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2021-03-25

competition rising....

Why NIO Stock Is Down

2021-03-23

still a value stock.

Taiwan Semiconductor: High Ground Versus Low Ground

2021-03-16

words of a big fish can cause tidal waves

Cathie Wood and ARK Invest see record volumes traded in ETFs

2021-03-15

buy when down.

Is Now The Time To Buy Stock In Boeing, AMC, Alibaba Or American Airlines?

2021-03-15

new competitor.

Disney: What Is Disney+ Really Worth To Shareholders

2021-03-15

growth n value both should be in portfolio

Value Managers Rejoice: What’s Next for Value vs. Growth Stocks

2021-03-12

gd stock?

2021-03-11

hmmmm

Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show

2021-03-11

strong stock?

Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show

2021-03-10

target price 1000？

Why Tesla Stock Skyrocketed Today

2021-03-10

tech companies is pushing up the indexes.

Sorry, the original content has been removed

2021-03-10

tech stock will go up.

Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months

2021-03-10

tech firms will stay strong due to the drive towards digital economy

Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months

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The company did share some minor news, but it seems positive: As of 3:16 a.m. local time, a NIO battery-swap station in Suzhou  completed the company's 2 millionth battery swap.NIO ","content":"<p>What happened</p>\n<p>Shares of Chinese electric-vehicle maker<b>NIO</b>were trading lower on Wednesday, amid broad market turbulence affecting shares of manyelectric vehicle makersand other emerging technology companies.</p>\n<p>So what</p>\n<p>There was no major news driving NIO's shares lower -- or major news of any kind that was directly related to NIO or its stock. The company did share some minor news, but it seems positive: As of 3:16 a.m. local time, a NIO battery-swap station in Suzhou (just west of Shanghai) completed the company's 2 millionth battery swap.</p>\n<p>NIO said that its network of over 200 battery-swap stations -- which automatically swap a NIO's battery pack for a fully charged one -- now complete a swap about once every 10 seconds, on average.</p>\n<p>It's not huge news, and it's certainly not what's moving the stock today. But now you know.</p>\n<p>Now what</p>\n<p>That seconds-between-battery-swaps number could well fall over the next several months, as NIO begins deploying its new \"second-generation\" battery-swap stations. The new stations can store more battery packs and complete swaps more quickly than the current units, and theycost less to build, NIO said earlier this month.</p>\n<p>NIO confirmed on Wednesday that it expects the first of those second-generation stations to be up and running in mid-April.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why NIO Stock Is Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy NIO Stock Is Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/24/why-nio-stock-is-down-today/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of Chinese electric-vehicle makerNIOwere trading lower on Wednesday, amid broad market turbulence affecting shares of manyelectric vehicle makersand other emerging technology ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/24/why-nio-stock-is-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a3b92523152bd36c422721756606e549","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/03/24/why-nio-stock-is-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123019252","content_text":"What happened\nShares of Chinese electric-vehicle makerNIOwere trading lower on Wednesday, amid broad market turbulence affecting shares of manyelectric vehicle makersand other emerging technology companies.\nSo what\nThere was no major news driving NIO's shares lower -- or major news of any kind that was directly related to NIO or its stock. The company did share some minor news, but it seems positive: As of 3:16 a.m. local time, a NIO battery-swap station in Suzhou (just west of Shanghai) completed the company's 2 millionth battery swap.\nNIO said that its network of over 200 battery-swap stations -- which automatically swap a NIO's battery pack for a fully charged one -- now complete a swap about once every 10 seconds, on average.\nIt's not huge news, and it's certainly not what's moving the stock today. But now you know.\nNow what\nThat seconds-between-battery-swaps number could well fall over the next several months, as NIO begins deploying its new \"second-generation\" battery-swap stations. The new stations can store more battery packs and complete swaps more quickly than the current units, and theycost less to build, NIO said earlier this month.\nNIO confirmed on Wednesday that it expects the first of those second-generation stations to be up and running in mid-April.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353984449,"gmtCreate":1616455764481,"gmtModify":1704794238820,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"still a value stock.","listText":"still a value stock.","text":"still a value stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353984449","repostId":"1155582622","repostType":4,"repost":{"id":"1155582622","pubTimestamp":1616426086,"share":"https://ttm.financial/m/news/1155582622?lang=&edition=fundamental","pubTime":"2021-03-22 23:14","market":"us","language":"en","title":"Taiwan Semiconductor: High Ground Versus Low Ground","url":"https://stock-news.laohu8.com/highlight/detail?id=1155582622","media":"seekingalpha","summary":"Taiwan Semiconductor Manufacturing Co., or TSMC, is at a \"choke point\" in the semiconductor supply chain, where the company can benefit from the rigidity of industry capacity expansion to meet demand surge.TSMC’s high-ground scenario includes possessing  the most advanced high-end technology,  the largest and still rising market share, and  15% annual revenue growth from $28 billion capex.If considering both the high-ground and low-ground cases, TSM is reasonably valued at the current $110’s lev","content":"<p><b>Summary</b></p>\n<ul>\n <li>Taiwan Semiconductor Manufacturing Co., or TSMC, is at a \"choke point\" in the semiconductor supply chain, where the company can benefit from the rigidity of industry capacity expansion to meet demand surge.</li>\n <li>TSMC’s high-ground scenario includes possessing (1) the most advanced high-end technology, (2) the largest and still rising market share, and (3) 15% annual revenue growth from $28 billion capex.</li>\n <li>TSMC’s future low-ground scenario includes (1) declining utilization rates due to fading WFH demand, (2) USD depreciations cutting into EPS, and (3) $28 billion capex cutting into future dividend payments.</li>\n <li>If considering both the high-ground and low-ground cases, TSM is reasonably valued at the current $110’s level with a moderate upside for 2021.</li>\n <li>The real excitement is that TSM may reach $170 by 2022.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59820ae2f73b142d92ed1e65f1b1085d\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p>It is hardly an exaggeration to call Taiwan Semiconductor Manufacturing Company(NYSE:TSM)(“TSMC”) the most important company in the world. At the very least, Taiwanese call TSMC their “Protecting Taiwan God Mountain.” Considering it is practically the “choke point” of the $470 billion global semiconductor industry, TSMC is also “potentially the most single point of failure in the semiconductor value chain,”said&nbsp;Jan-Peter Kleinhans, Director of the technology and geopolitics project at Berlin-based think tank,<i>Stiftung Neue Verantwortung</i>.</p>\n<p>TSMC processes the most advanced foundry technology and the largest market share (54%) in a capacity-constrained industry. Obviously, both the company and the stock have benefited significantly from the limitation of capacity expansion to meet the surging demand. In 2020, TSMC’s revenue has grown 25%, while the stock went up over 90%. It appears that their stock has looked beyond the recent financial performance.</p>\n<p>For that purpose, in this post, I described TSMC's future with a best-case and a worst-case scenario, respectively. TSMC's high-ground is that the structural growth drivers should remain intact if the company can retain the technological advances to create a wider chip platform to support the long-term growth of AI and HPC. Short-term demand should stay strong due to the global chip shortage and possible Intel outsourcing. However, TSMC should also expect the low-ground cases that are mainly from the decreasing utilization rate, weakening USD, higher capital expenditure diluting future dividend payments, the market-wide rising yield effect, and valuation correction. I also mapped out the path of TSMC future share price movements under each scenario. Given a higher likelihood for the high-ground case, TSMC may have a 20% upside in the next 12 months and a 70% upside in the next 24 months.</p>\n<p><b>TSMC’s High Ground</b></p>\n<p>The best-case scenario assumes that TSMC will retain most of the following favorable factors which have contributed to TSMC’s 2020 gain:</p>\n<p><b>Most advanced high-end technology supports TSMC’s long-term structural growth.</b>Compared amongst peers, TSMC is easily the leader in the arcane Extreme Ultra Violet (ELV) process, where it has half the world’s installed base and&nbsp;60% of its production.By 2020, TSMC has delivered&nbsp;over 1 billion 7 nm chips, while Intel(NASDAQ:INTC)is still struggling to master its 7nm process. TSMC’s 5nm chips has lower defect rates than it did at this point in its 7nm development. It is already ramping up for 3 nm production by the end of 2022 and has begun working&nbsp;on the 2 nm process(see figure below). The lead in technology is the basis for the structural growth drivers which should remain intact in the next few years, with TSMC being the key enabler of this AI/HPC revolution.</p>\n<p><img src=\"https://static.tigerbbs.com/068ca2e4582ecb2e1a44f88ec1093900\" tg-width=\"640\" tg-height=\"429\"></p>\n<p><b>The market share hits</b>&nbsp;<b>54%</b>&nbsp;<b>and expects to rise.</b>After reporting record revenue in 2020 based on demand for 5G smartphones, notebooks for teleworking and high-performance computers, TSMC reached a commanding 54% market share with the next competitor, Samsung Electronics(OTC:SSNLF)at a distant 18%. It is expected that TSMC’s market share dominance may continue as Apple(NASDAQ:AAPL)remains TSMC’s major customer and will give the Taiwanese firm more business for chips made with its most advanced technology.</p>\n<p><b>Short-term demand remains robust in the logic semi space.</b>Thanks to WFH-induced global chip shortage<b>,</b>full utilization nearly across all process nodes (especially tight at 7nm, 40nm and 8\") with continued 28nm utilization improvement. The better-than-expected crypto miner ASIC demand helping to fill the gap of 5nm capacity slack due to iPhone order cuts and Apple seasonality.</p>\n<p><b>TSMC should see more corroboration</b>&nbsp;of growth momentum in HPC, potential Intel CPU orders at 3nm, faster growth in&nbsp;AMD&nbsp;CPU, and Nvidia’s(NASDAQ:NVDA)AI accelerators. Intel outsourcing, if executed, is estimated to add 1% to TSMC’s revenue (Mizuho).</p>\n<p><b>The $28 billion capex spending</b>&nbsp;reflects management's confidence about advanced node chips' long-term demand strength and possible 15% compound annual revenue growth in the next 2-3 years.</p>\n<p><b>TSMC’s Low Ground</b></p>\n<p>The low-ground case would include several negative factors on the horizon that the high-ground case does not consider:</p>\n<p><b>Decreasing utilization rate results from fading WFH demand.</b>TSMC has operated at full capacity for a while; however, weaker-than-expected demand and macro conditions may lead to downside risk for utilization rate forecasts.It is estimated&nbsp;that every 1% decline in the utilization rate could result in 4%-5% downside to the 2021-2022 EPS estimates.</p>\n<p><b>Medium-term inventory correction is inevitable.</b>Inventory correction from a fading WFH demand is expected in 2H21. Logic semi inventory restocking has lasted for 6-7 quarters by 1Q21. While near-term demand indicators remain solid in the logic semi space, it is likely that there will be some inventory correction after 2022, as suggested by the analyst forecasts (Figure 2). However, JP Morgan predicts that end demand drivers for TSMC are likely to become more structural rather than cyclical in the future, with revenues from HPC likely to crossover those from smartphones by 2023. Consequently, TSMC could fare better during logic semi down cycle and recover faster from the trough vs other tier-2 Foundries (JP Morgan).</p>\n<p><img src=\"https://static.tigerbbs.com/27ebf5f3771333335e3ec84dda7798fc\" tg-width=\"640\" tg-height=\"336\"></p>\n<p><b>Average selling price (ASP) may go down.</b>TSMC has benefited from a 6% increase in ASP in 2021/22. However, the advantage has been reduced due to pricing competition from Samsung.Mizuho&nbsp;estimated that every 1% fall in ASP could result in 2%-3% downside for our EPS estimates for 2021-22.</p>\n<p><b>Weakening USD (Strengthening TWD) cuts into EPS.</b>Approximately 99% of TSMC’s sales are denominated in US dollars, but only 15% of its Cost of Goods Sold is in US dollars. Thus, TWD appreciation impacts the company’s gross margin. Based on&nbsp;Mizuho’s estimate,every 1% TWD appreciation could lead to 1%-2% downside to EPS estimates for 2021-22.</p>\n<p><b>$28 billion Capex may dilute dividend payment</b>. Taiwan Semiconductor's 1Q guidance of 23% year-over-year revenue growth indicates stronger sales of computing processors and automotive chips may offset the seasonality of smartphone chips. The $28 billion full-year capital budget&nbsp;may cut into&nbsp;the company's free cash flow and lead to greater volatility in the dividend.</p>\n<p><b>From Future Financials to Future Stock Prices</b></p>\n<p>After the high-ground and low-ground scenarios are developed, I will explain how to convert forecast financials into future stock prices: If a stock is priced based on its forecast financials at each point in time, I should first find those financial metrics which have traditionally affected the stock prices. A historical relationship between the historical stock prices and these financial metrics is first identified (multiple regression method). Then, the current forecast of these financial metrics at different future time point can be used to generate the future stock price targets. Historically, TSMC's stock prices are known to react to consensus forecasts of revenue, EPS, gross margin, capital expenditure, and free cash flow or dividend, e.g., the relationships in Figures 1A-1B.</p>\n<p><img src=\"https://static.tigerbbs.com/6d8598e14f696255c7faa92760ef906f\" tg-width=\"640\" tg-height=\"329\"><img src=\"https://static.tigerbbs.com/ed9aa585df33e69929a8a843f28e00f3\" tg-width=\"640\" tg-height=\"325\"></p>\n<p>Keep in mind that although I used historical data to estimate a historical relationship, it is still a forward-looking process. This is because, at any point in time in history, TSMC's price is estimated by the forward estimates of the five financial metrics at that time. The only assumption I made is that investors used the same (forward-looking) valuation structure to price stocks consistently. Using the relationship and the analysts' next 10-quarter estimates of the five metrics, I was able to compute the future stock prices corresponding to those forward financials.</p>\n<p><b>High-Ground vs. Low-Ground Share Prices</b></p>\n<p>For high-ground scenario, I used the normal relationship which assumes TSMC stock price is determined by forecast quarterly revenue, EPS, capital expenditure, and dividend estimates. For low-ground scenario, I included additional negative factors of expected 10-year Treasury yield up moves (from futures contracts), the future USD depreciation (from futures contracts), the forecast higher inventory, and forecast distant revenue growth rates (for lower utilization rates).</p>\n<p><img src=\"https://static.tigerbbs.com/ad3a771ad144f1a71a405203b9b19b58\" tg-width=\"640\" tg-height=\"345\"></p>\n<p>In Figure 2, I showed the high-ground prices in red, the low-ground prices in green and the actual TSMC price in black. Of course, after Q1 2021, only predicted prices are available. If you can go along with my approach, Figure 3 becomes quite telling. First of all, up till today, both predicted prices seem to map the actual stock price quite closely, the tight relationship implicitly validate the power of the models. It is also expected both scenarios behaved very similarly because all the additional (negative) factors included in the low-ground case are more relevant in the next few quarters. This is why the high-ground price explains the realty better until today, as both actual and high-ground prices are around $118 at Q1 2021, while low-ground price is at $81.</p>\n<p><img src=\"https://static.tigerbbs.com/46ff924f4d6ece1e451e1ca16ddc2070\" tg-width=\"640\" tg-height=\"382\"></p>\n<p>It is more important to see how the future share price plays out under each scenario. Table 1 indicates that the high-ground prices consistently trade at a $40 premium over the low-ground price and eventually to over $80 premium by Q4 2022. Of course, you can assign your own estimates on the chance that each scenario will happen. Due to the short-term nature of all the negative factors, my own guess is biased to the high-ground, fundamental picture of TSMC. Using a 30% low-ground/70% high-ground guess, the resulting TSMC future share price may be relatively flat in 2021 but will take off to $170 by the end of 2022 (Table 1).</p>\n<p><b>Takeaways</b></p>\n<p>Being the largest player in a critically important space, TSMC is at the choke point that gives the company an advantage to benefit from the rigidity of capacity expansion to meet demand surge (high ground). It appears that TSMC share price has already priced in this advantage. But like all other tech stocks, TSM has not priced in the rising yields, fading WFH demand, high valuation, and future competitors’ challenges (low ground).</p>\n<p>If considering both the high ground and low ground cases, TSM is reasonably valued at the current $110’s level. But share price is expected to have moderate upside for 2021. The real excitement will be in 2022 when the negative low-ground factors are out of the system. TSM may reach $170 by 2022.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Taiwan Semiconductor: High Ground Versus Low Ground</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; 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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\">\nTaiwan Semiconductor: High Ground Versus Low Ground\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 23:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4415213-taiwan-semiconductor-stock-high-ground-versus-low-ground><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTaiwan Semiconductor Manufacturing Co., or TSMC, is at a \"choke point\" in the semiconductor supply chain, where the company can benefit from the rigidity of industry capacity expansion to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4415213-taiwan-semiconductor-stock-high-ground-versus-low-ground\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"https://seekingalpha.com/article/4415213-taiwan-semiconductor-stock-high-ground-versus-low-ground","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1155582622","content_text":"Summary\n\nTaiwan Semiconductor Manufacturing Co., or TSMC, is at a \"choke point\" in the semiconductor supply chain, where the company can benefit from the rigidity of industry capacity expansion to meet demand surge.\nTSMC’s high-ground scenario includes possessing (1) the most advanced high-end technology, (2) the largest and still rising market share, and (3) 15% annual revenue growth from $28 billion capex.\nTSMC’s future low-ground scenario includes (1) declining utilization rates due to fading WFH demand, (2) USD depreciations cutting into EPS, and (3) $28 billion capex cutting into future dividend payments.\nIf considering both the high-ground and low-ground cases, TSM is reasonably valued at the current $110’s level with a moderate upside for 2021.\nThe real excitement is that TSM may reach $170 by 2022.\n\nPhoto by Sundry Photography/iStock Editorial via Getty Images\nIt is hardly an exaggeration to call Taiwan Semiconductor Manufacturing Company(NYSE:TSM)(“TSMC”) the most important company in the world. At the very least, Taiwanese call TSMC their “Protecting Taiwan God Mountain.” Considering it is practically the “choke point” of the $470 billion global semiconductor industry, TSMC is also “potentially the most single point of failure in the semiconductor value chain,”said Jan-Peter Kleinhans, Director of the technology and geopolitics project at Berlin-based think tank,Stiftung Neue Verantwortung.\nTSMC processes the most advanced foundry technology and the largest market share (54%) in a capacity-constrained industry. Obviously, both the company and the stock have benefited significantly from the limitation of capacity expansion to meet the surging demand. In 2020, TSMC’s revenue has grown 25%, while the stock went up over 90%. It appears that their stock has looked beyond the recent financial performance.\nFor that purpose, in this post, I described TSMC's future with a best-case and a worst-case scenario, respectively. TSMC's high-ground is that the structural growth drivers should remain intact if the company can retain the technological advances to create a wider chip platform to support the long-term growth of AI and HPC. Short-term demand should stay strong due to the global chip shortage and possible Intel outsourcing. However, TSMC should also expect the low-ground cases that are mainly from the decreasing utilization rate, weakening USD, higher capital expenditure diluting future dividend payments, the market-wide rising yield effect, and valuation correction. I also mapped out the path of TSMC future share price movements under each scenario. Given a higher likelihood for the high-ground case, TSMC may have a 20% upside in the next 12 months and a 70% upside in the next 24 months.\nTSMC’s High Ground\nThe best-case scenario assumes that TSMC will retain most of the following favorable factors which have contributed to TSMC’s 2020 gain:\nMost advanced high-end technology supports TSMC’s long-term structural growth.Compared amongst peers, TSMC is easily the leader in the arcane Extreme Ultra Violet (ELV) process, where it has half the world’s installed base and 60% of its production.By 2020, TSMC has delivered over 1 billion 7 nm chips, while Intel(NASDAQ:INTC)is still struggling to master its 7nm process. TSMC’s 5nm chips has lower defect rates than it did at this point in its 7nm development. It is already ramping up for 3 nm production by the end of 2022 and has begun working on the 2 nm process(see figure below). The lead in technology is the basis for the structural growth drivers which should remain intact in the next few years, with TSMC being the key enabler of this AI/HPC revolution.\n\nThe market share hits 54% and expects to rise.After reporting record revenue in 2020 based on demand for 5G smartphones, notebooks for teleworking and high-performance computers, TSMC reached a commanding 54% market share with the next competitor, Samsung Electronics(OTC:SSNLF)at a distant 18%. It is expected that TSMC’s market share dominance may continue as Apple(NASDAQ:AAPL)remains TSMC’s major customer and will give the Taiwanese firm more business for chips made with its most advanced technology.\nShort-term demand remains robust in the logic semi space.Thanks to WFH-induced global chip shortage,full utilization nearly across all process nodes (especially tight at 7nm, 40nm and 8\") with continued 28nm utilization improvement. The better-than-expected crypto miner ASIC demand helping to fill the gap of 5nm capacity slack due to iPhone order cuts and Apple seasonality.\nTSMC should see more corroboration of growth momentum in HPC, potential Intel CPU orders at 3nm, faster growth in AMD CPU, and Nvidia’s(NASDAQ:NVDA)AI accelerators. Intel outsourcing, if executed, is estimated to add 1% to TSMC’s revenue (Mizuho).\nThe $28 billion capex spending reflects management's confidence about advanced node chips' long-term demand strength and possible 15% compound annual revenue growth in the next 2-3 years.\nTSMC’s Low Ground\nThe low-ground case would include several negative factors on the horizon that the high-ground case does not consider:\nDecreasing utilization rate results from fading WFH demand.TSMC has operated at full capacity for a while; however, weaker-than-expected demand and macro conditions may lead to downside risk for utilization rate forecasts.It is estimated that every 1% decline in the utilization rate could result in 4%-5% downside to the 2021-2022 EPS estimates.\nMedium-term inventory correction is inevitable.Inventory correction from a fading WFH demand is expected in 2H21. Logic semi inventory restocking has lasted for 6-7 quarters by 1Q21. While near-term demand indicators remain solid in the logic semi space, it is likely that there will be some inventory correction after 2022, as suggested by the analyst forecasts (Figure 2). However, JP Morgan predicts that end demand drivers for TSMC are likely to become more structural rather than cyclical in the future, with revenues from HPC likely to crossover those from smartphones by 2023. Consequently, TSMC could fare better during logic semi down cycle and recover faster from the trough vs other tier-2 Foundries (JP Morgan).\n\nAverage selling price (ASP) may go down.TSMC has benefited from a 6% increase in ASP in 2021/22. However, the advantage has been reduced due to pricing competition from Samsung.Mizuho estimated that every 1% fall in ASP could result in 2%-3% downside for our EPS estimates for 2021-22.\nWeakening USD (Strengthening TWD) cuts into EPS.Approximately 99% of TSMC’s sales are denominated in US dollars, but only 15% of its Cost of Goods Sold is in US dollars. Thus, TWD appreciation impacts the company’s gross margin. Based on Mizuho’s estimate,every 1% TWD appreciation could lead to 1%-2% downside to EPS estimates for 2021-22.\n$28 billion Capex may dilute dividend payment. Taiwan Semiconductor's 1Q guidance of 23% year-over-year revenue growth indicates stronger sales of computing processors and automotive chips may offset the seasonality of smartphone chips. The $28 billion full-year capital budget may cut into the company's free cash flow and lead to greater volatility in the dividend.