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2023-03-28

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The "Fed Pivot" Is Coming - The Bottom Is Close

2023-03-13

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2023-01-14

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@BrianWashington:do you know why it is one of the very few stocks that can afford a 400% spike without finding any fund ready to short it? because if the company wants to make the fund collapse, not letting it find the quantity of shares to cover itself.... morale??? whoever decides the price is only the company for better or for worse$AMTD Digital Inc.(HKD)$

2022-12-31

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@MoneyManagement: MMTLP vs. FINRA!!! BAD News from Broker-Dealers! SOLUTION FROM DTCC!!! DO NOT MISS THIS UPDATE!

2022-12-26

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@QuinnKelvin:The easiest stock to have ever shorted. Visited their plant in normal Illinois. Spoke with the plant workers. Complained of lag time of parts coming in due to supply chain shortages and disruptions. Most days production goals were never met and line workers were instructed to look busy on days that executives and investors were visiting the plant. When it IPO'd and saw the sp go to $180 I knew it was nothing but a massive pump by institutional investors who were trying to cash out at the highest price for their privately owned shares once it hit the public markets.$Rivian Automotive, Inc.(RIVN)$

2022-12-13

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Half-Price Tesla Stock Is Still No Bargain

2022-12-12

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Thoma Bravo to Buy Coupa Software for $6.15 Billion

2022-12-12

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Half-Price Tesla Stock Is Still No Bargain

2022-12-03

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Sorry, the original content has been removed

2022-12-03

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Payrolls Increased 263,000 in November, Much Better Than Expected

2022-11-29

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Alibaba: Candidate For The Record Book Of Mispriced Stocks

2022-11-25

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Arrival Stock Surges 7.6% As CEO Steps Down

2022-11-24

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Palantir: I Am Still Not Willing To Gamble

2022-11-21

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Pre-Bell｜U.S. Futures Decline; Disney Jumps; One Company Share Price Doubles

2022-11-21

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Disney's Iger May Have to Cut Costs As Streaming Loses Money

2022-11-20

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The Collapse of Carvana, the "Amazon of Used Cars", Continues

2022-11-20

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Musk Considers Further Twitter Layoffs in Sales on Monday

2022-11-20

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Fed’s Bostic Favors Slower Pace of Rate Hikes Ending Near 5%

2022-11-20

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Qualcomm Vs. Nvidia: The Better Buy Might Shock You

2022-11-20

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5 Jaw-Dropping Growth Stocks You'll Regret Not Buying on the Dip

