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Targarean

Targarean

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03-30

Certainly good with the AI boom and broader stocks now following suit 🙏

03-27

I would love for meme stocks to make a comeback. Still bag holding 😅

03-26

A repeat of the meme frenzy. Version 2.0

Reddit: Don't Buy The Hype?

03-24

This goes to show we can all be analysts. Throw a dart on the board and pick a number. And if we're far off, just throw again and revise our estimates. Easy! 👍🏼

Wall Street Revamps 2024 S&P 500 Targets after Record-Setting Stock-Market Rally

03-17

Interesting principle but too simplistic

03-10

Seeking Alpha is bs. Keeps contradicting itself. In another article, it said it has always been bullish on-Apple and in this one, it claims otgerwise. Don't trust articles by them https://tigr.link/6OMmTc

Apple: Losing Its Mojo?

03-08

Seems like the writer missed out on buying Nvidia 😂

Investing in Nvidia Stock: Strategic Genius or High-Stakes Gamble?

03-07

I would do the safest thing and apply equal allocation to the 7 stocks 💪🏼

02-29

Is this a joke?! Has you seen the EPS of AMD vs Nvidia?! Totally no comparison

AMD Could Soon Have Its "Nvidia Moment"

02-12

Ultimately, its still to do our own due diligence vefore buying @JenneyJJ

02-12

Drogon

02-11

This is awesome. Love Game of Thrones and dragons

2023-12-13

$CHINA TOWER(00788)$

2023-11-29

RIP, Charlie 🙏

Charlie Munger, Buffett’s Right Hand Man, Dies at 99

2023-11-25

Yeah, SeekingAlpha is full of BS

6 AI Stocks I'm Thankful For

2023-11-10

Hear hear

Tesla Stock Can Drop 34%? Here Is Why the Analyst Say That

2023-10-10

Very backward looking talking about iPhone 14 when the 15 is selling like hotcakes

1 FAANG Stock That's a No-Brainer Buy in October and 1 to Avoid Like the Plague

2023-09-29

Can't find any articles that Ray Dalio repurchased BABA shares after liquidating everything in 2022. Nothing in the latest 13F either. This writer is full of xxx?

Sorry, the original content has been removed

2023-09-27

LOL! Is this a joke??!

Fortune’s Forecast: Top 3 Stocks Set to Dominate the Next Decade

2023-03-16

Yes

@Keeley:$AMC Entertainment(AMC)$ #AMC Price playing out nicely as analyzed last week, giving us a 27.91% move to the downside, filling the fair value gap. I'm expecting some kind of bullish retracement before we take the lows at 3.23. https://www.tradingview.com/chart/AMC/8javEQU4-AMC-Analysis/

