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2021-04-14

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Wells Fargo EPS beats by $0.33, beats on revenue

2021-04-05

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Tesla Q1 2021 Vehicle Production & Deliveries

2021-04-02

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How Likely Is a Stock Market Crash?

2021-04-01

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Biden pledges to buy 24/7 carbon-free electricity pushed by Clean Air Task Force, Google and others

2021-03-31

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Gold falls below the $1,700 benchmark

2021-03-30

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Biden’s Offshore Wind Plan Includes New Port Infrastructure, New Ships -White House

2021-03-26

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Sell Alert: 10 Insanely Overvalued Dividend Aristocrats

2021-03-25

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Apple Failure Modes

2021-03-24

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Netflix Has Been Trailing the Market. Why One Analyst Decided to Get More Bullish.

2021-03-23

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Why AMC, GameStop, and Sundial Are 3 of the Worst Stocks to Buy

2021-03-18

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Bitcoin Is Not a Stock

2021-03-10

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Why Cathie Wood's 3 Stock Favorites Got a Big Boost From the Market Tuesday

2021-03-08

Buy

Palantir plunged more than 13%

2021-03-06

Wow

Palantir plunged more than 13%

2021-03-02

Keep it up

Walmart's Flipkart expands grocery sales to more Indian cities

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and comments please!!","listText":"Like and comments please!!","text":"Like and comments please!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/344690772","repostId":"1167332274","repostType":4,"repost":{"id":"1167332274","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618401278,"share":"https://ttm.financial/m/news/1167332274?lang=&edition=fundamental","pubTime":"2021-04-14 19:54","market":"us","language":"en","title":"Wells Fargo EPS beats by $0.33, beats on revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1167332274","media":"Tiger Newspress","summary":"(April 14) Wells Fargoreported earnings and revenue that beat expectations for its first-quarter on ","content":"<p>(April 14)&nbsp;Wells Fargoreported earnings and revenue that beat expectations for its first-quarter on Wednesday.</p><p>Here’s how the results stacked up to expectations:</p><ul><li>Wells Fargo Q1 revenue $18.063 bln vs. $17.717 bln a year ago; FactSet consensus $17.518 bln.</li><li>Wells Fargo Q1&nbsp;net&nbsp;income&nbsp;$4.742&nbsp;bln&nbsp;vs.&nbsp;$0.653&nbsp;bln&nbsp;a year ago.</li><li>Wells Fargo Q1 EPS $1.05 vs. 1 cent a year ago; FactSet consensus 71 cents.</li><li>Wells Fargo Q1 reduces allowance for loan losses by $1.6 bln.</li><li>Wells Fargo Q1 net interest income down 22% to $8.798 bln.</li><li>Wells Fargo Q1 noninterest income up 45% to $9.625 bln.</li><li>Wells Fargo Q1 home lending up 19%.</li><li>Wells Fargo Q1 markets revenue up 19%.</li></ul><p>Wells Fargo results were helped by a net benefit of $1.05 billion from reserve releases.</p><p>CEO Charlie Scharf, who took over in late 2019, is running a company that is still recovering from the aftermath of its 2016 fake accounts scandal. Analysts will be keen to hear about any progress the bank is making in appeasing regulators, especially regarding a Federal Reserve order that caps the bank’s asset growth.</p><p>Of the six biggest U.S. banks, Wells Fargo has the smallest Wall Street trading and investment banking operations, areas that have been on fire in recent months thanks to a red-hot IPO market and unprecedented Fed support.</p><p>Last year, Wells Fargo was the only bank among the six biggest U.S. lenders to be forced to cut its dividend after the annual Federal Reserve stress test. The firm also posted its firstquarterly losssince the financial crisis and announced it was cutting billions of dollars in expenses.</p><p>Wells Fargo shares have climbed 33% this year, exceeding the 25% gain of the KBW Bank Index.</p><p>Wells Fargo&nbsp;Shares&nbsp;dipped&nbsp;0.48%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><img src=\"https://static.tigerbbs.com/97c1cb6aa320c8de07841c74b5a5c0b5\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"><b>Company-wide Financial Summary</b></p><p><img src=\"https://static.tigerbbs.com/a4ee89368a92d2c9be9ee22fd5ff1558\" tg-width=\"919\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><b>Operating Segments and Other Highlights:</b></p><p><b>Consumer Banking and Lending</b></p><ul><li>Average loans of $353.1 billion, down 8%</li><li>Average deposits of $789.4 billion, up 21%</li></ul><p><b>Commercial Banking</b></p><ul><li>Average loans of $183.1 billion, down 19%</li><li>Average deposits of $208.0 billion, up 8%</li></ul><p><b>Corporate and Investment Banking</b></p><ul><li>Average loans of $246.1 billion, down 5%</li><li>Average trading-related assets of $197.4 billion, down 14%</li><li>Average deposits of $194.5 billion, down 27%</li></ul><p><b>Wealth and Investment Management</b></p><ul><li>Total client assets of $2.1 trillion, up 28%</li><li>Average loans of $80.8 billion, up 4%</li><li>Average deposits of $173.7 billion, up 19%</li></ul><p><b>Capital</b></p><ul><li>Repurchased 17.2 million shares, or $596 million, of common stock in first quarter 2021</li></ul><p><a href=\"https://www.sec.gov/Archives/edgar/data/0000072971/000007297121000206/wfc1qer04-14x21ex991xrelea.htm\" target=\"_blank\"><b>Press Release&nbsp;&lt;&lt;&lt;</b></a></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>Wells Fargo EPS beats by $0.33, beats on revenue</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\">\nWells Fargo EPS beats by $0.33, beats on revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-14 19:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 14)&nbsp;Wells Fargoreported earnings and revenue that beat expectations for its first-quarter on Wednesday.</p><p>Here’s how the results stacked up to expectations:</p><ul><li>Wells Fargo Q1 revenue $18.063 bln vs. $17.717 bln a year ago; FactSet consensus $17.518 bln.</li><li>Wells Fargo Q1&nbsp;net&nbsp;income&nbsp;$4.742&nbsp;bln&nbsp;vs.&nbsp;$0.653&nbsp;bln&nbsp;a year ago.</li><li>Wells Fargo Q1 EPS $1.05 vs. 1 cent a year ago; FactSet consensus 71 cents.</li><li>Wells Fargo Q1 reduces allowance for loan losses by $1.6 bln.</li><li>Wells Fargo Q1 net interest income down 22% to $8.798 bln.</li><li>Wells Fargo Q1 noninterest income up 45% to $9.625 bln.</li><li>Wells Fargo Q1 home lending up 19%.</li><li>Wells Fargo Q1 markets revenue up 19%.</li></ul><p>Wells Fargo results were helped by a net benefit of $1.05 billion from reserve releases.</p><p>CEO Charlie Scharf, who took over in late 2019, is running a company that is still recovering from the aftermath of its 2016 fake accounts scandal. Analysts will be keen to hear about any progress the bank is making in appeasing regulators, especially regarding a Federal Reserve order that caps the bank’s asset growth.</p><p>Of the six biggest U.S. banks, Wells Fargo has the smallest Wall Street trading and investment banking operations, areas that have been on fire in recent months thanks to a red-hot IPO market and unprecedented Fed support.</p><p>Last year, Wells Fargo was the only bank among the six biggest U.S. lenders to be forced to cut its dividend after the annual Federal Reserve stress test. The firm also posted its firstquarterly losssince the financial crisis and announced it was cutting billions of dollars in expenses.</p><p>Wells Fargo shares have climbed 33% this year, exceeding the 25% gain of the KBW Bank Index.</p><p>Wells Fargo&nbsp;Shares&nbsp;dipped&nbsp;0.48%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><img src=\"https://static.tigerbbs.com/97c1cb6aa320c8de07841c74b5a5c0b5\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"><b>Company-wide Financial Summary</b></p><p><img src=\"https://static.tigerbbs.com/a4ee89368a92d2c9be9ee22fd5ff1558\" tg-width=\"919\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><b>Operating Segments and Other Highlights:</b></p><p><b>Consumer Banking and Lending</b></p><ul><li>Average loans of $353.1 billion, down 8%</li><li>Average deposits of $789.4 billion, up 21%</li></ul><p><b>Commercial Banking</b></p><ul><li>Average loans of $183.1 billion, down 19%</li><li>Average deposits of $208.0 billion, up 8%</li></ul><p><b>Corporate and Investment Banking</b></p><ul><li>Average loans of $246.1 billion, down 5%</li><li>Average trading-related assets of $197.4 billion, down 14%</li><li>Average deposits of $194.5 billion, down 27%</li></ul><p><b>Wealth and Investment Management</b></p><ul><li>Total client assets of $2.1 trillion, up 28%</li><li>Average loans of $80.8 billion, up 4%</li><li>Average deposits of $173.7 billion, up 19%</li></ul><p><b>Capital</b></p><ul><li>Repurchased 17.2 million shares, or $596 million, of common stock in first quarter 2021</li></ul><p><a href=\"https://www.sec.gov/Archives/edgar/data/0000072971/000007297121000206/wfc1qer04-14x21ex991xrelea.htm\" target=\"_blank\"><b>Press Release&nbsp;&lt;&lt;&lt;</b></a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167332274","content_text":"(April 14) Wells Fargoreported earnings and revenue that beat expectations for its first-quarter on Wednesday.Here’s how the results stacked up to expectations:Wells Fargo Q1 revenue $18.063 bln vs. $17.717 bln a year ago; FactSet consensus $17.518 bln.Wells Fargo Q1 net income $4.742 bln vs. $0.653 bln a year ago.Wells Fargo Q1 EPS $1.05 vs. 1 cent a year ago; FactSet consensus 71 cents.Wells Fargo Q1 reduces allowance for loan losses by $1.6 bln.Wells Fargo Q1 net interest income down 22% to $8.798 bln.Wells Fargo Q1 noninterest income up 45% to $9.625 bln.Wells Fargo Q1 home lending up 19%.Wells Fargo Q1 markets revenue up 19%.Wells Fargo results were helped by a net benefit of $1.05 billion from reserve releases.CEO Charlie Scharf, who took over in late 2019, is running a company that is still recovering from the aftermath of its 2016 fake accounts scandal. Analysts will be keen to hear about any progress the bank is making in appeasing regulators, especially regarding a Federal Reserve order that caps the bank’s asset growth.Of the six biggest U.S. banks, Wells Fargo has the smallest Wall Street trading and investment banking operations, areas that have been on fire in recent months thanks to a red-hot IPO market and unprecedented Fed support.Last year, Wells Fargo was the only bank among the six biggest U.S. lenders to be forced to cut its dividend after the annual Federal Reserve stress test. The firm also posted its firstquarterly losssince the financial crisis and announced it was cutting billions of dollars in expenses.Wells Fargo shares have climbed 33% this year, exceeding the 25% gain of the KBW Bank Index.Wells Fargo Shares dipped 0.48% in premarket trading.Company-wide Financial SummaryOperating Segments and Other Highlights:Consumer Banking and LendingAverage loans of $353.1 billion, down 8%Average deposits of $789.4 billion, up 21%Commercial BankingAverage loans of $183.1 billion, down 19%Average deposits of $208.0 billion, up 8%Corporate and Investment BankingAverage loans of $246.1 billion, down 5%Average trading-related assets of $197.4 billion, down 14%Average deposits of $194.5 billion, down 27%Wealth and Investment ManagementTotal client assets of $2.1 trillion, up 28%Average loans of $80.8 billion, up 4%Average deposits of $173.7 billion, up 19%CapitalRepurchased 17.2 million shares, or $596 million, of common stock in first quarter 2021Press Release <<<","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581495146931772","authorId":"3581495146931772","name":"Ben01","avatar":"https://static.tigerbbs.com/b158a0cc5a97dd1cf647bb3d21cf2c9f","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581495146931772","authorIdStr":"3581495146931772"},"content":"Respond back, Thanks","text":"Respond back, Thanks","html":"Respond back, Thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349123666,"gmtCreate":1617581672055,"gmtModify":1704700491278,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like and comments old thank you","listText":"Like and comments old thank you","text":"Like and comments old thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/349123666","repostId":"2124875875","repostType":4,"repost":{"id":"2124875875","pubTimestamp":1617366960,"share":"https://ttm.financial/m/news/2124875875?lang=&edition=fundamental","pubTime":"2021-04-02 20:36","market":"us","language":"en","title":"Tesla Q1 2021 Vehicle Production & Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=2124875875","media":"StreetInsider","summary":"PALO ALTO, Calif., April 02, 2021  -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.Forward-Looking Statements Statements herein regarding the timin","content":"<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td><b>Production</b></td>\n   <td><b>Deliveries</b></td>\n   <td><b>Subject to operating lease accounting</b></td>\n  </tr>\n  <tr>\n   <td>Model S/X</td>\n   <td>-</td>\n   <td>2,020</td>\n   <td>6%</td>\n  </tr>\n  <tr>\n   <td>Model 3/Y</td>\n   <td>180,338</td>\n   <td>182,780</td>\n   <td>7%</td>\n  </tr>\n  <tr>\n   <td><b>Total</b></td>\n   <td><b>180,338</b></td>\n   <td><b>184,800</b></td>\n   <td><b>7%</b></td>\n  </tr>\n </tbody>\n</table>\n<p>***************</p>\n<p>Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only <a href=\"https://laohu8.com/S/AONE\">one</a> measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.</p>\n<p><b>Forward-Looking Statements</b>&nbsp;Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.</p>\n<p><img src=\"https://static.tigerbbs.com/db04c7b378cb2db912c3ba8a5a774ee3\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/c2196de8ba412c60c22ab491af7b1409\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","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 Q1 2021 Vehicle Production & Deliveries</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 Q1 2021 Vehicle Production & Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18215929><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18215929\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18215929","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124875875","content_text":"PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.\n\n\n\n\nProduction\nDeliveries\nSubject to operating lease accounting\n\n\nModel S/X\n-\n2,020\n6%\n\n\nModel 3/Y\n180,338\n182,780\n7%\n\n\nTotal\n180,338\n184,800\n7%\n\n\n\n***************\nOur net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.\nForward-Looking Statements Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571302014333483","authorId":"3571302014333483","name":"WangWang99","avatar":"https://static.tigerbbs.com/fd291ad34521fc1ebab496105c2f882d","crmLevel":5,"crmLevelSwitch":0,"idStr":"3571302014333483","authorIdStr":"3571302014333483"},"content":"Pls response tq","text":"Pls response tq","html":"Pls response tq"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340841324,"gmtCreate":1617377696368,"gmtModify":1704699320338,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like and comments","listText":"Like and comments","text":"Like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340841324","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Likely Is a Stock Market Crash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357390135,"gmtCreate":1617236478427,"gmtModify":1704697580297,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like and comments","listText":"Like and comments","text":"Like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/357390135","repostId":"2124703892","repostType":4,"repost":{"id":"2124703892","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":1617235380,"share":"https://ttm.financial/m/news/2124703892?lang=&edition=fundamental","pubTime":"2021-04-01 08:03","market":"us","language":"en","title":"Biden pledges to buy 24/7 carbon-free electricity pushed by Clean Air Task Force, Google and others","url":"https://stock-news.laohu8.com/highlight/detail?id=2124703892","media":"Dow Jones","summary":"Rachel Koning BealsFederal government, a huge purchaser of power, says it will promote demand-driven","content":"<p>Rachel Koning Beals</p><p>Federal government, a huge purchaser of power, says it will promote demand-driven, regional green electricity use</p><p>Google, Adobe and Hewlett Packard joined environmental groups including the Clean Air Task Force and the Environmental Defense Fund to urge the Biden administration to use its role to force the federal government -- the world's largest electricity customer -- to buy 100% clean electricity, available 24/7 and locally sourced.</p><p>The president included the pledge in Wednesday's infrastructure announcement.</p><p>Read:Biden rolls out $2.3 trillion infrastructure plan: 'It's bold, yes, and we can get it done'</p><p>The approach, which officials at the groups say plays off of President Biden's use of executive powers on climate change early in his administration, promotes decarbonizing electricity consumption in each hour on each regional grid, and securing a 24/7 clean energy supply. Read the letter to the White House .</p><p>The size of the federal government will then promote cleaner power throughout the private sector, the proponents argue. The federal government consumed 53 million megawatt hours of electricity in 2019 but only about 8% to 9% was counted as renewable sources, the Clean Air Task Force says. Overall, the U.S. federal government spends $500 billion on electricity procurement every year, for its Defense department and other uses.</p><p>The Biden administration has set a goal of creating a 100% clean electricity grid by 2035 but details of that plan are still evolving. He has returned the U.S. to the voluntary Paris Climate pact, which aims to cut fossil fuel-linked global greenhouse gas emissions and limit the global temperature increase in this century to no more than 2 degrees Celsius above preindustrial levels.</p><p>The proposal by the Clean Air Task Force and co-writers focuses on how much power is actually being used in real time, an approach that differs from the traditional clean energy procurement approach in place. The current system relies on purchasing electricity from renewables or renewable energy credits from faraway solar and wind projects and still leans heavily on fossil fuels, especially natural gas, when solar and wind are compromised.</p><p>The existing model doesn't provide the right incentives for investment in advanced storage or in carbon-free technologies, as it allows demand to be satisfied by distant energy projects regardless of the time of generation and consumption, the proposal's architects say.</p><p>A broad-based portfolio of energy sources and emissions reducers is considered part of the mix promoted with this plan, including green hydrogen and nuclear energy, as well as carbon capture and advancements in battery storage, which are options often included in bipartisan proposals for updating the power grid, said Lindsey Baxter Griffith, federal policy director with the Clean Air Task Force.</p><p>\"We believe the U.S. government, the largest electricity buyer in the world, has power to move markets,\" said Baxter Griffith.</p><p>Market-based solutions to curbing climate change, including those that lean on technological innovation, remain a key theme of most Republican-led legislative proposals .</p><p>Alphabet's Google <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>, Adobe <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a> and Hewlett Packard Enterprise <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> stand to benefit as they too have pledged to maintain carbon-neutral data centers and other energy-use reductions at their giant operations.</p><p>Google, which since 2017 has been able to match 100% of its global, annual electricity consumption with renewable energy , is also now working to decarbonize its electricity supply entirely and operate on 24/7 carbon-free energy throughout its operations by 2030.</p><p>Michael Terrell, director of energy with Google, told MarketWatch that achieving 24/7 carbon-free electricity didn't seem realistic when charting out the future of energy as recently as 10 years ago. But now hitting that goal by the 2030s, and achieving measurable progress along the way, is reachable. \"We can see the end zone,\" he said, helped in part by more competitive pricing for wind and solar relative to cheaper natural gas.</p><p>The strength of a shared goal between the public and private sectors can't be underestimated and is more likely to achieve bipartisan buy-in, the proponents of the plan say.</p><p>\"If we move collectively as electricity buyers, the market will respond,\" said Terrell. \"And in many ways, the market is already there. There's not a utility in the country that doesn't have a version of a clean energy offering or 'green' tariffs or programs to 'green' their truck fleets.\"</p><p>The proposal by the group, which also includes the Natural Resources Defense Council and The Nature Conservancy, also argued that the regional approach will promote job creation, especially in areas that may need to replace traditional-energy jobs and will allow a more nimble environmental response to historically underserved areas, part of the \"environmental justice\" argument that has gained increasing traction.</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>Biden pledges to buy 24/7 carbon-free electricity pushed by Clean Air Task Force, Google and others</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\">\nBiden pledges to buy 24/7 carbon-free electricity pushed by Clean Air Task Force, Google and others\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\">2021-04-01 08:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Rachel Koning Beals</p><p>Federal government, a huge purchaser of power, says it will promote demand-driven, regional green electricity use</p><p>Google, Adobe and Hewlett Packard joined environmental groups including the Clean Air Task Force and the Environmental Defense Fund to urge the Biden administration to use its role to force the federal government -- the world's largest electricity customer -- to buy 100% clean electricity, available 24/7 and locally sourced.</p><p>The president included the pledge in Wednesday's infrastructure announcement.</p><p>Read:Biden rolls out $2.3 trillion infrastructure plan: 'It's bold, yes, and we can get it done'</p><p>The approach, which officials at the groups say plays off of President Biden's use of executive powers on climate change early in his administration, promotes decarbonizing electricity consumption in each hour on each regional grid, and securing a 24/7 clean energy supply. Read the letter to the White House .</p><p>The size of the federal government will then promote cleaner power throughout the private sector, the proponents argue. The federal government consumed 53 million megawatt hours of electricity in 2019 but only about 8% to 9% was counted as renewable sources, the Clean Air Task Force says. Overall, the U.S. federal government spends $500 billion on electricity procurement every year, for its Defense department and other uses.</p><p>The Biden administration has set a goal of creating a 100% clean electricity grid by 2035 but details of that plan are still evolving. He has returned the U.S. to the voluntary Paris Climate pact, which aims to cut fossil fuel-linked global greenhouse gas emissions and limit the global temperature increase in this century to no more than 2 degrees Celsius above preindustrial levels.</p><p>The proposal by the Clean Air Task Force and co-writers focuses on how much power is actually being used in real time, an approach that differs from the traditional clean energy procurement approach in place. The current system relies on purchasing electricity from renewables or renewable energy credits from faraway solar and wind projects and still leans heavily on fossil fuels, especially natural gas, when solar and wind are compromised.</p><p>The existing model doesn't provide the right incentives for investment in advanced storage or in carbon-free technologies, as it allows demand to be satisfied by distant energy projects regardless of the time of generation and consumption, the proposal's architects say.</p><p>A broad-based portfolio of energy sources and emissions reducers is considered part of the mix promoted with this plan, including green hydrogen and nuclear energy, as well as carbon capture and advancements in battery storage, which are options often included in bipartisan proposals for updating the power grid, said Lindsey Baxter Griffith, federal policy director with the Clean Air Task Force.</p><p>\"We believe the U.S. government, the largest electricity buyer in the world, has power to move markets,\" said Baxter Griffith.</p><p>Market-based solutions to curbing climate change, including those that lean on technological innovation, remain a key theme of most Republican-led legislative proposals .</p><p>Alphabet's Google <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>, Adobe <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a> and Hewlett Packard Enterprise <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> stand to benefit as they too have pledged to maintain carbon-neutral data centers and other energy-use reductions at their giant operations.</p><p>Google, which since 2017 has been able to match 100% of its global, annual electricity consumption with renewable energy , is also now working to decarbonize its electricity supply entirely and operate on 24/7 carbon-free energy throughout its operations by 2030.</p><p>Michael Terrell, director of energy with Google, told MarketWatch that achieving 24/7 carbon-free electricity didn't seem realistic when charting out the future of energy as recently as 10 years ago. But now hitting that goal by the 2030s, and achieving measurable progress along the way, is reachable. \"We can see the end zone,\" he said, helped in part by more competitive pricing for wind and solar relative to cheaper natural gas.</p><p>The strength of a shared goal between the public and private sectors can't be underestimated and is more likely to achieve bipartisan buy-in, the proponents of the plan say.</p><p>\"If we move collectively as electricity buyers, the market will respond,\" said Terrell. \"And in many ways, the market is already there. There's not a utility in the country that doesn't have a version of a clean energy offering or 'green' tariffs or programs to 'green' their truck fleets.\"</p><p>The proposal by the group, which also includes the Natural Resources Defense Council and The Nature Conservancy, also argued that the regional approach will promote job creation, especially in areas that may need to replace traditional-energy jobs and will allow a more nimble environmental response to historically underserved areas, part of the \"environmental justice\" argument that has gained increasing traction.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff7dc206228e5f0b17e2120c141f32db","relate_stocks":{"AIRT":"Air T","GOOG":"谷歌","09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指","HPE":"慧与科技","GOOGL":"谷歌A","ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124703892","content_text":"Rachel Koning BealsFederal government, a huge purchaser of power, says it will promote demand-driven, regional green electricity useGoogle, Adobe and Hewlett Packard joined environmental groups including the Clean Air Task Force and the Environmental Defense Fund to urge the Biden administration to use its role to force the federal government -- the world's largest electricity customer -- to buy 100% clean electricity, available 24/7 and locally sourced.The president included the pledge in Wednesday's infrastructure announcement.Read:Biden rolls out $2.3 trillion infrastructure plan: 'It's bold, yes, and we can get it done'The approach, which officials at the groups say plays off of President Biden's use of executive powers on climate change early in his administration, promotes decarbonizing electricity consumption in each hour on each regional grid, and securing a 24/7 clean energy supply. Read the letter to the White House .The size of the federal government will then promote cleaner power throughout the private sector, the proponents argue. The federal government consumed 53 million megawatt hours of electricity in 2019 but only about 8% to 9% was counted as renewable sources, the Clean Air Task Force says. Overall, the U.S. federal government spends $500 billion on electricity procurement every year, for its Defense department and other uses.The Biden administration has set a goal of creating a 100% clean electricity grid by 2035 but details of that plan are still evolving. He has returned the U.S. to the voluntary Paris Climate pact, which aims to cut fossil fuel-linked global greenhouse gas emissions and limit the global temperature increase in this century to no more than 2 degrees Celsius above preindustrial levels.The proposal by the Clean Air Task Force and co-writers focuses on how much power is actually being used in real time, an approach that differs from the traditional clean energy procurement approach in place. The current system relies on purchasing electricity from renewables or renewable energy credits from faraway solar and wind projects and still leans heavily on fossil fuels, especially natural gas, when solar and wind are compromised.The existing model doesn't provide the right incentives for investment in advanced storage or in carbon-free technologies, as it allows demand to be satisfied by distant energy projects regardless of the time of generation and consumption, the proposal's architects say.A broad-based portfolio of energy sources and emissions reducers is considered part of the mix promoted with this plan, including green hydrogen and nuclear energy, as well as carbon capture and advancements in battery storage, which are options often included in bipartisan proposals for updating the power grid, said Lindsey Baxter Griffith, federal policy director with the Clean Air Task Force.\"We believe the U.S. government, the largest electricity buyer in the world, has power to move markets,\" said Baxter Griffith.Market-based solutions to curbing climate change, including those that lean on technological innovation, remain a key theme of most Republican-led legislative proposals .Alphabet's Google $(GOOGL)$, Adobe $(ADBE)$ and Hewlett Packard Enterprise $(HPE)$ stand to benefit as they too have pledged to maintain carbon-neutral data centers and other energy-use reductions at their giant operations.Google, which since 2017 has been able to match 100% of its global, annual electricity consumption with renewable energy , is also now working to decarbonize its electricity supply entirely and operate on 24/7 carbon-free energy throughout its operations by 2030.Michael Terrell, director of energy with Google, told MarketWatch that achieving 24/7 carbon-free electricity didn't seem realistic when charting out the future of energy as recently as 10 years ago. But now hitting that goal by the 2030s, and achieving measurable progress along the way, is reachable. \"We can see the end zone,\" he said, helped in part by more competitive pricing for wind and solar relative to cheaper natural gas.The strength of a shared goal between the public and private sectors can't be underestimated and is more likely to achieve bipartisan buy-in, the proponents of the plan say.\"If we move collectively as electricity buyers, the market will respond,\" said Terrell. \"And in many ways, the market is already there. There's not a utility in the country that doesn't have a version of a clean energy offering or 'green' tariffs or programs to 'green' their truck fleets.\"The proposal by the group, which also includes the Natural Resources Defense Council and The Nature Conservancy, also argued that the regional approach will promote job creation, especially in areas that may need to replace traditional-energy jobs and will allow a more nimble environmental response to historically underserved areas, part of the \"environmental justice\" argument that has gained increasing traction.","news_type":1},"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354363680,"gmtCreate":1617144921440,"gmtModify":1704696300127,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Help me like and comments old. Thank you","listText":"Help me like and comments old. Thank you","text":"Help me like and comments old. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/354363680","repostId":"1130322587","repostType":4,"repost":{"id":"1130322587","pubTimestamp":1617117829,"share":"https://ttm.financial/m/news/1130322587?lang=&edition=fundamental","pubTime":"2021-03-30 23:23","market":"fut","language":"en","title":"Gold falls below the $1,700 benchmark","url":"https://stock-news.laohu8.com/highlight/detail?id=1130322587","media":"seekingalpha","summary":"Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down","content":"<p>Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark&nbsp;-1.53%. Gold is down&nbsp;-11.72%&nbsp;YTD and&nbsp;-18.51%&nbsp;since early August of 2020.</p><p>Interestingly enough, bitcoin (BTC-USD), on the other hand, is&nbsp;+1.50%&nbsp;on the day and is&nbsp;+102.88%&nbsp;YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.</p><p>This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over&nbsp;300.00%&nbsp;to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over&nbsp;-7.00%&nbsp;to the downside.</p><p>While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the&nbsp;vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.</p><p>Below is a YTD chart of the performance on gold and bitcoin.</p><p><img src=\"https://static.tigerbbs.com/a204efa6aa1c1a89a34f9ff928318c57\" tg-width=\"624\" tg-height=\"321\" referrerpolicy=\"no-referrer\">For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).</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>Gold falls below the $1,700 benchmark</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\">\nGold falls below the $1,700 benchmark\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-30 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down -11.72% YTD and -18.51% since early August of 2020.Interestingly enough, bitcoin (BTC-USD), on the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4be30a3c11bd91e9d1f864c6a098fab1","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130322587","content_text":"Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down -11.72% YTD and -18.51% since early August of 2020.Interestingly enough, bitcoin (BTC-USD), on the other hand, is +1.50% on the day and is +102.88% YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over 300.00% to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over -7.00% to the downside.While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.Below is a YTD chart of the performance on gold and bitcoin.For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).","news_type":1},"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355296010,"gmtCreate":1617072990530,"gmtModify":1704801589281,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Please Comments thanks alot","listText":"Please Comments thanks alot","text":"Please Comments thanks alot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/355296010","repostId":"1139253256","repostType":4,"repost":{"id":"1139253256","pubTimestamp":1617071125,"share":"https://ttm.financial/m/news/1139253256?lang=&edition=fundamental","pubTime":"2021-03-30 10:25","market":"us","language":"en","title":"Biden’s Offshore Wind Plan Includes New Port Infrastructure, New Ships -White House","url":"https://stock-news.laohu8.com/highlight/detail?id=1139253256","media":"gCaptain","summary":"The Biden Administration on Mondayannounceda goal of developing 30 gigawatts (GW) of offshore wind p","content":"<p>The Biden Administration on Mondayannounceda goal of developing 30 gigawatts (GW) of offshore wind power United States’ federal waters by 2030, which is expected to create thousands of jobs and require millions of dollars of worth of investments in port infrastructure and U.S.-flag vessels.</p><p>National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina Raimondo, and Transportation Secretary Pete Buttigieg met with industry and government stakeholders Monday to announce new leasing, funding, and goals included in the Administration’s plan.</p><p>In his first week in office, President Biden issued an Executive Order to expand opportunities for the offshore wind industry and called for the U.S. to build a new infrastructure and a “clean energy economy” to help create millions of new jobs.</p><p>According to the White House, achieving the 30 GW target is expected to trigger more than $12 billion per year in capital investment in projects on both coasts, creating more than 44,000 offshore wind jobs by 2030. Another nearly 33,000 additional jobs will also be created in communities supported by the activity.</p><p>Meanwhile, the The Interior Department’s Bureau of Ocean Energy Management (BOEM) todayannounceda new priority Wind Energy Area in the New York Bight—an 800,000 acre area of shallow waters between Long Island and the New Jersey coast. The agency will now initiate an environmental review of the area for potential offshore wind leasing.</p><p>“Interior is working with agencies across the federal government to advance the Biden-Harris administration’s goal of increasing renewable energy development on federal lands and waters,” said Principal Deputy Assistant Secretary – Land and Minerals Management Laura Daniel-Davis. “Today’s announcement brings us one step closer to making this a reality. The New York Bight can play a central role in fighting climate change, helping states achieve their renewable energy targets and help create thousands of jobs.”</p><p>Elsewhere, BOEM intends to pursue new lease sales and complete reviews of at least 16 projects by 2025, representing more than 19 GW of new clean energy for the United States.</p><p>According to the White House, investments in the new port upgrades to support offshore wind development are expected to exceed $500 million, and also require the construction of four to six specialized turbine installation vessels at U.S. shipyards, each representing an investment between $250 and $500 million. The plan will also require new U.S. factories, including one to two for each major windfarm component, i.e wind turbine nacelles, blades, towers, foundations, and subsea cables.</p><p>To coincide with today’s announcement, the U.S. Department of Transportation’s (DOT) Maritime Administration has alsoannouncedholding a Notice of Funding Opportunity for port authorities and other applicants to apply for $230 million in grants for port and intermodal infrastructure-related projects through the Port Infrastructure Development Program. The grants will support projects that strengthen and modernize port infrastructure, and can support shore-side wind energy projects, such as storage areas, laydown areas, and docking of wind energy vessels to load and move items to offshore wind farms.</p><p>“Our nation’s ports are a key part of our critical infrastructure. They create jobs and make our economy more resilient and sustainable,” said U.S. Secretary of Transportation Pete Buttigieg. “This funding will build upon local investments in infrastructure to deliver long-term economic benefits to American workers and communities, while also addressing climate and equity.”</p><p>Looking ahead to 2050, the White House announced it was further aiming to achieve 110 GW of offshore wind power, in turn generating 77,000 offshore wind jobs and more than 57,000 additional jobs in communities supported by offshore wind activity.</p>","source":"lsy1617071056642","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>Biden’s Offshore Wind Plan Includes New Port Infrastructure, New Ships -White House</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\">\nBiden’s Offshore Wind Plan Includes New Port Infrastructure, New Ships -White House\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://gcaptain.com/biden-administration-announces-major-offshore-wind-push-targeting-30gw-by-2030/><strong>gCaptain</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Biden Administration on Mondayannounceda goal of developing 30 gigawatts (GW) of offshore wind power United States’ federal waters by 2030, which is expected to create thousands of jobs and ...</p>\n\n<a href=\"https://gcaptain.com/biden-administration-announces-major-offshore-wind-push-targeting-30gw-by-2030/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a4469a8ed84e5e01abb8c0669f001280","relate_stocks":{},"source_url":"https://gcaptain.com/biden-administration-announces-major-offshore-wind-push-targeting-30gw-by-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139253256","content_text":"The Biden Administration on Mondayannounceda goal of developing 30 gigawatts (GW) of offshore wind power United States’ federal waters by 2030, which is expected to create thousands of jobs and require millions of dollars of worth of investments in port infrastructure and U.S.-flag vessels.National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina Raimondo, and Transportation Secretary Pete Buttigieg met with industry and government stakeholders Monday to announce new leasing, funding, and goals included in the Administration’s plan.In his first week in office, President Biden issued an Executive Order to expand opportunities for the offshore wind industry and called for the U.S. to build a new infrastructure and a “clean energy economy” to help create millions of new jobs.According to the White House, achieving the 30 GW target is expected to trigger more than $12 billion per year in capital investment in projects on both coasts, creating more than 44,000 offshore wind jobs by 2030. Another nearly 33,000 additional jobs will also be created in communities supported by the activity.Meanwhile, the The Interior Department’s Bureau of Ocean Energy Management (BOEM) todayannounceda new priority Wind Energy Area in the New York Bight—an 800,000 acre area of shallow waters between Long Island and the New Jersey coast. The agency will now initiate an environmental review of the area for potential offshore wind leasing.