Phyblesseth personal page - To The Moon

Phyblesseth

Phyblesseth

No personal profile

53Follow

8Followers

0Topic

0Badge

2021-09-08

Hi can I have a like pls

Bitcoin Endured a Rocky Day. What's Behind the Selloff

2021-07-15

Can I have a like pls

The Big Crash Is Imminent

2021-07-10

Noted… can some kind soul give me a like ? Thanks

Sorry, the original content has been removed

2021-07-06

Can some kind soul give me a like. Please Thanks

Nvidia Gains on Another Analyst Price-Target Boost

2021-07-03

Any kind soul out there Give me a like plsss Thanks

5 wise money moves before the Fed starts raising interest rates again

2021-07-01

Pls give me a like pls…

Sorry, the original content has been removed

2021-07-01

Indeed very volatile…

Boom, bust and bewildered: Bitcoin's year so far

2021-06-30

Well noted

Toplines Before US Market Open on Wednesday

2021-06-30

Can I have a like pls

3 Reasons Amazon Could Quadruple Within 5 Years

2021-06-30

Can I have a like pls …. Thank you

SoFi Technologies Needs to Gain API Traction Before Once-SPAC Shares Will Move

2021-06-29

Hi, can u give me a like please.. thanks

Amazon Stock: Get Ready For Earnings Season

2021-06-28

Please give me a like.. thank you

Sorry, the original content has been removed

2021-06-24

Could u pls give me a like. Thanks

S&P 500 rises to retake record at the open, wiping out last week’s Fed swoon

2021-06-23

Read….Please give me like n comment pls

These 3 Dow Stocks Are Set to Soar in 2021's Second Half

2021-06-23

Inflation is a all time reality everyone knows…Pls give me a like and comments pls