Go to Tiger App to see more news

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The Bottom Is Close","url":"https://stock-news.laohu8.com/highlight/detail?id=1147411328","media":"Seeking Alpha","summary":"SummaryWith a banking crisis unfolding, the Fed must curb its aggressive interest rate policy and re","content":"<html><head></head><body><h2>Summary</h2><ul><li>With a banking crisis unfolding, the Fed must curb its aggressive interest rate policy and return to easing monetary conditions soon.</li><li>Instead of 5.5%, the market now expects the benchmark to be closer to 4% by year-end.</li><li>Moreover, the funds rate may move even lower if the recession persists.</li><li>While some companies like quality tech bottomed, other significant components in the S&amp;P 500 probably have not.</li><li>Therefore, we may see the SPX retest its bottom around 3,500, or move even lower if the banking crisis intensifies.</li></ul><p><img src=\"https://static.tigerbbs.com/9aedd205d2a154ffea1a99ec16453fdf\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/></p><p>With a banking crisis unfolding, the Fed must curb its aggressive interest rate policy and return to easing monetary conditions soon. Therefore, while it&#39;s a crucial week for markets data wise, the market may already have decided about the fate of interest rate policyand where the benchmark may be in the next few months.</p><p><b>Fed Funds Rate - Year-End Probabilities</b></p><p><img src=\"https://static.tigerbbs.com/b8f559cf008b5d09e5e8a2afdd951ae1\" tg-width=\"640\" tg-height=\"438\" referrerpolicy=\"no-referrer\"/></p><p>Rate probabilities ((CMEGroup.com))</p><p>Remarkably, the probabilities for the year-end Dec. 13 FOMC meeting now point to a benchmark that&#39;s likely tobe around 4%. About one month ago, the market was confident that the Fed funds rate would be approximately 5.5% by year-end. There&#39;s a significant difference between 4% (or lower) and 5.5%. Marginal declines in inflation are not enough for such a dramatic drop in rate increase expectations. However, an upcoming recession is. Thus, recently, we saw a sharp shift in rate expectations due to banks like SVB (SIVB) failing and the rippling fear of the dreaded contagion effect.</p><h2>Economic Data - Crucial Week Ahead<img src=\"https://static.tigerbbs.com/261dc95b15c916676f19afb4e4aca6a0\" tg-width=\"640\" tg-height=\"881\" referrerpolicy=\"no-referrer\"/></h2><p>Economic data(Investing.com)</p><p>We have some crucial consumer data coming in this week. Moreover, the GDP report will come out on Thursday. Yet, this Friday&#39;s PCE number is the most critical market-moving event. If the reading comes in hotter than expected, we may have an increase in higher rate probabilities moving on. Furthermore, the dynamic of persistent inflation could plague corporate margins, thus, curbing consumer sentiment further in the coming months.</p><p>Exploring Some Scenarios - The SPX<img src=\"https://static.tigerbbs.com/81f53e98492606c9c5b7090599983532\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>SPX(StockCharts.com)</p><p>The SPX has moderated its decline, and we&#39;re approaching another inflection point here. However, before we draw any conclusions, we should consider several critical questions first. Did the SPX and stocks generally make a lasting bear market bottom in mid October last year? While this is a simple $64,000 question, the answer may need some clarification, as some stocks probably bottomed and others likely have not.</p><p>Some stocks, especially the severely oversold high-quality technology names I discussed inmany articles around their lowslast fall, probably made long-term bottoms but should continue providing buying opportunities on pullbacks and dips.</p><p>On the other hand, many other stocks likely have further downside ahead. We just saw the banking sector get demolished within several days. The financial ETF (XLF) dropped by about 19% from its recent highs, becoming extremely oversold in recent sessions. High-quality financials should provide considerable long-term upside potential despite the probability of near-term volatility.</p><p><b>XLF - Possible Bottom-Buying Opportunity Here</b></p><p><img src=\"https://static.tigerbbs.com/9dc91affa94a9468eb17d784b4d3bff1\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>XLF(StockCharts.com)</p><p>XLF had a constructive reversal on extremely high volume in Friday&#39;s session. XLF&#39;s price dropped to approximately the $30 level support level, representing a 20% correction and gaining momentum in buy interest around this point. The question is whether this is a lasting bottom, or could there be more downside if more shoes drop in the finical sector as we advance?</p><p>So far, XLF appears relatively constructive, and we may be around a tradable bottom right now. There may be more downside for specific financials in the intermediate and long term. Nevertheless, some quality financials could provide excellent initial entry points, DCA opportunities here, and other options as we advance through this banking crisis.</p><h2>My Top Five Financial Stocks</h2><p><b>1. Goldman Sachs</b>(GS) - There&#39;s a reason why they say &#34;Goldman Sachs - the smartest guys in the room.&#34; Goldman continues making money in enormous sums. Also, if anyone profits from the credit default swaps and other derivative investment vehicles during this downturn, Goldman Sachs may be the stock to bank on.</p><p><img src=\"https://static.tigerbbs.com/f5fda3135321a418c3c9aaad862036c8\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>GS(StockCharts.com)</p><p>GS had a constructive correction, but it should not be affected negatively regarding what we&#39;ve seen with SIVB and smaller regional banks. GS is a solid financial, paying a 3%+ dividend now. Moreover, GS is trading at an ultra-low forward EPS of roughly 7-9 here. Goldman&#39;s revenues and earnings could increase more than expected, especially following the Fed&#39;s &#34;pivot&#34; and eventual return to an easy monetary atmosphere. Many financials will benefit when the easy rate policy regime returns.</p><p><b>2. I also like JPMorgan</b>(JPM) for similar reasons, as JPM is typically a well-managed bank and controls risk relatively well during critical moments. JPM&#39;s CDS/other derivative exposure could enable the bank to navigate the crisis with limited risk exposure. JPMorgan has solid earnings potential and tradesbelow a ten P/E ratio here. Moreover, JPM also provides a 3.2% dividend around here.</p><p><b>EPS Estimates - Could Move Higher</b></p><p><img src=\"https://static.tigerbbs.com/277f4782da05c846691a02d3c85c5e89\" tg-width=\"640\" tg-height=\"181\" referrerpolicy=\"no-referrer\"/></p><p>EPS estimates(SeekingAlpha.com)</p><p>EPS could increase quicker and more significantly than expected as JPMorgan capitalizes on the future &#34;easier monetary&#34; environment. We could see significant multiple expansion as JPM returns to a stable EPS growth of 5-10% YoY. If we apply a 12-15 times forward P/E multiple to JPM&#39;s current EPS estimates, we arrive at a stock price of $160-200 for the company&#39;s shares (trading at $125 recently).</p><p><b>3. KeyCorp</b>(KEY) - Key is a solid bank with no evidence of significant exposure to toxic assets. The company&#39;s stock became caught up in the recent panic selling and got crushed beneath a massive selling wave.</p><p><img src=\"https://static.tigerbbs.com/1eb67115c4ebb5b643c8825b318fbc66\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>KEY(StockCharts.com)</p><p>I haven&#39;t seen any evidence that Key has significant exposure to bad debt or anything toxic that should impact the bank. Nevertheless, I found its shares down nearly 50% in days, leading me to &#34;buy the panic&#34; in this regional bank.</p><p><i>Disclosure: I have been a happy customer for many years at Key Bank.</i></p><p><b>4.SPDR Regional Banking ETF</b>(KRE) - The KRE is a highly diverse composite of 147 companies at the heart of America&#39;s regional banking industry. Therefore, KRE is an ideal gauge considering the well-being of the finical system in the U.S.</p><p><b>KRE&#39;s - Sudden Drop</b></p><p><img src=\"https://static.tigerbbs.com/fae177c449fc880b4a6d350e5e14f48a\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>KRE(StockCharts.com)</p><p>While KRE has had quite the drop, we should consider the future risks carefully and watch this ETF as events unfold in the finical segment in the coming months.</p><p><b>5. Charles Schwab</b>(SCHW) - One of the most significant factors is the size of Charles Schwab, as its market cap has swelled to well over $100 billion in recent years. Also, I just realized how massive and powerful Charles Schwab has become recently. The most crucial question is how significant could the unrealized losses be at Schwab, and could the company have to realize them at an unfavorable time?</p><p><img src=\"https://static.tigerbbs.com/e64880f7713ed0b2b5732ea1083ad1f5\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>SCHW(StockCharts.com)</p><p>Technically, this stock has taken a significant beating and likely deserves a rebound. However, someanalysts remain cautiousand warn that the stock could have limited upside now. I concur that Schwab is a crucial company to watch now, but there is little need, if any, to own its stock. Once the fog clears, under more transparent circumstances, Schwab will become a strong buy. However, I will continue watching and consider Schwab at lower prices advancing from here.</p><h2>Where SPX is Going From Here<img src=\"https://static.tigerbbs.com/0aa649b8518672ae1092373ae234103c\" tg-width=\"640\" tg-height=\"339\" referrerpolicy=\"no-referrer\"/></h2><p>SPX(thinkorswim)</p><p>SPX remains highly resilient and should attempt to break out again soon. It&#39;s moving to critical 4,080-4,100 resistance; if it can overcome this zone, 4,200-4,300, resistance could come next. Nevertheless, if the SPX doesn&#39;t penetrate 4,100 and reverses, the technical image becomes bearish, and the critical support we continue watching is the 4,000 and the 3,800 levels now. If the SPX starts slipping below critical levels of support, it will become highly probable that the SPX will either double bottom, retracing back to 3,500, or reach a new low in the worst-case outcome.</p><h2>Portfolio Strategy: Keeping It Simple</h2><p>The quarter is ending soon, and it&#39;s been a terrific start to the year for our All-Weather Portfolio&#34;AWP.&#34; YTD, the AWP is up by approximately 17%, the SPX is up by around 3.4%, and the NYSE is down by nearly 3% for the year.</p><p><b>AWP - YTD/QTD Performance</b></p><p><img src=\"https://static.tigerbbs.com/9f1ab6d9fe5c1d2c54044e9c99ac7514\" tg-width=\"640\" tg-height=\"92\" referrerpolicy=\"no-referrer\"/></p><p>The AWP(The Financial Prophet )</p><p>Therefore, we&#39;re doing well, especially in our technology, materials, and cryptocurrency segments. The AWP&#39;s technology segment of the portfolio is up by roughly 25% YTD, and the AWP&#39;s diversified non-GSM stock/ETF segment is up by approximately 16.3% (18%, including hedging).</p><ul><li>My SPX bear-market bottom range remains 3,500-3,000</li><li>My year-end SPX target range is 4,200-4,600</li></ul></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The \"Fed Pivot\" Is Coming - The Bottom Is Close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe \"Fed Pivot\" Is Coming - The Bottom Is Close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-28 13:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4590360-the-fed-pivot-is-coming-the-bottom-is-close><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWith a banking crisis unfolding, the Fed must curb its aggressive interest rate policy and return to easing monetary conditions soon.Instead of 5.5%, the market now expects the benchmark to be ...</p>\n\n<a href=\"https://seekingalpha.com/article/4590360-the-fed-pivot-is-coming-the-bottom-is-close\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KRE":"区域银行指数ETF-SPDR KBW","GS":"高盛","JPM":"摩根大通","SCHW":"嘉信理财","KEY":"KeyCorp"},"source_url":"https://seekingalpha.com/article/4590360-the-fed-pivot-is-coming-the-bottom-is-close","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1147411328","content_text":"SummaryWith a banking crisis unfolding, the Fed must curb its aggressive interest rate policy and return to easing monetary conditions soon.Instead of 5.5%, the market now expects the benchmark to be closer to 4% by year-end.Moreover, the funds rate may move even lower if the recession persists.While some companies like quality tech bottomed, other significant components in the S&P 500 probably have not.Therefore, we may see the SPX retest its bottom around 3,500, or move even lower if the banking crisis intensifies.With a banking crisis unfolding, the Fed must curb its aggressive interest rate policy and return to easing monetary conditions soon. Therefore, while it's a crucial week for markets data wise, the market may already have decided about the fate of interest rate policyand where the benchmark may be in the next few months.Fed Funds Rate - Year-End ProbabilitiesRate probabilities ((CMEGroup.com))Remarkably, the probabilities for the year-end Dec. 13 FOMC meeting now point to a benchmark that's likely tobe around 4%. About one month ago, the market was confident that the Fed funds rate would be approximately 5.5% by year-end. There's a significant difference between 4% (or lower) and 5.5%. Marginal declines in inflation are not enough for such a dramatic drop in rate increase expectations. However, an upcoming recession is. Thus, recently, we saw a sharp shift in rate expectations due to banks like SVB (SIVB) failing and the rippling fear of the dreaded contagion effect.Economic Data - Crucial Week AheadEconomic data(Investing.com)We have some crucial consumer data coming in this week. Moreover, the GDP report will come out on Thursday. Yet, this Friday's PCE number is the most critical market-moving event. If the reading comes in hotter than expected, we may have an increase in higher rate probabilities moving on. Furthermore, the dynamic of persistent inflation could plague corporate margins, thus, curbing consumer sentiment further in the coming months.Exploring Some Scenarios - The SPXSPX(StockCharts.com)The SPX has moderated its decline, and we're approaching another inflection point here. However, before we draw any conclusions, we should consider several critical questions first. Did the SPX and stocks generally make a lasting bear market bottom in mid October last year? While this is a simple $64,000 question, the answer may need some clarification, as some stocks probably bottomed and others likely have not.Some stocks, especially the severely oversold high-quality technology names I discussed inmany articles around their lowslast fall, probably made long-term bottoms but should continue providing buying opportunities on pullbacks and dips.On the other hand, many other stocks likely have further downside ahead. We just saw the banking sector get demolished within several days. The financial ETF (XLF) dropped by about 19% from its recent highs, becoming extremely oversold in recent sessions. High-quality financials should provide considerable long-term upside potential despite the probability of near-term volatility.XLF - Possible Bottom-Buying Opportunity HereXLF(StockCharts.com)XLF had a constructive reversal on extremely high volume in Friday's session. XLF's price dropped to approximately the $30 level support level, representing a 20% correction and gaining momentum in buy interest around this point. The question is whether this is a lasting bottom, or could there be more downside if more shoes drop in the finical sector as we advance?So far, XLF appears relatively constructive, and we may be around a tradable bottom right now. There may be more downside for specific financials in the intermediate and long term. Nevertheless, some quality financials could provide excellent initial entry points, DCA opportunities here, and other options as we advance through this banking crisis.My Top Five Financial Stocks1. Goldman Sachs(GS) - There's a reason why they say \"Goldman Sachs - the smartest guys in the room.\" Goldman continues making money in enormous sums. Also, if anyone profits from the credit default swaps and other derivative investment vehicles during this downturn, Goldman Sachs may be the stock to bank on.GS(StockCharts.com)GS had a constructive correction, but it should not be affected negatively regarding what we've seen with SIVB and smaller regional banks. GS is a solid financial, paying a 3%+ dividend now. Moreover, GS is trading at an ultra-low forward EPS of roughly 7-9 here. Goldman's revenues and earnings could increase more than expected, especially following the Fed's \"pivot\" and eventual return to an easy monetary atmosphere. Many financials will benefit when the easy rate policy regime returns.2. I also like JPMorgan(JPM) for similar reasons, as JPM is typically a well-managed bank and controls risk relatively well during critical moments. JPM's CDS/other derivative exposure could enable the bank to navigate the crisis with limited risk exposure. JPMorgan has solid earnings potential and tradesbelow a ten P/E ratio here. Moreover, JPM also provides a 3.2% dividend around here.EPS Estimates - Could Move HigherEPS estimates(SeekingAlpha.com)EPS could increase quicker and more significantly than expected as JPMorgan capitalizes on the future \"easier monetary\" environment. We could see significant multiple expansion as JPM returns to a stable EPS growth of 5-10% YoY. If we apply a 12-15 times forward P/E multiple to JPM's current EPS estimates, we arrive at a stock price of $160-200 for the company's shares (trading at $125 recently).3. KeyCorp(KEY) - Key is a solid bank with no evidence of significant exposure to toxic assets. The company's stock became caught up in the recent panic selling and got crushed beneath a massive selling wave.KEY(StockCharts.com)I haven't seen any evidence that Key has significant exposure to bad debt or anything toxic that should impact the bank. Nevertheless, I found its shares down nearly 50% in days, leading me to \"buy the panic\" in this regional bank.Disclosure: I have been a happy customer for many years at Key Bank.4.SPDR Regional Banking ETF(KRE) - The KRE is a highly diverse composite of 147 companies at the heart of America's regional banking industry. Therefore, KRE is an ideal gauge considering the well-being of the finical system in the U.S.KRE's - Sudden DropKRE(StockCharts.com)While KRE has had quite the drop, we should consider the future risks carefully and watch this ETF as events unfold in the finical segment in the coming months.5. Charles Schwab(SCHW) - One of the most significant factors is the size of Charles Schwab, as its market cap has swelled to well over $100 billion in recent years. Also, I just realized how massive and powerful Charles Schwab has become recently. The most crucial question is how significant could the unrealized losses be at Schwab, and could the company have to realize them at an unfavorable time?SCHW(StockCharts.com)Technically, this stock has taken a significant beating and likely deserves a rebound. However, someanalysts remain cautiousand warn that the stock could have limited upside now. I concur that Schwab is a crucial company to watch now, but there is little need, if any, to own its stock. Once the fog clears, under more transparent circumstances, Schwab will become a strong buy. However, I will continue watching and consider Schwab at lower prices advancing from here.Where SPX is Going From HereSPX(thinkorswim)SPX remains highly resilient and should attempt to break out again soon. It's moving to critical 4,080-4,100 resistance; if it can overcome this zone, 4,200-4,300, resistance could come next. Nevertheless, if the SPX doesn't penetrate 4,100 and reverses, the technical image becomes bearish, and the critical support we continue watching is the 4,000 and the 3,800 levels now. If the SPX starts slipping below critical levels of support, it will become highly probable that the SPX will either double bottom, retracing back to 3,500, or reach a new low in the worst-case outcome.Portfolio Strategy: Keeping It SimpleThe quarter is ending soon, and it's been a terrific start to the year for our All-Weather Portfolio\"AWP.\" YTD, the AWP is up by approximately 17%, the SPX is up by around 3.4%, and the NYSE is down by nearly 3% for the year.AWP - YTD/QTD PerformanceThe AWP(The Financial Prophet )Therefore, we're doing well, especially in our technology, materials, and cryptocurrency segments. The AWP's technology segment of the portfolio is up by roughly 25% YTD, and the AWP's diversified non-GSM stock/ETF segment is up by approximately 16.3% (18%, including hedging).My SPX bear-market bottom range remains 3,500-3,000My year-end SPX target range is 4,200-4,600","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949227393,"gmtCreate":1678706074113,"gmtModify":1678706076653,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949227393","repostId":"2319056489","repostType":2,"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958364150,"gmtCreate":1673637366571,"gmtModify":1676538868908,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958364150","repostId":"9958910454","repostType":1,"repost":{"id":9958910454,"gmtCreate":1673609771678,"gmtModify":1676538864151,"author":{"id":"9000000000000140","authorId":"9000000000000140","name":"BrianWashington","avatar":"https://static.tigerbbs.com/28b54c3ff00aca78d815cf3ac82272b2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"do you know why it is one of the very few stocks that can afford a 400% spike without finding any fund ready to short it? because if the company wants to make the fund collapse, not letting it find the quantity of shares to cover itself.... morale??? whoever decides the price is only the company for better or for worse<a href=\"https://ttm.financial/S/HKD\">$AMTD Digital Inc.(HKD)$</a>","listText":"do you know why it is one of the very few stocks that can afford a 400% spike without finding any fund ready to short it? because if the company wants to make the fund collapse, not letting it find the quantity of shares to cover itself.... morale??? whoever decides the price is only the company for better or for worse<a href=\"https://ttm.financial/S/HKD\">$AMTD Digital Inc.(HKD)$</a>","text":"do you know why it is one of the very few stocks that can afford a 400% spike without finding any fund ready to short it? because if the company wants to make the fund collapse, not letting it find the quantity of shares to cover itself.... morale??? whoever decides the price is only the company for better or for worse$AMTD Digital Inc.(HKD)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958910454","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927151053,"gmtCreate":1672424473172,"gmtModify":1676538690156,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927151053","repostId":"9927125427","repostType":1,"repost":{"id":9927125427,"gmtCreate":1672422019169,"gmtModify":1676538689998,"author":{"id":"9000000000000578","authorId":"9000000000000578","name":"MoneyManagement","avatar":"https://community-static.tradeup.com/news/d0e78c6c413d362ebb830f1d3ff7a19e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"\n \n \n  MMTLP vs. FINRA!!! BAD News from Broker-Dealers! SOLUTION FROM DTCC!!! DO NOT MISS THIS UPDATE!\n \n","listText":"MMTLP vs. FINRA!!! BAD News from Broker-Dealers! SOLUTION FROM DTCC!!! DO NOT MISS THIS UPDATE!","text":"MMTLP vs. FINRA!!! BAD News from Broker-Dealers! SOLUTION FROM DTCC!!! DO NOT MISS THIS UPDATE!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927125427","isVote":1,"tweetType":2,"object":{"id":"3c1cc740f1e34c7c856df1b1974b7f1f","tweetId":"9927125427","title":"MMTLP vs. FINRA!!! BAD News from Broker-Dealers! SOLUTION FROM DTCC!!! DO NOT MISS THIS UPDATE!","videoUrl":"http://v.tigerbbs.com/167242201382875d352f75522b3851c6db822448e7cce.mp4","poster":"https://static.tigerbbs.com/eafffcf267abf29e99cfc1259ed1ac75","shareLink":"http://v.tigerbbs.com/167242201382875d352f75522b3851c6db822448e7cce.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925584741,"gmtCreate":1672066826383,"gmtModify":1676538629205,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925584741","repostId":"9925585642","repostType":1,"repost":{"id":9925585642,"gmtCreate":1672066700686,"gmtModify":1676538629167,"author":{"id":"9000000000000417","authorId":"9000000000000417","name":"QuinnKelvin","avatar":"https://static.tigerbbs.com/70eb8e5a109296fe82a90563211f430b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"The easiest stock to have ever shorted. Visited their plant in normal Illinois. Spoke with the plant workers. Complained of lag time of parts coming in due to supply chain shortages and disruptions. Most days production goals were never met and line workers were instructed to look busy on days that executives and investors were visiting the plant. When it IPO'd and saw the sp go to $180 I knew it was nothing but a massive pump by institutional investors who were trying to cash out at the highest price for their privately owned shares once it hit the public markets.<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>","listText":"The easiest stock to have ever shorted. Visited their plant in normal Illinois. Spoke with the plant workers. Complained of lag time of parts coming in due to supply chain shortages and disruptions. Most days production goals were never met and line workers were instructed to look busy on days that executives and investors were visiting the plant. When it IPO'd and saw the sp go to $180 I knew it was nothing but a massive pump by institutional investors who were trying to cash out at the highest price for their privately owned shares once it hit the public markets.<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>","text":"The easiest stock to have ever shorted. Visited their plant in normal Illinois. Spoke with the plant workers. Complained of lag time of parts coming in due to supply chain shortages and disruptions. Most days production goals were never met and line workers were instructed to look busy on days that executives and investors were visiting the plant. When it IPO'd and saw the sp go to $180 I knew it was nothing but a massive pump by institutional investors who were trying to cash out at the highest price for their privately owned shares once it hit the public markets.$Rivian Automotive, Inc.(RIVN)$","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925585642","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923597270,"gmtCreate":1670884908891,"gmtModify":1676538451168,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9923597270","repostId":"1184694706","repostType":4,"repost":{"id":"1184694706","pubTimestamp":1670852410,"share":"https://www.laohu8.com/m/news/1184694706?lang=&edition=full","pubTime":"2022-12-12 21:40","market":"us","language":"en","title":"Half-Price Tesla Stock Is Still No Bargain","url":"https://stock-news.laohu8.com/highlight/detail?id=1184694706","media":"The Wall Street Journal","summary":"Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison g","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/dc8968228b4ab59af5ba4350d1c39662\" tg-width=\"860\" tg-height=\"556\" referrerpolicy=\"no-referrer\"/>Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison goes.</p><p>Tesla shares have roughly halved this year, worse than most of the EV maker’s big peers in both the auto and tech industries. Much of the underperformance has come in the past three months, amid two broad concerns. One is that demand for its products is no longer racing ahead of increasing supply,particularly in China. The other relates to risks surrounding Chief Executive Elon Musk’s purchase of Twitter, which came together in October.</p><p>The past week has been particularly bad for demand worries. Following earlier news that the company has been cutting prices and offering sales incentives in China, Bloomberg and Reuters reported that it was planning to trim production at its Shanghai factory. Tesla denied the reports, but Bloomberg followed up with details of shorter production shifts.</p><p>Lower output isn’t completely surprising given that EV sales in China have been on a hot streak ahead of the expiration of some government subsidies, potentially leading to a hangover next year. Still, the news plays into fears that Tesla’s prospects in the world’s largest car market aren’t quite as spectacular as hoped.</p><p>Meanwhile, Mr. Musk’s chaotic turnaround of Twitter can be seen variously as a management distraction, a financial liability that needs to be funded by sales of Tesla shares or loans to Mr. Musk backed by those shares, apolitical hot potatothat doesn’t sit well with a global mass-market car brand, and generally a high-risk, high-profile enterprise that could take the shine off Mr. Musk’s reputation and by extension Tesla’s brand.</p><p>These risks are hard to relate directly to profit, but so is Tesla’s valuation: The stock hasalways been hard to explainin terms of so-called fundamentals. This year’s selloff has made it easier, though.</p><p>Tesla shares now trade at about 32 times next year’sFactSetconsensus earnings—higher than most stocks but close to the lowest number in their history. Also, earnings per share are expected to grow rapidly, by 41% next year. Compare the earnings multiple with the earnings growth and you get a so-called price-earnings-growth or PEG ratio below one, often a signal that a stock is undervalued. This may be the first time Tesla shares have ever screened as cheap according to a conventional valuation metric.</p><p><img src=\"https://static.tigerbbs.com/ac4dc71f1a460e6f9f10abd665d5e04e\" tg-width=\"738\" tg-height=\"510\" width=\"100%\" height=\"auto\"/></p><p>The catch is that earnings growth needs to remain very rapid for the metric to hold much meaning. The big valuation question for Tesla investors is therefore how easily it can carry on ramping up output while maintaining the current high level of profitability. The only reasonable answer is: not at all easily. Crucially for bulls, though, the dream scenario is just about imaginable if you look at the company from the mobile-phone industry’s perspective.</p><p>IfEVs are like smartphones, Tesla can be seen as the nextApple. In the years after the iPhone’s invention, investors gave the product’s inventor a low valuation because they assumed its profit would fall in line with those of other device makers. As it turned out, the iPhone could be parlayed into an entire ecosystem, including subscriptions and other high-margin software, that has kept Apple’s profit for the most part growing.</p><p>Tesla teases the parallel with its guidance that, “over time,” profit from selling cars will be accompanied with “an acceleration of software-related profit.” The big hope here is driver-assistance software, with the company already charging $15,000 for its most advanced package.</p><p>The Apple comparison, which Mr. Musk made directly in Tesla’sthird-quarter earnings call, has enough substance to keep plenty of Tesla fans onside. But it ignores important differences. Perhaps the most fundamental one is that choosing a car brand has long been a form of personal expression, leading to a variety of brands and vehicle types. Will that change as cars go digital, with individual app and software preferences replacing differences in brand and styling? Maybe, but it is a bet against a century of automotive history.</p><p>More likely, Tesla’s ambition to increase vehicle deliveries consistently by 50% a year will dilute its margins. Today, these are high because it makes few models on a large scale and sells them for premium prices, helped by the shortage of vehicles in general and EVs in particular. Neither shortage will last forever, and Tesla’s own growth will undercut the combination of exclusivity and operational simplicity that support its current financial performance.</p><p>As for software, Tesla continues to struggle with its project to automate driving in a way more than a few of its biggest fans might be prepared to pay meaningful sums for. It isn’t alone: The entire industry hasn’t madeas much progress toward commercializing self-driving technology as it once hoped. Even if a breakthrough emerges, there islittle reason to think Tesla would make it. It doesn’t appear to have a lead over Intel’sMobileye, which supplies competitors. Recent hints that Tesla might return to using radar, a tool it previously rejected, underline the point.</p><p>Even at half-price, investors need to make some very bold assumptions to see value in Tesla’s stock.</p><p></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Half-Price Tesla Stock Is Still No Bargain</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\">\nHalf-Price Tesla Stock Is Still No Bargain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 21:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison ...</p>\n\n<a href=\"https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184694706","content_text":"Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison goes.Tesla shares have roughly halved this year, worse than most of the EV maker’s big peers in both the auto and tech industries. Much of the underperformance has come in the past three months, amid two broad concerns. One is that demand for its products is no longer racing ahead of increasing supply,particularly in China. The other relates to risks surrounding Chief Executive Elon Musk’s purchase of Twitter, which came together in October.The past week has been particularly bad for demand worries. Following earlier news that the company has been cutting prices and offering sales incentives in China, Bloomberg and Reuters reported that it was planning to trim production at its Shanghai factory. Tesla denied the reports, but Bloomberg followed up with details of shorter production shifts.Lower output isn’t completely surprising given that EV sales in China have been on a hot streak ahead of the expiration of some government subsidies, potentially leading to a hangover next year. Still, the news plays into fears that Tesla’s prospects in the world’s largest car market aren’t quite as spectacular as hoped.Meanwhile, Mr. Musk’s chaotic turnaround of Twitter can be seen variously as a management distraction, a financial liability that needs to be funded by sales of Tesla shares or loans to Mr. Musk backed by those shares, apolitical hot potatothat doesn’t sit well with a global mass-market car brand, and generally a high-risk, high-profile enterprise that could take the shine off Mr. Musk’s reputation and by extension Tesla’s brand.These risks are hard to relate directly to profit, but so is Tesla’s valuation: The stock hasalways been hard to explainin terms of so-called fundamentals. This year’s selloff has made it easier, though.Tesla shares now trade at about 32 times next year’sFactSetconsensus earnings—higher than most stocks but close to the lowest number in their history. Also, earnings per share are expected to grow rapidly, by 41% next year. Compare the earnings multiple with the earnings growth and you get a so-called price-earnings-growth or PEG ratio below one, often a signal that a stock is undervalued. This may be the first time Tesla shares have ever screened as cheap according to a conventional valuation metric.The catch is that earnings growth needs to remain very rapid for the metric to hold much meaning. The big valuation question for Tesla investors is therefore how easily it can carry on ramping up output while maintaining the current high level of profitability. The only reasonable answer is: not at all easily. Crucially for bulls, though, the dream scenario is just about imaginable if you look at the company from the mobile-phone industry’s perspective.IfEVs are like smartphones, Tesla can be seen as the nextApple. In the years after the iPhone’s invention, investors gave the product’s inventor a low valuation because they assumed its profit would fall in line with those of other device makers. As it turned out, the iPhone could be parlayed into an entire ecosystem, including subscriptions and other high-margin software, that has kept Apple’s profit for the most part growing.Tesla teases the parallel with its guidance that, “over time,” profit from selling cars will be accompanied with “an acceleration of software-related profit.” The big hope here is driver-assistance software, with the company already charging $15,000 for its most advanced package.The Apple comparison, which Mr. Musk made directly in Tesla’sthird-quarter earnings call, has enough substance to keep plenty of Tesla fans onside. But it ignores important differences. Perhaps the most fundamental one is that choosing a car brand has long been a form of personal expression, leading to a variety of brands and vehicle types. Will that change as cars go digital, with individual app and software preferences replacing differences in brand and styling? Maybe, but it is a bet against a century of automotive history.More likely, Tesla’s ambition to increase vehicle deliveries consistently by 50% a year will dilute its margins. Today, these are high because it makes few models on a large scale and sells them for premium prices, helped by the shortage of vehicles in general and EVs in particular. Neither shortage will last forever, and Tesla’s own growth will undercut the combination of exclusivity and operational simplicity that support its current financial performance.As for software, Tesla continues to struggle with its project to automate driving in a way more than a few of its biggest fans might be prepared to pay meaningful sums for. It isn’t alone: The entire industry hasn’t madeas much progress toward commercializing self-driving technology as it once hoped. Even if a breakthrough emerges, there islittle reason to think Tesla would make it. It doesn’t appear to have a lead over Intel’sMobileye, which supplies competitors. Recent hints that Tesla might return to using radar, a tool it previously rejected, underline the point.Even at half-price, investors need to make some very bold assumptions to see value in Tesla’s stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923627575,"gmtCreate":1670853506998,"gmtModify":1676538446261,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923627575","repostId":"2290789859","repostType":4,"repost":{"id":"2290789859","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":1670848301,"share":"https://www.laohu8.com/m/news/2290789859?lang=&edition=full","pubTime":"2022-12-12 20:31","market":"us","language":"en","title":"Thoma Bravo to Buy Coupa Software for $6.15 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2290789859","media":"Reuters","summary":"Private equity firm Thoma Bravo will buy Coupa Software Inc    for $6.15 billion in cash, the busine","content":"<html><head></head><body><p>Private equity firm Thoma Bravo will buy <a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a>    for $6.15 billion in cash, the business software maker said on Monday.</p><p>Thoma Bravo will pay $81 per share for Coupa, representing a premium of 30.5% to the stock&#39;s closing level on Friday. The price tag was 77.2% higher than the closing price on Nov. 22, when investors&#39; interest in the company was first reported.</p><p>The all-cash deal, which has an enterprise value of $8 billion, is the latest in a series of tech acquisitions by Thoma Bravo, which has been snapping up public companies with lower valuations.</p><p>Over the last two years, the private equity firm has made a series of acquisitions in the cybersecurity space, including Ping Identity, Sophos, <a href=\"https://laohu8.com/S/PFPT\">Proofpoint</a> and Sailpoint Technologies.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Thoma Bravo to Buy Coupa Software for $6.15 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThoma Bravo to Buy Coupa Software for $6.15 Billion\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\">2022-12-12 20:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Private equity firm Thoma Bravo will buy <a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a>    for $6.15 billion in cash, the business software maker said on Monday.</p><p>Thoma Bravo will pay $81 per share for Coupa, representing a premium of 30.5% to the stock&#39;s closing level on Friday. The price tag was 77.2% higher than the closing price on Nov. 22, when investors&#39; interest in the company was first reported.</p><p>The all-cash deal, which has an enterprise value of $8 billion, is the latest in a series of tech acquisitions by Thoma Bravo, which has been snapping up public companies with lower valuations.</p><p>Over the last two years, the private equity firm has made a series of acquisitions in the cybersecurity space, including Ping Identity, Sophos, <a href=\"https://laohu8.com/S/PFPT\">Proofpoint</a> and Sailpoint Technologies.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4023":"应用软件","COUP":"Coupa Software Inc","BK4528":"SaaS概念"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290789859","content_text":"Private equity firm Thoma Bravo will buy Coupa Software Inc    for $6.15 billion in cash, the business software maker said on Monday.Thoma Bravo will pay $81 per share for Coupa, representing a premium of 30.5% to the stock's closing level on Friday. The price tag was 77.2% higher than the closing price on Nov. 22, when investors' interest in the company was first reported.The all-cash deal, which has an enterprise value of $8 billion, is the latest in a series of tech acquisitions by Thoma Bravo, which has been snapping up public companies with lower valuations.Over the last two years, the private equity firm has made a series of acquisitions in the cybersecurity space, including Ping Identity, Sophos, Proofpoint and Sailpoint Technologies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923627646,"gmtCreate":1670853495585,"gmtModify":1676538446253,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923627646","repostId":"1184694706","repostType":4,"repost":{"id":"1184694706","pubTimestamp":1670852410,"share":"https://www.laohu8.com/m/news/1184694706?lang=&edition=full","pubTime":"2022-12-12 21:40","market":"us","language":"en","title":"Half-Price Tesla Stock Is Still No Bargain","url":"https://stock-news.laohu8.com/highlight/detail?id=1184694706","media":"The Wall Street Journal","summary":"Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison g","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/dc8968228b4ab59af5ba4350d1c39662\" tg-width=\"860\" tg-height=\"556\" referrerpolicy=\"no-referrer\"/>Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison goes.</p><p>Tesla shares have roughly halved this year, worse than most of the EV maker’s big peers in both the auto and tech industries. Much of the underperformance has come in the past three months, amid two broad concerns. One is that demand for its products is no longer racing ahead of increasing supply,particularly in China. The other relates to risks surrounding Chief Executive Elon Musk’s purchase of Twitter, which came together in October.</p><p>The past week has been particularly bad for demand worries. Following earlier news that the company has been cutting prices and offering sales incentives in China, Bloomberg and Reuters reported that it was planning to trim production at its Shanghai factory. Tesla denied the reports, but Bloomberg followed up with details of shorter production shifts.</p><p>Lower output isn’t completely surprising given that EV sales in China have been on a hot streak ahead of the expiration of some government subsidies, potentially leading to a hangover next year. Still, the news plays into fears that Tesla’s prospects in the world’s largest car market aren’t quite as spectacular as hoped.</p><p>Meanwhile, Mr. Musk’s chaotic turnaround of Twitter can be seen variously as a management distraction, a financial liability that needs to be funded by sales of Tesla shares or loans to Mr. Musk backed by those shares, apolitical hot potatothat doesn’t sit well with a global mass-market car brand, and generally a high-risk, high-profile enterprise that could take the shine off Mr. Musk’s reputation and by extension Tesla’s brand.</p><p>These risks are hard to relate directly to profit, but so is Tesla’s valuation: The stock hasalways been hard to explainin terms of so-called fundamentals. This year’s selloff has made it easier, though.</p><p>Tesla shares now trade at about 32 times next year’sFactSetconsensus earnings—higher than most stocks but close to the lowest number in their history. Also, earnings per share are expected to grow rapidly, by 41% next year. Compare the earnings multiple with the earnings growth and you get a so-called price-earnings-growth or PEG ratio below one, often a signal that a stock is undervalued. This may be the first time Tesla shares have ever screened as cheap according to a conventional valuation metric.</p><p><img src=\"https://static.tigerbbs.com/ac4dc71f1a460e6f9f10abd665d5e04e\" tg-width=\"738\" tg-height=\"510\" width=\"100%\" height=\"auto\"/></p><p>The catch is that earnings growth needs to remain very rapid for the metric to hold much meaning. The big valuation question for Tesla investors is therefore how easily it can carry on ramping up output while maintaining the current high level of profitability. The only reasonable answer is: not at all easily. Crucially for bulls, though, the dream scenario is just about imaginable if you look at the company from the mobile-phone industry’s perspective.</p><p>IfEVs are like smartphones, Tesla can be seen as the nextApple. In the years after the iPhone’s invention, investors gave the product’s inventor a low valuation because they assumed its profit would fall in line with those of other device makers. As it turned out, the iPhone could be parlayed into an entire ecosystem, including subscriptions and other high-margin software, that has kept Apple’s profit for the most part growing.</p><p>Tesla teases the parallel with its guidance that, “over time,” profit from selling cars will be accompanied with “an acceleration of software-related profit.” The big hope here is driver-assistance software, with the company already charging $15,000 for its most advanced package.</p><p>The Apple comparison, which Mr. Musk made directly in Tesla’sthird-quarter earnings call, has enough substance to keep plenty of Tesla fans onside. But it ignores important differences. Perhaps the most fundamental one is that choosing a car brand has long been a form of personal expression, leading to a variety of brands and vehicle types. Will that change as cars go digital, with individual app and software preferences replacing differences in brand and styling? Maybe, but it is a bet against a century of automotive history.</p><p>More likely, Tesla’s ambition to increase vehicle deliveries consistently by 50% a year will dilute its margins. Today, these are high because it makes few models on a large scale and sells them for premium prices, helped by the shortage of vehicles in general and EVs in particular. Neither shortage will last forever, and Tesla’s own growth will undercut the combination of exclusivity and operational simplicity that support its current financial performance.</p><p>As for software, Tesla continues to struggle with its project to automate driving in a way more than a few of its biggest fans might be prepared to pay meaningful sums for. It isn’t alone: The entire industry hasn’t madeas much progress toward commercializing self-driving technology as it once hoped. Even if a breakthrough emerges, there islittle reason to think Tesla would make it. It doesn’t appear to have a lead over Intel’sMobileye, which supplies competitors. Recent hints that Tesla might return to using radar, a tool it previously rejected, underline the point.</p><p>Even at half-price, investors need to make some very bold assumptions to see value in Tesla’s stock.</p><p></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Half-Price Tesla Stock Is Still No Bargain</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\">\nHalf-Price Tesla Stock Is Still No Bargain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 21:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison ...</p>\n\n<a href=\"https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184694706","content_text":"Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison goes.Tesla shares have roughly halved this year, worse than most of the EV maker’s big peers in both the auto and tech industries. Much of the underperformance has come in the past three months, amid two broad concerns. One is that demand for its products is no longer racing ahead of increasing supply,particularly in China. The other relates to risks surrounding Chief Executive Elon Musk’s purchase of Twitter, which came together in October.The past week has been particularly bad for demand worries. Following earlier news that the company has been cutting prices and offering sales incentives in China, Bloomberg and Reuters reported that it was planning to trim production at its Shanghai factory. Tesla denied the reports, but Bloomberg followed up with details of shorter production shifts.Lower output isn’t completely surprising given that EV sales in China have been on a hot streak ahead of the expiration of some government subsidies, potentially leading to a hangover next year. Still, the news plays into fears that Tesla’s prospects in the world’s largest car market aren’t quite as spectacular as hoped.Meanwhile, Mr. Musk’s chaotic turnaround of Twitter can be seen variously as a management distraction, a financial liability that needs to be funded by sales of Tesla shares or loans to Mr. Musk backed by those shares, apolitical hot potatothat doesn’t sit well with a global mass-market car brand, and generally a high-risk, high-profile enterprise that could take the shine off Mr. Musk’s reputation and by extension Tesla’s brand.These risks are hard to relate directly to profit, but so is Tesla’s valuation: The stock hasalways been hard to explainin terms of so-called fundamentals. This year’s selloff has made it easier, though.Tesla shares now trade at about 32 times next year’sFactSetconsensus earnings—higher than most stocks but close to the lowest number in their history. Also, earnings per share are expected to grow rapidly, by 41% next year. Compare the earnings multiple with the earnings growth and you get a so-called price-earnings-growth or PEG ratio below one, often a signal that a stock is undervalued. This may be the first time Tesla shares have ever screened as cheap according to a conventional valuation metric.The catch is that earnings growth needs to remain very rapid for the metric to hold much meaning. The big valuation question for Tesla investors is therefore how easily it can carry on ramping up output while maintaining the current high level of profitability. The only reasonable answer is: not at all easily. Crucially for bulls, though, the dream scenario is just about imaginable if you look at the company from the mobile-phone industry’s perspective.IfEVs are like smartphones, Tesla can be seen as the nextApple. In the years after the iPhone’s invention, investors gave the product’s inventor a low valuation because they assumed its profit would fall in line with those of other device makers. As it turned out, the iPhone could be parlayed into an entire ecosystem, including subscriptions and other high-margin software, that has kept Apple’s profit for the most part growing.Tesla teases the parallel with its guidance that, “over time,” profit from selling cars will be accompanied with “an acceleration of software-related profit.” The big hope here is driver-assistance software, with the company already charging $15,000 for its most advanced package.The Apple comparison, which Mr. Musk made directly in Tesla’sthird-quarter earnings call, has enough substance to keep plenty of Tesla fans onside. But it ignores important differences. Perhaps the most fundamental one is that choosing a car brand has long been a form of personal expression, leading to a variety of brands and vehicle types. Will that change as cars go digital, with individual app and software preferences replacing differences in brand and styling? Maybe, but it is a bet against a century of automotive history.More likely, Tesla’s ambition to increase vehicle deliveries consistently by 50% a year will dilute its margins. Today, these are high because it makes few models on a large scale and sells them for premium prices, helped by the shortage of vehicles in general and EVs in particular. Neither shortage will last forever, and Tesla’s own growth will undercut the combination of exclusivity and operational simplicity that support its current financial performance.As for software, Tesla continues to struggle with its project to automate driving in a way more than a few of its biggest fans might be prepared to pay meaningful sums for. It isn’t alone: The entire industry hasn’t madeas much progress toward commercializing self-driving technology as it once hoped. Even if a breakthrough emerges, there islittle reason to think Tesla would make it. It doesn’t appear to have a lead over Intel’sMobileye, which supplies competitors. Recent hints that Tesla might return to using radar, a tool it previously rejected, underline the point.Even at half-price, investors need to make some very bold assumptions to see value in Tesla’s stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965426946,"gmtCreate":1670002381486,"gmtModify":1676538287185,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9965426946","repostId":"2288957832","repostType":4,"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965426091,"gmtCreate":1670002376013,"gmtModify":1676538287178,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9965426091","repostId":"1188313465","repostType":4,"repost":{"id":"1188313465","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1669994807,"share":"https://www.laohu8.com/m/news/1188313465?lang=&edition=full","pubTime":"2022-12-02 23:26","market":"us","language":"en","title":"Payrolls Increased 263,000 in November, Much Better Than Expected ","url":"https://stock-news.laohu8.com/highlight/detail?id=1188313465","media":"Tiger Newspress","summary":"Job growth was much better than expected in November despite the Federal Reserve’s aggressive effort","content":"<html><head></head><body><p>Job growth was much better than expected in November despite the Federal Reserve’s aggressive efforts to slow the labor market and tackle inflation.