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Marco0os
07-25
The headline says sell but the body says buy... so which is which.
Tesla Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply
Marco0os
01-23
$Tesla Motors(TSLA)$
Marco0os
2021-07-12
Buy!
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Marco0os
2021-06-30
BUY
3 Reasons Amazon Could Quadruple Within 5 Years
Marco0os
2021-06-23
To the moon
Why I Believe NIO Will Beat Out Tesla
Marco0os
2021-06-21
Nicee
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Marco0os
2021-06-19
Like and comment
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Marco0os
2021-06-19
Like share
U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week
Marco0os
2021-06-17
Time to buy in
Sorry, the original content has been removed
Marco0os
2021-06-17
.
China's Tianli leads plunge in HK-listed education stocks on report of tougher rules
Marco0os
2021-06-16
Nice
1847 Goedeker Continues Strong Q2 Performance With Record Revenue Up 41.9% In May
Marco0os
2021-04-13
It’s a very hot stock and can be dangerous to invest right after ipo
Can You Make Coin Investing In Coinbase?
Go to Tiger App to see more news
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headline says sell but the body says buy... so which is which.","listText":"The headline says sell but the body says buy... so which is which.","text":"The headline says sell but the body says buy... so which is which.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/331256855146664","repostId":"1108198959","repostType":2,"repost":{"id":"1108198959","kind":"news","pubTimestamp":1721876407,"share":"https://ttm.financial/m/news/1108198959?lang=&edition=fundamental","pubTime":"2024-07-25 11:00","market":"us","language":"en","title":"Tesla Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply","url":"https://stock-news.laohu8.com/highlight/detail?id=1108198959","media":"Benzinga","summary":"On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of $Tesla Motors(TSLA)$ , despite the electric vehicle giant’s recent market challenges.The Tesla TradeArk Invest’s ","content":"<html><head></head><body><p style=\"text-align: start;\">On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> , despite the electric vehicle giant’s recent market challenges.</p><p style=\"text-align: start;\"><strong>The Tesla Trade</strong></p><p style=\"text-align: start;\">Ark Invest’s <a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internation ETF</a> acquired 33,143 shares of Tesla, a move that came on the heels of a turbulent period for the company. The value of this trade, based on the closing price of $215.99 on the same day, is approximately $7.16 million.</p><p style=\"text-align: start;\">This purchase is particularly noteworthy given the context of Tesla’s recent performance. The company’s second-quarter financial results, reported on Tuesday, showed a revenue beat but an EPS miss.</p><p style=\"text-align: start;\">Furthermore, Tesla’s automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines. This was the first time the company had experienced consecutive quarters of declining sales volume. Despite these challenges, Ark Invest has shown confidence in Tesla’s long-term prospects.</p><p style=\"text-align: start;\">On Tuesday, Ark Invest sold nearly $3.7 million worth of Tesla shares in continuation of a recent trend.</p><p style=\"text-align: start;\"><strong>Other Key Trades:</strong></p><ul style=\"list-style-type: disc;\"><li><p>Ark Fintech Innovation ETF bought 1,059 shares of <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></p></li><li><p>Ark Fintech Innovation ETF sold shares of <a href=\"https://laohu8.com/S/TOST\">Toast, Inc.</a> </p></li><li><p>ARK Genomic Revolution ETF bought shares of <a href=\"https://laohu8.com/S/TXG\">10x Genomics, Inc.</a> </p></li><li><p>ARK Genomic Revolution ETF sold shares of <a href=\"https://laohu8.com/S/TDOC\">Teladoc Health Inc.</a> </p></li><li><p>ARK Autonomous Technology & Robotics ETF bought shares of <a href=\"https://laohu8.com/S/OKLO\">Oklo Inc.</a> </p></li></ul></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\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 Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-25 11:00 GMT+8 <a href=https://www.benzinga.com/markets/equities/24/07/39947856/tesla-bull-cathie-woods-ark-invest-sells-7-16m-worth-of-ev-makers-shares-after-q2-earnings-revea><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of Tesla Motors , despite the electric vehicle giant’s recent market challenges.The Tesla TradeArk Invest’s ARK Next...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/24/07/39947856/tesla-bull-cathie-woods-ark-invest-sells-7-16m-worth-of-ev-makers-shares-after-q2-earnings-revea\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉","ARKW":"ARK Next Generation Internation ETF","TDOC":"Teladoc Health Inc.","MELI":"MercadoLibre"},"source_url":"https://www.benzinga.com/markets/equities/24/07/39947856/tesla-bull-cathie-woods-ark-invest-sells-7-16m-worth-of-ev-makers-shares-after-q2-earnings-revea","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108198959","content_text":"On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of Tesla Motors , despite the electric vehicle giant’s recent market challenges.The Tesla TradeArk Invest’s ARK Next Generation Internation ETF acquired 33,143 shares of Tesla, a move that came on the heels of a turbulent period for the company. The value of this trade, based on the closing price of $215.99 on the same day, is approximately $7.16 million.This purchase is particularly noteworthy given the context of Tesla’s recent performance. The company’s second-quarter financial results, reported on Tuesday, showed a revenue beat but an EPS miss.Furthermore, Tesla’s automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines. This was the first time the company had experienced consecutive quarters of declining sales volume. Despite these challenges, Ark Invest has shown confidence in Tesla’s long-term prospects.On Tuesday, Ark Invest sold nearly $3.7 million worth of Tesla shares in continuation of a recent trend.Other Key Trades:Ark Fintech Innovation ETF bought 1,059 shares of MercadoLibreArk Fintech Innovation ETF sold shares of Toast, Inc. ARK Genomic Revolution ETF bought shares of 10x Genomics, Inc. ARK Genomic Revolution ETF sold shares of Teladoc Health Inc. ARK Autonomous Technology & Robotics ETF bought shares of Oklo Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266013273018520,"gmtCreate":1705965080649,"gmtModify":1705965082347,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> ","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266013273018520","isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146535881,"gmtCreate":1626089739043,"gmtModify":1703753099010,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"Buy! ","listText":"Buy! ","text":"Buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146535881","repostId":"1127514414","repostType":4,"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151074659,"gmtCreate":1625060482671,"gmtModify":1703735087115,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"BUY","listText":"BUY","text":"BUY","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151074659","repostId":"1102107523","repostType":4,"repost":{"id":"1102107523","kind":"news","pubTimestamp":1625058171,"share":"https://ttm.financial/m/news/1102107523?lang=&edition=fundamental","pubTime":"2021-06-30 21:02","market":"us","language":"en","title":"3 Reasons Amazon Could Quadruple Within 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1102107523","media":"seekingalpha","summary":"Summary\n\nImagine a company so wonderful, that a single share bought today, might be able to fund a r","content":"<p><b>Summary</b></p>\n<ul>\n <li>Imagine a company so wonderful, that a single share bought today, might be able to fund a rich retirement decades from now. Amazon is that company.</li>\n <li>Amazon's empire of businesses, including high margin AWS and advertising are expected to drive massive margin expansion leading to 33% annual free cash flow growth through 2026.</li>\n <li>$171 billion in annual free cash flow and $628 billion in cash on the balance sheet, means that Amazon will likely be forced by institutional investors to pay dividends.</li>\n <li>Amazon's 17% discount to fair value, and hyper-growth through 2026, means analysts think it could deliver 290% returns, nearly quadrupling your investment in five years.</li>\n <li>Those 26% CAGR consensus returns are what Amazon has delivered with incredible consistency for over 20 years. Combined with the potential to become the biggest dividend payer in history, Amazon is the ultimate rich retirement dream stock. That's why I've invested almost $250,000 into the best hyper-growth Ultra SWAN on earth, in all of my retirement portfolios. As long as Amazon remains undervalued, and the thesis intact, I'll keep buying my highest conviction recommendation of all time.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26138c41ab0116f0498e205dc805fdac\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Andrey Maximenko/iStock via Getty Images</span></p>\n<p>Today the market is highly overvalued, that's no secret.</p>\n<p><img src=\"https://static.tigerbbs.com/18e24a9282a0c7af30d401d5ed681a15\" tg-width=\"640\" tg-height=\"450\" referrerpolicy=\"no-referrer\"></p>\n<p>That means that future returns are likely to be far lower than the 14% CAGR investors have enjoyed over the last decade.</p>\n<p>For context, here's the return potential of the 32% overvalued S&P 500.</p>\n<p>S&P 500 2023 Consensus Total Return Potential</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/481b800cee26ad73776bc42cf540679d\" tg-width=\"640\" tg-height=\"393\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>S&P 500 2026 Consensus Total Return Potential</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e2b09f0029e80868b3d337a6be1fc31\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>Even the venerable dividend aristocrats, which historically outperform the S&P 500 by 2% annually, are only expected to deliver about 6% CAGR total returns over the next five years.</p>\n<p>But fear not, because it's always a market of stocks and not a stock market.</p>\n<p>No matter what kind of investor you are, yield, value, quality, low volatility, maximum returns, ESG, etc., something great is always on sale, if you know where to look.</p>\n<p>Today I wanted to highlight Amazon (AMZN), my highest conviction recommendation ever.</p>\n<p>Not only does Amazon represent a wonderful company at a wonderful price, but there are three reasons why the world's greatest hyper-growth Ultra SWAN could nearly quadruple in the next five years.</p>\n<p>That's right, 26% CAGR consensus return potential, even with the market 32% overvalued.</p>\n<p><b>Amazon Total Returns Since 1998</b></p>\n<p><img src=\"https://static.tigerbbs.com/6c15e1e4749f2958e4c6ceadaa33dc04\" tg-width=\"640\" tg-height=\"122\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5c3c729def2c82b8dcae89d9df47e27d\" tg-width=\"640\" tg-height=\"296\" referrerpolicy=\"no-referrer\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4b3df52b3968b654af4d086cd03c49b8\" tg-width=\"640\" tg-height=\"297\" referrerpolicy=\"no-referrer\"><span>(Source: Portfolio Visualizer)</span></p>\n<p>That's actually the returns Amazon investors have seen with clockwork-like regularity over the past 20 years.</p>\n<p>But wait, it gets better. Not only does Amazon have the potential to deliver Buffett-line returns over the next five years, but it's also likely to become one of the greatest dividend growth blue-chips in the world. In fact, Amazon is eventually likely to become the biggest dividend payer in world history.</p>\n<p>So here are the three reasons why I've invested almost $250,000 into Amazon across my retirement portfolios, on the way to eventually investing millions into what I call my \"Jeff Bezos retirement plan\".</p>\n<p><b>Reason 1: Exceptional Quality And Safety</b></p>\n<p>My motto is \"Safety and quality first, and prudent valuation and sound risk management always.\"</p>\n<p>The Dividend King's overall quality scores factor in 188 fundamental metrics covering.</p>\n<ul>\n <li><p>dividend safety</p></li>\n <li><p>balance sheet strength</p></li>\n <li><p>short and long-term bankruptcy risk</p></li>\n <li><p>accounting and corporate fraud risk</p></li>\n <li><p>profitability and business model</p></li>\n <li><p>growth consensus estimates</p></li>\n <li><p>cost of capital</p></li>\n <li><p>long-term sustainability (ESG scores and trends from MSCI, Morningstar, S&P, FactSet, and Reuters'/Refinitiv)</p></li>\n <li><p>management quality</p></li>\n <li><p>dividend friendly corporate culture/income dependability</p></li>\n <li><p>long-term total returns (a Ben Graham sign of quality)</p></li>\n</ul>\n<p>It actually includes over 1,000 metrics if you count everything factored in by nine rating agencies we use to assess fundamental risk.</p>\n<p>How do we know that our safety and quality model works well?</p>\n<p>During the 2 worst recessions in 75 years, our safety model predicted 6 blue-chip dividend cuts on the Phoenix list.</p>\n<p>There were 5, meaning we did very well during the ultimate baptism by fire for any dividend safety model.</p>\n<p>And then there's the confirmation that our quality ratings are very accurate.</p>\n<p>In the past decade, just 42% of all stocks made money, including dividends.</p>\n<p><img src=\"https://static.tigerbbs.com/77887d92a577c923463c57ecaf5e5e13\" tg-width=\"640\" tg-height=\"388\" referrerpolicy=\"no-referrer\"></p>\n<p>100% Of Phoenix Recs, Past And Present, Have Made Money Over The Last Decade</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9dee2e8b4c6e8be93ea54ae3da22414a\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"><span>(Seeking Alpha)</span></p>\n<p><img src=\"https://static.tigerbbs.com/f2e89af3183b9baba5d0614dfe8b9338\" tg-width=\"640\" tg-height=\"244\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8ec31ba1dd7e5dbd09d18f343d6b9965\" tg-width=\"640\" tg-height=\"276\" referrerpolicy=\"no-referrer\"></p>\n<p>DK Phoenix: A Great Blue-Chip Stock Picking System</p>\n<table>\n <tbody>\n <tr>\n <td><b>Metric</b></td>\n <td><b>US Stocks</b></td>\n <td><b>Phoenix</b></td>\n </tr>\n <tr>\n <td>Positive Total Returns Over The Last 10 Years</td>\n <td>42%</td>\n <td>100%</td>\n </tr>\n <tr>\n <td>Lost Money/Went Bankrupt</td>\n <td>47%</td>\n <td>0%</td>\n </tr>\n <tr>\n <td>Outperformed Market</td>\n <td>36%</td>\n <td>52%</td>\n </tr>\n <tr>\n <td>Bankruptcies Over The Last 10 Years</td>\n <td>11%</td>\n <td>0%</td>\n </tr>\n <tr>\n <td>Permanent 70+% Catastrophic Decline</td>\n <td>40%</td>\n <td>0%</td>\n </tr>\n </tbody>\n</table>\n<p><i>(Sources: Morningstar, JPMorgan Asset Management, FactSet, Seeking Alpha)</i></p>\n<p>Basically, historical market data confirms that the DK safety and quality model is one of the most comprehensive and accurate in the world.</p>\n<p>Picking stocks is hard unless you have a comprehensive and accurate way of measuring risk, valuation, and long-term return potential, which DK Phoenix most certainly does.</p>\n<p>This is why I entrust 100% of my life savings to this model and the DK Phoenix strategy.</p>\n<p><b>Balance Sheet Safety</b></p>\n<table>\n <tbody>\n <tr>\n <td><b>Rating</b></td>\n <td><b>Dividend Kings Safety Score (110 Safety Metric Model)</b></td>\n <td><b>Approximate Dividend Cut Risk (Average Recession)</b></td>\n <td><p><b>Approximate Dividend Cut Risk In Pandemic Level Recession</b></p></td>\n </tr>\n <tr>\n <td>1 (unsafe)</td>\n <td>0% to 20%</td>\n <td>over 4%</td>\n <td>16+%</td>\n </tr>\n <tr>\n <td>2 (below- average)</td>\n <td>21% to 40%</td>\n <td>over 2%</td>\n <td>8% to 16%</td>\n </tr>\n <tr>\n <td>3 (average)</td>\n <td>41% to 60%</td>\n <td>2%</td>\n <td>4% to 8%</td>\n </tr>\n <tr>\n <td>4 (safe)</td>\n <td>61% to 80%</td>\n <td>1%</td>\n <td>2% to 4%</td>\n </tr>\n <tr>\n <td>5 (very safe)</td>\n <td>81% to 100%</td>\n <td>0.5%</td>\n <td>1% to 2%</td>\n </tr>\n <tr>\n <td><b>AMZN</b></td>\n <td><b>88%</b></td>\n <td><b>A+ top AA credit ratings</b></td>\n <td><b>0.6% to 0.51% 30-year default/bankruptcy risk</b></td>\n </tr>\n </tbody>\n</table>\n<p><b>Long-Term Dependability</b></p>\n<table>\n <tbody>\n <tr>\n <td><b>Company</b></td>\n <td><b>DK Long-Term Dependability Score</b></td>\n <td><b>Interpretation</b></td>\n <td><b>Points</b></td>\n </tr>\n <tr>\n <td>S&P 500/Industry Average</td>\n <td>60%</td>\n <td>Average Dependability</td>\n <td>2</td>\n </tr>\n <tr>\n <td>Non-Dependable Companies</td>\n <td>29% or below</td>\n <td>Poor Dependability</td>\n <td>1</td>\n </tr>\n <tr>\n <td>Relatively Dependable Companies</td>\n <td>29% to 64%</td>\n <td>Below to Above-Average Dependability</td>\n <td>2</td>\n </tr>\n <tr>\n <td>Very Dependable Companies</td>\n <td>65% to 79%</td>\n <td>Very Dependable</td>\n <td>3</td>\n </tr>\n <tr>\n <td>Exceptionally Dependable Companies</td>\n <td>80% or higher</td>\n <td>Exceptional Dependability</td>\n <td>4</td>\n </tr>\n <tr>\n <td><b>AMZN</b></td>\n <td><b>80%</b></td>\n <td><b>Exceptional Dependability</b></td>\n <td><b>4</b></td>\n </tr>\n </tbody>\n</table>\n<p><b>Overall Quality</b></p>\n<table>\n <tbody>\n <tr>\n <td><b>AMZN</b></td>\n <td><b>Final Score</b></td>\n <td><b>Rating</b></td>\n </tr>\n <tr>\n <td>Safety</td>\n <td>88%</td>\n <td>5/5</td>\n </tr>\n <tr>\n <td>Business Model</td>\n <td>80%</td>\n <td>3/3</td>\n </tr>\n <tr>\n <td>Dependability</td>\n <td>80%</td>\n <td>4/4</td>\n </tr>\n <tr>\n <td><b>Total</b></td>\n <td><b>83%</b></td>\n <td><b>12/12 Ultra SWAN</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: DK Safety & Quality Tool) updated daily, sorted by overall quality</i></p>\n<p>The DK 500 Master List includes the world's highest quality companies including:</p>\n<ul>\n <li><p>All dividend champions</p></li>\n <li><p>All dividend aristocrats</p></li>\n <li><p>All dividend kings</p></li>\n <li><p>All global aristocrats (such as BTI, ENB, and NVS)</p></li>\n <li><p>All 12/12 Ultra Swans (as close to perfect quality as exists on Wall Street)</p></li>\n</ul>\n<p>AMZN: 123rd Highest Quality Master List Company (Out of 517) = 76th Percentile</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc4fcd0e53ed517cc20402f12043cb4b\" tg-width=\"640\" tg-height=\"241\" referrerpolicy=\"no-referrer\"><span>(Source: DK Safety & Quality Tool) updated daily, sorted by overall quality</span></p>\n<p>AMZN's 83% quality score means its similar in quality to such 11/12 Super Swans and 12/12 Ultra SWANs as:</p>\n<ul>\n <li>Merck (MRK)</li>\n <li>Cardinal Health (CAH) - dividend aristocrat</li>\n <li>Costco (COST)</li>\n <li>General Mills (GIS)</li>\n <li>Nestle (OTCPK:NSRGY)</li>\n <li>Medtronic (MDT) - dividend aristocrat</li>\n <li>Atmos Energy (ATO) - dividend aristocrat</li>\n <li>BlackRock (BLK)</li>\n <li>Alphabet (GOOG)</li>\n <li>Enbridge (ENB) - global aristocrat</li>\n <li>AbbVie (ABBV) - dividend aristocrat</li>\n <li>Berkshire Hathaway (BRK.B)</li>\n</ul>\n<p>Today AMZN is of higher quality than 76% of the world's most elite companies.</p>\n<p>What makes Amazon so high quality?</p>\n<p>Let's start with its fortress balance sheet.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3642bcde8d34e336b32513a8b667b10\" tg-width=\"590\" tg-height=\"636\" referrerpolicy=\"no-referrer\"><span>(Source: GuruFocus Premium)</span></p>\n<p>Amazon's advanced accounting and solvency metrics all confirm almost zero short and long-term bankruptcy risk. They also confirm a significantly below 17.5% chance of accounting fraud.</p>\n<p>These are numbers we can trust, and that's verified by not one, not two, but all three major credit rating agencies.</p>\n<p>Amazon Consensus Credit Rating</p>\n<table>\n <tbody>\n <tr>\n <td><b>Rating Agency</b></td>\n <td><b>Credit Rating</b></td>\n <td><b>30-Year Default/Bankruptcy Risk</b></td>\n <td><b>Chance of Losing 100% Of Your Investment 1 In</b></td>\n </tr>\n <tr>\n <td>S&P</td>\n <td>AA stable outlook</td>\n <td>0.51%</td>\n <td>196.1</td>\n </tr>\n <tr>\n <td>Fitch</td>\n <td>AA- stable outlook</td>\n <td>0.55%</td>\n <td>181.8</td>\n </tr>\n <tr>\n <td>Moody's</td>\n <td>A1 (A+ equivalent) stable outlook</td>\n <td>0.67%</td>\n <td>149.3</td>\n </tr>\n <tr>\n <td><b>Consensus</b></td>\n <td><b>AA- stable outlook</b></td>\n <td><b>0.58%</b></td>\n <td><b>173.4</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Sources: S&P, Fitch, Moody's)</i></p>\n<p>Warren Buffett defines fundamental risk as the probability of losing 100% of your investment, because of bankruptcy.</p>\n<p>Jeff Bezos himself has said that his main goal is to push back Amazon's eventual bankruptcy for as long as possible.</p>\n<p>According to the rating agencies, he's done a masterful job of that, because the chance of Amazon going bankrupt over the next 30 years is 1 in 173.</p>\n<p>The Bond Market Absolutely LOVES Amazon</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e8d391ae0a66f0a0a7097c951a829db\" tg-width=\"640\" tg-height=\"641\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<ul>\n <li>$81 billion in liquidity</li>\n <li>1.96% average borrowing cost</li>\n <li>\"smart money\" on Wall Street, bond investors, are willing to lend to Amazon for 40 years at under 3%</li>\n <li>better terms than even the US treasury can get</li>\n</ul>\n<p>But wait, it gets better.</p>\n<p>AMZN Balance Sheet Consensus Forecast</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>Debt/EBITDA (3.0 Or Less Safe According To Rating Agencies)</b></td>\n <td><b>Net Debt/EBITDA</b></td>\n <td><p><b>Interest Coverage (8+ Safe)</b></p></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>0.56</td>\n <td>-0.09</td>\n <td>13.90</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>0.42</td>\n <td>-0.90</td>\n <td>21.00</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>0.33</td>\n <td>-1.21</td>\n <td>27.63</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>0.27</td>\n <td>-1.52</td>\n <td>37.61</td>\n </tr>\n <tr>\n <td>2024</td>\n <td>0.21</td>\n <td>-1.97</td>\n <td>47.99</td>\n </tr>\n <tr>\n <td>2025</td>\n <td>0.17</td>\n <td>-2.14</td>\n <td>58.03</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>0.14</td>\n <td>-2.24</td>\n <td>79.57</td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<ul>\n <li>$501 billion consensus net cash by 2026</li>\n</ul>\n<p>Leverage Safety Credit Rating Guidelines For Most Companies</p>\n<table>\n <tbody>\n <tr>\n <td><b>Credit Rating</b></td>\n <td><b>Safe Debt/EBITDA For Most Companies</b></td>\n <td><b>30-Year Default/Bankruptcy Risk</b></td>\n </tr>\n <tr>\n <td>BBB</td>\n <td>3.0 or less</td>\n <td>7.50%</td>\n </tr>\n <tr>\n <td>A-</td>\n <td>2.5 or less</td>\n <td>2.50%</td>\n </tr>\n <tr>\n <td>A</td>\n <td>2.0 or less</td>\n <td>0.66%</td>\n </tr>\n <tr>\n <td>A+</td>\n <td>1.8 or less</td>\n <td>0.60%</td>\n </tr>\n <tr>\n <td>AA</td>\n <td>1.5 or less</td>\n <td>0.51%</td>\n </tr>\n <tr>\n <td>AAA</td>\n <td>1.1 or less</td>\n <td>0.07%</td>\n </tr>\n </tbody>\n</table>\n<ul>\n <li>S&P recently upgraded AMZN from AA- to AA</li>\n <li>the company is on track to join JNJ and MSFT as the only AAA-rated companies in America</li>\n</ul>\n<p>Within a few years, Amazon could have three AAA-stable credit ratings, tying Microsoft (MSFT) for the strongest balance sheet in corporate America (JNJ has an AAA-negative outlook from Moody's).</p>\n<p>But quality only begins with a strong balance sheet and low fundamental risk.</p>\n<blockquote>\n <b>We assign Amazon an Exemplary Capital Allocation rating.</b>\n</blockquote>\n<blockquote>\n The rating reflects our assessments of a sound balance sheet, exceptional investments, and appropriate shareholder distributions...\n</blockquote>\n<blockquote>\n <b>Management’s track record of investing in areas that investors were initially skeptical of but were ultimately vindicated has been remarkable.</b>..The results have been breathtaking.\n</blockquote>\n<blockquote>\n From humble beginnings, Mr. Bezos has built Amazon into one of the largest companies in the world. On the e-commerce side, the company has evolved from selling books to selling everything, including groceries, delivering purchases the same day they are ordered, and moving into retail categories that were long thought to be beyond the reach of online shopping.\n</blockquote>\n<blockquote>\n The stickiness of Prime members, the financial stability of subscriptions, the tech world shakeup via AWS, the Kindle—the innovation has been dramatic, and shareholders have been rewarded along the way. Ultimately,\n <b>we assess investment as exceptional.</b>\n</blockquote>\n<blockquote>\n Amazon’s capital deployment strategy centers around re-investing in the business and making generally small tuck-in acquisitions.\n <b>The company does not pay a dividend or repurchase shares, nor do we expect them to over the next several years.\"</b>- Morningstar (emphasis added)\n</blockquote>\n<p>I define management quality by long-term capital allocation, as measured by profitability vs peers, as well as the dividend track record (for dividend stocks), and long-term total returns. And on that front, I agree with Morningstar 100% that Amazon has exceptional management quality.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78d42b9bed2737674895bbf058e91e51\" tg-width=\"595\" tg-height=\"597\" referrerpolicy=\"no-referrer\"><span>(Source: GuruFocus Premium)</span></p>\n<p>Amazon's profitability is historically in the top 20% of peers, confirming the wide and stable moat.