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2022-12-24

$Nasdaq100 Bull 3X ETF(TQQQ)$ btw bullish trend

2023-09-20

$NIO Inc.(NIO)$ I'm capitalist invest with intelligent, when people panic you should greed . Simple as that

2022-09-19

good to see that . So that the company have more cash holdings and implement somewhere else

Sea Plans to Fire 3% of Shopee Indonesia Staff

2023-09-26

Apple

From my own perspective Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .

01-17

Ross gerder wasnt a good fund manager haha

Ross Gerber Says Elon Musk Should Buy Tesla Stock "Like Rest Of Us" If He Wants 25% Voting Rights

2023-09-26

Bearish

Once Again "Apple's Best Days Seem Behind", But I Disagree

2023-06-19

Later at night up again lol

NIO: Time To Bail Out?

05-17

Millionaires creator share

2023-05-09

Happy

2022-04-06

$Rivian Automotive, Inc.(RIVN)$This is damn sucks

2021-04-19

People who wrote this is truly a Joker !We 00 90 see themselves in 2040 Using crypto for daily life Writer Using paper notes playing monopoly hahaha

Forget Dogecoin: These 3 Stocks Are Much Smarter Buys

Go to Tiger App to see more news

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haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264090422554752","repostId":"1143612163","repostType":2,"repost":{"id":"1143612163","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":1705494600,"share":"https://ttm.financial/m/news/1143612163?lang=&edition=fundamental","pubTime":"2024-01-17 20:30","market":"us","language":"en","title":"Ross Gerber Says Elon Musk Should Buy Tesla Stock \"Like Rest Of Us\" If He Wants 25% Voting Rights","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612163","media":"Benzinga","summary":"ZINGER KEY POINTSMusk has said he feels \"uncomfortable\" steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.Despite Musk's desire for more influence, Gerber argued","content":"<html><head></head><body><h4 id=\"id_750125108\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Musk has said he feels &#34;uncomfortable&#34; steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.</p></li><li><p>Despite Musk&#39;s desire for more influence, Gerber argued that additional control seems unnecessary.</p></li><li><p>&#34;Nobody has any influence over Tesla except Elon, and so, I don&#39;t know what he is talking about,&#34; Gerber said.</p></li></ul><p><strong>Ross Gerber</strong>, President and CEO of <strong>Gerber Kawasaki Wealth and Investment Management</strong> and a <strong>Tesla Inc</strong> TSLA investor, reflected on <strong>Elon Musk</strong>‘s request for a 25% voting stake in the company on Wednesday.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> In an interview with Yahoo Finance, Gerber expressed his view, stating, “I think he should buy the stock. I think he should use his money and buy Tesla for like $25 or $30 billion like the rest of us.” </p><p style=\"text-align: start;\">He found the idea of shareholders granting Musk $30 billion worth of stock confusing, emphasizing that, as the CEO, Musk’s “fiduciary duty” is to transform Tesla into an AI/robotics company—a task for which he has already been compensated $50 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab959455df6ba83eaa75fd7c5a5e96e9\" tg-width=\"829\" tg-height=\"903\"/></p><p><strong>Musk’s Stance:</strong> Musk mentioned on X on Monday that he feels “uncomfortable” steering Tesla toward becoming a leader in AI/robotics without possessing around 25% voting control. He indicated a preference for developing products outside of Tesla unless he attained this level of control.</p><p style=\"text-align: start;\"><strong>Gerber’s Perspective:</strong> Despite Musk’s desire for more influence, Gerber argued that additional control seems unnecessary, given that Musk is currently the sole influential figure at Tesla, with his friends and family occupying positions on the board of directors. </p><p style=\"text-align: start;\">Gerber stated, “Nobody has any influence over Tesla except Elon, and so, I don’t know what he is talking about. Tesla is the closest thing to a private company as a public company.”</p><p><strong>Musk’s Stake:</strong> As of now, Musk holds over 411 million shares in Tesla, constituting approximately a 13% stake.</p><p style=\"text-align: start;\"><strong>Price Action:</strong> According to data from Benzinga Pro, Tesla shares closed up 0.5% at $219.91 on Tuesday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ross Gerber Says Elon Musk Should Buy Tesla Stock \"Like Rest Of Us\" If He Wants 25% Voting Rights</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\">\nRoss Gerber Says Elon Musk Should Buy Tesla Stock \"Like Rest Of Us\" If He Wants 25% Voting Rights\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\">2024-01-17 20:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_750125108\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Musk has said he feels &#34;uncomfortable&#34; steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.</p></li><li><p>Despite Musk&#39;s desire for more influence, Gerber argued that additional control seems unnecessary.</p></li><li><p>&#34;Nobody has any influence over Tesla except Elon, and so, I don&#39;t know what he is talking about,&#34; Gerber said.</p></li></ul><p><strong>Ross Gerber</strong>, President and CEO of <strong>Gerber Kawasaki Wealth and Investment Management</strong> and a <strong>Tesla Inc</strong> TSLA investor, reflected on <strong>Elon Musk</strong>‘s request for a 25% voting stake in the company on Wednesday.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> In an interview with Yahoo Finance, Gerber expressed his view, stating, “I think he should buy the stock. I think he should use his money and buy Tesla for like $25 or $30 billion like the rest of us.” </p><p style=\"text-align: start;\">He found the idea of shareholders granting Musk $30 billion worth of stock confusing, emphasizing that, as the CEO, Musk’s “fiduciary duty” is to transform Tesla into an AI/robotics company—a task for which he has already been compensated $50 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab959455df6ba83eaa75fd7c5a5e96e9\" tg-width=\"829\" tg-height=\"903\"/></p><p><strong>Musk’s Stance:</strong> Musk mentioned on X on Monday that he feels “uncomfortable” steering Tesla toward becoming a leader in AI/robotics without possessing around 25% voting control. He indicated a preference for developing products outside of Tesla unless he attained this level of control.</p><p style=\"text-align: start;\"><strong>Gerber’s Perspective:</strong> Despite Musk’s desire for more influence, Gerber argued that additional control seems unnecessary, given that Musk is currently the sole influential figure at Tesla, with his friends and family occupying positions on the board of directors. </p><p style=\"text-align: start;\">Gerber stated, “Nobody has any influence over Tesla except Elon, and so, I don’t know what he is talking about. Tesla is the closest thing to a private company as a public company.”</p><p><strong>Musk’s Stake:</strong> As of now, Musk holds over 411 million shares in Tesla, constituting approximately a 13% stake.</p><p style=\"text-align: start;\"><strong>Price Action:</strong> According to data from Benzinga Pro, Tesla shares closed up 0.5% at $219.91 on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612163","content_text":"ZINGER KEY POINTSMusk has said he feels \"uncomfortable\" steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.Despite Musk's desire for more influence, Gerber argued that additional control seems unnecessary.\"Nobody has any influence over Tesla except Elon, and so, I don't know what he is talking about,\" Gerber said.Ross Gerber, President and CEO of Gerber Kawasaki Wealth and Investment Management and a Tesla Inc TSLA investor, reflected on Elon Musk‘s request for a 25% voting stake in the company on Wednesday.What Happened: In an interview with Yahoo Finance, Gerber expressed his view, stating, “I think he should buy the stock. I think he should use his money and buy Tesla for like $25 or $30 billion like the rest of us.” He found the idea of shareholders granting Musk $30 billion worth of stock confusing, emphasizing that, as the CEO, Musk’s “fiduciary duty” is to transform Tesla into an AI/robotics company—a task for which he has already been compensated $50 billion.Musk’s Stance: Musk mentioned on X on Monday that he feels “uncomfortable” steering Tesla toward becoming a leader in AI/robotics without possessing around 25% voting control. He indicated a preference for developing products outside of Tesla unless he attained this level of control.Gerber’s Perspective: Despite Musk’s desire for more influence, Gerber argued that additional control seems unnecessary, given that Musk is currently the sole influential figure at Tesla, with his friends and family occupying positions on the board of directors. Gerber stated, “Nobody has any influence over Tesla except Elon, and so, I don’t know what he is talking about. Tesla is the closest thing to a private company as a public company.”Musk’s Stake: As of now, Musk holds over 411 million shares in Tesla, constituting approximately a 13% stake.Price Action: According to data from Benzinga Pro, Tesla shares closed up 0.5% at $219.91 on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224015202160768,"gmtCreate":1695728788210,"gmtModify":1695728794079,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"title":"Apple ","htmlText":"From my own perspective&nbsp; Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .&nbsp;","listText":"From my own perspective&nbsp; Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .&nbsp;","text":"From my own perspective Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224015202160768","isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":223922637832256,"gmtCreate":1695706280916,"gmtModify":1695706284667,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"Bearish&nbsp;","listText":"Bearish&nbsp;","text":"Bearish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223922637832256","repostId":"2370257737","repostType":2,"repost":{"id":"2370257737","pubTimestamp":1695698028,"share":"https://ttm.financial/m/news/2370257737?lang=&edition=fundamental","pubTime":"2023-09-26 11:13","market":"us","language":"en","title":"Once Again \"Apple's Best Days Seem Behind\", But I Disagree","url":"https://stock-news.laohu8.com/highlight/detail?id=2370257737","media":"Seeking Alpha","summary":"Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of t","content":"<html><head></head><body><ul style=\"\"><li><p>Apple is once again hit by the narrative seeing its best days behind.</p></li><li><p>Concerning news have caused a pullback.</p></li><li><p>Yet, if we look at what the company can deliver over the next decade, the present value of the discounted free cash flows is staggering.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b818a6be82a01d739c6291e81b56232e\" alt=\"Justin Sullivan/Getty Images News\" title=\"Justin Sullivan/Getty Images News\" tg-width=\"750\" tg-height=\"538\"/><span>Justin Sullivan/Getty Images News</span></p><h2 id=\"id_2487287747\">Introduction</h2><p>For the first time since I have been a Seeking Alpha user, I am seeing quite a bit of controversy on Apple (NASDAQ:AAPL). Ratings range from sell to buy every day, while until a few months ago, the consensus I usually saw was to go long this stock. As an investor who has Apple as its second largest holding, I have gone over my investment to check if the reasons I started it are still there or not.</p><h2 id=\"id_3421410024\">Recent concerns</h2><p>There has been a lot going on:</p><ul style=\"\"><li><p>China banned the use of iPhones to government employees.</p></li><li><p>France halted the sales of iPhone 12 because of concerns related to radiation levels.</p></li><li><p>Disappointment as Apple debuted iPhone 15 and iPhone 15 Plus.</p></li><li><p>Mixed takes over iPhone sales</p></li><li><p>Expensive valuation</p></li></ul><p>Regarding iPhone 15 sales, we have seen UBS saying initial demand for iPhone was mixed at best, while Wedbush sees very strong demand, just like CNN reported.</p><p>At the same time, Apple keeps on talking very little about AI during its earnings calls or events, ruling itself out of the AI-frenzy that has pushed the market up in the first half of the year. To be fair, Apple does talk about machine learning, but this seems less catchy than AI.</p><p>In addition, even the release of the Vision Pro didn&#39;t excite the market. Furthermore, current estimates see Apple&#39;s revenue declining this year and then grow at an 8% CAGR for the rest of the decade. According to many, Apple is becoming a stalwart, not growing anymore at a pace that justifies its valuation.</p><p>Yes, valuation is understandably a major concern. In fact, most people agree in considering Apple a great company, way better than the average one. However, investors start debating when it comes to valuation. Seeking Alpha Quant Rating gives Apple an F as a valuation grade. Yet, its 28.7 fwd PE is rated with a C, as well as its fwd price/FCF now at 23.7.</p><h2 id=\"id_3414207\">And Yet...</h2><p>Following the news of the ban in China, the stock dropped several percentage points. And yet, as soon as the iPhone 15 was available people in China flocked to the Apple stores.</p><p>The issue in France will lead Apple to provide an iPhone 12 software update. But we should also know that, on average, only 30% of iPhone users hold on to their phone three years or longer. Since the iPhone 12 was released in September 2020, in the next year around 70% of those who purchased in its first year of release should be upgrading to a new version which will likely be the iPhone 15.</p><p>In the most recent earnings call, Apple&#39;s CFO Luca Maestri openly said that the company&#39;s installed base counts more than 2 billion active devices establishing &#34;a solid foundation for the future expansion of the ecosystem&#34;.</p><p>Customer engagement is growing as there are more transacting accounts and paid accounts. Another 150 million paid subscriptions were added in the last 12 months, a 2x in just 3 years.</p><p>Apple&#39;s valuation seems expensive, but when we look at the FCF Yield, we see a very interesting 3.9%, which, all of a sudden, doesn&#39;t make the stock seem that expensive, even when factoring in SBCs.</p><h2 id=\"id_2990448883\">Why I am invested in Apple</h2><p>The aforementioned concerns are all over the media. YouTube is no different. Even on Seeking Alpha, sell ratings have increased.</p><p>It seems like it takes some guts to be bullish on Apple right now.</p><p>Therefore, I want to go over my bull-case to see if it is still intact.</p><p>Here are the main reasons I picked Apple at first and continued accumulating more shares from time to time:</p><ol start=\"1\" style=\"\"><li><p>Apple has the stickiest ecosystem I am aware of. In fact, at first I was weary of Apple&#39;s products and didn&#39;t want to buy one in order to be free from switching one. Then around 10 years ago, I got an iPhone as a present. From then on, I experienced firsthand a much better product and haven&#39;t even thought of switching phone, if not to upgrade my iPhone (usually every 4 years).</p></li><li><p>Apple&#39;s installed base makes its newer and growing service business unique. In fact, being a hardware manufacturer leads to a one-of-a-kind control on the services monetizing the hardware. Meta (META) knows well what we are talking about.</p></li><li><p>Though it seems from one version to the next of each product there is not much innovation, throughout these years Apple&#39;s products have been improved a lot up to the point we start to understand how the Apple Watch could be a game-changer in healthcare. I like Apple&#39;s approach to its products: they are released only when they can be perceived as the top. We will see if the Apple car will ever come to light, but we can bet that if it does, it will be a tough competitor for Tesla (TSLA) and other innovative carmakers.</p></li><li><p>Apple has always been financially disciplined, unlike Google (GOOGL, GOOG) has been until recently. The way it manages stock-based-compensation is a clear example because the company is able to preserve its FCF.</p></li><li><p>In addition to this fourth point, Apple has a clear cash-management strategy it is pursuing. Companies such as Apple sit on a lot of idle cash. This is why Apple is targeting cash neutrality, meaning it wants to have as much cash as debt.</p></li><li><p>To do this, Apple is returning a lot of cash through dividends and, most importantly, huge buybacks of about $90 billion per year, as of late. Many investors believe that, once Apple will reach cash neutrality it will significantly reduce buybacks. I have written an article where I show why I think this won&#39;t happen (Apple: Why Buybacks Won&#39;t Stop Once It Reaches Cash Neutrality) trying to imagine how much FCF Apple will generate by then.</p></li><li><p>Though the largest company in the market and though it is a mature company, Apple&#39;s growth rate keeps on being forecasted around 8-10%. This is top-line growth. In the meantime, Apple&#39;s margins have generally been growing. As Apple enters the fintech space and grows its services there, too, it is reasonable to expect higher margins down the road, in line with the overall trend shown below.</p></li></ol><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fc3e96ac22287be955a0508f36e5750\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"417\"/><span>Data by YCharts</span></p><h2 id=\"id_809695492\">The Category Apple Belongs To</h2><p>Clearly, Apple belongs to big tech. Its industry is technology, no doubt. And yet, the more I look at Apple, the more I come to consider it as a different type of company.</p><p>It is a breed of its own because it can be seen as a consumer defensive stock and a luxury stock at the same time.</p><p>Let me explain why.</p><p>To me, the best consumer defensive company I know of is Costco (COST). Consumer defensive companies produce and/or distribute consumer staples. These are goods consumers will have to buy out of necessity, regardless of economic conditions. Because of this, investors usually bid up consumer staples multiples given their stability in earnings. In particular, these multiples go up during time of uncertainties or when recessions are looming on the horizon. Now, I dare say Apple is a consumer defensive company too. In fact, as Warren Buffett said, people would rather give up a second car than their iPhone. The iPhone, in particular, has become a good consumers want to have. Actually, as far as I see it, it is not that inappropriate to see that consumers even crave the iPhone.</p><p>But the paradox lies here: the iPhone is a top tier product among smartphones. In its category, it is a luxury item and it is priced accordingly. The same is true for iPads, Macs, AirPods and the rest of Apple product lineup. Apple doesn&#39;t throw out a product unless it can be at the vertex of its category. Therefore, Apple enjoys premiums margins, just like luxury goods producers do. I have come to understanding Apple as a luxury manufacturer through my research on Ferrari (RACE). Part of the strategy between the two companies is similar and it is what makes both of them belong to luxury: they sell only top tier products.</p><p>Just like Costco, Apple is relying more and more on subscriptions. Costco attracts customers by selling goods almost at cost. Apple attracts customers in another way and in this it is more similar to Ferrari. It sells premium goods that make their owners feel good because they have purchased the best and most expensive available product.</p><p>Apple leverages its installed based as it is monetizing it more and more. In other words, Apple considers its sold devices not only as product sales revenue, but also as the key to earn more money from its users during the device lifetime. This is why Apple has started breaking down its revenue between products and services. And, guess what, while product revenue from time to time stagnates, services revenue goes up, just like we saw in the 3Q report. Products net sales decreased from $63.3 billion in 3Q 2022 to $60.6 billion this year (-4.3%). At the same time, services grew from $19.6 billion to $21.2 billion (+8.2%).</p><h2 id=\"id_1284415901\">Seeking recurrent revenue</h2><p>Back in March 2022, Bloomberg reported that Apple is working on a hardware subscription service for the iPhone which would not be equal to the full price split over 24 months, but that would really offer a new way of becoming an iPhone user. However, while this news is promising, we don&#39;t have enough data to make a forecast of the positive impact if will have on Apple.</p><p>Now, in 2016, the average Apple user was estimated to pay $1 per day for hardware and services. According to Katy Huberty, an Apple analyst, in 2022 the average user spent $280 per year on Apple hardware and an additional $69 on services.</p><p>According to the analyst Woodring, Apple users will spend in a few years $2 per day on Apple products or services. At the end of Q3 2023, Apple reported 1 billion paid subscriptions. This means that Apple will see a daily revenue of at least $2 billion, which leads to an annual revenue of $730 billion only from subscriptions, compared to the $394 billion in total sales the company reported for FY 2022.</p><p>Are investors pricing a 2x in sales in a few years? Apple trades at a price/sales ratio of 7. It means Apple&#39;s sales for the next seven years should equal today&#39;s market cap. Assuming sales will stay flat at $400 billion, we have exactly $2.8 trillion in 7 years, which is the current market cap. Therefore, on a price/sales ratio, Apple will only need to increase by a couple of percentage points its top-line and today&#39;s price will seem cheap.