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2021-07-21

you say right ?

Too Late to Join BB Stock Rally as Upside Is Gone

2021-04-20

$Luminar Technologies, Inc.(LAZR)$**Austin

2023-06-08

2021-09-01

$Luminar Technologies, Inc.(LAZR)$rubbish

2021-06-04

do you understand why

Bank of America analyst throws in the towel on meme stocks, says fundamentals are not driving shares

Go to Tiger App to see more news

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href=\"https://laohu8.com/S/LAZR\">$Luminar Technologies, Inc.(LAZR)$</a>rubbish","text":"$Luminar Technologies, Inc.(LAZR)$rubbish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816221874","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176603502,"gmtCreate":1626878071106,"gmtModify":1703479842849,"author":{"id":"3570605047103152","authorId":"3570605047103152","name":"荷马先生","avatar":"https://static.tigerbbs.com/1d69283377af06639e7c3544aa273e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570605047103152","authorIdStr":"3570605047103152"},"themes":[],"htmlText":"you say right ?&nbsp;","listText":"you say right ?&nbsp;","text":"you say right ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176603502","repostId":"1111938926","repostType":2,"repost":{"id":"1111938926","kind":"news","pubTimestamp":1626852633,"share":"https://ttm.financial/m/news/1111938926?lang=&edition=fundamental","pubTime":"2021-07-21 15:30","market":"us","language":"en","title":"Too Late to Join BB Stock Rally as Upside Is Gone","url":"https://stock-news.laohu8.com/highlight/detail?id=1111938926","media":"InvestorPlace","summary":"The Canadian security software supplier is a valuable addition to your portfolio but not at the curr","content":"<blockquote>\n The Canadian security software supplier is a valuable addition to your portfolio but not at the current price point.\n</blockquote>\n<p>Much like its other meme stock compatriots,&nbsp;<b>Blackberry</b>&nbsp;(NYSE:<b><u>BB</u></b>) is having a great time. BB stock has outperformed the<b>S&amp;P 500</b>by 103.7% and its sector by 101.0% in the past year.</p>\n<p><img src=\"https://static.tigerbbs.com/f55cc8968bbff5b4c2357c14d60ddccf\" tg-width=\"300\" tg-height=\"165\" referrerpolicy=\"no-referrer\">Source: <a href=\"https://laohu8.com/S/BBRY\">BlackBerry</a></p>\n<p>Much like<b>Nokia</b>(NYSE:<b><u>NOK</u></b>), Blackberry is a solid company on its own merits. Once known as the world’s largest smartphone manufacturer, <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> now provides intelligent security software and services to enterprises and governments.</p>\n<p>But the recent bull run is not because of its fundamentals or outlook. Following wild successes with<b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b>(NYSE:<b><u>GME</u></b>) and<b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b>(NYSE:<b><u>AMC</u></b>) earlier this year, Reddit speculators turned their sights to BlackBerry.</p>\n<p>BB stock hit unprecedented heights back in January due to a short squeeze when it reached $28.77. Since that time, the stock has fallen substantially, dropping 22.2% in the last month alone.</p>\n<p>After the fall, two opinions are emerging. The first is to load up on shares to take advantage of the drop. As we have seen, Redditors have ahabit of proving Wall Street wrong. Therecent price actionin GameStop and several other stocks shows that<b>WallStreetBets</b>is not a thing of the past.</p>\n<p>The second opinion is to wait a while for shares to fall a bit more. As I write this, the level of short interest stands at 7.6%, which is not a level that will get Reddit excited.</p>\n<p>And considering the stimulus money is drying up, Reddit traders will not have the capital to pump up BB stock. So, considering all these factors, I do not think it’s the right time to pursue this <a href=\"https://laohu8.com/S/AONE.U\">one</a>.</p>\n<p><b>BB Stock Is a Good One but Not at Current Rates</b></p>\n<p>Last month, BlackBerry reported a set of mixed earnings. Although the Canadian security software supplier beat Wall Street estimates for quarterly revenue, the $174 million sales did not compare favorably with the $206 million a year earlier.</p>\n<p>Net loss narrowed to $62 million, or 11 cents per share, from $636 million, or $1.14 per share, a year earlier. Demand for its QNX operating software and cybersecurity products remains solid. But you can see that the sales momentum is fading a bit.</p>\n<p>It makes sense. When the pandemic struck, demand for cybersecurity services skyrocketed as businesses migrated to cloud-based computing to support remote work. Therefore, on the IT security front, BlackBerry is rock solid.</p>\n<p>My colleague Larry Ramermakes an excellent point. You have to put the first quarter numbers into context. A once-in-a-lifetime pandemic helped boost the top line last year. Understandably, the numbers will not be the moving forward.