</p>\n<p><img src=\"https://static.tigerbbs.com/a345405475408a1636a0de9514dd4c7c\" tg-width=\"640\" tg-height=\"390\" referrerpolicy=\"no-referrer\"></p>\n<p>And like Morningstar, I expect Amazon to keep plowing its rivers of profits back into more growth. When you're generating 19% cash returns on invested capital the best thing to do is slam the growth pedal to the floor.</p>\n<p>And that's exactly what analysts expect Amazon to do.</p>\n<p>AMZN Growth Spending Consensus Forecast</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>SG&A</b></td>\n <td><b>R&D</b></td>\n <td><b>Capex</b></td>\n <td><b>Total Growth Spending</b></td>\n <td><b>Sales</b></td>\n <td><p><b>Growth Spending/Sales</b></p></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>$28,677</td>\n <td>$37,677</td>\n <td>$35,046</td>\n <td>$72,723</td>\n <td>$386,064</td>\n <td>18.84%</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$34,316</td>\n <td>$54,529</td>\n <td>$38,722</td>\n <td>$93,251</td>\n <td>$489,008</td>\n <td>19.07%</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>$41,429</td>\n <td>$60,706</td>\n <td>$39,328</td>\n <td>$100,034</td>\n <td>$580,286</td>\n <td>17.24%</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>$48,702</td>\n <td>$66,794</td>\n <td>$39,666</td>\n <td>$106,460</td>\n <td>$675,490</td>\n <td>15.76%</td>\n </tr>\n <tr>\n <td>2024</td>\n <td>$50,575</td>\n <td>$75,326</td>\n <td>$45,823</td>\n <td>$121,149</td>\n <td>$771,718</td>\n <td>15.70%</td>\n </tr>\n <tr>\n <td>2025</td>\n <td>$55,270</td>\n <td>$81,758</td>\n <td>$47,416</td>\n <td>$129,174</td>\n <td>$870,208</td>\n <td>14.84%</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>$60,083</td>\n <td>$88,553</td>\n <td>$49,390</td>\n <td>$137,943</td>\n <td>$1,010,120</td>\n <td>13.66%</td>\n </tr>\n <tr>\n <td><b>Annualized Growth</b></td>\n <td><b>13.12%</b></td>\n <td><b>15.31%</b></td>\n <td><b>5.88%</b></td>\n <td><b>11.26%</b></td>\n <td><b>17.39%</b></td>\n <td><b>-5.77%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p><img src=\"https://static.tigerbbs.com/7c36f1c1784191679b319b1e3fe6a2ce\" tg-width=\"640\" tg-height=\"390\" referrerpolicy=\"no-referrer\"></p>\n<p>Amazon's hiring binge, which has seen its workforce grow 37% CAGR since 1994, is expected to continue.</p>\n<p>Within a few years, Amazon is likely to surpass Walmart as the largest private employer in America.</p>\n<p>Eventually, it could surpass the Federal Government as the largest employer in America, and one day Amazon could even be the largest employer on earth.</p>\n<p>R&D spending is expected to reach almost $90 billion by 2026. Amazon is already the #1 company on earth when it comes to investing in innovation and new products. And that R&D spending is expected to double within 5 years.</p>\n<p>Growth capex is expected to reach nearly $50 billion by 2026, as Amazon continues maximizing its logistical capabilities. For context, today Amazon has 57 fulfillment centers... in Philadelphia alone!</p>\n<p>Amazon has 77 planes in its Amazon Air businesses and soon it will have85.</p>\n<p>In 2021 Amazon is expected to open a $1.5 billion air hub in Kentucky. For most companies, a $1.5 billion investment would be a huge deal. For Amazon, it's about 5% of its consensus 2021 capex.</p>\n<p>In 2019 Amazon had 60,000 trucks delivering its packages, and the company hasordered 100,000 electric trucks, which would nearly triple its delivery fleet, already one of the largest on earth.</p>\n<p>Globally, Amazon is making inroads into dozens of countries, including India where Bezos says the goal is to create over 1 million direct and indirect jobs by 2025 alone.</p>\n<p>There are few companies on earth as capital intensive as Amazon is today. And yet its returns on capital are still industry-leading and improving rapidly.</p>\n<p>AMZN TTM Profitability Vs Peers</p>\n<table>\n <tbody>\n <tr>\n <td><b>Metric</b></td>\n <td><b>Industry Percentile</b></td>\n <td><b>Major Cyclical Retailers More Profitable Than AMZN (Out of 1058)</b></td>\n </tr>\n <tr>\n <td>Operating Margin</td>\n <td>66.48</td>\n <td>355</td>\n </tr>\n <tr>\n <td>Net Margin</td>\n <td>76.16</td>\n <td>252</td>\n </tr>\n <tr>\n <td>Return On Equity</td>\n <td>90.94</td>\n <td>96</td>\n </tr>\n <tr>\n <td>Return On Assets</td>\n <td>85.77</td>\n <td>151</td>\n </tr>\n <tr>\n <td>Return On Capital</td>\n <td>75.61</td>\n <td>258</td>\n </tr>\n <tr>\n <td><b>Average</b></td>\n <td><b>78.99</b></td>\n <td><b>222</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: GuruFocus Premium)</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae20a3b7d6ae4faf5259f28d2c3b0ec9\" tg-width=\"640\" tg-height=\"287\" referrerpolicy=\"no-referrer\"><span>(Source: GuruFocus Premium)</span></p>\n<p>ROC = Joel Greenblatt's gold standard proxy for quality and moatiness.</p>\n<p>Earnings before interest and taxes/all the money it takes to run the business.</p>\n<p>historically ROC about 2X that of its peers.</p>\n<table>\n <tbody>\n <tr>\n <td><b>Dividend Kings Watchlist</b></td>\n <td><b>Average ROC</b></td>\n </tr>\n <tr>\n <td>S&P 500</td>\n <td>13%</td>\n </tr>\n <tr>\n <td>Dividend Champions</td>\n <td>83%</td>\n </tr>\n <tr>\n <td>Dividend Aristocrats</td>\n <td>85%</td>\n </tr>\n <tr>\n <td>Dividend Kings</td>\n <td>87%</td>\n </tr>\n <tr>\n <td>Strong ESG</td>\n <td>83%</td>\n </tr>\n <tr>\n <td>Ultra SWANs</td>\n <td>87%</td>\n </tr>\n <tr>\n <td>Low Volatility</td>\n <td>87%</td>\n </tr>\n <tr>\n <td>DK 500 Master List</td>\n <td>106%</td>\n </tr>\n <tr>\n <td>Foreign Dividend Stocks</td>\n <td>125%</td>\n </tr>\n <tr>\n <td>Hyper-Growth</td>\n <td>154%</td>\n </tr>\n </tbody>\n</table>\n<p>You'd think that all that growth spending would cause profit margins to shrink, but Amazon's economies of scale are so large, that profitability is expected to explode in the coming years.</p>\n<p>AMZN Profit Margin Consensus Forecast</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>FCF Margin</b></td>\n <td><b>EBITDA Margin</b></td>\n <td><b>EBIT (Operating) Margin</b></td>\n <td><b>Net Margin</b></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>8.0%</td>\n <td>14.8%</td>\n <td>5.9%</td>\n <td>5.5%</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>7.7%</td>\n <td>15.4%</td>\n <td>7.0%</td>\n <td>5.8%</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>10.2%</td>\n <td>16.2%</td>\n <td>8.1%</td>\n <td>6.6%</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>11.7%</td>\n <td>17.1%</td>\n <td>9.6%</td>\n <td>7.8%</td>\n </tr>\n <tr>\n <td>2024</td>\n <td>14.2%</td>\n <td>19.1%</td>\n <td>11.0%</td>\n <td>9.1%</td>\n </tr>\n <tr>\n <td>2025</td>\n <td>16.1%</td>\n <td>20.7%</td>\n <td>12.1%</td>\n <td>10.6%</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>17.0%</td>\n <td>22.2%</td>\n <td>14.7%</td>\n <td>12.3%</td>\n </tr>\n <tr>\n <td><b>Annualized Growth</b></td>\n <td><b>13.26%</b></td>\n <td><b>6.92%</b></td>\n <td><b>16.27%</b></td>\n <td><b>14.20%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>FCF margins are expected to more than double. Operating margins are expected to nearly triple.</p>\n<p>Amazon's 2026 consensus ROC is 60% to 68%, which is 8x its industry peers and 5x that of the S&P 500.</p>\n<p>What on earth can have analysts so bullish about Amazon's profitability prospects?</p>\n<p>Amazon Web Services Consensus Profitability Forecast</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>AWS Consensus Sales</b></td>\n <td><b>AWS Consensus Operating Income</b></td>\n <td><b>AWS Consensus EBITDA</b></td>\n <td><b>AWS Consensus Operating Margin</b></td>\n <td><p><b>AWS Consensus EBITDA Margin</b></p></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>$45,370</td>\n <td>$13,531</td>\n <td>$29,063</td>\n <td>29.82%</td>\n <td>64.06%</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$58,450</td>\n <td>$17,450</td>\n <td>$35,900</td>\n <td>29.85%</td>\n <td>61.42%</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>$72,988</td>\n <td>$22,285</td>\n <td>$41,969</td>\n <td>30.53%</td>\n <td>57.50%</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>$91,683</td>\n <td>$28,743</td>\n <td>$49,991</td>\n <td>31.35%</td>\n <td>54.53%</td>\n </tr>\n <tr>\n <td>2024</td>\n <td>$110,174</td>\n <td>$39,370</td>\n <td>$58,906</td>\n <td>35.73%</td>\n <td>53.47%</td>\n </tr>\n <tr>\n <td>2025</td>\n <td>$131,980</td>\n <td>$50,362</td>\n <td>NA</td>\n <td>38.16%</td>\n <td>NA</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>$151,749</td>\n <td>$63,982</td>\n <td>NA</td>\n <td>42.16%</td>\n <td>NA</td>\n </tr>\n <tr>\n <td><b>Annualized Growth</b></td>\n <td><b>22.29%</b></td>\n <td><b>29.56%</b></td>\n <td><b>19.32%</b></td>\n <td><b>5.94%</b></td>\n <td><b>-4.42%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>Amazon Web Services is the largest cloud computing provider on earth, and those sales are expected to grow at over 22% annually through 2026.</p>\n<p>If AWS were its own business in 2021, it would be ranked #53 on the Fortune 500, larger than Boeing.</p>\n<p><img src=\"https://static.tigerbbs.com/ef66bfecf31ba5368e9e483ff2c0b9fc\" tg-width=\"434\" tg-height=\"954\" referrerpolicy=\"no-referrer\"></p>\n<p>By 2026, AWS's $152 billion in sales, would make it #15 on the Fortune 500.</p>\n<p>Operating margins at AWS are expected to increase by 40% in the next five years. And that's despite Amazon steadily reducing cloud computing prices as it has more than 70 times already.</p>\n<p>But there is an even better business Amazon runs, with 70% operating margins according to analyst firm Piper Jaffray.</p>\n<p>Amazon Advertising Consensus Growth Forecast</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>Advertising Revenue</b></td>\n <td><b>Total Sales</b></td>\n <td><p><b>Advertising As % Of Sales</b></p></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>$15,730</td>\n <td>$386,064</td>\n <td>4.07%</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$25,862</td>\n <td>$489,008</td>\n <td>5.29%</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>$33,809</td>\n <td>$580,286</td>\n <td>5.83%</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>$49,722</td>\n <td>$675,490</td>\n <td>7.36%</td>\n </tr>\n <tr>\n <td><b>Annualized Growth</b></td>\n <td><b>46.76%</b></td>\n <td><b>17.39%</b></td>\n <td><b>21.79%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>The Wall Street Journal estimates Amazon generated $16 billion in ad revenue in 2020, #3 in the world behind Alphabet (GOOG) and Facebook (FB). That's 77% growth in advertising revenue in 2020, a terrible year for the advertising industry.</p>\n<p>That ad business is expected to grow like a weed, more than tripling by 2023 alone.</p>\n<p>In fact, by 2023, about 1/15th of Amazon's revenue is expected to be from digital ads.</p>\n<p><img src=\"https://static.tigerbbs.com/0ffdf852b07773d55e7615de35404d3a\" tg-width=\"640\" tg-height=\"508\" referrerpolicy=\"no-referrer\"></p>\n<p>In 2020 Amazon had 10.3% of the digital ad market, up from 7.8% the year before.</p>\n<p><img src=\"https://static.tigerbbs.com/3866ce2e9c2c12dd34acca1982f6a04b\" tg-width=\"609\" tg-height=\"669\" referrerpolicy=\"no-referrer\"></p>\n<p>eMarketer estimates Amazon is already #2 in search ad spending revenue.</p>\n<blockquote>\n This year, Amazon will control 76.2% of the nearly $24 billion e-commerce channel ad market. For comparison, No. 2 Walmart will capture just 6.5% of the market.\" - eMarketer\n</blockquote>\n<p>AWS + Advertising Consensus Growth Forecast</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>Advertising Revenue</b></td>\n <td><b>AWS Revenue</b></td>\n <td><b>AWS + Advertising Revenue</b></td>\n <td><b>Total Sales</b></td>\n <td><p><b>AWS + Advertising/Sales</b></p></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>$15,730</td>\n <td>$45,370</td>\n <td>$61,100</td>\n <td>$386,064</td>\n <td>15.83%</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$25,862</td>\n <td>$58,450</td>\n <td>$84,312</td>\n <td>$489,008</td>\n <td>17.24%</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>$33,809</td>\n <td>$72,988</td>\n <td>$106,797</td>\n <td>$580,286</td>\n <td>18.40%</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>$49,722</td>\n <td>$91,683</td>\n <td>$141,405</td>\n <td>$675,490</td>\n <td>20.93%</td>\n </tr>\n <tr>\n <td><b>Annualized Growth</b></td>\n <td><b>46.76%</b></td>\n <td><b>22.29%</b></td>\n <td><b>32.27%</b></td>\n <td><b>17.39%</b></td>\n <td><b>9.77%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>Advertising and AWS are the most lucrative parts of its business and those are expected to grow at 32% annually through 2023, and makeup 1/5th of company sales.</p>\n<p>And those sales are themselves growing at incredible rates, thanks to Amazon's other businesses.</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>Online Stores</b></td>\n <td><b>Physical Stores</b></td>\n <td><b>3rd Party Sellers</b></td>\n <td><b>Subscription Services</b></td>\n <td><b>AWS</b></td>\n <td><b>Advertising</b></td>\n <td><b>Other</b></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>$197,349</td>\n <td>$16,224</td>\n <td>$80,437</td>\n <td>$25,207</td>\n <td>$45,370</td>\n <td>$15,730</td>\n <td>$21,477</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$247,062</td>\n <td>$16,271</td>\n <td>$105,072</td>\n <td>$32,067</td>\n <td>$58,450</td>\n <td>$25,862</td>\n <td>$32,329</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>$291,435</td>\n <td>$16,818</td>\n <td>$128,177</td>\n <td>$38,992</td>\n <td>$72,988</td>\n <td>$33,809</td>\n <td>$42,937</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>$307,114</td>\n <td>$17,128</td>\n <td>$155,835</td>\n <td>$44,961</td>\n <td>$91,683</td>\n <td>$49,722</td>\n <td>$52,000</td>\n </tr>\n <tr>\n <td>2024</td>\n <td>$318,497</td>\n <td>$16,750</td>\n <td>$169,642</td>\n <td>$52,868</td>\n <td>$110,174</td>\n <td>NA</td>\n <td>$63,637</td>\n </tr>\n <tr>\n <td>2025</td>\n <td>$473,794</td>\n <td>$19,738</td>\n <td>$189,999</td>\n <td>$58,948</td>\n <td>$131,980</td>\n <td>NA</td>\n <td>$67,563</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n <td>$151,749</td>\n <td>NA</td>\n <td>NA</td>\n </tr>\n <tr>\n <td><b>Annual Growth</b></td>\n <td><b>19.14%</b></td>\n <td><b>4.00%</b></td>\n <td><b>18.76%</b></td>\n <td><b>18.52%</b></td>\n <td><b>22.29%</b></td>\n <td><b>46.76%</b></td>\n <td><b>25.76%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>What's included in Amazon's \"other\" businesses, which are expected to generate almost $68 billion in sales by 2025?</p>\n<p>Amazon is an empire with</p>\n<blockquote>\n over 40 subsidiaries, including Audible, Diapers.com, Goodreads, IMDb, Kiva Systems (now Amazon Robotics), Shopbop, TeachStreet, Twitch, and Zappos. -Wikipedia\n</blockquote>\n<p>That motley collection of companies is growing at 25% and by 2026 would be #46 on the Fortune 500.</p>\n<p>The bottom line is Amazon is a glorious empire that combines into one of the world's highest quality and fundamentally safest companies.</p>\n<p>It's also one of the fastest-growing.</p>\n<p><b>Reason 2: Long-Term Growth Potential To Make Grown Men Weep With Joy</b></p>\n<p>What does 17% organic revenue growth combined with extreme multiple expansion get you?</p>\n<p>AMZN Profit Growth Consensus Forecast</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>Sales</b></td>\n <td><b>FCF</b></td>\n <td><b>EBITDA</b></td>\n <td><b>EBIT (Operating Income)</b></td>\n <td><b>Net Income</b></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>$386,064</td>\n <td>$31,018</td>\n <td>$57,284</td>\n <td>$22,899</td>\n <td>$21,331</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$489,008</td>\n <td>$37,694</td>\n <td>$75,241</td>\n <td>$34,341</td>\n <td>$28,601</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>$580,286</td>\n <td>$59,368</td>\n <td>$94,093</td>\n <td>$46,944</td>\n <td>$38,122</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>$675,490</td>\n <td>$79,188</td>\n <td>$115,214</td>\n <td>$64,923</td>\n <td>$52,538</td>\n </tr>\n <tr>\n <td>2024</td>\n <td>$771,718</td>\n <td>$109,720</td>\n <td>$147,249</td>\n <td>$84,987</td>\n <td>$70,026</td>\n </tr>\n <tr>\n <td>2025</td>\n <td>$870,208</td>\n <td>$140,055</td>\n <td>$180,369</td>\n <td>$105,028</td>\n <td>$92,641</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>$1,010,120</td>\n <td>$171,309</td>\n <td>$223,941</td>\n <td>$148,007</td>\n <td>$123,781</td>\n </tr>\n <tr>\n <td><b>Annualized Growth</b></td>\n <td><b>17.39%</b></td>\n <td><b>32.95%</b></td>\n <td><b>25.51%</b></td>\n <td><b>36.48%</b></td>\n <td><b>34.05%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>How about 33% CAGR FCF growth and 34% CAGR profit growth?</p>\n<p>Worried about higher corporate taxes in 2022? Jeff Bezos isn't and analysts are already baking that into their consensus estimates.</p>\n<p>AMZN Tax Consensus Forecast</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>Operating Income</b></td>\n <td><b>Tax Costs</b></td>\n <td><b>Tax Rate</b></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>$22,899</td>\n <td>$2,863</td>\n <td>12.50%</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$34,341</td>\n <td>$6,588</td>\n <td>19.18%</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>$46,944</td>\n <td>$8,364</td>\n <td>17.82%</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>$64,923</td>\n <td>$11,723</td>\n <td>18.06%</td>\n </tr>\n <tr>\n <td>2024</td>\n <td>$84,987</td>\n <td>$15,707</td>\n <td>18.48%</td>\n </tr>\n <tr>\n <td>2025</td>\n <td>$105,028</td>\n <td>$19,933</td>\n <td>18.98%</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>$148,007</td>\n <td>$25,665</td>\n <td>17.34%</td>\n </tr>\n <tr>\n <td><b>Annualized Growth</b></td>\n <td><b>36.48%</b></td>\n <td><b>44.13%</b></td>\n <td><b>5.60%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>Amazon's extreme growth spending is expected to keep its tax rate far below the 25% or so that most analysts now expect beyond 2021.</p>\n<p>That still means a $26 billion tax bill in 2026. Gone forever are the days of Amazon paying no taxes. But by 2026 Amazon is expected to become the largest single corporate taxpayer in the world, likely neutralizing claims that its \"not paying its fair share\".</p>\n<p>How much should investors fear taxes? Not much, because look at the growth estimates for Amazon for the next few years.</p>\n<p>Amazon's Medium-Term Growth Consensus</p>\n<table>\n <tbody>\n <tr>\n <td><b>Metric</b></td>\n <td><b>2021 Growth Consensus</b></td>\n <td><b>2022 Growth Consensus</b></td>\n <td><b>2023 Growth Consensus</b></td>\n <td><b>2024 Growth Consensus</b></td>\n <td><b>2025 Growth Consensus</b></td>\n <td><p><b>2026 Growth Consensus</b></p></td>\n </tr>\n <tr>\n <td>Sales</td>\n <td>27%</td>\n <td>19%</td>\n <td>16%</td>\n <td>14%</td>\n <td>13%</td>\n <td>16%</td>\n </tr>\n <tr>\n <td>Earnings</td>\n <td>33%</td>\n <td>30%</td>\n <td>31%</td>\n <td>35%</td>\n <td>31%</td>\n <td>32%</td>\n </tr>\n <tr>\n <td>Owner Earnings (Buffett smoothed out FCF)</td>\n <td>-13%</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n </tr>\n <tr>\n <td>Operating Cash Flow</td>\n <td>14%</td>\n <td>20%</td>\n <td>17%</td>\n <td>43%</td>\n <td>19%</td>\n <td>16%</td>\n </tr>\n <tr>\n <td>Free Cash Flow</td>\n <td>26%</td>\n <td>57%</td>\n <td>23%</td>\n <td>54%</td>\n <td>26%</td>\n <td>21%</td>\n </tr>\n <tr>\n <td>EBITDA</td>\n <td>91%</td>\n <td>23%</td>\n <td>22%</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n </tr>\n <tr>\n <td>EBIT (Operating Income)</td>\n <td>44%</td>\n <td>38%</td>\n <td>32%</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FAST Graphs, FactSet Research Terminal)</i></p>\n<p>Those are mind-blowing growth rates for any company, much less the 2nd largest by revenue in the world.</p>\n<p>And those hyper-growth rates are coming off one of Amazon's best years ever.</p>\n<p>Amazon Was A Big Pandemic Winner</p>\n<table>\n <tbody>\n <tr>\n <td><b>Metric</b></td>\n <td><b>2020 Growth Results</b></td>\n </tr>\n <tr>\n <td>Sales</td>\n <td>38%</td>\n </tr>\n <tr>\n <td>Earnings</td>\n <td>82%</td>\n </tr>\n <tr>\n <td>Owner Earnings (Buffett smoothed out FCF)</td>\n <td>145%</td>\n </tr>\n <tr>\n <td>Operating Cash Flow</td>\n <td>70%</td>\n </tr>\n <tr>\n <td>Free Cash Flow</td>\n <td>18%</td>\n </tr>\n <tr>\n <td>EBITDA</td>\n <td>28%</td>\n </tr>\n <tr>\n <td>EBIT (Operating Income)</td>\n <td>53%</td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FAST Graphs, FactSet Research Terminal)</i></p>\n<p>But what about beyond 2026?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73a38f645a1608f99cc77e6ec072dc8d\" tg-width=\"640\" tg-height=\"105\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<p>Growth consensus range: 26.7% to 38.1% CAGR</p>\n<p><img src=\"https://static.tigerbbs.com/fa1e01b03bef42c7ed38ac2250cff266\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1150e4a88902c36c95997ca434ba5ba2\" tg-width=\"640\" tg-height=\"352\" referrerpolicy=\"no-referrer\"></p>\n<p>The historical margin of error, smoothing for outliers is 20% to the downside, 30% to the upside.</p>\n<p>The historical margin-of-error adjusted growth consensus range is 21% to 50% CAGR.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa93ca51685a573b23f8374d41368a45\" tg-width=\"640\" tg-height=\"445\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>Amazon's growth consensus means analysts expect the growth rate of the last two decades to continue, courtesy of margin expansion.</p>\n<p><b>Why Amazon Is Likely To Eventually Become The Biggest Dividend Payer In World History</b></p>\n<p>Today Amazon doesn't pay a dividend. Morningstar and analysts don't expect it to through at least 2026.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2179922a283d0c3fe0f5d4a90548a023\" tg-width=\"640\" tg-height=\"136\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<p>But guess what? Simple math tells us that one day if Amazon grows as analysts expect, it will almost have no alternative than massive buybacks and dividends that put Apple's (AAPL) to shame.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c76904335d4c5233f9ea5d4b3f7a2a8f\" tg-width=\"640\" tg-height=\"255\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<ul>\n <li>2026 consensus cash pile of $628 billion</li>\n <li>$501 billion net cash</li>\n <li>Apple began its capital returns at $250 billion</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33e6f4534ab69d845938b2fc376c1db3\" tg-width=\"640\" tg-height=\"326\" referrerpolicy=\"no-referrer\"><span>(Source: Apple)</span></p>\n<p>Apple has so far returned $551 billion in cash to investors. By 2026 Amazon's cash pile is expected to be $77 billion larger than that mind-blowing sum.</p>\n<p>AMZN Potential Dividend Consensus Forecast</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>FCF/Share Consensus</b></td>\n <td><b>Dividend Per Share (50% Payout Ratio)</b></td>\n <td><b>Yield On Today's Cost</b></td>\n <td><b>Consensus Yield Potential</b></td>\n <td><b>Analyst Consensus Fair Value Price</b></td>\n </tr>\n <tr>\n <td>2020</td>\n <td>$60.82</td>\n <td>$30.41</td>\n <td>0.87%</td>\n <td>NA</td>\n <td>NA</td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$71.13</td>\n <td>$35.57</td>\n <td>1.02%</td>\n <td>0.84%</td>\n <td>$4,243.20</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>$99.74</td>\n <td>$49.87</td>\n <td>1.42%</td>\n <td>0.88%</td>\n <td>$5,643.44</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>$133.27</td>\n <td>$66.64</td>\n <td>1.90%</td>\n <td>0.98%</td>\n <td>$6,770.26</td>\n </tr>\n <tr>\n <td>2024</td>\n <td>$205.74</td>\n <td>$102.87</td>\n <td>2.94%</td>\n <td>1.08%</td>\n <td>$9,516.45</td>\n </tr>\n <tr>\n <td>2025</td>\n <td>$259.57</td>\n <td>$129.79</td>\n <td>3.70%</td>\n <td>1.12%</td>\n <td>$11,567.10</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>$313.89</td>\n <td>$156.95</td>\n <td>4.48%</td>\n <td>1.15%</td>\n <td>$13,655.48</td>\n </tr>\n <tr>\n <td><b>Annualized Growth</b></td>\n <td><b>31.46%</b></td>\n <td><b>31.46%</b></td>\n <td><b>31.46%</b></td>\n <td><b>6.52%</b></td>\n <td><b>26.33%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>Amazon yielding 1% would be similar to Apple, Microsoft, Visa (V), and Mastercard (MA) today.</p>\n<p>And guess what? If Amazon paid a 50% FCF dividend, then it would still see its cash position grow by almost $200 billion in the next five years.</p>\n<p>AMZN Potential Dividend/Retained Cash Flow Consensus</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>Dividend Consensus</b></td>\n <td><b>FCF/Share Consensus</b></td>\n <td><b>Payout Ratio</b></td>\n <td><b>Retained FCF</b></td>\n <td><b>Buyback Potential</b></td>\n <td><b>Debt Repayment Potential</b></td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$35.57</td>\n <td>$71.13</td>\n <td>50.0%</td>\n <td>$17,925</td>\n <td>1.01%</td>\n <td>56.1%</td>\n </tr>\n <tr>\n <td>2022</td>\n <td>$49.87</td>\n <td>$99.74</td>\n <td>50.0%</td>\n <td>$25,134</td>\n <td>1.42%</td>\n <td>79.8%</td>\n </tr>\n <tr>\n <td>2023</td>\n <td>$66.64</td>\n <td>$133.27</td>\n <td>50.0%</td>\n <td>$33,584</td>\n <td>1.90%</td>\n <td>107.3%</td>\n </tr>\n <tr>\n <td>2024</td>\n <td>$102.87</td>\n <td>$205.74</td>\n <td>50.0%</td>\n <td>$51,846</td>\n <td>2.93%</td>\n <td>167.8%</td>\n </tr>\n <tr>\n <td>2025</td>\n <td>$129.79</td>\n <td>$259.57</td>\n <td>50.0%</td>\n <td>$65,412</td>\n <td>3.70%</td>\n <td>214.6%</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>$156.95</td>\n <td>$313.89</td>\n <td>50.0%</td>\n <td>$79,100</td>\n <td>4.48%</td>\n <td>259.5%</td>\n </tr>\n <tr>\n <td><b>Total 2021 Through 2026</b></td>\n <td><b>$541.67</b></td>\n <td><b>$1,083.34</b></td>\n <td><b>50.0%</b></td>\n <td><b>$193,901.40</b></td>\n <td><b>10.97%</b></td>\n <td><b>606.42%</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>If Amazon began paying out 100% of FCF as buybacks and dividends starting in 2022, then by 2026 its cash pile would be \"just\" $85.5 billion.