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darrentanjm

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2021-06-10

Both must haves. Along with baba. 20x FY22 earnings!!! Mad

One FAANG stock is quietly making new highs, and one strategist still sees it as a buy

2021-06-13

Always buy quality on weakness

2 Crucial Lessons From Cathie Wood About Apple Stock

2021-05-05

Rebound too fast....

Nasdaq rises as tech stocks rebound after sell-off, lead market higher

2021-07-14

Dont forget. The fed is always behind...

Stocks open higher as Powell says the Fed will not yet alter easy policy

2021-03-22

Baba is undervalued!!

Here Are Five Stocks Top Analysts Are Heavily Bullish On, Heading Into April

2021-03-11

1.8 would be good

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2021-05-07

Must have in your portfolio. Pls don't go up so fast. You're too expensive

Amazon: The Most Clearly Undervalued Company

2021-04-23

Super undervalued. Buy now!!

Alibaba: The End Hasn't Come

2021-05-04

2 more days of correction pls!

Stocks decline after a solid start to May, tech shares lead losses

2021-03-23

Super undervalued! Major buy

Alibaba: A Value And Growth Stock At Current Prices

2021-07-13

All good things come to an end

477 Days And Counting: How The Current Post-Pandemic Bull Market Compares To Bull Markets Of The Past

2021-05-12

Healthy correction. Market has ran up too fast

Stocks take a hit as trading opens Wednesday, spooked by inflation data

2021-04-06

Who needs to innovate when you can copy well

Lei Jun: The price range of the first Xiaomi car is RMB100000-300000

2021-04-05

Dead cat bounce?

Dow jumps more than 200 points to a record as blowout jobs report boosts confidence

2021-03-25

BABA!!

The Hang Seng Index fell 1.04% at the opening. Baidu Group fell more than 9%

2021-03-24

BABA

Tencent's quarterly profit jumps 175%, above forecast

2021-05-21

One of the most solid tech companies. Must have in your port. Wait for another decent correction

Sorry, the original content has been removed

2021-04-30

Amazing. Big tech will always win

The tech giants showed how dominant they are this week

2021-04-13

Still way undervalued!

