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09-10

It's a trap. Nasdaq MU will continue to fall

Golden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip

08-26

Fake news. It will continue to fall

ASML: No Real Reasons For Bulls To Panic

07-30

Can't trust these articles these days. Only direction is down!

Micron Technology, Inc. (MU): Peconic Partners is Bullish on This Stock Now

07-30

Fake news. It will only spiral down

The Tech Wreck Is Likely Over: Higher Prices Should Be Ahead

2023-03-22

Haha

US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus

2023-03-20

Y

Risky Credit Suisse Bond Wipeout Upends $275 Billion Market

2023-01-24

K

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2021-04-25

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Nasdaq MU will continue to fall","listText":"It's a trap. Nasdaq MU will continue to fall","text":"It's a trap. Nasdaq MU will continue to fall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347892997099728","repostId":"2466939911","repostType":2,"repost":{"id":"2466939911","pubTimestamp":1725885000,"share":"https://ttm.financial/m/news/2466939911?lang=&edition=fundamental","pubTime":"2024-09-09 20:30","market":"us","language":"en","title":"Golden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2466939911","media":"Zacks","summary":"September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.The extremely overvalued artificial intelligence  stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.TSM is the largest manufacturer of NVIDIA Corp.’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to Advanced Micro Devices Inc. AMD and Intel Corp. INTC to name a few.","content":"<html><body><p>September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&amp;P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.  </p>\n<p>The extremely overvalued artificial intelligence (AI) stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.</p>\n<p>Three such stocks are: <strong>Taiwan Semiconductor Manufacturing Company Ltd. </strong>TSM, <strong>Micron Technology Inc. </strong>MU and <strong>NetApp Inc.</strong> NTAP. All three stocks currently carry a Zacks Rank #2 (Buy). You can see <strong>the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here</strong>. </p>\n<h2>Is Recession Nearby or a Knee-Jerk Expression? </h2>\n<p>Theoretically a recession means contraction of GDP (negative GDP growth rate) for two consecutive quarters. The U.S. GDP grew at 1.4% in first-quarter 2024. The second reading of second-quarter GDP was 3%. On Sept 4, the Atlanta Fed GDPNow projected a 2.1% GDP growth rate for the third quarter. </p>\n<p>Some soft key economic data over a period of time never indicate a nearby recession. In fact, the Fed was eagerly waiting for these weak economic data, especially labor market data, along with a gradually declining inflation rate, in order to initiate a rate-cut regime. </p>\n<p>Finally, the recent AI turmoil is nothing but profit-taking, especially on the part of institutional investors. Stock markets consist of bull and bear operators. As bulls fly high, bears wait quietly for a suitable time and some reasons to be good enough for profit-booking so that they can reenter the market at a reasonably low level. </p>\n<p>So far, this year, buy-on-the-dip remains the best investment strategy. Every dip in stocks, especially in AI-giants, has resulted in more aggressive returns in a short span. This time too, the same outcome will appear. </p>\n<h2>Three AI-Focused Stocks With Significant Price Upside</h2>\n<h2>Taiwan Semiconductor Manufacturing Co. Ltd.</h2>\n<p>Taiwan Semiconductor has become a new poster boy on the global artificial intelligence (AI) frenzy. TSM is the largest manufacturer of AI-based chipsets for the world’s best AI chipset developers. The company is experiencing solid demand for its advanced technologies, such as 3-nanometer (nm) and 5nm. TSM’s growing efforts to ramp up the production of 3nm and development of 2nm is a plus.</p>\n<p>TSM is the largest manufacturer of <strong>NVIDIA Corp.</strong>’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to <strong>Advanced Micro Devices Inc.</strong> AMD and<strong> Intel Corp. </strong>INTC to name a few. </p>\n<h2>Solid Earnings Estimate Revisions for TSM Stock</h2>\n<p>TSM has an expected revenue and earnings growth rate of 23.6% and 24.5%, respectively, for the current year. The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 30 days.</p>\n<p><img src=\"https://s.yimg.com/uu/api/res/1.2/u30VADam2vec.M1RcGDjzQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/4dd0e622d148cd62a25d04601ba507bc\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Huge Price Upside Potential for TSM Shares</h2>\n<p>The stock price of Taiwan Semiconductor has jumped 50.8% year to date. In the past month shares have fallen 4.7%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 25.1% from the last closing price of $156.82. The brokerage target price is currently in the range of $170-$250.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/ZB15PBNdTXGebrQZoWUozw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/a3b92fcc310f747b811525f6c940b0a3\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Micron Technology Inc.</h2>\n<p>Micron Technology has been benefiting from the enormous growth of AI applications that boosted demand for its high bandwidth memory chips. MU is a major producer of memory chips used in NVIDIA’s GPUs. MU is benefiting from improved market conditions, robust sales executions and strong growth across multiple business units.</p>\n<p>Micron Technology anticipates the pricing of DRAM and NAND chips to increase, thereby improving its revenues. The pricing benefits will primarily be driven by rising AI servers, causing a scarcity in the availability of cutting-edge DRAM and NAND supplies. Also, 5G adoption in IoT devices and wireless infrastructure will spur demand for memory and storage.</p>\n<h2>Strong Earnings Estimate Revisions for MU Stock</h2>\n<p>MU has an expected revenue and earnings growth rate of 57% and more than 100%, respectively, for the current year (ending August 2025). The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 60 days.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/1zHWFkF5N_nMUX1Q32TpsQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/e1821368c6fc204498debd190b2882cb\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Tremendous Price Upside Potential for MU Shares</h2>\n<p>The stock price of Micron Technology has advanced a meager 1.3% year to date. In the past month shares have fallen 6.2%. Despite this, the short-term average price target of brokerage firms for the stock represents a jump of 80% from the last closing price of $86.38. The brokerage target price is currently in the range of $100-$225.</p>\n<p><img src=\"https://s.yimg.com/uu/api/res/1.2/congqZTSIdTxVUUQFq3NBw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/6e8cf3856fdd51726289bc7e2e836e20\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>NetApp Inc.</h2>\n<p>NetApp’s performance is being driven by demand across the all-flash and cloud storage portfolio. In the fourth quarter of 2024, all-Flash Array Business’ annualized revenue run rate was $3.6 billion, up 17% year over year. </p>\n<p>NetApp expects its expertise in tackling critical customer priorities, such as AI, business analytics, cloud transitions, data security and application modernization, to drive expansion. The enterprise storage products of NTAP will allow users to boost their workload including traditional enterprise applications and generative AI. </p>\n<h2>Robust Earnings Estimate Revisions for NTAP Stock</h2>\n<p>NTAP has an expected revenue and earnings growth rate of 4.9% and 8.8%, respectively, for the current year (ending April 2025). The Zacks Consensus Estimate for the current-quarter, next-quarter, current-year and next-year earnings has improved over the last 30 days.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/kZRpH3mp02vhVKTFJfi0Sw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/3dacd1e43a017861a97fa474b06cf247\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Attractive Price Upside Potential for NTAP Shares</h2>\n<p>The stock price of NetApp has climbed 29.6% year to date. In the past month shares have fallen 4.2%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 13.3% from the last closing price of $114.18. The brokerage target price is currently in the range of $108-$155.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/taP1usiTyLGZAXKJcse0AA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/e2b68efd378f35df84fb63b32fa13bd6\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<p>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report</p>\n<p>Intel Corporation (INTC) : Free Stock Analysis Report</p>\n<p>Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report</p>\n<p>NetApp, Inc. (NTAP) : Free Stock Analysis Report</p>\n<p>Micron Technology, Inc. (MU) : Free Stock Analysis Report</p>\n<p>NVIDIA Corporation (NVDA) : Free Stock Analysis Report</p>\n<p>Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report</p>\n<p>To read this article on Zacks.com click here.</p>\n<p>Zacks Investment Research</p></body></html>","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>Golden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip</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\">\nGolden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-09 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four...</p>\n\n<a href=\"https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/as5m4_sYhwbum22y4k2zVQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d43cb7b76527c97c59494165d3dffeae","relate_stocks":{"LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","MU":"美光科技","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","2NVD.UK":"2X NVIDIA ETP","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU0109392836.USD":"富兰克林科技股A","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","TSM":"台积电","BK4529":"IDC概念","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","03145":"华夏亚洲高息股","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","L":"洛斯公司","BK4533":"AQR资本管理(全球第二大对冲基金)","COMP":"Compass, Inc.","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4527":"明星科技股","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","NTAP":"美国网存","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","BK4526":"热门中概股","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","3NVD.UK":"LS 3X NVIDIA","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","BK4551":"寇图资本持仓"},"source_url":"https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2466939911","content_text":"September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.  \nThe extremely overvalued artificial intelligence (AI) stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.\nThree such stocks are: Taiwan Semiconductor Manufacturing Company Ltd. TSM, Micron Technology Inc. MU and NetApp Inc. NTAP. All three stocks currently carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. \nIs Recession Nearby or a Knee-Jerk Expression? \nTheoretically a recession means contraction of GDP (negative GDP growth rate) for two consecutive quarters. The U.S. GDP grew at 1.4% in first-quarter 2024. The second reading of second-quarter GDP was 3%. On Sept 4, the Atlanta Fed GDPNow projected a 2.1% GDP growth rate for the third quarter. \nSome soft key economic data over a period of time never indicate a nearby recession. In fact, the Fed was eagerly waiting for these weak economic data, especially labor market data, along with a gradually declining inflation rate, in order to initiate a rate-cut regime. \nFinally, the recent AI turmoil is nothing but profit-taking, especially on the part of institutional investors. Stock markets consist of bull and bear operators. As bulls fly high, bears wait quietly for a suitable time and some reasons to be good enough for profit-booking so that they can reenter the market at a reasonably low level. \nSo far, this year, buy-on-the-dip remains the best investment strategy. Every dip in stocks, especially in AI-giants, has resulted in more aggressive returns in a short span. This time too, the same outcome will appear. \nThree AI-Focused Stocks With Significant Price Upside\nTaiwan Semiconductor Manufacturing Co. Ltd.\nTaiwan Semiconductor has become a new poster boy on the global artificial intelligence (AI) frenzy. TSM is the largest manufacturer of AI-based chipsets for the world’s best AI chipset developers. The company is experiencing solid demand for its advanced technologies, such as 3-nanometer (nm) and 5nm. TSM’s growing efforts to ramp up the production of 3nm and development of 2nm is a plus.\nTSM is the largest manufacturer of NVIDIA Corp.’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to Advanced Micro Devices Inc. AMD and Intel Corp. INTC to name a few. \nSolid Earnings Estimate Revisions for TSM Stock\nTSM has an expected revenue and earnings growth rate of 23.6% and 24.5%, respectively, for the current year. The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 30 days.\nImage Source: Zacks Investment Research\nHuge Price Upside Potential for TSM Shares\nThe stock price of Taiwan Semiconductor has jumped 50.8% year to date. In the past month shares have fallen 4.7%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 25.1% from the last closing price of $156.82. The brokerage target price is currently in the range of $170-$250.\nImage Source: Zacks Investment Research\nMicron Technology Inc.\nMicron Technology has been benefiting from the enormous growth of AI applications that boosted demand for its high bandwidth memory chips. MU is a major producer of memory chips used in NVIDIA’s GPUs. MU is benefiting from improved market conditions, robust sales executions and strong growth across multiple business units.\nMicron Technology anticipates the pricing of DRAM and NAND chips to increase, thereby improving its revenues. The pricing benefits will primarily be driven by rising AI servers, causing a scarcity in the availability of cutting-edge DRAM and NAND supplies. Also, 5G adoption in IoT devices and wireless infrastructure will spur demand for memory and storage.\nStrong Earnings Estimate Revisions for MU Stock\nMU has an expected revenue and earnings growth rate of 57% and more than 100%, respectively, for the current year (ending August 2025). The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 60 days.\nImage Source: Zacks Investment Research\nTremendous Price Upside Potential for MU Shares\nThe stock price of Micron Technology has advanced a meager 1.3% year to date. In the past month shares have fallen 6.2%. Despite this, the short-term average price target of brokerage firms for the stock represents a jump of 80% from the last closing price of $86.38. The brokerage target price is currently in the range of $100-$225.\nImage Source: Zacks Investment Research\nNetApp Inc.\nNetApp’s performance is being driven by demand across the all-flash and cloud storage portfolio. In the fourth quarter of 2024, all-Flash Array Business’ annualized revenue run rate was $3.6 billion, up 17% year over year. \nNetApp expects its expertise in tackling critical customer priorities, such as AI, business analytics, cloud transitions, data security and application modernization, to drive expansion. The enterprise storage products of NTAP will allow users to boost their workload including traditional enterprise applications and generative AI. \nRobust Earnings Estimate Revisions for NTAP Stock\nNTAP has an expected revenue and earnings growth rate of 4.9% and 8.8%, respectively, for the current year (ending April 2025). The Zacks Consensus Estimate for the current-quarter, next-quarter, current-year and next-year earnings has improved over the last 30 days.\nImage Source: Zacks Investment Research\nAttractive Price Upside Potential for NTAP Shares\nThe stock price of NetApp has climbed 29.6% year to date. In the past month shares have fallen 4.2%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 13.3% from the last closing price of $114.18. The brokerage target price is currently in the range of $108-$155.\nImage Source: Zacks Investment Research\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nIntel Corporation (INTC) : Free Stock Analysis Report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nNetApp, Inc. (NTAP) : Free Stock Analysis Report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nTaiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342732184690904,"gmtCreate":1724681475512,"gmtModify":1724681479153,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581643766897530","idStr":"3581643766897530"},"themes":[],"htmlText":"Fake news. It will continue to fall","listText":"Fake news. It will continue to fall","text":"Fake news. It will continue to fall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342732184690904","repostId":"2462913768","repostType":2,"repost":{"id":"2462913768","pubTimestamp":1724679419,"share":"https://ttm.financial/m/news/2462913768?lang=&edition=fundamental","pubTime":"2024-08-26 21:36","market":"sh","language":"en","title":"ASML: No Real Reasons For Bulls To Panic","url":"https://stock-news.laohu8.com/highlight/detail?id=2462913768","media":"seekingalpha","summary":"ASML investors endured a brutal bear market recently. Is the rally really over?","content":"<html><body><ul><li>ASML investors endured a brutal bear market recently. Is the rally really over?</li><li>ASML is the undisputed EUV leader, benefiting from the surge in AI infrastructure investments.</li><li>The Dutch company could see topline growth returning in 2025 as it laps a transition year.</li><li>Geopolitical risks due to its China exposure could hinder a more robust valuation re-rating.</li><li>I explain why the recent bear market has provided another solid opportunity for long-term investors to buy more. Here's why.</li></ul><p><figure><picture><img fetchpriority=\"high\" height=\"1024px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w240 240w\" width=\"1536px\"/></picture><figcaption><p>Pixelbizz/iStock Editorial via Getty Images</p></figcaption></figure></p> <h2>ASML: Brutal Bear Market, But Don't Fear</h2> <p>ASML Holding (<span>NASDAQ:ASML</span>) investors have endured a brutal summer, as ASML stock topped out in early July 2024 before collapsing over 30% through its August lows. However, robust dip-buying sentiment has<span> been assessed above the $750 level as investors bet on a turnaround in the stock.</span></p> <p>In my bullish ASML article in June 2024, I updated that its breakout rally seemed imminent. While the breakout arrived, it quickly fizzled out as semiconductor investors considered the sustainability of the AI upcycle. In addition, the unwinding of the yen carry trade in early August intensified the pain of ASML's outward rotation. Notwithstanding its recent recovery, the stock remains almost 20% below its July highs, suggesting a significant level of caution is still observed.</p> <p>With the S&amp;P 500 (SP500) closing<span> in against its all-time highs, is the rally for ASML over as investors reassess Nvidia's (</span>NVDA<span>) upcoming earnings release this week? There's no doubt that </span>Nvidia's earnings will be closely scrutinized<span> to ascertain whether AI infrastructure stocks can continue their spectacular run.</span></p> <h2>ASML Rides The AI Infrastructure Tailwinds</h2> <p>As the provider of EUV lithography machines, ASML has a stranglehold over the supply of AI chipmaking equipment for leading-edge foundries like TSMC (TSM). Samsung (OTCPK:SSNLF) and Intel (INTC) have also attempted to catch up with the Taiwanese foundry leader, which should spur an EUV arms race as we transition into the High NA era. As a reminder, ASML emphasized that \"High NA will enable an almost three-time increase in transistor density relative to the Low NA system.\" In addition, the ASP for its High NA systems cost \"north of EUR350M\" each. Consequently, I assess the significant potential for the EUV leader to benefit from the AI arms race as hyperscalers and big tech invest more aggressively to maintain their leadership edge.</p> <p>Based on recent big tech earnings, it has become increasingly clear that big tech views AI as a fundamental underpinning to its growth strategy. It also views it through a long-term lens, expressing confidence in the potentially lasting impact of investing ahead of the curve or risking falling behind its peers.</p> <p>Therefore, I believe ASML is well-positioned to capitalize on the underlying AI growth drivers, benefiting its key foundry customers. Given the announced reduction in CapEx investments, Intel's foundry roadmap could be affected. Therefore, some investors could be concerned whether Intel's delay/reductions could affect the ramp-up of its foundry investments, potentially slowing the revenue conversion for ASML.</p> <p>Accordingly, ASML expects 2024 to be a \"transition\" year, as it expects to achieve a midpoint revenue of between EUR30B and EUR40B in 2025. In addition, the company has continued to record strong bookings, resulting in a total backlog of EUR39B in Q2. As a result, I believe it provides substantial clarity into the company's 2025 revenue conversion prospects, potentially lowering the execution risks.</p> <p>In addition, the ramp-up in AI memory demand through HBM memory solutions is also expected to provide further tailwinds for ASML. As Samsung and Micron (MU) compete against SK Hynix in the HBM space, it should spur another race to become Nvidia's preferred HBM supplier. Therefore, I assess that ASML's ability to capitalize on the AI logic and memory growth drivers should mitigate the transition risks as its customers move toward High NA models subsequently.</p> <h2>ASML Anticipates 2025 To Be Solid</h2> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/8/26/51630113-17246502776908267.jpg\"/></span></picture><figcaption><p>ASML estimates (TIKR)</p></figcaption></figure></p> <p>As seen above, ASML's revenue growth is expected to see an inflection from 2025, aligned with management's confident commentary and outlook. The robust downstream demand from the hyperscalers and big tech has afforded more clarity to ASML's projections. While a normalization could occur from 2026, a potentially more aggressive AI investment cadence could help mitigate some of the assessed growth normalization impact. Furthermore, AI factories could be the next growth vector not encapsulated in the current forecasts as enterprise customers and smaller data centers broaden their AI adoption.</p> <p>However, ASML is still susceptible to US export restrictions on chips, which could hobble its sales to Chinese customers. Despite that, the recent announcement that ASML could be exempt from more harsh restrictions has helped ease investor concerns. Notably, China sales have lifted ASML's prospects, accounting for 49% of net system sales in Q2.