</p>\n<p>How does a 32% growing dividend with a 1% starting yield, and 2% annual buybacks sound?</p>\n<p>Like $79 billion in annual dividends to all investors, and $8.0 billion to Jeff Bezos personally, by 2026.</p>\n<p>Bezos spends billions each year on Blue Origin (his rocket company) and philanthropy.</p>\n<p>In fact, if Amazon were to pay a 1% dividend this year, that's $1.8 billion to Bezos (and $17.9 billion to the rest of us), pretty much ensuring he never has to sell a single share ever again.</p>\n<p>Would paying those dividends harm Amazon's growth efforts? Not at all. Free cash flow is what's left over after running the business and investing in future growth.</p>\n<p>$171 billion in FCF that analysts expect in 2026 is AFTER $138 billion in growth spending.</p>\n<p>Within a few years, big institutions will likely insist that Amazon do something with its historic mountain of cash.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9830e84590274c519912b4e405af7fb8\" tg-width=\"640\" tg-height=\"264\" referrerpolicy=\"no-referrer\"><span>(Source: GuruFocus Premium)</span></p>\n<p>63% of Amazon is owned by institutional investors, including 12% Vanguard and BlackRock alone. For context, Jeff Bezos owns 10.1% of the company.</p>\n<p>Collecting cash for its own sake is not prudent capital allocation, which is why these big institutions forced Apple to start buying back stock and paying dividends in 2012.</p>\n<p>And that's likely to happen eventually with Amazon.</p>\n<p><b>If Amazon Keeps Growing FCF At 33% CAGR Through 2030</b></p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>FCF</b></td>\n <td><p><b>Cash On The Balance Sheet ($ Millions)</b></p></td>\n </tr>\n <tr>\n <td>2026</td>\n <td>$171,309</td>\n <td>$627,910</td>\n </tr>\n <tr>\n <td>2027</td>\n <td>$227,755</td>\n <td>$855,665</td>\n </tr>\n <tr>\n <td>2028</td>\n <td>$302,801</td>\n <td>$1,158,466</td>\n </tr>\n <tr>\n <td>2029</td>\n <td>$402,574</td>\n <td>$1,561,040</td>\n </tr>\n <tr>\n <td>2030</td>\n <td>$535,221</td>\n <td>$2,096,261</td>\n </tr>\n </tbody>\n</table>\n<p>Even if Amazon's FCF growth rate slows significantly in 2027, by 2030 it will likely have $1+ trillion in cash, barring massive buybacks and dividends.</p>\n<p>What kind of income could Amazon eventually generate? Sufficient for a single share to potentially fund a rich retirement if your time horizon is long enough.</p>\n<p>Amazon Potential Inflation-Adjusted Future Dividends Per Share</p>\n<table>\n <tbody>\n <tr>\n <td><b>Year</b></td>\n <td><b>AMZN Dividend Per Share (10% CAGR Growth)</b></td>\n <td><b>AMZN Dividend Per Share (12.5% CAGR Growth)</b></td>\n <td><b>AMZN Dividend Per Share (15% CAGR Growth)</b></td>\n <td><b>AMZN Dividend Per Share (17.5% CAGR Growth)</b></td>\n <td><p><b>AMZN Dividend Per Share (20% CAGR Growth)</b></p></td>\n </tr>\n <tr>\n <td>2021</td>\n <td>$35.57</td>\n <td>$35.57</td>\n <td>$35.57</td>\n <td>$35.57</td>\n <td>$35.57</td>\n </tr>\n <tr>\n <td>2026</td>\n <td>$52.26</td>\n <td>$58.59</td>\n <td>$65.53</td>\n <td>$73.10</td>\n <td>$81.36</td>\n </tr>\n <tr>\n <td>2031</td>\n <td>$76.78</td>\n <td>$96.53</td>\n <td>$120.73</td>\n <td>$150.26</td>\n <td>$186.14</td>\n </tr>\n <tr>\n <td>2036</td>\n <td>$112.82</td>\n <td>$159.02</td>\n <td>$222.43</td>\n <td>$308.85</td>\n <td>$425.85</td>\n </tr>\n <tr>\n <td>2041</td>\n <td>$165.77</td>\n <td>$261.98</td>\n <td>$409.82</td>\n <td>$634.84</td>\n <td>$974.23</td>\n </tr>\n <tr>\n <td>2046</td>\n <td>$243.57</td>\n <td>$431.60</td>\n <td>$755.06</td>\n <td>$1,304.89</td>\n <td>$2,228.81</td>\n </tr>\n <tr>\n <td>2051</td>\n <td>$357.88</td>\n <td>$711.04</td>\n <td>$1,391.16</td>\n <td>$2,682.15</td>\n <td>$5,098.98</td>\n </tr>\n <tr>\n <td>2056</td>\n <td>$525.84</td>\n <td>$1,171.39</td>\n <td>$2,563.12</td>\n <td>$5,513.05</td>\n <td>$11,665.22</td>\n </tr>\n <tr>\n <td>2061</td>\n <td>$772.63</td>\n <td>$1,929.81</td>\n <td>$4,722.38</td>\n <td>$11,331.89</td>\n <td>$26,687.21</td>\n </tr>\n <tr>\n <td>2066</td>\n <td>$1,135.25</td>\n <td>$3,179.25</td>\n <td>$8,700.67</td>\n <td>$23,292.29</td>\n <td>$61,053.86</td>\n </tr>\n <tr>\n <td>2071</td>\n <td>$1,668.06</td>\n <td>$5,237.65</td>\n <td>$16,030.42</td>\n <td>$47,876.46</td>\n <td>$139,676.45</td>\n </tr>\n </tbody>\n</table>\n<p>A single share of Amazon could, with a long enough time frame, fund a comfortable retirement, with dividends alone.</p>\n<p>For context, the average social security benefit in 2021 is $1,543 per month = $18,516.</p>\n<p>A modest position in Amazon of 14 shares today, under my base case (15% future dividend growth) scenario will equal social security payments within 30 years, adjusted for inflation.</p>\n<p>I own over 73 shares of Amazon and counting which means $1.2 million in potential inflation-adjusted annual dividends in 50 years. This is my Jeff Bezos retirement plan.</p>\n<p><b>Reason 3: A Wonderful Company At A Wonderful Price And The Potential For 290% Returns In The Next 5 Years</b></p>\n<p>With Amazon near its all-time highs, many investors think it must be overvalued. However, its actually 17% undervalued.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d25c26202284b932556a32c78e613d7\" tg-width=\"640\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<ul>\n <li>billions of investors over 20 years have concluded 24 to 26x cash flow is fair value for Amazon</li>\n <li>91% statistical probability this is a reasonable estimate of intrinsic value</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d40651c431f16a1b854c8e11ee99f6ed\" tg-width=\"640\" tg-height=\"338\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<ul>\n <li>23.9x forward cash flow = 0.64 PEG = hyper-growth at a very attractive price</li>\n <li>24.2 EV/EBITDA vs 34.8 13-year median = AMZN potentially 30% undervalued</li>\n</ul>\n<table>\n <tbody>\n <tr>\n <td><b>Metric</b></td>\n <td><b>Historical Fair Value Multiple (13-years)</b></td>\n <td><b>2021</b></td>\n <td><b>2022</b></td>\n <td><b>2023</b></td>\n <td><b>2024</b></td>\n <td><b>2025</b></td>\n <td><b>2026</b></td>\n </tr>\n <tr>\n <td>Owner Earnings (Buffett Smoothed Out FCF)</td>\n <td>26.10</td>\n <td>$4,210.22</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n </tr>\n <tr>\n <td>Operating Cash Flow</td>\n <td>25.10</td>\n <td>$3,714.47</td>\n <td>$4,456.98</td>\n <td>$5,210.94</td>\n <td>$7,885.17</td>\n <td>$9,359.29</td>\n <td>$10,889.13</td>\n </tr>\n <tr>\n <td>Free Cash Flow</td>\n <td>58.32</td>\n <td>$3,748.49</td>\n <td>$5,880.49</td>\n <td>$7,213.57</td>\n <td>$11,998.76</td>\n <td>$15,138.12</td>\n <td>$18,306.06</td>\n </tr>\n <tr>\n <td>EBITDA</td>\n <td>39.96</td>\n <td>$5,911.02</td>\n <td>$7,290.23</td>\n <td>$8,882.35</td>\n <td>NA</td>\n <td>NA</td>\n <td>NA</td>\n </tr>\n <tr>\n <td><b>Average</b></td>\n <td><b>$4,243.20</b></td>\n <td><b>$5,643.44</b></td>\n <td><b>$6,770.26</b></td>\n <td><b>$9,516.45</b></td>\n <td><b>$11,567.10</b></td>\n <td>$13,655.48</td>\n </tr>\n <tr>\n <td>Current Price</td>\n <td>$3,503.82</td>\n </tr>\n <tr>\n <td><p><b>Discount To Fair Value</b></p></td>\n <td><b>17.43%</b></td>\n <td><b>37.91%</b></td>\n <td><b>48.25%</b></td>\n <td><b>63.18%</b></td>\n <td><b>69.71%</b></td>\n <td>74.34%</td>\n </tr>\n <tr>\n <td><b>Upside To Fair Value</b></td>\n <td><b>21.10%</b></td>\n <td><b>61.07%</b></td>\n <td><b>93.23%</b></td>\n <td><b>171.60%</b></td>\n <td><b>230.13%</b></td>\n <td>289.73%</td>\n </tr>\n </tbody>\n</table>\n<ul>\n <li>290% consensus return potential over the next five years</li>\n <li>$13,655 consensus price in 2026</li>\n <li>$6.6 trillion market cap (assuming no buybacks)</li>\n <li>6.6x sales</li>\n <li>26% CAGR consensus return potential</li>\n</ul>\n<table>\n <tbody>\n <tr>\n <td><p><b>Morningstar Fair Value</b></p></td>\n </tr>\n <tr>\n <td>$4,200.00</td>\n </tr>\n <tr>\n <td><p><b>Discount To MS FV Estimate</b></p></td>\n </tr>\n <tr>\n <td><b>16.58%</b></td>\n </tr>\n <tr>\n <td><p>Upside To MS FV</p></td>\n </tr>\n <tr>\n <td>19.87%</td>\n </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n <tr>\n <td><p><b>Analyst Median 12-Month Price Target</b></p></td>\n </tr>\n <tr>\n <td>$4,249.17</td>\n </tr>\n <tr>\n <td><p><b>Discount To Price Target</b></p></td>\n </tr>\n <tr>\n <td><b>17.54%</b></td>\n </tr>\n <tr>\n <td><p>Upside To Price Target</p></td>\n </tr>\n <tr>\n <td>21.27%</td>\n </tr>\n </tbody>\n</table>\n<p>Basically, all the experts agree, AMZN is modestly undervalued, with significantly short-term upside potential, 100% justified by some of the best fundamentals on Wall Street.</p>\n<table>\n <tbody>\n <tr>\n <td><b>Rating</b></td>\n <td><b>Margin Of Safety For 12/12 Ultra SWAN Quality Companies</b></td>\n <td><b>2020 Price</b></td>\n <td><b>2021 Price</b></td>\n <td><b>2022 Price</b></td>\n </tr>\n <tr>\n <td>Potentially Reasonable Buy</td>\n <td>0%</td>\n <td>$3,409.22</td>\n <td>$4,243.20</td>\n <td>$5,643.44</td>\n </tr>\n <tr>\n <td>Potentially Good Buy</td>\n <td>5%</td>\n <td>$3,238.76</td>\n <td>$4,031.04</td>\n <td>$5,361.27</td>\n </tr>\n <tr>\n <td><i><b>Potentially Strong Buy</b></i></td>\n <td><i><b>15%</b></i></td>\n <td><i><b>$2,897.84</b></i></td>\n <td><i><b>$3,606.72</b></i></td>\n <td><i><b>$4,796.92</b></i></td>\n </tr>\n <tr>\n <td>Potentially Very Strong Buy</td>\n <td>25%</td>\n <td>$2,429.07</td>\n <td>$3,182.40</td>\n <td>$4,232.58</td>\n </tr>\n <tr>\n <td>Potentially Ultra-Value Buy</td>\n <td>35%</td>\n <td>$2,216.00</td>\n <td>$2,758.08</td>\n <td>$3,668.23</td>\n </tr>\n <tr>\n <td><b>Currently</b></td>\n <td><b>$3,503.82</b></td>\n <td><b>-2.77%</b></td>\n <td><b>17.43%</b></td>\n <td><b>37.91%</b></td>\n </tr>\n <tr>\n <td><p>Upside To Fair Value (Not Including Dividends)</p></td>\n <td>-2.70%</td>\n <td>21.10%</td>\n <td>61.07%</td>\n </tr>\n </tbody>\n</table>\n<p>AMZN is a potentially strong buy for anyone comfortable with its risk profile.</p>\n<p>And here's what investors buying AMZN today can reasonably expect as far as total returns are concerned.</p>\n<ul>\n <li>5-year consensus return potential range: 18% to 35% CAGR</li>\n</ul>\n<p>AMZN 2023 Consensus Total Return Potential (Using The Most Conservative Metric)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3caa57b1226a0fc30b132d34d01c01b\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>AMZN 2026 Consensus Total Return Potential (Using The Most Conservative Metric)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/258cec5540c56ae6304277f278329aea\" tg-width=\"640\" tg-height=\"393\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>For context, Cathie Wood at ARKK and private equity strive for 15% CAGR total returns over time.</p>\n<ul>\n <li>double your money every 5 years</li>\n</ul>\n<p>ARK Innovation ETF Valuation: 106x Earnings And Rising By The Day</p>\n<p><i>(Source: Morningstar)</i></p>\n<p>106x forward earnings for companies growing at 17.7% CAGR = 6.0 PEG.</p>\n<p>OCF PEG of 2.4 at ARKK.</p>\n<p>AMZN OCF PEG of 0.64.</p>\n<p>ARKK is paying 4x as much for growth as Amazon investors buying today.</p>\n<p>There is a 91% statistical probability that ARKK investors see terrible returns in the coming 10 to 20 years.</p>\n<p>Over the long-term analysts expect:</p>\n<ul>\n <li>0% yield + 37.2% growth = 37.2% CAGR total return potential</li>\n <li>21% to 50% CAGR range</li>\n <li>vs 7.9% S&P 500 and 11.0% aristocrats and 16.5% Nasdaq</li>\n</ul>\n<p>AMZN has consistently delivered 26% to 27 CAGR long-term returns.</p>\n<p>The low end of the 26.7% to 38.1% CAGR growth consensus range.</p>\n<p>AMZN Vs S&P 500 Vs Aristocrats Inflation-Adjusted Long-Term Return Forecast: $1,000 Initial Investment</p>\n<table>\n <tbody>\n <tr>\n <td><b>Time Frame (Years)</b></td>\n <td><b>5.9% LT Inflation-Adjusted Returns (S&P Consensus)</b></td>\n <td><b>9.0% Inflation-Adjusted Returns (Aristocrat consensus)</b></td>\n <td><b>24% Inflation-Adjusted Returns (AMZN historical return)</b></td>\n <td><b>35.2% Inflation-Adjusted Returns (AMZN Consensus)</b></td>\n </tr>\n <tr>\n <td>5</td>\n <td>$1,331.93</td>\n <td>$1,538.62</td>\n <td>$2,931.63</td>\n <td>$4,517.35</td>\n </tr>\n <tr>\n <td>10</td>\n <td>$1,774.02</td>\n <td>$2,367.36</td>\n <td>$8,594.43</td>\n <td><b>$20,406.42</b></td>\n </tr>\n <tr>\n <td>15</td>\n <td>$2,362.87</td>\n <td>$3,642.48</td>\n <td><b>$25,195.63</b></td>\n <td>$92,182.90</td>\n </tr>\n <tr>\n <td>20</td>\n <td>$3,147.16</td>\n <td>$5,604.41</td>\n <td>$73,864.15</td>\n <td>$416,422.16</td>\n </tr>\n <tr>\n <td>25</td>\n <td>$4,191.79</td>\n <td>$8,623.08</td>\n <td>$216,541.99</td>\n <td>$1,881,123.42</td>\n </tr>\n <tr>\n <td>30</td>\n <td>$5,583.14</td>\n <td>$13,267.68</td>\n <td>$634,819.93</td>\n <td>$8,497,687.35</td>\n </tr>\n <tr>\n <td>35</td>\n <td>$7,436.33</td>\n <td>$20,413.97</td>\n <td>$1,861,054.03</td>\n <td>$38,387,002.96</td>\n </tr>\n <tr>\n <td>40</td>\n <td>$9,904.63</td>\n <td>$31,409.42</td>\n <td>$5,455,912.62</td>\n <td>$173,407,415.00</td>\n </tr>\n <tr>\n <td>45</td>\n <td>$13,192.23</td>\n <td>$48,327.29</td>\n <td>$15,994,690.19</td>\n <td>$783,341,476.50</td>\n </tr>\n <tr>\n <td>50</td>\n <td>$17,571.06</td>\n <td>$74,357.52</td>\n <td>$46,890,434.61</td>\n <td>$3,538,625,316.57</td>\n </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n <tr>\n <td><b>Time Frame (Years)</b></td>\n <td><b>Ratio S&P vs Aristocrat Consensus</b></td>\n <td><b>Ratio S&P vs AMZN Historical Return</b></td>\n <td><p><b>Ratio S&P vs AMZN Consensus</b></p></td>\n </tr>\n <tr>\n <td>5</td>\n <td>1.16</td>\n <td>2.20</td>\n <td>3.39</td>\n </tr>\n <tr>\n <td>10</td>\n <td>1.33</td>\n <td>4.84</td>\n <td><b>11.50</b></td>\n </tr>\n <tr>\n <td>15</td>\n <td>1.54</td>\n <td><b>10.66</b></td>\n <td>39.01</td>\n </tr>\n <tr>\n <td>20</td>\n <td>1.78</td>\n <td>23.47</td>\n <td>132.32</td>\n </tr>\n <tr>\n <td>25</td>\n <td>2.06</td>\n <td>51.66</td>\n <td>448.76</td>\n </tr>\n <tr>\n <td>30</td>\n <td>2.38</td>\n <td>113.70</td>\n <td>1522.03</td>\n </tr>\n <tr>\n <td>35</td>\n <td>2.75</td>\n <td>250.27</td>\n <td>5162.09</td>\n </tr>\n <tr>\n <td>40</td>\n <td>3.17</td>\n <td>550.84</td>\n <td>17507.71</td>\n </tr>\n <tr>\n <td>45</td>\n <td>3.66</td>\n <td>1212.43</td>\n <td>59379.01</td>\n </tr>\n <tr>\n <td>50</td>\n <td>4.23</td>\n <td>2668.62</td>\n <td>201389.38</td>\n </tr>\n </tbody>\n</table>\n<p>Over the next 10 to 15 years, Amazon, if it grows as expected, it could deliver 10 to 12x the returns of the S&P 500 and turn $1 into about $20 to $25, in inflation-adjusted terms.</p>\n<p>Risk Profile: Why Amazon Isn't Right For Everyone</p>\n<p>No company is right for everyone, and all have complex risk profiles that investors must understand and be comfortable with.</p>\n<p>Fundamental Risk Profile</p>\n<p><b>We believe that the uncertainty for Amazon is high and that despite being an e-commerce leader, the company faces a variety of risks.</b></p>\n<p>Amazon must protect its leading online retailing position, which can be challenging as consumer preferences change, especially post-COVID-19 (as consumers may revert back to prior behaviors), and traditional retailers bolster their online presence.</p>\n<p>Maintaining an e-commerce edge has pushed the company to make investments in non-traditional areas, such as producing content for its Prime Video subscriptions and building out its own transportation network.</p>\n<p>Similarly, the company must also maintain an attractive value proposition for its third-party sellers. Some of these investment areas have raised investor questions in the past, and we expect management to continue to invest according to its strategy, despite periodic margin pressure from increased spending.</p>\n<p>The company must also continue to invest in new offerings. AWS, transportation, and physical stores (both Amazon branded and Whole Foods) are three notable areas of investment. These decisions require capital allocation and management focus and may play out over a period of years rather than quarters.</p>\n<p><b>Continued international expansion will likely require similar investment and management attention but will also increase exposure to different regulatory environments.</b></p>\n<p>Some countries have instituted or may institute protectionist policies. Even domestically over the last several years, lawmakers from both parties have increasingly focused on the amount of market power large technology companies have accrued.</p>\n<p><b>Antitrust, data privacy, and section 230 have been repeatedly invoked.</b></p>\n<p>From an ESG perspective, data breaches and service outages are a concern for any type of cloud service provider. As a retailer, Amazon has personal information for hundreds of millions of consumers around the world, while AWS hosts proprietary mission critical data for enterprises.\" - Morningstar (emphasis added)</p>\n<ul>\n <li>regulatory/political risk (domestic and international)</li>\n <li>disruption risk from major tech competitors (like GOOG, FB, and MSFT)</li>\n <li>complex ESG risk (such as 150% annual turnover at fulfillment centers)</li>\n</ul>\n<p>Material Financial ESG Risk Analysis: How Large Institutions Measure Total Risk</p>\n<ul>\n <li>5 High-Yield ESG Blue-Chips For A Safe And Prosperous Retirement</li>\n</ul>\n<p>Here is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.</p>\n<p>The bottom line is that ESG is NOT about politics or personal ethical opinions.</p>\n<p>Among institutions that factor ESG into their safety models and ratings are:</p>\n<ul>\n <li>BlackRock</li>\n <li>MSCI</li>\n <li>Morningstar</li>\n <li>Reuters</li>\n <li>S&P</li>\n <li>Fitch</li>\n <li>Moody's</li>\n <li>DBRS</li>\n <li>AM Best</li>\n <li>Bank of America</li>\n <li>Bloomberg</li>\n <li>FactSet Research</li>\n <li>Wells Fargo</li>\n <li>NAREIT</li>\n <li>State Street</li>\n <li>and many, many more</li>\n</ul>\n<p>Quality companies have always practiced ESG risk management long before it was popular among investors.</p>\n<blockquote>\n If you use\n <b>ESG scores that inherently tilts a portfolio to quality.</b>\" - NYU study\n <b>The overlap between ESG, especially measures related to the ‘G’ [or governance], and quality is pretty large.</b>” - Research AffiliatesCompanies with strong ESG profiles may be better positioned for future challenges and experience\n <b>fewer instances of bribery, corruption, and fraud.</b>\" - MSCI (Emphasis added)\n</blockquote>\n<p>Bank of America's research finds that ESG metrics also help improve the long-term profitability and outcomes at companies.</p>\n<blockquote>\n We find that companies with greater gender diversity at the board/management level typically see\n <b>higher ROE and lower earnings risk than peers.</b>Moreover, based on disclosure data from ICE, we find gender diversity in management is associated with a ~20% premium on P/E on an overall and sector-neutral basis.Ethnic and racial workforce diversity shows similarly strong results:\n <b>higher ROE, lower risk, and significant premia on P/E</b>and P/BV.\" - Bank of America (emphasis original)\n</blockquote>\n<p>Dividend Aristocrats Are Strong ESG Companies</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ba2655b83e526b8e213206a1ab9198b\" tg-width=\"640\" tg-height=\"378\" referrerpolicy=\"no-referrer\"><span>(Source: Morningstar)</span></p>\n<p><img src=\"https://static.tigerbbs.com/28a7f31cdc8acde82fce95672b754655\" tg-width=\"1170\" tg-height=\"666\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8bd8a315f9194c3b0d9bcec080ea0bfa\" tg-width=\"900\" tg-height=\"872\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b96207809e8a57c16c394e25bcfeb69f\" tg-width=\"902\" tg-height=\"814\" referrerpolicy=\"no-referrer\"></p>\n<p>Analyst firm McKinsey has done several studies on this topic and concluded that between 25% and 60% of cash flows are affected by ESG risk.</p>\n<p>It also did a meta-analysis of over 2,000 studies and found the ESG risk mitigation was 8X as likely to boost a company’s bottom line as hurt it.</p>\n<p>AMZN's ESG Risk Management Consensus</p>\n<table>\n <tbody>\n <tr>\n <td><b>Rating Agency</b></td>\n <td><b>Industry Percentile</b></td>\n <td><p><b>Rating Agency Classification</b></p></td>\n </tr>\n <tr>\n <td>MSCI</td>\n <td>62.0%</td>\n <td>BBB Average</td>\n </tr>\n <tr>\n <td>Morningstar/Sustainalytics</td>\n <td>0.2%</td>\n <td><p>30.9/100 High Risk</p></td>\n </tr>\n <tr>\n <td>Reuters'/Refinitiv</td>\n <td>98.9%</td>\n <td>Excellent</td>\n </tr>\n <tr>\n <td>S&P</td>\n <td>21.0%</td>\n <td>Very Poor</td>\n </tr>\n <tr>\n <td><b>Consensus</b></td>\n <td><b>45.5%</b></td>\n <td><b>Average</b></td>\n </tr>\n </tbody>\n</table>\n<p><i>(Sources: Morningstar, Reuters'/Refinitiv)</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/383c86f90f296e1f90c7ee721055c42a\" tg-width=\"640\" tg-height=\"258\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<p><img src=\"https://static.tigerbbs.com/9a3948c69cba266c64b5a3b009bf8bf9\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5734b4bb5a582aa664d93b28ff40ac08\" tg-width=\"640\" tg-height=\"288\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/add8dd4cf4f17241a15cf13b0f82bfd1\" tg-width=\"640\" tg-height=\"336\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/c6aee376fed18fa80819cb50999f4abc\" tg-width=\"640\" tg-height=\"171\" referrerpolicy=\"no-referrer\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d01e14a5abc80d7e4def3b61dcc45fa\" tg-width=\"640\" tg-height=\"369\" referrerpolicy=\"no-referrer\"><span>(Source: Morningstar)</span></p>\n<ul>\n <li><p>0.2th percentile for its industry (472nd best out of 473 retailers)</p></li>\n <li><p>39th percentile among all rated companies (14,143)</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c8f0db304e0b3a9935543e509ab1121a\" tg-width=\"640\" tg-height=\"327\"><span>(Source: Reuters'/Refinitiv)</span></p>\n<ul>\n <li>an industry leader in all long-term risk management metrics</li>\n</ul>\n<p>How We Monitor AMZN's Risk Profile</p>\n<ul>\n <li>51 analysts</li>\n <li>3 credit rating agencies</li>\n <li>7 total risk rating agencies</li>\n <li>58 total experts who collectively know this business better than anyone other than management</li>\n</ul>\n<p>Rest assured that if Amazon's thesis weakens, strengthens, or shatters, we'll know about it and so DK members and my SA readers.</p>\n<p><b>Bottom Line: Amazon Is The Ultimate Rich Retirement Dream Stock</b></p>\n<p>My Real Money Phoenix Retirement Portfolio (Tracked Daily In Our Real Money Phoenix Portfolio Tool)</p>\n<p><img src=\"https://static.tigerbbs.com/b8d6d875cd0b73cdf40d8cc66404c656\" tg-width=\"640\" tg-height=\"249\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ac05bb3c7d43680ed5fed99d03a08a2\" tg-width=\"640\" tg-height=\"147\"><span>(Source: Morningstar)</span></p>\n<p>Do you know what ETF or mutual fund offers a 3.5% very safe yield, with 15.5% growth and that's also 13% undervalued? All from a collection of blue-chips that matches the dividend aristocrats for quality and safety?</p>\n<p>None, because only through prudent stock picking and active management can you achieve fundamentals like this.</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><b>DS Phoenix Portfolio Fundamentals</b></td>\n </tr>\n <tr>\n <td><b>Yield</b></td>\n <td><b>3.53%</b></td>\n </tr>\n <tr>\n <td><b>LT Growth Forecast</b></td>\n <td><b>15.51%</b></td>\n </tr>\n <tr>\n <td>Discount To Fair Value</td>\n <td>13%</td>\n </tr>\n <tr>\n <td>5-Year Annual Valuation Boost</td>\n <td>2.82%</td>\n </tr>\n <tr>\n <td><b>5-Year Consensus Total Return Potential</b></td>\n <td><b>21.86%</b></td>\n </tr>\n <tr>\n <td><b>5-Year Risk-Adjusted Expected Total Return</b></td>\n <td><b>15.98%</b></td>\n </tr>\n <tr>\n <td><i><b>LT Consensus Total Return Potential</b></i></td>\n <td><i><b>19.04%</b></i></td>\n </tr>\n <tr>\n <td>S&P 500 5-Year Risk-Adjusted Expected Return</td>\n <td>3.60%</td>\n </tr>\n <tr>\n <td>DK Video Phoenix Risk-Adjusted Return/S&P 500 Risk-Adjusted Expected Return</td>\n <td>4.44</td>\n </tr>\n <tr>\n <td>S&P 500 Consensus LT Total Return Potential</td>\n <td>7.9%</td>\n </tr>\n <tr>\n <td>Dividend Aristocrats Consensus LT Total Return Potential</td>\n <td>11.0%</td>\n </tr>\n <tr>\n <td>DS Phoenix LT Consensus Total Return Potential/S&P 500 Consensus LT Total Return Potential</td>\n <td>2.41</td>\n </tr>\n <tr>\n <td>DS Phoenix LT Consensus Total Return Potential/Dividend Aristocrats Consensus LT Total Return Potential</td>\n <td>1.73</td>\n </tr>\n </tbody>\n</table>\n<p>Amazon is the heart of my 28% growth allocation, and by combining it with high-yield blue-chips, you can have your cake and eat it too.</p>\n<ul>\n <li>8 Safe Dividend Stocks Yielding Over 6%</li>\n</ul>\n<p>If you buy Amazon in equal amounts with something likeBritish American Tobacco(BTI), here is the synthetic company you create.</p>\n<ul>\n <li>4% safe yield growing about 4.3% over time</li>\n <li>growth consensus of 21% CAGR</li>\n <li>33% discount to fair value</li>\n</ul>\n<p>Does that sound like a good way to combine growth, value, and yield? I think so, and that's why I've invested nearly $350,000 into that specific combination so far.</p>\n<p>Amazon is very likely to eventually have to pay a dividend. That's not speculation, its simple math. Big institutional investors simply won't stand for a company amassing a $1+ trillion cash pile.