Sorry, the original content has been removed

2021-06-22

Please give me a like and comments…

EV stocks fell in morning trading

2021-06-19

Wonder abt the headlines…

Amazon: A No-Brainer For The Next 10 Years

2021-06-19

Wow.. this is good…Can I have a like and comment pls

Investors Leap at Chance to Double Their Money in 1,387 Years

2021-06-18

E-commerce is a very common and in trend thing

Sorry, the original content has been removed

2021-06-18

Pls give me a like n comments pls

Sorry, the original content has been removed

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3585632581777273","uuid":"3585632581777273","gmtCreate":1622538936291,"gmtModify":1623144453828,"name":"Phyblesseth","pinyin":"phyblesseth","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":8,"headSize":53,"tweetSize":30,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.26","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.03.23","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.39%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":889349032,"gmtCreate":1631111251326,"gmtModify":1676530471645,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Hi can I have a like pls&nbsp;","listText":"Hi can I have a like pls&nbsp;","text":"Hi can I have a like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/889349032","repostId":"1154837170","repostType":4,"repost":{"id":"1154837170","kind":"news","pubTimestamp":1631090918,"share":"https://ttm.financial/m/news/1154837170?lang=&edition=fundamental","pubTime":"2021-09-08 16:48","market":"us","language":"en","title":"Bitcoin Endured a Rocky Day. What's Behind the Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=1154837170","media":"Barron's","summary":"It should have been a happy day for Bitcoin, but it’s turned into a rout.Bitcoin  was trading was around $47,000 on Tuesday afternoon, down 9% in the last 24 hours, after dipping down to $42,900 this morning. Bitcoin had been above $52,800 before the selloff.Other cryptos were also ailing, including Ethereum , down 12% to $3,460.The selloff may reflect profit-taking after prices started rising in late July. Bitcoin had gained more than 50% since late July when it traded around $34,000. Ethereum ","content":"<p>It should have been a happy day for Bitcoin, but it’s turned into a rout.</p>\n<p>Bitcoin (ticker: BTC) was trading was around $47,000 on Tuesday afternoon, down 9% in the last 24 hours, after dipping down to $42,900 this morning. Bitcoin had been above $52,800 before the selloff.</p>\n<p>Other cryptos were also ailing, including Ethereum (ETH), down 12% to $3,460.</p>\n<p>The selloff may reflect profit-taking after prices started rising in late July. Bitcoin had gained more than 50% since late July when it traded around $34,000. Ethereum has also been flying, following a technical upgrade in its underlying blockchain network.</p>\n<p>The down day may also reflect a “sell the news” dynamic after El Salvador became the first country to adopt Bitcoin as legal tender, alongside the dollar– the country’s other official currency.</p>\n<p>Merchants in El Salvador are now supposed to accept Bitcoin for goods and services. Citizens have been promised $30 worth of Bitcoin in their digital wallets by the government. McDonald’s has started accepting Bitcoin in El Salvador, according to Reuters. And the government of president Nayib Bukele has been buying Bitcoin, including at least $20 million worth, ahead of the official launch.</p>\n<p>But El Salvador’s crypto experiment isn’t sitting well with organizations like the International Monetary Fund and World Bank, which have warned El Salvador that its adoption as legal tender could imperil financial stability. Other countries are cracking down on crypto transactions, mining, and exchanges, indicating that El Salvador may be an outlier for now.</p>\n<p>Crypto watchers are also blaming technical factors for the market downturn. Assuming prices don’t suddenly surge, Bitcoin is now in for “outside-down” day, says Katie Stockton, founder and managing partner of Fairlead Strategies, a crypto-trading research firm. The means Bitcoin is trading in a wider range and headed for a lower close than yesterday (assuming a 5 p.m. cutoff, though it trades 24 hours).</p>\n<p>“The implications are for additional consolidation,” she says. So far, the selloff looks like a minor setback, she adds, since Bitcoin hasn’t breached its 50-day moving average around $44,000, which is its next support level.</p>\n<p>“A breach of $44,000 isn’t a breakdown,” she says. “It’s a test of the 50-day moving average. “There is strong support for Bitcoin and most crytpos pretty close to their current lows.”</p>\n<p>Other factors that may have contributed to the selloff include reports of outages and “unscheduled maintenance” at Bitfinix, a leading crypto exchange. Coinbase Global (ticker: COIN) also experienced a spike in outages around noon, according to Downdetector.</p>\n<p>Even if prices stabilize from here, it’s a reminder that Bitcoin and other cryptos remain vulnerable to rapid-fire declines. While you may be able to buy a Big Mac with a sliver of Bitcoin in San Salvador, you may be better off keeping it in your digital wallet–or not–depending on the time of day.</p>","source":"lsy1610680873436","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>Bitcoin Endured a Rocky Day. What's Behind the Selloff</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\">\nBitcoin Endured a Rocky Day. What's Behind the Selloff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/bitcoin-crypto-prices-drop-today-51631048243?mod=hp_LEAD_1><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It should have been a happy day for Bitcoin, but it’s turned into a rout.\nBitcoin (ticker: BTC) was trading was around $47,000 on Tuesday afternoon, down 9% in the last 24 hours, after dipping down to...</p>\n\n<a href=\"https://www.barrons.com/articles/bitcoin-crypto-prices-drop-today-51631048243?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.barrons.com/articles/bitcoin-crypto-prices-drop-today-51631048243?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154837170","content_text":"It should have been a happy day for Bitcoin, but it’s turned into a rout.\nBitcoin (ticker: BTC) was trading was around $47,000 on Tuesday afternoon, down 9% in the last 24 hours, after dipping down to $42,900 this morning. Bitcoin had been above $52,800 before the selloff.\nOther cryptos were also ailing, including Ethereum (ETH), down 12% to $3,460.\nThe selloff may reflect profit-taking after prices started rising in late July. Bitcoin had gained more than 50% since late July when it traded around $34,000. Ethereum has also been flying, following a technical upgrade in its underlying blockchain network.\nThe down day may also reflect a “sell the news” dynamic after El Salvador became the first country to adopt Bitcoin as legal tender, alongside the dollar– the country’s other official currency.\nMerchants in El Salvador are now supposed to accept Bitcoin for goods and services. Citizens have been promised $30 worth of Bitcoin in their digital wallets by the government. McDonald’s has started accepting Bitcoin in El Salvador, according to Reuters. And the government of president Nayib Bukele has been buying Bitcoin, including at least $20 million worth, ahead of the official launch.\nBut El Salvador’s crypto experiment isn’t sitting well with organizations like the International Monetary Fund and World Bank, which have warned El Salvador that its adoption as legal tender could imperil financial stability. Other countries are cracking down on crypto transactions, mining, and exchanges, indicating that El Salvador may be an outlier for now.\nCrypto watchers are also blaming technical factors for the market downturn. Assuming prices don’t suddenly surge, Bitcoin is now in for “outside-down” day, says Katie Stockton, founder and managing partner of Fairlead Strategies, a crypto-trading research firm. The means Bitcoin is trading in a wider range and headed for a lower close than yesterday (assuming a 5 p.m. cutoff, though it trades 24 hours).\n“The implications are for additional consolidation,” she says. So far, the selloff looks like a minor setback, she adds, since Bitcoin hasn’t breached its 50-day moving average around $44,000, which is its next support level.\n“A breach of $44,000 isn’t a breakdown,” she says. “It’s a test of the 50-day moving average. “There is strong support for Bitcoin and most crytpos pretty close to their current lows.”\nOther factors that may have contributed to the selloff include reports of outages and “unscheduled maintenance” at Bitfinix, a leading crypto exchange. Coinbase Global (ticker: COIN) also experienced a spike in outages around noon, according to Downdetector.\nEven if prices stabilize from here, it’s a reminder that Bitcoin and other cryptos remain vulnerable to rapid-fire declines. While you may be able to buy a Big Mac with a sliver of Bitcoin in San Salvador, you may be better off keeping it in your digital wallet–or not–depending on the time of day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147500390,"gmtCreate":1626361639910,"gmtModify":1703758758826,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Can I have a like pls&nbsp;","listText":"Can I have a like pls&nbsp;","text":"Can I have a like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147500390","repostId":"1155093230","repostType":4,"repost":{"id":"1155093230","kind":"news","pubTimestamp":1626359281,"share":"https://ttm.financial/m/news/1155093230?lang=&edition=fundamental","pubTime":"2021-07-15 22:28","market":"us","language":"en","title":"The Big Crash Is Imminent","url":"https://stock-news.laohu8.com/highlight/detail?id=1155093230","media":"seekingalpha","summary":"Summary\n\nThe continuous easing of monetary policy inflated various stocks to levels last seen during","content":"<p><b>Summary</b></p>\n<ul>\n <li>The continuous easing of monetary policy inflated various stocks to levels last seen during the dot.com bubble in 2000.</li>\n <li>The bubble is relatively concentrated and doesn't necessarily pose threats to the market as a whole.</li>\n <li>While it is clear that there is a strong deviation from historical valuation norms, valuations could continue to rise (at least in the short term).</li>\n <li>This article is not meant as fear-mongering, and I may very possibly be wrong about my hypothesis.</li>\n</ul>\n<p>It seems that the talk about whether we are in another Tech bubble has been going on for many years. Articles and news calling for the 'crash of the decade' have been condemned as fear-mongering with little substance to them. After all, technology stocks kept on rising, and those who listened missed out on impressive gains. Now, generally speaking, neither have I been too worried about valuations in the best, as fundamentals towards Technology in our society are simply too strong.</p>\n<p>However, a lot has changed over the course of the pandemic, which has led me to rethink my perspective. As the global pandemic shut down economies around the world and caused substantial economic contraction, federal banks counteracted by injecting trillions of dollars into the economy in the form of stimulus checks, grants, loans, etc. As a result, fresh liquidity immediately reflected itself in stocks and other market instruments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c688f97bd5e513daa2e0c76d5ace6a1c\" tg-width=\"1845\" tg-height=\"651\" referrerpolicy=\"no-referrer\"><span>Source: Bloomberg</span></p>\n<p>Throughout this article, I want to demonstrate a few graphs to strengthen my argument, with the chart above being the first one. The Nasdaq 100 is perhaps the most common index to track the technology market, although it only includes profitable and large-cap Tech stocks. On average, the index currently holds a Price to Sales ratio of 5.7x, levels that the Index last saw in early 2001 after the dot.com bubble began to bust.</p>\n<p>It is important to note that at the height of the bubble, the ratio stood at 7.5x, around 30% higher than it is right now. Still, the median valuation has been trailing significantly lower, at around 3.5x over the last 20 years. Of course, it can be argued that Technology deserves a higher valuation these days due to the increased use of Technology and perhaps higher growth rates. However, should Technology valuations be nearly 100% higher than just 5 years ago, in 2016, where Technology integration was pretty much at the same level as today?</p>\n<p>Profitability</p>\n<p>In recent years, unprofitable but growing companies have been favored over mature and profitable companies. Usually, rotations from Growth to Value or the other way around occur every 2-5 years, which is totally unsurprising. Historically, in terms of performance, there has been no significant difference in terms of returns on a risk-adjusted basis - it really does depend on the time period of investing. That said, in the last 5 years, growth outperformed value by a wide margin - by 105% to be exact. I derived this from the 5-year performance chart of Vanguard's Growth ETF vs. Vanguard's Value ETF. This compares with an expected anomaly of 5% annually or a 28% expected anomaly for a 5-year time period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/02ae7e7ebc11fdc907d363cb5da38576\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"><span>Source: Leuthold Group</span></p>\n<p>Unsurprisingly, the number and market value of unprofitable companies has skyrocketed throughout the last couple of years. Here, the total number of unprofitable firms has skyrocketed to over 200, while their combined value handily beats 2000 levels, reaching nearly $2.5 trillion (3 times higher than in 2000). Of course, there is more money in circulation today, so when accounting for the dollar's real value, they are at comparable levels. Again, either way you twist it, there is a significant anomaly in the value of unprofitable companies in the stock market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5804bc535329d20e013417a7e3f95614\" tg-width=\"500\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><span>Source: FT</span></p>\n<p>As a result, startups have utilized the opportunity to raise as much money as possible by going public. In total, nearly 900 companies in the U.S. have gone public in 2021, raising over $202 billion collectively. Before, the previous record was set in 2000, when around 600 companies rang the bell. What's even more frightening is the fact that a large portion of IPOs went public through special-purpose acquisition companies (SPACs). Many of these companies were acquired early on, with the only objective to go public as soon as possible. Here, various blank-check companies generate little or no revenues and face a rockier path to raising money through traditional IPOs.</p>\n<p>Today's Bubble</p>\n<p>Frankly, today's bubble is fundamentally different from the 2000 bubble, although there are striking similarities. Arguably, the dot.com bubble revolved purely around Internet stocks. Today, the bubble is much broader, ranging from old written-off industries to Consumer Tech, being concentrated on Cybersecurity. This makes sense, considering Cybersecurity is a quickly evolving industry with potentially billions of earnings for future winners in the space. The same applies to E-commerce, Fintech, Cloud Computing, Gene Editing, and other major future industries.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68b42d04a15d16c506a4abf4feb58df0\" tg-width=\"635\" tg-height=\"518\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>This brings me to my next chart: High-flying stars of the early Internet era traded at similar multiples to cloud computing stars of today (when adjusted for monetary changes). However, early market leaders tend to lose competitive advantages in rising industries, in what someresearchersrefer to as \"First to Market First to Fail.\" Here, early entrants typically bury the greatest market and technological uncertainties.</p>\n<p>In other words, no one knows yet how our new industries will look like and how consumer trends will evolve. For instance, Facebook(NASDAQ:FB)was the 10th social networking company, Google(NASDAQ:GOOG)(NASDAQ:GOOGL)the 12th search engine, etc. Thus, today's most promising companies are unlikely to be the most promising companies 10 years from now. It is therefore questionable if current valuations can be supported in the long term.</p>\n<p>This is where I want to introduce Cisco's(NASDAQ:CSCO)example from 1999. At the time, the dominating Internet company briefly became the world's mostvaluablecompany, boasting a market cap of $569 billion. Certainly, the market wasn't being crazy at the time, considering Cisco's impressive growth rates and a trillion dollars industry ahead that was changing the world. An extract from Cisco's annual report in 1999:</p>\n<blockquote>\n \"Cisco predicted that the Internet would change the way we work, live, play, and learn. For the fiscal year ending July 31, 1999, Cisco reported revenue of $12.15 billion, a 43 percent increase compared with revenue of $8.49 billion in fiscal 1998. Net income for the year was $2.10 billion or $0.62 per common share, compared with fiscal 1998 net income of $1.35 billion or $0.42 per common share. - CiscoAnnual Report1999\"\n</blockquote>\n<p>Now, at the height of Cisco's valuation, the stock was trading at around 35 times Price to Sales, which is comparable to today's valuations, considering gross margins and growth rates. As with every new industry, competition eventually took market share from Cisco and crushed growth rates, leading to a sequential 87% drop in its share price. Although shares somewhat recovered, Cisco is still trading some 33% below all-time highs 22 years later.</p>\n<p><b>\"Cisco Could Be Safest Net Play Around\" -Bloomberg 1999</b></p>\n<p>Again, that does not necessarily mean that the same will happen to today's stars. After all, early winners like Amazon(NASDAQ:AMZN)and Microsoft(NASDAQ:MSFT)eventually recovered and are now trading well above dot.com levels. However, it is quite unlikely that all of today's stars will also be tomorrow's stars.</p>\n<p>Inflation...</p>\n<p>Arguably, inflation serves as one of the biggest investment risks in today's market. It was somewhat expected that inflation would tick up once the economy starts to recover with consumer spending skyrocketing. In this regard, the consumer price index rose by 5.4% in June, the highest since August 2008. That is well above the 5% rise reported in May and higher than the 4.9% increase that economists initially forecast. This challenges the Federal Reserve's hopes that the burst of inflationary pressures accompanying the economic reopening will be of temporary nature. Earlier, investors and economists have scrutinized the Federal Reserve's aggressive fiscal and monetary policy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f507c5687771a8a8de99a914be11665\" tg-width=\"640\" tg-height=\"411\" referrerpolicy=\"no-referrer\"><span>Source: Twitter</span></p>\n<p>Fiscal and monetary policy usually serve as driving factors for the creation of bubbles and are simultaneously responsible for their destruction. For instance, in 2000, the Federal Reserve raised interest rates several times; these actions are believed to have caused the bursting of the dot-com bubble. Interestingly, after the Federal Reserve raised interest rates, stocks initially rallied. If we draw comparisons, a similar price movement can be observed today in Tech stocks, particularly growth stocks. Here, prominent names have been rising by 50% or more since May, despite the Fedwarningof higher interest rates and the potential for 'significant declines' in asset prices as valuations continue to climb.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a305d90c1f4751d0267c01347a54a33\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>That said, Fed President Jim Bullard expects the first interest rate hike coming as soon as 2022, which would be even faster than the consensusexpectationfor the first increase to happen in 2023. Earlier in March, officials initially indicated that they see no increase happening until at least 2024. In other words, in a matter of months, the timeline for a rate hike has shifted forward by 2 years. Thus, the next few months will be crucial to determine which way the timeline will shift; for now, it appears that the prior date is more likely.</p>\n<p>What about Big Tech?</p>\n<p>The question remains whether Big Tech stocks will be as severely affected during a notable pullback. Interestingly, except Apple(NASDAQ:AAPL)and Microsoft, FAANG members, including Facebook, Amazon, and Netflix(NASDAQ:NFLX), have been trailing behind in terms of performance, being reflected in the given valuations. Only Apple and Microsoft saw a notable valuation expansion in every significant metric out of the prominent Big Tech names. Here, Apple's P/E and P/S ratio nearly tripled over the last 5 years from 10x to 32x and 2.5x to 7.5x, respectively. These are historical valuation levels and dwarf the valuation expansions of Microsoft and Alphabet, which are supported by growing profitability over the years. However, it should be noticed that Apple's Price to Book Value disproportionately increased as a result of share buybacks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/596471096e40e42abea97e9ed5a0a6d6\" tg-width=\"635\" tg-height=\"501\"><span>Data by YCharts</span></p>\n<p>On the other hand, Facebook and Amazon observed no significant valuation expansion, which can be tied back to regulatory scrutiny and an overall rotation towards high-growth stocks. Thus, since their market betas are lower than other Tech stocks mentioned earlier, these stocks can serve as a safe haven, at least to some extent. However, an overall drop in the market will lead to short-term weakness in every Technology stock, undervalued or not. Nevertheless, stocks that have underperformed in the rally over the last five years are more likely to outperform during a downturn. Moreover, large Tech companies are less sensitive to higher inflation as they will earn higher interest on their cash reserves.</p>\n<p>So What?</p>\n<p>The stock market is always driven by two contradicting emotions: Fear and Optimism. Over the last couple of years, optimism has clearly dominated the Growth/Technology market, yielding impressive returns and widely outperforming stable but profitable companies. However, valuation growth exceeded business growth for many high-growth companies, making various stocks appear increasingly overvalued. While higher valuations can be supported by the acceleration of Technology in the future, striking similarities of the Tech bubble in 2000 make me increasingly cautious of today's market environment.</p>\n<p>Bubble or not, many graphs point to a significant anomaly in valuations, and it will be difficult for companies to justify these sorts of valuations in the long term. More importantly, a heating economy with rising inflation will pressure the Federal Reserve to raise interest rates to prevent an economic contraction.</p>\n<p>Nonetheless, investors can protect themselves by rotating back into stable value stocks or Big Tech companies that have underperformed on a relative basis. The issue with every insurance is that you are only being paid in the case of a crash, quite literally. After all, valuations of high-growth stocks could continue rising and those not invested miss out on potential gains. Another viable option could be to rotate back into cash, but the same prior issue applies here. Even those who decide to short stocks have to be careful since an upside ceiling doesn't exist in the market.</p>\n<p>This is the point where I would like to address the risks of my thesis: First, inflation may stabilize quicker than expected, which would push a potential interest rate hike back to 2024 or later. In this case, money will continue to be cheap, which will support higher valuations and the growth market in general. Secondly, companies can scale somewhat faster today, making a historical valuation comparison to early years less relevant. Lastly, I could be underappreciating given growth rates and the ability of management to shake off competition in the long run. Still, given the various uncertainties around valuations, I am more fearful than optimistic at the moment.</p>\n<p>In either way, if you have a different opinion or any counterarguments to my thesis, I'm happy to hear about it in the comment section!</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Big Crash Is Imminent</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 Big Crash Is Imminent\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 22:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4439223-the-big-crash-is-imminent><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe continuous easing of monetary policy inflated various stocks to levels last seen during the dot.com bubble in 2000.\nThe bubble is relatively concentrated and doesn't necessarily pose ...</p>\n\n<a href=\"https://seekingalpha.com/article/4439223-the-big-crash-is-imminent\">Web Link</a>\n\n</div>\n\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":"https://seekingalpha.com/article/4439223-the-big-crash-is-imminent","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1155093230","content_text":"Summary\n\nThe continuous easing of monetary policy inflated various stocks to levels last seen during the dot.com bubble in 2000.\nThe bubble is relatively concentrated and doesn't necessarily pose threats to the market as a whole.\nWhile it is clear that there is a strong deviation from historical valuation norms, valuations could continue to rise (at least in the short term).\nThis article is not meant as fear-mongering, and I may very possibly be wrong about my hypothesis.\n\nIt seems that the talk about whether we are in another Tech bubble has been going on for many years. Articles and news calling for the 'crash of the decade' have been condemned as fear-mongering with little substance to them. After all, technology stocks kept on rising, and those who listened missed out on impressive gains. Now, generally speaking, neither have I been too worried about valuations in the best, as fundamentals towards Technology in our society are simply too strong.\nHowever, a lot has changed over the course of the pandemic, which has led me to rethink my perspective. As the global pandemic shut down economies around the world and caused substantial economic contraction, federal banks counteracted by injecting trillions of dollars into the economy in the form of stimulus checks, grants, loans, etc. As a result, fresh liquidity immediately reflected itself in stocks and other market instruments.\nSource: Bloomberg\nThroughout this article, I want to demonstrate a few graphs to strengthen my argument, with the chart above being the first one. The Nasdaq 100 is perhaps the most common index to track the technology market, although it only includes profitable and large-cap Tech stocks. On average, the index currently holds a Price to Sales ratio of 5.7x, levels that the Index last saw in early 2001 after the dot.com bubble began to bust.\nIt is important to note that at the height of the bubble, the ratio stood at 7.5x, around 30% higher than it is right now. Still, the median valuation has been trailing significantly lower, at around 3.5x over the last 20 years. Of course, it can be argued that Technology deserves a higher valuation these days due to the increased use of Technology and perhaps higher growth rates. However, should Technology valuations be nearly 100% higher than just 5 years ago, in 2016, where Technology integration was pretty much at the same level as today?\nProfitability\nIn recent years, unprofitable but growing companies have been favored over mature and profitable companies. Usually, rotations from Growth to Value or the other way around occur every 2-5 years, which is totally unsurprising. Historically, in terms of performance, there has been no significant difference in terms of returns on a risk-adjusted basis - it really does depend on the time period of investing. That said, in the last 5 years, growth outperformed value by a wide margin - by 105% to be exact. I derived this from the 5-year performance chart of Vanguard's Growth ETF vs. Vanguard's Value ETF. This compares with an expected anomaly of 5% annually or a 28% expected anomaly for a 5-year time period.\nSource: Leuthold Group\nUnsurprisingly, the number and market value of unprofitable companies has skyrocketed throughout the last couple of years. Here, the total number of unprofitable firms has skyrocketed to over 200, while their combined value handily beats 2000 levels, reaching nearly $2.5 trillion (3 times higher than in 2000). Of course, there is more money in circulation today, so when accounting for the dollar's real value, they are at comparable levels. Again, either way you twist it, there is a significant anomaly in the value of unprofitable companies in the stock market.\nSource: FT\nAs a result, startups have utilized the opportunity to raise as much money as possible by going public. In total, nearly 900 companies in the U.S. have gone public in 2021, raising over $202 billion collectively. Before, the previous record was set in 2000, when around 600 companies rang the bell. What's even more frightening is the fact that a large portion of IPOs went public through special-purpose acquisition companies (SPACs). Many of these companies were acquired early on, with the only objective to go public as soon as possible. Here, various blank-check companies generate little or no revenues and face a rockier path to raising money through traditional IPOs.\nToday's Bubble\nFrankly, today's bubble is fundamentally different from the 2000 bubble, although there are striking similarities. Arguably, the dot.com bubble revolved purely around Internet stocks. Today, the bubble is much broader, ranging from old written-off industries to Consumer Tech, being concentrated on Cybersecurity. This makes sense, considering Cybersecurity is a quickly evolving industry with potentially billions of earnings for future winners in the space. The same applies to E-commerce, Fintech, Cloud Computing, Gene Editing, and other major future industries.\nData by YCharts\nThis brings me to my next chart: High-flying stars of the early Internet era traded at similar multiples to cloud computing stars of today (when adjusted for monetary changes). However, early market leaders tend to lose competitive advantages in rising industries, in what someresearchersrefer to as \"First to Market First to Fail.\" Here, early entrants typically bury the greatest market and technological uncertainties.\nIn other words, no one knows yet how our new industries will look like and how consumer trends will evolve. For instance, Facebook(NASDAQ:FB)was the 10th social networking company, Google(NASDAQ:GOOG)(NASDAQ:GOOGL)the 12th search engine, etc. Thus, today's most promising companies are unlikely to be the most promising companies 10 years from now. It is therefore questionable if current valuations can be supported in the long term.\nThis is where I want to introduce Cisco's(NASDAQ:CSCO)example from 1999. At the time, the dominating Internet company briefly became the world's mostvaluablecompany, boasting a market cap of $569 billion. Certainly, the market wasn't being crazy at the time, considering Cisco's impressive growth rates and a trillion dollars industry ahead that was changing the world. An extract from Cisco's annual report in 1999:\n\n \"Cisco predicted that the Internet would change the way we work, live, play, and learn. For the fiscal year ending July 31, 1999, Cisco reported revenue of $12.15 billion, a 43 percent increase compared with revenue of $8.49 billion in fiscal 1998. Net income for the year was $2.10 billion or $0.62 per common share, compared with fiscal 1998 net income of $1.35 billion or $0.42 per common share. - CiscoAnnual Report1999\"\n\nNow, at the height of Cisco's valuation, the stock was trading at around 35 times Price to Sales, which is comparable to today's valuations, considering gross margins and growth rates. As with every new industry, competition eventually took market share from Cisco and crushed growth rates, leading to a sequential 87% drop in its share price. Although shares somewhat recovered, Cisco is still trading some 33% below all-time highs 22 years later.\n\"Cisco Could Be Safest Net Play Around\" -Bloomberg 1999\nAgain, that does not necessarily mean that the same will happen to today's stars. After all, early winners like Amazon(NASDAQ:AMZN)and Microsoft(NASDAQ:MSFT)eventually recovered and are now trading well above dot.com levels. However, it is quite unlikely that all of today's stars will also be tomorrow's stars.\nInflation...\nArguably, inflation serves as one of the biggest investment risks in today's market. It was somewhat expected that inflation would tick up once the economy starts to recover with consumer spending skyrocketing. In this regard, the consumer price index rose by 5.4% in June, the highest since August 2008. That is well above the 5% rise reported in May and higher than the 4.9% increase that economists initially forecast. This challenges the Federal Reserve's hopes that the burst of inflationary pressures accompanying the economic reopening will be of temporary nature. Earlier, investors and economists have scrutinized the Federal Reserve's aggressive fiscal and monetary policy.\nSource: Twitter\nFiscal and monetary policy usually serve as driving factors for the creation of bubbles and are simultaneously responsible for their destruction. For instance, in 2000, the Federal Reserve raised interest rates several times; these actions are believed to have caused the bursting of the dot-com bubble. Interestingly, after the Federal Reserve raised interest rates, stocks initially rallied. If we draw comparisons, a similar price movement can be observed today in Tech stocks, particularly growth stocks. Here, prominent names have been rising by 50% or more since May, despite the Fedwarningof higher interest rates and the potential for 'significant declines' in asset prices as valuations continue to climb.\nData by YCharts\nThat said, Fed President Jim Bullard expects the first interest rate hike coming as soon as 2022, which would be even faster than the consensusexpectationfor the first increase to happen in 2023. Earlier in March, officials initially indicated that they see no increase happening until at least 2024. In other words, in a matter of months, the timeline for a rate hike has shifted forward by 2 years. Thus, the next few months will be crucial to determine which way the timeline will shift; for now, it appears that the prior date is more likely.\nWhat about Big Tech?\nThe question remains whether Big Tech stocks will be as severely affected during a notable pullback. Interestingly, except Apple(NASDAQ:AAPL)and Microsoft, FAANG members, including Facebook, Amazon, and Netflix(NASDAQ:NFLX), have been trailing behind in terms of performance, being reflected in the given valuations. Only Apple and Microsoft saw a notable valuation expansion in every significant metric out of the prominent Big Tech names. Here, Apple's P/E and P/S ratio nearly tripled over the last 5 years from 10x to 32x and 2.5x to 7.5x, respectively. These are historical valuation levels and dwarf the valuation expansions of Microsoft and Alphabet, which are supported by growing profitability over the years. However, it should be noticed that Apple's Price to Book Value disproportionately increased as a result of share buybacks.\nData by YCharts\nOn the other hand, Facebook and Amazon observed no significant valuation expansion, which can be tied back to regulatory scrutiny and an overall rotation towards high-growth stocks. Thus, since their market betas are lower than other Tech stocks mentioned earlier, these stocks can serve as a safe haven, at least to some extent. However, an overall drop in the market will lead to short-term weakness in every Technology stock, undervalued or not. Nevertheless, stocks that have underperformed in the rally over the last five years are more likely to outperform during a downturn. Moreover, large Tech companies are less sensitive to higher inflation as they will earn higher interest on their cash reserves.\nSo What?\nThe stock market is always driven by two contradicting emotions: Fear and Optimism. Over the last couple of years, optimism has clearly dominated the Growth/Technology market, yielding impressive returns and widely outperforming stable but profitable companies. However, valuation growth exceeded business growth for many high-growth companies, making various stocks appear increasingly overvalued. While higher valuations can be supported by the acceleration of Technology in the future, striking similarities of the Tech bubble in 2000 make me increasingly cautious of today's market environment.\nBubble or not, many graphs point to a significant anomaly in valuations, and it will be difficult for companies to justify these sorts of valuations in the long term. More importantly, a heating economy with rising inflation will pressure the Federal Reserve to raise interest rates to prevent an economic contraction.\nNonetheless, investors can protect themselves by rotating back into stable value stocks or Big Tech companies that have underperformed on a relative basis. The issue with every insurance is that you are only being paid in the case of a crash, quite literally. After all, valuations of high-growth stocks could continue rising and those not invested miss out on potential gains. Another viable option could be to rotate back into cash, but the same prior issue applies here. Even those who decide to short stocks have to be careful since an upside ceiling doesn't exist in the market.\nThis is the point where I would like to address the risks of my thesis: First, inflation may stabilize quicker than expected, which would push a potential interest rate hike back to 2024 or later. In this case, money will continue to be cheap, which will support higher valuations and the growth market in general. Secondly, companies can scale somewhat faster today, making a historical valuation comparison to early years less relevant. Lastly, I could be underappreciating given growth rates and the ability of management to shake off competition in the long run. Still, given the various uncertainties around valuations, I am more fearful than optimistic at the moment.\nIn either way, if you have a different opinion or any counterarguments to my thesis, I'm happy to hear about it in the comment section!","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141840207,"gmtCreate":1625850124109,"gmtModify":1703749923265,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Noted… can some kind soul give me a like ? Thanks&nbsp;","listText":"Noted… can some kind soul give me a like ? Thanks&nbsp;","text":"Noted… can some kind soul give me a like ? Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/141840207","repostId":"1155625151","repostType":4,"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157679697,"gmtCreate":1625581734819,"gmtModify":1703744353545,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Can some kind soul give me a like. Please&nbsp;Thanks","listText":"Can some kind soul give me a like. Please&nbsp;Thanks","text":"Can some kind soul give me a like. Please Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157679697","repostId":"1189769697","repostType":4,"repost":{"id":"1189769697","kind":"news","pubTimestamp":1625579734,"share":"https://ttm.financial/m/news/1189769697?lang=&edition=fundamental","pubTime":"2021-07-06 21:55","market":"us","language":"en","title":"Nvidia Gains on Another Analyst Price-Target Boost","url":"https://stock-news.laohu8.com/highlight/detail?id=1189769697","media":"Thestreet","summary":"Nvidia  shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.Keybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a W","content":"<p>Nvidia&nbsp;(<b>NVDA</b>)&nbsp;shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.</p>\n<p>Keybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a Wall Street high of $1,000 from $975 and affirmed an outperform rating.</p>\n<p>Analysts have piled on the praise for Nvidia since the company’s first-quarter results,which came in better than expected&nbsp;amid strength in so-called hyperscale data center demand, which includes demand for its graphics cards and chips using for both gaming and crypto mining.</p>\n<p>Even before then, analysts were&nbsp;touting Nvidia’s performance&nbsp;amid strong demand for its gaming graphics cards, which surged through the pandemic and stay-at-home orders that boosted demand for at-home entertainment like video games, compounded by the ongoing chip shortage that has boosted demand - and prices -for the chips and the cards themselves.</p>\n<p>At the same time, surging prices for Bitcoin, Ethereum and other cryptocurrencies this year also have fueled demand. Crypto miners use graphics processing units, or GPUs, to mine currencies such as Bitcoin and Ethereum. Nvidia’slatest RTX 30 series, launched last year, has proven particularly popular with miners.</p>\n<p>TheStreet's&nbsp;Jim Cramerin his&nbsp;Real Money&nbsp;column on Tuesdaynoted another reason to be bullish on Nvidia: a potential acquisition that will beef up its business even more.</p>\n<p>Specifically, Jim pointed to the increasing likelihood that regulators will allow the company to buy Arm Holdings, a British company that excels in cellphones and personal computers, which will add to its already strong sales pipeline that has been driven by far more than just demand from Ethereum miners.</p>\n<p>\"I'm sure some of you might think that Nvidia is more of an Ethereum play, because its cards are used to mine the cryptocurrency,\" Cramer wrote. \"In reality, that's a tiny portion of their business and is made up of cards that aren't up to specification for gaming, scrap if you will.\"</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>Nvidia Gains on Another Analyst Price-Target Boost</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\">\nNvidia Gains on Another Analyst Price-Target Boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 21:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/nvidia-nvda-keybanc-price-target-boost-070621><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia (NVDA) shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related ...</p>\n\n<a href=\"https://www.thestreet.com/investing/nvidia-nvda-keybanc-price-target-boost-070621\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.thestreet.com/investing/nvidia-nvda-keybanc-price-target-boost-070621","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189769697","content_text":"Nvidia (NVDA) shares gained on Tuesday after another Wall Street analyst lifted his price target to near $1,000 amid expectations of continued strong demand for video graphics cards and related semiconductors that are used for both gaming and mining cryptocurrencies.\nKeybanc analyst John Vinh lifted his one-year price target on Nvidia to $950 from $775, following in the footsteps of BMO Capital Markets analyst Ambrish Srivastava, who just last Thursdaylifted his own price target on the chip titanto a Wall Street high of $1,000 from $975 and affirmed an outperform rating.\nAnalysts have piled on the praise for Nvidia since the company’s first-quarter results,which came in better than expected amid strength in so-called hyperscale data center demand, which includes demand for its graphics cards and chips using for both gaming and crypto mining.\nEven before then, analysts were touting Nvidia’s performance amid strong demand for its gaming graphics cards, which surged through the pandemic and stay-at-home orders that boosted demand for at-home entertainment like video games, compounded by the ongoing chip shortage that has boosted demand - and prices -for the chips and the cards themselves.\nAt the same time, surging prices for Bitcoin, Ethereum and other cryptocurrencies this year also have fueled demand. Crypto miners use graphics processing units, or GPUs, to mine currencies such as Bitcoin and Ethereum. Nvidia’slatest RTX 30 series, launched last year, has proven particularly popular with miners.\nTheStreet's Jim Cramerin his Real Money column on Tuesdaynoted another reason to be bullish on Nvidia: a potential acquisition that will beef up its business even more.\nSpecifically, Jim pointed to the increasing likelihood that regulators will allow the company to buy Arm Holdings, a British company that excels in cellphones and personal computers, which will add to its already strong sales pipeline that has been driven by far more than just demand from Ethereum miners.\n\"I'm sure some of you might think that Nvidia is more of an Ethereum play, because its cards are used to mine the cryptocurrency,\" Cramer wrote. \"In reality, that's a tiny portion of their business and is made up of cards that aren't up to specification for gaming, scrap if you will.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152488805,"gmtCreate":1625327377607,"gmtModify":1703740460586,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Any kind soul out there&nbsp;Give me a like plsss&nbsp;Thanks&nbsp;","listText":"Any kind soul out there&nbsp;Give me a like plsss&nbsp;Thanks&nbsp;","text":"Any kind soul out there Give me a like plsss Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152488805","repostId":"1171891885","repostType":4,"repost":{"id":"1171891885","kind":"news","pubTimestamp":1625276733,"share":"https://ttm.financial/m/news/1171891885?lang=&edition=fundamental","pubTime":"2021-07-03 09:45","market":"us","language":"en","title":"5 wise money moves before the Fed starts raising interest rates again","url":"https://stock-news.laohu8.com/highlight/detail?id=1171891885","media":"MoneyWise","summary":"Federal Reserve Chairman Jerome Powell (pictured) and his colleagues have said the central bank will","content":"<p>Federal Reserve Chairman Jerome Powell (pictured) and his colleagues have said the central bank will keep its benchmark interest rate near zero for the time being, despite gains made by the U.S. economy in recent months.</p>\n<p>But rates won’t stay low forever. As the economy recovers from the worst of the COVID-19 pandemic, inflation is rising and more people are getting back to work. This has led the Fed to indicate a rate hike could come as soon as 2023 — moved up from its previous plan to wait until 2024.</p>\n<p>For consumers, that means now may be the time tosplurge on a fun purchaseor take out a loan for something they need.</p>\n<p>Here are five money moves you should make before rates rise.</p>\n<p><b>Refinance your home loan</b></p>\n<p>Mortgage rates fell to record-breaking lows during the pandemic, but they’re slowly creeping up as the economy continues to recover from COVID-19.</p>\n<p>While rates are currently at historically low levels, experts predict they will rise to 4% this year — which means now's the time to act if you’ve been mulling a refinance.</p>\n<p>An estimated 14.1 million Americans have the opportunity to refi andsave an average $287 a month, according to recent research from mortgage technology and data provider Black Knight.</p>\n<p>Alternatively, rising house prices offer homeowners an opportunity to leverage their home equity to fund home improvement projects, pay down debt or cover their children’s education funds.</p>\n<p><b>Consolidate your debt</b></p>\n<p>The pandemic made it difficult for Americans to travel, eat in restaurants or spend on retail purchases, and many used the money they didn't spend on those activities to increase their savings and pay down debt.</p>\n<p>The number of consumers who paid off their credit card balances in full every month reached an all-time high of 35.1% late last year, according to a report from the American Bankers Association.</p>\n<p>Still, many households are struggling to make ends meet. And, with unemployment benefits ending in many states across the country, those still out of work or living on reduced incomes may have had to give up their debt repayment plans to focus on immediate needs.</p>\n<p>If you’ve been relying on your credit cards to carry you through, the expensive interest is going to add up quickly.</p>\n<p>For those who can’t borrow from their home equity to pay off card balances, adebt consolidation loancould help you get rid of debt sooner and save you a ton on expensive interest.</p>\n<p><b>Work on your credit score</b></p>\n<p>While today's low rates make it easier to take out loans, you'll find it more expensive to borrow when rates do go up.</p>\n<p>Today, it's easy to take afree peek at your credit score. So now’s the time to work on improving that score to ensure you’ll continue to be able to borrow at the lowest-possible rates.</p>\n<p>Boosting your credit scorea few hundred pointswill make you a more attractive borrower to all types of lenders – from credit-card issuers to those offering mortgages.</p>\n<p><b>Refinance your student loans</b></p>\n<p>Federal student loan payments are paused until October but some prominent Democratic lawmakers, including Sen. Elizabeth Warren and Senate Majority Leader Chuck Schumer, are pushing the president to provide more relief for borrowers and forgive up to $50,000 per person.</p>\n<p>But those with debt from private student loans are still on the hook for their regular monthly minimum payments.</p>\n<p>If you're one of those borrowers, refinancing to a lower rate or shorter term could save you thousands in interest fees and shave years off your debt.</p>\n<p>According to online loan marketplace, Credible, refinancing could slash your interest rate by more than 2 full percentage points and add up to substantial interest savings over the life of the loan.</p>\n<p>To maximize your savings,compare loan offers from multiple lendersto lock in the lowest refinance rate possible.</p>\n<p><b>Ride the red-hot stock market</b></p>\n<p>Current low interest rates mean you won't earn much if you put money in a savings account. If you’ve got the appetite to take on a bit more risk, you could consider putting your money in investments.</p>\n<p>Even if you don’t have much to put aside, you can download a popular app that allows you toinvest with your “spare change”, and turn your pennies into a diversified portfolio.</p>\n<p>Or, if you’re still apprehensive about the stock market, you could look intoinvesting in farmland. This stable, profitable asset has been known to offer better returns than real estate and stocks, according to data from the investing platform FarmTogether.</p>","source":"lsy1621813427262","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 wise money moves before the Fed starts raising interest rates again</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 wise money moves before the Fed starts raising interest rates again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 09:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-wise-money-moves-fed-160000889.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Federal Reserve Chairman Jerome Powell (pictured) and his colleagues have said the central bank will keep its benchmark interest rate near zero for the time being, despite gains made by the U.S. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-wise-money-moves-fed-160000889.html\">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","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/5-wise-money-moves-fed-160000889.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171891885","content_text":"Federal Reserve Chairman Jerome Powell (pictured) and his colleagues have said the central bank will keep its benchmark interest rate near zero for the time being, despite gains made by the U.S. economy in recent months.\nBut rates won’t stay low forever. As the economy recovers from the worst of the COVID-19 pandemic, inflation is rising and more people are getting back to work. This has led the Fed to indicate a rate hike could come as soon as 2023 — moved up from its previous plan to wait until 2024.\nFor consumers, that means now may be the time tosplurge on a fun purchaseor take out a loan for something they need.\nHere are five money moves you should make before rates rise.\nRefinance your home loan\nMortgage rates fell to record-breaking lows during the pandemic, but they’re slowly creeping up as the economy continues to recover from COVID-19.\nWhile rates are currently at historically low levels, experts predict they will rise to 4% this year — which means now's the time to act if you’ve been mulling a refinance.\nAn estimated 14.1 million Americans have the opportunity to refi andsave an average $287 a month, according to recent research from mortgage technology and data provider Black Knight.\nAlternatively, rising house prices offer homeowners an opportunity to leverage their home equity to fund home improvement projects, pay down debt or cover their children’s education funds.\nConsolidate your debt\nThe pandemic made it difficult for Americans to travel, eat in restaurants or spend on retail purchases, and many used the money they didn't spend on those activities to increase their savings and pay down debt.\nThe number of consumers who paid off their credit card balances in full every month reached an all-time high of 35.1% late last year, according to a report from the American Bankers Association.\nStill, many households are struggling to make ends meet. And, with unemployment benefits ending in many states across the country, those still out of work or living on reduced incomes may have had to give up their debt repayment plans to focus on immediate needs.\nIf you’ve been relying on your credit cards to carry you through, the expensive interest is going to add up quickly.\nFor those who can’t borrow from their home equity to pay off card balances, adebt consolidation loancould help you get rid of debt sooner and save you a ton on expensive interest.\nWork on your credit score\nWhile today's low rates make it easier to take out loans, you'll find it more expensive to borrow when rates do go up.\nToday, it's easy to take afree peek at your credit score. So now’s the time to work on improving that score to ensure you’ll continue to be able to borrow at the lowest-possible rates.\nBoosting your credit scorea few hundred pointswill make you a more attractive borrower to all types of lenders – from credit-card issuers to those offering mortgages.\nRefinance your student loans\nFederal student loan payments are paused until October but some prominent Democratic lawmakers, including Sen. Elizabeth Warren and Senate Majority Leader Chuck Schumer, are pushing the president to provide more relief for borrowers and forgive up to $50,000 per person.\nBut those with debt from private student loans are still on the hook for their regular monthly minimum payments.\nIf you're one of those borrowers, refinancing to a lower rate or shorter term could save you thousands in interest fees and shave years off your debt.\nAccording to online loan marketplace, Credible, refinancing could slash your interest rate by more than 2 full percentage points and add up to substantial interest savings over the life of the loan.\nTo maximize your savings,compare loan offers from multiple lendersto lock in the lowest refinance rate possible.\nRide the red-hot stock market\nCurrent low interest rates mean you won't earn much if you put money in a savings account. If you’ve got the appetite to take on a bit more risk, you could consider putting your money in investments.\nEven if you don’t have much to put aside, you can download a popular app that allows you toinvest with your “spare change”, and turn your pennies into a diversified portfolio.\nOr, if you’re still apprehensive about the stock market, you could look intoinvesting in farmland. This stable, profitable asset has been known to offer better returns than real estate and stocks, according to data from the investing platform FarmTogether.","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158823606,"gmtCreate":1625144961105,"gmtModify":1703737039242,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Pls give me a like pls…&nbsp;","listText":"Pls give me a like pls…&nbsp;","text":"Pls give me a like pls…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158823606","repostId":"1131385251","repostType":4,"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158829784,"gmtCreate":1625144907248,"gmtModify":1703737038585,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Indeed very volatile…","listText":"Indeed very volatile…","text":"Indeed very volatile…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158829784","repostId":"2147481155","repostType":4,"repost":{"id":"2147481155","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625120976,"share":"https://ttm.financial/m/news/2147481155?lang=&edition=fundamental","pubTime":"2021-07-01 14:29","market":"sh","language":"en","title":"Boom, bust and bewildered: Bitcoin's year so far","url":"https://stock-news.laohu8.com/highlight/detail?id=2147481155","media":"Reuters","summary":"LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a poundin","content":"<p>LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021.</p>\n<p>The cryptocurrency's journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset.</p>\n<p>Such interest helped push it to a record high just shy of $65,000 in April. Yet in typically capricious fashion, it has since slumped by almost half.</p>\n<p>At the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date. Here are some charts that tell the story of bitcoin's year so far.</p>\n<p><b>1/STILL VOLATILE</b></p>\n<p>Wild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.</p>\n<p>Bitcoin more than doubled from the start of the year to its all-time high of $64,895 hit in mid-April, before slumping by over half in just five weeks as regulators across the world - especially China - cracked down on cryptocurrencies.</p>\n<p>In May alone bitcoin lost 35%, in its worst month since 2018. Last week it fell under $30,000 for the first time since January, briefly wiping out its year-to-date gains.</p>\n<p>Many larger investors also left the bitcoin market after prices spiked in the first quarter, with some shifting to gold, according to JP Morgan analyst Nikolaos Panigirtzoglou.</p>\n<p>\"What we found out in the second quarter was that actually demand for bitcoin is price sensitive,\" he said. \"Some institutional investors started getting out of bitcoin in April ... they thought bitcoin prices were too high relative to gold.\"</p>\n<p><b>2/BITCOINS OR ALTCOINS?</b></p>\n<p>Bitcoin has attracted the lion's share of the headlines so far this year. Yet many of its smaller digital currency rivals - known as the altcoins - have posted bigger gains.</p>\n<p>Ether , the second-largest cryptocurrency, has nearly trebled so far this year, bolstered by a surge in the so-called decentralised finance sector. \"DeFi\" often uses its underlying blockchain technology to offer financial services without traditional middlemen such as banks.</p>\n<p>Signs that the ethereum blockchain is gaining traction with mainstream financial firms has also fuelled gains.</p>\n<p>XRP , the seventh-largest coin, has gained a similar amount. Other once-obscure coins such as dogecoin, started in 2013 as a joke, have also far outpaced bitcoin, with investors drawn to the prospect of quick gains. Dogecoin is up over 5,000% so far this year.</p>\n<p><b>3/OUTPACED BY MEME STOCKS</b></p>\n<p>Retail investors have embraced bitcoin this year, attracted by narratives that it can act as a hedge against inflation and as a future payment method.</p>\n<p>Also driving gains has been a perception that it is a vehicle for quick gains - a perceived quality shared by another 2021 financial market phenomenon: \"meme\" stocks, whose value is propelled by social-media buzz.</p>\n<p>GameStop Corp and AMC Entertainment Holdings, two of the leading meme stocks, soared in the first quarter along with bitcoin, fuelled by retail investors with spare cash and free time because of coronavirus stimulus lockdowns.</p>\n<p>Yet the assets have since decoupled, with bitcoin's gains for the year so far outpaced by GameStop - up more than 1,000% - and AMC Entertainment, which has surged over 2,500%.</p>\n<p>\"It's just an extension of free money just going crazy and so I think that has somewhat you can see that rippling over into cryptocurrencies,\" said Joel Kruger, a strategist at crypto exchange LMAX Digital.</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>Boom, bust and bewildered: Bitcoin's year so far</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\">\nBoom, bust and bewildered: Bitcoin's year so far\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-01 14:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021.</p>\n<p>The cryptocurrency's journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset.</p>\n<p>Such interest helped push it to a record high just shy of $65,000 in April. Yet in typically capricious fashion, it has since slumped by almost half.</p>\n<p>At the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date. Here are some charts that tell the story of bitcoin's year so far.</p>\n<p><b>1/STILL VOLATILE</b></p>\n<p>Wild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.</p>\n<p>Bitcoin more than doubled from the start of the year to its all-time high of $64,895 hit in mid-April, before slumping by over half in just five weeks as regulators across the world - especially China - cracked down on cryptocurrencies.</p>\n<p>In May alone bitcoin lost 35%, in its worst month since 2018. Last week it fell under $30,000 for the first time since January, briefly wiping out its year-to-date gains.</p>\n<p>Many larger investors also left the bitcoin market after prices spiked in the first quarter, with some shifting to gold, according to JP Morgan analyst Nikolaos Panigirtzoglou.</p>\n<p>\"What we found out in the second quarter was that actually demand for bitcoin is price sensitive,\" he said. \"Some institutional investors started getting out of bitcoin in April ... they thought bitcoin prices were too high relative to gold.\"</p>\n<p><b>2/BITCOINS OR ALTCOINS?</b></p>\n<p>Bitcoin has attracted the lion's share of the headlines so far this year. Yet many of its smaller digital currency rivals - known as the altcoins - have posted bigger gains.