\nFrom Future Financials to Future Stock Prices\nAfter the high-ground and low-ground scenarios are developed, I will explain how to convert forecast financials into future stock prices: If a stock is priced based on its forecast financials at each point in time, I should first find those financial metrics which have traditionally affected the stock prices. A historical relationship between the historical stock prices and these financial metrics is first identified (multiple regression method). Then, the current forecast of these financial metrics at different future time point can be used to generate the future stock price targets. Historically, TSMC's stock prices are known to react to consensus forecasts of revenue, EPS, gross margin, capital expenditure, and free cash flow or dividend, e.g., the relationships in Figures 1A-1B.\n\nKeep in mind that although I used historical data to estimate a historical relationship, it is still a forward-looking process. This is because, at any point in time in history, TSMC's price is estimated by the forward estimates of the five financial metrics at that time. The only assumption I made is that investors used the same (forward-looking) valuation structure to price stocks consistently. Using the relationship and the analysts' next 10-quarter estimates of the five metrics, I was able to compute the future stock prices corresponding to those forward financials.\nHigh-Ground vs. Low-Ground Share Prices\nFor high-ground scenario, I used the normal relationship which assumes TSMC stock price is determined by forecast quarterly revenue, EPS, capital expenditure, and dividend estimates. For low-ground scenario, I included additional negative factors of expected 10-year Treasury yield up moves (from futures contracts), the future USD depreciation (from futures contracts), the forecast higher inventory, and forecast distant revenue growth rates (for lower utilization rates).\n\nIn Figure 2, I showed the high-ground prices in red, the low-ground prices in green and the actual TSMC price in black. Of course, after Q1 2021, only predicted prices are available. If you can go along with my approach, Figure 3 becomes quite telling. First of all, up till today, both predicted prices seem to map the actual stock price quite closely, the tight relationship implicitly validate the power of the models. It is also expected both scenarios behaved very similarly because all the additional (negative) factors included in the low-ground case are more relevant in the next few quarters. This is why the high-ground price explains the realty better until today, as both actual and high-ground prices are around $118 at Q1 2021, while low-ground price is at $81.\n\nIt is more important to see how the future share price plays out under each scenario. Table 1 indicates that the high-ground prices consistently trade at a $40 premium over the low-ground price and eventually to over $80 premium by Q4 2022. Of course, you can assign your own estimates on the chance that each scenario will happen. Due to the short-term nature of all the negative factors, my own guess is biased to the high-ground, fundamental picture of TSMC. Using a 30% low-ground/70% high-ground guess, the resulting TSMC future share price may be relatively flat in 2021 but will take off to $170 by the end of 2022 (Table 1).\nTakeaways\nBeing the largest player in a critically important space, TSMC is at the choke point that gives the company an advantage to benefit from the rigidity of capacity expansion to meet demand surge (high ground). It appears that TSMC share price has already priced in this advantage. But like all other tech stocks, TSM has not priced in the rising yields, fading WFH demand, high valuation, and future competitors’ challenges (low ground).\nIf considering both the high ground and low ground cases, TSM is reasonably valued at the current $110’s level. But share price is expected to have moderate upside for 2021. The real excitement will be in 2022 when the negative low-ground factors are out of the system. TSM may reach $170 by 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325080570,"gmtCreate":1615851153290,"gmtModify":1704787375989,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"words of a big fish can cause tidal waves","listText":"words of a big fish can cause tidal waves","text":"words of a big fish can cause tidal waves","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325080570","repostId":"1170973847","repostType":4,"repost":{"id":"1170973847","pubTimestamp":1615823072,"share":"https://ttm.financial/m/news/1170973847?lang=&edition=fundamental","pubTime":"2021-03-15 23:44","market":"us","language":"en","title":"Cathie Wood and ARK Invest see record volumes traded in ETFs","url":"https://stock-news.laohu8.com/highlight/detail?id=1170973847","media":"seekingalpha","summary":"Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded f","content":"<p>Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded funds.</p>\n<p>The five exchange traded funds ARKK, ARKQ, ARKW, ARKG, and ARKF have seen nearly $150b in volume this year. This amount is almost double what was traded in 2020 and nearly 25X what was traded in 2019.</p>\n<p>ARK Innovation ETF(NYSEARCA:ARKK)&nbsp;which closed&nbsp;+3.28%&nbsp;last week is&nbsp;+1.29%&nbsp;today and has turned over $78.262b in traded value so far in 2021.</p>\n<p>Autonomous Technology &amp; Robotics ETF(BATS:ARKQ)&nbsp;which closed&nbsp;+7.56%&nbsp;last week is&nbsp;+1.23%&nbsp;today and has turned over&nbsp;$8.241b&nbsp;in traded value so far in 2021.</p>\n<p>Next Generation Internet ETF&nbsp;(NYSEARCA:ARKW)&nbsp;which closed&nbsp;+8.49%&nbsp;last week is&nbsp;+1.36%&nbsp;today and has turned over&nbsp;$17.615b&nbsp;in traded value so far in 2021.</p>\n<p>Genomic Revolution ETF&nbsp;(BATS:ARKG)&nbsp;which closed&nbsp;+8.59%&nbsp;last week is&nbsp;+1.44%&nbsp;today and has turned over&nbsp;$31.428b&nbsp;in traded value so far in 2021.</p>\n<p>Fintech Innovation ETF&nbsp;(NYSEARCA:ARKF)&nbsp;which closed&nbsp;+7.49%&nbsp;last week is&nbsp;+0.70%&nbsp;today and has turned over&nbsp;$10.501b&nbsp;in traded value so far in 2021.</p>\n<li><p>Cathie Wood and Ark Invest have seen recordinflowsandoutflowsbut one thing that remains consistent is the record volumes investors have seen with the five actively managed ETFs.</p></li>\n<li><p>Cathie Wood and her innovative ETFs have been sensitive to rising bond yields as technology stocks have suffered the most in recent days.</p></li>","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>Cathie Wood and ARK Invest see record volumes traded in ETFs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood and ARK Invest see record volumes traded in ETFs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 23:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3672689-cathie-wood-and-ark-invest-see-record-volumes-traded-in-etfs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded funds.\nThe five exchange traded funds ARKK, ARKQ, ARKW, ARKG, and ARKF have seen nearly $150b in ...</p>\n\n<a href=\"https://seekingalpha.com/news/3672689-cathie-wood-and-ark-invest-see-record-volumes-traded-in-etfs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKG":"ARK Genomic Revolution ETF"},"source_url":"https://seekingalpha.com/news/3672689-cathie-wood-and-ark-invest-see-record-volumes-traded-in-etfs","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1170973847","content_text":"Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded funds.\nThe five exchange traded funds ARKK, ARKQ, ARKW, ARKG, and ARKF have seen nearly $150b in volume this year. This amount is almost double what was traded in 2020 and nearly 25X what was traded in 2019.\nARK Innovation ETF(NYSEARCA:ARKK) which closed +3.28% last week is +1.29% today and has turned over $78.262b in traded value so far in 2021.\nAutonomous Technology & Robotics ETF(BATS:ARKQ) which closed +7.56% last week is +1.23% today and has turned over $8.241b in traded value so far in 2021.\nNext Generation Internet ETF (NYSEARCA:ARKW) which closed +8.49% last week is +1.36% today and has turned over $17.615b in traded value so far in 2021.\nGenomic Revolution ETF (BATS:ARKG) which closed +8.59% last week is +1.44% today and has turned over $31.428b in traded value so far in 2021.\nFintech Innovation ETF (NYSEARCA:ARKF) which closed +7.49% last week is +0.70% today and has turned over $10.501b in traded value so far in 2021.\nCathie Wood and Ark Invest have seen recordinflowsandoutflowsbut one thing that remains consistent is the record volumes investors have seen with the five actively managed ETFs.\nCathie Wood and her innovative ETFs have been sensitive to rising bond yields as technology stocks have suffered the most in recent days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322123332,"gmtCreate":1615784809226,"gmtModify":1704786449610,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"buy when down.","listText":"buy when down.","text":"buy when down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/322123332","repostId":"2119998286","repostType":4,"repost":{"id":"2119998286","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":1615774178,"share":"https://ttm.financial/m/news/2119998286?lang=&edition=fundamental","pubTime":"2021-03-15 10:09","market":"us","language":"en","title":"Is Now The Time To Buy Stock In Boeing, AMC, Alibaba Or American Airlines?","url":"https://stock-news.laohu8.com/highlight/detail?id=2119998286","media":"Benzinga","summary":"One of the most common questions traders have about stocks is “Why Is It Moving?”\nThat’s why Benzing","content":"<p><img src=\"https://static.tigerbbs.com/b32b47ab4900160fef8825195b2f2bad\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>One of the most common questions traders have about stocks is “Why Is It Moving?”</p>\n<p>That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a <a href=\"https://laohu8.com/S/AONE\">one</a>-sentence description as to why that stock is moving.</p>\n<p>Here’s the latest news and updates for Boeing, AMC, Alibaba and airline stocks.</p>\n<p><b>Boeing Co</b> (NYSE: BA) shares were trading higher Friday on reports that 777 Partners purchased 24 737 MAX airplanes. The stock may also be gaining amid reopening optimism, which has been a positive catalyst for air travel stocks.</p>\n<p><b>AMC Entertainment Holdings Inc</b> (NYSE: AMC) shares were trading higher Friday after the company in its 10-K said it estimates it can fund operations to satisfy rent and capital expenditure obligations.</p>\n<p>According to a press release issued by AMC in Friday's after-hours session, two of its flagship locations in Los Angeles, AMC Burbank 16 and AMC Century City 15, will reopen on Monday afternoon, March 15.</p>\n<p>AMC is planning to open all its remaining 23 movie theaters in Los Angeles County beginning on March 19.</p>\n<p><b>Alibaba Group Holding Ltd - ADR</b> (NYSE: BABA) shares were trading lower Friday amid reports that the CEO of affiliate Ant Group is resigning. Chinese stocks overall were lower for the session, potentially amid valuation concerns and a rise in US bond yields.</p>\n<p>Traders and investors in airline stocks like <b>American Airlines Group Inc</b> (NASDAQ: AAL), <b>United Airlines Holdings Inc</b> (NASDAQ: AAL) and <b>Delta Air Lines, Inc.</b> (NYSE: DAL)&nbsp;should note a milestone noted in data from the Transportation Security Administration&nbsp;yesterday. According to the TSA, 1.357 million airport passengers were screened Friday, the highest number of passengers screened since&nbsp;March 15, 2020, as COVID-19 lockdowns took hold across the country.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Now The Time To Buy Stock In Boeing, AMC, Alibaba Or American Airlines?</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\">\nIs Now The Time To Buy Stock In Boeing, AMC, Alibaba Or American Airlines?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-15 10:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/b32b47ab4900160fef8825195b2f2bad\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>One of the most common questions traders have about stocks is “Why Is It Moving?”</p>\n<p>That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a <a href=\"https://laohu8.com/S/AONE\">one</a>-sentence description as to why that stock is moving.</p>\n<p>Here’s the latest news and updates for Boeing, AMC, Alibaba and airline stocks.</p>\n<p><b>Boeing Co</b> (NYSE: BA) shares were trading higher Friday on reports that 777 Partners purchased 24 737 MAX airplanes. The stock may also be gaining amid reopening optimism, which has been a positive catalyst for air travel stocks.</p>\n<p><b>AMC Entertainment Holdings Inc</b> (NYSE: AMC) shares were trading higher Friday after the company in its 10-K said it estimates it can fund operations to satisfy rent and capital expenditure obligations.</p>\n<p>According to a press release issued by AMC in Friday's after-hours session, two of its flagship locations in Los Angeles, AMC Burbank 16 and AMC Century City 15, will reopen on Monday afternoon, March 15.</p>\n<p>AMC is planning to open all its remaining 23 movie theaters in Los Angeles County beginning on March 19.</p>\n<p><b>Alibaba Group Holding Ltd - ADR</b> (NYSE: BABA) shares were trading lower Friday amid reports that the CEO of affiliate Ant Group is resigning. Chinese stocks overall were lower for the session, potentially amid valuation concerns and a rise in US bond yields.</p>\n<p>Traders and investors in airline stocks like <b>American Airlines Group Inc</b> (NASDAQ: AAL), <b>United Airlines Holdings Inc</b> (NASDAQ: AAL) and <b>Delta Air Lines, Inc.</b> (NYSE: DAL)&nbsp;should note a milestone noted in data from the Transportation Security Administration&nbsp;yesterday. According to the TSA, 1.357 million airport passengers were screened Friday, the highest number of passengers screened since&nbsp;March 15, 2020, as COVID-19 lockdowns took hold across the country.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","AAL":"美国航空","QNETCN":"纳斯达克中美互联网老虎指数","AMC":"AMC院线","BA":"波音","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119998286","content_text":"One of the most common questions traders have about stocks is “Why Is It Moving?”\nThat’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.\nHere’s the latest news and updates for Boeing, AMC, Alibaba and airline stocks.\nBoeing Co (NYSE: BA) shares were trading higher Friday on reports that 777 Partners purchased 24 737 MAX airplanes. The stock may also be gaining amid reopening optimism, which has been a positive catalyst for air travel stocks.\nAMC Entertainment Holdings Inc (NYSE: AMC) shares were trading higher Friday after the company in its 10-K said it estimates it can fund operations to satisfy rent and capital expenditure obligations.\nAccording to a press release issued by AMC in Friday's after-hours session, two of its flagship locations in Los Angeles, AMC Burbank 16 and AMC Century City 15, will reopen on Monday afternoon, March 15.\nAMC is planning to open all its remaining 23 movie theaters in Los Angeles County beginning on March 19.\nAlibaba Group Holding Ltd - ADR (NYSE: BABA) shares were trading lower Friday amid reports that the CEO of affiliate Ant Group is resigning. Chinese stocks overall were lower for the session, potentially amid valuation concerns and a rise in US bond yields.\nTraders and investors in airline stocks like American Airlines Group Inc (NASDAQ: AAL), United Airlines Holdings Inc (NASDAQ: AAL) and Delta Air Lines, Inc. (NYSE: DAL) should note a milestone noted in data from the Transportation Security Administration yesterday. According to the TSA, 1.357 million airport passengers were screened Friday, the highest number of passengers screened since March 15, 2020, as COVID-19 lockdowns took hold across the country.","news_type":1},"isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322123977,"gmtCreate":1615784785699,"gmtModify":1704786449441,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"new competitor.","listText":"new competitor.","text":"new competitor.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322123977","repostId":"1141300773","repostType":4,"repost":{"id":"1141300773","pubTimestamp":1615777101,"share":"https://ttm.financial/m/news/1141300773?lang=&edition=fundamental","pubTime":"2021-03-15 10:58","market":"us","language":"en","title":"Disney: What Is Disney+ Really Worth To Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=1141300773","media":"seekingalpha","summary":"In the past 16 months, Disney+ has gained 100 million subscribers.The market has generally viewed Disney+ as a major needle mover for the company overall.My goal is to find out how much value can Disney+ add for current shareholders.Disney+ has been a major catalyst for The Walt Disney Company  since it was first announced in April of 2019. The company was clearly making a strong pitch for getting content directly to consumers through the use of streaming services. Ever since the company had acq","content":"<p><b>Summary</b></p>\n<ul>\n <li>In the past 16 months, Disney+ has gained 100 million subscribers.</li>\n <li>The market has generally viewed Disney+ as a major needle mover for the company overall.</li>\n <li>My goal is to find out how much value can Disney+ add for current shareholders.</li>\n</ul>\n<p><b>Introduction</b></p>\n<p>Disney+ has been a major catalyst for The Walt Disney Company (DIS) since it was first announced in April of 2019. The company was clearly making a strong pitch for getting content directly to consumers through the use of streaming services. Ever since the company had acquired Bamtech in 2017, the plan was clearly to leverage this technology to change the way consumers view their content. With a huge library of content already available to the company, the only obstacle was getting the content distributed.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbdead1e1d98934dccef59fe49bc1246\" tg-width=\"1280\" tg-height=\"853\"><span>Source: Company</span></p>\n<p>I have a been a shareholder since the middle of 2018 and have a cost basis of $100 per share and my question is how much value is Disney+ actually adding? I am at a point of trying to figure out if the excitement around Disney+ and its incredible subscriber growth is worth the premium that the stock is currently trading at. For me, the idea of locking in a 100% return in three years would be great as this is one of the first stocks I invested in. What I want to do is try to look at Disney+ on its own and see what value I can come up for the service to see if I should continue to hold the stock long term or if I should lock in my gains and move on to other opportunities. As a disclaimer, this is purely my valuation and where I see the service going. As such, your valuation will probably differ depending on how you view a few of the assumptions I had to make. Unfortunately, the company does not break out the operating cost of Disney+, but there are some clues as to what the operating margins are, and as such, I will be pulling together what I believe are the operating margins for the service.</p>\n<p><b>What Are The Costs Of Disney+?</b></p>\n<p>The first thing I needed to find out was what were the operating expenses for Disney+? In Disney's most recent&nbsp;10-Q, they do break out what the cost are for their DTC (Direct-to-Consumer) segment, but while this includes Disney+ expenses, it also includes the expenses of ESPN+ and Hulu. So, in going through the line items of the expense side of the income statement and deciphering the footnotes, we can come to a reasonable operating income for Disney+. If you see below, the DTC segment is still operating at a loss, but these losses are starting to deteriorate and may soon become a profitable segment for Disney in the near future.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc30a144042eaefbed0c83e9765c5d70\" tg-width=\"640\" tg-height=\"250\"><span>(Source: Disney 2021 Q1 10-Q)</span></p>\n<p>You can see for the quarter, the overall operating expenses come in at $2,921 million, SG&amp;A at $970 million and Depreciation and amortization at $79 million. From here, we will have to go the footnotes in order to see if we can extrapolate Disney+'s overall operating cost.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d110655bf2e940dec8116ebe66f9e9d4\" tg-width=\"640\" tg-height=\"401\"><span>(Source: Disney 2021 Q1 10-Q)</span></p>\n<p>We can see that in December of 2019, overall expenses here were $2,343 billion and in January of 2021, expenses were $2,921 million. This can be a good starting point and offer an idea of what it cost per quarter to run Disney+. This of course is an approximation because Disney+ was launched in November of 2019, so our base quarter does have some of those expenses rolled into it, but I believe it is minimal due to the fact that there is only one month of data rolled into these expenses. I should note that some of these expense increases were due to Disney's 67% ownership in Hulu and as such most likely did contribute as well to the overall operating expenses. Since we don't really know for sure what the split is between Hulu and Disney+, we will assume that all of the increase was due to Disney+ (call it a margin of safety if you will). So, given that fact we can assume that per quarter it cost about $578 million or $2,312 million a year for operating expenses. For SG&amp;A, it looks like we can safely assume about a $238 million per quarter increase attributable solely to marketing for Disney+, which works out to be about $952 million for the year. Depreciation and amortization is also tied almost directly to Disney+ at about $19 million per quarter of, $76 million for the year. You can see below that the total expenses for running Disney plus come out to be about $3,186 million per year.</p>\n<p><img src=\"https://static.tigerbbs.com/73b127864cd5486905755e3e9e44bbed\" tg-width=\"815\" tg-height=\"320\"></p>\n<p><b>What Will Revenues Be?</b></p>\n<p>This is where we have to make our biggest assumptions on what revenues will look like for Disney+. The growth in subscribers has even surprised Disney executives, with&nbsp;over 50% of subscribers being households without kids,making the value appeal for subscribers even broader. As of March 9th of 2021, total subscribers for the service&nbsp;topped 100 million, which blew past Disney's initial estimates and they have now revised their estimates to reflect between 230 and 260 million subscribers by 2024. While it will be hard to tell how realistic this goal is, the service certainly has the momentum to justify the overall growth given the potential international reach. What will be interesting to watch for is the average revenue per user (ARPU) and how that will grow as time goes on. You can see that so far for Disney+, ARPU has declined from about $5.56 to $4.03. According to the most recent 10-Q, the decline is attributable to the launch of Disney+ Hotstar service launched in India and Indonesia.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d8d515e5a68c0cb68e17984492298aa4\" tg-width=\"640\" tg-height=\"156\"><span>(Source: Disney 2021 Q1 10-Q)</span></p>\n<p>As it stands with 100 million subscribers and an ARPU of $4.03, revenues so far would fall at $403 million per month or $4,836 million per year. If we assume that for this year that subscribers will grow about 6 million per month for the next nine months and an ARPU of $4 for the year we would come to 154 million subscribers and $7,392 million in revenue which we will us for our base case in our valuation of Disney+.</p>\n<p><img src=\"https://static.tigerbbs.com/cdade273a773d9de241df796dbcf680c\" tg-width=\"817\" tg-height=\"272\"></p>\n<p><b>Valuing Disney+</b></p>\n<p>One of the biggest challenges with valuation is making the assumptions in growth over a long period of time. My usual method for valuing any business is by taking a range of values of using a couple of scenarios that I believe are possible and this is how I will present my valuation. Both scenarios will assume that the high growth phase for Disney+ continues for at least the next five years and then begins to fade for the next five years. Each scenario will also assume that the number of subscribers begins at 154 million with $7,392 million in revenue based on $4 monthly ARPU and margins will begin at 34%. I have calculated Disney's overall cost of capital to be about 9.5% and this will be used in both scenarios.</p>\n<p><b>Scenario 1:</b></p>\n<p>In this scenario Disney+ will continue to grow at a high rate even after the first 5 years, although this pace will be slower than the first five years. The competition has a hard time keeping up and as such there is low churn and the platform has great sticking power, ARPU will continue to rise at a moderately high rate until it reaches about $16. As growth begins to slow, Disney will pull back on the growth marketing spend and transition to a more moderate amount of marketing to replace churn which will raise margins.</p>\n<p><img src=\"https://static.tigerbbs.com/f32924a0a6e113ef9d89fac4143d4b14\" tg-width=\"640\" tg-height=\"83\"><img src=\"https://static.tigerbbs.com/1dba93c03f1d4a4e745021aa3b1cc220\" tg-width=\"815\" tg-height=\"317\"></p>\n<p><b>Scenario 2:</b></p>\n<p>In this scenario, Disney+ growth in the first five years is slower than expected. The goal of between 230 to 240 takes a couple more years to achieve than expected and due to this lower growth ARPU does not rise nearly as fast in order to reduce churn and keep the value proposition intact. Margins will start to lower as more money is being spent to attract new subscribers and make more content. Disney+ in this instance faces more competition from other services and has to create more content which would result in some of this content being a flop.</p>\n<p><img src=\"https://static.tigerbbs.com/0aaed5ea9a63f499ddcb441b68b45994\" tg-width=\"640\" tg-height=\"82\"><img src=\"https://static.tigerbbs.com/72734aac549e172bfe59a411dcaeb81e\" tg-width=\"818\" tg-height=\"320\"></p>\n<p><b>Final Thoughts</b></p>\n<p>Based on both of my scenarios, the value of Disney+ has quite a large range. The potential for Disney+ landed in between $148 and $36 per share of added value. If you take the midpoint of these two extremes, you would land around $92 a share of added value. I will note the one item I did not include was what taxes will be in the future. I didn't model this just due to the uncertainties around future taxes and the fact that Disney may have incurred net operating losses due to the COVID-19 pandemic. Overall, this has been a helpful exercise in trying to determine what I should do going forward.