</p>\n<p>That day may be far into the future, possibly 2030 or so.</p>\n<p>But whenever Amazon finally starts paying dividends and buying back stock by the boatload, doesn't matter.</p>\n<p>Long-term investors buying Amazon today for pure growth, quality, and attractive valuation, are likely to be rolling in safe, and exponentially growing income in the years and decades to come.</p>\n<p>While there are many great hyper-growth stocks to choose from, none offer Amazon's incredible combination of quality, safety, growth, valuation, and future dividend potential that can allow a single share to possibly fund a rich retirement.</p>\n<p>That's why I keep buying Amazon steadily, as long as its undervalued and its thesis remains intact.</p>\n<p>If a small position in Amazon today can lead to a rich retirement in a few decades, then imagine how golden our golden years will be, if we own a large position, constructed over many years, and through several market downturns.</p>\n<p>Because to quote Frasier Crane</p>\n<blockquote>\n If less is more, then imagine how much more, more is.\n</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Amazon Could Quadruple Within 5 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Amazon Could Quadruple Within 5 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 21:02 GMT+8 <a href=https://seekingalpha.com/article/4437187-3-reasons-amazon-could-quadruple-within-5-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nImagine a company so wonderful, that a single share bought today, might be able to fund a rich retirement decades from now. Amazon is that company.\nAmazon's empire of businesses, including ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437187-3-reasons-amazon-could-quadruple-within-5-years\">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"},"source_url":"https://seekingalpha.com/article/4437187-3-reasons-amazon-could-quadruple-within-5-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102107523","content_text":"Summary\n\nImagine a company so wonderful, that a single share bought today, might be able to fund a rich retirement decades from now. Amazon is that company.\nAmazon's empire of businesses, including high margin AWS and advertising are expected to drive massive margin expansion leading to 33% annual free cash flow growth through 2026.\n$171 billion in annual free cash flow and $628 billion in cash on the balance sheet, means that Amazon will likely be forced by institutional investors to pay dividends.\nAmazon's 17% discount to fair value, and hyper-growth through 2026, means analysts think it could deliver 290% returns, nearly quadrupling your investment in five years.\nThose 26% CAGR consensus returns are what Amazon has delivered with incredible consistency for over 20 years. Combined with the potential to become the biggest dividend payer in history, Amazon is the ultimate rich retirement dream stock. That's why I've invested almost $250,000 into the best hyper-growth Ultra SWAN on earth, in all of my retirement portfolios. As long as Amazon remains undervalued, and the thesis intact, I'll keep buying my highest conviction recommendation of all time.\n\nAndrey Maximenko/iStock via Getty Images\nToday the market is highly overvalued, that's no secret.\n\nThat means that future returns are likely to be far lower than the 14% CAGR investors have enjoyed over the last decade.\nFor context, here's the return potential of the 32% overvalued S&P 500.\nS&P 500 2023 Consensus Total Return Potential\n(Source: FAST Graphs, FactSet Research)\nS&P 500 2026 Consensus Total Return Potential\n(Source: FAST Graphs, FactSet Research)\nEven the venerable dividend aristocrats, which historically outperform the S&P 500 by 2% annually, are only expected to deliver about 6% CAGR total returns over the next five years.\nBut fear not, because it's always a market of stocks and not a stock market.\nNo matter what kind of investor you are, yield, value, quality, low volatility, maximum returns, ESG, etc., something great is always on sale, if you know where to look.\nToday I wanted to highlight Amazon (AMZN), my highest conviction recommendation ever.\nNot only does Amazon represent a wonderful company at a wonderful price, but there are three reasons why the world's greatest hyper-growth Ultra SWAN could nearly quadruple in the next five years.\nThat's right, 26% CAGR consensus return potential, even with the market 32% overvalued.\nAmazon Total Returns Since 1998\n\n(Source: Portfolio Visualizer)\nThat's actually the returns Amazon investors have seen with clockwork-like regularity over the past 20 years.\nBut wait, it gets better. Not only does Amazon have the potential to deliver Buffett-line returns over the next five years, but it's also likely to become one of the greatest dividend growth blue-chips in the world. In fact, Amazon is eventually likely to become the biggest dividend payer in world history.\nSo here are the three reasons why I've invested almost $250,000 into Amazon across my retirement portfolios, on the way to eventually investing millions into what I call my \"Jeff Bezos retirement plan\".\nReason 1: Exceptional Quality And Safety\nMy motto is \"Safety and quality first, and prudent valuation and sound risk management always.\"\nThe Dividend King's overall quality scores factor in 188 fundamental metrics covering.\n\ndividend safety\nbalance sheet strength\nshort and long-term bankruptcy risk\naccounting and corporate fraud risk\nprofitability and business model\ngrowth consensus estimates\ncost of capital\nlong-term sustainability (ESG scores and trends from MSCI, Morningstar, S&P, FactSet, and Reuters'/Refinitiv)\nmanagement quality\ndividend friendly corporate culture/income dependability\nlong-term total returns (a Ben Graham sign of quality)\n\nIt actually includes over 1,000 metrics if you count everything factored in by nine rating agencies we use to assess fundamental risk.\nHow do we know that our safety and quality model works well?\nDuring the 2 worst recessions in 75 years, our safety model predicted 6 blue-chip dividend cuts on the Phoenix list.\nThere were 5, meaning we did very well during the ultimate baptism by fire for any dividend safety model.\nAnd then there's the confirmation that our quality ratings are very accurate.\nIn the past decade, just 42% of all stocks made money, including dividends.\n\n100% Of Phoenix Recs, Past And Present, Have Made Money Over The Last Decade\n(Seeking Alpha)\n\nDK Phoenix: A Great Blue-Chip Stock Picking System\n\n\n\nMetric\nUS Stocks\nPhoenix\n\n\nPositive Total Returns Over The Last 10 Years\n42%\n100%\n\n\nLost Money/Went Bankrupt\n47%\n0%\n\n\nOutperformed Market\n36%\n52%\n\n\nBankruptcies Over The Last 10 Years\n11%\n0%\n\n\nPermanent 70+% Catastrophic Decline\n40%\n0%\n\n\n\n(Sources: Morningstar, JPMorgan Asset Management, FactSet, Seeking Alpha)\nBasically, historical market data confirms that the DK safety and quality model is one of the most comprehensive and accurate in the world.\nPicking stocks is hard unless you have a comprehensive and accurate way of measuring risk, valuation, and long-term return potential, which DK Phoenix most certainly does.\nThis is why I entrust 100% of my life savings to this model and the DK Phoenix strategy.\nBalance Sheet Safety\n\n\n\nRating\nDividend Kings Safety Score (110 Safety Metric Model)\nApproximate Dividend Cut Risk (Average Recession)\nApproximate Dividend Cut Risk In Pandemic Level Recession\n\n\n1 (unsafe)\n0% to 20%\nover 4%\n16+%\n\n\n2 (below- average)\n21% to 40%\nover 2%\n8% to 16%\n\n\n3 (average)\n41% to 60%\n2%\n4% to 8%\n\n\n4 (safe)\n61% to 80%\n1%\n2% to 4%\n\n\n5 (very safe)\n81% to 100%\n0.5%\n1% to 2%\n\n\nAMZN\n88%\nA+ top AA credit ratings\n0.6% to 0.51% 30-year default/bankruptcy risk\n\n\n\nLong-Term Dependability\n\n\n\nCompany\nDK Long-Term Dependability Score\nInterpretation\nPoints\n\n\nS&P 500/Industry Average\n60%\nAverage Dependability\n2\n\n\nNon-Dependable Companies\n29% or below\nPoor Dependability\n1\n\n\nRelatively Dependable Companies\n29% to 64%\nBelow to Above-Average Dependability\n2\n\n\nVery Dependable Companies\n65% to 79%\nVery Dependable\n3\n\n\nExceptionally Dependable Companies\n80% or higher\nExceptional Dependability\n4\n\n\nAMZN\n80%\nExceptional Dependability\n4\n\n\n\nOverall Quality\n\n\n\nAMZN\nFinal Score\nRating\n\n\nSafety\n88%\n5/5\n\n\nBusiness Model\n80%\n3/3\n\n\nDependability\n80%\n4/4\n\n\nTotal\n83%\n12/12 Ultra SWAN\n\n\n\n(Source: DK Safety & Quality Tool) updated daily, sorted by overall quality\nThe DK 500 Master List includes the world's highest quality companies including:\n\nAll dividend champions\nAll dividend aristocrats\nAll dividend kings\nAll global aristocrats (such as BTI, ENB, and NVS)\nAll 12/12 Ultra Swans (as close to perfect quality as exists on Wall Street)\n\nAMZN: 123rd Highest Quality Master List Company (Out of 517) = 76th Percentile\n(Source: DK Safety & Quality Tool) updated daily, sorted by overall quality\nAMZN's 83% quality score means its similar in quality to such 11/12 Super Swans and 12/12 Ultra SWANs as:\n\nMerck (MRK)\nCardinal Health (CAH) - dividend aristocrat\nCostco (COST)\nGeneral Mills (GIS)\nNestle (OTCPK:NSRGY)\nMedtronic (MDT) - dividend aristocrat\nAtmos Energy (ATO) - dividend aristocrat\nBlackRock (BLK)\nAlphabet (GOOG)\nEnbridge (ENB) - global aristocrat\nAbbVie (ABBV) - dividend aristocrat\nBerkshire Hathaway (BRK.B)\n\nToday AMZN is of higher quality than 76% of the world's most elite companies.\nWhat makes Amazon so high quality?\nLet's start with its fortress balance sheet.\n(Source: GuruFocus Premium)\nAmazon's advanced accounting and solvency metrics all confirm almost zero short and long-term bankruptcy risk. They also confirm a significantly below 17.5% chance of accounting fraud.\nThese are numbers we can trust, and that's verified by not one, not two, but all three major credit rating agencies.\nAmazon Consensus Credit Rating\n\n\n\nRating Agency\nCredit Rating\n30-Year Default/Bankruptcy Risk\nChance of Losing 100% Of Your Investment 1 In\n\n\nS&P\nAA stable outlook\n0.51%\n196.1\n\n\nFitch\nAA- stable outlook\n0.55%\n181.8\n\n\nMoody's\nA1 (A+ equivalent) stable outlook\n0.67%\n149.3\n\n\nConsensus\nAA- stable outlook\n0.58%\n173.4\n\n\n\n(Sources: S&P, Fitch, Moody's)\nWarren Buffett defines fundamental risk as the probability of losing 100% of your investment, because of bankruptcy.\nJeff Bezos himself has said that his main goal is to push back Amazon's eventual bankruptcy for as long as possible.\nAccording to the rating agencies, he's done a masterful job of that, because the chance of Amazon going bankrupt over the next 30 years is 1 in 173.\nThe Bond Market Absolutely LOVES Amazon\n(Source: FactSet Research Terminal)\n\n$81 billion in liquidity\n1.96% average borrowing cost\n\"smart money\" on Wall Street, bond investors, are willing to lend to Amazon for 40 years at under 3%\nbetter terms than even the US treasury can get\n\nBut wait, it gets better.\nAMZN Balance Sheet Consensus Forecast\n\n\n\nYear\nDebt/EBITDA (3.0 Or Less Safe According To Rating Agencies)\nNet Debt/EBITDA\nInterest Coverage (8+ Safe)\n\n\n2020\n0.56\n-0.09\n13.90\n\n\n2021\n0.42\n-0.90\n21.00\n\n\n2022\n0.33\n-1.21\n27.63\n\n\n2023\n0.27\n-1.52\n37.61\n\n\n2024\n0.21\n-1.97\n47.99\n\n\n2025\n0.17\n-2.14\n58.03\n\n\n2026\n0.14\n-2.24\n79.57\n\n\n\n(Source: FactSet Research Terminal)\n\n$501 billion consensus net cash by 2026\n\nLeverage Safety Credit Rating Guidelines For Most Companies\n\n\n\nCredit Rating\nSafe Debt/EBITDA For Most Companies\n30-Year Default/Bankruptcy Risk\n\n\nBBB\n3.0 or less\n7.50%\n\n\nA-\n2.5 or less\n2.50%\n\n\nA\n2.0 or less\n0.66%\n\n\nA+\n1.8 or less\n0.60%\n\n\nAA\n1.5 or less\n0.51%\n\n\nAAA\n1.1 or less\n0.07%\n\n\n\n\nS&P recently upgraded AMZN from AA- to AA\nthe company is on track to join JNJ and MSFT as the only AAA-rated companies in America\n\nWithin a few years, Amazon could have three AAA-stable credit ratings, tying Microsoft (MSFT) for the strongest balance sheet in corporate America (JNJ has an AAA-negative outlook from Moody's).\nBut quality only begins with a strong balance sheet and low fundamental risk.\n\nWe assign Amazon an Exemplary Capital Allocation rating.\n\n\n The rating reflects our assessments of a sound balance sheet, exceptional investments, and appropriate shareholder distributions...\n\n\nManagement’s track record of investing in areas that investors were initially skeptical of but were ultimately vindicated has been remarkable...The results have been breathtaking.\n\n\n From humble beginnings, Mr. Bezos has built Amazon into one of the largest companies in the world. On the e-commerce side, the company has evolved from selling books to selling everything, including groceries, delivering purchases the same day they are ordered, and moving into retail categories that were long thought to be beyond the reach of online shopping.\n\n\n The stickiness of Prime members, the financial stability of subscriptions, the tech world shakeup via AWS, the Kindle—the innovation has been dramatic, and shareholders have been rewarded along the way. Ultimately,\n we assess investment as exceptional.\n\n\n Amazon’s capital deployment strategy centers around re-investing in the business and making generally small tuck-in acquisitions.\n The company does not pay a dividend or repurchase shares, nor do we expect them to over the next several years.\"- Morningstar (emphasis added)\n\nI define management quality by long-term capital allocation, as measured by profitability vs peers, as well as the dividend track record (for dividend stocks), and long-term total returns. And on that front, I agree with Morningstar 100% that Amazon has exceptional management quality.\n(Source: GuruFocus Premium)\nAmazon's profitability is historically in the top 20% of peers, confirming the wide and stable moat.\n\nAnd like Morningstar, I expect Amazon to keep plowing its rivers of profits back into more growth. When you're generating 19% cash returns on invested capital the best thing to do is slam the growth pedal to the floor.\nAnd that's exactly what analysts expect Amazon to do.\nAMZN Growth Spending Consensus Forecast\n\n\n\nYear\nSG&A\nR&D\nCapex\nTotal Growth Spending\nSales\nGrowth Spending/Sales\n\n\n2020\n$28,677\n$37,677\n$35,046\n$72,723\n$386,064\n18.84%\n\n\n2021\n$34,316\n$54,529\n$38,722\n$93,251\n$489,008\n19.07%\n\n\n2022\n$41,429\n$60,706\n$39,328\n$100,034\n$580,286\n17.24%\n\n\n2023\n$48,702\n$66,794\n$39,666\n$106,460\n$675,490\n15.76%\n\n\n2024\n$50,575\n$75,326\n$45,823\n$121,149\n$771,718\n15.70%\n\n\n2025\n$55,270\n$81,758\n$47,416\n$129,174\n$870,208\n14.84%\n\n\n2026\n$60,083\n$88,553\n$49,390\n$137,943\n$1,010,120\n13.66%\n\n\nAnnualized Growth\n13.12%\n15.31%\n5.88%\n11.26%\n17.39%\n-5.77%\n\n\n\n(Source: FactSet Research Terminal)\n\nAmazon's hiring binge, which has seen its workforce grow 37% CAGR since 1994, is expected to continue.\nWithin a few years, Amazon is likely to surpass Walmart as the largest private employer in America.\nEventually, it could surpass the Federal Government as the largest employer in America, and one day Amazon could even be the largest employer on earth.\nR&D spending is expected to reach almost $90 billion by 2026. Amazon is already the #1 company on earth when it comes to investing in innovation and new products. And that R&D spending is expected to double within 5 years.\nGrowth capex is expected to reach nearly $50 billion by 2026, as Amazon continues maximizing its logistical capabilities. For context, today Amazon has 57 fulfillment centers... in Philadelphia alone!\nAmazon has 77 planes in its Amazon Air businesses and soon it will have85.\nIn 2021 Amazon is expected to open a $1.5 billion air hub in Kentucky. For most companies, a $1.5 billion investment would be a huge deal. For Amazon, it's about 5% of its consensus 2021 capex.\nIn 2019 Amazon had 60,000 trucks delivering its packages, and the company hasordered 100,000 electric trucks, which would nearly triple its delivery fleet, already one of the largest on earth.\nGlobally, Amazon is making inroads into dozens of countries, including India where Bezos says the goal is to create over 1 million direct and indirect jobs by 2025 alone.\nThere are few companies on earth as capital intensive as Amazon is today. And yet its returns on capital are still industry-leading and improving rapidly.\nAMZN TTM Profitability Vs Peers\n\n\n\nMetric\nIndustry Percentile\nMajor Cyclical Retailers More Profitable Than AMZN (Out of 1058)\n\n\nOperating Margin\n66.48\n355\n\n\nNet Margin\n76.16\n252\n\n\nReturn On Equity\n90.94\n96\n\n\nReturn On Assets\n85.77\n151\n\n\nReturn On Capital\n75.61\n258\n\n\nAverage\n78.99\n222\n\n\n\n(Source: GuruFocus Premium)\n(Source: GuruFocus Premium)\nROC = Joel Greenblatt's gold standard proxy for quality and moatiness.\nEarnings before interest and taxes/all the money it takes to run the business.\nhistorically ROC about 2X that of its peers.\n\n\n\nDividend Kings Watchlist\nAverage ROC\n\n\nS&P 500\n13%\n\n\nDividend Champions\n83%\n\n\nDividend Aristocrats\n85%\n\n\nDividend Kings\n87%\n\n\nStrong ESG\n83%\n\n\nUltra SWANs\n87%\n\n\nLow Volatility\n87%\n\n\nDK 500 Master List\n106%\n\n\nForeign Dividend Stocks\n125%\n\n\nHyper-Growth\n154%\n\n\n\nYou'd think that all that growth spending would cause profit margins to shrink, but Amazon's economies of scale are so large, that profitability is expected to explode in the coming years.\nAMZN Profit Margin Consensus Forecast\n\n\n\nYear\nFCF Margin\nEBITDA Margin\nEBIT (Operating) Margin\nNet Margin\n\n\n2020\n8.0%\n14.8%\n5.9%\n5.5%\n\n\n2021\n7.7%\n15.4%\n7.0%\n5.8%\n\n\n2022\n10.2%\n16.2%\n8.1%\n6.6%\n\n\n2023\n11.7%\n17.1%\n9.6%\n7.8%\n\n\n2024\n14.2%\n19.1%\n11.0%\n9.1%\n\n\n2025\n16.1%\n20.7%\n12.1%\n10.6%\n\n\n2026\n17.0%\n22.2%\n14.7%\n12.3%\n\n\nAnnualized Growth\n13.26%\n6.92%\n16.27%\n14.20%\n\n\n\n(Source: FactSet Research Terminal)\nFCF margins are expected to more than double. Operating margins are expected to nearly triple.\nAmazon's 2026 consensus ROC is 60% to 68%, which is 8x its industry peers and 5x that of the S&P 500.\nWhat on earth can have analysts so bullish about Amazon's profitability prospects?\nAmazon Web Services Consensus Profitability Forecast\n\n\n\nYear\nAWS Consensus Sales\nAWS Consensus Operating Income\nAWS Consensus EBITDA\nAWS Consensus Operating Margin\nAWS Consensus EBITDA Margin\n\n\n2020\n$45,370\n$13,531\n$29,063\n29.82%\n64.06%\n\n\n2021\n$58,450\n$17,450\n$35,900\n29.85%\n61.42%\n\n\n2022\n$72,988\n$22,285\n$41,969\n30.53%\n57.50%\n\n\n2023\n$91,683\n$28,743\n$49,991\n31.35%\n54.53%\n\n\n2024\n$110,174\n$39,370\n$58,906\n35.73%\n53.47%\n\n\n2025\n$131,980\n$50,362\nNA\n38.16%\nNA\n\n\n2026\n$151,749\n$63,982\nNA\n42.16%\nNA\n\n\nAnnualized Growth\n22.29%\n29.56%\n19.32%\n5.94%\n-4.42%\n\n\n\n(Source: FactSet Research Terminal)\nAmazon Web Services is the largest cloud computing provider on earth, and those sales are expected to grow at over 22% annually through 2026.\nIf AWS were its own business in 2021, it would be ranked #53 on the Fortune 500, larger than Boeing.\n\nBy 2026, AWS's $152 billion in sales, would make it #15 on the Fortune 500.\nOperating margins at AWS are expected to increase by 40% in the next five years. And that's despite Amazon steadily reducing cloud computing prices as it has more than 70 times already.\nBut there is an even better business Amazon runs, with 70% operating margins according to analyst firm Piper Jaffray.\nAmazon Advertising Consensus Growth Forecast\n\n\n\nYear\nAdvertising Revenue\nTotal Sales\nAdvertising As % Of Sales\n\n\n2020\n$15,730\n$386,064\n4.07%\n\n\n2021\n$25,862\n$489,008\n5.29%\n\n\n2022\n$33,809\n$580,286\n5.83%\n\n\n2023\n$49,722\n$675,490\n7.36%\n\n\nAnnualized Growth\n46.76%\n17.39%\n21.79%\n\n\n\n(Source: FactSet Research Terminal)\nThe Wall Street Journal estimates Amazon generated $16 billion in ad revenue in 2020, #3 in the world behind Alphabet (GOOG) and Facebook (FB). That's 77% growth in advertising revenue in 2020, a terrible year for the advertising industry.\nThat ad business is expected to grow like a weed, more than tripling by 2023 alone.\nIn fact, by 2023, about 1/15th of Amazon's revenue is expected to be from digital ads.\n\nIn 2020 Amazon had 10.3% of the digital ad market, up from 7.8% the year before.\n\neMarketer estimates Amazon is already #2 in search ad spending revenue.\n\n This year, Amazon will control 76.2% of the nearly $24 billion e-commerce channel ad market. For comparison, No. 2 Walmart will capture just 6.5% of the market.\" - eMarketer\n\nAWS + Advertising Consensus Growth Forecast\n\n\n\nYear\nAdvertising Revenue\nAWS Revenue\nAWS + Advertising Revenue\nTotal Sales\nAWS + Advertising/Sales\n\n\n2020\n$15,730\n$45,370\n$61,100\n$386,064\n15.83%\n\n\n2021\n$25,862\n$58,450\n$84,312\n$489,008\n17.24%\n\n\n2022\n$33,809\n$72,988\n$106,797\n$580,286\n18.40%\n\n\n2023\n$49,722\n$91,683\n$141,405\n$675,490\n20.93%\n\n\nAnnualized Growth\n46.76%\n22.29%\n32.27%\n17.39%\n9.77%\n\n\n\n(Source: FactSet Research Terminal)\nAdvertising and AWS are the most lucrative parts of its business and those are expected to grow at 32% annually through 2023, and makeup 1/5th of company sales.\nAnd those sales are themselves growing at incredible rates, thanks to Amazon's other businesses.\n\n\n\nYear\nOnline Stores\nPhysical Stores\n3rd Party Sellers\nSubscription Services\nAWS\nAdvertising\nOther\n\n\n2020\n$197,349\n$16,224\n$80,437\n$25,207\n$45,370\n$15,730\n$21,477\n\n\n2021\n$247,062\n$16,271\n$105,072\n$32,067\n$58,450\n$25,862\n$32,329\n\n\n2022\n$291,435\n$16,818\n$128,177\n$38,992\n$72,988\n$33,809\n$42,937\n\n\n2023\n$307,114\n$17,128\n$155,835\n$44,961\n$91,683\n$49,722\n$52,000\n\n\n2024\n$318,497\n$16,750\n$169,642\n$52,868\n$110,174\nNA\n$63,637\n\n\n2025\n$473,794\n$19,738\n$189,999\n$58,948\n$131,980\nNA\n$67,563\n\n\n2026\nNA\nNA\nNA\nNA\n$151,749\nNA\nNA\n\n\nAnnual Growth\n19.14%\n4.00%\n18.76%\n18.52%\n22.29%\n46.76%\n25.76%\n\n\n\n(Source: FactSet Research Terminal)\nWhat's included in Amazon's \"other\" businesses, which are expected to generate almost $68 billion in sales by 2025?\nAmazon is an empire with\n\n over 40 subsidiaries, including Audible, Diapers.com, Goodreads, IMDb, Kiva Systems (now Amazon Robotics), Shopbop, TeachStreet, Twitch, and Zappos. -Wikipedia\n\nThat motley collection of companies is growing at 25% and by 2026 would be #46 on the Fortune 500.\nThe bottom line is Amazon is a glorious empire that combines into one of the world's highest quality and fundamentally safest companies.\nIt's also one of the fastest-growing.\nReason 2: Long-Term Growth Potential To Make Grown Men Weep With Joy\nWhat does 17% organic revenue growth combined with extreme multiple expansion get you?\nAMZN Profit Growth Consensus Forecast\n\n\n\nYear\nSales\nFCF\nEBITDA\nEBIT (Operating Income)\nNet Income\n\n\n2020\n$386,064\n$31,018\n$57,284\n$22,899\n$21,331\n\n\n2021\n$489,008\n$37,694\n$75,241\n$34,341\n$28,601\n\n\n2022\n$580,286\n$59,368\n$94,093\n$46,944\n$38,122\n\n\n2023\n$675,490\n$79,188\n$115,214\n$64,923\n$52,538\n\n\n2024\n$771,718\n$109,720\n$147,249\n$84,987\n$70,026\n\n\n2025\n$870,208\n$140,055\n$180,369\n$105,028\n$92,641\n\n\n2026\n$1,010,120\n$171,309\n$223,941\n$148,007\n$123,781\n\n\nAnnualized Growth\n17.39%\n32.95%\n25.51%\n36.48%\n34.05%\n\n\n\n(Source: FactSet Research Terminal)\nHow about 33% CAGR FCF growth and 34% CAGR profit growth?\nWorried about higher corporate taxes in 2022? Jeff Bezos isn't and analysts are already baking that into their consensus estimates.\nAMZN Tax Consensus Forecast\n\n\n\nYear\nOperating Income\nTax Costs\nTax Rate\n\n\n2020\n$22,899\n$2,863\n12.50%\n\n\n2021\n$34,341\n$6,588\n19.18%\n\n\n2022\n$46,944\n$8,364\n17.82%\n\n\n2023\n$64,923\n$11,723\n18.06%\n\n\n2024\n$84,987\n$15,707\n18.48%\n\n\n2025\n$105,028\n$19,933\n18.98%\n\n\n2026\n$148,007\n$25,665\n17.34%\n\n\nAnnualized Growth\n36.48%\n44.13%\n5.60%\n\n\n\n(Source: FactSet Research Terminal)\nAmazon's extreme growth spending is expected to keep its tax rate far below the 25% or so that most analysts now expect beyond 2021.\nThat still means a $26 billion tax bill in 2026. Gone forever are the days of Amazon paying no taxes. But by 2026 Amazon is expected to become the largest single corporate taxpayer in the world, likely neutralizing claims that its \"not paying its fair share\".\nHow much should investors fear taxes? Not much, because look at the growth estimates for Amazon for the next few years.\nAmazon's Medium-Term Growth Consensus\n\n\n\nMetric\n2021 Growth Consensus\n2022 Growth Consensus\n2023 Growth Consensus\n2024 Growth Consensus\n2025 Growth Consensus\n2026 Growth Consensus\n\n\nSales\n27%\n19%\n16%\n14%\n13%\n16%\n\n\nEarnings\n33%\n30%\n31%\n35%\n31%\n32%\n\n\nOwner Earnings (Buffett smoothed out FCF)\n-13%\nNA\nNA\nNA\nNA\nNA\n\n\nOperating Cash Flow\n14%\n20%\n17%\n43%\n19%\n16%\n\n\nFree Cash Flow\n26%\n57%\n23%\n54%\n26%\n21%\n\n\nEBITDA\n91%\n23%\n22%\nNA\nNA\nNA\n\n\nEBIT (Operating Income)\n44%\n38%\n32%\nNA\nNA\nNA\n\n\n\n(Source: FAST Graphs, FactSet Research Terminal)\nThose are mind-blowing growth rates for any company, much less the 2nd largest by revenue in the world.\nAnd those hyper-growth rates are coming off one of Amazon's best years ever.\nAmazon Was A Big Pandemic Winner\n\n\n\nMetric\n2020 Growth Results\n\n\nSales\n38%\n\n\nEarnings\n82%\n\n\nOwner Earnings (Buffett smoothed out FCF)\n145%\n\n\nOperating Cash Flow\n70%\n\n\nFree Cash Flow\n18%\n\n\nEBITDA\n28%\n\n\nEBIT (Operating Income)\n53%\n\n\n\n(Source: FAST Graphs, FactSet Research Terminal)\nBut what about beyond 2026?