</p> <p>China is assessed to be stockpiling chip equipment in anticipation of more draconian rules as a new administration takes over from the outgoing Biden administration in early 2025. Therefore, I assess that unless the market anticipates a significant deterioration in China-related sales due to more draconian restrictions, China is still expected to be a tailwind for ASML.</p> <h2>Is ASML Stock A Buy, Sell, Or Hold?</h2> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/8/26/51630113-17246511079904816.png\"/></span></picture><figcaption><p>ASML price chart (weekly, medium-term, adjusted for dividends) (TradingView)</p></figcaption></figure></p> <p>ASML fell into a bear market over the past month but saw robust buying support above the $750 level as buyers returned aggressively. ASML's \"B\" momentum grade corroborates my conviction, although the selling intensity took some shine off its previous rally.</p> <p>However, ASML's forward-adjusted PEG ratio of 1.9 is aligned with its sector median of 1.92. It's also broadly consistent with its 5Y average of 1.83, suggesting the stock doesn't seem to be overvalued, considering its fundamentally strong thesis.</p> <p>The stock's \"A+\" profitability grade underpins my bullish proposition. I suggest investors consider joining the dip-buyers in early August and betting on a further rally in the stock.</p> <h2>Risks To ASML's Bullish Thesis</h2> <p>ASML is still priced for growth, as seen with its \"A-\" growth grade. Therefore, a marked slowdown in AI infrastructure investments could have an outsized impact on its forward bookings, resulting in a worse-than-anticipated deceleration in revenue growth.</p> <p>China remains a significant geopolitical headwind, potentially facing more uncertainties as a new administration assumes power in early 2025. While ASML's leading-edge equipment sales should help mitigate a slowdown in the Chinese market, it could also lead to a valuation de-rating in ASML.</p> <p><em>Rating: Maintain Buy.</em></p> <p><em>Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified.</em></p> <p><strong>I Want To Hear From You</strong></p> <p>Have constructive commentary to improve our thesis? Spotted a critical gap in our view? Saw something important that we didn't? Agree or disagree? Comment below with the aim of helping everyone in the community to learn better!</p> <div></div> <p>Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASML: No Real Reasons For Bulls To Panic</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\">\nASML: No Real Reasons For Bulls To Panic\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-26 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4717080-asml-no-real-reasons-for-bulls-to-panic><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ASML investors endured a brutal bear market recently. Is the rally really over?ASML is the undisputed EUV leader, benefiting from the surge in AI infrastructure investments.The Dutch company could see...</p>\n\n<a href=\"https://seekingalpha.com/article/4717080-asml-no-real-reasons-for-bulls-to-panic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg","relate_stocks":{"TSM":"台积电","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4566":"资本集团","03165":"华夏欧优股对冲","INTC":"英特尔","BK4147":"半导体设备","SSNLF":"三星电子","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","BK4550":"红杉资本持仓","LU0541502299.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"I\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","ASML":"阿斯麦","MU":"美光科技","03145":"华夏亚洲高息股","NVDA":"英伟达","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4512":"苹果概念","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4549":"软银资本持仓","LU1868837565.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"1\" (USD) ACC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","BK4548":"巴美列捷福持仓","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","BK4554":"元宇宙及AR概念","LU1211504680.USD":"ALLIANZ HIGH DIVIDEND ASIA PACIFIC EQUITY \"AM\" (USD) INC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4553":"喜马拉雅资本持仓","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4567":"ESG概念","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC"},"source_url":"https://seekingalpha.com/article/4717080-asml-no-real-reasons-for-bulls-to-panic","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2462913768","content_text":"ASML investors endured a brutal bear market recently. Is the rally really over?ASML is the undisputed EUV leader, benefiting from the surge in AI infrastructure investments.The Dutch company could see topline growth returning in 2025 as it laps a transition year.Geopolitical risks due to its China exposure could hinder a more robust valuation re-rating.I explain why the recent bear market has provided another solid opportunity for long-term investors to buy more. Here's why.Pixelbizz/iStock Editorial via Getty Images ASML: Brutal Bear Market, But Don't Fear ASML Holding (NASDAQ:ASML) investors have endured a brutal summer, as ASML stock topped out in early July 2024 before collapsing over 30% through its August lows. However, robust dip-buying sentiment has been assessed above the $750 level as investors bet on a turnaround in the stock. In my bullish ASML article in June 2024, I updated that its breakout rally seemed imminent. While the breakout arrived, it quickly fizzled out as semiconductor investors considered the sustainability of the AI upcycle. In addition, the unwinding of the yen carry trade in early August intensified the pain of ASML's outward rotation. Notwithstanding its recent recovery, the stock remains almost 20% below its July highs, suggesting a significant level of caution is still observed. With the S&P 500 (SP500) closing in against its all-time highs, is the rally for ASML over as investors reassess Nvidia's (NVDA) upcoming earnings release this week? There's no doubt that Nvidia's earnings will be closely scrutinized to ascertain whether AI infrastructure stocks can continue their spectacular run. ASML Rides The AI Infrastructure Tailwinds As the provider of EUV lithography machines, ASML has a stranglehold over the supply of AI chipmaking equipment for leading-edge foundries like TSMC (TSM). Samsung (OTCPK:SSNLF) and Intel (INTC) have also attempted to catch up with the Taiwanese foundry leader, which should spur an EUV arms race as we transition into the High NA era. As a reminder, ASML emphasized that \"High NA will enable an almost three-time increase in transistor density relative to the Low NA system.\" In addition, the ASP for its High NA systems cost \"north of EUR350M\" each. Consequently, I assess the significant potential for the EUV leader to benefit from the AI arms race as hyperscalers and big tech invest more aggressively to maintain their leadership edge. Based on recent big tech earnings, it has become increasingly clear that big tech views AI as a fundamental underpinning to its growth strategy. It also views it through a long-term lens, expressing confidence in the potentially lasting impact of investing ahead of the curve or risking falling behind its peers. Therefore, I believe ASML is well-positioned to capitalize on the underlying AI growth drivers, benefiting its key foundry customers. Given the announced reduction in CapEx investments, Intel's foundry roadmap could be affected. Therefore, some investors could be concerned whether Intel's delay/reductions could affect the ramp-up of its foundry investments, potentially slowing the revenue conversion for ASML. Accordingly, ASML expects 2024 to be a \"transition\" year, as it expects to achieve a midpoint revenue of between EUR30B and EUR40B in 2025. In addition, the company has continued to record strong bookings, resulting in a total backlog of EUR39B in Q2. As a result, I believe it provides substantial clarity into the company's 2025 revenue conversion prospects, potentially lowering the execution risks. In addition, the ramp-up in AI memory demand through HBM memory solutions is also expected to provide further tailwinds for ASML. As Samsung and Micron (MU) compete against SK Hynix in the HBM space, it should spur another race to become Nvidia's preferred HBM supplier. Therefore, I assess that ASML's ability to capitalize on the AI logic and memory growth drivers should mitigate the transition risks as its customers move toward High NA models subsequently. ASML Anticipates 2025 To Be Solid ASML estimates (TIKR) As seen above, ASML's revenue growth is expected to see an inflection from 2025, aligned with management's confident commentary and outlook. The robust downstream demand from the hyperscalers and big tech has afforded more clarity to ASML's projections. While a normalization could occur from 2026, a potentially more aggressive AI investment cadence could help mitigate some of the assessed growth normalization impact. Furthermore, AI factories could be the next growth vector not encapsulated in the current forecasts as enterprise customers and smaller data centers broaden their AI adoption. However, ASML is still susceptible to US export restrictions on chips, which could hobble its sales to Chinese customers. Despite that, the recent announcement that ASML could be exempt from more harsh restrictions has helped ease investor concerns. Notably, China sales have lifted ASML's prospects, accounting for 49% of net system sales in Q2. China is assessed to be stockpiling chip equipment in anticipation of more draconian rules as a new administration takes over from the outgoing Biden administration in early 2025. Therefore, I assess that unless the market anticipates a significant deterioration in China-related sales due to more draconian restrictions, China is still expected to be a tailwind for ASML. Is ASML Stock A Buy, Sell, Or Hold? ASML price chart (weekly, medium-term, adjusted for dividends) (TradingView) ASML fell into a bear market over the past month but saw robust buying support above the $750 level as buyers returned aggressively. ASML's \"B\" momentum grade corroborates my conviction, although the selling intensity took some shine off its previous rally. However, ASML's forward-adjusted PEG ratio of 1.9 is aligned with its sector median of 1.92. It's also broadly consistent with its 5Y average of 1.83, suggesting the stock doesn't seem to be overvalued, considering its fundamentally strong thesis. The stock's \"A+\" profitability grade underpins my bullish proposition. I suggest investors consider joining the dip-buyers in early August and betting on a further rally in the stock. Risks To ASML's Bullish Thesis ASML is still priced for growth, as seen with its \"A-\" growth grade. Therefore, a marked slowdown in AI infrastructure investments could have an outsized impact on its forward bookings, resulting in a worse-than-anticipated deceleration in revenue growth. China remains a significant geopolitical headwind, potentially facing more uncertainties as a new administration assumes power in early 2025. While ASML's leading-edge equipment sales should help mitigate a slowdown in the Chinese market, it could also lead to a valuation de-rating in ASML. Rating: Maintain Buy. Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified. I Want To Hear From You Have constructive commentary to improve our thesis? Spotted a critical gap in our view? Saw something important that we didn't? Agree or disagree? Comment below with the aim of helping everyone in the community to learn better!  Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333088448262248,"gmtCreate":1722348463080,"gmtModify":1722348467048,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581643766897530","idStr":"3581643766897530"},"themes":[],"htmlText":"Can't trust these articles these days. Only direction is down!","listText":"Can't trust these articles these days. Only direction is down!","text":"Can't trust these articles these days. Only direction is down!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333088448262248","repostId":"2455459106","repostType":2,"repost":{"id":"2455459106","pubTimestamp":1722294558,"share":"https://ttm.financial/m/news/2455459106?lang=&edition=fundamental","pubTime":"2024-07-30 07:09","market":"us","language":"en","title":"Micron Technology, Inc. (MU): Peconic Partners is Bullish on This Stock Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2455459106","media":"Insider Monkey","summary":"We recently compiled a list of the 191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks. In this article, we are going to take a look at where Micron Technology, Inc.  stands against the other stocks.Established in 1997, Peconic Partners is a hedge fund manager based in New York, under the leadership of William Harnisch. The firm manages both its capital and that of its clients, using long/short equity hedge fund strategies. It also follows a thematic investment approach with a structured and consistent methodology, aiming to achieve positive returns over the long term regardless of market conditions.Peconic Partners's stock selection approach is driven by its deep experience. The Peconic Partners investment strategy has a history spanning over 40 years, originating with its predecessor firm. Peconic Partners' long-term track record, history of capital appreciation, and past ability to generate alpha are testaments to the vision, insight, and patience derived from their experien","content":"<html><body><p>We recently compiled a list of the <strong>191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks</strong>. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other stocks.</p>\n<p>Established in 1997, Peconic Partners is a hedge fund manager based in New York, under the leadership of William Harnisch. The firm manages both its capital and that of its clients, using long/short equity hedge fund strategies. It also follows a thematic investment approach with a structured and consistent methodology, aiming to achieve positive returns over the long term regardless of market conditions.</p>\n<p>Peconic Partners's stock selection approach is driven by its deep experience. The Peconic Partners investment strategy has a history spanning over 40 years, originating with its predecessor firm. Peconic Partners' long-term track record, history of capital appreciation, and past ability to generate alpha are testaments to the vision, insight, and patience derived from their experience.</p>\n<p>William Harnisch is the Chief Investment Strategist at Peconic Partners. He managed Peconic Partners from the late 1970s until 1997 when the long-only business was sold to a privately-held financial services firm aiming to expand its asset management business. However, William Harnisch and his partners retained exclusive ownership of the hedge business. In December 2004, he and the current Peconic team formed Peconic Partners, continuing the successful and disciplined hedge fund strategy practiced since the late 1970s.</p>\n<p>Mr. Harnisch's career began in 1968 at Chase Manhattan Bank. He later joined Forstmann-Leff Associates (FLA), managing assets exceeding $5 billion and entering the hedge fund business in 1986. In 1997, he sold FLA's long-only business and in 2004, he founded Peconic Partners to concentrate on hedged products. William Harnisch holds a B.B.A. from Baruch College and is a Chartered Financial Analyst. He is active in philanthropy through the William F. Harnisch Foundation and is a board member of the Baruch College Fund. His market insights have been featured in the Wall Street Journal and Barron’s.</p>\n<p>In 2023, Peconic Partners LLC regained the top spot on HedgeFollow's Top 20 Best Performing Hedge Funds list. Despite challenges like rising inflation and market volatility, Peconic Partners delivered a remarkable 191.50% performance over three years. This achievement is significant as many money managers struggled during a surprising market rally. While only 38% of large-cap mutual funds beat the market in 2023, and long-short hedge funds saw minimal gains, Peconic Partners excelled. For the fourth year in a row, the New York-based fund achieved an annual gain of 38%, three times higher than the S&amp;P 500’s performance.</p>\n<p>In late December of 2023, Mr. Harnisch increased bets against the SPDR S&amp;P 500 ETF Trust and took short positions in expensive industrial stocks and consumer-product makers that have raised prices aggressively. This caused the fund's net leverage to decrease from 50% to 33% in a few weeks, and it has continued to drop in early 2024.</p>\n<p><em><strong>Our Methodology</strong></em></p>\n<p>The companies mentioned in this article come from Peconic Hedge Fund's top 10 stock picks at the end of the first quarter of 2024. To give readers a thorough understanding of these companies, we've included analyst ratings and other relevant details. We also mention the number of hedge fund investors in each company. Why focus on the stocks that hedge funds invest in? Our research shows that mimicking the top picks of the best hedge funds can lead to market-beating returns. Our quarterly newsletter's strategy, which selects 14 small-cap and large-cap stocks each quarter, has returned 275% since May 2014, outperforming its benchmark by 150 percentage points. (<strong>see more details here</strong>)</p>\n<img height=\"816\" src=\"https://s.yimg.com/uu/api/res/1.2/Gc4T_wfef3fvoTlKk1hNEg--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/cece14d8df3ff9750f89999715c2f4bb\" width=\"1456\"/> A close-up view of a computer motherboard with integrated semiconductor chips. \n<h3>Micron Technology, Inc. (NASDAQ:MU)</h3>\n<p><em><strong>Number of Hedge Fund Holders:\n    115</strong></em></p>\n<p>Micron Technology, Inc. (NASDAQ:MU) ranks 4th in Peconic Hedge Fund's top 10 stock picks. According to regulatory filings for the first quarter of 2024, Peconic Partners owned 775,000 shares of Micron Technology, Inc. (NASDAQ:MU), worth $91,364,750, representing 4.05% of their portfolio. Micron Technology, Inc. (NASDAQ:MU) is enjoying increased profitability thanks to strong demand for its memory and storage products. Micron Technology, Inc. (NASDAQ:MU) exceeded profit expectations for Q3 2024, with sales surging, and plans to boost capital expenditures to meet this demand.</p>\n<p>Financial researcher On the Pulse stated that Micron Technology, Inc. (NASDAQ:MU)'s stock is undervalued, trading at less than 13.9 times its earnings, and has the potential for substantial sales growth in 2025.</p>\n<p>ClearBridge Value Equity Strategy stated the following regarding Micron Technology, Inc. (NASDAQ:MU) in its Q2 2024 investor letter:</p>\n<blockquote>\n<p>“Stock selection in the IT sector proved to be the largest contributor to performance, particularly driven by the strong performance of <strong>Micron Technology, Inc.</strong> (NASDAQ:MU) The company, which designs, develops, manufactures and sells memory and storage products, continued its strong performance alongside other AI beneficiaries as the anticipated demand for new and additional storage essential for housing and training large language AI models continues to grow.”</p>\n</blockquote>\n<p>Overall MU <strong>ranks 4th</strong> on our list of Peconic Partners' top 10 stock picks. You can visit <strong>191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks</strong><strong> </strong>to see the other stocks that are on hedge funds’ radar. While we recognize MU's potential as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than MU but that trades at less than 5 times its earnings, check out our report about the<strong> cheapest AI stock</strong>.</p>   \n<p><strong>READ NEXT: Analyst Sees a New $25 Billion “Opportunity” for NVIDIA and Jim Cramer is Recommending These 10 Stocks in June.</strong></p>   \n<p>Disclosure: None. This article is originally published at Insider Monkey.</p></body></html>","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>Micron Technology, Inc. (MU): Peconic Partners is Bullish on This Stock Now</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\">\nMicron Technology, Inc. (MU): Peconic Partners is Bullish on This Stock Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-30 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/micron-technology-inc-mu-peconic-230918936.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the 191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against...</p>\n\n<a href=\"https://finance.yahoo.com/news/micron-technology-inc-mu-peconic-230918936.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/WV1rZpZVZ5.vOErnVRlVLA--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/cece14d8df3ff9750f89999715c2f4bb","relate_stocks":{"IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","PSQ":"纳指反向ETF","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4512":"苹果概念",".IXIC":"NASDAQ Composite","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","BK4585":"ETF&股票定投概念","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4575":"芯片概念","QID":"纳指两倍做空ETF","MU":"美光科技","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4527":"明星科技股","BK4579":"人工智能","LU0082616367.USD":"摩根大通美国科技A（dist）","SQQQ":"纳指三倍做空ETF","BK4588":"碎股","BK4141":"半导体产品","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","TQQQ":"纳指三倍做多ETF","QLD":"纳指两倍做多ETF","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC"},"source_url":"https://finance.yahoo.com/news/micron-technology-inc-mu-peconic-230918936.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2455459106","content_text":"We recently compiled a list of the 191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other stocks.\nEstablished in 1997, Peconic Partners is a hedge fund manager based in New York, under the leadership of William Harnisch. The firm manages both its capital and that of its clients, using long/short equity hedge fund strategies. It also follows a thematic investment approach with a structured and consistent methodology, aiming to achieve positive returns over the long term regardless of market conditions.\nPeconic Partners's stock selection approach is driven by its deep experience. The Peconic Partners investment strategy has a history spanning over 40 years, originating with its predecessor firm. Peconic Partners' long-term track record, history of capital appreciation, and past ability to generate alpha are testaments to the vision, insight, and patience derived from their experience.\nWilliam Harnisch is the Chief Investment Strategist at Peconic Partners. He managed Peconic Partners from the late 1970s until 1997 when the long-only business was sold to a privately-held financial services firm aiming to expand its asset management business. However, William Harnisch and his partners retained exclusive ownership of the hedge business. In December 2004, he and the current Peconic team formed Peconic Partners, continuing the successful and disciplined hedge fund strategy practiced since the late 1970s.