</p><h2 id=\"id_51013887\">Valuation</h2><p>Apple has had a nice run this year, with the stock moving all the way from the $120s to almost $200 before it retraced in the $170s.</p><p>What I want to do here is to show why I am not at all concerned with today&#39;s valuation, which I actually think to be fair, if not still a bit cheap. I plan on holding Apple for many decades and possibly hand over my holding to my children.</p><p>I ran two different DCF models. The first one focuses on the next five years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/70859ee6607e6e76829a3d93d8ed9d49\" alt=\"Author, with estimates and TTM data from SA\" title=\"Author, with estimates and TTM data from SA\" tg-width=\"640\" tg-height=\"190\"/><span>Author, with estimates and TTM data from SA</span></p><p>Forecasting a FCF growth around 9% and discounting it at 7.80% (Apple&#39;s WACC is calculated to be 8.80% but I took off one percentage point to award the company a premium), I actually happen to find Apple&#39;s fair price at $200, which gives us already a nice $25 upside (14%). I usually consider a range of +/- 15 percentage points to be the fair price range.</p><p>But let&#39;s zoom out and try to look at what could happen over the next ten years. Here I start from the top-line and then calculate the EBITDA. From here I subtract capex, interest expenses and taxes to get a rough estimate of the generated free cash flow.</p><p>I stayed a bit more conservative and assumed a 7% revenue growth. Estimates are usually above this. I also chose to keep EBITDA margins flat at 33%, even though Apple should see its margins widen as its service business picks up speed. Even on the tax rate I have exceeded because Apple is usually able to pay well below 20%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e348a05637dbf18792966899a82ebff3\" alt=\"Author\" title=\"Author\" tg-width=\"640\" tg-height=\"327\"/><span>Author</span></p><p>In any case, let&#39;s look at some numbers and see if they are really concerning. Apple currently has a $2.7 trillion market cap. In the next decade it should generated at least $1.3 trillion in free cash flow. If we add in the terminal value (forecasted FCF of 2034 / discount rate - perpetual growth rate) we have a DCF value of almost $6.5 trillion. I am not kidding when I do believe Apple can reach this market cap within the decade. I actually believe we will see even better numbers than the ones in this model as Apple over the long-term usually overdelivers.</p><h2 id=\"id_774028483\">Conclusion</h2><p>Can Apple 2x once again? Yes. Will it happen soon? Maybe not. Will Apple over the long-term generate an enormous amount of FCF? Yes. Is this really at risk? Not particularly. Is there a specific reason to worry about Apple&#39;s business and its trajectory? I don&#39;t see any substantial weakness in the company. Is there a real threat to Apple&#39;s brand appeal and its dominance? No.</p><p>There are times when much buzz is made around a stock. People will sell it out of fear and it will probably be Apple itself that will buy those shares from them.</p><p>Patience is key in investing. Being invested in Apple requires some patience to let it compound year after year. As for me, I think Apple will do just fine and I am actually considering this new dip as another opportunity to buy a few more shares.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Once Again \"Apple's Best Days Seem Behind\", But I Disagree</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\">\nOnce Again \"Apple's Best Days Seem Behind\", But I Disagree\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-26 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4637072-once-again-apples-best-days-seem-behind-but-i-disagree><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4637072-once-again-apples-best-days-seem-behind-but-i-disagree\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0823411888.USD":"法巴消费创新基金 Cap","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4501":"段永平概念","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0080751232.USD":"富达环球多元动力基金A","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4505":"高瓴资本持仓","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4504":"桥水持仓","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4099":"汽车制造商","LU0823414478.USD":"法巴经典能源转换基金","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","AAPL":"苹果","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","BK4592":"伊斯兰概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4507":"流媒体概念","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc"},"source_url":"https://seekingalpha.com/article/4637072-once-again-apples-best-days-seem-behind-but-i-disagree","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2370257737","content_text":"Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of the discounted free cash flows is staggering.Justin Sullivan/Getty Images NewsIntroductionFor the first time since I have been a Seeking Alpha user, I am seeing quite a bit of controversy on Apple (NASDAQ:AAPL). Ratings range from sell to buy every day, while until a few months ago, the consensus I usually saw was to go long this stock. As an investor who has Apple as its second largest holding, I have gone over my investment to check if the reasons I started it are still there or not.Recent concernsThere has been a lot going on:China banned the use of iPhones to government employees.France halted the sales of iPhone 12 because of concerns related to radiation levels.Disappointment as Apple debuted iPhone 15 and iPhone 15 Plus.Mixed takes over iPhone salesExpensive valuationRegarding iPhone 15 sales, we have seen UBS saying initial demand for iPhone was mixed at best, while Wedbush sees very strong demand, just like CNN reported.At the same time, Apple keeps on talking very little about AI during its earnings calls or events, ruling itself out of the AI-frenzy that has pushed the market up in the first half of the year. To be fair, Apple does talk about machine learning, but this seems less catchy than AI.In addition, even the release of the Vision Pro didn't excite the market. Furthermore, current estimates see Apple's revenue declining this year and then grow at an 8% CAGR for the rest of the decade. According to many, Apple is becoming a stalwart, not growing anymore at a pace that justifies its valuation.Yes, valuation is understandably a major concern. In fact, most people agree in considering Apple a great company, way better than the average one. However, investors start debating when it comes to valuation. Seeking Alpha Quant Rating gives Apple an F as a valuation grade. Yet, its 28.7 fwd PE is rated with a C, as well as its fwd price/FCF now at 23.7.And Yet...Following the news of the ban in China, the stock dropped several percentage points. And yet, as soon as the iPhone 15 was available people in China flocked to the Apple stores.The issue in France will lead Apple to provide an iPhone 12 software update. But we should also know that, on average, only 30% of iPhone users hold on to their phone three years or longer. Since the iPhone 12 was released in September 2020, in the next year around 70% of those who purchased in its first year of release should be upgrading to a new version which will likely be the iPhone 15.In the most recent earnings call, Apple's CFO Luca Maestri openly said that the company's installed base counts more than 2 billion active devices establishing \"a solid foundation for the future expansion of the ecosystem\".Customer engagement is growing as there are more transacting accounts and paid accounts. Another 150 million paid subscriptions were added in the last 12 months, a 2x in just 3 years.Apple's valuation seems expensive, but when we look at the FCF Yield, we see a very interesting 3.9%, which, all of a sudden, doesn't make the stock seem that expensive, even when factoring in SBCs.Why I am invested in AppleThe aforementioned concerns are all over the media. YouTube is no different. Even on Seeking Alpha, sell ratings have increased.It seems like it takes some guts to be bullish on Apple right now.Therefore, I want to go over my bull-case to see if it is still intact.Here are the main reasons I picked Apple at first and continued accumulating more shares from time to time:Apple has the stickiest ecosystem I am aware of. In fact, at first I was weary of Apple's products and didn't want to buy one in order to be free from switching one. Then around 10 years ago, I got an iPhone as a present. From then on, I experienced firsthand a much better product and haven't even thought of switching phone, if not to upgrade my iPhone (usually every 4 years).Apple's installed base makes its newer and growing service business unique. In fact, being a hardware manufacturer leads to a one-of-a-kind control on the services monetizing the hardware. Meta (META) knows well what we are talking about.Though it seems from one version to the next of each product there is not much innovation, throughout these years Apple's products have been improved a lot up to the point we start to understand how the Apple Watch could be a game-changer in healthcare. I like Apple's approach to its products: they are released only when they can be perceived as the top. We will see if the Apple car will ever come to light, but we can bet that if it does, it will be a tough competitor for Tesla (TSLA) and other innovative carmakers.Apple has always been financially disciplined, unlike Google (GOOGL, GOOG) has been until recently. The way it manages stock-based-compensation is a clear example because the company is able to preserve its FCF.In addition to this fourth point, Apple has a clear cash-management strategy it is pursuing. Companies such as Apple sit on a lot of idle cash. This is why Apple is targeting cash neutrality, meaning it wants to have as much cash as debt.To do this, Apple is returning a lot of cash through dividends and, most importantly, huge buybacks of about $90 billion per year, as of late. Many investors believe that, once Apple will reach cash neutrality it will significantly reduce buybacks. I have written an article where I show why I think this won't happen (Apple: Why Buybacks Won't Stop Once It Reaches Cash Neutrality) trying to imagine how much FCF Apple will generate by then.Though the largest company in the market and though it is a mature company, Apple's growth rate keeps on being forecasted around 8-10%. This is top-line growth. In the meantime, Apple's margins have generally been growing. As Apple enters the fintech space and grows its services there, too, it is reasonable to expect higher margins down the road, in line with the overall trend shown below.Data by YChartsThe Category Apple Belongs ToClearly, Apple belongs to big tech. Its industry is technology, no doubt. And yet, the more I look at Apple, the more I come to consider it as a different type of company.It is a breed of its own because it can be seen as a consumer defensive stock and a luxury stock at the same time.Let me explain why.To me, the best consumer defensive company I know of is Costco (COST). Consumer defensive companies produce and/or distribute consumer staples. These are goods consumers will have to buy out of necessity, regardless of economic conditions. Because of this, investors usually bid up consumer staples multiples given their stability in earnings. In particular, these multiples go up during time of uncertainties or when recessions are looming on the horizon. Now, I dare say Apple is a consumer defensive company too. In fact, as Warren Buffett said, people would rather give up a second car than their iPhone. The iPhone, in particular, has become a good consumers want to have. Actually, as far as I see it, it is not that inappropriate to see that consumers even crave the iPhone.But the paradox lies here: the iPhone is a top tier product among smartphones. In its category, it is a luxury item and it is priced accordingly. The same is true for iPads, Macs, AirPods and the rest of Apple product lineup. Apple doesn't throw out a product unless it can be at the vertex of its category. Therefore, Apple enjoys premiums margins, just like luxury goods producers do. I have come to understanding Apple as a luxury manufacturer through my research on Ferrari (RACE). Part of the strategy between the two companies is similar and it is what makes both of them belong to luxury: they sell only top tier products.Just like Costco, Apple is relying more and more on subscriptions. Costco attracts customers by selling goods almost at cost. Apple attracts customers in another way and in this it is more similar to Ferrari. It sells premium goods that make their owners feel good because they have purchased the best and most expensive available product.Apple leverages its installed based as it is monetizing it more and more. In other words, Apple considers its sold devices not only as product sales revenue, but also as the key to earn more money from its users during the device lifetime. This is why Apple has started breaking down its revenue between products and services. And, guess what, while product revenue from time to time stagnates, services revenue goes up, just like we saw in the 3Q report. Products net sales decreased from $63.3 billion in 3Q 2022 to $60.6 billion this year (-4.3%). At the same time, services grew from $19.6 billion to $21.2 billion (+8.2%).Seeking recurrent revenueBack in March 2022, Bloomberg reported that Apple is working on a hardware subscription service for the iPhone which would not be equal to the full price split over 24 months, but that would really offer a new way of becoming an iPhone user. However, while this news is promising, we don't have enough data to make a forecast of the positive impact if will have on Apple.Now, in 2016, the average Apple user was estimated to pay $1 per day for hardware and services. According to Katy Huberty, an Apple analyst, in 2022 the average user spent $280 per year on Apple hardware and an additional $69 on services.According to the analyst Woodring, Apple users will spend in a few years $2 per day on Apple products or services. At the end of Q3 2023, Apple reported 1 billion paid subscriptions. This means that Apple will see a daily revenue of at least $2 billion, which leads to an annual revenue of $730 billion only from subscriptions, compared to the $394 billion in total sales the company reported for FY 2022.Are investors pricing a 2x in sales in a few years? Apple trades at a price/sales ratio of 7. It means Apple's sales for the next seven years should equal today's market cap. Assuming sales will stay flat at $400 billion, we have exactly $2.8 trillion in 7 years, which is the current market cap. Therefore, on a price/sales ratio, Apple will only need to increase by a couple of percentage points its top-line and today's price will seem cheap.ValuationApple has had a nice run this year, with the stock moving all the way from the $120s to almost $200 before it retraced in the $170s.What I want to do here is to show why I am not at all concerned with today's valuation, which I actually think to be fair, if not still a bit cheap. I plan on holding Apple for many decades and possibly hand over my holding to my children.I ran two different DCF models. The first one focuses on the next five years.Author, with estimates and TTM data from SAForecasting a FCF growth around 9% and discounting it at 7.80% (Apple's WACC is calculated to be 8.80% but I took off one percentage point to award the company a premium), I actually happen to find Apple's fair price at $200, which gives us already a nice $25 upside (14%). I usually consider a range of +/- 15 percentage points to be the fair price range.But let's zoom out and try to look at what could happen over the next ten years. Here I start from the top-line and then calculate the EBITDA. From here I subtract capex, interest expenses and taxes to get a rough estimate of the generated free cash flow.I stayed a bit more conservative and assumed a 7% revenue growth. Estimates are usually above this. I also chose to keep EBITDA margins flat at 33%, even though Apple should see its margins widen as its service business picks up speed. Even on the tax rate I have exceeded because Apple is usually able to pay well below 20%.AuthorIn any case, let's look at some numbers and see if they are really concerning. Apple currently has a $2.7 trillion market cap. In the next decade it should generated at least $1.3 trillion in free cash flow. If we add in the terminal value (forecasted FCF of 2034 / discount rate - perpetual growth rate) we have a DCF value of almost $6.5 trillion. I am not kidding when I do believe Apple can reach this market cap within the decade. I actually believe we will see even better numbers than the ones in this model as Apple over the long-term usually overdelivers.ConclusionCan Apple 2x once again? Yes. Will it happen soon? Maybe not. Will Apple over the long-term generate an enormous amount of FCF? Yes. Is this really at risk? Not particularly. Is there a specific reason to worry about Apple's business and its trajectory? I don't see any substantial weakness in the company. Is there a real threat to Apple's brand appeal and its dominance? No.There are times when much buzz is made around a stock. People will sell it out of fear and it will probably be Apple itself that will buy those shares from them.Patience is key in investing. Being invested in Apple requires some patience to let it compound year after year. As for me, I think Apple will do just fine and I am actually considering this new dip as another opportunity to buy a few more shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221953296617568,"gmtCreate":1695215110489,"gmtModify":1695215113183,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"1\"></v-v> I'm capitalist invest with intelligent, when people panic you should greed . Simple as that&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"1\"></v-v> I'm capitalist invest with intelligent, when people panic you should greed . Simple as that&nbsp;","text":"$NIO Inc.(NIO)$ I'm capitalist invest with intelligent, when people panic you should greed . Simple as that","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221953296617568","isVote":1,"tweetType":1,"viewCount":983,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188966209355784,"gmtCreate":1687159849081,"gmtModify":1687159853203,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"Later at night up again lol","listText":"Later at night up again lol","text":"Later at night up again lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188966209355784","repostId":"2344173579","repostType":2,"repost":{"id":"2344173579","pubTimestamp":1687158368,"share":"https://ttm.financial/m/news/2344173579?lang=&edition=fundamental","pubTime":"2023-06-19 15:06","market":"us","language":"en","title":"NIO: Time To Bail Out?","url":"https://stock-news.laohu8.com/highlight/detail?id=2344173579","media":"Seeking Alpha","summary":"SummaryNIO’s cash reserves are depleting while the cash burn starts to reach unsustainable levels.Th","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>NIO’s cash reserves are depleting while the cash burn starts to reach unsustainable levels.</p></li><li><p>The ongoing price war in the EV industry has already diminished NIO’s margins and made it even harder for the business to reach a breakeven point anytime soon.</p></li><li><p>Given all the challenges that NIO is currently facing, it appears that another capital raise is only a matter of time.</p></li><li><p>Therefore, it’s hard to justify owning NIO’s shares for the long term, especially since the business’s global ambitions could soon be undermined as well.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/875e8d302f7a082fdaa14fb84f9eac6e\" alt=\"Michael Vi\" title=\"Michael Vi\" tg-width=\"750\" tg-height=\"476\"/><span>Michael Vi</span></p><p>NIO (NYSE:NIO) is in the middle of a crisis, and it seems that it&#39;s only a matter of time before the company announces another capital raise. Due to the relatively weak performance in recent months, the company is unlikely to meet its annual production goals this year, while the ongoing price war within the EV industry has already led to the margin contraction and made NIO reach the unsustainable levels of cash burn. Add to all of this the fact that the company&#39;s global ambitions could be undermined due to the lack of pricing advantage along with the increase of geopolitical risks, and it becomes obvious that NIO&#39;s upside is limited. Therefore, even though its stock could gain some momentum in the short-term due to the improvement of the overall market sentiment, it&#39;s hard to justify owning the company&#39;s shares for the long-term given all the challenges that the business faces.</p><h2>It&#39;s Getting Worse</h2><p>Since the start of the year, NIO has been actively engaged in trying to aggressively expand its business, thanks to the increased demand for electric vehicles in China and across the globe. In late March, the company opened its third showroom in Europe, after which it hinted that it was preparing to launch a small new budget EV for the European market next year. At the same time, back at home, it launched the newest version of its budget-friendly crossover ES6 only a few weeks ago, which has an estimated range from 490 km to 625 km. On top of that, there&#39;s also an indication that NIO is about to upgrade the batteries of some of its vehicles, which will come from a semi-solid-state battery supplier in the foreseeable future.