“Interior is working with agencies across the federal government to advance the Biden-Harris administration’s goal of increasing renewable energy development on federal lands and waters,” said Principal Deputy Assistant Secretary – Land and Minerals Management Laura Daniel-Davis. “Today’s announcement brings us one step closer to making this a reality. The New York Bight can play a central role in fighting climate change, helping states achieve their renewable energy targets and help create thousands of jobs.”Elsewhere, BOEM intends to pursue new lease sales and complete reviews of at least 16 projects by 2025, representing more than 19 GW of new clean energy for the United States.According to the White House, investments in the new port upgrades to support offshore wind development are expected to exceed $500 million, and also require the construction of four to six specialized turbine installation vessels at U.S. shipyards, each representing an investment between $250 and $500 million. The plan will also require new U.S. factories, including one to two for each major windfarm component, i.e wind turbine nacelles, blades, towers, foundations, and subsea cables.To coincide with today’s announcement, the U.S. Department of Transportation’s (DOT) Maritime Administration has alsoannouncedholding a Notice of Funding Opportunity for port authorities and other applicants to apply for $230 million in grants for port and intermodal infrastructure-related projects through the Port Infrastructure Development Program. The grants will support projects that strengthen and modernize port infrastructure, and can support shore-side wind energy projects, such as storage areas, laydown areas, and docking of wind energy vessels to load and move items to offshore wind farms.“Our nation’s ports are a key part of our critical infrastructure. They create jobs and make our economy more resilient and sustainable,” said U.S. Secretary of Transportation Pete Buttigieg. “This funding will build upon local investments in infrastructure to deliver long-term economic benefits to American workers and communities, while also addressing climate and equity.”Looking ahead to 2050, the White House announced it was further aiming to achieve 110 GW of offshore wind power, in turn generating 77,000 offshore wind jobs and more than 57,000 additional jobs in communities supported by offshore wind activity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572249185724220","authorId":"3572249185724220","name":"xoxoll","avatar":"https://static.tigerbbs.com/8ed65c2962af2a6fbd414f4d6fe9e378","crmLevel":2,"crmLevelSwitch":0,"idStr":"3572249185724220","authorIdStr":"3572249185724220"},"content":"Help me to CommEnt","text":"Help me to CommEnt","html":"Help me to CommEnt"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356987647,"gmtCreate":1616748979389,"gmtModify":1704798296720,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like and comments thank you","listText":"Like and comments thank you","text":"Like and comments thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/356987647","repostId":"1114892411","repostType":4,"repost":{"id":"1114892411","pubTimestamp":1616746246,"share":"https://ttm.financial/m/news/1114892411?lang=&edition=fundamental","pubTime":"2021-03-26 16:10","market":"us","language":"en","title":"Sell Alert: 10 Insanely Overvalued Dividend Aristocrats","url":"https://stock-news.laohu8.com/highlight/detail?id=1114892411","media":"seekingalpha","summary":"Summary\n\nIn a world full of uncertainty, dividend aristocrats feel safe and trustworthy.\nBut even th","content":"<p><b>Summary</b></p>\n<ul>\n <li>In a world full of uncertainty, dividend aristocrats feel safe and trustworthy.</li>\n <li>But even they are subject to wild variations in price.</li>\n <li>These have resulted in gains for investors, but now, these 10 stocks are extremely overvalued.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4b87148fa1b7ab2566781e5b23d6958f\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Paul Morigi/Getty Images Entertainment via Getty Images</span></p>\n<p><i>Written by Sam Kovacs</i></p>\n<p><b>Introduction: Does Warren Buffett Ever Sell?</b></p>\n<blockquote>\n <i>The stock market is not there to instruct me, it's there to serve me</i>- Warren Buffett\n</blockquote>\n<p>Most investors believe that Warren Buffett is a buy and hold investor who doesn't ever sell his shares.</p>\n<p>This image has been cultivated thanks to one of his famous quotes when he replied to a question at the 1998 Berkshire Hathaway (BRK.B) annual meeting of shareholders when&nbsp;he said:</p>\n<blockquote>\n <i>Well, the best thing to do is buy a stock that you don't ever want to sell.</i>\n</blockquote>\n<p>However, a closer look reveals that this doesn't mean that he doesn't ever sell.</p>\n<p>If we refer to GuruFocus to look at Berkshire's transactions in the 4th quarter of 2020, one would notice that Berkshire actually sold more than they bought.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2fcd57329fd4fce04f4f2b167002a8b\" tg-width=\"640\" tg-height=\"242\"><span>Source: GuruFocus</span></p>\n<p>He did add to his Verizon (VZ), Merck (MRK), AbbVie (ABBV), T-Mobile (TMUS), Chevron (CVX), Kroger (KR), Bristol-Myers (BMY), Marsh &amp; McLennan (MMC) and RH (RH) positions.</p>\n<p>But then he reduced or flat outsold his Apple (AAPL), Wells Fargo (WFC), Barrick Gold (GOLD), M&amp;T Bank (MTB), General Motors (GM), PNC Financial (PNC), Pfizer (PFE), JPMorgan (JPM), Suncor (SU), US Bancorp (USB), and Liberty Latin America (LILAK) positions.</p>\n<p>Just counting on my fingers, I can tell that he has sold more than he has bought in that last quarter.</p>\n<p>The idea that he never reduces or sells his positions is just flat out wrong.</p>\n<p><b>When it's a good idea to sell</b></p>\n<p>Do you think that Warren Buffett believes that AAPL has become a bad company? No, of course not. However, it is possible that he believes it has become overvalued.</p>\n<p>It should be noted that we disagree with a few of his buys, as well as a few of a couple of his sells.</p>\n<p>That being said, the idea is simple:<i>If you buy when stocks are low, you might also want to sell when they're high.</i></p>\n<p>If you don't, you're not only having half the fun, you're leaving a lot of money on the table. (Yes even after taxes are taken into account).</p>\n<p>For a more detailed look into the mechanics of how this pertains to dividend investors, I would like to point you&nbsp;to our recent article&nbsp;in which I pointed out 5 overvalued dividend blue chips which were now deep in sell territory.</p>\n<p>The 5 companies were Target (TGT), Caterpillar (CAT), Procter &amp; Gamble (PG), McDonald's (MCD), and Automatic Data Processing (ADP).</p>\n<p>All 5 are Dividend Aristocrats, a rare breed of stocks which are 1. part of the S&amp;P 500 (SPY) and 2. have increased their dividends consecutively for the past 25 years.</p>\n<p>In so far as \"All Weather\" dividend streams go, Dividend Aristocrats are the cream of the crop.</p>\n<p>They provide comfort, after all, you own a piece of American greatness. Yet sometimes even these stocks can become extremely overvalued.</p>\n<p>When this happens, reducing your position makes sense. If the conditions persist, scaling out entirely of the position can also be a good idea.</p>\n<p><b>A note on valuation</b></p>\n<p>As a quick reminder, we are dividend investors and use an approach to valuation which is unique to&nbsp;The Dividend Freedom Tribe.</p>\n<p>In a nutshell:</p>\n<blockquote>\n To determine whether a stock is overvalued, we use our MAD Charts, which look at historical ranges of dividend yields for a given stock, and we tie it in to future growth expectations. The idea being that a low yield is fine if it is linked to very high dividend growth expectations. We project income into the future to quantify this.\n</blockquote>\n<p>This means that we will look at whether a stock is expensive relative to what investors have historically valued the stock at.</p>\n<p>We will then look at prospective growth rates and determine if the potential stream of income is attractive to a dividend investor.</p>\n<p>It is sometimes the case that a company could be a fantastic dividend stock, but because its price outpaces its dividend growth by such a huge margin, it can no longer be construed as an attractive dividend stock and is best replaced by a more attractive one.</p>\n<p>An investor following a different strategy might come to a totally different conclusion. Isn't that the beauty of it? A recent article titled \"<i>Value Vs. Growth: A Trip Down Memory Lane (And 3 Value Stocks You Need To Buy Now)</i>\" explores this idea.</p>\n<p>The current market is broadly expensive, but remember there is always something cheap. Even among high quality dividend stocks. Our \"Buy List\" currently counts 36 high quality names.</p>\n<p>You want to buy the high quality dividend names when they're cheap, and sell them when they're high.</p>\n<p>Rinse and repeat.</p>\n<p>And right now there are a lot of stocks, even high quality ones, that are worth selling.</p>\n<p>Here are 10 more dividend aristocrats which are insanely expensive from a dividend investor's point of view.</p>\n<p><b>10 Overvalued Dividend Aristocrats</b></p>\n<p><b>Walmart (WMT)</b></p>\n<p>Let's start this one off with one of America's widows and orphans favorites: Walmart.</p>\n<p>The company needs no introduction. It operates a very tight ship, paying out only 22% of free cash flow despite having increased the dividend for multiple decades.</p>\n<p>Despite being as mature as they get, the company has continued to increase its revenues throughout the past few years.</p>\n<p>It's as \"All Weather\" as it gets. Don't count on WMT cutting its dividend in the next 20 years. It's not going to happen.</p>\n<p>So what's the catch?</p>\n<p>The catch is the menial growth rate, which is beyond comprehension, tied to an extremely low yield.</p>\n<p>While free cash flow per share grew a total 32% in the past 5 years, the dividend is up only about 8%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d123739bb260b126017b11f75cb55fbb\" tg-width=\"640\" tg-height=\"276\"><span>Source: Dividend Freedom Tribe (Click here to learn more about MAD Charts)</span></p>\n<p>This equates to a 1.9% dividend CAGR during the past 5 years. Dividends could have increased a lot more given the low payout ratios, but management has chosen not to do so.</p>\n<p>This was not the case 10 years ago, as you can see, the dividend increased rapidly between 2011 and 2013, but since then management has taken a significantly different approach.</p>\n<p>Over 10 years, the dividend CAGR has been 4%.</p>\n<p>As a consequence, following the run up in price in the past few years, WMT has become overvalued.</p>\n<p>Its 1.64% yield is below the 10-year median yield of 2.44% and way out of the historically \"fair range\" of 2.14% to 2.69%. I call it the historically fair range because even if Walmart were to prop its dividend growth back up to 4% per annum (which would be double what it did in the past 7 years) income would not be satisfactory.</p>\n<p>Our common quick test is referred to as the \"10% in 10 years\" test. In a nutshell, an income stream can be viewed as very attractive if in 10 years, you can get 10% on your initial investment including the reinvestment of dividends.</p>\n<p>So if you invest $10,000 and you can expect to get $1,000 in 10 years, then it is a great income opportunity. At 8% it would be a good opportunity.</p>\n<p>Below, it's not a bad income opportunity, and you shouldn't consider the stock as paying an attractive dividend stream.</p>\n<p>Of course, this is sensitive to our estimate of dividend growth over the next 10 years, which is why to drive our point home, we will always overestimate dividend growth in this article.</p>\n<p><b>If a stock's income stream is unattractive in a best-case scenario, what does it say of it?</b>I'll let you answer that one.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a941da584a7d35c173dab778d3859f85\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>If you invest $10,000 in WMT today, and that you reinvest the dividends once per year at the current yield, and the dividend grows 4% per annum, then in 10 years you'd expect... a menial $277 per year of which $37 (the blue bar in the chart above) would come from having reinvested dividends.</p>\n<p>That's only 2.77% of your original investment. Let me say this: this is very, very, unattractive.</p>\n<p>Here, we have an example of where both management and the stock market are culprits: management has not committed to significantly increase the dividend, and the stock market has pushed the price up way too high. Sell.</p>\n<p><b>Lowe's (LOW)</b></p>\n<p>Next is another dividend investor favorite.</p>\n<p>LOW currently yields 1.33%, which is below its 10-year median 1.73% yield, out of its historical 'fair range\" of 1.53% to 1.96%.</p>\n<p>During the past 10 years, its dividend yield has never been less than 1.22% and never more than 3.38%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f19489a00e955e23abb6ddac042168b5\" tg-width=\"640\" tg-height=\"263\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>While LOW only increased its dividend by 9% this year, it has averaged 16.5% per year in the past 5 years, while maintaining a free cash flow payout ratio of just 20%.</p>\n<p>LOW is a phenomenally managed company, with a great business model. The price has just gone way too crazy.</p>\n<p>If you invested $10,000 in LOW at current prices, reinvested dividends at the current yield and saw the dividend grow at 16% per annum for the next 10 years, then you'd be looking at $652 in income 10 years from now, of which $70 would come from dividend reinvestments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2784d92d8bc192d6f2acdfb0c61b18f9\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Note that this is a lot more than Walmart, but it still doesn't pass our test as a \"good\" income stream.</p>\n<p>LOW yields less than WMT, but just observe how the difference in expected growth rates changes the course of income over 10 years!</p>\n<p>However, growth can't always make up for low yields. Case in point here, even 16% dividend growth (a 340% increase in 10 years) still wouldn't pass our test.</p>\n<p>Compare this to Home Depot (HD). We can't discuss LOW without HD. HD's yield is 2.3%, a whole extra point. It also pays out twice as much, although still a healthy 44% free cash flow payout ratio.</p>\n<p>However, if HD increases its dividend by 10% per annum (a 159% increase over 10 years), an investment in HD would return more dividends despite having to increase its dividend by only half.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0323235349011a2555910e028da9e053\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Note that HD would only provide 7.12% in 10 years under such a scenario.</p>\n<p>When the price was at $255, the simulation passed the 8% mark, and triggered us to get&nbsp;back in the stock. That was within 2% of the low, which is not too bad.</p>\n<p><b>Clorox (CLX)</b></p>\n<p>Clorox is a stock, which I exited although my timing wasn't great as I missed the peak.</p>\n<p>It has come back down though and is only 2% above the price when I last published an article on CLX, back in April 2020.</p>\n<p>At that point, I suggested&nbsp;it wasn't the time to sell,but that \"I<i>f you're not invested in CLX, you're late to the game, and would be better served investing elsewhere.</i>\"</p>\n<p>The reasons which warranted holding CLX in April 2020 are no longer present (defensive, trending momentum, more gains to squeeze out).</p>\n<p>Clorox is coming down and has further to drop.</p>\n<p>It currently yields 2.3%, below its 10-year median of 2.77%, and out of its historically fair range of 2.45% to 3.2%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20071200f2f3999c86269d6f149e4b9f\" tg-width=\"640\" tg-height=\"278\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Last year the company increased its dividend by 4.7%, but it has averaged 7.5% over the past 5 years.</p>\n<p>Given the very reasonable payout ratios of 44%, I believe long term dividend growth of 7% is attainable for Clorox.</p>\n<p>However, this won't quite cut it from an income perspective. A $10,000 investment with 7% growth, and reinvestments at the current yield, would generate $546 in income in 10 years, of which $101 would come from dividend reinvestments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/23da26e432e2b7e8b6bdb13f5e29a69e\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>This is not quite satisfactory, and given that Clorox's momentum is among the worst 6% of stocks in the market according to our&nbsp;Momentum Score., then I'd strongly suggesting avoiding CLX, and moving out of the position if not yet done.</p>\n<p><b>S&amp;P Global (SPGI)</b></p>\n<p>S&amp;P Global is a great company. It is beautifully managed, it has a long history of growth, and a lot of track ahead of it to continue increasing its dividend aggressively.</p>\n<p>You can't really fault management, the dividend has been growing at 16% per annum for the past 5 years, while maintaining the free cash flow payout ratio below 20%.</p>\n<p>It is once again a case of the market collectively getting too high<i>(pun intended)</i>on how good a company it is.</p>\n<p>The current yield of 0.89% is extremely low.</p>\n<p>This wasn't always the case. Back in 2011, and in early 2013, one could buy SPGI with a 2.8% yield, which would have been a great investment.</p>\n<p>It is only fair to point out that had we done so, we would have also exited early, likely sometime in late 2017 or 2018, and would have been very comfortable foregoing future returns to shift to value, increase our income stream, and sleep well at night.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d8c3911a974e2dd7a84bc20a48fb1bd\" tg-width=\"640\" tg-height=\"258\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>The relationship between yield and growth rates gets extreme as yields get very low.</p>\n<p>With the same $10,000 simulation, assuming 16% dividend growth with reinvestments of dividends, in 10 years you could only expect $408 in dividends, half the amount to be considered a good income opportunity.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7064780cec867a4538c3d054855e9833\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>For SPGI to be considered a good income opportunity at the current valuation, one would have to believe that they would be able to increase the dividend by 25% per annum. Over 10 years that equates to an 831% increase, which somehow seems like a pipe dream.</p>\n<p>Sell.</p>\n<p><b>Emerson Electric (EMR)</b></p>\n<p>Industrials have been having one hell of a run. We've enjoyed this in our own industrial picks. One of our favorite is Snap-on (SNA) which we've been quite vocal about in the past year.</p>\n<p>Emerson Electric has also had one hell of a run but now trades at a valuation that is unheard of in the past decade.</p>\n<p>The stock yields 2.3%, below its 10-year median yield of 3%, outside of its historically fair range of 2.7% to 3.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d944b59394a16ed80fc94a589fa7324c\" tg-width=\"640\" tg-height=\"267\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>But this is combined to the fact that since 2014, dividend growth hasn't even kept up with inflation. If you've been checking inflation numbers in the past 7 years, you know that that is not a lot.</p>\n<p>In the past 5 years, the dividend has grown at a 1% CAGR, while management could have easily achieved more. The free cash flow payout ratio was 52% 5 years ago. Today it's 40%.</p>\n<p>Only one way to read into this, management is choosing to not increase the dividend in line with the growth in the business.</p>\n<p>This is a negative signal for us, as it signals that management is viewing the dividend policy as a chore, and not as a way to actively reward shareholders for bearing the risk of the business they run.</p>\n<p>For this one, let's run the simulation assuming management continue down this road, increasing the dividend by 1% per year.</p>\n<p>If you invest $10,000, reinvest the dividends at the current yield, then in 10 years, you can expect a crazy $311 in dividends.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c89954861e46ae1c097a0d470bd33262\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Alternatively you could buy Broadcom (AVGO) and get that amount today, or if you want to stay in Industrials, SNA, and get that amount in a year or two.</p>\n<p>The valuation doesn't meet management's commitment to shareholders. Sell.</p>\n<p><b>Stanley Black &amp; Decker (SWK)</b></p>\n<p>The party in industrials has gotten out of hand in many places. Stanley Black &amp; Decker is another example of this in action. The power and hand tools company now once again trades at a valuation which it last traded at in January 2018.</p>\n<p>If you want to see how that played out. Just look at how much pain buying the stock then, or choosing to hold on to it would have been.</p>\n<p>Alternatively you could buy Broadcom (AVGO) and get that amount today, or if you want to stay in Industrials, SNA, and get that amount in a year or two.</p>\n<p>The valuation doesn't meet management's commitment to shareholders. Sell.</p>\n<p><b>Stanley Black &amp; Decker (SWK)</b></p>\n<p>The party in industrials has gotten out of hand in many places. Stanley Black &amp; Decker is another example of this in action. The power and hand tools company now once again trades at a valuation which it last traded at in January 2018.</p>\n<p>If you want to see how that played out. Just look at how much pain buying the stock then, or choosing to hold on to it would have been.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/74820b5e557fed125ab45b00abf68a9a\" tg-width=\"640\" tg-height=\"284\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>It would have taken you nearly 3 years for your position to be worth what it was then, and in exchange for your loyalty, you would have been compensated with dividend increases which have averaged about 3.5%.</p>\n<p>Not great.</p>\n<p>The current yield of 1.45% is dangerously close to the 10-year minimum yield of 1.42%. It is way below the median yield of 2.08%, and out of the historically \"fair range\" of 1.8% to 2.36%.</p>\n<p>Even if the dividend were to grow in the next 10 years at 7.5% per annum (the rate which it has in the past 10 years) then it would still be a very lackluster investment from an income perspective.</p>\n<p>Investing $10,000 at the current valuation, and reinvesting dividends in such a scenario would yield $333 in 10 years. Only 3.33% of your original investment.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7c5ca2d0da16c57859ab6625dcb53d3\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Save yourself the hardship, and start moving out of your SWK position.</p>\n<p><b>Cintas (CTAS)</b></p>\n<p>This trend exists in many Industrial stocks. Cintas is yet another example in the Dividend Aristocrat space.</p>\n<p>It has been increasing at an incredible rate during the past decade, a period during which the dividend has grown at 20% per year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47ba13e219490befa43575545dfa7f3a\" tg-width=\"640\" tg-height=\"261\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>But as you can see with the price moving from the blue band to the red band over the years, the market has continually reviewed its valuation of Cintas upwards.</p>\n<p>For that reason it might not be worth looking towards historical ranges to derive value. Every year you would have said \"boy that looks expensive\".</p>\n<p>Here a better alternative is to look purely towards the future.</p>\n<p>Even if Cintas can keep up its historical growth rate of 20% per annum over the next ten years (<i>it only managed 10% this past year)</i>Cintas wouldn't quite reach our threshold of 8% on the initial investment, as the chart below shows.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a94c7d8d6e6f5a5f6d8c29c9853e0e30\" tg-width=\"623\" tg-height=\"200\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Note that a 20% dividend growth rate is extremely powerful. It can increase income 6x on an extremely low yielding security. However, it is a momentous challenge as it implies multiplying the dividend by nearly 6x.</p>\n<p>If they did somehow pull it off, while growing free cash flow at 8% per annum (the rate of revenue growth in the past 10 years) then the dividend would move from 30% of free cash flow to 85% of free cash flow.</p>\n<p>And yet from our income stream analysis, it would still come up short.</p>\n<p>Sometimes things are just too much of a stretch.</p>\n<p><b>Nucor (NUE)</b></p>\n<p>Overvalued names seem to pop up in nearly every sector this year.</p>\n<p>If we move to Materials, we find Nucor which is yet again an example of a dividend aristocrat which has been increasing its dividend at such a low rate for so long. Its 2.4% yield cannot be counted on to give any significant boost to your income.</p>\n<p>During the past 10 years, the dividend has grown at a 1.3% CAGR. Over the past 5 years, this has gone down to 1.2%, with last year's increase an anemic 0.6% increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98a2ba9f8009f8ac4d1c083392399479\" tg-width=\"640\" tg-height=\"264\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Management could probably have squeezed out more as free cash flow payout ratios have mostly been stable at around 50% for the past 5 years</p>\n<p>But that highlights a problem. FCF per share has grown at the same rate as the dividend, this means about 1%.</p>\n<p>Now I have no problem with low growth businesses if they provide a safe high yield. But Nucor offers none of that. In fact, if we continue to project into the future at a growth rate of 1.3%, one could expect 3.34% on his original investment in 10 years, assuming reinvestments at the current yield.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/184b904b8ce9a90a60e78e0ed80a77c7\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>It's been a good run, but it is time to sell.</p>\n<p><b>Cincinnati Financial (CINF)</b></p>\n<p>Insurance companies were hit bad in 2020. It is a whole theme we have with our Dividend Freedom Tribe members, where we encourage them to buy undervalued insurance companies for a recovery scenario. One such stock is Prudential (PRU). Another is Aflac (AFL) which is also a Dividend Aristocrat.</p>\n<p>But CINF, while being a very safe and stable Aristocrat, is also overvalued.</p>\n<p>It yields 2.4%, well below its 10-year median of 3.2% and out of its historical fair range of 2.7% to 3.6%.</p>\n<p>Note that when it yields 3.5% or more, we think it is a great opportunity, but that has only happened during 3 periods in the past 10 years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae7700b28d1b3e32bff9fca0adb8b7b6\" tg-width=\"640\" tg-height=\"263\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>At the current rate it looks like a stretch, as if management is to continue with their course of increasing the dividend at a long term rate of 5% per annum, then CINF will fail to impress from an income perspective.</p>\n<p>In 10 years, a $10,000 investment would produce $527 in income, assuming dividend reinvestments at the current yield.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c4188ccc62a81236867ba02c480e8c1\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Once again, a fantastic blue chip. Well run. Shareholder-friendly management. Sleep well at night stuff. But better opportunities out there.</p>\n<p><b>Becton, Dickinson and Company (BDX)</b></p>\n<p>The final stock on the list is a healthcare stock. While BDX is off 10% from its highs, it still remains expensive in light of future potential.</p>\n<p>BDX yields below 1.38%, below its median yield of 1.68%, and only just within the historically fair range of 1.33% to 1.95%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/74888ad3edad406710e092b6a4f342fa\" tg-width=\"640\" tg-height=\"260\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>It's the only stock on the list which yields more than its 25th percentile yield, however, not enough to convince. Between 2011 and 2015, BDX yielded between 1.9% and 2.6% while its dividend was growing at a 10% CAGR. Then between 2017 and now, it has yielded between 1.3% and 1.6%, despite the dividend growth rate falling to 4% per annum.</p>\n<p>If this feels like the world upside down to you, it feels that way to me too.</p>\n<p>The trend is going towards lower 4-5% dividend growth per annum. Yet at a 32% free cash flow payout ratio, and a solid business, we can argue that maybe management could squeeze out its 10-year CAGR of 7% again in the upcoming decade.</p>\n<p>But the yield is just too low to contribute significantly.</p>\n<p>If the dividend were to grow at 7% and you were to invest $10,000 today and reinvest dividends at the current yield for the next 10 years, then you could expect $299 per year in dividends a decade from now.</p>\n<p>A menial amount, as you probably agree if you got this far in the article.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e6ea44e2052ac592627b3a3abdb58fa\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Scaling out of the position makes sense.</p>\n<p><b>Conclusion</b></p>\n<p>It's an interesting market, where we have a mixed bag of expensive stocks and cheap stocks. More and more are joining the ranks of the first category, making it a good time to trim positions.</p>\n<p>There are a few corner cases where very large taxable gains might make selling not ideal. In this list, I can only see this maybe happening with LOW, if you have a very, very large gain.</p>\n<p>Otherwise moving out might be the best decision.</p>\n<p>Just think about it, you can own stocks that are historically overvalued, have poor dividend potential, and are at risk of capital loss or stagnation from here on.</p>\n<p>Or you can maintain (<i>or even increase)</i>your income today, improve your dividend potential in the next few years, while exposing yourself to value and buying stocks that will have their turn of outsized capital gains in the next few years.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sell Alert: 10 Insanely Overvalued Dividend Aristocrats</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSell Alert: 10 Insanely Overvalued Dividend Aristocrats\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 16:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4416063-10-insanely-overvalued-dividend-aristocrats><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIn a world full of uncertainty, dividend aristocrats feel safe and trustworthy.\nBut even they are subject to wild variations in price.\nThese have resulted in gains for investors, but now, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4416063-10-insanely-overvalued-dividend-aristocrats\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SWK":"美国史丹利公司","NUE":"纽柯钢铁","BDX":"碧迪医疗","LOW":"劳氏","WMT":"沃尔玛","CTAS":"信达思","CINF":"辛辛那提金融","CLX":"高乐氏","EMR":"艾默生电气","SPGI":"标普全球"},"source_url":"https://seekingalpha.com/article/4416063-10-insanely-overvalued-dividend-aristocrats","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1114892411","content_text":"Summary\n\nIn a world full of uncertainty, dividend aristocrats feel safe and trustworthy.\nBut even they are subject to wild variations in price.\nThese have resulted in gains for investors, but now, these 10 stocks are extremely overvalued.\n\nPhoto by Paul Morigi/Getty Images Entertainment via Getty Images\nWritten by Sam Kovacs\nIntroduction: Does Warren Buffett Ever Sell?\n\nThe stock market is not there to instruct me, it's there to serve me- Warren Buffett\n\nMost investors believe that Warren Buffett is a buy and hold investor who doesn't ever sell his shares.\nThis image has been cultivated thanks to one of his famous quotes when he replied to a question at the 1998 Berkshire Hathaway (BRK.B) annual meeting of shareholders when he said:\n\nWell, the best thing to do is buy a stock that you don't ever want to sell.\n\nHowever, a closer look reveals that this doesn't mean that he doesn't ever sell.\nIf we refer to GuruFocus to look at Berkshire's transactions in the 4th quarter of 2020, one would notice that Berkshire actually sold more than they bought.\nSource: GuruFocus\nHe did add to his Verizon (VZ), Merck (MRK), AbbVie (ABBV), T-Mobile (TMUS), Chevron (CVX), Kroger (KR), Bristol-Myers (BMY), Marsh & McLennan (MMC) and RH (RH) positions.\nBut then he reduced or flat outsold his Apple (AAPL), Wells Fargo (WFC), Barrick Gold (GOLD), M&T Bank (MTB), General Motors (GM), PNC Financial (PNC), Pfizer (PFE), JPMorgan (JPM), Suncor (SU), US Bancorp (USB), and Liberty Latin America (LILAK) positions.\nJust counting on my fingers, I can tell that he has sold more than he has bought in that last quarter.\nThe idea that he never reduces or sells his positions is just flat out wrong.\nWhen it's a good idea to sell\nDo you think that Warren Buffett believes that AAPL has become a bad company? No, of course not. However, it is possible that he believes it has become overvalued.\nIt should be noted that we disagree with a few of his buys, as well as a few of a couple of his sells.\nThat being said, the idea is simple:If you buy when stocks are low, you might also want to sell when they're high.\nIf you don't, you're not only having half the fun, you're leaving a lot of money on the table. (Yes even after taxes are taken into account).\nFor a more detailed look into the mechanics of how this pertains to dividend investors, I would like to point you to our recent article in which I pointed out 5 overvalued dividend blue chips which were now deep in sell territory.\nThe 5 companies were Target (TGT), Caterpillar (CAT), Procter & Gamble (PG), McDonald's (MCD), and Automatic Data Processing (ADP).\nAll 5 are Dividend Aristocrats, a rare breed of stocks which are 1. part of the S&P 500 (SPY) and 2. have increased their dividends consecutively for the past 25 years.\nIn so far as \"All Weather\" dividend streams go, Dividend Aristocrats are the cream of the crop.\nThey provide comfort, after all, you own a piece of American greatness. Yet sometimes even these stocks can become extremely overvalued.\nWhen this happens, reducing your position makes sense. If the conditions persist, scaling out entirely of the position can also be a good idea.\nA note on valuation\nAs a quick reminder, we are dividend investors and use an approach to valuation which is unique to The Dividend Freedom Tribe.\nIn a nutshell:\n\n To determine whether a stock is overvalued, we use our MAD Charts, which look at historical ranges of dividend yields for a given stock, and we tie it in to future growth expectations. The idea being that a low yield is fine if it is linked to very high dividend growth expectations. We project income into the future to quantify this.\n\nThis means that we will look at whether a stock is expensive relative to what investors have historically valued the stock at.\nWe will then look at prospective growth rates and determine if the potential stream of income is attractive to a dividend investor.\nIt is sometimes the case that a company could be a fantastic dividend stock, but because its price outpaces its dividend growth by such a huge margin, it can no longer be construed as an attractive dividend stock and is best replaced by a more attractive one.\nAn investor following a different strategy might come to a totally different conclusion. Isn't that the beauty of it? A recent article titled \"Value Vs. Growth: A Trip Down Memory Lane (And 3 Value Stocks You Need To Buy Now)\" explores this idea.\nThe current market is broadly expensive, but remember there is always something cheap. Even among high quality dividend stocks. Our \"Buy List\" currently counts 36 high quality names.\nYou want to buy the high quality dividend names when they're cheap, and sell them when they're high.\nRinse and repeat.\nAnd right now there are a lot of stocks, even high quality ones, that are worth selling.\nHere are 10 more dividend aristocrats which are insanely expensive from a dividend investor's point of view.\n10 Overvalued Dividend Aristocrats\nWalmart (WMT)\nLet's start this one off with one of America's widows and orphans favorites: Walmart.\nThe company needs no introduction. It operates a very tight ship, paying out only 22% of free cash flow despite having increased the dividend for multiple decades.\nDespite being as mature as they get, the company has continued to increase its revenues throughout the past few years.\nIt's as \"All Weather\" as it gets. Don't count on WMT cutting its dividend in the next 20 years. It's not going to happen.\nSo what's the catch?\nThe catch is the menial growth rate, which is beyond comprehension, tied to an extremely low yield.\nWhile free cash flow per share grew a total 32% in the past 5 years, the dividend is up only about 8%.\nSource: Dividend Freedom Tribe (Click here to learn more about MAD Charts)\nThis equates to a 1.9% dividend CAGR during the past 5 years. Dividends could have increased a lot more given the low payout ratios, but management has chosen not to do so.\nThis was not the case 10 years ago, as you can see, the dividend increased rapidly between 2011 and 2013, but since then management has taken a significantly different approach.\nOver 10 years, the dividend CAGR has been 4%.\nAs a consequence, following the run up in price in the past few years, WMT has become overvalued.\nIts 1.64% yield is below the 10-year median yield of 2.44% and way out of the historically \"fair range\" of 2.14% to 2.69%. I call it the historically fair range because even if Walmart were to prop its dividend growth back up to 4% per annum (which would be double what it did in the past 7 years) income would not be satisfactory.\nOur common quick test is referred to as the \"10% in 10 years\" test. In a nutshell, an income stream can be viewed as very attractive if in 10 years, you can get 10% on your initial investment including the reinvestment of dividends.\nSo if you invest $10,000 and you can expect to get $1,000 in 10 years, then it is a great income opportunity. At 8% it would be a good opportunity.\nBelow, it's not a bad income opportunity, and you shouldn't consider the stock as paying an attractive dividend stream.\nOf course, this is sensitive to our estimate of dividend growth over the next 10 years, which is why to drive our point home, we will always overestimate dividend growth in this article.\nIf a stock's income stream is unattractive in a best-case scenario, what does it say of it?I'll let you answer that one.\nSource: Dividend Freedom Tribe\nIf you invest $10,000 in WMT today, and that you reinvest the dividends once per year at the current yield, and the dividend grows 4% per annum, then in 10 years you'd expect... a menial $277 per year of which $37 (the blue bar in the chart above) would come from having reinvested dividends.\nThat's only 2.77% of your original investment. Let me say this: this is very, very, unattractive.\nHere, we have an example of where both management and the stock market are culprits: management has not committed to significantly increase the dividend, and the stock market has pushed the price up way too high. Sell.\nLowe's (LOW)\nNext is another dividend investor favorite.\nLOW currently yields 1.33%, which is below its 10-year median 1.73% yield, out of its historical 'fair range\" of 1.53% to 1.96%.\nDuring the past 10 years, its dividend yield has never been less than 1.22% and never more than 3.38%.\nSource: Dividend Freedom Tribe\nWhile LOW only increased its dividend by 9% this year, it has averaged 16.5% per year in the past 5 years, while maintaining a free cash flow payout ratio of just 20%.\nLOW is a phenomenally managed company, with a great business model. The price has just gone way too crazy.\nIf you invested $10,000 in LOW at current prices, reinvested dividends at the current yield and saw the dividend grow at 16% per annum for the next 10 years, then you'd be looking at $652 in income 10 years from now, of which $70 would come from dividend reinvestments.\nSource: Dividend Freedom Tribe\nNote that this is a lot more than Walmart, but it still doesn't pass our test as a \"good\" income stream.\nLOW yields less than WMT, but just observe how the difference in expected growth rates changes the course of income over 10 years!\nHowever, growth can't always make up for low yields. Case in point here, even 16% dividend growth (a 340% increase in 10 years) still wouldn't pass our test.\nCompare this to Home Depot (HD). We can't discuss LOW without HD. HD's yield is 2.3%, a whole extra point. It also pays out twice as much, although still a healthy 44% free cash flow payout ratio.\nHowever, if HD increases its dividend by 10% per annum (a 159% increase over 10 years), an investment in HD would return more dividends despite having to increase its dividend by only half.\nSource: Dividend Freedom Tribe\nNote that HD would only provide 7.12% in 10 years under such a scenario.\nWhen the price was at $255, the simulation passed the 8% mark, and triggered us to get back in the stock. That was within 2% of the low, which is not too bad.\nClorox (CLX)\nClorox is a stock, which I exited although my timing wasn't great as I missed the peak.\nIt has come back down though and is only 2% above the price when I last published an article on CLX, back in April 2020.