</p>\n<p>In addition, BlackBerry’s QNX business suffered due to chip shortages and the company’s intellectual property revenue fell in Q1 because of ongoing talks over the sale of many of its patents. Finally, the company pays out its annual bonuses in Q1, which also substantially impacts the bottom line.</p>\n<p>Apart from the solid financials, an early version of Ivy, the auto app store BlackBerry is developing with<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) and other partners, is expected to be released in October 2021.</p>\n<p>BlackBerry IVYis a scalable, cloud-connected software platform, which will enable automotive manufacturers to read vehicle sensor data and create actionable insights from that data. Moving forward, this can become a major source of revenue for BlackBerry.</p>\n<p><b>Long-Term Investment Once the Price Falls</b></p>\n<p>Considering the positive tailwinds, it makes sense if you are interested in BB stock. But considering the price, it is better to wait for this one out.</p>\n<p>BB stock has a 52-week low of $4.37 per share. BlackBerry doesn’t make smartphones anymore. But at a $6.4 billion market value, investors must be reminiscing of the time when it did. As a cybersecurity company specializing in enterprise-critical event management solutions, we have already made the point that this is a good investment. Nevertheless, as a meme stock, BB stock is on a rollercoaster ride, oscillating wildly between two extremes.</p>\n<p>Doing my own research, I calculated an intrinsic value of $4.1 per share. My calculations used an 11% discount rate and unlevered free cash flow of $106.5 million, which is the figure for the 2020 fiscal year. I used a growth rate of 10% over a ten year horizon and multiplied the 10th year with 12 to get the sell-off value. I added the net present value figures and divided this number with outstanding share capital, 566.2 million shares, to arrive at the intrinsic value per share. Again, this is just my calculation, and you can disagree on the inputs.</p>\n<p><i>TipRanks</i>tracks four analysts offering 12-month price targets for BlackBerry. The average price target is $9.50,representing a 15.25% downside from its current price. So, the overvaluation concerns are on point.</p>\n<p><b>Great Stock, Bad Timing</b></p>\n<p>Blackberry is a great stock. There is no disputing it stands apart among a sea of meme stocks with iffy fundamentals. Considering these factors, the case is there for investing in this one. But that should only happen once trading closer to fair value since shares are still fundamentally overvalued.</p>\n<p>Keep an eye on this one. If shares continue to shed value at an exponential rate, this will become a must-have name for your portfolio.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Too Late to Join BB Stock Rally as Upside Is Gone</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\">\nToo Late to Join BB Stock Rally as Upside Is Gone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 15:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/too-late-to-join-bb-stock-rally-as-upside-is-gone/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Canadian security software supplier is a valuable addition to your portfolio but not at the current price point.\n\nMuch like its other meme stock compatriots, Blackberry (NYSE:BB) is having a great...</p>\n\n<a href=\"https://investorplace.com/2021/07/too-late-to-join-bb-stock-rally-as-upside-is-gone/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://investorplace.com/2021/07/too-late-to-join-bb-stock-rally-as-upside-is-gone/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111938926","content_text":"The Canadian security software supplier is a valuable addition to your portfolio but not at the current price point.\n\nMuch like its other meme stock compatriots, Blackberry (NYSE:BB) is having a great time. BB stock has outperformed theS&P 500by 103.7% and its sector by 101.0% in the past year.\nSource: BlackBerry\nMuch likeNokia(NYSE:NOK), Blackberry is a solid company on its own merits. Once known as the world’s largest smartphone manufacturer, BlackBerry now provides intelligent security software and services to enterprises and governments.\nBut the recent bull run is not because of its fundamentals or outlook. Following wild successes withGameStop(NYSE:GME) andAMC Entertainment(NYSE:AMC) earlier this year, Reddit speculators turned their sights to BlackBerry.\nBB stock hit unprecedented heights back in January due to a short squeeze when it reached $28.77. Since that time, the stock has fallen substantially, dropping 22.2% in the last month alone.\nAfter the fall, two opinions are emerging. The first is to load up on shares to take advantage of the drop. As we have seen, Redditors have ahabit of proving Wall Street wrong. Therecent price actionin GameStop and several other stocks shows thatWallStreetBetsis not a thing of the past.