</p><p>Nonfarm payrolls increased 263,000 for the month while the unemployment rate was 3.7%, the Labor Department reported Friday. Economists surveyed by Dow Jones had been looking for an increase of 200,000 on the payrolls number and 3.7% for the jobless rate.</p><p><img src=\"https://static.tigerbbs.com/2a60382bd5ea540fed594e95d940cf4a\" tg-width=\"1500\" tg-height=\"1408\" referrerpolicy=\"no-referrer\"/></p><p>The monthly gain was a slight decrease from October’s upwardly revised 284,000.</p><p>The numbers likely will do little to slow a Fed that has been raising interest rates steadily this year to bring down inflation still running near its highest level in more than 40 years.</p><p>In another blow to the Fed’s anti-inflation efforts, average hourly earnings jumped 0.6% for the month, double the Dow Jones estimate. Wages were up 5.1% on a year-over-year basis, also well above the 4.6% expectation.</p><p>Futures tied to the Dow Jones Industrial Average plunged following the report, falling more than 400 points as the hot jobs report could make the Fed even more aggressive.</p><p>Leisure and hospitality led the job gains, adding 88,000 positions.</p><p>Other sector gainers included health care (45,000), government (42,000) and other services, a category that includes personal and laundry services and which showed a total gain of 24,000. Social assistance saw a rise of 23,000, which the Labor Department said brings the sector back to where it was in February 2020 before the Covid pandemic.</p><p>Construction added 20,000 positions, while information was up 19,000 and manufacturing saw a gain of 14,000.</p><p>On the downside, retail establishments reported a loss of 30,000 positions heading into what is expected to be a busy holiday shopping season. Transportation and warehousing also saw a decline, down 15,000.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Payrolls Increased 263,000 in November, Much Better Than Expected </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\">\nPayrolls Increased 263,000 in November, Much Better Than Expected \n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-12-02 23:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Job growth was much better than expected in November despite the Federal Reserve’s aggressive efforts to slow the labor market and tackle inflation.</p><p>Nonfarm payrolls increased 263,000 for the month while the unemployment rate was 3.7%, the Labor Department reported Friday. Economists surveyed by Dow Jones had been looking for an increase of 200,000 on the payrolls number and 3.7% for the jobless rate.</p><p><img src=\"https://static.tigerbbs.com/2a60382bd5ea540fed594e95d940cf4a\" tg-width=\"1500\" tg-height=\"1408\" referrerpolicy=\"no-referrer\"/></p><p>The monthly gain was a slight decrease from October’s upwardly revised 284,000.</p><p>The numbers likely will do little to slow a Fed that has been raising interest rates steadily this year to bring down inflation still running near its highest level in more than 40 years.</p><p>In another blow to the Fed’s anti-inflation efforts, average hourly earnings jumped 0.6% for the month, double the Dow Jones estimate. Wages were up 5.1% on a year-over-year basis, also well above the 4.6% expectation.</p><p>Futures tied to the Dow Jones Industrial Average plunged following the report, falling more than 400 points as the hot jobs report could make the Fed even more aggressive.</p><p>Leisure and hospitality led the job gains, adding 88,000 positions.</p><p>Other sector gainers included health care (45,000), government (42,000) and other services, a category that includes personal and laundry services and which showed a total gain of 24,000. Social assistance saw a rise of 23,000, which the Labor Department said brings the sector back to where it was in February 2020 before the Covid pandemic.</p><p>Construction added 20,000 positions, while information was up 19,000 and manufacturing saw a gain of 14,000.</p><p>On the downside, retail establishments reported a loss of 30,000 positions heading into what is expected to be a busy holiday shopping season. Transportation and warehousing also saw a decline, down 15,000.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188313465","content_text":"Job growth was much better than expected in November despite the Federal Reserve’s aggressive efforts to slow the labor market and tackle inflation.Nonfarm payrolls increased 263,000 for the month while the unemployment rate was 3.7%, the Labor Department reported Friday. Economists surveyed by Dow Jones had been looking for an increase of 200,000 on the payrolls number and 3.7% for the jobless rate.The monthly gain was a slight decrease from October’s upwardly revised 284,000.The numbers likely will do little to slow a Fed that has been raising interest rates steadily this year to bring down inflation still running near its highest level in more than 40 years.In another blow to the Fed’s anti-inflation efforts, average hourly earnings jumped 0.6% for the month, double the Dow Jones estimate. Wages were up 5.1% on a year-over-year basis, also well above the 4.6% expectation.Futures tied to the Dow Jones Industrial Average plunged following the report, falling more than 400 points as the hot jobs report could make the Fed even more aggressive.Leisure and hospitality led the job gains, adding 88,000 positions.Other sector gainers included health care (45,000), government (42,000) and other services, a category that includes personal and laundry services and which showed a total gain of 24,000. Social assistance saw a rise of 23,000, which the Labor Department said brings the sector back to where it was in February 2020 before the Covid pandemic.Construction added 20,000 positions, while information was up 19,000 and manufacturing saw a gain of 14,000.On the downside, retail establishments reported a loss of 30,000 positions heading into what is expected to be a busy holiday shopping season. Transportation and warehousing also saw a decline, down 15,000.","news_type":1},"isVote":1,"tweetType":1,"viewCount":381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962160853,"gmtCreate":1669735581172,"gmtModify":1676538232992,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9962160853","repostId":"1173876241","repostType":4,"repost":{"id":"1173876241","pubTimestamp":1669735462,"share":"https://www.laohu8.com/m/news/1173876241?lang=&edition=full","pubTime":"2022-11-29 23:24","market":"us","language":"en","title":"Alibaba: Candidate For The Record Book Of Mispriced Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1173876241","media":"Seeking Alpha","summary":"SummaryWhile top line growth is now close to zero, Alibaba could increase operating income, earnings","content":"<html><head></head><body><p>Summary</p><ul><li>While top line growth is now close to zero, Alibaba could increase operating income, earnings per share, and free cash flow at a high pace.</li><li>Despite different risks continuing to exist for Alibaba, the growth potential for the different business segments remains high.</li><li>Alibaba is focusing on share buybacks, which is a good move considering its deeply undervalued share price.</li></ul><p>I must be honest. So far, my investment in as well as my articles about Alibaba Group Holding Limited (NYSE:BABA) have been nothing but a catastrophe. Since my last article, the stock price declined 31% and since the article in January 2022, the stock declined 37%. I built my position in Alibaba over time but so far, I didn’t make any money. I also must admit that I did not expect Alibaba to decline so steeply. At least when getting close to $100, I assumed we hit the bottom and could not imagine Alibaba declining lower.</p><p>However, my long-term investment thesis did not change. I am still long-term bullish about Alibaba and in my opinion the market is completely mispricing the stock and just focusing on the risks while completely ignoring the cash generating business and existing growth potential.</p><h3>Quarterly Results</h3><p>About two weeks ago, Alibaba reported second quarter results for fiscal 2022. And while it missed on revenue expectations by $490 million, it could beat earnings per ADS by $0.17. When looking at the quarterly results, I will report the numbers in Renminbi.</p><p>Although growth slowed down, Alibaba could still increase revenue from RMB 200,690 million in the same quarter last year to RMB 207,176 million this quarter resulting in 3.2% year-over-year growth. Adjusted EBITDA increased from RMB 34,840 million in Q2/21 to RMB 43,311 million in Q2/22 – resulting in 24.3% year-over-year growth. And finally, diluted earnings per share almost quadrupled from RMB 0.25 in the same quarter last year to RMB 0.97 this quarter. When looking at non-GAAP diluted earnings per share, we saw an increase of 15% YoY from RMB 1.40 in the same quarter last year to RMB 1.61 this quarter. And finally, free cash flow increased from RMB 22,239 million in Q2/21 to RMB 35,709 million in Q2/22 – resulting in 60.6% year-over-year growth.</p><p><img src=\"https://static.tigerbbs.com/78baaf1cc15acbf0419b0de8a14fb12b\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\"/>When looking at the different segments, the biggest part of revenue is still stemming from China commerce, which generated RMB 135,431 million in revenue (a decline of 1% year-over-year). This segment is responsible for the biggest part of adjusted EBITDA (RMB 43,980 million). International Commerce could generate RMB 15,747 million in revenue, resulting in 4% YoY growth and Local Consumer Services generated revenue of RMB 13,073 million resulting in 21% YoY growth. However, both segments are still not profitable and generated negative EBITDA. Cloud could generate RMB 20,757 million in revenue (increasing 4% year-over-year growth) and adjusted EBITDA was RMB 434 million. Cainiao could generate revenue of RMB 13,367 million resulting in 36% year-over-year growth and after reporting a loss of in the same quarter last year the segment reported an adjusted EBITDA of RMB 125 million. And finally, Digital media and entertainment could generate RMB 8,392 million in revenue (resulting in 4% YoY growth). However, the segment was also not profitable.</p><p><img src=\"https://static.tigerbbs.com/2e016228f4be40a684f90dd4cc0d784a\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/>Additionally, growth from its 11.11 Global Shopping Event slowed down as well and Alibaba could only report results in line with last year’s gross merchandise volume performance. During the last earnings call, Alibaba also commented on the last Singles Day:</p><p>During our recent 11.11 Global Shopping Festival, Taobao and Tmall&#39;s total GMV was in line with the performance last year during the same period. Initial fruits of the operation strategies outlined just now were seen during November 11. More than 600 million users engaged with our November 11 related contents, a single-digit growth year-on-year. Although, the total number of buyers declined compared to the same period last year, the average GMV per person increased.</p><p>Management also mentioned three factors which had a negative impact on the results. First, the warmer than usual temperature in China probably led to fewer people shopping online. Second, about 15% of delivery areas across China experienced abnormal or suspended logistic services, which had a negative effect. And finally, other merchants were also pushing hard on 11.11 and probably took away some market share from Alibaba.</p><h3>Headwinds</h3><p>While Alibaba is talking about a solid quarter, they are also acknowledging the difficulties for Alibaba during the last earnings call:</p><p>We delivered a solid quarter in a macro environment full of uncertainty. The ongoing resurgence of COVID-19, geopolitical tension, inflation, and currency depreciation, the convergence of all these forces that created considerable difficulties for business operations.</p><p>And one of the major problems in China is still COVID-19. Right now, numbers are increasing dramatically again – and we must assume this will have a negative impact on Alibaba in the current quarter as it creates huge challenges for logistics.</p><h3><img src=\"https://static.tigerbbs.com/e5809b3db2fbbe959366e7e5747713f2\" tg-width=\"640\" tg-height=\"451\" referrerpolicy=\"no-referrer\"/>Long-Term Growth</h3><p>Growth for Alibaba is clearly slowing down right now - as it does for almost every technology company around the world. As we must assume the low growth rates (or even declining numbers) will last for several quarters (maybe even a few years) this is a temporary headwind due to the economy slowing down and the looming recession. Nevertheless, I remain confident that the long-term outlook should be bullish, and Alibaba’s management is also optimistic about the growth potential of the different business sectors.</p><p><img src=\"https://static.tigerbbs.com/8dbac2dcf4e4f48e3d631c3a9120bab3\" tg-width=\"640\" tg-height=\"297\" referrerpolicy=\"no-referrer\"/>The highest growth rates might be achieved by the cloud business, where Alibaba is clear market leader in China. In 2021, Alibaba had a market share of 37% ahead of competitors Huawei – which has a market share of 18% - and Tencent (OTCPK:TCEHY) – which has a market share of 17%. And while I don’t think Alibaba will be able to gain market shares (as other, strong competitors are moving in the space), the public cloud market is expected to triple in the coming years – and Alibaba can achieve high growth rates by just keeping its market share stable. In a study about the Chinese cloud market, McKinsey writes:</p><p>To date, China’s cloud adoption has been led largely by consumer-facing companies, which need elastic, on-demand access to unlimited computing power to help them respond to huge fluctuations in customer demand. During China’s Singles’ Day shopping festival, for instance, e-commerce traffic, transactions, and gross merchandise volumes can reach up to 30 times normal daily levels. (…) Consumer-driven growth will remain an important driver of cloud adoption, but we believe the next wave of migration could be spearheaded by China’s critical industrial and manufacturing sectors.</p><p>But not only the cloud business of Alibaba can grow at a high pace. Its China commerce business, which is generating most of Alibaba’s revenue and responsible for its profitability, also has growth potential going forward – despite the declining Chinese population. While the population is declining, the share of Chinese population living in poverty is also declining. And I am already using the definitions of poverty adopted in upper-middle-income countries. In 2019, about 25% of population still lived in poverty in China (in urban areas only 16%). And with that percentage continuing to go down, the number of potential shoppers for Alibaba will increase.</p><p><img src=\"https://static.tigerbbs.com/baff5be28b9b9bfc4dfdd1e92c109996\" tg-width=\"640\" tg-height=\"451\" referrerpolicy=\"no-referrer\"/>In my last article about JD.com, Inc., I already mentioned that Chinese consumers are expected to shop more online in the years to come. According to an Accenture study about Chinese consumer insights, most people will either keep their personal frequency of online shopping unchanged (49%) or increase the frequency of online shopping (44%).</p><p><img src=\"https://static.tigerbbs.com/92ae88cd63f9723d8ed8ec370eebccf7\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/>And the same study is also showing that the per capita disposable income of urban residents is continuously increasing during the last decade. And even when per capita consumption expenditures declined slightly in 2020 (due to COVID-19), this number is also increasing with a steady pace.</p><p><img src=\"https://static.tigerbbs.com/2f02c27b7c2c4f411e620779d9dfe359\" tg-width=\"640\" tg-height=\"507\" referrerpolicy=\"no-referrer\"/>International Commerce is also expected to grow with a high pace. Alibaba is focusing on the South Asia e-commerce market, which is expected to grow with a high pace. The market size will increase with a CAGR of 27% between 2020 and 2025 to $260 billion (according to Alibaba’s Investor Day 2021 presentation). And Lazada is not only well-positioned, but it also continued to improve monetization rate and was also enhancing operating efficiency. Additionally, during the last quarter, loss per order for Lazada narrowed by 25% compared to the same quarter last year. And the International commerce segment is close to being profitable.</p><p>And finally, we should not forget the economic moat Alibaba has built around its business. During the last earnings call, management made the following statement:</p><p>After many years of operation, Taobao, Tmall is now deeply entrenched in our users&#39; mind as the shopping destination. We are focused on user engagement on our platform by enhancing the customer journey across search, algorithm-driven discovery recommendations, live streaming and other engagement features (…)</p><p>Number two, we further consolidate the scale and the stickiness of our most valuable consumer group. For the 12 months ended December 30, 2022, the number of consumers who each spent over RMB 10,000 on top on Taobao and Tmall remain around 124 million with a retention rate of 98%. 88VIP membership population held steady at 25 million this quarter, with solid membership retention and growth in GMV contribution.</p><p>Number three, we improved consumer satisfaction by continually investing in customer service during and after services and the logistics service experiences, such as doorstep delivery of orders as required.</p><p>Alibaba clearly has a wide economic moat based on cost advantages – the company is one of the major e-commerce players in China and the cost advantages are hard to match by smaller competitors. Aside from cost advantages, Alibaba is also profiting from its brand name(s) and for its cloud business switching costs come into play. After choosing a cloud service it usually costs time and money (which businesses are not willing to spend) to move to a competitor – and this is creating a stickiness in favor of Alibaba.</p><h3>Share Repurchases</h3><p>In the last few quarters, Alibaba increased its share repurchase program, which was certainly a good move by Alibaba considering the steeply declining share price. Since June 2021 (15 months ago), the number of outstanding shares was decreased from 2,755 million to 2,646 million right now – resulting in a decline of 4%.</p><p><img src=\"https://static.tigerbbs.com/0af5c02ed6507d0f66fc07aaed807035\" tg-width=\"635\" tg-height=\"435\" referrerpolicy=\"no-referrer\"/>And it is good that Alibaba is buying back shares and the remaining $7 billion share repurchase program was extended by another $15 billion. But in my opinion, they should be more aggressive and use the cash reserves for share buybacks – at least in parts. On September 30, 2022, the company had RMB 206.7 billion in cash and cash equivalents as well as RMB 270.2 billion in short-term investments. At current share prices, the company could repurchase 32% of its outstanding shares and Alibaba should certainly not use all its liquid resources for share buybacks. But using cash to repurchase about 10% of outstanding shares would be a smart move in my opinion. Additionally, Alibaba is generating enough free cash flow annually to repurchase more than 10% of the outstanding shares (of course this will change with a higher share price).</p><h3>Intrinsic Value Calculation</h3><p>In every single one of my articles, I basically argued that Alibaba is undervalued. And I will stick to my guns – the company is undervalued and remains undervalued. Even when calculating with extremely cautious assumptions, Alibaba is clearly trading below its intrinsic value.</p><p>In the last two quarters, Alibaba generated a free cash flow of $8,137 million and in the last annual results the company reported a free cash flow of $15,597 million. As basis for our calculation, we therefore assume a free cash flow of $16 billion. And for the years to come, we assume 6% growth till perpetuity which leads to an intrinsic value of $151.23 for Alibaba.</p><p>And – like I said above – theses assumptions are extremely cautious. Not only did Alibaba report already much higher free cash flow numbers in the past (as high as $26 billion), it also reported much higher growth rates in the past. And for the years to come there are several growth drivers: First, Alibaba will be able to grow its top line again (see section above). Second, despite constantly declining margins in the past, the business will at some point be able to reduce the current high spendings on expansions and be more profitable again. And finally, Alibaba can use share buybacks (especially right now) and spend its cash on the balance sheet as well as the generated free cash flow to repurchase shares. This by itself is enough to lead to 6% growth right now.</p><p><img src=\"https://static.tigerbbs.com/66d4ee3047c7afdae4d9e6591ea506f8\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>And finally, we should not forget, that Alibaba is trading for a P/FCF ratio of 8.7 right now – although free cash flow declined almost 50% compared to previous levels. These are absurd valuation levels for a business as Alibaba – despite risks surrounding the business.</p><h3>Conclusion</h3><p>I know I have been wrong about Alibaba in the last few quarters. But first of all, the horrible stock performance of the last few quarters does not mean my thesis – which is based on the fundamentals of the business – is wrong. And second, investing is a marathon and not a sprint. I remain extremely bullish about Alibaba.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Candidate For The Record Book Of Mispriced Stocks</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\">\nAlibaba: Candidate For The Record Book Of Mispriced Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 23:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4561046-alibaba-candidate-for-the-record-book-of-mispriced-stocks><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWhile top line growth is now close to zero, Alibaba could increase operating income, earnings per share, and free cash flow at a high pace.Despite different risks continuing to exist for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4561046-alibaba-candidate-for-the-record-book-of-mispriced-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"source_url":"https://seekingalpha.com/article/4561046-alibaba-candidate-for-the-record-book-of-mispriced-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1173876241","content_text":"SummaryWhile top line growth is now close to zero, Alibaba could increase operating income, earnings per share, and free cash flow at a high pace.Despite different risks continuing to exist for Alibaba, the growth potential for the different business segments remains high.Alibaba is focusing on share buybacks, which is a good move considering its deeply undervalued share price.I must be honest. So far, my investment in as well as my articles about Alibaba Group Holding Limited (NYSE:BABA) have been nothing but a catastrophe. Since my last article, the stock price declined 31% and since the article in January 2022, the stock declined 37%. I built my position in Alibaba over time but so far, I didn’t make any money. I also must admit that I did not expect Alibaba to decline so steeply. At least when getting close to $100, I assumed we hit the bottom and could not imagine Alibaba declining lower.However, my long-term investment thesis did not change. I am still long-term bullish about Alibaba and in my opinion the market is completely mispricing the stock and just focusing on the risks while completely ignoring the cash generating business and existing growth potential.Quarterly ResultsAbout two weeks ago, Alibaba reported second quarter results for fiscal 2022. And while it missed on revenue expectations by $490 million, it could beat earnings per ADS by $0.17. When looking at the quarterly results, I will report the numbers in Renminbi.Although growth slowed down, Alibaba could still increase revenue from RMB 200,690 million in the same quarter last year to RMB 207,176 million this quarter resulting in 3.2% year-over-year growth. Adjusted EBITDA increased from RMB 34,840 million in Q2/21 to RMB 43,311 million in Q2/22 – resulting in 24.3% year-over-year growth. And finally, diluted earnings per share almost quadrupled from RMB 0.25 in the same quarter last year to RMB 0.97 this quarter. When looking at non-GAAP diluted earnings per share, we saw an increase of 15% YoY from RMB 1.40 in the same quarter last year to RMB 1.61 this quarter. And finally, free cash flow increased from RMB 22,239 million in Q2/21 to RMB 35,709 million in Q2/22 – resulting in 60.6% year-over-year growth.When looking at the different segments, the biggest part of revenue is still stemming from China commerce, which generated RMB 135,431 million in revenue (a decline of 1% year-over-year). This segment is responsible for the biggest part of adjusted EBITDA (RMB 43,980 million). International Commerce could generate RMB 15,747 million in revenue, resulting in 4% YoY growth and Local Consumer Services generated revenue of RMB 13,073 million resulting in 21% YoY growth. However, both segments are still not profitable and generated negative EBITDA. Cloud could generate RMB 20,757 million in revenue (increasing 4% year-over-year growth) and adjusted EBITDA was RMB 434 million. Cainiao could generate revenue of RMB 13,367 million resulting in 36% year-over-year growth and after reporting a loss of in the same quarter last year the segment reported an adjusted EBITDA of RMB 125 million. And finally, Digital media and entertainment could generate RMB 8,392 million in revenue (resulting in 4% YoY growth). However, the segment was also not profitable.Additionally, growth from its 11.11 Global Shopping Event slowed down as well and Alibaba could only report results in line with last year’s gross merchandise volume performance. During the last earnings call, Alibaba also commented on the last Singles Day:During our recent 11.11 Global Shopping Festival, Taobao and Tmall's total GMV was in line with the performance last year during the same period. Initial fruits of the operation strategies outlined just now were seen during November 11. More than 600 million users engaged with our November 11 related contents, a single-digit growth year-on-year. Although, the total number of buyers declined compared to the same period last year, the average GMV per person increased.Management also mentioned three factors which had a negative impact on the results. First, the warmer than usual temperature in China probably led to fewer people shopping online. Second, about 15% of delivery areas across China experienced abnormal or suspended logistic services, which had a negative effect. And finally, other merchants were also pushing hard on 11.11 and probably took away some market share from Alibaba.HeadwindsWhile Alibaba is talking about a solid quarter, they are also acknowledging the difficulties for Alibaba during the last earnings call:We delivered a solid quarter in a macro environment full of uncertainty. The ongoing resurgence of COVID-19, geopolitical tension, inflation, and currency depreciation, the convergence of all these forces that created considerable difficulties for business operations.And one of the major problems in China is still COVID-19. Right now, numbers are increasing dramatically again – and we must assume this will have a negative impact on Alibaba in the current quarter as it creates huge challenges for logistics.Long-Term GrowthGrowth for Alibaba is clearly slowing down right now - as it does for almost every technology company around the world. As we must assume the low growth rates (or even declining numbers) will last for several quarters (maybe even a few years) this is a temporary headwind due to the economy slowing down and the looming recession. Nevertheless, I remain confident that the long-term outlook should be bullish, and Alibaba’s management is also optimistic about the growth potential of the different business sectors.The highest growth rates might be achieved by the cloud business, where Alibaba is clear market leader in China. In 2021, Alibaba had a market share of 37% ahead of competitors Huawei – which has a market share of 18% - and Tencent (OTCPK:TCEHY) – which has a market share of 17%. And while I don’t think Alibaba will be able to gain market shares (as other, strong competitors are moving in the space), the public cloud market is expected to triple in the coming years – and Alibaba can achieve high growth rates by just keeping its market share stable. In a study about the Chinese cloud market, McKinsey writes:To date, China’s cloud adoption has been led largely by consumer-facing companies, which need elastic, on-demand access to unlimited computing power to help them respond to huge fluctuations in customer demand. During China’s Singles’ Day shopping festival, for instance, e-commerce traffic, transactions, and gross merchandise volumes can reach up to 30 times normal daily levels. (…) Consumer-driven growth will remain an important driver of cloud adoption, but we believe the next wave of migration could be spearheaded by China’s critical industrial and manufacturing sectors.But not only the cloud business of Alibaba can grow at a high pace. Its China commerce business, which is generating most of Alibaba’s revenue and responsible for its profitability, also has growth potential going forward – despite the declining Chinese population. While the population is declining, the share of Chinese population living in poverty is also declining. And I am already using the definitions of poverty adopted in upper-middle-income countries. In 2019, about 25% of population still lived in poverty in China (in urban areas only 16%). And with that percentage continuing to go down, the number of potential shoppers for Alibaba will increase.In my last article about JD.com, Inc., I already mentioned that Chinese consumers are expected to shop more online in the years to come. According to an Accenture study about Chinese consumer insights, most people will either keep their personal frequency of online shopping unchanged (49%) or increase the frequency of online shopping (44%).And the same study is also showing that the per capita disposable income of urban residents is continuously increasing during the last decade. And even when per capita consumption expenditures declined slightly in 2020 (due to COVID-19), this number is also increasing with a steady pace.International Commerce is also expected to grow with a high pace. Alibaba is focusing on the South Asia e-commerce market, which is expected to grow with a high pace. The market size will increase with a CAGR of 27% between 2020 and 2025 to $260 billion (according to Alibaba’s Investor Day 2021 presentation). And Lazada is not only well-positioned, but it also continued to improve monetization rate and was also enhancing operating efficiency. Additionally, during the last quarter, loss per order for Lazada narrowed by 25% compared to the same quarter last year. And the International commerce segment is close to being profitable.And finally, we should not forget the economic moat Alibaba has built around its business. During the last earnings call, management made the following statement:After many years of operation, Taobao, Tmall is now deeply entrenched in our users' mind as the shopping destination. We are focused on user engagement on our platform by enhancing the customer journey across search, algorithm-driven discovery recommendations, live streaming and other engagement features (…)Number two, we further consolidate the scale and the stickiness of our most valuable consumer group. For the 12 months ended December 30, 2022, the number of consumers who each spent over RMB 10,000 on top on Taobao and Tmall remain around 124 million with a retention rate of 98%. 88VIP membership population held steady at 25 million this quarter, with solid membership retention and growth in GMV contribution.Number three, we improved consumer satisfaction by continually investing in customer service during and after services and the logistics service experiences, such as doorstep delivery of orders as required.Alibaba clearly has a wide economic moat based on cost advantages – the company is one of the major e-commerce players in China and the cost advantages are hard to match by smaller competitors. Aside from cost advantages, Alibaba is also profiting from its brand name(s) and for its cloud business switching costs come into play. After choosing a cloud service it usually costs time and money (which businesses are not willing to spend) to move to a competitor – and this is creating a stickiness in favor of Alibaba.Share RepurchasesIn the last few quarters, Alibaba increased its share repurchase program, which was certainly a good move by Alibaba considering the steeply declining share price. Since June 2021 (15 months ago), the number of outstanding shares was decreased from 2,755 million to 2,646 million right now – resulting in a decline of 4%.And it is good that Alibaba is buying back shares and the remaining $7 billion share repurchase program was extended by another $15 billion. But in my opinion, they should be more aggressive and use the cash reserves for share buybacks – at least in parts. On September 30, 2022, the company had RMB 206.7 billion in cash and cash equivalents as well as RMB 270.2 billion in short-term investments. At current share prices, the company could repurchase 32% of its outstanding shares and Alibaba should certainly not use all its liquid resources for share buybacks. But using cash to repurchase about 10% of outstanding shares would be a smart move in my opinion. Additionally, Alibaba is generating enough free cash flow annually to repurchase more than 10% of the outstanding shares (of course this will change with a higher share price).Intrinsic Value CalculationIn every single one of my articles, I basically argued that Alibaba is undervalued. And I will stick to my guns – the company is undervalued and remains undervalued. Even when calculating with extremely cautious assumptions, Alibaba is clearly trading below its intrinsic value.In the last two quarters, Alibaba generated a free cash flow of $8,137 million and in the last annual results the company reported a free cash flow of $15,597 million. As basis for our calculation, we therefore assume a free cash flow of $16 billion. And for the years to come, we assume 6% growth till perpetuity which leads to an intrinsic value of $151.23 for Alibaba.And – like I said above – theses assumptions are extremely cautious. Not only did Alibaba report already much higher free cash flow numbers in the past (as high as $26 billion), it also reported much higher growth rates in the past. And for the years to come there are several growth drivers: First, Alibaba will be able to grow its top line again (see section above). Second, despite constantly declining margins in the past, the business will at some point be able to reduce the current high spendings on expansions and be more profitable again. And finally, Alibaba can use share buybacks (especially right now) and spend its cash on the balance sheet as well as the generated free cash flow to repurchase shares. This by itself is enough to lead to 6% growth right now.And finally, we should not forget, that Alibaba is trading for a P/FCF ratio of 8.7 right now – although free cash flow declined almost 50% compared to previous levels. These are absurd valuation levels for a business as Alibaba – despite risks surrounding the business.ConclusionI know I have been wrong about Alibaba in the last few quarters. But first of all, the horrible stock performance of the last few quarters does not mean my thesis – which is based on the fundamentals of the business – is wrong. And second, investing is a marathon and not a sprint. I remain extremely bullish about Alibaba.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966943007,"gmtCreate":1669391678209,"gmtModify":1676538192771,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966943007","repostId":"1125744330","repostType":4,"repost":{"id":"1125744330","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1669388302,"share":"https://www.laohu8.com/m/news/1125744330?lang=&edition=full","pubTime":"2022-11-25 22:58","market":"us","language":"en","title":"Arrival Stock Surges 7.6% As CEO Steps Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1125744330","media":"Tiger Newspress","summary":"Arrival shares rose sharply in morning trading on Friday after announcing a CEO transition on Thanks","content":"<html><head></head><body><p>Arrival shares rose sharply in morning trading on Friday after announcing a CEO transition on Thanksgiving.</p><p>The European EV company said on Thursday that Peter Cuneo will assume the role of interim CEO as current top executive Denis Sverdlov steps down. Sverdlov will trade places with Cuneo to join the company’s board as chairman.</p><p>“I intend to bring the full depth of my experience to this operational role, ensuring that the Company executes on its next set of strategic goals,” Cuneo commented on Thursday. “I look forward to working closely with Denis, the rest of the Board and our employees for the benefit of all Arrival’s stakeholders.”</p><p>Shares of the Luxembourg-based company rose 7.6% in morning trading on Friday. The company’s stock has plummeted over 95% in 2022.</p><p><img src=\"https://static.tigerbbs.com/9b600f901b6ed34fd39f629a527381da\" tg-width=\"840\" tg-height=\"618\" width=\"100%\" height=\"auto\"/></p><p>Elsewhere, the company indicated that Avinash Rugoobur resigned as President and Chief of Strategy on November 22 “for personal reasons,” but will retain a board seat.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Arrival Stock Surges 7.6% As CEO Steps Down</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\">\nArrival Stock Surges 7.6% As CEO Steps Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-25 22:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Arrival shares rose sharply in morning trading on Friday after announcing a CEO transition on Thanksgiving.</p><p>The European EV company said on Thursday that Peter Cuneo will assume the role of interim CEO as current top executive Denis Sverdlov steps down. Sverdlov will trade places with Cuneo to join the company’s board as chairman.</p><p>“I intend to bring the full depth of my experience to this operational role, ensuring that the Company executes on its next set of strategic goals,” Cuneo commented on Thursday. “I look forward to working closely with Denis, the rest of the Board and our employees for the benefit of all Arrival’s stakeholders.”</p><p>Shares of the Luxembourg-based company rose 7.6% in morning trading on Friday. The company’s stock has plummeted over 95% in 2022.</p><p><img src=\"https://static.tigerbbs.com/9b600f901b6ed34fd39f629a527381da\" tg-width=\"840\" tg-height=\"618\" width=\"100%\" height=\"auto\"/></p><p>Elsewhere, the company indicated that Avinash Rugoobur resigned as President and Chief of Strategy on November 22 “for personal reasons,” but will retain a board seat.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125744330","content_text":"Arrival shares rose sharply in morning trading on Friday after announcing a CEO transition on Thanksgiving.The European EV company said on Thursday that Peter Cuneo will assume the role of interim CEO as current top executive Denis Sverdlov steps down. Sverdlov will trade places with Cuneo to join the company’s board as chairman.“I intend to bring the full depth of my experience to this operational role, ensuring that the Company executes on its next set of strategic goals,” Cuneo commented on Thursday. “I look forward to working closely with Denis, the rest of the Board and our employees for the benefit of all Arrival’s stakeholders.”Shares of the Luxembourg-based company rose 7.6% in morning trading on Friday. The company’s stock has plummeted over 95% in 2022.Elsewhere, the company indicated that Avinash Rugoobur resigned as President and Chief of Strategy on November 22 “for personal reasons,” but will retain a board seat.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968470565,"gmtCreate":1669304989358,"gmtModify":1676538181473,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968470565","repostId":"1193359618","repostType":4,"repost":{"id":"1193359618","pubTimestamp":1669293016,"share":"https://www.laohu8.com/m/news/1193359618?lang=&edition=full","pubTime":"2022-11-24 20:30","market":"us","language":"en","title":"Palantir: I Am Still Not Willing To Gamble","url":"https://stock-news.laohu8.com/highlight/detail?id=1193359618","media":"Seeking Alpha","summary":"SummaryPalantir is still not profitable but reported solid third quarter results and is still growin","content":"<html><head></head><body><h2>Summary</h2><ul><li>Palantir is still not profitable but reported solid third quarter results and is still growing with a healthy pace.</li><li>The company could continue to grow with a high pace in the years to come.</li><li>Stock-based compensations and the resulting dilution of outstanding shares are still discouraging for shareholders.</li><li>Although Palantir&#39;s stock has declined already 80% from its previous all-time high, the stock is still overvalued in my opinion and not a great investment.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a010feafd9264848fea7b7e30ebe25cb\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Scott Olson</span></p><p>My first and only article about Palantir Technologies Inc. (NYSE:PLTR) was published in February 2022. At that point, the stock was trading for $14 and although the stock had already declined 67% at that point from its previous all-time highs, I stated thatPalantir was a risky bet. In the meantime, the stock has been cut almost in half again and is now trading about 80% below its previous all-time high. Nevertheless, Palantir is still not a good investment, and I will explain why I am still cautious about the stock.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7dde9d87a6c57be44bdc788e65a9bda1\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><h2>Quarterly Results</h2><p>We can start by looking at the third quarter results, which Palantir reported at the beginning of November. And for starters, we must point out that Palantir is still increasing with a solid growth rate while other technology companies are already struggling and are not able to report double-digit revenue growth anymore.</p><p>Revenue in the third quarter increased from $392.1 million in the same quarter last year to $477.9 million in this quarter – resulting in 21.9% year-over-year growth. Loss from operations declined from $91.9 million in Q3/21 to $62.2 million in Q3/22 and although Palantir could improve, the business is still not profitable. But diluted net loss per share increased from $0.05 to a loss of $0.06 in this quarter.</p><p>Additionally, the total customers for Palantir increased from 203 in the same quarter last year to 337 right now – resulting in 66% year-over-year growth. And compared to the previous quarter, Palantir added 33 net new customers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/775a52ff7988f009fb5679e4a65341e4\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"/><span>Palantir Q3/22 Presentation</span></p><p>During the third quarter of fiscal 2022, Palantir closed 78 deals of at least $1 million with 32 of these deals being at least $5 million and 19 deals were at least $10 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44937fe9eca5417fd0c51facb9d3648f\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"/><span>Palantir Q3/22 Presentation</span></p><p>And when looking at the guidance for fiscal 2022, Palantir is now expecting $1.9 billion to $1.902 billion in revenue. Palantir raised its guidance and is now expecting an adjusted income from operations to be between $384 million to $386 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54098b8b48757becfeea0894faab6e65\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\"/><span>Palantir Q3/22 Presentation</span></p><h2>Growth Opportunities In Challenging Times</h2><p>But despite the raised guidance, when listening to Alexander Karp during the earnings calls or in interviews, he is seeing difficult times ahead. During the last earnings call, Alexander Karp made the following statement:</p><blockquote>By the way, that&#39;s why we prepared and then that&#39;s the technical thing. Why do we have 8 quarters of free cash flow? Do you think it&#39;s a coincidence, we were preparing for this. We have -- why do we have $2.4 billion in the bank and no debt? We weren&#39;t living in the metasphere. We were living in this world in the way we thought it would be -- and we&#39;ve been essentially -- you could even look at this as a prep. We&#39;re a prepper company. We&#39;ve been preparing it&#39;s like -- preppers have their rucksack and a rifle. We have PG, GAIA, Foundry and $2.4 billion in the bank and no debt. That&#39;s our company.</blockquote><p>And when looking at the balance sheet, Palantir is positioned quite well. On September 30, 2022, the company had $2,411 million in cash and cash equivalents as well as $57 million in short-term marketable securities. And aside from having no debt on the balance sheet, the company also has no goodwill on its balance sheet. In case of Palantir, 74% of its $3,319 million in total assets are highly liquid assets (cash, cash equivalents and marketable securities), which is good in case of crisis.</p><p>But not only is Palantir prepared for challenging times due to a solid balance sheet, Alexander Karp is also expecting the company to profit from the uncertain times ahead. During an interview with CNBC at the end of September, he made the following statement:</p><blockquote>Bad times are incredibly good for Palantir... bad times really uncover the durable companies, and tech is going through bad times... interest rates are the reason.</blockquote><p>Karp also states that Palantir’s software is at war – in Europe and around the world. And he sees the software as a way for nations to impose and defend their values. And Karp sees great growth potential in the years ahead – not only because Palantir might profit from bad times:</p><blockquote>We recognize that our path to growth is not always linear, but with the opportunity that lies ahead, we continue to recruit and retain the top talent at a time when other companies in the technology sector are slashing their plans and cutting workforces.</blockquote><blockquote>We have spent the last 2 decades building our products for the world in which we actually live. The disruption and uncertainty that we&#39;re seeing around us from Ukraine, the pandemic and inflation, it&#39;s driving customers towards us and to our software.</blockquote><p>In the second quarter earnings call, Alexander Karp said his ambition was to drive the company to $4.5 billion in revenue in 2025. In the same earnings call, Karp also expected that Palantir will finally be profitable in 2025. And of course, it is not unreasonable for Palantir to expect high growth rates. In its Form S-1. Palantir wrote its total addressable market [TAM] should be approximately $119 billion with the commercial sector being around $56 billion and the government sector being around $63 billion. This TAM is excluding institutions and countries where Palantir has chosen not to sell its software.</p><p>This seems to be in line with the expectations of other studies. And not only has Palantir a market share of only around 2% right now – giving the company enough room to grow by gaining market shares. Different studies are also expecting growth rates in the double digits for the market. When looking at the advanced analytics market, some expect even a CAGR above 20% in the years to come.</p><p>And during the last earnings call, Alexander Karp also pointed out where he is seeing the huge competitive advantage of Palantir – especially compared to peers like Microsoft (MSFT) or Snowflake (SNOW):</p><blockquote>The answer is really the ontology. It&#39;s why our platforms remain far ahead of the competition. And that&#39;s because the ontology, it&#39;s the missing link in terms of what you need to realize value from all of these investments. It&#39;s the component and the architecture that&#39;s required to get data apps to actually deliver value on top of cloud data warehouses or to get AI to scale throughout the enterprise or to turn your digital twin into something that&#39;s actionable and operational within the enterprise. And we&#39;ve spent 15 years investing in a road map that&#39;s deep and built upon the ontology, and it continues to be the focus of all the core investments that we&#39;re making around product.</blockquote><h2>Reservation Against Palantir</h2><p>But despite the competitive advantage Karp sees for Palantir in the years to come, the business is also facing risks in its path toward growth. In his last letter to shareholders, Alexander Karp wrote:</p><blockquote>It has been our experience, however, that some countries, particularly in continental Europe, including Germany, have fallen behind the United States in their willingness and ability to implement enterprise software systems that challenge existing habits and modes of operation.</blockquote><blockquote>There have been repeated attempts to build replicas of Silicon Valley in continental Europe, in Germany and elsewhere, but the results have been decidedly mixed.</blockquote><blockquote>We have found that large institutions in the United States have been far more willing to investigate the most significant sources of systemic dysfunction within their organizations, which in the current moment often relate to the ability or rather inability of an institution to metabolize its own data.</blockquote><p>And this is an aspect that should certainly not be underestimated for Palantir’s ambitions to grow in the years to come. And from a German perspective I think Karp is correct in his assessment of people living here (as well as institutions) having strong reservations against Palantir.</p><h2>Stock-Based Compensation Leading To Dilution</h2><p>Not only is the business facing several risks, but shareholders are also facing risks by owning the stock right now. And one huge risk shareholders are facing is the stock-based compensation which is leading to a constant dilution of shares and in the last few quarters, the number of outstanding shares increased with a high pace. Right now, we have 2,073 million outstanding shares compared to 1,964 million one year earlier and 1,763 million after the IPO of Palantir. This is resulting in an increase of almost 18% in less than two years and in my opinion, this is not a good sign for investors. And finally, this dilution has a huge negative impact on the intrinsic value of Palantir.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ba9fe6b4274d2704f89363d89bcddb6a\" tg-width=\"635\" tg-height=\"435\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p>Of course, stock-based compensations can also have a positive side as it is a good way to get great talent for the business and employees, that are behind the company and the company’s goals (as they are also profiting from a thriving business resulting in a higher share price). And this can certainly have a positive effect on the business in the long run. However, diluted in the high single digits annually is extreme – even for a company growing with a high pace.</p><h2>Intrinsic Value Calculation</h2><p>A final risk for shareholders is simply overpaying for a stock that is not worth what it is currently trading for.</p><p>We can start by looking at simple valuation metrics – especially the price-free-cash-flow ratio as well as the price-sales ratio. Looking at the price-earnings ratio doesn’t make much sense as the metric is negative. Of course, the price-sales ratio declined over the last year, but Palantir is still trading for 9 times sales which is certainly not cheap. When looking at the S&amp;P 500 (SPY), there are only about 45 companies trading with a higher price-sales ratio. And the median P/S ratio of the S&amp;P 500 is 2.72 at the time of writing. And even when looking at technology stocks (according to Finviz; market cap above $2 billion), the median P/S ratio is 4.41. But as long as we are talking about price-sales ratios we also have to point out that Snowflake is trading for 28 times sales right now and compared to these valuation multiples, Palantir’s valuation seems to be quite reasonable.