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2021-07-22

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2021-06-25

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2021-06-21

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3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%

2021-06-19

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Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021

2021-07-19

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Pfizer is making the case for COVID-19 booster shots. Fauci say we don't need a third dose yet. Who's right?

2021-07-19

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2021-06-22

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Amazon's Stock Is Ready For The Next Leg Higher

2021-07-29

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S&P 500 ends off day's lows; Powell says Fed still a ways away from rate hikes

2021-06-20

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Dow falls more than 500 points to close out its worst week since October

2021-07-29

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2021-07-19

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2021-07-18

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2021-07-18

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U.S. administers 337.24 million doses of COVID-19 vaccines - CDC

2021-07-16

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2021-06-25

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2021-06-24

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Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says

2021-06-24

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Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says

2021-06-22

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2021-06-21

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3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%

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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626881542,"share":"https://ttm.financial/m/news/1160993283?lang=&edition=fundamental","pubTime":"2021-07-21 23:32","market":"us","language":"en","title":"Nio Exec Jumps Ship To Join GM's New Electric Delivery Van Unit","url":"https://stock-news.laohu8.com/highlight/detail?id=1160993283","media":"Benzinga","summary":"Chinese startupNio, Inc.NIO 5.98%has evolved as a premium maker of electric vehicles focusing on design and technology. It has now emerged that $one$ of its senior talents has been poached by legacy automakerGeneral Motor CompanyGM 1.22%.The new executives joining BrightDrop are: Anthony Armenta, who will join as chief technology officer; Rachad Youssef, chief product officer; Shaluinn Fullove, chief people officer; and Steve Hornyak, chief revenue officer.Armenta, Youssef and Fullove will be ba","content":"<p>Chinese startup<b>Nio, Inc.</b>NIO 5.98%has evolved as a premium maker of electric vehicles focusing on design and technology. It has now emerged that <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its senior talents has been poached by legacy automaker<b>General Motor Company</b>GM 1.22%.</p>\n<p><b>What Happened:</b>GMannounced Tuesday that it has added four new executives to the leadership team of its BrightDrop brand. The company launched BrightDrop as a new business in January to focus on the manufacturing of electric delivery vehicles.</p>\n<p>The new executives joining BrightDrop are: Anthony Armenta, who will join as chief technology officer;&nbsp;Rachad Youssef,&nbsp;chief product officer;&nbsp;Shaluinn Fullove, chief people officer; and Steve Hornyak, chief revenue officer.</p>\n<p>Armenta, Youssef and Fullove will be based in BrightDrop's San Francisco Bay Area offices, and Hornyak in Atlanta, the company said.</p>\n<p>Youssef was previously employed at Nio's advanced research and innovation center in Silicon Valley. His LinkedIn bio, which has&nbsp;yet to be updated with the new position, shows&nbsp;he has been with Nio since June 2016 as <a href=\"https://laohu8.com/S/VP..UK\">VP</a>, software product management.</p>\n<p>Before his tenure at Nio, Youssef was employed at<b>Amazon, Inc.</b>AMZN 0.2%-owned autonomous vehicle companyZooxfor about a year-and-a-half.</p>\n<p><b>Why It's Important:</b>GM's appointment of new talent at BrightDrop signals a serious intent to make headway into the ecosystem of electric first-to-last-mile products, software and services to empower delivery and logistics companies.</p>\n<p>BrightDrop is scheduled to launch the EV600 van this year, and it has signed<b>FedEx Corporation</b>FDX 0.03%<a href=\"https://laohu8.com/S/EXPR\">Express</a> as its first customer.</p>\n<p>Nio shares were up 5.16% at $46.45 at last check Wednesday, while GM was up 1.05% at $56.74.</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 Exec Jumps Ship To Join GM's New Electric Delivery Van Unit</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 Exec Jumps Ship To Join GM's New Electric Delivery Van Unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese startup<b>Nio, Inc.</b>NIO 5.98%has evolved as a premium maker of electric vehicles focusing on design and technology. It has now emerged that <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its senior talents has been poached by legacy automaker<b>General Motor Company</b>GM 1.22%.</p>\n<p><b>What Happened:</b>GMannounced Tuesday that it has added four new executives to the leadership team of its BrightDrop brand. The company launched BrightDrop as a new business in January to focus on the manufacturing of electric delivery vehicles.</p>\n<p>The new executives joining BrightDrop are: Anthony Armenta, who will join as chief technology officer;&nbsp;Rachad Youssef,&nbsp;chief product officer;&nbsp;Shaluinn Fullove, chief people officer; and Steve Hornyak, chief revenue officer.</p>\n<p>Armenta, Youssef and Fullove will be based in BrightDrop's San Francisco Bay Area offices, and Hornyak in Atlanta, the company said.</p>\n<p>Youssef was previously employed at Nio's advanced research and innovation center in Silicon Valley. His LinkedIn bio, which has&nbsp;yet to be updated with the new position, shows&nbsp;he has been with Nio since June 2016 as <a href=\"https://laohu8.com/S/VP..UK\">VP</a>, software product management.</p>\n<p>Before his tenure at Nio, Youssef was employed at<b>Amazon, Inc.</b>AMZN 0.2%-owned autonomous vehicle companyZooxfor about a year-and-a-half.</p>\n<p><b>Why It's Important:</b>GM's appointment of new talent at BrightDrop signals a serious intent to make headway into the ecosystem of electric first-to-last-mile products, software and services to empower delivery and logistics companies.</p>\n<p>BrightDrop is scheduled to launch the EV600 van this year, and it has signed<b>FedEx Corporation</b>FDX 0.03%<a href=\"https://laohu8.com/S/EXPR\">Express</a> as its first customer.</p>\n<p>Nio shares were up 5.16% at $46.45 at last check Wednesday, while GM was up 1.05% at $56.74.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NGD":"New Gold"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160993283","content_text":"Chinese startupNio, Inc.NIO 5.98%has evolved as a premium maker of electric vehicles focusing on design and technology. It has now emerged that one of its senior talents has been poached by legacy automakerGeneral Motor CompanyGM 1.22%.\nWhat Happened:GMannounced Tuesday that it has added four new executives to the leadership team of its BrightDrop brand. The company launched BrightDrop as a new business in January to focus on the manufacturing of electric delivery vehicles.\nThe new executives joining BrightDrop are: Anthony Armenta, who will join as chief technology officer; Rachad Youssef, chief product officer; Shaluinn Fullove, chief people officer; and Steve Hornyak, chief revenue officer.\nArmenta, Youssef and Fullove will be based in BrightDrop's San Francisco Bay Area offices, and Hornyak in Atlanta, the company said.\nYoussef was previously employed at Nio's advanced research and innovation center in Silicon Valley. His LinkedIn bio, which has yet to be updated with the new position, shows he has been with Nio since June 2016 as VP, software product management.\nBefore his tenure at Nio, Youssef was employed atAmazon, Inc.AMZN 0.2%-owned autonomous vehicle companyZooxfor about a year-and-a-half.\nWhy It's Important:GM's appointment of new talent at BrightDrop signals a serious intent to make headway into the ecosystem of electric first-to-last-mile products, software and services to empower delivery and logistics companies.\nBrightDrop is scheduled to launch the EV600 van this year, and it has signedFedEx CorporationFDX 0.03%Express as its first customer.\nNio shares were up 5.16% at $46.45 at last check Wednesday, while GM was up 1.05% at $56.74.","news_type":1},"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173162436,"gmtCreate":1626647928225,"gmtModify":1703762510693,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173162436","repostId":"2152811496","repostType":4,"repost":{"id":"2152811496","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626548760,"share":"https://ttm.financial/m/news/2152811496?lang=&edition=fundamental","pubTime":"2021-07-18 03:06","market":"sh","language":"en","title":"Pfizer is making the case for COVID-19 booster shots. Fauci say we don't need a third dose yet. Who's right?","url":"https://stock-news.laohu8.com/highlight/detail?id=2152811496","media":"Dow Jones","summary":"'I think people are hesitant to support booster dosing because at least for now it's unnecessary,' s","content":"<p>'I think people are hesitant to support booster dosing because at least for now it's unnecessary,' said Dr. Paul Offit, a vaccine expert</p>\n<p>A very public regulatory debate about COVID-19 booster shots has seemingly put Pfizer at odds with federal health officials who say it's not necessary to get another shot at this time.</p>\n<p>Pfizer <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> last week reiterated plans to seek emergency authorization that tied waning protection from its vaccine to the more transmissible delta variant. The drug maker also said it's developing a booster specifically targeting delta, which is now thought to be the dominant strain of the virus in the U.S.</p>\n<p>Health officials and medical experts, on the other hand, continue to say there is no scientific case for COVID-19 boosters right now.</p>\n<p>\"I think people are hesitant to support booster dosing because at least for now it's unnecessary,\" Dr. Paul Offit, director of the Vaccine Education Center at Children's Hospital of Philadelphia, told MarketWatch in an email.</p>\n<p>Dr. Anthony Fauci, chief medical adviser to President Joe Biden, on Sunday told CNN on Thursday saying something similar.</p>\n<p>And, in an email sent Friday afternoon and viewed by MarketWatch, National Institutes of Health director Dr. Francis Collins told staff that \"Pfizer seems to have gotten way out over their skis here,\" indicating that the company may be getting ahead of itself when it comes to boosters.</p>\n<p>But if the science evolves and it indicates that boosters are needed, that's going to present a new set of communication challenges for the Biden administration.</p>\n<p>\"It's distracting if people are getting an impression from statements from companies that they need\" to get a booster, said Dr. Lynn Goldman, an epidemiologist and dean of the Milken Institute School of Public Health at George Washington University. \"We're still trying to get people to immunize in the first place.\"</p>\n<p>The vaccination rate in the U.S. has flatlined at 48% . Telling people they need to get a third shot down line could lead to confusion, frustration, or an even more firm \"no\" from the hesitant.</p>\n<p>\"When you have so many Americans that are hesitant to get vaccinated, articulating to them that, 'Hey, the initial vaccines aren't going to be enough forever, and you're going to have to do this on a regular occurrence,' could make them more skeptical of the vaccines and less willing to get vaccinated initially,\" said Chris Meekins, a health policy analyst at Raymond James.</p>\n<p>The case for boosters is complicated</p>\n<p>Many public-health experts have said they expect booster doses will be necessary as immunity wanes and new variants emerge. However, much of that need is going to be based on when protection begins to diminish and in whom.</p>\n<p>Some experts believe booster shots will only be recommended for certain vulnerable segments of the population, like the elderly or people who are immunocompromised, and not for generally healthy Americans who want to reinforce the level of protection they already have. An influential CDC committee is expected to meet July 22 to discuss whether immunocompromised people need a booster shot.</p>\n<p>\"We believe the likely upcoming spike in cases and deaths may tip the balance\" in favor of boosters, RBC Capital Markets analyst Brian Abrahams told investors this week. \"Should a targeted booster approach be taken, we believe this provides evidence that immunosuppressed individuals and those with co-morbidities should be among the first dosed.\"</p>\n<p>This discussion is already playing out in other countries.</p>\n<p>A group of French doctors published a letter , outlining who can get a third shot depending on age, health status, and profession. Israel is now offering third doses to the immunocompromised.</p>\n<p>In the U.S., vaccine makers face a specific set of obstacles. One has to do with ensuring supply at a time when the authorized vaccines developed by Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a>, Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, and Pfizer are still bound by the requirements of the Defense Production Act, which can require companies based here to give priority to the U.S. during the public-health emergency.</p>\n<p>\"It looks like the pharmaceutical company is at odds with our federal health officials,\" said Dr. Leana Wen, an emergency room physician, \"when, actually, this is a matter of the pharmaceutical companies wanting to be prepared, wanting to have the boosters available, if and when they're needed.\"</p>\n<p>Moderna is studying booster doses, too. It announced a new deal in June with the U.S. for 200 million doses, \"which could be used for primary vaccination, including of children, or possibly as a booster if that becomes necessary to continue to defeat the pandemic,\" Moderna CEO Stéphane Bancel said in a news release. The company has signed agreements that could include booster shots with Argentina, Europe, Saudi Arabia, and Switzerland.</p>\n<p>Pfizer has not announced any deals that include boosters with the U.S.</p>\n<p>\"I think the company believes that it can garner public opinion to support a booster over people's fear of the most recent delta variant and are capitalizing on that opportunity to try to force the government in the direction they want it to go,\" Meekins said.</p>\n<p>How long does immunity from vaccines last?</p>\n<p>In a nutshell: We don't know. There are a still a number of unanswered questions about the \"durability\" of immunity.</p>\n<p>These include: What is the level of neutralizing antibody titers that still provide protection? Will T-cell response provide immunity if antibodies wane? When will we have a test that assesses antibody levels? When will the FDA establish a \"correlate\" of protection? Will only the most vulnerable people need a boost?</p>\n<p>To further complicate things, this is the first time we've had a vaccine for a coronavirus and the first time that mRNA shots have ever been deployed. Those factors create additional unknowns. And so without answers to some or all of these questions, we are largely stuck guessing.</p>\n<p>\"We basically are operating, in my view, in a fact-free zone,\" Goldman said. \"I don't think it at all irrational to get a EUA for boosters right now. I see the rationale. How we talk about it is a different issue.\"</p>\n<p>Pfizer recently said that immunity provided by its COVID-19 vaccine can wane six to 12 months after full vaccination; other officials believe the length of immunity is close to the tail end of that estimate, including the FDA's Dr. Peter Marks, who suggested in May that it's closer to at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> year of protection.</p>\n<p>\"It's very unlikely that immunity is just going to fall off a cliff at some point,\" Wen said. \"More likely, you're going to see a gradual waning over time...And so I think that is part of the difficulty in translating these complicated messages to sound bites for the general public.\"</p>\n<p>See now:WHO head slams countries for ordering millions of COVID booster shots, when much of the world has not even vaccinated the most vulnerable</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>Pfizer is making the case for COVID-19 booster shots. Fauci say we don't need a third dose yet. Who's right?</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\">\nPfizer is making the case for COVID-19 booster shots. Fauci say we don't need a third dose yet. Who's right?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-18 03:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>'I think people are hesitant to support booster dosing because at least for now it's unnecessary,' said Dr. Paul Offit, a vaccine expert</p>\n<p>A very public regulatory debate about COVID-19 booster shots has seemingly put Pfizer at odds with federal health officials who say it's not necessary to get another shot at this time.</p>\n<p>Pfizer <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> last week reiterated plans to seek emergency authorization that tied waning protection from its vaccine to the more transmissible delta variant. The drug maker also said it's developing a booster specifically targeting delta, which is now thought to be the dominant strain of the virus in the U.S.</p>\n<p>Health officials and medical experts, on the other hand, continue to say there is no scientific case for COVID-19 boosters right now.</p>\n<p>\"I think people are hesitant to support booster dosing because at least for now it's unnecessary,\" Dr. Paul Offit, director of the Vaccine Education Center at Children's Hospital of Philadelphia, told MarketWatch in an email.</p>\n<p>Dr. Anthony Fauci, chief medical adviser to President Joe Biden, on Sunday told CNN on Thursday saying something similar.</p>\n<p>And, in an email sent Friday afternoon and viewed by MarketWatch, National Institutes of Health director Dr. Francis Collins told staff that \"Pfizer seems to have gotten way out over their skis here,\" indicating that the company may be getting ahead of itself when it comes to boosters.</p>\n<p>But if the science evolves and it indicates that boosters are needed, that's going to present a new set of communication challenges for the Biden administration.</p>\n<p>\"It's distracting if people are getting an impression from statements from companies that they need\" to get a booster, said Dr. Lynn Goldman, an epidemiologist and dean of the Milken Institute School of Public Health at George Washington University. \"We're still trying to get people to immunize in the first place.\"</p>\n<p>The vaccination rate in the U.S. has flatlined at 48% . Telling people they need to get a third shot down line could lead to confusion, frustration, or an even more firm \"no\" from the hesitant.</p>\n<p>\"When you have so many Americans that are hesitant to get vaccinated, articulating to them that, 'Hey, the initial vaccines aren't going to be enough forever, and you're going to have to do this on a regular occurrence,' could make them more skeptical of the vaccines and less willing to get vaccinated initially,\" said Chris Meekins, a health policy analyst at Raymond James.</p>\n<p>The case for boosters is complicated</p>\n<p>Many public-health experts have said they expect booster doses will be necessary as immunity wanes and new variants emerge. However, much of that need is going to be based on when protection begins to diminish and in whom.</p>\n<p>Some experts believe booster shots will only be recommended for certain vulnerable segments of the population, like the elderly or people who are immunocompromised, and not for generally healthy Americans who want to reinforce the level of protection they already have. An influential CDC committee is expected to meet July 22 to discuss whether immunocompromised people need a booster shot.</p>\n<p>\"We believe the likely upcoming spike in cases and deaths may tip the balance\" in favor of boosters, RBC Capital Markets analyst Brian Abrahams told investors this week. \"Should a targeted booster approach be taken, we believe this provides evidence that immunosuppressed individuals and those with co-morbidities should be among the first dosed.\"</p>\n<p>This discussion is already playing out in other countries.