</p>\n<p>Ether , the second-largest cryptocurrency, has nearly trebled so far this year, bolstered by a surge in the so-called decentralised finance sector. \"DeFi\" often uses its underlying blockchain technology to offer financial services without traditional middlemen such as banks.</p>\n<p>Signs that the ethereum blockchain is gaining traction with mainstream financial firms has also fuelled gains.</p>\n<p>XRP , the seventh-largest coin, has gained a similar amount. Other once-obscure coins such as dogecoin, started in 2013 as a joke, have also far outpaced bitcoin, with investors drawn to the prospect of quick gains. Dogecoin is up over 5,000% so far this year.</p>\n<p><b>3/OUTPACED BY MEME STOCKS</b></p>\n<p>Retail investors have embraced bitcoin this year, attracted by narratives that it can act as a hedge against inflation and as a future payment method.</p>\n<p>Also driving gains has been a perception that it is a vehicle for quick gains - a perceived quality shared by another 2021 financial market phenomenon: \"meme\" stocks, whose value is propelled by social-media buzz.</p>\n<p>GameStop Corp and AMC Entertainment Holdings, two of the leading meme stocks, soared in the first quarter along with bitcoin, fuelled by retail investors with spare cash and free time because of coronavirus stimulus lockdowns.</p>\n<p>Yet the assets have since decoupled, with bitcoin's gains for the year so far outpaced by GameStop - up more than 1,000% - and AMC Entertainment, which has surged over 2,500%.</p>\n<p>\"It's just an extension of free money just going crazy and so I think that has somewhat you can see that rippling over into cryptocurrencies,\" said Joel Kruger, a strategist at crypto exchange LMAX Digital.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","GBTC":"Grayscale Bitcoin Trust","AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147481155","content_text":"LONDON, June 30 (Reuters) - If you're a bitcoin investor, your nerves may have taken quite a pounding in 2021.\nThe cryptocurrency's journey towards the investment and commercial mainstream has gathered pace, with major financial firms and companies embracing the emerging asset.\nSuch interest helped push it to a record high just shy of $65,000 in April. Yet in typically capricious fashion, it has since slumped by almost half.\nAt the halfway point of the year, the original and biggest cryptocurrency is up around 20% year-to-date. Here are some charts that tell the story of bitcoin's year so far.\n1/STILL VOLATILE\nWild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.\nBitcoin more than doubled from the start of the year to its all-time high of $64,895 hit in mid-April, before slumping by over half in just five weeks as regulators across the world - especially China - cracked down on cryptocurrencies.\nIn May alone bitcoin lost 35%, in its worst month since 2018. Last week it fell under $30,000 for the first time since January, briefly wiping out its year-to-date gains.\nMany larger investors also left the bitcoin market after prices spiked in the first quarter, with some shifting to gold, according to JP Morgan analyst Nikolaos Panigirtzoglou.\n\"What we found out in the second quarter was that actually demand for bitcoin is price sensitive,\" he said. \"Some institutional investors started getting out of bitcoin in April ... they thought bitcoin prices were too high relative to gold.\"\n2/BITCOINS OR ALTCOINS?\nBitcoin has attracted the lion's share of the headlines so far this year. Yet many of its smaller digital currency rivals - known as the altcoins - have posted bigger gains.\nEther , the second-largest cryptocurrency, has nearly trebled so far this year, bolstered by a surge in the so-called decentralised finance sector. \"DeFi\" often uses its underlying blockchain technology to offer financial services without traditional middlemen such as banks.\nSigns that the ethereum blockchain is gaining traction with mainstream financial firms has also fuelled gains.\nXRP , the seventh-largest coin, has gained a similar amount. Other once-obscure coins such as dogecoin, started in 2013 as a joke, have also far outpaced bitcoin, with investors drawn to the prospect of quick gains. Dogecoin is up over 5,000% so far this year.\n3/OUTPACED BY MEME STOCKS\nRetail investors have embraced bitcoin this year, attracted by narratives that it can act as a hedge against inflation and as a future payment method.\nAlso driving gains has been a perception that it is a vehicle for quick gains - a perceived quality shared by another 2021 financial market phenomenon: \"meme\" stocks, whose value is propelled by social-media buzz.\nGameStop Corp and AMC Entertainment Holdings, two of the leading meme stocks, soared in the first quarter along with bitcoin, fuelled by retail investors with spare cash and free time because of coronavirus stimulus lockdowns.\nYet the assets have since decoupled, with bitcoin's gains for the year so far outpaced by GameStop - up more than 1,000% - and AMC Entertainment, which has surged over 2,500%.\n\"It's just an extension of free money just going crazy and so I think that has somewhat you can see that rippling over into cryptocurrencies,\" said Joel Kruger, a strategist at crypto exchange LMAX Digital.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151907018,"gmtCreate":1625060777434,"gmtModify":1703735101380,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Well noted&nbsp;","listText":"Well noted&nbsp;","text":"Well noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151907018","repostId":"1195094821","repostType":4,"repost":{"id":"1195094821","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625055197,"share":"https://ttm.financial/m/news/1195094821?lang=&edition=fundamental","pubTime":"2021-06-30 20:13","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1195094821","media":"Tiger Newspress","summary":"Futures tick lower\n\n\nChinese ride-hailing giant Didi Global is set to make its trading debut on the ","content":"<ul>\n <li>Futures tick lower</li>\n</ul>\n<ul>\n <li>Chinese ride-hailing giant Didi Global is set to make its trading debut on the New York Stock Exchange on Wednesday</li>\n</ul>\n<p>U.S. stock index futures edged lower on Wednesday, a day after the S&amp;P 500 and the Nasdaq closed at record levels, as investors awaited private payrolls data for clues on the health of the labor market and subsequent policy support.</p>\n<p>At 8:07 a.m. ET, Dow e-minis were down 16 points, or 0.05%, S&amp;P 500 e-minis were down 1.75 points, or 0.04%, and Nasdaq 100 e-minis were down 2.25 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/b3b9e44b27e0249a2c88f93aed9139bb\" tg-width=\"1080\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>Private payrolls increased by 692,000 in June, well above the 550,000 Dow Jones estimate though it fell short of May’s 886,000, according to ADP.</p>\n<p>Shares of Micron Technology, which is expected to post quarterly results after markets close, rose 1.0% as they headed for their fourth straight monthly decline.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Virgin Galactic&nbsp;(SPCE) </b>– The space transportation company’s stock dropped 5% in premarket trading, after Bank of America Securities double-downgraded the stock to “underperform” from “buy.” BofA notes the recent spike in the stock after the company received approval to carry passengers into space, and said the premium earned by Virgin Galactic’s leading position is already reflected in the stock price.</p>\n<p><b>Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – The housewares retailer reported quarterly profit of 5 cents per share, missing consensus estimates by 3 cents a share. Revenue came in above analysts’ forecasts.&nbsp;Bed Bath &amp; Beyond predicted better-than-expected current-quarter comparable sales, and raised its full-year revenue outlook.&nbsp; The stock once&nbsp;surged 7.9% in the premarket.</p>\n<p><b>Xpeng&nbsp;(XPEV)</b> – Xpeng will raise $1.8 billion in its Hong Kong initial public offering, according to people with direct knowledge of the matter who spoke to Reuters. The Chinese electric vehicle maker’s U.S. shares fell 1.7% in premarket trading.</p>\n<p><b>MongoDB&nbsp;(MDB)</b> – MongoDB said it would sell 2.5 million class A common shares, seeking to raise $889 million. The database platform provider plans to use the proceeds for general corporate purposes. MongoDB stock lost 4.5% in premarket trading.</p>\n<p><b>Constellation Brands&nbsp;(STZ)</b> – The spirits and beer maker reported quarterly profit of $2.33 per share, matching Wall Street forecasts. Revenue came in slightly above estimates.</p>\n<p><b>General Mills&nbsp;(GIS)</b> – The food producer beat analysts’ estimates by 6 cents a share, with quarterly earnings of 91 cents per share. Revenue was above estimates as well. Organic net sales fell by 6% from a year ago, however, a reflection of the surge in at-home demand as the pandemic was taking hold.</p>\n<p><b>Twitter&nbsp;(TWTR)</b> – Twitter appointed its vice president of global solutions Sarah Personette as chief customer officer. She replaces Matt Derella, who is leaving Twitter after nine years at the company.</p>\n<p><b>Las Vegas Sands&nbsp;(LVS)</b> – Las Vegas Sands rose 1.7% in the premarket following reports that border restrictions between Hong Kong and Macau will loosen in mid-July. Currently, any traveler from Hong Kong to Macau is required to quarantine for 14 days.</p>\n<p><b>Seagate Technology&nbsp;(STX)</b> – Seagate Technology was upgraded to “equal weight” from “underweight” at Barclays. The firm cites an improving market for the hard disk drive maker, particularly in mobile computing.</p>\n<p><b>WideOpenWest&nbsp;(WOW) </b>– The broadband provider’s shares rallied 4.4% in the premarket after it announced a deal to sell five of its service areas in two separate deals for a total of about $1.8 billion.</p>\n<p><b>DR Horton&nbsp;(DHI)</b> – The home builder was named a “top pick” by Goldman Sachs. Goldman notes that stocks in the sector are down about 15% from May highs and feels that DR Horton is best positioned to execute against industry headwinds.</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>Toplines Before US Market Open on Wednesday</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\">\nToplines Before US Market Open on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-30 20:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Futures tick lower</li>\n</ul>\n<ul>\n <li>Chinese ride-hailing giant Didi Global is set to make its trading debut on the New York Stock Exchange on Wednesday</li>\n</ul>\n<p>U.S. stock index futures edged lower on Wednesday, a day after the S&amp;P 500 and the Nasdaq closed at record levels, as investors awaited private payrolls data for clues on the health of the labor market and subsequent policy support.</p>\n<p>At 8:07 a.m. ET, Dow e-minis were down 16 points, or 0.05%, S&amp;P 500 e-minis were down 1.75 points, or 0.04%, and Nasdaq 100 e-minis were down 2.25 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/b3b9e44b27e0249a2c88f93aed9139bb\" tg-width=\"1080\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>Private payrolls increased by 692,000 in June, well above the 550,000 Dow Jones estimate though it fell short of May’s 886,000, according to ADP.</p>\n<p>Shares of Micron Technology, which is expected to post quarterly results after markets close, rose 1.0% as they headed for their fourth straight monthly decline.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Virgin Galactic&nbsp;(SPCE) </b>– The space transportation company’s stock dropped 5% in premarket trading, after Bank of America Securities double-downgraded the stock to “underperform” from “buy.” BofA notes the recent spike in the stock after the company received approval to carry passengers into space, and said the premium earned by Virgin Galactic’s leading position is already reflected in the stock price.</p>\n<p><b>Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – The housewares retailer reported quarterly profit of 5 cents per share, missing consensus estimates by 3 cents a share. Revenue came in above analysts’ forecasts.&nbsp;Bed Bath &amp; Beyond predicted better-than-expected current-quarter comparable sales, and raised its full-year revenue outlook.&nbsp; The stock once&nbsp;surged 7.9% in the premarket.</p>\n<p><b>Xpeng&nbsp;(XPEV)</b> – Xpeng will raise $1.8 billion in its Hong Kong initial public offering, according to people with direct knowledge of the matter who spoke to Reuters. The Chinese electric vehicle maker’s U.S. shares fell 1.7% in premarket trading.</p>\n<p><b>MongoDB&nbsp;(MDB)</b> – MongoDB said it would sell 2.5 million class A common shares, seeking to raise $889 million. The database platform provider plans to use the proceeds for general corporate purposes. MongoDB stock lost 4.5% in premarket trading.</p>\n<p><b>Constellation Brands&nbsp;(STZ)</b> – The spirits and beer maker reported quarterly profit of $2.33 per share, matching Wall Street forecasts. Revenue came in slightly above estimates.</p>\n<p><b>General Mills&nbsp;(GIS)</b> – The food producer beat analysts’ estimates by 6 cents a share, with quarterly earnings of 91 cents per share. Revenue was above estimates as well. Organic net sales fell by 6% from a year ago, however, a reflection of the surge in at-home demand as the pandemic was taking hold.</p>\n<p><b>Twitter&nbsp;(TWTR)</b> – Twitter appointed its vice president of global solutions Sarah Personette as chief customer officer. She replaces Matt Derella, who is leaving Twitter after nine years at the company.</p>\n<p><b>Las Vegas Sands&nbsp;(LVS)</b> – Las Vegas Sands rose 1.7% in the premarket following reports that border restrictions between Hong Kong and Macau will loosen in mid-July. Currently, any traveler from Hong Kong to Macau is required to quarantine for 14 days.</p>\n<p><b>Seagate Technology&nbsp;(STX)</b> – Seagate Technology was upgraded to “equal weight” from “underweight” at Barclays. The firm cites an improving market for the hard disk drive maker, particularly in mobile computing.</p>\n<p><b>WideOpenWest&nbsp;(WOW) </b>– The broadband provider’s shares rallied 4.4% in the premarket after it announced a deal to sell five of its service areas in two separate deals for a total of about $1.8 billion.</p>\n<p><b>DR Horton&nbsp;(DHI)</b> – The home builder was named a “top pick” by Goldman Sachs. Goldman notes that stocks in the sector are down about 15% from May highs and feels that DR Horton is best positioned to execute against industry headwinds.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","XPEV":"小鹏汽车",".SPX":"S&P 500 Index","SPCE":"维珍银河","MRIN":"Marin Software Inc.","BBBY":"3B家居",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195094821","content_text":"Futures tick lower\n\n\nChinese ride-hailing giant Didi Global is set to make its trading debut on the New York Stock Exchange on Wednesday\n\nU.S. stock index futures edged lower on Wednesday, a day after the S&P 500 and the Nasdaq closed at record levels, as investors awaited private payrolls data for clues on the health of the labor market and subsequent policy support.\nAt 8:07 a.m. ET, Dow e-minis were down 16 points, or 0.05%, S&P 500 e-minis were down 1.75 points, or 0.04%, and Nasdaq 100 e-minis were down 2.25 points, or 0.02%.\n\nPrivate payrolls increased by 692,000 in June, well above the 550,000 Dow Jones estimate though it fell short of May’s 886,000, according to ADP.\nShares of Micron Technology, which is expected to post quarterly results after markets close, rose 1.0% as they headed for their fourth straight monthly decline.\nStocks making the biggest moves in the premarket:\nVirgin Galactic (SPCE) – The space transportation company’s stock dropped 5% in premarket trading, after Bank of America Securities double-downgraded the stock to “underperform” from “buy.” BofA notes the recent spike in the stock after the company received approval to carry passengers into space, and said the premium earned by Virgin Galactic’s leading position is already reflected in the stock price.\nBed Bath & Beyond (BBBY) – The housewares retailer reported quarterly profit of 5 cents per share, missing consensus estimates by 3 cents a share. Revenue came in above analysts’ forecasts. Bed Bath & Beyond predicted better-than-expected current-quarter comparable sales, and raised its full-year revenue outlook.  The stock once surged 7.9% in the premarket.\nXpeng (XPEV) – Xpeng will raise $1.8 billion in its Hong Kong initial public offering, according to people with direct knowledge of the matter who spoke to Reuters. The Chinese electric vehicle maker’s U.S. shares fell 1.7% in premarket trading.\nMongoDB (MDB) – MongoDB said it would sell 2.5 million class A common shares, seeking to raise $889 million. The database platform provider plans to use the proceeds for general corporate purposes. MongoDB stock lost 4.5% in premarket trading.\nConstellation Brands (STZ) – The spirits and beer maker reported quarterly profit of $2.33 per share, matching Wall Street forecasts. Revenue came in slightly above estimates.\nGeneral Mills (GIS) – The food producer beat analysts’ estimates by 6 cents a share, with quarterly earnings of 91 cents per share. Revenue was above estimates as well. Organic net sales fell by 6% from a year ago, however, a reflection of the surge in at-home demand as the pandemic was taking hold.\nTwitter (TWTR) – Twitter appointed its vice president of global solutions Sarah Personette as chief customer officer. She replaces Matt Derella, who is leaving Twitter after nine years at the company.\nLas Vegas Sands (LVS) – Las Vegas Sands rose 1.7% in the premarket following reports that border restrictions between Hong Kong and Macau will loosen in mid-July. Currently, any traveler from Hong Kong to Macau is required to quarantine for 14 days.\nSeagate Technology (STX) – Seagate Technology was upgraded to “equal weight” from “underweight” at Barclays. The firm cites an improving market for the hard disk drive maker, particularly in mobile computing.\nWideOpenWest (WOW) – The broadband provider’s shares rallied 4.4% in the premarket after it announced a deal to sell five of its service areas in two separate deals for a total of about $1.8 billion.\nDR Horton (DHI) – The home builder was named a “top pick” by Goldman Sachs. Goldman notes that stocks in the sector are down about 15% from May highs and feels that DR Horton is best positioned to execute against industry headwinds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151906472,"gmtCreate":1625060683096,"gmtModify":1703735097038,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Can I have a like pls&nbsp;","listText":"Can I have a like pls&nbsp;","text":"Can I have a like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/151906472","repostId":"1102107523","repostType":4,"repost":{"id":"1102107523","kind":"news","pubTimestamp":1625058171,"share":"https://ttm.financial/m/news/1102107523?lang=&edition=fundamental","pubTime":"2021-06-30 21:02","market":"us","language":"en","title":"3 Reasons Amazon Could Quadruple Within 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1102107523","media":"seekingalpha","summary":"Summary\n\nImagine a company so wonderful, that a single share bought today, might be able to fund a r","content":"<p><b>Summary</b></p>\n<ul>\n <li>Imagine a company so wonderful, that a single share bought today, might be able to fund a rich retirement decades from now. Amazon is that company.</li>\n <li>Amazon's empire of businesses, including high margin AWS and advertising are expected to drive massive margin expansion leading to 33% annual free cash flow growth through 2026.</li>\n <li>$171 billion in annual free cash flow and $628 billion in cash on the balance sheet, means that Amazon will likely be forced by institutional investors to pay dividends.</li>\n <li>Amazon's 17% discount to fair value, and hyper-growth through 2026, means analysts think it could deliver 290% returns, nearly quadrupling your investment in five years.</li>\n <li>Those 26% CAGR consensus returns are what Amazon has delivered with incredible consistency for over 20 years. Combined with the potential to become the biggest dividend payer in history, Amazon is the ultimate rich retirement dream stock. That's why I've invested almost $250,000 into the best hyper-growth Ultra SWAN on earth, in all of my retirement portfolios. As long as Amazon remains undervalued, and the thesis intact, I'll keep buying my highest conviction recommendation of all time.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26138c41ab0116f0498e205dc805fdac\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Andrey Maximenko/iStock via Getty Images</span></p>\n<p>Today the market is highly overvalued, that's no secret.</p>\n<p><img src=\"https://static.tigerbbs.com/18e24a9282a0c7af30d401d5ed681a15\" tg-width=\"640\" tg-height=\"450\" referrerpolicy=\"no-referrer\"></p>\n<p>That means that future returns are likely to be far lower than the 14% CAGR investors have enjoyed over the last decade.</p>\n<p>For context, here's the return potential of the 32% overvalued S&amp;P 500.</p>\n<p>S&amp;P 500 2023 Consensus Total Return Potential</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/481b800cee26ad73776bc42cf540679d\" tg-width=\"640\" tg-height=\"393\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>S&amp;P 500 2026 Consensus Total Return Potential</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e2b09f0029e80868b3d337a6be1fc31\" tg-width=\"640\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>Even the venerable dividend aristocrats, which historically outperform the S&amp;P 500 by 2% annually, are only expected to deliver about 6% CAGR total returns over the next five years.</p>\n<p>But fear not, because it's always a market of stocks and not a stock market.</p>\n<p>No matter what kind of investor you are, yield, value, quality, low volatility, maximum returns, ESG, etc., something great is always on sale, if you know where to look.</p>\n<p>Today I wanted to highlight Amazon (AMZN), my highest conviction recommendation ever.</p>\n<p>Not only does Amazon represent a wonderful company at a wonderful price, but there are three reasons why the world's greatest hyper-growth Ultra SWAN could nearly quadruple in the next five years.</p>\n<p>That's right, 26% CAGR consensus return potential, even with the market 32% overvalued.</p>\n<p><b>Amazon Total Returns Since 1998</b></p>\n<p><img src=\"https://static.tigerbbs.com/6c15e1e4749f2958e4c6ceadaa33dc04\" tg-width=\"640\" tg-height=\"122\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5c3c729def2c82b8dcae89d9df47e27d\" tg-width=\"640\" tg-height=\"296\" referrerpolicy=\"no-referrer\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4b3df52b3968b654af4d086cd03c49b8\" tg-width=\"640\" tg-height=\"297\" referrerpolicy=\"no-referrer\"><span>(Source: Portfolio Visualizer)</span></p>\n<p>That's actually the returns Amazon investors have seen with clockwork-like regularity over the past 20 years.</p>\n<p>But wait, it gets better. Not only does Amazon have the potential to deliver Buffett-line returns over the next five years, but it's also likely to become one of the greatest dividend growth blue-chips in the world. In fact, Amazon is eventually likely to become the biggest dividend payer in world history.</p>\n<p>So here are the three reasons why I've invested almost $250,000 into Amazon across my retirement portfolios, on the way to eventually investing millions into what I call my \"Jeff Bezos retirement plan\".</p>\n<p><b>Reason 1: Exceptional Quality And Safety</b></p>\n<p>My motto is \"Safety and quality first, and prudent valuation and sound risk management always.\"</p>\n<p>The Dividend King's overall quality scores factor in 188 fundamental metrics covering.</p>\n<ul>\n <li><p>dividend safety</p></li>\n <li><p>balance sheet strength</p></li>\n <li><p>short and long-term bankruptcy risk</p></li>\n <li><p>accounting and corporate fraud risk</p></li>\n <li><p>profitability and business model</p></li>\n <li><p>growth consensus estimates</p></li>\n <li><p>cost of capital</p></li>\n <li><p>long-term sustainability (ESG scores and trends from MSCI, Morningstar, S&amp;P, FactSet, and Reuters'/Refinitiv)</p></li>\n <li><p>management quality</p></li>\n <li><p>dividend friendly corporate culture/income dependability</p></li>\n <li><p>long-term total returns (a Ben Graham sign of quality)</p></li>\n</ul>\n<p>It actually includes over 1,000 metrics if you count everything factored in by nine rating agencies we use to assess fundamental risk.</p>\n<p>How do we know that our safety and quality model works well?</p>\n<p>During the 2 worst recessions in 75 years, our safety model predicted 6 blue-chip dividend cuts on the Phoenix list.</p>\n<p>There were 5, meaning we did very well during the ultimate baptism by fire for any dividend safety model.</p>\n<p>And then there's the confirmation that our quality ratings are very accurate.</p>\n<p>In the past decade, just 42% of all stocks made money, including dividends.</p>\n<p><img src=\"https://static.tigerbbs.com/77887d92a577c923463c57ecaf5e5e13\" tg-width=\"640\" tg-height=\"388\" referrerpolicy=\"no-referrer\"></p>\n<p>100% Of Phoenix Recs, Past And Present, Have Made Money Over The Last Decade</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9dee2e8b4c6e8be93ea54ae3da22414a\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"><span>(Seeking Alpha)</span></p>\n<p><img src=\"https://static.tigerbbs.com/f2e89af3183b9baba5d0614dfe8b9338\" tg-width=\"640\" tg-height=\"244\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8ec31ba1dd7e5dbd09d18f343d6b9965\" tg-width=\"640\" tg-height=\"276\" referrerpolicy=\"no-referrer\"></p>\n<p>DK Phoenix: A Great Blue-Chip Stock Picking System</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Metric</b></td>\n   <td><b>US Stocks</b></td>\n   <td><b>Phoenix</b></td>\n  </tr>\n  <tr>\n   <td>Positive Total Returns Over The Last 10 Years</td>\n   <td>42%</td>\n   <td>100%</td>\n  </tr>\n  <tr>\n   <td>Lost Money/Went Bankrupt</td>\n   <td>47%</td>\n   <td>0%</td>\n  </tr>\n  <tr>\n   <td>Outperformed Market</td>\n   <td>36%</td>\n   <td>52%</td>\n  </tr>\n  <tr>\n   <td>Bankruptcies Over The Last 10 Years</td>\n   <td>11%</td>\n   <td>0%</td>\n  </tr>\n  <tr>\n   <td>Permanent 70+% Catastrophic Decline</td>\n   <td>40%</td>\n   <td>0%</td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Sources: Morningstar, JPMorgan Asset Management, FactSet, Seeking Alpha)</i></p>\n<p>Basically, historical market data confirms that the DK safety and quality model is one of the most comprehensive and accurate in the world.</p>\n<p>Picking stocks is hard unless you have a comprehensive and accurate way of measuring risk, valuation, and long-term return potential, which DK Phoenix most certainly does.</p>\n<p>This is why I entrust 100% of my life savings to this model and the DK Phoenix strategy.</p>\n<p><b>Balance Sheet Safety</b></p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Rating</b></td>\n   <td><b>Dividend Kings Safety Score (110 Safety Metric Model)</b></td>\n   <td><b>Approximate Dividend Cut Risk (Average Recession)</b></td>\n   <td><p><b>Approximate Dividend Cut Risk In Pandemic Level Recession</b></p></td>\n  </tr>\n  <tr>\n   <td>1 (unsafe)</td>\n   <td>0% to 20%</td>\n   <td>over 4%</td>\n   <td>16+%</td>\n  </tr>\n  <tr>\n   <td>2 (below- average)</td>\n   <td>21% to 40%</td>\n   <td>over 2%</td>\n   <td>8% to 16%</td>\n  </tr>\n  <tr>\n   <td>3 (average)</td>\n   <td>41% to 60%</td>\n   <td>2%</td>\n   <td>4% to 8%</td>\n  </tr>\n  <tr>\n   <td>4 (safe)</td>\n   <td>61% to 80%</td>\n   <td>1%</td>\n   <td>2% to 4%</td>\n  </tr>\n  <tr>\n   <td>5 (very safe)</td>\n   <td>81% to 100%</td>\n   <td>0.5%</td>\n   <td>1% to 2%</td>\n  </tr>\n  <tr>\n   <td><b>AMZN</b></td>\n   <td><b>88%</b></td>\n   <td><b>A+ top AA credit ratings</b></td>\n   <td><b>0.6% to 0.51% 30-year default/bankruptcy risk</b></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Long-Term Dependability</b></p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Company</b></td>\n   <td><b>DK Long-Term Dependability Score</b></td>\n   <td><b>Interpretation</b></td>\n   <td><b>Points</b></td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500/Industry Average</td>\n   <td>60%</td>\n   <td>Average Dependability</td>\n   <td>2</td>\n  </tr>\n  <tr>\n   <td>Non-Dependable Companies</td>\n   <td>29% or below</td>\n   <td>Poor Dependability</td>\n   <td>1</td>\n  </tr>\n  <tr>\n   <td>Relatively Dependable Companies</td>\n   <td>29% to 64%</td>\n   <td>Below to Above-Average Dependability</td>\n   <td>2</td>\n  </tr>\n  <tr>\n   <td>Very Dependable Companies</td>\n   <td>65% to 79%</td>\n   <td>Very Dependable</td>\n   <td>3</td>\n  </tr>\n  <tr>\n   <td>Exceptionally Dependable Companies</td>\n   <td>80% or higher</td>\n   <td>Exceptional Dependability</td>\n   <td>4</td>\n  </tr>\n  <tr>\n   <td><b>AMZN</b></td>\n   <td><b>80%</b></td>\n   <td><b>Exceptional Dependability</b></td>\n   <td><b>4</b></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Overall Quality</b></p>\n<table>\n <tbody>\n  <tr>\n   <td><b>AMZN</b></td>\n   <td><b>Final Score</b></td>\n   <td><b>Rating</b></td>\n  </tr>\n  <tr>\n   <td>Safety</td>\n   <td>88%</td>\n   <td>5/5</td>\n  </tr>\n  <tr>\n   <td>Business Model</td>\n   <td>80%</td>\n   <td>3/3</td>\n  </tr>\n  <tr>\n   <td>Dependability</td>\n   <td>80%</td>\n   <td>4/4</td>\n  </tr>\n  <tr>\n   <td><b>Total</b></td>\n   <td><b>83%</b></td>\n   <td><b>12/12 Ultra SWAN</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: DK Safety &amp; Quality Tool) updated daily, sorted by overall quality</i></p>\n<p>The DK 500 Master List includes the world's highest quality companies including:</p>\n<ul>\n <li><p>All dividend champions</p></li>\n <li><p>All dividend aristocrats</p></li>\n <li><p>All dividend kings</p></li>\n <li><p>All global aristocrats (such as BTI, ENB, and NVS)</p></li>\n <li><p>All 12/12 Ultra Swans (as close to perfect quality as exists on Wall Street)</p></li>\n</ul>\n<p>AMZN: 123rd Highest Quality Master List Company (Out of 517) = 76th Percentile</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc4fcd0e53ed517cc20402f12043cb4b\" tg-width=\"640\" tg-height=\"241\" referrerpolicy=\"no-referrer\"><span>(Source: DK Safety &amp; Quality Tool) updated daily, sorted by overall quality</span></p>\n<p>AMZN's 83% quality score means its similar in quality to such 11/12 Super Swans and 12/12 Ultra SWANs as:</p>\n<ul>\n <li>Merck (MRK)</li>\n <li>Cardinal Health (CAH) - dividend aristocrat</li>\n <li>Costco (COST)</li>\n <li>General Mills (GIS)</li>\n <li>Nestle (OTCPK:NSRGY)</li>\n <li>Medtronic (MDT) - dividend aristocrat</li>\n <li>Atmos Energy (ATO) - dividend aristocrat</li>\n <li>BlackRock (BLK)</li>\n <li>Alphabet (GOOG)</li>\n <li>Enbridge (ENB) - global aristocrat</li>\n <li>AbbVie (ABBV) - dividend aristocrat</li>\n <li>Berkshire Hathaway (BRK.B)</li>\n</ul>\n<p>Today AMZN is of higher quality than 76% of the world's most elite companies.</p>\n<p>What makes Amazon so high quality?</p>\n<p>Let's start with its fortress balance sheet.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c3642bcde8d34e336b32513a8b667b10\" tg-width=\"590\" tg-height=\"636\" referrerpolicy=\"no-referrer\"><span>(Source: GuruFocus Premium)</span></p>\n<p>Amazon's advanced accounting and solvency metrics all confirm almost zero short and long-term bankruptcy risk. They also confirm a significantly below 17.5% chance of accounting fraud.</p>\n<p>These are numbers we can trust, and that's verified by not one, not two, but all three major credit rating agencies.</p>\n<p>Amazon Consensus Credit Rating</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Rating Agency</b></td>\n   <td><b>Credit Rating</b></td>\n   <td><b>30-Year Default/Bankruptcy Risk</b></td>\n   <td><b>Chance of Losing 100% Of Your Investment 1 In</b></td>\n  </tr>\n  <tr>\n   <td>S&amp;P</td>\n   <td>AA stable outlook</td>\n   <td>0.51%</td>\n   <td>196.1</td>\n  </tr>\n  <tr>\n   <td>Fitch</td>\n   <td>AA- stable outlook</td>\n   <td>0.55%</td>\n   <td>181.8</td>\n  </tr>\n  <tr>\n   <td>Moody's</td>\n   <td>A1 (A+ equivalent) stable outlook</td>\n   <td>0.67%</td>\n   <td>149.3</td>\n  </tr>\n  <tr>\n   <td><b>Consensus</b></td>\n   <td><b>AA- stable outlook</b></td>\n   <td><b>0.58%</b></td>\n   <td><b>173.4</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Sources: S&amp;P, Fitch, Moody's)</i></p>\n<p>Warren Buffett defines fundamental risk as the probability of losing 100% of your investment, because of bankruptcy.</p>\n<p>Jeff Bezos himself has said that his main goal is to push back Amazon's eventual bankruptcy for as long as possible.</p>\n<p>According to the rating agencies, he's done a masterful job of that, because the chance of Amazon going bankrupt over the next 30 years is 1 in 173.</p>\n<p>The Bond Market Absolutely LOVES Amazon</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e8d391ae0a66f0a0a7097c951a829db\" tg-width=\"640\" tg-height=\"641\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<ul>\n <li>$81 billion in liquidity</li>\n <li>1.96% average borrowing cost</li>\n <li>\"smart money\" on Wall Street, bond investors, are willing to lend to Amazon for 40 years at under 3%</li>\n <li>better terms than even the US treasury can get</li>\n</ul>\n<p>But wait, it gets better.</p>\n<p>AMZN Balance Sheet Consensus Forecast</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>Debt/EBITDA (3.0 Or Less Safe According To Rating Agencies)</b></td>\n   <td><b>Net Debt/EBITDA</b></td>\n   <td><p><b>Interest Coverage (8+ Safe)</b></p></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>0.56</td>\n   <td>-0.09</td>\n   <td>13.90</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>0.42</td>\n   <td>-0.90</td>\n   <td>21.00</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>0.33</td>\n   <td>-1.21</td>\n   <td>27.63</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>0.27</td>\n   <td>-1.52</td>\n   <td>37.61</td>\n  </tr>\n  <tr>\n   <td>2024</td>\n   <td>0.21</td>\n   <td>-1.97</td>\n   <td>47.99</td>\n  </tr>\n  <tr>\n   <td>2025</td>\n   <td>0.17</td>\n   <td>-2.14</td>\n   <td>58.03</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>0.14</td>\n   <td>-2.24</td>\n   <td>79.57</td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<ul>\n <li>$501 billion consensus net cash by 2026</li>\n</ul>\n<p>Leverage Safety Credit Rating Guidelines For Most Companies</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Credit Rating</b></td>\n   <td><b>Safe Debt/EBITDA For Most Companies</b></td>\n   <td><b>30-Year Default/Bankruptcy Risk</b></td>\n  </tr>\n  <tr>\n   <td>BBB</td>\n   <td>3.0 or less</td>\n   <td>7.50%</td>\n  </tr>\n  <tr>\n   <td>A-</td>\n   <td>2.5 or less</td>\n   <td>2.50%</td>\n  </tr>\n  <tr>\n   <td>A</td>\n   <td>2.0 or less</td>\n   <td>0.66%</td>\n  </tr>\n  <tr>\n   <td>A+</td>\n   <td>1.8 or less</td>\n   <td>0.60%</td>\n  </tr>\n  <tr>\n   <td>AA</td>\n   <td>1.5 or less</td>\n   <td>0.51%</td>\n  </tr>\n  <tr>\n   <td>AAA</td>\n   <td>1.1 or less</td>\n   <td>0.07%</td>\n  </tr>\n </tbody>\n</table>\n<ul>\n <li>S&amp;P recently upgraded AMZN from AA- to AA</li>\n <li>the company is on track to join JNJ and MSFT as the only AAA-rated companies in America</li>\n</ul>\n<p>Within a few years, Amazon could have three AAA-stable credit ratings, tying Microsoft (MSFT) for the strongest balance sheet in corporate America (JNJ has an AAA-negative outlook from Moody's).</p>\n<p>But quality only begins with a strong balance sheet and low fundamental risk.</p>\n<blockquote>\n <b>We assign Amazon an Exemplary Capital Allocation rating.</b>\n</blockquote>\n<blockquote>\n The rating reflects our assessments of a sound balance sheet, exceptional investments, and appropriate shareholder distributions...\n</blockquote>\n<blockquote>\n <b>Management’s track record of investing in areas that investors were initially skeptical of but were ultimately vindicated has been remarkable.</b>..The results have been breathtaking.\n</blockquote>\n<blockquote>\n From humble beginnings, Mr. Bezos has built Amazon into one of the largest companies in the world. On the e-commerce side, the company has evolved from selling books to selling everything, including groceries, delivering purchases the same day they are ordered, and moving into retail categories that were long thought to be beyond the reach of online shopping.\n</blockquote>\n<blockquote>\n The stickiness of Prime members, the financial stability of subscriptions, the tech world shakeup via AWS, the Kindle—the innovation has been dramatic, and shareholders have been rewarded along the way. Ultimately,\n <b>we assess investment as exceptional.</b>\n</blockquote>\n<blockquote>\n Amazon’s capital deployment strategy centers around re-investing in the business and making generally small tuck-in acquisitions.\n <b>The company does not pay a dividend or repurchase shares, nor do we expect them to over the next several years.\"</b>- Morningstar (emphasis added)\n</blockquote>\n<p>I define management quality by long-term capital allocation, as measured by profitability vs peers, as well as the dividend track record (for dividend stocks), and long-term total returns. And on that front, I agree with Morningstar 100% that Amazon has exceptional management quality.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78d42b9bed2737674895bbf058e91e51\" tg-width=\"595\" tg-height=\"597\" referrerpolicy=\"no-referrer\"><span>(Source: GuruFocus Premium)</span></p>\n<p>Amazon's profitability is historically in the top 20% of peers, confirming the wide and stable moat.</p>\n<p><img src=\"https://static.tigerbbs.com/a345405475408a1636a0de9514dd4c7c\" tg-width=\"640\" tg-height=\"390\" referrerpolicy=\"no-referrer\"></p>\n<p>And like Morningstar, I expect Amazon to keep plowing its rivers of profits back into more growth. When you're generating 19% cash returns on invested capital the best thing to do is slam the growth pedal to the floor.</p>\n<p>And that's exactly what analysts expect Amazon to do.</p>\n<p>AMZN Growth Spending Consensus Forecast</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>SG&amp;A</b></td>\n   <td><b>R&amp;D</b></td>\n   <td><b>Capex</b></td>\n   <td><b>Total Growth Spending</b></td>\n   <td><b>Sales</b></td>\n   <td><p><b>Growth Spending/Sales</b></p></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>$28,677</td>\n   <td>$37,677</td>\n   <td>$35,046</td>\n   <td>$72,723</td>\n   <td>$386,064</td>\n   <td>18.84%</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$34,316</td>\n   <td>$54,529</td>\n   <td>$38,722</td>\n   <td>$93,251</td>\n   <td>$489,008</td>\n   <td>19.07%</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>$41,429</td>\n   <td>$60,706</td>\n   <td>$39,328</td>\n   <td>$100,034</td>\n   <td>$580,286</td>\n   <td>17.24%</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>$48,702</td>\n   <td>$66,794</td>\n   <td>$39,666</td>\n   <td>$106,460</td>\n   <td>$675,490</td>\n   <td>15.76%</td>\n  </tr>\n  <tr>\n   <td>2024</td>\n   <td>$50,575</td>\n   <td>$75,326</td>\n   <td>$45,823</td>\n   <td>$121,149</td>\n   <td>$771,718</td>\n   <td>15.70%</td>\n  </tr>\n  <tr>\n   <td>2025</td>\n   <td>$55,270</td>\n   <td>$81,758</td>\n   <td>$47,416</td>\n   <td>$129,174</td>\n   <td>$870,208</td>\n   <td>14.84%</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>$60,083</td>\n   <td>$88,553</td>\n   <td>$49,390</td>\n   <td>$137,943</td>\n   <td>$1,010,120</td>\n   <td>13.66%</td>\n  </tr>\n  <tr>\n   <td><b>Annualized Growth</b></td>\n   <td><b>13.12%</b></td>\n   <td><b>15.31%</b></td>\n   <td><b>5.88%</b></td>\n   <td><b>11.26%</b></td>\n   <td><b>17.39%</b></td>\n   <td><b>-5.77%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p><img src=\"https://static.tigerbbs.com/7c36f1c1784191679b319b1e3fe6a2ce\" tg-width=\"640\" tg-height=\"390\" referrerpolicy=\"no-referrer\"></p>\n<p>Amazon's hiring binge, which has seen its workforce grow 37% CAGR since 1994, is expected to continue.</p>\n<p>Within a few years, Amazon is likely to surpass Walmart as the largest private employer in America.</p>\n<p>Eventually, it could surpass the Federal Government as the largest employer in America, and one day Amazon could even be the largest employer on earth.</p>\n<p>R&amp;D spending is expected to reach almost $90 billion by 2026. Amazon is already the #1 company on earth when it comes to investing in innovation and new products. And that R&amp;D spending is expected to double within 5 years.</p>\n<p>Growth capex is expected to reach nearly $50 billion by 2026, as Amazon continues maximizing its logistical capabilities. For context, today Amazon has 57 fulfillment centers... in Philadelphia alone!</p>\n<p>Amazon has 77 planes in its Amazon Air businesses and soon it will have85.</p>\n<p>In 2021 Amazon is expected to open a $1.5 billion air hub in Kentucky. For most companies, a $1.5 billion investment would be a huge deal. For Amazon, it's about 5% of its consensus 2021 capex.</p>\n<p>In 2019 Amazon had 60,000 trucks delivering its packages, and the company hasordered 100,000 electric trucks, which would nearly triple its delivery fleet, already one of the largest on earth.</p>\n<p>Globally, Amazon is making inroads into dozens of countries, including India where Bezos says the goal is to create over 1 million direct and indirect jobs by 2025 alone.</p>\n<p>There are few companies on earth as capital intensive as Amazon is today. And yet its returns on capital are still industry-leading and improving rapidly.</p>\n<p>AMZN TTM Profitability Vs Peers</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Metric</b></td>\n   <td><b>Industry Percentile</b></td>\n   <td><b>Major Cyclical Retailers More Profitable Than AMZN (Out of 1058)</b></td>\n  </tr>\n  <tr>\n   <td>Operating Margin</td>\n   <td>66.48</td>\n   <td>355</td>\n  </tr>\n  <tr>\n   <td>Net Margin</td>\n   <td>76.16</td>\n   <td>252</td>\n  </tr>\n  <tr>\n   <td>Return On Equity</td>\n   <td>90.94</td>\n   <td>96</td>\n  </tr>\n  <tr>\n   <td>Return On Assets</td>\n   <td>85.77</td>\n   <td>151</td>\n  </tr>\n  <tr>\n   <td>Return On Capital</td>\n   <td>75.61</td>\n   <td>258</td>\n  </tr>\n  <tr>\n   <td><b>Average</b></td>\n   <td><b>78.99</b></td>\n   <td><b>222</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: GuruFocus Premium)</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae20a3b7d6ae4faf5259f28d2c3b0ec9\" tg-width=\"640\" tg-height=\"287\" referrerpolicy=\"no-referrer\"><span>(Source: GuruFocus Premium)</span></p>\n<p>ROC = Joel Greenblatt's gold standard proxy for quality and moatiness.</p>\n<p>Earnings before interest and taxes/all the money it takes to run the business.</p>\n<p>historically ROC about 2X that of its peers.</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Dividend Kings Watchlist</b></td>\n   <td><b>Average ROC</b></td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500</td>\n   <td>13%</td>\n  </tr>\n  <tr>\n   <td>Dividend Champions</td>\n   <td>83%</td>\n  </tr>\n  <tr>\n   <td>Dividend Aristocrats</td>\n   <td>85%</td>\n  </tr>\n  <tr>\n   <td>Dividend Kings</td>\n   <td>87%</td>\n  </tr>\n  <tr>\n   <td>Strong ESG</td>\n   <td>83%</td>\n  </tr>\n  <tr>\n   <td>Ultra SWANs</td>\n   <td>87%</td>\n  </tr>\n  <tr>\n   <td>Low Volatility</td>\n   <td>87%</td>\n  </tr>\n  <tr>\n   <td>DK 500 Master List</td>\n   <td>106%</td>\n  </tr>\n  <tr>\n   <td>Foreign Dividend Stocks</td>\n   <td>125%</td>\n  </tr>\n  <tr>\n   <td>Hyper-Growth</td>\n   <td>154%</td>\n  </tr>\n </tbody>\n</table>\n<p>You'd think that all that growth spending would cause profit margins to shrink, but Amazon's economies of scale are so large, that profitability is expected to explode in the coming years.</p>\n<p>AMZN Profit Margin Consensus Forecast</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>FCF Margin</b></td>\n   <td><b>EBITDA Margin</b></td>\n   <td><b>EBIT (Operating) Margin</b></td>\n   <td><b>Net Margin</b></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>8.0%</td>\n   <td>14.8%</td>\n   <td>5.9%</td>\n   <td>5.5%</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>7.7%</td>\n   <td>15.4%</td>\n   <td>7.0%</td>\n   <td>5.8%</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>10.2%</td>\n   <td>16.2%</td>\n   <td>8.1%</td>\n   <td>6.6%</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>11.7%</td>\n   <td>17.1%</td>\n   <td>9.6%</td>\n   <td>7.8%</td>\n  </tr>\n  <tr>\n   <td>2024</td>\n   <td>14.2%</td>\n   <td>19.1%</td>\n   <td>11.0%</td>\n   <td>9.1%</td>\n  </tr>\n  <tr>\n   <td>2025</td>\n   <td>16.1%</td>\n   <td>20.7%</td>\n   <td>12.1%</td>\n   <td>10.6%</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>17.0%</td>\n   <td>22.2%</td>\n   <td>14.7%</td>\n   <td>12.3%</td>\n  </tr>\n  <tr>\n   <td><b>Annualized Growth</b></td>\n   <td><b>13.26%</b></td>\n   <td><b>6.92%</b></td>\n   <td><b>16.27%</b></td>\n   <td><b>14.20%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>FCF margins are expected to more than double. Operating margins are expected to nearly triple.</p>\n<p>Amazon's 2026 consensus ROC is 60% to 68%, which is 8x its industry peers and 5x that of the S&amp;P 500.</p>\n<p>What on earth can have analysts so bullish about Amazon's profitability prospects?</p>\n<p>Amazon Web Services Consensus Profitability Forecast</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>AWS Consensus Sales</b></td>\n   <td><b>AWS Consensus Operating Income</b></td>\n   <td><b>AWS Consensus EBITDA</b></td>\n   <td><b>AWS Consensus Operating Margin</b></td>\n   <td><p><b>AWS Consensus EBITDA Margin</b></p></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>$45,370</td>\n   <td>$13,531</td>\n   <td>$29,063</td>\n   <td>29.82%</td>\n   <td>64.06%</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$58,450</td>\n   <td>$17,450</td>\n   <td>$35,900</td>\n   <td>29.85%</td>\n   <td>61.42%</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>$72,988</td>\n   <td>$22,285</td>\n   <td>$41,969</td>\n   <td>30.53%</td>\n   <td>57.50%</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>$91,683</td>\n   <td>$28,743</td>\n   <td>$49,991</td>\n   <td>31.35%</td>\n   <td>54.53%</td>\n  </tr>\n  <tr>\n   <td>2024</td>\n   <td>$110,174</td>\n   <td>$39,370</td>\n   <td>$58,906</td>\n   <td>35.73%</td>\n   <td>53.47%</td>\n  </tr>\n  <tr>\n   <td>2025</td>\n   <td>$131,980</td>\n   <td>$50,362</td>\n   <td>NA</td>\n   <td>38.16%</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>$151,749</td>\n   <td>$63,982</td>\n   <td>NA</td>\n   <td>42.16%</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td><b>Annualized Growth</b></td>\n   <td><b>22.29%</b></td>\n   <td><b>29.56%</b></td>\n   <td><b>19.32%</b></td>\n   <td><b>5.94%</b></td>\n   <td><b>-4.42%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>Amazon Web Services is the largest cloud computing provider on earth, and those sales are expected to grow at over 22% annually through 2026.</p>\n<p>If AWS were its own business in 2021, it would be ranked #53 on the Fortune 500, larger than Boeing.</p>\n<p><img src=\"https://static.tigerbbs.com/ef66bfecf31ba5368e9e483ff2c0b9fc\" tg-width=\"434\" tg-height=\"954\" referrerpolicy=\"no-referrer\"></p>\n<p>By 2026, AWS's $152 billion in sales, would make it #15 on the Fortune 500.</p>\n<p>Operating margins at AWS are expected to increase by 40% in the next five years. And that's despite Amazon steadily reducing cloud computing prices as it has&nbsp;more than 70 times&nbsp;already.</p>\n<p>But there is an even better business Amazon runs, with 70% operating margins according to analyst firm Piper Jaffray.</p>\n<p>Amazon Advertising Consensus Growth Forecast</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>Advertising Revenue</b></td>\n   <td><b>Total Sales</b></td>\n   <td><p><b>Advertising As % Of Sales</b></p></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>$15,730</td>\n   <td>$386,064</td>\n   <td>4.07%</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$25,862</td>\n   <td>$489,008</td>\n   <td>5.29%</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>$33,809</td>\n   <td>$580,286</td>\n   <td>5.83%</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>$49,722</td>\n   <td>$675,490</td>\n   <td>7.36%</td>\n  </tr>\n  <tr>\n   <td><b>Annualized Growth</b></td>\n   <td><b>46.76%</b></td>\n   <td><b>17.39%</b></td>\n   <td><b>21.79%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>The Wall Street Journal estimates Amazon generated $16 billion in ad revenue in 2020, #3 in the world behind Alphabet (GOOG) and Facebook (FB). That's 77% growth in advertising revenue in 2020, a terrible year for the advertising industry.</p>\n<p>That ad business is expected to grow like a weed, more than tripling by 2023 alone.</p>\n<p>In fact, by 2023, about 1/15th of Amazon's revenue is expected to be from digital ads.</p>\n<p><img src=\"https://static.tigerbbs.com/0ffdf852b07773d55e7615de35404d3a\" tg-width=\"640\" tg-height=\"508\" referrerpolicy=\"no-referrer\"></p>\n<p>In 2020 Amazon had 10.3% of the digital ad market, up from 7.8% the year before.</p>\n<p><img src=\"https://static.tigerbbs.com/3866ce2e9c2c12dd34acca1982f6a04b\" tg-width=\"609\" tg-height=\"669\" referrerpolicy=\"no-referrer\"></p>\n<p>eMarketer estimates Amazon is already #2 in search ad spending revenue.</p>\n<blockquote>\n This year, Amazon will control 76.2% of the nearly $24 billion e-commerce channel ad market. For comparison, No. 2 Walmart will capture just 6.5% of the market.\" - eMarketer\n</blockquote>\n<p>AWS + Advertising Consensus Growth Forecast</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>Advertising Revenue</b></td>\n   <td><b>AWS Revenue</b></td>\n   <td><b>AWS + Advertising Revenue</b></td>\n   <td><b>Total Sales</b></td>\n   <td><p><b>AWS + Advertising/Sales</b></p></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>$15,730</td>\n   <td>$45,370</td>\n   <td>$61,100</td>\n   <td>$386,064</td>\n   <td>15.83%</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$25,862</td>\n   <td>$58,450</td>\n   <td>$84,312</td>\n   <td>$489,008</td>\n   <td>17.24%</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>$33,809</td>\n   <td>$72,988</td>\n   <td>$106,797</td>\n   <td>$580,286</td>\n   <td>18.40%</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>$49,722</td>\n   <td>$91,683</td>\n   <td>$141,405</td>\n   <td>$675,490</td>\n   <td>20.93%</td>\n  </tr>\n  <tr>\n   <td><b>Annualized Growth</b></td>\n   <td><b>46.76%</b></td>\n   <td><b>22.29%</b></td>\n   <td><b>32.27%</b></td>\n   <td><b>17.39%</b></td>\n   <td><b>9.77%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>Advertising and AWS are the most lucrative parts of its business and those are expected to grow at 32% annually through 2023, and makeup 1/5th of company sales.</p>\n<p>And those sales are themselves growing at incredible rates, thanks to Amazon's other businesses.</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>Online Stores</b></td>\n   <td><b>Physical Stores</b></td>\n   <td><b>3rd Party Sellers</b></td>\n   <td><b>Subscription Services</b></td>\n   <td><b>AWS</b></td>\n   <td><b>Advertising</b></td>\n   <td><b>Other</b></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>$197,349</td>\n   <td>$16,224</td>\n   <td>$80,437</td>\n   <td>$25,207</td>\n   <td>$45,370</td>\n   <td>$15,730</td>\n   <td>$21,477</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$247,062</td>\n   <td>$16,271</td>\n   <td>$105,072</td>\n   <td>$32,067</td>\n   <td>$58,450</td>\n   <td>$25,862</td>\n   <td>$32,329</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>$291,435</td>\n   <td>$16,818</td>\n   <td>$128,177</td>\n   <td>$38,992</td>\n   <td>$72,988</td>\n   <td>$33,809</td>\n   <td>$42,937</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>$307,114</td>\n   <td>$17,128</td>\n   <td>$155,835</td>\n   <td>$44,961</td>\n   <td>$91,683</td>\n   <td>$49,722</td>\n   <td>$52,000</td>\n  </tr>\n  <tr>\n   <td>2024</td>\n   <td>$318,497</td>\n   <td>$16,750</td>\n   <td>$169,642</td>\n   <td>$52,868</td>\n   <td>$110,174</td>\n   <td>NA</td>\n   <td>$63,637</td>\n  </tr>\n  <tr>\n   <td>2025</td>\n   <td>$473,794</td>\n   <td>$19,738</td>\n   <td>$189,999</td>\n   <td>$58,948</td>\n   <td>$131,980</td>\n   <td>NA</td>\n   <td>$67,563</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>$151,749</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td><b>Annual Growth</b></td>\n   <td><b>19.14%</b></td>\n   <td><b>4.00%</b></td>\n   <td><b>18.76%</b></td>\n   <td><b>18.52%</b></td>\n   <td><b>22.29%</b></td>\n   <td><b>46.76%</b></td>\n   <td><b>25.76%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>What's included in Amazon's \"other\" businesses, which are expected to generate almost $68 billion in sales by 2025?</p>\n<p>Amazon is an empire with</p>\n<blockquote>\n over 40 subsidiaries, including Audible, Diapers.com, Goodreads, IMDb, Kiva Systems (now Amazon Robotics), Shopbop, TeachStreet, Twitch, and Zappos. -Wikipedia\n</blockquote>\n<p>That motley collection of companies is growing at 25% and by 2026 would be #46 on the Fortune 500.</p>\n<p>The bottom line is Amazon is a glorious empire that combines into one of the world's highest quality and fundamentally safest companies.</p>\n<p>It's also one of the fastest-growing.</p>\n<p><b>Reason 2: Long-Term Growth Potential To Make Grown Men Weep With Joy</b></p>\n<p>What does 17% organic revenue growth combined with extreme multiple expansion get you?</p>\n<p>AMZN Profit Growth Consensus Forecast</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>Sales</b></td>\n   <td><b>FCF</b></td>\n   <td><b>EBITDA</b></td>\n   <td><b>EBIT (Operating Income)</b></td>\n   <td><b>Net Income</b></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>$386,064</td>\n   <td>$31,018</td>\n   <td>$57,284</td>\n   <td>$22,899</td>\n   <td>$21,331</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$489,008</td>\n   <td>$37,694</td>\n   <td>$75,241</td>\n   <td>$34,341</td>\n   <td>$28,601</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>$580,286</td>\n   <td>$59,368</td>\n   <td>$94,093</td>\n   <td>$46,944</td>\n   <td>$38,122</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>$675,490</td>\n   <td>$79,188</td>\n   <td>$115,214</td>\n   <td>$64,923</td>\n   <td>$52,538</td>\n  </tr>\n  <tr>\n   <td>2024</td>\n   <td>$771,718</td>\n   <td>$109,720</td>\n   <td>$147,249</td>\n   <td>$84,987</td>\n   <td>$70,026</td>\n  </tr>\n  <tr>\n   <td>2025</td>\n   <td>$870,208</td>\n   <td>$140,055</td>\n   <td>$180,369</td>\n   <td>$105,028</td>\n   <td>$92,641</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>$1,010,120</td>\n   <td>$171,309</td>\n   <td>$223,941</td>\n   <td>$148,007</td>\n   <td>$123,781</td>\n  </tr>\n  <tr>\n   <td><b>Annualized Growth</b></td>\n   <td><b>17.39%</b></td>\n   <td><b>32.95%</b></td>\n   <td><b>25.51%</b></td>\n   <td><b>36.48%</b></td>\n   <td><b>34.05%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>How about 33% CAGR FCF growth and 34% CAGR profit growth?</p>\n<p>Worried about higher corporate taxes in 2022? Jeff Bezos isn't and analysts are already baking that into their consensus estimates.</p>\n<p>AMZN Tax Consensus Forecast</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>Operating Income</b></td>\n   <td><b>Tax Costs</b></td>\n   <td><b>Tax Rate</b></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>$22,899</td>\n   <td>$2,863</td>\n   <td>12.50%</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$34,341</td>\n   <td>$6,588</td>\n   <td>19.18%</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>$46,944</td>\n   <td>$8,364</td>\n   <td>17.82%</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>$64,923</td>\n   <td>$11,723</td>\n   <td>18.06%</td>\n  </tr>\n  <tr>\n   <td>2024</td>\n   <td>$84,987</td>\n   <td>$15,707</td>\n   <td>18.48%</td>\n  </tr>\n  <tr>\n   <td>2025</td>\n   <td>$105,028</td>\n   <td>$19,933</td>\n   <td>18.98%</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>$148,007</td>\n   <td>$25,665</td>\n   <td>17.34%</td>\n  </tr>\n  <tr>\n   <td><b>Annualized Growth</b></td>\n   <td><b>36.48%</b></td>\n   <td><b>44.13%</b></td>\n   <td><b>5.60%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>Amazon's extreme growth spending is expected to keep its tax rate far below the 25% or so that most analysts now expect beyond 2021.</p>\n<p>That still means a $26 billion tax bill in 2026. Gone forever are the days of Amazon paying no taxes. But by 2026 Amazon is expected to become the largest single corporate taxpayer in the world, likely neutralizing claims that its \"not paying its fair share\".</p>\n<p>How much should investors fear taxes? Not much, because look at the growth estimates for Amazon for the next few years.</p>\n<p>Amazon's Medium-Term Growth Consensus</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Metric</b></td>\n   <td><b>2021 Growth Consensus</b></td>\n   <td><b>2022 Growth Consensus</b></td>\n   <td><b>2023 Growth Consensus</b></td>\n   <td><b>2024 Growth Consensus</b></td>\n   <td><b>2025 Growth Consensus</b></td>\n   <td><p><b>2026 Growth Consensus</b></p></td>\n  </tr>\n  <tr>\n   <td>Sales</td>\n   <td>27%</td>\n   <td>19%</td>\n   <td>16%</td>\n   <td>14%</td>\n   <td>13%</td>\n   <td>16%</td>\n  </tr>\n  <tr>\n   <td>Earnings</td>\n   <td>33%</td>\n   <td>30%</td>\n   <td>31%</td>\n   <td>35%</td>\n   <td>31%</td>\n   <td>32%</td>\n  </tr>\n  <tr>\n   <td>Owner Earnings (Buffett smoothed out FCF)</td>\n   <td>-13%</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td>Operating Cash Flow</td>\n   <td>14%</td>\n   <td>20%</td>\n   <td>17%</td>\n   <td>43%</td>\n   <td>19%</td>\n   <td>16%</td>\n  </tr>\n  <tr>\n   <td>Free Cash Flow</td>\n   <td>26%</td>\n   <td>57%</td>\n   <td>23%</td>\n   <td>54%</td>\n   <td>26%</td>\n   <td>21%</td>\n  </tr>\n  <tr>\n   <td>EBITDA</td>\n   <td>91%</td>\n   <td>23%</td>\n   <td>22%</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td>EBIT (Operating Income)</td>\n   <td>44%</td>\n   <td>38%</td>\n   <td>32%</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FAST Graphs, FactSet Research Terminal)</i></p>\n<p>Those are mind-blowing growth rates for any company, much less the 2nd largest by revenue in the world.</p>\n<p>And those hyper-growth rates are coming off one of Amazon's best years ever.</p>\n<p>Amazon Was A Big Pandemic Winner</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Metric</b></td>\n   <td><b>2020 Growth Results</b></td>\n  </tr>\n  <tr>\n   <td>Sales</td>\n   <td>38%</td>\n  </tr>\n  <tr>\n   <td>Earnings</td>\n   <td>82%</td>\n  </tr>\n  <tr>\n   <td>Owner Earnings (Buffett smoothed out FCF)</td>\n   <td>145%</td>\n  </tr>\n  <tr>\n   <td>Operating Cash Flow</td>\n   <td>70%</td>\n  </tr>\n  <tr>\n   <td>Free Cash Flow</td>\n   <td>18%</td>\n  </tr>\n  <tr>\n   <td>EBITDA</td>\n   <td>28%</td>\n  </tr>\n  <tr>\n   <td>EBIT (Operating Income)</td>\n   <td>53%</td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FAST Graphs, FactSet Research Terminal)</i></p>\n<p>But what about beyond 2026?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73a38f645a1608f99cc77e6ec072dc8d\" tg-width=\"640\" tg-height=\"105\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<p>Growth consensus range: 26.7% to 38.1% CAGR</p>\n<p><img src=\"https://static.tigerbbs.com/fa1e01b03bef42c7ed38ac2250cff266\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1150e4a88902c36c95997ca434ba5ba2\" tg-width=\"640\" tg-height=\"352\" referrerpolicy=\"no-referrer\"></p>\n<p>The historical margin of error, smoothing for outliers is 20% to the downside, 30% to the upside.</p>\n<p>The historical margin-of-error adjusted growth consensus range is 21% to 50% CAGR.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa93ca51685a573b23f8374d41368a45\" tg-width=\"640\" tg-height=\"445\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>Amazon's growth consensus means analysts expect the growth rate of the last two decades to continue, courtesy of margin expansion.</p>\n<p><b>Why Amazon Is Likely To Eventually Become The Biggest Dividend Payer In World History</b></p>\n<p>Today Amazon doesn't pay a dividend. Morningstar and analysts don't expect it to through at least 2026.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2179922a283d0c3fe0f5d4a90548a023\" tg-width=\"640\" tg-height=\"136\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<p>But guess what? Simple math tells us that one day if Amazon grows as analysts expect, it will almost have no alternative than massive buybacks and dividends that put Apple's (AAPL) to shame.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c76904335d4c5233f9ea5d4b3f7a2a8f\" tg-width=\"640\" tg-height=\"255\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<ul>\n <li>2026 consensus cash pile of $628 billion</li>\n <li>$501 billion net cash</li>\n <li>Apple began its capital returns at $250 billion</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33e6f4534ab69d845938b2fc376c1db3\" tg-width=\"640\" tg-height=\"326\" referrerpolicy=\"no-referrer\"><span>(Source: Apple)</span></p>\n<p>Apple has so far returned $551 billion in cash to investors. By 2026 Amazon's cash pile is expected to be $77 billion larger than that mind-blowing sum.</p>\n<p>AMZN Potential Dividend Consensus Forecast</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>FCF/Share Consensus</b></td>\n   <td><b>Dividend Per Share (50% Payout Ratio)</b></td>\n   <td><b>Yield On Today's Cost</b></td>\n   <td><b>Consensus Yield Potential</b></td>\n   <td><b>Analyst Consensus Fair Value Price</b></td>\n  </tr>\n  <tr>\n   <td>2020</td>\n   <td>$60.82</td>\n   <td>$30.41</td>\n   <td>0.87%</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$71.13</td>\n   <td>$35.57</td>\n   <td>1.02%</td>\n   <td>0.84%</td>\n   <td>$4,243.20</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>$99.74</td>\n   <td>$49.87</td>\n   <td>1.42%</td>\n   <td>0.88%</td>\n   <td>$5,643.44</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>$133.27</td>\n   <td>$66.64</td>\n   <td>1.90%</td>\n   <td>0.98%</td>\n   <td>$6,770.26</td>\n  </tr>\n  <tr>\n   <td>2024</td>\n   <td>$205.74</td>\n   <td>$102.87</td>\n   <td>2.94%</td>\n   <td>1.08%</td>\n   <td>$9,516.45</td>\n  </tr>\n  <tr>\n   <td>2025</td>\n   <td>$259.57</td>\n   <td>$129.79</td>\n   <td>3.70%</td>\n   <td>1.12%</td>\n   <td>$11,567.10</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>$313.89</td>\n   <td>$156.95</td>\n   <td>4.48%</td>\n   <td>1.15%</td>\n   <td>$13,655.48</td>\n  </tr>\n  <tr>\n   <td><b>Annualized Growth</b></td>\n   <td><b>31.46%</b></td>\n   <td><b>31.46%</b></td>\n   <td><b>31.46%</b></td>\n   <td><b>6.52%</b></td>\n   <td><b>26.33%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>Amazon yielding 1% would be similar to Apple, Microsoft, Visa (V), and Mastercard (MA) today.