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38f5a49a57b61fa9fbd749ed81950b1d\" tg-width=\"635\" tg-height=\"447\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p>When looking at the price-free-cash-flow ratio, Palantir is trading for a multiple of 84. Although this is below the 2021 P/FCF peak of 750 and below the average of 227, Palantir is still trading for extremely high valuation multiples (and usually even high growth rates can’t justify valuation multiples close to 100). And once again, we can point out that Snowflake is trading for a P/FCF ratio of 155 – twice as high as Palantir.</p><p>When using a discount cash flow calculation, we can take the free cash flow of the last four quarters as basis. But let’s be more optimistic and use the highest free cash flow Palantir could report so far ($320 million in free cash flow). When taking this amount as basis and assume 6% growth till perpetuity (like we always do with high quality businesses) the company must grow its free cash flow about 17% annually for the next ten years to be fairly valued (assuming 2,073 million outstanding shares and a 10% discount rate).</p><p>I would not say such growth rates are impossible for a company – we can find several examples of businesses growing with such a CAGR over 10 years or even longer. But 17% growth for 10 years would probably be one of the highest growth rates I ever used in an intrinsic value calculation just to reach fair value for a stock. And these calculations are assuming no further dilution of shares, which seems rather unlikely at this point. In the last two years, the company has been diluting in the high single digits and to set dilution off, Palantir rather must grow its free cash flow about 25% annually to be fairly valued for the next few years. And 25% growth is also not impossible but no growth rate I would use in any way (in my opinion, this would be investing based on hope).</p><h2>Conclusion</h2><p>Although the stock price is now more than 40% lower than when my last article was published, I am afraid the conclusion must be the same. The stock is still not fairly valued and not a great investment. With thousands of other stocks being available and us being able to identify at least 100 high-quality businesses with a wide economic moat, I don’t see any reason to bet on Palantir. A company where it is difficult to estimate the growth potential and where the huge stock-based compensations and resulting stock dilutions are offsetting to any investor. And the potential high growth potential Palantir could have is not enough at this point to bet on Palantir.</p><p><i>This article is written by Daniel Schönberger for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir: I Am Still Not Willing To Gamble</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\">\nPalantir: I Am Still Not Willing To Gamble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-24 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4560037-palantir-pltr-still-overvalued><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir is still not profitable but reported solid third quarter results and is still growing with a healthy pace.The company could continue to grow with a high pace in the years to come.Stock...</p>\n\n<a href=\"https://seekingalpha.com/article/4560037-palantir-pltr-still-overvalued\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4560037-palantir-pltr-still-overvalued","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193359618","content_text":"SummaryPalantir is still not profitable but reported solid third quarter results and is still growing with a healthy pace.The company could continue to grow with a high pace in the years to come.Stock-based compensations and the resulting dilution of outstanding shares are still discouraging for shareholders.Although Palantir's stock has declined already 80% from its previous all-time high, the stock is still overvalued in my opinion and not a great investment.Scott OlsonMy first and only article about Palantir Technologies Inc. (NYSE:PLTR) was published in February 2022. At that point, the stock was trading for $14 and although the stock had already declined 67% at that point from its previous all-time highs, I stated thatPalantir was a risky bet. In the meantime, the stock has been cut almost in half again and is now trading about 80% below its previous all-time high. Nevertheless, Palantir is still not a good investment, and I will explain why I am still cautious about the stock.Data by YChartsQuarterly ResultsWe can start by looking at the third quarter results, which Palantir reported at the beginning of November. And for starters, we must point out that Palantir is still increasing with a solid growth rate while other technology companies are already struggling and are not able to report double-digit revenue growth anymore.Revenue in the third quarter increased from $392.1 million in the same quarter last year to $477.9 million in this quarter – resulting in 21.9% year-over-year growth. Loss from operations declined from $91.9 million in Q3/21 to $62.2 million in Q3/22 and although Palantir could improve, the business is still not profitable. But diluted net loss per share increased from $0.05 to a loss of $0.06 in this quarter.Additionally, the total customers for Palantir increased from 203 in the same quarter last year to 337 right now – resulting in 66% year-over-year growth. And compared to the previous quarter, Palantir added 33 net new customers.Palantir Q3/22 PresentationDuring the third quarter of fiscal 2022, Palantir closed 78 deals of at least $1 million with 32 of these deals being at least $5 million and 19 deals were at least $10 million.Palantir Q3/22 PresentationAnd when looking at the guidance for fiscal 2022, Palantir is now expecting $1.9 billion to $1.902 billion in revenue. Palantir raised its guidance and is now expecting an adjusted income from operations to be between $384 million to $386 million.Palantir Q3/22 PresentationGrowth Opportunities In Challenging TimesBut despite the raised guidance, when listening to Alexander Karp during the earnings calls or in interviews, he is seeing difficult times ahead. During the last earnings call, Alexander Karp made the following statement:By the way, that's why we prepared and then that's the technical thing. Why do we have 8 quarters of free cash flow? Do you think it's a coincidence, we were preparing for this. We have -- why do we have $2.4 billion in the bank and no debt? We weren't living in the metasphere. We were living in this world in the way we thought it would be -- and we've been essentially -- you could even look at this as a prep. We're a prepper company. We've been preparing it's like -- preppers have their rucksack and a rifle. We have PG, GAIA, Foundry and $2.4 billion in the bank and no debt. That's our company.And when looking at the balance sheet, Palantir is positioned quite well. On September 30, 2022, the company had $2,411 million in cash and cash equivalents as well as $57 million in short-term marketable securities. And aside from having no debt on the balance sheet, the company also has no goodwill on its balance sheet. In case of Palantir, 74% of its $3,319 million in total assets are highly liquid assets (cash, cash equivalents and marketable securities), which is good in case of crisis.But not only is Palantir prepared for challenging times due to a solid balance sheet, Alexander Karp is also expecting the company to profit from the uncertain times ahead. During an interview with CNBC at the end of September, he made the following statement:Bad times are incredibly good for Palantir... bad times really uncover the durable companies, and tech is going through bad times... interest rates are the reason.Karp also states that Palantir’s software is at war – in Europe and around the world. And he sees the software as a way for nations to impose and defend their values. And Karp sees great growth potential in the years ahead – not only because Palantir might profit from bad times:We recognize that our path to growth is not always linear, but with the opportunity that lies ahead, we continue to recruit and retain the top talent at a time when other companies in the technology sector are slashing their plans and cutting workforces.We have spent the last 2 decades building our products for the world in which we actually live. The disruption and uncertainty that we're seeing around us from Ukraine, the pandemic and inflation, it's driving customers towards us and to our software.In the second quarter earnings call, Alexander Karp said his ambition was to drive the company to $4.5 billion in revenue in 2025. In the same earnings call, Karp also expected that Palantir will finally be profitable in 2025. And of course, it is not unreasonable for Palantir to expect high growth rates. In its Form S-1. Palantir wrote its total addressable market [TAM] should be approximately $119 billion with the commercial sector being around $56 billion and the government sector being around $63 billion. This TAM is excluding institutions and countries where Palantir has chosen not to sell its software.This seems to be in line with the expectations of other studies. And not only has Palantir a market share of only around 2% right now – giving the company enough room to grow by gaining market shares. Different studies are also expecting growth rates in the double digits for the market. When looking at the advanced analytics market, some expect even a CAGR above 20% in the years to come.And during the last earnings call, Alexander Karp also pointed out where he is seeing the huge competitive advantage of Palantir – especially compared to peers like Microsoft (MSFT) or Snowflake (SNOW):The answer is really the ontology. It's why our platforms remain far ahead of the competition. And that's because the ontology, it's the missing link in terms of what you need to realize value from all of these investments. It's the component and the architecture that's required to get data apps to actually deliver value on top of cloud data warehouses or to get AI to scale throughout the enterprise or to turn your digital twin into something that's actionable and operational within the enterprise. And we've spent 15 years investing in a road map that's deep and built upon the ontology, and it continues to be the focus of all the core investments that we're making around product.Reservation Against PalantirBut despite the competitive advantage Karp sees for Palantir in the years to come, the business is also facing risks in its path toward growth. In his last letter to shareholders, Alexander Karp wrote:It has been our experience, however, that some countries, particularly in continental Europe, including Germany, have fallen behind the United States in their willingness and ability to implement enterprise software systems that challenge existing habits and modes of operation.There have been repeated attempts to build replicas of Silicon Valley in continental Europe, in Germany and elsewhere, but the results have been decidedly mixed.We have found that large institutions in the United States have been far more willing to investigate the most significant sources of systemic dysfunction within their organizations, which in the current moment often relate to the ability or rather inability of an institution to metabolize its own data.And this is an aspect that should certainly not be underestimated for Palantir’s ambitions to grow in the years to come. And from a German perspective I think Karp is correct in his assessment of people living here (as well as institutions) having strong reservations against Palantir.Stock-Based Compensation Leading To DilutionNot only is the business facing several risks, but shareholders are also facing risks by owning the stock right now. And one huge risk shareholders are facing is the stock-based compensation which is leading to a constant dilution of shares and in the last few quarters, the number of outstanding shares increased with a high pace. Right now, we have 2,073 million outstanding shares compared to 1,964 million one year earlier and 1,763 million after the IPO of Palantir. This is resulting in an increase of almost 18% in less than two years and in my opinion, this is not a good sign for investors. And finally, this dilution has a huge negative impact on the intrinsic value of Palantir.Data by YChartsOf course, stock-based compensations can also have a positive side as it is a good way to get great talent for the business and employees, that are behind the company and the company’s goals (as they are also profiting from a thriving business resulting in a higher share price). And this can certainly have a positive effect on the business in the long run. However, diluted in the high single digits annually is extreme – even for a company growing with a high pace.Intrinsic Value CalculationA final risk for shareholders is simply overpaying for a stock that is not worth what it is currently trading for.We can start by looking at simple valuation metrics – especially the price-free-cash-flow ratio as well as the price-sales ratio. Looking at the price-earnings ratio doesn’t make much sense as the metric is negative. Of course, the price-sales ratio declined over the last year, but Palantir is still trading for 9 times sales which is certainly not cheap. When looking at the S&P 500 (SPY), there are only about 45 companies trading with a higher price-sales ratio. And the median P/S ratio of the S&P 500 is 2.72 at the time of writing. And even when looking at technology stocks (according to Finviz; market cap above $2 billion), the median P/S ratio is 4.41. But as long as we are talking about price-sales ratios we also have to point out that Snowflake is trading for 28 times sales right now and compared to these valuation multiples, Palantir’s valuation seems to be quite reasonable.Data by YChartsWhen looking at the price-free-cash-flow ratio, Palantir is trading for a multiple of 84. Although this is below the 2021 P/FCF peak of 750 and below the average of 227, Palantir is still trading for extremely high valuation multiples (and usually even high growth rates can’t justify valuation multiples close to 100). And once again, we can point out that Snowflake is trading for a P/FCF ratio of 155 – twice as high as Palantir.When using a discount cash flow calculation, we can take the free cash flow of the last four quarters as basis. But let’s be more optimistic and use the highest free cash flow Palantir could report so far ($320 million in free cash flow). When taking this amount as basis and assume 6% growth till perpetuity (like we always do with high quality businesses) the company must grow its free cash flow about 17% annually for the next ten years to be fairly valued (assuming 2,073 million outstanding shares and a 10% discount rate).I would not say such growth rates are impossible for a company – we can find several examples of businesses growing with such a CAGR over 10 years or even longer. But 17% growth for 10 years would probably be one of the highest growth rates I ever used in an intrinsic value calculation just to reach fair value for a stock. And these calculations are assuming no further dilution of shares, which seems rather unlikely at this point. In the last two years, the company has been diluting in the high single digits and to set dilution off, Palantir rather must grow its free cash flow about 25% annually to be fairly valued for the next few years. And 25% growth is also not impossible but no growth rate I would use in any way (in my opinion, this would be investing based on hope).ConclusionAlthough the stock price is now more than 40% lower than when my last article was published, I am afraid the conclusion must be the same. The stock is still not fairly valued and not a great investment. With thousands of other stocks being available and us being able to identify at least 100 high-quality businesses with a wide economic moat, I don’t see any reason to bet on Palantir. A company where it is difficult to estimate the growth potential and where the huge stock-based compensations and resulting stock dilutions are offsetting to any investor. And the potential high growth potential Palantir could have is not enough at this point to bet on Palantir.This article is written by Daniel Schönberger for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961796666,"gmtCreate":1669042586156,"gmtModify":1676538143675,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961796666","repostId":"1154988854","repostType":4,"repost":{"id":"1154988854","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1669035125,"share":"https://www.laohu8.com/m/news/1154988854?lang=&edition=full","pubTime":"2022-11-21 20:52","market":"us","language":"en","title":"Pre-Bell｜U.S. Futures Decline; Disney Jumps; One Company Share Price Doubles","url":"https://stock-news.laohu8.com/highlight/detail?id=1154988854","media":"Tiger Newspress","summary":"U.S. stock index futures declined on Monday as COVID-19 flare ups in China added to concerns about slowing growth, while Disney shares jumped as investors cheered Bob Iger's surprise comeback as chief","content":"<html><head></head><body><p>U.S. stock index futures declined on Monday as COVID-19 flare ups in China added to concerns about slowing growth, while Disney shares jumped as investors cheered Bob Iger&#39;s surprise comeback as chief executive.</p><p>Attention turns to Wednesday&#39;s release of minutes from the U.S. Federal Reserve&#39;s November meeting after some officials reiterated the central bank&#39;s pledge to continue monetary policy tightening until inflation was in check, in part pushing the three main indexes lower on Friday.</p><h2>Market Snapshot</h2><p>At 7:45 a.m. ET, Dow e-minis were down 63 points, or 0.19%, S&amp;P 500 e-minis were down 20 points, or 0.5%, and Nasdaq 100 e-minis were down 90 points, or 0.77%.</p><p><img src=\"https://static.tigerbbs.com/e51ac585177f285e5f161505b68968a9\" tg-width=\"386\" tg-height=\"196\" referrerpolicy=\"no-referrer\"/></p><h2>Pre-Market Movers</h2><p><b>Walt Disney (DIS)</b> – Walt Disney rallied 8.5% in premarket trading after the weekend announcement that former Chairman and CEO Bob Iger is returning as chief executive, replacing Bob Chapek. The executive suite change follows a slide in Disney&#39;s stock price and weaker-than-expected profits.</p><p><b>Carvana (CVNA)</b> – Carvana fell 5.1% in the premarket after The Wall Street Journal quoted analysts as saying the online used car retailer could run out of cash within a year. Carvan aannounced Friday that it was laying off about 1,500 workers.</p><p><b>Coinbase (COIN)</b> – Coinbase slid 6.2% in premarket trading, with the cryptocurrency exchange’s shares falling in the wake of rival FTX’s bankruptcy. A Bank of America analyst said Coinbase is not another FTX, but faces headwinds amid overall skepticism about the cryptocurrency market.</p><p><b>J.M. Smucker (SJM)</b> – The food producer’s stock rose 1% in the premarket after beating Wall Street’s top and bottom line estimates for its latest quarter. The company behind brands like Smucker’s, Folgers, Jif and Milk-bone also raised its full-year forecast.</p><p><b>China stocks</b> – Shares of China-based companies are under pressure after three Covid-related deaths were reported in Beijing over the weekend, the first reported since May. The overall number of Covid cases in China is on the rise as well. <b>Alibaba (BABA)</b> fell 3.2% in premarket trading, <b>JD.com (JD)</b> dropped 5.2%, <b>Baidu (BIDU)</b> lost 2.5% and <b>Pinduoduo (PDD)</b> slid 2.6%.</p><p><b>Imago BioSciences (IMGO) </b>– The cancer drug developer agreed to be bought by <b>Merck (MRK)</b> in a deal valued at $1.35 billion, or $36 per share in cash. Imago soared 104.3% in the premarket.</p><p><b>Williams-Sonoma (WSM)</b> – The housewares retailer’s stock fell 1.9% in premarket trading after Barclays downgraded it to “equal weight” from “overweight,” pointing to the negative impact of a weakening housing market.</p><p><b>MongoDB (MDB)</b> – The database platform provider’s stock was downgraded to “equal-weight” from “overweight” at Morgan Stanley. The firm said it is upbeat about MongoDB’s long-term prospects but predicts the company will be impacted in the near term by a cautious corporate spending environment. MongoDB fell 3.9% in the premarket.</p><h2>Market News</h2><h3>Trump Snubs Twitter After Musk Announces Reactivation of Ex-President&#39;s Account</h3><p>Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating the former U.S. president, who was banned from the social media service for inciting violence, in a poll organized by new owner Elon Musk.</p><h3>Disney Ousts Chapek, Iger Returns as CEO</h3><p>Walt Disney Co.’s board of directors on Sunday night replaced Chief Executive Bob Chapek with Robert Iger, the company’s former chairman and CEO who left the company at the end of last year, according to a company announcement.</p><p>“The board has concluded that as Disney increase; green up pointing triangle embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the company through this pivotal period,” said Susan Arnold, chairman of Disney’s board, in a statement.</p><h3>TSMC Planning Advanced Chip Production in Arizona, Says Company&#39;s Founder</h3><p>Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalised yet, the company&#39;s founder Morris Chang said on Monday.</p><p>Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , a major Apple Inc supplier and the world&#39;s largest contract chipmaker, is constructing a $12 billion plant in Arizona.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Futures Decline; Disney Jumps; One Company Share Price Doubles\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-21 20:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures declined on Monday as COVID-19 flare ups in China added to concerns about slowing growth, while Disney shares jumped as investors cheered Bob Iger&#39;s surprise comeback as chief executive.</p><p>Attention turns to Wednesday&#39;s release of minutes from the U.S. Federal Reserve&#39;s November meeting after some officials reiterated the central bank&#39;s pledge to continue monetary policy tightening until inflation was in check, in part pushing the three main indexes lower on Friday.</p><h2>Market Snapshot</h2><p>At 7:45 a.m. ET, Dow e-minis were down 63 points, or 0.19%, S&amp;P 500 e-minis were down 20 points, or 0.5%, and Nasdaq 100 e-minis were down 90 points, or 0.77%.</p><p><img src=\"https://static.tigerbbs.com/e51ac585177f285e5f161505b68968a9\" tg-width=\"386\" tg-height=\"196\" referrerpolicy=\"no-referrer\"/></p><h2>Pre-Market Movers</h2><p><b>Walt Disney (DIS)</b> – Walt Disney rallied 8.5% in premarket trading after the weekend announcement that former Chairman and CEO Bob Iger is returning as chief executive, replacing Bob Chapek. The executive suite change follows a slide in Disney&#39;s stock price and weaker-than-expected profits.</p><p><b>Carvana (CVNA)</b> – Carvana fell 5.1% in the premarket after The Wall Street Journal quoted analysts as saying the online used car retailer could run out of cash within a year. Carvan aannounced Friday that it was laying off about 1,500 workers.</p><p><b>Coinbase (COIN)</b> – Coinbase slid 6.2% in premarket trading, with the cryptocurrency exchange’s shares falling in the wake of rival FTX’s bankruptcy. A Bank of America analyst said Coinbase is not another FTX, but faces headwinds amid overall skepticism about the cryptocurrency market.</p><p><b>J.M. Smucker (SJM)</b> – The food producer’s stock rose 1% in the premarket after beating Wall Street’s top and bottom line estimates for its latest quarter. The company behind brands like Smucker’s, Folgers, Jif and Milk-bone also raised its full-year forecast.</p><p><b>China stocks</b> – Shares of China-based companies are under pressure after three Covid-related deaths were reported in Beijing over the weekend, the first reported since May. The overall number of Covid cases in China is on the rise as well. <b>Alibaba (BABA)</b> fell 3.2% in premarket trading, <b>JD.com (JD)</b> dropped 5.2%, <b>Baidu (BIDU)</b> lost 2.5% and <b>Pinduoduo (PDD)</b> slid 2.6%.</p><p><b>Imago BioSciences (IMGO) </b>– The cancer drug developer agreed to be bought by <b>Merck (MRK)</b> in a deal valued at $1.35 billion, or $36 per share in cash. Imago soared 104.3% in the premarket.</p><p><b>Williams-Sonoma (WSM)</b> – The housewares retailer’s stock fell 1.9% in premarket trading after Barclays downgraded it to “equal weight” from “overweight,” pointing to the negative impact of a weakening housing market.</p><p><b>MongoDB (MDB)</b> – The database platform provider’s stock was downgraded to “equal-weight” from “overweight” at Morgan Stanley. The firm said it is upbeat about MongoDB’s long-term prospects but predicts the company will be impacted in the near term by a cautious corporate spending environment. MongoDB fell 3.9% in the premarket.</p><h2>Market News</h2><h3>Trump Snubs Twitter After Musk Announces Reactivation of Ex-President&#39;s Account</h3><p>Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating the former U.S. president, who was banned from the social media service for inciting violence, in a poll organized by new owner Elon Musk.</p><h3>Disney Ousts Chapek, Iger Returns as CEO</h3><p>Walt Disney Co.’s board of directors on Sunday night replaced Chief Executive Bob Chapek with Robert Iger, the company’s former chairman and CEO who left the company at the end of last year, according to a company announcement.</p><p>“The board has concluded that as Disney increase; green up pointing triangle embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the company through this pivotal period,” said Susan Arnold, chairman of Disney’s board, in a statement.</p><h3>TSMC Planning Advanced Chip Production in Arizona, Says Company&#39;s Founder</h3><p>Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalised yet, the company&#39;s founder Morris Chang said on Monday.</p><p>Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , a major Apple Inc supplier and the world&#39;s largest contract chipmaker, is constructing a $12 billion plant in Arizona.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","BIDU":"百度","CVNA":"Carvana Co.","SJM":"斯马克",".DJI":"道琼斯","TSM":"台积电","COIN":"Coinbase Global, Inc.","TWTR":"Twitter","BABA":"阿里巴巴","PDD":"拼多多",".IXIC":"NASDAQ Composite","JD":"京东","WSM":"Williams-Sonoma Inc","MDB":"MongoDB Inc.","IMGO":"Imago BioSciences, Inc.",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154988854","content_text":"U.S. stock index futures declined on Monday as COVID-19 flare ups in China added to concerns about slowing growth, while Disney shares jumped as investors cheered Bob Iger's surprise comeback as chief executive.Attention turns to Wednesday's release of minutes from the U.S. Federal Reserve's November meeting after some officials reiterated the central bank's pledge to continue monetary policy tightening until inflation was in check, in part pushing the three main indexes lower on Friday.Market SnapshotAt 7:45 a.m. ET, Dow e-minis were down 63 points, or 0.19%, S&P 500 e-minis were down 20 points, or 0.5%, and Nasdaq 100 e-minis were down 90 points, or 0.77%.Pre-Market MoversWalt Disney (DIS) – Walt Disney rallied 8.5% in premarket trading after the weekend announcement that former Chairman and CEO Bob Iger is returning as chief executive, replacing Bob Chapek. The executive suite change follows a slide in Disney's stock price and weaker-than-expected profits.Carvana (CVNA) – Carvana fell 5.1% in the premarket after The Wall Street Journal quoted analysts as saying the online used car retailer could run out of cash within a year. Carvan aannounced Friday that it was laying off about 1,500 workers.Coinbase (COIN) – Coinbase slid 6.2% in premarket trading, with the cryptocurrency exchange’s shares falling in the wake of rival FTX’s bankruptcy. A Bank of America analyst said Coinbase is not another FTX, but faces headwinds amid overall skepticism about the cryptocurrency market.J.M. Smucker (SJM) – The food producer’s stock rose 1% in the premarket after beating Wall Street’s top and bottom line estimates for its latest quarter. The company behind brands like Smucker’s, Folgers, Jif and Milk-bone also raised its full-year forecast.China stocks – Shares of China-based companies are under pressure after three Covid-related deaths were reported in Beijing over the weekend, the first reported since May. The overall number of Covid cases in China is on the rise as well. Alibaba (BABA) fell 3.2% in premarket trading, JD.com (JD) dropped 5.2%, Baidu (BIDU) lost 2.5% and Pinduoduo (PDD) slid 2.6%.Imago BioSciences (IMGO) – The cancer drug developer agreed to be bought by Merck (MRK) in a deal valued at $1.35 billion, or $36 per share in cash. Imago soared 104.3% in the premarket.Williams-Sonoma (WSM) – The housewares retailer’s stock fell 1.9% in premarket trading after Barclays downgraded it to “equal weight” from “overweight,” pointing to the negative impact of a weakening housing market.MongoDB (MDB) – The database platform provider’s stock was downgraded to “equal-weight” from “overweight” at Morgan Stanley. The firm said it is upbeat about MongoDB’s long-term prospects but predicts the company will be impacted in the near term by a cautious corporate spending environment. MongoDB fell 3.9% in the premarket.Market NewsTrump Snubs Twitter After Musk Announces Reactivation of Ex-President's AccountDonald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating the former U.S. president, who was banned from the social media service for inciting violence, in a poll organized by new owner Elon Musk.Disney Ousts Chapek, Iger Returns as CEOWalt Disney Co.’s board of directors on Sunday night replaced Chief Executive Bob Chapek with Robert Iger, the company’s former chairman and CEO who left the company at the end of last year, according to a company announcement.“The board has concluded that as Disney increase; green up pointing triangle embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the company through this pivotal period,” said Susan Arnold, chairman of Disney’s board, in a statement.TSMC Planning Advanced Chip Production in Arizona, Says Company's FounderTaiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalised yet, the company's founder Morris Chang said on Monday.Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , a major Apple Inc supplier and the world's largest contract chipmaker, is constructing a $12 billion plant in Arizona.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961796070,"gmtCreate":1669042539390,"gmtModify":1676538143658,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961796070","repostId":"1115231495","repostType":4,"repost":{"id":"1115231495","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":1669038623,"share":"https://www.laohu8.com/m/news/1115231495?lang=&edition=full","pubTime":"2022-11-21 21:50","market":"us","language":"en","title":"Disney's Iger May Have to Cut Costs As Streaming Loses Money","url":"https://stock-news.laohu8.com/highlight/detail?id=1115231495","media":"Reuters","summary":"Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead ","content":"<html><head></head><body><p>Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead Walt Disney Co by cutting costs and restoring profits in just two years after splurging cash on acquisitions and a streaming business last time round.</p><p>The entertainment giant shocked investors late on Sunday evening announcing the ouster of Chief Executive Bob Chapek and appointing Iger, 71, to a two-year contract to return the company to growth.</p><p>The move evoked other return engagements such as Steve Jobs&#39; return to Apple and Howard Schultz&#39;s return to Starbucks in times of crisis.</p><p>&#34;The bold move (Iger&#39;s return) might feel like the right one. However, the business is at a different phase of growth,&#34; said PP Foresight analyst Paolo Pescatore, adding that short-term measures might include restriction of some operations.</p><p>The most immediate target of that could be Disney+, the streaming service that Iger helped launch in 2019. Losses at the unit more than doubled in the last reported quarter to $1.5 billion.</p><p>The business has become a drag on earnings as Disney spends heavily on content to attract subscribers, testing investor patience and contributing to a 40% slide in its shares so far this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78d7f0b6803190abecffd969c1186af4\" tg-width=\"1320\" tg-height=\"800\" referrerpolicy=\"no-referrer\"/><span>Reuters Graphics</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d969d164b41ce35a55a35aa2963c107c\" tg-width=\"1320\" tg-height=\"800\" referrerpolicy=\"no-referrer\"/><span>Reuters Graphics</span></p><p>&#34;Disney+ ... could probably do better with fewer end-state subscribers made up of super fans willing to pay high RPU (rates per user), which would generate much higher margins,&#34; analysts at MoffettNathanson said.</p><p>They also pointed to ESPN as another target for deep cost cuts, including a review of all the upcoming sports rights as the network loses cable subscribers.</p><p>Activist investor Dan Loeb&#39;s Third Point had also pushed a potential spin-off of ESPN when it took a stake in the company in August, although it later backed off the idea.</p><p>Some brokerages have also raised concern on whether the two-year period Iger has agreed to return for would be enough to transform the business and find a successor.</p><p>&#34;The problem is that Iger can&#39;t stay on forever. He already bumbled the transition to Tom Staggs in 2016 and now (Bob) Chapek,&#34; Rosenblatt Securities said.</p><p>Still, Disney shares were 10% higher in premarket trading on Monday, a sign of confidence in the executive who led the company for 15 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b736275c9d040a6788faaadcf9ba819\" tg-width=\"1320\" tg-height=\"800\" width=\"100%\" height=\"auto\"/><span>Reuters Graphics Reuters Graphics</span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disney's Iger May Have to Cut Costs As Streaming Loses Money</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\">\nDisney's Iger May Have to Cut Costs As Streaming Loses Money\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\">2022-11-21 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead Walt Disney Co by cutting costs and restoring profits in just two years after splurging cash on acquisitions and a streaming business last time round.</p><p>The entertainment giant shocked investors late on Sunday evening announcing the ouster of Chief Executive Bob Chapek and appointing Iger, 71, to a two-year contract to return the company to growth.</p><p>The move evoked other return engagements such as Steve Jobs&#39; return to Apple and Howard Schultz&#39;s return to Starbucks in times of crisis.</p><p>&#34;The bold move (Iger&#39;s return) might feel like the right one. However, the business is at a different phase of growth,&#34; said PP Foresight analyst Paolo Pescatore, adding that short-term measures might include restriction of some operations.</p><p>The most immediate target of that could be Disney+, the streaming service that Iger helped launch in 2019. Losses at the unit more than doubled in the last reported quarter to $1.5 billion.</p><p>The business has become a drag on earnings as Disney spends heavily on content to attract subscribers, testing investor patience and contributing to a 40% slide in its shares so far this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78d7f0b6803190abecffd969c1186af4\" tg-width=\"1320\" tg-height=\"800\" referrerpolicy=\"no-referrer\"/><span>Reuters Graphics</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d969d164b41ce35a55a35aa2963c107c\" tg-width=\"1320\" tg-height=\"800\" referrerpolicy=\"no-referrer\"/><span>Reuters Graphics</span></p><p>&#34;Disney+ ... could probably do better with fewer end-state subscribers made up of super fans willing to pay high RPU (rates per user), which would generate much higher margins,&#34; analysts at MoffettNathanson said.</p><p>They also pointed to ESPN as another target for deep cost cuts, including a review of all the upcoming sports rights as the network loses cable subscribers.</p><p>Activist investor Dan Loeb&#39;s Third Point had also pushed a potential spin-off of ESPN when it took a stake in the company in August, although it later backed off the idea.</p><p>Some brokerages have also raised concern on whether the two-year period Iger has agreed to return for would be enough to transform the business and find a successor.</p><p>&#34;The problem is that Iger can&#39;t stay on forever. He already bumbled the transition to Tom Staggs in 2016 and now (Bob) Chapek,&#34; Rosenblatt Securities said.</p><p>Still, Disney shares were 10% higher in premarket trading on Monday, a sign of confidence in the executive who led the company for 15 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b736275c9d040a6788faaadcf9ba819\" tg-width=\"1320\" tg-height=\"800\" width=\"100%\" height=\"auto\"/><span>Reuters Graphics Reuters Graphics</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115231495","content_text":"Nov 21 (Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead Walt Disney Co by cutting costs and restoring profits in just two years after splurging cash on acquisitions and a streaming business last time round.The entertainment giant shocked investors late on Sunday evening announcing the ouster of Chief Executive Bob Chapek and appointing Iger, 71, to a two-year contract to return the company to growth.The move evoked other return engagements such as Steve Jobs' return to Apple and Howard Schultz's return to Starbucks in times of crisis.\"The bold move (Iger's return) might feel like the right one. However, the business is at a different phase of growth,\" said PP Foresight analyst Paolo Pescatore, adding that short-term measures might include restriction of some operations.The most immediate target of that could be Disney+, the streaming service that Iger helped launch in 2019. Losses at the unit more than doubled in the last reported quarter to $1.5 billion.The business has become a drag on earnings as Disney spends heavily on content to attract subscribers, testing investor patience and contributing to a 40% slide in its shares so far this year.Reuters GraphicsReuters Graphics\"Disney+ ... could probably do better with fewer end-state subscribers made up of super fans willing to pay high RPU (rates per user), which would generate much higher margins,\" analysts at MoffettNathanson said.They also pointed to ESPN as another target for deep cost cuts, including a review of all the upcoming sports rights as the network loses cable subscribers.Activist investor Dan Loeb's Third Point had also pushed a potential spin-off of ESPN when it took a stake in the company in August, although it later backed off the idea.Some brokerages have also raised concern on whether the two-year period Iger has agreed to return for would be enough to transform the business and find a successor.\"The problem is that Iger can't stay on forever. He already bumbled the transition to Tom Staggs in 2016 and now (Bob) Chapek,\" Rosenblatt Securities said.Still, Disney shares were 10% higher in premarket trading on Monday, a sign of confidence in the executive who led the company for 15 years.Reuters Graphics Reuters Graphics","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961678709,"gmtCreate":1668957796101,"gmtModify":1676538131981,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9961678709","repostId":"2284377640","repostType":4,"repost":{"id":"2284377640","pubTimestamp":1668909887,"share":"https://www.laohu8.com/m/news/2284377640?lang=&edition=full","pubTime":"2022-11-20 10:04","market":"us","language":"en","title":"The Collapse of Carvana, the \"Amazon of Used Cars\", Continues","url":"https://stock-news.laohu8.com/highlight/detail?id=2284377640","media":"TheStreet","summary":"The sky is not clearing up for Carvana.On the contrary, big clouds continue to gather over the compa","content":"<html><head></head><body><p>The sky is not clearing up for Carvana.</p><p>On the contrary, big clouds continue to gather over the company which was one of the big winners of the covid-19 pandemic, with a massive growth.</p><p>Since announcing its quarterly results on November 3, <a href=\"https://laohu8.com/S/CVNA\">Carvana</a> shares have lost 44% of their value and are currently trading at $8.06 versus $14.35 on that day. This translates into a decline in market capitalization of approximately $1.1 billion in two weeks. Carvana currently has a market value of $1.43 billion.</p><p>The company, founded in 2012 and based in Arizona, took advantage of favorable conditions to market its new way of buying a car. The group&#39;s car vending machines stuck well with the pandemic, a period during which consumers wanted to avoid contact as much as possible, to limit their exposure to the virus.</p><p>The federal government had also flooded consumers with money via stimulus programs. Interest rates were almost zero, which meant that financing the purchase of a vehicle cost practically nothing.</p><p>Added to this, the supply chains of car manufacturers were disrupted, which made the production of new vehicles difficult. Faced with these challenges, consumers turned to the second-hand market as the waiting times for new vehicles were long. Used car prices therefore jumped, making it a good deal for Carvana.</p><p>Basically, all the winds were blowing in the right direction for the company.</p><h2>New Car or Used Car?</h2><p>But coming out of the pandemic, Carvana&#39;s fortunes seem to have turned completely. The used car market remains hot. But all the other factors have reversed. There is no more stimulus money. The central bank is aggressively raising interest rates and inflation is at its highest in forty years. The economy is also close to a recession more than ever, and the waves of job cuts follow one another. Used car prices remain high but financing the transaction has become very expensive for consumers. Supply chains have improved significantly, facilitating the production of new vehicles.</p><p>This was felt in the latest quarterly results from Carvana: In the third quarter, Carvana&#39;s revenue fell 2.7% year-on-year to $3.4 billion, while net loss jumped to $283 million from just $32 million in the third quarter of 2021, the company said in a letter to shareholders.</p><p>Used car sales in the U.S. fell almost 13% year-on-year, in the third quarter of 2022.</p><p>&#34;If you’re looking at newer used cars — models in the 1 to 3-year-old range, you may find that prices are still relatively close to what they sold for new,&#34; Consumer Reports said. &#34;If you have to borrow money to buy the car, it may be better to find a new car that can qualify you for a lower interest rate, to say nothing of the benefit of a fresh factory warranty. Many manufacturers subsidize financing and may offer interest rates that are much lower than normal to qualified buyers.&#34;</p><p>All this complicates the affairs of Carvana, which had to go into a $3.3 billion debt to finance the acquisition of auctioneer Adesa’s physical auction business this year.</p><p><img src=\"https://static.tigerbbs.com/a39e95e9bcb95dce41b92e3b967fc3a4\" tg-width=\"1200\" tg-height=\"800\" referrerpolicy=\"no-referrer\"/></p><p>Carvana</p><h2>Elimination of 1,500 Additional Jobs</h2><p>The group is therefore under enormous financial pressure.</p><p>&#34;Significant nearer-term operational and financial risks for Carvana have emerged and are likely to cloud the CVNA investment story for the foreseeable future,&#34; Oppenheimer analyst Brian Nagel  said in a note on November 15, downgrading the stock.</p><p>He added that &#34;we do not envision investors bidding CVNA meaningfully higher until prospects for a manageable and sustained capital base become clearer.&#34;</p><p>Nagel seems to confirm that Carvana has a liquidity problem which the group must address fairly quickly if it wants to stop the collapse. The company has between $6 billion and $7 billion in debt net of the cash on the balance sheet, according to FactSet.</p><p>But Carvana is not profitable: its adjusted EBITDA margin loss increased by 6.2% in the third quarter. EBITDA refers to earnings before interest, taxes, depreciation and amortization, which helps investors to gauge the financial health of a company.</p><p>The company is struggling to try to change things and delay as much as possible raising equity capital or adding more debt. Carvana, for example, is determined to drastically reduce costs. After cutting 2,500 jobs in May, the company has just announced an additional wave of layoffs which affects 8% of its workforce, or 1,500 employees.</p><p>&#34;It is fair to ask why this is happening again, and yet I am not sure I can answer it as clearly as you deserve,&#34; Chief Executive Officer Ernie Garcia told employees in an email on November 18. &#34;I think there are at least a couple of factors. The first is that the economic environment continues to face strong headwinds and the near future is uncertain. This is especially true for fast-growing companies and for businesses that sell expensive, often financed products where the purchase decision can be easily delayed like cars.&#34;</p><p>In addition, &#34;we failed to accurately predict how this would all play out and the impact it would have on our business. As a result, we find ourselves here.&#34;</p><p>The new cuts will affect &#34;many corporate and technology teams as well as some operations teams where we are eliminating roles, locations or shifts to match our size with the current environment,&#34; Garcia wrote.</p><p>Reached by <a href=\"https://laohu8.com/S/TST\">TheStreet</a>, Carvana didn&#39;t comment.</p><p><img src=\"https://static.tigerbbs.com/0dee827160e55924f9cbf9cf58c43dcd\" tg-width=\"1200\" tg-height=\"566\" referrerpolicy=\"no-referrer\"/></p><h2>Legal Issues</h2><p>The new job cuts come after ratings agency S&amp;P Global Ratings warned it was likely to downgrade Carvana in the near term, changing the outlook from stable to negative.</p><p>&#34;GPU [gross profit per unit] is expected to remain weak due to higher used car depreciation rates and lower returns from selling loans and other products,&#34; said the rating agency. &#34;Carvana generates over 50% of its GPU from selling loans and other products. With rising interest rates, it is more difficult for Carvana to compete with the large banks that can keep loan rates low, which will reduce the number of loans allocated to Carvana.&#34;</p><p>Garcia ruled out the option of raising capital on November 3.</p><p>&#34;Our goals are going to be on driving down expenses and trying to get positive EBITDA as quickly as we can,&#34; he told analysts. &#34;We&#39;ve got a bunch of committed liquidity. We&#39;ve got a bunch of real estate. And I think that we feel like that puts us in a good position to ride out this storm. And we&#39;re making great moves inside the company.&#34;</p><p>But apart from these financial difficulties, Carvana also faces legal challenges. The company is facing lawsuits from customers in multiple states involving alleged issues over titles and registration and over purchasing vehicles.</p><p>Michigan Secretary of State Jocelyn Benson also suspended the retailer&#39;s license, with Carvana suing in return.</p><p>Carvana has said the lawsuits are without merit and called the decision in Michigan &#34;arbitrary.&#34;</p></body></html>","source":"thestreet_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Collapse of Carvana, the \"Amazon of Used Cars\", Continues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Collapse of Carvana, the \"Amazon of Used Cars\", Continues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-20 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/technology/the-collapse-of-carvana-the-amazon-of-used-cars-continues><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The sky is not clearing up for Carvana.On the contrary, big clouds continue to gather over the company which was one of the big winners of the covid-19 pandemic, with a massive growth.Since announcing...</p>\n\n<a href=\"https://www.thestreet.com/technology/the-collapse-of-carvana-the-amazon-of-used-cars-continues\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","CVNA":"Carvana Co."},"source_url":"https://www.thestreet.com/technology/the-collapse-of-carvana-the-amazon-of-used-cars-continues","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284377640","content_text":"The sky is not clearing up for Carvana.On the contrary, big clouds continue to gather over the company which was one of the big winners of the covid-19 pandemic, with a massive growth.Since announcing its quarterly results on November 3, Carvana shares have lost 44% of their value and are currently trading at $8.06 versus $14.35 on that day. This translates into a decline in market capitalization of approximately $1.1 billion in two weeks. Carvana currently has a market value of $1.43 billion.The company, founded in 2012 and based in Arizona, took advantage of favorable conditions to market its new way of buying a car. The group's car vending machines stuck well with the pandemic, a period during which consumers wanted to avoid contact as much as possible, to limit their exposure to the virus.The federal government had also flooded consumers with money via stimulus programs. Interest rates were almost zero, which meant that financing the purchase of a vehicle cost practically nothing.Added to this, the supply chains of car manufacturers were disrupted, which made the production of new vehicles difficult. Faced with these challenges, consumers turned to the second-hand market as the waiting times for new vehicles were long. Used car prices therefore jumped, making it a good deal for Carvana.Basically, all the winds were blowing in the right direction for the company.New Car or Used Car?But coming out of the pandemic, Carvana's fortunes seem to have turned completely. The used car market remains hot. But all the other factors have reversed. There is no more stimulus money. The central bank is aggressively raising interest rates and inflation is at its highest in forty years. The economy is also close to a recession more than ever, and the waves of job cuts follow one another. Used car prices remain high but financing the transaction has become very expensive for consumers. Supply chains have improved significantly, facilitating the production of new vehicles.This was felt in the latest quarterly results from Carvana: In the third quarter, Carvana's revenue fell 2.7% year-on-year to $3.4 billion, while net loss jumped to $283 million from just $32 million in the third quarter of 2021, the company said in a letter to shareholders.Used car sales in the U.S. fell almost 13% year-on-year, in the third quarter of 2022.\"If you’re looking at newer used cars — models in the 1 to 3-year-old range, you may find that prices are still relatively close to what they sold for new,\" Consumer Reports said. \"If you have to borrow money to buy the car, it may be better to find a new car that can qualify you for a lower interest rate, to say nothing of the benefit of a fresh factory warranty. Many manufacturers subsidize financing and may offer interest rates that are much lower than normal to qualified buyers.\"All this complicates the affairs of Carvana, which had to go into a $3.3 billion debt to finance the acquisition of auctioneer Adesa’s physical auction business this year.CarvanaElimination of 1,500 Additional JobsThe group is therefore under enormous financial pressure.\"Significant nearer-term operational and financial risks for Carvana have emerged and are likely to cloud the CVNA investment story for the foreseeable future,\" Oppenheimer analyst Brian Nagel  said in a note on November 15, downgrading the stock.He added that \"we do not envision investors bidding CVNA meaningfully higher until prospects for a manageable and sustained capital base become clearer.\"Nagel seems to confirm that Carvana has a liquidity problem which the group must address fairly quickly if it wants to stop the collapse. The company has between $6 billion and $7 billion in debt net of the cash on the balance sheet, according to FactSet.But Carvana is not profitable: its adjusted EBITDA margin loss increased by 6.2% in the third quarter. EBITDA refers to earnings before interest, taxes, depreciation and amortization, which helps investors to gauge the financial health of a company.The company is struggling to try to change things and delay as much as possible raising equity capital or adding more debt. Carvana, for example, is determined to drastically reduce costs. After cutting 2,500 jobs in May, the company has just announced an additional wave of layoffs which affects 8% of its workforce, or 1,500 employees.\"It is fair to ask why this is happening again, and yet I am not sure I can answer it as clearly as you deserve,\" Chief Executive Officer Ernie Garcia told employees in an email on November 18. \"I think there are at least a couple of factors. The first is that the economic environment continues to face strong headwinds and the near future is uncertain. This is especially true for fast-growing companies and for businesses that sell expensive, often financed products where the purchase decision can be easily delayed like cars.