</p><p>However, despite all of those developments, NIO continues to disappoint its shareholders and makes it hard to consider its stock as a solid investment. Just last week, the company revealed its Q1 earnings results which showed that while its revenues were up 7.7% Y/Y to $1.55 billion, they were nevertheless below the street estimates. At the same time, its non-GAAP EPADS were -$0.36 per share, while the business itself barely managed to meet its quarterly delivery target by delivering 31,041 EVs during the three-month period.</p><p>What&#39;s worse is that the situation is unlikely to significantly improve in the following months. For Q2, NIO already expects its revenue to be in the range of $1.27 billion to $1.36 billion, which is a decrease of between 15.1% Y/Y and 9% Y/Y. On top of that, it also expects to deliver 23,000 to 25,000 vehicles during the second quarter, which also represents a decrease of between 8.2% and 0.2% in comparison to the year before.</p><p>Considering that in April and May NIO already delivered 6658 and 6155 vehicles, respectively, it means that in June alone it needs to deliver at least 10,187 EVs to meet its minimum target for the quarter. While the company could get an additional boost in sales thanks to the recent launch of ES6, there&#39;s still a decent chance that NIO could fail to reach its targets given its relatively weak performance in the last two months.</p><p>In addition to all of this, in late 2022 NIO&#39;s CEO indirectly hinted that he expects the company&#39;s sales to be over 200,000 in 2023, while the business&#39;s CFO later in March in an interview to Bloomberg said that he&#39;s confident that they&#39;ll be able to sell 250,000 EVs this year. Considering NIO&#39;s relatively weak performance in the first half of the current year, I find it hard to believe that the company will be able to produce over ~140,000 vehicles in the second half of 2023 to reach the goal of delivering even 200,000 EVs.</p><p>What&#39;s worse is that on top of expecting a decrease in revenues and deliveries in Q2, the company&#39;s margins are likely to continue to decrease even more due to the ongoing price war in the EV market. In Q1, NIO&#39;s vehicle margins already decreased to 5.1% from 18.1% a year ago, and given the company&#39;s latest decision to cut prices for all of its models by $4000, there is every reason to believe that the bottom-line performance would suffer even more in the following quarters. At the same time, by ending the free battery swapping program there&#39;s a risk that customers would be incentivized to purchase vehicles of the company&#39;s competitors as it would make even less sense to acquire NIO&#39;s EVs when one of the most important and popular features is no longer free.</p><p>Therefore, as the ongoing price war has no end in sight, and it becomes even harder for the business to stop the cash burn due to the declining margins and increasing expenses, it would be safe to assume that later this year NIO would be prompted to execute another capital raise to stay afloat. Back in 2021, NIO has already executed a $2 billion ATM offering which diluted its shareholders but also increased its liquidity from $6.7 billion in Q3&#39;21 to $8.3 billion in Q4&#39;21. However, after nearly two years after that capital raise the business is still significantly unprofitable and the expected relatively weak performance in the following months along with the increase in competition will make it hard for NIO to reach a breakeven point anytime soon. At the end of Q1&#39;23, the company already had only $4.8 billion in cash reserves and as those reserves dwindle while profits are not expected in the following years, a capital raise appears to be only a matter of time.</p><h2>Global Ambitions Ruined?</h2><p>Another issue that NIO currently faces is the inability to properly compete on a global stage. Recently, the company&#39;s CEO has indicated that NIO has the ambition to take on the German-based legacy automaker Volkswagen (OTCPK:VWAGY) in its own market by launching a new electric model in Europe at a price of under €30,000. However, NIO is more than likely to face several major challenges that could undermine its European endeavors in the foreseeable future.</p><p>First of all, the company plans to produce new models for European consumers back in China in a factory that&#39;s currently under a construction. As such, there is every reason to believe that NIO won&#39;t have a major pricing power in the European region, since higher shipping costs along with the vulnerability of long-distance supply chains would make it higher for the business to successfully compete with legacy brands that have production facilities in Europe. This is one of the reasons why Tesla (TSLA) has been actively diversifying its supply chains and opened the factory in Berlin last year to have better pricing power in the region.</p><p>Add to all of this the fact that NIO&#39;s vehicle margins are already thin and are on a decline due to the price war, and it becomes even harder to believe that the company will be able to successfully compete with the well-established names without burning even more cash than today. There&#39;s also no guarantee that European consumers would be interested in purchasing NIO&#39;s cars in the first place. In Q1, the company sold only 328 of its cars in Europe, while in Q2 so far it sold only 287 of its vehicles there. Volkswagen on the other hand has been selling over 60,000 EVs in Europe each quarter in the last few quarters. Considering this, it&#39;s hard to see how NIO plans to establish a solid ground in the region given all the challenges that it currently faces, while at the same time, the potential worsening of the Sino-European relations would make it even harder for the company to aggressively expand in the region in the following years.</p><p>What&#39;s worse is that NIO hasn&#39;t been able to successfully penetrate Europe so far, and yet there are already plans to enter the United States market in 2025. In my opinion, this plan is mostly wishful thinking due to the fierce competition in the region along with the lack of any production facility there as well. In addition, the worsening of Sino-American relations would make it even harder for any Chinese brand to penetrate the U.S. market in the foreseeable future. NIO has already experienced the impact of the ongoing trade war as the implementation of the American export restrictions on chips last year has likely negatively affected its data center infrastructure which was run on Nvidia&#39;s (NVDA) A100 GPUs. While Nvidia managed to get around the restrictions by offering a cut-down version of A100 GPUs for the Chinese market, a potential Sino-American confrontation in the future makes it hard to believe that NIO would be able to establish a solid presence in the United States in the future. Add to all of this the fact that there&#39;s still a risk that NIO&#39;s shares could be delisted from American exchanges due to the issues with audits of Chinese-based firms, and it becomes obvious that the company&#39;s global ambitions could be ruined at any moment.</p><h2>The Bottom Line</h2><p>Given all the challenges that NIO faces, it&#39;s hard to justify the company&#39;s current $15 billion market cap. There are already questions about whether the company&#39;s global expansion is sustainable in the long-term, while the ongoing price war in the EV industry would make it even harder for the automaker to stop the cash burn and become profitable. The street currently believes that NIO could reach a breakeven point in 2026, but a potential further margin contraction along with the potential inability to reach its delivery targets for this year could make those expectations sound too optimistic. As such, I believe that there&#39;s no point in even bothering to invest in the company at this stage as capital raise is likely around the corner given the unsustainable cash burn levels.</p><p><em>This article is written by </em><strong><em>Bohdan Kucheriavyi</em></strong><em> for reference only. Please note the risks.</em></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO: Time To Bail Out?</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; 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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\">\nNIO: Time To Bail Out?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-19 15:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611894-nio-time-to-bail-out><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNIO’s cash reserves are depleting while the cash burn starts to reach unsustainable levels.The ongoing price war in the EV industry has already diminished NIO’s margins and made it even harder ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611894-nio-time-to-bail-out\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0056508442.USD":"贝莱德世界科技基金A2","NIO":"蔚来","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4099":"汽车制造商","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","09866":"蔚来-SW","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","BK4531":"中概回港概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4551":"寇图资本持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4543":"AI","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4548":"巴美列捷福持仓","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4555":"新能源车","LU0052750758.USD":"富兰克林中国基金A Acc","BK4550":"红杉资本持仓","BK4504":"桥水持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4529":"IDC概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","NIO.SI":"蔚来","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0823411888.USD":"法巴消费创新基金 Cap","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0109392836.USD":"富兰克林科技股A"},"source_url":"https://seekingalpha.com/article/4611894-nio-time-to-bail-out","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2344173579","content_text":"SummaryNIO’s cash reserves are depleting while the cash burn starts to reach unsustainable levels.The ongoing price war in the EV industry has already diminished NIO’s margins and made it even harder for the business to reach a breakeven point anytime soon.Given all the challenges that NIO is currently facing, it appears that another capital raise is only a matter of time.Therefore, it’s hard to justify owning NIO’s shares for the long term, especially since the business’s global ambitions could soon be undermined as well.Michael ViNIO (NYSE:NIO) is in the middle of a crisis, and it seems that it's only a matter of time before the company announces another capital raise. Due to the relatively weak performance in recent months, the company is unlikely to meet its annual production goals this year, while the ongoing price war within the EV industry has already led to the margin contraction and made NIO reach the unsustainable levels of cash burn. Add to all of this the fact that the company's global ambitions could be undermined due to the lack of pricing advantage along with the increase of geopolitical risks, and it becomes obvious that NIO's upside is limited. Therefore, even though its stock could gain some momentum in the short-term due to the improvement of the overall market sentiment, it's hard to justify owning the company's shares for the long-term given all the challenges that the business faces.It's Getting WorseSince the start of the year, NIO has been actively engaged in trying to aggressively expand its business, thanks to the increased demand for electric vehicles in China and across the globe. In late March, the company opened its third showroom in Europe, after which it hinted that it was preparing to launch a small new budget EV for the European market next year. At the same time, back at home, it launched the newest version of its budget-friendly crossover ES6 only a few weeks ago, which has an estimated range from 490 km to 625 km. On top of that, there's also an indication that NIO is about to upgrade the batteries of some of its vehicles, which will come from a semi-solid-state battery supplier in the foreseeable future.However, despite all of those developments, NIO continues to disappoint its shareholders and makes it hard to consider its stock as a solid investment. Just last week, the company revealed its Q1 earnings results which showed that while its revenues were up 7.7% Y/Y to $1.55 billion, they were nevertheless below the street estimates. At the same time, its non-GAAP EPADS were -$0.36 per share, while the business itself barely managed to meet its quarterly delivery target by delivering 31,041 EVs during the three-month period.What's worse is that the situation is unlikely to significantly improve in the following months. For Q2, NIO already expects its revenue to be in the range of $1.27 billion to $1.36 billion, which is a decrease of between 15.1% Y/Y and 9% Y/Y. On top of that, it also expects to deliver 23,000 to 25,000 vehicles during the second quarter, which also represents a decrease of between 8.2% and 0.2% in comparison to the year before.Considering that in April and May NIO already delivered 6658 and 6155 vehicles, respectively, it means that in June alone it needs to deliver at least 10,187 EVs to meet its minimum target for the quarter. While the company could get an additional boost in sales thanks to the recent launch of ES6, there's still a decent chance that NIO could fail to reach its targets given its relatively weak performance in the last two months.In addition to all of this, in late 2022 NIO's CEO indirectly hinted that he expects the company's sales to be over 200,000 in 2023, while the business's CFO later in March in an interview to Bloomberg said that he's confident that they'll be able to sell 250,000 EVs this year. Considering NIO's relatively weak performance in the first half of the current year, I find it hard to believe that the company will be able to produce over ~140,000 vehicles in the second half of 2023 to reach the goal of delivering even 200,000 EVs.What's worse is that on top of expecting a decrease in revenues and deliveries in Q2, the company's margins are likely to continue to decrease even more due to the ongoing price war in the EV market. In Q1, NIO's vehicle margins already decreased to 5.1% from 18.1% a year ago, and given the company's latest decision to cut prices for all of its models by $4000, there is every reason to believe that the bottom-line performance would suffer even more in the following quarters. At the same time, by ending the free battery swapping program there's a risk that customers would be incentivized to purchase vehicles of the company's competitors as it would make even less sense to acquire NIO's EVs when one of the most important and popular features is no longer free.Therefore, as the ongoing price war has no end in sight, and it becomes even harder for the business to stop the cash burn due to the declining margins and increasing expenses, it would be safe to assume that later this year NIO would be prompted to execute another capital raise to stay afloat. Back in 2021, NIO has already executed a $2 billion ATM offering which diluted its shareholders but also increased its liquidity from $6.7 billion in Q3'21 to $8.3 billion in Q4'21. However, after nearly two years after that capital raise the business is still significantly unprofitable and the expected relatively weak performance in the following months along with the increase in competition will make it hard for NIO to reach a breakeven point anytime soon. At the end of Q1'23, the company already had only $4.8 billion in cash reserves and as those reserves dwindle while profits are not expected in the following years, a capital raise appears to be only a matter of time.Global Ambitions Ruined?Another issue that NIO currently faces is the inability to properly compete on a global stage. Recently, the company's CEO has indicated that NIO has the ambition to take on the German-based legacy automaker Volkswagen (OTCPK:VWAGY) in its own market by launching a new electric model in Europe at a price of under €30,000. However, NIO is more than likely to face several major challenges that could undermine its European endeavors in the foreseeable future.First of all, the company plans to produce new models for European consumers back in China in a factory that's currently under a construction. As such, there is every reason to believe that NIO won't have a major pricing power in the European region, since higher shipping costs along with the vulnerability of long-distance supply chains would make it higher for the business to successfully compete with legacy brands that have production facilities in Europe. This is one of the reasons why Tesla (TSLA) has been actively diversifying its supply chains and opened the factory in Berlin last year to have better pricing power in the region.Add to all of this the fact that NIO's vehicle margins are already thin and are on a decline due to the price war, and it becomes even harder to believe that the company will be able to successfully compete with the well-established names without burning even more cash than today. There's also no guarantee that European consumers would be interested in purchasing NIO's cars in the first place. In Q1, the company sold only 328 of its cars in Europe, while in Q2 so far it sold only 287 of its vehicles there. Volkswagen on the other hand has been selling over 60,000 EVs in Europe each quarter in the last few quarters. Considering this, it's hard to see how NIO plans to establish a solid ground in the region given all the challenges that it currently faces, while at the same time, the potential worsening of the Sino-European relations would make it even harder for the company to aggressively expand in the region in the following years.What's worse is that NIO hasn't been able to successfully penetrate Europe so far, and yet there are already plans to enter the United States market in 2025. In my opinion, this plan is mostly wishful thinking due to the fierce competition in the region along with the lack of any production facility there as well. In addition, the worsening of Sino-American relations would make it even harder for any Chinese brand to penetrate the U.S. market in the foreseeable future. NIO has already experienced the impact of the ongoing trade war as the implementation of the American export restrictions on chips last year has likely negatively affected its data center infrastructure which was run on Nvidia's (NVDA) A100 GPUs. While Nvidia managed to get around the restrictions by offering a cut-down version of A100 GPUs for the Chinese market, a potential Sino-American confrontation in the future makes it hard to believe that NIO would be able to establish a solid presence in the United States in the future. Add to all of this the fact that there's still a risk that NIO's shares could be delisted from American exchanges due to the issues with audits of Chinese-based firms, and it becomes obvious that the company's global ambitions could be ruined at any moment.The Bottom LineGiven all the challenges that NIO faces, it's hard to justify the company's current $15 billion market cap. There are already questions about whether the company's global expansion is sustainable in the long-term, while the ongoing price war in the EV industry would make it even harder for the automaker to stop the cash burn and become profitable. The street currently believes that NIO could reach a breakeven point in 2026, but a potential further margin contraction along with the potential inability to reach its delivery targets for this year could make those expectations sound too optimistic. As such, I believe that there's no point in even bothering to invest in the company at this stage as capital raise is likely around the corner given the unsustainable cash burn levels.This article is written by Bohdan Kucheriavyi for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947786021,"gmtCreate":1683609553664,"gmtModify":1683609559259,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"Happy","listText":"Happy","text":"Happy","images":[{"img":"https://community-static.tradeup.com/news/43923370f35172b6d4625750387be969","width":"1170","height":"2532"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947786021","isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9922464341,"gmtCreate":1671821178783,"gmtModify":1676538599801,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a> btw bullish trend&nbsp;","listText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a> btw bullish trend&nbsp;","text":"$Nasdaq100 Bull 3X ETF(TQQQ)$ btw bullish trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9922464341","isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910377123,"gmtCreate":1663566560462,"gmtModify":1676537292120,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"good to see that . So that the company have more cash holdings and implement somewhere else","listText":"good to see that . So that the company have more cash holdings and implement somewhere else","text":"good to see that . So that the company have more cash holdings and implement somewhere else","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910377123","repostId":"2268954726","repostType":2,"repost":{"id":"2268954726","pubTimestamp":1663566441,"share":"https://ttm.financial/m/news/2268954726?lang=&edition=fundamental","pubTime":"2022-09-19 13:47","market":"us","language":"en","title":"Sea Plans to Fire 3% of Shopee Indonesia Staff","url":"https://stock-news.laohu8.com/highlight/detail?id=2268954726","media":"Bloomberg","summary":"Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regiona","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors.</p><p>The Singapore-based company will begin notifying affected staff Monday at its cash-burning e-commerce arm Shopee, according to an internal memo seen by Bloomberg News. Overall, Sea plans to reduce headcount at the division by a low-single-digit percentage, a person familiar with the matter said, asking to remain anonymous discussing internal actions.