\nAt that point, I suggested it wasn't the time to sell,but that \"If you're not invested in CLX, you're late to the game, and would be better served investing elsewhere.\"\nThe reasons which warranted holding CLX in April 2020 are no longer present (defensive, trending momentum, more gains to squeeze out).\nClorox is coming down and has further to drop.\nIt currently yields 2.3%, below its 10-year median of 2.77%, and out of its historically fair range of 2.45% to 3.2%.\nSource: Dividend Freedom Tribe\nLast year the company increased its dividend by 4.7%, but it has averaged 7.5% over the past 5 years.\nGiven the very reasonable payout ratios of 44%, I believe long term dividend growth of 7% is attainable for Clorox.\nHowever, this won't quite cut it from an income perspective. A $10,000 investment with 7% growth, and reinvestments at the current yield, would generate $546 in income in 10 years, of which $101 would come from dividend reinvestments.\nSource: Dividend Freedom Tribe\nThis is not quite satisfactory, and given that Clorox's momentum is among the worst 6% of stocks in the market according to our Momentum Score., then I'd strongly suggesting avoiding CLX, and moving out of the position if not yet done.\nS&P Global (SPGI)\nS&P Global is a great company. It is beautifully managed, it has a long history of growth, and a lot of track ahead of it to continue increasing its dividend aggressively.\nYou can't really fault management, the dividend has been growing at 16% per annum for the past 5 years, while maintaining the free cash flow payout ratio below 20%.\nIt is once again a case of the market collectively getting too high(pun intended)on how good a company it is.\nThe current yield of 0.89% is extremely low.\nThis wasn't always the case. Back in 2011, and in early 2013, one could buy SPGI with a 2.8% yield, which would have been a great investment.\nIt is only fair to point out that had we done so, we would have also exited early, likely sometime in late 2017 or 2018, and would have been very comfortable foregoing future returns to shift to value, increase our income stream, and sleep well at night.\nSource: Dividend Freedom Tribe\nThe relationship between yield and growth rates gets extreme as yields get very low.\nWith the same $10,000 simulation, assuming 16% dividend growth with reinvestments of dividends, in 10 years you could only expect $408 in dividends, half the amount to be considered a good income opportunity.\nSource: Dividend Freedom Tribe\nFor SPGI to be considered a good income opportunity at the current valuation, one would have to believe that they would be able to increase the dividend by 25% per annum. Over 10 years that equates to an 831% increase, which somehow seems like a pipe dream.\nSell.\nEmerson Electric (EMR)\nIndustrials have been having one hell of a run. We've enjoyed this in our own industrial picks. One of our favorite is Snap-on (SNA) which we've been quite vocal about in the past year.\nEmerson Electric has also had one hell of a run but now trades at a valuation that is unheard of in the past decade.\nThe stock yields 2.3%, below its 10-year median yield of 3%, outside of its historically fair range of 2.7% to 3.3%.\nSource: Dividend Freedom Tribe\nBut this is combined to the fact that since 2014, dividend growth hasn't even kept up with inflation. If you've been checking inflation numbers in the past 7 years, you know that that is not a lot.\nIn the past 5 years, the dividend has grown at a 1% CAGR, while management could have easily achieved more. The free cash flow payout ratio was 52% 5 years ago. Today it's 40%.\nOnly one way to read into this, management is choosing to not increase the dividend in line with the growth in the business.\nThis is a negative signal for us, as it signals that management is viewing the dividend policy as a chore, and not as a way to actively reward shareholders for bearing the risk of the business they run.\nFor this one, let's run the simulation assuming management continue down this road, increasing the dividend by 1% per year.\nIf you invest $10,000, reinvest the dividends at the current yield, then in 10 years, you can expect a crazy $311 in dividends.\nSource: Dividend Freedom Tribe\nAlternatively you could buy Broadcom (AVGO) and get that amount today, or if you want to stay in Industrials, SNA, and get that amount in a year or two.\nThe valuation doesn't meet management's commitment to shareholders. Sell.\nStanley Black & Decker (SWK)\nThe party in industrials has gotten out of hand in many places. Stanley Black & Decker is another example of this in action. The power and hand tools company now once again trades at a valuation which it last traded at in January 2018.\nIf you want to see how that played out. Just look at how much pain buying the stock then, or choosing to hold on to it would have been.\nAlternatively you could buy Broadcom (AVGO) and get that amount today, or if you want to stay in Industrials, SNA, and get that amount in a year or two.\nThe valuation doesn't meet management's commitment to shareholders. Sell.\nStanley Black & Decker (SWK)\nThe party in industrials has gotten out of hand in many places. Stanley Black & Decker is another example of this in action. The power and hand tools company now once again trades at a valuation which it last traded at in January 2018.\nIf you want to see how that played out. Just look at how much pain buying the stock then, or choosing to hold on to it would have been.\nSource: Dividend Freedom Tribe\nIt would have taken you nearly 3 years for your position to be worth what it was then, and in exchange for your loyalty, you would have been compensated with dividend increases which have averaged about 3.5%.\nNot great.\nThe current yield of 1.45% is dangerously close to the 10-year minimum yield of 1.42%. It is way below the median yield of 2.08%, and out of the historically \"fair range\" of 1.8% to 2.36%.\nEven if the dividend were to grow in the next 10 years at 7.5% per annum (the rate which it has in the past 10 years) then it would still be a very lackluster investment from an income perspective.\nInvesting $10,000 at the current valuation, and reinvesting dividends in such a scenario would yield $333 in 10 years. Only 3.33% of your original investment.\nSource: Dividend Freedom Tribe\nSave yourself the hardship, and start moving out of your SWK position.\nCintas (CTAS)\nThis trend exists in many Industrial stocks. Cintas is yet another example in the Dividend Aristocrat space.\nIt has been increasing at an incredible rate during the past decade, a period during which the dividend has grown at 20% per year.\nSource: Dividend Freedom Tribe\nBut as you can see with the price moving from the blue band to the red band over the years, the market has continually reviewed its valuation of Cintas upwards.\nFor that reason it might not be worth looking towards historical ranges to derive value. Every year you would have said \"boy that looks expensive\".\nHere a better alternative is to look purely towards the future.\nEven if Cintas can keep up its historical growth rate of 20% per annum over the next ten years (it only managed 10% this past year)Cintas wouldn't quite reach our threshold of 8% on the initial investment, as the chart below shows.\nSource: Dividend Freedom Tribe\nNote that a 20% dividend growth rate is extremely powerful. It can increase income 6x on an extremely low yielding security. However, it is a momentous challenge as it implies multiplying the dividend by nearly 6x.\nIf they did somehow pull it off, while growing free cash flow at 8% per annum (the rate of revenue growth in the past 10 years) then the dividend would move from 30% of free cash flow to 85% of free cash flow.\nAnd yet from our income stream analysis, it would still come up short.\nSometimes things are just too much of a stretch.\nNucor (NUE)\nOvervalued names seem to pop up in nearly every sector this year.\nIf we move to Materials, we find Nucor which is yet again an example of a dividend aristocrat which has been increasing its dividend at such a low rate for so long. Its 2.4% yield cannot be counted on to give any significant boost to your income.\nDuring the past 10 years, the dividend has grown at a 1.3% CAGR. Over the past 5 years, this has gone down to 1.2%, with last year's increase an anemic 0.6% increase.\nSource: Dividend Freedom Tribe\nManagement could probably have squeezed out more as free cash flow payout ratios have mostly been stable at around 50% for the past 5 years\nBut that highlights a problem. FCF per share has grown at the same rate as the dividend, this means about 1%.\nNow I have no problem with low growth businesses if they provide a safe high yield. But Nucor offers none of that. In fact, if we continue to project into the future at a growth rate of 1.3%, one could expect 3.34% on his original investment in 10 years, assuming reinvestments at the current yield.\nSource: Dividend Freedom Tribe\nIt's been a good run, but it is time to sell.\nCincinnati Financial (CINF)\nInsurance companies were hit bad in 2020. It is a whole theme we have with our Dividend Freedom Tribe members, where we encourage them to buy undervalued insurance companies for a recovery scenario. One such stock is Prudential (PRU). Another is Aflac (AFL) which is also a Dividend Aristocrat.\nBut CINF, while being a very safe and stable Aristocrat, is also overvalued.\nIt yields 2.4%, well below its 10-year median of 3.2% and out of its historical fair range of 2.7% to 3.6%.\nNote that when it yields 3.5% or more, we think it is a great opportunity, but that has only happened during 3 periods in the past 10 years.\nSource: Dividend Freedom Tribe\nAt the current rate it looks like a stretch, as if management is to continue with their course of increasing the dividend at a long term rate of 5% per annum, then CINF will fail to impress from an income perspective.\nIn 10 years, a $10,000 investment would produce $527 in income, assuming dividend reinvestments at the current yield.\nSource: Dividend Freedom Tribe\nOnce again, a fantastic blue chip. Well run. Shareholder-friendly management. Sleep well at night stuff. But better opportunities out there.\nBecton, Dickinson and Company (BDX)\nThe final stock on the list is a healthcare stock. While BDX is off 10% from its highs, it still remains expensive in light of future potential.\nBDX yields below 1.38%, below its median yield of 1.68%, and only just within the historically fair range of 1.33% to 1.95%.\nSource: Dividend Freedom Tribe\nIt's the only stock on the list which yields more than its 25th percentile yield, however, not enough to convince. Between 2011 and 2015, BDX yielded between 1.9% and 2.6% while its dividend was growing at a 10% CAGR. Then between 2017 and now, it has yielded between 1.3% and 1.6%, despite the dividend growth rate falling to 4% per annum.\nIf this feels like the world upside down to you, it feels that way to me too.\nThe trend is going towards lower 4-5% dividend growth per annum. Yet at a 32% free cash flow payout ratio, and a solid business, we can argue that maybe management could squeeze out its 10-year CAGR of 7% again in the upcoming decade.\nBut the yield is just too low to contribute significantly.\nIf the dividend were to grow at 7% and you were to invest $10,000 today and reinvest dividends at the current yield for the next 10 years, then you could expect $299 per year in dividends a decade from now.\nA menial amount, as you probably agree if you got this far in the article.\nSource: Dividend Freedom Tribe\nScaling out of the position makes sense.\nConclusion\nIt's an interesting market, where we have a mixed bag of expensive stocks and cheap stocks. More and more are joining the ranks of the first category, making it a good time to trim positions.\nThere are a few corner cases where very large taxable gains might make selling not ideal. In this list, I can only see this maybe happening with LOW, if you have a very, very large gain.\nOtherwise moving out might be the best decision.\nJust think about it, you can own stocks that are historically overvalued, have poor dividend potential, and are at risk of capital loss or stagnation from here on.\nOr you can maintain (or even increase)your income today, improve your dividend potential in the next few years, while exposing yourself to value and buying stocks that will have their turn of outsized capital gains in the next few years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358371702,"gmtCreate":1616667948106,"gmtModify":1704797136129,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Please like and comments","listText":"Please like and comments","text":"Please like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358371702","repostId":"1139908626","repostType":4,"repost":{"id":"1139908626","pubTimestamp":1616663752,"share":"https://ttm.financial/m/news/1139908626?lang=&edition=fundamental","pubTime":"2021-03-25 17:15","market":"us","language":"en","title":"Apple Failure Modes","url":"https://stock-news.laohu8.com/highlight/detail?id=1139908626","media":"Medium","summary":"Apple has avoided the types of failures that have beset so many tech giants. From the HP I dearly loved and the IBM we once feared, to Palm, Nokia, Blackberry, and many more…Will Apple eventually follow a similar trajectory and either disappear or recede into the shadows?Or can Tim Cook continue to keep the Steve Jobs Apple 2.0 miracle alive almost a decade after the magician’s passing?The Monday Note has been on an irregular hiatus as I labor on a book chronicling my picaresque half century in ","content":"<p><i>Apple has avoided the types of failures that have beset so many tech giants. From the HP I dearly loved and the IBM we once feared, to Palm, Nokia, Blackberry, and many more… Will Apple eventually follow a similar trajectory and either disappear or recede into the shadows? Or can Tim Cook continue to keep the Steve Jobs Apple 2.0 miracle alive almost a decade after the magician’s passing?</i></p>\n<p><img src=\"https://static.tigerbbs.com/028afa8092cf5134580f1cb4b8bd6596\" tg-width=\"1050\" tg-height=\"590\"></p>\n<p>The Monday Note has been on an irregular hiatus as I labor on a book chronicling my picaresque half century in the tech world. While I only spent ten of those years inside Apple, gravity exerts its pull and the book sometimes feels centered on the company that allowed me to fulfill two dreams: Coming to the US and leading a product engineering organization.</p>\n<p>Writing about the early days at Apple led me to contemplate how the ambitious but struggling company became today’s $2T enterprise, how it avoided the “failure formulas” we’ve seen in so many grandees of the industry.</p>\n<p>Nokia, Palm, and Blackberry followed a relatively simple failure recipe. When the first generation iPhone was announced, they dismissed the threat, impugning Apple’s ability to play in their arena. Then Android devices arrived, and the giants refused to back down: ’<i>We know what we’re doing,just look at our numbers!</i>’.</p>\n<p>My good old HP is a&nbsp;much more complicated story. On the technical side, it allowed its superb desktop computing business to be disrupted by “cheap” 8-bit processors, but the real problems were cultural and political: A revolving door in the CEO suite, a Board of Directors that spied on each other, no coherent corporate strategy leading to catastrophic acquisitions followed by spinoffs…</p>\n<p>No company has been as powerful and then fallen as far as IBM. Once known as The Company, its mainframe products and services dominated business computing, its management methods were exemplary. (In the mid-seventies I was given a copy of the all-encompassing Manager’s Guide and was in awe with the depth and scope of the work.) Then, the PC happened, a product category IBM initially seized, only to lose it by letting clones powered by Microsoft software flood the market and kill its margins.</p>\n<p>A decade later when the Internet and networked servers changed the game, IBM wasn’t ready and almost went bust, only to be saved by Lou Gerstner…at least for a while. Unfortunately, Gerstner’s successors were unable to harness the relentless growth of Cloud Computing, and now the company has fractured. The current CEO, Arvind Krishna, recently decided to split IBM into“Two Market-Leading Companies with Focused Strategies”. The larger entity keeps the IBM name, the smaller as yet unnamed company rids IBM of a low-margin, low hope, ferociously competitive IT infrastructure business.</p>\n<p>Microsoft offers an interesting counterexample of success after it made an historic, expensive miss. Late to the smartphone game, the company gave Nokia special licensing terms for its Windows Phone OS, only to see the partnership flounder. Despairing, Microsoft bought Nokia for $7.2B in 2013 and took a $7.6B writeoff two years later, followed by another $900M the following year. The clean-up job was left to Satya Nadella who took the reins from Steve Ballmer in 2014. Since then, Microsoft has prospered as the company has focused on software and Cloud services for organizations. As a part of that refocus the Microsoft stores, modeled after the Apple Store, have been shuttered.</p>\n<p>While these failure stories hold some lessons for Apple, some of them are actually reassuring.</p>\n<p>For example, it takes more than one substantial mistake for a large company to begin its decline. The Apple Maps debut and “Antennagate”, as examples, were embarrassing but didn’t do any lasting harm. To be sure, two mediocre iPhone vintages in succession would have a deleterious effect on image and finances, but even that could be survived, especially in today’s quasi-saturated market. And as the Microsoft example shows us, seriously missing an industry wave (smartphones) can be overcome by jumping on a new one (the Cloud aided by the Windows/Office flywheel). This may shed light on Apple’s efforts to give more momentum to the Services business, a flywheel in its own right.</p>\n<p>Apple’s iCloud is a different story. True, “cloud” is a very broad term and many of the company’s cloud services are so taken-for-granted as to be almost invisible. For example, iPhone photos live in the petabytes or exabytes of cloud storage that propagates nicely to users’ devices. The same is true for Music and more.</p>\n<p>While iCloud as a product has come a long way since the 2008 MobileMe, the&nbsp;Exchange For The Rest Of Us&nbsp;that&nbsp;embarrassed Steve Jobs, it’s often sluggish and buggy (even now as I attempt to use Pages “as we speak”). It lacks the power and polish that Google and Dropbox have to offer. That said, one shouldn’t expect Apple to offer iCloud services in the way that Amazon Web Services, Google Cloud, and Microsoft Azure do. In fact, Apple in part&nbsp;depends on AWS&nbsp;and others for its own infrastructure — a contentious internal topic.</p>\n<p>Apple’s record with Artificial Intelligence (another broad domain) is surely a sore point in the Board Room. Although the company was “there” first with Siri, the company watched as Google and Amazon surpassed them to become the leaders in Intelligent Assistant applications. In everyday life, one can see modest progress in Siri’s usefulness and pervasiveness, and we can hope Senior VP of Machine Learning and AI Strategy&nbsp;John Giannandrea, a Google alumnus with a distinguished résumé who joined Apple in 2018, will set things right.</p>\n<p>Apple’s strengths are not to be discounted when considering failure modes. Its hardware, software, and supply chain management is unrivaled. But let’s focus on a less lauded advantage, the power of its organizational structure.</p>\n<p>To simplify, there are no&nbsp;<i>divisions</i>&nbsp;at Apple, no iPhone, Mac, or AirPod “subcompany”. Instead, there are&nbsp;<i>functions</i>&nbsp;as sketched by the&nbsp;Apple Leadership&nbsp;chart (helpful job details are accessed when clicking on the names):</p>\n<p><img src=\"https://static.tigerbbs.com/b887dfe02642de363c4b17cc7f5e4f47\" tg-width=\"1050\" tg-height=\"1806\"></p>\n<p>When Apple develops a new product — I’ll avoid titillating possibilities — work is organized around<i>projects</i>. A project group is formed by drawing on functions such as Software Engineering, Operations, Hardware Technologies, and so on. Some team members, for activities such as Product Design or Operations, may work on more than one project. The group exists as long as the project exists and is disbanded if the product is canceled or put on the shelf.</p>\n<p>One of the things that beset HP was its divisional structure with the unavoidable rivalries, territorial disputes, and fights over resources. Customers, of course, don’t care about divisons, they care about products. Apple’s robust, flexible,<i>functional</i>organization helps everyone focus on products and customers.</p>\n<p>It’s an extremely valuable Steve Jobs legacy.</p>\n<p>Does this mean Apple is immune to large scale failure, that it won’t someday take the path HP or IBM did?</p>\n<p>No.</p>\n<p>In a quest for the next engine of growth, Apple could take big risks such as trying to enter the auto industry, either in a frontal assault against Tesla, Toyota, and “Deutsche AG” (German car makers), or in more original forms of individual mobility. Or it could be tempted by the humongous amounts of money spent on healthcare.</p>\n<p>And no matter how powerful its organizational structure is, Apple, like every company, is susceptible to personal mediocrity: Insecure B-grade managers hire C-grade players who won’t challenge their authority or their “expertise”, and products suffer as a result. We know the old organization joke: When upper layer people look down, they see brains; when brains in the lower layers look up, they see #$$holes. For an organization, the beginning of the end comes when the brains realize the upper layers are colonized by incompetents and get into Why Bother Mode. I don’t know enough about the company’s hiring and firing practices but, in my nervous mind, this is the biggest risk to Apple. From a distance, it’s impossible to know how hard Apple works to avoid a form of degenerative failure.</p>","source":"lsy1616663746307","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Failure Modes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Failure Modes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://mondaynote.com/apple-failure-modes-a5c9e1c9ffb0><strong>Medium</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple has avoided the types of failures that have beset so many tech giants. From the HP I dearly loved and the IBM we once feared, to Palm, Nokia, Blackberry, and many more… Will Apple eventually ...</p>\n\n<a href=\"https://mondaynote.com/apple-failure-modes-a5c9e1c9ffb0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://mondaynote.com/apple-failure-modes-a5c9e1c9ffb0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139908626","content_text":"Apple has avoided the types of failures that have beset so many tech giants. From the HP I dearly loved and the IBM we once feared, to Palm, Nokia, Blackberry, and many more… Will Apple eventually follow a similar trajectory and either disappear or recede into the shadows? Or can Tim Cook continue to keep the Steve Jobs Apple 2.0 miracle alive almost a decade after the magician’s passing?\n\nThe Monday Note has been on an irregular hiatus as I labor on a book chronicling my picaresque half century in the tech world. While I only spent ten of those years inside Apple, gravity exerts its pull and the book sometimes feels centered on the company that allowed me to fulfill two dreams: Coming to the US and leading a product engineering organization.\nWriting about the early days at Apple led me to contemplate how the ambitious but struggling company became today’s $2T enterprise, how it avoided the “failure formulas” we’ve seen in so many grandees of the industry.\nNokia, Palm, and Blackberry followed a relatively simple failure recipe. When the first generation iPhone was announced, they dismissed the threat, impugning Apple’s ability to play in their arena. Then Android devices arrived, and the giants refused to back down: ’We know what we’re doing,just look at our numbers!’.\nMy good old HP is a much more complicated story. On the technical side, it allowed its superb desktop computing business to be disrupted by “cheap” 8-bit processors, but the real problems were cultural and political: A revolving door in the CEO suite, a Board of Directors that spied on each other, no coherent corporate strategy leading to catastrophic acquisitions followed by spinoffs…\nNo company has been as powerful and then fallen as far as IBM. Once known as The Company, its mainframe products and services dominated business computing, its management methods were exemplary. (In the mid-seventies I was given a copy of the all-encompassing Manager’s Guide and was in awe with the depth and scope of the work.) Then, the PC happened, a product category IBM initially seized, only to lose it by letting clones powered by Microsoft software flood the market and kill its margins.\nA decade later when the Internet and networked servers changed the game, IBM wasn’t ready and almost went bust, only to be saved by Lou Gerstner…at least for a while. Unfortunately, Gerstner’s successors were unable to harness the relentless growth of Cloud Computing, and now the company has fractured. The current CEO, Arvind Krishna, recently decided to split IBM into“Two Market-Leading Companies with Focused Strategies”. The larger entity keeps the IBM name, the smaller as yet unnamed company rids IBM of a low-margin, low hope, ferociously competitive IT infrastructure business.\nMicrosoft offers an interesting counterexample of success after it made an historic, expensive miss. Late to the smartphone game, the company gave Nokia special licensing terms for its Windows Phone OS, only to see the partnership flounder. Despairing, Microsoft bought Nokia for $7.2B in 2013 and took a $7.6B writeoff two years later, followed by another $900M the following year. The clean-up job was left to Satya Nadella who took the reins from Steve Ballmer in 2014. Since then, Microsoft has prospered as the company has focused on software and Cloud services for organizations. As a part of that refocus the Microsoft stores, modeled after the Apple Store, have been shuttered.\nWhile these failure stories hold some lessons for Apple, some of them are actually reassuring.\nFor example, it takes more than one substantial mistake for a large company to begin its decline. The Apple Maps debut and “Antennagate”, as examples, were embarrassing but didn’t do any lasting harm. To be sure, two mediocre iPhone vintages in succession would have a deleterious effect on image and finances, but even that could be survived, especially in today’s quasi-saturated market. And as the Microsoft example shows us, seriously missing an industry wave (smartphones) can be overcome by jumping on a new one (the Cloud aided by the Windows/Office flywheel). This may shed light on Apple’s efforts to give more momentum to the Services business, a flywheel in its own right.\nApple’s iCloud is a different story. True, “cloud” is a very broad term and many of the company’s cloud services are so taken-for-granted as to be almost invisible. For example, iPhone photos live in the petabytes or exabytes of cloud storage that propagates nicely to users’ devices. The same is true for Music and more.\nWhile iCloud as a product has come a long way since the 2008 MobileMe, the Exchange For The Rest Of Us that embarrassed Steve Jobs, it’s often sluggish and buggy (even now as I attempt to use Pages “as we speak”). It lacks the power and polish that Google and Dropbox have to offer. That said, one shouldn’t expect Apple to offer iCloud services in the way that Amazon Web Services, Google Cloud, and Microsoft Azure do. In fact, Apple in part depends on AWS and others for its own infrastructure — a contentious internal topic.\nApple’s record with Artificial Intelligence (another broad domain) is surely a sore point in the Board Room. Although the company was “there” first with Siri, the company watched as Google and Amazon surpassed them to become the leaders in Intelligent Assistant applications. In everyday life, one can see modest progress in Siri’s usefulness and pervasiveness, and we can hope Senior VP of Machine Learning and AI Strategy John Giannandrea, a Google alumnus with a distinguished résumé who joined Apple in 2018, will set things right.\nApple’s strengths are not to be discounted when considering failure modes. Its hardware, software, and supply chain management is unrivaled. But let’s focus on a less lauded advantage, the power of its organizational structure.\nTo simplify, there are no divisions at Apple, no iPhone, Mac, or AirPod “subcompany”. Instead, there are functions as sketched by the Apple Leadership chart (helpful job details are accessed when clicking on the names):\n\nWhen Apple develops a new product — I’ll avoid titillating possibilities — work is organized aroundprojects. A project group is formed by drawing on functions such as Software Engineering, Operations, Hardware Technologies, and so on. Some team members, for activities such as Product Design or Operations, may work on more than one project. The group exists as long as the project exists and is disbanded if the product is canceled or put on the shelf.\nOne of the things that beset HP was its divisional structure with the unavoidable rivalries, territorial disputes, and fights over resources. Customers, of course, don’t care about divisons, they care about products. Apple’s robust, flexible,functionalorganization helps everyone focus on products and customers.\nIt’s an extremely valuable Steve Jobs legacy.\nDoes this mean Apple is immune to large scale failure, that it won’t someday take the path HP or IBM did?\nNo.\nIn a quest for the next engine of growth, Apple could take big risks such as trying to enter the auto industry, either in a frontal assault against Tesla, Toyota, and “Deutsche AG” (German car makers), or in more original forms of individual mobility. Or it could be tempted by the humongous amounts of money spent on healthcare.\nAnd no matter how powerful its organizational structure is, Apple, like every company, is susceptible to personal mediocrity: Insecure B-grade managers hire C-grade players who won’t challenge their authority or their “expertise”, and products suffer as a result. We know the old organization joke: When upper layer people look down, they see brains; when brains in the lower layers look up, they see #$$holes. For an organization, the beginning of the end comes when the brains realize the upper layers are colonized by incompetents and get into Why Bother Mode. I don’t know enough about the company’s hiring and firing practices but, in my nervous mind, this is the biggest risk to Apple. From a distance, it’s impossible to know how hard Apple works to avoid a form of degenerative failure.","news_type":1},"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351090032,"gmtCreate":1616543664126,"gmtModify":1704795396119,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Please like and comment !!","listText":"Please like and comment !!","text":"Please like and comment !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/351090032","repostId":"1194045564","repostType":4,"repost":{"id":"1194045564","pubTimestamp":1616512875,"share":"https://ttm.financial/m/news/1194045564?lang=&edition=fundamental","pubTime":"2021-03-23 23:21","market":"us","language":"en","title":"Netflix Has Been Trailing the Market. Why One Analyst Decided to Get More Bullish.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194045564","media":"Barrons","summary":"Netflix shares were getting a boost on Tuesday from Argus analyst Joseph Bonner, who raised his rati","content":"<p>Netflix shares were getting a boost on Tuesday from Argus analyst Joseph Bonner, who raised his rating on the streaming video giant’s stock to Buy from Hold, setting a price target of $650.</p>\n<p>“Netflix continues to produce popular original content, while also expanding globally, adding new subscribers, and strengthening its industry position,” Bonner wrote in a research note. “We believe that it has sustainable structural competitive advantages in the streaming video space.”</p>\n<p>As Bonner points out,the company recentlysaid it expected to become sustainably free cash flow positive in the near future. “While valuation metrics for Netflix remain well above the peer average, they have improved with the recent selloff and in our view provide investors with an appropriate entry point,” he wrote.</p>\n<p>Bonner thinks Netflix (ticker: NFLX) shares simply look cheap. He points out that while the stock is up 54% over the last 12 months, that trails gains of 62% for the S&amp;P 500, 83% for the S&amp;P Media and Entertainment index, and 142% for the NYSE’s FANG+ index. He notes that the stock trades for 33 times forward estimated Ebitda (earnings before interest, taxes, depreciation, and amortization), about a 124% premium to peer media and entertainment stocks, but below the two-year historical average premium of 159%.</p>\n<p>Netflix was up 3% in Tuesday morning trading, to $538.57.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Has Been Trailing the Market. Why One Analyst Decided to Get More Bullish.</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\">\nNetflix Has Been Trailing the Market. Why One Analyst Decided to Get More Bullish.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/netflix-has-been-trailing-the-market-why-one-analyst-decided-to-get-more-bullish-51616512416?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix shares were getting a boost on Tuesday from Argus analyst Joseph Bonner, who raised his rating on the streaming video giant’s stock to Buy from Hold, setting a price target of $650.\n“Netflix ...</p>\n\n<a href=\"https://www.barrons.com/articles/netflix-has-been-trailing-the-market-why-one-analyst-decided-to-get-more-bullish-51616512416?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.barrons.com/articles/netflix-has-been-trailing-the-market-why-one-analyst-decided-to-get-more-bullish-51616512416?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194045564","content_text":"Netflix shares were getting a boost on Tuesday from Argus analyst Joseph Bonner, who raised his rating on the streaming video giant’s stock to Buy from Hold, setting a price target of $650.\n“Netflix continues to produce popular original content, while also expanding globally, adding new subscribers, and strengthening its industry position,” Bonner wrote in a research note. “We believe that it has sustainable structural competitive advantages in the streaming video space.”\nAs Bonner points out,the company recentlysaid it expected to become sustainably free cash flow positive in the near future. “While valuation metrics for Netflix remain well above the peer average, they have improved with the recent selloff and in our view provide investors with an appropriate entry point,” he wrote.\nBonner thinks Netflix (ticker: NFLX) shares simply look cheap. He points out that while the stock is up 54% over the last 12 months, that trails gains of 62% for the S&P 500, 83% for the S&P Media and Entertainment index, and 142% for the NYSE’s FANG+ index. He notes that the stock trades for 33 times forward estimated Ebitda (earnings before interest, taxes, depreciation, and amortization), about a 124% premium to peer media and entertainment stocks, but below the two-year historical average premium of 159%.\nNetflix was up 3% in Tuesday morning trading, to $538.57.","news_type":1},"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568855588230949","authorId":"3568855588230949","name":"IsleofSkye","avatar":"https://static.tigerbbs.com/67513c367fa2b32512713968a36dcf7d","crmLevel":4,"crmLevelSwitch":0,"idStr":"3568855588230949","authorIdStr":"3568855588230949"},"content":"Done. pls respond back","text":"Done. pls respond back","html":"Done. pls respond back"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353973661,"gmtCreate":1616458551753,"gmtModify":1704794294611,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Buy buy buy!!","listText":"Buy buy buy!!","text":"Buy buy buy!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353973661","repostId":"2121120348","repostType":4,"repost":{"id":"2121120348","pubTimestamp":1616427011,"share":"https://ttm.financial/m/news/2121120348?lang=&edition=fundamental","pubTime":"2021-03-22 23:30","market":"us","language":"en","title":"Why AMC, GameStop, and Sundial Are 3 of the Worst Stocks to Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2121120348","media":"Motley Fool ","summary":"Don't let the Reddit frenzy lure you into buying terrible businesses.","content":"<p>Don't let the Reddit frenzy lure you into buying terrible businesses.</p>\n<p>Whether you're a relatively new investor or someone who's been putting your money to work in the market for five decades, there's always something new or unforeseen happening that keeps things interesting.</p>\n<p>In 2021, it's been the rise of the Reddit trader.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/77f6df9d5cb2415372006deee1d65d6d\" tg-width=\"2000\" tg-height=\"1333\"><span>Image source: Getty Images.</span></p>\n<p>Beginning in mid-January, retail investors -- mostly millennials who are relatively new to investing -- on Reddit's WallStreetBets (WSB) community chatroom began banding together to buy shares and out-of-the-money call options in highly short-sold stocks. Short-sellers are investors who are betting against a stock and hoping for its share price to decline. Since gains are capped at 100% while losses are unlimited, short-sellers tend not to stick around if a stock begins to gain a lot of upside momentum.</p>\n<p>Reddit's WSB community was able to effect short squeezes in dozens of short-sold stocks. In order for short-sellers to exit their positions, they must buy to cover. Buying stock only exacerbates the runaway train effect to the upside.</p>\n<p>Since mid-January, movie theater chain&nbsp;<b>AMC Entertainment</b> (NYSE:AMC), video game and accessories retailer&nbsp;<b>GameStop</b> (NYSE:GME), and Canadian marijuana stock&nbsp;<b>Sundial Growers</b> (NASDAQ:SNDL) have been the three most-popular plays of Reddit's retail investors. Unfortunately, they're also three of the worst stocks money can buy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bee505c562dafe3e29f86496a282e43d\" tg-width=\"700\" tg-height=\"470\"><span>Image source: Getty Images.</span></p>\n<p><b>Here's why it could be lights-out for AMC</b></p>\n<p>AMC's popularity has to do with its perceived-to-be low share price, as well as the reopening of 99% of its theaters by March 26, according to the company. As many folks have also pointed out to me on social media, technical analysis (i.e., chart patterns) is also driving interest.</p>\n<p>However, none of these catalysts offers true substance.</p>\n<p>For instance, AMC Entertainment was on the verge of bankruptcy in mid-January, and was ultimately saved by issuing close to 165 million new shares of stock and taking on over $400 million in debt capital. The company may have more than $1 billion in cash on hand now, but it's facing aggregate operating losses over the next two years that, by Wall Street's consensus, will come in around a median of $1.7 billion. This is a fancy way of saying that AMC Entertainment almost certainly doesn't have enough cash to make it through the next 12-to-24 months, based on projected losses.</p>\n<p>Another thing to keep in mind is that AMC's theaters reopening doesn't mean things are back to normal. A vast majority of its theaters will be operating at limited capacity, and there's always the possibility that coronavirus variants lead to certain cities, counties, or states scaling back their reopening plans.</p>\n<p>But maybe the biggest slap in the face for shareholders is that AMC executives pocketed $8.3 million in bonuses just a month after stepping back from the bankruptcy ledge for their \"extraordinary efforts\" to keep AMC afloat during these challenging times.</p>\n<p>If you still need <a href=\"https://laohu8.com/S/AONE\">one</a> more damning reason to avoid AMC like the plague, here it is: The model is being disrupted. Both&nbsp;<b>AT&amp;T</b>'s WarnerMedia and&nbsp;<b>Walt Disney</b>&nbsp;are releasing new movies in 2021 on their respective streaming platforms (HBO Max and Disney+) the same day they'll hit theaters. The growth heyday for movie chains is over, and so are AMC's chances for success, in my view.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cd041c3c1a321e640648ee5c35dd06e\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p><b>Game over for GameStop?</b></p>\n<p>Even though it's the stock that began the Reddit frenzy, GameStop is not a company that any investors should desire to own at its current valuation.</p>\n<p>The primary buy thesis for GameStop has been its high level of short interest. When the short squeeze began in mid-January, the company's short interest, relative to float, was by far the highest on Wall Street. It's come down substantially since then, but GameStop's share price has not.</p>\n<p>If I could grasp at straws and perhaps find <a href=\"https://laohu8.com/S/AONE.U\">one</a> shred of good news to share, it's that the company's e-commerce sales have been soaring of late. During the 2020 holiday season, digital gaming sales rose by 309%. But here's the kicker: Even with a more-than-quadrupling in e-commerce sales, total sales during the holiday season still declined by 3.1%. That's primarily because GameStop shuttered 11% of its stores between the 2019 and 2020 holiday seasons.</p>\n<p>The plain-as-day issue here is that GameStop waited far too long to shift its operating focus to digital gaming. With fewer people trading in or buying used games, which used to be GameStop's high-margin, bread-and-butter growth driver, GameStop's only recourse is to attempt to backpedal its way back into the profit column. This means closing hundreds of stores annually to reduce expenses. But in spite of these precipitous closures, GameStop is likely looking at its fourth-consecutive annual loss in 2021.