</p>\n<p>With the majority of the stock price movement being attributed to Disney+, it looks like there may be justification to today's current price. That being said, the stock may be close to fully priced, especially given the current state of the rest of Disney's operating segments, most notably the Parks and Experiences segments. When I initially invested in Disney, the plan was to hold onto this stock forever, but the current valuation of Disney+ is certainly given me pause and I will need to rethink whether I should sell and move on to other opportunities. I still believe this is a great company with a long runway, but with the words of Warren Buffett in my ear, \"Price is what you pay, value is what you get\".</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disney: What Is Disney+ Really Worth To Shareholders</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\">\nDisney: What Is Disney+ Really Worth To Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 10:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4413801-what-is-disney-plus-really-worth-to-shareholders><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIn the past 16 months, Disney+ has gained 100 million subscribers.\nThe market has generally viewed Disney+ as a major needle mover for the company overall.\nMy goal is to find out how much ...</p>\n\n<a href=\"https://seekingalpha.com/article/4413801-what-is-disney-plus-really-worth-to-shareholders\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/article/4413801-what-is-disney-plus-really-worth-to-shareholders","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1141300773","content_text":"Summary\n\nIn the past 16 months, Disney+ has gained 100 million subscribers.\nThe market has generally viewed Disney+ as a major needle mover for the company overall.\nMy goal is to find out how much value can Disney+ add for current shareholders.\n\nIntroduction\nDisney+ has been a major catalyst for The Walt Disney Company (DIS) since it was first announced in April of 2019. The company was clearly making a strong pitch for getting content directly to consumers through the use of streaming services. Ever since the company had acquired Bamtech in 2017, the plan was clearly to leverage this technology to change the way consumers view their content. With a huge library of content already available to the company, the only obstacle was getting the content distributed.\nSource: Company\nI have a been a shareholder since the middle of 2018 and have a cost basis of $100 per share and my question is how much value is Disney+ actually adding? I am at a point of trying to figure out if the excitement around Disney+ and its incredible subscriber growth is worth the premium that the stock is currently trading at. For me, the idea of locking in a 100% return in three years would be great as this is one of the first stocks I invested in. What I want to do is try to look at Disney+ on its own and see what value I can come up for the service to see if I should continue to hold the stock long term or if I should lock in my gains and move on to other opportunities. As a disclaimer, this is purely my valuation and where I see the service going. As such, your valuation will probably differ depending on how you view a few of the assumptions I had to make. Unfortunately, the company does not break out the operating cost of Disney+, but there are some clues as to what the operating margins are, and as such, I will be pulling together what I believe are the operating margins for the service.\nWhat Are The Costs Of Disney+?\nThe first thing I needed to find out was what were the operating expenses for Disney+? In Disney's most recent 10-Q, they do break out what the cost are for their DTC (Direct-to-Consumer) segment, but while this includes Disney+ expenses, it also includes the expenses of ESPN+ and Hulu. So, in going through the line items of the expense side of the income statement and deciphering the footnotes, we can come to a reasonable operating income for Disney+. If you see below, the DTC segment is still operating at a loss, but these losses are starting to deteriorate and may soon become a profitable segment for Disney in the near future.\n(Source: Disney 2021 Q1 10-Q)\nYou can see for the quarter, the overall operating expenses come in at $2,921 million, SG&A at $970 million and Depreciation and amortization at $79 million. From here, we will have to go the footnotes in order to see if we can extrapolate Disney+'s overall operating cost.\n(Source: Disney 2021 Q1 10-Q)\nWe can see that in December of 2019, overall expenses here were $2,343 billion and in January of 2021, expenses were $2,921 million. This can be a good starting point and offer an idea of what it cost per quarter to run Disney+. This of course is an approximation because Disney+ was launched in November of 2019, so our base quarter does have some of those expenses rolled into it, but I believe it is minimal due to the fact that there is only one month of data rolled into these expenses. I should note that some of these expense increases were due to Disney's 67% ownership in Hulu and as such most likely did contribute as well to the overall operating expenses. Since we don't really know for sure what the split is between Hulu and Disney+, we will assume that all of the increase was due to Disney+ (call it a margin of safety if you will). So, given that fact we can assume that per quarter it cost about $578 million or $2,312 million a year for operating expenses. For SG&A, it looks like we can safely assume about a $238 million per quarter increase attributable solely to marketing for Disney+, which works out to be about $952 million for the year. Depreciation and amortization is also tied almost directly to Disney+ at about $19 million per quarter of, $76 million for the year. You can see below that the total expenses for running Disney plus come out to be about $3,186 million per year.\n\nWhat Will Revenues Be?\nThis is where we have to make our biggest assumptions on what revenues will look like for Disney+. The growth in subscribers has even surprised Disney executives, with over 50% of subscribers being households without kids,making the value appeal for subscribers even broader. As of March 9th of 2021, total subscribers for the service topped 100 million, which blew past Disney's initial estimates and they have now revised their estimates to reflect between 230 and 260 million subscribers by 2024. While it will be hard to tell how realistic this goal is, the service certainly has the momentum to justify the overall growth given the potential international reach. What will be interesting to watch for is the average revenue per user (ARPU) and how that will grow as time goes on. You can see that so far for Disney+, ARPU has declined from about $5.56 to $4.03. According to the most recent 10-Q, the decline is attributable to the launch of Disney+ Hotstar service launched in India and Indonesia.\n(Source: Disney 2021 Q1 10-Q)\nAs it stands with 100 million subscribers and an ARPU of $4.03, revenues so far would fall at $403 million per month or $4,836 million per year. If we assume that for this year that subscribers will grow about 6 million per month for the next nine months and an ARPU of $4 for the year we would come to 154 million subscribers and $7,392 million in revenue which we will us for our base case in our valuation of Disney+.\n\nValuing Disney+\nOne of the biggest challenges with valuation is making the assumptions in growth over a long period of time. My usual method for valuing any business is by taking a range of values of using a couple of scenarios that I believe are possible and this is how I will present my valuation. Both scenarios will assume that the high growth phase for Disney+ continues for at least the next five years and then begins to fade for the next five years. Each scenario will also assume that the number of subscribers begins at 154 million with $7,392 million in revenue based on $4 monthly ARPU and margins will begin at 34%. I have calculated Disney's overall cost of capital to be about 9.5% and this will be used in both scenarios.\nScenario 1:\nIn this scenario Disney+ will continue to grow at a high rate even after the first 5 years, although this pace will be slower than the first five years. The competition has a hard time keeping up and as such there is low churn and the platform has great sticking power, ARPU will continue to rise at a moderately high rate until it reaches about $16. As growth begins to slow, Disney will pull back on the growth marketing spend and transition to a more moderate amount of marketing to replace churn which will raise margins.\n\nScenario 2:\nIn this scenario, Disney+ growth in the first five years is slower than expected. The goal of between 230 to 240 takes a couple more years to achieve than expected and due to this lower growth ARPU does not rise nearly as fast in order to reduce churn and keep the value proposition intact. Margins will start to lower as more money is being spent to attract new subscribers and make more content. Disney+ in this instance faces more competition from other services and has to create more content which would result in some of this content being a flop.\n\nFinal Thoughts\nBased on both of my scenarios, the value of Disney+ has quite a large range. The potential for Disney+ landed in between $148 and $36 per share of added value. If you take the midpoint of these two extremes, you would land around $92 a share of added value. I will note the one item I did not include was what taxes will be in the future. I didn't model this just due to the uncertainties around future taxes and the fact that Disney may have incurred net operating losses due to the COVID-19 pandemic. Overall, this has been a helpful exercise in trying to determine what I should do going forward.\nWith the majority of the stock price movement being attributed to Disney+, it looks like there may be justification to today's current price. That being said, the stock may be close to fully priced, especially given the current state of the rest of Disney's operating segments, most notably the Parks and Experiences segments. When I initially invested in Disney, the plan was to hold onto this stock forever, but the current valuation of Disney+ is certainly given me pause and I will need to rethink whether I should sell and move on to other opportunities. I still believe this is a great company with a long runway, but with the words of Warren Buffett in my ear, \"Price is what you pay, value is what you get\".","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322129542,"gmtCreate":1615784732486,"gmtModify":1704786448621,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"growth n value both should be in portfolio","listText":"growth n value both should be in portfolio","text":"growth n value both should be in portfolio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322129542","repostId":"1133865277","repostType":4,"repost":{"id":"1133865277","pubTimestamp":1615775463,"share":"https://ttm.financial/m/news/1133865277?lang=&edition=fundamental","pubTime":"2021-03-15 10:31","market":"us","language":"en","title":"Value Managers Rejoice: What’s Next for Value vs. Growth Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1133865277","media":"Barrons","summary":"Monday, Feb. 22, was a great day for Ali Motamed, but a bad one for most investors. While the popula","content":"<p>Monday, Feb. 22, was a great day for Ali Motamed, but a bad one for most investors. While the popular, technology-driven Nasdaq 100 index fell 2.6% and the S&amp;P 500 index dropped 0.8%, Motamed’s&nbsp;Invenomic&nbsp;fund soared 5.8% because he was betting against the popular tech stocks and for the unpopular value ones.</p><p>That’s right—beaten-up value stocks arefinally winning. Both the Russell 2000 Value Index of the smallest, cheapest stocks and the Russell 1000 Value Index of the largest are beating their Russell growth counterparts by more than 10 percentage points this year. And this time, afternumerous head-fakes—including a one-day surge among tech stocks this week—the comeback seems for real.</p><p>“We still have among the biggest spreads in valuation between value and growth stocks that we’ve ever had,” says Motamed. That, plus the promise of fiscal stimulus, has driven up value stocks, which are generally weaker, more cyclical, or more economically sensitive than growth stocks. Consequently. Motamed’s value-oriented fund (ticker: BIVRX), is the No. 1 fund this year in Morningstar’s Long-Short Equity category, with a 26% return.</p><p>How wide is the valuation gap? That depends on which metric you use. The most traditional one is price-to-book value, which examines a company’s hard assets. The Russell 3000 Growth Index had aP/B of 11.1at the end of January versus the Russell 3000 Value’sP/B of 2.5. Historically, value managers searched for companies trading below one times book value for bargains. The valuation spread is currently at “the peak of the [2000] tech-bubble levels,” says Rob Arnott, founding chairman of Research Affiliates, which manages $153 billion. “So, I look on this as the first big step in what’s likely to be a long march back for value.”</p><p>Yet book value doesn’t measure technology companies well, as they often have little in the way of physical assets. Another metric is the Shiller price/earnings ratio, which normalizes, or smooths out, earnings for stocks in the ratio by averaging them over the past 10 years. U.S. large-cap stocks overall have a 35.5 Shiller P/E, a valuation not seen since their peak of 44 during the 1999-2000 tech bubble. U.S. value stocks have a Shiller P/E of 21.6, and growth 46.8. “If you look at a Shiller P/E ratio, growth is insanely expensive, and value is cheap, relative to the market,” Arnott says, “but not quite cheap relative to its historic norms.” He says value stocks need to fall 5% and growth 50% to achieve fair value in accordance with historic norms.</p><p>For this reason, Arnott favors foreign stocks, and emerging market stocks especially, which are cheaper overall than U.S. stocks. Emerging markets value stocks have a 10 Shiller P/E. “I have about half of my liquid assets in emerging markets deep value,” he says.</p><p>But someone like Motamed can play the spread in valuation by going long value in gold miner stocks likeKinross Gold(KGC), and short tech stocks likeApple(AAPL) orShopify(SHOP). “I can buy gold [miner] equities that in many cases are unlevered [zero debt] or becoming unlevered, well below book value, with enormous cash flows,” he says.</p><p>Meanwhile, “Apple is just a misrepresentation of a growth company,” Motamed says, pointing to its earnings before interest, taxes, depreciation, and amortization, or Ebitda. “If you look at Apple’s Ebitda, it made $82 billion in 2015. In the last year, it did $86 billion in Ebitda. That’s a 1% growth rate. They’ve saturated their market.”</p><p>Some value-oriented managers have a more nuanced view. Chris Davis, chairman of Davis Advisors and manager ofSelected American(SLADX), says there’s a distinction between what he calls “growth stalwarts” likeAlphabet(GOOGL) and more speculative fare. Google, he says, has “incredible cash-generation ability” and a dominant position in search engines that’s nearly impossible to dislodge.</p><p>What Davis wants in growth stocks is proven cash flow generation, not expected cash flow years down the road. The distinction between current growth and expected growth is a vital one now because it isn’t just the promise of stimulus driving cyclical value stocks up, but rising interest rates driving high-priced growth stocks down. The stimulus Wall Street expects will cause inflation, which makes bonds with low yields less attractive, so rates on 10-year Treasury notes, after hitting a low of 0.5% last year, are now 1.5%.</p><p>Companies with high valuations like&nbsp;Tesla(TSLA), which has a 172 forward P/E, have much of their earnings growth in the future, and consequently have low earnings yields, which is the inverse of their P/E ratios—0.6% in Tesla’s case. Those yields compare more unfavorably to bonds with each increase in rates. “Growth stocks are longer-duration equities,” explains Scott McBride, manager of&nbsp;Hotchkis &amp; Wiley Large Cap Value(HWLAX) “Their cash flows are further out into the future. A move in interest rates has a bigger impact on price, just like it has a bigger impact on the price of long-duration bonds.” Bond prices move inversely with rates, and long-duration ones are more sensitive to rates.</p><p>In addition,traditional value sectorscan benefit from rising rates, especially banks, which can increase profit margins on their loans by charging more for them as rates rise. Meanwhile, inflation should drive up prices of hard-asset-based energy, gold mining, and real estate stocks.</p><p>That said, some managers think the reversal will be temporary. Mitch Rubin, manager of theRiverPark Long/Short Opportunity(RLSFX), which favors growth stocks, says rates were so low to begin with that what is happening now is really a “period of normalizing stable rates.” Long-term bonds rates below 5% are generally good for growth companies that can borrow cheaply and expand, he says.</p><p>Rubin owns Apple and other stocks Motamed is shorting. “We don’t think Apple is done as an innovator,” he says. His fund is up only 1.8% this year, but it has beaten every other long/short fund in the past five years.</p><p>Whether he or Motamed wins in the next five years is the question.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title> Value Managers Rejoice: What’s Next for Value vs. Growth Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n Value Managers Rejoice: What’s Next for Value vs. Growth Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 10:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/value-stocks-are-starting-to-outpace-their-growth-counterparts-51615589128?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Monday, Feb. 22, was a great day for Ali Motamed, but a bad one for most investors. While the popular, technology-driven Nasdaq 100 index fell 2.6% and the S&P 500 index dropped 0.8%, Motamed’s ...</p>\n\n<a href=\"https://www.barrons.com/articles/value-stocks-are-starting-to-outpace-their-growth-counterparts-51615589128?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/value-stocks-are-starting-to-outpace-their-growth-counterparts-51615589128?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133865277","content_text":"Monday, Feb. 22, was a great day for Ali Motamed, but a bad one for most investors. While the popular, technology-driven Nasdaq 100 index fell 2.6% and the S&P 500 index dropped 0.8%, Motamed’s Invenomic fund soared 5.8% because he was betting against the popular tech stocks and for the unpopular value ones.That’s right—beaten-up value stocks arefinally winning. Both the Russell 2000 Value Index of the smallest, cheapest stocks and the Russell 1000 Value Index of the largest are beating their Russell growth counterparts by more than 10 percentage points this year. And this time, afternumerous head-fakes—including a one-day surge among tech stocks this week—the comeback seems for real.“We still have among the biggest spreads in valuation between value and growth stocks that we’ve ever had,” says Motamed. That, plus the promise of fiscal stimulus, has driven up value stocks, which are generally weaker, more cyclical, or more economically sensitive than growth stocks. Consequently. Motamed’s value-oriented fund (ticker: BIVRX), is the No. 1 fund this year in Morningstar’s Long-Short Equity category, with a 26% return.How wide is the valuation gap? That depends on which metric you use. The most traditional one is price-to-book value, which examines a company’s hard assets. The Russell 3000 Growth Index had aP/B of 11.1at the end of January versus the Russell 3000 Value’sP/B of 2.5. Historically, value managers searched for companies trading below one times book value for bargains. The valuation spread is currently at “the peak of the [2000] tech-bubble levels,” says Rob Arnott, founding chairman of Research Affiliates, which manages $153 billion. “So, I look on this as the first big step in what’s likely to be a long march back for value.”Yet book value doesn’t measure technology companies well, as they often have little in the way of physical assets. Another metric is the Shiller price/earnings ratio, which normalizes, or smooths out, earnings for stocks in the ratio by averaging them over the past 10 years. U.S. large-cap stocks overall have a 35.5 Shiller P/E, a valuation not seen since their peak of 44 during the 1999-2000 tech bubble. U.S. value stocks have a Shiller P/E of 21.6, and growth 46.8. “If you look at a Shiller P/E ratio, growth is insanely expensive, and value is cheap, relative to the market,” Arnott says, “but not quite cheap relative to its historic norms.” He says value stocks need to fall 5% and growth 50% to achieve fair value in accordance with historic norms.For this reason, Arnott favors foreign stocks, and emerging market stocks especially, which are cheaper overall than U.S. stocks. Emerging markets value stocks have a 10 Shiller P/E. “I have about half of my liquid assets in emerging markets deep value,” he says.But someone like Motamed can play the spread in valuation by going long value in gold miner stocks likeKinross Gold(KGC), and short tech stocks likeApple(AAPL) orShopify(SHOP). “I can buy gold [miner] equities that in many cases are unlevered [zero debt] or becoming unlevered, well below book value, with enormous cash flows,” he says.Meanwhile, “Apple is just a misrepresentation of a growth company,” Motamed says, pointing to its earnings before interest, taxes, depreciation, and amortization, or Ebitda. “If you look at Apple’s Ebitda, it made $82 billion in 2015. In the last year, it did $86 billion in Ebitda. That’s a 1% growth rate. They’ve saturated their market.”Some value-oriented managers have a more nuanced view. Chris Davis, chairman of Davis Advisors and manager ofSelected American(SLADX), says there’s a distinction between what he calls “growth stalwarts” likeAlphabet(GOOGL) and more speculative fare. Google, he says, has “incredible cash-generation ability” and a dominant position in search engines that’s nearly impossible to dislodge.What Davis wants in growth stocks is proven cash flow generation, not expected cash flow years down the road. The distinction between current growth and expected growth is a vital one now because it isn’t just the promise of stimulus driving cyclical value stocks up, but rising interest rates driving high-priced growth stocks down. The stimulus Wall Street expects will cause inflation, which makes bonds with low yields less attractive, so rates on 10-year Treasury notes, after hitting a low of 0.5% last year, are now 1.5%.Companies with high valuations like Tesla(TSLA), which has a 172 forward P/E, have much of their earnings growth in the future, and consequently have low earnings yields, which is the inverse of their P/E ratios—0.6% in Tesla’s case. Those yields compare more unfavorably to bonds with each increase in rates. “Growth stocks are longer-duration equities,” explains Scott McBride, manager of Hotchkis & Wiley Large Cap Value(HWLAX) “Their cash flows are further out into the future. A move in interest rates has a bigger impact on price, just like it has a bigger impact on the price of long-duration bonds.” Bond prices move inversely with rates, and long-duration ones are more sensitive to rates.In addition,traditional value sectorscan benefit from rising rates, especially banks, which can increase profit margins on their loans by charging more for them as rates rise. Meanwhile, inflation should drive up prices of hard-asset-based energy, gold mining, and real estate stocks.That said, some managers think the reversal will be temporary. Mitch Rubin, manager of theRiverPark Long/Short Opportunity(RLSFX), which favors growth stocks, says rates were so low to begin with that what is happening now is really a “period of normalizing stable rates.” Long-term bonds rates below 5% are generally good for growth companies that can borrow cheaply and expand, he says.Rubin owns Apple and other stocks Motamed is shorting. “We don’t think Apple is done as an innovator,” he says. His fund is up only 1.8% this year, but it has beaten every other long/short fund in the past five years.Whether he or Motamed wins in the next five years is the question.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328138880,"gmtCreate":1615505497840,"gmtModify":1704783715609,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"gd stock?","listText":"gd stock?","text":"gd stock?","images":[{"img":"https://static.tigerbbs.com/d716f774f7074c52426dba93b90fcbf4","width":"1440","height":"2629"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328138880","isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":321265026,"gmtCreate":1615440477065,"gmtModify":1704782801164,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"hmmmm","listText":"hmmmm","text":"hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321265026","repostId":"1168853647","repostType":4,"repost":{"id":"1168853647","pubTimestamp":1615436750,"share":"https://ttm.financial/m/news/1168853647?lang=&edition=fundamental","pubTime":"2021-03-11 12:25","market":"us","language":"en","title":"Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show","url":"https://stock-news.laohu8.com/highlight/detail?id=1168853647","media":"investors","summary":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks ","content":"<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?</p>\n<p>Sellers were in<b>Alibaba</b>(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.</p>\n<p>Adjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.</p>\n<p>\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.</p>\n<p>Alibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.</p>\n<p><b>Sellers Hit BABA Stock</b></p>\n<p>Sellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.</p>\n<p>Sellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.</p>\n<p>BABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba and<b>JD.com</b>(JD), among others. It's had a hard time attracting buyers since then.