</p><p>Sea management announced the impending layoffs during a town hall for affected teams on Monday, without divulging precise details. The company intends to offer severance packages and assistance to affected staff members, according to the memo.</p><p>“These changes are part of our ongoing efforts to optimise operating efficiency with the goal of achieving self-sufficiency across our business,” Shopee said in an e-mailed statement, without elaborating.</p><p>Sea has lost about $170 billion of market value since an October high on questions about its money-making prospects in an era of rising interest rates and intensifying competition from Alibaba Group Holding Ltd. in its Asian stronghold.</p><p>Last week, billionaire co-founder Forrest Li announced in an internal memo top management will forgo their salaries and tighten company expense policies, as the company, which counts Tencent Holdings Ltd. as its biggest investor, tries to shield itself from the economic slowdown.</p><p>Sea’s Shopee division, in particular, has pulled back from major markets in Europe and Latin America, in addition to getting banned from India because of rising tensions with Chinese companies. Southeast Asia’s largest tech firm is planning to reduce headcount in gaming -- its most profitable division -- and new ventures at its research and development arm, Bloomberg News has reported.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Plans to Fire 3% of Shopee Indonesia Staff</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\">\nSea Plans to Fire 3% of Shopee Indonesia Staff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-19 13:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sea-plans-fire-3-shopee-052606777.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors.The Singapore-based company ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sea-plans-fire-3-shopee-052606777.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/sea-plans-fire-3-shopee-052606777.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268954726","content_text":"Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors.The Singapore-based company will begin notifying affected staff Monday at its cash-burning e-commerce arm Shopee, according to an internal memo seen by Bloomberg News. Overall, Sea plans to reduce headcount at the division by a low-single-digit percentage, a person familiar with the matter said, asking to remain anonymous discussing internal actions.Sea management announced the impending layoffs during a town hall for affected teams on Monday, without divulging precise details. The company intends to offer severance packages and assistance to affected staff members, according to the memo.“These changes are part of our ongoing efforts to optimise operating efficiency with the goal of achieving self-sufficiency across our business,” Shopee said in an e-mailed statement, without elaborating.Sea has lost about $170 billion of market value since an October high on questions about its money-making prospects in an era of rising interest rates and intensifying competition from Alibaba Group Holding Ltd. in its Asian stronghold.Last week, billionaire co-founder Forrest Li announced in an internal memo top management will forgo their salaries and tighten company expense policies, as the company, which counts Tencent Holdings Ltd. as its biggest investor, tries to shield itself from the economic slowdown.Sea’s Shopee division, in particular, has pulled back from major markets in Europe and Latin America, in addition to getting banned from India because of rising tensions with Chinese companies. Southeast Asia’s largest tech firm is planning to reduce headcount in gaming -- its most profitable division -- and new ventures at its research and development arm, Bloomberg News has reported.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9016612553,"gmtCreate":1649180928972,"gmtModify":1676534464446,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>This is damn sucks&nbsp;","listText":"<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>This is damn sucks&nbsp;","text":"$Rivian Automotive, Inc.(RIVN)$This is damn sucks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016612553","isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373180241,"gmtCreate":1618831105983,"gmtModify":1704715490364,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"People who wrote this&nbsp;is truly a Joker&nbsp;!We 00 90 see&nbsp;themselves in 2040&nbsp;Using crypto for daily life&nbsp;Writer&nbsp;Using paper notes playing monopoly hahaha&nbsp;","listText":"People who wrote this&nbsp;is truly a Joker&nbsp;!We 00 90 see&nbsp;themselves in 2040&nbsp;Using crypto for daily life&nbsp;Writer&nbsp;Using paper notes playing monopoly hahaha&nbsp;","text":"People who wrote this is truly a Joker !We 00 90 see themselves in 2040 Using crypto for daily life Writer Using paper notes playing monopoly hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373180241","repostId":"2128898947","repostType":4,"repost":{"id":"2128898947","pubTimestamp":1618827300,"share":"https://ttm.financial/m/news/2128898947?lang=&edition=fundamental","pubTime":"2021-04-19 18:15","market":"us","language":"en","title":"Forget Dogecoin: These 3 Stocks Are Much Smarter Buys","url":"https://stock-news.laohu8.com/highlight/detail?id=2128898947","media":"Motley Fool","summary":"These high-growth stocks should trounce cryptocurrency Dogecoin over the long term.","content":"<p>Over the long run, the stock market has proved, time and again, it's the greatest wealth creator on the planet. For instance, the benchmark <b>S&amp;P 500</b> has delivered an average annual total return, including dividends, of greater than 10% since the beginning of 1980. Keep in mind this includes the dot-com bubble, the Great Recession, and the coronavirus crash.</p>\n<p>But in recent years, it's been cryptocurrencies that've run circles around equities. Young investors, in particular, have been drawn to the decentralized and unregulated nature of digital currencies, as well as the neck-breaking volatility that often comes with owning crypto.</p>\n<h2>Dogecoin is flying, but you're foolish if you're buying</h2>\n<p>For much of the past week, it's cryptocurrency <b>Dogecoin</b> (CRYPTO:DOGE) that's been garnering the attention of momentum players, retail investors, and digital currency enthusiasts. As of late afternoon Friday, April 16, Dogecoin could be purchased for about $0.31 per token. For context, it began the week at $0.07, and is higher by more than 15,400% over the trailing year. That would top the gain of every single publicly traded stock over the past year.</p>\n<p>If you're wondering why Dogecoin has been on fire, it looks to be a combination of tweets/pumping from Elon Musk, the CEO of <b>Tesla Motors</b>, and technical moves, which take into account volume and chart patterns.</p>\n<p>However, the story behind Dogecoin and its real-world utility are major red flags that true investors should be aware of. For instance, two engineers created Dogecoin in 2013 in a matter of hours as a joke. The idea was to combine the two buzziest things on the internet at the time -- a Shiba Inu dog meme and the cryptocurrency craze -- into a single entity. Thus was born Dogecoin.</p>\n<p>Dogecoin lacks substantive differentiation, relative to other digital currencies, and it has extremely limited utility. According to <i>International Business Times</i> via Dogecoins.com, 48 businesses accept Dogecoin. Meanwhile, online company directory Cryptwerk listed in the neighborhood of 1,200 place, stores, and services accepting Dogecoin, as of April 16.</p>\n<p>But here's a number to keep in mind: There are more than 32 million businesses in the U.S. alone. Further, according to <i>The Hill</i>, there are an estimated 582 million entrepreneurs worldwide. About 1,200 of these businesses, at most, accept Dogecoin. That's how minimal the utility is.</p>\n<h2>This trio of stocks make for much smarter investments than Dogecoin</h2>\n<p>Rather than throwing your hard-earned money at a pump-and-dump asset like Dogecoin, consider putting your money to work in the following three much smarter buys.</p>\n<h2><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com</h2>\n<p>A considerably smarter way of putting your money to work right now would be to buy shares of cloud-based customer relationship management (CRM) software provider <b>salesforce.com</b> (NYSE:CRM). Despite its megacap size ($214 billion market cap), it offers sustainable sales growth of 20% or higher for the next half-decade, if not longer.</p>\n<p>For those unfamiliar, CRM software is used by consumer-facing businesses to handle tasks like logging customer information and overseeing service or product issues. It's also handy when managing online marketing campaigns and as a predictive tool for suggesting new products and services to existing clients based on their buying history or other metrics. CRM software makes a lot of sense for the retail and service industries, but is finding plenty of momentum in nontraditional places, such as banks and hospitals.</p>\n<p>What makes salesforce such a beast is the company's utter dominance of global CRM revenue. In the first half of 2020, IDC estimated that salesforce controlled just shy of 20% of global CRM revenue. That was more than No.'s 2 through 5 on its global share list, combined. This makes salesforce the logical go-to for big businesses looking to incorporate CRM software.</p>\n<p>Salesforce is also in the process of acquiring enterprise-focused communications platform <b><a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a></b>&nbsp;in a cash-and-stock deal that was valued at $27.7 billion when it was announced. If this deal closes, salesforce will be able to use Slack's platform as a jumping-off point to cross-sell to smaller businesses. This'll be its key to reaching $50 billion in annual sales in five years.</p>\n<h2>Jushi Holdings</h2>\n<p>Marijuana stocks are arguably <a href=\"https://laohu8.com/S/AONE\">one</a> of the most overcrowded trades at the moment -- and for good reason. According to <a href=\"https://laohu8.com/S/NFC.U\">New Frontier</a> Data, weed sales in the U.S. are expected to grow by 21% annually between 2019 and 2025, ultimately hitting $41.5 billion by mid-decade. One of the smartest ways to take advantage of this growth is with small-cap multistate operator (MSO) <b>Jushi Holdings</b> (OTC:JUSHF).</p>\n<p>Jushi's growth strategy is a bit different from most MSOs. Instead of trying to plant its proverbial flag in as many states as possible, Jushi is focusing most of its effort in three states: Pennsylvania, Illinois, and Virginia. The common theme is that all three states limit how they assign retail licenses. Pennsylvania and Illinois cap the number of allowable retail stores, while Virginia assigns dispensary licenses by jurisdiction. Put another way, 80% or more of Jushi's revenue will come from markets where competition will be limited or nonexistent. It's a smart strategy that'll allow Jushi to effectively build up its brand and gain a following.</p>\n<p>Despite its small size, Jushi has not been afraid to go shopping. It's acquired assets in Pennsylvania and Virginia to expand its presence in these core states, and has used acquisitions to gain a footprint in the California and Nevada markets. California is the largest cannabis market in the world by annual sales, while Nevada is expected to lead the nation in cannabis spending per capita by 2024.</p>\n<p>As <a href=\"https://laohu8.com/S/AONE.U\">one</a> final note, roughly $45 million of the first $250 million in capital raised by the company came from insiders and executives. When the interests (and wallets) of execs line up with their shareholders, good things tend to happen.</p>\n<h2>Pinterest</h2>\n<p>A third stock that's a considerably smarter buy than Dogecoin is social media up-and-comer <b>Pinterest</b> (NYSE:PINS).</p>\n<p>To state the obvious, Pinterest had a great 2020. With the pandemic keeping people in their homes, many turned to social sites for engagement. This included Pinterest, which picked up a net of 124 million monthly active users (MAU) last year. But understand that Pinterest was wooing new MAUs long before the pandemic struck. In the three years preceding the pandemic, net MAU growth averaged 30%, compared to the 37% MAU growth recorded in 2020.</p>\n<p>What's notable about the users Pinterest is attracting is that they're predominantly from international markets. More than 90% of the 124 million net MAUs gained in 2020 were from outside the United States. On one hand, average revenue per user (ARPU) is considerably lower outside the U.S., meaning Pinterest isn't generating a lot of revenue from the new users it's picking up. However, it also gives the company ample opportunity to grow its international ARPU significantly this decade. As more international users sign up, ad dollars will climb to reach these users.</p>\n<p>Best of all, we're witnessing the early stages of what could be an absolute e-commerce giant. Think about it this way: Pinterest's user base is willingly sharing the things, places, and services that interest them. This makes Pinterest one of the most-targeted platforms on the planet for merchants that can meet these interests. As long as Pinterest can keep its user base engaged, it should have no problem generating huge returns over the long run for investors.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget Dogecoin: These 3 Stocks Are Much Smarter Buys</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\">\nForget Dogecoin: These 3 Stocks Are Much Smarter Buys\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 18:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/19/forget-dogecoin-these-3-stocks-much-smarter-buys/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the long run, the stock market has proved, time and again, it's the greatest wealth creator on the planet. For instance, the benchmark S&P 500 has delivered an average annual total return, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/19/forget-dogecoin-these-3-stocks-much-smarter-buys/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRM":"赛富时","JUSHF":"Jushi Holdings Inc.","PINS":"Pinterest, Inc."},"source_url":"https://www.fool.com/investing/2021/04/19/forget-dogecoin-these-3-stocks-much-smarter-buys/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128898947","content_text":"Over the long run, the stock market has proved, time and again, it's the greatest wealth creator on the planet. For instance, the benchmark S&P 500 has delivered an average annual total return, including dividends, of greater than 10% since the beginning of 1980. Keep in mind this includes the dot-com bubble, the Great Recession, and the coronavirus crash.\nBut in recent years, it's been cryptocurrencies that've run circles around equities. Young investors, in particular, have been drawn to the decentralized and unregulated nature of digital currencies, as well as the neck-breaking volatility that often comes with owning crypto.\nDogecoin is flying, but you're foolish if you're buying\nFor much of the past week, it's cryptocurrency Dogecoin (CRYPTO:DOGE) that's been garnering the attention of momentum players, retail investors, and digital currency enthusiasts. As of late afternoon Friday, April 16, Dogecoin could be purchased for about $0.31 per token. For context, it began the week at $0.07, and is higher by more than 15,400% over the trailing year. That would top the gain of every single publicly traded stock over the past year.\nIf you're wondering why Dogecoin has been on fire, it looks to be a combination of tweets/pumping from Elon Musk, the CEO of Tesla Motors, and technical moves, which take into account volume and chart patterns.\nHowever, the story behind Dogecoin and its real-world utility are major red flags that true investors should be aware of. For instance, two engineers created Dogecoin in 2013 in a matter of hours as a joke. The idea was to combine the two buzziest things on the internet at the time -- a Shiba Inu dog meme and the cryptocurrency craze -- into a single entity. Thus was born Dogecoin.\nDogecoin lacks substantive differentiation, relative to other digital currencies, and it has extremely limited utility. According to International Business Times via Dogecoins.com, 48 businesses accept Dogecoin. Meanwhile, online company directory Cryptwerk listed in the neighborhood of 1,200 place, stores, and services accepting Dogecoin, as of April 16.\nBut here's a number to keep in mind: There are more than 32 million businesses in the U.S. alone. Further, according to The Hill, there are an estimated 582 million entrepreneurs worldwide. About 1,200 of these businesses, at most, accept Dogecoin. That's how minimal the utility is.\nThis trio of stocks make for much smarter investments than Dogecoin\nRather than throwing your hard-earned money at a pump-and-dump asset like Dogecoin, consider putting your money to work in the following three much smarter buys.\nSalesforce.com\nA considerably smarter way of putting your money to work right now would be to buy shares of cloud-based customer relationship management (CRM) software provider salesforce.com (NYSE:CRM). Despite its megacap size ($214 billion market cap), it offers sustainable sales growth of 20% or higher for the next half-decade, if not longer.\nFor those unfamiliar, CRM software is used by consumer-facing businesses to handle tasks like logging customer information and overseeing service or product issues. It's also handy when managing online marketing campaigns and as a predictive tool for suggesting new products and services to existing clients based on their buying history or other metrics. CRM software makes a lot of sense for the retail and service industries, but is finding plenty of momentum in nontraditional places, such as banks and hospitals.\nWhat makes salesforce such a beast is the company's utter dominance of global CRM revenue. In the first half of 2020, IDC estimated that salesforce controlled just shy of 20% of global CRM revenue. That was more than No.'s 2 through 5 on its global share list, combined. This makes salesforce the logical go-to for big businesses looking to incorporate CRM software.\nSalesforce is also in the process of acquiring enterprise-focused communications platform Slack Technologies in a cash-and-stock deal that was valued at $27.7 billion when it was announced. If this deal closes, salesforce will be able to use Slack's platform as a jumping-off point to cross-sell to smaller businesses. This'll be its key to reaching $50 billion in annual sales in five years.\nJushi Holdings\nMarijuana stocks are arguably one of the most overcrowded trades at the moment -- and for good reason. According to New Frontier Data, weed sales in the U.S. are expected to grow by 21% annually between 2019 and 2025, ultimately hitting $41.5 billion by mid-decade. One of the smartest ways to take advantage of this growth is with small-cap multistate operator (MSO) Jushi Holdings (OTC:JUSHF).\nJushi's growth strategy is a bit different from most MSOs. Instead of trying to plant its proverbial flag in as many states as possible, Jushi is focusing most of its effort in three states: Pennsylvania, Illinois, and Virginia. The common theme is that all three states limit how they assign retail licenses. Pennsylvania and Illinois cap the number of allowable retail stores, while Virginia assigns dispensary licenses by jurisdiction. Put another way, 80% or more of Jushi's revenue will come from markets where competition will be limited or nonexistent. It's a smart strategy that'll allow Jushi to effectively build up its brand and gain a following.\nDespite its small size, Jushi has not been afraid to go shopping. It's acquired assets in Pennsylvania and Virginia to expand its presence in these core states, and has used acquisitions to gain a footprint in the California and Nevada markets. California is the largest cannabis market in the world by annual sales, while Nevada is expected to lead the nation in cannabis spending per capita by 2024.\nAs one final note, roughly $45 million of the first $250 million in capital raised by the company came from insiders and executives. When the interests (and wallets) of execs line up with their shareholders, good things tend to happen.\nPinterest\nA third stock that's a considerably smarter buy than Dogecoin is social media up-and-comer Pinterest (NYSE:PINS).\nTo state the obvious, Pinterest had a great 2020. With the pandemic keeping people in their homes, many turned to social sites for engagement. This included Pinterest, which picked up a net of 124 million monthly active users (MAU) last year. But understand that Pinterest was wooing new MAUs long before the pandemic struck. In the three years preceding the pandemic, net MAU growth averaged 30%, compared to the 37% MAU growth recorded in 2020.\nWhat's notable about the users Pinterest is attracting is that they're predominantly from international markets. More than 90% of the 124 million net MAUs gained in 2020 were from outside the United States. On one hand, average revenue per user (ARPU) is considerably lower outside the U.S., meaning Pinterest isn't generating a lot of revenue from the new users it's picking up. However, it also gives the company ample opportunity to grow its international ARPU significantly this decade. As more international users sign up, ad dollars will climb to reach these users.