\nMr. Harnisch's career began in 1968 at Chase Manhattan Bank. He later joined Forstmann-Leff Associates (FLA), managing assets exceeding $5 billion and entering the hedge fund business in 1986. In 1997, he sold FLA's long-only business and in 2004, he founded Peconic Partners to concentrate on hedged products. William Harnisch holds a B.B.A. from Baruch College and is a Chartered Financial Analyst. He is active in philanthropy through the William F. Harnisch Foundation and is a board member of the Baruch College Fund. His market insights have been featured in the Wall Street Journal and Barron’s.\nIn 2023, Peconic Partners LLC regained the top spot on HedgeFollow's Top 20 Best Performing Hedge Funds list. Despite challenges like rising inflation and market volatility, Peconic Partners delivered a remarkable 191.50% performance over three years. This achievement is significant as many money managers struggled during a surprising market rally. While only 38% of large-cap mutual funds beat the market in 2023, and long-short hedge funds saw minimal gains, Peconic Partners excelled. For the fourth year in a row, the New York-based fund achieved an annual gain of 38%, three times higher than the S&P 500’s performance.\nIn late December of 2023, Mr. Harnisch increased bets against the SPDR S&P 500 ETF Trust and took short positions in expensive industrial stocks and consumer-product makers that have raised prices aggressively. This caused the fund's net leverage to decrease from 50% to 33% in a few weeks, and it has continued to drop in early 2024.\nOur Methodology\nThe companies mentioned in this article come from Peconic Hedge Fund's top 10 stock picks at the end of the first quarter of 2024. To give readers a thorough understanding of these companies, we've included analyst ratings and other relevant details. We also mention the number of hedge fund investors in each company. Why focus on the stocks that hedge funds invest in? Our research shows that mimicking the top picks of the best hedge funds can lead to market-beating returns. Our quarterly newsletter's strategy, which selects 14 small-cap and large-cap stocks each quarter, has returned 275% since May 2014, outperforming its benchmark by 150 percentage points. (see more details here)\n A close-up view of a computer motherboard with integrated semiconductor chips. \nMicron Technology, Inc. (NASDAQ:MU)\nNumber of Hedge Fund Holders:\n    115\nMicron Technology, Inc. (NASDAQ:MU) ranks 4th in Peconic Hedge Fund's top 10 stock picks. According to regulatory filings for the first quarter of 2024, Peconic Partners owned 775,000 shares of Micron Technology, Inc. (NASDAQ:MU), worth $91,364,750, representing 4.05% of their portfolio. Micron Technology, Inc. (NASDAQ:MU) is enjoying increased profitability thanks to strong demand for its memory and storage products. Micron Technology, Inc. (NASDAQ:MU) exceeded profit expectations for Q3 2024, with sales surging, and plans to boost capital expenditures to meet this demand.\nFinancial researcher On the Pulse stated that Micron Technology, Inc. (NASDAQ:MU)'s stock is undervalued, trading at less than 13.9 times its earnings, and has the potential for substantial sales growth in 2025.\nClearBridge Value Equity Strategy stated the following regarding Micron Technology, Inc. (NASDAQ:MU) in its Q2 2024 investor letter:\n\n“Stock selection in the IT sector proved to be the largest contributor to performance, particularly driven by the strong performance of Micron Technology, Inc. (NASDAQ:MU) The company, which designs, develops, manufactures and sells memory and storage products, continued its strong performance alongside other AI beneficiaries as the anticipated demand for new and additional storage essential for housing and training large language AI models continues to grow.”\n\nOverall MU ranks 4th on our list of Peconic Partners' top 10 stock picks. You can visit 191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks to see the other stocks that are on hedge funds’ radar. While we recognize MU's potential as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than MU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT: Analyst Sees a New $25 Billion “Opportunity” for NVIDIA and Jim Cramer is Recommending These 10 Stocks in June.   \nDisclosure: None. This article is originally published at Insider Monkey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":332867567485032,"gmtCreate":1722294537109,"gmtModify":1722294540485,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581643766897530","idStr":"3581643766897530"},"themes":[],"htmlText":"Fake news. It will only spiral down","listText":"Fake news. It will only spiral down","text":"Fake news. It will only spiral down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/332867567485032","repostId":"2455963666","repostType":2,"repost":{"id":"2455963666","pubTimestamp":1722268573,"share":"https://ttm.financial/m/news/2455963666?lang=&edition=fundamental","pubTime":"2024-07-29 23:56","market":"us","language":"en","title":"The Tech Wreck Is Likely Over: Higher Prices Should Be Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2455963666","media":"seekingalpha","summary":"Is the pullback over already?Or is there more pain ahead?","content":"<html><body><ul><li>Recent market volatility led to a 5% pullback in the S&amp;P 500, with some high quality tech stocks declining by 20-30% or more.</li><li>Despite near-term volatility, the market's intermediate and longer-term outlook remains favorable, with a potential buying opportunity for high-quality stocks.</li><li>Anticipation of a September rate cut by the Fed could provide a positive environment for risk assets, including high-quality stocks, with valuations remaining reasonable.</li><li>Nasdaq 100 futures declined by 10%, bringing tech stocks into a support/buy-in zone, potentially signaling a bottom for the sector.</li><li>Many top tech stocks experienced significant declines during the recent correction, suggesting a reset process that could lead to a new uptrend.</li></ul><p><figure><picture><img fetchpriority=\"high\" height=\"1024px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w240 240w\" width=\"1536px\"/></picture><figcaption><p>DNY59</p></figcaption></figure></p> <p>We recently witnessed an increase in volatility, so I began exploring several compelling buying opportunities last week. Was this the highly anticipated correction? Is the pullback over already? Or is there more pain ahead?</p> <h2>An Exciting Several Weeks In<span> The Market</span> </h2> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"676\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-17222421595774693.png\" width=\"640\"/></span><figcaption><p>SPX (StockCharts.com | Advanced Financial Charts &amp; Technical Analysis Tools)</p></figcaption></figure></p> <p>These past few weeks have been exciting, especially since the highly anticipated pullback began. The S&amp;P 500 Index (SP500, SPX) had become extremely overbought on a near-term basis and needed to reset. The peak-to-trough pullback has been 5%. Whether that is enough remains to be seen. Still, seeing some healthy rotation and a constructive pullback in many high-quality stocks that got ahead of themselves technically and from a valuation standpoint is a relief.</p> <p>From a technical standpoint, the crucial support remains at the 5,400-5,300 level, and the SPX had a<span> constructive rebound off this critical support point. While we may see more transitory volatility here in the near term, the intermediate and longer-term images remain favorable, and the bullish uptrend remains intact. Therefore, I am treating the recent weakness as a compelling buying opportunity, and I will buy more high-quality stocks if the volatility persists.</span></p> <h2>Tech - Could Have Bottomed</h2> <p>For tech, we usually follow the NASDAQ 100-Index (<span>NDX</span>) futures, and I also like the Invesco QQQ Trust ETF (QQQ), the \"Nasdaq 100\" ETF. While the SPX declined by a textbook 5% in the recent rotation and pullback phase, the Nasdaq 100 futures declined by precisely 10%.</p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"676\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-17222432758117392.png\" width=\"640\"/></span><figcaption><p>QQQ (StockCharts.com | Advanced Financial Charts &amp; Technical Analysis Tools)</p></figcaption></figure></p> <p>We witnessed a 10% drop in the QQQ, bringing it down into our $460-450 support/buy-in zone. We also see QQQ going from being highly overbought technically to neutral, and now it is approaching oversold conditions. QQQ also dropped below its 50-day MA, much like during prior pullbacks. While there may be more transitory downside, this is a solid spot to increase specific tech. Furthermore, while the QQQ declined by 10%, many top tech stocks got hammered during the recent correction.</p> <p><strong>For Instance:</strong></p> <ul> <li>Apple Inc. (AAPL): 10%.</li> <li>Microsoft Corporation (MSFT): 11%.</li> <li>NVIDIA Corporation (NVDA): 25%.</li> <li>Amazon.com, Inc. (AMZN): 12%.</li> <li>Alphabet Inc. (GOOG, GOOGL): 15%.</li> <li><a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Inc. (META): 18%.</li> <li>Broadcom Inc. (AVGO): 22%.</li> <li>Advanced Micro Devices, Inc. (AMD): 27%.</li> <li>Tesla, Inc. (TSLA): 20%.</li> <li>Micron Technology, Inc. (MU): 33%.</li> <li>Dell Technologies Inc. (DELL): 38%.</li> <li>Snap Inc. (SNAP): 24%.</li> <li><a href=\"https://laohu8.com/S/SOUNW\">SoundHound AI, Inc.</a> (SOUN): 32%.</li> </ul> <p>While some \"top stocks\" only declined by 10-15%, many other mega gap tech companies declined by 20-30% (or more) during the recent sell-off process. This dynamic suggests that tech stocks may have gone through a constructive reset process and could begin their next move higher again soon.</p> <h2>Focusing On The Constructive Fundamental Set-Up</h2> <p>Instead of over-focusing on standard near-term market gyrations, market participants should focus on the intermediate and longer-term image favorable for high-quality equities. Solid earnings, robust economic data, decreasing inflation, and an approaching monetary easing cycle should provide a highly constructive atmosphere for stocks and other risk assets.</p> <h2>Big Tech Earnings In Focus</h2> <p>Many companies have beat their top and bottom line earnings estimates and are guiding to higher next-quarter and full-year targets than anticipated. This week is the busiest week of earnings season, with companies like Microsoft, AMD, Meta, Apple, Amazon, and other mega caps reporting earnings.</p> <p>Many stocks have been punished badly during the run-up in tech earnings. Therefore, we may not need stellar results, as the stocks are beaten up anyway. In-line or slightly better tech earnings could be enough to set the high-quality stocks here back on track in their long-term upward trajectories. Moreover, it's not just tech earnings, as we have the crucial FOMC meeting and the critical jobs numbers this week.</p> <h2><strong>This Week's Economic Data</strong></h2> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"547\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-1722245498634594.png\" width=\"640\"/></span><figcaption><p>Data (Investing.com - Stock Market Quotes &amp; Financial News)</p></figcaption></figure></p> <p>There is plenty of news, but the most crucial elements are the FOMC interest rate decision and statement on Wednesday and Friday's critical non-farm payrolls release. There's about a 96% probability that the Fed will leave the benchmark unchanged. Therefore, the market is pricing a \"no move\" Wednesday. Still, we want language indicating a high probability of a rate cut in September, as the market is pricing one in. The market could react negatively to any hawkish tone, as moving away from the September rate cut could upset the existing state of affairs here.</p> <h2>Fed Likely To Cut In September - 25 or 50 Bps?</h2> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"395\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-17222458850996284.png\" width=\"640\"/></span><figcaption><p>Rate probabilities (CMEGroup.com)</p></figcaption></figure></p> <p>There is now a 100% probability of a September rate cut. The question now is whether it will be 25 Bps or 50. There is about an 88% chance of a 25 Bps cut and about a 12% chance of a 50 Bps cut. Therefore, the cut will likely be 25 Bps, but that is not likely to disappoint markets. The crucial factor is to get the rate cuts going. Once the easing policy is in motion, stopping will be very challenging. The Fed may need to tolerate higher inflation in the future, but this could be positive for most risk assets, especially high-quality stocks. Significant liquidity could find its place in the market soon, and a solid place for it to flow into is high-quality stocks.</p> <p>Furthermore, we could see the odds of a 50 Bps move increasing, and the upcoming payroll report could increase the odds. The market is looking for 177K jobs, and the Goldilocks number is likely around 100-200K. However, we must walk a delicate tightrope, as we don't want a number below 100K because it seems too weak. We can see some softness in the labor market, but we must avoid deterioration as it could increase the prospects of a hard landing/possible recession, which we want to avoid.</p> <p>Therefore, it's best to stay below 100K, and we want a job number that is not too high because it could decrease the probability of a 50 Bps cut. While a read above 200K would not be considered catastrophic (because the September rate cut is factored in), I still prefer a 100-200K jobs read. The unemployment rate can stay or increase slightly to 4.2-4.3%. There is a low probability that unemployment will drop, and we want to avoid sharp increases to 4.4% or higher as this, too, could increase the odds of a hard landing scenario.</p> <h2>Valuations Assessment</h2> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"155\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-17222469933060553.png\" width=\"640\"/></span><figcaption><p>P/E valuations (WSJ.com)</p></figcaption></figure></p> <p>The forward P/E for the SPX is about 22 and only around 28 for the Nasdaq 100. These are not expensive P/E ratios, especially considering the more accessible monetary environment ahead and the likely prospects for future earnings growth, efficiency increases, positive AI effects, and other variables. These could contribute to increasing growth, improving profitability, and multiple expansion. We have a unique and solid combination of constructive factors that should drive stock prices higher as we advance.</p> <div></div> <p>Also, I want to draw your attention to the fact that while P/E ratios have adjusted lower in many of the high-flying mega-cap tech names, primary average P/E ratios have roughly maintained their recent levels. They are retreating mildly due to the increased rotation into small/mid-cap and other sectors. Despite the prospects for near-term volatility, I remain constructive on the SPX and stocks in general in the intermediate and longer term. I am keeping my year-end SPX target range at 6,000-6,200.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Tech Wreck Is Likely Over: Higher Prices Should Be Ahead</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\">\nThe Tech Wreck Is Likely Over: Higher Prices Should Be Ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-29 23:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4707688-the-tech-wreck-is-likely-over-higher-prices-should-be-ahead><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Recent market volatility led to a 5% pullback in the S&P 500, with some high quality tech stocks declining by 20-30% or more.Despite near-term volatility, the market's intermediate and longer-term ...</p>\n\n<a href=\"https://seekingalpha.com/article/4707688-the-tech-wreck-is-likely-over-higher-prices-should-be-ahead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg","relate_stocks":{"NVDA":"英伟达","BK4503":"景林资产持仓","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","TSLA":"特斯拉","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","MU":"美光科技","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4538":"云计算","BK4501":"段永平概念","BK4508":"社交媒体","BK4543":"AI","AMZN":"亚马逊","BK4534":"瑞士信贷持仓","META":"Meta Platforms, Inc.","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","BK4555":"新能源车","BK4567":"ESG概念","BK4566":"资本集团","GOOGL":"谷歌A","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","SOUN":"SoundHound AI Inc","AVGO":"博通","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","MSFT":"微软","AAPL":"苹果","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","QQQ":"纳指100ETF","AMD":"美国超微公司","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","DELL":"戴尔","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD"},"source_url":"https://seekingalpha.com/article/4707688-the-tech-wreck-is-likely-over-higher-prices-should-be-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2455963666","content_text":"Recent market volatility led to a 5% pullback in the S&P 500, with some high quality tech stocks declining by 20-30% or more.Despite near-term volatility, the market's intermediate and longer-term outlook remains favorable, with a potential buying opportunity for high-quality stocks.Anticipation of a September rate cut by the Fed could provide a positive environment for risk assets, including high-quality stocks, with valuations remaining reasonable.Nasdaq 100 futures declined by 10%, bringing tech stocks into a support/buy-in zone, potentially signaling a bottom for the sector.Many top tech stocks experienced significant declines during the recent correction, suggesting a reset process that could lead to a new uptrend.DNY59 We recently witnessed an increase in volatility, so I began exploring several compelling buying opportunities last week. Was this the highly anticipated correction? Is the pullback over already? Or is there more pain ahead? An Exciting Several Weeks In The Market  SPX (StockCharts.com | Advanced Financial Charts & Technical Analysis Tools) These past few weeks have been exciting, especially since the highly anticipated pullback began. The S&P 500 Index (SP500, SPX) had become extremely overbought on a near-term basis and needed to reset. The peak-to-trough pullback has been 5%. Whether that is enough remains to be seen. Still, seeing some healthy rotation and a constructive pullback in many high-quality stocks that got ahead of themselves technically and from a valuation standpoint is a relief. From a technical standpoint, the crucial support remains at the 5,400-5,300 level, and the SPX had a constructive rebound off this critical support point. While we may see more transitory volatility here in the near term, the intermediate and longer-term images remain favorable, and the bullish uptrend remains intact. Therefore, I am treating the recent weakness as a compelling buying opportunity, and I will buy more high-quality stocks if the volatility persists. Tech - Could Have Bottomed For tech, we usually follow the NASDAQ 100-Index (NDX) futures, and I also like the Invesco QQQ Trust ETF (QQQ), the \"Nasdaq 100\" ETF. While the SPX declined by a textbook 5% in the recent rotation and pullback phase, the Nasdaq 100 futures declined by precisely 10%. QQQ (StockCharts.com | Advanced Financial Charts & Technical Analysis Tools) We witnessed a 10% drop in the QQQ, bringing it down into our $460-450 support/buy-in zone. We also see QQQ going from being highly overbought technically to neutral, and now it is approaching oversold conditions. QQQ also dropped below its 50-day MA, much like during prior pullbacks. While there may be more transitory downside, this is a solid spot to increase specific tech. Furthermore, while the QQQ declined by 10%, many top tech stocks got hammered during the recent correction. For Instance:  Apple Inc. (AAPL): 10%. Microsoft Corporation (MSFT): 11%. NVIDIA Corporation (NVDA): 25%. Amazon.com, Inc. (AMZN): 12%. Alphabet Inc. (GOOG, GOOGL): 15%. Meta Platforms, Inc. (META): 18%. Broadcom Inc. (AVGO): 22%. Advanced Micro Devices, Inc. (AMD): 27%. Tesla, Inc. (TSLA): 20%. Micron Technology, Inc. (MU): 33%. Dell Technologies Inc. (DELL): 38%. Snap Inc. (SNAP): 24%. SoundHound AI, Inc. (SOUN): 32%.  While some \"top stocks\" only declined by 10-15%, many other mega gap tech companies declined by 20-30% (or more) during the recent sell-off process. This dynamic suggests that tech stocks may have gone through a constructive reset process and could begin their next move higher again soon. Focusing On The Constructive Fundamental Set-Up Instead of over-focusing on standard near-term market gyrations, market participants should focus on the intermediate and longer-term image favorable for high-quality equities. Solid earnings, robust economic data, decreasing inflation, and an approaching monetary easing cycle should provide a highly constructive atmosphere for stocks and other risk assets. Big Tech Earnings In Focus Many companies have beat their top and bottom line earnings estimates and are guiding to higher next-quarter and full-year targets than anticipated. This week is the busiest week of earnings season, with companies like Microsoft, AMD, Meta, Apple, Amazon, and other mega caps reporting earnings. Many stocks have been punished badly during the run-up in tech earnings. Therefore, we may not need stellar results, as the stocks are beaten up anyway. In-line or slightly better tech earnings could be enough to set the high-quality stocks here back on track in their long-term upward trajectories. Moreover, it's not just tech earnings, as we have the crucial FOMC meeting and the critical jobs numbers this week. This Week's Economic Data Data (Investing.com - Stock Market Quotes & Financial News) There is plenty of news, but the most crucial elements are the FOMC interest rate decision and statement on Wednesday and Friday's critical non-farm payrolls release. There's about a 96% probability that the Fed will leave the benchmark unchanged. Therefore, the market is pricing a \"no move\" Wednesday. Still, we want language indicating a high probability of a rate cut in September, as the market is pricing one in. The market could react negatively to any hawkish tone, as moving away from the September rate cut could upset the existing state of affairs here. Fed Likely To Cut In September - 25 or 50 Bps? Rate probabilities (CMEGroup.com) There is now a 100% probability of a September rate cut. The question now is whether it will be 25 Bps or 50. There is about an 88% chance of a 25 Bps cut and about a 12% chance of a 50 Bps cut. Therefore, the cut will likely be 25 Bps, but that is not likely to disappoint markets. The crucial factor is to get the rate cuts going. Once the easing policy is in motion, stopping will be very challenging. The Fed may need to tolerate higher inflation in the future, but this could be positive for most risk assets, especially high-quality stocks. Significant liquidity could find its place in the market soon, and a solid place for it to flow into is high-quality stocks. Furthermore, we could see the odds of a 50 Bps move increasing, and the upcoming payroll report could increase the odds. The market is looking for 177K jobs, and the Goldilocks number is likely around 100-200K. However, we must walk a delicate tightrope, as we don't want a number below 100K because it seems too weak. We can see some softness in the labor market, but we must avoid deterioration as it could increase the prospects of a hard landing/possible recession, which we want to avoid. Therefore, it's best to stay below 100K, and we want a job number that is not too high because it could decrease the probability of a 50 Bps cut. While a read above 200K would not be considered catastrophic (because the September rate cut is factored in), I still prefer a 100-200K jobs read. The unemployment rate can stay or increase slightly to 4.2-4.3%. There is a low probability that unemployment will drop, and we want to avoid sharp increases to 4.4% or higher as this, too, could increase the odds of a hard landing scenario. Valuations Assessment P/E valuations (WSJ.com) The forward P/E for the SPX is about 22 and only around 28 for the Nasdaq 100. These are not expensive P/E ratios, especially considering the more accessible monetary environment ahead and the likely prospects for future earnings growth, efficiency increases, positive AI effects, and other variables. These could contribute to increasing growth, improving profitability, and multiple expansion. We have a unique and solid combination of constructive factors that should drive stock prices higher as we advance.  