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2021-05-26
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Largest Boeing 737 MAX model takes off on maiden flight
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2021-06-10
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Boeing Co's 737 MAX 10, the largest member of its best-selling si","content":"<p>RENTON, Wash., June 18 (Reuters) - Boeing Co's 737 MAX 10, the largest member of its best-selling single-aisle airplane family, took off on its maiden flight on Friday, in a further step toward recovering from the safety grounding of a smaller model.</p>\n<p>The plane completed a roughly 2-1/2-hour flight over Washington State, returning to Renton Municipal Airport near Seattle at 12:38 p.m.</p>\n<p>The first flight heralds months of testing and safety certification work before the jet is expected to enter service in 2023.</p>\n<p>In an unusual departure from the PR buzz surrounding first flights, the event was kept low-key as Boeing tries to navigate overlapping crises caused by a 20-month grounding in the wake of two crashes and the COVID-19 pandemic.</p>\n<p>Boeing's 230-seat 737-10 is designed to close the gap between its 178-to-220-seat 737-9, and Airbus's 185-to-240-seat A321neo, which dominates the top end of the narrowbody jet market, worth some $3.5 trillion over 20 years.</p>\n<p>However, the market opportunity for the 737 MAX 10 is constrained by the jet's range of about 3,300 nautical miles (6,100 km), which falls short of the A321neo's roughly 4,000 nm.</p>\n<p>Boeing must also complete safety certification of the plane under a tougher regulatory climate following two fatal crashes of a smaller 737 MAX version grounded the model for nearly two years - with a safety ban still in place in China.</p>\n<p>Boeing has carried out design and training changes on the MAX family, which returned to U.S. operations in December.</p>\n<p>Boeing Commercial Airplanes CEO Stan Deal said the company is producing about 16 737 MAX jets a month at its Renton factory.</p>\n<p>Boeing is working on safety enhancements for the 737 MAX 10, including for its air data indication system and adding a third cockpit indication requested by European regulators of the \"angle of attack,\" a parameter needed to avoid stalling or losing lift. Deal’s comments were provided to the media via a pool reporter inside a Boeing aircraft delivery center.</p>\n<p>\"We're going to take our time on this certification,\" Deal said.</p>\n<p>While the smaller MAX 8 is Boeing's fastest-selling jet, slow sales of the MAX 9 and 10 models have put Boeing at a disadvantage to the A321neo.</p>\n<p>Boeing has abandoned plans to tinker with the 737 MAX 10 design, but is weighing a bolder plan to replace the single-aisle 757, which overlaps with the top end of the MAX family.</p>\n<p>Even so, Boeing says it is confident in the MAX 10, and it is stepping up efforts to sell more of the jet, with key targets, including Ireland's Ryanair .</p>\n<p>Customers include United Airlines with 100 on order. Although sources say United is weighing a new order for at least 100 or even up to 200 MAX, its requirement for large single-aisles will be served by Airbus - reinforcing the market split.</p>\n<p>The flight, watched by dozens of employees but virtually no visitors as Boeing sought to downplay the event, showcased a revamped landing gear system illustrating an industry battle to squeeze as much mileage as possible out of the current generation of single-aisles.</p>\n<p>It raises the landing gear's height during take-off and landing, a design needed to compensate for the MAX 10's extra length and prevent the tail scraping the runway on take-off.</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>Largest Boeing 737 MAX model takes off on maiden flight</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\">\nLargest Boeing 737 MAX model takes off on maiden flight\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-19 08:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>RENTON, Wash., June 18 (Reuters) - Boeing Co's 737 MAX 10, the largest member of its best-selling single-aisle airplane family, took off on its maiden flight on Friday, in a further step toward recovering from the safety grounding of a smaller model.</p>\n<p>The plane completed a roughly 2-1/2-hour flight over Washington State, returning to Renton Municipal Airport near Seattle at 12:38 p.m.</p>\n<p>The first flight heralds months of testing and safety certification work before the jet is expected to enter service in 2023.</p>\n<p>In an unusual departure from the PR buzz surrounding first flights, the event was kept low-key as Boeing tries to navigate overlapping crises caused by a 20-month grounding in the wake of two crashes and the COVID-19 pandemic.</p>\n<p>Boeing's 230-seat 737-10 is designed to close the gap between its 178-to-220-seat 737-9, and Airbus's 185-to-240-seat A321neo, which dominates the top end of the narrowbody jet market, worth some $3.5 trillion over 20 years.</p>\n<p>However, the market opportunity for the 737 MAX 10 is constrained by the jet's range of about 3,300 nautical miles (6,100 km), which falls short of the A321neo's roughly 4,000 nm.</p>\n<p>Boeing must also complete safety certification of the plane under a tougher regulatory climate following two fatal crashes of a smaller 737 MAX version grounded the model for nearly two years - with a safety ban still in place in China.</p>\n<p>Boeing has carried out design and training changes on the MAX family, which returned to U.S. operations in December.</p>\n<p>Boeing Commercial Airplanes CEO Stan Deal said the company is producing about 16 737 MAX jets a month at its Renton factory.</p>\n<p>Boeing is working on safety enhancements for the 737 MAX 10, including for its air data indication system and adding a third cockpit indication requested by European regulators of the \"angle of attack,\" a parameter needed to avoid stalling or losing lift. Deal’s comments were provided to the media via a pool reporter inside a Boeing aircraft delivery center.</p>\n<p>\"We're going to take our time on this certification,\" Deal said.</p>\n<p>While the smaller MAX 8 is Boeing's fastest-selling jet, slow sales of the MAX 9 and 10 models have put Boeing at a disadvantage to the A321neo.</p>\n<p>Boeing has abandoned plans to tinker with the 737 MAX 10 design, but is weighing a bolder plan to replace the single-aisle 757, which overlaps with the top end of the MAX family.</p>\n<p>Even so, Boeing says it is confident in the MAX 10, and it is stepping up efforts to sell more of the jet, with key targets, including Ireland's Ryanair .</p>\n<p>Customers include United Airlines with 100 on order. Although sources say United is weighing a new order for at least 100 or even up to 200 MAX, its requirement for large single-aisles will be served by Airbus - reinforcing the market split.</p>\n<p>The flight, watched by dozens of employees but virtually no visitors as Boeing sought to downplay the event, showcased a revamped landing gear system illustrating an industry battle to squeeze as much mileage as possible out of the current generation of single-aisles.</p>\n<p>It raises the landing gear's height during take-off and landing, a design needed to compensate for the MAX 10's extra length and prevent the tail scraping the runway on take-off.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144086770","content_text":"RENTON, Wash., June 18 (Reuters) - Boeing Co's 737 MAX 10, the largest member of its best-selling single-aisle airplane family, took off on its maiden flight on Friday, in a further step toward recovering from the safety grounding of a smaller model.\nThe plane completed a roughly 2-1/2-hour flight over Washington State, returning to Renton Municipal Airport near Seattle at 12:38 p.m.\nThe first flight heralds months of testing and safety certification work before the jet is expected to enter service in 2023.\nIn an unusual departure from the PR buzz surrounding first flights, the event was kept low-key as Boeing tries to navigate overlapping crises caused by a 20-month grounding in the wake of two crashes and the COVID-19 pandemic.\nBoeing's 230-seat 737-10 is designed to close the gap between its 178-to-220-seat 737-9, and Airbus's 185-to-240-seat A321neo, which dominates the top end of the narrowbody jet market, worth some $3.5 trillion over 20 years.\nHowever, the market opportunity for the 737 MAX 10 is constrained by the jet's range of about 3,300 nautical miles (6,100 km), which falls short of the A321neo's roughly 4,000 nm.\nBoeing must also complete safety certification of the plane under a tougher regulatory climate following two fatal crashes of a smaller 737 MAX version grounded the model for nearly two years - with a safety ban still in place in China.\nBoeing has carried out design and training changes on the MAX family, which returned to U.S. operations in December.\nBoeing Commercial Airplanes CEO Stan Deal said the company is producing about 16 737 MAX jets a month at its Renton factory.\nBoeing is working on safety enhancements for the 737 MAX 10, including for its air data indication system and adding a third cockpit indication requested by European regulators of the \"angle of attack,\" a parameter needed to avoid stalling or losing lift. Deal’s comments were provided to the media via a pool reporter inside a Boeing aircraft delivery center.\n\"We're going to take our time on this certification,\" Deal said.\nWhile the smaller MAX 8 is Boeing's fastest-selling jet, slow sales of the MAX 9 and 10 models have put Boeing at a disadvantage to the A321neo.\nBoeing has abandoned plans to tinker with the 737 MAX 10 design, but is weighing a bolder plan to replace the single-aisle 757, which overlaps with the top end of the MAX family.\nEven so, Boeing says it is confident in the MAX 10, and it is stepping up efforts to sell more of the jet, with key targets, including Ireland's Ryanair .\nCustomers include United Airlines with 100 on order. Although sources say United is weighing a new order for at least 100 or even up to 200 MAX, its requirement for large single-aisles will be served by Airbus - reinforcing the market split.\nThe flight, watched by dozens of employees but virtually no visitors as Boeing sought to downplay the event, showcased a revamped landing gear system illustrating an industry battle to squeeze as much mileage as possible out of the current generation of single-aisles.\nIt raises the landing gear's height during take-off and landing, a design needed to compensate for the MAX 10's extra length and prevent the tail scraping the runway on take-off.","news_type":1},"isVote":1,"tweetType":1,"viewCount":583,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163726358,"gmtCreate":1623894119774,"gmtModify":1703822780261,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Like + comment pls!","listText":"Like + comment pls!","text":"Like + comment pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/163726358","repostId":"2143379379","repostType":4,"repost":{"id":"2143379379","pubTimestamp":1623893744,"share":"https://ttm.financial/m/news/2143379379?lang=&edition=fundamental","pubTime":"2021-06-17 09:35","market":"us","language":"en","title":"These 10 Stocks Make Up 85% of Warren Buffett's Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2143379379","media":"Motley Fool","summary":"Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.","content":"<p>If you've ever wondered why <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!</p>\n<p>What's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.</p>\n<p>Another source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/601f21f3cc2f9e5524bd5d613063faa2\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>1. Apple: $115.6 billion</h2>\n<p>Tech kingpin <b>Apple</b> (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.</p>\n<h2>2. Bank of America: $43.2 billion</h2>\n<p>Bank stocks have long been Buffett's favorite place to put Berkshire's money work. <b>Bank of America</b> (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\"><span>Image source: American <a href=\"https://laohu8.com/S/EXPR\">Express</a>.</span></p>\n<h2>3. American Express: $24.9 billion</h2>\n<p>Payment processor and lender <b>American Express</b> (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.</p>\n<h2>4. Coca-Cola: $22.5 billion</h2>\n<p>Speaking of long-tenured holdings, beverage behemoth <b>Coca-Cola</b> (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc21d6aabfd53f63ded95ae16cbd64e1\" tg-width=\"700\" tg-height=\"468\"><span>Image source: Getty Images.</span></p>\n<h2>5. Kraft Heinz: $14.1 billion</h2>\n<p>There's little question that <b>Kraft Heinz</b> (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.</p>\n<h2>6. Verizon Communications: $9.1 billion</h2>\n<p>Telecommunications giant <b>Verizon</b> (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably <a href=\"https://laohu8.com/S/AONE\">one</a> of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7343c3ce7330b86321a8ec9384d4baea\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>7. U.S. Bancorp: $8.7 billion</h2>\n<p>Next to BofA, <b>U.S. Bancorp</b> (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.</p>\n<h2>8. Moody's: $8.5 billion</h2>\n<p>Credit agency and analytics company <b>Moody's</b> (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8abdae403dddfa42107e06ea5bfddf39\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>9. BYD: $6.2 billion</h2>\n<p>Back in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer <b>BYD</b> (OTC:BYDDY) for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors <b>NIO</b> and <b>XPeng</b> delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.</p>\n<h2>10. DaVita: $4.4 billion</h2>\n<p>Rounding out the top 10 is kidney dialysis services company <b>DaVita</b> (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 10 Stocks Make Up 85% of Warren Buffett's Portfolio</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\">\nThese 10 Stocks Make Up 85% of Warren Buffett's Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 09:35 GMT+8 <a href=https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","DVA":"达维塔保健","BYDDY":"比亚迪ADR","VZ":"威瑞森","KHC":"卡夫亨氏","BAC":"美国银行","BRK.A":"伯克希尔","USB":"美国合众银行","AAPL":"苹果","MCO":"穆迪","KO":"可口可乐","AXP":"美国运通"},"source_url":"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143379379","content_text":"If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!\nWhat's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.\nAnother source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\n1. Apple: $115.6 billion\nTech kingpin Apple (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.\n2. Bank of America: $43.2 billion\nBank stocks have long been Buffett's favorite place to put Berkshire's money work. Bank of America (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.\nImage source: American Express.\n3. American Express: $24.9 billion\nPayment processor and lender American Express (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.\n4. Coca-Cola: $22.5 billion\nSpeaking of long-tenured holdings, beverage behemoth Coca-Cola (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.\nImage source: Getty Images.\n5. Kraft Heinz: $14.1 billion\nThere's little question that Kraft Heinz (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.\n6. Verizon Communications: $9.1 billion\nTelecommunications giant Verizon (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably one of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.\nImage source: Getty Images.\n7. U.S. Bancorp: $8.7 billion\nNext to BofA, U.S. Bancorp (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.\n8. Moody's: $8.5 billion\nCredit agency and analytics company Moody's (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.\nImage source: Getty Images.\n9. BYD: $6.2 billion\nBack in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer BYD (OTC:BYDDY) for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors NIO and XPeng delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.\n10. DaVita: $4.4 billion\nRounding out the top 10 is kidney dialysis services company DaVita (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.","news_type":1},"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169036608,"gmtCreate":1623808625404,"gmtModify":1703820094369,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hello!","listText":"Hello!","text":"Hello!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169036608","repostId":"1120443371","repostType":4,"repost":{"id":"1120443371","pubTimestamp":1623807993,"share":"https://ttm.financial/m/news/1120443371?lang=&edition=fundamental","pubTime":"2021-06-16 09:46","market":"us","language":"en","title":"2 Stocks That Could Make You Filthy Rich","url":"https://stock-news.laohu8.com/highlight/detail?id=1120443371","media":"Motley Fool","summary":"Farfetch and Lululemon Athletica have massive growth opportunities to fuel big returns.","content":"<p>One way to spot future wealth-building stocks is to look for relatively small companies in their respective industry that have consistently posted high growth rates. Ideally, look for companies that have a much larger addressable market than their current annual revenue. This is a good indicator that the company has plenty of headroom to grow and can likely maintain its high growth rate for many years and fuel a big return for investors.</p>\n<p>Two companies that meet these criteria are <b>Farfetch Limited</b> (NYSE:FTCH), the leading global online luxury goods seller, and <b>lululemon athletica</b> (NASDAQ:LULU), an emerging juggernaut in the athletic apparel industry. Here's a brief review of their operating histories and why the future looks bright for these fast-growing companies.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7143febf47be0ef6c7669210ef218647\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>1. Farfetch</b></p>\n<p>Farfetch was founded in 2007 and has grown to be the leading e-commerce destination for luxury goods. From 2016 through 2020, revenue grew seven-fold to reach $1.7 billion. More growth like this will almost certainly send the stock higher over the long term, and the company is in a good competitive spot to deliver on that potential.</p>\n<p>Farfetch operates a marketplace with over 1,300 brands that sell their goods directly to consumers. As luxury spending shifts online, Farfetch offers a lot of value to luxury brands that lack the means to build their own digital platform to reach consumers globally. Farfetch does it all, handling marketing, technology, and logistics to help many small luxury brands reach shoppers they wouldn't be able to otherwise.</p>\n<p>The business is built to grow quite fast and handle adversity like pandemics. Most of the items listed for sale on Farfetch are available from multiple sellers around the world. This gives it an advantage over other luxury e-commerce stores that typically have a few distribution centers.</p>\n<p>Farfetch grew revenue by 64% in 2020, and another growth catalyst has emerged that could keep the momentum going over the next several years. Last year, Farfetch entered a joint venture with the Chinese e-commerce leader <b>Alibaba Group</b> and luxury goods maker <b>Compagnie Financiere Richemont</b> that will extend the company's reach to the fast-growing Chinese market. Farfetch will be able to expand its marketplace to Alibaba's Tmall Luxury Pavilion. This significantly improves the long-term growth outlook of Farfetch's marketplace, given the 779 million active customers on Alibaba's retail marketplaces.</p>\n<p>The main knock against Farfetch has been its accumulating net losses on the bottom line, but it's improving. In the fourth quarter of 2020, Farfetch reported its first quarter of positive operating profit, measured on an adjusted EBITDA basis. Management is forecasting the first full year of positive adjusted EBITDA for 2021.