\nBest of all, we're witnessing the early stages of what could be an absolute e-commerce giant. Think about it this way: Pinterest's user base is willingly sharing the things, places, and services that interest them. This makes Pinterest one of the most-targeted platforms on the planet for merchants that can meet these interests. As long as Pinterest can keep its user base engaged, it should have no problem generating huge returns over the long run for investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9922464341,"gmtCreate":1671821178783,"gmtModify":1676538599801,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a> btw bullish trend&nbsp;","listText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a> btw bullish trend&nbsp;","text":"$Nasdaq100 Bull 3X ETF(TQQQ)$ btw bullish trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9922464341","isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221953296617568,"gmtCreate":1695215110489,"gmtModify":1695215113183,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"1\"></v-v> I'm capitalist invest with intelligent, when people panic you should greed . Simple as that&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"1\"></v-v> I'm capitalist invest with intelligent, when people panic you should greed . Simple as that&nbsp;","text":"$NIO Inc.(NIO)$ I'm capitalist invest with intelligent, when people panic you should greed . Simple as that","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221953296617568","isVote":1,"tweetType":1,"viewCount":983,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910377123,"gmtCreate":1663566560462,"gmtModify":1676537292120,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"good to see that . So that the company have more cash holdings and implement somewhere else","listText":"good to see that . So that the company have more cash holdings and implement somewhere else","text":"good to see that . So that the company have more cash holdings and implement somewhere else","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910377123","repostId":"2268954726","repostType":2,"repost":{"id":"2268954726","pubTimestamp":1663566441,"share":"https://ttm.financial/m/news/2268954726?lang=&edition=fundamental","pubTime":"2022-09-19 13:47","market":"us","language":"en","title":"Sea Plans to Fire 3% of Shopee Indonesia Staff","url":"https://stock-news.laohu8.com/highlight/detail?id=2268954726","media":"Bloomberg","summary":"Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regiona","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors.</p><p>The Singapore-based company will begin notifying affected staff Monday at its cash-burning e-commerce arm Shopee, according to an internal memo seen by Bloomberg News. Overall, Sea plans to reduce headcount at the division by a low-single-digit percentage, a person familiar with the matter said, asking to remain anonymous discussing internal actions.</p><p>Sea management announced the impending layoffs during a town hall for affected teams on Monday, without divulging precise details. The company intends to offer severance packages and assistance to affected staff members, according to the memo.</p><p>“These changes are part of our ongoing efforts to optimise operating efficiency with the goal of achieving self-sufficiency across our business,” Shopee said in an e-mailed statement, without elaborating.</p><p>Sea has lost about $170 billion of market value since an October high on questions about its money-making prospects in an era of rising interest rates and intensifying competition from Alibaba Group Holding Ltd. in its Asian stronghold.</p><p>Last week, billionaire co-founder Forrest Li announced in an internal memo top management will forgo their salaries and tighten company expense policies, as the company, which counts Tencent Holdings Ltd. as its biggest investor, tries to shield itself from the economic slowdown.</p><p>Sea’s Shopee division, in particular, has pulled back from major markets in Europe and Latin America, in addition to getting banned from India because of rising tensions with Chinese companies. Southeast Asia’s largest tech firm is planning to reduce headcount in gaming -- its most profitable division -- and new ventures at its research and development arm, Bloomberg News has reported.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Plans to Fire 3% of Shopee Indonesia Staff</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\">\nSea Plans to Fire 3% of Shopee Indonesia Staff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-19 13:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sea-plans-fire-3-shopee-052606777.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors.The Singapore-based company ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sea-plans-fire-3-shopee-052606777.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/sea-plans-fire-3-shopee-052606777.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268954726","content_text":"Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors.The Singapore-based company will begin notifying affected staff Monday at its cash-burning e-commerce arm Shopee, according to an internal memo seen by Bloomberg News. Overall, Sea plans to reduce headcount at the division by a low-single-digit percentage, a person familiar with the matter said, asking to remain anonymous discussing internal actions.Sea management announced the impending layoffs during a town hall for affected teams on Monday, without divulging precise details. The company intends to offer severance packages and assistance to affected staff members, according to the memo.“These changes are part of our ongoing efforts to optimise operating efficiency with the goal of achieving self-sufficiency across our business,” Shopee said in an e-mailed statement, without elaborating.Sea has lost about $170 billion of market value since an October high on questions about its money-making prospects in an era of rising interest rates and intensifying competition from Alibaba Group Holding Ltd. in its Asian stronghold.Last week, billionaire co-founder Forrest Li announced in an internal memo top management will forgo their salaries and tighten company expense policies, as the company, which counts Tencent Holdings Ltd. as its biggest investor, tries to shield itself from the economic slowdown.Sea’s Shopee division, in particular, has pulled back from major markets in Europe and Latin America, in addition to getting banned from India because of rising tensions with Chinese companies. Southeast Asia’s largest tech firm is planning to reduce headcount in gaming -- its most profitable division -- and new ventures at its research and development arm, Bloomberg News has reported.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224015202160768,"gmtCreate":1695728788210,"gmtModify":1695728794079,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"title":"Apple ","htmlText":"From my own perspective&nbsp; Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .&nbsp;","listText":"From my own perspective&nbsp; Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .&nbsp;","text":"From my own perspective Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224015202160768","isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":264090422554752,"gmtCreate":1705494650760,"gmtModify":1705494654745,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"Ross gerder wasnt a good fund manager haha","listText":"Ross gerder wasnt a good fund manager haha","text":"Ross gerder wasnt a good fund manager haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264090422554752","repostId":"1143612163","repostType":2,"repost":{"id":"1143612163","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":1705494600,"share":"https://ttm.financial/m/news/1143612163?lang=&edition=fundamental","pubTime":"2024-01-17 20:30","market":"us","language":"en","title":"Ross Gerber Says Elon Musk Should Buy Tesla Stock \"Like Rest Of Us\" If He Wants 25% Voting Rights","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612163","media":"Benzinga","summary":"ZINGER KEY POINTSMusk has said he feels \"uncomfortable\" steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.Despite Musk's desire for more influence, Gerber argued","content":"<html><head></head><body><h4 id=\"id_750125108\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Musk has said he feels &#34;uncomfortable&#34; steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.</p></li><li><p>Despite Musk&#39;s desire for more influence, Gerber argued that additional control seems unnecessary.</p></li><li><p>&#34;Nobody has any influence over Tesla except Elon, and so, I don&#39;t know what he is talking about,&#34; Gerber said.</p></li></ul><p><strong>Ross Gerber</strong>, President and CEO of <strong>Gerber Kawasaki Wealth and Investment Management</strong> and a <strong>Tesla Inc</strong> TSLA investor, reflected on <strong>Elon Musk</strong>‘s request for a 25% voting stake in the company on Wednesday.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> In an interview with Yahoo Finance, Gerber expressed his view, stating, “I think he should buy the stock. I think he should use his money and buy Tesla for like $25 or $30 billion like the rest of us.” </p><p style=\"text-align: start;\">He found the idea of shareholders granting Musk $30 billion worth of stock confusing, emphasizing that, as the CEO, Musk’s “fiduciary duty” is to transform Tesla into an AI/robotics company—a task for which he has already been compensated $50 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab959455df6ba83eaa75fd7c5a5e96e9\" tg-width=\"829\" tg-height=\"903\"/></p><p><strong>Musk’s Stance:</strong> Musk mentioned on X on Monday that he feels “uncomfortable” steering Tesla toward becoming a leader in AI/robotics without possessing around 25% voting control. He indicated a preference for developing products outside of Tesla unless he attained this level of control.</p><p style=\"text-align: start;\"><strong>Gerber’s Perspective:</strong> Despite Musk’s desire for more influence, Gerber argued that additional control seems unnecessary, given that Musk is currently the sole influential figure at Tesla, with his friends and family occupying positions on the board of directors. </p><p style=\"text-align: start;\">Gerber stated, “Nobody has any influence over Tesla except Elon, and so, I don’t know what he is talking about. Tesla is the closest thing to a private company as a public company.”</p><p><strong>Musk’s Stake:</strong> As of now, Musk holds over 411 million shares in Tesla, constituting approximately a 13% stake.</p><p style=\"text-align: start;\"><strong>Price Action:</strong> According to data from Benzinga Pro, Tesla shares closed up 0.5% at $219.91 on Tuesday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ross Gerber Says Elon Musk Should Buy Tesla Stock \"Like Rest Of Us\" If He Wants 25% Voting Rights</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\">\nRoss Gerber Says Elon Musk Should Buy Tesla Stock \"Like Rest Of Us\" If He Wants 25% Voting Rights\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\">2024-01-17 20:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_750125108\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Musk has said he feels &#34;uncomfortable&#34; steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.</p></li><li><p>Despite Musk&#39;s desire for more influence, Gerber argued that additional control seems unnecessary.</p></li><li><p>&#34;Nobody has any influence over Tesla except Elon, and so, I don&#39;t know what he is talking about,&#34; Gerber said.</p></li></ul><p><strong>Ross Gerber</strong>, President and CEO of <strong>Gerber Kawasaki Wealth and Investment Management</strong> and a <strong>Tesla Inc</strong> TSLA investor, reflected on <strong>Elon Musk</strong>‘s request for a 25% voting stake in the company on Wednesday.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> In an interview with Yahoo Finance, Gerber expressed his view, stating, “I think he should buy the stock. I think he should use his money and buy Tesla for like $25 or $30 billion like the rest of us.” </p><p style=\"text-align: start;\">He found the idea of shareholders granting Musk $30 billion worth of stock confusing, emphasizing that, as the CEO, Musk’s “fiduciary duty” is to transform Tesla into an AI/robotics company—a task for which he has already been compensated $50 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab959455df6ba83eaa75fd7c5a5e96e9\" tg-width=\"829\" tg-height=\"903\"/></p><p><strong>Musk’s Stance:</strong> Musk mentioned on X on Monday that he feels “uncomfortable” steering Tesla toward becoming a leader in AI/robotics without possessing around 25% voting control. He indicated a preference for developing products outside of Tesla unless he attained this level of control.</p><p style=\"text-align: start;\"><strong>Gerber’s Perspective:</strong> Despite Musk’s desire for more influence, Gerber argued that additional control seems unnecessary, given that Musk is currently the sole influential figure at Tesla, with his friends and family occupying positions on the board of directors. </p><p style=\"text-align: start;\">Gerber stated, “Nobody has any influence over Tesla except Elon, and so, I don’t know what he is talking about. Tesla is the closest thing to a private company as a public company.”</p><p><strong>Musk’s Stake:</strong> As of now, Musk holds over 411 million shares in Tesla, constituting approximately a 13% stake.</p><p style=\"text-align: start;\"><strong>Price Action:</strong> According to data from Benzinga Pro, Tesla shares closed up 0.5% at $219.91 on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612163","content_text":"ZINGER KEY POINTSMusk has said he feels \"uncomfortable\" steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.Despite Musk's desire for more influence, Gerber argued that additional control seems unnecessary.\"Nobody has any influence over Tesla except Elon, and so, I don't know what he is talking about,\" Gerber said.Ross Gerber, President and CEO of Gerber Kawasaki Wealth and Investment Management and a Tesla Inc TSLA investor, reflected on Elon Musk‘s request for a 25% voting stake in the company on Wednesday.What Happened: In an interview with Yahoo Finance, Gerber expressed his view, stating, “I think he should buy the stock. I think he should use his money and buy Tesla for like $25 or $30 billion like the rest of us.” He found the idea of shareholders granting Musk $30 billion worth of stock confusing, emphasizing that, as the CEO, Musk’s “fiduciary duty” is to transform Tesla into an AI/robotics company—a task for which he has already been compensated $50 billion.Musk’s Stance: Musk mentioned on X on Monday that he feels “uncomfortable” steering Tesla toward becoming a leader in AI/robotics without possessing around 25% voting control. He indicated a preference for developing products outside of Tesla unless he attained this level of control.Gerber’s Perspective: Despite Musk’s desire for more influence, Gerber argued that additional control seems unnecessary, given that Musk is currently the sole influential figure at Tesla, with his friends and family occupying positions on the board of directors. Gerber stated, “Nobody has any influence over Tesla except Elon, and so, I don’t know what he is talking about. Tesla is the closest thing to a private company as a public company.”Musk’s Stake: As of now, Musk holds over 411 million shares in Tesla, constituting approximately a 13% stake.Price Action: According to data from Benzinga Pro, Tesla shares closed up 0.5% at $219.91 on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":223922637832256,"gmtCreate":1695706280916,"gmtModify":1695706284667,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"Bearish&nbsp;","listText":"Bearish&nbsp;","text":"Bearish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223922637832256","repostId":"2370257737","repostType":2,"repost":{"id":"2370257737","pubTimestamp":1695698028,"share":"https://ttm.financial/m/news/2370257737?lang=&edition=fundamental","pubTime":"2023-09-26 11:13","market":"us","language":"en","title":"Once Again \"Apple's Best Days Seem Behind\", But I Disagree","url":"https://stock-news.laohu8.com/highlight/detail?id=2370257737","media":"Seeking Alpha","summary":"Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of t","content":"<html><head></head><body><ul style=\"\"><li><p>Apple is once again hit by the narrative seeing its best days behind.</p></li><li><p>Concerning news have caused a pullback.</p></li><li><p>Yet, if we look at what the company can deliver over the next decade, the present value of the discounted free cash flows is staggering.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b818a6be82a01d739c6291e81b56232e\" alt=\"Justin Sullivan/Getty Images News\" title=\"Justin Sullivan/Getty Images News\" tg-width=\"750\" tg-height=\"538\"/><span>Justin Sullivan/Getty Images News</span></p><h2 id=\"id_2487287747\">Introduction</h2><p>For the first time since I have been a Seeking Alpha user, I am seeing quite a bit of controversy on Apple (NASDAQ:AAPL). Ratings range from sell to buy every day, while until a few months ago, the consensus I usually saw was to go long this stock. As an investor who has Apple as its second largest holding, I have gone over my investment to check if the reasons I started it are still there or not.</p><h2 id=\"id_3421410024\">Recent concerns</h2><p>There has been a lot going on:</p><ul style=\"\"><li><p>China banned the use of iPhones to government employees.</p></li><li><p>France halted the sales of iPhone 12 because of concerns related to radiation levels.</p></li><li><p>Disappointment as Apple debuted iPhone 15 and iPhone 15 Plus.</p></li><li><p>Mixed takes over iPhone sales</p></li><li><p>Expensive valuation</p></li></ul><p>Regarding iPhone 15 sales, we have seen UBS saying initial demand for iPhone was mixed at best, while Wedbush sees very strong demand, just like CNN reported.</p><p>At the same time, Apple keeps on talking very little about AI during its earnings calls or events, ruling itself out of the AI-frenzy that has pushed the market up in the first half of the year. To be fair, Apple does talk about machine learning, but this seems less catchy than AI.</p><p>In addition, even the release of the Vision Pro didn&#39;t excite the market. Furthermore, current estimates see Apple&#39;s revenue declining this year and then grow at an 8% CAGR for the rest of the decade. According to many, Apple is becoming a stalwart, not growing anymore at a pace that justifies its valuation.</p><p>Yes, valuation is understandably a major concern. In fact, most people agree in considering Apple a great company, way better than the average one. However, investors start debating when it comes to valuation. Seeking Alpha Quant Rating gives Apple an F as a valuation grade. Yet, its 28.7 fwd PE is rated with a C, as well as its fwd price/FCF now at 23.7.</p><h2 id=\"id_3414207\">And Yet...</h2><p>Following the news of the ban in China, the stock dropped several percentage points. And yet, as soon as the iPhone 15 was available people in China flocked to the Apple stores.</p><p>The issue in France will lead Apple to provide an iPhone 12 software update. But we should also know that, on average, only 30% of iPhone users hold on to their phone three years or longer. Since the iPhone 12 was released in September 2020, in the next year around 70% of those who purchased in its first year of release should be upgrading to a new version which will likely be the iPhone 15.</p><p>In the most recent earnings call, Apple&#39;s CFO Luca Maestri openly said that the company&#39;s installed base counts more than 2 billion active devices establishing &#34;a solid foundation for the future expansion of the ecosystem&#34;.</p><p>Customer engagement is growing as there are more transacting accounts and paid accounts. Another 150 million paid subscriptions were added in the last 12 months, a 2x in just 3 years.</p><p>Apple&#39;s valuation seems expensive, but when we look at the FCF Yield, we see a very interesting 3.9%, which, all of a sudden, doesn&#39;t make the stock seem that expensive, even when factoring in SBCs.</p><h2 id=\"id_2990448883\">Why I am invested in Apple</h2><p>The aforementioned concerns are all over the media. YouTube is no different. Even on Seeking Alpha, sell ratings have increased.</p><p>It seems like it takes some guts to be bullish on Apple right now.</p><p>Therefore, I want to go over my bull-case to see if it is still intact.</p><p>Here are the main reasons I picked Apple at first and continued accumulating more shares from time to time:</p><ol start=\"1\" style=\"\"><li><p>Apple has the stickiest ecosystem I am aware of. In fact, at first I was weary of Apple&#39;s products and didn&#39;t want to buy one in order to be free from switching one. Then around 10 years ago, I got an iPhone as a present. From then on, I experienced firsthand a much better product and haven&#39;t even thought of switching phone, if not to upgrade my iPhone (usually every 4 years).</p></li><li><p>Apple&#39;s installed base makes its newer and growing service business unique. In fact, being a hardware manufacturer leads to a one-of-a-kind control on the services monetizing the hardware. Meta (META) knows well what we are talking about.</p></li><li><p>Though it seems from one version to the next of each product there is not much innovation, throughout these years Apple&#39;s products have been improved a lot up to the point we start to understand how the Apple Watch could be a game-changer in healthcare. I like Apple&#39;s approach to its products: they are released only when they can be perceived as the top. We will see if the Apple car will ever come to light, but we can bet that if it does, it will be a tough competitor for Tesla (TSLA) and other innovative carmakers.</p></li><li><p>Apple has always been financially disciplined, unlike Google (GOOGL, GOOG) has been until recently. The way it manages stock-based-compensation is a clear example because the company is able to preserve its FCF.