gamifying the stock market with a sensationalizing user interface, and essentially creating an accessible and legal casino for anyone willing to play. The app allows users to quickly trade even the most leveraged and risky positions, including complex derivatives such as options and other financial tools. While other similar mobile platforms also allow this, Robinhood users go through much less data and cautionary information before having their trades executed.\nDespite the bad press, including congressional hearings with Robinhood’s CEO, the platform has since continued to grow its user base.\nKeeping an eye on retail traders’ interest in stocks has become a full-time job, and can mean the difference between massive gains or just another week of FOMO. Many websites provide trending stock tickers or even analytics on subreddit mentions of publicly traded companies. As Robinhood is mostly used by younger retail traders, looking at its top-traded stocks can provide insight into what direction certain stocks may be going.\nTwo stocks frequently found at the top of Robinhood traders' accounts are Tesla Inc. and Apple Inc. Both tech-savvy companies have seen their share prices rise dramatically over the course of 2020. Furthermore, both underwent stock splits, which made their stocks accessible to more people, resulting in a lot of online buzz.\nTesla Inc. (TSLA) \nFive-star analyst Jed Dorsheimer of Canaccord Genuity Capital Markets reiterated a Buy rating on Tesla, with an optimistic price target of $812. This suggests a possible upside of 30.27% from Friday’s closing price of $623.31. (See Tesla stock charts on TipRanks)\nDorsheimer wrote that Tesla is “innovating past the battery” while other manufacturers are playing catch up. He was bullish on a long term basis, arguing that the car company is “creating an energy brand and an Apple-esque ecosystem of products with customer focused connectivity, seamlessly marrying car, solar, and back-up power.”\nThe analyst did, however, call the new Model S Plaid an “ostensibly unnecessary $130k car,” but that does not mean consumers won’t like the finished product enough to not buy it.\nOn TipRanks, TSLA has an analyst rating consensus of Hold, based on 9 Buy, 7 Hold, and 7 Sell ratings. The average analyst Tesla price target is $620.70, reflecting a potential downside of 0.42% over the next twelve months.\n\nApple Inc. (AAPL)\nAnother consistently top stock pick from Robinhood traders, Apple Inc. has seen its share price climb more than five-fold over the last five years. The most valuable company in the world, with a market cap of over $2 trillion, the company has always had a loyal customer base, which seems to translate into loyal shareholders as well. (See Apple stock charts on TipRanks)\nDaniel Ives of Wedbush Securities was bullish following Apple’s new updates, which were announced during its WWDC conference. Ives maintained a Buy rating and a $185 price target, indicating a possible 41.81% upside from Apple’s Friday closing price of $130.46.\nThe five-star analyst wrote that Apple had placed a strong focus on user privacy concerns, which puts the company “on a collision course with Facebook around the ability for users to block data tracking.” However, Ives was encouraged by the improvements made by the new macOS Monterey desktop operating system, stating that it will support the “broadest lineup of Macs in history.”\nOn TipRanks, AAPL has an analyst rating consensus of Moderate Buy, based on 20 Buy, 5 Hold, and 2 Sell ratings. The average analyst Apple price target is $157.88, reflecting a potential 12-month upside of 21.02%.\n\nDisclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164280061,"gmtCreate":1624207269953,"gmtModify":1703830667014,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/164280061","repostId":"1133385197","repostType":4,"repost":{"id":"1133385197","kind":"news","pubTimestamp":1624151969,"share":"https://ttm.financial/m/news/1133385197?lang=&edition=fundamental","pubTime":"2021-06-20 09:19","market":"us","language":"en","title":"Answering the great inflation question of our time","url":"https://stock-news.laohu8.com/highlight/detail?id=1133385197","media":"finance.yahoo","summary":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up","content":"<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.</p>\n<p>Unfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”</p>\n<p>The current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?</p>\n<p>Before I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.</p>\n<p>As an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.</p>\n<p>Until now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)</p>\n<p><img src=\"https://static.tigerbbs.com/87f75dfcb98fb5a0e7c3f9d3f8d336e2\" tg-width=\"705\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p>\n<p>Used car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.</p>\n<p>To be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)</p>\n<p>But that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&amp;P 500 down 1.91% this week, its worst week since February.</p>\n<p>Given this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.