</p>\n<p>A group of French doctors published a letter , outlining who can get a third shot depending on age, health status, and profession. Israel is now offering third doses to the immunocompromised.</p>\n<p>In the U.S., vaccine makers face a specific set of obstacles. One has to do with ensuring supply at a time when the authorized vaccines developed by Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a>, Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, and Pfizer are still bound by the requirements of the Defense Production Act, which can require companies based here to give priority to the U.S. during the public-health emergency.</p>\n<p>\"It looks like the pharmaceutical company is at odds with our federal health officials,\" said Dr. Leana Wen, an emergency room physician, \"when, actually, this is a matter of the pharmaceutical companies wanting to be prepared, wanting to have the boosters available, if and when they're needed.\"</p>\n<p>Moderna is studying booster doses, too. It announced a new deal in June with the U.S. for 200 million doses, \"which could be used for primary vaccination, including of children, or possibly as a booster if that becomes necessary to continue to defeat the pandemic,\" Moderna CEO Stéphane Bancel said in a news release. The company has signed agreements that could include booster shots with Argentina, Europe, Saudi Arabia, and Switzerland.</p>\n<p>Pfizer has not announced any deals that include boosters with the U.S.</p>\n<p>\"I think the company believes that it can garner public opinion to support a booster over people's fear of the most recent delta variant and are capitalizing on that opportunity to try to force the government in the direction they want it to go,\" Meekins said.</p>\n<p>How long does immunity from vaccines last?</p>\n<p>In a nutshell: We don't know. There are a still a number of unanswered questions about the \"durability\" of immunity.</p>\n<p>These include: What is the level of neutralizing antibody titers that still provide protection? Will T-cell response provide immunity if antibodies wane? When will we have a test that assesses antibody levels? When will the FDA establish a \"correlate\" of protection? Will only the most vulnerable people need a boost?</p>\n<p>To further complicate things, this is the first time we've had a vaccine for a coronavirus and the first time that mRNA shots have ever been deployed. Those factors create additional unknowns. And so without answers to some or all of these questions, we are largely stuck guessing.</p>\n<p>\"We basically are operating, in my view, in a fact-free zone,\" Goldman said. \"I don't think it at all irrational to get a EUA for boosters right now. I see the rationale. How we talk about it is a different issue.\"</p>\n<p>Pfizer recently said that immunity provided by its COVID-19 vaccine can wane six to 12 months after full vaccination; other officials believe the length of immunity is close to the tail end of that estimate, including the FDA's Dr. Peter Marks, who suggested in May that it's closer to at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> year of protection.</p>\n<p>\"It's very unlikely that immunity is just going to fall off a cliff at some point,\" Wen said. \"More likely, you're going to see a gradual waning over time...And so I think that is part of the difficulty in translating these complicated messages to sound bites for the general public.\"</p>\n<p>See now:WHO head slams countries for ordering millions of COVID booster shots, when much of the world has not even vaccinated the most vulnerable</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","JNJ":"强生","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152811496","content_text":"'I think people are hesitant to support booster dosing because at least for now it's unnecessary,' said Dr. Paul Offit, a vaccine expert\nA very public regulatory debate about COVID-19 booster shots has seemingly put Pfizer at odds with federal health officials who say it's not necessary to get another shot at this time.\nPfizer $(PFE)$ last week reiterated plans to seek emergency authorization that tied waning protection from its vaccine to the more transmissible delta variant. The drug maker also said it's developing a booster specifically targeting delta, which is now thought to be the dominant strain of the virus in the U.S.\nHealth officials and medical experts, on the other hand, continue to say there is no scientific case for COVID-19 boosters right now.\n\"I think people are hesitant to support booster dosing because at least for now it's unnecessary,\" Dr. Paul Offit, director of the Vaccine Education Center at Children's Hospital of Philadelphia, told MarketWatch in an email.\nDr. Anthony Fauci, chief medical adviser to President Joe Biden, on Sunday told CNN on Thursday saying something similar.\nAnd, in an email sent Friday afternoon and viewed by MarketWatch, National Institutes of Health director Dr. Francis Collins told staff that \"Pfizer seems to have gotten way out over their skis here,\" indicating that the company may be getting ahead of itself when it comes to boosters.\nBut if the science evolves and it indicates that boosters are needed, that's going to present a new set of communication challenges for the Biden administration.\n\"It's distracting if people are getting an impression from statements from companies that they need\" to get a booster, said Dr. Lynn Goldman, an epidemiologist and dean of the Milken Institute School of Public Health at George Washington University. \"We're still trying to get people to immunize in the first place.\"\nThe vaccination rate in the U.S. has flatlined at 48% . Telling people they need to get a third shot down line could lead to confusion, frustration, or an even more firm \"no\" from the hesitant.\n\"When you have so many Americans that are hesitant to get vaccinated, articulating to them that, 'Hey, the initial vaccines aren't going to be enough forever, and you're going to have to do this on a regular occurrence,' could make them more skeptical of the vaccines and less willing to get vaccinated initially,\" said Chris Meekins, a health policy analyst at Raymond James.\nThe case for boosters is complicated\nMany public-health experts have said they expect booster doses will be necessary as immunity wanes and new variants emerge. However, much of that need is going to be based on when protection begins to diminish and in whom.\nSome experts believe booster shots will only be recommended for certain vulnerable segments of the population, like the elderly or people who are immunocompromised, and not for generally healthy Americans who want to reinforce the level of protection they already have. An influential CDC committee is expected to meet July 22 to discuss whether immunocompromised people need a booster shot.\n\"We believe the likely upcoming spike in cases and deaths may tip the balance\" in favor of boosters, RBC Capital Markets analyst Brian Abrahams told investors this week. \"Should a targeted booster approach be taken, we believe this provides evidence that immunosuppressed individuals and those with co-morbidities should be among the first dosed.\"\nThis discussion is already playing out in other countries.\nA group of French doctors published a letter , outlining who can get a third shot depending on age, health status, and profession. Israel is now offering third doses to the immunocompromised.\nIn the U.S., vaccine makers face a specific set of obstacles. One has to do with ensuring supply at a time when the authorized vaccines developed by Johnson & Johnson $(JNJ)$, Moderna $(MRNA)$, and Pfizer are still bound by the requirements of the Defense Production Act, which can require companies based here to give priority to the U.S. during the public-health emergency.\n\"It looks like the pharmaceutical company is at odds with our federal health officials,\" said Dr. Leana Wen, an emergency room physician, \"when, actually, this is a matter of the pharmaceutical companies wanting to be prepared, wanting to have the boosters available, if and when they're needed.\"\nModerna is studying booster doses, too. It announced a new deal in June with the U.S. for 200 million doses, \"which could be used for primary vaccination, including of children, or possibly as a booster if that becomes necessary to continue to defeat the pandemic,\" Moderna CEO Stéphane Bancel said in a news release. The company has signed agreements that could include booster shots with Argentina, Europe, Saudi Arabia, and Switzerland.\nPfizer has not announced any deals that include boosters with the U.S.\n\"I think the company believes that it can garner public opinion to support a booster over people's fear of the most recent delta variant and are capitalizing on that opportunity to try to force the government in the direction they want it to go,\" Meekins said.\nHow long does immunity from vaccines last?\nIn a nutshell: We don't know. There are a still a number of unanswered questions about the \"durability\" of immunity.\nThese include: What is the level of neutralizing antibody titers that still provide protection? Will T-cell response provide immunity if antibodies wane? When will we have a test that assesses antibody levels? When will the FDA establish a \"correlate\" of protection? Will only the most vulnerable people need a boost?\nTo further complicate things, this is the first time we've had a vaccine for a coronavirus and the first time that mRNA shots have ever been deployed. Those factors create additional unknowns. And so without answers to some or all of these questions, we are largely stuck guessing.\n\"We basically are operating, in my view, in a fact-free zone,\" Goldman said. \"I don't think it at all irrational to get a EUA for boosters right now. I see the rationale. How we talk about it is a different issue.\"\nPfizer recently said that immunity provided by its COVID-19 vaccine can wane six to 12 months after full vaccination; other officials believe the length of immunity is close to the tail end of that estimate, including the FDA's Dr. Peter Marks, who suggested in May that it's closer to at least one year of protection.\n\"It's very unlikely that immunity is just going to fall off a cliff at some point,\" Wen said. \"More likely, you're going to see a gradual waning over time...And so I think that is part of the difficulty in translating these complicated messages to sound bites for the general public.\"\nSee now:WHO head slams countries for ordering millions of COVID booster shots, when much of the world has not even vaccinated the most vulnerable","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173162812,"gmtCreate":1626647883936,"gmtModify":1703762510529,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??? &nbsp; &nbsp; &nbsp;","listText":"??? &nbsp; &nbsp; &nbsp;","text":"???","images":[{"img":"https://static.tigerbbs.com/39534eaaebba44c39c33a7ef0f3b659c","width":"750","height":"2210"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173162812","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":173166189,"gmtCreate":1626647777741,"gmtModify":1703762511183,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173166189","repostId":"2152368129","repostType":4,"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179483044,"gmtCreate":1626571385488,"gmtModify":1703761803382,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[{"img":"https://static.tigerbbs.com/2be03758a20e1bd4006aa950879d53ad","width":"750","height":"2210"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179483044","isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":179480340,"gmtCreate":1626571317880,"gmtModify":1703761800311,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179480340","repostId":"2152812616","repostType":2,"repost":{"id":"2152812616","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626559168,"share":"https://ttm.financial/m/news/2152812616?lang=&edition=fundamental","pubTime":"2021-07-18 05:59","market":"sh","language":"en","title":"U.S. administers 337.24 million doses of COVID-19 vaccines - CDC","url":"https://stock-news.laohu8.com/highlight/detail?id=2152812616","media":"Reuters","summary":"July 17 (Reuters) - The United States has administered 337,239,448 doses of COVID-19 vaccines in the","content":"<html><body><p>July 17 (Reuters) - The United States has administered 337,239,448 doses of COVID-19 vaccines in the country as of Saturday morning and distributed 390,100,705 doses, the U.S. Centers for Disease Control and Prevention said on Saturday.</p><p>   Those figures are up from the 336,604,158 doses the CDC said had gone into arms by Friday, out of 389,359,835 doses delivered.</p><p>   The agency said 185,765,452 people had received at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> dose while 160,994,035 people were fully vaccinated as of Saturday.</p><p>   The CDC tally includes two-dose vaccines from Moderna</p><p>  and Pfizer/BioNTech    , as well as Johnson &amp; Johnson's    one-shot vaccine as of 6:00 a.m. ET on Saturday.</p><p> (Editing by Richard Chang)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. administers 337.24 million doses of COVID-19 vaccines - CDC</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. administers 337.24 million doses of COVID-19 vaccines - CDC\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\">2021-07-18 05:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>July 17 (Reuters) - The United States has administered 337,239,448 doses of COVID-19 vaccines in the country as of Saturday morning and distributed 390,100,705 doses, the U.S. Centers for Disease Control and Prevention said on Saturday.</p><p>   Those figures are up from the 336,604,158 doses the CDC said had gone into arms by Friday, out of 389,359,835 doses delivered.</p><p>   The agency said 185,765,452 people had received at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> dose while 160,994,035 people were fully vaccinated as of Saturday.</p><p>   The CDC tally includes two-dose vaccines from Moderna</p><p>  and Pfizer/BioNTech    , as well as Johnson &amp; Johnson's    one-shot vaccine as of 6:00 a.m. ET on Saturday.</p><p> (Editing by Richard Chang)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","PFE":"辉瑞","JNJ":"强生"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152812616","content_text":"July 17 (Reuters) - The United States has administered 337,239,448 doses of COVID-19 vaccines in the country as of Saturday morning and distributed 390,100,705 doses, the U.S. Centers for Disease Control and Prevention said on Saturday.   Those figures are up from the 336,604,158 doses the CDC said had gone into arms by Friday, out of 389,359,835 doses delivered.   The agency said 185,765,452 people had received at least one dose while 160,994,035 people were fully vaccinated as of Saturday.   The CDC tally includes two-dose vaccines from Moderna  and Pfizer/BioNTech    , as well as Johnson & Johnson's    one-shot vaccine as of 6:00 a.m. ET on Saturday. (Editing by Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147795499,"gmtCreate":1626390484911,"gmtModify":1703759062937,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[{"img":"https://static.tigerbbs.com/ead232512019fbf2767345a58549736a","width":"750","height":"2270"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147795499","isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":155701807,"gmtCreate":1625451551109,"gmtModify":1703741957044,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"?? ??????","listText":"?? ??????","text":"?? ??????","images":[{"img":"https://static.tigerbbs.com/ac0248f84c75fce55398c051dd8c2d91","width":"750","height":"2210"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155701807","isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":126247041,"gmtCreate":1624577217083,"gmtModify":1703840592849,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126247041","repostId":"1198422658","repostType":4,"repost":{"id":"1198422658","kind":"news","pubTimestamp":1624533829,"share":"https://ttm.financial/m/news/1198422658?lang=&edition=fundamental","pubTime":"2021-06-24 19:23","market":"us","language":"en","title":"Is Amazon Stock A Better Buy Than Apple Through 2025?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198422658","media":"The Street","summary":"Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?At first glance, Apple  -Get Report and Amazon  -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.First, I find it hig","content":"<blockquote>\n Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n</blockquote>\n<p>At first glance, Apple&nbsp;(<b>AAPL</b>) -Get Report&nbsp;and Amazon&nbsp;(<b>AMZN</b>) -Get Report&nbsp;stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.</p>\n<p>But the Amazon Maven has unearthed an interesting finding. Both AAPL and AMZN are worth almost the same, in P/E terms, if one were to look forward to 2025. At comparable valuations, which is a better buy-and-hold through the mid-2020s?</p>\n<p><b>AAPL and AMZN: same valuation?</b></p>\n<p>The P/E multiple is a popular valuation metric that adds context to a stock’s market price. The numerator tends to be prior-year (trailing), current-year or next-year (forward) earnings per share.</p>\n<p>Amazon commands a higher multiple, among other reasons, because of the company’s more aggressive growth profile. Wall Street expects the e-commerce giant to increase EPS by a factor of four in the next five years. Apple, on the other hand, is project to “only” double earnings in the same period.</p>\n<p>By 2025, this is what analysts expect of each company’s bottom line, and what the stock’s P/E would be if share prices remained unchanged:</p>\n<ul>\n <li><b>Amazon</b>: 2025 EPS of $172.30, for a P/E of<b>20.4</b>times</li>\n <li><b>Apple</b>: fiscal 2025 EPS of $6.30, for a P/E of<b>21.2</b>times</li>\n</ul>\n<p>Given enough time and assuming that current earnings projections are close enough to accurate, Amazon tends to become a less aggressively valued stock by the year. Maybe one day, in the not-too-distant future, shares could even start to look more appealing to value investors.</p>\n<p><b>Which is the best bet?</b></p>\n<p>If Amazon and Apple are valued at roughly the same 2025 P/E, one fair question to ask is: which stock might perform best in the next five years? I can use the earnings multiple as a guide to think through this question.</p>\n<p>From the P/E formula, one can derive the following: future stock price is determined by the company’s earnings delivered (the denominator “E”) and how much investors are willing to pay for those earnings (the valuation multiple). Therefore, in the Amazon vs. Apple race to 2025, whichever does best at delivering EPS above consensus and/or commanding a richer earnings multiple wins.</p>\n<p>Clearly, this is open for debate since the future in uncertain. But I believe that Amazon stock has a better chance of producing higher gains than Apple through 2025.</p>\n<p>First, I find it highly unlikely that AMZN’s earnings multiple will converge from the 60s of today to the low 20s in 2025. This would only be feasible if the company’s growth opportunities dried out quickly, which I am not counting on. On the other hand, Apple’s P/E is more likely to stay around 20 to 25 times, given the more mature profile of the company relative to Amazon.</p>\n<p>This is not to say that I expect Amazon’s P/E to expand from 64 times. The opposite is more likely to happen, as the company ages. But if the stock is valued at, say, 40 times EPS in 2025, Amazon would not even need to deliver results beyond expectations to see its stock price double in five years.</p>\n<p>Regarding consensus, I also think that Amazon can beat expectations by a wider margin than Apple could. The e-commerce giant has been more aggressive at investing back in the business. The green- and brown-field revenue growth opportunities in e-commerce and cloud seem better.</p>\n<p>In addition, Amazon’s margins could expand substantially (see five-year trend below), if or once the company’s online retail business gets closer to maturity. Apple could also improve its margin profile but probably much less so, given how profitable the company already is.</p>\n<p><img src=\"https://static.tigerbbs.com/0e59ae6a459751303dfd48c45ae47f99\" tg-width=\"700\" tg-height=\"199\" referrerpolicy=\"no-referrer\"><i>Figure 2: AMZN gross margin vs. operating margin.</i></p>\n<p><i>Stock Rover</i></p>\n<p><b>Twitter speaks</b></p>\n<p>Fun fact: Amazon and Apple stock trade at roughly the same 2025 P/E (i.e. 2025 earnings in the denominator) of around 21 times, even though AMZN seems much more expensive at today’s valuations. Which do you think will produce more gains in the next five years?</p>\n<p><img src=\"https://static.tigerbbs.com/e56ed880cf0d62550fc0ee752a46efff\" tg-width=\"568\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Amazon Stock A Better Buy Than Apple Through 2025?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Amazon Stock A Better Buy Than Apple Through 2025?