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Matt_cjx

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2021-09-20

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These 2 Stocks Look Ridiculously Overvalued. Here's Why They're Not

2021-09-17

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Could GameStop Stock Supercharge Your Portfolio?

2021-09-16

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Inflation Soared in Some U.S. Cities, Barely Budged in Others

2021-09-14

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Wells Fargo Should Be Broken Up, Warren Says. The Stock Is Rising.

2021-09-11

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2021-09-11

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2021-09-11

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BlackBerry Has a Chance at Turning Into a Growth Stock

2021-09-11

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3 Top Stocks to Buy for the Long Haul

2021-09-11

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Why Apple’s Risk Is Limited

2021-09-10

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Dealmaker Who Beat Topps for Baseball Cards Is Worth $8 Billion

2021-09-10

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Amazon's $50 Billion Opportunity Is Rolling Out at Whole Foods Stores

2021-09-08

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Toshiba Undecided on Privatization Amid Talks With Investors

2021-09-07

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Apple reached record high in early trading, $3 Trillion Is Next, Says This Expert

2021-09-07

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SEC Cracks Down On "Dubious" ESG Labels Tied To $35 Trillion In Assets

2021-09-06

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Morgan Stanley: Commodities Find Themselves At The Center Of 2021's Most Important Stories

2021-09-05

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Beat the market with this quant system that’s very bullish on stocks at record highs

2021-09-03

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2021-09-02

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Xi says China to set up stock exchange in Beijing