\"In addition, \"we failed to accurately predict how this would all play out and the impact it would have on our business. As a result, we find ourselves here.\"The new cuts will affect \"many corporate and technology teams as well as some operations teams where we are eliminating roles, locations or shifts to match our size with the current environment,\" Garcia wrote.Reached by TheStreet, Carvana didn't comment.Legal IssuesThe new job cuts come after ratings agency S&P Global Ratings warned it was likely to downgrade Carvana in the near term, changing the outlook from stable to negative.\"GPU [gross profit per unit] is expected to remain weak due to higher used car depreciation rates and lower returns from selling loans and other products,\" said the rating agency. \"Carvana generates over 50% of its GPU from selling loans and other products. With rising interest rates, it is more difficult for Carvana to compete with the large banks that can keep loan rates low, which will reduce the number of loans allocated to Carvana.\"Garcia ruled out the option of raising capital on November 3.\"Our goals are going to be on driving down expenses and trying to get positive EBITDA as quickly as we can,\" he told analysts. \"We've got a bunch of committed liquidity. We've got a bunch of real estate. And I think that we feel like that puts us in a good position to ride out this storm. And we're making great moves inside the company.\"But apart from these financial difficulties, Carvana also faces legal challenges. The company is facing lawsuits from customers in multiple states involving alleged issues over titles and registration and over purchasing vehicles.Michigan Secretary of State Jocelyn Benson also suspended the retailer's license, with Carvana suing in return.Carvana has said the lawsuits are without merit and called the decision in Michigan \"arbitrary.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961678409,"gmtCreate":1668957788802,"gmtModify":1676538131981,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9961678409","repostId":"1181953314","repostType":4,"repost":{"id":"1181953314","pubTimestamp":1668916712,"share":"https://www.laohu8.com/m/news/1181953314?lang=&edition=full","pubTime":"2022-11-20 11:58","market":"us","language":"en","title":"Musk Considers Further Twitter Layoffs in Sales on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1181953314","media":"Bloomberg","summary":"Elon Musk is considering firing more Twitter Inc. employees as soon as Monday, this time targeting the sales and partnership side of the business after mass resignations among engineers on Thursday, a","content":"<html><head></head><body><p>Elon Musk is considering firing more Twitter Inc. employees as soon as Monday, this time targeting the sales and partnership side of the business after mass resignations among engineers on Thursday, according to people familiar with the matter.</p><p>Musk had offered Twitter employees an ultimatum: either stay on and work long hours in a more “hardcore” version of Twitter, or leave with severance pay. More employees in technical roles opted to leave than expected, compared to those in sales, partnerships and similar roles, said the people, who declined to be named discussing internal matters.</p><p>On Friday, Musk asked leaders in those organizations to agree to fire more employees. Robin Wheeler, who ran marketing and sales, refused to do so, the people said. So did Maggie Suniewick, who ran partnerships. Both lost their jobs as a result, the people added.</p><p>Wheeler and Suniewick didn’t respond to requests for comment. Twitter, which no longer has a communications department, did not respond to a message sent to its press line.</p><p>Wheeler earlier this month had decided to resign from Twitter, but was convinced to stay, people familiar with the matter said. She has helped Musk communicate with advertisers who are wary of Twitter’s changing policies and vision. Several major brands have said they are pausing spending on Twitter.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Considers Further Twitter Layoffs in Sales on Monday</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\">\nMusk Considers Further Twitter Layoffs in Sales on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-20 11:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-19/musk-considers-further-twitter-layoffs-in-sales-on-monday?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is considering firing more Twitter Inc. employees as soon as Monday, this time targeting the sales and partnership side of the business after mass resignations among engineers on Thursday, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-19/musk-considers-further-twitter-layoffs-in-sales-on-monday?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-19/musk-considers-further-twitter-layoffs-in-sales-on-monday?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181953314","content_text":"Elon Musk is considering firing more Twitter Inc. employees as soon as Monday, this time targeting the sales and partnership side of the business after mass resignations among engineers on Thursday, according to people familiar with the matter.Musk had offered Twitter employees an ultimatum: either stay on and work long hours in a more “hardcore” version of Twitter, or leave with severance pay. More employees in technical roles opted to leave than expected, compared to those in sales, partnerships and similar roles, said the people, who declined to be named discussing internal matters.On Friday, Musk asked leaders in those organizations to agree to fire more employees. Robin Wheeler, who ran marketing and sales, refused to do so, the people said. So did Maggie Suniewick, who ran partnerships. Both lost their jobs as a result, the people added.Wheeler and Suniewick didn’t respond to requests for comment. Twitter, which no longer has a communications department, did not respond to a message sent to its press line.Wheeler earlier this month had decided to resign from Twitter, but was convinced to stay, people familiar with the matter said. She has helped Musk communicate with advertisers who are wary of Twitter’s changing policies and vision. Several major brands have said they are pausing spending on Twitter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961678297,"gmtCreate":1668957780720,"gmtModify":1676538131973,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961678297","repostId":"1146905209","repostType":4,"repost":{"id":"1146905209","pubTimestamp":1668917027,"share":"https://www.laohu8.com/m/news/1146905209?lang=&edition=full","pubTime":"2022-11-20 12:03","market":"us","language":"en","title":"Fed’s Bostic Favors Slower Pace of Rate Hikes Ending Near 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1146905209","media":"Bloomberg","summary":"Bostic sees 75 to 100 basis points of additional tighteningAtlanta Fed leader wants to avoid undue d","content":"<html><head></head><body><ul><li>Bostic sees 75 to 100 basis points of additional tightening</li><li>Atlanta Fed leader wants to avoid undue dislocation in jobs</li></ul><p>Federal Reserve Bank of Atlanta President Raphael Bostic said he favors slowing the pace of interest rate increases, with no more than 1 percentage point more of hikes, to try to ensure the economy has a soft landing.</p><p>“If the economy proceeds as I expect, I believe that 75 to 100 basis points of additional tightening will be warranted,” Bostic said in prepared remarks for a speech in Fort Lauderdale, Florida, on Saturday. “It’s clear that more is needed, and I believe this level of the policy rate will be sufficient to rein in inflation over a reasonable time horizon.”</p><p>Bostic’s plan would shift away from 75 basis-point hikes and continue to raise rates to as much as 4.75%-5% over the next several meetings, which he described as a “moderately restrictive landing rate” where the Fed would hold go on hold for an extended period to continue to put downward pressure on prices.</p><p>Fed officials lifted interest rates by 75 basis points for the fourth straight time on Nov. 2, bringing the target on the benchmark rate to a range of 3.75% to 4%. Several policy makers have signaled they may consider a 50 basis-point increase when they meet in mid-December, depending on what happens with the economy.</p><p>“In terms of pacing, assuming the economy evolves as I expect in the coming weeks, I would be comfortable starting the move away from 75-basis-point increases at the next meeting,” Bostic told the Southern Economic Association annual meeting.</p><p>Bostic’s view of around 4.75% to 5% as a peak rate is less aggressive than some of his more hawkish colleagues. St. Louis Fed President James Bullard on Thursday called for rates of at least 5% to 5.25%, showing charts that outlined 5% to 7% as the policy rate that would be recommended using versions of a popular monetary policy guideline.</p><p>While Bostic repeated that there are “glimmers of hope” that supply disruptions are easing, he said inflation was a “mixed bag” and there was still more work needed to battle price pressures.</p><p>“My baseline outlook is that the macroeconomy will be strong enough that we can tighten policy to that point without causing undue dislocation in output and employment,” Bostic said.</p><p>“I do not think we should continue raising rates until the inflation level has gotten down to 2%. Because of the lag dynamics I discussed earlier, this would guarantee an overshoot and a deep recession,” he said.</p><p>Bostic said once policy reaches a sufficiently restrictive level, he envisions a lengthy pause in rates rather than a quick reversal, to ensure that inflation didn’t revive in a way similar to the experience of the 1970s. He called for policy makers to “remain purposeful and resolute” until inflation was brought down.</p><p>“If it turns out that that policy is not sufficiently restrictive to rein in inflation, then additional policy tightening actions may be appropriate,” Bostic said. “On the other hand, if economic conditions weaken appreciably -- for example, if unemployment rises uncomfortably -- it will be important to resist the temptation to react by reversing our policy course until it is clear that inflation is well on track to return to our longer-run target of 2%.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Bostic Favors Slower Pace of Rate Hikes Ending Near 5%</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\">\nFed’s Bostic Favors Slower Pace of Rate Hikes Ending Near 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-20 12:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-19/fed-s-bostic-favors-slower-pace-of-rate-hikes-ending-near-5?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bostic sees 75 to 100 basis points of additional tighteningAtlanta Fed leader wants to avoid undue dislocation in jobsFederal Reserve Bank of Atlanta President Raphael Bostic said he favors slowing ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-19/fed-s-bostic-favors-slower-pace-of-rate-hikes-ending-near-5?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-19/fed-s-bostic-favors-slower-pace-of-rate-hikes-ending-near-5?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146905209","content_text":"Bostic sees 75 to 100 basis points of additional tighteningAtlanta Fed leader wants to avoid undue dislocation in jobsFederal Reserve Bank of Atlanta President Raphael Bostic said he favors slowing the pace of interest rate increases, with no more than 1 percentage point more of hikes, to try to ensure the economy has a soft landing.“If the economy proceeds as I expect, I believe that 75 to 100 basis points of additional tightening will be warranted,” Bostic said in prepared remarks for a speech in Fort Lauderdale, Florida, on Saturday. “It’s clear that more is needed, and I believe this level of the policy rate will be sufficient to rein in inflation over a reasonable time horizon.”Bostic’s plan would shift away from 75 basis-point hikes and continue to raise rates to as much as 4.75%-5% over the next several meetings, which he described as a “moderately restrictive landing rate” where the Fed would hold go on hold for an extended period to continue to put downward pressure on prices.Fed officials lifted interest rates by 75 basis points for the fourth straight time on Nov. 2, bringing the target on the benchmark rate to a range of 3.75% to 4%. Several policy makers have signaled they may consider a 50 basis-point increase when they meet in mid-December, depending on what happens with the economy.“In terms of pacing, assuming the economy evolves as I expect in the coming weeks, I would be comfortable starting the move away from 75-basis-point increases at the next meeting,” Bostic told the Southern Economic Association annual meeting.Bostic’s view of around 4.75% to 5% as a peak rate is less aggressive than some of his more hawkish colleagues. St. Louis Fed President James Bullard on Thursday called for rates of at least 5% to 5.25%, showing charts that outlined 5% to 7% as the policy rate that would be recommended using versions of a popular monetary policy guideline.While Bostic repeated that there are “glimmers of hope” that supply disruptions are easing, he said inflation was a “mixed bag” and there was still more work needed to battle price pressures.“My baseline outlook is that the macroeconomy will be strong enough that we can tighten policy to that point without causing undue dislocation in output and employment,” Bostic said.“I do not think we should continue raising rates until the inflation level has gotten down to 2%. Because of the lag dynamics I discussed earlier, this would guarantee an overshoot and a deep recession,” he said.Bostic said once policy reaches a sufficiently restrictive level, he envisions a lengthy pause in rates rather than a quick reversal, to ensure that inflation didn’t revive in a way similar to the experience of the 1970s. He called for policy makers to “remain purposeful and resolute” until inflation was brought down.“If it turns out that that policy is not sufficiently restrictive to rein in inflation, then additional policy tightening actions may be appropriate,” Bostic said. “On the other hand, if economic conditions weaken appreciably -- for example, if unemployment rises uncomfortably -- it will be important to resist the temptation to react by reversing our policy course until it is clear that inflation is well on track to return to our longer-run target of 2%.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961678668,"gmtCreate":1668957774554,"gmtModify":1676538131973,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"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/9961678668","repostId":"2284038371","repostType":4,"repost":{"id":"2284038371","pubTimestamp":1668918242,"share":"https://www.laohu8.com/m/news/2284038371?lang=&edition=full","pubTime":"2022-11-20 12:24","market":"us","language":"en","title":"Qualcomm Vs. Nvidia: The Better Buy Might Shock You","url":"https://stock-news.laohu8.com/highlight/detail?id=2284038371","media":"Seeking Alpha","summary":"Do you dream of retiring in comfort or even splendor? Who doesn't?!Do you wish your retirement stand","content":"<html><head></head><body><p>Do you dream of retiring in comfort or even splendor? Who doesn&#39;t?!</p><p>Do you wish your retirement standard of living could be 100% free from the market&#39;s crazy gyrations? I know I do.</p><p>Does the idea of being able to count on steadily growing income in all market, economic, inflation, and interest rate conditions, sound appealing? It does to me.</p><p>Well then blue-chip dividend investing might be just what you&#39;re looking for.</p><p>When you hear &#34;dividend investing&#34; you probably think of boring, mature, and stable businesses like Altria (MO), Verizon (VZ) or Pepsi (PEP).</p><p>And while those are indeed wonderful ways to earn generous, very safe, and steadily growing income today, if you want to maximize long-term retirement income there is no better way than combining high-yield and fast-growth.</p><p>Why? Let&#39;s consider the examples of two fast-growing dividend chip stocks, QUALCOMM Incorporated (NASDAQ:QCOM) and NVIDIA Corporation (NASDAQ:NVDA).</p><p>Let&#39;s see what happens when we combine high-yield with fast-growth.</p><h4>Historical Total Returns Since 2011</h4><p><img src=\"https://static.tigerbbs.com/5abab739c65390aec9ecc4d8eb0e567b\" tg-width=\"640\" tg-height=\"185\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>Combining the world&#39;s best high-yield and growth exchange-traded funds (&#34;ETFs&#34;) with the growth and ultra-yield blue-chips created a far better performing portfolio over the last 11 years.</p><p><img src=\"https://static.tigerbbs.com/2027ec3b24edf389edb7de640c5e8ef0\" tg-width=\"640\" tg-height=\"125\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>But more importantly for income investors, it also delivered superior income over time.</p><h4>Income Growth Rich Retirement Dreams Are Made Of</h4><p></p><p><img src=\"https://static.tigerbbs.com/68784dfa5159ea8211a71a811b27e419\" tg-width=\"640\" tg-height=\"253\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><h4>Cumulative Dividends Since 2012: Per $1,000 Initial Investment</h4><table><colgroup></colgroup><tbody><tr><td><b>Metric</b></td><td><b>S&amp;P 500</b></td><td><b>SCHD</b></td><td><b>SCHD, QQQ, ENB, MO, NVDA, QCOM</b></td></tr><tr><td>Total Dividends</td><td>$471</td><td>$785</td><td>$1,177</td></tr><tr><td><b>Total Inflation-Adjusted Dividends</b></td><td><b>$359.54</b></td><td><b>$599.24</b></td><td><b>$898.47</b></td></tr><tr><td><b>Annualized Income Growth Rate</b></td><td><b>9.0%</b></td><td><b>15.3%</b></td><td><b>27.9%</b></td></tr><tr><td>Total Income/Initial Investment %</td><td>0.47</td><td>0.79</td><td>1.18</td></tr><tr><td><b>Inflation-Adjusted Income/Initial Investment %</b></td><td><b>0.36</b></td><td><b>0.60</b></td><td><b>0.90</b></td></tr><tr><td><b>More Inflation-Adjusted Income Than S&amp;P</b></td><td><b>NA</b></td><td><b>1.67</b></td><td><b>2.50</b></td></tr><tr><td><b>Starting Yield</b></td><td><b>2.5%</b></td><td><b>3.2%</b></td><td><b>2.7%</b></td></tr><tr><td>Today&#39;s Annual Dividend Return On Your Starting Investment (Yield On Cost)</td><td>5.9%</td><td>13.3%</td><td>31.7%</td></tr><tr><td><b>2022 Inflation-Adjusted Annual Dividend Return On Your Starting Investment (Inflation-Adjusted Yield On Cost)</b></td><td><b>4.5%</b></td><td><b>10.2%</b></td><td><b>24.2%</b></td></tr></tbody></table><p><i>(Source: Portfolio Visualizer Premium)</i></p><p>By combining yield and growth over the last 10 year income investors have enjoyed 28% annual income growth, 2X better than Schwab U.S. Dividend Equity ETF (SCHD), and 3X better than the S&amp;P 500 (SP500).</p><p>They&#39;ve gotten back 90% of their initial investment in inflation-adjusted dividends, and enjoyed 2.5X more income than the S&amp;P 500 and 50% more income than SCHD alone.</p><p>And for every $1 invested in 2011 they are now getting $.24 in annual inflation-adjusted dividends, and that&#39;s growing exponentially each year.</p><ul><li>SCHD investors are getting $0.1 in annual income per $1 investment</li><li>S&amp;P 500 investors $0.05.</li></ul><p>Ok, so that&#39;s fine for those with 10+ years to invest, but surely retirees should stick to high-yield only right? WRONG!</p><p>Unless you expect to drop dead in 10 years let&#39;s not forget that retirements last a long time.</p><p><img src=\"https://static.tigerbbs.com/872a8106a46bdef537bd2736d27566c0\" tg-width=\"640\" tg-height=\"406\" referrerpolicy=\"no-referrer\"/></p><p>Hamilton Project</p><p>22% of U.S. men can expect to live to 90 and 34% of woman.</p><p>In other words, even if you&#39;re already retired chances are very good that you have a 10+ year, or even 30 to 40 year time horizon.</p><p>And that&#39;s where the power of fast dividend compounding really shines.</p><p>How powerful is hyper-dividend compounding over 35 years?</p><p><b>MO + LOW Cumulative Dividends Since 1985 Per $1,000 Initial Investment </b></p><table><colgroup></colgroup><tbody><tr><td><b>Metric</b></td><td><b>Altria</b></td><td><b>Lowe&#39;s</b></td><td><b>Altria + Lowe&#39;s</b></td></tr><tr><td>Total Dividends</td><td>$282,584</td><td>$37,611</td><td>$286,519</td></tr><tr><td><b>Total Inflation-Adjusted Dividends</b></td><td><b>$100,563.70</b></td><td><b>$13,384.70</b></td><td><b>$101,964.06</b></td></tr><tr><td>Annualized Income Growth Rate</td><td>18.8%</td><td>18.2%</td><td>21.7%</td></tr><tr><td>Total Income/Initial Investment %</td><td>282.58</td><td>37.61</td><td>286.52</td></tr><tr><td>Inflation-Adjusted Income/Initial Investment %</td><td>100.56</td><td>13.38</td><td>101.96</td></tr><tr><td>More Inflation-Adjusted Income Than Altria</td><td>NA</td><td>0.13</td><td>1.01</td></tr><tr><td>Starting Yield</td><td>4.8%</td><td>1.4%</td><td>3.0%</td></tr><tr><td>Today&#39;s Annual Dividend Return On Your Starting Investment (Yield On Cost)</td><td>2774.0%</td><td>682.5%</td><td>4350.4%</td></tr><tr><td><i><b>Today&#39;s Inflation-Adjusted Annual Dividend Return On Your Starting Investment (Inflation-Adjusted Yield On Cost)</b></i></td><td><i><b>987.2%</b></i></td><td><i><b>242.9%</b></i></td><td><i><b>1548.2%</b></i></td></tr></tbody></table><p><i>(Source: Portfolio Visualizer Premium)</i></p><p>You can enjoy 100X your initial investment in inflation-adjusted income and achieve truly mind boggling income by combining ultra-yield with hyper-dividend growth.</p><p>And guess what? Combining yield + hyper-growth, even without dividends can be even more powerful.</p><p><b>MO + AMZN Cumulative Dividends Since 1998 Per $1,000 Initial Investment </b></p><table><colgroup></colgroup><tbody><tr><td><b>Metric</b></td><td><b>Altria</b></td><td><b>Altria + Amazon</b></td></tr><tr><td>Total Dividends</td><td>$3,034.00</td><td>$101,408.00</td></tr><tr><td><b>Total Inflation-Adjusted Dividends</b></td><td><b>$1,657.92</b></td><td><b>$55,414.21</b></td></tr><tr><td><b>Annualized Income Growth Rate</b></td><td><b>3.31%</b></td><td><b>27.96%</b></td></tr><tr><td>Total Income/Initial Investment %</td><td>3.034</td><td>101.408</td></tr><tr><td>Inflation-Adjusted Income/Initial Investment %</td><td>1.657923497</td><td>55.41420765</td></tr><tr><td><b>More Inflation-Adjusted Income Than Altria</b></td><td><b>NA</b></td><td><b>33.4</b></td></tr><tr><td><b>Starting Yield</b></td><td><b>3.80%</b></td><td><b>4.10%</b></td></tr><tr><td>Today&#39;s Annual Dividend Return On Your Starting Investment (Yield On Cost)</td><td>8.30%</td><td>1523.50%</td></tr><tr><td><b>2022 Inflation-Adjusted Annual Dividend Return On Your Starting Investment (Inflation-Adjusted Yield On Cost)</b></td><td><b>4.54%</b></td><td><b>832.51%</b></td></tr></tbody></table><p><i>(Source: Portfolio Visualizer Premium) MO&#39;s dividend growth is low because of the 2007 and 2008 spin-offs. </i></p><p>Had you bought both AMZN and MO back in 1997, reinvested dividends, and rebalanced annually, today you&#39;ve received 33X more inflation-adjusted income over the last 24 years.</p><p>28% annual income growth means a 208X higher inflation-adjusted yield on cost.</p><p>Income growth over time tends to track total returns, so you want to make sure that you&#39;re dividend portfolio is likely to generate strong returns. Not just to keep up with inflation (2.3% long-term according to the bond market).</p><p>You want your standard of living to keep rising in retirement, no matter how long you live.</p><p>And that&#39;s where growth stocks like QCOM and NVDA can help.</p><p>Several members have asked for an update on those chip titans and after carefully examining both companies most recent fundamentals I have come to a surprising conclusion.</p><p>At the moment, Nvidia is the far better chip dividend stock to buy, for anyone looking to maximize long-term income. Let me show you why.</p><h2>Qualcomm: A Wonderful World-Beater Facing A Slower Growth Future</h2><p></p><p><img src=\"https://static.tigerbbs.com/67fe0662e4bfe81da07f04ec434355c1\" tg-width=\"640\" tg-height=\"458\" referrerpolicy=\"no-referrer\"/></p><p>Ycharts</p><p>Chip makers are up 26% in the last month, though that&#39;s only after getting crushed in a ferocious bear market.</p><p><img src=\"https://static.tigerbbs.com/79d69773b50a5e03a69596f13a83839f\" tg-width=\"640\" tg-height=\"209\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>Nvidia fell as much as 63% in this bear market (so far). That&#39;s its 3rd worst bear market in history.</p><p></p><p><img src=\"https://static.tigerbbs.com/9d99f60aeb036e67477e9669c4db6f92\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>QCOM has fallen as much as 37% in this bear market, also it&#39;s 3rd worst bear market.</p><blockquote>Smartphone Weakness Finally Catches Up to Qualcomm As Inventories Build</blockquote><blockquote>Qualcomm’s guidance includes an estimated negative impact of about $2 billion in revenue due to weaker demand, foreign exchange headwinds, and excess inventories.&#34; - Morningstar</blockquote><p>One year ago, chip makers were the darlings of Wall Street. The Pandemic supply chain disruptions caused a chip shortage, while record $30 trillion in global stimulus caused a boom in demand for physical goods. Many of which require computer chips.</p><p>Some in the industry were even talking about a permanent industry shift, from cyclical boom and bust cycles, to a world in which chip makers could deliver steady, tech utility like secular growth.</p><p>Well, scratch that idea. It turns out chips are still a cyclical industry and smartphone demand is falling rapidly as the global economy weakens.</p><ul><li><h3>Samsung’s profit drops by more than 30% on weakening memory chip demand</h3></li></ul><blockquote>Qualcomm said it expects its mobile-phone handset business to fall In &#34;a low double-digit percentage range&#34; this year from last year. The company had earlier forecast a &#34;mid-single-digit percentage decline&#34; from 2021.&#34; - Seeking Alpha</blockquote><p>As early as Q2 QCOM&#39;s sales were soaring 36% on the back of strong smartphone demand.</p><p>Now they are expected to decline and so are earnings.</p><p><img src=\"https://static.tigerbbs.com/ce66de408aab5b717a5b2bb68b0810e5\" tg-width=\"640\" tg-height=\"473\" referrerpolicy=\"no-referrer\"/></p><p>FactSet Research Terminal</p><p>After exploding higher during the pandemic, QCOM&#39;s earnings are expected to:</p><ul><li>fall 8% in 2023</li><li>grow 11% in 2024</li><li>2% EPS growth from 2022 to 2024.</li></ul><p>QCOM&#39;s licensing business, which generates incredible 73% operating margins, isn&#39;t expected to grow in the future, though its 263,708 patents are still expected to mint free cash flow for years to come.</p><p>At least in the short-term analysts growth outlooks have dimmed for QCOM which is now expected to grow around 8% over the long-term, after we get past the 2023 recession.</p><p><img src=\"https://static.tigerbbs.com/ac98516ffd9c404ce1f26b009c14b7be\" tg-width=\"165\" tg-height=\"230\" referrerpolicy=\"no-referrer\"/></p><p>FAST Graphs, FactSet<img src=\"https://static.tigerbbs.com/6bfc4e00ba39fff6f4d44310dcc87e53\" tg-width=\"161\" tg-height=\"222\" referrerpolicy=\"no-referrer\"/></p><p>FAST Graphs, FactSet</p><p><img src=\"https://static.tigerbbs.com/53aa912a1d243b464b584069d100822f\" tg-width=\"154\" tg-height=\"223\" referrerpolicy=\"no-referrer\"/></p><p>FAST Graphs, FactSet<img src=\"https://static.tigerbbs.com/a5085ebb2648b58f1f0759749655f78d\" tg-width=\"151\" tg-height=\"227\" referrerpolicy=\"no-referrer\"/></p><p>FAST Graphs, FactSet</p><p>Is QCOM likely to actually grow at 8% over time? Which would make the total return outlook rather uninspiring?</p><table><colgroup></colgroup><tbody><tr><td>Investment Strategy</td><td>Yield</td><td>LT Consensus Growth</td><td>LT Consensus Total Return Potential</td><td>Long-Term Risk-Adjusted Expected Return</td><td>Long-Term Inflation And Risk-Adjusted Expected Returns</td><td>Years To Double Your Inflation &amp; Risk-Adjusted Wealth</td><td><p>10-Year Inflation And Risk-Adjusted Expected Return</p></td></tr><tr><td>Nasdaq</td><td>0.8%</td><td>11.8%</td><td>12.6%</td><td>8.8%</td><td>6.5%</td><td>11.0</td><td>1.88</td></tr><tr><td><a href=\"https://laohu8.com/S/SCHD\">Schwab US Dividend Equity ETF</a></td><td>3.6%</td><td>8.5%</td><td>12.1%</td><td>8.4%</td><td>6.1%</td><td>11.8</td><td>1.81</td></tr><tr><td>Dividend Aristocrats</td><td>2.6%</td><td>8.5%</td><td>11.1%</td><td>7.8%</td><td>5.4%</td><td>13.2</td><td>1.70</td></tr><tr><td>S&amp;P 500</td><td>1.8%</td><td>8.5%</td><td>10.3%</td><td>7.2%</td><td>4.9%</td><td>14.8</td><td>1.61</td></tr><tr><td><b>Qualcomm</b></td><td><b>2.4%</b></td><td><b>7.8%</b></td><td><b>10.2%</b></td><td><b>7.1%</b></td><td><b>4.8%</b></td><td><b>15.0</b></td><td><b>1.60</b></td></tr></tbody></table><p><i>(Source: DK Research Terminal, FactSet)</i></p><p>If analysts are right, then QCOM might merely match the market going forward.</p><p>But I don&#39;t actually expect QCOM to grow at just 8% in the future, and here are two reasons why.</p><p></p><p><img src=\"https://static.tigerbbs.com/30bdacaec1f98fc2eb5d92a3eb153e11\" tg-width=\"640\" tg-height=\"159\" referrerpolicy=\"no-referrer\"/></p><p>Investor presentation</p><p>QCOM&#39;s addressable market is expected to grow from $100 billion per year (43% market share) to $700 billion in the next decade. QCOM is diversifying into cloud computing, driverless cars, and the internet of things or IOT.</p><p>This makes me think that the recent decline in growth outlook is due to the recent cyclical downturn, which often happens with chip makers.</p><p><img src=\"https://static.tigerbbs.com/9747d6d688ce9297cc0103ae347c27e2\" tg-width=\"640\" tg-height=\"453\" referrerpolicy=\"no-referrer\"/></p><p>Ycharts</p><p>However, in the short-term QCOM investors are going to have to be patient, because the recent face-ripping rally has reduced the total return potential for the next few years.</p><p><img src=\"https://static.tigerbbs.com/befa76d7c9d62162913273291a116352\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\"/></p><p>Ycharts</p><p>QCOM has rallied 21% off its November 3rd lows, and combined with a weak global growth outlook for 2023, means that short-term growth prospects are rather weak.</p><p>But that doesn&#39;t mean that QCOM isn&#39;t a potentially attractive buy.</p><ul><li>fair value: $163.92</li><li>current price: $126.02</li><li><b>discount to fair value: 23%</b></li><li><b>DK rating: potentially strong buy.</b></li></ul><p></p><p><img src=\"https://static.tigerbbs.com/5d424fe27b124f6e474c19d42ac832ae\" tg-width=\"640\" tg-height=\"368\" referrerpolicy=\"no-referrer\"/></p><p>FactSet Research Terminal</p><p>QCOM is trading at 11.4X consensus trough earnings, and just 9.3X cash-adjusted trough earnings.</p><p>That means it&#39;s pricing in approximately 1.6% CAGR long-term growth, far below the 7.8% analysts currently expect.</p><h4><b>Qualcomm 2024 Consensus Return Potential </b></h4><p></p><p><img src=\"https://static.tigerbbs.com/9077fd745b5fe7442c68b30862a3eaa2\" tg-width=\"640\" tg-height=\"274\" referrerpolicy=\"no-referrer\"/></p><p>FAST Graphs, FactSet</p><p>Which means that if QCOM grows as expected and returns to historical market-determined fair value it could deliver Buffett-like 19% annual returns over the next three years.</p><ul><li>about 2X the S&amp;P consensus</li></ul><h4><b>Qualcomm 2028 Consensus Return Potential</b></h4><p><img src=\"https://static.tigerbbs.com/0558e4ce2c146ab3b7ce7239e041cd2d\" tg-width=\"640\" tg-height=\"303\" referrerpolicy=\"no-referrer\"/></p><p>FAST Graphs, FactSet</p><p>Even with just 3.5% annual EPS growth expected through 2028, QCOM could more than double your money, delivering 14% annual returns, about 2X the S&amp;P consensus.</p><p>Or to put another way, if you buy QCOM today, you get an Ultra-SWAN quality dividend growth powerhouse, that could more than double your money as we wait to see if QCOM&#39;s growth outlook improves in the future.</p><p></p><p><img src=\"https://static.tigerbbs.com/3196bed203f1ac1f0e409a8c19f29a3f\" tg-width=\"640\" tg-height=\"94\" referrerpolicy=\"no-referrer\"/></p><p>FAST Graphs, FActSet</p><p>QCOM has been paying a dividend for 19 consecutive years, and raised it every year. The dividend growth rate has been a stellar 20% annually and its delivered close to 14% annual returns.</p><ul><li>the current five year consensus return forecast.</li></ul><p>I think long-term QCOM should be able to continue delivering 13% to 14% long-term returns, which makes it worth buying today, or at least holding it if you already own it.</p><ul><li>13% to 14% long-term returns is better than SCHD, the S&amp;P, dividend aristocrats, and the Nasdaq.</li></ul><h4>Qualcomm Investment Decision Score</h4><p><img src=\"https://static.tigerbbs.com/4e9bd4292ef2e7e5731cd633b4998777\" tg-width=\"640\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/></p><p>DK<img src=\"https://static.tigerbbs.com/37f29c106559f4ad320cb69a3c28da63\" tg-width=\"640\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><p>Dividend Kings Automated Investment Decision Tool</p><p>QCOM might not be a table-pounding buy compared to the S&amp;P 500, but it&#39;s still a satisfactory one that&#39;s offering:</p><ul><li>superior and safer yield</li><li>a faster-growing dividend</li><li>better medium-term total returns</li><li>66% better risk-adjusted expected returns</li><li>30% higher income potential over the next five years than the S&amp;P</li></ul><h2>NVIDIA: A Chip Specialist Facing A Cyclical Downturn But Whose Hyper-Growth Outlook Remains Intact</h2><p>NVDA fell off a cliff when the Biden Administration announced export controls on chips to China.</p><p>Fortunately the company adapted quickly and has already announced new export control compliant chips.</p><p><img src=\"https://static.tigerbbs.com/e9acc1f5a652b10b06cb686a4f3128c0\" tg-width=\"640\" tg-height=\"443\" referrerpolicy=\"no-referrer\"/></p><p>Ycharts</p><p>News like that, along with the overall &#34;risk on&#34; sentiment in stocks, has helped drive NVDA up 44% in recent weeks.</p><p>This isn&#39;t surprising given that NVDA is a very volatile stock, historically 2.2X more volatile than the S&amp;P 500.</p><h4>Nvidia Rolling Returns Since Feb 1999 IPO</h4><p><img src=\"https://static.tigerbbs.com/3d3defbbc0997112ddbde7a6f2bca1a0\" tg-width=\"640\" tg-height=\"150\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>Gut churning volatility cuts both ways, with 90% crashes followed by 751% one year rallies.</p><p>From bear market lows NVDA is capable of:</p><ul><li>140% annual returns for 3 years = 13.8X in 3 years</li><li>89% annual returns for five years = 24.1X in five years</li><li>81% annual returns for seven years = 64.9X in seven years</li><li>47% annual returns for 10 years = 92.4X in 10 years</li><li>34% annual returns for 15 years = 77.1X in 15 years.</li></ul><p>The question investors need answered today, is what does NVDA&#39;s long-term outlook like now that the U.S. and China are in an economic cold war?</p><blockquote>Nvidia&#39;s Data Center Business Drives the Firm&#39;s Wide Moat Rating</blockquote><blockquote>Nvidia is the top designer of discrete graphics processing units that enhance the visual experience on computing platforms. The firm&#39;s chips are used in a variety of end markets, including high-end PCs for gaming and data centers.&#34; - Morningstar</blockquote><p>NVDA might have started out focused on gaming PCs, but it&#39;s now at the forefront of some of the world&#39;s best secular growth trends.</p><ul><li>cloud computing</li><li>AI</li><li>driverless cars</li><li>automation.</li></ul><p><img src=\"https://static.tigerbbs.com/dc6801dafd36eaa41110bce2bee51efb\" tg-width=\"640\" tg-height=\"318\" referrerpolicy=\"no-referrer\"/></p><p>investor presentation</p><p>Management estimates NVDA&#39;s total addressable market is $1 trillion per year (2.7% market share) and those markets are the backbone of the entire $100 trillion global economy.</p><blockquote>The acquisition of Mellanox has helped diversify Nvidia’s end-market exposure, and we suspect the firm will derive over half of revenue from the data center segment going forward, which should help mitigate some of the volatility Nvidia has faced in its gaming and cryptocurrency mining-related sales over the past few years.&#34; - Morningstar</blockquote><p>NVDA has been diversifying away from gaming for years, and Morningstar thinks they could soon get over 50% of sales from datacenters, a far more stable business.</p><p><img src=\"https://static.tigerbbs.com/d6d8a7f017af371ef6cc2091c3cce253\" tg-width=\"640\" tg-height=\"167\" referrerpolicy=\"no-referrer\"/></p><p>FactSet Research Terminal</p><p>Analysts are even more bullish on the datacenter business, expecting it to triple in the next five years.</p><ul><li>25% annual growth rate.</li></ul><p>By 2027 analysts think 73% of NVDA&#39;s sales will be coming from datacenters.</p><p>Why? Because datacenters are enterprise and big businesses don&#39;t mind spending millions on the best hardware if it saves them money in the long-term.</p><p>What kind of businesses are NVDA&#39;s datacenter customers?</p><p><img src=\"https://static.tigerbbs.com/19525a0bcbf34d91c2eab5c4b5987e45\" tg-width=\"518\" tg-height=\"810\" referrerpolicy=\"no-referrer\"/></p><p>investor presentation</p><p>NVDA&#39;s datacenter customers have deep pockets and are expected to help drive incredible long-term growth. How incredible?</p><p></p><p><img src=\"https://static.tigerbbs.com/117a0f71158d9a01f27455ae2f8895f5\" tg-width=\"640\" tg-height=\"204\" referrerpolicy=\"no-referrer\"/></p><p>FactSet Research Terminal</p><p>How about tripling earnings in five years, and 18% long-term earnings growth?</p><ul><li>20% to 78% CAGR growth over the last 20 years.</li></ul><p>Given NVDA&#39;s massive $1 trillion addressable market, and dominance in advanced GPUs (the &#34;super chips&#34; that drive the future) I consider 18% long-term growth a reasonable estimate from all 46 analysts who cover it.</p><p>What does that potentially mean for investors?</p><table><colgroup></colgroup><tbody><tr><td>Investment Strategy</td><td>Yield</td><td>LT Consensus Growth</td><td>LT Consensus Total Return Potential</td><td>Long-Term Risk-Adjusted Expected Return</td><td>Long-Term Inflation And Risk-Adjusted Expected Returns</td><td>Years To Double Your Inflation &amp; Risk-Adjusted Wealth</td><td><p>10-Year Inflation And Risk-Adjusted Expected Return</p></td></tr><tr><td><b>Nvidia</b></td><td><b>0.1%</b></td><td><b>17.7%</b></td><td><b>17.8%</b></td><td><b>12.5%</b></td><td><b>10.1%</b></td><td><b>7.1</b></td><td><b>2.62</b></td></tr><tr><td>Nasdaq</td><td>0.8%</td><td>11.8%</td><td>12.6%</td><td>8.8%</td><td>6.5%</td><td>11.0</td><td>1.88</td></tr><tr><td>Schwab US Dividend Equity ETF</td><td>3.6%</td><td>8.5%</td><td>12.1%</td><td>8.4%</td><td>6.1%</td><td>11.8</td><td>1.81</td></tr><tr><td>Dividend Aristocrats</td><td>2.6%</td><td>8.5%</td><td>11.1%</td><td>7.8%</td><td>5.4%</td><td>13.2</td><td>1.70</td></tr><tr><td>S&amp;P 500</td><td>1.8%</td><td>8.5%</td><td>10.3%</td><td>7.2%</td><td>4.9%</td><td>14.8</td><td>1.61</td></tr><tr><td><b>Qualcomm</b></td><td><b>2.4%</b></td><td><b>7.8%</b></td><td><b>10.2%</b></td><td><b>7.1%</b></td><td><b>4.8%</b></td><td><b>15.0</b></td><td><b>1.60</b></td></tr></tbody></table><p><i>(Sources: DK Research Terminal, FactSet, Morningstar, Ycharts)</i></p><p>Analysts expect Buffett-like 18% long-term returns from NVDA, not much bellow its 22% CAGR rolling 15-year returns since 1999.</p><p>In other words:</p><ul><li>QCOM is struggling with several slow years of growth due to cyclical headwinds</li><li>NVDA&#39;s growth engine is firing on all cylinders thanks to its dominance of super chip GPUs driving the future of the world economy</li></ul><p>OK, so NVDA is the best chip stock right? And clearly better than QCOM? Not necessarily.</p><h2>The Biggest Problem Income Investors Will Have With Nvidia</h2><p>What is there to not love about NVDA? Is it the balance sheet?</p><ul><li>A stable credit rating from S&amp;P = 0.66% 30-year bankruptcy risk</li><li>$11 billion in net cash on the balance sheet</li><li>$6.6 billion in annual free cash flow.</li></ul><p>No, NVDA&#39;s balanced sheet is a fortress and it&#39;s a free cash flow minting machine.</p><p>No, the biggest issue about NVDA is how stingy management is with the dividend.</p><p></p><p><img src=\"https://static.tigerbbs.com/aaab450b786d3fc8033addc276f49980\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\"/></p><p>FAST Graphs, FactSet</p><p>NVDA&#39;s overall dividend growth rate is expectational, 27% CAGR since it began paying on in 2013. And its 52% CAGR annual total returns over that time period put even Amazon (AMZN) to shame.</p><p>But note how the dividend growth rate began slowing in 2018 and it hasn&#39;t raised its dividend for two years. The free cash flow (&#34;FCF&#34;) payout ratio has fallen to 5%, 1/10th the credit rating safety guideline for this industry.</p><p>NVDA&#39;s dividend yield is 0.1% and even if management were to take the payout ratio to the 50% safety guideline it would be just 1%, far below other world-beater blue-chip dividend chip stocks.</p><ul><li>Broadcom (AVGO): 3.2%</li><li>Texas Instruments (TXN): 2.8%</li><li>Qualcomm: 2.4%.</li></ul><p><img src=\"https://static.tigerbbs.com/3ed8059fb756ebb0208f4a9255da8fcf\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\"/></p><p>FactSet Research Terminal</p><p>Value investors might also be uncomfortable with a company trading at 38X forward earnings.</p><ul><li>cash-adjusted P/E is 29X</li></ul><p>What is NVDA&#39;s fair value?</p><ul><li>NVDA fair value: $136.39</li><li>current price: $160.55</li><li>discount to fair value: -18%</li><li>DK rating: hold.</li></ul><p>NVDA&#39;s 45% rally in recent weeks meant the margin of safety went from 21% to -18%.</p><p>Today NVDA is at a premium price that means a lot of downside risk for one of the most volatile world-beater tech blue-chips in the world.</p><p>If the 2023 recession causes earnings estimates to come down in the coming quarters? Then NVDA could suffer a sharp decline like these.</p><h4>Nvidia In The 2022 Bear Market</h4><p></p><p><img src=\"https://static.tigerbbs.com/1fb0d9fdc2e84efd099a075dc786d759\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p></p><p>In the past year alone NVDA has suffered double-digit monthly declines no less than six times, including 32% crash in April.</p><h4>Nvidia In The Pandemic</h4><p></p><p><img src=\"https://static.tigerbbs.com/9a5e4c84cd9a33c4eb1344645e4d9e02\" tg-width=\"640\" tg-height=\"113\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>Nvidia held up well in the Pandemic, as did most tech stocks.</p><ul><li>The Nasdaq 100 fell just 12% while the S&amp;P fell 34%.</li></ul><p>But NVDA&#39;s crashes are the stuff of legend, and anyone owning it should be prepared for truly gut-wrenching volatility in the future. What kind of volatility?</p><h4>Nvidia In The 2018 Bear Market</h4><p><img src=\"https://static.tigerbbs.com/35a727821abe6d4024c68205c4a25cc4\" tg-width=\"640\" tg-height=\"149\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>Imagine a stock you own falls 25% in a month, then 22% the next month, and then another 18% the following month.</p><p>That&#39;s what happened in the 2018 bear market.</p><ul><li>53% decline in 3 months</li><li>S&amp;P fell 21%.</li></ul><p>And that was just the 4th largest bear market in NVDA&#39;s history.</p><ul><li>it&#39;s suffered six 40+% crashes in the last 23 years</li><li>averaging once every four years.</li></ul><h4>Nvidia In The 2011 Bear Market</h4><p></p><p><img src=\"https://static.tigerbbs.com/2451a52de33e3efbd62756ec8aae19d2\" tg-width=\"640\" tg-height=\"209\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>Compared to some its crashes, the 2011 bear market decline of 38% was relatively tame.</p><h4>Nvidia In The Great Recession</h4><p><img src=\"https://static.tigerbbs.com/4be365a32a8f24d156b47fe1ce741ea2\" tg-width=\"640\" tg-height=\"424\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>NVDA dell 80% during the Great Recession, including falling almost 40% in July 2008. It fell 54% from June to July of 2008, a level of volatility that only those who owned it in a diversified portfolio could stomach.</p><h4>Nvidia Pre-Tech Crash</h4><p></p><p><img src=\"https://static.tigerbbs.com/b85abd332be6f5f0eee3a6ed3ed98348\" tg-width=\"640\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p>Even before the tech crash of 2000 to 2002, NVDA was capable of falling 32% in a single month.</p><h4>Nvidia During The Tech Crash</h4><p></p><p><img src=\"https://static.tigerbbs.com/f482c390124c7ab2212d687c4ad53ccf\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium<img src=\"https://static.tigerbbs.com/34faa537584a4beab097d4a2e14c2f34\" tg-width=\"640\" tg-height=\"301\" referrerpolicy=\"no-referrer\"/></p><p>Portfolio Visualizer Premium</p><p></p><p>If you think a 45% one month rally means NVDA is out of the woods, you&#39;re wrong.</p><p>During the Tech Crash NVDA had nine 20+% single month rallies.</p><p>That includes nearly tripling from October 2001 to December 2001.</p><p>NVDA then proceeded to fall nine straight months, a total of 87%, including getting cut in half in June 2002.</p><ul><li>after already falling 50% in the previous five months</li><li>and then it fell another 50% before bottoming in September of 2022.</li></ul><p>So what if you buy NVDA today? At a 17% historical premium? Will you regret it? That depends on your time horizon. Over the next few months? Probably you&#39;re in for a wild wide...to the downside.</p><ul><li>2023 recession is expected to cause the market to bottom at 3,000 to 3,400 between Q1 of 2023 and Q4 of 2024.</li></ul><p>But in the medium-term and long-term?</p><h4>Nvidia 2025 Consensus Total Return Potential</h4><p></p><p><img src=\"https://static.tigerbbs.com/d1c252be18bc5c5c6ab04785c41297a7\" tg-width=\"640\" tg-height=\"278\" referrerpolicy=\"no-referrer\"/></p><p>(Source: FAST Graphs, FactSet)</p><p>NVDA&#39;s P/E peaked in the Pandemic bubble at 82X, compared to a historical market-determined fair value of 32.</p><p>It&#39;s 60% collapse brought it back to historical fair value and then it rallied 45% and became 18% overvalued. Despite strong growth in 2024 and 2025, it&#39;s consensus return potential is effectively zero.</p><h4>NVIDIA 2028 Consensus Total Return Potential</h4><p></p><p><img src=\"https://static.tigerbbs.com/33eed1944ddaef0cf8144129739a81a7\" tg-width=\"640\" tg-height=\"298\" referrerpolicy=\"no-referrer\"/></p><p>(Source: FAST Graphs, FactSet)</p><p>NVDA&#39;s growth rate is so strong that it might almost double even from today&#39;s 18% historical premium.</p><ul><li>approximately 2X the S&amp;P consensus.</li></ul><p>But if those estimates come down then NVDA investors could be in for a rough and highly volatile few years.</p><h4>Nvidia Investment Decision Score</h4><p></p><p><img src=\"https://static.tigerbbs.com/4e9bd4292ef2e7e5731cd633b4998777\" tg-width=\"640\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/></p><p>DK</p><p><img src=\"https://static.tigerbbs.com/50cbbe0e07e810009a9c363f88f22c6c\" tg-width=\"640\" tg-height=\"325\" referrerpolicy=\"no-referrer\"/></p><p>Dividend Kings Automated Investment Decision Tool</p><p>NVDA today, even at an 18% premium, is a superior choice compared to the S&amp;P 500.</p><ul><li>higher risk-adjusted expected return than the S&amp;P over the next five years</li><li>80% higher long-term annual return potential</li></ul><h2>Bottom Line: Nvidia Is The Far Better Growth Stock But Qualcomm Is The Far Better Buy Today</h2><p>When it comes to maximizing safe long-term income, combining hyper-growth with high-yield is the single best strategy.</p><p>And that&#39;s why blue-chip income investors love companies like QCOM and NVDA, which can turbocharge their long-term income growth rates.</p><ul><li>SCHD delivered 15% annual income growth over the last decade</li><li>SCHD, QQQ, MO, ENB, QCOM, and NVDA delivered 28% CAGR</li><li>and 50% more overall inflation-adjusted income.</li></ul><p>And when it comes to the issue of which chip titan is the better growth stock, it looks like NVDA is the hands down winner.</p><ul><li>a 10X bigger addressable market today (though QCOM is planning to catch up 70% of the way within a decade)</li><li>2x the median growth consensus</li><li>historically 7% higher annual returns.</li></ul><p>So you might think that NVDA is the hands down winner here. But remember that valuation matters, and it matters a lot.</p><ul><li>QCOM is 20% historically undervalued</li><li>NVDA is almost 20% historically overvalued.</li></ul><p>Given that NVDA is one of the most volatile companies on earth, capable of rising or falling 60% in a single month, knowingly overpaying for it is just asking for extreme portfolio short-term pain.</p><p>If you own NVDA today, as I do? I don&#39;t recommend selling it. Not when you&#39;ve potentially locked in Buffett-like 18% CAGR long-term returns and its growth engines are firing on all cylinders.</p><p>But for new money today? QCOM is the far better option, and could more than double in the next five years.</p><p>Even if QCOM&#39;s growth outlook never recovers from its current 8%, paying 9.4X cash-adjusted earnings gives you a very nice margin of safety.</p><p>One that means anyone buying QCOM today is likely to be pleased in 5+ years, and possibly feel like a stock market genius in 10+ years.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Qualcomm Vs. Nvidia: The Better Buy Might Shock You</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\">\nQualcomm Vs. Nvidia: The Better Buy Might Shock You\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-20 12:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4558697-qualcomm-vs-nvidia-the-better-buy-might-shock-you><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Do you dream of retiring in comfort or even splendor? Who doesn't?!Do you wish your retirement standard of living could be 100% free from the market's crazy gyrations? I know I do.Does the idea of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4558697-qualcomm-vs-nvidia-the-better-buy-might-shock-you\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通","NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4558697-qualcomm-vs-nvidia-the-better-buy-might-shock-you","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284038371","content_text":"Do you dream of retiring in comfort or even splendor? Who doesn't?!Do you wish your retirement standard of living could be 100% free from the market's crazy gyrations? I know I do.Does the idea of being able to count on steadily growing income in all market, economic, inflation, and interest rate conditions, sound appealing? It does to me.Well then blue-chip dividend investing might be just what you're looking for.When you hear \"dividend investing\" you probably think of boring, mature, and stable businesses like Altria (MO), Verizon (VZ) or Pepsi (PEP).And while those are indeed wonderful ways to earn generous, very safe, and steadily growing income today, if you want to maximize long-term retirement income there is no better way than combining high-yield and fast-growth.Why? Let's consider the examples of two fast-growing dividend chip stocks, QUALCOMM Incorporated (NASDAQ:QCOM) and NVIDIA Corporation (NASDAQ:NVDA).Let's see what happens when we combine high-yield with fast-growth.Historical Total Returns Since 2011Portfolio Visualizer PremiumCombining the world's best high-yield and growth exchange-traded funds (\"ETFs\") with the growth and ultra-yield blue-chips created a far better performing portfolio over the last 11 years.Portfolio Visualizer PremiumBut more importantly for income investors, it also delivered superior income over time.Income Growth Rich Retirement Dreams Are Made OfPortfolio Visualizer PremiumCumulative Dividends Since 2012: Per $1,000 Initial InvestmentMetricS&P 500SCHDSCHD, QQQ, ENB, MO, NVDA, QCOMTotal Dividends$471$785$1,177Total Inflation-Adjusted Dividends$359.54$599.24$898.47Annualized Income Growth Rate9.0%15.3%27.9%Total Income/Initial Investment %0.470.791.18Inflation-Adjusted Income/Initial Investment %0.360.600.90More Inflation-Adjusted Income Than S&PNA1.672.50Starting Yield2.5%3.2%2.7%Today's Annual Dividend Return On Your Starting Investment (Yield On Cost)5.9%13.3%31.7%2022 Inflation-Adjusted Annual Dividend Return On Your Starting Investment (Inflation-Adjusted Yield On Cost)4.5%10.2%24.2%(Source: Portfolio Visualizer Premium)By combining yield and growth over the last 10 year income investors have enjoyed 28% annual income growth, 2X better than Schwab U.S. Dividend Equity ETF (SCHD), and 3X better than the S&P 500 (SP500).They've gotten back 90% of their initial investment in inflation-adjusted dividends, and enjoyed 2.5X more income than the S&P 500 and 50% more income than SCHD alone.And for every $1 invested in 2011 they are now getting $.24 in annual inflation-adjusted dividends, and that's growing exponentially each year.SCHD investors are getting $0.1 in annual income per $1 investmentS&P 500 investors $0.05.Ok, so that's fine for those with 10+ years to invest, but surely retirees should stick to high-yield only right? WRONG!Unless you expect to drop dead in 10 years let's not forget that retirements last a long time.Hamilton Project22% of U.S. men can expect to live to 90 and 34% of woman.In other words, even if you're already retired chances are very good that you have a 10+ year, or even 30 to 40 year time horizon.And that's where the power of fast dividend compounding really shines.How powerful is hyper-dividend compounding over 35 years?MO + LOW Cumulative Dividends Since 1985 Per $1,000 Initial Investment MetricAltriaLowe'sAltria + Lowe'sTotal Dividends$282,584$37,611$286,519Total Inflation-Adjusted Dividends$100,563.70$13,384.70$101,964.06Annualized Income Growth Rate18.8%18.2%21.7%Total Income/Initial Investment %282.5837.61286.52Inflation-Adjusted Income/Initial Investment %100.5613.38101.96More Inflation-Adjusted Income Than AltriaNA0.131.01Starting Yield4.8%1.4%3.0%Today's Annual Dividend Return On Your Starting Investment (Yield On Cost)2774.0%682.5%4350.4%Today's Inflation-Adjusted Annual Dividend Return On Your Starting Investment (Inflation-Adjusted Yield On Cost)987.2%242.9%1548.2%(Source: Portfolio Visualizer Premium)You can enjoy 100X your initial investment in inflation-adjusted income and achieve truly mind boggling income by combining ultra-yield with hyper-dividend growth.And guess what? Combining yield + hyper-growth, even without dividends can be even more powerful.MO + AMZN Cumulative Dividends Since 1998 Per $1,000 Initial Investment MetricAltriaAltria + AmazonTotal Dividends$3,034.00$101,408.00Total Inflation-Adjusted Dividends$1,657.92$55,414.21Annualized Income Growth Rate3.31%27.96%Total Income/Initial Investment %3.034101.408Inflation-Adjusted Income/Initial Investment %1.65792349755.41420765More Inflation-Adjusted Income Than AltriaNA33.4Starting Yield3.80%4.10%Today's Annual Dividend Return On Your Starting Investment (Yield On Cost)8.30%1523.50%2022 Inflation-Adjusted Annual Dividend Return On Your Starting Investment (Inflation-Adjusted Yield On Cost)4.54%832.51%(Source: Portfolio Visualizer Premium) MO's dividend growth is low because of the 2007 and 2008 spin-offs. Had you bought both AMZN and MO back in 1997, reinvested dividends, and rebalanced annually, today you've received 33X more inflation-adjusted income over the last 24 years.28% annual income growth means a 208X higher inflation-adjusted yield on cost.Income growth over time tends to track total returns, so you want to make sure that you're dividend portfolio is likely to generate strong returns. Not just to keep up with inflation (2.3% long-term according to the bond market).You want your standard of living to keep rising in retirement, no matter how long you live.And that's where growth stocks like QCOM and NVDA can help.Several members have asked for an update on those chip titans and after carefully examining both companies most recent fundamentals I have come to a surprising conclusion.At the moment, Nvidia is the far better chip dividend stock to buy, for anyone looking to maximize long-term income. Let me show you why.Qualcomm: A Wonderful World-Beater Facing A Slower Growth FutureYchartsChip makers are up 26% in the last month, though that's only after getting crushed in a ferocious bear market.Portfolio Visualizer PremiumNvidia fell as much as 63% in this bear market (so far). That's its 3rd worst bear market in history.Portfolio Visualizer PremiumQCOM has fallen as much as 37% in this bear market, also it's 3rd worst bear market.Smartphone Weakness Finally Catches Up to Qualcomm As Inventories BuildQualcomm’s guidance includes an estimated negative impact of about $2 billion in revenue due to weaker demand, foreign exchange headwinds, and excess inventories.