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n\nAt first glance, ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198422658","content_text":"Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n\nAt first glance, Apple (AAPL) -Get Report and Amazon (AMZN) -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.\nBut the Amazon Maven has unearthed an interesting finding. Both AAPL and AMZN are worth almost the same, in P/E terms, if one were to look forward to 2025. At comparable valuations, which is a better buy-and-hold through the mid-2020s?\nAAPL and AMZN: same valuation?\nThe P/E multiple is a popular valuation metric that adds context to a stock’s market price. The numerator tends to be prior-year (trailing), current-year or next-year (forward) earnings per share.\nAmazon commands a higher multiple, among other reasons, because of the company’s more aggressive growth profile. Wall Street expects the e-commerce giant to increase EPS by a factor of four in the next five years. Apple, on the other hand, is project to “only” double earnings in the same period.\nBy 2025, this is what analysts expect of each company’s bottom line, and what the stock’s P/E would be if share prices remained unchanged:\n\nAmazon: 2025 EPS of $172.30, for a P/E of20.4times\nApple: fiscal 2025 EPS of $6.30, for a P/E of21.2times\n\nGiven enough time and assuming that current earnings projections are close enough to accurate, Amazon tends to become a less aggressively valued stock by the year. Maybe one day, in the not-too-distant future, shares could even start to look more appealing to value investors.\nWhich is the best bet?\nIf Amazon and Apple are valued at roughly the same 2025 P/E, one fair question to ask is: which stock might perform best in the next five years? I can use the earnings multiple as a guide to think through this question.\nFrom the P/E formula, one can derive the following: future stock price is determined by the company’s earnings delivered (the denominator “E”) and how much investors are willing to pay for those earnings (the valuation multiple). Therefore, in the Amazon vs. Apple race to 2025, whichever does best at delivering EPS above consensus and/or commanding a richer earnings multiple wins.\nClearly, this is open for debate since the future in uncertain. But I believe that Amazon stock has a better chance of producing higher gains than Apple through 2025.\nFirst, I find it highly unlikely that AMZN’s earnings multiple will converge from the 60s of today to the low 20s in 2025. This would only be feasible if the company’s growth opportunities dried out quickly, which I am not counting on. On the other hand, Apple’s P/E is more likely to stay around 20 to 25 times, given the more mature profile of the company relative to Amazon.\nThis is not to say that I expect Amazon’s P/E to expand from 64 times. The opposite is more likely to happen, as the company ages. But if the stock is valued at, say, 40 times EPS in 2025, Amazon would not even need to deliver results beyond expectations to see its stock price double in five years.\nRegarding consensus, I also think that Amazon can beat expectations by a wider margin than Apple could. The e-commerce giant has been more aggressive at investing back in the business. The green- and brown-field revenue growth opportunities in e-commerce and cloud seem better.\nIn addition, Amazon’s margins could expand substantially (see five-year trend below), if or once the company’s online retail business gets closer to maturity. Apple could also improve its margin profile but probably much less so, given how profitable the company already is.\nFigure 2: AMZN gross margin vs. operating margin.\nStock Rover\nTwitter speaks\nFun fact: Amazon and Apple stock trade at roughly the same 2025 P/E (i.e. 2025 earnings in the denominator) of around 21 times, even though AMZN seems much more expensive at today’s valuations. Which do you think will produce more gains in the next five years?","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126244198,"gmtCreate":1624577201814,"gmtModify":1703840591879,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126244198","repostId":"1198422658","repostType":4,"repost":{"id":"1198422658","kind":"news","pubTimestamp":1624533829,"share":"https://ttm.financial/m/news/1198422658?lang=&edition=fundamental","pubTime":"2021-06-24 19:23","market":"us","language":"en","title":"Is Amazon Stock A Better Buy Than Apple Through 2025?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198422658","media":"The Street","summary":"Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?At first glance, Apple  -Get Report and Amazon  -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.First, I find it hig","content":"<blockquote>\n Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n</blockquote>\n<p>At first glance, Apple&nbsp;(<b>AAPL</b>) -Get Report&nbsp;and Amazon&nbsp;(<b>AMZN</b>) -Get Report&nbsp;stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.</p>\n<p>But the Amazon Maven has unearthed an interesting finding. Both AAPL and AMZN are worth almost the same, in P/E terms, if one were to look forward to 2025. At comparable valuations, which is a better buy-and-hold through the mid-2020s?</p>\n<p><b>AAPL and AMZN: same valuation?</b></p>\n<p>The P/E multiple is a popular valuation metric that adds context to a stock’s market price. The numerator tends to be prior-year (trailing), current-year or next-year (forward) earnings per share.</p>\n<p>Amazon commands a higher multiple, among other reasons, because of the company’s more aggressive growth profile. Wall Street expects the e-commerce giant to increase EPS by a factor of four in the next five years. Apple, on the other hand, is project to “only” double earnings in the same period.</p>\n<p>By 2025, this is what analysts expect of each company’s bottom line, and what the stock’s P/E would be if share prices remained unchanged:</p>\n<ul>\n <li><b>Amazon</b>: 2025 EPS of $172.30, for a P/E of<b>20.4</b>times</li>\n <li><b>Apple</b>: fiscal 2025 EPS of $6.30, for a P/E of<b>21.2</b>times</li>\n</ul>\n<p>Given enough time and assuming that current earnings projections are close enough to accurate, Amazon tends to become a less aggressively valued stock by the year. Maybe one day, in the not-too-distant future, shares could even start to look more appealing to value investors.</p>\n<p><b>Which is the best bet?</b></p>\n<p>If Amazon and Apple are valued at roughly the same 2025 P/E, one fair question to ask is: which stock might perform best in the next five years? I can use the earnings multiple as a guide to think through this question.</p>\n<p>From the P/E formula, one can derive the following: future stock price is determined by the company’s earnings delivered (the denominator “E”) and how much investors are willing to pay for those earnings (the valuation multiple). Therefore, in the Amazon vs. Apple race to 2025, whichever does best at delivering EPS above consensus and/or commanding a richer earnings multiple wins.</p>\n<p>Clearly, this is open for debate since the future in uncertain. But I believe that Amazon stock has a better chance of producing higher gains than Apple through 2025.</p>\n<p>First, I find it highly unlikely that AMZN’s earnings multiple will converge from the 60s of today to the low 20s in 2025. This would only be feasible if the company’s growth opportunities dried out quickly, which I am not counting on. On the other hand, Apple’s P/E is more likely to stay around 20 to 25 times, given the more mature profile of the company relative to Amazon.</p>\n<p>This is not to say that I expect Amazon’s P/E to expand from 64 times. The opposite is more likely to happen, as the company ages. But if the stock is valued at, say, 40 times EPS in 2025, Amazon would not even need to deliver results beyond expectations to see its stock price double in five years.</p>\n<p>Regarding consensus, I also think that Amazon can beat expectations by a wider margin than Apple could. The e-commerce giant has been more aggressive at investing back in the business. The green- and brown-field revenue growth opportunities in e-commerce and cloud seem better.</p>\n<p>In addition, Amazon’s margins could expand substantially (see five-year trend below), if or once the company’s online retail business gets closer to maturity. Apple could also improve its margin profile but probably much less so, given how profitable the company already is.</p>\n<p><img src=\"https://static.tigerbbs.com/0e59ae6a459751303dfd48c45ae47f99\" tg-width=\"700\" tg-height=\"199\" referrerpolicy=\"no-referrer\"><i>Figure 2: AMZN gross margin vs. operating margin.</i></p>\n<p><i>Stock Rover</i></p>\n<p><b>Twitter speaks</b></p>\n<p>Fun fact: Amazon and Apple stock trade at roughly the same 2025 P/E (i.e. 2025 earnings in the denominator) of around 21 times, even though AMZN seems much more expensive at today’s valuations. Which do you think will produce more gains in the next five years?</p>\n<p><img src=\"https://static.tigerbbs.com/e56ed880cf0d62550fc0ee752a46efff\" tg-width=\"568\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Amazon Stock A Better Buy Than Apple Through 2025?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Amazon Stock A Better Buy Than Apple Through 2025?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n\nAt first glance, ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198422658","content_text":"Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n\nAt first glance, Apple (AAPL) -Get Report and Amazon (AMZN) -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.\nBut the Amazon Maven has unearthed an interesting finding. Both AAPL and AMZN are worth almost the same, in P/E terms, if one were to look forward to 2025. At comparable valuations, which is a better buy-and-hold through the mid-2020s?\nAAPL and AMZN: same valuation?\nThe P/E multiple is a popular valuation metric that adds context to a stock’s market price. The numerator tends to be prior-year (trailing), current-year or next-year (forward) earnings per share.\nAmazon commands a higher multiple, among other reasons, because of the company’s more aggressive growth profile. Wall Street expects the e-commerce giant to increase EPS by a factor of four in the next five years. Apple, on the other hand, is project to “only” double earnings in the same period.\nBy 2025, this is what analysts expect of each company’s bottom line, and what the stock’s P/E would be if share prices remained unchanged:\n\nAmazon: 2025 EPS of $172.30, for a P/E of20.4times\nApple: fiscal 2025 EPS of $6.30, for a P/E of21.2times\n\nGiven enough time and assuming that current earnings projections are close enough to accurate, Amazon tends to become a less aggressively valued stock by the year. Maybe one day, in the not-too-distant future, shares could even start to look more appealing to value investors.\nWhich is the best bet?\nIf Amazon and Apple are valued at roughly the same 2025 P/E, one fair question to ask is: which stock might perform best in the next five years? I can use the earnings multiple as a guide to think through this question.\nFrom the P/E formula, one can derive the following: future stock price is determined by the company’s earnings delivered (the denominator “E”) and how much investors are willing to pay for those earnings (the valuation multiple). Therefore, in the Amazon vs. Apple race to 2025, whichever does best at delivering EPS above consensus and/or commanding a richer earnings multiple wins.\nClearly, this is open for debate since the future in uncertain. But I believe that Amazon stock has a better chance of producing higher gains than Apple through 2025.\nFirst, I find it highly unlikely that AMZN’s earnings multiple will converge from the 60s of today to the low 20s in 2025. This would only be feasible if the company’s growth opportunities dried out quickly, which I am not counting on. On the other hand, Apple’s P/E is more likely to stay around 20 to 25 times, given the more mature profile of the company relative to Amazon.\nThis is not to say that I expect Amazon’s P/E to expand from 64 times. The opposite is more likely to happen, as the company ages. But if the stock is valued at, say, 40 times EPS in 2025, Amazon would not even need to deliver results beyond expectations to see its stock price double in five years.\nRegarding consensus, I also think that Amazon can beat expectations by a wider margin than Apple could. The e-commerce giant has been more aggressive at investing back in the business. The green- and brown-field revenue growth opportunities in e-commerce and cloud seem better.\nIn addition, Amazon’s margins could expand substantially (see five-year trend below), if or once the company’s online retail business gets closer to maturity. Apple could also improve its margin profile but probably much less so, given how profitable the company already is.\nFigure 2: AMZN gross margin vs. operating margin.\nStock Rover\nTwitter speaks\nFun fact: Amazon and Apple stock trade at roughly the same 2025 P/E (i.e. 2025 earnings in the denominator) of around 21 times, even though AMZN seems much more expensive at today’s valuations. Which do you think will produce more gains in the next five years?","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121484085,"gmtCreate":1624489568947,"gmtModify":1703837986262,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121484085","repostId":"1156291883","repostType":4,"repost":{"id":"1156291883","kind":"news","pubTimestamp":1624457943,"share":"https://ttm.financial/m/news/1156291883?lang=&edition=fundamental","pubTime":"2021-06-23 22:19","market":"us","language":"en","title":"Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says","url":"https://stock-news.laohu8.com/highlight/detail?id=1156291883","media":"cnbc","summary":"KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have su","content":"<div>\n<p>KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 22:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html\">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.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156291883","content_text":"KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a new report from Adobe Analytics.\nTotal e-commerce sales on Monday and Tuesday surpassed $11 billion, representing 6.1% growth compared with last year's October Prime Day event, Adobe said.\n\nOnline retail sales in the United States duringAmazon's48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a new report.\nTotal e-commerce sales on Monday and Tuesday surpassed $11 billion, representing 6.1% growth compared with last year's October Prime Day event, according to an index tracked by Adobe Analytics, which looks at more than 1 trillion visits to U.S. retail sites and over 100 million items across 18 product categories.\nOnline retail sales amounted to $5.6 billion on Monday, the first day of Prime Day, and $5.4 billion on day two, Adobe said. That made Monday the biggest day for digital sales so far this year, and Tuesday the second-biggest day, Adobe added.\nLast holiday shopping season, sales during Cyber Monday amounted to about $10.9 billion, marking the largest U.S. online shopping day on record.\n“There’s a pent up demand for online shopping as consumers look forward to a return to normalcy,” said Taylor Schreiner, director of Adobe Digital insights. “The halo effect of Prime Day also played a significant role, giving both large and small online retailers significant revenue lifts.”\nBusinesses including Walmart, Target, Best Buy and Kohl’s have been offering competing markdowns this week.\nAdobe said that retailers that bring in more than $1 billion in revenue each year reported a 29% increase in e-commerce sales during Prime Day compared with an average June day, while smaller retailers doing less than $10 million in annual revenue saw a 21% lift.\nAdobe also found that discount levels were fairly consistent on Monday and Tuesday, with toys marked down by 12%, on average, and appliances discounted by 5%. It still said the best deals are expected to come closer to the holiday shopping season.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121485378,"gmtCreate":1624489551394,"gmtModify":1703837985445,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121485378","repostId":"1156291883","repostType":4,"repost":{"id":"1156291883","kind":"news","pubTimestamp":1624457943,"share":"https://ttm.financial/m/news/1156291883?lang=&edition=fundamental","pubTime":"2021-06-23 22:19","market":"us","language":"en","title":"Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says","url":"https://stock-news.laohu8.com/highlight/detail?id=1156291883","media":"cnbc","summary":"KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have su","content":"<div>\n<p>KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 22:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html\">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.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156291883","content_text":"KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a new report from Adobe Analytics.\nTotal e-commerce sales on Monday and Tuesday surpassed $11 billion, representing 6.1% growth compared with last year's October Prime Day event, Adobe said.\n\nOnline retail sales in the United States duringAmazon's48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a new report.\nTotal e-commerce sales on Monday and Tuesday surpassed $11 billion, representing 6.1% growth compared with last year's October Prime Day event, according to an index tracked by Adobe Analytics, which looks at more than 1 trillion visits to U.S. retail sites and over 100 million items across 18 product categories.\nOnline retail sales amounted to $5.6 billion on Monday, the first day of Prime Day, and $5.4 billion on day two, Adobe said. That made Monday the biggest day for digital sales so far this year, and Tuesday the second-biggest day, Adobe added.\nLast holiday shopping season, sales during Cyber Monday amounted to about $10.9 billion, marking the largest U.S. online shopping day on record.\n“There’s a pent up demand for online shopping as consumers look forward to a return to normalcy,” said Taylor Schreiner, director of Adobe Digital insights. “The halo effect of Prime Day also played a significant role, giving both large and small online retailers significant revenue lifts.”\nBusinesses including Walmart, Target, Best Buy and Kohl’s have been offering competing markdowns this week.\nAdobe said that retailers that bring in more than $1 billion in revenue each year reported a 29% increase in e-commerce sales during Prime Day compared with an average June day, while smaller retailers doing less than $10 million in annual revenue saw a 21% lift.\nAdobe also found that discount levels were fairly consistent on Monday and Tuesday, with toys marked down by 12%, on average, and appliances discounted by 5%. It still said the best deals are expected to come closer to the holiday shopping season.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120121201,"gmtCreate":1624316207503,"gmtModify":1703833064598,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120121201","repostId":"1127414335","repostType":4,"repost":{"id":"1127414335","kind":"news","pubTimestamp":1624288763,"share":"https://ttm.financial/m/news/1127414335?lang=&edition=fundamental","pubTime":"2021-06-21 23:19","market":"us","language":"en","title":"Amazon's Stock Is Ready For The Next Leg Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1127414335","media":"seekingalpha","summary":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to con","content":"<p><b>Summary</b></p>\n<ul>\n <li>After a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.</li>\n <li>Amazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).</li>\n <li>The stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.</li>\n <li>Today, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>Amazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.</p>\n<p>The primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.</p>\n<p>After evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.</p>\n<p><b>The Tale Of A Year-Long Consolidation</b></p>\n<p>At BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.</p>\n<p>Here's our extensive research work on Amazon:</p>\n<ol>\n <li>Retail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth</li>\n <li>Amazon Web Services -Amazon: Here's What You Should Be Monitoring</li>\n <li>Digital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS</li>\n</ol>\n<p><img src=\"https://static.tigerbbs.com/86ef0b4ba9477ffe4662dd02b4a4fe56\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>Now, our modest buy ratings from last year have been justified. Amazon has underperformed the S&amp;P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.</p>\n<p><img src=\"https://static.tigerbbs.com/450a291ce832606dc4568f5b000a234b\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>After rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.