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good with the AI boom and broader stocks now following suit 🙏","listText":"Certainly good with the AI boom and broader stocks now following suit 🙏","text":"Certainly good with the AI boom and broader stocks now following suit 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289899436736648","isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":288842888650888,"gmtCreate":1711542740635,"gmtModify":1711542747139,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"I would love for meme stocks to make a comeback. Still bag holding 😅","listText":"I would love for meme stocks to make a comeback. Still bag holding 😅","text":"I would love for meme stocks to make a comeback. Still bag holding 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288842888650888","isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":288480039080256,"gmtCreate":1711462438625,"gmtModify":1711462442266,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"A repeat of the meme frenzy. Version 2.0","listText":"A repeat of the meme frenzy. Version 2.0","text":"A repeat of the meme frenzy. Version 2.0","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288480039080256","repostId":"2422682405","repostType":2,"repost":{"id":"2422682405","pubTimestamp":1711458000,"share":"https://www.laohu8.com/m/news/2422682405?lang=&edition=full","pubTime":"2024-03-26 21:00","market":"us","language":"en","title":"Reddit: Don't Buy The Hype?","url":"https://stock-news.laohu8.com/highlight/detail?id=2422682405","media":"Seeking Alpha","summary":"$Reddit(RDDT)$ priced its shares at the top of the range for its IPO and saw a 48% increase in share price on its first day of trading.The social media platform is not profitable and has an unimpressi","content":"<html><head></head><body><ul style=\"\"><li><p><a href=\"https://laohu8.com/S/RDDT\">Reddit</a> priced its shares at the top of the range for its IPO and saw a 48% increase in share price on its first day of trading.</p></li><li><p>The social media platform is not profitable and has an unimpressive profitability picture.</p></li><li><p>Reddit has not achieved a profit since 2025 when it was founded.</p></li><li><p>Reddit&#39;s valuation is high with a price-to-revenue ratio of 7.6X and the valuation is likely chiefly driven by IPO hype.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ee072733dfa9c8dd7438efa7285e9740\" alt=\"VPanteon/iStock via Getty Images\" title=\"VPanteon/iStock via Getty Images\" tg-width=\"750\" tg-height=\"438\"/><span>VPanteon/iStock via Getty Images</span></p><p>Reddit (NYSE:RDDT) priced its shares at the top of the range ahead of its Initial Public Offering last week, indicating that the social media platform would get a good reception in the public market. Reddit’s shares soared 48% on their first day of trading, but corrected 9% on Friday, likely on the back of profit taking. However, the social media platform is not profitable, not even on an adjusted EBITDA basis, and the company’s revenue growth rates are not too impressive either. Considering that investors currently pay a massive 7.6X sales for this unprofitable social media business, I believe the risk profile is highly unfavorable and investors may want to sell into the strength!</p><h2 id=\"id_3322721081\">IPO pricing and initial market reaction</h2><p>Reddit is a social media platform that hosts online communities and is very popular with younger users. In December 2023, 76 million users visited Reddit each day, on average. Reddit is most commonly known for a question-answer style communication flow and the company has more than 100k unique communities that users engage in. The social media company mostly makes its money from digital advertising that is placed on Reddit&#39;s online communities.</p><p>Reddit’s IPO has been in the making for a number of years and the firm achieved a massive $10B valuation in 2021. Due to strong investor demand for the company’s shares ahead of the initial public offering, the social media company priced its shares at the top of the range at $34. After Friday&#39;s price drop, Reddit now has a market cap of approximately $7.3B which is quite expensive when the company&#39;s fundamentals are considered.</p><h2 id=\"id_4225293433\">Taking a look at Reddit’s fundamentals</h2><p>Reddit’s financial disclosures ahead of the Initial Public Offering showed that the social network generated $804.0M in revenues in the 2023 fiscal year, showing a year over year growth rate of 21%. The social media company is, however, not profitable based off of either net income or free cash flow and has not turned a profit since it was founded in 2025. Of the $804M in revenues, $788.8M were advertising revenues, also showing 21% year over year growth.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6cdfc2abcf2e3ac8361a9116ee1f5652\" alt=\"Reddit\" title=\"Reddit\" tg-width=\"640\" tg-height=\"407\"/><span>Reddit</span></p><p>As I said, Reddit is not yet profitable, not even on an adjusted EBITDA basis. The social media company generated an adjusted EBITDA loss of $69.3M in FY 2023 which marked a narrowing of losses compared to the previous year. However, investors are unlikely to see positive adjusted EBITDA, or net income, or free cash flow, in FY 2024.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6b383e161de39b5ffa401287a7e4ad77\" alt=\"Reddit\" title=\"Reddit\" tg-width=\"640\" tg-height=\"201\"/><span>Reddit</span></p><h2 id=\"id_747845666\">Investors are likely overpaying for Reddit&#39;s revenue potential</h2><p>Since Reddit has no profits to speak of and also no positive adjusted EBITDA or free cash flow, the only real way to value the social media company is based on its expected revenues. Reddit achieved $804M in revenues last year and may be able to grow its top line at a similar rate as last year, ~20%. This implies a projected top line of $960M in FY 2024 which in turn implies, with a current market cap of $7.3B, a price-to-revenue ratio of 7.6X.</p><p>The closest competitor for Reddit is likely Pinterest (PINS) although this platform is more image-driven than based off of communication threads. Pinterest is projected to achieve a similar top line growth rate than Reddit in FY 2024 (~17%) but shares trade only at 6.4X revenues... and Pinterest is already profitable. In other words, Pinterest is generating positive earnings and cheaper than Reddit which translates, in my opinion, to an unattractive risk profile.</p><p>If Reddit were to be valued at Pinterest&#39;s P/S ratio, then the social media company would have a fair value of $40, implying approximately 13% down-side revaluation potential. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META) is trading at 8.2X FY 2024 revenues and is projected to grow its top line ~17%, but this social media company is also massively free cash flow-profitable. In other words, investors can buy more profitable, more established social media platforms at similar price-to-revenue ratios, implying that investors are currently mostly driven by hype than a sober evaluation of the company&#39;s fundamentals.</p><h2 id=\"id_1548566293\">Risks with Reddit</h2><p>The biggest risk for Reddit relates to the company’s high valuation based off of revenues and its rather unattractive profitability profile. The social media platform is burning through cash -- it had negative free cash flow of $85M in FY 2023 -- and the trajectory is unlikely to fundamentally change in the short term. A down-turn in the digital advertising market, given the lack of revenue diversification, would likely heavily weigh on Reddit&#39;s valuation factor as well!</p><h2 id=\"id_485831384\">Final thoughts</h2><p>Reddit obviously had a quite successful Initial Public Offering with shares soaring 48% on the first day of trading and then extending their gains on Friday. The company now has a market value of $7.3B, but neither positive earnings, adjusted EBITDA or free cash flow. In terms of valuation, Reddit is extremely highly valued and the top line growth rate of 20% is really not that spectacular. As a result, I believe that there is a lot of hype around Reddit that from a fundamentals/investment point of view is not really justified. While speculation may drive Reddit’s share price higher in the short term, the risk profile is quite unattractive, in my opinion, and I would recommend investors to either take profits or stay on the sidelines!</p></body></html>","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>Reddit: Don't Buy The Hype?</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\">\nReddit: Don't Buy The Hype?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-26 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4680365-reddit-stock-valuation-high-take-profits><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Reddit priced its shares at the top of the range for its IPO and saw a 48% increase in share price on its first day of trading.The social media platform is not profitable and has an unimpressive ...</p>\n\n<a href=\"https://seekingalpha.com/article/4680365-reddit-stock-valuation-high-take-profits\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4551":"寇图资本持仓","LU0149725797.USD":"汇丰美国股市经济规模基金","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4548":"巴美列捷福持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0079474960.USD":"联博美国增长基金A","LU0082616367.USD":"摩根大通美国科技A（dist）","RDDT":"Reddit","LU0056508442.USD":"贝莱德世界科技基金A2","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4508":"社交媒体","BK4524":"宅经济概念","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4077":"互动媒体与服务","BK4588":"碎股"},"source_url":"https://seekingalpha.com/article/4680365-reddit-stock-valuation-high-take-profits","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2422682405","content_text":"Reddit priced its shares at the top of the range for its IPO and saw a 48% increase in share price on its first day of trading.The social media platform is not profitable and has an unimpressive profitability picture.Reddit has not achieved a profit since 2025 when it was founded.Reddit's valuation is high with a price-to-revenue ratio of 7.6X and the valuation is likely chiefly driven by IPO hype.VPanteon/iStock via Getty ImagesReddit (NYSE:RDDT) priced its shares at the top of the range ahead of its Initial Public Offering last week, indicating that the social media platform would get a good reception in the public market. Reddit’s shares soared 48% on their first day of trading, but corrected 9% on Friday, likely on the back of profit taking. However, the social media platform is not profitable, not even on an adjusted EBITDA basis, and the company’s revenue growth rates are not too impressive either. Considering that investors currently pay a massive 7.6X sales for this unprofitable social media business, I believe the risk profile is highly unfavorable and investors may want to sell into the strength!IPO pricing and initial market reactionReddit is a social media platform that hosts online communities and is very popular with younger users. In December 2023, 76 million users visited Reddit each day, on average. Reddit is most commonly known for a question-answer style communication flow and the company has more than 100k unique communities that users engage in. The social media company mostly makes its money from digital advertising that is placed on Reddit's online communities.Reddit’s IPO has been in the making for a number of years and the firm achieved a massive $10B valuation in 2021. Due to strong investor demand for the company’s shares ahead of the initial public offering, the social media company priced its shares at the top of the range at $34. After Friday's price drop, Reddit now has a market cap of approximately $7.3B which is quite expensive when the company's fundamentals are considered.Taking a look at Reddit’s fundamentalsReddit’s financial disclosures ahead of the Initial Public Offering showed that the social network generated $804.0M in revenues in the 2023 fiscal year, showing a year over year growth rate of 21%. The social media company is, however, not profitable based off of either net income or free cash flow and has not turned a profit since it was founded in 2025. Of the $804M in revenues, $788.8M were advertising revenues, also showing 21% year over year growth.RedditAs I said, Reddit is not yet profitable, not even on an adjusted EBITDA basis. The social media company generated an adjusted EBITDA loss of $69.3M in FY 2023 which marked a narrowing of losses compared to the previous year. However, investors are unlikely to see positive adjusted EBITDA, or net income, or free cash flow, in FY 2024.RedditInvestors are likely overpaying for Reddit's revenue potentialSince Reddit has no profits to speak of and also no positive adjusted EBITDA or free cash flow, the only real way to value the social media company is based on its expected revenues. Reddit achieved $804M in revenues last year and may be able to grow its top line at a similar rate as last year, ~20%. This implies a projected top line of $960M in FY 2024 which in turn implies, with a current market cap of $7.3B, a price-to-revenue ratio of 7.6X.The closest competitor for Reddit is likely Pinterest (PINS) although this platform is more image-driven than based off of communication threads. Pinterest is projected to achieve a similar top line growth rate than Reddit in FY 2024 (~17%) but shares trade only at 6.4X revenues... and Pinterest is already profitable. In other words, Pinterest is generating positive earnings and cheaper than Reddit which translates, in my opinion, to an unattractive risk profile.If Reddit were to be valued at Pinterest's P/S ratio, then the social media company would have a fair value of $40, implying approximately 13% down-side revaluation potential. Meta Platforms (META) is trading at 8.2X FY 2024 revenues and is projected to grow its top line ~17%, but this social media company is also massively free cash flow-profitable. In other words, investors can buy more profitable, more established social media platforms at similar price-to-revenue ratios, implying that investors are currently mostly driven by hype than a sober evaluation of the company's fundamentals.Risks with RedditThe biggest risk for Reddit relates to the company’s high valuation based off of revenues and its rather unattractive profitability profile. The social media platform is burning through cash -- it had negative free cash flow of $85M in FY 2023 -- and the trajectory is unlikely to fundamentally change in the short term. A down-turn in the digital advertising market, given the lack of revenue diversification, would likely heavily weigh on Reddit's valuation factor as well!Final thoughtsReddit obviously had a quite successful Initial Public Offering with shares soaring 48% on the first day of trading and then extending their gains on Friday. The company now has a market value of $7.3B, but neither positive earnings, adjusted EBITDA or free cash flow. In terms of valuation, Reddit is extremely highly valued and the top line growth rate of 20% is really not that spectacular. As a result, I believe that there is a lot of hype around Reddit that from a fundamentals/investment point of view is not really justified. While speculation may drive Reddit’s share price higher in the short term, the risk profile is quite unattractive, in my opinion, and I would recommend investors to either take profits or stay on the sidelines!","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":287641538560272,"gmtCreate":1711247662691,"gmtModify":1711247666955,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"This goes to show we can all be analysts. Throw a dart on the board and pick a number. And if we're far off, just throw again and revise our estimates. Easy! 👍🏼","listText":"This goes to show we can all be analysts. Throw a dart on the board and pick a number. And if we're far off, just throw again and revise our estimates. Easy! 👍🏼","text":"This goes to show we can all be analysts. Throw a dart on the board and pick a number. And if we're far off, just throw again and revise our estimates. Easy! 👍🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/287641538560272","repostId":"2421907337","repostType":2,"repost":{"id":"2421907337","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":1711240272,"share":"https://www.laohu8.com/m/news/2421907337?lang=&edition=full","pubTime":"2024-03-24 08:31","market":"nz","language":"en","title":"Wall Street Revamps 2024 S&P 500 Targets after Record-Setting Stock-Market Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2421907337","media":"Dow Jones","summary":"A record stock-market rally has caught many of Wall Street's top strategists flat-footed. Now, they're racing to catch up, updating their year-end S&P 500 targets.Heading into 2024, Wall Street investment banks and research firms largely expected U.S. stocks to post positive yet underwhelming gains after a robust and forecast-defying 2023. Last year's rally left investors to worry whether stocks could build on their gains as interest-rate and inflation threats lingered.The large-cap benchmark S&P 500 index SPX on Thursday notched its 20th all-time closing high in 2024, while the Nasdaq Composite COMP ended at its fourth all-time high and the Dow Jones Industrial Average DJIA scored its 16th record close so far this year, according to Dow Jones Market Data.See: 'Keep buying the S&P 500,' says Wall Street's most bullish bank - hikes year-end target to 5,500. At least five Wall Street banks have lifted their S&P 500 targets over the past two months.Wall Street firm                  2024 S","content":"<html><head></head><body><p>A record stock-market rally has caught many of Wall Street&#39;s top strategists flat-footed. Now, they&#39;re racing to catch up, updating their year-end S&amp;P 500 targets.</p><p>Heading into 2024, Wall Street investment banks and research firms largely expected U.S. stocks to post positive yet underwhelming gains after a robust and forecast-defying 2023. Last year&#39;s rally left investors to worry whether stocks could build on their gains as interest-rate and inflation threats lingered.</p><p>But that cautious outlook was shattered. A renewed wave of AI enthusiasm and reassurance by the Federal Reserve that recent sticky inflation had not changed its plan for three interest rate cuts this year, have sent stocks on a seemingly relentless record-setting run.</p><p>The large-cap benchmark S&amp;P 500 index SPX on Thursday notched its 20th all-time closing high in 2024, while the Nasdaq Composite COMP ended at its fourth all-time high and the Dow Jones Industrial Average DJIA scored its 16th record close so far this year, according to Dow Jones Market Data.</p><p>The stock rally has surprised Wall Street forecasters and forced some to bump up their predictions of where U.S. equities will go next.</p><p>At least five Wall Street banks have lifted their S&amp;P 500 targets over the past two months.</p><p>On Thursday, strategists at Société Générale lifted their year-end target to 5,500 from 4,750, indicating additional upside of nearly 5% from Thursday&#39;s closing level of 5,241. That appears to be the most bullish target among Wall Street&#39;s biggest banks and research firms tracked by MarketWatch (UBS has a year-end target of 5,200 but has said the S&amp;P 500 could reach 5,500 in an &#34;upside scenario&#34;).</p><p>Earlier this month, Bank of America&#39;s Savita Subramanian and strategists at Barclays joined the bullish club in adopting 5,400 and 5,300 as their year-end targets for the S&amp;P 500, respectively, pointing to resiliency in the economy and earnings strength from megacap technology stocks.</p><p>Goldman Sachs in February raised its forecast to 5,200, its second upward revision since late last year. The bank now falls in step with some of Wall Street&#39;s most bullish forecasters - Oppenheimer&#39;s John Stoltzfus and Fundstrat&#39;s Tom Lee, who also see a 5,200 finish after each accurately foresaw 2023&#39;s bull market.</p><p>The estimates from strategists put the median target for the S&amp;P 500 at 5,200 by the end of 2024, implying a decline of less than 0.1% from Thursday&#39;s level, according to MarketWatch calculations. Heading into 2024, the median target was around 5,000 (see table below).</p><p>Not every bank has so far updated its price target for the S&amp;P 500.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d4bd0ec98c867f66324fe5747445e033\" tg-width=\"972\" tg-height=\"1027\"/></p><p>It is worth noting that some of the doomsayers still sound pessimistic about the stock market in 2024. Morgan Stanley &#39;s Michael Wilson remains one of the most bearish Wall Street strategists, telling Bloomberg last week that he is still standing by his year-end S&amp;P 500 target of 4,500, which is around 14% below the index&#39;s Thursday level and 13.5% short of the median call of strategists tracked by MarketWatch.</p><p>JPMorgan Chase has the most bearish projection yet among Wall Street firms, seeing the S&amp;P 500 finish the year at 4,200.</p><p>To be sure, investors should take forecasts with a grain of salt. MarketWatch reported that Wall Street strategists broadly failed to predict the stock-market rally in 2023, with their median target being around 10% lower than where the S&amp;P 500 settled at the end of 2023.</p><p>So much for top-down estimates. How does Wall Street do based on a bottom-up approach?</p><p>John Butters, senior earnings analyst at FactSet Research, looked at bottom-up target prices for the S&amp;P 500 calculated by aggregating the median target price estimates, based on company-level estimates submitted by industry analysts, for all the companies in the index.</p><p>Historically, Wall Street analysts have overestimated the S&amp;P 500 by about 3% to 8% on average over the past 20 years, according to Butters, but have tended to underestimate the closing price of the S&amp;P 500 over the past few months.</p><p>Looking back at this time last year, the bottom-up target price was 4,635.48. Based on Wednesday&#39;s finish of 5,224.62, industry analysts in aggregate underestimated the closing price at the end of March 2024 by over 11% nearly a year ago, Butters said in a Thursday note.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/971ab1879721f028e7c69ef6d7070961\" tg-width=\"700\" tg-height=\"400\"/></p><p>Now, Wall Street analysts predict the S&amp;P 500 to advance 7% over the next twelve months, to around 5,589 by March 2025, Butters said, based on the bottom-up approach.</p><p>U.S. stocks logged strong weekly gains on Friday, with the S&amp;P 500 and Dow industrials each posting their best week of 2024, while the Nasdaq Composite saw its strongest week since January.</p></body></html>","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>Wall Street Revamps 2024 S&P 500 Targets after Record-Setting Stock-Market Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nWall Street Revamps 2024 S&P 500 Targets after Record-Setting Stock-Market Rally\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\">2024-03-24 08:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A record stock-market rally has caught many of Wall Street&#39;s top strategists flat-footed. Now, they&#39;re racing to catch up, updating their year-end S&amp;P 500 targets.</p><p>Heading into 2024, Wall Street investment banks and research firms largely expected U.S. stocks to post positive yet underwhelming gains after a robust and forecast-defying 2023. Last year&#39;s rally left investors to worry whether stocks could build on their gains as interest-rate and inflation threats lingered.</p><p>But that cautious outlook was shattered. A renewed wave of AI enthusiasm and reassurance by the Federal Reserve that recent sticky inflation had not changed its plan for three interest rate cuts this year, have sent stocks on a seemingly relentless record-setting run.</p><p>The large-cap benchmark S&amp;P 500 index SPX on Thursday notched its 20th all-time closing high in 2024, while the Nasdaq Composite COMP ended at its fourth all-time high and the Dow Jones Industrial Average DJIA scored its 16th record close so far this year, according to Dow Jones Market Data.</p><p>The stock rally has surprised Wall Street forecasters and forced some to bump up their predictions of where U.S. equities will go next.</p><p>At least five Wall Street banks have lifted their S&amp;P 500 targets over the past two months.</p><p>On Thursday, strategists at Société Générale lifted their year-end target to 5,500 from 4,750, indicating additional upside of nearly 5% from Thursday&#39;s closing level of 5,241. That appears to be the most bullish target among Wall Street&#39;s biggest banks and research firms tracked by MarketWatch (UBS has a year-end target of 5,200 but has said the S&amp;P 500 could reach 5,500 in an &#34;upside scenario&#34;).</p><p>Earlier this month, Bank of America&#39;s Savita Subramanian and strategists at Barclays joined the bullish club in adopting 5,400 and 5,300 as their year-end targets for the S&amp;P 500, respectively, pointing to resiliency in the economy and earnings strength from megacap technology stocks.</p><p>Goldman Sachs in February raised its forecast to 5,200, its second upward revision since late last year. The bank now falls in step with some of Wall Street&#39;s most bullish forecasters - Oppenheimer&#39;s John Stoltzfus and Fundstrat&#39;s Tom Lee, who also see a 5,200 finish after each accurately foresaw 2023&#39;s bull market.</p><p>The estimates from strategists put the median target for the S&amp;P 500 at 5,200 by the end of 2024, implying a decline of less than 0.1% from Thursday&#39;s level, according to MarketWatch calculations. Heading into 2024, the median target was around 5,000 (see table below).</p><p>Not every bank has so far updated its price target for the S&amp;P 500.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d4bd0ec98c867f66324fe5747445e033\" tg-width=\"972\" tg-height=\"1027\"/></p><p>It is worth noting that some of the doomsayers still sound pessimistic about the stock market in 2024. Morgan Stanley &#39;s Michael Wilson remains one of the most bearish Wall Street strategists, telling Bloomberg last week that he is still standing by his year-end S&amp;P 500 target of 4,500, which is around 14% below the index&#39;s Thursday level and 13.5% short of the median call of strategists tracked by MarketWatch.</p><p>JPMorgan Chase has the most bearish projection yet among Wall Street firms, seeing the S&amp;P 500 finish the year at 4,200.</p><p>To be sure, investors should take forecasts with a grain of salt. MarketWatch reported that Wall Street strategists broadly failed to predict the stock-market rally in 2023, with their median target being around 10% lower than where the S&amp;P 500 settled at the end of 2023.</p><p>So much for top-down estimates. How does Wall Street do based on a bottom-up approach?</p><p>John Butters, senior earnings analyst at FactSet Research, looked at bottom-up target prices for the S&amp;P 500 calculated by aggregating the median target price estimates, based on company-level estimates submitted by industry analysts, for all the companies in the index.</p><p>Historically, Wall Street analysts have overestimated the S&amp;P 500 by about 3% to 8% on average over the past 20 years, according to Butters, but have tended to underestimate the closing price of the S&amp;P 500 over the past few months.</p><p>Looking back at this time last year, the bottom-up target price was 4,635.48. Based on Wednesday&#39;s finish of 5,224.62, industry analysts in aggregate underestimated the closing price at the end of March 2024 by over 11% nearly a year ago, Butters said in a Thursday note.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/971ab1879721f028e7c69ef6d7070961\" tg-width=\"700\" tg-height=\"400\"/></p><p>Now, Wall Street analysts predict the S&amp;P 500 to advance 7% over the next twelve months, to around 5,589 by March 2025, Butters said, based on the bottom-up approach.</p><p>U.S. stocks logged strong weekly gains on Friday, with the S&amp;P 500 and Dow industrials each posting their best week of 2024, while the Nasdaq Composite saw its strongest week since January.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0106831901.USD":"贝莱德世界金融基金A2","SPXU":"三倍做空标普500ETF","BK4559":"巴菲特持仓","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","BK4550":"红杉资本持仓","UPRO":"三倍做多标普500ETF","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","SPY":"标普500ETF","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","SDS":"两倍做空标普500ETF","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","OEF":"标普100指数ETF-iShares","BK4127":"投资银行业与经纪业","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","BCS":"巴克莱银行","BAC":"美国银行","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","OEX":"标普100",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IVV":"标普500指数ETF","BK4553":"喜马拉雅资本持仓","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4534":"瑞士信贷持仓","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","SH":"标普500反向ETF"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2421907337","content_text":"A record stock-market rally has caught many of Wall Street's top strategists flat-footed. Now, they're racing to catch up, updating their year-end S&P 500 targets.Heading into 2024, Wall Street investment banks and research firms largely expected U.S. stocks to post positive yet underwhelming gains after a robust and forecast-defying 2023. Last year's rally left investors to worry whether stocks could build on their gains as interest-rate and inflation threats lingered.But that cautious outlook was shattered. A renewed wave of AI enthusiasm and reassurance by the Federal Reserve that recent sticky inflation had not changed its plan for three interest rate cuts this year, have sent stocks on a seemingly relentless record-setting run.The large-cap benchmark S&P 500 index SPX on Thursday notched its 20th all-time closing high in 2024, while the Nasdaq Composite COMP ended at its fourth all-time high and the Dow Jones Industrial Average DJIA scored its 16th record close so far this year, according to Dow Jones Market Data.The stock rally has surprised Wall Street forecasters and forced some to bump up their predictions of where U.S. equities will go next.At least five Wall Street banks have lifted their S&P 500 targets over the past two months.On Thursday, strategists at Société Générale lifted their year-end target to 5,500 from 4,750, indicating additional upside of nearly 5% from Thursday's closing level of 5,241. That appears to be the most bullish target among Wall Street's biggest banks and research firms tracked by MarketWatch (UBS has a year-end target of 5,200 but has said the S&P 500 could reach 5,500 in an \"upside scenario\").Earlier this month, Bank of America's Savita Subramanian and strategists at Barclays joined the bullish club in adopting 5,400 and 5,300 as their year-end targets for the S&P 500, respectively, pointing to resiliency in the economy and earnings strength from megacap technology stocks.Goldman Sachs in February raised its forecast to 5,200, its second upward revision since late last year. The bank now falls in step with some of Wall Street's most bullish forecasters - Oppenheimer's John Stoltzfus and Fundstrat's Tom Lee, who also see a 5,200 finish after each accurately foresaw 2023's bull market.The estimates from strategists put the median target for the S&P 500 at 5,200 by the end of 2024, implying a decline of less than 0.1% from Thursday's level, according to MarketWatch calculations. Heading into 2024, the median target was around 5,000 (see table below).Not every bank has so far updated its price target for the S&P 500.It is worth noting that some of the doomsayers still sound pessimistic about the stock market in 2024. Morgan Stanley 's Michael Wilson remains one of the most bearish Wall Street strategists, telling Bloomberg last week that he is still standing by his year-end S&P 500 target of 4,500, which is around 14% below the index's Thursday level and 13.5% short of the median call of strategists tracked by MarketWatch.JPMorgan Chase has the most bearish projection yet among Wall Street firms, seeing the S&P 500 finish the year at 4,200.To be sure, investors should take forecasts with a grain of salt. MarketWatch reported that Wall Street strategists broadly failed to predict the stock-market rally in 2023, with their median target being around 10% lower than where the S&P 500 settled at the end of 2023.So much for top-down estimates. How does Wall Street do based on a bottom-up approach?John Butters, senior earnings analyst at FactSet Research, looked at bottom-up target prices for the S&P 500 calculated by aggregating the median target price estimates, based on company-level estimates submitted by industry analysts, for all the companies in the index.Historically, Wall Street analysts have overestimated the S&P 500 by about 3% to 8% on average over the past 20 years, according to Butters, but have tended to underestimate the closing price of the S&P 500 over the past few months.Looking back at this time last year, the bottom-up target price was 4,635.48. Based on Wednesday's finish of 5,224.62, industry analysts in aggregate underestimated the closing price at the end of March 2024 by over 11% nearly a year ago, Butters said in a Thursday note.Now, Wall Street analysts predict the S&P 500 to advance 7% over the next twelve months, to around 5,589 by March 2025, Butters said, based on the bottom-up approach.U.S. stocks logged strong weekly gains on Friday, with the S&P 500 and Dow industrials each posting their best week of 2024, while the Nasdaq Composite saw its strongest week since January.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":285311838646584,"gmtCreate":1710662398632,"gmtModify":1710662402301,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Interesting principle but too simplistic","listText":"Interesting principle but too simplistic","text":"Interesting principle but too simplistic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/285311838646584","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":282749485695288,"gmtCreate":1710059249253,"gmtModify":1710064011948,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Seeking Alpha is bs. Keeps contradicting itself. In another article, it said it has always been bullish on-Apple and in this one, it claims otgerwise. Don't trust articles by them https://tigr.link/6OMmTc&nbsp;","listText":"Seeking Alpha is bs. Keeps contradicting itself. In another article, it said it has always been bullish on-Apple and in this one, it claims otgerwise. Don't trust articles by them https://tigr.link/6OMmTc&nbsp;","text":"Seeking Alpha is bs. Keeps contradicting itself. In another article, it said it has always been bullish on-Apple and in this one, it claims otgerwise. Don't trust articles by them https://tigr.link/6OMmTc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/282749485695288","repostId":"1125897893","repostType":2,"repost":{"id":"1125897893","pubTimestamp":1710039600,"share":"https://www.laohu8.com/m/news/1125897893?lang=&edition=full","pubTime":"2024-03-10 11:00","market":"us","language":"en","title":"Apple: Losing Its Mojo?","url":"https://stock-news.laohu8.com/highlight/detail?id=1125897893","media":"Seeking Alpha","summary":"SummaryApple's growth performance has been disappointing recently, with revenues barely growing and operating income stagnating for two years.iPhone sales volume has been struggling in important marke","content":"<html><head></head><body><h2 id=\"id_2371991939\" style=\"text-align: left;\">Summary</h2><ul style=\"\"><li><p>Apple&#39;s growth performance has been disappointing recently, with revenues barely growing and operating income stagnating for two years.</p></li><li><p>iPhone sales volume has been struggling in important markets like China and the U.S. In China, iPhone sales are facing competition from local manufacturers.</p></li><li><p>Apple has been fined €1.8 billion by the EU for market abuse related to the distribution of music-streaming apps, signaling increased regulatory scrutiny.</p></li><li><p>Apple&#39;s current valuation at a 27x FWD P/E appears optimistic against the challenging commercial backdrop, suggesting a revaluation may be warranted.</p></li><li><p>I see Apple fairly valued at $139/ share.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/204988570070d185dbef1b8782c8a78e\" alt=\"Shubhashish5\" title=\"Shubhashish5\" tg-width=\"750\" tg-height=\"500\"/><span>Shubhashish5</span></p><p>I have previously voiced negative sentiment on Apple (NASDAQ:AAPL) stock, as I have been concerned about sluggish commercial momentum and lack of any upside catalysts. Today, reflecting on latest data points, I double down on my bearish assessment. Apple is increasingly looking like the weakling in the Magnificent 7 collection, together with Tesla. In fact, zooming in on the Magnificent 7 stocks, it is noteworthy to point out that in Q4 2023 the group achieved a market-weighted average of 60% YoY operating profit expansion, while Apple contributed an under-performing 11%:</p><ul style=\"\"><li><p>Tesla Q4: -47% YoY</p></li><li><p>Apple Q4: +11% YoY</p></li><li><p>Google Q4: +27% YoY</p></li><li><p>Microsoft Q4: +33% YoY</p></li><li><p>Meta Platforms Q4: +41% YoY</p></li><li><p>Amazon Q4: +388% YoY</p></li><li><p>Nvidia Q4: +980% YoY</p></li></ul><p>Unfortunately for investors, Apple has been delivering a disappointing growth performance for quite some time now: Apples top-line CAGR since December 2021 TTM through December 2023 TTM has been below 1%, while most recent data from China suggests that Apple is aggressively bleeding commercial momentum and market share. Adding to this, the recent heavy $2 billion fine imposed by the EU underscores the broader risk associated with Apple stock. All that said, I argue that Apple does not deserve its 27x FWD P/E multiple, which suggests a 3.7% earnings yield vs. a 4.3% implied yield on the 10 year, risk-free, Treasury. According to my estimates, which anchor on analyst consensus estimates through 2028 and a 8.5% cost of equity, Apple stock should be worth $139/ share.</p><p>For context, Apple stock has under-performed the broad equities market in 2023 and early 2024. For the trailing twelve months, AAPL shares are up about 14%, compared to a gain of approximately 27% for the S&amp;P 500 (SP500).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c445ee3d3a1ff535a8eb78637dfecf0d\" alt=\"Seeking Alpha\" title=\"Seeking Alpha\" tg-width=\"640\" tg-height=\"232\"/><span>Seeking Alpha</span></p><h2 id=\"id_213122000\">Apple&#39;s Growth Has Been Disappointing Lately</h2><p>At FWD 27x P/E, Apple stock clearly implies a growth premium compared to both the broader U.S. stock and Treasury market. However, this premium has not been justified by the iPhone makers performance. Referencing Apple&#39;s growth topline performance of over the past 2 years, it is noteworthy to point out that revenues have barely grown. Since TTM December 2021 vs. 2023, compounded annual sales growth was below 1%. And comparing Apple&#39;s TTM revenues for December 2023 with the respective reference in 2022, I highlight that sales have actually contracted by approximately $2 billion.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d12bdcbda4d9eac18c261210b168fe42\" alt=\"Apple Financials; Author&#39;s Graph\" title=\"Apple Financials; Author&#39;s Graph\" tg-width=\"640\" tg-height=\"297\"/><span>Apple Financials; Author&#39;s Graph</span></p><p>A similarly negative growth narrative is reflected in Apple&#39;s profit growth: Apples operating income has been stagnating for about two years now.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2a848b0540159f15c529d62b5fb6f074\" alt=\"Apple Financials; Author&#39;s Graph\" title=\"Apple Financials; Author&#39;s Graph\" tg-width=\"640\" tg-height=\"263\"/><span>Apple Financials; Author&#39;s Graph</span></p><h3 id=\"id_1004267895\">iPhone Sales Are Topping Out, If Not Contracting Already</h3><p>A key reason often cited for the stagnation in Apple&#39;s fundamentals is the perceived lack of innovation within its established product lines, including the iPhone, iPad, and Mac. This argument suggests that these products, which have historically been core to Apple&#39;s success, are reaching a maturity phase, where significant growth becomes more challenging due to a saturated market and reduced opportunities for groundbreaking advancements. Specifically relating to the iPhone business, which accounts for almost 60% of Apple&#39;s revenue, it is important to note that sales growth is topping out.</p><p>According to research conducted by Counterpoint Global, and data mapped by UBS, it is evident that iPhone sales volume has been struggling in the company&#39;s most important markets, China and the U.S., for quite some time now (<em>Source: UBS Research &amp; Evidence Lab, note on Apple dated 28 February 2024). </em>Specifically relating to China, it is noteworthy to point out an aggressive 24% YoY drop in iPhone sales since the start of 2024, despite reports of significant price reductions on iPhone 15 models by resellers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/414c8ff09a5562af82bd6b6c850a500a\" alt=\"UBS Research &amp; Evidence Lab\" title=\"UBS Research &amp; Evidence Lab\" tg-width=\"640\" tg-height=\"260\"/><span>UBS Research &amp; Evidence Lab</span></p><p>Admittedly, the downturn in China reflects broader issues such as reduced consumer demand on the backdrop of a struggling macro economy. However, investors should also acknowledge that in China Apple is facing intensified competition from local manufacturers like Vivo, Huawei, and Honor. The competitive situation is compounded by Huawei&#39;s resurgence in popularity, attributed to nationalist purchasing behaviors and improved technology. This is reflected in market share trends, with Apple losing 24% share of volume, compared to a 64% gain for Huawei over the first six weeks of 2024. For context, China accounts for 19% of Apple&#39;s revenue, most of which is based on iPhone sales (although the exact number has not been disclosed).</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ee5db3b83fb79e059c9c84187422c7d4\" alt=\"Counterpoint Global; Chart by Bloomberg\" title=\"Counterpoint Global; Chart by Bloomberg\" tg-width=\"608\" tg-height=\"225\"/><span>Counterpoint Global; Chart by Bloomberg</span></p><h3 id=\"id_1423576070\">It Is Too Early To Classify The Vision Pro As A Key Growth Driver</h3><p>I am well aware that Apple recently released the Vision Pro, the company&#39;s major new tech device since the Apple watch in 2012. However, as of today, I argue that betting on the Vision Pro as a key growth driver for Apple should be considered too speculative. In my view, it is important to consider that the Vision Pro represents a significant departure from Apple&#39;s established products like the iPhone, iPad, and Mac, which are known for their mass-market appeal and established consumer bases. The high price and niche appeal could limit its immediate market penetration. Moreover, while the first-generation Vision Pro may showcase Apple&#39;s ability to innovate, its success is crucial but not guaranteed.</p><h2 id=\"id_3171699619\">The EU Fine Is The Beginning Of A Broader Anti-Trust Battle, Not The End</h2><p>With momentum in the device business slowing, Apple&#39;s growth narrative is increasingly reliant on the company&#39;s Services business. On that note, it is encouraging to see that Apple&#39;s revenue from Services has grown at a 20-25% compounded annual growth rate over the past decade, while likely maintaining 25-35% operating margins.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0f234953c41d3db149d974e766205145\" alt=\"Apple Financials; Author&#39;s Graph\" title=\"Apple Financials; Author&#39;s Graph\" tg-width=\"640\" tg-height=\"244\"/><span>Apple Financials; Author&#39;s Graph</span></p><p>However, while the commercial momentum in the Services business is encouraging, the regulatory risk is concerning, giving increasing scrutiny for potential monopolistic behavior. The core issue lies in Apple&#39;s exclusive control over app distribution for iOS devices, forcing developers to comply with its terms and fee structures (15-30% of app revenue). Moreover stringent app review processes and restrictive policies have recently raised concerns about stifling competition and innovation.</p><p>On Monday 4th March, Apple has been imposed with a substantial €1.8 billion fine by the European Union, following allegations of market abuse related to the distribution of music-streaming apps via its App Store. In a nutshell, the penalty stems from accusations by Spotify that Apple leveraged its App Store to unfairly restrict competition and elevate prices. And while similar fines have historically had limited impact on the share prices and operations of big tech companies, the recent €1.8 billion EU antitrust fine against Apple may be different, as the fine suggests the beginning of anti-trust scrutiny, rather than the end.</p><p>The EU&#39;s charge against Apple not only targets specific business practices deemed anti-competitive but also aligns with broader regulatory trends aiming to dismantle the monopolistic hold certain companies have within the tech industry. This is highlighted by ongoing investigations and the implementation of new regulations like the Digital Markets Act (DMA), which demands more open tech ecosystems and could significantly alter how companies operate within the EU. Furthermore, this fine arrives amid other antitrust charges against Apple in the EU, including issues surrounding mobile payments technology. This stacks up a scenario where Apple is not just facing a one-off penalty but rather entering a period of heightened regulatory oversight.</p><p>While the App Store business is still growing; in my opinion, the overall risk-reward relating to this business may have shifted to the downside.</p><h2 id=\"id_364079608\">Valuation: Set TP At $139/Share</h2><p>In line with my thesis that Apple is a &#34;mature&#34; business, I like to value the company&#39;s intrinsic worth through a residual earnings model, which anchors on the idea that a valuation should equal a business&#39; discounted future earnings after capital charge. As per the CFA Institute:</p><blockquote><p><em>Conceptually, residual income is net income less a charge (deduction) for common shareholders&#39; opportunity cost in generating net income. It is the residual or remaining income after considering the costs of all of a company&#39;s capital.</em></p></blockquote><p>With regard to my Apple stock valuation model, I make the following assumptions:</p><ul style=\"\"><li><p>To forecast EPS, I anchor on the consensus analyst forecast as available on the Bloomberg Terminal till 2028. I believe taking the consensus is appropriate, as Apple stock is widely followed by analysts (thus, lots of data and estimates available) and taking the consensus smooths out any biases (mine included)</p></li><li><p>To estimate the capital charge, I anchor on Apple&#39;s cost of equity at 8.5%, which is approximately in line with the CAPM framework.</p></li><li><p>For the terminal growth rate after 2025, I apply 3%, which is about 75-100 basis points above the estimated nominal global GDP growth. The growth premium should reflect the elevated potential for technology businesses in general.</p></li></ul><p>Given these assumptions, I calculate a base-case target price for Apple stock of about $139/share.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/da144b5f1617dfe85301e8109f398f0d\" alt=\"Refinitiv; Company Financials; Author&#39;s Calculations\" title=\"Refinitiv; Company Financials; Author&#39;s Calculations\" tg-width=\"640\" tg-height=\"232\"/><span>Refinitiv; Company Financials; Author&#39;s Calculations</span></p><p>As I argued that my estimates for growth and equity charges may be conservative, I acknowledge that investors may hold varying assumptions regarding these rates. Therefore, I&#39;ve included a sensitivity table to test different scenarios and assumptions. See below.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c71230fb7a8a975380ece2313ac6c52f\" alt=\"Refinitiv; Company Financials; Author&#39;s Calculations\" title=\"Refinitiv; Company Financials; Author&#39;s Calculations\" tg-width=\"640\" tg-height=\"168\"/><span>Refinitiv; Company Financials; Author&#39;s Calculations</span></p><h2 id=\"id_464853349\">Investor Takeaway</h2><p>Apple, once a leader among the &#34;Magnificent 7&#34; tech giants, is currently facing growth challenges, reflected in its comparatively lower Q4 YoY operating profit expansion and stagnant top-line growth. Particularly concerning are its struggles in the crucial Chinese market, where it&#39;s losing both momentum and market share, notably impacted by local competitors and broader economic pressures. The introduction of the high-priced Vision Pro headset as a potential new growth avenue remains speculative. Adding to the complexity and risk profile, Apple is navigating a tightening regulatory landscape, particularly highlighted by the recent €1.8 billion EU antitrust fine, signaling potentially the start of increased scrutiny rather than an isolated incident. All this said, Apple&#39;s current valuation at a 27x FWD P/E appears optimistic against this backdrop, suggesting a revaluation may be warranted given the current earnings yield juxtaposition with risk-free Treasury rates. According to my estimates, which anchor on analyst consensus estimates through 2028 and a 8.5% cost of equity, Apple stock should be worth $139/ share.</p></body></html>","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>Apple: Losing Its Mojo?</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: Losing Its Mojo?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-10 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4677116-apple-losing-its-mojo><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple's growth performance has been disappointing recently, with revenues barely growing and operating income stagnating for two years.iPhone sales volume has been struggling in important ...</p>\n\n<a href=\"https://seekingalpha.com/article/4677116-apple-losing-its-mojo\">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://seekingalpha.com/article/4677116-apple-losing-its-mojo","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1125897893","content_text":"SummaryApple's growth performance has been disappointing recently, with revenues barely growing and operating income stagnating for two years.iPhone sales volume has been struggling in important markets like China and the U.S. In China, iPhone sales are facing competition from local manufacturers.Apple has been fined €1.8 billion by the EU for market abuse related to the distribution of music-streaming apps, signaling increased regulatory scrutiny.Apple's current valuation at a 27x FWD P/E appears optimistic against the challenging commercial backdrop, suggesting a revaluation may be warranted.I see Apple fairly valued at $139/ share.Shubhashish5I have previously voiced negative sentiment on Apple (NASDAQ:AAPL) stock, as I have been concerned about sluggish commercial momentum and lack of any upside catalysts. Today, reflecting on latest data points, I double down on my bearish assessment. Apple is increasingly looking like the weakling in the Magnificent 7 collection, together with Tesla. In fact, zooming in on the Magnificent 7 stocks, it is noteworthy to point out that in Q4 2023 the group achieved a market-weighted average of 60% YoY operating profit expansion, while Apple contributed an under-performing 11%:Tesla Q4: -47% YoYApple Q4: +11% YoYGoogle Q4: +27% YoYMicrosoft Q4: +33% YoYMeta Platforms Q4: +41% YoYAmazon Q4: +388% YoYNvidia Q4: +980% YoYUnfortunately for investors, Apple has been delivering a disappointing growth performance for quite some time now: Apples top-line CAGR since December 2021 TTM through December 2023 TTM has been below 1%, while most recent data from China suggests that Apple is aggressively bleeding commercial momentum and market share. Adding to this, the recent heavy $2 billion fine imposed by the EU underscores the broader risk associated with Apple stock. All that said, I argue that Apple does not deserve its 27x FWD P/E multiple, which suggests a 3.7% earnings yield vs. a 4.3% implied yield on the 10 year, risk-free, Treasury. According to my estimates, which anchor on analyst consensus estimates through 2028 and a 8.5% cost of equity, Apple stock should be worth $139/ share.For context, Apple stock has under-performed the broad equities market in 2023 and early 2024. For the trailing twelve months, AAPL shares are up about 14%, compared to a gain of approximately 27% for the S&P 500 (SP500).Seeking AlphaApple's Growth Has Been Disappointing LatelyAt FWD 27x P/E, Apple stock clearly implies a growth premium compared to both the broader U.S. stock and Treasury market. However, this premium has not been justified by the iPhone makers performance. Referencing Apple's growth topline performance of over the past 2 years, it is noteworthy to point out that revenues have barely grown. Since TTM December 2021 vs. 2023, compounded annual sales growth was below 1%. And comparing Apple's TTM revenues for December 2023 with the respective reference in 2022, I highlight that sales have actually contracted by approximately $2 billion.Apple Financials; Author's GraphA similarly negative growth narrative is reflected in Apple's profit growth: Apples operating income has been stagnating for about two years now.Apple Financials; Author's GraphiPhone Sales Are Topping Out, If Not Contracting AlreadyA key reason often cited for the stagnation in Apple's fundamentals is the perceived lack of innovation within its established product lines, including the iPhone, iPad, and Mac. This argument suggests that these products, which have historically been core to Apple's success, are reaching a maturity phase, where significant growth becomes more challenging due to a saturated market and reduced opportunities for groundbreaking advancements. Specifically relating to the iPhone business, which accounts for almost 60% of Apple's revenue, it is important to note that sales growth is topping out.According to research conducted by Counterpoint Global, and data mapped by UBS, it is evident that iPhone sales volume has been struggling in the company's most important markets, China and the U.S., for quite some time now (Source: UBS Research & Evidence Lab, note on Apple dated 28 February 2024). Specifically relating to China, it is noteworthy to point out an aggressive 24% YoY drop in iPhone sales since the start of 2024, despite reports of significant price reductions on iPhone 15 models by resellers.UBS Research & Evidence LabAdmittedly, the downturn in China reflects broader issues such as reduced consumer demand on the backdrop of a struggling macro economy. However, investors should also acknowledge that in China Apple is facing intensified competition from local manufacturers like Vivo, Huawei, and Honor. The competitive situation is compounded by Huawei's resurgence in popularity, attributed to nationalist purchasing behaviors and improved technology. This is reflected in market share trends, with Apple losing 24% share of volume, compared to a 64% gain for Huawei over the first six weeks of 2024. For context, China accounts for 19% of Apple's revenue, most of which is based on iPhone sales (although the exact number has not been disclosed).Counterpoint Global; Chart by BloombergIt Is Too Early To Classify The Vision Pro As A Key Growth DriverI am well aware that Apple recently released the Vision Pro, the company's major new tech device since the Apple watch in 2012. However, as of today, I argue that betting on the Vision Pro as a key growth driver for Apple should be considered too speculative. In my view, it is important to consider that the Vision Pro represents a significant departure from Apple's established products like the iPhone, iPad, and Mac, which are known for their mass-market appeal and established consumer bases. The high price and niche appeal could limit its immediate market penetration. Moreover, while the first-generation Vision Pro may showcase Apple's ability to innovate, its success is crucial but not guaranteed.The EU Fine Is The Beginning Of A Broader Anti-Trust Battle, Not The EndWith momentum in the device business slowing, Apple's growth narrative is increasingly reliant on the company's Services business. On that note, it is encouraging to see that Apple's revenue from Services has grown at a 20-25% compounded annual growth rate over the past decade, while likely maintaining 25-35% operating margins.Apple Financials; Author's GraphHowever, while the commercial momentum in the Services business is encouraging, the regulatory risk is concerning, giving increasing scrutiny for potential monopolistic behavior. The core issue lies in Apple's exclusive control over app distribution for iOS devices, forcing developers to comply with its terms and fee structures (15-30% of app revenue). Moreover stringent app review processes and restrictive policies have recently raised concerns about stifling competition and innovation.On Monday 4th March, Apple has been imposed with a substantial €1.8 billion fine by the European Union, following allegations of market abuse related to the distribution of music-streaming apps via its App Store. In a nutshell, the penalty stems from accusations by Spotify that Apple leveraged its App Store to unfairly restrict competition and elevate prices. And while similar fines have historically had limited impact on the share prices and operations of big tech companies, the recent €1.8 billion EU antitrust fine against Apple may be different, as the fine suggests the beginning of anti-trust scrutiny, rather than the end.The EU's charge against Apple not only targets specific business practices deemed anti-competitive but also aligns with broader regulatory trends aiming to dismantle the monopolistic hold certain companies have within the tech industry. This is highlighted by ongoing investigations and the implementation of new regulations like the Digital Markets Act (DMA), which demands more open tech ecosystems and could significantly alter how companies operate within the EU. Furthermore, this fine arrives amid other antitrust charges against Apple in the EU, including issues surrounding mobile payments technology. This stacks up a scenario where Apple is not just facing a one-off penalty but rather entering a period of heightened regulatory oversight.While the App Store business is still growing; in my opinion, the overall risk-reward relating to this business may have shifted to the downside.Valuation: Set TP At $139/ShareIn line with my thesis that Apple is a \"mature\" business, I like to value the company's intrinsic worth through a residual earnings model, which anchors on the idea that a valuation should equal a business' discounted future earnings after capital charge. As per the CFA Institute:Conceptually, residual income is net income less a charge (deduction) for common shareholders' opportunity cost in generating net income. It is the residual or remaining income after considering the costs of all of a company's capital.With regard to my Apple stock valuation model, I make the following assumptions:To forecast EPS, I anchor on the consensus analyst forecast as available on the Bloomberg Terminal till 2028. I believe taking the consensus is appropriate, as Apple stock is widely followed by analysts (thus, lots of data and estimates available) and taking the consensus smooths out any biases (mine included)To estimate the capital charge, I anchor on Apple's cost of equity at 8.5%, which is approximately in line with the CAPM framework.For the terminal growth rate after 2025, I apply 3%, which is about 75-100 basis points above the estimated nominal global GDP growth. The growth premium should reflect the elevated potential for technology businesses in general.Given these assumptions, I calculate a base-case target price for Apple stock of about $139/share.Refinitiv; Company Financials; Author's CalculationsAs I argued that my estimates for growth and equity charges may be conservative, I acknowledge that investors may hold varying assumptions regarding these rates. Therefore, I've included a sensitivity table to test different scenarios and assumptions. See below.Refinitiv; Company Financials; Author's CalculationsInvestor TakeawayApple, once a leader among the \"Magnificent 7\" tech giants, is currently facing growth challenges, reflected in its comparatively lower Q4 YoY operating profit expansion and stagnant top-line growth. Particularly concerning are its struggles in the crucial Chinese market, where it's losing both momentum and market share, notably impacted by local competitors and broader economic pressures. The introduction of the high-priced Vision Pro headset as a potential new growth avenue remains speculative. Adding to the complexity and risk profile, Apple is navigating a tightening regulatory landscape, particularly highlighted by the recent €1.8 billion EU antitrust fine, signaling potentially the start of increased scrutiny rather than an isolated incident. All this said, Apple's current valuation at a 27x FWD P/E appears optimistic against this backdrop, suggesting a revaluation may be warranted given the current earnings yield juxtaposition with risk-free Treasury rates. According to my estimates, which anchor on analyst consensus estimates through 2028 and a 8.5% cost of equity, Apple stock should be worth $139/ share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":282075455631408,"gmtCreate":1709874742684,"gmtModify":1709874747572,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Seems like the writer missed out on buying Nvidia 😂","listText":"Seems like the writer missed out on buying Nvidia 😂","text":"Seems like the writer missed out on buying Nvidia 😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/282075455631408","repostId":"2417076812","repostType":2,"repost":{"id":"2417076812","pubTimestamp":1709865000,"share":"https://www.laohu8.com/m/news/2417076812?lang=&edition=full","pubTime":"2024-03-08 10:30","market":"us","language":"en","title":"Investing in Nvidia Stock: Strategic Genius or High-Stakes Gamble?","url":"https://stock-news.laohu8.com/highlight/detail?id=2417076812","media":"InvestorPlace","summary":"Our economy is looking strong and so are semiconductors but, you need to rethink your investment into NVDA stock.","content":"<html><head></head><body><ul style=\"\"><li><p><strong>Nvidia’s </strong>(<strong>NVDA</strong>) strong revenue growth and increased profit margins counter concerns of a speculative bubble.