</p>\n<p>While it may not be game over for GameStop, the company's glory days are long gone. Its market cap today is roughly two times higher than its previous all-time high set back in 2007. The thing is, revenue has gone nowhere, and the company has pushed from recurring profits to ongoing losses. There's no way to logically justify this valuation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/084d89ada48e3614d1b0f7ca9fd0aa9c\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Getty Images.</span></p>\n<p><b>Sundial might go up in smoke</b></p>\n<p>Finally, there's Sundial Growers, which I believe is the worst marijuana stock money can buy.</p>\n<p>Similar to GameStop and AMC, Sundial has been buoyed by the Reddit crowd for its high short interest and the lure of its penny stock share price. Canadian pot stocks have also received a boost following the election of Joe Biden as President and Democrats retaking the Senate by the slimmest of majorities. There's hope that cannabis legalization in the U.S. would allow Canadian players like Sundial to enter the more lucrative U.S. market.</p>\n<p>But if there's one thing tenured investors are acutely familiar with, it's that next-big-thing investments always have losers. Sundial looks like one of those losing investment.</p>\n<p>To begin with, Sundial just might be the worst share-based diluter I've seen in years. Since the end of September, Sundial has boosted its cash on hand to $719 million Canadian, but has done so by issuing more than 1.15 billion shares (yes, with a 'b') through a combination of direct share offerings, debt-to-equity swaps, and at-the-market issuances. Were this not enough, its board approved another $1 billion (that's U.S.) mixed-shelf offering. In theory, Sundial could issue hundreds of millions of additional shares.</p>\n<p>Because of its 1.66 billion outstanding shares, Sundial has virtually no chance of ever generating a meaningful per-share profit, and it probably runs the risk of being delisted if it falls back below $1 a share. Sundial could enact a reverse split to bump up its share price and shrink its outstanding share count, but companies that utilize reverse splits are historically viewed as struggling businesses.</p>\n<p>What's more, Sundial isn't anywhere near profitability, and investors are paying close to $1.9 billion for it, excluding cash. That's close to 38 times sales for a company that's lagging the vast majority of its Canadian and U.S. peers.</p>\n<p>AMC, GameStop, and Sundial might be today's buzzy stocks, but they lack substance and have little long-term staying power. That makes all three terrible buys.</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>Why AMC, GameStop, and Sundial Are 3 of the Worst Stocks to Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMC, GameStop, and Sundial Are 3 of the Worst Stocks to Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/22/amc-gamestop-and-sundial-3-of-worst-stocks-to-buy/><strong>Motley Fool </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Don't let the Reddit frenzy lure you into buying terrible businesses.\nWhether you're a relatively new investor or someone who's been putting your money to work in the market for five decades, there's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/22/amc-gamestop-and-sundial-3-of-worst-stocks-to-buy/\">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","SNDL":"SNDL Inc.","GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/03/22/amc-gamestop-and-sundial-3-of-worst-stocks-to-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121120348","content_text":"Don't let the Reddit frenzy lure you into buying terrible businesses.\nWhether you're a relatively new investor or someone who's been putting your money to work in the market for five decades, there's always something new or unforeseen happening that keeps things interesting.\nIn 2021, it's been the rise of the Reddit trader.\nImage source: Getty Images.\nBeginning in mid-January, retail investors -- mostly millennials who are relatively new to investing -- on Reddit's WallStreetBets (WSB) community chatroom began banding together to buy shares and out-of-the-money call options in highly short-sold stocks. Short-sellers are investors who are betting against a stock and hoping for its share price to decline. Since gains are capped at 100% while losses are unlimited, short-sellers tend not to stick around if a stock begins to gain a lot of upside momentum.\nReddit's WSB community was able to effect short squeezes in dozens of short-sold stocks. In order for short-sellers to exit their positions, they must buy to cover. Buying stock only exacerbates the runaway train effect to the upside.\nSince mid-January, movie theater chain AMC Entertainment (NYSE:AMC), video game and accessories retailer GameStop (NYSE:GME), and Canadian marijuana stock Sundial Growers (NASDAQ:SNDL) have been the three most-popular plays of Reddit's retail investors. Unfortunately, they're also three of the worst stocks money can buy.\nImage source: Getty Images.\nHere's why it could be lights-out for AMC\nAMC's popularity has to do with its perceived-to-be low share price, as well as the reopening of 99% of its theaters by March 26, according to the company. As many folks have also pointed out to me on social media, technical analysis (i.e., chart patterns) is also driving interest.\nHowever, none of these catalysts offers true substance.\nFor instance, AMC Entertainment was on the verge of bankruptcy in mid-January, and was ultimately saved by issuing close to 165 million new shares of stock and taking on over $400 million in debt capital. The company may have more than $1 billion in cash on hand now, but it's facing aggregate operating losses over the next two years that, by Wall Street's consensus, will come in around a median of $1.7 billion. This is a fancy way of saying that AMC Entertainment almost certainly doesn't have enough cash to make it through the next 12-to-24 months, based on projected losses.\nAnother thing to keep in mind is that AMC's theaters reopening doesn't mean things are back to normal. A vast majority of its theaters will be operating at limited capacity, and there's always the possibility that coronavirus variants lead to certain cities, counties, or states scaling back their reopening plans.\nBut maybe the biggest slap in the face for shareholders is that AMC executives pocketed $8.3 million in bonuses just a month after stepping back from the bankruptcy ledge for their \"extraordinary efforts\" to keep AMC afloat during these challenging times.\nIf you still need one more damning reason to avoid AMC like the plague, here it is: The model is being disrupted. Both AT&T's WarnerMedia and Walt Disney are releasing new movies in 2021 on their respective streaming platforms (HBO Max and Disney+) the same day they'll hit theaters. The growth heyday for movie chains is over, and so are AMC's chances for success, in my view.\nImage source: Getty Images.\nGame over for GameStop?\nEven though it's the stock that began the Reddit frenzy, GameStop is not a company that any investors should desire to own at its current valuation.\nThe primary buy thesis for GameStop has been its high level of short interest. When the short squeeze began in mid-January, the company's short interest, relative to float, was by far the highest on Wall Street. It's come down substantially since then, but GameStop's share price has not.\nIf I could grasp at straws and perhaps find one shred of good news to share, it's that the company's e-commerce sales have been soaring of late. During the 2020 holiday season, digital gaming sales rose by 309%. But here's the kicker: Even with a more-than-quadrupling in e-commerce sales, total sales during the holiday season still declined by 3.1%. That's primarily because GameStop shuttered 11% of its stores between the 2019 and 2020 holiday seasons.\nThe plain-as-day issue here is that GameStop waited far too long to shift its operating focus to digital gaming. With fewer people trading in or buying used games, which used to be GameStop's high-margin, bread-and-butter growth driver, GameStop's only recourse is to attempt to backpedal its way back into the profit column. This means closing hundreds of stores annually to reduce expenses. But in spite of these precipitous closures, GameStop is likely looking at its fourth-consecutive annual loss in 2021.\nWhile it may not be game over for GameStop, the company's glory days are long gone. Its market cap today is roughly two times higher than its previous all-time high set back in 2007. The thing is, revenue has gone nowhere, and the company has pushed from recurring profits to ongoing losses. There's no way to logically justify this valuation.\nImage source: Getty Images.\nSundial might go up in smoke\nFinally, there's Sundial Growers, which I believe is the worst marijuana stock money can buy.\nSimilar to GameStop and AMC, Sundial has been buoyed by the Reddit crowd for its high short interest and the lure of its penny stock share price. Canadian pot stocks have also received a boost following the election of Joe Biden as President and Democrats retaking the Senate by the slimmest of majorities. There's hope that cannabis legalization in the U.S. would allow Canadian players like Sundial to enter the more lucrative U.S. market.\nBut if there's one thing tenured investors are acutely familiar with, it's that next-big-thing investments always have losers. Sundial looks like one of those losing investment.\nTo begin with, Sundial just might be the worst share-based diluter I've seen in years. Since the end of September, Sundial has boosted its cash on hand to $719 million Canadian, but has done so by issuing more than 1.15 billion shares (yes, with a 'b') through a combination of direct share offerings, debt-to-equity swaps, and at-the-market issuances. Were this not enough, its board approved another $1 billion (that's U.S.) mixed-shelf offering. In theory, Sundial could issue hundreds of millions of additional shares.\nBecause of its 1.66 billion outstanding shares, Sundial has virtually no chance of ever generating a meaningful per-share profit, and it probably runs the risk of being delisted if it falls back below $1 a share. Sundial could enact a reverse split to bump up its share price and shrink its outstanding share count, but companies that utilize reverse splits are historically viewed as struggling businesses.\nWhat's more, Sundial isn't anywhere near profitability, and investors are paying close to $1.9 billion for it, excluding cash. That's close to 38 times sales for a company that's lagging the vast majority of its Canadian and U.S. peers.\nAMC, GameStop, and Sundial might be today's buzzy stocks, but they lack substance and have little long-term staying power. That makes all three terrible buys.","news_type":1},"isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327992218,"gmtCreate":1616046578334,"gmtModify":1704790178919,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/327992218","repostId":"1159334095","repostType":4,"repost":{"id":"1159334095","pubTimestamp":1616045990,"share":"https://ttm.financial/m/news/1159334095?lang=&edition=fundamental","pubTime":"2021-03-18 13:39","market":"fut","language":"en","title":"Bitcoin Is Not a Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1159334095","media":"coindesk","summary":"Seems obvious, right? Well, there’s a common misconception among new crypto market participants that","content":"<p>Seems obvious, right? Well, there’s a common misconception among new crypto market participants that&nbsp;bitcoin&nbsp;is a company stock. While its price activity can correlate with traditional markets on occasion, it is, in fact, an entirely separate asset class.</p>\n<p>Bitcoin is a&nbsp;cryptocurrency– a type of digital asset secured by&nbsp;cryptography&nbsp;that can be used to make electronic payments over the internet or act as a&nbsp;store of value&nbsp;like gold or silver.</p>\n<p>Think of cryptocurrencies as the emails of the currency world. They do not exist in physical form, they can be sent in minutes and they do not require multiple intermediaries to handle the payment.</p>\n<p>Unlike fiat currencies like the U.S dollar or euro that store all card and wire transactions on a central ledger maintained by a single authority, bitcoin and other cryptocurrencies use a technology called “blockchain.” This is a globally&nbsp;distributed ledger&nbsp;that can be maintained and copied by anyone on the planet and ensures total immutability and transparency.</p>\n<p><b>Key differences between bitcoin and stocksStocks</b></p>\n<ul>\n <li>Traded on traditional stock exchanges such as Nasdaq, London Stock Exchange, Deutsche Börse, etc.</li>\n <li>Can only be traded Monday to Friday. Market opening and closing times vary between stock exchanges</li>\n <li>Regulated financial products</li>\n <li>Purchasers receive share certificates to show legal proof of ownership</li>\n <li>Companies can produce new shares after publicly launching, though there is a finite limit</li>\n <li>Brokerages maintain their own record of stock trades that they execute on behalf of clients. In the United States, this information is not publicly available unless an investor purchases over 5% of a listed company</li>\n</ul>\n<p>Bitcoin</p>\n<ul>\n <li>Traded on centralized and decentralized crypto exchanges</li>\n <li>Crypto markets do not close so bitcoin can be traded at any time on any day</li>\n <li>Bitcoin is not a regulated investment vehicle; however, most international jurisdictions recognize it as property</li>\n <li>Purchasers can hold their own bitcoin or delegate safe storage to third-party custodians</li>\n <li>There will only ever be 21 million bitcoins. No new coins can be created</li>\n <li>The Bitcoin blockchain publicly records all transactions and can be viewed or downloaded by anyone at any time</li>\n</ul>\n<p>Company stocks that are tied to bitcoin</p>\n<p>Despite the differences between these two investment options, there are a number of publicly traded companies whose stocks are tied to the performance of bitcoin. This is because the companies are either directly engaged in bitcoin-related activities such as mining,hold a substantial amount&nbsp;of bitcoin in reserves or their target market is crypto users.</p>\n<p>These companies include:</p>\n<ul>\n <li>Silvergate Capital</li>\n <li>MicroStrategy</li>\n <li>Square</li>\n <li>Riot Blockchain</li>\n <li>Nvidia</li>\n <li>Argo Blockchain</li>\n <li>MGT Capital Investments</li>\n <li>BitFarms</li>\n <li>Diginex</li>\n <li>Hut 8 Mining</li>\n <li>Voyager Digital</li>\n <li>Canaan Creative</li>\n</ul>\n<p>This generally means that when bitcoin’s price is performing well these stocks also tend to perform well, and vice versa. Recently, JPMorgan launched a new financial product called the “Cryptocurrency Exposure Basket” – a debt instrument linked to leading crypto focused companies that allows investors to gain indirect exposure to bitcoin and the altcoin market.</p>\n<p><b>Stocks that trade closest to BTC</b></p>\n<p>According to data from&nbsp;Morningstar, 2020 was a record year for the world’s largest cryptocurrency in terms of its correlated performance to traditional equities.</p>\n<p>Correlation is the measure of the relationship between two or more items. In this case, it’s used to measure the relationship between the price movements of two markets. There are several methods to calculate correlation, though the Pearson Product-Moment Correlation Coefficient (PPMCC) is the preferred method for measuring similarities between different financial assets. The PPMCC&nbsp; is measured between 1.0 and -1.0. The closer the value is to -1.0, the less correlated the two assets are; the closer the value is to 1.0, the more correlated are the two assets.</p>\n<p>For anyone interested to know how PPMCC is calculated, here’s the equation: ρxy = Cov(x,y) / σxσy</p>\n<p>Where ρxy = Pearson product-moment correlation coefficient</p>\n<p>Cov(x,y) = covariance of variables x and y</p>\n<p>σx = standard deviation of x</p>\n<p>σy = standard deviation of y</p>\n<p>The chart below illustrates a clear rise in correlation between bitcoin and a range of traditional financial markets, including the S&amp;P 500, gold, oil and U.S. bonds.</p>\n<p>The highest correlation between bitcoin and the stock market is theS&amp;P 500– an index of the largest 500 companies in the United States – with a value of 0.22. This is most likely due to a rise in&nbsp;institutional investmentent&nbsp;ering the crypto market and large players adding bitcoin to diversify their&nbsp;portfolios. When either market rises or falls it presumably creates a knock-on effect that spreads to other markets.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9de454a64c981203825b80d19bcbc41e\" tg-width=\"1200\" tg-height=\"335\"><span>Chart by Morningstar showing bitcoin correlation to stocks and commodities. Source: Morningstar/Nasdaq/VanEck</span></p>\n<p>The highest correlation overall is between bitcoin and gold, two popular “safe haven” assets that have historically risen in tandem during times of economic uncertainty. Bitcoin has often been touted as “digital gold” due to its scarce, limited supply. However, its high volatility and wild price swings make it far more risky and unpredictable. That being said, bitcoin has generated substantially higher returns year on year compared to&nbsp;gold.</p>","source":"lsy1572937250936","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 Not a Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Is Not a Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 13:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.coindesk.com/bitcoin-is-not-a-stock><strong>coindesk</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Seems obvious, right? Well, there’s a common misconception among new crypto market participants that bitcoin is a company stock. While its price activity can correlate with traditional markets on ...</p>\n\n<a href=\"https://www.coindesk.com/bitcoin-is-not-a-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","GBTC":"Grayscale Bitcoin Trust","SQ":"Block","NVDA":"英伟达","VYGVF":"Voyager Digital Ltd.","EQOS":"EQONEX","MSTR":"MicroStrategy Incorporated","CAN":"嘉楠科技","MGTI":"MGT Capital Investments, Inc.","BFARF":"Bitfarms Ltd.","ARBKF":"Argo Blockchain Plc"},"source_url":"https://www.coindesk.com/bitcoin-is-not-a-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159334095","content_text":"Seems obvious, right? Well, there’s a common misconception among new crypto market participants that bitcoin is a company stock. While its price activity can correlate with traditional markets on occasion, it is, in fact, an entirely separate asset class.\nBitcoin is a cryptocurrency– a type of digital asset secured by cryptography that can be used to make electronic payments over the internet or act as a store of value like gold or silver.\nThink of cryptocurrencies as the emails of the currency world. They do not exist in physical form, they can be sent in minutes and they do not require multiple intermediaries to handle the payment.\nUnlike fiat currencies like the U.S dollar or euro that store all card and wire transactions on a central ledger maintained by a single authority, bitcoin and other cryptocurrencies use a technology called “blockchain.” This is a globally distributed ledger that can be maintained and copied by anyone on the planet and ensures total immutability and transparency.\nKey differences between bitcoin and stocksStocks\n\nTraded on traditional stock exchanges such as Nasdaq, London Stock Exchange, Deutsche Börse, etc.\nCan only be traded Monday to Friday. Market opening and closing times vary between stock exchanges\nRegulated financial products\nPurchasers receive share certificates to show legal proof of ownership\nCompanies can produce new shares after publicly launching, though there is a finite limit\nBrokerages maintain their own record of stock trades that they execute on behalf of clients. In the United States, this information is not publicly available unless an investor purchases over 5% of a listed company\n\nBitcoin\n\nTraded on centralized and decentralized crypto exchanges\nCrypto markets do not close so bitcoin can be traded at any time on any day\nBitcoin is not a regulated investment vehicle; however, most international jurisdictions recognize it as property\nPurchasers can hold their own bitcoin or delegate safe storage to third-party custodians\nThere will only ever be 21 million bitcoins. No new coins can be created\nThe Bitcoin blockchain publicly records all transactions and can be viewed or downloaded by anyone at any time\n\nCompany stocks that are tied to bitcoin\nDespite the differences between these two investment options, there are a number of publicly traded companies whose stocks are tied to the performance of bitcoin. This is because the companies are either directly engaged in bitcoin-related activities such as mining,hold a substantial amount of bitcoin in reserves or their target market is crypto users.\nThese companies include:\n\nSilvergate Capital\nMicroStrategy\nSquare\nRiot Blockchain\nNvidia\nArgo Blockchain\nMGT Capital Investments\nBitFarms\nDiginex\nHut 8 Mining\nVoyager Digital\nCanaan Creative\n\nThis generally means that when bitcoin’s price is performing well these stocks also tend to perform well, and vice versa. Recently, JPMorgan launched a new financial product called the “Cryptocurrency Exposure Basket” – a debt instrument linked to leading crypto focused companies that allows investors to gain indirect exposure to bitcoin and the altcoin market.\nStocks that trade closest to BTC\nAccording to data from Morningstar, 2020 was a record year for the world’s largest cryptocurrency in terms of its correlated performance to traditional equities.\nCorrelation is the measure of the relationship between two or more items. In this case, it’s used to measure the relationship between the price movements of two markets. There are several methods to calculate correlation, though the Pearson Product-Moment Correlation Coefficient (PPMCC) is the preferred method for measuring similarities between different financial assets. The PPMCC  is measured between 1.0 and -1.0. The closer the value is to -1.0, the less correlated the two assets are; the closer the value is to 1.0, the more correlated are the two assets.\nFor anyone interested to know how PPMCC is calculated, here’s the equation: ρxy = Cov(x,y) / σxσy\nWhere ρxy = Pearson product-moment correlation coefficient\nCov(x,y) = covariance of variables x and y\nσx = standard deviation of x\nσy = standard deviation of y\nThe chart below illustrates a clear rise in correlation between bitcoin and a range of traditional financial markets, including the S&P 500, gold, oil and U.S. bonds.\nThe highest correlation between bitcoin and the stock market is theS&P 500– an index of the largest 500 companies in the United States – with a value of 0.22. This is most likely due to a rise in institutional investmentent ering the crypto market and large players adding bitcoin to diversify their portfolios. When either market rises or falls it presumably creates a knock-on effect that spreads to other markets.\nChart by Morningstar showing bitcoin correlation to stocks and commodities. Source: Morningstar/Nasdaq/VanEck\nThe highest correlation overall is between bitcoin and gold, two popular “safe haven” assets that have historically risen in tandem during times of economic uncertainty. Bitcoin has often been touted as “digital gold” due to its scarce, limited supply. However, its high volatility and wild price swings make it far more risky and unpredictable. That being said, bitcoin has generated substantially higher returns year on year compared to gold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323569100,"gmtCreate":1615356525900,"gmtModify":1704781596927,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/323569100","repostId":"1195513345","repostType":4,"repost":{"id":"1195513345","pubTimestamp":1615356015,"share":"https://ttm.financial/m/news/1195513345?lang=&edition=fundamental","pubTime":"2021-03-10 14:00","market":"us","language":"en","title":"Why Cathie Wood's 3 Stock Favorites Got a Big Boost From the Market Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1195513345","media":"Motley Fool","summary":"The active ETF manager got a big break from Wall Street.\n\nThe stock market soared on Tuesday, making","content":"<blockquote>\n <b>The active ETF manager got a big break from Wall Street.</b>\n</blockquote>\n<p>The stock market soared on Tuesday, making back lost ground from what's been a tough couple of weeks for many investors, especially those focusing on the high-growth stocks in the<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC). The Nasdaq managed to outpace both the<b>S&amp;P 500</b>(SNPINDEX:^GSPC)and the<b>Dow Jones Industrial Average</b>(DJINDICES:^DJI), but all three finished higher, and the Dow set a new intraday record high before falling back from its best levels of the session.</p>\n<p><img src=\"https://static.tigerbbs.com/8c4f90c680b37bfb6ab2d8ce9d154a1b\" tg-width=\"803\" tg-height=\"249\">One of the investors who's gotten hit hardest by the fallingNasdaqis Cathie Wood, the founder and chief investment officer of popular fund company ARK Invest. Wood's stock picks had been red-hot until the recent market correction. Today, though, her three favorite stocks were back in favor and saw huge gains.</p>\n<p><b>Squaring up</b></p>\n<p><b>Square</b>(NYSE:SQ)is Wood's largest holding in her<b>ARK Fintech Innovation ETF</b>(NYSEMKT:ARKF). Square had been down more than 25% from its recent highs just last month, but the stock picked up ground with an 12% rise on Tuesday.</p>\n<p>The case for Square's core electronic payments network is sound and easy to understand. The company has worked hard to bring key financial services to businesses of all sizes. Wood also likes how Square has embraced cryptocurrencies rather than shying away from their potential application as disruptors to traditional payment systems.</p>\n<p>Strategic moves likeSquare's recent purchase of Tidal, however, take a little more explanation. Square CEO Jack Dorsey believes there's growth potential in creating an ecosystem that resonates with the artist community. It's unclear how that'll play out, but it shows the company's willingness to take risks in surprising directions.</p>\n<p><b>Looking healthier</b></p>\n<p>Meanwhile, in the<b>ARK Genomic Revolution ETF</b>(NYSEMKT:ARKG), you'll find<b>Teladoc Health</b>(NYSE:TDOC)as the biggest holding. Teladoc had taken an even bigger hit, falling about 40% from its highs last month. But Tuesday brought relief in the form of a 9% gain to make back some of those losses.</p>\n<p>Investors have been increasingly wary about stocks that benefited from the stay-at-home mandates of the COVID-19 pandemic. Teladoc went from being a convenience to a necessity during the pandemic, and patients got their first look at what remote medicine might actually look like. Some fear that when the coronavirus crisis is under control, people will simply go back to the old way of doing things andhurt Teladoc's growth.</p>\n<p>That's certainly possible, but the counterargument is that having seen how good remote health services can be, patients might choose to keep using them even when they don't absolutely have to. That makes a share price that's well off its highs look much more attractive, offering a margin of safety for the bull case for Teladoc.</p>\n<p><b>Revving its engines</b></p>\n<p>Finally,&nbsp;<b>Tesla</b>(NASDAQ:TSLA)&nbsp;is by far Wood's favorite stock, as it's the top holding in three different ARK Invest funds.<b>ARK Next Generation Internet ETF</b>(NYSEMKT:ARKW),<b>ARK Autonomous Technology &amp; Robotics ETF</b>(NYSEMKT:ARKQ), and the landmark<b>ARK Innovation ETF</b>(NYSEMKT:ARKK)all have Tesla prominently featured, with as much as 10% of fund assets in the electric automaker's stock. Tesla shares had been down roughly 35% at their worst levels, but a nearly 20% rise on Tuesday added a full $110 back to the stock price.</p>\n<p>One source of optimism about Teslacame from Wall Street analysts. Wedbush issued a new price target of $950 per share, which represented a nearly 70% rise from Monday's closing price of $563. Analyst company New Street upgraded the stock to buy from neutral, setting a $900 price target. Both see good things for the automaker in the next few years, including higher deliveries and opportunities in big markets like China.</p>\n<p>Tesla promises to remain volatile for the foreseeable future. Yet Wood sees Tesla at the forefront of key technological advances in autonomous driving and energy storage, and that could keep interest in the automaker's stock high for a long time.</p>\n<p><b>Getting back on track</b></p>\n<p>Obviously, one day doesn't say anything about the long-term direction of any investment, and today's gains didn't claw back all the losses that these three stocks have suffered in recent weeks. Nevertheless, Tuesday's bounce does show that investors still have confidence in the companies that made it into Wood's portfolio, and many fully expect further increases in share prices for Square, Teladoc, and Tesla far into the future.</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>Why Cathie Wood's 3 Stock Favorites Got a Big Boost From the Market Tuesday</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\">\nWhy Cathie Wood's 3 Stock Favorites Got a Big Boost From the Market Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 14:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/09/why-cathie-woods-3-stock-favorites-got-a-big-boost/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The active ETF manager got a big break from Wall Street.\n\nThe stock market soared on Tuesday, making back lost ground from what's been a tough couple of weeks for many investors, especially those ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/09/why-cathie-woods-3-stock-favorites-got-a-big-boost/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","ARKW":"ARK Next Generation Internation ETF","ARKF":"ARK Fintech Innovation ETF","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF","ARKK":"ARK Innovation ETF","TDOC":"Teladoc Health Inc.","ARKQ":"ARK Autonomous Technology & Robotics ETF"},"source_url":"https://www.fool.com/investing/2021/03/09/why-cathie-woods-3-stock-favorites-got-a-big-boost/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195513345","content_text":"The active ETF manager got a big break from Wall Street.\n\nThe stock market soared on Tuesday, making back lost ground from what's been a tough couple of weeks for many investors, especially those focusing on the high-growth stocks in theNasdaq Composite(NASDAQINDEX:^IXIC). The Nasdaq managed to outpace both theS&P 500(SNPINDEX:^GSPC)and theDow Jones Industrial Average(DJINDICES:^DJI), but all three finished higher, and the Dow set a new intraday record high before falling back from its best levels of the session.\nOne of the investors who's gotten hit hardest by the fallingNasdaqis Cathie Wood, the founder and chief investment officer of popular fund company ARK Invest. Wood's stock picks had been red-hot until the recent market correction. Today, though, her three favorite stocks were back in favor and saw huge gains.\nSquaring up\nSquare(NYSE:SQ)is Wood's largest holding in herARK Fintech Innovation ETF(NYSEMKT:ARKF). Square had been down more than 25% from its recent highs just last month, but the stock picked up ground with an 12% rise on Tuesday.\nThe case for Square's core electronic payments network is sound and easy to understand. The company has worked hard to bring key financial services to businesses of all sizes. Wood also likes how Square has embraced cryptocurrencies rather than shying away from their potential application as disruptors to traditional payment systems.\nStrategic moves likeSquare's recent purchase of Tidal, however, take a little more explanation. Square CEO Jack Dorsey believes there's growth potential in creating an ecosystem that resonates with the artist community. It's unclear how that'll play out, but it shows the company's willingness to take risks in surprising directions.\nLooking healthier\nMeanwhile, in theARK Genomic Revolution ETF(NYSEMKT:ARKG), you'll findTeladoc Health(NYSE:TDOC)as the biggest holding. Teladoc had taken an even bigger hit, falling about 40% from its highs last month. But Tuesday brought relief in the form of a 9% gain to make back some of those losses.\nInvestors have been increasingly wary about stocks that benefited from the stay-at-home mandates of the COVID-19 pandemic. Teladoc went from being a convenience to a necessity during the pandemic, and patients got their first look at what remote medicine might actually look like. Some fear that when the coronavirus crisis is under control, people will simply go back to the old way of doing things andhurt Teladoc's growth.\nThat's certainly possible, but the counterargument is that having seen how good remote health services can be, patients might choose to keep using them even when they don't absolutely have to. That makes a share price that's well off its highs look much more attractive, offering a margin of safety for the bull case for Teladoc.\nRevving its engines\nFinally, Tesla(NASDAQ:TSLA) is by far Wood's favorite stock, as it's the top holding in three different ARK Invest funds.ARK Next Generation Internet ETF(NYSEMKT:ARKW),ARK Autonomous Technology & Robotics ETF(NYSEMKT:ARKQ), and the landmarkARK Innovation ETF(NYSEMKT:ARKK)all have Tesla prominently featured, with as much as 10% of fund assets in the electric automaker's stock. Tesla shares had been down roughly 35% at their worst levels, but a nearly 20% rise on Tuesday added a full $110 back to the stock price.\nOne source of optimism about Teslacame from Wall Street analysts. Wedbush issued a new price target of $950 per share, which represented a nearly 70% rise from Monday's closing price of $563. Analyst company New Street upgraded the stock to buy from neutral, setting a $900 price target. Both see good things for the automaker in the next few years, including higher deliveries and opportunities in big markets like China.\nTesla promises to remain volatile for the foreseeable future. Yet Wood sees Tesla at the forefront of key technological advances in autonomous driving and energy storage, and that could keep interest in the automaker's stock high for a long time.\nGetting back on track\nObviously, one day doesn't say anything about the long-term direction of any investment, and today's gains didn't claw back all the losses that these three stocks have suffered in recent weeks. Nevertheless, Tuesday's bounce does show that investors still have confidence in the companies that made it into Wood's portfolio, and many fully expect further increases in share prices for Square, Teladoc, and Tesla far into the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320527059,"gmtCreate":1615160946171,"gmtModify":1704778918558,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/320527059","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://ttm.financial/m/news/1169596583?lang=&edition=fundamental","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5)&nbsp;Palantir plunged more than 13%.","content":"<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Indian conglomerate Tata is reported to be buying a majority stake in Alibaba-backed BigBasket.</p>\n<p>Reliance, backed by India's richest man, Mukesh Ambani, raised over $20 billion last year from global investors including <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Alphabet's Google for its digital arm, which is expected to support JioMart.</p>\n<p>India's broader retail industry is also witnessing a high-stakes legal battle between Reliance and Jeff Bezos-led Amazon on the Future Group's $3.4 billion sale of its retail assets to Reliance, which Future's partner Amazon is contesting.</p>\n<p>Flipkart's recent expansion has taken its grocery services to big cities including Kolkata, Pune and Ahmedabad, it said.</p>\n<p>\"Grocery is the next big frontier for online shopping and is a key focus area for Flipkart to bring new customers online,\" the company added.</p>\n<p>(Reporting by Sachin Ravikumar in Bengaluru; Editing by Aditya Soni)</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>Walmart's Flipkart expands grocery sales to more Indian cities</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\">\nWalmart's Flipkart expands grocery sales to more Indian cities\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-02 15:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BENGALURU, March 2 (Reuters) - Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic.</p>\n<p>Flipkart has already expanded online grocery sales to more than 50 Indian cities and intends to reach over 70 locations in the next six months, the company said in a statement on Tuesday.</p>\n<p>The Bengaluru-based firm said its grocery service had grown \"exponentially\" in the past year when many Indians began buying essential supplies online due to the health crisis.</p>\n<p>\"Grocery continues to be <a href=\"https://laohu8.com/S/AONE\">one</a> of the fastest-growing categories,\" said Manish Kumar, senior vice president at Flipkart, adding that the company had seen increased demand for the service from smaller cities in 2020.</p>\n<p>Reliance Industries-owned JioMart last year became the latest big entrant to India's e-grocery market, a sector that also includes Amazon.com Inc , BigBasket and several smaller players. Indian conglomerate Tata is reported to be buying a majority stake in Alibaba-backed BigBasket.</p>\n<p>Reliance, backed by India's richest man, Mukesh Ambani, raised over $20 billion last year from global investors including <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Alphabet's Google for its digital arm, which is expected to support JioMart.</p>\n<p>India's broader retail industry is also witnessing a high-stakes legal battle between Reliance and Jeff Bezos-led Amazon on the Future Group's $3.4 billion sale of its retail assets to Reliance, which Future's partner Amazon is contesting.</p>\n<p>Flipkart's recent expansion has taken its grocery services to big cities including Kolkata, Pune and Ahmedabad, it said.</p>\n<p>\"Grocery is the next big frontier for online shopping and is a key focus area for Flipkart to bring new customers online,\" the company added.</p>\n<p>(Reporting by Sachin Ravikumar in Bengaluru; Editing by Aditya Soni)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/111463f6b626439959d1ab0193269853","relate_stocks":{"WMT":"沃尔玛","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116564047","content_text":"BENGALURU, March 2 (Reuters) - Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic.\nFlipkart has already expanded online grocery sales to more than 50 Indian cities and intends to reach over 70 locations in the next six months, the company said in a statement on Tuesday.\nThe Bengaluru-based firm said its grocery service had grown \"exponentially\" in the past year when many Indians began buying essential supplies online due to the health crisis.\n\"Grocery continues to be one of the fastest-growing categories,\" said Manish Kumar, senior vice president at Flipkart, adding that the company had seen increased demand for the service from smaller cities in 2020.\nReliance Industries-owned JioMart last year became the latest big entrant to India's e-grocery market, a sector that also includes Amazon.com Inc , BigBasket and several smaller players. Indian conglomerate Tata is reported to be buying a majority stake in Alibaba-backed BigBasket.\nReliance, backed by India's richest man, Mukesh Ambani, raised over $20 billion last year from global investors including Facebook and Alphabet's Google for its digital arm, which is expected to support JioMart.\nIndia's broader retail industry is also witnessing a high-stakes legal battle between Reliance and Jeff Bezos-led Amazon on the Future Group's $3.4 billion sale of its retail assets to Reliance, which Future's partner Amazon is contesting.\nFlipkart's recent expansion has taken its grocery services to big cities including Kolkata, Pune and Ahmedabad, it said.\n\"Grocery is the next big frontier for online shopping and is a key focus area for Flipkart to bring new customers online,\" the company added.\n(Reporting by Sachin Ravikumar in Bengaluru; Editing by Aditya Soni)","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":355296010,"gmtCreate":1617072990530,"gmtModify":1704801589281,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Please Comments thanks alot","listText":"Please Comments thanks alot","text":"Please Comments thanks alot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/355296010","repostId":"1139253256","repostType":4,"repost":{"id":"1139253256","pubTimestamp":1617071125,"share":"https://ttm.financial/m/news/1139253256?lang=&edition=fundamental","pubTime":"2021-03-30 10:25","market":"us","language":"en","title":"Biden’s Offshore Wind Plan Includes New Port Infrastructure, New Ships -White House","url":"https://stock-news.laohu8.com/highlight/detail?id=1139253256","media":"gCaptain","summary":"The Biden Administration on Mondayannounceda goal of developing 30 gigawatts (GW) of offshore wind p","content":"<p>The Biden Administration on Mondayannounceda goal of developing 30 gigawatts (GW) of offshore wind power United States’ federal waters by 2030, which is expected to create thousands of jobs and require millions of dollars of worth of investments in port infrastructure and U.S.-flag vessels.</p><p>National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina Raimondo, and Transportation Secretary Pete Buttigieg met with industry and government stakeholders Monday to announce new leasing, funding, and goals included in the Administration’s plan.