</p>\n<p>Now I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.</p>\n<p>As for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.</p>\n<p>Which brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.</p>\n<p>“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”</p>\n<p>“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.</p>\n<p>COVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.</p>\n<p>A prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.</p>\n<p>Another secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.</p>\n<p><b>Anti-inflation forces</b></p>\n<p>But here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?</p>\n<p>I say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”</p>\n<p>To buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.</p>\n<p>To me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.</p>\n<p>Not only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.</p>\n<p>So technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.</p>\n<p>There is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.</p>\n<p>After World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)</p>\n<p>Like its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.</p>\n<p>The internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.</p>\n<p>So technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.</p>\n<p>COVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.</p>\n<p>How significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.</p>\n<p>More downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”</p>\n<p>And so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”</p>\n<p>I don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)</p>","source":"lsy1612507957220","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>Answering the great inflation question of our time</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\">\nAnswering the great inflation question of our time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these...</p>\n\n<a href=\"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html\">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"},"source_url":"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133385197","content_text":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”\nThe current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?\nBefore I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.\nAs an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.\nUntil now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)\n\nUsed car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.\nTo be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)\nBut that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&P 500 down 1.91% this week, its worst week since February.\nGiven this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.\nNow I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.\nAs for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.\nWhich brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.\n“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”\n“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.\nCOVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.\nA prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.\nAnother secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.\nAnti-inflation forces\nBut here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?\nI say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”\nTo buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.\nTo me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.\nNot only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.\nSo technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.\nThere is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.\nAfter World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)\nLike its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.\nThe internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.\nSo technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.\nCOVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.\nHow significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.\nMore downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”\nAnd so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”\nI don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)","news_type":1},"isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161564882,"gmtCreate":1623935552146,"gmtModify":1703823882708,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161564882","repostId":"2144493207","repostType":4,"isVote":1,"tweetType":1,"viewCount":989,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180547462,"gmtCreate":1623215348356,"gmtModify":1704198544547,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/180547462","repostId":"1108724461","repostType":4,"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115747069,"gmtCreate":1623032839851,"gmtModify":1704194679958,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/115747069","repostId":"2141926289","repostType":4,"repost":{"id":"2141926289","kind":"news","pubTimestamp":1623020400,"share":"https://ttm.financial/m/news/2141926289?lang=&edition=fundamental","pubTime":"2021-06-07 07:00","market":"us","language":"en","title":"GameStop earnings, consumer inflation data: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2141926289","media":"Yahoo Finance","summary":"This week is set to be a relatively quiet one for investors in terms of economic data releases and e","content":"<p>This week is set to be a relatively quiet&nbsp;one&nbsp;for investors in terms of economic data releases and earnings reports. Officials from the Federal Reserve will also enter their \"blackout period\" ahead of their June policy-setting meeting.