Also, I want to draw your attention to the fact that while P/E ratios have adjusted lower in many of the high-flying mega-cap tech names, primary average P/E ratios have roughly maintained their recent levels. They are retreating mildly due to the increased rotation into small/mid-cap and other sectors. Despite the prospects for near-term volatility, I remain constructive on the SPX and stocks in general in the intermediate and longer term. I am keeping my year-end SPX target range at 6,000-6,200.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943678096,"gmtCreate":1679445455516,"gmtModify":1679445459075,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581643766897530","idStr":"3581643766897530"},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943678096","repostId":"2321670854","repostType":2,"repost":{"id":"2321670854","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":1679428829,"share":"https://ttm.financial/m/news/2321670854?lang=&edition=fundamental","pubTime":"2023-03-22 04:00","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2321670854","media":"Reuters","summary":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking secto","content":"<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus</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\">\nUS STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus\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\">2023-03-22 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DJX":"1/100道琼斯","SQQQ":"纳指三倍做空ETF",".DJI":"道琼斯","QID":"纳指两倍做空ETF","PSQ":"纳指反向ETF",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF","DDM":"道指两倍做多ETF","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF","FOMC":"FOMO CORP.",".SPX":"S&P 500 Index","QLD":"纳指两倍做多ETF","UDOW":"道指三倍做多ETF-ProShares","SDOW":"道指三倍做空ETF-ProShares","TQQQ":"纳指三倍做多ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321670854","content_text":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.But banking stocks bounced back on Tuesday, building on Monday's reversal. Still, despite its recent resurgence, the S&P banks index has lost nearly 18% of its value just this month.Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.\"The stock market is coming to a recognition that the banking crisis wasn't a crisis after all, and was isolated to a handful of banks,\" said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. \"Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.\"Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee $(FOMC)$ will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.\"The Fed will raise interest rates by 25 basis points and the market won't care,\" Pursche added. \"It will all be about (Chairman Jerome) Powell's statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise\" can be attributed to bad management on the part of a few banks.At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME's FedWatch tool.Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.According to preliminary data, the S&P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.Shares of First Republic Bank saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers PacWest Bancorp and Western Alliance Bancorp also surged.Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943893488,"gmtCreate":1679324037644,"gmtModify":1679324206982,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581643766897530","idStr":"3581643766897530"},"themes":[],"htmlText":"Y","listText":"Y","text":"Y","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943893488","repostId":"1197049348","repostType":2,"repost":{"id":"1197049348","pubTimestamp":1679301944,"share":"https://ttm.financial/m/news/1197049348?lang=&edition=fundamental","pubTime":"2023-03-20 16:45","market":"us","language":"en","title":"Risky Credit Suisse Bond Wipeout Upends $275 Billion Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1197049348","media":"Bloomberg","summary":"Holders of AT1 bonds get nothing as shareholders get billionsInvestors in a key corner of bank-fundi","content":"<html><head></head><body><ul><li>Holders of AT1 bonds get nothing as shareholders get billions</li><li>Investors in a key corner of bank-funding market left reeling</li></ul><p>Among the biggest losers in the shotgun sale of Credit Suisse Group AG are investors in the firm’s riskiest bonds, known as AT1s, worth $17 billion.</p><p>These money managers are set to be wiped out— potentially sending that $275 billion market for bank funding into a tailspin, while threatening blowback for European policy makers in crisis-fighting mode.</p><p>Creditors are frantically poring through the fine print for these so-called additional tier 1 securities to understand if authorities in other countries could repeat what the Swiss government did on Sunday: Wiping them out while preserving $3.3 billion of value for equity investors. That’s not supposed to be the pecking order, some holders in the bonds insist.</p><p>“This just makes no sense,” said Patrik Kauffmann, a fixed-income portfolio manager at Aquila Asset Management, who holds the notes. “Shareholders should get zero” because “it’s crystal clear that AT1s are senior to stocks.”</p><p>One UK bank CEO put it even more bluntly: The Swiss have killed this key corner of funding for lenders, he said, asking not to be named because the situation is sensitive. His comments underscore how the global financial community is on edge after the UBS takeover of Credit Suisse, which came on the heels of the collapse of three regional US banks.</p><p>Prices of AT1s in Asia slid on Monday, with debt securities of some lenders in the region dropping by record amounts. Bank of East Asia Ltd.’s 5.825% perpetual dollar note slumped 9.4 cents on the dollar to about 80 cents, which would be a record decline if maintained through the end of Monday’s trading, according to data compiled by Bloomberg.</p><p>HSBC Holdings Plc’s 8% AT1 fell about 5 cents Monday to below 90 cents, according to credit traders. That would be its biggest daily drop since it began trading early this month.</p><p>It’s not that the bonds weren’t supposed to take some of the blow from the Credit Suisse collapse. In fact, that’s in large part what they were created to do when they were first conceived by European regulators in the aftermath of the global financial crisis, as a way to impose losses on creditors when banks start to fail without resorting to taxpayer money.</p><p>Yet, by privileging equity investors over holders of the riskiest bank securities, it’s left the bond community confused and rattled about who ranks first when it comes to the hierarchy of investor claims the next time a lender is in trouble.</p><p>With litigation potentially brewing, Goldman Sachs Group Inc. traders were preparing to take bids on claims against Credit Suisse’s riskiest bonds for investors betting they can ultimately recover some value.</p><p>“Wiping out AT1 holders while paying substantial amounts to shareholders goes against all the resolution principles and rules that were agreed internationally after 2008,” according to Jérôme Legras, head of research at Axiom Alternative Investments, who said the firm owns AT1 bonds issued by Credit Suisse.</p><p>From the perspective of Swiss officials, it was able to force a write-off of the securities because it needed to boost Credit Suisse’s capital and resolve its liquidity problems. The bonds typically face a haircut whenever government support is offered to a lender facing solvency problems.</p><p>Yet market participants say the move will likely lead to a disruptive industry-wide repricing. The market for new AT1 bonds will likely go into deep freeze and the cost of risky bank funding risks jumping higher given the regulatory decision caught some creditors off-guard, say traders.</p><p>That would give bank treasurers fewer options to raise capital at a time of market stress, with the Federal Reserve and five other central banks announcing coordinated action on Sunday to boost dollar liquidity.</p><p>“The AT1 market will be shut now for new issuance for a while,” said Luke Hickmore, investment director at abrdn Plc, who holds a small number of the Credit Suisse notes. “We will all be parsing which securities in AT1 space have a similar trigger to CS’s and which don’t, which banks need to issue AT1s and which don’t.”</p><p>Even before the wipeout, rising worries about the financial system caused the average AT1 note to tumble over the last two weeks, with pricing indicated at almost 20% below face value — one of the steepest discounts on record.</p><h2>‘Poorly Designed’</h2><p>AT1s were dreamt up by regulators to act as an additional buffer of capital between shareholders and bondholders. Yet the legal framework has always been subject to uncertainty and some controversy.</p><p>The latest move by policy makers shows that the “structure has proved to be poorly designed and will be probably phased out,” said Francesco Castelli, head of fixed income at Banor Capital.</p><p>The decision by the Swiss Financial Market Supervisory Authority is “probably legal,” he said, adding he expects Credit Suisse’s AT1 obligations to trade at close to zero tomorrow. “Holders will only have some recovery chance in court.” Castelli owns bonds issued by the bank but declined to say if he has a position in the AT1s.</p><p>Still, the decision to wipe out the holders of those bonds gets support from John McClain, portfolio manager at Brandywine Global Investment Management.</p><p>“It’s absolutely the right thing to do to prevent moral hazard from creeping into that part of the market. Those bonds were created for moments like this — similar to catastrophe bonds.”</p><h2>Counterparty Risk</h2><p>The acquisition of Credit Suisse comes after the failure of a number of US regional banks this month sent concerns rippling through the financial system. The Zurich-based lender’s bonds and shares plunged and counterparties on trades began buying protection against a possible default.</p><p>A collapse of the bank would have caused huge collateral damage to the Swiss financial industry, and a risk of contagion for UBS and other banks, the country’s finance minister Karin Keller-Sutter said at a press conference on Sunday.</p><p>“The bankruptcy of a global systematically important bank would have caused irreparable economic turmoil in Switzerland and throughout the world,” she said.</p><p>Traders quickly made clear they had some skepticism about the deal. UBS’s credit default swaps, derivatives often used to gauge a borrower’s credit risk, widened by at least 40 basis points to 215 bps for five-year contracts, according to people with knowledge of the matter. They asked not to be named as the information is private.</p><p>As part of the takeover, the Swiss central bank is offering a 100 billion-franc liquidity assistance to UBS and the government is granting a 9 billion-franc guarantee for potential losses from assets it is taking on. That comes after Credit Suisse was left deeply wounded by everything from the blowup of Archegos to the collapse of a suite of funds it ran with Greensill Capital.</p><p>“Hindsight is wonderful,” Credit Suisse Chairman Axel Lehmann said at Sunday’s press conference. “We were overtaken by legacy situations, by risks that materialized last year. We were affected by a market model that no longer works in this environment.”</p></body></html>","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>Risky Credit Suisse Bond Wipeout Upends $275 Billion Market</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\">\nRisky Credit Suisse Bond Wipeout Upends $275 Billion Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-20 16:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-20/wipeout-of-risky-credit-suisse-bonds-upends-275-billion-market><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Holders of AT1 bonds get nothing as shareholders get billionsInvestors in a key corner of bank-funding market left reelingAmong the biggest losers in the shotgun sale of Credit Suisse Group AG are ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-20/wipeout-of-risky-credit-suisse-bonds-upends-275-billion-market\">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"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-20/wipeout-of-risky-credit-suisse-bonds-upends-275-billion-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197049348","content_text":"Holders of AT1 bonds get nothing as shareholders get billionsInvestors in a key corner of bank-funding market left reelingAmong the biggest losers in the shotgun sale of Credit Suisse Group AG are investors in the firm’s riskiest bonds, known as AT1s, worth $17 billion.These money managers are set to be wiped out— potentially sending that $275 billion market for bank funding into a tailspin, while threatening blowback for European policy makers in crisis-fighting mode.Creditors are frantically poring through the fine print for these so-called additional tier 1 securities to understand if authorities in other countries could repeat what the Swiss government did on Sunday: Wiping them out while preserving $3.3 billion of value for equity investors. That’s not supposed to be the pecking order, some holders in the bonds insist.“This just makes no sense,” said Patrik Kauffmann, a fixed-income portfolio manager at Aquila Asset Management, who holds the notes. “Shareholders should get zero” because “it’s crystal clear that AT1s are senior to stocks.”One UK bank CEO put it even more bluntly: The Swiss have killed this key corner of funding for lenders, he said, asking not to be named because the situation is sensitive. His comments underscore how the global financial community is on edge after the UBS takeover of Credit Suisse, which came on the heels of the collapse of three regional US banks.Prices of AT1s in Asia slid on Monday, with debt securities of some lenders in the region dropping by record amounts. Bank of East Asia Ltd.’s 5.825% perpetual dollar note slumped 9.4 cents on the dollar to about 80 cents, which would be a record decline if maintained through the end of Monday’s trading, according to data compiled by Bloomberg.HSBC Holdings Plc’s 8% AT1 fell about 5 cents Monday to below 90 cents, according to credit traders. That would be its biggest daily drop since it began trading early this month.It’s not that the bonds weren’t supposed to take some of the blow from the Credit Suisse collapse. In fact, that’s in large part what they were created to do when they were first conceived by European regulators in the aftermath of the global financial crisis, as a way to impose losses on creditors when banks start to fail without resorting to taxpayer money.Yet, by privileging equity investors over holders of the riskiest bank securities, it’s left the bond community confused and rattled about who ranks first when it comes to the hierarchy of investor claims the next time a lender is in trouble.With litigation potentially brewing, Goldman Sachs Group Inc. traders were preparing to take bids on claims against Credit Suisse’s riskiest bonds for investors betting they can ultimately recover some value.“Wiping out AT1 holders while paying substantial amounts to shareholders goes against all the resolution principles and rules that were agreed internationally after 2008,” according to Jérôme Legras, head of research at Axiom Alternative Investments, who said the firm owns AT1 bonds issued by Credit Suisse.From the perspective of Swiss officials, it was able to force a write-off of the securities because it needed to boost Credit Suisse’s capital and resolve its liquidity problems. The bonds typically face a haircut whenever government support is offered to a lender facing solvency problems.Yet market participants say the move will likely lead to a disruptive industry-wide repricing. The market for new AT1 bonds will likely go into deep freeze and the cost of risky bank funding risks jumping higher given the regulatory decision caught some creditors off-guard, say traders.That would give bank treasurers fewer options to raise capital at a time of market stress, with the Federal Reserve and five other central banks announcing coordinated action on Sunday to boost dollar liquidity.“The AT1 market will be shut now for new issuance for a while,” said Luke Hickmore, investment director at abrdn Plc, who holds a small number of the Credit Suisse notes. “We will all be parsing which securities in AT1 space have a similar trigger to CS’s and which don’t, which banks need to issue AT1s and which don’t.”Even before the wipeout, rising worries about the financial system caused the average AT1 note to tumble over the last two weeks, with pricing indicated at almost 20% below face value — one of the steepest discounts on record.‘Poorly Designed’AT1s were dreamt up by regulators to act as an additional buffer of capital between shareholders and bondholders. Yet the legal framework has always been subject to uncertainty and some controversy.The latest move by policy makers shows that the “structure has proved to be poorly designed and will be probably phased out,” said Francesco Castelli, head of fixed income at Banor Capital.The decision by the Swiss Financial Market Supervisory Authority is “probably legal,” he said, adding he expects Credit Suisse’s AT1 obligations to trade at close to zero tomorrow. “Holders will only have some recovery chance in court.” Castelli owns bonds issued by the bank but declined to say if he has a position in the AT1s.Still, the decision to wipe out the holders of those bonds gets support from John McClain, portfolio manager at Brandywine Global Investment Management.“It’s absolutely the right thing to do to prevent moral hazard from creeping into that part of the market. Those bonds were created for moments like this — similar to catastrophe bonds.”Counterparty RiskThe acquisition of Credit Suisse comes after the failure of a number of US regional banks this month sent concerns rippling through the financial system. The Zurich-based lender’s bonds and shares plunged and counterparties on trades began buying protection against a possible default.A collapse of the bank would have caused huge collateral damage to the Swiss financial industry, and a risk of contagion for UBS and other banks, the country’s finance minister Karin Keller-Sutter said at a press conference on Sunday.“The bankruptcy of a global systematically important bank would have caused irreparable economic turmoil in Switzerland and throughout the world,” she said.Traders quickly made clear they had some skepticism about the deal. UBS’s credit default swaps, derivatives often used to gauge a borrower’s credit risk, widened by at least 40 basis points to 215 bps for five-year contracts, according to people with knowledge of the matter. They asked not to be named as the information is private.As part of the takeover, the Swiss central bank is offering a 100 billion-franc liquidity assistance to UBS and the government is granting a 9 billion-franc guarantee for potential losses from assets it is taking on. That comes after Credit Suisse was left deeply wounded by everything from the blowup of Archegos to the collapse of a suite of funds it ran with Greensill Capital.“Hindsight is wonderful,” Credit Suisse Chairman Axel Lehmann said at Sunday’s press conference. “We were overtaken by legacy situations, by risks that materialized last year. We were affected by a market model that no longer works in this environment.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952132225,"gmtCreate":1674520634968,"gmtModify":1676538944400,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581643766897530","idStr":"3581643766897530"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952132225","repostId":"2305715203","repostType":4,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375566188,"gmtCreate":1619363719544,"gmtModify":1704722877936,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581643766897530","idStr":"3581643766897530"},"themes":[],"htmlText":"Sharing","listText":"Sharing","text":"Sharing","images":[{"img":"https://static.tigerbbs.com/a2b3e8430c7205a66da63cae8d58ca77","width":"1080","height":"2288"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375566188","isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9943893488,"gmtCreate":1679324037644,"gmtModify":1679324206982,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643766897530","authorIdStr":"3581643766897530"},"themes":[],"htmlText":"Y","listText":"Y","text":"Y","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943893488","repostId":"1197049348","repostType":2,"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943678096,"gmtCreate":1679445455516,"gmtModify":1679445459075,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643766897530","authorIdStr":"3581643766897530"},"themes":[],"htmlText":"Haha","listText":"Haha","text":"Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943678096","repostId":"2321670854","repostType":2,"repost":{"id":"2321670854","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":1679428829,"share":"https://ttm.financial/m/news/2321670854?lang=&edition=fundamental","pubTime":"2023-03-22 04:00","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2321670854","media":"Reuters","summary":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking secto","content":"<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus</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\">\nUS STOCKS-Wall Street Ends Green on Bank Bounce As Fed Takes Focus\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\">2023-03-22 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.