</p>\n<p>And guess what? If Amazon paid a 50% FCF dividend, then it would still see its cash position grow by almost $200 billion in the next five years.</p>\n<p>AMZN Potential Dividend/Retained Cash Flow Consensus</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>Dividend Consensus</b></td>\n   <td><b>FCF/Share Consensus</b></td>\n   <td><b>Payout Ratio</b></td>\n   <td><b>Retained FCF</b></td>\n   <td><b>Buyback Potential</b></td>\n   <td><b>Debt Repayment Potential</b></td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$35.57</td>\n   <td>$71.13</td>\n   <td>50.0%</td>\n   <td>$17,925</td>\n   <td>1.01%</td>\n   <td>56.1%</td>\n  </tr>\n  <tr>\n   <td>2022</td>\n   <td>$49.87</td>\n   <td>$99.74</td>\n   <td>50.0%</td>\n   <td>$25,134</td>\n   <td>1.42%</td>\n   <td>79.8%</td>\n  </tr>\n  <tr>\n   <td>2023</td>\n   <td>$66.64</td>\n   <td>$133.27</td>\n   <td>50.0%</td>\n   <td>$33,584</td>\n   <td>1.90%</td>\n   <td>107.3%</td>\n  </tr>\n  <tr>\n   <td>2024</td>\n   <td>$102.87</td>\n   <td>$205.74</td>\n   <td>50.0%</td>\n   <td>$51,846</td>\n   <td>2.93%</td>\n   <td>167.8%</td>\n  </tr>\n  <tr>\n   <td>2025</td>\n   <td>$129.79</td>\n   <td>$259.57</td>\n   <td>50.0%</td>\n   <td>$65,412</td>\n   <td>3.70%</td>\n   <td>214.6%</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>$156.95</td>\n   <td>$313.89</td>\n   <td>50.0%</td>\n   <td>$79,100</td>\n   <td>4.48%</td>\n   <td>259.5%</td>\n  </tr>\n  <tr>\n   <td><b>Total 2021 Through 2026</b></td>\n   <td><b>$541.67</b></td>\n   <td><b>$1,083.34</b></td>\n   <td><b>50.0%</b></td>\n   <td><b>$193,901.40</b></td>\n   <td><b>10.97%</b></td>\n   <td><b>606.42%</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Source: FactSet Research Terminal)</i></p>\n<p>If Amazon began paying out 100% of FCF as buybacks and dividends starting in 2022, then by 2026 its cash pile would be \"just\" $85.5 billion.</p>\n<p>How does a 32% growing dividend with a 1% starting yield, and 2% annual buybacks sound?</p>\n<p>Like $79 billion in annual dividends to all investors, and $8.0 billion to Jeff Bezos personally, by 2026.</p>\n<p>Bezos spends billions each year on Blue Origin (his rocket company) and philanthropy.</p>\n<p>In fact, if Amazon were to pay a 1% dividend this year, that's $1.8 billion to Bezos (and $17.9 billion to the rest of us), pretty much ensuring he never has to sell a single share ever again.</p>\n<p>Would paying those dividends harm Amazon's growth efforts? Not at all. Free cash flow is what's left over after running the business and investing in future growth.</p>\n<p>$171 billion in FCF that analysts expect in 2026 is AFTER $138 billion in growth spending.</p>\n<p>Within a few years, big institutions will likely insist that Amazon do something with its historic mountain of cash.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9830e84590274c519912b4e405af7fb8\" tg-width=\"640\" tg-height=\"264\" referrerpolicy=\"no-referrer\"><span>(Source: GuruFocus Premium)</span></p>\n<p>63% of Amazon is owned by institutional investors, including 12% Vanguard and BlackRock alone. For context, Jeff Bezos owns 10.1% of the company.</p>\n<p>Collecting cash for its own sake is not prudent capital allocation, which is why these big institutions forced Apple to start buying back stock and paying dividends in 2012.</p>\n<p>And that's likely to happen eventually with Amazon.</p>\n<p><b>If Amazon Keeps Growing FCF At 33% CAGR Through 2030</b></p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>FCF</b></td>\n   <td><p><b>Cash On The Balance Sheet ($ Millions)</b></p></td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>$171,309</td>\n   <td>$627,910</td>\n  </tr>\n  <tr>\n   <td>2027</td>\n   <td>$227,755</td>\n   <td>$855,665</td>\n  </tr>\n  <tr>\n   <td>2028</td>\n   <td>$302,801</td>\n   <td>$1,158,466</td>\n  </tr>\n  <tr>\n   <td>2029</td>\n   <td>$402,574</td>\n   <td>$1,561,040</td>\n  </tr>\n  <tr>\n   <td>2030</td>\n   <td>$535,221</td>\n   <td>$2,096,261</td>\n  </tr>\n </tbody>\n</table>\n<p>Even if Amazon's FCF growth rate slows significantly in 2027, by 2030 it will likely have $1+ trillion in cash, barring massive buybacks and dividends.</p>\n<p>What kind of income could Amazon eventually generate? Sufficient for a single share to potentially fund a rich retirement if your time horizon is long enough.</p>\n<p>Amazon Potential Inflation-Adjusted Future Dividends Per Share</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Year</b></td>\n   <td><b>AMZN Dividend Per Share (10% CAGR Growth)</b></td>\n   <td><b>AMZN Dividend Per Share (12.5% CAGR Growth)</b></td>\n   <td><b>AMZN Dividend Per Share (15% CAGR Growth)</b></td>\n   <td><b>AMZN Dividend Per Share (17.5% CAGR Growth)</b></td>\n   <td><p><b>AMZN Dividend Per Share (20% CAGR Growth)</b></p></td>\n  </tr>\n  <tr>\n   <td>2021</td>\n   <td>$35.57</td>\n   <td>$35.57</td>\n   <td>$35.57</td>\n   <td>$35.57</td>\n   <td>$35.57</td>\n  </tr>\n  <tr>\n   <td>2026</td>\n   <td>$52.26</td>\n   <td>$58.59</td>\n   <td>$65.53</td>\n   <td>$73.10</td>\n   <td>$81.36</td>\n  </tr>\n  <tr>\n   <td>2031</td>\n   <td>$76.78</td>\n   <td>$96.53</td>\n   <td>$120.73</td>\n   <td>$150.26</td>\n   <td>$186.14</td>\n  </tr>\n  <tr>\n   <td>2036</td>\n   <td>$112.82</td>\n   <td>$159.02</td>\n   <td>$222.43</td>\n   <td>$308.85</td>\n   <td>$425.85</td>\n  </tr>\n  <tr>\n   <td>2041</td>\n   <td>$165.77</td>\n   <td>$261.98</td>\n   <td>$409.82</td>\n   <td>$634.84</td>\n   <td>$974.23</td>\n  </tr>\n  <tr>\n   <td>2046</td>\n   <td>$243.57</td>\n   <td>$431.60</td>\n   <td>$755.06</td>\n   <td>$1,304.89</td>\n   <td>$2,228.81</td>\n  </tr>\n  <tr>\n   <td>2051</td>\n   <td>$357.88</td>\n   <td>$711.04</td>\n   <td>$1,391.16</td>\n   <td>$2,682.15</td>\n   <td>$5,098.98</td>\n  </tr>\n  <tr>\n   <td>2056</td>\n   <td>$525.84</td>\n   <td>$1,171.39</td>\n   <td>$2,563.12</td>\n   <td>$5,513.05</td>\n   <td>$11,665.22</td>\n  </tr>\n  <tr>\n   <td>2061</td>\n   <td>$772.63</td>\n   <td>$1,929.81</td>\n   <td>$4,722.38</td>\n   <td>$11,331.89</td>\n   <td>$26,687.21</td>\n  </tr>\n  <tr>\n   <td>2066</td>\n   <td>$1,135.25</td>\n   <td>$3,179.25</td>\n   <td>$8,700.67</td>\n   <td>$23,292.29</td>\n   <td>$61,053.86</td>\n  </tr>\n  <tr>\n   <td>2071</td>\n   <td>$1,668.06</td>\n   <td>$5,237.65</td>\n   <td>$16,030.42</td>\n   <td>$47,876.46</td>\n   <td>$139,676.45</td>\n  </tr>\n </tbody>\n</table>\n<p>A single share of Amazon could, with a long enough time frame, fund a comfortable retirement, with dividends alone.</p>\n<p>For context, the average social security benefit in 2021 is $1,543 per month = $18,516.</p>\n<p>A modest position in Amazon of 14 shares today, under my base case (15% future dividend growth) scenario will equal social security payments within 30 years, adjusted for inflation.</p>\n<p>I own over 73 shares of Amazon and counting which means $1.2 million in potential inflation-adjusted annual dividends in 50 years. This is my Jeff Bezos retirement plan.</p>\n<p><b>Reason 3: A Wonderful Company At A Wonderful Price And The Potential For 290% Returns In The Next 5 Years</b></p>\n<p>With Amazon near its all-time highs, many investors think it must be overvalued. However, its actually 17% undervalued.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d25c26202284b932556a32c78e613d7\" tg-width=\"640\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<ul>\n <li>billions of investors over 20 years have concluded 24 to 26x cash flow is fair value for Amazon</li>\n <li>91% statistical probability this is a reasonable estimate of intrinsic value</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d40651c431f16a1b854c8e11ee99f6ed\" tg-width=\"640\" tg-height=\"338\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<ul>\n <li>23.9x forward cash flow = 0.64 PEG = hyper-growth at a very attractive price</li>\n <li>24.2 EV/EBITDA vs 34.8 13-year median = AMZN potentially 30% undervalued</li>\n</ul>\n<table>\n <tbody>\n  <tr>\n   <td><b>Metric</b></td>\n   <td><b>Historical Fair Value Multiple (13-years)</b></td>\n   <td><b>2021</b></td>\n   <td><b>2022</b></td>\n   <td><b>2023</b></td>\n   <td><b>2024</b></td>\n   <td><b>2025</b></td>\n   <td><b>2026</b></td>\n  </tr>\n  <tr>\n   <td>Owner Earnings (Buffett Smoothed Out FCF)</td>\n   <td>26.10</td>\n   <td>$4,210.22</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td>Operating Cash Flow</td>\n   <td>25.10</td>\n   <td>$3,714.47</td>\n   <td>$4,456.98</td>\n   <td>$5,210.94</td>\n   <td>$7,885.17</td>\n   <td>$9,359.29</td>\n   <td>$10,889.13</td>\n  </tr>\n  <tr>\n   <td>Free Cash Flow</td>\n   <td>58.32</td>\n   <td>$3,748.49</td>\n   <td>$5,880.49</td>\n   <td>$7,213.57</td>\n   <td>$11,998.76</td>\n   <td>$15,138.12</td>\n   <td>$18,306.06</td>\n  </tr>\n  <tr>\n   <td>EBITDA</td>\n   <td>39.96</td>\n   <td>$5,911.02</td>\n   <td>$7,290.23</td>\n   <td>$8,882.35</td>\n   <td>NA</td>\n   <td>NA</td>\n   <td>NA</td>\n  </tr>\n  <tr>\n   <td><b>Average</b></td>\n   <td><b>$4,243.20</b></td>\n   <td><b>$5,643.44</b></td>\n   <td><b>$6,770.26</b></td>\n   <td><b>$9,516.45</b></td>\n   <td><b>$11,567.10</b></td>\n   <td>$13,655.48</td>\n  </tr>\n  <tr>\n   <td>Current Price</td>\n   <td>$3,503.82</td>\n  </tr>\n  <tr>\n   <td><p><b>Discount To Fair Value</b></p></td>\n   <td><b>17.43%</b></td>\n   <td><b>37.91%</b></td>\n   <td><b>48.25%</b></td>\n   <td><b>63.18%</b></td>\n   <td><b>69.71%</b></td>\n   <td>74.34%</td>\n  </tr>\n  <tr>\n   <td><b>Upside To Fair Value</b></td>\n   <td><b>21.10%</b></td>\n   <td><b>61.07%</b></td>\n   <td><b>93.23%</b></td>\n   <td><b>171.60%</b></td>\n   <td><b>230.13%</b></td>\n   <td>289.73%</td>\n  </tr>\n </tbody>\n</table>\n<ul>\n <li>290% consensus return potential over the next five years</li>\n <li>$13,655 consensus price in 2026</li>\n <li>$6.6 trillion market cap (assuming no buybacks)</li>\n <li>6.6x sales</li>\n <li>26% CAGR consensus return potential</li>\n</ul>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Morningstar Fair Value</b></p></td>\n  </tr>\n  <tr>\n   <td>$4,200.00</td>\n  </tr>\n  <tr>\n   <td><p><b>Discount To MS FV Estimate</b></p></td>\n  </tr>\n  <tr>\n   <td><b>16.58%</b></td>\n  </tr>\n  <tr>\n   <td><p>Upside To MS FV</p></td>\n  </tr>\n  <tr>\n   <td>19.87%</td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td><p><b>Analyst Median 12-Month Price Target</b></p></td>\n  </tr>\n  <tr>\n   <td>$4,249.17</td>\n  </tr>\n  <tr>\n   <td><p><b>Discount To Price Target</b></p></td>\n  </tr>\n  <tr>\n   <td><b>17.54%</b></td>\n  </tr>\n  <tr>\n   <td><p>Upside To Price Target</p></td>\n  </tr>\n  <tr>\n   <td>21.27%</td>\n  </tr>\n </tbody>\n</table>\n<p>Basically, all the experts agree, AMZN is modestly undervalued, with significantly short-term upside potential, 100% justified by some of the best fundamentals on Wall Street.</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Rating</b></td>\n   <td><b>Margin Of Safety For 12/12 Ultra SWAN Quality Companies</b></td>\n   <td><b>2020 Price</b></td>\n   <td><b>2021 Price</b></td>\n   <td><b>2022 Price</b></td>\n  </tr>\n  <tr>\n   <td>Potentially Reasonable Buy</td>\n   <td>0%</td>\n   <td>$3,409.22</td>\n   <td>$4,243.20</td>\n   <td>$5,643.44</td>\n  </tr>\n  <tr>\n   <td>Potentially Good Buy</td>\n   <td>5%</td>\n   <td>$3,238.76</td>\n   <td>$4,031.04</td>\n   <td>$5,361.27</td>\n  </tr>\n  <tr>\n   <td><i><b>Potentially Strong Buy</b></i></td>\n   <td><i><b>15%</b></i></td>\n   <td><i><b>$2,897.84</b></i></td>\n   <td><i><b>$3,606.72</b></i></td>\n   <td><i><b>$4,796.92</b></i></td>\n  </tr>\n  <tr>\n   <td>Potentially Very Strong Buy</td>\n   <td>25%</td>\n   <td>$2,429.07</td>\n   <td>$3,182.40</td>\n   <td>$4,232.58</td>\n  </tr>\n  <tr>\n   <td>Potentially Ultra-Value Buy</td>\n   <td>35%</td>\n   <td>$2,216.00</td>\n   <td>$2,758.08</td>\n   <td>$3,668.23</td>\n  </tr>\n  <tr>\n   <td><b>Currently</b></td>\n   <td><b>$3,503.82</b></td>\n   <td><b>-2.77%</b></td>\n   <td><b>17.43%</b></td>\n   <td><b>37.91%</b></td>\n  </tr>\n  <tr>\n   <td><p>Upside To Fair Value (Not Including Dividends)</p></td>\n   <td>-2.70%</td>\n   <td>21.10%</td>\n   <td>61.07%</td>\n  </tr>\n </tbody>\n</table>\n<p>AMZN is a potentially strong buy for anyone comfortable with its risk profile.</p>\n<p>And here's what investors buying AMZN today can reasonably expect as far as total returns are concerned.</p>\n<ul>\n <li>5-year consensus return potential range: 18% to 35% CAGR</li>\n</ul>\n<p>AMZN 2023 Consensus Total Return Potential (Using The Most Conservative Metric)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3caa57b1226a0fc30b132d34d01c01b\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>AMZN 2026 Consensus Total Return Potential (Using The Most Conservative Metric)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/258cec5540c56ae6304277f278329aea\" tg-width=\"640\" tg-height=\"393\" referrerpolicy=\"no-referrer\"><span>(Source: FAST Graphs, FactSet Research)</span></p>\n<p>For context, Cathie Wood at ARKK and private equity strive for 15% CAGR total returns over time.</p>\n<ul>\n <li>double your money every 5 years</li>\n</ul>\n<p>ARK Innovation ETF Valuation: 106x Earnings And Rising By The Day</p>\n<p><i>(Source: Morningstar)</i></p>\n<p>106x forward earnings for companies growing at 17.7% CAGR = 6.0 PEG.</p>\n<p>OCF PEG of 2.4 at ARKK.</p>\n<p>AMZN OCF PEG of 0.64.</p>\n<p>ARKK is paying 4x as much for growth as Amazon investors buying today.</p>\n<p>There is a 91% statistical probability that ARKK investors see terrible returns in the coming 10 to 20 years.</p>\n<p>Over the long-term analysts expect:</p>\n<ul>\n <li>0% yield + 37.2% growth = 37.2% CAGR total return potential</li>\n <li>21% to 50% CAGR range</li>\n <li>vs 7.9% S&amp;P 500 and 11.0% aristocrats and 16.5% Nasdaq</li>\n</ul>\n<p>AMZN has consistently delivered 26% to 27 CAGR long-term returns.</p>\n<p>The low end of the 26.7% to 38.1% CAGR growth consensus range.</p>\n<p>AMZN Vs S&amp;P 500 Vs Aristocrats Inflation-Adjusted Long-Term Return Forecast: $1,000 Initial Investment</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Time Frame (Years)</b></td>\n   <td><b>5.9% LT Inflation-Adjusted Returns (S&amp;P Consensus)</b></td>\n   <td><b>9.0% Inflation-Adjusted Returns (Aristocrat consensus)</b></td>\n   <td><b>24% Inflation-Adjusted Returns (AMZN historical return)</b></td>\n   <td><b>35.2% Inflation-Adjusted Returns (AMZN Consensus)</b></td>\n  </tr>\n  <tr>\n   <td>5</td>\n   <td>$1,331.93</td>\n   <td>$1,538.62</td>\n   <td>$2,931.63</td>\n   <td>$4,517.35</td>\n  </tr>\n  <tr>\n   <td>10</td>\n   <td>$1,774.02</td>\n   <td>$2,367.36</td>\n   <td>$8,594.43</td>\n   <td><b>$20,406.42</b></td>\n  </tr>\n  <tr>\n   <td>15</td>\n   <td>$2,362.87</td>\n   <td>$3,642.48</td>\n   <td><b>$25,195.63</b></td>\n   <td>$92,182.90</td>\n  </tr>\n  <tr>\n   <td>20</td>\n   <td>$3,147.16</td>\n   <td>$5,604.41</td>\n   <td>$73,864.15</td>\n   <td>$416,422.16</td>\n  </tr>\n  <tr>\n   <td>25</td>\n   <td>$4,191.79</td>\n   <td>$8,623.08</td>\n   <td>$216,541.99</td>\n   <td>$1,881,123.42</td>\n  </tr>\n  <tr>\n   <td>30</td>\n   <td>$5,583.14</td>\n   <td>$13,267.68</td>\n   <td>$634,819.93</td>\n   <td>$8,497,687.35</td>\n  </tr>\n  <tr>\n   <td>35</td>\n   <td>$7,436.33</td>\n   <td>$20,413.97</td>\n   <td>$1,861,054.03</td>\n   <td>$38,387,002.96</td>\n  </tr>\n  <tr>\n   <td>40</td>\n   <td>$9,904.63</td>\n   <td>$31,409.42</td>\n   <td>$5,455,912.62</td>\n   <td>$173,407,415.00</td>\n  </tr>\n  <tr>\n   <td>45</td>\n   <td>$13,192.23</td>\n   <td>$48,327.29</td>\n   <td>$15,994,690.19</td>\n   <td>$783,341,476.50</td>\n  </tr>\n  <tr>\n   <td>50</td>\n   <td>$17,571.06</td>\n   <td>$74,357.52</td>\n   <td>$46,890,434.61</td>\n   <td>$3,538,625,316.57</td>\n  </tr>\n </tbody>\n</table>\n<table>\n <tbody>\n  <tr>\n   <td><b>Time Frame (Years)</b></td>\n   <td><b>Ratio S&amp;P vs Aristocrat Consensus</b></td>\n   <td><b>Ratio S&amp;P vs AMZN Historical Return</b></td>\n   <td><p><b>Ratio S&amp;P vs AMZN Consensus</b></p></td>\n  </tr>\n  <tr>\n   <td>5</td>\n   <td>1.16</td>\n   <td>2.20</td>\n   <td>3.39</td>\n  </tr>\n  <tr>\n   <td>10</td>\n   <td>1.33</td>\n   <td>4.84</td>\n   <td><b>11.50</b></td>\n  </tr>\n  <tr>\n   <td>15</td>\n   <td>1.54</td>\n   <td><b>10.66</b></td>\n   <td>39.01</td>\n  </tr>\n  <tr>\n   <td>20</td>\n   <td>1.78</td>\n   <td>23.47</td>\n   <td>132.32</td>\n  </tr>\n  <tr>\n   <td>25</td>\n   <td>2.06</td>\n   <td>51.66</td>\n   <td>448.76</td>\n  </tr>\n  <tr>\n   <td>30</td>\n   <td>2.38</td>\n   <td>113.70</td>\n   <td>1522.03</td>\n  </tr>\n  <tr>\n   <td>35</td>\n   <td>2.75</td>\n   <td>250.27</td>\n   <td>5162.09</td>\n  </tr>\n  <tr>\n   <td>40</td>\n   <td>3.17</td>\n   <td>550.84</td>\n   <td>17507.71</td>\n  </tr>\n  <tr>\n   <td>45</td>\n   <td>3.66</td>\n   <td>1212.43</td>\n   <td>59379.01</td>\n  </tr>\n  <tr>\n   <td>50</td>\n   <td>4.23</td>\n   <td>2668.62</td>\n   <td>201389.38</td>\n  </tr>\n </tbody>\n</table>\n<p>Over the next 10 to 15 years, Amazon, if it grows as expected, it could deliver 10 to 12x the returns of the S&amp;P 500 and turn $1 into about $20 to $25, in inflation-adjusted terms.</p>\n<p>Risk Profile: Why Amazon Isn't Right For Everyone</p>\n<p>No company is right for everyone, and all have complex risk profiles that investors must understand and be comfortable with.</p>\n<p>Fundamental Risk Profile</p>\n<p><b>We believe that the uncertainty for Amazon is high and that despite being an e-commerce leader, the company faces a variety of risks.</b></p>\n<p>Amazon must protect its leading online retailing position, which can be challenging as consumer preferences change, especially post-COVID-19 (as consumers may revert back to prior behaviors), and traditional retailers bolster their online presence.</p>\n<p>Maintaining an e-commerce edge has pushed the company to make investments in non-traditional areas, such as producing content for its Prime Video subscriptions and building out its own transportation network.</p>\n<p>Similarly, the company must also maintain an attractive value proposition for its third-party sellers. Some of these investment areas have raised investor questions in the past, and we expect management to continue to invest according to its strategy, despite periodic margin pressure from increased spending.</p>\n<p>The company must also continue to invest in new offerings. AWS, transportation, and physical stores (both Amazon branded and Whole Foods) are three notable areas of investment. These decisions require capital allocation and management focus and may play out over a period of years rather than quarters.</p>\n<p><b>Continued international expansion will likely require similar investment and management attention but will also increase exposure to different regulatory environments.</b></p>\n<p>Some countries have instituted or may institute protectionist policies. Even domestically over the last several years, lawmakers from both parties have increasingly focused on the amount of market power large technology companies have accrued.</p>\n<p><b>Antitrust, data privacy, and section 230 have been repeatedly invoked.</b></p>\n<p>From an ESG perspective, data breaches and service outages are a concern for any type of cloud service provider. As a retailer, Amazon has personal information for hundreds of millions of consumers around the world, while AWS hosts proprietary mission critical data for enterprises.\" - Morningstar (emphasis added)</p>\n<ul>\n <li>regulatory/political risk (domestic and international)</li>\n <li>disruption risk from major tech competitors (like GOOG, FB, and MSFT)</li>\n <li>complex ESG risk (such as 150% annual turnover at fulfillment centers)</li>\n</ul>\n<p>Material Financial ESG Risk Analysis: How Large Institutions Measure Total Risk</p>\n<ul>\n <li>5 High-Yield ESG Blue-Chips For A Safe And Prosperous Retirement</li>\n</ul>\n<p>Here is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.</p>\n<p>The bottom line is that ESG is NOT about politics or personal ethical opinions.</p>\n<p>Among institutions that factor ESG into their safety models and ratings are:</p>\n<ul>\n <li>BlackRock</li>\n <li>MSCI</li>\n <li>Morningstar</li>\n <li>Reuters</li>\n <li>S&amp;P</li>\n <li>Fitch</li>\n <li>Moody's</li>\n <li>DBRS</li>\n <li>AM Best</li>\n <li>Bank of America</li>\n <li>Bloomberg</li>\n <li>FactSet Research</li>\n <li>Wells Fargo</li>\n <li>NAREIT</li>\n <li>State Street</li>\n <li>and many, many more</li>\n</ul>\n<p>Quality companies have always practiced ESG risk management long before it was popular among investors.</p>\n<blockquote>\n If you use\n <b>ESG scores that inherently tilts a portfolio to quality.</b>\" - NYU study\n <b>The overlap between ESG, especially measures related to the ‘G’ [or governance], and quality is pretty large.</b>” - Research AffiliatesCompanies with strong ESG profiles may be better positioned for future challenges and experience\n <b>fewer instances of bribery, corruption, and fraud.</b>\" - MSCI (Emphasis added)\n</blockquote>\n<p>Bank of America's research finds that ESG metrics also help improve the long-term profitability and outcomes at companies.</p>\n<blockquote>\n We find that companies with greater gender diversity at the board/management level typically see\n <b>higher ROE and lower earnings risk than peers.</b>Moreover, based on disclosure data from ICE, we find gender diversity in management is associated with a ~20% premium on P/E on an overall and sector-neutral basis.Ethnic and racial workforce diversity shows similarly strong results:\n <b>higher ROE, lower risk, and significant premia on P/E</b>and P/BV.\" - Bank of America (emphasis original)\n</blockquote>\n<p>Dividend Aristocrats Are Strong ESG Companies</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ba2655b83e526b8e213206a1ab9198b\" tg-width=\"640\" tg-height=\"378\" referrerpolicy=\"no-referrer\"><span>(Source: Morningstar)</span></p>\n<p><img src=\"https://static.tigerbbs.com/28a7f31cdc8acde82fce95672b754655\" tg-width=\"1170\" tg-height=\"666\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8bd8a315f9194c3b0d9bcec080ea0bfa\" tg-width=\"900\" tg-height=\"872\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b96207809e8a57c16c394e25bcfeb69f\" tg-width=\"902\" tg-height=\"814\" referrerpolicy=\"no-referrer\"></p>\n<p>Analyst firm McKinsey has done several studies on this topic and concluded that between 25% and 60% of cash flows are affected by ESG risk.</p>\n<p>It also did a meta-analysis of over 2,000 studies and found the ESG risk mitigation was 8X as likely to boost a company’s bottom line as hurt it.</p>\n<p>AMZN's ESG Risk Management Consensus</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Rating Agency</b></td>\n   <td><b>Industry Percentile</b></td>\n   <td><p><b>Rating Agency Classification</b></p></td>\n  </tr>\n  <tr>\n   <td>MSCI</td>\n   <td>62.0%</td>\n   <td>BBB Average</td>\n  </tr>\n  <tr>\n   <td>Morningstar/Sustainalytics</td>\n   <td>0.2%</td>\n   <td><p>30.9/100 High Risk</p></td>\n  </tr>\n  <tr>\n   <td>Reuters'/Refinitiv</td>\n   <td>98.9%</td>\n   <td>Excellent</td>\n  </tr>\n  <tr>\n   <td>S&amp;P</td>\n   <td>21.0%</td>\n   <td>Very Poor</td>\n  </tr>\n  <tr>\n   <td><b>Consensus</b></td>\n   <td><b>45.5%</b></td>\n   <td><b>Average</b></td>\n  </tr>\n </tbody>\n</table>\n<p><i>(Sources: Morningstar, Reuters'/Refinitiv)</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/383c86f90f296e1f90c7ee721055c42a\" tg-width=\"640\" tg-height=\"258\" referrerpolicy=\"no-referrer\"><span>(Source: FactSet Research Terminal)</span></p>\n<p><img src=\"https://static.tigerbbs.com/9a3948c69cba266c64b5a3b009bf8bf9\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/5734b4bb5a582aa664d93b28ff40ac08\" tg-width=\"640\" tg-height=\"288\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/add8dd4cf4f17241a15cf13b0f82bfd1\" tg-width=\"640\" tg-height=\"336\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/c6aee376fed18fa80819cb50999f4abc\" tg-width=\"640\" tg-height=\"171\" referrerpolicy=\"no-referrer\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6d01e14a5abc80d7e4def3b61dcc45fa\" tg-width=\"640\" tg-height=\"369\" referrerpolicy=\"no-referrer\"><span>(Source: Morningstar)</span></p>\n<ul>\n <li><p>0.2th percentile for its industry (472nd best out of 473 retailers)</p></li>\n <li><p>39th percentile among all rated companies (14,143)</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c8f0db304e0b3a9935543e509ab1121a\" tg-width=\"640\" tg-height=\"327\"><span>(Source: Reuters'/Refinitiv)</span></p>\n<ul>\n <li>an industry leader in all long-term risk management metrics</li>\n</ul>\n<p>How We Monitor AMZN's Risk Profile</p>\n<ul>\n <li>51 analysts</li>\n <li>3 credit rating agencies</li>\n <li>7 total risk rating agencies</li>\n <li>58 total experts who collectively know this business better than anyone other than management</li>\n</ul>\n<p>Rest assured that if Amazon's thesis weakens, strengthens, or shatters, we'll know about it and so DK members and my SA readers.</p>\n<p><b>Bottom Line: Amazon Is The Ultimate Rich Retirement Dream Stock</b></p>\n<p>My Real Money Phoenix Retirement Portfolio (Tracked Daily In Our Real Money Phoenix Portfolio Tool)</p>\n<p><img src=\"https://static.tigerbbs.com/b8d6d875cd0b73cdf40d8cc66404c656\" tg-width=\"640\" tg-height=\"249\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7ac05bb3c7d43680ed5fed99d03a08a2\" tg-width=\"640\" tg-height=\"147\"><span>(Source: Morningstar)</span></p>\n<p>Do you know what ETF or mutual fund offers a 3.5% very safe yield, with 15.5% growth and that's also 13% undervalued? All from a collection of blue-chips that matches the dividend aristocrats for quality and safety?</p>\n<p>None, because only through prudent stock picking and active management can you achieve fundamentals like this.</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n  <tr>\n   <td><b>DS Phoenix Portfolio Fundamentals</b></td>\n  </tr>\n  <tr>\n   <td><b>Yield</b></td>\n   <td><b>3.53%</b></td>\n  </tr>\n  <tr>\n   <td><b>LT Growth Forecast</b></td>\n   <td><b>15.51%</b></td>\n  </tr>\n  <tr>\n   <td>Discount To Fair Value</td>\n   <td>13%</td>\n  </tr>\n  <tr>\n   <td>5-Year Annual Valuation Boost</td>\n   <td>2.82%</td>\n  </tr>\n  <tr>\n   <td><b>5-Year Consensus Total Return Potential</b></td>\n   <td><b>21.86%</b></td>\n  </tr>\n  <tr>\n   <td><b>5-Year Risk-Adjusted Expected Total Return</b></td>\n   <td><b>15.98%</b></td>\n  </tr>\n  <tr>\n   <td><i><b>LT Consensus Total Return Potential</b></i></td>\n   <td><i><b>19.04%</b></i></td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500 5-Year Risk-Adjusted Expected Return</td>\n   <td>3.60%</td>\n  </tr>\n  <tr>\n   <td>DK Video Phoenix Risk-Adjusted Return/S&amp;P 500 Risk-Adjusted Expected Return</td>\n   <td>4.44</td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500 Consensus LT Total Return Potential</td>\n   <td>7.9%</td>\n  </tr>\n  <tr>\n   <td>Dividend Aristocrats Consensus LT Total Return Potential</td>\n   <td>11.0%</td>\n  </tr>\n  <tr>\n   <td>DS Phoenix LT Consensus Total Return Potential/S&amp;P 500 Consensus LT Total Return Potential</td>\n   <td>2.41</td>\n  </tr>\n  <tr>\n   <td>DS Phoenix LT Consensus Total Return Potential/Dividend Aristocrats Consensus LT Total Return Potential</td>\n   <td>1.73</td>\n  </tr>\n </tbody>\n</table>\n<p>Amazon is the heart of my 28% growth allocation, and by combining it with high-yield blue-chips, you can have your cake and eat it too.</p>\n<ul>\n <li>8 Safe Dividend Stocks Yielding Over 6%</li>\n</ul>\n<p>If you buy Amazon in equal amounts with something likeBritish American Tobacco(BTI), here is the synthetic company you create.</p>\n<ul>\n <li>4% safe yield growing about 4.3% over time</li>\n <li>growth consensus of 21% CAGR</li>\n <li>33% discount to fair value</li>\n</ul>\n<p>Does that sound like a good way to combine growth, value, and yield? I think so, and that's why I've invested nearly $350,000 into that specific combination so far.</p>\n<p>Amazon is very likely to eventually have to pay a dividend. That's not speculation, its simple math. Big institutional investors simply won't stand for a company amassing a $1+ trillion cash pile.</p>\n<p>That day may be far into the future, possibly 2030 or so.</p>\n<p>But whenever Amazon finally starts paying dividends and buying back stock by the boatload, doesn't matter.</p>\n<p>Long-term investors buying Amazon today for pure growth, quality, and attractive valuation, are likely to be rolling in safe, and exponentially growing income in the years and decades to come.</p>\n<p>While there are many great hyper-growth stocks to choose from, none offer Amazon's incredible combination of quality, safety, growth, valuation, and future dividend potential that can allow a single share to possibly fund a rich retirement.</p>\n<p>That's why I keep buying Amazon steadily, as long as its undervalued and its thesis remains intact.</p>\n<p>If a small position in Amazon today can lead to a rich retirement in a few decades, then imagine how golden our golden years will be, if we own a large position, constructed over many years, and through several market downturns.</p>\n<p>Because to quote Frasier Crane</p>\n<blockquote>\n If less is more, then imagine how much more, more is.\n</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons Amazon Could Quadruple Within 5 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons Amazon Could Quadruple Within 5 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437187-3-reasons-amazon-could-quadruple-within-5-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nImagine a company so wonderful, that a single share bought today, might be able to fund a rich retirement decades from now. Amazon is that company.\nAmazon's empire of businesses, including ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437187-3-reasons-amazon-could-quadruple-within-5-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4437187-3-reasons-amazon-could-quadruple-within-5-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102107523","content_text":"Summary\n\nImagine a company so wonderful, that a single share bought today, might be able to fund a rich retirement decades from now. Amazon is that company.\nAmazon's empire of businesses, including high margin AWS and advertising are expected to drive massive margin expansion leading to 33% annual free cash flow growth through 2026.\n$171 billion in annual free cash flow and $628 billion in cash on the balance sheet, means that Amazon will likely be forced by institutional investors to pay dividends.\nAmazon's 17% discount to fair value, and hyper-growth through 2026, means analysts think it could deliver 290% returns, nearly quadrupling your investment in five years.\nThose 26% CAGR consensus returns are what Amazon has delivered with incredible consistency for over 20 years. Combined with the potential to become the biggest dividend payer in history, Amazon is the ultimate rich retirement dream stock. That's why I've invested almost $250,000 into the best hyper-growth Ultra SWAN on earth, in all of my retirement portfolios. As long as Amazon remains undervalued, and the thesis intact, I'll keep buying my highest conviction recommendation of all time.\n\nAndrey Maximenko/iStock via Getty Images\nToday the market is highly overvalued, that's no secret.\n\nThat means that future returns are likely to be far lower than the 14% CAGR investors have enjoyed over the last decade.\nFor context, here's the return potential of the 32% overvalued S&P 500.\nS&P 500 2023 Consensus Total Return Potential\n(Source: FAST Graphs, FactSet Research)\nS&P 500 2026 Consensus Total Return Potential\n(Source: FAST Graphs, FactSet Research)\nEven the venerable dividend aristocrats, which historically outperform the S&P 500 by 2% annually, are only expected to deliver about 6% CAGR total returns over the next five years.\nBut fear not, because it's always a market of stocks and not a stock market.\nNo matter what kind of investor you are, yield, value, quality, low volatility, maximum returns, ESG, etc., something great is always on sale, if you know where to look.\nToday I wanted to highlight Amazon (AMZN), my highest conviction recommendation ever.\nNot only does Amazon represent a wonderful company at a wonderful price, but there are three reasons why the world's greatest hyper-growth Ultra SWAN could nearly quadruple in the next five years.\nThat's right, 26% CAGR consensus return potential, even with the market 32% overvalued.\nAmazon Total Returns Since 1998\n\n(Source: Portfolio Visualizer)\nThat's actually the returns Amazon investors have seen with clockwork-like regularity over the past 20 years.\nBut wait, it gets better. Not only does Amazon have the potential to deliver Buffett-line returns over the next five years, but it's also likely to become one of the greatest dividend growth blue-chips in the world. In fact, Amazon is eventually likely to become the biggest dividend payer in world history.\nSo here are the three reasons why I've invested almost $250,000 into Amazon across my retirement portfolios, on the way to eventually investing millions into what I call my \"Jeff Bezos retirement plan\".\nReason 1: Exceptional Quality And Safety\nMy motto is \"Safety and quality first, and prudent valuation and sound risk management always.\"\nThe Dividend King's overall quality scores factor in 188 fundamental metrics covering.\n\ndividend safety\nbalance sheet strength\nshort and long-term bankruptcy risk\naccounting and corporate fraud risk\nprofitability and business model\ngrowth consensus estimates\ncost of capital\nlong-term sustainability (ESG scores and trends from MSCI, Morningstar, S&P, FactSet, and Reuters'/Refinitiv)\nmanagement quality\ndividend friendly corporate culture/income dependability\nlong-term total returns (a Ben Graham sign of quality)\n\nIt actually includes over 1,000 metrics if you count everything factored in by nine rating agencies we use to assess fundamental risk.\nHow do we know that our safety and quality model works well?\nDuring the 2 worst recessions in 75 years, our safety model predicted 6 blue-chip dividend cuts on the Phoenix list.\nThere were 5, meaning we did very well during the ultimate baptism by fire for any dividend safety model.\nAnd then there's the confirmation that our quality ratings are very accurate.\nIn the past decade, just 42% of all stocks made money, including dividends.\n\n100% Of Phoenix Recs, Past And Present, Have Made Money Over The Last Decade\n(Seeking Alpha)\n\nDK Phoenix: A Great Blue-Chip Stock Picking System\n\n\n\nMetric\nUS Stocks\nPhoenix\n\n\nPositive Total Returns Over The Last 10 Years\n42%\n100%\n\n\nLost Money/Went Bankrupt\n47%\n0%\n\n\nOutperformed Market\n36%\n52%\n\n\nBankruptcies Over The Last 10 Years\n11%\n0%\n\n\nPermanent 70+% Catastrophic Decline\n40%\n0%\n\n\n\n(Sources: Morningstar, JPMorgan Asset Management, FactSet, Seeking Alpha)\nBasically, historical market data confirms that the DK safety and quality model is one of the most comprehensive and accurate in the world.\nPicking stocks is hard unless you have a comprehensive and accurate way of measuring risk, valuation, and long-term return potential, which DK Phoenix most certainly does.\nThis is why I entrust 100% of my life savings to this model and the DK Phoenix strategy.\nBalance Sheet Safety\n\n\n\nRating\nDividend Kings Safety Score (110 Safety Metric Model)\nApproximate Dividend Cut Risk (Average Recession)\nApproximate Dividend Cut Risk In Pandemic Level Recession\n\n\n1 (unsafe)\n0% to 20%\nover 4%\n16+%\n\n\n2 (below- average)\n21% to 40%\nover 2%\n8% to 16%\n\n\n3 (average)\n41% to 60%\n2%\n4% to 8%\n\n\n4 (safe)\n61% to 80%\n1%\n2% to 4%\n\n\n5 (very safe)\n81% to 100%\n0.5%\n1% to 2%\n\n\nAMZN\n88%\nA+ top AA credit ratings\n0.6% to 0.51% 30-year default/bankruptcy risk\n\n\n\nLong-Term Dependability\n\n\n\nCompany\nDK Long-Term Dependability Score\nInterpretation\nPoints\n\n\nS&P 500/Industry Average\n60%\nAverage Dependability\n2\n\n\nNon-Dependable Companies\n29% or below\nPoor Dependability\n1\n\n\nRelatively Dependable Companies\n29% to 64%\nBelow to Above-Average Dependability\n2\n\n\nVery Dependable Companies\n65% to 79%\nVery Dependable\n3\n\n\nExceptionally Dependable Companies\n80% or higher\nExceptional Dependability\n4\n\n\nAMZN\n80%\nExceptional Dependability\n4\n\n\n\nOverall Quality\n\n\n\nAMZN\nFinal Score\nRating\n\n\nSafety\n88%\n5/5\n\n\nBusiness Model\n80%\n3/3\n\n\nDependability\n80%\n4/4\n\n\nTotal\n83%\n12/12 Ultra SWAN\n\n\n\n(Source: DK Safety & Quality Tool) updated daily, sorted by overall quality\nThe DK 500 Master List includes the world's highest quality companies including:\n\nAll dividend champions\nAll dividend aristocrats\nAll dividend kings\nAll global aristocrats (such as BTI, ENB, and NVS)\nAll 12/12 Ultra Swans (as close to perfect quality as exists on Wall Street)\n\nAMZN: 123rd Highest Quality Master List Company (Out of 517) = 76th Percentile\n(Source: DK Safety & Quality Tool) updated daily, sorted by overall quality\nAMZN's 83% quality score means its similar in quality to such 11/12 Super Swans and 12/12 Ultra SWANs as:\n\nMerck (MRK)\nCardinal Health (CAH) - dividend aristocrat\nCostco (COST)\nGeneral Mills (GIS)\nNestle (OTCPK:NSRGY)\nMedtronic (MDT) - dividend aristocrat\nAtmos Energy (ATO) - dividend aristocrat\nBlackRock (BLK)\nAlphabet (GOOG)\nEnbridge (ENB) - global aristocrat\nAbbVie (ABBV) - dividend aristocrat\nBerkshire Hathaway (BRK.B)\n\nToday AMZN is of higher quality than 76% of the world's most elite companies.\nWhat makes Amazon so high quality?\nLet's start with its fortress balance sheet.\n(Source: GuruFocus Premium)\nAmazon's advanced accounting and solvency metrics all confirm almost zero short and long-term bankruptcy risk. They also confirm a significantly below 17.5% chance of accounting fraud.\nThese are numbers we can trust, and that's verified by not one, not two, but all three major credit rating agencies.\nAmazon Consensus Credit Rating\n\n\n\nRating Agency\nCredit Rating\n30-Year Default/Bankruptcy Risk\nChance of Losing 100% Of Your Investment 1 In\n\n\nS&P\nAA stable outlook\n0.51%\n196.1\n\n\nFitch\nAA- stable outlook\n0.55%\n181.8\n\n\nMoody's\nA1 (A+ equivalent) stable outlook\n0.67%\n149.3\n\n\nConsensus\nAA- stable outlook\n0.58%\n173.4\n\n\n\n(Sources: S&P, Fitch, Moody's)\nWarren Buffett defines fundamental risk as the probability of losing 100% of your investment, because of bankruptcy.\nJeff Bezos himself has said that his main goal is to push back Amazon's eventual bankruptcy for as long as possible.\nAccording to the rating agencies, he's done a masterful job of that, because the chance of Amazon going bankrupt over the next 30 years is 1 in 173.\nThe Bond Market Absolutely LOVES Amazon\n(Source: FactSet Research Terminal)\n\n$81 billion in liquidity\n1.96% average borrowing cost\n\"smart money\" on Wall Street, bond investors, are willing to lend to Amazon for 40 years at under 3%\nbetter terms than even the US treasury can get\n\nBut wait, it gets better.\nAMZN Balance Sheet Consensus Forecast\n\n\n\nYear\nDebt/EBITDA (3.0 Or Less Safe According To Rating Agencies)\nNet Debt/EBITDA\nInterest Coverage (8+ Safe)\n\n\n2020\n0.56\n-0.09\n13.90\n\n\n2021\n0.42\n-0.90\n21.00\n\n\n2022\n0.33\n-1.21\n27.63\n\n\n2023\n0.27\n-1.52\n37.61\n\n\n2024\n0.21\n-1.97\n47.99\n\n\n2025\n0.17\n-2.14\n58.03\n\n\n2026\n0.14\n-2.24\n79.57\n\n\n\n(Source: FactSet Research Terminal)\n\n$501 billion consensus net cash by 2026\n\nLeverage Safety Credit Rating Guidelines For Most Companies\n\n\n\nCredit Rating\nSafe Debt/EBITDA For Most Companies\n30-Year Default/Bankruptcy Risk\n\n\nBBB\n3.0 or less\n7.50%\n\n\nA-\n2.5 or less\n2.50%\n\n\nA\n2.0 or less\n0.66%\n\n\nA+\n1.8 or less\n0.60%\n\n\nAA\n1.5 or less\n0.51%\n\n\nAAA\n1.1 or less\n0.07%\n\n\n\n\nS&P recently upgraded AMZN from AA- to AA\nthe company is on track to join JNJ and MSFT as the only AAA-rated companies in America\n\nWithin a few years, Amazon could have three AAA-stable credit ratings, tying Microsoft (MSFT) for the strongest balance sheet in corporate America (JNJ has an AAA-negative outlook from Moody's).\nBut quality only begins with a strong balance sheet and low fundamental risk.\n\nWe assign Amazon an Exemplary Capital Allocation rating.\n\n\n The rating reflects our assessments of a sound balance sheet, exceptional investments, and appropriate shareholder distributions...\n\n\nManagement’s track record of investing in areas that investors were initially skeptical of but were ultimately vindicated has been remarkable...The results have been breathtaking.\n\n\n From humble beginnings, Mr. Bezos has built Amazon into one of the largest companies in the world. On the e-commerce side, the company has evolved from selling books to selling everything, including groceries, delivering purchases the same day they are ordered, and moving into retail categories that were long thought to be beyond the reach of online shopping.\n\n\n The stickiness of Prime members, the financial stability of subscriptions, the tech world shakeup via AWS, the Kindle—the innovation has been dramatic, and shareholders have been rewarded along the way. Ultimately,\n we assess investment as exceptional.\n\n\n Amazon’s capital deployment strategy centers around re-investing in the business and making generally small tuck-in acquisitions.\n The company does not pay a dividend or repurchase shares, nor do we expect them to over the next several years.\"- Morningstar (emphasis added)\n\nI define management quality by long-term capital allocation, as measured by profitability vs peers, as well as the dividend track record (for dividend stocks), and long-term total returns. And on that front, I agree with Morningstar 100% that Amazon has exceptional management quality.\n(Source: GuruFocus Premium)\nAmazon's profitability is historically in the top 20% of peers, confirming the wide and stable moat.\n\nAnd like Morningstar, I expect Amazon to keep plowing its rivers of profits back into more growth. When you're generating 19% cash returns on invested capital the best thing to do is slam the growth pedal to the floor.\nAnd that's exactly what analysts expect Amazon to do.\nAMZN Growth Spending Consensus Forecast\n\n\n\nYear\nSG&A\nR&D\nCapex\nTotal Growth Spending\nSales\nGrowth Spending/Sales\n\n\n2020\n$28,677\n$37,677\n$35,046\n$72,723\n$386,064\n18.84%\n\n\n2021\n$34,316\n$54,529\n$38,722\n$93,251\n$489,008\n19.07%\n\n\n2022\n$41,429\n$60,706\n$39,328\n$100,034\n$580,286\n17.24%\n\n\n2023\n$48,702\n$66,794\n$39,666\n$106,460\n$675,490\n15.76%\n\n\n2024\n$50,575\n$75,326\n$45,823\n$121,149\n$771,718\n15.70%\n\n\n2025\n$55,270\n$81,758\n$47,416\n$129,174\n$870,208\n14.84%\n\n\n2026\n$60,083\n$88,553\n$49,390\n$137,943\n$1,010,120\n13.66%\n\n\nAnnualized Growth\n13.12%\n15.31%\n5.88%\n11.26%\n17.39%\n-5.77%\n\n\n\n(Source: FactSet Research Terminal)\n\nAmazon's hiring binge, which has seen its workforce grow 37% CAGR since 1994, is expected to continue.\nWithin a few years, Amazon is likely to surpass Walmart as the largest private employer in America.\nEventually, it could surpass the Federal Government as the largest employer in America, and one day Amazon could even be the largest employer on earth.\nR&D spending is expected to reach almost $90 billion by 2026. Amazon is already the #1 company on earth when it comes to investing in innovation and new products. And that R&D spending is expected to double within 5 years.\nGrowth capex is expected to reach nearly $50 billion by 2026, as Amazon continues maximizing its logistical capabilities. For context, today Amazon has 57 fulfillment centers... in Philadelphia alone!\nAmazon has 77 planes in its Amazon Air businesses and soon it will have85.\nIn 2021 Amazon is expected to open a $1.5 billion air hub in Kentucky. For most companies, a $1.5 billion investment would be a huge deal. For Amazon, it's about 5% of its consensus 2021 capex.\nIn 2019 Amazon had 60,000 trucks delivering its packages, and the company hasordered 100,000 electric trucks, which would nearly triple its delivery fleet, already one of the largest on earth.\nGlobally, Amazon is making inroads into dozens of countries, including India where Bezos says the goal is to create over 1 million direct and indirect jobs by 2025 alone.\nThere are few companies on earth as capital intensive as Amazon is today. And yet its returns on capital are still industry-leading and improving rapidly.\nAMZN TTM Profitability Vs Peers\n\n\n\nMetric\nIndustry Percentile\nMajor Cyclical Retailers More Profitable Than AMZN (Out of 1058)\n\n\nOperating Margin\n66.48\n355\n\n\nNet Margin\n76.16\n252\n\n\nReturn On Equity\n90.94\n96\n\n\nReturn On Assets\n85.77\n151\n\n\nReturn On Capital\n75.61\n258\n\n\nAverage\n78.99\n222\n\n\n\n(Source: GuruFocus Premium)\n(Source: GuruFocus Premium)\nROC = Joel Greenblatt's gold standard proxy for quality and moatiness.\nEarnings before interest and taxes/all the money it takes to run the business.\nhistorically ROC about 2X that of its peers.\n\n\n\nDividend Kings Watchlist\nAverage ROC\n\n\nS&P 500\n13%\n\n\nDividend Champions\n83%\n\n\nDividend Aristocrats\n85%\n\n\nDividend Kings\n87%\n\n\nStrong ESG\n83%\n\n\nUltra SWANs\n87%\n\n\nLow Volatility\n87%\n\n\nDK 500 Master List\n106%\n\n\nForeign Dividend Stocks\n125%\n\n\nHyper-Growth\n154%\n\n\n\nYou'd think that all that growth spending would cause profit margins to shrink, but Amazon's economies of scale are so large, that profitability is expected to explode in the coming years.\nAMZN Profit Margin Consensus Forecast\n\n\n\nYear\nFCF Margin\nEBITDA Margin\nEBIT (Operating) Margin\nNet Margin\n\n\n2020\n8.0%\n14.8%\n5.9%\n5.5%\n\n\n2021\n7.7%\n15.4%\n7.0%\n5.8%\n\n\n2022\n10.2%\n16.2%\n8.1%\n6.6%\n\n\n2023\n11.7%\n17.1%\n9.6%\n7.8%\n\n\n2024\n14.2%\n19.1%\n11.0%\n9.1%\n\n\n2025\n16.1%\n20.7%\n12.1%\n10.6%\n\n\n2026\n17.0%\n22.2%\n14.7%\n12.3%\n\n\nAnnualized Growth\n13.26%\n6.92%\n16.27%\n14.20%\n\n\n\n(Source: FactSet Research Terminal)\nFCF margins are expected to more than double. Operating margins are expected to nearly triple.\nAmazon's 2026 consensus ROC is 60% to 68%, which is 8x its industry peers and 5x that of the S&P 500.\nWhat on earth can have analysts so bullish about Amazon's profitability prospects?\nAmazon Web Services Consensus Profitability Forecast\n\n\n\nYear\nAWS Consensus Sales\nAWS Consensus Operating Income\nAWS Consensus EBITDA\nAWS Consensus Operating Margin\nAWS Consensus EBITDA Margin\n\n\n2020\n$45,370\n$13,531\n$29,063\n29.82%\n64.06%\n\n\n2021\n$58,450\n$17,450\n$35,900\n29.85%\n61.42%\n\n\n2022\n$72,988\n$22,285\n$41,969\n30.53%\n57.50%\n\n\n2023\n$91,683\n$28,743\n$49,991\n31.35%\n54.53%\n\n\n2024\n$110,174\n$39,370\n$58,906\n35.73%\n53.47%\n\n\n2025\n$131,980\n$50,362\nNA\n38.16%\nNA\n\n\n2026\n$151,749\n$63,982\nNA\n42.16%\nNA\n\n\nAnnualized Growth\n22.29%\n29.56%\n19.32%\n5.94%\n-4.42%\n\n\n\n(Source: FactSet Research Terminal)\nAmazon Web Services is the largest cloud computing provider on earth, and those sales are expected to grow at over 22% annually through 2026.\nIf AWS were its own business in 2021, it would be ranked #53 on the Fortune 500, larger than Boeing.\n\nBy 2026, AWS's $152 billion in sales, would make it #15 on the Fortune 500.\nOperating margins at AWS are expected to increase by 40% in the next five years. And that's despite Amazon steadily reducing cloud computing prices as it has more than 70 times already.\nBut there is an even better business Amazon runs, with 70% operating margins according to analyst firm Piper Jaffray.\nAmazon Advertising Consensus Growth Forecast\n\n\n\nYear\nAdvertising Revenue\nTotal Sales\nAdvertising As % Of Sales\n\n\n2020\n$15,730\n$386,064\n4.07%\n\n\n2021\n$25,862\n$489,008\n5.29%\n\n\n2022\n$33,809\n$580,286\n5.83%\n\n\n2023\n$49,722\n$675,490\n7.36%\n\n\nAnnualized Growth\n46.76%\n17.39%\n21.79%\n\n\n\n(Source: FactSet Research Terminal)\nThe Wall Street Journal estimates Amazon generated $16 billion in ad revenue in 2020, #3 in the world behind Alphabet (GOOG) and Facebook (FB). That's 77% growth in advertising revenue in 2020, a terrible year for the advertising industry.\nThat ad business is expected to grow like a weed, more than tripling by 2023 alone.\nIn fact, by 2023, about 1/15th of Amazon's revenue is expected to be from digital ads.\n\nIn 2020 Amazon had 10.3% of the digital ad market, up from 7.8% the year before.\n\neMarketer estimates Amazon is already #2 in search ad spending revenue.\n\n This year, Amazon will control 76.2% of the nearly $24 billion e-commerce channel ad market. For comparison, No. 2 Walmart will capture just 6.5% of the market.\" - eMarketer\n\nAWS + Advertising Consensus Growth Forecast\n\n\n\nYear\nAdvertising Revenue\nAWS Revenue\nAWS + Advertising Revenue\nTotal Sales\nAWS + Advertising/Sales\n\n\n2020\n$15,730\n$45,370\n$61,100\n$386,064\n15.83%\n\n\n2021\n$25,862\n$58,450\n$84,312\n$489,008\n17.24%\n\n\n2022\n$33,809\n$72,988\n$106,797\n$580,286\n18.40%\n\n\n2023\n$49,722\n$91,683\n$141,405\n$675,490\n20.93%\n\n\nAnnualized Growth\n46.76%\n22.29%\n32.27%\n17.39%\n9.77%\n\n\n\n(Source: FactSet Research Terminal)\nAdvertising and AWS are the most lucrative parts of its business and those are expected to grow at 32% annually through 2023, and makeup 1/5th of company sales.\nAnd those sales are themselves growing at incredible rates, thanks to Amazon's other businesses.\n\n\n\nYear\nOnline Stores\nPhysical Stores\n3rd Party Sellers\nSubscription Services\nAWS\nAdvertising\nOther\n\n\n2020\n$197,349\n$16,224\n$80,437\n$25,207\n$45,370\n$15,730\n$21,477\n\n\n2021\n$247,062\n$16,271\n$105,072\n$32,067\n$58,450\n$25,862\n$32,329\n\n\n2022\n$291,435\n$16,818\n$128,177\n$38,992\n$72,988\n$33,809\n$42,937\n\n\n2023\n$307,114\n$17,128\n$155,835\n$44,961\n$91,683\n$49,722\n$52,000\n\n\n2024\n$318,497\n$16,750\n$169,642\n$52,868\n$110,174\nNA\n$63,637\n\n\n2025\n$473,794\n$19,738\n$189,999\n$58,948\n$131,980\nNA\n$67,563\n\n\n2026\nNA\nNA\nNA\nNA\n$151,749\nNA\nNA\n\n\nAnnual Growth\n19.14%\n4.00%\n18.76%\n18.52%\n22.29%\n46.76%\n25.76%\n\n\n\n(Source: FactSet Research Terminal)\nWhat's included in Amazon's \"other\" businesses, which are expected to generate almost $68 billion in sales by 2025?\nAmazon is an empire with\n\n over 40 subsidiaries, including Audible, Diapers.com, Goodreads, IMDb, Kiva Systems (now Amazon Robotics), Shopbop, TeachStreet, Twitch, and Zappos. -Wikipedia\n\nThat motley collection of companies is growing at 25% and by 2026 would be #46 on the Fortune 500.\nThe bottom line is Amazon is a glorious empire that combines into one of the world's highest quality and fundamentally safest companies.\nIt's also one of the fastest-growing.\nReason 2: Long-Term Growth Potential To Make Grown Men Weep With Joy\nWhat does 17% organic revenue growth combined with extreme multiple expansion get you?\nAMZN Profit Growth Consensus Forecast\n\n\n\nYear\nSales\nFCF\nEBITDA\nEBIT (Operating Income)\nNet Income\n\n\n2020\n$386,064\n$31,018\n$57,284\n$22,899\n$21,331\n\n\n2021\n$489,008\n$37,694\n$75,241\n$34,341\n$28,601\n\n\n2022\n$580,286\n$59,368\n$94,093\n$46,944\n$38,122\n\n\n2023\n$675,490\n$79,188\n$115,214\n$64,923\n$52,538\n\n\n2024\n$771,718\n$109,720\n$147,249\n$84,987\n$70,026\n\n\n2025\n$870,208\n$140,055\n$180,369\n$105,028\n$92,641\n\n\n2026\n$1,010,120\n$171,309\n$223,941\n$148,007\n$123,781\n\n\nAnnualized Growth\n17.39%\n32.95%\n25.51%\n36.48%\n34.05%\n\n\n\n(Source: FactSet Research Terminal)\nHow about 33% CAGR FCF growth and 34% CAGR profit growth?\nWorried about higher corporate taxes in 2022? Jeff Bezos isn't and analysts are already baking that into their consensus estimates.\nAMZN Tax Consensus Forecast\n\n\n\nYear\nOperating Income\nTax Costs\nTax Rate\n\n\n2020\n$22,899\n$2,863\n12.50%\n\n\n2021\n$34,341\n$6,588\n19.18%\n\n\n2022\n$46,944\n$8,364\n17.82%\n\n\n2023\n$64,923\n$11,723\n18.06%\n\n\n2024\n$84,987\n$15,707\n18.48%\n\n\n2025\n$105,028\n$19,933\n18.98%\n\n\n2026\n$148,007\n$25,665\n17.34%\n\n\nAnnualized Growth\n36.48%\n44.13%\n5.60%\n\n\n\n(Source: FactSet Research Terminal)\nAmazon's extreme growth spending is expected to keep its tax rate far below the 25% or so that most analysts now expect beyond 2021.\nThat still means a $26 billion tax bill in 2026. Gone forever are the days of Amazon paying no taxes. But by 2026 Amazon is expected to become the largest single corporate taxpayer in the world, likely neutralizing claims that its \"not paying its fair share\".\nHow much should investors fear taxes? Not much, because look at the growth estimates for Amazon for the next few years.\nAmazon's Medium-Term Growth Consensus\n\n\n\nMetric\n2021 Growth Consensus\n2022 Growth Consensus\n2023 Growth Consensus\n2024 Growth Consensus\n2025 Growth Consensus\n2026 Growth Consensus\n\n\nSales\n27%\n19%\n16%\n14%\n13%\n16%\n\n\nEarnings\n33%\n30%\n31%\n35%\n31%\n32%\n\n\nOwner Earnings (Buffett smoothed out FCF)\n-13%\nNA\nNA\nNA\nNA\nNA\n\n\nOperating Cash Flow\n14%\n20%\n17%\n43%\n19%\n16%\n\n\nFree Cash Flow\n26%\n57%\n23%\n54%\n26%\n21%\n\n\nEBITDA\n91%\n23%\n22%\nNA\nNA\nNA\n\n\nEBIT (Operating Income)\n44%\n38%\n32%\nNA\nNA\nNA\n\n\n\n(Source: FAST Graphs, FactSet Research Terminal)\nThose are mind-blowing growth rates for any company, much less the 2nd largest by revenue in the world.\nAnd those hyper-growth rates are coming off one of Amazon's best years ever.\nAmazon Was A Big Pandemic Winner\n\n\n\nMetric\n2020 Growth Results\n\n\nSales\n38%\n\n\nEarnings\n82%\n\n\nOwner Earnings (Buffett smoothed out FCF)\n145%\n\n\nOperating Cash Flow\n70%\n\n\nFree Cash Flow\n18%\n\n\nEBITDA\n28%\n\n\nEBIT (Operating Income)\n53%\n\n\n\n(Source: FAST Graphs, FactSet Research Terminal)\nBut what about beyond 2026?\n(Source: FactSet Research Terminal)\nGrowth consensus range: 26.7% to 38.1% CAGR\n\nThe historical margin of error, smoothing for outliers is 20% to the downside, 30% to the upside.\nThe historical margin-of-error adjusted growth consensus range is 21% to 50% CAGR.\n(Source: FAST Graphs, FactSet Research)\nAmazon's growth consensus means analysts expect the growth rate of the last two decades to continue, courtesy of margin expansion.\nWhy Amazon Is Likely To Eventually Become The Biggest Dividend Payer In World History\nToday Amazon doesn't pay a dividend. Morningstar and analysts don't expect it to through at least 2026.\n(Source: FactSet Research Terminal)\nBut guess what? Simple math tells us that one day if Amazon grows as analysts expect, it will almost have no alternative than massive buybacks and dividends that put Apple's (AAPL) to shame.\n(Source: FactSet Research Terminal)\n\n2026 consensus cash pile of $628 billion\n$501 billion net cash\nApple began its capital returns at $250 billion\n\n(Source: Apple)\nApple has so far returned $551 billion in cash to investors. By 2026 Amazon's cash pile is expected to be $77 billion larger than that mind-blowing sum.\nAMZN Potential Dividend Consensus Forecast\n\n\n\nYear\nFCF/Share Consensus\nDividend Per Share (50% Payout Ratio)\nYield On Today's Cost\nConsensus Yield Potential\nAnalyst Consensus Fair Value Price\n\n\n2020\n$60.82\n$30.41\n0.87%\nNA\nNA\n\n\n2021\n$71.13\n$35.57\n1.02%\n0.84%\n$4,243.20\n\n\n2022\n$99.74\n$49.87\n1.42%\n0.88%\n$5,643.44\n\n\n2023\n$133.27\n$66.64\n1.90%\n0.98%\n$6,770.26\n\n\n2024\n$205.74\n$102.87\n2.94%\n1.08%\n$9,516.45\n\n\n2025\n$259.57\n$129.79\n3.70%\n1.12%\n$11,567.10\n\n\n2026\n$313.89\n$156.95\n4.48%\n1.15%\n$13,655.48\n\n\nAnnualized Growth\n31.46%\n31.46%\n31.46%\n6.52%\n26.33%\n\n\n\n(Source: FactSet Research Terminal)\nAmazon yielding 1% would be similar to Apple, Microsoft, Visa (V), and Mastercard (MA) today.\nAnd guess what? If Amazon paid a 50% FCF dividend, then it would still see its cash position grow by almost $200 billion in the next five years.\nAMZN Potential Dividend/Retained Cash Flow Consensus\n\n\n\nYear\nDividend Consensus\nFCF/Share Consensus\nPayout Ratio\nRetained FCF\nBuyback Potential\nDebt Repayment Potential\n\n\n2021\n$35.57\n$71.13\n50.0%\n$17,925\n1.01%\n56.1%\n\n\n2022\n$49.87\n$99.74\n50.0%\n$25,134\n1.42%\n79.8%\n\n\n2023\n$66.64\n$133.27\n50.0%\n$33,584\n1.90%\n107.3%\n\n\n2024\n$102.87\n$205.74\n50.0%\n$51,846\n2.93%\n167.8%\n\n\n2025\n$129.79\n$259.57\n50.0%\n$65,412\n3.70%\n214.6%\n\n\n2026\n$156.95\n$313.89\n50.0%\n$79,100\n4.48%\n259.5%\n\n\nTotal 2021 Through 2026\n$541.67\n$1,083.34\n50.0%\n$193,901.40\n10.97%\n606.42%\n\n\n\n(Source: FactSet Research Terminal)\nIf Amazon began paying out 100% of FCF as buybacks and dividends starting in 2022, then by 2026 its cash pile would be \"just\" $85.5 billion.\nHow does a 32% growing dividend with a 1% starting yield, and 2% annual buybacks sound?\nLike $79 billion in annual dividends to all investors, and $8.0 billion to Jeff Bezos personally, by 2026.\nBezos spends billions each year on Blue Origin (his rocket company) and philanthropy.\nIn fact, if Amazon were to pay a 1% dividend this year, that's $1.8 billion to Bezos (and $17.9 billion to the rest of us), pretty much ensuring he never has to sell a single share ever again.\nWould paying those dividends harm Amazon's growth efforts? Not at all. Free cash flow is what's left over after running the business and investing in future growth.\n$171 billion in FCF that analysts expect in 2026 is AFTER $138 billion in growth spending.\nWithin a few years, big institutions will likely insist that Amazon do something with its historic mountain of cash.\n(Source: GuruFocus Premium)\n63% of Amazon is owned by institutional investors, including 12% Vanguard and BlackRock alone. For context, Jeff Bezos owns 10.1% of the company.\nCollecting cash for its own sake is not prudent capital allocation, which is why these big institutions forced Apple to start buying back stock and paying dividends in 2012.\nAnd that's likely to happen eventually with Amazon.\nIf Amazon Keeps Growing FCF At 33% CAGR Through 2030\n\n\n\nYear\nFCF\nCash On The Balance Sheet ($ Millions)\n\n\n2026\n$171,309\n$627,910\n\n\n2027\n$227,755\n$855,665\n\n\n2028\n$302,801\n$1,158,466\n\n\n2029\n$402,574\n$1,561,040\n\n\n2030\n$535,221\n$2,096,261\n\n\n\nEven if Amazon's FCF growth rate slows significantly in 2027, by 2030 it will likely have $1+ trillion in cash, barring massive buybacks and dividends.\nWhat kind of income could Amazon eventually generate? Sufficient for a single share to potentially fund a rich retirement if your time horizon is long enough.\nAmazon Potential Inflation-Adjusted Future Dividends Per Share\n\n\n\nYear\nAMZN Dividend Per Share (10% CAGR Growth)\nAMZN Dividend Per Share (12.5% CAGR Growth)\nAMZN Dividend Per Share (15% CAGR Growth)\nAMZN Dividend Per Share (17.5% CAGR Growth)\nAMZN Dividend Per Share (20% CAGR Growth)\n\n\n2021\n$35.57\n$35.57\n$35.57\n$35.57\n$35.57\n\n\n2026\n$52.26\n$58.59\n$65.53\n$73.10\n$81.36\n\n\n2031\n$76.78\n$96.53\n$120.73\n$150.26\n$186.14\n\n\n2036\n$112.82\n$159.02\n$222.43\n$308.85\n$425.85\n\n\n2041\n$165.77\n$261.98\n$409.82\n$634.84\n$974.23\n\n\n2046\n$243.57\n$431.60\n$755.06\n$1,304.89\n$2,228.81\n\n\n2051\n$357.88\n$711.04\n$1,391.16\n$2,682.15\n$5,098.98\n\n\n2056\n$525.84\n$1,171.39\n$2,563.12\n$5,513.05\n$11,665.22\n\n\n2061\n$772.63\n$1,929.81\n$4,722.38\n$11,331.89\n$26,687.21\n\n\n2066\n$1,135.25\n$3,179.25\n$8,700.67\n$23,292.29\n$61,053.86\n\n\n2071\n$1,668.06\n$5,237.65\n$16,030.42\n$47,876.46\n$139,676.45\n\n\n\nA single share of Amazon could, with a long enough time frame, fund a comfortable retirement, with dividends alone.\nFor context, the average social security benefit in 2021 is $1,543 per month = $18,516.\nA modest position in Amazon of 14 shares today, under my base case (15% future dividend growth) scenario will equal social security payments within 30 years, adjusted for inflation.\nI own over 73 shares of Amazon and counting which means $1.2 million in potential inflation-adjusted annual dividends in 50 years. This is my Jeff Bezos retirement plan.\nReason 3: A Wonderful Company At A Wonderful Price And The Potential For 290% Returns In The Next 5 Years\nWith Amazon near its all-time highs, many investors think it must be overvalued. However, its actually 17% undervalued.\n(Source: FAST Graphs, FactSet Research)\n\nbillions of investors over 20 years have concluded 24 to 26x cash flow is fair value for Amazon\n91% statistical probability this is a reasonable estimate of intrinsic value\n\n(Source: FactSet Research Terminal)\n\n23.9x forward cash flow = 0.64 PEG = hyper-growth at a very attractive price\n24.2 EV/EBITDA vs 34.8 13-year median = AMZN potentially 30% undervalued\n\n\n\n\nMetric\nHistorical Fair Value Multiple (13-years)\n2021\n2022\n2023\n2024\n2025\n2026\n\n\nOwner Earnings (Buffett Smoothed Out FCF)\n26.10\n$4,210.22\nNA\nNA\nNA\nNA\nNA\n\n\nOperating Cash Flow\n25.10\n$3,714.47\n$4,456.98\n$5,210.94\n$7,885.17\n$9,359.29\n$10,889.13\n\n\nFree Cash Flow\n58.32\n$3,748.49\n$5,880.49\n$7,213.57\n$11,998.76\n$15,138.12\n$18,306.06\n\n\nEBITDA\n39.96\n$5,911.02\n$7,290.23\n$8,882.35\nNA\nNA\nNA\n\n\nAverage\n$4,243.20\n$5,643.44\n$6,770.26\n$9,516.45\n$11,567.10\n$13,655.48\n\n\nCurrent Price\n$3,503.82\n\n\nDiscount To Fair Value\n17.43%\n37.91%\n48.25%\n63.18%\n69.71%\n74.34%\n\n\nUpside To Fair Value\n21.10%\n61.07%\n93.23%\n171.60%\n230.13%\n289.73%\n\n\n\n\n290% consensus return potential over the next five years\n$13,655 consensus price in 2026\n$6.6 trillion market cap (assuming no buybacks)\n6.6x sales\n26% CAGR consensus return potential\n\n\n\n\nMorningstar Fair Value\n\n\n$4,200.00\n\n\nDiscount To MS FV Estimate\n\n\n16.58%\n\n\nUpside To MS FV\n\n\n19.87%\n\n\n\n\n\n\nAnalyst Median 12-Month Price Target\n\n\n$4,249.17\n\n\nDiscount To Price Target\n\n\n17.54%\n\n\nUpside To Price Target\n\n\n21.27%\n\n\n\nBasically, all the experts agree, AMZN is modestly undervalued, with significantly short-term upside potential, 100% justified by some of the best fundamentals on Wall Street.\n\n\n\nRating\nMargin Of Safety For 12/12 Ultra SWAN Quality Companies\n2020 Price\n2021 Price\n2022 Price\n\n\nPotentially Reasonable Buy\n0%\n$3,409.22\n$4,243.20\n$5,643.44\n\n\nPotentially Good Buy\n5%\n$3,238.76\n$4,031.04\n$5,361.27\n\n\nPotentially Strong Buy\n15%\n$2,897.84\n$3,606.72\n$4,796.92\n\n\nPotentially Very Strong Buy\n25%\n$2,429.07\n$3,182.40\n$4,232.58\n\n\nPotentially Ultra-Value Buy\n35%\n$2,216.00\n$2,758.08\n$3,668.23\n\n\nCurrently\n$3,503.82\n-2.77%\n17.43%\n37.91%\n\n\nUpside To Fair Value (Not Including Dividends)\n-2.70%\n21.10%\n61.07%\n\n\n\nAMZN is a potentially strong buy for anyone comfortable with its risk profile.\nAnd here's what investors buying AMZN today can reasonably expect as far as total returns are concerned.