</p>\n<p>The stock price is down about 35% off its 52-week high, but the global luxury industry is valued at approximately $300 billion, providing lots of return potential for investors today. This could be a good time to consider buying shares.</p>\n<p><b>2. Lululemon</b></p>\n<p>Lululemon is a unique breed in the athletic apparel industry. Since its inception in 1998, it has grown mostly through grassroots initiatives. Revenue was just $40 million in 2004, but today, Lululemon is emerging as one of the top athletic brands in the world with revenue of $4.4 billion in fiscal 2020, and it's still going strong.</p>\n<p>Even after more than 20 years in operation, it continues to grow in North America, while expanding rapidly in China, Europe, and other regions. Last year, revenue from outside of North America made up 14% of total revenue. Management sees international growth as a big opportunity.</p>\n<p>Growing the men's business is also a top priority, where men's products comprised only 21% of total revenue last year even though the men's category has been growing faster than women's.</p>\n<p>Building on its grassroots foundation, Lululemon is continuing to invest with the focus of deepening its relationship with a loyal customer base. It acquired tech company Mirror for $500 million last year, the maker of an interactive display that offers access to workout classes from the comforts of home for a monthly subscription fee.</p>\n<p>Mirror generates a few hundred million in annual revenue right now, but the long-term benefits of the deal could be significant. By the end of this year, Lululemon plans to accelerate the monetization of the device by opening 200 shop-in-shops in Lululemon stores, just in time for the holidays.</p>\n<p>Lululemon has a market cap of $44 billion, putting its price-to-sales ratio at around 10, which isn't cheap. But consider that <b>Nike</b> has a market cap of $208 billion, and Lululemon estimates its long-term addressable market far above the $366 billion global sportswear market. That's because management sees tremendous growth potential as it enters new product categories, such as Mirror and other services.</p>\n<p>All said, Lululemon is a long-term compounding machine that could turn a small investment into a large sum.</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>2 Stocks That Could Make You Filthy Rich</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Stocks That Could Make You Filthy Rich\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 09:46 GMT+8 <a href=https://www.fool.com/investing/2021/06/15/2-stocks-that-could-make-you-filthy-rich/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One way to spot future wealth-building stocks is to look for relatively small companies in their respective industry that have consistently posted high growth rates. Ideally, look for companies that ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/15/2-stocks-that-could-make-you-filthy-rich/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LULU":"lululemon athletica"},"source_url":"https://www.fool.com/investing/2021/06/15/2-stocks-that-could-make-you-filthy-rich/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120443371","content_text":"One way to spot future wealth-building stocks is to look for relatively small companies in their respective industry that have consistently posted high growth rates. Ideally, look for companies that have a much larger addressable market than their current annual revenue. This is a good indicator that the company has plenty of headroom to grow and can likely maintain its high growth rate for many years and fuel a big return for investors.\nTwo companies that meet these criteria are Farfetch Limited (NYSE:FTCH), the leading global online luxury goods seller, and lululemon athletica (NASDAQ:LULU), an emerging juggernaut in the athletic apparel industry. Here's a brief review of their operating histories and why the future looks bright for these fast-growing companies.\nIMAGE SOURCE: GETTY IMAGES.\n1. Farfetch\nFarfetch was founded in 2007 and has grown to be the leading e-commerce destination for luxury goods. From 2016 through 2020, revenue grew seven-fold to reach $1.7 billion. More growth like this will almost certainly send the stock higher over the long term, and the company is in a good competitive spot to deliver on that potential.\nFarfetch operates a marketplace with over 1,300 brands that sell their goods directly to consumers. As luxury spending shifts online, Farfetch offers a lot of value to luxury brands that lack the means to build their own digital platform to reach consumers globally. Farfetch does it all, handling marketing, technology, and logistics to help many small luxury brands reach shoppers they wouldn't be able to otherwise.\nThe business is built to grow quite fast and handle adversity like pandemics. Most of the items listed for sale on Farfetch are available from multiple sellers around the world. This gives it an advantage over other luxury e-commerce stores that typically have a few distribution centers.\nFarfetch grew revenue by 64% in 2020, and another growth catalyst has emerged that could keep the momentum going over the next several years. Last year, Farfetch entered a joint venture with the Chinese e-commerce leader Alibaba Group and luxury goods maker Compagnie Financiere Richemont that will extend the company's reach to the fast-growing Chinese market. Farfetch will be able to expand its marketplace to Alibaba's Tmall Luxury Pavilion. This significantly improves the long-term growth outlook of Farfetch's marketplace, given the 779 million active customers on Alibaba's retail marketplaces.\nThe main knock against Farfetch has been its accumulating net losses on the bottom line, but it's improving. In the fourth quarter of 2020, Farfetch reported its first quarter of positive operating profit, measured on an adjusted EBITDA basis. Management is forecasting the first full year of positive adjusted EBITDA for 2021.\nThe stock price is down about 35% off its 52-week high, but the global luxury industry is valued at approximately $300 billion, providing lots of return potential for investors today. This could be a good time to consider buying shares.\n2. Lululemon\nLululemon is a unique breed in the athletic apparel industry. Since its inception in 1998, it has grown mostly through grassroots initiatives. Revenue was just $40 million in 2004, but today, Lululemon is emerging as one of the top athletic brands in the world with revenue of $4.4 billion in fiscal 2020, and it's still going strong.\nEven after more than 20 years in operation, it continues to grow in North America, while expanding rapidly in China, Europe, and other regions. Last year, revenue from outside of North America made up 14% of total revenue. Management sees international growth as a big opportunity.\nGrowing the men's business is also a top priority, where men's products comprised only 21% of total revenue last year even though the men's category has been growing faster than women's.\nBuilding on its grassroots foundation, Lululemon is continuing to invest with the focus of deepening its relationship with a loyal customer base. It acquired tech company Mirror for $500 million last year, the maker of an interactive display that offers access to workout classes from the comforts of home for a monthly subscription fee.\nMirror generates a few hundred million in annual revenue right now, but the long-term benefits of the deal could be significant. By the end of this year, Lululemon plans to accelerate the monetization of the device by opening 200 shop-in-shops in Lululemon stores, just in time for the holidays.\nLululemon has a market cap of $44 billion, putting its price-to-sales ratio at around 10, which isn't cheap. But consider that Nike has a market cap of $208 billion, and Lululemon estimates its long-term addressable market far above the $366 billion global sportswear market. That's because management sees tremendous growth potential as it enters new product categories, such as Mirror and other services.\nAll said, Lululemon is a long-term compounding machine that could turn a small investment into a large sum.","news_type":1},"isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187858672,"gmtCreate":1623750021896,"gmtModify":1704210409163,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187858672","repostId":"2143758276","repostType":4,"repost":{"id":"2143758276","pubTimestamp":1623747890,"share":"https://ttm.financial/m/news/2143758276?lang=&edition=fundamental","pubTime":"2021-06-15 17:04","market":"us","language":"en","title":"The U.S. and EU are nearing a truce on the Boeing-Airbus dispute","url":"https://stock-news.laohu8.com/highlight/detail?id=2143758276","media":"cnbc","summary":"KEY POINTS\n\nThe EU-U.S. relationship hit a low during the previous White House administration with T","content":"<div>\n<p>KEY POINTS\n\nThe EU-U.S. relationship hit a low during the previous White House administration with Trump often criticizing Europe.\nTrump imposed duties worth $7.5 billion on European products after ...</p>\n\n<a href=\"https://cnb.cx/2Sr1tEZ\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. and EU are nearing a truce on the Boeing-Airbus dispute</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\">\nThe U.S. and EU are nearing a truce on the Boeing-Airbus dispute\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 17:04 GMT+8 <a href=https://cnb.cx/2Sr1tEZ><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe EU-U.S. relationship hit a low during the previous White House administration with Trump often criticizing Europe.\nTrump imposed duties worth $7.5 billion on European products after ...</p>\n\n<a href=\"https://cnb.cx/2Sr1tEZ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"source_url":"https://cnb.cx/2Sr1tEZ","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"2143758276","content_text":"KEY POINTS\n\nThe EU-U.S. relationship hit a low during the previous White House administration with Trump often criticizing Europe.\nTrump imposed duties worth $7.5 billion on European products after the World Trade Organization ruled that the EU had given unfair subsidies to Airbus.\nShortly afterwards, the EU imposed tariffs worth $4 billion on U.S. products off the back of another WTO ruling that said the U.S. had granted illegal aid to Boeing.\n\nLONDON — The United States and the European Union are moving closer to an agreement on a 17-year-long dispute over aircraft subsidies, as they gear up for their first summit since 2014 on Tuesday.\nPresidentJoe Bidenand his EU counterparts are keen to show that there is new momentum in the trans-Atlantic relationship.\nCNBC reported last week that theEU was pressing the White Houseto reach a deal to end trade tariffs imposed during the Donald Trump presidency, in relation to theAirbusandBoeingdispute that first emerged in 2004.\n“We are working on it,” an EU official, who did not want to be named due to the sensitive nature of the trade negotiations, told CNBC Tuesday.\nA second EU official, who also did not want to be named due to the sensitivity of the talks, said Tuesday morning that it was “too early to say” whether a breakthrough will be achieved when the leaders meet at lunch time.\nThe EU-U.S. relationship hit a low during the previous White House administration with Trump often criticizing Europe, accusing the EU of being worse than China with its trade practices.\nTrump imposed duties worth $7.5 billion on European products after the World Trade Organization ruled that the EU had given unfair subsidies to Airbus. Shortly afterwards, the EU imposed tariffs worth $4 billion on U.S. products off the back of another WTO ruling that said the U.S. had granted illegal aid to Boeing.\nThe EU has been keen to set a date to remove these outstanding tariffs and suggested July 11 last week.\nA third EU official, who also did not want to be named due to the sensitive nature of the negotiations, told CNBC Monday afternoon that this date was no longer in the draft document that both sides are due to agree on at the summit.\nJacob Kirkegaard, senior fellow at the German Marshall Fund of the United States, told CNBC’s “Squawk Box Europe” Tuesday that “the politics are as such and the economic logic is that we will finally have a deal on Boeing, Airbus. Which is, of course, good news for both companies but first and foremost is probably even better news for the many, many companies in both the EU and the U.S. that are hit by the retaliatory sanctions.”\nFrench winemakers and Italian cheese producers have previously complained about the impact of the U.S.-EU trade tensions on their businesses.\nMetal tariffs\nIt’s now clear that the EU wants to see more progress on the trade front. The 27-member bloc has also been pushing for an agreement on metal tariffs too, which were also imposed during the Trump presidency.\nIn 2018, Trump’s team slapped a 25% tariff on European steel and a 10% duty on European aluminum on the grounds of national security — something the EU vehemently opposed and retaliated against.\nIn response, a first round of tariffs worth 2.8 billion euros ($3.4 billion) was implemented by the EU and another round worth 3.6 billion euros was due to kick in this month. But these have been on hold in a sign of good faith, as the EU chases a truce with Washington.\nThe EU has not been shy to express its happiness at the election of Biden and in December presenteda plan to revive trans-Atlanticties post-Trump. At that time, the EU suggested the establishment of a Trade and Tech Council to remove certain trade barriers and coordinate their tech standards. The U.S. and the EU are expectedto approvethis group during Tuesday’s summit in Brussels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184449830,"gmtCreate":1623722769020,"gmtModify":1704209585669,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/184449830","repostId":"1140305126","repostType":4,"repost":{"id":"1140305126","pubTimestamp":1623722258,"share":"https://ttm.financial/m/news/1140305126?lang=&edition=fundamental","pubTime":"2021-06-15 09:57","market":"us","language":"en","title":"NIO: One EV Company To Rule Them All","url":"https://stock-news.laohu8.com/highlight/detail?id=1140305126","media":"seekingalpha","summary":"NIO has unique characteristics that make it a superior player in the EV sector.The company could find new avenues of monetization through BaaS and software licensing.NIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174 by 2023-24.Having said this, charging stations today are for the most part unprofitable. But these work a bit different from NIO’s BaaS system. A big problem with regular charging stations is that their cost of electrici","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO has unique characteristics that make it a superior player in the EV sector.</li>\n <li>The company could find new avenues of monetization through BaaS and software licensing.</li>\n <li>NIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174 by 2023-24.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e73b2f5c2c6359610a15264530773421\" tg-width=\"768\" tg-height=\"461\"><span>Eoneren/E+ via Getty ImagesThesis Summary</span></p>\n<p>NIO Inc.,(NYSE:NIO)is a fast-growing Chinese EV company with some very unique characteristics. Despite its youth and relatively small size in terms of global EV sales, NIO looks like it could one day be one of the most relevant companies in the EV sector. NIO is much more than just an EV car manufacturer, as it is also one of the most innovative companies in the space. Revolutions in charging technology and proprietary software should help NIO establish a moat, a unique selling point and can potentially create new revenue sources.</p>\n<p><b>BaaS: Another Layer of Revenue</b></p>\n<p>I have already talked extensively about NIO’s core business in previous articles. Today, I’d like to start by focusing on the implications behind one NIO’s signature characteristic: Battery-as-a-Service. (BaaS)</p>\n<p>Granted, many articles have already covered this topic too. Normally though, these focus on BaaS vs regular charging, or how BaaS technology can make NIO cars more appealing. However, in this section, I am focusing on the implications BaaS can have on NIO’s revenue, as a completely separate business, which it could one day be.</p>\n<p>NIO’s BaaS offerings have come a very long way since the company first initiated this idea. In April, the company reached a deal with Sinopec Shanghai Petrochemical Company Limited(NYSE:SHI)to create a vast network of battery swap stations. NIO aims to have over 5000 stations by 2024. Furthermore, the latest iteration of the BaaS charging system allows car-owners to swap the battery for a fully charged one in minutes and without even needing to exit their car. BaaS is the fastest way to achieve the level of convenience we have when refueling traditional gas cars, and it may perhaps be the only way.</p>\n<p>So, the question is; Can NIO monetize its BaaS, and if so how would this look? The short answer to this question is yes. Ford Motors, Inc(NYSE:F)has already entered a deal with NIO to make use of NIO’s charging infrastructure.</p>\n<p>Having said this, charging stations today are for the most part unprofitable. But these work a bit different from NIO’s BaaS system. A big problem with regular charging stations is that their cost of electricity is much higher than what you would pay if you charged your car at home during the night. BaaS, however, works around this, since the replacement batteries could be charged anywhere. On top of that, what we do know is that NIO will stand to benefit a lot more from this line of business thanks to government subsidies. It has been openly stated by the CCP that China is moving away from consumer-focused subsidies, in favour of infrastructure based subsidies.</p>\n<p>It’s still early days, but if BaaS takes off, and other producers focus on this model, NIO could stand to gain a lot from this by being a source of infrastructure and technology. For example, NIO could play a key role in providing the necessary charging infrastructure for Europe, a market which it is just recently entering.</p>\n<p><b>NIO: Monetizing knowledge</b></p>\n<p>The other key area where NIO excels, and many may not realize it, is technology and knowledge. Let’s make this clear with some numbers.</p>\n<p>According to data from Tencent Tech, NIO has 2768 patents in China, 204 in Europe and 193 patents in the United States. 1208 of the patents held in China are “innovation patents”. This is a significant fact, because “innovation patents” as classified by the Chinese are the ones whose content can be considered “groundbreaking”. To put these numbers into perspective, NIO holds more patents than rivals like Li Auto Inc.(NASDAQ:LI)and Xpeng Inc [XVEP].</p>\n<p>Diving deeper into these patents, we can see that most of these patents are related to the above-mentioned battery swap technology. Another hot topic of research today is autonomous driving. In this field, NIO has 47 patents, 64% of which are still pending. This is quite a small number if we compare it to Baidu, Inc(NASDAQ:BIDU), which boasts 632 patents. Lastly, I will note that I think one of the most successful areas where NIO is innovating is in terms of design and user interface/software. For example, the NIO ET7 features an `intelligent cockpit”, which is powered by NOMI, NIO’s artificial intelligence.</p>\n<p>What I am trying to say is that perhaps what some see as NIO’s weakness, could be one of its biggest strengths. Many analysts seem to have a problem with the fact that NIO doesn’t make its cars, but this aspect of the car business is becoming less and less relevant. The CEO of NVIDIA Corporation(NASDAQ:NVDA) has been quoted as saying that by 2025, cars will be sold at cost price, and it will be software sales that will provide these manufacturers revenue.