</p><p>All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.</p><p>A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.</p><p>But banking stocks bounced back on Tuesday, building on Monday&#39;s reversal. Still, despite its recent resurgence, the S&amp;P banks index has lost nearly 18% of its value just this month.</p><p>Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.</p><p>&#34;The stock market is coming to a recognition that the banking crisis wasn&#39;t a crisis after all, and was isolated to a handful of banks,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.&#34;</p><p>Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.</p><p>Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee <a href=\"https://laohu8.com/S/FOMC\">$(FOMC)$</a> will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.</p><p>&#34;The Fed will raise interest rates by 25 basis points and the market won&#39;t care,&#34; Pursche added. &#34;It will all be about (Chairman Jerome) Powell&#39;s statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise&#34; can be attributed to bad management on the part of a few banks.</p><p>At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME&#39;s FedWatch tool.</p><p>Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.</p><p>According to preliminary data, the S&amp;P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.</p><p>Shares of <a href=\"https://laohu8.com/S/FRCDL\">First Republic Bank</a> saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> and Western Alliance Bancorp also surged.</p><p>Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.</p><p><img src=\"https://static.tigerbbs.com/b7948a6ab28102cd1434626ac859aa85\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DJX":"1/100道琼斯","SQQQ":"纳指三倍做空ETF",".DJI":"道琼斯","QID":"纳指两倍做空ETF","PSQ":"纳指反向ETF",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF","DDM":"道指两倍做多ETF","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF","FOMC":"FOMO CORP.",".SPX":"S&P 500 Index","QLD":"纳指两倍做多ETF","UDOW":"道指三倍做多ETF-ProShares","SDOW":"道指三倍做空ETF-ProShares","TQQQ":"纳指三倍做多ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321670854","content_text":"Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25 basis-point hike to its policy rate.All three major U.S. stock indexes were bright green as the session closed, with smallcaps, energy and financials enjoying the most sizable gains.A one-two punch of regional bank failures last week, followed by the rescue of $First Republic Bank(FRC-N)$ and the takeover of Credit Suisse, sparked a rout in banking stocks and fueled worries of contagion in the financial sector which, in turn, heightened global anxieties over the growing possibility of recession.But banking stocks bounced back on Tuesday, building on Monday's reversal. Still, despite its recent resurgence, the S&P banks index has lost nearly 18% of its value just this month.Both the SPXBK and the KBW Regional Banking index marked their biggest one-day percentage jumps in months.\"The stock market is coming to a recognition that the banking crisis wasn't a crisis after all, and was isolated to a handful of banks,\" said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. \"Both the public and the private sector have shown they are more than able to backstop and shore up weak institutions.\"Treasury Secretary Janet Yellen, in prepared remarks before the American Bankers Association, said the U.S. banking system has stabilized due to decisive actions from regulators, but warned more action might be required.Attention now shifts to the Fed, which has gathered for its two-day monetary policy meeting, at which the members of the Federal Open Markets Committee $(FOMC)$ will revisit their economic projections and, in all likelihood, implement another increase to the Fed funds target rate in their ongoing battle against inflation.\"The Fed will raise interest rates by 25 basis points and the market won't care,\" Pursche added. \"It will all be about (Chairman Jerome) Powell's statement on the economy and inflation, and if he can do a good enough job convincing the public that the banking noise\" can be attributed to bad management on the part of a few banks.At last glance, financial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME's FedWatch tool.Economic data released early in the session showed a 14.5% jump in existing home sales, blasting past expectations and snapping a 12-month losing streak.According to preliminary data, the S&P 500 gained 50.84 points, or 1.29%, to end at 4,002.41 points, while the Nasdaq Composite gained 181.47 points, or 1.55%, to 11,860.04. The Dow Jones Industrial Average rose 313.36 points, or 0.97%, to 32,566.44.Shares of First Republic Bank saw their biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal. Peers PacWest Bancorp and Western Alliance Bancorp also surged.Tesla Inc advanced after the electric automaker appeared on track to report one of its best quarters in China, according to car registration data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952132225,"gmtCreate":1674520634968,"gmtModify":1676538944400,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643766897530","authorIdStr":"3581643766897530"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952132225","repostId":"2305715203","repostType":4,"repost":{"id":"2305715203","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":1674514916,"share":"https://ttm.financial/m/news/2305715203?lang=&edition=fundamental","pubTime":"2023-01-24 07:01","market":"us","language":"en","title":"US STOCKS-Wall Street Extends Rally, Powered By Tech Bounce","url":"https://stock-news.laohu8.com/highlight/detail?id=2305715203","media":"Reuters","summary":"Baker Hughes falls on missing Q4 profit estimatesActivist investor Elliott Management takes stake in","content":"<html><head></head><body><ul><li>Baker Hughes falls on missing Q4 profit estimates</li><li>Activist investor Elliott Management takes stake in Salesforce</li><li>Chips surge on Barclay&#39;s upgrade</li><li>Indexes up: Dow 0.76%, S&amp;P 1.19%, Nasdaq 2.01%</li></ul><p><img src=\"https://static.tigerbbs.com/435c5b670a4f688979e87e3fbc67da21\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for market-leading momentum stocks that were battered last year.</p><p>All three major stock indexes extended Friday&#39;s gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares   .</p><p>&#34;(Chips are) a group that&#39;s been depressed, so I’m not too surprised,&#34; said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. &#34;We&#39;re going to see earnings from these companies over the next couple of weeks and that will be where the rubber meets the road.&#34;</p><p>&#34;It’s a group that was ripe for a rebound.&#34;</p><p>The session marks a calm before the storm in a week jam-packed with high profile earnings reports and back-end loaded with crucial economic data.</p><p>Investors are all but certain the Federal Reserve will implement a bite-sized interest rate hike next week even as the U.S. central bank remains committed to taming the hottest inflationary cycle in decades.</p><p>&#34;(Investors) are pretty comfortable that they’re going to see lower rate hikes from the Fed, that we are rounding the corner on inflation and interest rate hikes,&#34; Tuz added. &#34;Stocks can do well in that environment, especially the big growth stocks that drive the market.&#34;</p><p>Financial markets have priced in a 99.9% likelihood of a 25 basis point hike to the Fed funds target rate at the conclusion of its two-day monetary policy meeting next Wednesday, according to CME&#39;s FedWatch tool.</p><p>The Dow Jones Industrial Average    rose 254.07 points, or 0.76%, to 33,629.56, the S&amp;P 500    gained 47.2 points, or 1.19%, to 4,019.81 and the Nasdaq Composite    added 223.98 points, or 2.01%, to 11,364.41.</p><p>Of the 11 major S&amp;P 500 sectors, all but energy    ended green, with tech shares    enjoying the largest percentage gain, up 2.3% on the session.</p><p>The fourth-quarter reporting season has shifted into overdrive, with 57 of the companies in the S&amp;P 500 having posted results. Of those, 63% have delivered better-than-expected earnings, according to Refinitiv.</p><p>Analysts now see S&amp;P 500 fourth-quarter earnings, on aggregate, dropping 3% year-on-year, nearly twice as steep as the 1.6% annual drop seen at the beginning of the year, per Refinitiv.</p><p>This week, Microsoft Corp and Tesla Inc, along with a spate of heavy-hitting industrials including Boeing CO, <a href=\"https://laohu8.com/S/MMM\">3M</a> Co, Union Pacific Corp, Dow Inc, and Northrop Grumman Corp, are expected to post quarterly results.</p><p>The Philadelphia SE semiconductor index jumped 5.0%, its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day gain since Nov. 30 after Barclays upgraded the sector to &#34;overweight&#34; from &#34;equal weight.&#34;</p><p>Tesla surged 7.7% after Chief Executive Elon Musk took the stand in his fraud trial related to a tweet saying he had backing to take the electric automaker private.</p><p>Baker Hughes Co missed quarterly profit estimates due to inflation pressures and ongoing disruptions due to Russia&#39;s war on Ukraine. The oilfield services company&#39;s shares dipped 1.5%.</p><p>Cloud-based software firm Salesforce Inc jumped 3.1% following news that activist investor Elliot Management Corp has taken a multi-billion dollar stake in the company.</p><p>Spotify Technology SA joined the growing list of tech-related companies to announce impending job cuts, shedding 6% of its workforce as rising interest rates and the looming possibility of recession continue to pressure growth stocks. The music streaming company&#39;s shares rose 2.1%.</p><p>On the economic front, the U.S. Commerce Department is expected to unveil its initial &#34;advance&#34; take on fourth-quarter GDP on Thursday, which analysts expect to land at 2.5%.</p><p>On Friday, the wide-ranging personal consumption expenditures (PCE) report is due to shed light on consumer spending, income growth, and crucially, inflation.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.77-to-1 ratio; on Nasdaq, a 1.73-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 11 new 52-week highs and no new lows; the Nasdaq Composite recorded 82 new highs and 19 new lows.</p><p>Volume on U.S. exchanges was 11.99 billion shares, compared with the 10.62 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Extends Rally, Powered By Tech Bounce</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\">\nUS STOCKS-Wall Street Extends Rally, Powered By Tech Bounce\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\">2023-01-24 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Baker Hughes falls on missing Q4 profit estimates</li><li>Activist investor Elliott Management takes stake in Salesforce</li><li>Chips surge on Barclay&#39;s upgrade</li><li>Indexes up: Dow 0.76%, S&amp;P 1.19%, Nasdaq 2.01%</li></ul><p><img src=\"https://static.tigerbbs.com/435c5b670a4f688979e87e3fbc67da21\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for market-leading momentum stocks that were battered last year.</p><p>All three major stock indexes extended Friday&#39;s gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares   .</p><p>&#34;(Chips are) a group that&#39;s been depressed, so I’m not too surprised,&#34; said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. &#34;We&#39;re going to see earnings from these companies over the next couple of weeks and that will be where the rubber meets the road.&#34;</p><p>&#34;It’s a group that was ripe for a rebound.&#34;</p><p>The session marks a calm before the storm in a week jam-packed with high profile earnings reports and back-end loaded with crucial economic data.</p><p>Investors are all but certain the Federal Reserve will implement a bite-sized interest rate hike next week even as the U.S. central bank remains committed to taming the hottest inflationary cycle in decades.</p><p>&#34;(Investors) are pretty comfortable that they’re going to see lower rate hikes from the Fed, that we are rounding the corner on inflation and interest rate hikes,&#34; Tuz added. &#34;Stocks can do well in that environment, especially the big growth stocks that drive the market.&#34;</p><p>Financial markets have priced in a 99.9% likelihood of a 25 basis point hike to the Fed funds target rate at the conclusion of its two-day monetary policy meeting next Wednesday, according to CME&#39;s FedWatch tool.</p><p>The Dow Jones Industrial Average    rose 254.07 points, or 0.76%, to 33,629.56, the S&amp;P 500    gained 47.2 points, or 1.19%, to 4,019.81 and the Nasdaq Composite    added 223.98 points, or 2.01%, to 11,364.41.</p><p>Of the 11 major S&amp;P 500 sectors, all but energy    ended green, with tech shares    enjoying the largest percentage gain, up 2.3% on the session.</p><p>The fourth-quarter reporting season has shifted into overdrive, with 57 of the companies in the S&amp;P 500 having posted results. Of those, 63% have delivered better-than-expected earnings, according to Refinitiv.</p><p>Analysts now see S&amp;P 500 fourth-quarter earnings, on aggregate, dropping 3% year-on-year, nearly twice as steep as the 1.6% annual drop seen at the beginning of the year, per Refinitiv.</p><p>This week, Microsoft Corp and Tesla Inc, along with a spate of heavy-hitting industrials including Boeing CO, <a href=\"https://laohu8.com/S/MMM\">3M</a> Co, Union Pacific Corp, Dow Inc, and Northrop Grumman Corp, are expected to post quarterly results.</p><p>The Philadelphia SE semiconductor index jumped 5.0%, its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day gain since Nov. 30 after Barclays upgraded the sector to &#34;overweight&#34; from &#34;equal weight.&#34;</p><p>Tesla surged 7.7% after Chief Executive Elon Musk took the stand in his fraud trial related to a tweet saying he had backing to take the electric automaker private.</p><p>Baker Hughes Co missed quarterly profit estimates due to inflation pressures and ongoing disruptions due to Russia&#39;s war on Ukraine. The oilfield services company&#39;s shares dipped 1.5%.</p><p>Cloud-based software firm Salesforce Inc jumped 3.1% following news that activist investor Elliot Management Corp has taken a multi-billion dollar stake in the company.</p><p>Spotify Technology SA joined the growing list of tech-related companies to announce impending job cuts, shedding 6% of its workforce as rising interest rates and the looming possibility of recession continue to pressure growth stocks. The music streaming company&#39;s shares rose 2.1%.</p><p>On the economic front, the U.S. Commerce Department is expected to unveil its initial &#34;advance&#34; take on fourth-quarter GDP on Thursday, which analysts expect to land at 2.5%.</p><p>On Friday, the wide-ranging personal consumption expenditures (PCE) report is due to shed light on consumer spending, income growth, and crucially, inflation.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.77-to-1 ratio; on Nasdaq, a 1.73-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 11 new 52-week highs and no new lows; the Nasdaq Composite recorded 82 new highs and 19 new lows.</p><p>Volume on U.S. exchanges was 11.99 billion shares, compared with the 10.62 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DDM":"道指两倍做多ETF","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF","LHDX":"Lucira Health, Inc.","DOG":"道指反向ETF","LABP":"Landos Biopharma, Inc.","APR":"Apria, Inc.",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","OEX":"标普100",".SPX":"S&P 500 Index","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","SPY":"标普500ETF","TSLA":"特斯拉","OEF":"标普100指数ETF-iShares","UDOW":"道指三倍做多ETF-ProShares","DXD":"道指两倍做空ETF","UPRO":"三倍做多标普500ETF","SDOW":"道指三倍做空ETF-ProShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2305715203","content_text":"Baker Hughes falls on missing Q4 profit estimatesActivist investor Elliott Management takes stake in SalesforceChips surge on Barclay's upgradeIndexes up: Dow 0.76%, S&P 1.19%, Nasdaq 2.01%Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for market-leading momentum stocks that were battered last year.All three major stock indexes extended Friday's gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares   .\"(Chips are) a group that's been depressed, so I’m not too surprised,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia. \"We're going to see earnings from these companies over the next couple of weeks and that will be where the rubber meets the road.\"\"It’s a group that was ripe for a rebound.\"The session marks a calm before the storm in a week jam-packed with high profile earnings reports and back-end loaded with crucial economic data.Investors are all but certain the Federal Reserve will implement a bite-sized interest rate hike next week even as the U.S. central bank remains committed to taming the hottest inflationary cycle in decades.\"(Investors) are pretty comfortable that they’re going to see lower rate hikes from the Fed, that we are rounding the corner on inflation and interest rate hikes,\" Tuz added. \"Stocks can do well in that environment, especially the big growth stocks that drive the market.\"Financial markets have priced in a 99.9% likelihood of a 25 basis point hike to the Fed funds target rate at the conclusion of its two-day monetary policy meeting next Wednesday, according to CME's FedWatch tool.The Dow Jones Industrial Average    rose 254.07 points, or 0.76%, to 33,629.56, the S&P 500    gained 47.2 points, or 1.19%, to 4,019.81 and the Nasdaq Composite    added 223.98 points, or 2.01%, to 11,364.41.Of the 11 major S&P 500 sectors, all but energy    ended green, with tech shares    enjoying the largest percentage gain, up 2.3% on the session.The fourth-quarter reporting season has shifted into overdrive, with 57 of the companies in the S&P 500 having posted results. Of those, 63% have delivered better-than-expected earnings, according to Refinitiv.Analysts now see S&P 500 fourth-quarter earnings, on aggregate, dropping 3% year-on-year, nearly twice as steep as the 1.6% annual drop seen at the beginning of the year, per Refinitiv.This week, Microsoft Corp and Tesla Inc, along with a spate of heavy-hitting industrials including Boeing CO, 3M Co, Union Pacific Corp, Dow Inc, and Northrop Grumman Corp, are expected to post quarterly results.The Philadelphia SE semiconductor index jumped 5.0%, its biggest one-day gain since Nov. 30 after Barclays upgraded the sector to \"overweight\" from \"equal weight.\"Tesla surged 7.7% after Chief Executive Elon Musk took the stand in his fraud trial related to a tweet saying he had backing to take the electric automaker private.Baker Hughes Co missed quarterly profit estimates due to inflation pressures and ongoing disruptions due to Russia's war on Ukraine. The oilfield services company's shares dipped 1.5%.Cloud-based software firm Salesforce Inc jumped 3.1% following news that activist investor Elliot Management Corp has taken a multi-billion dollar stake in the company.Spotify Technology SA joined the growing list of tech-related companies to announce impending job cuts, shedding 6% of its workforce as rising interest rates and the looming possibility of recession continue to pressure growth stocks. The music streaming company's shares rose 2.1%.On the economic front, the U.S. Commerce Department is expected to unveil its initial \"advance\" take on fourth-quarter GDP on Thursday, which analysts expect to land at 2.5%.On Friday, the wide-ranging personal consumption expenditures (PCE) report is due to shed light on consumer spending, income growth, and crucially, inflation.Advancing issues outnumbered declining ones on the NYSE by a 2.77-to-1 ratio; on Nasdaq, a 1.73-to-1 ratio favored advancers.The S&P 500 posted 11 new 52-week highs and no new lows; the Nasdaq Composite recorded 82 new highs and 19 new lows.Volume on U.S. exchanges was 11.99 billion shares, compared with the 10.62 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347892997099728,"gmtCreate":1725975786118,"gmtModify":1725975790200,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643766897530","authorIdStr":"3581643766897530"},"themes":[],"htmlText":"It's a trap. Nasdaq MU will continue to fall","listText":"It's a trap. Nasdaq MU will continue to fall","text":"It's a trap. Nasdaq MU will continue to fall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347892997099728","repostId":"2466939911","repostType":2,"repost":{"id":"2466939911","pubTimestamp":1725885000,"share":"https://ttm.financial/m/news/2466939911?lang=&edition=fundamental","pubTime":"2024-09-09 20:30","market":"us","language":"en","title":"Golden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2466939911","media":"Zacks","summary":"September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.The extremely overvalued artificial intelligence  stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.TSM is the largest manufacturer of NVIDIA Corp.’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to Advanced Micro Devices Inc. AMD and Intel Corp. INTC to name a few.","content":"<html><body><p>September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&amp;P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.  </p>\n<p>The extremely overvalued artificial intelligence (AI) stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.</p>\n<p>Three such stocks are: <strong>Taiwan Semiconductor Manufacturing Company Ltd. </strong>TSM, <strong>Micron Technology Inc. </strong>MU and <strong>NetApp Inc.</strong> NTAP. All three stocks currently carry a Zacks Rank #2 (Buy). You can see <strong>the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here</strong>. </p>\n<h2>Is Recession Nearby or a Knee-Jerk Expression? </h2>\n<p>Theoretically a recession means contraction of GDP (negative GDP growth rate) for two consecutive quarters. The U.S. GDP grew at 1.4% in first-quarter 2024. The second reading of second-quarter GDP was 3%. On Sept 4, the Atlanta Fed GDPNow projected a 2.1% GDP growth rate for the third quarter. </p>\n<p>Some soft key economic data over a period of time never indicate a nearby recession. In fact, the Fed was eagerly waiting for these weak economic data, especially labor market data, along with a gradually declining inflation rate, in order to initiate a rate-cut regime. </p>\n<p>Finally, the recent AI turmoil is nothing but profit-taking, especially on the part of institutional investors. Stock markets consist of bull and bear operators. As bulls fly high, bears wait quietly for a suitable time and some reasons to be good enough for profit-booking so that they can reenter the market at a reasonably low level. </p>\n<p>So far, this year, buy-on-the-dip remains the best investment strategy. Every dip in stocks, especially in AI-giants, has resulted in more aggressive returns in a short span. This time too, the same outcome will appear. </p>\n<h2>Three AI-Focused Stocks With Significant Price Upside</h2>\n<h2>Taiwan Semiconductor Manufacturing Co. Ltd.