</p>\n<p><b>Why Is Amazon Ready To Move Higher?</b></p>\n<p>In Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:</p>\n<p><img src=\"https://static.tigerbbs.com/484d6ffb34aa711d2460f56878a19b30\" tg-width=\"640\" tg-height=\"277\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Amazon Q1 2021 Earnings Release</p>\n<p>With acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.</p>\n<p><img src=\"https://static.tigerbbs.com/4f684da9379808e65eb00bac24f21bd5\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>As you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).</p>\n<p><img src=\"https://static.tigerbbs.com/de1ec1d647bed5d59e91bdaa0535d25e\" tg-width=\"640\" tg-height=\"420\"></p>\n<p>Source:&nbsp;Amazon Q1 2021 Earnings Release</p>\n<p>Since 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.</p>\n<p><img src=\"https://static.tigerbbs.com/4f1ccee71f8675c6cabd16cf4e08733d\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>The massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.</p>\n<p><img src=\"https://static.tigerbbs.com/9c041f8732f0e9557d632f4bc3444b54\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>Amazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.</p>\n<p><img src=\"https://static.tigerbbs.com/c6b99e2dd54b3885cd7542d213be0429\" tg-width=\"640\" tg-height=\"635\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Seeking Alpha</p>\n<p>I believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.</p>\n<p><b>Fair Value And Expected Returns</b></p>\n<p>To determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:</p>\n<ul>\n <li><p>In step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.</p></li>\n <li><p>In step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).</p></li>\n <li><p>In step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.</p></li>\n</ul>\n<p>With massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.</p>\n<p><b>Assumptions:</b></p>\n<p><img src=\"https://static.tigerbbs.com/82136b2cd82ebf242b95eb6d17e2f4b1\" tg-width=\"620\" tg-height=\"538\"></p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/50a3cb8964e421080c530abc1b3d62bf\" tg-width=\"603\" tg-height=\"729\">Source: L.A. Stevens Valuation Model</p>\n<p>As per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.</p>\n<p>To calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.</p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/1fb09f1799ac5ea2741e204766b4df3c\" tg-width=\"605\" tg-height=\"429\">Source: L.A. Stevens Valuation Model</p>\n<p>As you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.</p>\n<p><b>Risks</b></p>\n<ul>\n <li>Amazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.</li>\n <li>Furthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.</li>\n <li>Since Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.</li>\n <li>In the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.</li>\n <li>For the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.</li>\n <li>Also, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.</li>\n <li>Amazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.</li>\n <li>The healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.</li>\n</ul>\n<p><b>Concluding Thoughts</b></p>\n<p>Amazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.</p>\n<p>In the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.</p>\n<p>Key Takeaway: I rate Amazon a buy at $3,400.</p>\n<p>Thanks for reading, remember to follow for more, and happy investing!</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon's Stock Is Ready For The Next Leg Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon's Stock Is Ready For The Next Leg Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1127414335","content_text":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).\nThe stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.\nToday, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.\n\nInvestment Thesis\nAmazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.\nThe primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.\nAfter evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.\nThe Tale Of A Year-Long Consolidation\nAt BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.\nHere's our extensive research work on Amazon:\n\nRetail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth\nAmazon Web Services -Amazon: Here's What You Should Be Monitoring\nDigital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS\n\nSource: YCharts\nNow, our modest buy ratings from last year have been justified. Amazon has underperformed the S&P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.\n\nSource: YCharts\nAfter rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.\nWhy Is Amazon Ready To Move Higher?\nIn Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:\n\nSource:Amazon Q1 2021 Earnings Release\nWith acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.\n\nSource: YCharts\nAs you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).\n\nSource: Amazon Q1 2021 Earnings Release\nSince 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.\nSource: YCharts\nThe massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.\n\nSource: YCharts\nAmazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.\n\nSource:Seeking Alpha\nI believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.\nFair Value And Expected Returns\nTo determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:\n\nIn step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.\nIn step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).\nIn step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.\n\nWith massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.\nAssumptions:\n\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.\nTo calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.\nRisks\n\nAmazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.\nFurthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.\nSince Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.\nIn the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.\nFor the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.\nAlso, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.\nAmazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.\nThe healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.\n\nConcluding Thoughts\nAmazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.\nIn the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.\nKey Takeaway: I rate Amazon a buy at $3,400.\nThanks for reading, remember to follow for more, and happy investing!","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120121185,"gmtCreate":1624316196847,"gmtModify":1703833064112,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120121185","repostId":"1127414335","repostType":4,"repost":{"id":"1127414335","kind":"news","pubTimestamp":1624288763,"share":"https://ttm.financial/m/news/1127414335?lang=&edition=fundamental","pubTime":"2021-06-21 23:19","market":"us","language":"en","title":"Amazon's Stock Is Ready For The Next Leg Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1127414335","media":"seekingalpha","summary":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to con","content":"<p><b>Summary</b></p>\n<ul>\n <li>After a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.</li>\n <li>Amazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).</li>\n <li>The stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.</li>\n <li>Today, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>Amazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.</p>\n<p>The primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.</p>\n<p>After evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.</p>\n<p><b>The Tale Of A Year-Long Consolidation</b></p>\n<p>At BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.</p>\n<p>Here's our extensive research work on Amazon:</p>\n<ol>\n <li>Retail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth</li>\n <li>Amazon Web Services -Amazon: Here's What You Should Be Monitoring</li>\n <li>Digital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS</li>\n</ol>\n<p><img src=\"https://static.tigerbbs.com/86ef0b4ba9477ffe4662dd02b4a4fe56\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>Now, our modest buy ratings from last year have been justified. Amazon has underperformed the S&amp;P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.</p>\n<p><img src=\"https://static.tigerbbs.com/450a291ce832606dc4568f5b000a234b\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>After rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.</p>\n<p><b>Why Is Amazon Ready To Move Higher?</b></p>\n<p>In Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:</p>\n<p><img src=\"https://static.tigerbbs.com/484d6ffb34aa711d2460f56878a19b30\" tg-width=\"640\" tg-height=\"277\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Amazon Q1 2021 Earnings Release</p>\n<p>With acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.</p>\n<p><img src=\"https://static.tigerbbs.com/4f684da9379808e65eb00bac24f21bd5\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>As you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).</p>\n<p><img src=\"https://static.tigerbbs.com/de1ec1d647bed5d59e91bdaa0535d25e\" tg-width=\"640\" tg-height=\"420\"></p>\n<p>Source:&nbsp;Amazon Q1 2021 Earnings Release</p>\n<p>Since 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.</p>\n<p><img src=\"https://static.tigerbbs.com/4f1ccee71f8675c6cabd16cf4e08733d\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>The massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.</p>\n<p><img src=\"https://static.tigerbbs.com/9c041f8732f0e9557d632f4bc3444b54\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>Amazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.</p>\n<p><img src=\"https://static.tigerbbs.com/c6b99e2dd54b3885cd7542d213be0429\" tg-width=\"640\" tg-height=\"635\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Seeking Alpha</p>\n<p>I believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.</p>\n<p><b>Fair Value And Expected Returns</b></p>\n<p>To determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:</p>\n<ul>\n <li><p>In step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.</p></li>\n <li><p>In step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).</p></li>\n <li><p>In step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.</p></li>\n</ul>\n<p>With massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.</p>\n<p><b>Assumptions:</b></p>\n<p><img src=\"https://static.tigerbbs.com/82136b2cd82ebf242b95eb6d17e2f4b1\" tg-width=\"620\" tg-height=\"538\"></p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/50a3cb8964e421080c530abc1b3d62bf\" tg-width=\"603\" tg-height=\"729\">Source: L.A. Stevens Valuation Model</p>\n<p>As per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.</p>\n<p>To calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.</p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/1fb09f1799ac5ea2741e204766b4df3c\" tg-width=\"605\" tg-height=\"429\">Source: L.A. Stevens Valuation Model</p>\n<p>As you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.</p>\n<p><b>Risks</b></p>\n<ul>\n <li>Amazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.</li>\n <li>Furthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.</li>\n <li>Since Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.</li>\n <li>In the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.</li>\n <li>For the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.</li>\n <li>Also, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.</li>\n <li>Amazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.</li>\n <li>The healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.</li>\n</ul>\n<p><b>Concluding Thoughts</b></p>\n<p>Amazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.</p>\n<p>In the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.</p>\n<p>Key Takeaway: I rate Amazon a buy at $3,400.</p>\n<p>Thanks for reading, remember to follow for more, and happy investing!</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon's Stock Is Ready For The Next Leg Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon's Stock Is Ready For The Next Leg Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1127414335","content_text":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).\nThe stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.\nToday, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.\n\nInvestment Thesis\nAmazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.\nThe primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.\nAfter evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.\nThe Tale Of A Year-Long Consolidation\nAt BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.\nHere's our extensive research work on Amazon:\n\nRetail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth\nAmazon Web Services -Amazon: Here's What You Should Be Monitoring\nDigital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS\n\nSource: YCharts\nNow, our modest buy ratings from last year have been justified. Amazon has underperformed the S&P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.\n\nSource: YCharts\nAfter rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.\nWhy Is Amazon Ready To Move Higher?\nIn Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:\n\nSource:Amazon Q1 2021 Earnings Release\nWith acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.\n\nSource: YCharts\nAs you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).\n\nSource: Amazon Q1 2021 Earnings Release\nSince 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.\nSource: YCharts\nThe massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.\n\nSource: YCharts\nAmazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.\n\nSource:Seeking Alpha\nI believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.\nFair Value And Expected Returns\nTo determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:\n\nIn step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.\nIn step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).\nIn step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.\n\nWith massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.\nAssumptions:\n\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.\nTo calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.\nRisks\n\nAmazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.\nFurthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.\nSince Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.\nIn the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.\nFor the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.\nAlso, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.\nAmazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.\nThe healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.\n\nConcluding Thoughts\nAmazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.\nIn the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.\nKey Takeaway: I rate Amazon a buy at $3,400.\nThanks for reading, remember to follow for more, and happy investing!","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164583408,"gmtCreate":1624229581104,"gmtModify":1703830803916,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164583408","repostId":"1166679093","repostType":4,"repost":{"id":"1166679093","kind":"news","pubTimestamp":1624065234,"share":"https://ttm.financial/m/news/1166679093?lang=&edition=fundamental","pubTime":"2021-06-19 09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like&nbsp;<b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year,&nbsp;<b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the&nbsp;<b>Nasdaq</b>&nbsp;stock exchange.</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>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","CLOV":"Clover Health Corp","SNDL":"SNDL Inc."},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164583816,"gmtCreate":1624229569835,"gmtModify":1703830803270,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164583816","repostId":"1166679093","repostType":4,"repost":{"id":"1166679093","kind":"news","pubTimestamp":1624065234,"share":"https://ttm.financial/m/news/1166679093?lang=&edition=fundamental","pubTime":"2021-06-19 09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like&nbsp;<b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year,&nbsp;<b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the&nbsp;<b>Nasdaq</b>&nbsp;stock exchange.</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>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","CLOV":"Clover Health Corp","SNDL":"SNDL Inc."},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165237331,"gmtCreate":1624145873323,"gmtModify":1703829274313,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165237331","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","kind":"news","pubTimestamp":1624063306,"share":"https://ttm.financial/m/news/1156696708?lang=&edition=fundamental","pubTime":"2021-06-19 08:41","market":"us","language":"en","title":"Dow falls more than 500 points to close out its worst week since October","url":"https://stock-news.laohu8.com/highlight/detail?id=1156696708","media":"cnbc","summary":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob","content":"<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow falls more than 500 points to close out its worst week since October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow falls more than 500 points to close out its worst week since October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156696708","content_text":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-chip average dropped 533.37 points, or 1.6%, to 33,290.08. TheS&P 500slid 1.3% to 4,166.45. Both the Dow and S&P 500 hit their session lows in the final minutes of trading and closed around those levels. TheNasdaq Compositeclosed 0.9% lower at 14,030.38. Economic comeback plays led the market losses.\nFor the week, the 30-stock Dow lost 3.5%. The S&P 500 and Nasdaq were down by 1.9% and 0.2%, respectively, week to date.\nSt. Louis Federal Reserve President Jim Bullardtold CNBC's \"Squawk Box\"on Friday it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022. His comments came after the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices.\n\"The fear held by some investors is that if the Fed tightens policy sooner than expected to help cool inflationary pressures, this could weigh on future economic growth,\" Truist Advisory Services chief market strategist Keith Lerner said in a note. To be sure, he added it would be premature to give up on the so-called value trade right now.\nPockets of the market most sensitive to the economic rebound led the sell-off this week. The S&P 500 energy sector and industrials dropped 5.2% and 3.8%, respectively, for the week. Financials and materials meanwhile, lost more than 6% each. These groups had been market leaders this year on the back of the economic reopening.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve. This means the yields of shorter-duration Treasurys — like the 2-year note — rose while longer-duration yields like the benchmark 10-year declined. The retreat in long-dated bond yields reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon hurt bank stocks particularly as their earnings could take a hit when the spread between short-term and long-term rates narrows. Bank of America and JPMorgan Chase shares on Friday lost more than 2% each. Citigroup fell by 1.8%, posting its 12th straight daily decline.\nFed Chairman Jerome Powell said Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"This week's first whiff of an eventual change in Fed policy was a reminder that emergency monetary conditions and the free-money era will ultimately end,\" strategists at MRB Partners wrote in a note. \"We expect a series of incremental retreats from the Fed's benign inflation outlook in the coming months.\"\nCommodity prices were underpressure this weekas China attempted to cool rising prices and as the U.S. dollar strengthens. Copper, gold and platinum fell once again on Friday.\nFriday also coincided with the quarterly \"quadruple witching\" in which options and futures on indexes and equities expire. This event may have contributed to more volatile trading during the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165234510,"gmtCreate":1624145842830,"gmtModify":1703829273830,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165234510","repostId":"1138062216","repostType":4,"repost":{"id":"1138062216","kind":"news","pubTimestamp":1624029740,"share":"https://ttm.financial/m/news/1138062216?lang=&edition=fundamental","pubTime":"2021-06-18 23:22","market":"us","language":"en","title":"Energy stocks roar toward their best year in three decades amid recovery in oil","url":"https://stock-news.laohu8.com/highlight/detail?id=1138062216","media":"cnbc","summary":"It’s six months into 2021, andenergy stocksare already on pace for their best year in more than thre","content":"<div>\n<p>It’s six months into 2021, andenergy stocksare already on pace for their best year in more than three decades, leading some to believe the run may be due for a pullback.