</p><p>Still, new data on consumer price inflation will be of interest, since market participants have been looking for signs that the post-pandemic recovery is generating a surge in prices amid supply chain and labor shortages and booming demand.</p><p>The Labor Department's May consumer price index (CPI) on Thursday will show the latest on these price trends for the average American. Consensus economists are looking for the index to register a 0.4% month-on-month increase after a 0.8% surge in April. And over last year, the headline CPI is expected to jump 4.7%, or by the most since 2008.</p><p>The core CPI, or more closely watched measure excluding volatile food and energy prices, is expected to rise 0.4% month-on-month and 3.4% year-on-year. The latter would mark the greatest jump in nearly three decades.</p><p>\"Thursday’s CPI data will be scrutinized after last month’s report sent up a flare on higher inflation,\" David Donabedian, chief investment officer of CIBC Private Wealth, wrote in an email on Friday. \"While the consensus is for a 0.4% monthly increase, the risk is probably to the upside as bottlenecks and other supply constraints push costs higher.\"</p><p>Last month's greater-than-expected surge in the April consumer price index contributed to a 2% selloff in the S&amp;P 500, with concerns over fast-rising and persistent inflation threatening to dampen the growth potential of longer-duration stocks especially. Market participants have also been monitoring inflation data with an eye to its implications for monetary policy, with the Federal Reserve looking for inflation to average above 2% for a period of time before rolling back some of its crisis-era support.</p><p class=\"t-img-caption\"><img src=\"https://s.yimg.com/os/creatr-uploaded-images/2021-06/7b67e850-c568-11eb-8eff-e0f80513b616\" tg-width=\"3928\" tg-height=\"2619\" referrerpolicy=\"no-referrer\"><span>WASHINGTON, DC - SEPTEMBER 24: Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill on September 24, 2020 in Washington, DC. Powell and U.S. Treasury Secretary Steven Mnuchin are testifying about the CARES Act and the economic effects of the coronavirus pandemic. (Photo by Drew Angerer/Getty Images)Drew Angerer via Getty Images</span></p><p>Most Fed officials and outside economists have suggested the jump in inflation reflected in the data for this spring will be transitory, largely reflecting the result of base effects off last year's pandemic-depressed levels. However, consumers have also begun to increasingly expect higher inflation in the future, with this shift in psychology also contributing in part to the Fed's decision-making. In <a href=\"https://laohu8.com/S/AONE.U\">one</a> example, the University of Michigan's final May consumer sentiment index dipped compared to April in part due to concerns that higher inflation would weaken spending power.</p><p>\"Shifting policy language and a small rate increase could douse inflationary psychology; it would be no surprise to consumers, as two-thirds already expect higher interest rates in the year ahead,\" Richard Curtin, chief economist for the University of Michigan's Surveys of Consumers, said in a press statement at the time.</p><p>Still, inflation and price stability represents just one prong of the Federal Reserve's dual mandate, with the other being achieving maximum employment. To that end, Friday's May jobs report suggested the economy remained a ways off from the Fed's goals, with U.S. employers adding back just 559,000 payrolls versus the 675,000 expected and leaving the economy still 7.6 million jobs short of pre-pandemic levels.</p><p>\"The inflation narrative is secondary for the taper discussion, but it is still a consideration. With inflation pressures rising, the risk assessment has likely shifted a bit,\" Michelle Meyer, Bank of America U.S. economist, wrote in a note on Friday. \"The concern for Fed officials is less about strong core CPI prints and more about the drift higher in inflation expectations coupled with signs of a wage-price push. This can make the temporary gains in inflation more persistent.\"</p><h2>GameStop earnings</h2><p>Some fundamental news will be coming out this week for investors in GameStop (GME), one of the original names to be swept up in the \"meme stock\" frenzy at the beginning of this year.</p><p>GameStop is set to report fiscal first-quarter results Wednesday after market close, offering an update on the company's business as retail investor interest in the stock remains heightened.