</p>\n<p><b>Alibaba Stock Fundamental Analysis</b></p>\n<p>With a five-year annualized&nbsp; earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.</p>\n<p>Expectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.</p>\n<p>The company has been able to stay in growth mode despite a slowdown in its core e-commerce business.</p>\n<p>Alibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.</p>\n<p>Alibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete with<b>Tencent</b>(TCEHY)-owned Meituan.</p>\n<p>Sales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement with<b>Walt Disney</b>(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.</p>\n<p>And just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.</p>\n<p><b>Top-Rated Stock</b></p>\n<p>Alibaba's&nbsp;Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.</p>\n<p>Still, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.</p>\n<p>But earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.</p>\n<p>Alibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.</p>\n<p>Mobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.</p>\n<p><b>Top Fundamentals</b></p>\n<p>Annual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup.&nbsp;With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.</p>\n<p>For its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.</p>\n<p><b>Etsy</b>(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-based<b>JD.com</b>(JD),<b>Vipshop</b>(VIPS) and<b>Shutterstock</b>(SSTK).</p>\n<p><b>Alibaba Stock Technical Analysis</b></p>\n<p>After a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.</p>\n<p>A 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.</p>\n<p><img src=\"https://static.tigerbbs.com/e27938fbb38634242f13196ad341bed4\" tg-width=\"1162\" tg-height=\"586\"></p>\n<p>Alibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.</p>\n<p><b>Improving RS Line</b></p>\n<p>Alibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.</p>\n<p>Alibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&amp;P 500. An upward-sloping RS line means the stock is outperforming the S&amp;P 500. A downward-sloping line means the stock is lagging the S&amp;P 500.</p>\n<p><b>The bottom line</b>: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.</p>\n<p>Risk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.</p>","source":"lsy1610449120050","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>Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show</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\">\nIs Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 12:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as ...</p>\n\n<a href=\"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168853647","content_text":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.\nAdjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.\n\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.\nAlibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.\nSellers Hit BABA Stock\nSellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.\nSellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.\nBABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba andJD.com(JD), among others. It's had a hard time attracting buyers since then.\nAlibaba Stock Fundamental Analysis\nWith a five-year annualized  earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.\nExpectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.\nThe company has been able to stay in growth mode despite a slowdown in its core e-commerce business.\nAlibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.\nAlibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete withTencent(TCEHY)-owned Meituan.\nSales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement withWalt Disney(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.\nAnd just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.\nTop-Rated Stock\nAlibaba's Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.\nStill, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.\nBut earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.\nAlibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.\nMobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.\nTop Fundamentals\nAnnual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup. With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.\nFor its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.\nEtsy(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-basedJD.com(JD),Vipshop(VIPS) andShutterstock(SSTK).\nAlibaba Stock Technical Analysis\nAfter a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.\nA 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.\n\nAlibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.\nImproving RS Line\nAlibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.\nAlibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&P 500. An upward-sloping RS line means the stock is outperforming the S&P 500. A downward-sloping line means the stock is lagging the S&P 500.\nThe bottom line: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.\nRisk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321262286,"gmtCreate":1615440395345,"gmtModify":1704782801003,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"strong stock?","listText":"strong stock?","text":"strong stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321262286","repostId":"1168853647","repostType":4,"repost":{"id":"1168853647","pubTimestamp":1615436750,"share":"https://ttm.financial/m/news/1168853647?lang=&edition=fundamental","pubTime":"2021-03-11 12:25","market":"us","language":"en","title":"Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show","url":"https://stock-news.laohu8.com/highlight/detail?id=1168853647","media":"investors","summary":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks ","content":"<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?</p>\n<p>Sellers were in<b>Alibaba</b>(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.</p>\n<p>Adjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.</p>\n<p>\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.</p>\n<p>Alibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.</p>\n<p><b>Sellers Hit BABA Stock</b></p>\n<p>Sellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.</p>\n<p>Sellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.</p>\n<p>BABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba and<b>JD.com</b>(JD), among others. It's had a hard time attracting buyers since then.</p>\n<p><b>Alibaba Stock Fundamental Analysis</b></p>\n<p>With a five-year annualized&nbsp; earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.</p>\n<p>Expectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.</p>\n<p>The company has been able to stay in growth mode despite a slowdown in its core e-commerce business.</p>\n<p>Alibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.</p>\n<p>Alibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete with<b>Tencent</b>(TCEHY)-owned Meituan.</p>\n<p>Sales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement with<b>Walt Disney</b>(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.</p>\n<p>And just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.</p>\n<p><b>Top-Rated Stock</b></p>\n<p>Alibaba's&nbsp;Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.</p>\n<p>Still, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.</p>\n<p>But earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.</p>\n<p>Alibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.</p>\n<p>Mobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.</p>\n<p><b>Top Fundamentals</b></p>\n<p>Annual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup.&nbsp;With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.</p>\n<p>For its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.</p>\n<p><b>Etsy</b>(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-based<b>JD.com</b>(JD),<b>Vipshop</b>(VIPS) and<b>Shutterstock</b>(SSTK).</p>\n<p><b>Alibaba Stock Technical Analysis</b></p>\n<p>After a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.</p>\n<p>A 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.</p>\n<p><img src=\"https://static.tigerbbs.com/e27938fbb38634242f13196ad341bed4\" tg-width=\"1162\" tg-height=\"586\"></p>\n<p>Alibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.</p>\n<p><b>Improving RS Line</b></p>\n<p>Alibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.</p>\n<p>Alibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&amp;P 500. An upward-sloping RS line means the stock is outperforming the S&amp;P 500. A downward-sloping line means the stock is lagging the S&amp;P 500.</p>\n<p><b>The bottom line</b>: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.</p>\n<p>Risk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.</p>","source":"lsy1610449120050","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>Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show</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\">\nIs Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 12:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as ...</p>\n\n<a href=\"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168853647","content_text":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.\nAdjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.\n\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.\nAlibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.\nSellers Hit BABA Stock\nSellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.\nSellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.\nBABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba andJD.com(JD), among others. It's had a hard time attracting buyers since then.\nAlibaba Stock Fundamental Analysis\nWith a five-year annualized  earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.\nExpectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.\nThe company has been able to stay in growth mode despite a slowdown in its core e-commerce business.\nAlibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.\nAlibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete withTencent(TCEHY)-owned Meituan.\nSales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement withWalt Disney(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.\nAnd just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.\nTop-Rated Stock\nAlibaba's Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.\nStill, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.\nBut earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.\nAlibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.\nMobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.\nTop Fundamentals\nAnnual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup. With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.\nFor its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.\nEtsy(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-basedJD.com(JD),Vipshop(VIPS) andShutterstock(SSTK).\nAlibaba Stock Technical Analysis\nAfter a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.\nA 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.\n\nAlibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.\nImproving RS Line\nAlibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.\nAlibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&P 500. An upward-sloping RS line means the stock is outperforming the S&P 500. A downward-sloping line means the stock is lagging the S&P 500.\nThe bottom line: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.\nRisk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323506868,"gmtCreate":1615351256854,"gmtModify":1704781535243,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"target price 1000？","listText":"target price 1000？","text":"target price 1000？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/323506868","repostId":"1184559726","repostType":2,"repost":{"id":"1184559726","pubTimestamp":1615345850,"share":"https://ttm.financial/m/news/1184559726?lang=&edition=fundamental","pubTime":"2021-03-10 11:10","market":"us","language":"en","title":"Why Tesla Stock Skyrocketed Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1184559726","media":"Motley Fool","summary":"What happenedShares of Tesla surged on Tuesday, as the electric vehicle maker's stock price rebounde","content":"<p><b>What happened</b></p><p>Shares of&nbsp;<b>Tesla</b>&nbsp;surged on Tuesday, as the electric vehicle maker's stock price rebounded sharply from its recent lows.</p><p>As of 11:25 a.m. EST, Tesla's stock was up more than 12%.</p><p><b>So what</b></p><p>Following positive developments on the COVID-19 vaccine front,investorshave rotated out of high-priced growth stocks that have performed well during the coronavirus crisis and into more bargain-priced stocks that could benefit from a post-pandemic economic recovery. Tesla was caught up in this rotation. After climbing to a record high of $900.40 on Jan. 25, Tesla lost more than a third of its value by March 8.</p><p>Some forward-thinking investors, however, believe the sell-off was overdone. For one, Ark Investment Management founder and CEO Cathie Wood, who oversees the popular<b>ARK Innovation ETF</b>(NYSEMKT:ARKK), has used the downturn to scoop up more Tesla shares at a significant discount to their recent highs.</p><p><b>Now what</b></p><p>New Street analyst Pierre Ferragu also thinks now is a good time to buy Tesla's shares. He raised his rating on Tesla's stock from neutral to buy on Tuesday. Ferragu sees Tesla's stock price climbing to $900 as it ramps up its manufacturing capacity and quadruples deliveries of its popular electric vehicles over the next three years.</p><p>Wedbush analyst Daniel Ives, meanwhile, said today that he believes Tesla's stock price could reach as high as $950. Ives highlighted the EV leader's strong sales in China, which rose 18% sequentially in February to 18,318 vehicles. His price target represents potential gains to investors of roughly 50% from Tesla's current share price near $630.</p><p><img src=\"https://static.tigerbbs.com/597a235a735279d786dddd35c6f0b00c\" tg-width=\"1051\" tg-height=\"498\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Skyrocketed Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Skyrocketed Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 11:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/09/why-tesla-stock-skyrocketed-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Tesla surged on Tuesday, as the electric vehicle maker's stock price rebounded sharply from its recent lows.As of 11:25 a.m. EST, Tesla's stock was up more than 12%.So ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/09/why-tesla-stock-skyrocketed-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/03/09/why-tesla-stock-skyrocketed-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184559726","content_text":"What happenedShares of Tesla surged on Tuesday, as the electric vehicle maker's stock price rebounded sharply from its recent lows.As of 11:25 a.m. EST, Tesla's stock was up more than 12%.So whatFollowing positive developments on the COVID-19 vaccine front,investorshave rotated out of high-priced growth stocks that have performed well during the coronavirus crisis and into more bargain-priced stocks that could benefit from a post-pandemic economic recovery. Tesla was caught up in this rotation. After climbing to a record high of $900.40 on Jan. 25, Tesla lost more than a third of its value by March 8.Some forward-thinking investors, however, believe the sell-off was overdone. For one, Ark Investment Management founder and CEO Cathie Wood, who oversees the popularARK Innovation ETF(NYSEMKT:ARKK), has used the downturn to scoop up more Tesla shares at a significant discount to their recent highs.Now whatNew Street analyst Pierre Ferragu also thinks now is a good time to buy Tesla's shares. He raised his rating on Tesla's stock from neutral to buy on Tuesday. Ferragu sees Tesla's stock price climbing to $900 as it ramps up its manufacturing capacity and quadruples deliveries of its popular electric vehicles over the next three years.Wedbush analyst Daniel Ives, meanwhile, said today that he believes Tesla's stock price could reach as high as $950. Ives highlighted the EV leader's strong sales in China, which rose 18% sequentially in February to 18,318 vehicles. His price target represents potential gains to investors of roughly 50% from Tesla's current share price near $630.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323200629,"gmtCreate":1615341516961,"gmtModify":1704781388768,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"tech companies is pushing up the indexes.","listText":"tech companies is pushing up the indexes.","text":"tech companies is pushing up the indexes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323200629","repostId":"1102807948","repostType":4,"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323689811,"gmtCreate":1615337856733,"gmtModify":1704781308525,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"tech stock will go up.","listText":"tech stock will go up.","text":"tech stock will go up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323689811","repostId":"1118673419","repostType":4,"repost":{"id":"1118673419","pubTimestamp":1615334943,"share":"https://ttm.financial/m/news/1118673419?lang=&edition=fundamental","pubTime":"2021-03-10 08:09","market":"us","language":"en","title":"Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months","url":"https://stock-news.laohu8.com/highlight/detail?id=1118673419","media":"cnbc","summary":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the ","content":"<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1118673419","content_text":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since November.Teslasoared 19.6% after a five-day losing streak and posted its biggest one-day pop since February 2020.AppleandFacebookjumped more than 4% each, while Microsoft and Netflix both gained at least 2.5%. Amazon rose 3.8%. The tech-heavy benchmark rallied as much as 4.3% during the session.\nThe S&P 500 advanced 1.4% to 3,875.44. The Dow Jones Industrial Average closed the day near its session low, rising just 30.30 points, or 0.1%, to 31,832.74. At its session high, the blue-chip benchmark jumped more than 300 points to touch an intraday record high.\nTechnology shares rebounded from steep losses as bond yields stabilized. The10-year Treasury yieldfell more than 5 basis points to 1.54%. The benchmark rate traded as high as 1.62% on Monday.\n“After lagging badly for the last few weeks, growth/momentum stocks are exploding higher as investors grow a bit more comfortable around rates and step in to buy this erstwhile most-loved sector,” Adam Crisafulli, founder of Vital Knowledge, said in a note.\nThe Nasdaq shed 2.4% in the previous session to close more than 10% below its Feb.12 high and falling into correction territory. High-growth names have been pressured lately as rising rates make their future profits less valuable today, making it hard to justify the stocks’ lofty valuations.\nMany popular technology stocks have fallen double digits over the past month amid rate fears. Even with Tuesday’s rally, Apple dropped more than 10% in the past month, while Tesla tumbled 20%. Pandemic betsZoom VideoandPelotonfell 20% and 36%, respectively, during the same period.\n“A lot of these tech stocks have become oversold on a short-term basis. Therefore, it’s not a big surprise that they’re seeing a nice bounce,” said Matt Maley, chief market strategist at Miller Tabak. “The question will be whether this bounce is a strong one...or a ‘dead cat bounce’ that doesn’t last very long at all.”\nWidely followed investor Cathie Wood of Ark Investment Management told CNBC on Monday that the recent tech sell-off created “great opportunities” for her to buy the pure play names in her funds, which are concentrated in disruptive technology stocks.\nWood’s flagship fundArk Innovation (ARKK)popped 10% Tuesdayfor its best day ever.\nMeanwhile, the rally in reopening plays and cyclical stocks took a breather on Tuesday. Energy was the biggest loser with a 1.9% decline, paring its March gains to about 8%. Financials and industrials also underperformed Tuesday.\nSenate approval of the$1.9 trillion economic relief and stimulus billhad prompted investors to continue to rotate into these areas of the market to bet on an economic rebound. House Democrats aim to pass the bill on Wednesday so President Joe Biden can sign it by the weekend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323610333,"gmtCreate":1615337204422,"gmtModify":1704781293122,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578392724542825","authorIdStr":"3578392724542825"},"themes":[],"htmlText":"tech firms will stay strong due to the drive towards digital economy","listText":"tech firms will stay strong due to the drive towards digital economy","text":"tech firms will stay strong due to the drive towards digital economy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323610333","repostId":"1118673419","repostType":4,"repost":{"id":"1118673419","pubTimestamp":1615334943,"share":"https://ttm.financial/m/news/1118673419?lang=&edition=fundamental","pubTime":"2021-03-10 08:09","market":"us","language":"en","title":"Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months","url":"https://stock-news.laohu8.com/highlight/detail?id=1118673419","media":"cnbc","summary":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the ","content":"<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1118673419","content_text":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since November.Teslasoared 19.6% after a five-day losing streak and posted its biggest one-day pop since February 2020.AppleandFacebookjumped more than 4% each, while Microsoft and Netflix both gained at least 2.5%. Amazon rose 3.8%. The tech-heavy benchmark rallied as much as 4.3% during the session.\nThe S&P 500 advanced 1.4% to 3,875.44. The Dow Jones Industrial Average closed the day near its session low, rising just 30.30 points, or 0.1%, to 31,832.74. At its session high, the blue-chip benchmark jumped more than 300 points to touch an intraday record high.\nTechnology shares rebounded from steep losses as bond yields stabilized. The10-year Treasury yieldfell more than 5 basis points to 1.54%. The benchmark rate traded as high as 1.62% on Monday.\n“After lagging badly for the last few weeks, growth/momentum stocks are exploding higher as investors grow a bit more comfortable around rates and step in to buy this erstwhile most-loved sector,” Adam Crisafulli, founder of Vital Knowledge, said in a note.\nThe Nasdaq shed 2.4% in the previous session to close more than 10% below its Feb.12 high and falling into correction territory. High-growth names have been pressured lately as rising rates make their future profits less valuable today, making it hard to justify the stocks’ lofty valuations.\nMany popular technology stocks have fallen double digits over the past month amid rate fears. Even with Tuesday’s rally, Apple dropped more than 10% in the past month, while Tesla tumbled 20%. Pandemic betsZoom VideoandPelotonfell 20% and 36%, respectively, during the same period.\n“A lot of these tech stocks have become oversold on a short-term basis. Therefore, it’s not a big surprise that they’re seeing a nice bounce,” said Matt Maley, chief market strategist at Miller Tabak. “The question will be whether this bounce is a strong one...or a ‘dead cat bounce’ that doesn’t last very long at all.”\nWidely followed investor Cathie Wood of Ark Investment Management told CNBC on Monday that the recent tech sell-off created “great opportunities” for her to buy the pure play names in her funds, which are concentrated in disruptive technology stocks.\nWood’s flagship fundArk Innovation (ARKK)popped 10% Tuesdayfor its best day ever.\nMeanwhile, the rally in reopening plays and cyclical stocks took a breather on Tuesday. Energy was the biggest loser with a 1.9% decline, paring its March gains to about 8%. Financials and industrials also underperformed Tuesday.\nSenate approval of the$1.9 trillion economic relief and stimulus billhad prompted investors to continue to rotate into these areas of the market to bet on an economic rebound. House Democrats aim to pass the bill on Wednesday so President Joe Biden can sign it by the weekend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":353984449,"gmtCreate":1616455764481,"gmtModify":1704794238820,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"still a value stock.","listText":"still a value stock.","text":"still a value stock.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353984449","repostId":"1155582622","repostType":4,"repost":{"id":"1155582622","pubTimestamp":1616426086,"share":"https://ttm.financial/m/news/1155582622?lang=&edition=fundamental","pubTime":"2021-03-22 23:14","market":"us","language":"en","title":"Taiwan Semiconductor: High Ground Versus Low Ground","url":"https://stock-news.laohu8.com/highlight/detail?id=1155582622","media":"seekingalpha","summary":"Taiwan Semiconductor Manufacturing Co., or TSMC, is at a \"choke point\" in the semiconductor supply chain, where the company can benefit from the rigidity of industry capacity expansion to meet demand surge.TSMC’s high-ground scenario includes possessing  the most advanced high-end technology,  the largest and still rising market share, and  15% annual revenue growth from $28 billion capex.If considering both the high-ground and low-ground cases, TSM is reasonably valued at the current $110’s lev","content":"<p><b>Summary</b></p>\n<ul>\n <li>Taiwan Semiconductor Manufacturing Co., or TSMC, is at a \"choke point\" in the semiconductor supply chain, where the company can benefit from the rigidity of industry capacity expansion to meet demand surge.</li>\n <li>TSMC’s high-ground scenario includes possessing (1) the most advanced high-end technology, (2) the largest and still rising market share, and (3) 15% annual revenue growth from $28 billion capex.</li>\n <li>TSMC’s future low-ground scenario includes (1) declining utilization rates due to fading WFH demand, (2) USD depreciations cutting into EPS, and (3) $28 billion capex cutting into future dividend payments.</li>\n <li>If considering both the high-ground and low-ground cases, TSM is reasonably valued at the current $110’s level with a moderate upside for 2021.</li>\n <li>The real excitement is that TSM may reach $170 by 2022.