2021-09-01

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2021-08-30

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$100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.38%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 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pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860101428","repostId":"2168507534","repostType":4,"repost":{"id":"2168507534","kind":"highlight","pubTimestamp":1632141660,"share":"https://ttm.financial/m/news/2168507534?lang=&edition=fundamental","pubTime":"2021-09-20 20:41","market":"us","language":"en","title":"These 2 Stocks Look Ridiculously Overvalued. Here's Why They're Not","url":"https://stock-news.laohu8.com/highlight/detail?id=2168507534","media":"Motley Fool","summary":"Sometimes you've got to look beyond traditional valuation metrics to contextualize the long-term opportunity.","content":"<blockquote>\n <b>Sometimes you've got to look beyond traditional valuation metrics to contextualize the long-term opportunity.</b>\n</blockquote>\n<p>Investors don't want to buy a stock that's too expensive. But knowing what's overvalued or undervalued in the stock market is complicated. There are plenty of handy valuation metrics that people like to use, but using these without contextualizing them can cause misunderstandings.</p>\n<p>Motley Fool contributors Matthew Frankel and Jon Quast believe both property-technology company <b>Latch</b> (NASDAQ:LTCH) and personal credit company <b>Upstart Holdings&nbsp;</b>(NASDAQ:UPST) look expensive by valuation metrics but actually aren't overpriced. In this video from <i>Motley Fool Live</i>, <b>recorded on Sept. 9</b>, they explain their rationale.</p>\n<p><b>Jon Quast:</b> First, I'm going to talk about a company called Latch. Latch is absurdly overvalued if you look at traditional valuation metrics, but I think it's <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the greatest deals in the market.</p>\n<p>It has a price-to-sales ratio of 68, that is nosebleed by any metric. It also has negative gross margin at the moment. Latch is a smart lock device company, and they are literally spending more on these smart locks than what they sell them for. They are taking a loss right out of the gate with these things. On the surface, that makes Latch as a $1.9 billion company look absurdly overvalued.</p>\n<p>However, you've got to understand the context with Latch. There's a big difference for Latch between revenue and bookings and when they sign deals with these apartment complexes, these property owners, it's up front typically, on a new build and these products are some of the last to go in the building. They've got to build the building for six months to a year, to 18 months, they're building these properties. They already have a contract in place that Latch is going to be installed. But they don't get to recognize that as revenue until the device is actually put in there.</p>\n<p>There's a big disparity between the bookings and the sales. Sales are actually a little bit behind expectations right now because there is a slowdown in construction. But bookings are ahead of expectations, because they are actually signing more deals than they thought they were going to.</p>\n<p>The hardware does have a negative gross margin, but Latch also has a growing software business, and the software side of the business has better than 90% gross margins. Over the next few years, the software should make up more than double the revenue of the hardware, so all of a sudden the margin profile is going to completely flip on its head with Latch.</p>\n<p>You look at this, the revenue is going to come in, they have these really high-visibility revenue streams that six year contracts. It's going to come in. And it's going to flip on its head from hardware revenue to software revenue, so the margins are going to completely look different. This company is on track to have $249 million in annual free cash flow by 2025. That means that it currently trades around 7.5 times its forward free cash flow. That is quite a bargain if you believe that management can go out there and accomplish this and if you're willing to hold for the next four years, which we believe investors should.</p>\n<p><b>Matt Frankel:</b> I like that Latch is pivoting to office buildings. Latch actually recently signed a customer, that you might have heard of, called the Empire State Building, to [laughs] provide security for its offices and it's just really impressive early results with that one.</p>\n<p><b>Quast:</b> Yeah, I was so excited about that. I actually made Latch a core position in my portfolio recently.</p>\n<p><b>Frankel:</b> I had the opportunity to talk to their CEO a little while ago on Industry Focus and you just get the sense, this is his baby. Former <b>Apple</b> executive founded the company. I can't say enough good things about Latch. Not a cheap stock, that's the worse thing I could say about it, which is the reason we're talking about it right now.</p>\n<p>The one I wanted to talk about is one of our favorites of The Motley Fool, it's a favorite among mine and a lot of our analysts on the team, is Upstart, ticker symbol UPST. Upstart, their early results to say they've been impressive, would not be doing it justice. Upstart went public at $20 a share in December, it's trading for about $265 as I'm talking. It's already trading at 13 times its IPO price. By any traditional valuation metric this looks very expensive.</p>\n<p>Upstart, unlike a lot of the growthier companies we talked about, is a profitable business. But on a price-to-earnings basis, it has a multiple of 403 times earnings, 403. The value investor in me consider anything over 20 to be expensive. It trades at 46 times sales, so it's cheaper than Latch on a price-to-sales basis. But it's still a very expensive company. But this is why we say you need to take into account some of the other metrics.</p>\n<p>Upstart is growing its revenue at an unprecedented rate. It increased its revenue by 61% in the second quarter, not compared to a year ago, compared to the first quarter, so on a quarter-over-quarter basis, it's growing at more than 60%. Revenue's up tenfold from a year ago. And it has a massive addressable market opportunity. This growth is proving that it can grow into its addressable market.</p>\n<p>It's just launching in the auto industry. It's just starting to ramp up its auto lending capabilities. Specifically in auto loan refinancing, which it could do a much better job of for subprime borrowers than the existing methods. There is over $1.3 trillion of auto loan debt in the United States. Upstart did $2.8 billion of loan volume last quarter. That's a lot of room to grow and they're really showing that they can grow into it.</p>\n<p>Another point I'd like to make, and I'm sure Jon would agree with me on this, companies like the two we're talking about, a high valuation can be a big competitive advantage, especially when it comes to raising capital. Upstart can raise $1 billion dollars of capital and barely dilute shareholders. Most of its competitors, especially traditional lenders, could not. With Latch traditional smart-home hardware makers generally cannot raise capital at the valuation. They could have if they wanted to. They don't need to, they just got a bunch of money from their SPAC. But in a lot of cases, I've said before, <b>Tesla</b>'s biggest competitive advantage over auto rivals is its valuation because it can raise capital for nothing. It's not just about the numbers, valuation can be an advantage, too, even if it's high.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 2 Stocks Look Ridiculously Overvalued. Here's Why They're Not</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 2 Stocks Look Ridiculously Overvalued. Here's Why They're Not\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 20:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/20/these-2-stocks-look-ridiculously-overvalued-heres/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sometimes you've got to look beyond traditional valuation metrics to contextualize the long-term opportunity.\n\nInvestors don't want to buy a stock that's too expensive. But knowing what's overvalued ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/20/these-2-stocks-look-ridiculously-overvalued-heres/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc.","LTCH":"Latch, Inc."},"source_url":"https://www.fool.com/investing/2021/09/20/these-2-stocks-look-ridiculously-overvalued-heres/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168507534","content_text":"Sometimes you've got to look beyond traditional valuation metrics to contextualize the long-term opportunity.\n\nInvestors don't want to buy a stock that's too expensive. But knowing what's overvalued or undervalued in the stock market is complicated. There are plenty of handy valuation metrics that people like to use, but using these without contextualizing them can cause misunderstandings.\nMotley Fool contributors Matthew Frankel and Jon Quast believe both property-technology company Latch (NASDAQ:LTCH) and personal credit company Upstart Holdings (NASDAQ:UPST) look expensive by valuation metrics but actually aren't overpriced. In this video from Motley Fool Live, recorded on Sept. 9, they explain their rationale.\nJon Quast: First, I'm going to talk about a company called Latch. Latch is absurdly overvalued if you look at traditional valuation metrics, but I think it's one of the greatest deals in the market.\nIt has a price-to-sales ratio of 68, that is nosebleed by any metric. It also has negative gross margin at the moment. Latch is a smart lock device company, and they are literally spending more on these smart locks than what they sell them for. They are taking a loss right out of the gate with these things. On the surface, that makes Latch as a $1.9 billion company look absurdly overvalued.\nHowever, you've got to understand the context with Latch. There's a big difference for Latch between revenue and bookings and when they sign deals with these apartment complexes, these property owners, it's up front typically, on a new build and these products are some of the last to go in the building. They've got to build the building for six months to a year, to 18 months, they're building these properties. They already have a contract in place that Latch is going to be installed. But they don't get to recognize that as revenue until the device is actually put in there.\nThere's a big disparity between the bookings and the sales. Sales are actually a little bit behind expectations right now because there is a slowdown in construction. But bookings are ahead of expectations, because they are actually signing more deals than they thought they were going to.\nThe hardware does have a negative gross margin, but Latch also has a growing software business, and the software side of the business has better than 90% gross margins. Over the next few years, the software should make up more than double the revenue of the hardware, so all of a sudden the margin profile is going to completely flip on its head with Latch.\nYou look at this, the revenue is going to come in, they have these really high-visibility revenue streams that six year contracts. It's going to come in. And it's going to flip on its head from hardware revenue to software revenue, so the margins are going to completely look different. This company is on track to have $249 million in annual free cash flow by 2025. That means that it currently trades around 7.5 times its forward free cash flow. That is quite a bargain if you believe that management can go out there and accomplish this and if you're willing to hold for the next four years, which we believe investors should.\nMatt Frankel: I like that Latch is pivoting to office buildings. Latch actually recently signed a customer, that you might have heard of, called the Empire State Building, to [laughs] provide security for its offices and it's just really impressive early results with that one.\nQuast: Yeah, I was so excited about that. I actually made Latch a core position in my portfolio recently.\nFrankel: I had the opportunity to talk to their CEO a little while ago on Industry Focus and you just get the sense, this is his baby. Former Apple executive founded the company. I can't say enough good things about Latch. Not a cheap stock, that's the worse thing I could say about it, which is the reason we're talking about it right now.\nThe one I wanted to talk about is one of our favorites of The Motley Fool, it's a favorite among mine and a lot of our analysts on the team, is Upstart, ticker symbol UPST. Upstart, their early results to say they've been impressive, would not be doing it justice. Upstart went public at $20 a share in December, it's trading for about $265 as I'm talking. It's already trading at 13 times its IPO price. By any traditional valuation metric this looks very expensive.\nUpstart, unlike a lot of the growthier companies we talked about, is a profitable business. But on a price-to-earnings basis, it has a multiple of 403 times earnings, 403. The value investor in me consider anything over 20 to be expensive. It trades at 46 times sales, so it's cheaper than Latch on a price-to-sales basis. But it's still a very expensive company. But this is why we say you need to take into account some of the other metrics.\nUpstart is growing its revenue at an unprecedented rate. It increased its revenue by 61% in the second quarter, not compared to a year ago, compared to the first quarter, so on a quarter-over-quarter basis, it's growing at more than 60%. Revenue's up tenfold from a year ago. And it has a massive addressable market opportunity. This growth is proving that it can grow into its addressable market.\nIt's just launching in the auto industry. It's just starting to ramp up its auto lending capabilities. Specifically in auto loan refinancing, which it could do a much better job of for subprime borrowers than the existing methods. There is over $1.3 trillion of auto loan debt in the United States. Upstart did $2.8 billion of loan volume last quarter. That's a lot of room to grow and they're really showing that they can grow into it.\nAnother point I'd like to make, and I'm sure Jon would agree with me on this, companies like the two we're talking about, a high valuation can be a big competitive advantage, especially when it comes to raising capital. Upstart can raise $1 billion dollars of capital and barely dilute shareholders. Most of its competitors, especially traditional lenders, could not. With Latch traditional smart-home hardware makers generally cannot raise capital at the valuation. They could have if they wanted to. They don't need to, they just got a bunch of money from their SPAC. But in a lot of cases, I've said before, Tesla's biggest competitive advantage over auto rivals is its valuation because it can raise capital for nothing. It's not just about the numbers, valuation can be an advantage, too, even if it's high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884916694,"gmtCreate":1631845745318,"gmtModify":1676530651195,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/884916694","repostId":"2167546405","repostType":4,"repost":{"id":"2167546405","kind":"highlight","pubTimestamp":1631845080,"share":"https://ttm.financial/m/news/2167546405?lang=&edition=fundamental","pubTime":"2021-09-17 10:18","market":"us","language":"en","title":"Could GameStop Stock Supercharge Your Portfolio?","url":"https://stock-news.laohu8.com/highlight/detail?id=2167546405","media":"Motley Fool","summary":"Small investors could struggle to benefit despite massive, recent gains.","content":"<p><b>GameStop </b>(NYSE:GME) stock is up some 950% year to date, eclipsing the already healthy gains in the broader stock market. However, the recent success of its shares may not necessarily mean this video game retailer can create fortunes for new investors. Let's take a closer look to see what may lie ahead for the company.</p>\n<h2>The state of GameStop</h2>\n<p>Without question, increased investor interest has become a boon to GameStop's stock. The shares fell below $6 per share late last year, because game downloads seemed to have made its retail model obsolete.</p>\n<p>However, activity in Reddit's WallStreetBets forum led to an army of small investors buying into the company, countering moves by institutional investors to short the stock. Such interest took GameStop from near penny-stock status to an intraday high of $483 per share in January.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/74c39b05079150d2485fbc901f3217fe\" tg-width=\"720\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>GME data by YCharts</span></p>\n<p>Although the stock has cooled off a bit since then, investors have more reason now to believe in the company. In April, GameStop removed its old CEO and CFO and installed <b>Chewy </b>founder Ryan Cohen as chairman.</p>\n<p>Under this new leadership, GameStop bills itself as a \"digital-first, omnichannel retailer.\" In keeping with that, it has permanently closed 480 stores since August 2020 and at the same time expanded its fulfillment network for customer orders, including a new 530,00-square-foot facility in Reno, Nevada, and a 700,000-square-foot facility in York, Pennsylvania.</p>\n<p>It also now actively competes in the game download market, looking to become a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-stop shop where gamers can find products from several different companies. And it has gone into selling collectibles, accessories, and other items.</p>\n<h2>Why the changes may lead to survival instead of success</h2>\n<p>The new approach seems to have started turning its fortunes around. For the first six months of the year, revenue came in at just under $2.5 billion, a 25% increase from the same period in 2020. While that still led to a net loss of $128 million during the first half of 2021, it was a sharp reduction from the $277 million loss experienced in the first half of 2020.</p>\n<p>In both its latest 10-Q and earnings call, the company emphasizes its intent to improve the efficiency of its e-commerce operations. Still, CEO Matt Furlong did not take analysts' questions on the earnings call, leaving some issues about this strategic pivot unanswered.</p>\n<p>As of now, the company's prospects for success in e-commerce remain unclear. Even if the company succeeds as a centralized download platform, it could continue to struggle with maintaining a discernible competitive moat as it offers no advantage on price over downloading games directly from creators. Similarly, the collectibles and accessories businesses it has entered also remain competitive. With GameStop declining to offer any forward guidance, its new path remains uncertain at best.</p>\n<h2>Limited prospects for further gains</h2>\n<p>No doubt, changes in the C-suite have further enhanced the company's odds. Nonetheless, it appears the changes may still leave its competitive moat relatively weak. Given its ongoing challenges, today's investors -- even those who bought GameStop near its 52-week low -- could struggle to benefit further from this stock.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Could GameStop Stock Supercharge Your Portfolio?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCould GameStop Stock Supercharge Your Portfolio?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 10:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/16/could-gamestop-stock-supercharge-your-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (NYSE:GME) stock is up some 950% year to date, eclipsing the already healthy gains in the broader stock market. However, the recent success of its shares may not necessarily mean this video ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/16/could-gamestop-stock-supercharge-your-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/09/16/could-gamestop-stock-supercharge-your-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167546405","content_text":"GameStop (NYSE:GME) stock is up some 950% year to date, eclipsing the already healthy gains in the broader stock market. However, the recent success of its shares may not necessarily mean this video game retailer can create fortunes for new investors. Let's take a closer look to see what may lie ahead for the company.\nThe state of GameStop\nWithout question, increased investor interest has become a boon to GameStop's stock. The shares fell below $6 per share late last year, because game downloads seemed to have made its retail model obsolete.\nHowever, activity in Reddit's WallStreetBets forum led to an army of small investors buying into the company, countering moves by institutional investors to short the stock. Such interest took GameStop from near penny-stock status to an intraday high of $483 per share in January.\nGME data by YCharts\nAlthough the stock has cooled off a bit since then, investors have more reason now to believe in the company. In April, GameStop removed its old CEO and CFO and installed Chewy founder Ryan Cohen as chairman.\nUnder this new leadership, GameStop bills itself as a \"digital-first, omnichannel retailer.\" In keeping with that, it has permanently closed 480 stores since August 2020 and at the same time expanded its fulfillment network for customer orders, including a new 530,00-square-foot facility in Reno, Nevada, and a 700,000-square-foot facility in York, Pennsylvania.\nIt also now actively competes in the game download market, looking to become a one-stop shop where gamers can find products from several different companies. And it has gone into selling collectibles, accessories, and other items.\nWhy the changes may lead to survival instead of success\nThe new approach seems to have started turning its fortunes around. For the first six months of the year, revenue came in at just under $2.5 billion, a 25% increase from the same period in 2020. While that still led to a net loss of $128 million during the first half of 2021, it was a sharp reduction from the $277 million loss experienced in the first half of 2020.\nIn both its latest 10-Q and earnings call, the company emphasizes its intent to improve the efficiency of its e-commerce operations. Still, CEO Matt Furlong did not take analysts' questions on the earnings call, leaving some issues about this strategic pivot unanswered.\nAs of now, the company's prospects for success in e-commerce remain unclear. Even if the company succeeds as a centralized download platform, it could continue to struggle with maintaining a discernible competitive moat as it offers no advantage on price over downloading games directly from creators. Similarly, the collectibles and accessories businesses it has entered also remain competitive. With GameStop declining to offer any forward guidance, its new path remains uncertain at best.\nLimited prospects for further gains\nNo doubt, changes in the C-suite have further enhanced the company's odds. Nonetheless, it appears the changes may still leave its competitive moat relatively weak. Given its ongoing challenges, today's investors -- even those who bought GameStop near its 52-week low -- could struggle to benefit further from this stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885283616,"gmtCreate":1631797663435,"gmtModify":1676530638004,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885283616","repostId":"1165789387","repostType":4,"repost":{"id":"1165789387","kind":"news","pubTimestamp":1631796151,"share":"https://ttm.financial/m/news/1165789387?lang=&edition=fundamental","pubTime":"2021-09-16 20:42","market":"us","language":"en","title":"Inflation Soared in Some U.S. Cities, Barely Budged in Others","url":"https://stock-news.laohu8.com/highlight/detail?id=1165789387","media":"Bloomberg","summary":"Inflation rates across the U.S. have diverged in the pandemic, with some cities far outpacing the na","content":"<p>Inflation rates across the U.S. have diverged in the pandemic, with some cities far outpacing the national average while in a handful of others there’s been hardly any acceleration in prices.</p>\n<p><img src=\"https://static.tigerbbs.com/66ebcb09f0a4b1cbdd389a0bc6809eff\" tg-width=\"1296\" tg-height=\"834\" width=\"100%\" height=\"auto\"></p>\n<p>Inflation in Atlanta was running at 6.6% in August, according to Labor Department&nbsp;data&nbsp;published this week. That’s close to double the rate in cities like San Francisco or Denver -- where prices are rising at about the same pace as they were before the pandemic -- and New York.</p>\n<p>Much of the gap is likely explained by housing markets, which have been upended by pandemic relocations and the rise of work-from-home. Tampa and Riverside, California, with some of the highest inflation rates, have seen sharp increases in rental costs.</p>\n<p>There could be a broader impact from migration trends, some of which pre-date Covid. In faster-growing cities there’s more spending power to push prices up.</p>\n<p>“We expect more demand pressure in the Sun-Belt regions where population is shifting towards,” says Steve Reed, an economist at the Bureau of Labor Statistics.</p>\n<p>While cities like Tampa and Atlanta already had relatively high inflation before the pandemic, others -- such as St. Louis and Dallas -- have gone from being some of America’s lowest-inflation metro areas to among the highest.</p>\n<p><img src=\"https://static.tigerbbs.com/d4596bb4aa21f5858a1bf4ac2141a3b4\" tg-width=\"845\" tg-height=\"797\" width=\"100%\" height=\"auto\"></p>\n<p>The level of car use is likely another driver of regional discrepancies. Cities where gasoline has a lower weight in local cost-of-living indexes -- San Francisco and New York, for example -- have seen smaller changes in the inflation rate because they’re less affected by the surge in pump prices.</p>","source":"lsy1584095487587","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>Inflation Soared in Some U.S. Cities, Barely Budged in Others</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\">\nInflation Soared in Some U.S. Cities, Barely Budged in Others\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 20:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-16/inflation-soared-in-some-u-s-cities-barely-budged-in-others?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Inflation rates across the U.S. have diverged in the pandemic, with some cities far outpacing the national average while in a handful of others there’s been hardly any acceleration in prices.\n\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-16/inflation-soared-in-some-u-s-cities-barely-budged-in-others?srnd=markets-vp\">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",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-16/inflation-soared-in-some-u-s-cities-barely-budged-in-others?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165789387","content_text":"Inflation rates across the U.S. have diverged in the pandemic, with some cities far outpacing the national average while in a handful of others there’s been hardly any acceleration in prices.\n\nInflation in Atlanta was running at 6.6% in August, according to Labor Department data published this week. That’s close to double the rate in cities like San Francisco or Denver -- where prices are rising at about the same pace as they were before the pandemic -- and New York.\nMuch of the gap is likely explained by housing markets, which have been upended by pandemic relocations and the rise of work-from-home. Tampa and Riverside, California, with some of the highest inflation rates, have seen sharp increases in rental costs.\nThere could be a broader impact from migration trends, some of which pre-date Covid. In faster-growing cities there’s more spending power to push prices up.\n“We expect more demand pressure in the Sun-Belt regions where population is shifting towards,” says Steve Reed, an economist at the Bureau of Labor Statistics.\nWhile cities like Tampa and Atlanta already had relatively high inflation before the pandemic, others -- such as St. Louis and Dallas -- have gone from being some of America’s lowest-inflation metro areas to among the highest.\n\nThe level of car use is likely another driver of regional discrepancies. Cities where gasoline has a lower weight in local cost-of-living indexes -- San Francisco and New York, for example -- have seen smaller changes in the inflation rate because they’re less affected by the surge in pump prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":413,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882098302,"gmtCreate":1631629451206,"gmtModify":1676530594824,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882098302","repostId":"1167899302","repostType":4,"repost":{"id":"1167899302","kind":"news","pubTimestamp":1631628949,"share":"https://ttm.financial/m/news/1167899302?lang=&edition=fundamental","pubTime":"2021-09-14 22:15","market":"us","language":"en","title":"Wells Fargo Should Be Broken Up, Warren Says. The Stock Is Rising.","url":"https://stock-news.laohu8.com/highlight/detail?id=1167899302","media":"Barrons","summary":"Wells Fargo (WFC) should be broken up, Elizabeth Warren wrote in a letter to the Federal Reserve acc","content":"<p>Wells Fargo (WFC) should be broken up, Elizabeth Warren wrote in a letter to the Federal Reserve according to the New York Times.</p>\n<p>Warren would like to see the Fed split Wells Fargo’s banking business from its more Wall Street-centered businesses. “Continuing to allow this giant bank with a broken culture to conduct business in its current form poses substantial risks to consumers and the financial system,” the New York Times quoted Warren as writing.</p>\n<p>Wells Fargo stock has gained 55% in 2021, more than doubling the&nbsp;SPDR S&amp;P Bank ETF’s&nbsp;22% rise, and the&nbsp;S&amp;P 500’s&nbsp;19% rise, as investors bet that the company could benefit less onerous regulation.</p>\n<p>Wells Fargo stock was up 1.5% to $46.45 following the report, even as the SPDR S&amp;P Bank ETF dipped 0.1%.</p>\n<p>Wells Fargo was not immediately available for comment.</p>\n<p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wells Fargo Should Be Broken Up, Warren Says. The Stock Is Rising.</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\">\nWells Fargo Should Be Broken Up, Warren Says. The Stock Is Rising.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 22:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/wells-fargo-warren-break-up-51631628108?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wells Fargo (WFC) should be broken up, Elizabeth Warren wrote in a letter to the Federal Reserve according to the New York Times.\nWarren would like to see the Fed split Wells Fargo’s banking business ...</p>\n\n<a href=\"https://www.barrons.com/articles/wells-fargo-warren-break-up-51631628108?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行"},"source_url":"https://www.barrons.com/articles/wells-fargo-warren-break-up-51631628108?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167899302","content_text":"Wells Fargo (WFC) should be broken up, Elizabeth Warren wrote in a letter to the Federal Reserve according to the New York Times.\nWarren would like to see the Fed split Wells Fargo’s banking business from its more Wall Street-centered businesses. “Continuing to allow this giant bank with a broken culture to conduct business in its current form poses substantial risks to consumers and the financial system,” the New York Times quoted Warren as writing.\nWells Fargo stock has gained 55% in 2021, more than doubling the SPDR S&P Bank ETF’s 22% rise, and the S&P 500’s 19% rise, as investors bet that the company could benefit less onerous regulation.\nWells Fargo stock was up 1.5% to $46.45 following the report, even as the SPDR S&P Bank ETF dipped 0.1%.\nWells Fargo was not immediately available for comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881578774,"gmtCreate":1631371697398,"gmtModify":1676530537109,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881578774","repostId":"1127461097","repostType":4,"isVote":1,"tweetType":1,"viewCount":513,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881578550,"gmtCreate":1631371670870,"gmtModify":1676530537109,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"&nbsp;Like pls&nbsp;","listText":"&nbsp;Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881578550","repostId":"2166371940","repostType":4,"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881578225,"gmtCreate":1631371661067,"gmtModify":1676530537126,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881578225","repostId":"1127699574","repostType":4,"repost":{"id":"1127699574","kind":"news","pubTimestamp":1631328152,"share":"https://ttm.financial/m/news/1127699574?lang=&edition=fundamental","pubTime":"2021-09-11 10:42","market":"us","language":"en","title":"BlackBerry Has a Chance at Turning Into a Growth Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1127699574","media":"InvestorPlace","summary":"BB stock could be worth 30% more, assuming the company turns FCF positive next fiscal year","content":"<p><b>Blackberry</b>&nbsp;(NYSE:<b><u>BB</u></b>), the automotive embedded software company, produced positive free cash flow (FCF)&nbsp;of $74 million&nbsp;last fiscal year ending May 31. But its fiscal&nbsp;Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June 24 Q1 results) to $9.56 on Aug. 19. The stock could be near a trough now.</p>\n<p>I still believe that&nbsp;as I wrote on June 4, BB stock could be worth $20.91 per share, assuming its FCF turns positive this year. All eyes will therefore be on its upcoming Sept. 22 fiscal Q2 earnings release. Investors will want to see if revenue is growing and the company achieves positive FCF.</p>\n<p>For example, last quarter ending May 31 revenue fell by 15.5% year-over-year (YOY) from $206 million last year to $174 million this quarter. In fact, it was also down by 17.1% from the prior quarter as well.</p>\n<p>That is almost like a curse for a stock like Blackberry. Investors and analysts want to see positive growth on a steady YoY and quarter-over-quarter (QOQ) basis. This probably explains why the stock fell so much.</p>\n<p><b>Where This Leaves BlackBerry</b></p>\n<p>Last year BlackBerry produced $893 million in revenue, but for this fiscal year ending May 2022 analysts still see lower sales at $781.6 million. However, they also expect a recovery by May 2023 to $954.1 million. But is the market willing to wait until then? That is why the upcoming fiscal Q2 2022 earnings release will be so important. Investors want to see if the company is back on a growth track.</p>\n<p>If it is, then the likelihood that it can produce positive free cash flow for the year will increase, and this will help BB stock recover.</p>\n<p>For example, as I pointed out in my last article, BlackBerry reported FCF during Q4 of $49 million. This was a huge 23.33% of its $210 million in revenue during the quarter. Assuming it can pull off the same thing next year the company could make $222.3 million in FCF that year. That is based on 23.33% of sales of $954.1 million.</p>\n<p>However, to be more conservative let’s assume that it can only make half of that or an 11.5% FCF margin. That lowers its forecast FCF to $109.7 million. Moreover, its present value using a 10% discount rate and a year and a half in the future is 86.68% times this FCF number. That lowers it to $95.1 million.</p>\n<p><b>What BlackBerry Stock Could Be Worth</b></p>\n<p>If we use an FCF yield of between 1% we can calculate the company’s ongoing value. This is calculated by dividing the free cash flow estimates by its FCF yield ratio.</p>\n<p>For example, using $95.1 million in FCF forecast for Blackberry in 2023 brings its value to $9.51 billion. This is 55.7% over today’s market value for Blackberry of $6.109 billion.</p>\n<p>And if we use a 1.5% FCF yield, the target market value falls to $6.34 billion (i.e., $95.1/0.015=$6.34b). That is just 3.78% over today’s price.</p>\n<p>Therefore, BB stock has a target value between 3.78% and 55.7% over today’s price. The average is 29.74%, or basically 30% over today’s price of $10.73. That puts its value at $13.95 per share (estimate rounded to $14).</p>\n<p><b>What to do With BB Stock</b></p>\n<p>Analysts are not very positive about BB stock. For example, seven analysts surveyed by Refinitiv (reported by&nbsp;<i>Yahoo! Finance</i>) have an average target price of $8.36. That implies a potential drop of 22% from today’s price.</p>\n<p>Another survey by&nbsp;<i>TipRanks.com</i>&nbsp;says that four analysts have an&nbsp;average price of $9.50or 11.5% below today’s price. However, nine Wall Street analysts surveyed by&nbsp;<i>Seeking Alpha</i>&nbsp;have an&nbsp;average target of $8.19, or 23.7% below today.</p>\n<p>So the average of all three of these surveys is a price of $8.68, or 19% lower. I would not be too bothered by this though. Analysts have a tendency to raise their price targets after the stock has already risen.</p>\n<p>Enterprising investors who are willing to anticipate more positive results for the year ending May 2023 (and probably before that) could see the stock rise 30% to $13.95 per share.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlackBerry Has a Chance at Turning Into a Growth Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackBerry Has a Chance at Turning Into a Growth Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 10:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in ...</p>\n\n<a href=\"https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127699574","content_text":"Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June 24 Q1 results) to $9.56 on Aug. 19. The stock could be near a trough now.\nI still believe that as I wrote on June 4, BB stock could be worth $20.91 per share, assuming its FCF turns positive this year. All eyes will therefore be on its upcoming Sept. 22 fiscal Q2 earnings release. Investors will want to see if revenue is growing and the company achieves positive FCF.\nFor example, last quarter ending May 31 revenue fell by 15.5% year-over-year (YOY) from $206 million last year to $174 million this quarter. In fact, it was also down by 17.1% from the prior quarter as well.\nThat is almost like a curse for a stock like Blackberry. Investors and analysts want to see positive growth on a steady YoY and quarter-over-quarter (QOQ) basis. This probably explains why the stock fell so much.\nWhere This Leaves BlackBerry\nLast year BlackBerry produced $893 million in revenue, but for this fiscal year ending May 2022 analysts still see lower sales at $781.6 million. However, they also expect a recovery by May 2023 to $954.1 million. But is the market willing to wait until then? That is why the upcoming fiscal Q2 2022 earnings release will be so important. Investors want to see if the company is back on a growth track.\nIf it is, then the likelihood that it can produce positive free cash flow for the year will increase, and this will help BB stock recover.