</h2>\n<p>Taiwan Semiconductor has become a new poster boy on the global artificial intelligence (AI) frenzy. TSM is the largest manufacturer of AI-based chipsets for the world’s best AI chipset developers. The company is experiencing solid demand for its advanced technologies, such as 3-nanometer (nm) and 5nm. TSM’s growing efforts to ramp up the production of 3nm and development of 2nm is a plus.</p>\n<p>TSM is the largest manufacturer of <strong>NVIDIA Corp.</strong>’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to <strong>Advanced Micro Devices Inc.</strong> AMD and<strong> Intel Corp. </strong>INTC to name a few. </p>\n<h2>Solid Earnings Estimate Revisions for TSM Stock</h2>\n<p>TSM has an expected revenue and earnings growth rate of 23.6% and 24.5%, respectively, for the current year. The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 30 days.</p>\n<p><img src=\"https://s.yimg.com/uu/api/res/1.2/u30VADam2vec.M1RcGDjzQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/4dd0e622d148cd62a25d04601ba507bc\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Huge Price Upside Potential for TSM Shares</h2>\n<p>The stock price of Taiwan Semiconductor has jumped 50.8% year to date. In the past month shares have fallen 4.7%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 25.1% from the last closing price of $156.82. The brokerage target price is currently in the range of $170-$250.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/ZB15PBNdTXGebrQZoWUozw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/a3b92fcc310f747b811525f6c940b0a3\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Micron Technology Inc.</h2>\n<p>Micron Technology has been benefiting from the enormous growth of AI applications that boosted demand for its high bandwidth memory chips. MU is a major producer of memory chips used in NVIDIA’s GPUs. MU is benefiting from improved market conditions, robust sales executions and strong growth across multiple business units.</p>\n<p>Micron Technology anticipates the pricing of DRAM and NAND chips to increase, thereby improving its revenues. The pricing benefits will primarily be driven by rising AI servers, causing a scarcity in the availability of cutting-edge DRAM and NAND supplies. Also, 5G adoption in IoT devices and wireless infrastructure will spur demand for memory and storage.</p>\n<h2>Strong Earnings Estimate Revisions for MU Stock</h2>\n<p>MU has an expected revenue and earnings growth rate of 57% and more than 100%, respectively, for the current year (ending August 2025). The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 60 days.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/1zHWFkF5N_nMUX1Q32TpsQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/e1821368c6fc204498debd190b2882cb\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Tremendous Price Upside Potential for MU Shares</h2>\n<p>The stock price of Micron Technology has advanced a meager 1.3% year to date. In the past month shares have fallen 6.2%. Despite this, the short-term average price target of brokerage firms for the stock represents a jump of 80% from the last closing price of $86.38. The brokerage target price is currently in the range of $100-$225.</p>\n<p><img src=\"https://s.yimg.com/uu/api/res/1.2/congqZTSIdTxVUUQFq3NBw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/6e8cf3856fdd51726289bc7e2e836e20\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>NetApp Inc.</h2>\n<p>NetApp’s performance is being driven by demand across the all-flash and cloud storage portfolio. In the fourth quarter of 2024, all-Flash Array Business’ annualized revenue run rate was $3.6 billion, up 17% year over year. </p>\n<p>NetApp expects its expertise in tackling critical customer priorities, such as AI, business analytics, cloud transitions, data security and application modernization, to drive expansion. The enterprise storage products of NTAP will allow users to boost their workload including traditional enterprise applications and generative AI. </p>\n<h2>Robust Earnings Estimate Revisions for NTAP Stock</h2>\n<p>NTAP has an expected revenue and earnings growth rate of 4.9% and 8.8%, respectively, for the current year (ending April 2025). The Zacks Consensus Estimate for the current-quarter, next-quarter, current-year and next-year earnings has improved over the last 30 days.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/kZRpH3mp02vhVKTFJfi0Sw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/3dacd1e43a017861a97fa474b06cf247\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Attractive Price Upside Potential for NTAP Shares</h2>\n<p>The stock price of NetApp has climbed 29.6% year to date. In the past month shares have fallen 4.2%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 13.3% from the last closing price of $114.18. The brokerage target price is currently in the range of $108-$155.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/taP1usiTyLGZAXKJcse0AA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/e2b68efd378f35df84fb63b32fa13bd6\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<p>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report</p>\n<p>Intel Corporation (INTC) : Free Stock Analysis Report</p>\n<p>Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report</p>\n<p>NetApp, Inc. (NTAP) : Free Stock Analysis Report</p>\n<p>Micron Technology, Inc. (MU) : Free Stock Analysis Report</p>\n<p>NVIDIA Corporation (NVDA) : Free Stock Analysis Report</p>\n<p>Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report</p>\n<p>To read this article on Zacks.com click here.</p>\n<p>Zacks Investment Research</p></body></html>","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>Golden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip</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\">\nGolden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-09 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four...</p>\n\n<a href=\"https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/as5m4_sYhwbum22y4k2zVQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d43cb7b76527c97c59494165d3dffeae","relate_stocks":{"LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","MU":"美光科技","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","2NVD.UK":"2X NVIDIA ETP","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU0109392836.USD":"富兰克林科技股A","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","TSM":"台积电","BK4529":"IDC概念","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","03145":"华夏亚洲高息股","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","L":"洛斯公司","BK4533":"AQR资本管理(全球第二大对冲基金)","COMP":"Compass, Inc.","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4527":"明星科技股","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","NTAP":"美国网存","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","BK4526":"热门中概股","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","3NVD.UK":"LS 3X NVIDIA","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","BK4551":"寇图资本持仓"},"source_url":"https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2466939911","content_text":"September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.  \nThe extremely overvalued artificial intelligence (AI) stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.\nThree such stocks are: Taiwan Semiconductor Manufacturing Company Ltd. TSM, Micron Technology Inc. MU and NetApp Inc. NTAP. All three stocks currently carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. \nIs Recession Nearby or a Knee-Jerk Expression? \nTheoretically a recession means contraction of GDP (negative GDP growth rate) for two consecutive quarters. The U.S. GDP grew at 1.4% in first-quarter 2024. The second reading of second-quarter GDP was 3%. On Sept 4, the Atlanta Fed GDPNow projected a 2.1% GDP growth rate for the third quarter. \nSome soft key economic data over a period of time never indicate a nearby recession. In fact, the Fed was eagerly waiting for these weak economic data, especially labor market data, along with a gradually declining inflation rate, in order to initiate a rate-cut regime. \nFinally, the recent AI turmoil is nothing but profit-taking, especially on the part of institutional investors. Stock markets consist of bull and bear operators. As bulls fly high, bears wait quietly for a suitable time and some reasons to be good enough for profit-booking so that they can reenter the market at a reasonably low level. \nSo far, this year, buy-on-the-dip remains the best investment strategy. Every dip in stocks, especially in AI-giants, has resulted in more aggressive returns in a short span. This time too, the same outcome will appear. \nThree AI-Focused Stocks With Significant Price Upside\nTaiwan Semiconductor Manufacturing Co. Ltd.\nTaiwan Semiconductor has become a new poster boy on the global artificial intelligence (AI) frenzy. TSM is the largest manufacturer of AI-based chipsets for the world’s best AI chipset developers. The company is experiencing solid demand for its advanced technologies, such as 3-nanometer (nm) and 5nm. TSM’s growing efforts to ramp up the production of 3nm and development of 2nm is a plus.\nTSM is the largest manufacturer of NVIDIA Corp.’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to Advanced Micro Devices Inc. AMD and Intel Corp. INTC to name a few. \nSolid Earnings Estimate Revisions for TSM Stock\nTSM has an expected revenue and earnings growth rate of 23.6% and 24.5%, respectively, for the current year. The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 30 days.\nImage Source: Zacks Investment Research\nHuge Price Upside Potential for TSM Shares\nThe stock price of Taiwan Semiconductor has jumped 50.8% year to date. In the past month shares have fallen 4.7%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 25.1% from the last closing price of $156.82. The brokerage target price is currently in the range of $170-$250.\nImage Source: Zacks Investment Research\nMicron Technology Inc.\nMicron Technology has been benefiting from the enormous growth of AI applications that boosted demand for its high bandwidth memory chips. MU is a major producer of memory chips used in NVIDIA’s GPUs. MU is benefiting from improved market conditions, robust sales executions and strong growth across multiple business units.\nMicron Technology anticipates the pricing of DRAM and NAND chips to increase, thereby improving its revenues. The pricing benefits will primarily be driven by rising AI servers, causing a scarcity in the availability of cutting-edge DRAM and NAND supplies. Also, 5G adoption in IoT devices and wireless infrastructure will spur demand for memory and storage.\nStrong Earnings Estimate Revisions for MU Stock\nMU has an expected revenue and earnings growth rate of 57% and more than 100%, respectively, for the current year (ending August 2025). The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 60 days.\nImage Source: Zacks Investment Research\nTremendous Price Upside Potential for MU Shares\nThe stock price of Micron Technology has advanced a meager 1.3% year to date. In the past month shares have fallen 6.2%. Despite this, the short-term average price target of brokerage firms for the stock represents a jump of 80% from the last closing price of $86.38. The brokerage target price is currently in the range of $100-$225.\nImage Source: Zacks Investment Research\nNetApp Inc.\nNetApp’s performance is being driven by demand across the all-flash and cloud storage portfolio. In the fourth quarter of 2024, all-Flash Array Business’ annualized revenue run rate was $3.6 billion, up 17% year over year. \nNetApp expects its expertise in tackling critical customer priorities, such as AI, business analytics, cloud transitions, data security and application modernization, to drive expansion. The enterprise storage products of NTAP will allow users to boost their workload including traditional enterprise applications and generative AI. \nRobust Earnings Estimate Revisions for NTAP Stock\nNTAP has an expected revenue and earnings growth rate of 4.9% and 8.8%, respectively, for the current year (ending April 2025). The Zacks Consensus Estimate for the current-quarter, next-quarter, current-year and next-year earnings has improved over the last 30 days.\nImage Source: Zacks Investment Research\nAttractive Price Upside Potential for NTAP Shares\nThe stock price of NetApp has climbed 29.6% year to date. In the past month shares have fallen 4.2%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 13.3% from the last closing price of $114.18. The brokerage target price is currently in the range of $108-$155.\nImage Source: Zacks Investment Research\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nIntel Corporation (INTC) : Free Stock Analysis Report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nNetApp, Inc. (NTAP) : Free Stock Analysis Report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nTaiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342732184690904,"gmtCreate":1724681475512,"gmtModify":1724681479153,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643766897530","authorIdStr":"3581643766897530"},"themes":[],"htmlText":"Fake news. It will continue to fall","listText":"Fake news. It will continue to fall","text":"Fake news. It will continue to fall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342732184690904","repostId":"2462913768","repostType":2,"repost":{"id":"2462913768","pubTimestamp":1724679419,"share":"https://ttm.financial/m/news/2462913768?lang=&edition=fundamental","pubTime":"2024-08-26 21:36","market":"sh","language":"en","title":"ASML: No Real Reasons For Bulls To Panic","url":"https://stock-news.laohu8.com/highlight/detail?id=2462913768","media":"seekingalpha","summary":"ASML investors endured a brutal bear market recently. Is the rally really over?","content":"<html><body><ul><li>ASML investors endured a brutal bear market recently. Is the rally really over?</li><li>ASML is the undisputed EUV leader, benefiting from the surge in AI infrastructure investments.</li><li>The Dutch company could see topline growth returning in 2025 as it laps a transition year.</li><li>Geopolitical risks due to its China exposure could hinder a more robust valuation re-rating.</li><li>I explain why the recent bear market has provided another solid opportunity for long-term investors to buy more. Here's why.</li></ul><p><figure><picture><img fetchpriority=\"high\" height=\"1024px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg?io=getty-c-w240 240w\" width=\"1536px\"/></picture><figcaption><p>Pixelbizz/iStock Editorial via Getty Images</p></figcaption></figure></p> <h2>ASML: Brutal Bear Market, But Don't Fear</h2> <p>ASML Holding (<span>NASDAQ:ASML</span>) investors have endured a brutal summer, as ASML stock topped out in early July 2024 before collapsing over 30% through its August lows. However, robust dip-buying sentiment has<span> been assessed above the $750 level as investors bet on a turnaround in the stock.</span></p> <p>In my bullish ASML article in June 2024, I updated that its breakout rally seemed imminent. While the breakout arrived, it quickly fizzled out as semiconductor investors considered the sustainability of the AI upcycle. In addition, the unwinding of the yen carry trade in early August intensified the pain of ASML's outward rotation. Notwithstanding its recent recovery, the stock remains almost 20% below its July highs, suggesting a significant level of caution is still observed.</p> <p>With the S&amp;P 500 (SP500) closing<span> in against its all-time highs, is the rally for ASML over as investors reassess Nvidia's (</span>NVDA<span>) upcoming earnings release this week? There's no doubt that </span>Nvidia's earnings will be closely scrutinized<span> to ascertain whether AI infrastructure stocks can continue their spectacular run.</span></p> <h2>ASML Rides The AI Infrastructure Tailwinds</h2> <p>As the provider of EUV lithography machines, ASML has a stranglehold over the supply of AI chipmaking equipment for leading-edge foundries like TSMC (TSM). Samsung (OTCPK:SSNLF) and Intel (INTC) have also attempted to catch up with the Taiwanese foundry leader, which should spur an EUV arms race as we transition into the High NA era. As a reminder, ASML emphasized that \"High NA will enable an almost three-time increase in transistor density relative to the Low NA system.\" In addition, the ASP for its High NA systems cost \"north of EUR350M\" each. Consequently, I assess the significant potential for the EUV leader to benefit from the AI arms race as hyperscalers and big tech invest more aggressively to maintain their leadership edge.</p> <p>Based on recent big tech earnings, it has become increasingly clear that big tech views AI as a fundamental underpinning to its growth strategy. It also views it through a long-term lens, expressing confidence in the potentially lasting impact of investing ahead of the curve or risking falling behind its peers.</p> <p>Therefore, I believe ASML is well-positioned to capitalize on the underlying AI growth drivers, benefiting its key foundry customers. Given the announced reduction in CapEx investments, Intel's foundry roadmap could be affected. Therefore, some investors could be concerned whether Intel's delay/reductions could affect the ramp-up of its foundry investments, potentially slowing the revenue conversion for ASML.</p> <p>Accordingly, ASML expects 2024 to be a \"transition\" year, as it expects to achieve a midpoint revenue of between EUR30B and EUR40B in 2025. In addition, the company has continued to record strong bookings, resulting in a total backlog of EUR39B in Q2. As a result, I believe it provides substantial clarity into the company's 2025 revenue conversion prospects, potentially lowering the execution risks.</p> <p>In addition, the ramp-up in AI memory demand through HBM memory solutions is also expected to provide further tailwinds for ASML. As Samsung and Micron (MU) compete against SK Hynix in the HBM space, it should spur another race to become Nvidia's preferred HBM supplier. Therefore, I assess that ASML's ability to capitalize on the AI logic and memory growth drivers should mitigate the transition risks as its customers move toward High NA models subsequently.</p> <h2>ASML Anticipates 2025 To Be Solid</h2> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/8/26/51630113-17246502776908267.jpg\"/></span></picture><figcaption><p>ASML estimates (TIKR)</p></figcaption></figure></p> <p>As seen above, ASML's revenue growth is expected to see an inflection from 2025, aligned with management's confident commentary and outlook. The robust downstream demand from the hyperscalers and big tech has afforded more clarity to ASML's projections. While a normalization could occur from 2026, a potentially more aggressive AI investment cadence could help mitigate some of the assessed growth normalization impact. Furthermore, AI factories could be the next growth vector not encapsulated in the current forecasts as enterprise customers and smaller data centers broaden their AI adoption.</p> <p>However, ASML is still susceptible to US export restrictions on chips, which could hobble its sales to Chinese customers. Despite that, the recent announcement that ASML could be exempt from more harsh restrictions has helped ease investor concerns. Notably, China sales have lifted ASML's prospects, accounting for 49% of net system sales in Q2.</p> <p>China is assessed to be stockpiling chip equipment in anticipation of more draconian rules as a new administration takes over from the outgoing Biden administration in early 2025. Therefore, I assess that unless the market anticipates a significant deterioration in China-related sales due to more draconian restrictions, China is still expected to be a tailwind for ASML.</p> <h2>Is ASML Stock A Buy, Sell, Or Hold?</h2> <p><figure contenteditable=\"false\"><picture><span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/8/26/51630113-17246511079904816.png\"/></span></picture><figcaption><p>ASML price chart (weekly, medium-term, adjusted for dividends) (TradingView)</p></figcaption></figure></p> <p>ASML fell into a bear market over the past month but saw robust buying support above the $750 level as buyers returned aggressively. ASML's \"B\" momentum grade corroborates my conviction, although the selling intensity took some shine off its previous rally.</p> <p>However, ASML's forward-adjusted PEG ratio of 1.9 is aligned with its sector median of 1.92. It's also broadly consistent with its 5Y average of 1.83, suggesting the stock doesn't seem to be overvalued, considering its fundamentally strong thesis.</p> <p>The stock's \"A+\" profitability grade underpins my bullish proposition. I suggest investors consider joining the dip-buyers in early August and betting on a further rally in the stock.</p> <h2>Risks To ASML's Bullish Thesis</h2> <p>ASML is still priced for growth, as seen with its \"A-\" growth grade. Therefore, a marked slowdown in AI infrastructure investments could have an outsized impact on its forward bookings, resulting in a worse-than-anticipated deceleration in revenue growth.</p> <p>China remains a significant geopolitical headwind, potentially facing more uncertainties as a new administration assumes power in early 2025. While ASML's leading-edge equipment sales should help mitigate a slowdown in the Chinese market, it could also lead to a valuation de-rating in ASML.</p> <p><em>Rating: Maintain Buy.</em></p> <p><em>Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified.</em></p> <p><strong>I Want To Hear From You</strong></p> <p>Have constructive commentary to improve our thesis? Spotted a critical gap in our view? Saw something important that we didn't? Agree or disagree? Comment below with the aim of helping everyone in the community to learn better!</p> <div></div> <p>Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASML: No Real Reasons For Bulls To Panic</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\">\nASML: No Real Reasons For Bulls To Panic\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-26 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4717080-asml-no-real-reasons-for-bulls-to-panic><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ASML investors endured a brutal bear market recently. Is the rally really over?ASML is the undisputed EUV leader, benefiting from the surge in AI infrastructure investments.The Dutch company could see...