\nThe group pulled back on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/energy-stocks-roar-toward-their-best-year-in-three-decades-amid-recovery-in-oil.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Energy stocks roar toward their best year in three decades amid recovery in oil</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEnergy stocks roar toward their best year in three decades amid recovery in oil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/18/energy-stocks-roar-toward-their-best-year-in-three-decades-amid-recovery-in-oil.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s six months into 2021, andenergy stocksare already on pace for their best year in more than three decades, leading some to believe the run may be due for a pullback.\nThe group pulled back on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/energy-stocks-roar-toward-their-best-year-in-three-decades-amid-recovery-in-oil.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DVN":"德文能源","EOG":"依欧格资源","FANG":"Diamondback Energy","MRO":"马拉松石油"},"source_url":"https://www.cnbc.com/2021/06/18/energy-stocks-roar-toward-their-best-year-in-three-decades-amid-recovery-in-oil.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1138062216","content_text":"It’s six months into 2021, andenergy stocksare already on pace for their best year in more than three decades, leading some to believe the run may be due for a pullback.\nThe group pulled back on Thursday and Friday, but is still up more than 40% for the year. That’s almost double the 23% return for the real estate sector, which is the second-best sector. The S&P 500 is up nearly 12% this year.\nEnergy’s big start to the year means that even if the sector goes nowhere for the rest of 2021, it will still be the best year since 1990 by nearly 10%, according to Bay Crest Partners chief market technician Jonathan Krinsky.\nThe surge in energy stocks comes on the back of a recovery in oil prices, and as investors return to areas of the market that were left out of 2020′s rebound from the pandemic lows. The sector was also starting from a low base. In 2020, the group fell 37.3% for its worst performance since inception in 1989.\nKrinsky is among those saying the upside move is overdone, and his call is to sell crude oil and energy stocks broadly. From a technical standpoint, he noted that the $420 to $450 level acted as support — a floor — for the group during the last decade. But then during the Covid sell-off, the sector plunged below that key level — breaking below $200 — as the pandemic ground economies around the world to a halt.\n\nThe S&P Energy Sector has since recovered and traded as high as $420 on Thursday, inching closer to their prior support level, which now acts as resistance, or where an uptrend could be expected to reverse.\n“Oftentimes when you break a very important support like that, once you come back and test it as resistance, it’s difficult to exceed that — at least on the first try,” Krinsky noted.\nGauging performance from Jan. 1 might seem arbitrary, but he added that the sector’s outperformance is notable from virtually any date. Over the last eight months, the group has returned over 90%, which Krinsky says is more than two times the prior largest such gain over the last three decades.\n“Even on a rolling basis this is somewhat unprecedented,” he said. His bearish call on the sector also stems from other commodities breaking down, including lumber and copper. The latter is now breaking its uptrend, and Krinsky noted that copper was a leading indicator for the 2020 low, hitting a bottom one month ahead of West Texas Intermediate Crude futures.\nTOP-PERFORMING S&P 500 ENERGY STOCKS THIS YEAR\n\n\n\nTICKER\nCOMPANY\nPRICE\n%CHANGE\nYIELD\nPREVIOUS CLOSE\n\n\n\n\nMRO\nMarathon Oil Corp\n12.83\n-0.4655\n12.83\n12.89\n\n\nFANG\nDiamondback Energy Inc\n86.23\n-0.7596\n86.23\n86.89\n\n\nDVN\nDevon Energy Corp\n27.22\n-1.3411\n27.22\n27.59\n\n\nEOG\nEOG Resources Inc\n80.795\n-0.7798\n80.795\n81.43\n\n\n\nWithin the sector,Marathon Oilhas gained nearly 93% this year, making it the top-performing energy stock in the S&P 500.\nDiamondback Energyrose about 80% year to date, andDevon Energyclimbed more than 70%.OccidentalandEOG Resourcesare up more than 60%.\nAmid the outperformance the group remains unloved by Wall Street as factors – including environmental, social and corporate governance investing – prompt investors to shy away from the sector. Bank of America recently noted that the entire sector makes up just 2% of the average long-only portfolio, or less than half the allocation toward Facebook, which sits at 4.2%.\nEnergy still comprises a tiny portion of the S&P 500, but as the sector’s weighting grows, fund managers who shun the space could risk returns.\nMRB Partners on Thursday reiterated its overweight rating on the group, saying the recovery in demand for petroleum products, coupled with ongoing supply constraints, should push oil prices higher, leading to further returns for energy stocks.\n“Strengthening cash flows, leaner cost structures, and better capital discipline position the industry to moderately increase capital returns to shareholders,” strategists led by Salvatore Ruscitti wrote in a note to clients. “Relative performance will benefit from the reflationary backdrop and our expectations for a softer U.S. dollar.”\nWhen it comes to specific stocks, Gilman Hill Asset Management CEO Jenny Harrington owns names includingChevron,OneokandKinder Morgan. She noted on Thursday’s“Halftime Report”that it’s important to look at the whole picture. While oil is at its highest level in nearly two and a half years, it’s trading at about half the level it was just a few years ago. On the flip side, it’s well above where it traded in June of 2020 as the pandemic took hold.\n“They’re all trading at a fraction of the market multiple,” Harrington said of the energy stocks she owns. “They all have hefty dividend yields,” she added, arguing that strong earnings growth means “there’s a lot of room to go here.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":176586956,"gmtCreate":1626907776275,"gmtModify":1703480188789,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176586956","repostId":"1160993283","repostType":4,"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126247041,"gmtCreate":1624577217083,"gmtModify":1703840592849,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126247041","repostId":"1198422658","repostType":4,"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164583816,"gmtCreate":1624229569835,"gmtModify":1703830803270,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164583816","repostId":"1166679093","repostType":4,"repost":{"id":"1166679093","kind":"news","pubTimestamp":1624065234,"share":"https://ttm.financial/m/news/1166679093?lang=&edition=fundamental","pubTime":"2021-06-19 09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like&nbsp;<b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year,&nbsp;<b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the&nbsp;<b>Nasdaq</b>&nbsp;stock exchange.</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>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","CLOV":"Clover Health Corp","SNDL":"SNDL Inc."},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162882794,"gmtCreate":1624056983218,"gmtModify":1703827632855,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/162882794","repostId":"1138970454","repostType":2,"repost":{"id":"1138970454","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623385949,"share":"https://ttm.financial/m/news/1138970454?lang=&edition=fundamental","pubTime":"2021-06-11 12:32","market":"us","language":"en","title":"Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1138970454","media":"Tiger Newspress","summary":"June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable ","content":"<p>June&nbsp;11/&nbsp;Tiger Broker has been honoured with&nbsp;the&nbsp;following&nbsp;awared&nbsp;at&nbsp;The Asset Triple A Sustainable Investing Awards 2021&nbsp;for&nbsp;Institutional&nbsp;Investor,&nbsp;ETF&nbsp;and&nbsp;Asset&nbsp;Servicing&nbsp;Providers:</p><p><img src=\"https://static.tigerbbs.com/d2a1d625f288fc86245344e0a6275f6f\" tg-width=\"1096\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021</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\">\nTiger Broker has been honoured The Asset Triple A Sustainable Investing Awards 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-11 12:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June&nbsp;11/&nbsp;Tiger Broker has been honoured with&nbsp;the&nbsp;following&nbsp;awared&nbsp;at&nbsp;The Asset Triple A Sustainable Investing Awards 2021&nbsp;for&nbsp;Institutional&nbsp;Investor,&nbsp;ETF&nbsp;and&nbsp;Asset&nbsp;Servicing&nbsp;Providers:</p><p><img src=\"https://static.tigerbbs.com/d2a1d625f288fc86245344e0a6275f6f\" tg-width=\"1096\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138970454","content_text":"June 11/ Tiger Broker has been honoured with the following awared at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF and Asset Servicing Providers:","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173162436,"gmtCreate":1626647928225,"gmtModify":1703762510693,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173162436","repostId":"2152811496","repostType":4,"repost":{"id":"2152811496","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626548760,"share":"https://ttm.financial/m/news/2152811496?lang=&edition=fundamental","pubTime":"2021-07-18 03:06","market":"sh","language":"en","title":"Pfizer is making the case for COVID-19 booster shots. Fauci say we don't need a third dose yet. Who's right?","url":"https://stock-news.laohu8.com/highlight/detail?id=2152811496","media":"Dow Jones","summary":"'I think people are hesitant to support booster dosing because at least for now it's unnecessary,' s","content":"<p>'I think people are hesitant to support booster dosing because at least for now it's unnecessary,' said Dr. Paul Offit, a vaccine expert</p>\n<p>A very public regulatory debate about COVID-19 booster shots has seemingly put Pfizer at odds with federal health officials who say it's not necessary to get another shot at this time.</p>\n<p>Pfizer <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> last week reiterated plans to seek emergency authorization that tied waning protection from its vaccine to the more transmissible delta variant. The drug maker also said it's developing a booster specifically targeting delta, which is now thought to be the dominant strain of the virus in the U.S.</p>\n<p>Health officials and medical experts, on the other hand, continue to say there is no scientific case for COVID-19 boosters right now.</p>\n<p>\"I think people are hesitant to support booster dosing because at least for now it's unnecessary,\" Dr. Paul Offit, director of the Vaccine Education Center at Children's Hospital of Philadelphia, told MarketWatch in an email.</p>\n<p>Dr. Anthony Fauci, chief medical adviser to President Joe Biden, on Sunday told CNN on Thursday saying something similar.</p>\n<p>And, in an email sent Friday afternoon and viewed by MarketWatch, National Institutes of Health director Dr. Francis Collins told staff that \"Pfizer seems to have gotten way out over their skis here,\" indicating that the company may be getting ahead of itself when it comes to boosters.</p>\n<p>But if the science evolves and it indicates that boosters are needed, that's going to present a new set of communication challenges for the Biden administration.</p>\n<p>\"It's distracting if people are getting an impression from statements from companies that they need\" to get a booster, said Dr. Lynn Goldman, an epidemiologist and dean of the Milken Institute School of Public Health at George Washington University. \"We're still trying to get people to immunize in the first place.\"</p>\n<p>The vaccination rate in the U.S. has flatlined at 48% . Telling people they need to get a third shot down line could lead to confusion, frustration, or an even more firm \"no\" from the hesitant.</p>\n<p>\"When you have so many Americans that are hesitant to get vaccinated, articulating to them that, 'Hey, the initial vaccines aren't going to be enough forever, and you're going to have to do this on a regular occurrence,' could make them more skeptical of the vaccines and less willing to get vaccinated initially,\" said Chris Meekins, a health policy analyst at Raymond James.</p>\n<p>The case for boosters is complicated</p>\n<p>Many public-health experts have said they expect booster doses will be necessary as immunity wanes and new variants emerge. However, much of that need is going to be based on when protection begins to diminish and in whom.</p>\n<p>Some experts believe booster shots will only be recommended for certain vulnerable segments of the population, like the elderly or people who are immunocompromised, and not for generally healthy Americans who want to reinforce the level of protection they already have. An influential CDC committee is expected to meet July 22 to discuss whether immunocompromised people need a booster shot.</p>\n<p>\"We believe the likely upcoming spike in cases and deaths may tip the balance\" in favor of boosters, RBC Capital Markets analyst Brian Abrahams told investors this week. \"Should a targeted booster approach be taken, we believe this provides evidence that immunosuppressed individuals and those with co-morbidities should be among the first dosed.\"</p>\n<p>This discussion is already playing out in other countries.</p>\n<p>A group of French doctors published a letter , outlining who can get a third shot depending on age, health status, and profession. Israel is now offering third doses to the immunocompromised.</p>\n<p>In the U.S., vaccine makers face a specific set of obstacles. One has to do with ensuring supply at a time when the authorized vaccines developed by Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a>, Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, and Pfizer are still bound by the requirements of the Defense Production Act, which can require companies based here to give priority to the U.S. during the public-health emergency.</p>\n<p>\"It looks like the pharmaceutical company is at odds with our federal health officials,\" said Dr. Leana Wen, an emergency room physician, \"when, actually, this is a matter of the pharmaceutical companies wanting to be prepared, wanting to have the boosters available, if and when they're needed.\"</p>\n<p>Moderna is studying booster doses, too. It announced a new deal in June with the U.S. for 200 million doses, \"which could be used for primary vaccination, including of children, or possibly as a booster if that becomes necessary to continue to defeat the pandemic,\" Moderna CEO Stéphane Bancel said in a news release. The company has signed agreements that could include booster shots with Argentina, Europe, Saudi Arabia, and Switzerland.</p>\n<p>Pfizer has not announced any deals that include boosters with the U.S.</p>\n<p>\"I think the company believes that it can garner public opinion to support a booster over people's fear of the most recent delta variant and are capitalizing on that opportunity to try to force the government in the direction they want it to go,\" Meekins said.</p>\n<p>How long does immunity from vaccines last?</p>\n<p>In a nutshell: We don't know. There are a still a number of unanswered questions about the \"durability\" of immunity.</p>\n<p>These include: What is the level of neutralizing antibody titers that still provide protection? Will T-cell response provide immunity if antibodies wane? When will we have a test that assesses antibody levels? When will the FDA establish a \"correlate\" of protection? Will only the most vulnerable people need a boost?</p>\n<p>To further complicate things, this is the first time we've had a vaccine for a coronavirus and the first time that mRNA shots have ever been deployed. Those factors create additional unknowns. And so without answers to some or all of these questions, we are largely stuck guessing.</p>\n<p>\"We basically are operating, in my view, in a fact-free zone,\" Goldman said. \"I don't think it at all irrational to get a EUA for boosters right now. I see the rationale. How we talk about it is a different issue.\"</p>\n<p>Pfizer recently said that immunity provided by its COVID-19 vaccine can wane six to 12 months after full vaccination; other officials believe the length of immunity is close to the tail end of that estimate, including the FDA's Dr. Peter Marks, who suggested in May that it's closer to at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> year of protection.</p>\n<p>\"It's very unlikely that immunity is just going to fall off a cliff at some point,\" Wen said. \"More likely, you're going to see a gradual waning over time...And so I think that is part of the difficulty in translating these complicated messages to sound bites for the general public.\"</p>\n<p>See now:WHO head slams countries for ordering millions of COVID booster shots, when much of the world has not even vaccinated the most vulnerable</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>Pfizer is making the case for COVID-19 booster shots. Fauci say we don't need a third dose yet. Who's right?</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\">\nPfizer is making the case for COVID-19 booster shots. Fauci say we don't need a third dose yet. Who's right?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-18 03:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>'I think people are hesitant to support booster dosing because at least for now it's unnecessary,' said Dr. Paul Offit, a vaccine expert</p>\n<p>A very public regulatory debate about COVID-19 booster shots has seemingly put Pfizer at odds with federal health officials who say it's not necessary to get another shot at this time.</p>\n<p>Pfizer <a href=\"https://laohu8.com/S/PFE\">$(PFE)$</a> last week reiterated plans to seek emergency authorization that tied waning protection from its vaccine to the more transmissible delta variant. The drug maker also said it's developing a booster specifically targeting delta, which is now thought to be the dominant strain of the virus in the U.S.</p>\n<p>Health officials and medical experts, on the other hand, continue to say there is no scientific case for COVID-19 boosters right now.</p>\n<p>\"I think people are hesitant to support booster dosing because at least for now it's unnecessary,\" Dr. Paul Offit, director of the Vaccine Education Center at Children's Hospital of Philadelphia, told MarketWatch in an email.</p>\n<p>Dr. Anthony Fauci, chief medical adviser to President Joe Biden, on Sunday told CNN on Thursday saying something similar.</p>\n<p>And, in an email sent Friday afternoon and viewed by MarketWatch, National Institutes of Health director Dr. Francis Collins told staff that \"Pfizer seems to have gotten way out over their skis here,\" indicating that the company may be getting ahead of itself when it comes to boosters.</p>\n<p>But if the science evolves and it indicates that boosters are needed, that's going to present a new set of communication challenges for the Biden administration.</p>\n<p>\"It's distracting if people are getting an impression from statements from companies that they need\" to get a booster, said Dr. Lynn Goldman, an epidemiologist and dean of the Milken Institute School of Public Health at George Washington University. \"We're still trying to get people to immunize in the first place.\"</p>\n<p>The vaccination rate in the U.S. has flatlined at 48% . Telling people they need to get a third shot down line could lead to confusion, frustration, or an even more firm \"no\" from the hesitant.</p>\n<p>\"When you have so many Americans that are hesitant to get vaccinated, articulating to them that, 'Hey, the initial vaccines aren't going to be enough forever, and you're going to have to do this on a regular occurrence,' could make them more skeptical of the vaccines and less willing to get vaccinated initially,\" said Chris Meekins, a health policy analyst at Raymond James.</p>\n<p>The case for boosters is complicated</p>\n<p>Many public-health experts have said they expect booster doses will be necessary as immunity wanes and new variants emerge. However, much of that need is going to be based on when protection begins to diminish and in whom.</p>\n<p>Some experts believe booster shots will only be recommended for certain vulnerable segments of the population, like the elderly or people who are immunocompromised, and not for generally healthy Americans who want to reinforce the level of protection they already have. An influential CDC committee is expected to meet July 22 to discuss whether immunocompromised people need a booster shot.