</p></li><li><p>Early focus on gaming processors and strategic investments position Nvidia as a genuine leader in the AI chip market.</p></li><li><p>However, geopolitical tensions, semiconductor supply concentration, and competition from tech giants present short-term uncertainties for Nvidia investors.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0763c6dc102df6afd35e2ebf0ba5384f\" alt=\"Source: Ascannio / Shutterstock.com\" title=\"Source: Ascannio / Shutterstock.com\" tg-width=\"768\" tg-height=\"432\"/><span>Source: Ascannio / Shutterstock.com</span></p><p>Year-to-date, <strong>Nivida</strong> (NASDAQ:<strong>NVDA</strong>) has risen over 87%. It has helped the <strong>Nasdaq</strong> and <strong>S&amp;P 500 </strong>reach new highs, and data shows that NVDA stock has dethroned <strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>) as the most popular stock traded by retail investors. With AI being the new buzzword thrown around and Nvidia stock price launching like a rocket, many are claiming that we are in a bubble. Let’s look at both sides and see which is more likely. </p><h2 id=\"id_554007240\">Nvidia has strong financials </h2><p>The reason for Nvidia’s stock performance despite a bear market was because of its strong financials. </p><p>From FY 2023 to FY 2024, Nvidia’s revenue jumped from $26.91 billion to $60.92 billion, almost a 2-and-a-half-time increase. Most importantly, profit margins jumped from a mere 16% to almost 50%!</p><p>As a result, its forward P/E ratio is significantly down from prior years because of the massive jump in earnings, at just 33x. In the past 4 years, this number has jumped as high as 72.98x since 2020 and averages around 44.28x. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d32936a53d57995f77d0b08d7db4580a\" alt=\"S&amp;P Capital IQ \" title=\"S&amp;P Capital IQ \" tg-width=\"1600\" tg-height=\"573\"/><span>S&amp;P Capital IQ </span></p><p>Therefore, bulls argue that they are buying Nvidia at a discount because increased earnings have increased its valuation to justify the price. </p><h2 id=\"id_540170449\">Nvidia is most likely to capture the AI market </h2><p>While the stocks of other hyped technology companies saw their bubbles burst, Nvidia came out of 2022 stronger because of actual advances in AI technology. </p><p>In the world of AI, many argue that Nivida is the best fit to capitalize on the market; it’s said to own almost 90% of the AI chip market. Nvidia had a first-mover advantage because its original market, gaming, used parallel processors — perfect for AI applications. Other than speed itself, it also beats competitors in its network power and software. Nvidia acquired Mellanox, which helps it link thousands of GPUs in a data center together to boost performance. In terms of software, its investment in this area is a key factor as to why it beats AMD in performance, even though its chips aren’t that much more powerful. </p><h2 id=\"id_1744463565\">Nvidia faces short-term headwinds and concentration risks </h2><p>There are key areas where Nvidia is facing headwinds which could likely mean lower than projected revenue. This itself is dangerous since much of Nivida’s valuation currently comes from its expected profits. </p><p>One headwind is China, where Nvidia has been caught between the cold war between the US and China, and the Biden administration has restricted Nvidia from selling its latest chips. As a result, China only accounts for single-digit revenue compared to 19% in FY 2023. </p><p>In addition, there’s a heavy concentration risk. NVDA stock requires semiconductors to create GPUs, and almost all of it comes exclusively from Taiwan Semiconductors. When its competitors inevitably ramp up AI chips, Nivida will lose leverage as the biggest buyer from <strong>TSMC</strong> (NYSE:<strong>TSM</strong>) — it risks gross margins decreasing as TSMC can market the costs up. </p><h2 id=\"id_3129420281\">Customers turning to competitors </h2><p>Aside from traditional competitors like <strong>AMD</strong> (NASDAQ:<strong>AMD</strong>) and <strong>Intel</strong> (NASDAQ:<strong>INTC</strong>) fiercely trying to capitalize on the AI wave, one of the biggest challenges to Nvidia is that once customers are turning to competitors. Big tech companies like <strong>Microsoft</strong> (NASDAQ:<strong>MSFT</strong>) account for 15% of its revenue, <strong>Meta</strong> (NASDAQ:<strong>META</strong>) at 13%, <strong>Amazon</strong> (NASDAQ:<strong>AMZN</strong>) at 6.2% and <strong>Alphabet</strong> (NASDAQ:<strong>GOOG</strong>, NASDAQ:<strong>GOOGL</strong>) at 5.8%. All of these companies are also designing their own AI chips. In the long term, Nvidia’s market share will certainly be tested. </p><h2 id=\"id_1503075593\">The stock is volatile  </h2><p>For investors, whether they are cynical or optimistic, the stock has historically been very volatile. It has a high beta of 1.73 (which measures volatility compared to the overall market), and the stock has dropped by over 50% on 14 occasions since it IPOed. With one buyer reportedly accounting for one-fifth of Nvidia’s AI chip sales, it’s completely possible that Nvidia stock can easily take a turn for the worst if sales slow down. </p><p>In addition, the fact that so much of its value is now rested on its future performance means the stock becomes even more risky if it doesn’t meet investor expectations quarterly. Therefore, investors must recognize that Nvidia is highly risky, and should be prepared to hold it for the long term. </p><p>For me, I think there are better deals out there to invest in AI stocks. It still doesn’t hurt to own a little bit of Nvidia, and buying a share of the S&amp;P 500 index would already give most investors exposure to Nvidia. The AI market is big, and there are more stocks out there that haven’t been overhyped yet and offer more stability for returns. </p></body></html>","source":"investorplace_stock_picks","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>Investing in Nvidia Stock: Strategic Genius or High-Stakes Gamble?</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\">\nInvesting in Nvidia Stock: Strategic Genius or High-Stakes Gamble?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-08 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/03/investing-in-nvidia-stock-strategic-genius-or-high-stakes-gamble/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia’s (NVDA) strong revenue growth and increased profit margins counter concerns of a speculative bubble.Early focus on gaming processors and strategic investments position Nvidia as a genuine ...</p>\n\n<a href=\"https://investorplace.com/2024/03/investing-in-nvidia-stock-strategic-genius-or-high-stakes-gamble/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0080751232.USD":"富达环球多元动力基金A","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","BK4585":"ETF&股票定投概念","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4576":"AR","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","BK4220":"综合零售","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","SG9999004220.SGD":"Nikko AM Shenton Asia Dividend Equity Fund  SGD","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0444971666.USD":"天利全球科技基金","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","NVDA":"英伟达"},"source_url":"https://investorplace.com/2024/03/investing-in-nvidia-stock-strategic-genius-or-high-stakes-gamble/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2417076812","content_text":"Nvidia’s (NVDA) strong revenue growth and increased profit margins counter concerns of a speculative bubble.Early focus on gaming processors and strategic investments position Nvidia as a genuine leader in the AI chip market.However, geopolitical tensions, semiconductor supply concentration, and competition from tech giants present short-term uncertainties for Nvidia investors.Source: Ascannio / Shutterstock.comYear-to-date, Nivida (NASDAQ:NVDA) has risen over 87%. It has helped the Nasdaq and S&P 500 reach new highs, and data shows that NVDA stock has dethroned Tesla (NASDAQ:TSLA) as the most popular stock traded by retail investors. With AI being the new buzzword thrown around and Nvidia stock price launching like a rocket, many are claiming that we are in a bubble. Let’s look at both sides and see which is more likely. Nvidia has strong financials The reason for Nvidia’s stock performance despite a bear market was because of its strong financials. From FY 2023 to FY 2024, Nvidia’s revenue jumped from $26.91 billion to $60.92 billion, almost a 2-and-a-half-time increase. Most importantly, profit margins jumped from a mere 16% to almost 50%!As a result, its forward P/E ratio is significantly down from prior years because of the massive jump in earnings, at just 33x. In the past 4 years, this number has jumped as high as 72.98x since 2020 and averages around 44.28x. S&P Capital IQ Therefore, bulls argue that they are buying Nvidia at a discount because increased earnings have increased its valuation to justify the price. Nvidia is most likely to capture the AI market While the stocks of other hyped technology companies saw their bubbles burst, Nvidia came out of 2022 stronger because of actual advances in AI technology. In the world of AI, many argue that Nivida is the best fit to capitalize on the market; it’s said to own almost 90% of the AI chip market. Nvidia had a first-mover advantage because its original market, gaming, used parallel processors — perfect for AI applications. Other than speed itself, it also beats competitors in its network power and software. Nvidia acquired Mellanox, which helps it link thousands of GPUs in a data center together to boost performance. In terms of software, its investment in this area is a key factor as to why it beats AMD in performance, even though its chips aren’t that much more powerful. Nvidia faces short-term headwinds and concentration risks There are key areas where Nvidia is facing headwinds which could likely mean lower than projected revenue. This itself is dangerous since much of Nivida’s valuation currently comes from its expected profits. One headwind is China, where Nvidia has been caught between the cold war between the US and China, and the Biden administration has restricted Nvidia from selling its latest chips. As a result, China only accounts for single-digit revenue compared to 19% in FY 2023. In addition, there’s a heavy concentration risk. NVDA stock requires semiconductors to create GPUs, and almost all of it comes exclusively from Taiwan Semiconductors. When its competitors inevitably ramp up AI chips, Nivida will lose leverage as the biggest buyer from TSMC (NYSE:TSM) — it risks gross margins decreasing as TSMC can market the costs up. Customers turning to competitors Aside from traditional competitors like AMD (NASDAQ:AMD) and Intel (NASDAQ:INTC) fiercely trying to capitalize on the AI wave, one of the biggest challenges to Nvidia is that once customers are turning to competitors. Big tech companies like Microsoft (NASDAQ:MSFT) account for 15% of its revenue, Meta (NASDAQ:META) at 13%, Amazon (NASDAQ:AMZN) at 6.2% and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) at 5.8%. All of these companies are also designing their own AI chips. In the long term, Nvidia’s market share will certainly be tested. The stock is volatile  For investors, whether they are cynical or optimistic, the stock has historically been very volatile. It has a high beta of 1.73 (which measures volatility compared to the overall market), and the stock has dropped by over 50% on 14 occasions since it IPOed. With one buyer reportedly accounting for one-fifth of Nvidia’s AI chip sales, it’s completely possible that Nvidia stock can easily take a turn for the worst if sales slow down. In addition, the fact that so much of its value is now rested on its future performance means the stock becomes even more risky if it doesn’t meet investor expectations quarterly. Therefore, investors must recognize that Nvidia is highly risky, and should be prepared to hold it for the long term. For me, I think there are better deals out there to invest in AI stocks. It still doesn’t hurt to own a little bit of Nvidia, and buying a share of the S&P 500 index would already give most investors exposure to Nvidia. The AI market is big, and there are more stocks out there that haven’t been overhyped yet and offer more stability for returns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":281749955805344,"gmtCreate":1709815122301,"gmtModify":1709815126136,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"I would do the safest thing and apply equal allocation to the 7 stocks 💪🏼","listText":"I would do the safest thing and apply equal allocation to the 7 stocks 💪🏼","text":"I would do the safest thing and apply equal allocation to the 7 stocks 💪🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/281749955805344","isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279326906790176,"gmtCreate":1709216512213,"gmtModify":1709216516603,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Is this a joke?! Has you seen the EPS of AMD vs Nvidia?! Totally no comparison&nbsp;","listText":"Is this a joke?! Has you seen the EPS of AMD vs Nvidia?! Totally no comparison&nbsp;","text":"Is this a joke?! Has you seen the EPS of AMD vs Nvidia?! Totally no comparison","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279326906790176","repostId":"1168293596","repostType":2,"repost":{"id":"1168293596","pubTimestamp":1709215200,"share":"https://www.laohu8.com/m/news/1168293596?lang=&edition=full","pubTime":"2024-02-29 22:00","market":"us","language":"en","title":"AMD Could Soon Have Its \"Nvidia Moment\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1168293596","media":"Seeking Alpha","summary":"SummaryNvidia Corporation's strong outlook for FQ1 2025 indicates accelerating adoption of AI chips.Advanced Micro Devices, Inc. is investing in its AI capabilities and announced the launch of dedicat","content":"<html><head></head><body><h2 id=\"id_2905341601\" style=\"text-align: left;\">Summary</h2><ul style=\"\"><li><p>Nvidia Corporation&#39;s strong outlook for FQ1 2025 indicates accelerating adoption of AI chips.</p></li><li><p>Advanced Micro Devices, Inc. is investing in its AI capabilities and announced the launch of dedicated AI chips to train language models.</p></li><li><p>Nvidia has a revenue concentration advantage in the AI market, but AMD is catching up.</p></li><li><p>I am upgrading AMD following Nvidia&#39;s very impressive earnings for FQ4 2024, but believe AMD shares are about fairly valued now.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b259c77aa5e04cab271ddd0c7d7fdb9\" alt=\"Vertigo3d\" title=\"Vertigo3d\" tg-width=\"750\" tg-height=\"422\"/><span>Vertigo3d</span></p><p><strong>Advanced Micro Devices, Inc.</strong> (NASDAQ:AMD) has seen a sharp share price upward revaluation over the last year as Data Center growth trends played out that I unfortunately underestimated in 2023. AMD is seeing considerable top line revenue momentum in its Data Center segment and reported two consecutive quarters of revenue growth acceleration in Q3 &#39;23 and Q4 &#39;24. With major artificial intelligence (&#34;AI&#34;) themes playing out in the market right now and with AMD&#39;s revenue share in Data Center growing rapidly, I have decided to upgrade shares of AMD to hold. Nvidia Corporation&#39;s (NVDA) earnings release and blowout guidance for FQ1 &#39;25 was a major catalyst for my rating change here as well!</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7ee6859cf14b526d80bace2d07d2e73\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"439\"/><span>Data by YCharts</span></p><h2 id=\"id_3330928538\">Previous rating</h2><p>I rated AMD shares a sell in May 2023 due to what I believed was a stretched valuation and excessive enthusiasm about AMD’s strength in the server processor market (a.k.a. as its Data Center operations) at the time (shares are up 41% since). However, given Nvidia&#39;s recent blowout earnings report, which I discussed in my work recent &#34;Nvidia: Lessons Learned From My Worst Call Ever,&#34; I believe AMD is set to see its third quarter of revenue acceleration in Q1 &#39;24. While the earnings date is still some time away, AMD is likely seeing the same tipping point in AI adoption as Nvidia.</p><h2 id=\"id_262027464\">The big game is now AI</h2><p>While I have previously been more focused on AMD’s potential in the GPU market -- in part due to a massive GPU shortage that in FY 2022 supported pricing gains for graphics processing units used by gamers, cryptocurrency miners, professionals and content creators -- the big game is now clearly being played in the artificial intelligence market.</p><p>Based on projections made by Precedence Research, a data analytics and research firm, the market for artificial intelligence products is set to see, driven by the mainstreaming of AI applications, strong secular growth tailwinds that are expected to last into the next decade. The size of the artificial intelligence market is expected to hit $2.6T in FY 2032, which implies a 5.7X factor increase relative to the FY 2022 base year. The implicit growth projection calculates to a compound annual growth rate of approximately 20%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4e23fdcf6f690cac942dd5740ff5a20\" alt=\"Precedence Research\" title=\"Precedence Research\" tg-width=\"640\" tg-height=\"379\"/><span>Precedence Research</span></p><p>Since AMD is investing aggressively into its AI capabilities and is launching its own dedicated chips that are specifically suited for artificial intelligence applications, I believe I previously underestimated AMD’s AI potential. The investments, from a product perspective, chiefly relate to AI-dedicated GPUs that have the potential to train AI models used by large companies. Last December, AMD announced the launch of the AMD Instinct MI300X GPU which has been developed specifically to support large-language model training. Companies like Meta Platforms, Microsoft and Oracle have announced that they will use MI300X GPUs for their cloud services.</p><p>Over the last five years both AMD and Nvidia have ramped up their capital expenditures significantly. Since AMD and Nvidia made it a priority to improve the line-ups of their high-performance AI chips, I expect this trend to continue in FY 2024.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b670f815866d88f0dff9f7f8579cb2b6\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"439\"/><span>Data by YCharts</span></p><h2 id=\"id_473583018\">Nvidia has a more concentrated Data Center-related revenue stream, but AMD is catching up</h2><p>AMD grew its Data Center revenues 38% year-over-year in Q4 2023 (the quarter ending December) while Nvidia’s core segment revenues increased 409% from the year-earlier period (Nvidia&#39;s quarter ended January 28, 2024). This growth differential matters greatly because Nvidia’s Data Center operations are much bigger than AMD’s, as measured by their corresponding revenue shares.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/90030ce01fc2b716cac588c21b24fb0c\" alt=\"AMD\" title=\"AMD\" tg-width=\"640\" tg-height=\"346\"/><span>AMD</span></p><p>Nvidia&#39;s significantly stronger top line growth is a key advantage the firm has over AMD, and it relates to Nvidia having a revenue mix that is optimized for the AI/Data Center revolution. Nvidia’s Data Center-related revenues are 3.6X larger than AMD&#39;s and the revenue share is 2.2X larger: Nvidia&#39;s total consolidated revenues consisted to 83% of Data Center-related revenues while AMD&#39;s Data Center business (as reported) represented a relatively small 37% top line share.</p><p>This means that for every dollar in revenue generated AMD&#39;s Data Center segment contributes 37 cents compared to a revenue contribution of 83 cents for Nvidia. Since the new growth frontier for these chip maker seems to be in artificial intelligence, I believe that Nvidia is set to benefit more profoundly from AI-driven growth in the market.</p><p>However, AMD is catching up. AMD announced the launch of its own dedicated AI graphics processing unit, the Instinct MI300X data center chip, in December which supports the training of AI models. This AI GPU product roll-out could gain serious momentum for AMD in FY 2024 as demand for these products is growing rapidly. While Nvidia has seen two consecutive quarters of revenue deceleration, AMD&#39;s top line has seen accelerating growth in the last two quarters. In fact, AMD&#39;s Q4&#39;23 Data Center revenue growth rate Q/Q surpassed Nvidia&#39;s segment growth by 16 PP. AMD&#39;s Data Center revenue share also increased from 25% in Q2&#39;23 to 37% in Q4&#39;23, so AMD is seeing a trend of growing AI-related revenue importance while the new product launches could add to the developing momentum in Q1&#39;24.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/241222f18cb689361a6f75af8a4caa28\" alt=\"Source: Author\" title=\"Source: Author\" tg-width=\"820\" tg-height=\"899\"/><span>Source: Author</span></p><p>Nvidia already got a head start in the AI market by launching the H100 chip in 2022. This chip has been specifically designed for supporting artificial intelligence applications in the Data Center market. AMD has been lagging behind Nvidia in the AI GPU market, but the company in December announced the introduction of the Instinct MI300X accelerator and the Instinct M1300A accelerated processing unit.</p><p style=\"text-align: left;\">Intel (INTC) announced the Gaudi3 chip for generative AI software in December, to be launched in FY 2024. While AMD and Intel are getting ready to launch their first AI GPUs, Nvidia is already moving towards the next-gen H200 which is expected to be available in Q2&#39;24. Given Nvidia&#39;s early launch of the H100, the company owns the majority of the Data Center GPU market.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edaad35f217ea7cbb5d664b3cd5b39fd\" alt=\"IoT Analytics\" title=\"IoT Analytics\" tg-width=\"640\" tg-height=\"640\"/><span>IoT Analytics</span></p><h2 id=\"id_135395277\" style=\"text-align: left;\">Expectations for AMD in FY 2024</h2><p style=\"text-align: left;\">Nvidia&#39;s outlook for FQ1 &#39;25 has strong implications for AMD -- Nvidia called for $24B in revenues, implying a Y/Y growth rate of 334% -- which is that AI product and chip adoption is accelerating in the market as artificial intelligence applications are mainstreamed. With companies investing serious money into building their own AI-supported large language models ((LLMs)), AMD is set for stronger revenue tailwinds that I initially expected.</p><p style=\"text-align: left;\">Given these trends I expect for AMD a continual expansion of the Data-Center revenue share in FY 2024. Given that AMD&#39;s Data Center-related revenue share is relatively small at 37% (relative to Nvidia), AMD may be able to grow its segment revenue share much faster than Nvidia this year as well.</p><p style=\"text-align: left;\">AMD is making moves to catch up to Nvidia as well which could lead to further sentiment improvements and EPS estimate upside revisions. The company recently announced the launch of the Instinct MI300X accelerator and the Instinct M1300A accelerated processing unit which are used to train LLMs. The MI300X chip is set to compete against Nvidia’s H100 chip, the firm&#39;s high-end AI GPU. As these products roll out and AMD sees accelerating shipments, the company&#39;s Data Center growth could surprise to the upside in FY 2024.</p><h2 id=\"id_1148213393\" style=\"text-align: left;\">Nvidia actually has a valuation advantage relative to AMD... but AMD is facing its own &#39;Nvidia moment&#39;</h2><p style=\"text-align: left;\">Nvidia not only has a growth and Data Center concentration advantage relative to AMD, but Nvidia&#39;s shares are also cheaper. Nvidia is trading at a P/E ratio of 27X compared to AMD&#39;s 32X P/E ratio. Estimates for Nvidia have also rapidly reset to the upside in the last couple of months which reflects the market&#39;s confidence that Nvidia&#39;s growth can be sustained.</p><p style=\"text-align: left;\">Interestingly, both AMD and Nvidia have traded at about 30X P/E in the last three years, on average. With shares of AMD -- despite slower projected revenue growth -- being more expensive than Nvidia (and trading above the 3-year average P/E ratio), I believe AMD is currently slightly overvalued at a price of $176. Based off of a &#34;fair value&#34; P/E ratio range of 30-31X (the 3-year average), shares of AMD could have a fair value of $164-169.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47537bfc56c7db5dc25c21d7df228b79\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"525\"/><span>Data by YCharts</span></p><p style=\"text-align: left;\">AMD had FY 2023 free cash flow of $1.12B and a FCF margin of 5%. Given that AMD is seeing the rollout of its AI GPU this year, I expect strong upside in the FCF margin. Calculating with a FCF margin of 5% (to remain conservative) and a consensus FY 2024 top line estimate of $25.8B results in a P/FCF ratio of 220X. A 10% FCF margin (which would still be below the FY 2023 FCF margin level of 13%) implies a forward P/FCF ratio of 110X.</p><p style=\"text-align: left;\">AMD, since it is not yet benefiting from the sale of expensive, high-performance AI chips, is much more expensive than Nvidia. AMD&#39;s main rival had $26.9B in free cash flow in FY 2024 which calculates to a 44% free cash flow margin. Assuming a stable FCF margin for the current fiscal year and using a $109.7B revenue consensus estimate, Nvidia is valued at 40X projected FCF.</p><p style=\"text-align: left;\">Nvidia currently has the higher free cash flow value, but AMD should see a significant expansion in its FCF margin as it scales its AI GPU and could therefore also soon have its own &#34;Nvidia moment&#34; of explosive free cash flow growth.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0aab5caa5319d9087a9e782cc28c07bb\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"439\"/><span>Data by YCharts</span></p><h2 id=\"id_2231835026\" style=\"text-align: left;\">Risks with AMD</h2><p style=\"text-align: left;\">AMD is set to benefit from these powerful AI trends and the company has seen two consecutive quarters of revenue acceleration already. Nvidia&#39;s earnings report and outlook for FQ1&#39;25 strongly implies that this revenue momentum, for both AMD and Nvidia, is here to stay. What would change my mind about AMD is if the company failed to translate top line growth, especially in its core Data Center business, into real earnings growth. A falling share of Data Center revenues would also be a concern to me.</p><h2 id=\"id_3157126905\" style=\"text-align: left;\">Final considerations</h2><p style=\"text-align: left;\">Nvidia’s recent blowout earnings release and strong outlook for AI-specific Data Center growth implies that Advanced Micro Devices, Inc. is seeing the same tailwinds in its Data Center business. Nvidia got a head-start in the business by making an early and aggressive bet on the AI market, and its Nvidia AI platform for enterprise customers is seeing accelerating corporate adoption. AMD, however, makes good moves here as well and recently caught up to Nvidia in terms of Data Center revenue growth. This implies that AMD could soon face its own Nvidia moment: the launch of an AI GPU that catalyzes an immense free cash flow upswing. Following Nvidia&#39;s blowout report and improving outlook for AI-related Data Center growth, I am therefore also upgrading my stock rating on AMD to hold!</p></body></html>","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>AMD Could Soon Have Its \"Nvidia Moment\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Could Soon Have Its \"Nvidia Moment\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-29 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4674334-amd-could-soon-have-its-nvidia-moment-rating-upgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia Corporation's strong outlook for FQ1 2025 indicates accelerating adoption of AI chips.Advanced Micro Devices, Inc. is investing in its AI capabilities and announced the launch of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4674334-amd-could-soon-have-its-nvidia-moment-rating-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4674334-amd-could-soon-have-its-nvidia-moment-rating-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1168293596","content_text":"SummaryNvidia Corporation's strong outlook for FQ1 2025 indicates accelerating adoption of AI chips.Advanced Micro Devices, Inc. is investing in its AI capabilities and announced the launch of dedicated AI chips to train language models.Nvidia has a revenue concentration advantage in the AI market, but AMD is catching up.I am upgrading AMD following Nvidia's very impressive earnings for FQ4 2024, but believe AMD shares are about fairly valued now.Vertigo3dAdvanced Micro Devices, Inc. (NASDAQ:AMD) has seen a sharp share price upward revaluation over the last year as Data Center growth trends played out that I unfortunately underestimated in 2023. AMD is seeing considerable top line revenue momentum in its Data Center segment and reported two consecutive quarters of revenue growth acceleration in Q3 '23 and Q4 '24. With major artificial intelligence (\"AI\") themes playing out in the market right now and with AMD's revenue share in Data Center growing rapidly, I have decided to upgrade shares of AMD to hold. Nvidia Corporation's (NVDA) earnings release and blowout guidance for FQ1 '25 was a major catalyst for my rating change here as well!Data by YChartsPrevious ratingI rated AMD shares a sell in May 2023 due to what I believed was a stretched valuation and excessive enthusiasm about AMD’s strength in the server processor market (a.k.a. as its Data Center operations) at the time (shares are up 41% since). However, given Nvidia's recent blowout earnings report, which I discussed in my work recent \"Nvidia: Lessons Learned From My Worst Call Ever,\" I believe AMD is set to see its third quarter of revenue acceleration in Q1 '24. While the earnings date is still some time away, AMD is likely seeing the same tipping point in AI adoption as Nvidia.The big game is now AIWhile I have previously been more focused on AMD’s potential in the GPU market -- in part due to a massive GPU shortage that in FY 2022 supported pricing gains for graphics processing units used by gamers, cryptocurrency miners, professionals and content creators -- the big game is now clearly being played in the artificial intelligence market.Based on projections made by Precedence Research, a data analytics and research firm, the market for artificial intelligence products is set to see, driven by the mainstreaming of AI applications, strong secular growth tailwinds that are expected to last into the next decade. The size of the artificial intelligence market is expected to hit $2.6T in FY 2032, which implies a 5.7X factor increase relative to the FY 2022 base year. The implicit growth projection calculates to a compound annual growth rate of approximately 20%.Precedence ResearchSince AMD is investing aggressively into its AI capabilities and is launching its own dedicated chips that are specifically suited for artificial intelligence applications, I believe I previously underestimated AMD’s AI potential. The investments, from a product perspective, chiefly relate to AI-dedicated GPUs that have the potential to train AI models used by large companies. Last December, AMD announced the launch of the AMD Instinct MI300X GPU which has been developed specifically to support large-language model training. Companies like Meta Platforms, Microsoft and Oracle have announced that they will use MI300X GPUs for their cloud services.Over the last five years both AMD and Nvidia have ramped up their capital expenditures significantly. Since AMD and Nvidia made it a priority to improve the line-ups of their high-performance AI chips, I expect this trend to continue in FY 2024.Data by YChartsNvidia has a more concentrated Data Center-related revenue stream, but AMD is catching upAMD grew its Data Center revenues 38% year-over-year in Q4 2023 (the quarter ending December) while Nvidia’s core segment revenues increased 409% from the year-earlier period (Nvidia's quarter ended January 28, 2024). This growth differential matters greatly because Nvidia’s Data Center operations are much bigger than AMD’s, as measured by their corresponding revenue shares.AMDNvidia's significantly stronger top line growth is a key advantage the firm has over AMD, and it relates to Nvidia having a revenue mix that is optimized for the AI/Data Center revolution. Nvidia’s Data Center-related revenues are 3.6X larger than AMD's and the revenue share is 2.2X larger: Nvidia's total consolidated revenues consisted to 83% of Data Center-related revenues while AMD's Data Center business (as reported) represented a relatively small 37% top line share.This means that for every dollar in revenue generated AMD's Data Center segment contributes 37 cents compared to a revenue contribution of 83 cents for Nvidia. Since the new growth frontier for these chip maker seems to be in artificial intelligence, I believe that Nvidia is set to benefit more profoundly from AI-driven growth in the market.However, AMD is catching up. AMD announced the launch of its own dedicated AI graphics processing unit, the Instinct MI300X data center chip, in December which supports the training of AI models. This AI GPU product roll-out could gain serious momentum for AMD in FY 2024 as demand for these products is growing rapidly. While Nvidia has seen two consecutive quarters of revenue deceleration, AMD's top line has seen accelerating growth in the last two quarters. In fact, AMD's Q4'23 Data Center revenue growth rate Q/Q surpassed Nvidia's segment growth by 16 PP. AMD's Data Center revenue share also increased from 25% in Q2'23 to 37% in Q4'23, so AMD is seeing a trend of growing AI-related revenue importance while the new product launches could add to the developing momentum in Q1'24.Source: AuthorNvidia already got a head start in the AI market by launching the H100 chip in 2022. This chip has been specifically designed for supporting artificial intelligence applications in the Data Center market. AMD has been lagging behind Nvidia in the AI GPU market, but the company in December announced the introduction of the Instinct MI300X accelerator and the Instinct M1300A accelerated processing unit.Intel (INTC) announced the Gaudi3 chip for generative AI software in December, to be launched in FY 2024. While AMD and Intel are getting ready to launch their first AI GPUs, Nvidia is already moving towards the next-gen H200 which is expected to be available in Q2'24. Given Nvidia's early launch of the H100, the company owns the majority of the Data Center GPU market.IoT AnalyticsExpectations for AMD in FY 2024Nvidia's outlook for FQ1 '25 has strong implications for AMD -- Nvidia called for $24B in revenues, implying a Y/Y growth rate of 334% -- which is that AI product and chip adoption is accelerating in the market as artificial intelligence applications are mainstreamed. With companies investing serious money into building their own AI-supported large language models ((LLMs)), AMD is set for stronger revenue tailwinds that I initially expected.Given these trends I expect for AMD a continual expansion of the Data-Center revenue share in FY 2024. Given that AMD's Data Center-related revenue share is relatively small at 37% (relative to Nvidia), AMD may be able to grow its segment revenue share much faster than Nvidia this year as well.AMD is making moves to catch up to Nvidia as well which could lead to further sentiment improvements and EPS estimate upside revisions. The company recently announced the launch of the Instinct MI300X accelerator and the Instinct M1300A accelerated processing unit which are used to train LLMs. The MI300X chip is set to compete against Nvidia’s H100 chip, the firm's high-end AI GPU. As these products roll out and AMD sees accelerating shipments, the company's Data Center growth could surprise to the upside in FY 2024.Nvidia actually has a valuation advantage relative to AMD... but AMD is facing its own 'Nvidia moment'Nvidia not only has a growth and Data Center concentration advantage relative to AMD, but Nvidia's shares are also cheaper. Nvidia is trading at a P/E ratio of 27X compared to AMD's 32X P/E ratio. Estimates for Nvidia have also rapidly reset to the upside in the last couple of months which reflects the market's confidence that Nvidia's growth can be sustained.Interestingly, both AMD and Nvidia have traded at about 30X P/E in the last three years, on average. With shares of AMD -- despite slower projected revenue growth -- being more expensive than Nvidia (and trading above the 3-year average P/E ratio), I believe AMD is currently slightly overvalued at a price of $176. Based off of a \"fair value\" P/E ratio range of 30-31X (the 3-year average), shares of AMD could have a fair value of $164-169.Data by YChartsAMD had FY 2023 free cash flow of $1.12B and a FCF margin of 5%. Given that AMD is seeing the rollout of its AI GPU this year, I expect strong upside in the FCF margin. Calculating with a FCF margin of 5% (to remain conservative) and a consensus FY 2024 top line estimate of $25.8B results in a P/FCF ratio of 220X. A 10% FCF margin (which would still be below the FY 2023 FCF margin level of 13%) implies a forward P/FCF ratio of 110X.AMD, since it is not yet benefiting from the sale of expensive, high-performance AI chips, is much more expensive than Nvidia. AMD's main rival had $26.9B in free cash flow in FY 2024 which calculates to a 44% free cash flow margin. Assuming a stable FCF margin for the current fiscal year and using a $109.7B revenue consensus estimate, Nvidia is valued at 40X projected FCF.Nvidia currently has the higher free cash flow value, but AMD should see a significant expansion in its FCF margin as it scales its AI GPU and could therefore also soon have its own \"Nvidia moment\" of explosive free cash flow growth.Data by YChartsRisks with AMDAMD is set to benefit from these powerful AI trends and the company has seen two consecutive quarters of revenue acceleration already. Nvidia's earnings report and outlook for FQ1'25 strongly implies that this revenue momentum, for both AMD and Nvidia, is here to stay. What would change my mind about AMD is if the company failed to translate top line growth, especially in its core Data Center business, into real earnings growth. A falling share of Data Center revenues would also be a concern to me.Final considerationsNvidia’s recent blowout earnings release and strong outlook for AI-specific Data Center growth implies that Advanced Micro Devices, Inc. is seeing the same tailwinds in its Data Center business. Nvidia got a head-start in the business by making an early and aggressive bet on the AI market, and its Nvidia AI platform for enterprise customers is seeing accelerating corporate adoption. AMD, however, makes good moves here as well and recently caught up to Nvidia in terms of Data Center revenue growth. This implies that AMD could soon face its own Nvidia moment: the launch of an AI GPU that catalyzes an immense free cash flow upswing. Following Nvidia's blowout report and improving outlook for AI-related Data Center growth, I am therefore also upgrading my stock rating on AMD to hold!","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273135321399512,"gmtCreate":1707721378308,"gmtModify":1707721382634,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Ultimately, its still to do our own due diligence vefore buying <a href=\"https://ttm.financial/U/3573203718015318\"> @JenneyJJ </a>","listText":"Ultimately, its still to do our own due diligence vefore buying <a href=\"https://ttm.financial/U/3573203718015318\"> @JenneyJJ </a>","text":"Ultimately, its still to do our own due diligence vefore buying @JenneyJJ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273135321399512","isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273052459446408,"gmtCreate":1707701137984,"gmtModify":1707701142254,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Drogon","listText":"Drogon","text":"Drogon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273052459446408","isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272713776615672,"gmtCreate":1707618305982,"gmtModify":1707618310470,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"This is awesome. Love Game of Thrones and dragons","listText":"This is awesome. Love Game of Thrones and dragons","text":"This is awesome. Love Game of Thrones and dragons","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272713776615672","isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":251517695844632,"gmtCreate":1702442917334,"gmtModify":1702442920377,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00788\">$CHINA TOWER(00788)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/00788\">$CHINA TOWER(00788)$&nbsp;</a>","text":"$CHINA TOWER(00788)$","images":[{"img":"https://community-static.tradeup.com/news/969b34dd8091d9f53f16e874aebba300","width":"1086","height":"1713"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251517695844632","isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":246566687666336,"gmtCreate":1701218428713,"gmtModify":1701218432805,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"RIP, Charlie 🙏","listText":"RIP, Charlie 🙏","text":"RIP, Charlie 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246566687666336","repostId":"2387912906","repostType":2,"repost":{"id":"2387912906","pubTimestamp":1701212076,"share":"https://www.laohu8.com/m/news/2387912906?lang=&edition=full","pubTime":"2023-11-29 06:54","market":"us","language":"en","title":"Charlie Munger, Buffett’s Right Hand Man, Dies at 99","url":"https://stock-news.laohu8.com/highlight/detail?id=2387912906","media":"marketwatch","summary":"Charlie Munger, the outspoken business partner and sounding board of          Berkshire Hathaway        CEO Warren Buffett for more than 50 years, died at age 99 in Los Angeles, about a month before h","content":"<html><head></head><body><p>Charlie Munger, the outspoken business partner and sounding board of Berkshire Hathaway CEO Warren Buffett for more than 50 years, died at age 99 in Los Angeles, about a month before he would have turned 100 on Jan. 1, 2024.</p><p>Munger died peacefully Tuesday morning at a California hospital, according to a statement from Berkshire.</p><p>“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said.</p><p>As Berkshire’s vice chairman, Munger offered advice to Buffett on a range of matters including investments, acquisitions, and corporate management.</p><p>Like Buffett, he took a salary of just $100,000 annually for more than 25 years and believed that the rich should exercise self restraint in their lifestyles. Also like Buffett, he lived in the same house for over 60 years. Munger was wealthy thanks to his Berkshire stake that was worth more than $2 billion.</p><p>“Charlie has the best 30-second mind in the world,” Buffett once said. “He goes from A to Z in one move. He sees the essence of everything before you even finish the sentence.”</p><p>Buffet noted that Munger helped him see the value during the late 20th century in growth companies like Coca-Cola, a shift from his previous focus on cheap, undervalued companies—which Buffett’s mentor, noted value investor Benjamin Graham, called cigar butts.</p><p>Buffett also credited Munger with one of Berkshire’s best investments of the past 20 years, BYD, a Chinese car and battery maker. Berkshire’s investment was worth $6 billion in early 2021, 25 times its cost. Berkshire has subsequently sharply cut its stake in the company.</p><p>Like Buffett, Munger ran an investment partnership that racked up outsize returns earlier in his career. Munger’s partnership, which predated the start of his involvement with Berkshire in 1978, generated a 13.7% annualized return from 1962 to 1975, against a 5% yearly return for the Dow Jones Industrial Average.</p><p>Munger sometimes referred to what he called the Lollapalooza effect, which refers to a combination of forces or trends that results in a more magnified result than each individually.</p><p>The success of Berkshire’s Geico auto-insurance unit showed the Lollapalooza effect as the combination of a low-cost model operating model, a trend to direct sales of insurance policies to consumers and strong management allowed Geico to quadruple its market share from 1996 to 2021.</p><p>Munger may have been best known for his tart comments over the years on multiple topics including Bitcoin, whose growth he deemed “disgusting,” in part by its use by kidnappers and ransomware practitioners.</p><p>He was no fan of the <a href=\"https://laohu8.com/S/HOOD\">Robinhood</a> online brokerage platform, which he called “beneath contempt” in May 2021. The reason: “It’s a gambling parlor masquerading as a respectable business.” Robinhood disputed that contention.</p><p>Munger was enormously popular with many Berkshire shareholders who relished his appearance at the company’s annual meeting, where he and Buffett would hold forth for hours about Berkshire, investments, economics, politics, and life lessons in Omaha’s largest arena before a crowd that numbered more than 30,000.</p><p>Longtime Berkshire investors liked Munger’s moral compass, his willingness to speak his mind, his ability to turn a phrase, and his great rapport with Buffett. All this was a welcome contrast to so many tight-lipped, afraid-to-offend corporate executives.</p><p>Munger missed the 2020 virtual annual meeting because of the pandemic, and Buffett was so eager to include him in 2021 that he flew to Los Angeles to hold the meeting there virtually with Munger rather than in Omaha, where Berkshire has its headquarters. Munger attended the 2022 and 2023 annual meetings.</p><p>While Munger and Buffett both grew up in Omaha, they didn’t meet until 1959 and became friends almost immediately.</p><p>“I just knew instantly Charlie was the kind of guy that I was going to like, and I was going to learn from,” Buffett said in a CNBC interview in June 2021. “But, you know, it wasn’t anything calculated, a decision or anything like that. It was natural. And we have had nothing but fun.”</p><p>“We have never had an argument, 62 years. And it’s not that we agree on everything. We literally, in 62 years, we’ve never gone mad at each other,” Buffett said at the 2021 annual meeting.</p><p>Buffett helped convince Munger not to practice law full time, although Munger was a longtime partner at the firm of Munger, Tolles &amp; Olson in Los Angeles. He was a longtime director of Costco Wholesale and chairman of the Daily Journal, a newspaper and investment company. Munger fans enjoyed his appearance at the Daily Journal’s annual meeting.</p><p>In response to a question at the 2021 annual meeting about Berkshire’s underperformance relative to the S&amp;P 500 over the past 10 years, Munger said: “I’d bet on Berkshire over the market.” He did note that investing was getting more difficult. “We’re used to shooting fish in a barrel, but it’s getting harder.” Berkshire has outperformed the S&amp;P 500 since that meeting and now is ahead of the market over the past 10 years. </p><p>Munger observed that he and Buffett did things differently than the typical corporate executives.</p><p>“We both insist on a lot of time being available almost everyday to just sit and think. That is very uncommon in American business. We read and think.”</p><p>Munger and Buffett were proud of Berkshire’s distinctive, decentralized corporate structure, and loathed bureaucracy and consultants.</p><p>In introducing Munger at the 2021 meeting, Buffett said, “And I would say he’s probably the vice chairman in charge of culture, among other things. But if I ever want to get questions about where true north is, I talk to Charlie, and he has been an enormous help.”</p><p>Munger discussed the Berkshire way at the meeting.</p><p>“We’re different from practically every other big corporation in the United States in that we are so excessively decentralized.” he said. “We have decentralized so much and we have so much authority in the subsidiaries that we can keep doing it for a long, long time as long as it keeps working. And I would say so far that our decentralization has caused more benefits than defects, but nobody seems to copy us.”</p><p>Berkshire’s board let Buffett determine the pay of his top managers, vice-chairmen Greg Abel and Ajit Jain, pretty much as he saw fit. Both have earned $19 million in the past few years. The lack of any formal pay guidelines drew some criticism from proxy monitors.</p><p>Munger hated the use of compensation consultants who helped draw up often incomprehensible executive pay schemes used at most big companies. He said he’d “rather throw a viper down my shirt front than hire a compensation consultant.” Buffett has added that if the Berkshire board hires one after he’s dead, he would “come back, mad.”</p><p>It was at the 2021 annual meeting that Munger let slip that “Greg will keep the culture.” That reference to Berkshire Vice Chairman Greg Abel was the first public signal that Abel was the likely successor to Buffett as CEO—something Berkshire quickly confirmed.</p><p>One of the big questions about Berkshire is whether Abel, Buffett’s likely successor, will maintain the company’s unique culture that Buffett and Munger created and nurtured for nearly 60 years. </p></body></html>","source":"mwatch_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>Charlie Munger, Buffett’s Right Hand Man, Dies at 99</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\">\nCharlie Munger, Buffett’s Right Hand Man, Dies at 99\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-29 06:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/charlie-munger-dies-at-99-311d3a59?mod=newsviewer_click><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Charlie Munger, the outspoken business partner and sounding board of Berkshire Hathaway CEO Warren Buffett for more than 50 years, died at age 99 in Los Angeles, about a month before he would have ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/charlie-munger-dies-at-99-311d3a59?