</p><p>In his first week in office, President Biden issued an Executive Order to expand opportunities for the offshore wind industry and called for the U.S. to build a new infrastructure and a “clean energy economy” to help create millions of new jobs.</p><p>According to the White House, achieving the 30 GW target is expected to trigger more than $12 billion per year in capital investment in projects on both coasts, creating more than 44,000 offshore wind jobs by 2030. Another nearly 33,000 additional jobs will also be created in communities supported by the activity.</p><p>Meanwhile, the The Interior Department’s Bureau of Ocean Energy Management (BOEM) todayannounceda new priority Wind Energy Area in the New York Bight—an 800,000 acre area of shallow waters between Long Island and the New Jersey coast. The agency will now initiate an environmental review of the area for potential offshore wind leasing.</p><p>“Interior is working with agencies across the federal government to advance the Biden-Harris administration’s goal of increasing renewable energy development on federal lands and waters,” said Principal Deputy Assistant Secretary – Land and Minerals Management Laura Daniel-Davis. “Today’s announcement brings us one step closer to making this a reality. The New York Bight can play a central role in fighting climate change, helping states achieve their renewable energy targets and help create thousands of jobs.”</p><p>Elsewhere, BOEM intends to pursue new lease sales and complete reviews of at least 16 projects by 2025, representing more than 19 GW of new clean energy for the United States.</p><p>According to the White House, investments in the new port upgrades to support offshore wind development are expected to exceed $500 million, and also require the construction of four to six specialized turbine installation vessels at U.S. shipyards, each representing an investment between $250 and $500 million. The plan will also require new U.S. factories, including one to two for each major windfarm component, i.e wind turbine nacelles, blades, towers, foundations, and subsea cables.</p><p>To coincide with today’s announcement, the U.S. Department of Transportation’s (DOT) Maritime Administration has alsoannouncedholding a Notice of Funding Opportunity for port authorities and other applicants to apply for $230 million in grants for port and intermodal infrastructure-related projects through the Port Infrastructure Development Program. The grants will support projects that strengthen and modernize port infrastructure, and can support shore-side wind energy projects, such as storage areas, laydown areas, and docking of wind energy vessels to load and move items to offshore wind farms.</p><p>“Our nation’s ports are a key part of our critical infrastructure. They create jobs and make our economy more resilient and sustainable,” said U.S. Secretary of Transportation Pete Buttigieg. “This funding will build upon local investments in infrastructure to deliver long-term economic benefits to American workers and communities, while also addressing climate and equity.”</p><p>Looking ahead to 2050, the White House announced it was further aiming to achieve 110 GW of offshore wind power, in turn generating 77,000 offshore wind jobs and more than 57,000 additional jobs in communities supported by offshore wind activity.</p>","source":"lsy1617071056642","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>Biden’s Offshore Wind Plan Includes New Port Infrastructure, New Ships -White House</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\">\nBiden’s Offshore Wind Plan Includes New Port Infrastructure, New Ships -White House\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-30 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://gcaptain.com/biden-administration-announces-major-offshore-wind-push-targeting-30gw-by-2030/><strong>gCaptain</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Biden Administration on Mondayannounceda goal of developing 30 gigawatts (GW) of offshore wind power United States’ federal waters by 2030, which is expected to create thousands of jobs and ...</p>\n\n<a href=\"https://gcaptain.com/biden-administration-announces-major-offshore-wind-push-targeting-30gw-by-2030/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a4469a8ed84e5e01abb8c0669f001280","relate_stocks":{},"source_url":"https://gcaptain.com/biden-administration-announces-major-offshore-wind-push-targeting-30gw-by-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139253256","content_text":"The Biden Administration on Mondayannounceda goal of developing 30 gigawatts (GW) of offshore wind power United States’ federal waters by 2030, which is expected to create thousands of jobs and require millions of dollars of worth of investments in port infrastructure and U.S.-flag vessels.National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina Raimondo, and Transportation Secretary Pete Buttigieg met with industry and government stakeholders Monday to announce new leasing, funding, and goals included in the Administration’s plan.In his first week in office, President Biden issued an Executive Order to expand opportunities for the offshore wind industry and called for the U.S. to build a new infrastructure and a “clean energy economy” to help create millions of new jobs.According to the White House, achieving the 30 GW target is expected to trigger more than $12 billion per year in capital investment in projects on both coasts, creating more than 44,000 offshore wind jobs by 2030. Another nearly 33,000 additional jobs will also be created in communities supported by the activity.Meanwhile, the The Interior Department’s Bureau of Ocean Energy Management (BOEM) todayannounceda new priority Wind Energy Area in the New York Bight—an 800,000 acre area of shallow waters between Long Island and the New Jersey coast. The agency will now initiate an environmental review of the area for potential offshore wind leasing.“Interior is working with agencies across the federal government to advance the Biden-Harris administration’s goal of increasing renewable energy development on federal lands and waters,” said Principal Deputy Assistant Secretary – Land and Minerals Management Laura Daniel-Davis. “Today’s announcement brings us one step closer to making this a reality. The New York Bight can play a central role in fighting climate change, helping states achieve their renewable energy targets and help create thousands of jobs.”Elsewhere, BOEM intends to pursue new lease sales and complete reviews of at least 16 projects by 2025, representing more than 19 GW of new clean energy for the United States.According to the White House, investments in the new port upgrades to support offshore wind development are expected to exceed $500 million, and also require the construction of four to six specialized turbine installation vessels at U.S. shipyards, each representing an investment between $250 and $500 million. The plan will also require new U.S. factories, including one to two for each major windfarm component, i.e wind turbine nacelles, blades, towers, foundations, and subsea cables.To coincide with today’s announcement, the U.S. Department of Transportation’s (DOT) Maritime Administration has alsoannouncedholding a Notice of Funding Opportunity for port authorities and other applicants to apply for $230 million in grants for port and intermodal infrastructure-related projects through the Port Infrastructure Development Program. The grants will support projects that strengthen and modernize port infrastructure, and can support shore-side wind energy projects, such as storage areas, laydown areas, and docking of wind energy vessels to load and move items to offshore wind farms.“Our nation’s ports are a key part of our critical infrastructure. They create jobs and make our economy more resilient and sustainable,” said U.S. Secretary of Transportation Pete Buttigieg. “This funding will build upon local investments in infrastructure to deliver long-term economic benefits to American workers and communities, while also addressing climate and equity.”Looking ahead to 2050, the White House announced it was further aiming to achieve 110 GW of offshore wind power, in turn generating 77,000 offshore wind jobs and more than 57,000 additional jobs in communities supported by offshore wind activity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572249185724220","authorId":"3572249185724220","name":"xoxoll","avatar":"https://static.tigerbbs.com/8ed65c2962af2a6fbd414f4d6fe9e378","crmLevel":2,"crmLevelSwitch":0,"idStr":"3572249185724220","authorIdStr":"3572249185724220"},"content":"Help me to CommEnt","text":"Help me to CommEnt","html":"Help me to CommEnt"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344690772,"gmtCreate":1618403675496,"gmtModify":1704710254188,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like and comments please!!","listText":"Like and comments please!!","text":"Like and comments please!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/344690772","repostId":"1167332274","repostType":4,"repost":{"id":"1167332274","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618401278,"share":"https://ttm.financial/m/news/1167332274?lang=&edition=fundamental","pubTime":"2021-04-14 19:54","market":"us","language":"en","title":"Wells Fargo EPS beats by $0.33, beats on revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1167332274","media":"Tiger Newspress","summary":"(April 14) Wells Fargoreported earnings and revenue that beat expectations for its first-quarter on ","content":"<p>(April 14)&nbsp;Wells Fargoreported earnings and revenue that beat expectations for its first-quarter on Wednesday.</p><p>Here’s how the results stacked up to expectations:</p><ul><li>Wells Fargo Q1 revenue $18.063 bln vs. $17.717 bln a year ago; FactSet consensus $17.518 bln.</li><li>Wells Fargo Q1&nbsp;net&nbsp;income&nbsp;$4.742&nbsp;bln&nbsp;vs.&nbsp;$0.653&nbsp;bln&nbsp;a year ago.</li><li>Wells Fargo Q1 EPS $1.05 vs. 1 cent a year ago; FactSet consensus 71 cents.</li><li>Wells Fargo Q1 reduces allowance for loan losses by $1.6 bln.</li><li>Wells Fargo Q1 net interest income down 22% to $8.798 bln.</li><li>Wells Fargo Q1 noninterest income up 45% to $9.625 bln.</li><li>Wells Fargo Q1 home lending up 19%.</li><li>Wells Fargo Q1 markets revenue up 19%.</li></ul><p>Wells Fargo results were helped by a net benefit of $1.05 billion from reserve releases.</p><p>CEO Charlie Scharf, who took over in late 2019, is running a company that is still recovering from the aftermath of its 2016 fake accounts scandal. Analysts will be keen to hear about any progress the bank is making in appeasing regulators, especially regarding a Federal Reserve order that caps the bank’s asset growth.</p><p>Of the six biggest U.S. banks, Wells Fargo has the smallest Wall Street trading and investment banking operations, areas that have been on fire in recent months thanks to a red-hot IPO market and unprecedented Fed support.</p><p>Last year, Wells Fargo was the only bank among the six biggest U.S. lenders to be forced to cut its dividend after the annual Federal Reserve stress test. The firm also posted its firstquarterly losssince the financial crisis and announced it was cutting billions of dollars in expenses.</p><p>Wells Fargo shares have climbed 33% this year, exceeding the 25% gain of the KBW Bank Index.</p><p>Wells Fargo&nbsp;Shares&nbsp;dipped&nbsp;0.48%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><img src=\"https://static.tigerbbs.com/97c1cb6aa320c8de07841c74b5a5c0b5\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"><b>Company-wide Financial Summary</b></p><p><img src=\"https://static.tigerbbs.com/a4ee89368a92d2c9be9ee22fd5ff1558\" tg-width=\"919\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><b>Operating Segments and Other Highlights:</b></p><p><b>Consumer Banking and Lending</b></p><ul><li>Average loans of $353.1 billion, down 8%</li><li>Average deposits of $789.4 billion, up 21%</li></ul><p><b>Commercial Banking</b></p><ul><li>Average loans of $183.1 billion, down 19%</li><li>Average deposits of $208.0 billion, up 8%</li></ul><p><b>Corporate and Investment Banking</b></p><ul><li>Average loans of $246.1 billion, down 5%</li><li>Average trading-related assets of $197.4 billion, down 14%</li><li>Average deposits of $194.5 billion, down 27%</li></ul><p><b>Wealth and Investment Management</b></p><ul><li>Total client assets of $2.1 trillion, up 28%</li><li>Average loans of $80.8 billion, up 4%</li><li>Average deposits of $173.7 billion, up 19%</li></ul><p><b>Capital</b></p><ul><li>Repurchased 17.2 million shares, or $596 million, of common stock in first quarter 2021</li></ul><p><a href=\"https://www.sec.gov/Archives/edgar/data/0000072971/000007297121000206/wfc1qer04-14x21ex991xrelea.htm\" target=\"_blank\"><b>Press Release&nbsp;&lt;&lt;&lt;</b></a></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>Wells Fargo EPS beats by $0.33, beats on revenue</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\">\nWells Fargo EPS beats by $0.33, beats on revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-14 19:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 14)&nbsp;Wells Fargoreported earnings and revenue that beat expectations for its first-quarter on Wednesday.</p><p>Here’s how the results stacked up to expectations:</p><ul><li>Wells Fargo Q1 revenue $18.063 bln vs. $17.717 bln a year ago; FactSet consensus $17.518 bln.</li><li>Wells Fargo Q1&nbsp;net&nbsp;income&nbsp;$4.742&nbsp;bln&nbsp;vs.&nbsp;$0.653&nbsp;bln&nbsp;a year ago.</li><li>Wells Fargo Q1 EPS $1.05 vs. 1 cent a year ago; FactSet consensus 71 cents.</li><li>Wells Fargo Q1 reduces allowance for loan losses by $1.6 bln.</li><li>Wells Fargo Q1 net interest income down 22% to $8.798 bln.</li><li>Wells Fargo Q1 noninterest income up 45% to $9.625 bln.</li><li>Wells Fargo Q1 home lending up 19%.</li><li>Wells Fargo Q1 markets revenue up 19%.</li></ul><p>Wells Fargo results were helped by a net benefit of $1.05 billion from reserve releases.</p><p>CEO Charlie Scharf, who took over in late 2019, is running a company that is still recovering from the aftermath of its 2016 fake accounts scandal. Analysts will be keen to hear about any progress the bank is making in appeasing regulators, especially regarding a Federal Reserve order that caps the bank’s asset growth.</p><p>Of the six biggest U.S. banks, Wells Fargo has the smallest Wall Street trading and investment banking operations, areas that have been on fire in recent months thanks to a red-hot IPO market and unprecedented Fed support.</p><p>Last year, Wells Fargo was the only bank among the six biggest U.S. lenders to be forced to cut its dividend after the annual Federal Reserve stress test. The firm also posted its firstquarterly losssince the financial crisis and announced it was cutting billions of dollars in expenses.</p><p>Wells Fargo shares have climbed 33% this year, exceeding the 25% gain of the KBW Bank Index.</p><p>Wells Fargo&nbsp;Shares&nbsp;dipped&nbsp;0.48%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><img src=\"https://static.tigerbbs.com/97c1cb6aa320c8de07841c74b5a5c0b5\" tg-width=\"659\" tg-height=\"564\" referrerpolicy=\"no-referrer\"><b>Company-wide Financial Summary</b></p><p><img src=\"https://static.tigerbbs.com/a4ee89368a92d2c9be9ee22fd5ff1558\" tg-width=\"919\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><b>Operating Segments and Other Highlights:</b></p><p><b>Consumer Banking and Lending</b></p><ul><li>Average loans of $353.1 billion, down 8%</li><li>Average deposits of $789.4 billion, up 21%</li></ul><p><b>Commercial Banking</b></p><ul><li>Average loans of $183.1 billion, down 19%</li><li>Average deposits of $208.0 billion, up 8%</li></ul><p><b>Corporate and Investment Banking</b></p><ul><li>Average loans of $246.1 billion, down 5%</li><li>Average trading-related assets of $197.4 billion, down 14%</li><li>Average deposits of $194.5 billion, down 27%</li></ul><p><b>Wealth and Investment Management</b></p><ul><li>Total client assets of $2.1 trillion, up 28%</li><li>Average loans of $80.8 billion, up 4%</li><li>Average deposits of $173.7 billion, up 19%</li></ul><p><b>Capital</b></p><ul><li>Repurchased 17.2 million shares, or $596 million, of common stock in first quarter 2021</li></ul><p><a href=\"https://www.sec.gov/Archives/edgar/data/0000072971/000007297121000206/wfc1qer04-14x21ex991xrelea.htm\" target=\"_blank\"><b>Press Release&nbsp;&lt;&lt;&lt;</b></a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167332274","content_text":"(April 14) Wells Fargoreported earnings and revenue that beat expectations for its first-quarter on Wednesday.Here’s how the results stacked up to expectations:Wells Fargo Q1 revenue $18.063 bln vs. $17.717 bln a year ago; FactSet consensus $17.518 bln.Wells Fargo Q1 net income $4.742 bln vs. $0.653 bln a year ago.Wells Fargo Q1 EPS $1.05 vs. 1 cent a year ago; FactSet consensus 71 cents.Wells Fargo Q1 reduces allowance for loan losses by $1.6 bln.Wells Fargo Q1 net interest income down 22% to $8.798 bln.Wells Fargo Q1 noninterest income up 45% to $9.625 bln.Wells Fargo Q1 home lending up 19%.Wells Fargo Q1 markets revenue up 19%.Wells Fargo results were helped by a net benefit of $1.05 billion from reserve releases.CEO Charlie Scharf, who took over in late 2019, is running a company that is still recovering from the aftermath of its 2016 fake accounts scandal. Analysts will be keen to hear about any progress the bank is making in appeasing regulators, especially regarding a Federal Reserve order that caps the bank’s asset growth.Of the six biggest U.S. banks, Wells Fargo has the smallest Wall Street trading and investment banking operations, areas that have been on fire in recent months thanks to a red-hot IPO market and unprecedented Fed support.Last year, Wells Fargo was the only bank among the six biggest U.S. lenders to be forced to cut its dividend after the annual Federal Reserve stress test. The firm also posted its firstquarterly losssince the financial crisis and announced it was cutting billions of dollars in expenses.Wells Fargo shares have climbed 33% this year, exceeding the 25% gain of the KBW Bank Index.Wells Fargo Shares dipped 0.48% in premarket trading.Company-wide Financial SummaryOperating Segments and Other Highlights:Consumer Banking and LendingAverage loans of $353.1 billion, down 8%Average deposits of $789.4 billion, up 21%Commercial BankingAverage loans of $183.1 billion, down 19%Average deposits of $208.0 billion, up 8%Corporate and Investment BankingAverage loans of $246.1 billion, down 5%Average trading-related assets of $197.4 billion, down 14%Average deposits of $194.5 billion, down 27%Wealth and Investment ManagementTotal client assets of $2.1 trillion, up 28%Average loans of $80.8 billion, up 4%Average deposits of $173.7 billion, up 19%CapitalRepurchased 17.2 million shares, or $596 million, of common stock in first quarter 2021Press Release <<<","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581495146931772","authorId":"3581495146931772","name":"Ben01","avatar":"https://static.tigerbbs.com/b158a0cc5a97dd1cf647bb3d21cf2c9f","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581495146931772","authorIdStr":"3581495146931772"},"content":"Respond back, Thanks","text":"Respond back, Thanks","html":"Respond back, Thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356987647,"gmtCreate":1616748979389,"gmtModify":1704798296720,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like and comments thank you","listText":"Like and comments thank you","text":"Like and comments thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/356987647","repostId":"1114892411","repostType":4,"repost":{"id":"1114892411","pubTimestamp":1616746246,"share":"https://ttm.financial/m/news/1114892411?lang=&edition=fundamental","pubTime":"2021-03-26 16:10","market":"us","language":"en","title":"Sell Alert: 10 Insanely Overvalued Dividend Aristocrats","url":"https://stock-news.laohu8.com/highlight/detail?id=1114892411","media":"seekingalpha","summary":"Summary\n\nIn a world full of uncertainty, dividend aristocrats feel safe and trustworthy.\nBut even th","content":"<p><b>Summary</b></p>\n<ul>\n <li>In a world full of uncertainty, dividend aristocrats feel safe and trustworthy.</li>\n <li>But even they are subject to wild variations in price.</li>\n <li>These have resulted in gains for investors, but now, these 10 stocks are extremely overvalued.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4b87148fa1b7ab2566781e5b23d6958f\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Paul Morigi/Getty Images Entertainment via Getty Images</span></p>\n<p><i>Written by Sam Kovacs</i></p>\n<p><b>Introduction: Does Warren Buffett Ever Sell?</b></p>\n<blockquote>\n <i>The stock market is not there to instruct me, it's there to serve me</i>- Warren Buffett\n</blockquote>\n<p>Most investors believe that Warren Buffett is a buy and hold investor who doesn't ever sell his shares.</p>\n<p>This image has been cultivated thanks to one of his famous quotes when he replied to a question at the 1998 Berkshire Hathaway (BRK.B) annual meeting of shareholders when&nbsp;he said:</p>\n<blockquote>\n <i>Well, the best thing to do is buy a stock that you don't ever want to sell.</i>\n</blockquote>\n<p>However, a closer look reveals that this doesn't mean that he doesn't ever sell.</p>\n<p>If we refer to GuruFocus to look at Berkshire's transactions in the 4th quarter of 2020, one would notice that Berkshire actually sold more than they bought.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2fcd57329fd4fce04f4f2b167002a8b\" tg-width=\"640\" tg-height=\"242\"><span>Source: GuruFocus</span></p>\n<p>He did add to his Verizon (VZ), Merck (MRK), AbbVie (ABBV), T-Mobile (TMUS), Chevron (CVX), Kroger (KR), Bristol-Myers (BMY), Marsh &amp; McLennan (MMC) and RH (RH) positions.</p>\n<p>But then he reduced or flat outsold his Apple (AAPL), Wells Fargo (WFC), Barrick Gold (GOLD), M&amp;T Bank (MTB), General Motors (GM), PNC Financial (PNC), Pfizer (PFE), JPMorgan (JPM), Suncor (SU), US Bancorp (USB), and Liberty Latin America (LILAK) positions.</p>\n<p>Just counting on my fingers, I can tell that he has sold more than he has bought in that last quarter.</p>\n<p>The idea that he never reduces or sells his positions is just flat out wrong.</p>\n<p><b>When it's a good idea to sell</b></p>\n<p>Do you think that Warren Buffett believes that AAPL has become a bad company? No, of course not. However, it is possible that he believes it has become overvalued.</p>\n<p>It should be noted that we disagree with a few of his buys, as well as a few of a couple of his sells.</p>\n<p>That being said, the idea is simple:<i>If you buy when stocks are low, you might also want to sell when they're high.</i></p>\n<p>If you don't, you're not only having half the fun, you're leaving a lot of money on the table. (Yes even after taxes are taken into account).</p>\n<p>For a more detailed look into the mechanics of how this pertains to dividend investors, I would like to point you&nbsp;to our recent article&nbsp;in which I pointed out 5 overvalued dividend blue chips which were now deep in sell territory.</p>\n<p>The 5 companies were Target (TGT), Caterpillar (CAT), Procter &amp; Gamble (PG), McDonald's (MCD), and Automatic Data Processing (ADP).</p>\n<p>All 5 are Dividend Aristocrats, a rare breed of stocks which are 1. part of the S&amp;P 500 (SPY) and 2. have increased their dividends consecutively for the past 25 years.</p>\n<p>In so far as \"All Weather\" dividend streams go, Dividend Aristocrats are the cream of the crop.</p>\n<p>They provide comfort, after all, you own a piece of American greatness. Yet sometimes even these stocks can become extremely overvalued.</p>\n<p>When this happens, reducing your position makes sense. If the conditions persist, scaling out entirely of the position can also be a good idea.</p>\n<p><b>A note on valuation</b></p>\n<p>As a quick reminder, we are dividend investors and use an approach to valuation which is unique to&nbsp;The Dividend Freedom Tribe.</p>\n<p>In a nutshell:</p>\n<blockquote>\n To determine whether a stock is overvalued, we use our MAD Charts, which look at historical ranges of dividend yields for a given stock, and we tie it in to future growth expectations. The idea being that a low yield is fine if it is linked to very high dividend growth expectations. We project income into the future to quantify this.\n</blockquote>\n<p>This means that we will look at whether a stock is expensive relative to what investors have historically valued the stock at.</p>\n<p>We will then look at prospective growth rates and determine if the potential stream of income is attractive to a dividend investor.</p>\n<p>It is sometimes the case that a company could be a fantastic dividend stock, but because its price outpaces its dividend growth by such a huge margin, it can no longer be construed as an attractive dividend stock and is best replaced by a more attractive one.</p>\n<p>An investor following a different strategy might come to a totally different conclusion. Isn't that the beauty of it? A recent article titled \"<i>Value Vs. Growth: A Trip Down Memory Lane (And 3 Value Stocks You Need To Buy Now)</i>\" explores this idea.</p>\n<p>The current market is broadly expensive, but remember there is always something cheap. Even among high quality dividend stocks. Our \"Buy List\" currently counts 36 high quality names.</p>\n<p>You want to buy the high quality dividend names when they're cheap, and sell them when they're high.</p>\n<p>Rinse and repeat.</p>\n<p>And right now there are a lot of stocks, even high quality ones, that are worth selling.</p>\n<p>Here are 10 more dividend aristocrats which are insanely expensive from a dividend investor's point of view.</p>\n<p><b>10 Overvalued Dividend Aristocrats</b></p>\n<p><b>Walmart (WMT)</b></p>\n<p>Let's start this one off with one of America's widows and orphans favorites: Walmart.</p>\n<p>The company needs no introduction. It operates a very tight ship, paying out only 22% of free cash flow despite having increased the dividend for multiple decades.</p>\n<p>Despite being as mature as they get, the company has continued to increase its revenues throughout the past few years.</p>\n<p>It's as \"All Weather\" as it gets. Don't count on WMT cutting its dividend in the next 20 years. It's not going to happen.</p>\n<p>So what's the catch?</p>\n<p>The catch is the menial growth rate, which is beyond comprehension, tied to an extremely low yield.</p>\n<p>While free cash flow per share grew a total 32% in the past 5 years, the dividend is up only about 8%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d123739bb260b126017b11f75cb55fbb\" tg-width=\"640\" tg-height=\"276\"><span>Source: Dividend Freedom Tribe (Click here to learn more about MAD Charts)</span></p>\n<p>This equates to a 1.9% dividend CAGR during the past 5 years. Dividends could have increased a lot more given the low payout ratios, but management has chosen not to do so.</p>\n<p>This was not the case 10 years ago, as you can see, the dividend increased rapidly between 2011 and 2013, but since then management has taken a significantly different approach.</p>\n<p>Over 10 years, the dividend CAGR has been 4%.</p>\n<p>As a consequence, following the run up in price in the past few years, WMT has become overvalued.</p>\n<p>Its 1.64% yield is below the 10-year median yield of 2.44% and way out of the historically \"fair range\" of 2.14% to 2.69%. I call it the historically fair range because even if Walmart were to prop its dividend growth back up to 4% per annum (which would be double what it did in the past 7 years) income would not be satisfactory.</p>\n<p>Our common quick test is referred to as the \"10% in 10 years\" test. In a nutshell, an income stream can be viewed as very attractive if in 10 years, you can get 10% on your initial investment including the reinvestment of dividends.</p>\n<p>So if you invest $10,000 and you can expect to get $1,000 in 10 years, then it is a great income opportunity. At 8% it would be a good opportunity.</p>\n<p>Below, it's not a bad income opportunity, and you shouldn't consider the stock as paying an attractive dividend stream.</p>\n<p>Of course, this is sensitive to our estimate of dividend growth over the next 10 years, which is why to drive our point home, we will always overestimate dividend growth in this article.</p>\n<p><b>If a stock's income stream is unattractive in a best-case scenario, what does it say of it?</b>I'll let you answer that one.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a941da584a7d35c173dab778d3859f85\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>If you invest $10,000 in WMT today, and that you reinvest the dividends once per year at the current yield, and the dividend grows 4% per annum, then in 10 years you'd expect... a menial $277 per year of which $37 (the blue bar in the chart above) would come from having reinvested dividends.</p>\n<p>That's only 2.77% of your original investment. Let me say this: this is very, very, unattractive.</p>\n<p>Here, we have an example of where both management and the stock market are culprits: management has not committed to significantly increase the dividend, and the stock market has pushed the price up way too high. Sell.</p>\n<p><b>Lowe's (LOW)</b></p>\n<p>Next is another dividend investor favorite.</p>\n<p>LOW currently yields 1.33%, which is below its 10-year median 1.73% yield, out of its historical 'fair range\" of 1.53% to 1.96%.</p>\n<p>During the past 10 years, its dividend yield has never been less than 1.22% and never more than 3.38%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f19489a00e955e23abb6ddac042168b5\" tg-width=\"640\" tg-height=\"263\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>While LOW only increased its dividend by 9% this year, it has averaged 16.5% per year in the past 5 years, while maintaining a free cash flow payout ratio of just 20%.</p>\n<p>LOW is a phenomenally managed company, with a great business model. The price has just gone way too crazy.</p>\n<p>If you invested $10,000 in LOW at current prices, reinvested dividends at the current yield and saw the dividend grow at 16% per annum for the next 10 years, then you'd be looking at $652 in income 10 years from now, of which $70 would come from dividend reinvestments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2784d92d8bc192d6f2acdfb0c61b18f9\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Note that this is a lot more than Walmart, but it still doesn't pass our test as a \"good\" income stream.</p>\n<p>LOW yields less than WMT, but just observe how the difference in expected growth rates changes the course of income over 10 years!</p>\n<p>However, growth can't always make up for low yields. Case in point here, even 16% dividend growth (a 340% increase in 10 years) still wouldn't pass our test.</p>\n<p>Compare this to Home Depot (HD). We can't discuss LOW without HD. HD's yield is 2.3%, a whole extra point. It also pays out twice as much, although still a healthy 44% free cash flow payout ratio.</p>\n<p>However, if HD increases its dividend by 10% per annum (a 159% increase over 10 years), an investment in HD would return more dividends despite having to increase its dividend by only half.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0323235349011a2555910e028da9e053\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Note that HD would only provide 7.12% in 10 years under such a scenario.</p>\n<p>When the price was at $255, the simulation passed the 8% mark, and triggered us to get&nbsp;back in the stock. That was within 2% of the low, which is not too bad.</p>\n<p><b>Clorox (CLX)</b></p>\n<p>Clorox is a stock, which I exited although my timing wasn't great as I missed the peak.</p>\n<p>It has come back down though and is only 2% above the price when I last published an article on CLX, back in April 2020.</p>\n<p>At that point, I suggested&nbsp;it wasn't the time to sell,but that \"I<i>f you're not invested in CLX, you're late to the game, and would be better served investing elsewhere.</i>\"</p>\n<p>The reasons which warranted holding CLX in April 2020 are no longer present (defensive, trending momentum, more gains to squeeze out).</p>\n<p>Clorox is coming down and has further to drop.</p>\n<p>It currently yields 2.3%, below its 10-year median of 2.77%, and out of its historically fair range of 2.45% to 3.2%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20071200f2f3999c86269d6f149e4b9f\" tg-width=\"640\" tg-height=\"278\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Last year the company increased its dividend by 4.7%, but it has averaged 7.5% over the past 5 years.</p>\n<p>Given the very reasonable payout ratios of 44%, I believe long term dividend growth of 7% is attainable for Clorox.</p>\n<p>However, this won't quite cut it from an income perspective. A $10,000 investment with 7% growth, and reinvestments at the current yield, would generate $546 in income in 10 years, of which $101 would come from dividend reinvestments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/23da26e432e2b7e8b6bdb13f5e29a69e\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>This is not quite satisfactory, and given that Clorox's momentum is among the worst 6% of stocks in the market according to our&nbsp;Momentum Score., then I'd strongly suggesting avoiding CLX, and moving out of the position if not yet done.</p>\n<p><b>S&amp;P Global (SPGI)</b></p>\n<p>S&amp;P Global is a great company. It is beautifully managed, it has a long history of growth, and a lot of track ahead of it to continue increasing its dividend aggressively.</p>\n<p>You can't really fault management, the dividend has been growing at 16% per annum for the past 5 years, while maintaining the free cash flow payout ratio below 20%.</p>\n<p>It is once again a case of the market collectively getting too high<i>(pun intended)</i>on how good a company it is.</p>\n<p>The current yield of 0.89% is extremely low.</p>\n<p>This wasn't always the case. Back in 2011, and in early 2013, one could buy SPGI with a 2.8% yield, which would have been a great investment.</p>\n<p>It is only fair to point out that had we done so, we would have also exited early, likely sometime in late 2017 or 2018, and would have been very comfortable foregoing future returns to shift to value, increase our income stream, and sleep well at night.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d8c3911a974e2dd7a84bc20a48fb1bd\" tg-width=\"640\" tg-height=\"258\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>The relationship between yield and growth rates gets extreme as yields get very low.</p>\n<p>With the same $10,000 simulation, assuming 16% dividend growth with reinvestments of dividends, in 10 years you could only expect $408 in dividends, half the amount to be considered a good income opportunity.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7064780cec867a4538c3d054855e9833\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>For SPGI to be considered a good income opportunity at the current valuation, one would have to believe that they would be able to increase the dividend by 25% per annum. Over 10 years that equates to an 831% increase, which somehow seems like a pipe dream.</p>\n<p>Sell.</p>\n<p><b>Emerson Electric (EMR)</b></p>\n<p>Industrials have been having one hell of a run. We've enjoyed this in our own industrial picks. One of our favorite is Snap-on (SNA) which we've been quite vocal about in the past year.</p>\n<p>Emerson Electric has also had one hell of a run but now trades at a valuation that is unheard of in the past decade.</p>\n<p>The stock yields 2.3%, below its 10-year median yield of 3%, outside of its historically fair range of 2.7% to 3.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d944b59394a16ed80fc94a589fa7324c\" tg-width=\"640\" tg-height=\"267\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>But this is combined to the fact that since 2014, dividend growth hasn't even kept up with inflation. If you've been checking inflation numbers in the past 7 years, you know that that is not a lot.</p>\n<p>In the past 5 years, the dividend has grown at a 1% CAGR, while management could have easily achieved more. The free cash flow payout ratio was 52% 5 years ago. Today it's 40%.</p>\n<p>Only one way to read into this, management is choosing to not increase the dividend in line with the growth in the business.</p>\n<p>This is a negative signal for us, as it signals that management is viewing the dividend policy as a chore, and not as a way to actively reward shareholders for bearing the risk of the business they run.</p>\n<p>For this one, let's run the simulation assuming management continue down this road, increasing the dividend by 1% per year.</p>\n<p>If you invest $10,000, reinvest the dividends at the current yield, then in 10 years, you can expect a crazy $311 in dividends.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c89954861e46ae1c097a0d470bd33262\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Alternatively you could buy Broadcom (AVGO) and get that amount today, or if you want to stay in Industrials, SNA, and get that amount in a year or two.</p>\n<p>The valuation doesn't meet management's commitment to shareholders. Sell.</p>\n<p><b>Stanley Black &amp; Decker (SWK)</b></p>\n<p>The party in industrials has gotten out of hand in many places. Stanley Black &amp; Decker is another example of this in action. The power and hand tools company now once again trades at a valuation which it last traded at in January 2018.</p>\n<p>If you want to see how that played out. Just look at how much pain buying the stock then, or choosing to hold on to it would have been.</p>\n<p>Alternatively you could buy Broadcom (AVGO) and get that amount today, or if you want to stay in Industrials, SNA, and get that amount in a year or two.</p>\n<p>The valuation doesn't meet management's commitment to shareholders. Sell.</p>\n<p><b>Stanley Black &amp; Decker (SWK)</b></p>\n<p>The party in industrials has gotten out of hand in many places. Stanley Black &amp; Decker is another example of this in action. The power and hand tools company now once again trades at a valuation which it last traded at in January 2018.</p>\n<p>If you want to see how that played out. Just look at how much pain buying the stock then, or choosing to hold on to it would have been.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/74820b5e557fed125ab45b00abf68a9a\" tg-width=\"640\" tg-height=\"284\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>It would have taken you nearly 3 years for your position to be worth what it was then, and in exchange for your loyalty, you would have been compensated with dividend increases which have averaged about 3.5%.</p>\n<p>Not great.</p>\n<p>The current yield of 1.45% is dangerously close to the 10-year minimum yield of 1.42%. It is way below the median yield of 2.08%, and out of the historically \"fair range\" of 1.8% to 2.36%.</p>\n<p>Even if the dividend were to grow in the next 10 years at 7.5% per annum (the rate which it has in the past 10 years) then it would still be a very lackluster investment from an income perspective.</p>\n<p>Investing $10,000 at the current valuation, and reinvesting dividends in such a scenario would yield $333 in 10 years. Only 3.33% of your original investment.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7c5ca2d0da16c57859ab6625dcb53d3\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Save yourself the hardship, and start moving out of your SWK position.</p>\n<p><b>Cintas (CTAS)</b></p>\n<p>This trend exists in many Industrial stocks. Cintas is yet another example in the Dividend Aristocrat space.</p>\n<p>It has been increasing at an incredible rate during the past decade, a period during which the dividend has grown at 20% per year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47ba13e219490befa43575545dfa7f3a\" tg-width=\"640\" tg-height=\"261\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>But as you can see with the price moving from the blue band to the red band over the years, the market has continually reviewed its valuation of Cintas upwards.</p>\n<p>For that reason it might not be worth looking towards historical ranges to derive value. Every year you would have said \"boy that looks expensive\".</p>\n<p>Here a better alternative is to look purely towards the future.</p>\n<p>Even if Cintas can keep up its historical growth rate of 20% per annum over the next ten years (<i>it only managed 10% this past year)</i>Cintas wouldn't quite reach our threshold of 8% on the initial investment, as the chart below shows.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a94c7d8d6e6f5a5f6d8c29c9853e0e30\" tg-width=\"623\" tg-height=\"200\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Note that a 20% dividend growth rate is extremely powerful. It can increase income 6x on an extremely low yielding security. However, it is a momentous challenge as it implies multiplying the dividend by nearly 6x.</p>\n<p>If they did somehow pull it off, while growing free cash flow at 8% per annum (the rate of revenue growth in the past 10 years) then the dividend would move from 30% of free cash flow to 85% of free cash flow.</p>\n<p>And yet from our income stream analysis, it would still come up short.</p>\n<p>Sometimes things are just too much of a stretch.</p>\n<p><b>Nucor (NUE)</b></p>\n<p>Overvalued names seem to pop up in nearly every sector this year.</p>\n<p>If we move to Materials, we find Nucor which is yet again an example of a dividend aristocrat which has been increasing its dividend at such a low rate for so long. Its 2.4% yield cannot be counted on to give any significant boost to your income.</p>\n<p>During the past 10 years, the dividend has grown at a 1.3% CAGR. Over the past 5 years, this has gone down to 1.2%, with last year's increase an anemic 0.6% increase.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98a2ba9f8009f8ac4d1c083392399479\" tg-width=\"640\" tg-height=\"264\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Management could probably have squeezed out more as free cash flow payout ratios have mostly been stable at around 50% for the past 5 years</p>\n<p>But that highlights a problem. FCF per share has grown at the same rate as the dividend, this means about 1%.