\n(Source: FactSet Research Terminal)\nGrowth consensus range: 26.7% to 38.1% CAGR\n\nThe historical margin of error, smoothing for outliers is 20% to the downside, 30% to the upside.\nThe historical margin-of-error adjusted growth consensus range is 21% to 50% CAGR.\n(Source: FAST Graphs, FactSet Research)\nAmazon's growth consensus means analysts expect the growth rate of the last two decades to continue, courtesy of margin expansion.\nWhy Amazon Is Likely To Eventually Become The Biggest Dividend Payer In World History\nToday Amazon doesn't pay a dividend. Morningstar and analysts don't expect it to through at least 2026.\n(Source: FactSet Research Terminal)\nBut guess what? Simple math tells us that one day if Amazon grows as analysts expect, it will almost have no alternative than massive buybacks and dividends that put Apple's (AAPL) to shame.\n(Source: FactSet Research Terminal)\n\n2026 consensus cash pile of $628 billion\n$501 billion net cash\nApple began its capital returns at $250 billion\n\n(Source: Apple)\nApple has so far returned $551 billion in cash to investors. By 2026 Amazon's cash pile is expected to be $77 billion larger than that mind-blowing sum.\nAMZN Potential Dividend Consensus Forecast\n\n\n\nYear\nFCF/Share Consensus\nDividend Per Share (50% Payout Ratio)\nYield On Today's Cost\nConsensus Yield Potential\nAnalyst Consensus Fair Value Price\n\n\n2020\n$60.82\n$30.41\n0.87%\nNA\nNA\n\n\n2021\n$71.13\n$35.57\n1.02%\n0.84%\n$4,243.20\n\n\n2022\n$99.74\n$49.87\n1.42%\n0.88%\n$5,643.44\n\n\n2023\n$133.27\n$66.64\n1.90%\n0.98%\n$6,770.26\n\n\n2024\n$205.74\n$102.87\n2.94%\n1.08%\n$9,516.45\n\n\n2025\n$259.57\n$129.79\n3.70%\n1.12%\n$11,567.10\n\n\n2026\n$313.89\n$156.95\n4.48%\n1.15%\n$13,655.48\n\n\nAnnualized Growth\n31.46%\n31.46%\n31.46%\n6.52%\n26.33%\n\n\n\n(Source: FactSet Research Terminal)\nAmazon yielding 1% would be similar to Apple, Microsoft, Visa (V), and Mastercard (MA) today.\nAnd guess what? If Amazon paid a 50% FCF dividend, then it would still see its cash position grow by almost $200 billion in the next five years.\nAMZN Potential Dividend/Retained Cash Flow Consensus\n\n\n\nYear\nDividend Consensus\nFCF/Share Consensus\nPayout Ratio\nRetained FCF\nBuyback Potential\nDebt Repayment Potential\n\n\n2021\n$35.57\n$71.13\n50.0%\n$17,925\n1.01%\n56.1%\n\n\n2022\n$49.87\n$99.74\n50.0%\n$25,134\n1.42%\n79.8%\n\n\n2023\n$66.64\n$133.27\n50.0%\n$33,584\n1.90%\n107.3%\n\n\n2024\n$102.87\n$205.74\n50.0%\n$51,846\n2.93%\n167.8%\n\n\n2025\n$129.79\n$259.57\n50.0%\n$65,412\n3.70%\n214.6%\n\n\n2026\n$156.95\n$313.89\n50.0%\n$79,100\n4.48%\n259.5%\n\n\nTotal 2021 Through 2026\n$541.67\n$1,083.34\n50.0%\n$193,901.40\n10.97%\n606.42%\n\n\n\n(Source: FactSet Research Terminal)\nIf Amazon began paying out 100% of FCF as buybacks and dividends starting in 2022, then by 2026 its cash pile would be \"just\" $85.5 billion.\nHow does a 32% growing dividend with a 1% starting yield, and 2% annual buybacks sound?\nLike $79 billion in annual dividends to all investors, and $8.0 billion to Jeff Bezos personally, by 2026.\nBezos spends billions each year on Blue Origin (his rocket company) and philanthropy.\nIn fact, if Amazon were to pay a 1% dividend this year, that's $1.8 billion to Bezos (and $17.9 billion to the rest of us), pretty much ensuring he never has to sell a single share ever again.\nWould paying those dividends harm Amazon's growth efforts? Not at all. Free cash flow is what's left over after running the business and investing in future growth.\n$171 billion in FCF that analysts expect in 2026 is AFTER $138 billion in growth spending.\nWithin a few years, big institutions will likely insist that Amazon do something with its historic mountain of cash.\n(Source: GuruFocus Premium)\n63% of Amazon is owned by institutional investors, including 12% Vanguard and BlackRock alone. For context, Jeff Bezos owns 10.1% of the company.\nCollecting cash for its own sake is not prudent capital allocation, which is why these big institutions forced Apple to start buying back stock and paying dividends in 2012.\nAnd that's likely to happen eventually with Amazon.\nIf Amazon Keeps Growing FCF At 33% CAGR Through 2030\n\n\n\nYear\nFCF\nCash On The Balance Sheet ($ Millions)\n\n\n2026\n$171,309\n$627,910\n\n\n2027\n$227,755\n$855,665\n\n\n2028\n$302,801\n$1,158,466\n\n\n2029\n$402,574\n$1,561,040\n\n\n2030\n$535,221\n$2,096,261\n\n\n\nEven if Amazon's FCF growth rate slows significantly in 2027, by 2030 it will likely have $1+ trillion in cash, barring massive buybacks and dividends.\nWhat kind of income could Amazon eventually generate? Sufficient for a single share to potentially fund a rich retirement if your time horizon is long enough.\nAmazon Potential Inflation-Adjusted Future Dividends Per Share\n\n\n\nYear\nAMZN Dividend Per Share (10% CAGR Growth)\nAMZN Dividend Per Share (12.5% CAGR Growth)\nAMZN Dividend Per Share (15% CAGR Growth)\nAMZN Dividend Per Share (17.5% CAGR Growth)\nAMZN Dividend Per Share (20% CAGR Growth)\n\n\n2021\n$35.57\n$35.57\n$35.57\n$35.57\n$35.57\n\n\n2026\n$52.26\n$58.59\n$65.53\n$73.10\n$81.36\n\n\n2031\n$76.78\n$96.53\n$120.73\n$150.26\n$186.14\n\n\n2036\n$112.82\n$159.02\n$222.43\n$308.85\n$425.85\n\n\n2041\n$165.77\n$261.98\n$409.82\n$634.84\n$974.23\n\n\n2046\n$243.57\n$431.60\n$755.06\n$1,304.89\n$2,228.81\n\n\n2051\n$357.88\n$711.04\n$1,391.16\n$2,682.15\n$5,098.98\n\n\n2056\n$525.84\n$1,171.39\n$2,563.12\n$5,513.05\n$11,665.22\n\n\n2061\n$772.63\n$1,929.81\n$4,722.38\n$11,331.89\n$26,687.21\n\n\n2066\n$1,135.25\n$3,179.25\n$8,700.67\n$23,292.29\n$61,053.86\n\n\n2071\n$1,668.06\n$5,237.65\n$16,030.42\n$47,876.46\n$139,676.45\n\n\n\nA single share of Amazon could, with a long enough time frame, fund a comfortable retirement, with dividends alone.\nFor context, the average social security benefit in 2021 is $1,543 per month = $18,516.\nA modest position in Amazon of 14 shares today, under my base case (15% future dividend growth) scenario will equal social security payments within 30 years, adjusted for inflation.\nI own over 73 shares of Amazon and counting which means $1.2 million in potential inflation-adjusted annual dividends in 50 years. This is my Jeff Bezos retirement plan.\nReason 3: A Wonderful Company At A Wonderful Price And The Potential For 290% Returns In The Next 5 Years\nWith Amazon near its all-time highs, many investors think it must be overvalued. However, its actually 17% undervalued.\n(Source: FAST Graphs, FactSet Research)\n\nbillions of investors over 20 years have concluded 24 to 26x cash flow is fair value for Amazon\n91% statistical probability this is a reasonable estimate of intrinsic value\n\n(Source: FactSet Research Terminal)\n\n23.9x forward cash flow = 0.64 PEG = hyper-growth at a very attractive price\n24.2 EV/EBITDA vs 34.8 13-year median = AMZN potentially 30% undervalued\n\n\n\n\nMetric\nHistorical Fair Value Multiple (13-years)\n2021\n2022\n2023\n2024\n2025\n2026\n\n\nOwner Earnings (Buffett Smoothed Out FCF)\n26.10\n$4,210.22\nNA\nNA\nNA\nNA\nNA\n\n\nOperating Cash Flow\n25.10\n$3,714.47\n$4,456.98\n$5,210.94\n$7,885.17\n$9,359.29\n$10,889.13\n\n\nFree Cash Flow\n58.32\n$3,748.49\n$5,880.49\n$7,213.57\n$11,998.76\n$15,138.12\n$18,306.06\n\n\nEBITDA\n39.96\n$5,911.02\n$7,290.23\n$8,882.35\nNA\nNA\nNA\n\n\nAverage\n$4,243.20\n$5,643.44\n$6,770.26\n$9,516.45\n$11,567.10\n$13,655.48\n\n\nCurrent Price\n$3,503.82\n\n\nDiscount To Fair Value\n17.43%\n37.91%\n48.25%\n63.18%\n69.71%\n74.34%\n\n\nUpside To Fair Value\n21.10%\n61.07%\n93.23%\n171.60%\n230.13%\n289.73%\n\n\n\n\n290% consensus return potential over the next five years\n$13,655 consensus price in 2026\n$6.6 trillion market cap (assuming no buybacks)\n6.6x sales\n26% CAGR consensus return potential\n\n\n\n\nMorningstar Fair Value\n\n\n$4,200.00\n\n\nDiscount To MS FV Estimate\n\n\n16.58%\n\n\nUpside To MS FV\n\n\n19.87%\n\n\n\n\n\n\nAnalyst Median 12-Month Price Target\n\n\n$4,249.17\n\n\nDiscount To Price Target\n\n\n17.54%\n\n\nUpside To Price Target\n\n\n21.27%\n\n\n\nBasically, all the experts agree, AMZN is modestly undervalued, with significantly short-term upside potential, 100% justified by some of the best fundamentals on Wall Street.\n\n\n\nRating\nMargin Of Safety For 12/12 Ultra SWAN Quality Companies\n2020 Price\n2021 Price\n2022 Price\n\n\nPotentially Reasonable Buy\n0%\n$3,409.22\n$4,243.20\n$5,643.44\n\n\nPotentially Good Buy\n5%\n$3,238.76\n$4,031.04\n$5,361.27\n\n\nPotentially Strong Buy\n15%\n$2,897.84\n$3,606.72\n$4,796.92\n\n\nPotentially Very Strong Buy\n25%\n$2,429.07\n$3,182.40\n$4,232.58\n\n\nPotentially Ultra-Value Buy\n35%\n$2,216.00\n$2,758.08\n$3,668.23\n\n\nCurrently\n$3,503.82\n-2.77%\n17.43%\n37.91%\n\n\nUpside To Fair Value (Not Including Dividends)\n-2.70%\n21.10%\n61.07%\n\n\n\nAMZN is a potentially strong buy for anyone comfortable with its risk profile.\nAnd here's what investors buying AMZN today can reasonably expect as far as total returns are concerned.\n\n5-year consensus return potential range: 18% to 35% CAGR\n\nAMZN 2023 Consensus Total Return Potential (Using The Most Conservative Metric)\n(Source: FAST Graphs, FactSet Research)\nAMZN 2026 Consensus Total Return Potential (Using The Most Conservative Metric)\n(Source: FAST Graphs, FactSet Research)\nFor context, Cathie Wood at ARKK and private equity strive for 15% CAGR total returns over time.\n\ndouble your money every 5 years\n\nARK Innovation ETF Valuation: 106x Earnings And Rising By The Day\n(Source: Morningstar)\n106x forward earnings for companies growing at 17.7% CAGR = 6.0 PEG.\nOCF PEG of 2.4 at ARKK.\nAMZN OCF PEG of 0.64.\nARKK is paying 4x as much for growth as Amazon investors buying today.\nThere is a 91% statistical probability that ARKK investors see terrible returns in the coming 10 to 20 years.\nOver the long-term analysts expect:\n\n0% yield + 37.2% growth = 37.2% CAGR total return potential\n21% to 50% CAGR range\nvs 7.9% S&P 500 and 11.0% aristocrats and 16.5% Nasdaq\n\nAMZN has consistently delivered 26% to 27 CAGR long-term returns.\nThe low end of the 26.7% to 38.1% CAGR growth consensus range.\nAMZN Vs S&P 500 Vs Aristocrats Inflation-Adjusted Long-Term Return Forecast: $1,000 Initial Investment\n\n\n\nTime Frame (Years)\n5.9% LT Inflation-Adjusted Returns (S&P Consensus)\n9.0% Inflation-Adjusted Returns (Aristocrat consensus)\n24% Inflation-Adjusted Returns (AMZN historical return)\n35.2% Inflation-Adjusted Returns (AMZN Consensus)\n\n\n5\n$1,331.93\n$1,538.62\n$2,931.63\n$4,517.35\n\n\n10\n$1,774.02\n$2,367.36\n$8,594.43\n$20,406.42\n\n\n15\n$2,362.87\n$3,642.48\n$25,195.63\n$92,182.90\n\n\n20\n$3,147.16\n$5,604.41\n$73,864.15\n$416,422.16\n\n\n25\n$4,191.79\n$8,623.08\n$216,541.99\n$1,881,123.42\n\n\n30\n$5,583.14\n$13,267.68\n$634,819.93\n$8,497,687.35\n\n\n35\n$7,436.33\n$20,413.97\n$1,861,054.03\n$38,387,002.96\n\n\n40\n$9,904.63\n$31,409.42\n$5,455,912.62\n$173,407,415.00\n\n\n45\n$13,192.23\n$48,327.29\n$15,994,690.19\n$783,341,476.50\n\n\n50\n$17,571.06\n$74,357.52\n$46,890,434.61\n$3,538,625,316.57\n\n\n\n\n\n\nTime Frame (Years)\nRatio S&P vs Aristocrat Consensus\nRatio S&P vs AMZN Historical Return\nRatio S&P vs AMZN Consensus\n\n\n5\n1.16\n2.20\n3.39\n\n\n10\n1.33\n4.84\n11.50\n\n\n15\n1.54\n10.66\n39.01\n\n\n20\n1.78\n23.47\n132.32\n\n\n25\n2.06\n51.66\n448.76\n\n\n30\n2.38\n113.70\n1522.03\n\n\n35\n2.75\n250.27\n5162.09\n\n\n40\n3.17\n550.84\n17507.71\n\n\n45\n3.66\n1212.43\n59379.01\n\n\n50\n4.23\n2668.62\n201389.38\n\n\n\nOver the next 10 to 15 years, Amazon, if it grows as expected, it could deliver 10 to 12x the returns of the S&P 500 and turn $1 into about $20 to $25, in inflation-adjusted terms.\nRisk Profile: Why Amazon Isn't Right For Everyone\nNo company is right for everyone, and all have complex risk profiles that investors must understand and be comfortable with.\nFundamental Risk Profile\nWe believe that the uncertainty for Amazon is high and that despite being an e-commerce leader, the company faces a variety of risks.\nAmazon must protect its leading online retailing position, which can be challenging as consumer preferences change, especially post-COVID-19 (as consumers may revert back to prior behaviors), and traditional retailers bolster their online presence.\nMaintaining an e-commerce edge has pushed the company to make investments in non-traditional areas, such as producing content for its Prime Video subscriptions and building out its own transportation network.\nSimilarly, the company must also maintain an attractive value proposition for its third-party sellers. Some of these investment areas have raised investor questions in the past, and we expect management to continue to invest according to its strategy, despite periodic margin pressure from increased spending.\nThe company must also continue to invest in new offerings. AWS, transportation, and physical stores (both Amazon branded and Whole Foods) are three notable areas of investment. These decisions require capital allocation and management focus and may play out over a period of years rather than quarters.\nContinued international expansion will likely require similar investment and management attention but will also increase exposure to different regulatory environments.\nSome countries have instituted or may institute protectionist policies. Even domestically over the last several years, lawmakers from both parties have increasingly focused on the amount of market power large technology companies have accrued.\nAntitrust, data privacy, and section 230 have been repeatedly invoked.\nFrom an ESG perspective, data breaches and service outages are a concern for any type of cloud service provider. As a retailer, Amazon has personal information for hundreds of millions of consumers around the world, while AWS hosts proprietary mission critical data for enterprises.\" - Morningstar (emphasis added)\n\nregulatory/political risk (domestic and international)\ndisruption risk from major tech competitors (like GOOG, FB, and MSFT)\ncomplex ESG risk (such as 150% annual turnover at fulfillment centers)\n\nMaterial Financial ESG Risk Analysis: How Large Institutions Measure Total Risk\n\n5 High-Yield ESG Blue-Chips For A Safe And Prosperous Retirement\n\nHere is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.\nThe bottom line is that ESG is NOT about politics or personal ethical opinions.\nAmong institutions that factor ESG into their safety models and ratings are:\n\nBlackRock\nMSCI\nMorningstar\nReuters\nS&P\nFitch\nMoody's\nDBRS\nAM Best\nBank of America\nBloomberg\nFactSet Research\nWells Fargo\nNAREIT\nState Street\nand many, many more\n\nQuality companies have always practiced ESG risk management long before it was popular among investors.\n\n If you use\n ESG scores that inherently tilts a portfolio to quality.\" - NYU study\n The overlap between ESG, especially measures related to the ‘G’ [or governance], and quality is pretty large.” - Research AffiliatesCompanies with strong ESG profiles may be better positioned for future challenges and experience\n fewer instances of bribery, corruption, and fraud.\" - MSCI (Emphasis added)\n\nBank of America's research finds that ESG metrics also help improve the long-term profitability and outcomes at companies.\n\n We find that companies with greater gender diversity at the board/management level typically see\n higher ROE and lower earnings risk than peers.Moreover, based on disclosure data from ICE, we find gender diversity in management is associated with a ~20% premium on P/E on an overall and sector-neutral basis.Ethnic and racial workforce diversity shows similarly strong results:\n higher ROE, lower risk, and significant premia on P/Eand P/BV.\" - Bank of America (emphasis original)\n\nDividend Aristocrats Are Strong ESG Companies\n(Source: Morningstar)\n\nAnalyst firm McKinsey has done several studies on this topic and concluded that between 25% and 60% of cash flows are affected by ESG risk.\nIt also did a meta-analysis of over 2,000 studies and found the ESG risk mitigation was 8X as likely to boost a company’s bottom line as hurt it.\nAMZN's ESG Risk Management Consensus\n\n\n\nRating Agency\nIndustry Percentile\nRating Agency Classification\n\n\nMSCI\n62.0%\nBBB Average\n\n\nMorningstar/Sustainalytics\n0.2%\n30.9/100 High Risk\n\n\nReuters'/Refinitiv\n98.9%\nExcellent\n\n\nS&P\n21.0%\nVery Poor\n\n\nConsensus\n45.5%\nAverage\n\n\n\n(Sources: Morningstar, Reuters'/Refinitiv)\n(Source: FactSet Research Terminal)\n\n(Source: Morningstar)\n\n0.2th percentile for its industry (472nd best out of 473 retailers)\n39th percentile among all rated companies (14,143)\n\n(Source: Reuters'/Refinitiv)\n\nan industry leader in all long-term risk management metrics\n\nHow We Monitor AMZN's Risk Profile\n\n51 analysts\n3 credit rating agencies\n7 total risk rating agencies\n58 total experts who collectively know this business better than anyone other than management\n\nRest assured that if Amazon's thesis weakens, strengthens, or shatters, we'll know about it and so DK members and my SA readers.\nBottom Line: Amazon Is The Ultimate Rich Retirement Dream Stock\nMy Real Money Phoenix Retirement Portfolio (Tracked Daily In Our Real Money Phoenix Portfolio Tool)\n\n(Source: Morningstar)\nDo you know what ETF or mutual fund offers a 3.5% very safe yield, with 15.5% growth and that's also 13% undervalued? All from a collection of blue-chips that matches the dividend aristocrats for quality and safety?\nNone, because only through prudent stock picking and active management can you achieve fundamentals like this.\n\n\n\n\nDS Phoenix Portfolio Fundamentals\n\n\nYield\n3.53%\n\n\nLT Growth Forecast\n15.51%\n\n\nDiscount To Fair Value\n13%\n\n\n5-Year Annual Valuation Boost\n2.82%\n\n\n5-Year Consensus Total Return Potential\n21.86%\n\n\n5-Year Risk-Adjusted Expected Total Return\n15.98%\n\n\nLT Consensus Total Return Potential\n19.04%\n\n\nS&P 500 5-Year Risk-Adjusted Expected Return\n3.60%\n\n\nDK Video Phoenix Risk-Adjusted Return/S&P 500 Risk-Adjusted Expected Return\n4.44\n\n\nS&P 500 Consensus LT Total Return Potential\n7.9%\n\n\nDividend Aristocrats Consensus LT Total Return Potential\n11.0%\n\n\nDS Phoenix LT Consensus Total Return Potential/S&P 500 Consensus LT Total Return Potential\n2.41\n\n\nDS Phoenix LT Consensus Total Return Potential/Dividend Aristocrats Consensus LT Total Return Potential\n1.73\n\n\n\nAmazon is the heart of my 28% growth allocation, and by combining it with high-yield blue-chips, you can have your cake and eat it too.\n\n8 Safe Dividend Stocks Yielding Over 6%\n\nIf you buy Amazon in equal amounts with something likeBritish American Tobacco(BTI), here is the synthetic company you create.\n\n4% safe yield growing about 4.3% over time\ngrowth consensus of 21% CAGR\n33% discount to fair value\n\nDoes that sound like a good way to combine growth, value, and yield? I think so, and that's why I've invested nearly $350,000 into that specific combination so far.\nAmazon is very likely to eventually have to pay a dividend. That's not speculation, its simple math. Big institutional investors simply won't stand for a company amassing a $1+ trillion cash pile.\nThat day may be far into the future, possibly 2030 or so.\nBut whenever Amazon finally starts paying dividends and buying back stock by the boatload, doesn't matter.\nLong-term investors buying Amazon today for pure growth, quality, and attractive valuation, are likely to be rolling in safe, and exponentially growing income in the years and decades to come.\nWhile there are many great hyper-growth stocks to choose from, none offer Amazon's incredible combination of quality, safety, growth, valuation, and future dividend potential that can allow a single share to possibly fund a rich retirement.\nThat's why I keep buying Amazon steadily, as long as its undervalued and its thesis remains intact.\nIf a small position in Amazon today can lead to a rich retirement in a few decades, then imagine how golden our golden years will be, if we own a large position, constructed over many years, and through several market downturns.\nBecause to quote Frasier Crane\n\n If less is more, then imagine how much more, more is.","news_type":1},"isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121898184,"gmtCreate":1624457963048,"gmtModify":1703837377126,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121898184","repostId":"1145825451","repostType":4,"repost":{"id":"1145825451","kind":"news","pubTimestamp":1624433586,"share":"https://ttm.financial/m/news/1145825451?lang=&edition=fundamental","pubTime":"2021-06-23 15:33","market":"us","language":"en","title":"Why I Believe NIO Will Beat Out Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1145825451","media":"InvestorPlace","summary":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go","content":"<blockquote>\n <b>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.</b>\n</blockquote>\n<p>Super fans of the latest and greatest high-end<b>Tesla, Inc.</b>(NASDAQ:<b>TSLA</b>) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.</p>\n<p><img src=\"https://static.tigerbbs.com/b294a3604c7ba82bd19b3c70be3a4020\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: nrqemi / Shutterstock.com</p>\n<p>Musk wrote there was… “No need, as Plaid is just so good.”</p>\n<p>The Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.</p>\n<p>Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.</p>\n<p>As a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.</p>\n<p>This “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.</p>\n<p>Both the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.</p>\n<p>Clearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”</p>\n<p>As someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know do<i>not</i>want to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.</p>\n<p>What Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.</p>\n<p>The good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.</p>\n<p>This is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.</p>\n<p>However, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.</p>\n<p><b>Taking Advantage of the EV Revolution’s Profit Potential</b></p>\n<p>I’m talking about <b>Nio, Inc.</b>(NYSE:<b>NIO</b>). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on my<b><i>Platinum Growth Club</i></b>Model Portfolio back in February.</p>\n<p>The company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.</p>\n<p>The company is also partnering with cutting-edge chip companies like<b>NVIDIA Corporation</b>(NASDAQ:<b>NVDA</b>), another one of my<b><i>Platinum Growth Club</i></b>Model Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.</p>\n<p>Now, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.</p>\n<p>With the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.</p>\n<p>That means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.</p>\n<p>Shares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”</p>\n<p>Interestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.</p>\n<p>In other words, NIO represents the<b>crème de la crème</b>of EV stocks right now.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why I Believe NIO Will Beat Out Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy I Believe NIO Will Beat Out Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:33 GMT+8 <a href=https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ...</p>\n\n<a href=\"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉"},"source_url":"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145825451","content_text":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.\nSource: nrqemi / Shutterstock.com\nMusk wrote there was… “No need, as Plaid is just so good.”\nThe Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.\nInstead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.\nAs a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.\nThis “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.\nBoth the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.\nClearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”\nAs someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know donotwant to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.\nWhat Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.\nThe good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.\nThis is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.\nHowever, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.\nTaking Advantage of the EV Revolution’s Profit Potential\nI’m talking about Nio, Inc.(NYSE:NIO). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on myPlatinum Growth ClubModel Portfolio back in February.\nThe company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.\nThe company is also partnering with cutting-edge chip companies likeNVIDIA Corporation(NASDAQ:NVDA), another one of myPlatinum Growth ClubModel Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.\nNow, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.\nWith the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.\nThat means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.\nShares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”\nInterestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.