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4588":"碎股","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4550":"红杉资本持仓","LU0971096721.USD":"富达环球金融服务 A","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4581":"高盛持仓","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4176":"多领域控股","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4585":"ETF&股票定投概念","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","BRK.A":"伯克希尔","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BRK.B":"伯克希尔B","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0251142724.SGD":"Fidelity America A-SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD"},"source_url":"https://www.marketwatch.com/articles/charlie-munger-dies-at-99-311d3a59?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2387912906","content_text":"Charlie Munger, the outspoken business partner and sounding board of Berkshire Hathaway CEO Warren Buffett for more than 50 years, died at age 99 in Los Angeles, about a month before he would have turned 100 on Jan. 1, 2024.Munger died peacefully Tuesday morning at a California hospital, according to a statement from Berkshire.“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said.As Berkshire’s vice chairman, Munger offered advice to Buffett on a range of matters including investments, acquisitions, and corporate management.Like Buffett, he took a salary of just $100,000 annually for more than 25 years and believed that the rich should exercise self restraint in their lifestyles. Also like Buffett, he lived in the same house for over 60 years. Munger was wealthy thanks to his Berkshire stake that was worth more than $2 billion.“Charlie has the best 30-second mind in the world,” Buffett once said. “He goes from A to Z in one move. He sees the essence of everything before you even finish the sentence.”Buffet noted that Munger helped him see the value during the late 20th century in growth companies like Coca-Cola, a shift from his previous focus on cheap, undervalued companies—which Buffett’s mentor, noted value investor Benjamin Graham, called cigar butts.Buffett also credited Munger with one of Berkshire’s best investments of the past 20 years, BYD, a Chinese car and battery maker. Berkshire’s investment was worth $6 billion in early 2021, 25 times its cost. Berkshire has subsequently sharply cut its stake in the company.Like Buffett, Munger ran an investment partnership that racked up outsize returns earlier in his career. Munger’s partnership, which predated the start of his involvement with Berkshire in 1978, generated a 13.7% annualized return from 1962 to 1975, against a 5% yearly return for the Dow Jones Industrial Average.Munger sometimes referred to what he called the Lollapalooza effect, which refers to a combination of forces or trends that results in a more magnified result than each individually.The success of Berkshire’s Geico auto-insurance unit showed the Lollapalooza effect as the combination of a low-cost model operating model, a trend to direct sales of insurance policies to consumers and strong management allowed Geico to quadruple its market share from 1996 to 2021.Munger may have been best known for his tart comments over the years on multiple topics including Bitcoin, whose growth he deemed “disgusting,” in part by its use by kidnappers and ransomware practitioners.He was no fan of the Robinhood online brokerage platform, which he called “beneath contempt” in May 2021. The reason: “It’s a gambling parlor masquerading as a respectable business.” Robinhood disputed that contention.Munger was enormously popular with many Berkshire shareholders who relished his appearance at the company’s annual meeting, where he and Buffett would hold forth for hours about Berkshire, investments, economics, politics, and life lessons in Omaha’s largest arena before a crowd that numbered more than 30,000.Longtime Berkshire investors liked Munger’s moral compass, his willingness to speak his mind, his ability to turn a phrase, and his great rapport with Buffett. All this was a welcome contrast to so many tight-lipped, afraid-to-offend corporate executives.Munger missed the 2020 virtual annual meeting because of the pandemic, and Buffett was so eager to include him in 2021 that he flew to Los Angeles to hold the meeting there virtually with Munger rather than in Omaha, where Berkshire has its headquarters. Munger attended the 2022 and 2023 annual meetings.While Munger and Buffett both grew up in Omaha, they didn’t meet until 1959 and became friends almost immediately.“I just knew instantly Charlie was the kind of guy that I was going to like, and I was going to learn from,” Buffett said in a CNBC interview in June 2021. “But, you know, it wasn’t anything calculated, a decision or anything like that. It was natural. And we have had nothing but fun.”“We have never had an argument, 62 years. And it’s not that we agree on everything. We literally, in 62 years, we’ve never gone mad at each other,” Buffett said at the 2021 annual meeting.Buffett helped convince Munger not to practice law full time, although Munger was a longtime partner at the firm of Munger, Tolles & Olson in Los Angeles. He was a longtime director of Costco Wholesale and chairman of the Daily Journal, a newspaper and investment company. Munger fans enjoyed his appearance at the Daily Journal’s annual meeting.In response to a question at the 2021 annual meeting about Berkshire’s underperformance relative to the S&P 500 over the past 10 years, Munger said: “I’d bet on Berkshire over the market.” He did note that investing was getting more difficult. “We’re used to shooting fish in a barrel, but it’s getting harder.” Berkshire has outperformed the S&P 500 since that meeting and now is ahead of the market over the past 10 years. Munger observed that he and Buffett did things differently than the typical corporate executives.“We both insist on a lot of time being available almost everyday to just sit and think. That is very uncommon in American business. We read and think.”Munger and Buffett were proud of Berkshire’s distinctive, decentralized corporate structure, and loathed bureaucracy and consultants.In introducing Munger at the 2021 meeting, Buffett said, “And I would say he’s probably the vice chairman in charge of culture, among other things. But if I ever want to get questions about where true north is, I talk to Charlie, and he has been an enormous help.”Munger discussed the Berkshire way at the meeting.“We’re different from practically every other big corporation in the United States in that we are so excessively decentralized.” he said. “We have decentralized so much and we have so much authority in the subsidiaries that we can keep doing it for a long, long time as long as it keeps working. And I would say so far that our decentralization has caused more benefits than defects, but nobody seems to copy us.”Berkshire’s board let Buffett determine the pay of his top managers, vice-chairmen Greg Abel and Ajit Jain, pretty much as he saw fit. Both have earned $19 million in the past few years. The lack of any formal pay guidelines drew some criticism from proxy monitors.Munger hated the use of compensation consultants who helped draw up often incomprehensible executive pay schemes used at most big companies. He said he’d “rather throw a viper down my shirt front than hire a compensation consultant.” Buffett has added that if the Berkshire board hires one after he’s dead, he would “come back, mad.”It was at the 2021 annual meeting that Munger let slip that “Greg will keep the culture.” That reference to Berkshire Vice Chairman Greg Abel was the first public signal that Abel was the likely successor to Buffett as CEO—something Berkshire quickly confirmed.One of the big questions about Berkshire is whether Abel, Buffett’s likely successor, will maintain the company’s unique culture that Buffett and Munger created and nurtured for nearly 60 years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":245316572254320,"gmtCreate":1700915766745,"gmtModify":1700915771403,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Yeah, SeekingAlpha is full of BS","listText":"Yeah, SeekingAlpha is full of BS","text":"Yeah, SeekingAlpha is full of BS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/245316572254320","repostId":"2386604719","repostType":2,"repost":{"id":"2386604719","pubTimestamp":1700901294,"share":"https://www.laohu8.com/m/news/2386604719?lang=&edition=full","pubTime":"2023-11-25 16:34","market":"us","language":"en","title":"6 AI Stocks I'm Thankful For","url":"https://stock-news.laohu8.com/highlight/detail?id=2386604719","media":"seekingalpha","summary":"While there is hype in the AI market, there are several exceptional long-term investment opportunities.The AI market is growing rapidly, with North America and Europe leading the way, offering remarka","content":"<html><head></head><body><ul style=\"\"><li><p>While there is hype in the AI market, there are several exceptional long-term investment opportunities.</p></li><li><p>The AI market is growing rapidly, with North America and Europe leading the way, offering remarkable long-term sales and profitability growth potential for high-quality AI-tech firms.</p></li><li><p>AI services and software are expected to have substantial growth, with global AI-related sales projected to reach over $2.5 trillion in the next decade.</p></li><li><p>Several of my favorite AI companies should continue doing exceptionally well.</p></li></ul><p>I&#39;m thankful for my friends and family. I&#39;m grateful for my kids. I&#39;m grateful to my wife. I&#39;m thankful for the fantastic life that I live. I&#39;m thankful to America, the innovation, and AI. I&#39;m grateful for the AI revolution, which should propel my top fund holdings very high.</p><p>Some call the AI market &#34;AI hype.&#34; While it is a trendy slogan, there are some things we must realize. Every world-changing technology comes with an element of hype, and that&#39;s okay. It&#39;s more of a fact of life.</p><p>Think back to the internet revolution of the 1990s and all the hype that followed. Perhaps the &#34;hype&#34; was responsible for pushing prices to obscenely high levels, but the way up to the top was spectacular. Investors that rode the wave from the early 90s to 2,000 hopping off at the right time realized immense returns.</p><p>If the internet boom was a nine-inning ballgame, 1995 was around the bottom of the third inning, and the party didn&#39;t end until the market peaked and the ball game ended on March 2,000.</p><p>Of course, the AI boom will be different, but it could be similar to the dot-com boom. The AI revolution is only beginning. We could be around a similar point where the internet was in 1994 or 1995. Therefore, we likely have years of solid stock appreciation for the highest-quality, AI market-leading companies globally.</p><h2 id=\"id_18638469\">The Massive AI Opportunity</h2><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f88ea17d82f2d5fb66d748577199e1d3\" tg-width=\"640\" tg-height=\"351\"/></p><p>AI market share by region (precedenceresearch.com)</p><p>The overwhelming majority of the AI market is in North America and Europe, regions friendliest to U.S. tech firms. The massive AI market represents remarkable potential for the highest-quality, market-leading AI-tech firms.</p><p>Canada&#39;s artificial intelligence market was valued at $43.7 billion in 2022 and is expected to reach $251.3 billion in 2032, an impressive CAGR of 19.2% from 2023 to 2032. Germany&#39;s AI market was valued at $25.7 billion in 2022 and is projected to grow at a CAGR of 20.6% from 2023 to 2032. We see a similar dynamic with Japan (CAGR of 21% to 2032), South Korea (CAGR of 21.1% to 2032), and other countries.</p><h2 id=\"id_324232126\">Software and Services Offering Massive Potential</h2><p>We can break down the AI market into three primary segments: hardware, software, and services. Services account for a significant 40% of the global market share. Moreover, services will likely continue expanding rapidly, outpacing the growth of the software and hardware segments.</p><p>Therefore, we choose the best AI companies that preferably engage in all three segments. For instance, Nvidia (NVDA) offers the most advanced enterprise-ready AI solutions consisting of a supercomputer on the hardware side, its software to run the AI supercomputer, and its suite of services to complete the package.</p><p>Super Micro Computer (SMCI) comes to mind if we look at hardware. Supermicro provides advanced hardware AI solutions that could continue leading the market.</p><p>We can look at Palantir (PLTR) on the software and services side. Palantir offers some of the best and most advanced AI software and services solutions and has an immense applicable market to expand its share in for many years.</p><h2 id=\"id_1609938587\">AI Growth Is Astonishing</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edb774fbea01def1d9f0d33ef7158ae0\" tg-width=\"640\" tg-height=\"386\"/></p><p>AI market sales growth (precedenceresearch.com)</p><p>Global AI-related sales are set to skyrocket. While this year&#39;s sales should be around $540 billion, this figure may quintuple to more than <strong>$2.575</strong> trillion in the next ten years. This dynamic represents stellar growth, and several high-quality tech companies with accelerated AI programs should capitalize on it by growing sales and substantially improving profitability in the future.</p><h2 id=\"id_274357433\">Remarkable AI Segment Growth Ahead</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ede1ff1e33c37405a9c8be1629b0cf1\" tg-width=\"640\" tg-height=\"87\"/></p><p>AI segment growth (precedenceresearch.com)</p><p>AI services should expand by about 18% to $208 billion this year. Moreover, this segment&#39;s revenues are set to skyrocket to nearly $1 trillion by 2032. We see a similar dynamic with software. AI-related software revenues could soar to almost $1T in a similar time frame. While AI hardware could lag slightly growth-wise, combined AI revenues could reach around <strong>$2.575 trillion</strong> in 2032.</p><p>These are massive annual sales, and solid growth will continue for many years. Many of the top AI companies should continue dominating their space, aggressively growing sales and profitability in the future. This dynamic should enable profitability growth to increase substantially, leading stock multiples to expand and enabling share prices to move significantly higher.</p><h2 id=\"id_4274941793\">Top AI Stocks for The Next Decade</h2><p><strong>1. <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - We know Nvidia as the &#34;godfather of AI.&#34; Nvidia has remarkable potential because of its market-leading GPU technology and leading data center/enterprise market position. Nvidia is the picks and shovels in the trenches, powering the foundation of the AI industry. Nvidia has explosive earnings momentum, and its stock is likely nowhere near its full potential.</p><p><strong>NVDA 1-Year Chart</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/040686f1e16304550b05a6abcdb95598\" tg-width=\"640\" tg-height=\"676\"/></p><p>NVDA (StockCharts.com)</p><p>Nvidia&#39;s stock has been consolidating around the $400-500 zone for six months. While we could see a more significant pullback in the near term, Nvidia could go much higher after the transitory downdraft. Also, after the prolonged consolidation stage, Nvidia could move toward new ATHs in the $600-700 price range.</p><p><strong>Nvidia - Far From Expensive</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1574f35b975b7f9db18321bcd32c4fe9\" tg-width=\"640\" tg-height=\"190\"/></p><p>Nvidia EPS estimates (SeekingAlpha.com )</p><p>Next year&#39;s consensus EPS is about $20, but given Nvidia&#39;s tenacity for surpassing consensus estimates, my estimate is $22.50. This suggests Nvidia trades around a 21.5-forward P/E. This valuation is cheap because of Nvidia&#39;s leading AI position, sales, and profitability growth potential. This dynamic makes Nvidia one of the best buys in the AI space.</p><p><strong>Nvidia: 2024 year-end price target range: $700-1,000</strong></p><p><strong>2. <a href=\"https://laohu8.com/S/PLTR\">Palantir</a></strong> - Palantir is the market leader in AI solutions for optimizing business operations globally. Almost any government agency and private enterprise can benefit from Palantir&#39;s comprehensive AI solutions. Therefore, Palantir should continue growing faster than the market expects. This dynamic should lead to better-than-expected profitability and a considerably higher stock price in future years.</p><p><strong>PLTR 1-Year Chart</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fe79b3c146cfdd6f8682c0d1731ac7a\" tg-width=\"640\" tg-height=\"676\"/></p><p>PLTR (StockCharts.com)</p><p>Palantir had a monster rally, tripping in a short time frame. Now, the company&#39;s stock has consolidated for about six months. Palantir is likely seeing up to go higher. After a brief pullback phase, Palantir should move for the $25 level.</p><p><strong>Revenue and Earnings Estimates Probably Too Low</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40c843860e732052af90c013fe83b5e2\" tg-width=\"640\" tg-height=\"194\"/></p><p>Palantir revenue estimates (SeekingAlpha.com )</p><p>Revenue estimates have come down a lot during the recent transitory economic downturn. While consensus figures imply a revenue growth of about 20%, Palantir could achieve higher ned sales estimates, delivering 25-30% growth instead. Moreover, Palantir has a remarkably long growth runway and could continue expanding sales at solid double-digit levels for many years. Additionally, Palantir could become more profitable than consensus estimates imply.</p><p><strong>Palantir&#39;s EPS Likely To Go Much Higher</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/481964e675495db1e6ef70ef7b1ed3bf\" tg-width=\"640\" tg-height=\"199\"/></p><p>Palantir EPS estimates (SeekingAlpha.com )</p><p>While the market anticipates robust EPS growth, Palantir could become more profitable even quicker. We could see EPS around $1 in 2025/2026, implying Palantir may trade around 25 forward P/E multiple here.</p><p><strong>Palantir: 2024 year-end price target range: $30-40</strong></p><p><strong>3. <a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a></strong> - Supermicro is a leading AI player on the hardware side. SMCI products and services should continue to garner high demand as the global transition to more advanced servers incorporating AI proceeds.</p><p><strong>SMCI - One Of The Cheapest AI Stocks</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ee2131fca5931760ddfe8af72d8852d\" tg-width=\"640\" tg-height=\"198\"/></p><p>SMCI EPS estimates (SeekingAlpha.com )</p><p>SMCI trades below 14 times next year&#39;s expected earnings, making it one of the cheapest AI stocks. Moreover, SMCI&#39;s EPS could continue surpassing analysts&#39; figures, and its multiple could expand, leading to a considerably higher stock price in future years.</p><p><strong>SMCI: 2024 year-end price target range: $400-550</strong></p><p>4. <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices </a> - AMD is a leader in GPU technology, essentially making the AI-GPU segment a double space. AMD&#39;s high-power chips can compete with Nvidia&#39;s. Also, AMD has CPU-AI potential and will likely have enormous growth ahead.</p><p><strong>AMD&#39;s Revenue Growth To Increase</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed36f582e02abcd431b709c89b55f097\" tg-width=\"640\" tg-height=\"242\"/></p><p>AMD&#39;s revenue growth (SeekingAlpha.com)</p><p>AMD&#39;s revenue growth should improve considerably due to increased AI demand. Also, AMD is expanding its AI-CPU influence in the PC/gaming market excellently. AMD&#39;s revenue growth could jump to around 20% in future years, leading to higher profitability and a considerably higher stock price.</p><p><strong>AMD: 2024 year-end price target range: $180-225</strong></p><p><strong>5. </strong><a href=\"https://laohu8.com/S/TSLA\">Tesla </a> - Despite its primary focus on producing cars, Tesla is one of the most significant AI companies. It has an AI and robotics program, making some of the most advanced chips in the AI industry.</p><p><strong>TSLA 1-Year Chart</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60f3f14f80f593dc43ac916df79f4dbd\" tg-width=\"640\" tg-height=\"676\"/></p><p>TSLA (StockCharts.com)</p><p>Tesla&#39;s stock has been consolidating for months and could go higher as the transitory economic slowdown concludes. Tesla&#39;s margins have been compressed due to inflation and lower car prices. However, the strategy should pay off, and Tesla&#39;s profitability should continue increasing considerably over the long run.</p><p><strong>Tesla: 2024 year-end price target range: $350-450</strong></p><p><strong>6. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a></strong> - While I don&#39;t own Meta now, I rode the stock from below $90 to more around $200 recently. It is a leader in the Metaverse concept, virtual and augmented reality and much more. Moreover, Meta is one of the most significant global companies with massive long-term AI potential. It&#39;s also a global social media leader with a monopoly-like structure in the social networking space.</p><p><strong>META 1-Year Chart</strong></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7418e99231f6fcdcbe4f252704144de1\" tg-width=\"640\" tg-height=\"676\"/></p><p>META (StockCharts.com)</p><p>Meta&#39;s technical image remains highly constructive here. Meta successfully retained $280-300 support. Now, the stock could break out above $350 to new ATHs.</p><p>Meta was a strong buy when trading around a 12-15 P/E multiple. However, due to its rapid price appreciation, Meta now sells around 20 times forward EPS estimates.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72da3ee17569979b776fd8e3e5d8f585\" tg-width=\"640\" tg-height=\"217\"/></p><p>EPS estimates (SeekingAlpha.com )</p><p>While this valuation is elevated relative to Meta&#39;s recent P/E multiple, it&#39;s still inexpensive because of Meta&#39;s explosive revenue and earnings growth potential. Meta could hit $23 in EPS in 2025, implying its current price tag is inexpensive here.</p><p><strong>Meta: 2024 year-end price target range: $425-475</strong></p></body></html>","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>6 AI Stocks I'm Thankful For</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\">\n6 AI Stocks I'm Thankful For\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-25 16:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4654088-six-ai-stocks-im-thankful-for><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While there is hype in the AI market, there are several exceptional long-term investment opportunities.The AI market is growing rapidly, with North America and Europe leading the way, offering ...</p>\n\n<a href=\"https://seekingalpha.com/article/4654088-six-ai-stocks-im-thankful-for\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达","META":"Meta Platforms","PLTR":"Palantir Technologies Inc.","TSLA":"特斯拉","SMCI":"超微电脑"},"source_url":"https://seekingalpha.com/article/4654088-six-ai-stocks-im-thankful-for","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2386604719","content_text":"While there is hype in the AI market, there are several exceptional long-term investment opportunities.The AI market is growing rapidly, with North America and Europe leading the way, offering remarkable long-term sales and profitability growth potential for high-quality AI-tech firms.AI services and software are expected to have substantial growth, with global AI-related sales projected to reach over $2.5 trillion in the next decade.Several of my favorite AI companies should continue doing exceptionally well.I'm thankful for my friends and family. I'm grateful for my kids. I'm grateful to my wife. I'm thankful for the fantastic life that I live. I'm thankful to America, the innovation, and AI. I'm grateful for the AI revolution, which should propel my top fund holdings very high.Some call the AI market \"AI hype.\" While it is a trendy slogan, there are some things we must realize. Every world-changing technology comes with an element of hype, and that's okay. It's more of a fact of life.Think back to the internet revolution of the 1990s and all the hype that followed. Perhaps the \"hype\" was responsible for pushing prices to obscenely high levels, but the way up to the top was spectacular. Investors that rode the wave from the early 90s to 2,000 hopping off at the right time realized immense returns.If the internet boom was a nine-inning ballgame, 1995 was around the bottom of the third inning, and the party didn't end until the market peaked and the ball game ended on March 2,000.Of course, the AI boom will be different, but it could be similar to the dot-com boom. The AI revolution is only beginning. We could be around a similar point where the internet was in 1994 or 1995. Therefore, we likely have years of solid stock appreciation for the highest-quality, AI market-leading companies globally.The Massive AI OpportunityAI market share by region (precedenceresearch.com)The overwhelming majority of the AI market is in North America and Europe, regions friendliest to U.S. tech firms. The massive AI market represents remarkable potential for the highest-quality, market-leading AI-tech firms.Canada's artificial intelligence market was valued at $43.7 billion in 2022 and is expected to reach $251.3 billion in 2032, an impressive CAGR of 19.2% from 2023 to 2032. Germany's AI market was valued at $25.7 billion in 2022 and is projected to grow at a CAGR of 20.6% from 2023 to 2032. We see a similar dynamic with Japan (CAGR of 21% to 2032), South Korea (CAGR of 21.1% to 2032), and other countries.Software and Services Offering Massive PotentialWe can break down the AI market into three primary segments: hardware, software, and services. Services account for a significant 40% of the global market share. Moreover, services will likely continue expanding rapidly, outpacing the growth of the software and hardware segments.Therefore, we choose the best AI companies that preferably engage in all three segments. For instance, Nvidia (NVDA) offers the most advanced enterprise-ready AI solutions consisting of a supercomputer on the hardware side, its software to run the AI supercomputer, and its suite of services to complete the package.Super Micro Computer (SMCI) comes to mind if we look at hardware. Supermicro provides advanced hardware AI solutions that could continue leading the market.We can look at Palantir (PLTR) on the software and services side. Palantir offers some of the best and most advanced AI software and services solutions and has an immense applicable market to expand its share in for many years.AI Growth Is AstonishingAI market sales growth (precedenceresearch.com)Global AI-related sales are set to skyrocket. While this year's sales should be around $540 billion, this figure may quintuple to more than $2.575 trillion in the next ten years. This dynamic represents stellar growth, and several high-quality tech companies with accelerated AI programs should capitalize on it by growing sales and substantially improving profitability in the future.Remarkable AI Segment Growth AheadAI segment growth (precedenceresearch.com)AI services should expand by about 18% to $208 billion this year. Moreover, this segment's revenues are set to skyrocket to nearly $1 trillion by 2032. We see a similar dynamic with software. AI-related software revenues could soar to almost $1T in a similar time frame. While AI hardware could lag slightly growth-wise, combined AI revenues could reach around $2.575 trillion in 2032.These are massive annual sales, and solid growth will continue for many years. Many of the top AI companies should continue dominating their space, aggressively growing sales and profitability in the future. This dynamic should enable profitability growth to increase substantially, leading stock multiples to expand and enabling share prices to move significantly higher.Top AI Stocks for The Next Decade1. Nvidia - We know Nvidia as the \"godfather of AI.\" Nvidia has remarkable potential because of its market-leading GPU technology and leading data center/enterprise market position. Nvidia is the picks and shovels in the trenches, powering the foundation of the AI industry. Nvidia has explosive earnings momentum, and its stock is likely nowhere near its full potential.NVDA 1-Year ChartNVDA (StockCharts.com)Nvidia's stock has been consolidating around the $400-500 zone for six months. While we could see a more significant pullback in the near term, Nvidia could go much higher after the transitory downdraft. Also, after the prolonged consolidation stage, Nvidia could move toward new ATHs in the $600-700 price range.Nvidia - Far From ExpensiveNvidia EPS estimates (SeekingAlpha.com )Next year's consensus EPS is about $20, but given Nvidia's tenacity for surpassing consensus estimates, my estimate is $22.50. This suggests Nvidia trades around a 21.5-forward P/E. This valuation is cheap because of Nvidia's leading AI position, sales, and profitability growth potential. This dynamic makes Nvidia one of the best buys in the AI space.Nvidia: 2024 year-end price target range: $700-1,0002. Palantir - Palantir is the market leader in AI solutions for optimizing business operations globally. Almost any government agency and private enterprise can benefit from Palantir's comprehensive AI solutions. Therefore, Palantir should continue growing faster than the market expects. This dynamic should lead to better-than-expected profitability and a considerably higher stock price in future years.PLTR 1-Year ChartPLTR (StockCharts.com)Palantir had a monster rally, tripping in a short time frame. Now, the company's stock has consolidated for about six months. Palantir is likely seeing up to go higher. After a brief pullback phase, Palantir should move for the $25 level.Revenue and Earnings Estimates Probably Too LowPalantir revenue estimates (SeekingAlpha.com )Revenue estimates have come down a lot during the recent transitory economic downturn. While consensus figures imply a revenue growth of about 20%, Palantir could achieve higher ned sales estimates, delivering 25-30% growth instead. Moreover, Palantir has a remarkably long growth runway and could continue expanding sales at solid double-digit levels for many years. Additionally, Palantir could become more profitable than consensus estimates imply.Palantir's EPS Likely To Go Much HigherPalantir EPS estimates (SeekingAlpha.com )While the market anticipates robust EPS growth, Palantir could become more profitable even quicker. We could see EPS around $1 in 2025/2026, implying Palantir may trade around 25 forward P/E multiple here.Palantir: 2024 year-end price target range: $30-403. Super Micro Computer - Supermicro is a leading AI player on the hardware side. SMCI products and services should continue to garner high demand as the global transition to more advanced servers incorporating AI proceeds.SMCI - One Of The Cheapest AI StocksSMCI EPS estimates (SeekingAlpha.com )SMCI trades below 14 times next year's expected earnings, making it one of the cheapest AI stocks. Moreover, SMCI's EPS could continue surpassing analysts' figures, and its multiple could expand, leading to a considerably higher stock price in future years.SMCI: 2024 year-end price target range: $400-5504. Advanced Micro Devices  - AMD is a leader in GPU technology, essentially making the AI-GPU segment a double space. AMD's high-power chips can compete with Nvidia's. Also, AMD has CPU-AI potential and will likely have enormous growth ahead.AMD's Revenue Growth To IncreaseAMD's revenue growth (SeekingAlpha.com)AMD's revenue growth should improve considerably due to increased AI demand. Also, AMD is expanding its AI-CPU influence in the PC/gaming market excellently. AMD's revenue growth could jump to around 20% in future years, leading to higher profitability and a considerably higher stock price.AMD: 2024 year-end price target range: $180-2255. Tesla  - Despite its primary focus on producing cars, Tesla is one of the most significant AI companies. It has an AI and robotics program, making some of the most advanced chips in the AI industry.TSLA 1-Year ChartTSLA (StockCharts.com)Tesla's stock has been consolidating for months and could go higher as the transitory economic slowdown concludes. Tesla's margins have been compressed due to inflation and lower car prices. However, the strategy should pay off, and Tesla's profitability should continue increasing considerably over the long run.Tesla: 2024 year-end price target range: $350-4506. Meta Platforms - While I don't own Meta now, I rode the stock from below $90 to more around $200 recently. It is a leader in the Metaverse concept, virtual and augmented reality and much more. Moreover, Meta is one of the most significant global companies with massive long-term AI potential. It's also a global social media leader with a monopoly-like structure in the social networking space.META 1-Year ChartMETA (StockCharts.com)Meta's technical image remains highly constructive here. Meta successfully retained $280-300 support. Now, the stock could break out above $350 to new ATHs.Meta was a strong buy when trading around a 12-15 P/E multiple. However, due to its rapid price appreciation, Meta now sells around 20 times forward EPS estimates.EPS estimates (SeekingAlpha.com )While this valuation is elevated relative to Meta's recent P/E multiple, it's still inexpensive because of Meta's explosive revenue and earnings growth potential. Meta could hit $23 in EPS in 2025, implying its current price tag is inexpensive here.Meta: 2024 year-end price target range: $425-475","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":239755881554008,"gmtCreate":1699570909105,"gmtModify":1699570913380,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Hear hear&nbsp;","listText":"Hear hear&nbsp;","text":"Hear hear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/239755881554008","repostId":"2382219938","repostType":2,"repost":{"id":"2382219938","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1699543173,"share":"https://www.laohu8.com/m/news/2382219938?lang=&edition=full","pubTime":"2023-11-09 23:19","market":"us","language":"en","title":"Tesla Stock Can Drop 34%? Here Is Why the Analyst Say That","url":"https://stock-news.laohu8.com/highlight/detail?id=2382219938","media":"Dow Jones","summary":"Tesla stock picked up a new bearish rating, and it had an impact in morning trading.Tesla shares dropped more than 3% in morning trading.Thursday, according to ratings-aggregation services, HSBC launc","content":"<html><head></head><body><p style=\"text-align: start;\">Tesla stock picked up a new bearish rating, and it had an impact in morning trading.</p><p>Tesla shares dropped more than 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/65abd467005923be118b05ae5e12fe45\" title=\"\" tg-width=\"838\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Thursday, according to ratings-aggregation services, HSBC launched coverage of Tesla stock (ticker: TSLA) with the equivalent of a Sell rating and $146 price target, down about 34% from recent levels.</p><p style=\"text-align: start;\"><em>Barron’s</em> doesn’t have the report. HSBC didn’t immediately respond to a request for a copy of its report.</p><p>The issue appears to be valuation. The analyst believes the electric-vehicle business isn’t worth what Tesla stock trades at today. What’s more, Tesla’s other businesses, including energy storage, self-driving cars, robots, and artificial-intelligence computing, all have regulatory hurdles that mean slower-than-expected growth in the future.</p><p>Tesla stock is worth some $700 billion at current prices. At HSBC’s target price of $146 a share, the company’s market capitalization would be worth closer to $470 billion.</p><p style=\"text-align: start;\">Coming into Thursday trading, Tesla stock is down about 8% over the past three months. Investors are worried about slowing demand for EVs. Global battery-EV sales rose roughly 25% year over year in the third quarter, but that is a slower rate than earlier in the year. Also, there are simply more EVs for sale now, all vying for market share.</p><p style=\"text-align: start;\">Overall, about 43% of analysts covering Tesla rate shares at Buy, according to FactSet. The average Buy-rating ratio for stocks in the S&amp;P 500 is about 55%.</p><p style=\"text-align: start;\">A new Sell rating doesn’t change the Buy-rating ratio, of course, but it changes the Sell-rating ratio. About 15% of analysts covering Tesla rate shares at Sell. The average Sell-rating ratio for S&amp;P 500 stock is close to 5%. Analysts typically shy away from Sell ratings, and prefer assigning Hold ratings to stocks they don’t favor.</p><p style=\"text-align: start;\">The average analyst price target for Tesla stock is about $239. Among the Buy-rated analysts, the average target price is roughly $290. Among Sell-rated analysts, the average target price is about $120.</p></body></html>","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 Stock Can Drop 34%? Here Is Why the Analyst Say That</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 Stock Can Drop 34%? Here Is Why the Analyst Say That\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-11-09 23:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Tesla stock picked up a new bearish rating, and it had an impact in morning trading.</p><p>Tesla shares dropped more than 3% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/65abd467005923be118b05ae5e12fe45\" title=\"\" tg-width=\"838\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Thursday, according to ratings-aggregation services, HSBC launched coverage of Tesla stock (ticker: TSLA) with the equivalent of a Sell rating and $146 price target, down about 34% from recent levels.</p><p style=\"text-align: start;\"><em>Barron’s</em> doesn’t have the report. HSBC didn’t immediately respond to a request for a copy of its report.</p><p>The issue appears to be valuation. The analyst believes the electric-vehicle business isn’t worth what Tesla stock trades at today. What’s more, Tesla’s other businesses, including energy storage, self-driving cars, robots, and artificial-intelligence computing, all have regulatory hurdles that mean slower-than-expected growth in the future.</p><p>Tesla stock is worth some $700 billion at current prices. At HSBC’s target price of $146 a share, the company’s market capitalization would be worth closer to $470 billion.</p><p style=\"text-align: start;\">Coming into Thursday trading, Tesla stock is down about 8% over the past three months. Investors are worried about slowing demand for EVs. Global battery-EV sales rose roughly 25% year over year in the third quarter, but that is a slower rate than earlier in the year. Also, there are simply more EVs for sale now, all vying for market share.</p><p style=\"text-align: start;\">Overall, about 43% of analysts covering Tesla rate shares at Buy, according to FactSet. The average Buy-rating ratio for stocks in the S&amp;P 500 is about 55%.</p><p style=\"text-align: start;\">A new Sell rating doesn’t change the Buy-rating ratio, of course, but it changes the Sell-rating ratio. About 15% of analysts covering Tesla rate shares at Sell. The average Sell-rating ratio for S&amp;P 500 stock is close to 5%. Analysts typically shy away from Sell ratings, and prefer assigning Hold ratings to stocks they don’t favor.</p><p style=\"text-align: start;\">The average analyst price target for Tesla stock is about $239. Among the Buy-rated analysts, the average target price is roughly $290. Among Sell-rated analysts, the average target price is about $120.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4521":"英国银行股","BK4592":"伊斯兰概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","TSLA":"特斯拉","BK4585":"ETF&股票定投概念","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4534":"瑞士信贷持仓","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4527":"明星科技股","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4588":"碎股","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","BK4207":"综合性银行","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4574":"无人驾驶","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4581":"高盛持仓","BK4504":"桥水持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"https://www.marketwatch.com/articles/sell-tesla-stock-says-analyst-2e612e67?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2382219938","content_text":"Tesla stock picked up a new bearish rating, and it had an impact in morning trading.Tesla shares dropped more than 3% in morning trading.Thursday, according to ratings-aggregation services, HSBC launched coverage of Tesla stock (ticker: TSLA) with the equivalent of a Sell rating and $146 price target, down about 34% from recent levels.Barron’s doesn’t have the report. HSBC didn’t immediately respond to a request for a copy of its report.The issue appears to be valuation. The analyst believes the electric-vehicle business isn’t worth what Tesla stock trades at today. What’s more, Tesla’s other businesses, including energy storage, self-driving cars, robots, and artificial-intelligence computing, all have regulatory hurdles that mean slower-than-expected growth in the future.Tesla stock is worth some $700 billion at current prices. At HSBC’s target price of $146 a share, the company’s market capitalization would be worth closer to $470 billion.Coming into Thursday trading, Tesla stock is down about 8% over the past three months. Investors are worried about slowing demand for EVs. Global battery-EV sales rose roughly 25% year over year in the third quarter, but that is a slower rate than earlier in the year. Also, there are simply more EVs for sale now, all vying for market share.Overall, about 43% of analysts covering Tesla rate shares at Buy, according to FactSet. The average Buy-rating ratio for stocks in the S&P 500 is about 55%.A new Sell rating doesn’t change the Buy-rating ratio, of course, but it changes the Sell-rating ratio. About 15% of analysts covering Tesla rate shares at Sell. The average Sell-rating ratio for S&P 500 stock is close to 5%. Analysts typically shy away from Sell ratings, and prefer assigning Hold ratings to stocks they don’t favor.The average analyst price target for Tesla stock is about $239. Among the Buy-rated analysts, the average target price is roughly $290. Among Sell-rated analysts, the average target price is about $120.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":228936499400720,"gmtCreate":1696919465168,"gmtModify":1696919469728,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Very backward looking talking about iPhone 14 when the 15 is selling like hotcakes&nbsp;","listText":"Very backward looking talking about iPhone 14 when the 15 is selling like hotcakes&nbsp;","text":"Very backward looking talking about iPhone 14 when the 15 is selling like hotcakes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/228936499400720","repostId":"2374151735","repostType":2,"repost":{"id":"2374151735","pubTimestamp":1696896040,"share":"https://www.laohu8.com/m/news/2374151735?lang=&edition=full","pubTime":"2023-10-10 08:00","market":"us","language":"en","title":"1 FAANG Stock That's a No-Brainer Buy in October and 1 to Avoid Like the Plague","url":"https://stock-news.laohu8.com/highlight/detail?id=2374151735","media":"Motley Fool","summary":"Among Meta Platforms (formerly Facebook), Amazon, Apple, Netflix, and Alphabet (formerly Google), there's a historically inexpensive stock that's ripe for the picking, as well as a time-tested business whose growth engine has stalled.","content":"<html><head></head><body><p>Short-term unpredictability is one of the few guarantees Wall Street brings to the table. Since this decade began, the three major stock indexes have ping-ponged between bear and bull markets.</p><p>When volatility picks up, both new and tenured investors tend to seek out the safety of industry-leading businesses that offer a track record of outperformance. For the past decade, the FAANG stocks have definitely met this description.</p><p>When I say &#34;FAANG stocks,&#34; I&#39;m referring to:</p><ul style=\"\"><li><p>Facebook, which is now a subsidiary of <strong><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></strong></p></li><li><p><strong>Amazon</strong></p></li><li><p><strong>Apple</strong></p></li><li><p><strong>Netflix</strong></p></li><li><p>Google, which is now a subsidiary of <strong>Alphabet</strong></p></li></ul><p>The FAANG stocks do two things <em>really</em> well: Dominate their respective industries and run circles around the broader market. With regard to the former, these five companies bring meaningful competitive advantages and moats to the table.</p><ul style=\"\"><li><p>Meta Platforms owns the top social media real estate on the planet (Facebook, Instagram, WhatsApp, Facebook Messenger, and Threads). The company&#39;s family of apps (Threads wasn&#39;t introduced until July) had nearly 3.9 billion monthly active users visit its sites each month during the June-ended quarter.</p></li><li><p>Amazon accounts for an astounding 40% of U.S. online retail sales, and its cloud infrastructure service segment, Amazon Web Services (AWS), is No. 1 globally with an estimated 30% share of cloud infrastructure service spending.</p></li><li><p>Apple&#39;s iPhone has laid claim to around 50% (or more) of U.S. smartphone market share since introducing a 5G-capable version in late 2020. Further, its capital-return program is unmatched among public companies -- around $600 billon in cumulative share buybacks since the beginning of 2013.</p></li><li><p>Netflix is the domestic and international leader in streaming, and is behind more original streaming content than any other media company.</p></li><li><p>Alphabet&#39;s Google has a nearly 90-percentage-point market-share lead over its next-closest competitor in internet search, and it owns the world&#39;s No. 3 cloud infrastructure service provider (Google Cloud).</p></li></ul><p>These companies are also outperformers:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0e8a28dd879459ba8dab9eb9a91828d\" tg-width=\"720\" tg-height=\"551\"/></p><p>META data by YCharts.</p><p>Whereas the benchmark <strong>S&amp;P 500</strong> has gained a healthy 129% over the trailing 10 years, as of Oct. 3, 2023, the FAANG stocks have delivered returns ranging from 375% to 799%.</p><p>However, the outlook for the FAANG stocks does vary significantly. With volatility picking up in recent weeks, one FAANG stock stands out as a no-brainer buy in October, while another is worth avoiding like the plague.</p><h2 id=\"id_3824429572\">The FAANG stock that&#39;s a no-brainer buy in October: Alphabet</h2><p>Out of the five time-tested FAANG stocks, it&#39;s Alphabet, the parent of Google, streaming platform YouTube, and autonomous vehicle company Waymo, among others, which is a no-brainer buy in October.</p><p>Every single publicly traded company, no matter how much of a stellar buy it might appear, contends with potential headwinds. For Alphabet, the biggest concern is the health of the U.S. economy in the coming quarters. With a multitude of economic datapoints pointing to slower growth or a potential recession, the company&#39;s advertising-driven operating segments could see a sales slowdown. Advertisers are often quick to pare back their spending at the first signs of trouble.</p><p>Additionally, faster-growing businesses might choose to lower their cloud-based spending until the economic climate is more certain. This would likely slow the growth rate for Google Cloud.</p><p>Despite these very near-term challenges, there&#39;s nothing to suggest that Alphabet&#39;s long-term growth trajectory has been altered.</p><p>As noted, we&#39;re talking about a veritable monopoly in internet search. Based on data from GlobalStats, you&#39;d have to go back to March 2015 to find the last time Google didn&#39;t account for at least 90% of worldwide monthly search share. There&#39;s no question Google is the go-to for advertisers seeking to reach a broad audience or target their marketing campaign. Translation: Alphabet&#39;s Google possesses exceptionally strong pricing power during long-winded periods of economic expansion.</p><p>While Google serves as a steady cash-flow foundation for Alphabet, it&#39;s the company&#39;s ancillary operating segments that are far more exciting for long-term investors. For instance, Google Cloud has generated an operating profit in each of the past two quarters after years of losses.  Traditionally, cloud services generate considerably higher margins than advertising. If Google Cloud continues to grow by a double-digit pace, which seems feasible given that enterprise cloud spending is still in its early innings, this segment could become Alphabet&#39;s leading cash-flow driver within a couple of years.</p><p>Don&#39;t overlook YouTube, either. The introduction of Shorts (short-form videos often lasting less than 60 seconds) has ballooned viewership and created new advertising opportunities. YouTube trails only Facebook as the world&#39;s most-visited social site.</p><p>Lastly, Alphabet&#39;s valuation is historically cheap, which makes its stock ripe for the picking. As of the closing bell on Oct. 3, 2023, shares of Alphabet could be purchased for just below 20 times forward-year earnings and roughly 14 times forward-year cash flow. Over the past five years, Alphabet has averaged a valuation of 25 times forward-year earnings and 18 times forward-year cash flow.</p><h2 id=\"id_693376457\">The FAANG stock to avoid like the plague in October: Apple</h2><p>However, not all of the FAANG stocks are positioned to be winners in the coming quarters. The FAANG stock I&#39;d suggest avoiding like the plague in October is none other than the United States&#39; largest publicly traded company by market cap, Apple.</p><p>To be perfectly clear, I&#39;m not saying Apple is a bad company. It&#39;s a dominant force, domestically, in smartphones, and CEO Tim Cook is overseeing the very successful transformation of Apple into a platforms company. Focusing on a variety of subscription services should minimize the sales lumpiness often associated with major physical product replacement cycles, as well as lift Apple&#39;s operating margin over the long run.</p><p>It should also be noted that Apple has an exceptionally loyal customer base and well-recognized brand. The trustworthiness of the Apple brand and its management team is one of the core reasons why billionaire investor Warren Buffett has nearly 47% of <strong>Berkshire Hathaway</strong>&#39;s $337 billion investment portfolio tied up in Apple stock.</p><p>But it&#39;s not all peaches and cream for the world&#39;s top tech company.</p><p>For instance, iPhone 14 failed to wow consumers or investors. Modest initial sales caused Apple to rethink its plan to boost production last year. Through the first nine months of fiscal 2023 (Apple&#39;s fiscal year ends in late September), iPhone sales are down almost $6.1 billion, relative to the comparable period in fiscal 2022. </p><p>It&#39;s a similar story for the remainder of the company&#39;s physical products. Mac sales have been hit hardest (down 24%), while iPad (down 1%) and wearable, home, and accessories (down 3%) sales are modestly lower through nine months.</p><p>Apple also looks to be somewhat dropping the ball when it comes to artificial intelligence (AI). In June, the company unveiled its augmented reality device known as the Vision Pro. Apple was expected to deliver 1 million units of this practically $3,500 headset in 2024. However, a report from <em>Financial Times</em>, based on internal sources, now suggests Apple is targeting just 400,000 headsets next year. </p><p>But perhaps most damning of all is Apple&#39;s valuation. For more than a half-decade leading up to the end of fiscal 2018, shares of Apple could be purchased for roughly 10 to 15 times forward earnings. What made the company so attractive is that it consistently grew sales by a double-digit percentage.</p><p>As of this very moment, Apple isn&#39;t a growth company. Even though its services segment is expanding, revenue declines from all of its physical products are expected to result in a low-single-digit drop in both the company&#39;s sales and profits in fiscal 2023. Despite this decline, investors are paying 26 times forward earnings. That&#39;s very close to the upper end of Apple&#39;s valuation range over the past decade, and all the more reason to avoid Apple like the plague in October.</p></body></html>","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>1 FAANG Stock That's a No-Brainer Buy in October and 1 to Avoid Like the Plague</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n1 FAANG Stock That's a No-Brainer Buy in October and 1 to Avoid Like the Plague\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-10 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/10/09/1-faang-stock-no-brainer-buy-in-october-1-to-avoid/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short-term unpredictability is one of the few guarantees Wall Street brings to the table. Since this decade began, the three major stock indexes have ping-ponged between bear and bull markets.When ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/10/09/1-faang-stock-no-brainer-buy-in-october-1-to-avoid/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2023/10/09/1-faang-stock-no-brainer-buy-in-october-1-to-avoid/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2374151735","content_text":"Short-term unpredictability is one of the few guarantees Wall Street brings to the table. Since this decade began, the three major stock indexes have ping-ponged between bear and bull markets.When volatility picks up, both new and tenured investors tend to seek out the safety of industry-leading businesses that offer a track record of outperformance. For the past decade, the FAANG stocks have definitely met this description.When I say \"FAANG stocks,\" I'm referring to:Facebook, which is now a subsidiary of Meta PlatformsAmazonAppleNetflixGoogle, which is now a subsidiary of AlphabetThe FAANG stocks do two things really well: Dominate their respective industries and run circles around the broader market. With regard to the former, these five companies bring meaningful competitive advantages and moats to the table.Meta Platforms owns the top social media real estate on the planet (Facebook, Instagram, WhatsApp, Facebook Messenger, and Threads). The company's family of apps (Threads wasn't introduced until July) had nearly 3.9 billion monthly active users visit its sites each month during the June-ended quarter.Amazon accounts for an astounding 40% of U.S. online retail sales, and its cloud infrastructure service segment, Amazon Web Services (AWS), is No. 1 globally with an estimated 30% share of cloud infrastructure service spending.Apple's iPhone has laid claim to around 50% (or more) of U.S. smartphone market share since introducing a 5G-capable version in late 2020. Further, its capital-return program is unmatched among public companies -- around $600 billon in cumulative share buybacks since the beginning of 2013.Netflix is the domestic and international leader in streaming, and is behind more original streaming content than any other media company.Alphabet's Google has a nearly 90-percentage-point market-share lead over its next-closest competitor in internet search, and it owns the world's No. 3 cloud infrastructure service provider (Google Cloud).These companies are also outperformers:META data by YCharts.Whereas the benchmark S&P 500 has gained a healthy 129% over the trailing 10 years, as of Oct. 3, 2023, the FAANG stocks have delivered returns ranging from 375% to 799%.However, the outlook for the FAANG stocks does vary significantly. With volatility picking up in recent weeks, one FAANG stock stands out as a no-brainer buy in October, while another is worth avoiding like the plague.The FAANG stock that's a no-brainer buy in October: AlphabetOut of the five time-tested FAANG stocks, it's Alphabet, the parent of Google, streaming platform YouTube, and autonomous vehicle company Waymo, among others, which is a no-brainer buy in October.Every single publicly traded company, no matter how much of a stellar buy it might appear, contends with potential headwinds. For Alphabet, the biggest concern is the health of the U.S. economy in the coming quarters. With a multitude of economic datapoints pointing to slower growth or a potential recession, the company's advertising-driven operating segments could see a sales slowdown. Advertisers are often quick to pare back their spending at the first signs of trouble.Additionally, faster-growing businesses might choose to lower their cloud-based spending until the economic climate is more certain. This would likely slow the growth rate for Google Cloud.Despite these very near-term challenges, there's nothing to suggest that Alphabet's long-term growth trajectory has been altered.As noted, we're talking about a veritable monopoly in internet search. Based on data from GlobalStats, you'd have to go back to March 2015 to find the last time Google didn't account for at least 90% of worldwide monthly search share. There's no question Google is the go-to for advertisers seeking to reach a broad audience or target their marketing campaign. Translation: Alphabet's Google possesses exceptionally strong pricing power during long-winded periods of economic expansion.While Google serves as a steady cash-flow foundation for Alphabet, it's the company's ancillary operating segments that are far more exciting for long-term investors. For instance, Google Cloud has generated an operating profit in each of the past two quarters after years of losses.  