\nFor example, as I pointed out in my last article, BlackBerry reported FCF during Q4 of $49 million. This was a huge 23.33% of its $210 million in revenue during the quarter. Assuming it can pull off the same thing next year the company could make $222.3 million in FCF that year. That is based on 23.33% of sales of $954.1 million.\nHowever, to be more conservative let’s assume that it can only make half of that or an 11.5% FCF margin. That lowers its forecast FCF to $109.7 million. Moreover, its present value using a 10% discount rate and a year and a half in the future is 86.68% times this FCF number. That lowers it to $95.1 million.\nWhat BlackBerry Stock Could Be Worth\nIf we use an FCF yield of between 1% we can calculate the company’s ongoing value. This is calculated by dividing the free cash flow estimates by its FCF yield ratio.\nFor example, using $95.1 million in FCF forecast for Blackberry in 2023 brings its value to $9.51 billion. This is 55.7% over today’s market value for Blackberry of $6.109 billion.\nAnd if we use a 1.5% FCF yield, the target market value falls to $6.34 billion (i.e., $95.1/0.015=$6.34b). That is just 3.78% over today’s price.\nTherefore, BB stock has a target value between 3.78% and 55.7% over today’s price. The average is 29.74%, or basically 30% over today’s price of $10.73. That puts its value at $13.95 per share (estimate rounded to $14).\nWhat to do With BB Stock\nAnalysts are not very positive about BB stock. For example, seven analysts surveyed by Refinitiv (reported by Yahoo! Finance) have an average target price of $8.36. That implies a potential drop of 22% from today’s price.\nAnother survey by TipRanks.com says that four analysts have an average price of $9.50or 11.5% below today’s price. However, nine Wall Street analysts surveyed by Seeking Alpha have an average target of $8.19, or 23.7% below today.\nSo the average of all three of these surveys is a price of $8.68, or 19% lower. I would not be too bothered by this though. Analysts have a tendency to raise their price targets after the stock has already risen.\nEnterprising investors who are willing to anticipate more positive results for the year ending May 2023 (and probably before that) could see the stock rise 30% to $13.95 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881578634,"gmtCreate":1631371651028,"gmtModify":1676530537105,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"&nbsp;Like pls&nbsp;","listText":"&nbsp;Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881578634","repostId":"2166375184","repostType":4,"repost":{"id":"2166375184","kind":"highlight","pubTimestamp":1631329320,"share":"https://ttm.financial/m/news/2166375184?lang=&edition=fundamental","pubTime":"2021-09-11 11:02","market":"us","language":"en","title":"3 Top Stocks to Buy for the Long Haul","url":"https://stock-news.laohu8.com/highlight/detail?id=2166375184","media":"Motley Fool","summary":"Time plus patience, multiplied by sustainable business advantages: the formula for making serious money in the stock market. These three stocks fit the bill.","content":"<p>There are many ways to make money in the stock market. Every investor has their own style, different levels of risk tolerance, and diverse goals. But <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the easiest and most profitable ways to get rich on Wall Street is to follow in the footsteps of true masters such as Warren Buffett and Benjamin Graham.</p>\n<p>It's elementary, really. First, identify companies with fantastic growth opportunities, sustainable business advantages over their rivals, and excellent management teams. Then, buy these stocks at reasonable prices. It's OK to overpay a bit if you have to. Quality doesn't always come cheap.</p>\n<p>Then, stick those shares under your proverbial pillow and get some undisturbed sleep. Do absolutely nothing for years or even decades. Companies with the qualities I listed a minute ago should be able to deliver solid returns for the long haul, unlocking the magic of compounding returns over very long periods.</p>\n<p>Even ardent growth investors with a high tolerance for market risk should have a handful of these surefire long-term bets in their portfolios. For example, my own collection of small-cap tickers, promising growth stocks, and the odd speculative bet is built around a solid core of long-term champions. Whatever happens to the rest of my real-world holdings, I don't lose a minute of sleep over these proven winners. The stocks mentioned below are firmly established members of that elite group.</p>\n<p>Read on to see why every investor should consider holding a few shares of <b>Roku</b> (NASDAQ:ROKU), <b>Alphabet</b> (NASDAQ:GOOG) (NASDAQ:GOOGL), and <b>Walt Disney</b> (NYSE:DIS). All of these familiar names are poised to keep winning for many years to come, each in its own inimitable way.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5102320568ff7a6b2fe0ee7c527c253\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Time is money. Image source: Getty Images.</span></p>\n<h2>Roku: Modern entertainment in a nutshell</h2>\n<p>Streaming media is everywhere nowadays. The COVID-19 pandemic accelerated the mainstream adoption of digital entertainment services, and the health crisis struck just as every entertainment company on the planet seemed to be launching its own streaming platform.</p>\n<p>Roku benefits from all of this activity, being the global leader in media-streaming technologies. The company's service-agnostic philosophy does a couple of important things for Roku's long-term success. First, this company can be a huge winner no matter which content studio walks away with the trophy for having the most viewers in the end. Second, Roku's omnipresent nature in the set-top box and smart TV markets forces every new service to develop support for Roku's platform. These two qualities reinforce each other as time goes by, further cementing Roku's rock-solid growth trajectory.</p>\n<p>Streaming entertainment is here to stay. Roku has claimed the catbird seat for itself in this explosive growth market. It would take a massive effort by an established entertainment technology giant to dethrone Roku at this point. Most of those large-scale rivals are too deeply attached to their long-standing traditions to really go for it.</p>\n<p>For example, I would eat my shoe if <b>Apple</b> (NASDAQ:AAPL) ever decided to give equal support to every available streaming service and hardware device. The Apple TV app is only available for devices designed in Cupertino, and the Apple TV set-top box works best with the iTunes ecosystem. That's the exact opposite of Roku's agnostic attitude, and the main reason why I don't see Apple as a serious Roku competitor.</p>\n<p>A larger company could give up on promoting its in-house platform options and just buy Roku instead. However, Roku is trading at 208 times forward earnings or 210 times free cash flows. The company's enterprise value stands at a hefty $44.1 billion today. That's rich enough to make any tech giant think twice about putting together an acquisition offer, especially one with a buyout premium large enough to win the required shareholder vote. The lofty price tag is Roku's best takeover defense.</p>\n<p>This is one of those situations where a high price shouldn't deter you from picking up Roku shares. You get to own a premium business when you pay that premium price.</p>\n<p>So if you want to bet on the future of digital entertainment without worrying about the content production side of things, Roku is your best bet. This stock should deliver market-beating returns for the foreseeable future.</p>\n<h2>Alphabet: Throwing spaghetti at the wall for fun and profit</h2>\n<p>So far, almost all of Alphabet's success and financial gains have sprung from the Google-branded set of online search and advertising tools. In the recently reported second quarter of 2021, Google services and Google Cloud accounted for 99.2% of Alphabet's total sales. The remaining operations, under the \"other bets\" segment, also reported an operating loss of $1.1 billion, while the Google segments generated $8.1 billion in operating profits. It's all about the Big G.</p>\n<p>That won't always be the case, though.</p>\n<p>Google transformed into the conglomerate known as Alphabet exactly because the company knows that big changes are coming. Web browsers and ad-boosted websites will not always provide a stable revenue stream for Google. Mobile apps and the Android platform are ready to take over, but this too shall pass.</p>\n<p>And Alphabet is trying out a whole bunch of alternative business ideas. So far, the company is looking at ideas such as self-driving cars, high-speed internet services, advanced medical research, and next-generation agriculture development. One or several of those unconventional bets should stand ready to carry Alphabet's financial torch when the time comes. Or maybe we haven't even heard of Alphabet's best ideas yet.</p>\n<p>Nobody knows exactly where this train is going, but I'm OK with that. Alphabet is willing to keep throwing spaghetti at the wall until something really sticks, creating the foundation of whatever this company might become. Alphabet's ambitious moonshot projects generally strike me as wholesome ideas that could benefit humanity on a large scale -- and I would be happy to benefit from their potential success.</p>\n<p>That's why Alphabet will always hold a place in my investment portfolio. This company is ready and able to change with the times. That's one effective way to build a successful business for the ages.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/300a57a82684c9a313758e27f921ed5e\" tg-width=\"700\" tg-height=\"485\" width=\"100%\" height=\"auto\"><span>The winds of change are blowing. Image source: Getty Images.</span></p>\n<h2>Disney: Always ready to turn on a dime</h2>\n<p>Finally, Disney's leaders are proving their willingness to try new ideas. The House of Mouse reorganized itself around streaming content last year, thumbing its nose at the traditional media industry to refocus on what's next. Its world-class theme parks are adapting to the restrictions of social distancing, putting together a positive third-quarter showing after several quarters of negative operating profits.</p>\n<p>This is the only old-school media studio I would consider owning nowadays. Unfortunately, Disney's sector peers often respond to changing market conditions by retreating into their shells to defend the operating procedures of old, and those efforts are mostly ineffective.</p>\n<p>For example, movie theater attendance has been falling for decades. Hollywood at large wanted to address this problem by raising ticket prices, which then resulted in even fewer ticket sales. In Disney's case, the company eventually fired up a serious media-streaming service packed with the company's legendary content, supported by a steady stream of brand new original material.</p>\n<p>Disney+ is the company's future in many ways, and you won't see CEO Bob Chapek or chairman Bob Iger complaining about that fact. Instead, they tweaked their company's operating structure to accelerate the transformation.</p>\n<p>I don't know where the entertainment and media markets are going in the long run, but I don't really have to. I'm convinced that Disney will do whatever it takes to stay relevant and thriving in whatever market conditions might be around the bend. Again, I really like owning stocks tied to businesses that can and will change over time. Disney is another great example of this market-beating quality.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Stocks to Buy for the Long Haul</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 Top Stocks to Buy for the Long Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 11:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/10/3-top-stocks-to-buy-for-the-long-haul/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are many ways to make money in the stock market. Every investor has their own style, different levels of risk tolerance, and diverse goals. But one of the easiest and most profitable ways to get...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/3-top-stocks-to-buy-for-the-long-haul/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌","DIS":"迪士尼","ROKU":"Roku Inc"},"source_url":"https://www.fool.com/investing/2021/09/10/3-top-stocks-to-buy-for-the-long-haul/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166375184","content_text":"There are many ways to make money in the stock market. Every investor has their own style, different levels of risk tolerance, and diverse goals. But one of the easiest and most profitable ways to get rich on Wall Street is to follow in the footsteps of true masters such as Warren Buffett and Benjamin Graham.\nIt's elementary, really. First, identify companies with fantastic growth opportunities, sustainable business advantages over their rivals, and excellent management teams. Then, buy these stocks at reasonable prices. It's OK to overpay a bit if you have to. Quality doesn't always come cheap.\nThen, stick those shares under your proverbial pillow and get some undisturbed sleep. Do absolutely nothing for years or even decades. Companies with the qualities I listed a minute ago should be able to deliver solid returns for the long haul, unlocking the magic of compounding returns over very long periods.\nEven ardent growth investors with a high tolerance for market risk should have a handful of these surefire long-term bets in their portfolios. For example, my own collection of small-cap tickers, promising growth stocks, and the odd speculative bet is built around a solid core of long-term champions. Whatever happens to the rest of my real-world holdings, I don't lose a minute of sleep over these proven winners. The stocks mentioned below are firmly established members of that elite group.\nRead on to see why every investor should consider holding a few shares of Roku (NASDAQ:ROKU), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), and Walt Disney (NYSE:DIS). All of these familiar names are poised to keep winning for many years to come, each in its own inimitable way.\nTime is money. Image source: Getty Images.\nRoku: Modern entertainment in a nutshell\nStreaming media is everywhere nowadays. The COVID-19 pandemic accelerated the mainstream adoption of digital entertainment services, and the health crisis struck just as every entertainment company on the planet seemed to be launching its own streaming platform.\nRoku benefits from all of this activity, being the global leader in media-streaming technologies. The company's service-agnostic philosophy does a couple of important things for Roku's long-term success. First, this company can be a huge winner no matter which content studio walks away with the trophy for having the most viewers in the end. Second, Roku's omnipresent nature in the set-top box and smart TV markets forces every new service to develop support for Roku's platform. These two qualities reinforce each other as time goes by, further cementing Roku's rock-solid growth trajectory.\nStreaming entertainment is here to stay. Roku has claimed the catbird seat for itself in this explosive growth market. It would take a massive effort by an established entertainment technology giant to dethrone Roku at this point. Most of those large-scale rivals are too deeply attached to their long-standing traditions to really go for it.\nFor example, I would eat my shoe if Apple (NASDAQ:AAPL) ever decided to give equal support to every available streaming service and hardware device. The Apple TV app is only available for devices designed in Cupertino, and the Apple TV set-top box works best with the iTunes ecosystem. That's the exact opposite of Roku's agnostic attitude, and the main reason why I don't see Apple as a serious Roku competitor.\nA larger company could give up on promoting its in-house platform options and just buy Roku instead. However, Roku is trading at 208 times forward earnings or 210 times free cash flows. The company's enterprise value stands at a hefty $44.1 billion today. That's rich enough to make any tech giant think twice about putting together an acquisition offer, especially one with a buyout premium large enough to win the required shareholder vote. The lofty price tag is Roku's best takeover defense.\nThis is one of those situations where a high price shouldn't deter you from picking up Roku shares. You get to own a premium business when you pay that premium price.\nSo if you want to bet on the future of digital entertainment without worrying about the content production side of things, Roku is your best bet. This stock should deliver market-beating returns for the foreseeable future.\nAlphabet: Throwing spaghetti at the wall for fun and profit\nSo far, almost all of Alphabet's success and financial gains have sprung from the Google-branded set of online search and advertising tools. In the recently reported second quarter of 2021, Google services and Google Cloud accounted for 99.2% of Alphabet's total sales. The remaining operations, under the \"other bets\" segment, also reported an operating loss of $1.1 billion, while the Google segments generated $8.1 billion in operating profits. It's all about the Big G.\nThat won't always be the case, though.\nGoogle transformed into the conglomerate known as Alphabet exactly because the company knows that big changes are coming. Web browsers and ad-boosted websites will not always provide a stable revenue stream for Google. Mobile apps and the Android platform are ready to take over, but this too shall pass.\nAnd Alphabet is trying out a whole bunch of alternative business ideas. So far, the company is looking at ideas such as self-driving cars, high-speed internet services, advanced medical research, and next-generation agriculture development. One or several of those unconventional bets should stand ready to carry Alphabet's financial torch when the time comes. Or maybe we haven't even heard of Alphabet's best ideas yet.\nNobody knows exactly where this train is going, but I'm OK with that. Alphabet is willing to keep throwing spaghetti at the wall until something really sticks, creating the foundation of whatever this company might become. Alphabet's ambitious moonshot projects generally strike me as wholesome ideas that could benefit humanity on a large scale -- and I would be happy to benefit from their potential success.\nThat's why Alphabet will always hold a place in my investment portfolio. This company is ready and able to change with the times. That's one effective way to build a successful business for the ages.\nThe winds of change are blowing. Image source: Getty Images.\nDisney: Always ready to turn on a dime\nFinally, Disney's leaders are proving their willingness to try new ideas. The House of Mouse reorganized itself around streaming content last year, thumbing its nose at the traditional media industry to refocus on what's next. Its world-class theme parks are adapting to the restrictions of social distancing, putting together a positive third-quarter showing after several quarters of negative operating profits.\nThis is the only old-school media studio I would consider owning nowadays. Unfortunately, Disney's sector peers often respond to changing market conditions by retreating into their shells to defend the operating procedures of old, and those efforts are mostly ineffective.\nFor example, movie theater attendance has been falling for decades. Hollywood at large wanted to address this problem by raising ticket prices, which then resulted in even fewer ticket sales. In Disney's case, the company eventually fired up a serious media-streaming service packed with the company's legendary content, supported by a steady stream of brand new original material.\nDisney+ is the company's future in many ways, and you won't see CEO Bob Chapek or chairman Bob Iger complaining about that fact. Instead, they tweaked their company's operating structure to accelerate the transformation.\nI don't know where the entertainment and media markets are going in the long run, but I don't really have to. I'm convinced that Disney will do whatever it takes to stay relevant and thriving in whatever market conditions might be around the bend. Again, I really like owning stocks tied to businesses that can and will change over time. Disney is another great example of this market-beating quality.","news_type":1},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881578891,"gmtCreate":1631371638613,"gmtModify":1676530537100,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881578891","repostId":"1147045390","repostType":4,"repost":{"id":"1147045390","kind":"news","pubTimestamp":1631321547,"share":"https://ttm.financial/m/news/1147045390?lang=&edition=fundamental","pubTime":"2021-09-11 08:52","market":"us","language":"en","title":"Why Apple’s Risk Is Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=1147045390","media":"Barrons","summary":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple  to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30%","content":"<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.</p>\n<p>In a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.</p>\n<p>Data from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.</p>\n<p>SensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.</p>\n<p>Gene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.</p>\n<p>Munster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.</p>\n<p>“After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”</p>\n<p>Evercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.</p>\n<p>Wedbush analyst Dan Ives told&nbsp;<i>Barron’s</i>&nbsp;he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.</p>\n<p>The ruling is more a positive for companies like&nbsp;Spotify Technology&nbsp;and&nbsp;Match Group&nbsp;than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97&nbsp;on&nbsp;Friday, while Spotify and March gained 0.7% and&nbsp;4.2%, respectively.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Apple’s Risk Is Limited</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Apple’s Risk Is Limited\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 08:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded ...</p>\n\n<a href=\"https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/apple-app-store-epic-51631304007?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147045390","content_text":"Apple faces real, but limited, risk to its revenue and profits from Friday’s ruling that requires it to allow developers to offer alternative payment methods for purchases made in apps downloaded through the Apple app store.\nIn a case filed by Fortnite publisher Epic Games, U.S. District Judge Yvonne Gonzalez Rogers issued a permanent injunction that requires Apple (ticker: AAPL) to allow developers the option to include links to alternative payment methods in their apps. Apple’s own payment system takes a 30% cut from large developers.\nData from the app tracker SensorTower shows that in calendar 2020, Apple had overall revenue from the App Store of $72.3 billion, generating an estimated $21.7 billion in fees, or about 7% of Apple’s overall revenues. That includes $21 billion in spending in the U.S., generating about $6.3 billion in fees, or about 2% of annualized revenues.\nSensorTower estimates that mobile-game spending in the App Store in calendar 2020 was $47.6 billion, generating $14.3 billion in fees, or a little under 5% of Apple’s total revenues.\nGene Munster, managing director of the venture firm Loup Capital and a former sell-side analyst with a long history of tracking Apple, estimated that the App Store accounts for about 14% of the company’s profits. But he sees limited risk from Friday’s ruling.\nMunster thinks most app developers will stay inside of the Apple system. He sees “at most” a 2% headwind to overall revenue, and a potential 4% hit to profits.\n“After the first year of these changes, app store growth rates will return to normal,” he said. “Bottom line, it’s at most a one-year headwind and does not change the big picture of where Apple is going over the next 5 years.”\nEvercore ISI analyst Amit Daryanani said in a research note that the ruling is a setback for Apple, but that the eventual impact is likely to be manageable, given Apple has alternative ways to generate revenue from the store, including its growing in-store ad business. And he noted that Apple actually got a win on a bigger issue in the case: The judge rejected Epic’s assertion that the App Store is an illegal monopoly. Daryanani estimated the risk to Apple’s per-share earnings at 2% to 4%.\nWedbush analyst Dan Ives told Barron’s he thinks the worst-case scenario is a 3% to 4% hit to revenues, describing the risk as a “rounding error.” While Ives said the Street had expected an across-the-board win for Apple, the mixed decision removes an overhang on the stock and that investors are likely relieved to put the issue to rest.\nThe ruling is more a positive for companies like Spotify Technology and Match Group than it is a negative for Apple, he said. Apple stock fell 3.3% to $148.97 on Friday, while Spotify and March gained 0.7% and 4.2%, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881306866,"gmtCreate":1631288693855,"gmtModify":1676530522101,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"&nbsp;Like pls&nbsp;","listText":"&nbsp;Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881306866","repostId":"2166375944","repostType":4,"repost":{"id":"2166375944","kind":"news","pubTimestamp":1631284662,"share":"https://ttm.financial/m/news/2166375944?lang=&edition=fundamental","pubTime":"2021-09-10 22:37","market":"us","language":"en","title":"Dealmaker Who Beat Topps for Baseball Cards Is Worth $8 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2166375944","media":"Bloomberg","summary":"(Bloomberg) -- Michael Rubin was a freshman at Villanova University when he first displayed a knack ","content":"<p><img src=\"https://static.tigerbbs.com/15811a970c847be9d96d0292a4227ad4\" tg-width=\"2200\" tg-height=\"1467\" width=\"100%\" height=\"auto\"></p>\n<p>(Bloomberg) -- Michael Rubin was a freshman at Villanova University when he first displayed a knack for pulling off big deals. Using cash borrowed from a neighbor, he bought $200,000 of overstock sports equipment and soon resold it for a $75,000 profit.</p>\n<p>He’s been pouncing on opportunities ever since.</p>\n<p>Today, Rubin has a net worth of about $8 billion, according to the Bloomberg Billionaires Index. Seizing on the disruptive power of internet-based shopping, he has turned sports merchandiser Fanatics into an $18 billion powerhouse that sells everything from National Basketball Association jerseys to Kentucky Wildcat-themed portable barbecue grills. He owns about 40% of the company, according to a person with knowledge of the matter.</p>\n<p>Rubin, 49, built Fanatics out of scraps left over from a deal with <a href=\"https://laohu8.com/S/EBAY\">eBay</a> Inc. a decade ago. Now the Jacksonville, Florida-based firm -- which has tripled in value through multiple funding rounds over the past 12 months -- is using its newfound heft to become a disruptor. Last month, it dethroned Topps Co. as the go-to producer of baseball cards by reaching exclusive agreements with Major League Baseball and its players’ association. It also added agreements with the NBA and National Football League.</p>\n<p>“Fanatics came into the jersey and apparel space and absolutely took over,” said Mike Gioseffi, who co-hosts the podcast Sports Cards Nonsense. The speed and breadth of its recent moves into trading cards are “just unheard of.”</p>\n<p><b>Sports Betting</b></p>\n<p>Fanatics is seeking to expand even further, with plans to enter sports betting, ticketing and media, according to company management. The sports-gambling industry could be an especially ripe target. It’s in the midst of consolidation and takeovers three years after the U.S. Supreme Court overturned a 26-year-old law banning sports betting in a majority of states.</p>\n<p>A Fanatics spokesperson declined to comment on the firm’s expansion plans or Rubin’s net worth.</p>\n<p>Rubin, part-owner of the NBA’s Philadelphia 76ers through a reported 10% stake in Harris Blitzer Sports &amp; Entertainment, is also executive chairman of Rue Gilt Groupe, an e-commerce company that owns fashion retail websites Rue La La and Gilt. He knows that his businesses are rapidly becoming ubiquitous.</p>\n<p>“You can’t get away from me,” he joked in a 2019 radio interview.</p>\n<p>Like a Silicon Valley tech whiz, Rubin has disrupted brick-and-mortar industries by moving sales operations to online platforms. Despite his embrace of e-commerce, he still identifies with old-school dealmakers who founded companies on relationships and opportunism.</p>\n<p>“I got a 780 combined on my SATs,” Rubin said in the January 2019 interview on the Breakfast Club, a New York-based radio show. “I wasn’t book smart, I wasn’t school smart at all, but what I had was common sense and street smarts.”</p>\n<p><b>Ski Shop</b></p>\n<p>Raised in Lafayette Hill, Pennsylvania, Rubin started a ski-equipment business in his parents’ basement when he was 12. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> years later, using $2,500 in bar mitzvah gifts as seed capital, he opened a ski shop in nearby Conshohocken called Mike’s Ski &amp; Sport, according to the website of his holding company, Kynetic.</p>\n<p>His early venture quickly floundered. After falling $120,000 in debt, Rubin settled with creditors using a loan from his father that he got on the condition he attend college. He’d been at Villanova only a few weeks when he pulled off his profitable surplus sports-equipment deal.</p>\n<p>Using the proceeds of that transaction, he started KPR Sports International, which bought and sold overstock brand-name merchandise. By 1995, the year Rubin turned 23, KPR had reached $50 million in revenue.</p>\n<p>Around that time an analyst called him, asking what he was going to do about the internet.</p>\n<p>“Don’t waste my time with this internet thing,” Rubin responded, and hung up.</p>\n<p><b>A Steal</b></p>\n<p>But after the analyst called again, Rubin changed his thinking. He later persuaded many of the largest sporting-goods retailers to sign over their e-commerce rights to his company, GSI Commerce. GSI was soon providing online sales and marketing services to more than 2,000 brands, including the NFL and Polo Ralph Lauren.</p>\n<p>Then came the deal of a lifetime.</p>\n<p>In March 2011, eBay agreed to buy GSI for $2.4 billion, hoping to use its extensive order-fulfillment capabilities to compete with Amazon.com Inc., which was gobbling up vast swathes of online retailing. Because eBay only wanted the customer exposure, it sold two GSI businesses — ShopRunner and Rue La La — back to Rubin, along with 100% of Fanatics.</p>\n<p>Rubin knew it was a steal. So did shareholders, who filed a lawsuit against GSI and eBay alleging the sale was “a Rubin-led leveraged buyout of key company assets.” Rubin, the suit added, would be able to “reap their true value for himself.”</p>\n<p>The lawsuit was eventually settled, with GSI stockholders receiving an additional 33 cents a share on top of the $29.25 they were already set to receive.</p>\n<p><b>Possible IPO</b></p>\n<p>Rubin has not let the potential of that deal go to waste. During an appearance on CNBC in March, he said he was toying with the possibility of taking the company public.</p>\n<p>Meanwhile, in private, he was contemplating an incursion into several additional areas of sports business, attacking long-time incumbents as the new player in town.</p>\n<p>Over the past six months, Fanatics has added a range of top executives to lead that charge. It brought on former FanDuel Chief Executive Officer Matt King to head sports betting and Warner Music Group Corp.’s Dan Goldberg for concert and festival merchandise. Other hires include Glenn Schiffman, former chief financial officer of Barry Diller’s IAC, and Los Angeles Dodgers ex-President Tucker Kain.</p>\n<p>The first target was the trading-card industry. Fanatics’ exclusive agreement with MLB and its players’ union displaced long-dominant Topps, causing enough strife to shut down the firm’s plans to go public through a special purpose acquisition company. Fanatics also scored exclusive card deals with the NFL and NBA, ousting Italian collectibles company Panini.</p>\n<p>Next up may be the gambling industry. Fanatics has joined with rapper and Roc Nation founder Jay-Z in a bid to get into mobile sports betting in New York. The legislature approved such wagering in April, and the state’s gaming commission is expected to select sportsbooks later this year.</p>\n<p>In a filing to the commission, Fanatics made its commitment blunt: “Fanatics Sportsbook’s financial plan permits aggressive expansion.”</p>","source":"yahoofinance","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>Dealmaker Who Beat Topps for Baseball Cards Is Worth $8 Billion</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\">\nDealmaker Who Beat Topps for Baseball Cards Is Worth $8 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 22:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/dealmaker-beat-topps-baseball-cards-130142851.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Michael Rubin was a freshman at Villanova University when he first displayed a knack for pulling off big deals. Using cash borrowed from a neighbor, he bought $200,000 of overstock ...</p>\n\n<a href=\"https://finance.yahoo.com/news/dealmaker-beat-topps-baseball-cards-130142851.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","EBAY":"eBay"},"source_url":"https://finance.yahoo.com/news/dealmaker-beat-topps-baseball-cards-130142851.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2166375944","content_text":"(Bloomberg) -- Michael Rubin was a freshman at Villanova University when he first displayed a knack for pulling off big deals. Using cash borrowed from a neighbor, he bought $200,000 of overstock sports equipment and soon resold it for a $75,000 profit.\nHe’s been pouncing on opportunities ever since.\nToday, Rubin has a net worth of about $8 billion, according to the Bloomberg Billionaires Index. Seizing on the disruptive power of internet-based shopping, he has turned sports merchandiser Fanatics into an $18 billion powerhouse that sells everything from National Basketball Association jerseys to Kentucky Wildcat-themed portable barbecue grills. He owns about 40% of the company, according to a person with knowledge of the matter.\nRubin, 49, built Fanatics out of scraps left over from a deal with eBay Inc. a decade ago. Now the Jacksonville, Florida-based firm -- which has tripled in value through multiple funding rounds over the past 12 months -- is using its newfound heft to become a disruptor. Last month, it dethroned Topps Co. as the go-to producer of baseball cards by reaching exclusive agreements with Major League Baseball and its players’ association. It also added agreements with the NBA and National Football League.\n“Fanatics came into the jersey and apparel space and absolutely took over,” said Mike Gioseffi, who co-hosts the podcast Sports Cards Nonsense. The speed and breadth of its recent moves into trading cards are “just unheard of.”\nSports Betting\nFanatics is seeking to expand even further, with plans to enter sports betting, ticketing and media, according to company management. The sports-gambling industry could be an especially ripe target. It’s in the midst of consolidation and takeovers three years after the U.S. Supreme Court overturned a 26-year-old law banning sports betting in a majority of states.\nA Fanatics spokesperson declined to comment on the firm’s expansion plans or Rubin’s net worth.\nRubin, part-owner of the NBA’s Philadelphia 76ers through a reported 10% stake in Harris Blitzer Sports & Entertainment, is also executive chairman of Rue Gilt Groupe, an e-commerce company that owns fashion retail websites Rue La La and Gilt. He knows that his businesses are rapidly becoming ubiquitous.\n“You can’t get away from me,” he joked in a 2019 radio interview.\nLike a Silicon Valley tech whiz, Rubin has disrupted brick-and-mortar industries by moving sales operations to online platforms. Despite his embrace of e-commerce, he still identifies with old-school dealmakers who founded companies on relationships and opportunism.\n“I got a 780 combined on my SATs,” Rubin said in the January 2019 interview on the Breakfast Club, a New York-based radio show. “I wasn’t book smart, I wasn’t school smart at all, but what I had was common sense and street smarts.”\nSki Shop\nRaised in Lafayette Hill, Pennsylvania, Rubin started a ski-equipment business in his parents’ basement when he was 12. Two years later, using $2,500 in bar mitzvah gifts as seed capital, he opened a ski shop in nearby Conshohocken called Mike’s Ski & Sport, according to the website of his holding company, Kynetic.\nHis early venture quickly floundered. After falling $120,000 in debt, Rubin settled with creditors using a loan from his father that he got on the condition he attend college. He’d been at Villanova only a few weeks when he pulled off his profitable surplus sports-equipment deal.\nUsing the proceeds of that transaction, he started KPR Sports International, which bought and sold overstock brand-name merchandise. By 1995, the year Rubin turned 23, KPR had reached $50 million in revenue.\nAround that time an analyst called him, asking what he was going to do about the internet.\n“Don’t waste my time with this internet thing,” Rubin responded, and hung up.\nA Steal\nBut after the analyst called again, Rubin changed his thinking. He later persuaded many of the largest sporting-goods retailers to sign over their e-commerce rights to his company, GSI Commerce. GSI was soon providing online sales and marketing services to more than 2,000 brands, including the NFL and Polo Ralph Lauren.\nThen came the deal of a lifetime.\nIn March 2011, eBay agreed to buy GSI for $2.4 billion, hoping to use its extensive order-fulfillment capabilities to compete with Amazon.com Inc., which was gobbling up vast swathes of online retailing. Because eBay only wanted the customer exposure, it sold two GSI businesses — ShopRunner and Rue La La — back to Rubin, along with 100% of Fanatics.\nRubin knew it was a steal. So did shareholders, who filed a lawsuit against GSI and eBay alleging the sale was “a Rubin-led leveraged buyout of key company assets.” Rubin, the suit added, would be able to “reap their true value for himself.”\nThe lawsuit was eventually settled, with GSI stockholders receiving an additional 33 cents a share on top of the $29.25 they were already set to receive.\nPossible IPO\nRubin has not let the potential of that deal go to waste. During an appearance on CNBC in March, he said he was toying with the possibility of taking the company public.\nMeanwhile, in private, he was contemplating an incursion into several additional areas of sports business, attacking long-time incumbents as the new player in town.