Sorry, the original content has been removed

2021-07-21

Embrace the crash

Sorry, the original content has been removed

Go to Tiger App to see more news

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way too choppy. Remember tencent was down 50% the last time regulators intervened&nbsp;","listText":"Still way too choppy. Remember tencent was down 50% the last time regulators intervened&nbsp;","text":"Still way too choppy. Remember tencent was down 50% the last time regulators intervened","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/800526534","repostId":"1182272222","repostType":4,"repost":{"id":"1182272222","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1627306606,"share":"https://ttm.financial/m/news/1182272222?lang=&edition=fundamental","pubTime":"2021-07-26 21:36","market":"us","language":"en","title":"Hot Chinese concept stocks tumbled in Monday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1182272222","media":"Tiger Newspress","summary":"Hot Chinese concept stocks tumbled on tighter regulations in Monday morning trading.Alibaba,Pinduodu","content":"<p>Hot Chinese concept stocks tumbled&nbsp;on tighter regulations in Monday morning trading.Alibaba,Pinduoduo,JD.com&nbsp;fell&nbsp;5%,NetEase&nbsp;fell&nbsp;9%,Baidu&nbsp;and&nbsp;DIDI&nbsp;fell&nbsp;4%,NIO&nbsp;fell&nbsp;3%.</p>\n<p><img src=\"https://static.tigerbbs.com/7801d0831528c72d7e459f0c2f4f949c\" tg-width=\"374\" tg-height=\"662\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b5473360c07bc6035e6ea5b17556a520\" tg-width=\"370\" tg-height=\"725\" width=\"100%\" height=\"auto\"></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>Hot Chinese concept stocks tumbled in Monday morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Chinese concept stocks tumbled in Monday morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-26 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hot Chinese concept stocks tumbled&nbsp;on tighter regulations in Monday morning trading.Alibaba,Pinduoduo,JD.com&nbsp;fell&nbsp;5%,NetEase&nbsp;fell&nbsp;9%,Baidu&nbsp;and&nbsp;DIDI&nbsp;fell&nbsp;4%,NIO&nbsp;fell&nbsp;3%.</p>\n<p><img src=\"https://static.tigerbbs.com/7801d0831528c72d7e459f0c2f4f949c\" tg-width=\"374\" tg-height=\"662\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b5473360c07bc6035e6ea5b17556a520\" tg-width=\"370\" tg-height=\"725\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","XPEV":"小鹏汽车","PDD":"拼多多","BIDU":"百度","JD":"京东","BABA":"阿里巴巴","DIDI":"滴滴(已退市)","LI":"理想汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182272222","content_text":"Hot Chinese concept stocks tumbled on tighter regulations in Monday morning trading.Alibaba,Pinduoduo,JD.com fell 5%,NetEase fell 9%,Baidu and DIDI fell 4%,NIO fell 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":536,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178827078,"gmtCreate":1626799246394,"gmtModify":1703765505837,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Embrace the crash&nbsp;","listText":"Embrace the crash&nbsp;","text":"Embrace the crash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178827078","repostId":"1188133258","repostType":4,"repost":{"id":"1188133258","kind":"news","pubTimestamp":1626787650,"share":"https://ttm.financial/m/news/1188133258?lang=&edition=fundamental","pubTime":"2021-07-20 21:27","market":"us","language":"en","title":"Goldman Says \"Don't Buy This Dip\" And Here's Why...","url":"https://stock-news.laohu8.com/highlight/detail?id=1188133258","media":"zerohedge","summary":"At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-we","content":"<p>At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-week seasonal period of the year, with the first 18 days of the month traditionally the strongest period for markets...</p>\n<p><img src=\"https://static.tigerbbs.com/e7dc88222112e4655f492c56509f9d64\" tg-width=\"1280\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>... and followed up with apredictionthat shorts will have to cover, which they did during a period in which we saw 13 out of 16 trading days hit new all time highs.</p>\n<p>Of course, it all came crashing down in the last 3 days when the S&amp;P slide accelerated, culminating with a scary rout on Monday when tumbling yields sparked a panic that the US economy is headed straight into a stagflationary crash.</p>\n<p>And yet, with futures rebounding and traders clearly showing a desire to catch what has been the fastest falling knife in months, we were surprised to read that the same John Flood who correctly predicted the market ramp in the first half of July, has now flipped completely and in a note published overnight writes \"<b>don't buy this dip.</b>\" He explains why:</p>\n<blockquote>\n I am a consistent buyer of dips but this wobble feels different and I am bracing for a weaker tape this week. Negative Covid headlines are picking up in velocity. Issuance spigots are fully turned on and this paper is getting harder to place from my seat (after some choppy px action related to issuance last week).\n</blockquote>\n<blockquote>\n <b>99% of S&amp;P500 companies are in buyback blackout period into next week and quant flows remain asymmetric on the supply side (AKA CTA sellers will win this tug of war).</b>Earnings last week were great but were not rewarded (banks)...this week and next are the 2 busiest weeks of the earnings period.\n</blockquote>\n<blockquote>\n Overall market breadth continues to dissipate with FAAMG complex carrying the weight of the indices on its back. July has not been a fun month for the retail community (underlying retail bid is fading). HF length has recently come in significantly on a 1 year look back but on a 3 year basis is well above 50th percentile for both nets and grosses (still more wood to chop here). Institutional community continues to cut risk in China ADR’s post DIDI development while U.S. / China tensions rise. All eyes remain 10yr yields well below 200dma of 1.26 for first time in 2021. No need to hit the panic button but I plan on being patient with buy tickets over the next several sessions.\n</blockquote>\n<p>And here are the 10 key<i>bearish</i>developments Flood is monitoring:</p>\n<p><b>1) Covid headlines over the weekend were the most negative that I have seen in 2021. Here are the 5 that stood out to me...</b></p>\n<ul>\n <li>U.S. infections surged more than 60% last week, topping a 16% global increase. Delta cases may be undercounted, former FDA chief Scott Gottlieb said. The Dr. warned that the US is “vastly underestimating” the level of COVID delta spread domestically.CNBC</li>\n <li>The CDC warns of a “pandemic of the unvaccinated” as cases, hospitalizations, and fatalities rise in those parts of the country with low inoculation rates.BBG</li>\n <li>CDC says other major US cities will probably follow LA and reimpose mask mandates as COVID statistics continue to deteriorate.FT</li>\n <li>First Olympic athletes in Tokyo test positive for COVID, just days before the games are expected to commence (Coco Gauff the highest profile U.S. athlete to withdraw)</li>\n <li>The UK said travelers from France will need to quarantine for 10 days regardless of vaccination status, an announcement that “leaves holidays in disarray”.London Times</li>\n</ul>\n<p><b>2) It has been a paper party and this paper is getting harder to place. Last week we priced 11 registered deals in the U.S. ($3b notional) and this week already working on another 18 ($10b). This is especially noteworthy while in the depths of July.</b></p>\n<p><b>3) Only 1 week into 2Q earnings but banks telling us to expect beats but NOT TO expect these beats to be rewarded. AKA sell sides estimates are still too low and positioning remains crowded. Since JPM kicked of megacap tech bank earnings last Tuesday morning (essentially beats across the board) bank index has shed 355bps.</b></p>\n<p><b>4) We are in depths of corporate buyback blackout period and this will run through 7/23/21....</b></p>\n<p><img src=\"https://static.tigerbbs.com/2aaf1e5d45694a097b50a91dbde1c820\" tg-width=\"500\" tg-height=\"271\" referrerpolicy=\"no-referrer\"><b>5) Systematic flows are asymmetric...(AKA CTAs are sellers in a up and down tape)....</b></p>\n<p><img src=\"https://static.tigerbbs.com/4bba4d70220e9707ea2844810c1a10b2\" tg-width=\"866\" tg-height=\"381\" referrerpolicy=\"no-referrer\"><b>6) Market breadth continues to deteriorate (was at ATH of 100 last month)....</b></p>\n<p><img src=\"https://static.tigerbbs.com/39de9052680301024db46173d0dce29f\" tg-width=\"507\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><b>7) AKA without recent stellar price action on FAAMG the market would be in some trouble...</b></p>\n<p><img src=\"https://static.tigerbbs.com/0ae0c7eead73ad8dc2ecc63bcbd9e27e\" tg-width=\"500\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p>\n<p><b>8) Tensions with China escalating and we see continued derisking in ADRs: The White House is accusing China of perpetrating a massive hack of Microsoft’s email systems and will form a coalition of NATO members to condemn Beijing’s cyber activities.NYT</b></p>\n<p><b>9) Retail support has been waning MTD....(GS HIGH RETAIL SENTIMENT BASKET)....</b></p>\n<p><img src=\"https://static.tigerbbs.com/91d1bdeccdbb13bda1edf2982fd29b9c\" tg-width=\"969\" tg-height=\"737\" width=\"100%\" height=\"auto\"></p>\n<p><b>1</b><b>0) On 1 year look back Fundamental L/S positioning has come in significantly....on a 3yr look back still elevated....</b></p>\n<p><img src=\"https://static.tigerbbs.com/588f67823e6fabf1df2586491f930477\" tg-width=\"912\" tg-height=\"105\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Says \"Don't Buy This Dip\" And Here's Why...</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Says \"Don't Buy This Dip\" And Here's Why...\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 21:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/goldman-says-dont-buy-dip-and-heres-why?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-week seasonal period of the year, with the first 18 days of the month traditionally the strongest ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/goldman-says-dont-buy-dip-and-heres-why?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/goldman-says-dont-buy-dip-and-heres-why?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188133258","content_text":"At the start of the month,Goldman trader John Flood correctly saidthat we are entering the best 2-week seasonal period of the year, with the first 18 days of the month traditionally the strongest period for markets...\n\n... and followed up with apredictionthat shorts will have to cover, which they did during a period in which we saw 13 out of 16 trading days hit new all time highs.\nOf course, it all came crashing down in the last 3 days when the S&P slide accelerated, culminating with a scary rout on Monday when tumbling yields sparked a panic that the US economy is headed straight into a stagflationary crash.\nAnd yet, with futures rebounding and traders clearly showing a desire to catch what has been the fastest falling knife in months, we were surprised to read that the same John Flood who correctly predicted the market ramp in the first half of July, has now flipped completely and in a note published overnight writes \"don't buy this dip.\" He explains why:\n\n I am a consistent buyer of dips but this wobble feels different and I am bracing for a weaker tape this week. Negative Covid headlines are picking up in velocity. Issuance spigots are fully turned on and this paper is getting harder to place from my seat (after some choppy px action related to issuance last week).\n\n\n99% of S&P500 companies are in buyback blackout period into next week and quant flows remain asymmetric on the supply side (AKA CTA sellers will win this tug of war).Earnings last week were great but were not rewarded (banks)...this week and next are the 2 busiest weeks of the earnings period.\n\n\n Overall market breadth continues to dissipate with FAAMG complex carrying the weight of the indices on its back. July has not been a fun month for the retail community (underlying retail bid is fading). HF length has recently come in significantly on a 1 year look back but on a 3 year basis is well above 50th percentile for both nets and grosses (still more wood to chop here). Institutional community continues to cut risk in China ADR’s post DIDI development while U.S. / China tensions rise. All eyes remain 10yr yields well below 200dma of 1.26 for first time in 2021. No need to hit the panic button but I plan on being patient with buy tickets over the next several sessions.\n\nAnd here are the 10 keybearishdevelopments Flood is monitoring:\n1) Covid headlines over the weekend were the most negative that I have seen in 2021. Here are the 5 that stood out to me...\n\nU.S. infections surged more than 60% last week, topping a 16% global increase. Delta cases may be undercounted, former FDA chief Scott Gottlieb said. The Dr. warned that the US is “vastly underestimating” the level of COVID delta spread domestically.CNBC\nThe CDC warns of a “pandemic of the unvaccinated” as cases, hospitalizations, and fatalities rise in those parts of the country with low inoculation rates.BBG\nCDC says other major US cities will probably follow LA and reimpose mask mandates as COVID statistics continue to deteriorate.FT\nFirst Olympic athletes in Tokyo test positive for COVID, just days before the games are expected to commence (Coco Gauff the highest profile U.S. athlete to withdraw)\nThe UK said travelers from France will need to quarantine for 10 days regardless of vaccination status, an announcement that “leaves holidays in disarray”.London Times\n\n2) It has been a paper party and this paper is getting harder to place. Last week we priced 11 registered deals in the U.S. ($3b notional) and this week already working on another 18 ($10b). This is especially noteworthy while in the depths of July.\n3) Only 1 week into 2Q earnings but banks telling us to expect beats but NOT TO expect these beats to be rewarded. AKA sell sides estimates are still too low and positioning remains crowded. Since JPM kicked of megacap tech bank earnings last Tuesday morning (essentially beats across the board) bank index has shed 355bps.\n4) We are in depths of corporate buyback blackout period and this will run through 7/23/21....\n5) Systematic flows are asymmetric...(AKA CTAs are sellers in a up and down tape)....\n6) Market breadth continues to deteriorate (was at ATH of 100 last month)....\n7) AKA without recent stellar price action on FAAMG the market would be in some trouble...\n\n8) Tensions with China escalating and we see continued derisking in ADRs: The White House is accusing China of perpetrating a massive hack of Microsoft’s email systems and will form a coalition of NATO members to condemn Beijing’s cyber activities.NYT\n9) Retail support has been waning MTD....(GS HIGH RETAIL SENTIMENT BASKET)....\n\n10) On 1 year look back Fundamental L/S positioning has come in significantly....on a 3yr look back still elevated....","news_type":1},"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170960934,"gmtCreate":1626399883428,"gmtModify":1703759389980,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Feds always behind. As usual...&nbsp;","listText":"Feds always behind. As usual...&nbsp;","text":"Feds always behind. As usual...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170960934","repostId":"1109408846","repostType":4,"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144631546,"gmtCreate":1626278459985,"gmtModify":1703757090004,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Apple's services is still their future&nbsp;","listText":"Apple's services is still their future&nbsp;","text":"Apple's services is still their future","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144631546","repostId":"1109822941","repostType":4,"repost":{"id":"1109822941","kind":"news","pubTimestamp":1626271170,"share":"https://ttm.financial/m/news/1109822941?lang=&edition=fundamental","pubTime":"2021-07-14 21:59","market":"us","language":"en","title":"Apple at Fresh Record High on iPhone Production Boost Report, JPMorgan Upgrade","url":"https://stock-news.laohu8.com/highlight/detail?id=1109822941","media":"Thestreet","summary":"Apple shares jumped to a fresh record high Wednesday following a report that the iPhone maker has asked suppliers to boost production by as much as 20% this year as it looks to meet improving customer demand.Bloomberg reported Wednesday that Apple is looking to build 90 million next-generation iPhones this year, with the world's biggest tech company expected to get a boost from the launch of new 5G handsets later this year. Earlier this month, Apple's main rival, Samsung Electronics, saidJune qu","content":"<p>Apple&nbsp;shares jumped to a fresh record high Wednesday following a report that the iPhone maker has asked suppliers to boost production by as much as 20% this year as it looks to meet improving customer demand.</p>\n<p>Bloomberg reported Wednesday that Apple is looking to build 90 million next-generation iPhones this year, with the world's biggest tech company expected to get a boost from the launch of new 5G handsets later this year. Earlier this month, Apple's main rival, Samsung Electronics,&nbsp;saidJune quarter profits are likely to rise by 53% from last yearto 12.5 trillion won ($11 billion).</p>\n<p>Shares were also buoyed by an upgrade at JPMorgan, which added the stock to its 'analyst focus list' as&nbsp;Samik Chatterjee&nbsp;boosted his price target by $5 to $175 each.</p>\n<p>\"We are adding Apple shares to the Analyst Focus List as a Growth idea as data points supporting our recently highlighted favorable view on the shares continue to trickle in, including upside revision to iPhone 12 build estimates by Apple Supply Chain analyst, William Yang, as well as continued strength in sales of Mac devices,\" Chatterjee wrote. \"While the above drivers lead to an increase in our near-term forecasts, the recent momentum led by better market share, drives us to also estimate higher sustainable volumes in future quarters, leading us to see a path to Apple outperforming investor expectations over a longer time horizon rather than just the upcoming earnings print.\"</p>\n<p>Apple shares were marked 2.1% higher in early trading Wednesday to change hands at $148.71 each, just shy of the intra-day record high of $148.96 it hit at the opening bell.</p>\n<p>Apple is set to report its third quarter earnings on July 27, with CFO Luca Maestri cautioning investors in late April that the group is likely to experience a \"steeper than usual\" sequential revenue decline thanks in part to supply constraints linked to the global semiconductor shortage following Street-blasting sales of nearly $90 billion for the three months ending in March.</p>\n<p>Apple said iPhone revenues rose 65% from last year to $47.94 billion, well ahead of the $41.7 billion Street forecast, thanks to what CEO Tim Cook called \"strong demand for the iPhone 12 family\".</p>\n<p>Greater China revenues, Apple said, rose 88% from last year's pandemic trough to $17.728 billion, while overall services revenues rose 26.6% to $16.9 billion.</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>Apple at Fresh Record High on iPhone Production Boost Report, JPMorgan Upgrade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple at Fresh Record High on iPhone Production Boost Report, JPMorgan Upgrade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 21:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/apple-jumps-on-iphone-production-boost-report-jpmorgan-upgrade><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple shares jumped to a fresh record high Wednesday following a report that the iPhone maker has asked suppliers to boost production by as much as 20% this year as it looks to meet improving customer...</p>\n\n<a href=\"https://www.thestreet.com/investing/apple-jumps-on-iphone-production-boost-report-jpmorgan-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/investing/apple-jumps-on-iphone-production-boost-report-jpmorgan-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109822941","content_text":"Apple shares jumped to a fresh record high Wednesday following a report that the iPhone maker has asked suppliers to boost production by as much as 20% this year as it looks to meet improving customer demand.\nBloomberg reported Wednesday that Apple is looking to build 90 million next-generation iPhones this year, with the world's biggest tech company expected to get a boost from the launch of new 5G handsets later this year. Earlier this month, Apple's main rival, Samsung Electronics, saidJune quarter profits are likely to rise by 53% from last yearto 12.5 trillion won ($11 billion).\nShares were also buoyed by an upgrade at JPMorgan, which added the stock to its 'analyst focus list' as Samik Chatterjee boosted his price target by $5 to $175 each.\n\"We are adding Apple shares to the Analyst Focus List as a Growth idea as data points supporting our recently highlighted favorable view on the shares continue to trickle in, including upside revision to iPhone 12 build estimates by Apple Supply Chain analyst, William Yang, as well as continued strength in sales of Mac devices,\" Chatterjee wrote. \"While the above drivers lead to an increase in our near-term forecasts, the recent momentum led by better market share, drives us to also estimate higher sustainable volumes in future quarters, leading us to see a path to Apple outperforming investor expectations over a longer time horizon rather than just the upcoming earnings print.\"\nApple shares were marked 2.1% higher in early trading Wednesday to change hands at $148.71 each, just shy of the intra-day record high of $148.96 it hit at the opening bell.\nApple is set to report its third quarter earnings on July 27, with CFO Luca Maestri cautioning investors in late April that the group is likely to experience a \"steeper than usual\" sequential revenue decline thanks in part to supply constraints linked to the global semiconductor shortage following Street-blasting sales of nearly $90 billion for the three months ending in March.\nApple said iPhone revenues rose 65% from last year to $47.94 billion, well ahead of the $41.7 billion Street forecast, thanks to what CEO Tim Cook called \"strong demand for the iPhone 12 family\".\nGreater China revenues, Apple said, rose 88% from last year's pandemic trough to $17.728 billion, while overall services revenues rose 26.6% to $16.9 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144100069,"gmtCreate":1626270394551,"gmtModify":1703756762613,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Dont forget. The fed is always behind...&nbsp;","listText":"Dont forget. The fed is always behind...&nbsp;","text":"Dont forget. The fed is always behind...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/144100069","repostId":"1158673076","repostType":4,"isVote":1,"tweetType":1,"viewCount":788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145324442,"gmtCreate":1626191073086,"gmtModify":1703755304940,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"All good things come to an end&nbsp;","listText":"All good things come to an end&nbsp;","text":"All good things come to an end","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145324442","repostId":"1198485083","repostType":4,"repost":{"id":"1198485083","kind":"news","pubTimestamp":1626186297,"share":"https://ttm.financial/m/news/1198485083?lang=&edition=fundamental","pubTime":"2021-07-13 22:24","market":"us","language":"en","title":"477 Days And Counting: How The Current Post-Pandemic Bull Market Compares To Bull Markets Of The Past","url":"https://stock-news.laohu8.com/highlight/detail?id=1198485083","media":"Benzinga","summary":"The S&P 500 made new all-time highs on Monday, and the bull market that started on March 23, 2020 ha","content":"<p>The S&amp;P 500 made new all-time highs on Monday, and the bull market that started on March 23, 2020 has had very few bumps in the road up to this point. The bull market is now 477 days old, and the S&amp;P 500 has rallied just over 100% since hitting its intraday pandemic low of 2,191.86 last March.</p>\n<p>It may seem like an eternity since that pandemic low in 2020, but asRitholtz portfolio manager Ben Carlson highlighted, history suggests the bull market may be just getting started.</p>\n<p><b>Bull Market Numbers:</b>A bull market is defined as a gain of at least 20% from a bear market trough. There have been 23 S&amp;P 500 bull markets since 1928. The average bull market has lasted 1,121 days, or just over three years. However, the past five bull markets have lasted at least 1,826 days.</p>\n<p>The bull market from March 2009 to February 2020 that ended when the pandemic hit lasted 3,999 days. The bull market from December 1987 to the bursting of the dot-com bubble in March 2000 lasted 4,494 days, or about 12.3 years.</p>\n<p>By duration, the current bull market is relatively young compared to most bull markets of the past. But it has certainly come a long way fast. In fact, in just 477 days, the current bull market’s 100% return off of trough lows is just 22% shy of the average bull market return since 1928.</p>\n<p>And just because a bear market was less than two years ago doesn’t mean investors are in the clear of a major market correction (a decline of at least 10% from the bull market peak) or another bear market (a decline of at least 20%). There have been 32 corrections and 21 bear markets since 1928, or roughly one every 21 months.</p>\n<p><b>Benzinga’s Take:</b>These historical numbers are a great way for investors to keep some perspective on where the S&amp;P 500 is and where it might be going. But past performance is certainly not a reliable predictor of future results, and nobody should be going long or short the&nbsp;based on historical bull market trends.</p>","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>477 Days And Counting: How The Current Post-Pandemic Bull Market Compares To Bull Markets Of The Past</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\">\n477 Days And Counting: How The Current Post-Pandemic Bull Market Compares To Bull Markets Of The Past\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 22:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/education/21/07/21957243/477-days-and-counting-how-the-current-post-pandemic-bull-market-compares-to-bull-markets-of-the><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 made new all-time highs on Monday, and the bull market that started on March 23, 2020 has had very few bumps in the road up to this point. The bull market is now 477 days old, and the S&P ...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/07/21957243/477-days-and-counting-how-the-current-post-pandemic-bull-market-compares-to-bull-markets-of-the\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.benzinga.com/general/education/21/07/21957243/477-days-and-counting-how-the-current-post-pandemic-bull-market-compares-to-bull-markets-of-the","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198485083","content_text":"The S&P 500 made new all-time highs on Monday, and the bull market that started on March 23, 2020 has had very few bumps in the road up to this point. The bull market is now 477 days old, and the S&P 500 has rallied just over 100% since hitting its intraday pandemic low of 2,191.86 last March.\nIt may seem like an eternity since that pandemic low in 2020, but asRitholtz portfolio manager Ben Carlson highlighted, history suggests the bull market may be just getting started.\nBull Market Numbers:A bull market is defined as a gain of at least 20% from a bear market trough. There have been 23 S&P 500 bull markets since 1928. The average bull market has lasted 1,121 days, or just over three years. However, the past five bull markets have lasted at least 1,826 days.\nThe bull market from March 2009 to February 2020 that ended when the pandemic hit lasted 3,999 days. The bull market from December 1987 to the bursting of the dot-com bubble in March 2000 lasted 4,494 days, or about 12.3 years.\nBy duration, the current bull market is relatively young compared to most bull markets of the past. But it has certainly come a long way fast. In fact, in just 477 days, the current bull market’s 100% return off of trough lows is just 22% shy of the average bull market return since 1928.\nAnd just because a bear market was less than two years ago doesn’t mean investors are in the clear of a major market correction (a decline of at least 10% from the bull market peak) or another bear market (a decline of at least 20%). There have been 32 corrections and 21 bear markets since 1928, or roughly one every 21 months.\nBenzinga’s Take:These historical numbers are a great way for investors to keep some perspective on where the S&P 500 is and where it might be going. But past performance is certainly not a reliable predictor of future results, and nobody should be going long or short the based on historical bull market trends.","news_type":1},"isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161434447,"gmtCreate":1623937858289,"gmtModify":1703823983699,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Fed will hike rates sooner than you think","listText":"Fed will hike rates sooner than you think","text":"Fed will hike rates sooner than you think","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161434447","repostId":"1114861992","repostType":4,"repost":{"id":"1114861992","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623936627,"share":"https://ttm.financial/m/news/1114861992?lang=&edition=fundamental","pubTime":"2021-06-17 21:30","market":"us","language":"en","title":"Stocks are flat after post-Fed decision sell-off","url":"https://stock-news.laohu8.com/highlight/detail?id=1114861992","media":"Tiger Newspress","summary":"Stocks were flat on Thursday, a day after the Federal Reserve's rate outlook sparked a sell-off.\nThe","content":"<p>Stocks were flat on Thursday, a day after the Federal Reserve's rate outlook sparked a sell-off.</p>\n<p>The Dow Jones Industrial Average dropped 5 points. The S&amp;P 500 was flat and Nasdaq Composite fell 0.15%.</p>\n<p>The closely-watch Federal Reserve meeting Wednesday spurred a sell-off in equities after the central bankmoved up its timeline for rate hikes, seeing two increases in 2023. The Fed also hiked its inflation hitting 3.4% this year, a percentage point higher than the FOMC's forecast in March.</p>\n<p>Materials stocks were set to drop on Thursday as higher rates may further take the air out of a big commodities rally in 2021. China isalso cracking down on the commodities surgeto ease inflation fears.Freeport-McMoRanled materials stocks lower in premarket trading, down 2%. Copper futures were off by 2%.</p>\n<p>Wells FargoandCitigroupwere higher in premarket trading on hopes higher rates will boost profits for banks. Meanwhile, some once-hot tech stocks were lower in premarket trading withZoom VideoandTesladown by about 1%.</p>\n<p>Hedge fund legend&nbsp;David Tepper&nbsp;told CNBC's Scott Wapnerthat the Fed did a good job on Wednesday and that \"the stock market is still fine for now,\" Tepper said. The S&amp;P 500 is less than 1% from an all-time high.</p>\n<p>On Wednesday, the Dow lost about 265 points and the S&amp;P 500 edged 0.5% lower. The Nasdaq Composite dipped 0.2%.</p>\n<p>Markets rallied off their intraday lows Wednesday after Fed Chair Jerome Powell said projections for future rate increases should be \"taken with a big grain of salt\" and reiterated that he believes that inflation is transitory. Powell also did not issue guidance on when the central bank will begin tapering its bond-buying program.</p>\n<p>\"You can think of this meeting that we had as the 'talking about talking about' meeting, if you'd like,\" Powell said when asked about tapering. \"I now suggest that we retire that term, which has served its purpose.\"</p>\n<p>The Fed chair said the central bank will continue to monitor the economic recovery and will provide \"advanced notice\" before announcing any updates regarding tapering.</p>\n<p>The Labor Department reported that initial jobless claimsrose last week to 412,000, an improvement from the previous week's 375,000, but above Dow Jones expectations of 360,000.</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>Stocks are flat after post-Fed decision sell-off</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\">\nStocks are flat after post-Fed decision sell-off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-17 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks were flat on Thursday, a day after the Federal Reserve's rate outlook sparked a sell-off.</p>\n<p>The Dow Jones Industrial Average dropped 5 points. The S&amp;P 500 was flat and Nasdaq Composite fell 0.15%.</p>\n<p>The closely-watch Federal Reserve meeting Wednesday spurred a sell-off in equities after the central bankmoved up its timeline for rate hikes, seeing two increases in 2023. The Fed also hiked its inflation hitting 3.4% this year, a percentage point higher than the FOMC's forecast in March.</p>\n<p>Materials stocks were set to drop on Thursday as higher rates may further take the air out of a big commodities rally in 2021. China isalso cracking down on the commodities surgeto ease inflation fears.Freeport-McMoRanled materials stocks lower in premarket trading, down 2%. Copper futures were off by 2%.</p>\n<p>Wells FargoandCitigroupwere higher in premarket trading on hopes higher rates will boost profits for banks. Meanwhile, some once-hot tech stocks were lower in premarket trading withZoom VideoandTesladown by about 1%.</p>\n<p>Hedge fund legend&nbsp;David Tepper&nbsp;told CNBC's Scott Wapnerthat the Fed did a good job on Wednesday and that \"the stock market is still fine for now,\" Tepper said. The S&amp;P 500 is less than 1% from an all-time high.</p>\n<p>On Wednesday, the Dow lost about 265 points and the S&amp;P 500 edged 0.5% lower. The Nasdaq Composite dipped 0.2%.</p>\n<p>Markets rallied off their intraday lows Wednesday after Fed Chair Jerome Powell said projections for future rate increases should be \"taken with a big grain of salt\" and reiterated that he believes that inflation is transitory. Powell also did not issue guidance on when the central bank will begin tapering its bond-buying program.</p>\n<p>\"You can think of this meeting that we had as the 'talking about talking about' meeting, if you'd like,\" Powell said when asked about tapering. \"I now suggest that we retire that term, which has served its purpose.\"</p>\n<p>The Fed chair said the central bank will continue to monitor the economic recovery and will provide \"advanced notice\" before announcing any updates regarding tapering.</p>\n<p>The Labor Department reported that initial jobless claimsrose last week to 412,000, an improvement from the previous week's 375,000, but above Dow Jones expectations of 360,000.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114861992","content_text":"Stocks were flat on Thursday, a day after the Federal Reserve's rate outlook sparked a sell-off.\nThe Dow Jones Industrial Average dropped 5 points. The S&P 500 was flat and Nasdaq Composite fell 0.15%.\nThe closely-watch Federal Reserve meeting Wednesday spurred a sell-off in equities after the central bankmoved up its timeline for rate hikes, seeing two increases in 2023. The Fed also hiked its inflation hitting 3.4% this year, a percentage point higher than the FOMC's forecast in March.\nMaterials stocks were set to drop on Thursday as higher rates may further take the air out of a big commodities rally in 2021. China isalso cracking down on the commodities surgeto ease inflation fears.Freeport-McMoRanled materials stocks lower in premarket trading, down 2%. Copper futures were off by 2%.\nWells FargoandCitigroupwere higher in premarket trading on hopes higher rates will boost profits for banks. Meanwhile, some once-hot tech stocks were lower in premarket trading withZoom VideoandTesladown by about 1%.\nHedge fund legend David Tepper told CNBC's Scott Wapnerthat the Fed did a good job on Wednesday and that \"the stock market is still fine for now,\" Tepper said. The S&P 500 is less than 1% from an all-time high.\nOn Wednesday, the Dow lost about 265 points and the S&P 500 edged 0.5% lower. The Nasdaq Composite dipped 0.2%.\nMarkets rallied off their intraday lows Wednesday after Fed Chair Jerome Powell said projections for future rate increases should be \"taken with a big grain of salt\" and reiterated that he believes that inflation is transitory. Powell also did not issue guidance on when the central bank will begin tapering its bond-buying program.\n\"You can think of this meeting that we had as the 'talking about talking about' meeting, if you'd like,\" Powell said when asked about tapering. \"I now suggest that we retire that term, which has served its purpose.\"\nThe Fed chair said the central bank will continue to monitor the economic recovery and will provide \"advanced notice\" before announcing any updates regarding tapering.\nThe Labor Department reported that initial jobless claimsrose last week to 412,000, an improvement from the previous week's 375,000, but above Dow Jones expectations of 360,000.","news_type":1},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186547976,"gmtCreate":1623514676895,"gmtModify":1704205388891,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Always buy quality on weakness&nbsp;","listText":"Always buy quality on weakness&nbsp;","text":"Always buy quality on weakness","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/186547976","repostId":"1190309980","repostType":4,"repost":{"id":"1190309980","kind":"news","pubTimestamp":1623411452,"share":"https://ttm.financial/m/news/1190309980?lang=&edition=fundamental","pubTime":"2021-06-11 19:37","market":"us","language":"en","title":"2 Crucial Lessons From Cathie Wood About Apple Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1190309980","media":"The Street","summary":"Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.In doing my daily research of Apple stock  -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.Considering Apple stock’s loss of 5% in 2015, h","content":"<blockquote>\n <b>Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.</b>\n</blockquote>\n<p>In doing my daily research of Apple stock&nbsp;(<b>AAPL</b>) -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.</p>\n<p>Considering Apple stock’s loss of 5% in 2015, her response was the following:</p>\n<blockquote>\n “At this moment, […] Apple might be, because […] the thinking there is so short term. […] Apple is going to become a big company, and [the stock] has been depressed recently by channel checks: how iPhone sales will do in the first quarter, or in the second quarter.”\n</blockquote>\n<p>Since this interview, Apple share price climbed a whopping 400%-plus in just over five years.</p>\n<p><b>#1. Buying quality on weakness</b></p>\n<p>The first important lesson from Ms. Wood’s 2016 insight above is that high-quality companies, whose stocks are likely to climb over time, should be bought on weakness. The logic is simple: if the long-term trend is up, buy shares when the market is selling them at a discount.</p>\n<p>I put some numbers around this ideaa couple of months ago. Historically, it has made much more sense to buy AAPL when shares declined from a previous peak.</p>\n<p>The chart below shows the historical average one-year return in Apple stock under different scenarios. Notice that, the more shares dip, the higher the future returns have been.</p>\n<p><img src=\"https://static.tigerbbs.com/d8f3b347dced7ad7d67e5c7ef756c550\" tg-width=\"578\" tg-height=\"348\">Following the same logic, current Apple investors might be encouraged that the stock remains under water: 12% below the January 2021 top of $143. Should AAPL make fresh all-time highs soon, asI recently speculated that it could, returns for the remainder of the year may start to look appealing.</p>\n<p><b>#2. Filtering out short-term noise</b></p>\n<p>The second point made by Cathie Wood is at least as important. In her view, Apple stock was under pressure in 2015 and early 2016 due to short-term concerns over smartphone sales in the following couple of quarters, especially after the blockbuster release of the iPhone 6.</p>\n<p>In analyzing market movements, I believe it helps to think about the real drivers of share price: buyers and sellers of the stock. Sometimes, people on both sides of the transaction are more concerned about how a stock might perform in the near term, possibly hoping to make a quick buck – and this is just fine.</p>\n<p>In these cases, long-term buyers are probably better off ignoring “short term noise” about what sales or earnings might look like right around the corner. Better yet, they might want to take advantage of selling pressures created by short-term traders to enter a position at better prices.</p>\n<p>Apple might be faced with a similar setup in 2021. The chatter on Wall Street seems torevolve around the company’s follow throughto a successful pandemic year and launch of the first 5G-capable iPhone.</p>\n<p>But look beyond the next 12 months, and one might find it easier to make a bullish case on Apple stock. The company continues to grow revenues, expand margins, pile on cash, while it has yet to tap intoopportunities in mixed realityandautonomous vehicles.</p>\n<p><b>Twitter speaks</b></p>\n<p>Big Tech stocks like Amazon and Apple are a tiny piece of famed investor Cathie Wood’s ARK portfolios. In your view, which of the following FAAMG names would deserve higher allocation in a tech disrupter and innovator ETF? Leave your vote below on our partner's Twitter, @AmazonMaven.</p>\n<p><img src=\"https://static.tigerbbs.com/565580495c2d16818604c9b6d814b1db\" tg-width=\"582\" tg-height=\"480\"></p>\n<p><b>Is the price right?</b></p>\n<p>Looking at a company’s business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. This is why valuation analysis is so important.</p>\n<p>Alpha Spread’suser-friendly platform allows you to estimate a stock’s fair value –through valuation multiples, discounted cash flow, and more. I believe that the service is a must for anyone looking to own the right stock at the right price.Check out alphaspread.comand get started with a 7-day free trial.</p>","source":"lsy1610613172068","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>2 Crucial Lessons From Cathie Wood About Apple Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Crucial Lessons From Cathie Wood About Apple Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.\n\nIn doing my ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190309980","content_text":"Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.\n\nIn doing my daily research of Apple stock (AAPL) -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.\nConsidering Apple stock’s loss of 5% in 2015, her response was the following:\n\n “At this moment, […] Apple might be, because […] the thinking there is so short term. […] Apple is going to become a big company, and [the stock] has been depressed recently by channel checks: how iPhone sales will do in the first quarter, or in the second quarter.”\n\nSince this interview, Apple share price climbed a whopping 400%-plus in just over five years.\n#1. Buying quality on weakness\nThe first important lesson from Ms. Wood’s 2016 insight above is that high-quality companies, whose stocks are likely to climb over time, should be bought on weakness. The logic is simple: if the long-term trend is up, buy shares when the market is selling them at a discount.\nI put some numbers around this ideaa couple of months ago. Historically, it has made much more sense to buy AAPL when shares declined from a previous peak.\nThe chart below shows the historical average one-year return in Apple stock under different scenarios. Notice that, the more shares dip, the higher the future returns have been.\nFollowing the same logic, current Apple investors might be encouraged that the stock remains under water: 12% below the January 2021 top of $143. Should AAPL make fresh all-time highs soon, asI recently speculated that it could, returns for the remainder of the year may start to look appealing.\n#2. Filtering out short-term noise\nThe second point made by Cathie Wood is at least as important. In her view, Apple stock was under pressure in 2015 and early 2016 due to short-term concerns over smartphone sales in the following couple of quarters, especially after the blockbuster release of the iPhone 6.\nIn analyzing market movements, I believe it helps to think about the real drivers of share price: buyers and sellers of the stock. Sometimes, people on both sides of the transaction are more concerned about how a stock might perform in the near term, possibly hoping to make a quick buck – and this is just fine.\nIn these cases, long-term buyers are probably better off ignoring “short term noise” about what sales or earnings might look like right around the corner. Better yet, they might want to take advantage of selling pressures created by short-term traders to enter a position at better prices.\nApple might be faced with a similar setup in 2021. The chatter on Wall Street seems torevolve around the company’s follow throughto a successful pandemic year and launch of the first 5G-capable iPhone.\nBut look beyond the next 12 months, and one might find it easier to make a bullish case on Apple stock. The company continues to grow revenues, expand margins, pile on cash, while it has yet to tap intoopportunities in mixed realityandautonomous vehicles.\nTwitter speaks\nBig Tech stocks like Amazon and Apple are a tiny piece of famed investor Cathie Wood’s ARK portfolios. In your view, which of the following FAAMG names would deserve higher allocation in a tech disrupter and innovator ETF? Leave your vote below on our partner's Twitter, @AmazonMaven.\n\nIs the price right?\nLooking at a company’s business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. This is why valuation analysis is so important.\nAlpha Spread’suser-friendly platform allows you to estimate a stock’s fair value –through valuation multiples, discounted cash flow, and more. I believe that the service is a must for anyone looking to own the right stock at the right price.Check out alphaspread.comand get started with a 7-day free trial.","news_type":1},"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3584773168332448","authorId":"3584773168332448","name":"ThomasNg007","avatar":"https://community-static.tradeup.com/news/484f9f97f8c61e79f232640eb2298c2f","crmLevel":2,"crmLevelSwitch":0,"idStr":"3584773168332448","authorIdStr":"3584773168332448"},"content":"How we know is the weaknes…. can shAre mote","text":"How we know is the weaknes…. can shAre mote","html":"How we know is the weaknes…. can shAre mote"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189610844,"gmtCreate":1623255166388,"gmtModify":1704199571698,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Both must haves. Along with baba. 20x FY22 earnings!!! Mad&nbsp;","listText":"Both must haves. Along with baba. 20x FY22 earnings!!! Mad&nbsp;","text":"Both must haves. Along with baba. 20x FY22 earnings!!! Mad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/189610844","repostId":"1141275388","repostType":4,"repost":{"id":"1141275388","kind":"news","pubTimestamp":1623243740,"share":"https://ttm.financial/m/news/1141275388?lang=&edition=fundamental","pubTime":"2021-06-09 21:02","market":"us","language":"en","title":"One FAANG stock is quietly making new highs, and one strategist still sees it as a buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1141275388","media":"cnbc","summary":"TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.Facebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple,Amazon,NetflixandGoogle parent Alphabet— have not broken through to their own since at least April.In the same interview, Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors, said Amazon looks to be one of the better picks of the bunch.Amazon trades at 51.5 times forwar","content":"<div>\n<p>TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.\nFacebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/facebook-stock-smashes-record-and-strategist-still-sees-it-as-a-buy.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>One FAANG stock is quietly making new highs, and one strategist still sees it as a buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOne FAANG stock is quietly making new highs, and one strategist still sees it as a buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/facebook-stock-smashes-record-and-strategist-still-sees-it-as-a-buy.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.\nFacebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/facebook-stock-smashes-record-and-strategist-still-sees-it-as-a-buy.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","AMZN":"亚马逊","GOOG":"谷歌","AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/06/09/facebook-stock-smashes-record-and-strategist-still-sees-it-as-a-buy.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1141275388","content_text":"TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.\nFacebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple,Amazon,NetflixandGoogle parent Alphabet— have not broken through to their own since at least April.\nMichael Binger, president of Gradient Investments, says Facebook’s win streak is not over.\n“Facebook is continuing to be a buy for us. We own it I would add more if you don’t own it here. It’s the best consumer-driven internet play out there in my opinion. They’ve got a great advertising platform, 18 to 20% growth for the next several years. You’re getting that at a reasonable price,” Binger told CNBC’s “Trading Nation” on Tuesday.\nFacebook is the second-best FAANG performer this year, behind Alphabet, rising 22%.\nBut, that’s not the only stock in the bunch that Binger likes. He highlights Alphabet as one of his other top picks. On Alphabet, he says the company is a “leader of the pack” with its Google search and YouTube video platform.\nApple, too, is a buy for Binger after its sharp pullback. That stock has fallen 13% from a January peak.\n“I see Apple as a core holding, we own it, we love it and I think you could buy it right here on this pullback. The PE multiple has actually come down to the low-20s right now. So, I like Apple here,” he said.\nIn the same interview, Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors, said Amazon looks to be one of the better picks of the bunch.\n“This is where that fine nuance between growth and price leads you to growth-at-a-reasonable price,” Sanchez said. “Amazon, even though it’s probably one of the most highly priced of all of the FAANGs, has a more interesting road ahead because they had strong growth during the pandemic. They’re probably going to lock in those consumers, their cloud business is still growing dramatically, and so the roadmap for them is very good.”\nAmazon trades at 51.5 times forward earnings. Facebook, the cheapest of the bunch, trades with a multiple of less than 24 times.\n“When you look at these interesting stocks, Amazon seems fairly priced given that it has still significant growth to come,” she said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581916650287080","authorId":"3581916650287080","name":"Edylc","avatar":"https://static.tigerbbs.com/d47ae9801294e297e6bdb82900a5efb6","crmLevel":4,"crmLevelSwitch":0,"idStr":"3581916650287080","authorIdStr":"3581916650287080"},"content":"Whats your thoughts on Baba? Will Ma be able to overcome china and us politics?","text":"Whats your thoughts on Baba? Will Ma be able to overcome china and us politics?","html":"Whats your thoughts on Baba? Will Ma be able to overcome china and us politics?