Traditionally, cloud services generate considerably higher margins than advertising. If Google Cloud continues to grow by a double-digit pace, which seems feasible given that enterprise cloud spending is still in its early innings, this segment could become Alphabet's leading cash-flow driver within a couple of years.Don't overlook YouTube, either. The introduction of Shorts (short-form videos often lasting less than 60 seconds) has ballooned viewership and created new advertising opportunities. YouTube trails only Facebook as the world's most-visited social site.Lastly, Alphabet's valuation is historically cheap, which makes its stock ripe for the picking. As of the closing bell on Oct. 3, 2023, shares of Alphabet could be purchased for just below 20 times forward-year earnings and roughly 14 times forward-year cash flow. Over the past five years, Alphabet has averaged a valuation of 25 times forward-year earnings and 18 times forward-year cash flow.The FAANG stock to avoid like the plague in October: AppleHowever, not all of the FAANG stocks are positioned to be winners in the coming quarters. The FAANG stock I'd suggest avoiding like the plague in October is none other than the United States' largest publicly traded company by market cap, Apple.To be perfectly clear, I'm not saying Apple is a bad company. It's a dominant force, domestically, in smartphones, and CEO Tim Cook is overseeing the very successful transformation of Apple into a platforms company. Focusing on a variety of subscription services should minimize the sales lumpiness often associated with major physical product replacement cycles, as well as lift Apple's operating margin over the long run.It should also be noted that Apple has an exceptionally loyal customer base and well-recognized brand. The trustworthiness of the Apple brand and its management team is one of the core reasons why billionaire investor Warren Buffett has nearly 47% of Berkshire Hathaway's $337 billion investment portfolio tied up in Apple stock.But it's not all peaches and cream for the world's top tech company.For instance, iPhone 14 failed to wow consumers or investors. Modest initial sales caused Apple to rethink its plan to boost production last year. Through the first nine months of fiscal 2023 (Apple's fiscal year ends in late September), iPhone sales are down almost $6.1 billion, relative to the comparable period in fiscal 2022. It's a similar story for the remainder of the company's physical products. Mac sales have been hit hardest (down 24%), while iPad (down 1%) and wearable, home, and accessories (down 3%) sales are modestly lower through nine months.Apple also looks to be somewhat dropping the ball when it comes to artificial intelligence (AI). In June, the company unveiled its augmented reality device known as the Vision Pro. Apple was expected to deliver 1 million units of this practically $3,500 headset in 2024. However, a report from Financial Times, based on internal sources, now suggests Apple is targeting just 400,000 headsets next year. But perhaps most damning of all is Apple's valuation. For more than a half-decade leading up to the end of fiscal 2018, shares of Apple could be purchased for roughly 10 to 15 times forward earnings. What made the company so attractive is that it consistently grew sales by a double-digit percentage.As of this very moment, Apple isn't a growth company. Even though its services segment is expanding, revenue declines from all of its physical products are expected to result in a low-single-digit drop in both the company's sales and profits in fiscal 2023. Despite this decline, investors are paying 26 times forward earnings. That's very close to the upper end of Apple's valuation range over the past decade, and all the more reason to avoid Apple like the plague in October.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224770766749736,"gmtCreate":1695955422942,"gmtModify":1695955427341,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Can't find any articles that Ray Dalio repurchased BABA shares after liquidating everything in 2022. Nothing in the latest 13F either. This writer is full of xxx?&nbsp;","listText":"Can't find any articles that Ray Dalio repurchased BABA shares after liquidating everything in 2022. Nothing in the latest 13F either. This writer is full of xxx?&nbsp;","text":"Can't find any articles that Ray Dalio repurchased BABA shares after liquidating everything in 2022. Nothing in the latest 13F either. This writer is full of xxx?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224770766749736","repostId":"2370261565","repostType":2,"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224210324140152,"gmtCreate":1695776605708,"gmtModify":1695776609878,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"LOL! Is this a joke??!","listText":"LOL! Is this a joke??!","text":"LOL! Is this a joke??!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224210324140152","repostId":"2370279996","repostType":2,"repost":{"id":"2370279996","pubTimestamp":1695737066,"share":"https://www.laohu8.com/m/news/2370279996?lang=&edition=full","pubTime":"2023-09-26 22:04","market":"us","language":"en","title":"Fortune’s Forecast: Top 3 Stocks Set to Dominate the Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2370279996","media":"InvestorPlace","summary":"Are you looking to invest in stocks that will dominate? Here are the top three stocks to buy for the next decade.","content":"<html><head></head><body><ul style=\"\"><li><p>The following stocks focus on technological advancements to gain a competitive edge in their respective industries.</p></li><li><p><strong>Tesla</strong> (<strong><u>TSLA</u></strong>): Its focus on FSD technology, battery advancements, and entry into the energy sector signifies its critical lead in the automotive and energy industries.</p></li><li><p><strong>Crowdstrike</strong> (<strong><u>CRWD</u></strong>): Its Falcon platform, powered by AI, demonstrates its dedication to advancing cybersecurity solutions.</p></li><li><p><strong>AMD</strong> (<strong><u>AMD</u></strong>): It has an edge in the development of high-performance processors, with a focus on AI technology supply.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/caa2f2b424de38728029d1d89ccbce0d\" tg-width=\"768\" tg-height=\"432\"/></p><p>Source: AdityaB. Photography/ShutterStock.com</p><p>In this dynamic world, finding stocks with the potential to thrive over the long haul is akin to discovering hidden treasure. As technology steps into a new decade, three stocks stand out on the horizon, poised to dominate their respective industries. This has led to the rise of stocks to buy.</p><p>The first one, the electric vehicle pioneer, continues breaking records and forging ahead in autonomous driving and sustainable energy solutions. With its AI-powered cybersecurity platform, the second one leads the charge in securing the digital world against evolving threats. Meanwhile, the third is revolutionizing data centers, AI technology, and embedded systems, garnering attention from tech giants worldwide.</p><p>In short, the article explores these companies’ strategies and potential for monumental growth. It delves into electric mobility, cybersecurity resilience, and cutting-edge processors, discovering why these stocks to buy may lead to the next decade’s financial triumph.</p><h2 id=\"id_3109552302\">Tesla (TSLA)</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4b26c63f905e3784c36ff8fe33e46b83\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: Zigres / Shutterstock.com</p><p><strong>Tesla</strong> (NASDAQ:<strong><u>TSLA</u></strong>) may reap a significant long-term edge, grounded in its robust fundamentals and strategic vision. Tesla’s remarkable capacity to consistently achieve record-breaking vehicle production and deliveries sets a solid foundation for its long-term success.</p><p>In Q2 2023, the company reported record revenue of approximately $25 billion, underscoring its capability to scale operations effectively. This is anticipated to persist as the Model Y gains traction worldwide. </p><p>The company’s full self-driving technology aims to enhance safety and unlock a new revenue stream through the Robotaxi network. This, in turn, may boost customer loyalty and attract new buyers as the technology evolves. Also, Tesla’s development of the Dojo training computer may be a game-changer in AI. It’s a reason it’s one of those stocks to buy. This in-house solution is designed to significantly reduce the cost of training neural networks, making AI development more efficient and cost-effective.</p><p>Fundamentally, Tesla’s supercharging network, with over 50,000 connectors and 5,000 locations, is a strategic asset. This extensive network provides Tesla owners with the convenience of fast charging, reinforcing the attractiveness of Tesla vehicles. Additionally, Tesla’s open approach to sharing its charging standard with other automakers fosters industry growth and the widespread adoption of electric vehicles (EVs).</p><p>Further, the development of the 4680 cells represents a significant advancement in battery technology, offering higher energy density and cost-efficiency. This technological edge reinforces Tesla’s position as an industry leader in electric mobility.</p><p>Finally, Tesla’s foray into the energy sector through products like Megapack and Powerwall diversifies its revenue streams. Thus, integrating energy solutions with electric vehicles, exemplified by features like Charge on Solar, provides unique value to customers.</p><h2 id=\"id_662727838\">Crowdstrike (CRWD)</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd4bc56182d066070711d875d2435892\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: T. Schneider / Shutterstock.com</p><p><strong>CrowdStrike’s</strong> (NASDAQ:<strong><u>CRWD</u></strong>) annual recurring revenue represents a 37% (Q2 2024) increase. Over an 80% YoY increase in deals involving eight or more Falcon platform modules indicates high customer adoption and retention.</p><p>The Falcon platform, powered by AI, is recognized as the foundational cybersecurity platform for customers. Its cloud-native architecture and lightweight sensor form factor offer easy and fast deployment, making it adaptable for any digital enterprise.</p><p>The cybersecurity market is undergoing consolidation, favoring companies with comprehensive platforms over point-to-point product vendors. Smaller, specialized firms struggle to compete with CrowdStrike’s platform approach. CrowdStrike’s platform reduces Total Cost of Ownership (TCO) by eliminating the need for multiple-point products, reducing complexity, and streamlining operations.</p><p>Notably, the cloud security market may reach $18 billion by 2026. Falcon Cloud Security, focusing on the Cloud Native Application Protection Platform (CNAPP), has rapidly grown. The ending ARR for Falcon modules deployed in public clouds grew 70% YoY, making CrowdStrike a leader in cloud security. All in all, this makes it one of those stocks to buy.</p><p>Also, the Falcon Identity Protection offering has experienced remarkable growth, ending with ARR surpassing $200 million, a 194% YoY increase. Identity-based attacks are rising, making identity protection a critical need for organizations. Further, LogScale has grown substantially, with ARR exceeding $100 million, driven by its speed, flexibility, and cost-effective licensing model. Thus, several customers are migrating from legacy SIEM solutions to Falcon’s unified platform.</p><p>CrowdStrike’s partnership ecosystem is a significant contributor to its growth. CrowdStrike is <strong>Amazon</strong> (NASDAQ:<strong><u>AMZN</u></strong>) AWS’ largest cybersecurity go-to-market partner, winning the ISV Partner of the Year Award. This validates the company’s leadership in cloud security. Lastly, its partnership with <strong>Dell</strong> (NYSE:<strong><u>DELL</u></strong>) has generated eight figures in deal value within a short span, and the partnership has facilitated consolidation deals and increased partner engagement.</p><h2 id=\"id_3999849184\">AMD (AMD)</h2><p><strong>Advanced Micro Devices</strong>, or <strong>AMD</strong> (NASDAQ:<strong><u>AMD</u></strong>) presence in the data center market, has been steadily expanding, primarily driven by its EPYC server processors. In recent years, AMD’s EPYC CPUs have gained recognition for their impressive performance and energy efficiency. These processors have found favor with major cloud providers, enterprises, and even supercomputing installations.</p><p>With the launch of the 4th Gen EPYC CPUs, AMD witnessed a surge in adoption, particularly among cloud providers. AWS, <strong>Alibaba</strong> (NYSE:<strong><u>BABA</u></strong>), <strong>Microsoft</strong> (NASDAQ:<strong><u>MSFT</u></strong>), and <strong>Oracle</strong> (NYSE:<strong><u>ORCL</u></strong>), among others, have deployed Genoa instances, highlighting the performance and efficiency of AMD’s server processors.</p><p>Furthermore, AMD’s server product portfolio continues to grow. The introduction of Bergamo and Genoa-X has expanded its offerings, addressing various workload requirements. For example, Microsoft Azure has announced Genoa-X HPC instances that deliver significantly higher performance for technical computing workloads.</p><p>Strategically, AMD focuses on capitalizing on the immense potential of being an AI tech supplier. AMD’s Instinct MI250 and MI300 hardware and software solutions support AI deployments. In addition to hardware, AMD places significant emphasis on software optimization. Its ROCm software stack continually evolves to provide developers with the tools they need to harness the full potential of AMD’s AI hardware. The compatibility with popular AI frameworks like PyTorch, TensorFlow, and Triton makes it easier for developers to leverage AMD’s AI solutions effectively.</p><p>Finally, AMD has experienced growth in the embedded segment driven by various industries, including industrial, healthcare, automotive, and broadcast. Therefore, the company’s adaptive computing product portfolio, including the Versal Premium VP1902 adaptive SoC and Spartan UltraScale+ FPGA family, addresses the specific requirements of these industries. </p></body></html>","source":"investorplace_stock_picks","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>Fortune’s Forecast: Top 3 Stocks Set to Dominate the Next Decade</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\">\nFortune’s Forecast: Top 3 Stocks Set to Dominate the Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-26 22:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/09/fortunes-forecast-top-3-stocks-set-to-dominate-the-next-decade/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The following stocks focus on technological advancements to gain a competitive edge in their respective industries.Tesla (TSLA): Its focus on FSD technology, battery advancements, and entry into the ...</p>\n\n<a href=\"https://investorplace.com/2023/09/fortunes-forecast-top-3-stocks-set-to-dominate-the-next-decade/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","BK4170":"电脑硬件、储存设备及电脑周边","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4592":"伊斯兰概念","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4525":"远程办公概念","BK4524":"宅经济概念","AMD":"美国超微公司","CRWD":"CrowdStrike Holdings, Inc.","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4527":"明星科技股","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4588":"碎股","BK4526":"热门中概股","TSLA":"特斯拉","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4503":"景林资产持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4502":"阿里概念","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4505":"高瓴资本持仓","BK4504":"桥水持仓"},"source_url":"https://investorplace.com/2023/09/fortunes-forecast-top-3-stocks-set-to-dominate-the-next-decade/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2370279996","content_text":"The following stocks focus on technological advancements to gain a competitive edge in their respective industries.Tesla (TSLA): Its focus on FSD technology, battery advancements, and entry into the energy sector signifies its critical lead in the automotive and energy industries.Crowdstrike (CRWD): Its Falcon platform, powered by AI, demonstrates its dedication to advancing cybersecurity solutions.AMD (AMD): It has an edge in the development of high-performance processors, with a focus on AI technology supply.Source: AdityaB. Photography/ShutterStock.comIn this dynamic world, finding stocks with the potential to thrive over the long haul is akin to discovering hidden treasure. As technology steps into a new decade, three stocks stand out on the horizon, poised to dominate their respective industries. This has led to the rise of stocks to buy.The first one, the electric vehicle pioneer, continues breaking records and forging ahead in autonomous driving and sustainable energy solutions. With its AI-powered cybersecurity platform, the second one leads the charge in securing the digital world against evolving threats. Meanwhile, the third is revolutionizing data centers, AI technology, and embedded systems, garnering attention from tech giants worldwide.In short, the article explores these companies’ strategies and potential for monumental growth. It delves into electric mobility, cybersecurity resilience, and cutting-edge processors, discovering why these stocks to buy may lead to the next decade’s financial triumph.Tesla (TSLA)Source: Zigres / Shutterstock.comTesla (NASDAQ:TSLA) may reap a significant long-term edge, grounded in its robust fundamentals and strategic vision. Tesla’s remarkable capacity to consistently achieve record-breaking vehicle production and deliveries sets a solid foundation for its long-term success.In Q2 2023, the company reported record revenue of approximately $25 billion, underscoring its capability to scale operations effectively. This is anticipated to persist as the Model Y gains traction worldwide. The company’s full self-driving technology aims to enhance safety and unlock a new revenue stream through the Robotaxi network. This, in turn, may boost customer loyalty and attract new buyers as the technology evolves. Also, Tesla’s development of the Dojo training computer may be a game-changer in AI. It’s a reason it’s one of those stocks to buy. This in-house solution is designed to significantly reduce the cost of training neural networks, making AI development more efficient and cost-effective.Fundamentally, Tesla’s supercharging network, with over 50,000 connectors and 5,000 locations, is a strategic asset. This extensive network provides Tesla owners with the convenience of fast charging, reinforcing the attractiveness of Tesla vehicles. Additionally, Tesla’s open approach to sharing its charging standard with other automakers fosters industry growth and the widespread adoption of electric vehicles (EVs).Further, the development of the 4680 cells represents a significant advancement in battery technology, offering higher energy density and cost-efficiency. This technological edge reinforces Tesla’s position as an industry leader in electric mobility.Finally, Tesla’s foray into the energy sector through products like Megapack and Powerwall diversifies its revenue streams. Thus, integrating energy solutions with electric vehicles, exemplified by features like Charge on Solar, provides unique value to customers.Crowdstrike (CRWD)Source: T. Schneider / Shutterstock.comCrowdStrike’s (NASDAQ:CRWD) annual recurring revenue represents a 37% (Q2 2024) increase. Over an 80% YoY increase in deals involving eight or more Falcon platform modules indicates high customer adoption and retention.The Falcon platform, powered by AI, is recognized as the foundational cybersecurity platform for customers. Its cloud-native architecture and lightweight sensor form factor offer easy and fast deployment, making it adaptable for any digital enterprise.The cybersecurity market is undergoing consolidation, favoring companies with comprehensive platforms over point-to-point product vendors. Smaller, specialized firms struggle to compete with CrowdStrike’s platform approach. CrowdStrike’s platform reduces Total Cost of Ownership (TCO) by eliminating the need for multiple-point products, reducing complexity, and streamlining operations.Notably, the cloud security market may reach $18 billion by 2026. Falcon Cloud Security, focusing on the Cloud Native Application Protection Platform (CNAPP), has rapidly grown. The ending ARR for Falcon modules deployed in public clouds grew 70% YoY, making CrowdStrike a leader in cloud security. All in all, this makes it one of those stocks to buy.Also, the Falcon Identity Protection offering has experienced remarkable growth, ending with ARR surpassing $200 million, a 194% YoY increase. Identity-based attacks are rising, making identity protection a critical need for organizations. Further, LogScale has grown substantially, with ARR exceeding $100 million, driven by its speed, flexibility, and cost-effective licensing model. Thus, several customers are migrating from legacy SIEM solutions to Falcon’s unified platform.CrowdStrike’s partnership ecosystem is a significant contributor to its growth. CrowdStrike is Amazon (NASDAQ:AMZN) AWS’ largest cybersecurity go-to-market partner, winning the ISV Partner of the Year Award. This validates the company’s leadership in cloud security. Lastly, its partnership with Dell (NYSE:DELL) has generated eight figures in deal value within a short span, and the partnership has facilitated consolidation deals and increased partner engagement.AMD (AMD)Advanced Micro Devices, or AMD (NASDAQ:AMD) presence in the data center market, has been steadily expanding, primarily driven by its EPYC server processors. In recent years, AMD’s EPYC CPUs have gained recognition for their impressive performance and energy efficiency. These processors have found favor with major cloud providers, enterprises, and even supercomputing installations.With the launch of the 4th Gen EPYC CPUs, AMD witnessed a surge in adoption, particularly among cloud providers. AWS, Alibaba (NYSE:BABA), Microsoft (NASDAQ:MSFT), and Oracle (NYSE:ORCL), among others, have deployed Genoa instances, highlighting the performance and efficiency of AMD’s server processors.Furthermore, AMD’s server product portfolio continues to grow. The introduction of Bergamo and Genoa-X has expanded its offerings, addressing various workload requirements. For example, Microsoft Azure has announced Genoa-X HPC instances that deliver significantly higher performance for technical computing workloads.Strategically, AMD focuses on capitalizing on the immense potential of being an AI tech supplier. AMD’s Instinct MI250 and MI300 hardware and software solutions support AI deployments. In addition to hardware, AMD places significant emphasis on software optimization. Its ROCm software stack continually evolves to provide developers with the tools they need to harness the full potential of AMD’s AI hardware. The compatibility with popular AI frameworks like PyTorch, TensorFlow, and Triton makes it easier for developers to leverage AMD’s AI solutions effectively.Finally, AMD has experienced growth in the embedded segment driven by various industries, including industrial, healthcare, automotive, and broadcast. Therefore, the company’s adaptive computing product portfolio, including the Versal Premium VP1902 adaptive SoC and Spartan UltraScale+ FPGA family, addresses the specific requirements of these industries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943084463,"gmtCreate":1678968750552,"gmtModify":1678968754717,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943084463","repostId":"9943082727","repostType":1,"repost":{"id":9943082727,"gmtCreate":1678967854469,"gmtModify":1678968022686,"author":{"id":"3583230105554843","authorId":"3583230105554843","name":"Keeley","avatar":"https://community-static.tradeup.com/news/425dded61ea0f1ec6aa9c19997bc9677","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"0\"></v-v>#AMC Price playing out nicely as analyzed last week, giving us a 27.91% move to the downside, filling the fair value gap. I'm expecting some kind of bullish retracement before we take the lows at 3.23. https://www.tradingview.com/chart/AMC/8javEQU4-AMC-Analysis/","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"0\"></v-v>#AMC Price playing out nicely as analyzed last week, giving us a 27.91% move to the downside, filling the fair value gap. I'm expecting some kind of bullish retracement before we take the lows at 3.23. https://www.tradingview.com/chart/AMC/8javEQU4-AMC-Analysis/","text":"$AMC Entertainment(AMC)$ #AMC Price playing out nicely as analyzed last week, giving us a 27.91% move to the downside, filling the fair value gap. I'm expecting some kind of bullish retracement before we take the lows at 3.23. https://www.tradingview.com/chart/AMC/8javEQU4-AMC-Analysis/","images":[{"img":"https://community-static.tradeup.com/news/21d5607cc405def64ef35d98ff12b9fc","width":"720","height":"1436"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943082727","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9962097444,"gmtCreate":1669677302988,"gmtModify":1676538220620,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Apple is right to stop its social media spend. Musk is an idiot!&nbsp; \"When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,\" the iPhone maker says in the Apple Store guidelines. \"If you’re looking to shock and offend people, the App Store isn’t the right place for your app.\"","listText":"Apple is right to stop its social media spend. Musk is an idiot!&nbsp; \"When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,\" the iPhone maker says in the Apple Store guidelines. \"If you’re looking to shock and offend people, the App Store isn’t the right place for your app.\"","text":"Apple is right to stop its social media spend. Musk is an idiot! \"When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,\" the iPhone maker says in the Apple Store guidelines. \"If you’re looking to shock and offend people, the App Store isn’t the right place for your app.\"","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":67,"commentSize":59,"repostSize":0,"link":"https://ttm.financial/post/9962097444","repostId":"2287251460","repostType":4,"repost":{"id":"2287251460","pubTimestamp":1669676011,"share":"https://www.laohu8.com/m/news/2287251460?lang=&edition=full","pubTime":"2022-11-29 06:53","market":"us","language":"en","title":"Elon Musk Calls Out Apple and CEO Tim Cook","url":"https://stock-news.laohu8.com/highlight/detail?id=2287251460","media":"TheStreet","summary":"'It is in this context that Musk said on Nov. 28 that Apple  - Get Free Reporthad stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 202","content":"<html><head></head><body><p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.</p><p>For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.</p><p>Since Musk took over the social network Twitter  (<b>TWTR</b>) - Get Free Report, he&#39;s been trying to find new sources of revenue.</p><p>Meantime, he&#39;s facing a boycott from many advertisers, including General Motors  (<b>GM</b>) - Get Free Report, General Mills  (<b>GIS</b>) - Get Free Report, Pfizer  (<b>PFE</b>) - Get Free Report, and Stellantis  (<b>STLA</b>) - Get Free Report. These companies have paused their ads as they await the details of Musk&#39;s content-management plans for Twitter.</p><p>They fear that the social network will become a &#34;hellscape,&#34; following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.</p><h2>Free Speech vs. Brand Safety</h2><p>Top advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site&#39;s executives.</p><p>&#34;Freedom of speech is the bedrock of a strong democracy and must take precedence,&#34; the billionaire argued on Nov. 25.</p><p>In the name of free speech, Musk has reactivated former President Donald Trump&#39;s account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.</p><p>Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.</p><p>&#34;The people have spoken,&#34; he wrote on Nov. 24. &#34;Amnesty begins next week. Vox Populi, Vox Dei.&#34;</p><h2>&#39;What&#39;s Going On?&#39;</h2><p>It is in this context that Musk said on Nov. 28 that Apple  (<b>AAPL</b>) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.</p><p>&#34;Apple has mostly stopped advertising on Twitter,&#34; the billionaire wrote. &#34;Do they hate free speech in America?&#34;</p><p>A few minutes later he tweeted to Cook directly.</p><p>&#34;What’s going on here @tim_cook?&#34; Musk asked.</p><p>Apple didn&#39;t immediately respond to a request for comment.</p><p>&#34;Apple has spent $40 million on Twitter advertising so far this year,&#34; which makes the tech giant &#34;one of Twitter’s top advertisers in 2022, according to Mediaradar.</p><p>“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.</p><p>He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple&#39;s total social-media spend has gone to Twitter.</p><p>Ad revenue made up more than 91% of Twitter&#39;s revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.</p><p>By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.</p><p>Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.</p><p>As app distributors, Apple via the Apple Store and Alphabet&#39;s  (<b>GOOGL</b>) - Get Free Report Google via Google Play have strict policies regarding hateful speech.</p><p>&#34;When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,&#34; the iPhone maker says in the Apple Store guidelines. &#34;If you’re looking to shock and offend people, the App Store isn’t the right place for your app.&#34;</p><p>Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump&#39;s account. Schiller didn&#39;t give an explanation for his decision to deactivate his account, but it&#39;s curious that it happened right after Musk&#39;s announcement.</p><p>Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.</p></body></html>","source":"thestreet_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Calls Out Apple and CEO Tim Cook</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\">\nElon Musk Calls Out Apple and CEO Tim Cook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war ...</p>\n\n<a href=\"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4511":"特斯拉概念","BK4099":"汽车制造商","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","AAPL":"苹果","BK4555":"新能源车","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4581":"高盛持仓","BK4527":"明星科技股","BK4559":"巴菲特持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4574":"无人驾驶","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4573":"虚拟现实","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H"},"source_url":"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287251460","content_text":"The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.Since Musk took over the social network Twitter  (TWTR) - Get Free Report, he's been trying to find new sources of revenue.Meantime, he's facing a boycott from many advertisers, including General Motors  (GM) - Get Free Report, General Mills  (GIS) - Get Free Report, Pfizer  (PFE) - Get Free Report, and Stellantis  (STLA) - Get Free Report. These companies have paused their ads as they await the details of Musk's content-management plans for Twitter.They fear that the social network will become a \"hellscape,\" following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.Free Speech vs. Brand SafetyTop advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site's executives.\"Freedom of speech is the bedrock of a strong democracy and must take precedence,\" the billionaire argued on Nov. 25.In the name of free speech, Musk has reactivated former President Donald Trump's account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.\"The people have spoken,\" he wrote on Nov. 24. \"Amnesty begins next week. Vox Populi, Vox Dei.\"'What's Going On?'It is in this context that Musk said on Nov. 28 that Apple  (AAPL) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\"A few minutes later he tweeted to Cook directly.\"What’s going on here @tim_cook?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 2022, according to Mediaradar.“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple's total social-media spend has gone to Twitter.Ad revenue made up more than 91% of Twitter's revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.As app distributors, Apple via the Apple Store and Alphabet's  (GOOGL) - Get Free Report Google via Google Play have strict policies regarding hateful speech.\"When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,\" the iPhone maker says in the Apple Store guidelines. \"If you’re looking to shock and offend people, the App Store isn’t the right place for your app.\"Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump's account. Schiller didn't give an explanation for his decision to deactivate his account, but it's curious that it happened right after Musk's announcement.Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1510,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570703498190284","authorId":"3570703498190284","name":"Mungerism","avatar":"https://community-static.tradeup.com/news/382803d46d93f3488adc8df288c0d222","crmLevel":7,"crmLevelSwitch":1},"content":"Thanks for sharing","text":"Thanks for sharing","html":"Thanks for sharing"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9063987332,"gmtCreate":1651386312904,"gmtModify":1676534899945,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>merger with <a href=\"https://ttm.financial/S/RW0U.SI\">$MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$</a>will be voted on at an EGM on 25 May. Now is the time to cast our votes and be heard. Many of us picked MCT instead of MNACT for a good reason and we should let our voices be heard. Alsodon't like that management fee increases substantially for MCT holders post-merger. Time to vote!!&nbsp;Note the deadline to submit proxy form is 20 May!!","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>merger with <a href=\"https://ttm.financial/S/RW0U.SI\">$MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$</a>will be voted on at an EGM on 25 May. Now is the time to cast our votes and be heard. Many of us picked MCT instead of MNACT for a good reason and we should let our voices be heard. Alsodon't like that management fee increases substantially for MCT holders post-merger. Time to vote!!&nbsp;Note the deadline to submit proxy form is 20 May!!","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$merger with $MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$will be voted on at an EGM on 25 May. Now is the time to cast our votes and be heard. Many of us picked MCT instead of MNACT for a good reason and we should let our voices be heard. Alsodon't like that management fee increases substantially for MCT holders post-merger. Time to vote!! Note the deadline to submit proxy form is 20 May!!","images":[{"img":"https://community-static.tradeup.com/news/7d0d19d615a94b051be1752b88271ccc","width":"1284","height":"2072"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":54,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9063987332","isVote":1,"tweetType":1,"viewCount":1071,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000466","authorId":"9000000000000466","name":"MR_Wu","avatar":"https://static.tigerbbs.com/ae26338aed0e69d4fa3ec36c847df62c","crmLevel":1,"crmLevelSwitch":0},"content":"I can see you care about this company.","text":"I can see you care about this company.","html":"I can see you care about this company."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9067910889,"gmtCreate":1652400467241,"gmtModify":1676535092320,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"The indexes have gyrated wildly in recent sessions, often reversing initial rallies or sell-offs by the closing bell. - I can understand why many have chosento cut loss and exit the market. This wild ride will not be ending anytime soon but this is also the time&nbsp;when the brave can pick up great&nbsp;opportunities&nbsp;","listText":"The indexes have gyrated wildly in recent sessions, often reversing initial rallies or sell-offs by the closing bell. - I can understand why many have chosento cut loss and exit the market. This wild ride will not be ending anytime soon but this is also the time&nbsp;when the brave can pick up great&nbsp;opportunities&nbsp;","text":"The indexes have gyrated wildly in recent sessions, often reversing initial rallies or sell-offs by the closing bell. - I can understand why many have chosento cut loss and exit the market. This wild ride will not be ending anytime soon but this is also the time when the brave can pick up great opportunities","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":48,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9067910889","repostId":"2235185245","repostType":2,"repost":{"id":"2235185245","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":1652396283,"share":"https://www.laohu8.com/m/news/2235185245?lang=&edition=full","pubTime":"2022-05-13 06:58","market":"us","language":"en","title":"Wall Street Whipsaws, S&P Closes Lower on Worries of Prolonged Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=2235185245","media":"Reuters","summary":"* Producer prices decelerate in April* S&P 500 flirts with bear market confirmation* Tapestry jumps ","content":"<html><head></head><body><p>* Producer prices decelerate in April</p><p>* S&amp;P 500 flirts with bear market confirmation</p><p>* Tapestry jumps after upbeat Q3 results</p><p>* Indexes: Dow down 0.33%, S&amp;P off 0.13%, Nasdaq up 0.06%</p><p>NEW YORK, May 12 (Reuters) - U.S. stocks ended a whipsaw session slightly lower on Thursday, as investors juggled signs of peaking inflation with fears that it could remain elevated, prompting ever more aggressive tightening from the Federal Reserve.</p><p>All three major U.S. stock indexes seesawed and the S&amp;P 500 came within striking distance of confirming it entered a bear market after swooning from its all-time high reached on Jan. 3.</p><p>When the dust settled, the S&amp;P and the Dow ended modestly red, but the Nasdaq eked out a modest gain.</p><p>The indexes have gyrated wildly in recent sessions, often reversing initial rallies or sell-offs by the closing bell.</p><p>&#34;These wild swings of upwards of 2% up or down are extremely rare, and showcase a very fragile investor psyche for that amount of volatility to happen in such a short time frame,&#34; said Ryan Detrick, chief market strategist at LPL Financial in Charlotte, North Carolina. &#34;Continued concerns over inflation, which looks like it has peaked yet is staying stubbornly high, continues to concern investors, pushing the S&amp;P to the brink of a bear market.&#34;</p><p>Market leading megacap names, which thrived during the low interest environment of the pandemic, were the biggest drag, with Apple Inc and Microsoft Corp weighing the heaviest.</p><p>Recent economic data, most recently the Producer Prices report released before the opening bell, suggested price growth reached its zenith in March.</p><p>Even so, the Fed is expected to hike key interest rates by at least 50 basis points at least three times in the coming months, in an effort to toss cold water on demand and rein in soaring prices.</p><p>The U.S. Senate on Friday confirmed Jerome Powell for a second term as Fed Chairman.</p><p>The move &#34;was widely expected and it opens the door for the Fed to continue to battle the 40-year inflation highs, with many more interest rate hikes likely coming this year,&#34; Detrick added.</p><p>Geopolitical tensions surrounding Russia&#39;s war on Ukraine were dialed up by Finland&#39;s announcement that it would apply for NATO membership, with Sweden expected to follow suit. The Kremlin vowed to retaliate.</p><p>The conflict, dubbed by Russian President Vladimir Putin as a &#34;special military operation,&#34; has fanned the flames of inflation by pressuring global energy and grain supplies.</p><p>The Dow Jones Industrial Average fell 103.81 points, or 0.33%, to 31,730.3, the S&amp;P 500 lost 5.1 points, or 0.13%, to 3,930.08 and the Nasdaq Composite added 6.73 points, or 0.06%, to 11,370.96.</p><p>Six of the 11 major sectors of the S&amp;P 500 wrapped up the day in positive territory, with healthcare enjoying the largest percentage gain.</p><p>Utilities and tech stocks suffered the biggest losses.</p><p>Earnings season is nearing the final stretch, and according to the most recent data, 79% of the S&amp;P 500 companies who have posted results delivered better-than-expected earnings, according to Refinitiv.</p><p>Analysts now see aggregate first-quarter S&amp;P 500 earnings growth of 11%, up from 6.4% at quarter-end, per Refinitiv.</p><p>Shares of luxury accessories company Tapestry Inc jumped 15.5% after expressing confidence in a rebound in Chinese demand once COVID restrictions are lifted.</p><p>Beyond Meat Inc dropped 4.2% after the plant-based food producer reported ballooning quarterly losses.</p><p>Twitter Inc shed 2.2%. Its chief executive officer announced a hiring freeze and the departure of two of its leaders in view of the takeover effort by Elon Musk.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.15-to-1 ratio; on Nasdaq, a 1.15-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 74 new lows; the Nasdaq Composite recorded 6 new highs and 1,317 new lows.</p><p>Volume on U.S. exchanges was 16.17 billion shares, compared with the 13.03 billion average over the last 20 trading days.</p></body></html>","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>Wall Street Whipsaws, S&P Closes Lower on Worries of Prolonged Inflation</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\">\nWall Street Whipsaws, S&P Closes Lower on Worries of Prolonged Inflation\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\">2022-05-13 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Producer prices decelerate in April</p><p>* S&amp;P 500 flirts with bear market confirmation</p><p>* Tapestry jumps after upbeat Q3 results</p><p>* Indexes: Dow down 0.33%, S&amp;P off 0.13%, Nasdaq up 0.06%</p><p>NEW YORK, May 12 (Reuters) - U.S. stocks ended a whipsaw session slightly lower on Thursday, as investors juggled signs of peaking inflation with fears that it could remain elevated, prompting ever more aggressive tightening from the Federal Reserve.</p><p>All three major U.S. stock indexes seesawed and the S&amp;P 500 came within striking distance of confirming it entered a bear market after swooning from its all-time high reached on Jan. 3.</p><p>When the dust settled, the S&amp;P and the Dow ended modestly red, but the Nasdaq eked out a modest gain.</p><p>The indexes have gyrated wildly in recent sessions, often reversing initial rallies or sell-offs by the closing bell.</p><p>&#34;These wild swings of upwards of 2% up or down are extremely rare, and showcase a very fragile investor psyche for that amount of volatility to happen in such a short time frame,&#34; said Ryan Detrick, chief market strategist at LPL Financial in Charlotte, North Carolina. &#34;Continued concerns over inflation, which looks like it has peaked yet is staying stubbornly high, continues to concern investors, pushing the S&amp;P to the brink of a bear market.&#34;</p><p>Market leading megacap names, which thrived during the low interest environment of the pandemic, were the biggest drag, with Apple Inc and Microsoft Corp weighing the heaviest.</p><p>Recent economic data, most recently the Producer Prices report released before the opening bell, suggested price growth reached its zenith in March.</p><p>Even so, the Fed is expected to hike key interest rates by at least 50 basis points at least three times in the coming months, in an effort to toss cold water on demand and rein in soaring prices.</p><p>The U.S. Senate on Friday confirmed Jerome Powell for a second term as Fed Chairman.</p><p>The move &#34;was widely expected and it opens the door for the Fed to continue to battle the 40-year inflation highs, with many more interest rate hikes likely coming this year,&#34; Detrick added.</p><p>Geopolitical tensions surrounding Russia&#39;s war on Ukraine were dialed up by Finland&#39;s announcement that it would apply for NATO membership, with Sweden expected to follow suit. The Kremlin vowed to retaliate.</p><p>The conflict, dubbed by Russian President Vladimir Putin as a &#34;special military operation,&#34; has fanned the flames of inflation by pressuring global energy and grain supplies.</p><p>The Dow Jones Industrial Average fell 103.81 points, or 0.33%, to 31,730.3, the S&amp;P 500 lost 5.1 points, or 0.13%, to 3,930.08 and the Nasdaq Composite added 6.73 points, or 0.06%, to 11,370.96.</p><p>Six of the 11 major sectors of the S&amp;P 500 wrapped up the day in positive territory, with healthcare enjoying the largest percentage gain.</p><p>Utilities and tech stocks suffered the biggest losses.</p><p>Earnings season is nearing the final stretch, and according to the most recent data, 79% of the S&amp;P 500 companies who have posted results delivered better-than-expected earnings, according to Refinitiv.</p><p>Analysts now see aggregate first-quarter S&amp;P 500 earnings growth of 11%, up from 6.4% at quarter-end, per Refinitiv.</p><p>Shares of luxury accessories company Tapestry Inc jumped 15.5% after expressing confidence in a rebound in Chinese demand once COVID restrictions are lifted.</p><p>Beyond Meat Inc dropped 4.2% after the plant-based food producer reported ballooning quarterly losses.</p><p>Twitter Inc shed 2.2%. Its chief executive officer announced a hiring freeze and the departure of two of its leaders in view of the takeover effort by Elon Musk.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.15-to-1 ratio; on Nasdaq, a 1.15-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 74 new lows; the Nasdaq Composite recorded 6 new highs and 1,317 new lows.</p><p>Volume on U.S. exchanges was 16.17 billion shares, compared with the 13.03 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OEF":"标普100指数ETF-iShares","BK4079":"房地产服务","BK4581":"高盛持仓","BK4504":"桥水持仓","SSO":"两倍做多标普500ETF","IVV":"标普500指数ETF","LABP":"Landos Biopharma, Inc.","CGEM":"Cullinan Oncology, Inc.","BK4539":"次新股","SH":"标普500反向ETF","SDS":"两倍做空标普500ETF","COMP":"Compass, Inc.","APR":"Apria, Inc.","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","BK4139":"生物科技","BK4007":"制药","BK4196":"保健护理服务","SANA":"Sana Biotechnology, Inc.","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","BK4082":"医疗保健设备",".DJI":"道琼斯","BK4559":"巴菲特持仓",".IXIC":"NASDAQ Composite","LHDX":"Lucira Health, Inc.","BK4550":"红杉资本持仓","OEX":"标普100",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2235185245","content_text":"* Producer prices decelerate in April* S&P 500 flirts with bear market confirmation* Tapestry jumps after upbeat Q3 results* Indexes: Dow down 0.33%, S&P off 0.13%, Nasdaq up 0.06%NEW YORK, May 12 (Reuters) - U.S. stocks ended a whipsaw session slightly lower on Thursday, as investors juggled signs of peaking inflation with fears that it could remain elevated, prompting ever more aggressive tightening from the Federal Reserve.All three major U.S. stock indexes seesawed and the S&P 500 came within striking distance of confirming it entered a bear market after swooning from its all-time high reached on Jan. 3.When the dust settled, the S&P and the Dow ended modestly red, but the Nasdaq eked out a modest gain.The indexes have gyrated wildly in recent sessions, often reversing initial rallies or sell-offs by the closing bell.\"These wild swings of upwards of 2% up or down are extremely rare, and showcase a very fragile investor psyche for that amount of volatility to happen in such a short time frame,\" said Ryan Detrick, chief market strategist at LPL Financial in Charlotte, North Carolina. \"Continued concerns over inflation, which looks like it has peaked yet is staying stubbornly high, continues to concern investors, pushing the S&P to the brink of a bear market.\"Market leading megacap names, which thrived during the low interest environment of the pandemic, were the biggest drag, with Apple Inc and Microsoft Corp weighing the heaviest.Recent economic data, most recently the Producer Prices report released before the opening bell, suggested price growth reached its zenith in March.Even so, the Fed is expected to hike key interest rates by at least 50 basis points at least three times in the coming months, in an effort to toss cold water on demand and rein in soaring prices.The U.S. Senate on Friday confirmed Jerome Powell for a second term as Fed Chairman.The move \"was widely expected and it opens the door for the Fed to continue to battle the 40-year inflation highs, with many more interest rate hikes likely coming this year,\" Detrick added.Geopolitical tensions surrounding Russia's war on Ukraine were dialed up by Finland's announcement that it would apply for NATO membership, with Sweden expected to follow suit. The Kremlin vowed to retaliate.The conflict, dubbed by Russian President Vladimir Putin as a \"special military operation,\" has fanned the flames of inflation by pressuring global energy and grain supplies.The Dow Jones Industrial Average fell 103.81 points, or 0.33%, to 31,730.3, the S&P 500 lost 5.1 points, or 0.13%, to 3,930.08 and the Nasdaq Composite added 6.73 points, or 0.06%, to 11,370.96.Six of the 11 major sectors of the S&P 500 wrapped up the day in positive territory, with healthcare enjoying the largest percentage gain.Utilities and tech stocks suffered the biggest losses.Earnings season is nearing the final stretch, and according to the most recent data, 79% of the S&P 500 companies who have posted results delivered better-than-expected earnings, according to Refinitiv.Analysts now see aggregate first-quarter S&P 500 earnings growth of 11%, up from 6.4% at quarter-end, per Refinitiv.Shares of luxury accessories company Tapestry Inc jumped 15.5% after expressing confidence in a rebound in Chinese demand once COVID restrictions are lifted.Beyond Meat Inc dropped 4.2% after the plant-based food producer reported ballooning quarterly losses.Twitter Inc shed 2.2%. Its chief executive officer announced a hiring freeze and the departure of two of its leaders in view of the takeover effort by Elon Musk.Declining issues outnumbered advancing ones on the NYSE by a 1.15-to-1 ratio; on Nasdaq, a 1.15-to-1 ratio favored advancers.The S&P 500 posted 1 new 52-week highs and 74 new lows; the Nasdaq Composite recorded 6 new highs and 1,317 new lows.Volume on U.S. exchanges was 16.17 billion shares, compared with the 13.03 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":994,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9056856178,"gmtCreate":1654997934294,"gmtModify":1676535544730,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/02318\">$PING AN(02318)$</a>has been such a laggard. Down40% in past 12 months. When will it start moving as China equities have recently started an upswing?!","listText":"<a href=\"https://ttm.financial/S/02318\">$PING AN(02318)$</a>has been such a laggard. Down40% in past 12 months. When will it start moving as China equities have recently started an upswing?!","text":"$PING AN(02318)$has been such a laggard. Down40% in past 12 months. When will it start moving as China equities have recently started an upswing?!","images":[{"img":"https://community-static.tradeup.com/news/8b9a5e6f20c27fad124d51afec656ee2","width":"1284","height":"1545"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":37,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9056856178","isVote":1,"tweetType":1,"viewCount":1128,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574845847805525","authorId":"3574845847805525","name":"Felixayt","avatar":"https://static.tigerbbs.com/00adf1c0a50272fc95c2d547605aa181","crmLevel":2,"crmLevelSwitch":0},"content":"thanks for sharing!","text":"thanks for sharing!","html":"thanks for sharing!"}],"imageCount":2,"langContent":"EN","totalScore":0},{"id":9044163932,"gmtCreate":1656723906226,"gmtModify":1676535883442,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"On the other hand, he notes that chip stocks tend to bottom six to 12 months before fundamentals -- and that the group could begin to perform better in the third quarter. He advises playing three structural trends: the growth of cloud computing, the opportunity in electric and autonomous vehicles, and the growth in capital spending to expand chip-making capacity.","listText":"On the other hand, he notes that chip stocks tend to bottom six to 12 months before fundamentals -- and that the group could begin to perform better in the third quarter. He advises playing three structural trends: the growth of cloud computing, the opportunity in electric and autonomous vehicles, and the growth in capital spending to expand chip-making capacity.","text":"On the other hand, he notes that chip stocks tend to bottom six to 12 months before fundamentals -- and that the group could begin to perform better in the third quarter. He advises playing three structural trends: the growth of cloud computing, the opportunity in electric and autonomous vehicles, and the growth in capital spending to expand chip-making capacity.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":36,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044163932","repostId":"2248843791","repostType":4,"repost":{"id":"2248843791","pubTimestamp":1656719865,"share":"https://www.laohu8.com/m/news/2248843791?lang=&edition=full","pubTime":"2022-07-02 07:57","market":"us","language":"en","title":"Tech Stocks Got Creamed in the First Half. The Rest of 2022 Could Be Worse","url":"https://stock-news.laohu8.com/highlight/detail?id=2248843791","media":"Barrons","summary":"If you have turned to this column for words of encouragement about the tech outlook for the second h","content":"<html><head></head><body><p>If you have turned to this column for words of encouragement about the tech outlook for the second half, I apologize in advance. You&#39;ve come to the wrong place. Things almost certainly are going to get worse before they get better.</p><p>Sure, the risk level is lower than it was. The Nasdaq Composite is down about 28% in the year&#39;s first six months -- that&#39;s a lot of derisking. And yes, some of the individual losses are just breathtaking. Apple (ticker: AAPL), Alphabet (GOOGL), and Microsoft (MSFT) are all down more than 22%. Amazon.com (AMZN) is off 36%, and Facebook parent Meta Platforms (META) is 51% lower. Nvidia (NVDA) is down 47%, while Advanced Micro Devices (AMD) is 46% lower.</p><p>So, yes, stocks are cheaper. But not necessarily cheap.</p><p>One gigantic problem is that earnings forecasts for the back half of the year haven&#39;t really budged, and don&#39;t reflect the evolving macroeconomic picture, which includes interest rates that continue to ratchet higher, sky-high fuel prices, ongoing logistics snafus, uncomfortably high inflation, and growing expectations that we&#39;re heading for a recession. You can throw into the mix Covid, Ukraine, and unfavorable foreign-exchange rates.</p><p>Over the past week or so, tech analysts have been rushing to slash estimates on a wholesale basis, but with June-quarter earnings reports now just weeks away, they can&#39;t move fast enough.