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eiileen
08-03
Repost
@TigerEvents:[10th Anniv] Discover exciting features & win a US$1,010 reward!
eiileen
06-29
Happy 10th anniversary Tiger!
eiileen
2023-12-31
Read
@OptionsDelta:Why are institutions numb?
eiileen
2023-12-31
Read this
@Tiger_comments:How to Embrace 2024? Set Your Goals & Hit the Road!
eiileen
2023-12-31
Wow
@DoTrading:"S&P 500 Inches to Record, Manufacturing Caution"
eiileen
2023-12-31
$Apple(AAPL)$
Is bullish
eiileen
2023-06-20
Great ariticle, would you like to share it?
@JC888:Stocks To Hold, Even If US Market Consolidates.
eiileen
2023-06-20
Great ariticle, would you like to share it?
@TigerPicks:$Plug: Leading the Way in Green Hydrogen Solutions and Expanding in Europe
eiileen
2023-06-20
Great ariticle, would you like to share it?
@Tiger_Earnings:Stocks Rose to All-Time-High: MSFT, AAPL, ORCL & LEN
eiileen
2022-10-24
$Apple(AAPL)$
Go
eiileen
2022-04-10
$Apple(AAPL)$
A
eiileen
2022-04-03
$ARK Innovation ETF(ARKK)$
o
eiileen
2022-04-03
$Apple(AAPL)$
yea
eiileen
2022-01-13
$Apple(AAPL)$
Let’s grow
eiileen
2021-12-20
Buy
Sea Stock: Down 43% From Its High, is a Buy Now?
eiileen
2021-12-17
$Apple(AAPL)$
wah
eiileen
2021-12-16
$Apple(AAPL)$
Grow
eiileen
2021-09-22
$Square(SQ)$
growth
eiileen
2021-09-21
$Alibaba(BABA)$
aiyo
eiileen
2021-09-19
$Facebook(FB)$
Falling?
Go to Tiger App to see more news
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Anniv] Discover exciting features & win a US$1,010 reward!","htmlText":"🎉 Unlock Your Path to $1,010 voucher with Our Winning Guide! 🎉Our exclusive anniversary event is now LIVE, and we want YOU to join in the fun! Not only can you explore our unique tech-driven features, but you also stand a chance to win incredible rewards. Here’s how you can maximize your winnings:🏆 Winning Guide 🏆Discover Exclusive Features:Click to explore the unique features you’re interested in.Watch the feature introduction videos and complete the corresponding tasksShow Your Love:Like your favorite featuresIf the features you like end up in the top three, you’ll share in extra grand prizes!Collect and Win:Complete special tasks to earn pieces.Collect all pieces to exchange for high-value rewards!💡 Pro Tips:Complete highlighted tasks to earn extra rewards and a big bonus!Ready to dive","listText":"🎉 Unlock Your Path to $1,010 voucher with Our Winning Guide! 🎉Our exclusive anniversary event is now LIVE, and we want YOU to join in the fun! Not only can you explore our unique tech-driven features, but you also stand a chance to win incredible rewards. Here’s how you can maximize your winnings:🏆 Winning Guide 🏆Discover Exclusive Features:Click to explore the unique features you’re interested in.Watch the feature introduction videos and complete the corresponding tasksShow Your Love:Like your favorite featuresIf the features you like end up in the top three, you’ll share in extra grand prizes!Collect and Win:Complete special tasks to earn pieces.Collect all pieces to exchange for high-value rewards!💡 Pro Tips:Complete highlighted tasks to earn extra rewards and a big bonus!Ready to dive","text":"🎉 Unlock Your Path to $1,010 voucher with Our Winning Guide! 🎉Our exclusive anniversary event is now LIVE, and we want YOU to join in the fun! Not only can you explore our unique tech-driven features, but you also stand a chance to win incredible rewards. Here’s how you can maximize your winnings:🏆 Winning Guide 🏆Discover Exclusive Features:Click to explore the unique features you’re interested in.Watch the feature introduction videos and complete the corresponding tasksShow Your Love:Like your favorite featuresIf the features you like end up in the top three, you’ll share in extra grand prizes!Collect and Win:Complete special tasks to earn pieces.Collect all pieces to exchange for high-value rewards!💡 Pro Tips:Complete highlighted tasks to earn extra rewards and a big bonus!Ready to dive","images":[{"img":"https://community-static.tradeup.com/news/ba3323c6518b57d08bcc75d90ffa0c5a","width":"2000","height":"2000"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313600081719480","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321846271909896,"gmtCreate":1719605981837,"gmtModify":1719605985365,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Happy 10th anniversary Tiger!","listText":"Happy 10th anniversary Tiger!","text":"Happy 10th anniversary Tiger!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321846271909896","isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257828909957192,"gmtCreate":1703980406622,"gmtModify":1703980410596,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Read ","listText":"Read ","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257828909957192","repostId":"257372286119944","repostType":1,"repost":{"id":257372286119944,"gmtCreate":1703864510196,"gmtModify":1703864791395,"author":{"id":"4102740637684170","authorId":"4102740637684170","name":"OptionsDelta","avatar":"https://static.tigerbbs.com/b5ab2017d32f95a165639de659b21cd1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102740637684170","authorIdStr":"4102740637684170"},"themes":[],"title":"Why are institutions numb?","htmlText":"I mentioned last week that the China Concept etf has a large call option order. It is a pity that the institution chess is a step faster and bought the day before the game policy was introduced. Another low is the worst thing after the bottom.Because of various surprises in the stock rally has been repeatedly delayed, continued to hover at a low level. So it's not surprising that this week's options trading, institutions and big players are more likely to choose to sell put rather than buy call:sell <a target=\"_blank\" href=\"https://ttm.financial/OPT/ASHR%2020240419%2024.0%20PUT\">$ASHR 20240419 24.0 PUT$</a> orsell <a target=\"_blank\" href=\"https://ttm.financial/OPT/ASHR%2020250117%2023.0%20PUT\">$ASHR 20250117 23.0 PUT$</a> When stocks hit bottom but do not bounce back easily, selling at-the","listText":"I mentioned last week that the China Concept etf has a large call option order. It is a pity that the institution chess is a step faster and bought the day before the game policy was introduced. Another low is the worst thing after the bottom.Because of various surprises in the stock rally has been repeatedly delayed, continued to hover at a low level. So it's not surprising that this week's options trading, institutions and big players are more likely to choose to sell put rather than buy call:sell <a target=\"_blank\" href=\"https://ttm.financial/OPT/ASHR%2020240419%2024.0%20PUT\">$ASHR 20240419 24.0 PUT$</a> orsell <a target=\"_blank\" href=\"https://ttm.financial/OPT/ASHR%2020250117%2023.0%20PUT\">$ASHR 20250117 23.0 PUT$</a> When stocks hit bottom but do not bounce back easily, selling at-the","text":"I mentioned last week that the China Concept etf has a large call option order. It is a pity that the institution chess is a step faster and bought the day before the game policy was introduced. Another low is the worst thing after the bottom.Because of various surprises in the stock rally has been repeatedly delayed, continued to hover at a low level. So it's not surprising that this week's options trading, institutions and big players are more likely to choose to sell put rather than buy call:sell $ASHR 20240419 24.0 PUT$ orsell $ASHR 20250117 23.0 PUT$ When stocks hit bottom but do not bounce back easily, selling at-the","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257372286119944","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257828834353368,"gmtCreate":1703980390485,"gmtModify":1703980394437,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Read this","listText":"Read this","text":"Read this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257828834353368","repostId":"257362072424576","repostType":1,"repost":{"id":257362072424576,"gmtCreate":1703862102149,"gmtModify":1703892602622,"author":{"id":"3501196737273098","authorId":"3501196737273098","name":"Tiger_comments","avatar":"https://community-static.tradeup.com/news/227887b200e9925968650d5db4a8bfb3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3501196737273098","authorIdStr":"3501196737273098"},"themes":[],"title":"How to Embrace 2024? Set Your Goals & Hit the Road!","htmlText":"2023 is coming to an end!Is it a surprising year for you? <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> gains 24.64% YTD, closing at 4785 points on Thursday. From AI to big tech and bitcoin concept in the year-end, these stocks present staggering gains in 2023.Which stock has returned most for you?AI, BTC, EV or Othersdata as of 19th Dec.Have you achieved the profit goal you set in 2023?No matter the outcome, 2023 is coming to an end. What's more important is how to embrace 2024. Let's set our goals for 2024 together and gain more in stock market! If you have a big dream, even if it shatter in the end, you'll still gather tremendous pieces of your dream.Leave your comments and also post to win tiger coins!","listText":"2023 is coming to an end!Is it a surprising year for you? <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> gains 24.64% YTD, closing at 4785 points on Thursday. From AI to big tech and bitcoin concept in the year-end, these stocks present staggering gains in 2023.Which stock has returned most for you?AI, BTC, EV or Othersdata as of 19th Dec.Have you achieved the profit goal you set in 2023?No matter the outcome, 2023 is coming to an end. What's more important is how to embrace 2024. Let's set our goals for 2024 together and gain more in stock market! If you have a big dream, even if it shatter in the end, you'll still gather tremendous pieces of your dream.Leave your comments and also post to win tiger coins!","text":"2023 is coming to an end!Is it a surprising year for you? $S&P 500(.SPX)$ gains 24.64% YTD, closing at 4785 points on Thursday. From AI to big tech and bitcoin concept in the year-end, these stocks present staggering gains in 2023.Which stock has returned most for you?AI, BTC, EV or Othersdata as of 19th Dec.Have you achieved the profit goal you set in 2023?No matter the outcome, 2023 is coming to an end. What's more important is how to embrace 2024. Let's set our goals for 2024 together and gain more in stock market! If you have a big dream, even if it shatter in the end, you'll still gather tremendous pieces of your dream.Leave your comments and also post to win tiger coins!","images":[{"img":"https://community-static.tradeup.com/news/d00129136f9314a96d43a871ad463d76","width":"750","height":"3656"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257362072424576","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257828836487168,"gmtCreate":1703980376097,"gmtModify":1703980380480,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Wow ","listText":"Wow ","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257828836487168","repostId":"257318964121616","repostType":1,"repost":{"id":257318964121616,"gmtCreate":1703856027374,"gmtModify":1703930402882,"author":{"id":"4112162097902942","authorId":"4112162097902942","name":"DoTrading","avatar":"https://community-static.tradeup.com/news/b836687d88c2c5ee60f65e3d53461ef7","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4112162097902942","authorIdStr":"4112162097902942"},"themes":[],"title":"\"S&P 500 Inches to Record, Manufacturing Caution\"","htmlText":"Summary of Yesterday's Session Yesterday, the <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> made another attempt at a record close, reaching 4793 points before settling at 4783, marking a 0.04% gain. DJIA: +0.14% to 37,710.10 - S&P 500: +0.04% to 4783.35 - Nasdaq: -0.03% to 15,095.14 Despite trading within 1% of the all-time high for the past two weeks, the index has shown resilience with a 34% rally since October 2022. SP500 Key Events In a week marked by