</p><p>Consensus analysts expect GameStop will post adjusted losses of 59 cents per share for the three months ended in April, with this loss narrowing from the $1.61 per share reported in the same three months of last year. Revenue is expected to grow 14% to $1.17 billion.</p><p>Investors on the Reddit forum r/wallstreetbets pushed up shares of GameStop initially in January, flocking en masse to the heavily shorted stock to force short-sellers to cover their positions and push the stock's price even higher. Shares of GameStop have rallied by more than 1,200% for the year-to-date through Friday's close.</p><p>According to data from S3 Partners' Ihor Dusaniwsky, short interest in GameStop totaled $2.99 billion as of Friday's close, with 11.58 million shares shorted for a 20.3% short percent of float. Short sellers in GameStop were down by $294 million last week, he added.</p><p>But in recent weeks, AMC Entertainment (AMC) — another heavily shorted stock — eclipsed GameStop in terms of online interest and in share price appreciation. Shares of AMC have risen by more than 400% over the past one month, compared to a 56% increase in shares of GameStop. And AMC's market capitalization eclipsed that of GameStop last week, with the former's market value jumping above $30 billion.</p><p>The vast majority of the moves in the meme stocks were driven by social media popularity as opposed to traditional measures of stock valuation such as earnings and expected future cash flows. However, some have asserted that there is a fundamental argument to be made for investing in shares of AMC and GameStop, with the consumer-facing, brick-and-mortar businesses benefiting from the same \"reopening trade\" rotation that has lifted airline, cruise line, leisure stocks and retailers.</p><p>Still, most Wall Street analysts remain on the sidelines. Three analysts gave GameStop's shares a sell recommendation and two offered a hold, according to Bloomberg data last week. Likewise, AMC garnered four Sell ratings and five Holds. No analysts rated either stock as a Buy, with the vast majority of analysts suggesting the stocks' prices had outrun the underlying value of the businesses. And last week, major banks including Bank of America, Citigroup and Jefferies tightened rules over which clients could participate in short selling of the meme stocks, in an attempt to limit exposure to the extreme volatility these securities have witnessed recently, Bloomberg reported.</p><p>But given the lasting explosion in meme stocks this year, many have conceded that social media-driven trading represents a paradigm shift in the market.</p><p>“This is no longer our grandparents’, or for that matter, our parents' stock market,” Zephyr Market Strategist Ryan Nauman told Yahoo Finance. “Now, investment professionals need to start focusing more on looking at alternative data sets, rethinking their investment thesis to consider this growing cohort of retail investors.”</p><p>Others suggested the heightened speculative trading among retail investors may begin to dwindle once more investors are pulled back into workplaces in person and time at home for trading becomes scarcer.</p><p>\"Participation of the retail investor in U.S. equities has very, very closely followed inversely the COVID timeline. So one of my favorite charts is looking at an Apple mobility index for the U.S., you invert it, and you overlay whatever your favorite measure of retail participation is ... and there is a very striking correlation,\" Binky Chadha, Deustche Bank chief global strategist, told Yahoo Finance on Thursday. \"So I would argue that the participation is following this ... and the thesis is that as markets reopen, retail participation is going to come down.\"</p><p>\"We tend to think of it as a flash in the pan as opposed to a change in the trend,\" he concluded.</p><h2>Economic Calendar</h2><ul><li><p><b>Monday: </b>Consumer credit ($20.000 billion expected, $25.841 billion in March)</p></li><li><p><b>Tuesday: </b>NFIB Small Business Optimism, May (100.5 expected, 99.8 in April); Trade balance, April (-$69.0 billion expected, -$74.4 billion in March); JOLTS Job Openings, April (8.123 million in March)</p></li><li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended June 4 (-4.0% during prior week); Wholesale inventories, month-over-month, April final (0.8% expected, 0.8% in prior print)</p></li><li><p><b>Thursday: </b>Consumer price index, month-over-month, May (0.4% expected, 0.8% in April); Consumer price index excluding food and energy, month-over-month, May (0.4% expected, 0.9% in April); Consumer price index, year-over-year, May (4.7% expected, 4.2% in April); Consumer price index excluding food and energy, year-over-year, May (3.4% expected, 3.0% in April); Initial jobless claims, week ended June 5 (372,000 expected, 385,000 during prior week); Continuing claims, week ended May 29 (3.771 million during prior week); Household change in net worth, Q1 ($6.93 trillion in Q4); Monthly budget statement, May (-$225.6 billion in April)</p></li><li><p><b>Friday: </b>University of Michigan sentiment, June preliminary (84.0 expected, 82.9 in May)</p></li></ul><h2>Earnings Calendar</h2><ul><li><p><b>Monday: </b>Coupa Software (COUP), StitchFix (SFIX) after market close</p></li><li><p><b>Tuesday: </b>N/A</p></li><li><p><b>Wednesday: </b>RH (RH), GameStop (GME) after market close</p></li><li><p><b>Thursday: </b>FuelCell Energy (FCEL) before market open; Chewy (CHWY), Dave &amp; Buster's Entertainment (PLAY) after market close</p></li><li><p><b>Friday: </b>N/A</p></li></ul>","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>GameStop earnings, consumer inflation data: What to know this week</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\">\nGameStop earnings, consumer inflation data: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/game-stop-earnings-consumer-inflation-data-what-to-know-this-week-143700353.