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114492113,"gmtCreate":1623084797032,"gmtModify":1704195822867,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Funny how markets work in this day and age&nbsp;","listText":"Funny how markets work in this day and age&nbsp;","text":"Funny how markets work in this day and age","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114492113","repostId":"1134507398","repostType":4,"repost":{"id":"1134507398","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623074733,"share":"https://ttm.financial/m/news/1134507398?lang=&edition=fundamental","pubTime":"2021-06-07 22:05","market":"us","language":"en","title":"“Meme” stocks surged in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1134507398","media":"Tiger Newspress","summary":"(June 7) “Meme” stocks rose in morning trading. AMC Entertainment rose more than 18%. GME gained nea","content":"<p>(June 7)&nbsp;“Meme” stocks rose in morning trading. AMC Entertainment rose more than 18%. GME gained nearly6%.&nbsp;Koss Corp rose more than10%.</p><p><img src=\"https://static.tigerbbs.com/40ee28fe06179c278f4fc6c625543f8d\" tg-width=\"330\" tg-height=\"243\"></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>“Meme” stocks surged in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n“Meme” stocks surged in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-07 22:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 7)&nbsp;“Meme” stocks rose in morning trading. AMC Entertainment rose more than 18%. GME gained nearly6%.&nbsp;Koss Corp rose more than10%.</p><p><img src=\"https://static.tigerbbs.com/40ee28fe06179c278f4fc6c625543f8d\" tg-width=\"330\" tg-height=\"243\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","BB":"黑莓","GME":"游戏驿站","KOSS":"高斯电子"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134507398","content_text":"(June 7) “Meme” stocks rose in morning trading. AMC Entertainment rose more than 18%. GME gained nearly6%. Koss Corp rose more than10%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118240614,"gmtCreate":1622735099138,"gmtModify":1704190190860,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Baba and FB. Major buys&nbsp;","listText":"Baba and FB. Major buys&nbsp;","text":"Baba and FB. Major buys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118240614","repostId":"1156214856","repostType":4,"repost":{"id":"1156214856","kind":"news","pubTimestamp":1622724503,"share":"https://ttm.financial/m/news/1156214856?lang=&edition=fundamental","pubTime":"2021-06-03 20:48","market":"us","language":"en","title":"Alibaba, Alphabet, and Amazon Stock Are Bargains, This Value Manager Says. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1156214856","media":"Barrons","summary":"Patient Capital’s Samantha McLemore says Facebook, Alphabet, and Amazon could benefit from a breakup","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7315af1167acf60f21395e4fe547e81\" tg-width=\"1260\" tg-height=\"840\"><span>Patient Capital’s Samantha McLemore says Facebook, Alphabet, and Amazon could benefit from a breakup.</span></p>\n<p>Samantha McLemore’s introduction to investing was as a teenager in the 1990s, when her father sought her input on whether to sell shares of Dell, a stock in which he had invested some of the settlement that McLemore received after a dog bit her when she was a child.</p>\n<p>The money helped fund the now 41-year-old money manager’s education at Washington &amp; Lee University, where she first met value-investing veteran Bill Miller, whom she has worked with for 20 years.</p>\n<p>Last year, McLemore launched her own firm, Patient Capital Management, building on a separately managed account she began running in 2014 that she turned into the Patient hedge fund last July. McLemore’s new firm shares the same operating structure as Miller Value Partners, where she still co-manages the $2.9 billion&nbsp;Miller Opportunity Trust(ticker: LGOAX) with Miller. The fund has returned an average 24% a year over the past five years, beating 99% of its peers.</p>\n<p>We talked with McLemore about the “buy what you know” type of Peter Lynch stocks her team is uncovering at Patient, the reason that Alibaba is one of her favorite stocks, and why she sees a bright future for fitness company SilverSneakers. Edited excerpts follow.</p>\n<p><b><i>Barron’s:</i></b><b>How is Patient Capital different from what you do at Miller Value?</b></p>\n<p><b>Samantha McLemore:</b>It’s more of an evolution. Patient is very similar in philosophy and practice. One thing motivating me is that I think it’s important to have female role models. We are starting to—with people like [ARK Invest’s] Cathie Wood—but we need more. That also flows into the portfolio. We have, for example, more companies with women CEOs, not because we have targeted that, but just that we have a different perspective and find opportunities in different areas.</p>\n<p><b>What’s an example?</b></p>\n<p>Take&nbsp;Farfetch[FTCH],Stitch Fix[SFIX], or&nbsp;RealReal[REAL]—all companies where part of the reason we found them is that our analyst is very interested in luxury, and she has used those sites. It’s classic Peter Lynch [Fidelity’s longtime Magellan fund manager]: What you use and see in the real world can represent investment opportunities. As we talked to men, there wasn’t that much understanding of these companies. That’s part of the benefit of the diversification of perspectives and life experiences that can lead to different ideas that go into the portfolio.</p>\n<p><b>How do you think the pandemic will reshape consumer behavior?</b></p>\n<p>The global financial crisis was traumatic for people, and had a direct impact in terms of making people risk- and volatility-phobic. Early in the pandemic, because cruise ships were the worst place for spread, the view was people will never cruise again. Recovery plays have been a big source of return, and we still see opportunity. There’s a ton of pent-up demand, so I see the potential for the analogy to the Roaring ’20s.</p>\n<p><b>What are some of the beneficiaries?</b></p>\n<p>We own&nbsp;Norwegian Cruise Line Holdings[NCLH], which has the balance sheet capacity to weather [this period]. We think there will be really good demand. Another is corporate travel and how impaired it will be. [Air carriers such as]&nbsp;Delta Air Lines[DAL] have improved their cost structure, so [the business-travel recovery] is a free call—and we know a certain amount will come back.</p>\n<p><b>What do you make of the recent meme stocks and market behavior?</b></p>\n<p>As John Templeton said: Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. Most of the past decade, we oscillated from pessimism to skepticism. We think we are more in the optimism [phase], with pockets of euphoria in higher-growth areas of the market.</p>\n<p>Marginally higher inflation would [create pressure] for stocks that are expensive. We are just starting to see a reversal [in more speculative stocks], with more interest in value strategies. There’s a whole generation that hasn’t experienced value-led markets.</p>\n<p><b>What is a classic value stock in your portfolio?</b></p>\n<p>We bought&nbsp;DXC Technology[DXC], an information-technology services company, last spring. It hit almost $100 in 2018 and got down to $8 in 2020 amid internal operational challenges, with employees demoralized after a series of mergers and acquisitions, and external challenges with the shift to the cloud.</p>\n<p>What attracted us was a new chief executive, Mike Salvino, who did an amazing job of growing and building a similar business at&nbsp;Accenture.His level of intensity is above and beyond anything I’ve witnessed. This is a people business, and he rebuilt talent, bringing in a lot of [people] who had worked with him before—always a good sign—and personally fixed customer relationships.</p>\n<p>Now, he is going deeper into the organization, with calls on Saturdays with more-junior employees to get their perspectives. He has made a lot of progress, but there’s more. In a couple of years, we think DXC can earn $4 to $5 a share. The stock is still around $36. If it improves margins and sales trajectory, it could trade closer to peers with a midteens multiple or higher, implying a $75-plus stock.</p>\n<p><b>Where else is the market overstating the disruption risk?</b></p>\n<p>ADT&nbsp;[ADT] has an excellent management team and generates significant amounts of free cash flow. The market’s concern about newer security options has weighed on the stock. We disagree with the perceived risk. It’s trading at less than $10; we think it’s worth $16.</p>\n<p><b>What’s the outlook for some of the growthier stocks in your portfolio?</b></p>\n<p>As I think about growth, there are the more proven secular leaders, like [Google owner]Alphabet[GOOGL],Facebook[FB],Amazon.com[AMZN], and&nbsp;Alibaba Group Holding[BABA]. Given their valuation, growth, and cash generation—and their competitive advantages—you can hardly find better long-term values. Facebook, for example, trades at about 21 times next year’s earnings, and crushed revenue-growth expectations in the most recent quarter. People expect that to decline, but it should still grow [revenue] around 20%.</p>\n<p><b>What about the regulatory risk for these internet behemoths?</b></p>\n<p>What is the worst case? Breaking up these businesses, in a lot of cases, would be helpful to the stocks. That’s especially true for Amazon or Alphabet, where you could break off the cloud business or [Alphabet’s autonomous-driving subsidiary] Waymo, and those would trade for much higher valuations than when embedded in the whole. With Facebook, it’s tougher because it’s so connected to Instagram. But if you broke up WhatsApp, that could trade much higher than where it is valued. Even the worst-case risk is a benefit. The bigger risk is tax rates going up—but at these valuations, that is priced in.</p>\n<p><b>Alibaba is facing intense regulatory scrutiny and has fallen 29% since November. What’s the attraction?</b></p>\n<p>It’s one of my favorite names. Alibaba is trading at 21 times forward earnings, and growing even faster than other internet companies. The reasons for the decline include the regulatory and competitive pressures, which are well priced in. Regulators have moved on to other commerce players. I think it’s past the worst of it.</p>\n<p><b>Are you concerned about their spending plans in areas where they don’t have an edge, such as bricks-and-mortar stores?</b></p>\n<p>I’m not sure it’s the best call. But if you look at fiscal 2024, it’s trading at 11 or 12 times. I don’t think investing hurts their core earnings power, and if they succeed, they become more dominant and grow their total addressable market. I don’t think it’s a negative to try, as long as there is discipline to pull the plug if it’s not working.</p>\n<p><b>What is a stock you own in Patient but not in Opportunity?</b></p>\n<p>Opportunity is a bigger fund and more constrained on smaller companies, like&nbsp;Avid Technology[AVID], which makes software and systems for music editing and is big in movie production. The company had been mismanaged, but activists at Impactive Capital have helped bring in a good team and focus them on their core business, where they have an advantage. Avid just had an analyst day that got the market really excited about its growth prospects and free-cash-flow generation prospects over the next five years. It still looks cheap. If you look at free cash flow in 2025 before acquisitions, it suggests a 10% free-cash-flow yield. It’s growing double digits from here, could do some acquisitions, and has a strong competitive position with products that are top-of-line and have pricing power.</p>\n<p><b>Do you own any other smaller off-the-radar companies?</b></p>\n<p>Tivity Health[TVTY] has a $1.2 billion market cap and is best known for its SilverSneakers brand. Health plans pay the company, which provides access to gyms so seniors can have fitness and social interaction.</p>\n<p>The company had bought Nutrisystem, which turned out to be a disaster, sold it, and got a new chief executive. With gyms shut down last year during the pandemic, Tivity created a digital product, and now the people engaging with it are different from those who were the core gym users. It’s going to generate $1.50 in earnings per share this year and is trading at about 17 times earnings. It will generate $1.60 a share in free cash flow next year, with a 6% free-cash-flow yield.</p>\n<p>There’s huge growth in seniors overall. Tivity wants to be the company that can digitally engage seniors, and its intention is to add more services. We see a very long horizon for this company to be able to grow double digits, just based on market growth and the different offerings it can bring to members. It’s a company with long-term compounding potential.</p>\n<p><b>Thanks, Samantha.</b></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba, Alphabet, and Amazon Stock Are Bargains, This Value Manager Says. Here’s Why.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba, Alphabet, and Amazon Stock Are Bargains, This Value Manager Says. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 20:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/why-alibaba-alphabet-and-amazon-stock-are-bargains-samantha-mclemore-51622716200?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Patient Capital’s Samantha McLemore says Facebook, Alphabet, and Amazon could benefit from a breakup.\nSamantha McLemore’s introduction to investing was as a teenager in the 1990s, when her father ...</p>\n\n<a href=\"https://www.barrons.com/articles/why-alibaba-alphabet-and-amazon-stock-are-bargains-samantha-mclemore-51622716200?mod=hp_LEADSUPP_1\">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","GOOGL":"谷歌A","BABA":"阿里巴巴","GOOG":"谷歌"},"source_url":"https://www.barrons.com/articles/why-alibaba-alphabet-and-amazon-stock-are-bargains-samantha-mclemore-51622716200?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156214856","content_text":"Patient Capital’s Samantha McLemore says Facebook, Alphabet, and Amazon could benefit from a breakup.\nSamantha McLemore’s introduction to investing was as a teenager in the 1990s, when her father sought her input on whether to sell shares of Dell, a stock in which he had invested some of the settlement that McLemore received after a dog bit her when she was a child.\nThe money helped fund the now 41-year-old money manager’s education at Washington & Lee University, where she first met value-investing veteran Bill Miller, whom she has worked with for 20 years.\nLast year, McLemore launched her own firm, Patient Capital Management, building on a separately managed account she began running in 2014 that she turned into the Patient hedge fund last July. McLemore’s new firm shares the same operating structure as Miller Value Partners, where she still co-manages the $2.9 billion Miller Opportunity Trust(ticker: LGOAX) with Miller. The fund has returned an average 24% a year over the past five years, beating 99% of its peers.\nWe talked with McLemore about the “buy what you know” type of Peter Lynch stocks her team is uncovering at Patient, the reason that Alibaba is one of her favorite stocks, and why she sees a bright future for fitness company SilverSneakers. Edited excerpts follow.\nBarron’s:How is Patient Capital different from what you do at Miller Value?\nSamantha McLemore:It’s more of an evolution. Patient is very similar in philosophy and practice. One thing motivating me is that I think it’s important to have female role models. We are starting to—with people like [ARK Invest’s] Cathie Wood—but we need more. That also flows into the portfolio. We have, for example, more companies with women CEOs, not because we have targeted that, but just that we have a different perspective and find opportunities in different areas.\nWhat’s an example?\nTake Farfetch[FTCH],Stitch Fix[SFIX], or RealReal[REAL]—all companies where part of the reason we found them is that our analyst is very interested in luxury, and she has used those sites. It’s classic Peter Lynch [Fidelity’s longtime Magellan fund manager]: What you use and see in the real world can represent investment opportunities. As we talked to men, there wasn’t that much understanding of these companies. That’s part of the benefit of the diversification of perspectives and life experiences that can lead to different ideas that go into the portfolio.\nHow do you think the pandemic will reshape consumer behavior?\nThe global financial crisis was traumatic for people, and had a direct impact in terms of making people risk- and volatility-phobic. Early in the pandemic, because cruise ships were the worst place for spread, the view was people will never cruise again. Recovery plays have been a big source of return, and we still see opportunity. There’s a ton of pent-up demand, so I see the potential for the analogy to the Roaring ’20s.\nWhat are some of the beneficiaries?\nWe own Norwegian Cruise Line Holdings[NCLH], which has the balance sheet capacity to weather [this period]. We think there will be really good demand. Another is corporate travel and how impaired it will be. [Air carriers such as] Delta Air Lines[DAL] have improved their cost structure, so [the business-travel recovery] is a free call—and we know a certain amount will come back.\nWhat do you make of the recent meme stocks and market behavior?\nAs John Templeton said: Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. Most of the past decade, we oscillated from pessimism to skepticism. We think we are more in the optimism [phase], with pockets of euphoria in higher-growth areas of the market.\nMarginally higher inflation would [create pressure] for stocks that are expensive. We are just starting to see a reversal [in more speculative stocks], with more interest in value strategies. There’s a whole generation that hasn’t experienced value-led markets.\nWhat is a classic value stock in your portfolio?\nWe bought DXC Technology[DXC], an information-technology services company, last spring. It hit almost $100 in 2018 and got down to $8 in 2020 amid internal operational challenges, with employees demoralized after a series of mergers and acquisitions, and external challenges with the shift to the cloud.\nWhat attracted us was a new chief executive, Mike Salvino, who did an amazing job of growing and building a similar business at Accenture.His level of intensity is above and beyond anything I’ve witnessed. This is a people business, and he rebuilt talent, bringing in a lot of [people] who had worked with him before—always a good sign—and personally fixed customer relationships.\nNow, he is going deeper into the organization, with calls on Saturdays with more-junior employees to get their perspectives. He has made a lot of progress, but there’s more. In a couple of years, we think DXC can earn $4 to $5 a share. The stock is still around $36. If it improves margins and sales trajectory, it could trade closer to peers with a midteens multiple or higher, implying a $75-plus stock.\nWhere else is the market overstating the disruption risk?\nADT [ADT] has an excellent management team and generates significant amounts of free cash flow. The market’s concern about newer security options has weighed on the stock. We disagree with the perceived risk. It’s trading at less than $10; we think it’s worth $16.\nWhat’s the outlook for some of the growthier stocks in your portfolio?\nAs I think about growth, there are the more proven secular leaders, like [Google owner]Alphabet[GOOGL],Facebook[FB],Amazon.com[AMZN], and Alibaba Group Holding[BABA]. Given their valuation, growth, and cash generation—and their competitive advantages—you can hardly find better long-term values. Facebook, for example, trades at about 21 times next year’s earnings, and crushed revenue-growth expectations in the most recent quarter. People expect that to decline, but it should still grow [revenue] around 20%.\nWhat about the regulatory risk for these internet behemoths?\nWhat is the worst case? Breaking up these businesses, in a lot of cases, would be helpful to the stocks. That’s especially true for Amazon or Alphabet, where you could break off the cloud business or [Alphabet’s autonomous-driving subsidiary] Waymo, and those would trade for much higher valuations than when embedded in the whole. With Facebook, it’s tougher because it’s so connected to Instagram. But if you broke up WhatsApp, that could trade much higher than where it is valued. Even the worst-case risk is a benefit. The bigger risk is tax rates going up—but at these valuations, that is priced in.\nAlibaba is facing intense regulatory scrutiny and has fallen 29% since November. What’s the attraction?\nIt’s one of my favorite names. Alibaba is trading at 21 times forward earnings, and growing even faster than other internet companies. The reasons for the decline include the regulatory and competitive pressures, which are well priced in. Regulators have moved on to other commerce players. I think it’s past the worst of it.\nAre you concerned about their spending plans in areas where they don’t have an edge, such as bricks-and-mortar stores?\nI’m not sure it’s the best call. But if you look at fiscal 2024, it’s trading at 11 or 12 times. I don’t think investing hurts their core earnings power, and if they succeed, they become more dominant and grow their total addressable market. I don’t think it’s a negative to try, as long as there is discipline to pull the plug if it’s not working.\nWhat is a stock you own in Patient but not in Opportunity?\nOpportunity is a bigger fund and more constrained on smaller companies, like Avid Technology[AVID], which makes software and systems for music editing and is big in movie production. The company had been mismanaged, but activists at Impactive Capital have helped bring in a good team and focus them on their core business, where they have an advantage. Avid just had an analyst day that got the market really excited about its growth prospects and free-cash-flow generation prospects over the next five years. It still looks cheap. If you look at free cash flow in 2025 before acquisitions, it suggests a 10% free-cash-flow yield. It’s growing double digits from here, could do some acquisitions, and has a strong competitive position with products that are top-of-line and have pricing power.\nDo you own any other smaller off-the-radar companies?\nTivity Health[TVTY] has a $1.2 billion market cap and is best known for its SilverSneakers brand. Health plans pay the company, which provides access to gyms so seniors can have fitness and social interaction.\nThe company had bought Nutrisystem, which turned out to be a disaster, sold it, and got a new chief executive. With gyms shut down last year during the pandemic, Tivity created a digital product, and now the people engaging with it are different from those who were the core gym users. It’s going to generate $1.50 in earnings per share this year and is trading at about 17 times earnings. It will generate $1.60 a share in free cash flow next year, with a 6% free-cash-flow yield.\nThere’s huge growth in seniors overall. Tivity wants to be the company that can digitally engage seniors, and its intention is to add more services. We see a very long horizon for this company to be able to grow double digits, just based on market growth and the different offerings it can bring to members. It’s a company with long-term compounding potential.\nThanks, Samantha.","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131496554,"gmtCreate":1621871492578,"gmtModify":1704363696811,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Need another healthy correction&nbsp;","listText":"Need another healthy correction&nbsp;","text":"Need another healthy correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/131496554","repostId":"1185261745","repostType":4,"repost":{"id":"1185261745","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621863142,"share":"https://ttm.financial/m/news/1185261745?lang=&edition=fundamental","pubTime":"2021-05-24 21:32","market":"us","language":"en","title":"Dow rises more than 100 points to start the week, tech shares and reopening trades gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1185261745","media":"Tiger Newspress","summary":"U.S. stocks climbed on Monday as the technology sector and shares benefitting the most from the econ","content":"<p>U.S. stocks climbed on Monday as the technology sector and shares benefitting the most from the economic reopening led the advance.</p><p>The Dow Jones Industrial Average rose 140 points. The S&amp;P 500 gained 0.6%, while the Nasdaq Composite popped 0.7%.</p><p>Tech stocks gained to shake off another rough period for bitcoin over the weekend as thecryptocurrency bounced Monday. The&nbsp;cryptocurrencydropped under $32,000 on Sunday, only to rebound 16% above $38,000 on Monday. On Wednesday, bitcoin prices tumbled to just above $30,000, dropping to the lowest level since late January.</p><p>Shares of Tesla, a big holder of the crypto, gained 0.5% in premarket trading despite the bitcoin volatility. Coinbase added 2% in premarket trading as bitcoin stabilized Monday and as Goldmanstarted the crypto-exchange with a buy rating.</p><p>Stocks benefiting from the economic reopening gained in premarket trading as well. Share of Gap, Carnival and United Airlines were higher. Norwegian Cruise Line rose 1% in premarket after the cruise line operator announced plans to return cruising in the U.S. this summer.</p><p>“We continue to see incremental data points that strengthen our view that when equities break out of this range, the next move is a substantial rise higher,” wrote Tom Lee, head of research at Fundstrat Global Advisors. Lee cited data showing a collapse in Covid-19 cases.</p><p>Stocks have stalled lately. The previous week saw the Dow post its fourth negative week in five, but the losses were minor. The Dow dipped just 0.5% on the week, while the S&amp;P lost just 0.4%. The Nasdaq Composite, meanwhile, gained 0.31% last week, snapping a four-week losing streak.</p><p>Despite last week’s “collapse in crypto markets and rather hawkish FOMC minutes, another equity dip was bought by investors,” JPMorgan wrote in a note to clients. “This ‘buy the dip’ mentality has been remarkably strong this year and has provided a support preventing any small correction in equities and risk markets from becoming more extended,” the firm added.</p><p>The Federal Reserve hinted at its&nbsp;April meeting&nbsp;that easy monetary policies could be reconsidered if the economy continues to show signs of rapid improvement, according to minutes from the meeting released last week.</p><p>Heading into the last full trading week of the month, the Dow is on track to post a gain for May, while the S&amp;P is on track to snap a three-month winning streak. The Nasdaq Composite, which is down more than 3% for the month, is on track to snap its longest monthly winning streak since Jan. 2018, with its first negative month in seven.</p><p>After outperforming year-to-date, small caps have faced recent weakness, and the Russell 2000 is on track to snap a seven-month winning streak.</p><p>“We think the choppy/sideways trend will continue for a bit longer, and the market will experience sell-off scares along the way,” noted Adam Crisafulli, founder of Vital Knowledge. “While stocks are absorbing a lot of changes well so far, all the inflection points still have longer to play out.”</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>Dow rises more than 100 points to start the week, tech shares and reopening trades gain</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\">\nDow rises more than 100 points to start the week, tech shares and reopening trades gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-24 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks climbed on Monday as the technology sector and shares benefitting the most from the economic reopening led the advance.</p><p>The Dow Jones Industrial Average rose 140 points. The S&amp;P 500 gained 0.6%, while the Nasdaq Composite popped 0.7%.</p><p>Tech stocks gained to shake off another rough period for bitcoin over the weekend as thecryptocurrency bounced Monday. The&nbsp;cryptocurrencydropped under $32,000 on Sunday, only to rebound 16% above $38,000 on Monday. On Wednesday, bitcoin prices tumbled to just above $30,000, dropping to the lowest level since late January.</p><p>Shares of Tesla, a big holder of the crypto, gained 0.5% in premarket trading despite the bitcoin volatility. Coinbase added 2% in premarket trading as bitcoin stabilized Monday and as Goldmanstarted the crypto-exchange with a buy rating.</p><p>Stocks benefiting from the economic reopening gained in premarket trading as well. Share of Gap, Carnival and United Airlines were higher. Norwegian Cruise Line rose 1% in premarket after the cruise line operator announced plans to return cruising in the U.S. this summer.</p><p>“We continue to see incremental data points that strengthen our view that when equities break out of this range, the next move is a substantial rise higher,” wrote Tom Lee, head of research at Fundstrat Global Advisors. Lee cited data showing a collapse in Covid-19 cases.</p><p>Stocks have stalled lately. The previous week saw the Dow post its fourth negative week in five, but the losses were minor. The Dow dipped just 0.5% on the week, while the S&amp;P lost just 0.4%. The Nasdaq Composite, meanwhile, gained 0.31% last week, snapping a four-week losing streak.</p><p>Despite last week’s “collapse in crypto markets and rather hawkish FOMC minutes, another equity dip was bought by investors,” JPMorgan wrote in a note to clients. “This ‘buy the dip’ mentality has been remarkably strong this year and has provided a support preventing any small correction in equities and risk markets from becoming more extended,” the firm added.</p><p>The Federal Reserve hinted at its&nbsp;April meeting&nbsp;that easy monetary policies could be reconsidered if the economy continues to show signs of rapid improvement, according to minutes from the meeting released last week.</p><p>Heading into the last full trading week of the month, the Dow is on track to post a gain for May, while the S&amp;P is on track to snap a three-month winning streak. The Nasdaq Composite, which is down more than 3% for the month, is on track to snap its longest monthly winning streak since Jan. 2018, with its first negative month in seven.</p><p>After outperforming year-to-date, small caps have faced recent weakness, and the Russell 2000 is on track to snap a seven-month winning streak.</p><p>“We think the choppy/sideways trend will continue for a bit longer, and the market will experience sell-off scares along the way,” noted Adam Crisafulli, founder of Vital Knowledge. “While stocks are absorbing a lot of changes well so far, all the inflection points still have longer to play out.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185261745","content_text":"U.S. stocks climbed on Monday as the technology sector and shares benefitting the most from the economic reopening led the advance.The Dow Jones Industrial Average rose 140 points. The S&P 500 gained 0.6%, while the Nasdaq Composite popped 0.7%.Tech stocks gained to shake off another rough period for bitcoin over the weekend as thecryptocurrency bounced Monday. The cryptocurrencydropped under $32,000 on Sunday, only to rebound 16% above $38,000 on Monday. On Wednesday, bitcoin prices tumbled to just above $30,000, dropping to the lowest level since late January.Shares of Tesla, a big holder of the crypto, gained 0.5% in premarket trading despite the bitcoin volatility. Coinbase added 2% in premarket trading as bitcoin stabilized Monday and as Goldmanstarted the crypto-exchange with a buy rating.Stocks benefiting from the economic reopening gained in premarket trading as well. Share of Gap, Carnival and United Airlines were higher. Norwegian Cruise Line rose 1% in premarket after the cruise line operator announced plans to return cruising in the U.S. this summer.“We continue to see incremental data points that strengthen our view that when equities break out of this range, the next move is a substantial rise higher,” wrote Tom Lee, head of research at Fundstrat Global Advisors. Lee cited data showing a collapse in Covid-19 cases.Stocks have stalled lately. The previous week saw the Dow post its fourth negative week in five, but the losses were minor. The Dow dipped just 0.5% on the week, while the S&P lost just 0.4%. The Nasdaq Composite, meanwhile, gained 0.31% last week, snapping a four-week losing streak.Despite last week’s “collapse in crypto markets and rather hawkish FOMC minutes, another equity dip was bought by investors,” JPMorgan wrote in a note to clients. “This ‘buy the dip’ mentality has been remarkably strong this year and has provided a support preventing any small correction in equities and risk markets from becoming more extended,” the firm added.The Federal Reserve hinted at its April meeting that easy monetary policies could be reconsidered if the economy continues to show signs of rapid improvement, according to minutes from the meeting released last week.Heading into the last full trading week of the month, the Dow is on track to post a gain for May, while the S&P is on track to snap a three-month winning streak. The Nasdaq Composite, which is down more than 3% for the month, is on track to snap its longest monthly winning streak since Jan. 2018, with its first negative month in seven.After outperforming year-to-date, small caps have faced recent weakness, and the Russell 2000 is on track to snap a seven-month winning streak.“We think the choppy/sideways trend will continue for a bit longer, and the market will experience sell-off scares along the way,” noted Adam Crisafulli, founder of Vital Knowledge. “While stocks are absorbing a lot of changes well so far, all the inflection points still have longer to play out.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130879326,"gmtCreate":1621526547365,"gmtModify":1704359174771,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"One of the most solid tech companies. Must have in your port. Wait for another decent correction","listText":"One of the most solid tech companies. Must have in your port. Wait for another decent correction","text":"One of the most solid tech companies. Must have in your port. Wait for another decent correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130879326","repostId":"2136924532","repostType":4,"repost":{"id":"2136924532","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":1621513335,"share":"https://ttm.financial/m/news/2136924532?lang=&edition=fundamental","pubTime":"2021-05-20 20:22","market":"us","language":"en","title":"Microsoft to unplug Internet Explorer as it seeks edge in browser war","url":"https://stock-news.laohu8.com/highlight/detail?id=2136924532","media":"Reuters","summary":"May 20 (Reuters) - Microsoft Corp is pulling the plug on its once omnipresent browser, Internet Expl","content":"<p>May 20 (Reuters) - Microsoft Corp is pulling the plug on its once omnipresent browser, Internet Explorer, next year as it prepares to battle market leader Chrome with its slicker Edge browser.</p>\n<p>Launched in 1995, Internet Explorer became the dominant browser for over a decade as it was bundled with Microsoft's Windows operating system that came pre-installed in billions of computers.</p>\n<p>The browser, however, started losing out to Google's Chrome in the late 2000s and has become a subject of countless internet memes for its sluggishness in comparison to its rivals.</p>\n<p>To compete better, Microsoft launched the Edge browser in 2015 that runs on the same technology as the Google browser.</p>\n<p>As of April, Chrome has a 65% share of the global browser market, followed by Apple Inc's Safari, with an 18% share, according to web analytics firm Statcounter. Microsoft Edge has a 3% share, while Internet Explorer has a miniscule share of the market it once dominated.</p>\n<p>The Windows software maker said on Wednesday the future of Internet Explorer on Windows 10 was in its faster and more secure Microsoft Edge.</p>\n<p>\"Internet Explorer 11 desktop application will be retired and go out of support on June 15, 2022, for certain versions of Windows 10,\" the company said in a blog post. </p>\n<p>The browser was at the heart of an antitrust case against Microsoft more than two decades ago, with a U.S. judge deciding that the software titan had broken the law after it combined Internet Explorer and the Windows operating system.</p>\n<p>The most serious violations of the law were upheld on appeal, but the company continued to bundle its operating system and browser.</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>Microsoft to unplug Internet Explorer as it seeks edge in browser war</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\">\nMicrosoft to unplug Internet Explorer as it seeks edge in browser war\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\">2021-05-20 20:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 20 (Reuters) - Microsoft Corp is pulling the plug on its once omnipresent browser, Internet Explorer, next year as it prepares to battle market leader Chrome with its slicker Edge browser.</p>\n<p>Launched in 1995, Internet Explorer became the dominant browser for over a decade as it was bundled with Microsoft's Windows operating system that came pre-installed in billions of computers.</p>\n<p>The browser, however, started losing out to Google's Chrome in the late 2000s and has become a subject of countless internet memes for its sluggishness in comparison to its rivals.</p>\n<p>To compete better, Microsoft launched the Edge browser in 2015 that runs on the same technology as the Google browser.</p>\n<p>As of April, Chrome has a 65% share of the global browser market, followed by Apple Inc's Safari, with an 18% share, according to web analytics firm Statcounter. Microsoft Edge has a 3% share, while Internet Explorer has a miniscule share of the market it once dominated.</p>\n<p>The Windows software maker said on Wednesday the future of Internet Explorer on Windows 10 was in its faster and more secure Microsoft Edge.</p>\n<p>\"Internet Explorer 11 desktop application will be retired and go out of support on June 15, 2022, for certain versions of Windows 10,\" the company said in a blog post. </p>\n<p>The browser was at the heart of an antitrust case against Microsoft more than two decades ago, with a U.S. judge deciding that the software titan had broken the law after it combined Internet Explorer and the Windows operating system.</p>\n<p>The most serious violations of the law were upheld on appeal, but the company continued to bundle its operating system and browser.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","MSFT":"微软","09086":"华夏纳指-U","03086":"华夏纳指","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136924532","content_text":"May 20 (Reuters) - Microsoft Corp is pulling the plug on its once omnipresent browser, Internet Explorer, next year as it prepares to battle market leader Chrome with its slicker Edge browser.\nLaunched in 1995, Internet Explorer became the dominant browser for over a decade as it was bundled with Microsoft's Windows operating system that came pre-installed in billions of computers.\nThe browser, however, started losing out to Google's Chrome in the late 2000s and has become a subject of countless internet memes for its sluggishness in comparison to its rivals.\nTo compete better, Microsoft launched the Edge browser in 2015 that runs on the same technology as the Google browser.\nAs of April, Chrome has a 65% share of the global browser market, followed by Apple Inc's Safari, with an 18% share, according to web analytics firm Statcounter. Microsoft Edge has a 3% share, while Internet Explorer has a miniscule share of the market it once dominated.\nThe Windows software maker said on Wednesday the future of Internet Explorer on Windows 10 was in its faster and more secure Microsoft Edge.\n\"Internet Explorer 11 desktop application will be retired and go out of support on June 15, 2022, for certain versions of Windows 10,\" the company said in a blog post. \nThe browser was at the heart of an antitrust case against Microsoft more than two decades ago, with a U.S. judge deciding that the software titan had broken the law after it combined Internet Explorer and the Windows operating system.\nThe most serious violations of the law were upheld on appeal, but the company continued to bundle its operating system and browser.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130809892,"gmtCreate":1621521332616,"gmtModify":1704359050759,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"It's time for baba to rebound&nbsp;","listText":"It's time for baba to rebound&nbsp;","text":"It's time for baba to rebound","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130809892","repostId":"1125212207","repostType":4,"repost":{"id":"1125212207","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621520964,"share":"https://ttm.financial/m/news/1125212207?lang=&edition=fundamental","pubTime":"2021-05-20 22:29","market":"us","language":"en","title":"Some hot Chinese concept stocks Skyrocketed in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1125212207","media":"Tiger Newspress","summary":"Some hot Chinese concept stocks Skyrocketed in Thursday morning trading.JD.com and NetEase rose more","content":"<p>Some hot Chinese concept stocks Skyrocketed in Thursday&nbsp;morning trading.JD.com&nbsp;and&nbsp;NetEase&nbsp;rose&nbsp;more&nbsp;than&nbsp;5%,Pinduoduo&nbsp;rose&nbsp;more&nbsp;than&nbsp;4%,Alibaba&nbsp;rose&nbsp;more&nbsp;than&nbsp;1%.</p>\n<p><img src=\"https://static.tigerbbs.com/b1b90c00a0d8d4a43837e61a1ab5d8e2\" tg-width=\"367\" tg-height=\"598\"></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>Some hot Chinese concept stocks Skyrocketed in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nSome hot Chinese concept stocks Skyrocketed in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-20 22:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some hot Chinese concept stocks Skyrocketed in Thursday&nbsp;morning trading.JD.com&nbsp;and&nbsp;NetEase&nbsp;rose&nbsp;more&nbsp;than&nbsp;5%,Pinduoduo&nbsp;rose&nbsp;more&nbsp;than&nbsp;4%,Alibaba&nbsp;rose&nbsp;more&nbsp;than&nbsp;1%.</p>\n<p><img src=\"https://static.tigerbbs.com/b1b90c00a0d8d4a43837e61a1ab5d8e2\" tg-width=\"367\" tg-height=\"598\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","NTES":"网易","JD":"京东"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125212207","content_text":"Some hot Chinese concept stocks Skyrocketed in Thursday morning trading.JD.com and NetEase rose more than 5%,Pinduoduo rose more than 4%,Alibaba rose more than 1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195818426,"gmtCreate":1621270498365,"gmtModify":1704354983228,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Pump and dump","listText":"Pump and dump","text":"Pump and dump","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195818426","repostId":"1193810245","repostType":4,"repost":{"id":"1193810245","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621231602,"share":"https://ttm.financial/m/news/1193810245?lang=&edition=fundamental","pubTime":"2021-05-17 14:06","market":"us","language":"en","title":"Elon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.","url":"https://stock-news.laohu8.com/highlight/detail?id=1193810245","media":"Tiger Newspress","summary":"Elon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.Bitcoin price bounced back to ","content":"<p>Elon Musk&nbsp;said,To clarify speculation, Tesla has not sold any Bitcoin.</p><p><img src=\"https://static.tigerbbs.com/4b281e26b49ccf140e26d7c8fad90414\" tg-width=\"898\" tg-height=\"185\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin price&nbsp;bounced back to $45,000.</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>Elon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.</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\">\nElon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-17 14:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Elon Musk&nbsp;said,To clarify speculation, Tesla has not sold any Bitcoin.</p><p><img src=\"https://static.tigerbbs.com/4b281e26b49ccf140e26d7c8fad90414\" tg-width=\"898\" tg-height=\"185\" referrerpolicy=\"no-referrer\"></p><p>Bitcoin price&nbsp;bounced back to $45,000.</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":"1193810245","content_text":"Elon Musk said,To clarify speculation, Tesla has not sold any Bitcoin.Bitcoin price bounced back to $45,000.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191052177,"gmtCreate":1620829449299,"gmtModify":1704349052012,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Healthy correction. Market has ran up too fast&nbsp;","listText":"Healthy correction. Market has ran up too fast&nbsp;","text":"Healthy correction. Market has ran up too fast","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191052177","repostId":"1109603661","repostType":4,"isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193982120,"gmtCreate":1620745255060,"gmtModify":1704347799917,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"550!&nbsp;","listText":"550!&nbsp;","text":"550!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/193982120","repostId":"1127282510","repostType":4,"repost":{"id":"1127282510","kind":"news","pubTimestamp":1620733191,"share":"https://ttm.financial/m/news/1127282510?lang=&edition=fundamental","pubTime":"2021-05-11 19:39","market":"us","language":"en","title":"Tesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China","url":"https://stock-news.laohu8.com/highlight/detail?id=1127282510","media":"zerohedge","summary":"It's amazing how natural market forces can take a hold of companies when market makers aren't consta","content":"<p>It's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.</p><p>On that note, Tesla shares are getting pasted to the tune of another 6% on Tuesday in the pre-market session, following through on yesterday's nearly 5% plunge and helping drag down S&amp;P futures 0.7% heading into the cash open. Nasdaq futures are down 1.3% at the same time, setting up what could be an ugly follow through for the likes of Tesla uber-bull Cathie Wood's ARK Innovation ETF heading into mid-week.</p><p><img src=\"https://static.tigerbbs.com/56ef35274e8219eefa39cbc406e38bf8\" tg-width=\"1280\" tg-height=\"732\" referrerpolicy=\"no-referrer\"></p><p>The plunge in shares is being attributed to the overall slump in tech stocks, but also on a Bloomberg report that Tesla had halted its plans to buy new land in Shanghai&nbsp;<i>and</i>that sales in China have fallen.</p><p>The company reportedly halted plans to buy land to expand its manufacturing facility and turn it into a worldwide export hub due to \"trade tensions\" between the U.S. and China. The company currently uses its China facility to export to Europe, \"Tesla now intends to limit the proportion of China output,\"Reuters reported.</p><p>But we can't help but notice: there have been \"trade tensions\" between the U.S. and China throughout the last few years anyway. Could it be that halting the expansion of the facility was a result of growing tensions between China and&nbsp;<i>Tesla,</i>and not China and the U.S.?</p><p>Recall, just days ago,we highlightedyet another deadly crash involving a Tesla - this one in China. And the country's state-run Global Times was quick to shame the automaker as a result. It&nbsp;published a horrifying image of a Tesla vehicle rear-ending a truck in Shaoguan, South China's Guangdong Province on Friday, \"killing the electric car's driver on the spot.\"</p><p>Tesla's image is deteriorating in China as state media continue to publicize braking failures. The risk here is Musk's Chinese fairy tale could eventually come to an end. In late April, we noted that Chinese state media&nbsp;suggested that the automaker's sales could be \"doomed.\"</p><p>Regardless, as&nbsp;his stock was plunging due to this growing tension with China, it was clear that Elon Musk was focusing on all the right things. He took to Twitter on Tuesday morning and asked whether or not Tesla should accept Dogecoin:</p><p><img src=\"https://static.tigerbbs.com/41b9cac07e15da2b88b8afba233789e9\" tg-width=\"515\" tg-height=\"560\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/9b4976d0596be5a38b141a119614e5c8\" tg-width=\"786\" tg-height=\"494\"><img src=\"https://static.tigerbbs.com/2f74fad1e75e8c88d323e105a094be76\" tg-width=\"310\" tg-height=\"244\"></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>Tesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Shares Plunge Over 7% After Company Reportedly Halts Plans To Expand In China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 19:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/tesla-shares-plunge-after-company-reportedly-halts-plans-expand-shanghai-gigafactory?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.On that ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/tesla-shares-plunge-after-company-reportedly-halts-plans-expand-shanghai-gigafactory?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/tesla-shares-plunge-after-company-reportedly-halts-plans-expand-shanghai-gigafactory?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127282510","content_text":"It's amazing how natural market forces can take a hold of companies when market makers aren't constantly scrambling to hedge against massive purchases of deep out of the money call options.On that note, Tesla shares are getting pasted to the tune of another 6% on Tuesday in the pre-market session, following through on yesterday's nearly 5% plunge and helping drag down S&P futures 0.7% heading into the cash open. Nasdaq futures are down 1.3% at the same time, setting up what could be an ugly follow through for the likes of Tesla uber-bull Cathie Wood's ARK Innovation ETF heading into mid-week.The plunge in shares is being attributed to the overall slump in tech stocks, but also on a Bloomberg report that Tesla had halted its plans to buy new land in Shanghai andthat sales in China have fallen.The company reportedly halted plans to buy land to expand its manufacturing facility and turn it into a worldwide export hub due to \"trade tensions\" between the U.S. and China. The company currently uses its China facility to export to Europe, \"Tesla now intends to limit the proportion of China output,\"Reuters reported.But we can't help but notice: there have been \"trade tensions\" between the U.S. and China throughout the last few years anyway. Could it be that halting the expansion of the facility was a result of growing tensions between China and Tesla,and not China and the U.S.?Recall, just days ago,we highlightedyet another deadly crash involving a Tesla - this one in China. And the country's state-run Global Times was quick to shame the automaker as a result. It published a horrifying image of a Tesla vehicle rear-ending a truck in Shaoguan, South China's Guangdong Province on Friday, \"killing the electric car's driver on the spot.\"Tesla's image is deteriorating in China as state media continue to publicize braking failures. The risk here is Musk's Chinese fairy tale could eventually come to an end. In late April, we noted that Chinese state media suggested that the automaker's sales could be \"doomed.