</p>\n<p>It seems like the traditional car is going the way of smartphones. Putting together the components is perhaps the least important of the value-adding activities here. What’s most relevant is the operating system and the value of the brand. NIO shines in both of these areas, and this is perhaps another way in which we could say NIO is quite similar to Apple Inc(NASDAQ:AAPL).</p>\n<p><b>Valuation</b></p>\n<p>I believe the above are two strong points that highlight that NIO has potential way beyond the production of cars. Having said this, it is very hard to quantify how these advancements in innovation will change NIO’s revenues and profitability in the future. What I propose here is a valuation where we value NIO at its most basic level, through revenues achieved from car sales. However, I will defend that the P/S multiple will remain much higher than that of its “peers” given the reasons stated above.</p>\n<p>Now, let’s start with revenues and sales. At its most core level, we can predict NIO’s revenues by looking at how many cars it will produce in the next few years, and we have a good idea of what this could be. Recently, NIO renewed its manufacturing agreement with Jianghuai Automobile Group [JAC]. Supposedly, the company will be doubling its production capacity to around 240.000 units per year, at least until May 2024.</p>\n<p>Therefore, a very simple forecast of NIO’s revenues could be made based on this simple production fact. In the next 3 years, NIO will have the capacity to produce 720.000 new cars. Will they be able to sell them all? In 2020, NIO sold 43,728 vehicles. Forwards growth estimates have NIO doubling in revenue in the next year, which, assuming all revenues come from car sales and the price stays the same, would mean selling 87.456 units. If we pulled back growth to around 80% for 2022 and 50% for 2023, we would have corresponding sales of 157,420 and 236,132. This kind of growth is close to current estimates, and fits in quite nicely with NIO’s plans, since it seems like, by the end of this period, when the manufacturing agreement ends, NIO would be selling at near full capacity. The important point I am trying to make here is that given this recent deal, investors should not be worried about NIO’s production constraints. Furthermore, it doesn’t seem like NIO will struggle from the demand side, especially as it plans to enter the European EV market.</p>\n<p>Now, the second point I will argue in this valuation, is that, given the changes in how the EV sector is shaping up, we should not apply industry multiples to a stock like NIO. In my previous article on the company, I did this and forecasted a price for 2030 of up to $400/share. However, a case can be made that NIO should command a premium in valuation. This is because the company is, quite literally, not making cars. Rather, it’s developing a brand, proprietary technology and also changing how we think about charging.</p>\n<p>Creating batteries for cars is a business in and of itself. A successful company in this sector is Contemporary Amperex Technology [CATL]. According to data from Market Screener,this company has an operating margin of 13%, grew revenues by 250% last year and trades at a P/E of 114 and a P/S of around 25.</p>\n<p>On the other hand, as car manufacturers begin to focus on delivering cars with an integrated operating system and software, we may see company’s like NIO trade at valuation multiples more in line with that of SaaS companies. Companies that sell software, like Adobe, Inc.(NASDAQ:ADBE)or Salesforce.com(NYSE:CRM)trade at P/S multiples of 15-20.</p>\n<p>If NIO were to sell 236,132 cars in 2023-2024 at an average price of $57,000, it would bring in $13,440 million in revenue. Assuming no dilution, this would imply roughly $10.25 of revenue/share. Given the fact that NIO could also begin to monetize its BaaS offerings, and that the company could even license its software and technology to other players, I feel like today’s P/S of 17 should be maintained, if not expanded. Growth may slow down, but we have to put a value on the assets NIO has in the form of patents and technology.</p>\n<p>In conclusion, my price target for NIO would be $174/share by the end of 2023.</p>\n<p><b>Risks</b></p>\n<p>Having said this, there are some potential risks that the company faces in today’s environment. Firstly, and even though I see this mostly as a strength, not having its own manufacturing facilities can be seen as a disadvantage. If push comes to shove, JAC could refuse to honour their manufacturing contract, though I am sure this would be expensive.</p>\n<p>On another note, it is still not clear how widely adopted BaaS technology will be. Traditional charging spots are getting more advanced and, thanks to renewable sources of energy, such as solar, these charging stations could soon provide much more competitive charging rates. Clearly, NIO will have to partner up with other manufacturers to make BaaS a worldwide reality.</p>\n<p>Lastly, it is worth mentioning that, despite the high growth and improving profitability, it is very much on the cards to see further shareholder dilution, something which the valuation above did not account for.</p>\n<p><b>Takeaway</b></p>\n<p>NIO’s success over the last few years will ultimately be what makes the company successful in the future. NIO has found a way to innovate left, right and centre. It has changed the concept of charging through BaaS. It has also executed this innovation by building battery swap stations that are incredibly fast. It has innovated in terms of software and style, and I do not doubt that the company will continue to do so in the future. Ultimately, NIO is much more than an EV manufacturer and should be valued as such.</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>NIO: One EV Company To Rule Them All</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\">\nNIO: One EV Company To Rule Them All\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 09:57 GMT+8 <a href=https://seekingalpha.com/article/4434788-nio-one-ev-company-to-rule-them-all><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO has unique characteristics that make it a superior player in the EV sector.\nThe company could find new avenues of monetization through BaaS and software licensing.\nNIO commands high ...</p>\n\n<a href=\"https://seekingalpha.com/article/4434788-nio-one-ev-company-to-rule-them-all\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4434788-nio-one-ev-company-to-rule-them-all","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140305126","content_text":"Summary\n\nNIO has unique characteristics that make it a superior player in the EV sector.\nThe company could find new avenues of monetization through BaaS and software licensing.\nNIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174 by 2023-24.\n\nEoneren/E+ via Getty ImagesThesis Summary\nNIO Inc.,(NYSE:NIO)is a fast-growing Chinese EV company with some very unique characteristics. Despite its youth and relatively small size in terms of global EV sales, NIO looks like it could one day be one of the most relevant companies in the EV sector. NIO is much more than just an EV car manufacturer, as it is also one of the most innovative companies in the space. Revolutions in charging technology and proprietary software should help NIO establish a moat, a unique selling point and can potentially create new revenue sources.\nBaaS: Another Layer of Revenue\nI have already talked extensively about NIO’s core business in previous articles. Today, I’d like to start by focusing on the implications behind one NIO’s signature characteristic: Battery-as-a-Service. (BaaS)\nGranted, many articles have already covered this topic too. Normally though, these focus on BaaS vs regular charging, or how BaaS technology can make NIO cars more appealing. However, in this section, I am focusing on the implications BaaS can have on NIO’s revenue, as a completely separate business, which it could one day be.\nNIO’s BaaS offerings have come a very long way since the company first initiated this idea. In April, the company reached a deal with Sinopec Shanghai Petrochemical Company Limited(NYSE:SHI)to create a vast network of battery swap stations. NIO aims to have over 5000 stations by 2024. Furthermore, the latest iteration of the BaaS charging system allows car-owners to swap the battery for a fully charged one in minutes and without even needing to exit their car. BaaS is the fastest way to achieve the level of convenience we have when refueling traditional gas cars, and it may perhaps be the only way.\nSo, the question is; Can NIO monetize its BaaS, and if so how would this look? The short answer to this question is yes. Ford Motors, Inc(NYSE:F)has already entered a deal with NIO to make use of NIO’s charging infrastructure.\nHaving said this, charging stations today are for the most part unprofitable. But these work a bit different from NIO’s BaaS system. A big problem with regular charging stations is that their cost of electricity is much higher than what you would pay if you charged your car at home during the night. BaaS, however, works around this, since the replacement batteries could be charged anywhere. On top of that, what we do know is that NIO will stand to benefit a lot more from this line of business thanks to government subsidies. It has been openly stated by the CCP that China is moving away from consumer-focused subsidies, in favour of infrastructure based subsidies.\nIt’s still early days, but if BaaS takes off, and other producers focus on this model, NIO could stand to gain a lot from this by being a source of infrastructure and technology. For example, NIO could play a key role in providing the necessary charging infrastructure for Europe, a market which it is just recently entering.\nNIO: Monetizing knowledge\nThe other key area where NIO excels, and many may not realize it, is technology and knowledge. Let’s make this clear with some numbers.\nAccording to data from Tencent Tech, NIO has 2768 patents in China, 204 in Europe and 193 patents in the United States. 1208 of the patents held in China are “innovation patents”. This is a significant fact, because “innovation patents” as classified by the Chinese are the ones whose content can be considered “groundbreaking”. To put these numbers into perspective, NIO holds more patents than rivals like Li Auto Inc.(NASDAQ:LI)and Xpeng Inc [XVEP].\nDiving deeper into these patents, we can see that most of these patents are related to the above-mentioned battery swap technology. Another hot topic of research today is autonomous driving. In this field, NIO has 47 patents, 64% of which are still pending. This is quite a small number if we compare it to Baidu, Inc(NASDAQ:BIDU), which boasts 632 patents. Lastly, I will note that I think one of the most successful areas where NIO is innovating is in terms of design and user interface/software. For example, the NIO ET7 features an `intelligent cockpit”, which is powered by NOMI, NIO’s artificial intelligence.\nWhat I am trying to say is that perhaps what some see as NIO’s weakness, could be one of its biggest strengths. Many analysts seem to have a problem with the fact that NIO doesn’t make its cars, but this aspect of the car business is becoming less and less relevant. The CEO of NVIDIA Corporation(NASDAQ:NVDA) has been quoted as saying that by 2025, cars will be sold at cost price, and it will be software sales that will provide these manufacturers revenue.\nIt seems like the traditional car is going the way of smartphones. Putting together the components is perhaps the least important of the value-adding activities here. What’s most relevant is the operating system and the value of the brand. NIO shines in both of these areas, and this is perhaps another way in which we could say NIO is quite similar to Apple Inc(NASDAQ:AAPL).\nValuation\nI believe the above are two strong points that highlight that NIO has potential way beyond the production of cars. Having said this, it is very hard to quantify how these advancements in innovation will change NIO’s revenues and profitability in the future. What I propose here is a valuation where we value NIO at its most basic level, through revenues achieved from car sales. However, I will defend that the P/S multiple will remain much higher than that of its “peers” given the reasons stated above.\nNow, let’s start with revenues and sales. At its most core level, we can predict NIO’s revenues by looking at how many cars it will produce in the next few years, and we have a good idea of what this could be. Recently, NIO renewed its manufacturing agreement with Jianghuai Automobile Group [JAC]. Supposedly, the company will be doubling its production capacity to around 240.000 units per year, at least until May 2024.\nTherefore, a very simple forecast of NIO’s revenues could be made based on this simple production fact. In the next 3 years, NIO will have the capacity to produce 720.000 new cars. Will they be able to sell them all? In 2020, NIO sold 43,728 vehicles. Forwards growth estimates have NIO doubling in revenue in the next year, which, assuming all revenues come from car sales and the price stays the same, would mean selling 87.456 units. If we pulled back growth to around 80% for 2022 and 50% for 2023, we would have corresponding sales of 157,420 and 236,132. This kind of growth is close to current estimates, and fits in quite nicely with NIO’s plans, since it seems like, by the end of this period, when the manufacturing agreement ends, NIO would be selling at near full capacity. The important point I am trying to make here is that given this recent deal, investors should not be worried about NIO’s production constraints. Furthermore, it doesn’t seem like NIO will struggle from the demand side, especially as it plans to enter the European EV market.\nNow, the second point I will argue in this valuation, is that, given the changes in how the EV sector is shaping up, we should not apply industry multiples to a stock like NIO. In my previous article on the company, I did this and forecasted a price for 2030 of up to $400/share. However, a case can be made that NIO should command a premium in valuation. This is because the company is, quite literally, not making cars. Rather, it’s developing a brand, proprietary technology and also changing how we think about charging.\nCreating batteries for cars is a business in and of itself. A successful company in this sector is Contemporary Amperex Technology [CATL]. According to data from Market Screener,this company has an operating margin of 13%, grew revenues by 250% last year and trades at a P/E of 114 and a P/S of around 25.\nOn the other hand, as car manufacturers begin to focus on delivering cars with an integrated operating system and software, we may see company’s like NIO trade at valuation multiples more in line with that of SaaS companies. Companies that sell software, like Adobe, Inc.(NASDAQ:ADBE)or Salesforce.com(NYSE:CRM)trade at P/S multiples of 15-20.\nIf NIO were to sell 236,132 cars in 2023-2024 at an average price of $57,000, it would bring in $13,440 million in revenue. Assuming no dilution, this would imply roughly $10.25 of revenue/share. Given the fact that NIO could also begin to monetize its BaaS offerings, and that the company could even license its software and technology to other players, I feel like today’s P/S of 17 should be maintained, if not expanded. Growth may slow down, but we have to put a value on the assets NIO has in the form of patents and technology.\nIn conclusion, my price target for NIO would be $174/share by the end of 2023.\nRisks\nHaving said this, there are some potential risks that the company faces in today’s environment. Firstly, and even though I see this mostly as a strength, not having its own manufacturing facilities can be seen as a disadvantage. If push comes to shove, JAC could refuse to honour their manufacturing contract, though I am sure this would be expensive.\nOn another note, it is still not clear how widely adopted BaaS technology will be. Traditional charging spots are getting more advanced and, thanks to renewable sources of energy, such as solar, these charging stations could soon provide much more competitive charging rates. Clearly, NIO will have to partner up with other manufacturers to make BaaS a worldwide reality.\nLastly, it is worth mentioning that, despite the high growth and improving profitability, it is very much on the cards to see further shareholder dilution, something which the valuation above did not account for.\nTakeaway\nNIO’s success over the last few years will ultimately be what makes the company successful in the future. NIO has found a way to innovate left, right and centre. It has changed the concept of charging through BaaS. It has also executed this innovation by building battery swap stations that are incredibly fast. It has innovated in terms of software and style, and I do not doubt that the company will continue to do so in the future. Ultimately, NIO is much more than an EV manufacturer and should be valued as such.","news_type":1},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183880878,"gmtCreate":1623321243794,"gmtModify":1704200827185,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/183880878","repostId":"1156471121","repostType":4,"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132096806,"gmtCreate":1622043333205,"gmtModify":1704178463370,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/132096806","repostId":"2138143109","repostType":4,"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132096038,"gmtCreate":1622043311224,"gmtModify":1704178462553,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132096038","repostId":"1113786599","repostType":4,"repost":{"id":"1113786599","pubTimestamp":1622041965,"share":"https://ttm.financial/m/news/1113786599?lang=&edition=fundamental","pubTime":"2021-05-26 23:12","market":"us","language":"en","title":"Amazon buying MGM for $8.45 billion, will 'reimagine' storied movie, TV brands","url":"https://stock-news.laohu8.com/highlight/detail?id=1113786599","media":"Reuters","summary":" -Amazon.com Inc said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+.The deal is designed to help Amazon supercharge its Amazon Prime Video service by keeping customers engaged and paying an annual subscription that also guarantees rapid delivery of purchases from its online store.\"The real financial value be","content":"<p>(Reuters) -Amazon.com Inc said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+.</p><p>Privately-held MGM, or Metro Goldwyn Mayer, was founded in 1924, owns the Epix cable channel and makes popular TV shows including \"Fargo\", \"Vikings\" and \"Shark Tank.\"</p><p>The deal is designed to help Amazon (NASDAQ:AMZN) supercharge its Amazon Prime Video service by keeping customers engaged and paying an annual subscription that also guarantees rapid delivery of purchases from its online store.</p><p>\"The real financial value behind this deal is the treasure trove of (intellectual property) in the deep catalog that we plan to reimagine and develop together with MGM's talented team. It's very exciting and provides so many opportunities for high-quality storytelling,\" said Mike Hopkins, senior vice president of Prime Video and Amazon Studios.</p><p>Amazon's Prime Video faces a long list of competitors including Netflix Inc (NASDAQ:NFLX), WaltDisney(NYSE:DIS) Co's Disney+, HBO Max and Apple Inc (NASDAQ:AAPL)'s Apple TV+. The companies are increasing spending and expanding in international markets, aiming to capture the pandemic-led shift to binge-watching shows online.