\nIn other words, NIO represents thecrème de la crèmeof EV stocks right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164749866,"gmtCreate":1624237560455,"gmtModify":1703831136726,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"Nicee","listText":"Nicee","text":"Nicee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164749866","repostId":"1171176972","repostType":4,"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165019830,"gmtCreate":1624080275620,"gmtModify":1703828459141,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/165019830","repostId":"2144218770","repostType":4,"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165019987,"gmtCreate":1624080251049,"gmtModify":1703828458326,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"Like share ","listText":"Like share ","text":"Like share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165019987","repostId":"1199331995","repostType":4,"repost":{"id":"1199331995","kind":"news","pubTimestamp":1624065374,"share":"https://ttm.financial/m/news/1199331995?lang=&edition=fundamental","pubTime":"2021-06-19 09:16","market":"us","language":"en","title":"U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1199331995","media":"Renaissance","summary":"12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio","content":"<p>12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.</p>\n<p>Chinese freight platform <b>Full Truck Alliance</b>(YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value (GTV), facilitating 22+ million fulfilled orders with GTV of nearly $8 billion in the 1Q21.</p>\n<p>Healthcare manager <b>Bright Health Group</b>(BHG) plans to raise $1.3 billion at a $15.4 billion market cap. Bright Health seeks to employ a more consumer-centric approach to healthcare to improve consumer experiences. Through a multi-pronged organic and inorganic growth strategy, the company’s core business has grown to serve roughly 623,000 patients in 14 states since its founding.</p>\n<p>Data infrastructure provider <b>Confluent</b>(CFLT) plans to raise $713 million at a $10.0 billion market cap. Confluent data infrastructure offering is designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company had more than 2,500 customers as of March 2021, with a dollar-based net retention rate of 117%.</p>\n<p>Car wash brand <b>Mister Car Wash</b>(MCW) plans to raise $600 million at a $5.3 billion market cap. Profitable with solid cash flow, Mister Car Wash is the largest national car wash brand in the US, with 344 locations in 21 states. The company offers a monthly subscription program called Unlimited Wash Club which had 1.4 million members as of 3/31/21, representing nearly two-thirds of total wash sales.</p>\n<p>Digital physicians network <b>Doximity</b>(DOCS) plans to raise $501 million at a $4.5 billion market cap. Doximity claims that it is the leading digital platform for US medical professionals, allowing collaboration with colleagues and secure coordination of patient care, among other features. Fast growing and profitable, the company had over 1.8 million members as of 3/31/21, representing more than 80% of physicians across the country.</p>\n<p>Customer experience software provider <b>Sprinklr</b>(CXM) plans to raise $361 million at a $5.5 billion market cap. Sprinklr provides a software platform that helps enterprises create a persistent, unified view of each customer at scale. The company has attracted more than 1,000 customers, including over 50% of the Fortune 100. Sprinklr has improved its gross margins, though cash flow swung negative in 1Q FY22.</p>\n<p>HR platform provider <b>First Advantage</b>(FA) plans to raise $298 million at a $2.1 billion market cap. First Advantage provides technology solutions for screening, verifications, safety, and compliance related to human capital. Profitable with positive cash flow, the company derives most of its revenues from pre-onboarding screening, performing over 75 million screens on behalf of more than 30,000 customers in 2020.</p>\n<p>Chinese social networking platform <b>Soulgate</b>(SSR) plans to raise $185 million at a $1.8 billion market cap. The company’s app Soul is a virtual social network created to address the drawbacks of current social media platforms. In March 2021, the company averaged 9.1 million DAUs, a 94% increase over the prior year period.</p>\n<p>Digital financial services provider <b>AMTD Digital</b>(HKD) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.</p>\n<p>Organ bioengineering company <b>Miromatrix Medical</b>(MIRO) plans to raise $32 million at a $162 million market cap. Miromatrix is developing a novel technology for bioengineering fully transplantable human organs, initially focused on livers and kidneys. The company has demonstrated functional vasculature and important organ function in preclinical studies, and hopes to initiate a Phase 1 trial in late 2022 with its External Liver Assist Product.</p>\n<p>Kidney disease biotech <b>Unicycive Therapeutics</b>(UNCY) plans to raise $25 million at a $116 million market cap. The company’s candidates include Renazorb, which was in-licensed from Spectrum Pharmaceuticals, and UNI 494, which was in-licensed from Sphaera Pharmaceuticals. Unicycive began conducting preclinical trials on UNI 494 in 2020.</p>\n<p>Antibiotic biotech <b>Acurx Pharmaceuticals</b>(ACXP) plans to raise $15 million at a $62 million market cap. The company is developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the WHO, CDC, and USDA. Its lead candidate recently completed a Phase 2a trial in patients with C. difficile infections, and is expected to begin a Phase 2b trial this year.</p>\n<table>\n <tbody>\n <tr>\n <th>U.S. IPO Calendar</th>\n </tr>\n <tr>\n <th>Issuer Business</th>\n <th>Deal Size Market Cap</th>\n <th>Price Range Shares Filed</th>\n <th>Top Bookrunners</th>\n </tr>\n <tr>\n <td><p>Full Truck Alliance (YMM)</p><p>Guiyang, China</p></td>\n <td>$1,485M$19,723M</td>\n <td>$17 - $1982,500,000</td>\n <td>Morgan StanleyCICC</td>\n </tr>\n <tr>\n <td>Digital freight platform that connects shippers and truckers in China.</td>\n </tr>\n <tr>\n <td><p>First Advantage (FA)</p><p>Atlanta, GA</p></td>\n <td>$298M$2,097M</td>\n <td>$13 - $1521,250,000</td>\n <td>BarclaysBofA</td>\n </tr>\n <tr>\n <td>Provides background checks and other services to corporate customers.</td>\n </tr>\n <tr>\n <td><p>Sprinklr (CXM)</p><p>New York, NY</p></td>\n <td>$361M$5,541M</td>\n <td>$18 - $2019,000,000</td>\n <td>Morgan StanleyJP Morgan</td>\n </tr>\n <tr>\n <td>Provides customer experience management software for enterprises.</td>\n </tr>\n <tr>\n <td><p>Bright Health Group (BHG)</p><p>Minneapolis, MN</p></td>\n <td>$1,290M$15,385M</td>\n <td>$20 - $2360,000,000</td>\n <td>JP MorganGoldman</td>\n </tr>\n <tr>\n <td>Provides health insurance and other healthcare services.</td>\n </tr>\n <tr>\n <td><p>Confluent (CFLT)</p><p>Mountain View, CA</p></td>\n <td>$713M$10,033M</td>\n <td>$29 - $3323,000,000</td>\n <td>Morgan StanleyJP Morgan</td>\n </tr>\n <tr>\n <td>Provides an enterprise platform that collects and processes real-time data streams.</td>\n </tr>\n <tr>\n <td><p>Doximity (DOCS)</p><p>San Francisco, CA</p></td>\n <td>$501M$4,549M</td>\n <td>$20 - $2323,300,000</td>\n <td>Morgan StanleyGoldman</td>\n </tr>\n <tr>\n <td>Professional network for physicians with telehealth and scheduling tools.</td>\n </tr>\n <tr>\n <td><p>Soulgate (SSR)</p><p>Shanghai, China</p></td>\n <td>$185M$1,824M</td>\n <td>$13 - $1513,200,000</td>\n <td>Morgan StanleyJefferies</td>\n </tr>\n <tr>\n <td>Provides the gamified social networking app Soul in China.</td>\n </tr>\n <tr>\n <td><p>Acurx Pharmaceuticals (ACXP)</p><p>Staten Island, NY</p></td>\n <td>$15M$62M</td>\n <td>$5 - $72,500,000</td>\n <td>Alexander CapitalNetwork 1</td>\n </tr>\n <tr>\n <td>Phase 2 biotech developing antibiotics for antibiotic-resistant pathogens.</td>\n </tr>\n <tr>\n <td><p>Mister Car Wash (MCW)</p><p>Tucson, AZ</p></td>\n <td>$600M$5,256M</td>\n <td>$15 - $1737,500,000</td>\n <td>BofAMorgan Stanley</td>\n </tr>\n <tr>\n <td>Leading national car wash brand with 344 locations across the US.</td>\n </tr>\n <tr>\n <td><p>AMTD Digital (HKD)</p><p>Hong Kong, China</p></td>\n <td>$120M$1,388M</td>\n <td>$6.80 - $8.2016,000,000</td>\n <td>AMTD GlobalLoop Capital</td>\n </tr>\n <tr>\n <td>Digital financial services provider being spun out of AMTD.</td>\n </tr>\n <tr>\n <td><p>Miromatrix Medical (MIRO)</p><p>Eden Prairie, MN</p></td>\n <td>$32M$162M</td>\n <td>$7 - $94,000,000</td>\n <td>Craig-Hallum</td>\n </tr>\n <tr>\n <td>Developing novel bioengineering technology for organ transplants.</td>\n </tr>\n <tr>\n <td><p>Unicycive Therapeutics (UNCY)</p><p>Los Altos, CA</p></td>\n <td>$25M$116M</td>\n <td>$8.50 - $10.502,635,000</td>\n <td>Roth Cap.</td>\n </tr>\n <tr>\n <td>Early-stage biotech developing in-licensed therapies for kidney disease.</td>\n </tr>\n </tbody>\n</table>\n<p>Street research is expected for seven companies, and lock-up periods will be expiring for up to two companies.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:16 GMT+8 <a href=https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week><strong>Renaissance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.\nChinese freight platform Full Truck Alliance(YMM) plans to raise $1.5 billion at a $19.7 billion market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CFLT":"Confluent, Inc.","MCW":"Mister Car Wash, Inc.","DOCS":"Doximity, Inc.","YMM":"满帮","FA":"First Advantage Corp.","CXM":"Sprinklr, Inc."},"source_url":"https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1199331995","content_text":"12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.\nChinese freight platform Full Truck Alliance(YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value (GTV), facilitating 22+ million fulfilled orders with GTV of nearly $8 billion in the 1Q21.\nHealthcare manager Bright Health Group(BHG) plans to raise $1.3 billion at a $15.4 billion market cap. Bright Health seeks to employ a more consumer-centric approach to healthcare to improve consumer experiences. Through a multi-pronged organic and inorganic growth strategy, the company’s core business has grown to serve roughly 623,000 patients in 14 states since its founding.\nData infrastructure provider Confluent(CFLT) plans to raise $713 million at a $10.0 billion market cap. Confluent data infrastructure offering is designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company had more than 2,500 customers as of March 2021, with a dollar-based net retention rate of 117%.\nCar wash brand Mister Car Wash(MCW) plans to raise $600 million at a $5.3 billion market cap. Profitable with solid cash flow, Mister Car Wash is the largest national car wash brand in the US, with 344 locations in 21 states. The company offers a monthly subscription program called Unlimited Wash Club which had 1.4 million members as of 3/31/21, representing nearly two-thirds of total wash sales.\nDigital physicians network Doximity(DOCS) plans to raise $501 million at a $4.5 billion market cap. Doximity claims that it is the leading digital platform for US medical professionals, allowing collaboration with colleagues and secure coordination of patient care, among other features. Fast growing and profitable, the company had over 1.8 million members as of 3/31/21, representing more than 80% of physicians across the country.\nCustomer experience software provider Sprinklr(CXM) plans to raise $361 million at a $5.5 billion market cap. Sprinklr provides a software platform that helps enterprises create a persistent, unified view of each customer at scale. The company has attracted more than 1,000 customers, including over 50% of the Fortune 100. Sprinklr has improved its gross margins, though cash flow swung negative in 1Q FY22.\nHR platform provider First Advantage(FA) plans to raise $298 million at a $2.1 billion market cap. First Advantage provides technology solutions for screening, verifications, safety, and compliance related to human capital. Profitable with positive cash flow, the company derives most of its revenues from pre-onboarding screening, performing over 75 million screens on behalf of more than 30,000 customers in 2020.\nChinese social networking platform Soulgate(SSR) plans to raise $185 million at a $1.8 billion market cap. The company’s app Soul is a virtual social network created to address the drawbacks of current social media platforms. In March 2021, the company averaged 9.1 million DAUs, a 94% increase over the prior year period.\nDigital financial services provider AMTD Digital(HKD) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.\nOrgan bioengineering company Miromatrix Medical(MIRO) plans to raise $32 million at a $162 million market cap. Miromatrix is developing a novel technology for bioengineering fully transplantable human organs, initially focused on livers and kidneys. The company has demonstrated functional vasculature and important organ function in preclinical studies, and hopes to initiate a Phase 1 trial in late 2022 with its External Liver Assist Product.\nKidney disease biotech Unicycive Therapeutics(UNCY) plans to raise $25 million at a $116 million market cap. The company’s candidates include Renazorb, which was in-licensed from Spectrum Pharmaceuticals, and UNI 494, which was in-licensed from Sphaera Pharmaceuticals. Unicycive began conducting preclinical trials on UNI 494 in 2020.\nAntibiotic biotech Acurx Pharmaceuticals(ACXP) plans to raise $15 million at a $62 million market cap. The company is developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the WHO, CDC, and USDA. Its lead candidate recently completed a Phase 2a trial in patients with C. difficile infections, and is expected to begin a Phase 2b trial this year.\n\n\n\nU.S. IPO Calendar\n\n\nIssuer Business\nDeal Size Market Cap\nPrice Range Shares Filed\nTop Bookrunners\n\n\nFull Truck Alliance (YMM)Guiyang, China\n$1,485M$19,723M\n$17 - $1982,500,000\nMorgan StanleyCICC\n\n\nDigital freight platform that connects shippers and truckers in China.\n\n\nFirst Advantage (FA)Atlanta, GA\n$298M$2,097M\n$13 - $1521,250,000\nBarclaysBofA\n\n\nProvides background checks and other services to corporate customers.\n\n\nSprinklr (CXM)New York, NY\n$361M$5,541M\n$18 - $2019,000,000\nMorgan StanleyJP Morgan\n\n\nProvides customer experience management software for enterprises.\n\n\nBright Health Group (BHG)Minneapolis, MN\n$1,290M$15,385M\n$20 - $2360,000,000\nJP MorganGoldman\n\n\nProvides health insurance and other healthcare services.\n\n\nConfluent (CFLT)Mountain View, CA\n$713M$10,033M\n$29 - $3323,000,000\nMorgan StanleyJP Morgan\n\n\nProvides an enterprise platform that collects and processes real-time data streams.\n\n\nDoximity (DOCS)San Francisco, CA\n$501M$4,549M\n$20 - $2323,300,000\nMorgan StanleyGoldman\n\n\nProfessional network for physicians with telehealth and scheduling tools.\n\n\nSoulgate (SSR)Shanghai, China\n$185M$1,824M\n$13 - $1513,200,000\nMorgan StanleyJefferies\n\n\nProvides the gamified social networking app Soul in China.\n\n\nAcurx Pharmaceuticals (ACXP)Staten Island, NY\n$15M$62M\n$5 - $72,500,000\nAlexander CapitalNetwork 1\n\n\nPhase 2 biotech developing antibiotics for antibiotic-resistant pathogens.\n\n\nMister Car Wash (MCW)Tucson, AZ\n$600M$5,256M\n$15 - $1737,500,000\nBofAMorgan Stanley\n\n\nLeading national car wash brand with 344 locations across the US.\n\n\nAMTD Digital (HKD)Hong Kong, China\n$120M$1,388M\n$6.80 - $8.2016,000,000\nAMTD GlobalLoop Capital\n\n\nDigital financial services provider being spun out of AMTD.\n\n\nMiromatrix Medical (MIRO)Eden Prairie, MN\n$32M$162M\n$7 - $94,000,000\nCraig-Hallum\n\n\nDeveloping novel bioengineering technology for organ transplants.\n\n\nUnicycive Therapeutics (UNCY)Los Altos, CA\n$25M$116M\n$8.50 - $10.502,635,000\nRoth Cap.\n\n\nEarly-stage biotech developing in-licensed therapies for kidney disease.\n\n\n\nStreet research is expected for seven companies, and lock-up periods will be expiring for up to two companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161827444,"gmtCreate":1623919066788,"gmtModify":1703823480996,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"Time to buy in","listText":"Time to buy in","text":"Time to buy in","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161827444","repostId":"1103057922","repostType":4,"isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161827322,"gmtCreate":1623919048266,"gmtModify":1703823479702,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161827322","repostId":"2144071051","repostType":4,"repost":{"id":"2144071051","kind":"highlight","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":1623917290,"share":"https://ttm.financial/m/news/2144071051?lang=&edition=fundamental","pubTime":"2021-06-17 16:08","market":"hk","language":"en","title":"China's Tianli leads plunge in HK-listed education stocks on report of tougher rules","url":"https://stock-news.laohu8.com/highlight/detail?id=2144071051","media":"Reuters","summary":"** Tianli Education International leads declines in Hong Kong-listed Chinese education services prov","content":"<p>** Tianli Education International leads declines in Hong Kong-listed Chinese education services providers, falling 21.5% to a near two-year low of HK$2.88</p>\n<p>** Stock on course for its worst day since Sept. 2, 2020 and is the second-biggest percentage loser on the Hong Kong bourse</p>\n<p>** China is poised to unveil a much tougher-than-anticipated crackdown on the country's $120 bln private tutoring industry, four sources told Reuters, including trial bans on vacation tutoring and restrictions on advertising</p>\n<p>** Trial vacation ban, which adds to plans to bar online and offline tutoring on weekends during term time, could deprive tutoring firms of as much as 70-80% of their annual revenue with implementing cities including Beijing, Shanghai - sources</p>\n<p>** Shares of Beijing-based New Oriental Education & Technology Group Inc plunge 14.1% to HK$64, the fourth-biggest percentage decliner on the Hong Kong bourse</p>\n<p>** Guangdong-based Scholar Education Group drops 11.2% to HK$4.04, the lowest since July 2019</p>\n<p>** Wisdom Education International falls 8.4% to HK$2.07, the lowest since April 2017</p>\n<p>** JH Educational Technology drops 9% to the lowest since July 2020</p>\n<p>** The Hang Seng China enterprises index edges up 0.03% while the benchmark index climbs 0.2%</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Tianli leads plunge in HK-listed education stocks on report of tougher rules</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\">\nChina's Tianli leads plunge in HK-listed education stocks on report of tougher rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Tianli Education International leads declines in Hong Kong-listed Chinese education services providers, falling 21.5% to a near two-year low of HK$2.88</p>\n<p>** Stock on course for its worst day since Sept. 2, 2020 and is the second-biggest percentage loser on the Hong Kong bourse</p>\n<p>** China is poised to unveil a much tougher-than-anticipated crackdown on the country's $120 bln private tutoring industry, four sources told Reuters, including trial bans on vacation tutoring and restrictions on advertising</p>\n<p>** Trial vacation ban, which adds to plans to bar online and offline tutoring on weekends during term time, could deprive tutoring firms of as much as 70-80% of their annual revenue with implementing cities including Beijing, Shanghai - sources</p>\n<p>** Shares of Beijing-based New Oriental Education & Technology Group Inc plunge 14.1% to HK$64, the fourth-biggest percentage decliner on the Hong Kong bourse</p>\n<p>** Guangdong-based Scholar Education Group drops 11.2% to HK$4.04, the lowest since July 2019</p>\n<p>** Wisdom Education International falls 8.4% to HK$2.07, the lowest since April 2017</p>\n<p>** JH Educational Technology drops 9% to the lowest since July 2020</p>\n<p>** The Hang Seng China enterprises index edges up 0.03% while the benchmark index climbs 0.2%</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01773":"天立国际控股","01769":"思考乐教育","06068":"光正教育","00117":"天利控股集团","09901":"新东方-S","01935":"嘉宏教育"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144071051","content_text":"** Tianli Education International leads declines in Hong Kong-listed Chinese education services providers, falling 21.5% to a near two-year low of HK$2.88\n** Stock on course for its worst day since Sept. 2, 2020 and is the second-biggest percentage loser on the Hong Kong bourse\n** China is poised to unveil a much tougher-than-anticipated crackdown on the country's $120 bln private tutoring industry, four sources told Reuters, including trial bans on vacation tutoring and restrictions on advertising\n** Trial vacation ban, which adds to plans to bar online and offline tutoring on weekends during term time, could deprive tutoring firms of as much as 70-80% of their annual revenue with implementing cities including Beijing, Shanghai - sources\n** Shares of Beijing-based New Oriental Education & Technology Group Inc plunge 14.1% to HK$64, the fourth-biggest percentage decliner on the Hong Kong bourse\n** Guangdong-based Scholar Education Group drops 11.2% to HK$4.04, the lowest since July 2019\n** Wisdom Education International falls 8.4% to HK$2.07, the lowest since April 2017\n** JH Educational Technology drops 9% to the lowest since July 2020\n** The Hang Seng China enterprises index edges up 0.03% while the benchmark index climbs 0.2%","news_type":1},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169417101,"gmtCreate":1623847253103,"gmtModify":1703821225220,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169417101","repostId":"2143198799","repostType":4,"repost":{"id":"2143198799","kind":"highlight","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":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1623845470,"share":"https://ttm.financial/m/news/2143198799?lang=&edition=fundamental","pubTime":"2021-06-16 20:11","market":"us","language":"en","title":"1847 Goedeker Continues Strong Q2 Performance With Record Revenue Up 41.9% In May","url":"https://stock-news.laohu8.com/highlight/detail?id=2143198799","media":"T-Reuters","summary":"1847 Goedeker Inc:1847 Goedeker Continues Strong Q2 Performance With Record Revenue Up 41.9% In May ","content":"<p><a href=\"https://laohu8.com/S/GOED\">1847 Goedeker</a> Inc:1847 Goedeker Continues Strong Q2 Performance With Record Revenue Up 41.9% In May To $44.<a href=\"https://laohu8.com/S/MMM\">3M</a> On A Combined Proforma Basis.1847 Goedeker Inc - Continue To Operate At More Than A $500 Million Annual Revenue Run Rate Through May.1847 Goedeker - Continue To Believe We Will See A Return To Normal Shipping Trends As Manufacturers Catch Production Up To Demand In Latter Part Of Q3.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>1847 Goedeker Continues Strong Q2 Performance With Record Revenue Up 41.9% In May</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\">\n1847 Goedeker Continues Strong Q2 Performance With Record Revenue Up 41.9% In May\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-06-16 20:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/GOED\">1847 Goedeker</a> Inc:1847 Goedeker Continues Strong Q2 Performance With Record Revenue Up 41.9% In May To $44.<a href=\"https://laohu8.com/S/MMM\">3M</a> On A Combined Proforma Basis.1847 Goedeker Inc - Continue To Operate At More Than A $500 Million Annual Revenue Run Rate Through May.1847 Goedeker - Continue To Believe We Will See A Return To Normal Shipping Trends As Manufacturers Catch Production Up To Demand In Latter Part Of Q3.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143198799","content_text":"1847 Goedeker Inc:1847 Goedeker Continues Strong Q2 Performance With Record Revenue Up 41.9% In May To $44.3M On A Combined Proforma Basis.1847 Goedeker Inc - Continue To Operate At More Than A $500 Million Annual Revenue Run Rate Through May.1847 Goedeker - Continue To Believe We Will See A Return To Normal Shipping Trends As Manufacturers Catch Production Up To Demand In Latter Part Of Q3.","news_type":1},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345586327,"gmtCreate":1618323668269,"gmtModify":1704709192654,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575372039876731","idStr":"3575372039876731"},"themes":[],"htmlText":"It’s a very hot stock and can be dangerous to invest right after ipo","listText":"It’s a very hot stock and can be dangerous to invest right after ipo","text":"It’s a very hot stock and can be dangerous to invest right after ipo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345586327","repostId":"1194635432","repostType":4,"repost":{"id":"1194635432","kind":"news","pubTimestamp":1618236146,"share":"https://ttm.financial/m/news/1194635432?lang=&edition=fundamental","pubTime":"2021-04-12 22:02","market":"us","language":"en","title":"Can You Make Coin Investing In Coinbase?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194635432","media":"seekingalpha","summary":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the ","content":"<p><b>Summary</b></p><ul><li>Coinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.</li><li>With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.</li><li>Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.</li><li>Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.</li></ul><p>I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?</p><p>At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.</p><p><b>Fundamental Risks 1: The US Regulatory Landscape</b></p><p>The US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.</p><p>Coinbase has the 2nd smallest coin listings</p><p>Coin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.</p><p>Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.</p><p>SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)</p><p>In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.</p><p>XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.