</p></li><li><p>In addition to this fourth point, Apple has a clear cash-management strategy it is pursuing. Companies such as Apple sit on a lot of idle cash. This is why Apple is targeting cash neutrality, meaning it wants to have as much cash as debt.</p></li><li><p>To do this, Apple is returning a lot of cash through dividends and, most importantly, huge buybacks of about $90 billion per year, as of late. Many investors believe that, once Apple will reach cash neutrality it will significantly reduce buybacks. I have written an article where I show why I think this won&#39;t happen (Apple: Why Buybacks Won&#39;t Stop Once It Reaches Cash Neutrality) trying to imagine how much FCF Apple will generate by then.</p></li><li><p>Though the largest company in the market and though it is a mature company, Apple&#39;s growth rate keeps on being forecasted around 8-10%. This is top-line growth. In the meantime, Apple&#39;s margins have generally been growing. As Apple enters the fintech space and grows its services there, too, it is reasonable to expect higher margins down the road, in line with the overall trend shown below.</p></li></ol><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fc3e96ac22287be955a0508f36e5750\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"417\"/><span>Data by YCharts</span></p><h2 id=\"id_809695492\">The Category Apple Belongs To</h2><p>Clearly, Apple belongs to big tech. Its industry is technology, no doubt. And yet, the more I look at Apple, the more I come to consider it as a different type of company.</p><p>It is a breed of its own because it can be seen as a consumer defensive stock and a luxury stock at the same time.</p><p>Let me explain why.</p><p>To me, the best consumer defensive company I know of is Costco (COST). Consumer defensive companies produce and/or distribute consumer staples. These are goods consumers will have to buy out of necessity, regardless of economic conditions. Because of this, investors usually bid up consumer staples multiples given their stability in earnings. In particular, these multiples go up during time of uncertainties or when recessions are looming on the horizon. Now, I dare say Apple is a consumer defensive company too. In fact, as Warren Buffett said, people would rather give up a second car than their iPhone. The iPhone, in particular, has become a good consumers want to have. Actually, as far as I see it, it is not that inappropriate to see that consumers even crave the iPhone.</p><p>But the paradox lies here: the iPhone is a top tier product among smartphones. In its category, it is a luxury item and it is priced accordingly. The same is true for iPads, Macs, AirPods and the rest of Apple product lineup. Apple doesn&#39;t throw out a product unless it can be at the vertex of its category. Therefore, Apple enjoys premiums margins, just like luxury goods producers do. I have come to understanding Apple as a luxury manufacturer through my research on Ferrari (RACE). Part of the strategy between the two companies is similar and it is what makes both of them belong to luxury: they sell only top tier products.</p><p>Just like Costco, Apple is relying more and more on subscriptions. Costco attracts customers by selling goods almost at cost. Apple attracts customers in another way and in this it is more similar to Ferrari. It sells premium goods that make their owners feel good because they have purchased the best and most expensive available product.</p><p>Apple leverages its installed based as it is monetizing it more and more. In other words, Apple considers its sold devices not only as product sales revenue, but also as the key to earn more money from its users during the device lifetime. This is why Apple has started breaking down its revenue between products and services. And, guess what, while product revenue from time to time stagnates, services revenue goes up, just like we saw in the 3Q report. Products net sales decreased from $63.3 billion in 3Q 2022 to $60.6 billion this year (-4.3%). At the same time, services grew from $19.6 billion to $21.2 billion (+8.2%).</p><h2 id=\"id_1284415901\">Seeking recurrent revenue</h2><p>Back in March 2022, Bloomberg reported that Apple is working on a hardware subscription service for the iPhone which would not be equal to the full price split over 24 months, but that would really offer a new way of becoming an iPhone user. However, while this news is promising, we don&#39;t have enough data to make a forecast of the positive impact if will have on Apple.</p><p>Now, in 2016, the average Apple user was estimated to pay $1 per day for hardware and services. According to Katy Huberty, an Apple analyst, in 2022 the average user spent $280 per year on Apple hardware and an additional $69 on services.</p><p>According to the analyst Woodring, Apple users will spend in a few years $2 per day on Apple products or services. At the end of Q3 2023, Apple reported 1 billion paid subscriptions. This means that Apple will see a daily revenue of at least $2 billion, which leads to an annual revenue of $730 billion only from subscriptions, compared to the $394 billion in total sales the company reported for FY 2022.</p><p>Are investors pricing a 2x in sales in a few years? Apple trades at a price/sales ratio of 7. It means Apple&#39;s sales for the next seven years should equal today&#39;s market cap. Assuming sales will stay flat at $400 billion, we have exactly $2.8 trillion in 7 years, which is the current market cap. Therefore, on a price/sales ratio, Apple will only need to increase by a couple of percentage points its top-line and today&#39;s price will seem cheap.</p><h2 id=\"id_51013887\">Valuation</h2><p>Apple has had a nice run this year, with the stock moving all the way from the $120s to almost $200 before it retraced in the $170s.</p><p>What I want to do here is to show why I am not at all concerned with today&#39;s valuation, which I actually think to be fair, if not still a bit cheap. I plan on holding Apple for many decades and possibly hand over my holding to my children.</p><p>I ran two different DCF models. The first one focuses on the next five years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/70859ee6607e6e76829a3d93d8ed9d49\" alt=\"Author, with estimates and TTM data from SA\" title=\"Author, with estimates and TTM data from SA\" tg-width=\"640\" tg-height=\"190\"/><span>Author, with estimates and TTM data from SA</span></p><p>Forecasting a FCF growth around 9% and discounting it at 7.80% (Apple&#39;s WACC is calculated to be 8.80% but I took off one percentage point to award the company a premium), I actually happen to find Apple&#39;s fair price at $200, which gives us already a nice $25 upside (14%). I usually consider a range of +/- 15 percentage points to be the fair price range.</p><p>But let&#39;s zoom out and try to look at what could happen over the next ten years. Here I start from the top-line and then calculate the EBITDA. From here I subtract capex, interest expenses and taxes to get a rough estimate of the generated free cash flow.</p><p>I stayed a bit more conservative and assumed a 7% revenue growth. Estimates are usually above this. I also chose to keep EBITDA margins flat at 33%, even though Apple should see its margins widen as its service business picks up speed. Even on the tax rate I have exceeded because Apple is usually able to pay well below 20%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e348a05637dbf18792966899a82ebff3\" alt=\"Author\" title=\"Author\" tg-width=\"640\" tg-height=\"327\"/><span>Author</span></p><p>In any case, let&#39;s look at some numbers and see if they are really concerning. Apple currently has a $2.7 trillion market cap. In the next decade it should generated at least $1.3 trillion in free cash flow. If we add in the terminal value (forecasted FCF of 2034 / discount rate - perpetual growth rate) we have a DCF value of almost $6.5 trillion. I am not kidding when I do believe Apple can reach this market cap within the decade. I actually believe we will see even better numbers than the ones in this model as Apple over the long-term usually overdelivers.</p><h2 id=\"id_774028483\">Conclusion</h2><p>Can Apple 2x once again? Yes. Will it happen soon? Maybe not. Will Apple over the long-term generate an enormous amount of FCF? Yes. Is this really at risk? Not particularly. Is there a specific reason to worry about Apple&#39;s business and its trajectory? I don&#39;t see any substantial weakness in the company. Is there a real threat to Apple&#39;s brand appeal and its dominance? No.</p><p>There are times when much buzz is made around a stock. People will sell it out of fear and it will probably be Apple itself that will buy those shares from them.</p><p>Patience is key in investing. Being invested in Apple requires some patience to let it compound year after year. As for me, I think Apple will do just fine and I am actually considering this new dip as another opportunity to buy a few more shares.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Once Again \"Apple's Best Days Seem Behind\", But I Disagree</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\">\nOnce Again \"Apple's Best Days Seem Behind\", But I Disagree\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-26 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4637072-once-again-apples-best-days-seem-behind-but-i-disagree><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4637072-once-again-apples-best-days-seem-behind-but-i-disagree\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0823411888.USD":"法巴消费创新基金 Cap","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4501":"段永平概念","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0080751232.USD":"富达环球多元动力基金A","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4505":"高瓴资本持仓","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4504":"桥水持仓","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4099":"汽车制造商","LU0823414478.USD":"法巴经典能源转换基金","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","AAPL":"苹果","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","BK4592":"伊斯兰概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4507":"流媒体概念","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc"},"source_url":"https://seekingalpha.com/article/4637072-once-again-apples-best-days-seem-behind-but-i-disagree","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2370257737","content_text":"Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of the discounted free cash flows is staggering.Justin Sullivan/Getty Images NewsIntroductionFor the first time since I have been a Seeking Alpha user, I am seeing quite a bit of controversy on Apple (NASDAQ:AAPL). Ratings range from sell to buy every day, while until a few months ago, the consensus I usually saw was to go long this stock. As an investor who has Apple as its second largest holding, I have gone over my investment to check if the reasons I started it are still there or not.Recent concernsThere has been a lot going on:China banned the use of iPhones to government employees.France halted the sales of iPhone 12 because of concerns related to radiation levels.Disappointment as Apple debuted iPhone 15 and iPhone 15 Plus.Mixed takes over iPhone salesExpensive valuationRegarding iPhone 15 sales, we have seen UBS saying initial demand for iPhone was mixed at best, while Wedbush sees very strong demand, just like CNN reported.At the same time, Apple keeps on talking very little about AI during its earnings calls or events, ruling itself out of the AI-frenzy that has pushed the market up in the first half of the year. To be fair, Apple does talk about machine learning, but this seems less catchy than AI.In addition, even the release of the Vision Pro didn't excite the market. Furthermore, current estimates see Apple's revenue declining this year and then grow at an 8% CAGR for the rest of the decade. According to many, Apple is becoming a stalwart, not growing anymore at a pace that justifies its valuation.Yes, valuation is understandably a major concern. In fact, most people agree in considering Apple a great company, way better than the average one. However, investors start debating when it comes to valuation. Seeking Alpha Quant Rating gives Apple an F as a valuation grade. Yet, its 28.7 fwd PE is rated with a C, as well as its fwd price/FCF now at 23.7.And Yet...Following the news of the ban in China, the stock dropped several percentage points. And yet, as soon as the iPhone 15 was available people in China flocked to the Apple stores.The issue in France will lead Apple to provide an iPhone 12 software update. But we should also know that, on average, only 30% of iPhone users hold on to their phone three years or longer. Since the iPhone 12 was released in September 2020, in the next year around 70% of those who purchased in its first year of release should be upgrading to a new version which will likely be the iPhone 15.In the most recent earnings call, Apple's CFO Luca Maestri openly said that the company's installed base counts more than 2 billion active devices establishing \"a solid foundation for the future expansion of the ecosystem\".Customer engagement is growing as there are more transacting accounts and paid accounts. Another 150 million paid subscriptions were added in the last 12 months, a 2x in just 3 years.Apple's valuation seems expensive, but when we look at the FCF Yield, we see a very interesting 3.9%, which, all of a sudden, doesn't make the stock seem that expensive, even when factoring in SBCs.Why I am invested in AppleThe aforementioned concerns are all over the media. YouTube is no different. Even on Seeking Alpha, sell ratings have increased.It seems like it takes some guts to be bullish on Apple right now.Therefore, I want to go over my bull-case to see if it is still intact.Here are the main reasons I picked Apple at first and continued accumulating more shares from time to time:Apple has the stickiest ecosystem I am aware of. In fact, at first I was weary of Apple's products and didn't want to buy one in order to be free from switching one. Then around 10 years ago, I got an iPhone as a present. From then on, I experienced firsthand a much better product and haven't even thought of switching phone, if not to upgrade my iPhone (usually every 4 years).Apple's installed base makes its newer and growing service business unique. In fact, being a hardware manufacturer leads to a one-of-a-kind control on the services monetizing the hardware. Meta (META) knows well what we are talking about.Though it seems from one version to the next of each product there is not much innovation, throughout these years Apple's products have been improved a lot up to the point we start to understand how the Apple Watch could be a game-changer in healthcare. I like Apple's approach to its products: they are released only when they can be perceived as the top. We will see if the Apple car will ever come to light, but we can bet that if it does, it will be a tough competitor for Tesla (TSLA) and other innovative carmakers.Apple has always been financially disciplined, unlike Google (GOOGL, GOOG) has been until recently. The way it manages stock-based-compensation is a clear example because the company is able to preserve its FCF.In addition to this fourth point, Apple has a clear cash-management strategy it is pursuing. Companies such as Apple sit on a lot of idle cash. This is why Apple is targeting cash neutrality, meaning it wants to have as much cash as debt.To do this, Apple is returning a lot of cash through dividends and, most importantly, huge buybacks of about $90 billion per year, as of late. Many investors believe that, once Apple will reach cash neutrality it will significantly reduce buybacks. I have written an article where I show why I think this won't happen (Apple: Why Buybacks Won't Stop Once It Reaches Cash Neutrality) trying to imagine how much FCF Apple will generate by then.Though the largest company in the market and though it is a mature company, Apple's growth rate keeps on being forecasted around 8-10%. This is top-line growth. In the meantime, Apple's margins have generally been growing. As Apple enters the fintech space and grows its services there, too, it is reasonable to expect higher margins down the road, in line with the overall trend shown below.Data by YChartsThe Category Apple Belongs ToClearly, Apple belongs to big tech. Its industry is technology, no doubt. And yet, the more I look at Apple, the more I come to consider it as a different type of company.It is a breed of its own because it can be seen as a consumer defensive stock and a luxury stock at the same time.Let me explain why.To me, the best consumer defensive company I know of is Costco (COST). Consumer defensive companies produce and/or distribute consumer staples. These are goods consumers will have to buy out of necessity, regardless of economic conditions. Because of this, investors usually bid up consumer staples multiples given their stability in earnings. In particular, these multiples go up during time of uncertainties or when recessions are looming on the horizon. Now, I dare say Apple is a consumer defensive company too. In fact, as Warren Buffett said, people would rather give up a second car than their iPhone. The iPhone, in particular, has become a good consumers want to have. Actually, as far as I see it, it is not that inappropriate to see that consumers even crave the iPhone.But the paradox lies here: the iPhone is a top tier product among smartphones. In its category, it is a luxury item and it is priced accordingly. The same is true for iPads, Macs, AirPods and the rest of Apple product lineup. Apple doesn't throw out a product unless it can be at the vertex of its category. Therefore, Apple enjoys premiums margins, just like luxury goods producers do. I have come to understanding Apple as a luxury manufacturer through my research on Ferrari (RACE). Part of the strategy between the two companies is similar and it is what makes both of them belong to luxury: they sell only top tier products.Just like Costco, Apple is relying more and more on subscriptions. Costco attracts customers by selling goods almost at cost. Apple attracts customers in another way and in this it is more similar to Ferrari. It sells premium goods that make their owners feel good because they have purchased the best and most expensive available product.Apple leverages its installed based as it is monetizing it more and more. In other words, Apple considers its sold devices not only as product sales revenue, but also as the key to earn more money from its users during the device lifetime. This is why Apple has started breaking down its revenue between products and services. And, guess what, while product revenue from time to time stagnates, services revenue goes up, just like we saw in the 3Q report. Products net sales decreased from $63.3 billion in 3Q 2022 to $60.6 billion this year (-4.3%). At the same time, services grew from $19.6 billion to $21.2 billion (+8.2%).Seeking recurrent revenueBack in March 2022, Bloomberg reported that Apple is working on a hardware subscription service for the iPhone which would not be equal to the full price split over 24 months, but that would really offer a new way of becoming an iPhone user. However, while this news is promising, we don't have enough data to make a forecast of the positive impact if will have on Apple.Now, in 2016, the average Apple user was estimated to pay $1 per day for hardware and services. According to Katy Huberty, an Apple analyst, in 2022 the average user spent $280 per year on Apple hardware and an additional $69 on services.According to the analyst Woodring, Apple users will spend in a few years $2 per day on Apple products or services. At the end of Q3 2023, Apple reported 1 billion paid subscriptions. This means that Apple will see a daily revenue of at least $2 billion, which leads to an annual revenue of $730 billion only from subscriptions, compared to the $394 billion in total sales the company reported for FY 2022.Are investors pricing a 2x in sales in a few years? Apple trades at a price/sales ratio of 7. It means Apple's sales for the next seven years should equal today's market cap. Assuming sales will stay flat at $400 billion, we have exactly $2.8 trillion in 7 years, which is the current market cap. Therefore, on a price/sales ratio, Apple will only need to increase by a couple of percentage points its top-line and today's price will seem cheap.ValuationApple has had a nice run this year, with the stock moving all the way from the $120s to almost $200 before it retraced in the $170s.What I want to do here is to show why I am not at all concerned with today's valuation, which I actually think to be fair, if not still a bit cheap. I plan on holding Apple for many decades and possibly hand over my holding to my children.I ran two different DCF models. The first one focuses on the next five years.Author, with estimates and TTM data from SAForecasting a FCF growth around 9% and discounting it at 7.80% (Apple's WACC is calculated to be 8.80% but I took off one percentage point to award the company a premium), I actually happen to find Apple's fair price at $200, which gives us already a nice $25 upside (14%). I usually consider a range of +/- 15 percentage points to be the fair price range.But let's zoom out and try to look at what could happen over the next ten years. Here I start from the top-line and then calculate the EBITDA. From here I subtract capex, interest expenses and taxes to get a rough estimate of the generated free cash flow.I stayed a bit more conservative and assumed a 7% revenue growth. Estimates are usually above this. I also chose to keep EBITDA margins flat at 33%, even though Apple should see its margins widen as its service business picks up speed. Even on the tax rate I have exceeded because Apple is usually able to pay well below 20%.AuthorIn any case, let's look at some numbers and see if they are really concerning. Apple currently has a $2.7 trillion market cap. In the next decade it should generated at least $1.3 trillion in free cash flow. If we add in the terminal value (forecasted FCF of 2034 / discount rate - perpetual growth rate) we have a DCF value of almost $6.5 trillion. I am not kidding when I do believe Apple can reach this market cap within the decade. I actually believe we will see even better numbers than the ones in this model as Apple over the long-term usually overdelivers.ConclusionCan Apple 2x once again? Yes. Will it happen soon? Maybe not. Will Apple over the long-term generate an enormous amount of FCF? Yes. Is this really at risk? Not particularly. Is there a specific reason to worry about Apple's business and its trajectory? I don't see any substantial weakness in the company. Is there a real threat to Apple's brand appeal and its dominance? No.There are times when much buzz is made around a stock. People will sell it out of fear and it will probably be Apple itself that will buy those shares from them.Patience is key in investing. Being invested in Apple requires some patience to let it compound year after year. As for me, I think Apple will do just fine and I am actually considering this new dip as another opportunity to buy a few more shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188966209355784,"gmtCreate":1687159849081,"gmtModify":1687159853203,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"Later at night up again lol","listText":"Later at night up again lol","text":"Later at night up again lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188966209355784","repostId":"2344173579","repostType":2,"repost":{"id":"2344173579","pubTimestamp":1687158368,"share":"https://ttm.financial/m/news/2344173579?lang=&edition=fundamental","pubTime":"2023-06-19 15:06","market":"us","language":"en","title":"NIO: Time To Bail Out?","url":"https://stock-news.laohu8.com/highlight/detail?id=2344173579","media":"Seeking Alpha","summary":"SummaryNIO’s cash reserves are depleting while the cash burn starts to reach unsustainable levels.Th","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>NIO’s cash reserves are depleting while the cash burn starts to reach unsustainable levels.