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59820ae2f73b142d92ed1e65f1b1085d\" tg-width=\"768\" tg-height=\"512\"><span>Photo by Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p>It is hardly an exaggeration to call Taiwan Semiconductor Manufacturing Company(NYSE:TSM)(“TSMC”) the most important company in the world. At the very least, Taiwanese call TSMC their “Protecting Taiwan God Mountain.” Considering it is practically the “choke point” of the $470 billion global semiconductor industry, TSMC is also “potentially the most single point of failure in the semiconductor value chain,”said&nbsp;Jan-Peter Kleinhans, Director of the technology and geopolitics project at Berlin-based think tank,<i>Stiftung Neue Verantwortung</i>.</p>\n<p>TSMC processes the most advanced foundry technology and the largest market share (54%) in a capacity-constrained industry. Obviously, both the company and the stock have benefited significantly from the limitation of capacity expansion to meet the surging demand. In 2020, TSMC’s revenue has grown 25%, while the stock went up over 90%. It appears that their stock has looked beyond the recent financial performance.</p>\n<p>For that purpose, in this post, I described TSMC's future with a best-case and a worst-case scenario, respectively. TSMC's high-ground is that the structural growth drivers should remain intact if the company can retain the technological advances to create a wider chip platform to support the long-term growth of AI and HPC. Short-term demand should stay strong due to the global chip shortage and possible Intel outsourcing. However, TSMC should also expect the low-ground cases that are mainly from the decreasing utilization rate, weakening USD, higher capital expenditure diluting future dividend payments, the market-wide rising yield effect, and valuation correction. I also mapped out the path of TSMC future share price movements under each scenario. Given a higher likelihood for the high-ground case, TSMC may have a 20% upside in the next 12 months and a 70% upside in the next 24 months.</p>\n<p><b>TSMC’s High Ground</b></p>\n<p>The best-case scenario assumes that TSMC will retain most of the following favorable factors which have contributed to TSMC’s 2020 gain:</p>\n<p><b>Most advanced high-end technology supports TSMC’s long-term structural growth.</b>Compared amongst peers, TSMC is easily the leader in the arcane Extreme Ultra Violet (ELV) process, where it has half the world’s installed base and&nbsp;60% of its production.By 2020, TSMC has delivered&nbsp;over 1 billion 7 nm chips, while Intel(NASDAQ:INTC)is still struggling to master its 7nm process. TSMC’s 5nm chips has lower defect rates than it did at this point in its 7nm development. It is already ramping up for 3 nm production by the end of 2022 and has begun working&nbsp;on the 2 nm process(see figure below). The lead in technology is the basis for the structural growth drivers which should remain intact in the next few years, with TSMC being the key enabler of this AI/HPC revolution.</p>\n<p><img src=\"https://static.tigerbbs.com/068ca2e4582ecb2e1a44f88ec1093900\" tg-width=\"640\" tg-height=\"429\"></p>\n<p><b>The market share hits</b>&nbsp;<b>54%</b>&nbsp;<b>and expects to rise.</b>After reporting record revenue in 2020 based on demand for 5G smartphones, notebooks for teleworking and high-performance computers, TSMC reached a commanding 54% market share with the next competitor, Samsung Electronics(OTC:SSNLF)at a distant 18%. It is expected that TSMC’s market share dominance may continue as Apple(NASDAQ:AAPL)remains TSMC’s major customer and will give the Taiwanese firm more business for chips made with its most advanced technology.</p>\n<p><b>Short-term demand remains robust in the logic semi space.</b>Thanks to WFH-induced global chip shortage<b>,</b>full utilization nearly across all process nodes (especially tight at 7nm, 40nm and 8\") with continued 28nm utilization improvement. The better-than-expected crypto miner ASIC demand helping to fill the gap of 5nm capacity slack due to iPhone order cuts and Apple seasonality.</p>\n<p><b>TSMC should see more corroboration</b>&nbsp;of growth momentum in HPC, potential Intel CPU orders at 3nm, faster growth in&nbsp;AMD&nbsp;CPU, and Nvidia’s(NASDAQ:NVDA)AI accelerators. Intel outsourcing, if executed, is estimated to add 1% to TSMC’s revenue (Mizuho).</p>\n<p><b>The $28 billion capex spending</b>&nbsp;reflects management's confidence about advanced node chips' long-term demand strength and possible 15% compound annual revenue growth in the next 2-3 years.</p>\n<p><b>TSMC’s Low Ground</b></p>\n<p>The low-ground case would include several negative factors on the horizon that the high-ground case does not consider:</p>\n<p><b>Decreasing utilization rate results from fading WFH demand.</b>TSMC has operated at full capacity for a while; however, weaker-than-expected demand and macro conditions may lead to downside risk for utilization rate forecasts.It is estimated&nbsp;that every 1% decline in the utilization rate could result in 4%-5% downside to the 2021-2022 EPS estimates.</p>\n<p><b>Medium-term inventory correction is inevitable.</b>Inventory correction from a fading WFH demand is expected in 2H21. Logic semi inventory restocking has lasted for 6-7 quarters by 1Q21. While near-term demand indicators remain solid in the logic semi space, it is likely that there will be some inventory correction after 2022, as suggested by the analyst forecasts (Figure 2). However, JP Morgan predicts that end demand drivers for TSMC are likely to become more structural rather than cyclical in the future, with revenues from HPC likely to crossover those from smartphones by 2023. Consequently, TSMC could fare better during logic semi down cycle and recover faster from the trough vs other tier-2 Foundries (JP Morgan).</p>\n<p><img src=\"https://static.tigerbbs.com/27ebf5f3771333335e3ec84dda7798fc\" tg-width=\"640\" tg-height=\"336\"></p>\n<p><b>Average selling price (ASP) may go down.</b>TSMC has benefited from a 6% increase in ASP in 2021/22. However, the advantage has been reduced due to pricing competition from Samsung.Mizuho&nbsp;estimated that every 1% fall in ASP could result in 2%-3% downside for our EPS estimates for 2021-22.</p>\n<p><b>Weakening USD (Strengthening TWD) cuts into EPS.</b>Approximately 99% of TSMC’s sales are denominated in US dollars, but only 15% of its Cost of Goods Sold is in US dollars. Thus, TWD appreciation impacts the company’s gross margin. Based on&nbsp;Mizuho’s estimate,every 1% TWD appreciation could lead to 1%-2% downside to EPS estimates for 2021-22.</p>\n<p><b>$28 billion Capex may dilute dividend payment</b>. Taiwan Semiconductor's 1Q guidance of 23% year-over-year revenue growth indicates stronger sales of computing processors and automotive chips may offset the seasonality of smartphone chips. The $28 billion full-year capital budget&nbsp;may cut into&nbsp;the company's free cash flow and lead to greater volatility in the dividend.</p>\n<p><b>From Future Financials to Future Stock Prices</b></p>\n<p>After the high-ground and low-ground scenarios are developed, I will explain how to convert forecast financials into future stock prices: If a stock is priced based on its forecast financials at each point in time, I should first find those financial metrics which have traditionally affected the stock prices. A historical relationship between the historical stock prices and these financial metrics is first identified (multiple regression method). Then, the current forecast of these financial metrics at different future time point can be used to generate the future stock price targets. Historically, TSMC's stock prices are known to react to consensus forecasts of revenue, EPS, gross margin, capital expenditure, and free cash flow or dividend, e.g., the relationships in Figures 1A-1B.</p>\n<p><img src=\"https://static.tigerbbs.com/6d8598e14f696255c7faa92760ef906f\" tg-width=\"640\" tg-height=\"329\"><img src=\"https://static.tigerbbs.com/ed9aa585df33e69929a8a843f28e00f3\" tg-width=\"640\" tg-height=\"325\"></p>\n<p>Keep in mind that although I used historical data to estimate a historical relationship, it is still a forward-looking process. This is because, at any point in time in history, TSMC's price is estimated by the forward estimates of the five financial metrics at that time. The only assumption I made is that investors used the same (forward-looking) valuation structure to price stocks consistently. Using the relationship and the analysts' next 10-quarter estimates of the five metrics, I was able to compute the future stock prices corresponding to those forward financials.</p>\n<p><b>High-Ground vs. Low-Ground Share Prices</b></p>\n<p>For high-ground scenario, I used the normal relationship which assumes TSMC stock price is determined by forecast quarterly revenue, EPS, capital expenditure, and dividend estimates. For low-ground scenario, I included additional negative factors of expected 10-year Treasury yield up moves (from futures contracts), the future USD depreciation (from futures contracts), the forecast higher inventory, and forecast distant revenue growth rates (for lower utilization rates).</p>\n<p><img src=\"https://static.tigerbbs.com/ad3a771ad144f1a71a405203b9b19b58\" tg-width=\"640\" tg-height=\"345\"></p>\n<p>In Figure 2, I showed the high-ground prices in red, the low-ground prices in green and the actual TSMC price in black. Of course, after Q1 2021, only predicted prices are available. If you can go along with my approach, Figure 3 becomes quite telling. First of all, up till today, both predicted prices seem to map the actual stock price quite closely, the tight relationship implicitly validate the power of the models. It is also expected both scenarios behaved very similarly because all the additional (negative) factors included in the low-ground case are more relevant in the next few quarters. This is why the high-ground price explains the realty better until today, as both actual and high-ground prices are around $118 at Q1 2021, while low-ground price is at $81.</p>\n<p><img src=\"https://static.tigerbbs.com/46ff924f4d6ece1e451e1ca16ddc2070\" tg-width=\"640\" tg-height=\"382\"></p>\n<p>It is more important to see how the future share price plays out under each scenario. Table 1 indicates that the high-ground prices consistently trade at a $40 premium over the low-ground price and eventually to over $80 premium by Q4 2022. Of course, you can assign your own estimates on the chance that each scenario will happen. Due to the short-term nature of all the negative factors, my own guess is biased to the high-ground, fundamental picture of TSMC. Using a 30% low-ground/70% high-ground guess, the resulting TSMC future share price may be relatively flat in 2021 but will take off to $170 by the end of 2022 (Table 1).</p>\n<p><b>Takeaways</b></p>\n<p>Being the largest player in a critically important space, TSMC is at the choke point that gives the company an advantage to benefit from the rigidity of capacity expansion to meet demand surge (high ground). It appears that TSMC share price has already priced in this advantage. But like all other tech stocks, TSM has not priced in the rising yields, fading WFH demand, high valuation, and future competitors’ challenges (low ground).</p>\n<p>If considering both the high ground and low ground cases, TSM is reasonably valued at the current $110’s level. But share price is expected to have moderate upside for 2021. The real excitement will be in 2022 when the negative low-ground factors are out of the system. TSM may reach $170 by 2022.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Taiwan Semiconductor: High Ground Versus Low Ground</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; 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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\">\nTaiwan Semiconductor: High Ground Versus Low Ground\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 23:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4415213-taiwan-semiconductor-stock-high-ground-versus-low-ground><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTaiwan Semiconductor Manufacturing Co., or TSMC, is at a \"choke point\" in the semiconductor supply chain, where the company can benefit from the rigidity of industry capacity expansion to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4415213-taiwan-semiconductor-stock-high-ground-versus-low-ground\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"https://seekingalpha.com/article/4415213-taiwan-semiconductor-stock-high-ground-versus-low-ground","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1155582622","content_text":"Summary\n\nTaiwan Semiconductor Manufacturing Co., or TSMC, is at a \"choke point\" in the semiconductor supply chain, where the company can benefit from the rigidity of industry capacity expansion to meet demand surge.\nTSMC’s high-ground scenario includes possessing (1) the most advanced high-end technology, (2) the largest and still rising market share, and (3) 15% annual revenue growth from $28 billion capex.\nTSMC’s future low-ground scenario includes (1) declining utilization rates due to fading WFH demand, (2) USD depreciations cutting into EPS, and (3) $28 billion capex cutting into future dividend payments.\nIf considering both the high-ground and low-ground cases, TSM is reasonably valued at the current $110’s level with a moderate upside for 2021.\nThe real excitement is that TSM may reach $170 by 2022.\n\nPhoto by Sundry Photography/iStock Editorial via Getty Images\nIt is hardly an exaggeration to call Taiwan Semiconductor Manufacturing Company(NYSE:TSM)(“TSMC”) the most important company in the world. At the very least, Taiwanese call TSMC their “Protecting Taiwan God Mountain.” Considering it is practically the “choke point” of the $470 billion global semiconductor industry, TSMC is also “potentially the most single point of failure in the semiconductor value chain,”said Jan-Peter Kleinhans, Director of the technology and geopolitics project at Berlin-based think tank,Stiftung Neue Verantwortung.\nTSMC processes the most advanced foundry technology and the largest market share (54%) in a capacity-constrained industry. Obviously, both the company and the stock have benefited significantly from the limitation of capacity expansion to meet the surging demand. In 2020, TSMC’s revenue has grown 25%, while the stock went up over 90%. It appears that their stock has looked beyond the recent financial performance.\nFor that purpose, in this post, I described TSMC's future with a best-case and a worst-case scenario, respectively. TSMC's high-ground is that the structural growth drivers should remain intact if the company can retain the technological advances to create a wider chip platform to support the long-term growth of AI and HPC. Short-term demand should stay strong due to the global chip shortage and possible Intel outsourcing. However, TSMC should also expect the low-ground cases that are mainly from the decreasing utilization rate, weakening USD, higher capital expenditure diluting future dividend payments, the market-wide rising yield effect, and valuation correction. I also mapped out the path of TSMC future share price movements under each scenario. Given a higher likelihood for the high-ground case, TSMC may have a 20% upside in the next 12 months and a 70% upside in the next 24 months.\nTSMC’s High Ground\nThe best-case scenario assumes that TSMC will retain most of the following favorable factors which have contributed to TSMC’s 2020 gain:\nMost advanced high-end technology supports TSMC’s long-term structural growth.Compared amongst peers, TSMC is easily the leader in the arcane Extreme Ultra Violet (ELV) process, where it has half the world’s installed base and 60% of its production.By 2020, TSMC has delivered over 1 billion 7 nm chips, while Intel(NASDAQ:INTC)is still struggling to master its 7nm process. TSMC’s 5nm chips has lower defect rates than it did at this point in its 7nm development. It is already ramping up for 3 nm production by the end of 2022 and has begun working on the 2 nm process(see figure below). The lead in technology is the basis for the structural growth drivers which should remain intact in the next few years, with TSMC being the key enabler of this AI/HPC revolution.\n\nThe market share hits 54% and expects to rise.After reporting record revenue in 2020 based on demand for 5G smartphones, notebooks for teleworking and high-performance computers, TSMC reached a commanding 54% market share with the next competitor, Samsung Electronics(OTC:SSNLF)at a distant 18%. It is expected that TSMC’s market share dominance may continue as Apple(NASDAQ:AAPL)remains TSMC’s major customer and will give the Taiwanese firm more business for chips made with its most advanced technology.\nShort-term demand remains robust in the logic semi space.Thanks to WFH-induced global chip shortage,full utilization nearly across all process nodes (especially tight at 7nm, 40nm and 8\") with continued 28nm utilization improvement. The better-than-expected crypto miner ASIC demand helping to fill the gap of 5nm capacity slack due to iPhone order cuts and Apple seasonality.\nTSMC should see more corroboration of growth momentum in HPC, potential Intel CPU orders at 3nm, faster growth in AMD CPU, and Nvidia’s(NASDAQ:NVDA)AI accelerators. Intel outsourcing, if executed, is estimated to add 1% to TSMC’s revenue (Mizuho).\nThe $28 billion capex spending reflects management's confidence about advanced node chips' long-term demand strength and possible 15% compound annual revenue growth in the next 2-3 years.\nTSMC’s Low Ground\nThe low-ground case would include several negative factors on the horizon that the high-ground case does not consider:\nDecreasing utilization rate results from fading WFH demand.TSMC has operated at full capacity for a while; however, weaker-than-expected demand and macro conditions may lead to downside risk for utilization rate forecasts.It is estimated that every 1% decline in the utilization rate could result in 4%-5% downside to the 2021-2022 EPS estimates.\nMedium-term inventory correction is inevitable.Inventory correction from a fading WFH demand is expected in 2H21. Logic semi inventory restocking has lasted for 6-7 quarters by 1Q21. While near-term demand indicators remain solid in the logic semi space, it is likely that there will be some inventory correction after 2022, as suggested by the analyst forecasts (Figure 2). However, JP Morgan predicts that end demand drivers for TSMC are likely to become more structural rather than cyclical in the future, with revenues from HPC likely to crossover those from smartphones by 2023. Consequently, TSMC could fare better during logic semi down cycle and recover faster from the trough vs other tier-2 Foundries (JP Morgan).\n\nAverage selling price (ASP) may go down.TSMC has benefited from a 6% increase in ASP in 2021/22. However, the advantage has been reduced due to pricing competition from Samsung.Mizuho estimated that every 1% fall in ASP could result in 2%-3% downside for our EPS estimates for 2021-22.\nWeakening USD (Strengthening TWD) cuts into EPS.Approximately 99% of TSMC’s sales are denominated in US dollars, but only 15% of its Cost of Goods Sold is in US dollars. Thus, TWD appreciation impacts the company’s gross margin. Based on Mizuho’s estimate,every 1% TWD appreciation could lead to 1%-2% downside to EPS estimates for 2021-22.\n$28 billion Capex may dilute dividend payment. Taiwan Semiconductor's 1Q guidance of 23% year-over-year revenue growth indicates stronger sales of computing processors and automotive chips may offset the seasonality of smartphone chips. The $28 billion full-year capital budget may cut into the company's free cash flow and lead to greater volatility in the dividend.\nFrom Future Financials to Future Stock Prices\nAfter the high-ground and low-ground scenarios are developed, I will explain how to convert forecast financials into future stock prices: If a stock is priced based on its forecast financials at each point in time, I should first find those financial metrics which have traditionally affected the stock prices. A historical relationship between the historical stock prices and these financial metrics is first identified (multiple regression method). Then, the current forecast of these financial metrics at different future time point can be used to generate the future stock price targets. Historically, TSMC's stock prices are known to react to consensus forecasts of revenue, EPS, gross margin, capital expenditure, and free cash flow or dividend, e.g., the relationships in Figures 1A-1B.\n\nKeep in mind that although I used historical data to estimate a historical relationship, it is still a forward-looking process. This is because, at any point in time in history, TSMC's price is estimated by the forward estimates of the five financial metrics at that time. The only assumption I made is that investors used the same (forward-looking) valuation structure to price stocks consistently. Using the relationship and the analysts' next 10-quarter estimates of the five metrics, I was able to compute the future stock prices corresponding to those forward financials.\nHigh-Ground vs. Low-Ground Share Prices\nFor high-ground scenario, I used the normal relationship which assumes TSMC stock price is determined by forecast quarterly revenue, EPS, capital expenditure, and dividend estimates. For low-ground scenario, I included additional negative factors of expected 10-year Treasury yield up moves (from futures contracts), the future USD depreciation (from futures contracts), the forecast higher inventory, and forecast distant revenue growth rates (for lower utilization rates).\n\nIn Figure 2, I showed the high-ground prices in red, the low-ground prices in green and the actual TSMC price in black. Of course, after Q1 2021, only predicted prices are available. If you can go along with my approach, Figure 3 becomes quite telling. First of all, up till today, both predicted prices seem to map the actual stock price quite closely, the tight relationship implicitly validate the power of the models. It is also expected both scenarios behaved very similarly because all the additional (negative) factors included in the low-ground case are more relevant in the next few quarters. This is why the high-ground price explains the realty better until today, as both actual and high-ground prices are around $118 at Q1 2021, while low-ground price is at $81.\n\nIt is more important to see how the future share price plays out under each scenario. Table 1 indicates that the high-ground prices consistently trade at a $40 premium over the low-ground price and eventually to over $80 premium by Q4 2022. Of course, you can assign your own estimates on the chance that each scenario will happen. Due to the short-term nature of all the negative factors, my own guess is biased to the high-ground, fundamental picture of TSMC. Using a 30% low-ground/70% high-ground guess, the resulting TSMC future share price may be relatively flat in 2021 but will take off to $170 by the end of 2022 (Table 1).\nTakeaways\nBeing the largest player in a critically important space, TSMC is at the choke point that gives the company an advantage to benefit from the rigidity of capacity expansion to meet demand surge (high ground). It appears that TSMC share price has already priced in this advantage. But like all other tech stocks, TSM has not priced in the rising yields, fading WFH demand, high valuation, and future competitors’ challenges (low ground).\nIf considering both the high ground and low ground cases, TSM is reasonably valued at the current $110’s level. But share price is expected to have moderate upside for 2021. The real excitement will be in 2022 when the negative low-ground factors are out of the system. TSM may reach $170 by 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325080570,"gmtCreate":1615851153290,"gmtModify":1704787375989,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"words of a big fish can cause tidal waves","listText":"words of a big fish can cause tidal waves","text":"words of a big fish can cause tidal waves","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325080570","repostId":"1170973847","repostType":4,"repost":{"id":"1170973847","pubTimestamp":1615823072,"share":"https://ttm.financial/m/news/1170973847?lang=&edition=fundamental","pubTime":"2021-03-15 23:44","market":"us","language":"en","title":"Cathie Wood and ARK Invest see record volumes traded in ETFs","url":"https://stock-news.laohu8.com/highlight/detail?id=1170973847","media":"seekingalpha","summary":"Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded f","content":"<p>Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded funds.</p>\n<p>The five exchange traded funds ARKK, ARKQ, ARKW, ARKG, and ARKF have seen nearly $150b in volume this year. This amount is almost double what was traded in 2020 and nearly 25X what was traded in 2019.</p>\n<p>ARK Innovation ETF(NYSEARCA:ARKK)&nbsp;which closed&nbsp;+3.28%&nbsp;last week is&nbsp;+1.29%&nbsp;today and has turned over $78.262b in traded value so far in 2021.</p>\n<p>Autonomous Technology &amp; Robotics ETF(BATS:ARKQ)&nbsp;which closed&nbsp;+7.56%&nbsp;last week is&nbsp;+1.23%&nbsp;today and has turned over&nbsp;$8.241b&nbsp;in traded value so far in 2021.</p>\n<p>Next Generation Internet ETF&nbsp;(NYSEARCA:ARKW)&nbsp;which closed&nbsp;+8.49%&nbsp;last week is&nbsp;+1.36%&nbsp;today and has turned over&nbsp;$17.615b&nbsp;in traded value so far in 2021.</p>\n<p>Genomic Revolution ETF&nbsp;(BATS:ARKG)&nbsp;which closed&nbsp;+8.59%&nbsp;last week is&nbsp;+1.44%&nbsp;today and has turned over&nbsp;$31.428b&nbsp;in traded value so far in 2021.</p>\n<p>Fintech Innovation ETF&nbsp;(NYSEARCA:ARKF)&nbsp;which closed&nbsp;+7.49%&nbsp;last week is&nbsp;+0.70%&nbsp;today and has turned over&nbsp;$10.501b&nbsp;in traded value so far in 2021.</p>\n<li><p>Cathie Wood and Ark Invest have seen recordinflowsandoutflowsbut one thing that remains consistent is the record volumes investors have seen with the five actively managed ETFs.</p></li>\n<li><p>Cathie Wood and her innovative ETFs have been sensitive to rising bond yields as technology stocks have suffered the most in recent days.</p></li>","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>Cathie Wood and ARK Invest see record volumes traded in ETFs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood and ARK Invest see record volumes traded in ETFs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 23:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3672689-cathie-wood-and-ark-invest-see-record-volumes-traded-in-etfs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded funds.