\nThe second opinion is to wait a while for shares to fall a bit more. As I write this, the level of short interest stands at 7.6%, which is not a level that will get Reddit excited.\nAnd considering the stimulus money is drying up, Reddit traders will not have the capital to pump up BB stock. So, considering all these factors, I do not think it’s the right time to pursue this one.\nBB Stock Is a Good One but Not at Current Rates\nLast month, BlackBerry reported a set of mixed earnings. Although the Canadian security software supplier beat Wall Street estimates for quarterly revenue, the $174 million sales did not compare favorably with the $206 million a year earlier.\nNet loss narrowed to $62 million, or 11 cents per share, from $636 million, or $1.14 per share, a year earlier. Demand for its QNX operating software and cybersecurity products remains solid. But you can see that the sales momentum is fading a bit.\nIt makes sense. When the pandemic struck, demand for cybersecurity services skyrocketed as businesses migrated to cloud-based computing to support remote work. Therefore, on the IT security front, BlackBerry is rock solid.\nMy colleague Larry Ramermakes an excellent point. You have to put the first quarter numbers into context. A once-in-a-lifetime pandemic helped boost the top line last year. Understandably, the numbers will not be the moving forward.\nIn addition, BlackBerry’s QNX business suffered due to chip shortages and the company’s intellectual property revenue fell in Q1 because of ongoing talks over the sale of many of its patents. Finally, the company pays out its annual bonuses in Q1, which also substantially impacts the bottom line.\nApart from the solid financials, an early version of Ivy, the auto app store BlackBerry is developing withAmazon(NASDAQ:AMZN) and other partners, is expected to be released in October 2021.\nBlackBerry IVYis a scalable, cloud-connected software platform, which will enable automotive manufacturers to read vehicle sensor data and create actionable insights from that data. Moving forward, this can become a major source of revenue for BlackBerry.\nLong-Term Investment Once the Price Falls\nConsidering the positive tailwinds, it makes sense if you are interested in BB stock. But considering the price, it is better to wait for this one out.\nBB stock has a 52-week low of $4.37 per share. BlackBerry doesn’t make smartphones anymore. But at a $6.4 billion market value, investors must be reminiscing of the time when it did. As a cybersecurity company specializing in enterprise-critical event management solutions, we have already made the point that this is a good investment. Nevertheless, as a meme stock, BB stock is on a rollercoaster ride, oscillating wildly between two extremes.\nDoing my own research, I calculated an intrinsic value of $4.1 per share. My calculations used an 11% discount rate and unlevered free cash flow of $106.5 million, which is the figure for the 2020 fiscal year. I used a growth rate of 10% over a ten year horizon and multiplied the 10th year with 12 to get the sell-off value. I added the net present value figures and divided this number with outstanding share capital, 566.2 million shares, to arrive at the intrinsic value per share. Again, this is just my calculation, and you can disagree on the inputs.\nTipRankstracks four analysts offering 12-month price targets for BlackBerry. The average price target is $9.50,representing a 15.25% downside from its current price. So, the overvaluation concerns are on point.\nGreat Stock, Bad Timing\nBlackberry is a great stock. There is no disputing it stands apart among a sea of meme stocks with iffy fundamentals. Considering these factors, the case is there for investing in this one. But that should only happen once trading closer to fair value since shares are still fundamentally overvalued.\nKeep an eye on this one. If shares continue to shed value at an exponential rate, this will become a must-have name for your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116401410,"gmtCreate":1622814276030,"gmtModify":1704191717473,"author":{"id":"3570605047103152","authorId":"3570605047103152","name":"荷马先生","avatar":"https://static.tigerbbs.com/1d69283377af06639e7c3544aa273e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570605047103152","authorIdStr":"3570605047103152"},"themes":[],"htmlText":"do you understand why&nbsp;","listText":"do you understand why&nbsp;","text":"do you understand why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116401410","repostId":"1127052522","repostType":2,"repost":{"id":"1127052522","kind":"news","pubTimestamp":1622809455,"share":"https://ttm.financial/m/news/1127052522?lang=&edition=fundamental","pubTime":"2021-06-04 20:24","market":"us","language":"en","title":"Bank of America analyst throws in the towel on meme stocks, says fundamentals are not driving shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1127052522","media":"CNBC","summary":"The dramatic volatility in meme stocks favored by Reddit traders has confounded Wall Street for mont","content":"<div>\n<p>The dramatic volatility in meme stocks favored by Reddit traders has confounded Wall Street for months, and Bank of America has decided to stop trying to make sense of some of them.