\nOver the past six months, Fanatics has added a range of top executives to lead that charge. It brought on former FanDuel Chief Executive Officer Matt King to head sports betting and Warner Music Group Corp.’s Dan Goldberg for concert and festival merchandise. Other hires include Glenn Schiffman, former chief financial officer of Barry Diller’s IAC, and Los Angeles Dodgers ex-President Tucker Kain.\nThe first target was the trading-card industry. Fanatics’ exclusive agreement with MLB and its players’ union displaced long-dominant Topps, causing enough strife to shut down the firm’s plans to go public through a special purpose acquisition company. Fanatics also scored exclusive card deals with the NFL and NBA, ousting Italian collectibles company Panini.\nNext up may be the gambling industry. Fanatics has joined with rapper and Roc Nation founder Jay-Z in a bid to get into mobile sports betting in New York. The legislature approved such wagering in April, and the state’s gaming commission is expected to select sportsbooks later this year.\nIn a filing to the commission, Fanatics made its commitment blunt: “Fanatics Sportsbook’s financial plan permits aggressive expansion.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881308637,"gmtCreate":1631288611329,"gmtModify":1676530522109,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"LikePls","listText":"LikePls","text":"LikePls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/881308637","repostId":"2166375610","repostType":4,"repost":{"id":"2166375610","kind":"highlight","pubTimestamp":1631284680,"share":"https://ttm.financial/m/news/2166375610?lang=&edition=fundamental","pubTime":"2021-09-10 22:38","market":"us","language":"en","title":"Amazon's $50 Billion Opportunity Is Rolling Out at Whole Foods Stores","url":"https://stock-news.laohu8.com/highlight/detail?id=2166375610","media":"Motley Fool","summary":"The e-commerce giant is doubling down on its \"Just Walk Out\" system.","content":"<p><b>Amazon</b> (NASDAQ:AMZN) announced in a blog post on Wednesday that the \"Just Walk Out\" technology that powers its Amazon Go stores will soon debut at two Whole Foods stores. The cutting-edge system lets customers pick up items and simply walk out of the store. Once they depart, the purchases are charged to their account.</p>\n<p>This could be the start of a whole new era for grocery stores, allowing consumers to skip the checkout line altogether and simply take their items and go. This also marks Amazon's most ambitious rollout of the technology yet.</p>\n<p>Starting next year, Whole Foods stores in Washington, D.C. and Sherman Oaks, California will be outfitted with the Just Walk Out system.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F642596%2Fa-person-with-a-mask-shopping-for-fresh-vegetables.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"461\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Cutting-edge technology, years in the making</h3>\n<p>The company first debuted its groundbreaking technology at the Amazon Go store in 2017. Shoppers use the Amazon app on their smartphones to gain access to the store.</p>\n<p>The system is powered by computer vision, various sensors, and artificial intelligence algorithms to track customers' movements as they shop. It then detects when items are taken from the shelf and placed in a shopper's bag or basket or perhaps returned to the shelf. Once the user leaves the store, the purchased items are tallied on a digital register tape, and the total is charged to their payment method on file.</p>\n<p>Since the first location opened nearly five years ago, Amazon has worked to perfect its technology, testing it in a variety of location sizes and formats. In addition, the company has expanded beyond the initial Amazon Go stores, introducing the hyperćonvenient solution in several Amazon Fresh locations and full-sized grocery stores.</p>\n<p>Amazon also has some deals with third-party retailers, licensing the tech to privately held airport-shop operator OTG. The company announced early last year that the system would be used at the CIBO Express Market in Newark <a href=\"https://laohu8.com/S/LFG.AU\">Liberty</a> International Airport and LaGuardia Airport, with other locations to come.</p>\n<p>This marks the first time Amazon has used the technology on such a large scale, allowing shoppers to scan the app or insert a credit card associated with their accounts. Customers can also use the company's contactless palm-scanning system, which is also associated with their Amazon Prime accounts.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F642596%2Fa-person-shopping-for-groceries-in-an-organic-health-food-store.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h3>A $50 billion market opportunity</h3>\n<p>Skipping the checkout line is an idea whose time has come. Younger and more tech-savvy consumers are likely to quickly embrace the technology, which might still be intimidating to some shoppers. This changing consumer paradigm represents a large and growing opportunity for Amazon.</p>\n<p>In 2018, the size of the automated retail market was estimated at $50 billion, according to estimates generated by Loop Ventures. If Amazon successfully captures even a fraction of this opportunity, the company could generate a significant new revenue stream selling or licensing this technology.</p>\n<h3>A history of innovation and disruption</h3>\n<p>This adds to a long and growing list of disruptive innovations that have come courtesy of Amazon. The company popularized the concept of cloud computing and revolutionized online retail. Let's not forget that Amazon was also among the first to debut a smart speaker powered by voice technology, introducing the world to the Echo and its digital assistant, Alexa.</p>\n<p>Given the company's significant head start in the field of cashier-less checkout, Amazon might just have another winner on its hands.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon's $50 Billion Opportunity Is Rolling Out at Whole Foods Stores</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 $50 Billion Opportunity Is Rolling Out at Whole Foods Stores\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/10/amazons-50-billion-opportunity-at-whole-foods/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon (NASDAQ:AMZN) announced in a blog post on Wednesday that the \"Just Walk Out\" technology that powers its Amazon Go stores will soon debut at two Whole Foods stores. The cutting-edge system lets ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/amazons-50-billion-opportunity-at-whole-foods/\">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.fool.com/investing/2021/09/10/amazons-50-billion-opportunity-at-whole-foods/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166375610","content_text":"Amazon (NASDAQ:AMZN) announced in a blog post on Wednesday that the \"Just Walk Out\" technology that powers its Amazon Go stores will soon debut at two Whole Foods stores. The cutting-edge system lets customers pick up items and simply walk out of the store. Once they depart, the purchases are charged to their account.\nThis could be the start of a whole new era for grocery stores, allowing consumers to skip the checkout line altogether and simply take their items and go. This also marks Amazon's most ambitious rollout of the technology yet.\nStarting next year, Whole Foods stores in Washington, D.C. and Sherman Oaks, California will be outfitted with the Just Walk Out system.\n\nImage source: Getty Images.\nCutting-edge technology, years in the making\nThe company first debuted its groundbreaking technology at the Amazon Go store in 2017. Shoppers use the Amazon app on their smartphones to gain access to the store.\nThe system is powered by computer vision, various sensors, and artificial intelligence algorithms to track customers' movements as they shop. It then detects when items are taken from the shelf and placed in a shopper's bag or basket or perhaps returned to the shelf. Once the user leaves the store, the purchased items are tallied on a digital register tape, and the total is charged to their payment method on file.\nSince the first location opened nearly five years ago, Amazon has worked to perfect its technology, testing it in a variety of location sizes and formats. In addition, the company has expanded beyond the initial Amazon Go stores, introducing the hyperćonvenient solution in several Amazon Fresh locations and full-sized grocery stores.\nAmazon also has some deals with third-party retailers, licensing the tech to privately held airport-shop operator OTG. The company announced early last year that the system would be used at the CIBO Express Market in Newark Liberty International Airport and LaGuardia Airport, with other locations to come.\nThis marks the first time Amazon has used the technology on such a large scale, allowing shoppers to scan the app or insert a credit card associated with their accounts. Customers can also use the company's contactless palm-scanning system, which is also associated with their Amazon Prime accounts.\n\nImage source: Getty Images.\nA $50 billion market opportunity\nSkipping the checkout line is an idea whose time has come. Younger and more tech-savvy consumers are likely to quickly embrace the technology, which might still be intimidating to some shoppers. This changing consumer paradigm represents a large and growing opportunity for Amazon.\nIn 2018, the size of the automated retail market was estimated at $50 billion, according to estimates generated by Loop Ventures. If Amazon successfully captures even a fraction of this opportunity, the company could generate a significant new revenue stream selling or licensing this technology.\nA history of innovation and disruption\nThis adds to a long and growing list of disruptive innovations that have come courtesy of Amazon. The company popularized the concept of cloud computing and revolutionized online retail. Let's not forget that Amazon was also among the first to debut a smart speaker powered by voice technology, introducing the world to the Echo and its digital assistant, Alexa.\nGiven the company's significant head start in the field of cashier-less checkout, Amazon might just have another winner on its hands.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880426348,"gmtCreate":1631074124984,"gmtModify":1676530460310,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880426348","repostId":"1148263008","repostType":4,"repost":{"id":"1148263008","kind":"news","pubTimestamp":1631073672,"share":"https://ttm.financial/m/news/1148263008?lang=&edition=fundamental","pubTime":"2021-09-08 12:01","market":"us","language":"en","title":"Toshiba Undecided on Privatization Amid Talks With Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1148263008","media":"Bloomberg","summary":"Board hasn’t decided on ‘most appropriate course of action’\nTroubled conglomerate gives update on it","content":"<ul>\n <li>Board hasn’t decided on ‘most appropriate course of action’</li>\n <li>Troubled conglomerate gives update on its strategic review</li>\n</ul>\n<p>Toshiba Corp.’s board is yet to reach a decision on whether the troubled conglomerate should pursue going private, as talks with investors on the company’s strategic direction continue.</p>\n<p>The board “has not yet decided on the most appropriate course of action and is continuing to explore feasible strategic alternatives,” Toshiba&nbsp;said&nbsp;Wednesday. Its panel exploring strategic alternatives has been engaged in active dialogue with potential investors, but there are “multiple issues” related to a potential privatization to be resolved, the company said.</p>\n<p>Toshiba started weighing options including privatizationin Mayafter weeks of takeover discussions sparked by private equity firm CVC Capital Partners’ $21 billion acquisition bid. Investors including 3D Investment Partners have pressured the Japanese energy-to-electronics conglomerate to conduct a full strategic review and explore any serious interest in the company to rebuild shareholder trust.</p>\n<p>Shares of Toshiba were&nbsp;little changed&nbsp;in early afternoon trading in Tokyo. They have advanced about 5% since the company kicked off the review, saying that it had appointed UBS as financial adviser and that it would consider potential offers. The company deemed the CVC proposal&nbsp;insufficiently detailed&nbsp;to evaluate.</p>\n<p>The search for a new chief executive officer is progressing, with the company saying it’ll narrow down a list of candidates in the coming months. Its previous CEO, Nobuaki Kurumatani, stepped down in April after he suffered a sharp drop in support from employees and executives. In June, shareholders voted to oust Chairman of the Board Osamu Nagayama in a rare triumph for activist investors.</p>\n<p>Once a storied name in Japan, Toshiba has faded dramatically after years of management missteps. It paid a record fine in an accounting scandal and then lost billions on a bungled foray into nuclear power. The conglomerate invented flash memory three decades ago, but was forced to sell most of its prized chip business in 2018 because of losses in its nuclear-power operation.</p>\n<p></p>","source":"lsy1584095487587","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>Toshiba Undecided on Privatization Amid Talks With Investors</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\">\nToshiba Undecided on Privatization Amid Talks With Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 12:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-08/toshiba-panel-has-evaluated-privatization-board-undecided?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Board hasn’t decided on ‘most appropriate course of action’\nTroubled conglomerate gives update on its strategic review\n\nToshiba Corp.’s board is yet to reach a decision on whether the troubled ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-08/toshiba-panel-has-evaluated-privatization-board-undecided?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TOSYY":"东芝"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-08/toshiba-panel-has-evaluated-privatization-board-undecided?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148263008","content_text":"Board hasn’t decided on ‘most appropriate course of action’\nTroubled conglomerate gives update on its strategic review\n\nToshiba Corp.’s board is yet to reach a decision on whether the troubled conglomerate should pursue going private, as talks with investors on the company’s strategic direction continue.\nThe board “has not yet decided on the most appropriate course of action and is continuing to explore feasible strategic alternatives,” Toshiba said Wednesday. Its panel exploring strategic alternatives has been engaged in active dialogue with potential investors, but there are “multiple issues” related to a potential privatization to be resolved, the company said.\nToshiba started weighing options including privatizationin Mayafter weeks of takeover discussions sparked by private equity firm CVC Capital Partners’ $21 billion acquisition bid. Investors including 3D Investment Partners have pressured the Japanese energy-to-electronics conglomerate to conduct a full strategic review and explore any serious interest in the company to rebuild shareholder trust.\nShares of Toshiba were little changed in early afternoon trading in Tokyo. They have advanced about 5% since the company kicked off the review, saying that it had appointed UBS as financial adviser and that it would consider potential offers. The company deemed the CVC proposal insufficiently detailed to evaluate.\nThe search for a new chief executive officer is progressing, with the company saying it’ll narrow down a list of candidates in the coming months. Its previous CEO, Nobuaki Kurumatani, stepped down in April after he suffered a sharp drop in support from employees and executives. In June, shareholders voted to oust Chairman of the Board Osamu Nagayama in a rare triumph for activist investors.\nOnce a storied name in Japan, Toshiba has faded dramatically after years of management missteps. It paid a record fine in an accounting scandal and then lost billions on a bungled foray into nuclear power. The conglomerate invented flash memory three decades ago, but was forced to sell most of its prized chip business in 2018 because of losses in its nuclear-power operation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880378292,"gmtCreate":1631022937416,"gmtModify":1676530445380,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880378292","repostId":"1148433063","repostType":4,"repost":{"id":"1148433063","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":1631022522,"share":"https://ttm.financial/m/news/1148433063?lang=&edition=fundamental","pubTime":"2021-09-07 21:48","market":"us","language":"en","title":"Apple reached record high in early trading, $3 Trillion Is Next, Says This Expert","url":"https://stock-news.laohu8.com/highlight/detail?id=1148433063","media":"Tiger Newspress","summary":"(Sept 7) Apple reached record high in early trading.\n\n\nWedbush’s Dan Ives has made a bold prediction","content":"<p>(Sept 7)&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a> reached record high in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/96dca33753e8aa6e7dc7045ba0a22ae2\" tg-width=\"1094\" tg-height=\"516\" referrerpolicy=\"no-referrer\"></p>\n<blockquote>\n <b>Wedbush’s Dan Ives has made a bold prediction: <a href=\"https://laohu8.com/S/AAPL\">Apple</a> stock will be valued at $3 trillion within six to nine months. Here is what supports his bullish thesis.</b>\n</blockquote>\n<p>Wedbush analyst Dan Ives, whom&nbsp;the Apple Maven interviewed a few weeks ago, is not letting off the gas. In his opinion, <a href=\"https://laohu8.com/S/AAPL\">Apple</a> stock-Get Apple Inc. (AAPL) Report&nbsp;will be valued at $3 trillion within the next six to nine months – thus becoming the first company to ever reach this valuation milestone.</p>\n<p>The Apple Maven reviews Mr. Ives’ bullish thesis and the key factors that support it. Lastly, I present <a href=\"https://laohu8.com/S/AONE.U\">one</a> rare instance in which I disagree with the Wedbush analyst.</p>\n<p><b>It starts with the super cycle</b></p>\n<p>During his&nbsp;interview&nbsp;with Bloomberg, Dan Ives explained why Apple stock should be worth $3 trillion soon, up 18% from $2.55 trillion today. At the core of the bullish case is what the analyst calls the “elongated iPhone super cycle”.</p>\n<p>In my conversation with Dan, he explained that Wall Street underestimates the depth of the upgrade cycle that the iPhone 12 has merely kickstarted. Rather than one wave, he sees multiple iterations of smartphone users buying Apple’s new devices over the next few years. His quote:</p>\n<blockquote>\n “If you look at it, we still have 25% of the base that has not upgraded their iPhones in the last three and a half years. 5G does not get fully embraced for the next two or three years, until the networks are built out. In <a href=\"https://laohu8.com/S/CAAS\">China</a> [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”\n</blockquote>\n<p><b>Services and innovation</b></p>\n<p>But not all is about iPhone sales upside. Dan also mentioned two other important factors that support his bullishness: services and technological innovations.</p>\n<p>On the former, the analyst believes that this massive segment, which produces $65 billion in revenues per year and grows at a pace of 20%-plus, is worth $1.4 trillion. The 20x implied price-to-sales valuation may seem too rich, but less so if one considers the enviable 65% op margins and solid growth prospects.</p>\n<p>Regarding the latter, Dan points out that Apple continues to impress on the technological innovation front – something that has not been left in the rearview mirror, as some skeptics believe. I agree with this take, especially ahead of two likely product launches in the next five years:mixed-reality headsetsandthe Apple Car.</p>\n<p><b>On the App Store risk</b></p>\n<p>I tend to agree with Dan Ives on most of the arguments that he makes about Apple and its stock. However, in my view, he does not seem worried enough about the risks associated with the App Store and the scrutiny around Apple’s highly lucrative app platform.</p>\n<p>Dan certainly recognizes the regulatory challenges. However, he sees the consequences leaning more towards fines rather than business model changes. He thinks that the risk to the 30% App Store fee is seen as contained by investors, which seems evident in lack of share price pressures as of late.</p>\n<p>I, on the other hand,believe that the business model changesare already underway. The key question in my mind is not if there will be a negative impact, but to what extent. I believe only time will answer this question with any accuracy, starting with Apple’s fiscal Q4 earnings report and fiscal Q1 guidance to be released in October.</p>\n<p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> speaks</b></p>\n<p>The most bullish of Apple analysts thinks that AAPL will be valued at $3 trillion within the next 6 to 9 months. How likely do you think that this price target will materialize within this time frame?</p>\n<p><img src=\"https://static.tigerbbs.com/d18b1381ad0ad256d9235af07734ab85\" tg-width=\"562\" tg-height=\"338\" 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>Apple reached record high in early trading, $3 Trillion Is Next, Says This Expert</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple reached record high in early trading, $3 Trillion Is Next, Says This Expert\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\">2021-09-07 21:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 7)&nbsp;<a href=\"https://laohu8.com/S/AAPL\">Apple</a> reached record high in early trading.</p>\n<p><img src=\"https://static.tigerbbs.com/96dca33753e8aa6e7dc7045ba0a22ae2\" tg-width=\"1094\" tg-height=\"516\" referrerpolicy=\"no-referrer\"></p>\n<blockquote>\n <b>Wedbush’s Dan Ives has made a bold prediction: <a href=\"https://laohu8.com/S/AAPL\">Apple</a> stock will be valued at $3 trillion within six to nine months. Here is what supports his bullish thesis.</b>\n</blockquote>\n<p>Wedbush analyst Dan Ives, whom&nbsp;the Apple Maven interviewed a few weeks ago, is not letting off the gas. In his opinion, <a href=\"https://laohu8.com/S/AAPL\">Apple</a> stock-Get Apple Inc. (AAPL) Report&nbsp;will be valued at $3 trillion within the next six to nine months – thus becoming the first company to ever reach this valuation milestone.</p>\n<p>The Apple Maven reviews Mr. Ives’ bullish thesis and the key factors that support it. Lastly, I present <a href=\"https://laohu8.com/S/AONE.U\">one</a> rare instance in which I disagree with the Wedbush analyst.</p>\n<p><b>It starts with the super cycle</b></p>\n<p>During his&nbsp;interview&nbsp;with Bloomberg, Dan Ives explained why Apple stock should be worth $3 trillion soon, up 18% from $2.55 trillion today. At the core of the bullish case is what the analyst calls the “elongated iPhone super cycle”.</p>\n<p>In my conversation with Dan, he explained that Wall Street underestimates the depth of the upgrade cycle that the iPhone 12 has merely kickstarted. Rather than one wave, he sees multiple iterations of smartphone users buying Apple’s new devices over the next few years. His quote:</p>\n<blockquote>\n “If you look at it, we still have 25% of the base that has not upgraded their iPhones in the last three and a half years. 5G does not get fully embraced for the next two or three years, until the networks are built out. In <a href=\"https://laohu8.com/S/CAAS\">China</a> [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”\n</blockquote>\n<p><b>Services and innovation</b></p>\n<p>But not all is about iPhone sales upside. Dan also mentioned two other important factors that support his bullishness: services and technological innovations.</p>\n<p>On the former, the analyst believes that this massive segment, which produces $65 billion in revenues per year and grows at a pace of 20%-plus, is worth $1.4 trillion. The 20x implied price-to-sales valuation may seem too rich, but less so if one considers the enviable 65% op margins and solid growth prospects.</p>\n<p>Regarding the latter, Dan points out that Apple continues to impress on the technological innovation front – something that has not been left in the rearview mirror, as some skeptics believe. I agree with this take, especially ahead of two likely product launches in the next five years:mixed-reality headsetsandthe Apple Car.</p>\n<p><b>On the App Store risk</b></p>\n<p>I tend to agree with Dan Ives on most of the arguments that he makes about Apple and its stock. However, in my view, he does not seem worried enough about the risks associated with the App Store and the scrutiny around Apple’s highly lucrative app platform.</p>\n<p>Dan certainly recognizes the regulatory challenges. However, he sees the consequences leaning more towards fines rather than business model changes. He thinks that the risk to the 30% App Store fee is seen as contained by investors, which seems evident in lack of share price pressures as of late.</p>\n<p>I, on the other hand,believe that the business model changesare already underway. The key question in my mind is not if there will be a negative impact, but to what extent. I believe only time will answer this question with any accuracy, starting with Apple’s fiscal Q4 earnings report and fiscal Q1 guidance to be released in October.</p>\n<p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> speaks</b></p>\n<p>The most bullish of Apple analysts thinks that AAPL will be valued at $3 trillion within the next 6 to 9 months. How likely do you think that this price target will materialize within this time frame?</p>\n<p><img src=\"https://static.tigerbbs.com/d18b1381ad0ad256d9235af07734ab85\" tg-width=\"562\" tg-height=\"338\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148433063","content_text":"(Sept 7) Apple reached record high in early trading.\n\n\nWedbush’s Dan Ives has made a bold prediction: Apple stock will be valued at $3 trillion within six to nine months. Here is what supports his bullish thesis.\n\nWedbush analyst Dan Ives, whom the Apple Maven interviewed a few weeks ago, is not letting off the gas. In his opinion, Apple stock-Get Apple Inc. (AAPL) Report will be valued at $3 trillion within the next six to nine months – thus becoming the first company to ever reach this valuation milestone.\nThe Apple Maven reviews Mr. Ives’ bullish thesis and the key factors that support it. Lastly, I present one rare instance in which I disagree with the Wedbush analyst.\nIt starts with the super cycle\nDuring his interview with Bloomberg, Dan Ives explained why Apple stock should be worth $3 trillion soon, up 18% from $2.55 trillion today. At the core of the bullish case is what the analyst calls the “elongated iPhone super cycle”.\nIn my conversation with Dan, he explained that Wall Street underestimates the depth of the upgrade cycle that the iPhone 12 has merely kickstarted. Rather than one wave, he sees multiple iterations of smartphone users buying Apple’s new devices over the next few years. His quote:\n\n “If you look at it, we still have 25% of the base that has not upgraded their iPhones in the last three and a half years. 5G does not get fully embraced for the next two or three years, until the networks are built out. In China [where the 5G infrastructure is further ahead], the iPhone 12, especially the larger Pro versions, really sold extremely well.”\n\nServices and innovation\nBut not all is about iPhone sales upside. Dan also mentioned two other important factors that support his bullishness: services and technological innovations.\nOn the former, the analyst believes that this massive segment, which produces $65 billion in revenues per year and grows at a pace of 20%-plus, is worth $1.4 trillion. The 20x implied price-to-sales valuation may seem too rich, but less so if one considers the enviable 65% op margins and solid growth prospects.\nRegarding the latter, Dan points out that Apple continues to impress on the technological innovation front – something that has not been left in the rearview mirror, as some skeptics believe. I agree with this take, especially ahead of two likely product launches in the next five years:mixed-reality headsetsandthe Apple Car.\nOn the App Store risk\nI tend to agree with Dan Ives on most of the arguments that he makes about Apple and its stock. However, in my view, he does not seem worried enough about the risks associated with the App Store and the scrutiny around Apple’s highly lucrative app platform.\nDan certainly recognizes the regulatory challenges. However, he sees the consequences leaning more towards fines rather than business model changes. He thinks that the risk to the 30% App Store fee is seen as contained by investors, which seems evident in lack of share price pressures as of late.\nI, on the other hand,believe that the business model changesare already underway. The key question in my mind is not if there will be a negative impact, but to what extent. I believe only time will answer this question with any accuracy, starting with Apple’s fiscal Q4 earnings report and fiscal Q1 guidance to be released in October.\nTwitter speaks\nThe most bullish of Apple analysts thinks that AAPL will be valued at $3 trillion within the next 6 to 9 months. How likely do you think that this price target will materialize within this time frame?","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880327262,"gmtCreate":1631022005556,"gmtModify":1676530444658,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"LikePls&nbsp;","listText":"LikePls&nbsp;","text":"LikePls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880327262","repostId":"1106783631","repostType":4,"repost":{"id":"1106783631","kind":"news","pubTimestamp":1631008393,"share":"https://ttm.financial/m/news/1106783631?lang=&edition=fundamental","pubTime":"2021-09-07 17:53","market":"us","language":"en","title":"SEC Cracks Down On \"Dubious\" ESG Labels Tied To $35 Trillion In Assets","url":"https://stock-news.laohu8.com/highlight/detail?id=1106783631","media":"zerohedge","summary":"If it wasn't already abundantly clear that ESG investing has become one of the hottest investing cra","content":"<p>If it wasn't already abundantly clear that ESG investing has become one of the hottest investing crazes of the new decade, Cathie Wood's announcement earlier this week that she had applied to the SEC for permission to launch an ESG-focused ETF - the fund will exclude alcohol, banking, chemicals, confectionary, tobacco, oil and gambling stocks, among others - should stand as a rather obvious confirmation.</p>\n<p>But as the pace of growth in terms of assets dedicated to \"ESG\" funds started to accelerate, we started to notice that the assets being stuffed into these ESG funds didn't really look all that different from a typical equity fund. Just take a look at a list of the most popular holdings from last year.</p>\n<p><img src=\"https://static.tigerbbs.com/69385b0b114f494e953d69b4558993e6\" tg-width=\"1136\" tg-height=\"831\" referrerpolicy=\"no-referrer\">Now, take a look at the top holdings for ESGG, one of the top ESG-focused ETFs</p>\n<p>Top Carbon-Credit-Seller Launches Internal Probe After Selling \"Worthless\" Offsets To JPMorgan, Disney</p>\n<p><img src=\"https://static.tigerbbs.com/2fe51e23a52b3c25f2b02cc5e36ba76c\" tg-width=\"1280\" tg-height=\"1157\" referrerpolicy=\"no-referrer\">Stocked with blue-chips, these funds don't exactly scream environmentally friendly and socially responsible. One industry insider confirmed as much when he shared a new term:\"green washing\".<b>Since then, we have run at least a half dozen reports about abuses in the ESG space:</b></p>\n<ul>\n <li>The Fraud That Is ESG Strikes Again: Six Of Top 10 ESG Funds Underperform The S&amp;P500</li>\n <li>Behold The \"Green\" Scam: Here Are The Most Popular ESG Fund Holdings</li>\n <li>Nation's Largest ESG Fund Has No Direct Renewable Holdings</li>\n <li>Top Carbon-Credit-Seller Launches Internal Probe After Selling \"Worthless\" Offsets To JPMorgan, Disney</li>\n <li>The ESG Threat</li>\n <li>ESG Investing – The Great Wall Street Money Heist</li>\n <li>The Gigantic Holes In Anti-Oil ESG Activism</li>\n <li>More ESG Fraud: BofA Finds That Tech Is One Of The Dirtiest Industries</li>\n</ul>\n<p>And that's not all. Just days after SEC chief Gary Gensler said the SEC wanted to push asset management firms and banks to come up with more disclosures surrounding ESG funds and investments, Bloomberg is reporting that the SEC has launched yet another investigation to try and ascertain just how much of the $35 trillion ESG industry is stocked with \"dubious\" funds selling assets with little or nothing to qualify them as \"green\".</p>\n<p>For several months now, the SEC has been demanding that money managers explain the standards they use for classifying funds as ESG-focused. The review is the SEC's marks the second time the agency has looked into possible ESG mislabeling since last year, a sign that the issue is \"a priority for the agency and a reason for the industry to worry about a rash of enforcement actions,\" according to Bloomberg. Back in April, the SEC released a report claiming that some investment advisors weren't doing nearly enough to ensure that their ESG \"marketing\" rang true. Some violations were so egregious the SEC said they could be in violation of the law. The industry responded by explaining that these types of standards are difficult to assess because every firm has its own definition of what constitutes ESG.</p>\n<p>Just the other day, the press revealed an investigation launched by German and US authorities (including the SEC) into whether Deutsche's asset-management arm DWS Group exaggerated the environmental credentials of some investment products. The investigation was launched after a former senior executive blew the whistle. While DWS rejected the claims, its shares tumbled on the news.</p>\n<p>Per BBG, the SEC is \"following the money\".</p>\n<blockquote>\n \"It is a real area of scrutiny, particularly as it relates to disclosures,” said Morgan Miller, a partner at law firm Paul Hastings in Washington and a former SEC enforcement attorney.\n</blockquote>\n<p>The SEC is following the money: Few businesses are booming in high finance like sustainable investing, as governments, pension plans and corporations all seek to lower their carbon footprints and be better public citizens. Amid the rush for dollars, more and more ESG insiders have started sounding alarms that a lot of the marketing is hype, a term known in the industry as greenwashing.</p>\n<p>With Hurricane Ida getting people worked up about \"climate change\" once again, we wouldn't be surprised to see billions more flow into ESG funds over the coming weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/d437677edd477e1f2e43c42b3463d5b7\" tg-width=\"1162\" tg-height=\"774\" referrerpolicy=\"no-referrer\"><i>Source:Bloomberg</i></p>\n<p>BBG's sources also claimed that the SEC sent a flurry of letters to investment advisors who were asked to describe \"in painstaking detail\" the process used to ensure assets are worthy of the ESG designation.</p>\n<blockquote>\n Letters that the SEC sent out earlier this year point to some of the agency’s top concerns, said the people who asked not to be named because the correspondence isn’t public.\n</blockquote>\n<blockquote>\n Investment advisers were asked to describe in painstaking detail the screening processes they use to ensure assets are worthy of ESG designations, one of the people said. The SEC also wants to know how firms are grappling with different jurisdictions’ requirements. For instance, Europe has specific standards that money managers must adhere to in making sure assets are green or sustainable. But in the U.S., it’s much murkier.\n</blockquote>\n<blockquote>\n Another SEC query sought information about ESG compliance programs, policies and procedures, a different person said. The SEC additionally asked about statements made by managers in their marketing materials or regulatory filings.\n</blockquote>\n<p>Since March, European money managers have had to disclose the actual ESG features of products being touted. In the U.S., no such mandate exists -- prompting confusion among financial firms and investors alike.</p>\n<p>But that could soon change, as one source told Bloomberg that the SEC's latest probe was bound to turn up some disappointing discoveries.</p>\n<blockquote>\n \"Given the squishiness of what it means to be an ESG investor, I’m suspecting they’re going to find some interesting things,\" Phillip Gillespie, a senior counsel at WilmerHale in Boston, said of the SEC.\n</blockquote>\n<p>With regulators in both the US and Europe closing in, the ESG bubble is likely bound to end in a similar manner to the asset bubbles that came before, like the tech bubble, the biotech bubble, etc.: with a brutal crash as investors realize that ESG's promise to save the world while generating alpha is hollow marketing babble, not a viable vision for their investments.</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>SEC Cracks Down On \"Dubious\" ESG Labels Tied To $35 Trillion In Assets</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\">\nSEC Cracks Down On \"Dubious\" ESG Labels Tied To $35 Trillion In Assets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 17:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/sec-cracks-down-dubious-esg-labels-tied-35-trillion-assets><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If it wasn't already abundantly clear that ESG investing has become one of the hottest investing crazes of the new decade, Cathie Wood's announcement earlier this week that she had applied to the SEC ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/sec-cracks-down-dubious-esg-labels-tied-35-trillion-assets\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/sec-cracks-down-dubious-esg-labels-tied-35-trillion-assets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106783631","content_text":"If it wasn't already abundantly clear that ESG investing has become one of the hottest investing crazes of the new decade, Cathie Wood's announcement earlier this week that she had applied to the SEC for permission to launch an ESG-focused ETF - the fund will exclude alcohol, banking, chemicals, confectionary, tobacco, oil and gambling stocks, among others - should stand as a rather obvious confirmation.\nBut as the pace of growth in terms of assets dedicated to \"ESG\" funds started to accelerate, we started to notice that the assets being stuffed into these ESG funds didn't really look all that different from a typical equity fund. Just take a look at a list of the most popular holdings from last year.