</p>\n<p>Now I have no problem with low growth businesses if they provide a safe high yield. But Nucor offers none of that. In fact, if we continue to project into the future at a growth rate of 1.3%, one could expect 3.34% on his original investment in 10 years, assuming reinvestments at the current yield.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/184b904b8ce9a90a60e78e0ed80a77c7\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>It's been a good run, but it is time to sell.</p>\n<p><b>Cincinnati Financial (CINF)</b></p>\n<p>Insurance companies were hit bad in 2020. It is a whole theme we have with our Dividend Freedom Tribe members, where we encourage them to buy undervalued insurance companies for a recovery scenario. One such stock is Prudential (PRU). Another is Aflac (AFL) which is also a Dividend Aristocrat.</p>\n<p>But CINF, while being a very safe and stable Aristocrat, is also overvalued.</p>\n<p>It yields 2.4%, well below its 10-year median of 3.2% and out of its historical fair range of 2.7% to 3.6%.</p>\n<p>Note that when it yields 3.5% or more, we think it is a great opportunity, but that has only happened during 3 periods in the past 10 years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae7700b28d1b3e32bff9fca0adb8b7b6\" tg-width=\"640\" tg-height=\"263\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>At the current rate it looks like a stretch, as if management is to continue with their course of increasing the dividend at a long term rate of 5% per annum, then CINF will fail to impress from an income perspective.</p>\n<p>In 10 years, a $10,000 investment would produce $527 in income, assuming dividend reinvestments at the current yield.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c4188ccc62a81236867ba02c480e8c1\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Once again, a fantastic blue chip. Well run. Shareholder-friendly management. Sleep well at night stuff. But better opportunities out there.</p>\n<p><b>Becton, Dickinson and Company (BDX)</b></p>\n<p>The final stock on the list is a healthcare stock. While BDX is off 10% from its highs, it still remains expensive in light of future potential.</p>\n<p>BDX yields below 1.38%, below its median yield of 1.68%, and only just within the historically fair range of 1.33% to 1.95%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/74888ad3edad406710e092b6a4f342fa\" tg-width=\"640\" tg-height=\"260\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>It's the only stock on the list which yields more than its 25th percentile yield, however, not enough to convince. Between 2011 and 2015, BDX yielded between 1.9% and 2.6% while its dividend was growing at a 10% CAGR. Then between 2017 and now, it has yielded between 1.3% and 1.6%, despite the dividend growth rate falling to 4% per annum.</p>\n<p>If this feels like the world upside down to you, it feels that way to me too.</p>\n<p>The trend is going towards lower 4-5% dividend growth per annum. Yet at a 32% free cash flow payout ratio, and a solid business, we can argue that maybe management could squeeze out its 10-year CAGR of 7% again in the upcoming decade.</p>\n<p>But the yield is just too low to contribute significantly.</p>\n<p>If the dividend were to grow at 7% and you were to invest $10,000 today and reinvest dividends at the current yield for the next 10 years, then you could expect $299 per year in dividends a decade from now.</p>\n<p>A menial amount, as you probably agree if you got this far in the article.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e6ea44e2052ac592627b3a3abdb58fa\" tg-width=\"618\" tg-height=\"225\"><span>Source: Dividend Freedom Tribe</span></p>\n<p>Scaling out of the position makes sense.</p>\n<p><b>Conclusion</b></p>\n<p>It's an interesting market, where we have a mixed bag of expensive stocks and cheap stocks. More and more are joining the ranks of the first category, making it a good time to trim positions.</p>\n<p>There are a few corner cases where very large taxable gains might make selling not ideal. In this list, I can only see this maybe happening with LOW, if you have a very, very large gain.</p>\n<p>Otherwise moving out might be the best decision.</p>\n<p>Just think about it, you can own stocks that are historically overvalued, have poor dividend potential, and are at risk of capital loss or stagnation from here on.</p>\n<p>Or you can maintain (<i>or even increase)</i>your income today, improve your dividend potential in the next few years, while exposing yourself to value and buying stocks that will have their turn of outsized capital gains in the next few years.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sell Alert: 10 Insanely Overvalued Dividend Aristocrats</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSell Alert: 10 Insanely Overvalued Dividend Aristocrats\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 16:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4416063-10-insanely-overvalued-dividend-aristocrats><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIn a world full of uncertainty, dividend aristocrats feel safe and trustworthy.\nBut even they are subject to wild variations in price.\nThese have resulted in gains for investors, but now, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4416063-10-insanely-overvalued-dividend-aristocrats\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SWK":"美国史丹利公司","NUE":"纽柯钢铁","BDX":"碧迪医疗","LOW":"劳氏","WMT":"沃尔玛","CTAS":"信达思","CINF":"辛辛那提金融","CLX":"高乐氏","EMR":"艾默生电气","SPGI":"标普全球"},"source_url":"https://seekingalpha.com/article/4416063-10-insanely-overvalued-dividend-aristocrats","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1114892411","content_text":"Summary\n\nIn a world full of uncertainty, dividend aristocrats feel safe and trustworthy.\nBut even they are subject to wild variations in price.\nThese have resulted in gains for investors, but now, these 10 stocks are extremely overvalued.\n\nPhoto by Paul Morigi/Getty Images Entertainment via Getty Images\nWritten by Sam Kovacs\nIntroduction: Does Warren Buffett Ever Sell?\n\nThe stock market is not there to instruct me, it's there to serve me- Warren Buffett\n\nMost investors believe that Warren Buffett is a buy and hold investor who doesn't ever sell his shares.\nThis image has been cultivated thanks to one of his famous quotes when he replied to a question at the 1998 Berkshire Hathaway (BRK.B) annual meeting of shareholders when he said:\n\nWell, the best thing to do is buy a stock that you don't ever want to sell.\n\nHowever, a closer look reveals that this doesn't mean that he doesn't ever sell.\nIf we refer to GuruFocus to look at Berkshire's transactions in the 4th quarter of 2020, one would notice that Berkshire actually sold more than they bought.\nSource: GuruFocus\nHe did add to his Verizon (VZ), Merck (MRK), AbbVie (ABBV), T-Mobile (TMUS), Chevron (CVX), Kroger (KR), Bristol-Myers (BMY), Marsh & McLennan (MMC) and RH (RH) positions.\nBut then he reduced or flat outsold his Apple (AAPL), Wells Fargo (WFC), Barrick Gold (GOLD), M&T Bank (MTB), General Motors (GM), PNC Financial (PNC), Pfizer (PFE), JPMorgan (JPM), Suncor (SU), US Bancorp (USB), and Liberty Latin America (LILAK) positions.\nJust counting on my fingers, I can tell that he has sold more than he has bought in that last quarter.\nThe idea that he never reduces or sells his positions is just flat out wrong.\nWhen it's a good idea to sell\nDo you think that Warren Buffett believes that AAPL has become a bad company? No, of course not. However, it is possible that he believes it has become overvalued.\nIt should be noted that we disagree with a few of his buys, as well as a few of a couple of his sells.\nThat being said, the idea is simple:If you buy when stocks are low, you might also want to sell when they're high.\nIf you don't, you're not only having half the fun, you're leaving a lot of money on the table. (Yes even after taxes are taken into account).\nFor a more detailed look into the mechanics of how this pertains to dividend investors, I would like to point you to our recent article in which I pointed out 5 overvalued dividend blue chips which were now deep in sell territory.\nThe 5 companies were Target (TGT), Caterpillar (CAT), Procter & Gamble (PG), McDonald's (MCD), and Automatic Data Processing (ADP).\nAll 5 are Dividend Aristocrats, a rare breed of stocks which are 1. part of the S&P 500 (SPY) and 2. have increased their dividends consecutively for the past 25 years.\nIn so far as \"All Weather\" dividend streams go, Dividend Aristocrats are the cream of the crop.\nThey provide comfort, after all, you own a piece of American greatness. Yet sometimes even these stocks can become extremely overvalued.\nWhen this happens, reducing your position makes sense. If the conditions persist, scaling out entirely of the position can also be a good idea.\nA note on valuation\nAs a quick reminder, we are dividend investors and use an approach to valuation which is unique to The Dividend Freedom Tribe.\nIn a nutshell:\n\n To determine whether a stock is overvalued, we use our MAD Charts, which look at historical ranges of dividend yields for a given stock, and we tie it in to future growth expectations. The idea being that a low yield is fine if it is linked to very high dividend growth expectations. We project income into the future to quantify this.\n\nThis means that we will look at whether a stock is expensive relative to what investors have historically valued the stock at.\nWe will then look at prospective growth rates and determine if the potential stream of income is attractive to a dividend investor.\nIt is sometimes the case that a company could be a fantastic dividend stock, but because its price outpaces its dividend growth by such a huge margin, it can no longer be construed as an attractive dividend stock and is best replaced by a more attractive one.\nAn investor following a different strategy might come to a totally different conclusion. Isn't that the beauty of it? A recent article titled \"Value Vs. Growth: A Trip Down Memory Lane (And 3 Value Stocks You Need To Buy Now)\" explores this idea.\nThe current market is broadly expensive, but remember there is always something cheap. Even among high quality dividend stocks. Our \"Buy List\" currently counts 36 high quality names.\nYou want to buy the high quality dividend names when they're cheap, and sell them when they're high.\nRinse and repeat.\nAnd right now there are a lot of stocks, even high quality ones, that are worth selling.\nHere are 10 more dividend aristocrats which are insanely expensive from a dividend investor's point of view.\n10 Overvalued Dividend Aristocrats\nWalmart (WMT)\nLet's start this one off with one of America's widows and orphans favorites: Walmart.\nThe company needs no introduction. It operates a very tight ship, paying out only 22% of free cash flow despite having increased the dividend for multiple decades.\nDespite being as mature as they get, the company has continued to increase its revenues throughout the past few years.\nIt's as \"All Weather\" as it gets. Don't count on WMT cutting its dividend in the next 20 years. It's not going to happen.\nSo what's the catch?\nThe catch is the menial growth rate, which is beyond comprehension, tied to an extremely low yield.\nWhile free cash flow per share grew a total 32% in the past 5 years, the dividend is up only about 8%.\nSource: Dividend Freedom Tribe (Click here to learn more about MAD Charts)\nThis equates to a 1.9% dividend CAGR during the past 5 years. Dividends could have increased a lot more given the low payout ratios, but management has chosen not to do so.\nThis was not the case 10 years ago, as you can see, the dividend increased rapidly between 2011 and 2013, but since then management has taken a significantly different approach.\nOver 10 years, the dividend CAGR has been 4%.\nAs a consequence, following the run up in price in the past few years, WMT has become overvalued.\nIts 1.64% yield is below the 10-year median yield of 2.44% and way out of the historically \"fair range\" of 2.14% to 2.69%. I call it the historically fair range because even if Walmart were to prop its dividend growth back up to 4% per annum (which would be double what it did in the past 7 years) income would not be satisfactory.\nOur common quick test is referred to as the \"10% in 10 years\" test. In a nutshell, an income stream can be viewed as very attractive if in 10 years, you can get 10% on your initial investment including the reinvestment of dividends.\nSo if you invest $10,000 and you can expect to get $1,000 in 10 years, then it is a great income opportunity. At 8% it would be a good opportunity.\nBelow, it's not a bad income opportunity, and you shouldn't consider the stock as paying an attractive dividend stream.\nOf course, this is sensitive to our estimate of dividend growth over the next 10 years, which is why to drive our point home, we will always overestimate dividend growth in this article.\nIf a stock's income stream is unattractive in a best-case scenario, what does it say of it?I'll let you answer that one.\nSource: Dividend Freedom Tribe\nIf you invest $10,000 in WMT today, and that you reinvest the dividends once per year at the current yield, and the dividend grows 4% per annum, then in 10 years you'd expect... a menial $277 per year of which $37 (the blue bar in the chart above) would come from having reinvested dividends.\nThat's only 2.77% of your original investment. Let me say this: this is very, very, unattractive.\nHere, we have an example of where both management and the stock market are culprits: management has not committed to significantly increase the dividend, and the stock market has pushed the price up way too high. Sell.\nLowe's (LOW)\nNext is another dividend investor favorite.\nLOW currently yields 1.33%, which is below its 10-year median 1.73% yield, out of its historical 'fair range\" of 1.53% to 1.96%.\nDuring the past 10 years, its dividend yield has never been less than 1.22% and never more than 3.38%.\nSource: Dividend Freedom Tribe\nWhile LOW only increased its dividend by 9% this year, it has averaged 16.5% per year in the past 5 years, while maintaining a free cash flow payout ratio of just 20%.\nLOW is a phenomenally managed company, with a great business model. The price has just gone way too crazy.\nIf you invested $10,000 in LOW at current prices, reinvested dividends at the current yield and saw the dividend grow at 16% per annum for the next 10 years, then you'd be looking at $652 in income 10 years from now, of which $70 would come from dividend reinvestments.\nSource: Dividend Freedom Tribe\nNote that this is a lot more than Walmart, but it still doesn't pass our test as a \"good\" income stream.\nLOW yields less than WMT, but just observe how the difference in expected growth rates changes the course of income over 10 years!\nHowever, growth can't always make up for low yields. Case in point here, even 16% dividend growth (a 340% increase in 10 years) still wouldn't pass our test.\nCompare this to Home Depot (HD). We can't discuss LOW without HD. HD's yield is 2.3%, a whole extra point. It also pays out twice as much, although still a healthy 44% free cash flow payout ratio.\nHowever, if HD increases its dividend by 10% per annum (a 159% increase over 10 years), an investment in HD would return more dividends despite having to increase its dividend by only half.\nSource: Dividend Freedom Tribe\nNote that HD would only provide 7.12% in 10 years under such a scenario.\nWhen the price was at $255, the simulation passed the 8% mark, and triggered us to get back in the stock. That was within 2% of the low, which is not too bad.\nClorox (CLX)\nClorox is a stock, which I exited although my timing wasn't great as I missed the peak.\nIt has come back down though and is only 2% above the price when I last published an article on CLX, back in April 2020.\nAt that point, I suggested it wasn't the time to sell,but that \"If you're not invested in CLX, you're late to the game, and would be better served investing elsewhere.\"\nThe reasons which warranted holding CLX in April 2020 are no longer present (defensive, trending momentum, more gains to squeeze out).\nClorox is coming down and has further to drop.\nIt currently yields 2.3%, below its 10-year median of 2.77%, and out of its historically fair range of 2.45% to 3.2%.\nSource: Dividend Freedom Tribe\nLast year the company increased its dividend by 4.7%, but it has averaged 7.5% over the past 5 years.\nGiven the very reasonable payout ratios of 44%, I believe long term dividend growth of 7% is attainable for Clorox.\nHowever, this won't quite cut it from an income perspective. A $10,000 investment with 7% growth, and reinvestments at the current yield, would generate $546 in income in 10 years, of which $101 would come from dividend reinvestments.\nSource: Dividend Freedom Tribe\nThis is not quite satisfactory, and given that Clorox's momentum is among the worst 6% of stocks in the market according to our Momentum Score., then I'd strongly suggesting avoiding CLX, and moving out of the position if not yet done.\nS&P Global (SPGI)\nS&P Global is a great company. It is beautifully managed, it has a long history of growth, and a lot of track ahead of it to continue increasing its dividend aggressively.\nYou can't really fault management, the dividend has been growing at 16% per annum for the past 5 years, while maintaining the free cash flow payout ratio below 20%.\nIt is once again a case of the market collectively getting too high(pun intended)on how good a company it is.\nThe current yield of 0.89% is extremely low.\nThis wasn't always the case. Back in 2011, and in early 2013, one could buy SPGI with a 2.8% yield, which would have been a great investment.\nIt is only fair to point out that had we done so, we would have also exited early, likely sometime in late 2017 or 2018, and would have been very comfortable foregoing future returns to shift to value, increase our income stream, and sleep well at night.\nSource: Dividend Freedom Tribe\nThe relationship between yield and growth rates gets extreme as yields get very low.\nWith the same $10,000 simulation, assuming 16% dividend growth with reinvestments of dividends, in 10 years you could only expect $408 in dividends, half the amount to be considered a good income opportunity.\nSource: Dividend Freedom Tribe\nFor SPGI to be considered a good income opportunity at the current valuation, one would have to believe that they would be able to increase the dividend by 25% per annum. Over 10 years that equates to an 831% increase, which somehow seems like a pipe dream.\nSell.\nEmerson Electric (EMR)\nIndustrials have been having one hell of a run. We've enjoyed this in our own industrial picks. One of our favorite is Snap-on (SNA) which we've been quite vocal about in the past year.\nEmerson Electric has also had one hell of a run but now trades at a valuation that is unheard of in the past decade.\nThe stock yields 2.3%, below its 10-year median yield of 3%, outside of its historically fair range of 2.7% to 3.3%.\nSource: Dividend Freedom Tribe\nBut this is combined to the fact that since 2014, dividend growth hasn't even kept up with inflation. If you've been checking inflation numbers in the past 7 years, you know that that is not a lot.\nIn the past 5 years, the dividend has grown at a 1% CAGR, while management could have easily achieved more. The free cash flow payout ratio was 52% 5 years ago. Today it's 40%.\nOnly one way to read into this, management is choosing to not increase the dividend in line with the growth in the business.\nThis is a negative signal for us, as it signals that management is viewing the dividend policy as a chore, and not as a way to actively reward shareholders for bearing the risk of the business they run.\nFor this one, let's run the simulation assuming management continue down this road, increasing the dividend by 1% per year.\nIf you invest $10,000, reinvest the dividends at the current yield, then in 10 years, you can expect a crazy $311 in dividends.\nSource: Dividend Freedom Tribe\nAlternatively you could buy Broadcom (AVGO) and get that amount today, or if you want to stay in Industrials, SNA, and get that amount in a year or two.\nThe valuation doesn't meet management's commitment to shareholders. Sell.\nStanley Black & Decker (SWK)\nThe party in industrials has gotten out of hand in many places. Stanley Black & Decker is another example of this in action. The power and hand tools company now once again trades at a valuation which it last traded at in January 2018.\nIf you want to see how that played out. Just look at how much pain buying the stock then, or choosing to hold on to it would have been.\nAlternatively you could buy Broadcom (AVGO) and get that amount today, or if you want to stay in Industrials, SNA, and get that amount in a year or two.\nThe valuation doesn't meet management's commitment to shareholders. Sell.\nStanley Black & Decker (SWK)\nThe party in industrials has gotten out of hand in many places. Stanley Black & Decker is another example of this in action. The power and hand tools company now once again trades at a valuation which it last traded at in January 2018.\nIf you want to see how that played out. Just look at how much pain buying the stock then, or choosing to hold on to it would have been.\nSource: Dividend Freedom Tribe\nIt would have taken you nearly 3 years for your position to be worth what it was then, and in exchange for your loyalty, you would have been compensated with dividend increases which have averaged about 3.5%.\nNot great.\nThe current yield of 1.45% is dangerously close to the 10-year minimum yield of 1.42%. It is way below the median yield of 2.08%, and out of the historically \"fair range\" of 1.8% to 2.36%.\nEven if the dividend were to grow in the next 10 years at 7.5% per annum (the rate which it has in the past 10 years) then it would still be a very lackluster investment from an income perspective.\nInvesting $10,000 at the current valuation, and reinvesting dividends in such a scenario would yield $333 in 10 years. Only 3.33% of your original investment.\nSource: Dividend Freedom Tribe\nSave yourself the hardship, and start moving out of your SWK position.\nCintas (CTAS)\nThis trend exists in many Industrial stocks. Cintas is yet another example in the Dividend Aristocrat space.\nIt has been increasing at an incredible rate during the past decade, a period during which the dividend has grown at 20% per year.\nSource: Dividend Freedom Tribe\nBut as you can see with the price moving from the blue band to the red band over the years, the market has continually reviewed its valuation of Cintas upwards.\nFor that reason it might not be worth looking towards historical ranges to derive value. Every year you would have said \"boy that looks expensive\".\nHere a better alternative is to look purely towards the future.\nEven if Cintas can keep up its historical growth rate of 20% per annum over the next ten years (it only managed 10% this past year)Cintas wouldn't quite reach our threshold of 8% on the initial investment, as the chart below shows.\nSource: Dividend Freedom Tribe\nNote that a 20% dividend growth rate is extremely powerful. It can increase income 6x on an extremely low yielding security. However, it is a momentous challenge as it implies multiplying the dividend by nearly 6x.\nIf they did somehow pull it off, while growing free cash flow at 8% per annum (the rate of revenue growth in the past 10 years) then the dividend would move from 30% of free cash flow to 85% of free cash flow.\nAnd yet from our income stream analysis, it would still come up short.\nSometimes things are just too much of a stretch.\nNucor (NUE)\nOvervalued names seem to pop up in nearly every sector this year.\nIf we move to Materials, we find Nucor which is yet again an example of a dividend aristocrat which has been increasing its dividend at such a low rate for so long. Its 2.4% yield cannot be counted on to give any significant boost to your income.\nDuring the past 10 years, the dividend has grown at a 1.3% CAGR. Over the past 5 years, this has gone down to 1.2%, with last year's increase an anemic 0.6% increase.\nSource: Dividend Freedom Tribe\nManagement could probably have squeezed out more as free cash flow payout ratios have mostly been stable at around 50% for the past 5 years\nBut that highlights a problem. FCF per share has grown at the same rate as the dividend, this means about 1%.\nNow I have no problem with low growth businesses if they provide a safe high yield. But Nucor offers none of that. In fact, if we continue to project into the future at a growth rate of 1.3%, one could expect 3.34% on his original investment in 10 years, assuming reinvestments at the current yield.\nSource: Dividend Freedom Tribe\nIt's been a good run, but it is time to sell.\nCincinnati Financial (CINF)\nInsurance companies were hit bad in 2020. It is a whole theme we have with our Dividend Freedom Tribe members, where we encourage them to buy undervalued insurance companies for a recovery scenario. One such stock is Prudential (PRU). Another is Aflac (AFL) which is also a Dividend Aristocrat.\nBut CINF, while being a very safe and stable Aristocrat, is also overvalued.\nIt yields 2.4%, well below its 10-year median of 3.2% and out of its historical fair range of 2.7% to 3.6%.\nNote that when it yields 3.5% or more, we think it is a great opportunity, but that has only happened during 3 periods in the past 10 years.\nSource: Dividend Freedom Tribe\nAt the current rate it looks like a stretch, as if management is to continue with their course of increasing the dividend at a long term rate of 5% per annum, then CINF will fail to impress from an income perspective.\nIn 10 years, a $10,000 investment would produce $527 in income, assuming dividend reinvestments at the current yield.\nSource: Dividend Freedom Tribe\nOnce again, a fantastic blue chip. Well run. Shareholder-friendly management. Sleep well at night stuff. But better opportunities out there.\nBecton, Dickinson and Company (BDX)\nThe final stock on the list is a healthcare stock. While BDX is off 10% from its highs, it still remains expensive in light of future potential.\nBDX yields below 1.38%, below its median yield of 1.68%, and only just within the historically fair range of 1.33% to 1.95%.\nSource: Dividend Freedom Tribe\nIt's the only stock on the list which yields more than its 25th percentile yield, however, not enough to convince. Between 2011 and 2015, BDX yielded between 1.9% and 2.6% while its dividend was growing at a 10% CAGR. Then between 2017 and now, it has yielded between 1.3% and 1.6%, despite the dividend growth rate falling to 4% per annum.\nIf this feels like the world upside down to you, it feels that way to me too.\nThe trend is going towards lower 4-5% dividend growth per annum. Yet at a 32% free cash flow payout ratio, and a solid business, we can argue that maybe management could squeeze out its 10-year CAGR of 7% again in the upcoming decade.\nBut the yield is just too low to contribute significantly.\nIf the dividend were to grow at 7% and you were to invest $10,000 today and reinvest dividends at the current yield for the next 10 years, then you could expect $299 per year in dividends a decade from now.\nA menial amount, as you probably agree if you got this far in the article.\nSource: Dividend Freedom Tribe\nScaling out of the position makes sense.\nConclusion\nIt's an interesting market, where we have a mixed bag of expensive stocks and cheap stocks. More and more are joining the ranks of the first category, making it a good time to trim positions.\nThere are a few corner cases where very large taxable gains might make selling not ideal. In this list, I can only see this maybe happening with LOW, if you have a very, very large gain.\nOtherwise moving out might be the best decision.\nJust think about it, you can own stocks that are historically overvalued, have poor dividend potential, and are at risk of capital loss or stagnation from here on.\nOr you can maintain (or even increase)your income today, improve your dividend potential in the next few years, while exposing yourself to value and buying stocks that will have their turn of outsized capital gains in the next few years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349123666,"gmtCreate":1617581672055,"gmtModify":1704700491278,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like and comments old thank you","listText":"Like and comments old thank you","text":"Like and comments old thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/349123666","repostId":"2124875875","repostType":4,"repost":{"id":"2124875875","pubTimestamp":1617366960,"share":"https://ttm.financial/m/news/2124875875?lang=&edition=fundamental","pubTime":"2021-04-02 20:36","market":"us","language":"en","title":"Tesla Q1 2021 Vehicle Production & Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=2124875875","media":"StreetInsider","summary":"PALO ALTO, Calif., April 02, 2021  -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.Forward-Looking Statements Statements herein regarding the timin","content":"<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td><b>Production</b></td>\n   <td><b>Deliveries</b></td>\n   <td><b>Subject to operating lease accounting</b></td>\n  </tr>\n  <tr>\n   <td>Model S/X</td>\n   <td>-</td>\n   <td>2,020</td>\n   <td>6%</td>\n  </tr>\n  <tr>\n   <td>Model 3/Y</td>\n   <td>180,338</td>\n   <td>182,780</td>\n   <td>7%</td>\n  </tr>\n  <tr>\n   <td><b>Total</b></td>\n   <td><b>180,338</b></td>\n   <td><b>184,800</b></td>\n   <td><b>7%</b></td>\n  </tr>\n </tbody>\n</table>\n<p>***************</p>\n<p>Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only <a href=\"https://laohu8.com/S/AONE\">one</a> measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.</p>\n<p><b>Forward-Looking Statements</b>&nbsp;Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.</p>\n<p><img src=\"https://static.tigerbbs.com/db04c7b378cb2db912c3ba8a5a774ee3\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/c2196de8ba412c60c22ab491af7b1409\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","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 Q1 2021 Vehicle Production & Deliveries</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 Q1 2021 Vehicle Production & Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18215929><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18215929\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18215929","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124875875","content_text":"PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.\n\n\n\n\nProduction\nDeliveries\nSubject to operating lease accounting\n\n\nModel S/X\n-\n2,020\n6%\n\n\nModel 3/Y\n180,338\n182,780\n7%\n\n\nTotal\n180,338\n184,800\n7%\n\n\n\n***************\nOur net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.\nForward-Looking Statements Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571302014333483","authorId":"3571302014333483","name":"WangWang99","avatar":"https://static.tigerbbs.com/fd291ad34521fc1ebab496105c2f882d","crmLevel":5,"crmLevelSwitch":0,"idStr":"3571302014333483","authorIdStr":"3571302014333483"},"content":"Pls response tq","text":"Pls response tq","html":"Pls response tq"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351090032,"gmtCreate":1616543664126,"gmtModify":1704795396119,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Please like and comment !!","listText":"Please like and comment !!","text":"Please like and comment !!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/351090032","repostId":"1194045564","repostType":4,"repost":{"id":"1194045564","pubTimestamp":1616512875,"share":"https://ttm.financial/m/news/1194045564?lang=&edition=fundamental","pubTime":"2021-03-23 23:21","market":"us","language":"en","title":"Netflix Has Been Trailing the Market. Why One Analyst Decided to Get More Bullish.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194045564","media":"Barrons","summary":"Netflix shares were getting a boost on Tuesday from Argus analyst Joseph Bonner, who raised his rati","content":"<p>Netflix shares were getting a boost on Tuesday from Argus analyst Joseph Bonner, who raised his rating on the streaming video giant’s stock to Buy from Hold, setting a price target of $650.</p>\n<p>“Netflix continues to produce popular original content, while also expanding globally, adding new subscribers, and strengthening its industry position,” Bonner wrote in a research note. “We believe that it has sustainable structural competitive advantages in the streaming video space.”</p>\n<p>As Bonner points out,the company recentlysaid it expected to become sustainably free cash flow positive in the near future. “While valuation metrics for Netflix remain well above the peer average, they have improved with the recent selloff and in our view provide investors with an appropriate entry point,” he wrote.</p>\n<p>Bonner thinks Netflix (ticker: NFLX) shares simply look cheap. He points out that while the stock is up 54% over the last 12 months, that trails gains of 62% for the S&amp;P 500, 83% for the S&amp;P Media and Entertainment index, and 142% for the NYSE’s FANG+ index. He notes that the stock trades for 33 times forward estimated Ebitda (earnings before interest, taxes, depreciation, and amortization), about a 124% premium to peer media and entertainment stocks, but below the two-year historical average premium of 159%.</p>\n<p>Netflix was up 3% in Tuesday morning trading, to $538.57.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Has Been Trailing the Market. Why One Analyst Decided to Get More Bullish.</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\">\nNetflix Has Been Trailing the Market. Why One Analyst Decided to Get More Bullish.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/netflix-has-been-trailing-the-market-why-one-analyst-decided-to-get-more-bullish-51616512416?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix shares were getting a boost on Tuesday from Argus analyst Joseph Bonner, who raised his rating on the streaming video giant’s stock to Buy from Hold, setting a price target of $650.\n“Netflix ...</p>\n\n<a href=\"https://www.barrons.com/articles/netflix-has-been-trailing-the-market-why-one-analyst-decided-to-get-more-bullish-51616512416?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.barrons.com/articles/netflix-has-been-trailing-the-market-why-one-analyst-decided-to-get-more-bullish-51616512416?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194045564","content_text":"Netflix shares were getting a boost on Tuesday from Argus analyst Joseph Bonner, who raised his rating on the streaming video giant’s stock to Buy from Hold, setting a price target of $650.\n“Netflix continues to produce popular original content, while also expanding globally, adding new subscribers, and strengthening its industry position,” Bonner wrote in a research note. “We believe that it has sustainable structural competitive advantages in the streaming video space.”\nAs Bonner points out,the company recentlysaid it expected to become sustainably free cash flow positive in the near future. “While valuation metrics for Netflix remain well above the peer average, they have improved with the recent selloff and in our view provide investors with an appropriate entry point,” he wrote.\nBonner thinks Netflix (ticker: NFLX) shares simply look cheap. He points out that while the stock is up 54% over the last 12 months, that trails gains of 62% for the S&P 500, 83% for the S&P Media and Entertainment index, and 142% for the NYSE’s FANG+ index. He notes that the stock trades for 33 times forward estimated Ebitda (earnings before interest, taxes, depreciation, and amortization), about a 124% premium to peer media and entertainment stocks, but below the two-year historical average premium of 159%.\nNetflix was up 3% in Tuesday morning trading, to $538.57.","news_type":1},"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568855588230949","authorId":"3568855588230949","name":"IsleofSkye","avatar":"https://static.tigerbbs.com/67513c367fa2b32512713968a36dcf7d","crmLevel":4,"crmLevelSwitch":0,"idStr":"3568855588230949","authorIdStr":"3568855588230949"},"content":"Done. pls respond back","text":"Done. pls respond back","html":"Done. pls respond back"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358371702,"gmtCreate":1616667948106,"gmtModify":1704797136129,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Please like and comments","listText":"Please like and comments","text":"Please like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358371702","repostId":"1139908626","repostType":4,"repost":{"id":"1139908626","pubTimestamp":1616663752,"share":"https://ttm.financial/m/news/1139908626?lang=&edition=fundamental","pubTime":"2021-03-25 17:15","market":"us","language":"en","title":"Apple Failure Modes","url":"https://stock-news.laohu8.com/highlight/detail?id=1139908626","media":"Medium","summary":"Apple has avoided the types of failures that have beset so many tech giants. From the HP I dearly loved and the IBM we once feared, to Palm, Nokia, Blackberry, and many more…Will Apple eventually follow a similar trajectory and either disappear or recede into the shadows?Or can Tim Cook continue to keep the Steve Jobs Apple 2.0 miracle alive almost a decade after the magician’s passing?The Monday Note has been on an irregular hiatus as I labor on a book chronicling my picaresque half century in ","content":"<p><i>Apple has avoided the types of failures that have beset so many tech giants. From the HP I dearly loved and the IBM we once feared, to Palm, Nokia, Blackberry, and many more… Will Apple eventually follow a similar trajectory and either disappear or recede into the shadows? Or can Tim Cook continue to keep the Steve Jobs Apple 2.0 miracle alive almost a decade after the magician’s passing?</i></p>\n<p><img src=\"https://static.tigerbbs.com/028afa8092cf5134580f1cb4b8bd6596\" tg-width=\"1050\" tg-height=\"590\"></p>\n<p>The Monday Note has been on an irregular hiatus as I labor on a book chronicling my picaresque half century in the tech world. While I only spent ten of those years inside Apple, gravity exerts its pull and the book sometimes feels centered on the company that allowed me to fulfill two dreams: Coming to the US and leading a product engineering organization.</p>\n<p>Writing about the early days at Apple led me to contemplate how the ambitious but struggling company became today’s $2T enterprise, how it avoided the “failure formulas” we’ve seen in so many grandees of the industry.</p>\n<p>Nokia, Palm, and Blackberry followed a relatively simple failure recipe. When the first generation iPhone was announced, they dismissed the threat, impugning Apple’s ability to play in their arena. Then Android devices arrived, and the giants refused to back down: ’<i>We know what we’re doing,just look at our numbers!</i>’.</p>\n<p>My good old HP is a&nbsp;much more complicated story. On the technical side, it allowed its superb desktop computing business to be disrupted by “cheap” 8-bit processors, but the real problems were cultural and political: A revolving door in the CEO suite, a Board of Directors that spied on each other, no coherent corporate strategy leading to catastrophic acquisitions followed by spinoffs…</p>\n<p>No company has been as powerful and then fallen as far as IBM. Once known as The Company, its mainframe products and services dominated business computing, its management methods were exemplary. (In the mid-seventies I was given a copy of the all-encompassing Manager’s Guide and was in awe with the depth and scope of the work.) Then, the PC happened, a product category IBM initially seized, only to lose it by letting clones powered by Microsoft software flood the market and kill its margins.</p>\n<p>A decade later when the Internet and networked servers changed the game, IBM wasn’t ready and almost went bust, only to be saved by Lou Gerstner…at least for a while. Unfortunately, Gerstner’s successors were unable to harness the relentless growth of Cloud Computing, and now the company has fractured. The current CEO, Arvind Krishna, recently decided to split IBM into“Two Market-Leading Companies with Focused Strategies”. The larger entity keeps the IBM name, the smaller as yet unnamed company rids IBM of a low-margin, low hope, ferociously competitive IT infrastructure business.</p>\n<p>Microsoft offers an interesting counterexample of success after it made an historic, expensive miss. Late to the smartphone game, the company gave Nokia special licensing terms for its Windows Phone OS, only to see the partnership flounder. Despairing, Microsoft bought Nokia for $7.2B in 2013 and took a $7.6B writeoff two years later, followed by another $900M the following year. The clean-up job was left to Satya Nadella who took the reins from Steve Ballmer in 2014. Since then, Microsoft has prospered as the company has focused on software and Cloud services for organizations. As a part of that refocus the Microsoft stores, modeled after the Apple Store, have been shuttered.</p>\n<p>While these failure stories hold some lessons for Apple, some of them are actually reassuring.</p>\n<p>For example, it takes more than one substantial mistake for a large company to begin its decline. The Apple Maps debut and “Antennagate”, as examples, were embarrassing but didn’t do any lasting harm. To be sure, two mediocre iPhone vintages in succession would have a deleterious effect on image and finances, but even that could be survived, especially in today’s quasi-saturated market. And as the Microsoft example shows us, seriously missing an industry wave (smartphones) can be overcome by jumping on a new one (the Cloud aided by the Windows/Office flywheel). This may shed light on Apple’s efforts to give more momentum to the Services business, a flywheel in its own right.