\" - MorningstarOne year ago, chip makers were the darlings of Wall Street. The Pandemic supply chain disruptions caused a chip shortage, while record $30 trillion in global stimulus caused a boom in demand for physical goods. Many of which require computer chips.Some in the industry were even talking about a permanent industry shift, from cyclical boom and bust cycles, to a world in which chip makers could deliver steady, tech utility like secular growth.Well, scratch that idea. It turns out chips are still a cyclical industry and smartphone demand is falling rapidly as the global economy weakens.Samsung’s profit drops by more than 30% on weakening memory chip demandQualcomm said it expects its mobile-phone handset business to fall In \"a low double-digit percentage range\" this year from last year. The company had earlier forecast a \"mid-single-digit percentage decline\" from 2021.\" - Seeking AlphaAs early as Q2 QCOM's sales were soaring 36% on the back of strong smartphone demand.Now they are expected to decline and so are earnings.FactSet Research TerminalAfter exploding higher during the pandemic, QCOM's earnings are expected to:fall 8% in 2023grow 11% in 20242% EPS growth from 2022 to 2024.QCOM's licensing business, which generates incredible 73% operating margins, isn't expected to grow in the future, though its 263,708 patents are still expected to mint free cash flow for years to come.At least in the short-term analysts growth outlooks have dimmed for QCOM which is now expected to grow around 8% over the long-term, after we get past the 2023 recession.FAST Graphs, FactSetFAST Graphs, FactSetFAST Graphs, FactSetFAST Graphs, FactSetIs QCOM likely to actually grow at 8% over time? Which would make the total return outlook rather uninspiring?Investment StrategyYieldLT Consensus GrowthLT Consensus Total Return PotentialLong-Term Risk-Adjusted Expected ReturnLong-Term Inflation And Risk-Adjusted Expected ReturnsYears To Double Your Inflation & Risk-Adjusted Wealth10-Year Inflation And Risk-Adjusted Expected ReturnNasdaq0.8%11.8%12.6%8.8%6.5%11.01.88Schwab US Dividend Equity ETF3.6%8.5%12.1%8.4%6.1%11.81.81Dividend Aristocrats2.6%8.5%11.1%7.8%5.4%13.21.70S&P 5001.8%8.5%10.3%7.2%4.9%14.81.61Qualcomm2.4%7.8%10.2%7.1%4.8%15.01.60(Source: DK Research Terminal, FactSet)If analysts are right, then QCOM might merely match the market going forward.But I don't actually expect QCOM to grow at just 8% in the future, and here are two reasons why.Investor presentationQCOM's addressable market is expected to grow from $100 billion per year (43% market share) to $700 billion in the next decade. QCOM is diversifying into cloud computing, driverless cars, and the internet of things or IOT.This makes me think that the recent decline in growth outlook is due to the recent cyclical downturn, which often happens with chip makers.YchartsHowever, in the short-term QCOM investors are going to have to be patient, because the recent face-ripping rally has reduced the total return potential for the next few years.YchartsQCOM has rallied 21% off its November 3rd lows, and combined with a weak global growth outlook for 2023, means that short-term growth prospects are rather weak.But that doesn't mean that QCOM isn't a potentially attractive buy.fair value: $163.92current price: $126.02discount to fair value: 23%DK rating: potentially strong buy.FactSet Research TerminalQCOM is trading at 11.4X consensus trough earnings, and just 9.3X cash-adjusted trough earnings.That means it's pricing in approximately 1.6% CAGR long-term growth, far below the 7.8% analysts currently expect.Qualcomm 2024 Consensus Return Potential FAST Graphs, FactSetWhich means that if QCOM grows as expected and returns to historical market-determined fair value it could deliver Buffett-like 19% annual returns over the next three years.about 2X the S&P consensusQualcomm 2028 Consensus Return PotentialFAST Graphs, FactSetEven with just 3.5% annual EPS growth expected through 2028, QCOM could more than double your money, delivering 14% annual returns, about 2X the S&P consensus.Or to put another way, if you buy QCOM today, you get an Ultra-SWAN quality dividend growth powerhouse, that could more than double your money as we wait to see if QCOM's growth outlook improves in the future.FAST Graphs, FActSetQCOM has been paying a dividend for 19 consecutive years, and raised it every year. The dividend growth rate has been a stellar 20% annually and its delivered close to 14% annual returns.the current five year consensus return forecast.I think long-term QCOM should be able to continue delivering 13% to 14% long-term returns, which makes it worth buying today, or at least holding it if you already own it.13% to 14% long-term returns is better than SCHD, the S&P, dividend aristocrats, and the Nasdaq.Qualcomm Investment Decision ScoreDKDividend Kings Automated Investment Decision ToolQCOM might not be a table-pounding buy compared to the S&P 500, but it's still a satisfactory one that's offering:superior and safer yielda faster-growing dividendbetter medium-term total returns66% better risk-adjusted expected returns30% higher income potential over the next five years than the S&PNVIDIA: A Chip Specialist Facing A Cyclical Downturn But Whose Hyper-Growth Outlook Remains IntactNVDA fell off a cliff when the Biden Administration announced export controls on chips to China.Fortunately the company adapted quickly and has already announced new export control compliant chips.YchartsNews like that, along with the overall \"risk on\" sentiment in stocks, has helped drive NVDA up 44% in recent weeks.This isn't surprising given that NVDA is a very volatile stock, historically 2.2X more volatile than the S&P 500.Nvidia Rolling Returns Since Feb 1999 IPOPortfolio Visualizer PremiumGut churning volatility cuts both ways, with 90% crashes followed by 751% one year rallies.From bear market lows NVDA is capable of:140% annual returns for 3 years = 13.8X in 3 years89% annual returns for five years = 24.1X in five years81% annual returns for seven years = 64.9X in seven years47% annual returns for 10 years = 92.4X in 10 years34% annual returns for 15 years = 77.1X in 15 years.The question investors need answered today, is what does NVDA's long-term outlook like now that the U.S. and China are in an economic cold war?Nvidia's Data Center Business Drives the Firm's Wide Moat RatingNvidia is the top designer of discrete graphics processing units that enhance the visual experience on computing platforms. The firm's chips are used in a variety of end markets, including high-end PCs for gaming and data centers.\" - MorningstarNVDA might have started out focused on gaming PCs, but it's now at the forefront of some of the world's best secular growth trends.cloud computingAIdriverless carsautomation.investor presentationManagement estimates NVDA's total addressable market is $1 trillion per year (2.7% market share) and those markets are the backbone of the entire $100 trillion global economy.The acquisition of Mellanox has helped diversify Nvidia’s end-market exposure, and we suspect the firm will derive over half of revenue from the data center segment going forward, which should help mitigate some of the volatility Nvidia has faced in its gaming and cryptocurrency mining-related sales over the past few years.\" - MorningstarNVDA has been diversifying away from gaming for years, and Morningstar thinks they could soon get over 50% of sales from datacenters, a far more stable business.FactSet Research TerminalAnalysts are even more bullish on the datacenter business, expecting it to triple in the next five years.25% annual growth rate.By 2027 analysts think 73% of NVDA's sales will be coming from datacenters.Why? Because datacenters are enterprise and big businesses don't mind spending millions on the best hardware if it saves them money in the long-term.What kind of businesses are NVDA's datacenter customers?investor presentationNVDA's datacenter customers have deep pockets and are expected to help drive incredible long-term growth. How incredible?FactSet Research TerminalHow about tripling earnings in five years, and 18% long-term earnings growth?20% to 78% CAGR growth over the last 20 years.Given NVDA's massive $1 trillion addressable market, and dominance in advanced GPUs (the \"super chips\" that drive the future) I consider 18% long-term growth a reasonable estimate from all 46 analysts who cover it.What does that potentially mean for investors?Investment StrategyYieldLT Consensus GrowthLT Consensus Total Return PotentialLong-Term Risk-Adjusted Expected ReturnLong-Term Inflation And Risk-Adjusted Expected ReturnsYears To Double Your Inflation & Risk-Adjusted Wealth10-Year Inflation And Risk-Adjusted Expected ReturnNvidia0.1%17.7%17.8%12.5%10.1%7.12.62Nasdaq0.8%11.8%12.6%8.8%6.5%11.01.88Schwab US Dividend Equity ETF3.6%8.5%12.1%8.4%6.1%11.81.81Dividend Aristocrats2.6%8.5%11.1%7.8%5.4%13.21.70S&P 5001.8%8.5%10.3%7.2%4.9%14.81.61Qualcomm2.4%7.8%10.2%7.1%4.8%15.01.60(Sources: DK Research Terminal, FactSet, Morningstar, Ycharts)Analysts expect Buffett-like 18% long-term returns from NVDA, not much bellow its 22% CAGR rolling 15-year returns since 1999.In other words:QCOM is struggling with several slow years of growth due to cyclical headwindsNVDA's growth engine is firing on all cylinders thanks to its dominance of super chip GPUs driving the future of the world economyOK, so NVDA is the best chip stock right? And clearly better than QCOM? Not necessarily.The Biggest Problem Income Investors Will Have With NvidiaWhat is there to not love about NVDA? Is it the balance sheet?A stable credit rating from S&P = 0.66% 30-year bankruptcy risk$11 billion in net cash on the balance sheet$6.6 billion in annual free cash flow.No, NVDA's balanced sheet is a fortress and it's a free cash flow minting machine.No, the biggest issue about NVDA is how stingy management is with the dividend.FAST Graphs, FactSetNVDA's overall dividend growth rate is expectational, 27% CAGR since it began paying on in 2013. And its 52% CAGR annual total returns over that time period put even Amazon (AMZN) to shame.But note how the dividend growth rate began slowing in 2018 and it hasn't raised its dividend for two years. The free cash flow (\"FCF\") payout ratio has fallen to 5%, 1/10th the credit rating safety guideline for this industry.NVDA's dividend yield is 0.1% and even if management were to take the payout ratio to the 50% safety guideline it would be just 1%, far below other world-beater blue-chip dividend chip stocks.Broadcom (AVGO): 3.2%Texas Instruments (TXN): 2.8%Qualcomm: 2.4%.FactSet Research TerminalValue investors might also be uncomfortable with a company trading at 38X forward earnings.cash-adjusted P/E is 29XWhat is NVDA's fair value?NVDA fair value: $136.39current price: $160.55discount to fair value: -18%DK rating: hold.NVDA's 45% rally in recent weeks meant the margin of safety went from 21% to -18%.Today NVDA is at a premium price that means a lot of downside risk for one of the most volatile world-beater tech blue-chips in the world.If the 2023 recession causes earnings estimates to come down in the coming quarters? Then NVDA could suffer a sharp decline like these.Nvidia In The 2022 Bear MarketPortfolio Visualizer PremiumIn the past year alone NVDA has suffered double-digit monthly declines no less than six times, including 32% crash in April.Nvidia In The PandemicPortfolio Visualizer PremiumNvidia held up well in the Pandemic, as did most tech stocks.The Nasdaq 100 fell just 12% while the S&P fell 34%.But NVDA's crashes are the stuff of legend, and anyone owning it should be prepared for truly gut-wrenching volatility in the future. What kind of volatility?Nvidia In The 2018 Bear MarketPortfolio Visualizer PremiumImagine a stock you own falls 25% in a month, then 22% the next month, and then another 18% the following month.That's what happened in the 2018 bear market.53% decline in 3 monthsS&P fell 21%.And that was just the 4th largest bear market in NVDA's history.it's suffered six 40+% crashes in the last 23 yearsaveraging once every four years.Nvidia In The 2011 Bear MarketPortfolio Visualizer PremiumCompared to some its crashes, the 2011 bear market decline of 38% was relatively tame.Nvidia In The Great RecessionPortfolio Visualizer PremiumNVDA dell 80% during the Great Recession, including falling almost 40% in July 2008. It fell 54% from June to July of 2008, a level of volatility that only those who owned it in a diversified portfolio could stomach.Nvidia Pre-Tech CrashPortfolio Visualizer PremiumEven before the tech crash of 2000 to 2002, NVDA was capable of falling 32% in a single month.Nvidia During The Tech CrashPortfolio Visualizer PremiumPortfolio Visualizer PremiumIf you think a 45% one month rally means NVDA is out of the woods, you're wrong.During the Tech Crash NVDA had nine 20+% single month rallies.That includes nearly tripling from October 2001 to December 2001.NVDA then proceeded to fall nine straight months, a total of 87%, including getting cut in half in June 2002.after already falling 50% in the previous five monthsand then it fell another 50% before bottoming in September of 2022.So what if you buy NVDA today? At a 17% historical premium? Will you regret it? That depends on your time horizon. Over the next few months? Probably you're in for a wild wide...to the downside.2023 recession is expected to cause the market to bottom at 3,000 to 3,400 between Q1 of 2023 and Q4 of 2024.But in the medium-term and long-term?Nvidia 2025 Consensus Total Return Potential(Source: FAST Graphs, FactSet)NVDA's P/E peaked in the Pandemic bubble at 82X, compared to a historical market-determined fair value of 32.It's 60% collapse brought it back to historical fair value and then it rallied 45% and became 18% overvalued. Despite strong growth in 2024 and 2025, it's consensus return potential is effectively zero.NVIDIA 2028 Consensus Total Return Potential(Source: FAST Graphs, FactSet)NVDA's growth rate is so strong that it might almost double even from today's 18% historical premium.approximately 2X the S&P consensus.But if those estimates come down then NVDA investors could be in for a rough and highly volatile few years.Nvidia Investment Decision ScoreDKDividend Kings Automated Investment Decision ToolNVDA today, even at an 18% premium, is a superior choice compared to the S&P 500.higher risk-adjusted expected return than the S&P over the next five years80% higher long-term annual return potentialBottom Line: Nvidia Is The Far Better Growth Stock But Qualcomm Is The Far Better Buy TodayWhen it comes to maximizing safe long-term income, combining hyper-growth with high-yield is the single best strategy.And that's why blue-chip income investors love companies like QCOM and NVDA, which can turbocharge their long-term income growth rates.SCHD delivered 15% annual income growth over the last decadeSCHD, QQQ, MO, ENB, QCOM, and NVDA delivered 28% CAGRand 50% more overall inflation-adjusted income.And when it comes to the issue of which chip titan is the better growth stock, it looks like NVDA is the hands down winner.a 10X bigger addressable market today (though QCOM is planning to catch up 70% of the way within a decade)2x the median growth consensushistorically 7% higher annual returns.So you might think that NVDA is the hands down winner here. But remember that valuation matters, and it matters a lot.QCOM is 20% historically undervaluedNVDA is almost 20% historically overvalued.Given that NVDA is one of the most volatile companies on earth, capable of rising or falling 60% in a single month, knowingly overpaying for it is just asking for extreme portfolio short-term pain.If you own NVDA today, as I do? I don't recommend selling it. Not when you've potentially locked in Buffett-like 18% CAGR long-term returns and its growth engines are firing on all cylinders.But for new money today? QCOM is the far better option, and could more than double in the next five years.Even if QCOM's growth outlook never recovers from its current 8%, paying 9.4X cash-adjusted earnings gives you a very nice margin of safety.One that means anyone buying QCOM today is likely to be pleased in 5+ years, and possibly feel like a stock market genius in 10+ years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961678141,"gmtCreate":1668957768584,"gmtModify":1676538131965,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9961678141","repostId":"2284595087","repostType":4,"repost":{"id":"2284595087","pubTimestamp":1668934320,"share":"https://www.laohu8.com/m/news/2284595087?lang=&edition=full","pubTime":"2022-11-20 16:52","market":"us","language":"en","title":"5 Jaw-Dropping Growth Stocks You'll Regret Not Buying on the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2284595087","media":"Motley Fool","summary":"These innovative growth stocks are ripe for the picking following a peak plunge of 38% in the Nasdaq Composite.","content":"<html><head></head><body><p>Since the beginning of 1950, the broad-based <b>S&amp;P 500</b> has endured 39 separate double-digit-percentage declines. That works out to one every 1.85 years -- and this is most certainly one of those years. Through the first six months of 2022, the S&amp;P 500 delivered its worst return in more than a half century.</p><p>And yet, things have been even worse for the technology-focused <b>Nasdaq Composite</b>, which was largely responsible for lifting the broader market to record highs in 2021. On a peak-to-trough basis, the Nasdaq has plunged as much as 38% since hitting its record high one year ago.</p><p>But therein lies the opportunity for investors. Even though stock market corrections, and even bear markets, are a normal part of investing, so is the fact that the major indexes recoup their losses (and then some) over the long run. Eventually, the Nasdaq bear market will be nothing more than a memory.</p><p>It&#39;s a particularly good time for opportunistic investors to pounce on innovative growth stocks that have been beaten down by poor market sentiment. What follows are five jaw-dropping growth stocks you&#39;ll regret not buying on the Nasdaq bear market dip.</p><h2>Alphabet</h2><p>The first surefire stock you&#39;ll regret not buying as the Nasdaq plummets is <b>Alphabet</b>, the parent of streaming platform YouTube and internet search engine Google. Even with ad revenue taking a hit as the likelihood of a U.S. recession grows, Alphabet&#39;s competitive advantages stand out like a beacon for opportunistic investors.</p><p>The key for Alphabet has long been its utter dominance in internet search. Based on data provided by GlobalStats, Google has accounted for 91% to 93% of worldwide search for more than two years.  This virtual monopoly leads to substantial ad-pricing power and a mountain of operating cash flow that the company can use to reinvest in other high-growth initiatives.</p><p>One of these initiatives is YouTube. Easily one of the best acquisitions in history -- Google acquired YouTube in 2006 for $1.65 billion -- YouTube is the second-most-visited social media platform on the planet.  With Alphabet looking at ways to further monetize YouTube Shorts, the ad revenue needle for YouTube should point significantly higher over the long term.</p><p>There&#39;s also Google Cloud, which is the world&#39;s third-leading cloud infrastructure service provider. Cloud spending is still, arguably, in its early stages, and Alphabet should be able to sustain a close-to-40% annual growth rate as businesses shift data online and into the cloud.</p><p>Historically speaking, Alphabet has never been cheaper.</p><h2><a href=\"https://laohu8.com/S/SE\">Sea Limited</a></h2><p>The fifth jaw-dropping growth stock you&#39;ll regret not buying hand over fist during the Nasdaq bear market dip is Singapore-based conglomerate <b>Sea Limited</b> (SE -4.99%). In spite of hefty losses in 2022 and likely 2023, Sea is building a unique trio of business segments that could power shares significantly higher over the long run.</p><p>First up is Garena, the company&#39;s digital entertainment segment that&#39;s powered by hit mobile game <i>Free Fire</i>. Even though quarterly active users retraced in the June-ended quarter to 619.3 million from 725.2 million in the year-ago period, the most important thing to note is that 9.1% of these 619.3 million users were paying to play.  This is considerably higher than the pay-to-play ratio for the mobile gaming industry as a whole.</p><p>Second, Sea&#39;s relatively nascent digital financial services segment is growing by leaps and bounds. Quarterly active users jumped 53% to 52.7 million, as of the end of June 2022. With Sea operating in a number of underbanked/emerging market regions, providing access to digital wallets could be a sustainable high-growth opportunity.</p><p>Third, there&#39;s e-commerce segment Shopee. Although online retail sales aren&#39;t known for supporting sizable margins, Shopee has been Sea&#39;s eye-popping growth segment. Based on the company&#39;s second-quarter results, it&#39;s pacing $76 billion in annual run-rate gross merchandise value (GMV) traversing its platform. In all of 2018, Sea recognized just $10 billion in GMV. With growing adoption in Brazil and Southeastern Asia, Shopee could be Sea&#39;s ticket to a considerably higher valuation.</p><h2><a href=\"https://laohu8.com/S/BARK\">Bark</a></h2><p>A second remarkable growth stock that&#39;s begging to be bought during the Nasdaq bear market decline is dog-focused products and services company <b>Bark</b>. Despite Bark continuing to lose money, the company&#39;s innovation, coupled with industry advantages, should allow this small-cap stock to shine.</p><p>The first factor working in Bark&#39;s favor is that U.S. pet expenditures are practically recession-proof. It&#39;s been more than a quarter of a century since year-over-year spending on pets declined in the United States. Whether it&#39;s pet food, veterinary care, or other services, such as pet insurance, owners are willing to open up their wallets a bit wider each year to ensure the health and happiness of their furry, gilled, feathered, or scaled family member(s).</p><p>Bark&#39;s not-so-subtle secret that should allow it to outperform most pet retail stocks is that its operating model is primarily driven by direct-to-consumer sales. Although retail order timing can fluctuate a bit (as happened during its most recent quarter), traditional commerce sales that occur in brick-and-mortar stores usually make up only 10% to 15% of total revenue. That means the bulk of sales are coming from lower-overhead subscription services designed to generate predictable cash flow and gross margin of around 60%.</p><p>On the innovation front, Bark has had plenty of add-on sales success since introducing Bark Bright for canine dental needs, and should see similar success from the ramp up of Bark Eats, which tailors dry-food diets for select dog breeds. These add-on sale opportunities can really bolster gross margin.</p><h2><a href=\"https://laohu8.com/S/OKTA\">Okta</a></h2><p>The third jaw-dropping growth stock you&#39;ll regret not scooping up during the Nasdaq bear market dip is cybersecurity stock <b>Okta</b>. Although Okta&#39;s integration of Auth0 has hit a few near-term speed bumps and led to larger quarterly losses, the future is increasingly bright for this identity verification provider.</p><p>Similar to Bark, Okta is leaning on macro trends that are very much to its benefit. Just because Wall Street or the U.S. economy hits a rough patch, it doesn&#39;t mean robots and hackers take time off from trying to access or steal sensitive information. As time passes and businesses move their data into the cloud, the onus of protecting this information is increasingly falling to third parties like Okta.</p><p>As I&#39;ve alluded previously, Okta&#39;s cloud-native identity verification security platform is a big advantage. Okta&#39;s reliance on artificial intelligence allows its solutions to grow more efficient at identifying and responding to potential threats over time. Since cybersecurity has evolved into a basic necessity service, double-digit sales growth should be the expectation for many years to come.</p><p>Eventually, Okta will benefit from the Auth0 buyout as well. In spite of higher near-term integration costs, Auth0 provides a means for Okta to enter the European market. International expansion is a necessary step that should help Okta sustain a double-digit growth rate.</p><h2>Green Thumb Industries</h2><p>A fourth amazing growth stock you&#39;ll regret not buying as the Nasdaq falls is U.S. cannabis multi-state operator (MSO) <b>Green Thumb Industries</b> (GTBIF). Even though federal cannabis reforms continue to fall flat, marijuana legalizations at the state level are providing more than enough catalysts for MSOs like Green Thumb to succeed.</p><p>As of the end of September, Green Thumb had 77 operating dispensaries spanning 15 states.  While some of these states are high-dollar markets, such as California, Colorado, and Florida, what&#39;s been particularly interesting about Green Thumb&#39;s expansion is its push into limited-license markets like Illinois, Ohio, Pennsylvania, and Massachusetts. States where license issuance is purposely limited helps to ensure that new entrants have a fair chance to establish their brands and build a following.</p><p>What&#39;s helped to really separate Green Thumb Industries from other MSOs is its revenue mix and operating performance. In terms of the former, more than half of the company&#39;s sales are generated from derivatives, such as vapes, edibles, beverages, pre-rolled joints, dabs, and beauty products.  Derivative pot products are pricier than dried cannabis flower, and more importantly have much better margins.</p><p>That leads to the other key point: Green Thumb&#39;s bottom line. Whereas most U.S. MSOs are still looking for their first profitable quarter, this company has produced nine consecutive quarterly profits, based on generally accepted accounting principles (GAAP). No matter what happens on Capitol Hill, Green Thumb is only growing stronger.</p></body></html>","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>5 Jaw-Dropping Growth Stocks You'll Regret Not Buying on the Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Jaw-Dropping Growth Stocks You'll Regret Not Buying on the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-20 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/19/nasdaq-bear-market-5-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since the beginning of 1950, the broad-based S&P 500 has endured 39 separate double-digit-percentage declines. That works out to one every 1.85 years -- and this is most certainly one of those years. ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/19/nasdaq-bear-market-5-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4507":"流媒体概念","BK4576":"AR","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0444971666.USD":"天利全球科技基金","BK4535":"淡马锡持仓","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","BK4527":"明星科技股","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","GOOGL":"谷歌A","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU0882574139.USD":"富达环球消费行业基金A ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU0557290698.USD":"施罗德环球可持续增长基金","BK4574":"无人驾驶","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0528227936.USD":"富达环球人口趋势基金A-ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","BK4561":"索罗斯持仓","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK4581":"高盛持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4085":"互动家庭娱乐","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H",".IXIC":"NASDAQ Composite","LU0109392836.USD":"富兰克林科技股A","BK4532":"文艺复兴科技持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2022/11/19/nasdaq-bear-market-5-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284595087","content_text":"Since the beginning of 1950, the broad-based S&P 500 has endured 39 separate double-digit-percentage declines. That works out to one every 1.85 years -- and this is most certainly one of those years. Through the first six months of 2022, the S&P 500 delivered its worst return in more than a half century.And yet, things have been even worse for the technology-focused Nasdaq Composite, which was largely responsible for lifting the broader market to record highs in 2021. On a peak-to-trough basis, the Nasdaq has plunged as much as 38% since hitting its record high one year ago.But therein lies the opportunity for investors. Even though stock market corrections, and even bear markets, are a normal part of investing, so is the fact that the major indexes recoup their losses (and then some) over the long run. Eventually, the Nasdaq bear market will be nothing more than a memory.It's a particularly good time for opportunistic investors to pounce on innovative growth stocks that have been beaten down by poor market sentiment. What follows are five jaw-dropping growth stocks you'll regret not buying on the Nasdaq bear market dip.AlphabetThe first surefire stock you'll regret not buying as the Nasdaq plummets is Alphabet, the parent of streaming platform YouTube and internet search engine Google. Even with ad revenue taking a hit as the likelihood of a U.S. recession grows, Alphabet's competitive advantages stand out like a beacon for opportunistic investors.The key for Alphabet has long been its utter dominance in internet search. Based on data provided by GlobalStats, Google has accounted for 91% to 93% of worldwide search for more than two years.  This virtual monopoly leads to substantial ad-pricing power and a mountain of operating cash flow that the company can use to reinvest in other high-growth initiatives.One of these initiatives is YouTube. Easily one of the best acquisitions in history -- Google acquired YouTube in 2006 for $1.65 billion -- YouTube is the second-most-visited social media platform on the planet.  With Alphabet looking at ways to further monetize YouTube Shorts, the ad revenue needle for YouTube should point significantly higher over the long term.There's also Google Cloud, which is the world's third-leading cloud infrastructure service provider. Cloud spending is still, arguably, in its early stages, and Alphabet should be able to sustain a close-to-40% annual growth rate as businesses shift data online and into the cloud.Historically speaking, Alphabet has never been cheaper.Sea LimitedThe fifth jaw-dropping growth stock you'll regret not buying hand over fist during the Nasdaq bear market dip is Singapore-based conglomerate Sea Limited (SE -4.99%). In spite of hefty losses in 2022 and likely 2023, Sea is building a unique trio of business segments that could power shares significantly higher over the long run.First up is Garena, the company's digital entertainment segment that's powered by hit mobile game Free Fire. Even though quarterly active users retraced in the June-ended quarter to 619.3 million from 725.2 million in the year-ago period, the most important thing to note is that 9.1% of these 619.3 million users were paying to play.  This is considerably higher than the pay-to-play ratio for the mobile gaming industry as a whole.Second, Sea's relatively nascent digital financial services segment is growing by leaps and bounds. Quarterly active users jumped 53% to 52.7 million, as of the end of June 2022. With Sea operating in a number of underbanked/emerging market regions, providing access to digital wallets could be a sustainable high-growth opportunity.Third, there's e-commerce segment Shopee. Although online retail sales aren't known for supporting sizable margins, Shopee has been Sea's eye-popping growth segment. Based on the company's second-quarter results, it's pacing $76 billion in annual run-rate gross merchandise value (GMV) traversing its platform. In all of 2018, Sea recognized just $10 billion in GMV. With growing adoption in Brazil and Southeastern Asia, Shopee could be Sea's ticket to a considerably higher valuation.BarkA second remarkable growth stock that's begging to be bought during the Nasdaq bear market decline is dog-focused products and services company Bark. Despite Bark continuing to lose money, the company's innovation, coupled with industry advantages, should allow this small-cap stock to shine.The first factor working in Bark's favor is that U.S. pet expenditures are practically recession-proof. It's been more than a quarter of a century since year-over-year spending on pets declined in the United States. Whether it's pet food, veterinary care, or other services, such as pet insurance, owners are willing to open up their wallets a bit wider each year to ensure the health and happiness of their furry, gilled, feathered, or scaled family member(s).Bark's not-so-subtle secret that should allow it to outperform most pet retail stocks is that its operating model is primarily driven by direct-to-consumer sales. Although retail order timing can fluctuate a bit (as happened during its most recent quarter), traditional commerce sales that occur in brick-and-mortar stores usually make up only 10% to 15% of total revenue. That means the bulk of sales are coming from lower-overhead subscription services designed to generate predictable cash flow and gross margin of around 60%.On the innovation front, Bark has had plenty of add-on sales success since introducing Bark Bright for canine dental needs, and should see similar success from the ramp up of Bark Eats, which tailors dry-food diets for select dog breeds. These add-on sale opportunities can really bolster gross margin.OktaThe third jaw-dropping growth stock you'll regret not scooping up during the Nasdaq bear market dip is cybersecurity stock Okta. Although Okta's integration of Auth0 has hit a few near-term speed bumps and led to larger quarterly losses, the future is increasingly bright for this identity verification provider.Similar to Bark, Okta is leaning on macro trends that are very much to its benefit. Just because Wall Street or the U.S. economy hits a rough patch, it doesn't mean robots and hackers take time off from trying to access or steal sensitive information. As time passes and businesses move their data into the cloud, the onus of protecting this information is increasingly falling to third parties like Okta.As I've alluded previously, Okta's cloud-native identity verification security platform is a big advantage. Okta's reliance on artificial intelligence allows its solutions to grow more efficient at identifying and responding to potential threats over time. Since cybersecurity has evolved into a basic necessity service, double-digit sales growth should be the expectation for many years to come.Eventually, Okta will benefit from the Auth0 buyout as well. In spite of higher near-term integration costs, Auth0 provides a means for Okta to enter the European market. International expansion is a necessary step that should help Okta sustain a double-digit growth rate.Green Thumb IndustriesA fourth amazing growth stock you'll regret not buying as the Nasdaq falls is U.S. cannabis multi-state operator (MSO) Green Thumb Industries (GTBIF). Even though federal cannabis reforms continue to fall flat, marijuana legalizations at the state level are providing more than enough catalysts for MSOs like Green Thumb to succeed.As of the end of September, Green Thumb had 77 operating dispensaries spanning 15 states.  While some of these states are high-dollar markets, such as California, Colorado, and Florida, what's been particularly interesting about Green Thumb's expansion is its push into limited-license markets like Illinois, Ohio, Pennsylvania, and Massachusetts. States where license issuance is purposely limited helps to ensure that new entrants have a fair chance to establish their brands and build a following.What's helped to really separate Green Thumb Industries from other MSOs is its revenue mix and operating performance. In terms of the former, more than half of the company's sales are generated from derivatives, such as vapes, edibles, beverages, pre-rolled joints, dabs, and beauty products.  Derivative pot products are pricier than dried cannabis flower, and more importantly have much better margins.That leads to the other key point: Green Thumb's bottom line. Whereas most U.S. MSOs are still looking for their first profitable quarter, this company has produced nine consecutive quarterly profits, based on generally accepted accounting principles (GAAP). No matter what happens on Capitol Hill, Green Thumb is only growing stronger.","news_type":1},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":835541055,"gmtCreate":1629728754377,"gmtModify":1676530114405,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/835541055","repostId":"2161747692","repostType":4,"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148314958,"gmtCreate":1625930089474,"gmtModify":1703750997869,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/148314958","repostId":"2150370120","repostType":4,"repost":{"id":"2150370120","pubTimestamp":1625879410,"share":"https://www.laohu8.com/m/news/2150370120?lang=&edition=full","pubTime":"2021-07-10 09:10","market":"us","language":"en","title":"Top 10 Cloud Stocks to Buy on the Next Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2150370120","media":"Motley Fool","summary":"How can you capitalize on secular growth trends like digital transformation, artificial intelligence (AI), cybersecurity, analytics, video streaming, work from anywhere, the gig economy, and more? Last time, I covered stocks six through 10 on the list, and today I cover my top five!","content":"<p>Today, I cover my top high-conviction cloud stocks to buy on the next dip. These are high-growth software-as-a-service (SaaS) and cloud stocks that I currently hold in my $1.6 million long-term investing portfolio.</p>\n<p>If you aren't familiar with the terminology, SaaS is simply a component of cloud computing. SaaS refers to software hosted outside of your organization and offered as a subscription-based service. Overall, SaaS generally offers businesses lower total cost of ownership. The latest software updates and enhancements are generally done for you as the client, allowing businesses to have the latest and greatest without additional effort or overhead. Additionally, SaaS enables businesses to shift capital expenses to operating expenses, allowing them to stretch budgets from an accounting perspective.</p>\n<p>Cloud computing refers to servers that are connected through the internet, as well as the software, data centers, and databases that create an online network. Leveraging \"the cloud\" allows users and businesses to consume and analyze data without having to manage databases or software on their own physical, on-premises servers and machines.</p>\n<p>Digital transformation, artificial intelligence (AI), cybersecurity, machine learning, centralized analytics, customer relationship management, enterprise resource planning (ERP), connected TV (CTV), streaming, work from anywhere, the gig economy, and other secular growth trends fuel SaaS and cloud infrastructure. But what are the best stocks to buy in order to ride these waves and boost your portfolio?</p>\n<p>I'll provide 10 total stocks over two articles and videos. Today, I will cover stocks 1 through 10.</p>\n<p>#10.<b>salesforce.com</b>&nbsp;(NYSE:CRM) is the leader in customer relationship management (CRM). <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> is a SaaS provider that enables organizations to integrate marketing, sales, service, e-commerce, and IT into a single customer view. Salesforce is acquiring<b>Slack</b> (NYSE:WORK), which has caused volatility in the stock. The leadership team has proven to shareholders many times that they can successfully acquire businesses and add value. I firmly believe that this acquisition will add tremendous value to Salesforce customers. The company plans to build Slack into its Service Cloud products, which will increase employee productivity from anywhere.</p>\n<p>#9.<b>DocuSign</b>(NASDAQ:DOCU) offers more than most people realize. Its business consists of four primary pillars -- manage, prepare, sign, and act -- which collectively are called the DocuSign Agreement Cloud. The company continues to expand offerings, and its recent earnings results prove it. For Q1 FY22, revenues grew 58% year over year to $469 million. Its billings also grew 54% year over year to $527 million with a 125% net dollar retention rate. The below video goes into more detail, breaking down the pillars and solutions.</p>\n<p>#8.<b>Twilio</b> (NYSE:TWLO) is often misunderstood. Sure, it helps companies like Uber and DoorDash connect customers to businesses, but what else does it do? Here is a list of solutions Twilio can offer:</p>\n<ul>\n <li><b>Messaging:</b> You can send and receive SMS, MMS, and OTT messages globally (to and from over 180 countries) and in a scalable manner. For example, Twilio can be used to created automated replies to customers and route important requests to humans for additional interaction.</li>\n <li><b>Customer engagement:</b>Contact centers can leverage Twilio for customer engagement channels, and the tools can be quite complex. For example, Twilio offers AI-powered tools for customer self-service, automatic text notifications, callbacks, etc.</li>\n <li><b>Marketing:</b>Campaigns can use Twilio to send specific, customizable messages with the ability to track data such as click-through rates.</li>\n <li><b>Business email services:</b> Twilio can send and receive emails. Twilio SendGrid Email API allows businesses to create flexible, scalable, and engaging campaigns.</li>\n</ul>\n<p>#7<b>The Trade Desk</b> (NASDAQ:TTD) focuses on the ad-tech space, and it has a tremendous total addressable market (TAM) when you consider the possibilities in CTV. CTV means \"connected TV,\" which is essentially any television connected to the internet. Think<b>Roku</b> (NASDAQ:ROKU), YouTube, part of<b>Alphabet</b> (NASDAQ:GOOGL),<b>Amazon</b> Prime (NASDAQ:AMZN),<b>Disney</b>'s Disney+&nbsp;(NYSE:DIS), and others. Smart TVs are changing the internet, and buying The Trade Desk is the best way to play this space, in my opinion. The company allows its clients to buy advertisements or run global marketing campaigns in areas such as CTV, display ads, and even social media. These are massive secular growth trends, and The Trade Desk can help your portfolio capture some of this growth.</p>\n<p>#6.<b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video</b> (NASDAQ:ZM) is the epitome of a work-from-home stock, but can it be a large part of the work-from-anywhere movement that is here to stay? The answer, in my opinion, is yes. Zoom is now a verb, and recently Charlie Munger told CNBC that he's \"in love with Zoom\" and thinks it's \"here to stay.\" I agree with him, and the below video shares more details as to why.</p>\n<p>In case you missed the last article, I'll provide some background. If you aren't familiar with the terminology, SaaS is simply a component of cloud computing. SaaS refers to software hosted outside of your organization and offered as a subscription-based service. SaaS generally offers businesses lower total cost of ownership. The latest software updates and enhancements are generally done for the client, allowing businesses to have the latest and greatest without additional effort or overhead. Additionally, SaaS enables businesses to shift capital expenses to operating expenses, allowing them to stretch budgets from an accounting perspective.&nbsp;</p>\n<p><i>Cloud computing</i> refers to servers that are connected through the internet, as well as the software, data centers, and databases that create an online network. Leveraging \"the cloud\" allows users and businesses to consume and analyze data without having to manage databases or software on their own physical, on-premises servers and machines.&nbsp;</p>\n<p>Digital transformation, artificial intelligence (AI), cybersecurity, machine learning, centralized analytics, customer relationship management, enterprise resource planning (ERP), connected TV (CTV), streaming, work from anywhere, the gig economy, and other secular growth trends fuel SaaS and cloud infrastructure. But what are the best stocks to buy in order to ride these waves and boost your portfolio?&nbsp;</p>\n<p>#5. <b>Zscaler</b> (NASDAQ:ZS) offers customers a security stack as a cloud service, which offers lower cost and complexity than \"old-school\" traditional gateway methods. Zscaler's global infrastructure brings internet gateways closer to users all around the world, creating a faster and more streamlined experience. The company enables work-from-anywhere cloud security in a highly scalable fashion.&nbsp;</p>\n<p>#4. <b><a href=\"https://laohu8.com/S/DDOG\">Datadog</a></b> (NASDAQ:DDOG) provides monitoring and analytics tools that give IT teams insights from anywhere and at any time. Datadog, like Zscaler, is very scalable. In fact, most cloud-native providers are highly scalable, which is part of the reason they rank high on the list. Datadog brings information together from across an entire organization into a simple dashboard. Companies that leverage Datadog enjoy benefits such as improved user experience, faster resolutions to interruptions, and overall better business decisions.&nbsp;</p>\n<p>Datadog has continuously improved its product suite as well as its partnership network. In fact, Datadog recently announced a new partnership with <b>Microsoft</b> (NASDAQ:DDOG) Azure, which allows streamlined experiences for configuration, purchasing, and even managing Datadog inside the Azure portal. Additionally, on July 1 Datadog announced a partnership with <a href=\"https://laohu8.com/S/CRM\">Salesforce</a> to provide real-time monitoring and threat detection across the <b>Salesforce</b> (NASDAQ:DDOG)&nbsp;platform.</p>\n<p>From a product perspective, here are the highlights:</p>\n<ul>\n <li><b>Application performance monitoring (APM) </b>provides visibility into application functionality and health.&nbsp;</li>\n <li><b>Infrastructure monitoring </b>allows businesses to monitor IT infrastructure.</li>\n <li><b>Log management </b>provides visualization and data for any performance problems.</li>\n <li><b>User experience monitoring </b>includes both synthetics and real user monitoring (RUM).</li>\n <li><b>Network performance monitoring </b>allows insights and analysis into network traffic flow from both hybrid and cloud environments.</li>\n <li><b>Incident management and continuous profiler </b>improves workflows.&nbsp;</li>\n <li><b>Security monitoring </b>provides threat detection.</li>\n</ul>\n<p>#3. <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a></b> (NYSE:SNOW) offers what it calls a \"data warehouse-as-a-service\" (DaaS), a cloud-based data storage and analytics solution. Interestingly, Snowflake is not a SaaS company since its revenues are over 90% consumption based. Snowflake reduces cost and improves agility. Its data platform is unique in that it is not built on an existing big data platform.&nbsp;</p>\n<p>As you may have heard around the time of the IPO, Snowflake is backed by Warren Buffett's <b>Berkshire Hathaway</b> (NYSE:BRK.A). Snowflake's clients include <b>Apple</b> (NASDAQ:AAPL), <b>Nike</b> (NYSE:NKE), <b>Mastercard</b> (NYSE:MA), and many others. Snowflake is all about big data, and it deserves a top spot on the list.&nbsp;</p>\n<p>#2. <b>Cloudflare</b>'s (NYSE:NET) mission is to help \"build a better internet.\" Cloudflare is actually a network. In fact, it's <a href=\"https://laohu8.com/S/AONE\">one</a> of the larger networks on the planet. Cloudflare enables a faster and more secure internet for anyone with an internet presence. Cloudflare has data centers across the globe, and it boasts an astonishing 25 million internet properties, a number that grows daily. To date, Cloudflare handles over 17 percent of the Fortune 1000 internet requests, and the company handles 25 million HTTP requests every second on average. Cloudflare is all about the future of the internet, and it belongs in my portfolio as a long-term investment.&nbsp;</p>\n<p>#1 <b>Crowdstrike</b> (NASDAQ:CRWD) is the leader in endpoint security. Crowdstrike's Falcon platform stops breaches through both prevention and response, a process known as endpoint detection and response (EDR). It uses agent-based sensors that can be installed on Mac, Linux, and Windows. Crowdstrike relies on a cloud-hosted SaaS platform that manages data and prevents, detects, and responds to threats. Both malware and non-malware attacks are covered via Crowdstrike's cloud-delivered technologies in a lightweight solution.&nbsp;</p>\n<p>Cyberattacks continue to be a major threat, and the total addressable market for cybersecurity is enormous. Crowdstrike has been a monster since its IPO in 2019, growing into a $60 billion market cap company. But I think Crowdstrike is just getting started, and it stands tall as my top high-conviction cloud/SaaS stock for the next decade.</p>\n<p>If you want deeper-dive analysis on these stocks, please watch the video below, where I cover these and many others in the cloud space. These growth stocks can boost your long-term investing portfolio, so please check out the below video and subscribe to make sure you stay on top of this sector.&nbsp;</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>Top 10 Cloud Stocks to Buy on the Next Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop 10 Cloud Stocks to Buy on the Next Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-10 09:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/09/top-10-cloud-stocks-to-buy-on-the-next-dip-part-ii/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Today, I cover my top high-conviction cloud stocks to buy on the next dip. These are high-growth software-as-a-service (SaaS) and cloud stocks that I currently hold in my $1.6 million long-term ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/09/top-10-cloud-stocks-to-buy-on-the-next-dip-part-ii/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TTD":"Trade Desk Inc.","ZM":"Zoom","DOCU":"Docusign","CRWD":"CrowdStrike Holdings, Inc.","NET":"Cloudflare, Inc.","SNOW":"Snowflake","TWLO":"Twilio Inc","ZS":"Zscaler Inc.","DDOG":"Datadog","CRM":"赛富时"},"source_url":"https://www.fool.com/investing/2021/07/09/top-10-cloud-stocks-to-buy-on-the-next-dip-part-ii/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150370120","content_text":"Today, I cover my top high-conviction cloud stocks to buy on the next dip. These are high-growth software-as-a-service (SaaS) and cloud stocks that I currently hold in my $1.6 million long-term investing portfolio.