</p><p>The memory-chip company Micron Technology (MU), which reported financial results Thursday afternoon, provided a vivid illustration of the problem. While May-quarter results were fine, guidance was not. Micron expects revenue for its August quarter of $7.2 billion, nearly $2 billion below the Street consensus. Micron&#39;s chief business officer, Sumit Sadana, explained in an interview that a key issue was a sharp slowdown in demand for PCs and smartphones, in particular in China. Sadana said the company&#39;s forecast on China demand for the August quarter dropped by 30% in just the past few months. That translates to a 10% drop in Micron&#39;s overall sales outlook.</p><p>In short, economic conditions have eroded far more sharply than companies and analysts expected. The implication is that earnings reports this time around won&#39;t be great, and guidance will be terrible. The only question is how much stocks already reflect the worsening conditions. While that&#39;s hard to say, I would note that the Street had widely anticipated weak guidance from Micron, and the company still managed to surprise to the downside, and the stock sold off.</p><p>Some analysts are rushing to get ahead of the story. J.P. Morgan analyst Doug Anmuth, for instance, last week cut estimates and price targets on 26 internet stocks. Anmuth notes that inflation hit a 40-year high in May, fuel costs are up 45% since early February, and credit-card data show slowing consumer spending.</p><p>Anmuth made the biggest cuts on online advertising and e-commerce plays. He notes that ad spending is &#34;highly correlated&#34; with gross domestic product, and that ad agencies have trimmed their 2022 forecasts for ad spending. Anmuth points out that during the 2008-09 recession, digital channels were just 12% of overall ad spending; they were 67% in 2021, &#34;making online spend now far more exposed to broader macro trends.&#34;</p><p>The outlook is no brighter in the enterprise arena. Evercore ISI analyst Amit Daryanani asserted in a research note this past week that in a recession, the hardware and software stocks he tracks could be vulnerable to declines of 30% to 40%, based on how they fared in the 2008-09 downturn. He sees risks of substantial losses for a host of high-profile stocks, including Apple, Cisco Systems (CSCO), HP Inc. (HPQ), Hewlett Packard Enterprise (HPE), Arista Networks (ANET), and Akamai Technologies (AKAM).</p><p>And what about semiconductors? Won&#39;t recent shortages and huge backlogs protect them? Well, no, says BofA Global Research analyst Vivek Arya. This past week, he trimmed his forecast for global 2022 chip sales growth to 9.5%, from 13%. For 2023, his new forecast calls for a 1% decline, rather than the 7% growth he&#39;d previously projected.</p><p>&#34;Semi downturns happen every three to four years, and we could be due for another one,&#34; Arya writes, arguing that tighter global monetary policy, geopolitical turmoil, and consumer weakness are likely to pressure chip demand through 2023. He sees risk that softness in consumer sectors like PCs, 5G phones, and gaming video cards could spread into the data center and enterprise markets.</p><p>On the other hand, he notes that chip stocks tend to bottom six to 12 months before fundamentals -- and that the group could begin to perform better in the third quarter. He advises playing three structural trends: the growth of cloud computing, the opportunity in electric and autonomous vehicles, and the growth in capital spending to expand chip-making capacity.</p><p>Arya has a point. If you are going to bottom-fish, pick stocks where the macro issues should be just a speed bump. The cloud computing story, for instance, clearly remains a powerful one. Alex Haissl, an analyst with the U.K.-based research boutique Redburn, this past week recommended Amazon shares on the theory that Amazon Web Services is worth $3 trillion, or almost triple Amazon&#39;s current market cap.</p><p>But whatever your long-term view may be, you need to brace for a couple of tough quarters ahead. Buckle up. b</p></body></html>","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>Tech Stocks Got Creamed in the First Half. The Rest of 2022 Could Be Worse</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\">\nTech Stocks Got Creamed in the First Half. The Rest of 2022 Could Be Worse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-02 07:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tech-stocks-secondhalf-could-be-worse-51656693199?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you have turned to this column for words of encouragement about the tech outlook for the second half, I apologize in advance. You've come to the wrong place. Things almost certainly are going to ...</p>\n\n<a href=\"https://www.barrons.com/articles/tech-stocks-secondhalf-could-be-worse-51656693199?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":{"NVDA":"英伟达","AMD":"美国超微公司",".DJI":"道琼斯","MU":"美光科技","META":"Meta Platforms","GOOGL":"谷歌A","AAPL":"苹果",".IXIC":"NASDAQ Composite","AMZN":"亚马逊",".SPX":"S&P 500 Index","MSFT":"微软"},"source_url":"https://www.barrons.com/articles/tech-stocks-secondhalf-could-be-worse-51656693199?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2248843791","content_text":"If you have turned to this column for words of encouragement about the tech outlook for the second half, I apologize in advance. You've come to the wrong place. Things almost certainly are going to get worse before they get better.Sure, the risk level is lower than it was. The Nasdaq Composite is down about 28% in the year's first six months -- that's a lot of derisking. And yes, some of the individual losses are just breathtaking. Apple (ticker: AAPL), Alphabet (GOOGL), and Microsoft (MSFT) are all down more than 22%. Amazon.com (AMZN) is off 36%, and Facebook parent Meta Platforms (META) is 51% lower. Nvidia (NVDA) is down 47%, while Advanced Micro Devices (AMD) is 46% lower.So, yes, stocks are cheaper. But not necessarily cheap.One gigantic problem is that earnings forecasts for the back half of the year haven't really budged, and don't reflect the evolving macroeconomic picture, which includes interest rates that continue to ratchet higher, sky-high fuel prices, ongoing logistics snafus, uncomfortably high inflation, and growing expectations that we're heading for a recession. You can throw into the mix Covid, Ukraine, and unfavorable foreign-exchange rates.Over the past week or so, tech analysts have been rushing to slash estimates on a wholesale basis, but with June-quarter earnings reports now just weeks away, they can't move fast enough.The memory-chip company Micron Technology (MU), which reported financial results Thursday afternoon, provided a vivid illustration of the problem. While May-quarter results were fine, guidance was not. Micron expects revenue for its August quarter of $7.2 billion, nearly $2 billion below the Street consensus. Micron's chief business officer, Sumit Sadana, explained in an interview that a key issue was a sharp slowdown in demand for PCs and smartphones, in particular in China. Sadana said the company's forecast on China demand for the August quarter dropped by 30% in just the past few months. That translates to a 10% drop in Micron's overall sales outlook.In short, economic conditions have eroded far more sharply than companies and analysts expected. The implication is that earnings reports this time around won't be great, and guidance will be terrible. The only question is how much stocks already reflect the worsening conditions. While that's hard to say, I would note that the Street had widely anticipated weak guidance from Micron, and the company still managed to surprise to the downside, and the stock sold off.Some analysts are rushing to get ahead of the story. J.P. Morgan analyst Doug Anmuth, for instance, last week cut estimates and price targets on 26 internet stocks. Anmuth notes that inflation hit a 40-year high in May, fuel costs are up 45% since early February, and credit-card data show slowing consumer spending.Anmuth made the biggest cuts on online advertising and e-commerce plays. He notes that ad spending is \"highly correlated\" with gross domestic product, and that ad agencies have trimmed their 2022 forecasts for ad spending. Anmuth points out that during the 2008-09 recession, digital channels were just 12% of overall ad spending; they were 67% in 2021, \"making online spend now far more exposed to broader macro trends.\"The outlook is no brighter in the enterprise arena. Evercore ISI analyst Amit Daryanani asserted in a research note this past week that in a recession, the hardware and software stocks he tracks could be vulnerable to declines of 30% to 40%, based on how they fared in the 2008-09 downturn. He sees risks of substantial losses for a host of high-profile stocks, including Apple, Cisco Systems (CSCO), HP Inc. (HPQ), Hewlett Packard Enterprise (HPE), Arista Networks (ANET), and Akamai Technologies (AKAM).And what about semiconductors? Won't recent shortages and huge backlogs protect them? Well, no, says BofA Global Research analyst Vivek Arya. This past week, he trimmed his forecast for global 2022 chip sales growth to 9.5%, from 13%. For 2023, his new forecast calls for a 1% decline, rather than the 7% growth he'd previously projected.\"Semi downturns happen every three to four years, and we could be due for another one,\" Arya writes, arguing that tighter global monetary policy, geopolitical turmoil, and consumer weakness are likely to pressure chip demand through 2023. He sees risk that softness in consumer sectors like PCs, 5G phones, and gaming video cards could spread into the data center and enterprise markets.On the other hand, he notes that chip stocks tend to bottom six to 12 months before fundamentals -- and that the group could begin to perform better in the third quarter. He advises playing three structural trends: the growth of cloud computing, the opportunity in electric and autonomous vehicles, and the growth in capital spending to expand chip-making capacity.Arya has a point. If you are going to bottom-fish, pick stocks where the macro issues should be just a speed bump. The cloud computing story, for instance, clearly remains a powerful one. Alex Haissl, an analyst with the U.K.-based research boutique Redburn, this past week recommended Amazon shares on the theory that Amazon Web Services is worth $3 trillion, or almost triple Amazon's current market cap.But whatever your long-term view may be, you need to brace for a couple of tough quarters ahead. Buckle up. b","news_type":1},"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581732776237830","authorId":"3581732776237830","name":"gcchan90","avatar":"https://static.tigerbbs.com/5d9ba0044f6af87e0ba5abcd8e70d671","crmLevel":2,"crmLevelSwitch":1},"content":"chips stocks are on downtrend","text":"chips stocks are on downtrend","html":"chips stocks are on downtrend"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930196486,"gmtCreate":1661910319847,"gmtModify":1676536602151,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"In summary, we're in for a lot more painUS jobs openings and a consumer confidence gauge both topped forecasts, pointing to strength in household and labor demand that risks sustaining inflationary pressures and raises the prospects for a third straight 75 basis-point interest-rate hike by the Federal Reserve.","listText":"In summary, we're in for a lot more painUS jobs openings and a consumer confidence gauge both topped forecasts, pointing to strength in household and labor demand that risks sustaining inflationary pressures and raises the prospects for a third straight 75 basis-point interest-rate hike by the Federal Reserve.","text":"In summary, we're in for a lot more painUS jobs openings and a consumer confidence gauge both topped forecasts, pointing to strength in household and labor demand that risks sustaining inflationary pressures and raises the prospects for a third straight 75 basis-point interest-rate hike by the Federal Reserve.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":31,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930196486","repostId":"1113965751","repostType":4,"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9066308301,"gmtCreate":1651846486703,"gmtModify":1676534982937,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Time to vote on whether you are okay for <a href=\"https://ttm.financial/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>to delist from NYSE. I'm saying NO...not unless the company compensates us shareholders with a fair price for the shares we're holding!It's pretty easy&nbsp;to do within a few clicks and fully online (no paper needed)","listText":"Time to vote on whether you are okay for <a href=\"https://ttm.financial/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>to delist from NYSE. I'm saying NO...not unless the company compensates us shareholders with a fair price for the shares we're holding!It's pretty easy&nbsp;to do within a few clicks and fully online (no paper needed)","text":"Time to vote on whether you are okay for $DiDi Global Inc.(DIDI)$to delist from NYSE. I'm saying NO...not unless the company compensates us shareholders with a fair price for the shares we're holding!It's pretty easy to do within a few clicks and fully online (no paper needed)","images":[{"img":"https://community-static.tradeup.com/news/ecf87e1fac34735a3aff9843953812ed","width":"1284","height":"2778"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":36,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066308301","isVote":1,"tweetType":1,"viewCount":1143,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4097909991277410","authorId":"4097909991277410","name":"Vandaluus","avatar":"https://community-static.tradeup.com/news/84f4e9fca5098e480cb3203e985b09cc","crmLevel":4,"crmLevelSwitch":1},"content":"From the day management decided to go against the Chinese government's order and list overseas, the script was written. Unfortunately, investors are made to pay the price for this mis-step.","text":"From the day management decided to go against the Chinese government's order and list overseas, the script was written. Unfortunately, investors are made to pay the price for this mis-step.","html":"From the day management decided to go against the Chinese government's order and list overseas, the script was written. Unfortunately, investors are made to pay the price for this mis-step."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9061053406,"gmtCreate":1651544658261,"gmtModify":1676534923776,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"For those looking for an overview of the proposed <a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>merger with <a href=\"https://ttm.financial/S/RW0U.SI\">$MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$</a>https://links.sgx.com/FileOpen/20220429_2_Circular%20to%20MCT%20Unitholders%20dated%2029%20April%202022.ashx?App=Announcement&amp;FileID=714929&nbsp;Notice of EGM also attached","listText":"For those looking for an overview of the proposed <a href=\"https://ttm.financial/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>merger with <a href=\"https://ttm.financial/S/RW0U.SI\">$MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$</a>https://links.sgx.com/FileOpen/20220429_2_Circular%20to%20MCT%20Unitholders%20dated%2029%20April%202022.ashx?App=Announcement&amp;FileID=714929&nbsp;Notice of EGM also attached","text":"For those looking for an overview of the proposed $MAPLETREE COMMERCIAL TRUST(N2IU.SI)$merger with $MAPLETREE NORTH ASIA COMM TR(RW0U.SI)$https://links.sgx.com/FileOpen/20220429_2_Circular%20to%20MCT%20Unitholders%20dated%2029%20April%202022.ashx?App=Announcement&FileID=714929 Notice of EGM also attached","images":[{"img":"https://community-static.tradeup.com/news/7d0d19d615a94b051be1752b88271ccc","width":"1284","height":"2072"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":24,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9061053406","isVote":1,"tweetType":1,"viewCount":604,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582961969238696","authorId":"3582961969238696","name":"CrazyCao","avatar":"https://community-static.tradeup.com/news/95eb4cf34ff80455dc90a26e84cf6e51","crmLevel":6,"crmLevelSwitch":0},"content":"How will merge impact commerical? 🤔","text":"How will merge impact commerical? 🤔","html":"How will merge impact commerical? 🤔"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9929879352,"gmtCreate":1670641254276,"gmtModify":1676538410859,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"It is silly to compare MSFT's PE ratio to AMZN's price to sales ratio. I'm sure we've all been told neverto compare apples and oranges, and for that matter durians and bananas, etc.&nbsp; So don't waste time with this article. Both are great companies. For me, MSFT has the edge and is truly global. AMZN isn't so widely used except in&nbsp;a few countries outside of the US","listText":"It is silly to compare MSFT's PE ratio to AMZN's price to sales ratio. I'm sure we've all been told neverto compare apples and oranges, and for that matter durians and bananas, etc.&nbsp; So don't waste time with this article. Both are great companies. For me, MSFT has the edge and is truly global. AMZN isn't so widely used except in&nbsp;a few countries outside of the US","text":"It is silly to compare MSFT's PE ratio to AMZN's price to sales ratio. I'm sure we've all been told neverto compare apples and oranges, and for that matter durians and bananas, etc. So don't waste time with this article. Both are great companies. For me, MSFT has the edge and is truly global. AMZN isn't so widely used except in a few countries outside of the US","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":25,"commentSize":19,"repostSize":0,"link":"https://ttm.financial/post/9929879352","repostId":"2290238146","repostType":2,"repost":{"id":"2290238146","pubTimestamp":1670638098,"share":"https://www.laohu8.com/m/news/2290238146?lang=&edition=full","pubTime":"2022-12-10 10:08","market":"us","language":"en","title":"Better Buy: Microsoft vs. Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=2290238146","media":"Motley Fool","summary":"These two giants have one area where they compete against each other.","content":"<html><head></head><body><p>Two of the largest companies globally are <b>Microsoft</b> and <b>Amazon</b>. Combined, they have brought in $705 billion in revenue over the past 12 months, but that number pales in comparison to the growth trajectories both companies are on.</p><p>Is there an advantage that either stock has that investors should pinpoint? Or are they both evenly matched? Let&#39;s find out.</p><h2>A common offering is the future for both</h2><p>These two businesses hardly needs an introduction. Amazon&#39;s e-commerce platform has become the go-to place for nearly all shopping needs. Microsoft&#39;s Office products are standard for most computers, and it has a consumer product segment offering laptops and gaming consoles.</p><p>However, the most important segment for both companies&#39; future may well be cloud computing. Microsoft&#39;s Azure and Amazon Web Services (AWS) are the industry leaders, each maintaining an impressive market share.</p><table border=\"1\"><tbody><tr><th>Company</th><th>Rank</th><th>Market Share</th></tr><tr><td><b>Amazon</b></td><td>1st</td><td>34%</td></tr><tr><td><b>Microsoft</b></td><td>2nd</td><td>21%</td></tr><tr><td><b>Alphabet </b>(Google Cloud)</td><td>3rd</td><td>11%</td></tr></tbody></table><p>Data source: Synergy Research Group.</p><p>That&#39;s a commanding lead over third-place Google Cloud. Additionally, each saw impressive revenue growth, with AWS rising 27% and Microsoft rising 35% year over year in their latest quarters. That growth is expected to continue for some time. Precedence Research expects the industry to grow at a compound annual rate of 17.4% from 2022 to 2030, eventually reaching a $1.6 trillion market.</p><p>Say Amazon and Microsoft can retain their current market share in cloud computing. This would put potential 2030 revenue for this segment at $544 billion for Amazon and $336 billion for Microsoft. That&#39;s impressive considering that Amazon&#39;s trailing-12-month revenue was $502 billion and Microsoft&#39;s was $203 billion. It&#39;s an opportunity for massive growth apart from their other businesses.</p><p>Looking at it another way, that $336 billion would be more than double Microsoft&#39;s non-Azure revenue today, by my estimate. By comparison, the projected $554 billion for Amazon&#39;s AWS business would be just a little over 30% more than its non-AWS revenue today. So cloud computing could have a much bigger impact down the road for Microsoft&#39;s revenue.</p><p>However, on the bottom line, cloud computing could be more meaningful for Amazon, because AWS has a higher margin than the e-commerce revenue. In fact, it&#39;s Amazon&#39;s only profitable segment right now.</p><p>At Amazon, AWS is also funding other business segments. At Microsoft, Azure is complementary. This skews the future outlook in Microsoft&#39;s favor.</p><h2>Amazon is the better value</h2><p>However, stock valuation also has a role to play. Amazon isn&#39;t profitable, while Microsoft is, so comparing earnings or free cash flow isn&#39;t going to yield a helpful comparison. Plus, Amazon&#39;s commerce business is inherently low margin, even when profitable. So a direct comparison isn&#39;t possible. However, we can value each company in its own way.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a11b2c6b09932649414501fa819d125f\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"/><span>MSFT PS Ratio data by YCharts</span></p><p>Microsoft&#39;s price-to-earnings ratio of 27.5 is rich although not quite as expensive as it&#39;s been over the past couple of years. Microsoft&#39;s execution and consistency have earned it its premium, but the company must continue to execute at a high level to maintain its valuation.</p><p>Moving to Amazon, if we value its AWS business at 9.4 times sales (the same as Microsoft) and its retail business at 0.7 times sales (the same as <b>Walmart</b>), you&#39;d get a valuation like this below.</p><table border=\"1\"><tbody><tr><th>Amazon Segment</th><th>Trailing-12-Month Revenue</th><th>Segment Price-to-Sales Ratio</th><th>Segment Market Cap</th></tr><tr><td>AWS</td><td>$76.5 billion</td><td>9.4</td><td>$719.1 billion</td></tr><tr><td>Commerce</td><td>$425.7 billion</td><td>0.7</td><td>$298.0 billion</td></tr></tbody></table><p>Data source: Amazon and YCharts.</p><p>Adding those two segments together gives Amazon a theoretical valuation of $1.017 trillion, yet the stock is valued at $960 billion. This shows that it is potentially undervalued.</p><p>Over the long run, premium valuations can be overcome by solid execution and growth -- something Microsoft has demonstrated. Because of that, I think Microsoft is the better buy today although Amazon is still a strong company too. There&#39;s a lot of uncertainty with Amazon&#39;s commerce business, and so that gives Microsoft the edge.</p></body></html>","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>Better Buy: Microsoft vs. Amazon</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\">\nBetter Buy: Microsoft vs. Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-10 10:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/09/better-buy-microsoft-vs-amazon/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two of the largest companies globally are Microsoft and Amazon. Combined, they have brought in $705 billion in revenue over the past 12 months, but that number pales in comparison to the growth ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/09/better-buy-microsoft-vs-amazon/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","MSFT":"微软"},"source_url":"https://www.fool.com/investing/2022/12/09/better-buy-microsoft-vs-amazon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290238146","content_text":"Two of the largest companies globally are Microsoft and Amazon. Combined, they have brought in $705 billion in revenue over the past 12 months, but that number pales in comparison to the growth trajectories both companies are on.Is there an advantage that either stock has that investors should pinpoint? Or are they both evenly matched? Let's find out.A common offering is the future for bothThese two businesses hardly needs an introduction. Amazon's e-commerce platform has become the go-to place for nearly all shopping needs. Microsoft's Office products are standard for most computers, and it has a consumer product segment offering laptops and gaming consoles.However, the most important segment for both companies' future may well be cloud computing. Microsoft's Azure and Amazon Web Services (AWS) are the industry leaders, each maintaining an impressive market share.CompanyRankMarket ShareAmazon1st34%Microsoft2nd21%Alphabet (Google Cloud)3rd11%Data source: Synergy Research Group.That's a commanding lead over third-place Google Cloud. Additionally, each saw impressive revenue growth, with AWS rising 27% and Microsoft rising 35% year over year in their latest quarters. That growth is expected to continue for some time. Precedence Research expects the industry to grow at a compound annual rate of 17.4% from 2022 to 2030, eventually reaching a $1.6 trillion market.Say Amazon and Microsoft can retain their current market share in cloud computing. This would put potential 2030 revenue for this segment at $544 billion for Amazon and $336 billion for Microsoft. That's impressive considering that Amazon's trailing-12-month revenue was $502 billion and Microsoft's was $203 billion. It's an opportunity for massive growth apart from their other businesses.Looking at it another way, that $336 billion would be more than double Microsoft's non-Azure revenue today, by my estimate. By comparison, the projected $554 billion for Amazon's AWS business would be just a little over 30% more than its non-AWS revenue today. So cloud computing could have a much bigger impact down the road for Microsoft's revenue.However, on the bottom line, cloud computing could be more meaningful for Amazon, because AWS has a higher margin than the e-commerce revenue. In fact, it's Amazon's only profitable segment right now.At Amazon, AWS is also funding other business segments. At Microsoft, Azure is complementary. This skews the future outlook in Microsoft's favor.Amazon is the better valueHowever, stock valuation also has a role to play. Amazon isn't profitable, while Microsoft is, so comparing earnings or free cash flow isn't going to yield a helpful comparison. Plus, Amazon's commerce business is inherently low margin, even when profitable. So a direct comparison isn't possible. However, we can value each company in its own way.MSFT PS Ratio data by YChartsMicrosoft's price-to-earnings ratio of 27.5 is rich although not quite as expensive as it's been over the past couple of years. Microsoft's execution and consistency have earned it its premium, but the company must continue to execute at a high level to maintain its valuation.Moving to Amazon, if we value its AWS business at 9.4 times sales (the same as Microsoft) and its retail business at 0.7 times sales (the same as Walmart), you'd get a valuation like this below.Amazon SegmentTrailing-12-Month RevenueSegment Price-to-Sales RatioSegment Market CapAWS$76.5 billion9.4$719.1 billionCommerce$425.7 billion0.7$298.0 billionData source: Amazon and YCharts.Adding those two segments together gives Amazon a theoretical valuation of $1.017 trillion, yet the stock is valued at $960 billion. This shows that it is potentially undervalued.Over the long run, premium valuations can be overcome by solid execution and growth -- something Microsoft has demonstrated. Because of that, I think Microsoft is the better buy today although Amazon is still a strong company too. There's a lot of uncertainty with Amazon's commerce business, and so that gives Microsoft the edge.","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3586219015705971","authorId":"3586219015705971","name":"IN76","avatar":"https://static.tigerbbs.com/984bfc5141365bf8942213556d53a7cf","crmLevel":6,"crmLevelSwitch":1},"content":"Yes both are great companies who have diversified their businesses. They have different sources of revenues.","text":"Yes both are great companies who have diversified their businesses. They have different sources of revenues.","html":"Yes both are great companies who have diversified their businesses. They have different sources of revenues."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062502118,"gmtCreate":1652072846435,"gmtModify":1676535024745,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Good thing that the writer transparently revealed BABA as his third largest position. Very often articles are written to influence readers into certain emotions and actions. This is something we all need to be aware of when reading articles to have a balanced perspective and make the right decisions.&nbsp;That said, I think BABA is a great buy at &lt;$100. Have been averaging down and will do so if it drops further.&nbsp;","listText":"Good thing that the writer transparently revealed BABA as his third largest position. Very often articles are written to influence readers into certain emotions and actions. This is something we all need to be aware of when reading articles to have a balanced perspective and make the right decisions.&nbsp;That said, I think BABA is a great buy at &lt;$100. Have been averaging down and will do so if it drops further.&nbsp;","text":"Good thing that the writer transparently revealed BABA as his third largest position. Very often articles are written to influence readers into certain emotions and actions. This is something we all need to be aware of when reading articles to have a balanced perspective and make the right decisions. That said, I think BABA is a great buy at <$100. Have been averaging down and will do so if it drops further.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062502118","repostId":"1147128245","repostType":2,"repost":{"id":"1147128245","pubTimestamp":1652060571,"share":"https://www.laohu8.com/m/news/1147128245?lang=&edition=full","pubTime":"2022-05-09 09:42","market":"us","language":"en","title":"Alibaba: Still Waiting For The Bull Run","url":"https://stock-news.laohu8.com/highlight/detail?id=1147128245","media":"Seeking Alpha","summary":"SummaryAlibaba investors have had a rough start to 2022, with shares down 25% YTD.I break down the t","content":"<html><head></head><body><p>Summary</p><ul><li>Alibaba investors have had a rough start to 2022, with shares down 25% YTD.</li><li>I break down the three most likely outcomes for investors over the next 5 years.</li><li>Shares currently trade at 11x earnings, and are even cheaper if you take the company&#39;s balance sheet into consideration.</li><li>The company boosted the buyback program to $25B at the end of March.</li></ul><p>Markets have had an interesting start to 2022. I have had several of my biggest positions perform well, as Enterprise Products Partners (EPD), Magellan Midstream Partners (MMP), and Altria (MO) are all up double digits which has helped weather declines in just about everything else. Alibaba (NYSE:BABA), which is still my third largest position, has continued to be a pain point and is down 25% YTD. My first article was a breakdown of the company, and the second article was an update on analyst views of the company and the potential LEAPs that investors might consider if they are bullish on Alibaba. This article will focus on the potential outcomes that I see for investors who plan to ride it out.</p><p>Investment Thesis</p><p>Alibaba is still the best option for American investors looking to invest in a piece of the Chinese economy. The company is still materially undervalued, but that doesn’t seem to be in question for most investors. The company boosted its buyback program to $25B, which is huge relative to the 270B market cap. I will go over the three outcomes that I view as most likely, as well as a brief update on the valuation. I think the risk/reward equation is attractive today and investors willing to buy shares of Alibaba while it&#39;s unpopular could see huge returns.</p><p>Outcome #1 – The Good</p><p>Personally, I think the best-case scenario is also the most likely. I think cooler heads prevail and regulators figure out a solution that works for both the Chinese and the US when it comes to ADRs, delisting, and other fears that have been in the news on a weekly basis will not be an issue. Investors will begin to open up to the idea of owning Chinese stocks again, and money starts to flow into large Chinese stocks like Alibaba, Tencent (OTCPK:TCEHY), and JD (JD), as well as ETFs like the China Internet ETF (KWEB). It won’t happen overnight, but I think we are past peak fear when it comes to China and its markets.</p><p>Outcome #2 – The Bad</p><p>If it turns out we are not past peak fear, things could continue to get worse for shareholders. Shares peaked out in 2020 above $300, and it has been a choppy ride down and to the right ever since. I think that the worst is behind us, but it is possible that things could continue as they have been for the last year and a half for Alibaba. I think that this outcome is unlikely, but the market has consistently sold Alibaba for nearly two years. It is possible that the selloff continues, and shares continue to languish and frustrate investors.</p><p>Outcome #3 – The Ugly</p><p>The last scenario is the worst-case scenario for Alibaba investors. This would be if regulators attack the ADR structure for Alibaba. It could be a delisting, or some other rule or regulation that makes it more difficult for American investors and institutions to invest in Alibaba. Investors can still hold shares on the Hong Kong exchange, but the ADRs are the most convenient for US investors and brokerages. While China and America have had a rocky relationship over the last decade, both countries (and their economies) need the other to continue to function. I view this outcome as highly unlikely. Investors should weigh these possibilities and decide if the valuation is attractive enough for them.</p><p>Valuation</p><p>If you have read most of the articles on Alibaba, most authors seem to agree that the company is undervalued. Some aren’t as bullish because of the China risk, but I think shares are too cheap to ignore, especially when you consider the quality of the business. Shares currently trade for 11x earnings, which is just way too cheap for a company that is growing revenue like Alibaba. I’m curious to see what yearend earnings look like, but I think the company will be earning significantly more in 5 years than it is today.</p><p><img src=\"https://static.tigerbbs.com/f154a27adaae8c41867bb4dd1d9fffff\" tg-width=\"640\" tg-height=\"371\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Price/Earnings(FAST Graphs)</p><p>You can also remove cash and other short-term assets to conclude that Alibaba is even cheaper than it looks at first glance. If you think that the risk/reward is skewed to the upside and have an iron stomach and a plan to hold for years, Alibaba could provide impressive returns. One of the other pieces that I like is the buyback program that was increased in late March.</p><p>The company boosted its buyback program to $25B, which left approximately $15B on the authorization at the time. Unlike many of the American companies buying back stock at elevated valuations, Alibaba is cheap, and buybacks done at these prices will be a huge benefit for long term shareholders. I’m curious to see what happens in the next year with the share price and buybacks, but I plan to hold onto my shares barring any unforeseen changes.</p><p>Conclusion</p><p>Alibaba is one of a few large cap stocks available today where the risk/reward is highly skewed to the upside. Shares have been selling off for nearly two years due a stream of negative headlines, but the business is still in good condition. The valuation is very cheap at 11x earnings and the buyback program is another reason to be bullish. Investors view China as a risk due to the geopolitical complexity, but I think there are three outcomes that are most likely for investors.</p><p>The first (and most likely, in my opinion) is that the status quo wins out when it comes to US and Chinese relations, the ADR continues to trade on the NYSE, and money starts to flow back into Chinese stocks, ETFs, and other assets. The second outcome is that things continue to go poorly for investors even without any material changes to the listing or US/China relations. This could happen, but I think peak fear is behind us when it comes to shares and I don’t think this outcome is very likely.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Still Waiting For The Bull Run</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Still Waiting For The Bull Run\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-09 09:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4508619-alibaba-still-waiting-for-the-bull-run><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba investors have had a rough start to 2022, with shares down 25% YTD.I break down the three most likely outcomes for investors over the next 5 years.Shares currently trade at 11x earnings...</p>\n\n<a href=\"https://seekingalpha.com/article/4508619-alibaba-still-waiting-for-the-bull-run\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4508619-alibaba-still-waiting-for-the-bull-run","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147128245","content_text":"SummaryAlibaba investors have had a rough start to 2022, with shares down 25% YTD.I break down the three most likely outcomes for investors over the next 5 years.Shares currently trade at 11x earnings, and are even cheaper if you take the company's balance sheet into consideration.The company boosted the buyback program to $25B at the end of March.Markets have had an interesting start to 2022. I have had several of my biggest positions perform well, as Enterprise Products Partners (EPD), Magellan Midstream Partners (MMP), and Altria (MO) are all up double digits which has helped weather declines in just about everything else. Alibaba (NYSE:BABA), which is still my third largest position, has continued to be a pain point and is down 25% YTD. My first article was a breakdown of the company, and the second article was an update on analyst views of the company and the potential LEAPs that investors might consider if they are bullish on Alibaba. This article will focus on the potential outcomes that I see for investors who plan to ride it out.Investment ThesisAlibaba is still the best option for American investors looking to invest in a piece of the Chinese economy. The company is still materially undervalued, but that doesn’t seem to be in question for most investors. The company boosted its buyback program to $25B, which is huge relative to the 270B market cap. I will go over the three outcomes that I view as most likely, as well as a brief update on the valuation. I think the risk/reward equation is attractive today and investors willing to buy shares of Alibaba while it's unpopular could see huge returns.Outcome #1 – The GoodPersonally, I think the best-case scenario is also the most likely. I think cooler heads prevail and regulators figure out a solution that works for both the Chinese and the US when it comes to ADRs, delisting, and other fears that have been in the news on a weekly basis will not be an issue. Investors will begin to open up to the idea of owning Chinese stocks again, and money starts to flow into large Chinese stocks like Alibaba, Tencent (OTCPK:TCEHY), and JD (JD), as well as ETFs like the China Internet ETF (KWEB). It won’t happen overnight, but I think we are past peak fear when it comes to China and its markets.Outcome #2 – The BadIf it turns out we are not past peak fear, things could continue to get worse for shareholders. Shares peaked out in 2020 above $300, and it has been a choppy ride down and to the right ever since. I think that the worst is behind us, but it is possible that things could continue as they have been for the last year and a half for Alibaba. I think that this outcome is unlikely, but the market has consistently sold Alibaba for nearly two years. It is possible that the selloff continues, and shares continue to languish and frustrate investors.Outcome #3 – The UglyThe last scenario is the worst-case scenario for Alibaba investors. This would be if regulators attack the ADR structure for Alibaba. It could be a delisting, or some other rule or regulation that makes it more difficult for American investors and institutions to invest in Alibaba. Investors can still hold shares on the Hong Kong exchange, but the ADRs are the most convenient for US investors and brokerages. While China and America have had a rocky relationship over the last decade, both countries (and their economies) need the other to continue to function. I view this outcome as highly unlikely. Investors should weigh these possibilities and decide if the valuation is attractive enough for them.ValuationIf you have read most of the articles on Alibaba, most authors seem to agree that the company is undervalued. Some aren’t as bullish because of the China risk, but I think shares are too cheap to ignore, especially when you consider the quality of the business. Shares currently trade for 11x earnings, which is just way too cheap for a company that is growing revenue like Alibaba. I’m curious to see what yearend earnings look like, but I think the company will be earning significantly more in 5 years than it is today.Price/Earnings(FAST Graphs)You can also remove cash and other short-term assets to conclude that Alibaba is even cheaper than it looks at first glance. If you think that the risk/reward is skewed to the upside and have an iron stomach and a plan to hold for years, Alibaba could provide impressive returns. One of the other pieces that I like is the buyback program that was increased in late March.The company boosted its buyback program to $25B, which left approximately $15B on the authorization at the time. Unlike many of the American companies buying back stock at elevated valuations, Alibaba is cheap, and buybacks done at these prices will be a huge benefit for long term shareholders. I’m curious to see what happens in the next year with the share price and buybacks, but I plan to hold onto my shares barring any unforeseen changes.ConclusionAlibaba is one of a few large cap stocks available today where the risk/reward is highly skewed to the upside. Shares have been selling off for nearly two years due a stream of negative headlines, but the business is still in good condition. The valuation is very cheap at 11x earnings and the buyback program is another reason to be bullish. Investors view China as a risk due to the geopolitical complexity, but I think there are three outcomes that are most likely for investors.The first (and most likely, in my opinion) is that the status quo wins out when it comes to US and Chinese relations, the ADR continues to trade on the NYSE, and money starts to flow back into Chinese stocks, ETFs, and other assets. The second outcome is that things continue to go poorly for investors even without any material changes to the listing or US/China relations. This could happen, but I think peak fear is behind us when it comes to shares and I don’t think this outcome is very likely.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578716728895179","authorId":"3578716728895179","name":"sansCervelle","avatar":"https://community-static.tradeup.com/news/73bb75516984a660b4b1de5c464bb9c1","crmLevel":2,"crmLevelSwitch":0},"content":"but still, we have to be very careful with chinese stocks","text":"but still, we have to be very careful with chinese stocks","html":"but still, we have to be very careful with chinese stocks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983320455,"gmtCreate":1666155531578,"gmtModify":1676537715261,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"This is an opinion of one writer with assumptions&nbsp;to justify his views. I'm not saying that if recession hits, Apple won't be affected. But remember it's a US$1t company and even if it stays that way, that'snot a bad thing. Users of iPhones and apple products are not Low income earners. Many would continue to buy and replace. So the headline that Apple earnings are likely to bomb is nothing but fear-mongering. Shame on you, lousy SeekingAlpha!","listText":"This is an opinion of one writer with assumptions&nbsp;to justify his views. I'm not saying that if recession hits, Apple won't be affected. But remember it's a US$1t company and even if it stays that way, that'snot a bad thing. Users of iPhones and apple products are not Low income earners. Many would continue to buy and replace. So the headline that Apple earnings are likely to bomb is nothing but fear-mongering. Shame on you, lousy SeekingAlpha!","text":"This is an opinion of one writer with assumptions to justify his views. I'm not saying that if recession hits, Apple won't be affected. But remember it's a US$1t company and even if it stays that way, that'snot a bad thing. Users of iPhones and apple products are not Low income earners. Many would continue to buy and replace. So the headline that Apple earnings are likely to bomb is nothing but fear-mongering. Shame on you, lousy SeekingAlpha!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/9983320455","repostId":"1163149585","repostType":2,"repost":{"id":"1163149585","pubTimestamp":1666188491,"share":"https://www.laohu8.com/m/news/1163149585?lang=&edition=full","pubTime":"2022-10-19 22:08","market":"us","language":"en","title":"Apple Earnings Are Likely To Bomb Going Forward","url":"https://stock-news.laohu8.com/highlight/detail?id=1163149585","media":"Seeking Alpha","summary":"SummaryApple is going against astounding year-over-year comps from 2021's free-money/YOLO economy. B","content":"<html><head></head><body><h2>Summary</h2><ul><li>Apple is going against astounding year-over-year comps from 2021&#39;s free-money/YOLO economy. But as the economy softens, are people really going to go out of their way to upgrade their iPhones?</li><li>2021 was &#34;peak everything&#34; for consumers, with spending on consumer goods like Apple&#39;s products being a key bellwether.</li><li>Apple&#39;s U-turn on its planned iPhone production ramp is a clear early warning signal for earnings to decline, but few investors are listening.</li><li>Apple has also been a prime beneficiary of tax cuts, QE, and stimulus, while the underlying net income of its business looks more sluggish and cyclical.</li><li>While Apple is a decent business, you should not get sucked into paying high PE ratios for popular stocks with earnings at cyclical peaks, or your portfolio will likely suffer the consequences.</li></ul><p>Some buy-and-hold investors may consider this blasphemy, but since late 2019 Apple&#39;s (NASDAQ:AAPL) stock price has grown increasingly disconnected from the reality of its underlying business. Apple&#39;s stock is ground zero for investors that expect stimulus-fueled levels of consumer spending to last forever. In reality, investors are tripping over each other to pay a peak multiple for consumer discretionary stocks like AAPL at peak earnings. This is unlikely to succeed as an investing strategy. To this point, the present valuation of Apple is a gift to investors, who now have the opportunity to sell while the stock is overvalued and allocate money elsewhere.</p><p><img src=\"https://static.tigerbbs.com/c74fbc6467060e07ea0d8b8477c0a63f\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><h3>The Pandemic Didn&#39;t Fundamentally Change Apple&#39;s Business</h3><p>Of course, Apple is a profitable business. But the beauty of looking at Apple&#39;s income statement is that it can tell you why the company is making more money and whether the share price is increasing faster or slower than the business.</p><p>Apple&#39;s share price shows powerful gains, trading for about 5.9x more than it did 10 years ago.</p><p>EPS is up a lot over the last 10 years (3.8x), but not as much as the share price.</p><p>And EPS, in turn, is up a lot more than net income (2.4x).</p><p>When you subtract out corporate tax cuts and the benefit from lower interest rates, earnings are only 2.1x the levels of 10 years ago.</p><p>Moreover, nearly all of this growth has come recently during the pandemic. From 2012 to 2019, earnings before interest and taxes had only grown about 16%! The rest was all from tax cuts, lower interest rates, stimulus, and Apple&#39;s buyback. Not to discount the wisdom of buybacks in general- it was great when Apple was buying its shares back at like 10x earnings. But recently at 30x earnings? Not so much!</p><p>It&#39;s strange when you think about it, but Apple&#39;s story has been similarly borne out among thousands of companies with the same trend of Market Cap Growth &gt; EPS Growth&gt; Net Income Growth&gt; EBIT Growth. Valuations have risen faster than earnings, which in turn have been juiced by stimulus, falling interest rates, and deficit-financed corporate tax cuts. In the end, investors are getting a lot of sizzle and not much steak.</p><p>If you&#39;re buying Apple here, you really need a compelling reason why Apple&#39;s business has fundamentally improved since 2019. I don&#39;t see one, besides people getting free money from the government. iPhone sales have been higher post-pandemic than previously, but consider that the US government handed out approximately $10,000 per family in stimulus in 2021. That&#39;s tax-free cash in addition to wages 95% of people were making working in 2021, so it was generally pure profit to recipients. In addition, remember that consumers had limited choices for travel, entertainment, and events, which directed spending towards consumer goods like Apple&#39;s.</p><p>But what will happen to consumer spending this holiday season without $10,000 per family in free money and with raging inflation squeezing budgets? A massive miss in profits for consumer discretionary companies is the most likely outcome. Analysts are now slowly starting the process of revising Apple&#39;s earnings estimates down. The danger here is deceptive, as evidenced by the recent earnings misses of Adobe (ADBE), FedEx (FDX), and Restoration Hardware (RH) that reported off-cycle. Traders are excited because banks like Bank of America (BAC) reported higher profits from the Fed&#39;s interest rate hiking campaign. However, as the earnings cycle turns to consumer discretionary and tech there will likely be a bunch of stocks getting routed, with high-profile stocks like Apple and Amazon (AMZN) being likely victims.</p><h3>What To Expect From Apple&#39;s Earnings: Not Sustainable</h3><p>Apple reports quarterly earnings after the market closes on Thursday, October 27th. As always, Apple&#39;s report will be followed by their quarterly earnings call (and posted on Seeking Alpha shortly after). Analysts expect earnings of $1.27 for the quarter. Apple no longer gives earnings guidance- there&#39;s no requirement to do so even though they did so in the past. But this causes investors to get too excited about Apple&#39;s prospects rather than actually looking at the numbers. For investors to expect profits to simply level off with the rug pulled on stimulus is naive. Even before the recent revisions, Wall Street analysts had only projected mid-single-digit EPS growth for Apple over the next few years. That&#39;s not a huge vote of confidence. If you take these estimates at face value, Apple trades for over 22x next fiscal year&#39;s earnings with middling growth prospects. By contrast, the S&amp;P 500 currently trades for about 15.6x analyst earnings estimates and has roughly equal growth prospects. The long-running story for Apple of course has been growth in services revenue, but I expect that to slow dramatically as the amount they can squeeze Google (GOOG) dramatically slows. If Apple can tell TSMC (TSM) no on price increases, then Google can likely do the same for Apple.</p><p>This wouldn&#39;t be so bad except for the likelihood that earnings estimates are wildly inflated due to the massive stimulus in 2021. Once you account for the stimulus, I don&#39;t think there&#39;s much that fundamentally changed for Apple, its products, or its business prospects. In fact, people are likely to delay upgrading iPhones for years since they upgraded en masse in 2021 and early 2022. Apple is oddly out of step with the rest of the industry on this- they recently had to pull a U-turn on a planned 7% ramp in production. We can draw some clues on demand from the broader semiconductor market, with Micron (MU) and Nvidia (NVDA) acknowledging the slowdown in September, with Intel (INTC) announcing weak results and job cuts shortly after. Taiwan Semiconductor announced results a few days ago and warned of weakening demand. There&#39;s also the issue of the strong dollar, which eats away at Apple&#39;s US dollar profits on sales made outside the US. If past cycles are any guide, earnings for mature consumer-centric companies like Apple are likely to fall substantially. Without stimulus, AAPL&#39;s earnings could easily trend back to a bit above its pre-pandemic numbers, pushing the stock below $100 and likely below $75. There are severe, structural problems with the ability of consumers to continue to spend at the rate they are, and consumer discretionary companies are on the frontlines of this change. Raging inflation, lack of stimulus, declines in real earnings, etc., all have a hand in this. And when the hammer eventually drops on student loan forbearance, that&#39;s another 1% or more of the national income sucked back into the U.S. Treasury- equivalent to a fairly broad income tax hike.</p><h3>Mega Cap Tech Valuations: Signal And Noise</h3><p>There&#39;s a classic experiment in statistics where if you put a bunch of people&#39;s guesses together, the highest numbers are likely to be overestimated, while the lowest numbers are likely to be underestimated. For example, if we poll 100 people on how many jellybeans are in a jar or what the margin of victory will be for a candidate in the midterm elections, the highest estimates are likely to be wrong. The high estimates tend to have more noise in them than the ones in the middle. Financial markets aren&#39;t so different. Research shows companies that have the world&#39;s largest market caps tend to subsequently underperform. High P/E ratios combined with high-popularity stocks end up being far more noise than signal and are best avoided.</p><p>Apple is the world&#39;s most valuable company, and it has been this way for a while. But in contrast to my previous research on the disposition effect and Apple stock being worth more than the business as late as 2019, you simply can&#39;t justify the near tripling in price since then. By contrast, you can sell Apple and put your money in a basket of small-cap stocks (IJR) that are trading at similar valuations to 2019. Don&#39;t be fooled by stocks that see huge gains in share price without corresponding growth in the underlying business. History shows that doing this means you&#39;ll be consigned to years of low or negative returns.</p><h3>Bottom Line</h3><p>For a variety of reasons that are unlikely to prove sustainable, Apple has nearly tripled in price since the summer of 2019. Seeking Alpha&#39;s quant model gives the stock an F for valuation and a D+ for growth. This mirrors the lack of enthusiasm for Wall Street analysts on Apple&#39;s growth prospects. AAPL is now among the most overvalued large-cap names. Investors should consider selling and either allocating to Treasury bills that pay 4-4.5% annually, or to small-cap stocks that trade for less than half the valuation of Apple. Do you agree? Feel free to share your thoughts in the comments!</p></body></html>","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 Earnings Are Likely To Bomb Going Forward</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 Earnings Are Likely To Bomb Going Forward\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-19 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4547242-apple-earnings-are-likely-to-bomb-going-forward><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple is going against astounding year-over-year comps from 2021's free-money/YOLO economy. But as the economy softens, are people really going to go out of their way to upgrade their iPhones?...