</p>\n<p>\"We believe the likely upcoming spike in cases and deaths may tip the balance\" in favor of boosters, RBC Capital Markets analyst Brian Abrahams told investors this week. \"Should a targeted booster approach be taken, we believe this provides evidence that immunosuppressed individuals and those with co-morbidities should be among the first dosed.\"</p>\n<p>This discussion is already playing out in other countries.</p>\n<p>A group of French doctors published a letter , outlining who can get a third shot depending on age, health status, and profession. Israel is now offering third doses to the immunocompromised.</p>\n<p>In the U.S., vaccine makers face a specific set of obstacles. One has to do with ensuring supply at a time when the authorized vaccines developed by Johnson &amp; Johnson <a href=\"https://laohu8.com/S/JNJ\">$(JNJ)$</a>, Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, and Pfizer are still bound by the requirements of the Defense Production Act, which can require companies based here to give priority to the U.S. during the public-health emergency.</p>\n<p>\"It looks like the pharmaceutical company is at odds with our federal health officials,\" said Dr. Leana Wen, an emergency room physician, \"when, actually, this is a matter of the pharmaceutical companies wanting to be prepared, wanting to have the boosters available, if and when they're needed.\"</p>\n<p>Moderna is studying booster doses, too. It announced a new deal in June with the U.S. for 200 million doses, \"which could be used for primary vaccination, including of children, or possibly as a booster if that becomes necessary to continue to defeat the pandemic,\" Moderna CEO Stéphane Bancel said in a news release. The company has signed agreements that could include booster shots with Argentina, Europe, Saudi Arabia, and Switzerland.</p>\n<p>Pfizer has not announced any deals that include boosters with the U.S.</p>\n<p>\"I think the company believes that it can garner public opinion to support a booster over people's fear of the most recent delta variant and are capitalizing on that opportunity to try to force the government in the direction they want it to go,\" Meekins said.</p>\n<p>How long does immunity from vaccines last?</p>\n<p>In a nutshell: We don't know. There are a still a number of unanswered questions about the \"durability\" of immunity.</p>\n<p>These include: What is the level of neutralizing antibody titers that still provide protection? Will T-cell response provide immunity if antibodies wane? When will we have a test that assesses antibody levels? When will the FDA establish a \"correlate\" of protection? Will only the most vulnerable people need a boost?</p>\n<p>To further complicate things, this is the first time we've had a vaccine for a coronavirus and the first time that mRNA shots have ever been deployed. Those factors create additional unknowns. And so without answers to some or all of these questions, we are largely stuck guessing.</p>\n<p>\"We basically are operating, in my view, in a fact-free zone,\" Goldman said. \"I don't think it at all irrational to get a EUA for boosters right now. I see the rationale. How we talk about it is a different issue.\"</p>\n<p>Pfizer recently said that immunity provided by its COVID-19 vaccine can wane six to 12 months after full vaccination; other officials believe the length of immunity is close to the tail end of that estimate, including the FDA's Dr. Peter Marks, who suggested in May that it's closer to at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> year of protection.</p>\n<p>\"It's very unlikely that immunity is just going to fall off a cliff at some point,\" Wen said. \"More likely, you're going to see a gradual waning over time...And so I think that is part of the difficulty in translating these complicated messages to sound bites for the general public.\"</p>\n<p>See now:WHO head slams countries for ordering millions of COVID booster shots, when much of the world has not even vaccinated the most vulnerable</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","JNJ":"强生","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152811496","content_text":"'I think people are hesitant to support booster dosing because at least for now it's unnecessary,' said Dr. Paul Offit, a vaccine expert\nA very public regulatory debate about COVID-19 booster shots has seemingly put Pfizer at odds with federal health officials who say it's not necessary to get another shot at this time.\nPfizer $(PFE)$ last week reiterated plans to seek emergency authorization that tied waning protection from its vaccine to the more transmissible delta variant. The drug maker also said it's developing a booster specifically targeting delta, which is now thought to be the dominant strain of the virus in the U.S.\nHealth officials and medical experts, on the other hand, continue to say there is no scientific case for COVID-19 boosters right now.\n\"I think people are hesitant to support booster dosing because at least for now it's unnecessary,\" Dr. Paul Offit, director of the Vaccine Education Center at Children's Hospital of Philadelphia, told MarketWatch in an email.\nDr. Anthony Fauci, chief medical adviser to President Joe Biden, on Sunday told CNN on Thursday saying something similar.\nAnd, in an email sent Friday afternoon and viewed by MarketWatch, National Institutes of Health director Dr. Francis Collins told staff that \"Pfizer seems to have gotten way out over their skis here,\" indicating that the company may be getting ahead of itself when it comes to boosters.\nBut if the science evolves and it indicates that boosters are needed, that's going to present a new set of communication challenges for the Biden administration.\n\"It's distracting if people are getting an impression from statements from companies that they need\" to get a booster, said Dr. Lynn Goldman, an epidemiologist and dean of the Milken Institute School of Public Health at George Washington University. \"We're still trying to get people to immunize in the first place.\"\nThe vaccination rate in the U.S. has flatlined at 48% . Telling people they need to get a third shot down line could lead to confusion, frustration, or an even more firm \"no\" from the hesitant.\n\"When you have so many Americans that are hesitant to get vaccinated, articulating to them that, 'Hey, the initial vaccines aren't going to be enough forever, and you're going to have to do this on a regular occurrence,' could make them more skeptical of the vaccines and less willing to get vaccinated initially,\" said Chris Meekins, a health policy analyst at Raymond James.\nThe case for boosters is complicated\nMany public-health experts have said they expect booster doses will be necessary as immunity wanes and new variants emerge. However, much of that need is going to be based on when protection begins to diminish and in whom.\nSome experts believe booster shots will only be recommended for certain vulnerable segments of the population, like the elderly or people who are immunocompromised, and not for generally healthy Americans who want to reinforce the level of protection they already have. An influential CDC committee is expected to meet July 22 to discuss whether immunocompromised people need a booster shot.\n\"We believe the likely upcoming spike in cases and deaths may tip the balance\" in favor of boosters, RBC Capital Markets analyst Brian Abrahams told investors this week. \"Should a targeted booster approach be taken, we believe this provides evidence that immunosuppressed individuals and those with co-morbidities should be among the first dosed.\"\nThis discussion is already playing out in other countries.\nA group of French doctors published a letter , outlining who can get a third shot depending on age, health status, and profession. Israel is now offering third doses to the immunocompromised.\nIn the U.S., vaccine makers face a specific set of obstacles. One has to do with ensuring supply at a time when the authorized vaccines developed by Johnson & Johnson $(JNJ)$, Moderna $(MRNA)$, and Pfizer are still bound by the requirements of the Defense Production Act, which can require companies based here to give priority to the U.S. during the public-health emergency.\n\"It looks like the pharmaceutical company is at odds with our federal health officials,\" said Dr. Leana Wen, an emergency room physician, \"when, actually, this is a matter of the pharmaceutical companies wanting to be prepared, wanting to have the boosters available, if and when they're needed.\"\nModerna is studying booster doses, too. It announced a new deal in June with the U.S. for 200 million doses, \"which could be used for primary vaccination, including of children, or possibly as a booster if that becomes necessary to continue to defeat the pandemic,\" Moderna CEO Stéphane Bancel said in a news release. The company has signed agreements that could include booster shots with Argentina, Europe, Saudi Arabia, and Switzerland.\nPfizer has not announced any deals that include boosters with the U.S.\n\"I think the company believes that it can garner public opinion to support a booster over people's fear of the most recent delta variant and are capitalizing on that opportunity to try to force the government in the direction they want it to go,\" Meekins said.\nHow long does immunity from vaccines last?\nIn a nutshell: We don't know. There are a still a number of unanswered questions about the \"durability\" of immunity.\nThese include: What is the level of neutralizing antibody titers that still provide protection? Will T-cell response provide immunity if antibodies wane? When will we have a test that assesses antibody levels? When will the FDA establish a \"correlate\" of protection? Will only the most vulnerable people need a boost?\nTo further complicate things, this is the first time we've had a vaccine for a coronavirus and the first time that mRNA shots have ever been deployed. Those factors create additional unknowns. And so without answers to some or all of these questions, we are largely stuck guessing.\n\"We basically are operating, in my view, in a fact-free zone,\" Goldman said. \"I don't think it at all irrational to get a EUA for boosters right now. I see the rationale. How we talk about it is a different issue.\"\nPfizer recently said that immunity provided by its COVID-19 vaccine can wane six to 12 months after full vaccination; other officials believe the length of immunity is close to the tail end of that estimate, including the FDA's Dr. Peter Marks, who suggested in May that it's closer to at least one year of protection.\n\"It's very unlikely that immunity is just going to fall off a cliff at some point,\" Wen said. \"More likely, you're going to see a gradual waning over time...And so I think that is part of the difficulty in translating these complicated messages to sound bites for the general public.\"\nSee now:WHO head slams countries for ordering millions of COVID booster shots, when much of the world has not even vaccinated the most vulnerable","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173166189,"gmtCreate":1626647777741,"gmtModify":1703762511183,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173166189","repostId":"2152368129","repostType":4,"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120121201,"gmtCreate":1624316207503,"gmtModify":1703833064598,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120121201","repostId":"1127414335","repostType":4,"repost":{"id":"1127414335","kind":"news","pubTimestamp":1624288763,"share":"https://ttm.financial/m/news/1127414335?lang=&edition=fundamental","pubTime":"2021-06-21 23:19","market":"us","language":"en","title":"Amazon's Stock Is Ready For The Next Leg Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1127414335","media":"seekingalpha","summary":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to con","content":"<p><b>Summary</b></p>\n<ul>\n <li>After a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.</li>\n <li>Amazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).</li>\n <li>The stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.</li>\n <li>Today, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>Amazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.</p>\n<p>The primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.</p>\n<p>After evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.</p>\n<p><b>The Tale Of A Year-Long Consolidation</b></p>\n<p>At BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.</p>\n<p>Here's our extensive research work on Amazon:</p>\n<ol>\n <li>Retail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth</li>\n <li>Amazon Web Services -Amazon: Here's What You Should Be Monitoring</li>\n <li>Digital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS</li>\n</ol>\n<p><img src=\"https://static.tigerbbs.com/86ef0b4ba9477ffe4662dd02b4a4fe56\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>Now, our modest buy ratings from last year have been justified. Amazon has underperformed the S&amp;P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.</p>\n<p><img src=\"https://static.tigerbbs.com/450a291ce832606dc4568f5b000a234b\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>After rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.</p>\n<p><b>Why Is Amazon Ready To Move Higher?</b></p>\n<p>In Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:</p>\n<p><img src=\"https://static.tigerbbs.com/484d6ffb34aa711d2460f56878a19b30\" tg-width=\"640\" tg-height=\"277\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Amazon Q1 2021 Earnings Release</p>\n<p>With acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.</p>\n<p><img src=\"https://static.tigerbbs.com/4f684da9379808e65eb00bac24f21bd5\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>As you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).</p>\n<p><img src=\"https://static.tigerbbs.com/de1ec1d647bed5d59e91bdaa0535d25e\" tg-width=\"640\" tg-height=\"420\"></p>\n<p>Source:&nbsp;Amazon Q1 2021 Earnings Release</p>\n<p>Since 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.</p>\n<p><img src=\"https://static.tigerbbs.com/4f1ccee71f8675c6cabd16cf4e08733d\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>The massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.</p>\n<p><img src=\"https://static.tigerbbs.com/9c041f8732f0e9557d632f4bc3444b54\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>Amazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.</p>\n<p><img src=\"https://static.tigerbbs.com/c6b99e2dd54b3885cd7542d213be0429\" tg-width=\"640\" tg-height=\"635\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Seeking Alpha</p>\n<p>I believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.</p>\n<p><b>Fair Value And Expected Returns</b></p>\n<p>To determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:</p>\n<ul>\n <li><p>In step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.</p></li>\n <li><p>In step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).</p></li>\n <li><p>In step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.</p></li>\n</ul>\n<p>With massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.</p>\n<p><b>Assumptions:</b></p>\n<p><img src=\"https://static.tigerbbs.com/82136b2cd82ebf242b95eb6d17e2f4b1\" tg-width=\"620\" tg-height=\"538\"></p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/50a3cb8964e421080c530abc1b3d62bf\" tg-width=\"603\" tg-height=\"729\">Source: L.A. Stevens Valuation Model</p>\n<p>As per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.</p>\n<p>To calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.</p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/1fb09f1799ac5ea2741e204766b4df3c\" tg-width=\"605\" tg-height=\"429\">Source: L.A. Stevens Valuation Model</p>\n<p>As you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.</p>\n<p><b>Risks</b></p>\n<ul>\n <li>Amazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.</li>\n <li>Furthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.</li>\n <li>Since Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.</li>\n <li>In the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.</li>\n <li>For the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.</li>\n <li>Also, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.</li>\n <li>Amazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.</li>\n <li>The healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.</li>\n</ul>\n<p><b>Concluding Thoughts</b></p>\n<p>Amazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.</p>\n<p>In the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.</p>\n<p>Key Takeaway: I rate Amazon a buy at $3,400.</p>\n<p>Thanks for reading, remember to follow for more, and happy investing!</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon's Stock Is Ready For The Next Leg Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon's Stock Is Ready For The Next Leg Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1127414335","content_text":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).\nThe stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.\nToday, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.\n\nInvestment Thesis\nAmazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.\nThe primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.\nAfter evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.\nThe Tale Of A Year-Long Consolidation\nAt BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.\nHere's our extensive research work on Amazon:\n\nRetail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth\nAmazon Web Services -Amazon: Here's What You Should Be Monitoring\nDigital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS\n\nSource: YCharts\nNow, our modest buy ratings from last year have been justified. Amazon has underperformed the S&P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.\n\nSource: YCharts\nAfter rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.\nWhy Is Amazon Ready To Move Higher?\nIn Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:\n\nSource:Amazon Q1 2021 Earnings Release\nWith acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.\n\nSource: YCharts\nAs you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).\n\nSource: Amazon Q1 2021 Earnings Release\nSince 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.\nSource: YCharts\nThe massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.\n\nSource: YCharts\nAmazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.\n\nSource:Seeking Alpha\nI believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.\nFair Value And Expected Returns\nTo determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:\n\nIn step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.\nIn step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).\nIn step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.\n\nWith massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.\nAssumptions:\n\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.\nTo calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.\nRisks\n\nAmazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.\nFurthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.\nSince Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.\nIn the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.\nFor the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.\nAlso, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.\nAmazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.\nThe healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.\n\nConcluding Thoughts\nAmazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.\nIn the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.\nKey Takeaway: I rate Amazon a buy at $3,400.\nThanks for reading, remember to follow for more, and happy investing!","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801533956,"gmtCreate":1627522098375,"gmtModify":1703491569208,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"…..","listText":"…..","text":"…..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801533956","repostId":"1127264445","repostType":4,"repost":{"id":"1127264445","kind":"news","pubTimestamp":1627514621,"share":"https://ttm.financial/m/news/1127264445?lang=&edition=fundamental","pubTime":"2021-07-29 07:23","market":"us","language":"en","title":"S&P 500 ends off day's lows; Powell says Fed still a ways away from rate hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1127264445","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 ended little changed on Wednesday but off its session lows after th","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 ended little changed on Wednesday but off its session lows after the Federal Reserve said the U.S. economic recovery remains on track and Chair Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> said the central bank was still a ways away from considering raising interest rates.