\nNow, take a look at the top holdings for ESGG, one of the top ESG-focused ETFs\nTop Carbon-Credit-Seller Launches Internal Probe After Selling \"Worthless\" Offsets To JPMorgan, Disney\nStocked with blue-chips, these funds don't exactly scream environmentally friendly and socially responsible. One industry insider confirmed as much when he shared a new term:\"green washing\".Since then, we have run at least a half dozen reports about abuses in the ESG space:\n\nThe Fraud That Is ESG Strikes Again: Six Of Top 10 ESG Funds Underperform The S&P500\nBehold The \"Green\" Scam: Here Are The Most Popular ESG Fund Holdings\nNation's Largest ESG Fund Has No Direct Renewable Holdings\nTop Carbon-Credit-Seller Launches Internal Probe After Selling \"Worthless\" Offsets To JPMorgan, Disney\nThe ESG Threat\nESG Investing – The Great Wall Street Money Heist\nThe Gigantic Holes In Anti-Oil ESG Activism\nMore ESG Fraud: BofA Finds That Tech Is One Of The Dirtiest Industries\n\nAnd that's not all. Just days after SEC chief Gary Gensler said the SEC wanted to push asset management firms and banks to come up with more disclosures surrounding ESG funds and investments, Bloomberg is reporting that the SEC has launched yet another investigation to try and ascertain just how much of the $35 trillion ESG industry is stocked with \"dubious\" funds selling assets with little or nothing to qualify them as \"green\".\nFor several months now, the SEC has been demanding that money managers explain the standards they use for classifying funds as ESG-focused. The review is the SEC's marks the second time the agency has looked into possible ESG mislabeling since last year, a sign that the issue is \"a priority for the agency and a reason for the industry to worry about a rash of enforcement actions,\" according to Bloomberg. Back in April, the SEC released a report claiming that some investment advisors weren't doing nearly enough to ensure that their ESG \"marketing\" rang true. Some violations were so egregious the SEC said they could be in violation of the law. The industry responded by explaining that these types of standards are difficult to assess because every firm has its own definition of what constitutes ESG.\nJust the other day, the press revealed an investigation launched by German and US authorities (including the SEC) into whether Deutsche's asset-management arm DWS Group exaggerated the environmental credentials of some investment products. The investigation was launched after a former senior executive blew the whistle. While DWS rejected the claims, its shares tumbled on the news.\nPer BBG, the SEC is \"following the money\".\n\n \"It is a real area of scrutiny, particularly as it relates to disclosures,” said Morgan Miller, a partner at law firm Paul Hastings in Washington and a former SEC enforcement attorney.\n\nThe SEC is following the money: Few businesses are booming in high finance like sustainable investing, as governments, pension plans and corporations all seek to lower their carbon footprints and be better public citizens. Amid the rush for dollars, more and more ESG insiders have started sounding alarms that a lot of the marketing is hype, a term known in the industry as greenwashing.\nWith Hurricane Ida getting people worked up about \"climate change\" once again, we wouldn't be surprised to see billions more flow into ESG funds over the coming weeks.\nSource:Bloomberg\nBBG's sources also claimed that the SEC sent a flurry of letters to investment advisors who were asked to describe \"in painstaking detail\" the process used to ensure assets are worthy of the ESG designation.\n\n Letters that the SEC sent out earlier this year point to some of the agency’s top concerns, said the people who asked not to be named because the correspondence isn’t public.\n\n\n Investment advisers were asked to describe in painstaking detail the screening processes they use to ensure assets are worthy of ESG designations, one of the people said. The SEC also wants to know how firms are grappling with different jurisdictions’ requirements. For instance, Europe has specific standards that money managers must adhere to in making sure assets are green or sustainable. But in the U.S., it’s much murkier.\n\n\n Another SEC query sought information about ESG compliance programs, policies and procedures, a different person said. The SEC additionally asked about statements made by managers in their marketing materials or regulatory filings.\n\nSince March, European money managers have had to disclose the actual ESG features of products being touted. In the U.S., no such mandate exists -- prompting confusion among financial firms and investors alike.\nBut that could soon change, as one source told Bloomberg that the SEC's latest probe was bound to turn up some disappointing discoveries.\n\n \"Given the squishiness of what it means to be an ESG investor, I’m suspecting they’re going to find some interesting things,\" Phillip Gillespie, a senior counsel at WilmerHale in Boston, said of the SEC.\n\nWith regulators in both the US and Europe closing in, the ESG bubble is likely bound to end in a similar manner to the asset bubbles that came before, like the tech bubble, the biotech bubble, etc.: with a brutal crash as investors realize that ESG's promise to save the world while generating alpha is hollow marketing babble, not a viable vision for their investments.","news_type":1},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817636518,"gmtCreate":1630939001134,"gmtModify":1676530425076,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817636518","repostId":"1183504703","repostType":4,"repost":{"id":"1183504703","kind":"news","pubTimestamp":1630932846,"share":"https://ttm.financial/m/news/1183504703?lang=&edition=fundamental","pubTime":"2021-09-06 20:54","market":"us","language":"en","title":"Morgan Stanley: Commodities Find Themselves At The Center Of 2021's Most Important Stories","url":"https://stock-news.laohu8.com/highlight/detail?id=1183504703","media":"zerohedge","summary":"Commodities Tie the Year Together\n2021 has been a harder year for many investors than the headline i","content":"<p><u><b>Commodities Tie the Year Together</b></u></p>\n<p><b>2021 has been a harder year for many investors than the headline indices imply</b>. It’s been a year where ‘ESG’ and ‘Quant’ remain key structural trends in the investment community. And it’s been a year that has seen an almost constant, running debate over the outlook for growth and inflation.&nbsp;Commodities, it just so happens, find themselves at the center of all these stories.</p>\n<p>Let’s start with the challenging year.&nbsp;<b>The casual observer could be forgiven for thinking that 2021 has been a walk in the park, with global equities returning 16% through September 1, with historically low volatility.</b></p>\n<p><b>But under the surface, it’s been hard</b>. It’s been hard in a ‘good’ market like US equities, where major rotations have led to sharp swings in relative performance (US small caps rose +20% through mid-March, and are lower since). And it’s been hard in global equities, where MSCI China has fallen 26% since February 14, while MSCI Europe is up 14% over the same period. Many active managers are lagging their benchmarks.</p>\n<p>Yet quantitatively, it may be an even harder year in rates and FX. We run a&nbsp;Cross-Asset Systematic Trading tool, or CAST, which aims to identify what factors matter for cross-asset performance, and systematically invest based on how those factors look at a given moment. CAST asks “if I do what has historically worked in the market, given current information, what should I do?”.</p>\n<p>Year-to-date, following these historical patterns has led to poorer outcomes in interest rates and FX compared with all other asset classes.&nbsp;Where have historical patterns done better? Commodities. A lot better.</p>\n<p>Investing systematically based on attractive factors (carry, momentum, valuation, supportive fundamentals) has been working better in commodities than any other asset class (credit is second). Why? We have a few theories:</p>\n<ul>\n <li><p>Natural inefficiencies in the commodity market create risk premium.</p></li>\n <li><p>The tendency of commodities to move in longer cycles means that momentum is more effective.</p></li>\n <li><p><b>Central banks aren’t intervening in these markets (and investor flows have been more muted), allowing more ‘normal’ dynamics to play out.</b></p></li>\n</ul>\n<p>Given the prominence of quant and systematic investing as themes in investment management, this is pretty important. To the extent one can, go where these types of strategies are working.</p>\n<p>Commodities also tie into a second big investment theme, ESG.&nbsp;The underlying reality and seriousness of climate change remains constant, and indeed, looks even more pressing following the&nbsp;release from the Intergovernmental Panel on Climate Change (IPCC). Yet while ESG-linked equities have seen pronounced swings in 2021, commodity markets have delivered a far more consistent message.</p>\n<p>The price for&nbsp;EU Carbon emissions, for example (MO1 Comdty), has risen 88% year-to-date. My colleague Robert Pulleyn has been bullish on the belief that a higher price on emissions is essential to meet the EU’s climate goals. Near term, he sees the risk of a decline given recent gains, before prices resume their upward trend toward €102/ton by 2027 (see&nbsp;Utilities: Carbon: Softness Risk Ahead? Before Upwards March Resumes, August 9, 2021).</p>\n<p>Wait, you might say. If commodity markets are so focused on the realities of climate change, why are oil prices higher this year, not lower? Again, we think the market is actually pretty rational. Shareholder pressure and the threat of future EV adoption is causing oil producers to dramatically reduce their capex plans, a development that my colleague Martijn Rats believes will help limit supply and keep prices elevated (see&nbsp;Podcast | Thoughts on the Market: The Curious Case of Norway, EVs and Oil, September 2, 2021).</p>\n<p>ESG and systematic investing are major industry themes. 2021 being harder than the headline indices suggest is something we’re all aware of. But the biggest story of the year is&nbsp;the debate around growth and inflation. What, it seems fair to say, do commodities have to say about that?</p>\n<p>While commodity prices are often synonymous with inflation, our forecasts suggest they’ll now play a smaller role. The biggest downside risk to prices is likely to come from core goods (where demand has been well-above trend), while the biggest risk to the upside is likely to come from rental growth (which is a large share of the basket, and strong). Nonetheless,<b>recent stabilization in commodity prices should reinforce the transitory nature of headline inflation, which our economists expect to moderate into mid-2022</b>.</p>\n<p>On the growth debate, however, commodities are front and center.<b>Our economists see a 3Q slowdown in both the&nbsp;US&nbsp;and&nbsp;China</b>(but not Europe, which is a story for another time). Copper prices and the CRB RIND index, two key harbingers of cyclical strength, remain high, consistent with a view that this economic weakness will be temporary.</p>\n<p><img src=\"https://static.tigerbbs.com/addcaef8407fdc8cf9f4efb87956bf0d\" tg-width=\"1258\" tg-height=\"650\" width=\"100%\" height=\"auto\"></p>\n<p>We’ll be watching the resilience of these indicators as August data, reported in September, may look poor, and test the market's resolve.</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>Morgan Stanley: Commodities Find Themselves At The Center Of 2021's Most Important Stories</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\">\nMorgan Stanley: Commodities Find Themselves At The Center Of 2021's Most Important Stories\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 20:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/morgan-stanley-commodities-find-themselves-center-all-2021s-most-important-stories><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Commodities Tie the Year Together\n2021 has been a harder year for many investors than the headline indices imply. It’s been a year where ‘ESG’ and ‘Quant’ remain key structural trends in the ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/morgan-stanley-commodities-find-themselves-center-all-2021s-most-important-stories\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-commodities-find-themselves-center-all-2021s-most-important-stories","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183504703","content_text":"Commodities Tie the Year Together\n2021 has been a harder year for many investors than the headline indices imply. It’s been a year where ‘ESG’ and ‘Quant’ remain key structural trends in the investment community. And it’s been a year that has seen an almost constant, running debate over the outlook for growth and inflation. Commodities, it just so happens, find themselves at the center of all these stories.\nLet’s start with the challenging year. The casual observer could be forgiven for thinking that 2021 has been a walk in the park, with global equities returning 16% through September 1, with historically low volatility.\nBut under the surface, it’s been hard. It’s been hard in a ‘good’ market like US equities, where major rotations have led to sharp swings in relative performance (US small caps rose +20% through mid-March, and are lower since). And it’s been hard in global equities, where MSCI China has fallen 26% since February 14, while MSCI Europe is up 14% over the same period. Many active managers are lagging their benchmarks.\nYet quantitatively, it may be an even harder year in rates and FX. We run a Cross-Asset Systematic Trading tool, or CAST, which aims to identify what factors matter for cross-asset performance, and systematically invest based on how those factors look at a given moment. CAST asks “if I do what has historically worked in the market, given current information, what should I do?”.\nYear-to-date, following these historical patterns has led to poorer outcomes in interest rates and FX compared with all other asset classes. Where have historical patterns done better? Commodities. A lot better.\nInvesting systematically based on attractive factors (carry, momentum, valuation, supportive fundamentals) has been working better in commodities than any other asset class (credit is second). Why? We have a few theories:\n\nNatural inefficiencies in the commodity market create risk premium.\nThe tendency of commodities to move in longer cycles means that momentum is more effective.\nCentral banks aren’t intervening in these markets (and investor flows have been more muted), allowing more ‘normal’ dynamics to play out.\n\nGiven the prominence of quant and systematic investing as themes in investment management, this is pretty important. To the extent one can, go where these types of strategies are working.\nCommodities also tie into a second big investment theme, ESG. The underlying reality and seriousness of climate change remains constant, and indeed, looks even more pressing following the release from the Intergovernmental Panel on Climate Change (IPCC). Yet while ESG-linked equities have seen pronounced swings in 2021, commodity markets have delivered a far more consistent message.\nThe price for EU Carbon emissions, for example (MO1 Comdty), has risen 88% year-to-date. My colleague Robert Pulleyn has been bullish on the belief that a higher price on emissions is essential to meet the EU’s climate goals. Near term, he sees the risk of a decline given recent gains, before prices resume their upward trend toward €102/ton by 2027 (see Utilities: Carbon: Softness Risk Ahead? Before Upwards March Resumes, August 9, 2021).\nWait, you might say. If commodity markets are so focused on the realities of climate change, why are oil prices higher this year, not lower? Again, we think the market is actually pretty rational. Shareholder pressure and the threat of future EV adoption is causing oil producers to dramatically reduce their capex plans, a development that my colleague Martijn Rats believes will help limit supply and keep prices elevated (see Podcast | Thoughts on the Market: The Curious Case of Norway, EVs and Oil, September 2, 2021).\nESG and systematic investing are major industry themes. 2021 being harder than the headline indices suggest is something we’re all aware of. But the biggest story of the year is the debate around growth and inflation. What, it seems fair to say, do commodities have to say about that?\nWhile commodity prices are often synonymous with inflation, our forecasts suggest they’ll now play a smaller role. The biggest downside risk to prices is likely to come from core goods (where demand has been well-above trend), while the biggest risk to the upside is likely to come from rental growth (which is a large share of the basket, and strong). Nonetheless,recent stabilization in commodity prices should reinforce the transitory nature of headline inflation, which our economists expect to moderate into mid-2022.\nOn the growth debate, however, commodities are front and center.Our economists see a 3Q slowdown in both the US and China(but not Europe, which is a story for another time). Copper prices and the CRB RIND index, two key harbingers of cyclical strength, remain high, consistent with a view that this economic weakness will be temporary.\n\nWe’ll be watching the resilience of these indicators as August data, reported in September, may look poor, and test the market's resolve.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814622519,"gmtCreate":1630814723731,"gmtModify":1676530400048,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814622519","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://ttm.financial/m/news/1157895022?lang=&edition=fundamental","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","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>Beat the market with this quant system that’s very bullish on stocks at record highs</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815251649,"gmtCreate":1630682408081,"gmtModify":1676530376417,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815251649","repostId":"1189766406","repostType":4,"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812674430,"gmtCreate":1630588067720,"gmtModify":1676530348151,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812674430","repostId":"2164984716","repostType":4,"repost":{"id":"2164984716","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":1630587743,"share":"https://ttm.financial/m/news/2164984716?lang=&edition=fundamental","pubTime":"2021-09-02 21:02","market":"sh","language":"en","title":"Xi says China to set up stock exchange in Beijing","url":"https://stock-news.laohu8.com/highlight/detail?id=2164984716","media":"Reuters","summary":"BEIJING, Sept 2 (Reuters) - China's President Xi Jinping on Thursday said the country would set up a","content":"<p>BEIJING, Sept 2 (Reuters) - China's President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized companies.</p>\n<p>Mainland China's two major stock exchanges are in the financial hub of Shanghai and in the southern city of Shenzhen, on the mainland's border with Hong Kong.</p>\n<p>\"We will continue to support the innovation-driven development of small and medium-sized enterprises by deepening the reform of the New Third Board and setting up the Beijing Stock Exchange as the primary platform serving innovation-oriented SMEs,\" Xi said in a video address at the opening of the China International Fair for Trade in Services (CIFTIS).</p>\n<p>Reuters reported in March that China was considering establishing a bourse to attract overseas-listed companies and bolster the global status of its onshore share markets, citing sources with knowledge of the matter.</p>\n<p>The sources said then that upgrading Beijing's existing equity exchange for small and mid-sized firms, known as the New Third Board, was among the options being discussed.</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>Xi says China to set up stock exchange in Beijing</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{ 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}\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\">\nXi says China to set up stock exchange in Beijing\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\">2021-09-02 21:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Sept 2 (Reuters) - China's President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized companies.</p>\n<p>Mainland China's two major stock exchanges are in the financial hub of Shanghai and in the southern city of Shenzhen, on the mainland's border with Hong Kong.</p>\n<p>\"We will continue to support the innovation-driven development of small and medium-sized enterprises by deepening the reform of the New Third Board and setting up the Beijing Stock Exchange as the primary platform serving innovation-oriented SMEs,\" Xi said in a video address at the opening of the China International Fair for Trade in Services (CIFTIS).</p>\n<p>Reuters reported in March that China was considering establishing a bourse to attract overseas-listed companies and bolster the global status of its onshore share markets, citing sources with knowledge of the matter.</p>\n<p>The sources said then that upgrading Beijing's existing equity exchange for small and mid-sized firms, known as the New Third Board, was among the options being discussed.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164984716","content_text":"BEIJING, Sept 2 (Reuters) - China's President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized companies.\nMainland China's two major stock exchanges are in the financial hub of Shanghai and in the southern city of Shenzhen, on the mainland's border with Hong Kong.\n\"We will continue to support the innovation-driven development of small and medium-sized enterprises by deepening the reform of the New Third Board and setting up the Beijing Stock Exchange as the primary platform serving innovation-oriented SMEs,\" Xi said in a video address at the opening of the China International Fair for Trade in Services (CIFTIS).\nReuters reported in March that China was considering establishing a bourse to attract overseas-listed companies and bolster the global status of its onshore share markets, citing sources with knowledge of the matter.\nThe sources said then that upgrading Beijing's existing equity exchange for small and mid-sized firms, known as the New Third Board, was among the options being discussed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816236749,"gmtCreate":1630503250481,"gmtModify":1676530322085,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/816236749","repostId":"1167796919","repostType":4,"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811502803,"gmtCreate":1630330813002,"gmtModify":1676530271208,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"LikePls&nbsp;","listText":"LikePls&nbsp;","text":"LikePls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/811502803","repostId":"1132801475","repostType":4,"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":144705678,"gmtCreate":1626312964994,"gmtModify":1703757634682,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/144705678","repostId":"1192600062","repostType":4,"repost":{"id":"1192600062","kind":"news","pubTimestamp":1626312669,"share":"https://ttm.financial/m/news/1192600062?lang=&edition=fundamental","pubTime":"2021-07-15 09:31","market":"us","language":"en","title":"Fed Chair Powell hints on digital dollar timing","url":"https://stock-news.laohu8.com/highlight/detail?id=1192600062","media":"Fox Business","summary":"Powell said the central bank is working hard on the report.","content":"<blockquote>\n Powell said the central bank is working hard on the report.\n</blockquote>\n<ul>\n <li><b>Stocks mixed after Fed Chair Powell eases taper fears.</b>&nbsp;Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell's remarks.</li>\n</ul>\n<p>Federal Reserve Chairman&nbsp;Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.</p>\n<p>\"We expect to publish a report around – could be early September, plus or minus, in that timeframe,\" Powell said in testimony before the U.S. House of Representatives Financial Services. \"We’re working hard on it right now.\"</p>\n<p>The report will address digital payments broadly, including items like stablecoins and crypto assets, which Powell said are at a \"critical point in terms of the appropriate regulation.\"</p>\n<p>Stablecoins refer to a digital currency that ties its market value to an outside asset, like the U.S. dollar, for price stabilization.</p>\n<p>In the case of a central bank digital currency, Powell said officials are working on laying out questions for the public to respond to.</p>\n<p>\"We want to begin really a major public consultation across many different groups, including Congress of course,\" Powell said.</p>\n<p>The report will also address the benefits and drawbacks, including a lessened need for multiple alternative forms of cryptocurrencies that could create risk.</p>\n<p>\"Particularly, you wouldn’t need stablecoins, you wouldn’t need cryptocurrencies if you had a digital U.S. currency - I think that’s one of the stronger arguments in its favor,\" Powell said.</p>\n<p>The Fed chair indicated there was still a lot of work left to do on both the technical and policy sides.</p>\n<p>He said the U.S. was not in danger of losing its role as the world’s reserve currency, which offered an advantage as it worked toward a digital dollar.</p>\n<p>\"We have first mover advantage by virtue of that,\" Powell said. \"So I think it’s way more important to get it right than it is to do it fast.\"</p>\n<p>Federal Reserve Governor Lael Brainard said in May that the Federal Reserve was increasing its engagement in the research and development of a digital version of the U.S. dollar.</p>","source":"lsy1602566126337","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>Fed Chair Powell hints on digital dollar timing</title>\n<style 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}\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\">\nFed Chair Powell hints on digital dollar timing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 09:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.foxbusiness.com/economy/fed-chair-powell-hints-on-digital-dollar-timing><strong>Fox Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Powell said the central bank is working hard on the report.\n\n\nStocks mixed after Fed Chair Powell eases taper fears. Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset ...</p>\n\n<a href=\"https://www.foxbusiness.com/economy/fed-chair-powell-hints-on-digital-dollar-timing\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.foxbusiness.com/economy/fed-chair-powell-hints-on-digital-dollar-timing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192600062","content_text":"Powell said the central bank is working hard on the report.\n\n\nStocks mixed after Fed Chair Powell eases taper fears. Slatestone Wealth Chief Market Strategist Kenny Polcari, Ladenburg Thalmann Asset Management CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the state of the economy and Fed Chair Jerome Powell's remarks.\n\nFederal Reserve Chairman Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.\n\"We expect to publish a report around – could be early September, plus or minus, in that timeframe,\" Powell said in testimony before the U.S. House of Representatives Financial Services. \"We’re working hard on it right now.\"\nThe report will address digital payments broadly, including items like stablecoins and crypto assets, which Powell said are at a \"critical point in terms of the appropriate regulation.\"\nStablecoins refer to a digital currency that ties its market value to an outside asset, like the U.S. dollar, for price stabilization.\nIn the case of a central bank digital currency, Powell said officials are working on laying out questions for the public to respond to.\n\"We want to begin really a major public consultation across many different groups, including Congress of course,\" Powell said.\nThe report will also address the benefits and drawbacks, including a lessened need for multiple alternative forms of cryptocurrencies that could create risk.\n\"Particularly, you wouldn’t need stablecoins, you wouldn’t need cryptocurrencies if you had a digital U.S. currency - I think that’s one of the stronger arguments in its favor,\" Powell said.\nThe Fed chair indicated there was still a lot of work left to do on both the technical and policy sides.\nHe said the U.S. was not in danger of losing its role as the world’s reserve currency, which offered an advantage as it worked toward a digital dollar.\n\"We have first mover advantage by virtue of that,\" Powell said. \"So I think it’s way more important to get it right than it is to do it fast.\"\nFederal Reserve Governor Lael Brainard said in May that the Federal Reserve was increasing its engagement in the research and development of a digital version of the U.S. dollar.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167951314,"gmtCreate":1624243790738,"gmtModify":1703831401233,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like back pls","listText":"Like back pls","text":"Like back pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/167951314","repostId":"1135860567","repostType":4,"repost":{"id":"1135860567","kind":"news","pubTimestamp":1624243350,"share":"https://ttm.financial/m/news/1135860567?lang=&edition=fundamental","pubTime":"2021-06-21 10:42","market":"us","language":"en","title":"Troubled Companies Take Page From AMC Playbook in Seeking Stock-Market Lifelines","url":"https://stock-news.laohu8.com/highlight/detail?id=1135860567","media":"WSJ","summary":"The frenzied stock-buying activity that may have saved AMC Entertainment Holdings Inc.from bankruptcy is opening up a potential escape hatch for other troubled borrowers as well.More companies with steep financial challenges are seeking a lifeline from equity markets, eager to capitalize on thesurge of interest in stock buyingfrom nonprofessional investors. Earlier this month, coal miner Peabody Energy Corp.,offshore drilling contractor Transocean Ltd.and retailer Express Inc.,all announced plan","content":"<p>The frenzied stock-buying activity that may have saved&nbsp;AMC Entertainment Holdings Inc.from bankruptcy is opening up a potential escape hatch for other troubled borrowers as well.</p>\n<p>More companies with steep financial challenges are seeking a lifeline from equity markets, eager to capitalize on thesurge of interest in stock buyingfrom nonprofessional investors. Earlier this month, coal miner&nbsp;Peabody Energy Corp.,offshore drilling contractor&nbsp;Transocean Ltd.and retailer&nbsp;Express Inc.,all announced plans to sell stock, betting equity markets will support them despite heavy debt loads, recent losses and industry headwinds.</p>\n<p>Selling stock isn’t the typical way for distressed companies to grab a lifeline. More often, they are forced to seek out rescue loans, sell off assets or pursue a merger, which can be difficult because of their existing debt.</p>\n<p>But equity markets now are more open to supporting troubled issuers, in large part because of risk-hungry individual investors eager to speculate, according to bankers and investors following the trend.</p>\n<p>The planned equity sales, if successful, mark another way nonprofessional investors have reshaped financial markets since they began to demonstrate their collective power last year,creating opportunitiesfor finance executives in the process.</p>\n<p>“It’s a new phenomenon for some of these distressed companies,” said Scott Hartman, partner and co-head of corporate and traded credit at asset manager Värde Partners. “If I were in their seat, it makes a lot of sense to take equity capital when they can.”</p>\n<p>Peabody,Transoceanand Express are seeking to replicate—on a smaller scale—the capital-raising success of AMC, a favorite pick of individual investors who gather in online investing forums such as Reddit’s WallStreetBets.</p>\n<p>AMC raised $2.2 billionthrough several stock salesduring the pandemic, largely to an enthusiastic following of day traders, despite warnings it was at risk of bankruptcy.</p>\n<p>It is difficult to classify even a highly leveraged company as distressed when its access to equity is “seemingly infinite,” said Andy Moore, chief executive of B. Riley Securities Inc. His firm is acting as sales agent for Peabody, which earlier this month kicked off an effort to sell up to 12.5 million shares through an “at-the-market” offering. In such offerings, companies sell shares bit-by-bit at market prices in a manner that is accessible to individual investors as well as institutional ones.</p>\n<p>Since exiting bankruptcy in 2017, Peabody has faced difficulties as utilities rely less on coal, and it restructured debt in February to avert a default. The company’s bonds trade at discounts of between 69 and 78 cents on the dollar, indicating market doubts they will be fully repaid. It reported an $80 million net loss in the first quarter amid continued weak conditions for the coal industry.</p>\n<p>Express, the apparel retailer, borrowed money from private-equity firm Sycamore Partners in January to stockpile cash for surviving the pandemic. Then the company launched an ATM stock sale earlier this month, aiming to sell up to 15 million new shares, despite reporting a loss of $405 million for the last fiscal year as a result of the pandemic and its impact on shopping.</p>\n<p>On Tuesday, offshore drillerTransoceanjoined in with an offering of up to $400 million in shares despite a junk credit rating, more than $7 billion in debt, andongoing creditor litigationover its restructuring efforts last year.</p>\n<p>Peabody and Express didn’t respond to requests for comment. Transocean referred inquiries to its securities filings.</p>\n<p>Jamie Zimmerman, founder and CEO of hedge-fund manager Litespeed Management LLC, said that some troubled companies may be unable to raise new debt, and selling stock may be their only path to obtain financing.</p>\n<p>“You don’t get unless you ask,” said Dan Zwirn, founder and chief executive of asset manager Arena Investors LP. “If I’m structurally insolvent and can’t refinance myself into extending the life of the enterprise, I might as well take this shot.”</p>\n<p>“With this infusion of retail people, there are more counterparties for such a transaction,” Mr. Zwirn added.</p>\n<p>Inflows of capital from individual investors, some using money from federal stimulus funds to open trading accounts, have buoyed the broader stock market, driving gains of more than10% year-to-datefor the Dow Jones Industrial Average and Nasdaq Composite Index.</p>\n<p>Individual investors’ share of overall U.S. equities trading volume rose last year to roughly double what it was a decade before andcontinues to grow. At times, their bets on beaten-down stocks havebeat out institutional investors.</p>\n<p>Howard Fischer, a securities lawyer with Moses &amp; Singer LLP, said that the underlying economic health now seems less important than the unbridled enthusiasm of individual investors, even if that enthusiasm is divorced from any rational economic analysis.</p>\n<p>Hertz Global Holdings Inc.tried to ride a wave of interest from retail traders to finance itself last year while it was under bankruptcy protection, and ended up scrapping the effort under pressure from the Securities and Exchange Commission.</p>\n<p>The bullish individual investors who bet on the business shortly after it filed for chapter 11 were vindicated when Hertz found buyers agreeing to pay up to $8 a share in value.</p>\n<p>Adi Habbu, a director on the credit trading desk atBarclays PLC,said widespread bullishness in equity markets goes beyond retail traders, and is fueled by the economic recovery and the easing of pandemic restrictions.</p>\n<p>“It’s certainly not a bad time to try,” he said. “The core trend is that there is positive reopening sentiment that is driven not just by retail but by institutional players as well.”</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>Troubled Companies Take Page From AMC Playbook in Seeking Stock-Market Lifelines</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\">\nTroubled Companies Take Page From AMC Playbook in Seeking Stock-Market Lifelines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 10:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/troubled-companies-take-page-from-amc-playbook-in-seeking-stock-market-lifelines-11624190402?mod=markets_lead_pos6><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The frenzied stock-buying activity that may have saved AMC Entertainment Holdings Inc.from bankruptcy is opening up a potential escape hatch for other troubled borrowers as well.\nMore companies with ...</p>\n\n<a href=\"https://www.wsj.com/articles/troubled-companies-take-page-from-amc-playbook-in-seeking-stock-market-lifelines-11624190402?mod=markets_lead_pos6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIG":"Transocean Ltd.","EXPR":"Express, Inc.","AMC":"AMC院线","BTU":"Peabody"},"source_url":"https://www.wsj.com/articles/troubled-companies-take-page-from-amc-playbook-in-seeking-stock-market-lifelines-11624190402?mod=markets_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135860567","content_text":"The frenzied stock-buying activity that may have saved AMC Entertainment Holdings Inc.from bankruptcy is opening up a potential escape hatch for other troubled borrowers as well.\nMore companies with steep financial challenges are seeking a lifeline from equity markets, eager to capitalize on thesurge of interest in stock buyingfrom nonprofessional investors. Earlier this month, coal miner Peabody Energy Corp.,offshore drilling contractor Transocean Ltd.and retailer Express Inc.,all announced plans to sell stock, betting equity markets will support them despite heavy debt loads, recent losses and industry headwinds.\nSelling stock isn’t the typical way for distressed companies to grab a lifeline. More often, they are forced to seek out rescue loans, sell off assets or pursue a merger, which can be difficult because of their existing debt.\nBut equity markets now are more open to supporting troubled issuers, in large part because of risk-hungry individual investors eager to speculate, according to bankers and investors following the trend.\nThe planned equity sales, if successful, mark another way nonprofessional investors have reshaped financial markets since they began to demonstrate their collective power last year,creating opportunitiesfor finance executives in the process.\n“It’s a new phenomenon for some of these distressed companies,” said Scott Hartman, partner and co-head of corporate and traded credit at asset manager Värde Partners. “If I were in their seat, it makes a lot of sense to take equity capital when they can.”\nPeabody,Transoceanand Express are seeking to replicate—on a smaller scale—the capital-raising success of AMC, a favorite pick of individual investors who gather in online investing forums such as Reddit’s WallStreetBets.\nAMC raised $2.2 billionthrough several stock salesduring the pandemic, largely to an enthusiastic following of day traders, despite warnings it was at risk of bankruptcy.