\nIf you aren't familiar with the terminology, SaaS is simply a component of cloud computing. SaaS refers to software hosted outside of your organization and offered as a subscription-based service. Overall, SaaS generally offers businesses lower total cost of ownership. The latest software updates and enhancements are generally done for you as the client, allowing businesses to have the latest and greatest without additional effort or overhead. Additionally, SaaS enables businesses to shift capital expenses to operating expenses, allowing them to stretch budgets from an accounting perspective.\nCloud computing refers to servers that are connected through the internet, as well as the software, data centers, and databases that create an online network. Leveraging \"the cloud\" allows users and businesses to consume and analyze data without having to manage databases or software on their own physical, on-premises servers and machines.\nDigital transformation, artificial intelligence (AI), cybersecurity, machine learning, centralized analytics, customer relationship management, enterprise resource planning (ERP), connected TV (CTV), streaming, work from anywhere, the gig economy, and other secular growth trends fuel SaaS and cloud infrastructure. But what are the best stocks to buy in order to ride these waves and boost your portfolio?\nI'll provide 10 total stocks over two articles and videos. Today, I will cover stocks 1 through 10.\n#10.salesforce.com (NYSE:CRM) is the leader in customer relationship management (CRM). Salesforce is a SaaS provider that enables organizations to integrate marketing, sales, service, e-commerce, and IT into a single customer view. Salesforce is acquiringSlack (NYSE:WORK), which has caused volatility in the stock. The leadership team has proven to shareholders many times that they can successfully acquire businesses and add value. I firmly believe that this acquisition will add tremendous value to Salesforce customers. The company plans to build Slack into its Service Cloud products, which will increase employee productivity from anywhere.\n#9.DocuSign(NASDAQ:DOCU) offers more than most people realize. Its business consists of four primary pillars -- manage, prepare, sign, and act -- which collectively are called the DocuSign Agreement Cloud. The company continues to expand offerings, and its recent earnings results prove it. For Q1 FY22, revenues grew 58% year over year to $469 million. Its billings also grew 54% year over year to $527 million with a 125% net dollar retention rate. The below video goes into more detail, breaking down the pillars and solutions.\n#8.Twilio (NYSE:TWLO) is often misunderstood. Sure, it helps companies like Uber and DoorDash connect customers to businesses, but what else does it do? Here is a list of solutions Twilio can offer:\n\nMessaging: You can send and receive SMS, MMS, and OTT messages globally (to and from over 180 countries) and in a scalable manner. For example, Twilio can be used to created automated replies to customers and route important requests to humans for additional interaction.\nCustomer engagement:Contact centers can leverage Twilio for customer engagement channels, and the tools can be quite complex. For example, Twilio offers AI-powered tools for customer self-service, automatic text notifications, callbacks, etc.\nMarketing:Campaigns can use Twilio to send specific, customizable messages with the ability to track data such as click-through rates.\nBusiness email services: Twilio can send and receive emails. Twilio SendGrid Email API allows businesses to create flexible, scalable, and engaging campaigns.\n\n#7The Trade Desk (NASDAQ:TTD) focuses on the ad-tech space, and it has a tremendous total addressable market (TAM) when you consider the possibilities in CTV. CTV means \"connected TV,\" which is essentially any television connected to the internet. ThinkRoku (NASDAQ:ROKU), YouTube, part ofAlphabet (NASDAQ:GOOGL),Amazon Prime (NASDAQ:AMZN),Disney's Disney+ (NYSE:DIS), and others. Smart TVs are changing the internet, and buying The Trade Desk is the best way to play this space, in my opinion. The company allows its clients to buy advertisements or run global marketing campaigns in areas such as CTV, display ads, and even social media. These are massive secular growth trends, and The Trade Desk can help your portfolio capture some of this growth.\n#6.Zoom Video (NASDAQ:ZM) is the epitome of a work-from-home stock, but can it be a large part of the work-from-anywhere movement that is here to stay? The answer, in my opinion, is yes. Zoom is now a verb, and recently Charlie Munger told CNBC that he's \"in love with Zoom\" and thinks it's \"here to stay.\" I agree with him, and the below video shares more details as to why.\nIn case you missed the last article, I'll provide some background. If you aren't familiar with the terminology, SaaS is simply a component of cloud computing. SaaS refers to software hosted outside of your organization and offered as a subscription-based service. SaaS generally offers businesses lower total cost of ownership. The latest software updates and enhancements are generally done for the client, allowing businesses to have the latest and greatest without additional effort or overhead. Additionally, SaaS enables businesses to shift capital expenses to operating expenses, allowing them to stretch budgets from an accounting perspective. \nCloud computing refers to servers that are connected through the internet, as well as the software, data centers, and databases that create an online network. Leveraging \"the cloud\" allows users and businesses to consume and analyze data without having to manage databases or software on their own physical, on-premises servers and machines. \nDigital transformation, artificial intelligence (AI), cybersecurity, machine learning, centralized analytics, customer relationship management, enterprise resource planning (ERP), connected TV (CTV), streaming, work from anywhere, the gig economy, and other secular growth trends fuel SaaS and cloud infrastructure. But what are the best stocks to buy in order to ride these waves and boost your portfolio? \n#5. Zscaler (NASDAQ:ZS) offers customers a security stack as a cloud service, which offers lower cost and complexity than \"old-school\" traditional gateway methods. Zscaler's global infrastructure brings internet gateways closer to users all around the world, creating a faster and more streamlined experience. The company enables work-from-anywhere cloud security in a highly scalable fashion. \n#4. Datadog (NASDAQ:DDOG) provides monitoring and analytics tools that give IT teams insights from anywhere and at any time. Datadog, like Zscaler, is very scalable. In fact, most cloud-native providers are highly scalable, which is part of the reason they rank high on the list. Datadog brings information together from across an entire organization into a simple dashboard. Companies that leverage Datadog enjoy benefits such as improved user experience, faster resolutions to interruptions, and overall better business decisions. \nDatadog has continuously improved its product suite as well as its partnership network. In fact, Datadog recently announced a new partnership with Microsoft (NASDAQ:DDOG) Azure, which allows streamlined experiences for configuration, purchasing, and even managing Datadog inside the Azure portal. Additionally, on July 1 Datadog announced a partnership with Salesforce to provide real-time monitoring and threat detection across the Salesforce (NASDAQ:DDOG) platform.\nFrom a product perspective, here are the highlights:\n\nApplication performance monitoring (APM) provides visibility into application functionality and health. \nInfrastructure monitoring allows businesses to monitor IT infrastructure.\nLog management provides visualization and data for any performance problems.\nUser experience monitoring includes both synthetics and real user monitoring (RUM).\nNetwork performance monitoring allows insights and analysis into network traffic flow from both hybrid and cloud environments.\nIncident management and continuous profiler improves workflows. \nSecurity monitoring provides threat detection.\n\n#3. Snowflake (NYSE:SNOW) offers what it calls a \"data warehouse-as-a-service\" (DaaS), a cloud-based data storage and analytics solution. Interestingly, Snowflake is not a SaaS company since its revenues are over 90% consumption based. Snowflake reduces cost and improves agility. Its data platform is unique in that it is not built on an existing big data platform. \nAs you may have heard around the time of the IPO, Snowflake is backed by Warren Buffett's Berkshire Hathaway (NYSE:BRK.A). Snowflake's clients include Apple (NASDAQ:AAPL), Nike (NYSE:NKE), Mastercard (NYSE:MA), and many others. Snowflake is all about big data, and it deserves a top spot on the list. \n#2. Cloudflare's (NYSE:NET) mission is to help \"build a better internet.\" Cloudflare is actually a network. In fact, it's one of the larger networks on the planet. Cloudflare enables a faster and more secure internet for anyone with an internet presence. Cloudflare has data centers across the globe, and it boasts an astonishing 25 million internet properties, a number that grows daily. To date, Cloudflare handles over 17 percent of the Fortune 1000 internet requests, and the company handles 25 million HTTP requests every second on average. Cloudflare is all about the future of the internet, and it belongs in my portfolio as a long-term investment. \n#1 Crowdstrike (NASDAQ:CRWD) is the leader in endpoint security. Crowdstrike's Falcon platform stops breaches through both prevention and response, a process known as endpoint detection and response (EDR). It uses agent-based sensors that can be installed on Mac, Linux, and Windows. Crowdstrike relies on a cloud-hosted SaaS platform that manages data and prevents, detects, and responds to threats. Both malware and non-malware attacks are covered via Crowdstrike's cloud-delivered technologies in a lightweight solution. \nCyberattacks continue to be a major threat, and the total addressable market for cybersecurity is enormous. Crowdstrike has been a monster since its IPO in 2019, growing into a $60 billion market cap company. But I think Crowdstrike is just getting started, and it stands tall as my top high-conviction cloud/SaaS stock for the next decade.\nIf you want deeper-dive analysis on these stocks, please watch the video below, where I cover these and many others in the cloud space. These growth stocks can boost your long-term investing portfolio, so please check out the below video and subscribe to make sure you stay on top of this sector.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819469267,"gmtCreate":1630091215959,"gmtModify":1676530222296,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/819469267","repostId":"1123342356","repostType":4,"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897381790,"gmtCreate":1628886807510,"gmtModify":1676529884301,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/897381790","repostId":"2159218651","repostType":4,"repost":{"id":"2159218651","pubTimestamp":1628867340,"share":"https://www.laohu8.com/m/news/2159218651?lang=&edition=full","pubTime":"2021-08-13 23:09","market":"us","language":"en","title":"Is It Too Late to Buy Teladoc Health Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2159218651","media":"Motley Fool","summary":"Many investors are skeptical about the future growth potential of the king of telehealth.","content":"<p><b>Teladoc Health&nbsp;</b>(NYSE:TDOC) stock has been experiencing a bloodbath for much of the year, losing over 50% of its value since February, when it soared as high as $308 per share. The company has even attracted a dedicated community of short-sellers despite releasing spectacular growth results quarter after quarter. As a result, about 12.5% of the float is sold short.&nbsp;</p>\n<p>Skeptics see a grim future for the company as the pandemic wraps up and patients return to in-clinic visits. Should you be concerned about all the fear, uncertainty, and doubt surrounding Teladoc?&nbsp;</p>\n<h2>A big nothingburger&nbsp;</h2>\n<p>At first glance, the bears seem to have a point: Telemedicine utilization is down 37% from pandemic highs. However, it is still 38 times higher than before COVID-19, and the numbers have stabilized. </p>\n<p>During the second quarter of 2021, Teladoc's total members remained roughly unchanged year over year at 52 million. Nevertheless, the company grew its revenue by 109% over the prior year's quarter to $503 million. This was largely due to an increase in platform utilization rates, which soared from 16% to 21.5%. It costs $12.95 per month to enroll in Teladoc's health program, and not all members seek consultations during the year.&nbsp; &nbsp;</p>\n<p>Its subsidiary Livongo, which runs a digital health app that improves disease management for people with diabetes, performed remarkably. It added more than 200,000 members in the same period for a total of 715,000. Patient satisfaction remains high across both Teladoc and Livongo. The two apps are&nbsp;both rated 4.8 out of 5 stars by close to 340,000 reviewers on the <b>Apple </b>App Store.&nbsp;</p>\n<p>Recent surveys have shown that patients who utilize telehealth tend to have acute, low-intensity conditions that often resolve on their own, or are seeking treatment for chronic conditions. All this falls right into Teladoc's expertise. In addition to primary care, Teladoc offers a telepsychiatry platform, treating various conditions including anxiety, depression, and relationship conflicts. Seventy-six percent of patients report feeling better after their consultation, according to the company. </p>\n<p>Moving forward, its enterprise healthcare solutions will become <a href=\"https://laohu8.com/S/AONE.U\">one</a> of two major catalysts for growth. More than 40% of Fortune 500 companies use Teladoc for their employees as part of health insurance packages. &nbsp;The service has an ample value proposition, as online consultations are far cheaper than in-person ones overall. </p>\n<p>The other area in which Teladoc could expand is telepharmacy. The company currently does not dispense drugs on its platform; it's focused on achieving growth in consultations and chronic disease management. But both of those services would synergize very well with the idea of becoming a telepharmacy, as that setup would allow in-house physicians to prescribe medications through a national fulfillment center, instead of requiring individual pharmacies to get involved after visits. </p>\n<h2>The key metric Teladoc nailed&nbsp;</h2>\n<p>In my opinion, it's not the company's increase in total visits, utilization rate, or revenue investors should be excited about. It's profitability. During the quarter, Teladoc generated $39.56 million in free cash flow -- its highest in history. Many old-school investors shunned Teladoc for its lack of profitability over the years, questioning how it could keep ramping up its physicians' pay to grow users and break even doing so. But happily, a sharp increase in utilization solved that problem. &nbsp;This should settle the question for the time being. </p>\n<p>All things considered, I expect Teladoc to sustain its growth through integration and expansion into just about every medical field suitable for telehealth. It is a solid healthcare stock to buy on the dip even at 11.5 times forward revenue. That's higher than the sector average, but the company has earned it, boasting a higher revenue growth rate than competitors including <b>Amwell</b> and <b>Ontrak</b>. &nbsp;</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>Is It Too Late to Buy Teladoc Health Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs It Too Late to Buy Teladoc Health Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 23:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/13/is-it-too-late-to-buy-teladoc-health-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Teladoc Health (NYSE:TDOC) stock has been experiencing a bloodbath for much of the year, losing over 50% of its value since February, when it soared as high as $308 per share. The company has even ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/13/is-it-too-late-to-buy-teladoc-health-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TDOC":"Teladoc Health Inc."},"source_url":"https://www.fool.com/investing/2021/08/13/is-it-too-late-to-buy-teladoc-health-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159218651","content_text":"Teladoc Health (NYSE:TDOC) stock has been experiencing a bloodbath for much of the year, losing over 50% of its value since February, when it soared as high as $308 per share. The company has even attracted a dedicated community of short-sellers despite releasing spectacular growth results quarter after quarter. As a result, about 12.5% of the float is sold short. \nSkeptics see a grim future for the company as the pandemic wraps up and patients return to in-clinic visits. Should you be concerned about all the fear, uncertainty, and doubt surrounding Teladoc? \nA big nothingburger \nAt first glance, the bears seem to have a point: Telemedicine utilization is down 37% from pandemic highs. However, it is still 38 times higher than before COVID-19, and the numbers have stabilized. \nDuring the second quarter of 2021, Teladoc's total members remained roughly unchanged year over year at 52 million. Nevertheless, the company grew its revenue by 109% over the prior year's quarter to $503 million. This was largely due to an increase in platform utilization rates, which soared from 16% to 21.5%. It costs $12.95 per month to enroll in Teladoc's health program, and not all members seek consultations during the year.   \nIts subsidiary Livongo, which runs a digital health app that improves disease management for people with diabetes, performed remarkably. It added more than 200,000 members in the same period for a total of 715,000. Patient satisfaction remains high across both Teladoc and Livongo. The two apps are both rated 4.8 out of 5 stars by close to 340,000 reviewers on the Apple App Store. \nRecent surveys have shown that patients who utilize telehealth tend to have acute, low-intensity conditions that often resolve on their own, or are seeking treatment for chronic conditions. All this falls right into Teladoc's expertise. In addition to primary care, Teladoc offers a telepsychiatry platform, treating various conditions including anxiety, depression, and relationship conflicts. Seventy-six percent of patients report feeling better after their consultation, according to the company. \nMoving forward, its enterprise healthcare solutions will become one of two major catalysts for growth. More than 40% of Fortune 500 companies use Teladoc for their employees as part of health insurance packages.  The service has an ample value proposition, as online consultations are far cheaper than in-person ones overall. \nThe other area in which Teladoc could expand is telepharmacy. The company currently does not dispense drugs on its platform; it's focused on achieving growth in consultations and chronic disease management. But both of those services would synergize very well with the idea of becoming a telepharmacy, as that setup would allow in-house physicians to prescribe medications through a national fulfillment center, instead of requiring individual pharmacies to get involved after visits. \nThe key metric Teladoc nailed \nIn my opinion, it's not the company's increase in total visits, utilization rate, or revenue investors should be excited about. It's profitability. During the quarter, Teladoc generated $39.56 million in free cash flow -- its highest in history. Many old-school investors shunned Teladoc for its lack of profitability over the years, questioning how it could keep ramping up its physicians' pay to grow users and break even doing so. But happily, a sharp increase in utilization solved that problem.  This should settle the question for the time being. \nAll things considered, I expect Teladoc to sustain its growth through integration and expansion into just about every medical field suitable for telehealth. It is a solid healthcare stock to buy on the dip even at 11.5 times forward revenue. That's higher than the sector average, but the company has earned it, boasting a higher revenue growth rate than competitors including Amwell and Ontrak.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890696879,"gmtCreate":1628101159991,"gmtModify":1703501255894,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/890696879","repostId":"1187165636","repostType":4,"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173199012,"gmtCreate":1626627037236,"gmtModify":1703762451912,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/173199012","repostId":"1183956332","repostType":4,"repost":{"id":"1183956332","pubTimestamp":1626568120,"share":"https://www.laohu8.com/m/news/1183956332?lang=&edition=full","pubTime":"2021-07-18 08:28","market":"us","language":"en","title":"US IPO Week Ahead: Software, soft drinks, specialty insurance, and more debut in a 17 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1183956332","media":"renaissancecap...","summary":"The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 17 IPOs slated to raise $4.7 billion.The largest deal of the week, specialty insurance brokerage Ryan Specialty Group plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard-to-place risks for retail insurance brokers, and the sourcing, onboarding, underwriting, and servicing of those hard-to-place risks for insurance carriers. Profitable on an EBIT basis in t","content":"<p>The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 17 IPOs slated to raise $4.7 billion.</p>\n<p>The largest deal of the week, specialty insurance brokerage&nbsp;<b>Ryan Specialty Group</b>(RYAN) plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard-to-place risks for retail insurance brokers, and the sourcing, onboarding, underwriting, and servicing of those hard-to-place risks for insurance carriers. Profitable on an EBIT basis in the 1Q21, the company will be leveraged post-IPO.</p>\n<p>Water infrastructure company&nbsp;<b>Core &amp; Main</b>(CNM) plans to raise $750 million at a $5.2 billion market cap in a 100% synthetic secondary offering. Profitable with solid growth, the company distributes water infrastructure products that connect 4,500 suppliers to over 60,000 municipal, non-residential, and residential customers.</p>\n<p>HR software provider&nbsp;<b>Paycor HCM</b>(PYCR) plans to raise $361 million at a $3.4 billion market cap. Paycor provides human capital management software to small and mid-sized businesses, covering the payroll process and key HR functionality. While net revenue retention fell in the FY20, the company is targeting a large addressable market and has a track record of profitability.</p>\n<p>Latin <a href=\"https://laohu8.com/S/AFG\">American</a> e-commerce platform&nbsp;<b><a href=\"https://laohu8.com/S/VTEX\">VTEX</a></b>(VTEX) plans to raise $304 million at a $3.2 billion market cap. VTEX operates a business-to-consumer e-commerce platform to enterprise customers that natively combines commerce, order management, and marketplace functionality. The company has demonstrated growth, though investments in SG&amp;A and R&amp;D have weighed on profits.</p>\n<p>Learning management platform&nbsp;<b>Instructure Holdings</b>(INST) plans to raise $250 million at a $2.9 billion market cap. The company provides a next-generation Learning Management System (LMS), assessments for learning, actionable analytics, and dynamic content. Instructure states that it is the LMS market leader in both Higher Education and paid K-12, with over 6,000 global customers across 90 countries.</p>\n<p>Protein discovery and development platform&nbsp;<b>AbSci</b>(ABSI) plans to raise $200 million at a $1.6 billion market cap. AbSci currently has nine active programs across seven partners, which include <a href=\"https://laohu8.com/S/MRK\">Merck</a> and Astellas, for which it has either negotiated or plans to negotiate license agreements. The company is highly unprofitable, and 90% of its tech development revenue came from a single partner in the 1Q21.</p>\n<p>Organic beverage brand&nbsp;<b><a href=\"https://laohu8.com/S/ZVIA\">Zevia PBC</a></b>(ZVIA) plans to raise $200 million at a $1.0 billion market cap. Zevia provides six product lines of zero calorie, zero sugar, naturally sweetened beverages in the US and Canada. The company has demonstrated growth and achieved profitability in the 1Q21.</p>\n<p>Content marketing platform&nbsp;<b>Outbrain</b>(OB) plans to raise $200 million at a $1.5 billion market cap. Outbrain’s platform enables over 7,000 online properties, helping them engage their users and monetize their visits by gathering over 1 billion data events each minute. Profitable with strong growth, the company had over 20,000 advertisers using its platform in 2020.</p>\n<p>Fitness franchisor&nbsp;<b>Xponential Fitness</b>(XPOF) plans to raise $200 million at a $711 million market cap. Xponential Fitness is the largest boutique fitness franchisor in the US with over 1,750 studios operating across nine distinct brands. While the company’s business was impacted by the pandemic in 2020, preliminary results for the 2Q21 show 60%+ revenue growth and adjusted EBITDA swinging positive.</p>\n<p>Legal software provider&nbsp;<b>CS Disco</b>(LAW) plans to raise $193 million at a $1.6 billion market cap. Fast growing and unprofitable, DISCO provides a cloud-native, AI-powered legal solution that simplifies ediscovery, legal document review, and case management for enterprises, law firms, legal services providers, and governments.</p>\n<p>Following its postponement in May, Brazil’s&nbsp;<b>Zenvia</b>(ZENV) plans to raise $162 million at a $548 million market cap. The company’s software platform facilitated the flow of communication for more than 10,190 customers throughout Latin America as of March 31, 2021. While it achieved a net revenue expansion rate of nearly 110%, Zenvia’s EBITDA turned negative in the 1Q21.</p>\n<p><b>Couchbase</b>(BASE) plans to raise $151 million at a $992 million market cap. Couchbase provides a NoSQL database that enables enterprises and developers to build and run applications across the cloud, on-premise, hybrid, or mobile and edge environments. The company has a sticky customer base that includes 30% of the Fortune 100, though it remains unprofitable due to high S&amp;M costs.</p>\n<p>Following its postponement in April,<b>Kaltura</b>(KLTR) plans to raise $150 million at a $1.4 billion market cap. Kaltura provides live, real-time, and on-demand video products to a wide range of businesses including educational institutions, and media and telecom companies. Thanks to the growing adoption of virtual events, the company saw revenue expand in the 1Q21, though gross margin contracted.</p>\n<p><b>Gambling.com Group</b>(GAMB) plans to raise $90 million at a $435 million market cap. Gambling.com Group is a performance marketing company and a digital marketing services provider active exclusively in the online gambling industry, with a principal focus on iGaming and sports betting. Profitable and fast growing, the company has increased its customer base from 131 in 2017 to over 200 in 2020.</p>\n<p>Three biotechs are expected to round out the week: cancer biotech&nbsp;<b>Candel Therapeutics</b>(CADL), which plans to raise $85 million at a $398 million market cap; preclinical biotech&nbsp;<b>Ocean Biomedical</b>(OCEA), which plans to raise $50 million at a $506 million market cap; and cancer biotech&nbsp;<b>Elicio Therapeutics</b>(ELTX), which plans to raise $40 million at a $201 million market cap.</p>","source":"lsy1619493174116","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US IPO Week Ahead: Software, soft drinks, specialty insurance, and more debut in a 17 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: Software, soft drinks, specialty insurance, and more debut in a 17 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-18 08:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/84265/US-IPO-Week-Ahead-Software-soft-drinks-specialty-insurance-and-more-debut-i><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 17 IPOs slated to raise $4.7 billion.\nThe largest deal of the week, specialty insurance brokerage Ryan ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/84265/US-IPO-Week-Ahead-Software-soft-drinks-specialty-insurance-and-more-debut-i\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ELTX":"Elicio Therapeutics","RYAN":"Ryan Specialty Group Holdings, Inc.","CNM":"Core & Main, Inc.","OCEA":"Ocean Biomedical","PYCR":"Paycor HCM, Inc.","BASE":"Couchbase, Inc.","OB":"Outbrain Inc.","GAMB":"Gambling.com Group Limited","CADL":"Candel Therapeutics, Inc.","INST":"Instructure Holdings, Inc.","ZVIA":"Zevia PBC","LAW":"CS Disco, Inc.","ABSI":"Absci Corporation.","VTEX":"VTEX"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/84265/US-IPO-Week-Ahead-Software-soft-drinks-specialty-insurance-and-more-debut-i","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183956332","content_text":"The IPO market’s breakneck pace is expected to continue in the week ahead, with a whopping 17 IPOs slated to raise $4.7 billion.\nThe largest deal of the week, specialty insurance brokerage Ryan Specialty Group(RYAN) plans to raise $1.3 billion at a $6.1 billion market cap. The company assists in the placement of hard-to-place risks for retail insurance brokers, and the sourcing, onboarding, underwriting, and servicing of those hard-to-place risks for insurance carriers. Profitable on an EBIT basis in the 1Q21, the company will be leveraged post-IPO.\nWater infrastructure company Core & Main(CNM) plans to raise $750 million at a $5.2 billion market cap in a 100% synthetic secondary offering. Profitable with solid growth, the company distributes water infrastructure products that connect 4,500 suppliers to over 60,000 municipal, non-residential, and residential customers.\nHR software provider Paycor HCM(PYCR) plans to raise $361 million at a $3.4 billion market cap. Paycor provides human capital management software to small and mid-sized businesses, covering the payroll process and key HR functionality. While net revenue retention fell in the FY20, the company is targeting a large addressable market and has a track record of profitability.\nLatin American e-commerce platform VTEX(VTEX) plans to raise $304 million at a $3.2 billion market cap. VTEX operates a business-to-consumer e-commerce platform to enterprise customers that natively combines commerce, order management, and marketplace functionality. The company has demonstrated growth, though investments in SG&A and R&D have weighed on profits.\nLearning management platform Instructure Holdings(INST) plans to raise $250 million at a $2.9 billion market cap. The company provides a next-generation Learning Management System (LMS), assessments for learning, actionable analytics, and dynamic content. Instructure states that it is the LMS market leader in both Higher Education and paid K-12, with over 6,000 global customers across 90 countries.\nProtein discovery and development platform AbSci(ABSI) plans to raise $200 million at a $1.6 billion market cap. AbSci currently has nine active programs across seven partners, which include Merck and Astellas, for which it has either negotiated or plans to negotiate license agreements. The company is highly unprofitable, and 90% of its tech development revenue came from a single partner in the 1Q21.\nOrganic beverage brand Zevia PBC(ZVIA) plans to raise $200 million at a $1.0 billion market cap. Zevia provides six product lines of zero calorie, zero sugar, naturally sweetened beverages in the US and Canada. The company has demonstrated growth and achieved profitability in the 1Q21.\nContent marketing platform Outbrain(OB) plans to raise $200 million at a $1.5 billion market cap. Outbrain’s platform enables over 7,000 online properties, helping them engage their users and monetize their visits by gathering over 1 billion data events each minute. Profitable with strong growth, the company had over 20,000 advertisers using its platform in 2020.\nFitness franchisor Xponential Fitness(XPOF) plans to raise $200 million at a $711 million market cap. Xponential Fitness is the largest boutique fitness franchisor in the US with over 1,750 studios operating across nine distinct brands. While the company’s business was impacted by the pandemic in 2020, preliminary results for the 2Q21 show 60%+ revenue growth and adjusted EBITDA swinging positive.\nLegal software provider CS Disco(LAW) plans to raise $193 million at a $1.6 billion market cap. Fast growing and unprofitable, DISCO provides a cloud-native, AI-powered legal solution that simplifies ediscovery, legal document review, and case management for enterprises, law firms, legal services providers, and governments.\nFollowing its postponement in May, Brazil’s Zenvia(ZENV) plans to raise $162 million at a $548 million market cap. The company’s software platform facilitated the flow of communication for more than 10,190 customers throughout Latin America as of March 31, 2021. While it achieved a net revenue expansion rate of nearly 110%, Zenvia’s EBITDA turned negative in the 1Q21.\nCouchbase(BASE) plans to raise $151 million at a $992 million market cap. Couchbase provides a NoSQL database that enables enterprises and developers to build and run applications across the cloud, on-premise, hybrid, or mobile and edge environments. The company has a sticky customer base that includes 30% of the Fortune 100, though it remains unprofitable due to high S&M costs.\nFollowing its postponement in April,Kaltura(KLTR) plans to raise $150 million at a $1.4 billion market cap. Kaltura provides live, real-time, and on-demand video products to a wide range of businesses including educational institutions, and media and telecom companies. Thanks to the growing adoption of virtual events, the company saw revenue expand in the 1Q21, though gross margin contracted.\nGambling.com Group(GAMB) plans to raise $90 million at a $435 million market cap. Gambling.com Group is a performance marketing company and a digital marketing services provider active exclusively in the online gambling industry, with a principal focus on iGaming and sports betting. Profitable and fast growing, the company has increased its customer base from 131 in 2017 to over 200 in 2020.\nThree biotechs are expected to round out the week: cancer biotech Candel Therapeutics(CADL), which plans to raise $85 million at a $398 million market cap; preclinical biotech Ocean Biomedical(OCEA), which plans to raise $50 million at a $506 million market cap; and cancer biotech Elicio Therapeutics(ELTX), which plans to raise $40 million at a $201 million market cap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923597270,"gmtCreate":1670884908891,"gmtModify":1676538451168,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9923597270","repostId":"1184694706","repostType":4,"repost":{"id":"1184694706","pubTimestamp":1670852410,"share":"https://www.laohu8.com/m/news/1184694706?lang=&edition=full","pubTime":"2022-12-12 21:40","market":"us","language":"en","title":"Half-Price Tesla Stock Is Still No Bargain","url":"https://stock-news.laohu8.com/highlight/detail?id=1184694706","media":"The Wall Street Journal","summary":"Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison g","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/dc8968228b4ab59af5ba4350d1c39662\" tg-width=\"860\" tg-height=\"556\" referrerpolicy=\"no-referrer\"/>Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison goes.</p><p>Tesla shares have roughly halved this year, worse than most of the EV maker’s big peers in both the auto and tech industries. Much of the underperformance has come in the past three months, amid two broad concerns. One is that demand for its products is no longer racing ahead of increasing supply,particularly in China. The other relates to risks surrounding Chief Executive Elon Musk’s purchase of Twitter, which came together in October.</p><p>The past week has been particularly bad for demand worries. Following earlier news that the company has been cutting prices and offering sales incentives in China, Bloomberg and Reuters reported that it was planning to trim production at its Shanghai factory. Tesla denied the reports, but Bloomberg followed up with details of shorter production shifts.</p><p>Lower output isn’t completely surprising given that EV sales in China have been on a hot streak ahead of the expiration of some government subsidies, potentially leading to a hangover next year. Still, the news plays into fears that Tesla’s prospects in the world’s largest car market aren’t quite as spectacular as hoped.</p><p>Meanwhile, Mr. Musk’s chaotic turnaround of Twitter can be seen variously as a management distraction, a financial liability that needs to be funded by sales of Tesla shares or loans to Mr. Musk backed by those shares, apolitical hot potatothat doesn’t sit well with a global mass-market car brand, and generally a high-risk, high-profile enterprise that could take the shine off Mr. Musk’s reputation and by extension Tesla’s brand.</p><p>These risks are hard to relate directly to profit, but so is Tesla’s valuation: The stock hasalways been hard to explainin terms of so-called fundamentals. This year’s selloff has made it easier, though.</p><p>Tesla shares now trade at about 32 times next year’sFactSetconsensus earnings—higher than most stocks but close to the lowest number in their history. Also, earnings per share are expected to grow rapidly, by 41% next year. Compare the earnings multiple with the earnings growth and you get a so-called price-earnings-growth or PEG ratio below one, often a signal that a stock is undervalued. This may be the first time Tesla shares have ever screened as cheap according to a conventional valuation metric.</p><p><img src=\"https://static.tigerbbs.com/ac4dc71f1a460e6f9f10abd665d5e04e\" tg-width=\"738\" tg-height=\"510\" width=\"100%\" height=\"auto\"/></p><p>The catch is that earnings growth needs to remain very rapid for the metric to hold much meaning. The big valuation question for Tesla investors is therefore how easily it can carry on ramping up output while maintaining the current high level of profitability. The only reasonable answer is: not at all easily. Crucially for bulls, though, the dream scenario is just about imaginable if you look at the company from the mobile-phone industry’s perspective.</p><p>IfEVs are like smartphones, Tesla can be seen as the nextApple. In the years after the iPhone’s invention, investors gave the product’s inventor a low valuation because they assumed its profit would fall in line with those of other device makers. As it turned out, the iPhone could be parlayed into an entire ecosystem, including subscriptions and other high-margin software, that has kept Apple’s profit for the most part growing.</p><p>Tesla teases the parallel with its guidance that, “over time,” profit from selling cars will be accompanied with “an acceleration of software-related profit.” The big hope here is driver-assistance software, with the company already charging $15,000 for its most advanced package.</p><p>The Apple comparison, which Mr. Musk made directly in Tesla’sthird-quarter earnings call, has enough substance to keep plenty of Tesla fans onside. But it ignores important differences. Perhaps the most fundamental one is that choosing a car brand has long been a form of personal expression, leading to a variety of brands and vehicle types. Will that change as cars go digital, with individual app and software preferences replacing differences in brand and styling? Maybe, but it is a bet against a century of automotive history.</p><p>More likely, Tesla’s ambition to increase vehicle deliveries consistently by 50% a year will dilute its margins. Today, these are high because it makes few models on a large scale and sells them for premium prices, helped by the shortage of vehicles in general and EVs in particular. Neither shortage will last forever, and Tesla’s own growth will undercut the combination of exclusivity and operational simplicity that support its current financial performance.</p><p>As for software, Tesla continues to struggle with its project to automate driving in a way more than a few of its biggest fans might be prepared to pay meaningful sums for. It isn’t alone: The entire industry hasn’t madeas much progress toward commercializing self-driving technology as it once hoped. Even if a breakthrough emerges, there islittle reason to think Tesla would make it. It doesn’t appear to have a lead over Intel’sMobileye, which supplies competitors. Recent hints that Tesla might return to using radar, a tool it previously rejected, underline the point.</p><p>Even at half-price, investors need to make some very bold assumptions to see value in Tesla’s stock.</p><p></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Half-Price Tesla Stock Is Still No Bargain</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\">\nHalf-Price Tesla Stock Is Still No Bargain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 21:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison ...</p>\n\n<a href=\"https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184694706","content_text":"Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison goes.Tesla shares have roughly halved this year, worse than most of the EV maker’s big peers in both the auto and tech industries. Much of the underperformance has come in the past three months, amid two broad concerns. One is that demand for its products is no longer racing ahead of increasing supply,particularly in China. The other relates to risks surrounding Chief Executive Elon Musk’s purchase of Twitter, which came together in October.The past week has been particularly bad for demand worries. Following earlier news that the company has been cutting prices and offering sales incentives in China, Bloomberg and Reuters reported that it was planning to trim production at its Shanghai factory. Tesla denied the reports, but Bloomberg followed up with details of shorter production shifts.Lower output isn’t completely surprising given that EV sales in China have been on a hot streak ahead of the expiration of some government subsidies, potentially leading to a hangover next year. Still, the news plays into fears that Tesla’s prospects in the world’s largest car market aren’t quite as spectacular as hoped.Meanwhile, Mr. Musk’s chaotic turnaround of Twitter can be seen variously as a management distraction, a financial liability that needs to be funded by sales of Tesla shares or loans to Mr. Musk backed by those shares, apolitical hot potatothat doesn’t sit well with a global mass-market car brand, and generally a high-risk, high-profile enterprise that could take the shine off Mr. Musk’s reputation and by extension Tesla’s brand.These risks are hard to relate directly to profit, but so is Tesla’s valuation: The stock hasalways been hard to explainin terms of so-called fundamentals. This year’s selloff has made it easier, though.Tesla shares now trade at about 32 times next year’sFactSetconsensus earnings—higher than most stocks but close to the lowest number in their history. Also, earnings per share are expected to grow rapidly, by 41% next year. Compare the earnings multiple with the earnings growth and you get a so-called price-earnings-growth or PEG ratio below one, often a signal that a stock is undervalued. This may be the first time Tesla shares have ever screened as cheap according to a conventional valuation metric.The catch is that earnings growth needs to remain very rapid for the metric to hold much meaning. The big valuation question for Tesla investors is therefore how easily it can carry on ramping up output while maintaining the current high level of profitability. The only reasonable answer is: not at all easily. Crucially for bulls, though, the dream scenario is just about imaginable if you look at the company from the mobile-phone industry’s perspective.IfEVs are like smartphones, Tesla can be seen as the nextApple. In the years after the iPhone’s invention, investors gave the product’s inventor a low valuation because they assumed its profit would fall in line with those of other device makers. As it turned out, the iPhone could be parlayed into an entire ecosystem, including subscriptions and other high-margin software, that has kept Apple’s profit for the most part growing.Tesla teases the parallel with its guidance that, “over time,” profit from selling cars will be accompanied with “an acceleration of software-related profit.” The big hope here is driver-assistance software, with the company already charging $15,000 for its most advanced package.The Apple comparison, which Mr. Musk made directly in Tesla’sthird-quarter earnings call, has enough substance to keep plenty of Tesla fans onside. But it ignores important differences. Perhaps the most fundamental one is that choosing a car brand has long been a form of personal expression, leading to a variety of brands and vehicle types. Will that change as cars go digital, with individual app and software preferences replacing differences in brand and styling? Maybe, but it is a bet against a century of automotive history.More likely, Tesla’s ambition to increase vehicle deliveries consistently by 50% a year will dilute its margins. Today, these are high because it makes few models on a large scale and sells them for premium prices, helped by the shortage of vehicles in general and EVs in particular. Neither shortage will last forever, and Tesla’s own growth will undercut the combination of exclusivity and operational simplicity that support its current financial performance.As for software, Tesla continues to struggle with its project to automate driving in a way more than a few of its biggest fans might be prepared to pay meaningful sums for. It isn’t alone: The entire industry hasn’t madeas much progress toward commercializing self-driving technology as it once hoped. Even if a breakthrough emerges, there islittle reason to think Tesla would make it. It doesn’t appear to have a lead over Intel’sMobileye, which supplies competitors. Recent hints that Tesla might return to using radar, a tool it previously rejected, underline the point.Even at half-price, investors need to make some very bold assumptions to see value in Tesla’s stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989413284,"gmtCreate":1666058452549,"gmtModify":1676537698746,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9989413284","repostId":"1160967547","repostType":4,"repost":{"id":"1160967547","pubTimestamp":1666065333,"share":"https://www.laohu8.com/m/news/1160967547?lang=&edition=full","pubTime":"2022-10-18 11:55","market":"other","language":"en","title":"One Trading Strategy Is Winning Big in This Nasty Year for Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1160967547","media":"Bloomberg","summary":"Dispersion trade up as single stocks swing, VIX stays mutedSubdued demand for portfolio hedges is be","content":"<html><head></head><body><ul><li>Dispersion trade up as single stocks swing, VIX stays muted</li><li>Subdued demand for portfolio hedges is behind volatility quirk</li></ul><p>A strange thing keeps happening in this nightmare year on Wall Street: Seemingly surefire bets that outsize volatility will engulf equity indexes keep misfiring, even as those riding turmoil in single stocks pay off handsomely.</p><p>That’s proving a boon for a niche strategy known as dispersion trading, with nimble money managers netting double-digit gains by taking advantage of quirks in the world of equity derivatives.</p><p>Take the Cboe Volatility Index, a gauge of market-wide fear. Even as the S&amp;P 500 careens to fresh lows, it’s stuck below its March peak and actually declined in the aftermath of last week’s hot inflation report. At the same time the Federal Reserve’s disruptive policy-tightening campaign is fueling the wildest price swings for US large cap companies since the global financial crisis.</p><p>The thinking goes that the winners and losers in the S&amp;P 500 have become more pronounced in a world where corporate fundamentals matter. But index volatility is proving less severe, as price moves of its constituents offset each other, while demand for hedges remains muted due to low investor positioning.</p><p>For whatever reason this short-index-long-single-stock-volatility trade is working and may prove particularly lucrative this earnings season. The likes of PepsiCo Inc. and JPMorgan Chase &amp; Co. have been posting notable gains after better-than-expected reports while disappointments such as Morgan Stanley are getting punished.</p><p>“We haven’t seen any panic protection buying that will drive volatility much higher,” said Daniel Danon, managing director at Assenagon Asset Management, whose Assenagon Alpha Volatility fund is up 12% this year. “So your short leg is helping your long leg to perform.”</p><p><img src=\"https://static.tigerbbs.com/fe8b52b93f4df214ea58016e8a3f317f\" tg-width=\"739\" tg-height=\"442\" referrerpolicy=\"no-referrer\"/>The VIX, which tracks the cost of S&amp;P 500 options, has stayed at elevated levels relative to its five-year average, but it’s yet to revisit 2022 highs of above 35 points. At the same time individual members in the S&amp;P 500 have been moving the most since the global financial crisis, according to Societe Generale SA.</p><p>While the Fed’s hike-at-all-costs policy stance has ignited fear and loathing for investors in bonds and currencies, the cost of one-month bearish put options on the equity benchmark versus bullish calls has slipped anew to the lowest since 2017. That suggests limited investor appetite to hedge at the index level.</p><p>Why that’s the case despite a prolonged drawdown has become a hot topic among market watchers of late. Some point out that money managers have slashed equity exposure to multi-year lows, itself a defensive stance that requires less protection. Others say a relatively orderly decline has made options hedging less rewarding than usual, prompting traders to short equity futures as an alternative way to buffer against losses.</p><p>A relatively well behaved VIX stands out at a time when the Fed’s resolve to crush inflation at decade highs with tighter policy is rocking the underbelly of of US equities. Some oil producers have doubled their share prices in this year’s supply-side mayhem while Big Tech names like Netflix Inc. and Meta Platforms Inc. have plunged big time in a rate-sensitive selloff that’s now casting a shadow over the business cycle.</p><p>“It’s about rotation between sectors at the moment,” said Stephen Crewe, whose Fulcrum Equity Dispersion Fund is up 10% this year. The London-based manager is positioning for continued volatility among companies in the technology and energy sectors. “No one really knows where the US economy is going to end up,” he said.</p><p>The strategy, which has cooled of late after notching outsize gains earlier in the year, is deployed mostly by volatility hedge funds and banks packaging it into systematic strategies. Versions of the trade may buy options on a basket of stocks while others, like those managed by Assenagon and Fulcrum, are more selective. Some are neutral to volatility, whereas others are buying more options than they sell.</p><p><img src=\"https://static.tigerbbs.com/f76b822562cb2fbba098512880ec9038\" tg-width=\"698\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/>With expected swings embedded in index-level option prices relatively contained, it’s been harder for typical derivatives hedges to make money, with the payoff hinging more on getting the strike price or market timing right. For instance, an S&amp;P 500-tracking portfolio that’s added calls on the VIX -- which is supposed to buffer portfolios against a sudden outbreak in price swings -- has suffered a four-percentage-point drag on performance, a Cboe index shows.</p><p>Yet going forward, the big challenge for dispersion traders is hiding in plain sight: Supersized Fed rate hikes risk causing a sudden collapse in economic growth that may in turn spur a big jump in index volatility.</p><p>Still for now, institutions appear to have little appetite for adding market hedges, according to Michael Purves, founder of Tallbacken Capital Advisors. He recommends betting on the VIX to fall till the end of the year.</p><p>“Perhaps yields can creep higher, but not in a shocking way the way they did when they pierced 4% in September,” he wrote in a note. “Markets appear to have processed the notion that there is little doubt that a Fed pivot is not close at hand.