</p><p>Amazon has also made big bets courting fans of live sports and has picked up lucrative licenses to stream games, including a long-term deal with the National Football League that was estimated to cost about $1 billion per year.</p><p>The proliferating streaming services are also scrambling for brands that they can expand and libraries of older shows and movies. Analysts have said this is a big motivation for another round of consolidation of media properties after a brief hiatus during the pandemic.</p><p>Underscoring the trend, AT&T Inc (NYSE:T) announced a $43-billion deal last week to spin out its WarnerMedia business and combine it with Discovery (NASDAQ:DISCA) Inc, one of the most ambitious yet in the streaming era.</p><p>\"Amazon is seeking to become a more prominent player in the entertainment world, and there's no better way to do that than by buying one of the most iconic movie studios in Hollywood,\" said Jesse Cohen, senior analyst at Investing.com. \"It's all about content as the streaming war heats up.\"</p><p>The acquisition is Amazon’s second-biggest after Whole Foods Market, which it bought for $13.7 billion in 2017.</p><p>The price represents a lofty premium relative to other deals. The price is about 37 times MGM’s 2021 estimated EBITDA - or almost triple the enterprise value-to-EBITDA multiple that Discovery’s deal implied for AT&T’s content assets - according to Reuters Breakingviews.</p><p>MGM started a formal sale process in December, when it was estimated to be worth about $5.5 billion.</p><p>The deal can be viewed as a doubling down on business strategy that Jeff Bezos, Amazon’s CEO, articulated at a conference in 2016: “When we win a Golden Globe, it helps us sell more shoes,” he had said, referring to Amazon's diverse business divisions.</p><p>In April, Amazon posted its fourth consecutive record quarterly profit and boasted more than 200 million Prime loyalty subscribers.</p><p>Amazon shares rose 0.3% in early trading.</p><p>LUCRATIVE FRANCHISE RIGHTS</p><p>Amazon has picked up Academy Awards over the years and slowly moved from art-house fare toward content with wider appeal. The MGM acquisition accelerates that move, giving it rights to James Bond, one of the most lucrative franchises in film history that’s earned nearly $7 billion at the box office globally, according to MGM.</p><p>MGM also has a massive library of classic films including \"Rocky,\" \"Moonstruck,\" and \"The Silence of the Lambs.\"</p><p>The potential to mine this intellectual property, by making new shows and films based on popular characters, will help Amazon draw viewers to Prime, two former Amazon executives told Reuters.</p><p>Still, efforts by Amazon to profit off MGM's library won’t be easy, or cheap.</p><p>In many cases, MGM’s content is tied up in multi-year deals with television networks, the former Amazon executives said. Amazon cannot air MGM’s reality show “The Voice,” for instance, which contractually is in the hands of NBC.</p><p>Bringing a new installment of the James Bond saga to Prime viewers may be a particularly difficult task, the sources said. The terms under which MGM acquired the franchise leave control in the hands of the Broccoli family, the Bond films’ producers.</p><p>News of the acquisition followed quickly on the return of Jeff Blackburn, Amazon’s former senior vice president overseeing content and M&A, who had left early this year.</p><p>Incoming Amazon CEO Andy Jassy had particular trust in Blackburn after decades at Amazon together, hoping he'd shepherd a complicated merger, the sources said.</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>Amazon buying MGM for $8.45 billion, will 'reimagine' storied movie, TV brands</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon buying MGM for $8.45 billion, will 'reimagine' storied movie, TV brands\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 23:12 GMT+8 <a href=https://www.investing.com/news/stock-market-news/amazon-snaps-up-james-bond-owner-mgm-for-845-billion-as-streaming-war-heats-up-2516207><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Amazon.com Inc said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/amazon-snaps-up-james-bond-owner-mgm-for-845-billion-as-streaming-war-heats-up-2516207\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.investing.com/news/stock-market-news/amazon-snaps-up-james-bond-owner-mgm-for-845-billion-as-streaming-war-heats-up-2516207","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113786599","content_text":"(Reuters) -Amazon.com Inc said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+.Privately-held MGM, or Metro Goldwyn Mayer, was founded in 1924, owns the Epix cable channel and makes popular TV shows including \"Fargo\", \"Vikings\" and \"Shark Tank.\"The deal is designed to help Amazon (NASDAQ:AMZN) supercharge its Amazon Prime Video service by keeping customers engaged and paying an annual subscription that also guarantees rapid delivery of purchases from its online store.\"The real financial value behind this deal is the treasure trove of (intellectual property) in the deep catalog that we plan to reimagine and develop together with MGM's talented team. It's very exciting and provides so many opportunities for high-quality storytelling,\" said Mike Hopkins, senior vice president of Prime Video and Amazon Studios.Amazon's Prime Video faces a long list of competitors including Netflix Inc (NASDAQ:NFLX), WaltDisney(NYSE:DIS) Co's Disney+, HBO Max and Apple Inc (NASDAQ:AAPL)'s Apple TV+. The companies are increasing spending and expanding in international markets, aiming to capture the pandemic-led shift to binge-watching shows online.Amazon has also made big bets courting fans of live sports and has picked up lucrative licenses to stream games, including a long-term deal with the National Football League that was estimated to cost about $1 billion per year.The proliferating streaming services are also scrambling for brands that they can expand and libraries of older shows and movies. Analysts have said this is a big motivation for another round of consolidation of media properties after a brief hiatus during the pandemic.Underscoring the trend, AT&T Inc (NYSE:T) announced a $43-billion deal last week to spin out its WarnerMedia business and combine it with Discovery (NASDAQ:DISCA) Inc, one of the most ambitious yet in the streaming era.\"Amazon is seeking to become a more prominent player in the entertainment world, and there's no better way to do that than by buying one of the most iconic movie studios in Hollywood,\" said Jesse Cohen, senior analyst at Investing.com. \"It's all about content as the streaming war heats up.\"The acquisition is Amazon’s second-biggest after Whole Foods Market, which it bought for $13.7 billion in 2017.The price represents a lofty premium relative to other deals. The price is about 37 times MGM’s 2021 estimated EBITDA - or almost triple the enterprise value-to-EBITDA multiple that Discovery’s deal implied for AT&T’s content assets - according to Reuters Breakingviews.MGM started a formal sale process in December, when it was estimated to be worth about $5.5 billion.The deal can be viewed as a doubling down on business strategy that Jeff Bezos, Amazon’s CEO, articulated at a conference in 2016: “When we win a Golden Globe, it helps us sell more shoes,” he had said, referring to Amazon's diverse business divisions.In April, Amazon posted its fourth consecutive record quarterly profit and boasted more than 200 million Prime loyalty subscribers.Amazon shares rose 0.3% in early trading.LUCRATIVE FRANCHISE RIGHTSAmazon has picked up Academy Awards over the years and slowly moved from art-house fare toward content with wider appeal. The MGM acquisition accelerates that move, giving it rights to James Bond, one of the most lucrative franchises in film history that’s earned nearly $7 billion at the box office globally, according to MGM.MGM also has a massive library of classic films including \"Rocky,\" \"Moonstruck,\" and \"The Silence of the Lambs.\"The potential to mine this intellectual property, by making new shows and films based on popular characters, will help Amazon draw viewers to Prime, two former Amazon executives told Reuters.Still, efforts by Amazon to profit off MGM's library won’t be easy, or cheap.In many cases, MGM’s content is tied up in multi-year deals with television networks, the former Amazon executives said. Amazon cannot air MGM’s reality show “The Voice,” for instance, which contractually is in the hands of NBC.Bringing a new installment of the James Bond saga to Prime viewers may be a particularly difficult task, the sources said. The terms under which MGM acquired the franchise leave control in the hands of the Broccoli family, the Bond films’ producers.News of the acquisition followed quickly on the return of Jeff Blackburn, Amazon’s former senior vice president overseeing content and M&A, who had left early this year.Incoming Amazon CEO Andy Jassy had particular trust in Blackburn after decades at Amazon together, hoping he'd shepherd a complicated merger, the sources said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378606419,"gmtCreate":1619019498031,"gmtModify":1704718460938,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Gogo","listText":"Gogo","text":"Gogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/378606419","repostId":"2129187781","repostType":4,"isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":132096806,"gmtCreate":1622043333205,"gmtModify":1704178463370,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/132096806","repostId":"2138143109","repostType":4,"repost":{"id":"2138143109","pubTimestamp":1622042760,"share":"https://ttm.financial/m/news/2138143109?lang=&edition=fundamental","pubTime":"2021-05-26 23:26","market":"us","language":"en","title":"Why American Eagle Outfitters Is Jumping 5.5% Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2138143109","media":"Motley Fool","summary":"The apparel retailer has strong tailwinds behind it.","content":"<h2>What happened</h2><p>Shares of <b>American Eagle Outfitters</b> (NYSE:AEO) were up 5.5% in morning trading Wednesday ahead of the apparel retailer reporting first-quarter earnings after the market closes.</p><h2>So what</h2><p>Many retailers are posting strong quarterly financials as they go up against comparatively weak comparable sales from the year-ago period, which was partially marred by the coronavirus pandemic outbreak. Both <b>Abercrombie & Fitch</b> and <b><a href=\"https://laohu8.com/S/URBN\">Urban Outfitters</a></b> just handily beat estimates.</p><p>Investors might view American Eagle as prepared to beat analyst expectations on the strength of its Aerie loungewear brand, which has been a strong performer throughout. Especially as working from home became an imperative for many -- and still is -- comfortable clothes that met various fashion needs became de rigueur for consumers.</p><p>Analysts expect Aerie to become a $2 billion to $3 billion brand, and it already accounts for 40% American Eagle's sales.</p><h2>Now what</h2><p>Wall Street expects American Eagle to post revenue of $1.02 billion, up 85% over the year-ago quarter, generating earnings of $0.47 per share compared to an adjusted loss of $0.84 per share (analyst estimates typically don't include <a href=\"https://laohu8.com/S/AONE\">one</a>-time items that companies end up adjusting their results for).</p><p>It already looks as though American Eagle is expected to post robust results, so the market will end up reacting tomorrow to just how much the retailer beats (or misses) those forecasts.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why American Eagle Outfitters Is Jumping 5.5% 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 American Eagle Outfitters Is Jumping 5.5% Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 23:26 GMT+8 <a href=https://www.fool.com/investing/2021/05/26/why-american-eagle-outfitters-is-jumping-55-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of American Eagle Outfitters (NYSE:AEO) were up 5.5% in morning trading Wednesday ahead of the apparel retailer reporting first-quarter earnings after the market closes.So whatMany...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/26/why-american-eagle-outfitters-is-jumping-55-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EGBN":"伊格尔合众银行","AEO":"美鹰服饰","AFG":"美国金融集团有限公司"},"source_url":"https://www.fool.com/investing/2021/05/26/why-american-eagle-outfitters-is-jumping-55-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138143109","content_text":"What happenedShares of American Eagle Outfitters (NYSE:AEO) were up 5.5% in morning trading Wednesday ahead of the apparel retailer reporting first-quarter earnings after the market closes.So whatMany retailers are posting strong quarterly financials as they go up against comparatively weak comparable sales from the year-ago period, which was partially marred by the coronavirus pandemic outbreak. Both Abercrombie & Fitch and Urban Outfitters just handily beat estimates.Investors might view American Eagle as prepared to beat analyst expectations on the strength of its Aerie loungewear brand, which has been a strong performer throughout. Especially as working from home became an imperative for many -- and still is -- comfortable clothes that met various fashion needs became de rigueur for consumers.Analysts expect Aerie to become a $2 billion to $3 billion brand, and it already accounts for 40% American Eagle's sales.Now whatWall Street expects American Eagle to post revenue of $1.02 billion, up 85% over the year-ago quarter, generating earnings of $0.47 per share compared to an adjusted loss of $0.84 per share (analyst estimates typically don't include one-time items that companies end up adjusting their results for).It already looks as though American Eagle is expected to post robust results, so the market will end up reacting tomorrow to just how much the retailer beats (or misses) those forecasts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184449830,"gmtCreate":1623722769020,"gmtModify":1704209585669,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/184449830","repostId":"1140305126","repostType":4,"repost":{"id":"1140305126","pubTimestamp":1623722258,"share":"https://ttm.financial/m/news/1140305126?lang=&edition=fundamental","pubTime":"2021-06-15 09:57","market":"us","language":"en","title":"NIO: One EV Company To Rule Them All","url":"https://stock-news.laohu8.com/highlight/detail?id=1140305126","media":"seekingalpha","summary":"NIO has unique characteristics that make it a superior player in the EV sector.The company could find new avenues of monetization through BaaS and software licensing.NIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174 by 2023-24.Having said this, charging stations today are for the most part unprofitable. But these work a bit different from NIO’s BaaS system. A big problem with regular charging stations is that their cost of electrici","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO has unique characteristics that make it a superior player in the EV sector.</li>\n <li>The company could find new avenues of monetization through BaaS and software licensing.</li>\n <li>NIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174 by 2023-24.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e73b2f5c2c6359610a15264530773421\" tg-width=\"768\" tg-height=\"461\"><span>Eoneren/E+ via Getty ImagesThesis Summary</span></p>\n<p>NIO Inc.,(NYSE:NIO)is a fast-growing Chinese EV company with some very unique characteristics. Despite its youth and relatively small size in terms of global EV sales, NIO looks like it could one day be one of the most relevant companies in the EV sector. NIO is much more than just an EV car manufacturer, as it is also one of the most innovative companies in the space. Revolutions in charging technology and proprietary software should help NIO establish a moat, a unique selling point and can potentially create new revenue sources.</p>\n<p><b>BaaS: Another Layer of Revenue</b></p>\n<p>I have already talked extensively about NIO’s core business in previous articles. Today, I’d like to start by focusing on the implications behind one NIO’s signature characteristic: Battery-as-a-Service. (BaaS)</p>\n<p>Granted, many articles have already covered this topic too. Normally though, these focus on BaaS vs regular charging, or how BaaS technology can make NIO cars more appealing. However, in this section, I am focusing on the implications BaaS can have on NIO’s revenue, as a completely separate business, which it could one day be.</p>\n<p>NIO’s BaaS offerings have come a very long way since the company first initiated this idea. In April, the company reached a deal with Sinopec Shanghai Petrochemical Company Limited(NYSE:SHI)to create a vast network of battery swap stations. NIO aims to have over 5000 stations by 2024. Furthermore, the latest iteration of the BaaS charging system allows car-owners to swap the battery for a fully charged one in minutes and without even needing to exit their car. BaaS is the fastest way to achieve the level of convenience we have when refueling traditional gas cars, and it may perhaps be the only way.</p>\n<p>So, the question is; Can NIO monetize its BaaS, and if so how would this look? The short answer to this question is yes. Ford Motors, Inc(NYSE:F)has already entered a deal with NIO to make use of NIO’s charging infrastructure.</p>\n<p>Having said this, charging stations today are for the most part unprofitable. But these work a bit different from NIO’s BaaS system. A big problem with regular charging stations is that their cost of electricity is much higher than what you would pay if you charged your car at home during the night. BaaS, however, works around this, since the replacement batteries could be charged anywhere. On top of that, what we do know is that NIO will stand to benefit a lot more from this line of business thanks to government subsidies. It has been openly stated by the CCP that China is moving away from consumer-focused subsidies, in favour of infrastructure based subsidies.</p>\n<p>It’s still early days, but if BaaS takes off, and other producers focus on this model, NIO could stand to gain a lot from this by being a source of infrastructure and technology. For example, NIO could play a key role in providing the necessary charging infrastructure for Europe, a market which it is just recently entering.</p>\n<p><b>NIO: Monetizing knowledge</b></p>\n<p>The other key area where NIO excels, and many may not realize it, is technology and knowledge. Let’s make this clear with some numbers.</p>\n<p>According to data from Tencent Tech, NIO has 2768 patents in China, 204 in Europe and 193 patents in the United States. 1208 of the patents held in China are “innovation patents”. This is a significant fact, because “innovation patents” as classified by the Chinese are the ones whose content can be considered “groundbreaking”. To put these numbers into perspective, NIO holds more patents than rivals like Li Auto Inc.(NASDAQ:LI)and Xpeng Inc [XVEP].</p>\n<p>Diving deeper into these patents, we can see that most of these patents are related to the above-mentioned battery swap technology. Another hot topic of research today is autonomous driving. In this field, NIO has 47 patents, 64% of which are still pending. This is quite a small number if we compare it to Baidu, Inc(NASDAQ:BIDU), which boasts 632 patents. Lastly, I will note that I think one of the most successful areas where NIO is innovating is in terms of design and user interface/software. For example, the NIO ET7 features an `intelligent cockpit”, which is powered by NOMI, NIO’s artificial intelligence.