</p>\n<p>Apple’s iCloud is a different story. True, “cloud” is a very broad term and many of the company’s cloud services are so taken-for-granted as to be almost invisible. For example, iPhone photos live in the petabytes or exabytes of cloud storage that propagates nicely to users’ devices. The same is true for Music and more.</p>\n<p>While iCloud as a product has come a long way since the 2008 MobileMe, the&nbsp;Exchange For The Rest Of Us&nbsp;that&nbsp;embarrassed Steve Jobs, it’s often sluggish and buggy (even now as I attempt to use Pages “as we speak”). It lacks the power and polish that Google and Dropbox have to offer. That said, one shouldn’t expect Apple to offer iCloud services in the way that Amazon Web Services, Google Cloud, and Microsoft Azure do. In fact, Apple in part&nbsp;depends on AWS&nbsp;and others for its own infrastructure — a contentious internal topic.</p>\n<p>Apple’s record with Artificial Intelligence (another broad domain) is surely a sore point in the Board Room. Although the company was “there” first with Siri, the company watched as Google and Amazon surpassed them to become the leaders in Intelligent Assistant applications. In everyday life, one can see modest progress in Siri’s usefulness and pervasiveness, and we can hope Senior VP of Machine Learning and AI Strategy&nbsp;John Giannandrea, a Google alumnus with a distinguished résumé who joined Apple in 2018, will set things right.</p>\n<p>Apple’s strengths are not to be discounted when considering failure modes. Its hardware, software, and supply chain management is unrivaled. But let’s focus on a less lauded advantage, the power of its organizational structure.</p>\n<p>To simplify, there are no&nbsp;<i>divisions</i>&nbsp;at Apple, no iPhone, Mac, or AirPod “subcompany”. Instead, there are&nbsp;<i>functions</i>&nbsp;as sketched by the&nbsp;Apple Leadership&nbsp;chart (helpful job details are accessed when clicking on the names):</p>\n<p><img src=\"https://static.tigerbbs.com/b887dfe02642de363c4b17cc7f5e4f47\" tg-width=\"1050\" tg-height=\"1806\"></p>\n<p>When Apple develops a new product — I’ll avoid titillating possibilities — work is organized around<i>projects</i>. A project group is formed by drawing on functions such as Software Engineering, Operations, Hardware Technologies, and so on. Some team members, for activities such as Product Design or Operations, may work on more than one project. The group exists as long as the project exists and is disbanded if the product is canceled or put on the shelf.</p>\n<p>One of the things that beset HP was its divisional structure with the unavoidable rivalries, territorial disputes, and fights over resources. Customers, of course, don’t care about divisons, they care about products. Apple’s robust, flexible,<i>functional</i>organization helps everyone focus on products and customers.</p>\n<p>It’s an extremely valuable Steve Jobs legacy.</p>\n<p>Does this mean Apple is immune to large scale failure, that it won’t someday take the path HP or IBM did?</p>\n<p>No.</p>\n<p>In a quest for the next engine of growth, Apple could take big risks such as trying to enter the auto industry, either in a frontal assault against Tesla, Toyota, and “Deutsche AG” (German car makers), or in more original forms of individual mobility. Or it could be tempted by the humongous amounts of money spent on healthcare.</p>\n<p>And no matter how powerful its organizational structure is, Apple, like every company, is susceptible to personal mediocrity: Insecure B-grade managers hire C-grade players who won’t challenge their authority or their “expertise”, and products suffer as a result. We know the old organization joke: When upper layer people look down, they see brains; when brains in the lower layers look up, they see #$$holes. For an organization, the beginning of the end comes when the brains realize the upper layers are colonized by incompetents and get into Why Bother Mode. I don’t know enough about the company’s hiring and firing practices but, in my nervous mind, this is the biggest risk to Apple. From a distance, it’s impossible to know how hard Apple works to avoid a form of degenerative failure.</p>","source":"lsy1616663746307","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Failure Modes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Failure Modes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://mondaynote.com/apple-failure-modes-a5c9e1c9ffb0><strong>Medium</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple has avoided the types of failures that have beset so many tech giants. From the HP I dearly loved and the IBM we once feared, to Palm, Nokia, Blackberry, and many more… Will Apple eventually ...</p>\n\n<a href=\"https://mondaynote.com/apple-failure-modes-a5c9e1c9ffb0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://mondaynote.com/apple-failure-modes-a5c9e1c9ffb0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139908626","content_text":"Apple has avoided the types of failures that have beset so many tech giants. From the HP I dearly loved and the IBM we once feared, to Palm, Nokia, Blackberry, and many more… Will Apple eventually follow a similar trajectory and either disappear or recede into the shadows? Or can Tim Cook continue to keep the Steve Jobs Apple 2.0 miracle alive almost a decade after the magician’s passing?\n\nThe Monday Note has been on an irregular hiatus as I labor on a book chronicling my picaresque half century in the tech world. While I only spent ten of those years inside Apple, gravity exerts its pull and the book sometimes feels centered on the company that allowed me to fulfill two dreams: Coming to the US and leading a product engineering organization.\nWriting about the early days at Apple led me to contemplate how the ambitious but struggling company became today’s $2T enterprise, how it avoided the “failure formulas” we’ve seen in so many grandees of the industry.\nNokia, Palm, and Blackberry followed a relatively simple failure recipe. When the first generation iPhone was announced, they dismissed the threat, impugning Apple’s ability to play in their arena. Then Android devices arrived, and the giants refused to back down: ’We know what we’re doing,just look at our numbers!’.\nMy good old HP is a much more complicated story. On the technical side, it allowed its superb desktop computing business to be disrupted by “cheap” 8-bit processors, but the real problems were cultural and political: A revolving door in the CEO suite, a Board of Directors that spied on each other, no coherent corporate strategy leading to catastrophic acquisitions followed by spinoffs…\nNo company has been as powerful and then fallen as far as IBM. Once known as The Company, its mainframe products and services dominated business computing, its management methods were exemplary. (In the mid-seventies I was given a copy of the all-encompassing Manager’s Guide and was in awe with the depth and scope of the work.) Then, the PC happened, a product category IBM initially seized, only to lose it by letting clones powered by Microsoft software flood the market and kill its margins.\nA decade later when the Internet and networked servers changed the game, IBM wasn’t ready and almost went bust, only to be saved by Lou Gerstner…at least for a while. Unfortunately, Gerstner’s successors were unable to harness the relentless growth of Cloud Computing, and now the company has fractured. The current CEO, Arvind Krishna, recently decided to split IBM into“Two Market-Leading Companies with Focused Strategies”. The larger entity keeps the IBM name, the smaller as yet unnamed company rids IBM of a low-margin, low hope, ferociously competitive IT infrastructure business.\nMicrosoft offers an interesting counterexample of success after it made an historic, expensive miss. Late to the smartphone game, the company gave Nokia special licensing terms for its Windows Phone OS, only to see the partnership flounder. Despairing, Microsoft bought Nokia for $7.2B in 2013 and took a $7.6B writeoff two years later, followed by another $900M the following year. The clean-up job was left to Satya Nadella who took the reins from Steve Ballmer in 2014. Since then, Microsoft has prospered as the company has focused on software and Cloud services for organizations. As a part of that refocus the Microsoft stores, modeled after the Apple Store, have been shuttered.\nWhile these failure stories hold some lessons for Apple, some of them are actually reassuring.\nFor example, it takes more than one substantial mistake for a large company to begin its decline. The Apple Maps debut and “Antennagate”, as examples, were embarrassing but didn’t do any lasting harm. To be sure, two mediocre iPhone vintages in succession would have a deleterious effect on image and finances, but even that could be survived, especially in today’s quasi-saturated market. And as the Microsoft example shows us, seriously missing an industry wave (smartphones) can be overcome by jumping on a new one (the Cloud aided by the Windows/Office flywheel). This may shed light on Apple’s efforts to give more momentum to the Services business, a flywheel in its own right.\nApple’s iCloud is a different story. True, “cloud” is a very broad term and many of the company’s cloud services are so taken-for-granted as to be almost invisible. For example, iPhone photos live in the petabytes or exabytes of cloud storage that propagates nicely to users’ devices. The same is true for Music and more.\nWhile iCloud as a product has come a long way since the 2008 MobileMe, the Exchange For The Rest Of Us that embarrassed Steve Jobs, it’s often sluggish and buggy (even now as I attempt to use Pages “as we speak”). It lacks the power and polish that Google and Dropbox have to offer. That said, one shouldn’t expect Apple to offer iCloud services in the way that Amazon Web Services, Google Cloud, and Microsoft Azure do. In fact, Apple in part depends on AWS and others for its own infrastructure — a contentious internal topic.\nApple’s record with Artificial Intelligence (another broad domain) is surely a sore point in the Board Room. Although the company was “there” first with Siri, the company watched as Google and Amazon surpassed them to become the leaders in Intelligent Assistant applications. In everyday life, one can see modest progress in Siri’s usefulness and pervasiveness, and we can hope Senior VP of Machine Learning and AI Strategy John Giannandrea, a Google alumnus with a distinguished résumé who joined Apple in 2018, will set things right.\nApple’s strengths are not to be discounted when considering failure modes. Its hardware, software, and supply chain management is unrivaled. But let’s focus on a less lauded advantage, the power of its organizational structure.\nTo simplify, there are no divisions at Apple, no iPhone, Mac, or AirPod “subcompany”. Instead, there are functions as sketched by the Apple Leadership chart (helpful job details are accessed when clicking on the names):\n\nWhen Apple develops a new product — I’ll avoid titillating possibilities — work is organized aroundprojects. A project group is formed by drawing on functions such as Software Engineering, Operations, Hardware Technologies, and so on. Some team members, for activities such as Product Design or Operations, may work on more than one project. The group exists as long as the project exists and is disbanded if the product is canceled or put on the shelf.\nOne of the things that beset HP was its divisional structure with the unavoidable rivalries, territorial disputes, and fights over resources. Customers, of course, don’t care about divisons, they care about products. Apple’s robust, flexible,functionalorganization helps everyone focus on products and customers.\nIt’s an extremely valuable Steve Jobs legacy.\nDoes this mean Apple is immune to large scale failure, that it won’t someday take the path HP or IBM did?\nNo.\nIn a quest for the next engine of growth, Apple could take big risks such as trying to enter the auto industry, either in a frontal assault against Tesla, Toyota, and “Deutsche AG” (German car makers), or in more original forms of individual mobility. Or it could be tempted by the humongous amounts of money spent on healthcare.\nAnd no matter how powerful its organizational structure is, Apple, like every company, is susceptible to personal mediocrity: Insecure B-grade managers hire C-grade players who won’t challenge their authority or their “expertise”, and products suffer as a result. We know the old organization joke: When upper layer people look down, they see brains; when brains in the lower layers look up, they see #$$holes. For an organization, the beginning of the end comes when the brains realize the upper layers are colonized by incompetents and get into Why Bother Mode. I don’t know enough about the company’s hiring and firing practices but, in my nervous mind, this is the biggest risk to Apple. From a distance, it’s impossible to know how hard Apple works to avoid a form of degenerative failure.","news_type":1},"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327992218,"gmtCreate":1616046578334,"gmtModify":1704790178919,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/327992218","repostId":"1159334095","repostType":4,"repost":{"id":"1159334095","pubTimestamp":1616045990,"share":"https://ttm.financial/m/news/1159334095?lang=&edition=fundamental","pubTime":"2021-03-18 13:39","market":"fut","language":"en","title":"Bitcoin Is Not a Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1159334095","media":"coindesk","summary":"Seems obvious, right? Well, there’s a common misconception among new crypto market participants that","content":"<p>Seems obvious, right? Well, there’s a common misconception among new crypto market participants that&nbsp;bitcoin&nbsp;is a company stock. While its price activity can correlate with traditional markets on occasion, it is, in fact, an entirely separate asset class.</p>\n<p>Bitcoin is a&nbsp;cryptocurrency– a type of digital asset secured by&nbsp;cryptography&nbsp;that can be used to make electronic payments over the internet or act as a&nbsp;store of value&nbsp;like gold or silver.</p>\n<p>Think of cryptocurrencies as the emails of the currency world. They do not exist in physical form, they can be sent in minutes and they do not require multiple intermediaries to handle the payment.</p>\n<p>Unlike fiat currencies like the U.S dollar or euro that store all card and wire transactions on a central ledger maintained by a single authority, bitcoin and other cryptocurrencies use a technology called “blockchain.” This is a globally&nbsp;distributed ledger&nbsp;that can be maintained and copied by anyone on the planet and ensures total immutability and transparency.</p>\n<p><b>Key differences between bitcoin and stocksStocks</b></p>\n<ul>\n <li>Traded on traditional stock exchanges such as Nasdaq, London Stock Exchange, Deutsche Börse, etc.</li>\n <li>Can only be traded Monday to Friday. Market opening and closing times vary between stock exchanges</li>\n <li>Regulated financial products</li>\n <li>Purchasers receive share certificates to show legal proof of ownership</li>\n <li>Companies can produce new shares after publicly launching, though there is a finite limit</li>\n <li>Brokerages maintain their own record of stock trades that they execute on behalf of clients. In the United States, this information is not publicly available unless an investor purchases over 5% of a listed company</li>\n</ul>\n<p>Bitcoin</p>\n<ul>\n <li>Traded on centralized and decentralized crypto exchanges</li>\n <li>Crypto markets do not close so bitcoin can be traded at any time on any day</li>\n <li>Bitcoin is not a regulated investment vehicle; however, most international jurisdictions recognize it as property</li>\n <li>Purchasers can hold their own bitcoin or delegate safe storage to third-party custodians</li>\n <li>There will only ever be 21 million bitcoins. No new coins can be created</li>\n <li>The Bitcoin blockchain publicly records all transactions and can be viewed or downloaded by anyone at any time</li>\n</ul>\n<p>Company stocks that are tied to bitcoin</p>\n<p>Despite the differences between these two investment options, there are a number of publicly traded companies whose stocks are tied to the performance of bitcoin. This is because the companies are either directly engaged in bitcoin-related activities such as mining,hold a substantial amount&nbsp;of bitcoin in reserves or their target market is crypto users.</p>\n<p>These companies include:</p>\n<ul>\n <li>Silvergate Capital</li>\n <li>MicroStrategy</li>\n <li>Square</li>\n <li>Riot Blockchain</li>\n <li>Nvidia</li>\n <li>Argo Blockchain</li>\n <li>MGT Capital Investments</li>\n <li>BitFarms</li>\n <li>Diginex</li>\n <li>Hut 8 Mining</li>\n <li>Voyager Digital</li>\n <li>Canaan Creative</li>\n</ul>\n<p>This generally means that when bitcoin’s price is performing well these stocks also tend to perform well, and vice versa. Recently, JPMorgan launched a new financial product called the “Cryptocurrency Exposure Basket” – a debt instrument linked to leading crypto focused companies that allows investors to gain indirect exposure to bitcoin and the altcoin market.</p>\n<p><b>Stocks that trade closest to BTC</b></p>\n<p>According to data from&nbsp;Morningstar, 2020 was a record year for the world’s largest cryptocurrency in terms of its correlated performance to traditional equities.</p>\n<p>Correlation is the measure of the relationship between two or more items. In this case, it’s used to measure the relationship between the price movements of two markets. There are several methods to calculate correlation, though the Pearson Product-Moment Correlation Coefficient (PPMCC) is the preferred method for measuring similarities between different financial assets. The PPMCC&nbsp; is measured between 1.0 and -1.0. The closer the value is to -1.0, the less correlated the two assets are; the closer the value is to 1.0, the more correlated are the two assets.</p>\n<p>For anyone interested to know how PPMCC is calculated, here’s the equation: ρxy = Cov(x,y) / σxσy</p>\n<p>Where ρxy = Pearson product-moment correlation coefficient</p>\n<p>Cov(x,y) = covariance of variables x and y</p>\n<p>σx = standard deviation of x</p>\n<p>σy = standard deviation of y</p>\n<p>The chart below illustrates a clear rise in correlation between bitcoin and a range of traditional financial markets, including the S&amp;P 500, gold, oil and U.S. bonds.</p>\n<p>The highest correlation between bitcoin and the stock market is theS&amp;P 500– an index of the largest 500 companies in the United States – with a value of 0.22. This is most likely due to a rise in&nbsp;institutional investmentent&nbsp;ering the crypto market and large players adding bitcoin to diversify their&nbsp;portfolios. When either market rises or falls it presumably creates a knock-on effect that spreads to other markets.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9de454a64c981203825b80d19bcbc41e\" tg-width=\"1200\" tg-height=\"335\"><span>Chart by Morningstar showing bitcoin correlation to stocks and commodities. Source: Morningstar/Nasdaq/VanEck</span></p>\n<p>The highest correlation overall is between bitcoin and gold, two popular “safe haven” assets that have historically risen in tandem during times of economic uncertainty. Bitcoin has often been touted as “digital gold” due to its scarce, limited supply. However, its high volatility and wild price swings make it far more risky and unpredictable. That being said, bitcoin has generated substantially higher returns year on year compared to&nbsp;gold.</p>","source":"lsy1572937250936","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 Not a Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Is Not a Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 13:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.coindesk.com/bitcoin-is-not-a-stock><strong>coindesk</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Seems obvious, right? Well, there’s a common misconception among new crypto market participants that bitcoin is a company stock. While its price activity can correlate with traditional markets on ...</p>\n\n<a href=\"https://www.coindesk.com/bitcoin-is-not-a-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","GBTC":"Grayscale Bitcoin Trust","SQ":"Block","NVDA":"英伟达","VYGVF":"Voyager Digital Ltd.","EQOS":"EQONEX","MSTR":"MicroStrategy Incorporated","CAN":"嘉楠科技","MGTI":"MGT Capital Investments, Inc.","BFARF":"Bitfarms Ltd.","ARBKF":"Argo Blockchain Plc"},"source_url":"https://www.coindesk.com/bitcoin-is-not-a-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159334095","content_text":"Seems obvious, right? Well, there’s a common misconception among new crypto market participants that bitcoin is a company stock. While its price activity can correlate with traditional markets on occasion, it is, in fact, an entirely separate asset class.\nBitcoin is a cryptocurrency– a type of digital asset secured by cryptography that can be used to make electronic payments over the internet or act as a store of value like gold or silver.\nThink of cryptocurrencies as the emails of the currency world. They do not exist in physical form, they can be sent in minutes and they do not require multiple intermediaries to handle the payment.\nUnlike fiat currencies like the U.S dollar or euro that store all card and wire transactions on a central ledger maintained by a single authority, bitcoin and other cryptocurrencies use a technology called “blockchain.” This is a globally distributed ledger that can be maintained and copied by anyone on the planet and ensures total immutability and transparency.\nKey differences between bitcoin and stocksStocks\n\nTraded on traditional stock exchanges such as Nasdaq, London Stock Exchange, Deutsche Börse, etc.\nCan only be traded Monday to Friday. Market opening and closing times vary between stock exchanges\nRegulated financial products\nPurchasers receive share certificates to show legal proof of ownership\nCompanies can produce new shares after publicly launching, though there is a finite limit\nBrokerages maintain their own record of stock trades that they execute on behalf of clients. In the United States, this information is not publicly available unless an investor purchases over 5% of a listed company\n\nBitcoin\n\nTraded on centralized and decentralized crypto exchanges\nCrypto markets do not close so bitcoin can be traded at any time on any day\nBitcoin is not a regulated investment vehicle; however, most international jurisdictions recognize it as property\nPurchasers can hold their own bitcoin or delegate safe storage to third-party custodians\nThere will only ever be 21 million bitcoins. No new coins can be created\nThe Bitcoin blockchain publicly records all transactions and can be viewed or downloaded by anyone at any time\n\nCompany stocks that are tied to bitcoin\nDespite the differences between these two investment options, there are a number of publicly traded companies whose stocks are tied to the performance of bitcoin. This is because the companies are either directly engaged in bitcoin-related activities such as mining,hold a substantial amount of bitcoin in reserves or their target market is crypto users.\nThese companies include:\n\nSilvergate Capital\nMicroStrategy\nSquare\nRiot Blockchain\nNvidia\nArgo Blockchain\nMGT Capital Investments\nBitFarms\nDiginex\nHut 8 Mining\nVoyager Digital\nCanaan Creative\n\nThis generally means that when bitcoin’s price is performing well these stocks also tend to perform well, and vice versa. Recently, JPMorgan launched a new financial product called the “Cryptocurrency Exposure Basket” – a debt instrument linked to leading crypto focused companies that allows investors to gain indirect exposure to bitcoin and the altcoin market.\nStocks that trade closest to BTC\nAccording to data from Morningstar, 2020 was a record year for the world’s largest cryptocurrency in terms of its correlated performance to traditional equities.\nCorrelation is the measure of the relationship between two or more items. In this case, it’s used to measure the relationship between the price movements of two markets. There are several methods to calculate correlation, though the Pearson Product-Moment Correlation Coefficient (PPMCC) is the preferred method for measuring similarities between different financial assets. The PPMCC  is measured between 1.0 and -1.0. The closer the value is to -1.0, the less correlated the two assets are; the closer the value is to 1.0, the more correlated are the two assets.\nFor anyone interested to know how PPMCC is calculated, here’s the equation: ρxy = Cov(x,y) / σxσy\nWhere ρxy = Pearson product-moment correlation coefficient\nCov(x,y) = covariance of variables x and y\nσx = standard deviation of x\nσy = standard deviation of y\nThe chart below illustrates a clear rise in correlation between bitcoin and a range of traditional financial markets, including the S&P 500, gold, oil and U.S. bonds.\nThe highest correlation between bitcoin and the stock market is theS&P 500– an index of the largest 500 companies in the United States – with a value of 0.22. This is most likely due to a rise in institutional investmentent ering the crypto market and large players adding bitcoin to diversify their portfolios. When either market rises or falls it presumably creates a knock-on effect that spreads to other markets.\nChart by Morningstar showing bitcoin correlation to stocks and commodities. Source: Morningstar/Nasdaq/VanEck\nThe highest correlation overall is between bitcoin and gold, two popular “safe haven” assets that have historically risen in tandem during times of economic uncertainty. Bitcoin has often been touted as “digital gold” due to its scarce, limited supply. However, its high volatility and wild price swings make it far more risky and unpredictable. That being said, bitcoin has generated substantially higher returns year on year compared to gold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323569100,"gmtCreate":1615356525900,"gmtModify":1704781596927,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/323569100","repostId":"1195513345","repostType":4,"repost":{"id":"1195513345","pubTimestamp":1615356015,"share":"https://ttm.financial/m/news/1195513345?lang=&edition=fundamental","pubTime":"2021-03-10 14:00","market":"us","language":"en","title":"Why Cathie Wood's 3 Stock Favorites Got a Big Boost From the Market Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1195513345","media":"Motley Fool","summary":"The active ETF manager got a big break from Wall Street.\n\nThe stock market soared on Tuesday, making","content":"<blockquote>\n <b>The active ETF manager got a big break from Wall Street.</b>\n</blockquote>\n<p>The stock market soared on Tuesday, making back lost ground from what's been a tough couple of weeks for many investors, especially those focusing on the high-growth stocks in the<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC). The Nasdaq managed to outpace both the<b>S&amp;P 500</b>(SNPINDEX:^GSPC)and the<b>Dow Jones Industrial Average</b>(DJINDICES:^DJI), but all three finished higher, and the Dow set a new intraday record high before falling back from its best levels of the session.</p>\n<p><img src=\"https://static.tigerbbs.com/8c4f90c680b37bfb6ab2d8ce9d154a1b\" tg-width=\"803\" tg-height=\"249\">One of the investors who's gotten hit hardest by the fallingNasdaqis Cathie Wood, the founder and chief investment officer of popular fund company ARK Invest. Wood's stock picks had been red-hot until the recent market correction. Today, though, her three favorite stocks were back in favor and saw huge gains.</p>\n<p><b>Squaring up</b></p>\n<p><b>Square</b>(NYSE:SQ)is Wood's largest holding in her<b>ARK Fintech Innovation ETF</b>(NYSEMKT:ARKF). Square had been down more than 25% from its recent highs just last month, but the stock picked up ground with an 12% rise on Tuesday.</p>\n<p>The case for Square's core electronic payments network is sound and easy to understand. The company has worked hard to bring key financial services to businesses of all sizes. Wood also likes how Square has embraced cryptocurrencies rather than shying away from their potential application as disruptors to traditional payment systems.</p>\n<p>Strategic moves likeSquare's recent purchase of Tidal, however, take a little more explanation. Square CEO Jack Dorsey believes there's growth potential in creating an ecosystem that resonates with the artist community. It's unclear how that'll play out, but it shows the company's willingness to take risks in surprising directions.</p>\n<p><b>Looking healthier</b></p>\n<p>Meanwhile, in the<b>ARK Genomic Revolution ETF</b>(NYSEMKT:ARKG), you'll find<b>Teladoc Health</b>(NYSE:TDOC)as the biggest holding. Teladoc had taken an even bigger hit, falling about 40% from its highs last month. But Tuesday brought relief in the form of a 9% gain to make back some of those losses.</p>\n<p>Investors have been increasingly wary about stocks that benefited from the stay-at-home mandates of the COVID-19 pandemic. Teladoc went from being a convenience to a necessity during the pandemic, and patients got their first look at what remote medicine might actually look like. Some fear that when the coronavirus crisis is under control, people will simply go back to the old way of doing things andhurt Teladoc's growth.</p>\n<p>That's certainly possible, but the counterargument is that having seen how good remote health services can be, patients might choose to keep using them even when they don't absolutely have to. That makes a share price that's well off its highs look much more attractive, offering a margin of safety for the bull case for Teladoc.</p>\n<p><b>Revving its engines</b></p>\n<p>Finally,&nbsp;<b>Tesla</b>(NASDAQ:TSLA)&nbsp;is by far Wood's favorite stock, as it's the top holding in three different ARK Invest funds.<b>ARK Next Generation Internet ETF</b>(NYSEMKT:ARKW),<b>ARK Autonomous Technology &amp; Robotics ETF</b>(NYSEMKT:ARKQ), and the landmark<b>ARK Innovation ETF</b>(NYSEMKT:ARKK)all have Tesla prominently featured, with as much as 10% of fund assets in the electric automaker's stock. Tesla shares had been down roughly 35% at their worst levels, but a nearly 20% rise on Tuesday added a full $110 back to the stock price.</p>\n<p>One source of optimism about Teslacame from Wall Street analysts. Wedbush issued a new price target of $950 per share, which represented a nearly 70% rise from Monday's closing price of $563. Analyst company New Street upgraded the stock to buy from neutral, setting a $900 price target. Both see good things for the automaker in the next few years, including higher deliveries and opportunities in big markets like China.</p>\n<p>Tesla promises to remain volatile for the foreseeable future. Yet Wood sees Tesla at the forefront of key technological advances in autonomous driving and energy storage, and that could keep interest in the automaker's stock high for a long time.</p>\n<p><b>Getting back on track</b></p>\n<p>Obviously, one day doesn't say anything about the long-term direction of any investment, and today's gains didn't claw back all the losses that these three stocks have suffered in recent weeks. Nevertheless, Tuesday's bounce does show that investors still have confidence in the companies that made it into Wood's portfolio, and many fully expect further increases in share prices for Square, Teladoc, and Tesla far into the future.</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>Why Cathie Wood's 3 Stock Favorites Got a Big Boost From the Market Tuesday</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\">\nWhy Cathie Wood's 3 Stock Favorites Got a Big Boost From the Market Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 14:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/09/why-cathie-woods-3-stock-favorites-got-a-big-boost/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The active ETF manager got a big break from Wall Street.\n\nThe stock market soared on Tuesday, making back lost ground from what's been a tough couple of weeks for many investors, especially those ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/09/why-cathie-woods-3-stock-favorites-got-a-big-boost/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","ARKW":"ARK Next Generation Internation ETF","ARKF":"ARK Fintech Innovation ETF","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF","ARKK":"ARK Innovation ETF","TDOC":"Teladoc Health Inc.","ARKQ":"ARK Autonomous Technology & Robotics ETF"},"source_url":"https://www.fool.com/investing/2021/03/09/why-cathie-woods-3-stock-favorites-got-a-big-boost/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195513345","content_text":"The active ETF manager got a big break from Wall Street.\n\nThe stock market soared on Tuesday, making back lost ground from what's been a tough couple of weeks for many investors, especially those focusing on the high-growth stocks in theNasdaq Composite(NASDAQINDEX:^IXIC). The Nasdaq managed to outpace both theS&P 500(SNPINDEX:^GSPC)and theDow Jones Industrial Average(DJINDICES:^DJI), but all three finished higher, and the Dow set a new intraday record high before falling back from its best levels of the session.\nOne of the investors who's gotten hit hardest by the fallingNasdaqis Cathie Wood, the founder and chief investment officer of popular fund company ARK Invest. Wood's stock picks had been red-hot until the recent market correction. Today, though, her three favorite stocks were back in favor and saw huge gains.\nSquaring up\nSquare(NYSE:SQ)is Wood's largest holding in herARK Fintech Innovation ETF(NYSEMKT:ARKF). Square had been down more than 25% from its recent highs just last month, but the stock picked up ground with an 12% rise on Tuesday.\nThe case for Square's core electronic payments network is sound and easy to understand. The company has worked hard to bring key financial services to businesses of all sizes. Wood also likes how Square has embraced cryptocurrencies rather than shying away from their potential application as disruptors to traditional payment systems.\nStrategic moves likeSquare's recent purchase of Tidal, however, take a little more explanation. Square CEO Jack Dorsey believes there's growth potential in creating an ecosystem that resonates with the artist community. It's unclear how that'll play out, but it shows the company's willingness to take risks in surprising directions.\nLooking healthier\nMeanwhile, in theARK Genomic Revolution ETF(NYSEMKT:ARKG), you'll findTeladoc Health(NYSE:TDOC)as the biggest holding. Teladoc had taken an even bigger hit, falling about 40% from its highs last month. But Tuesday brought relief in the form of a 9% gain to make back some of those losses.\nInvestors have been increasingly wary about stocks that benefited from the stay-at-home mandates of the COVID-19 pandemic. Teladoc went from being a convenience to a necessity during the pandemic, and patients got their first look at what remote medicine might actually look like. Some fear that when the coronavirus crisis is under control, people will simply go back to the old way of doing things andhurt Teladoc's growth.\nThat's certainly possible, but the counterargument is that having seen how good remote health services can be, patients might choose to keep using them even when they don't absolutely have to. That makes a share price that's well off its highs look much more attractive, offering a margin of safety for the bull case for Teladoc.\nRevving its engines\nFinally, Tesla(NASDAQ:TSLA) is by far Wood's favorite stock, as it's the top holding in three different ARK Invest funds.ARK Next Generation Internet ETF(NYSEMKT:ARKW),ARK Autonomous Technology & Robotics ETF(NYSEMKT:ARKQ), and the landmarkARK Innovation ETF(NYSEMKT:ARKK)all have Tesla prominently featured, with as much as 10% of fund assets in the electric automaker's stock. Tesla shares had been down roughly 35% at their worst levels, but a nearly 20% rise on Tuesday added a full $110 back to the stock price.\nOne source of optimism about Teslacame from Wall Street analysts. Wedbush issued a new price target of $950 per share, which represented a nearly 70% rise from Monday's closing price of $563. Analyst company New Street upgraded the stock to buy from neutral, setting a $900 price target. Both see good things for the automaker in the next few years, including higher deliveries and opportunities in big markets like China.\nTesla promises to remain volatile for the foreseeable future. Yet Wood sees Tesla at the forefront of key technological advances in autonomous driving and energy storage, and that could keep interest in the automaker's stock high for a long time.\nGetting back on track\nObviously, one day doesn't say anything about the long-term direction of any investment, and today's gains didn't claw back all the losses that these three stocks have suffered in recent weeks. Nevertheless, Tuesday's bounce does show that investors still have confidence in the companies that made it into Wood's portfolio, and many fully expect further increases in share prices for Square, Teladoc, and Tesla far into the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357390135,"gmtCreate":1617236478427,"gmtModify":1704697580297,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like and comments","listText":"Like and comments","text":"Like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/357390135","repostId":"2124703892","repostType":4,"repost":{"id":"2124703892","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":1617235380,"share":"https://ttm.financial/m/news/2124703892?lang=&edition=fundamental","pubTime":"2021-04-01 08:03","market":"us","language":"en","title":"Biden pledges to buy 24/7 carbon-free electricity pushed by Clean Air Task Force, Google and others","url":"https://stock-news.laohu8.com/highlight/detail?id=2124703892","media":"Dow Jones","summary":"Rachel Koning BealsFederal government, a huge purchaser of power, says it will promote demand-driven","content":"<p>Rachel Koning Beals</p><p>Federal government, a huge purchaser of power, says it will promote demand-driven, regional green electricity use</p><p>Google, Adobe and Hewlett Packard joined environmental groups including the Clean Air Task Force and the Environmental Defense Fund to urge the Biden administration to use its role to force the federal government -- the world's largest electricity customer -- to buy 100% clean electricity, available 24/7 and locally sourced.</p><p>The president included the pledge in Wednesday's infrastructure announcement.</p><p>Read:Biden rolls out $2.3 trillion infrastructure plan: 'It's bold, yes, and we can get it done'</p><p>The approach, which officials at the groups say plays off of President Biden's use of executive powers on climate change early in his administration, promotes decarbonizing electricity consumption in each hour on each regional grid, and securing a 24/7 clean energy supply. Read the letter to the White House .</p><p>The size of the federal government will then promote cleaner power throughout the private sector, the proponents argue. The federal government consumed 53 million megawatt hours of electricity in 2019 but only about 8% to 9% was counted as renewable sources, the Clean Air Task Force says. Overall, the U.S. federal government spends $500 billion on electricity procurement every year, for its Defense department and other uses.</p><p>The Biden administration has set a goal of creating a 100% clean electricity grid by 2035 but details of that plan are still evolving. He has returned the U.S. to the voluntary Paris Climate pact, which aims to cut fossil fuel-linked global greenhouse gas emissions and limit the global temperature increase in this century to no more than 2 degrees Celsius above preindustrial levels.</p><p>The proposal by the Clean Air Task Force and co-writers focuses on how much power is actually being used in real time, an approach that differs from the traditional clean energy procurement approach in place. The current system relies on purchasing electricity from renewables or renewable energy credits from faraway solar and wind projects and still leans heavily on fossil fuels, especially natural gas, when solar and wind are compromised.</p><p>The existing model doesn't provide the right incentives for investment in advanced storage or in carbon-free technologies, as it allows demand to be satisfied by distant energy projects regardless of the time of generation and consumption, the proposal's architects say.</p><p>A broad-based portfolio of energy sources and emissions reducers is considered part of the mix promoted with this plan, including green hydrogen and nuclear energy, as well as carbon capture and advancements in battery storage, which are options often included in bipartisan proposals for updating the power grid, said Lindsey Baxter Griffith, federal policy director with the Clean Air Task Force.</p><p>\"We believe the U.S. government, the largest electricity buyer in the world, has power to move markets,\" said Baxter Griffith.</p><p>Market-based solutions to curbing climate change, including those that lean on technological innovation, remain a key theme of most Republican-led legislative proposals .</p><p>Alphabet's Google <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>, Adobe <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a> and Hewlett Packard Enterprise <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> stand to benefit as they too have pledged to maintain carbon-neutral data centers and other energy-use reductions at their giant operations.</p><p>Google, which since 2017 has been able to match 100% of its global, annual electricity consumption with renewable energy , is also now working to decarbonize its electricity supply entirely and operate on 24/7 carbon-free energy throughout its operations by 2030.</p><p>Michael Terrell, director of energy with Google, told MarketWatch that achieving 24/7 carbon-free electricity didn't seem realistic when charting out the future of energy as recently as 10 years ago. But now hitting that goal by the 2030s, and achieving measurable progress along the way, is reachable. \"We can see the end zone,\" he said, helped in part by more competitive pricing for wind and solar relative to cheaper natural gas.