\nThe five exchange traded funds ARKK, ARKQ, ARKW, ARKG, and ARKF have seen nearly $150b in ...</p>\n\n<a href=\"https://seekingalpha.com/news/3672689-cathie-wood-and-ark-invest-see-record-volumes-traded-in-etfs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKF":"ARK Fintech Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKG":"ARK Genomic Revolution ETF"},"source_url":"https://seekingalpha.com/news/3672689-cathie-wood-and-ark-invest-see-record-volumes-traded-in-etfs","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1170973847","content_text":"Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded funds.\nThe five exchange traded funds ARKK, ARKQ, ARKW, ARKG, and ARKF have seen nearly $150b in volume this year. This amount is almost double what was traded in 2020 and nearly 25X what was traded in 2019.\nARK Innovation ETF(NYSEARCA:ARKK) which closed +3.28% last week is +1.29% today and has turned over $78.262b in traded value so far in 2021.\nAutonomous Technology & Robotics ETF(BATS:ARKQ) which closed +7.56% last week is +1.23% today and has turned over $8.241b in traded value so far in 2021.\nNext Generation Internet ETF (NYSEARCA:ARKW) which closed +8.49% last week is +1.36% today and has turned over $17.615b in traded value so far in 2021.\nGenomic Revolution ETF (BATS:ARKG) which closed +8.59% last week is +1.44% today and has turned over $31.428b in traded value so far in 2021.\nFintech Innovation ETF (NYSEARCA:ARKF) which closed +7.49% last week is +0.70% today and has turned over $10.501b in traded value so far in 2021.\nCathie Wood and Ark Invest have seen recordinflowsandoutflowsbut one thing that remains consistent is the record volumes investors have seen with the five actively managed ETFs.\nCathie Wood and her innovative ETFs have been sensitive to rising bond yields as technology stocks have suffered the most in recent days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322123332,"gmtCreate":1615784809226,"gmtModify":1704786449610,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"buy when down.","listText":"buy when down.","text":"buy when down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/322123332","repostId":"2119998286","repostType":4,"repost":{"id":"2119998286","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":1615774178,"share":"https://ttm.financial/m/news/2119998286?lang=&edition=fundamental","pubTime":"2021-03-15 10:09","market":"us","language":"en","title":"Is Now The Time To Buy Stock In Boeing, AMC, Alibaba Or American Airlines?","url":"https://stock-news.laohu8.com/highlight/detail?id=2119998286","media":"Benzinga","summary":"One of the most common questions traders have about stocks is “Why Is It Moving?”\nThat’s why Benzing","content":"<p><img src=\"https://static.tigerbbs.com/b32b47ab4900160fef8825195b2f2bad\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>One of the most common questions traders have about stocks is “Why Is It Moving?”</p>\n<p>That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a <a href=\"https://laohu8.com/S/AONE\">one</a>-sentence description as to why that stock is moving.</p>\n<p>Here’s the latest news and updates for Boeing, AMC, Alibaba and airline stocks.</p>\n<p><b>Boeing Co</b> (NYSE: BA) shares were trading higher Friday on reports that 777 Partners purchased 24 737 MAX airplanes. The stock may also be gaining amid reopening optimism, which has been a positive catalyst for air travel stocks.</p>\n<p><b>AMC Entertainment Holdings Inc</b> (NYSE: AMC) shares were trading higher Friday after the company in its 10-K said it estimates it can fund operations to satisfy rent and capital expenditure obligations.</p>\n<p>According to a press release issued by AMC in Friday's after-hours session, two of its flagship locations in Los Angeles, AMC Burbank 16 and AMC Century City 15, will reopen on Monday afternoon, March 15.</p>\n<p>AMC is planning to open all its remaining 23 movie theaters in Los Angeles County beginning on March 19.</p>\n<p><b>Alibaba Group Holding Ltd - ADR</b> (NYSE: BABA) shares were trading lower Friday amid reports that the CEO of affiliate Ant Group is resigning. Chinese stocks overall were lower for the session, potentially amid valuation concerns and a rise in US bond yields.</p>\n<p>Traders and investors in airline stocks like <b>American Airlines Group Inc</b> (NASDAQ: AAL), <b>United Airlines Holdings Inc</b> (NASDAQ: AAL) and <b>Delta Air Lines, Inc.</b> (NYSE: DAL)&nbsp;should note a milestone noted in data from the Transportation Security Administration&nbsp;yesterday. According to the TSA, 1.357 million airport passengers were screened Friday, the highest number of passengers screened since&nbsp;March 15, 2020, as COVID-19 lockdowns took hold across the country.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Now The Time To Buy Stock In Boeing, AMC, Alibaba Or American Airlines?</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\">\nIs Now The Time To Buy Stock In Boeing, AMC, Alibaba Or American Airlines?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-15 10:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/b32b47ab4900160fef8825195b2f2bad\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p>\n<p>One of the most common questions traders have about stocks is “Why Is It Moving?”</p>\n<p>That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a <a href=\"https://laohu8.com/S/AONE\">one</a>-sentence description as to why that stock is moving.</p>\n<p>Here’s the latest news and updates for Boeing, AMC, Alibaba and airline stocks.</p>\n<p><b>Boeing Co</b> (NYSE: BA) shares were trading higher Friday on reports that 777 Partners purchased 24 737 MAX airplanes. The stock may also be gaining amid reopening optimism, which has been a positive catalyst for air travel stocks.</p>\n<p><b>AMC Entertainment Holdings Inc</b> (NYSE: AMC) shares were trading higher Friday after the company in its 10-K said it estimates it can fund operations to satisfy rent and capital expenditure obligations.</p>\n<p>According to a press release issued by AMC in Friday's after-hours session, two of its flagship locations in Los Angeles, AMC Burbank 16 and AMC Century City 15, will reopen on Monday afternoon, March 15.</p>\n<p>AMC is planning to open all its remaining 23 movie theaters in Los Angeles County beginning on March 19.</p>\n<p><b>Alibaba Group Holding Ltd - ADR</b> (NYSE: BABA) shares were trading lower Friday amid reports that the CEO of affiliate Ant Group is resigning. Chinese stocks overall were lower for the session, potentially amid valuation concerns and a rise in US bond yields.</p>\n<p>Traders and investors in airline stocks like <b>American Airlines Group Inc</b> (NASDAQ: AAL), <b>United Airlines Holdings Inc</b> (NASDAQ: AAL) and <b>Delta Air Lines, Inc.</b> (NYSE: DAL)&nbsp;should note a milestone noted in data from the Transportation Security Administration&nbsp;yesterday. According to the TSA, 1.357 million airport passengers were screened Friday, the highest number of passengers screened since&nbsp;March 15, 2020, as COVID-19 lockdowns took hold across the country.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","AAL":"美国航空","QNETCN":"纳斯达克中美互联网老虎指数","AMC":"AMC院线","BA":"波音","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2119998286","content_text":"One of the most common questions traders have about stocks is “Why Is It Moving?”\nThat’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.\nHere’s the latest news and updates for Boeing, AMC, Alibaba and airline stocks.\nBoeing Co (NYSE: BA) shares were trading higher Friday on reports that 777 Partners purchased 24 737 MAX airplanes. The stock may also be gaining amid reopening optimism, which has been a positive catalyst for air travel stocks.\nAMC Entertainment Holdings Inc (NYSE: AMC) shares were trading higher Friday after the company in its 10-K said it estimates it can fund operations to satisfy rent and capital expenditure obligations.\nAccording to a press release issued by AMC in Friday's after-hours session, two of its flagship locations in Los Angeles, AMC Burbank 16 and AMC Century City 15, will reopen on Monday afternoon, March 15.\nAMC is planning to open all its remaining 23 movie theaters in Los Angeles County beginning on March 19.\nAlibaba Group Holding Ltd - ADR (NYSE: BABA) shares were trading lower Friday amid reports that the CEO of affiliate Ant Group is resigning. Chinese stocks overall were lower for the session, potentially amid valuation concerns and a rise in US bond yields.\nTraders and investors in airline stocks like American Airlines Group Inc (NASDAQ: AAL), United Airlines Holdings Inc (NASDAQ: AAL) and Delta Air Lines, Inc. (NYSE: DAL) should note a milestone noted in data from the Transportation Security Administration yesterday. According to the TSA, 1.357 million airport passengers were screened Friday, the highest number of passengers screened since March 15, 2020, as COVID-19 lockdowns took hold across the country.","news_type":1},"isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323506868,"gmtCreate":1615351256854,"gmtModify":1704781535243,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"target price 1000？","listText":"target price 1000？","text":"target price 1000？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/323506868","repostId":"1184559726","repostType":2,"repost":{"id":"1184559726","pubTimestamp":1615345850,"share":"https://ttm.financial/m/news/1184559726?lang=&edition=fundamental","pubTime":"2021-03-10 11:10","market":"us","language":"en","title":"Why Tesla Stock Skyrocketed Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1184559726","media":"Motley Fool","summary":"What happenedShares of Tesla surged on Tuesday, as the electric vehicle maker's stock price rebounde","content":"<p><b>What happened</b></p><p>Shares of&nbsp;<b>Tesla</b>&nbsp;surged on Tuesday, as the electric vehicle maker's stock price rebounded sharply from its recent lows.</p><p>As of 11:25 a.m. EST, Tesla's stock was up more than 12%.</p><p><b>So what</b></p><p>Following positive developments on the COVID-19 vaccine front,investorshave rotated out of high-priced growth stocks that have performed well during the coronavirus crisis and into more bargain-priced stocks that could benefit from a post-pandemic economic recovery. Tesla was caught up in this rotation. After climbing to a record high of $900.40 on Jan. 25, Tesla lost more than a third of its value by March 8.</p><p>Some forward-thinking investors, however, believe the sell-off was overdone. For one, Ark Investment Management founder and CEO Cathie Wood, who oversees the popular<b>ARK Innovation ETF</b>(NYSEMKT:ARKK), has used the downturn to scoop up more Tesla shares at a significant discount to their recent highs.</p><p><b>Now what</b></p><p>New Street analyst Pierre Ferragu also thinks now is a good time to buy Tesla's shares. He raised his rating on Tesla's stock from neutral to buy on Tuesday. Ferragu sees Tesla's stock price climbing to $900 as it ramps up its manufacturing capacity and quadruples deliveries of its popular electric vehicles over the next three years.</p><p>Wedbush analyst Daniel Ives, meanwhile, said today that he believes Tesla's stock price could reach as high as $950. Ives highlighted the EV leader's strong sales in China, which rose 18% sequentially in February to 18,318 vehicles. His price target represents potential gains to investors of roughly 50% from Tesla's current share price near $630.</p><p><img src=\"https://static.tigerbbs.com/597a235a735279d786dddd35c6f0b00c\" tg-width=\"1051\" tg-height=\"498\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Skyrocketed Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tesla Stock Skyrocketed Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 11:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/09/why-tesla-stock-skyrocketed-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Tesla surged on Tuesday, as the electric vehicle maker's stock price rebounded sharply from its recent lows.As of 11:25 a.m. EST, Tesla's stock was up more than 12%.So ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/09/why-tesla-stock-skyrocketed-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/03/09/why-tesla-stock-skyrocketed-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184559726","content_text":"What happenedShares of Tesla surged on Tuesday, as the electric vehicle maker's stock price rebounded sharply from its recent lows.As of 11:25 a.m. EST, Tesla's stock was up more than 12%.So whatFollowing positive developments on the COVID-19 vaccine front,investorshave rotated out of high-priced growth stocks that have performed well during the coronavirus crisis and into more bargain-priced stocks that could benefit from a post-pandemic economic recovery. Tesla was caught up in this rotation. After climbing to a record high of $900.40 on Jan. 25, Tesla lost more than a third of its value by March 8.Some forward-thinking investors, however, believe the sell-off was overdone. For one, Ark Investment Management founder and CEO Cathie Wood, who oversees the popularARK Innovation ETF(NYSEMKT:ARKK), has used the downturn to scoop up more Tesla shares at a significant discount to their recent highs.Now whatNew Street analyst Pierre Ferragu also thinks now is a good time to buy Tesla's shares. He raised his rating on Tesla's stock from neutral to buy on Tuesday. Ferragu sees Tesla's stock price climbing to $900 as it ramps up its manufacturing capacity and quadruples deliveries of its popular electric vehicles over the next three years.Wedbush analyst Daniel Ives, meanwhile, said today that he believes Tesla's stock price could reach as high as $950. Ives highlighted the EV leader's strong sales in China, which rose 18% sequentially in February to 18,318 vehicles. His price target represents potential gains to investors of roughly 50% from Tesla's current share price near $630.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358088122,"gmtCreate":1616640640766,"gmtModify":1704796790580,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"competition rising....","listText":"competition rising....","text":"competition rising....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358088122","repostId":"1123019252","repostType":4,"repost":{"id":"1123019252","pubTimestamp":1616639768,"share":"https://ttm.financial/m/news/1123019252?lang=&edition=fundamental","pubTime":"2021-03-25 10:36","market":"us","language":"en","title":"Why NIO Stock Is Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1123019252","media":"fool","summary":"Shares of Chinese electric-vehicle makerNIOwere trading lower on Wednesday, amid broad market turbulence affecting shares of manyelectric vehicle makersand other emerging technology companies.There was no major news driving NIO's shares lower -- or major news of any kind that was directly related to NIO or its stock. The company did share some minor news, but it seems positive: As of 3:16 a.m. local time, a NIO battery-swap station in Suzhou  completed the company's 2 millionth battery swap.NIO ","content":"<p>What happened</p>\n<p>Shares of Chinese electric-vehicle maker<b>NIO</b>were trading lower on Wednesday, amid broad market turbulence affecting shares of manyelectric vehicle makersand other emerging technology companies.</p>\n<p>So what</p>\n<p>There was no major news driving NIO's shares lower -- or major news of any kind that was directly related to NIO or its stock. The company did share some minor news, but it seems positive: As of 3:16 a.m. local time, a NIO battery-swap station in Suzhou (just west of Shanghai) completed the company's 2 millionth battery swap.</p>\n<p>NIO said that its network of over 200 battery-swap stations -- which automatically swap a NIO's battery pack for a fully charged one -- now complete a swap about once every 10 seconds, on average.</p>\n<p>It's not huge news, and it's certainly not what's moving the stock today. But now you know.</p>\n<p>Now what</p>\n<p>That seconds-between-battery-swaps number could well fall over the next several months, as NIO begins deploying its new \"second-generation\" battery-swap stations. The new stations can store more battery packs and complete swaps more quickly than the current units, and theycost less to build, NIO said earlier this month.</p>\n<p>NIO confirmed on Wednesday that it expects the first of those second-generation stations to be up and running in mid-April.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why NIO Stock Is Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy NIO Stock Is Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/24/why-nio-stock-is-down-today/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of Chinese electric-vehicle makerNIOwere trading lower on Wednesday, amid broad market turbulence affecting shares of manyelectric vehicle makersand other emerging technology ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/24/why-nio-stock-is-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a3b92523152bd36c422721756606e549","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.fool.com/investing/2021/03/24/why-nio-stock-is-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123019252","content_text":"What happened\nShares of Chinese electric-vehicle makerNIOwere trading lower on Wednesday, amid broad market turbulence affecting shares of manyelectric vehicle makersand other emerging technology companies.\nSo what\nThere was no major news driving NIO's shares lower -- or major news of any kind that was directly related to NIO or its stock. The company did share some minor news, but it seems positive: As of 3:16 a.m. local time, a NIO battery-swap station in Suzhou (just west of Shanghai) completed the company's 2 millionth battery swap.\nNIO said that its network of over 200 battery-swap stations -- which automatically swap a NIO's battery pack for a fully charged one -- now complete a swap about once every 10 seconds, on average.\nIt's not huge news, and it's certainly not what's moving the stock today. But now you know.\nNow what\nThat seconds-between-battery-swaps number could well fall over the next several months, as NIO begins deploying its new \"second-generation\" battery-swap stations. The new stations can store more battery packs and complete swaps more quickly than the current units, and theycost less to build, NIO said earlier this month.\nNIO confirmed on Wednesday that it expects the first of those second-generation stations to be up and running in mid-April.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323200629,"gmtCreate":1615341516961,"gmtModify":1704781388768,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"tech companies is pushing up the indexes.","listText":"tech companies is pushing up the indexes.","text":"tech companies is pushing up the indexes.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323200629","repostId":"1102807948","repostType":4,"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322123977,"gmtCreate":1615784785699,"gmtModify":1704786449441,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"new competitor.","listText":"new competitor.","text":"new competitor.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322123977","repostId":"1141300773","repostType":4,"repost":{"id":"1141300773","pubTimestamp":1615777101,"share":"https://ttm.financial/m/news/1141300773?lang=&edition=fundamental","pubTime":"2021-03-15 10:58","market":"us","language":"en","title":"Disney: What Is Disney+ Really Worth To Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=1141300773","media":"seekingalpha","summary":"In the past 16 months, Disney+ has gained 100 million subscribers.The market has generally viewed Disney+ as a major needle mover for the company overall.My goal is to find out how much value can Disney+ add for current shareholders.Disney+ has been a major catalyst for The Walt Disney Company  since it was first announced in April of 2019. The company was clearly making a strong pitch for getting content directly to consumers through the use of streaming services. Ever since the company had acq","content":"<p><b>Summary</b></p>\n<ul>\n <li>In the past 16 months, Disney+ has gained 100 million subscribers.</li>\n <li>The market has generally viewed Disney+ as a major needle mover for the company overall.</li>\n <li>My goal is to find out how much value can Disney+ add for current shareholders.</li>\n</ul>\n<p><b>Introduction</b></p>\n<p>Disney+ has been a major catalyst for The Walt Disney Company (DIS) since it was first announced in April of 2019. The company was clearly making a strong pitch for getting content directly to consumers through the use of streaming services. Ever since the company had acquired Bamtech in 2017, the plan was clearly to leverage this technology to change the way consumers view their content. With a huge library of content already available to the company, the only obstacle was getting the content distributed.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbdead1e1d98934dccef59fe49bc1246\" tg-width=\"1280\" tg-height=\"853\"><span>Source: Company</span></p>\n<p>I have a been a shareholder since the middle of 2018 and have a cost basis of $100 per share and my question is how much value is Disney+ actually adding? I am at a point of trying to figure out if the excitement around Disney+ and its incredible subscriber growth is worth the premium that the stock is currently trading at. For me, the idea of locking in a 100% return in three years would be great as this is one of the first stocks I invested in. What I want to do is try to look at Disney+ on its own and see what value I can come up for the service to see if I should continue to hold the stock long term or if I should lock in my gains and move on to other opportunities. As a disclaimer, this is purely my valuation and where I see the service going. As such, your valuation will probably differ depending on how you view a few of the assumptions I had to make. Unfortunately, the company does not break out the operating cost of Disney+, but there are some clues as to what the operating margins are, and as such, I will be pulling together what I believe are the operating margins for the service.</p>\n<p><b>What Are The Costs Of Disney+?</b></p>\n<p>The first thing I needed to find out was what were the operating expenses for Disney+? In Disney's most recent&nbsp;10-Q, they do break out what the cost are for their DTC (Direct-to-Consumer) segment, but while this includes Disney+ expenses, it also includes the expenses of ESPN+ and Hulu. So, in going through the line items of the expense side of the income statement and deciphering the footnotes, we can come to a reasonable operating income for Disney+. If you see below, the DTC segment is still operating at a loss, but these losses are starting to deteriorate and may soon become a profitable segment for Disney in the near future.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc30a144042eaefbed0c83e9765c5d70\" tg-width=\"640\" tg-height=\"250\"><span>(Source: Disney 2021 Q1 10-Q)</span></p>\n<p>You can see for the quarter, the overall operating expenses come in at $2,921 million, SG&amp;A at $970 million and Depreciation and amortization at $79 million. From here, we will have to go the footnotes in order to see if we can extrapolate Disney+'s overall operating cost.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d110655bf2e940dec8116ebe66f9e9d4\" tg-width=\"640\" tg-height=\"401\"><span>(Source: Disney 2021 Q1 10-Q)</span></p>\n<p>We can see that in December of 2019, overall expenses here were $2,343 billion and in January of 2021, expenses were $2,921 million. This can be a good starting point and offer an idea of what it cost per quarter to run Disney+. This of course is an approximation because Disney+ was launched in November of 2019, so our base quarter does have some of those expenses rolled into it, but I believe it is minimal due to the fact that there is only one month of data rolled into these expenses. I should note that some of these expense increases were due to Disney's 67% ownership in Hulu and as such most likely did contribute as well to the overall operating expenses. Since we don't really know for sure what the split is between Hulu and Disney+, we will assume that all of the increase was due to Disney+ (call it a margin of safety if you will). So, given that fact we can assume that per quarter it cost about $578 million or $2,312 million a year for operating expenses. For SG&amp;A, it looks like we can safely assume about a $238 million per quarter increase attributable solely to marketing for Disney+, which works out to be about $952 million for the year. Depreciation and amortization is also tied almost directly to Disney+ at about $19 million per quarter of, $76 million for the year. You can see below that the total expenses for running Disney plus come out to be about $3,186 million per year.</p>\n<p><img src=\"https://static.tigerbbs.com/73b127864cd5486905755e3e9e44bbed\" tg-width=\"815\" tg-height=\"320\"></p>\n<p><b>What Will Revenues Be?</b></p>\n<p>This is where we have to make our biggest assumptions on what revenues will look like for Disney+. The growth in subscribers has even surprised Disney executives, with&nbsp;over 50% of subscribers being households without kids,making the value appeal for subscribers even broader. As of March 9th of 2021, total subscribers for the service&nbsp;topped 100 million, which blew past Disney's initial estimates and they have now revised their estimates to reflect between 230 and 260 million subscribers by 2024. While it will be hard to tell how realistic this goal is, the service certainly has the momentum to justify the overall growth given the potential international reach. What will be interesting to watch for is the average revenue per user (ARPU) and how that will grow as time goes on. You can see that so far for Disney+, ARPU has declined from about $5.56 to $4.03. According to the most recent 10-Q, the decline is attributable to the launch of Disney+ Hotstar service launched in India and Indonesia.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d8d515e5a68c0cb68e17984492298aa4\" tg-width=\"640\" tg-height=\"156\"><span>(Source: Disney 2021 Q1 10-Q)</span></p>\n<p>As it stands with 100 million subscribers and an ARPU of $4.03, revenues so far would fall at $403 million per month or $4,836 million per year. If we assume that for this year that subscribers will grow about 6 million per month for the next nine months and an ARPU of $4 for the year we would come to 154 million subscribers and $7,392 million in revenue which we will us for our base case in our valuation of Disney+.