</p>\n<p>What I am trying to say is that perhaps what some see as NIO’s weakness, could be one of its biggest strengths. Many analysts seem to have a problem with the fact that NIO doesn’t make its cars, but this aspect of the car business is becoming less and less relevant. The CEO of NVIDIA Corporation(NASDAQ:NVDA) has been quoted as saying that by 2025, cars will be sold at cost price, and it will be software sales that will provide these manufacturers revenue.</p>\n<p>It seems like the traditional car is going the way of smartphones. Putting together the components is perhaps the least important of the value-adding activities here. What’s most relevant is the operating system and the value of the brand. NIO shines in both of these areas, and this is perhaps another way in which we could say NIO is quite similar to Apple Inc(NASDAQ:AAPL).</p>\n<p><b>Valuation</b></p>\n<p>I believe the above are two strong points that highlight that NIO has potential way beyond the production of cars. Having said this, it is very hard to quantify how these advancements in innovation will change NIO’s revenues and profitability in the future. What I propose here is a valuation where we value NIO at its most basic level, through revenues achieved from car sales. However, I will defend that the P/S multiple will remain much higher than that of its “peers” given the reasons stated above.</p>\n<p>Now, let’s start with revenues and sales. At its most core level, we can predict NIO’s revenues by looking at how many cars it will produce in the next few years, and we have a good idea of what this could be. Recently, NIO renewed its manufacturing agreement with Jianghuai Automobile Group [JAC]. Supposedly, the company will be doubling its production capacity to around 240.000 units per year, at least until May 2024.</p>\n<p>Therefore, a very simple forecast of NIO’s revenues could be made based on this simple production fact. In the next 3 years, NIO will have the capacity to produce 720.000 new cars. Will they be able to sell them all? In 2020, NIO sold 43,728 vehicles. Forwards growth estimates have NIO doubling in revenue in the next year, which, assuming all revenues come from car sales and the price stays the same, would mean selling 87.456 units. If we pulled back growth to around 80% for 2022 and 50% for 2023, we would have corresponding sales of 157,420 and 236,132. This kind of growth is close to current estimates, and fits in quite nicely with NIO’s plans, since it seems like, by the end of this period, when the manufacturing agreement ends, NIO would be selling at near full capacity. The important point I am trying to make here is that given this recent deal, investors should not be worried about NIO’s production constraints. Furthermore, it doesn’t seem like NIO will struggle from the demand side, especially as it plans to enter the European EV market.</p>\n<p>Now, the second point I will argue in this valuation, is that, given the changes in how the EV sector is shaping up, we should not apply industry multiples to a stock like NIO. In my previous article on the company, I did this and forecasted a price for 2030 of up to $400/share. However, a case can be made that NIO should command a premium in valuation. This is because the company is, quite literally, not making cars. Rather, it’s developing a brand, proprietary technology and also changing how we think about charging.</p>\n<p>Creating batteries for cars is a business in and of itself. A successful company in this sector is Contemporary Amperex Technology [CATL]. According to data from Market Screener,this company has an operating margin of 13%, grew revenues by 250% last year and trades at a P/E of 114 and a P/S of around 25.</p>\n<p>On the other hand, as car manufacturers begin to focus on delivering cars with an integrated operating system and software, we may see company’s like NIO trade at valuation multiples more in line with that of SaaS companies. Companies that sell software, like Adobe, Inc.(NASDAQ:ADBE)or Salesforce.com(NYSE:CRM)trade at P/S multiples of 15-20.</p>\n<p>If NIO were to sell 236,132 cars in 2023-2024 at an average price of $57,000, it would bring in $13,440 million in revenue. Assuming no dilution, this would imply roughly $10.25 of revenue/share. Given the fact that NIO could also begin to monetize its BaaS offerings, and that the company could even license its software and technology to other players, I feel like today’s P/S of 17 should be maintained, if not expanded. Growth may slow down, but we have to put a value on the assets NIO has in the form of patents and technology.</p>\n<p>In conclusion, my price target for NIO would be $174/share by the end of 2023.</p>\n<p><b>Risks</b></p>\n<p>Having said this, there are some potential risks that the company faces in today’s environment. Firstly, and even though I see this mostly as a strength, not having its own manufacturing facilities can be seen as a disadvantage. If push comes to shove, JAC could refuse to honour their manufacturing contract, though I am sure this would be expensive.</p>\n<p>On another note, it is still not clear how widely adopted BaaS technology will be. Traditional charging spots are getting more advanced and, thanks to renewable sources of energy, such as solar, these charging stations could soon provide much more competitive charging rates. Clearly, NIO will have to partner up with other manufacturers to make BaaS a worldwide reality.</p>\n<p>Lastly, it is worth mentioning that, despite the high growth and improving profitability, it is very much on the cards to see further shareholder dilution, something which the valuation above did not account for.</p>\n<p><b>Takeaway</b></p>\n<p>NIO’s success over the last few years will ultimately be what makes the company successful in the future. NIO has found a way to innovate left, right and centre. It has changed the concept of charging through BaaS. It has also executed this innovation by building battery swap stations that are incredibly fast. It has innovated in terms of software and style, and I do not doubt that the company will continue to do so in the future. Ultimately, NIO is much more than an EV manufacturer and should be valued as such.</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>NIO: One EV Company To Rule Them All</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\">\nNIO: One EV Company To Rule Them All\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 09:57 GMT+8 <a href=https://seekingalpha.com/article/4434788-nio-one-ev-company-to-rule-them-all><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO has unique characteristics that make it a superior player in the EV sector.\nThe company could find new avenues of monetization through BaaS and software licensing.\nNIO commands high ...</p>\n\n<a href=\"https://seekingalpha.com/article/4434788-nio-one-ev-company-to-rule-them-all\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4434788-nio-one-ev-company-to-rule-them-all","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140305126","content_text":"Summary\n\nNIO has unique characteristics that make it a superior player in the EV sector.\nThe company could find new avenues of monetization through BaaS and software licensing.\nNIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174 by 2023-24.\n\nEoneren/E+ via Getty ImagesThesis Summary\nNIO Inc.,(NYSE:NIO)is a fast-growing Chinese EV company with some very unique characteristics. Despite its youth and relatively small size in terms of global EV sales, NIO looks like it could one day be one of the most relevant companies in the EV sector. NIO is much more than just an EV car manufacturer, as it is also one of the most innovative companies in the space. Revolutions in charging technology and proprietary software should help NIO establish a moat, a unique selling point and can potentially create new revenue sources.\nBaaS: Another Layer of Revenue\nI have already talked extensively about NIO’s core business in previous articles. Today, I’d like to start by focusing on the implications behind one NIO’s signature characteristic: Battery-as-a-Service. (BaaS)\nGranted, many articles have already covered this topic too. Normally though, these focus on BaaS vs regular charging, or how BaaS technology can make NIO cars more appealing. However, in this section, I am focusing on the implications BaaS can have on NIO’s revenue, as a completely separate business, which it could one day be.\nNIO’s BaaS offerings have come a very long way since the company first initiated this idea. In April, the company reached a deal with Sinopec Shanghai Petrochemical Company Limited(NYSE:SHI)to create a vast network of battery swap stations. NIO aims to have over 5000 stations by 2024. Furthermore, the latest iteration of the BaaS charging system allows car-owners to swap the battery for a fully charged one in minutes and without even needing to exit their car. BaaS is the fastest way to achieve the level of convenience we have when refueling traditional gas cars, and it may perhaps be the only way.\nSo, the question is; Can NIO monetize its BaaS, and if so how would this look? The short answer to this question is yes. Ford Motors, Inc(NYSE:F)has already entered a deal with NIO to make use of NIO’s charging infrastructure.\nHaving said this, charging stations today are for the most part unprofitable. But these work a bit different from NIO’s BaaS system. A big problem with regular charging stations is that their cost of electricity is much higher than what you would pay if you charged your car at home during the night. BaaS, however, works around this, since the replacement batteries could be charged anywhere. On top of that, what we do know is that NIO will stand to benefit a lot more from this line of business thanks to government subsidies. It has been openly stated by the CCP that China is moving away from consumer-focused subsidies, in favour of infrastructure based subsidies.\nIt’s still early days, but if BaaS takes off, and other producers focus on this model, NIO could stand to gain a lot from this by being a source of infrastructure and technology. For example, NIO could play a key role in providing the necessary charging infrastructure for Europe, a market which it is just recently entering.\nNIO: Monetizing knowledge\nThe other key area where NIO excels, and many may not realize it, is technology and knowledge. Let’s make this clear with some numbers.\nAccording to data from Tencent Tech, NIO has 2768 patents in China, 204 in Europe and 193 patents in the United States. 1208 of the patents held in China are “innovation patents”. This is a significant fact, because “innovation patents” as classified by the Chinese are the ones whose content can be considered “groundbreaking”. To put these numbers into perspective, NIO holds more patents than rivals like Li Auto Inc.(NASDAQ:LI)and Xpeng Inc [XVEP].\nDiving deeper into these patents, we can see that most of these patents are related to the above-mentioned battery swap technology. Another hot topic of research today is autonomous driving. In this field, NIO has 47 patents, 64% of which are still pending. This is quite a small number if we compare it to Baidu, Inc(NASDAQ:BIDU), which boasts 632 patents. Lastly, I will note that I think one of the most successful areas where NIO is innovating is in terms of design and user interface/software. For example, the NIO ET7 features an `intelligent cockpit”, which is powered by NOMI, NIO’s artificial intelligence.\nWhat I am trying to say is that perhaps what some see as NIO’s weakness, could be one of its biggest strengths. Many analysts seem to have a problem with the fact that NIO doesn’t make its cars, but this aspect of the car business is becoming less and less relevant. The CEO of NVIDIA Corporation(NASDAQ:NVDA) has been quoted as saying that by 2025, cars will be sold at cost price, and it will be software sales that will provide these manufacturers revenue.\nIt seems like the traditional car is going the way of smartphones. Putting together the components is perhaps the least important of the value-adding activities here. What’s most relevant is the operating system and the value of the brand. NIO shines in both of these areas, and this is perhaps another way in which we could say NIO is quite similar to Apple Inc(NASDAQ:AAPL).\nValuation\nI believe the above are two strong points that highlight that NIO has potential way beyond the production of cars. Having said this, it is very hard to quantify how these advancements in innovation will change NIO’s revenues and profitability in the future. What I propose here is a valuation where we value NIO at its most basic level, through revenues achieved from car sales. However, I will defend that the P/S multiple will remain much higher than that of its “peers” given the reasons stated above.\nNow, let’s start with revenues and sales. At its most core level, we can predict NIO’s revenues by looking at how many cars it will produce in the next few years, and we have a good idea of what this could be. Recently, NIO renewed its manufacturing agreement with Jianghuai Automobile Group [JAC]. Supposedly, the company will be doubling its production capacity to around 240.000 units per year, at least until May 2024.\nTherefore, a very simple forecast of NIO’s revenues could be made based on this simple production fact. In the next 3 years, NIO will have the capacity to produce 720.000 new cars. Will they be able to sell them all? In 2020, NIO sold 43,728 vehicles. Forwards growth estimates have NIO doubling in revenue in the next year, which, assuming all revenues come from car sales and the price stays the same, would mean selling 87.456 units. If we pulled back growth to around 80% for 2022 and 50% for 2023, we would have corresponding sales of 157,420 and 236,132. This kind of growth is close to current estimates, and fits in quite nicely with NIO’s plans, since it seems like, by the end of this period, when the manufacturing agreement ends, NIO would be selling at near full capacity. The important point I am trying to make here is that given this recent deal, investors should not be worried about NIO’s production constraints. Furthermore, it doesn’t seem like NIO will struggle from the demand side, especially as it plans to enter the European EV market.\nNow, the second point I will argue in this valuation, is that, given the changes in how the EV sector is shaping up, we should not apply industry multiples to a stock like NIO. In my previous article on the company, I did this and forecasted a price for 2030 of up to $400/share. However, a case can be made that NIO should command a premium in valuation. This is because the company is, quite literally, not making cars. Rather, it’s developing a brand, proprietary technology and also changing how we think about charging.\nCreating batteries for cars is a business in and of itself. A successful company in this sector is Contemporary Amperex Technology [CATL]. According to data from Market Screener,this company has an operating margin of 13%, grew revenues by 250% last year and trades at a P/E of 114 and a P/S of around 25.\nOn the other hand, as car manufacturers begin to focus on delivering cars with an integrated operating system and software, we may see company’s like NIO trade at valuation multiples more in line with that of SaaS companies. Companies that sell software, like Adobe, Inc.(NASDAQ:ADBE)or Salesforce.com(NYSE:CRM)trade at P/S multiples of 15-20.\nIf NIO were to sell 236,132 cars in 2023-2024 at an average price of $57,000, it would bring in $13,440 million in revenue. Assuming no dilution, this would imply roughly $10.25 of revenue/share. Given the fact that NIO could also begin to monetize its BaaS offerings, and that the company could even license its software and technology to other players, I feel like today’s P/S of 17 should be maintained, if not expanded. Growth may slow down, but we have to put a value on the assets NIO has in the form of patents and technology.\nIn conclusion, my price target for NIO would be $174/share by the end of 2023.\nRisks\nHaving said this, there are some potential risks that the company faces in today’s environment. Firstly, and even though I see this mostly as a strength, not having its own manufacturing facilities can be seen as a disadvantage. If push comes to shove, JAC could refuse to honour their manufacturing contract, though I am sure this would be expensive.\nOn another note, it is still not clear how widely adopted BaaS technology will be. Traditional charging spots are getting more advanced and, thanks to renewable sources of energy, such as solar, these charging stations could soon provide much more competitive charging rates. Clearly, NIO will have to partner up with other manufacturers to make BaaS a worldwide reality.\nLastly, it is worth mentioning that, despite the high growth and improving profitability, it is very much on the cards to see further shareholder dilution, something which the valuation above did not account for.\nTakeaway\nNIO’s success over the last few years will ultimately be what makes the company successful in the future. NIO has found a way to innovate left, right and centre. It has changed the concept of charging through BaaS. It has also executed this innovation by building battery swap stations that are incredibly fast. It has innovated in terms of software and style, and I do not doubt that the company will continue to do so in the future. Ultimately, NIO is much more than an EV manufacturer and should be valued as such.","news_type":1},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165397157,"gmtCreate":1624093462179,"gmtModify":1703828719920,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/165397157","repostId":"2144086770","repostType":4,"repost":{"id":"2144086770","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624062134,"share":"https://ttm.financial/m/news/2144086770?lang=&edition=fundamental","pubTime":"2021-06-19 08:22","market":"us","language":"en","title":"Largest Boeing 737 MAX model takes off on maiden flight","url":"https://stock-news.laohu8.com/highlight/detail?id=2144086770","media":"Reuters","summary":"RENTON, Wash., June 18 (Reuters) - Boeing Co's 737 MAX 10, the largest member of its best-selling si","content":"<p>RENTON, Wash., June 18 (Reuters) - Boeing Co's 737 MAX 10, the largest member of its best-selling single-aisle airplane family, took off on its maiden flight on Friday, in a further step toward recovering from the safety grounding of a smaller model.</p>\n<p>The plane completed a roughly 2-1/2-hour flight over Washington State, returning to Renton Municipal Airport near Seattle at 12:38 p.m.</p>\n<p>The first flight heralds months of testing and safety certification work before the jet is expected to enter service in 2023.</p>\n<p>In an unusual departure from the PR buzz surrounding first flights, the event was kept low-key as Boeing tries to navigate overlapping crises caused by a 20-month grounding in the wake of two crashes and the COVID-19 pandemic.</p>\n<p>Boeing's 230-seat 737-10 is designed to close the gap between its 178-to-220-seat 737-9, and Airbus's 185-to-240-seat A321neo, which dominates the top end of the narrowbody jet market, worth some $3.5 trillion over 20 years.</p>\n<p>However, the market opportunity for the 737 MAX 10 is constrained by the jet's range of about 3,300 nautical miles (6,100 km), which falls short of the A321neo's roughly 4,000 nm.</p>\n<p>Boeing must also complete safety certification of the plane under a tougher regulatory climate following two fatal crashes of a smaller 737 MAX version grounded the model for nearly two years - with a safety ban still in place in China.</p>\n<p>Boeing has carried out design and training changes on the MAX family, which returned to U.S. operations in December.</p>\n<p>Boeing Commercial Airplanes CEO Stan Deal said the company is producing about 16 737 MAX jets a month at its Renton factory.