</p></li><li><p>The ongoing price war in the EV industry has already diminished NIO’s margins and made it even harder for the business to reach a breakeven point anytime soon.</p></li><li><p>Given all the challenges that NIO is currently facing, it appears that another capital raise is only a matter of time.</p></li><li><p>Therefore, it’s hard to justify owning NIO’s shares for the long term, especially since the business’s global ambitions could soon be undermined as well.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/875e8d302f7a082fdaa14fb84f9eac6e\" alt=\"Michael Vi\" title=\"Michael Vi\" tg-width=\"750\" tg-height=\"476\"/><span>Michael Vi</span></p><p>NIO (NYSE:NIO) is in the middle of a crisis, and it seems that it&#39;s only a matter of time before the company announces another capital raise. Due to the relatively weak performance in recent months, the company is unlikely to meet its annual production goals this year, while the ongoing price war within the EV industry has already led to the margin contraction and made NIO reach the unsustainable levels of cash burn. Add to all of this the fact that the company&#39;s global ambitions could be undermined due to the lack of pricing advantage along with the increase of geopolitical risks, and it becomes obvious that NIO&#39;s upside is limited. Therefore, even though its stock could gain some momentum in the short-term due to the improvement of the overall market sentiment, it&#39;s hard to justify owning the company&#39;s shares for the long-term given all the challenges that the business faces.</p><h2>It&#39;s Getting Worse</h2><p>Since the start of the year, NIO has been actively engaged in trying to aggressively expand its business, thanks to the increased demand for electric vehicles in China and across the globe. In late March, the company opened its third showroom in Europe, after which it hinted that it was preparing to launch a small new budget EV for the European market next year. At the same time, back at home, it launched the newest version of its budget-friendly crossover ES6 only a few weeks ago, which has an estimated range from 490 km to 625 km. On top of that, there&#39;s also an indication that NIO is about to upgrade the batteries of some of its vehicles, which will come from a semi-solid-state battery supplier in the foreseeable future.</p><p>However, despite all of those developments, NIO continues to disappoint its shareholders and makes it hard to consider its stock as a solid investment. Just last week, the company revealed its Q1 earnings results which showed that while its revenues were up 7.7% Y/Y to $1.55 billion, they were nevertheless below the street estimates. At the same time, its non-GAAP EPADS were -$0.36 per share, while the business itself barely managed to meet its quarterly delivery target by delivering 31,041 EVs during the three-month period.</p><p>What&#39;s worse is that the situation is unlikely to significantly improve in the following months. For Q2, NIO already expects its revenue to be in the range of $1.27 billion to $1.36 billion, which is a decrease of between 15.1% Y/Y and 9% Y/Y. On top of that, it also expects to deliver 23,000 to 25,000 vehicles during the second quarter, which also represents a decrease of between 8.2% and 0.2% in comparison to the year before.</p><p>Considering that in April and May NIO already delivered 6658 and 6155 vehicles, respectively, it means that in June alone it needs to deliver at least 10,187 EVs to meet its minimum target for the quarter. While the company could get an additional boost in sales thanks to the recent launch of ES6, there&#39;s still a decent chance that NIO could fail to reach its targets given its relatively weak performance in the last two months.</p><p>In addition to all of this, in late 2022 NIO&#39;s CEO indirectly hinted that he expects the company&#39;s sales to be over 200,000 in 2023, while the business&#39;s CFO later in March in an interview to Bloomberg said that he&#39;s confident that they&#39;ll be able to sell 250,000 EVs this year. Considering NIO&#39;s relatively weak performance in the first half of the current year, I find it hard to believe that the company will be able to produce over ~140,000 vehicles in the second half of 2023 to reach the goal of delivering even 200,000 EVs.</p><p>What&#39;s worse is that on top of expecting a decrease in revenues and deliveries in Q2, the company&#39;s margins are likely to continue to decrease even more due to the ongoing price war in the EV market. In Q1, NIO&#39;s vehicle margins already decreased to 5.1% from 18.1% a year ago, and given the company&#39;s latest decision to cut prices for all of its models by $4000, there is every reason to believe that the bottom-line performance would suffer even more in the following quarters. At the same time, by ending the free battery swapping program there&#39;s a risk that customers would be incentivized to purchase vehicles of the company&#39;s competitors as it would make even less sense to acquire NIO&#39;s EVs when one of the most important and popular features is no longer free.</p><p>Therefore, as the ongoing price war has no end in sight, and it becomes even harder for the business to stop the cash burn due to the declining margins and increasing expenses, it would be safe to assume that later this year NIO would be prompted to execute another capital raise to stay afloat. Back in 2021, NIO has already executed a $2 billion ATM offering which diluted its shareholders but also increased its liquidity from $6.7 billion in Q3&#39;21 to $8.3 billion in Q4&#39;21. However, after nearly two years after that capital raise the business is still significantly unprofitable and the expected relatively weak performance in the following months along with the increase in competition will make it hard for NIO to reach a breakeven point anytime soon. At the end of Q1&#39;23, the company already had only $4.8 billion in cash reserves and as those reserves dwindle while profits are not expected in the following years, a capital raise appears to be only a matter of time.</p><h2>Global Ambitions Ruined?</h2><p>Another issue that NIO currently faces is the inability to properly compete on a global stage. Recently, the company&#39;s CEO has indicated that NIO has the ambition to take on the German-based legacy automaker Volkswagen (OTCPK:VWAGY) in its own market by launching a new electric model in Europe at a price of under €30,000. However, NIO is more than likely to face several major challenges that could undermine its European endeavors in the foreseeable future.</p><p>First of all, the company plans to produce new models for European consumers back in China in a factory that&#39;s currently under a construction. As such, there is every reason to believe that NIO won&#39;t have a major pricing power in the European region, since higher shipping costs along with the vulnerability of long-distance supply chains would make it higher for the business to successfully compete with legacy brands that have production facilities in Europe. This is one of the reasons why Tesla (TSLA) has been actively diversifying its supply chains and opened the factory in Berlin last year to have better pricing power in the region.</p><p>Add to all of this the fact that NIO&#39;s vehicle margins are already thin and are on a decline due to the price war, and it becomes even harder to believe that the company will be able to successfully compete with the well-established names without burning even more cash than today. There&#39;s also no guarantee that European consumers would be interested in purchasing NIO&#39;s cars in the first place. In Q1, the company sold only 328 of its cars in Europe, while in Q2 so far it sold only 287 of its vehicles there. Volkswagen on the other hand has been selling over 60,000 EVs in Europe each quarter in the last few quarters. Considering this, it&#39;s hard to see how NIO plans to establish a solid ground in the region given all the challenges that it currently faces, while at the same time, the potential worsening of the Sino-European relations would make it even harder for the company to aggressively expand in the region in the following years.</p><p>What&#39;s worse is that NIO hasn&#39;t been able to successfully penetrate Europe so far, and yet there are already plans to enter the United States market in 2025. In my opinion, this plan is mostly wishful thinking due to the fierce competition in the region along with the lack of any production facility there as well. In addition, the worsening of Sino-American relations would make it even harder for any Chinese brand to penetrate the U.S. market in the foreseeable future. NIO has already experienced the impact of the ongoing trade war as the implementation of the American export restrictions on chips last year has likely negatively affected its data center infrastructure which was run on Nvidia&#39;s (NVDA) A100 GPUs. While Nvidia managed to get around the restrictions by offering a cut-down version of A100 GPUs for the Chinese market, a potential Sino-American confrontation in the future makes it hard to believe that NIO would be able to establish a solid presence in the United States in the future. Add to all of this the fact that there&#39;s still a risk that NIO&#39;s shares could be delisted from American exchanges due to the issues with audits of Chinese-based firms, and it becomes obvious that the company&#39;s global ambitions could be ruined at any moment.</p><h2>The Bottom Line</h2><p>Given all the challenges that NIO faces, it&#39;s hard to justify the company&#39;s current $15 billion market cap. There are already questions about whether the company&#39;s global expansion is sustainable in the long-term, while the ongoing price war in the EV industry would make it even harder for the automaker to stop the cash burn and become profitable. The street currently believes that NIO could reach a breakeven point in 2026, but a potential further margin contraction along with the potential inability to reach its delivery targets for this year could make those expectations sound too optimistic. As such, I believe that there&#39;s no point in even bothering to invest in the company at this stage as capital raise is likely around the corner given the unsustainable cash burn levels.</p><p><em>This article is written by </em><strong><em>Bohdan Kucheriavyi</em></strong><em> for reference only. Please note the risks.</em></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO: Time To Bail Out?</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; 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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\">\nNIO: Time To Bail Out?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-19 15:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611894-nio-time-to-bail-out><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNIO’s cash reserves are depleting while the cash burn starts to reach unsustainable levels.The ongoing price war in the EV industry has already diminished NIO’s margins and made it even harder ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611894-nio-time-to-bail-out\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0056508442.USD":"贝莱德世界科技基金A2","NIO":"蔚来","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4099":"汽车制造商","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","09866":"蔚来-SW","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","BK4531":"中概回港概念","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4551":"寇图资本持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4543":"AI","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4548":"巴美列捷福持仓","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4555":"新能源车","LU0052750758.USD":"富兰克林中国基金A Acc","BK4550":"红杉资本持仓","BK4504":"桥水持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4529":"IDC概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","NIO.SI":"蔚来","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0823411888.USD":"法巴消费创新基金 Cap","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0109392836.USD":"富兰克林科技股A"},"source_url":"https://seekingalpha.com/article/4611894-nio-time-to-bail-out","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2344173579","content_text":"SummaryNIO’s cash reserves are depleting while the cash burn starts to reach unsustainable levels.The ongoing price war in the EV industry has already diminished NIO’s margins and made it even harder for the business to reach a breakeven point anytime soon.Given all the challenges that NIO is currently facing, it appears that another capital raise is only a matter of time.Therefore, it’s hard to justify owning NIO’s shares for the long term, especially since the business’s global ambitions could soon be undermined as well.Michael ViNIO (NYSE:NIO) is in the middle of a crisis, and it seems that it's only a matter of time before the company announces another capital raise. Due to the relatively weak performance in recent months, the company is unlikely to meet its annual production goals this year, while the ongoing price war within the EV industry has already led to the margin contraction and made NIO reach the unsustainable levels of cash burn. Add to all of this the fact that the company's global ambitions could be undermined due to the lack of pricing advantage along with the increase of geopolitical risks, and it becomes obvious that NIO's upside is limited. Therefore, even though its stock could gain some momentum in the short-term due to the improvement of the overall market sentiment, it's hard to justify owning the company's shares for the long-term given all the challenges that the business faces.It's Getting WorseSince the start of the year, NIO has been actively engaged in trying to aggressively expand its business, thanks to the increased demand for electric vehicles in China and across the globe. In late March, the company opened its third showroom in Europe, after which it hinted that it was preparing to launch a small new budget EV for the European market next year. At the same time, back at home, it launched the newest version of its budget-friendly crossover ES6 only a few weeks ago, which has an estimated range from 490 km to 625 km. On top of that, there's also an indication that NIO is about to upgrade the batteries of some of its vehicles, which will come from a semi-solid-state battery supplier in the foreseeable future.However, despite all of those developments, NIO continues to disappoint its shareholders and makes it hard to consider its stock as a solid investment. Just last week, the company revealed its Q1 earnings results which showed that while its revenues were up 7.7% Y/Y to $1.55 billion, they were nevertheless below the street estimates. At the same time, its non-GAAP EPADS were -$0.36 per share, while the business itself barely managed to meet its quarterly delivery target by delivering 31,041 EVs during the three-month period.What's worse is that the situation is unlikely to significantly improve in the following months. For Q2, NIO already expects its revenue to be in the range of $1.27 billion to $1.36 billion, which is a decrease of between 15.1% Y/Y and 9% Y/Y. On top of that, it also expects to deliver 23,000 to 25,000 vehicles during the second quarter, which also represents a decrease of between 8.2% and 0.2% in comparison to the year before.Considering that in April and May NIO already delivered 6658 and 6155 vehicles, respectively, it means that in June alone it needs to deliver at least 10,187 EVs to meet its minimum target for the quarter. While the company could get an additional boost in sales thanks to the recent launch of ES6, there's still a decent chance that NIO could fail to reach its targets given its relatively weak performance in the last two months.In addition to all of this, in late 2022 NIO's CEO indirectly hinted that he expects the company's sales to be over 200,000 in 2023, while the business's CFO later in March in an interview to Bloomberg said that he's confident that they'll be able to sell 250,000 EVs this year. Considering NIO's relatively weak performance in the first half of the current year, I find it hard to believe that the company will be able to produce over ~140,000 vehicles in the second half of 2023 to reach the goal of delivering even 200,000 EVs.What's worse is that on top of expecting a decrease in revenues and deliveries in Q2, the company's margins are likely to continue to decrease even more due to the ongoing price war in the EV market. In Q1, NIO's vehicle margins already decreased to 5.1% from 18.1% a year ago, and given the company's latest decision to cut prices for all of its models by $4000, there is every reason to believe that the bottom-line performance would suffer even more in the following quarters. At the same time, by ending the free battery swapping program there's a risk that customers would be incentivized to purchase vehicles of the company's competitors as it would make even less sense to acquire NIO's EVs when one of the most important and popular features is no longer free.Therefore, as the ongoing price war has no end in sight, and it becomes even harder for the business to stop the cash burn due to the declining margins and increasing expenses, it would be safe to assume that later this year NIO would be prompted to execute another capital raise to stay afloat. Back in 2021, NIO has already executed a $2 billion ATM offering which diluted its shareholders but also increased its liquidity from $6.7 billion in Q3'21 to $8.3 billion in Q4'21. However, after nearly two years after that capital raise the business is still significantly unprofitable and the expected relatively weak performance in the following months along with the increase in competition will make it hard for NIO to reach a breakeven point anytime soon. At the end of Q1'23, the company already had only $4.8 billion in cash reserves and as those reserves dwindle while profits are not expected in the following years, a capital raise appears to be only a matter of time.Global Ambitions Ruined?Another issue that NIO currently faces is the inability to properly compete on a global stage. Recently, the company's CEO has indicated that NIO has the ambition to take on the German-based legacy automaker Volkswagen (OTCPK:VWAGY) in its own market by launching a new electric model in Europe at a price of under €30,000. However, NIO is more than likely to face several major challenges that could undermine its European endeavors in the foreseeable future.First of all, the company plans to produce new models for European consumers back in China in a factory that's currently under a construction. As such, there is every reason to believe that NIO won't have a major pricing power in the European region, since higher shipping costs along with the vulnerability of long-distance supply chains would make it higher for the business to successfully compete with legacy brands that have production facilities in Europe. This is one of the reasons why Tesla (TSLA) has been actively diversifying its supply chains and opened the factory in Berlin last year to have better pricing power in the region.Add to all of this the fact that NIO's vehicle margins are already thin and are on a decline due to the price war, and it becomes even harder to believe that the company will be able to successfully compete with the well-established names