\nAnalyst Curtis ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/bank-of-america-analyst-throws-in-the-towel-on-meme-stocks-says-fundamentals-are-not-driving-shares.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>Bank of America analyst throws in the towel on meme stocks, says fundamentals are not driving 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\">\nBank of America analyst throws in the towel on meme stocks, says fundamentals are not driving shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 20:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/04/bank-of-america-analyst-throws-in-the-towel-on-meme-stocks-says-fundamentals-are-not-driving-shares.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The dramatic volatility in meme stocks favored by Reddit traders has confounded Wall Street for months, and Bank of America has decided to stop trying to make sense of some of them.\nAnalyst Curtis ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/bank-of-america-analyst-throws-in-the-towel-on-meme-stocks-says-fundamentals-are-not-driving-shares.html\">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","BB":"黑莓","BBBY":"3B家居","GME":"游戏驿站"},"source_url":"https://www.cnbc.com/2021/06/04/bank-of-america-analyst-throws-in-the-towel-on-meme-stocks-says-fundamentals-are-not-driving-shares.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1127052522","content_text":"The dramatic volatility in meme stocks favored by Reddit traders has confounded Wall Street for months, and Bank of America has decided to stop trying to make sense of some of them.\nAnalyst Curtis Nagle announced in a pair of client notes on Thursday night that Bank of America was terminating coverage of GameStop, citing a reallocation of resources, and moving to “no rating” on Bed Bath & Beyond.\nThe stocks were two of the main characters in the first speculative retail trading flare-up earlier this year, and their volatility has picked up again over the past two weeks. The firm previously had a buy rating on Bed, Bath and Beyond and an underperform rating on GameStop.\n“We believe that the rapid appreciation in BBBY’s share is being driven by another surge in interest and trading led by retail investors ... As a result, we move to No Rating as we believe shares of BBBY are no longer trading on fundamentals,” Nagle said in a note about the home goods retailer. “Investors should no longer rely upon our previous investment opinion or price objective.”\nSince May 24, shares of GameStop have gained more than 40%, with five trading sessions delivering moves of more than 10% in either direction.\n“During this period, GME did not report any material updates and the only news on GME’s operations were very high level media reports that the company was working on a non-fungible token (NFT) platform,” Bank of America said.\nBed Bath & Beyond, meanwhile, has seen even more dramatic swings. The stock rose 62% on Wednesday and then fell almost 28% on Thursday.\n“While not quite as extreme as GME, BBBY has seen a large sequential increase in mentions on retail investor forums and trading volumes surged to 110mn shares (nearly 100% of the float) on 6/2/21,” Bank of America said.\nNagle said that he still believes there is a long-term bull case for Bed Bath & Beyond, but the stock no longer appears tethered to that potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371876893,"gmtCreate":1618928927012,"gmtModify":1704717080949,"author":{"id":"3570605047103152","authorId":"3570605047103152","name":"荷马先生","avatar":"https://static.tigerbbs.com/1d69283377af06639e7c3544aa273e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570605047103152","authorIdStr":"3570605047103152"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LAZR\">$Luminar Technologies, Inc.(LAZR)$</a>**Austin&nbsp;","listText":"<a href=\"https://laohu8.com/S/LAZR\">$Luminar Technologies, Inc.(LAZR)$</a>**Austin&nbsp;","text":"$Luminar Technologies, Inc.(LAZR)$**Austin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371876893","isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":176603502,"gmtCreate":1626878071106,"gmtModify":1703479842849,"author":{"id":"3570605047103152","authorId":"3570605047103152","name":"荷马先生","avatar":"https://static.tigerbbs.com/1d69283377af06639e7c3544aa273e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570605047103152","authorIdStr":"3570605047103152"},"themes":[],"htmlText":"you say right ?&nbsp;","listText":"you say right ?