</p>\n\n<a href=\"https://seekingalpha.com/article/4547242-apple-earnings-are-likely-to-bomb-going-forward\">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://seekingalpha.com/article/4547242-apple-earnings-are-likely-to-bomb-going-forward","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163149585","content_text":"SummaryApple is going against astounding year-over-year comps from 2021's free-money/YOLO economy. But as the economy softens, are people really going to go out of their way to upgrade their iPhones?2021 was \"peak everything\" for consumers, with spending on consumer goods like Apple's products being a key bellwether.Apple's U-turn on its planned iPhone production ramp is a clear early warning signal for earnings to decline, but few investors are listening.Apple has also been a prime beneficiary of tax cuts, QE, and stimulus, while the underlying net income of its business looks more sluggish and cyclical.While Apple is a decent business, you should not get sucked into paying high PE ratios for popular stocks with earnings at cyclical peaks, or your portfolio will likely suffer the consequences.Some buy-and-hold investors may consider this blasphemy, but since late 2019 Apple's (NASDAQ:AAPL) stock price has grown increasingly disconnected from the reality of its underlying business. Apple's stock is ground zero for investors that expect stimulus-fueled levels of consumer spending to last forever. In reality, investors are tripping over each other to pay a peak multiple for consumer discretionary stocks like AAPL at peak earnings. This is unlikely to succeed as an investing strategy. To this point, the present valuation of Apple is a gift to investors, who now have the opportunity to sell while the stock is overvalued and allocate money elsewhere.Data by YChartsThe Pandemic Didn't Fundamentally Change Apple's BusinessOf course, Apple is a profitable business. But the beauty of looking at Apple's income statement is that it can tell you why the company is making more money and whether the share price is increasing faster or slower than the business.Apple's share price shows powerful gains, trading for about 5.9x more than it did 10 years ago.EPS is up a lot over the last 10 years (3.8x), but not as much as the share price.And EPS, in turn, is up a lot more than net income (2.4x).When you subtract out corporate tax cuts and the benefit from lower interest rates, earnings are only 2.1x the levels of 10 years ago.Moreover, nearly all of this growth has come recently during the pandemic. From 2012 to 2019, earnings before interest and taxes had only grown about 16%! The rest was all from tax cuts, lower interest rates, stimulus, and Apple's buyback. Not to discount the wisdom of buybacks in general- it was great when Apple was buying its shares back at like 10x earnings. But recently at 30x earnings? Not so much!It's strange when you think about it, but Apple's story has been similarly borne out among thousands of companies with the same trend of Market Cap Growth > EPS Growth> Net Income Growth> EBIT Growth. Valuations have risen faster than earnings, which in turn have been juiced by stimulus, falling interest rates, and deficit-financed corporate tax cuts. In the end, investors are getting a lot of sizzle and not much steak.If you're buying Apple here, you really need a compelling reason why Apple's business has fundamentally improved since 2019. I don't see one, besides people getting free money from the government. iPhone sales have been higher post-pandemic than previously, but consider that the US government handed out approximately $10,000 per family in stimulus in 2021. That's tax-free cash in addition to wages 95% of people were making working in 2021, so it was generally pure profit to recipients. In addition, remember that consumers had limited choices for travel, entertainment, and events, which directed spending towards consumer goods like Apple's.But what will happen to consumer spending this holiday season without $10,000 per family in free money and with raging inflation squeezing budgets? A massive miss in profits for consumer discretionary companies is the most likely outcome. Analysts are now slowly starting the process of revising Apple's earnings estimates down. The danger here is deceptive, as evidenced by the recent earnings misses of Adobe (ADBE), FedEx (FDX), and Restoration Hardware (RH) that reported off-cycle. Traders are excited because banks like Bank of America (BAC) reported higher profits from the Fed's interest rate hiking campaign. However, as the earnings cycle turns to consumer discretionary and tech there will likely be a bunch of stocks getting routed, with high-profile stocks like Apple and Amazon (AMZN) being likely victims.What To Expect From Apple's Earnings: Not SustainableApple reports quarterly earnings after the market closes on Thursday, October 27th. As always, Apple's report will be followed by their quarterly earnings call (and posted on Seeking Alpha shortly after). Analysts expect earnings of $1.27 for the quarter. Apple no longer gives earnings guidance- there's no requirement to do so even though they did so in the past. But this causes investors to get too excited about Apple's prospects rather than actually looking at the numbers. For investors to expect profits to simply level off with the rug pulled on stimulus is naive. Even before the recent revisions, Wall Street analysts had only projected mid-single-digit EPS growth for Apple over the next few years. That's not a huge vote of confidence. If you take these estimates at face value, Apple trades for over 22x next fiscal year's earnings with middling growth prospects. By contrast, the S&P 500 currently trades for about 15.6x analyst earnings estimates and has roughly equal growth prospects. The long-running story for Apple of course has been growth in services revenue, but I expect that to slow dramatically as the amount they can squeeze Google (GOOG) dramatically slows. If Apple can tell TSMC (TSM) no on price increases, then Google can likely do the same for Apple.This wouldn't be so bad except for the likelihood that earnings estimates are wildly inflated due to the massive stimulus in 2021. Once you account for the stimulus, I don't think there's much that fundamentally changed for Apple, its products, or its business prospects. In fact, people are likely to delay upgrading iPhones for years since they upgraded en masse in 2021 and early 2022. Apple is oddly out of step with the rest of the industry on this- they recently had to pull a U-turn on a planned 7% ramp in production. We can draw some clues on demand from the broader semiconductor market, with Micron (MU) and Nvidia (NVDA) acknowledging the slowdown in September, with Intel (INTC) announcing weak results and job cuts shortly after. Taiwan Semiconductor announced results a few days ago and warned of weakening demand. There's also the issue of the strong dollar, which eats away at Apple's US dollar profits on sales made outside the US. If past cycles are any guide, earnings for mature consumer-centric companies like Apple are likely to fall substantially. Without stimulus, AAPL's earnings could easily trend back to a bit above its pre-pandemic numbers, pushing the stock below $100 and likely below $75. There are severe, structural problems with the ability of consumers to continue to spend at the rate they are, and consumer discretionary companies are on the frontlines of this change. Raging inflation, lack of stimulus, declines in real earnings, etc., all have a hand in this. And when the hammer eventually drops on student loan forbearance, that's another 1% or more of the national income sucked back into the U.S. Treasury- equivalent to a fairly broad income tax hike.Mega Cap Tech Valuations: Signal And NoiseThere's a classic experiment in statistics where if you put a bunch of people's guesses together, the highest numbers are likely to be overestimated, while the lowest numbers are likely to be underestimated. For example, if we poll 100 people on how many jellybeans are in a jar or what the margin of victory will be for a candidate in the midterm elections, the highest estimates are likely to be wrong. The high estimates tend to have more noise in them than the ones in the middle. Financial markets aren't so different. Research shows companies that have the world's largest market caps tend to subsequently underperform. High P/E ratios combined with high-popularity stocks end up being far more noise than signal and are best avoided.Apple is the world's most valuable company, and it has been this way for a while. But in contrast to my previous research on the disposition effect and Apple stock being worth more than the business as late as 2019, you simply can't justify the near tripling in price since then. By contrast, you can sell Apple and put your money in a basket of small-cap stocks (IJR) that are trading at similar valuations to 2019. Don't be fooled by stocks that see huge gains in share price without corresponding growth in the underlying business. History shows that doing this means you'll be consigned to years of low or negative returns.Bottom LineFor a variety of reasons that are unlikely to prove sustainable, Apple has nearly tripled in price since the summer of 2019. Seeking Alpha's quant model gives the stock an F for valuation and a D+ for growth. This mirrors the lack of enthusiasm for Wall Street analysts on Apple's growth prospects. AAPL is now among the most overvalued large-cap names. Investors should consider selling and either allocating to Treasury bills that pay 4-4.5% annually, or to small-cap stocks that trade for less than half the valuation of Apple. Do you agree? Feel free to share your thoughts in the comments!","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9046069208,"gmtCreate":1656284950704,"gmtModify":1676535796765,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick noted earlier this week.","listText":"“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick noted earlier this week.","text":"“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick noted earlier this week.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9046069208","repostId":"1184080362","repostType":2,"repost":{"id":"1184080362","pubTimestamp":1656283742,"share":"https://www.laohu8.com/m/news/1184080362?lang=&edition=full","pubTime":"2022-06-27 06:49","market":"us","language":"en","title":"Stocks Pace Towards Worst Start since 1970: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1184080362","media":"Yahoo Finance","summary":"The week ahead will bring to an end the second quarter and the first half of what has been a challen","content":"<html><head></head><body><p>The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.</p><p>Several key economic reports, including core PCE inflation – the Federal Reserve&#39;s preferred measure of consumer prices – are on tap, along with earnings from Nike (NKE), Jefferies (JEF), Micron Technology (MU), and Bed Bath &amp; Beyond (BBBY).</p><p>The S&amp;P 500 rose by more than 3% on Friday and gained over 6% for the week, its second-best week this year and its first weekly rise since late May.</p><p>The benchmark index still remains on pace for one its worst opening six months since 1970. Only five times since 1932 has the S&amp;P 500 lost 15% or more in the first six months of a year; through Friday&#39;s close, the benchmark index was down just under 18%.</p><p>“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick noted earlier this week.</p><p>And indeed, investors remain generally optimistic that a rebound is ahead despite this year’s downturn.</p><p>Although analysts have lowered their price targets on S&amp;P 500 companies in recent months — bringing the consensus bottom-up target price for the index below 5,000 for the first time since August 2021 — the estimate of 4,987.28 as of June 23 remains 31.4% above the closing price of the same day’s closing price of 3,795.73,according to data from FactSet.</p><p>This suggests analysts expect the index to rise by more than 30% in the next 12 months.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec36198085b4a3361002d2db9a792adf\" tg-width=\"960\" tg-height=\"556\" width=\"100%\" height=\"auto\"/><span>The S&amp;P 500 bottom-up target price. vs. closing price over the past 12 months.</span></p><p>J.P. Morgan strategist Marko Kolanovic indicated in a note to clients Friday that U.S. equities may climb as much as 7% next week as investors rebalance portfolios amid the end of the month, second quarter, and first half of the year.</p><p>“Next week’s rebalance is important since equity markets were down significantly over the past month, quarter and six-month time period,” Kolanovic said. &#34;On top of that, the market is in an oversold condition, cash balances are at record levels, and recent market shorting activity reached levels not seen since 2008.&#34;</p><p>On the economic calendar, personal consumption expenditures (PCE) data will be closely watched by traders this week. The Bureau of Economic Analysis will release its monthly PCE deflator on Thursday, giving investors the latest view on inflation across the U.S. economy as the Federal Reserve moves up its key benchmark interest rate to tame price increases.</p><p>Economists surveyed by Bloomberg expect PCE to rise 0.7% in May compared to 0.2% the prior month. On a year-over-year basis, the PCE deflator is expected to accelerate 6.4%, up from a climb of 6.3% in April.</p><p>The core PCE index, which strips out the cost of food and energy, is expected to hold steady from the prior month’s print. Economists are looking for a 5.1% increase in core PCE in May, compared to April’s 5.1% rise.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a3c816f919804bca939b29921c02462\" tg-width=\"960\" tg-height=\"644\" width=\"100%\" height=\"auto\"/><span>U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. REUTERS/Mary F. Calvert</span></p><p>The latest PCE data will come as the U.S. central bank’s fight against inflation looks increasingly more complex, with a growing number of economists and strategists on Wall Street suggesting that the Fed will not be able to rein in prices without tipping the economy into a recession.</p><p>“I do worry that the probability of a soft landing, which means you bring down inflation without unduly hurting growth and employment, has declined significantly because of a series of Federal Reserve mistakes,” economist Mohamed El-Erian told Yahoo Finance Live last week.</p><p>Elsewhere on the economic calendar, investors will keep a close eye on durable goods figures on Monday, the Conference Board’s consumer confidence reading out Tuesday, and several reports on manufacturing and housing throughout the week. Investors will also get a third and final read on first quarter GDP.</p><p>On the earnings side, reports from Nike (NKE), Bed Bath &amp; Beyond (BBBY), Jefferies (JEF), and Micron Technology (MU) will feature.</p><p>—</p><p><b>Economic calendar</b></p><p><b>Monday:</b><b><i>Durable Goods Orders</i></b>, May preliminary (0.2% expected, 0.5% during prior month); <b><i>Durables Excluding Transportation</i></b>, May preliminary (0.3% expected, 0.4% during prior month); <b><i>Pending Home Sales</i></b>, month-over-month, May (-3.9% expected, -3.9% during prior month);<b><i>Pending Home Sales NSA</i></b>, year-over-year, April (-11.5% during prior month); <b><i>Dallas Fed Manufacturing Activity</i></b>, June (-6.5 expected, -7.3 during prior month)</p><p><b>Tuesday:</b><b><i>Advance Goods Trade Balance</i></b>, May (-$105.4 billion expected, -$105.9 billion during prior month, revised to -$106.7 billion); <b><i>Wholesale Inventories</i></b>, month-over-month, May preliminary (2.2% expected, 2.2% during previous month); <b><i>Retail Inventories</i></b>, month-over-month, May (1.6 expected, 0.7% during prior month); <b><i>FHFA Housing Pricing Index</i></b>, April (1.6% expected, 1.5% during prior month); <b><i>S&amp;P CoreLogic Case-Shiller 20-City Composite</i></b>, month-over-month, April (1.85% expected, 2.42% during prior month); <b><i>S&amp;P CoreLogic Case-Shiller 20-City Composite</i></b>, year-over-year, April (21.20% expected, 21.17% during prior month); <b><i>S&amp;P CoreLogic Case-Shiller U.S. National Home Price Index</i></b>, year-over-year, April (20.55% during prior month); <b><i>Conference Board Consumer Confidence</i></b>, June (100 expected, 106.4 during prior month); <b><i>Richmond Fed Manufacturing Index</i></b>, June (-5 expected, -9 during prior month)</p><p><b>Wednesday:</b><b><i>MBA Mortgage Applications</i></b>, week ended June 24 (-4.2% during prior week); <b><i>GDP Annualized</i></b>, quarter-over-quarter, 1Q third (-1.5% expected, -1.5% prior); <b><i>Personal Consumption</i></b>, quarter-over-quarter, 1Q third (3.1% expected, 3.1% prior); <b><i>GDP Price Index</i></b>, quarter-over-quarter, 1Q third (8.1% expected, 8.1% prior); <b><i>Core PCE</i></b>, quarter-over-quarter, 1Q second (5.1% expected, 5.1% prior)</p><p><b>Thursday:</b><b><i>Personal Income</i></b>, month-over-month, May (0.5% expected, 0.4% during prior month); <b><i>Personal Spending</i></b>, month-over-month, May (0.4% expected, 0.9% during prior month); <b><i>Real Personal Spending</i></b>, month-over-month, May (-0.2% expected, 0.7% during prior month);<b><i>Initial Jobless Claims</i></b>, week ended June 25 (230,000 expected, 229,000 during prior week); <b><i>Continuing Claims</i></b>, week ended June 18 (1.310 million expected, 1.315 million during prior week);<b><i>PCE Deflator</i></b>, month-over-month, May (0.7% expected, 0.2% during prior month); <b><i>PCE Deflator</i></b>, year-over-year, May (6.4% expected, 6.3% during prior month); <b><i>PCE Core Deflator</i></b>, month-over-month, May (0.4% expected, 0.3% during prior month); <b><i>PCE Core Deflator</i></b>, year-over-year, May (4.8% expected, 4.9% during prior month); <b><i>MNI Chicago PMI</i></b>, June (58 expected, 60.3 during prior month)</p><p><b>Friday:</b><b><i>S&amp;P Global U.S. Manufacturing PMI</i></b>, June final (52.4 expected, 52.4 prior); <b><i>Construction Spending</i></b>, month-over-month, May (0.4% expected, 0.2% during prior month); <b><i>ISM Manufacturing</i></b>, June (54.7 expected, 56.1 during prior month); <b><i>ISM Prices Paid</i></b>, June (80.0 expected, 82.2 during prior month), ISM New Orders, June (55.1 during prior month); <b><i>ISM Employment,</i></b>June (49.6 during prior month); <b><i>Wards Total Vehicle Sales</i></b>, June (13.40 million, 12.68 during prior month)</p><p>—</p><p><b>Earnings calendar</b></p><p><b>Monday</b></p><p>Before market open:<i>No notable reports scheduled for release.</i></p><p>After market close:<b>Nike</b>(NKE), <b>Jefferies Financial Group</b>(JEF), <b>Trip.com Group</b>(TCOM)</p><p><b>Tuesday</b></p><p>Before market open:<i>No notable reports scheduled for release.</i></p><p>After market close: <b>AeroVironment</b>(AVAV)</p><p><b>Wednesday</b></p><p>Before market open: <b>Barnes &amp; Noble Education</b>(BNED), <b>Bed Bath &amp; Beyond</b>(BBBY), <b>General Mills</b>(GIS), <b>McCormick &amp; Co.</b>(MKC), <b>Paychex</b>(PAYX)</p><p>After market close: <b>MillerKnoll</b>(MLKN)</p><p><b>Thursday</b></p><p>Before market open: <b>Constellation Brands</b>(STZ)</p><p>After market close: <b>Micron Technology</b>(MU), <b>Walgreens Boots Alliance</b>(WBA)</p><p><b>Friday</b></p><p><i>No notable reports scheduled for release.</i></p></body></html>","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>Stocks Pace Towards Worst Start since 1970: What to Know This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nStocks Pace Towards Worst Start since 1970: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-27 06:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-to-know-this-week-in-markets-june-27-184417186.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.Several key economic reports, including core PCE inflation – the Federal ...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-to-know-this-week-in-markets-june-27-184417186.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居","WBA":"沃尔格林联合博姿",".IXIC":"NASDAQ Composite","MU":"美光科技",".SPX":"S&P 500 Index","NKE":"耐克",".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/what-to-know-this-week-in-markets-june-27-184417186.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184080362","content_text":"The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.Several key economic reports, including core PCE inflation – the Federal Reserve's preferred measure of consumer prices – are on tap, along with earnings from Nike (NKE), Jefferies (JEF), Micron Technology (MU), and Bed Bath & Beyond (BBBY).The S&P 500 rose by more than 3% on Friday and gained over 6% for the week, its second-best week this year and its first weekly rise since late May.The benchmark index still remains on pace for one its worst opening six months since 1970. Only five times since 1932 has the S&P 500 lost 15% or more in the first six months of a year; through Friday's close, the benchmark index was down just under 18%.“As bad as [this year] has been for investors, the good news is previous years that were down at least 15% at the midway point to the year saw the final six months higher every single time, with an average return of nearly 24%,” LPL Financial chief market strategist Ryan Detrick noted earlier this week.And indeed, investors remain generally optimistic that a rebound is ahead despite this year’s downturn.Although analysts have lowered their price targets on S&P 500 companies in recent months — bringing the consensus bottom-up target price for the index below 5,000 for the first time since August 2021 — the estimate of 4,987.28 as of June 23 remains 31.4% above the closing price of the same day’s closing price of 3,795.73,according to data from FactSet.This suggests analysts expect the index to rise by more than 30% in the next 12 months.The S&P 500 bottom-up target price. vs. closing price over the past 12 months.J.P. Morgan strategist Marko Kolanovic indicated in a note to clients Friday that U.S. equities may climb as much as 7% next week as investors rebalance portfolios amid the end of the month, second quarter, and first half of the year.“Next week’s rebalance is important since equity markets were down significantly over the past month, quarter and six-month time period,” Kolanovic said. \"On top of that, the market is in an oversold condition, cash balances are at record levels, and recent market shorting activity reached levels not seen since 2008.\"On the economic calendar, personal consumption expenditures (PCE) data will be closely watched by traders this week. The Bureau of Economic Analysis will release its monthly PCE deflator on Thursday, giving investors the latest view on inflation across the U.S. economy as the Federal Reserve moves up its key benchmark interest rate to tame price increases.Economists surveyed by Bloomberg expect PCE to rise 0.7% in May compared to 0.2% the prior month. On a year-over-year basis, the PCE deflator is expected to accelerate 6.4%, up from a climb of 6.3% in April.The core PCE index, which strips out the cost of food and energy, is expected to hold steady from the prior month’s print. Economists are looking for a 5.1% increase in core PCE in May, compared to April’s 5.1% rise.U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. REUTERS/Mary F. CalvertThe latest PCE data will come as the U.S. central bank’s fight against inflation looks increasingly more complex, with a growing number of economists and strategists on Wall Street suggesting that the Fed will not be able to rein in prices without tipping the economy into a recession.“I do worry that the probability of a soft landing, which means you bring down inflation without unduly hurting growth and employment, has declined significantly because of a series of Federal Reserve mistakes,” economist Mohamed El-Erian told Yahoo Finance Live last week.Elsewhere on the economic calendar, investors will keep a close eye on durable goods figures on Monday, the Conference Board’s consumer confidence reading out Tuesday, and several reports on manufacturing and housing throughout the week. Investors will also get a third and final read on first quarter GDP.On the earnings side, reports from Nike (NKE), Bed Bath & Beyond (BBBY), Jefferies (JEF), and Micron Technology (MU) will feature.—Economic calendarMonday:Durable Goods Orders, May preliminary (0.2% expected, 0.5% during prior month); Durables Excluding Transportation, May preliminary (0.3% expected, 0.4% during prior month); Pending Home Sales, month-over-month, May (-3.9% expected, -3.9% during prior month);Pending Home Sales NSA, year-over-year, April (-11.5% during prior month); Dallas Fed Manufacturing Activity, June (-6.5 expected, -7.3 during prior month)Tuesday:Advance Goods Trade Balance, May (-$105.4 billion expected, -$105.9 billion during prior month, revised to -$106.7 billion); Wholesale Inventories, month-over-month, May preliminary (2.2% expected, 2.2% during previous month); Retail Inventories, month-over-month, May (1.6 expected, 0.7% during prior month); FHFA Housing Pricing Index, April (1.6% expected, 1.5% during prior month); S&P CoreLogic Case-Shiller 20-City Composite, month-over-month, April (1.85% expected, 2.42% during prior month); S&P CoreLogic Case-Shiller 20-City Composite, year-over-year, April (21.20% expected, 21.17% during prior month); S&P CoreLogic Case-Shiller U.S. National Home Price Index, year-over-year, April (20.55% during prior month); Conference Board Consumer Confidence, June (100 expected, 106.4 during prior month); Richmond Fed Manufacturing Index, June (-5 expected, -9 during prior month)Wednesday:MBA Mortgage Applications, week ended June 24 (-4.2% during prior week); GDP Annualized, quarter-over-quarter, 1Q third (-1.5% expected, -1.5% prior); Personal Consumption, quarter-over-quarter, 1Q third (3.1% expected, 3.1% prior); GDP Price Index, quarter-over-quarter, 1Q third (8.1% expected, 8.1% prior); Core PCE, quarter-over-quarter, 1Q second (5.1% expected, 5.1% prior)Thursday:Personal Income, month-over-month, May (0.5% expected, 0.4% during prior month); Personal Spending, month-over-month, May (0.4% expected, 0.9% during prior month); Real Personal Spending, month-over-month, May (-0.2% expected, 0.7% during prior month);Initial Jobless Claims, week ended June 25 (230,000 expected, 229,000 during prior week); Continuing Claims, week ended June 18 (1.310 million expected, 1.315 million during prior week);PCE Deflator, month-over-month, May (0.7% expected, 0.2% during prior month); PCE Deflator, year-over-year, May (6.4% expected, 6.3% during prior month); PCE Core Deflator, month-over-month, May (0.4% expected, 0.3% during prior month); PCE Core Deflator, year-over-year, May (4.8% expected, 4.9% during prior month); MNI Chicago PMI, June (58 expected, 60.3 during prior month)Friday:S&P Global U.S. Manufacturing PMI, June final (52.4 expected, 52.4 prior); Construction Spending, month-over-month, May (0.4% expected, 0.2% during prior month); ISM Manufacturing, June (54.7 expected, 56.1 during prior month); ISM Prices Paid, June (80.0 expected, 82.2 during prior month), ISM New Orders, June (55.1 during prior month); ISM Employment,June (49.6 during prior month); Wards Total Vehicle Sales, June (13.40 million, 12.68 during prior month)—Earnings calendarMondayBefore market open:No notable reports scheduled for release.After market close:Nike(NKE), Jefferies Financial Group(JEF), Trip.com Group(TCOM)TuesdayBefore market open:No notable reports scheduled for release.After market close: AeroVironment(AVAV)WednesdayBefore market open: Barnes & Noble Education(BNED), Bed Bath & Beyond(BBBY), General Mills(GIS), McCormick & Co.(MKC), Paychex(PAYX)After market close: MillerKnoll(MLKN)ThursdayBefore market open: Constellation Brands(STZ)After market close: Micron Technology(MU), Walgreens Boots Alliance(WBA)FridayNo notable reports scheduled for release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000562","authorId":"9000000000000562","name":"HilaryWilde","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0},"content":"Don't be too optimistic. Interest rate hikes have just begun.","text":"Don't be too optimistic. Interest rate hikes have just begun.","html":"Don't be too optimistic. Interest rate hikes have just begun."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9092432345,"gmtCreate":1644710887308,"gmtModify":1676533954113,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"As an investor in Didi, I'm wondering when will my investment make a return. The stock has been absolutely hammered. Longer term, ride sharing is also a small 5% margin business. And with interest rates rising...","listText":"As an investor in Didi, I'm wondering when will my investment make a return. The stock has been absolutely hammered. Longer term, ride sharing is also a small 5% margin business. And with interest rates rising...","text":"As an investor in Didi, I'm wondering when will my investment make a return. The stock has been absolutely hammered. Longer term, ride sharing is also a small 5% margin business. And with interest rates rising...","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092432345","repostId":"1142512500","repostType":4,"repost":{"id":"1142512500","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":1644590123,"share":"https://www.laohu8.com/m/news/1142512500?lang=&edition=full","pubTime":"2022-02-11 22:35","market":"us","language":"en","title":"DiDi Fell 5% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1142512500","media":"Tiger Newspress","summary":"Didi fell 5% in morning trading as Tencent says hasn’t bought more DiDi shares since its U.S. IPO.Te","content":"<html><head></head><body><p>Didi fell 5% in morning trading as Tencent says hasn’t bought more DiDi shares since its U.S. IPO.<img src=\"https://static.tigerbbs.com/27049b3da7d0b864842f1d0920ff2885\" tg-width=\"1104\" tg-height=\"750\" referrerpolicy=\"no-referrer\"/>Tencent Holdings Ltd. said it hasn’t bought shares in Didi Global Inc. since it went public, after a U.S. regulatory filing showing an increased stake sent shares of the Chinese ride-hailing company soaring almost 9%.</p><p>Tencent said in a filing Thursday it had added about 1.8 million Didi Class A ordinary shares to its last-known holdings. The social media giant subscribed to the additional stock during Didi’s initial public offering, which was not previously disclosed, a Tencent spokeswoman said Friday in an email. Tencent, which operates the WeChat messaging platform, had not acquired more stock in Didi since its debut, the spokesperson added.</p><p>Tencent’s ownership of Didi’s Class A shares stood at 7.4% as of Dec. 31, up from the 6.4% that had been disclosed ahead of its June initial public offering.</p></body></html>","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>DiDi Fell 5% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDiDi Fell 5% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-11 22:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Didi fell 5% in morning trading as Tencent says hasn’t bought more DiDi shares since its U.S. IPO.<img src=\"https://static.tigerbbs.com/27049b3da7d0b864842f1d0920ff2885\" tg-width=\"1104\" tg-height=\"750\" referrerpolicy=\"no-referrer\"/>Tencent Holdings Ltd. said it hasn’t bought shares in Didi Global Inc. since it went public, after a U.S. regulatory filing showing an increased stake sent shares of the Chinese ride-hailing company soaring almost 9%.</p><p>Tencent said in a filing Thursday it had added about 1.8 million Didi Class A ordinary shares to its last-known holdings. The social media giant subscribed to the additional stock during Didi’s initial public offering, which was not previously disclosed, a Tencent spokeswoman said Friday in an email. Tencent, which operates the WeChat messaging platform, had not acquired more stock in Didi since its debut, the spokesperson added.</p><p>Tencent’s ownership of Didi’s Class A shares stood at 7.4% as of Dec. 31, up from the 6.4% that had been disclosed ahead of its June initial public offering.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","DIDI":"滴滴(已退市)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142512500","content_text":"Didi fell 5% in morning trading as Tencent says hasn’t bought more DiDi shares since its U.S. IPO.Tencent Holdings Ltd. said it hasn’t bought shares in Didi Global Inc. since it went public, after a U.S. regulatory filing showing an increased stake sent shares of the Chinese ride-hailing company soaring almost 9%.Tencent said in a filing Thursday it had added about 1.8 million Didi Class A ordinary shares to its last-known holdings. The social media giant subscribed to the additional stock during Didi’s initial public offering, which was not previously disclosed, a Tencent spokeswoman said Friday in an email. Tencent, which operates the WeChat messaging platform, had not acquired more stock in Didi since its debut, the spokesperson added.Tencent’s ownership of Didi’s Class A shares stood at 7.4% as of Dec. 31, up from the 6.4% that had been disclosed ahead of its June initial public offering.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000513","authorId":"9000000000000513","name":"LeilaLynch","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0},"content":"Where are the old timers? Those who were here when we all bought it at $8-10 habe I been left? 😁","text":"Where are the old timers? Those who were here when we all bought it at $8-10 habe I been left? 😁","html":"Where are the old timers? Those who were here when we all bought it at $8-10 habe I been left? 😁"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279326906790176,"gmtCreate":1709216512213,"gmtModify":1709216516603,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Is this a joke?! Has you seen the EPS of AMD vs Nvidia?! Totally no comparison&nbsp;","listText":"Is this a joke?! Has you seen the EPS of AMD vs Nvidia?! Totally no comparison&nbsp;","text":"Is this a joke?! Has you seen the EPS of AMD vs Nvidia?! Totally no comparison","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279326906790176","repostId":"1168293596","repostType":2,"repost":{"id":"1168293596","pubTimestamp":1709215200,"share":"https://www.laohu8.com/m/news/1168293596?lang=&edition=full","pubTime":"2024-02-29 22:00","market":"us","language":"en","title":"AMD Could Soon Have Its \"Nvidia Moment\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1168293596","media":"Seeking Alpha","summary":"SummaryNvidia Corporation's strong outlook for FQ1 2025 indicates accelerating adoption of AI chips.Advanced Micro Devices, Inc. is investing in its AI capabilities and announced the launch of dedicat","content":"<html><head></head><body><h2 id=\"id_2905341601\" style=\"text-align: left;\">Summary</h2><ul style=\"\"><li><p>Nvidia Corporation&#39;s strong outlook for FQ1 2025 indicates accelerating adoption of AI chips.</p></li><li><p>Advanced Micro Devices, Inc. is investing in its AI capabilities and announced the launch of dedicated AI chips to train language models.</p></li><li><p>Nvidia has a revenue concentration advantage in the AI market, but AMD is catching up.</p></li><li><p>I am upgrading AMD following Nvidia&#39;s very impressive earnings for FQ4 2024, but believe AMD shares are about fairly valued now.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b259c77aa5e04cab271ddd0c7d7fdb9\" alt=\"Vertigo3d\" title=\"Vertigo3d\" tg-width=\"750\" tg-height=\"422\"/><span>Vertigo3d</span></p><p><strong>Advanced Micro Devices, Inc.</strong> (NASDAQ:AMD) has seen a sharp share price upward revaluation over the last year as Data Center growth trends played out that I unfortunately underestimated in 2023. AMD is seeing considerable top line revenue momentum in its Data Center segment and reported two consecutive quarters of revenue growth acceleration in Q3 &#39;23 and Q4 &#39;24. With major artificial intelligence (&#34;AI&#34;) themes playing out in the market right now and with AMD&#39;s revenue share in Data Center growing rapidly, I have decided to upgrade shares of AMD to hold. Nvidia Corporation&#39;s (NVDA) earnings release and blowout guidance for FQ1 &#39;25 was a major catalyst for my rating change here as well!</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f7ee6859cf14b526d80bace2d07d2e73\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"439\"/><span>Data by YCharts</span></p><h2 id=\"id_3330928538\">Previous rating</h2><p>I rated AMD shares a sell in May 2023 due to what I believed was a stretched valuation and excessive enthusiasm about AMD’s strength in the server processor market (a.k.a. as its Data Center operations) at the time (shares are up 41% since). However, given Nvidia&#39;s recent blowout earnings report, which I discussed in my work recent &#34;Nvidia: Lessons Learned From My Worst Call Ever,&#34; I believe AMD is set to see its third quarter of revenue acceleration in Q1 &#39;24. While the earnings date is still some time away, AMD is likely seeing the same tipping point in AI adoption as Nvidia.</p><h2 id=\"id_262027464\">The big game is now AI</h2><p>While I have previously been more focused on AMD’s potential in the GPU market -- in part due to a massive GPU shortage that in FY 2022 supported pricing gains for graphics processing units used by gamers, cryptocurrency miners, professionals and content creators -- the big game is now clearly being played in the artificial intelligence market.</p><p>Based on projections made by Precedence Research, a data analytics and research firm, the market for artificial intelligence products is set to see, driven by the mainstreaming of AI applications, strong secular growth tailwinds that are expected to last into the next decade. The size of the artificial intelligence market is expected to hit $2.6T in FY 2032, which implies a 5.7X factor increase relative to the FY 2022 base year. The implicit growth projection calculates to a compound annual growth rate of approximately 20%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4e23fdcf6f690cac942dd5740ff5a20\" alt=\"Precedence Research\" title=\"Precedence Research\" tg-width=\"640\" tg-height=\"379\"/><span>Precedence Research</span></p><p>Since AMD is investing aggressively into its AI capabilities and is launching its own dedicated chips that are specifically suited for artificial intelligence applications, I believe I previously underestimated AMD’s AI potential. The investments, from a product perspective, chiefly relate to AI-dedicated GPUs that have the potential to train AI models used by large companies. Last December, AMD announced the launch of the AMD Instinct MI300X GPU which has been developed specifically to support large-language model training. Companies like Meta Platforms, Microsoft and Oracle have announced that they will use MI300X GPUs for their cloud services.</p><p>Over the last five years both AMD and Nvidia have ramped up their capital expenditures significantly. Since AMD and Nvidia made it a priority to improve the line-ups of their high-performance AI chips, I expect this trend to continue in FY 2024.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b670f815866d88f0dff9f7f8579cb2b6\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"439\"/><span>Data by YCharts</span></p><h2 id=\"id_473583018\">Nvidia has a more concentrated Data Center-related revenue stream, but AMD is catching up</h2><p>AMD grew its Data Center revenues 38% year-over-year in Q4 2023 (the quarter ending December) while Nvidia’s core segment revenues increased 409% from the year-earlier period (Nvidia&#39;s quarter ended January 28, 2024). This growth differential matters greatly because Nvidia’s Data Center operations are much bigger than AMD’s, as measured by their corresponding revenue shares.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/90030ce01fc2b716cac588c21b24fb0c\" alt=\"AMD\" title=\"AMD\" tg-width=\"640\" tg-height=\"346\"/><span>AMD</span></p><p>Nvidia&#39;s significantly stronger top line growth is a key advantage the firm has over AMD, and it relates to Nvidia having a revenue mix that is optimized for the AI/Data Center revolution. Nvidia’s Data Center-related revenues are 3.6X larger than AMD&#39;s and the revenue share is 2.2X larger: Nvidia&#39;s total consolidated revenues consisted to 83% of Data Center-related revenues while AMD&#39;s Data Center business (as reported) represented a relatively small 37% top line share.</p><p>This means that for every dollar in revenue generated AMD&#39;s Data Center segment contributes 37 cents compared to a revenue contribution of 83 cents for Nvidia. Since the new growth frontier for these chip maker seems to be in artificial intelligence, I believe that Nvidia is set to benefit more profoundly from AI-driven growth in the market.</p><p>However, AMD is catching up. AMD announced the launch of its own dedicated AI graphics processing unit, the Instinct MI300X data center chip, in December which supports the training of AI models. This AI GPU product roll-out could gain serious momentum for AMD in FY 2024 as demand for these products is growing rapidly. While Nvidia has seen two consecutive quarters of revenue deceleration, AMD&#39;s top line has seen accelerating growth in the last two quarters. In fact, AMD&#39;s Q4&#39;23 Data Center revenue growth rate Q/Q surpassed Nvidia&#39;s segment growth by 16 PP. AMD&#39;s Data Center revenue share also increased from 25% in Q2&#39;23 to 37% in Q4&#39;23, so AMD is seeing a trend of growing AI-related revenue importance while the new product launches could add to the developing momentum in Q1&#39;24.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/241222f18cb689361a6f75af8a4caa28\" alt=\"Source: Author\" title=\"Source: Author\" tg-width=\"820\" tg-height=\"899\"/><span>Source: Author</span></p><p>Nvidia already got a head start in the AI market by launching the H100 chip in 2022. This chip has been specifically designed for supporting artificial intelligence applications in the Data Center market. AMD has been lagging behind Nvidia in the AI GPU market, but the company in December announced the introduction of the Instinct MI300X accelerator and the Instinct M1300A accelerated processing unit.</p><p style=\"text-align: left;\">Intel (INTC) announced the Gaudi3 chip for generative AI software in December, to be launched in FY 2024. While AMD and Intel are getting ready to launch their first AI GPUs, Nvidia is already moving towards the next-gen H200 which is expected to be available in Q2&#39;24. Given Nvidia&#39;s early launch of the H100, the company owns the majority of the Data Center GPU market.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edaad35f217ea7cbb5d664b3cd5b39fd\" alt=\"IoT Analytics\" title=\"IoT Analytics\" tg-width=\"640\" tg-height=\"640\"/><span>IoT Analytics</span></p><h2 id=\"id_135395277\" style=\"text-align: left;\">Expectations for AMD in FY 2024</h2><p style=\"text-align: left;\">Nvidia&#39;s outlook for FQ1 &#39;25 has strong implications for AMD -- Nvidia called for $24B in revenues, implying a Y/Y growth rate of 334% -- which is that AI product and chip adoption is accelerating in the market as artificial intelligence applications are mainstreamed. With companies investing serious money into building their own AI-supported large language models ((LLMs)), AMD is set for stronger revenue tailwinds that I initially expected.</p><p style=\"text-align: left;\">Given these trends I expect for AMD a continual expansion of the Data-Center revenue share in FY 2024. Given that AMD&#39;s Data Center-related revenue share is relatively small at 37% (relative to Nvidia), AMD may be able to grow its segment revenue share much faster than Nvidia this year as well.</p><p style=\"text-align: left;\">AMD is making moves to catch up to Nvidia as well which could lead to further sentiment improvements and EPS estimate upside revisions. The company recently announced the launch of the Instinct MI300X accelerator and the Instinct M1300A accelerated processing unit which are used to train LLMs. The MI300X chip is set to compete against Nvidia’s H100 chip, the firm&#39;s high-end AI GPU. As these products roll out and AMD sees accelerating shipments, the company&#39;s Data Center growth could surprise to the upside in FY 2024.</p><h2 id=\"id_1148213393\" style=\"text-align: left;\">Nvidia actually has a valuation advantage relative to AMD... but AMD is facing its own &#39;Nvidia moment&#39;</h2><p style=\"text-align: left;\">Nvidia not only has a growth and Data Center concentration advantage relative to AMD, but Nvidia&#39;s shares are also cheaper. Nvidia is trading at a P/E ratio of 27X compared to AMD&#39;s 32X P/E ratio. Estimates for Nvidia have also rapidly reset to the upside in the last couple of months which reflects the market&#39;s confidence that Nvidia&#39;s growth can be sustained.</p><p style=\"text-align: left;\">Interestingly, both AMD and Nvidia have traded at about 30X P/E in the last three years, on average. With shares of AMD -- despite slower projected revenue growth -- being more expensive than Nvidia (and trading above the 3-year average P/E ratio), I believe AMD is currently slightly overvalued at a price of $176. Based off of a &#34;fair value&#34; P/E ratio range of 30-31X (the 3-year average), shares of AMD could have a fair value of $164-169.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47537bfc56c7db5dc25c21d7df228b79\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"525\"/><span>Data by YCharts</span></p><p style=\"text-align: left;\">AMD had FY 2023 free cash flow of $1.12B and a FCF margin of 5%. Given that AMD is seeing the rollout of its AI GPU this year, I expect strong upside in the FCF margin. Calculating with a FCF margin of 5% (to remain conservative) and a consensus FY 2024 top line estimate of $25.8B results in a P/FCF ratio of 220X. A 10% FCF margin (which would still be below the FY 2023 FCF margin level of 13%) implies a forward P/FCF ratio of 110X.</p><p style=\"text-align: left;\">AMD, since it is not yet benefiting from the sale of expensive, high-performance AI chips, is much more expensive than Nvidia. AMD&#39;s main rival had $26.9B in free cash flow in FY 2024 which calculates to a 44% free cash flow margin. Assuming a stable FCF margin for the current fiscal year and using a $109.7B revenue consensus estimate, Nvidia is valued at 40X projected FCF.</p><p style=\"text-align: left;\">Nvidia currently has the higher free cash flow value, but AMD should see a significant expansion in its FCF margin as it scales its AI GPU and could therefore also soon have its own &#34;Nvidia moment&#34; of explosive free cash flow growth.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0aab5caa5319d9087a9e782cc28c07bb\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"439\"/><span>Data by YCharts</span></p><h2 id=\"id_2231835026\" style=\"text-align: left;\">Risks with AMD</h2><p style=\"text-align: left;\">AMD is set to benefit from these powerful AI trends and the company has seen two consecutive quarters of revenue acceleration already. Nvidia&#39;s earnings report and outlook for FQ1&#39;25 strongly implies that this revenue momentum, for both AMD and Nvidia, is here to stay. What would change my mind about AMD is if the company failed to translate top line growth, especially in its core Data Center business, into real earnings growth. A falling share of Data Center revenues would also be a concern to me.</p><h2 id=\"id_3157126905\" style=\"text-align: left;\">Final considerations</h2><p style=\"text-align: left;\">Nvidia’s recent blowout earnings release and strong outlook for AI-specific Data Center growth implies that Advanced Micro Devices, Inc. is seeing the same tailwinds in its Data Center business. Nvidia got a head-start in the business by making an early and aggressive bet on the AI market, and its Nvidia AI platform for enterprise customers is seeing accelerating corporate adoption. AMD, however, makes good moves here as well and recently caught up to Nvidia in terms of Data Center revenue growth. This implies that AMD could soon face its own Nvidia moment: the launch of an AI GPU that catalyzes an immense free cash flow upswing. Following Nvidia&#39;s blowout report and improving outlook for AI-related Data Center growth, I am therefore also upgrading my stock rating on AMD to hold!</p></body></html>","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>AMD Could Soon Have Its \"Nvidia Moment\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMD Could Soon Have Its \"Nvidia Moment\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-29 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4674334-amd-could-soon-have-its-nvidia-moment-rating-upgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia Corporation's strong outlook for FQ1 2025 indicates accelerating adoption of AI chips.Advanced Micro Devices, Inc. is investing in its AI capabilities and announced the launch of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4674334-amd-could-soon-have-its-nvidia-moment-rating-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4674334-amd-could-soon-have-its-nvidia-moment-rating-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1168293596","content_text":"SummaryNvidia Corporation's strong outlook for FQ1 2025 indicates accelerating adoption of AI chips.Advanced Micro Devices, Inc. is investing in its AI capabilities and announced the launch of dedicated AI chips to train language models.Nvidia has a revenue concentration advantage in the AI market, but AMD is catching up.I am upgrading AMD following Nvidia's very impressive earnings for FQ4 2024, but believe AMD shares are about fairly valued now.Vertigo3dAdvanced Micro Devices, Inc. (NASDAQ:AMD) has seen a sharp share price upward revaluation over the last year as Data Center growth trends played out that I unfortunately underestimated in 2023. AMD is seeing considerable top line revenue momentum in its Data Center segment and reported two consecutive quarters of revenue growth acceleration in Q3 '23 and Q4 '24. With major artificial intelligence (\"AI\") themes playing out in the market right now and with AMD's revenue share in Data Center growing rapidly, I have decided to upgrade shares of AMD to hold. Nvidia Corporation's (NVDA) earnings release and blowout guidance for FQ1 '25 was a major catalyst for my rating change here as well!Data by YChartsPrevious ratingI rated AMD shares a sell in May 2023 due to what I believed was a stretched valuation and excessive enthusiasm about AMD’s strength in the server processor market (a.k.a. as its Data Center operations) at the time (shares are up 41% since). However, given Nvidia's recent blowout earnings report, which I discussed in my work recent \"Nvidia: Lessons Learned From My Worst Call Ever,\" I believe AMD is set to see its third quarter of revenue acceleration in Q1 '24. While the earnings date is still some time away, AMD is likely seeing the same tipping point in AI adoption as Nvidia.The big game is now AIWhile I have previously been more focused on AMD’s potential in the GPU market -- in part due to a massive GPU shortage that in FY 2022 supported pricing gains for graphics processing units used by gamers, cryptocurrency miners, professionals and content creators -- the big game is now clearly being played in the artificial intelligence market.Based on projections made by Precedence Research, a data analytics and research firm, the market for artificial intelligence products is set to see, driven by the mainstreaming of AI applications, strong secular growth tailwinds that are expected to last into the next decade. The size of the artificial intelligence market is expected to hit $2.6T in FY 2032, which implies a 5.7X factor increase relative to the FY 2022 base year. The implicit growth projection calculates to a compound annual growth rate of approximately 20%.Precedence ResearchSince AMD is investing aggressively into its AI capabilities and is launching its own dedicated chips that are specifically suited for artificial intelligence applications, I believe I previously underestimated AMD’s AI potential. The investments, from a product perspective, chiefly relate to AI-dedicated GPUs that have the potential to train AI models used by large companies. Last December, AMD announced the launch of the AMD Instinct MI300X GPU which has been developed specifically to support large-language model training. Companies like Meta Platforms, Microsoft and Oracle have announced that they will use MI300X GPUs for their cloud services.Over the last five years both AMD and Nvidia have ramped up their capital expenditures significantly. Since AMD and Nvidia made it a priority to improve the line-ups of their high-performance AI chips, I expect this trend to continue in FY 2024.Data by YChartsNvidia has a more concentrated Data Center-related revenue stream, but AMD is catching upAMD grew its Data Center revenues 38% year-over-year in Q4 2023 (the quarter ending December) while Nvidia’s core segment revenues increased 409% from the year-earlier period (Nvidia's quarter ended January 28, 2024). This growth differential matters greatly because Nvidia’s Data Center operations are much bigger than AMD’s, as measured by their corresponding revenue shares.AMDNvidia's significantly stronger top line growth is a key advantage the firm has over AMD, and it relates to Nvidia having a revenue mix that is optimized for the AI/Data Center revolution. Nvidia’s Data Center-related revenues are 3.6X larger than AMD's and the revenue share is 2.2X larger: Nvidia's total consolidated revenues consisted to 83% of Data Center-related revenues while AMD's Data Center business (as reported) represented a relatively small 37% top line share.This means that for every dollar in revenue generated AMD's Data Center segment contributes 37 cents compared to a revenue contribution of 83 cents for Nvidia. Since the new growth frontier for these chip maker seems to be in artificial intelligence, I believe that Nvidia is set to benefit more profoundly from AI-driven growth in the market.However, AMD is catching up. AMD announced the launch of its own dedicated AI graphics processing unit, the Instinct MI300X data center chip, in December which supports the training of AI models. This AI GPU product roll-out could gain serious momentum for AMD in FY 2024 as demand for these products is growing rapidly. While Nvidia has seen two consecutive quarters of revenue deceleration, AMD's top line has seen accelerating growth in the last two quarters. In fact, AMD's Q4'23 Data Center revenue growth rate Q/Q surpassed Nvidia's segment growth by 16 PP. AMD's Data Center revenue share also increased from 25% in Q2'23 to 37% in Q4'23, so AMD is seeing a trend of growing AI-related revenue importance while the new product launches could add to the developing momentum in Q1'24.Source: AuthorNvidia already got a head start in the AI market by launching the H100 chip in 2022. This chip has been specifically designed for supporting artificial intelligence applications in the Data Center market. AMD has been lagging behind Nvidia in the AI GPU market, but the company in December announced the introduction of the Instinct MI300X accelerator and the Instinct M1300A accelerated processing unit.Intel (INTC) announced the Gaudi3 chip for generative AI software in December, to be launched in FY 2024. While AMD and Intel are getting ready to launch their first AI GPUs, Nvidia is already moving towards the next-gen H200 which is expected to be available in Q2'24. Given Nvidia's early launch of the H100, the company owns the majority of the Data Center GPU market.IoT AnalyticsExpectations for AMD in FY 2024Nvidia's outlook for FQ1 '25 has strong implications for AMD -- Nvidia called for $24B in revenues, implying a Y/Y growth rate of 334% -- which is that AI product and chip adoption is accelerating in the market as artificial intelligence applications are mainstreamed. With companies investing serious money into building their own AI-supported large language models ((LLMs)), AMD is set for stronger revenue tailwinds that I initially expected.Given these trends I expect for AMD a continual expansion of the Data-Center revenue share in FY 2024. Given that AMD's Data Center-related revenue share is relatively small at 37% (relative to Nvidia), AMD may be able to grow its segment revenue share much faster than Nvidia this year as well.AMD is making moves to catch up to Nvidia as well which could lead to further sentiment improvements and EPS estimate upside revisions. The company recently announced the launch of the Instinct MI300X accelerator and the Instinct M1300A accelerated processing unit which are used to train LLMs. The MI300X chip is set to compete against Nvidia’s H100 chip, the firm's high-end AI GPU. As these products roll out and AMD sees accelerating shipments, the company's Data Center growth could surprise to the upside in FY 2024.Nvidia actually has a valuation advantage relative to AMD... but AMD is facing its own 'Nvidia moment'Nvidia not only has a growth and Data Center concentration advantage relative to AMD, but Nvidia's shares are also cheaper. Nvidia is trading at a P/E ratio of 27X compared to AMD's 32X P/E ratio. Estimates for Nvidia have also rapidly reset to the upside in the last couple of months which reflects the market's confidence that Nvidia's growth can be sustained.Interestingly, both AMD and Nvidia have traded at about 30X P/E in the last three years, on average. With shares of AMD -- despite slower projected revenue growth -- being more expensive than Nvidia (and trading above the 3-year average P/E ratio), I believe AMD is currently slightly overvalued at a price of $176. Based off of a \"fair value\" P/E ratio range of 30-31X (the 3-year average), shares of AMD could have a fair value of $164-169.Data by YChartsAMD had FY 2023 free cash flow of $1.12B and a FCF margin of 5%. Given that AMD is seeing the rollout of its AI GPU this year, I expect strong upside in the FCF margin. Calculating with a FCF margin of 5% (to remain conservative) and a consensus FY 2024 top line estimate of $25.8B results in a P/FCF ratio of 220X. A 10% FCF margin (which would still be below the FY 2023 FCF margin level of 13%) implies a forward P/FCF ratio of 110X.AMD, since it is not yet benefiting from the sale of expensive, high-performance AI chips, is much more expensive than Nvidia. AMD's main rival had $26.9B in free cash flow in FY 2024 which calculates to a 44% free cash flow margin. Assuming a stable FCF margin for the current fiscal year and using a $109.7B revenue consensus estimate, Nvidia is valued at 40X projected FCF.Nvidia currently has the higher free cash flow value, but AMD should see a significant expansion in its FCF margin as it scales its AI GPU and could therefore also soon have its own \"Nvidia moment\" of explosive free cash flow growth.Data by YChartsRisks with AMDAMD is set to benefit from these powerful AI trends and the company has seen two consecutive quarters of revenue acceleration already. Nvidia's earnings report and outlook for FQ1'25 strongly implies that this revenue momentum, for both AMD and Nvidia, is here to stay. What would change my mind about AMD is if the company failed to translate top line growth, especially in its core Data Center business, into real earnings growth. A falling share of Data Center revenues would also be a concern to me.Final considerationsNvidia’s recent blowout earnings release and strong outlook for AI-specific Data Center growth implies that Advanced Micro Devices, Inc. is seeing the same tailwinds in its Data Center business. Nvidia got a head-start in the business by making an early and aggressive bet on the AI market, and its Nvidia AI platform for enterprise customers is seeing accelerating corporate adoption. AMD, however, makes good moves here as well and recently caught up to Nvidia in terms of Data Center revenue growth. This implies that AMD could soon face its own Nvidia moment: the launch of an AI GPU that catalyzes an immense free cash flow upswing. Following Nvidia's blowout report and improving outlook for AI-related Data Center growth, I am therefore also upgrading my stock rating on AMD to hold!","news_type":1},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911880992,"gmtCreate":1664171674317,"gmtModify":1676537402360,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"While all of the Fed members appear intent on continuing to increase rates from the current 3.0%-3.25% range, there are important disagreements too. For instance, the “dot-plots” that track where Fed officials see economic data and interest rates in the future show that members are evenly split between those who expect Federal Funds rates to peak at 4.75% next year, and those who see 4.5% and 4.25% as the top rates. Those might seem like relatively small differences, but they could make a big difference in the market, given how closely investors are watching rates. If Fed officials start leaning toward more dovish policy—raising interest rates more gradually—the market is likely to rise. But that still feels like a long shot.","listText":"While all of the Fed members appear intent on continuing to increase rates from the current 3.0%-3.25% range, there are important disagreements too. For instance, the “dot-plots” that track where Fed officials see economic data and interest rates in the future show that members are evenly split between those who expect Federal Funds rates to peak at 4.75% next year, and those who see 4.5% and 4.25% as the top rates. Those might seem like relatively small differences, but they could make a big difference in the market, given how closely investors are watching rates. If Fed officials start leaning toward more dovish policy—raising interest rates more gradually—the market is likely to rise. But that still feels like a long shot.","text":"While all of the Fed members appear intent on continuing to increase rates from the current 3.0%-3.25% range, there are important disagreements too. For instance, the “dot-plots” that track where Fed officials see economic data and interest rates in the future show that members are evenly split between those who expect Federal Funds rates to peak at 4.75% next year, and those who see 4.5% and 4.25% as the top rates. Those might seem like relatively small differences, but they could make a big difference in the market, given how closely investors are watching rates. If Fed officials start leaning toward more dovish policy—raising interest rates more gradually—the market is likely to rise. But that still feels like a long shot.