holiday calm and reduced activity, trading volumes dipped to 2.7 billion shares on the NYSE, below the year-to-date average. Attention turned to regional manufacturing indices, with the Richmond Fed index hitting -11 in December, indicating contraction, and similar negative","listText":"Summary of Yesterday's Session Yesterday, the <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> made another attempt at a record close, reaching 4793 points before settling at 4783, marking a 0.04% gain. DJIA: +0.14% to 37,710.10 - S&P 500: +0.04% to 4783.35 - Nasdaq: -0.03% to 15,095.14 Despite trading within 1% of the all-time high for the past two weeks, the index has shown resilience with a 34% rally since October 2022. SP500 Key Events In a week marked by holiday calm and reduced activity, trading volumes dipped to 2.7 billion shares on the NYSE, below the year-to-date average. Attention turned to regional manufacturing indices, with the Richmond Fed index hitting -11 in December, indicating contraction, and similar negative","text":"Summary of Yesterday's Session Yesterday, the $S&P 500(.SPX)$ made another attempt at a record close, reaching 4793 points before settling at 4783, marking a 0.04% gain. DJIA: +0.14% to 37,710.10 - S&P 500: +0.04% to 4783.35 - Nasdaq: -0.03% to 15,095.14 Despite trading within 1% of the all-time high for the past two weeks, the index has shown resilience with a 34% rally since October 2022. SP500 Key Events In a week marked by holiday calm and reduced activity, trading volumes dipped to 2.7 billion shares on the NYSE, below the year-to-date average. Attention turned to regional manufacturing indices, with the Richmond Fed index hitting -11 in December, indicating contraction, and similar negative","images":[{"img":"https://community-static.tradeup.com/news/d895d96c6129b73dc58bd00e0fa895b6","width":"1019","height":"930"},{"img":"https://community-static.tradeup.com/news/bec93d26eca45cbe2fe1a1ddcff55f47","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/b492f53aebd9c84d05609cf89dbe61fb","width":"560","height":"240"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257318964121616","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257828684378112,"gmtCreate":1703980338961,"gmtModify":1703980342418,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a> Is bullish","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a> Is bullish","text":"$Apple(AAPL)$ Is bullish","images":[{"img":"https://community-static.tradeup.com/news/6d92587d6c1ee3f1cddb1ce466de7792","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257828684378112","isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":189424017543440,"gmtCreate":1687271622750,"gmtModify":1687271626365,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189424017543440","repostId":"189014946685072","repostType":1,"repost":{"id":189014946685072,"gmtCreate":1687171750614,"gmtModify":1703658113958,"author":{"id":"3570103090255456","authorId":"3570103090255456","name":"JC888","avatar":"https://community-static.tradeup.com/news/f3e3c0218599fca5c4e265ddbee1fb32","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3570103090255456","authorIdStr":"3570103090255456"},"themes":[],"title":"Stocks To Hold, Even If US Market Consolidates.","htmlText":"I had to “update” myself wrt “Juneteenth” US public holiday falling on 19 Jun 2023. It is the 11th and latest addition to the list of US federal holidays. It was signed by President Biden on 17 Jun 2021 and the first to obtain legal observance as a federal holiday since Martin Luther King Jr. Day was designated in 1983. Today is a good “breather” since I have been largely “out of action” for the past week. US market on the whole has performed very well for the past one month: DJIA upped by +2.61% to 34,299.12 S&P 500 upped by +5.19% to 4,409.59. Nasdaq upped by +8.15% to 13,689.57. What more could an individual retail investor asks for right now? If the market could sort of have a “mini” consolidation this week, it would appear (personally) a “healthier” behaviour instead of continuous","listText":"I had to “update” myself wrt “Juneteenth” US public holiday falling on 19 Jun 2023. It is the 11th and latest addition to the list of US federal holidays. It was signed by President Biden on 17 Jun 2021 and the first to obtain legal observance as a federal holiday since Martin Luther King Jr. Day was designated in 1983. Today is a good “breather” since I have been largely “out of action” for the past week. US market on the whole has performed very well for the past one month: DJIA upped by +2.61% to 34,299.12 S&P 500 upped by +5.19% to 4,409.59. Nasdaq upped by +8.15% to 13,689.57. What more could an individual retail investor asks for right now? If the market could sort of have a “mini” consolidation this week, it would appear (personally) a “healthier” behaviour instead of continuous","text":"I had to “update” myself wrt “Juneteenth” US public holiday falling on 19 Jun 2023. It is the 11th and latest addition to the list of US federal holidays. It was signed by President Biden on 17 Jun 2021 and the first to obtain legal observance as a federal holiday since Martin Luther King Jr. Day was designated in 1983. Today is a good “breather” since I have been largely “out of action” for the past week. US market on the whole has performed very well for the past one month: DJIA upped by +2.61% to 34,299.12 S&P 500 upped by +5.19% to 4,409.59. Nasdaq upped by +8.15% to 13,689.57. What more could an individual retail investor asks for right now? If the market could sort of have a “mini” consolidation this week, it would appear (personally) a “healthier” behaviour instead of continuous","images":[{"img":"https://community-static.tradeup.com/news/4d387955230e01a33cc07da22010069f","width":"1133","height":"243"},{"img":"https://community-static.tradeup.com/news/7bdafae7e0badbbf1f93f88086a7b762","width":"1690","height":"53"},{"img":"https://community-static.tradeup.com/news/88cccfdc001fc9d1d184e1598dd7ae00","width":"1861","height":"415"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189014946685072","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":7,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189423254507568,"gmtCreate":1687271613060,"gmtModify":1687271616427,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189423254507568","repostId":"189117707644944","repostType":1,"repost":{"id":189117707644944,"gmtCreate":1687176795042,"gmtModify":1687176975697,"author":{"id":"9000000000000572","authorId":"9000000000000572","name":"TigerPicks","avatar":"https://community-static.tradeup.com/news/a6d452b050ca40d986d2e3e339c5dab1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000572","authorIdStr":"9000000000000572"},"themes":[],"title":"$Plug: Leading the Way in Green Hydrogen Solutions and Expanding in Europe","htmlText":"In today's edition, we will track the fundamental readings of long-term bullish companies in strong (TigerTrade Top 1 Gainer) concepts each week and look forward to your attention and discussion.Disclaimer: Capital at risk. This is not direct financial advice or a recommendation to acquire or dispose of any investment, but for communication only.Stocks continued their winning streak as the Fed paused their rate hikes but kept a hawkish underlying tone.The best-performing concepts are solid state battery, SPACs, hydrogen energy and AI concept.Considering the different perceptions of the stock, this time TigerPicks choose <a href=\"https://ttm.financial/S/PLUG\">$Plug Power(PLUG)$</a> to have a fundamental highlight to help users understand it better.","listText":"In today's edition, we will track the fundamental readings of long-term bullish companies in strong (TigerTrade Top 1 Gainer) concepts each week and look forward to your attention and discussion.Disclaimer: Capital at risk. This is not direct financial advice or a recommendation to acquire or dispose of any investment, but for communication only.Stocks continued their winning streak as the Fed paused their rate hikes but kept a hawkish underlying tone.The best-performing concepts are solid state battery, SPACs, hydrogen energy and AI concept.Considering the different perceptions of the stock, this time TigerPicks choose <a href=\"https://ttm.financial/S/PLUG\">$Plug Power(PLUG)$</a> to have a fundamental highlight to help users understand it better.","text":"In today's edition, we will track the fundamental readings of long-term bullish companies in strong (TigerTrade Top 1 Gainer) concepts each week and look forward to your attention and discussion.Disclaimer: Capital at risk. This is not direct financial advice or a recommendation to acquire or dispose of any investment, but for communication only.Stocks continued their winning streak as the Fed paused their rate hikes but kept a hawkish underlying tone.The best-performing concepts are solid state battery, SPACs, hydrogen energy and AI concept.Considering the different perceptions of the stock, this time TigerPicks choose $Plug Power(PLUG)$ to have a fundamental highlight to help users understand it better.","images":[{"img":"https://community-static.tradeup.com/news/7e6477bc4ae2c61e671bdd1e8e6b9e29","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/1e3cd0f7382311f7074bf925a760e7a3","width":"640","height":"363"},{"img":"https://community-static.tradeup.com/news/26bf091608982bdb12b1e7f6732296e3","width":"1348","height":"214"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189117707644944","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189423914934544,"gmtCreate":1687271597699,"gmtModify":1687271601512,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189423914934544","repostId":"188801063555088","repostType":1,"repost":{"id":188801063555088,"gmtCreate":1687099489355,"gmtModify":1687099596038,"author":{"id":"3527667620927015","authorId":"3527667620927015","name":"Tiger_Earnings","avatar":"https://static.tigerbbs.com/1849fb1fb43d93db3974fd09c5f65ff1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667620927015","authorIdStr":"3527667620927015"},"themes":[],"title":"Stocks Rose to All-Time-High: MSFT, AAPL, ORCL & LEN","htmlText":"As <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> continues to break out, several stocks hit all-time-high. They are <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a> , <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> , <a href=\"https://ttm.financial/S/ORCL\">$Oracle(ORCL)$</a> and <a href=\"https://ttm.financial/S/LEN\">$Lennar(LEN)$</a> .1. <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a> rose to a new high of $351.47 on 16th June.Microsoft's shares have reached a record high following positive remarks from analysts at JPMorgan Chase regarding the company's growth prospects in artificial intelligence (AI). The stock rose to $351.47, surpassing its previous all-time high reached in November 2021.This surge in share price coincided with a br","listText":"As <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> continues to break out, several stocks hit all-time-high. They are <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a> , <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> , <a href=\"https://ttm.financial/S/ORCL\">$Oracle(ORCL)$</a> and <a href=\"https://ttm.financial/S/LEN\">$Lennar(LEN)$</a> .1. <a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a> rose to a new high of $351.47 on 16th June.Microsoft's shares have reached a record high following positive remarks from analysts at JPMorgan Chase regarding the company's growth prospects in artificial intelligence (AI). The stock rose to $351.47, surpassing its previous all-time high reached in November 2021.This surge in share price coincided with a br","text":"As $S&P 500(.SPX)$ continues to break out, several stocks hit all-time-high. They are $Microsoft(MSFT)$ , $Apple(AAPL)$ , $Oracle(ORCL)$ and $Lennar(LEN)$ .1. $Microsoft(MSFT)$ rose to a new high of $351.47 on 16th June.Microsoft's shares have reached a record high following positive remarks from analysts at JPMorgan Chase regarding the company's growth prospects in artificial intelligence (AI). The stock rose to $351.47, surpassing its previous all-time high reached in November 2021.This surge in share price coincided with a br","images":[{"img":"https://community-static.tradeup.com/news/bb4a72f91f76e2cce3d43b3869763143","width":"1080","height":"952"},{"img":"https://community-static.tradeup.com/news/baea7e0295c6f70e86cb6ad26fdb562f","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/272e3cecccc0c76ce200d48c2405bb94","width":"560","height":"240"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188801063555088","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981709382,"gmtCreate":1666589674546,"gmtModify":1676537773375,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Go","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Go","text":"$Apple(AAPL)$Go","images":[{"img":"https://community-static.tradeup.com/news/84afa842f63829470941830fa271db4e","width":"1125","height":"2676"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981709382","isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9014331835,"gmtCreate":1649602034679,"gmtModify":1676534536320,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>A","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>A","text":"$Apple(AAPL)$A","images":[{"img":"https://community-static.tradeup.com/news/961fce2e15b1d06c706b68ca18c44713","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014331835","isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9018167758,"gmtCreate":1648999470897,"gmtModify":1676534433850,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>o","listText":"<a href=\"https://ttm.financial/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>o","text":"$ARK Innovation ETF(ARKK)$o","images":[{"img":"https://community-static.tradeup.com/news/7db73650b24fe5731acd537916300907","width":"1125","height":"3660"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018167758","isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9018167527,"gmtCreate":1648999419220,"gmtModify":1676534433842,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>yea ","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>yea ","text":"$Apple(AAPL)$yea","images":[{"img":"https://community-static.tradeup.com/news/4b29b5a80d5e32691c953fab3b3b3443","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018167527","isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9002592977,"gmtCreate":1642035466380,"gmtModify":1676533674379,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Let’s grow","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Let’s grow","text":"$Apple(AAPL)$Let’s grow","images":[{"img":"https://static.itradeup.com/news/545debfd340065a3f1da668a0467a178","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002592977","isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"content":"Go go go 🚀🚀👍","text":"Go go go 🚀🚀👍","html":"Go go go 🚀🚀👍"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9000106747,"gmtCreate":1639978690859,"gmtModify":1676533497184,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000106747","repostId":"1109541249","repostType":4,"repost":{"id":"1109541249","pubTimestamp":1639972523,"share":"https://ttm.financial/m/news/1109541249?lang=&edition=fundamental","pubTime":"2021-12-20 11:55","market":"us","language":"en","title":"Sea Stock: Down 43% From Its High, is a Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109541249","media":"Seeking Alpha","summary":"Summary\n\nSea Limited stock has been battered recently as growth stocks sold off massively in the mar","content":"<p><b>Summary</b></p>\n<ul>\n <li>Sea Limited stock has been battered recently as growth stocks sold off massively in the market.</li>\n <li>However, we believe that the fundamental thesis on its rapid growth remains robust.</li>\n <li>We discuss why investors should capitalize on its recent significant correction to add exposure.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa5cbe0a30acc723a2c6f62300024002\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>kokkai/iStock Unreleased via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Sea Limited(NYSE:SE) stock is one of our highest conviction growth stocks that has been severely battered over the last month. Since its recent all-time high (ATH) in October, its price has dropped by a dramatic 43%. Many reasons have been presented on why the stock has fallen. We exhort investors not to read too much into them. We believe nothing material has changed from its fundamental thesis. The stock has had a remarkable run in 2021 relative to its gaming peers or e-tailer peers. Therefore, profit-taking of this extent should not be surprising as fear struck growth stocks.</p>\n<p>Moreover, the recent significant correction in growth stocks across the market has also hit SE stock hard. But, we are not concerned. Significant volatility will always be a factor influencing the performance of growth stocks like SE in the short term.</p>\n<p>Notably, we observed that the consensus target price on SE stock had been revised upwards since its FQ3 report card. Moreover, the gap between its price target and its current stock price has been greater than its last significant correction in April/May.</p>\n<p>Our internal DCF valuation model also points to a stock that is now significantly undervalued. Thanks to the market's myopia, we have been presented with another fantastic opportunity since April/May to add SE stock with great fervor again.</p>\n<p>We discuss why we think investors should not miss this incredible opportunity to add exposure to an outstanding growth stock.</p>\n<p><b>SE Stock YTD Performance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c191d1f0f6a10e392845cdbda1264aa\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>SE stock YTD performance (as of 17 December'21).</span></p>\n<p>As a result of the significant correction recently, SE stock's YTD return has dropped to 6.9%, thus underperforming the market. Notably, its YTD gain was as high as 80% in October/early November. Despite that, the stock is still outperforming its e-tailer and gaming peers, as shown above.</p>\n<p><b>Sea Stock Estimates Have Consistently Been Revised Upwards</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8555128e2a30e924dd6c2dd162a27eea\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Sea Limited revised revenue mean consensus estimates. Data source: S&P Capital IQ, Seeking Alpha</span></p>\n<p>Readers can quickly observe that the company's revenue consensus estimates for FY21-23 have consistently been revised upwards over the last five months. These revisions lend credence to the robust growth prospects of the company over the next two years. Notably, Sea Limited's revenue is estimated to increase at a phenomenal CAGR of 42.8% through FY23.</p>\n<p>There were concerns over the growth rates of its Garena gaming arm in its FQ3 report card.We also explained in our previous article that Sea Limited has clearly explained that investors should expect normalization in Garena's growth after two spectacular years. However, its monetization capability continues to dazzle. Therefore, we are confident that Garena can continue its robust monetization strategies moving forward.</p>\n<p>Moreover, data from Sensor Tower's recent gaming statistics continue to point to sturdy performance from its Free Fire game. It continues to be ranked among the top ten mobile games in terms of overall gaming revenue in November. Moreover, it's also ranked#2 in overall downloadsacross both the App Store and Google Play. Notably, it's also among eight games globally whose annual revenue crossed $1B as of 14 December. Therefore, we think the sentiments and chatter about Free Fire's \"one-shot wonder\" have been overblown.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51247ba1efd7fa6d333b482446e94c9a\" tg-width=\"515\" tg-height=\"380\" referrerpolicy=\"no-referrer\"><span>Global games market forecast. Source: Google, Newzoo</span></p>\n<p>In addition, the global gaming market is estimated to experience a slight decline to $175.8B after last year's massive 23% growth to $177.8B. However, given Garena's impressive growth in FY21 despite the decline in the global market, we believe it validates its business model and prospects. Notably, the gaming market is expected to reverse its decline moving forward. Therefore, Garena's leadership in mobile gaming could continue to propel its growth underpinned by the recovery in the global gaming market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a0612da9a19f7b7198d43213b4f4470\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Shopee adjusted EBITDA per order. Data source: Company filings</span></p>\n<p>But, some investors may have been spooked by Shopee's (Sea Limited's e-commerce arm) continued expansion into new geographical markets. Notably, Shopee continues to report adjusted EBITDA loss per order, as shown above. Therefore, some investors might have been concerned about whether the company's plate is getting too much to handle. Over the last three months, the company has entered into new markets such as India, France, Spain, and Poland. They are in addition to its battle with MercadoLibre (MELI) in Latin America, particularly Brazil. As a result, there are concerns on whether Sea Limited could continue its adroit execution in these markets while still making losses. We believe such concerns are valid. However, Sea Limited has shown its tremendous capability in penetrating the most important markets where the incumbents have strong leadership. It includes Lazada (BABA) in Southeast Asia, MercadoLibre in Brazil, and Tokopedia in Indonesia. Shopee was never the first-mover. But, it took advantage as the \"late-comer\" as it sought to compete with the incumbents. It's important to note that Sea Limited is not averse to competition. It has thrived against the incumbents and has made the e-commerce space in these geographical regions much more competitive.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80938433e2d55307ca40000eeea2a26f\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Sea Limited revised adjusted EPS mean consensus estimates. Data source: S&P Capital IQ, Seeking Alpha</span></p>\n<p>Nevertheless, the road towards profitability might be stretched further due to its e-commerce expansion. Readers can quickly glance over the chart above, where its adjusted EPS estimates have been revised downwards through FY23 over the last five months. However, we believe that if you are a long-term investor with a five-year horizon at least, it's not a cause for concern. Earlier investors in Sea Limited can keenly recall the company's massive adjusted EBITDA per order losses, as seen in the previous chart. Shopee has scaled tremendously over the last five years and has improved its operating leverage further. But, it's important to note that it takes time to scale up. Therefore, earlier losses in new geographical markets are expected. But, management has demonstrated its execution capability over the last three years. Considering its much reduced adjusted EBITDA losses over the previous few years, we believe that Shopee is even better positioned than before to navigate its expansion.</p>\n<p><b>So, is SE Stock a Buy Now?</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dbc835e49ded8a7a0e5f4fcc9e10649\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>SE stock EV/NTM Revenue 4Y mean.</span></p>\n<p>SE stock is trading at an EV/NTM Revenue of 8.3x. Therefore, it has brought it back to its 4Y NTM revenue multiple mean of 8.6x. We believe there's a fantastic opportunity right now as the market has undoubtedly overreacted. As demonstrated clearly, SE is still expected to generate massive revenue growth moving ahead, even though it means the road to profitability gets further extended.