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This week is set to be a relatively quiet one for investors in terms of economic data releases and earnings reports. Officials from the Federal Reserve will also enter their \"blackout period\" ahead of...</p>\n\n<a href=\"https://finance.yahoo.com/news/game-stop-earnings-consumer-inflation-data-what-to-know-this-week-143700353.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","COUP":"Coupa Software Inc","GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/game-stop-earnings-consumer-inflation-data-what-to-know-this-week-143700353.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2141926289","content_text":"This week is set to be a relatively quiet one for investors in terms of economic data releases and earnings reports. Officials from the Federal Reserve will also enter their \"blackout period\" ahead of their June policy-setting meeting.Still, new data on consumer price inflation will be of interest, since market participants have been looking for signs that the post-pandemic recovery is generating a surge in prices amid supply chain and labor shortages and booming demand.The Labor Department's May consumer price index (CPI) on Thursday will show the latest on these price trends for the average American. Consensus economists are looking for the index to register a 0.4% month-on-month increase after a 0.8% surge in April. And over last year, the headline CPI is expected to jump 4.7%, or by the most since 2008.The core CPI, or more closely watched measure excluding volatile food and energy prices, is expected to rise 0.4% month-on-month and 3.4% year-on-year. The latter would mark the greatest jump in nearly three decades.\"Thursday’s CPI data will be scrutinized after last month’s report sent up a flare on higher inflation,\" David Donabedian, chief investment officer of CIBC Private Wealth, wrote in an email on Friday. \"While the consensus is for a 0.4% monthly increase, the risk is probably to the upside as bottlenecks and other supply constraints push costs higher.\"Last month's greater-than-expected surge in the April consumer price index contributed to a 2% selloff in the S&P 500, with concerns over fast-rising and persistent inflation threatening to dampen the growth potential of longer-duration stocks especially. Market participants have also been monitoring inflation data with an eye to its implications for monetary policy, with the Federal Reserve looking for inflation to average above 2% for a period of time before rolling back some of its crisis-era support.WASHINGTON, DC - SEPTEMBER 24: Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill on September 24, 2020 in Washington, DC. Powell and U.S. Treasury Secretary Steven Mnuchin are testifying about the CARES Act and the economic effects of the coronavirus pandemic. (Photo by Drew Angerer/Getty Images)Drew Angerer via Getty ImagesMost Fed officials and outside economists have suggested the jump in inflation reflected in the data for this spring will be transitory, largely reflecting the result of base effects off last year's pandemic-depressed levels. However, consumers have also begun to increasingly expect higher inflation in the future, with this shift in psychology also contributing in part to the Fed's decision-making. In one example, the University of Michigan's final May consumer sentiment index dipped compared to April in part due to concerns that higher inflation would weaken spending power.\"Shifting policy language and a small rate increase could douse inflationary psychology; it would be no surprise to consumers, as two-thirds already expect higher interest rates in the year ahead,\" Richard Curtin, chief economist for the University of Michigan's Surveys of Consumers, said in a press statement at the time.Still, inflation and price stability represents just one prong of the Federal Reserve's dual mandate, with the other being achieving maximum employment. To that end, Friday's May jobs report suggested the economy remained a ways off from the Fed's goals, with U.S. employers adding back just 559,000 payrolls versus the 675,000 expected and leaving the economy still 7.6 million jobs short of pre-pandemic levels.\"The inflation narrative is secondary for the taper discussion, but it is still a consideration. With inflation pressures rising, the risk assessment has likely shifted a bit,\" Michelle Meyer, Bank of America U.S. economist, wrote in a note on Friday. \"The concern for Fed officials is less about strong core CPI prints and more about the drift higher in inflation expectations coupled with signs of a wage-price push. This can make the temporary gains in inflation more persistent.