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/9911880992","repostId":"2270412558","repostType":2,"repost":{"id":"2270412558","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":1664154917,"share":"https://www.laohu8.com/m/news/2270412558?lang=&edition=full","pubTime":"2022-09-26 09:15","market":"us","language":"en","title":"The Stock Market Is Reeling. Here's What Could Stop the Pain","url":"https://stock-news.laohu8.com/highlight/detail?id=2270412558","media":"Dow Jones","summary":"After one of the worst weeks for the stock market in 2022, two factors could swing the market over t","content":"<html><head></head><body><p>After one of the worst weeks for the stock market in 2022, two factors could swing the market over the next few days and set investors up for a tumultuous fourth quarter.</p><p>The market is reeling after a broad selloff on Friday, capping off a two-week swoon that took the S&amp;P 500 down 9.2%, to 3693. The index is down 23% from its January peak. Federal Reserve Chairman Jerome Powell has made it clear that the Fed’s primary concern is inflation, and the central bank is willing to impose financial pain to bring it down. Investors are increasingly believing him.</p><p>That means that the market is likely to swing on two main themes over the next few weeks—inflation data and any hints of what the Fed plans to do in their next few meetings. In the next week, more of those hints could be on their way.</p><p>Investors will hear from quite a few Fed officials and will be watching closely for language that indicates any splits among the board members. Twelve of the 19 Fed governors and presidents are speaking this coming week, “with virtually all appearances potentially touching on the economic outlook or monetary policy,” notes Deutsche Bank economists led by Brett Ryan.</p><p>While all of the Fed members appear intent on continuing to increase rates from the current 3.0%-3.25% range, there are important disagreements too. For instance, the “dot-plots” that track where Fed officials see economic data and interest rates in the future show that members are evenly split between those who expect Federal Funds rates to peak at 4.75% next year, and those who see 4.5% and 4.25% as the top rates. Those might seem like relatively small differences, but they could make a big difference in the market, given how closely investors are watching rates. If Fed officials start leaning toward more dovish policy—raising interest rates more gradually—the market is likely to rise. But that still feels like a long shot. Deutsche Bank, for its part, expects rates will have to rise to 5%, which would likely be a negative for investors.</p><p>Powell himself will appear twice in the coming week. “All three members of Fed leadership will speak, with Powell taking part in a panel on digital currencies on Tuesday and on Wednesday giving welcoming remarks at a community banking conference, at which Gov. Bowman will also appear,” Ryan wrote.</p><p>In addition, there will be some data releases that could impact the market. On Thursday, the Bureau of Economic Analysis (BEA) will release its third estimate of second-quarter gross domestic product, and potentially revise some older figures too. Because it’s a backward-looking number, GDP often doesn’t move the market much. But any further sign that the economy is already in recession could impact investor sentiment. It could also impact the Fed’s willingness to plunge the economy into a deeper recession if it becomes more clear that a recession has begun. The last estimate of second-quarter GDP was a decline of 0.6%, following a 1.3% decline in the first quarter.</p><p>New data on durable goods, consumption, and other economic activity will also help forecasters estimate third-quarter gross domestic product. Another quarter of declines would make it more clear that the economy is already in recession—and test the Fed’s willingness to make the economic pain worse.</p><p>The biggest news is likely to come on Friday, though. The BEA will release the personal-consumption expenditures price index, a key measure of inflation that the Fed watches closely. That index rose 6.8% year over year in June—its highest level since 1982—and moderated to 6.3% in July. The core PCE index, taking out food and energy, was up 4.6%. Analysts expect the core PCE to rise 4.7% in August.</p><p>Even with all these Fed officials planning to speak and important data releases, it’s unlikely that there will be enough clarity in the coming week about the path of rate hikes to determine where stocks will head for the rest of the year. Goldman Sachs on Friday reduced its 2022 S&amp;P 500 target to 3,600 from 4,300—another sign that Wall Street does not see a near-term reprieve for the market.</p><p>“Over the next couple of weeks, long-term investors may hesitate buying into weakness because it doesn’t seem like any economic data release or Fed speak will convince markets that a downshift from this aggressive tightening campaign will be happening anytime soon,” wrote Oanda analyst Edward Moya. “Downside targets for the S&amp;P 500 include the 3,470 level, which might look attractive for some long-term investors.”</p></body></html>","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>The Stock Market Is Reeling. Here's What Could Stop the Pain</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\">\nThe Stock Market Is Reeling. Here's What Could Stop the Pain\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\">2022-09-26 09:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>After one of the worst weeks for the stock market in 2022, two factors could swing the market over the next few days and set investors up for a tumultuous fourth quarter.</p><p>The market is reeling after a broad selloff on Friday, capping off a two-week swoon that took the S&amp;P 500 down 9.2%, to 3693. The index is down 23% from its January peak. Federal Reserve Chairman Jerome Powell has made it clear that the Fed’s primary concern is inflation, and the central bank is willing to impose financial pain to bring it down. Investors are increasingly believing him.</p><p>That means that the market is likely to swing on two main themes over the next few weeks—inflation data and any hints of what the Fed plans to do in their next few meetings. In the next week, more of those hints could be on their way.</p><p>Investors will hear from quite a few Fed officials and will be watching closely for language that indicates any splits among the board members. Twelve of the 19 Fed governors and presidents are speaking this coming week, “with virtually all appearances potentially touching on the economic outlook or monetary policy,” notes Deutsche Bank economists led by Brett Ryan.</p><p>While all of the Fed members appear intent on continuing to increase rates from the current 3.0%-3.25% range, there are important disagreements too. For instance, the “dot-plots” that track where Fed officials see economic data and interest rates in the future show that members are evenly split between those who expect Federal Funds rates to peak at 4.75% next year, and those who see 4.5% and 4.25% as the top rates. Those might seem like relatively small differences, but they could make a big difference in the market, given how closely investors are watching rates. If Fed officials start leaning toward more dovish policy—raising interest rates more gradually—the market is likely to rise. But that still feels like a long shot. Deutsche Bank, for its part, expects rates will have to rise to 5%, which would likely be a negative for investors.</p><p>Powell himself will appear twice in the coming week. “All three members of Fed leadership will speak, with Powell taking part in a panel on digital currencies on Tuesday and on Wednesday giving welcoming remarks at a community banking conference, at which Gov. Bowman will also appear,” Ryan wrote.</p><p>In addition, there will be some data releases that could impact the market. On Thursday, the Bureau of Economic Analysis (BEA) will release its third estimate of second-quarter gross domestic product, and potentially revise some older figures too. Because it’s a backward-looking number, GDP often doesn’t move the market much. But any further sign that the economy is already in recession could impact investor sentiment. It could also impact the Fed’s willingness to plunge the economy into a deeper recession if it becomes more clear that a recession has begun. The last estimate of second-quarter GDP was a decline of 0.6%, following a 1.3% decline in the first quarter.</p><p>New data on durable goods, consumption, and other economic activity will also help forecasters estimate third-quarter gross domestic product. Another quarter of declines would make it more clear that the economy is already in recession—and test the Fed’s willingness to make the economic pain worse.</p><p>The biggest news is likely to come on Friday, though. The BEA will release the personal-consumption expenditures price index, a key measure of inflation that the Fed watches closely. That index rose 6.8% year over year in June—its highest level since 1982—and moderated to 6.3% in July. The core PCE index, taking out food and energy, was up 4.6%. Analysts expect the core PCE to rise 4.7% in August.</p><p>Even with all these Fed officials planning to speak and important data releases, it’s unlikely that there will be enough clarity in the coming week about the path of rate hikes to determine where stocks will head for the rest of the year. Goldman Sachs on Friday reduced its 2022 S&amp;P 500 target to 3,600 from 4,300—another sign that Wall Street does not see a near-term reprieve for the market.</p><p>“Over the next couple of weeks, long-term investors may hesitate buying into weakness because it doesn’t seem like any economic data release or Fed speak will convince markets that a downshift from this aggressive tightening campaign will be happening anytime soon,” wrote Oanda analyst Edward Moya. “Downside targets for the S&amp;P 500 include the 3,470 level, which might look attractive for some long-term investors.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4550":"红杉资本持仓","IVV":"标普500指数ETF","OEF":"标普100指数ETF-iShares","BK4559":"巴菲特持仓","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF",".SPX":"S&P 500 Index","SPY":"标普500ETF","SSO":"两倍做多标普500ETF","BK4534":"瑞士信贷持仓","OEX":"标普100","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","BK4504":"桥水持仓","BK4581":"高盛持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2270412558","content_text":"After one of the worst weeks for the stock market in 2022, two factors could swing the market over the next few days and set investors up for a tumultuous fourth quarter.The market is reeling after a broad selloff on Friday, capping off a two-week swoon that took the S&P 500 down 9.2%, to 3693. The index is down 23% from its January peak. Federal Reserve Chairman Jerome Powell has made it clear that the Fed’s primary concern is inflation, and the central bank is willing to impose financial pain to bring it down. Investors are increasingly believing him.That means that the market is likely to swing on two main themes over the next few weeks—inflation data and any hints of what the Fed plans to do in their next few meetings. In the next week, more of those hints could be on their way.Investors will hear from quite a few Fed officials and will be watching closely for language that indicates any splits among the board members. Twelve of the 19 Fed governors and presidents are speaking this coming week, “with virtually all appearances potentially touching on the economic outlook or monetary policy,” notes Deutsche Bank economists led by Brett Ryan.While all of the Fed members appear intent on continuing to increase rates from the current 3.0%-3.25% range, there are important disagreements too. For instance, the “dot-plots” that track where Fed officials see economic data and interest rates in the future show that members are evenly split between those who expect Federal Funds rates to peak at 4.75% next year, and those who see 4.5% and 4.25% as the top rates. Those might seem like relatively small differences, but they could make a big difference in the market, given how closely investors are watching rates. If Fed officials start leaning toward more dovish policy—raising interest rates more gradually—the market is likely to rise. But that still feels like a long shot. Deutsche Bank, for its part, expects rates will have to rise to 5%, which would likely be a negative for investors.Powell himself will appear twice in the coming week. “All three members of Fed leadership will speak, with Powell taking part in a panel on digital currencies on Tuesday and on Wednesday giving welcoming remarks at a community banking conference, at which Gov. Bowman will also appear,” Ryan wrote.In addition, there will be some data releases that could impact the market. On Thursday, the Bureau of Economic Analysis (BEA) will release its third estimate of second-quarter gross domestic product, and potentially revise some older figures too. Because it’s a backward-looking number, GDP often doesn’t move the market much. But any further sign that the economy is already in recession could impact investor sentiment. It could also impact the Fed’s willingness to plunge the economy into a deeper recession if it becomes more clear that a recession has begun. The last estimate of second-quarter GDP was a decline of 0.6%, following a 1.3% decline in the first quarter.New data on durable goods, consumption, and other economic activity will also help forecasters estimate third-quarter gross domestic product. Another quarter of declines would make it more clear that the economy is already in recession—and test the Fed’s willingness to make the economic pain worse.The biggest news is likely to come on Friday, though. The BEA will release the personal-consumption expenditures price index, a key measure of inflation that the Fed watches closely. That index rose 6.8% year over year in June—its highest level since 1982—and moderated to 6.3% in July. The core PCE index, taking out food and energy, was up 4.6%. Analysts expect the core PCE to rise 4.7% in August.Even with all these Fed officials planning to speak and important data releases, it’s unlikely that there will be enough clarity in the coming week about the path of rate hikes to determine where stocks will head for the rest of the year. Goldman Sachs on Friday reduced its 2022 S&P 500 target to 3,600 from 4,300—another sign that Wall Street does not see a near-term reprieve for the market.“Over the next couple of weeks, long-term investors may hesitate buying into weakness because it doesn’t seem like any economic data release or Fed speak will convince markets that a downshift from this aggressive tightening campaign will be happening anytime soon,” wrote Oanda analyst Edward Moya. “Downside targets for the S&P 500 include the 3,470 level, which might look attractive for some long-term investors.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9020394537,"gmtCreate":1652577054729,"gmtModify":1676535122358,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"The last two - Crypto and Art/NFT - may not be suited for everyone especially those who don't knowwhat they're getting themselves into. Do we actually know what a piece of art or NFT is worth??!&nbsp;","listText":"The last two - Crypto and Art/NFT - may not be suited for everyone especially those who don't knowwhat they're getting themselves into. Do we actually know what a piece of art or NFT is worth??!&nbsp;","text":"The last two - Crypto and Art/NFT - may not be suited for everyone especially those who don't knowwhat they're getting themselves into. Do we actually know what a piece of art or NFT is worth??!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020394537","repostId":"1154861602","repostType":2,"repost":{"id":"1154861602","pubTimestamp":1652575415,"share":"https://www.laohu8.com/m/news/1154861602?lang=&edition=full","pubTime":"2022-05-15 08:43","market":"us","language":"en","title":"7 Profitable Places to Hide Your Money During a Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1154861602","media":"investorplace","summary":"Here are seven asset classes, including stocks in different industries, that could offer shelter dur","content":"<html><head></head><body><ul><li>Here are seven asset classes, including stocks in different industries, that could offer shelter during a bear market</li><li><b>Blue chip</b> companies are those that investors have typically known for decades.</li><li>Worldwide spending on <b>healthcare</b> should continue to grow during the decade.</li><li>Prices of<b>commodities</b>are expected to remain at historically high levels by the end of 2024.</li><li><i>Wall Street</i> offer several options to invest in the growth of <b>real estate</b>.</li><li><b>Utility stocks</b> boastmodest but steady growth and above-average dividend yields.</li><li><b>Cryptocurrency</b> investors should diversify their investments across different digital assets.</li><li><b>Art and NFT</b> prices can act independently of moves in equities.</li></ul><p><img src=\"https://static.tigerbbs.com/d997f0390f5466e9cb277350eea631de\" tg-width=\"1024\" tg-height=\"683\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Source: Ruslan Ivantsov / Shutterstock.com</p><p>It looks like<i>Wall</i><i>Street</i>is bracing for a bear market. Macroeconomic headwinds continue to build, including rampant inflation, slowing economic growth, geopolitical turmoil, and Covid-19 lockdowns in Asia.</p><p>We now have further uncertaintysurroundingthe stockmarket following the most recent interest rate hike. Animminent bear market is potentially on the horizon. As a result, investors are searching for alternative investment paths for diversification.</p><p>Growth names that were the darlings on<i>Wall Street</i>during the pandemic have not beenimmune to these challenges so far in the year. Even large-capitalization (cap) shares have come under pressure since January.</p><p>Year-to-date (YTD), the <b>S&amp;P 500</b>indexhas so far dropped over 13.5% year-to-date (YTD), while the tech-heavy <b>Nasdaq 100</b>has declined more than21.5% during the same period.</p><p>In the past century, we have had over 25bear marketson the Street. Most have lasted an average of less than one year. While it may be tempting to sell stocks in the portfolio to minimize losses, panic selling in a bear market often leads toloss of potential profits and even investment capital.</p><p>Instead, investors need to develop a calmer and at times opportunistic perspective toward bear markets. Let’s remember that some of the strongest days in the stock market usually follow right after some of the most devastating days.</p><p>A bear market can be easier to endure when you’re well-diversified and inthe marketfor the long term.</p><p>With that information, here are seven strategic sectors and asset classes to hide your money in a bear market.</p><table><tbody><tr><td><b>Blue Chip Stocks</b></td></tr><tr><td><b>Healthcare Stocks</b></td></tr><tr><td><b>Commodities Stocks</b></td></tr><tr><td><b>Real Estate Stocks</b></td></tr><tr><td><b>Utility Stocks</b></td></tr><tr><td><b>Cryptocurrency</b></td></tr><tr><td><b>Arts and NFTs</b></td></tr></tbody></table><h2><b>Bear Market: Blue Chip Stocks</b><img src=\"https://static.tigerbbs.com/8ee025174bc9711cf7cf054fdcfbe90d\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></h2><p>“Blue chip stocks” are some of the precious gems of the stock market. As most<i>InvestorPlace.com</i>readers know, the term comes from poker chips where the blue chips are the most valuable ones of a three color chip set.</p><p>Blue chip companies are those that you have possibly known for decades. Market caps are typically in the order of hundreds of billions of dollars. The company history goes many decades or even a hundred years. Most of the 30 stocks in the <b>Dow Jones Industrial Average (DJIA)</b> index belong to a blue chip company.</p><p>If you like dividends, then blue chips should be on your radar screen. They typically grow dividends regularly over decades.</p><p>Daily swings are less of an issue in the case of blue chips. Especially due to stable dividends, most investors are reluctant to sell them when the market declines.</p><p>Since most blue chips have healthy balance sheets and strong leadership, they tend to come out of hard economic times even stronger. In fact, many either buy-out or drive-out their weaker competitors.</p><p>But, when we have a bear market, shares of blue chips also decline. For instance, the DJIA has lost around 10% so far in 2022. Yet, this percentage is less than those in the S&amp;P 500 and the Nasdaq 100.</p><p>Yet this recent drop in price has made many blue chips undervalued, creating a buying opportunity. If readers are not sure as to which specific blue chip stock to buy, they can also consider blue chip exchange-traded funds (ETFs) that hold a basket of stocks.</p><p>The following names of stocks and ETFs can be considered when investing in blue chips:</p><ul><li><b>International Business Machines</b>(NYSE:<b><u>IBM</u></b>)</li><li><b>Pfizer</b>(NYSE:<b><u>PFE</u></b>)</li><li><b>Walmart</b>(NYSE:<b><u>WMT</u></b>)</li><li><b>T. Rowe Price Blue Chip Growth ETF</b>(NYSE:<b><u>TCHP</u></b>)</li><li><b>Invesco Dow Jones Industrial Average Dividend ETF</b>(NYSE:<b><u>DJD</u></b>)</li></ul><h2><b>Healthcare Stocks</b><img src=\"https://static.tigerbbs.com/24071cbf367a83a8c27823f7dcbde884\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></h2><p>With growing concern about the possibility of a coming recession, many investors are turning to defensive healthcare stocks. The healthcare market tends to remain fairlyresistantto market downtowns. After all, as the past two years have shown, anyone can get sick or become injured at any time.</p><p>Globally, the healthcare industry continues to grow, spurred by an aging population. We are witnessing continuous development of new medicines and treatment protocols. Worldwide spending on medicine is expected to grow to an average of over10%of global GDP by the year 2030.</p><p>At the same time, Covid-19 vaccines are likely to soon find an entire new category of patients: children under 5. TheWashington Postrecently reported that the Food and Drug Administration (FDA) is currently considering an authorization request from<b>Moderna</b>(NASDAQ:<b><u>MRNA</u></b>) for use of its vaccine for young children. Pfizer is also expected to make a similar request soon.</p><p>Healthcare stocks or ETFs could thus provide a potential safe haven for wary investors. Here are a few picks:</p><ul><li><b>Abbvie</b>(NYSE:<b><u>ABBV</u></b>)</li><li><b>Bio-Rad Laboratories</b>(NYSE:<b><u>BIO</u></b>)</li><li><b>Merck</b>(NYSE:<b><u>MRK</u></b>)</li><li><b>Novo Nordisk</b>(NYSE:<b><u>NVO</u></b>)</li><li><b>Thermo Fisher Scientific</b>(NYSE:<b><u>TMO</u></b>)</li><li><b>iShares Global Healthcare ETF</b>(NYSEARCA:<b><u>IXJ</u></b>)</li><li><b>Health Care Select Sector SPDR Fund</b>(NYSEARCA:<b><u>XLV</u></b>)</li></ul><h2><b>Bear Market: Commodities</b><img src=\"https://static.tigerbbs.com/2bddccd89eea651feaf3fc435d316654\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></h2><p>Analysts are increasingly convinced that we are at the start of a long-term structural bull market in commodities. The World Bank’s <i>Commodity Markets Outlook</i>report suggests that the Russian invasion of Ukraine has changed the discourse on commodities.</p><p>Changing global patterns of production, trade, and consumption could keep commodity prices at historically elevated levels by the end of 2024.Moreover, such high commodity prices shouldadd to theinflationary pressures worldwide.</p><p>Energy prices are of particular interest to investors. Brent crude is currently trading ataround$100 per barrel. And theDow Jones Oil &amp; Gas Index has soaredmore than45% year-to-date (YTD).</p><p>Moreover, food commodities and fertilizers, which rely on natural gas as a production input, have also seen the largest price increases since 2008. For example, wheat prices are projected to increase by over 40%, reaching an all-time high in 2022.</p><p>Another group that gets attention as a potential hedge is precious metals. Gold and silver are the traditional metals of choice. Yet, copper, platinum, palladium, nickel, and zinc are also sought by investors in times of uncertainty in the markets.</p><p>Commodities not only offer an effective hedge against inflation, but they also help diversifyinvestors’portfolios due to their low correlation with stocks. Gold, for example, tends to beinversely correlatedto both stock market performance and the value of the greenback.</p><p>Silver has often provided a good investment during periods of high inflation. Its value isoften tiedto its utility in certain applications in technology as well as heavy industry.</p><p>The price ofgoldis up 2.1% over the past year, while the price ofsilveris down 18.2%. Meanwhile,pricesof platinum and palladium are also down year-over-year.</p><p>Investors can either buy individual stocks or invest in ETFs for commodities like energy, agriculture, and metals.</p><p>The following names deserve further due diligence:</p><ul><li><b>Archer Daniels Midland</b> (NYSE:<b>ADM</b>)</li><li><b>Barrick Gold</b>(NYSE:<b><u>GOLD</u></b>)</li><li><b>Franco-Nevada</b>(NYSE:<b><u>FNV</u></b>)</li><li><b>Newmont</b>(NYSE:<b><u>NEM</u></b>)</li><li><b>Nucor</b>(NYSE:<b>NUE</b>)</li><li><b>Rio Tinto</b> (NYSE:<b>RIO</b>)</li><li><b>BHP</b> (NYSE:<b>BHP</b>)</li><li><b>Freeport McMoRan</b> (NYSE:<b>FCX</b>)</li><li><b>SPDR S&amp;P Metals and Mining</b> (NYSEARCA:<b>XME</b>)</li><li><b>Invesco DB Commodity Index Tracking Fund</b>(NYSEARCA:<b>DBC</b>)</li><li><b>iShares GSCI Commodity Dynamic Roll Strategy ETF</b>(NASDAQ:<b>COMT</b>)</li></ul><h2><b>Real Estate Stocks</b><img src=\"https://static.tigerbbs.com/40d6b0f5de2972f4461ff4ad61b490fd\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></h2><p>Investing in real estate is another option to protect your savings against inflation or volatile markets. It also provides consistent income over a long period.</p><p>Participating in real estate investment comes in various ways. You can always buy your own private real estate, and possibly at a lower price during an economic slowdown. Of course, you’d need to have the necessary amount of money ready for the transaction. Or you could go to<i>Wall Street</i>to participate in the growth of real estate shares and for less capital.</p><p>Stock markets offer several options to invest in real estate. These can be shares of builders and developers or Real Estate Investment Trusts (REITs). The latter are companies that own, buy, sell or manage real estate. REITs usually hold a diversified or specialized portfolio. In the U.S., by law, they have to distribute about90%of their income as dividends to qualify as a REIT.</p><p>Retail investors can go for the shares of either individual developers or REITs. Or they can also explore ETFs that are focused on real estate.</p><p>The following stocks and ETFs can be considered when investing in real estate:</p><ul><li><b>Avalonbay Communities</b>(NYSE:<b><u>AVB</u></b>)</li><li><b>Lennar</b>(NYSE:<b><u>LEN</u></b>)</li><li><b>VICI Properties</b>(NYSE:<b><u>VICI</u></b>)</li><li><b>Welltower</b>(NYSE:<b><u>WELL</u></b>)</li><li><b>Schwab US REIT ETF</b>(NYSEARCA:<b><u>SCHH</u></b>)</li><li><b>Vanguard Real Estate Index Fund ETF Shares</b>(NYSEARCA:<b><u>VNQ</u></b>)</li></ul><h2><b>Bear Market: Utility Stocks</b><img src=\"https://static.tigerbbs.com/fddf363cbccadd8f53d68acccf09f256\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></h2><p>Utilities are often regarded as the defensive and less volatile portion of an investment portfolio.They include electricity, natural gas, clean water, and sewage services. Understandable, businesses and households rely on them regardless of economic cycles.</p><p>Even during a recession, consumers will, for the most part, pay their bills for power and water.As most utilities are highly regulated, effectively preventing rivals from entering the market, utility stocks are usually associated with low risk andstableinvestments.</p><p>The outlook for utilities has significantly improved over the past few years. President Biden has made the renewable energy transition a key focus of his administration, setting the target for a carbon-free power industry by 2035.</p><p>According to a recentreport from the International Energy Association (IEA), renewables are expected to account for almost 95% of the increase in global power capacity through 2026. As a result, we are likely to see hundreds of billions of dollars of investment flow to the utility space to achieve global decarbonization goals.</p><p>Earlier in March, the Dow Jones Utility Average briefly crossed the 1,000 mark for the first time in itsnearly100-year history. It’s difficult to top utility stocks for modest but steady growth and above-average dividend yields.</p><p>Against this backdrop, investors could keep the following utility stocks under their radar:</p><ul><li><b>Enbridge</b>(NYSE:<b>ENB</b>)</li><li><b>Dominion Energy</b> (NYSE:<b>D</b>)</li><li><b>Duke Energy</b> (NYSE:<b>DUK</b>)</li><li><b>NextEra Energy</b> (NYSE:<b>NEE</b>)</li><li><b>Fidelity® MSCI Utilities Index ETF</b> (NYSEARCA:<b>FUTY</b>)</li><li><b>Utilities Select Sector SPDR® Fund</b> (NYSEARCA:<b>XLU</b>)</li><li><b>Vanguard Utilities ETF</b>(NYSEARCA:<b>VPU</b>)</li></ul><h2><b>Cryptocurrency</b><img src=\"https://static.tigerbbs.com/506a2a56741612c05ae17b69a8ce642c\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></h2><p>2022 has been a tough year for the cryptocurrency market. So far in the year,<b>Bitcoin</b>(BTC-USD) and<b>Ethereum</b>(ETH-USD) have declined almost 28% and 32%, respectively. Similarly, theGlobal X Blockchain ETF(NASDAQ:<b>BKCH</b>) has lost over half its value YTD.</p><p>Analysts agree that many altcoins will not make it in the long run. Furthermore, someindividual cryptoswill likely experience even larger declinesin a prolonged bear market.</p><p>However,if investor portfolios are diversified,they will be able to stay in the market, weather the storm, and capitalize onprofit opportunities. In a bear market, crypto investors should diversify their investments across large-cap market digital asset leaders, fast-growing new cryptos, non-fungible token (NFT) cryptos, decentralized finance (DeFi) coins, and stablecoins.</p><p>Smart investors can potentially endure bear markets through dollar cost averaging, which involves making smallperiodicpurchases without committing to a single large purchase. Such an approach could help smooth out price volatility. As a result, investors can build a portfolio according to a time-based average price.</p><p>Well-established cryptos have weathered market downturns in the past andmore thanregained theirvalues. Moreover, many altcoins are associated with critical technologies like blockchain oracles, cross-chain commerce, and consumer entertainment.As a result, those cryptos can continue to deliver financial rewards in the near future.</p><p>In addition to Bitcoin and Ethereum, the following cryptos could also be of interest to readers:</p><ul><li><b>Avalanche</b>(<b>AVAX-USD</b>)</li><li><b>Axie Infinity</b>(<b>AXS-USD</b>)</li><li><b>Cardano</b>(<b>ADA-USD</b>)</li><li><b>Chainlink</b>(<b>LINK-USD</b>)</li><li><b>Decentraland</b>(<b>MANA-USD</b>)</li><li><b>Solana</b>(<b>SOL-USD</b>)</li><li><b>The Sandbox</b>(<b>SAND-USD</b>)</li></ul><p>Those readers who are looking for potential stocks or ETF to participate in the growth of the cryptocurrency market could also consider:</p><ul><li><b>Coinbase Global</b>(NASDAQ:<b><u>COIN</u></b>)</li><li><b>Grayscale Future of Finance ETF</b>(NYSE:<b><u>GFOF</u></b>)</li><li><b>Invesco Alerian Galaxy Crypto Economy ETF</b>(NYSEARCA:<b><u>SATO</u></b>)</li><li><b>ProShares Bitcoin Strategy ETF</b>(NYSEARCA:<b><u>BITO</u></b>)</li></ul><h2><b>Bear Market: Art and NFT Markets</b><img src=\"https://static.tigerbbs.com/78f162acb4156082b7d9e21484ed337c\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></h2><p>The art market couldprovide an alternative path to portfolio diversification during a bear market.Furthermore, art pricesexhibita low correlation with other asset classes and may outperform the stock market duringmarket downturns.</p><p>Following its biggest recession in 10 years in 2020, the global art market recovered strongly in 2021, according to the latest annualArt Basel &amp; UBS Global Art Market Report. Aggregate sales of art and antiques by dealers and auction houses reached went over $65 billion, up by 29% from 2020.</p><p>Thus, sales values have even surpassed pre-pandemic levels of 2019. This boom was primarily fueled by art investors from the U.S., with 43% of worldwide sales by value. Greater China was the second-largest art market with 20%.</p><p>Art serves as a store of value during periods of high inflation. With the number of high-net-worth individuals increasing worldwide, art prices have the potential to grow tremendously. Research by Deloitte suggests thatart investing should grow by over 40% by 2026.</p><p>In addition,NFTsare now widely used to represent any object considered unique or rare, including a work of art, music score, or even a book. NFTs are minted, stored, and then transferred on a blockchain. Thus they offer instant and continuous proof of authenticity and origin.</p><p>There are different platforms for readers interested in buying art or NFTs. In addition, the <b>Defiance Digital Revolution ETF</b>(NYSEARCA:<b><u>NFTZ</u></b>) could be of interest to potential investors.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Profitable Places to Hide Your Money During a Bear Market</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\">\n7 Profitable Places to Hide Your Money During a Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-15 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/7-profitable-places-to-hide-your-money-during-a-bear-market/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here are seven asset classes, including stocks in different industries, that could offer shelter during a bear marketBlue chip companies are those that investors have typically known for decades....</p>\n\n<a href=\"https://investorplace.com/2022/05/7-profitable-places-to-hide-your-money-during-a-bear-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABBV":"艾伯维公司","IBM":"IBM","PFE":"辉瑞","DJD":"Invesco Dow Jones Industrial Average Dividend ETF","WMT":"沃尔玛","TCHP":"T. Rowe Price Blue Chip Growth ETF"},"source_url":"https://investorplace.com/2022/05/7-profitable-places-to-hide-your-money-during-a-bear-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154861602","content_text":"Here are seven asset classes, including stocks in different industries, that could offer shelter during a bear marketBlue chip companies are those that investors have typically known for decades.Worldwide spending on healthcare should continue to grow during the decade.Prices ofcommoditiesare expected to remain at historically high levels by the end of 2024.Wall Street offer several options to invest in the growth of real estate.Utility stocks boastmodest but steady growth and above-average dividend yields.Cryptocurrency investors should diversify their investments across different digital assets.Art and NFT prices can act independently of moves in equities.Source: Ruslan Ivantsov / Shutterstock.comIt looks likeWallStreetis bracing for a bear market. Macroeconomic headwinds continue to build, including rampant inflation, slowing economic growth, geopolitical turmoil, and Covid-19 lockdowns in Asia.We now have further uncertaintysurroundingthe stockmarket following the most recent interest rate hike. Animminent bear market is potentially on the horizon. As a result, investors are searching for alternative investment paths for diversification.Growth names that were the darlings onWall Streetduring the pandemic have not beenimmune to these challenges so far in the year. Even large-capitalization (cap) shares have come under pressure since January.Year-to-date (YTD), the S&P 500indexhas so far dropped over 13.5% year-to-date (YTD), while the tech-heavy Nasdaq 100has declined more than21.5% during the same period.In the past century, we have had over 25bear marketson the Street. Most have lasted an average of less than one year. While it may be tempting to sell stocks in the portfolio to minimize losses, panic selling in a bear market often leads toloss of potential profits and even investment capital.Instead, investors need to develop a calmer and at times opportunistic perspective toward bear markets. Let’s remember that some of the strongest days in the stock market usually follow right after some of the most devastating days.A bear market can be easier to endure when you’re well-diversified and inthe marketfor the long term.With that information, here are seven strategic sectors and asset classes to hide your money in a bear market.Blue Chip StocksHealthcare StocksCommodities StocksReal Estate StocksUtility StocksCryptocurrencyArts and NFTsBear Market: Blue Chip Stocks“Blue chip stocks” are some of the precious gems of the stock market. As mostInvestorPlace.comreaders know, the term comes from poker chips where the blue chips are the most valuable ones of a three color chip set.Blue chip companies are those that you have possibly known for decades. Market caps are typically in the order of hundreds of billions of dollars. The company history goes many decades or even a hundred years. Most of the 30 stocks in the Dow Jones Industrial Average (DJIA) index belong to a blue chip company.If you like dividends, then blue chips should be on your radar screen. They typically grow dividends regularly over decades.Daily swings are less of an issue in the case of blue chips. Especially due to stable dividends, most investors are reluctant to sell them when the market declines.Since most blue chips have healthy balance sheets and strong leadership, they tend to come out of hard economic times even stronger. In fact, many either buy-out or drive-out their weaker competitors.But, when we have a bear market, shares of blue chips also decline. For instance, the DJIA has lost around 10% so far in 2022. Yet, this percentage is less than those in the S&P 500 and the Nasdaq 100.Yet this recent drop in price has made many blue chips undervalued, creating a buying opportunity. If readers are not sure as to which specific blue chip stock to buy, they can also consider blue chip exchange-traded funds (ETFs) that hold a basket of stocks.The following names of stocks and ETFs can be considered when investing in blue chips:International Business Machines(NYSE:IBM)Pfizer(NYSE:PFE)Walmart(NYSE:WMT)T. Rowe Price Blue Chip Growth ETF(NYSE:TCHP)Invesco Dow Jones Industrial Average Dividend ETF(NYSE:DJD)Healthcare StocksWith growing concern about the possibility of a coming recession, many investors are turning to defensive healthcare stocks. The healthcare market tends to remain fairlyresistantto market downtowns. After all, as the past two years have shown, anyone can get sick or become injured at any time.Globally, the healthcare industry continues to grow, spurred by an aging population. We are witnessing continuous development of new medicines and treatment protocols. Worldwide spending on medicine is expected to grow to an average of over10%of global GDP by the year 2030.At the same time, Covid-19 vaccines are likely to soon find an entire new category of patients: children under 5. TheWashington Postrecently reported that the Food and Drug Administration (FDA) is currently considering an authorization request fromModerna(NASDAQ:MRNA) for use of its vaccine for young children. Pfizer is also expected to make a similar request soon.Healthcare stocks or ETFs could thus provide a potential safe haven for wary investors. Here are a few picks:Abbvie(NYSE:ABBV)Bio-Rad Laboratories(NYSE:BIO)Merck(NYSE:MRK)Novo Nordisk(NYSE:NVO)Thermo Fisher Scientific(NYSE:TMO)iShares Global Healthcare ETF(NYSEARCA:IXJ)Health Care Select Sector SPDR Fund(NYSEARCA:XLV)Bear Market: CommoditiesAnalysts are increasingly convinced that we are at the start of a long-term structural bull market in commodities. The World Bank’s Commodity Markets Outlookreport suggests that the Russian invasion of Ukraine has changed the discourse on commodities.Changing global patterns of production, trade, and consumption could keep commodity prices at historically elevated levels by the end of 2024.Moreover, such high commodity prices shouldadd to theinflationary pressures worldwide.Energy prices are of particular interest to investors. Brent crude is currently trading ataround$100 per barrel. And theDow Jones Oil & Gas Index has soaredmore than45% year-to-date (YTD).Moreover, food commodities and fertilizers, which rely on natural gas as a production input, have also seen the largest price increases since 2008. For example, wheat prices are projected to increase by over 40%, reaching an all-time high in 2022.Another group that gets attention as a potential hedge is precious metals. Gold and silver are the traditional metals of choice. Yet, copper, platinum, palladium, nickel, and zinc are also sought by investors in times of uncertainty in the markets.Commodities not only offer an effective hedge against inflation, but they also help diversifyinvestors’portfolios due to their low correlation with stocks. Gold, for example, tends to beinversely correlatedto both stock market performance and the value of the greenback.Silver has often provided a good investment during periods of high inflation. Its value isoften tiedto its utility in certain applications in technology as well as heavy industry.The price ofgoldis up 2.1% over the past year, while the price ofsilveris down 18.2%. Meanwhile,pricesof platinum and palladium are also down year-over-year.Investors can either buy individual stocks or invest in ETFs for commodities like energy, agriculture, and metals.The following names deserve further due diligence:Archer Daniels Midland (NYSE:ADM)Barrick Gold(NYSE:GOLD)Franco-Nevada(NYSE:FNV)Newmont(NYSE:NEM)Nucor(NYSE:NUE)Rio Tinto (NYSE:RIO)BHP (NYSE:BHP)Freeport McMoRan (NYSE:FCX)SPDR S&P Metals and Mining (NYSEARCA:XME)Invesco DB Commodity Index Tracking Fund(NYSEARCA:DBC)iShares GSCI Commodity Dynamic Roll Strategy ETF(NASDAQ:COMT)Real Estate StocksInvesting in real estate is another option to protect your savings against inflation or volatile markets. It also provides consistent income over a long period.Participating in real estate investment comes in various ways. You can always buy your own private real estate, and possibly at a lower price during an economic slowdown. Of course, you’d need to have the necessary amount of money ready for the transaction. Or you could go toWall Streetto participate in the growth of real estate shares and for less capital.Stock markets offer several options to invest in real estate. These can be shares of builders and developers or Real Estate Investment Trusts (REITs). The latter are companies that own, buy, sell or manage real estate. REITs usually hold a diversified or specialized portfolio. In the U.S., by law, they have to distribute about90%of their income as dividends to qualify as a REIT.Retail investors can go for the shares of either individual developers or REITs. Or they can also explore ETFs that are focused on real estate.The following stocks and ETFs can be considered when investing in real estate:Avalonbay Communities(NYSE:AVB)Lennar(NYSE:LEN)VICI Properties(NYSE:VICI)Welltower(NYSE:WELL)Schwab US REIT ETF(NYSEARCA:SCHH)Vanguard Real Estate Index Fund ETF Shares(NYSEARCA:VNQ)Bear Market: Utility StocksUtilities are often regarded as the defensive and less volatile portion of an investment portfolio.They include electricity, natural gas, clean water, and sewage services. Understandable, businesses and households rely on them regardless of economic cycles.Even during a recession, consumers will, for the most part, pay their bills for power and water.As most utilities are highly regulated, effectively preventing rivals from entering the market, utility stocks are usually associated with low risk andstableinvestments.The outlook for utilities has significantly improved over the past few years. President Biden has made the renewable energy transition a key focus of his administration, setting the target for a carbon-free power industry by 2035.According to a recentreport from the International Energy Association (IEA), renewables are expected to account for almost 95% of the increase in global power capacity through 2026. As a result, we are likely to see hundreds of billions of dollars of investment flow to the utility space to achieve global decarbonization goals.Earlier in March, the Dow Jones Utility Average briefly crossed the 1,000 mark for the first time in itsnearly100-year history. It’s difficult to top utility stocks for modest but steady growth and above-average dividend yields.Against this backdrop, investors could keep the following utility stocks under their radar:Enbridge(NYSE:ENB)Dominion Energy (NYSE:D)Duke Energy (NYSE:DUK)NextEra Energy (NYSE:NEE)Fidelity® MSCI Utilities Index ETF (NYSEARCA:FUTY)Utilities Select Sector SPDR® Fund (NYSEARCA:XLU)Vanguard Utilities ETF(NYSEARCA:VPU)Cryptocurrency2022 has been a tough year for the cryptocurrency market. So far in the year,Bitcoin(BTC-USD) andEthereum(ETH-USD) have declined almost 28% and 32%, respectively. Similarly, theGlobal X Blockchain ETF(NASDAQ:BKCH) has lost over half its value YTD.Analysts agree that many altcoins will not make it in the long run. Furthermore, someindividual cryptoswill likely experience even larger declinesin a prolonged bear market.However,if investor portfolios are diversified,they will be able to stay in the market, weather the storm, and capitalize onprofit opportunities. In a bear market, crypto investors should diversify their investments across large-cap market digital asset leaders, fast-growing new cryptos, non-fungible token (NFT) cryptos, decentralized finance (DeFi) coins, and stablecoins.Smart investors can potentially endure bear markets through dollar cost averaging, which involves making smallperiodicpurchases without committing to a single large purchase. Such an approach could help smooth out price volatility. As a result, investors can build a portfolio according to a time-based average price.Well-established cryptos have weathered market downturns in the past andmore thanregained theirvalues. Moreover, many altcoins are associated with critical technologies like blockchain oracles, cross-chain commerce, and consumer entertainment.As a result, those cryptos can continue to deliver financial rewards in the near future.In addition to Bitcoin and Ethereum, the following cryptos could also be of interest to readers:Avalanche(AVAX-USD)Axie Infinity(AXS-USD)Cardano(ADA-USD)Chainlink(LINK-USD)Decentraland(MANA-USD)Solana(SOL-USD)The Sandbox(SAND-USD)Those readers who are looking for potential stocks or ETF to participate in the growth of the cryptocurrency market could also consider:Coinbase Global(NASDAQ:COIN)Grayscale Future of Finance ETF(NYSE:GFOF)Invesco Alerian Galaxy Crypto Economy ETF(NYSEARCA:SATO)ProShares Bitcoin Strategy ETF(NYSEARCA:BITO)Bear Market: Art and NFT MarketsThe art market couldprovide an alternative path to portfolio diversification during a bear market.Furthermore, art pricesexhibita low correlation with other asset classes and may outperform the stock market duringmarket downturns.Following its biggest recession in 10 years in 2020, the global art market recovered strongly in 2021, according to the latest annualArt Basel & UBS Global Art Market Report. Aggregate sales of art and antiques by dealers and auction houses reached went over $65 billion, up by 29% from 2020.Thus, sales values have even surpassed pre-pandemic levels of 2019. This boom was primarily fueled by art investors from the U.S., with 43% of worldwide sales by value. Greater China was the second-largest art market with 20%.Art serves as a store of value during periods of high inflation. With the number of high-net-worth individuals increasing worldwide, art prices have the potential to grow tremendously. Research by Deloitte suggests thatart investing should grow by over 40% by 2026.In addition,NFTsare now widely used to represent any object considered unique or rare, including a work of art, music score, or even a book. NFTs are minted, stored, and then transferred on a blockchain. Thus they offer instant and continuous proof of authenticity and origin.There are different platforms for readers interested in buying art or NFTs. In addition, the Defiance Digital Revolution ETF(NYSEARCA:NFTZ) could be of interest to potential investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004930796,"gmtCreate":1642468619117,"gmtModify":1676533713433,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Shareholders should vote “no” to the proposed Mapletree North Asia and Commercial Trust merger as well","listText":"Shareholders should vote “no” to the proposed Mapletree North Asia and Commercial Trust merger as well","text":"Shareholders should vote “no” to the proposed Mapletree North Asia and Commercial Trust merger as well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004930796","repostId":"1146520803","repostType":2,"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568173757403571","authorId":"3568173757403571","name":"lks","avatar":"https://static.tigerbbs.com/a57ae82052ee22841b4ff92c03b5c6b0","crmLevel":4,"crmLevelSwitch":0},"content":"I agree. But unless the institutional investors also vote against it, otherwise retail investors votes don't carry much weight [Cry]","text":"I agree. But unless the institutional investors also vote against it, otherwise retail investors votes don't carry much weight [Cry]","html":"I agree. But unless the institutional investors also vote against it, otherwise retail investors votes don't carry much weight [Cry]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273135321399512,"gmtCreate":1707721378308,"gmtModify":1707721382634,"author":{"id":"3573540190522229","authorId":"3573540190522229","name":"Targarean","avatar":"https://community-static.tradeup.com/news/59de1c73df3e7e460bd84cc786850fa6","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Ultimately, its still to do our own due diligence vefore buying <a href=\"https://ttm.financial/U/3573203718015318\"> @JenneyJJ </a>","listText":"Ultimately, its still to do our own due diligence vefore buying <a href=\"https://ttm.financial/U/3573203718015318\"> @JenneyJJ </a>","text":"Ultimately, its still to do our own due diligence vefore buying @JenneyJJ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273135321399512","isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}