</p>\n<p>Considering its FY23 revenue estimate, SE stock is trading at just 5.8x FY23 revenue. No one can accurately predict where the stock will be headed over the next few months. But, we think it represents a tremendous opportunity right now.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3bea18a0bdfd970ea640308dc35e099c\" tg-width=\"635\" tg-height=\"362\" referrerpolicy=\"no-referrer\"><span>SE stock price target Vs. actual price trend. Source: Seeking Alpha</span></p>\n<p>Moreover, readers can observe that the valuation gap between SE stock's consensus price target (PT) of $405.87 and its current price has never been more significant in a while. It's even more pronounced than its last significant correction in April/May. Notably, the consensus price target has been revised upwards despite the so-called \"gaming headwinds.\" And, if you look at the price chart, SE stock price has followed the revised PT trend very consistently over time. Therefore, the current price could be one of the most significant discounts you could observe in a long time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/939a544ab94c9e2a2b8a6db943703b39\" tg-width=\"910\" tg-height=\"602\" referrerpolicy=\"no-referrer\"><span>SE stock DCF valuation model. Data source: S&P Capital IQ, company filings, author</span></p>\n<p>Our DCF model also shows that SE stock is now significantly undervalued with an implied fair value of $371.46. We have also used reasonable estimates in our model. Moreover, we believe that SE will continue to gain significant operating leverage as it scales in the new markets. We estimate that its adjusted EBITDA margins could reach 15% by FY25.</p>\n<p>Lastly, the stock is also testing a critical support level that has strongly underpinned the stock's advance since early 2021. Therefore, there are sufficient reasons to believe that the current entry point to add exposure to SE stock seems very attractive now.</p>\n<p>Consequently,<i>we revise our rating on SE stock to Strong Buy</i>.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Stock: Down 43% From Its High, is a Buy 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\">\nSea Stock: Down 43% From Its High, is a Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-20 11:55 GMT+8 <a href=https://seekingalpha.com/article/4475931-sea-se-down-significantly-stock-strong-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSea Limited stock has been battered recently as growth stocks sold off massively in the market.\nHowever, we believe that the fundamental thesis on its rapid growth remains robust.\nWe discuss ...</p>\n\n<a href=\"https://seekingalpha.com/article/4475931-sea-se-down-significantly-stock-strong-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4475931-sea-se-down-significantly-stock-strong-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109541249","content_text":"Summary\n\nSea Limited stock has been battered recently as growth stocks sold off massively in the market.\nHowever, we believe that the fundamental thesis on its rapid growth remains robust.\nWe discuss why investors should capitalize on its recent significant correction to add exposure.\n\nkokkai/iStock Unreleased via Getty Images\nInvestment Thesis\nSea Limited(NYSE:SE) stock is one of our highest conviction growth stocks that has been severely battered over the last month. Since its recent all-time high (ATH) in October, its price has dropped by a dramatic 43%. Many reasons have been presented on why the stock has fallen. We exhort investors not to read too much into them. We believe nothing material has changed from its fundamental thesis. The stock has had a remarkable run in 2021 relative to its gaming peers or e-tailer peers. Therefore, profit-taking of this extent should not be surprising as fear struck growth stocks.\nMoreover, the recent significant correction in growth stocks across the market has also hit SE stock hard. But, we are not concerned. Significant volatility will always be a factor influencing the performance of growth stocks like SE in the short term.\nNotably, we observed that the consensus target price on SE stock had been revised upwards since its FQ3 report card. Moreover, the gap between its price target and its current stock price has been greater than its last significant correction in April/May.\nOur internal DCF valuation model also points to a stock that is now significantly undervalued. Thanks to the market's myopia, we have been presented with another fantastic opportunity since April/May to add SE stock with great fervor again.\nWe discuss why we think investors should not miss this incredible opportunity to add exposure to an outstanding growth stock.\nSE Stock YTD Performance\nSE stock YTD performance (as of 17 December'21).\nAs a result of the significant correction recently, SE stock's YTD return has dropped to 6.9%, thus underperforming the market. Notably, its YTD gain was as high as 80% in October/early November. Despite that, the stock is still outperforming its e-tailer and gaming peers, as shown above.\nSea Stock Estimates Have Consistently Been Revised Upwards\nSea Limited revised revenue mean consensus estimates. Data source: S&P Capital IQ, Seeking Alpha\nReaders can quickly observe that the company's revenue consensus estimates for FY21-23 have consistently been revised upwards over the last five months. These revisions lend credence to the robust growth prospects of the company over the next two years. Notably, Sea Limited's revenue is estimated to increase at a phenomenal CAGR of 42.8% through FY23.\nThere were concerns over the growth rates of its Garena gaming arm in its FQ3 report card.We also explained in our previous article that Sea Limited has clearly explained that investors should expect normalization in Garena's growth after two spectacular years. However, its monetization capability continues to dazzle. Therefore, we are confident that Garena can continue its robust monetization strategies moving forward.\nMoreover, data from Sensor Tower's recent gaming statistics continue to point to sturdy performance from its Free Fire game. It continues to be ranked among the top ten mobile games in terms of overall gaming revenue in November. Moreover, it's also ranked#2 in overall downloadsacross both the App Store and Google Play. Notably, it's also among eight games globally whose annual revenue crossed $1B as of 14 December. Therefore, we think the sentiments and chatter about Free Fire's \"one-shot wonder\" have been overblown.\nGlobal games market forecast. Source: Google, Newzoo\nIn addition, the global gaming market is estimated to experience a slight decline to $175.8B after last year's massive 23% growth to $177.8B. However, given Garena's impressive growth in FY21 despite the decline in the global market, we believe it validates its business model and prospects. Notably, the gaming market is expected to reverse its decline moving forward. Therefore, Garena's leadership in mobile gaming could continue to propel its growth underpinned by the recovery in the global gaming market.\nShopee adjusted EBITDA per order. Data source: Company filings\nBut, some investors may have been spooked by Shopee's (Sea Limited's e-commerce arm) continued expansion into new geographical markets. Notably, Shopee continues to report adjusted EBITDA loss per order, as shown above. Therefore, some investors might have been concerned about whether the company's plate is getting too much to handle. Over the last three months, the company has entered into new markets such as India, France, Spain, and Poland. They are in addition to its battle with MercadoLibre (MELI) in Latin America, particularly Brazil. As a result, there are concerns on whether Sea Limited could continue its adroit execution in these markets while still making losses. We believe such concerns are valid. However, Sea Limited has shown its tremendous capability in penetrating the most important markets where the incumbents have strong leadership. It includes Lazada (BABA) in Southeast Asia, MercadoLibre in Brazil, and Tokopedia in Indonesia. Shopee was never the first-mover. But, it took advantage as the \"late-comer\" as it sought to compete with the incumbents. It's important to note that Sea Limited is not averse to competition. It has thrived against the incumbents and has made the e-commerce space in these geographical regions much more competitive.\nSea Limited revised adjusted EPS mean consensus estimates. Data source: S&P Capital IQ, Seeking Alpha\nNevertheless, the road towards profitability might be stretched further due to its e-commerce expansion. Readers can quickly glance over the chart above, where its adjusted EPS estimates have been revised downwards through FY23 over the last five months. However, we believe that if you are a long-term investor with a five-year horizon at least, it's not a cause for concern. Earlier investors in Sea Limited can keenly recall the company's massive adjusted EBITDA per order losses, as seen in the previous chart. Shopee has scaled tremendously over the last five years and has improved its operating leverage further. But, it's important to note that it takes time to scale up. Therefore, earlier losses in new geographical markets are expected. But, management has demonstrated its execution capability over the last three years. Considering its much reduced adjusted EBITDA losses over the previous few years, we believe that Shopee is even better positioned than before to navigate its expansion.\nSo, is SE Stock a Buy Now?\nSE stock EV/NTM Revenue 4Y mean.\nSE stock is trading at an EV/NTM Revenue of 8.3x. Therefore, it has brought it back to its 4Y NTM revenue multiple mean of 8.6x. We believe there's a fantastic opportunity right now as the market has undoubtedly overreacted. As demonstrated clearly, SE is still expected to generate massive revenue growth moving ahead, even though it means the road to profitability gets further extended.\nConsidering its FY23 revenue estimate, SE stock is trading at just 5.8x FY23 revenue. No one can accurately predict where the stock will be headed over the next few months. But, we think it represents a tremendous opportunity right now.\nSE stock price target Vs. actual price trend. Source: Seeking Alpha\nMoreover, readers can observe that the valuation gap between SE stock's consensus price target (PT) of $405.87 and its current price has never been more significant in a while. It's even more pronounced than its last significant correction in April/May. Notably, the consensus price target has been revised upwards despite the so-called \"gaming headwinds.\" And, if you look at the price chart, SE stock price has followed the revised PT trend very consistently over time. Therefore, the current price could be one of the most significant discounts you could observe in a long time.\nSE stock DCF valuation model. Data source: S&P Capital IQ, company filings, author\nOur DCF model also shows that SE stock is now significantly undervalued with an implied fair value of $371.46. We have also used reasonable estimates in our model. Moreover, we believe that SE will continue to gain significant operating leverage as it scales in the new markets. We estimate that its adjusted EBITDA margins could reach 15% by FY25.\nLastly, the stock is also testing a critical support level that has strongly underpinned the stock's advance since early 2021. Therefore, there are sufficient reasons to believe that the current entry point to add exposure to SE stock seems very attractive now.