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>One Trading Strategy Is Winning Big in This Nasty Year for Stocks</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\">\nOne Trading Strategy Is Winning Big in This Nasty Year for Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-18 11:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-17/one-options-trade-wins-big-in-strange-year-for-stock-volatility><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dispersion trade up as single stocks swing, VIX stays mutedSubdued demand for portfolio hedges is behind volatility quirkA strange thing keeps happening in this nightmare year on Wall Street: ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-17/one-options-trade-wins-big-in-strange-year-for-stock-volatility\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIX":"标普500波动率指数"},"source_url":"https://www.bloomberg.com/news/articles/2022-10-17/one-options-trade-wins-big-in-strange-year-for-stock-volatility","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160967547","content_text":"Dispersion trade up as single stocks swing, VIX stays mutedSubdued demand for portfolio hedges is behind volatility quirkA strange thing keeps happening in this nightmare year on Wall Street: Seemingly surefire bets that outsize volatility will engulf equity indexes keep misfiring, even as those riding turmoil in single stocks pay off handsomely.That’s proving a boon for a niche strategy known as dispersion trading, with nimble money managers netting double-digit gains by taking advantage of quirks in the world of equity derivatives.Take the Cboe Volatility Index, a gauge of market-wide fear. Even as the S&P 500 careens to fresh lows, it’s stuck below its March peak and actually declined in the aftermath of last week’s hot inflation report. At the same time the Federal Reserve’s disruptive policy-tightening campaign is fueling the wildest price swings for US large cap companies since the global financial crisis.The thinking goes that the winners and losers in the S&P 500 have become more pronounced in a world where corporate fundamentals matter. But index volatility is proving less severe, as price moves of its constituents offset each other, while demand for hedges remains muted due to low investor positioning.For whatever reason this short-index-long-single-stock-volatility trade is working and may prove particularly lucrative this earnings season. The likes of PepsiCo Inc. and JPMorgan Chase & Co. have been posting notable gains after better-than-expected reports while disappointments such as Morgan Stanley are getting punished.“We haven’t seen any panic protection buying that will drive volatility much higher,” said Daniel Danon, managing director at Assenagon Asset Management, whose Assenagon Alpha Volatility fund is up 12% this year. “So your short leg is helping your long leg to perform.”The VIX, which tracks the cost of S&P 500 options, has stayed at elevated levels relative to its five-year average, but it’s yet to revisit 2022 highs of above 35 points. At the same time individual members in the S&P 500 have been moving the most since the global financial crisis, according to Societe Generale SA.While the Fed’s hike-at-all-costs policy stance has ignited fear and loathing for investors in bonds and currencies, the cost of one-month bearish put options on the equity benchmark versus bullish calls has slipped anew to the lowest since 2017. That suggests limited investor appetite to hedge at the index level.Why that’s the case despite a prolonged drawdown has become a hot topic among market watchers of late. Some point out that money managers have slashed equity exposure to multi-year lows, itself a defensive stance that requires less protection. Others say a relatively orderly decline has made options hedging less rewarding than usual, prompting traders to short equity futures as an alternative way to buffer against losses.A relatively well behaved VIX stands out at a time when the Fed’s resolve to crush inflation at decade highs with tighter policy is rocking the underbelly of of US equities. Some oil producers have doubled their share prices in this year’s supply-side mayhem while Big Tech names like Netflix Inc. and Meta Platforms Inc. have plunged big time in a rate-sensitive selloff that’s now casting a shadow over the business cycle.“It’s about rotation between sectors at the moment,” said Stephen Crewe, whose Fulcrum Equity Dispersion Fund is up 10% this year. The London-based manager is positioning for continued volatility among companies in the technology and energy sectors. “No one really knows where the US economy is going to end up,” he said.The strategy, which has cooled of late after notching outsize gains earlier in the year, is deployed mostly by volatility hedge funds and banks packaging it into systematic strategies. Versions of the trade may buy options on a basket of stocks while others, like those managed by Assenagon and Fulcrum, are more selective. Some are neutral to volatility, whereas others are buying more options than they sell.With expected swings embedded in index-level option prices relatively contained, it’s been harder for typical derivatives hedges to make money, with the payoff hinging more on getting the strike price or market timing right. For instance, an S&P 500-tracking portfolio that’s added calls on the VIX -- which is supposed to buffer portfolios against a sudden outbreak in price swings -- has suffered a four-percentage-point drag on performance, a Cboe index shows.Yet going forward, the big challenge for dispersion traders is hiding in plain sight: Supersized Fed rate hikes risk causing a sudden collapse in economic growth that may in turn spur a big jump in index volatility.Still for now, institutions appear to have little appetite for adding market hedges, according to Michael Purves, founder of Tallbacken Capital Advisors. He recommends betting on the VIX to fall till the end of the year.“Perhaps yields can creep higher, but not in a shocking way the way they did when they pierced 4% in September,” he wrote in a note. “Markets appear to have processed the notion that there is little doubt that a Fed pivot is not close at hand.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984080714,"gmtCreate":1667488677738,"gmtModify":1676537926654,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9984080714","repostId":"1170157193","repostType":4,"repost":{"id":"1170157193","pubTimestamp":1667487883,"share":"https://www.laohu8.com/m/news/1170157193?lang=&edition=full","pubTime":"2022-11-03 23:04","market":"us","language":"en","title":"Roku, Fisker, UiPath Downgraded: Top Calls on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=1170157193","media":"The Fly","summary":"Top 5 Upgrades:Citi analyst Jonmichael Shekian upgraded Freshpet (FRPT) to Neutral from Sell with a ","content":"<html><head></head><body><p><b>Top 5 Upgrades:</b></p><ul><li>Citi analyst Jonmichael Shekian upgraded <a href=\"https://laohu8.com/S/FRPT\">Freshpet</a> (FRPT) to Neutral from Sell with a price target of $66, up from $32, post third quarter results. With Freshpet working to address manufacturing and supply chain issues, the involvement of activist investor Jana Partners is a positive, even as questions remain over the likelihood of a sale of the company, Shekian tells investors in a research note.</li><li>Piper Sandler analyst David Amsellem upgraded <a href=\"https://laohu8.com/S/ALKS\">Alkermes </a> to Overweight from Neutral with a price target of $30, up from $26, after management announced that it is planning to separate its oncology segment in part as a means of maximizing the profitability of what will eventually be a pure-play neuropsychiatry company.</li><li>Baird analyst Joel Beatty upgraded <a href=\"https://laohu8.com/S/RARE\">Ultragenyx Pharmaceutical</a> (RARE) to Outperform from Neutral with a price target of $50, down from $63. The analyst believes the stock price is now attributing a value to the company&#39;s non-commercial pipeline of less than $800M, which provides an attractive entry point, even though the clinical data catalysts don&#39;t appear to pick up until mid-2023 and beyond.</li><li>William Blair analyst Ryan Sundby last night upgraded <a href=\"https://laohu8.com/S/LIND\">Lindblad Expeditions</a> (LIND) to Outperform from Market Perform without a price target. While Lindblad had expected to return to profitability during Q3, the results clearly exceeded even management&#39;s internal expectations, Sundby tells investors in a research note.</li><li>UBS analyst Felix Liu upgraded <a href=\"https://laohu8.com/S/TAL\">TAL Education</a> (TAL) to Buy from Neutral with a price target of $6.50, up from $4.94, after the company reported what he notes was its first quarterly profit since China&#39;s &#34;Double Reduction&#34; regulation.</li></ul><p><b>Top 5 Downgrades:</b></p><ul><li>Rosenblatt analyst Barton Crockett downgraded <a href=\"https://laohu8.com/S/ROKU\">Roku </a> to Neutral from Buy with a price target of $51, down from $100, after the company&#39;s &#34;grim&#34; guidance for Q4. Guggenheim analyst Michael Morris also downgraded Roku to Neutral from Buy.</li><li>Canaccord analyst Maria Ripps downgraded <a href=\"https://laohu8.com/S/Z\">Zillow</a> Group (ZG) to Hold from Buy with a price target of $34, down from $48, post third quarter results. The company&#39;s guidance for Q4 came in meaningfully below expectations, reflecting a worsening real estate environment with rising, volatile mortgage rates impacting affordability and constricting shopping behavior, Ripps tells investors in a research note.</li><li>JPMorgan analyst Harlan Sur double downgraded <a href=\"https://laohu8.com/S/QRVO\">Qorvo</a> (QRVO) to Underweight from Overweight with a price target of $90, down from $125, following fiscal <a href=\"https://laohu8.com/S/QTWO\">Q2</a> results. Intensifying global macro headwinds, combined with sizeable excess inventories at Qorvo and customers, pose increasing challenges to the company&#39;s sales growth and profitability recovery in the near- to mid-term, Sur tells investors in a research note.</li><li><a href=\"https://laohu8.com/S/OPY\">Oppenheimer</a> analyst Brian Schwartz downgraded <a href=\"https://laohu8.com/S/PATH\">UiPath</a> (PATH) to Perform from Outperform without a price target. The analyst believes the macro environment, competitive and internal pressures on improving UiPath&#39;s business, and slow adoption as an enterprise-wide platform will continue to weigh on near-term fundamentals and sentiment.</li><li>RBC Capital analyst Joseph Spak downgraded <a href=\"https://laohu8.com/S/FSR\">Fisker </a> to Sector Perform from Outperform with a price target of $8, down from $13, after the company&#39;s Q3 earnings miss.</li></ul><p><b>Top 5 Initiations:</b></p><ul><li><a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a> analyst Aaron Rakers initiated coverage of <a href=\"https://laohu8.com/S/KEYS\">Keysight</a> Technologies (KEYS) with an Overweight rating and $200 price target. The company can continue to expand margins by driving its software mix above today&#39;s 20% contribution, Rakers tells investors in a research note.</li><li>Roth Capital analyst Brian Wright initiated coverage of Blue Star Foods (BSFC) with a Buy rating and $3 price target. The analyst believes there are important near-, mid- and long-term drivers that should benefit Blue Start Foods shares going forward.</li><li>Citi analyst Nelson Cheung initiated coverage of PropertyGuru (PGRU) with a Buy rating and $7 price target. The analyst likes the company&#39;s self-reinforcing ecosystem with strong network effects.</li><li><a href=\"https://laohu8.com/S/COF\">Capital One</a> analyst Timothy Chiang initiated coverage of Akoya Biosciences (AKYA) with an Overweight rating and $19 price target.</li><li>Deutsche Bank analyst Matthias Pfeifenberger reinstated coverage of HeidelbergCement (HDELY) with a Hold rating and EUR 50 price target. The analyst says another profit warning seems priced into the shares.</li></ul></body></html>","source":"lsy1649979459173","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>Roku, Fisker, UiPath Downgraded: Top Calls on Wall Street</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\">\nRoku, Fisker, UiPath Downgraded: Top Calls on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-03 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/news.php?onthefly=on&h=6><strong>The Fly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Top 5 Upgrades:Citi analyst Jonmichael Shekian upgraded Freshpet (FRPT) to Neutral from Sell with a price target of $66, up from $32, post third quarter results. With Freshpet working to address ...</p>\n\n<a href=\"https://thefly.com/news.php?onthefly=on&h=6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4532":"文艺复兴科技持仓","BK4524":"宅经济概念","BK4548":"巴美列捷福持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4551":"寇图资本持仓","PATH":"UiPath","BK4097":"系统软件","BK4561":"索罗斯持仓","BK4108":"电影和娱乐","BK4505":"高瓴资本持仓","BK4507":"流媒体概念","ROKU":"Roku Inc","BK4539":"次新股"},"source_url":"https://thefly.com/news.php?onthefly=on&h=6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170157193","content_text":"Top 5 Upgrades:Citi analyst Jonmichael Shekian upgraded Freshpet (FRPT) to Neutral from Sell with a price target of $66, up from $32, post third quarter results. With Freshpet working to address manufacturing and supply chain issues, the involvement of activist investor Jana Partners is a positive, even as questions remain over the likelihood of a sale of the company, Shekian tells investors in a research note.Piper Sandler analyst David Amsellem upgraded Alkermes  to Overweight from Neutral with a price target of $30, up from $26, after management announced that it is planning to separate its oncology segment in part as a means of maximizing the profitability of what will eventually be a pure-play neuropsychiatry company.Baird analyst Joel Beatty upgraded Ultragenyx Pharmaceutical (RARE) to Outperform from Neutral with a price target of $50, down from $63. The analyst believes the stock price is now attributing a value to the company's non-commercial pipeline of less than $800M, which provides an attractive entry point, even though the clinical data catalysts don't appear to pick up until mid-2023 and beyond.William Blair analyst Ryan Sundby last night upgraded Lindblad Expeditions (LIND) to Outperform from Market Perform without a price target. While Lindblad had expected to return to profitability during Q3, the results clearly exceeded even management's internal expectations, Sundby tells investors in a research note.UBS analyst Felix Liu upgraded TAL Education (TAL) to Buy from Neutral with a price target of $6.50, up from $4.94, after the company reported what he notes was its first quarterly profit since China's \"Double Reduction\" regulation.Top 5 Downgrades:Rosenblatt analyst Barton Crockett downgraded Roku  to Neutral from Buy with a price target of $51, down from $100, after the company's \"grim\" guidance for Q4. Guggenheim analyst Michael Morris also downgraded Roku to Neutral from Buy.Canaccord analyst Maria Ripps downgraded Zillow Group (ZG) to Hold from Buy with a price target of $34, down from $48, post third quarter results. The company's guidance for Q4 came in meaningfully below expectations, reflecting a worsening real estate environment with rising, volatile mortgage rates impacting affordability and constricting shopping behavior, Ripps tells investors in a research note.JPMorgan analyst Harlan Sur double downgraded Qorvo (QRVO) to Underweight from Overweight with a price target of $90, down from $125, following fiscal Q2 results. Intensifying global macro headwinds, combined with sizeable excess inventories at Qorvo and customers, pose increasing challenges to the company's sales growth and profitability recovery in the near- to mid-term, Sur tells investors in a research note.Oppenheimer analyst Brian Schwartz downgraded UiPath (PATH) to Perform from Outperform without a price target. The analyst believes the macro environment, competitive and internal pressures on improving UiPath's business, and slow adoption as an enterprise-wide platform will continue to weigh on near-term fundamentals and sentiment.RBC Capital analyst Joseph Spak downgraded Fisker  to Sector Perform from Outperform with a price target of $8, down from $13, after the company's Q3 earnings miss.Top 5 Initiations:Wells Fargo analyst Aaron Rakers initiated coverage of Keysight Technologies (KEYS) with an Overweight rating and $200 price target. The company can continue to expand margins by driving its software mix above today's 20% contribution, Rakers tells investors in a research note.Roth Capital analyst Brian Wright initiated coverage of Blue Star Foods (BSFC) with a Buy rating and $3 price target. The analyst believes there are important near-, mid- and long-term drivers that should benefit Blue Start Foods shares going forward.Citi analyst Nelson Cheung initiated coverage of PropertyGuru (PGRU) with a Buy rating and $7 price target. The analyst likes the company's self-reinforcing ecosystem with strong network effects.Capital One analyst Timothy Chiang initiated coverage of Akoya Biosciences (AKYA) with an Overweight rating and $19 price target.Deutsche Bank analyst Matthias Pfeifenberger reinstated coverage of HeidelbergCement (HDELY) with a Hold rating and EUR 50 price target. The analyst says another profit warning seems priced into the shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832921580,"gmtCreate":1629562669940,"gmtModify":1676530071198,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/832921580","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","pubTimestamp":1629728324,"share":"https://www.laohu8.com/m/news/1151608193?lang=&edition=full","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SSNLF":"三星电子","CDNS":"铿腾电子","TSM":"台积电","AAPL":"苹果","AMZN":"亚马逊","GOOGL":"谷歌A","SNPS":"新思科技","ON":"安森美半导体","ASML":"阿斯麦","NVDA":"英伟达","QCOM":"高通","SOXX":"iShares费城交易所半导体ETF","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899879009,"gmtCreate":1628175582101,"gmtModify":1703502656989,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/899879009","repostId":"1173170520","repostType":4,"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834793458,"gmtCreate":1629828444174,"gmtModify":1676530144203,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834793458","repostId":"2161818081","repostType":4,"repost":{"id":"2161818081","pubTimestamp":1629819036,"share":"https://www.laohu8.com/m/news/2161818081?lang=&edition=full","pubTime":"2021-08-24 23:30","market":"us","language":"en","title":"Here's Why Visa Is One of the Best Long-Term Stocks to Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2161818081","media":"Motley Fool","summary":"The largest payments network is still growing.","content":"<p>If you're like millions of people, you've already used your <b><a href=\"https://laohu8.com/S/V\">Visa</a></b>&nbsp;(NYSE:V) card today. And that reach is what makes Visa stand out as a business investors want to be a part of.</p>\n<p>The payment network took a big hit during the early stages of the pandemic, when consumer spending plunged. But it's rebounding along with the economy, and that's where its strength lies. As the largest credit card network in the world, it makes money whenever you swipe your card, making this blue-chip company a surefire bet for long-term growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F636551%2Fgettyimages-1331306883.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Powering payments</h2>\n<p>Visa's network facilitates payments from consumers to merchants and takes a small fee from each transaction. The sheer number of people who use Visa credit cards demonstrates the company's dominance in the market -- there are currently 3.6 billion Visa cards in use, which translates into almost half the world's population. In 2019, Visa processed more than 200 billion transactions, or more than $11 trillion in volume.</p>\n<p>Because Visa's model is a platform, it's a high-margin business that easily turns sales into profits. Operating margin was over 66% in Q3, and Visa turned $6.1 billion in revenue into $2.6 billion in net income. It also produced more than $4 billion in free cash flow, which it uses to grow its business as well as pay dividends and repurchase stock.</p>\n<p>Business plummeted during the height of pandemic restrictions, but the recovery is moving along. Revenue for the company's fiscal third quarter, covering the period ended June 30, increased 27% from the same period in 2020, but&nbsp; 10% over pre-pandemic 2019 levels.</p>\n<p>Because the pandemic was such an outlier, we can see Visa's strength more clearly in its long-term growth. As of the latest quarter, Visa has grown revenue by a 9.5%&nbsp;compound annual growth rate (CAGR) over the past five years, and net income by an even better rate of 14.3%.</p>\n<h2>Fintech revolution</h2>\n<p>One of the ways Visa is protecting its top spot in credit card processing is acquiring and making deals with fintech partners. Its proposed acquisition of Plaid, a private company that connects financial apps with institutions, was scrapped after it was given a no-go by regulators. But it's made many smaller acquisitions to grow its business and especially to stay relevant as digital payments become more important. Most recently, it acquired Currencycloud, an app that simplifies foreign exchange to make cross-border payments easier. In Q3, it also announced that it would acquire Tink, a Swedish-based open banking platform.</p>\n<p>Visa needs to upgrade its systems as companies like <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</b>&nbsp;make it easier to send and spend money digitally. Contactless payments are increasing in popularity, and in the U.S. alone Visa customers have more than 370 million tap-to-pay cards. Installment plans have also taken off, with companies such as <b>Afterpay</b>&nbsp;(recently acquired by <b>Square</b>) and <b>Affirm Holdings</b>&nbsp;demonstrating strong growth, and Visa has launched its own version as well.</p>\n<h2>Rewarding investors</h2>\n<p>At Monday's prices, Visa's stock has gained roughly 190% over the past five years, almost double the <b>S&amp;P 500</b> index. While it's trailing the broader market over the past year, it's still up nearly 15% as it's dealt with the weight of the pandemic. Its dividend yields 0.55% at the current price, well below the S&amp;P 500 average, but the company has raised its payout annually since 2008.</p>\n<p>Since it generally mirrors the state of the economy, which an overwhelming amount of the time expands rather than contracts, Visa is great long-term stock to own. Its top position makes it hard to compete with, and it can provide security and stability to a balanced portfolio.</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's Why Visa Is One of the Best Long-Term Stocks to Buy</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's Why Visa Is One of the Best Long-Term Stocks to Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/24/heres-why-visa-is-one-of-the-best-long-term-stocks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you're like millions of people, you've already used your Visa (NYSE:V) card today. And that reach is what makes Visa stand out as a business investors want to be a part of.\nThe payment network took...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/24/heres-why-visa-is-one-of-the-best-long-term-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"V":"Visa"},"source_url":"https://www.fool.com/investing/2021/08/24/heres-why-visa-is-one-of-the-best-long-term-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161818081","content_text":"If you're like millions of people, you've already used your Visa (NYSE:V) card today. And that reach is what makes Visa stand out as a business investors want to be a part of.\nThe payment network took a big hit during the early stages of the pandemic, when consumer spending plunged. But it's rebounding along with the economy, and that's where its strength lies. As the largest credit card network in the world, it makes money whenever you swipe your card, making this blue-chip company a surefire bet for long-term growth.\nImage source: Getty Images.\nPowering payments\nVisa's network facilitates payments from consumers to merchants and takes a small fee from each transaction. The sheer number of people who use Visa credit cards demonstrates the company's dominance in the market -- there are currently 3.6 billion Visa cards in use, which translates into almost half the world's population. In 2019, Visa processed more than 200 billion transactions, or more than $11 trillion in volume.\nBecause Visa's model is a platform, it's a high-margin business that easily turns sales into profits. Operating margin was over 66% in Q3, and Visa turned $6.1 billion in revenue into $2.6 billion in net income. It also produced more than $4 billion in free cash flow, which it uses to grow its business as well as pay dividends and repurchase stock.\nBusiness plummeted during the height of pandemic restrictions, but the recovery is moving along. Revenue for the company's fiscal third quarter, covering the period ended June 30, increased 27% from the same period in 2020, but  10% over pre-pandemic 2019 levels.\nBecause the pandemic was such an outlier, we can see Visa's strength more clearly in its long-term growth. As of the latest quarter, Visa has grown revenue by a 9.5% compound annual growth rate (CAGR) over the past five years, and net income by an even better rate of 14.3%.\nFintech revolution\nOne of the ways Visa is protecting its top spot in credit card processing is acquiring and making deals with fintech partners. Its proposed acquisition of Plaid, a private company that connects financial apps with institutions, was scrapped after it was given a no-go by regulators. But it's made many smaller acquisitions to grow its business and especially to stay relevant as digital payments become more important. Most recently, it acquired Currencycloud, an app that simplifies foreign exchange to make cross-border payments easier. In Q3, it also announced that it would acquire Tink, a Swedish-based open banking platform.\nVisa needs to upgrade its systems as companies like PayPal Holdings make it easier to send and spend money digitally. Contactless payments are increasing in popularity, and in the U.S. alone Visa customers have more than 370 million tap-to-pay cards. Installment plans have also taken off, with companies such as Afterpay (recently acquired by Square) and Affirm Holdings demonstrating strong growth, and Visa has launched its own version as well.\nRewarding investors\nAt Monday's prices, Visa's stock has gained roughly 190% over the past five years, almost double the S&P 500 index. While it's trailing the broader market over the past year, it's still up nearly 15% as it's dealt with the weight of the pandemic. Its dividend yields 0.55% at the current price, well below the S&P 500 average, but the company has raised its payout annually since 2008.\nSince it generally mirrors the state of the economy, which an overwhelming amount of the time expands rather than contracts, Visa is great long-term stock to own. Its top position makes it hard to compete with, and it can provide security and stability to a balanced portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891136862,"gmtCreate":1628346802856,"gmtModify":1703505291721,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/891136862","repostId":"1139912651","repostType":4,"isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179501344,"gmtCreate":1626549097288,"gmtModify":1703761609193,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/179501344","repostId":"2152689797","repostType":4,"repost":{"id":"2152689797","pubTimestamp":1626525420,"share":"https://www.laohu8.com/m/news/2152689797?lang=&edition=full","pubTime":"2021-07-17 20:37","market":"us","language":"en","title":"Is This Apple Supplier a Buy Before Its Next Earnings Report?","url":"https://stock-news.laohu8.com/highlight/detail?id=2152689797","media":"Motley Fool","summary":"An attractive valuation and solid prospects make this chipmaker an enticing bet right now.","content":"<p><b>Skyworks Solutions</b> (NASDAQ:SWKS) didn't get much love from investors at the end of April despite delivering a solid set of earnings results that cleared Wall Street's expectations. Share prices of the chipmaker fell substantially after its Q2 earnings report nearly three months ago, but they have regained their mojo since then.</p>\n<p>Thanks to the recent surge, Skyworks stock price finished the first half of 2021 with respectable gains of 26%. The company will release its fiscal third-quarter results on July&nbsp;29, which could act as a catalyst for the stock and send it even higher in the second half of the year and beyond. Let's see what's expected of Skyworks and why it may be a good idea to buy the stock before its upcoming earnings report.</p>\n<p><img src=\"https://static.tigerbbs.com/dab7e954283ee07bd99cb9210cdf6a91\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<h2>Skyworks Solutions' stellar growth should continue in Q3</h2>\n<p>Skyworks Solutions' revenue shot up 61% year over year in the first six months of fiscal 2021 to $2.68 billion, while non-GAAP net income increased 84% over the prior-year period to $955.7 million. For the third quarter, the chipmaker expects year-over-year revenue growth of 49% to $1.1 billion at the midpoint of its guidance range. Adjusted earnings are forecast to jump 70% year over year to $2.13 per share.</p>\n<p>Skyworks' impressive Q3 guidance was based on the robust demand trends in mobile and the broader wireless connectivity market. The mobile business, which made up two-thirds of Skyworks' Q2 revenue, has been supercharged by the arrival of 5G smartphones. The chipmaker's relationship with <b>Apple</b> (NASDAQ:AAPL) has played a key role in this regard, as the iPhone maker accounted for 56%&nbsp;of Skyworks' total revenue in fiscal 2020.</p>\n<p>Skyworks is a key supplier of wireless components&nbsp;for the iPhone 12. Each unit of the device reportedly contains as many as eight chips from Skyworks, according to a teardown of the phone. Not surprisingly, the success of Apple's latest 5G smartphones has rubbed off on the chipmaker.</p>\n<p>Apple's iPhone 12 builds in the June quarter, which coincides with Skyworks' fiscal Q3, are expected to increase 26% over the prior-year period to 44 million units, according to Cowen. It is worth noting that Cowen's estimate of 57 million iPhone units shipping in the first quarter of 2021 was pretty accurate. Although Apple has stopped officially reporting the total, outsider estimates suggest the estimate was spot on.</p>\n<p>Volume growth at Skyworks' largest customer should ensure that it meets the ambitious revenue and earnings growth targets for Q3, especially considering that 5G devices are carrying more wireless content than their 4G predecessors.</p>\n<p>Additionally, Skyworks' broad markets portfolio, which relies on the Internet of Things (IoT) market for growth, has secured design wins across various verticals. Broad markets revenue had shot up 67% year over year in Q2 to $385 million as demand for wireless connectivity beyond smartphones increased.</p>\n<p>So Skyworks is sitting on two impressive growth drivers that could ensure the continuation of its momentum. The good news is that its catalysts could get better in the second half of the year and beyond.</p>\n<h2>Better times lie ahead as 5G gains momentum</h2>\n<p>End-market developments indicate that Skyworks' guidance could be much better than Wall Street estimates. Analysts expect&nbsp;the chipmaker's revenue to increase 27.6% year over year to $1.22 billion in the fiscal fourth quarter. But explosive smartphone demand for Apple's iPhone could help Skyworks easily clear those expectations.</p>\n<p>According to supply chain estimates, Apple is expected to increase&nbsp;the initial production of this year's rumored iPhone 13 models to 90 million units, up from the iPhone 12's 75 million units. With the launch of this year's iPhones just a couple of months&nbsp;away, production is reportedly in full swing, and probably ahead of schedule (as supply chain gossip suggests).</p>\n<p>Even better, Apple seems set for multiyear growth in the 5G era, as more than 80% of its installed base is running non-5G iPhones. All told, the bright prospects of Skyworks' biggest customer bode well for the chipmaker both in the short and in the long run.</p>\n<p>More importantly, Skyworks' 5G opportunity isn't restricted to just Apple. It counts&nbsp;the likes of Samsung, Oppo, Vivo, and <b>Xiaomi</b> as customers, which means that the top five 5G smartphone vendors (including Apple) use Skyworks' chips in their devices. This is great news for Skyworks investors, as the global 5G smartphone market is anticipated to clock 124% annual growth through 2025, according to third-party estimates. The market's secular growth should pave the way for tremendous growth in the company's mobile business.</p>\n<p>Given these tailwinds, it is not surprising to see analysts expecting&nbsp;Skyworks' earnings to grow at an annual rate of nearly 17% for the next five years, up from the single-digit growth it has recorded in the past five. Additionally, the stock is trading at just 26 times trailing earnings versus the <b>Nasdaq 100</b>'s price-to-earnings ratio of&nbsp;38.25 (of which Skyworks is a part).</p>\n<p>So investors looking to add a 5G stock to their portfolios should keep Skyworks Solutions within their sights because it offers a mix of value and growth. But it may not be available for cheap for long, as a strong earnings report could send the stock higher.</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>Is This Apple Supplier a Buy Before Its Next Earnings Report?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs This Apple Supplier a Buy Before Its Next Earnings Report?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/17/apple-supplier-buy-before-next-earnings-skyworks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Skyworks Solutions (NASDAQ:SWKS) didn't get much love from investors at the end of April despite delivering a solid set of earnings results that cleared Wall Street's expectations. Share prices of the...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/17/apple-supplier-buy-before-next-earnings-skyworks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/07/17/apple-supplier-buy-before-next-earnings-skyworks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152689797","content_text":"Skyworks Solutions (NASDAQ:SWKS) didn't get much love from investors at the end of April despite delivering a solid set of earnings results that cleared Wall Street's expectations. Share prices of the chipmaker fell substantially after its Q2 earnings report nearly three months ago, but they have regained their mojo since then.\nThanks to the recent surge, Skyworks stock price finished the first half of 2021 with respectable gains of 26%. The company will release its fiscal third-quarter results on July 29, which could act as a catalyst for the stock and send it even higher in the second half of the year and beyond. Let's see what's expected of Skyworks and why it may be a good idea to buy the stock before its upcoming earnings report.\n\nSkyworks Solutions' stellar growth should continue in Q3\nSkyworks Solutions' revenue shot up 61% year over year in the first six months of fiscal 2021 to $2.68 billion, while non-GAAP net income increased 84% over the prior-year period to $955.7 million. For the third quarter, the chipmaker expects year-over-year revenue growth of 49% to $1.1 billion at the midpoint of its guidance range. Adjusted earnings are forecast to jump 70% year over year to $2.13 per share.\nSkyworks' impressive Q3 guidance was based on the robust demand trends in mobile and the broader wireless connectivity market. The mobile business, which made up two-thirds of Skyworks' Q2 revenue, has been supercharged by the arrival of 5G smartphones. The chipmaker's relationship with Apple (NASDAQ:AAPL) has played a key role in this regard, as the iPhone maker accounted for 56% of Skyworks' total revenue in fiscal 2020.\nSkyworks is a key supplier of wireless components for the iPhone 12. Each unit of the device reportedly contains as many as eight chips from Skyworks, according to a teardown of the phone. Not surprisingly, the success of Apple's latest 5G smartphones has rubbed off on the chipmaker.\nApple's iPhone 12 builds in the June quarter, which coincides with Skyworks' fiscal Q3, are expected to increase 26% over the prior-year period to 44 million units, according to Cowen. It is worth noting that Cowen's estimate of 57 million iPhone units shipping in the first quarter of 2021 was pretty accurate. Although Apple has stopped officially reporting the total, outsider estimates suggest the estimate was spot on.\nVolume growth at Skyworks' largest customer should ensure that it meets the ambitious revenue and earnings growth targets for Q3, especially considering that 5G devices are carrying more wireless content than their 4G predecessors.\nAdditionally, Skyworks' broad markets portfolio, which relies on the Internet of Things (IoT) market for growth, has secured design wins across various verticals. Broad markets revenue had shot up 67% year over year in Q2 to $385 million as demand for wireless connectivity beyond smartphones increased.\nSo Skyworks is sitting on two impressive growth drivers that could ensure the continuation of its momentum. The good news is that its catalysts could get better in the second half of the year and beyond.\nBetter times lie ahead as 5G gains momentum\nEnd-market developments indicate that Skyworks' guidance could be much better than Wall Street estimates. Analysts expect the chipmaker's revenue to increase 27.6% year over year to $1.22 billion in the fiscal fourth quarter. But explosive smartphone demand for Apple's iPhone could help Skyworks easily clear those expectations.\nAccording to supply chain estimates, Apple is expected to increase the initial production of this year's rumored iPhone 13 models to 90 million units, up from the iPhone 12's 75 million units. With the launch of this year's iPhones just a couple of months away, production is reportedly in full swing, and probably ahead of schedule (as supply chain gossip suggests).\nEven better, Apple seems set for multiyear growth in the 5G era, as more than 80% of its installed base is running non-5G iPhones. All told, the bright prospects of Skyworks' biggest customer bode well for the chipmaker both in the short and in the long run.\nMore importantly, Skyworks' 5G opportunity isn't restricted to just Apple. It counts the likes of Samsung, Oppo, Vivo, and Xiaomi as customers, which means that the top five 5G smartphone vendors (including Apple) use Skyworks' chips in their devices. This is great news for Skyworks investors, as the global 5G smartphone market is anticipated to clock 124% annual growth through 2025, according to third-party estimates. The market's secular growth should pave the way for tremendous growth in the company's mobile business.\nGiven these tailwinds, it is not surprising to see analysts expecting Skyworks' earnings to grow at an annual rate of nearly 17% for the next five years, up from the single-digit growth it has recorded in the past five. Additionally, the stock is trading at just 26 times trailing earnings versus the Nasdaq 100's price-to-earnings ratio of 38.25 (of which Skyworks is a part).\nSo investors looking to add a 5G stock to their portfolios should keep Skyworks Solutions within their sights because it offers a mix of value and growth. But it may not be available for cheap for long, as a strong earnings report could send the stock higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154849252,"gmtCreate":1625502184976,"gmtModify":1703742782553,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Comment and like&nbsp;","listText":"Comment and like&nbsp;","text":"Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/154849252","repostId":"1109703914","repostType":4,"repost":{"id":"1109703914","pubTimestamp":1625464355,"share":"https://www.laohu8.com/m/news/1109703914?lang=&edition=full","pubTime":"2021-07-05 13:52","market":"us","language":"en","title":"Is the Stock Market Open or Closed on Independence Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109703914","media":"Thestreet","summary":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.So will the major markets open or close for the holiday?The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.It's one of nine full-closing daysfor the stock market this year.For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading i","content":"<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.</p>\n<p>So will the major markets open or close for the holiday?</p>\n<p>The New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.</p>\n<p>It's&nbsp;one of nine full-closing daysfor the stock market this year.</p>\n<p>For instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.</p>\n<p>Normal stock-trading hours run 9:30 a.m. to 4 p.m. ET.</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>Is the Stock Market Open or Closed on Independence Day?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the Stock Market Open or Closed on Independence Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 13:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the...</p>\n\n<a href=\"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.thestreet.com/investing/independence-day-stock-markets-trading-hours","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109703914","content_text":"Independence Day in the U.S. is for many a picnic-and-beach day. But July 4 this year falls on a Sunday, which in the United States isn't a trading day.\nSo will the major markets open or close for the holiday?\nThe New York Stock Exchange and the Nasdaq will, in fact, be closed on Monday, July 5, to celebrate Independence Day.\nIt's one of nine full-closing daysfor the stock market this year.\nFor instance, the stock market will close for Thanksgiving on Thursday, Nov. 25. On Friday, Nov. 26, trading is scheduled for a bit more than a half-day, 9:30 a.m. to 1 p.m. ET.\nNormal stock-trading hours run 9:30 a.m. to 4 p.m. ET.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180331213,"gmtCreate":1623181995632,"gmtModify":1704197761668,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment! Thanks&nbsp;","listText":"Like and comment! Thanks&nbsp;","text":"Like and comment! Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/180331213","repostId":"1166056944","repostType":4,"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573673722181526","authorId":"3573673722181526","name":"SanJunn","avatar":"https://static.tigerbbs.com/78c6809a1be9f1cc1adde008aa6dd4de","crmLevel":2,"crmLevelSwitch":0},"content":"Reply also please , thanks","text":"Reply also please , thanks","html":"Reply also please , thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117337200,"gmtCreate":1623116563300,"gmtModify":1704196389756,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/117337200","repostId":"2141342255","repostType":4,"repost":{"id":"2141342255","pubTimestamp":1623098661,"share":"https://www.laohu8.com/m/news/2141342255?lang=&edition=full","pubTime":"2021-06-08 04:44","market":"us","language":"en","title":"S&P closes nominally lower as investors wait for a catalyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2141342255","media":"REUTERS","summary":"NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), wit","content":"<div>\n<p>NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P closes nominally lower as investors wait for a catalyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P closes nominally lower as investors wait for a catalyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 04:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst><strong>REUTERS</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares","OEX":"标普100","IVV":"标普500指数ETF","BIIB":"渤健公司","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF"},"source_url":"http://www.straitstimes.com/business/companies-markets/sp-closes-nominally-lower-as-investors-wait-for-a-catalyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141342255","content_text":"NEW YORK (REUTERS) - The S&P 500 ended a languid session slightly in the red on Monday (June 7), with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, and a lack of market-moving economic news.The Dow closed well within negative territory, while the Nasdaq advanced. Still, the S&P and the Dow remained inside one percentage point of their record closing highs.\"Thematically, we're done with earnings, so you have this lull in between earnings when what drives the market is economic data points,\" said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. \"There's not a lot of impetus for investors to take action today.\"\"There's been this flip-flop between whether inflation will be transitory or persistent, and the next card that gets flipped over for that is the CPI report on Thursday,\" Sroka added.Small-caps outperformed as the ongoing retail frenzy boosted stocks whose recent explosive trading volumes have been attributed to social media buzz.AMC Entertainment Holdings jumped 14.8%, extending the previous week's 85% gain.Other so-called \"meme stocks,\" including GameStop and US-listed shares of Blackberry advanced between 7% and 14%.\"You've seen a decades-long, technology-enabled democratisation of the market and there's certainly groups of individual investors that flock to these ideas,\" Sroka said. \"We're seeing speculative trading in an age of multiple outlets and social media amplifies the news.\"The Group of Seven (G-7) advanced economies agreed on Saturday to back a minimum global corporate tax rate of at least 15%, a move Treasury Secretary Janet Yellen called a \"significant, unprecedented commitment\" to bring what she called a race to the bottom on global taxation.Lawmakers in Washington are doubling down on efforts to craft a bipartisan infrastructure spending package, with House Democrats expected to bring a bill to vote as early as Wednesday.The Dow Jones Industrial Average fell 126.15 points, or 0.36%, to 34,630.24; the S&P 500 lost 3.37 points, or 0.08%, at 4,226.52; and the Nasdaq Composite added 67.23 points, or 0.49%, at 13,881.72.Of the 11 major sectors in the S&P 500, seven lost ground, with materials suffering the largest percentage drop.Real estate led the gainers.Shares of Biogen Inc surged 38.3% following news that the US Food and Drug Administration approved its Alzheimer's disease drug aducanumab.Data centre operator QTS Realty Trust jumped 21.2% on reports of a takeover deal by investment firm Blackstone Group worth $6.7 billion. Cruise operator Royal Caribbean announced that six of its ships would begin sailing from Florida and Texas ports in July and August.Its shares gained 0.4%, while rivals Carnival and Norwegian Cruise Line advanced 1.1% and 3.1%, respectively.Advancing issues outnumbered decliners on the NYSE by a 1.35-to-1 ratio; on Nasdaq, a 1.82-to-1 ratio favored advancers.The S&P 500 posted 62 new 52-week highs and one new low; the Nasdaq Composite recorded 168 new highs and 21 new lows.Volume on U.S. exchanges was 10.52 billion shares, compared with the 10.71 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860806734,"gmtCreate":1632149570728,"gmtModify":1676530712014,"author":{"id":"3584939916187250","authorId":"3584939916187250","name":"EAvenue","avatar":"https://static.tigerbbs.com/e3beb412a0aa565cfaac4f68f1721fd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/860806734","repostId":"1194891884","repostType":4,"repost":{"id":"1194891884","pubTimestamp":1632091615,"share":"https://www.laohu8.com/m/news/1194891884?lang=&edition=full","pubTime":"2021-09-20 06:46","market":"us","language":"en","title":"Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1194891884","media":"Barrons","summary":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also","content":"<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.</p>\n<p>Lennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report&nbsp;on Thursday. Investor days this week include&nbsp;Biogen on Tuesday,&nbsp;Weyerhaeuser on Wednesday, and&nbsp;Salesforce.com on Thursday.</p>\n<p>The Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely&nbsp;to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s&nbsp;press conference with Fed chair Jerome Powell will be closely&nbsp;watched.</p>\n<p>Economic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’&nbsp;existing-home sales for August on Wednesday.</p>\n<p><b>Monday 9/20</b></p>\n<p>Lennar reports third-quarter fiscal-2021 results.</p>\n<p>Merck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.</p>\n<p><b>The National Association</b>&nbsp;of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.</p>\n<p><b>Tuesday 9/21</b></p>\n<p>Adobe, AutoZone, and FedEx release earnings.</p>\n<p>Biogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.</p>\n<p><b>The Census Bureau</b>&nbsp;reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.</p>\n<p><b>Wednesday 9/22</b></p>\n<p><b>The FOMC announces</b>&nbsp;its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.</p>\n<p>General Mills reports first-quarter fiscal-2022 results.</p>\n<p>Boston Scientific,Weyerhaeuser, and&nbsp;Yum China Holdings&nbsp;host their 2021 investor days.</p>\n<p><b>TheBank of Japan</b>&nbsp;announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.</p>\n<p><b>The National Association</b>&nbsp;of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5%&nbsp;from July’s 599,000.</p>\n<p><b>Thursday 9/23</b></p>\n<p>Accenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.</p>\n<p>Salesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.</p>\n<p><b>The Conference Board</b>&nbsp;releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.</p>\n<p><b>Friday 9/24</b></p>\n<p>Kansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week</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\">\nNike, Costco, FedEx, Salesforce, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 06:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.\n...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","NKE":"耐克","COST":"好市多","FDX":"联邦快递",".DJI":"道琼斯","ADBE":"Adobe",".IXIC":"NASDAQ Composite","CRM":"赛富时"},"source_url":"https://www.barrons.com/articles/nike-costco-fedex-salesforce-and-other-stocks-for-investors-to-watch-this-week-51632078208?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194891884","content_text":"The main event this week will be the Federal Reserve’s September policy meeting. Investors will also be watching for several corporate earnings releases, investor days, and the latest economic data.\nLennar reports quarterly earnings on Monday, followed by results from Adobe, AutoZone, and FedEx on Tuesday. General Mills goes on Wednesday, then Nike, Accenture, Costco Wholesale, and Darden Restaurants report on Thursday. Investor days this week include Biogen on Tuesday, Weyerhaeuser on Wednesday, and Salesforce.com on Thursday.\nThe Federal Reserve’s monetary policy committee meets on Tuesday and Wednesday this week. The central bank is unlikely to change its target interest rate range, but could give an update on its plans to begin reducing its monthly asset purchases. Wednesday afternoon’s press conference with Fed chair Jerome Powell will be closely watched.\nEconomic data out this week include the Conference Board’s Leading Economic Index for August on Thursday. There will also be several updates on the U.S. housing market including the National Association of Home Builders’ Housing Market Index for September on Monday, the Census Bureau’s new residential construction data for August on Tuesday, and the National Association of Realtors’ existing-home sales for August on Wednesday.\nMonday 9/20\nLennar reports third-quarter fiscal-2021 results.\nMerck presents data on its portfolio of cancer drugs, in conjunction with the European Society for Medical Oncology’s 2021 Congress.\nThe National Association of Home Builders releases its Housing Market Index for September. Economists forecast a 73 reading, two points below August’s figure, which was the lowest in more than a year.\nTuesday 9/21\nAdobe, AutoZone, and FedEx release earnings.\nBiogen hosts an investor day to discuss its pipeline of neuroscience therapeutics.\nThe Census Bureau reports on new residential construction for August. Consensus estimate is for a seasonally adjusted annual rate of 1.55 million housing starts, 1% higher than the July level. Housing starts are down from their post–financial crisis peak of 1.725 million, reached in March of this year.\nWednesday 9/22\nThe FOMC announces its monetary-policy decision. The Federal Reserve is likely to keep the federal-funds rate unchanged at near zero, but might signal that it will pare its asset purchases later this year.\nGeneral Mills reports first-quarter fiscal-2022 results.\nBoston Scientific,Weyerhaeuser, and Yum China Holdings host their 2021 investor days.\nTheBank of Japan announces its monetary-policy decision. The BOJ is widely expected to keep its key short-term interest rate unchanged at minus 0.1%, as Tokyo and other regions remain in a state of emergency through the end of September due to the Covid-19 Delta variant.\nThe National Association of Realtors reports existing-home sales for August. Expectations are for a seasonally adjusted annual rate of 578,000 homes sold, down 3.5% from July’s 599,000.\nThursday 9/23\nAccenture, Costco Wholesale, Darden Restaurants, and Nike hold conference calls to discuss their quarterly results.\nSalesforce.com holds its 2021 investor day. CEO Marc Benioff and Slack CEO Stewart Butterfield will be among the participants. Salesforce completed its $28 billion acquisition of Slack this summer.\nThe Conference Board releases its Leading Economic Index for August. Economists forecast a 0.5% month-over-month rise, after a 0.9% increase in July. The Conference Board currently projects 6% gross-domestic-product growth for 2021, and 4% for 2022.\nFriday 9/24\nKansas City Southernhosts a special shareholder meeting to vote on a proposed merger withCanadian Pacific Railway.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}