</p>\n<p><img src=\"https://static.tigerbbs.com/cdade273a773d9de241df796dbcf680c\" tg-width=\"817\" tg-height=\"272\"></p>\n<p><b>Valuing Disney+</b></p>\n<p>One of the biggest challenges with valuation is making the assumptions in growth over a long period of time. My usual method for valuing any business is by taking a range of values of using a couple of scenarios that I believe are possible and this is how I will present my valuation. Both scenarios will assume that the high growth phase for Disney+ continues for at least the next five years and then begins to fade for the next five years. Each scenario will also assume that the number of subscribers begins at 154 million with $7,392 million in revenue based on $4 monthly ARPU and margins will begin at 34%. I have calculated Disney's overall cost of capital to be about 9.5% and this will be used in both scenarios.</p>\n<p><b>Scenario 1:</b></p>\n<p>In this scenario Disney+ will continue to grow at a high rate even after the first 5 years, although this pace will be slower than the first five years. The competition has a hard time keeping up and as such there is low churn and the platform has great sticking power, ARPU will continue to rise at a moderately high rate until it reaches about $16. As growth begins to slow, Disney will pull back on the growth marketing spend and transition to a more moderate amount of marketing to replace churn which will raise margins.</p>\n<p><img src=\"https://static.tigerbbs.com/f32924a0a6e113ef9d89fac4143d4b14\" tg-width=\"640\" tg-height=\"83\"><img src=\"https://static.tigerbbs.com/1dba93c03f1d4a4e745021aa3b1cc220\" tg-width=\"815\" tg-height=\"317\"></p>\n<p><b>Scenario 2:</b></p>\n<p>In this scenario, Disney+ growth in the first five years is slower than expected. The goal of between 230 to 240 takes a couple more years to achieve than expected and due to this lower growth ARPU does not rise nearly as fast in order to reduce churn and keep the value proposition intact. Margins will start to lower as more money is being spent to attract new subscribers and make more content. Disney+ in this instance faces more competition from other services and has to create more content which would result in some of this content being a flop.</p>\n<p><img src=\"https://static.tigerbbs.com/0aaed5ea9a63f499ddcb441b68b45994\" tg-width=\"640\" tg-height=\"82\"><img src=\"https://static.tigerbbs.com/72734aac549e172bfe59a411dcaeb81e\" tg-width=\"818\" tg-height=\"320\"></p>\n<p><b>Final Thoughts</b></p>\n<p>Based on both of my scenarios, the value of Disney+ has quite a large range. The potential for Disney+ landed in between $148 and $36 per share of added value. If you take the midpoint of these two extremes, you would land around $92 a share of added value. I will note the one item I did not include was what taxes will be in the future. I didn't model this just due to the uncertainties around future taxes and the fact that Disney may have incurred net operating losses due to the COVID-19 pandemic. Overall, this has been a helpful exercise in trying to determine what I should do going forward.</p>\n<p>With the majority of the stock price movement being attributed to Disney+, it looks like there may be justification to today's current price. That being said, the stock may be close to fully priced, especially given the current state of the rest of Disney's operating segments, most notably the Parks and Experiences segments. When I initially invested in Disney, the plan was to hold onto this stock forever, but the current valuation of Disney+ is certainly given me pause and I will need to rethink whether I should sell and move on to other opportunities. I still believe this is a great company with a long runway, but with the words of Warren Buffett in my ear, \"Price is what you pay, value is what you get\".</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disney: What Is Disney+ Really Worth To Shareholders</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\">\nDisney: What Is Disney+ Really Worth To Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 10:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4413801-what-is-disney-plus-really-worth-to-shareholders><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nIn the past 16 months, Disney+ has gained 100 million subscribers.\nThe market has generally viewed Disney+ as a major needle mover for the company overall.\nMy goal is to find out how much ...</p>\n\n<a href=\"https://seekingalpha.com/article/4413801-what-is-disney-plus-really-worth-to-shareholders\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/article/4413801-what-is-disney-plus-really-worth-to-shareholders","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1141300773","content_text":"Summary\n\nIn the past 16 months, Disney+ has gained 100 million subscribers.\nThe market has generally viewed Disney+ as a major needle mover for the company overall.\nMy goal is to find out how much value can Disney+ add for current shareholders.\n\nIntroduction\nDisney+ has been a major catalyst for The Walt Disney Company (DIS) since it was first announced in April of 2019. The company was clearly making a strong pitch for getting content directly to consumers through the use of streaming services. Ever since the company had acquired Bamtech in 2017, the plan was clearly to leverage this technology to change the way consumers view their content. With a huge library of content already available to the company, the only obstacle was getting the content distributed.\nSource: Company\nI have a been a shareholder since the middle of 2018 and have a cost basis of $100 per share and my question is how much value is Disney+ actually adding? I am at a point of trying to figure out if the excitement around Disney+ and its incredible subscriber growth is worth the premium that the stock is currently trading at. For me, the idea of locking in a 100% return in three years would be great as this is one of the first stocks I invested in. What I want to do is try to look at Disney+ on its own and see what value I can come up for the service to see if I should continue to hold the stock long term or if I should lock in my gains and move on to other opportunities. As a disclaimer, this is purely my valuation and where I see the service going. As such, your valuation will probably differ depending on how you view a few of the assumptions I had to make. Unfortunately, the company does not break out the operating cost of Disney+, but there are some clues as to what the operating margins are, and as such, I will be pulling together what I believe are the operating margins for the service.\nWhat Are The Costs Of Disney+?\nThe first thing I needed to find out was what were the operating expenses for Disney+? In Disney's most recent 10-Q, they do break out what the cost are for their DTC (Direct-to-Consumer) segment, but while this includes Disney+ expenses, it also includes the expenses of ESPN+ and Hulu. So, in going through the line items of the expense side of the income statement and deciphering the footnotes, we can come to a reasonable operating income for Disney+. If you see below, the DTC segment is still operating at a loss, but these losses are starting to deteriorate and may soon become a profitable segment for Disney in the near future.\n(Source: Disney 2021 Q1 10-Q)\nYou can see for the quarter, the overall operating expenses come in at $2,921 million, SG&A at $970 million and Depreciation and amortization at $79 million. From here, we will have to go the footnotes in order to see if we can extrapolate Disney+'s overall operating cost.\n(Source: Disney 2021 Q1 10-Q)\nWe can see that in December of 2019, overall expenses here were $2,343 billion and in January of 2021, expenses were $2,921 million. This can be a good starting point and offer an idea of what it cost per quarter to run Disney+. This of course is an approximation because Disney+ was launched in November of 2019, so our base quarter does have some of those expenses rolled into it, but I believe it is minimal due to the fact that there is only one month of data rolled into these expenses. I should note that some of these expense increases were due to Disney's 67% ownership in Hulu and as such most likely did contribute as well to the overall operating expenses. Since we don't really know for sure what the split is between Hulu and Disney+, we will assume that all of the increase was due to Disney+ (call it a margin of safety if you will). So, given that fact we can assume that per quarter it cost about $578 million or $2,312 million a year for operating expenses. For SG&A, it looks like we can safely assume about a $238 million per quarter increase attributable solely to marketing for Disney+, which works out to be about $952 million for the year. Depreciation and amortization is also tied almost directly to Disney+ at about $19 million per quarter of, $76 million for the year. You can see below that the total expenses for running Disney plus come out to be about $3,186 million per year.\n\nWhat Will Revenues Be?\nThis is where we have to make our biggest assumptions on what revenues will look like for Disney+. The growth in subscribers has even surprised Disney executives, with over 50% of subscribers being households without kids,making the value appeal for subscribers even broader. As of March 9th of 2021, total subscribers for the service topped 100 million, which blew past Disney's initial estimates and they have now revised their estimates to reflect between 230 and 260 million subscribers by 2024. While it will be hard to tell how realistic this goal is, the service certainly has the momentum to justify the overall growth given the potential international reach. What will be interesting to watch for is the average revenue per user (ARPU) and how that will grow as time goes on. You can see that so far for Disney+, ARPU has declined from about $5.56 to $4.03. According to the most recent 10-Q, the decline is attributable to the launch of Disney+ Hotstar service launched in India and Indonesia.\n(Source: Disney 2021 Q1 10-Q)\nAs it stands with 100 million subscribers and an ARPU of $4.03, revenues so far would fall at $403 million per month or $4,836 million per year. If we assume that for this year that subscribers will grow about 6 million per month for the next nine months and an ARPU of $4 for the year we would come to 154 million subscribers and $7,392 million in revenue which we will us for our base case in our valuation of Disney+.\n\nValuing Disney+\nOne of the biggest challenges with valuation is making the assumptions in growth over a long period of time. My usual method for valuing any business is by taking a range of values of using a couple of scenarios that I believe are possible and this is how I will present my valuation. Both scenarios will assume that the high growth phase for Disney+ continues for at least the next five years and then begins to fade for the next five years. Each scenario will also assume that the number of subscribers begins at 154 million with $7,392 million in revenue based on $4 monthly ARPU and margins will begin at 34%. I have calculated Disney's overall cost of capital to be about 9.5% and this will be used in both scenarios.\nScenario 1:\nIn this scenario Disney+ will continue to grow at a high rate even after the first 5 years, although this pace will be slower than the first five years. The competition has a hard time keeping up and as such there is low churn and the platform has great sticking power, ARPU will continue to rise at a moderately high rate until it reaches about $16. As growth begins to slow, Disney will pull back on the growth marketing spend and transition to a more moderate amount of marketing to replace churn which will raise margins.\n\nScenario 2:\nIn this scenario, Disney+ growth in the first five years is slower than expected. The goal of between 230 to 240 takes a couple more years to achieve than expected and due to this lower growth ARPU does not rise nearly as fast in order to reduce churn and keep the value proposition intact. Margins will start to lower as more money is being spent to attract new subscribers and make more content. Disney+ in this instance faces more competition from other services and has to create more content which would result in some of this content being a flop.\n\nFinal Thoughts\nBased on both of my scenarios, the value of Disney+ has quite a large range. The potential for Disney+ landed in between $148 and $36 per share of added value. If you take the midpoint of these two extremes, you would land around $92 a share of added value. I will note the one item I did not include was what taxes will be in the future. I didn't model this just due to the uncertainties around future taxes and the fact that Disney may have incurred net operating losses due to the COVID-19 pandemic. Overall, this has been a helpful exercise in trying to determine what I should do going forward.\nWith the majority of the stock price movement being attributed to Disney+, it looks like there may be justification to today's current price. That being said, the stock may be close to fully priced, especially given the current state of the rest of Disney's operating segments, most notably the Parks and Experiences segments. When I initially invested in Disney, the plan was to hold onto this stock forever, but the current valuation of Disney+ is certainly given me pause and I will need to rethink whether I should sell and move on to other opportunities. I still believe this is a great company with a long runway, but with the words of Warren Buffett in my ear, \"Price is what you pay, value is what you get\".","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322129542,"gmtCreate":1615784732486,"gmtModify":1704786448621,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"growth n value both should be in portfolio","listText":"growth n value both should be in portfolio","text":"growth n value both should be in portfolio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/322129542","repostId":"1133865277","repostType":4,"repost":{"id":"1133865277","pubTimestamp":1615775463,"share":"https://ttm.financial/m/news/1133865277?lang=&edition=fundamental","pubTime":"2021-03-15 10:31","market":"us","language":"en","title":"Value Managers Rejoice: What’s Next for Value vs. Growth Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1133865277","media":"Barrons","summary":"Monday, Feb. 22, was a great day for Ali Motamed, but a bad one for most investors. While the popula","content":"<p>Monday, Feb. 22, was a great day for Ali Motamed, but a bad one for most investors. While the popular, technology-driven Nasdaq 100 index fell 2.6% and the S&amp;P 500 index dropped 0.8%, Motamed’s&nbsp;Invenomic&nbsp;fund soared 5.8% because he was betting against the popular tech stocks and for the unpopular value ones.</p><p>That’s right—beaten-up value stocks arefinally winning. Both the Russell 2000 Value Index of the smallest, cheapest stocks and the Russell 1000 Value Index of the largest are beating their Russell growth counterparts by more than 10 percentage points this year. And this time, afternumerous head-fakes—including a one-day surge among tech stocks this week—the comeback seems for real.</p><p>“We still have among the biggest spreads in valuation between value and growth stocks that we’ve ever had,” says Motamed. That, plus the promise of fiscal stimulus, has driven up value stocks, which are generally weaker, more cyclical, or more economically sensitive than growth stocks. Consequently. Motamed’s value-oriented fund (ticker: BIVRX), is the No. 1 fund this year in Morningstar’s Long-Short Equity category, with a 26% return.</p><p>How wide is the valuation gap? That depends on which metric you use. The most traditional one is price-to-book value, which examines a company’s hard assets. The Russell 3000 Growth Index had aP/B of 11.1at the end of January versus the Russell 3000 Value’sP/B of 2.5. Historically, value managers searched for companies trading below one times book value for bargains. The valuation spread is currently at “the peak of the [2000] tech-bubble levels,” says Rob Arnott, founding chairman of Research Affiliates, which manages $153 billion. “So, I look on this as the first big step in what’s likely to be a long march back for value.”</p><p>Yet book value doesn’t measure technology companies well, as they often have little in the way of physical assets. Another metric is the Shiller price/earnings ratio, which normalizes, or smooths out, earnings for stocks in the ratio by averaging them over the past 10 years. U.S. large-cap stocks overall have a 35.5 Shiller P/E, a valuation not seen since their peak of 44 during the 1999-2000 tech bubble. U.S. value stocks have a Shiller P/E of 21.6, and growth 46.8. “If you look at a Shiller P/E ratio, growth is insanely expensive, and value is cheap, relative to the market,” Arnott says, “but not quite cheap relative to its historic norms.” He says value stocks need to fall 5% and growth 50% to achieve fair value in accordance with historic norms.</p><p>For this reason, Arnott favors foreign stocks, and emerging market stocks especially, which are cheaper overall than U.S. stocks. Emerging markets value stocks have a 10 Shiller P/E. “I have about half of my liquid assets in emerging markets deep value,” he says.</p><p>But someone like Motamed can play the spread in valuation by going long value in gold miner stocks likeKinross Gold(KGC), and short tech stocks likeApple(AAPL) orShopify(SHOP). “I can buy gold [miner] equities that in many cases are unlevered [zero debt] or becoming unlevered, well below book value, with enormous cash flows,” he says.</p><p>Meanwhile, “Apple is just a misrepresentation of a growth company,” Motamed says, pointing to its earnings before interest, taxes, depreciation, and amortization, or Ebitda. “If you look at Apple’s Ebitda, it made $82 billion in 2015. In the last year, it did $86 billion in Ebitda. That’s a 1% growth rate. They’ve saturated their market.”</p><p>Some value-oriented managers have a more nuanced view. Chris Davis, chairman of Davis Advisors and manager ofSelected American(SLADX), says there’s a distinction between what he calls “growth stalwarts” likeAlphabet(GOOGL) and more speculative fare. Google, he says, has “incredible cash-generation ability” and a dominant position in search engines that’s nearly impossible to dislodge.</p><p>What Davis wants in growth stocks is proven cash flow generation, not expected cash flow years down the road. The distinction between current growth and expected growth is a vital one now because it isn’t just the promise of stimulus driving cyclical value stocks up, but rising interest rates driving high-priced growth stocks down. The stimulus Wall Street expects will cause inflation, which makes bonds with low yields less attractive, so rates on 10-year Treasury notes, after hitting a low of 0.5% last year, are now 1.5%.</p><p>Companies with high valuations like&nbsp;Tesla(TSLA), which has a 172 forward P/E, have much of their earnings growth in the future, and consequently have low earnings yields, which is the inverse of their P/E ratios—0.6% in Tesla’s case. Those yields compare more unfavorably to bonds with each increase in rates. “Growth stocks are longer-duration equities,” explains Scott McBride, manager of&nbsp;Hotchkis &amp; Wiley Large Cap Value(HWLAX) “Their cash flows are further out into the future. A move in interest rates has a bigger impact on price, just like it has a bigger impact on the price of long-duration bonds.” Bond prices move inversely with rates, and long-duration ones are more sensitive to rates.</p><p>In addition,traditional value sectorscan benefit from rising rates, especially banks, which can increase profit margins on their loans by charging more for them as rates rise. Meanwhile, inflation should drive up prices of hard-asset-based energy, gold mining, and real estate stocks.</p><p>That said, some managers think the reversal will be temporary. Mitch Rubin, manager of theRiverPark Long/Short Opportunity(RLSFX), which favors growth stocks, says rates were so low to begin with that what is happening now is really a “period of normalizing stable rates.” Long-term bonds rates below 5% are generally good for growth companies that can borrow cheaply and expand, he says.</p><p>Rubin owns Apple and other stocks Motamed is shorting. “We don’t think Apple is done as an innovator,” he says. His fund is up only 1.8% this year, but it has beaten every other long/short fund in the past five years.</p><p>Whether he or Motamed wins in the next five years is the question.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title> Value Managers Rejoice: What’s Next for Value vs. Growth Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n Value Managers Rejoice: What’s Next for Value vs. Growth Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-15 10:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/value-stocks-are-starting-to-outpace-their-growth-counterparts-51615589128?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Monday, Feb. 22, was a great day for Ali Motamed, but a bad one for most investors. While the popular, technology-driven Nasdaq 100 index fell 2.6% and the S&P 500 index dropped 0.8%, Motamed’s ...</p>\n\n<a href=\"https://www.barrons.com/articles/value-stocks-are-starting-to-outpace-their-growth-counterparts-51615589128?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/value-stocks-are-starting-to-outpace-their-growth-counterparts-51615589128?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133865277","content_text":"Monday, Feb. 22, was a great day for Ali Motamed, but a bad one for most investors. While the popular, technology-driven Nasdaq 100 index fell 2.6% and the S&P 500 index dropped 0.8%, Motamed’s Invenomic fund soared 5.8% because he was betting against the popular tech stocks and for the unpopular value ones.That’s right—beaten-up value stocks arefinally winning. Both the Russell 2000 Value Index of the smallest, cheapest stocks and the Russell 1000 Value Index of the largest are beating their Russell growth counterparts by more than 10 percentage points this year. And this time, afternumerous head-fakes—including a one-day surge among tech stocks this week—the comeback seems for real.“We still have among the biggest spreads in valuation between value and growth stocks that we’ve ever had,” says Motamed. That, plus the promise of fiscal stimulus, has driven up value stocks, which are generally weaker, more cyclical, or more economically sensitive than growth stocks. Consequently. Motamed’s value-oriented fund (ticker: BIVRX), is the No. 1 fund this year in Morningstar’s Long-Short Equity category, with a 26% return.How wide is the valuation gap? That depends on which metric you use. The most traditional one is price-to-book value, which examines a company’s hard assets. The Russell 3000 Growth Index had aP/B of 11.1at the end of January versus the Russell 3000 Value’sP/B of 2.5. Historically, value managers searched for companies trading below one times book value for bargains. The valuation spread is currently at “the peak of the [2000] tech-bubble levels,” says Rob Arnott, founding chairman of Research Affiliates, which manages $153 billion. “So, I look on this as the first big step in what’s likely to be a long march back for value.”Yet book value doesn’t measure technology companies well, as they often have little in the way of physical assets. Another metric is the Shiller price/earnings ratio, which normalizes, or smooths out, earnings for stocks in the ratio by averaging them over the past 10 years. U.S. large-cap stocks overall have a 35.5 Shiller P/E, a valuation not seen since their peak of 44 during the 1999-2000 tech bubble. U.S. value stocks have a Shiller P/E of 21.6, and growth 46.8. “If you look at a Shiller P/E ratio, growth is insanely expensive, and value is cheap, relative to the market,” Arnott says, “but not quite cheap relative to its historic norms.” He says value stocks need to fall 5% and growth 50% to achieve fair value in accordance with historic norms.For this reason, Arnott favors foreign stocks, and emerging market stocks especially, which are cheaper overall than U.S. stocks. Emerging markets value stocks have a 10 Shiller P/E. “I have about half of my liquid assets in emerging markets deep value,” he says.But someone like Motamed can play the spread in valuation by going long value in gold miner stocks likeKinross Gold(KGC), and short tech stocks likeApple(AAPL) orShopify(SHOP). “I can buy gold [miner] equities that in many cases are unlevered [zero debt] or becoming unlevered, well below book value, with enormous cash flows,” he says.Meanwhile, “Apple is just a misrepresentation of a growth company,” Motamed says, pointing to its earnings before interest, taxes, depreciation, and amortization, or Ebitda. “If you look at Apple’s Ebitda, it made $82 billion in 2015. In the last year, it did $86 billion in Ebitda. That’s a 1% growth rate. They’ve saturated their market.”Some value-oriented managers have a more nuanced view. Chris Davis, chairman of Davis Advisors and manager ofSelected American(SLADX), says there’s a distinction between what he calls “growth stalwarts” likeAlphabet(GOOGL) and more speculative fare. Google, he says, has “incredible cash-generation ability” and a dominant position in search engines that’s nearly impossible to dislodge.What Davis wants in growth stocks is proven cash flow generation, not expected cash flow years down the road. The distinction between current growth and expected growth is a vital one now because it isn’t just the promise of stimulus driving cyclical value stocks up, but rising interest rates driving high-priced growth stocks down. The stimulus Wall Street expects will cause inflation, which makes bonds with low yields less attractive, so rates on 10-year Treasury notes, after hitting a low of 0.5% last year, are now 1.5%.Companies with high valuations like Tesla(TSLA), which has a 172 forward P/E, have much of their earnings growth in the future, and consequently have low earnings yields, which is the inverse of their P/E ratios—0.6% in Tesla’s case. Those yields compare more unfavorably to bonds with each increase in rates. “Growth stocks are longer-duration equities,” explains Scott McBride, manager of Hotchkis & Wiley Large Cap Value(HWLAX) “Their cash flows are further out into the future. A move in interest rates has a bigger impact on price, just like it has a bigger impact on the price of long-duration bonds.” Bond prices move inversely with rates, and long-duration ones are more sensitive to rates.In addition,traditional value sectorscan benefit from rising rates, especially banks, which can increase profit margins on their loans by charging more for them as rates rise. Meanwhile, inflation should drive up prices of hard-asset-based energy, gold mining, and real estate stocks.That said, some managers think the reversal will be temporary. Mitch Rubin, manager of theRiverPark Long/Short Opportunity(RLSFX), which favors growth stocks, says rates were so low to begin with that what is happening now is really a “period of normalizing stable rates.” Long-term bonds rates below 5% are generally good for growth companies that can borrow cheaply and expand, he says.Rubin owns Apple and other stocks Motamed is shorting. “We don’t think Apple is done as an innovator,” he says. His fund is up only 1.8% this year, but it has beaten every other long/short fund in the past five years.Whether he or Motamed wins in the next five years is the question.