&nbsp;","text":"you say right ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176603502","repostId":"1111938926","repostType":2,"repost":{"id":"1111938926","kind":"news","pubTimestamp":1626852633,"share":"https://ttm.financial/m/news/1111938926?lang=&edition=fundamental","pubTime":"2021-07-21 15:30","market":"us","language":"en","title":"Too Late to Join BB Stock Rally as Upside Is Gone","url":"https://stock-news.laohu8.com/highlight/detail?id=1111938926","media":"InvestorPlace","summary":"The Canadian security software supplier is a valuable addition to your portfolio but not at the curr","content":"<blockquote>\n The Canadian security software supplier is a valuable addition to your portfolio but not at the current price point.\n</blockquote>\n<p>Much like its other meme stock compatriots,&nbsp;<b>Blackberry</b>&nbsp;(NYSE:<b><u>BB</u></b>) is having a great time. BB stock has outperformed the<b>S&amp;P 500</b>by 103.7% and its sector by 101.0% in the past year.</p>\n<p><img src=\"https://static.tigerbbs.com/f55cc8968bbff5b4c2357c14d60ddccf\" tg-width=\"300\" tg-height=\"165\" referrerpolicy=\"no-referrer\">Source: <a href=\"https://laohu8.com/S/BBRY\">BlackBerry</a></p>\n<p>Much like<b>Nokia</b>(NYSE:<b><u>NOK</u></b>), Blackberry is a solid company on its own merits. Once known as the world’s largest smartphone manufacturer, <a href=\"https://laohu8.com/S/BB\">BlackBerry</a> now provides intelligent security software and services to enterprises and governments.</p>\n<p>But the recent bull run is not because of its fundamentals or outlook. Following wild successes with<b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b>(NYSE:<b><u>GME</u></b>) and<b><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></b>(NYSE:<b><u>AMC</u></b>) earlier this year, Reddit speculators turned their sights to BlackBerry.</p>\n<p>BB stock hit unprecedented heights back in January due to a short squeeze when it reached $28.77. Since that time, the stock has fallen substantially, dropping 22.2% in the last month alone.</p>\n<p>After the fall, two opinions are emerging. The first is to load up on shares to take advantage of the drop. As we have seen, Redditors have ahabit of proving Wall Street wrong. Therecent price actionin GameStop and several other stocks shows that<b>WallStreetBets</b>is not a thing of the past.</p>\n<p>The second opinion is to wait a while for shares to fall a bit more. As I write this, the level of short interest stands at 7.6%, which is not a level that will get Reddit excited.</p>\n<p>And considering the stimulus money is drying up, Reddit traders will not have the capital to pump up BB stock. So, considering all these factors, I do not think it’s the right time to pursue this <a href=\"https://laohu8.com/S/AONE.U\">one</a>.</p>\n<p><b>BB Stock Is a Good One but Not at Current Rates</b></p>\n<p>Last month, BlackBerry reported a set of mixed earnings. Although the Canadian security software supplier beat Wall Street estimates for quarterly revenue, the $174 million sales did not compare favorably with the $206 million a year earlier.</p>\n<p>Net loss narrowed to $62 million, or 11 cents per share, from $636 million, or $1.14 per share, a year earlier. Demand for its QNX operating software and cybersecurity products remains solid. But you can see that the sales momentum is fading a bit.</p>\n<p>It makes sense. When the pandemic struck, demand for cybersecurity services skyrocketed as businesses migrated to cloud-based computing to support remote work. Therefore, on the IT security front, BlackBerry is rock solid.</p>\n<p>My colleague Larry Ramermakes an excellent point. You have to put the first quarter numbers into context. A once-in-a-lifetime pandemic helped boost the top line last year. Understandably, the numbers will not be the moving forward.</p>\n<p>In addition, BlackBerry’s QNX business suffered due to chip shortages and the company’s intellectual property revenue fell in Q1 because of ongoing talks over the sale of many of its patents. Finally, the company pays out its annual bonuses in Q1, which also substantially impacts the bottom line.</p>\n<p>Apart from the solid financials, an early version of Ivy, the auto app store BlackBerry is developing with<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) and other partners, is expected to be released in October 2021.</p>\n<p>BlackBerry IVYis a scalable, cloud-connected software platform, which will enable automotive manufacturers to read vehicle sensor data and create actionable insights from that data. Moving forward, this can become a major source of revenue for BlackBerry.</p>\n<p><b>Long-Term Investment Once the Price Falls</b></p>\n<p>Considering the positive tailwinds, it makes sense if you are interested in BB stock. But considering the price, it is better to wait for this one out.