\"GameStop earningsSome fundamental news will be coming out this week for investors in GameStop (GME), one of the original names to be swept up in the \"meme stock\" frenzy at the beginning of this year.GameStop is set to report fiscal first-quarter results Wednesday after market close, offering an update on the company's business as retail investor interest in the stock remains heightened.Consensus analysts expect GameStop will post adjusted losses of 59 cents per share for the three months ended in April, with this loss narrowing from the $1.61 per share reported in the same three months of last year. Revenue is expected to grow 14% to $1.17 billion.Investors on the Reddit forum r/wallstreetbets pushed up shares of GameStop initially in January, flocking en masse to the heavily shorted stock to force short-sellers to cover their positions and push the stock's price even higher. Shares of GameStop have rallied by more than 1,200% for the year-to-date through Friday's close.According to data from S3 Partners' Ihor Dusaniwsky, short interest in GameStop totaled $2.99 billion as of Friday's close, with 11.58 million shares shorted for a 20.3% short percent of float. Short sellers in GameStop were down by $294 million last week, he added.But in recent weeks, AMC Entertainment (AMC) — another heavily shorted stock — eclipsed GameStop in terms of online interest and in share price appreciation. Shares of AMC have risen by more than 400% over the past one month, compared to a 56% increase in shares of GameStop. And AMC's market capitalization eclipsed that of GameStop last week, with the former's market value jumping above $30 billion.The vast majority of the moves in the meme stocks were driven by social media popularity as opposed to traditional measures of stock valuation such as earnings and expected future cash flows. However, some have asserted that there is a fundamental argument to be made for investing in shares of AMC and GameStop, with the consumer-facing, brick-and-mortar businesses benefiting from the same \"reopening trade\" rotation that has lifted airline, cruise line, leisure stocks and retailers.Still, most Wall Street analysts remain on the sidelines. Three analysts gave GameStop's shares a sell recommendation and two offered a hold, according to Bloomberg data last week. Likewise, AMC garnered four Sell ratings and five Holds. No analysts rated either stock as a Buy, with the vast majority of analysts suggesting the stocks' prices had outrun the underlying value of the businesses. And last week, major banks including Bank of America, Citigroup and Jefferies tightened rules over which clients could participate in short selling of the meme stocks, in an attempt to limit exposure to the extreme volatility these securities have witnessed recently, Bloomberg reported.But given the lasting explosion in meme stocks this year, many have conceded that social media-driven trading represents a paradigm shift in the market.“This is no longer our grandparents’, or for that matter, our parents' stock market,” Zephyr Market Strategist Ryan Nauman told Yahoo Finance. “Now, investment professionals need to start focusing more on looking at alternative data sets, rethinking their investment thesis to consider this growing cohort of retail investors.”Others suggested the heightened speculative trading among retail investors may begin to dwindle once more investors are pulled back into workplaces in person and time at home for trading becomes scarcer.\"Participation of the retail investor in U.S. equities has very, very closely followed inversely the COVID timeline. So one of my favorite charts is looking at an Apple mobility index for the U.S., you invert it, and you overlay whatever your favorite measure of retail participation is ... and there is a very striking correlation,\" Binky Chadha, Deustche Bank chief global strategist, told Yahoo Finance on Thursday. \"So I would argue that the participation is following this ... and the thesis is that as markets reopen, retail participation is going to come down.\"\"We tend to think of it as a flash in the pan as opposed to a change in the trend,\" he concluded.Economic CalendarMonday: Consumer credit ($20.000 billion expected, $25.841 billion in March)Tuesday: NFIB Small Business Optimism, May (100.5 expected, 99.8 in April); Trade balance, April (-$69.0 billion expected, -$74.4 billion in March); JOLTS Job Openings, April (8.123 million in March)Wednesday: MBA Mortgage Applications, week ended June 4 (-4.0% during prior week); Wholesale inventories, month-over-month, April final (0.8% expected, 0.8% in prior print)Thursday: Consumer price index, month-over-month, May (0.4% expected, 0.8% in April); Consumer price index excluding food and energy, month-over-month, May (0.4% expected, 0.9% in April); Consumer price index, year-over-year, May (4.7% expected, 4.2% in April); Consumer price index excluding food and energy, year-over-year, May (3.4% expected, 3.0% in April); Initial jobless claims, week ended June 5 (372,000 expected, 385,000 during prior week); Continuing claims, week