\nIt is difficult to classify even a highly leveraged company as distressed when its access to equity is “seemingly infinite,” said Andy Moore, chief executive of B. Riley Securities Inc. His firm is acting as sales agent for Peabody, which earlier this month kicked off an effort to sell up to 12.5 million shares through an “at-the-market” offering. In such offerings, companies sell shares bit-by-bit at market prices in a manner that is accessible to individual investors as well as institutional ones.\nSince exiting bankruptcy in 2017, Peabody has faced difficulties as utilities rely less on coal, and it restructured debt in February to avert a default. The company’s bonds trade at discounts of between 69 and 78 cents on the dollar, indicating market doubts they will be fully repaid. It reported an $80 million net loss in the first quarter amid continued weak conditions for the coal industry.\nExpress, the apparel retailer, borrowed money from private-equity firm Sycamore Partners in January to stockpile cash for surviving the pandemic. Then the company launched an ATM stock sale earlier this month, aiming to sell up to 15 million new shares, despite reporting a loss of $405 million for the last fiscal year as a result of the pandemic and its impact on shopping.\nOn Tuesday, offshore drillerTransoceanjoined in with an offering of up to $400 million in shares despite a junk credit rating, more than $7 billion in debt, andongoing creditor litigationover its restructuring efforts last year.\nPeabody and Express didn’t respond to requests for comment. Transocean referred inquiries to its securities filings.\nJamie Zimmerman, founder and CEO of hedge-fund manager Litespeed Management LLC, said that some troubled companies may be unable to raise new debt, and selling stock may be their only path to obtain financing.\n“You don’t get unless you ask,” said Dan Zwirn, founder and chief executive of asset manager Arena Investors LP. “If I’m structurally insolvent and can’t refinance myself into extending the life of the enterprise, I might as well take this shot.”\n“With this infusion of retail people, there are more counterparties for such a transaction,” Mr. Zwirn added.\nInflows of capital from individual investors, some using money from federal stimulus funds to open trading accounts, have buoyed the broader stock market, driving gains of more than10% year-to-datefor the Dow Jones Industrial Average and Nasdaq Composite Index.\nIndividual investors’ share of overall U.S. equities trading volume rose last year to roughly double what it was a decade before andcontinues to grow. At times, their bets on beaten-down stocks havebeat out institutional investors.\nHoward Fischer, a securities lawyer with Moses & Singer LLP, said that the underlying economic health now seems less important than the unbridled enthusiasm of individual investors, even if that enthusiasm is divorced from any rational economic analysis.\nHertz Global Holdings Inc.tried to ride a wave of interest from retail traders to finance itself last year while it was under bankruptcy protection, and ended up scrapping the effort under pressure from the Securities and Exchange Commission.\nThe bullish individual investors who bet on the business shortly after it filed for chapter 11 were vindicated when Hertz found buyers agreeing to pay up to $8 a share in value.\nAdi Habbu, a director on the credit trading desk atBarclays PLC,said widespread bullishness in equity markets goes beyond retail traders, and is fueled by the economic recovery and the easing of pandemic restrictions.\n“It’s certainly not a bad time to try,” he said. “The core trend is that there is positive reopening sentiment that is driven not just by retail but by institutional players as well.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581624195250448","authorId":"3581624195250448","name":"Kay_L","avatar":"https://static.tigerbbs.com/1431dc74aab1ee15ba12ca9b2c6f7071","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581624195250448","authorIdStr":"3581624195250448"},"content":"like for me plz.","text":"like for me plz.","html":"like for me plz."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837646377,"gmtCreate":1629887439999,"gmtModify":1676530162645,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"LikePls","listText":"LikePls","text":"LikePls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/837646377","repostId":"1191521528","repostType":4,"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892440468,"gmtCreate":1628686320154,"gmtModify":1676529820551,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/892440468","repostId":"2158128180","repostType":4,"repost":{"id":"2158128180","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":1628684702,"share":"https://ttm.financial/m/news/2158128180?lang=&edition=fundamental","pubTime":"2021-08-11 20:25","market":"us","language":"en","title":"EV charging network ChargePoint acquires ViriCiti for $87.9 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2158128180","media":"Reuters","summary":"Aug 11 (Reuters) - U.S. electric vehicle charging company ChargePoint said on Wednesday it has acqui","content":"<p>Aug 11 (Reuters) - U.S. electric vehicle charging company ChargePoint said on Wednesday it has acquired ViriCiti, a provider of electrification solutions for eBus and commercial fleets, for about 75 million euros ($87.86 million) to expand its operations into Europe.</p>\n<p>Amsterdam-based ViriCiti is ChargePoint's second acquisition in the European market, and comes less than a month after it agreed to acquire operating software firm has.to.be.</p>\n<p>\"The future of fleets is electric, and integrating charging solutions with the many business systems already in place in today's depots is essential to successful electrification,\" said ChargePoint Chief Executive Officer Pasquale Romano.</p>\n<p>With EV sales getting a boost, companies like ChargePoint are investing more to expand their footholds into new markets.</p>\n<p>Earlier in July, the European Union unveiled a policy package to combat climate change and bring down emissions, with spending on charging infrastructure expected to be 80-120 billion euros by 2040.</p>\n<p>The current $1 trillion bipartisan infrastructure bill under consideration has $7.5 billion in EV charging infrastructure funding. U.S. President Joe Biden in March also called for $174 billion in total spending on electric vehicles, including $100 billion in consumer incentives and $15 billion to build 500,000 EV charging stations.</p>\n<p>Founded in 2012, ViriCiti has more than 50 employees in Netherlands and the United States, while its customers include Berlin's municipal transport service Berliner Verkehrsbetriebe, U.S.-based bus maker Gillig and Deutsche Bahn owned transportation company Arriva.</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>EV charging network ChargePoint acquires ViriCiti for $87.9 million</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\">\nEV charging network ChargePoint acquires ViriCiti for $87.9 million\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\">2021-08-11 20:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Aug 11 (Reuters) - U.S. electric vehicle charging company ChargePoint said on Wednesday it has acquired ViriCiti, a provider of electrification solutions for eBus and commercial fleets, for about 75 million euros ($87.86 million) to expand its operations into Europe.</p>\n<p>Amsterdam-based ViriCiti is ChargePoint's second acquisition in the European market, and comes less than a month after it agreed to acquire operating software firm has.to.be.</p>\n<p>\"The future of fleets is electric, and integrating charging solutions with the many business systems already in place in today's depots is essential to successful electrification,\" said ChargePoint Chief Executive Officer Pasquale Romano.</p>\n<p>With EV sales getting a boost, companies like ChargePoint are investing more to expand their footholds into new markets.</p>\n<p>Earlier in July, the European Union unveiled a policy package to combat climate change and bring down emissions, with spending on charging infrastructure expected to be 80-120 billion euros by 2040.</p>\n<p>The current $1 trillion bipartisan infrastructure bill under consideration has $7.5 billion in EV charging infrastructure funding. U.S. President Joe Biden in March also called for $174 billion in total spending on electric vehicles, including $100 billion in consumer incentives and $15 billion to build 500,000 EV charging stations.</p>\n<p>Founded in 2012, ViriCiti has more than 50 employees in Netherlands and the United States, while its customers include Berlin's municipal transport service Berliner Verkehrsbetriebe, U.S.-based bus maker Gillig and Deutsche Bahn owned transportation company Arriva.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHPT":"ChargePoint Holdings Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158128180","content_text":"Aug 11 (Reuters) - U.S. electric vehicle charging company ChargePoint said on Wednesday it has acquired ViriCiti, a provider of electrification solutions for eBus and commercial fleets, for about 75 million euros ($87.86 million) to expand its operations into Europe.\nAmsterdam-based ViriCiti is ChargePoint's second acquisition in the European market, and comes less than a month after it agreed to acquire operating software firm has.to.be.\n\"The future of fleets is electric, and integrating charging solutions with the many business systems already in place in today's depots is essential to successful electrification,\" said ChargePoint Chief Executive Officer Pasquale Romano.\nWith EV sales getting a boost, companies like ChargePoint are investing more to expand their footholds into new markets.\nEarlier in July, the European Union unveiled a policy package to combat climate change and bring down emissions, with spending on charging infrastructure expected to be 80-120 billion euros by 2040.\nThe current $1 trillion bipartisan infrastructure bill under consideration has $7.5 billion in EV charging infrastructure funding. U.S. President Joe Biden in March also called for $174 billion in total spending on electric vehicles, including $100 billion in consumer incentives and $15 billion to build 500,000 EV charging stations.\nFounded in 2012, ViriCiti has more than 50 employees in Netherlands and the United States, while its customers include Berlin's municipal transport service Berliner Verkehrsbetriebe, U.S.-based bus maker Gillig and Deutsche Bahn owned transportation company Arriva.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3564565270877568","authorId":"3564565270877568","name":"PS153","avatar":"https://static.tigerbbs.com/2e185e8aa9ee6ee618f951b9141b9e40","crmLevel":3,"crmLevelSwitch":0,"idStr":"3564565270877568","authorIdStr":"3564565270877568"},"content":"good news","text":"good news","html":"good news"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898534705,"gmtCreate":1628508917907,"gmtModify":1703507266309,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/898534705","repostId":"1122651143","repostType":4,"repost":{"id":"1122651143","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":1628508488,"share":"https://ttm.financial/m/news/1122651143?lang=&edition=fundamental","pubTime":"2021-08-09 19:28","market":"us","language":"en","title":"Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.","url":"https://stock-news.laohu8.com/highlight/detail?id=1122651143","media":"Tiger Newspress","summary":"Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more tha","content":"<p>Crypto&nbsp;sector&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;premarket&nbsp;trading,BTCM&nbsp;shares&nbsp;jumped&nbsp;more&nbsp;than&nbsp;30%,BITF&nbsp;surged&nbsp;more&nbsp;than&nbsp;20%.</p>\n<p><img src=\"https://static.tigerbbs.com/9ece56572cf91d8de69991add19a22f4\" tg-width=\"1287\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Investors in stock trading platforms are citing the momentum in cryptocurrencies as being the driving force for the stock price increase. The price of the Bitcoin cryptocurrency is up more than 9% over the past week. And Ethereum is up more than 12% over the past week.</p>\n<p>Late last month, BIT Mining announced it entered into a definitive purchase agreement to buy 2,500 new bitcoin mining machines for a total consideration of approximately US$6.6 million. And when deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by about 165 peta hashes per second (PH/s).</p>\n<p>The acquired machines are expected to be delivered within one week from today. And following delivery, the company plans for them to be shipped to Kazakhstan for deployment.</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>Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged 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\">\nCrypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.\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\">2021-08-09 19:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto&nbsp;sector&nbsp;stocks&nbsp;rose&nbsp;in&nbsp;premarket&nbsp;trading,BTCM&nbsp;shares&nbsp;jumped&nbsp;more&nbsp;than&nbsp;30%,BITF&nbsp;surged&nbsp;more&nbsp;than&nbsp;20%.</p>\n<p><img src=\"https://static.tigerbbs.com/9ece56572cf91d8de69991add19a22f4\" tg-width=\"1287\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Investors in stock trading platforms are citing the momentum in cryptocurrencies as being the driving force for the stock price increase. The price of the Bitcoin cryptocurrency is up more than 9% over the past week. And Ethereum is up more than 12% over the past week.</p>\n<p>Late last month, BIT Mining announced it entered into a definitive purchase agreement to buy 2,500 new bitcoin mining machines for a total consideration of approximately US$6.6 million. And when deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by about 165 peta hashes per second (PH/s).</p>\n<p>The acquired machines are expected to be delivered within one week from today. And following delivery, the company plans for them to be shipped to Kazakhstan for deployment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTCM":"BIT Mining","BITF":"Bitfarms Ltd."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122651143","content_text":"Crypto sector stocks rose in premarket trading,BTCM shares jumped more than 30%,BITF surged more than 20%.\nInvestors in stock trading platforms are citing the momentum in cryptocurrencies as being the driving force for the stock price increase. The price of the Bitcoin cryptocurrency is up more than 9% over the past week. And Ethereum is up more than 12% over the past week.\nLate last month, BIT Mining announced it entered into a definitive purchase agreement to buy 2,500 new bitcoin mining machines for a total consideration of approximately US$6.6 million. And when deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by about 165 peta hashes per second (PH/s).\nThe acquired machines are expected to be delivered within one week from today. And following delivery, the company plans for them to be shipped to Kazakhstan for deployment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881578225,"gmtCreate":1631371661067,"gmtModify":1676530537126,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/881578225","repostId":"1127699574","repostType":4,"repost":{"id":"1127699574","kind":"news","pubTimestamp":1631328152,"share":"https://ttm.financial/m/news/1127699574?lang=&edition=fundamental","pubTime":"2021-09-11 10:42","market":"us","language":"en","title":"BlackBerry Has a Chance at Turning Into a Growth Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1127699574","media":"InvestorPlace","summary":"BB stock could be worth 30% more, assuming the company turns FCF positive next fiscal year","content":"<p><b>Blackberry</b>&nbsp;(NYSE:<b><u>BB</u></b>), the automotive embedded software company, produced positive free cash flow (FCF)&nbsp;of $74 million&nbsp;last fiscal year ending May 31. But its fiscal&nbsp;Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June 24 Q1 results) to $9.56 on Aug. 19. The stock could be near a trough now.</p>\n<p>I still believe that&nbsp;as I wrote on June 4, BB stock could be worth $20.91 per share, assuming its FCF turns positive this year. All eyes will therefore be on its upcoming Sept. 22 fiscal Q2 earnings release. Investors will want to see if revenue is growing and the company achieves positive FCF.</p>\n<p>For example, last quarter ending May 31 revenue fell by 15.5% year-over-year (YOY) from $206 million last year to $174 million this quarter. In fact, it was also down by 17.1% from the prior quarter as well.</p>\n<p>That is almost like a curse for a stock like Blackberry. Investors and analysts want to see positive growth on a steady YoY and quarter-over-quarter (QOQ) basis. This probably explains why the stock fell so much.</p>\n<p><b>Where This Leaves BlackBerry</b></p>\n<p>Last year BlackBerry produced $893 million in revenue, but for this fiscal year ending May 2022 analysts still see lower sales at $781.6 million. However, they also expect a recovery by May 2023 to $954.1 million. But is the market willing to wait until then? That is why the upcoming fiscal Q2 2022 earnings release will be so important. Investors want to see if the company is back on a growth track.</p>\n<p>If it is, then the likelihood that it can produce positive free cash flow for the year will increase, and this will help BB stock recover.</p>\n<p>For example, as I pointed out in my last article, BlackBerry reported FCF during Q4 of $49 million. This was a huge 23.33% of its $210 million in revenue during the quarter. Assuming it can pull off the same thing next year the company could make $222.3 million in FCF that year. That is based on 23.33% of sales of $954.1 million.</p>\n<p>However, to be more conservative let’s assume that it can only make half of that or an 11.5% FCF margin. That lowers its forecast FCF to $109.7 million. Moreover, its present value using a 10% discount rate and a year and a half in the future is 86.68% times this FCF number. That lowers it to $95.1 million.</p>\n<p><b>What BlackBerry Stock Could Be Worth</b></p>\n<p>If we use an FCF yield of between 1% we can calculate the company’s ongoing value. This is calculated by dividing the free cash flow estimates by its FCF yield ratio.</p>\n<p>For example, using $95.1 million in FCF forecast for Blackberry in 2023 brings its value to $9.51 billion. This is 55.7% over today’s market value for Blackberry of $6.109 billion.</p>\n<p>And if we use a 1.5% FCF yield, the target market value falls to $6.34 billion (i.e., $95.1/0.015=$6.34b). That is just 3.78% over today’s price.</p>\n<p>Therefore, BB stock has a target value between 3.78% and 55.7% over today’s price. The average is 29.74%, or basically 30% over today’s price of $10.73. That puts its value at $13.95 per share (estimate rounded to $14).</p>\n<p><b>What to do With BB Stock</b></p>\n<p>Analysts are not very positive about BB stock. For example, seven analysts surveyed by Refinitiv (reported by&nbsp;<i>Yahoo! Finance</i>) have an average target price of $8.36. That implies a potential drop of 22% from today’s price.</p>\n<p>Another survey by&nbsp;<i>TipRanks.com</i>&nbsp;says that four analysts have an&nbsp;average price of $9.50or 11.5% below today’s price. However, nine Wall Street analysts surveyed by&nbsp;<i>Seeking Alpha</i>&nbsp;have an&nbsp;average target of $8.19, or 23.7% below today.</p>\n<p>So the average of all three of these surveys is a price of $8.68, or 19% lower. I would not be too bothered by this though. Analysts have a tendency to raise their price targets after the stock has already risen.</p>\n<p>Enterprising investors who are willing to anticipate more positive results for the year ending May 2023 (and probably before that) could see the stock rise 30% to $13.95 per share.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlackBerry Has a Chance at Turning Into a Growth Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackBerry Has a Chance at Turning Into a Growth Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 10:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in ...</p>\n\n<a href=\"https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://investorplace.com/2021/09/bb-stock-could-turn-around-next-fiscal-year-if-revenue-rebounds-as-analysts-forecast/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127699574","content_text":"Blackberry (NYSE:BB), the automotive embedded software company, produced positive free cash flow (FCF) of $74 million last fiscal year ending May 31. But its fiscal Q1 showed a loss of $35 million in FCF. This didn’t do anything to help BB stock. If fell from a near-term peak of $15.88 on June 3 (before the June 24 Q1 results) to $9.56 on Aug. 19. The stock could be near a trough now.\nI still believe that as I wrote on June 4, BB stock could be worth $20.91 per share, assuming its FCF turns positive this year. All eyes will therefore be on its upcoming Sept. 22 fiscal Q2 earnings release. Investors will want to see if revenue is growing and the company achieves positive FCF.\nFor example, last quarter ending May 31 revenue fell by 15.5% year-over-year (YOY) from $206 million last year to $174 million this quarter. In fact, it was also down by 17.1% from the prior quarter as well.\nThat is almost like a curse for a stock like Blackberry. Investors and analysts want to see positive growth on a steady YoY and quarter-over-quarter (QOQ) basis. This probably explains why the stock fell so much.\nWhere This Leaves BlackBerry\nLast year BlackBerry produced $893 million in revenue, but for this fiscal year ending May 2022 analysts still see lower sales at $781.6 million. However, they also expect a recovery by May 2023 to $954.1 million. But is the market willing to wait until then? That is why the upcoming fiscal Q2 2022 earnings release will be so important. Investors want to see if the company is back on a growth track.\nIf it is, then the likelihood that it can produce positive free cash flow for the year will increase, and this will help BB stock recover.\nFor example, as I pointed out in my last article, BlackBerry reported FCF during Q4 of $49 million. This was a huge 23.33% of its $210 million in revenue during the quarter. Assuming it can pull off the same thing next year the company could make $222.3 million in FCF that year. That is based on 23.33% of sales of $954.1 million.\nHowever, to be more conservative let’s assume that it can only make half of that or an 11.5% FCF margin. That lowers its forecast FCF to $109.7 million. Moreover, its present value using a 10% discount rate and a year and a half in the future is 86.68% times this FCF number. That lowers it to $95.1 million.\nWhat BlackBerry Stock Could Be Worth\nIf we use an FCF yield of between 1% we can calculate the company’s ongoing value. This is calculated by dividing the free cash flow estimates by its FCF yield ratio.\nFor example, using $95.1 million in FCF forecast for Blackberry in 2023 brings its value to $9.51 billion. This is 55.7% over today’s market value for Blackberry of $6.109 billion.\nAnd if we use a 1.5% FCF yield, the target market value falls to $6.34 billion (i.e., $95.1/0.015=$6.34b). That is just 3.78% over today’s price.\nTherefore, BB stock has a target value between 3.78% and 55.7% over today’s price. The average is 29.74%, or basically 30% over today’s price of $10.73. That puts its value at $13.95 per share (estimate rounded to $14).\nWhat to do With BB Stock\nAnalysts are not very positive about BB stock. For example, seven analysts surveyed by Refinitiv (reported by Yahoo! Finance) have an average target price of $8.36. That implies a potential drop of 22% from today’s price.\nAnother survey by TipRanks.com says that four analysts have an average price of $9.50or 11.5% below today’s price. However, nine Wall Street analysts surveyed by Seeking Alpha have an average target of $8.19, or 23.7% below today.\nSo the average of all three of these surveys is a price of $8.68, or 19% lower. I would not be too bothered by this though. Analysts have a tendency to raise their price targets after the stock has already risen.\nEnterprising investors who are willing to anticipate more positive results for the year ending May 2023 (and probably before that) could see the stock rise 30% to $13.95 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811502803,"gmtCreate":1630330813002,"gmtModify":1676530271208,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"LikePls&nbsp;","listText":"LikePls&nbsp;","text":"LikePls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/811502803","repostId":"1132801475","repostType":4,"repost":{"id":"1132801475","kind":"news","pubTimestamp":1630330219,"share":"https://ttm.financial/m/news/1132801475?lang=&edition=fundamental","pubTime":"2021-08-30 21:30","market":"us","language":"en","title":"Water Ways Technologies Reveals Record H1 Sales Of $9.61M, Positive Adjusted EBITDA, Provides Water For Cannabis Cultivation","url":"https://stock-news.laohu8.com/highlight/detail?id=1132801475","media":"Benzinga","summary":"A water irrigation solutions provider Water Ways Technologies Inc.(TSXV:WWT) (OTCPK:WWTIF) disclosed","content":"<p>A water irrigation solutions provider&nbsp;<b>Water Ways Technologies Inc.</b>(TSXV:<a href=\"https://www.benzinga.com/quote/wwt\" target=\"_blank\">WWT</a>) (OTCPK:WWTIF) disclosed its financial results on Monday for the six and three months period ended June 30, 2021.&nbsp; The Toronto-based company reported<b>record sales for the first half of the year, reaching CAD$12.11 million ($9.61 million) up by 73% from CAD$6.98 million</b>in the same period of 2020.</p>\n<p><b>Financial Highlights</b></p>\n<ul>\n <li><b>Record sales for the three-month&nbsp;period ended June 30, 2021, totaling CAD$6.64 million</b>&nbsp;<b>compared to CAD$3.72 million</b>&nbsp;for the three months period ended June 30, 2020, for t<b>otal revenue growth of 78%.</b></li>\n <li><b>EBITDA for the six-month period ended June 30, 2020, reached CAD$832,000 compared to a loss of CAD$112,000</b>for the six months period ended June 30, 2020.</li>\n <li>Non-GAAP EBITDA for the six months period ended June 30, 2020, reached CAD$1,137,000.</li>\n <li><b>Project revenue stream increased substantially to CAD$6.4 million compared to CAD$1.93</b>million for the six months period ended June 30, 2021, and 2020, respectively, for total project revenue growth of 231%.</li>\n <li><b>Sales of Heartnut Grove WWT Inc., the company’s wholly-owned Canadian subsidiary, increased substantially and reached CAD$3.74 million</b>for the six months period ended June 30, 2021, compared to CAD$2.98 million for six months period ended June 30, 2020.</li>\n <li><b>The company installed and delivered the largest contract in its history, in Uzbekistan, resulting in revenue of over CAD$4.05 million.</b></li>\n <li><b>Water Ways completed an oversubscribed private placement of CAD$4.44 mill</b>ion in August 2021.</li>\n</ul>\n<p>\"Our business has experienced dramatic growth on all fronts in the first half of 2021,”<b>Ohad Haber</b>, CEO and chairman of the board of Water Ways stated. “We achieved record H1 sales and accumulated profits in all parts of our business. We also completed an oversubscribed private placement of CAD$4,400,000 which should substantiate our growth for the coming years.\"</p>\n<p><b>Grants to directors and employees</b></p>\n<p>Water Ways also revealed that it had&nbsp;<b>granted 1.56 million stock options to directors and employees pursuant to the terms of the company’s stock option plan</b>. Of this amount, 7<b>00,000 participant options were granted to director</b>s and will vest immediately<b>. The remaining 860,000 participant options were granted to employees</b>&nbsp;and will also vest immediately. All Participant Options shall have&nbsp;<b>an exercise price of CAD$0.195</b>&nbsp;and&nbsp;<b>will expire 5 years</b>&nbsp;after their grant.</p>\n<p>In addition, the company granted 3.04 million restricted share units to directors and employees pursuant to the terms of the company’s RSU plan.</p>\n<p><b>About Water Ways Technologies</b></p>\n<p>Water Ways Technologies Inc., through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Its irrigation projects include vineyards, cotton fields, apple and orange orchards, blueberries, medical cannabis, fresh produce cooling rooms and more, in over 15 countries.</p>\n<p><b>Price Action</b></p>\n<p><b>Water Way’s shares jumped 10% on Friday, closing the session at 22 cents per share.</b></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Water Ways Technologies Reveals Record H1 Sales Of $9.61M, Positive Adjusted EBITDA, Provides Water For Cannabis Cultivation</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\">\nWater Ways Technologies Reveals Record H1 Sales Of $9.61M, Positive Adjusted EBITDA, Provides Water For Cannabis Cultivation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-30 21:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cannabis/21/08/22717076/water-ways-technologies-reveals-record-h1-sales-of-9-61m-positive-adjusted-ebitda-provides-water><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A water irrigation solutions provider Water Ways Technologies Inc.(TSXV:WWT) (OTCPK:WWTIF) disclosed its financial results on Monday for the six and three months period ended June 30, 2021.  The ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/08/22717076/water-ways-technologies-reveals-record-h1-sales-of-9-61m-positive-adjusted-ebitda-provides-water\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WWTIF":"WATER WAYS TECHNOLOGIES INC"},"source_url":"https://www.benzinga.com/markets/cannabis/21/08/22717076/water-ways-technologies-reveals-record-h1-sales-of-9-61m-positive-adjusted-ebitda-provides-water","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132801475","content_text":"A water irrigation solutions provider Water Ways Technologies Inc.(TSXV:WWT) (OTCPK:WWTIF) disclosed its financial results on Monday for the six and three months period ended June 30, 2021.  The Toronto-based company reportedrecord sales for the first half of the year, reaching CAD$12.11 million ($9.61 million) up by 73% from CAD$6.98 millionin the same period of 2020.\nFinancial Highlights\n\nRecord sales for the three-month period ended June 30, 2021, totaling CAD$6.64 million compared to CAD$3.72 million for the three months period ended June 30, 2020, for total revenue growth of 78%.\nEBITDA for the six-month period ended June 30, 2020, reached CAD$832,000 compared to a loss of CAD$112,000for the six months period ended June 30, 2020.\nNon-GAAP EBITDA for the six months period ended June 30, 2020, reached CAD$1,137,000.\nProject revenue stream increased substantially to CAD$6.4 million compared to CAD$1.93million for the six months period ended June 30, 2021, and 2020, respectively, for total project revenue growth of 231%.\nSales of Heartnut Grove WWT Inc., the company’s wholly-owned Canadian subsidiary, increased substantially and reached CAD$3.74 millionfor the six months period ended June 30, 2021, compared to CAD$2.98 million for six months period ended June 30, 2020.\nThe company installed and delivered the largest contract in its history, in Uzbekistan, resulting in revenue of over CAD$4.05 million.\nWater Ways completed an oversubscribed private placement of CAD$4.44 million in August 2021.\n\n\"Our business has experienced dramatic growth on all fronts in the first half of 2021,”Ohad Haber, CEO and chairman of the board of Water Ways stated. “We achieved record H1 sales and accumulated profits in all parts of our business. We also completed an oversubscribed private placement of CAD$4,400,000 which should substantiate our growth for the coming years.\"\nGrants to directors and employees\nWater Ways also revealed that it had granted 1.56 million stock options to directors and employees pursuant to the terms of the company’s stock option plan. Of this amount, 700,000 participant options were granted to directors and will vest immediately. The remaining 860,000 participant options were granted to employees and will also vest immediately. All Participant Options shall have an exercise price of CAD$0.195 and will expire 5 years after their grant.\nIn addition, the company granted 3.04 million restricted share units to directors and employees pursuant to the terms of the company’s RSU plan.\nAbout Water Ways Technologies\nWater Ways Technologies Inc., through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Its irrigation projects include vineyards, cotton fields, apple and orange orchards, blueberries, medical cannabis, fresh produce cooling rooms and more, in over 15 countries.\nPrice Action\nWater Way’s shares jumped 10% on Friday, closing the session at 22 cents per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897527476,"gmtCreate":1628946843695,"gmtModify":1676529898150,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/897527476","repostId":"1149823415","repostType":4,"repost":{"id":"1149823415","kind":"news","pubTimestamp":1628909753,"share":"https://ttm.financial/m/news/1149823415?lang=&edition=fundamental","pubTime":"2021-08-14 10:55","market":"us","language":"en","title":"Where Will Virgin Galactic Stock Be In 10 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149823415","media":"seekingalpha","summary":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"d","content":"<p><b>Summary</b></p>\n<ul>\n <li>Virgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.</li>\n <li>However, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.</li>\n <li>We would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.</li>\n <li>Lastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00922c9874a28954c08c613b8dbf378b\" tg-width=\"768\" tg-height=\"493\" width=\"100%\" height=\"auto\"><span>Nastco/iStock via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Back in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.</p>\n<p>Since then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from&nbsp;late Q3'CY22.</p>\n<p>This article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.</p>\n<p>Lastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.</p>\n<p><b>Revisions to Virgin Galactic's Mean Consensus Estimates</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e15e65a740bf4a03405cd6f31e82bfc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>May's consensus revenue estimates &amp; Aug's consensus revenue estimates. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/149d99203d29b3a3e785096ccc509c57\" tg-width=\"600\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Scale of revised estimates (Between May and Aug estimates). Data source: S&amp;P Capital IQ</span></p>\n<p>Investors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.</p>\n<p><b>Private Commercial Full Revenue Service is Expected from Q3'CY22</b></p>\n<p>SPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.</p>\n<p>As a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.</p>\n<p>However, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:</p>\n<blockquote>\n These enhancements\n <i>could potentially allow Eve to fly 100 flights between major maintenance inspections</i>. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n</blockquote>\n<p>In addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"</p>\n<p>The Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"</p>\n<p>Sure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:</p>\n<blockquote>\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n <i>that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today</i>.\"\n</blockquote>\n<p>If investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:</p>\n<blockquote>\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n</blockquote>\n<p>We are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).</p>\n<p><b>Are There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?</b></p>\n<p>Yes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket&nbsp;holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"</p>\n<p>Investors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"</p>\n<p>The company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"</p>\n<p>Importantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.</p>\n<p>Virgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience<b><i>.</i></b>And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"</p>\n<p><b>Strong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage</b></p>\n<p>Astute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.</p>\n<p>Based on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.</p>\n<p>The initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.</p>\n<p>However, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.</p>\n<p>Part of the reason that the company needed to raise the&nbsp;$500M equity&nbsp;offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.</p>\n<p>Crucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"</p>\n<p><b>Competing Against Blue Origin</b></p>\n<p>We think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.</p>\n<p>While we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture&nbsp;and the technology we have chosen is complete overkill for a suborbital tourism mission.”</p>\n<p>We think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"</p>\n<p>Therefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.</p>\n<p>One thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.</p>\n<p>Virgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.</p>\n<p><b>Free Cash Flow Forecast &amp; Valuations</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48be5e8da375fdc72591e31b96a223f4\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>EBITDA margin forecast &amp; CapEx margin forecast. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57509b52b1c0ac46a44e7a0dd619bd97\" tg-width=\"640\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>EV / Fwd EBITDA trend. Data Source: S&amp;P Capital IQ</span></p>\n<p>Despite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.</p>\n<p>However, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1084f3186f9732fad8d28b824c65de2a\" tg-width=\"640\" tg-height=\"472\" width=\"100%\" height=\"auto\"><span>Street's mean price target. Source: TIKR</span></p>\n<p>The Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.</p>\n<p>While we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.</p>\n<p><b>SPCE Stock Price Action and Trend Analysis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f872b3e8670eac6d5ca4d8afce15200\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: TradingView</span></p>\n<p>While we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.</p>\n<p>SPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.</p>\n<p>In summary, we assign a neutral rating to SPCE for long-term investors.</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>Where Will Virgin Galactic Stock Be In 10 Years?</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\">\nWhere Will Virgin Galactic Stock Be In 10 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company'...</p>\n\n<a href=\"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149823415","content_text":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.\nWe would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.\nLastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.\n\nNastco/iStock via Getty Images\nInvestment Thesis\nBack in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.\nSince then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from late Q3'CY22.\nThis article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.\nLastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.\nRevisions to Virgin Galactic's Mean Consensus Estimates\nMay's consensus revenue estimates & Aug's consensus revenue estimates. Data source: S&P Capital IQ\nScale of revised estimates (Between May and Aug estimates). Data source: S&P Capital IQ\nInvestors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.\nPrivate Commercial Full Revenue Service is Expected from Q3'CY22\nSPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.\nAs a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.\nHowever, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:\n\n These enhancements\n could potentially allow Eve to fly 100 flights between major maintenance inspections. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n\nIn addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"\nThe Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"\nSure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:\n\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today.\"\n\nIf investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:\n\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n\nWe are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).\nAre There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?\nYes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"\nInvestors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"\nThe company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"\nImportantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.\nVirgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience.And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"\nStrong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage\nAstute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.\nBased on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.\nThe initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.\nHowever, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.\nPart of the reason that the company needed to raise the $500M equity offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.\nCrucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"\nCompeting Against Blue Origin\nWe think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.\nWhile we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture and the technology we have chosen is complete overkill for a suborbital tourism mission.”\nWe think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"\nTherefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.\nOne thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.\nVirgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.\nFree Cash Flow Forecast & Valuations\nEBITDA margin forecast & CapEx margin forecast. Data source: S&P Capital IQ\nEV / Fwd EBITDA trend. Data Source: S&P Capital IQ\nDespite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.\nHowever, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.\nStreet's mean price target. Source: TIKR\nThe Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.\nWhile we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.\nSPCE Stock Price Action and Trend Analysis\nSource: TradingView\nWhile we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.\nSPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.\nIn summary, we assign a neutral rating to SPCE for long-term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809258370,"gmtCreate":1627374208190,"gmtModify":1703488644717,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809258370","repostId":"1142907091","repostType":4,"repost":{"id":"1142907091","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":1627373467,"share":"https://ttm.financial/m/news/1142907091?lang=&edition=fundamental","pubTime":"2021-07-27 16:11","market":"us","language":"en","title":"Hot Chinese concept stocks resumed downward in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1142907091","media":"Tiger Newspress","summary":"Hot Chinese concept stocks resumed downward in premarket trading.Bilibili and NetEase fell 7%,DiDi G","content":"<p>Hot Chinese concept stocks resumed downward&nbsp;in premarket trading.Bilibili&nbsp;and&nbsp;NetEase&nbsp;fell&nbsp;7%,DiDi Global,JD.com&nbsp;and&nbsp;Pinduoduo&nbsp;fell&nbsp;6%,Baidu&nbsp;fell&nbsp;5%,Xpeng Motors&nbsp;fell&nbsp;4%,Alibaba,Nio&nbsp;and Li Auto&nbsp;fell&nbsp;3%.</p>\n<p><img src=\"https://static.tigerbbs.com/6d3f423af5595483b1ce34aa42d60cc7\" tg-width=\"355\" tg-height=\"602\" 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>Hot Chinese concept stocks resumed downward in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Chinese concept stocks resumed downward in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-27 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hot Chinese concept stocks resumed downward&nbsp;in premarket trading.Bilibili&nbsp;and&nbsp;NetEase&nbsp;fell&nbsp;7%,DiDi Global,JD.com&nbsp;and&nbsp;Pinduoduo&nbsp;fell&nbsp;6%,Baidu&nbsp;fell&nbsp;5%,Xpeng Motors&nbsp;fell&nbsp;4%,Alibaba,Nio&nbsp;and Li Auto&nbsp;fell&nbsp;3%.</p>\n<p><img src=\"https://static.tigerbbs.com/6d3f423af5595483b1ce34aa42d60cc7\" tg-width=\"355\" tg-height=\"602\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","JD":"京东","DIDI":"滴滴(已退市)","LI":"理想汽车","BIDU":"百度","BABA":"阿里巴巴","XPEV":"小鹏汽车","PDD":"拼多多"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142907091","content_text":"Hot Chinese concept stocks resumed downward in premarket trading.Bilibili and NetEase fell 7%,DiDi Global,JD.com and Pinduoduo fell 6%,Baidu fell 5%,Xpeng Motors fell 4%,Alibaba,Nio and Li Auto fell 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881578634,"gmtCreate":1631371651028,"gmtModify":1676530537105,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"&nbsp;Like pls&nbsp;","listText":"&nbsp;Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881578634","repostId":"2166375184","repostType":4,"repost":{"id":"2166375184","kind":"highlight","pubTimestamp":1631329320,"share":"https://ttm.financial/m/news/2166375184?lang=&edition=fundamental","pubTime":"2021-09-11 11:02","market":"us","language":"en","title":"3 Top Stocks to Buy for the Long Haul","url":"https://stock-news.laohu8.com/highlight/detail?id=2166375184","media":"Motley Fool","summary":"Time plus patience, multiplied by sustainable business advantages: the formula for making serious money in the stock market. These three stocks fit the bill.","content":"<p>There are many ways to make money in the stock market. Every investor has their own style, different levels of risk tolerance, and diverse goals. But <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the easiest and most profitable ways to get rich on Wall Street is to follow in the footsteps of true masters such as Warren Buffett and Benjamin Graham.</p>\n<p>It's elementary, really. First, identify companies with fantastic growth opportunities, sustainable business advantages over their rivals, and excellent management teams. Then, buy these stocks at reasonable prices. It's OK to overpay a bit if you have to. Quality doesn't always come cheap.</p>\n<p>Then, stick those shares under your proverbial pillow and get some undisturbed sleep. Do absolutely nothing for years or even decades. Companies with the qualities I listed a minute ago should be able to deliver solid returns for the long haul, unlocking the magic of compounding returns over very long periods.</p>\n<p>Even ardent growth investors with a high tolerance for market risk should have a handful of these surefire long-term bets in their portfolios. For example, my own collection of small-cap tickers, promising growth stocks, and the odd speculative bet is built around a solid core of long-term champions. Whatever happens to the rest of my real-world holdings, I don't lose a minute of sleep over these proven winners. The stocks mentioned below are firmly established members of that elite group.</p>\n<p>Read on to see why every investor should consider holding a few shares of <b>Roku</b> (NASDAQ:ROKU), <b>Alphabet</b> (NASDAQ:GOOG) (NASDAQ:GOOGL), and <b>Walt Disney</b> (NYSE:DIS). All of these familiar names are poised to keep winning for many years to come, each in its own inimitable way.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5102320568ff7a6b2fe0ee7c527c253\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Time is money. Image source: Getty Images.</span></p>\n<h2>Roku: Modern entertainment in a nutshell</h2>\n<p>Streaming media is everywhere nowadays. The COVID-19 pandemic accelerated the mainstream adoption of digital entertainment services, and the health crisis struck just as every entertainment company on the planet seemed to be launching its own streaming platform.</p>\n<p>Roku benefits from all of this activity, being the global leader in media-streaming technologies. The company's service-agnostic philosophy does a couple of important things for Roku's long-term success. First, this company can be a huge winner no matter which content studio walks away with the trophy for having the most viewers in the end. Second, Roku's omnipresent nature in the set-top box and smart TV markets forces every new service to develop support for Roku's platform. These two qualities reinforce each other as time goes by, further cementing Roku's rock-solid growth trajectory.</p>\n<p>Streaming entertainment is here to stay. Roku has claimed the catbird seat for itself in this explosive growth market. It would take a massive effort by an established entertainment technology giant to dethrone Roku at this point. Most of those large-scale rivals are too deeply attached to their long-standing traditions to really go for it.</p>\n<p>For example, I would eat my shoe if <b>Apple</b> (NASDAQ:AAPL) ever decided to give equal support to every available streaming service and hardware device. The Apple TV app is only available for devices designed in Cupertino, and the Apple TV set-top box works best with the iTunes ecosystem. That's the exact opposite of Roku's agnostic attitude, and the main reason why I don't see Apple as a serious Roku competitor.</p>\n<p>A larger company could give up on promoting its in-house platform options and just buy Roku instead. However, Roku is trading at 208 times forward earnings or 210 times free cash flows. The company's enterprise value stands at a hefty $44.1 billion today. That's rich enough to make any tech giant think twice about putting together an acquisition offer, especially one with a buyout premium large enough to win the required shareholder vote. The lofty price tag is Roku's best takeover defense.</p>\n<p>This is one of those situations where a high price shouldn't deter you from picking up Roku shares. You get to own a premium business when you pay that premium price.</p>\n<p>So if you want to bet on the future of digital entertainment without worrying about the content production side of things, Roku is your best bet. This stock should deliver market-beating returns for the foreseeable future.</p>\n<h2>Alphabet: Throwing spaghetti at the wall for fun and profit</h2>\n<p>So far, almost all of Alphabet's success and financial gains have sprung from the Google-branded set of online search and advertising tools. In the recently reported second quarter of 2021, Google services and Google Cloud accounted for 99.2% of Alphabet's total sales. The remaining operations, under the \"other bets\" segment, also reported an operating loss of $1.1 billion, while the Google segments generated $8.1 billion in operating profits. It's all about the Big G.</p>\n<p>That won't always be the case, though.</p>\n<p>Google transformed into the conglomerate known as Alphabet exactly because the company knows that big changes are coming. Web browsers and ad-boosted websites will not always provide a stable revenue stream for Google. Mobile apps and the Android platform are ready to take over, but this too shall pass.</p>\n<p>And Alphabet is trying out a whole bunch of alternative business ideas. So far, the company is looking at ideas such as self-driving cars, high-speed internet services, advanced medical research, and next-generation agriculture development. One or several of those unconventional bets should stand ready to carry Alphabet's financial torch when the time comes. Or maybe we haven't even heard of Alphabet's best ideas yet.</p>\n<p>Nobody knows exactly where this train is going, but I'm OK with that. Alphabet is willing to keep throwing spaghetti at the wall until something really sticks, creating the foundation of whatever this company might become. Alphabet's ambitious moonshot projects generally strike me as wholesome ideas that could benefit humanity on a large scale -- and I would be happy to benefit from their potential success.</p>\n<p>That's why Alphabet will always hold a place in my investment portfolio. This company is ready and able to change with the times. That's one effective way to build a successful business for the ages.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/300a57a82684c9a313758e27f921ed5e\" tg-width=\"700\" tg-height=\"485\" width=\"100%\" height=\"auto\"><span>The winds of change are blowing. Image source: Getty Images.</span></p>\n<h2>Disney: Always ready to turn on a dime</h2>\n<p>Finally, Disney's leaders are proving their willingness to try new ideas. The House of Mouse reorganized itself around streaming content last year, thumbing its nose at the traditional media industry to refocus on what's next. Its world-class theme parks are adapting to the restrictions of social distancing, putting together a positive third-quarter showing after several quarters of negative operating profits.</p>\n<p>This is the only old-school media studio I would consider owning nowadays. Unfortunately, Disney's sector peers often respond to changing market conditions by retreating into their shells to defend the operating procedures of old, and those efforts are mostly ineffective.</p>\n<p>For example, movie theater attendance has been falling for decades. Hollywood at large wanted to address this problem by raising ticket prices, which then resulted in even fewer ticket sales. In Disney's case, the company eventually fired up a serious media-streaming service packed with the company's legendary content, supported by a steady stream of brand new original material.</p>\n<p>Disney+ is the company's future in many ways, and you won't see CEO Bob Chapek or chairman Bob Iger complaining about that fact. Instead, they tweaked their company's operating structure to accelerate the transformation.</p>\n<p>I don't know where the entertainment and media markets are going in the long run, but I don't really have to. I'm convinced that Disney will do whatever it takes to stay relevant and thriving in whatever market conditions might be around the bend. Again, I really like owning stocks tied to businesses that can and will change over time. Disney is another great example of this market-beating quality.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Stocks to Buy for the Long Haul</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 Top Stocks to Buy for the Long Haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 11:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/10/3-top-stocks-to-buy-for-the-long-haul/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are many ways to make money in the stock market. Every investor has their own style, different levels of risk tolerance, and diverse goals. But one of the easiest and most profitable ways to get...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/3-top-stocks-to-buy-for-the-long-haul/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌","DIS":"迪士尼","ROKU":"Roku Inc"},"source_url":"https://www.fool.com/investing/2021/09/10/3-top-stocks-to-buy-for-the-long-haul/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166375184","content_text":"There are many ways to make money in the stock market. Every investor has their own style, different levels of risk tolerance, and diverse goals. But one of the easiest and most profitable ways to get rich on Wall Street is to follow in the footsteps of true masters such as Warren Buffett and Benjamin Graham.\nIt's elementary, really. First, identify companies with fantastic growth opportunities, sustainable business advantages over their rivals, and excellent management teams. Then, buy these stocks at reasonable prices. It's OK to overpay a bit if you have to. Quality doesn't always come cheap.\nThen, stick those shares under your proverbial pillow and get some undisturbed sleep. Do absolutely nothing for years or even decades. Companies with the qualities I listed a minute ago should be able to deliver solid returns for the long haul, unlocking the magic of compounding returns over very long periods.\nEven ardent growth investors with a high tolerance for market risk should have a handful of these surefire long-term bets in their portfolios. For example, my own collection of small-cap tickers, promising growth stocks, and the odd speculative bet is built around a solid core of long-term champions. Whatever happens to the rest of my real-world holdings, I don't lose a minute of sleep over these proven winners. The stocks mentioned below are firmly established members of that elite group.\nRead on to see why every investor should consider holding a few shares of Roku (NASDAQ:ROKU), Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), and Walt Disney (NYSE:DIS). All of these familiar names are poised to keep winning for many years to come, each in its own inimitable way.\nTime is money. Image source: Getty Images.\nRoku: Modern entertainment in a nutshell\nStreaming media is everywhere nowadays. The COVID-19 pandemic accelerated the mainstream adoption of digital entertainment services, and the health crisis struck just as every entertainment company on the planet seemed to be launching its own streaming platform.\nRoku benefits from all of this activity, being the global leader in media-streaming technologies. The company's service-agnostic philosophy does a couple of important things for Roku's long-term success. First, this company can be a huge winner no matter which content studio walks away with the trophy for having the most viewers in the end. Second, Roku's omnipresent nature in the set-top box and smart TV markets forces every new service to develop support for Roku's platform. These two qualities reinforce each other as time goes by, further cementing Roku's rock-solid growth trajectory.\nStreaming entertainment is here to stay. Roku has claimed the catbird seat for itself in this explosive growth market. It would take a massive effort by an established entertainment technology giant to dethrone Roku at this point. Most of those large-scale rivals are too deeply attached to their long-standing traditions to really go for it.\nFor example, I would eat my shoe if Apple (NASDAQ:AAPL) ever decided to give equal support to every available streaming service and hardware device. The Apple TV app is only available for devices designed in Cupertino, and the Apple TV set-top box works best with the iTunes ecosystem. That's the exact opposite of Roku's agnostic attitude, and the main reason why I don't see Apple as a serious Roku competitor.\nA larger company could give up on promoting its in-house platform options and just buy Roku instead. However, Roku is trading at 208 times forward earnings or 210 times free cash flows. The company's enterprise value stands at a hefty $44.1 billion today. That's rich enough to make any tech giant think twice about putting together an acquisition offer, especially one with a buyout premium large enough to win the required shareholder vote. The lofty price tag is Roku's best takeover defense.\nThis is one of those situations where a high price shouldn't deter you from picking up Roku shares. You get to own a premium business when you pay that premium price.\nSo if you want to bet on the future of digital entertainment without worrying about the content production side of things, Roku is your best bet. This stock should deliver market-beating returns for the foreseeable future.\nAlphabet: Throwing spaghetti at the wall for fun and profit\nSo far, almost all of Alphabet's success and financial gains have sprung from the Google-branded set of online search and advertising tools. In the recently reported second quarter of 2021, Google services and Google Cloud accounted for 99.2% of Alphabet's total sales. The remaining operations, under the \"other bets\" segment, also reported an operating loss of $1.1 billion, while the Google segments generated $8.1 billion in operating profits. It's all about the Big G.\nThat won't always be the case, though.\nGoogle transformed into the conglomerate known as Alphabet exactly because the company knows that big changes are coming. Web browsers and ad-boosted websites will not always provide a stable revenue stream for Google. Mobile apps and the Android platform are ready to take over, but this too shall pass.\nAnd Alphabet is trying out a whole bunch of alternative business ideas. So far, the company is looking at ideas such as self-driving cars, high-speed internet services, advanced medical research, and next-generation agriculture development. One or several of those unconventional bets should stand ready to carry Alphabet's financial torch when the time comes. Or maybe we haven't even heard of Alphabet's best ideas yet.\nNobody knows exactly where this train is going, but I'm OK with that. Alphabet is willing to keep throwing spaghetti at the wall until something really sticks, creating the foundation of whatever this company might become. Alphabet's ambitious moonshot projects generally strike me as wholesome ideas that could benefit humanity on a large scale -- and I would be happy to benefit from their potential success.\nThat's why Alphabet will always hold a place in my investment portfolio. This company is ready and able to change with the times. That's one effective way to build a successful business for the ages.\nThe winds of change are blowing. Image source: Getty Images.\nDisney: Always ready to turn on a dime\nFinally, Disney's leaders are proving their willingness to try new ideas. The House of Mouse reorganized itself around streaming content last year, thumbing its nose at the traditional media industry to refocus on what's next. Its world-class theme parks are adapting to the restrictions of social distancing, putting together a positive third-quarter showing after several quarters of negative operating profits.\nThis is the only old-school media studio I would consider owning nowadays. Unfortunately, Disney's sector peers often respond to changing market conditions by retreating into their shells to defend the operating procedures of old, and those efforts are mostly ineffective.\nFor example, movie theater attendance has been falling for decades. Hollywood at large wanted to address this problem by raising ticket prices, which then resulted in even fewer ticket sales. In Disney's case, the company eventually fired up a serious media-streaming service packed with the company's legendary content, supported by a steady stream of brand new original material.\nDisney+ is the company's future in many ways, and you won't see CEO Bob Chapek or chairman Bob Iger complaining about that fact. Instead, they tweaked their company's operating structure to accelerate the transformation.\nI don't know where the entertainment and media markets are going in the long run, but I don't really have to. I'm convinced that Disney will do whatever it takes to stay relevant and thriving in whatever market conditions might be around the bend. Again, I really like owning stocks tied to businesses that can and will change over time. Disney is another great example of this market-beating quality.","news_type":1},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816236749,"gmtCreate":1630503250481,"gmtModify":1676530322085,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/816236749","repostId":"1167796919","repostType":4,"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170347171,"gmtCreate":1626407933194,"gmtModify":1703759589063,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/170347171","repostId":"1143141411","repostType":4,"repost":{"id":"1143141411","kind":"news","pubTimestamp":1626407497,"share":"https://ttm.financial/m/news/1143141411?lang=&edition=fundamental","pubTime":"2021-07-16 11:51","market":"us","language":"en","title":"\"Everything Will Go To Zero\" - Macquarie Strategist Envisions Era Of Tech-Driven Deflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1143141411","media":"zerohedge","summary":"With the latest CPI numbers stoking interest in the \"transitory\" vs. \"not-so-transitory\" inflation d","content":"<p>With the latest CPI numbers stoking interest in the \"transitory\" vs. \"not-so-transitory\" inflation debate, it's perhaps fitting that the latestMacroVoicesinterview featured Macquarie global equities strategist Viktor Shvets, who explained why he believes the world is entering a new era where the deflationary pressures produced by technology-induced improvements in productivity will create a \"race to zero\" that will see prices continue to fall.</p>\n<p>However, Shvets believes that over the next 10 to 20 years, inflation and deflation will act more like opposite sides of a pendulum that occasionally swings back and forth.</p>\n<p>On the inflationary side, one new development is the dominance of fiscal policy over monetary policy in terms of their impact on the market. An innovation inspired by COVID-19 that Shvetz expects will increasingly become the norm in the US. As the younger generation embraces \"socialism\", the US government will likely increasingly pay for medicine and even a universal basic income for those who don't work (and perhaps even for those who do).</p>\n<p>ust this week, the Biden Administration introduced new handouts for families with young children.</p>\n<blockquote>\n And the third element is a deglobalization and localization that's going to continue to strengthen. \n <b>So what you have in the next 10 to 20 years, two very powerful forces are going to struggle. One is very strong, long term disinflationary force, which ultimately is going to win.</b>And the other one is more inflation created from various things we're going to do over the next 10 to 20 years. Now, the interesting question, Erik is who is going to decide whether inflation or disinflation wins at any given point in time? Now, my personal view for quite some time has been that private sector will never walk again on this system.\n</blockquote>\n<p>While Shvetz doesn't believe in systematic inflation, he believes in systematic disinflation.</p>\n<p>The reason is that technology has turbocharged the spirit of competition. And the same deflationary forces that gave us free music, free equity trades and free digital news will soon get to work on other aspects of the economy, until prices are falling on nearly all goods and services.</p>\n<blockquote>\n So if one agrees with me, that cost of capital must fall forever, then it's like pouring a kerosene on a bonfire of technological age. And what technology does incredibly well is reducing marginal pricing power of both labor and capital, and corporates, and brands. And so what happens over time, those reduction in marginal pricing power converges into average pricing power, which also declines. \n <b>And eventually, almost everything becomes free. There is no prices, just like information today is almost entirely free.</b>Just like publications today, almost entirely free, just like trading on the New York Stock Exchange quite, not quite, but almost entirely free. Just like a lot of music is almost entirely free. So we already have massively reduced marginal pricing power in a lot of industries. We've already reduced marginal pricing power of labor.\n</blockquote>\n<p>Shvetz even cited research from McKinsey and others to justify his \"everything goes to zero\" thesis about long-term price deflation.</p>\n<blockquote>\n That's why McKinsey in their review, was estimating that the impact of information age could be 3000 times the impact of industrial age. In other words, much broader and much faster, 300 times broader, 10 times faster. And so when I say everything goes to zero, eventually, the productivity growth rates will be so high, that there will be no need to value any of that stuff. And the economists are not going to function the same way as I've done over the last two or 300 years.\n</blockquote>\n<p>Moving on to a discussion of contemporary markets, Townsend asked Shvetz for his view on interest rates. Is the only rational direction for Treasury yields higher? To this, Shvetz offered a detail answer grounded in history. As government debt burdens have soared, the only way forward for central banks is to follow the BoJ and artificially repress yields as central banks buy up the entire market.</p>\n<blockquote>\n Well, it reminds me what people were saying about Japan. Remember in 1990s and early 2000. The view was that if God forbid Japan ever ignites inflation, they immediately go bankrupt because the government will be spending 50, 60, 70% of their budget just servicing the debt. Now, how much do you think Japanese Government today is spending on servicing debt 4%. Not 50, not 40, not 80, 4%. And the debt burden is much, much larger than what it used to be. Now a lot of people say, well, you know, Japan is unique.\n</blockquote>\n<blockquote>\n <b>Okay, let's look at Eurozone. How unique is Eurozone? Look at the UK? How unique is the United Kingdom? And if you think of the US.</b>One of the things that is becoming very clear, is that what happened in Japan since early 90s. What happened in Eurozone since global financial crisis over the last five or six years started to happen in the US as well. \n <b>And a basic sort of signal that the US is sending now, just like the other economies do, it's not about supply of money.</b>It's about demand for money. It's not about supply of credit.I\n</blockquote>\n<blockquote>\n t's about demand for credit. And increasingly, the more we leverage, the more we financialize, the more we erode marginal demand for credit. Now, what that implies is that interest rates not only they cannot go up, but they will not go up. And by the way, if they do, remember, we always have perpetuals, which have no value at all, because they're never redeemable.\n</blockquote>\n<blockquote>\n On the horizon, we have MMT or modern monetary theory. We already have BoJ. Remember the has been monetizing more debt that the Government of Japan has been issuing. That's why they're sitting on 50 to 53% of JGB market. Eventually, you don't need the JGB market at some point in time.\n</blockquote>\n<p>Echoing a pointmade by Jeffrey Gundlach, Shvetz points to the fact that on top of its burgeoning debt, the US also has hundreds of billions of dollars in unfunded liabilities.</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>\"Everything Will Go To Zero\" - Macquarie Strategist Envisions Era Of Tech-Driven Deflation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n\"Everything Will Go To Zero\" - Macquarie Strategist Envisions Era Of Tech-Driven Deflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 11:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/economics/everything-will-go-zero-macquarie-strategist-envisions-era-tech-driven-deflation><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the latest CPI numbers stoking interest in the \"transitory\" vs. \"not-so-transitory\" inflation debate, it's perhaps fitting that the latestMacroVoicesinterview featured Macquarie global equities ...</p>\n\n<a href=\"https://www.zerohedge.com/economics/everything-will-go-zero-macquarie-strategist-envisions-era-tech-driven-deflation\">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",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/economics/everything-will-go-zero-macquarie-strategist-envisions-era-tech-driven-deflation","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143141411","content_text":"With the latest CPI numbers stoking interest in the \"transitory\" vs. \"not-so-transitory\" inflation debate, it's perhaps fitting that the latestMacroVoicesinterview featured Macquarie global equities strategist Viktor Shvets, who explained why he believes the world is entering a new era where the deflationary pressures produced by technology-induced improvements in productivity will create a \"race to zero\" that will see prices continue to fall.\nHowever, Shvets believes that over the next 10 to 20 years, inflation and deflation will act more like opposite sides of a pendulum that occasionally swings back and forth.\nOn the inflationary side, one new development is the dominance of fiscal policy over monetary policy in terms of their impact on the market. An innovation inspired by COVID-19 that Shvetz expects will increasingly become the norm in the US. As the younger generation embraces \"socialism\", the US government will likely increasingly pay for medicine and even a universal basic income for those who don't work (and perhaps even for those who do).\nust this week, the Biden Administration introduced new handouts for families with young children.\n\n And the third element is a deglobalization and localization that's going to continue to strengthen. \n So what you have in the next 10 to 20 years, two very powerful forces are going to struggle. One is very strong, long term disinflationary force, which ultimately is going to win.And the other one is more inflation created from various things we're going to do over the next 10 to 20 years. Now, the interesting question, Erik is who is going to decide whether inflation or disinflation wins at any given point in time? Now, my personal view for quite some time has been that private sector will never walk again on this system.\n\nWhile Shvetz doesn't believe in systematic inflation, he believes in systematic disinflation.\nThe reason is that technology has turbocharged the spirit of competition. And the same deflationary forces that gave us free music, free equity trades and free digital news will soon get to work on other aspects of the economy, until prices are falling on nearly all goods and services.\n\n So if one agrees with me, that cost of capital must fall forever, then it's like pouring a kerosene on a bonfire of technological age. And what technology does incredibly well is reducing marginal pricing power of both labor and capital, and corporates, and brands. And so what happens over time, those reduction in marginal pricing power converges into average pricing power, which also declines. \n And eventually, almost everything becomes free. There is no prices, just like information today is almost entirely free.Just like publications today, almost entirely free, just like trading on the New York Stock Exchange quite, not quite, but almost entirely free. Just like a lot of music is almost entirely free. So we already have massively reduced marginal pricing power in a lot of industries. We've already reduced marginal pricing power of labor.\n\nShvetz even cited research from McKinsey and others to justify his \"everything goes to zero\" thesis about long-term price deflation.\n\n That's why McKinsey in their review, was estimating that the impact of information age could be 3000 times the impact of industrial age. In other words, much broader and much faster, 300 times broader, 10 times faster. And so when I say everything goes to zero, eventually, the productivity growth rates will be so high, that there will be no need to value any of that stuff. And the economists are not going to function the same way as I've done over the last two or 300 years.\n\nMoving on to a discussion of contemporary markets, Townsend asked Shvetz for his view on interest rates. Is the only rational direction for Treasury yields higher? To this, Shvetz offered a detail answer grounded in history. As government debt burdens have soared, the only way forward for central banks is to follow the BoJ and artificially repress yields as central banks buy up the entire market.\n\n Well, it reminds me what people were saying about Japan. Remember in 1990s and early 2000. The view was that if God forbid Japan ever ignites inflation, they immediately go bankrupt because the government will be spending 50, 60, 70% of their budget just servicing the debt. Now, how much do you think Japanese Government today is spending on servicing debt 4%. Not 50, not 40, not 80, 4%. And the debt burden is much, much larger than what it used to be. Now a lot of people say, well, you know, Japan is unique.\n\n\nOkay, let's look at Eurozone. How unique is Eurozone? Look at the UK? How unique is the United Kingdom? And if you think of the US.One of the things that is becoming very clear, is that what happened in Japan since early 90s. What happened in Eurozone since global financial crisis over the last five or six years started to happen in the US as well. \n And a basic sort of signal that the US is sending now, just like the other economies do, it's not about supply of money.It's about demand for money. It's not about supply of credit.I\n\n\n t's about demand for credit. And increasingly, the more we leverage, the more we financialize, the more we erode marginal demand for credit. Now, what that implies is that interest rates not only they cannot go up, but they will not go up. And by the way, if they do, remember, we always have perpetuals, which have no value at all, because they're never redeemable.\n\n\n On the horizon, we have MMT or modern monetary theory. We already have BoJ. Remember the has been monetizing more debt that the Government of Japan has been issuing. That's why they're sitting on 50 to 53% of JGB market. Eventually, you don't need the JGB market at some point in time.\n\nEchoing a pointmade by Jeffrey Gundlach, Shvetz points to the fact that on top of its burgeoning debt, the US also has hundreds of billions of dollars in unfunded liabilities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158297044,"gmtCreate":1625150210988,"gmtModify":1703737254086,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158297044","repostId":"1199212665","repostType":4,"repost":{"id":"1199212665","kind":"news","pubTimestamp":1625146084,"share":"https://ttm.financial/m/news/1199212665?lang=&edition=fundamental","pubTime":"2021-07-01 21:28","market":"us","language":"en","title":"3 Expensive Tech Stocks to Buy in the Next Market Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=1199212665","media":"Motley Fool","summary":"Get ready to buy Snowflake and two other hot tech stocks if this frothy market collapses.","content":"<p>Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the pandemic.