</p><p>Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.</p><p>Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.</p><p><img src=\"https://static.tigerbbs.com/5bf68da62452a794c5daaa60ac989840\" tg-width=\"554\" tg-height=\"576\" referrerpolicy=\"no-referrer\">Source: Table created by Author fromCoinMarketCap</p><p><b>Other Regulatory Risks</b></p><p>Regulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.</p><p>Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.</p><p>Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.</p><p><b>Fundamental Risk 2: Losing a Winner-Takes-All Market</b></p><p>There are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.</p><p>Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.</p><p>On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.</p><p>In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).</p><p>Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.</p><p>In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.</p><p><img src=\"https://static.tigerbbs.com/01ca6dafd2b567bd920c5e9f8edc8fbb\" tg-width=\"640\" tg-height=\"202\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Valuation</b></p><p>The tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.</p><p>Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.</p><p>Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.</p><p>Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.</p><p>Table 3:Coinbase's Revenue from 2016-2020<img src=\"https://static.tigerbbs.com/de8396c363230e04130e43f63d653956\" tg-width=\"640\" tg-height=\"231\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 4:Coinbase's Profit from 2016-2020<img src=\"https://static.tigerbbs.com/be2327ad800bd3524a3aaa57e3a0b17f\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 5:Coinbase's Historical Valuations<img src=\"https://static.tigerbbs.com/4b1fd86395ee1b0e38f1f6fd472f84bd\" tg-width=\"640\" tg-height=\"159\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Verdict</b></p><p>In my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.</p><p>The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can You Make Coin Investing In Coinbase?</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\">\nCan You Make Coin Investing In Coinbase?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 22:02 GMT+8 <a href=https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all ...</p>\n\n<a href=\"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194635432","content_text":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.Fundamental Risks 1: The US Regulatory LandscapeThe US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.Coinbase has the 2nd smallest coin listingsCoin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.Source: Table created by Author fromCoinMarketCapOther Regulatory RisksRegulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.Fundamental Risk 2: Losing a Winner-Takes-All MarketThere are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.Source:BusinessofAppsValuationThe tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.Table 3:Coinbase's Revenue from 2016-2020Source:BusinessofAppsTable 4:Coinbase's Profit from 2016-2020Source:BusinessofAppsTable 5:Coinbase's Historical ValuationsSource:BusinessofAppsVerdictIn my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":165019830,"gmtCreate":1624080275620,"gmtModify":1703828459141,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/165019830","repostId":"2144218770","repostType":4,"repost":{"id":"2144218770","kind":"highlight","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":1624060559,"share":"https://ttm.financial/m/news/2144218770?lang=&edition=fundamental","pubTime":"2021-06-19 07:55","market":"us","language":"en","title":"Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2144218770","media":"Reuters","summary":"BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, wh","content":"<p>BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a>.</p>\n<p>The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.</p>\n<p>\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.</p>\n<p>Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.</p>\n<p>The departure of Guillen, <a href=\"https://laohu8.com/S/AONE\">one</a> of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.</p>\n<p>Stock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.</p>\n<p>It was not immediately known how much Guillen paid to exercise the options.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ex-Tesla president sold stocks worth $247 million since June 10-SEC filing</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\">\nEx-Tesla president sold stocks worth $247 million since June 10-SEC filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-19 07:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a>.</p>\n<p>The filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.</p>\n<p>\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.</p>\n<p>Guillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.</p>\n<p>The departure of Guillen, <a href=\"https://laohu8.com/S/AONE\">one</a> of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.</p>\n<p>Stock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.</p>\n<p>It was not immediately known how much Guillen paid to exercise the options.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144218770","content_text":"BERKELEY, Calif., June 18 (Reuters) - Long-time Tesla Inc executive and president Jerome Guillen, who left the company earlier in June, has sold an estimated $274 million worth of shares after exercising stock options since June 10, according to a filing with the Securities and Exchange Commission $(SEC.UK)$.\nThe filing, which was submitted to the SEC on Tuesday, said that Guillen expected to sell 215,718 shares for $129 million that day, and that he offloaded another 145,289 stocks worth $89.6 million on June 14, and 90,111 stocks worth $55 million on June 10.\n\"It could raise some eyebrows for investors,\" Wedbush Securities analyst Daniel Ives said, adding that investors are going to watch closely to see if he sells more.\nGuillen, a former Mercedes engineer who was with Tesla since 2010, oversaw the company's entire vehicles business before being named president of the Tesla Heavy Trucking unit in March. He left the company on June 3.\nThe departure of Guillen, one of Tesla's top four leaders, including CEO Elon Musk, has sparked market concerns about Tesla's future vehicle programs like the Semi electric trucks and new batteries called 4680 cells.\nStock options give employees and executives the right to buy their company's stock at a specified price for a certain period of time. When share prices rise above the exercise price, they can buy the stocks at discounted prices.\nIt was not immediately known how much Guillen paid to exercise the options.","news_type":1},"isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":331256855146664,"gmtCreate":1721881083738,"gmtModify":1721881087145,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"The headline says sell but the body says buy... so which is which.","listText":"The headline says sell but the body says buy... so which is which.","text":"The headline says sell but the body says buy... so which is which.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/331256855146664","repostId":"1108198959","repostType":2,"repost":{"id":"1108198959","kind":"news","pubTimestamp":1721876407,"share":"https://ttm.financial/m/news/1108198959?lang=&edition=fundamental","pubTime":"2024-07-25 11:00","market":"us","language":"en","title":"Tesla Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply","url":"https://stock-news.laohu8.com/highlight/detail?id=1108198959","media":"Benzinga","summary":"On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of $Tesla Motors(TSLA)$ , despite the electric vehicle giant’s recent market challenges.The Tesla TradeArk Invest’s ","content":"<html><head></head><body><p style=\"text-align: start;\">On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> , despite the electric vehicle giant’s recent market challenges.</p><p style=\"text-align: start;\"><strong>The Tesla Trade</strong></p><p style=\"text-align: start;\">Ark Invest’s <a href=\"https://laohu8.com/S/ARKW\">ARK Next Generation Internation ETF</a> acquired 33,143 shares of Tesla, a move that came on the heels of a turbulent period for the company. The value of this trade, based on the closing price of $215.99 on the same day, is approximately $7.16 million.</p><p style=\"text-align: start;\">This purchase is particularly noteworthy given the context of Tesla’s recent performance. The company’s second-quarter financial results, reported on Tuesday, showed a revenue beat but an EPS miss.</p><p style=\"text-align: start;\">Furthermore, Tesla’s automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines. This was the first time the company had experienced consecutive quarters of declining sales volume. Despite these challenges, Ark Invest has shown confidence in Tesla’s long-term prospects.</p><p style=\"text-align: start;\">On Tuesday, Ark Invest sold nearly $3.7 million worth of Tesla shares in continuation of a recent trend.</p><p style=\"text-align: start;\"><strong>Other Key Trades:</strong></p><ul style=\"list-style-type: disc;\"><li><p>Ark Fintech Innovation ETF bought 1,059 shares of <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></p></li><li><p>Ark Fintech Innovation ETF sold shares of <a href=\"https://laohu8.com/S/TOST\">Toast, Inc.</a> </p></li><li><p>ARK Genomic Revolution ETF bought shares of <a href=\"https://laohu8.com/S/TXG\">10x Genomics, Inc.</a> </p></li><li><p>ARK Genomic Revolution ETF sold shares of <a href=\"https://laohu8.com/S/TDOC\">Teladoc Health Inc.</a> </p></li><li><p>ARK Autonomous Technology & Robotics ETF bought shares of <a href=\"https://laohu8.com/S/OKLO\">Oklo Inc.</a> </p></li></ul></body></html>","source":"lsy1606299360108","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 Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply</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 Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-25 11:00 GMT+8 <a href=https://www.benzinga.com/markets/equities/24/07/39947856/tesla-bull-cathie-woods-ark-invest-sells-7-16m-worth-of-ev-makers-shares-after-q2-earnings-revea><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of Tesla Motors , despite the electric vehicle giant’s recent market challenges.The Tesla TradeArk Invest’s ARK Next...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/24/07/39947856/tesla-bull-cathie-woods-ark-invest-sells-7-16m-worth-of-ev-makers-shares-after-q2-earnings-revea\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉","ARKW":"ARK Next Generation Internation ETF","TDOC":"Teladoc Health Inc.","MELI":"MercadoLibre"},"source_url":"https://www.benzinga.com/markets/equities/24/07/39947856/tesla-bull-cathie-woods-ark-invest-sells-7-16m-worth-of-ev-makers-shares-after-q2-earnings-revea","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108198959","content_text":"On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of Tesla Motors , despite the electric vehicle giant’s recent market challenges.The Tesla TradeArk Invest’s ARK Next Generation Internation ETF acquired 33,143 shares of Tesla, a move that came on the heels of a turbulent period for the company. The value of this trade, based on the closing price of $215.99 on the same day, is approximately $7.16 million.This purchase is particularly noteworthy given the context of Tesla’s recent performance. The company’s second-quarter financial results, reported on Tuesday, showed a revenue beat but an EPS miss.Furthermore, Tesla’s automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines. This was the first time the company had experienced consecutive quarters of declining sales volume. Despite these challenges, Ark Invest has shown confidence in Tesla’s long-term prospects.On Tuesday, Ark Invest sold nearly $3.7 million worth of Tesla shares in continuation of a recent trend.Other Key Trades:Ark Fintech Innovation ETF bought 1,059 shares of MercadoLibreArk Fintech Innovation ETF sold shares of Toast, Inc. ARK Genomic Revolution ETF bought shares of 10x Genomics, Inc. ARK Genomic Revolution ETF sold shares of Teladoc Health Inc. ARK Autonomous Technology & Robotics ETF bought shares of Oklo Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266013273018520,"gmtCreate":1705965080649,"gmtModify":1705965082347,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> ","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266013273018520","isVote":1,"tweetType":1,"viewCount":347,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146535881,"gmtCreate":1626089739043,"gmtModify":1703753099010,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"Buy! ","listText":"Buy! ","text":"Buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146535881","repostId":"1127514414","repostType":4,"repost":{"id":"1127514414","kind":"news","pubTimestamp":1626089490,"share":"https://ttm.financial/m/news/1127514414?lang=&edition=fundamental","pubTime":"2021-07-12 19:31","market":"us","language":"en","title":"BMO says buy Chevron as oil giant will hike dividend and resume buybacks","url":"https://stock-news.laohu8.com/highlight/detail?id=1127514414","media":"CNBC","summary":"Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart be","content":"<div>\n<p>Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BMO says buy Chevron as oil giant will hike dividend and resume buybacks</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\">\nBMO says buy Chevron as oil giant will hike dividend and resume buybacks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 19:31 GMT+8 <a href=https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://www.cnbc.com/2021/07/12/chevron-stock-bmo-outperform-dividend-hike.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1127514414","content_text":"Higher oil prices should mean more cash flowing to Chevron shareholders, making the stock a smart bet, according to BMO Capital Markets.\nAnalyst Phillip Jungwirth initiated coverage of the stock with an outperform rating, saying in a note to clients on Monday that Chevron was poised to generate a ton of cash over the next 18 months and the shares look undervalued.\n“We expect Chevron to achieve 2021 and 2022 [cash flow from operations] of $27.1Bn and $33.5Bn, which equate to [free cash flow] of $17.9Bn and $22.6Bn. ... Over the past six months, Chevron shares have lagged other upstream producers despite having similar cash flow leverage to higher oil prices,” the note said.\nThat extra cash will likely be distributed to shareholders, Jungwirth wrote.\n“We think Chevron is in a strong position to increase shareholder returns and assume 5% dividend growth and a resumption of $2.4Bn in share buybacks beginning 2022+,” the note said. The company suspended buybacks in March 2020 due to the pandemic.\nThe stock has gained 23% year to date, which is outpacing the broader market but lagging the oil and gas industry.\nBMO set a price target of $123 per share for Chevron. That is 18% above where the stock closed on Friday.\nJungwirth also initiated coverage of Exxon Mobilon Monday, rating the stock as market perform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164749866,"gmtCreate":1624237560455,"gmtModify":1703831136726,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"Nicee","listText":"Nicee","text":"Nicee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164749866","repostId":"1171176972","repostType":4,"repost":{"id":"1171176972","kind":"news","pubTimestamp":1624231116,"share":"https://ttm.financial/m/news/1171176972?lang=&edition=fundamental","pubTime":"2021-06-21 07:18","market":"us","language":"en","title":"Beware of inflation 'headwinds': It could take a year to break even after a 10% to 20% market correction, economist Mark Zandi warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1171176972","media":"cnbc","summary":"Moody's Analytics Mark Zandi has a message for investors: Brace for a significant market correction.","content":"<div>\n<p>Moody's Analytics Mark Zandi has a message for investors: Brace for a significant market correction.\nThe firm's chief economist expects a more hawkish Federal Reserve will spark a 10% to 20% pullback....</p>\n\n<a href=\"https://www.cnbc.com/2021/06/20/10percent-to-20percent-correction-may-be-underway-due-to-inflation-mark-zandi.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beware of inflation 'headwinds': It could take a year to break even after a 10% to 20% market correction, economist Mark Zandi warns</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\">\nBeware of inflation 'headwinds': It could take a year to break even after a 10% to 20% market correction, economist Mark Zandi warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 07:18 GMT+8 <a href=https://www.cnbc.com/2021/06/20/10percent-to-20percent-correction-may-be-underway-due-to-inflation-mark-zandi.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Moody's Analytics Mark Zandi has a message for investors: Brace for a significant market correction.\nThe firm's chief economist expects a more hawkish Federal Reserve will spark a 10% to 20% pullback....</p>\n\n<a href=\"https://www.cnbc.com/2021/06/20/10percent-to-20percent-correction-may-be-underway-due-to-inflation-mark-zandi.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/20/10percent-to-20percent-correction-may-be-underway-due-to-inflation-mark-zandi.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1171176972","content_text":"Moody's Analytics Mark Zandi has a message for investors: Brace for a significant market correction.\nThe firm's chief economist expects a more hawkish Federal Reserve will spark a 10% to 20% pullback.\nAnd, unlike the sharp drops over the past several years, Zandi anticipates a quick recovery won't be in the cards particularly because the market is richly valued. He estimates it could take a year to return to break even.\n\"The headwinds are building for the equity market,\" Zandi told CNBC's \"Trading Nation\" on Friday. \"TheFederal Reserve has got to switch gearshere because the economy is so strong.\"\nHe suggests the correction may already be underway because investors are starting to get spooked.\nTheDowjust saw itsbiggest weekly loss since October 2020, tumbling 3.45%.The broaderS&P 500saw its worst week since late February. The tech-heavyNasdaqalso had a losing week, but it's just 1.28% off its all-time high.\nDespite his market warning, Zandi believes the economy will avert a recession because the downturn is more about risk asset prices getting overextended than a serious fundamental issue.\n\"The economy is going to be rip-roaring,\" he said. \"Unemployment is going to be low. Wage growth is going to be strong.\"\nZandi has been ringing the alarm on inflation for months.\nOn \"Trading Nation\" in early March, Zandi asserted inflation was \"dead ahead\" and investors weren't fully grasping the risks. According to Zandi, it's still a problem affecting stock market and bond investors. Zandi sees little chance the benchmark10-year Treasury Note yieldwill keep falling.\n\"I wouldn't count on rates staying at 1.5% for very long given what's going on,\" he added.\nStocks and bonds aren't the only risk assets catching his attention. Zandi also sees more trouble brewing in the commodities and cryptocurrency sell-offs. Plus, he's worried about thesustainability of a strong housing market amid higher mortgage rates.\n\"Inflation is going to be higher than it was pre-pandemic,\" Zandi said. \"The Fed has been struggling for at least a quarter of a century to get inflation up, and I think they'll be able to get that.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161827444,"gmtCreate":1623919066788,"gmtModify":1703823480996,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"Time to buy in","listText":"Time to buy in","text":"Time to buy in","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161827444","repostId":"1103057922","repostType":4,"repost":{"id":"1103057922","kind":"news","pubTimestamp":1623916087,"share":"https://ttm.financial/m/news/1103057922?lang=&edition=fundamental","pubTime":"2021-06-17 15:48","market":"us","language":"en","title":"ORPH Stock: What to Know as Orphazyme Pops Again Ahead of June 17 Catalyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1103057922","media":"investorplace","summary":"The meme stock crowd have their sights set on new targets and orphan drug treatment company Orphazym","content":"<p>The meme stock crowd have their sights set on new targets and orphan drug treatment company <b>Orphazyme</b>(NASDAQ:<b><u>ORPH</u></b>) is up nearly 90% today as a result. ORPH stock has been trading jaggedly since last week,at one point up more than 1,000% on Friday, June 11.</p>\n<p>Trading volume of 115 million shares on the day at time of writing was dramatically up from an average daily trading volume of 1.3 million. Orphazyme management released a press release on Friday saying there wasno reason for the stock movement.</p>\n<p>The U.S. Food and Drug Administration has set areview date of June 17 for ORPH stock’s key drug candidate ariclomal, which will be used to treat Niemann-Pick Disease Type C.</p>\n<p>The company is also exploring the efficacy of ariclomal in treating other orphan diseases, though that endeavor hasn’t yielded positive results yet. Two different Phase 2/3 trials for treatment ofInclusion Body MyositisandAmyotrophic Lateral Sclerosisdid not meet their primary and secondary endpoints. In the company’s 2020 annual report, released in March 2021,addressable markets for IBM and ALS made up 45,000 of 62,000 patientsacross the four diseases discussed.</p>\n<p>ORPH stock is presently covered by two analysts, with aprice consensus of $16. That’s more than 15% lower than its current price of $18.88.Meme stock traders have announced their intentionto send Orphazyme to the moon, but it’s hard to believe the stock won’t deflate following FDA results, even if positive.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ORPH Stock: What to Know as Orphazyme Pops Again Ahead of June 17 Catalyst</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\">\nORPH Stock: What to Know as Orphazyme Pops Again Ahead of June 17 Catalyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 15:48 GMT+8 <a href=https://investorplace.com/2021/06/orph-stock-what-to-know-as-orphazyme-pops-again-ahead-of-june-17-catalyst/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The meme stock crowd have their sights set on new targets and orphan drug treatment company Orphazyme(NASDAQ:ORPH) is up nearly 90% today as a result. ORPH stock has been trading jaggedly since last ...</p>\n\n<a href=\"https://investorplace.com/2021/06/orph-stock-what-to-know-as-orphazyme-pops-again-ahead-of-june-17-catalyst/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/06/orph-stock-what-to-know-as-orphazyme-pops-again-ahead-of-june-17-catalyst/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103057922","content_text":"The meme stock crowd have their sights set on new targets and orphan drug treatment company Orphazyme(NASDAQ:ORPH) is up nearly 90% today as a result. ORPH stock has been trading jaggedly since last week,at one point up more than 1,000% on Friday, June 11.\nTrading volume of 115 million shares on the day at time of writing was dramatically up from an average daily trading volume of 1.3 million. Orphazyme management released a press release on Friday saying there wasno reason for the stock movement.\nThe U.S. Food and Drug Administration has set areview date of June 17 for ORPH stock’s key drug candidate ariclomal, which will be used to treat Niemann-Pick Disease Type C.\nThe company is also exploring the efficacy of ariclomal in treating other orphan diseases, though that endeavor hasn’t yielded positive results yet. Two different Phase 2/3 trials for treatment ofInclusion Body MyositisandAmyotrophic Lateral Sclerosisdid not meet their primary and secondary endpoints. In the company’s 2020 annual report, released in March 2021,addressable markets for IBM and ALS made up 45,000 of 62,000 patientsacross the four diseases discussed.\nORPH stock is presently covered by two analysts, with aprice consensus of $16. That’s more than 15% lower than its current price of $18.88.Meme stock traders have announced their intentionto send Orphazyme to the moon, but it’s hard to believe the stock won’t deflate following FDA results, even if positive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151074659,"gmtCreate":1625060482671,"gmtModify":1703735087115,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"BUY","listText":"BUY","text":"BUY","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151074659","repostId":"1102107523","repostType":4,"isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121898184,"gmtCreate":1624457963048,"gmtModify":1703837377126,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121898184","repostId":"1145825451","repostType":4,"repost":{"id":"1145825451","kind":"news","pubTimestamp":1624433586,"share":"https://ttm.financial/m/news/1145825451?lang=&edition=fundamental","pubTime":"2021-06-23 15:33","market":"us","language":"en","title":"Why I Believe NIO Will Beat Out Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1145825451","media":"InvestorPlace","summary":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go","content":"<blockquote>\n <b>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.