</p>\n<p>Boeing is working on safety enhancements for the 737 MAX 10, including for its air data indication system and adding a third cockpit indication requested by European regulators of the \"angle of attack,\" a parameter needed to avoid stalling or losing lift. Deal’s comments were provided to the media via a pool reporter inside a Boeing aircraft delivery center.</p>\n<p>\"We're going to take our time on this certification,\" Deal said.</p>\n<p>While the smaller MAX 8 is Boeing's fastest-selling jet, slow sales of the MAX 9 and 10 models have put Boeing at a disadvantage to the A321neo.</p>\n<p>Boeing has abandoned plans to tinker with the 737 MAX 10 design, but is weighing a bolder plan to replace the single-aisle 757, which overlaps with the top end of the MAX family.</p>\n<p>Even so, Boeing says it is confident in the MAX 10, and it is stepping up efforts to sell more of the jet, with key targets, including Ireland's Ryanair .</p>\n<p>Customers include United Airlines with 100 on order. Although sources say United is weighing a new order for at least 100 or even up to 200 MAX, its requirement for large single-aisles will be served by Airbus - reinforcing the market split.</p>\n<p>The flight, watched by dozens of employees but virtually no visitors as Boeing sought to downplay the event, showcased a revamped landing gear system illustrating an industry battle to squeeze as much mileage as possible out of the current generation of single-aisles.</p>\n<p>It raises the landing gear's height during take-off and landing, a design needed to compensate for the MAX 10's extra length and prevent the tail scraping the runway on take-off.</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>Largest Boeing 737 MAX model takes off on maiden flight</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\">\nLargest Boeing 737 MAX model takes off on maiden flight\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-19 08:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>RENTON, Wash., June 18 (Reuters) - Boeing Co's 737 MAX 10, the largest member of its best-selling single-aisle airplane family, took off on its maiden flight on Friday, in a further step toward recovering from the safety grounding of a smaller model.</p>\n<p>The plane completed a roughly 2-1/2-hour flight over Washington State, returning to Renton Municipal Airport near Seattle at 12:38 p.m.</p>\n<p>The first flight heralds months of testing and safety certification work before the jet is expected to enter service in 2023.</p>\n<p>In an unusual departure from the PR buzz surrounding first flights, the event was kept low-key as Boeing tries to navigate overlapping crises caused by a 20-month grounding in the wake of two crashes and the COVID-19 pandemic.</p>\n<p>Boeing's 230-seat 737-10 is designed to close the gap between its 178-to-220-seat 737-9, and Airbus's 185-to-240-seat A321neo, which dominates the top end of the narrowbody jet market, worth some $3.5 trillion over 20 years.</p>\n<p>However, the market opportunity for the 737 MAX 10 is constrained by the jet's range of about 3,300 nautical miles (6,100 km), which falls short of the A321neo's roughly 4,000 nm.</p>\n<p>Boeing must also complete safety certification of the plane under a tougher regulatory climate following two fatal crashes of a smaller 737 MAX version grounded the model for nearly two years - with a safety ban still in place in China.</p>\n<p>Boeing has carried out design and training changes on the MAX family, which returned to U.S. operations in December.</p>\n<p>Boeing Commercial Airplanes CEO Stan Deal said the company is producing about 16 737 MAX jets a month at its Renton factory.</p>\n<p>Boeing is working on safety enhancements for the 737 MAX 10, including for its air data indication system and adding a third cockpit indication requested by European regulators of the \"angle of attack,\" a parameter needed to avoid stalling or losing lift. Deal’s comments were provided to the media via a pool reporter inside a Boeing aircraft delivery center.</p>\n<p>\"We're going to take our time on this certification,\" Deal said.</p>\n<p>While the smaller MAX 8 is Boeing's fastest-selling jet, slow sales of the MAX 9 and 10 models have put Boeing at a disadvantage to the A321neo.</p>\n<p>Boeing has abandoned plans to tinker with the 737 MAX 10 design, but is weighing a bolder plan to replace the single-aisle 757, which overlaps with the top end of the MAX family.</p>\n<p>Even so, Boeing says it is confident in the MAX 10, and it is stepping up efforts to sell more of the jet, with key targets, including Ireland's Ryanair .</p>\n<p>Customers include United Airlines with 100 on order. Although sources say United is weighing a new order for at least 100 or even up to 200 MAX, its requirement for large single-aisles will be served by Airbus - reinforcing the market split.</p>\n<p>The flight, watched by dozens of employees but virtually no visitors as Boeing sought to downplay the event, showcased a revamped landing gear system illustrating an industry battle to squeeze as much mileage as possible out of the current generation of single-aisles.</p>\n<p>It raises the landing gear's height during take-off and landing, a design needed to compensate for the MAX 10's extra length and prevent the tail scraping the runway on take-off.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144086770","content_text":"RENTON, Wash., June 18 (Reuters) - Boeing Co's 737 MAX 10, the largest member of its best-selling single-aisle airplane family, took off on its maiden flight on Friday, in a further step toward recovering from the safety grounding of a smaller model.\nThe plane completed a roughly 2-1/2-hour flight over Washington State, returning to Renton Municipal Airport near Seattle at 12:38 p.m.\nThe first flight heralds months of testing and safety certification work before the jet is expected to enter service in 2023.\nIn an unusual departure from the PR buzz surrounding first flights, the event was kept low-key as Boeing tries to navigate overlapping crises caused by a 20-month grounding in the wake of two crashes and the COVID-19 pandemic.\nBoeing's 230-seat 737-10 is designed to close the gap between its 178-to-220-seat 737-9, and Airbus's 185-to-240-seat A321neo, which dominates the top end of the narrowbody jet market, worth some $3.5 trillion over 20 years.\nHowever, the market opportunity for the 737 MAX 10 is constrained by the jet's range of about 3,300 nautical miles (6,100 km), which falls short of the A321neo's roughly 4,000 nm.\nBoeing must also complete safety certification of the plane under a tougher regulatory climate following two fatal crashes of a smaller 737 MAX version grounded the model for nearly two years - with a safety ban still in place in China.\nBoeing has carried out design and training changes on the MAX family, which returned to U.S. operations in December.\nBoeing Commercial Airplanes CEO Stan Deal said the company is producing about 16 737 MAX jets a month at its Renton factory.\nBoeing is working on safety enhancements for the 737 MAX 10, including for its air data indication system and adding a third cockpit indication requested by European regulators of the \"angle of attack,\" a parameter needed to avoid stalling or losing lift. Deal’s comments were provided to the media via a pool reporter inside a Boeing aircraft delivery center.\n\"We're going to take our time on this certification,\" Deal said.\nWhile the smaller MAX 8 is Boeing's fastest-selling jet, slow sales of the MAX 9 and 10 models have put Boeing at a disadvantage to the A321neo.\nBoeing has abandoned plans to tinker with the 737 MAX 10 design, but is weighing a bolder plan to replace the single-aisle 757, which overlaps with the top end of the MAX family.\nEven so, Boeing says it is confident in the MAX 10, and it is stepping up efforts to sell more of the jet, with key targets, including Ireland's Ryanair .\nCustomers include United Airlines with 100 on order. Although sources say United is weighing a new order for at least 100 or even up to 200 MAX, its requirement for large single-aisles will be served by Airbus - reinforcing the market split.\nThe flight, watched by dozens of employees but virtually no visitors as Boeing sought to downplay the event, showcased a revamped landing gear system illustrating an industry battle to squeeze as much mileage as possible out of the current generation of single-aisles.\nIt raises the landing gear's height during take-off and landing, a design needed to compensate for the MAX 10's extra length and prevent the tail scraping the runway on take-off.","news_type":1},"isVote":1,"tweetType":1,"viewCount":583,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183880878,"gmtCreate":1623321243794,"gmtModify":1704200827185,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/183880878","repostId":"1156471121","repostType":4,"repost":{"id":"1156471121","pubTimestamp":1623319150,"share":"https://ttm.financial/m/news/1156471121?lang=&edition=fundamental","pubTime":"2021-06-10 17:59","market":"us","language":"en","title":"7 Movie Stocks Ready for the #AMCArmy’s Finale","url":"https://stock-news.laohu8.com/highlight/detail?id=1156471121","media":"InvestorPlace","summary":"These seven stocks are looking to rebound this summer as people return to seeing films in theaters.\n","content":"<blockquote>\n <b>These seven stocks are looking to rebound this summer as people return to seeing films in theaters.</b>\n</blockquote>\n<p>The epic rally in<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>) stock has a lot of people fatigued. And like allmeme stock rallies, the latest one involving movie theatre chain AMC is likely to end in spectacular fashion. In one week, AMC stock rallied 157% higher, dropped 33% and then rose again by 25%.</p>\n<p>It’s been quite the rollercoaster. And what has driven the #AMCArmy of retail investors to push the share price sky high has been the fact that the world’s largest movie theatre chain was brought to theedge of bankruptcyby the Covid-19 pandemic. That, and the stock has been one of the most heavily shorted on Wall Street this year.</p>\n<p>But AMC’s problems are not unique. The entire movie industry, from production to exhibition, has beendevastated by the pandemicand many companies have struggled just like AMC.</p>\n<p>Here are seven movie stocks ready for the #AMCArmy finale.</p>\n<ul>\n <li><b>Cineplex</b>(OTCMKTS:<b><u>CPXGF</u></b>)</li>\n <li><b>Walt Disney</b>(NYSE:<b><u>DIS</u></b>)</li>\n <li><b>Lions Gate Entertainment</b>(NYSE:<b><u>LGF.A</u></b>)</li>\n <li><b>Netflix</b>(NASDAQ:<b><u>NFLX</u></b>)</li>\n <li><b>Cinemark Holdings</b>(NYSE:<b><u>CNK</u></b>)</li>\n <li><b>IMAX</b>(NYSE:<b><u>IMAX</u></b>)</li>\n <li><b>Marcus Corporation</b>(NYSE:<b><u>MCS</u></b>)</li>\n</ul>\n<p><b>Movie Stocks: Cineplex (CPXGF)</b><img src=\"https://static.tigerbbs.com/48b5992b0e1c313b454912d58ba0c08d\" tg-width=\"300\" tg-height=\"165\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>Toronto-based Cineplex, which operates more than 165 movie theatres across Canada, has been in business since Charlie Chaplin was making silent pictures. And, like AMC and other movie theatre chains, Cineplex has had a tough go of it during the pandemic.</p>\n<p>CPXGFstock is now tradingat $13.48 a share, about half the $25.41 it was at in February 2020 before Covid-19 landed. The share price had been as low as $3.30 a share last October after the company reported its quarterly revenue plunged 95%.</p>\n<p>In addition to having its theatres shuttered for nearly a year and reopened with capacity limits, Cineplex has had to cope with a litany of other problems. First, Britain’s Cineworld Group backed out of adeal to acquire Cineplexfor $2.18 billion, a deal that would have made the merged companies the biggest operator of movie theaters in North America. Then, the company’s stock was removed fromCanada’s benchmark stock index, the<b>S&P/TSX Composite Index</b>, and it was forced to sell its its head office in Toronto for $57 million CAD ($47 million) in order to raise cash to pay down debt.</p>\n<p>At last check, Cineplex was negotiating toreceive relief from its creditorsas it eagerly awaits the start of the summer movie season.</p>\n<p><b>Walt Disney (DIS)</b><img src=\"https://static.tigerbbs.com/07f8afcac0c7c6dd3846e904c09efbf7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>DIS stock has had a great run over the past year, propped up by the meteoric rise of the company’s Disney+ streaming service. The Walt Disney streaming service that is home to popular film and television franchises such as Star Wars, Marvel superheroes and Pixar animation grew to103.6 million subscriberswithin 18 months of launching and kept the Mouse House afloat during the pandemic while its theme parks and cruise lines were closed.</p>\n<p>However, the shine has come off DIS stock recently over concerns that growth in the company’s streaming service will now begin to slow.</p>\n<p>However, asa diversified company, Walt Disney should perform well as its theme parks around the world reopen this summer, its cruises set sail again, and it begins developing new content for the Disney+ platform. And, the company hopes to keep its growth in streaming robust by bundling Disney+ with other content offerings that include the sports-related ESPN Plus platform and movies and TV shows offered through Hulu, both of which Disney owns. With so much diversification, it likely won’t be long before DIS stock recovers and tests new highs.</p>\n<p>DIS stock is currently at $176.81, down 13% from its 52-week high of $203.02 a share reached in March.</p>\n<p><b>Lions Gate Entertainment (LGF.A)</b><img src=\"https://static.tigerbbs.com/07033460d0624cdd53042a5aa7052595\" tg-width=\"300\" tg-height=\"199\" referrerpolicy=\"no-referrer\">Source: ©iStock.com/diego_cervo</p>\n<p>Lions Gate Entertainment is a producer of popular films and TV programs, including the<i>Hunger Games</i>,<i>John Wick</i>and<i>Saw</i>movie franchises and the Emmy Award-winning TV series<i>Mad Men</i>. The company that started life in Vancouver, British Columbia in 1997, Lions Gate is today headquartered in Santa Monica, California. Coming out of the pandemic, CEO Jon Feltheimer islooking to be acquiredby a larger studio.</p>\n<p>Investment bank<b>Loop Capital</b>has put a price target on Lions Gate of $8 billion and said any acquirer would get arich catalogueof content that also includes the<i>John Wick</i>and<i>Expendables</i>movie series, as well as TV shows such as<i>Nurse Jackie</i>,<i>Nashville</i>and<i>Weeds</i>. However, this isn’t the first time that Lions Gate hasput out a ‘for sale’ sign. The company held talks in 2018 with<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) and<b>Comcast</b>(NASDAQ:<b><u>CMCSA</u></b>)about a possible acquisition, though nothing ultimately came from the discussions.</p>\n<p>LGF.A stock has had a strong run, up 82% year-to-date to $20.21 a share.</p>\n<p><b>Netflix (NFLX)</b><img src=\"https://static.tigerbbs.com/55a3532d6172fc7628916587da288c86\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Riccosta / Shutterstock.com</p>\n<p>NFLX stock has beenunder pressurelately as fears grow that the boost the company received during the pandemic is over. Netflix’s most recent earnings results did nothing to ease the fears of Wall Street. The Silicon Valley-based streaming giant reported on April 20 that it added 3.98 million subscribers in the first quarter, missing Wall Street’s estimate of 6.29 million subscribers and its own forecast of 6 million.</p>\n<p>The current quarter looks even worse with Netflix forecasting only a million new customers worldwide, less than a quarter of the 4.44 million forecast by analysts.</p>\n<p>To be fair, Netflix is largely a victim of its own success. After adding more than20 million new subscriberslast year (2020), growth was bound to level off at some point. Today, Netflix has nearly 208 million subscribers worldwide. Netflix’s subscriber growth has also been hurt by a lack of new content as TV and movie productions were halted during the pandemic.</p>\n<p>The company hopes to release a glut of new content later this year and is targeting Asia, where subscriptions grew 65% last year, for continued growth.</p>\n<p>NFLX stock has fallen 11.6% since its last quarterly results release and now trades at $485.81 a share.</p>\n<p><b>Cinemark Holdings (CNK)</b><img src=\"https://static.tigerbbs.com/9e9adffdcac440f98a123a3874db0146\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: LukeandKarla.Travel/Shutterstock.com</p>\n<p>Another major U.S. movie theatre chain besides AMC is Plano, Texas-based Cinemark Holdings. Founded in 1961, Cinemark operates movie theatres under several brands, including Cinemark, Century Theatres and Tinseltown. The company is also global with operations as far afield as Taiwan and Brazil. At its current price of $23.21 a share,CNK stockis currently at about half the $40 a share it was trading at in the summer before the global pandemic.</p>\n<p>Cinemark Holdingsrevenue got hammeredover the past year as its theatres around the world were shut. Revenues for 2020 came in at $700 million, down 80% from $3.3 billion in 2019. Losses for last year came in at record $5.25 per share.</p>\n<p>Things are beginning to improve as Covid-19 vaccination rates accelerate and with aslate of blockbuster movieson deck for the coming summer months. However, currently the majority of Cinemark Holdings theatres are operating at 50% capacity as pandemic restrictions remain in place in most jurisdictions.</p>\n<p><b>IMAX (IMAX)</b><img src=\"https://static.tigerbbs.com/32ee2bd29b44f561b3e38ce1867198f8\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: imageAllan / Shutterstock.com</p>\n<p>Canadian theatre company IMAX Corporation, which makes giant movie screens and the films that are shown on them, is another company that will be glad to see both the pandemic and the AMC stock rally end.</p>\n<p>Investment bank<b>Goldman Sachs</b>(NYSE:<b><u>GS</u></b>) recentlydowngraded IMAX stockto “sell” from “neutral” and lowered its 12-month price target on the shares to $18.60, which would be a 16% drop from the current share price of $22.04.</p>\n<p>Goldman forecasts that the U.S. box office will only recover to about three-quarters of its pre-pandemic levels, noting that movie theater attendance had been in decline before the pandemic. The bank also warned that a glut of new theatrical releases will lead new movies to cannibalize each other this summer.</p>\n<p>Despite the negative sentiment, IMAX remains hopeful. Pre-sales of the IMAX version of the upcoming<i>Fast & Furious</i>film (the ninth in that series) recentlyset a record in China, one of IMAX’s biggest markets globally.</p>\n<p><b>Marcus Corp. (MCS)</b><img src=\"https://static.tigerbbs.com/8fdb7f52844c139b36c32ccbbcdfe167\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Shutterstock</p>\n<p>Regional operator Marcus Corp. is the fourth-largest movie theatre operator in America. Its1,110 screensare primarily located in Wisconsin, Illinois, Iowa, Minnesota and Nebraska. The Milwaukee, Wisconsin-based company also owns 17 hotels and resorts in the Midwest, as well as California and Texas.</p>\n<p>The company’s first-quarter revenue came in at $50.8 million, 69% less than last year’s comparable revenue of $159.5 million.</p>\n<p>However, Marcus’ cash position remains strong, with the company reporting cash reserves of $213 million at the end ofthis year’ first quarter. Still, the pandemic has taken a toll on Marcus’ business and share price. MCS stock has traded as low as $6.84 and as high as $24.71 over the past year. The share price now stands at $22.57.</p>\n<p>In early May, Marcus reported thatnearly 90% of theatreshad reopened and that it was expanding its operating days and hours as new movies begin to be released theatrically.