ended May 29 (3.771 million during prior week); Household change in net worth, Q1 ($6.93 trillion in Q4); Monthly budget statement, May (-$225.6 billion in April)Friday: University of Michigan sentiment, June preliminary (84.0 expected, 82.9 in May)Earnings CalendarMonday: Coupa Software (COUP), StitchFix (SFIX) after market closeTuesday: N/AWednesday: RH (RH), GameStop (GME) after market closeThursday: FuelCell Energy (FCEL) before market open; Chewy (CHWY), Dave & Buster's Entertainment (PLAY) after market closeFriday: N/A","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104561071,"gmtCreate":1620398350593,"gmtModify":1704343173110,"author":{"id":"3570006863558943","authorId":"3570006863558943","name":"SuiBianLah","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570006863558943","idStr":"3570006863558943"},"themes":[],"htmlText":"Amazing","listText":"Amazing","text":"Amazing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104561071","repostId":"2133500490","repostType":4,"repost":{"id":"2133500490","kind":"highlight","pubTimestamp":1620396360,"share":"https://ttm.financial/m/news/2133500490?lang=&edition=fundamental","pubTime":"2021-05-07 22:06","market":"us","language":"en","title":"Beyond Meat Gets Ground Up in Q1, Offers Hope for Q2","url":"https://stock-news.laohu8.com/highlight/detail?id=2133500490","media":"Motley Fool","summary":"Tough comparables, lingering pandemic impacts, and rising costs all conspired to torpedo results.","content":"<p><b>Beyond Meat</b> (NASDAQ:BYND) failed to live up to Wall Street's more optimistic first-quarter earnings forecasts, falling short on revenue and badly missing the mark on adjusted profits.</p>\n<p>The plant-based meat alternative is still confronting the drag of the global pandemic on foodservice sales, while also going up against some tough comparables from last year when revenue soared 141%, though management says there may be a light at the end of the tunnel.</p>\n<p><img src=\"https://static.tigerbbs.com/68423b222df2b459a9ec3faf7de3bf1d\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>Revenue rose 11% in the first quarter to $108.2 million, missing analyst expectations of $113.8 million, but adjusted losses widened to $26.2 million, or $0.42 per share, or more than double the $0.19 per share Wall Street had forecast.</p>\n<p>Reality diverged from expectations because COVID-19 continues to impact its foodservice business, where revenue tumbled 26% year over year to $16.7 million in the U.S., and plunged 44% internationally to $10.4 million. The segment now accounts for 25% of total revenue, down from 42% a year ago.</p>\n<p>It was largely able to make up for that by continuing to expand into the retail market both here and abroad, and segment revenue jumped 28% and 189%, respectively, as its plant-based meat alternatives gained greater acceptance globally.</p>\n<h2>No longer frozen out</h2>\n<p>Yet Beyond Meat sees a \"slow thaw\" occurring in the foodservice sector in the U.S. and in certain international markets, which is allowing it to begin offering guidance again. It's still a tentative step, and it's only applicable to net revenue, which management sees rising between $135 million and $150 million in the second quarter.</p>\n<p>At the midpoint, that's almost 26% higher than last year, and is helped by the new brand partnerships it's entered into, though new competition could eat into those projections for next quarter and beyond.</p>\n<p><b>Tyson Foods</b> (NYSE:TSN) announced last week it was launching its own line of plant-based burgers. While the protein processor has been dipping its toe into the plant-based market for some time now, a meatless patty is a direct challenge to Beyond Meat.</p>\n<p>It's also not the only large, well-financed, multinational corporation entering the plant-based alternatives market. So even if Beyond Meat is able to continue expanding into new retail locations, consumers may very well be confronted by a number of meatless options when they go shopping. It could blunt the expansion that it hopes changes its trajectory.</p>\n<h2>Throwing investors a bone</h2>\n<p>Plant-based protein sales surged 148% last year, according to Tyson, which could be a case of an expanding pie giving more players a seat at the table. Everyone just might be able to prosper, Beyond Meat included, as the niche becomes more mainstream in the U.S. and internationally.</p>\n<p>The company maintains it is \"highly focused\" on investing in and building out its production infrastructure in the U.S., the EU, and China. It's also developing new products to meet the challenge of a wider consumer palate for plant-based alternatives as well as the entry of so many competitors into the marketplace.</p>\n<p>Yet those all come with significant costs attached, and were in large part responsible for Beyond Meat missing top- and bottom-line expectations this quarter.</p>\n<h2>Put through a meat grinder</h2>\n<p>Still, it's a mark of forward thinking by management that it's not allowing what are ultimately transient market conditions brought on by the pandemic to interfere with its growth plans. It's how well consumers react to the flood of options that will determine Beyond Meat's future.