without burning even more cash than today. There's also no guarantee that European consumers would be interested in purchasing NIO's cars in the first place. In Q1, the company sold only 328 of its cars in Europe, while in Q2 so far it sold only 287 of its vehicles there. Volkswagen on the other hand has been selling over 60,000 EVs in Europe each quarter in the last few quarters. Considering this, it's hard to see how NIO plans to establish a solid ground in the region given all the challenges that it currently faces, while at the same time, the potential worsening of the Sino-European relations would make it even harder for the company to aggressively expand in the region in the following years.What's worse is that NIO hasn't been able to successfully penetrate Europe so far, and yet there are already plans to enter the United States market in 2025. In my opinion, this plan is mostly wishful thinking due to the fierce competition in the region along with the lack of any production facility there as well. In addition, the worsening of Sino-American relations would make it even harder for any Chinese brand to penetrate the U.S. market in the foreseeable future. NIO has already experienced the impact of the ongoing trade war as the implementation of the American export restrictions on chips last year has likely negatively affected its data center infrastructure which was run on Nvidia's (NVDA) A100 GPUs. While Nvidia managed to get around the restrictions by offering a cut-down version of A100 GPUs for the Chinese market, a potential Sino-American confrontation in the future makes it hard to believe that NIO would be able to establish a solid presence in the United States in the future. Add to all of this the fact that there's still a risk that NIO's shares could be delisted from American exchanges due to the issues with audits of Chinese-based firms, and it becomes obvious that the company's global ambitions could be ruined at any moment.The Bottom LineGiven all the challenges that NIO faces, it's hard to justify the company's current $15 billion market cap. There are already questions about whether the company's global expansion is sustainable in the long-term, while the ongoing price war in the EV industry would make it even harder for the automaker to stop the cash burn and become profitable. The street currently believes that NIO could reach a breakeven point in 2026, but a potential further margin contraction along with the potential inability to reach its delivery targets for this year could make those expectations sound too optimistic. As such, I believe that there's no point in even bothering to invest in the company at this stage as capital raise is likely around the corner given the unsustainable cash burn levels.This article is written by Bohdan Kucheriavyi for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306834577285392,"gmtCreate":1715945949492,"gmtModify":1715945953462,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"Millionaires creator share","listText":"Millionaires creator share","text":"Millionaires creator share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306834577285392","isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947786021,"gmtCreate":1683609553664,"gmtModify":1683609559259,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"Happy","listText":"Happy","text":"Happy","images":[{"img":"https://community-static.tradeup.com/news/43923370f35172b6d4625750387be969","width":"1170","height":"2532"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947786021","isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9016612553,"gmtCreate":1649180928972,"gmtModify":1676534464446,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>This is damn sucks&nbsp;","listText":"<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>This is damn sucks&nbsp;","text":"$Rivian Automotive, Inc.(RIVN)$This is damn sucks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016612553","isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373180241,"gmtCreate":1618831105983,"gmtModify":1704715490364,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578228675225721","idStr":"3578228675225721"},"themes":[],"htmlText":"People who wrote this&nbsp;is truly a Joker&nbsp;!We 00 90 see&nbsp;themselves in 2040&nbsp;Using crypto for daily life&nbsp;Writer&nbsp;Using paper notes playing monopoly hahaha&nbsp;","listText":"People who wrote this&nbsp;is truly a Joker&nbsp;!We 00 90 see&nbsp;themselves in 2040&nbsp;Using crypto for daily life&nbsp;Writer&nbsp;Using paper notes playing monopoly hahaha&nbsp;","text":"People who wrote this is truly a Joker !We 00 90 see themselves in 2040 Using crypto for daily life Writer Using paper notes playing monopoly hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373180241","repostId":"2128898947","repostType":4,"repost":{"id":"2128898947","pubTimestamp":1618827300,"share":"https://ttm.financial/m/news/2128898947?lang=&edition=fundamental","pubTime":"2021-04-19 18:15","market":"us","language":"en","title":"Forget Dogecoin: These 3 Stocks Are Much Smarter Buys","url":"https://stock-news.laohu8.com/highlight/detail?id=2128898947","media":"Motley Fool","summary":"These high-growth stocks should trounce cryptocurrency Dogecoin over the long term.","content":"<p>Over the long run, the stock market has proved, time and again, it's the greatest wealth creator on the planet. For instance, the benchmark <b>S&amp;P 500</b> has delivered an average annual total return, including dividends, of greater than 10% since the beginning of 1980. Keep in mind this includes the dot-com bubble, the Great Recession, and the coronavirus crash.</p>\n<p>But in recent years, it's been cryptocurrencies that've run circles around equities. Young investors, in particular, have been drawn to the decentralized and unregulated nature of digital currencies, as well as the neck-breaking volatility that often comes with owning crypto.</p>\n<h2>Dogecoin is flying, but you're foolish if you're buying</h2>\n<p>For much of the past week, it's cryptocurrency <b>Dogecoin</b> (CRYPTO:DOGE) that's been garnering the attention of momentum players, retail investors, and digital currency enthusiasts. As of late afternoon Friday, April 16, Dogecoin could be purchased for about $0.31 per token. For context, it began the week at $0.07, and is higher by more than 15,400% over the trailing year. That would top the gain of every single publicly traded stock over the past year.</p>\n<p>If you're wondering why Dogecoin has been on fire, it looks to be a combination of tweets/pumping from Elon Musk, the CEO of <b>Tesla Motors</b>, and technical moves, which take into account volume and chart patterns.</p>\n<p>However, the story behind Dogecoin and its real-world utility are major red flags that true investors should be aware of. For instance, two engineers created Dogecoin in 2013 in a matter of hours as a joke. The idea was to combine the two buzziest things on the internet at the time -- a Shiba Inu dog meme and the cryptocurrency craze -- into a single entity. Thus was born Dogecoin.</p>\n<p>Dogecoin lacks substantive differentiation, relative to other digital currencies, and it has extremely limited utility. According to <i>International Business Times</i> via Dogecoins.com, 48 businesses accept Dogecoin. Meanwhile, online company directory Cryptwerk listed in the neighborhood of 1,200 place, stores, and services accepting Dogecoin, as of April 16.</p>\n<p>But here's a number to keep in mind: There are more than 32 million businesses in the U.S. alone. Further, according to <i>The Hill</i>, there are an estimated 582 million entrepreneurs worldwide. About 1,200 of these businesses, at most, accept Dogecoin. That's how minimal the utility is.</p>\n<h2>This trio of stocks make for much smarter investments than Dogecoin</h2>\n<p>Rather than throwing your hard-earned money at a pump-and-dump asset like Dogecoin, consider putting your money to work in the following three much smarter buys.</p>\n<h2><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com</h2>\n<p>A considerably smarter way of putting your money to work right now would be to buy shares of cloud-based customer relationship management (CRM) software provider <b>salesforce.com</b> (NYSE:CRM). Despite its megacap size ($214 billion market cap), it offers sustainable sales growth of 20% or higher for the next half-decade, if not longer.</p>\n<p>For those unfamiliar, CRM software is used by consumer-facing businesses to handle tasks like logging customer information and overseeing service or product issues. It's also handy when managing online marketing campaigns and as a predictive tool for suggesting new products and services to existing clients based on their buying history or other metrics. CRM software makes a lot of sense for the retail and service industries, but is finding plenty of momentum in nontraditional places, such as banks and hospitals.</p>\n<p>What makes salesforce such a beast is the company's utter dominance of global CRM revenue. In the first half of 2020, IDC estimated that salesforce controlled just shy of 20% of global CRM revenue. That was more than No.'s 2 through 5 on its global share list, combined. This makes salesforce the logical go-to for big businesses looking to incorporate CRM software.</p>\n<p>Salesforce is also in the process of acquiring enterprise-focused communications platform <b><a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a></b>&nbsp;in a cash-and-stock deal that was valued at $27.7 billion when it was announced. If this deal closes, salesforce will be able to use Slack's platform as a jumping-off point to cross-sell to smaller businesses. This'll be its key to reaching $50 billion in annual sales in five years.</p>\n<h2>Jushi Holdings</h2>\n<p>Marijuana stocks are arguably <a href=\"https://laohu8.com/S/AONE\">one</a> of the most overcrowded trades at the moment -- and for good reason. According to <a href=\"https://laohu8.com/S/NFC.U\">New Frontier</a> Data, weed sales in the U.S. are expected to grow by 21% annually between 2019 and 2025, ultimately hitting $41.5 billion by mid-decade. One of the smartest ways to take advantage of this growth is with small-cap multistate operator (MSO) <b>Jushi Holdings</b> (OTC:JUSHF).</p>\n<p>Jushi's growth strategy is a bit different from most MSOs. Instead of trying to plant its proverbial flag in as many states as possible, Jushi is focusing most of its effort in three states: Pennsylvania, Illinois, and Virginia. The common theme is that all three states limit how they assign retail licenses. Pennsylvania and Illinois cap the number of allowable retail stores, while Virginia assigns dispensary licenses by jurisdiction. Put another way, 80% or more of Jushi's revenue will come from markets where competition will be limited or nonexistent. It's a smart strategy that'll allow Jushi to effectively build up its brand and gain a following.</p>\n<p>Despite its small size, Jushi has not been afraid to go shopping. It's acquired assets in Pennsylvania and Virginia to expand its presence in these core states, and has used acquisitions to gain a footprint in the California and Nevada markets. California is the largest cannabis market in the world by annual sales, while Nevada is expected to lead the nation in cannabis spending per capita by 2024.</p>\n<p>As <a href=\"https://laohu8.com/S/AONE.U\">one</a> final note, roughly $45 million of the first $250 million in capital raised by the company came from insiders and executives. When the interests (and wallets) of execs line up with their shareholders, good things tend to happen.</p>\n<h2>Pinterest</h2>\n<p>A third stock that's a considerably smarter buy than Dogecoin is social media up-and-comer <b>Pinterest</b> (NYSE:PINS).</p>\n<p>To state the obvious, Pinterest had a great 2020. With the pandemic keeping people in their homes, many turned to social sites for engagement. This included Pinterest, which picked up a net of 124 million monthly active users (MAU) last year. But understand that Pinterest was wooing new MAUs long before the pandemic struck. In the three years preceding the pandemic, net MAU growth averaged 30%, compared to the 37% MAU growth recorded in 2020.</p>\n<p>What's notable about the users Pinterest is attracting is that they're predominantly from international markets. More than 90% of the 124 million net MAUs gained in 2020 were from outside the United States. On one hand, average revenue per user (ARPU) is considerably lower outside the U.S., meaning Pinterest isn't generating a lot of revenue from the new users it's picking up. However, it also gives the company ample opportunity to grow its international ARPU significantly this decade. As more international users sign up, ad dollars will climb to reach these users.</p>\n<p>Best of all, we're witnessing the early stages of what could be an absolute e-commerce giant. Think about it this way: Pinterest's user base is willingly sharing the things, places, and services that interest them. This makes Pinterest one of the most-targeted platforms on the planet for merchants that can meet these interests. As long as Pinterest can keep its user base engaged, it should have no problem generating huge returns over the long run for investors.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget Dogecoin: These 3 Stocks Are Much Smarter Buys</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\">\nForget Dogecoin: These 3 Stocks Are Much Smarter Buys\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 18:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/19/forget-dogecoin-these-3-stocks-much-smarter-buys/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the long run, the stock market has proved, time and again, it's the greatest wealth creator on the planet. For instance, the benchmark S&P 500 has delivered an average annual total return, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/19/forget-dogecoin-these-3-stocks-much-smarter-buys/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRM":"赛富时","JUSHF":"Jushi Holdings Inc.","PINS":"Pinterest, Inc."},"source_url":"https://www.fool.com/investing/2021/04/19/forget-dogecoin-these-3-stocks-much-smarter-buys/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128898947","content_text":"Over the long run, the stock market has proved, time and again, it's the greatest wealth creator on the planet. For instance, the benchmark S&P 500 has delivered an average annual total return, including dividends, of greater than 10% since the beginning of 1980. Keep in mind this includes the dot-com bubble, the Great Recession, and the coronavirus crash.\nBut in recent years, it's been cryptocurrencies that've run circles around equities. Young investors, in particular, have been drawn to the decentralized and unregulated nature of digital currencies, as well as the neck-breaking volatility that often comes with owning crypto.\nDogecoin is flying, but you're foolish if you're buying\nFor much of the past week, it's cryptocurrency Dogecoin (CRYPTO:DOGE) that's been garnering the attention of momentum players, retail investors, and digital currency enthusiasts. As of late afternoon Friday, April 16, Dogecoin could be purchased for about $0.31 per token. For context, it began the week at $0.07, and is higher by more than 15,400% over the trailing year. That would top the gain of every single publicly traded stock over the past year.\nIf you're wondering why Dogecoin has been on fire, it looks to be a combination of tweets/pumping from Elon Musk, the CEO of Tesla Motors, and technical moves, which take into account volume and chart patterns.\nHowever, the story behind Dogecoin and its real-world utility are major red flags that true investors should be aware of. For instance, two engineers created Dogecoin in 2013 in a matter of hours as a joke. The idea was to combine the two buzziest things on the internet at the time -- a Shiba Inu dog meme and the cryptocurrency craze -- into a single entity. Thus was born Dogecoin.\nDogecoin lacks substantive differentiation, relative to other digital currencies, and it has extremely limited utility. According to International Business Times via Dogecoins.com, 48 businesses accept Dogecoin. Meanwhile, online company directory Cryptwerk listed in the neighborhood of 1,200 place, stores, and services accepting Dogecoin, as of April 16.\nBut here's a number to keep in mind: There are more than 32 million businesses in the U.S. alone. Further, according to The Hill, there are an estimated 582 million entrepreneurs worldwide. About 1,200 of these businesses, at most, accept Dogecoin. That's how minimal the utility is.\nThis trio of stocks make for much smarter investments than Dogecoin\nRather than throwing your hard-earned money at a pump-and-dump asset like Dogecoin, consider putting your money to work in the following three much smarter buys.\nSalesforce.com\nA considerably smarter way of putting your money to work right now would be to buy shares of cloud-based customer relationship management (CRM) software provider salesforce.com (NYSE:CRM). Despite its megacap size ($214 billion market cap), it offers sustainable sales growth of 20% or higher for the next half-decade, if not longer.\nFor those unfamiliar, CRM software is used by consumer-facing businesses to handle tasks like logging customer information and overseeing service or product issues. It's also handy when managing online marketing campaigns and as a predictive tool for suggesting new products and services to existing clients based on their buying history or other metrics. CRM software makes a lot of sense for the retail and service industries, but is finding plenty of momentum in nontraditional places, such as banks and hospitals.\nWhat makes salesforce such a beast is the company's utter dominance of global CRM revenue. In the first half of 2020, IDC estimated that salesforce controlled just shy of 20% of global CRM revenue. That was more than No.'s 2 through 5 on its global share list, combined. This makes salesforce the logical go-to for big businesses looking to incorporate CRM software.\nSalesforce is also in the process of acquiring enterprise-focused communications platform Slack Technologies in a cash-and-stock deal that was valued at $27.7 billion when it was announced. If this deal closes, salesforce will be able to use Slack's platform as a jumping-off point to cross-sell to smaller businesses. This'll be its key to reaching $50 billion in annual sales in five years.\nJushi Holdings\nMarijuana stocks are arguably one of the most overcrowded trades at the moment -- and for good reason. According to New Frontier Data, weed sales in the U.S. are expected to grow by 21% annually between 2019 and 2025, ultimately hitting $41.5 billion by mid-decade. One of the smartest ways to take advantage of this growth is with small-cap multistate operator (MSO) Jushi Holdings (OTC:JUSHF).\nJushi's growth strategy is a bit different from most MSOs. Instead of trying to plant its proverbial flag in as many states as possible, Jushi is focusing most of its effort in three states: Pennsylvania, Illinois, and Virginia. The common theme is that all three states limit how they assign retail licenses. Pennsylvania and Illinois cap the number of allowable retail stores, while Virginia assigns dispensary licenses by jurisdiction. Put another way, 80% or more of Jushi's revenue will come from markets where competition will be limited or nonexistent. It's a smart strategy that'll allow Jushi to effectively build up its brand and gain a following.\nDespite its small size, Jushi has not been afraid to go shopping. It's acquired assets in Pennsylvania and Virginia to expand its presence in these core states, and has used acquisitions to gain a footprint in the California and Nevada markets. California is the largest cannabis market in the world by annual sales, while Nevada is expected to lead the nation in cannabis spending per capita by 2024.\nAs one final note, roughly $45 million of the first $250 million in capital raised by the company came from insiders and executives. When the interests (and wallets) of execs line up with their shareholders, good things tend to happen.\nPinterest\nA third stock that's a considerably smarter buy than Dogecoin is social media up-and-comer Pinterest (NYSE:PINS).\nTo state the obvious, Pinterest had a great 2020. With the pandemic keeping people in their homes, many turned to social sites for engagement. This included Pinterest, which picked up a net of 124 million monthly active users (MAU) last year. But understand that Pinterest was wooing new MAUs long before the pandemic struck. In the three years preceding the pandemic, net MAU growth averaged 30%, compared to the 37% MAU growth recorded in 2020.\nWhat's notable about the users Pinterest is attracting is that they're predominantly from international markets. More than 90% of the 124 million net MAUs gained in 2020 were from outside the United States. On one hand, average revenue per user (ARPU) is considerably lower outside the U.S., meaning Pinterest isn't generating a lot of revenue from the new users it's picking up. However, it also gives the company ample opportunity to grow its international ARPU significantly this decade. As more international users sign up, ad dollars will climb to reach these users.\nBest of all, we're witnessing the early stages of what could be an absolute e-commerce giant. Think about it this way: Pinterest's user base is willingly sharing the things, places, and services that interest them. This makes Pinterest one of the most-targeted platforms on the planet for merchants that can meet these interests. As long as Pinterest can keep its user base engaged, it should have no problem generating huge returns over the long run for investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}