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328138880,"gmtCreate":1615505497840,"gmtModify":1704783715609,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"gd stock?","listText":"gd stock?","text":"gd stock?","images":[{"img":"https://static.tigerbbs.com/d716f774f7074c52426dba93b90fcbf4","width":"1440","height":"2629"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328138880","isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":321265026,"gmtCreate":1615440477065,"gmtModify":1704782801164,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"hmmmm","listText":"hmmmm","text":"hmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321265026","repostId":"1168853647","repostType":4,"repost":{"id":"1168853647","pubTimestamp":1615436750,"share":"https://ttm.financial/m/news/1168853647?lang=&edition=fundamental","pubTime":"2021-03-11 12:25","market":"us","language":"en","title":"Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show","url":"https://stock-news.laohu8.com/highlight/detail?id=1168853647","media":"investors","summary":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks ","content":"<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?</p>\n<p>Sellers were in<b>Alibaba</b>(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.</p>\n<p>Adjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.</p>\n<p>\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.</p>\n<p>Alibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.</p>\n<p><b>Sellers Hit BABA Stock</b></p>\n<p>Sellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.</p>\n<p>Sellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.</p>\n<p>BABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba and<b>JD.com</b>(JD), among others. It's had a hard time attracting buyers since then.</p>\n<p><b>Alibaba Stock Fundamental Analysis</b></p>\n<p>With a five-year annualized&nbsp; earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.</p>\n<p>Expectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.</p>\n<p>The company has been able to stay in growth mode despite a slowdown in its core e-commerce business.</p>\n<p>Alibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.</p>\n<p>Alibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete with<b>Tencent</b>(TCEHY)-owned Meituan.</p>\n<p>Sales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement with<b>Walt Disney</b>(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.</p>\n<p>And just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.</p>\n<p><b>Top-Rated Stock</b></p>\n<p>Alibaba's&nbsp;Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.</p>\n<p>Still, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.</p>\n<p>But earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.</p>\n<p>Alibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.</p>\n<p>Mobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.</p>\n<p><b>Top Fundamentals</b></p>\n<p>Annual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup.&nbsp;With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.</p>\n<p>For its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.</p>\n<p><b>Etsy</b>(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-based<b>JD.com</b>(JD),<b>Vipshop</b>(VIPS) and<b>Shutterstock</b>(SSTK).</p>\n<p><b>Alibaba Stock Technical Analysis</b></p>\n<p>After a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.</p>\n<p>A 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.</p>\n<p><img src=\"https://static.tigerbbs.com/e27938fbb38634242f13196ad341bed4\" tg-width=\"1162\" tg-height=\"586\"></p>\n<p>Alibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.</p>\n<p><b>Improving RS Line</b></p>\n<p>Alibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.</p>\n<p>Alibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&amp;P 500. An upward-sloping RS line means the stock is outperforming the S&amp;P 500. A downward-sloping line means the stock is lagging the S&amp;P 500.</p>\n<p><b>The bottom line</b>: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.</p>\n<p>Risk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.</p>","source":"lsy1610449120050","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>Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show</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\">\nIs Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 12:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as ...</p>\n\n<a href=\"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168853647","content_text":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.\nAdjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.\n\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.\nAlibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.\nSellers Hit BABA Stock\nSellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.\nSellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.\nBABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba andJD.com(JD), among others. It's had a hard time attracting buyers since then.\nAlibaba Stock Fundamental Analysis\nWith a five-year annualized  earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.\nExpectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.\nThe company has been able to stay in growth mode despite a slowdown in its core e-commerce business.\nAlibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.\nAlibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete withTencent(TCEHY)-owned Meituan.\nSales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement withWalt Disney(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.\nAnd just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.\nTop-Rated Stock\nAlibaba's Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.\nStill, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.\nBut earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.\nAlibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.\nMobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.\nTop Fundamentals\nAnnual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup. With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.\nFor its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.\nEtsy(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-basedJD.com(JD),Vipshop(VIPS) andShutterstock(SSTK).\nAlibaba Stock Technical Analysis\nAfter a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.\nA 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.\n\nAlibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.\nImproving RS Line\nAlibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.\nAlibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&P 500. An upward-sloping RS line means the stock is outperforming the S&P 500. A downward-sloping line means the stock is lagging the S&P 500.\nThe bottom line: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.\nRisk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321262286,"gmtCreate":1615440395345,"gmtModify":1704782801003,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"strong stock?","listText":"strong stock?","text":"strong stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321262286","repostId":"1168853647","repostType":4,"repost":{"id":"1168853647","pubTimestamp":1615436750,"share":"https://ttm.financial/m/news/1168853647?lang=&edition=fundamental","pubTime":"2021-03-11 12:25","market":"us","language":"en","title":"Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show","url":"https://stock-news.laohu8.com/highlight/detail?id=1168853647","media":"investors","summary":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks ","content":"<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?</p>\n<p>Sellers were in<b>Alibaba</b>(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.</p>\n<p>Adjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.</p>\n<p>\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.</p>\n<p>Alibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.</p>\n<p><b>Sellers Hit BABA Stock</b></p>\n<p>Sellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.</p>\n<p>Sellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.</p>\n<p>BABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba and<b>JD.com</b>(JD), among others. It's had a hard time attracting buyers since then.</p>\n<p><b>Alibaba Stock Fundamental Analysis</b></p>\n<p>With a five-year annualized&nbsp; earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.</p>\n<p>Expectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.</p>\n<p>The company has been able to stay in growth mode despite a slowdown in its core e-commerce business.</p>\n<p>Alibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.</p>\n<p>Alibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete with<b>Tencent</b>(TCEHY)-owned Meituan.</p>\n<p>Sales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement with<b>Walt Disney</b>(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.</p>\n<p>And just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.</p>\n<p><b>Top-Rated Stock</b></p>\n<p>Alibaba's&nbsp;Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.</p>\n<p>Still, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.</p>\n<p>But earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.</p>\n<p>Alibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.</p>\n<p>Mobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.</p>\n<p><b>Top Fundamentals</b></p>\n<p>Annual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup.&nbsp;With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.</p>\n<p>For its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.</p>\n<p><b>Etsy</b>(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-based<b>JD.com</b>(JD),<b>Vipshop</b>(VIPS) and<b>Shutterstock</b>(SSTK).</p>\n<p><b>Alibaba Stock Technical Analysis</b></p>\n<p>After a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.</p>\n<p>A 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.</p>\n<p><img src=\"https://static.tigerbbs.com/e27938fbb38634242f13196ad341bed4\" tg-width=\"1162\" tg-height=\"586\"></p>\n<p>Alibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.</p>\n<p><b>Improving RS Line</b></p>\n<p>Alibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.</p>\n<p>Alibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&amp;P 500. An upward-sloping RS line means the stock is outperforming the S&amp;P 500. A downward-sloping line means the stock is lagging the S&amp;P 500.</p>\n<p><b>The bottom line</b>: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.</p>\n<p>Risk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.</p>","source":"lsy1610449120050","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>Is Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show</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\">\nIs Alibaba Stock A Buy Right Now? Here's What Earnings, Chart Show\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 12:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as ...</p>\n\n<a href=\"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://www.investors.com/research/alibaba-stock-buy-now/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168853647","content_text":"libaba stock has fallen more than 25% off its high despite compelling fundamentals. The stock looks like it's on sale now, but is BABA stock a buy right now?\nSellers were inAlibaba(BABA) on Feb. 2 as Wall Street weighed its latestearnings report.\nAdjusted earnings rose 30% to $3.38 a share. Revenue growth accelerated for the third straight quarter, jumping 46% to $33.87 billion. Revenue for the company's cloud computing business grew 50% year over year to $2.47 billion.\n\"Our cloud computing business continues to expand market leadership and show strong growth, reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology,\" Alibaba CEO Daniel Zhang said in a press release.\nAlibaba stock jumped 3.5% on Feb. 3 after the company's fintech arm, Ant Group, struck a deal with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including the widely used Alipay digital wallet in China.\nSellers Hit BABA Stock\nSellers knocked Alibaba stock lower on Nov. 3 after the $34.5 billion Ant Group IPO was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai exchange officials said it would halt the listing due to the company's inability to fulfill conditions amid changes in the regulatory environment.\nSellers were in Alibaba stock again on Nov. 5 after the companyreported earnings and missed on sales.\nBABA stock crashed another 8% on Nov. 10 after Chinese regulators announced new draft antimonopoly rules for China online platforms like Alibaba andJD.com(JD), among others. It's had a hard time attracting buyers since then.\nAlibaba Stock Fundamental Analysis\nWith a five-year annualized  earnings growth rate of 29% and a sales growth rate of 47%, it's hard to find a company with a more impressive track record of growth than Alibaba. It's been a big winner since its IPO in September 2014.\nExpectations were high for Alibaba's Singles Day annual shopping event in November, and the company didn't disappoint as sales nearly doubled from the year-ago period to $74 billion.\nThe company has been able to stay in growth mode despite a slowdown in its core e-commerce business.\nAlibaba's business in China looks a lot like Amazon's in the U.S. Alibaba'scloud-computing businessis showing solid growth, just like Amazon's booming web services business.\nAlibaba also sees dollar signs in food delivery. In 2018, it merged its food delivery service Ele.me with its lifestyle app Koubei to better compete withTencent(TCEHY)-owned Meituan.\nSales at Alibaba's digital media and entertainment unit are also rising. The unit includes Alibaba's videostreaming platform Youku, along with its music streaming service, Xiami. Alibaba also has a licensing agreement withWalt Disney(DIS) unit Buena Vista International, giving it access to a large amount of Disney content.\nAnd just like Amazon, Alibaba sees potential in the sports streaming market. In 2018, the company partnered with China Central Television and streamed all matches of the 2018 FIFA World Cup. Alibaba said the World Cup, as well as continued investment in original content, fueled daily average subscriber growth of 200% for Youku.\nTop-Rated Stock\nAlibaba's Composite Ratingof 63 (scale of 1-99 with 99 being the best) has been hurt by sluggish price performance in recent months.\nStill, for a megacap stock, Alibaba continues to deliver torrid growth. But earnings and sales growth slowed dramatically in May, hurt by the coronavirus outbreak. Adjusted profit inched up 2% year over year to $1.30 a share. But that was well above the consensus estimate of 85 cents. Revenue increased 16% to just over $16.14 billion, also above expectations of $15.1 billion.\nBut earnings and sales growth accelerated nicely when the company reported earnings in August. Quarterly profit increased 15%, with revenue up 30% to $21.76 billion.\nAlibaba breaks down its revenue into four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment and Innovation Initiatives. Core commerce revenue jumped 34% to $18.9 billion. Cloud computing revenue increased 59% to $1.75 billion.\nMobile monthly active users totaled 874 million, up 15.8% from the year-ago quarter and 3.3% sequentially.\nTop Fundamentals\nAnnual return on equity of 21% and pretax margin of 31.3% help its top-notchSMR Rating(sales + margins + return on equity) of A fromIBD Stock Checkup. With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.\nFor its current fiscal year 2021,earnings per shareare expected to jump 38%, with 15% growth seen in fiscal 2022.\nEtsy(ETSY) is a top-rated stock in IBD's internet retail group, according to IBD Stock Checkup, along with China-basedJD.com(JD),Vipshop(VIPS) andShutterstock(SSTK).\nAlibaba Stock Technical Analysis\nAfter a heavy volume breakout for Alibaba stock in late November 2019, thecoronavirus stock market crashbrought sellers into the stock. But Alibaba, a member of IBD'sLong-Term Leadersportfolio, soared out of a 24-week consolidation in July.\nA 36% pullback for Alibaba stock in the second half of 2018 shook out a lot of sellers in the stock and ultimately served toreset the base count.\n\nAlibaba broke out of aflat basewith a 268.10 buy point during the week ended Aug. 28. It rallied for a bit, then started to pull back with the broad market. A new flat base formed with a 299.10 buy point, although an early entry was seen when Alibaba stock gapped up on Sept. 30.\nImproving RS Line\nAlibaba stock has been on a sharp downtrend since hitting a high of 319.32 in late October.\nAlibaba'srelative strength linehas also been trending sharply lower. A stock's relative strength line, found in daily and weekly charts atinvestors.com, compares the stock's daily price performance to the S&P 500. An upward-sloping RS line means the stock is outperforming the S&P 500. A downward-sloping line means the stock is lagging the S&P 500.\nThe bottom line: With Alibaba stock still far off its high and below its recently converged 50-day and 200-day moving average lines, Alibaba is not a buy now because it still hasoverhead supplyto work through.\nRisk averse investors will wait and see if Alibaba can get back into rally mode and fully form the right side of abase. Renewed signs of institutional buying would help the stock's cause, but there aren't any signs of it yet. An early entry would be seen if Alibaba stock can move above its recent high of 274.29.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323689811,"gmtCreate":1615337856733,"gmtModify":1704781308525,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"tech stock will go up.","listText":"tech stock will go up.","text":"tech stock will go up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323689811","repostId":"1118673419","repostType":4,"repost":{"id":"1118673419","pubTimestamp":1615334943,"share":"https://ttm.financial/m/news/1118673419?lang=&edition=fundamental","pubTime":"2021-03-10 08:09","market":"us","language":"en","title":"Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months","url":"https://stock-news.laohu8.com/highlight/detail?id=1118673419","media":"cnbc","summary":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the ","content":"<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1118673419","content_text":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since November.Teslasoared 19.6% after a five-day losing streak and posted its biggest one-day pop since February 2020.AppleandFacebookjumped more than 4% each, while Microsoft and Netflix both gained at least 2.5%. Amazon rose 3.8%. The tech-heavy benchmark rallied as much as 4.3% during the session.\nThe S&P 500 advanced 1.4% to 3,875.44. The Dow Jones Industrial Average closed the day near its session low, rising just 30.30 points, or 0.1%, to 31,832.74. At its session high, the blue-chip benchmark jumped more than 300 points to touch an intraday record high.\nTechnology shares rebounded from steep losses as bond yields stabilized. The10-year Treasury yieldfell more than 5 basis points to 1.54%. The benchmark rate traded as high as 1.62% on Monday.\n“After lagging badly for the last few weeks, growth/momentum stocks are exploding higher as investors grow a bit more comfortable around rates and step in to buy this erstwhile most-loved sector,” Adam Crisafulli, founder of Vital Knowledge, said in a note.\nThe Nasdaq shed 2.4% in the previous session to close more than 10% below its Feb.12 high and falling into correction territory. High-growth names have been pressured lately as rising rates make their future profits less valuable today, making it hard to justify the stocks’ lofty valuations.\nMany popular technology stocks have fallen double digits over the past month amid rate fears. Even with Tuesday’s rally, Apple dropped more than 10% in the past month, while Tesla tumbled 20%. Pandemic betsZoom VideoandPelotonfell 20% and 36%, respectively, during the same period.\n“A lot of these tech stocks have become oversold on a short-term basis. Therefore, it’s not a big surprise that they’re seeing a nice bounce,” said Matt Maley, chief market strategist at Miller Tabak. “The question will be whether this bounce is a strong one...or a ‘dead cat bounce’ that doesn’t last very long at all.”\nWidely followed investor Cathie Wood of Ark Investment Management told CNBC on Monday that the recent tech sell-off created “great opportunities” for her to buy the pure play names in her funds, which are concentrated in disruptive technology stocks.\nWood’s flagship fundArk Innovation (ARKK)popped 10% Tuesdayfor its best day ever.\nMeanwhile, the rally in reopening plays and cyclical stocks took a breather on Tuesday. Energy was the biggest loser with a 1.9% decline, paring its March gains to about 8%. Financials and industrials also underperformed Tuesday.\nSenate approval of the$1.9 trillion economic relief and stimulus billhad prompted investors to continue to rotate into these areas of the market to bet on an economic rebound. House Democrats aim to pass the bill on Wednesday so President Joe Biden can sign it by the weekend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323610333,"gmtCreate":1615337204422,"gmtModify":1704781293122,"author":{"id":"3578392724542825","authorId":"3578392724542825","name":"etchew","avatar":"https://static.tigerbbs.com/3699fe24ef3c4c20884faf58e2f3eeef","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3578392724542825","idStr":"3578392724542825"},"themes":[],"htmlText":"tech firms will stay strong due to the drive towards digital economy","listText":"tech firms will stay strong due to the drive towards digital economy","text":"tech firms will stay strong due to the drive towards digital economy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323610333","repostId":"1118673419","repostType":4,"repost":{"id":"1118673419","pubTimestamp":1615334943,"share":"https://ttm.financial/m/news/1118673419?lang=&edition=fundamental","pubTime":"2021-03-10 08:09","market":"us","language":"en","title":"Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months","url":"https://stock-news.laohu8.com/highlight/detail?id=1118673419","media":"cnbc","summary":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the ","content":"<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks stage rebound, nasdaq roars back 3.6% for its best day in 4 months\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 08:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1118673419","content_text":"U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.\nThe Nasdaq Composite climbed 3.69% to 13,073.82 for its best day since November.Teslasoared 19.6% after a five-day losing streak and posted its biggest one-day pop since February 2020.AppleandFacebookjumped more than 4% each, while Microsoft and Netflix both gained at least 2.5%. Amazon rose 3.8%. The tech-heavy benchmark rallied as much as 4.3% during the session.\nThe S&P 500 advanced 1.4% to 3,875.44. The Dow Jones Industrial Average closed the day near its session low, rising just 30.30 points, or 0.1%, to 31,832.74. At its session high, the blue-chip benchmark jumped more than 300 points to touch an intraday record high.\nTechnology shares rebounded from steep losses as bond yields stabilized. The10-year Treasury yieldfell more than 5 basis points to 1.54%. The benchmark rate traded as high as 1.62% on Monday.\n“After lagging badly for the last few weeks, growth/momentum stocks are exploding higher as investors grow a bit more comfortable around rates and step in to buy this erstwhile most-loved sector,” Adam Crisafulli, founder of Vital Knowledge, said in a note.\nThe Nasdaq shed 2.4% in the previous session to close more than 10% below its Feb.12 high and falling into correction territory. High-growth names have been pressured lately as rising rates make their future profits less valuable today, making it hard to justify the stocks’ lofty valuations.\nMany popular technology stocks have fallen double digits over the past month amid rate fears. Even with Tuesday’s rally, Apple dropped more than 10% in the past month, while Tesla tumbled 20%. Pandemic betsZoom VideoandPelotonfell 20% and 36%, respectively, during the same period.\n“A lot of these tech stocks have become oversold on a short-term basis. Therefore, it’s not a big surprise that they’re seeing a nice bounce,” said Matt Maley, chief market strategist at Miller Tabak. “The question will be whether this bounce is a strong one...or a ‘dead cat bounce’ that doesn’t last very long at all.”\nWidely followed investor Cathie Wood of Ark Investment Management told CNBC on Monday that the recent tech sell-off created “great opportunities” for her to buy the pure play names in her funds, which are concentrated in disruptive technology stocks.\nWood’s flagship fundArk Innovation (ARKK)popped 10% Tuesdayfor its best day ever.\nMeanwhile, the rally in reopening plays and cyclical stocks took a breather on Tuesday. Energy was the biggest loser with a 1.9% decline, paring its March gains to about 8%. Financials and industrials also underperformed Tuesday.\nSenate approval of the$1.9 trillion economic relief and stimulus billhad prompted investors to continue to rotate into these areas of the market to bet on an economic rebound. House Democrats aim to pass the bill on Wednesday so President Joe Biden can sign it by the weekend.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}