</p>\n\n<a href=\"https://seekingalpha.com/article/4717080-asml-no-real-reasons-for-bulls-to-panic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2151265313/image_2151265313.jpg","relate_stocks":{"TSM":"台积电","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4566":"资本集团","03165":"华夏欧优股对冲","INTC":"英特尔","BK4147":"半导体设备","SSNLF":"三星电子","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","BK4550":"红杉资本持仓","LU0541502299.USD":"ALLSPRING  EMERGING MARKETS EQUITY \"I\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","ASML":"阿斯麦","MU":"美光科技","03145":"华夏亚洲高息股","NVDA":"英伟达","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","LU0143863784.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"DU\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4512":"苹果概念","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","BK4549":"软银资本持仓","LU1868837565.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"1\" (USD) ACC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","BK4548":"巴美列捷福持仓","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","BK4554":"元宇宙及AR概念","LU1211504680.USD":"ALLIANZ HIGH DIVIDEND ASIA PACIFIC EQUITY \"AM\" (USD) INC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4553":"喜马拉雅资本持仓","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4567":"ESG概念","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC"},"source_url":"https://seekingalpha.com/article/4717080-asml-no-real-reasons-for-bulls-to-panic","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2462913768","content_text":"ASML investors endured a brutal bear market recently. Is the rally really over?ASML is the undisputed EUV leader, benefiting from the surge in AI infrastructure investments.The Dutch company could see topline growth returning in 2025 as it laps a transition year.Geopolitical risks due to its China exposure could hinder a more robust valuation re-rating.I explain why the recent bear market has provided another solid opportunity for long-term investors to buy more. Here's why.Pixelbizz/iStock Editorial via Getty Images ASML: Brutal Bear Market, But Don't Fear ASML Holding (NASDAQ:ASML) investors have endured a brutal summer, as ASML stock topped out in early July 2024 before collapsing over 30% through its August lows. However, robust dip-buying sentiment has been assessed above the $750 level as investors bet on a turnaround in the stock. In my bullish ASML article in June 2024, I updated that its breakout rally seemed imminent. While the breakout arrived, it quickly fizzled out as semiconductor investors considered the sustainability of the AI upcycle. In addition, the unwinding of the yen carry trade in early August intensified the pain of ASML's outward rotation. Notwithstanding its recent recovery, the stock remains almost 20% below its July highs, suggesting a significant level of caution is still observed. With the S&P 500 (SP500) closing in against its all-time highs, is the rally for ASML over as investors reassess Nvidia's (NVDA) upcoming earnings release this week? There's no doubt that Nvidia's earnings will be closely scrutinized to ascertain whether AI infrastructure stocks can continue their spectacular run. ASML Rides The AI Infrastructure Tailwinds As the provider of EUV lithography machines, ASML has a stranglehold over the supply of AI chipmaking equipment for leading-edge foundries like TSMC (TSM). Samsung (OTCPK:SSNLF) and Intel (INTC) have also attempted to catch up with the Taiwanese foundry leader, which should spur an EUV arms race as we transition into the High NA era. As a reminder, ASML emphasized that \"High NA will enable an almost three-time increase in transistor density relative to the Low NA system.\" In addition, the ASP for its High NA systems cost \"north of EUR350M\" each. Consequently, I assess the significant potential for the EUV leader to benefit from the AI arms race as hyperscalers and big tech invest more aggressively to maintain their leadership edge. Based on recent big tech earnings, it has become increasingly clear that big tech views AI as a fundamental underpinning to its growth strategy. It also views it through a long-term lens, expressing confidence in the potentially lasting impact of investing ahead of the curve or risking falling behind its peers. Therefore, I believe ASML is well-positioned to capitalize on the underlying AI growth drivers, benefiting its key foundry customers. Given the announced reduction in CapEx investments, Intel's foundry roadmap could be affected. Therefore, some investors could be concerned whether Intel's delay/reductions could affect the ramp-up of its foundry investments, potentially slowing the revenue conversion for ASML. Accordingly, ASML expects 2024 to be a \"transition\" year, as it expects to achieve a midpoint revenue of between EUR30B and EUR40B in 2025. In addition, the company has continued to record strong bookings, resulting in a total backlog of EUR39B in Q2. As a result, I believe it provides substantial clarity into the company's 2025 revenue conversion prospects, potentially lowering the execution risks. In addition, the ramp-up in AI memory demand through HBM memory solutions is also expected to provide further tailwinds for ASML. As Samsung and Micron (MU) compete against SK Hynix in the HBM space, it should spur another race to become Nvidia's preferred HBM supplier. Therefore, I assess that ASML's ability to capitalize on the AI logic and memory growth drivers should mitigate the transition risks as its customers move toward High NA models subsequently. ASML Anticipates 2025 To Be Solid ASML estimates (TIKR) As seen above, ASML's revenue growth is expected to see an inflection from 2025, aligned with management's confident commentary and outlook. The robust downstream demand from the hyperscalers and big tech has afforded more clarity to ASML's projections. While a normalization could occur from 2026, a potentially more aggressive AI investment cadence could help mitigate some of the assessed growth normalization impact. Furthermore, AI factories could be the next growth vector not encapsulated in the current forecasts as enterprise customers and smaller data centers broaden their AI adoption. However, ASML is still susceptible to US export restrictions on chips, which could hobble its sales to Chinese customers. Despite that, the recent announcement that ASML could be exempt from more harsh restrictions has helped ease investor concerns. Notably, China sales have lifted ASML's prospects, accounting for 49% of net system sales in Q2. China is assessed to be stockpiling chip equipment in anticipation of more draconian rules as a new administration takes over from the outgoing Biden administration in early 2025. Therefore, I assess that unless the market anticipates a significant deterioration in China-related sales due to more draconian restrictions, China is still expected to be a tailwind for ASML. Is ASML Stock A Buy, Sell, Or Hold? ASML price chart (weekly, medium-term, adjusted for dividends) (TradingView) ASML fell into a bear market over the past month but saw robust buying support above the $750 level as buyers returned aggressively. ASML's \"B\" momentum grade corroborates my conviction, although the selling intensity took some shine off its previous rally. However, ASML's forward-adjusted PEG ratio of 1.9 is aligned with its sector median of 1.92. It's also broadly consistent with its 5Y average of 1.83, suggesting the stock doesn't seem to be overvalued, considering its fundamentally strong thesis. The stock's \"A+\" profitability grade underpins my bullish proposition. I suggest investors consider joining the dip-buyers in early August and betting on a further rally in the stock. Risks To ASML's Bullish Thesis ASML is still priced for growth, as seen with its \"A-\" growth grade. Therefore, a marked slowdown in AI infrastructure investments could have an outsized impact on its forward bookings, resulting in a worse-than-anticipated deceleration in revenue growth. China remains a significant geopolitical headwind, potentially facing more uncertainties as a new administration assumes power in early 2025. While ASML's leading-edge equipment sales should help mitigate a slowdown in the Chinese market, it could also lead to a valuation de-rating in ASML. Rating: Maintain Buy. Important note: Investors are reminded to do their due diligence and not rely on the information provided as financial advice. Consider this article as supplementing your required research. Please always apply independent thinking. Note that the rating is not intended to time a specific entry/exit at the point of writing unless otherwise specified. I Want To Hear From You Have constructive commentary to improve our thesis? Spotted a critical gap in our view? Saw something important that we didn't? Agree or disagree? Comment below with the aim of helping everyone in the community to learn better!  Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333088448262248,"gmtCreate":1722348463080,"gmtModify":1722348467048,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643766897530","authorIdStr":"3581643766897530"},"themes":[],"htmlText":"Can't trust these articles these days. Only direction is down!","listText":"Can't trust these articles these days. Only direction is down!","text":"Can't trust these articles these days. Only direction is down!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333088448262248","repostId":"2455459106","repostType":2,"repost":{"id":"2455459106","pubTimestamp":1722294558,"share":"https://ttm.financial/m/news/2455459106?lang=&edition=fundamental","pubTime":"2024-07-30 07:09","market":"us","language":"en","title":"Micron Technology, Inc. (MU): Peconic Partners is Bullish on This Stock Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2455459106","media":"Insider Monkey","summary":"We recently compiled a list of the 191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks. In this article, we are going to take a look at where Micron Technology, Inc.  stands against the other stocks.Established in 1997, Peconic Partners is a hedge fund manager based in New York, under the leadership of William Harnisch. The firm manages both its capital and that of its clients, using long/short equity hedge fund strategies. It also follows a thematic investment approach with a structured and consistent methodology, aiming to achieve positive returns over the long term regardless of market conditions.Peconic Partners's stock selection approach is driven by its deep experience. The Peconic Partners investment strategy has a history spanning over 40 years, originating with its predecessor firm. Peconic Partners' long-term track record, history of capital appreciation, and past ability to generate alpha are testaments to the vision, insight, and patience derived from their experien","content":"<html><body><p>We recently compiled a list of the <strong>191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks</strong>. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other stocks.</p>\n<p>Established in 1997, Peconic Partners is a hedge fund manager based in New York, under the leadership of William Harnisch. The firm manages both its capital and that of its clients, using long/short equity hedge fund strategies. It also follows a thematic investment approach with a structured and consistent methodology, aiming to achieve positive returns over the long term regardless of market conditions.</p>\n<p>Peconic Partners's stock selection approach is driven by its deep experience. The Peconic Partners investment strategy has a history spanning over 40 years, originating with its predecessor firm. Peconic Partners' long-term track record, history of capital appreciation, and past ability to generate alpha are testaments to the vision, insight, and patience derived from their experience.</p>\n<p>William Harnisch is the Chief Investment Strategist at Peconic Partners. He managed Peconic Partners from the late 1970s until 1997 when the long-only business was sold to a privately-held financial services firm aiming to expand its asset management business. However, William Harnisch and his partners retained exclusive ownership of the hedge business. In December 2004, he and the current Peconic team formed Peconic Partners, continuing the successful and disciplined hedge fund strategy practiced since the late 1970s.</p>\n<p>Mr. Harnisch's career began in 1968 at Chase Manhattan Bank. He later joined Forstmann-Leff Associates (FLA), managing assets exceeding $5 billion and entering the hedge fund business in 1986. In 1997, he sold FLA's long-only business and in 2004, he founded Peconic Partners to concentrate on hedged products. William Harnisch holds a B.B.A. from Baruch College and is a Chartered Financial Analyst. He is active in philanthropy through the William F. Harnisch Foundation and is a board member of the Baruch College Fund. His market insights have been featured in the Wall Street Journal and Barron’s.</p>\n<p>In 2023, Peconic Partners LLC regained the top spot on HedgeFollow's Top 20 Best Performing Hedge Funds list. Despite challenges like rising inflation and market volatility, Peconic Partners delivered a remarkable 191.50% performance over three years. This achievement is significant as many money managers struggled during a surprising market rally. While only 38% of large-cap mutual funds beat the market in 2023, and long-short hedge funds saw minimal gains, Peconic Partners excelled. For the fourth year in a row, the New York-based fund achieved an annual gain of 38%, three times higher than the S&amp;P 500’s performance.</p>\n<p>In late December of 2023, Mr. Harnisch increased bets against the SPDR S&amp;P 500 ETF Trust and took short positions in expensive industrial stocks and consumer-product makers that have raised prices aggressively. This caused the fund's net leverage to decrease from 50% to 33% in a few weeks, and it has continued to drop in early 2024.</p>\n<p><em><strong>Our Methodology</strong></em></p>\n<p>The companies mentioned in this article come from Peconic Hedge Fund's top 10 stock picks at the end of the first quarter of 2024. To give readers a thorough understanding of these companies, we've included analyst ratings and other relevant details. We also mention the number of hedge fund investors in each company. Why focus on the stocks that hedge funds invest in? Our research shows that mimicking the top picks of the best hedge funds can lead to market-beating returns. Our quarterly newsletter's strategy, which selects 14 small-cap and large-cap stocks each quarter, has returned 275% since May 2014, outperforming its benchmark by 150 percentage points. (<strong>see more details here</strong>)</p>\n<img height=\"816\" src=\"https://s.yimg.com/uu/api/res/1.2/Gc4T_wfef3fvoTlKk1hNEg--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/cece14d8df3ff9750f89999715c2f4bb\" width=\"1456\"/> A close-up view of a computer motherboard with integrated semiconductor chips. \n<h3>Micron Technology, Inc. (NASDAQ:MU)</h3>\n<p><em><strong>Number of Hedge Fund Holders:\n    115</strong></em></p>\n<p>Micron Technology, Inc. (NASDAQ:MU) ranks 4th in Peconic Hedge Fund's top 10 stock picks. According to regulatory filings for the first quarter of 2024, Peconic Partners owned 775,000 shares of Micron Technology, Inc. (NASDAQ:MU), worth $91,364,750, representing 4.05% of their portfolio. Micron Technology, Inc. (NASDAQ:MU) is enjoying increased profitability thanks to strong demand for its memory and storage products. Micron Technology, Inc. (NASDAQ:MU) exceeded profit expectations for Q3 2024, with sales surging, and plans to boost capital expenditures to meet this demand.</p>\n<p>Financial researcher On the Pulse stated that Micron Technology, Inc. (NASDAQ:MU)'s stock is undervalued, trading at less than 13.9 times its earnings, and has the potential for substantial sales growth in 2025.</p>\n<p>ClearBridge Value Equity Strategy stated the following regarding Micron Technology, Inc. (NASDAQ:MU) in its Q2 2024 investor letter:</p>\n<blockquote>\n<p>“Stock selection in the IT sector proved to be the largest contributor to performance, particularly driven by the strong performance of <strong>Micron Technology, Inc.</strong> (NASDAQ:MU) The company, which designs, develops, manufactures and sells memory and storage products, continued its strong performance alongside other AI beneficiaries as the anticipated demand for new and additional storage essential for housing and training large language AI models continues to grow.”</p>\n</blockquote>\n<p>Overall MU <strong>ranks 4th</strong> on our list of Peconic Partners' top 10 stock picks. You can visit <strong>191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks</strong><strong> </strong>to see the other stocks that are on hedge funds’ radar. While we recognize MU's potential as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than MU but that trades at less than 5 times its earnings, check out our report about the<strong> cheapest AI stock</strong>.</p>   \n<p><strong>READ NEXT: Analyst Sees a New $25 Billion “Opportunity” for NVIDIA and Jim Cramer is Recommending These 10 Stocks in June.</strong></p>   \n<p>Disclosure: None. This article is originally published at Insider Monkey.</p></body></html>","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>Micron Technology, Inc. (MU): Peconic Partners is Bullish on This Stock Now</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\">\nMicron Technology, Inc. (MU): Peconic Partners is Bullish on This Stock Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-30 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/micron-technology-inc-mu-peconic-230918936.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the 191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against...</p>\n\n<a href=\"https://finance.yahoo.com/news/micron-technology-inc-mu-peconic-230918936.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/WV1rZpZVZ5.vOErnVRlVLA--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/cece14d8df3ff9750f89999715c2f4bb","relate_stocks":{"IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","PSQ":"纳指反向ETF","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4512":"苹果概念",".IXIC":"NASDAQ Composite","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","BK4585":"ETF&股票定投概念","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4575":"芯片概念","QID":"纳指两倍做空ETF","MU":"美光科技","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4527":"明星科技股","BK4579":"人工智能","LU0082616367.USD":"摩根大通美国科技A（dist）","SQQQ":"纳指三倍做空ETF","BK4588":"碎股","BK4141":"半导体产品","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","TQQQ":"纳指三倍做多ETF","QLD":"纳指两倍做多ETF","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC"},"source_url":"https://finance.yahoo.com/news/micron-technology-inc-mu-peconic-230918936.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2455459106","content_text":"We recently compiled a list of the 191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other stocks.\nEstablished in 1997, Peconic Partners is a hedge fund manager based in New York, under the leadership of William Harnisch. The firm manages both its capital and that of its clients, using long/short equity hedge fund strategies. It also follows a thematic investment approach with a structured and consistent methodology, aiming to achieve positive returns over the long term regardless of market conditions.\nPeconic Partners's stock selection approach is driven by its deep experience. The Peconic Partners investment strategy has a history spanning over 40 years, originating with its predecessor firm. Peconic Partners' long-term track record, history of capital appreciation, and past ability to generate alpha are testaments to the vision, insight, and patience derived from their experience.\nWilliam Harnisch is the Chief Investment Strategist at Peconic Partners. He managed Peconic Partners from the late 1970s until 1997 when the long-only business was sold to a privately-held financial services firm aiming to expand its asset management business. However, William Harnisch and his partners retained exclusive ownership of the hedge business. In December 2004, he and the current Peconic team formed Peconic Partners, continuing the successful and disciplined hedge fund strategy practiced since the late 1970s.\nMr. Harnisch's career began in 1968 at Chase Manhattan Bank. He later joined Forstmann-Leff Associates (FLA), managing assets exceeding $5 billion and entering the hedge fund business in 1986. In 1997, he sold FLA's long-only business and in 2004, he founded Peconic Partners to concentrate on hedged products. William Harnisch holds a B.B.A. from Baruch College and is a Chartered Financial Analyst. He is active in philanthropy through the William F. Harnisch Foundation and is a board member of the Baruch College Fund. His market insights have been featured in the Wall Street Journal and Barron’s.\nIn 2023, Peconic Partners LLC regained the top spot on HedgeFollow's Top 20 Best Performing Hedge Funds list. Despite challenges like rising inflation and market volatility, Peconic Partners delivered a remarkable 191.50% performance over three years. This achievement is significant as many money managers struggled during a surprising market rally. While only 38% of large-cap mutual funds beat the market in 2023, and long-short hedge funds saw minimal gains, Peconic Partners excelled. For the fourth year in a row, the New York-based fund achieved an annual gain of 38%, three times higher than the S&P 500’s performance.\nIn late December of 2023, Mr. Harnisch increased bets against the SPDR S&P 500 ETF Trust and took short positions in expensive industrial stocks and consumer-product makers that have raised prices aggressively. This caused the fund's net leverage to decrease from 50% to 33% in a few weeks, and it has continued to drop in early 2024.\nOur Methodology\nThe companies mentioned in this article come from Peconic Hedge Fund's top 10 stock picks at the end of the first quarter of 2024. To give readers a thorough understanding of these companies, we've included analyst ratings and other relevant details. We also mention the number of hedge fund investors in each company. Why focus on the stocks that hedge funds invest in? Our research shows that mimicking the top picks of the best hedge funds can lead to market-beating returns. Our quarterly newsletter's strategy, which selects 14 small-cap and large-cap stocks each quarter, has returned 275% since May 2014, outperforming its benchmark by 150 percentage points. (see more details here)\n A close-up view of a computer motherboard with integrated semiconductor chips. \nMicron Technology, Inc. (NASDAQ:MU)\nNumber of Hedge Fund Holders:\n    115\nMicron Technology, Inc. (NASDAQ:MU) ranks 4th in Peconic Hedge Fund's top 10 stock picks. According to regulatory filings for the first quarter of 2024, Peconic Partners owned 775,000 shares of Micron Technology, Inc. (NASDAQ:MU), worth $91,364,750, representing 4.05% of their portfolio. Micron Technology, Inc. (NASDAQ:MU) is enjoying increased profitability thanks to strong demand for its memory and storage products. Micron Technology, Inc. (NASDAQ:MU) exceeded profit expectations for Q3 2024, with sales surging, and plans to boost capital expenditures to meet this demand.