</p>\n<p>BB stock has a 52-week low of $4.37 per share. BlackBerry doesn’t make smartphones anymore. But at a $6.4 billion market value, investors must be reminiscing of the time when it did. As a cybersecurity company specializing in enterprise-critical event management solutions, we have already made the point that this is a good investment. Nevertheless, as a meme stock, BB stock is on a rollercoaster ride, oscillating wildly between two extremes.</p>\n<p>Doing my own research, I calculated an intrinsic value of $4.1 per share. My calculations used an 11% discount rate and unlevered free cash flow of $106.5 million, which is the figure for the 2020 fiscal year. I used a growth rate of 10% over a ten year horizon and multiplied the 10th year with 12 to get the sell-off value. I added the net present value figures and divided this number with outstanding share capital, 566.2 million shares, to arrive at the intrinsic value per share. Again, this is just my calculation, and you can disagree on the inputs.</p>\n<p><i>TipRanks</i>tracks four analysts offering 12-month price targets for BlackBerry. The average price target is $9.50,representing a 15.25% downside from its current price. So, the overvaluation concerns are on point.</p>\n<p><b>Great Stock, Bad Timing</b></p>\n<p>Blackberry is a great stock. There is no disputing it stands apart among a sea of meme stocks with iffy fundamentals. Considering these factors, the case is there for investing in this one. But that should only happen once trading closer to fair value since shares are still fundamentally overvalued.</p>\n<p>Keep an eye on this one. If shares continue to shed value at an exponential rate, this will become a must-have name for your portfolio.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Too Late to Join BB Stock Rally as Upside Is Gone</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\">\nToo Late to Join BB Stock Rally as Upside Is Gone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 15:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/too-late-to-join-bb-stock-rally-as-upside-is-gone/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Canadian security software supplier is a valuable addition to your portfolio but not at the current price point.\n\nMuch like its other meme stock compatriots, Blackberry (NYSE:BB) is having a great...</p>\n\n<a href=\"https://investorplace.com/2021/07/too-late-to-join-bb-stock-rally-as-upside-is-gone/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://investorplace.com/2021/07/too-late-to-join-bb-stock-rally-as-upside-is-gone/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111938926","content_text":"The Canadian security software supplier is a valuable addition to your portfolio but not at the current price point.\n\nMuch like its other meme stock compatriots, Blackberry (NYSE:BB) is having a great time. BB stock has outperformed theS&P 500by 103.7% and its sector by 101.0% in the past year.\nSource: BlackBerry\nMuch likeNokia(NYSE:NOK), Blackberry is a solid company on its own merits. Once known as the world’s largest smartphone manufacturer, BlackBerry now provides intelligent security software and services to enterprises and governments.\nBut the recent bull run is not because of its fundamentals or outlook. Following wild successes withGameStop(NYSE:GME) andAMC Entertainment(NYSE:AMC) earlier this year, Reddit speculators turned their sights to BlackBerry.\nBB stock hit unprecedented heights back in January due to a short squeeze when it reached $28.77. Since that time, the stock has fallen substantially, dropping 22.2% in the last month alone.\nAfter the fall, two opinions are emerging. The first is to load up on shares to take advantage of the drop. As we have seen, Redditors have ahabit of proving Wall Street wrong. Therecent price actionin GameStop and several other stocks shows thatWallStreetBetsis not a thing of the past.\nThe second opinion is to wait a while for shares to fall a bit more. As I write this, the level of short interest stands at 7.6%, which is not a level that will get Reddit excited.\nAnd considering the stimulus money is drying up, Reddit traders will not have the capital to pump up BB stock. So, considering all these factors, I do not think it’s the right time to pursue this one.\nBB Stock Is a Good One but Not at Current Rates\nLast month, BlackBerry reported a set of mixed earnings. Although the Canadian security software supplier beat Wall Street estimates for quarterly revenue, the $174 million sales did not compare favorably with the $206 million a year earlier.\nNet loss narrowed to $62 million, or 11 cents per share, from $636 million, or $1.14 per share, a year earlier. Demand for its QNX operating software and cybersecurity products remains solid. But you can see that the sales momentum is fading a bit.\nIt makes sense. When the pandemic struck, demand for cybersecurity services skyrocketed as businesses migrated to cloud-based computing to support remote work. Therefore, on the IT security front, BlackBerry is rock solid.