</p><p>The strength of a shared goal between the public and private sectors can't be underestimated and is more likely to achieve bipartisan buy-in, the proponents of the plan say.</p><p>\"If we move collectively as electricity buyers, the market will respond,\" said Terrell. \"And in many ways, the market is already there. There's not a utility in the country that doesn't have a version of a clean energy offering or 'green' tariffs or programs to 'green' their truck fleets.\"</p><p>The proposal by the group, which also includes the Natural Resources Defense Council and The Nature Conservancy, also argued that the regional approach will promote job creation, especially in areas that may need to replace traditional-energy jobs and will allow a more nimble environmental response to historically underserved areas, part of the \"environmental justice\" argument that has gained increasing traction.</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>Biden pledges to buy 24/7 carbon-free electricity pushed by Clean Air Task Force, Google and others</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\">\nBiden pledges to buy 24/7 carbon-free electricity pushed by Clean Air Task Force, Google and others\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\">2021-04-01 08:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Rachel Koning Beals</p><p>Federal government, a huge purchaser of power, says it will promote demand-driven, regional green electricity use</p><p>Google, Adobe and Hewlett Packard joined environmental groups including the Clean Air Task Force and the Environmental Defense Fund to urge the Biden administration to use its role to force the federal government -- the world's largest electricity customer -- to buy 100% clean electricity, available 24/7 and locally sourced.</p><p>The president included the pledge in Wednesday's infrastructure announcement.</p><p>Read:Biden rolls out $2.3 trillion infrastructure plan: 'It's bold, yes, and we can get it done'</p><p>The approach, which officials at the groups say plays off of President Biden's use of executive powers on climate change early in his administration, promotes decarbonizing electricity consumption in each hour on each regional grid, and securing a 24/7 clean energy supply. Read the letter to the White House .</p><p>The size of the federal government will then promote cleaner power throughout the private sector, the proponents argue. The federal government consumed 53 million megawatt hours of electricity in 2019 but only about 8% to 9% was counted as renewable sources, the Clean Air Task Force says. Overall, the U.S. federal government spends $500 billion on electricity procurement every year, for its Defense department and other uses.</p><p>The Biden administration has set a goal of creating a 100% clean electricity grid by 2035 but details of that plan are still evolving. He has returned the U.S. to the voluntary Paris Climate pact, which aims to cut fossil fuel-linked global greenhouse gas emissions and limit the global temperature increase in this century to no more than 2 degrees Celsius above preindustrial levels.</p><p>The proposal by the Clean Air Task Force and co-writers focuses on how much power is actually being used in real time, an approach that differs from the traditional clean energy procurement approach in place. The current system relies on purchasing electricity from renewables or renewable energy credits from faraway solar and wind projects and still leans heavily on fossil fuels, especially natural gas, when solar and wind are compromised.</p><p>The existing model doesn't provide the right incentives for investment in advanced storage or in carbon-free technologies, as it allows demand to be satisfied by distant energy projects regardless of the time of generation and consumption, the proposal's architects say.</p><p>A broad-based portfolio of energy sources and emissions reducers is considered part of the mix promoted with this plan, including green hydrogen and nuclear energy, as well as carbon capture and advancements in battery storage, which are options often included in bipartisan proposals for updating the power grid, said Lindsey Baxter Griffith, federal policy director with the Clean Air Task Force.</p><p>\"We believe the U.S. government, the largest electricity buyer in the world, has power to move markets,\" said Baxter Griffith.</p><p>Market-based solutions to curbing climate change, including those that lean on technological innovation, remain a key theme of most Republican-led legislative proposals .</p><p>Alphabet's Google <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>, Adobe <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a> and Hewlett Packard Enterprise <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> stand to benefit as they too have pledged to maintain carbon-neutral data centers and other energy-use reductions at their giant operations.</p><p>Google, which since 2017 has been able to match 100% of its global, annual electricity consumption with renewable energy , is also now working to decarbonize its electricity supply entirely and operate on 24/7 carbon-free energy throughout its operations by 2030.</p><p>Michael Terrell, director of energy with Google, told MarketWatch that achieving 24/7 carbon-free electricity didn't seem realistic when charting out the future of energy as recently as 10 years ago. But now hitting that goal by the 2030s, and achieving measurable progress along the way, is reachable. \"We can see the end zone,\" he said, helped in part by more competitive pricing for wind and solar relative to cheaper natural gas.</p><p>The strength of a shared goal between the public and private sectors can't be underestimated and is more likely to achieve bipartisan buy-in, the proponents of the plan say.</p><p>\"If we move collectively as electricity buyers, the market will respond,\" said Terrell. \"And in many ways, the market is already there. There's not a utility in the country that doesn't have a version of a clean energy offering or 'green' tariffs or programs to 'green' their truck fleets.\"</p><p>The proposal by the group, which also includes the Natural Resources Defense Council and The Nature Conservancy, also argued that the regional approach will promote job creation, especially in areas that may need to replace traditional-energy jobs and will allow a more nimble environmental response to historically underserved areas, part of the \"environmental justice\" argument that has gained increasing traction.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff7dc206228e5f0b17e2120c141f32db","relate_stocks":{"AIRT":"Air T","GOOG":"谷歌","09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","03086":"华夏纳指","HPE":"慧与科技","GOOGL":"谷歌A","ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124703892","content_text":"Rachel Koning BealsFederal government, a huge purchaser of power, says it will promote demand-driven, regional green electricity useGoogle, Adobe and Hewlett Packard joined environmental groups including the Clean Air Task Force and the Environmental Defense Fund to urge the Biden administration to use its role to force the federal government -- the world's largest electricity customer -- to buy 100% clean electricity, available 24/7 and locally sourced.The president included the pledge in Wednesday's infrastructure announcement.Read:Biden rolls out $2.3 trillion infrastructure plan: 'It's bold, yes, and we can get it done'The approach, which officials at the groups say plays off of President Biden's use of executive powers on climate change early in his administration, promotes decarbonizing electricity consumption in each hour on each regional grid, and securing a 24/7 clean energy supply. Read the letter to the White House .The size of the federal government will then promote cleaner power throughout the private sector, the proponents argue. The federal government consumed 53 million megawatt hours of electricity in 2019 but only about 8% to 9% was counted as renewable sources, the Clean Air Task Force says. Overall, the U.S. federal government spends $500 billion on electricity procurement every year, for its Defense department and other uses.The Biden administration has set a goal of creating a 100% clean electricity grid by 2035 but details of that plan are still evolving. He has returned the U.S. to the voluntary Paris Climate pact, which aims to cut fossil fuel-linked global greenhouse gas emissions and limit the global temperature increase in this century to no more than 2 degrees Celsius above preindustrial levels.The proposal by the Clean Air Task Force and co-writers focuses on how much power is actually being used in real time, an approach that differs from the traditional clean energy procurement approach in place. The current system relies on purchasing electricity from renewables or renewable energy credits from faraway solar and wind projects and still leans heavily on fossil fuels, especially natural gas, when solar and wind are compromised.The existing model doesn't provide the right incentives for investment in advanced storage or in carbon-free technologies, as it allows demand to be satisfied by distant energy projects regardless of the time of generation and consumption, the proposal's architects say.A broad-based portfolio of energy sources and emissions reducers is considered part of the mix promoted with this plan, including green hydrogen and nuclear energy, as well as carbon capture and advancements in battery storage, which are options often included in bipartisan proposals for updating the power grid, said Lindsey Baxter Griffith, federal policy director with the Clean Air Task Force.\"We believe the U.S. government, the largest electricity buyer in the world, has power to move markets,\" said Baxter Griffith.Market-based solutions to curbing climate change, including those that lean on technological innovation, remain a key theme of most Republican-led legislative proposals .Alphabet's Google $(GOOGL)$, Adobe $(ADBE)$ and Hewlett Packard Enterprise $(HPE)$ stand to benefit as they too have pledged to maintain carbon-neutral data centers and other energy-use reductions at their giant operations.Google, which since 2017 has been able to match 100% of its global, annual electricity consumption with renewable energy , is also now working to decarbonize its electricity supply entirely and operate on 24/7 carbon-free energy throughout its operations by 2030.Michael Terrell, director of energy with Google, told MarketWatch that achieving 24/7 carbon-free electricity didn't seem realistic when charting out the future of energy as recently as 10 years ago. But now hitting that goal by the 2030s, and achieving measurable progress along the way, is reachable. \"We can see the end zone,\" he said, helped in part by more competitive pricing for wind and solar relative to cheaper natural gas.The strength of a shared goal between the public and private sectors can't be underestimated and is more likely to achieve bipartisan buy-in, the proponents of the plan say.\"If we move collectively as electricity buyers, the market will respond,\" said Terrell. \"And in many ways, the market is already there. There's not a utility in the country that doesn't have a version of a clean energy offering or 'green' tariffs or programs to 'green' their truck fleets.\"The proposal by the group, which also includes the Natural Resources Defense Council and The Nature Conservancy, also argued that the regional approach will promote job creation, especially in areas that may need to replace traditional-energy jobs and will allow a more nimble environmental response to historically underserved areas, part of the \"environmental justice\" argument that has gained increasing traction.","news_type":1},"isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320527059,"gmtCreate":1615160946171,"gmtModify":1704778918558,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/320527059","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://ttm.financial/m/news/1169596583?lang=&edition=fundamental","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5)&nbsp;Palantir plunged more than 13%.","content":"<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir plunged more than 13%</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\">\nPalantir plunged more than 13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-05 23:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169596583","content_text":"(March 5) Palantir plunged more than 13%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354363680,"gmtCreate":1617144921440,"gmtModify":1704696300127,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Help me like and comments old. Thank you","listText":"Help me like and comments old. Thank you","text":"Help me like and comments old. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/354363680","repostId":"1130322587","repostType":4,"repost":{"id":"1130322587","pubTimestamp":1617117829,"share":"https://ttm.financial/m/news/1130322587?lang=&edition=fundamental","pubTime":"2021-03-30 23:23","market":"fut","language":"en","title":"Gold falls below the $1,700 benchmark","url":"https://stock-news.laohu8.com/highlight/detail?id=1130322587","media":"seekingalpha","summary":"Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down","content":"<p>Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark&nbsp;-1.53%. Gold is down&nbsp;-11.72%&nbsp;YTD and&nbsp;-18.51%&nbsp;since early August of 2020.</p><p>Interestingly enough, bitcoin (BTC-USD), on the other hand, is&nbsp;+1.50%&nbsp;on the day and is&nbsp;+102.88%&nbsp;YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.</p><p>This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over&nbsp;300.00%&nbsp;to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over&nbsp;-7.00%&nbsp;to the downside.</p><p>While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the&nbsp;vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.</p><p>Below is a YTD chart of the performance on gold and bitcoin.</p><p><img src=\"https://static.tigerbbs.com/a204efa6aa1c1a89a34f9ff928318c57\" tg-width=\"624\" tg-height=\"321\" referrerpolicy=\"no-referrer\">For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).</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>Gold falls below the $1,700 benchmark</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\">\nGold falls below the $1,700 benchmark\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-30 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down -11.72% YTD and -18.51% since early August of 2020.Interestingly enough, bitcoin (BTC-USD), on the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/4be30a3c11bd91e9d1f864c6a098fab1","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3677654-gold-falls-below-the-1700-benchmark","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130322587","content_text":"Gold continues to drop in Tuesday's trading, falling below the $1,700 watermark -1.53%. Gold is down -11.72% YTD and -18.51% since early August of 2020.Interestingly enough, bitcoin (BTC-USD), on the other hand, is +1.50% on the day and is +102.88% YTD. Some investors see the digital currency stealing market share from gold as investors have chosen the cryptocurrency over gold of late.This inverse relationship between gold and bitcoin is not a first-time offense. Dating back to the fourth quarter of 2017, bitcoin ran up over 300.00% to its then all-time high of $19,458 back on December 18th. During that time, investors saw gold slide over -7.00% to the downside.While it's possible that bitcoin may be stealing a portion of gold's market share, there are still other significant factors at play. The fact that the vaccine rollout continues to strengthen and virus impacts subside doesn't play well for the haven asset.Below is a YTD chart of the performance on gold and bitcoin.For investors looking to learn more about the value of gold, here are a few exchange traded funds worth examining: SPDR Gold Trust ETF(NYSEARCA:GLD), VanEck Vectors Gold Miners ETF(NYSEARCA:GDX), Aberdeen Standard Physical Gold Shares ETF(NYSEARCA:SGOL), and iShares Gold Trust ETF(NYSEARCA:IAU).","news_type":1},"isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353973661,"gmtCreate":1616458551753,"gmtModify":1704794294611,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Buy buy buy!!","listText":"Buy buy buy!!","text":"Buy buy buy!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353973661","repostId":"2121120348","repostType":4,"repost":{"id":"2121120348","pubTimestamp":1616427011,"share":"https://ttm.financial/m/news/2121120348?lang=&edition=fundamental","pubTime":"2021-03-22 23:30","market":"us","language":"en","title":"Why AMC, GameStop, and Sundial Are 3 of the Worst Stocks to Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2121120348","media":"Motley Fool ","summary":"Don't let the Reddit frenzy lure you into buying terrible businesses.","content":"<p>Don't let the Reddit frenzy lure you into buying terrible businesses.</p>\n<p>Whether you're a relatively new investor or someone who's been putting your money to work in the market for five decades, there's always something new or unforeseen happening that keeps things interesting.</p>\n<p>In 2021, it's been the rise of the Reddit trader.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/77f6df9d5cb2415372006deee1d65d6d\" tg-width=\"2000\" tg-height=\"1333\"><span>Image source: Getty Images.</span></p>\n<p>Beginning in mid-January, retail investors -- mostly millennials who are relatively new to investing -- on Reddit's WallStreetBets (WSB) community chatroom began banding together to buy shares and out-of-the-money call options in highly short-sold stocks. Short-sellers are investors who are betting against a stock and hoping for its share price to decline. Since gains are capped at 100% while losses are unlimited, short-sellers tend not to stick around if a stock begins to gain a lot of upside momentum.</p>\n<p>Reddit's WSB community was able to effect short squeezes in dozens of short-sold stocks. In order for short-sellers to exit their positions, they must buy to cover. Buying stock only exacerbates the runaway train effect to the upside.</p>\n<p>Since mid-January, movie theater chain&nbsp;<b>AMC Entertainment</b> (NYSE:AMC), video game and accessories retailer&nbsp;<b>GameStop</b> (NYSE:GME), and Canadian marijuana stock&nbsp;<b>Sundial Growers</b> (NASDAQ:SNDL) have been the three most-popular plays of Reddit's retail investors. Unfortunately, they're also three of the worst stocks money can buy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bee505c562dafe3e29f86496a282e43d\" tg-width=\"700\" tg-height=\"470\"><span>Image source: Getty Images.</span></p>\n<p><b>Here's why it could be lights-out for AMC</b></p>\n<p>AMC's popularity has to do with its perceived-to-be low share price, as well as the reopening of 99% of its theaters by March 26, according to the company. As many folks have also pointed out to me on social media, technical analysis (i.e., chart patterns) is also driving interest.</p>\n<p>However, none of these catalysts offers true substance.</p>\n<p>For instance, AMC Entertainment was on the verge of bankruptcy in mid-January, and was ultimately saved by issuing close to 165 million new shares of stock and taking on over $400 million in debt capital. The company may have more than $1 billion in cash on hand now, but it's facing aggregate operating losses over the next two years that, by Wall Street's consensus, will come in around a median of $1.7 billion. This is a fancy way of saying that AMC Entertainment almost certainly doesn't have enough cash to make it through the next 12-to-24 months, based on projected losses.</p>\n<p>Another thing to keep in mind is that AMC's theaters reopening doesn't mean things are back to normal. A vast majority of its theaters will be operating at limited capacity, and there's always the possibility that coronavirus variants lead to certain cities, counties, or states scaling back their reopening plans.</p>\n<p>But maybe the biggest slap in the face for shareholders is that AMC executives pocketed $8.3 million in bonuses just a month after stepping back from the bankruptcy ledge for their \"extraordinary efforts\" to keep AMC afloat during these challenging times.</p>\n<p>If you still need <a href=\"https://laohu8.com/S/AONE\">one</a> more damning reason to avoid AMC like the plague, here it is: The model is being disrupted. Both&nbsp;<b>AT&amp;T</b>'s WarnerMedia and&nbsp;<b>Walt Disney</b>&nbsp;are releasing new movies in 2021 on their respective streaming platforms (HBO Max and Disney+) the same day they'll hit theaters. The growth heyday for movie chains is over, and so are AMC's chances for success, in my view.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cd041c3c1a321e640648ee5c35dd06e\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p><b>Game over for GameStop?</b></p>\n<p>Even though it's the stock that began the Reddit frenzy, GameStop is not a company that any investors should desire to own at its current valuation.</p>\n<p>The primary buy thesis for GameStop has been its high level of short interest. When the short squeeze began in mid-January, the company's short interest, relative to float, was by far the highest on Wall Street. It's come down substantially since then, but GameStop's share price has not.</p>\n<p>If I could grasp at straws and perhaps find <a href=\"https://laohu8.com/S/AONE.U\">one</a> shred of good news to share, it's that the company's e-commerce sales have been soaring of late. During the 2020 holiday season, digital gaming sales rose by 309%. But here's the kicker: Even with a more-than-quadrupling in e-commerce sales, total sales during the holiday season still declined by 3.1%. That's primarily because GameStop shuttered 11% of its stores between the 2019 and 2020 holiday seasons.</p>\n<p>The plain-as-day issue here is that GameStop waited far too long to shift its operating focus to digital gaming. With fewer people trading in or buying used games, which used to be GameStop's high-margin, bread-and-butter growth driver, GameStop's only recourse is to attempt to backpedal its way back into the profit column. This means closing hundreds of stores annually to reduce expenses. But in spite of these precipitous closures, GameStop is likely looking at its fourth-consecutive annual loss in 2021.</p>\n<p>While it may not be game over for GameStop, the company's glory days are long gone. Its market cap today is roughly two times higher than its previous all-time high set back in 2007. The thing is, revenue has gone nowhere, and the company has pushed from recurring profits to ongoing losses. There's no way to logically justify this valuation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/084d89ada48e3614d1b0f7ca9fd0aa9c\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Getty Images.</span></p>\n<p><b>Sundial might go up in smoke</b></p>\n<p>Finally, there's Sundial Growers, which I believe is the worst marijuana stock money can buy.</p>\n<p>Similar to GameStop and AMC, Sundial has been buoyed by the Reddit crowd for its high short interest and the lure of its penny stock share price. Canadian pot stocks have also received a boost following the election of Joe Biden as President and Democrats retaking the Senate by the slimmest of majorities. There's hope that cannabis legalization in the U.S. would allow Canadian players like Sundial to enter the more lucrative U.S. market.</p>\n<p>But if there's one thing tenured investors are acutely familiar with, it's that next-big-thing investments always have losers. Sundial looks like one of those losing investment.</p>\n<p>To begin with, Sundial just might be the worst share-based diluter I've seen in years. Since the end of September, Sundial has boosted its cash on hand to $719 million Canadian, but has done so by issuing more than 1.15 billion shares (yes, with a 'b') through a combination of direct share offerings, debt-to-equity swaps, and at-the-market issuances. Were this not enough, its board approved another $1 billion (that's U.S.) mixed-shelf offering. In theory, Sundial could issue hundreds of millions of additional shares.</p>\n<p>Because of its 1.66 billion outstanding shares, Sundial has virtually no chance of ever generating a meaningful per-share profit, and it probably runs the risk of being delisted if it falls back below $1 a share. Sundial could enact a reverse split to bump up its share price and shrink its outstanding share count, but companies that utilize reverse splits are historically viewed as struggling businesses.</p>\n<p>What's more, Sundial isn't anywhere near profitability, and investors are paying close to $1.9 billion for it, excluding cash. That's close to 38 times sales for a company that's lagging the vast majority of its Canadian and U.S. peers.</p>\n<p>AMC, GameStop, and Sundial might be today's buzzy stocks, but they lack substance and have little long-term staying power. That makes all three terrible buys.</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>Why AMC, GameStop, and Sundial Are 3 of the Worst Stocks to Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMC, GameStop, and Sundial Are 3 of the Worst Stocks to Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/22/amc-gamestop-and-sundial-3-of-worst-stocks-to-buy/><strong>Motley Fool </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Don't let the Reddit frenzy lure you into buying terrible businesses.\nWhether you're a relatively new investor or someone who's been putting your money to work in the market for five decades, there's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/22/amc-gamestop-and-sundial-3-of-worst-stocks-to-buy/\">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","SNDL":"SNDL Inc.","GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/03/22/amc-gamestop-and-sundial-3-of-worst-stocks-to-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121120348","content_text":"Don't let the Reddit frenzy lure you into buying terrible businesses.\nWhether you're a relatively new investor or someone who's been putting your money to work in the market for five decades, there's always something new or unforeseen happening that keeps things interesting.\nIn 2021, it's been the rise of the Reddit trader.\nImage source: Getty Images.\nBeginning in mid-January, retail investors -- mostly millennials who are relatively new to investing -- on Reddit's WallStreetBets (WSB) community chatroom began banding together to buy shares and out-of-the-money call options in highly short-sold stocks. Short-sellers are investors who are betting against a stock and hoping for its share price to decline. Since gains are capped at 100% while losses are unlimited, short-sellers tend not to stick around if a stock begins to gain a lot of upside momentum.\nReddit's WSB community was able to effect short squeezes in dozens of short-sold stocks. In order for short-sellers to exit their positions, they must buy to cover. Buying stock only exacerbates the runaway train effect to the upside.\nSince mid-January, movie theater chain AMC Entertainment (NYSE:AMC), video game and accessories retailer GameStop (NYSE:GME), and Canadian marijuana stock Sundial Growers (NASDAQ:SNDL) have been the three most-popular plays of Reddit's retail investors. Unfortunately, they're also three of the worst stocks money can buy.\nImage source: Getty Images.\nHere's why it could be lights-out for AMC\nAMC's popularity has to do with its perceived-to-be low share price, as well as the reopening of 99% of its theaters by March 26, according to the company. As many folks have also pointed out to me on social media, technical analysis (i.e., chart patterns) is also driving interest.\nHowever, none of these catalysts offers true substance.\nFor instance, AMC Entertainment was on the verge of bankruptcy in mid-January, and was ultimately saved by issuing close to 165 million new shares of stock and taking on over $400 million in debt capital. The company may have more than $1 billion in cash on hand now, but it's facing aggregate operating losses over the next two years that, by Wall Street's consensus, will come in around a median of $1.7 billion. This is a fancy way of saying that AMC Entertainment almost certainly doesn't have enough cash to make it through the next 12-to-24 months, based on projected losses.\nAnother thing to keep in mind is that AMC's theaters reopening doesn't mean things are back to normal. A vast majority of its theaters will be operating at limited capacity, and there's always the possibility that coronavirus variants lead to certain cities, counties, or states scaling back their reopening plans.\nBut maybe the biggest slap in the face for shareholders is that AMC executives pocketed $8.3 million in bonuses just a month after stepping back from the bankruptcy ledge for their \"extraordinary efforts\" to keep AMC afloat during these challenging times.\nIf you still need one more damning reason to avoid AMC like the plague, here it is: The model is being disrupted. Both AT&T's WarnerMedia and Walt Disney are releasing new movies in 2021 on their respective streaming platforms (HBO Max and Disney+) the same day they'll hit theaters. The growth heyday for movie chains is over, and so are AMC's chances for success, in my view.\nImage source: Getty Images.\nGame over for GameStop?\nEven though it's the stock that began the Reddit frenzy, GameStop is not a company that any investors should desire to own at its current valuation.\nThe primary buy thesis for GameStop has been its high level of short interest. When the short squeeze began in mid-January, the company's short interest, relative to float, was by far the highest on Wall Street. It's come down substantially since then, but GameStop's share price has not.\nIf I could grasp at straws and perhaps find one shred of good news to share, it's that the company's e-commerce sales have been soaring of late. During the 2020 holiday season, digital gaming sales rose by 309%. But here's the kicker: Even with a more-than-quadrupling in e-commerce sales, total sales during the holiday season still declined by 3.1%. That's primarily because GameStop shuttered 11% of its stores between the 2019 and 2020 holiday seasons.\nThe plain-as-day issue here is that GameStop waited far too long to shift its operating focus to digital gaming. With fewer people trading in or buying used games, which used to be GameStop's high-margin, bread-and-butter growth driver, GameStop's only recourse is to attempt to backpedal its way back into the profit column. This means closing hundreds of stores annually to reduce expenses. But in spite of these precipitous closures, GameStop is likely looking at its fourth-consecutive annual loss in 2021.\nWhile it may not be game over for GameStop, the company's glory days are long gone. Its market cap today is roughly two times higher than its previous all-time high set back in 2007. The thing is, revenue has gone nowhere, and the company has pushed from recurring profits to ongoing losses. There's no way to logically justify this valuation.\nImage source: Getty Images.\nSundial might go up in smoke\nFinally, there's Sundial Growers, which I believe is the worst marijuana stock money can buy.\nSimilar to GameStop and AMC, Sundial has been buoyed by the Reddit crowd for its high short interest and the lure of its penny stock share price. Canadian pot stocks have also received a boost following the election of Joe Biden as President and Democrats retaking the Senate by the slimmest of majorities. There's hope that cannabis legalization in the U.S. would allow Canadian players like Sundial to enter the more lucrative U.S. market.\nBut if there's one thing tenured investors are acutely familiar with, it's that next-big-thing investments always have losers. Sundial looks like one of those losing investment.\nTo begin with, Sundial just might be the worst share-based diluter I've seen in years. Since the end of September, Sundial has boosted its cash on hand to $719 million Canadian, but has done so by issuing more than 1.15 billion shares (yes, with a 'b') through a combination of direct share offerings, debt-to-equity swaps, and at-the-market issuances. Were this not enough, its board approved another $1 billion (that's U.S.) mixed-shelf offering. In theory, Sundial could issue hundreds of millions of additional shares.\nBecause of its 1.66 billion outstanding shares, Sundial has virtually no chance of ever generating a meaningful per-share profit, and it probably runs the risk of being delisted if it falls back below $1 a share. Sundial could enact a reverse split to bump up its share price and shrink its outstanding share count, but companies that utilize reverse splits are historically viewed as struggling businesses.\nWhat's more, Sundial isn't anywhere near profitability, and investors are paying close to $1.9 billion for it, excluding cash. That's close to 38 times sales for a company that's lagging the vast majority of its Canadian and U.S. peers.\nAMC, GameStop, and Sundial might be today's buzzy stocks, but they lack substance and have little long-term staying power. That makes all three terrible buys.","news_type":1},"isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340841324,"gmtCreate":1617377696368,"gmtModify":1704699320338,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Like and comments","listText":"Like and comments","text":"Like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340841324","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Likely Is a Stock Market Crash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320945762,"gmtCreate":1615004871156,"gmtModify":1704778138213,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320945762","repostId":"1169596583","repostType":4,"repost":{"id":"1169596583","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614958557,"share":"https://ttm.financial/m/news/1169596583?lang=&edition=fundamental","pubTime":"2021-03-05 23:35","market":"us","language":"en","title":"Palantir plunged more than 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1169596583","media":"老虎资讯综合","summary":"(March 5)&nbsp;Palantir plunged more than 13%.","content":"<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir plunged more than 13%</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; 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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\">\nPalantir plunged more than 13%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-05 23:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 5)&nbsp;Palantir plunged more than 13%.</p><p><img src=\"https://static.tigerbbs.com/13f756ec57cca85c31b6be070941d7c1\" tg-width=\"1059\" tg-height=\"499\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169596583","content_text":"(March 5) Palantir plunged more than 13%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362755979,"gmtCreate":1614672817791,"gmtModify":1704773821778,"author":{"id":"3572923042290830","authorId":"3572923042290830","name":"Tzewei94","avatar":"https://static.tigerbbs.com/f6adb684d3ea173ba323c27f9954240d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572923042290830","authorIdStr":"3572923042290830"},"themes":[],"htmlText":"Keep it up","listText":"Keep it up","text":"Keep it up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362755979","repostId":"2116564047","repostType":4,"repost":{"id":"2116564047","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1614669709,"share":"https://ttm.financial/m/news/2116564047?lang=&edition=fundamental","pubTime":"2021-03-02 15:21","market":"us","language":"en","title":"Walmart's Flipkart expands grocery sales to more Indian cities","url":"https://stock-news.laohu8.com/highlight/detail?id=2116564047","media":"Reuters","summary":"BENGALURU, March 2 (Reuters) - Walmart-owned Flipkart will sell groceries online in more Indian citi","content":"<p>BENGALURU, March 2 (Reuters) - Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic.</p>\n<p>Flipkart has already expanded online grocery sales to more than 50 Indian cities and intends to reach over 70 locations in the next six months, the company said in a statement on Tuesday.</p>\n<p>The Bengaluru-based firm said its grocery service had grown \"exponentially\" in the past year when many Indians began buying essential supplies online due to the health crisis.</p>\n<p>\"Grocery continues to be <a href=\"https://laohu8.com/S/AONE\">one</a> of the fastest-growing categories,\" said Manish Kumar, senior vice president at Flipkart, adding that the company had seen increased demand for the service from smaller cities in 2020.</p>\n<p>Reliance Industries-owned JioMart last year became the latest big entrant to India's e-grocery market, a sector that also includes Amazon.com Inc , BigBasket and several smaller players. Indian conglomerate Tata is reported to be buying a majority stake in Alibaba-backed BigBasket.</p>\n<p>Reliance, backed by India's richest man, Mukesh Ambani, raised over $20 billion last year from global investors including <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Alphabet's Google for its digital arm, which is expected to support JioMart.</p>\n<p>India's broader retail industry is also witnessing a high-stakes legal battle between Reliance and Jeff Bezos-led Amazon on the Future Group's $3.4 billion sale of its retail assets to Reliance, which Future's partner Amazon is contesting.</p>\n<p>Flipkart's recent expansion has taken its grocery services to big cities including Kolkata, Pune and Ahmedabad, it said.</p>\n<p>\"Grocery is the next big frontier for online shopping and is a key focus area for Flipkart to bring new customers online,\" the company added.</p>\n<p>(Reporting by Sachin Ravikumar in Bengaluru; Editing by Aditya Soni)</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>Walmart's Flipkart expands grocery sales to more Indian cities</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\">\nWalmart's Flipkart expands grocery sales to more Indian cities\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-02 15:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BENGALURU, March 2 (Reuters) - Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic.</p>\n<p>Flipkart has already expanded online grocery sales to more than 50 Indian cities and intends to reach over 70 locations in the next six months, the company said in a statement on Tuesday.</p>\n<p>The Bengaluru-based firm said its grocery service had grown \"exponentially\" in the past year when many Indians began buying essential supplies online due to the health crisis.</p>\n<p>\"Grocery continues to be <a href=\"https://laohu8.com/S/AONE\">one</a> of the fastest-growing categories,\" said Manish Kumar, senior vice president at Flipkart, adding that the company had seen increased demand for the service from smaller cities in 2020.</p>\n<p>Reliance Industries-owned JioMart last year became the latest big entrant to India's e-grocery market, a sector that also includes Amazon.com Inc , BigBasket and several smaller players. Indian conglomerate Tata is reported to be buying a majority stake in Alibaba-backed BigBasket.</p>\n<p>Reliance, backed by India's richest man, Mukesh Ambani, raised over $20 billion last year from global investors including <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Alphabet's Google for its digital arm, which is expected to support JioMart.</p>\n<p>India's broader retail industry is also witnessing a high-stakes legal battle between Reliance and Jeff Bezos-led Amazon on the Future Group's $3.4 billion sale of its retail assets to Reliance, which Future's partner Amazon is contesting.</p>\n<p>Flipkart's recent expansion has taken its grocery services to big cities including Kolkata, Pune and Ahmedabad, it said.</p>\n<p>\"Grocery is the next big frontier for online shopping and is a key focus area for Flipkart to bring new customers online,\" the company added.</p>\n<p>(Reporting by Sachin Ravikumar in Bengaluru; Editing by Aditya Soni)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/111463f6b626439959d1ab0193269853","relate_stocks":{"WMT":"沃尔玛","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116564047","content_text":"BENGALURU, March 2 (Reuters) - Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic.\nFlipkart has already expanded online grocery sales to more than 50 Indian cities and intends to reach over 70 locations in the next six months, the company said in a statement on Tuesday.\nThe Bengaluru-based firm said its grocery service had grown \"exponentially\" in the past year when many Indians began buying essential supplies online due to the health crisis.\n\"Grocery continues to be one of the fastest-growing categories,\" said Manish Kumar, senior vice president at Flipkart, adding that the company had seen increased demand for the service from smaller cities in 2020.\nReliance Industries-owned JioMart last year became the latest big entrant to India's e-grocery market, a sector that also includes Amazon.com Inc , BigBasket and several smaller players. Indian conglomerate Tata is reported to be buying a majority stake in Alibaba-backed BigBasket.\nReliance, backed by India's richest man, Mukesh Ambani, raised over $20 billion last year from global investors including Facebook and Alphabet's Google for its digital arm, which is expected to support JioMart.\nIndia's broader retail industry is also witnessing a high-stakes legal battle between Reliance and Jeff Bezos-led Amazon on the Future Group's $3.4 billion sale of its retail assets to Reliance, which Future's partner Amazon is contesting.\nFlipkart's recent expansion has taken its grocery services to big cities including Kolkata, Pune and Ahmedabad, it said.\n\"Grocery is the next big frontier for online shopping and is a key focus area for Flipkart to bring new customers online,\" the company added.\n(Reporting by Sachin Ravikumar in Bengaluru; Editing by Aditya Soni)","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}