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Movie Stocks Ready for the #AMCArmy’s Finale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Movie Stocks Ready for the #AMCArmy’s Finale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 17:59 GMT+8 <a href=https://investorplace.com/2021/06/7-movie-stocks-ready-for-the-amcarmys-finale/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These seven stocks are looking to rebound this summer as people return to seeing films in theaters.\n\nThe epic rally inAMC Entertainment(NYSE:AMC) stock has a lot of people fatigued. And like allmeme ...</p>\n\n<a href=\"https://investorplace.com/2021/06/7-movie-stocks-ready-for-the-amcarmys-finale/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","CNK":"喜满客影城","MCS":"马库斯","DIS":"迪士尼","CPXGF":"Cineplex, Inc.","IMAX":"Imax Corp"},"source_url":"https://investorplace.com/2021/06/7-movie-stocks-ready-for-the-amcarmys-finale/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156471121","content_text":"These seven stocks are looking to rebound this summer as people return to seeing films in theaters.\n\nThe epic rally inAMC Entertainment(NYSE:AMC) stock has a lot of people fatigued. And like allmeme stock rallies, the latest one involving movie theatre chain AMC is likely to end in spectacular fashion. In one week, AMC stock rallied 157% higher, dropped 33% and then rose again by 25%.\nIt’s been quite the rollercoaster. And what has driven the #AMCArmy of retail investors to push the share price sky high has been the fact that the world’s largest movie theatre chain was brought to theedge of bankruptcyby the Covid-19 pandemic. That, and the stock has been one of the most heavily shorted on Wall Street this year.\nBut AMC’s problems are not unique. The entire movie industry, from production to exhibition, has beendevastated by the pandemicand many companies have struggled just like AMC.\nHere are seven movie stocks ready for the #AMCArmy finale.\n\nCineplex(OTCMKTS:CPXGF)\nWalt Disney(NYSE:DIS)\nLions Gate Entertainment(NYSE:LGF.A)\nNetflix(NASDAQ:NFLX)\nCinemark Holdings(NYSE:CNK)\nIMAX(NYSE:IMAX)\nMarcus Corporation(NYSE:MCS)\n\nMovie Stocks: Cineplex (CPXGF)Source: Shutterstock\nToronto-based Cineplex, which operates more than 165 movie theatres across Canada, has been in business since Charlie Chaplin was making silent pictures. And, like AMC and other movie theatre chains, Cineplex has had a tough go of it during the pandemic.\nCPXGFstock is now tradingat $13.48 a share, about half the $25.41 it was at in February 2020 before Covid-19 landed. The share price had been as low as $3.30 a share last October after the company reported its quarterly revenue plunged 95%.\nIn addition to having its theatres shuttered for nearly a year and reopened with capacity limits, Cineplex has had to cope with a litany of other problems. First, Britain’s Cineworld Group backed out of adeal to acquire Cineplexfor $2.18 billion, a deal that would have made the merged companies the biggest operator of movie theaters in North America. Then, the company’s stock was removed fromCanada’s benchmark stock index, theS&P/TSX Composite Index, and it was forced to sell its its head office in Toronto for $57 million CAD ($47 million) in order to raise cash to pay down debt.\nAt last check, Cineplex was negotiating toreceive relief from its creditorsas it eagerly awaits the start of the summer movie season.\nWalt Disney (DIS)Source: Shutterstock\nDIS stock has had a great run over the past year, propped up by the meteoric rise of the company’s Disney+ streaming service. The Walt Disney streaming service that is home to popular film and television franchises such as Star Wars, Marvel superheroes and Pixar animation grew to103.6 million subscriberswithin 18 months of launching and kept the Mouse House afloat during the pandemic while its theme parks and cruise lines were closed.\nHowever, the shine has come off DIS stock recently over concerns that growth in the company’s streaming service will now begin to slow.\nHowever, asa diversified company, Walt Disney should perform well as its theme parks around the world reopen this summer, its cruises set sail again, and it begins developing new content for the Disney+ platform. And, the company hopes to keep its growth in streaming robust by bundling Disney+ with other content offerings that include the sports-related ESPN Plus platform and movies and TV shows offered through Hulu, both of which Disney owns. With so much diversification, it likely won’t be long before DIS stock recovers and tests new highs.\nDIS stock is currently at $176.81, down 13% from its 52-week high of $203.02 a share reached in March.\nLions Gate Entertainment (LGF.A)Source: ©iStock.com/diego_cervo\nLions Gate Entertainment is a producer of popular films and TV programs, including theHunger Games,John WickandSawmovie franchises and the Emmy Award-winning TV seriesMad Men. The company that started life in Vancouver, British Columbia in 1997, Lions Gate is today headquartered in Santa Monica, California. Coming out of the pandemic, CEO Jon Feltheimer islooking to be acquiredby a larger studio.\nInvestment bankLoop Capitalhas put a price target on Lions Gate of $8 billion and said any acquirer would get arich catalogueof content that also includes theJohn WickandExpendablesmovie series, as well as TV shows such asNurse Jackie,NashvilleandWeeds. However, this isn’t the first time that Lions Gate hasput out a ‘for sale’ sign. The company held talks in 2018 withAmazon(NASDAQ:AMZN) andComcast(NASDAQ:CMCSA)about a possible acquisition, though nothing ultimately came from the discussions.\nLGF.A stock has had a strong run, up 82% year-to-date to $20.21 a share.\nNetflix (NFLX)Source: Riccosta / Shutterstock.com\nNFLX stock has beenunder pressurelately as fears grow that the boost the company received during the pandemic is over. Netflix’s most recent earnings results did nothing to ease the fears of Wall Street. The Silicon Valley-based streaming giant reported on April 20 that it added 3.98 million subscribers in the first quarter, missing Wall Street’s estimate of 6.29 million subscribers and its own forecast of 6 million.\nThe current quarter looks even worse with Netflix forecasting only a million new customers worldwide, less than a quarter of the 4.44 million forecast by analysts.\nTo be fair, Netflix is largely a victim of its own success. After adding more than20 million new subscriberslast year (2020), growth was bound to level off at some point. Today, Netflix has nearly 208 million subscribers worldwide. Netflix’s subscriber growth has also been hurt by a lack of new content as TV and movie productions were halted during the pandemic.\nThe company hopes to release a glut of new content later this year and is targeting Asia, where subscriptions grew 65% last year, for continued growth.\nNFLX stock has fallen 11.6% since its last quarterly results release and now trades at $485.81 a share.\nCinemark Holdings (CNK)Source: LukeandKarla.Travel/Shutterstock.com\nAnother major U.S. movie theatre chain besides AMC is Plano, Texas-based Cinemark Holdings. Founded in 1961, Cinemark operates movie theatres under several brands, including Cinemark, Century Theatres and Tinseltown. The company is also global with operations as far afield as Taiwan and Brazil. At its current price of $23.21 a share,CNK stockis currently at about half the $40 a share it was trading at in the summer before the global pandemic.\nCinemark Holdingsrevenue got hammeredover the past year as its theatres around the world were shut. Revenues for 2020 came in at $700 million, down 80% from $3.3 billion in 2019. Losses for last year came in at record $5.25 per share.\nThings are beginning to improve as Covid-19 vaccination rates accelerate and with aslate of blockbuster movieson deck for the coming summer months. However, currently the majority of Cinemark Holdings theatres are operating at 50% capacity as pandemic restrictions remain in place in most jurisdictions.\nIMAX (IMAX)Source: imageAllan / Shutterstock.com\nCanadian theatre company IMAX Corporation, which makes giant movie screens and the films that are shown on them, is another company that will be glad to see both the pandemic and the AMC stock rally end.\nInvestment bankGoldman Sachs(NYSE:GS) recentlydowngraded IMAX stockto “sell” from “neutral” and lowered its 12-month price target on the shares to $18.60, which would be a 16% drop from the current share price of $22.04.\nGoldman forecasts that the U.S. box office will only recover to about three-quarters of its pre-pandemic levels, noting that movie theater attendance had been in decline before the pandemic. The bank also warned that a glut of new theatrical releases will lead new movies to cannibalize each other this summer.\nDespite the negative sentiment, IMAX remains hopeful. Pre-sales of the IMAX version of the upcomingFast & Furiousfilm (the ninth in that series) recentlyset a record in China, one of IMAX’s biggest markets globally.\nMarcus Corp. (MCS)Source: Shutterstock\nRegional operator Marcus Corp. is the fourth-largest movie theatre operator in America. Its1,110 screensare primarily located in Wisconsin, Illinois, Iowa, Minnesota and Nebraska. The Milwaukee, Wisconsin-based company also owns 17 hotels and resorts in the Midwest, as well as California and Texas.\nThe company’s first-quarter revenue came in at $50.8 million, 69% less than last year’s comparable revenue of $159.5 million.\nHowever, Marcus’ cash position remains strong, with the company reporting cash reserves of $213 million at the end ofthis year’ first quarter. Still, the pandemic has taken a toll on Marcus’ business and share price. MCS stock has traded as low as $6.84 and as high as $24.71 over the past year. The share price now stands at $22.57.\nIn early May, Marcus reported thatnearly 90% of theatreshad reopened and that it was expanding its operating days and hours as new movies begin to be released theatrically.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163726358,"gmtCreate":1623894119774,"gmtModify":1703822780261,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Like + comment pls!","listText":"Like + comment pls!","text":"Like + comment pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/163726358","repostId":"2143379379","repostType":4,"repost":{"id":"2143379379","pubTimestamp":1623893744,"share":"https://ttm.financial/m/news/2143379379?lang=&edition=fundamental","pubTime":"2021-06-17 09:35","market":"us","language":"en","title":"These 10 Stocks Make Up 85% of Warren Buffett's Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2143379379","media":"Motley Fool","summary":"Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.","content":"<p>If you've ever wondered why <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!</p>\n<p>What's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.</p>\n<p>Another source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/601f21f3cc2f9e5524bd5d613063faa2\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>1. Apple: $115.6 billion</h2>\n<p>Tech kingpin <b>Apple</b> (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.</p>\n<h2>2. Bank of America: $43.2 billion</h2>\n<p>Bank stocks have long been Buffett's favorite place to put Berkshire's money work. <b>Bank of America</b> (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\"><span>Image source: American <a href=\"https://laohu8.com/S/EXPR\">Express</a>.</span></p>\n<h2>3. American Express: $24.9 billion</h2>\n<p>Payment processor and lender <b>American Express</b> (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.</p>\n<h2>4. Coca-Cola: $22.5 billion</h2>\n<p>Speaking of long-tenured holdings, beverage behemoth <b>Coca-Cola</b> (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc21d6aabfd53f63ded95ae16cbd64e1\" tg-width=\"700\" tg-height=\"468\"><span>Image source: Getty Images.</span></p>\n<h2>5. Kraft Heinz: $14.1 billion</h2>\n<p>There's little question that <b>Kraft Heinz</b> (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.</p>\n<h2>6. Verizon Communications: $9.1 billion</h2>\n<p>Telecommunications giant <b>Verizon</b> (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably <a href=\"https://laohu8.com/S/AONE\">one</a> of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7343c3ce7330b86321a8ec9384d4baea\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>7. U.S. Bancorp: $8.7 billion</h2>\n<p>Next to BofA, <b>U.S. Bancorp</b> (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.</p>\n<h2>8. Moody's: $8.5 billion</h2>\n<p>Credit agency and analytics company <b>Moody's</b> (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8abdae403dddfa42107e06ea5bfddf39\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>9. BYD: $6.2 billion</h2>\n<p>Back in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer <b>BYD</b> (OTC:BYDDY) for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors <b>NIO</b> and <b>XPeng</b> delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.</p>\n<h2>10. DaVita: $4.4 billion</h2>\n<p>Rounding out the top 10 is kidney dialysis services company <b>DaVita</b> (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 10 Stocks Make Up 85% of Warren Buffett's Portfolio</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\">\nThese 10 Stocks Make Up 85% of Warren Buffett's Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 09:35 GMT+8 <a href=https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","DVA":"达维塔保健","BYDDY":"比亚迪ADR","VZ":"威瑞森","KHC":"卡夫亨氏","BAC":"美国银行","BRK.A":"伯克希尔","USB":"美国合众银行","AAPL":"苹果","MCO":"穆迪","KO":"可口可乐","AXP":"美国运通"},"source_url":"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143379379","content_text":"If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!\nWhat's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.\nAnother source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\n1. Apple: $115.6 billion\nTech kingpin Apple (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.\n2. Bank of America: $43.2 billion\nBank stocks have long been Buffett's favorite place to put Berkshire's money work. Bank of America (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.\nImage source: American Express.\n3. American Express: $24.9 billion\nPayment processor and lender American Express (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.\n4. Coca-Cola: $22.5 billion\nSpeaking of long-tenured holdings, beverage behemoth Coca-Cola (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.\nImage source: Getty Images.\n5. Kraft Heinz: $14.1 billion\nThere's little question that Kraft Heinz (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.\n6. Verizon Communications: $9.1 billion\nTelecommunications giant Verizon (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably one of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.\nImage source: Getty Images.\n7. U.S. Bancorp: $8.7 billion\nNext to BofA, U.S. Bancorp (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.\n8. Moody's: $8.5 billion\nCredit agency and analytics company Moody's (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.\nImage source: Getty Images.\n9. BYD: $6.2 billion\nBack in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer BYD (OTC:BYDDY) for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors NIO and XPeng delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.\n10. DaVita: $4.4 billion\nRounding out the top 10 is kidney dialysis services company DaVita (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.","news_type":1},"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169036608,"gmtCreate":1623808625404,"gmtModify":1703820094369,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hello!","listText":"Hello!","text":"Hello!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169036608","repostId":"1120443371","repostType":4,"repost":{"id":"1120443371","pubTimestamp":1623807993,"share":"https://ttm.financial/m/news/1120443371?lang=&edition=fundamental","pubTime":"2021-06-16 09:46","market":"us","language":"en","title":"2 Stocks That Could Make You Filthy Rich","url":"https://stock-news.laohu8.com/highlight/detail?id=1120443371","media":"Motley Fool","summary":"Farfetch and Lululemon Athletica have massive growth opportunities to fuel big returns.","content":"<p>One way to spot future wealth-building stocks is to look for relatively small companies in their respective industry that have consistently posted high growth rates. Ideally, look for companies that have a much larger addressable market than their current annual revenue. This is a good indicator that the company has plenty of headroom to grow and can likely maintain its high growth rate for many years and fuel a big return for investors.</p>\n<p>Two companies that meet these criteria are <b>Farfetch Limited</b> (NYSE:FTCH), the leading global online luxury goods seller, and <b>lululemon athletica</b> (NASDAQ:LULU), an emerging juggernaut in the athletic apparel industry. Here's a brief review of their operating histories and why the future looks bright for these fast-growing companies.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7143febf47be0ef6c7669210ef218647\" tg-width=\"2000\" tg-height=\"1333\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>1. Farfetch</b></p>\n<p>Farfetch was founded in 2007 and has grown to be the leading e-commerce destination for luxury goods. From 2016 through 2020, revenue grew seven-fold to reach $1.7 billion. More growth like this will almost certainly send the stock higher over the long term, and the company is in a good competitive spot to deliver on that potential.</p>\n<p>Farfetch operates a marketplace with over 1,300 brands that sell their goods directly to consumers. As luxury spending shifts online, Farfetch offers a lot of value to luxury brands that lack the means to build their own digital platform to reach consumers globally. Farfetch does it all, handling marketing, technology, and logistics to help many small luxury brands reach shoppers they wouldn't be able to otherwise.</p>\n<p>The business is built to grow quite fast and handle adversity like pandemics. Most of the items listed for sale on Farfetch are available from multiple sellers around the world. This gives it an advantage over other luxury e-commerce stores that typically have a few distribution centers.</p>\n<p>Farfetch grew revenue by 64% in 2020, and another growth catalyst has emerged that could keep the momentum going over the next several years. Last year, Farfetch entered a joint venture with the Chinese e-commerce leader <b>Alibaba Group</b> and luxury goods maker <b>Compagnie Financiere Richemont</b> that will extend the company's reach to the fast-growing Chinese market. Farfetch will be able to expand its marketplace to Alibaba's Tmall Luxury Pavilion. This significantly improves the long-term growth outlook of Farfetch's marketplace, given the 779 million active customers on Alibaba's retail marketplaces.</p>\n<p>The main knock against Farfetch has been its accumulating net losses on the bottom line, but it's improving. In the fourth quarter of 2020, Farfetch reported its first quarter of positive operating profit, measured on an adjusted EBITDA basis. Management is forecasting the first full year of positive adjusted EBITDA for 2021.</p>\n<p>The stock price is down about 35% off its 52-week high, but the global luxury industry is valued at approximately $300 billion, providing lots of return potential for investors today. This could be a good time to consider buying shares.</p>\n<p><b>2. Lululemon</b></p>\n<p>Lululemon is a unique breed in the athletic apparel industry. Since its inception in 1998, it has grown mostly through grassroots initiatives. Revenue was just $40 million in 2004, but today, Lululemon is emerging as one of the top athletic brands in the world with revenue of $4.4 billion in fiscal 2020, and it's still going strong.