\n\n5-year consensus return potential range: 18% to 35% CAGR\n\nAMZN 2023 Consensus Total Return Potential (Using The Most Conservative Metric)\n(Source: FAST Graphs, FactSet Research)\nAMZN 2026 Consensus Total Return Potential (Using The Most Conservative Metric)\n(Source: FAST Graphs, FactSet Research)\nFor context, Cathie Wood at ARKK and private equity strive for 15% CAGR total returns over time.\n\ndouble your money every 5 years\n\nARK Innovation ETF Valuation: 106x Earnings And Rising By The Day\n(Source: Morningstar)\n106x forward earnings for companies growing at 17.7% CAGR = 6.0 PEG.\nOCF PEG of 2.4 at ARKK.\nAMZN OCF PEG of 0.64.\nARKK is paying 4x as much for growth as Amazon investors buying today.\nThere is a 91% statistical probability that ARKK investors see terrible returns in the coming 10 to 20 years.\nOver the long-term analysts expect:\n\n0% yield + 37.2% growth = 37.2% CAGR total return potential\n21% to 50% CAGR range\nvs 7.9% S&P 500 and 11.0% aristocrats and 16.5% Nasdaq\n\nAMZN has consistently delivered 26% to 27 CAGR long-term returns.\nThe low end of the 26.7% to 38.1% CAGR growth consensus range.\nAMZN Vs S&P 500 Vs Aristocrats Inflation-Adjusted Long-Term Return Forecast: $1,000 Initial Investment\n\n\n\nTime Frame (Years)\n5.9% LT Inflation-Adjusted Returns (S&P Consensus)\n9.0% Inflation-Adjusted Returns (Aristocrat consensus)\n24% Inflation-Adjusted Returns (AMZN historical return)\n35.2% Inflation-Adjusted Returns (AMZN Consensus)\n\n\n5\n$1,331.93\n$1,538.62\n$2,931.63\n$4,517.35\n\n\n10\n$1,774.02\n$2,367.36\n$8,594.43\n$20,406.42\n\n\n15\n$2,362.87\n$3,642.48\n$25,195.63\n$92,182.90\n\n\n20\n$3,147.16\n$5,604.41\n$73,864.15\n$416,422.16\n\n\n25\n$4,191.79\n$8,623.08\n$216,541.99\n$1,881,123.42\n\n\n30\n$5,583.14\n$13,267.68\n$634,819.93\n$8,497,687.35\n\n\n35\n$7,436.33\n$20,413.97\n$1,861,054.03\n$38,387,002.96\n\n\n40\n$9,904.63\n$31,409.42\n$5,455,912.62\n$173,407,415.00\n\n\n45\n$13,192.23\n$48,327.29\n$15,994,690.19\n$783,341,476.50\n\n\n50\n$17,571.06\n$74,357.52\n$46,890,434.61\n$3,538,625,316.57\n\n\n\n\n\n\nTime Frame (Years)\nRatio S&P vs Aristocrat Consensus\nRatio S&P vs AMZN Historical Return\nRatio S&P vs AMZN Consensus\n\n\n5\n1.16\n2.20\n3.39\n\n\n10\n1.33\n4.84\n11.50\n\n\n15\n1.54\n10.66\n39.01\n\n\n20\n1.78\n23.47\n132.32\n\n\n25\n2.06\n51.66\n448.76\n\n\n30\n2.38\n113.70\n1522.03\n\n\n35\n2.75\n250.27\n5162.09\n\n\n40\n3.17\n550.84\n17507.71\n\n\n45\n3.66\n1212.43\n59379.01\n\n\n50\n4.23\n2668.62\n201389.38\n\n\n\nOver the next 10 to 15 years, Amazon, if it grows as expected, it could deliver 10 to 12x the returns of the S&P 500 and turn $1 into about $20 to $25, in inflation-adjusted terms.\nRisk Profile: Why Amazon Isn't Right For Everyone\nNo company is right for everyone, and all have complex risk profiles that investors must understand and be comfortable with.\nFundamental Risk Profile\nWe believe that the uncertainty for Amazon is high and that despite being an e-commerce leader, the company faces a variety of risks.\nAmazon must protect its leading online retailing position, which can be challenging as consumer preferences change, especially post-COVID-19 (as consumers may revert back to prior behaviors), and traditional retailers bolster their online presence.\nMaintaining an e-commerce edge has pushed the company to make investments in non-traditional areas, such as producing content for its Prime Video subscriptions and building out its own transportation network.\nSimilarly, the company must also maintain an attractive value proposition for its third-party sellers. Some of these investment areas have raised investor questions in the past, and we expect management to continue to invest according to its strategy, despite periodic margin pressure from increased spending.\nThe company must also continue to invest in new offerings. AWS, transportation, and physical stores (both Amazon branded and Whole Foods) are three notable areas of investment. These decisions require capital allocation and management focus and may play out over a period of years rather than quarters.\nContinued international expansion will likely require similar investment and management attention but will also increase exposure to different regulatory environments.\nSome countries have instituted or may institute protectionist policies. Even domestically over the last several years, lawmakers from both parties have increasingly focused on the amount of market power large technology companies have accrued.\nAntitrust, data privacy, and section 230 have been repeatedly invoked.\nFrom an ESG perspective, data breaches and service outages are a concern for any type of cloud service provider. As a retailer, Amazon has personal information for hundreds of millions of consumers around the world, while AWS hosts proprietary mission critical data for enterprises.\" - Morningstar (emphasis added)\n\nregulatory/political risk (domestic and international)\ndisruption risk from major tech competitors (like GOOG, FB, and MSFT)\ncomplex ESG risk (such as 150% annual turnover at fulfillment centers)\n\nMaterial Financial ESG Risk Analysis: How Large Institutions Measure Total Risk\n\n5 High-Yield ESG Blue-Chips For A Safe And Prosperous Retirement\n\nHere is a special report that outlines the most important aspects of understanding long-term ESG financial risks for your investments.\nThe bottom line is that ESG is NOT about politics or personal ethical opinions.\nAmong institutions that factor ESG into their safety models and ratings are:\n\nBlackRock\nMSCI\nMorningstar\nReuters\nS&P\nFitch\nMoody's\nDBRS\nAM Best\nBank of America\nBloomberg\nFactSet Research\nWells Fargo\nNAREIT\nState Street\nand many, many more\n\nQuality companies have always practiced ESG risk management long before it was popular among investors.\n\n If you use\n ESG scores that inherently tilts a portfolio to quality.\" - NYU study\n The overlap between ESG, especially measures related to the ‘G’ [or governance], and quality is pretty large.” - Research AffiliatesCompanies with strong ESG profiles may be better positioned for future challenges and experience\n fewer instances of bribery, corruption, and fraud.\" - MSCI (Emphasis added)\n\nBank of America's research finds that ESG metrics also help improve the long-term profitability and outcomes at companies.\n\n We find that companies with greater gender diversity at the board/management level typically see\n higher ROE and lower earnings risk than peers.Moreover, based on disclosure data from ICE, we find gender diversity in management is associated with a ~20% premium on P/E on an overall and sector-neutral basis.Ethnic and racial workforce diversity shows similarly strong results:\n higher ROE, lower risk, and significant premia on P/Eand P/BV.\" - Bank of America (emphasis original)\n\nDividend Aristocrats Are Strong ESG Companies\n(Source: Morningstar)\n\nAnalyst firm McKinsey has done several studies on this topic and concluded that between 25% and 60% of cash flows are affected by ESG risk.\nIt also did a meta-analysis of over 2,000 studies and found the ESG risk mitigation was 8X as likely to boost a company’s bottom line as hurt it.\nAMZN's ESG Risk Management Consensus\n\n\n\nRating Agency\nIndustry Percentile\nRating Agency Classification\n\n\nMSCI\n62.0%\nBBB Average\n\n\nMorningstar/Sustainalytics\n0.2%\n30.9/100 High Risk\n\n\nReuters'/Refinitiv\n98.9%\nExcellent\n\n\nS&P\n21.0%\nVery Poor\n\n\nConsensus\n45.5%\nAverage\n\n\n\n(Sources: Morningstar, Reuters'/Refinitiv)\n(Source: FactSet Research Terminal)\n\n(Source: Morningstar)\n\n0.2th percentile for its industry (472nd best out of 473 retailers)\n39th percentile among all rated companies (14,143)\n\n(Source: Reuters'/Refinitiv)\n\nan industry leader in all long-term risk management metrics\n\nHow We Monitor AMZN's Risk Profile\n\n51 analysts\n3 credit rating agencies\n7 total risk rating agencies\n58 total experts who collectively know this business better than anyone other than management\n\nRest assured that if Amazon's thesis weakens, strengthens, or shatters, we'll know about it and so DK members and my SA readers.\nBottom Line: Amazon Is The Ultimate Rich Retirement Dream Stock\nMy Real Money Phoenix Retirement Portfolio (Tracked Daily In Our Real Money Phoenix Portfolio Tool)\n\n(Source: Morningstar)\nDo you know what ETF or mutual fund offers a 3.5% very safe yield, with 15.5% growth and that's also 13% undervalued? All from a collection of blue-chips that matches the dividend aristocrats for quality and safety?\nNone, because only through prudent stock picking and active management can you achieve fundamentals like this.\n\n\n\n\nDS Phoenix Portfolio Fundamentals\n\n\nYield\n3.53%\n\n\nLT Growth Forecast\n15.51%\n\n\nDiscount To Fair Value\n13%\n\n\n5-Year Annual Valuation Boost\n2.82%\n\n\n5-Year Consensus Total Return Potential\n21.86%\n\n\n5-Year Risk-Adjusted Expected Total Return\n15.98%\n\n\nLT Consensus Total Return Potential\n19.04%\n\n\nS&P 500 5-Year Risk-Adjusted Expected Return\n3.60%\n\n\nDK Video Phoenix Risk-Adjusted Return/S&P 500 Risk-Adjusted Expected Return\n4.44\n\n\nS&P 500 Consensus LT Total Return Potential\n7.9%\n\n\nDividend Aristocrats Consensus LT Total Return Potential\n11.0%\n\n\nDS Phoenix LT Consensus Total Return Potential/S&P 500 Consensus LT Total Return Potential\n2.41\n\n\nDS Phoenix LT Consensus Total Return Potential/Dividend Aristocrats Consensus LT Total Return Potential\n1.73\n\n\n\nAmazon is the heart of my 28% growth allocation, and by combining it with high-yield blue-chips, you can have your cake and eat it too.\n\n8 Safe Dividend Stocks Yielding Over 6%\n\nIf you buy Amazon in equal amounts with something likeBritish American Tobacco(BTI), here is the synthetic company you create.\n\n4% safe yield growing about 4.3% over time\ngrowth consensus of 21% CAGR\n33% discount to fair value\n\nDoes that sound like a good way to combine growth, value, and yield? I think so, and that's why I've invested nearly $350,000 into that specific combination so far.\nAmazon is very likely to eventually have to pay a dividend. That's not speculation, its simple math. Big institutional investors simply won't stand for a company amassing a $1+ trillion cash pile.\nThat day may be far into the future, possibly 2030 or so.\nBut whenever Amazon finally starts paying dividends and buying back stock by the boatload, doesn't matter.\nLong-term investors buying Amazon today for pure growth, quality, and attractive valuation, are likely to be rolling in safe, and exponentially growing income in the years and decades to come.\nWhile there are many great hyper-growth stocks to choose from, none offer Amazon's incredible combination of quality, safety, growth, valuation, and future dividend potential that can allow a single share to possibly fund a rich retirement.\nThat's why I keep buying Amazon steadily, as long as its undervalued and its thesis remains intact.\nIf a small position in Amazon today can lead to a rich retirement in a few decades, then imagine how golden our golden years will be, if we own a large position, constructed over many years, and through several market downturns.\nBecause to quote Frasier Crane\n\n If less is more, then imagine how much more, more is.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151901773,"gmtCreate":1625060627192,"gmtModify":1703735094387,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Can I have a like pls …. Thank you&nbsp;","listText":"Can I have a like pls …. Thank you&nbsp;","text":"Can I have a like pls …. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/151901773","repostId":"1155997499","repostType":4,"repost":{"id":"1155997499","kind":"news","pubTimestamp":1625059501,"share":"https://ttm.financial/m/news/1155997499?lang=&edition=fundamental","pubTime":"2021-06-30 21:25","market":"us","language":"en","title":"SoFi Technologies Needs to Gain API Traction Before Once-SPAC Shares Will Move","url":"https://stock-news.laohu8.com/highlight/detail?id=1155997499","media":"InvestorPlace","summary":"SOFI stock has stalled since the IPO, meaning you still have time to get in\nIt seems everyone is pou","content":"<p>SOFI stock has stalled since the IPO, meaning you still have time to get in</p>\n<p>It seems everyone is pounding the table for&nbsp;<b>SoFi Technologies</b>(NASDAQ:<b><u>SOFI</u></b>) stock.&nbsp;Even me. While I was skeptical of&nbsp;the SPAC deal&nbsp;that turned IPOE shares into SOFI stock at the start of June, I still think it’s&nbsp;good for the long run.</p>\n<p>Much of that is based on faith in CEO Anthony Noto, formerly with<b>Facebook</b>(NASDAQ:<b><u>FB</u></b>),<b>Twitter</b>(NASDAQ:<b><u>TWTR</u></b>), and the National Football League. (That’s why SoFi’s name is on the new Los Angeles Rams’ stadium.)</p>\n<p><i>CNBC’s</i>&nbsp;Jim Cramer&nbsp;loves Noto. So do&nbsp;<i>both</i>&nbsp;analysts following it. They&nbsp;aren’t alone.</p>\n<p>In that case, why is SOFI still locked near its June 1 price. You can buy it June 29 for about $20.25 a share. Should you?</p>\n<p><b>SOFI Stock Bull Case</b></p>\n<p>SoFi started as a lender, beginning with student loans. It would sell consumers on terms, then re-sell the loans to banks. It has since become an online banker and broker as well.</p>\n<p>But the secret sauce is Galileo,which it bought last year. Galileo offers “banking APIs,” application program interfaces that let clients build out digital banking offerings. Clients include Chime and Robinhood, two of the hottest pre-IPO fintechs around.</p>\n<p>Because SoFi competes with Galileo customers. it hired&nbsp;Derek White, who formerly ran&nbsp;<b>Alphabet’s</b>(NASDAQ:<b><u>GOOGL</u></b>) Google Cloud&nbsp;financial services operation,to run the unit autonomously. The banking press is&nbsp;rubbing White’s baldpate with glee.</p>\n<p><b>The Stall Case</b></p>\n<p>Why, then, does SoFi remain&nbsp;locked&nbsp;in its pre-IPO trading range?</p>\n<p>One reason is the cost of its SPAC deal. While the transaction totaled $8.65 billion,only $2.4 billion&nbsp;in cash landed on the balance sheet. SPACs were wildly popular early in the year, but they’re far less popular now. Costs like this are a big reason. SPAC sponsors like Chamath Palihapitiya, who took SoFi public, now have a“heads I win, tails you lose”reputation.</p>\n<p>Then there’s a lack of information. SoFi revenue for the March quarter, reported on June 1,was $221 million. The June quarter won’t be reported until Sept. 1, when $237 million&nbsp;of revenue is expected.</p>\n<p>So, that means investors are mostly left with analyst hype to go on through the summer. This includes SoFi itself, which has projected earnings making it worth $24-$28/share,according to our Mark Hake.</p>\n<p><b>Oppenheimer’s</b>&nbsp;Dominick Gabriele&nbsp;initiated coverage at the beginning of June with an “outperform” rating and a $25 price target.<b>Rosenblatt Securities’</b>&nbsp;Sean Horgan&nbsp;last week maintained his “buy” rating and set a price target of $30.</p>\n<p>Over the last year, however,83% of SoFi revenues have come from banking. The expectation is that the brokerage, which competes with Robinhood but&nbsp;now sells SPACs&nbsp;as well as stocks, will start to take off. But if the brokerage doesn’t take off, investors may be out of luck, as with past online bank efforts&nbsp;<b>LendingClub</b>(NYSE:<b><u>LC</u></b>) and&nbsp;<b>Affirm Holdings</b>(NASDAQ:<b><u>AFRM</u></b>).</p>\n<p>Then there’s&nbsp;the specter of deflation&nbsp;raised by our Josh Enomoto. Technology creates deflation. An online bank has neither branches, nor tellers nor loan managers. But deflation is very, very&nbsp;bad for banking.</p>\n<p><b>The Bottom Line</b></p>\n<p>We still have time to get in on the ground floor with SoFi.</p>\n<p>Financial results aren’t due until September. Until its business model starts to prove out, it’s a pure speculation.</p>\n<p>This means you don’t throw any money into SoFi stock that you can’t afford to lose. You’re betting on Noto, on his fee-based business model and on the creativity of his team. The bet looks good now, but there are no guarantees.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoFi Technologies Needs to Gain API Traction Before Once-SPAC Shares Will Move</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\">\nSoFi Technologies Needs to Gain API Traction Before Once-SPAC Shares Will Move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 21:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/sofi-technologies-needs-to-gain-api-traction-before-once-spac-shares-will-move/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SOFI stock has stalled since the IPO, meaning you still have time to get in\nIt seems everyone is pounding the table for SoFi Technologies(NASDAQ:SOFI) stock. Even me. While I was skeptical of the SPAC...</p>\n\n<a href=\"https://investorplace.com/2021/06/sofi-technologies-needs-to-gain-api-traction-before-once-spac-shares-will-move/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://investorplace.com/2021/06/sofi-technologies-needs-to-gain-api-traction-before-once-spac-shares-will-move/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155997499","content_text":"SOFI stock has stalled since the IPO, meaning you still have time to get in\nIt seems everyone is pounding the table for SoFi Technologies(NASDAQ:SOFI) stock. Even me. While I was skeptical of the SPAC deal that turned IPOE shares into SOFI stock at the start of June, I still think it’s good for the long run.\nMuch of that is based on faith in CEO Anthony Noto, formerly withFacebook(NASDAQ:FB),Twitter(NASDAQ:TWTR), and the National Football League. (That’s why SoFi’s name is on the new Los Angeles Rams’ stadium.)\nCNBC’s Jim Cramer loves Noto. So do both analysts following it. They aren’t alone.\nIn that case, why is SOFI still locked near its June 1 price. You can buy it June 29 for about $20.25 a share. Should you?\nSOFI Stock Bull Case\nSoFi started as a lender, beginning with student loans. It would sell consumers on terms, then re-sell the loans to banks. It has since become an online banker and broker as well.\nBut the secret sauce is Galileo,which it bought last year. Galileo offers “banking APIs,” application program interfaces that let clients build out digital banking offerings. Clients include Chime and Robinhood, two of the hottest pre-IPO fintechs around.\nBecause SoFi competes with Galileo customers. it hired Derek White, who formerly ran Alphabet’s(NASDAQ:GOOGL) Google Cloud financial services operation,to run the unit autonomously. The banking press is rubbing White’s baldpate with glee.\nThe Stall Case\nWhy, then, does SoFi remain locked in its pre-IPO trading range?\nOne reason is the cost of its SPAC deal. While the transaction totaled $8.65 billion,only $2.4 billion in cash landed on the balance sheet. SPACs were wildly popular early in the year, but they’re far less popular now. Costs like this are a big reason. SPAC sponsors like Chamath Palihapitiya, who took SoFi public, now have a“heads I win, tails you lose”reputation.\nThen there’s a lack of information. SoFi revenue for the March quarter, reported on June 1,was $221 million. The June quarter won’t be reported until Sept. 1, when $237 million of revenue is expected.\nSo, that means investors are mostly left with analyst hype to go on through the summer. This includes SoFi itself, which has projected earnings making it worth $24-$28/share,according to our Mark Hake.\nOppenheimer’s Dominick Gabriele initiated coverage at the beginning of June with an “outperform” rating and a $25 price target.Rosenblatt Securities’ Sean Horgan last week maintained his “buy” rating and set a price target of $30.\nOver the last year, however,83% of SoFi revenues have come from banking. The expectation is that the brokerage, which competes with Robinhood but now sells SPACs as well as stocks, will start to take off. But if the brokerage doesn’t take off, investors may be out of luck, as with past online bank efforts LendingClub(NYSE:LC) and Affirm Holdings(NASDAQ:AFRM).\nThen there’s the specter of deflation raised by our Josh Enomoto. Technology creates deflation. An online bank has neither branches, nor tellers nor loan managers. But deflation is very, very bad for banking.\nThe Bottom Line\nWe still have time to get in on the ground floor with SoFi.\nFinancial results aren’t due until September. Until its business model starts to prove out, it’s a pure speculation.\nThis means you don’t throw any money into SoFi stock that you can’t afford to lose. You’re betting on Noto, on his fee-based business model and on the creativity of his team. The bet looks good now, but there are no guarantees.","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159543650,"gmtCreate":1624975354170,"gmtModify":1703849243459,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Hi, can u give me a like please.. thanks&nbsp;","listText":"Hi, can u give me a like please.. thanks&nbsp;","text":"Hi, can u give me a like please.. thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159543650","repostId":"1178728317","repostType":4,"repost":{"id":"1178728317","kind":"news","pubTimestamp":1624973015,"share":"https://ttm.financial/m/news/1178728317?lang=&edition=fundamental","pubTime":"2021-06-29 21:23","market":"us","language":"en","title":"Amazon Stock: Get Ready For Earnings Season","url":"https://stock-news.laohu8.com/highlight/detail?id=1178728317","media":"TheStreet","summary":"The countdown to Amazon’s earnings day has begun. The Amazon Maven begins its preview by looking at ","content":"<p>The countdown to Amazon’s earnings day has begun. The Amazon Maven begins its preview by looking at analyst consensus and historical stock price behavior prior to and after the event.</p>\n<p>June is ending along with the second calendar quarter of 2021. Amazon stock(<b>AMZN</b>)&nbsp;is staring at a couple of potential catalysts in July, with earnings season being the most obvious of them.</p>\n<p>The Amazon Maven will cover the cloud and e-commerce giant’s earnings event in detail via live blog – dates are yet to be announced by Amazon. In the meantime, our channel will preview second quarter earnings in the next few weeks, starting with a high-level view of consensus expectations.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1be54c5dedec1015d3b333406eaa9cb\" tg-width=\"1240\" tg-height=\"858\"><span>Figure 1; Amazon's HQ in Seattle, WA.</span></p>\n<p><b>What Wall Street expects</b></p>\n<p>For second quarter 2021, it helps to think first about last year’s numbers. As the COVID-19 crisis was still in its early stages, Amazon&nbsp;delivered&nbsp;astounding revenue growth of 40% in second quarter of 2020, the highest since 2018. EPS of over $10 beat consensus by the widest margin ever.</p>\n<p>When most businesses suffered due to the shutdown of the global economies, Amazon benefited in second quarter 2020 from the trends in digital consumption and cloud adoption acceleration. This year, the Seattle-based company will be facing an uphill battle to produce top- and bottom-line growth.</p>\n<p>Still, Wall Street is betting on revenue increase of nearly 30% this time – see table below. On earnings per share, $12.22 would represent an increase of nearly 20%. The earnings consensus climbed by over one dollar since two months ago, probably in anticipation for&nbsp;another successful Amazon Prime Day event.</p>\n<p>In the next few weeks, the Amazon Maven will dig deeper into what are likely to be the most hotly debated topics of conversation on earnings day.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/040bd5f518765adf07c85cd4a5955392\" tg-width=\"871\" tg-height=\"424\"><span>Figure 2: AMZN's earnings and revenues estimates.</span></p>\n<p><b>Amazon stock around earnings</b></p>\n<p>Next, let’s look at the performance of Amazon stock around earnings dates to figure out whether it might make sense to buy AMZN ahead of it. The graph below shows three bars: the median two-week return of Amazon stock (1) before earnings, (2) after earnings, and (3) on any given day.</p>\n<p>Over the past 20 earnings seasons, Amazon share price increased by a median 2.6% prior to the event – much better than the 0.1% following earnings day. The consistency is also worth noting: the stock produced positive two-week returns<i>ahead</i>of earnings 80% of the time vs. only half the time<i>after</i>earnings.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e360e6fb7b2688f235851e032bd4615a\" tg-width=\"770\" tg-height=\"411\"><span>Figure 3: Median 2-week returns, earnings vs. non-earnings.</span></p>\n<p>The data seems consistent with the idea of “buying the rumor, selling the news”. In other words, it is plausible that demand for AMZN shares rises ahead of the quarterly report, which has often exceeded analysts’ expectations. Once the numbers are in, investors proceed to lock in gains.</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>Amazon Stock: Get Ready For Earnings Season</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock: Get Ready For Earnings Season\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 21:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/news/amazon-stock-get-ready-for-earnings-season><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The countdown to Amazon’s earnings day has begun. The Amazon Maven begins its preview by looking at analyst consensus and historical stock price behavior prior to and after the event.\nJune is ending ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/news/amazon-stock-get-ready-for-earnings-season\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/news/amazon-stock-get-ready-for-earnings-season","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178728317","content_text":"The countdown to Amazon’s earnings day has begun. The Amazon Maven begins its preview by looking at analyst consensus and historical stock price behavior prior to and after the event.\nJune is ending along with the second calendar quarter of 2021. Amazon stock(AMZN) is staring at a couple of potential catalysts in July, with earnings season being the most obvious of them.\nThe Amazon Maven will cover the cloud and e-commerce giant’s earnings event in detail via live blog – dates are yet to be announced by Amazon. In the meantime, our channel will preview second quarter earnings in the next few weeks, starting with a high-level view of consensus expectations.\nFigure 1; Amazon's HQ in Seattle, WA.\nWhat Wall Street expects\nFor second quarter 2021, it helps to think first about last year’s numbers. As the COVID-19 crisis was still in its early stages, Amazon delivered astounding revenue growth of 40% in second quarter of 2020, the highest since 2018. EPS of over $10 beat consensus by the widest margin ever.\nWhen most businesses suffered due to the shutdown of the global economies, Amazon benefited in second quarter 2020 from the trends in digital consumption and cloud adoption acceleration. This year, the Seattle-based company will be facing an uphill battle to produce top- and bottom-line growth.\nStill, Wall Street is betting on revenue increase of nearly 30% this time – see table below. On earnings per share, $12.22 would represent an increase of nearly 20%. The earnings consensus climbed by over one dollar since two months ago, probably in anticipation for another successful Amazon Prime Day event.\nIn the next few weeks, the Amazon Maven will dig deeper into what are likely to be the most hotly debated topics of conversation on earnings day.\nFigure 2: AMZN's earnings and revenues estimates.\nAmazon stock around earnings\nNext, let’s look at the performance of Amazon stock around earnings dates to figure out whether it might make sense to buy AMZN ahead of it. The graph below shows three bars: the median two-week return of Amazon stock (1) before earnings, (2) after earnings, and (3) on any given day.\nOver the past 20 earnings seasons, Amazon share price increased by a median 2.6% prior to the event – much better than the 0.1% following earnings day. The consistency is also worth noting: the stock produced positive two-week returnsaheadof earnings 80% of the time vs. only half the timeafterearnings.\nFigure 3: Median 2-week returns, earnings vs. non-earnings.\nThe data seems consistent with the idea of “buying the rumor, selling the news”. In other words, it is plausible that demand for AMZN shares rises ahead of the quarterly report, which has often exceeded analysts’ expectations. Once the numbers are in, investors proceed to lock in gains.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150840403,"gmtCreate":1624893918202,"gmtModify":1703847400612,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Please give me a like..&nbsp;thank you&nbsp;","listText":"Please give me a like..&nbsp;thank you&nbsp;","text":"Please give me a like.. thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150840403","repostId":"1186693886","repostType":2,"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126367464,"gmtCreate":1624545072858,"gmtModify":1703839987830,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Could u pls give me a like. Thanks&nbsp;","listText":"Could u pls give me a like. Thanks&nbsp;","text":"Could u pls give me a like. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126367464","repostId":"1167326019","repostType":4,"repost":{"id":"1167326019","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624541460,"share":"https://ttm.financial/m/news/1167326019?lang=&edition=fundamental","pubTime":"2021-06-24 21:31","market":"us","language":"en","title":"S&P 500 rises to retake record at the open, wiping out last week’s Fed swoon","url":"https://stock-news.laohu8.com/highlight/detail?id=1167326019","media":"Tiger Newspress","summary":"(June 24) The S&P 500 climbed on Thursday, surpassing its record high set a week ago as the market f","content":"<p>(June 24)&nbsp;The S&amp;P 500 climbed on Thursday, surpassing its record high set a week ago as the market fully recovered losses triggered by the Federal Reserve’s surprise policy pivot.</p>\n<p>The broad equity benchmark rose 0.5% to hit an all-time high, retaking its previous record on June 14. The Dow Jones Industrial Average added 207 points, or 0.6%. The Nasdaq Composite jumped 0.6% to reach another record.</p>\n<p>A broad group of stocks gained to push the benchmarks to new highs. Tesla added more than 2%, while GM and Caterpillar each gained about 1%.</p>\n<p>Data out Thursday showed jobless claimstotaled 411,000for the week ended June 19, higher than an estimate of 380,000 from economists polled by Dow Jones.</p>\n<p>Traders are also monitoringinfrastructure package negotiations.A bipartisan group of Senators that have made progress on a plan will meet President Joe Biden at the White House Thursday. The lawmakers have worked for weeks to craft a roughly $1 trillion package that could get through Congress with support from both parties. Republicans have fought the president’s proposal to hike the corporate tax rate to 28% from 21%</p>\n<p>Bank shares gained ahead of theFed's annual bank stress test results, which are scheduled for release after the bell on Thursday. The test examines how banks fare during various hypothetical economic downturns. Banks were forced to freeze dividends and stop buybacks during the pandemic. These results should give them the greenlight to eventually raise payouts. Goldman Sachs shares rose about 1%.</p>\n<p>Despite Wednesday's hiccup, the three major indexes are up more than 1% this week, rallying from a sell-off last week after the Fed heightened inflation expectations and forecast rate hikes as soon as 2023. Comments from Fed Chair Jerome Powell during a Congressional testimony Tuesdayreiterated that inflation pressures should be temporary, which seemed to soothe market sentiment.</p>\n<p>\"Beneath the optimism, markets are at risk of becoming complacent – and vulnerable to shocks. Any signal that interest rates and bond yields could rise, even in the absence of pronounced inflationary pressure, could shatter market exuberance,\" Gaurav Mallik,&nbsp;chief portfolio strategist&nbsp;at&nbsp;State Street&nbsp;Global Advisors, said.</p>\n<p>\"Central banks will walk a tightrope between allowing the economy to run hot – which history has shown to be a bad idea – and managing inflation risk,\" he added.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 rises to retake record at the open, wiping out last week’s Fed swoon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 rises to retake record at the open, wiping out last week’s Fed swoon\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-24 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 24)&nbsp;The S&amp;P 500 climbed on Thursday, surpassing its record high set a week ago as the market fully recovered losses triggered by the Federal Reserve’s surprise policy pivot.</p>\n<p>The broad equity benchmark rose 0.5% to hit an all-time high, retaking its previous record on June 14. The Dow Jones Industrial Average added 207 points, or 0.6%. The Nasdaq Composite jumped 0.6% to reach another record.</p>\n<p>A broad group of stocks gained to push the benchmarks to new highs. Tesla added more than 2%, while GM and Caterpillar each gained about 1%.</p>\n<p>Data out Thursday showed jobless claimstotaled 411,000for the week ended June 19, higher than an estimate of 380,000 from economists polled by Dow Jones.</p>\n<p>Traders are also monitoringinfrastructure package negotiations.A bipartisan group of Senators that have made progress on a plan will meet President Joe Biden at the White House Thursday. The lawmakers have worked for weeks to craft a roughly $1 trillion package that could get through Congress with support from both parties. Republicans have fought the president’s proposal to hike the corporate tax rate to 28% from 21%</p>\n<p>Bank shares gained ahead of theFed's annual bank stress test results, which are scheduled for release after the bell on Thursday. The test examines how banks fare during various hypothetical economic downturns. Banks were forced to freeze dividends and stop buybacks during the pandemic. These results should give them the greenlight to eventually raise payouts. Goldman Sachs shares rose about 1%.</p>\n<p>Despite Wednesday's hiccup, the three major indexes are up more than 1% this week, rallying from a sell-off last week after the Fed heightened inflation expectations and forecast rate hikes as soon as 2023. Comments from Fed Chair Jerome Powell during a Congressional testimony Tuesdayreiterated that inflation pressures should be temporary, which seemed to soothe market sentiment.</p>\n<p>\"Beneath the optimism, markets are at risk of becoming complacent – and vulnerable to shocks. Any signal that interest rates and bond yields could rise, even in the absence of pronounced inflationary pressure, could shatter market exuberance,\" Gaurav Mallik,&nbsp;chief portfolio strategist&nbsp;at&nbsp;State Street&nbsp;Global Advisors, said.</p>\n<p>\"Central banks will walk a tightrope between allowing the economy to run hot – which history has shown to be a bad idea – and managing inflation risk,\" he added.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167326019","content_text":"(June 24) The S&P 500 climbed on Thursday, surpassing its record high set a week ago as the market fully recovered losses triggered by the Federal Reserve’s surprise policy pivot.\nThe broad equity benchmark rose 0.5% to hit an all-time high, retaking its previous record on June 14. The Dow Jones Industrial Average added 207 points, or 0.6%. The Nasdaq Composite jumped 0.6% to reach another record.\nA broad group of stocks gained to push the benchmarks to new highs. Tesla added more than 2%, while GM and Caterpillar each gained about 1%.\nData out Thursday showed jobless claimstotaled 411,000for the week ended June 19, higher than an estimate of 380,000 from economists polled by Dow Jones.\nTraders are also monitoringinfrastructure package negotiations.A bipartisan group of Senators that have made progress on a plan will meet President Joe Biden at the White House Thursday. The lawmakers have worked for weeks to craft a roughly $1 trillion package that could get through Congress with support from both parties. Republicans have fought the president’s proposal to hike the corporate tax rate to 28% from 21%\nBank shares gained ahead of theFed's annual bank stress test results, which are scheduled for release after the bell on Thursday. The test examines how banks fare during various hypothetical economic downturns. Banks were forced to freeze dividends and stop buybacks during the pandemic. These results should give them the greenlight to eventually raise payouts. Goldman Sachs shares rose about 1%.\nDespite Wednesday's hiccup, the three major indexes are up more than 1% this week, rallying from a sell-off last week after the Fed heightened inflation expectations and forecast rate hikes as soon as 2023. Comments from Fed Chair Jerome Powell during a Congressional testimony Tuesdayreiterated that inflation pressures should be temporary, which seemed to soothe market sentiment.\n\"Beneath the optimism, markets are at risk of becoming complacent – and vulnerable to shocks. Any signal that interest rates and bond yields could rise, even in the absence of pronounced inflationary pressure, could shatter market exuberance,\" Gaurav Mallik, chief portfolio strategist at State Street Global Advisors, said.\n\"Central banks will walk a tightrope between allowing the economy to run hot – which history has shown to be a bad idea – and managing inflation risk,\" he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129567233,"gmtCreate":1624378042822,"gmtModify":1703835041959,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Read….Please give me like n comment pls&nbsp;","listText":"Read….Please give me like n comment pls&nbsp;","text":"Read….Please give me like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/129567233","repostId":"2145056554","repostType":4,"repost":{"id":"2145056554","kind":"highlight","pubTimestamp":1624356900,"share":"https://ttm.financial/m/news/2145056554?lang=&edition=fundamental","pubTime":"2021-06-22 18:15","market":"us","language":"en","title":"These 3 Dow Stocks Are Set to Soar in 2021's Second Half","url":"https://stock-news.laohu8.com/highlight/detail?id=2145056554","media":"Motley Fool","summary":"Here are the companies investors are most excited about -- and why.","content":"<p>The <b>Dow Jones Industrial Average </b>(DJINDICES:^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past years. But given everything that's happening in the economy, it's not surprising to see investors rein in their expectations somewhat on some of the top-performing stocks in the market.</p>\n<p>Yet even with the gains the overall market has seen, there are still some Dow stocks that haven't climbed as far as they might. In particular, analysts looking at three stocks among the Dow Jones Industrials see the potential for substantial gains in the second half of 2021 and beyond. Below, we'll look at these three companies to see what it'll take for them to produce the big returns that investors want right now.</p>\n<h3>UnitedHealth: 34% upside</h3>\n<p><b>UnitedHealth Group </b>(NYSE:UNH) has already put in a reasonable performance in the Dow so far this year. The health insurance giant's stock is up about 11% year to date, outpacing the broader average very slightly.</p>\n<p>Yet investors see a lot more upside for the healthcare giant. The top price target among Wall Street analysts for UnitedHealth is $522 per share, which implies roughly a 34% gain from current levels.</p>\n<p>UnitedHealth has done an excellent job of navigating the ever-changing landscape of the healthcare and health insurance industries. As the largest health insurance company in the world, UnitedHealth offers coverage not just for private businesses but also for those eligible for government programs like Medicare and Medicaid.</p>\n<p>Indeed, UnitedHealth's handling of plans under the Affordable Care Act has been masterful, with the company having participated in the program better known as Obamacare while not overcommitting to it. With the Supreme Court having recently upheld the validity of the Affordable Care Act, UnitedHealth finds itself in a strong position to keep benefiting from its mix of business.</p>\n<p><img src=\"https://static.tigerbbs.com/ffe66b7aafd67e07dd42007f2b60d638\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>Yet many overlook the value of UnitedHealth's Optum health services unit. By aiming to help providers encourage health and wellness, Optum generates higher-margin revenue while often producing better outcomes for patients and members. With both growth drivers pushing the company forward, UnitedHealth looks well poised to keep climbing.</p>\n<h3>Goldman Sachs: 36% upside</h3>\n<p>Wall Street has enjoyed the bull market in stocks, and that's been a blessing for investment bank <b>Goldman Sachs </b>(NYSE:GS). The perennial financial giant has seen its stock rise 34% so far in 2021 after less impressive performance during 2020.</p>\n<p>On <a href=\"https://laohu8.com/S/AONE\">one</a> hand, Goldman has reflected the broader performance of financial stocks across the market. Interest rates have generally been on the rise, and that's bolstered the prospects for more net-interest income from retail banking operations. Goldman lags behind its big-bank peers on the consumer banking front, but its relatively new Marcus unit has done a good job of attracting capital thus far.</p>\n<p>On the other hand, Goldman continues to rely on its investment banking operations, and strong activity levels among initial public offerings and mergers and acquisitions (M&amp;A) have fed the company's coffers nicely. Financing remains relatively easy to get, and that could spur more M&amp;A activity that in turn could keep growing revenue for Goldman's investment banking division. Add to that possible tailwinds from macroeconomic factors, and it is in a solid position to climb as high as the $484 per share that represents the top price target among those following the financial stock.</p>\n<h3>Apple: 42% upside</h3>\n<p>Lastly, <b>Apple </b>(NASDAQ:AAPL) rounds out this list. Recently fetching $130 per share, some see the iPhone maker's stock climbing to $185. That'd be a 42% jump to help Apple recover from its 2% loss so far in 2021.</p>\n<p>Apple's gains have continued to impress. Revenue jumped 54% in its most recent quarter, with sales of the iPhone 12 and various other products and accessories continuing to drive sales for the company. Returning capital to shareholders via dividends and stock buybacks has had a substantial impact on financial performance, especially with the number of outstanding shares having plunged by roughly 35% in just the past decade.</p>\n<p>Many fear that Apple hasn't generated the innovative product lines that drove its success in the mid-2000s. However, at least for now, consumers seem content with iterations on existing product lines, and as long as that remains a successful strategy, further gains for the stock seem realistic.</p>\n<h3>Further to run?</h3>\n<p>Even with solid gains for the Dow in 2021, the long-term trajectory for stocks remains upward. That's a big part of why Apple, Goldman Sachs, and UnitedHealth Group look as promising as they do. Smart investors should at least keep an eye on these three stocks to see if they can live up to their full potential.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 3 Dow Stocks Are Set to Soar in 2021's Second Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 3 Dow Stocks Are Set to Soar in 2021's Second Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 18:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/22/these-3-dow-stocks-set-to-soar-2021s-second-half/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average (DJINDICES:^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/22/these-3-dow-stocks-set-to-soar-2021s-second-half/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UNH":"联合健康","GS":"高盛","09086":"华夏纳指-U","03086":"华夏纳指","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/06/22/these-3-dow-stocks-set-to-soar-2021s-second-half/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145056554","content_text":"The Dow Jones Industrial Average (DJINDICES:^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past years. But given everything that's happening in the economy, it's not surprising to see investors rein in their expectations somewhat on some of the top-performing stocks in the market.\nYet even with the gains the overall market has seen, there are still some Dow stocks that haven't climbed as far as they might. In particular, analysts looking at three stocks among the Dow Jones Industrials see the potential for substantial gains in the second half of 2021 and beyond. Below, we'll look at these three companies to see what it'll take for them to produce the big returns that investors want right now.\nUnitedHealth: 34% upside\nUnitedHealth Group (NYSE:UNH) has already put in a reasonable performance in the Dow so far this year. The health insurance giant's stock is up about 11% year to date, outpacing the broader average very slightly.\nYet investors see a lot more upside for the healthcare giant. The top price target among Wall Street analysts for UnitedHealth is $522 per share, which implies roughly a 34% gain from current levels.\nUnitedHealth has done an excellent job of navigating the ever-changing landscape of the healthcare and health insurance industries. As the largest health insurance company in the world, UnitedHealth offers coverage not just for private businesses but also for those eligible for government programs like Medicare and Medicaid.\nIndeed, UnitedHealth's handling of plans under the Affordable Care Act has been masterful, with the company having participated in the program better known as Obamacare while not overcommitting to it. With the Supreme Court having recently upheld the validity of the Affordable Care Act, UnitedHealth finds itself in a strong position to keep benefiting from its mix of business.\n\nImage source: Getty Images.\nYet many overlook the value of UnitedHealth's Optum health services unit. By aiming to help providers encourage health and wellness, Optum generates higher-margin revenue while often producing better outcomes for patients and members. With both growth drivers pushing the company forward, UnitedHealth looks well poised to keep climbing.\nGoldman Sachs: 36% upside\nWall Street has enjoyed the bull market in stocks, and that's been a blessing for investment bank Goldman Sachs (NYSE:GS). The perennial financial giant has seen its stock rise 34% so far in 2021 after less impressive performance during 2020.\nOn one hand, Goldman has reflected the broader performance of financial stocks across the market. Interest rates have generally been on the rise, and that's bolstered the prospects for more net-interest income from retail banking operations. Goldman lags behind its big-bank peers on the consumer banking front, but its relatively new Marcus unit has done a good job of attracting capital thus far.\nOn the other hand, Goldman continues to rely on its investment banking operations, and strong activity levels among initial public offerings and mergers and acquisitions (M&A) have fed the company's coffers nicely. Financing remains relatively easy to get, and that could spur more M&A activity that in turn could keep growing revenue for Goldman's investment banking division. Add to that possible tailwinds from macroeconomic factors, and it is in a solid position to climb as high as the $484 per share that represents the top price target among those following the financial stock.\nApple: 42% upside\nLastly, Apple (NASDAQ:AAPL) rounds out this list. Recently fetching $130 per share, some see the iPhone maker's stock climbing to $185. That'd be a 42% jump to help Apple recover from its 2% loss so far in 2021.\nApple's gains have continued to impress. Revenue jumped 54% in its most recent quarter, with sales of the iPhone 12 and various other products and accessories continuing to drive sales for the company. Returning capital to shareholders via dividends and stock buybacks has had a substantial impact on financial performance, especially with the number of outstanding shares having plunged by roughly 35% in just the past decade.\nMany fear that Apple hasn't generated the innovative product lines that drove its success in the mid-2000s. However, at least for now, consumers seem content with iterations on existing product lines, and as long as that remains a successful strategy, further gains for the stock seem realistic.\nFurther to run?\nEven with solid gains for the Dow in 2021, the long-term trajectory for stocks remains upward. That's a big part of why Apple, Goldman Sachs, and UnitedHealth Group look as promising as they do. Smart investors should at least keep an eye on these three stocks to see if they can live up to their full potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129562689,"gmtCreate":1624377962441,"gmtModify":1703835037560,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Inflation is a all time reality everyone knows…Pls give me a like and comments pls&nbsp;","listText":"Inflation is a all time reality everyone knows…Pls give me a like and comments pls&nbsp;","text":"Inflation is a all time reality everyone knows…Pls give me a like and comments pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129562689","repostId":"1116451605","repostType":4,"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120925869,"gmtCreate":1624292811151,"gmtModify":1703832797898,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Please give me a like and comments…","listText":"Please give me a like and comments…","text":"Please give me a like and comments…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120925869","repostId":"1136791321","repostType":4,"repost":{"id":"1136791321","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624282996,"share":"https://ttm.financial/m/news/1136791321?lang=&edition=fundamental","pubTime":"2021-06-21 21:43","market":"us","language":"en","title":"EV stocks fell in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1136791321","media":"Tiger Newspress","summary":"(June 21) EV stocks fell in morning trading.","content":"<p>(June 21)&nbsp;EV stocks fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e7e7cf675e122ca02f2d220cde025a88\" tg-width=\"310\" tg-height=\"239\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV stocks fell in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV stocks fell in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-21 21:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 21)&nbsp;EV stocks fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e7e7cf675e122ca02f2d220cde025a88\" tg-width=\"310\" tg-height=\"239\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","LI":"理想汽车","TSLA":"特斯拉","XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136791321","content_text":"(June 21) EV stocks fell in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165049116,"gmtCreate":1624083021135,"gmtModify":1703828529683,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Wonder abt the headlines…","listText":"Wonder abt the headlines…","text":"Wonder abt the headlines…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165049116","repostId":"1127823989","repostType":2,"repost":{"id":"1127823989","kind":"news","pubTimestamp":1623253090,"share":"https://ttm.financial/m/news/1127823989?lang=&edition=fundamental","pubTime":"2021-06-09 23:38","market":"us","language":"en","title":"Amazon: A No-Brainer For The Next 10 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1127823989","media":"seekingalpha","summary":"The recent approval of Amazon Pharmacy provides a huge TAM.Amazonis one of the best-known companies in the world, it seems difficult to discover something new in it but the reality is that there is a lot to discover. After performing this in-depth analysis of Amazon, I have realized that most segments are in their early stages. The current valuation is very attractive considering that they are just scratching the surface of the potential of these divisions.Amazon Healthcare has a huge TAM throug","content":"<p><b>Summary</b></p>\n<ul>\n <li>Amazon maintains high advertising potential.</li>\n <li>The recent approval of Amazon Pharmacy provides a huge TAM.</li>\n <li>The company has an interesting future operating leverage due to high capex deployed in logistics.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>Amazon(NASDAQ:AMZN)is one of the best-known companies in the world, it seems difficult to discover something new in it but the reality is that there is a lot to discover. After performing this in-depth analysis of Amazon, I have realized that most segments are in their early stages. The current valuation is very attractive considering that they are just scratching the surface of the potential of these divisions.</p>\n<p>Amazon Healthcare has a huge TAM through Amazon Pharmacy and Amazon Care (telemedicine). Both divisions are newly approved, so as of today, they contribute virtually nothing to Amazon's bottom line.</p>\n<p>The retail part has a long way to go, with a lot of room for growth with its omnichannel for supermarkets, increases in ARPU, FBA.</p>\n<p>On the other hand, digital advertising is eating the world, and Amazon has recently been getting into it (since 2015). Part of Amazon's advertising five years ago was generating hardly any profit, now it is doubling revenues every two years and this has just begun. Amazon is the most powerful product marketplace globally, so it makes perfect sense that the wild growth in advertising continues to grow at high rates.</p>\n<p>We still have the optionality in gaming, the growth in prime ARPUs, the Audio and Video division, in short, numerous segments that have not yet started to contribute sales and Amazon is currently trading at about 35x normalized FCF, expensive? In our opinion considerably cheaper than the multiples at which the market is trading.</p>\n<p><b>Product</b></p>\n<p>Amazon is a company that has always had a long-term focus. This means that since its inception, it has renounced short-term profitability to become one of the most important companies in the world in the long term. There is no doubt that it has achieved this goal and we are right at the moment where Amazon is beginning to reap what has been sown for so many years.</p>\n<p>In its early days, Amazon focused on the user experience when shopping online. Amazon offered a simple, accessible and universal way to buy products to guarantee the highest number of reviews and arrive in record time. In addition, acquiring a product on Amazon carries the guarantee of delivery of the same; this means that if you have any kind of problem with the reception of the product, Amazon solves it in record time.</p>\n<p>This first phase has been very successful and has been the foundation of Amazon 2.0, which has been integrating more and more services and improving its original product: e-commerce. This image summarizes very well the evolution of Amazon from a Prime 1.0 to a Prime with a much higher added value.</p>\n<p><img src=\"https://static.tigerbbs.com/d99378da746d0c3e0141d21e45729e0d\" tg-width=\"533\" tg-height=\"357\" referrerpolicy=\"no-referrer\">Thanks to this user experience created by Amazon, it has been one of the main contributors (or rather the main contributor) to the explosive evolution of e-commerce, making its penetration increasingly higher and its growth very high.</p>\n<p>According toStatistadata, e-commerce penetration worldwide is 50.8% in 2021 and is expected to reach 63.1% in 2025. Average spending per person exceeds $700 per year. Between 2020 and 2025, e-commerce revenues are expected to grow by 50%, so far from being a mature market, it is still growing strongly.</p>\n<p><b>Amazon Prime</b></p>\n<p>We all know what this service entails, so I am not going to explain it at length. More and more new services are being integrated into Amazon Prime, making it one of the must-have subscriptions for users.</p>\n<p>A chronological summary of Amazon's evolution in the US (its most mature market) is essential to understand the evolution of prices and value-added over time.</p>\n<p>Amazonlaunches Prime subscription in the US in 2005for $79 per year. In 2006, Amazon moved forward and launched Fulfilled by Amazon. This service allows sellers to have a store on Amazon and ship their products for a fee. These products then become eligible for Amazon Prime, increasing the assortment and selection available to customers.</p>\n<p><img src=\"https://static.tigerbbs.com/26ee6071f10355c56905089335e248a9\" tg-width=\"640\" tg-height=\"264\" referrerpolicy=\"no-referrer\">Starting in 2011, Amazon included Prime Video in subscriptions, which meant 5,000 movies and series for every subscriber.</p>\n<p>2014 was a great year for Prime, not only because there were many new services added, but also because there was the first price increase, Amazon raises from $79 to $99 the subscription in the U.S. This same year Amazon Prime Pantry is launched, offering customers the ability to buy essential supermarket products (toilet paper, drinks, creams) for a meager fee and regularly. Also in 2014, Amazon Music was launched with the Prime subscription, giving access to a catalog of 60M songs, on a par with the best streaming services. Amazon photos are also launched, a service that offers high-resolution photo storage with Amazon's own subscription. Finally, Amazon launches; Amazon Now, a supermarket service in which you receive your products in 2 hours (or one in certain areas) with free shipping cost from $ 50.</p>\n<p>In 2015 Amazon Prime Day was created to celebrate the 20th anniversary, in which 24 hours offers to appear to be the day of Amazon's biggest sale since its launch.</p>\n<p>In 2016, same-day delivery to 27 metropolitan areas was introduced. Prime also joins Prime, Prime Reading, which offered more than 1,000 books and magazines free of charge.</p>\n<p>In 2017, an agreement was formed with Chase to create a credit card that offers Prime subscribers at no added cost a 5% cash back at Amazon or Whole Foods for purchases made. Prime Wardrobe is also launched in 2017, a service that allows you to try on clothes, jewelry or similar in a period of 7 days before having to pay. That same year Amazon Key is launched, a smart lock that allows opening the home from the Smartphone to trusted people (seeing through an integrated camera), open the door from your own Smartphone or with a personal code. In addition to this, it allows Prime members to receive Amazon packages in their garage, house, without needing a key, simply through the APP.</p>\n<p>In 2017, the acquisition of Whole Foods was made, which is integrated into Amazon with discounts, free shipping or cashback when paying by card.</p>\n<p>In 2018 comes a second price increase from $99 to the current $119, an increase of $40 since its launch in 2005.</p>\n<p>In 2019, Amazon Fresh launched Prime subscribers, offering free in select cities fresh grocery delivery service.</p>\n<p>Finally, in 2020 Amazon Prime Gaming is launched, a service built into the Prime subscription that provides free games, exclusive gaming content and a free Twitch subscription.</p>\n<p>The evolution of Prime has been impressive, incorporating new services year after year to make Amazon's subscription indispensable in our lives. Seeing the evolution in subscribers, it seems evident that it has achieved its purpose.</p>\n<p>Prime's evolution has taken us to200M subscribers in 2020globally of which 153M are from the US.</p>\n<p><img src=\"https://static.tigerbbs.com/98abbd226ea68e7b6dd19537677a9888\" tg-width=\"588\" tg-height=\"374\" referrerpolicy=\"no-referrer\">Source: Emarketer, Statista</p>\n<p>Given the penetration, Prime's growth has slowed down in recent years, although users are becoming more and more accustomed to the service and it is becoming one of the essential subscriptions. This in our opinion, will lead to pricing power, something we have already seen in the United States, where the price for the subscription is substantially higher than the international subscription.</p>\n<p>Below is a comparison of subscription costs in different countries:</p>\n<p><img src=\"https://static.tigerbbs.com/250693f17a1239d59514520d8656fecb\" tg-width=\"343\" tg-height=\"373\" referrerpolicy=\"no-referrer\">Prices have risen compared to2018(these are as of year-end 2020). It is expected that prices will continue to rise gradually to generate higher earnings per user (ARPU).</p>\n<p>The first thing we notice is that the disparity between countries is high. In my opinion, where there is more room for prices to converge is in Europe, as Prime becomes more mature and incorporates higher quality content (as it has done in the US). This table shows that there is still a long way to go in terms of ARPU. Even in the US the price of an Amazon Prime subscription, taking into account everything included (music, video, access to Pharmacy, free shipping, storage), is well below other comparable subscriptions.</p>\n<p>Penetration in the United States is at its highest, 77% of people who buy on Amazon are Prime users. In 2020 this percentage was 67% so we have substantial growth; in fact it is one of the highest growth rates in the last decade.</p>\n<p>The Prime user is more profitable since he/she tends to spend 2-3 times more per month than a non-Prime user. In e-commerce, Amazon is the clear dominator with amarket sharein the United States of more than 50%. Being the clear dominator in a market thatwill grow at double digitsfor the next 5 years (probably also for the next 10 years) is undoubtedly very interesting. Another important point is that retail is a huge market where Amazon is just scratching the surface but has certainly positioned itself to capture more and more market share as the years go by. Amazon has only9% ofUS retail sales, while Walmart has 9.5%. To give you a sense of Amazon's traction, in 2019 it only had 6.8%. Although it is clear that COVID has helped it gain traction, over the years it has always been gaining more market share. Amazon knows this and is substantially increasing fulfillment CAPEX.</p>\n<p>The maturity of the Prime subscriber is also something important. As the years go by the Prime subscriber tends to consume more, so we could say that even a Prime subscriber has a rump-up period as we can see in this graph:</p>\n<p><img src=\"https://static.tigerbbs.com/5636145e9a1d04a4f1d4f1643c0550a1\" tg-width=\"436\" tg-height=\"252\" referrerpolicy=\"no-referrer\">In certain markets such as India, where Amazon has focused a lot of attention and investment, Prime membership growth has been exceptional. According to the head of Prime in the country, Prime membership has doubled between 4Q17 and 2Q19. While some of that growth may have been driven by Amazon's material investment in local digital content and Prime rate incentives, we believe many of these members will become more engaged retail customers as their financial situation improves over time.