\nFinancial researcher On the Pulse stated that Micron Technology, Inc. (NASDAQ:MU)'s stock is undervalued, trading at less than 13.9 times its earnings, and has the potential for substantial sales growth in 2025.\nClearBridge Value Equity Strategy stated the following regarding Micron Technology, Inc. (NASDAQ:MU) in its Q2 2024 investor letter:\n\n“Stock selection in the IT sector proved to be the largest contributor to performance, particularly driven by the strong performance of Micron Technology, Inc. (NASDAQ:MU) The company, which designs, develops, manufactures and sells memory and storage products, continued its strong performance alongside other AI beneficiaries as the anticipated demand for new and additional storage essential for housing and training large language AI models continues to grow.”\n\nOverall MU ranks 4th on our list of Peconic Partners' top 10 stock picks. You can visit 191.50% in 3 Years: Peconic Hedge Fund's Top 10 Stock Picks to see the other stocks that are on hedge funds’ radar. While we recognize MU's potential as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than MU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT: Analyst Sees a New $25 Billion “Opportunity” for NVIDIA and Jim Cramer is Recommending These 10 Stocks in June.   \nDisclosure: None. This article is originally published at Insider Monkey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":332867567485032,"gmtCreate":1722294537109,"gmtModify":1722294540485,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643766897530","authorIdStr":"3581643766897530"},"themes":[],"htmlText":"Fake news. It will only spiral down","listText":"Fake news. It will only spiral down","text":"Fake news. It will only spiral down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/332867567485032","repostId":"2455963666","repostType":2,"repost":{"id":"2455963666","pubTimestamp":1722268573,"share":"https://ttm.financial/m/news/2455963666?lang=&edition=fundamental","pubTime":"2024-07-29 23:56","market":"us","language":"en","title":"The Tech Wreck Is Likely Over: Higher Prices Should Be Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2455963666","media":"seekingalpha","summary":"Is the pullback over already?Or is there more pain ahead?","content":"<html><body><ul><li>Recent market volatility led to a 5% pullback in the S&amp;P 500, with some high quality tech stocks declining by 20-30% or more.</li><li>Despite near-term volatility, the market's intermediate and longer-term outlook remains favorable, with a potential buying opportunity for high-quality stocks.</li><li>Anticipation of a September rate cut by the Fed could provide a positive environment for risk assets, including high-quality stocks, with valuations remaining reasonable.</li><li>Nasdaq 100 futures declined by 10%, bringing tech stocks into a support/buy-in zone, potentially signaling a bottom for the sector.</li><li>Many top tech stocks experienced significant declines during the recent correction, suggesting a reset process that could lead to a new uptrend.</li></ul><p><figure><picture><img fetchpriority=\"high\" height=\"1024px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg?io=getty-c-w240 240w\" width=\"1536px\"/></picture><figcaption><p>DNY59</p></figcaption></figure></p> <p>We recently witnessed an increase in volatility, so I began exploring several compelling buying opportunities last week. Was this the highly anticipated correction? Is the pullback over already? Or is there more pain ahead?</p> <h2>An Exciting Several Weeks In<span> The Market</span> </h2> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"676\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-17222421595774693.png\" width=\"640\"/></span><figcaption><p>SPX (StockCharts.com | Advanced Financial Charts &amp; Technical Analysis Tools)</p></figcaption></figure></p> <p>These past few weeks have been exciting, especially since the highly anticipated pullback began. The S&amp;P 500 Index (SP500, SPX) had become extremely overbought on a near-term basis and needed to reset. The peak-to-trough pullback has been 5%. Whether that is enough remains to be seen. Still, seeing some healthy rotation and a constructive pullback in many high-quality stocks that got ahead of themselves technically and from a valuation standpoint is a relief.</p> <p>From a technical standpoint, the crucial support remains at the 5,400-5,300 level, and the SPX had a<span> constructive rebound off this critical support point. While we may see more transitory volatility here in the near term, the intermediate and longer-term images remain favorable, and the bullish uptrend remains intact. Therefore, I am treating the recent weakness as a compelling buying opportunity, and I will buy more high-quality stocks if the volatility persists.</span></p> <h2>Tech - Could Have Bottomed</h2> <p>For tech, we usually follow the NASDAQ 100-Index (<span>NDX</span>) futures, and I also like the Invesco QQQ Trust ETF (QQQ), the \"Nasdaq 100\" ETF. While the SPX declined by a textbook 5% in the recent rotation and pullback phase, the Nasdaq 100 futures declined by precisely 10%.</p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"676\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-17222432758117392.png\" width=\"640\"/></span><figcaption><p>QQQ (StockCharts.com | Advanced Financial Charts &amp; Technical Analysis Tools)</p></figcaption></figure></p> <p>We witnessed a 10% drop in the QQQ, bringing it down into our $460-450 support/buy-in zone. We also see QQQ going from being highly overbought technically to neutral, and now it is approaching oversold conditions. QQQ also dropped below its 50-day MA, much like during prior pullbacks. While there may be more transitory downside, this is a solid spot to increase specific tech. Furthermore, while the QQQ declined by 10%, many top tech stocks got hammered during the recent correction.</p> <p><strong>For Instance:</strong></p> <ul> <li>Apple Inc. (AAPL): 10%.</li> <li>Microsoft Corporation (MSFT): 11%.</li> <li>NVIDIA Corporation (NVDA): 25%.</li> <li>Amazon.com, Inc. (AMZN): 12%.</li> <li>Alphabet Inc. (GOOG, GOOGL): 15%.</li> <li><a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Inc. (META): 18%.</li> <li>Broadcom Inc. (AVGO): 22%.</li> <li>Advanced Micro Devices, Inc. (AMD): 27%.</li> <li>Tesla, Inc. (TSLA): 20%.</li> <li>Micron Technology, Inc. (MU): 33%.</li> <li>Dell Technologies Inc. (DELL): 38%.</li> <li>Snap Inc. (SNAP): 24%.</li> <li><a href=\"https://laohu8.com/S/SOUNW\">SoundHound AI, Inc.</a> (SOUN): 32%.</li> </ul> <p>While some \"top stocks\" only declined by 10-15%, many other mega gap tech companies declined by 20-30% (or more) during the recent sell-off process. This dynamic suggests that tech stocks may have gone through a constructive reset process and could begin their next move higher again soon.</p> <h2>Focusing On The Constructive Fundamental Set-Up</h2> <p>Instead of over-focusing on standard near-term market gyrations, market participants should focus on the intermediate and longer-term image favorable for high-quality equities. Solid earnings, robust economic data, decreasing inflation, and an approaching monetary easing cycle should provide a highly constructive atmosphere for stocks and other risk assets.</p> <h2>Big Tech Earnings In Focus</h2> <p>Many companies have beat their top and bottom line earnings estimates and are guiding to higher next-quarter and full-year targets than anticipated. This week is the busiest week of earnings season, with companies like Microsoft, AMD, Meta, Apple, Amazon, and other mega caps reporting earnings.</p> <p>Many stocks have been punished badly during the run-up in tech earnings. Therefore, we may not need stellar results, as the stocks are beaten up anyway. In-line or slightly better tech earnings could be enough to set the high-quality stocks here back on track in their long-term upward trajectories. Moreover, it's not just tech earnings, as we have the crucial FOMC meeting and the critical jobs numbers this week.</p> <h2><strong>This Week's Economic Data</strong></h2> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"547\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-1722245498634594.png\" width=\"640\"/></span><figcaption><p>Data (Investing.com - Stock Market Quotes &amp; Financial News)</p></figcaption></figure></p> <p>There is plenty of news, but the most crucial elements are the FOMC interest rate decision and statement on Wednesday and Friday's critical non-farm payrolls release. There's about a 96% probability that the Fed will leave the benchmark unchanged. Therefore, the market is pricing a \"no move\" Wednesday. Still, we want language indicating a high probability of a rate cut in September, as the market is pricing one in. The market could react negatively to any hawkish tone, as moving away from the September rate cut could upset the existing state of affairs here.</p> <h2>Fed Likely To Cut In September - 25 or 50 Bps?</h2> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"395\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-17222458850996284.png\" width=\"640\"/></span><figcaption><p>Rate probabilities (CMEGroup.com)</p></figcaption></figure></p> <p>There is now a 100% probability of a September rate cut. The question now is whether it will be 25 Bps or 50. There is about an 88% chance of a 25 Bps cut and about a 12% chance of a 50 Bps cut. Therefore, the cut will likely be 25 Bps, but that is not likely to disappoint markets. The crucial factor is to get the rate cuts going. Once the easing policy is in motion, stopping will be very challenging. The Fed may need to tolerate higher inflation in the future, but this could be positive for most risk assets, especially high-quality stocks. Significant liquidity could find its place in the market soon, and a solid place for it to flow into is high-quality stocks.</p> <p>Furthermore, we could see the odds of a 50 Bps move increasing, and the upcoming payroll report could increase the odds. The market is looking for 177K jobs, and the Goldilocks number is likely around 100-200K. However, we must walk a delicate tightrope, as we don't want a number below 100K because it seems too weak. We can see some softness in the labor market, but we must avoid deterioration as it could increase the prospects of a hard landing/possible recession, which we want to avoid.</p> <p>Therefore, it's best to stay below 100K, and we want a job number that is not too high because it could decrease the probability of a 50 Bps cut. While a read above 200K would not be considered catastrophic (because the September rate cut is factored in), I still prefer a 100-200K jobs read. The unemployment rate can stay or increase slightly to 4.2-4.3%. There is a low probability that unemployment will drop, and we want to avoid sharp increases to 4.4% or higher as this, too, could increase the odds of a hard landing scenario.</p> <h2>Valuations Assessment</h2> <p><figure contenteditable=\"false\"><span><img contenteditable=\"false\" height=\"155\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2024/7/29/48200183-17222469933060553.png\" width=\"640\"/></span><figcaption><p>P/E valuations (WSJ.com)</p></figcaption></figure></p> <p>The forward P/E for the SPX is about 22 and only around 28 for the Nasdaq 100. These are not expensive P/E ratios, especially considering the more accessible monetary environment ahead and the likely prospects for future earnings growth, efficiency increases, positive AI effects, and other variables. These could contribute to increasing growth, improving profitability, and multiple expansion. We have a unique and solid combination of constructive factors that should drive stock prices higher as we advance.</p> <div></div> <p>Also, I want to draw your attention to the fact that while P/E ratios have adjusted lower in many of the high-flying mega-cap tech names, primary average P/E ratios have roughly maintained their recent levels. They are retreating mildly due to the increased rotation into small/mid-cap and other sectors. Despite the prospects for near-term volatility, I remain constructive on the SPX and stocks in general in the intermediate and longer term. I am keeping my year-end SPX target range at 6,000-6,200.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Tech Wreck Is Likely Over: Higher Prices Should Be Ahead</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\">\nThe Tech Wreck Is Likely Over: Higher Prices Should Be Ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-29 23:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4707688-the-tech-wreck-is-likely-over-higher-prices-should-be-ahead><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Recent market volatility led to a 5% pullback in the S&P 500, with some high quality tech stocks declining by 20-30% or more.Despite near-term volatility, the market's intermediate and longer-term ...</p>\n\n<a href=\"https://seekingalpha.com/article/4707688-the-tech-wreck-is-likely-over-higher-prices-should-be-ahead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1391973547/image_1391973547.jpg","relate_stocks":{"NVDA":"英伟达","BK4503":"景林资产持仓","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","TSLA":"特斯拉","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","MU":"美光科技","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4538":"云计算","BK4501":"段永平概念","BK4508":"社交媒体","BK4543":"AI","AMZN":"亚马逊","BK4534":"瑞士信贷持仓","META":"Meta Platforms, Inc.","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0861579265.USD":"联博低波幅策略股票基金A","BK4555":"新能源车","BK4567":"ESG概念","BK4566":"资本集团","GOOGL":"谷歌A","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","SOUN":"SoundHound AI Inc","AVGO":"博通","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","MSFT":"微软","AAPL":"苹果","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","QQQ":"纳指100ETF","AMD":"美国超微公司","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","DELL":"戴尔","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD"},"source_url":"https://seekingalpha.com/article/4707688-the-tech-wreck-is-likely-over-higher-prices-should-be-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2455963666","content_text":"Recent market volatility led to a 5% pullback in the S&P 500, with some high quality tech stocks declining by 20-30% or more.Despite near-term volatility, the market's intermediate and longer-term outlook remains favorable, with a potential buying opportunity for high-quality stocks.Anticipation of a September rate cut by the Fed could provide a positive environment for risk assets, including high-quality stocks, with valuations remaining reasonable.Nasdaq 100 futures declined by 10%, bringing tech stocks into a support/buy-in zone, potentially signaling a bottom for the sector.Many top tech stocks experienced significant declines during the recent correction, suggesting a reset process that could lead to a new uptrend.DNY59 We recently witnessed an increase in volatility, so I began exploring several compelling buying opportunities last week. Was this the highly anticipated correction? Is the pullback over already? Or is there more pain ahead? An Exciting Several Weeks In The Market  SPX (StockCharts.com | Advanced Financial Charts & Technical Analysis Tools) These past few weeks have been exciting, especially since the highly anticipated pullback began. The S&P 500 Index (SP500, SPX) had become extremely overbought on a near-term basis and needed to reset. The peak-to-trough pullback has been 5%. Whether that is enough remains to be seen. Still, seeing some healthy rotation and a constructive pullback in many high-quality stocks that got ahead of themselves technically and from a valuation standpoint is a relief. From a technical standpoint, the crucial support remains at the 5,400-5,300 level, and the SPX had a constructive rebound off this critical support point. While we may see more transitory volatility here in the near term, the intermediate and longer-term images remain favorable, and the bullish uptrend remains intact. Therefore, I am treating the recent weakness as a compelling buying opportunity, and I will buy more high-quality stocks if the volatility persists. Tech - Could Have Bottomed For tech, we usually follow the NASDAQ 100-Index (NDX) futures, and I also like the Invesco QQQ Trust ETF (QQQ), the \"Nasdaq 100\" ETF. While the SPX declined by a textbook 5% in the recent rotation and pullback phase, the Nasdaq 100 futures declined by precisely 10%. QQQ (StockCharts.com | Advanced Financial Charts & Technical Analysis Tools) We witnessed a 10% drop in the QQQ, bringing it down into our $460-450 support/buy-in zone. We also see QQQ going from being highly overbought technically to neutral, and now it is approaching oversold conditions. QQQ also dropped below its 50-day MA, much like during prior pullbacks. While there may be more transitory downside, this is a solid spot to increase specific tech. Furthermore, while the QQQ declined by 10%, many top tech stocks got hammered during the recent correction. For Instance:  Apple Inc. (AAPL): 10%. Microsoft Corporation (MSFT): 11%. NVIDIA Corporation (NVDA): 25%. Amazon.com, Inc. (AMZN): 12%. Alphabet Inc. (GOOG, GOOGL): 15%. Meta Platforms, Inc. (META): 18%. Broadcom Inc. (AVGO): 22%. Advanced Micro Devices, Inc. (AMD): 27%. Tesla, Inc. (TSLA): 20%. Micron Technology, Inc. (MU): 33%. Dell Technologies Inc. (DELL): 38%. Snap Inc. (SNAP): 24%. SoundHound AI, Inc. (SOUN): 32%.  While some \"top stocks\" only declined by 10-15%, many other mega gap tech companies declined by 20-30% (or more) during the recent sell-off process. This dynamic suggests that tech stocks may have gone through a constructive reset process and could begin their next move higher again soon. Focusing On The Constructive Fundamental Set-Up Instead of over-focusing on standard near-term market gyrations, market participants should focus on the intermediate and longer-term image favorable for high-quality equities. Solid earnings, robust economic data, decreasing inflation, and an approaching monetary easing cycle should provide a highly constructive atmosphere for stocks and other risk assets. Big Tech Earnings In Focus Many companies have beat their top and bottom line earnings estimates and are guiding to higher next-quarter and full-year targets than anticipated. This week is the busiest week of earnings season, with companies like Microsoft, AMD, Meta, Apple, Amazon, and other mega caps reporting earnings. Many stocks have been punished badly during the run-up in tech earnings. Therefore, we may not need stellar results, as the stocks are beaten up anyway. In-line or slightly better tech earnings could be enough to set the high-quality stocks here back on track in their long-term upward trajectories. Moreover, it's not just tech earnings, as we have the crucial FOMC meeting and the critical jobs numbers this week. This Week's Economic Data Data (Investing.com - Stock Market Quotes & Financial News) There is plenty of news, but the most crucial elements are the FOMC interest rate decision and statement on Wednesday and Friday's critical non-farm payrolls release. There's about a 96% probability that the Fed will leave the benchmark unchanged. Therefore, the market is pricing a \"no move\" Wednesday. Still, we want language indicating a high probability of a rate cut in September, as the market is pricing one in. The market could react negatively to any hawkish tone, as moving away from the September rate cut could upset the existing state of affairs here. Fed Likely To Cut In September - 25 or 50 Bps? Rate probabilities (CMEGroup.com) There is now a 100% probability of a September rate cut. The question now is whether it will be 25 Bps or 50. There is about an 88% chance of a 25 Bps cut and about a 12% chance of a 50 Bps cut. Therefore, the cut will likely be 25 Bps, but that is not likely to disappoint markets. The crucial factor is to get the rate cuts going. Once the easing policy is in motion, stopping will be very challenging. The Fed may need to tolerate higher inflation in the future, but this could be positive for most risk assets, especially high-quality stocks. Significant liquidity could find its place in the market soon, and a solid place for it to flow into is high-quality stocks. Furthermore, we could see the odds of a 50 Bps move increasing, and the upcoming payroll report could increase the odds. The market is looking for 177K jobs, and the Goldilocks number is likely around 100-200K. However, we must walk a delicate tightrope, as we don't want a number below 100K because it seems too weak. We can see some softness in the labor market, but we must avoid deterioration as it could increase the prospects of a hard landing/possible recession, which we want to avoid. Therefore, it's best to stay below 100K, and we want a job number that is not too high because it could decrease the probability of a 50 Bps cut. While a read above 200K would not be considered catastrophic (because the September rate cut is factored in), I still prefer a 100-200K jobs read. The unemployment rate can stay or increase slightly to 4.2-4.3%. There is a low probability that unemployment will drop, and we want to avoid sharp increases to 4.4% or higher as this, too, could increase the odds of a hard landing scenario. Valuations Assessment P/E valuations (WSJ.com) The forward P/E for the SPX is about 22 and only around 28 for the Nasdaq 100. These are not expensive P/E ratios, especially considering the more accessible monetary environment ahead and the likely prospects for future earnings growth, efficiency increases, positive AI effects, and other variables. These could contribute to increasing growth, improving profitability, and multiple expansion. We have a unique and solid combination of constructive factors that should drive stock prices higher as we advance.  Also, I want to draw your attention to the fact that while P/E ratios have adjusted lower in many of the high-flying mega-cap tech names, primary average P/E ratios have roughly maintained their recent levels. They are retreating mildly due to the increased rotation into small/mid-cap and other sectors. Despite the prospects for near-term volatility, I remain constructive on the SPX and stocks in general in the intermediate and longer term. I am keeping my year-end SPX target range at 6,000-6,200.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375566188,"gmtCreate":1619363719544,"gmtModify":1704722877936,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643766897530","authorIdStr":"3581643766897530"},"themes":[],"htmlText":"Sharing","listText":"Sharing","text":"Sharing","images":[{"img":"https://static.tigerbbs.com/a2b3e8430c7205a66da63cae8d58ca77","width":"1080","height":"2288"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375566188","isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}