</p>\n<p>Keeping the market in check, shares of tech giant <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc fell 1.2% after it forecast slowing revenue growth.</p>\n<p>In a news conference following the release of a new policy statement from the Fed, Powell also said the U.S. job market still had “some ground to cover” before it would be time to pull back from the economic support the U.S. central bank put in place in the spring of 2020 to battle the coronavirus pandemic’s economic shocks.</p>\n<p>“It looks like probably the most positive thing for the market was that they are nowhere near increasing interest rates,” said Alan Lancz, president, Alan B. Lancz &amp; Associates Inc, an investment advisory firm based in Toledo, Ohio.</p>\n<p>Right after the Fed statement, the S&amp;P 500 index reversed slight declines though it still ended a hair lower on the day.</p>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> have been worried about how rising inflation and a spike in COVID-19 cases might impact the central bank’s plan to potentially start withdrawing its stimulus.</p>\n<p>The central bank also said that higher inflation remained the result of “transitory factors.” The Fed kept its overnight benchmark interest rate near zero and left unchanged its bond-buying program.</p>\n<p>The <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> ended higher and shares of Google parent <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc hit an all-time high as a surge in advertising spending helped it post record quarterly results. The stock ended up 3.2%.</p>\n<p>The Dow Jones Industrial Average fell 127.59 points, or 0.36%, to 34,930.93, the S&amp;P 500 lost 0.82 point, or 0.02%, to 4,400.64 and the Nasdaq Composite added 102.01 points, or 0.7%, to 14,762.58.</p>\n<p>The Fed’s statement came at the conclusion of its latest two-day policy meeting.</p>\n<p>“They had a chance to signal they were going to become more hawkish and they chose not to take it. The most important thing is they are predictable and they are remaining predictable,” said Ellen Hazen, portfolio manager at F.L. Putnam Investment Management in <a href=\"https://laohu8.com/S/WEBK\">Wellesley</a>, Massachusetts.</p>\n<p>In other earnings news, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp ended down 0.1% even as a boom in cloud services helped it beat Wall Street expectations for revenue and earnings.</p>\n<p>Volume on U.S. exchanges was 9.86 billion shares, compared with a similar average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.85-to-1 ratio; on Nasdaq, a 2.61-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 42 new 52-week highs and no new lows; the Nasdaq Composite recorded 44 new highs and 67 new lows.</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>S&P 500 ends off day's lows; Powell says Fed still a ways away from rate hikes</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\">\nS&P 500 ends off day's lows; Powell says Fed still a ways away from rate hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 07:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-ends-off-days-lows-powell-says-fed-still-a-ways-away-from-rate-hikes-idUSL1N2P435H><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 ended little changed on Wednesday but off its session lows after the Federal Reserve said the U.S. economic recovery remains on track and Chair Jerome Powell said the ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-ends-off-days-lows-powell-says-fed-still-a-ways-away-from-rate-hikes-idUSL1N2P435H\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SH":"标普500反向ETF",".DJI":"道琼斯","UPRO":"三倍做多标普500ETF","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite","SSO":"两倍做多标普500ETF","SPY":"标普500ETF","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","OEX":"标普100"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-ends-off-days-lows-powell-says-fed-still-a-ways-away-from-rate-hikes-idUSL1N2P435H","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127264445","content_text":"NEW YORK (Reuters) - The S&P 500 ended little changed on Wednesday but off its session lows after the Federal Reserve said the U.S. economic recovery remains on track and Chair Jerome Powell said the central bank was still a ways away from considering raising interest rates.\nKeeping the market in check, shares of tech giant Apple Inc fell 1.2% after it forecast slowing revenue growth.\nIn a news conference following the release of a new policy statement from the Fed, Powell also said the U.S. job market still had “some ground to cover” before it would be time to pull back from the economic support the U.S. central bank put in place in the spring of 2020 to battle the coronavirus pandemic’s economic shocks.\n“It looks like probably the most positive thing for the market was that they are nowhere near increasing interest rates,” said Alan Lancz, president, Alan B. Lancz & Associates Inc, an investment advisory firm based in Toledo, Ohio.\nRight after the Fed statement, the S&P 500 index reversed slight declines though it still ended a hair lower on the day.\nInvestors have been worried about how rising inflation and a spike in COVID-19 cases might impact the central bank’s plan to potentially start withdrawing its stimulus.\nThe central bank also said that higher inflation remained the result of “transitory factors.” The Fed kept its overnight benchmark interest rate near zero and left unchanged its bond-buying program.\nThe Nasdaq ended higher and shares of Google parent Alphabet Inc hit an all-time high as a surge in advertising spending helped it post record quarterly results. The stock ended up 3.2%.\nThe Dow Jones Industrial Average fell 127.59 points, or 0.36%, to 34,930.93, the S&P 500 lost 0.82 point, or 0.02%, to 4,400.64 and the Nasdaq Composite added 102.01 points, or 0.7%, to 14,762.58.\nThe Fed’s statement came at the conclusion of its latest two-day policy meeting.\n“They had a chance to signal they were going to become more hawkish and they chose not to take it. The most important thing is they are predictable and they are remaining predictable,” said Ellen Hazen, portfolio manager at F.L. Putnam Investment Management in Wellesley, Massachusetts.\nIn other earnings news, Microsoft Corp ended down 0.1% even as a boom in cloud services helped it beat Wall Street expectations for revenue and earnings.\nVolume on U.S. exchanges was 9.86 billion shares, compared with a similar average for the full session over the last 20 trading days.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.85-to-1 ratio; on Nasdaq, a 2.61-to-1 ratio favored advancers.\nThe S&P 500 posted 42 new 52-week highs and no new lows; the Nasdaq Composite recorded 44 new highs and 67 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165237331,"gmtCreate":1624145873323,"gmtModify":1703829274313,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165237331","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","kind":"news","pubTimestamp":1624063306,"share":"https://ttm.financial/m/news/1156696708?lang=&edition=fundamental","pubTime":"2021-06-19 08:41","market":"us","language":"en","title":"Dow falls more than 500 points to close out its worst week since October","url":"https://stock-news.laohu8.com/highlight/detail?id=1156696708","media":"cnbc","summary":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob","content":"<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow falls more than 500 points to close out its worst week since October</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\">\nDow falls more than 500 points to close out its worst week since October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156696708","content_text":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-chip average dropped 533.37 points, or 1.6%, to 33,290.08. TheS&P 500slid 1.3% to 4,166.45. Both the Dow and S&P 500 hit their session lows in the final minutes of trading and closed around those levels. TheNasdaq Compositeclosed 0.9% lower at 14,030.38. Economic comeback plays led the market losses.\nFor the week, the 30-stock Dow lost 3.5%. The S&P 500 and Nasdaq were down by 1.9% and 0.2%, respectively, week to date.\nSt. Louis Federal Reserve President Jim Bullardtold CNBC's \"Squawk Box\"on Friday it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022. His comments came after the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices.\n\"The fear held by some investors is that if the Fed tightens policy sooner than expected to help cool inflationary pressures, this could weigh on future economic growth,\" Truist Advisory Services chief market strategist Keith Lerner said in a note. To be sure, he added it would be premature to give up on the so-called value trade right now.\nPockets of the market most sensitive to the economic rebound led the sell-off this week. The S&P 500 energy sector and industrials dropped 5.2% and 3.8%, respectively, for the week. Financials and materials meanwhile, lost more than 6% each. These groups had been market leaders this year on the back of the economic reopening.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve. This means the yields of shorter-duration Treasurys — like the 2-year note — rose while longer-duration yields like the benchmark 10-year declined. The retreat in long-dated bond yields reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon hurt bank stocks particularly as their earnings could take a hit when the spread between short-term and long-term rates narrows. Bank of America and JPMorgan Chase shares on Friday lost more than 2% each. Citigroup fell by 1.8%, posting its 12th straight daily decline.\nFed Chairman Jerome Powell said Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"This week's first whiff of an eventual change in Fed policy was a reminder that emergency monetary conditions and the free-money era will ultimately end,\" strategists at MRB Partners wrote in a note. \"We expect a series of incremental retreats from the Fed's benign inflation outlook in the coming months.\"\nCommodity prices were underpressure this weekas China attempted to cool rising prices and as the U.S. dollar strengthens. Copper, gold and platinum fell once again on Friday.\nFriday also coincided with the quarterly \"quadruple witching\" in which options and futures on indexes and equities expire. This event may have contributed to more volatile trading during the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801531612,"gmtCreate":1627522152036,"gmtModify":1703491571002,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"::::::","listText":"::::::","text":"::::::","images":[{"img":"https://static.tigerbbs.com/15399ff44aead91605092a7b60bc4e39","width":"750","height":"2271"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/801531612","isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":173162812,"gmtCreate":1626647883936,"gmtModify":1703762510529,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??? &nbsp; &nbsp; &nbsp;","listText":"??? &nbsp; &nbsp; &nbsp;","text":"???","images":[{"img":"https://static.tigerbbs.com/39534eaaebba44c39c33a7ef0f3b659c","width":"750","height":"2210"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/173162812","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":179483044,"gmtCreate":1626571385488,"gmtModify":1703761803382,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[{"img":"https://static.tigerbbs.com/2be03758a20e1bd4006aa950879d53ad","width":"750","height":"2210"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179483044","isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":179480340,"gmtCreate":1626571317880,"gmtModify":1703761800311,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179480340","repostId":"2152812616","repostType":2,"repost":{"id":"2152812616","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626559168,"share":"https://ttm.financial/m/news/2152812616?lang=&edition=fundamental","pubTime":"2021-07-18 05:59","market":"sh","language":"en","title":"U.S. administers 337.24 million doses of COVID-19 vaccines - CDC","url":"https://stock-news.laohu8.com/highlight/detail?id=2152812616","media":"Reuters","summary":"July 17 (Reuters) - The United States has administered 337,239,448 doses of COVID-19 vaccines in the","content":"<html><body><p>July 17 (Reuters) - The United States has administered 337,239,448 doses of COVID-19 vaccines in the country as of Saturday morning and distributed 390,100,705 doses, the U.S. Centers for Disease Control and Prevention said on Saturday.</p><p>   Those figures are up from the 336,604,158 doses the CDC said had gone into arms by Friday, out of 389,359,835 doses delivered.</p><p>   The agency said 185,765,452 people had received at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> dose while 160,994,035 people were fully vaccinated as of Saturday.</p><p>   The CDC tally includes two-dose vaccines from Moderna</p><p>  and Pfizer/BioNTech    , as well as Johnson &amp; Johnson's    one-shot vaccine as of 6:00 a.m. ET on Saturday.</p><p> (Editing by Richard Chang)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. administers 337.24 million doses of COVID-19 vaccines - CDC</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. administers 337.24 million doses of COVID-19 vaccines - CDC\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\">2021-07-18 05:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>July 17 (Reuters) - The United States has administered 337,239,448 doses of COVID-19 vaccines in the country as of Saturday morning and distributed 390,100,705 doses, the U.S. Centers for Disease Control and Prevention said on Saturday.</p><p>   Those figures are up from the 336,604,158 doses the CDC said had gone into arms by Friday, out of 389,359,835 doses delivered.</p><p>   The agency said 185,765,452 people had received at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> dose while 160,994,035 people were fully vaccinated as of Saturday.</p><p>   The CDC tally includes two-dose vaccines from Moderna</p><p>  and Pfizer/BioNTech    , as well as Johnson &amp; Johnson's    one-shot vaccine as of 6:00 a.m. ET on Saturday.</p><p> (Editing by Richard Chang)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc.","PFE":"辉瑞","JNJ":"强生"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152812616","content_text":"July 17 (Reuters) - The United States has administered 337,239,448 doses of COVID-19 vaccines in the country as of Saturday morning and distributed 390,100,705 doses, the U.S. Centers for Disease Control and Prevention said on Saturday.   Those figures are up from the 336,604,158 doses the CDC said had gone into arms by Friday, out of 389,359,835 doses delivered.   The agency said 185,765,452 people had received at least one dose while 160,994,035 people were fully vaccinated as of Saturday.   The CDC tally includes two-dose vaccines from Moderna  and Pfizer/BioNTech    , as well as Johnson & Johnson's    one-shot vaccine as of 6:00 a.m. ET on Saturday. (Editing by Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147795499,"gmtCreate":1626390484911,"gmtModify":1703759062937,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[{"img":"https://static.tigerbbs.com/ead232512019fbf2767345a58549736a","width":"750","height":"2270"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147795499","isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":155701807,"gmtCreate":1625451551109,"gmtModify":1703741957044,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"?? ??????","listText":"?? ??????","text":"?? ??????","images":[{"img":"https://static.tigerbbs.com/ac0248f84c75fce55398c051dd8c2d91","width":"750","height":"2210"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155701807","isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":126244198,"gmtCreate":1624577201814,"gmtModify":1703840591879,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126244198","repostId":"1198422658","repostType":4,"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121484085,"gmtCreate":1624489568947,"gmtModify":1703837986262,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121484085","repostId":"1156291883","repostType":4,"repost":{"id":"1156291883","kind":"news","pubTimestamp":1624457943,"share":"https://ttm.financial/m/news/1156291883?lang=&edition=fundamental","pubTime":"2021-06-23 22:19","market":"us","language":"en","title":"Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says","url":"https://stock-news.laohu8.com/highlight/detail?id=1156291883","media":"cnbc","summary":"KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have su","content":"<div>\n<p>KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 22:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html\">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.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156291883","content_text":"KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a new report from Adobe Analytics.\nTotal e-commerce sales on Monday and Tuesday surpassed $11 billion, representing 6.1% growth compared with last year's October Prime Day event, Adobe said.\n\nOnline retail sales in the United States duringAmazon's48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a new report.\nTotal e-commerce sales on Monday and Tuesday surpassed $11 billion, representing 6.1% growth compared with last year's October Prime Day event, according to an index tracked by Adobe Analytics, which looks at more than 1 trillion visits to U.S. retail sites and over 100 million items across 18 product categories.\nOnline retail sales amounted to $5.6 billion on Monday, the first day of Prime Day, and $5.4 billion on day two, Adobe said. That made Monday the biggest day for digital sales so far this year, and Tuesday the second-biggest day, Adobe added.\nLast holiday shopping season, sales during Cyber Monday amounted to about $10.9 billion, marking the largest U.S. online shopping day on record.\n“There’s a pent up demand for online shopping as consumers look forward to a return to normalcy,” said Taylor Schreiner, director of Adobe Digital insights. “The halo effect of Prime Day also played a significant role, giving both large and small online retailers significant revenue lifts.”\nBusinesses including Walmart, Target, Best Buy and Kohl’s have been offering competing markdowns this week.\nAdobe said that retailers that bring in more than $1 billion in revenue each year reported a 29% increase in e-commerce sales during Prime Day compared with an average June day, while smaller retailers doing less than $10 million in annual revenue saw a 21% lift.\nAdobe also found that discount levels were fairly consistent on Monday and Tuesday, with toys marked down by 12%, on average, and appliances discounted by 5%. It still said the best deals are expected to come closer to the holiday shopping season.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121485378,"gmtCreate":1624489551394,"gmtModify":1703837985445,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121485378","repostId":"1156291883","repostType":4,"repost":{"id":"1156291883","kind":"news","pubTimestamp":1624457943,"share":"https://ttm.financial/m/news/1156291883?lang=&edition=fundamental","pubTime":"2021-06-23 22:19","market":"us","language":"en","title":"Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says","url":"https://stock-news.laohu8.com/highlight/detail?id=1156291883","media":"cnbc","summary":"KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have su","content":"<div>\n<p>KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Prime Day sales surpass $11 billion, topping record Cyber Monday levels, Adobe says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 22:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html\">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.cnbc.com/2021/06/23/amazon-prime-day-sales-surpass-11-billion-topping-cyber-monday-levels-adobe.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156291883","content_text":"KEY POINTS\n\nOnline retail sales in the United States during Amazon's 48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a new report from Adobe Analytics.\nTotal e-commerce sales on Monday and Tuesday surpassed $11 billion, representing 6.1% growth compared with last year's October Prime Day event, Adobe said.\n\nOnline retail sales in the United States duringAmazon's48-hour Prime Day event have surpassed record levels of e-commerce spending reached during Cyber Monday last year, according to a new report.\nTotal e-commerce sales on Monday and Tuesday surpassed $11 billion, representing 6.1% growth compared with last year's October Prime Day event, according to an index tracked by Adobe Analytics, which looks at more than 1 trillion visits to U.S. retail sites and over 100 million items across 18 product categories.