</p>\n<p>The stock has lost almost half its value from the peak it reached earlier this year, and will likely fall further after the current earnings report, which has to be a disappointment to many. Beyond Meat just hasn't shown yet that it can do more than really nibble around the edges of its potential.</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>Beyond Meat Gets Ground Up in Q1, Offers Hope for Q2</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\">\nBeyond Meat Gets Ground Up in Q1, Offers Hope for Q2\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/07/beyond-meat-comes-up-short-in-q1-offers-hope-for-q/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Beyond Meat (NASDAQ:BYND) failed to live up to Wall Street's more optimistic first-quarter earnings forecasts, falling short on revenue and badly missing the mark on adjusted profits.\nThe plant-based ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/07/beyond-meat-comes-up-short-in-q1-offers-hope-for-q/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOPE":"Hope Bancorp, Inc.","QTWO":"Q2 Holdings Inc","BYND":"Beyond Meat, Inc."},"source_url":"https://www.fool.com/investing/2021/05/07/beyond-meat-comes-up-short-in-q1-offers-hope-for-q/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133500490","content_text":"Beyond Meat (NASDAQ:BYND) failed to live up to Wall Street's more optimistic first-quarter earnings forecasts, falling short on revenue and badly missing the mark on adjusted profits.\nThe plant-based meat alternative is still confronting the drag of the global pandemic on foodservice sales, while also going up against some tough comparables from last year when revenue soared 141%, though management says there may be a light at the end of the tunnel.\n\nImage source: Getty Images.\nRevenue rose 11% in the first quarter to $108.2 million, missing analyst expectations of $113.8 million, but adjusted losses widened to $26.2 million, or $0.42 per share, or more than double the $0.19 per share Wall Street had forecast.\nReality diverged from expectations because COVID-19 continues to impact its foodservice business, where revenue tumbled 26% year over year to $16.7 million in the U.S., and plunged 44% internationally to $10.4 million. The segment now accounts for 25% of total revenue, down from 42% a year ago.\nIt was largely able to make up for that by continuing to expand into the retail market both here and abroad, and segment revenue jumped 28% and 189%, respectively, as its plant-based meat alternatives gained greater acceptance globally.\nNo longer frozen out\nYet Beyond Meat sees a \"slow thaw\" occurring in the foodservice sector in the U.S. and in certain international markets, which is allowing it to begin offering guidance again. It's still a tentative step, and it's only applicable to net revenue, which management sees rising between $135 million and $150 million in the second quarter.\nAt the midpoint, that's almost 26% higher than last year, and is helped by the new brand partnerships it's entered into, though new competition could eat into those projections for next quarter and beyond.\nTyson Foods (NYSE:TSN) announced last week it was launching its own line of plant-based burgers. While the protein processor has been dipping its toe into the plant-based market for some time now, a meatless patty is a direct challenge to Beyond Meat.\nIt's also not the only large, well-financed, multinational corporation entering the plant-based alternatives market. So even if Beyond Meat is able to continue expanding into new retail locations, consumers may very well be confronted by a number of meatless options when they go shopping. It could blunt the expansion that it hopes changes its trajectory.\nThrowing investors a bone\nPlant-based protein sales surged 148% last year, according to Tyson, which could be a case of an expanding pie giving more players a seat at the table. Everyone just might be able to prosper, Beyond Meat included, as the niche becomes more mainstream in the U.S. and internationally.\nThe company maintains it is \"highly focused\" on investing in and building out its production infrastructure in the U.S., the EU, and China. It's also developing new products to meet the challenge of a wider consumer palate for plant-based alternatives as well as the entry of so many competitors into the marketplace.\nYet those all come with significant costs attached, and were in large part responsible for Beyond Meat missing top- and bottom-line expectations this quarter.\nPut through a meat grinder\nStill, it's a mark of forward thinking by management that it's not allowing what are ultimately transient market conditions brought on by the pandemic to interfere with its growth plans. It's how well consumers react to the flood of options that will determine Beyond Meat's future.\nThe stock has lost almost half its value from the peak it reached earlier this year, and will likely fall further after the current earnings report, which has to be a disappointment to many. Beyond Meat just hasn't shown yet that it can do more than really nibble around the edges of its potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}