\"Regardless, as his stock was plunging due to this growing tension with China, it was clear that Elon Musk was focusing on all the right things. He took to Twitter on Tuesday morning and asked whether or not Tesla should accept Dogecoin:","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199011500,"gmtCreate":1620656380000,"gmtModify":1704346270305,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Why choose when you can buy both&nbsp;","listText":"Why choose when you can buy both&nbsp;","text":"Why choose when you can buy both","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199011500","repostId":"1117135949","repostType":4,"repost":{"id":"1117135949","kind":"news","pubTimestamp":1620444564,"share":"https://ttm.financial/m/news/1117135949?lang=&edition=fundamental","pubTime":"2021-05-08 11:29","market":"us","language":"en","title":"Apple Vs. Tesla Stock: Which Is A Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1117135949","media":"seekingalpha","summary":"After Apple confirmed its EV ambitions, investors began to compare its valuation metrics with Tesla.Apple certainly looks cheap and, I believe, could be described as a screaming buy. However, in comparison, it doesn't necessarily follow that Tesla stock is expensive.The quant ratings for AAPL and TSLA reveal some interesting data which I will share in this article.Quarterly fluctuations could obfuscate the true potential of Tesla and make investors lose track of its long-term story.Apple Inc.  a","content":"<p><b>Summary</b></p><ul><li>After Apple confirmed its EV ambitions, investors began to compare its valuation metrics with Tesla.</li><li>Apple certainly looks cheap and, I believe, could be described as a screaming buy. However, in comparison, it doesn't necessarily follow that Tesla stock is expensive.</li><li>The quant ratings for AAPL and TSLA reveal some interesting data which I will share in this article.</li><li>Quarterly fluctuations&nbsp;could obfuscate the true potential of Tesla and make investors lose track of its long-term story.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49a4622a8f86f15edd3081862ef92746\" tg-width=\"768\" tg-height=\"512\" referrerpolicy=\"no-referrer\"><span>Photo by Radiomoscow/iStock via Getty ImagesArticle motivation</span></p><p>Apple Inc. (AAPL) and Tesla Inc. (TSLA) seem as contrasting as treacle and water whether we are comparing their business models or the stock. However, after Apple confirmed that it was indeed working tolaunch a carin three to six years, market players have begun to speak about the two tech titans in the same breath.</p><p>In this article, I will compare the valuations of Apple and Tesla as well as discuss their respective stock performance. I will also discuss the suitability of AAPL and TSLA to different types of long-term investors.</p><p><b>Valuation comparison of Apple and Tesla</b></p><p>From the trough in March 2020 following the market panic over the COVID-19 outbreak, Tesla stock climbed more than 1000 percent higher by January this year. After the swoon in March, TSLA is still up over 800 percent, far outperforming Apple stock which had<i>merely</i>doubled in the same period.</p><p>Judging by the percentage returns, TSLA is the undisputed champion over AAPL. However, it's important to note that more than $1 trillion in market capitalization was added to Apple since mid-March of last year, while Tesla scored a smaller increase of $582 million.</p><p>At its current market cap of $648.9 billion, Tesla, Inc. is less than one-third the size of Apple, Inc. Despite the massive media attention it receives and the outsized influence its chief executive officer Elon Musk has on the investing community, Tesla only has 72 percent of the market cap of social media giant Facebook (FB).</p><p>In other words, while Apple stock has broken the psychological market cap of both one trillion and two trillion dollars, Tesla stock is still some distance from being \"obstructed\" by the first trillion-barrier. Considering that TSLA had in January surpassed FB stock in terms of market cap, should that happen again, we could see it potentially breaching the one trillion dollars level for the first time.</p><p>Critics could argue that would bring Tesla's price-to-earnings (P/E) ratio to above a thousand times, a mind-boggling number in itself. In contrast, Apple's P/E ratio is currently at 28.7 times, a paltry number in comparison. However, for much of TSLA's trading history, the stock didn't even have a P/E ratio to speak of, as the company was not profitable for many years. Yet, the lack of a P/E ratio did not deter investors from piling in.</p><p>Based on the price-to-sales ratio, if Tesla Inc. reclaims the 30 times record achieved in January, its market cap would indeed be within reach of the one trillion dollar mark, coming at around $930 million. At the same time, comparing Apple with Tesla, the former certainly looks \"cheap\" and could be described as a \"screaming buy\". I have made the description in quotations as that can be said of many stocks when compared with Tesla.</p><p><img src=\"https://static.tigerbbs.com/0237824d55d08bcaac64f42aca9d9863\" tg-width=\"640\" tg-height=\"495\" referrerpolicy=\"no-referrer\"></p><p>Hence, it's more instructive to compare Apple Inc. with itself. In the past 10 years, its P/E ratio is an average of 17 times. The current P/E of 29 times is, thus, a leap over the historical average, even though it has come off the recent peaks of over 40 times in the past year.</p><p>For those who look beyond the income statements and into the cash flows, Apple's $90.5 billion free cash flow [FCF] outshines Tesla's $2.4 billion by an extremely wide margin. Putting the chasm in perspective, AAPL's price-to-FCF ratio at 24 times is ultra-low relative to TSLA's 310 times.</p><p><img src=\"https://static.tigerbbs.com/960a9aac76fa63f1641c99e5f6552848\" tg-width=\"640\" tg-height=\"494\" referrerpolicy=\"no-referrer\"></p><p><b>Should long-term investors go for AAPL or TSLA?</b></p><p>At first glance, it looks to me that Apple stock is a good value buy. However, looking at the quant grade for value, AAPL's score of D+ is not that much better than TSLA's F. Why is this so? The primary reason is that quant ratings are based on the individual stock's metrics relative to its industry. Apple, Inc. belongs to the Information Technology sector, while Tesla, Inc. falls under Consumer Discretionary.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6387a75dbe764282d1160dac9c93e1c3\" tg-width=\"640\" tg-height=\"271\" referrerpolicy=\"no-referrer\"><span> Source: Seeking Alpha Premium</span></p><p>For growth, AAPL scored a poor grade of C- while TSLA has a stellar A+. While this is also judged according to their respective sectors, readers can see in the following table that TSLA's growth metrics are significantly superior to AAPL and consistently so.</p><p>For instance, Tesla's revenue on a 5-year CAGR basis is 53.2 percent, several times that of Apple's 7.4 percent. If Tesla's 50.8 percent EBITDA year-on-year growth is impressive, the 63.5 percent EBITDA growth on a forward basis would be incredible. In contrast, analysts are forecasting Apple's EBITDA growth on a forward basis to be more than halved. TSLA grew its tangible book value by 77.2 percent CAGR in the past three years while AAPL saw a contraction of 18.3 percent in the same period.</p><table><tbody><tr><th>Growth Metrics</th><th>AAPL</th><th>TSLA</th></tr><tr><th>Revenue Growth (YoY)</th><td><p>21.43%</p></td><td><p>38.11%</p></td></tr><tr><th>Revenue Growth (FWD)</th><td><p>12.19%</p></td><td><p>39.54%</p></td></tr><tr><th>Revenue 3 Year [CAGR]</th><td><p>9.56%</p></td><td><p>42.31%</p></td></tr><tr><th>Revenue 5 Year [CAGR]</th><td><p>7.42%</p></td><td><p>53.24%</p></td></tr><tr><th>EBITDA Growth (YoY)</th><td><p>29.12%</p></td><td><p>50.80%</p></td></tr><tr><th>EBITDA Growth (FWD)</th><td><p>12.96%</p></td><td><p>63.49%</p></td></tr><tr><th>Tang Book Value 3 Year [CAGR]</th><td><p>-18.31%</p></td><td><p>77.24%</p></td></tr><tr><th>Total Assets 3 Year [CAGR]</th><td><p>-2.83%</p></td><td><p>24.77%</p></td></tr></tbody></table><p>The saving grace for Apple Inc., or its attraction, is its superior profitability metrics. Its gross profit margin is nearly double that of Tesla. Further down the income statement, Apple's net income margin at 23.5 percent is more than 7 times higher than Tesla's.</p><p>AAPL's Return on Equity is a staggering 103.4 percent as compared to TSLA's 7.2 percent. The disparity is expected to widen as Apple continues to execute its share buyback program, shrinking its equity, while Tesla issues new shares to fund its growth. Its Return on Assets at 16.9 percent is several times that of Tesla's 3.0 percent. Its Return on Total Capital at 28.6 percent is 6.7 times that of Tesla's 4.3 percent.</p><table><tbody><tr><th>Profitability Metrics</th><th>AAPL</th><th>TSLA</th></tr><tr><th>Gross Profit Margin</th><td><p>39.88%</p></td><td><p>21.18%</p></td></tr><tr><th>EBIT Margin</th><td><p>27.32%</p></td><td><p>6.01%</p></td></tr><tr><th>EBITDA Margin</th><td><p>30.68%</p></td><td><p>12.66%</p></td></tr><tr><th>Net Income Margin</th><td><p>23.45%</p></td><td><p>3.18%</p></td></tr><tr><th>Levered FCF Margin</th><td><p>24.62%</p></td><td><p>9.84%</p></td></tr><tr><th>Return on Equity</th><td><p>103.40%</p></td><td><p>7.16%</p></td></tr><tr><th>Return on Assets</th><td><p>16.90%</p></td><td><p>2.99%</p></td></tr><tr><th>Return on Total Capital</th><td><p>28.64%</p></td><td><p>4.30%</p></td></tr></tbody></table><p>With this underperformance, should long-term investors ignore Tesla? The answer depends on one's holding power and the ability to stay calm amid the volatility that TSLA stock has been known for. According to Wall Street analysts, Tesla's 2020's earnings per share [EPS] of $2.24 was just a small fraction of what the EV-maker could deliver in the next ten years.</p><p>By 2030, Tesla, Inc. is projected to mint $34.48 in EPS on a consensus basis, giving it a forward P/E ratio of 19.5 times. This will be a dramatic reduction from the current P/E ratio of over 300 times. Quarter-on-quarter, however, the picture might not be as clear as production hiccups from possible mishaps, shortage of components such as semiconductor chips, ramp-up challenges, etc. could obfuscate its true potential and make investors lose track of its long-term story.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/adb752e67473741117767ed857451476\" tg-width=\"640\" tg-height=\"278\" referrerpolicy=\"no-referrer\"><span>Source: Seeking Alpha Premium</span></p><p>Of course, if you are looking for dividends, TSLA is one stock you can forget about investing in. On the contrary, AAPL offers dividend investors a fairly consistent dividend and an excellent \"dividend safety\", even if the dividend growth is barely a passing grade and the dividend yield is a disappointing D+ grade. A conservative investor wouldn't complain about Apple's dividend.</p><p><img src=\"https://static.tigerbbs.com/1e20422c2e173566aff6486316a750ef\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\"></p><p><b>How might Apple's introduction of an electric car affect Tesla?</b></p><p>There are more similarities between Apple and Tesla than the duo being in the electric car business three-to-five years down the road. Both American firms are already entrenched in China for the manufacturing of products as well as an important market. That makes the two companies subjected to thegeopolitical tensions brewing intenselybetween the U.S. and China.</p><p>Perhaps cognizant of the risk of over-reliance on China, Apple's rumored partners were Koreans. Hyundai Motor (OTC:HYMLF)(OTCPK:HYMTF)(OTCPK:HYMPY) and its subsidiary Kia Motors (OTCPK:KIMTF) were first touted asprime candidates. Subsequently, Apple wasreportedto be on the verge of signing an agreement with a joint venture of South Korea's LG and Magna, a Canadian auto supplier.</p><p>If true, one of Apple's strengths over Tesla in the EV business would be its avoidance of China as a manufacturing base. I have argued previously that Tesla woulddouble down on producing cars in Chinafollowing its favorable Shanghai experience.</p><p>On the mechanics of EVs as a product, however, Tesla is expected to maintain its clear lead. Tesla has produced its cars in-house for more than a decade and accumulated a wealth of manufacturing techniques and experience along the way. Although critics charged that its profitability was largely derived from the sale of high-margin regulatory credits, the richness of data collected without charge from drivers who<i>paid</i>for the privilege to own Tesla cars is often brushed off.</p><p>It is this Big Data pool Tesla possesses that enables it to accelerate its autonomous ride-hailing ambitions. On the other hand, even though there are many more Apple users than owners of Tesla cars, Apple's self-driving project only has its own trials to guide its development. This hampers the progress of a rollout of ride-hailing services and diminishes its threat to Tesla.</p><p>Nevertheless, Apple can bank on its ecosystem where different products and accessories connect in a seamless fashion. On the other hand, however pleasant a driving experience it is for Tesla car owners, its in-car offerings are limited and mostly outsourced.</p><p><b>Apple vs Tesla stock: final thoughts</b></p><p>Both Apple and Tesla stocks are well covered by analysts. The consensus Wall Street rating is \"bullish\" for Apple and \"neutral\" for Tesla. What's telling is that AAPL has an upside of around 23.5 percent to its price target. In contrast, TSLA has a paltry upside of only 2.6 percent at the moment.</p><p>As presented in this article, Apple's valuation multiples are well deserved given the good profitability it enjoys. Nevertheless, I wish to reiterate that Apple stock seems good as a value buy based only on the comparison to Tesla. AAPL, as illustrated earlier, is trading at higher valuation metrics than in the past.</p><p>As the company releases some highly anticipated progress in its Apple Car project, investors could become excited and accord it with EV-like multiples. Meanwhile, its existing offerings continue to keep users within its ecosystem.</p><p>In contrast, Tesla's valuation is rather rich, especially so if the so-called rotation trade is indeed in full swing. Yet, its earnings potential over the next 10 years seems to suggest TSLA is in the early innings, provided it can overcome the gradual loss of its EV credit buyers, as we have realized from theannouncementof Stellantis (STLA) this week. Thus, it is hard to pick a winner here but readers can decide based on their risk profile and invest accordingly.</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>Apple Vs. Tesla Stock: Which Is A Buy Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Vs. Tesla Stock: Which Is A Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 11:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4425472-apple-vs-tesla-stock-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAfter Apple confirmed its EV ambitions, investors began to compare its valuation metrics with Tesla.Apple certainly looks cheap and, I believe, could be described as a screaming buy. However, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4425472-apple-vs-tesla-stock-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4425472-apple-vs-tesla-stock-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1117135949","content_text":"SummaryAfter Apple confirmed its EV ambitions, investors began to compare its valuation metrics with Tesla.Apple certainly looks cheap and, I believe, could be described as a screaming buy. However, in comparison, it doesn't necessarily follow that Tesla stock is expensive.The quant ratings for AAPL and TSLA reveal some interesting data which I will share in this article.Quarterly fluctuations could obfuscate the true potential of Tesla and make investors lose track of its long-term story.Photo by Radiomoscow/iStock via Getty ImagesArticle motivationApple Inc. (AAPL) and Tesla Inc. (TSLA) seem as contrasting as treacle and water whether we are comparing their business models or the stock. However, after Apple confirmed that it was indeed working tolaunch a carin three to six years, market players have begun to speak about the two tech titans in the same breath.In this article, I will compare the valuations of Apple and Tesla as well as discuss their respective stock performance. I will also discuss the suitability of AAPL and TSLA to different types of long-term investors.Valuation comparison of Apple and TeslaFrom the trough in March 2020 following the market panic over the COVID-19 outbreak, Tesla stock climbed more than 1000 percent higher by January this year. After the swoon in March, TSLA is still up over 800 percent, far outperforming Apple stock which hadmerelydoubled in the same period.Judging by the percentage returns, TSLA is the undisputed champion over AAPL. However, it's important to note that more than $1 trillion in market capitalization was added to Apple since mid-March of last year, while Tesla scored a smaller increase of $582 million.At its current market cap of $648.9 billion, Tesla, Inc. is less than one-third the size of Apple, Inc. Despite the massive media attention it receives and the outsized influence its chief executive officer Elon Musk has on the investing community, Tesla only has 72 percent of the market cap of social media giant Facebook (FB).In other words, while Apple stock has broken the psychological market cap of both one trillion and two trillion dollars, Tesla stock is still some distance from being \"obstructed\" by the first trillion-barrier. Considering that TSLA had in January surpassed FB stock in terms of market cap, should that happen again, we could see it potentially breaching the one trillion dollars level for the first time.Critics could argue that would bring Tesla's price-to-earnings (P/E) ratio to above a thousand times, a mind-boggling number in itself. In contrast, Apple's P/E ratio is currently at 28.7 times, a paltry number in comparison. However, for much of TSLA's trading history, the stock didn't even have a P/E ratio to speak of, as the company was not profitable for many years. Yet, the lack of a P/E ratio did not deter investors from piling in.Based on the price-to-sales ratio, if Tesla Inc. reclaims the 30 times record achieved in January, its market cap would indeed be within reach of the one trillion dollar mark, coming at around $930 million. At the same time, comparing Apple with Tesla, the former certainly looks \"cheap\" and could be described as a \"screaming buy\". I have made the description in quotations as that can be said of many stocks when compared with Tesla.Hence, it's more instructive to compare Apple Inc. with itself. In the past 10 years, its P/E ratio is an average of 17 times. The current P/E of 29 times is, thus, a leap over the historical average, even though it has come off the recent peaks of over 40 times in the past year.For those who look beyond the income statements and into the cash flows, Apple's $90.5 billion free cash flow [FCF] outshines Tesla's $2.4 billion by an extremely wide margin. Putting the chasm in perspective, AAPL's price-to-FCF ratio at 24 times is ultra-low relative to TSLA's 310 times.Should long-term investors go for AAPL or TSLA?At first glance, it looks to me that Apple stock is a good value buy. However, looking at the quant grade for value, AAPL's score of D+ is not that much better than TSLA's F. Why is this so? The primary reason is that quant ratings are based on the individual stock's metrics relative to its industry. Apple, Inc. belongs to the Information Technology sector, while Tesla, Inc. falls under Consumer Discretionary. Source: Seeking Alpha PremiumFor growth, AAPL scored a poor grade of C- while TSLA has a stellar A+. While this is also judged according to their respective sectors, readers can see in the following table that TSLA's growth metrics are significantly superior to AAPL and consistently so.For instance, Tesla's revenue on a 5-year CAGR basis is 53.2 percent, several times that of Apple's 7.4 percent. If Tesla's 50.8 percent EBITDA year-on-year growth is impressive, the 63.5 percent EBITDA growth on a forward basis would be incredible. In contrast, analysts are forecasting Apple's EBITDA growth on a forward basis to be more than halved. TSLA grew its tangible book value by 77.2 percent CAGR in the past three years while AAPL saw a contraction of 18.3 percent in the same period.Growth MetricsAAPLTSLARevenue Growth (YoY)21.43%38.11%Revenue Growth (FWD)12.19%39.54%Revenue 3 Year [CAGR]9.56%42.31%Revenue 5 Year [CAGR]7.42%53.24%EBITDA Growth (YoY)29.12%50.80%EBITDA Growth (FWD)12.96%63.49%Tang Book Value 3 Year [CAGR]-18.31%77.24%Total Assets 3 Year [CAGR]-2.83%24.77%The saving grace for Apple Inc., or its attraction, is its superior profitability metrics. Its gross profit margin is nearly double that of Tesla. Further down the income statement, Apple's net income margin at 23.5 percent is more than 7 times higher than Tesla's.AAPL's Return on Equity is a staggering 103.4 percent as compared to TSLA's 7.2 percent. The disparity is expected to widen as Apple continues to execute its share buyback program, shrinking its equity, while Tesla issues new shares to fund its growth. Its Return on Assets at 16.9 percent is several times that of Tesla's 3.0 percent. Its Return on Total Capital at 28.6 percent is 6.7 times that of Tesla's 4.3 percent.Profitability MetricsAAPLTSLAGross Profit Margin39.88%21.18%EBIT Margin27.32%6.01%EBITDA Margin30.68%12.66%Net Income Margin23.45%3.18%Levered FCF Margin24.62%9.84%Return on Equity103.40%7.16%Return on Assets16.90%2.99%Return on Total Capital28.64%4.30%With this underperformance, should long-term investors ignore Tesla? The answer depends on one's holding power and the ability to stay calm amid the volatility that TSLA stock has been known for. According to Wall Street analysts, Tesla's 2020's earnings per share [EPS] of $2.24 was just a small fraction of what the EV-maker could deliver in the next ten years.By 2030, Tesla, Inc. is projected to mint $34.48 in EPS on a consensus basis, giving it a forward P/E ratio of 19.5 times. This will be a dramatic reduction from the current P/E ratio of over 300 times. Quarter-on-quarter, however, the picture might not be as clear as production hiccups from possible mishaps, shortage of components such as semiconductor chips, ramp-up challenges, etc. could obfuscate its true potential and make investors lose track of its long-term story.Source: Seeking Alpha PremiumOf course, if you are looking for dividends, TSLA is one stock you can forget about investing in. On the contrary, AAPL offers dividend investors a fairly consistent dividend and an excellent \"dividend safety\", even if the dividend growth is barely a passing grade and the dividend yield is a disappointing D+ grade. A conservative investor wouldn't complain about Apple's dividend.How might Apple's introduction of an electric car affect Tesla?There are more similarities between Apple and Tesla than the duo being in the electric car business three-to-five years down the road. Both American firms are already entrenched in China for the manufacturing of products as well as an important market. That makes the two companies subjected to thegeopolitical tensions brewing intenselybetween the U.S. and China.Perhaps cognizant of the risk of over-reliance on China, Apple's rumored partners were Koreans. Hyundai Motor (OTC:HYMLF)(OTCPK:HYMTF)(OTCPK:HYMPY) and its subsidiary Kia Motors (OTCPK:KIMTF) were first touted asprime candidates. Subsequently, Apple wasreportedto be on the verge of signing an agreement with a joint venture of South Korea's LG and Magna, a Canadian auto supplier.If true, one of Apple's strengths over Tesla in the EV business would be its avoidance of China as a manufacturing base. I have argued previously that Tesla woulddouble down on producing cars in Chinafollowing its favorable Shanghai experience.On the mechanics of EVs as a product, however, Tesla is expected to maintain its clear lead. Tesla has produced its cars in-house for more than a decade and accumulated a wealth of manufacturing techniques and experience along the way. Although critics charged that its profitability was largely derived from the sale of high-margin regulatory credits, the richness of data collected without charge from drivers whopaidfor the privilege to own Tesla cars is often brushed off.It is this Big Data pool Tesla possesses that enables it to accelerate its autonomous ride-hailing ambitions. On the other hand, even though there are many more Apple users than owners of Tesla cars, Apple's self-driving project only has its own trials to guide its development. This hampers the progress of a rollout of ride-hailing services and diminishes its threat to Tesla.Nevertheless, Apple can bank on its ecosystem where different products and accessories connect in a seamless fashion. On the other hand, however pleasant a driving experience it is for Tesla car owners, its in-car offerings are limited and mostly outsourced.Apple vs Tesla stock: final thoughtsBoth Apple and Tesla stocks are well covered by analysts. The consensus Wall Street rating is \"bullish\" for Apple and \"neutral\" for Tesla. What's telling is that AAPL has an upside of around 23.5 percent to its price target. In contrast, TSLA has a paltry upside of only 2.6 percent at the moment.As presented in this article, Apple's valuation multiples are well deserved given the good profitability it enjoys. Nevertheless, I wish to reiterate that Apple stock seems good as a value buy based only on the comparison to Tesla. AAPL, as illustrated earlier, is trading at higher valuation metrics than in the past.As the company releases some highly anticipated progress in its Apple Car project, investors could become excited and accord it with EV-like multiples. Meanwhile, its existing offerings continue to keep users within its ecosystem.In contrast, Tesla's valuation is rather rich, especially so if the so-called rotation trade is indeed in full swing. Yet, its earnings potential over the next 10 years seems to suggest TSLA is in the early innings, provided it can overcome the gradual loss of its EV credit buyers, as we have realized from theannouncementof Stellantis (STLA) this week. Thus, it is hard to pick a winner here but readers can decide based on their risk profile and invest accordingly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199036427,"gmtCreate":1620656073769,"gmtModify":1704346260905,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Overhang will persist for a while... Buy on red, sell on green. Simple&nbsp;","listText":"Overhang will persist for a while... Buy on red, sell on green. Simple&nbsp;","text":"Overhang will persist for a while... Buy on red, sell on green. Simple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199036427","repostId":"1175551541","repostType":4,"repost":{"id":"1175551541","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620655672,"share":"https://ttm.financial/m/news/1175551541?lang=&edition=fundamental","pubTime":"2021-05-10 22:07","market":"us","language":"en","title":"Most of Chinese stocks fell, pinduoduo plunged about 12%","url":"https://stock-news.laohu8.com/highlight/detail?id=1175551541","media":"Tiger Newspress","summary":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interv","content":"<p>(May 10)&nbsp;Most of Chinese stocks fell, pinduodduo plunged about 12%.&nbsp;Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In&nbsp;addition,&nbsp;days&nbsp;ago,&nbsp;Bloomberg&nbsp;said&nbsp;that&nbsp;<a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</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>Most of Chinese stocks fell, pinduoduo plunged about 12%</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\">\nMost of Chinese stocks fell, pinduoduo plunged about 12%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-10 22:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 10)&nbsp;Most of Chinese stocks fell, pinduodduo plunged about 12%.&nbsp;Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.</p><p><img src=\"https://static.tigerbbs.com/c73a36bcff161c9cf6c392e19b2e4d9d\" tg-width=\"342\" tg-height=\"640\" referrerpolicy=\"no-referrer\">In&nbsp;addition,&nbsp;days&nbsp;ago,&nbsp;Bloomberg&nbsp;said&nbsp;that&nbsp;<a href=\"https://laohu8.com/S/CAAS\">China</a> considers tighter rules for firms listing overseas.</p><p>China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.</p><p>The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.</p><p>When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.</p><p>The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. <a href=\"https://laohu8.com/S/00626\">Public</a> Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.</p><p>The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, <a href=\"https://laohu8.com/S/AONE\">one</a> of the people said.</p><p>China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the people said.</p><p>It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.</p><p>Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.</p><p>China has already tightened measures for listings on domestic exchanges including Shanghai’s <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.</p><p>The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175551541","content_text":"(May 10) Most of Chinese stocks fell, pinduodduo plunged about 12%. Shanghai Consumer Council interviewed Pinduoduo today and pointed out the problems that Pinduoduo has in the protection of consumer rights and interests.In addition, days ago, Bloomberg said that China considers tighter rules for firms listing overseas.China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings outside mainland China to submit listing documents to ensure they’re compliant with local laws and regulations, the people said. The scrutiny would also seek to prevent any leaks of sensitive data that might be of national security interest, the people added, requesting they not be identified as the matter is private. The discussions are preliminary and could be subject to change.When asked if it was considering such changes, the CSRC issued a brief denial without elaborating.The heightened regulatory concerns come as the U.S. tightens restrictions on Chinese firms listed on its exchanges, with legislation that requires the companies to allow inspectors to review their financial audits. China has long refused to let the U.S. Public Company Accounting Oversight Board examine audits of firms whose shares trade in America, citing national security interests.The measures, if rolled out, could have far-reaching implications for a raft of upstarts that are on the verge of going public. Among them are Bytedance Ltd., which is said to be weighing a listing of some of its China units, and ride-hailing giant Didi Chuxing, people familiar have said. The changes could also ensnare Chinese firms that already trade in foreign markets, requiring them to submit filings to regulators as well, one of the people said.China’s current rules require all locally registered companies and some firms with offshore registrations to seek approval from the securities watchdog when they list in Hong Kong or outside the country. However, many internet stars like Tencent Holdings Ltd. and Alibaba Group Holding Ltd., registered in places like Cayman Islands or the British Virgin Islands, fall outside the scope of the current regulations. The new rules would seek to lay out more specific reporting guidelines and standardize them across firms, one of the people said.It is unclear what impact any news rules may have for companies that operate a so-called Variable Interest Entity -- a vehicle through which virtually every major Chinese internet company attracts foreign investment and lists overseas.Regulators have issued a slew of measures placing greater scrutiny on the nation’s tech giants, curtailing their operations on everything from data collection and monopolistic practices. Among the orders issued by financial regulators in April were new guidelines on securitizing assets and seeking overseas listings.China has already tightened measures for listings on domestic exchanges including Shanghai’s Nasdaq-style Star board. It’s restricted listings of fintech companies, and banned IPOs by firms that operate mainly in real estate and sectors related to financial investment.The clampdown on tech firms led to the postponement of a $35 billion IPO by Jack Ma’s Ant Group Co. in November. On orders from regulators, Ant must drastically revamp its business and will be supervised more like a bank, a move with far-reaching implications for its growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104280441,"gmtCreate":1620393689983,"gmtModify":1704343027392,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Must have in your portfolio. Pls don't go up so fast. You're too expensive&nbsp;","listText":"Must have in your portfolio. Pls don't go up so fast. You're too expensive&nbsp;","text":"Must have in your portfolio. Pls don't go up so fast. You're too expensive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104280441","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","kind":"news","pubTimestamp":1620360165,"share":"https://ttm.financial/m/news/1157328258?lang=&edition=fundamental","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul><p>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p>#1 Price vs. Growth</p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p>#2 Comparative Valuation</p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p>#3 Discounted Cash Flow Model</p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p>Some explanations:</p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul><p>Here is the model itself:</p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><i>Source: Author</i></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p>Final thoughts</p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol>","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>Amazon: The Most Clearly Undervalued Company</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\">\nAmazon: The Most Clearly Undervalued Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company><strong>Seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-...</p>\n\n<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">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/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":189610844,"gmtCreate":1623255166388,"gmtModify":1704199571698,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Both must haves. Along with baba. 20x FY22 earnings!!! Mad&nbsp;","listText":"Both must haves. Along with baba. 20x FY22 earnings!!! Mad&nbsp;","text":"Both must haves. Along with baba. 20x FY22 earnings!!! Mad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/189610844","repostId":"1141275388","repostType":4,"repost":{"id":"1141275388","kind":"news","pubTimestamp":1623243740,"share":"https://ttm.financial/m/news/1141275388?lang=&edition=fundamental","pubTime":"2021-06-09 21:02","market":"us","language":"en","title":"One FAANG stock is quietly making new highs, and one strategist still sees it as a buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1141275388","media":"cnbc","summary":"TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.Facebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple,Amazon,NetflixandGoogle parent Alphabet— have not broken through to their own since at least April.In the same interview, Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors, said Amazon looks to be one of the better picks of the bunch.Amazon trades at 51.5 times forwar","content":"<div>\n<p>TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.\nFacebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/facebook-stock-smashes-record-and-strategist-still-sees-it-as-a-buy.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>One FAANG stock is quietly making new highs, and one strategist still sees it as a buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOne FAANG stock is quietly making new highs, and one strategist still sees it as a buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/facebook-stock-smashes-record-and-strategist-still-sees-it-as-a-buy.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.\nFacebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/facebook-stock-smashes-record-and-strategist-still-sees-it-as-a-buy.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","AMZN":"亚马逊","GOOG":"谷歌","AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/06/09/facebook-stock-smashes-record-and-strategist-still-sees-it-as-a-buy.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1141275388","content_text":"TheS&P 500may be struggling to crack its record high, but one FAANG stock is already there.\nFacebookmade a fresh all-time high on Tuesday for a second day in a row. The rest of the FAANG stocks —Apple,Amazon,NetflixandGoogle parent Alphabet— have not broken through to their own since at least April.\nMichael Binger, president of Gradient Investments, says Facebook’s win streak is not over.\n“Facebook is continuing to be a buy for us. We own it I would add more if you don’t own it here. It’s the best consumer-driven internet play out there in my opinion. They’ve got a great advertising platform, 18 to 20% growth for the next several years. You’re getting that at a reasonable price,” Binger told CNBC’s “Trading Nation” on Tuesday.\nFacebook is the second-best FAANG performer this year, behind Alphabet, rising 22%.\nBut, that’s not the only stock in the bunch that Binger likes. He highlights Alphabet as one of his other top picks. On Alphabet, he says the company is a “leader of the pack” with its Google search and YouTube video platform.\nApple, too, is a buy for Binger after its sharp pullback. That stock has fallen 13% from a January peak.\n“I see Apple as a core holding, we own it, we love it and I think you could buy it right here on this pullback. The PE multiple has actually come down to the low-20s right now. So, I like Apple here,” he said.\nIn the same interview, Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors, said Amazon looks to be one of the better picks of the bunch.\n“This is where that fine nuance between growth and price leads you to growth-at-a-reasonable price,” Sanchez said. “Amazon, even though it’s probably one of the most highly priced of all of the FAANGs, has a more interesting road ahead because they had strong growth during the pandemic. They’re probably going to lock in those consumers, their cloud business is still growing dramatically, and so the roadmap for them is very good.”\nAmazon trades at 51.5 times forward earnings. Facebook, the cheapest of the bunch, trades with a multiple of less than 24 times.\n“When you look at these interesting stocks, Amazon seems fairly priced given that it has still significant growth to come,” she said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581916650287080","authorId":"3581916650287080","name":"Edylc","avatar":"https://static.tigerbbs.com/d47ae9801294e297e6bdb82900a5efb6","crmLevel":4,"crmLevelSwitch":0,"idStr":"3581916650287080","authorIdStr":"3581916650287080"},"content":"Whats your thoughts on Baba? Will Ma be able to overcome china and us politics?","text":"Whats your thoughts on Baba? Will Ma be able to overcome china and us politics?","html":"Whats your thoughts on Baba? Will Ma be able to overcome china and us politics?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186547976,"gmtCreate":1623514676895,"gmtModify":1704205388891,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Always buy quality on weakness&nbsp;","listText":"Always buy quality on weakness&nbsp;","text":"Always buy quality on weakness","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/186547976","repostId":"1190309980","repostType":4,"repost":{"id":"1190309980","kind":"news","pubTimestamp":1623411452,"share":"https://ttm.financial/m/news/1190309980?lang=&edition=fundamental","pubTime":"2021-06-11 19:37","market":"us","language":"en","title":"2 Crucial Lessons From Cathie Wood About Apple Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1190309980","media":"The Street","summary":"Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.In doing my daily research of Apple stock  -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.Considering Apple stock’s loss of 5% in 2015, h","content":"<blockquote>\n <b>Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.</b>\n</blockquote>\n<p>In doing my daily research of Apple stock&nbsp;(<b>AAPL</b>) -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.</p>\n<p>Considering Apple stock’s loss of 5% in 2015, her response was the following:</p>\n<blockquote>\n “At this moment, […] Apple might be, because […] the thinking there is so short term. […] Apple is going to become a big company, and [the stock] has been depressed recently by channel checks: how iPhone sales will do in the first quarter, or in the second quarter.”\n</blockquote>\n<p>Since this interview, Apple share price climbed a whopping 400%-plus in just over five years.</p>\n<p><b>#1. Buying quality on weakness</b></p>\n<p>The first important lesson from Ms. Wood’s 2016 insight above is that high-quality companies, whose stocks are likely to climb over time, should be bought on weakness. The logic is simple: if the long-term trend is up, buy shares when the market is selling them at a discount.</p>\n<p>I put some numbers around this ideaa couple of months ago. Historically, it has made much more sense to buy AAPL when shares declined from a previous peak.</p>\n<p>The chart below shows the historical average one-year return in Apple stock under different scenarios. Notice that, the more shares dip, the higher the future returns have been.</p>\n<p><img src=\"https://static.tigerbbs.com/d8f3b347dced7ad7d67e5c7ef756c550\" tg-width=\"578\" tg-height=\"348\">Following the same logic, current Apple investors might be encouraged that the stock remains under water: 12% below the January 2021 top of $143. Should AAPL make fresh all-time highs soon, asI recently speculated that it could, returns for the remainder of the year may start to look appealing.</p>\n<p><b>#2. Filtering out short-term noise</b></p>\n<p>The second point made by Cathie Wood is at least as important. In her view, Apple stock was under pressure in 2015 and early 2016 due to short-term concerns over smartphone sales in the following couple of quarters, especially after the blockbuster release of the iPhone 6.</p>\n<p>In analyzing market movements, I believe it helps to think about the real drivers of share price: buyers and sellers of the stock. Sometimes, people on both sides of the transaction are more concerned about how a stock might perform in the near term, possibly hoping to make a quick buck – and this is just fine.</p>\n<p>In these cases, long-term buyers are probably better off ignoring “short term noise” about what sales or earnings might look like right around the corner. Better yet, they might want to take advantage of selling pressures created by short-term traders to enter a position at better prices.</p>\n<p>Apple might be faced with a similar setup in 2021. The chatter on Wall Street seems torevolve around the company’s follow throughto a successful pandemic year and launch of the first 5G-capable iPhone.</p>\n<p>But look beyond the next 12 months, and one might find it easier to make a bullish case on Apple stock. The company continues to grow revenues, expand margins, pile on cash, while it has yet to tap intoopportunities in mixed realityandautonomous vehicles.</p>\n<p><b>Twitter speaks</b></p>\n<p>Big Tech stocks like Amazon and Apple are a tiny piece of famed investor Cathie Wood’s ARK portfolios. In your view, which of the following FAAMG names would deserve higher allocation in a tech disrupter and innovator ETF? Leave your vote below on our partner's Twitter, @AmazonMaven.</p>\n<p><img src=\"https://static.tigerbbs.com/565580495c2d16818604c9b6d814b1db\" tg-width=\"582\" tg-height=\"480\"></p>\n<p><b>Is the price right?</b></p>\n<p>Looking at a company’s business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. This is why valuation analysis is so important.</p>\n<p>Alpha Spread’suser-friendly platform allows you to estimate a stock’s fair value –through valuation multiples, discounted cash flow, and more. I believe that the service is a must for anyone looking to own the right stock at the right price.Check out alphaspread.comand get started with a 7-day free trial.</p>","source":"lsy1610613172068","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>2 Crucial Lessons From Cathie Wood About Apple Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Crucial Lessons From Cathie Wood About Apple Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 19:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.\n\nIn doing my ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/news/2-crucial-lessons-from-cathie-wood-about-apple-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190309980","content_text":"Cathie Wood’s ARK Invest is not much of an investor in Apple stock. But the famed fund manager has offered valuable advice about the Cupertino company’s shares that is worth revisiting.\n\nIn doing my daily research of Apple stock (AAPL) -Get Report, I stumbled upon a gem from Ark Invest’s CEO, CIO and rockstar money manager Cathie Wood. In January 2016, during aninterviewwith CNBC, she was asked which stock seemed like a better buy at the time: AAPL or AMZN.\nConsidering Apple stock’s loss of 5% in 2015, her response was the following:\n\n “At this moment, […] Apple might be, because […] the thinking there is so short term. […] Apple is going to become a big company, and [the stock] has been depressed recently by channel checks: how iPhone sales will do in the first quarter, or in the second quarter.”\n\nSince this interview, Apple share price climbed a whopping 400%-plus in just over five years.\n#1. Buying quality on weakness\nThe first important lesson from Ms. Wood’s 2016 insight above is that high-quality companies, whose stocks are likely to climb over time, should be bought on weakness. The logic is simple: if the long-term trend is up, buy shares when the market is selling them at a discount.\nI put some numbers around this ideaa couple of months ago. Historically, it has made much more sense to buy AAPL when shares declined from a previous peak.\nThe chart below shows the historical average one-year return in Apple stock under different scenarios. Notice that, the more shares dip, the higher the future returns have been.\nFollowing the same logic, current Apple investors might be encouraged that the stock remains under water: 12% below the January 2021 top of $143. Should AAPL make fresh all-time highs soon, asI recently speculated that it could, returns for the remainder of the year may start to look appealing.\n#2. Filtering out short-term noise\nThe second point made by Cathie Wood is at least as important. In her view, Apple stock was under pressure in 2015 and early 2016 due to short-term concerns over smartphone sales in the following couple of quarters, especially after the blockbuster release of the iPhone 6.\nIn analyzing market movements, I believe it helps to think about the real drivers of share price: buyers and sellers of the stock. Sometimes, people on both sides of the transaction are more concerned about how a stock might perform in the near term, possibly hoping to make a quick buck – and this is just fine.\nIn these cases, long-term buyers are probably better off ignoring “short term noise” about what sales or earnings might look like right around the corner. Better yet, they might want to take advantage of selling pressures created by short-term traders to enter a position at better prices.\nApple might be faced with a similar setup in 2021. The chatter on Wall Street seems torevolve around the company’s follow throughto a successful pandemic year and launch of the first 5G-capable iPhone.\nBut look beyond the next 12 months, and one might find it easier to make a bullish case on Apple stock. The company continues to grow revenues, expand margins, pile on cash, while it has yet to tap intoopportunities in mixed realityandautonomous vehicles.\nTwitter speaks\nBig Tech stocks like Amazon and Apple are a tiny piece of famed investor Cathie Wood’s ARK portfolios. In your view, which of the following FAAMG names would deserve higher allocation in a tech disrupter and innovator ETF? Leave your vote below on our partner's Twitter, @AmazonMaven.\n\nIs the price right?\nLooking at a company’s business fundamentals is only half the work needed to find a good stock. How much one pays to own the shares is a key factor in the success of any investment. This is why valuation analysis is so important.\nAlpha Spread’suser-friendly platform allows you to estimate a stock’s fair value –through valuation multiples, discounted cash flow, and more. I believe that the service is a must for anyone looking to own the right stock at the right price.Check out alphaspread.comand get started with a 7-day free trial.","news_type":1},"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3584773168332448","authorId":"3584773168332448","name":"ThomasNg007","avatar":"https://community-static.tradeup.com/news/484f9f97f8c61e79f232640eb2298c2f","crmLevel":2,"crmLevelSwitch":0,"idStr":"3584773168332448","authorIdStr":"3584773168332448"},"content":"How we know is the weaknes…. can shAre mote","text":"How we know is the weaknes…. can shAre mote","html":"How we know is the weaknes…. can shAre mote"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102277855,"gmtCreate":1620221943177,"gmtModify":1704340384563,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Rebound too fast....&nbsp;","listText":"Rebound too fast....&nbsp;","text":"Rebound too fast....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/102277855","repostId":"1115822888","repostType":4,"repost":{"id":"1115822888","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620221640,"share":"https://ttm.financial/m/news/1115822888?lang=&edition=fundamental","pubTime":"2021-05-05 21:34","market":"us","language":"en","title":"Nasdaq rises as tech stocks rebound after sell-off, lead market higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1115822888","media":"Tiger Newspress","summary":"Nasdaq rises as tech stocks rebound after sell-off, lead market higher.U.S. stock futures rebounded ","content":"<p>Nasdaq rises as tech stocks rebound after sell-off, lead market higher.</p><p>U.S. stock futures rebounded on Wednesday following a session defined by major weakness in technology stocks.</p><p>Dow futures added 88 points and S&amp;P 500 futures gained 0.4%. The biggest gains were with futures on the tech-heavy Nasdaq 100, which bounced 0.7%.</p><p>Major tech shares rebounded in early trading. Apple and Tesla gained about 1% each after falling 3.5% and 1.7% respectively on Tuesday.</p><p>There was good earnings news in the tech sector as well.Activision Blizzardrose more than 5% and ride-hailing companyLyftgained over 4% in premarket trading after better-than-expected earnings reports.</p><p>Outside of tech, General Motors shares jumped more than 3% in early trading afterearnings blew past expectations.</p><p>OnTuesday, investors exited technology and growth stocks, pushing the Nasdaq Composite down 1.9%. Along with losses in Apple and Tesla, shares ofNetflixlost 1.2%, andMicrosoftdropped 1.6%.AmazonandFacebookshed 2.2% and 1.3%, respectively.Alphabetfell 1.6%.</p><p><img src=\"https://static.tigerbbs.com/01ef9c7f4635f7d071449308b612ba08\" tg-width=\"678\" tg-height=\"381\" referrerpolicy=\"no-referrer\">The S&amp;P 500 wiped out Monday’s gains, dropping 0.7%. The Dow Jones Industrial Average ended the day up about 20 points after dropping more than 300 points at one point Tuesday.</p><p>The small-cap benchmark Russell 2000 fell 1.3%. Reopening plays like airlines, casinos and cruise lines also saw selling pressure.</p><p>There are a number of possible reasons for the downward pressure, including fears about rising inflation, concerns the Federal Reserve may have to taper monetary stimulus earlier than telegraphed, and the potential for tax hikes in the months ahead.