</b>\n</blockquote>\n<p>Super fans of the latest and greatest high-end<b>Tesla, Inc.</b>(NASDAQ:<b>TSLA</b>) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.</p>\n<p><img src=\"https://static.tigerbbs.com/b294a3604c7ba82bd19b3c70be3a4020\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: nrqemi / Shutterstock.com</p>\n<p>Musk wrote there was… “No need, as Plaid is just so good.”</p>\n<p>The Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.</p>\n<p>Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.</p>\n<p>As a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.</p>\n<p>This “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.</p>\n<p>Both the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.</p>\n<p>Clearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”</p>\n<p>As someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know do<i>not</i>want to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.</p>\n<p>What Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.</p>\n<p>The good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.</p>\n<p>This is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.</p>\n<p>However, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.</p>\n<p><b>Taking Advantage of the EV Revolution’s Profit Potential</b></p>\n<p>I’m talking about <b>Nio, Inc.</b>(NYSE:<b>NIO</b>). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on my<b><i>Platinum Growth Club</i></b>Model Portfolio back in February.</p>\n<p>The company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.</p>\n<p>The company is also partnering with cutting-edge chip companies like<b>NVIDIA Corporation</b>(NASDAQ:<b>NVDA</b>), another one of my<b><i>Platinum Growth Club</i></b>Model Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.</p>\n<p>Now, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.</p>\n<p>With the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.</p>\n<p>That means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.</p>\n<p>Shares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”</p>\n<p>Interestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.</p>\n<p>In other words, NIO represents the<b>crème de la crème</b>of EV stocks right now.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why I Believe NIO Will Beat Out Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy I Believe NIO Will Beat Out Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:33 GMT+8 <a href=https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ...</p>\n\n<a href=\"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉"},"source_url":"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145825451","content_text":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.\nSource: nrqemi / Shutterstock.com\nMusk wrote there was… “No need, as Plaid is just so good.”\nThe Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.\nInstead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.\nAs a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.\nThis “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.\nBoth the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.\nClearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”\nAs someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know donotwant to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.\nWhat Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.\nThe good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.\nThis is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.\nHowever, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.\nTaking Advantage of the EV Revolution’s Profit Potential\nI’m talking about Nio, Inc.(NYSE:NIO). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on myPlatinum Growth ClubModel Portfolio back in February.\nThe company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.\nThe company is also partnering with cutting-edge chip companies likeNVIDIA Corporation(NASDAQ:NVDA), another one of myPlatinum Growth ClubModel Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.\nNow, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.\nWith the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.\nThat means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.\nShares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”\nInterestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.\nIn other words, NIO represents thecrème de la crèmeof EV stocks right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165019987,"gmtCreate":1624080251049,"gmtModify":1703828458326,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"Like share ","listText":"Like share ","text":"Like share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165019987","repostId":"1199331995","repostType":4,"repost":{"id":"1199331995","kind":"news","pubTimestamp":1624065374,"share":"https://ttm.financial/m/news/1199331995?lang=&edition=fundamental","pubTime":"2021-06-19 09:16","market":"us","language":"en","title":"U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1199331995","media":"Renaissance","summary":"12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio","content":"<p>12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.</p>\n<p>Chinese freight platform <b>Full Truck Alliance</b>(YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value (GTV), facilitating 22+ million fulfilled orders with GTV of nearly $8 billion in the 1Q21.</p>\n<p>Healthcare manager <b>Bright Health Group</b>(BHG) plans to raise $1.3 billion at a $15.4 billion market cap. Bright Health seeks to employ a more consumer-centric approach to healthcare to improve consumer experiences. Through a multi-pronged organic and inorganic growth strategy, the company’s core business has grown to serve roughly 623,000 patients in 14 states since its founding.</p>\n<p>Data infrastructure provider <b>Confluent</b>(CFLT) plans to raise $713 million at a $10.0 billion market cap. Confluent data infrastructure offering is designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company had more than 2,500 customers as of March 2021, with a dollar-based net retention rate of 117%.</p>\n<p>Car wash brand <b>Mister Car Wash</b>(MCW) plans to raise $600 million at a $5.3 billion market cap. Profitable with solid cash flow, Mister Car Wash is the largest national car wash brand in the US, with 344 locations in 21 states. The company offers a monthly subscription program called Unlimited Wash Club which had 1.4 million members as of 3/31/21, representing nearly two-thirds of total wash sales.</p>\n<p>Digital physicians network <b>Doximity</b>(DOCS) plans to raise $501 million at a $4.5 billion market cap. Doximity claims that it is the leading digital platform for US medical professionals, allowing collaboration with colleagues and secure coordination of patient care, among other features. Fast growing and profitable, the company had over 1.8 million members as of 3/31/21, representing more than 80% of physicians across the country.</p>\n<p>Customer experience software provider <b>Sprinklr</b>(CXM) plans to raise $361 million at a $5.5 billion market cap. Sprinklr provides a software platform that helps enterprises create a persistent, unified view of each customer at scale. The company has attracted more than 1,000 customers, including over 50% of the Fortune 100. Sprinklr has improved its gross margins, though cash flow swung negative in 1Q FY22.</p>\n<p>HR platform provider <b>First Advantage</b>(FA) plans to raise $298 million at a $2.1 billion market cap. First Advantage provides technology solutions for screening, verifications, safety, and compliance related to human capital. Profitable with positive cash flow, the company derives most of its revenues from pre-onboarding screening, performing over 75 million screens on behalf of more than 30,000 customers in 2020.</p>\n<p>Chinese social networking platform <b>Soulgate</b>(SSR) plans to raise $185 million at a $1.8 billion market cap. The company’s app Soul is a virtual social network created to address the drawbacks of current social media platforms. In March 2021, the company averaged 9.1 million DAUs, a 94% increase over the prior year period.</p>\n<p>Digital financial services provider <b>AMTD Digital</b>(HKD) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.</p>\n<p>Organ bioengineering company <b>Miromatrix Medical</b>(MIRO) plans to raise $32 million at a $162 million market cap. Miromatrix is developing a novel technology for bioengineering fully transplantable human organs, initially focused on livers and kidneys. The company has demonstrated functional vasculature and important organ function in preclinical studies, and hopes to initiate a Phase 1 trial in late 2022 with its External Liver Assist Product.</p>\n<p>Kidney disease biotech <b>Unicycive Therapeutics</b>(UNCY) plans to raise $25 million at a $116 million market cap. The company’s candidates include Renazorb, which was in-licensed from Spectrum Pharmaceuticals, and UNI 494, which was in-licensed from Sphaera Pharmaceuticals. Unicycive began conducting preclinical trials on UNI 494 in 2020.</p>\n<p>Antibiotic biotech <b>Acurx Pharmaceuticals</b>(ACXP) plans to raise $15 million at a $62 million market cap. The company is developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the WHO, CDC, and USDA. Its lead candidate recently completed a Phase 2a trial in patients with C. difficile infections, and is expected to begin a Phase 2b trial this year.</p>\n<table>\n <tbody>\n <tr>\n <th>U.S. IPO Calendar</th>\n </tr>\n <tr>\n <th>Issuer Business</th>\n <th>Deal Size Market Cap</th>\n <th>Price Range Shares Filed</th>\n <th>Top Bookrunners</th>\n </tr>\n <tr>\n <td><p>Full Truck Alliance (YMM)</p><p>Guiyang, China</p></td>\n <td>$1,485M$19,723M</td>\n <td>$17 - $1982,500,000</td>\n <td>Morgan StanleyCICC</td>\n </tr>\n <tr>\n <td>Digital freight platform that connects shippers and truckers in China.</td>\n </tr>\n <tr>\n <td><p>First Advantage (FA)</p><p>Atlanta, GA</p></td>\n <td>$298M$2,097M</td>\n <td>$13 - $1521,250,000</td>\n <td>BarclaysBofA</td>\n </tr>\n <tr>\n <td>Provides background checks and other services to corporate customers.</td>\n </tr>\n <tr>\n <td><p>Sprinklr (CXM)</p><p>New York, NY</p></td>\n <td>$361M$5,541M</td>\n <td>$18 - $2019,000,000</td>\n <td>Morgan StanleyJP Morgan</td>\n </tr>\n <tr>\n <td>Provides customer experience management software for enterprises.</td>\n </tr>\n <tr>\n <td><p>Bright Health Group (BHG)</p><p>Minneapolis, MN</p></td>\n <td>$1,290M$15,385M</td>\n <td>$20 - $2360,000,000</td>\n <td>JP MorganGoldman</td>\n </tr>\n <tr>\n <td>Provides health insurance and other healthcare services.</td>\n </tr>\n <tr>\n <td><p>Confluent (CFLT)</p><p>Mountain View, CA</p></td>\n <td>$713M$10,033M</td>\n <td>$29 - $3323,000,000</td>\n <td>Morgan StanleyJP Morgan</td>\n </tr>\n <tr>\n <td>Provides an enterprise platform that collects and processes real-time data streams.</td>\n </tr>\n <tr>\n <td><p>Doximity (DOCS)</p><p>San Francisco, CA</p></td>\n <td>$501M$4,549M</td>\n <td>$20 - $2323,300,000</td>\n <td>Morgan StanleyGoldman</td>\n </tr>\n <tr>\n <td>Professional network for physicians with telehealth and scheduling tools.</td>\n </tr>\n <tr>\n <td><p>Soulgate (SSR)</p><p>Shanghai, China</p></td>\n <td>$185M$1,824M</td>\n <td>$13 - $1513,200,000</td>\n <td>Morgan StanleyJefferies</td>\n </tr>\n <tr>\n <td>Provides the gamified social networking app Soul in China.</td>\n </tr>\n <tr>\n <td><p>Acurx Pharmaceuticals (ACXP)</p><p>Staten Island, NY</p></td>\n <td>$15M$62M</td>\n <td>$5 - $72,500,000</td>\n <td>Alexander CapitalNetwork 1</td>\n </tr>\n <tr>\n <td>Phase 2 biotech developing antibiotics for antibiotic-resistant pathogens.</td>\n </tr>\n <tr>\n <td><p>Mister Car Wash (MCW)</p><p>Tucson, AZ</p></td>\n <td>$600M$5,256M</td>\n <td>$15 - $1737,500,000</td>\n <td>BofAMorgan Stanley</td>\n </tr>\n <tr>\n <td>Leading national car wash brand with 344 locations across the US.</td>\n </tr>\n <tr>\n <td><p>AMTD Digital (HKD)</p><p>Hong Kong, China</p></td>\n <td>$120M$1,388M</td>\n <td>$6.80 - $8.2016,000,000</td>\n <td>AMTD GlobalLoop Capital</td>\n </tr>\n <tr>\n <td>Digital financial services provider being spun out of AMTD.</td>\n </tr>\n <tr>\n <td><p>Miromatrix Medical (MIRO)</p><p>Eden Prairie, MN</p></td>\n <td>$32M$162M</td>\n <td>$7 - $94,000,000</td>\n <td>Craig-Hallum</td>\n </tr>\n <tr>\n <td>Developing novel bioengineering technology for organ transplants.</td>\n </tr>\n <tr>\n <td><p>Unicycive Therapeutics (UNCY)</p><p>Los Altos, CA</p></td>\n <td>$25M$116M</td>\n <td>$8.50 - $10.502,635,000</td>\n <td>Roth Cap.</td>\n </tr>\n <tr>\n <td>Early-stage biotech developing in-licensed therapies for kidney disease.</td>\n </tr>\n </tbody>\n</table>\n<p>Street research is expected for seven companies, and lock-up periods will be expiring for up to two companies.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:16 GMT+8 <a href=https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week><strong>Renaissance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.\nChinese freight platform Full Truck Alliance(YMM) plans to raise $1.5 billion at a $19.7 billion market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CFLT":"Confluent, Inc.","MCW":"Mister Car Wash, Inc.","DOCS":"Doximity, Inc.","YMM":"满帮","FA":"First Advantage Corp.","CXM":"Sprinklr, Inc."},"source_url":"https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1199331995","content_text":"12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.\nChinese freight platform Full Truck Alliance(YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value (GTV), facilitating 22+ million fulfilled orders with GTV of nearly $8 billion in the 1Q21.\nHealthcare manager Bright Health Group(BHG) plans to raise $1.3 billion at a $15.4 billion market cap. Bright Health seeks to employ a more consumer-centric approach to healthcare to improve consumer experiences. Through a multi-pronged organic and inorganic growth strategy, the company’s core business has grown to serve roughly 623,000 patients in 14 states since its founding.\nData infrastructure provider Confluent(CFLT) plans to raise $713 million at a $10.0 billion market cap. Confluent data infrastructure offering is designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company had more than 2,500 customers as of March 2021, with a dollar-based net retention rate of 117%.\nCar wash brand Mister Car Wash(MCW) plans to raise $600 million at a $5.3 billion market cap. Profitable with solid cash flow, Mister Car Wash is the largest national car wash brand in the US, with 344 locations in 21 states. The company offers a monthly subscription program called Unlimited Wash Club which had 1.4 million members as of 3/31/21, representing nearly two-thirds of total wash sales.\nDigital physicians network Doximity(DOCS) plans to raise $501 million at a $4.5 billion market cap. Doximity claims that it is the leading digital platform for US medical professionals, allowing collaboration with colleagues and secure coordination of patient care, among other features. Fast growing and profitable, the company had over 1.8 million members as of 3/31/21, representing more than 80% of physicians across the country.\nCustomer experience software provider Sprinklr(CXM) plans to raise $361 million at a $5.5 billion market cap. Sprinklr provides a software platform that helps enterprises create a persistent, unified view of each customer at scale. The company has attracted more than 1,000 customers, including over 50% of the Fortune 100. Sprinklr has improved its gross margins, though cash flow swung negative in 1Q FY22.\nHR platform provider First Advantage(FA) plans to raise $298 million at a $2.1 billion market cap. First Advantage provides technology solutions for screening, verifications, safety, and compliance related to human capital. Profitable with positive cash flow, the company derives most of its revenues from pre-onboarding screening, performing over 75 million screens on behalf of more than 30,000 customers in 2020.\nChinese social networking platform Soulgate(SSR) plans to raise $185 million at a $1.8 billion market cap. The company’s app Soul is a virtual social network created to address the drawbacks of current social media platforms. In March 2021, the company averaged 9.1 million DAUs, a 94% increase over the prior year period.\nDigital financial services provider AMTD Digital(HKD) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.\nOrgan bioengineering company Miromatrix Medical(MIRO) plans to raise $32 million at a $162 million market cap. Miromatrix is developing a novel technology for bioengineering fully transplantable human organs, initially focused on livers and kidneys. The company has demonstrated functional vasculature and important organ function in preclinical studies, and hopes to initiate a Phase 1 trial in late 2022 with its External Liver Assist Product.\nKidney disease biotech Unicycive Therapeutics(UNCY) plans to raise $25 million at a $116 million market cap. The company’s candidates include Renazorb, which was in-licensed from Spectrum Pharmaceuticals, and UNI 494, which was in-licensed from Sphaera Pharmaceuticals. Unicycive began conducting preclinical trials on UNI 494 in 2020.\nAntibiotic biotech Acurx Pharmaceuticals(ACXP) plans to raise $15 million at a $62 million market cap. The company is developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the WHO, CDC, and USDA. Its lead candidate recently completed a Phase 2a trial in patients with C. difficile infections, and is expected to begin a Phase 2b trial this year.\n\n\n\nU.S. IPO Calendar\n\n\nIssuer Business\nDeal Size Market Cap\nPrice Range Shares Filed\nTop Bookrunners\n\n\nFull Truck Alliance (YMM)Guiyang, China\n$1,485M$19,723M\n$17 - $1982,500,000\nMorgan StanleyCICC\n\n\nDigital freight platform that connects shippers and truckers in China.\n\n\nFirst Advantage (FA)Atlanta, GA\n$298M$2,097M\n$13 - $1521,250,000\nBarclaysBofA\n\n\nProvides background checks and other services to corporate customers.\n\n\nSprinklr (CXM)New York, NY\n$361M$5,541M\n$18 - $2019,000,000\nMorgan StanleyJP Morgan\n\n\nProvides customer experience management software for enterprises.\n\n\nBright Health Group (BHG)Minneapolis, MN\n$1,290M$15,385M\n$20 - $2360,000,000\nJP MorganGoldman\n\n\nProvides health insurance and other healthcare services.\n\n\nConfluent (CFLT)Mountain View, CA\n$713M$10,033M\n$29 - $3323,000,000\nMorgan StanleyJP Morgan\n\n\nProvides an enterprise platform that collects and processes real-time data streams.\n\n\nDoximity (DOCS)San Francisco, CA\n$501M$4,549M\n$20 - $2323,300,000\nMorgan StanleyGoldman\n\n\nProfessional network for physicians with telehealth and scheduling tools.\n\n\nSoulgate (SSR)Shanghai, China\n$185M$1,824M\n$13 - $1513,200,000\nMorgan StanleyJefferies\n\n\nProvides the gamified social networking app Soul in China.\n\n\nAcurx Pharmaceuticals (ACXP)Staten Island, NY\n$15M$62M\n$5 - $72,500,000\nAlexander CapitalNetwork 1\n\n\nPhase 2 biotech developing antibiotics for antibiotic-resistant pathogens.\n\n\nMister Car Wash (MCW)Tucson, AZ\n$600M$5,256M\n$15 - $1737,500,000\nBofAMorgan Stanley\n\n\nLeading national car wash brand with 344 locations across the US.\n\n\nAMTD Digital (HKD)Hong Kong, China\n$120M$1,388M\n$6.80 - $8.2016,000,000\nAMTD GlobalLoop Capital\n\n\nDigital financial services provider being spun out of AMTD.\n\n\nMiromatrix Medical (MIRO)Eden Prairie, MN\n$32M$162M\n$7 - $94,000,000\nCraig-Hallum\n\n\nDeveloping novel bioengineering technology for organ transplants.\n\n\nUnicycive Therapeutics (UNCY)Los Altos, CA\n$25M$116M\n$8.50 - $10.502,635,000\nRoth Cap.\n\n\nEarly-stage biotech developing in-licensed therapies for kidney disease.\n\n\n\nStreet research is expected for seven companies, and lock-up periods will be expiring for up to two companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161827322,"gmtCreate":1623919048266,"gmtModify":1703823479702,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161827322","repostId":"2144071051","repostType":4,"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169417101,"gmtCreate":1623847253103,"gmtModify":1703821225220,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169417101","repostId":"2143198799","repostType":4,"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345586327,"gmtCreate":1618323668269,"gmtModify":1704709192654,"author":{"id":"3575372039876731","authorId":"3575372039876731","name":"Marco0os","avatar":"https://static.tigerbbs.com/d46598c0c790e4ea6b524daef7d5f0d1","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575372039876731","authorIdStr":"3575372039876731"},"themes":[],"htmlText":"It’s a very hot stock and can be dangerous to invest right after ipo","listText":"It’s a very hot stock and can be dangerous to invest right after ipo","text":"It’s a very hot stock and can be dangerous to invest right after ipo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345586327","repostId":"1194635432","repostType":4,"repost":{"id":"1194635432","kind":"news","pubTimestamp":1618236146,"share":"https://ttm.financial/m/news/1194635432?lang=&edition=fundamental","pubTime":"2021-04-12 22:02","market":"us","language":"en","title":"Can You Make Coin Investing In Coinbase?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194635432","media":"seekingalpha","summary":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the ","content":"<p><b>Summary</b></p><ul><li>Coinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.</li><li>With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.</li><li>Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.</li><li>Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.</li></ul><p>I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?</p><p>At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.</p><p><b>Fundamental Risks 1: The US Regulatory Landscape</b></p><p>The US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.</p><p>Coinbase has the 2nd smallest coin listings</p><p>Coin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.</p><p>Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.</p><p>SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)</p><p>In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.</p><p>XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.</p><p>Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.</p><p>Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.</p><p><img src=\"https://static.tigerbbs.com/5bf68da62452a794c5daaa60ac989840\" tg-width=\"554\" tg-height=\"576\" referrerpolicy=\"no-referrer\">Source: Table created by Author fromCoinMarketCap</p><p><b>Other Regulatory Risks</b></p><p>Regulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.</p><p>Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.</p><p>Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.</p><p><b>Fundamental Risk 2: Losing a Winner-Takes-All Market</b></p><p>There are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.</p><p>Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.</p><p>On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.</p><p>In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).</p><p>Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.</p><p>In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.</p><p><img src=\"https://static.tigerbbs.com/01ca6dafd2b567bd920c5e9f8edc8fbb\" tg-width=\"640\" tg-height=\"202\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Valuation</b></p><p>The tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.</p><p>Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.</p><p>Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.</p><p>Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.</p><p>Table 3:Coinbase's Revenue from 2016-2020<img src=\"https://static.tigerbbs.com/de8396c363230e04130e43f63d653956\" tg-width=\"640\" tg-height=\"231\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 4:Coinbase's Profit from 2016-2020<img src=\"https://static.tigerbbs.com/be2327ad800bd3524a3aaa57e3a0b17f\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 5:Coinbase's Historical Valuations<img src=\"https://static.tigerbbs.com/4b1fd86395ee1b0e38f1f6fd472f84bd\" tg-width=\"640\" tg-height=\"159\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Verdict</b></p><p>In my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.</p><p>The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can You Make Coin Investing In Coinbase?</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\">\nCan You Make Coin Investing In Coinbase?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 22:02 GMT+8 <a href=https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all ...</p>\n\n<a href=\"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194635432","content_text":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.Fundamental Risks 1: The US Regulatory LandscapeThe US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.Coinbase has the 2nd smallest coin listingsCoin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.Source: Table created by Author fromCoinMarketCapOther Regulatory RisksRegulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.Fundamental Risk 2: Losing a Winner-Takes-All MarketThere are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.Source:BusinessofAppsValuationThe tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.Table 3:Coinbase's Revenue from 2016-2020Source:BusinessofAppsTable 4:Coinbase's Profit from 2016-2020Source:BusinessofAppsTable 5:Coinbase's Historical ValuationsSource:BusinessofAppsVerdictIn my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}