</p>\n<p>There are doubts about whether the momentum resulting from COVID in e-commerce will slow down with the reopening of e-commerce. Data from the first quarter of 2021 (with a reasonable reopening) shows that far from slowing down, growth has even accelerated above pre-COVID levels. This makes sense as certain users are reluctant to shop online and have been relatively forced during the quarantine. Having made purchases online has allowed them to lose that fear and become e-commerce users that would have taken longer to become so had it not been for COVID.</p>\n<p>Currently, 66% of GMVs (Gross Merchandise Value or total amount transacted in resales without discounts) come from the United States, the most mature market. In the future, the projection is that the mix of GMVs between US and Non-US will converge to 50% since it is in the rest of the markets where growth is currently highest.</p>\n<p>Market penetration is gradual and to get an idea of how it is evolving; we must look at the most mature market: the United States.</p>\n<p><img src=\"https://static.tigerbbs.com/fa586d6b9e788420999aa48c50811040\" tg-width=\"553\" tg-height=\"351\" referrerpolicy=\"no-referrer\">Currently, 67% of U.S. households with internet have a Prime subscription.</p>\n<p><b>Fulfillment by Amazon (FBA)</b></p>\n<p>More than half of the units purchased on Amazon's global marketplaces are sold by third-party merchants: sellers large and small who benefit from having access to Amazon's millions of customers. Your Seller Care business enables you to offer a wide selection of products by engaging these sellers and helping them manage their business on the platform.</p>\n<p>Fulfillment by Amazon (FBA) is a program that allows sellers to ship their inventory to Amazon's distribution centers, where they create, pack and ship orders for them, as well as handle customer service and returns for them. Their products become part of the Prime program, so they reach an even larger audience, and the seller spends fewer resources on inventory management and shipping.</p>\n<p>FBA started in 2005 with just a handful of vendors. Teams of business and technical professionals build all the systems that enable it, including tools that provide real-time data and reports and allow companies to manage their inventories remotely and from any device.</p>\n<p>The fulfillment part benefits from operational leverage, managing to contain unit costs and generating a higher and higher free cash flow. To understand the service in greater depth, we can look at Amazon's FBA service fees to third parties, which occupy almost 50% of the GMVs.</p>\n<p><img src=\"https://static.tigerbbs.com/1165bbedf3c99919df3b86f97386eb31\" tg-width=\"640\" tg-height=\"316\" referrerpolicy=\"no-referrer\">Amazon has been investing in its fulfillment network for many years, reinforcing its increasingly evident MOAT regarding logistics capacity and customer experience. So high has been the deployment of Capex that today it even rivals companies whose core business is precisely that:</p>\n<p><img src=\"https://static.tigerbbs.com/b2b35107ea150c8462f41cf6ff2f1975\" tg-width=\"431\" tg-height=\"213\" referrerpolicy=\"no-referrer\">Source: Annual report, FactSet estimates</p>\n<p>With the scale that Amazon has acquired, it would not be unreasonable to become a more efficient logistics platform than even pure competitors.</p>\n<p><img src=\"https://static.tigerbbs.com/d093110e0653de7cd4b486dbcf1543f4\" tg-width=\"640\" tg-height=\"253\" referrerpolicy=\"no-referrer\">The graph shows how the simplest route an order can take is directly from the seller to the buyer through a third-party service, where Amazon never actually touches the product, only puts the Marketplace.</p>\n<p>For orders that do go through Amazon's network, the company groups inventory into three different categories:</p>\n<ol>\n <li>Small classifiable: consumer items that make up the majority of the business. These are everyday items such as books, video games, and small-weight items.</li>\n <li>Large sortable: Items with a higher weight may require more manual systems due to their size.</li>\n <li>Large unsortable: Items that due to their size or weight, are handled with less automation, often in different locations and require more specialization for their preparation, such as specific packaging. Most of these shipments are delivered by third parties, mostly XPO.</li>\n</ol>\n<p>Small and large collection and packaging facilities are usually located in the same building but separate divisions.</p>\n<p>A key defining characteristic of small and large sortable items is that they can fit into a box placed on a conveyor belt for automatic sorting.</p>\n<p>Intuitively, small sortable items are also where the company has implemented the most automation, including robotic picking functionality.</p>\n<p>2013 was a turning point for FBA. We are talking about the 1,050 fulfillment network points today; only 58 were open before 2014, or 5%. Before 2014 there were no airports; there was hardly any infrastructure compared to today. 2020 is once again a turning point; 45% of fulfillment centers have been or will be built after 2020.</p>\n<p>This has undoubtedly been reflected in the 2020 CAPEX, which has risen considerably compared to previous years, from 5% to 9%. Excluding the increase in 2020 CAPEX, annualized growth since 2013 is 37%, above sales growth. Not all of this growth is due to fulfillment. Still, reading the letters from management, it is clear that a large part of this growth comes from this division, saying that the costs associated with \"last mile delivery\" had increased substantially.</p>\n<p><img src=\"https://static.tigerbbs.com/ab81f81d8d08e98fa4819e90b6a553e1\" tg-width=\"581\" tg-height=\"420\" referrerpolicy=\"no-referrer\">This Capex is reflected in the evolution of the square meters of fulfillment:</p>\n<p><img src=\"https://static.tigerbbs.com/5eb5e8f0ce6c11a4e1a96e2ab8002586\" tg-width=\"574\" tg-height=\"322\" referrerpolicy=\"no-referrer\">Growth in line with all of the above.</p>\n<p>Amazon is also increasing its aircraft fleet, which started in 2016 following the agreement with ATSG and Atlas Air to lease 40 aircraft (20+20). Currently, the fleet of aircraft under lease is 82 plus 11 owned aircraft, a total of 93, so it has more than doubled the fleet in less than 5 years. These movements make clear Amazon's intentions to boost the air service. If it continues simultaneously, we would have about 200 aircraft in 2016 between leasing and ownership.</p>\n<p>In the following image, we can see Amazon's air gateway network, with its usual spans. The network represents a key piece of the company's proprietary distribution network that has not been replicated by any other retailer and is a key function that allows Amazon to operate without the networks of third-party carriers.</p>\n<p><img src=\"https://static.tigerbbs.com/9eeec3e1927a51a580d7007e6caba3c2\" tg-width=\"640\" tg-height=\"535\" referrerpolicy=\"no-referrer\">Source: Chaddick Institute</p>\n<p>In Europe, it also has a network in the main capitals: Madrid, Barcelona, Paris, Milan, Rome, Cologne and Leipzig.</p>\n<p>The current gap in the fleet is significant concerning UPS and FedEx, but Capex is deploying Amazon would not be surprised to have a similar fleet by 2030.</p>\n<p>And all this for what? Considering how much Amazon is spending on logistics, it's clear it has a purpose. FBA sales went from $1b in 2011 to $40b in 2020, a significant jump. Rumors indicate that Amazon would like to start competing with UPS and FedEx in offering their services not only for its Marketplace but also for third parties. This may be indicative of the program launched in 2017 \"Seller Flex) which is a variant of the FBA program but in-house. This means that you can leverage Amazon's logistics tools without having to deposit inventory in Amazon's fulfillment centers. This is already a very similar service to that provided by pure shipping players.</p>\n<p>Following the launch of FBA Onsite, Amazon began internal testing of Amazon Shipping, a third-party shipping service that complemented FBA onsite. Early on reports suggested that Amazon would be able to undercut third-party carriers by leveraging the capacity it already used for its own deliveries and eliminating added costs. After more than two years, Amazon Shipping remains an internal trial put on hold by the arrival of COVID, as Amazon itself needed all of its logistics capacity for internal use.</p>\n<p>Is there really an opportunity here? Let's look at the sales and operating profit of the main players: UPS and FedEx.</p>\n<p><img src=\"https://static.tigerbbs.com/44a8276c53a9261ed6a84a8607ce87e9\" tg-width=\"356\" tg-height=\"113\" referrerpolicy=\"no-referrer\">Between them they generate 40% of Amazon's sales and 53% of operating profit. Obviously, Amazon will not capture all the business from both, but it gives us an idea that it is a large market that can provide incremental sales for Amazon.</p>\n<p>Considering all the opportunities on the table: Pharmacy, Grocery, Gaming, Advertising) Amazon Shipping will likely be delayed for a while, not one of the most immediate priorities. The deployed Capex itself serves for internal use with much more intense value chain control.</p>\n<p>We can really see the benefits of that CAPEX for fulfillment in the gross margin. The cost of sales is associated with Amazon's shipping costs, both in-house and through third parties. As in-house shipping has been gaining scale through CAPEX deployment, the gross margin has been increasing, and this is entirely normal given that this segment is pure volume. This means that a company that does not move Amazon's volume will not be compensated for the Capex deployed by Amazon. Still, on the other hand, a company like Amazon that increases the number of shipments in double digits year after year shows that the higher the volume, the higher the cost savings per shipment that the CAPEX deployed will compensate. This is a key point, as Amazon has a greater weight in own shipping and less in third parties, it will acquire a higher gross margin because the cost of own shipping is significantly lower than using a third party such as UPS or FedEx.</p>\n<p><b>AWS</b></p>\n<p>We believe that AWS will continue to be the dominant player in IaaS/PaaS as it captures most of the future growth in the industry due to its huge customer base.</p>\n<p>There should be plenty of growth opportunities for all three vendors. Gartner's forecast for IaaS and PaaS implies a 25% revenue CAGR between 2020 and 2023 and a market of nearly $200 billion by 2023.</p>\n<p><img src=\"https://static.tigerbbs.com/c931481c0a035bcced96f4f401235488\" tg-width=\"630\" tg-height=\"423\" referrerpolicy=\"no-referrer\">As for margins, they have danced between 20-30% despite aggressive pricing plans with a total of 20 discounts between 2018 and 2020 and so far 1 in 2021. The drop in margins in 2019 was due to an increase in investments for sales and marketing issues, which was only a short-term issue.</p>\n<p><img src=\"https://static.tigerbbs.com/13a64e7975829481aa0bedba683c33fa\" tg-width=\"586\" tg-height=\"353\" referrerpolicy=\"no-referrer\">Amazon is the clear dominator in the cloud market and although it has lost market share in recent years, this has not prevented it from growing at very high rates. What's interesting? The expectation is that thecloud marketwill grow from 2020 to 2025 at a compound rate of 17.5%. Considering that it is currently the company's division with the best margins, this is great news for Amazon's future.</p>\n<p>Amazon'sbacklogis accelerating its growth; we talk about the last year has grown more than 50% YoY while AWS sales growth is more in line with 30%. The backlog is contracts with an average maturity period of 3 years that end up materializing in sales, so seeing the rate at which it is growing is certainly very interesting.</p>\n<p>Backlog contracts are usually with large companies to whom they make offers with consequent price cuts. AWS is being aggressive but can afford to be given the margins it operates on.</p>\n<p>The backlog currently exceeds $50b, which should materialize over an average period of 3 years. This will be AWS sales but does not mean that these are the only sales that will materialize as there will continue to be growth in shorter-term contracts as at present.</p>\n<p><img src=\"https://static.tigerbbs.com/24e0033a5094a6f45b6cf02363014fcd\" tg-width=\"575\" tg-height=\"347\" referrerpolicy=\"no-referrer\">Source: Annual Report &amp; Morgan Stanley Estimates</p>\n<p>This graph shows exciting data. As I mentioned, the backlog has accelerated its growth while sales per se have been maintained (the last quarters). In the medium term, both curves will tend to converge.</p>\n<p><b>Supermarket</b></p>\n<p>The supermarket sector is gigantic and today, Amazon's US market share in this segment is less than 3% of 2020 sales. Considering that Amazon's penetration in this segment is increasingly higher and that Amazon is learning more and more due to the integration of Whole Foods and the opening of Fresh, Go stores and above all, physical locations.</p>\n<p>The opening of the first Amazon Fresh store in California is very recent; we are talking about September 2020 and from that date until May 2020 the number has risen to 12. Considering the pace of openings, it is clear that Amazon wants to focus on an Omnichannel model where you can buy physically or online, whichever best suits your needs at any given time.</p>\n<p>Amazon stores average 35,000 feet in size, selling about $754 per foot, in line with comparables such as (Wegmans, Kroger, Ahold) so the pace of Amazon's store rollout will mean interesting incremental sales (depending on the number of stores)</p>\n<p>On the other hand Amazon is focusing on the consumer experience.Amazon Dash Cartis turning the shopping experience into something totally different. It will have a small initial learning curve for the consumer, but it substantially improves the supermarket shopping experience once the concept is understood. We are talking about a supermarket cart with intelligence to account for every product you put inside automatically. You can leave with the purchase without having to go through the checkout or similar, and to all this add, it lets you know how much you have spent at each moment, making the experience much more efficient.</p>\n<p>Therefore Amazon offers an omnichannel experience in which you can buy online and receive same-day delivery for free (on orders over $50 for prime users). You can also place the order and pick it up at the store or simply buy it in the store itself; let's say it's a similar approach to Inditex.</p>\n<p>Having the ability to do click &amp; collect or simply order to home delivery allows stores to leverage stores in various ways that will generate operational leverage and increased margins as order volumes increase.</p>\n<p>The current trend is towards healthy food and in Amazon Fresh Stores, there is ample space for fresh and prepared food; we have space for fresh seafood, a sushi bar or even fresh pizza in the supermarket itself.</p>\n<p>Reviews of the Amazon Fresh stores on google are very positive, with an average of 4.3 stars across all 12 locations and over 3,000 votes.</p>\n<p>In a survey conducted by UBS in its 7th annual eCommerce survey, all respondents were asked the main reasons for buying online. With 43% of the answers, the most chosen was the convenience and comfort of doing it. It was a key point for the penetration to continue increasing since it is not because of something temporary such as prices, greater selection, but because of something structural.</p>\n<p>On the opposite side, reasons for not buying online would be in the first position with 45% \"I prefer to see and touch the product.\" Another main reason is that it is easier to buy physically and this can be key, making online shopping more accessible with improvements to the process itself.</p>\n<p>To get an idea of how the Amazon Groceries process works we have the following scheme:</p>\n<p><img src=\"https://static.tigerbbs.com/177141503cc09a782b0fc3ec7df8cd63\" tg-width=\"640\" tg-height=\"309\" referrerpolicy=\"no-referrer\">Looking at the schematic, it is easy to understand how Whole Foods fits into the process. Having incorporated physical stores, they serve as a logistics hub for shipments, allowing Amazon to improve efficiency.</p>\n<p>In addition to being focused on all the aspects mentioned above, Amazon has also been concerned about generating its own brand, where margins are higher. An example of Amazon's own brands can be seen below.</p>\n<p><img src=\"https://static.tigerbbs.com/10f30cc5515047623531828738fa6180\" tg-width=\"640\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Especially in the last few years (since 2017), Amazon's own brand has been significantly boosted. We talked about that in 2017 there were less than 20 Amazon own brands and very few products for sale. Currently, it has more than 120 own brands and 22,617 available. In addition, Amazon's own brand has an average of 4.3 stars reflecting consumer satisfaction levels.</p>\n<p><b>Amazon Ads</b></p>\n<p>This is one of the biggest surprises and most undervalued assets that Amazon currently has. Advertising revenue is a source of income that is growing at an accelerated rate; we are talking about the fact that only 5 years ago, it was non-existent and now it is doubling every two years:</p>\n<p><img src=\"https://static.tigerbbs.com/1174f49304a8d987eeffaabd69393d14\" tg-width=\"548\" tg-height=\"412\" referrerpolicy=\"no-referrer\">This evolution makes sense, considering that Amazon is the most powerful showcase globally to sell products, so being able to appear in the top positions is undoubtedly something very interesting for products. We are talking about a gigantic market where Amazon is just scratching the surface.</p>\n<p>Considering the advertising spending of listed defensive consumer companies, we can get an idea of the size of this market, where Amazon has not yet monetized practically anything. Proof of the potential is simply to look at the growth in sales over the last few years, which gives us an idea of what is behind this market.</p>\n<p>Advertising continues to shift to digital, and according to eMarketer, online advertising will account for approximately 64% of total advertising by 2024. This makes sense considering that it is much more direct advertising and reaches the consumer better than traditional media (TV, radio).</p>\n<p><img src=\"https://static.tigerbbs.com/5af8cc7425a991f2e6d6e94f71d29fbd\" tg-width=\"568\" tg-height=\"354\" referrerpolicy=\"no-referrer\">Amazon within digital advertising is the greenest, in earlier stages while Google and Facebook are already much more mature advertising platforms.</p>\n<p>It is undoubtedly effective advertising, do we have doubts that it is a boost in sales to appear at the top of the most important Marketplace in the world? We certainly do not. We believe that it is a part of income that makes a lot of sense and will grow exponentially. The structure of Amazon searches is usually as follows:</p>\n<p><img src=\"https://static.tigerbbs.com/18aa88ac767b673ccddb587eb8bc7d01\" tg-width=\"623\" tg-height=\"458\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Amazon Healthcare</b></p>\n<p>Although you find little more than a footnote about the Healthcare part of the business in Amazon's accounts, Amazon and TAM's plans for this segment are very strong. In November 2020Amazon Carewas approved in WA and will be present in 50 states by the summer and enable the distribution of prescription drugs, opening up a range for exciting new revenues.</p>\n<p>Amazon Care is Amazon's online clinic, which is expanding staff from the end of 2020. Amazon care launches as an internal trial (many Amazon divisions are born this way) in autumn 2019, offering a virtual medical clinic to employees to facilitate access to high-quality primary care online (although home visits are available in some areas). This initiative makes perfect sense in the United States, where healthcare is not universal and health insurance is expensive.</p>\n<p>With Amazon Care you also have urgent care through its application; the services offered by the application are:</p>\n<ul>\n <li>Make an appointment</li>\n <li>In-person follow-up care (select states only)</li>\n <li>Medical examinations</li>\n <li>24/7 service team, 365 days a year.</li>\n <li>Recipes delivered to your home.</li>\n <li>Vaccines.</li>\n <li>Virtual consultation.</li>\n</ul>\n<p>Within the application itself you have Care Chat, a chat that allows you to connect with registered nurses to get advice on health problems.</p>\n<p>Amazon intends to offer this service to independent companies seeking to provide this service for their employees and families. This segment will take time and where it is necessary to have a long-term vision, although the potential is certainly high.</p>\n<p>Amazon is interested not only in the pharmacy business, a B2C business but also in the B2B segment of medical device distribution, which would save a lot of paperwork for hospitals as it is a more direct distribution agreement that could save administrative procedures such as GPOs.</p>\n<p>Concerning the pharmacy side, it is clear that Amazon fits mostly into the hybrid physical plus online presence, emphasizing the online side.</p>\n<p>The combination of Whole Foods + Amazon and Prime Now is powerful for this approach and Amazon already distributes many pharma products. However, I expect a substantial increase and greater efficiency (in terms of delivery times in Europe) in adding new products to the platform.</p>\n<p>It is clear that Amazon is interested in the points mentioned above and this is reflected in its chronological evolution:</p>\n<ul>\n <li>In 2018 Amazon launches its own brand: Basic Care.</li>\n <li>In 2018 it acquired an online pharmacy: PillPack, which operates with a digital license in 49 states covering 90% of American households.</li>\n <li>Late 2018 reported talks with startup Xealth and the hospital network to allow doctors to purchase medical devices.</li>\n <li>Reported in 2018 negotiations to buy MedPlus a company with 1,400 pharmacy outlets in India.</li>\n <li>September 2019 launches Amazon Care.</li>\n <li>B2B growth has been more than x10 since 2016.</li>\n <li>March 2021 national expansion of Amazon Care to begin in the summer of 2021.</li>\n <li>Launch of Amazon Pharmacy in 2020.</li>\n</ul>\n<p>Selling pharmacy products with the Whole Foods combination allows for 2-hour delivery in the USA, which is very interesting thanks to Amazon's logistical features.</p>\n<p>Amazon has been taking steps in this direction for a few years and the most complicated part, which is to establish the infrastructure, is already more than done. Right now, Amazon can sell in the U.S. both online and via \"mail,\" the two most widely used, so its entry into this segment is already complete:</p>\n<p>The final launch ofAmazon Pharmacycame in November 2020 through which prescription drugs will be available. It is currently approved in 45 states which means covering 90% of the American population. Amazon Pharmacy has a proposal to save 80% on generic and 40% on brand-name drugs when you do not pay with insurance and compare the price you get on Amazon with that of another possible distributor.</p>\n<p>For any user who does not have insurance, currently, the prices offered by Amazon are the lowest. Those Prime users on Prime RX will receive discounts between 40-80% with deliveries of less than 2 days (free delivery).</p>\n<p>The Amazon Pharmacy market is gigantic; we are talking about a market that moves more than $350b a year where two-thirds are distributed in retail and one-third via mail. Amazon is already able to reach the retail market and is working on reaching the mail order part, as this is a different market that usually works for chronic ailment drugs on autopilot.</p>\n<p>An important point provided by Amazon Pharmacy is the collection of user data. As an online registry, you have the data of the profile of medicines that a certain person consumes, so this information is precious for certain players.</p>\n<p>There are currently three Amazon pharmacy services:</p>\n<ol>\n <li><b>Amazon Pharmacy:</b>allows customers to order prescription drugs for home delivery. Orders are delivered in discreet packaging to the customer's preferred address. Medications require a prescription from a licensed health care provider.</li>\n</ol>\n<ol>\n <li><b>PillPack by Amazon Pharmacy:</b>part of Amazon Pharmacy and remains a distinct service for customers taking multiple medications daily for chronic conditions.</li>\n</ol>\n<ol>\n <li><b>Amazon Prime:</b>Offers Prime members access to low prices on many brand names and generic prescription drugs when paying without insurance. It can be used to get discounts of up to 80% on generic drugs and 40% on brand-name drugs at more than 50,000 participating pharmacies nationwide, including Amazon Pharmacy and the PillPack by Amazon Pharmacy service.</li>\n</ol>\n<p>Understanding where Amazon is positioned, the opportunity is enormous:</p>\n<ul>\n <li>Retail sale of medicines</li>\n <li>B2B sales of medical devices</li>\n <li>Online medical care.</li>\n</ul>\n<p><b>Gaming and Twitch</b></p>\n<p>Amazon has made several 2014 acquisitions related to gaming; the chronology would be as follows:</p>\n<ol>\n <li>In 2014 Amazon acquires Doublé Helix Games.</li>\n <li>Also in 2014, Amazon acquired Twitch.</li>\n <li>In 2016 it launched a tool: Lumberyard that enables game development.</li>\n <li>In 2016, it acquired the online gaming portal \"Curse.\"</li>\n <li>2018 acquires GameSparks.</li>\n</ol>\n<p>Of all the acquisitions made, absolute reality is twitch, achieving spectacular user and viewing metrics and wild growth.</p>\n<p>The future lies in the cloud and subscriptions, as well as in in-game purchases. Console and game sales have been flat for a few years or with fragile growth, and it is the subscription, cloud and multiplayer, and in-game purchases that have been growing.</p>\n<p>In the future, it is foreseeable that this trend will accelerate with cloud gaming being the clear dominator and console sales declining at high rates, so positioning in this segment will be key to absorb sales in the form of subscription: PlayStation Now, GeForce Now, Stadia.</p>\n<p>Distribution has already changed a lot but from now on the changes are expected to intensify. In the past, the Publisher published the game on the platform or console and the platform or console delivered it to the consumer.</p>\n<p>The new distribution will start from the cloud so that the relationship will start from Azure, AWS or the corresponding player. The broadband provider will come into play and finally, the corresponding cloud platform (Stadia, PlayStation Now...). In this part, there will clearly be a strong growth and where everything remains to be done and positioned.</p>\n<p><b>Music and Video</b></p>\n<p>The $8.45 billion acquisition of Metro Goldwyn Mayer(NYSE:MGM)is significant for Amazon, the company's second-largest acquisition after the $13.7 billion Whole Foods deal in 2017, but representing just half of 1% of AMZN's market capitalization.</p>\n<p>Through the acquisition, AMZN gains access to MGM's extensive library of more than 4,000 films, including notable franchises such as James Bond, Rocky and Tomb Raider. AMZN also acquires 17,000 television programs, including series (Fargo, The Handmaid's Tale) and shows (Shark Tank, The Voice).</p>\n<p>MGM accumulates more than 180 Academy Awards and 100 Emmys. Overall, the MGM deal should allow Amazon to create a more compelling Video offering to attract new subscribers for the Prime ecosystem. The great advantage of streaming and Prime subscription is that it is a business of scale where MGM's acquisition costs are diluted the broader the user base, which is enhanced by this acquisition.</p>\n<p>With 175M users on Prime video and 200 on Prime, this acquisition will possibly catalyze to create new subscribers.</p>\n<p>MGM's content is important and the intellectual property acquired by Amazon, which will allow it to produce more original and exclusive content, which will allow it to compete in a more relevant way with Netflix and Disney.</p>\n<p>We do not rule out that there may be more acquisitions on the video side. The larger the subscriber base, the higher the acquisition costs are diluted over a higher base, positively feeding back into the Prime ecosystem.</p>\n<p>As for the price, it is clear that it has not been a cheap purchase, although the important thing is what its integration means more than what MGM currently generates. We are talking about 25x EBITDA, which is in the highest range of M&amp;A in the average sector. It is understandable considering the current valuations in the markets; of course these have not helped the price to be \"cheap.\" From a broad point of view the integration makes sense in the ecosystem that Amazon is trying to create with Prime.</p>\n<p>When it comes to integrating MGM into Amazon, an important question arises: Is Amazon going to do without the 60% of MGM's revenue generated from content licensing? Is it not going to do without it?</p>\n<p>In the first case, it would become exclusive content of Amazon, generating more value for Amazon Video; in the second case it would not contribute much value to Amazon Video considering that it would not be exclusive content.</p>\n<p><b>Venture Capital</b></p>\n<p>Amazon allocates a small part of its cash to investments in startups and although it is not transparent about this, we do know the intentions of these investments.</p>\n<p>The Amazon Alexa Fund (200M) has a focus on integrating health issues into the home by investing in startups such as Aiva (a virtual assistant that connects seniors with their healthcare service), Tonal (artificial intelligence for home fitness) and Zwift (a virtual cycling app).</p>\n<p>It has recently launched another fund that will invest in Indian startups, mostly related to Healthcare fabrics.</p>\n<p><b>Risks</b></p>\n<ul>\n <li>Covering too many different products or markets: The bets on Amazon Music, Amazon Video and the like, at the moment do not have too much of a view to succeed. Amazon's purpose indeed is to offer an attractive package, not the product separately.</li>\n <li>Bezos' departure should not affect too much considering the company's size, but it is clear that he has been a key figure in Amazon's evolution.</li>\n <li>Regulation. A company of Amazon's size will always face regulatory risks.</li>\n <li>A slowdown in AWS is currently driving operating profit.</li>\n <li>That all the optionality of new business lines does not end up fitting.</li>\n</ul>\n<p>Waymo, although it may not seem like it, is a threat to Amazon. The number of miles traveled by Waymo is increasing and its development is becoming more mature.</p>\n<p>Google with its powerful search engine could create an interesting combination with the shopping part in which you buy through Google, the retailers have the inventory and the logistics are Waymo itself delivering the product autonomously in a short period of time:</p>\n<p><img src=\"https://static.tigerbbs.com/495a0f59e25265e21fd12b548f93b3f1\" tg-width=\"640\" tg-height=\"167\">Amazon has been working for years on drone delivery and making deliveries increasingly efficient, so it has been protecting itself from this potential latent risk for years.</p>\n<p>In the end Amazon wants the process to be as follows:</p>\n<p><img src=\"https://static.tigerbbs.com/9b304d1db1ca34a56deecd34a2e89a2c\" tg-width=\"613\" tg-height=\"344\"><b>Working Capital</b></p>\n<p>To understand Amazon's FCF, it is important to talk about Amazon's working capital changes, as these are very peculiar. The first quarter is always very negative, penalizing the CFO. The following quarters the Working Capital changes neutralize the effect of the first quarter, bringing cash flow to Amazon. This happens mainly because at the end of the year there are many pending payments to suppliers and expenses to be settled, so that at the beginning of the year when these accounts are settled, the changes in working capital are very negative, hurting Amazon's operating cash flow.</p>\n<p><b>Profitability</b></p>\n<p>Amazon's profitability has varied substantially as they have started investing aggressively in the business and growing their assets and capital employed considerably. We are talking about an 80-fold increase in assets since 2006, which reflects the lines I have previously discussed.</p>\n<p>As margins are expanding, the path of improving return on assets and capital employed has returned, with ROCE currently at 20%, ROE at 23% and ROA at 7%. Undoubtedly, these are levels that indicate that Amazon is a quality company. As a note, Amazon is in a period of intensive investments and with a clear potential for margin expansion in the future, so it would be foreseeable that these metrics will continue to rise.</p>\n<p><img src=\"https://static.tigerbbs.com/9b00f1639fd6bc917998f038f3ff60ec\" tg-width=\"597\" tg-height=\"335\"></p>\n<p><b>Valuation</b></p>\n<p>Amazon is a complicated company to value because of its size and the point at which it finds itself; large investments and very high margin expansion potential.</p>\n<p>It currently trades at around 60x EV/FCF. Still, if we normalize both Working Capital and Capex (it has increased from 5% of sales to 9%), we would be talking about 35x EV/FCF for a company with very high quality and with most of the divisions only scratching the surface of their potential.</p>\n<p>Just by looking at the multiples, we could already say that it is reasonable considering the prospects and position of the business.</p>\n<p>It currently trades at about 36x EV/FCF, below its average EV/FCF multiple considering a normalized WC and normalized CAPEX. This already gives us an idea that it can be a company to consider as Amazon today is a much stronger business than 10 years ago.</p>\n<p><img src=\"https://static.tigerbbs.com/0d462cfa442b191e5e27213180f5ad9b\" tg-width=\"556\" tg-height=\"336\">If we project sales and FCF assuming conservative assumptions and normalizing both Cash Flow and Working Capital we obtain the following estimates:</p>\n<p><img src=\"https://static.tigerbbs.com/8546c6d09613082ad5d6e1fdef607bea\" tg-width=\"640\" tg-height=\"214\">Under these assumptions, we performed a valuation by multiples and DCF:</p>\n<p><img src=\"https://static.tigerbbs.com/2d0e31590998b2af7f9f7209db841f59\" tg-width=\"251\" tg-height=\"410\">We would be buying Amazon at a reasonable price without assuming that any of the above optionalities explode, so the margin of safety is wide even though the upside is tight.</p>\n<p><b>Conclusion</b></p>\n<p>Amazon is a company that is reaping the rewards after decades of sowing. These are the years where surprises start to emerge, margins start to expand, and more optionality starts appearing. Having the opportunity to acquire a company of this quality at a \"reasonable\" price is one of those opportunities, from a profitability-risk point of view, that in the long term make the difference.</p>\n<p>It is important to closely follow the evolution of the different segments and the optionality associated with them and the ARPUS of the international segment since it is the one with the greatest potential.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon: A No-Brainer For The Next 10 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon: A No-Brainer For The Next 10 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 23:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4433845-amazon-stock-amzn-no-brainer-for-the-next-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAmazon maintains high advertising potential.\nThe recent approval of Amazon Pharmacy provides a huge TAM.\nThe company has an interesting future operating leverage due to high capex deployed in...</p>\n\n<a href=\"https://seekingalpha.com/article/4433845-amazon-stock-amzn-no-brainer-for-the-next-10-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4433845-amazon-stock-amzn-no-brainer-for-the-next-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1127823989","content_text":"Summary\n\nAmazon maintains high advertising potential.\nThe recent approval of Amazon Pharmacy provides a huge TAM.\nThe company has an interesting future operating leverage due to high capex deployed in logistics.\n\nInvestment Thesis\nAmazon(NASDAQ:AMZN)is one of the best-known companies in the world, it seems difficult to discover something new in it but the reality is that there is a lot to discover. After performing this in-depth analysis of Amazon, I have realized that most segments are in their early stages. The current valuation is very attractive considering that they are just scratching the surface of the potential of these divisions.\nAmazon Healthcare has a huge TAM through Amazon Pharmacy and Amazon Care (telemedicine). Both divisions are newly approved, so as of today, they contribute virtually nothing to Amazon's bottom line.\nThe retail part has a long way to go, with a lot of room for growth with its omnichannel for supermarkets, increases in ARPU, FBA.\nOn the other hand, digital advertising is eating the world, and Amazon has recently been getting into it (since 2015). Part of Amazon's advertising five years ago was generating hardly any profit, now it is doubling revenues every two years and this has just begun. Amazon is the most powerful product marketplace globally, so it makes perfect sense that the wild growth in advertising continues to grow at high rates.\nWe still have the optionality in gaming, the growth in prime ARPUs, the Audio and Video division, in short, numerous segments that have not yet started to contribute sales and Amazon is currently trading at about 35x normalized FCF, expensive? In our opinion considerably cheaper than the multiples at which the market is trading.\nProduct\nAmazon is a company that has always had a long-term focus. This means that since its inception, it has renounced short-term profitability to become one of the most important companies in the world in the long term. There is no doubt that it has achieved this goal and we are right at the moment where Amazon is beginning to reap what has been sown for so many years.\nIn its early days, Amazon focused on the user experience when shopping online. Amazon offered a simple, accessible and universal way to buy products to guarantee the highest number of reviews and arrive in record time. In addition, acquiring a product on Amazon carries the guarantee of delivery of the same; this means that if you have any kind of problem with the reception of the product, Amazon solves it in record time.\nThis first phase has been very successful and has been the foundation of Amazon 2.0, which has been integrating more and more services and improving its original product: e-commerce. This image summarizes very well the evolution of Amazon from a Prime 1.0 to a Prime with a much higher added value.\nThanks to this user experience created by Amazon, it has been one of the main contributors (or rather the main contributor) to the explosive evolution of e-commerce, making its penetration increasingly higher and its growth very high.\nAccording toStatistadata, e-commerce penetration worldwide is 50.8% in 2021 and is expected to reach 63.1% in 2025. Average spending per person exceeds $700 per year. Between 2020 and 2025, e-commerce revenues are expected to grow by 50%, so far from being a mature market, it is still growing strongly.\nAmazon Prime\nWe all know what this service entails, so I am not going to explain it at length. More and more new services are being integrated into Amazon Prime, making it one of the must-have subscriptions for users.\nA chronological summary of Amazon's evolution in the US (its most mature market) is essential to understand the evolution of prices and value-added over time.\nAmazonlaunches Prime subscription in the US in 2005for $79 per year. In 2006, Amazon moved forward and launched Fulfilled by Amazon. This service allows sellers to have a store on Amazon and ship their products for a fee. These products then become eligible for Amazon Prime, increasing the assortment and selection available to customers.\nStarting in 2011, Amazon included Prime Video in subscriptions, which meant 5,000 movies and series for every subscriber.\n2014 was a great year for Prime, not only because there were many new services added, but also because there was the first price increase, Amazon raises from $79 to $99 the subscription in the U.S. This same year Amazon Prime Pantry is launched, offering customers the ability to buy essential supermarket products (toilet paper, drinks, creams) for a meager fee and regularly. Also in 2014, Amazon Music was launched with the Prime subscription, giving access to a catalog of 60M songs, on a par with the best streaming services. Amazon photos are also launched, a service that offers high-resolution photo storage with Amazon's own subscription. Finally, Amazon launches; Amazon Now, a supermarket service in which you receive your products in 2 hours (or one in certain areas) with free shipping cost from $ 50.\nIn 2015 Amazon Prime Day was created to celebrate the 20th anniversary, in which 24 hours offers to appear to be the day of Amazon's biggest sale since its launch.\nIn 2016, same-day delivery to 27 metropolitan areas was introduced. Prime also joins Prime, Prime Reading, which offered more than 1,000 books and magazines free of charge.\nIn 2017, an agreement was formed with Chase to create a credit card that offers Prime subscribers at no added cost a 5% cash back at Amazon or Whole Foods for purchases made. Prime Wardrobe is also launched in 2017, a service that allows you to try on clothes, jewelry or similar in a period of 7 days before having to pay. That same year Amazon Key is launched, a smart lock that allows opening the home from the Smartphone to trusted people (seeing through an integrated camera), open the door from your own Smartphone or with a personal code. In addition to this, it allows Prime members to receive Amazon packages in their garage, house, without needing a key, simply through the APP.\nIn 2017, the acquisition of Whole Foods was made, which is integrated into Amazon with discounts, free shipping or cashback when paying by card.\nIn 2018 comes a second price increase from $99 to the current $119, an increase of $40 since its launch in 2005.\nIn 2019, Amazon Fresh launched Prime subscribers, offering free in select cities fresh grocery delivery service.\nFinally, in 2020 Amazon Prime Gaming is launched, a service built into the Prime subscription that provides free games, exclusive gaming content and a free Twitch subscription.\nThe evolution of Prime has been impressive, incorporating new services year after year to make Amazon's subscription indispensable in our lives. Seeing the evolution in subscribers, it seems evident that it has achieved its purpose.\nPrime's evolution has taken us to200M subscribers in 2020globally of which 153M are from the US.\nSource: Emarketer, Statista\nGiven the penetration, Prime's growth has slowed down in recent years, although users are becoming more and more accustomed to the service and it is becoming one of the essential subscriptions. This in our opinion, will lead to pricing power, something we have already seen in the United States, where the price for the subscription is substantially higher than the international subscription.\nBelow is a comparison of subscription costs in different countries:\nPrices have risen compared to2018(these are as of year-end 2020). It is expected that prices will continue to rise gradually to generate higher earnings per user (ARPU).\nThe first thing we notice is that the disparity between countries is high. In my opinion, where there is more room for prices to converge is in Europe, as Prime becomes more mature and incorporates higher quality content (as it has done in the US). This table shows that there is still a long way to go in terms of ARPU. Even in the US the price of an Amazon Prime subscription, taking into account everything included (music, video, access to Pharmacy, free shipping, storage), is well below other comparable subscriptions.\nPenetration in the United States is at its highest, 77% of people who buy on Amazon are Prime users. In 2020 this percentage was 67% so we have substantial growth; in fact it is one of the highest growth rates in the last decade.\nThe Prime user is more profitable since he/she tends to spend 2-3 times more per month than a non-Prime user. In e-commerce, Amazon is the clear dominator with amarket sharein the United States of more than 50%. Being the clear dominator in a market thatwill grow at double digitsfor the next 5 years (probably also for the next 10 years) is undoubtedly very interesting. Another important point is that retail is a huge market where Amazon is just scratching the surface but has certainly positioned itself to capture more and more market share as the years go by. Amazon has only9% ofUS retail sales, while Walmart has 9.5%. To give you a sense of Amazon's traction, in 2019 it only had 6.8%. Although it is clear that COVID has helped it gain traction, over the years it has always been gaining more market share. Amazon knows this and is substantially increasing fulfillment CAPEX.\nThe maturity of the Prime subscriber is also something important. As the years go by the Prime subscriber tends to consume more, so we could say that even a Prime subscriber has a rump-up period as we can see in this graph:\nIn certain markets such as India, where Amazon has focused a lot of attention and investment, Prime membership growth has been exceptional. According to the head of Prime in the country, Prime membership has doubled between 4Q17 and 2Q19. While some of that growth may have been driven by Amazon's material investment in local digital content and Prime rate incentives, we believe many of these members will become more engaged retail customers as their financial situation improves over time.\nThere are doubts about whether the momentum resulting from COVID in e-commerce will slow down with the reopening of e-commerce. Data from the first quarter of 2021 (with a reasonable reopening) shows that far from slowing down, growth has even accelerated above pre-COVID levels. This makes sense as certain users are reluctant to shop online and have been relatively forced during the quarantine. Having made purchases online has allowed them to lose that fear and become e-commerce users that would have taken longer to become so had it not been for COVID.\nCurrently, 66% of GMVs (Gross Merchandise Value or total amount transacted in resales without discounts) come from the United States, the most mature market. In the future, the projection is that the mix of GMVs between US and Non-US will converge to 50% since it is in the rest of the markets where growth is currently highest.\nMarket penetration is gradual and to get an idea of how it is evolving; we must look at the most mature market: the United States.\nCurrently, 67% of U.S. households with internet have a Prime subscription.\nFulfillment by Amazon (FBA)\nMore than half of the units purchased on Amazon's global marketplaces are sold by third-party merchants: sellers large and small who benefit from having access to Amazon's millions of customers. Your Seller Care business enables you to offer a wide selection of products by engaging these sellers and helping them manage their business on the platform.\nFulfillment by Amazon (FBA) is a program that allows sellers to ship their inventory to Amazon's distribution centers, where they create, pack and ship orders for them, as well as handle customer service and returns for them. Their products become part of the Prime program, so they reach an even larger audience, and the seller spends fewer resources on inventory management and shipping.\nFBA started in 2005 with just a handful of vendors. Teams of business and technical professionals build all the systems that enable it, including tools that provide real-time data and reports and allow companies to manage their inventories remotely and from any device.\nThe fulfillment part benefits from operational leverage, managing to contain unit costs and generating a higher and higher free cash flow. To understand the service in greater depth, we can look at Amazon's FBA service fees to third parties, which occupy almost 50% of the GMVs.\nAmazon has been investing in its fulfillment network for many years, reinforcing its increasingly evident MOAT regarding logistics capacity and customer experience. So high has been the deployment of Capex that today it even rivals companies whose core business is precisely that:\nSource: Annual report, FactSet estimates\nWith the scale that Amazon has acquired, it would not be unreasonable to become a more efficient logistics platform than even pure competitors.\nThe graph shows how the simplest route an order can take is directly from the seller to the buyer through a third-party service, where Amazon never actually touches the product, only puts the Marketplace.\nFor orders that do go through Amazon's network, the company groups inventory into three different categories:\n\nSmall classifiable: consumer items that make up the majority of the business. These are everyday items such as books, video games, and small-weight items.\nLarge sortable: Items with a higher weight may require more manual systems due to their size.\nLarge unsortable: Items that due to their size or weight, are handled with less automation, often in different locations and require more specialization for their preparation, such as specific packaging. Most of these shipments are delivered by third parties, mostly XPO.\n\nSmall and large collection and packaging facilities are usually located in the same building but separate divisions.\nA key defining characteristic of small and large sortable items is that they can fit into a box placed on a conveyor belt for automatic sorting.\nIntuitively, small sortable items are also where the company has implemented the most automation, including robotic picking functionality.\n2013 was a turning point for FBA. We are talking about the 1,050 fulfillment network points today; only 58 were open before 2014, or 5%. Before 2014 there were no airports; there was hardly any infrastructure compared to today. 2020 is once again a turning point; 45% of fulfillment centers have been or will be built after 2020.\nThis has undoubtedly been reflected in the 2020 CAPEX, which has risen considerably compared to previous years, from 5% to 9%. Excluding the increase in 2020 CAPEX, annualized growth since 2013 is 37%, above sales growth. Not all of this growth is due to fulfillment. Still, reading the letters from management, it is clear that a large part of this growth comes from this division, saying that the costs associated with \"last mile delivery\" had increased substantially.\nThis Capex is reflected in the evolution of the square meters of fulfillment:\nGrowth in line with all of the above.\nAmazon is also increasing its aircraft fleet, which started in 2016 following the agreement with ATSG and Atlas Air to lease 40 aircraft (20+20). Currently, the fleet of aircraft under lease is 82 plus 11 owned aircraft, a total of 93, so it has more than doubled the fleet in less than 5 years. These movements make clear Amazon's intentions to boost the air service. If it continues simultaneously, we would have about 200 aircraft in 2016 between leasing and ownership.\nIn the following image, we can see Amazon's air gateway network, with its usual spans. The network represents a key piece of the company's proprietary distribution network that has not been replicated by any other retailer and is a key function that allows Amazon to operate without the networks of third-party carriers.\nSource: Chaddick Institute\nIn Europe, it also has a network in the main capitals: Madrid, Barcelona, Paris, Milan, Rome, Cologne and Leipzig.\nThe current gap in the fleet is significant concerning UPS and FedEx, but Capex is deploying Amazon would not be surprised to have a similar fleet by 2030.\nAnd all this for what? Considering how much Amazon is spending on logistics, it's clear it has a purpose. FBA sales went from $1b in 2011 to $40b in 2020, a significant jump. Rumors indicate that Amazon would like to start competing with UPS and FedEx in offering their services not only for its Marketplace but also for third parties. This may be indicative of the program launched in 2017 \"Seller Flex) which is a variant of the FBA program but in-house. This means that you can leverage Amazon's logistics tools without having to deposit inventory in Amazon's fulfillment centers. This is already a very similar service to that provided by pure shipping players.\nFollowing the launch of FBA Onsite, Amazon began internal testing of Amazon Shipping, a third-party shipping service that complemented FBA onsite. Early on reports suggested that Amazon would be able to undercut third-party carriers by leveraging the capacity it already used for its own deliveries and eliminating added costs. After more than two years, Amazon Shipping remains an internal trial put on hold by the arrival of COVID, as Amazon itself needed all of its logistics capacity for internal use.\nIs there really an opportunity here? Let's look at the sales and operating profit of the main players: UPS and FedEx.\nBetween them they generate 40% of Amazon's sales and 53% of operating profit. Obviously, Amazon will not capture all the business from both, but it gives us an idea that it is a large market that can provide incremental sales for Amazon.\nConsidering all the opportunities on the table: Pharmacy, Grocery, Gaming, Advertising) Amazon Shipping will likely be delayed for a while, not one of the most immediate priorities. The deployed Capex itself serves for internal use with much more intense value chain control.\nWe can really see the benefits of that CAPEX for fulfillment in the gross margin. The cost of sales is associated with Amazon's shipping costs, both in-house and through third parties. As in-house shipping has been gaining scale through CAPEX deployment, the gross margin has been increasing, and this is entirely normal given that this segment is pure volume. This means that a company that does not move Amazon's volume will not be compensated for the Capex deployed by Amazon. Still, on the other hand, a company like Amazon that increases the number of shipments in double digits year after year shows that the higher the volume, the higher the cost savings per shipment that the CAPEX deployed will compensate. This is a key point, as Amazon has a greater weight in own shipping and less in third parties, it will acquire a higher gross margin because the cost of own shipping is significantly lower than using a third party such as UPS or FedEx.\nAWS\nWe believe that AWS will continue to be the dominant player in IaaS/PaaS as it captures most of the future growth in the industry due to its huge customer base.\nThere should be plenty of growth opportunities for all three vendors. Gartner's forecast for IaaS and PaaS implies a 25% revenue CAGR between 2020 and 2023 and a market of nearly $200 billion by 2023.\nAs for margins, they have danced between 20-30% despite aggressive pricing plans with a total of 20 discounts between 2018 and 2020 and so far 1 in 2021. The drop in margins in 2019 was due to an increase in investments for sales and marketing issues, which was only a short-term issue.\nAmazon is the clear dominator in the cloud market and although it has lost market share in recent years, this has not prevented it from growing at very high rates. What's interesting? The expectation is that thecloud marketwill grow from 2020 to 2025 at a compound rate of 17.5%. Considering that it is currently the company's division with the best margins, this is great news for Amazon's future.\nAmazon'sbacklogis accelerating its growth; we talk about the last year has grown more than 50% YoY while AWS sales growth is more in line with 30%. The backlog is contracts with an average maturity period of 3 years that end up materializing in sales, so seeing the rate at which it is growing is certainly very interesting.\nBacklog contracts are usually with large companies to whom they make offers with consequent price cuts. AWS is being aggressive but can afford to be given the margins it operates on.\nThe backlog currently exceeds $50b, which should materialize over an average period of 3 years. This will be AWS sales but does not mean that these are the only sales that will materialize as there will continue to be growth in shorter-term contracts as at present.\nSource: Annual Report & Morgan Stanley Estimates\nThis graph shows exciting data. As I mentioned, the backlog has accelerated its growth while sales per se have been maintained (the last quarters). In the medium term, both curves will tend to converge.\nSupermarket\nThe supermarket sector is gigantic and today, Amazon's US market share in this segment is less than 3% of 2020 sales. Considering that Amazon's penetration in this segment is increasingly higher and that Amazon is learning more and more due to the integration of Whole Foods and the opening of Fresh, Go stores and above all, physical locations.\nThe opening of the first Amazon Fresh store in California is very recent; we are talking about September 2020 and from that date until May 2020 the number has risen to 12. Considering the pace of openings, it is clear that Amazon wants to focus on an Omnichannel model where you can buy physically or online, whichever best suits your needs at any given time.\nAmazon stores average 35,000 feet in size, selling about $754 per foot, in line with comparables such as (Wegmans, Kroger, Ahold) so the pace of Amazon's store rollout will mean interesting incremental sales (depending on the number of stores)\nOn the other hand Amazon is focusing on the consumer experience.Amazon Dash Cartis turning the shopping experience into something totally different. It will have a small initial learning curve for the consumer, but it substantially improves the supermarket shopping experience once the concept is understood. We are talking about a supermarket cart with intelligence to account for every product you put inside automatically. You can leave with the purchase without having to go through the checkout or similar, and to all this add, it lets you know how much you have spent at each moment, making the experience much more efficient.\nTherefore Amazon offers an omnichannel experience in which you can buy online and receive same-day delivery for free (on orders over $50 for prime users). You can also place the order and pick it up at the store or simply buy it in the store itself; let's say it's a similar approach to Inditex.\nHaving the ability to do click & collect or simply order to home delivery allows stores to leverage stores in various ways that will generate operational leverage and increased margins as order volumes increase.\nThe current trend is towards healthy food and in Amazon Fresh Stores, there is ample space for fresh and prepared food; we have space for fresh seafood, a sushi bar or even fresh pizza in the supermarket itself.\nReviews of the Amazon Fresh stores on google are very positive, with an average of 4.3 stars across all 12 locations and over 3,000 votes.\nIn a survey conducted by UBS in its 7th annual eCommerce survey, all respondents were asked the main reasons for buying online. With 43% of the answers, the most chosen was the convenience and comfort of doing it. It was a key point for the penetration to continue increasing since it is not because of something temporary such as prices, greater selection, but because of something structural.\nOn the opposite side, reasons for not buying online would be in the first position with 45% \"I prefer to see and touch the product.\" Another main reason is that it is easier to buy physically and this can be key, making online shopping more accessible with improvements to the process itself.\nTo get an idea of how the Amazon Groceries process works we have the following scheme:\nLooking at the schematic, it is easy to understand how Whole Foods fits into the process. Having incorporated physical stores, they serve as a logistics hub for shipments, allowing Amazon to improve efficiency.\nIn addition to being focused on all the aspects mentioned above, Amazon has also been concerned about generating its own brand, where margins are higher. An example of Amazon's own brands can be seen below.\nEspecially in the last few years (since 2017), Amazon's own brand has been significantly boosted. We talked about that in 2017 there were less than 20 Amazon own brands and very few products for sale. Currently, it has more than 120 own brands and 22,617 available. In addition, Amazon's own brand has an average of 4.3 stars reflecting consumer satisfaction levels.\nAmazon Ads\nThis is one of the biggest surprises and most undervalued assets that Amazon currently has. Advertising revenue is a source of income that is growing at an accelerated rate; we are talking about the fact that only 5 years ago, it was non-existent and now it is doubling every two years:\nThis evolution makes sense, considering that Amazon is the most powerful showcase globally to sell products, so being able to appear in the top positions is undoubtedly something very interesting for products. We are talking about a gigantic market where Amazon is just scratching the surface.\nConsidering the advertising spending of listed defensive consumer companies, we can get an idea of the size of this market, where Amazon has not yet monetized practically anything. Proof of the potential is simply to look at the growth in sales over the last few years, which gives us an idea of what is behind this market.\nAdvertising continues to shift to digital, and according to eMarketer, online advertising will account for approximately 64% of total advertising by 2024. This makes sense considering that it is much more direct advertising and reaches the consumer better than traditional media (TV, radio).\nAmazon within digital advertising is the greenest, in earlier stages while Google and Facebook are already much more mature advertising platforms.