\nConsequently,we revise our rating on SE stock to Strong Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9000969381,"gmtCreate":1639735383133,"gmtModify":1676533493407,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>wah ","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>wah ","text":"$Apple(AAPL)$wah","images":[{"img":"https://static.itradeup.com/news/c2b607e4b4f637d99a5e473882138209","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000969381","isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9000900894,"gmtCreate":1639667337624,"gmtModify":1676533492283,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Grow","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Grow","text":"$Apple(AAPL)$Grow","images":[{"img":"https://static.itradeup.com/news/5715172accca34cd856cb535380303af","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000900894","isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869860812,"gmtCreate":1632272825636,"gmtModify":1676530739881,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>growth","listText":"<a href=\"https://laohu8.com/S/SQ\">$Square(SQ)$</a>growth","text":"$Square(SQ)$growth","images":[{"img":"https://static.tigerbbs.com/c99cd5bd2a39ca42f6cb6d4470637021","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869860812","isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869928405,"gmtCreate":1632236719307,"gmtModify":1676530732064,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>aiyo","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>aiyo","text":"$Alibaba(BABA)$aiyo","images":[{"img":"https://static.tigerbbs.com/1eec8ec8a82d86bb6d66b38062e142e9","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/869928405","isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579787416317079","authorId":"3579787416317079","name":"Mr.LaBuBu","avatar":"https://community-static.tradeup.com/news/d1b38f432d0cfcd1603b0ef6a8400772","crmLevel":6,"crmLevelSwitch":1,"idStr":"3579787416317079","authorIdStr":"3579787416317079"},"content":"sell now and short it. 2 mths later can earn back losses","text":"sell now and short it. 2 mths later can earn back losses","html":"sell now and short it. 2 mths later can earn back losses"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":887838920,"gmtCreate":1632015534960,"gmtModify":1676530686358,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FB\">$Facebook(FB)$</a>Falling?","listText":"<a href=\"https://laohu8.com/S/FB\">$Facebook(FB)$</a>Falling?","text":"$Facebook(FB)$Falling?","images":[{"img":"https://static.tigerbbs.com/01959c3384d7db65612eeaffafd0206e","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/887838920","isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9002592977,"gmtCreate":1642035466380,"gmtModify":1676533674379,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Let’s grow","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>Let’s grow","text":"$Apple(AAPL)$Let’s grow","images":[{"img":"https://static.itradeup.com/news/545debfd340065a3f1da668a0467a178","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002592977","isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578285722323782","authorId":"3578285722323782","name":"JG_7","avatar":"https://static.tigerbbs.com/943a617088822556a2e8fdb01023a8dd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3578285722323782","authorIdStr":"3578285722323782"},"content":"Go go go 🚀🚀👍","text":"Go go go 🚀🚀👍","html":"Go go go 🚀🚀👍"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":836789003,"gmtCreate":1629523905902,"gmtModify":1676530065669,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>how long?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>how long?","text":"$Tiger Brokers(TIGR)$how long?","images":[{"img":"https://static.tigerbbs.com/de2b4c690fa1b2bb9d22ca126687cdc2","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/836789003","isVote":1,"tweetType":1,"viewCount":561,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576159031156193","authorId":"3576159031156193","name":"4ZOEYS","avatar":"https://static.tigerbbs.com/485a6405c364ce85c22e81b2913d390f","crmLevel":7,"crmLevelSwitch":1,"idStr":"3576159031156193","authorIdStr":"3576159031156193"},"content":"If your numbers turn green, I ho sey liao! Hahaha! U should avg down a little, 13.xx is a good price to invest, if it goes below 13, that is a steal sister! Wish you all the best ???","text":"If your numbers turn green, I ho sey liao! Hahaha! U should avg down a little, 13.xx is a good price to invest, if it goes below 13, that is a steal sister! Wish you all the best ???","html":"If your numbers turn green, I ho sey liao! Hahaha! U should avg down a little, 13.xx is a good price to invest, if it goes below 13, that is a steal sister! Wish you all the best ???"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":154810888,"gmtCreate":1625496253144,"gmtModify":1703742712494,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> Oo ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> Oo ","text":"$Tiger Brokers(TIGR)$ Oo","images":[{"img":"https://static.tigerbbs.com/1cd0847e8c2a62ebe1a032afdb49d1ef","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/154810888","isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":194632450,"gmtCreate":1621375282370,"gmtModify":1704356467167,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Gogogo","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Gogogo","text":"$Tiger Brokers(TIGR)$Gogogo","images":[{"img":"https://static.tigerbbs.com/82805773153ea5f8233756b686692826","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/194632450","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":809121832,"gmtCreate":1627353329726,"gmtModify":1703488205348,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809121832","repostId":"2154964378","repostType":4,"repost":{"id":"2154964378","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":1627332217,"share":"https://ttm.financial/m/news/2154964378?lang=&edition=fundamental","pubTime":"2021-07-27 04:43","market":"us","language":"en","title":"Indexes notch closing record highs as key earnings, Fed meet eyed","url":"https://stock-news.laohu8.com/highlight/detail?id=2154964378","media":"Reuters","summary":"NEW YORK, July 26 (Reuters) - All three major U.S. stock indexes eked out record closing highs for a","content":"<p>NEW YORK, July 26 (Reuters) - All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday as investors were optimistic heading into a slew of earnings from heavyweight technology and internet names this week, while caution ahead of a Federal Reserve policy meeting kept the market in check.</p>\n<p>More than <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the S&P 500 was set to report quarterly results this week, including Apple Inc , Microsoft Corp , Amazon.com Inc and Google parent Alphabet Inc , the four largest U.S. companies by market value. Apple rose 0.3%.</p>\n<p>Shares of Tesla Inc, which reported quarterly results after the market close, were up about 1% in after-hours trading. The stock ended the regular session up 2.2%.</p>\n<p>The vast majority of second-quarter earnings have handily beaten analysts' expectations so far, bumping up the already huge projected growth for the second quarter, according to Refinitiv data.</p>\n<p>\"We continue to see positive surprises, and even with a lot of optimism and increased estimates going into earnings season, we're still seeing companies exceed those expectations,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York, New York.</p>\n<p>\"As we get into the heart of (the earnings season) and we get industrials and more cyclical names, it will be interesting to see not only how much there is in terms of recovery but also is there any impact from some of these issues, meaning inflation, the spike in prices.\"</p>\n<p><a href=\"https://laohu8.com/S/MMM\">3M</a> Co, up 0.6%, is due to report on Tuesday while Boeing Co, up 2%, is set to report on Wednesday.</p>\n<p>A two-day meeting of the Fed starts on Tuesday, and all eyes may be on whether the central bank expresses any new concerns about high inflation when it concludes its gathering on Wednesday.</p>\n<p>In June, the Fed indicated it may start raising rates two times in 2023, which was sooner than previously expected.</p>\n<p>The Dow Jones Industrial Average rose 82.76 points, or 0.24%, to 35,144.31, the S&P 500 gained 10.51 points, or 0.24%, to 4,422.3 and the Nasdaq Composite added 3.72 points, or 0.03%, to 14,840.71.</p>\n<p>Continued optimism over second-quarter earnings has helped offset recent concerns over the market impact of the Delta variant of COVID-19.</p>\n<p>U.S.-listed Chinese shares fell after Beijing last week announced new rules on private tutoring and online education firms, the latest in a series of crackdowns on the technology sector that have roiled financial markets.</p>\n<p>E-commerce company Alibaba Group and search engine Baidu Inc , two of the largest Chinese stocks listed in the United States, were lower. Alibaba fell 7.2% and Baidu dropped 6%.</p>\n<p>Recent losses in Chinese stocks have been steeper than those recorded during the height of the Sino-U.S. trade war in 2018, mainly due to Beijing's targeting of large technology firms.</p>\n<p>Among other decliners, weapons maker Lockheed Martin Corp</p>\n<p>fell 3.3% after a classified aeronautics development program caused the firm to miss profit estimates.</p>\n<p>Volume on U.S. exchanges was 9.77 billion shares, compared with the 9.82 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.30-to-1 ratio; on Nasdaq, a 1.28-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 47 new 52-week highs and no new lows; the Nasdaq Composite recorded 77 new highs and 160 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Indexes notch closing record highs as key earnings, Fed meet eyed</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\">\nIndexes notch closing record highs as key earnings, Fed meet eyed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-27 04:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 26 (Reuters) - All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday as investors were optimistic heading into a slew of earnings from heavyweight technology and internet names this week, while caution ahead of a Federal Reserve policy meeting kept the market in check.</p>\n<p>More than <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the S&P 500 was set to report quarterly results this week, including Apple Inc , Microsoft Corp , Amazon.com Inc and Google parent Alphabet Inc , the four largest U.S. companies by market value. Apple rose 0.3%.</p>\n<p>Shares of Tesla Inc, which reported quarterly results after the market close, were up about 1% in after-hours trading. The stock ended the regular session up 2.2%.</p>\n<p>The vast majority of second-quarter earnings have handily beaten analysts' expectations so far, bumping up the already huge projected growth for the second quarter, according to Refinitiv data.</p>\n<p>\"We continue to see positive surprises, and even with a lot of optimism and increased estimates going into earnings season, we're still seeing companies exceed those expectations,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York, New York.</p>\n<p>\"As we get into the heart of (the earnings season) and we get industrials and more cyclical names, it will be interesting to see not only how much there is in terms of recovery but also is there any impact from some of these issues, meaning inflation, the spike in prices.\"</p>\n<p><a href=\"https://laohu8.com/S/MMM\">3M</a> Co, up 0.6%, is due to report on Tuesday while Boeing Co, up 2%, is set to report on Wednesday.</p>\n<p>A two-day meeting of the Fed starts on Tuesday, and all eyes may be on whether the central bank expresses any new concerns about high inflation when it concludes its gathering on Wednesday.