</p><p>U.S. equities hit lows of the day following Treasury Secretary Janet Yellen’s&nbsp;comments that interest rates&nbsp;may have to rise somewhat to keep economy from overheating. Later in the day, the former Fed Chairman tempered her comments somewhat, saying she respects the central bank’s independence and was not trying to influence decision-making there. “It’s not something I’m predicting or recommending,” Yellen told the Wall Street Journal’s CEO Council Summit in follow-up comments.</p><p>While earnings have been coming in strong for the first quarter and companies have been raising guidance, stocks are not always moving upward following good news. Investors told CNBC this could mean the positive outlook is already priced into stocks.</p><p>Private payrolls rose by742,000 jobs in April, according to ADP. This result was below expectations of 800,000 jobs from economists surveyed by Dow Jones.</p><p>ADP did revise its March report upward by 48,000 jobs. These numbers come ahead of Friday’s closely-watched jobs report.</p><p>Two key readings on the services sector will also be released on Wednesday morning.</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>Nasdaq rises as tech stocks rebound after sell-off, lead market higher</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\">\nNasdaq rises as tech stocks rebound after sell-off, lead market higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-05 21:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq rises as tech stocks rebound after sell-off, lead market higher.</p><p>U.S. stock futures rebounded on Wednesday following a session defined by major weakness in technology stocks.</p><p>Dow futures added 88 points and S&amp;P 500 futures gained 0.4%. The biggest gains were with futures on the tech-heavy Nasdaq 100, which bounced 0.7%.</p><p>Major tech shares rebounded in early trading. Apple and Tesla gained about 1% each after falling 3.5% and 1.7% respectively on Tuesday.</p><p>There was good earnings news in the tech sector as well.Activision Blizzardrose more than 5% and ride-hailing companyLyftgained over 4% in premarket trading after better-than-expected earnings reports.</p><p>Outside of tech, General Motors shares jumped more than 3% in early trading afterearnings blew past expectations.</p><p>OnTuesday, investors exited technology and growth stocks, pushing the Nasdaq Composite down 1.9%. Along with losses in Apple and Tesla, shares ofNetflixlost 1.2%, andMicrosoftdropped 1.6%.AmazonandFacebookshed 2.2% and 1.3%, respectively.Alphabetfell 1.6%.</p><p><img src=\"https://static.tigerbbs.com/01ef9c7f4635f7d071449308b612ba08\" tg-width=\"678\" tg-height=\"381\" referrerpolicy=\"no-referrer\">The S&amp;P 500 wiped out Monday’s gains, dropping 0.7%. The Dow Jones Industrial Average ended the day up about 20 points after dropping more than 300 points at one point Tuesday.</p><p>The small-cap benchmark Russell 2000 fell 1.3%. Reopening plays like airlines, casinos and cruise lines also saw selling pressure.</p><p>There are a number of possible reasons for the downward pressure, including fears about rising inflation, concerns the Federal Reserve may have to taper monetary stimulus earlier than telegraphed, and the potential for tax hikes in the months ahead.</p><p>U.S. equities hit lows of the day following Treasury Secretary Janet Yellen’s&nbsp;comments that interest rates&nbsp;may have to rise somewhat to keep economy from overheating. Later in the day, the former Fed Chairman tempered her comments somewhat, saying she respects the central bank’s independence and was not trying to influence decision-making there. “It’s not something I’m predicting or recommending,” Yellen told the Wall Street Journal’s CEO Council Summit in follow-up comments.</p><p>While earnings have been coming in strong for the first quarter and companies have been raising guidance, stocks are not always moving upward following good news. Investors told CNBC this could mean the positive outlook is already priced into stocks.</p><p>Private payrolls rose by742,000 jobs in April, according to ADP. This result was below expectations of 800,000 jobs from economists surveyed by Dow Jones.</p><p>ADP did revise its March report upward by 48,000 jobs. These numbers come ahead of Friday’s closely-watched jobs report.</p><p>Two key readings on the services sector will also be released on Wednesday morning.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115822888","content_text":"Nasdaq rises as tech stocks rebound after sell-off, lead market higher.U.S. stock futures rebounded on Wednesday following a session defined by major weakness in technology stocks.Dow futures added 88 points and S&P 500 futures gained 0.4%. The biggest gains were with futures on the tech-heavy Nasdaq 100, which bounced 0.7%.Major tech shares rebounded in early trading. Apple and Tesla gained about 1% each after falling 3.5% and 1.7% respectively on Tuesday.There was good earnings news in the tech sector as well.Activision Blizzardrose more than 5% and ride-hailing companyLyftgained over 4% in premarket trading after better-than-expected earnings reports.Outside of tech, General Motors shares jumped more than 3% in early trading afterearnings blew past expectations.OnTuesday, investors exited technology and growth stocks, pushing the Nasdaq Composite down 1.9%. Along with losses in Apple and Tesla, shares ofNetflixlost 1.2%, andMicrosoftdropped 1.6%.AmazonandFacebookshed 2.2% and 1.3%, respectively.Alphabetfell 1.6%.The S&P 500 wiped out Monday’s gains, dropping 0.7%. The Dow Jones Industrial Average ended the day up about 20 points after dropping more than 300 points at one point Tuesday.The small-cap benchmark Russell 2000 fell 1.3%. Reopening plays like airlines, casinos and cruise lines also saw selling pressure.There are a number of possible reasons for the downward pressure, including fears about rising inflation, concerns the Federal Reserve may have to taper monetary stimulus earlier than telegraphed, and the potential for tax hikes in the months ahead.U.S. equities hit lows of the day following Treasury Secretary Janet Yellen’s comments that interest rates may have to rise somewhat to keep economy from overheating. Later in the day, the former Fed Chairman tempered her comments somewhat, saying she respects the central bank’s independence and was not trying to influence decision-making there. “It’s not something I’m predicting or recommending,” Yellen told the Wall Street Journal’s CEO Council Summit in follow-up comments.While earnings have been coming in strong for the first quarter and companies have been raising guidance, stocks are not always moving upward following good news. Investors told CNBC this could mean the positive outlook is already priced into stocks.Private payrolls rose by742,000 jobs in April, according to ADP. This result was below expectations of 800,000 jobs from economists surveyed by Dow Jones.ADP did revise its March report upward by 48,000 jobs. These numbers come ahead of Friday’s closely-watched jobs report.Two key readings on the services sector will also be released on Wednesday morning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573731031209763","authorId":"3573731031209763","name":"TheOneeee","avatar":"https://static.tigerbbs.com/9d5758738e99f8c2924ceb750474d825","crmLevel":1,"crmLevelSwitch":0,"idStr":"3573731031209763","authorIdStr":"3573731031209763"},"content":"Its gonna go parabolic downwards ahain zz","text":"Its gonna go parabolic downwards ahain zz","html":"Its gonna go parabolic downwards ahain zz"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144100069,"gmtCreate":1626270394551,"gmtModify":1703756762613,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Dont forget. The fed is always behind...&nbsp;","listText":"Dont forget. The fed is always behind...&nbsp;","text":"Dont forget. The fed is always behind...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/144100069","repostId":"1158673076","repostType":4,"repost":{"id":"1158673076","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626269478,"share":"https://ttm.financial/m/news/1158673076?lang=&edition=fundamental","pubTime":"2021-07-14 21:31","market":"us","language":"en","title":"Stocks open higher as Powell says the Fed will not yet alter easy policy","url":"https://stock-news.laohu8.com/highlight/detail?id=1158673076","media":"Tiger Newspress","summary":"U.S. stock indexes rose Wednesday after Federal Reserve Chairman Jerome Powell said in prepared rema","content":"<p>U.S. stock indexes rose Wednesday after Federal Reserve Chairman Jerome Powell&nbsp;said in prepared remarksthat the central bank will not yet alter its easy policies.</p>\n<p>Investors also assessed a rush of second-quarter earnings results from big banks and other major companies.</p>\n<p>The Dow Jones Industrial Average added around 175 points, or 0.5%.The S&amp;P 500 traded 0.5% higher, near its record. The Nasdaq Composite added 0.65%, boosted by gains in technology shares.</p>\n<p>\"The markets have gotten very accustomed to 'low rates for longer' and Powell's comments today don't necessarily change that,\" Diane Swonk, chief economist at Grant Thorton, said. \"The reality is the Fed has to deal with whatever comes in.\"</p>\n<p>Powell will say in his required semiannual testimony before Congress on Wednesday that the central bank can wait before it starts to ease its bond purchases despite surging inflation readings, according to remarks released before his testimony. In his prepared statement, Powell said he still expects inflation to moderate.</p>\n<p>\"At our June meeting, the Committee discussed the economy's progress toward our goals since we adopted our asset purchase guidance last December. While reaching the standard of 'substantial further progress' is still a ways off, participants expect that progress will continue,\" Powell said in the prepared remarks.</p>\n<p>The central bank chief is set to speak before the House Committee on Financial Services at noon ET. He is scheduled to testify before the Senate on Thursday.</p>\n<p>The yield on the10-year Treasury fell after Powell's remarks, continuing its decline in recent months. Yields fell even as a reading on producer prices from June showed higher than expected inflation. This follows the biggest jump in the consumer price index since 2008,released on Tuesday.</p>\n<p>Second-quarter earnings reporting season continued Wednesday with several companies posting earnings before the bell.</p>\n<p>Bank of America shares fell about 2% in premarket trading afterit reportedsecond-quarter revenue of $21.6 billion, just under the $21.8 billion estimate from Refinitiv. Low interest rates knocked net interest income by 6%, the bank said.</p>\n<p>Blackrock, the largest asset manager in the world,reportedearnings and revenue that topped expectations on Wednesday morning. Shares were down more than 2% in early morning trading.</p>\n<p>Shares of Citigroup and Wells Fargo each ticked higher after both companies posted better-than-expected second-quarter earnings results.</p>\n<p>Delta Air Lines shares gained in the premarket afterreporting its first quarterly profit of $652 million since 2019, boosted by federal aid. The airline also said domestic leisure demand has fully recovered and corporate travel increased in the quarter.</p>\n<p>In total, 23 S&amp;P 500 companies will post quarterly results this week and second-quarter results are supposed to show a sizable comeback from the depths of the pandemic. Profit growth is expected to total 64% year-over-year for the quarter, according to analyst estimates collected by FactSet.</p>\n<p>The S&amp;P 500 is up more than 16% this year and more than 36% in the past 12 months</p>\n<p>American Airlines shares gained roughly 3% in the premarket after thecarrier forecast better revenueand a narrower loss than its previous estimate for the second quarter. The company is set to report quarterly fiscal results on July 22.</p>\n<p>UBS raised its December 2021S&amp;P 500 target to 4,500on Tuesday, up from a prior forecast of 4,400. The call hinges on strong numbers from second-quarter earnings.</p>\n<p>\"We believe the equity bull market remains on solid footing driven by huge consumer cash balances, surging business investment, and a still-accommodative Fed,\" the firm said in a note to clients.</p>\n<p>Meanwhile, Apple shares gained in the premarket.Bloomberg reported&nbsp;Wednesday night that Apple is looking to increase new iPhone production for 2021 by 20%.&nbsp;JPMorgan also added the tech giant to its focus list. The firm raised its price target for Apple and believes the stock can gain 20% in the next 12 months.</p>\n<p>The Dow on Tuesday fell 107 points, or 0.3%, retreating from a record close near 35,000 Monday. The S&amp;P and Nasdaq Composite hit all-time intraday highs on Tuesday before giving back those gains and ultimately closing lower. The S&amp;P 500 dipped 0.35%, while the Nasdaq Composite shed 0.38%, each posting their first negative session in three.</p>\n<p>The decline came after the Labor Department said&nbsp;inflation last month advanced&nbsp;at its fastest pace in nearly 13 years. The consumer price index jumped 5.4% from a year earlier, which was above expectations of a 5% increase, according to economists surveyed by Dow Jones. However, since a significant portion of the overall increase came from a jump in used car prices, some were quick to say the inflation will likely be transitory.</p>\n<p>Amid a down day on Wall Street, the S&amp;P 500 tech sector bucked the negative trend and closed at a fresh all-time high. The 10 other S&amp;P sectors dipped, with real estate leading the losses.</p>\n<p>The hot inflation report overshadowed strong second-quarter earnings reports.JPMorganandGoldman Sachskicked off earnings season on Tuesday, with both banks beating top and bottom line estimates. PepsiCo also topped estimates.</p>\n<p>The major averages are still hovering around their all-time highs, and Wall Street strategists are optimistic about what the second half of 2021 holds as the economy continues to recover from Covid-19.</p>\n<p>\"After a 2020 we will never forget, we look ahead to the second half of 2021, and even into 2022, with optimism for the future,\" said Burt White, LPL managing director and chief investment officer. \"We believe we are early in the economic cycle and the next recession is potentially years away.\"</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>Stocks open higher as Powell says the Fed will not yet alter easy policy</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\">\nStocks open higher as Powell says the Fed will not yet alter easy policy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-14 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock indexes rose Wednesday after Federal Reserve Chairman Jerome Powell&nbsp;said in prepared remarksthat the central bank will not yet alter its easy policies.</p>\n<p>Investors also assessed a rush of second-quarter earnings results from big banks and other major companies.</p>\n<p>The Dow Jones Industrial Average added around 175 points, or 0.5%.The S&amp;P 500 traded 0.5% higher, near its record. The Nasdaq Composite added 0.65%, boosted by gains in technology shares.</p>\n<p>\"The markets have gotten very accustomed to 'low rates for longer' and Powell's comments today don't necessarily change that,\" Diane Swonk, chief economist at Grant Thorton, said. \"The reality is the Fed has to deal with whatever comes in.\"</p>\n<p>Powell will say in his required semiannual testimony before Congress on Wednesday that the central bank can wait before it starts to ease its bond purchases despite surging inflation readings, according to remarks released before his testimony. In his prepared statement, Powell said he still expects inflation to moderate.</p>\n<p>\"At our June meeting, the Committee discussed the economy's progress toward our goals since we adopted our asset purchase guidance last December. While reaching the standard of 'substantial further progress' is still a ways off, participants expect that progress will continue,\" Powell said in the prepared remarks.</p>\n<p>The central bank chief is set to speak before the House Committee on Financial Services at noon ET. He is scheduled to testify before the Senate on Thursday.</p>\n<p>The yield on the10-year Treasury fell after Powell's remarks, continuing its decline in recent months. Yields fell even as a reading on producer prices from June showed higher than expected inflation. This follows the biggest jump in the consumer price index since 2008,released on Tuesday.</p>\n<p>Second-quarter earnings reporting season continued Wednesday with several companies posting earnings before the bell.</p>\n<p>Bank of America shares fell about 2% in premarket trading afterit reportedsecond-quarter revenue of $21.6 billion, just under the $21.8 billion estimate from Refinitiv. Low interest rates knocked net interest income by 6%, the bank said.</p>\n<p>Blackrock, the largest asset manager in the world,reportedearnings and revenue that topped expectations on Wednesday morning. Shares were down more than 2% in early morning trading.</p>\n<p>Shares of Citigroup and Wells Fargo each ticked higher after both companies posted better-than-expected second-quarter earnings results.</p>\n<p>Delta Air Lines shares gained in the premarket afterreporting its first quarterly profit of $652 million since 2019, boosted by federal aid. The airline also said domestic leisure demand has fully recovered and corporate travel increased in the quarter.</p>\n<p>In total, 23 S&amp;P 500 companies will post quarterly results this week and second-quarter results are supposed to show a sizable comeback from the depths of the pandemic. Profit growth is expected to total 64% year-over-year for the quarter, according to analyst estimates collected by FactSet.</p>\n<p>The S&amp;P 500 is up more than 16% this year and more than 36% in the past 12 months</p>\n<p>American Airlines shares gained roughly 3% in the premarket after thecarrier forecast better revenueand a narrower loss than its previous estimate for the second quarter. The company is set to report quarterly fiscal results on July 22.</p>\n<p>UBS raised its December 2021S&amp;P 500 target to 4,500on Tuesday, up from a prior forecast of 4,400. The call hinges on strong numbers from second-quarter earnings.</p>\n<p>\"We believe the equity bull market remains on solid footing driven by huge consumer cash balances, surging business investment, and a still-accommodative Fed,\" the firm said in a note to clients.</p>\n<p>Meanwhile, Apple shares gained in the premarket.Bloomberg reported&nbsp;Wednesday night that Apple is looking to increase new iPhone production for 2021 by 20%.&nbsp;JPMorgan also added the tech giant to its focus list. The firm raised its price target for Apple and believes the stock can gain 20% in the next 12 months.</p>\n<p>The Dow on Tuesday fell 107 points, or 0.3%, retreating from a record close near 35,000 Monday. The S&amp;P and Nasdaq Composite hit all-time intraday highs on Tuesday before giving back those gains and ultimately closing lower. The S&amp;P 500 dipped 0.35%, while the Nasdaq Composite shed 0.38%, each posting their first negative session in three.</p>\n<p>The decline came after the Labor Department said&nbsp;inflation last month advanced&nbsp;at its fastest pace in nearly 13 years. The consumer price index jumped 5.4% from a year earlier, which was above expectations of a 5% increase, according to economists surveyed by Dow Jones. However, since a significant portion of the overall increase came from a jump in used car prices, some were quick to say the inflation will likely be transitory.</p>\n<p>Amid a down day on Wall Street, the S&amp;P 500 tech sector bucked the negative trend and closed at a fresh all-time high. The 10 other S&amp;P sectors dipped, with real estate leading the losses.</p>\n<p>The hot inflation report overshadowed strong second-quarter earnings reports.JPMorganandGoldman Sachskicked off earnings season on Tuesday, with both banks beating top and bottom line estimates. PepsiCo also topped estimates.</p>\n<p>The major averages are still hovering around their all-time highs, and Wall Street strategists are optimistic about what the second half of 2021 holds as the economy continues to recover from Covid-19.</p>\n<p>\"After a 2020 we will never forget, we look ahead to the second half of 2021, and even into 2022, with optimism for the future,\" said Burt White, LPL managing director and chief investment officer. \"We believe we are early in the economic cycle and the next recession is potentially years away.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158673076","content_text":"U.S. stock indexes rose Wednesday after Federal Reserve Chairman Jerome Powell said in prepared remarksthat the central bank will not yet alter its easy policies.\nInvestors also assessed a rush of second-quarter earnings results from big banks and other major companies.\nThe Dow Jones Industrial Average added around 175 points, or 0.5%.The S&P 500 traded 0.5% higher, near its record. The Nasdaq Composite added 0.65%, boosted by gains in technology shares.\n\"The markets have gotten very accustomed to 'low rates for longer' and Powell's comments today don't necessarily change that,\" Diane Swonk, chief economist at Grant Thorton, said. \"The reality is the Fed has to deal with whatever comes in.\"\nPowell will say in his required semiannual testimony before Congress on Wednesday that the central bank can wait before it starts to ease its bond purchases despite surging inflation readings, according to remarks released before his testimony. In his prepared statement, Powell said he still expects inflation to moderate.\n\"At our June meeting, the Committee discussed the economy's progress toward our goals since we adopted our asset purchase guidance last December. While reaching the standard of 'substantial further progress' is still a ways off, participants expect that progress will continue,\" Powell said in the prepared remarks.\nThe central bank chief is set to speak before the House Committee on Financial Services at noon ET. He is scheduled to testify before the Senate on Thursday.\nThe yield on the10-year Treasury fell after Powell's remarks, continuing its decline in recent months. Yields fell even as a reading on producer prices from June showed higher than expected inflation. This follows the biggest jump in the consumer price index since 2008,released on Tuesday.\nSecond-quarter earnings reporting season continued Wednesday with several companies posting earnings before the bell.\nBank of America shares fell about 2% in premarket trading afterit reportedsecond-quarter revenue of $21.6 billion, just under the $21.8 billion estimate from Refinitiv. Low interest rates knocked net interest income by 6%, the bank said.\nBlackrock, the largest asset manager in the world,reportedearnings and revenue that topped expectations on Wednesday morning. Shares were down more than 2% in early morning trading.\nShares of Citigroup and Wells Fargo each ticked higher after both companies posted better-than-expected second-quarter earnings results.\nDelta Air Lines shares gained in the premarket afterreporting its first quarterly profit of $652 million since 2019, boosted by federal aid. The airline also said domestic leisure demand has fully recovered and corporate travel increased in the quarter.\nIn total, 23 S&P 500 companies will post quarterly results this week and second-quarter results are supposed to show a sizable comeback from the depths of the pandemic. Profit growth is expected to total 64% year-over-year for the quarter, according to analyst estimates collected by FactSet.\nThe S&P 500 is up more than 16% this year and more than 36% in the past 12 months\nAmerican Airlines shares gained roughly 3% in the premarket after thecarrier forecast better revenueand a narrower loss than its previous estimate for the second quarter. The company is set to report quarterly fiscal results on July 22.\nUBS raised its December 2021S&P 500 target to 4,500on Tuesday, up from a prior forecast of 4,400. The call hinges on strong numbers from second-quarter earnings.\n\"We believe the equity bull market remains on solid footing driven by huge consumer cash balances, surging business investment, and a still-accommodative Fed,\" the firm said in a note to clients.\nMeanwhile, Apple shares gained in the premarket.Bloomberg reported Wednesday night that Apple is looking to increase new iPhone production for 2021 by 20%. JPMorgan also added the tech giant to its focus list. The firm raised its price target for Apple and believes the stock can gain 20% in the next 12 months.\nThe Dow on Tuesday fell 107 points, or 0.3%, retreating from a record close near 35,000 Monday. The S&P and Nasdaq Composite hit all-time intraday highs on Tuesday before giving back those gains and ultimately closing lower. The S&P 500 dipped 0.35%, while the Nasdaq Composite shed 0.38%, each posting their first negative session in three.\nThe decline came after the Labor Department said inflation last month advanced at its fastest pace in nearly 13 years. The consumer price index jumped 5.4% from a year earlier, which was above expectations of a 5% increase, according to economists surveyed by Dow Jones. However, since a significant portion of the overall increase came from a jump in used car prices, some were quick to say the inflation will likely be transitory.\nAmid a down day on Wall Street, the S&P 500 tech sector bucked the negative trend and closed at a fresh all-time high. The 10 other S&P sectors dipped, with real estate leading the losses.\nThe hot inflation report overshadowed strong second-quarter earnings reports.JPMorganandGoldman Sachskicked off earnings season on Tuesday, with both banks beating top and bottom line estimates. PepsiCo also topped estimates.\nThe major averages are still hovering around their all-time highs, and Wall Street strategists are optimistic about what the second half of 2021 holds as the economy continues to recover from Covid-19.\n\"After a 2020 we will never forget, we look ahead to the second half of 2021, and even into 2022, with optimism for the future,\" said Burt White, LPL managing director and chief investment officer. \"We believe we are early in the economic cycle and the next recession is potentially years away.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":788,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359710146,"gmtCreate":1616423459885,"gmtModify":1704793950290,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Baba is undervalued!!&nbsp;","listText":"Baba is undervalued!!&nbsp;","text":"Baba is undervalued!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/359710146","repostId":"1141741176","repostType":4,"repost":{"id":"1141741176","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1616411375,"share":"https://ttm.financial/m/news/1141741176?lang=&edition=fundamental","pubTime":"2021-03-22 19:09","market":"us","language":"en","title":"Here Are Five Stocks Top Analysts Are Heavily Bullish On, Heading Into April","url":"https://stock-news.laohu8.com/highlight/detail?id=1141741176","media":"Benzinga","summary":"Despitein flation fears as the economy reopens after a wider COVID-19 vaccination rollout, there are","content":"<p>Despitein&nbsp;flation fears&nbsp;as the economy reopens after a wider COVID-19 vaccination rollout, there are stocks that analysts are highly bullish on. Here’s a list of best-performing Wall Street analysts’ top five stocks with “Buy” ratings, as&nbsp;compiled&nbsp;by TipRanks.</p>\n<p><b>Amazon Inc</b>: Baird analyst Colin Sebastian has reiterated a “Buy” rating and has a $4,000 price target in addition to a “Fresh Pick” status on the e-commerce giant. Colin has&nbsp;support from&nbsp;30 other top analysts who have a “Buy” rating as well, as per TipRanks.</p>\n<p>Sebastian noted that investors could be missing \"one of the most compelling subscription/quasi-subscription models within the Internet and Technology sectors,” adding that&nbsp;75% of Amazon’s revenue is recurring even as it keeps adding new subscribers effectively.</p>\n<p>Baird sees Amazon as \"significantly undervalued\" and can see it headed to $5,000 per share in the medium-term.</p>\n<p>With a 75% success rate and 34.8% average return per rating, Sebastian is ranked 28 out of over 7,000 analysts tracked by TipRanks.</p>\n<p><b>Microsoft Corp</b>: Wedbush analyst Daniel Ives maintained a “Buy” rating and a $300 price target on the stock as he sees cloud growth momentum building up for the company. The rest of the Wall Street analysts are bullish as well with a total of 23 “Buy” ratings on the stock.</p>\n<p>Ives estimates that cloud wars between Amazon and Microsoft to capture market share are going to intensify and global cloud spending could reach nearly $1 trillion over the next decade.</p>\n<p>The veteran analyst has&nbsp;predicted a shift in tide&nbsp;in the cloud space, with Microsoft standing to benefit.</p>\n<p><b>Alphatec Holdings</b>: Medical technology company focused on spinal surgeries has six “Buy” ratings from top analysts and a $19.7 average stock price forecast.&nbsp;H.C. Wainwright analyst Sean Lee, who claims a 75% success rate and 69.2% average return per rating, has maintained a “Buy” rating on the stock and raised the price target to $19 from $16.</p>\n<p>Lee’s rating comes after the company’s fourth-quarter revenue registered a 36% year-over-year surge despite the ongoing COVID-19 headwinds. The analyst expects EOS imaging to be a key growth driver for the company, contributing about $127 million in additional revenues by 2025.</p>\n<p>Alphatec's recently-launched procedure for lateral surgeries that significantly shortens the surgery times could also be a major growth driver this year.</p>\n<p><b>Addus Homecare Corp</b>: Brokerage RBC Capital analyst Frank Morgan, who has a 5-star rating on the stock, has reiterated a \"Buy\" rating and a price target of $136.</p>\n<p>The Texas-based home and healthcare company recently unveiled a new value plan to support closer coordination of care for patients as they are discharged from acute care hospitals into their homes or into post-acute facilities.</p>\n<p>Morgan believes the plan “positions Addus for a larger role in post-acute coordination with potential for longer-term shared savings.” The analyst is also encouraged by the recently passed COVID federal relief aid as “it provides a 10% boost to the Federal Medical Assistance Percentage meant to bolster personal care services amid the pandemic.”</p>\n<p>This increase gives a larger match than Morgan originally expected, with earlier versions of the bill mentioning a 7.35% rise.</p>\n<p><b>Amyris Inc</b>: H.C. Wainwright analyst Amit Dayal is bullish on the stock and has significantly roasted its price target to $35 from $11 and reiterated the “Buy” rating as well.</p>\n<p>Dayal, who has a 77% average per rating, along with three top analysts, has a similar view on the stock in the last two months. The average analyst price target comes in at $25.50.</p>\n<p>Dayal sees improving business fundamentals that support the company’s annual revenue growth outlook expectations of between 30% and 50% over the next few years. Also, its debt is set to land below $100 million by the end of the third quarter this year from $297 million at the beginning of 2020.</p>\n<p>The brokerage says the company currently has 18 ingredients currently in development that could position the company to have more than 30 commercialized ingredients by the end of 2025. In addition, it has four new brand launches in 2021, is expanding its retail presence, and could benefit from acquisitions and distribution agreements in international markets including China and Brazil.</p>\n<p>Based on all of the above, the analyst argues that revenues will grow at a nine-year CAGR from 2021 to 2030 of 28.8%, versus the previous 20.4% estimate.</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>Here Are Five Stocks Top Analysts Are Heavily Bullish On, Heading Into April</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\">\nHere Are Five Stocks Top Analysts Are Heavily Bullish On, Heading Into April\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-22 19:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Despitein&nbsp;flation fears&nbsp;as the economy reopens after a wider COVID-19 vaccination rollout, there are stocks that analysts are highly bullish on. Here’s a list of best-performing Wall Street analysts’ top five stocks with “Buy” ratings, as&nbsp;compiled&nbsp;by TipRanks.</p>\n<p><b>Amazon Inc</b>: Baird analyst Colin Sebastian has reiterated a “Buy” rating and has a $4,000 price target in addition to a “Fresh Pick” status on the e-commerce giant. Colin has&nbsp;support from&nbsp;30 other top analysts who have a “Buy” rating as well, as per TipRanks.</p>\n<p>Sebastian noted that investors could be missing \"one of the most compelling subscription/quasi-subscription models within the Internet and Technology sectors,” adding that&nbsp;75% of Amazon’s revenue is recurring even as it keeps adding new subscribers effectively.</p>\n<p>Baird sees Amazon as \"significantly undervalued\" and can see it headed to $5,000 per share in the medium-term.</p>\n<p>With a 75% success rate and 34.8% average return per rating, Sebastian is ranked 28 out of over 7,000 analysts tracked by TipRanks.</p>\n<p><b>Microsoft Corp</b>: Wedbush analyst Daniel Ives maintained a “Buy” rating and a $300 price target on the stock as he sees cloud growth momentum building up for the company. The rest of the Wall Street analysts are bullish as well with a total of 23 “Buy” ratings on the stock.</p>\n<p>Ives estimates that cloud wars between Amazon and Microsoft to capture market share are going to intensify and global cloud spending could reach nearly $1 trillion over the next decade.</p>\n<p>The veteran analyst has&nbsp;predicted a shift in tide&nbsp;in the cloud space, with Microsoft standing to benefit.</p>\n<p><b>Alphatec Holdings</b>: Medical technology company focused on spinal surgeries has six “Buy” ratings from top analysts and a $19.7 average stock price forecast.&nbsp;H.C. Wainwright analyst Sean Lee, who claims a 75% success rate and 69.2% average return per rating, has maintained a “Buy” rating on the stock and raised the price target to $19 from $16.</p>\n<p>Lee’s rating comes after the company’s fourth-quarter revenue registered a 36% year-over-year surge despite the ongoing COVID-19 headwinds. The analyst expects EOS imaging to be a key growth driver for the company, contributing about $127 million in additional revenues by 2025.</p>\n<p>Alphatec's recently-launched procedure for lateral surgeries that significantly shortens the surgery times could also be a major growth driver this year.</p>\n<p><b>Addus Homecare Corp</b>: Brokerage RBC Capital analyst Frank Morgan, who has a 5-star rating on the stock, has reiterated a \"Buy\" rating and a price target of $136.</p>\n<p>The Texas-based home and healthcare company recently unveiled a new value plan to support closer coordination of care for patients as they are discharged from acute care hospitals into their homes or into post-acute facilities.</p>\n<p>Morgan believes the plan “positions Addus for a larger role in post-acute coordination with potential for longer-term shared savings.” The analyst is also encouraged by the recently passed COVID federal relief aid as “it provides a 10% boost to the Federal Medical Assistance Percentage meant to bolster personal care services amid the pandemic.”</p>\n<p>This increase gives a larger match than Morgan originally expected, with earlier versions of the bill mentioning a 7.35% rise.</p>\n<p><b>Amyris Inc</b>: H.C. Wainwright analyst Amit Dayal is bullish on the stock and has significantly roasted its price target to $35 from $11 and reiterated the “Buy” rating as well.</p>\n<p>Dayal, who has a 77% average per rating, along with three top analysts, has a similar view on the stock in the last two months. The average analyst price target comes in at $25.50.</p>\n<p>Dayal sees improving business fundamentals that support the company’s annual revenue growth outlook expectations of between 30% and 50% over the next few years. Also, its debt is set to land below $100 million by the end of the third quarter this year from $297 million at the beginning of 2020.</p>\n<p>The brokerage says the company currently has 18 ingredients currently in development that could position the company to have more than 30 commercialized ingredients by the end of 2025. In addition, it has four new brand launches in 2021, is expanding its retail presence, and could benefit from acquisitions and distribution agreements in international markets including China and Brazil.</p>\n<p>Based on all of the above, the analyst argues that revenues will grow at a nine-year CAGR from 2021 to 2030 of 28.8%, versus the previous 20.4% estimate.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADUS":"爱德斯","ATEC":"阿尔法泰克","AMRS":"阿米瑞斯","MSFT":"微软","AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141741176","content_text":"Despitein flation fears as the economy reopens after a wider COVID-19 vaccination rollout, there are stocks that analysts are highly bullish on. Here’s a list of best-performing Wall Street analysts’ top five stocks with “Buy” ratings, as compiled by TipRanks.\nAmazon Inc: Baird analyst Colin Sebastian has reiterated a “Buy” rating and has a $4,000 price target in addition to a “Fresh Pick” status on the e-commerce giant. Colin has support from 30 other top analysts who have a “Buy” rating as well, as per TipRanks.\nSebastian noted that investors could be missing \"one of the most compelling subscription/quasi-subscription models within the Internet and Technology sectors,” adding that 75% of Amazon’s revenue is recurring even as it keeps adding new subscribers effectively.\nBaird sees Amazon as \"significantly undervalued\" and can see it headed to $5,000 per share in the medium-term.\nWith a 75% success rate and 34.8% average return per rating, Sebastian is ranked 28 out of over 7,000 analysts tracked by TipRanks.\nMicrosoft Corp: Wedbush analyst Daniel Ives maintained a “Buy” rating and a $300 price target on the stock as he sees cloud growth momentum building up for the company. The rest of the Wall Street analysts are bullish as well with a total of 23 “Buy” ratings on the stock.\nIves estimates that cloud wars between Amazon and Microsoft to capture market share are going to intensify and global cloud spending could reach nearly $1 trillion over the next decade.\nThe veteran analyst has predicted a shift in tide in the cloud space, with Microsoft standing to benefit.\nAlphatec Holdings: Medical technology company focused on spinal surgeries has six “Buy” ratings from top analysts and a $19.7 average stock price forecast. H.C. Wainwright analyst Sean Lee, who claims a 75% success rate and 69.2% average return per rating, has maintained a “Buy” rating on the stock and raised the price target to $19 from $16.\nLee’s rating comes after the company’s fourth-quarter revenue registered a 36% year-over-year surge despite the ongoing COVID-19 headwinds. The analyst expects EOS imaging to be a key growth driver for the company, contributing about $127 million in additional revenues by 2025.\nAlphatec's recently-launched procedure for lateral surgeries that significantly shortens the surgery times could also be a major growth driver this year.\nAddus Homecare Corp: Brokerage RBC Capital analyst Frank Morgan, who has a 5-star rating on the stock, has reiterated a \"Buy\" rating and a price target of $136.\nThe Texas-based home and healthcare company recently unveiled a new value plan to support closer coordination of care for patients as they are discharged from acute care hospitals into their homes or into post-acute facilities.\nMorgan believes the plan “positions Addus for a larger role in post-acute coordination with potential for longer-term shared savings.” The analyst is also encouraged by the recently passed COVID federal relief aid as “it provides a 10% boost to the Federal Medical Assistance Percentage meant to bolster personal care services amid the pandemic.”\nThis increase gives a larger match than Morgan originally expected, with earlier versions of the bill mentioning a 7.35% rise.\nAmyris Inc: H.C. Wainwright analyst Amit Dayal is bullish on the stock and has significantly roasted its price target to $35 from $11 and reiterated the “Buy” rating as well.\nDayal, who has a 77% average per rating, along with three top analysts, has a similar view on the stock in the last two months. The average analyst price target comes in at $25.50.\nDayal sees improving business fundamentals that support the company’s annual revenue growth outlook expectations of between 30% and 50% over the next few years. Also, its debt is set to land below $100 million by the end of the third quarter this year from $297 million at the beginning of 2020.\nThe brokerage says the company currently has 18 ingredients currently in development that could position the company to have more than 30 commercialized ingredients by the end of 2025. In addition, it has four new brand launches in 2021, is expanding its retail presence, and could benefit from acquisitions and distribution agreements in international markets including China and Brazil.\nBased on all of the above, the analyst argues that revenues will grow at a nine-year CAGR from 2021 to 2030 of 28.8%, versus the previous 20.4% estimate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321872795,"gmtCreate":1615425427117,"gmtModify":1704782584296,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"1.8 would be good&nbsp;","listText":"1.8 would be good&nbsp;","text":"1.8 would be good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/321872795","repostId":"1189640767","repostType":4,"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":104280441,"gmtCreate":1620393689983,"gmtModify":1704343027392,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Must have in your portfolio. Pls don't go up so fast. You're too expensive&nbsp;","listText":"Must have in your portfolio. Pls don't go up so fast. You're too expensive&nbsp;","text":"Must have in your portfolio. Pls don't go up so fast. You're too expensive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104280441","repostId":"1157328258","repostType":4,"repost":{"id":"1157328258","kind":"news","pubTimestamp":1620360165,"share":"https://ttm.financial/m/news/1157328258?lang=&edition=fundamental","pubTime":"2021-05-07 12:02","market":"us","language":"en","title":"Amazon: The Most Clearly Undervalued Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1157328258","media":"Seeking alpha","summary":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entere","content":"<p>Summary</p><ul><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.</li><li>In terms of comparative valuation, AMZN is undervalued against the market.</li><li>DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.</li></ul><p>I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.</p><p>#1 Price vs. Growth</p><p>First of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.</p><p>The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:</p><p><img src=\"https://static.tigerbbs.com/bac49a9df0e5b978dc15e20bedfce3da\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Third-Party Seller Services' segment - the exponential growth continues:</p><p><img src=\"https://static.tigerbbs.com/6b58df42726bc01c8a5e5c2940d0476d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:</p><p><i>Source: VisualizedAnalytics.com</i></p><p>The 'Other' (advertising services) segment has also showed a significant acceleration:<img src=\"https://static.tigerbbs.com/a58095394bdd79d561166a74942a9e55\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>The growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:</p><p><img src=\"https://static.tigerbbs.com/07069ccaab37c32eed56da69881e7bce\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p>Geographically, Amazon's revenue was also significantly better than the trend:</p><p><img src=\"https://static.tigerbbs.com/a1d9246e5c01aac6c62e49ad7cd73e2c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/0e7276161a3d2b2159ab3d727d3cb7d9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><i>So, statistically, not subjectively, we should recognize the acceleration of the company's growth</i><i><b>in all key segments</b></i><i>. In my opinion, this is exactly what is expected from Amazon.</i></p><p>Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:</p><p><img src=\"https://static.tigerbbs.com/f105c314902d29dae4d0f0e400aa2245\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>There is also a certain influence of the company's revenue growth rate on its multiples:</p><p><img src=\"https://static.tigerbbs.com/8beca01b5624a15aab79465c580ded6b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p>Based on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:</p><p><img src=\"https://static.tigerbbs.com/083fa1dc350e5e54cc7d3145744c9e4c\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/d63f0cff5e0dd83343d26ee90552a033\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p><i>Source: VisualizedAnalytics.com</i></p><p><i>As you can see, firstly, this model indicates that the company's current price is already</i><i><b>below the balanced level</b></i><i>. And secondly, it assumes a</i><i><b>25% growth</b></i><i>in capitalization in the next four quarters.</i></p><p>#2 Comparative Valuation</p><p>In the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:</p><p><img src=\"https://static.tigerbbs.com/97ac0310bcef622e12c8c21d46979f7e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8d7573ff8a7fc00719a51042f09fc989\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><i>Source: VisualizedAnalytics.com</i></p><p><i>As you can see, judging by this multiple, Amazon is significantly undervalued.</i></p><p>#3 Discounted Cash Flow Model</p><p>When predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:</p><p><img src=\"https://static.tigerbbs.com/9f41298db73dbcd92469026cc4e767c4\" tg-width=\"640\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><i>Source: Seeking Alpha Pro</i></p><p>When predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.</p><p>Here is the calculation of the Weighted Average Cost of Capital:</p><p><img src=\"https://static.tigerbbs.com/759163398701e54efd7cfabd11a0867d\" tg-width=\"480\" tg-height=\"374\" referrerpolicy=\"no-referrer\"><i>Source: Author</i></p><p>Some explanations:</p><ul><li>In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).</li><li>I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.</li><li>To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.</li></ul><p>Here is the model itself:</p><p><img src=\"https://static.tigerbbs.com/0df02bca01b3ef74d3b640d95eb00590\" tg-width=\"640\" tg-height=\"528\" referrerpolicy=\"no-referrer\">(In high resolution)</p><p><i>Source: Author</i></p><p><i>The DCF-based target price of Amazon's shares is $4,280, offering 29% upside.</i></p><p>Final thoughts</p><ol><li>Amazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.</li><li>The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company is<b>undervalued</b>.</li><li>Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company is<b>much cheaper</b>than the market.</li><li>DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.</li><li>When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,<i>it is better to invest in a company facing growth problems than aging problems</i>.</li></ol>","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>Amazon: The Most Clearly Undervalued Company</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\">\nAmazon: The Most Clearly Undervalued Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-07 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company><strong>Seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-...</p>\n\n<a href=\"https://seekingalpha.com/article/4424794-amazon-clearly-undervalued-company\">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/4424794-amazon-clearly-undervalued-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157328258","content_text":"SummaryAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase.In terms of comparative valuation, AMZN is undervalued against the market.DCF-based Amazon stock price target suggests 30% upside potential. But I think this is not even a basic scenario, but a pessimistic scenario.I present my comprehensive Amazon (AMZN) analysis in light of the results of the last quarter.#1 Price vs. GrowthFirst of all, let's assess whether we can statistically state that Amazon's growth has accelerated or slowed down in the last quarter. To do this, let's compare the revenue growth trends of the key segments of the company with and without the results of the last four quarters.The dynamics of the 'Online Stores' segment showed a qualitative breakthrough. Without taking into account the last four quarters, a near-linear trend was observed here. Now, it has become exponential:Source: VisualizedAnalytics.comThe 'Third-Party Seller Services' segment - the exponential growth continues:Source: VisualizedAnalytics.comThe 'Subscription Services' (Amazon Prime) segment - here the acceleration remains, and the result of the last quarter was better than the trend:Source: VisualizedAnalytics.comThe 'Other' (advertising services) segment has also showed a significant acceleration:Source: VisualizedAnalytics.comThe growth trend of 'Amazon Web Services' has slowed down, but judging by the results of the last quarter, there is a gradual return to the previous trend:Source: VisualizedAnalytics.comGeographically, Amazon's revenue was also significantly better than the trend:Source: VisualizedAnalytics.comSo, statistically, not subjectively, we should recognize the acceleration of the company's growthin all key segments. In my opinion, this is exactly what is expected from Amazon.Further. Over the last 10 years, Amazon's capitalization has been in a qualitative linear relationship with its revenue:Source: VisualizedAnalytics.comThere is also a certain influence of the company's revenue growth rate on its multiples:Source: VisualizedAnalytics.comBased on these two relationships and taking into account the influence of the growth of theM2 money stockin the US, it is possible to build another model that allows us to determine the balanced level of the company's capitalization. In addition, this model allows to model the growth of the company's capitalization based on the current expectations of analysts regarding the company's revenue growth in the next four quarters. Here is this model:Source: VisualizedAnalytics.comAs you can see, firstly, this model indicates that the company's current price is alreadybelow the balanced level. And secondly, it assumes a25% growthin capitalization in the next four quarters.#2 Comparative ValuationIn the previous block, I modeled Amazon's balanced price based on revenue. What is remarkable is that if we apply the same approach to the comparative valuation of the company using multiples, we will fail. At least I have not been able to find a single revenue-based multiple that would make it possible to successfully compare Amazon to other companies. But the forward P/E (next FY) multiple adjusted by the expected EPS annual growth rate made it possible to find a suitable model:Source: VisualizedAnalytics.comAs you can see, judging by this multiple, Amazon is significantly undervalued.