</p>\n<p>Even after more than 20 years in operation, it continues to grow in North America, while expanding rapidly in China, Europe, and other regions. Last year, revenue from outside of North America made up 14% of total revenue. Management sees international growth as a big opportunity.</p>\n<p>Growing the men's business is also a top priority, where men's products comprised only 21% of total revenue last year even though the men's category has been growing faster than women's.</p>\n<p>Building on its grassroots foundation, Lululemon is continuing to invest with the focus of deepening its relationship with a loyal customer base. It acquired tech company Mirror for $500 million last year, the maker of an interactive display that offers access to workout classes from the comforts of home for a monthly subscription fee.</p>\n<p>Mirror generates a few hundred million in annual revenue right now, but the long-term benefits of the deal could be significant. By the end of this year, Lululemon plans to accelerate the monetization of the device by opening 200 shop-in-shops in Lululemon stores, just in time for the holidays.</p>\n<p>Lululemon has a market cap of $44 billion, putting its price-to-sales ratio at around 10, which isn't cheap. But consider that <b>Nike</b> has a market cap of $208 billion, and Lululemon estimates its long-term addressable market far above the $366 billion global sportswear market. That's because management sees tremendous growth potential as it enters new product categories, such as Mirror and other services.</p>\n<p>All said, Lululemon is a long-term compounding machine that could turn a small investment into a large sum.</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>2 Stocks That Could Make You Filthy Rich</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Stocks That Could Make You Filthy Rich\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 09:46 GMT+8 <a href=https://www.fool.com/investing/2021/06/15/2-stocks-that-could-make-you-filthy-rich/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One way to spot future wealth-building stocks is to look for relatively small companies in their respective industry that have consistently posted high growth rates. Ideally, look for companies that ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/15/2-stocks-that-could-make-you-filthy-rich/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LULU":"lululemon athletica"},"source_url":"https://www.fool.com/investing/2021/06/15/2-stocks-that-could-make-you-filthy-rich/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120443371","content_text":"One way to spot future wealth-building stocks is to look for relatively small companies in their respective industry that have consistently posted high growth rates. Ideally, look for companies that have a much larger addressable market than their current annual revenue. This is a good indicator that the company has plenty of headroom to grow and can likely maintain its high growth rate for many years and fuel a big return for investors.\nTwo companies that meet these criteria are Farfetch Limited (NYSE:FTCH), the leading global online luxury goods seller, and lululemon athletica (NASDAQ:LULU), an emerging juggernaut in the athletic apparel industry. Here's a brief review of their operating histories and why the future looks bright for these fast-growing companies.\nIMAGE SOURCE: GETTY IMAGES.\n1. Farfetch\nFarfetch was founded in 2007 and has grown to be the leading e-commerce destination for luxury goods. From 2016 through 2020, revenue grew seven-fold to reach $1.7 billion. More growth like this will almost certainly send the stock higher over the long term, and the company is in a good competitive spot to deliver on that potential.\nFarfetch operates a marketplace with over 1,300 brands that sell their goods directly to consumers. As luxury spending shifts online, Farfetch offers a lot of value to luxury brands that lack the means to build their own digital platform to reach consumers globally. Farfetch does it all, handling marketing, technology, and logistics to help many small luxury brands reach shoppers they wouldn't be able to otherwise.\nThe business is built to grow quite fast and handle adversity like pandemics. Most of the items listed for sale on Farfetch are available from multiple sellers around the world. This gives it an advantage over other luxury e-commerce stores that typically have a few distribution centers.\nFarfetch grew revenue by 64% in 2020, and another growth catalyst has emerged that could keep the momentum going over the next several years. Last year, Farfetch entered a joint venture with the Chinese e-commerce leader Alibaba Group and luxury goods maker Compagnie Financiere Richemont that will extend the company's reach to the fast-growing Chinese market. Farfetch will be able to expand its marketplace to Alibaba's Tmall Luxury Pavilion. This significantly improves the long-term growth outlook of Farfetch's marketplace, given the 779 million active customers on Alibaba's retail marketplaces.\nThe main knock against Farfetch has been its accumulating net losses on the bottom line, but it's improving. In the fourth quarter of 2020, Farfetch reported its first quarter of positive operating profit, measured on an adjusted EBITDA basis. Management is forecasting the first full year of positive adjusted EBITDA for 2021.\nThe stock price is down about 35% off its 52-week high, but the global luxury industry is valued at approximately $300 billion, providing lots of return potential for investors today. This could be a good time to consider buying shares.\n2. Lululemon\nLululemon is a unique breed in the athletic apparel industry. Since its inception in 1998, it has grown mostly through grassroots initiatives. Revenue was just $40 million in 2004, but today, Lululemon is emerging as one of the top athletic brands in the world with revenue of $4.4 billion in fiscal 2020, and it's still going strong.\nEven after more than 20 years in operation, it continues to grow in North America, while expanding rapidly in China, Europe, and other regions. Last year, revenue from outside of North America made up 14% of total revenue. Management sees international growth as a big opportunity.\nGrowing the men's business is also a top priority, where men's products comprised only 21% of total revenue last year even though the men's category has been growing faster than women's.\nBuilding on its grassroots foundation, Lululemon is continuing to invest with the focus of deepening its relationship with a loyal customer base. It acquired tech company Mirror for $500 million last year, the maker of an interactive display that offers access to workout classes from the comforts of home for a monthly subscription fee.\nMirror generates a few hundred million in annual revenue right now, but the long-term benefits of the deal could be significant. By the end of this year, Lululemon plans to accelerate the monetization of the device by opening 200 shop-in-shops in Lululemon stores, just in time for the holidays.\nLululemon has a market cap of $44 billion, putting its price-to-sales ratio at around 10, which isn't cheap. But consider that Nike has a market cap of $208 billion, and Lululemon estimates its long-term addressable market far above the $366 billion global sportswear market. That's because management sees tremendous growth potential as it enters new product categories, such as Mirror and other services.\nAll said, Lululemon is a long-term compounding machine that could turn a small investment into a large sum.","news_type":1},"isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378606419,"gmtCreate":1619019498031,"gmtModify":1704718460938,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Gogo","listText":"Gogo","text":"Gogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/378606419","repostId":"2129187781","repostType":4,"repost":{"id":"2129187781","pubTimestamp":1619015700,"share":"https://ttm.financial/m/news/2129187781?lang=&edition=fundamental","pubTime":"2021-04-21 22:35","market":"us","language":"en","title":"Why Netflix Stock Was Sliding Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129187781","media":"Motley Fool","summary":"Weak subscriber growth spooked investors.","content":"<h2>What happened</h2><p>Shares of <b>Netflix </b>(NASDAQ:NFLX) were getting a thumbs down from investors today after the streaming giant reported underwhelming subscriber growth in its first quarter and indicated that subscriber additions would be even weaker in the second quarter.</p><p>As of 9:44 a.m. EDT, the stock was down 7%.</p><p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622280%2Fnetflix-hollywood-mural.jpg&w=700&op=resize\" tg-width=\"700\" tg-height=\"467\"><span>Image source: Netflix.</span></p><h2>So what</h2><p>Netflix added just 4 million net new subscribers in the first quarter, its worst first quarter in at least six years. The result was also less than the 6 million subscriber additions that the company had forecast, and it projected only 1 million new subscribers in the second quarter, which would be the worst quarter of growth in its history as a streaming company. Management blamed a slowdown in new titles on production delays from the pandemic and also noted the pull-forward effect of the health crisis as it added 26 million new subs in the first half of 2020 as global lockdowns sparked strong demand for streaming entertainment.</p><p>Elsewhere, Netflix's numbers were strong, but subscriber growth is the most closely watched figure as investors see that as the best reflection of the company's long-term growth potential.</p><p>Revenue rose 24.2% to $7.16 billion, boosted by a recent price hike in the U.S., which was ahead of the company's own guidance at $7.13 billion. Operating income doubled to $1.96 billion as profits benefited from the delay in new content. Earnings per share jumped from $1.57 to $3.75, helped by a $253 million gain on debt, which was well ahead of the consensus at $2.97.</p><h2>Now what</h2><p>It's clear why the stock is down. Investors are understandably disappointed by the weak second-quarter guidance and lower-than-expected growth in the first quarter. However, management was confident that subscriber growth would return in the second half of the year when a \"very strong\" content slate will include new season of hit shows like <i>Sex Education</i>, <i>The Witcher</i>, and <i>La Casa de Papel. </i>It also said that churn was lower than a year ago, showing longtime customers are remaining loyal to the service.</p><p>Netflix's subscriber growth has historically been volatile and it's not unusual for the company to miss its guidance. One quarter like this is not a reason to sell the stock, especially as it remains the clear leader in the streaming industry.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Netflix Stock Was Sliding 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 Netflix Stock Was Sliding Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 22:35 GMT+8 <a href=https://www.fool.com/investing/2021/04/21/why-netflix-stock-was-sliding-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Netflix (NASDAQ:NFLX) were getting a thumbs down from investors today after the streaming giant reported underwhelming subscriber growth in its first quarter and indicated that ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/21/why-netflix-stock-was-sliding-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"https://www.fool.com/investing/2021/04/21/why-netflix-stock-was-sliding-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129187781","content_text":"What happenedShares of Netflix (NASDAQ:NFLX) were getting a thumbs down from investors today after the streaming giant reported underwhelming subscriber growth in its first quarter and indicated that subscriber additions would be even weaker in the second quarter.As of 9:44 a.m. EDT, the stock was down 7%.Image source: Netflix.So whatNetflix added just 4 million net new subscribers in the first quarter, its worst first quarter in at least six years. The result was also less than the 6 million subscriber additions that the company had forecast, and it projected only 1 million new subscribers in the second quarter, which would be the worst quarter of growth in its history as a streaming company. Management blamed a slowdown in new titles on production delays from the pandemic and also noted the pull-forward effect of the health crisis as it added 26 million new subs in the first half of 2020 as global lockdowns sparked strong demand for streaming entertainment.Elsewhere, Netflix's numbers were strong, but subscriber growth is the most closely watched figure as investors see that as the best reflection of the company's long-term growth potential.Revenue rose 24.2% to $7.16 billion, boosted by a recent price hike in the U.S., which was ahead of the company's own guidance at $7.13 billion. Operating income doubled to $1.96 billion as profits benefited from the delay in new content. Earnings per share jumped from $1.57 to $3.75, helped by a $253 million gain on debt, which was well ahead of the consensus at $2.97.Now whatIt's clear why the stock is down. Investors are understandably disappointed by the weak second-quarter guidance and lower-than-expected growth in the first quarter. However, management was confident that subscriber growth would return in the second half of the year when a \"very strong\" content slate will include new season of hit shows like Sex Education, The Witcher, and La Casa de Papel. It also said that churn was lower than a year ago, showing longtime customers are remaining loyal to the service.Netflix's subscriber growth has historically been volatile and it's not unusual for the company to miss its guidance. One quarter like this is not a reason to sell the stock, especially as it remains the clear leader in the streaming industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187858672,"gmtCreate":1623750021896,"gmtModify":1704210409163,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187858672","repostId":"2143758276","repostType":4,"repost":{"id":"2143758276","pubTimestamp":1623747890,"share":"https://ttm.financial/m/news/2143758276?lang=&edition=fundamental","pubTime":"2021-06-15 17:04","market":"us","language":"en","title":"The U.S. and EU are nearing a truce on the Boeing-Airbus dispute","url":"https://stock-news.laohu8.com/highlight/detail?id=2143758276","media":"cnbc","summary":"KEY POINTS\n\nThe EU-U.S. relationship hit a low during the previous White House administration with T","content":"<div>\n<p>KEY POINTS\n\nThe EU-U.S. relationship hit a low during the previous White House administration with Trump often criticizing Europe.\nTrump imposed duties worth $7.5 billion on European products after ...</p>\n\n<a href=\"https://cnb.cx/2Sr1tEZ\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. and EU are nearing a truce on the Boeing-Airbus dispute</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. and EU are nearing a truce on the Boeing-Airbus dispute\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 17:04 GMT+8 <a href=https://cnb.cx/2Sr1tEZ><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe EU-U.S. relationship hit a low during the previous White House administration with Trump often criticizing Europe.\nTrump imposed duties worth $7.5 billion on European products after ...</p>\n\n<a href=\"https://cnb.cx/2Sr1tEZ\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"source_url":"https://cnb.cx/2Sr1tEZ","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"2143758276","content_text":"KEY POINTS\n\nThe EU-U.S. relationship hit a low during the previous White House administration with Trump often criticizing Europe.\nTrump imposed duties worth $7.5 billion on European products after the World Trade Organization ruled that the EU had given unfair subsidies to Airbus.\nShortly afterwards, the EU imposed tariffs worth $4 billion on U.S. products off the back of another WTO ruling that said the U.S. had granted illegal aid to Boeing.\n\nLONDON — The United States and the European Union are moving closer to an agreement on a 17-year-long dispute over aircraft subsidies, as they gear up for their first summit since 2014 on Tuesday.\nPresidentJoe Bidenand his EU counterparts are keen to show that there is new momentum in the trans-Atlantic relationship.\nCNBC reported last week that theEU was pressing the White Houseto reach a deal to end trade tariffs imposed during the Donald Trump presidency, in relation to theAirbusandBoeingdispute that first emerged in 2004.\n“We are working on it,” an EU official, who did not want to be named due to the sensitive nature of the trade negotiations, told CNBC Tuesday.\nA second EU official, who also did not want to be named due to the sensitivity of the talks, said Tuesday morning that it was “too early to say” whether a breakthrough will be achieved when the leaders meet at lunch time.\nThe EU-U.S. relationship hit a low during the previous White House administration with Trump often criticizing Europe, accusing the EU of being worse than China with its trade practices.\nTrump imposed duties worth $7.5 billion on European products after the World Trade Organization ruled that the EU had given unfair subsidies to Airbus. Shortly afterwards, the EU imposed tariffs worth $4 billion on U.S. products off the back of another WTO ruling that said the U.S. had granted illegal aid to Boeing.\nThe EU has been keen to set a date to remove these outstanding tariffs and suggested July 11 last week.\nA third EU official, who also did not want to be named due to the sensitive nature of the negotiations, told CNBC Monday afternoon that this date was no longer in the draft document that both sides are due to agree on at the summit.\nJacob Kirkegaard, senior fellow at the German Marshall Fund of the United States, told CNBC’s “Squawk Box Europe” Tuesday that “the politics are as such and the economic logic is that we will finally have a deal on Boeing, Airbus. Which is, of course, good news for both companies but first and foremost is probably even better news for the many, many companies in both the EU and the U.S. that are hit by the retaliatory sanctions.”\nFrench winemakers and Italian cheese producers have previously complained about the impact of the U.S.-EU trade tensions on their businesses.\nMetal tariffs\nIt’s now clear that the EU wants to see more progress on the trade front. The 27-member bloc has also been pushing for an agreement on metal tariffs too, which were also imposed during the Trump presidency.\nIn 2018, Trump’s team slapped a 25% tariff on European steel and a 10% duty on European aluminum on the grounds of national security — something the EU vehemently opposed and retaliated against.\nIn response, a first round of tariffs worth 2.8 billion euros ($3.4 billion) was implemented by the EU and another round worth 3.6 billion euros was due to kick in this month. But these have been on hold in a sign of good faith, as the EU chases a truce with Washington.\nThe EU has not been shy to express its happiness at the election of Biden and in December presenteda plan to revive trans-Atlanticties post-Trump. At that time, the EU suggested the establishment of a Trade and Tech Council to remove certain trade barriers and coordinate their tech standards. The U.S. and the EU are expectedto approvethis group during Tuesday’s summit in Brussels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132096038,"gmtCreate":1622043311224,"gmtModify":1704178462553,"author":{"id":"3579163360625813","authorId":"3579163360625813","name":"YanChoo","avatar":"https://static.tigerbbs.com/5b51b00b4040ff1c22d041218513c2b5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579163360625813","authorIdStr":"3579163360625813"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/132096038","repostId":"1113786599","repostType":4,"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}