</p>\n<p>In June, the Fed indicated it may start raising rates two times in 2023, which was sooner than previously expected.</p>\n<p>The Dow Jones Industrial Average rose 82.76 points, or 0.24%, to 35,144.31, the S&P 500 gained 10.51 points, or 0.24%, to 4,422.3 and the Nasdaq Composite added 3.72 points, or 0.03%, to 14,840.71.</p>\n<p>Continued optimism over second-quarter earnings has helped offset recent concerns over the market impact of the Delta variant of COVID-19.</p>\n<p>U.S.-listed Chinese shares fell after Beijing last week announced new rules on private tutoring and online education firms, the latest in a series of crackdowns on the technology sector that have roiled financial markets.</p>\n<p>E-commerce company Alibaba Group and search engine Baidu Inc , two of the largest Chinese stocks listed in the United States, were lower. Alibaba fell 7.2% and Baidu dropped 6%.</p>\n<p>Recent losses in Chinese stocks have been steeper than those recorded during the height of the Sino-U.S. trade war in 2018, mainly due to Beijing's targeting of large technology firms.</p>\n<p>Among other decliners, weapons maker Lockheed Martin Corp</p>\n<p>fell 3.3% after a classified aeronautics development program caused the firm to miss profit estimates.</p>\n<p>Volume on U.S. exchanges was 9.77 billion shares, compared with the 9.82 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.30-to-1 ratio; on Nasdaq, a 1.28-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 47 new 52-week highs and no new lows; the Nasdaq Composite recorded 77 new highs and 160 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154964378","content_text":"NEW YORK, July 26 (Reuters) - All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday as investors were optimistic heading into a slew of earnings from heavyweight technology and internet names this week, while caution ahead of a Federal Reserve policy meeting kept the market in check.\nMore than one-third of the S&P 500 was set to report quarterly results this week, including Apple Inc , Microsoft Corp , Amazon.com Inc and Google parent Alphabet Inc , the four largest U.S. companies by market value. Apple rose 0.3%.\nShares of Tesla Inc, which reported quarterly results after the market close, were up about 1% in after-hours trading. The stock ended the regular session up 2.2%.\nThe vast majority of second-quarter earnings have handily beaten analysts' expectations so far, bumping up the already huge projected growth for the second quarter, according to Refinitiv data.\n\"We continue to see positive surprises, and even with a lot of optimism and increased estimates going into earnings season, we're still seeing companies exceed those expectations,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York, New York.\n\"As we get into the heart of (the earnings season) and we get industrials and more cyclical names, it will be interesting to see not only how much there is in terms of recovery but also is there any impact from some of these issues, meaning inflation, the spike in prices.\"\n3M Co, up 0.6%, is due to report on Tuesday while Boeing Co, up 2%, is set to report on Wednesday.\nA two-day meeting of the Fed starts on Tuesday, and all eyes may be on whether the central bank expresses any new concerns about high inflation when it concludes its gathering on Wednesday.\nIn June, the Fed indicated it may start raising rates two times in 2023, which was sooner than previously expected.\nThe Dow Jones Industrial Average rose 82.76 points, or 0.24%, to 35,144.31, the S&P 500 gained 10.51 points, or 0.24%, to 4,422.3 and the Nasdaq Composite added 3.72 points, or 0.03%, to 14,840.71.\nContinued optimism over second-quarter earnings has helped offset recent concerns over the market impact of the Delta variant of COVID-19.\nU.S.-listed Chinese shares fell after Beijing last week announced new rules on private tutoring and online education firms, the latest in a series of crackdowns on the technology sector that have roiled financial markets.\nE-commerce company Alibaba Group and search engine Baidu Inc , two of the largest Chinese stocks listed in the United States, were lower. Alibaba fell 7.2% and Baidu dropped 6%.\nRecent losses in Chinese stocks have been steeper than those recorded during the height of the Sino-U.S. trade war in 2018, mainly due to Beijing's targeting of large technology firms.\nAmong other decliners, weapons maker Lockheed Martin Corp\nfell 3.3% after a classified aeronautics development program caused the firm to miss profit estimates.\nVolume on U.S. exchanges was 9.77 billion shares, compared with the 9.82 billion average for the full session over the last 20 trading days.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.30-to-1 ratio; on Nasdaq, a 1.28-to-1 ratio favored decliners.\nThe S&P 500 posted 47 new 52-week highs and no new lows; the Nasdaq Composite recorded 77 new highs and 160 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138745264,"gmtCreate":1621980175458,"gmtModify":1704365308332,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>go","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>go","text":"$Tiger Brokers(TIGR)$go","images":[{"img":"https://static.tigerbbs.com/434b1efd337478c3cbe6c03381097855","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/138745264","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583564129796355","authorId":"3583564129796355","name":"sellsell","avatar":"https://static.tigerbbs.com/f702e035a6cf5482cecbba1eae8db93a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3583564129796355","authorIdStr":"3583564129796355"},"content":"Coming Monday, 7 Jun may touch $29.00 and above","text":"Coming Monday, 7 Jun may touch $29.00 and above","html":"Coming Monday, 7 Jun may touch $29.00 and above"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9000106747,"gmtCreate":1639978690859,"gmtModify":1676533497184,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000106747","repostId":"1109541249","repostType":4,"isVote":1,"tweetType":1,"viewCount":655,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9000969381,"gmtCreate":1639735383133,"gmtModify":1676533493407,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>wah ","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>wah ","text":"$Apple(AAPL)$wah","images":[{"img":"https://static.itradeup.com/news/c2b607e4b4f637d99a5e473882138209","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9000969381","isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":881014321,"gmtCreate":1631281227663,"gmtModify":1676530517785,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Hmm","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Hmm","text":"$Tiger Brokers(TIGR)$Hmm","images":[{"img":"https://static.tigerbbs.com/22fd78a8a76788f82b6ef721059bed9d","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881014321","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":838469997,"gmtCreate":1629424284619,"gmtModify":1676530036074,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Omg","listText":"<a 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","text":"$SEA LTD(SE)$Finally","images":[{"img":"https://static.tigerbbs.com/94beec646e885699683f062cb20202b4","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/135854976","isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":869928405,"gmtCreate":1632236719307,"gmtModify":1676530732064,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>aiyo","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>aiyo","text":"$Alibaba(BABA)$aiyo","images":[{"img":"https://static.tigerbbs.com/1eec8ec8a82d86bb6d66b38062e142e9","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/869928405","isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579787416317079","authorId":"3579787416317079","name":"Mr.LaBuBu","avatar":"https://community-static.tradeup.com/news/d1b38f432d0cfcd1603b0ef6a8400772","crmLevel":6,"crmLevelSwitch":1,"idStr":"3579787416317079","authorIdStr":"3579787416317079"},"content":"sell now and short it. 2 mths later can earn back losses","text":"sell now and short it. 2 mths later can earn back losses","html":"sell now and short it. 2 mths later can earn back losses"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":888084766,"gmtCreate":1631413827555,"gmtModify":1676530543441,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/888084766","repostId":"1147481023","repostType":4,"repost":{"id":"1147481023","pubTimestamp":1631408592,"share":"https://ttm.financial/m/news/1147481023?lang=&edition=fundamental","pubTime":"2021-09-12 09:03","market":"us","language":"en","title":"Cathie Wood's Latest Picks: 2 Stocks She Just Bought","url":"https://stock-news.laohu8.com/highlight/detail?id=1147481023","media":"Motley Fool","summary":"Wood is doubling down on these innovative tech companies.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>The ARK Innovation ETF has beaten the market over the past one, three, and five years.</li>\n</ul>\n<p></p>\n<p>Fund manager Cathie Wood, the founder and CEO of ARK Invest, has earned a reputation as one of Wall Street's best stock pickers. And that reputation is well deserved. Over the past one, three, and five years, ARK's flagship <b>Innovation ETF</b> has crushed the broader market.</p>\n<p>Given that impressive track record, smart investors may want to keep tabs on what Wood is buying and selling. Recently, she added shares of <b>PagerDuty</b>(NYSE:PD) and <b>UiPath</b>(NYSE:PATH) to ARK's flagship ETF. Here's what you should know about these tech stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e31513ae84b50946bda3a4867cf9aacc\" tg-width=\"2000\" tg-height=\"1087\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>1. PagerDuty</b></p>\n<p>PagerDuty is the central nervous system for the modern enterprise. Its platform sits at the center of a company's digital ecosystem, collecting data from virtually all systems and devices. Then, by blending those signals with artificial intelligence, PagerDuty helps its clients predict and prevent the downtime of critical services and technologies.</p>\n<p>For example, the PagerDuty platform captures data from application performance-monitoring tools such as <b>Datadog</b>, IT operations hubs such as <b>ServiceNow</b>, public clouds such as <b>Microsoft</b>Azure, customer service software such as <b>Salesforce.com</b>, and communications platforms such as <b>Zoom</b>. And when issues are identified, PagerDuty either triggers automatic remediation or alerts the appropriate people, helping them quickly resolve incidents such as website outages or system failures.</p>\n<p>As a pioneer in this industry, PagerDuty has 12 years' worth of data and more than 14,100 customers, both of which make the company's artificial-intelligence models more effective. And as new clients join the platform, PagerDuty's data repository will continue to grow, further reinforcing this advantage.</p>\n<p>Financially, the company has posted solid top-line growth over the past two years. Trailing-12-month revenue has increased from $142.7 million in the second quarter of 2020 to $244.2 million in Q2 of 2022, which ended July 31, with a compound annual growth rate (CAGR) of 31%.</p>\n<p>Investors should note that PagerDuty is still not profitable on a GAAP basis, and the company generated negative free cash flow of $6.4 million over the past 12 months. However, PagerDuty is still in the early stages of growing its business, and management believes the company has captured less than 1% of its market opportunity.</p>\n<p>Here's the bottom line: In an increasingly digital world, delivering a high-quality customer experience is not an option -- it's a necessity. And PagerDuty capitalizes on that fact, helping clients keep their digital ecosystems up and running at all times. Given Wood's focus on innovative technologies such as artificial intelligence, I'm not surprised to see her adding shares of this tech stock to ARK's portfolio.