\nOnline retail sales amounted to $5.6 billion on Monday, the first day of Prime Day, and $5.4 billion on day two, Adobe said. That made Monday the biggest day for digital sales so far this year, and Tuesday the second-biggest day, Adobe added.\nLast holiday shopping season, sales during Cyber Monday amounted to about $10.9 billion, marking the largest U.S. online shopping day on record.\n“There’s a pent up demand for online shopping as consumers look forward to a return to normalcy,” said Taylor Schreiner, director of Adobe Digital insights. “The halo effect of Prime Day also played a significant role, giving both large and small online retailers significant revenue lifts.”\nBusinesses including Walmart, Target, Best Buy and Kohl’s have been offering competing markdowns this week.\nAdobe said that retailers that bring in more than $1 billion in revenue each year reported a 29% increase in e-commerce sales during Prime Day compared with an average June day, while smaller retailers doing less than $10 million in annual revenue saw a 21% lift.\nAdobe also found that discount levels were fairly consistent on Monday and Tuesday, with toys marked down by 12%, on average, and appliances discounted by 5%. It still said the best deals are expected to come closer to the holiday shopping season.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120121185,"gmtCreate":1624316196847,"gmtModify":1703833064112,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120121185","repostId":"1127414335","repostType":4,"repost":{"id":"1127414335","kind":"news","pubTimestamp":1624288763,"share":"https://ttm.financial/m/news/1127414335?lang=&edition=fundamental","pubTime":"2021-06-21 23:19","market":"us","language":"en","title":"Amazon's Stock Is Ready For The Next Leg Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1127414335","media":"seekingalpha","summary":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to con","content":"<p><b>Summary</b></p>\n<ul>\n <li>After a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.</li>\n <li>Amazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).</li>\n <li>The stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.</li>\n <li>Today, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>Amazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.</p>\n<p>The primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.</p>\n<p>After evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.</p>\n<p><b>The Tale Of A Year-Long Consolidation</b></p>\n<p>At BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.</p>\n<p>Here's our extensive research work on Amazon:</p>\n<ol>\n <li>Retail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth</li>\n <li>Amazon Web Services -Amazon: Here's What You Should Be Monitoring</li>\n <li>Digital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS</li>\n</ol>\n<p><img src=\"https://static.tigerbbs.com/86ef0b4ba9477ffe4662dd02b4a4fe56\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>Now, our modest buy ratings from last year have been justified. Amazon has underperformed the S&amp;P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.</p>\n<p><img src=\"https://static.tigerbbs.com/450a291ce832606dc4568f5b000a234b\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>After rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.</p>\n<p><b>Why Is Amazon Ready To Move Higher?</b></p>\n<p>In Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:</p>\n<p><img src=\"https://static.tigerbbs.com/484d6ffb34aa711d2460f56878a19b30\" tg-width=\"640\" tg-height=\"277\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Amazon Q1 2021 Earnings Release</p>\n<p>With acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.</p>\n<p><img src=\"https://static.tigerbbs.com/4f684da9379808e65eb00bac24f21bd5\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>As you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).</p>\n<p><img src=\"https://static.tigerbbs.com/de1ec1d647bed5d59e91bdaa0535d25e\" tg-width=\"640\" tg-height=\"420\"></p>\n<p>Source:&nbsp;Amazon Q1 2021 Earnings Release</p>\n<p>Since 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.</p>\n<p><img src=\"https://static.tigerbbs.com/4f1ccee71f8675c6cabd16cf4e08733d\" tg-width=\"640\" tg-height=\"379\" referrerpolicy=\"no-referrer\">Source: YCharts</p>\n<p>The massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.</p>\n<p><img src=\"https://static.tigerbbs.com/9c041f8732f0e9557d632f4bc3444b54\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>Source: YCharts</p>\n<p>Amazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.</p>\n<p><img src=\"https://static.tigerbbs.com/c6b99e2dd54b3885cd7542d213be0429\" tg-width=\"640\" tg-height=\"635\" referrerpolicy=\"no-referrer\"></p>\n<p>Source:Seeking Alpha</p>\n<p>I believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.</p>\n<p><b>Fair Value And Expected Returns</b></p>\n<p>To determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:</p>\n<ul>\n <li><p>In step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.</p></li>\n <li><p>In step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).</p></li>\n <li><p>In step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.</p></li>\n</ul>\n<p>With massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.</p>\n<p><b>Assumptions:</b></p>\n<p><img src=\"https://static.tigerbbs.com/82136b2cd82ebf242b95eb6d17e2f4b1\" tg-width=\"620\" tg-height=\"538\"></p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/50a3cb8964e421080c530abc1b3d62bf\" tg-width=\"603\" tg-height=\"729\">Source: L.A. Stevens Valuation Model</p>\n<p>As per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.</p>\n<p>To calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.</p>\n<p>Here are the results:</p>\n<p><img src=\"https://static.tigerbbs.com/1fb09f1799ac5ea2741e204766b4df3c\" tg-width=\"605\" tg-height=\"429\">Source: L.A. Stevens Valuation Model</p>\n<p>As you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.</p>\n<p><b>Risks</b></p>\n<ul>\n <li>Amazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.</li>\n <li>Furthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.</li>\n <li>Since Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.</li>\n <li>In the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.</li>\n <li>For the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.</li>\n <li>Also, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.</li>\n <li>Amazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.</li>\n <li>The healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.</li>\n</ul>\n<p><b>Concluding Thoughts</b></p>\n<p>Amazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.</p>\n<p>In the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.</p>\n<p>Key Takeaway: I rate Amazon a buy at $3,400.</p>\n<p>Thanks for reading, remember to follow for more, and happy investing!</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon's Stock Is Ready For The Next Leg Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon's Stock Is Ready For The Next Leg Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4435860-amazons-stock-is-ready-for-the-next-leg-higher","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1127414335","content_text":"Summary\n\nAfter a year-long consolidation in stock prices, Amazon looks set to move higher due to continued momentum in its higher-margin businesses, i.e., AWS and Digital Ads.\nAmazon looks poised to blow past $500B in annual sales in 2021 with massive improvements in operating margins (profitability).\nThe stock is trading well below its fair value of $5,900 per share, and investors could generate ~19% CAGR returns over the next decade with Amazon.\nToday, I will share my analysis that suggests a fresh leg higher for Amazon's stock. Furthermore, we will discuss some of the key risks faced by the company.\n\nInvestment Thesis\nAmazon (AMZN) is delivering robust revenue and profitability growth in 2021 on top of the stellar numbers registered during the pandemic in 2020. However, investors watching Amazon's stock over the last 12 months or so would be led to think otherwise. After a big move last year, the stock has virtually frozen since mid 2020. In times where meme stock investors are making a lot of tendies (profits), Amazon's near-term underperformance has been disappointing for many long-term investors. However, things could look a lot different in the next 6-12 months. Amazon is set to scale new highs, and I will outline why that's the case in this article.\nThe primary driver of a company's price is free cash flow, and Amazon is poised to deliver a lot more of it. Amazon's higher-margin businesses, i.e., Amazon Web Services and Digital Ads (hidden in the \"Other\" segment in financial statements), are seeing accelerated growth. Furthermore, Amazon's e-commerce business also is delivering huge amounts of free cash flow at scale. Over the last 12 months, Amazon garnered $67B of cash from operations, which represents a 69% year-over-year jump. With business showing no signs of slowing down in the post-pandemic world and impending reduction in pandemic costs (billions of dollars per quarter), Amazon could very well deliver a big jump in free cash flow this year. As you may know, Amazon's balance sheet already is a fortress. However, the cash pile is getting so large that initiation of a capital return program could become imperative in the next three to four years.\nAfter evaluating Amazon using the LASV model, I deduced that the company is worth ~$5,900 per share. This projection means that Amazon is massively undervalued at the moment. Over the last 12 months, Amazon's trading multiples have shrunk back to normalized levels and future growth in revenue and free cash flow are very likely to result in higher stock prices.\nThe Tale Of A Year-Long Consolidation\nAt BTM, we own Amazon since it was at around $1,750. However, after a big rally in 2020, we rated the stock a modest buy for quite some time. And so, we are not really surprised by the year-long consolidation.\nHere's our extensive research work on Amazon:\n\nRetail Ecosystem -Amazon: Here Is What The Retail Segment Is Worth\nAmazon Web Services -Amazon: Here's What You Should Be Monitoring\nDigital Ads -Amazon: The 'Other' Segment May Be Worth More Than AWS\n\nSource: YCharts\nNow, our modest buy ratings from last year have been justified. Amazon has underperformed the S&P 500 index by around 6% in the previous 12-month period. With continued business momentum and stagnant stock price, Amazon's trading multiples have been falling down rapidly since August-2020.\n\nSource: YCharts\nAfter rapid normalization in trading multiples due to excellent financial performance, we upgraded the stock at BTM after the latest quarterly report. Although Amazon's underperformance over the last year has been demoralizing for long-term investors, I believe this is the right time to get onboard before a fresh rally ensues in the stock.\nWhy Is Amazon Ready To Move Higher?\nIn Q1 2021, Amazon recorded net sales of $108B (up +44% y/y) on the back of swift acceleration in AWS and Ad revenues (\"Other\" segment). Furthermore, we're seeing continued momentum in Amazon's e-commerce and streaming businesses. The following data serves as evidence for the same:\n\nSource:Amazon Q1 2021 Earnings Release\nWith acceleration in higher-margin revenue lines, Amazon's operating margin (profitability) is improving rapidly. In the latest quarter, Amazon's TTM operating margins reached an all-time high of 6.63%. At this point, I recommend you read our research coverage on Amazon (shared earlier in this article) to understand the dynamics at play in different business lines at the company.\n\nSource: YCharts\nAs you may already know, Amazon is an emerging operating leverage story. In Q1, Amazon's operating income increased by ~122% y/y to come in at $8.865B (rapid q/q acceleration). Over the next 12 months, Amazon would likely deliver an operating income of ~$40-50B. This massive jump in operating income will translate into greater amounts of free cash flow (and, by extension, a higher share price).\n\nSource: Amazon Q1 2021 Earnings Release\nSince 2018, Amazon has seen a big jump in Cash from Operations, which has gone up ~3.5x from ~$20B per year to ~$70B per year in 2021. Amazon, being Amazon, has invested massive amounts of this cash back into its business to drive future revenue growth, resulting in lower levels of free cash flow ($26.5B in 2020). Therefore, I believe Amazon's true free cash flow is much higher than its reported numbers.\nSource: YCharts\nThe massive amounts of cash being generated by Amazon are starting to pile up on the balance sheet (which had roughly $34B of cash at the end of last quarter). Further margin expansion is likely to create even more free cash flow over coming quarters and years, and this cash pile will only grow bigger. At some point in the near future, Amazon will need to start returning capital to shareholders through buybacks or dividends. My estimate is that Amazon would start a capital return program by 2025, but I will discuss this prediction in a separate note in the future.\n\nSource: YCharts\nAmazon is expected to record ~$500B in annual sales in 2021 and I expect Amazon to take over the title of the \"largest company by sales\" in 2022. In my opinion, Amazon still has massive growth left in its armory. According to consensus analyst estimates on Seeking Alpha, Amazon would likely be raking in revenue of $1.5T per year by 2030.\n\nSource:Seeking Alpha\nI believe these numbers are achievable. In fact, they're very likely to materialize over the next decade. AWS, Digital Ads, and Amazon Care (in-house healthcare offering (at least for now)) are likely to be the primary drivers of future free cash flow for the company. Now, let's estimate the fair value and expected returns for Amazon.\nFair Value And Expected Returns\nTo determine Amazon's fair value, we will employ our proprietary valuation model. Here's what it entails:\n\nIn step 1, we use a traditional DCF model with free cash flow discounted by our (shareholders) cost of capital.\nIn step 2, the model accounts for the effects of the change in shares outstanding (buybacks/dilutions).\nIn step 3, we normalize valuation for future growth prospects at the end of the 10 years. Then, using today's share price and the projected share price at the end of 10 years, we arrive at a CAGR. If this beats the market by enough of a margin, we invest. If not, we wait for a better entry point.\n\nWith massive amounts of cash flow being generated from operations, Amazon could soon find itself with the good problem of having too much cash on its balance sheet. At some point over the next decade, Amazon will need to start returning capital to shareholders (via buybacks or dividends). I will share my analysis as to when that would happen some other time. However, for now, we will build our valuation without accounting for future capital return programs.\nAssumptions:\n\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs per my estimation, Amazon is worth ~$5,900 per share. The stock is trading at ~$3,400, which means Amazon has a near-term upside of +73.5% to its fair value. By utilizing conservative assumptions, we have ensured that our valuation has an ample margin of safety built into it.\nTo calculate the total expected return, we simply grow the above free cash flow per share at our conservative growth rate, then assign a conservative multiple, i.e., 30x, to it for year 10. This creates a conservative intrinsic value projection by which we determine when and where to deploy our capital.\nHere are the results:\nSource: L.A. Stevens Valuation Model\nAs you can see above, Amazon's stock price could grow from ~$3,400 to ~$18,750 at a CAGR of ~18.6% in the next 10 years. Since we haven't considered future buybacks and dividends in today's valuation, there's a good chance that Amazon will outperform our expected return projections. My investment hurdle rate is 15%, and since Amazon's expected return is above this level, I rate Amazon a buy.\nRisks\n\nAmazon's visionary founder, Jeff Bezos, is set to step down as Amazon CEO and transition to the role of Executive Chairman of the Board. His replacement is AWS CEO Andy Jassy, who is a very capable business leader, as evidenced by AWS's rise from zero to $50 billion annual revenue business in just 15 years. However, an executive leadership change of this magnitude carries several risks, and we will be keeping a keen eye on Andy over the next few earning calls to understand his vision for Amazon.\nFurthermore, the leadership transition comes at a time when Amazon is facing rising pressure from regulators and lawmakers. In the recent big tech antitrust hearing, most lawmakers came away with the conclusion that Amazon is anti competitive (along with Facebook (FB), Alphabet (GOOG)(NASDAQ:GOOGL), and Apple (AAPL)). With the threat of a DOJ investigation looming large, investors might be nervous about potential outcomes. Any monetary fine would simply be the cost of doing business. For years, Amazon's FCF machine - AWS - has supported the aggressive expansion (anti-competitive behavior) of its retail ecosystem. Therefore, a potential (government-enforced) break up of Amazon is viewed by many as a massive risk for the company. However, Amazon's retail ecosystem is self sustainable now (generates positive FCF), and any breakup could unlock value for shareholders. We shared our views on this topic in thisnote.\nSince Amazon's Ads business is not reliant on personal information for Ad targeting (unlike Facebook and Alphabet), we do not see any major headwinds for this still-emerging, yet crucial business line.\nIn the near term, Amazon's e-commerce business could come under pressure as life returns to a new normal in the post-pandemic world. The massive jump in e-commerce revenue could reverse somewhat in upcoming quarters as people regain mobility.\nFor the first time in over 15 years, Amazon lost market share to Shopify (SHOP) in 2020. This is a new challenge for Amazon, and the digitization efforts from retail giants like Walmart (WMT) and Target (TGT) are likely to result in greater competition for Amazon.\nAlso, Microsoft's Azure (MSFT) is growing faster than AWS (albeit from a lower revenue base). Under Satya Nadella's leadership, Microsoft has emerged as a force to be reckoned with in the cloud services industry. If AWS fails to retain its market leadership position, Amazon could fall short of our projections.\nAmazon's Digital Ads business is likely to be critical to future success for the company. With the threat of potential regulations hanging over the digital ad industry, the numbers projected for this line of business may not materialize.\nThe healthcare offering being built at Amazon could be the next big thing (business) to emerge from the company (like AWS, Prime Video, etc.). However, healthcare is a very complicated industry, and pure-plays like Teladoc have a much better chance of winning this market opportunity. Since we are well aware of Amazon's innovation capabilities, I wouldn't necessarily attribute this spending to be an unwarranted risk.\n\nConcluding Thoughts\nAmazon's higher-margin businesses are firing on all cylinders (accelerating growth), and while the stock has remained in a tight channel for almost a year now, the second half of 2021 could bring a fresh leg higher. As we saw earlier in this article, Amazon's operating margins are improving steadily due to the rapid growth of higher-margin businesses, i.e., AWS and Digital Ads.\nIn the last 12 months or so, Amazon's stock has been consolidating in a sideways channel. During this time, trading multiples have normalized, and Amazon is now trading at pre-pandemic levels. With robust revenue growth and margin expansion on the horizon, Amazon's stock is set to move higher.\nKey Takeaway: I rate Amazon a buy at $3,400.\nThanks for reading, remember to follow for more, and happy investing!","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164583408,"gmtCreate":1624229581104,"gmtModify":1703830803916,"author":{"id":"3579743331848591","authorId":"3579743331848591","name":"Zhanzer","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579743331848591","authorIdStr":"3579743331848591"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164583408","repostId":"1166679093","repostType":4,"repost":{"id":"1166679093","kind":"news","pubTimestamp":1624065234,"share":"https://ttm.financial/m/news/1166679093?lang=&edition=fundamental","pubTime":"2021-06-19 09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like&nbsp;<b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year,&nbsp;<b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the&nbsp;<b>Nasdaq</b>&nbsp;stock exchange.</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>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","CLOV":"Clover Health Corp","SNDL":"SNDL Inc."},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}