#3 Discounted Cash Flow ModelWhen predicting Amazon's revenue for the next decade, I proceeded from the average expectations ofanalysts:Source: Seeking Alpha ProWhen predicting the dynamics of Amazon's operating margin, I also proceeded from analysts'expectationsregarding the growth of the company's EPS, and taking into account the gradual increase in the tax rate to 25%. In my opinion, a gradual increase in the operating margin to 8% in the terminal year is a very realistic scenario.Here is the calculation of the Weighted Average Cost of Capital:Source: AuthorSome explanations:In order to calculate the market rate of return, I used values of equityriskpremium (4.72%) and the current yield of UST10 as a risk-free rate (1.6%).I used the currentvalueof the three-year beta coefficient (0.92). For the terminal year, I used Beta equal to 1.To calculate the Cost of Debt, I used the interest expense for 2019 and 2020 divided by the debt value for the same years.Here is the model itself:(In high resolution)Source: AuthorThe DCF-based target price of Amazon's shares is $4,280, offering 29% upside.Final thoughtsAmazon is one of the companies whose growth has not yet reached its limit and not even entered the plateau phase. In a sense, this is a startup with $73 billion cash.The fact that Amazon remains in the acceleration phase does not mean that its capitalization is constantly undervalued. But in this case, based on the patterns between the company's capitalization and the parameters of its revenue, we can conclude that the company isundervalued.Comparing Amazon to other companies through the prism of expected EPS growth, it must be admitted that the company ismuch cheaperthan the market.DCF model based on average expectations analysts indicate a 30% undervaluation. At the start of the year, a similarmodelindicated a 20% undervaluation.When you look at Amazon's revenue forecast for the next decade, you realize that the company will face growth problems. But in my opinion,it is better to invest in a company facing growth problems than aging problems.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372197842,"gmtCreate":1619184810586,"gmtModify":1704720931961,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Super undervalued. Buy now!!&nbsp;","listText":"Super undervalued. Buy now!!&nbsp;","text":"Super undervalued. Buy now!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/372197842","repostId":"1170805005","repostType":2,"repost":{"id":"1170805005","kind":"news","pubTimestamp":1619181499,"share":"https://ttm.financial/m/news/1170805005?lang=&edition=fundamental","pubTime":"2021-04-23 20:38","market":"us","language":"en","title":"Alibaba: The End Hasn't Come","url":"https://stock-news.laohu8.com/highlight/detail?id=1170805005","media":"seekingalpha","summary":"Alibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.None of them seems to be too material, though, and the fear that has gripped the market has resulted in a quite inexpensive valuation.Alibaba is a high-growth mega-corp that trades like a low-growth company. This provides considerable upside potential in the long run.Alibabahas widely underperformed the broad market and most of its tech peers over the last six months, mainly due t","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.</li>\n <li>None of them seems to be too material, though, and the fear that has gripped the market has resulted in a quite inexpensive valuation.</li>\n <li>Alibaba is a high-growth mega-corp that trades like a low-growth company. This provides considerable upside potential in the long run.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e9e22edb23ea75da683065efacc8a826\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Andrew Burton/Getty Images News via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Alibaba(NYSE:BABA)has widely underperformed the broad market and most of its tech peers over the last six months, mainly due to worries about regulatory pressures, anti-trust legalization, etc. Most of those issues have been resolved now, and it looks like Alibaba's value wasn't really damaged to a large degree. Alibaba remains a leading tech &amp; consumer play in high-growth China that continues to trade at a clear discount compared to most US-based tech peers. There are risks, but Alibaba seems attractive at current prices.</p>\n<p><b>Hundreds Of Billions Destroyed</b></p>\n<p>Looking at Alibaba's market capitalization over the last year, there is a very clear decline in how the market values the company over time:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8b2945ae7abd07b0f49f495052b1d48c\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>From a peak in fall 2020, Alibaba's market cap has declined by 25% or a little more than $200 billion to date. The reasoning for that is not based on any type of fundamental slow-down, revenue decline, or similar, showcased by Alibaba's excellent results during the most recent quarters:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eeea73c74f3890fadff9c321d70fdd47\" tg-width=\"1280\" tg-height=\"960\"><span>Source: Investor presentation</span></p>\n<p>Not only has Alibaba continued to deliver revenue growth of well above 30% since then, but the company also continued to make progress in attractive high-growth spaces such as cloud computing. Alibaba's cloud unit broke even for the first time since inception as its scale is increasing, which bodes well for the future bottom-line contribution of this unit. Last but not least, Alibaba's free cash flow generation remained strong, and its margins remained attractive.</p>\n<p>Thus the big drop in the value the market ascribes to Alibaba's shares must have been caused by something else, which is market sentiment and psychology. Some negative news around Ant Financial's postponed IPO made the market fear looming regulatory pressures on Alibaba. This was exacerbated by anti-trust and anti-monopoly investigations. These were, of course, negatives, but not to the extent that the market priced them in.</p>\n<p>Looking at Alibaba's market capitalization, which declined by more than $200 billion over the last six months, one could assume that regulators would look to impose a fine of dozens or even hundreds of billions of dollars on Alibaba. That was, however, not the outcome of the investigations.</p>\n<p><b>Things Are Clearing Up For Alibaba</b></p>\n<p>Instead, Chinese regulators gave a slap on the wrist, seeking a$2.75 billion finefrom Alibaba. That sounds like a lot, but it really isn't all that much when we consider Alibaba's immense size:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9777ed30a0bc29e8fdcd0373fe98e366\" tg-width=\"640\" tg-height=\"160\"><span>Source: Alibaba filing</span></p>\n<p>Alibaba generated cash of $15.8 billion through its operations during the most recent quarter, or a little over $5 billion a month. The fine that was imposed on the company thus is equal to about two weeks' worth of cash flows. Is that a positive? No, it's a negative. Is it a large negative? In fact, it seems barely noticeable compared to Alibaba's size. We can also look at how this fine compares to Alibaba's cash holding of more than $50 billion, and, once again, we are talking about a very minor fine relative to how the company is doing. What could be a company-breaking fine for any mid-sized business will barely leave a dent in Alibaba's cash holding, and with this issue being resolved now, it is no wonder that&nbsp;shares have jumped&nbsp;following the ruling.</p>\n<p>The other theme that had pressured Alibaba's shares, Ant Financial's regulatory issues, has more or less been resolved as well. Ant Financial will be&nbsp;turned into a financial holding company, there will be some additional oversight, and there were some forced divestments. But this didn't break Ant Financial at all, and it seems questionable whether the hit to Alibaba's value was really all that material, as Alibaba is only a minority holder in Ant Financial anyways.</p>\n<p>Again, these developments that occurred over the last six months aren't positives, but they are not extremely large negatives. A $200+ billion drop in Alibaba's market capitalization seemed way overblown. The good thing about market overreactions, however, is that one can use them to get attractive entry prices (in case markets are overreacting to the downside) or attractive exit prices (in cases where markets are too exuberant).</p>\n<p>In Alibaba's case, the best time to load up on shares was when they traded for around $220 several times over the last six months. They have risen to a somewhat higher level since then, partially due to the market's realization that the $2.75 billion fine wasn't all that material, but Alibaba's shares are still looking quite inexpensive even now.</p>\n<p><b>Alibaba Is An Outstanding Value Among Tech Mega-Caps</b></p>\n<p>Looking at the largest companies in the world, by market capitalization, we see that most of them are tech companies, or at least tech-leaning, such as Tesla (TSLA). Alibaba stands out among those due to a quite low valuation:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35e905980ec6f35fdbb0069b2386e4dd\" tg-width=\"635\" tg-height=\"521\"><span>Data by YCharts</span></p>\n<p>While others trade at 30-40 times net earnings mostly, with Amazon (AMZN) and especially Tesla trading at even higher valuations, Alibaba is valued at a very inexpensive 21 times forward earnings. This also represents a discount compared to broad US equity markets, which are trading for around 25 times forward earnings right now - at least partially due to the heavy weight of companies such as Apple (AAPL), Amazon, and Tesla.</p>\n<p>One may be inclined to conclude that Alibaba is trading at the lowest valuation among those companies due to a below-average growth outlook or below-average fundamentals, but that isn't true.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/059736c2aa39c317943026b469331d00\" tg-width=\"635\" tg-height=\"504\"><span>Data by YCharts</span></p>\n<p>While the other mega-caps have grown by 5%-40% in 2020, with an average of around 20%, Alibaba has delivered revenue growth of 35%-50% in each&nbsp;quarter of the current fiscal year. Clearly, Alibaba is growing faster than the average mega-cap, and most analysts expect that this will not change any time soon.</p>\n<p>Thanks to exposure to the high-growth, online-focused consumer market in its home country China, combined with excellent growth in additional franchises such as its cloud computing unit, Alibaba should be able to deliver compelling growth for the foreseeable future. Alibaba is an excellent play for the ongoing expansion of the Chinese economy, which just delivered&nbsp;record growth&nbsp;on a year-over-year basis.</p>\n<p>With a clean balance sheet thanks to a $50+ billion cash position, strong free cash flows, and attractive margins, Alibaba also seems like a very appropriate choice from a quality perspective. To me, the company doesn't look inferior to the major US tech companies on that basis.</p>\n<p><b>Risks To Consider</b></p>\n<p>There are, of course, still risks that one should consider before investing. It is possible that regulators demand more change from Alibaba, or impose additional fines, although that seems relatively unlikely for now as the current anti-monopoly investigation has just been concluded. Nevertheless, Alibaba is of course dependent to some degree on the goodwill of Chinese regulators and politicians.</p>\n<p>On top of that, due to a consumer-focused business model, Alibaba would seem quite vulnerable to any external shock that hits Chinese consumers hard. Since the country has weathered the current pandemic quite well and continues to deliver above-average economic growth rates, I don't think this is a likely scenario in the foreseeable future, though.</p>\n<p>I don't see Alibaba as an especially risky investment at all, but these factors should still be considered before making an investment, as should other potential risks that could affect the company. One should mention, however, that the top US companies are also, at least to some extent, dependent on regulatory goodwill and could see an impact from an economic downturn, thus Alibaba is not necessarily a much riskier choice than Facebook, for example.</p>\n<p><b>Takeaway</b></p>\n<p>Alibaba is a high-growth player with a strong market position in a country that continues to deliver above-average economic growth. Alibaba has strong fundamentals, and yet it trades at a quite inexpensive valuation, both on an absolute basis as well as compared to how other mega-caps are valued.</p>\n<p>Alibaba isn't a risk-less stock, but the risks seem quite bearable to me. At just 17 times 2022's net earnings, Alibaba looks attractive to me. Since the Ant Financial and anti-monopoly issues have cleared up, I believe that Alibaba's shares could rise considerably from the current level, as sentiment hopefully improves. It would be great to see management encourage such an upward move by being more aggressive with share repurchases, but there is no guarantee for that.</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>Alibaba: The End Hasn't Come</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: The End Hasn't Come\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-23 20:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4420852-alibaba-the-end-hasnt-come><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.\nNone of them seems to be too material, though, and the fear that has ...</p>\n\n<a href=\"https://seekingalpha.com/article/4420852-alibaba-the-end-hasnt-come\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4420852-alibaba-the-end-hasnt-come","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1170805005","content_text":"Summary\n\nAlibaba's shares are down a lot from last year's highs, as a reaction to the market worrying about a range of issues.\nNone of them seems to be too material, though, and the fear that has gripped the market has resulted in a quite inexpensive valuation.\nAlibaba is a high-growth mega-corp that trades like a low-growth company. This provides considerable upside potential in the long run.\n\nPhoto by Andrew Burton/Getty Images News via Getty Images\nArticle Thesis\nAlibaba(NYSE:BABA)has widely underperformed the broad market and most of its tech peers over the last six months, mainly due to worries about regulatory pressures, anti-trust legalization, etc. Most of those issues have been resolved now, and it looks like Alibaba's value wasn't really damaged to a large degree. Alibaba remains a leading tech & consumer play in high-growth China that continues to trade at a clear discount compared to most US-based tech peers. There are risks, but Alibaba seems attractive at current prices.\nHundreds Of Billions Destroyed\nLooking at Alibaba's market capitalization over the last year, there is a very clear decline in how the market values the company over time:\nData by YCharts\nFrom a peak in fall 2020, Alibaba's market cap has declined by 25% or a little more than $200 billion to date. The reasoning for that is not based on any type of fundamental slow-down, revenue decline, or similar, showcased by Alibaba's excellent results during the most recent quarters:\nSource: Investor presentation\nNot only has Alibaba continued to deliver revenue growth of well above 30% since then, but the company also continued to make progress in attractive high-growth spaces such as cloud computing. Alibaba's cloud unit broke even for the first time since inception as its scale is increasing, which bodes well for the future bottom-line contribution of this unit. Last but not least, Alibaba's free cash flow generation remained strong, and its margins remained attractive.\nThus the big drop in the value the market ascribes to Alibaba's shares must have been caused by something else, which is market sentiment and psychology. Some negative news around Ant Financial's postponed IPO made the market fear looming regulatory pressures on Alibaba. This was exacerbated by anti-trust and anti-monopoly investigations. These were, of course, negatives, but not to the extent that the market priced them in.\nLooking at Alibaba's market capitalization, which declined by more than $200 billion over the last six months, one could assume that regulators would look to impose a fine of dozens or even hundreds of billions of dollars on Alibaba. That was, however, not the outcome of the investigations.\nThings Are Clearing Up For Alibaba\nInstead, Chinese regulators gave a slap on the wrist, seeking a$2.75 billion finefrom Alibaba. That sounds like a lot, but it really isn't all that much when we consider Alibaba's immense size:\nSource: Alibaba filing\nAlibaba generated cash of $15.8 billion through its operations during the most recent quarter, or a little over $5 billion a month. The fine that was imposed on the company thus is equal to about two weeks' worth of cash flows. Is that a positive? No, it's a negative. Is it a large negative? In fact, it seems barely noticeable compared to Alibaba's size. We can also look at how this fine compares to Alibaba's cash holding of more than $50 billion, and, once again, we are talking about a very minor fine relative to how the company is doing. What could be a company-breaking fine for any mid-sized business will barely leave a dent in Alibaba's cash holding, and with this issue being resolved now, it is no wonder that shares have jumped following the ruling.\nThe other theme that had pressured Alibaba's shares, Ant Financial's regulatory issues, has more or less been resolved as well. Ant Financial will be turned into a financial holding company, there will be some additional oversight, and there were some forced divestments. But this didn't break Ant Financial at all, and it seems questionable whether the hit to Alibaba's value was really all that material, as Alibaba is only a minority holder in Ant Financial anyways.\nAgain, these developments that occurred over the last six months aren't positives, but they are not extremely large negatives. A $200+ billion drop in Alibaba's market capitalization seemed way overblown. The good thing about market overreactions, however, is that one can use them to get attractive entry prices (in case markets are overreacting to the downside) or attractive exit prices (in cases where markets are too exuberant).\nIn Alibaba's case, the best time to load up on shares was when they traded for around $220 several times over the last six months. They have risen to a somewhat higher level since then, partially due to the market's realization that the $2.75 billion fine wasn't all that material, but Alibaba's shares are still looking quite inexpensive even now.\nAlibaba Is An Outstanding Value Among Tech Mega-Caps\nLooking at the largest companies in the world, by market capitalization, we see that most of them are tech companies, or at least tech-leaning, such as Tesla (TSLA). Alibaba stands out among those due to a quite low valuation:\nData by YCharts\nWhile others trade at 30-40 times net earnings mostly, with Amazon (AMZN) and especially Tesla trading at even higher valuations, Alibaba is valued at a very inexpensive 21 times forward earnings. This also represents a discount compared to broad US equity markets, which are trading for around 25 times forward earnings right now - at least partially due to the heavy weight of companies such as Apple (AAPL), Amazon, and Tesla.\nOne may be inclined to conclude that Alibaba is trading at the lowest valuation among those companies due to a below-average growth outlook or below-average fundamentals, but that isn't true.\nData by YCharts\nWhile the other mega-caps have grown by 5%-40% in 2020, with an average of around 20%, Alibaba has delivered revenue growth of 35%-50% in each quarter of the current fiscal year. Clearly, Alibaba is growing faster than the average mega-cap, and most analysts expect that this will not change any time soon.\nThanks to exposure to the high-growth, online-focused consumer market in its home country China, combined with excellent growth in additional franchises such as its cloud computing unit, Alibaba should be able to deliver compelling growth for the foreseeable future. Alibaba is an excellent play for the ongoing expansion of the Chinese economy, which just delivered record growth on a year-over-year basis.\nWith a clean balance sheet thanks to a $50+ billion cash position, strong free cash flows, and attractive margins, Alibaba also seems like a very appropriate choice from a quality perspective. To me, the company doesn't look inferior to the major US tech companies on that basis.\nRisks To Consider\nThere are, of course, still risks that one should consider before investing. It is possible that regulators demand more change from Alibaba, or impose additional fines, although that seems relatively unlikely for now as the current anti-monopoly investigation has just been concluded. Nevertheless, Alibaba is of course dependent to some degree on the goodwill of Chinese regulators and politicians.\nOn top of that, due to a consumer-focused business model, Alibaba would seem quite vulnerable to any external shock that hits Chinese consumers hard. Since the country has weathered the current pandemic quite well and continues to deliver above-average economic growth rates, I don't think this is a likely scenario in the foreseeable future, though.\nI don't see Alibaba as an especially risky investment at all, but these factors should still be considered before making an investment, as should other potential risks that could affect the company. One should mention, however, that the top US companies are also, at least to some extent, dependent on regulatory goodwill and could see an impact from an economic downturn, thus Alibaba is not necessarily a much riskier choice than Facebook, for example.\nTakeaway\nAlibaba is a high-growth player with a strong market position in a country that continues to deliver above-average economic growth. Alibaba has strong fundamentals, and yet it trades at a quite inexpensive valuation, both on an absolute basis as well as compared to how other mega-caps are valued.\nAlibaba isn't a risk-less stock, but the risks seem quite bearable to me. At just 17 times 2022's net earnings, Alibaba looks attractive to me. Since the Ant Financial and anti-monopoly issues have cleared up, I believe that Alibaba's shares could rise considerably from the current level, as sentiment hopefully improves. It would be great to see management encourage such an upward move by being more aggressive with share repurchases, but there is no guarantee for that.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106459399,"gmtCreate":1620140971311,"gmtModify":1704339258008,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"2 more days of correction pls!&nbsp;","listText":"2 more days of correction pls!&nbsp;","text":"2 more days of correction pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/106459399","repostId":"1150215705","repostType":4,"repost":{"id":"1150215705","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620135133,"share":"https://ttm.financial/m/news/1150215705?lang=&edition=fundamental","pubTime":"2021-05-04 21:32","market":"us","language":"en","title":"Stocks decline after a solid start to May, tech shares lead losses","url":"https://stock-news.laohu8.com/highlight/detail?id=1150215705","media":"Tiger Newspress","summary":"(May 4) The major averages fell on Tuesday, following a strong start to May, with technology stocks ","content":"<p>(May 4)&nbsp;The major averages fell on Tuesday, following a strong start to May, with technology stocks experiencing the biggest selling pressure.</p><p>The Dow Jones Industrial Average lost 90 points. The S&amp;P 500 fell 0.5%. The tech-heavy Nasdaq Composite was the hardest hit, dropping 0.9%.</p><p>Apple, Tesla and Alphabet were all down 1% shortly after the open.</p><p>Bank stocks rally. </p><p><img src=\"https://static.tigerbbs.com/b474d7c79644c649a1944236e72262f6\" tg-width=\"268\" tg-height=\"240\">Oil stocks rose.</p><p><img src=\"https://static.tigerbbs.com/deb5072ad8a43d76f9f7322e8c5525c6\" tg-width=\"266\" tg-height=\"241\"></p><p>Countering that move were stocks rising on strong earnings. Pfizer shares rose 1% in premarket tradingafter posting quarterly resultsthat beat expectations and raising its 2021 guidance. CVS Health shares jumped 3% after the pharmacy chain and insurance companyalso raised its guidance.</p><p>United States Steelmoved 3% higher in premarket trading after Credit Suisseupgradedthe stock&nbsp;to outperform from underperform, saying that the surge in prices for steel made it clear that the industry was in a “super cycle.”</p><p>The move in futures occurred as investors jockeyed to pick which shares to ride and which shares to dump from here with the market at all time highs. Investors are torn between playing the reopening with shares like retailers or continuing to bet on Big Tech, which just reported blockbuster earnings.</p><p>“The whole thing to me is this amazing leadership problem,” Frank Gretz, a technical analyst at Wellington Shields, told CNBC. “There were 2,800 stocks up on the New York Stock Exchange yesterday, but it was hard to make money. That’s a very unusual pattern. It’s just the difference between these reopen stocks versus the tech stocks.”</p><p>The move in futures followed solid gains for the Dow on Monday as piled into shares that would benefit the most from an economic reopening. The 30-stock benchmark rallied more than 200 points, while the S&amp;P 500 inched up 0.3%. Retail stocks led the market advance with Gap and Macy’s rallying more than 7%. Dillard’s rose nearly 10%, while Urban Outfitters and Kohl’s both gained more than 5%.</p><p>“Buying activity picked up within industrials, Boeing and Delta saw heavy trading activity as investors may be taking advantage of depressed pricing and banking on reopenings,” said Chris Larkin, managing director of trading and investing product at E-Trade Financial.</p><p>States continued to relax pandemic restrictions amid the vaccine rollout. New York Gov. Andrew Cuomo announced that most capacity restrictions will be lifted across New York, New Jersey and Connecticut, while 24-hour subway service will resume in New York City later this month.</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>Stocks decline after a solid start to May, tech shares lead losses</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\">\nStocks decline after a solid start to May, tech shares lead losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-04 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 4)&nbsp;The major averages fell on Tuesday, following a strong start to May, with technology stocks experiencing the biggest selling pressure.</p><p>The Dow Jones Industrial Average lost 90 points. The S&amp;P 500 fell 0.5%. The tech-heavy Nasdaq Composite was the hardest hit, dropping 0.9%.</p><p>Apple, Tesla and Alphabet were all down 1% shortly after the open.</p><p>Bank stocks rally. </p><p><img src=\"https://static.tigerbbs.com/b474d7c79644c649a1944236e72262f6\" tg-width=\"268\" tg-height=\"240\">Oil stocks rose.</p><p><img src=\"https://static.tigerbbs.com/deb5072ad8a43d76f9f7322e8c5525c6\" tg-width=\"266\" tg-height=\"241\"></p><p>Countering that move were stocks rising on strong earnings. Pfizer shares rose 1% in premarket tradingafter posting quarterly resultsthat beat expectations and raising its 2021 guidance. CVS Health shares jumped 3% after the pharmacy chain and insurance companyalso raised its guidance.</p><p>United States Steelmoved 3% higher in premarket trading after Credit Suisseupgradedthe stock&nbsp;to outperform from underperform, saying that the surge in prices for steel made it clear that the industry was in a “super cycle.”</p><p>The move in futures occurred as investors jockeyed to pick which shares to ride and which shares to dump from here with the market at all time highs. Investors are torn between playing the reopening with shares like retailers or continuing to bet on Big Tech, which just reported blockbuster earnings.</p><p>“The whole thing to me is this amazing leadership problem,” Frank Gretz, a technical analyst at Wellington Shields, told CNBC. “There were 2,800 stocks up on the New York Stock Exchange yesterday, but it was hard to make money. That’s a very unusual pattern. It’s just the difference between these reopen stocks versus the tech stocks.”</p><p>The move in futures followed solid gains for the Dow on Monday as piled into shares that would benefit the most from an economic reopening. The 30-stock benchmark rallied more than 200 points, while the S&amp;P 500 inched up 0.3%. Retail stocks led the market advance with Gap and Macy’s rallying more than 7%. Dillard’s rose nearly 10%, while Urban Outfitters and Kohl’s both gained more than 5%.</p><p>“Buying activity picked up within industrials, Boeing and Delta saw heavy trading activity as investors may be taking advantage of depressed pricing and banking on reopenings,” said Chris Larkin, managing director of trading and investing product at E-Trade Financial.</p><p>States continued to relax pandemic restrictions amid the vaccine rollout. New York Gov. Andrew Cuomo announced that most capacity restrictions will be lifted across New York, New Jersey and Connecticut, while 24-hour subway service will resume in New York City later this month.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150215705","content_text":"(May 4) The major averages fell on Tuesday, following a strong start to May, with technology stocks experiencing the biggest selling pressure.The Dow Jones Industrial Average lost 90 points. The S&P 500 fell 0.5%. The tech-heavy Nasdaq Composite was the hardest hit, dropping 0.9%.Apple, Tesla and Alphabet were all down 1% shortly after the open.Bank stocks rally. Oil stocks rose.Countering that move were stocks rising on strong earnings. Pfizer shares rose 1% in premarket tradingafter posting quarterly resultsthat beat expectations and raising its 2021 guidance. CVS Health shares jumped 3% after the pharmacy chain and insurance companyalso raised its guidance.United States Steelmoved 3% higher in premarket trading after Credit Suisseupgradedthe stock to outperform from underperform, saying that the surge in prices for steel made it clear that the industry was in a “super cycle.”The move in futures occurred as investors jockeyed to pick which shares to ride and which shares to dump from here with the market at all time highs. Investors are torn between playing the reopening with shares like retailers or continuing to bet on Big Tech, which just reported blockbuster earnings.“The whole thing to me is this amazing leadership problem,” Frank Gretz, a technical analyst at Wellington Shields, told CNBC. “There were 2,800 stocks up on the New York Stock Exchange yesterday, but it was hard to make money. That’s a very unusual pattern. It’s just the difference between these reopen stocks versus the tech stocks.”The move in futures followed solid gains for the Dow on Monday as piled into shares that would benefit the most from an economic reopening. The 30-stock benchmark rallied more than 200 points, while the S&P 500 inched up 0.3%. Retail stocks led the market advance with Gap and Macy’s rallying more than 7%. Dillard’s rose nearly 10%, while Urban Outfitters and Kohl’s both gained more than 5%.“Buying activity picked up within industrials, Boeing and Delta saw heavy trading activity as investors may be taking advantage of depressed pricing and banking on reopenings,” said Chris Larkin, managing director of trading and investing product at E-Trade Financial.States continued to relax pandemic restrictions amid the vaccine rollout. New York Gov. Andrew Cuomo announced that most capacity restrictions will be lifted across New York, New Jersey and Connecticut, while 24-hour subway service will resume in New York City later this month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353648541,"gmtCreate":1616495209783,"gmtModify":1704794828119,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Super undervalued! Major buy","listText":"Super undervalued! Major buy","text":"Super undervalued! Major buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/353648541","repostId":"1163218484","repostType":2,"repost":{"id":"1163218484","kind":"news","pubTimestamp":1616403428,"share":"https://ttm.financial/m/news/1163218484?lang=&edition=fundamental","pubTime":"2021-03-22 16:57","market":"hk","language":"en","title":"Alibaba: A Value And Growth Stock At Current Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1163218484","media":"seekingalpha","summary":"At current prices, Alibaba is now both a growth and value stock.This article will assess Alibaba's attractive growth prospects and the company's valuation.Alibaba will be able to enjoy stable growth from their commerce business in the next decade.The company's expansion into cloud computing will provide explosive growth opportunities considering the industry's growth rate and high margins.Alibaba will also be able to enjoy growth from its strategic investments and stake in Ant Financial.Earlier ","content":"<p><b>Summary</b></p>\n<ul>\n <li>At current prices, Alibaba is now both a growth and value stock.</li>\n <li>This article will assess Alibaba's attractive growth prospects and the company's valuation.</li>\n <li>Alibaba will be able to enjoy stable growth from their commerce business in the next decade.</li>\n <li>The company's expansion into cloud computing will provide explosive growth opportunities considering the industry's growth rate and high margins.</li>\n <li>Alibaba will also be able to enjoy growth from its strategic investments and stake in Ant Financial.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b6823bb4926a0de6a0dba52057262b1\" tg-width=\"768\" tg-height=\"508\"><span>Photo by maybefalse/iStock Unreleased via Getty Images</span></p>\n<p><b>Value Meets Growth</b></p>\n<p>Earlier in January, I conducted a fundamental analysis on Alibaba (BABA), and explained how it the company was undervalued as a result of an overreaction due to regulatory fears.Two months on, the stock had seen a spectacular rise back to the ~$270 levels and came tumbling back to the ~$230 levels as a result of the tech sell-off. This presents another golden opportunity for investors to pick up a great business at a fantastic price.</p>\n<p>In this article, I will analyse the growth opportunities of Alibaba and explain why I believe that the company will be able to sustain high growth rates of ~20%-30% over the next decade. As a result, buying Alibaba today gives investors a rare opportunity of buying both a value and growth stock!</p>\n<p><b>A Quick Recap</b></p>\n<p>Alibaba has four main business segments, namely: Core Commerce, Cloud Computing, Digital Media &amp; Entertainment and Innovation Initiatives. The company also has a 33% equity stake in Ant Financial as well as a diverse portfolio of investments. The following figure shows a detailed breakdown of Alibaba's business segments and brands.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bceb440f06e8958f52eb589475fc82cf\" tg-width=\"640\" tg-height=\"241\"><span>Source: Author's Compilation From Alibaba's 2020 Investor Day Presentation</span></p>\n<p>Notable changes from 2019's Investor Day include:</p>\n<ul>\n <li>Increasing its stake in EV maker Xpeng(NYSE:XPEV)from 3.2% to 19% in end 2020</li>\n <li>Taking a controlling stake of 72% in Sun Art(OTCPK:SURRY), a leading hypermarket and supermarket operator in China in October 2020</li>\n <li>Shutting down of Xiami music streaming platform in February 2021</li>\n</ul>\n<p>While Alibaba is actively developing each of these segments, my following growth analysis will be more focused on the Core Commerce and Cloud Computing segments as they are the key revenue contributors to Alibaba (86% and 8% of FY20 revenue respectively) and experience the best growth tailwinds.</p>\n<p>Sustainable Growth In Core CommerceE-Commerce In China&nbsp;<b>Continual Growth In China's E-Commerce Industry</b></p>\n<p>Alibaba's legacy business, its Chinese e-commerce platforms will continue to benefit from the growth in consumer spending and e-commerce penetration in China. Although this segment will no longer see explosive growth, retail e-commerce sales in China is still expected to grow at a steady pace.</p>\n<p>In 2021, e-commerce is forecasted to account for more than 50% of total retail sales in the country and this percentage will increase about ~2% per year thereafter. Growth in retail e-commerce sales will slowly taper down, but annual growth will remain in the 10% range after 2021.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/756074b4a628637b6f63ca0f24a2657b\" tg-width=\"471\" tg-height=\"473\"><span>Source: eMarketer.com</span></p>\n<p>While this is not an astonishing growth rate, a ~10% yearly growth for a maturing business segment is certainly positive for the company. This also helps Alibaba generate an increasing amount of cash flow which can be deployed to develop other business segments and create new sources of income.</p>\n<p><b>Growth In Chinese Consumer Spending</b></p>\n<p>One major factor that can significantly affect the trajectory of the e-commerce industry is the consumer spending of Chinese citizens.</p>\n<p>According to a&nbsp;report&nbsp;by Morgan Stanley in January 2021, “Chinese consumer spending is set to more than double in ten years.” China’s private consumption was $5.6 trillion in 2019 and is expected to reach $12.7 trillion by 2030, the same amount which American’s currently spend. By 2030, disposable income per capita is also expected to rise proportionally, from $6,000 a year to $12,000, representing a CAGR of 7% over the next decade.</p>\n<p>This trend is mainly driven by an ageing population as the age groups with the highest purchasing power retire or have families, resulting in an increase in spending. Therefore, should Alibaba be able to tap onto this emerging market by focusing on family and elderly related products such as healthcare items, it would help the company sustain high growth rates in its local e-commerce business for the next decade.</p>\n<p><b>Live Streaming As A Sales Medium</b></p>\n<p>In recent years, live streaming as a sales medium has gained huge popularity in China. According to&nbsp;Coresight, life streaming sessions are real time \"broadcasting of video content by presenters such as social media influencers that model or try out products.\" Users will then be able to purchase the product by clicking an embedded link. Products advertised during live streaming are usually sold at a discounted price and there are limited quantities for sale, which explains why so many consumers tune in to hunt for bargains. The figure below shows how a typical live streaming session looks like.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/11036cc14b9aacf03ae2f6a71af8b9b9\" tg-width=\"640\" tg-height=\"610\"><span>Source: WalkTheChat</span></p>\n<p>Live streaming has brought in extraordinary results for e-commerce companies. On Singles Day 2019, top live streamer, Viya's (left) eight-hour session engaged 43.15 million buyers while Li Jiaqi's (right) six-hour live stream drew over 36.8 million viewers. In total, over 100,000 brands utilised Taobao's live streaming function during Singles’ Day 2019, generating a Gross Merchandise Value (GMV) of ¥20 billion ($2.85 billion), which represents 7.5% of total sales on Singles Day.</p>\n<p>Live-streamers are quickly growing in popularity in China. Top live-streamers like Viya and Li Jiaqi are often invited to take part and feature in reality shows as well as concerts. This helps to further expand their already wide group of audiences, which in turn can fuel more growth in the life streaming segment, and an increase in GMV.</p>\n<p>On Chinese social media platform Weibo(NASDAQ:WB), Li Jiaqi and Viya have amassed 29 and 17 million followers, respectively, a figure which even exceeds that of many celebrities. This reflects the ever-growing popularity of live streamers and the potential reach they have.</p>\n<p>The growth in this segment will benefit Alibaba the greatest as the two most popular live streamers mentioned above live stream on Taobao. If live streaming continues to rapidly gain popularity and relevance, it could help to accelerate consumer spending which will benefit Alibaba's e-commerce business.</p>\n<p>E-Commerce Expansion Into South East Asia (SEA)</p>\n<p>As the growth in the Chinese e-commerce market will eventually plateau out, Alibaba has stepped up its expansion into the next potential e-commerce hotbed, the SEA market. Alibaba's operations in the region are mainly through Lazada (acquired in 2016), Tokopedia (equity investment in 2017) and AliExpress. To Alibaba, SEA is an extremely attractive and viable market due to the following:</p>\n<ul>\n <li>A Retail Situation That Is Similar To That Of China 10 Years Ago</li>\n <li>Favourable Industry Trends</li>\n <li>Strong Market Position</li>\n</ul>\n<p><b>A Familiar Retail Situation</b></p>\n<p>The current retail landscape in SEA is very similar to that of China which allowed Alibaba to thrive. The region has a huge population (~600m) which is very young, high mobile usage, a relatively undeveloped e-commerce industry, low income levels and a similar culture and background to China.</p>\n<p>This makes it easier for Alibaba adopt and innovate from their successful Chinese business model and implement it in SEA.</p>\n<p>Live streaming has brought in extraordinary results for e-commerce companies. On Singles Day 2019, top live streamer, Viya's (left) eight-hour session engaged 43.15 million buyers while Li Jiaqi's (right) six-hour live stream drew over 36.8 million viewers. In total, over 100,000 brands utilised Taobao's live streaming function during Singles’ Day 2019, generating a Gross Merchandise Value (GMV) of ¥20 billion ($2.85 billion), which represents 7.5% of total sales on Singles Day.</p>\n<p>Live-streamers are quickly growing in popularity in China. Top live-streamers like Viya and Li Jiaqi are often invited to take part and feature in reality shows as well as concerts. This helps to further expand their already wide group of audiences, which in turn can fuel more growth in the life streaming segment, and an increase in GMV.</p>\n<p>On Chinese social media platform Weibo(NASDAQ:WB), Li Jiaqi and Viya have amassed 29 and 17 million followers, respectively, a figure which even exceeds that of many celebrities. This reflects the ever-growing popularity of live streamers and the potential reach they have.</p>\n<p>The growth in this segment will benefit Alibaba the greatest as the two most popular live streamers mentioned above live stream on Taobao. If live streaming continues to rapidly gain popularity and relevance, it could help to accelerate consumer spending which will benefit Alibaba's e-commerce business.</p>\n<p>E-Commerce Expansion Into South East Asia (SEA)</p>\n<p>As the growth in the Chinese e-commerce market will eventually plateau out, Alibaba has stepped up its expansion into the next potential e-commerce hotbed, the SEA market. Alibaba's operations in the region are mainly through Lazada (acquired in 2016), Tokopedia (equity investment in 2017) and AliExpress. To Alibaba, SEA is an extremely attractive and viable market due to the following:</p>\n<ul>\n <li>A Retail Situation That Is Similar To That Of China 10 Years Ago</li>\n <li>Favourable Industry Trends</li>\n <li>Strong Market Position</li>\n</ul>\n<p><b>A Familiar Retail Situation</b></p>\n<p>The current retail landscape in SEA is very similar to that of China which allowed Alibaba to thrive. The region has a huge population (~600m) which is very young, high mobile usage, a relatively undeveloped e-commerce industry, low income levels and a similar culture and background to China.</p>\n<p>This makes it easier for Alibaba adopt and innovate from their successful Chinese business model and implement it in SEA.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b6d6fb227b8c656b6877c05cda10bc05\" tg-width=\"640\" tg-height=\"250\"><span>Source: Alibaba 2020 Investor Day Presentation</span></p>\n<p><b>Favourable Industry Trends</b></p>\n<p>Apart from the SEA market resembling China ten years ago, the region is also experiencing very positive trends regarding income growth, consumer spending growth and e-commerce penetration, all of which will accelerate Alibaba’s developments in the region.</p>\n<p>1. A Rapidly Expanding Market</p>\n<p>According to&nbsp;Mashable, Southeast Asia’s internet economy hit the US$100 billion mark at the end of 2019, and e-commerce was the largest sector contributing to this figure. Out of $100 billion, e-commerce platforms made US$38 billion!</p>\n<p>Looking ahead, the region’s online market value is expected to rise to US$300 billion by 2025, and e-commerce will be one of the greatest benefactors of this growth.</p>\n<p>2. COVID-19 Accelerated E-Commerce User-ship</p>\n<p>According to report by Facebook and Bain &amp; Company in August 2020, the number of digital consumers in SEA will reach 310 million by the end of 2020. This figure was originally expected to be hit in 2025 according to their 2019 study. It is likely that the emergence of COVID-19 had accelerated e-commerce adaptation in the region, condensing five years worth of growth into one!</p>\n<p>In the following years, the report predicts that the number of digital consumers will continue growing at a fast pace, with a revised figure of 340 million by 2025. I wouldn’t be too surprised if this figure was also exceeded in the next year or two considering the rapid advancements in technology in the region.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/908582f41e5c35b3d4ea07100fbe40fd\" tg-width=\"640\" tg-height=\"470\"><span>Source: Facebook and Bain &amp; Company Report</span></p>\n<p>3. Increasing Consumer Spending</p>\n<p>SEA countries have recorded one of the highest growths in online spending in the past years. From the chart below, we can see that SEA nations (highlighted in yellow) have been experiencing high yearly growth rates of &gt;15% in online spending.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57f4d6765dd4d059ba13ba9d859c6b48\" tg-width=\"640\" tg-height=\"352\"><span>Source: Techpinas.com</span></p>\n<p>This growth is expected to remain high in the coming years with the same report by Facebook and Bain &amp; Company predicting a 3.5x increase in online spending over 2018 amounts by 2025. (This figure was previously 3.2x in 2019). As of 2020, the average gross merchandise value (GMV) in the region is an estimated US$172 per person. This pales in comparison with China’s ~US$1400 GMV per person as calculated using figures from Alibaba’s 2020 annual report (RMB 6,589,000m GMV/ 726m Annual Active Consumers *0.15 Exchange Rate), indicating a huge runway for growth. Just by simply catching up to the average spend per consumer in China, SEA’s e-commerce GMV would increase 8x!</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d2ad0cc4c3fb4bc0fe134e91d7822a6\" tg-width=\"640\" tg-height=\"437\"><span>Source: Facebook and Bain &amp; Company Report</span></p>\n<p>4. Numerous Catalyst For Growth</p>\n<p>Over the next decade, apart from the trends mentioned, there are also numerous favourable factors which will drive this growth or provide an added boost to this developing industry. The catalysts for growth include:</p>\n<ul>\n <li>Population Increase</li>\n <li>Rising Disposable Income</li>\n <li>Greater Mobile Phone Ownership — Driven by falling phone prices</li>\n <li>Faster Internet Speed — Improves efficiency and convenience</li>\n</ul>\n<p>Currently, all of these factors are trending upwards, which is very positive news for the SEA e-commerce industry!</p>\n<p><b>A Strong Market Position</b></p>\n<p>Currently, the two main e-commerce players in SEA are Alibaba (through Lazada and Tokopedia) as well as Sea (through Shopee). Alibaba and Sea operate in a “duopoly” in the SEA e-commerce space. Hence, Alibaba is well positioned to capture much of the growth from the booming e-commerce industry in SEA.</p>\n<p>As shown in the figure below, Alibaba-owned Lazada is currently the top e-commerce application in all SEA countries except Singapore. However, Carousell is not direct competition to Lazada as the former is more of a C2C marketplace to sell secondhand items. Additionally, Lazada also gained market share in Vietnam as it was ranked 2nd behind Shopee in 2019.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/17c2674331dd7f0c33ce2cc9ae89b8e9\" tg-width=\"640\" tg-height=\"341\"><span>Source: Nativex</span></p>\n<p>While Alibaba's current market position remains superior, Sea-owned Shopee is providing Alibaba with extremely strong competition in the region and Lazada will need to actively improve its services and offerings to maintain its market position.</p>\n<p>In conclusion, SEA is a huge growth opportunity for Alibaba’s e-commerce business due to a familiar retail situation, rapidly increasing income levels, rising consumer spending and a more widespread adoption of e-commerce. Being a market leader will also allow Alibaba to benefit the most from the growth of this market.</p>\n<p><b>Strong Growth Expected In Local Services</b></p>\n<p>An often overlooked part of Alibaba's core commerce business are its local services which mainly consists of Alibaba's online-to-offline (O2O) food delivery service. This is another industry in China which is experiencing a secular increase in penetration and adoption rate.</p>\n<p>Over the past five years, the number of online food delivery users have quadrupled, although it saw a slight drop in 2020 due to the COVID-19 pandemic. Unlike most countries whereby lockdowns in 2020 caused a spike in food delivery users, strict pandemic prevention rules in China resulted in a temporary drop in food delivery users as delivery drivers were unable to enter certain residential areas. Following the peak of the pandemic, food delivery usage quickly rose back to 2019 levels. With low rates of infection within the country, it is likely that food delivery services will continue to gain steam and increase in usage in the following years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd5831a87f6cc2e73eab37213f859760\" tg-width=\"640\" tg-height=\"415\"><span>Source: Statista</span></p>\n<p>As of December 2020, China had&nbsp;986 million&nbsp;mobile internet users. This means that the O2O food delivery penetration rate is still below 50%, implying a large runway for growth in this industry.</p>\n<p>Between 2021-2026,EMR&nbsp;expects the Chinese online food delivery market to grow at an astonishing CAGR of 112%. There are many tailwinds that will fuel this growth, namely:</p>\n<ul>\n <li>The convenience of online food delivery</li>\n <li>Online delivery is already integrated into everyday apps like WeChat and Alipay</li>\n <li>More young people do not have the time and/or ability to cook</li>\n <li>An already large internet mobile population</li>\n</ul>\n<p>If the online food delivery industry can achieve anything near of the predicted growth rate, Alibaba’s local delivery service will deeply benefit and become an important driver of revenue growth. Furthermore, the company also aims to widen the delivery services it provides to beyond food, which would provide more growth opportunities.</p>\n<p><b>Innovations In New Retail Could Spur Growth</b></p>\n<p>Another lesser-known part of Alibaba's commerce business is New Retail, where the company aims to combine the online and offline shopping experience. Alibaba's expansion into new retail includes departmental store chain Intime and supermarket Hema. You can refer to my previous&nbsp;article&nbsp;to learn more about Alibaba's new retail.</p>\n<p>New Retail is currently Alibaba's fastest growing commerce segment, contributing approximately 20% of commerce revenue. As Alibaba expands its new retail segment to include more brick and mortar businesses (e.g., acquiring a controlling stake in hypermarket Sun Art in 2020 where it plans to push more new retail strategies), this segment will continue to be a strong revenue driver for the company.