\nIt is undoubtedly effective advertising, do we have doubts that it is a boost in sales to appear at the top of the most important Marketplace in the world? We certainly do not. We believe that it is a part of income that makes a lot of sense and will grow exponentially. The structure of Amazon searches is usually as follows:\n\nAmazon Healthcare\nAlthough you find little more than a footnote about the Healthcare part of the business in Amazon's accounts, Amazon and TAM's plans for this segment are very strong. In November 2020Amazon Carewas approved in WA and will be present in 50 states by the summer and enable the distribution of prescription drugs, opening up a range for exciting new revenues.\nAmazon Care is Amazon's online clinic, which is expanding staff from the end of 2020. Amazon care launches as an internal trial (many Amazon divisions are born this way) in autumn 2019, offering a virtual medical clinic to employees to facilitate access to high-quality primary care online (although home visits are available in some areas). This initiative makes perfect sense in the United States, where healthcare is not universal and health insurance is expensive.\nWith Amazon Care you also have urgent care through its application; the services offered by the application are:\n\nMake an appointment\nIn-person follow-up care (select states only)\nMedical examinations\n24/7 service team, 365 days a year.\nRecipes delivered to your home.\nVaccines.\nVirtual consultation.\n\nWithin the application itself you have Care Chat, a chat that allows you to connect with registered nurses to get advice on health problems.\nAmazon intends to offer this service to independent companies seeking to provide this service for their employees and families. This segment will take time and where it is necessary to have a long-term vision, although the potential is certainly high.\nAmazon is interested not only in the pharmacy business, a B2C business but also in the B2B segment of medical device distribution, which would save a lot of paperwork for hospitals as it is a more direct distribution agreement that could save administrative procedures such as GPOs.\nConcerning the pharmacy side, it is clear that Amazon fits mostly into the hybrid physical plus online presence, emphasizing the online side.\nThe combination of Whole Foods + Amazon and Prime Now is powerful for this approach and Amazon already distributes many pharma products. However, I expect a substantial increase and greater efficiency (in terms of delivery times in Europe) in adding new products to the platform.\nIt is clear that Amazon is interested in the points mentioned above and this is reflected in its chronological evolution:\n\nIn 2018 Amazon launches its own brand: Basic Care.\nIn 2018 it acquired an online pharmacy: PillPack, which operates with a digital license in 49 states covering 90% of American households.\nLate 2018 reported talks with startup Xealth and the hospital network to allow doctors to purchase medical devices.\nReported in 2018 negotiations to buy MedPlus a company with 1,400 pharmacy outlets in India.\nSeptember 2019 launches Amazon Care.\nB2B growth has been more than x10 since 2016.\nMarch 2021 national expansion of Amazon Care to begin in the summer of 2021.\nLaunch of Amazon Pharmacy in 2020.\n\nSelling pharmacy products with the Whole Foods combination allows for 2-hour delivery in the USA, which is very interesting thanks to Amazon's logistical features.\nAmazon has been taking steps in this direction for a few years and the most complicated part, which is to establish the infrastructure, is already more than done. Right now, Amazon can sell in the U.S. both online and via \"mail,\" the two most widely used, so its entry into this segment is already complete:\nThe final launch ofAmazon Pharmacycame in November 2020 through which prescription drugs will be available. It is currently approved in 45 states which means covering 90% of the American population. Amazon Pharmacy has a proposal to save 80% on generic and 40% on brand-name drugs when you do not pay with insurance and compare the price you get on Amazon with that of another possible distributor.\nFor any user who does not have insurance, currently, the prices offered by Amazon are the lowest. Those Prime users on Prime RX will receive discounts between 40-80% with deliveries of less than 2 days (free delivery).\nThe Amazon Pharmacy market is gigantic; we are talking about a market that moves more than $350b a year where two-thirds are distributed in retail and one-third via mail. Amazon is already able to reach the retail market and is working on reaching the mail order part, as this is a different market that usually works for chronic ailment drugs on autopilot.\nAn important point provided by Amazon Pharmacy is the collection of user data. As an online registry, you have the data of the profile of medicines that a certain person consumes, so this information is precious for certain players.\nThere are currently three Amazon pharmacy services:\n\nAmazon Pharmacy:allows customers to order prescription drugs for home delivery. Orders are delivered in discreet packaging to the customer's preferred address. Medications require a prescription from a licensed health care provider.\n\n\nPillPack by Amazon Pharmacy:part of Amazon Pharmacy and remains a distinct service for customers taking multiple medications daily for chronic conditions.\n\n\nAmazon Prime:Offers Prime members access to low prices on many brand names and generic prescription drugs when paying without insurance. It can be used to get discounts of up to 80% on generic drugs and 40% on brand-name drugs at more than 50,000 participating pharmacies nationwide, including Amazon Pharmacy and the PillPack by Amazon Pharmacy service.\n\nUnderstanding where Amazon is positioned, the opportunity is enormous:\n\nRetail sale of medicines\nB2B sales of medical devices\nOnline medical care.\n\nGaming and Twitch\nAmazon has made several 2014 acquisitions related to gaming; the chronology would be as follows:\n\nIn 2014 Amazon acquires Doublé Helix Games.\nAlso in 2014, Amazon acquired Twitch.\nIn 2016 it launched a tool: Lumberyard that enables game development.\nIn 2016, it acquired the online gaming portal \"Curse.\"\n2018 acquires GameSparks.\n\nOf all the acquisitions made, absolute reality is twitch, achieving spectacular user and viewing metrics and wild growth.\nThe future lies in the cloud and subscriptions, as well as in in-game purchases. Console and game sales have been flat for a few years or with fragile growth, and it is the subscription, cloud and multiplayer, and in-game purchases that have been growing.\nIn the future, it is foreseeable that this trend will accelerate with cloud gaming being the clear dominator and console sales declining at high rates, so positioning in this segment will be key to absorb sales in the form of subscription: PlayStation Now, GeForce Now, Stadia.\nDistribution has already changed a lot but from now on the changes are expected to intensify. In the past, the Publisher published the game on the platform or console and the platform or console delivered it to the consumer.\nThe new distribution will start from the cloud so that the relationship will start from Azure, AWS or the corresponding player. The broadband provider will come into play and finally, the corresponding cloud platform (Stadia, PlayStation Now...). In this part, there will clearly be a strong growth and where everything remains to be done and positioned.\nMusic and Video\nThe $8.45 billion acquisition of Metro Goldwyn Mayer(NYSE:MGM)is significant for Amazon, the company's second-largest acquisition after the $13.7 billion Whole Foods deal in 2017, but representing just half of 1% of AMZN's market capitalization.\nThrough the acquisition, AMZN gains access to MGM's extensive library of more than 4,000 films, including notable franchises such as James Bond, Rocky and Tomb Raider. AMZN also acquires 17,000 television programs, including series (Fargo, The Handmaid's Tale) and shows (Shark Tank, The Voice).\nMGM accumulates more than 180 Academy Awards and 100 Emmys. Overall, the MGM deal should allow Amazon to create a more compelling Video offering to attract new subscribers for the Prime ecosystem. The great advantage of streaming and Prime subscription is that it is a business of scale where MGM's acquisition costs are diluted the broader the user base, which is enhanced by this acquisition.\nWith 175M users on Prime video and 200 on Prime, this acquisition will possibly catalyze to create new subscribers.\nMGM's content is important and the intellectual property acquired by Amazon, which will allow it to produce more original and exclusive content, which will allow it to compete in a more relevant way with Netflix and Disney.\nWe do not rule out that there may be more acquisitions on the video side. The larger the subscriber base, the higher the acquisition costs are diluted over a higher base, positively feeding back into the Prime ecosystem.\nAs for the price, it is clear that it has not been a cheap purchase, although the important thing is what its integration means more than what MGM currently generates. We are talking about 25x EBITDA, which is in the highest range of M&A in the average sector. It is understandable considering the current valuations in the markets; of course these have not helped the price to be \"cheap.\" From a broad point of view the integration makes sense in the ecosystem that Amazon is trying to create with Prime.\nWhen it comes to integrating MGM into Amazon, an important question arises: Is Amazon going to do without the 60% of MGM's revenue generated from content licensing? Is it not going to do without it?\nIn the first case, it would become exclusive content of Amazon, generating more value for Amazon Video; in the second case it would not contribute much value to Amazon Video considering that it would not be exclusive content.\nVenture Capital\nAmazon allocates a small part of its cash to investments in startups and although it is not transparent about this, we do know the intentions of these investments.\nThe Amazon Alexa Fund (200M) has a focus on integrating health issues into the home by investing in startups such as Aiva (a virtual assistant that connects seniors with their healthcare service), Tonal (artificial intelligence for home fitness) and Zwift (a virtual cycling app).\nIt has recently launched another fund that will invest in Indian startups, mostly related to Healthcare fabrics.\nRisks\n\nCovering too many different products or markets: The bets on Amazon Music, Amazon Video and the like, at the moment do not have too much of a view to succeed. Amazon's purpose indeed is to offer an attractive package, not the product separately.\nBezos' departure should not affect too much considering the company's size, but it is clear that he has been a key figure in Amazon's evolution.\nRegulation. A company of Amazon's size will always face regulatory risks.\nA slowdown in AWS is currently driving operating profit.\nThat all the optionality of new business lines does not end up fitting.\n\nWaymo, although it may not seem like it, is a threat to Amazon. The number of miles traveled by Waymo is increasing and its development is becoming more mature.\nGoogle with its powerful search engine could create an interesting combination with the shopping part in which you buy through Google, the retailers have the inventory and the logistics are Waymo itself delivering the product autonomously in a short period of time:\nAmazon has been working for years on drone delivery and making deliveries increasingly efficient, so it has been protecting itself from this potential latent risk for years.\nIn the end Amazon wants the process to be as follows:\nWorking Capital\nTo understand Amazon's FCF, it is important to talk about Amazon's working capital changes, as these are very peculiar. The first quarter is always very negative, penalizing the CFO. The following quarters the Working Capital changes neutralize the effect of the first quarter, bringing cash flow to Amazon. This happens mainly because at the end of the year there are many pending payments to suppliers and expenses to be settled, so that at the beginning of the year when these accounts are settled, the changes in working capital are very negative, hurting Amazon's operating cash flow.\nProfitability\nAmazon's profitability has varied substantially as they have started investing aggressively in the business and growing their assets and capital employed considerably. We are talking about an 80-fold increase in assets since 2006, which reflects the lines I have previously discussed.\nAs margins are expanding, the path of improving return on assets and capital employed has returned, with ROCE currently at 20%, ROE at 23% and ROA at 7%. Undoubtedly, these are levels that indicate that Amazon is a quality company. As a note, Amazon is in a period of intensive investments and with a clear potential for margin expansion in the future, so it would be foreseeable that these metrics will continue to rise.\n\nValuation\nAmazon is a complicated company to value because of its size and the point at which it finds itself; large investments and very high margin expansion potential.\nIt currently trades at around 60x EV/FCF. Still, if we normalize both Working Capital and Capex (it has increased from 5% of sales to 9%), we would be talking about 35x EV/FCF for a company with very high quality and with most of the divisions only scratching the surface of their potential.\nJust by looking at the multiples, we could already say that it is reasonable considering the prospects and position of the business.\nIt currently trades at about 36x EV/FCF, below its average EV/FCF multiple considering a normalized WC and normalized CAPEX. This already gives us an idea that it can be a company to consider as Amazon today is a much stronger business than 10 years ago.\nIf we project sales and FCF assuming conservative assumptions and normalizing both Cash Flow and Working Capital we obtain the following estimates:\nUnder these assumptions, we performed a valuation by multiples and DCF:\nWe would be buying Amazon at a reasonable price without assuming that any of the above optionalities explode, so the margin of safety is wide even though the upside is tight.\nConclusion\nAmazon is a company that is reaping the rewards after decades of sowing. These are the years where surprises start to emerge, margins start to expand, and more optionality starts appearing. Having the opportunity to acquire a company of this quality at a \"reasonable\" price is one of those opportunities, from a profitability-risk point of view, that in the long term make the difference.\nIt is important to closely follow the evolution of the different segments and the optionality associated with them and the ARPUS of the international segment since it is the one with the greatest potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165053456,"gmtCreate":1624082699175,"gmtModify":1703828518457,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Wow.. this is good…Can I have a like and comment pls","listText":"Wow.. this is good…Can I have a like and comment pls","text":"Wow.. this is good…Can I have a like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165053456","repostId":"1111305468","repostType":4,"repost":{"id":"1111305468","kind":"news","pubTimestamp":1624025497,"share":"https://ttm.financial/m/news/1111305468?lang=&edition=fundamental","pubTime":"2021-06-18 22:11","market":"us","language":"en","title":"Investors Leap at Chance to Double Their Money in 1,387 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1111305468","media":"Bloomberg","summary":"Want to know how sensitive investors are to tiny differences in interest rates? Look at what happene","content":"<p>Want to know how sensitive investors are to tiny differences in interest rates? Look at what happened after the Federal Reserve decided June 16 to raise&nbsp;the rate it pays on its overnight reverse repurchase facility to 0.05% from 0.00%.&nbsp;You’d need&nbsp;1,387 years to double your money at that puny rate. Still, it was enough to draw in $756 billion in funds on June 17, a 45% increase from when the Fed was paying a flat zero.</p>\n<p>That’s “just another affirmation of the glut of cash seeking any positive return,”&nbsp;Jonathan Cohn, a strategist at Credit Suisse Group AG, told Bloomberg.</p>\n<p>The massive flows of short-term money are mostly invisible to the general public, but they’re vital to big players such as money market mutual funds and Fannie Mae and Freddie Mac, the two giant companies&nbsp;in government conservatorship whose purchases of mortgage loans affect rates for homebuyers. Fannie, Freddie, and the money funds are believed to be among the big players that poured their spare cash into the Fed’s&nbsp;reverse repurchase facility—a kind of overnight parking lot for money—on June 17.</p>\n<p>There are differences of opinion over whether the Fed’s rate increase was necessary or wise. Zoltan Pozsar, the global head of short-term interest rate strategy for Credit Suisse, says the hike—as small as it might seem to a layperson—was too big. “I was arguing that there is no need to adjust anything,” Pozsar says. For the big players that are taking advantage of the Fed’s facility, he says, “It’s like Christmastime in the middle of summer.”</p>\n<p>Pozsar argues that the previous rate of zero was high enough because it ensured that the federal funds rate would not fall below the Fed’s target range of&nbsp;zero to 0.25%:&nbsp;Presumably&nbsp;no bank&nbsp;would lend federal funds at less than zero if it&nbsp;could earn zero&nbsp;by stashing money at the Fed’s reverse repurchase facility. Raising the overnight reverse repurchase rate to 0.05%, Pozsar says, makes it too much of a lure for money. “They basically turned an innocent facility that was serving as a floor to something more menacing that’s sucking money out of the system,” he says.</p>\n<p>Not everyone sees things&nbsp;that way. The rate hike certainly made life easier for money funds, which strive not&nbsp;to “break the buck”—that is, give investors back less money than they put in. It was&nbsp;hard to meet that commitment when the funds were earning zero and had to cover salaries and other expenses.</p>\n<p>The fear that the Fed’s facility will suck too much money out of the banking system (which Iwrote aboutlast week) is theoretical for now because banks are actually trying to shed deposits for various reasons, including regulations that make it costly for them to take in deposits and stash the money in Treasury securities or reserves at the Fed. If banks did decide they were losing too much in deposits to the Fed, they could simply raise deposit rates and pull the money back.</p>\n<p>Lorie Logan, an executive vice president of the Federal Reserve Bank of New York, who runs the bank’s trading desk, said in an April 15speechthat fears that the overnight reverse repurchase facility would suck too much money from the financial system “have not materialized in the intervening years, even through various periods of market stress.”</p>\n<p>Meanwhile, anyone stashing $1 billion&nbsp;in the facility can look forward to taking out $2 billion—in the year 3,408.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors Leap at Chance to Double Their Money in 1,387 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors Leap at Chance to Double Their Money in 1,387 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 22:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-18/investors-leap-at-chance-to-double-their-money-in-1-387-years><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Want to know how sensitive investors are to tiny differences in interest rates? Look at what happened after the Federal Reserve decided June 16 to raise the rate it pays on its overnight reverse ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-18/investors-leap-at-chance-to-double-their-money-in-1-387-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FNMA":"房利美",".DJI":"道琼斯","FMCC":"房地美"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-18/investors-leap-at-chance-to-double-their-money-in-1-387-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111305468","content_text":"Want to know how sensitive investors are to tiny differences in interest rates? Look at what happened after the Federal Reserve decided June 16 to raise the rate it pays on its overnight reverse repurchase facility to 0.05% from 0.00%. You’d need 1,387 years to double your money at that puny rate. Still, it was enough to draw in $756 billion in funds on June 17, a 45% increase from when the Fed was paying a flat zero.\nThat’s “just another affirmation of the glut of cash seeking any positive return,” Jonathan Cohn, a strategist at Credit Suisse Group AG, told Bloomberg.\nThe massive flows of short-term money are mostly invisible to the general public, but they’re vital to big players such as money market mutual funds and Fannie Mae and Freddie Mac, the two giant companies in government conservatorship whose purchases of mortgage loans affect rates for homebuyers. Fannie, Freddie, and the money funds are believed to be among the big players that poured their spare cash into the Fed’s reverse repurchase facility—a kind of overnight parking lot for money—on June 17.\nThere are differences of opinion over whether the Fed’s rate increase was necessary or wise. Zoltan Pozsar, the global head of short-term interest rate strategy for Credit Suisse, says the hike—as small as it might seem to a layperson—was too big. “I was arguing that there is no need to adjust anything,” Pozsar says. For the big players that are taking advantage of the Fed’s facility, he says, “It’s like Christmastime in the middle of summer.”\nPozsar argues that the previous rate of zero was high enough because it ensured that the federal funds rate would not fall below the Fed’s target range of zero to 0.25%: Presumably no bank would lend federal funds at less than zero if it could earn zero by stashing money at the Fed’s reverse repurchase facility. Raising the overnight reverse repurchase rate to 0.05%, Pozsar says, makes it too much of a lure for money. “They basically turned an innocent facility that was serving as a floor to something more menacing that’s sucking money out of the system,” he says.\nNot everyone sees things that way. The rate hike certainly made life easier for money funds, which strive not to “break the buck”—that is, give investors back less money than they put in. It was hard to meet that commitment when the funds were earning zero and had to cover salaries and other expenses.\nThe fear that the Fed’s facility will suck too much money out of the banking system (which Iwrote aboutlast week) is theoretical for now because banks are actually trying to shed deposits for various reasons, including regulations that make it costly for them to take in deposits and stash the money in Treasury securities or reserves at the Fed. If banks did decide they were losing too much in deposits to the Fed, they could simply raise deposit rates and pull the money back.\nLorie Logan, an executive vice president of the Federal Reserve Bank of New York, who runs the bank’s trading desk, said in an April 15speechthat fears that the overnight reverse repurchase facility would suck too much money from the financial system “have not materialized in the intervening years, even through various periods of market stress.”\nMeanwhile, anyone stashing $1 billion in the facility can look forward to taking out $2 billion—in the year 3,408.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166482811,"gmtCreate":1624022741833,"gmtModify":1703826797776,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"E-commerce is a very common and in trend thing","listText":"E-commerce is a very common and in trend thing","text":"E-commerce is a very common and in trend thing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166482811","repostId":"1140699063","repostType":4,"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166489268,"gmtCreate":1624022555054,"gmtModify":1703826792589,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Pls give me a like n comments pls","listText":"Pls give me a like n comments pls","text":"Pls give me a like n comments pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/166489268","repostId":"1147049745","repostType":4,"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":141840207,"gmtCreate":1625850124109,"gmtModify":1703749923265,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Noted… can some kind soul give me a like ? Thanks&nbsp;","listText":"Noted… can some kind soul give me a like ? Thanks&nbsp;","text":"Noted… can some kind soul give me a like ? Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/141840207","repostId":"1155625151","repostType":4,"repost":{"id":"1155625151","kind":"news","pubTimestamp":1625845018,"share":"https://ttm.financial/m/news/1155625151?lang=&edition=fundamental","pubTime":"2021-07-09 23:36","market":"us","language":"en","title":"Long-Term Prospects for Both Space Tourism and SPCE Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1155625151","media":"investorplace","summary":"Virgin Galactic(NYSE:SPCE) stock bucked the broader market selloff today, as SPCE stock surged rough","content":"<p><b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>) stock bucked the broader market selloff today, as SPCE stock surged roughly 20% on a day when most of Wall Street bled red. That’s quite impressive.</p>\n<p>Why is this happening?</p>\n<p>Virgin Galactic is booming becausethey’re sending Richard Branson into space on Sunday. This will be the first passenger spaceflight<i>ever</i>.</p>\n<p>This is a huge deal. Virgin has been saying it is going to fly people into space for over a decade. On Sunday, it’s going to make that long-term dream a reality. This moment, this coming weekend’s flight, is truly the culmination of 10-plus years of scientific work.</p>\n<p>And just to be clear. We very well could see a “sell the news” event on Monday. But we don’t think that will necessarily happen.</p>\n<p>Instead, we see this first commercial spaceflight as such a momentous accomplishment that it only serves to spark more buying power in SPCE stock.</p>\n<p>We’re looking for a price above $60 by next week.</p>\n<p>SPCE Stock Is a Long-Term Winner</p>\n<p>Our bullish outlook is also supported by a favorable long-term outlook on the company.</p>\n<p>We firmly believe that the space tourism industry will unlock significant economic value, and that Virgin Galactic will capitalize on this value.</p>\n<p>For one, demand for space travel will be enormous. There are a lot of rich people out there who are willing to spend next to anything for a novel experience. And flying to space is just about as novel an experience as you can find these days.</p>\n<p>Supply will be extremely limited, since only about two companies in the entire world will be able to offer commercial space tourism opportunities in the coming years.</p>\n<p>Big demand for space tourism and low supply means attractive unit economics, high margins and loads of profits.</p>\n<p>The long-term potential for space tourism is clearly here, and so is the long-term potential for Virgin Galactic.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Long-Term Prospects for Both Space Tourism and SPCE 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\">\nLong-Term Prospects for Both Space Tourism and SPCE Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 23:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2021/07/long-term-prospects-for-both-space-tourism-and-spce-stock/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Virgin Galactic(NYSE:SPCE) stock bucked the broader market selloff today, as SPCE stock surged roughly 20% on a day when most of Wall Street bled red. That’s quite impressive.\nWhy is this happening?\n...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/07/long-term-prospects-for-both-space-tourism-and-spce-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/07/long-term-prospects-for-both-space-tourism-and-spce-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155625151","content_text":"Virgin Galactic(NYSE:SPCE) stock bucked the broader market selloff today, as SPCE stock surged roughly 20% on a day when most of Wall Street bled red. That’s quite impressive.\nWhy is this happening?\nVirgin Galactic is booming becausethey’re sending Richard Branson into space on Sunday. This will be the first passenger spaceflightever.\nThis is a huge deal. Virgin has been saying it is going to fly people into space for over a decade. On Sunday, it’s going to make that long-term dream a reality. This moment, this coming weekend’s flight, is truly the culmination of 10-plus years of scientific work.\nAnd just to be clear. We very well could see a “sell the news” event on Monday. But we don’t think that will necessarily happen.\nInstead, we see this first commercial spaceflight as such a momentous accomplishment that it only serves to spark more buying power in SPCE stock.\nWe’re looking for a price above $60 by next week.\nSPCE Stock Is a Long-Term Winner\nOur bullish outlook is also supported by a favorable long-term outlook on the company.\nWe firmly believe that the space tourism industry will unlock significant economic value, and that Virgin Galactic will capitalize on this value.\nFor one, demand for space travel will be enormous. There are a lot of rich people out there who are willing to spend next to anything for a novel experience. And flying to space is just about as novel an experience as you can find these days.\nSupply will be extremely limited, since only about two companies in the entire world will be able to offer commercial space tourism opportunities in the coming years.\nBig demand for space tourism and low supply means attractive unit economics, high margins and loads of profits.\nThe long-term potential for space tourism is clearly here, and so is the long-term potential for Virgin Galactic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163050767,"gmtCreate":1623854249759,"gmtModify":1703821550298,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Pls give me a like... thank you&nbsp;","listText":"Pls give me a like... thank you&nbsp;","text":"Pls give me a like... thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/163050767","repostId":"2143879474","repostType":4,"repost":{"id":"2143879474","kind":"news","pubTimestamp":1623853920,"share":"https://ttm.financial/m/news/2143879474?lang=&edition=fundamental","pubTime":"2021-06-16 22:32","market":"us","language":"en","title":"Molecular Partners Announces Pricing of Initial Public Offering of American Depositary Shares in the United States","url":"https://stock-news.laohu8.com/highlight/detail?id=2143879474","media":"ACCESSWIRE","summary":"ZURICH-SCHLIEREN, SWITZERLAND / ACCESSWIRE / June 15, 2021 / Molecular Partners AG (SIX:MOLN), a cli","content":"<p><b>ZURICH-SCHLIEREN, SWITZERLAND / ACCESSWIRE / June 15, 2021 / </b><a href=\"https://laohu8.com/S/MOLN\">Molecular Partners AG</a> (SIX:MOLN), a clinical-stage biotech company developing a new class of custom-built protein drugs known as DARPin® therapeutics, today announced the pricing of its initial public offering in the United States of 3,000,000 American Depositary Shares ('ADSs') at a public offering price of $21.25 per ADS, for total gross proceeds of approximately $63.8 million. All ADSs sold in the offering were offered by Molecular Partners. Each ADS will represent <a href=\"https://laohu8.com/S/AONE\">one</a> Molecular Partners ordinary share. The new ordinary shares underlying the ADSs will be issued from Molecular Partners' authorized capital under exclusion of the existing shareholders' pre-emptive rights. In addition, Molecular Partners has granted the underwriters a 30-day option to purchase up to an additional 450,000 ADSs at the initial public offering price, less underwriting discounts and commissions.</p>\n<p>Trading of the ADSs is expected to commence on The Nasdaq Global Select Market on Wednesday, June 16, 2021 under the ticker symbol 'MOLN.' SIX Swiss Exchange ('SIX') approved the listing of the new ordinary shares underlying the ADSs as of June 17, 2021.</p>\n<p>On June 16, 2021, trading of the existing shares of Molecular Partners on SIX will be halted. If trading of the ADS on the Nasdaq will commence at 4 p.m. CEST on June 16, 2021 or any time before, trading of the shares of Molecular Partners on SIX will reopen on the same day. If trading on the Nasdaq starts later, trading of the shares in Molecular Partners on SIX will reopen on June 17, 2021 only.</p>\n<p>The offering is expected to close on or about June 18, 2021, subject to customary closing conditions.</p>\n<p>J.P. Morgan, SVB Leerink and Cowen are acting as joint book-running managers for the proposed offering. RBC Capital Markets is acting as the bookrunner for the proposed offering. Kempen &amp; Co is acting as the lead manager for the proposed offering.</p>\n<p>A registration statement on Form F-1 relating to these securities became effective on June 15, 2021. The securities referred to in this release are to be offered only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained, when available, for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, a written copy may be obtained for free from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204; SVB Leerink LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, MA 02110, by telephone at 1-800-808-7525, ext. 6105, or by e-mailing syndicate@svbleerink.com; Cowen and Company, LLC (c/o Broadridge Financial Services), 1155 Long Island Avenue, Edgewood, NY, 11717, Attn: Prospectus Department, by telephone at (833) 297-2926 or by email at PostSaleManualRequests@broadridge.com. The securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. In connection with the listing of the ordinary shares on the SIX, the registration statement on Form F-1 constitutes a foreign prospectus within the meaning of article 54 paras. 2 and 3 of the Swiss Financial Services Act of June 15, 2018 ('FinSA') and article 70 paras. 2-4 of the Swiss Financial Services Ordinance of November 6, 2019 ('FinSO'). The registration statement on Form F-1, including the preliminary prospectus, as well as the final prospectus, once available, will be deposited with the Prospectus Office of SIX Exchange Regulation. Further, the inclusion of the foreign prospectus in the prospectus list published by the Prospectus Office of SIX Exchange Regulation will be requested.</p>\n<p>This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. There is no intention or permission to publicly offer, solicit, sell or advertise, directly or indirectly, any securities of Molecular Partners in or into Switzerland within the meaning of FinSA.</p>\n<h4>About Molecular Partners AG</h4>\n<p>Molecular Partners AG is a clinical-stage biotech company developing DARPin® therapeutics, a new class of custom-built protein drugs designed to address challenges current modalities cannot. The Company has formed partnerships with leading pharmaceutical companies to advance DARPin® therapeutics in the areas of ophthalmology, oncology and infectious disease, and has compounds in various stages of clinical and preclinical development across multiple therapeutic areas.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Molecular Partners Announces Pricing of Initial Public Offering of American Depositary Shares in the United States</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\">\nMolecular Partners Announces Pricing of Initial Public Offering of American Depositary Shares in the United States\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 22:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/molecular-partners-announces-pricing-initial-020000537.html><strong>ACCESSWIRE</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZURICH-SCHLIEREN, SWITZERLAND / ACCESSWIRE / June 15, 2021 / Molecular Partners AG (SIX:MOLN), a clinical-stage biotech company developing a new class of custom-built protein drugs known as DARPin® ...</p>\n\n<a href=\"https://finance.yahoo.com/news/molecular-partners-announces-pricing-initial-020000537.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MOLN":"Molecular Partners AG","00626":"大众金融控股","00467":"联合能源集团","UBCP":"联合合众银行","AFG":"美国金融集团有限公司"},"source_url":"https://finance.yahoo.com/news/molecular-partners-announces-pricing-initial-020000537.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143879474","content_text":"ZURICH-SCHLIEREN, SWITZERLAND / ACCESSWIRE / June 15, 2021 / Molecular Partners AG (SIX:MOLN), a clinical-stage biotech company developing a new class of custom-built protein drugs known as DARPin® therapeutics, today announced the pricing of its initial public offering in the United States of 3,000,000 American Depositary Shares ('ADSs') at a public offering price of $21.25 per ADS, for total gross proceeds of approximately $63.8 million. All ADSs sold in the offering were offered by Molecular Partners. Each ADS will represent one Molecular Partners ordinary share. The new ordinary shares underlying the ADSs will be issued from Molecular Partners' authorized capital under exclusion of the existing shareholders' pre-emptive rights. In addition, Molecular Partners has granted the underwriters a 30-day option to purchase up to an additional 450,000 ADSs at the initial public offering price, less underwriting discounts and commissions.\nTrading of the ADSs is expected to commence on The Nasdaq Global Select Market on Wednesday, June 16, 2021 under the ticker symbol 'MOLN.' SIX Swiss Exchange ('SIX') approved the listing of the new ordinary shares underlying the ADSs as of June 17, 2021.\nOn June 16, 2021, trading of the existing shares of Molecular Partners on SIX will be halted. If trading of the ADS on the Nasdaq will commence at 4 p.m. CEST on June 16, 2021 or any time before, trading of the shares of Molecular Partners on SIX will reopen on the same day. If trading on the Nasdaq starts later, trading of the shares in Molecular Partners on SIX will reopen on June 17, 2021 only.\nThe offering is expected to close on or about June 18, 2021, subject to customary closing conditions.\nJ.P. Morgan, SVB Leerink and Cowen are acting as joint book-running managers for the proposed offering. RBC Capital Markets is acting as the bookrunner for the proposed offering. Kempen & Co is acting as the lead manager for the proposed offering.\nA registration statement on Form F-1 relating to these securities became effective on June 15, 2021. The securities referred to in this release are to be offered only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained, when available, for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, a written copy may be obtained for free from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204; SVB Leerink LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, MA 02110, by telephone at 1-800-808-7525, ext. 6105, or by e-mailing syndicate@svbleerink.com; Cowen and Company, LLC (c/o Broadridge Financial Services), 1155 Long Island Avenue, Edgewood, NY, 11717, Attn: Prospectus Department, by telephone at (833) 297-2926 or by email at PostSaleManualRequests@broadridge.com. The securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. In connection with the listing of the ordinary shares on the SIX, the registration statement on Form F-1 constitutes a foreign prospectus within the meaning of article 54 paras. 2 and 3 of the Swiss Financial Services Act of June 15, 2018 ('FinSA') and article 70 paras. 2-4 of the Swiss Financial Services Ordinance of November 6, 2019 ('FinSO'). The registration statement on Form F-1, including the preliminary prospectus, as well as the final prospectus, once available, will be deposited with the Prospectus Office of SIX Exchange Regulation. Further, the inclusion of the foreign prospectus in the prospectus list published by the Prospectus Office of SIX Exchange Regulation will be requested.\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. There is no intention or permission to publicly offer, solicit, sell or advertise, directly or indirectly, any securities of Molecular Partners in or into Switzerland within the meaning of FinSA.\nAbout Molecular Partners AG\nMolecular Partners AG is a clinical-stage biotech company developing DARPin® therapeutics, a new class of custom-built protein drugs designed to address challenges current modalities cannot. The Company has formed partnerships with leading pharmaceutical companies to advance DARPin® therapeutics in the areas of ophthalmology, oncology and infectious disease, and has compounds in various stages of clinical and preclinical development across multiple therapeutic areas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569477879515338","authorId":"3569477879515338","name":"EmmanuelQeen","avatar":"https://static.tigerbbs.com/229c717db2c50af149c3454594cc38dd","crmLevel":4,"crmLevelSwitch":0,"idStr":"3569477879515338","authorIdStr":"3569477879515338"},"content":"ok, pls reply back too. tq","text":"ok, pls reply back too. tq","html":"ok, pls reply back too. tq"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166489268,"gmtCreate":1624022555054,"gmtModify":1703826792589,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Pls give me a like n comments pls","listText":"Pls give me a like n comments pls","text":"Pls give me a like n comments pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/166489268","repostId":"1147049745","repostType":4,"repost":{"id":"1147049745","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624018214,"share":"https://ttm.financial/m/news/1147049745?lang=&edition=fundamental","pubTime":"2021-06-18 20:10","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1147049745","media":"Tiger Newspress","summary":"U.S. stock futures fell on Friday as the S&P 500 and the Dow Jones Industrial Average are on pace to","content":"<p>U.S. stock futures fell on Friday as the S&amp;P 500 and the Dow Jones Industrial Average are on pace to post a losing week after the Federal Reserve's latest policy update.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 153 points, or 0.45%, S&amp;P 500 E-minis were down 14.75 points, or 0.35% and Nasdaq 100 E-minis fell 18.5 points, or 0.13%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/25234fe10c0fe8a9e73f2cec66447216\" tg-width=\"1003\" tg-height=\"316\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The blue-chip Dow has lost 1.9% week to date, on pace for its worst week since January. The S&amp;P 500 has fallen 0.6%. But the Nasdaq has gained 0.65% on the week.</p>\n<p>The decline in stocks came amid a drastic flattening of the so-called Treasury yield curve&nbsp;where the yields of shorter-duration Treasurys, like the&nbsp;2-year note, rose, while longer duration yields, such as the benchmark 10-year fell.&nbsp;The retreat in long-dated bonds reflects less optimism toward the economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.</p>\n<p>The central bank's hawkish pivot on Wednesday&nbsp;caused volatile stock and bond market moves. Fed officials added two rate hikes to their 2023 forecast and increased their inflation projection for the year, while Fed Chairman Jerome Powell said officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.</p>\n<p>Friday also coincides with the quarterly \"quadruple witching\" where options and futures on indexes and equities expire. Many expect trading to be more volatile in light of this event.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Adobe(ADBE) </b>– Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company's revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading.</p>\n<p><b>Smith &amp; Wesson(SWBI) </b>– Smith &amp; Wesson reported better-than-expected profit and sales for its latest quarter, as the gun maker's sales surged 67% compared to the same quarter a year earlier. The company notes that its shipments jumped 70% compared to overall industry growth of 42%. Shares rallied 4.7% in premarket trading.</p>\n<p><b>Orphazyme(ORPH)</b> – Orphazyme plunged 52.6% in the premarket after the Food and Drug Administration rejected its experimental treatment for a genetic disorder known as Niemann-Pick disease type C. The Denmark-based biotech company had seen volatile trading in its shares in recent days after it picked up social media attention, falling 10.2% Thursday after a more than 61% surge Wednesday.</p>\n<p><b>Delta Air Lines(DAL)</b> – The stock added 1.1% in the premarket following a double upgrade at Wolfe Research to \"outperform\" from \"underperform.\" Wolfe said it sees business travel benefiting from pent-up demand later this summer, although it doesn't think it will return to pre-Covid levels.</p>\n<p><b>Manchester United(MANU) </b>– Manchester United lost $30.2 million for the first three months of this year, due largely to the absence of fans at its games because of the coronavirus pandemic. All of the team's 2020-21 season games were played without spectators.</p>\n<p><b>ArcelorMittal(MT) </b>– ArcelorMittal sold its remaining 38.2 million shares of steel producerCleveland-Cliffs(CLF). The mining company will use the proceeds to fund a $750 million share buyback. Arcelor-Mittal rose 1% in premarket action, while Cleveland-Cliffs added 0.3%.</p>\n<p><b>Carnival(CCL) </b>– The cruise line operator disclosed a March data breach that may have exposed personal information of customers of its Carnival, Holland America and Princess brands. It did not disclose how many may have been affected.</p>\n<p><b>Fox Corp.(FOXA) </b>– Fox increased its stock repurchase program by $2 billion to a total of $4 billion, helping to send its shares higher by 2.8% in the premarket.</p>\n<p><b>Pilgrim's Pride(PPC) </b>– Pilgrim's Pride expanded its prepared foods and branded products business by purchasing Kerry Group's Meats and Meals business. The poultry producer will pay the Ireland-based company about $947 million for that unit.</p>\n<p><b>Hasbro(HAS),Mattel(MAT) </b>– The toymakers are on watch following a New York Post report warning of a potential toy shortage this coming holiday season. The paper said thousands of toys ready for shipment remain stockpiled in China due to the lack of shipping containers available for export.</p>\n<p><b>Biogen(BIIB)</b> – The drugmaker's stock was upgraded to \"overweight\" from \"neutral\" at Piper Sandler, which cites a number of factors including the likelihood that doctors will prescribe Biogen's newly approved Alzheimer's drug Aduhelm. Biogen shares rose 1.7% in the premarket.</p>\n<p><b>Citigroup(C) </b>– The bank's stock remains on watch after declining for the past 11 consecutive trading days, losing 14% over that time.</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>Toplines Before US Market Open on Friday</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\">\nToplines Before US Market Open on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-18 20:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock futures fell on Friday as the S&amp;P 500 and the Dow Jones Industrial Average are on pace to post a losing week after the Federal Reserve's latest policy update.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were down 153 points, or 0.45%, S&amp;P 500 E-minis were down 14.75 points, or 0.35% and Nasdaq 100 E-minis fell 18.5 points, or 0.13%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/25234fe10c0fe8a9e73f2cec66447216\" tg-width=\"1003\" tg-height=\"316\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The blue-chip Dow has lost 1.9% week to date, on pace for its worst week since January. The S&amp;P 500 has fallen 0.6%. But the Nasdaq has gained 0.65% on the week.</p>\n<p>The decline in stocks came amid a drastic flattening of the so-called Treasury yield curve&nbsp;where the yields of shorter-duration Treasurys, like the&nbsp;2-year note, rose, while longer duration yields, such as the benchmark 10-year fell.&nbsp;The retreat in long-dated bonds reflects less optimism toward the economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.</p>\n<p>The central bank's hawkish pivot on Wednesday&nbsp;caused volatile stock and bond market moves. Fed officials added two rate hikes to their 2023 forecast and increased their inflation projection for the year, while Fed Chairman Jerome Powell said officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.</p>\n<p>Friday also coincides with the quarterly \"quadruple witching\" where options and futures on indexes and equities expire. Many expect trading to be more volatile in light of this event.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Adobe(ADBE) </b>– Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company's revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading.</p>\n<p><b>Smith &amp; Wesson(SWBI) </b>– Smith &amp; Wesson reported better-than-expected profit and sales for its latest quarter, as the gun maker's sales surged 67% compared to the same quarter a year earlier. The company notes that its shipments jumped 70% compared to overall industry growth of 42%. Shares rallied 4.7% in premarket trading.</p>\n<p><b>Orphazyme(ORPH)</b> – Orphazyme plunged 52.6% in the premarket after the Food and Drug Administration rejected its experimental treatment for a genetic disorder known as Niemann-Pick disease type C. The Denmark-based biotech company had seen volatile trading in its shares in recent days after it picked up social media attention, falling 10.2% Thursday after a more than 61% surge Wednesday.</p>\n<p><b>Delta Air Lines(DAL)</b> – The stock added 1.1% in the premarket following a double upgrade at Wolfe Research to \"outperform\" from \"underperform.\" Wolfe said it sees business travel benefiting from pent-up demand later this summer, although it doesn't think it will return to pre-Covid levels.</p>\n<p><b>Manchester United(MANU) </b>– Manchester United lost $30.2 million for the first three months of this year, due largely to the absence of fans at its games because of the coronavirus pandemic. All of the team's 2020-21 season games were played without spectators.</p>\n<p><b>ArcelorMittal(MT) </b>– ArcelorMittal sold its remaining 38.2 million shares of steel producerCleveland-Cliffs(CLF). The mining company will use the proceeds to fund a $750 million share buyback. Arcelor-Mittal rose 1% in premarket action, while Cleveland-Cliffs added 0.3%.</p>\n<p><b>Carnival(CCL) </b>– The cruise line operator disclosed a March data breach that may have exposed personal information of customers of its Carnival, Holland America and Princess brands. It did not disclose how many may have been affected.</p>\n<p><b>Fox Corp.(FOXA) </b>– Fox increased its stock repurchase program by $2 billion to a total of $4 billion, helping to send its shares higher by 2.8% in the premarket.</p>\n<p><b>Pilgrim's Pride(PPC) </b>– Pilgrim's Pride expanded its prepared foods and branded products business by purchasing Kerry Group's Meats and Meals business. The poultry producer will pay the Ireland-based company about $947 million for that unit.</p>\n<p><b>Hasbro(HAS),Mattel(MAT) </b>– The toymakers are on watch following a New York Post report warning of a potential toy shortage this coming holiday season. The paper said thousands of toys ready for shipment remain stockpiled in China due to the lack of shipping containers available for export.</p>\n<p><b>Biogen(BIIB)</b> – The drugmaker's stock was upgraded to \"overweight\" from \"neutral\" at Piper Sandler, which cites a number of factors including the likelihood that doctors will prescribe Biogen's newly approved Alzheimer's drug Aduhelm. Biogen shares rose 1.7% in the premarket.</p>\n<p><b>Citigroup(C) </b>– The bank's stock remains on watch after declining for the past 11 consecutive trading days, losing 14% over that time.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147049745","content_text":"U.S. stock futures fell on Friday as the S&P 500 and the Dow Jones Industrial Average are on pace to post a losing week after the Federal Reserve's latest policy update.\nAt 8:05 a.m. ET, Dow E-minis were down 153 points, or 0.45%, S&P 500 E-minis were down 14.75 points, or 0.35% and Nasdaq 100 E-minis fell 18.5 points, or 0.13%.\n*Source From Tiger Trade, EST 08:05\nThe blue-chip Dow has lost 1.9% week to date, on pace for its worst week since January. The S&P 500 has fallen 0.6%. But the Nasdaq has gained 0.65% on the week.\nThe decline in stocks came amid a drastic flattening of the so-called Treasury yield curve where the yields of shorter-duration Treasurys, like the 2-year note, rose, while longer duration yields, such as the benchmark 10-year fell. The retreat in long-dated bonds reflects less optimism toward the economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThe central bank's hawkish pivot on Wednesday caused volatile stock and bond market moves. Fed officials added two rate hikes to their 2023 forecast and increased their inflation projection for the year, while Fed Chairman Jerome Powell said officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\nFriday also coincides with the quarterly \"quadruple witching\" where options and futures on indexes and equities expire. Many expect trading to be more volatile in light of this event.\nStocks making the biggest moves in the premarket:\nAdobe(ADBE) – Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company's revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading.\nSmith & Wesson(SWBI) – Smith & Wesson reported better-than-expected profit and sales for its latest quarter, as the gun maker's sales surged 67% compared to the same quarter a year earlier. The company notes that its shipments jumped 70% compared to overall industry growth of 42%. Shares rallied 4.7% in premarket trading.\nOrphazyme(ORPH) – Orphazyme plunged 52.6% in the premarket after the Food and Drug Administration rejected its experimental treatment for a genetic disorder known as Niemann-Pick disease type C. The Denmark-based biotech company had seen volatile trading in its shares in recent days after it picked up social media attention, falling 10.2% Thursday after a more than 61% surge Wednesday.\nDelta Air Lines(DAL) – The stock added 1.1% in the premarket following a double upgrade at Wolfe Research to \"outperform\" from \"underperform.\" Wolfe said it sees business travel benefiting from pent-up demand later this summer, although it doesn't think it will return to pre-Covid levels.\nManchester United(MANU) – Manchester United lost $30.2 million for the first three months of this year, due largely to the absence of fans at its games because of the coronavirus pandemic. All of the team's 2020-21 season games were played without spectators.\nArcelorMittal(MT) – ArcelorMittal sold its remaining 38.2 million shares of steel producerCleveland-Cliffs(CLF). The mining company will use the proceeds to fund a $750 million share buyback. Arcelor-Mittal rose 1% in premarket action, while Cleveland-Cliffs added 0.3%.\nCarnival(CCL) – The cruise line operator disclosed a March data breach that may have exposed personal information of customers of its Carnival, Holland America and Princess brands. It did not disclose how many may have been affected.\nFox Corp.(FOXA) – Fox increased its stock repurchase program by $2 billion to a total of $4 billion, helping to send its shares higher by 2.8% in the premarket.\nPilgrim's Pride(PPC) – Pilgrim's Pride expanded its prepared foods and branded products business by purchasing Kerry Group's Meats and Meals business. The poultry producer will pay the Ireland-based company about $947 million for that unit.\nHasbro(HAS),Mattel(MAT) – The toymakers are on watch following a New York Post report warning of a potential toy shortage this coming holiday season. The paper said thousands of toys ready for shipment remain stockpiled in China due to the lack of shipping containers available for export.\nBiogen(BIIB) – The drugmaker's stock was upgraded to \"overweight\" from \"neutral\" at Piper Sandler, which cites a number of factors including the likelihood that doctors will prescribe Biogen's newly approved Alzheimer's drug Aduhelm. Biogen shares rose 1.7% in the premarket.\nCitigroup(C) – The bank's stock remains on watch after declining for the past 11 consecutive trading days, losing 14% over that time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129567233,"gmtCreate":1624378042822,"gmtModify":1703835041959,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Read….Please give me like n comment pls&nbsp;","listText":"Read….Please give me like n comment pls&nbsp;","text":"Read….Please give me like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/129567233","repostId":"2145056554","repostType":4,"repost":{"id":"2145056554","kind":"highlight","pubTimestamp":1624356900,"share":"https://ttm.financial/m/news/2145056554?lang=&edition=fundamental","pubTime":"2021-06-22 18:15","market":"us","language":"en","title":"These 3 Dow Stocks Are Set to Soar in 2021's Second Half","url":"https://stock-news.laohu8.com/highlight/detail?id=2145056554","media":"Motley Fool","summary":"Here are the companies investors are most excited about -- and why.","content":"<p>The <b>Dow Jones Industrial Average </b>(DJINDICES:^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past years. But given everything that's happening in the economy, it's not surprising to see investors rein in their expectations somewhat on some of the top-performing stocks in the market.</p>\n<p>Yet even with the gains the overall market has seen, there are still some Dow stocks that haven't climbed as far as they might. In particular, analysts looking at three stocks among the Dow Jones Industrials see the potential for substantial gains in the second half of 2021 and beyond. Below, we'll look at these three companies to see what it'll take for them to produce the big returns that investors want right now.</p>\n<h3>UnitedHealth: 34% upside</h3>\n<p><b>UnitedHealth Group </b>(NYSE:UNH) has already put in a reasonable performance in the Dow so far this year. The health insurance giant's stock is up about 11% year to date, outpacing the broader average very slightly.</p>\n<p>Yet investors see a lot more upside for the healthcare giant. The top price target among Wall Street analysts for UnitedHealth is $522 per share, which implies roughly a 34% gain from current levels.</p>\n<p>UnitedHealth has done an excellent job of navigating the ever-changing landscape of the healthcare and health insurance industries. As the largest health insurance company in the world, UnitedHealth offers coverage not just for private businesses but also for those eligible for government programs like Medicare and Medicaid.</p>\n<p>Indeed, UnitedHealth's handling of plans under the Affordable Care Act has been masterful, with the company having participated in the program better known as Obamacare while not overcommitting to it. With the Supreme Court having recently upheld the validity of the Affordable Care Act, UnitedHealth finds itself in a strong position to keep benefiting from its mix of business.</p>\n<p><img src=\"https://static.tigerbbs.com/ffe66b7aafd67e07dd42007f2b60d638\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>Yet many overlook the value of UnitedHealth's Optum health services unit. By aiming to help providers encourage health and wellness, Optum generates higher-margin revenue while often producing better outcomes for patients and members. With both growth drivers pushing the company forward, UnitedHealth looks well poised to keep climbing.</p>\n<h3>Goldman Sachs: 36% upside</h3>\n<p>Wall Street has enjoyed the bull market in stocks, and that's been a blessing for investment bank <b>Goldman Sachs </b>(NYSE:GS). The perennial financial giant has seen its stock rise 34% so far in 2021 after less impressive performance during 2020.</p>\n<p>On <a href=\"https://laohu8.com/S/AONE\">one</a> hand, Goldman has reflected the broader performance of financial stocks across the market. Interest rates have generally been on the rise, and that's bolstered the prospects for more net-interest income from retail banking operations. Goldman lags behind its big-bank peers on the consumer banking front, but its relatively new Marcus unit has done a good job of attracting capital thus far.</p>\n<p>On the other hand, Goldman continues to rely on its investment banking operations, and strong activity levels among initial public offerings and mergers and acquisitions (M&amp;A) have fed the company's coffers nicely. Financing remains relatively easy to get, and that could spur more M&amp;A activity that in turn could keep growing revenue for Goldman's investment banking division. Add to that possible tailwinds from macroeconomic factors, and it is in a solid position to climb as high as the $484 per share that represents the top price target among those following the financial stock.</p>\n<h3>Apple: 42% upside</h3>\n<p>Lastly, <b>Apple </b>(NASDAQ:AAPL) rounds out this list. Recently fetching $130 per share, some see the iPhone maker's stock climbing to $185. That'd be a 42% jump to help Apple recover from its 2% loss so far in 2021.</p>\n<p>Apple's gains have continued to impress. Revenue jumped 54% in its most recent quarter, with sales of the iPhone 12 and various other products and accessories continuing to drive sales for the company. Returning capital to shareholders via dividends and stock buybacks has had a substantial impact on financial performance, especially with the number of outstanding shares having plunged by roughly 35% in just the past decade.</p>\n<p>Many fear that Apple hasn't generated the innovative product lines that drove its success in the mid-2000s. However, at least for now, consumers seem content with iterations on existing product lines, and as long as that remains a successful strategy, further gains for the stock seem realistic.</p>\n<h3>Further to run?</h3>\n<p>Even with solid gains for the Dow in 2021, the long-term trajectory for stocks remains upward. That's a big part of why Apple, Goldman Sachs, and UnitedHealth Group look as promising as they do. Smart investors should at least keep an eye on these three stocks to see if they can live up to their full potential.