</p>\n<p><b>2. UiPath</b></p>\n<p>UiPath is on a mission to bring automation to every enterprise. To that end, its platform combines three cutting-edge technologies -- artificial intelligence, low-code development, and robotic process automation -- helping clients build, deploy, and manage software bots capable of automating various processes in place of human employees.</p>\n<p>To do this, UiPath's bots rely on several types of artificial intelligence, including computer vision, natural language processing, and machine learning. Together, these technologies infuse the bots with the ability to read and understand language, emulate human behavior, and make decisions. In turn, that allows them to automate both simple and complex tasks, such as reviewing emails, completing forms, and extracting data from documents.</p>\n<p>One of UiPath's greatest advantages is its partner ecosystem. The company provides prebuilt integrations with hundreds of popular technologies, including <b>Amazon</b> Web Services, Microsoft 365, and Salesforce, meaning clients can quickly automate workflows on these platforms.</p>\n<p>Because of the scope of the company's mission and its value proposition to clients, UiPath has grown its top line at an impressive pace. Its trailing-12-month revenue has grown from $451.2 million in the second quarter of 2021 to $736.9 million in Q2 of 2022, which ended July 31, for a CAGR of 63%.</p>\n<p>Like PagerDuty, UiPath is currently unprofitable on a GAAP basis and is free cash flow negative. But the company has established itself as the industry leader, according to <b>Forrester Research</b>, and it makes sense to reinforce that advantage by investing aggressively in growth. That's exactly what management is doing.</p>\n<p>Here's the bottom line: Automation drives efficiency and productivity by freeing human employees to spend their time on more important tasks, something that would benefit virtually every enterprise in the world. And UiPath has the best product on the market. That's why I'm not surprised to see Wood doubling down on this tech stock.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Latest Picks: 2 Stocks She Just Bought</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\">\nCathie Wood's Latest Picks: 2 Stocks She Just Bought\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-12 09:03 GMT+8 <a href=https://www.fool.com/investing/2021/09/11/cathie-woods-lastest-picks-2-hot-stocks-she-bought/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nThe ARK Innovation ETF has beaten the market over the past one, three, and five years.\n\n\nFund manager Cathie Wood, the founder and CEO of ARK Invest, has earned a reputation as one of Wall...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/11/cathie-woods-lastest-picks-2-hot-stocks-she-bought/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKW":"ARK Next Generation Internation ETF","PD":"PagerDuty, Inc.","ARKG":"ARK Genomic Revolution ETF","PATH":"UiPath","ARKK":"ARK Innovation ETF"},"source_url":"https://www.fool.com/investing/2021/09/11/cathie-woods-lastest-picks-2-hot-stocks-she-bought/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147481023","content_text":"Key Points\n\nThe ARK Innovation ETF has beaten the market over the past one, three, and five years.\n\n\nFund manager Cathie Wood, the founder and CEO of ARK Invest, has earned a reputation as one of Wall Street's best stock pickers. And that reputation is well deserved. Over the past one, three, and five years, ARK's flagship Innovation ETF has crushed the broader market.\nGiven that impressive track record, smart investors may want to keep tabs on what Wood is buying and selling. Recently, she added shares of PagerDuty(NYSE:PD) and UiPath(NYSE:PATH) to ARK's flagship ETF. Here's what you should know about these tech stocks.\nIMAGE SOURCE: GETTY IMAGES.\n1. PagerDuty\nPagerDuty is the central nervous system for the modern enterprise. Its platform sits at the center of a company's digital ecosystem, collecting data from virtually all systems and devices. Then, by blending those signals with artificial intelligence, PagerDuty helps its clients predict and prevent the downtime of critical services and technologies.\nFor example, the PagerDuty platform captures data from application performance-monitoring tools such as Datadog, IT operations hubs such as ServiceNow, public clouds such as MicrosoftAzure, customer service software such as Salesforce.com, and communications platforms such as Zoom. And when issues are identified, PagerDuty either triggers automatic remediation or alerts the appropriate people, helping them quickly resolve incidents such as website outages or system failures.\nAs a pioneer in this industry, PagerDuty has 12 years' worth of data and more than 14,100 customers, both of which make the company's artificial-intelligence models more effective. And as new clients join the platform, PagerDuty's data repository will continue to grow, further reinforcing this advantage.\nFinancially, the company has posted solid top-line growth over the past two years. Trailing-12-month revenue has increased from $142.7 million in the second quarter of 2020 to $244.2 million in Q2 of 2022, which ended July 31, with a compound annual growth rate (CAGR) of 31%.\nInvestors should note that PagerDuty is still not profitable on a GAAP basis, and the company generated negative free cash flow of $6.4 million over the past 12 months. However, PagerDuty is still in the early stages of growing its business, and management believes the company has captured less than 1% of its market opportunity.\nHere's the bottom line: In an increasingly digital world, delivering a high-quality customer experience is not an option -- it's a necessity. And PagerDuty capitalizes on that fact, helping clients keep their digital ecosystems up and running at all times. Given Wood's focus on innovative technologies such as artificial intelligence, I'm not surprised to see her adding shares of this tech stock to ARK's portfolio.\n2. UiPath\nUiPath is on a mission to bring automation to every enterprise. To that end, its platform combines three cutting-edge technologies -- artificial intelligence, low-code development, and robotic process automation -- helping clients build, deploy, and manage software bots capable of automating various processes in place of human employees.\nTo do this, UiPath's bots rely on several types of artificial intelligence, including computer vision, natural language processing, and machine learning. Together, these technologies infuse the bots with the ability to read and understand language, emulate human behavior, and make decisions. In turn, that allows them to automate both simple and complex tasks, such as reviewing emails, completing forms, and extracting data from documents.\nOne of UiPath's greatest advantages is its partner ecosystem. The company provides prebuilt integrations with hundreds of popular technologies, including Amazon Web Services, Microsoft 365, and Salesforce, meaning clients can quickly automate workflows on these platforms.\nBecause of the scope of the company's mission and its value proposition to clients, UiPath has grown its top line at an impressive pace. Its trailing-12-month revenue has grown from $451.2 million in the second quarter of 2021 to $736.9 million in Q2 of 2022, which ended July 31, for a CAGR of 63%.\nLike PagerDuty, UiPath is currently unprofitable on a GAAP basis and is free cash flow negative. But the company has established itself as the industry leader, according to Forrester Research, and it makes sense to reinforce that advantage by investing aggressively in growth. That's exactly what management is doing.\nHere's the bottom line: Automation drives efficiency and productivity by freeing human employees to spend their time on more important tasks, something that would benefit virtually every enterprise in the world. And UiPath has the best product on the market. That's why I'm not surprised to see Wood doubling down on this tech stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885942483,"gmtCreate":1631753446942,"gmtModify":1676530625383,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>who is with me?","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>who is with me?","text":"$Alibaba(BABA)$who is with me?","images":[{"img":"https://static.tigerbbs.com/d2a5a2dc04770ccdb8d3b5557ce367f3","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/885942483","isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":881688543,"gmtCreate":1631331032782,"gmtModify":1676530530727,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881688543","repostId":"1127461097","repostType":4,"repost":{"id":"1127461097","pubTimestamp":1631324868,"share":"https://ttm.financial/m/news/1127461097?lang=&edition=fundamental","pubTime":"2021-09-11 09:47","market":"us","language":"en","title":"One Small Step From Apple Could Mean A Giant Leap For GlobalStar","url":"https://stock-news.laohu8.com/highlight/detail?id=1127461097","media":"Seeking Alpha","summary":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, ","content":"<p><b>Summary</b></p>\n<ul>\n <li>At first sight, Globalstar is just one more satellite communications play.</li>\n <li>Looking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.</li>\n <li>Being selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.</li>\n <li>Even without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.</li>\n <li>Valuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed6c50a6d200b5d8c35f4d14498600c9\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>metamorworks/iStock via Getty Images</span></p>\n<p>Globalstar's (GSAT) shares soared 40% on August 30 after a report by MacRumors which cited expert Apple (NASDAQ:AAPL) analyst Ming-Chi Kuo of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bd859c3544ffd37de25d5bc8dfe3166\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Soon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should allow users to issue crash reports or text messages in areas without cellular coverage.</p>\n<p>Now, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.</p>\n<p><b>Reasons for Apple to choose Globalstar</b></p>\n<p>For most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.</p>\n<p>To have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of 97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.</p>\n<p>Therefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.</p>\n<p>This blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.</p>\n<p>For investors, the Snapdragon X65 will be released in the fall of 2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.</p>\n<p><b>Globalstar's differentiation</b></p>\n<p>Thus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.</p>\n<p>Now, satellite communications is a huge industry, estimated at $56.01 billion in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&T (T).</p>\n<p>Here, GlobalStar seems to be having some key strengths with respect to peers.</p>\n<p>According to the company's website, its strategically placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.</p>\n<p>Pursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ab07af4d39eb03b1776e870748b773f\" tg-width=\"828\" tg-height=\"468\" width=\"100%\" height=\"auto\"><span>Source: globalstar.com</span></p>\n<p>Consequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than five billion mobile subscribers constantly move in and out of wireless coverage, representing a huge TAM.</p>\n<p>Bagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).</p>\n<p><b>The revenues</b></p>\n<p>Overall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.