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/253d16bea23dcb43969c282ffeba9710\" tg-width=\"640\" tg-height=\"266\"><span>Source: Author's Illustrations</span></p>\n<p>According to Jack Ma, the transition to new retail will take a total of 12 years. As of today, we are only five years in. Given the positive results showed in the early stages, I believe that new retail will be able to establish Alibaba's presence and leadership in both online and offline retail, effectively increasing its total addressable market and future revenues.</p>\n<p>Capturing The Cloud Industry's Rapid Growth</p>\n<p>Apart from the numerous opportunities for growth and expansion in the commerce sector, Alibaba's cloud computing business will likely be the segment that poses huge growth figures.</p>\n<p>The cloud computing market is a rising industry in China as cloud services is part of the nation's drive to upgrade its economy by incorporating a range of new technologies such as big data and AI. This is reflective in the “Made In China 2025” Plan which places a key emphasis on IT development and independence.</p>\n<p>Cloud Services in China are considered “a few years” behind the US in adaptation and development, with China cloud market share being13.7%of global cloud demand, less than would be expected for a market of its size.</p>\n<p>For Alibaba, cloud computing is now their main business focus after commerce as they believe in the prospects and profitability of the industry.</p>\n<blockquote>\n I think cloud will be the main business of Alibaba in the future”, reflecting the direction that Alibaba is pivoting its business to. \n</blockquote>\n<blockquote>\n -- Alibaba CEO Daniel Zhang in a&nbsp;CNBC Interview\n</blockquote>\n<p><b>Rapid Industry Growth</b></p>\n<p>In the past five years, Alibaba’s cloud segment revenue has grown at an astonishing CAGR of 99%. As China’s cloud industry is still at a developing phase, we can continue to expect strong growth from both the company and industry.</p>\n<p>According&nbsp;to a white paper by the Development Research Center (DRC) of the State Council, it predicts that China’s domestic cloud industry will exceed 300 billion yuan by 2023 (up from 96 billion in 2018) and over “60% of the country’s businesses and government agencies will rely on cloud computing as an integral part of their daily operations”.</p>\n<p>Long term wise, China’s cloud industry still has a very long runway to develop. In 2019, China’s total&nbsp;cloud spending&nbsp;was only 8.4% of the US, but its GDP was 67% of the US and growing at a quicker pace. As China catches up with the US in cloud development and usage rates, they will likely experience strong, secular growth in its cloud industry minimally over the next decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e5eaee88c10086939b21d938301d044\" tg-width=\"640\" tg-height=\"413\"><span>Source: Geekwire</span></p>\n<p>Internationally, Alibaba Cloud is also slowly gaining market share and an expansion into overseas markets especially South East Asia could be very beneficial for the company’s cloud growth.</p>\n<p><b>Catalyst For Cloud Development</b></p>\n<p>Other catalysts for the growth of cloud computing in China include:</p>\n<ul>\n <li>China has the largest internet population in the world — \"generating a huge amount of data that needs to be stored securely and analysed for insights in a cost-effective manner\", according to&nbsp;SCMP</li>\n <li>5G Mobile Networks</li>\n <li>“Internet Plus” Strategy introduced in 2015 which seeks to integrate the mobile internet, cloud computing, big data and IoT applications to modernise industries and manufacturing</li>\n <li>COVID-19 has accelerated the move towards cloud adaptation</li>\n</ul>\n<p><b>A High Margin &amp; Profitable Business Model</b></p>\n<p>Apart from high growth rates, success in the cloud business can profoundly enhance Alibaba's bottom line due to its high margins.</p>\n<p>For example, cloud accounts for only 1/9th of Amazon's revenue, yet it contributes 60% of operating profits, reflecting the profitability in this business.</p>\n<p>In the past years, operating margins for the cloud segment of market leaders such as AWS has hovered around the high twenties. As of 4Q20, AWS' operating margin improved to ~30% and it is expected to continue rising to 35% within the next two years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7e974af686cc46beba5dfc1c011db901\" tg-width=\"640\" tg-height=\"473\"><span>Source: Geekwire</span></p>\n<p>Therefore, development of cloud services can both provide strong revenue growth as well as a reversal of Alibaba's falling operating margins. Revenue growth and margin expansion is an extremely ideal situation for shareholders since this will result in a greater rise in net income.</p>\n<p><b>Alibaba Is Well Positioned To Capture This Growth</b></p>\n<p>While industry growth is positive news, a high growth industry will inevitably attract multiple players, resulting in stiff competition. However, I believe that Alibaba will be able to stand out from the competition as:</p>\n<ol>\n <li>It has a first mover advantage</li>\n <li>It is the current cloud market leader in China by a huge margin</li>\n <li>There are only two main competitors — Tencent(OTCPK:TCEHY)and Baidu(NASDAQ:BIDU)</li>\n <li>China has a more developed IT Infrastructure than the US, hence less money is required to redevelop decade old infrastructure and replace it with the networks required for cloud computing</li>\n</ol>\n<p>Elaborating on points 2 and 3, as of 2Q20, Alibaba Cloud has the bulk of China's&nbsp;market share&nbsp;at 40%, while its closest rivals Tencent Cloud and Huawei Cloud have about 15% each. Even as competitors develop aggressively, Alibaba still remains the market leader by a huge margin, reflecting its superiority over competitors.</p>\n<p><b>Cloud Is Becoming Profitable</b></p>\n<p>Since entering the cloud industry in 2009, Alibaba's cloud business has always been unprofitable as the company splashed the cash to develop high quality infrastructure and attract customers. Similarly for Amazon, AWS took over 10 years to become profitable.</p>\n<p>After many years of draining the company's operating cash flows, Alibaba's cloud segment is finally showing signs of profitability as the company reported its first positive EBITA in 4Q20. Alibaba believes that full year profitability will be possible within the next fiscal year or two.</p>\n<p>Other Avenues Of Growth</p>\n<p>Apart from strong growth in commerce and cloud, the following avenues will also help the company to increase income in the long run.</p>\n<p><b>Making Strategic Investments</b></p>\n<p>Apart from its core businesses, Alibaba has a portfolio of equity stakes in multiple companies. I will categorise these investments into two broad groups: Investments into \"complementary\" businesses and investments into unrelated growth sectors.</p>\n<p>By making investments in related businesses, Alibaba can reduce competition and broaden its reach, thereby benefiting its current core businesses. For example, Alibaba acquired Kaola, a cross-border e-commerce platform in September 2019 and integrated it into Tmall, effectively consolidating the industry. In 2019, Alibaba's Tmall had 25% of the cross border e-commerce market while Kaola had 27.5% of the market. With the acquisition, Alibaba will now be the outright market leader in this e-commerce segment.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00e2116a75cbfc02917c115917ab6a2a\" tg-width=\"549\" tg-height=\"252\"><span>Source: Advangent.com</span></p>\n<p>On the other hand, Alibaba's equity stake in rather \"unrelated\" businesses in a large prospective market allows the company to tap on the large growth potential of a new industry which it may not necessarily have the expertise to directly compete in. For example, Alibaba entered the lucrative EV market with a 14% equity stake in Xpeng. Assuming Xpeng can thrive in this industry and emerge as a top producer within the next decade, the company could be worth ~US$150 billion, which is the current market capitalisation of the world's largest automaker Volkswagen. If this theoretical valuation is achieved, Alibaba's stake would be worth US$20 billion!</p>\n<p>Considering that Alibaba is a cash rich company, small investments in attractive growth companies will not put a huge dent in the company's financials. On the flip side, if the investment plays out well, Alibaba could see huge returns on their investments. As Mohnish Pabrai always says, \"Heads I Win, Tails I Don't Lose Much!\"</p>\n<p><b>Divesting Non-Core Businesses</b></p>\n<p>While Alibaba continually expands its network of businesses and investments, is important to understand that not all ventures will succeed. For those that still remain in a poor position after many years of capital injection and developments, sometimes the best solution is to cut it off.</p>\n<p>And this is what Alibaba does. Take Xiami as an example. Xiami was acquired in 2013 under Alibaba's digital media &amp; entertainment business to compete in the lucrative music streaming industry which was then dominated by Tencent. Despite its efforts of aggressively developing and promoting Xiami, Xiami was unable to substantially grow its user-base and has always been a loss-making business. As of January 2021, Xiami only commanded \"2 per cent of China's music streaming market, behind KuGou Music, QQ Music, KuWo, and NetEase Cloud Music\" asreportedby TalkingData. As a result, Alibaba announced that it would shut down its music streaming platform within the next month.</p>\n<p>With no viable route to profitability and a poor market position in a very competitive industry, I believe that this was a smart business decision as it allows the company to cut losses, minimise operating expenses and focus on other more successful ventures.</p>\n<p>Therefore, Alibaba has shown that it is not only capable at making shrewd investments, it also knows when to cut its losses and move on when necessary.</p>\n<p><b>Ant Financial</b></p>\n<p>For many investors, Alibaba's foray into the fin-tech industry via Ant Financial would be a major catalyst for growth for the company. However, I am not going to include this as a main growth driver as Ant's restructuring is still incomplete and we do not know the full impact that regulations will have on Ant. Therefore, until we have a clearer picture on Ant's updated structure, business model and strategy, I will not be able to provide a concise growth forecast for this segment.</p>\n<p>However, as Ant's Alipay is the leading mobile payment platform in China along with WeChat pay, Ant will certainly benefit from the rise in Chinese consumer spending over the next decade as well as the increasing adaptation of mobile payment methods in more rural parts of the country.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e28f81a44ee1faefde4ca73952472151\" tg-width=\"640\" tg-height=\"371\"><span>Source: Daxue Consulting</span></p>\n<p>Apart from payments, Ant Financial also provides services which covers every aspect of a consumer's financial journey, from insurance to loans to investments. These services will also benefit from the growing affluence of the Chinese middle class. If the all-in-one Alipay app is able to induce consumer stickiness to its products, or further \"trap\" consumers within Alibaba's wide range of services, Ant could further improve Alibaba's already strong network effect and help the company increase revenue by up-selling or cross-selling consumers.</p>\n<p><b>Evaluation Of Alibaba's Growth Prospects</b></p>\n<p>After analysing Alibaba's growth prospects in its various segments, I believe that the cloud computing business will be Alibaba's main driver of growth for the next decade. This segment should be able to increase earnings at a 30-40% growth rate for the next five years considering that it will turn profitable soon and can help in expanding the company's margins..</p>\n<p>Alibaba's legacy Chinese e-commerce business will likely see declining growth rates as the industry is maturing, but its expansion into SEA, local services and new retail will provide a boost to this business segment. These three businesses are all still in their infancy and in an industry, which is yearning to take off. Strong market positions in these industries will ensure that Alibaba can capture a large proportion of this growth. As a result, I believe that Alibaba's core commerce segment as a whole can easily achieve growth rates of 15%-25% in the next five years.</p>\n<p>At this point, the success of Alibaba's strategic investments and equity stake in Ant Financial is still difficult to quantify. However, they are currently heading in the right direction and the management has demonstrated its ability to extract a lot of value from their investments, be it by complementing current businesses or through an increase in valuation. Therefore, I am optimistic that Alibaba's portfolio of investments (including Ant) will provide tailwinds for the company's growth.</p>\n<p><b>Current Valuation Of Alibaba</b></p>\n<p>In my previousarticle, I did a Sum-Of-The-Parts (SOTP) valuation approach for Alibaba. For this valuation, I will also be using a SOTP valuation, but adopting an even more conservative approach to protect myself from what seems to be an inevitable market downturn.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60970c1f02270ea3d812e0603b44a197\" tg-width=\"640\" tg-height=\"444\"><span>Source: Author's calculations</span></p>\n<p><b>Assumptions &amp; Estimates Used</b></p>\n<ul>\n <li>All figures are in RMB unless otherwise stated</li>\n <li>USD to RMB exchange rate used is 1:7</li>\n <li>Earnings &amp; revenue estimates are for Fiscal Year 2021 which ends on 31/3/21</li>\n <li>Y-o-y growth estimates are 20% for core commerce, 50% for cloud computing, 3% for digital media &amp; entertainment and 0% for innovation initiatives. These estimates are slightly lower than the released 9M21 vs 9M20 figures</li>\n <li>Conservatively, Ant Financial is now valued at US$108 billion, according to the latest valuation by&nbsp;Bloomberg</li>\n <li>The value of \"Other Strategic Investments\" is adapted from Alibaba's 2020 Investor Day presentation</li>\n <li>Balance sheet information is from the company's latest 10-Q</li>\n</ul>\n<p><b>Price Multiples Used</b></p>\n<p>For Alibaba's core commerce business, the two multiples used are very conservative as Alibaba's historical average P/E is around 39. The reason for using a more conservative P/E is very simple. Alibaba's core commerce business will no longer experience exponential growth in the years ahead, therefore a few years from now, the core commerce business will unlikely command such a high multiple.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/267ced3b0a87b74cb78f90024fba03dd\" tg-width=\"640\" tg-height=\"457\"><span>Source:Analyst Prep</span></p>\n<p>With reference to an industry life cycle model, I will estimate Alibaba's core commerce business to be somewhere between the \"growth\" and \"shake-out\" stage now.</p>\n<p>Taking the 10-year P/E average of other e-commerce companies (JD(NASDAQ:JD), eBay(NASDAQ:EBAY)and Rakuten(OTCPK:RKUNY)), I arrive to a multiple of 25. Amazon(NASDAQ:AMZN)has been excluded as I personally think that it's extremely high P/E is unsustainable in the long run. A P/E of 25 is realistic as large commerce chains which are currently in a mature industry (Walmart(NYSE:WMT), Target(NYSE:TGT), Costco(NASDAQ:COST)) trade at a 10-year average P/E of ~20. Once e-commerce reaches \"mature\" stage, it should trade on a similar multiple to its retail &amp; commerce peers. However, due to its much higher margins, I believe that Alibaba will trade at a slight premium, therefore a base case multiple of 25 is appropriate.</p>\n<p>For the cloud computing industry, cloud businesses are currently trading at Price to Revenue multiples between 10x to 15x. In 2019, AWS traded at a multiple of ~12 hence this will be my base case estimate.</p>\n<p>The digital media &amp; entertainment business's multiple is derived from the 10-year average of Netflix(NASDAQ:NFLX)and iQiyi(NASDAQ:IQ)while innovation initiatives &amp; others takes the multiple of the US IT sector.</p>\n<p><b>Conclusion</b></p>\n<p>At a price below $239, Alibaba is trading at a valuation even lower than its bear case, and this valuation model by itself is already extremely conservative. Therefore, investing in Alibaba today not only comes with spectacular growth opportunities, but also an equally amazing margin of safety. Should prices continue to fall from here, I will not hesitate to continue adding to my Alibaba positions.</p>\n<p>Finally, as I was writing this article, there were rumours that the Chinese government had asked Alibaba to dispose their media assets as they were concerned about Alibaba's ability to sway public sentiment. In the meantime, the key assets in concern are the South China Morning Post and several other news and media outlets. This may not necessarily be bad for the company as divestment of these assets would allow them to shore up cash to meet the regulatory requirements for Ant Financial. Such a move could also elevate the company's favourability with the government. Overall, insiders have stated that it is unlikely that Alibaba will need to divest its entertainment business, hence this regulatory concern seems to be more focused on Alibaba's media assets and will not affect the company's commerce, cloud or entertainment business, which are much more important to the company.</p>\n<p>I will not go on with all the risks associated with this investment as I have already assessed them in my previous article. As an ending remark, I will note that investing in Alibaba is indeed riskier due to the regulatory concerns both in US and China. However, if you are able to stomach the added risk and volatility, Alibaba currently gives you a very good opportunity to capitalise on the growth of China and comes at a price with a huge margin of safety baked in to protect investors from the potential downside risks.</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>Alibaba: A Value And Growth Stock At Current Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: A Value And Growth Stock At Current Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 16:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4415263-alibaba-value-and-growth-stock-current-prices><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAt current prices, Alibaba is now both a growth and value stock.\nThis article will assess Alibaba's attractive growth prospects and the company's valuation.\nAlibaba will be able to enjoy ...</p>\n\n<a href=\"https://seekingalpha.com/article/4415263-alibaba-value-and-growth-stock-current-prices\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4415263-alibaba-value-and-growth-stock-current-prices","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1163218484","content_text":"Summary\n\nAt current prices, Alibaba is now both a growth and value stock.\nThis article will assess Alibaba's attractive growth prospects and the company's valuation.\nAlibaba will be able to enjoy stable growth from their commerce business in the next decade.\nThe company's expansion into cloud computing will provide explosive growth opportunities considering the industry's growth rate and high margins.\nAlibaba will also be able to enjoy growth from its strategic investments and stake in Ant Financial.\n\nPhoto by maybefalse/iStock Unreleased via Getty Images\nValue Meets Growth\nEarlier in January, I conducted a fundamental analysis on Alibaba (BABA), and explained how it the company was undervalued as a result of an overreaction due to regulatory fears.Two months on, the stock had seen a spectacular rise back to the ~$270 levels and came tumbling back to the ~$230 levels as a result of the tech sell-off. This presents another golden opportunity for investors to pick up a great business at a fantastic price.\nIn this article, I will analyse the growth opportunities of Alibaba and explain why I believe that the company will be able to sustain high growth rates of ~20%-30% over the next decade. As a result, buying Alibaba today gives investors a rare opportunity of buying both a value and growth stock!\nA Quick Recap\nAlibaba has four main business segments, namely: Core Commerce, Cloud Computing, Digital Media & Entertainment and Innovation Initiatives. The company also has a 33% equity stake in Ant Financial as well as a diverse portfolio of investments. The following figure shows a detailed breakdown of Alibaba's business segments and brands.\nSource: Author's Compilation From Alibaba's 2020 Investor Day Presentation\nNotable changes from 2019's Investor Day include:\n\nIncreasing its stake in EV maker Xpeng(NYSE:XPEV)from 3.2% to 19% in end 2020\nTaking a controlling stake of 72% in Sun Art(OTCPK:SURRY), a leading hypermarket and supermarket operator in China in October 2020\nShutting down of Xiami music streaming platform in February 2021\n\nWhile Alibaba is actively developing each of these segments, my following growth analysis will be more focused on the Core Commerce and Cloud Computing segments as they are the key revenue contributors to Alibaba (86% and 8% of FY20 revenue respectively) and experience the best growth tailwinds.\nSustainable Growth In Core CommerceE-Commerce In China Continual Growth In China's E-Commerce Industry\nAlibaba's legacy business, its Chinese e-commerce platforms will continue to benefit from the growth in consumer spending and e-commerce penetration in China. Although this segment will no longer see explosive growth, retail e-commerce sales in China is still expected to grow at a steady pace.\nIn 2021, e-commerce is forecasted to account for more than 50% of total retail sales in the country and this percentage will increase about ~2% per year thereafter. Growth in retail e-commerce sales will slowly taper down, but annual growth will remain in the 10% range after 2021.\nSource: eMarketer.com\nWhile this is not an astonishing growth rate, a ~10% yearly growth for a maturing business segment is certainly positive for the company. This also helps Alibaba generate an increasing amount of cash flow which can be deployed to develop other business segments and create new sources of income.\nGrowth In Chinese Consumer Spending\nOne major factor that can significantly affect the trajectory of the e-commerce industry is the consumer spending of Chinese citizens.\nAccording to a report by Morgan Stanley in January 2021, “Chinese consumer spending is set to more than double in ten years.” China’s private consumption was $5.6 trillion in 2019 and is expected to reach $12.7 trillion by 2030, the same amount which American’s currently spend. By 2030, disposable income per capita is also expected to rise proportionally, from $6,000 a year to $12,000, representing a CAGR of 7% over the next decade.\nThis trend is mainly driven by an ageing population as the age groups with the highest purchasing power retire or have families, resulting in an increase in spending. Therefore, should Alibaba be able to tap onto this emerging market by focusing on family and elderly related products such as healthcare items, it would help the company sustain high growth rates in its local e-commerce business for the next decade.\nLive Streaming As A Sales Medium\nIn recent years, live streaming as a sales medium has gained huge popularity in China. According to Coresight, life streaming sessions are real time \"broadcasting of video content by presenters such as social media influencers that model or try out products.\" Users will then be able to purchase the product by clicking an embedded link. Products advertised during live streaming are usually sold at a discounted price and there are limited quantities for sale, which explains why so many consumers tune in to hunt for bargains. The figure below shows how a typical live streaming session looks like.\nSource: WalkTheChat\nLive streaming has brought in extraordinary results for e-commerce companies. On Singles Day 2019, top live streamer, Viya's (left) eight-hour session engaged 43.15 million buyers while Li Jiaqi's (right) six-hour live stream drew over 36.8 million viewers. In total, over 100,000 brands utilised Taobao's live streaming function during Singles’ Day 2019, generating a Gross Merchandise Value (GMV) of ¥20 billion ($2.85 billion), which represents 7.5% of total sales on Singles Day.\nLive-streamers are quickly growing in popularity in China. Top live-streamers like Viya and Li Jiaqi are often invited to take part and feature in reality shows as well as concerts. This helps to further expand their already wide group of audiences, which in turn can fuel more growth in the life streaming segment, and an increase in GMV.\nOn Chinese social media platform Weibo(NASDAQ:WB), Li Jiaqi and Viya have amassed 29 and 17 million followers, respectively, a figure which even exceeds that of many celebrities. This reflects the ever-growing popularity of live streamers and the potential reach they have.\nThe growth in this segment will benefit Alibaba the greatest as the two most popular live streamers mentioned above live stream on Taobao. If live streaming continues to rapidly gain popularity and relevance, it could help to accelerate consumer spending which will benefit Alibaba's e-commerce business.\nE-Commerce Expansion Into South East Asia (SEA)\nAs the growth in the Chinese e-commerce market will eventually plateau out, Alibaba has stepped up its expansion into the next potential e-commerce hotbed, the SEA market. Alibaba's operations in the region are mainly through Lazada (acquired in 2016), Tokopedia (equity investment in 2017) and AliExpress. To Alibaba, SEA is an extremely attractive and viable market due to the following:\n\nA Retail Situation That Is Similar To That Of China 10 Years Ago\nFavourable Industry Trends\nStrong Market Position\n\nA Familiar Retail Situation\nThe current retail landscape in SEA is very similar to that of China which allowed Alibaba to thrive. The region has a huge population (~600m) which is very young, high mobile usage, a relatively undeveloped e-commerce industry, low income levels and a similar culture and background to China.\nThis makes it easier for Alibaba adopt and innovate from their successful Chinese business model and implement it in SEA.\nLive streaming has brought in extraordinary results for e-commerce companies. On Singles Day 2019, top live streamer, Viya's (left) eight-hour session engaged 43.15 million buyers while Li Jiaqi's (right) six-hour live stream drew over 36.8 million viewers. In total, over 100,000 brands utilised Taobao's live streaming function during Singles’ Day 2019, generating a Gross Merchandise Value (GMV) of ¥20 billion ($2.85 billion), which represents 7.5% of total sales on Singles Day.\nLive-streamers are quickly growing in popularity in China. Top live-streamers like Viya and Li Jiaqi are often invited to take part and feature in reality shows as well as concerts. This helps to further expand their already wide group of audiences, which in turn can fuel more growth in the life streaming segment, and an increase in GMV.\nOn Chinese social media platform Weibo(NASDAQ:WB), Li Jiaqi and Viya have amassed 29 and 17 million followers, respectively, a figure which even exceeds that of many celebrities. This reflects the ever-growing popularity of live streamers and the potential reach they have.\nThe growth in this segment will benefit Alibaba the greatest as the two most popular live streamers mentioned above live stream on Taobao. If live streaming continues to rapidly gain popularity and relevance, it could help to accelerate consumer spending which will benefit Alibaba's e-commerce business.\nE-Commerce Expansion Into South East Asia (SEA)\nAs the growth in the Chinese e-commerce market will eventually plateau out, Alibaba has stepped up its expansion into the next potential e-commerce hotbed, the SEA market. Alibaba's operations in the region are mainly through Lazada (acquired in 2016), Tokopedia (equity investment in 2017) and AliExpress. To Alibaba, SEA is an extremely attractive and viable market due to the following:\n\nA Retail Situation That Is Similar To That Of China 10 Years Ago\nFavourable Industry Trends\nStrong Market Position\n\nA Familiar Retail Situation\nThe current retail landscape in SEA is very similar to that of China which allowed Alibaba to thrive. The region has a huge population (~600m) which is very young, high mobile usage, a relatively undeveloped e-commerce industry, low income levels and a similar culture and background to China.\nThis makes it easier for Alibaba adopt and innovate from their successful Chinese business model and implement it in SEA.\nSource: Alibaba 2020 Investor Day Presentation\nFavourable Industry Trends\nApart from the SEA market resembling China ten years ago, the region is also experiencing very positive trends regarding income growth, consumer spending growth and e-commerce penetration, all of which will accelerate Alibaba’s developments in the region.\n1. A Rapidly Expanding Market\nAccording to Mashable, Southeast Asia’s internet economy hit the US$100 billion mark at the end of 2019, and e-commerce was the largest sector contributing to this figure. Out of $100 billion, e-commerce platforms made US$38 billion!\nLooking ahead, the region’s online market value is expected to rise to US$300 billion by 2025, and e-commerce will be one of the greatest benefactors of this growth.\n2. COVID-19 Accelerated E-Commerce User-ship\nAccording to report by Facebook and Bain & Company in August 2020, the number of digital consumers in SEA will reach 310 million by the end of 2020. This figure was originally expected to be hit in 2025 according to their 2019 study. It is likely that the emergence of COVID-19 had accelerated e-commerce adaptation in the region, condensing five years worth of growth into one!\nIn the following years, the report predicts that the number of digital consumers will continue growing at a fast pace, with a revised figure of 340 million by 2025. I wouldn’t be too surprised if this figure was also exceeded in the next year or two considering the rapid advancements in technology in the region.\nSource: Facebook and Bain & Company Report\n3. Increasing Consumer Spending\nSEA countries have recorded one of the highest growths in online spending in the past years. From the chart below, we can see that SEA nations (highlighted in yellow) have been experiencing high yearly growth rates of >15% in online spending.\nSource: Techpinas.com\nThis growth is expected to remain high in the coming years with the same report by Facebook and Bain & Company predicting a 3.5x increase in online spending over 2018 amounts by 2025. (This figure was previously 3.2x in 2019). As of 2020, the average gross merchandise value (GMV) in the region is an estimated US$172 per person. This pales in comparison with China’s ~US$1400 GMV per person as calculated using figures from Alibaba’s 2020 annual report (RMB 6,589,000m GMV/ 726m Annual Active Consumers *0.15 Exchange Rate), indicating a huge runway for growth. Just by simply catching up to the average spend per consumer in China, SEA’s e-commerce GMV would increase 8x!\nSource: Facebook and Bain & Company Report\n4. Numerous Catalyst For Growth\nOver the next decade, apart from the trends mentioned, there are also numerous favourable factors which will drive this growth or provide an added boost to this developing industry. The catalysts for growth include:\n\nPopulation Increase\nRising Disposable Income\nGreater Mobile Phone Ownership — Driven by falling phone prices\nFaster Internet Speed — Improves efficiency and convenience\n\nCurrently, all of these factors are trending upwards, which is very positive news for the SEA e-commerce industry!\nA Strong Market Position\nCurrently, the two main e-commerce players in SEA are Alibaba (through Lazada and Tokopedia) as well as Sea (through Shopee). Alibaba and Sea operate in a “duopoly” in the SEA e-commerce space. Hence, Alibaba is well positioned to capture much of the growth from the booming e-commerce industry in SEA.\nAs shown in the figure below, Alibaba-owned Lazada is currently the top e-commerce application in all SEA countries except Singapore. However, Carousell is not direct competition to Lazada as the former is more of a C2C marketplace to sell secondhand items. Additionally, Lazada also gained market share in Vietnam as it was ranked 2nd behind Shopee in 2019.\nSource: Nativex\nWhile Alibaba's current market position remains superior, Sea-owned Shopee is providing Alibaba with extremely strong competition in the region and Lazada will need to actively improve its services and offerings to maintain its market position.\nIn conclusion, SEA is a huge growth opportunity for Alibaba’s e-commerce business due to a familiar retail situation, rapidly increasing income levels, rising consumer spending and a more widespread adoption of e-commerce. Being a market leader will also allow Alibaba to benefit the most from the growth of this market.\nStrong Growth Expected In Local Services\nAn often overlooked part of Alibaba's core commerce business are its local services which mainly consists of Alibaba's online-to-offline (O2O) food delivery service. This is another industry in China which is experiencing a secular increase in penetration and adoption rate.\nOver the past five years, the number of online food delivery users have quadrupled, although it saw a slight drop in 2020 due to the COVID-19 pandemic. Unlike most countries whereby lockdowns in 2020 caused a spike in food delivery users, strict pandemic prevention rules in China resulted in a temporary drop in food delivery users as delivery drivers were unable to enter certain residential areas. Following the peak of the pandemic, food delivery usage quickly rose back to 2019 levels. With low rates of infection within the country, it is likely that food delivery services will continue to gain steam and increase in usage in the following years.\nSource: Statista\nAs of December 2020, China had 986 million mobile internet users. This means that the O2O food delivery penetration rate is still below 50%, implying a large runway for growth in this industry.\nBetween 2021-2026,EMR expects the Chinese online food delivery market to grow at an astonishing CAGR of 112%. There are many tailwinds that will fuel this growth, namely:\n\nThe convenience of online food delivery\nOnline delivery is already integrated into everyday apps like WeChat and Alipay\nMore young people do not have the time and/or ability to cook\nAn already large internet mobile population\n\nIf the online food delivery industry can achieve anything near of the predicted growth rate, Alibaba’s local delivery service will deeply benefit and become an important driver of revenue growth. Furthermore, the company also aims to widen the delivery services it provides to beyond food, which would provide more growth opportunities.\nInnovations In New Retail Could Spur Growth\nAnother lesser-known part of Alibaba's commerce business is New Retail, where the company aims to combine the online and offline shopping experience. Alibaba's expansion into new retail includes departmental store chain Intime and supermarket Hema. You can refer to my previous article to learn more about Alibaba's new retail.\nNew Retail is currently Alibaba's fastest growing commerce segment, contributing approximately 20% of commerce revenue. As Alibaba expands its new retail segment to include more brick and mortar businesses (e.g., acquiring a controlling stake in hypermarket Sun Art in 2020 where it plans to push more new retail strategies), this segment will continue to be a strong revenue driver for the company.\nSource: Author's Illustrations\nAccording to Jack Ma, the transition to new retail will take a total of 12 years. As of today, we are only five years in. Given the positive results showed in the early stages, I believe that new retail will be able to establish Alibaba's presence and leadership in both online and offline retail, effectively increasing its total addressable market and future revenues.\nCapturing The Cloud Industry's Rapid Growth\nApart from the numerous opportunities for growth and expansion in the commerce sector, Alibaba's cloud computing business will likely be the segment that poses huge growth figures.\nThe cloud computing market is a rising industry in China as cloud services is part of the nation's drive to upgrade its economy by incorporating a range of new technologies such as big data and AI. This is reflective in the “Made In China 2025” Plan which places a key emphasis on IT development and independence.\nCloud Services in China are considered “a few years” behind the US in adaptation and development, with China cloud market share being13.7%of global cloud demand, less than would be expected for a market of its size.\nFor Alibaba, cloud computing is now their main business focus after commerce as they believe in the prospects and profitability of the industry.\n\n I think cloud will be the main business of Alibaba in the future”, reflecting the direction that Alibaba is pivoting its business to. \n\n\n -- Alibaba CEO Daniel Zhang in a CNBC Interview\n\nRapid Industry Growth\nIn the past five years, Alibaba’s cloud segment revenue has grown at an astonishing CAGR of 99%. As China’s cloud industry is still at a developing phase, we can continue to expect strong growth from both the company and industry.\nAccording to a white paper by the Development Research Center (DRC) of the State Council, it predicts that China’s domestic cloud industry will exceed 300 billion yuan by 2023 (up from 96 billion in 2018) and over “60% of the country’s businesses and government agencies will rely on cloud computing as an integral part of their daily operations”.\nLong term wise, China’s cloud industry still has a very long runway to develop. In 2019, China’s total cloud spending was only 8.4% of the US, but its GDP was 67% of the US and growing at a quicker pace. As China catches up with the US in cloud development and usage rates, they will likely experience strong, secular growth in its cloud industry minimally over the next decade.\nSource: Geekwire\nInternationally, Alibaba Cloud is also slowly gaining market share and an expansion into overseas markets especially South East Asia could be very beneficial for the company’s cloud growth.\nCatalyst For Cloud Development\nOther catalysts for the growth of cloud computing in China include:\n\nChina has the largest internet population in the world — \"generating a huge amount of data that needs to be stored securely and analysed for insights in a cost-effective manner\", according to SCMP\n5G Mobile Networks\n“Internet Plus” Strategy introduced in 2015 which seeks to integrate the mobile internet, cloud computing, big data and IoT applications to modernise industries and manufacturing\nCOVID-19 has accelerated the move towards cloud adaptation\n\nA High Margin & Profitable Business Model\nApart from high growth rates, success in the cloud business can profoundly enhance Alibaba's bottom line due to its high margins.\nFor example, cloud accounts for only 1/9th of Amazon's revenue, yet it contributes 60% of operating profits, reflecting the profitability in this business.\nIn the past years, operating margins for the cloud segment of market leaders such as AWS has hovered around the high twenties. As of 4Q20, AWS' operating margin improved to ~30% and it is expected to continue rising to 35% within the next two years.\nSource: Geekwire\nTherefore, development of cloud services can both provide strong revenue growth as well as a reversal of Alibaba's falling operating margins. Revenue growth and margin expansion is an extremely ideal situation for shareholders since this will result in a greater rise in net income.\nAlibaba Is Well Positioned To Capture This Growth\nWhile industry growth is positive news, a high growth industry will inevitably attract multiple players, resulting in stiff competition. However, I believe that Alibaba will be able to stand out from the competition as:\n\nIt has a first mover advantage\nIt is the current cloud market leader in China by a huge margin\nThere are only two main competitors — Tencent(OTCPK:TCEHY)and Baidu(NASDAQ:BIDU)\nChina has a more developed IT Infrastructure than the US, hence less money is required to redevelop decade old infrastructure and replace it with the networks required for cloud computing\n\nElaborating on points 2 and 3, as of 2Q20, Alibaba Cloud has the bulk of China's market share at 40%, while its closest rivals Tencent Cloud and Huawei Cloud have about 15% each. Even as competitors develop aggressively, Alibaba still remains the market leader by a huge margin, reflecting its superiority over competitors.\nCloud Is Becoming Profitable\nSince entering the cloud industry in 2009, Alibaba's cloud business has always been unprofitable as the company splashed the cash to develop high quality infrastructure and attract customers. Similarly for Amazon, AWS took over 10 years to become profitable.\nAfter many years of draining the company's operating cash flows, Alibaba's cloud segment is finally showing signs of profitability as the company reported its first positive EBITA in 4Q20. Alibaba believes that full year profitability will be possible within the next fiscal year or two.\nOther Avenues Of Growth\nApart from strong growth in commerce and cloud, the following avenues will also help the company to increase income in the long run.\nMaking Strategic Investments\nApart from its core businesses, Alibaba has a portfolio of equity stakes in multiple companies. I will categorise these investments into two broad groups: Investments into \"complementary\" businesses and investments into unrelated growth sectors.\nBy making investments in related businesses, Alibaba can reduce competition and broaden its reach, thereby benefiting its current core businesses. For example, Alibaba acquired Kaola, a cross-border e-commerce platform in September 2019 and integrated it into Tmall, effectively consolidating the industry. In 2019, Alibaba's Tmall had 25% of the cross border e-commerce market while Kaola had 27.5% of the market. With the acquisition, Alibaba will now be the outright market leader in this e-commerce segment.\nSource: Advangent.com\nOn the other hand, Alibaba's equity stake in rather \"unrelated\" businesses in a large prospective market allows the company to tap on the large growth potential of a new industry which it may not necessarily have the expertise to directly compete in. For example, Alibaba entered the lucrative EV market with a 14% equity stake in Xpeng. Assuming Xpeng can thrive in this industry and emerge as a top producer within the next decade, the company could be worth ~US$150 billion, which is the current market capitalisation of the world's largest automaker Volkswagen. If this theoretical valuation is achieved, Alibaba's stake would be worth US$20 billion!\nConsidering that Alibaba is a cash rich company, small investments in attractive growth companies will not put a huge dent in the company's financials. On the flip side, if the investment plays out well, Alibaba could see huge returns on their investments. As Mohnish Pabrai always says, \"Heads I Win, Tails I Don't Lose Much!\"\nDivesting Non-Core Businesses\nWhile Alibaba continually expands its network of businesses and investments, is important to understand that not all ventures will succeed. For those that still remain in a poor position after many years of capital injection and developments, sometimes the best solution is to cut it off.\nAnd this is what Alibaba does. Take Xiami as an example. Xiami was acquired in 2013 under Alibaba's digital media & entertainment business to compete in the lucrative music streaming industry which was then dominated by Tencent. Despite its efforts of aggressively developing and promoting Xiami, Xiami was unable to substantially grow its user-base and has always been a loss-making business. As of January 2021, Xiami only commanded \"2 per cent of China's music streaming market, behind KuGou Music, QQ Music, KuWo, and NetEase Cloud Music\" asreportedby TalkingData. As a result, Alibaba announced that it would shut down its music streaming platform within the next month.\nWith no viable route to profitability and a poor market position in a very competitive industry, I believe that this was a smart business decision as it allows the company to cut losses, minimise operating expenses and focus on other more successful ventures.\nTherefore, Alibaba has shown that it is not only capable at making shrewd investments, it also knows when to cut its losses and move on when necessary.\nAnt Financial\nFor many investors, Alibaba's foray into the fin-tech industry via Ant Financial would be a major catalyst for growth for the company. However, I am not going to include this as a main growth driver as Ant's restructuring is still incomplete and we do not know the full impact that regulations will have on Ant. Therefore, until we have a clearer picture on Ant's updated structure, business model and strategy, I will not be able to provide a concise growth forecast for this segment.\nHowever, as Ant's Alipay is the leading mobile payment platform in China along with WeChat pay, Ant will certainly benefit from the rise in Chinese consumer spending over the next decade as well as the increasing adaptation of mobile payment methods in more rural parts of the country.\nSource: Daxue Consulting\nApart from payments, Ant Financial also provides services which covers every aspect of a consumer's financial journey, from insurance to loans to investments. These services will also benefit from the growing affluence of the Chinese middle class. If the all-in-one Alipay app is able to induce consumer stickiness to its products, or further \"trap\" consumers within Alibaba's wide range of services, Ant could further improve Alibaba's already strong network effect and help the company increase revenue by up-selling or cross-selling consumers.\nEvaluation Of Alibaba's Growth Prospects\nAfter analysing Alibaba's growth prospects in its various segments, I believe that the cloud computing business will be Alibaba's main driver of growth for the next decade. This segment should be able to increase earnings at a 30-40% growth rate for the next five years considering that it will turn profitable soon and can help in expanding the company's margins..\nAlibaba's legacy Chinese e-commerce business will likely see declining growth rates as the industry is maturing, but its expansion into SEA, local services and new retail will provide a boost to this business segment. These three businesses are all still in their infancy and in an industry, which is yearning to take off. Strong market positions in these industries will ensure that Alibaba can capture a large proportion of this growth. As a result, I believe that Alibaba's core commerce segment as a whole can easily achieve growth rates of 15%-25% in the next five years.\nAt this point, the success of Alibaba's strategic investments and equity stake in Ant Financial is still difficult to quantify. However, they are currently heading in the right direction and the management has demonstrated its ability to extract a lot of value from their investments, be it by complementing current businesses or through an increase in valuation. Therefore, I am optimistic that Alibaba's portfolio of investments (including Ant) will provide tailwinds for the company's growth.\nCurrent Valuation Of Alibaba\nIn my previousarticle, I did a Sum-Of-The-Parts (SOTP) valuation approach for Alibaba. For this valuation, I will also be using a SOTP valuation, but adopting an even more conservative approach to protect myself from what seems to be an inevitable market downturn.\nSource: Author's calculations\nAssumptions & Estimates Used\n\nAll figures are in RMB unless otherwise stated\nUSD to RMB exchange rate used is 1:7\nEarnings & revenue estimates are for Fiscal Year 2021 which ends on 31/3/21\nY-o-y growth estimates are 20% for core commerce, 50% for cloud computing, 3% for digital media & entertainment and 0% for innovation initiatives. These estimates are slightly lower than the released 9M21 vs 9M20 figures\nConservatively, Ant Financial is now valued at US$108 billion, according to the latest valuation by Bloomberg\nThe value of \"Other Strategic Investments\" is adapted from Alibaba's 2020 Investor Day presentation\nBalance sheet information is from the company's latest 10-Q\n\nPrice Multiples Used\nFor Alibaba's core commerce business, the two multiples used are very conservative as Alibaba's historical average P/E is around 39. The reason for using a more conservative P/E is very simple. Alibaba's core commerce business will no longer experience exponential growth in the years ahead, therefore a few years from now, the core commerce business will unlikely command such a high multiple.\nSource:Analyst Prep\nWith reference to an industry life cycle model, I will estimate Alibaba's core commerce business to be somewhere between the \"growth\" and \"shake-out\" stage now.\nTaking the 10-year P/E average of other e-commerce companies (JD(NASDAQ:JD), eBay(NASDAQ:EBAY)and Rakuten(OTCPK:RKUNY)), I arrive to a multiple of 25. Amazon(NASDAQ:AMZN)has been excluded as I personally think that it's extremely high P/E is unsustainable in the long run. A P/E of 25 is realistic as large commerce chains which are currently in a mature industry (Walmart(NYSE:WMT), Target(NYSE:TGT), Costco(NASDAQ:COST)) trade at a 10-year average P/E of ~20. Once e-commerce reaches \"mature\" stage, it should trade on a similar multiple to its retail & commerce peers. However, due to its much higher margins, I believe that Alibaba will trade at a slight premium, therefore a base case multiple of 25 is appropriate.\nFor the cloud computing industry, cloud businesses are currently trading at Price to Revenue multiples between 10x to 15x. In 2019, AWS traded at a multiple of ~12 hence this will be my base case estimate.\nThe digital media & entertainment business's multiple is derived from the 10-year average of Netflix(NASDAQ:NFLX)and iQiyi(NASDAQ:IQ)while innovation initiatives & others takes the multiple of the US IT sector.\nConclusion\nAt a price below $239, Alibaba is trading at a valuation even lower than its bear case, and this valuation model by itself is already extremely conservative. Therefore, investing in Alibaba today not only comes with spectacular growth opportunities, but also an equally amazing margin of safety. Should prices continue to fall from here, I will not hesitate to continue adding to my Alibaba positions.\nFinally, as I was writing this article, there were rumours that the Chinese government had asked Alibaba to dispose their media assets as they were concerned about Alibaba's ability to sway public sentiment. In the meantime, the key assets in concern are the South China Morning Post and several other news and media outlets. This may not necessarily be bad for the company as divestment of these assets would allow them to shore up cash to meet the regulatory requirements for Ant Financial. Such a move could also elevate the company's favourability with the government. Overall, insiders have stated that it is unlikely that Alibaba will need to divest its entertainment business, hence this regulatory concern seems to be more focused on Alibaba's media assets and will not affect the company's commerce, cloud or entertainment business, which are much more important to the company.