</p>\n<p>That sell-off created some buying opportunities -- but some of the sector's pricier names merely pulled back slightly, held onto their gains, or even rallied. That relative strength is admirable, but it's a bit frustrating for investors who don't want to pay the wrong price for the right company.</p>\n<p>That's why I'm making a shopping list of expensive tech stocks which I'd eagerly buy during the next market crash. Let's take a look at three of those companies:<b>Snowflake</b>(NYSE:SNOW),<b>Twilio</b>(NYSE:TWLO), and&nbsp;<b>CrowdStrike</b>(NASDAQ:CRWD).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fde232ce39d9cd52a01fd6ec018cae53\" tg-width=\"700\" tg-height=\"466\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>1. Snowflake</b></p>\n<p>Snowflake was one of the hottest tech IPOs of 2020, thanks to its jaw-dropping growth rates and big investments from&nbsp;<b>Berkshire Hathaway</b>&nbsp;and&nbsp;<b>salesforce.com</b>.</p>\n<p>Snowflake'scloud-baseddata warehouse pulls all of a company's data onto a single platform, where it can then be fed into third-party data visualization apps. Its service breaks down the silos between different departments and computing platforms, which makes it easier for large companies to make data-driven decisions.</p>\n<p>Snowflake's number of customers jumped 73% to 4,139 in fiscal 2021 (which ended this January), including 186 of the Fortune 500 companies. Its revenue surged 124% to $592 million, as its net retention rate -- which gauges its year-over-year revenue growth per existing customer -- hit 165%.</p>\n<p>That growth continued in the first quarter of 2022. Its revenue rose 110% year over year to $228.9 million, its number of customers increased 67% to 4,532, and it achieved a net retention rate of 168%.</p>\n<p>But Snowflake isn't profitable yet. ItsGAAPnet loss widened from $348.5 million in fiscal 2020 to $539.1 million in fiscal 2021, and<i>more than doubled</i>from $93.6 million to $203.2 million in the first quarter of 2022. It's also unprofitable on a non-GAAP basis, which excludes its stock-based compensation expenses.</p>\n<p>Analysts expect Snowflake's revenue to rise 88% this year, with a narrower loss. However, its stock still trades at 65 times this year's sales -- which indicates there's still far too much growth baked into the stock. But if Snowflake gets cut in half in a crash, I'd considerstarting a big position.</p>\n<p><b>2. Twilio</b></p>\n<p>Twilio's cloud platform processes text messages, calls, and videos within apps. For example, it helps&nbsp;<b>Lyft</b>'s passengers contact their drivers, and&nbsp;<b>Airbnb</b>'s guests reach their hosts.</p>\n<p>In the past, developers built those tools from scratch, which was generally time-consuming, buggy, and difficult to scale. However, developers can now outsource those features to Twilio's cloud service by simply adding a few lines of code to their apps.</p>\n<p>Twilio's revenue rose 55% to $1.76 billion in 2020. Its net expansion rate, which is comparable to Snowflake's net retention rate, reached 137%. In the first quarter of 2021, its revenue jumped 62% year over year to $590 million as it integrated its recent purchase of the customer data firm Segment.</p>\n<p>Twilio remains unprofitable on a GAAP basis, but its non-GAAP net income rose 62% to $35.9 million in 2020. In the first quarter of 2021, its non-GAAP net income rose another 15% to $9.6 million.</p>\n<p>Analysts expect its revenue to rise 44% this year, but for its non-GAAP earnings to dip into the red again amid higher investments and rising A2P (application-to-person) fees, which are now charged by carriers whenever an app accesses an SMS network.</p>\n<p>That near-term outlook doesn't look great for a stock that trades at nearly 30 times this year's sales. However, I still think Twilio has great growth potential, and I'd definitely buy its stock at a lower price.</p>\n<p><b>3. CrowdStrike</b></p>\n<p>CrowdStrike is a cybersecurity company that differs from its industry peers in one major way. Most cybersecurity companies install on-site appliances to support their services, which can be expensive to maintain and difficult to scale as an organization expands. CrowdStrike eliminates those appliances by offering its end-to-end security platform as a cloud-based service.</p>\n<p>CrowdStrike's growth clearly reflects its disruptive potential. Its revenue rose 82% to $874.4 million in fiscal 2021 (which ended this January), its number of subscription customers increased 82% to 9,896, and its net retention rate stayed above 120%.</p>\n<p>In the first quarter of fiscal 2022, its revenue rose 70% year over year to $302.8 million, its subscriber base expanded 82% year over year to 11,420, and it kept its retention rate above 120%.</p>\n<p>CrowdStrike also turned profitable on a non-GAAP basis in 2021, with a net profit of $62.6 million. Its non-GAAP net income rose more than fivefold year over year to $23.3 million in the first quarter of 2022.</p>\n<p>Those&nbsp;numbers are impressive, but CrowdStrike still trades at about 350 times forward earnings and more than 40 times this year's sales. Therefore, this is another stock I won't buy unless the market crashes.</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 Expensive Tech Stocks to Buy in the Next Market Crash</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 Expensive Tech Stocks to Buy in the Next Market Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 21:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/expensive-tech-stocks-to-buy-in-next-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/expensive-tech-stocks-to-buy-in-next-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake","TWLO":"Twilio Inc","CRWD":"CrowdStrike Holdings, Inc."},"source_url":"https://www.fool.com/investing/2021/07/01/expensive-tech-stocks-to-buy-in-next-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199212665","content_text":"Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the pandemic.\nThat sell-off created some buying opportunities -- but some of the sector's pricier names merely pulled back slightly, held onto their gains, or even rallied. That relative strength is admirable, but it's a bit frustrating for investors who don't want to pay the wrong price for the right company.\nThat's why I'm making a shopping list of expensive tech stocks which I'd eagerly buy during the next market crash. Let's take a look at three of those companies:Snowflake(NYSE:SNOW),Twilio(NYSE:TWLO), and CrowdStrike(NASDAQ:CRWD).\nIMAGE SOURCE: GETTY IMAGES.\n1. Snowflake\nSnowflake was one of the hottest tech IPOs of 2020, thanks to its jaw-dropping growth rates and big investments from Berkshire Hathaway and salesforce.com.\nSnowflake'scloud-baseddata warehouse pulls all of a company's data onto a single platform, where it can then be fed into third-party data visualization apps. Its service breaks down the silos between different departments and computing platforms, which makes it easier for large companies to make data-driven decisions.\nSnowflake's number of customers jumped 73% to 4,139 in fiscal 2021 (which ended this January), including 186 of the Fortune 500 companies. Its revenue surged 124% to $592 million, as its net retention rate -- which gauges its year-over-year revenue growth per existing customer -- hit 165%.\nThat growth continued in the first quarter of 2022. Its revenue rose 110% year over year to $228.9 million, its number of customers increased 67% to 4,532, and it achieved a net retention rate of 168%.\nBut Snowflake isn't profitable yet. ItsGAAPnet loss widened from $348.5 million in fiscal 2020 to $539.1 million in fiscal 2021, andmore than doubledfrom $93.6 million to $203.2 million in the first quarter of 2022. It's also unprofitable on a non-GAAP basis, which excludes its stock-based compensation expenses.\nAnalysts expect Snowflake's revenue to rise 88% this year, with a narrower loss. However, its stock still trades at 65 times this year's sales -- which indicates there's still far too much growth baked into the stock. But if Snowflake gets cut in half in a crash, I'd considerstarting a big position.\n2. Twilio\nTwilio's cloud platform processes text messages, calls, and videos within apps. For example, it helps Lyft's passengers contact their drivers, and Airbnb's guests reach their hosts.\nIn the past, developers built those tools from scratch, which was generally time-consuming, buggy, and difficult to scale. However, developers can now outsource those features to Twilio's cloud service by simply adding a few lines of code to their apps.\nTwilio's revenue rose 55% to $1.76 billion in 2020. Its net expansion rate, which is comparable to Snowflake's net retention rate, reached 137%. In the first quarter of 2021, its revenue jumped 62% year over year to $590 million as it integrated its recent purchase of the customer data firm Segment.\nTwilio remains unprofitable on a GAAP basis, but its non-GAAP net income rose 62% to $35.9 million in 2020. In the first quarter of 2021, its non-GAAP net income rose another 15% to $9.6 million.\nAnalysts expect its revenue to rise 44% this year, but for its non-GAAP earnings to dip into the red again amid higher investments and rising A2P (application-to-person) fees, which are now charged by carriers whenever an app accesses an SMS network.\nThat near-term outlook doesn't look great for a stock that trades at nearly 30 times this year's sales. However, I still think Twilio has great growth potential, and I'd definitely buy its stock at a lower price.\n3. CrowdStrike\nCrowdStrike is a cybersecurity company that differs from its industry peers in one major way. Most cybersecurity companies install on-site appliances to support their services, which can be expensive to maintain and difficult to scale as an organization expands. CrowdStrike eliminates those appliances by offering its end-to-end security platform as a cloud-based service.\nCrowdStrike's growth clearly reflects its disruptive potential. Its revenue rose 82% to $874.4 million in fiscal 2021 (which ended this January), its number of subscription customers increased 82% to 9,896, and its net retention rate stayed above 120%.\nIn the first quarter of fiscal 2022, its revenue rose 70% year over year to $302.8 million, its subscriber base expanded 82% year over year to 11,420, and it kept its retention rate above 120%.\nCrowdStrike also turned profitable on a non-GAAP basis in 2021, with a net profit of $62.6 million. Its non-GAAP net income rose more than fivefold year over year to $23.3 million in the first quarter of 2022.\nThose numbers are impressive, but CrowdStrike still trades at about 350 times forward earnings and more than 40 times this year's sales. Therefore, this is another stock I won't buy unless the market crashes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814622519,"gmtCreate":1630814723731,"gmtModify":1676530400048,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/814622519","repostId":"1157895022","repostType":4,"repost":{"id":"1157895022","kind":"news","pubTimestamp":1630810619,"share":"https://ttm.financial/m/news/1157895022?lang=&edition=fundamental","pubTime":"2021-09-05 10:56","market":"us","language":"en","title":"Beat the market with this quant system that’s very bullish on stocks at record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1157895022","media":"MarketWatch","summary":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do ","content":"<blockquote>\n <b>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.</b>\n</blockquote>\n<p>Imagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.</p>\n<p>That’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.</p>\n<p>Howard and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.</p>\n<p>His HCM Tactical Growth Fund&nbsp;HCMGX,+0.35%beats its Russell 1000&nbsp;benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.</p>\n<p>There are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?</p>\n<p>So-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.</p>\n<p>Here are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.</p>\n<p><b>Lesson #1: Don’t be emotional</b></p>\n<p>It’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.</p>\n<p>Likewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.</p>\n<p>To do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”</p>\n<p><b>Lesson #2: Have a system and stick to it</b></p>\n<p>To exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.</p>\n<p>The HCM-BuyLine basically works like this. First, rather than use the S&amp;P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.</p>\n<p>When the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.</p>\n<p>“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”</p>\n<p>Right now, it’s bullish. (More on this below.)</p>\n<p>Your system also has to tell you when to get back in.</p>\n<p>“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.</p>\n<p>You don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.</p>\n<p>“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”</p>\n<p>His system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.</p>\n<p>“The HCM-BuyLine takes all the emotion out of the process,” says Howard.</p>\n<p><b>Lesson #3: Don’t fight the tape</b></p>\n<p>This concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”</p>\n<p>“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”</p>\n<p>In other words, don’t try to be a hero.</p>\n<p>“Sometimes, not losing money is where you want to be,” he says.</p>\n<p>Likewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.</p>\n<p><b>Lesson #4: Keep it simple</b></p>\n<p>As you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.</p>\n<p>“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”</p>\n<p><b>Lesson #5: How to trade the current market</b></p>\n<p>First, be long.</p>\n<p>“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”</p>\n<p>One bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”</p>\n<p>Howard uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.</p>\n<p>He likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.</p>\n<p>He likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and&nbsp;iShares SemiconductorSOXX,+0.75%.</p>\n<p>He likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.</p>\n<p>As for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.</p>\n<p>Also consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.</p>\n<p>He prefers to add to holdings on 1%-3% dips.</p>\n<p><b>A few drawbacks</b></p>\n<p>His HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.</p>\n<p>Every manager, including Warren Buffett, can have a stretch of underperformance, says Howard.</p>\n<p>“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”</p>\n<p>Another challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.</p>","source":"lsy1603348471595","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>Beat the market with this quant system that’s very bullish on stocks at record highs</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\">\nBeat the market with this quant system that’s very bullish on stocks at record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 10:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making ...</p>\n\n<a href=\"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/beat-the-market-with-this-quant-system-thats-very-bullish-on-stocks-at-record-highs-11630761531?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157895022","content_text":"Vance Howard’s HCM Tactical Growth Fund moves you in and out of the stock market when prudent to do so. So far his team of computer scientists’ strategy has paid off.\n\nImagine you had a money-making machine to harvest gains in the stock market while you sat back to enjoy life.\nThat’s everyone’s dream, right? Investor Vance Howard thinks he’s found it.\nHoward and his small army of computer programmers atHoward Capital Managementin Roswell, Ga., have a quantitative system that posts great returns.\nHis HCM Tactical Growth Fund HCMGX,+0.35%beats its Russell 1000 benchmark index and large-blend fund category by 8.5-10.4 percentage points annualized over the past five years, according to Morningstar. That is no small feat, and not only because it has to overcome a 2.22% fee. Beating the market is simply not easy. His HCM Dividend Sector PlusHCMQX,-0.05%) and HCM Income PlusHCMLX,+0.30%funds post similar outperformance.\nThere are drawbacks, which I detail below. (Among them: Potentially long stretches of underperformance and regular tax bills.) But first, what can we learn from this winner?\nSo-called quants never share all the details of their proprietary systems, but Howard shares a lot, as you’ll see. And this Texas rancher has a lot of good advice based on “horse sense” — not surprising, given his infectious passion for the markets, and his three decades of experience as a pro.\nHere are five lessons, 12 exchange traded funds (ETFs) and four stocks to consider, from a recent interview with him.\nLesson #1: Don’t be emotional\nIt’s no surprise so many people do poorly in the market. Evolution has programmed us to fail. For survival, we’ve learned to run from things that frightens us. And crave more of things that are pleasurable — like sweets or fats to store calories ahead of what might be a long stretch without food. But in the market, acting on the emotions of fear and greed invariably make us do the wrong thing at the wrong time. Sell at the bottom, buy at the top.\nLikewise, we’re programmed to believe being with the crowd brings safety. If you’re a zebra on the Savanna, you are more likely to get picked off by a predator if you go it alone. The problem here is being part of a crowd — and crowd psychology — dumb us down to a purely emotional level. This is why people in crowds do terrible things they would never do on their own. It doesn’t matter how smart you are. When you join a crowd, you lose a lot of IQ points. Base emotions take over.\nTo do well in the market, you have to counteract these tendencies. “One of the biggest mistakes individual investors and money managers make is getting emotional,” says Howard. “Let your emotions go.”\nLesson #2: Have a system and stick to it\nTo exorcise emotion, have a system. “And don’t second guess it,” says Howard. “This keeps you from letting the pandemic or Afghanistan scare you out of the market.” He calls his system the HCM-BuyLine. It is basically a momentum and trend-following system — which often works well in the markets.\nThe HCM-BuyLine basically works like this. First, rather than use the S&P 500SPX,-0.03%or the Dow Jones Industrial AverageDJIA,-0.21%,Howard blends several stock indices to create his own index. Then he uses a moving average that tells him whether the market is in an uptrend or downtrend.\nWhen the moving average drops 3.5%, he sells 35%. If it drops 6.5%, he sells another 35%. He rarely goes to 100% cash.\n“If the BuyLine is positive, we will stay long no matter what,” he says. “We take all the emotion out of the equation by letting the math decide.”\nRight now, it’s bullish. (More on this below.)\nYour system also has to tell you when to get back in.\n“That’s where most people screw up,” he says. “They get out of the market, and they don’t know when to get back in.” The HCM-BuyLine gives a buy signal when his custom index trades above its moving average for six consecutive sessions, and then goes on to trade above the high hit during those six days.\nYou don’t need a system that calls exact market tops or bottoms. Instead, the BuyLine keeps Howard out of down markets 85% of the time, and in for 85% of the good times.\n“If we can do that consistently, we have superior returns and a less stressful life,” he says. “Being all in during a bad tape is no fun.”\nHis system is slow to get him out of the market, but quick to get him back in. Not even a 10% correction will necessarily move him out. He’s often buying those pullbacks. Getting back in fast makes sense, because recoveries off bottoms tend to happen fast.\n“The HCM-BuyLine takes all the emotion out of the process,” says Howard.\nLesson #3: Don’t fight the tape\nThis concept is one of the core pieces of wisdom from Marty Zweig’s classic book, “Winning on Wall Street.”\n“You have to stay on the right side of market,” agrees Howard. “If you try to trade long in a bad market, it is painful.”\nIn other words, don’t try to be a hero.\n“Sometimes, not losing money is where you want to be,” he says.\nLikewise, don’t turn cautious just because the market hits new highs — like now. You should love new highs, because it is a sign of market strength that may likely endure.\nLesson #4: Keep it simple\nAs you’ll see below, Howard doesn’t use esoteric instruments such as derivatives, swaps or index options. He doesn’t even trade foreign stocks or currencies. This is refreshing for individual investors, because we have a harder time accessing those tools.\n“You don’t have to trade crazy stuff,” he says. “You can trade plain-vanilla ETFs and beat everybody out there.”\nLesson #5: How to trade the current market\nFirst, be long.\n“The HCM-BuyLine is very positive. We are 100% in,” says Howard. “The market is broadening out. It is getting pretty exciting. We do not see it turn around any time soon. We are buying pullbacks.”\nOne bullish signal is all the cash on the sidelines. “If there is any relief in Covid, we may see a big rally. We may end up with a great fall [season].”\nHoward uses momentum indicators to select stocks and ETFs, too. For sectors he favors the following.\nHe likes health care, tradable through the iShares US HealthcareIYH,-0.04%and ProShares Ultra Health CareRXL,+0.12%ETFs. He’s turning more bullish on biotech, which he plays via the iShares Biotechnology ETFIBB,-0.11%.\nHe likes consumer discretionary tradable through the iShares US Consumer ServicesIYC,-0.30%,and airlines via US Global JetsJETS,-1.17%.He also likes tech exposure via the Invesco QQQ TrustQQQ,+0.31%,iShares US TechnologyIYW,+0.50%and iShares SemiconductorSOXX,+0.75%.\nHe likes small-caps via the Vanguard Small-Cap Growth Index FundVBK,+0.07%.And convertible bonds via SPDR Bloomberg Barclays Convertible SecuritiesCWB,+0.64%and iShares Convertible BondICVT,+0.37%.\nAs for individual names, he singles out MicrosoftMSFT,-0.00%and AppleAAPL,+0.42%in tech, as well as Amazon.comAMZN,+0.43%and TeslaTSLA,+0.16%.\nAlso consider Howard’s two ETFs: The HCM Defender 100 IndexQQH,+0.62%and HCM Defender 500 IndexLGH,+1.32%.\nHe prefers to add to holdings on 1%-3% dips.\nA few drawbacks\nHis HCM Tactical Growth fund has a history of posting two-year stretches of underperformance of 1.5% to 8.8%, since it was launched in 2015. The fund then came roaring back to net the very positive five-year outperformance cited above. Investing in his system can require patience.\nEvery manager, including Warren Buffett, can have a stretch of underperformance, says Howard.\n“We are in the odds game,” he says. “Even in the odds game, you can have a bad hand or two thrown at you.”\nAnother challenge is the high turnover, which is 140% a year for Tactical Growth. This means Uncle Sam takes a big cut in the good years. So if you buy Howard’s funds, you may want to do so in a tax-protected account.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891650802,"gmtCreate":1628388104106,"gmtModify":1703505637150,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/891650802","repostId":"1180529438","repostType":4,"repost":{"id":"1180529438","kind":"news","pubTimestamp":1628386129,"share":"https://ttm.financial/m/news/1180529438?lang=&edition=fundamental","pubTime":"2021-08-08 09:28","market":"us","language":"en","title":"SEC Moves First DeFi Unregistered Securities Lawsuit","url":"https://stock-news.laohu8.com/highlight/detail?id=1180529438","media":"Benzinga","summary":"The United States Securities and Exchange Commission  sued the organization responsible for the development of a decentralized finance  protocol over activities involved with the project for the first time.What Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purported","content":"<p>The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project for the first time.</p>\n<p><b>What Happened:</b>&nbsp;According to a Friday SEC&nbsp;announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purportedly sold over $30 million worth of two types of tokens that the SEC deemed to be securities that should have been registered as such.</p>\n<p>The SEC notes that Blockchain Credit Partners&nbsp;founders Gregory Keough and Derek Acree will have to pay fines of $125,000 while the company itself also agreed to pay $12.8 million in disgorgement. The settlement does not indicate an admition or denial&nbsp;the accusations.</p>\n<p><b>New Game, Old Rules?</b></p>\n<p>SEC Enforcement Director Gurbir Grewal explained that \"full and honest disclosure remains the cornerstone of our securities laws — no matter what technologies are used to offer and sell those securities.\" This comment makes it very clear that slapping the DeFi label on a project and hoping to avoid regulation this way works no better than calling it a \"utility token\" prevented falling under the SEC's scrutiny during 2017's initial coin offering craze.</p>\n<p>The SEC is trying to send the clear rule that the new kind of financial organizations that operate on blockchains have to still play by the old rules that govern traditional finance. At the same time, market onlookers are not sure if the regulator is actually right.</p>\n<p>In a way, it is a tour de force where the regulator wins every time it has a way to take enforcement action, but these new organizations potentially have a very real way to make enforcement impossible — or at the very least impractical. The only protection against enforcement by the SEC and other regulators is decentralization and the only reason why the SEC was able to act in this case is that a centralized organization such as Blockchain Credit Partners exists.</p>\n<p><b>What's Next:</b>If no company exists and all that there is to a DeFi protocol is a set of smart contracts deployed on a blockchain by a group of anonymous developers scattered around the world there is very little that the SEC can do short of attacking the blockchain itself. This is where the decentralization of the underlying blockchain comes into play: will the regulators for instance be able to force&nbsp;<b>Ethereum's</b>&nbsp;(CRYPTO: ETH) core development team to write an update stopping such a project?</p>\n<p>If the regulators would actually be able to force the blockchain's developers to write such an update, would node operators and miners or stakers adopt this software or would they refuse to? Such situations will be the real test of the decentralization and reliability of any blockchain that many are waiting to happen. Regulators are seeing power slipping away&nbsp;between their fingers like sand, and they are going to try to grab it.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC Moves First DeFi Unregistered Securities Lawsuit</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\">\nSEC Moves First DeFi Unregistered Securities Lawsuit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-08 09:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180529438","content_text":"The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project for the first time.\nWhat Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purportedly sold over $30 million worth of two types of tokens that the SEC deemed to be securities that should have been registered as such.\nThe SEC notes that Blockchain Credit Partners founders Gregory Keough and Derek Acree will have to pay fines of $125,000 while the company itself also agreed to pay $12.8 million in disgorgement. The settlement does not indicate an admition or denial the accusations.\nNew Game, Old Rules?\nSEC Enforcement Director Gurbir Grewal explained that \"full and honest disclosure remains the cornerstone of our securities laws — no matter what technologies are used to offer and sell those securities.\" This comment makes it very clear that slapping the DeFi label on a project and hoping to avoid regulation this way works no better than calling it a \"utility token\" prevented falling under the SEC's scrutiny during 2017's initial coin offering craze.\nThe SEC is trying to send the clear rule that the new kind of financial organizations that operate on blockchains have to still play by the old rules that govern traditional finance. At the same time, market onlookers are not sure if the regulator is actually right.\nIn a way, it is a tour de force where the regulator wins every time it has a way to take enforcement action, but these new organizations potentially have a very real way to make enforcement impossible — or at the very least impractical. The only protection against enforcement by the SEC and other regulators is decentralization and the only reason why the SEC was able to act in this case is that a centralized organization such as Blockchain Credit Partners exists.\nWhat's Next:If no company exists and all that there is to a DeFi protocol is a set of smart contracts deployed on a blockchain by a group of anonymous developers scattered around the world there is very little that the SEC can do short of attacking the blockchain itself. This is where the decentralization of the underlying blockchain comes into play: will the regulators for instance be able to force Ethereum's (CRYPTO: ETH) core development team to write an update stopping such a project?\nIf the regulators would actually be able to force the blockchain's developers to write such an update, would node operators and miners or stakers adopt this software or would they refuse to? Such situations will be the real test of the decentralization and reliability of any blockchain that many are waiting to happen. Regulators are seeing power slipping away between their fingers like sand, and they are going to try to grab it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178942159,"gmtCreate":1626785537971,"gmtModify":1703765109753,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"LikePls","listText":"LikePls","text":"LikePls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/178942159","repostId":"1110710903","repostType":4,"repost":{"id":"1110710903","kind":"news","pubTimestamp":1626785016,"share":"https://ttm.financial/m/news/1110710903?lang=&edition=fundamental","pubTime":"2021-07-20 20:43","market":"us","language":"en","title":"Panic!? Taco Bell And Starbucks Warn About Shortages","url":"https://stock-news.laohu8.com/highlight/detail?id=1110710903","media":"zerohedge","summary":"Supply chain problems continue to plague the restaurant industry, leading big chains Taco Bell and S","content":"<p>Supply chain problems continue to plague the restaurant industry, leading big chains Taco Bell and Starbucks to warn consumers on Monday that some items may not be available.</p>\n<p>Starbucks told customers on its app that \"due to supply shortages, some items are temporarily unavailable.\"</p>\n<p>That echoed warnings that have persisted at the chain's locations for months. Consumers have complained on social media channels about periodic shortages of items such as green tea.</p>\n<p>At Taco Bell, customers are complaining about a lack of hot sauce. The Mexican fast-food chain's website warns customers that not all items are available at the moment.</p>\n<p><i>\"Sorry if we can't feed your current crave. Due to national ingredient shortages and delivery delays, we may be out of some items,\" an orange banner with bold lettering read on the top of Taco Bell's website.</i></p>\n<p>The company, owned by Louisville, Ky.-based Yum Brands, blamed transportation problems for the shortages.</p>\n<p><i>\"Due to national transportation delays happening throughout most of the industry, we may be temporarily out of some items,\" the company said in a statement. \"Apologies for the inconvenience and we hope to feed fans' current Taco Bell cravings again soon.\"</i></p>\n<p>Restaurants have faced shortages of everything from sauces to pickles to chicken wings in recent months due to a host of issues—including weather problems in Texas and intense demand from consumers coupled with supply limitations.</p>\n<p>But transportation issues have made matters worse. An economywide lack of drivers has made it difficult for companies to deliver goods to their destination.</p>\n<p>Rick Cardenas, president of Olive Garden owner Darden Restaurants, told investors last month that any supply chain issues his company has is over warehousing and transportation problems and not an actual shortage of supplies.</p>\n<p>\"The few spot outages we have are due to warehouse staffing and driver shortages, not product availability,\" Cardenas said, according to a transcript on the financial services site Sentieo.</p>\n<p>* * *</p>\n<p>... and, of course, those who frequent Taco Bell have been all over social media voicing their outrage at how they can't purchase their favorite menu items.</p>\n<p><i>\"Taco Bell employee told me there was a 'national shortage of everything right now,' and I have decided to get my economic news exclusively from drive-thru employees from now on,\" tweeted one patron.</i></p>\n<p><img src=\"https://static.tigerbbs.com/3d5288c106b50a6df5e725de95f2b1ba\" tg-width=\"512\" tg-height=\"261\" referrerpolicy=\"no-referrer\"></p>\n<p>\"Taco Bell has a 'district-wide shortage of hot sauce...times are tough,\" tweeted a customer.</p>\n<p><img src=\"https://static.tigerbbs.com/31d15a425952a4dc5d4ba4f9f225b264\" tg-width=\"510\" tg-height=\"552\" referrerpolicy=\"no-referrer\">Another said:</p>\n<p><img src=\"https://static.tigerbbs.com/41b414c409453a63139c257be29d67e2\" tg-width=\"510\" tg-height=\"259\" referrerpolicy=\"no-referrer\">\"Due to national ingredient shortages and delivery delays, we may be out of some food and beverage items,\" a sign at a Taco Bell drive-thru read.</p>\n<p>Also, a \"shredded cheese shortage\"?</p>\n<p><img src=\"https://static.tigerbbs.com/ff103a977f542c8e06783d7295da19c0\" tg-width=\"517\" tg-height=\"489\" width=\"100%\" height=\"auto\"></p>\n<p>Others say they're \"about to freak out.\"</p>\n<p><img src=\"https://static.tigerbbs.com/0426e68487cbb23f4f395a9464feefda\" tg-width=\"514\" tg-height=\"847\" width=\"100%\" height=\"auto\"></p>\n<p>Rough times in America when consumers are used to the instant gratification of obtaining almost any item or service at their fingertips. Shortages are pushing some to the edge of insanity over petty things, like fast-food tacos.</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>Panic!? Taco Bell And Starbucks Warn About Shortages</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\">\nPanic!? Taco Bell And Starbucks Warn About Shortages\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 20:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/taco-bell-and-starbucks-warn-about-shortages><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Supply chain problems continue to plague the restaurant industry, leading big chains Taco Bell and Starbucks to warn consumers on Monday that some items may not be available.\nStarbucks told customers ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/taco-bell-and-starbucks-warn-about-shortages\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"https://www.zerohedge.com/markets/taco-bell-and-starbucks-warn-about-shortages","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110710903","content_text":"Supply chain problems continue to plague the restaurant industry, leading big chains Taco Bell and Starbucks to warn consumers on Monday that some items may not be available.\nStarbucks told customers on its app that \"due to supply shortages, some items are temporarily unavailable.\"\nThat echoed warnings that have persisted at the chain's locations for months. Consumers have complained on social media channels about periodic shortages of items such as green tea.\nAt Taco Bell, customers are complaining about a lack of hot sauce. The Mexican fast-food chain's website warns customers that not all items are available at the moment.\n\"Sorry if we can't feed your current crave. Due to national ingredient shortages and delivery delays, we may be out of some items,\" an orange banner with bold lettering read on the top of Taco Bell's website.\nThe company, owned by Louisville, Ky.-based Yum Brands, blamed transportation problems for the shortages.\n\"Due to national transportation delays happening throughout most of the industry, we may be temporarily out of some items,\" the company said in a statement. \"Apologies for the inconvenience and we hope to feed fans' current Taco Bell cravings again soon.\"\nRestaurants have faced shortages of everything from sauces to pickles to chicken wings in recent months due to a host of issues—including weather problems in Texas and intense demand from consumers coupled with supply limitations.\nBut transportation issues have made matters worse. An economywide lack of drivers has made it difficult for companies to deliver goods to their destination.\nRick Cardenas, president of Olive Garden owner Darden Restaurants, told investors last month that any supply chain issues his company has is over warehousing and transportation problems and not an actual shortage of supplies.\n\"The few spot outages we have are due to warehouse staffing and driver shortages, not product availability,\" Cardenas said, according to a transcript on the financial services site Sentieo.\n* * *\n... and, of course, those who frequent Taco Bell have been all over social media voicing their outrage at how they can't purchase their favorite menu items.\n\"Taco Bell employee told me there was a 'national shortage of everything right now,' and I have decided to get my economic news exclusively from drive-thru employees from now on,\" tweeted one patron.\n\n\"Taco Bell has a 'district-wide shortage of hot sauce...times are tough,\" tweeted a customer.\nAnother said:\n\"Due to national ingredient shortages and delivery delays, we may be out of some food and beverage items,\" a sign at a Taco Bell drive-thru read.\nAlso, a \"shredded cheese shortage\"?\n\nOthers say they're \"about to freak out.\"\n\nRough times in America when consumers are used to the instant gratification of obtaining almost any item or service at their fingertips. Shortages are pushing some to the edge of insanity over petty things, like fast-food tacos.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881308637,"gmtCreate":1631288611329,"gmtModify":1676530522109,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"LikePls","listText":"LikePls","text":"LikePls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/881308637","repostId":"2166375610","repostType":4,"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819677235,"gmtCreate":1630070396627,"gmtModify":1676530215858,"author":{"id":"3579775660085519","authorId":"3579775660085519","name":"Matt_cjx","avatar":"https://static.tigerbbs.com/caca73862e27552f1ed9c206de3aedd3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579775660085519","authorIdStr":"3579775660085519"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/819677235","repostId":"1184815007","repostType":4,"isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}