\nMy colleague Larry Ramermakes an excellent point. You have to put the first quarter numbers into context. A once-in-a-lifetime pandemic helped boost the top line last year. Understandably, the numbers will not be the moving forward.\nIn addition, BlackBerry’s QNX business suffered due to chip shortages and the company’s intellectual property revenue fell in Q1 because of ongoing talks over the sale of many of its patents. Finally, the company pays out its annual bonuses in Q1, which also substantially impacts the bottom line.\nApart from the solid financials, an early version of Ivy, the auto app store BlackBerry is developing withAmazon(NASDAQ:AMZN) and other partners, is expected to be released in October 2021.\nBlackBerry IVYis a scalable, cloud-connected software platform, which will enable automotive manufacturers to read vehicle sensor data and create actionable insights from that data. Moving forward, this can become a major source of revenue for BlackBerry.\nLong-Term Investment Once the Price Falls\nConsidering the positive tailwinds, it makes sense if you are interested in BB stock. But considering the price, it is better to wait for this one out.\nBB stock has a 52-week low of $4.37 per share. BlackBerry doesn’t make smartphones anymore. But at a $6.4 billion market value, investors must be reminiscing of the time when it did. As a cybersecurity company specializing in enterprise-critical event management solutions, we have already made the point that this is a good investment. Nevertheless, as a meme stock, BB stock is on a rollercoaster ride, oscillating wildly between two extremes.\nDoing my own research, I calculated an intrinsic value of $4.1 per share. My calculations used an 11% discount rate and unlevered free cash flow of $106.5 million, which is the figure for the 2020 fiscal year. I used a growth rate of 10% over a ten year horizon and multiplied the 10th year with 12 to get the sell-off value. I added the net present value figures and divided this number with outstanding share capital, 566.2 million shares, to arrive at the intrinsic value per share. Again, this is just my calculation, and you can disagree on the inputs.\nTipRankstracks four analysts offering 12-month price targets for BlackBerry. The average price target is $9.50,representing a 15.25% downside from its current price. So, the overvaluation concerns are on point.\nGreat Stock, Bad Timing\nBlackberry is a great stock. There is no disputing it stands apart among a sea of meme stocks with iffy fundamentals. Considering these factors, the case is there for investing in this one. But that should only happen once trading closer to fair value since shares are still fundamentally overvalued.\nKeep an eye on this one. If shares continue to shed value at an exponential rate, this will become a must-have name for your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":450,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371876893,"gmtCreate":1618928927012,"gmtModify":1704717080949,"author":{"id":"3570605047103152","authorId":"3570605047103152","name":"荷马先生","avatar":"https://static.tigerbbs.com/1d69283377af06639e7c3544aa273e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570605047103152","authorIdStr":"3570605047103152"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LAZR\">$Luminar Technologies, Inc.(LAZR)$</a>**Austin&nbsp;","listText":"<a href=\"https://laohu8.com/S/LAZR\">$Luminar Technologies, Inc.(LAZR)$</a>**Austin&nbsp;","text":"$Luminar Technologies, Inc.(LAZR)$**Austin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371876893","isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185140091117608,"gmtCreate":1686239505595,"gmtModify":1686239506764,"author":{"id":"3570605047103152","authorId":"3570605047103152","name":"荷马先生","avatar":"https://static.tigerbbs.com/1d69283377af06639e7c3544aa273e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570605047103152","authorIdStr":"3570605047103152"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GOOG\">$谷歌(GOOG)$&nbsp;</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://laohu8.com/S/GOOG\">$谷歌(GOOG)$&nbsp;</a><v-v data-views=\"0\"></v-v>","text":"$谷歌(GOOG)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185140091117608","isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816221874,"gmtCreate":1630504464298,"gmtModify":1676530323098,"author":{"id":"3570605047103152","authorId":"3570605047103152","name":"荷马先生","avatar":"https://static.tigerbbs.com/1d69283377af06639e7c3544aa273e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570605047103152","authorIdStr":"3570605047103152"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LAZR\">$Luminar Technologies, Inc.(LAZR)$</a>rubbish","listText":"<a href=\"https://laohu8.com/S/LAZR\">$Luminar Technologies, Inc.