\nI will not go on with all the risks associated with this investment as I have already assessed them in my previous article. As an ending remark, I will note that investing in Alibaba is indeed riskier due to the regulatory concerns both in US and China. However, if you are able to stomach the added risk and volatility, Alibaba currently gives you a very good opportunity to capitalise on the growth of China and comes at a price with a huge margin of safety baked in to protect investors from the potential downside risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578917676674127","authorId":"3578917676674127","name":"DJBoy","avatar":"https://static.tigerbbs.com/e89ddb65fea14052b67a417c63273930","crmLevel":8,"crmLevelSwitch":1,"idStr":"3578917676674127","authorIdStr":"3578917676674127"},"content":"Nope All companies related with China will be brought down by the anti Asian sentiment","text":"Nope All companies related with China will be brought down by the anti Asian sentiment","html":"Nope All companies related with China will be brought down by the anti Asian sentiment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145324442,"gmtCreate":1626191073086,"gmtModify":1703755304940,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"All good things come to an end&nbsp;","listText":"All good things come to an end&nbsp;","text":"All good things come to an end","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145324442","repostId":"1198485083","repostType":4,"repost":{"id":"1198485083","kind":"news","pubTimestamp":1626186297,"share":"https://ttm.financial/m/news/1198485083?lang=&edition=fundamental","pubTime":"2021-07-13 22:24","market":"us","language":"en","title":"477 Days And Counting: How The Current Post-Pandemic Bull Market Compares To Bull Markets Of The Past","url":"https://stock-news.laohu8.com/highlight/detail?id=1198485083","media":"Benzinga","summary":"The S&P 500 made new all-time highs on Monday, and the bull market that started on March 23, 2020 ha","content":"<p>The S&amp;P 500 made new all-time highs on Monday, and the bull market that started on March 23, 2020 has had very few bumps in the road up to this point. The bull market is now 477 days old, and the S&amp;P 500 has rallied just over 100% since hitting its intraday pandemic low of 2,191.86 last March.</p>\n<p>It may seem like an eternity since that pandemic low in 2020, but asRitholtz portfolio manager Ben Carlson highlighted, history suggests the bull market may be just getting started.</p>\n<p><b>Bull Market Numbers:</b>A bull market is defined as a gain of at least 20% from a bear market trough. There have been 23 S&amp;P 500 bull markets since 1928. The average bull market has lasted 1,121 days, or just over three years. However, the past five bull markets have lasted at least 1,826 days.</p>\n<p>The bull market from March 2009 to February 2020 that ended when the pandemic hit lasted 3,999 days. The bull market from December 1987 to the bursting of the dot-com bubble in March 2000 lasted 4,494 days, or about 12.3 years.</p>\n<p>By duration, the current bull market is relatively young compared to most bull markets of the past. But it has certainly come a long way fast. In fact, in just 477 days, the current bull market’s 100% return off of trough lows is just 22% shy of the average bull market return since 1928.</p>\n<p>And just because a bear market was less than two years ago doesn’t mean investors are in the clear of a major market correction (a decline of at least 10% from the bull market peak) or another bear market (a decline of at least 20%). There have been 32 corrections and 21 bear markets since 1928, or roughly one every 21 months.</p>\n<p><b>Benzinga’s Take:</b>These historical numbers are a great way for investors to keep some perspective on where the S&amp;P 500 is and where it might be going. But past performance is certainly not a reliable predictor of future results, and nobody should be going long or short the&nbsp;based on historical bull market trends.</p>","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>477 Days And Counting: How The Current Post-Pandemic Bull Market Compares To Bull Markets Of The Past</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\">\n477 Days And Counting: How The Current Post-Pandemic Bull Market Compares To Bull Markets Of The Past\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 22:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/education/21/07/21957243/477-days-and-counting-how-the-current-post-pandemic-bull-market-compares-to-bull-markets-of-the><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 made new all-time highs on Monday, and the bull market that started on March 23, 2020 has had very few bumps in the road up to this point. The bull market is now 477 days old, and the S&P ...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/07/21957243/477-days-and-counting-how-the-current-post-pandemic-bull-market-compares-to-bull-markets-of-the\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.benzinga.com/general/education/21/07/21957243/477-days-and-counting-how-the-current-post-pandemic-bull-market-compares-to-bull-markets-of-the","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198485083","content_text":"The S&P 500 made new all-time highs on Monday, and the bull market that started on March 23, 2020 has had very few bumps in the road up to this point. The bull market is now 477 days old, and the S&P 500 has rallied just over 100% since hitting its intraday pandemic low of 2,191.86 last March.\nIt may seem like an eternity since that pandemic low in 2020, but asRitholtz portfolio manager Ben Carlson highlighted, history suggests the bull market may be just getting started.\nBull Market Numbers:A bull market is defined as a gain of at least 20% from a bear market trough. There have been 23 S&P 500 bull markets since 1928. The average bull market has lasted 1,121 days, or just over three years. However, the past five bull markets have lasted at least 1,826 days.\nThe bull market from March 2009 to February 2020 that ended when the pandemic hit lasted 3,999 days. The bull market from December 1987 to the bursting of the dot-com bubble in March 2000 lasted 4,494 days, or about 12.3 years.\nBy duration, the current bull market is relatively young compared to most bull markets of the past. But it has certainly come a long way fast. In fact, in just 477 days, the current bull market’s 100% return off of trough lows is just 22% shy of the average bull market return since 1928.\nAnd just because a bear market was less than two years ago doesn’t mean investors are in the clear of a major market correction (a decline of at least 10% from the bull market peak) or another bear market (a decline of at least 20%). There have been 32 corrections and 21 bear markets since 1928, or roughly one every 21 months.\nBenzinga’s Take:These historical numbers are a great way for investors to keep some perspective on where the S&P 500 is and where it might be going. But past performance is certainly not a reliable predictor of future results, and nobody should be going long or short the based on historical bull market trends.","news_type":1},"isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191052177,"gmtCreate":1620829449299,"gmtModify":1704349052012,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Healthy correction. Market has ran up too fast&nbsp;","listText":"Healthy correction. Market has ran up too fast&nbsp;","text":"Healthy correction. Market has ran up too fast","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191052177","repostId":"1109603661","repostType":4,"repost":{"id":"1109603661","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620826282,"share":"https://ttm.financial/m/news/1109603661?lang=&edition=fundamental","pubTime":"2021-05-12 21:31","market":"us","language":"en","title":"Stocks take a hit as trading opens Wednesday, spooked by inflation data","url":"https://stock-news.laohu8.com/highlight/detail?id=1109603661","media":"Tiger Newspress","summary":"(May 12) Stocks take a hit as trading opens Wednesday, spooked by inflation data. The Dow Jones Indu","content":"<p>(May 12)&nbsp;Stocks take a hit as trading opens Wednesday, spooked by inflation data.&nbsp;</p><p>The Dow Jones Industrial Average fell more than 150 points, following its worst day since February. The S&amp;P 500 lost 0.6%, while the tech-heavy Nasdaq Composite slid more than 1%.</p><p>Inflation acceleratedat its fastest pace since 2008 last month with the Consumer Price Index spiking 4.2% from a year ago, compared to the Dow Jones estimate for a 3.6% increase. The monthly gain was 0.8%, versus the expected 0.2%.</p><p>Excluding volatile food and energy prices, the core CPI increased 3% from the same period in 2020 and 0.9% on a monthly basis. The respective estimates were 2.3% and 0.3%.</p><p>“The markets have been hovering around all times highs with a lot of the reopening trade already priced in. So it’s not out of the question that the outsized inflation read could bring us back down to earth a bit,” said&nbsp;Mike Loewengart, managing director of investment strategy at E-Trade.</p><p>\"Keep in mind the Fed has made it clear that it won't let inflation increases necessarily sway it from its easy money policies and further any jumps like this could be transitory. So is this a trend? That remains to be seen,\" Loewengart said.</p><p>Tech shares, which have been under pressure this week and this month, were falling in the premarket again Wednesday. Shares of Alphabet, Microsoft, Netflix, Facebook and Apple all traded in the red, while shares of chipmakers Nvidia and AMD were also lower in the premarket.</p><p>Shares tied to the reopening also fell in the premarket. Carnival Corp, Boeing and United Airlines were lower in premarket trading.</p><p>The strength in bank stocks and energy shares in premarket helped support the broader market. JPMorgan rose 1%, while Occidental Petroleum climbed 1.4%. Chevron also traded higher.</p><p>The technology sector pulled off&nbsp;a big intraday reversal&nbsp;in the previous session where the Nasdaq Composite erased a loss north of 2% and ended the day flat. The blue-chip Dow, however, lost more than 450 points to suffer its worst day since February. The S&amp;P 500 slipped 0.9%, but avoided its second straight 1% loss.</p><p>The Technology Select Sector SPDR is off by more than 1% this week and 3% this month, as investors reassess the group's high valuations in the face of rising inflation.</p><p>During Tuesday's session, theCBOE Volatility Index, a measure of fear in the markets derived by option prices on the S&amp;P 500, jumped as high as 23.73, levels not seen in two months.&nbsp;The VIX was higher in early trading Wednesday.</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>Stocks take a hit as trading opens Wednesday, spooked by inflation data</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\">\nStocks take a hit as trading opens Wednesday, spooked by inflation data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-12 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(May 12)&nbsp;Stocks take a hit as trading opens Wednesday, spooked by inflation data.&nbsp;</p><p>The Dow Jones Industrial Average fell more than 150 points, following its worst day since February. The S&amp;P 500 lost 0.6%, while the tech-heavy Nasdaq Composite slid more than 1%.</p><p>Inflation acceleratedat its fastest pace since 2008 last month with the Consumer Price Index spiking 4.2% from a year ago, compared to the Dow Jones estimate for a 3.6% increase. The monthly gain was 0.8%, versus the expected 0.2%.</p><p>Excluding volatile food and energy prices, the core CPI increased 3% from the same period in 2020 and 0.9% on a monthly basis. The respective estimates were 2.3% and 0.3%.</p><p>“The markets have been hovering around all times highs with a lot of the reopening trade already priced in. So it’s not out of the question that the outsized inflation read could bring us back down to earth a bit,” said&nbsp;Mike Loewengart, managing director of investment strategy at E-Trade.</p><p>\"Keep in mind the Fed has made it clear that it won't let inflation increases necessarily sway it from its easy money policies and further any jumps like this could be transitory. So is this a trend? That remains to be seen,\" Loewengart said.</p><p>Tech shares, which have been under pressure this week and this month, were falling in the premarket again Wednesday. Shares of Alphabet, Microsoft, Netflix, Facebook and Apple all traded in the red, while shares of chipmakers Nvidia and AMD were also lower in the premarket.</p><p>Shares tied to the reopening also fell in the premarket. Carnival Corp, Boeing and United Airlines were lower in premarket trading.</p><p>The strength in bank stocks and energy shares in premarket helped support the broader market. JPMorgan rose 1%, while Occidental Petroleum climbed 1.4%. Chevron also traded higher.</p><p>The technology sector pulled off&nbsp;a big intraday reversal&nbsp;in the previous session where the Nasdaq Composite erased a loss north of 2% and ended the day flat. The blue-chip Dow, however, lost more than 450 points to suffer its worst day since February. The S&amp;P 500 slipped 0.9%, but avoided its second straight 1% loss.</p><p>The Technology Select Sector SPDR is off by more than 1% this week and 3% this month, as investors reassess the group's high valuations in the face of rising inflation.</p><p>During Tuesday's session, theCBOE Volatility Index, a measure of fear in the markets derived by option prices on the S&amp;P 500, jumped as high as 23.73, levels not seen in two months.&nbsp;The VIX was higher in early trading Wednesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109603661","content_text":"(May 12) Stocks take a hit as trading opens Wednesday, spooked by inflation data. The Dow Jones Industrial Average fell more than 150 points, following its worst day since February. The S&P 500 lost 0.6%, while the tech-heavy Nasdaq Composite slid more than 1%.Inflation acceleratedat its fastest pace since 2008 last month with the Consumer Price Index spiking 4.2% from a year ago, compared to the Dow Jones estimate for a 3.6% increase. The monthly gain was 0.8%, versus the expected 0.2%.Excluding volatile food and energy prices, the core CPI increased 3% from the same period in 2020 and 0.9% on a monthly basis. The respective estimates were 2.3% and 0.3%.“The markets have been hovering around all times highs with a lot of the reopening trade already priced in. So it’s not out of the question that the outsized inflation read could bring us back down to earth a bit,” said Mike Loewengart, managing director of investment strategy at E-Trade.\"Keep in mind the Fed has made it clear that it won't let inflation increases necessarily sway it from its easy money policies and further any jumps like this could be transitory. So is this a trend? That remains to be seen,\" Loewengart said.Tech shares, which have been under pressure this week and this month, were falling in the premarket again Wednesday. Shares of Alphabet, Microsoft, Netflix, Facebook and Apple all traded in the red, while shares of chipmakers Nvidia and AMD were also lower in the premarket.Shares tied to the reopening also fell in the premarket. Carnival Corp, Boeing and United Airlines were lower in premarket trading.The strength in bank stocks and energy shares in premarket helped support the broader market. JPMorgan rose 1%, while Occidental Petroleum climbed 1.4%. Chevron also traded higher.The technology sector pulled off a big intraday reversal in the previous session where the Nasdaq Composite erased a loss north of 2% and ended the day flat. The blue-chip Dow, however, lost more than 450 points to suffer its worst day since February. The S&P 500 slipped 0.9%, but avoided its second straight 1% loss.The Technology Select Sector SPDR is off by more than 1% this week and 3% this month, as investors reassess the group's high valuations in the face of rising inflation.During Tuesday's session, theCBOE Volatility Index, a measure of fear in the markets derived by option prices on the S&P 500, jumped as high as 23.73, levels not seen in two months. The VIX was higher in early trading Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343263155,"gmtCreate":1617719270677,"gmtModify":1704702242651,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Who needs to innovate when you can copy well","listText":"Who needs to innovate when you can copy well","text":"Who needs to innovate when you can copy well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343263155","repostId":"1108047675","repostType":4,"repost":{"id":"1108047675","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617715748,"share":"https://ttm.financial/m/news/1108047675?lang=&edition=fundamental","pubTime":"2021-04-06 21:29","market":"hk","language":"en","title":"Lei Jun: The price range of the first Xiaomi car is RMB100000-300000","url":"https://stock-news.laohu8.com/highlight/detail?id=1108047675","media":"Tiger Newspress","summary":"Lei Jun, chairman and CEO of Xiaomi group: the first Xiaomi car will be a sedan or SUV, which will b","content":"<p>Lei Jun, chairman and CEO of Xiaomi group: the first Xiaomi car will be a sedan or SUV, which will be discussed again;Today's weibo voting results show that fans want us to be high-end cars, so the price range of the first Xiaomi car is 100000-300000 yuan;More about Xiaomi auto, and I will share more in the future.</p>\n<p><img src=\"https://static.tigerbbs.com/970f164cd5e3afca23b2db561a8e8a2e\" tg-width=\"840\" tg-height=\"470\"></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>Lei Jun: The price range of the first Xiaomi car is RMB100000-300000</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\">\nLei Jun: The price range of the first Xiaomi car is RMB100000-300000\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-06 21:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lei Jun, chairman and CEO of Xiaomi group: the first Xiaomi car will be a sedan or SUV, which will be discussed again;Today's weibo voting results show that fans want us to be high-end cars, so the price range of the first Xiaomi car is 100000-300000 yuan;More about Xiaomi auto, and I will share more in the future.</p>\n<p><img src=\"https://static.tigerbbs.com/970f164cd5e3afca23b2db561a8e8a2e\" tg-width=\"840\" tg-height=\"470\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01810":"小米集团-W","XIACY":"小米集团ADR"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108047675","content_text":"Lei Jun, chairman and CEO of Xiaomi group: the first Xiaomi car will be a sedan or SUV, which will be discussed again;Today's weibo voting results show that fans want us to be high-end cars, so the price range of the first Xiaomi car is 100000-300000 yuan;More about Xiaomi auto, and I will share more in the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349407992,"gmtCreate":1617630360416,"gmtModify":1704701094121,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Dead cat bounce?","listText":"Dead cat bounce?","text":"Dead cat bounce?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349407992","repostId":"1148996410","repostType":4,"repost":{"id":"1148996410","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617629469,"share":"https://ttm.financial/m/news/1148996410?lang=&edition=fundamental","pubTime":"2021-04-05 21:31","market":"us","language":"en","title":"Dow jumps more than 200 points to a record as blowout jobs report boosts confidence","url":"https://stock-news.laohu8.com/highlight/detail?id=1148996410","media":"Tiger Newspress","summary":"U.S. stocks climbed to record highs on Monday as investors cheered a strong bounce in U.S. job growt","content":"<p>U.S. stocks climbed to record highs on Monday as investors cheered a strong bounce in U.S. job growth last month amid accelerating vaccine rollout.</p><p>The Dow Jones Industrial Average rose 235 points to an all-time high. The S&amp;P 500 gained 0.71%, hitting a new intraday record after closing above 4,000 for the first time on Thursday. The tech-heavy Nasdaq Composite climbed 0.86%.</p><p><img src=\"https://static.tigerbbs.com/7c9e7fd11fc7c78f9be863aa4d281b63\" tg-width=\"1080\" tg-height=\"452\" referrerpolicy=\"no-referrer\"></p><p>The Labor Department reported Friday that nonfarm payrolls&nbsp;increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.</p><p>“This reflects the lifting of restrictions, ramp-up in vaccinations and boost provided by the fiscal stimulus,” said Anu Gaggar, senior global investment analyst at Commonwealth Financial Network. “Faster jobs and wage growth can have an upward pressure on prices and test the Fed’s patience with easy monetary policy.”</p><p>Tesla shares popped more than 6% as the electric vehicle company reported&nbsp;production and delivery figures&nbsp;that broadly beat expectations.</p><p>GameStop&nbsp;shares tumbled 10% after the video game retailer said it may sell up to $1 billion worth of stock.</p><p>The stock market is building on its recent strength after&nbsp;President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country’s electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.</p><p>Treasury Secretary Janet Yellen on Monday will push for a global minimum tax in an effort to keep companies from relocating to find lower rates, according to&nbsp;a report from Axios that was confirmed by CNBC.Yellen will address a Chicago Council on Global Affairs conference this morning.</p><p>However, Biden’s plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.</p><p>Republican Sen. Roy Blunt of Missouri on Sunday&nbsp;urged the Biden administration&nbsp;to pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.</p><p>Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden’s plan&nbsp;would not receive Republican support and vowed to oppose the broader Democratic agenda.</p><p>On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 million.</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>Dow jumps more than 200 points to a record as blowout jobs report boosts confidence</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\">\nDow jumps more than 200 points to a record as blowout jobs report boosts confidence\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-05 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks climbed to record highs on Monday as investors cheered a strong bounce in U.S. job growth last month amid accelerating vaccine rollout.</p><p>The Dow Jones Industrial Average rose 235 points to an all-time high. The S&amp;P 500 gained 0.71%, hitting a new intraday record after closing above 4,000 for the first time on Thursday. The tech-heavy Nasdaq Composite climbed 0.86%.</p><p><img src=\"https://static.tigerbbs.com/7c9e7fd11fc7c78f9be863aa4d281b63\" tg-width=\"1080\" tg-height=\"452\" referrerpolicy=\"no-referrer\"></p><p>The Labor Department reported Friday that nonfarm payrolls&nbsp;increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.</p><p>“This reflects the lifting of restrictions, ramp-up in vaccinations and boost provided by the fiscal stimulus,” said Anu Gaggar, senior global investment analyst at Commonwealth Financial Network. “Faster jobs and wage growth can have an upward pressure on prices and test the Fed’s patience with easy monetary policy.”</p><p>Tesla shares popped more than 6% as the electric vehicle company reported&nbsp;production and delivery figures&nbsp;that broadly beat expectations.</p><p>GameStop&nbsp;shares tumbled 10% after the video game retailer said it may sell up to $1 billion worth of stock.</p><p>The stock market is building on its recent strength after&nbsp;President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country’s electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.</p><p>Treasury Secretary Janet Yellen on Monday will push for a global minimum tax in an effort to keep companies from relocating to find lower rates, according to&nbsp;a report from Axios that was confirmed by CNBC.Yellen will address a Chicago Council on Global Affairs conference this morning.</p><p>However, Biden’s plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.</p><p>Republican Sen. Roy Blunt of Missouri on Sunday&nbsp;urged the Biden administration&nbsp;to pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.</p><p>Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden’s plan&nbsp;would not receive Republican support and vowed to oppose the broader Democratic agenda.</p><p>On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","GME":"游戏驿站","TSLA":"特斯拉",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148996410","content_text":"U.S. stocks climbed to record highs on Monday as investors cheered a strong bounce in U.S. job growth last month amid accelerating vaccine rollout.The Dow Jones Industrial Average rose 235 points to an all-time high. The S&P 500 gained 0.71%, hitting a new intraday record after closing above 4,000 for the first time on Thursday. The tech-heavy Nasdaq Composite climbed 0.86%.The Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.“This reflects the lifting of restrictions, ramp-up in vaccinations and boost provided by the fiscal stimulus,” said Anu Gaggar, senior global investment analyst at Commonwealth Financial Network. “Faster jobs and wage growth can have an upward pressure on prices and test the Fed’s patience with easy monetary policy.”Tesla shares popped more than 6% as the electric vehicle company reported production and delivery figures that broadly beat expectations.GameStop shares tumbled 10% after the video game retailer said it may sell up to $1 billion worth of stock.The stock market is building on its recent strength after President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country’s electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.Treasury Secretary Janet Yellen on Monday will push for a global minimum tax in an effort to keep companies from relocating to find lower rates, according to a report from Axios that was confirmed by CNBC.Yellen will address a Chicago Council on Global Affairs conference this morning.However, Biden’s plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.Republican Sen. Roy Blunt of Missouri on Sunday urged the Biden administration to pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden’s plan would not receive Republican support and vowed to oppose the broader Democratic agenda.On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351773015,"gmtCreate":1616636680537,"gmtModify":1704796720017,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"BABA!!&nbsp;","listText":"BABA!!&nbsp;","text":"BABA!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/351773015","repostId":"1193689570","repostType":4,"repost":{"id":"1193689570","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616635457,"share":"https://ttm.financial/m/news/1193689570?lang=&edition=fundamental","pubTime":"2021-03-25 09:24","market":"hk","language":"en","title":"The Hang Seng Index fell 1.04% at the opening. Baidu Group fell more than 9%","url":"https://stock-news.laohu8.com/highlight/detail?id=1193689570","media":"Tiger Newspress","summary":"Hong Kong stocks opened, and the HSI opened 1.04% lower. Technology stocks and Hong Kong local stock","content":"<p>Hong Kong stocks opened, and the HSI opened 1.04% lower. Technology stocks and Hong Kong local stocks continued to fall under pressure. Tencent Holdings opened nearly 4% lower, hitting the 600 Hong Kong dollar mark.</p><p><img src=\"https://static.tigerbbs.com/fabd51f049677ea8ecfac90f9b86bb5f\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Baidu opened 9.09% lower and reported 228 Hong Kong dollars, a record low. The turnover temporarily recorded 77.8 million Hong Kong dollars.</p><p><img src=\"https://static.tigerbbs.com/f36b74df301e2a4ac23e0f02f3c971c2\" tg-width=\"840\" tg-height=\"470\"></p><p>Xiaomi Group fell 4.6%, and its revenue and net profit performance in 2020 fell short of market expectations.</p><p>JD.com and Meituan both fell more than 3%.</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>The Hang Seng Index fell 1.04% at the opening. Baidu Group fell more than 9%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Hang Seng Index fell 1.04% at the opening. Baidu Group fell more than 9%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-25 09:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hong Kong stocks opened, and the HSI opened 1.04% lower. Technology stocks and Hong Kong local stocks continued to fall under pressure. Tencent Holdings opened nearly 4% lower, hitting the 600 Hong Kong dollar mark.</p><p><img src=\"https://static.tigerbbs.com/fabd51f049677ea8ecfac90f9b86bb5f\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Baidu opened 9.09% lower and reported 228 Hong Kong dollars, a record low. The turnover temporarily recorded 77.8 million Hong Kong dollars.</p><p><img src=\"https://static.tigerbbs.com/f36b74df301e2a4ac23e0f02f3c971c2\" tg-width=\"840\" tg-height=\"470\"></p><p>Xiaomi Group fell 4.6%, and its revenue and net profit performance in 2020 fell short of market expectations.</p><p>JD.com and Meituan both fell more than 3%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c1cb237e736a4e03c939622e7b71e8e7","relate_stocks":{"00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193689570","content_text":"Hong Kong stocks opened, and the HSI opened 1.04% lower. Technology stocks and Hong Kong local stocks continued to fall under pressure. Tencent Holdings opened nearly 4% lower, hitting the 600 Hong Kong dollar mark.Baidu opened 9.09% lower and reported 228 Hong Kong dollars, a record low. The turnover temporarily recorded 77.8 million Hong Kong dollars.Xiaomi Group fell 4.6%, and its revenue and net profit performance in 2020 fell short of market expectations.JD.com and Meituan both fell more than 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351188324,"gmtCreate":1616575198768,"gmtModify":1704795846538,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"BABA&nbsp;","listText":"BABA&nbsp;","text":"BABA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/351188324","repostId":"1169203899","repostType":4,"repost":{"id":"1169203899","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616575138,"share":"https://ttm.financial/m/news/1169203899?lang=&edition=fundamental","pubTime":"2021-03-24 16:38","market":"hk","language":"en","title":"Tencent's quarterly profit jumps 175%, above forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=1169203899","media":"Tiger Newspress","summary":"Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating ","content":"<p>Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating 175% rise in quarterly profit.</p><p>Tencent Holdings: in 2020, the annual revenue is 482.064 billion yuan, the market is expected to be 480.401 billion yuan, the same period last year is 377.289 billion yuan; in 2020, the annual net profit is 159.85 billion yuan, the market is expected to be 129.226 billion yuan, the same period last year is 93.31 billion yuan; the combined monthly active accounts of wechat and wechat are 1.23 billion yuan; in 2020, the online game revenue increases by 36% to 156.1 billion yuan.</p><p>Tencent's fourth-quarter revenue was 133.67 billion yuan, a year-on-year increase of 26%, basically in line with market expectations. Net profit in the fourth quarter was 59.302 billion yuan, a year-on-year increase of 175%; non-IFRS net profit was 33.207 billion yuan, a year-on-year increase of 30%.</p><p>In 2020, the revenue of online games will increase by 36% to 156.1 billion yuan; the total revenue of smartphone games and PC client games will be 146.6 billion yuan and 44.6 billion yuan respectively.</p><p>qtrly revenues rmb133,669 million versus rmb105,767 million,qtrly profit attributable rmb59,302 million versus rmb21,582 million,revenues from online advertising increased by 15% to rmb24.7 billion for q4 of 2020.</p><p>Tencent said that the strategic focus of our fintech business is to actively cooperate with regulators, launch compliant and inclusive fintech products with industry partners, and give priority to risk management rather than scale.</p><p><img src=\"https://static.tigerbbs.com/46237e2ef07e8307a381f153a405fbb5\" tg-width=\"1175\" tg-height=\"706\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/70719ea5d884292054cc41597c46870d\" tg-width=\"853\" tg-height=\"683\" referrerpolicy=\"no-referrer\">The following table sets forth  revenues by line of business for the year ended 31 December 2020 and 2019:</p><p><img src=\"https://static.tigerbbs.com/19d452d37839f74b76938efdc88055b2\" tg-width=\"919\" tg-height=\"380\" referrerpolicy=\"no-referrer\"></p><p>－ Revenues from our VAS business increased by 32% to RMB264.2 billion on a yearon-year basis. Online games revenues grew by 36% to RMB156.1 billion. The increase was primarily driven by revenue growth from our smart phone games in both domestic and overseas markets, particularly from titles such as Peacekeeper Elite, Honour of Kings and PUBG Mobile, as well as the full year effect of Supercell consolidation, while our PC client games revenues decreased slightly. Total smart phone games revenues (including smart phone games revenues attributable to our social networks business) were RMB146.6 billion and PC client games revenues were RMB44.6 billion for the year ended 31 December 2020. Social networks revenues increased by 27% to RMB108.1 billion. The increase was primarily due to the consolidation of HUYA’s live broadcast services, revenue growth from our music and video subscription services, as well as growth from our in-game virtual item sales.</p><p>－ Revenues from our Online Advertising business increased by 20% to RMB82.3 billion on a year-on-year basis, benefitting from our platform integration and upgraded algorithms, along with rising demand from advertiser categories such as education, Internet services and eCommerce platforms. Social and others advertising revenues grew by 29% to RMB68.0 billion. The increase was primarily driven by higher advertising revenues from Weixin (primarily Weixin Moments) as a result of its increased inventories, as well as revenue contributions from our mobile advertising network due to our video format advertisements. Media advertising revenues decreased by 8% to RMB14.3 billion. The decrease mainly reflected lower advertising revenues from Tencent Video amid the challenging macro environment and delays to content productions and launches, partly offset by advertising revenue growth from our music streaming apps.</p><p>－Revenues from FinTech and Business Services increased by 26% to RMB128.1 billion on a year-on-year basis. The increase primarily reflected higher revenues from commercial payment, wealth management and Cloud Services, driven by our expanded user base and business scale.</p><p><a href=\"https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0324/2021032400488.pdf\" target=\"_blank\">ANNOUNCEMENT OF THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020</a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent's quarterly profit jumps 175%, above forecast</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\">\nTencent's quarterly profit jumps 175%, above forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-24 16:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating 175% rise in quarterly profit.</p><p>Tencent Holdings: in 2020, the annual revenue is 482.064 billion yuan, the market is expected to be 480.401 billion yuan, the same period last year is 377.289 billion yuan; in 2020, the annual net profit is 159.85 billion yuan, the market is expected to be 129.226 billion yuan, the same period last year is 93.31 billion yuan; the combined monthly active accounts of wechat and wechat are 1.23 billion yuan; in 2020, the online game revenue increases by 36% to 156.1 billion yuan.</p><p>Tencent's fourth-quarter revenue was 133.67 billion yuan, a year-on-year increase of 26%, basically in line with market expectations. Net profit in the fourth quarter was 59.302 billion yuan, a year-on-year increase of 175%; non-IFRS net profit was 33.207 billion yuan, a year-on-year increase of 30%.</p><p>In 2020, the revenue of online games will increase by 36% to 156.1 billion yuan; the total revenue of smartphone games and PC client games will be 146.6 billion yuan and 44.6 billion yuan respectively.</p><p>qtrly revenues rmb133,669 million versus rmb105,767 million,qtrly profit attributable rmb59,302 million versus rmb21,582 million,revenues from online advertising increased by 15% to rmb24.7 billion for q4 of 2020.</p><p>Tencent said that the strategic focus of our fintech business is to actively cooperate with regulators, launch compliant and inclusive fintech products with industry partners, and give priority to risk management rather than scale.</p><p><img src=\"https://static.tigerbbs.com/46237e2ef07e8307a381f153a405fbb5\" tg-width=\"1175\" tg-height=\"706\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/70719ea5d884292054cc41597c46870d\" tg-width=\"853\" tg-height=\"683\" referrerpolicy=\"no-referrer\">The following table sets forth  revenues by line of business for the year ended 31 December 2020 and 2019:</p><p><img src=\"https://static.tigerbbs.com/19d452d37839f74b76938efdc88055b2\" tg-width=\"919\" tg-height=\"380\" referrerpolicy=\"no-referrer\"></p><p>－ Revenues from our VAS business increased by 32% to RMB264.2 billion on a yearon-year basis. Online games revenues grew by 36% to RMB156.1 billion. The increase was primarily driven by revenue growth from our smart phone games in both domestic and overseas markets, particularly from titles such as Peacekeeper Elite, Honour of Kings and PUBG Mobile, as well as the full year effect of Supercell consolidation, while our PC client games revenues decreased slightly. Total smart phone games revenues (including smart phone games revenues attributable to our social networks business) were RMB146.6 billion and PC client games revenues were RMB44.6 billion for the year ended 31 December 2020. Social networks revenues increased by 27% to RMB108.1 billion. The increase was primarily due to the consolidation of HUYA’s live broadcast services, revenue growth from our music and video subscription services, as well as growth from our in-game virtual item sales.</p><p>－ Revenues from our Online Advertising business increased by 20% to RMB82.3 billion on a year-on-year basis, benefitting from our platform integration and upgraded algorithms, along with rising demand from advertiser categories such as education, Internet services and eCommerce platforms. Social and others advertising revenues grew by 29% to RMB68.0 billion. The increase was primarily driven by higher advertising revenues from Weixin (primarily Weixin Moments) as a result of its increased inventories, as well as revenue contributions from our mobile advertising network due to our video format advertisements. Media advertising revenues decreased by 8% to RMB14.3 billion. The decrease mainly reflected lower advertising revenues from Tencent Video amid the challenging macro environment and delays to content productions and launches, partly offset by advertising revenue growth from our music streaming apps.</p><p>－Revenues from FinTech and Business Services increased by 26% to RMB128.1 billion on a year-on-year basis. The increase primarily reflected higher revenues from commercial payment, wealth management and Cloud Services, driven by our expanded user base and business scale.</p><p><a href=\"https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0324/2021032400488.pdf\" target=\"_blank\">ANNOUNCEMENT OF THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e7799eeb7043b8caaf3d109c3b13109e","relate_stocks":{"00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169203899","content_text":"Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating 175% rise in quarterly profit.Tencent Holdings: in 2020, the annual revenue is 482.064 billion yuan, the market is expected to be 480.401 billion yuan, the same period last year is 377.289 billion yuan; in 2020, the annual net profit is 159.85 billion yuan, the market is expected to be 129.226 billion yuan, the same period last year is 93.31 billion yuan; the combined monthly active accounts of wechat and wechat are 1.23 billion yuan; in 2020, the online game revenue increases by 36% to 156.1 billion yuan.Tencent's fourth-quarter revenue was 133.67 billion yuan, a year-on-year increase of 26%, basically in line with market expectations. Net profit in the fourth quarter was 59.302 billion yuan, a year-on-year increase of 175%; non-IFRS net profit was 33.207 billion yuan, a year-on-year increase of 30%.In 2020, the revenue of online games will increase by 36% to 156.1 billion yuan; the total revenue of smartphone games and PC client games will be 146.6 billion yuan and 44.6 billion yuan respectively.qtrly revenues rmb133,669 million versus rmb105,767 million,qtrly profit attributable rmb59,302 million versus rmb21,582 million,revenues from online advertising increased by 15% to rmb24.7 billion for q4 of 2020.Tencent said that the strategic focus of our fintech business is to actively cooperate with regulators, launch compliant and inclusive fintech products with industry partners, and give priority to risk management rather than scale.The following table sets forth  revenues by line of business for the year ended 31 December 2020 and 2019:－ Revenues from our VAS business increased by 32% to RMB264.2 billion on a yearon-year basis. Online games revenues grew by 36% to RMB156.1 billion. The increase was primarily driven by revenue growth from our smart phone games in both domestic and overseas markets, particularly from titles such as Peacekeeper Elite, Honour of Kings and PUBG Mobile, as well as the full year effect of Supercell consolidation, while our PC client games revenues decreased slightly. Total smart phone games revenues (including smart phone games revenues attributable to our social networks business) were RMB146.6 billion and PC client games revenues were RMB44.6 billion for the year ended 31 December 2020. Social networks revenues increased by 27% to RMB108.1 billion. The increase was primarily due to the consolidation of HUYA’s live broadcast services, revenue growth from our music and video subscription services, as well as growth from our in-game virtual item sales.－ Revenues from our Online Advertising business increased by 20% to RMB82.3 billion on a year-on-year basis, benefitting from our platform integration and upgraded algorithms, along with rising demand from advertiser categories such as education, Internet services and eCommerce platforms. Social and others advertising revenues grew by 29% to RMB68.0 billion. The increase was primarily driven by higher advertising revenues from Weixin (primarily Weixin Moments) as a result of its increased inventories, as well as revenue contributions from our mobile advertising network due to our video format advertisements. Media advertising revenues decreased by 8% to RMB14.3 billion. The decrease mainly reflected lower advertising revenues from Tencent Video amid the challenging macro environment and delays to content productions and launches, partly offset by advertising revenue growth from our music streaming apps.－Revenues from FinTech and Business Services increased by 26% to RMB128.1 billion on a year-on-year basis. The increase primarily reflected higher revenues from commercial payment, wealth management and Cloud Services, driven by our expanded user base and business scale.ANNOUNCEMENT OF THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130879326,"gmtCreate":1621526547365,"gmtModify":1704359174771,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"One of the most solid tech companies. Must have in your port. Wait for another decent correction","listText":"One of the most solid tech companies. Must have in your port. Wait for another decent correction","text":"One of the most solid tech companies. Must have in your port. Wait for another decent correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130879326","repostId":"2136924532","repostType":4,"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103547558,"gmtCreate":1619796315774,"gmtModify":1704272557760,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Amazing. Big tech will always win&nbsp;","listText":"Amazing. Big tech will always win&nbsp;","text":"Amazing. Big tech will always win","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103547558","repostId":"1199870015","repostType":4,"repost":{"id":"1199870015","kind":"news","pubTimestamp":1619786210,"share":"https://ttm.financial/m/news/1199870015?lang=&edition=fundamental","pubTime":"2021-04-30 20:36","market":"us","language":"en","title":"The tech giants showed how dominant they are this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1199870015","media":"CNBC","summary":"In many cases, relatively small business units buried within the giants are generating more revenue ","content":"<div>\n<p>In many cases, relatively small business units buried within the giants are generating more revenue than entire big-name tech companies.These tech giants turn the law of large numbers on its head.The ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/tech-giants-q1-earnings-showed-dominance-amzn-aapl-googl-fb-msft.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>The tech giants showed how dominant they are this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe tech giants showed how dominant they are this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/30/tech-giants-q1-earnings-showed-dominance-amzn-aapl-googl-fb-msft.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In many cases, relatively small business units buried within the giants are generating more revenue than entire big-name tech companies.These tech giants turn the law of large numbers on its head.The ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/30/tech-giants-q1-earnings-showed-dominance-amzn-aapl-googl-fb-msft.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A","AAPL":"苹果","AMZN":"亚马逊","MSFT":"微软"},"source_url":"https://www.cnbc.com/2021/04/30/tech-giants-q1-earnings-showed-dominance-amzn-aapl-googl-fb-msft.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1199870015","content_text":"In many cases, relatively small business units buried within the giants are generating more revenue than entire big-name tech companies.These tech giants turn the law of large numbers on its head.The tech industry is really two industries. There are the five giants, which operate at an almost unimaginable scale, and then there's everybody else.Alphabet, Amazon, Apple, Facebook and Microsoft all reported March quarter earnings this week, and some of the numbers that came out showed how dominant they are. In many cases, relatively small business units buried within the giants are generating more revenue than entire big-name tech companies.For instance:Google’s YouTubeison trackto generate as much revenue this year asNetflix— once dubbed a peer in the collection of “FAANG” stocks. Yet, YouTube is a relatively small business forGoogle, accounting for only 13% of its advertising revenue. Meanwhile, parent company Alphabetgained another $4.5 billionfrom an increase in the value of investments it’s made in start-ups over the last decade, as many of those start-ups have gone public or raised new rounds at dramatically higher valuations.Amazon’s advertisingbusiness generated close to $7 billion during the quarter, and its growth rate is accelerating. That’s nearlyseven times as muchas all ofTwitter, but it’s barely noticeable against Amazon’stotal quarterly revenueof over $108 billion. Meanwhile, the company’s cloud computing business,Amazon Web Services, generated more revenue in the first quarter of 2021 than all ofOracledid in itsfiscal third quarter, which ended Feb. 28.Microsoft’s LinkedInhas bookedmore than $3 billion in ad revenueduring the last year, which is more than the entirety ofSnaporPinterest. But that’s a drop in the bucket forMicrosoft, which has booked over $121 billion in the last nine months alone.Apple’s gadget business,dubbed “Wearables, Home and Accessories” and consisting of Apple Watch, audio add-ons like AirPods and HomePods, and other home devices like Apple TV, booked more than $7.8 billion in the quarter ended Mar. 31. That’s more thanHP’s laptop businessgenerated in its quarter ended Jan. 31— which, unlike Apple’s quarter, encompassed the holiday buying season. Yet it only accounted for 8.7% of Apple’s overall sales. Apple’s iPhone business, meanwhile, is truly in a class by itself — it generated more revenues than all of Microsoft, as has been the case for years.Facebookdoesn’t break out the performance of its business units, making it hard to get a feel for how they stack up against stand-alone competitors. But the company says 2.7 billion people use one of its apps every day, and 3.4 billion people use them at least once a month, making it equal in scale to these other giants, even if it’s the only one with a market cap still under $1 trillion. Bloomberg hasreportedthat Instagram generated $20 billion in ad revenue in 2019, putting it among the biggest digital advertising properties in the world — and well ahead of social media competitors like Snap, Pinterest and Twitter.The law of large numbers turned on its headTypically in business, companies run into the “law of large numbers,” and growth rates slow. Conventional wisdom dictates that generating $500 million in new revenue is a lot harder than generating $50 million, so by mathematical law, it’s harder to grow 50% from $1 billion than from $100 million.But the nature of technology platforms turns that law on its head. When a tech business achieves truly massive scale — and all of these companies have multiple businesses that reach more than one billion customers — it’s easier to grow by collecting additional streams of revenue from a massive installed base than it is to invent new business areas from scratch or steal customers from bigger competitors.These giants can take the data from their already massive operations to learn about their customers and sell them new products effectively. They can leverage existing customer relationships to sell add-on products. They can use their cash flow or stock tobuy promising new upstartsand, if they decline,clone them.Nothing makes a dent. They brush off congressional hearings, fines from regulators, antitrust investigations, complaints from disgruntled employees, unionization drives and negative press like so many mosquitoes. When the Covid pandemic slammed into the economy and shut down most of the world, they thrived. Now that Covid is easing up in the U.S., they...continue to thrive.Smaller tech companies offer bigger opportunities for growth and returns over the long term. But if investors are looking for investments with the safety of U.S. government bonds and the prospect of at least some future growth, there is no investment class like the tech giants.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345227441,"gmtCreate":1618320807683,"gmtModify":1704709087462,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Still way undervalued!&nbsp;","listText":"Still way undervalued!&nbsp;","text":"Still way undervalued!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/345227441","repostId":"1101127164","repostType":4,"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178827078,"gmtCreate":1626799246394,"gmtModify":1703765505837,"author":{"id":"3575719295092987","authorId":"3575719295092987","name":"darrentanjm","avatar":"https://static.tigerbbs.com/db13c0920fa0c70b27d1ad93e31c4979","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575719295092987","authorIdStr":"3575719295092987"},"themes":[],"htmlText":"Embrace the crash&nbsp;","listText":"Embrace the crash&nbsp;","text":"Embrace the crash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178827078","repostId":"1188133258","repostType":4,"isVote":1,"tweetType":1,"viewCount":384,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}