</p>\n<p>Looking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e8b74a670c927d2d84f1751cfd4a148\" tg-width=\"498\" tg-height=\"457\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p>\n<p>Interestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.</p>\n<p>Thinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.</p>\n<p>As a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.</p>\n<p>A comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4be74c4a607fae52a664620ba3cf9d68\" tg-width=\"455\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>Source: Charts built through data from Seeking Alpha.</span></p>\n<p>Therefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.</p>\n<p>On the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.</p>\n<p>As of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional $37.5 million in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had $313.4 million in long-term debt.</p>\n<p><b>Valuations and key takeaways</b></p>\n<p>As much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at 10.1% from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.</p>\n<p>The company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.</p>\n<p>Furthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was -$0.01 for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of 20x. This signifies no buying opportunity based on fundamentals.</p>\n<p>The only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.</p>\n<p>This said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in high Price to Sales multiples of over 2000% with respect to the communications sector.</p>\n<p>Consequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>One Small Step From Apple Could Mean A Giant Leap For GlobalStar</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\">\nOne Small Step From Apple Could Mean A Giant Leap For GlobalStar\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 09:47 GMT+8 <a href=https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into...</p>\n\n<a href=\"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GSAT":"全球星"},"source_url":"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127461097","content_text":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.\nBeing selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.\nEven without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.\nValuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.\n\nmetamorworks/iStock via Getty Images\nGlobalstar's (GSAT) shares soared 40% on August 30 after a report by MacRumors which cited expert Apple (NASDAQ:AAPL) analyst Ming-Chi Kuo of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.\nData by YCharts\nSoon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should allow users to issue crash reports or text messages in areas without cellular coverage.\nNow, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.\nReasons for Apple to choose Globalstar\nFor most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.\nTo have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of 97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.\nTherefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.\nThis blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.\nFor investors, the Snapdragon X65 will be released in the fall of 2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.\nGlobalstar's differentiation\nThus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.\nNow, satellite communications is a huge industry, estimated at $56.01 billion in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&T (T).\nHere, GlobalStar seems to be having some key strengths with respect to peers.\nAccording to the company's website, its strategically placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.\nPursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.\nSource: globalstar.com\nConsequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than five billion mobile subscribers constantly move in and out of wireless coverage, representing a huge TAM.\nBagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).\nThe revenues\nOverall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.\nLooking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.\nSource: Seeking Alpha\nInterestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.\nThinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.\nAs a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.\nA comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.\nSource: Charts built through data from Seeking Alpha.\nTherefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.\nOn the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.\nAs of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional $37.5 million in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had $313.4 million in long-term debt.\nValuations and key takeaways\nAs much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at 10.1% from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.\nThe company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.\nFurthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was -$0.01 for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of 20x. This signifies no buying opportunity based on fundamentals.\nThe only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.\nThis said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in high Price to Sales multiples of over 2000% with respect to the communications sector.\nConsequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815427883,"gmtCreate":1630715027742,"gmtModify":1676530381540,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Ok","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>Ok","text":"$Alibaba(BABA)$Ok","images":[{"img":"https://static.tigerbbs.com/ef6a6290e45f8ef053b5c6fed5a4ce91","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815427883","isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":179050170,"gmtCreate":1626477133990,"gmtModify":1703760712353,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FB\">$Facebook(FB)$</a>dropping?","listText":"<a href=\"https://laohu8.com/S/FB\">$Facebook(FB)$</a>dropping?","text":"$Facebook(FB)$dropping?","images":[{"img":"https://static.tigerbbs.com/fe40c09f2551bcfddcca11871dee37bd","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/179050170","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3561508330885091","authorId":"3561508330885091","name":"杰力安心睡大觉","avatar":"https://static.tigerbbs.com/479664bdd5087d57cfa715e187b1cc6d","crmLevel":2,"crmLevelSwitch":0,"idStr":"3561508330885091","authorIdStr":"3561508330885091"},"content":"Nice profit! Dropping as market re-evaluate valuation..","text":"Nice profit! Dropping as market re-evaluate valuation..","html":"Nice profit! Dropping as market re-evaluate valuation.."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147484842,"gmtCreate":1626384704686,"gmtModify":1703758963774,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>What happen?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>What happen?","text":"$Tiger Brokers(TIGR)$What happen?","images":[{"img":"https://static.tigerbbs.com/4e38444b0a63ed14063687f76e29ed38","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147484842","isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":125365203,"gmtCreate":1624657756002,"gmtModify":1703842827476,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RCL\">$Royal Caribbean Cruises(RCL)$</a>Ok","listText":"<a href=\"https://laohu8.com/S/RCL\">$Royal Caribbean Cruises(RCL)$</a>Ok","text":"$Royal Caribbean Cruises(RCL)$Ok","images":[{"img":"https://static.tigerbbs.com/309947c07aeee1b58e560877c9fcc721","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/125365203","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":139239726,"gmtCreate":1621635173865,"gmtModify":1704360722283,"author":{"id":"3581853856981923","authorId":"3581853856981923","name":"eiileen","avatar":"https://static.tigerbbs.com/79753946c0327017ff2bcd986354301b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581853856981923","authorIdStr":"3581853856981923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/139239726","repostId":"2137906121","repostType":4,"repost":{"id":"2137906121","pubTimestamp":1621611396,"share":"https://ttm.financial/m/news/2137906121?lang=&edition=fundamental","pubTime":"2021-05-21 23:36","market":"us","language":"en","title":"Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906121","media":"Motley Fool","summary":"Berkshire Hathaway has continued to reduce its stakes in banks.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.</p>\n<p>\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"</p>\n<p>Let's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2da7d6438277757a73f9e626ebc6fc2\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. All but eliminating Wells Fargo</h2>\n<p>Everyone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, <b>Wells Fargo</b> (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.</p>\n<p>This essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at <a href=\"https://laohu8.com/S/AONE\">one</a> point back in 2017, it was reportedly worth as much as $29 billion.</p>\n<p>But as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.</p>\n<p>The stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.</p>\n<h2>2. Dumping <a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></h2>\n<p>Last quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company <b>Synchrony Financial </b>(NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.</p>\n<p>While I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, <b>JPMorgan Chase</b>, and loaded up on America's second-largest bank, <b>Bank of America</b>.</p>\n<p>Considering that Buffett already has a huge position in <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.</p>\n<h2>3. Trimming U.S. Bancorp again</h2>\n<p>Berkshire Hathaway also sold about 1.45 million shares of <b>U.S. Bancorp</b> (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in <b>PNC Financial Services Group</b> and <b>M&T Bank</b>, in the fourth quarter of 2020. </p>\n<p>One possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. </p>\n<p>Overall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:36 GMT+8 <a href=https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","SYF":"Synchrony Financial","BRK.B":"伯克希尔B","USB":"美国合众银行","WFC":"富国银行"},"source_url":"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906121","content_text":"Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.\n\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"\nLet's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.\nImage source: Getty Images.\n1. All but eliminating Wells Fargo\nEveryone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, Wells Fargo (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.\nThis essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at one point back in 2017, it was reportedly worth as much as $29 billion.\nBut as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.\nThe stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.\n2. Dumping Synchrony Financial\nLast quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company Synchrony Financial (NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.\nWhile I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, JPMorgan Chase, and loaded up on America's second-largest bank, Bank of America.\nConsidering that Buffett already has a huge position in American Express, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.\n3. Trimming U.S. Bancorp again\nBerkshire Hathaway also sold about 1.45 million shares of U.S. Bancorp (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in PNC Financial Services Group and M&T Bank, in the fourth quarter of 2020. \nOne possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. \nOverall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}