(LAZR)$</a>rubbish","text":"$Luminar Technologies, Inc.(LAZR)$rubbish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816221874","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116401410,"gmtCreate":1622814276030,"gmtModify":1704191717473,"author":{"id":"3570605047103152","authorId":"3570605047103152","name":"荷马先生","avatar":"https://static.tigerbbs.com/1d69283377af06639e7c3544aa273e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570605047103152","authorIdStr":"3570605047103152"},"themes":[],"htmlText":"do you understand why&nbsp;","listText":"do you understand why&nbsp;","text":"do you understand why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116401410","repostId":"1127052522","repostType":2,"repost":{"id":"1127052522","kind":"news","pubTimestamp":1622809455,"share":"https://ttm.financial/m/news/1127052522?lang=&edition=fundamental","pubTime":"2021-06-04 20:24","market":"us","language":"en","title":"Bank of America analyst throws in the towel on meme stocks, says fundamentals are not driving shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1127052522","media":"CNBC","summary":"The dramatic volatility in meme stocks favored by Reddit traders has confounded Wall Street for mont","content":"<div>\n<p>The dramatic volatility in meme stocks favored by Reddit traders has confounded Wall Street for months, and Bank of America has decided to stop trying to make sense of some of them.\nAnalyst Curtis ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/bank-of-america-analyst-throws-in-the-towel-on-meme-stocks-says-fundamentals-are-not-driving-shares.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>Bank of America analyst throws in the towel on meme stocks, says fundamentals are not driving 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; 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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\">\nBank of America analyst throws in the towel on meme stocks, says fundamentals are not driving shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 20:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/04/bank-of-america-analyst-throws-in-the-towel-on-meme-stocks-says-fundamentals-are-not-driving-shares.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The dramatic volatility in meme stocks favored by Reddit traders has confounded Wall Street for months, and Bank of America has decided to stop trying to make sense of some of them.\nAnalyst Curtis ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/bank-of-america-analyst-throws-in-the-towel-on-meme-stocks-says-fundamentals-are-not-driving-shares.html\">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","BB":"黑莓","BBBY":"3B家居","GME":"游戏驿站"},"source_url":"https://www.cnbc.com/2021/06/04/bank-of-america-analyst-throws-in-the-towel-on-meme-stocks-says-fundamentals-are-not-driving-shares.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1127052522","content_text":"The dramatic volatility in meme stocks favored by Reddit traders has confounded Wall Street for months, and Bank of America has decided to stop trying to make sense of some of them.\nAnalyst Curtis Nagle announced in a pair of client notes on Thursday night that Bank of America was terminating coverage of GameStop, citing a reallocation of resources, and moving to “no rating” on Bed Bath & Beyond.\nThe stocks were two of the main characters in the first speculative retail trading flare-up earlier this year, and their volatility has picked up again over the past two weeks. The firm previously had a buy rating on Bed, Bath and Beyond and an underperform rating on GameStop.\n“We believe that the rapid appreciation in BBBY’s share is being driven by another surge in interest and trading led by retail investors ... As a result, we move to No Rating as we believe shares of BBBY are no longer trading on fundamentals,” Nagle said in a note about the home goods retailer. “Investors should no longer rely upon our previous investment opinion or price objective.”\nSince May 24, shares of GameStop have gained more than 40%, with five trading sessions delivering moves of more than 10% in either direction.\n“During this period, GME did not report any material updates and the only news on GME’s operations were very high level media reports that the company was working on a non-fungible token (NFT) platform,” Bank of America said.\nBed Bath & Beyond, meanwhile, has seen even more dramatic swings. The stock rose 62% on Wednesday and then fell almost 28% on Thursday.\n“While not quite as extreme as GME, BBBY has seen a large sequential increase in mentions on retail investor forums and trading volumes surged to 110mn shares (nearly 100% of the float) on 6/2/21,” Bank of America said.\nNagle said that he still believes there is a long-term bull case for Bed Bath & Beyond, but the stock no longer appears tethered to that potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}