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 3 Dow Stocks Are Set to Soar in 2021's Second Half</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 3 Dow Stocks Are Set to Soar in 2021's Second Half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 18:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/22/these-3-dow-stocks-set-to-soar-2021s-second-half/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average (DJINDICES:^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/22/these-3-dow-stocks-set-to-soar-2021s-second-half/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UNH":"联合健康","GS":"高盛","09086":"华夏纳指-U","03086":"华夏纳指","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/06/22/these-3-dow-stocks-set-to-soar-2021s-second-half/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145056554","content_text":"The Dow Jones Industrial Average (DJINDICES:^DJI) has had a solid year so far in 2021. Gains of 9% might not seem like all that much compared to the double-digit percentage gains we've seen in past years. But given everything that's happening in the economy, it's not surprising to see investors rein in their expectations somewhat on some of the top-performing stocks in the market.\nYet even with the gains the overall market has seen, there are still some Dow stocks that haven't climbed as far as they might. In particular, analysts looking at three stocks among the Dow Jones Industrials see the potential for substantial gains in the second half of 2021 and beyond. Below, we'll look at these three companies to see what it'll take for them to produce the big returns that investors want right now.\nUnitedHealth: 34% upside\nUnitedHealth Group (NYSE:UNH) has already put in a reasonable performance in the Dow so far this year. The health insurance giant's stock is up about 11% year to date, outpacing the broader average very slightly.\nYet investors see a lot more upside for the healthcare giant. The top price target among Wall Street analysts for UnitedHealth is $522 per share, which implies roughly a 34% gain from current levels.\nUnitedHealth has done an excellent job of navigating the ever-changing landscape of the healthcare and health insurance industries. As the largest health insurance company in the world, UnitedHealth offers coverage not just for private businesses but also for those eligible for government programs like Medicare and Medicaid.\nIndeed, UnitedHealth's handling of plans under the Affordable Care Act has been masterful, with the company having participated in the program better known as Obamacare while not overcommitting to it. With the Supreme Court having recently upheld the validity of the Affordable Care Act, UnitedHealth finds itself in a strong position to keep benefiting from its mix of business.\n\nImage source: Getty Images.\nYet many overlook the value of UnitedHealth's Optum health services unit. By aiming to help providers encourage health and wellness, Optum generates higher-margin revenue while often producing better outcomes for patients and members. With both growth drivers pushing the company forward, UnitedHealth looks well poised to keep climbing.\nGoldman Sachs: 36% upside\nWall Street has enjoyed the bull market in stocks, and that's been a blessing for investment bank Goldman Sachs (NYSE:GS). The perennial financial giant has seen its stock rise 34% so far in 2021 after less impressive performance during 2020.\nOn one hand, Goldman has reflected the broader performance of financial stocks across the market. Interest rates have generally been on the rise, and that's bolstered the prospects for more net-interest income from retail banking operations. Goldman lags behind its big-bank peers on the consumer banking front, but its relatively new Marcus unit has done a good job of attracting capital thus far.\nOn the other hand, Goldman continues to rely on its investment banking operations, and strong activity levels among initial public offerings and mergers and acquisitions (M&A) have fed the company's coffers nicely. Financing remains relatively easy to get, and that could spur more M&A activity that in turn could keep growing revenue for Goldman's investment banking division. Add to that possible tailwinds from macroeconomic factors, and it is in a solid position to climb as high as the $484 per share that represents the top price target among those following the financial stock.\nApple: 42% upside\nLastly, Apple (NASDAQ:AAPL) rounds out this list. Recently fetching $130 per share, some see the iPhone maker's stock climbing to $185. That'd be a 42% jump to help Apple recover from its 2% loss so far in 2021.\nApple's gains have continued to impress. Revenue jumped 54% in its most recent quarter, with sales of the iPhone 12 and various other products and accessories continuing to drive sales for the company. Returning capital to shareholders via dividends and stock buybacks has had a substantial impact on financial performance, especially with the number of outstanding shares having plunged by roughly 35% in just the past decade.\nMany fear that Apple hasn't generated the innovative product lines that drove its success in the mid-2000s. However, at least for now, consumers seem content with iterations on existing product lines, and as long as that remains a successful strategy, further gains for the stock seem realistic.\nFurther to run?\nEven with solid gains for the Dow in 2021, the long-term trajectory for stocks remains upward. That's a big part of why Apple, Goldman Sachs, and UnitedHealth Group look as promising as they do. Smart investors should at least keep an eye on these three stocks to see if they can live up to their full potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163812180,"gmtCreate":1623868550540,"gmtModify":1703822052352,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Pls give me a comment. Please...","listText":"Pls give me a comment. Please...","text":"Pls give me a comment. Please...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/163812180","repostId":"2143978737","repostType":4,"repost":{"id":"2143978737","kind":"highlight","pubTimestamp":1623857100,"share":"https://ttm.financial/m/news/2143978737?lang=&edition=fundamental","pubTime":"2021-06-16 23:25","market":"us","language":"en","title":"Facebook's Hardware Business Is Creeping Into Apple's Backyard","url":"https://stock-news.laohu8.com/highlight/detail?id=2143978737","media":"Motley Fool","summary":"But Apple shouldn't lose any sleep over Facebook's smartwatch plans.","content":"<p><b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to capture photos and videos for Facebook's family of apps.</p>\n<p>Facebook is also reportedly in talks with companies to develop accessories for attaching the camera to backpacks and other objects. Previous rumors regarding the watch suggested it will sport health-tracking features, run on a stand-alone cellular connection, and use a custom version of the Android operating system. Could this long-rumored device help Facebook challenge <b>Apple</b> (NASDAQ:AAPL) in the smartwatch market?</p>\n<h2>Why is Facebook developing a smartwatch?</h2>\n<p>Facebook generated 97% of its revenue from ads last quarter. The remaining 3% came from its \"other\" businesses, which include its Oculus virtual reality (VR) headsets and Portal smart screens. It might initially seem odd for Facebook to add a smartwatch to that lineup, but it would actually complement its previous hardware strategies.</p>\n<p>Facebook's strongest hardware business is its lineup of Oculus VR headsets. It could ship at least three million Oculus Quest 2 headsets this year, according to SuperData. That would make the stand-alone VR headset, which doesn't require a PC or phone, the clear leader of its niche market.</p>\n<p>Looking beyond VR devices, Facebook is developing augmented reality (AR) glasses that will use similar controls as its Oculus headsets. It also acquired CTRL-Labs, which is developing a wristband that can use brain signals to control computers, in late 2019. In theory, CTRL-Labs' technology could eventually enable users to control VR and AR devices with \"mind-reading\" wristbands instead of controllers in the future.</p>\n<p>Meanwhile, Facebook's Portal devices haven't gained much momentum against <b>Amazon</b> (NASDAQ:AMZN) or <b>Alphabet</b>'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google in the smart screen market. That failure likely dashed Facebook's hopes of expanding its social networking platforms beyond PCs and phones and into connected homes.</p>\n<p>When you put all those pieces together, you'll realize Facebook's smartwatch could be used to enhance control of its VR and AR devices, or to expand its social networks into the Internet of Things (IoT) and perhaps succeed where the Portal failed. Facebook could also eventually upgrade its watches with CTRL-Labs' technologies and enable users to control other IoT devices with their minds.</p>\n<h2>But let's not get ahead of ourselves... yet</h2>\n<p>Facebook has reportedly spent about $1 billion on the development of its smartwatch over the past few years, but it only initially plans to ship volumes in the low six figures.</p>\n<p>That would make Facebook a tiny smartwatch maker compared to <b>Apple</b> (NASDAQ:AAPL), which grew its Apple Watch shipments 19% to 33.9 million in 2020, according to Counterpoint Research. Apple ended the year with a whopping 40% share of the global smartwatch market.</p>\n<p>Facebook likely realizes its smartwatch will face the same three problems that plagued the Portal: a deep distrust of Facebook's brand, privacy concerns, and its late arrival into a saturated market. Google also encountered similar criticisms after its recent takeover of Fitbit.</p>\n<p>Facebook reportedly plans to launch its smartwatch next summer for about $400. But a lot could happen within the next year, and new smartwatches -- including a new version of the Apple Watch -- could easily steal Facebook's thunder. A smartwatch with two cameras could also be considered complicated and redundant, especially when smartphones and action cameras serve the same purposes.</p>\n<h2>The key takeaways</h2>\n<p>The global smartwatch market could still grow from $59 billion this year to nearly $100 billion in 2025, according to Research and Markets. That's great news for Apple, but it also suggests the market might still be big enough for newcomers like Facebook to gain a foothold.</p>\n<p>But investors should take all these rumors with a grain of salt until Facebook actually makes an official announcement. Even if Facebook's smartwatch fares better than the Portal, it probably won't generate a meaningful percentage of its revenue or reduce its overall dependence on ads.</p>\n<p>Instead, it should be considered a potential expansion of its ecosystem beyond PCs and phones, which might just complement its ongoing push into the virtual and augmented reality markets.</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>Facebook's Hardware Business Is Creeping Into Apple's Backyard</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\">\nFacebook's Hardware Business Is Creeping Into Apple's Backyard\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Facebook (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/\">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","09086":"华夏纳指-U","03086":"华夏纳指"},"source_url":"https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143978737","content_text":"Facebook (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to capture photos and videos for Facebook's family of apps.\nFacebook is also reportedly in talks with companies to develop accessories for attaching the camera to backpacks and other objects. Previous rumors regarding the watch suggested it will sport health-tracking features, run on a stand-alone cellular connection, and use a custom version of the Android operating system. Could this long-rumored device help Facebook challenge Apple (NASDAQ:AAPL) in the smartwatch market?\nWhy is Facebook developing a smartwatch?\nFacebook generated 97% of its revenue from ads last quarter. The remaining 3% came from its \"other\" businesses, which include its Oculus virtual reality (VR) headsets and Portal smart screens. It might initially seem odd for Facebook to add a smartwatch to that lineup, but it would actually complement its previous hardware strategies.\nFacebook's strongest hardware business is its lineup of Oculus VR headsets. It could ship at least three million Oculus Quest 2 headsets this year, according to SuperData. That would make the stand-alone VR headset, which doesn't require a PC or phone, the clear leader of its niche market.\nLooking beyond VR devices, Facebook is developing augmented reality (AR) glasses that will use similar controls as its Oculus headsets. It also acquired CTRL-Labs, which is developing a wristband that can use brain signals to control computers, in late 2019. In theory, CTRL-Labs' technology could eventually enable users to control VR and AR devices with \"mind-reading\" wristbands instead of controllers in the future.\nMeanwhile, Facebook's Portal devices haven't gained much momentum against Amazon (NASDAQ:AMZN) or Alphabet's (NASDAQ:GOOGL) (NASDAQ:GOOG) Google in the smart screen market. That failure likely dashed Facebook's hopes of expanding its social networking platforms beyond PCs and phones and into connected homes.\nWhen you put all those pieces together, you'll realize Facebook's smartwatch could be used to enhance control of its VR and AR devices, or to expand its social networks into the Internet of Things (IoT) and perhaps succeed where the Portal failed. Facebook could also eventually upgrade its watches with CTRL-Labs' technologies and enable users to control other IoT devices with their minds.\nBut let's not get ahead of ourselves... yet\nFacebook has reportedly spent about $1 billion on the development of its smartwatch over the past few years, but it only initially plans to ship volumes in the low six figures.\nThat would make Facebook a tiny smartwatch maker compared to Apple (NASDAQ:AAPL), which grew its Apple Watch shipments 19% to 33.9 million in 2020, according to Counterpoint Research. Apple ended the year with a whopping 40% share of the global smartwatch market.\nFacebook likely realizes its smartwatch will face the same three problems that plagued the Portal: a deep distrust of Facebook's brand, privacy concerns, and its late arrival into a saturated market. Google also encountered similar criticisms after its recent takeover of Fitbit.\nFacebook reportedly plans to launch its smartwatch next summer for about $400. But a lot could happen within the next year, and new smartwatches -- including a new version of the Apple Watch -- could easily steal Facebook's thunder. A smartwatch with two cameras could also be considered complicated and redundant, especially when smartphones and action cameras serve the same purposes.\nThe key takeaways\nThe global smartwatch market could still grow from $59 billion this year to nearly $100 billion in 2025, according to Research and Markets. That's great news for Apple, but it also suggests the market might still be big enough for newcomers like Facebook to gain a foothold.\nBut investors should take all these rumors with a grain of salt until Facebook actually makes an official announcement. Even if Facebook's smartwatch fares better than the Portal, it probably won't generate a meaningful percentage of its revenue or reduce its overall dependence on ads.\nInstead, it should be considered a potential expansion of its ecosystem beyond PCs and phones, which might just complement its ongoing push into the virtual and augmented reality markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129562689,"gmtCreate":1624377962441,"gmtModify":1703835037560,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Inflation is a all time reality everyone knows…Pls give me a like and comments pls&nbsp;","listText":"Inflation is a all time reality everyone knows…Pls give me a like and comments pls&nbsp;","text":"Inflation is a all time reality everyone knows…Pls give me a like and comments pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129562689","repostId":"1116451605","repostType":4,"repost":{"id":"1116451605","kind":"news","pubTimestamp":1624332973,"share":"https://ttm.financial/m/news/1116451605?lang=&edition=fundamental","pubTime":"2021-06-22 11:36","market":"us","language":"en","title":"Inflation is a problem for sustainable investors — but these stocks will ride it out, Bernstein says","url":"https://stock-news.laohu8.com/highlight/detail?id=1116451605","media":"cnbc","summary":"Rising inflation can be a “big problem” for sustainable investors, according to Bernstein, which nam","content":"<div>\n<p>Rising inflation can be a “big problem” for sustainable investors, according to Bernstein, which named the best stocks to ride out this trend.\nThe bank said that inflation, and the potential for ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/esg-investing-inflations-a-problem-but-you-can-still-make-money-bernstein-says.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation is a problem for sustainable investors — but these stocks will ride it out, Bernstein says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is a problem for sustainable investors — but these stocks will ride it out, Bernstein says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 11:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/esg-investing-inflations-a-problem-but-you-can-still-make-money-bernstein-says.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rising inflation can be a “big problem” for sustainable investors, according to Bernstein, which named the best stocks to ride out this trend.\nThe bank said that inflation, and the potential for ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/esg-investing-inflations-a-problem-but-you-can-still-make-money-bernstein-says.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe","HD":"家得宝","PEP":"百事可乐"},"source_url":"https://www.cnbc.com/2021/06/21/esg-investing-inflations-a-problem-but-you-can-still-make-money-bernstein-says.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1116451605","content_text":"Rising inflation can be a “big problem” for sustainable investors, according to Bernstein, which named the best stocks to ride out this trend.\nThe bank said that inflation, and the potential for higher inflation, reflect “the single most important narrative” driving markets and investor concerns this year.\nIt’s already impacted environmental, social and governance (ESG) stocks in a big way. Clean energy stocks are down roughly 20% this year on an absolute basis, while energy, commodities, defense and tobacco stocks have all outperformed. This sharp contrast comes despite flows into ESG funds continuing at a record pace.\nRising prices will likely continue to pose a significant challenge for ESG funds in particular, Bernstein said, but added that there are a number of ways for these investors to lower their risk exposure.\nIn a note published June 10, Bernstein screened for ESG stocks in the U.S., Europe and Asia that are best positioned for rising inflation.\nBernstein screened for the stocks by considering three ways that sustainable investors could brace for a rising inflationary environment:\n1. Seeking out high-scoring ESG stocks that are positively exposed to rising bond yields.\n2. Investing in high-scoring ESG stocks which have robust pricing power.\n3. Identifying companies that have increased exposure to the energy, commodities and financials sectors.\nIn considering stocks that should be in an ESG portfolio, Bernstein recognized that investors may struggle to prioritize so-called “sin” stocks, such as energy and commodity companies, although these “value” stocks usually perform well when inflation and bond yields rise. Value stocks are seen as being underappreciated by the market.\nBernstein also highlighted that financials tend to be left on the sidelines by ESG investors, since measuring their environmental credentials can be tricky.\nU.S.\nThe analysts said that U.S. ESG funds are “not that well positioned” for inflation because they tend to be underweight on so-called value stocks. The bank did, however, single outState Street,LearandBank of New York Mellonamong its top picks of those positively exposed to rising bond yields. The three U.S. firms were found to score in the top quintile on “environment,” according to data from Sustainalytics, and had a positive correlation with U.S. 10-year bond yields over the past 12 months.\nHome Depot,Adobe,PepsiCo were named by Bernstein as being among the stocks with the highest pricing power and ESG scores.\nEurope\nESG funds in Europe were found to be particularly exposed to rising inflation and the bank said tighter constraints and regulations on sustainability made lowering inflation risk more difficult than in other regions.\nNonetheless,ING,EniandTotalEnergieswere picked out among the region’s high-scoring ESG stocks within industries that are positively exposed to rising bond yields.Neste,Norsk HydroandKingfisherwere all cited as top picks when it comes to strong pricing power and high ESG scores, the analysts at Bernstein said.\nAsia\nAsian ESG funds are better positioned than their counterparts in the U.S. and Europe, the bank said. This is likely to reflect the fact that ESG investing is still in an early stage in the region and many investors are predominantly focused on environmental issues rather than fully integrating social and governance considerations, the bank said.\nAmong the bank’s high-scoring “improver” stocks in the region that are positively exposed to rising U.S. bond yields areMelco Resorts,Trip.comandAdani Ports and Special Economic Zone.","news_type":1},"isVote":1,"tweetType":1,"viewCount":40,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120925869,"gmtCreate":1624292811151,"gmtModify":1703832797898,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Please give me a like and comments…","listText":"Please give me a like and comments…","text":"Please give me a like and comments…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/120925869","repostId":"1136791321","repostType":4,"repost":{"id":"1136791321","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624282996,"share":"https://ttm.financial/m/news/1136791321?lang=&edition=fundamental","pubTime":"2021-06-21 21:43","market":"us","language":"en","title":"EV stocks fell in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1136791321","media":"Tiger Newspress","summary":"(June 21) EV stocks fell in morning trading.","content":"<p>(June 21)&nbsp;EV stocks fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e7e7cf675e122ca02f2d220cde025a88\" tg-width=\"310\" tg-height=\"239\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV stocks fell in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV stocks fell in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-21 21:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 21)&nbsp;EV stocks fell in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/e7e7cf675e122ca02f2d220cde025a88\" tg-width=\"310\" tg-height=\"239\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","LI":"理想汽车","TSLA":"特斯拉","XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136791321","content_text":"(June 21) EV stocks fell in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889349032,"gmtCreate":1631111251326,"gmtModify":1676530471645,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Hi can I have a like pls&nbsp;","listText":"Hi can I have a like pls&nbsp;","text":"Hi can I have a like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/889349032","repostId":"1154837170","repostType":4,"repost":{"id":"1154837170","kind":"news","pubTimestamp":1631090918,"share":"https://ttm.financial/m/news/1154837170?lang=&edition=fundamental","pubTime":"2021-09-08 16:48","market":"us","language":"en","title":"Bitcoin Endured a Rocky Day. What's Behind the Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=1154837170","media":"Barron's","summary":"It should have been a happy day for Bitcoin, but it’s turned into a rout.Bitcoin  was trading was around $47,000 on Tuesday afternoon, down 9% in the last 24 hours, after dipping down to $42,900 this morning. Bitcoin had been above $52,800 before the selloff.Other cryptos were also ailing, including Ethereum , down 12% to $3,460.The selloff may reflect profit-taking after prices started rising in late July. Bitcoin had gained more than 50% since late July when it traded around $34,000. Ethereum ","content":"<p>It should have been a happy day for Bitcoin, but it’s turned into a rout.</p>\n<p>Bitcoin (ticker: BTC) was trading was around $47,000 on Tuesday afternoon, down 9% in the last 24 hours, after dipping down to $42,900 this morning. Bitcoin had been above $52,800 before the selloff.</p>\n<p>Other cryptos were also ailing, including Ethereum (ETH), down 12% to $3,460.</p>\n<p>The selloff may reflect profit-taking after prices started rising in late July. Bitcoin had gained more than 50% since late July when it traded around $34,000. Ethereum has also been flying, following a technical upgrade in its underlying blockchain network.</p>\n<p>The down day may also reflect a “sell the news” dynamic after El Salvador became the first country to adopt Bitcoin as legal tender, alongside the dollar– the country’s other official currency.</p>\n<p>Merchants in El Salvador are now supposed to accept Bitcoin for goods and services. Citizens have been promised $30 worth of Bitcoin in their digital wallets by the government. McDonald’s has started accepting Bitcoin in El Salvador, according to Reuters. And the government of president Nayib Bukele has been buying Bitcoin, including at least $20 million worth, ahead of the official launch.</p>\n<p>But El Salvador’s crypto experiment isn’t sitting well with organizations like the International Monetary Fund and World Bank, which have warned El Salvador that its adoption as legal tender could imperil financial stability. Other countries are cracking down on crypto transactions, mining, and exchanges, indicating that El Salvador may be an outlier for now.</p>\n<p>Crypto watchers are also blaming technical factors for the market downturn. Assuming prices don’t suddenly surge, Bitcoin is now in for “outside-down” day, says Katie Stockton, founder and managing partner of Fairlead Strategies, a crypto-trading research firm. The means Bitcoin is trading in a wider range and headed for a lower close than yesterday (assuming a 5 p.m. cutoff, though it trades 24 hours).</p>\n<p>“The implications are for additional consolidation,” she says. So far, the selloff looks like a minor setback, she adds, since Bitcoin hasn’t breached its 50-day moving average around $44,000, which is its next support level.</p>\n<p>“A breach of $44,000 isn’t a breakdown,” she says. “It’s a test of the 50-day moving average. “There is strong support for Bitcoin and most crytpos pretty close to their current lows.”</p>\n<p>Other factors that may have contributed to the selloff include reports of outages and “unscheduled maintenance” at Bitfinix, a leading crypto exchange. Coinbase Global (ticker: COIN) also experienced a spike in outages around noon, according to Downdetector.</p>\n<p>Even if prices stabilize from here, it’s a reminder that Bitcoin and other cryptos remain vulnerable to rapid-fire declines. While you may be able to buy a Big Mac with a sliver of Bitcoin in San Salvador, you may be better off keeping it in your digital wallet–or not–depending on the time of day.</p>","source":"lsy1610680873436","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>Bitcoin Endured a Rocky Day. What's Behind the Selloff</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\">\nBitcoin Endured a Rocky Day. What's Behind the Selloff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/bitcoin-crypto-prices-drop-today-51631048243?mod=hp_LEAD_1><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It should have been a happy day for Bitcoin, but it’s turned into a rout.\nBitcoin (ticker: BTC) was trading was around $47,000 on Tuesday afternoon, down 9% in the last 24 hours, after dipping down to...</p>\n\n<a href=\"https://www.barrons.com/articles/bitcoin-crypto-prices-drop-today-51631048243?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.barrons.com/articles/bitcoin-crypto-prices-drop-today-51631048243?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154837170","content_text":"It should have been a happy day for Bitcoin, but it’s turned into a rout.\nBitcoin (ticker: BTC) was trading was around $47,000 on Tuesday afternoon, down 9% in the last 24 hours, after dipping down to $42,900 this morning. Bitcoin had been above $52,800 before the selloff.\nOther cryptos were also ailing, including Ethereum (ETH), down 12% to $3,460.\nThe selloff may reflect profit-taking after prices started rising in late July. Bitcoin had gained more than 50% since late July when it traded around $34,000. Ethereum has also been flying, following a technical upgrade in its underlying blockchain network.\nThe down day may also reflect a “sell the news” dynamic after El Salvador became the first country to adopt Bitcoin as legal tender, alongside the dollar– the country’s other official currency.\nMerchants in El Salvador are now supposed to accept Bitcoin for goods and services. Citizens have been promised $30 worth of Bitcoin in their digital wallets by the government. McDonald’s has started accepting Bitcoin in El Salvador, according to Reuters. And the government of president Nayib Bukele has been buying Bitcoin, including at least $20 million worth, ahead of the official launch.\nBut El Salvador’s crypto experiment isn’t sitting well with organizations like the International Monetary Fund and World Bank, which have warned El Salvador that its adoption as legal tender could imperil financial stability. Other countries are cracking down on crypto transactions, mining, and exchanges, indicating that El Salvador may be an outlier for now.\nCrypto watchers are also blaming technical factors for the market downturn. Assuming prices don’t suddenly surge, Bitcoin is now in for “outside-down” day, says Katie Stockton, founder and managing partner of Fairlead Strategies, a crypto-trading research firm. The means Bitcoin is trading in a wider range and headed for a lower close than yesterday (assuming a 5 p.m. cutoff, though it trades 24 hours).\n“The implications are for additional consolidation,” she says. So far, the selloff looks like a minor setback, she adds, since Bitcoin hasn’t breached its 50-day moving average around $44,000, which is its next support level.\n“A breach of $44,000 isn’t a breakdown,” she says. “It’s a test of the 50-day moving average. “There is strong support for Bitcoin and most crytpos pretty close to their current lows.”\nOther factors that may have contributed to the selloff include reports of outages and “unscheduled maintenance” at Bitfinix, a leading crypto exchange. Coinbase Global (ticker: COIN) also experienced a spike in outages around noon, according to Downdetector.\nEven if prices stabilize from here, it’s a reminder that Bitcoin and other cryptos remain vulnerable to rapid-fire declines. While you may be able to buy a Big Mac with a sliver of Bitcoin in San Salvador, you may be better off keeping it in your digital wallet–or not–depending on the time of day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147500390,"gmtCreate":1626361639910,"gmtModify":1703758758826,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Can I have a like pls&nbsp;","listText":"Can I have a like pls&nbsp;","text":"Can I have a like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147500390","repostId":"1155093230","repostType":4,"repost":{"id":"1155093230","kind":"news","pubTimestamp":1626359281,"share":"https://ttm.financial/m/news/1155093230?lang=&edition=fundamental","pubTime":"2021-07-15 22:28","market":"us","language":"en","title":"The Big Crash Is Imminent","url":"https://stock-news.laohu8.com/highlight/detail?id=1155093230","media":"seekingalpha","summary":"Summary\n\nThe continuous easing of monetary policy inflated various stocks to levels last seen during","content":"<p><b>Summary</b></p>\n<ul>\n <li>The continuous easing of monetary policy inflated various stocks to levels last seen during the dot.com bubble in 2000.</li>\n <li>The bubble is relatively concentrated and doesn't necessarily pose threats to the market as a whole.</li>\n <li>While it is clear that there is a strong deviation from historical valuation norms, valuations could continue to rise (at least in the short term).</li>\n <li>This article is not meant as fear-mongering, and I may very possibly be wrong about my hypothesis.</li>\n</ul>\n<p>It seems that the talk about whether we are in another Tech bubble has been going on for many years. Articles and news calling for the 'crash of the decade' have been condemned as fear-mongering with little substance to them. After all, technology stocks kept on rising, and those who listened missed out on impressive gains. Now, generally speaking, neither have I been too worried about valuations in the best, as fundamentals towards Technology in our society are simply too strong.</p>\n<p>However, a lot has changed over the course of the pandemic, which has led me to rethink my perspective. As the global pandemic shut down economies around the world and caused substantial economic contraction, federal banks counteracted by injecting trillions of dollars into the economy in the form of stimulus checks, grants, loans, etc. As a result, fresh liquidity immediately reflected itself in stocks and other market instruments.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c688f97bd5e513daa2e0c76d5ace6a1c\" tg-width=\"1845\" tg-height=\"651\" referrerpolicy=\"no-referrer\"><span>Source: Bloomberg</span></p>\n<p>Throughout this article, I want to demonstrate a few graphs to strengthen my argument, with the chart above being the first one. The Nasdaq 100 is perhaps the most common index to track the technology market, although it only includes profitable and large-cap Tech stocks. On average, the index currently holds a Price to Sales ratio of 5.7x, levels that the Index last saw in early 2001 after the dot.com bubble began to bust.</p>\n<p>It is important to note that at the height of the bubble, the ratio stood at 7.5x, around 30% higher than it is right now. Still, the median valuation has been trailing significantly lower, at around 3.5x over the last 20 years. Of course, it can be argued that Technology deserves a higher valuation these days due to the increased use of Technology and perhaps higher growth rates. However, should Technology valuations be nearly 100% higher than just 5 years ago, in 2016, where Technology integration was pretty much at the same level as today?</p>\n<p>Profitability</p>\n<p>In recent years, unprofitable but growing companies have been favored over mature and profitable companies. Usually, rotations from Growth to Value or the other way around occur every 2-5 years, which is totally unsurprising. Historically, in terms of performance, there has been no significant difference in terms of returns on a risk-adjusted basis - it really does depend on the time period of investing. That said, in the last 5 years, growth outperformed value by a wide margin - by 105% to be exact. I derived this from the 5-year performance chart of Vanguard's Growth ETF vs. Vanguard's Value ETF. This compares with an expected anomaly of 5% annually or a 28% expected anomaly for a 5-year time period.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/02ae7e7ebc11fdc907d363cb5da38576\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"><span>Source: Leuthold Group</span></p>\n<p>Unsurprisingly, the number and market value of unprofitable companies has skyrocketed throughout the last couple of years. Here, the total number of unprofitable firms has skyrocketed to over 200, while their combined value handily beats 2000 levels, reaching nearly $2.5 trillion (3 times higher than in 2000). Of course, there is more money in circulation today, so when accounting for the dollar's real value, they are at comparable levels. Again, either way you twist it, there is a significant anomaly in the value of unprofitable companies in the stock market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5804bc535329d20e013417a7e3f95614\" tg-width=\"500\" tg-height=\"357\" referrerpolicy=\"no-referrer\"><span>Source: FT</span></p>\n<p>As a result, startups have utilized the opportunity to raise as much money as possible by going public. In total, nearly 900 companies in the U.S. have gone public in 2021, raising over $202 billion collectively. Before, the previous record was set in 2000, when around 600 companies rang the bell. What's even more frightening is the fact that a large portion of IPOs went public through special-purpose acquisition companies (SPACs). Many of these companies were acquired early on, with the only objective to go public as soon as possible. Here, various blank-check companies generate little or no revenues and face a rockier path to raising money through traditional IPOs.</p>\n<p>Today's Bubble</p>\n<p>Frankly, today's bubble is fundamentally different from the 2000 bubble, although there are striking similarities. Arguably, the dot.com bubble revolved purely around Internet stocks. Today, the bubble is much broader, ranging from old written-off industries to Consumer Tech, being concentrated on Cybersecurity. This makes sense, considering Cybersecurity is a quickly evolving industry with potentially billions of earnings for future winners in the space. The same applies to E-commerce, Fintech, Cloud Computing, Gene Editing, and other major future industries.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68b42d04a15d16c506a4abf4feb58df0\" tg-width=\"635\" tg-height=\"518\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>This brings me to my next chart: High-flying stars of the early Internet era traded at similar multiples to cloud computing stars of today (when adjusted for monetary changes). However, early market leaders tend to lose competitive advantages in rising industries, in what someresearchersrefer to as \"First to Market First to Fail.\" Here, early entrants typically bury the greatest market and technological uncertainties.</p>\n<p>In other words, no one knows yet how our new industries will look like and how consumer trends will evolve. For instance, Facebook(NASDAQ:FB)was the 10th social networking company, Google(NASDAQ:GOOG)(NASDAQ:GOOGL)the 12th search engine, etc. Thus, today's most promising companies are unlikely to be the most promising companies 10 years from now. It is therefore questionable if current valuations can be supported in the long term.</p>\n<p>This is where I want to introduce Cisco's(NASDAQ:CSCO)example from 1999. At the time, the dominating Internet company briefly became the world's mostvaluablecompany, boasting a market cap of $569 billion. Certainly, the market wasn't being crazy at the time, considering Cisco's impressive growth rates and a trillion dollars industry ahead that was changing the world. An extract from Cisco's annual report in 1999:</p>\n<blockquote>\n \"Cisco predicted that the Internet would change the way we work, live, play, and learn. For the fiscal year ending July 31, 1999, Cisco reported revenue of $12.15 billion, a 43 percent increase compared with revenue of $8.49 billion in fiscal 1998. Net income for the year was $2.10 billion or $0.62 per common share, compared with fiscal 1998 net income of $1.35 billion or $0.42 per common share. - CiscoAnnual Report1999\"\n</blockquote>\n<p>Now, at the height of Cisco's valuation, the stock was trading at around 35 times Price to Sales, which is comparable to today's valuations, considering gross margins and growth rates. As with every new industry, competition eventually took market share from Cisco and crushed growth rates, leading to a sequential 87% drop in its share price. Although shares somewhat recovered, Cisco is still trading some 33% below all-time highs 22 years later.</p>\n<p><b>\"Cisco Could Be Safest Net Play Around\" -Bloomberg 1999</b></p>\n<p>Again, that does not necessarily mean that the same will happen to today's stars. After all, early winners like Amazon(NASDAQ:AMZN)and Microsoft(NASDAQ:MSFT)eventually recovered and are now trading well above dot.com levels. However, it is quite unlikely that all of today's stars will also be tomorrow's stars.</p>\n<p>Inflation...</p>\n<p>Arguably, inflation serves as one of the biggest investment risks in today's market. It was somewhat expected that inflation would tick up once the economy starts to recover with consumer spending skyrocketing. In this regard, the consumer price index rose by 5.4% in June, the highest since August 2008. That is well above the 5% rise reported in May and higher than the 4.9% increase that economists initially forecast. This challenges the Federal Reserve's hopes that the burst of inflationary pressures accompanying the economic reopening will be of temporary nature. Earlier, investors and economists have scrutinized the Federal Reserve's aggressive fiscal and monetary policy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f507c5687771a8a8de99a914be11665\" tg-width=\"640\" tg-height=\"411\" referrerpolicy=\"no-referrer\"><span>Source: Twitter</span></p>\n<p>Fiscal and monetary policy usually serve as driving factors for the creation of bubbles and are simultaneously responsible for their destruction. For instance, in 2000, the Federal Reserve raised interest rates several times; these actions are believed to have caused the bursting of the dot-com bubble. Interestingly, after the Federal Reserve raised interest rates, stocks initially rallied. If we draw comparisons, a similar price movement can be observed today in Tech stocks, particularly growth stocks. Here, prominent names have been rising by 50% or more since May, despite the Fedwarningof higher interest rates and the potential for 'significant declines' in asset prices as valuations continue to climb.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a305d90c1f4751d0267c01347a54a33\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"><span>Data by YCharts</span></p>\n<p>That said, Fed President Jim Bullard expects the first interest rate hike coming as soon as 2022, which would be even faster than the consensusexpectationfor the first increase to happen in 2023. Earlier in March, officials initially indicated that they see no increase happening until at least 2024. In other words, in a matter of months, the timeline for a rate hike has shifted forward by 2 years. Thus, the next few months will be crucial to determine which way the timeline will shift; for now, it appears that the prior date is more likely.</p>\n<p>What about Big Tech?</p>\n<p>The question remains whether Big Tech stocks will be as severely affected during a notable pullback. Interestingly, except Apple(NASDAQ:AAPL)and Microsoft, FAANG members, including Facebook, Amazon, and Netflix(NASDAQ:NFLX), have been trailing behind in terms of performance, being reflected in the given valuations. Only Apple and Microsoft saw a notable valuation expansion in every significant metric out of the prominent Big Tech names. Here, Apple's P/E and P/S ratio nearly tripled over the last 5 years from 10x to 32x and 2.5x to 7.5x, respectively. These are historical valuation levels and dwarf the valuation expansions of Microsoft and Alphabet, which are supported by growing profitability over the years. However, it should be noticed that Apple's Price to Book Value disproportionately increased as a result of share buybacks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/596471096e40e42abea97e9ed5a0a6d6\" tg-width=\"635\" tg-height=\"501\"><span>Data by YCharts</span></p>\n<p>On the other hand, Facebook and Amazon observed no significant valuation expansion, which can be tied back to regulatory scrutiny and an overall rotation towards high-growth stocks. Thus, since their market betas are lower than other Tech stocks mentioned earlier, these stocks can serve as a safe haven, at least to some extent. However, an overall drop in the market will lead to short-term weakness in every Technology stock, undervalued or not. Nevertheless, stocks that have underperformed in the rally over the last five years are more likely to outperform during a downturn. Moreover, large Tech companies are less sensitive to higher inflation as they will earn higher interest on their cash reserves.</p>\n<p>So What?</p>\n<p>The stock market is always driven by two contradicting emotions: Fear and Optimism. Over the last couple of years, optimism has clearly dominated the Growth/Technology market, yielding impressive returns and widely outperforming stable but profitable companies. However, valuation growth exceeded business growth for many high-growth companies, making various stocks appear increasingly overvalued. While higher valuations can be supported by the acceleration of Technology in the future, striking similarities of the Tech bubble in 2000 make me increasingly cautious of today's market environment.</p>\n<p>Bubble or not, many graphs point to a significant anomaly in valuations, and it will be difficult for companies to justify these sorts of valuations in the long term. More importantly, a heating economy with rising inflation will pressure the Federal Reserve to raise interest rates to prevent an economic contraction.</p>\n<p>Nonetheless, investors can protect themselves by rotating back into stable value stocks or Big Tech companies that have underperformed on a relative basis. The issue with every insurance is that you are only being paid in the case of a crash, quite literally. After all, valuations of high-growth stocks could continue rising and those not invested miss out on potential gains. Another viable option could be to rotate back into cash, but the same prior issue applies here. Even those who decide to short stocks have to be careful since an upside ceiling doesn't exist in the market.</p>\n<p>This is the point where I would like to address the risks of my thesis: First, inflation may stabilize quicker than expected, which would push a potential interest rate hike back to 2024 or later. In this case, money will continue to be cheap, which will support higher valuations and the growth market in general. Secondly, companies can scale somewhat faster today, making a historical valuation comparison to early years less relevant. Lastly, I could be underappreciating given growth rates and the ability of management to shake off competition in the long run. Still, given the various uncertainties around valuations, I am more fearful than optimistic at the moment.</p>\n<p>In either way, if you have a different opinion or any counterarguments to my thesis, I'm happy to hear about it in the comment section!</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Big Crash Is Imminent</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 Big Crash Is Imminent\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 22:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4439223-the-big-crash-is-imminent><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe continuous easing of monetary policy inflated various stocks to levels last seen during the dot.com bubble in 2000.\nThe bubble is relatively concentrated and doesn't necessarily pose ...</p>\n\n<a href=\"https://seekingalpha.com/article/4439223-the-big-crash-is-imminent\">Web Link</a>\n\n</div>\n\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":"https://seekingalpha.com/article/4439223-the-big-crash-is-imminent","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1155093230","content_text":"Summary\n\nThe continuous easing of monetary policy inflated various stocks to levels last seen during the dot.com bubble in 2000.\nThe bubble is relatively concentrated and doesn't necessarily pose threats to the market as a whole.\nWhile it is clear that there is a strong deviation from historical valuation norms, valuations could continue to rise (at least in the short term).\nThis article is not meant as fear-mongering, and I may very possibly be wrong about my hypothesis.\n\nIt seems that the talk about whether we are in another Tech bubble has been going on for many years. Articles and news calling for the 'crash of the decade' have been condemned as fear-mongering with little substance to them. After all, technology stocks kept on rising, and those who listened missed out on impressive gains. Now, generally speaking, neither have I been too worried about valuations in the best, as fundamentals towards Technology in our society are simply too strong.\nHowever, a lot has changed over the course of the pandemic, which has led me to rethink my perspective. As the global pandemic shut down economies around the world and caused substantial economic contraction, federal banks counteracted by injecting trillions of dollars into the economy in the form of stimulus checks, grants, loans, etc. As a result, fresh liquidity immediately reflected itself in stocks and other market instruments.\nSource: Bloomberg\nThroughout this article, I want to demonstrate a few graphs to strengthen my argument, with the chart above being the first one. The Nasdaq 100 is perhaps the most common index to track the technology market, although it only includes profitable and large-cap Tech stocks. On average, the index currently holds a Price to Sales ratio of 5.7x, levels that the Index last saw in early 2001 after the dot.com bubble began to bust.\nIt is important to note that at the height of the bubble, the ratio stood at 7.5x, around 30% higher than it is right now. Still, the median valuation has been trailing significantly lower, at around 3.5x over the last 20 years. Of course, it can be argued that Technology deserves a higher valuation these days due to the increased use of Technology and perhaps higher growth rates. However, should Technology valuations be nearly 100% higher than just 5 years ago, in 2016, where Technology integration was pretty much at the same level as today?\nProfitability\nIn recent years, unprofitable but growing companies have been favored over mature and profitable companies. Usually, rotations from Growth to Value or the other way around occur every 2-5 years, which is totally unsurprising. Historically, in terms of performance, there has been no significant difference in terms of returns on a risk-adjusted basis - it really does depend on the time period of investing. That said, in the last 5 years, growth outperformed value by a wide margin - by 105% to be exact. I derived this from the 5-year performance chart of Vanguard's Growth ETF vs. Vanguard's Value ETF. This compares with an expected anomaly of 5% annually or a 28% expected anomaly for a 5-year time period.\nSource: Leuthold Group\nUnsurprisingly, the number and market value of unprofitable companies has skyrocketed throughout the last couple of years. Here, the total number of unprofitable firms has skyrocketed to over 200, while their combined value handily beats 2000 levels, reaching nearly $2.5 trillion (3 times higher than in 2000). Of course, there is more money in circulation today, so when accounting for the dollar's real value, they are at comparable levels. Again, either way you twist it, there is a significant anomaly in the value of unprofitable companies in the stock market.\nSource: FT\nAs a result, startups have utilized the opportunity to raise as much money as possible by going public. In total, nearly 900 companies in the U.S. have gone public in 2021, raising over $202 billion collectively. Before, the previous record was set in 2000, when around 600 companies rang the bell. What's even more frightening is the fact that a large portion of IPOs went public through special-purpose acquisition companies (SPACs). Many of these companies were acquired early on, with the only objective to go public as soon as possible. Here, various blank-check companies generate little or no revenues and face a rockier path to raising money through traditional IPOs.\nToday's Bubble\nFrankly, today's bubble is fundamentally different from the 2000 bubble, although there are striking similarities. Arguably, the dot.com bubble revolved purely around Internet stocks. Today, the bubble is much broader, ranging from old written-off industries to Consumer Tech, being concentrated on Cybersecurity. This makes sense, considering Cybersecurity is a quickly evolving industry with potentially billions of earnings for future winners in the space. The same applies to E-commerce, Fintech, Cloud Computing, Gene Editing, and other major future industries.\nData by YCharts\nThis brings me to my next chart: High-flying stars of the early Internet era traded at similar multiples to cloud computing stars of today (when adjusted for monetary changes). However, early market leaders tend to lose competitive advantages in rising industries, in what someresearchersrefer to as \"First to Market First to Fail.\" Here, early entrants typically bury the greatest market and technological uncertainties.\nIn other words, no one knows yet how our new industries will look like and how consumer trends will evolve. For instance, Facebook(NASDAQ:FB)was the 10th social networking company, Google(NASDAQ:GOOG)(NASDAQ:GOOGL)the 12th search engine, etc. Thus, today's most promising companies are unlikely to be the most promising companies 10 years from now. It is therefore questionable if current valuations can be supported in the long term.\nThis is where I want to introduce Cisco's(NASDAQ:CSCO)example from 1999. At the time, the dominating Internet company briefly became the world's mostvaluablecompany, boasting a market cap of $569 billion. Certainly, the market wasn't being crazy at the time, considering Cisco's impressive growth rates and a trillion dollars industry ahead that was changing the world. An extract from Cisco's annual report in 1999:\n\n \"Cisco predicted that the Internet would change the way we work, live, play, and learn. For the fiscal year ending July 31, 1999, Cisco reported revenue of $12.15 billion, a 43 percent increase compared with revenue of $8.49 billion in fiscal 1998. Net income for the year was $2.10 billion or $0.62 per common share, compared with fiscal 1998 net income of $1.35 billion or $0.42 per common share. - CiscoAnnual Report1999\"\n\nNow, at the height of Cisco's valuation, the stock was trading at around 35 times Price to Sales, which is comparable to today's valuations, considering gross margins and growth rates. As with every new industry, competition eventually took market share from Cisco and crushed growth rates, leading to a sequential 87% drop in its share price. Although shares somewhat recovered, Cisco is still trading some 33% below all-time highs 22 years later.\n\"Cisco Could Be Safest Net Play Around\" -Bloomberg 1999\nAgain, that does not necessarily mean that the same will happen to today's stars. After all, early winners like Amazon(NASDAQ:AMZN)and Microsoft(NASDAQ:MSFT)eventually recovered and are now trading well above dot.com levels. However, it is quite unlikely that all of today's stars will also be tomorrow's stars.\nInflation...\nArguably, inflation serves as one of the biggest investment risks in today's market. It was somewhat expected that inflation would tick up once the economy starts to recover with consumer spending skyrocketing. In this regard, the consumer price index rose by 5.4% in June, the highest since August 2008. That is well above the 5% rise reported in May and higher than the 4.9% increase that economists initially forecast. This challenges the Federal Reserve's hopes that the burst of inflationary pressures accompanying the economic reopening will be of temporary nature. Earlier, investors and economists have scrutinized the Federal Reserve's aggressive fiscal and monetary policy.\nSource: Twitter\nFiscal and monetary policy usually serve as driving factors for the creation of bubbles and are simultaneously responsible for their destruction. For instance, in 2000, the Federal Reserve raised interest rates several times; these actions are believed to have caused the bursting of the dot-com bubble. Interestingly, after the Federal Reserve raised interest rates, stocks initially rallied. If we draw comparisons, a similar price movement can be observed today in Tech stocks, particularly growth stocks. Here, prominent names have been rising by 50% or more since May, despite the Fedwarningof higher interest rates and the potential for 'significant declines' in asset prices as valuations continue to climb.\nData by YCharts\nThat said, Fed President Jim Bullard expects the first interest rate hike coming as soon as 2022, which would be even faster than the consensusexpectationfor the first increase to happen in 2023. Earlier in March, officials initially indicated that they see no increase happening until at least 2024. In other words, in a matter of months, the timeline for a rate hike has shifted forward by 2 years. Thus, the next few months will be crucial to determine which way the timeline will shift; for now, it appears that the prior date is more likely.\nWhat about Big Tech?\nThe question remains whether Big Tech stocks will be as severely affected during a notable pullback. Interestingly, except Apple(NASDAQ:AAPL)and Microsoft, FAANG members, including Facebook, Amazon, and Netflix(NASDAQ:NFLX), have been trailing behind in terms of performance, being reflected in the given valuations. Only Apple and Microsoft saw a notable valuation expansion in every significant metric out of the prominent Big Tech names. Here, Apple's P/E and P/S ratio nearly tripled over the last 5 years from 10x to 32x and 2.5x to 7.5x, respectively. These are historical valuation levels and dwarf the valuation expansions of Microsoft and Alphabet, which are supported by growing profitability over the years. However, it should be noticed that Apple's Price to Book Value disproportionately increased as a result of share buybacks.\nData by YCharts\nOn the other hand, Facebook and Amazon observed no significant valuation expansion, which can be tied back to regulatory scrutiny and an overall rotation towards high-growth stocks. Thus, since their market betas are lower than other Tech stocks mentioned earlier, these stocks can serve as a safe haven, at least to some extent. However, an overall drop in the market will lead to short-term weakness in every Technology stock, undervalued or not. Nevertheless, stocks that have underperformed in the rally over the last five years are more likely to outperform during a downturn. Moreover, large Tech companies are less sensitive to higher inflation as they will earn higher interest on their cash reserves.\nSo What?\nThe stock market is always driven by two contradicting emotions: Fear and Optimism. Over the last couple of years, optimism has clearly dominated the Growth/Technology market, yielding impressive returns and widely outperforming stable but profitable companies. However, valuation growth exceeded business growth for many high-growth companies, making various stocks appear increasingly overvalued. While higher valuations can be supported by the acceleration of Technology in the future, striking similarities of the Tech bubble in 2000 make me increasingly cautious of today's market environment.\nBubble or not, many graphs point to a significant anomaly in valuations, and it will be difficult for companies to justify these sorts of valuations in the long term. More importantly, a heating economy with rising inflation will pressure the Federal Reserve to raise interest rates to prevent an economic contraction.\nNonetheless, investors can protect themselves by rotating back into stable value stocks or Big Tech companies that have underperformed on a relative basis. The issue with every insurance is that you are only being paid in the case of a crash, quite literally. After all, valuations of high-growth stocks could continue rising and those not invested miss out on potential gains. Another viable option could be to rotate back into cash, but the same prior issue applies here. Even those who decide to short stocks have to be careful since an upside ceiling doesn't exist in the market.\nThis is the point where I would like to address the risks of my thesis: First, inflation may stabilize quicker than expected, which would push a potential interest rate hike back to 2024 or later. In this case, money will continue to be cheap, which will support higher valuations and the growth market in general. Secondly, companies can scale somewhat faster today, making a historical valuation comparison to early years less relevant. Lastly, I could be underappreciating given growth rates and the ability of management to shake off competition in the long run. Still, given the various uncertainties around valuations, I am more fearful than optimistic at the moment.\nIn either way, if you have a different opinion or any counterarguments to my thesis, I'm happy to hear about it in the comment section!","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152488805,"gmtCreate":1625327377607,"gmtModify":1703740460586,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Any kind soul out there&nbsp;Give me a like plsss&nbsp;Thanks&nbsp;","listText":"Any kind soul out there&nbsp;Give me a like plsss&nbsp;Thanks&nbsp;","text":"Any kind soul out there Give me a like plsss Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/152488805","repostId":"1171891885","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158823606,"gmtCreate":1625144961105,"gmtModify":1703737039242,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Pls give me a like pls…&nbsp;","listText":"Pls give me a like pls…&nbsp;","text":"Pls give me a like pls…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158823606","repostId":"1131385251","repostType":4,"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151901773,"gmtCreate":1625060627192,"gmtModify":1703735094387,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Can I have a like pls …. Thank you&nbsp;","listText":"Can I have a like pls …. Thank you&nbsp;","text":"Can I have a like pls …. Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/151901773","repostId":"1155997499","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111711141,"gmtCreate":1622698696183,"gmtModify":1704189185375,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Can I have a like and comment pls...","listText":"Can I have a like and comment pls...","text":"Can I have a like and comment pls...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/111711141","repostId":"1115876867","repostType":4,"repost":{"id":"1115876867","kind":"news","pubTimestamp":1622678071,"share":"https://ttm.financial/m/news/1115876867?lang=&edition=fundamental","pubTime":"2021-06-03 07:54","market":"us","language":"en","title":"Shares of retail favorite AMC nearly double, company woos investors with free popcorn","url":"https://stock-news.laohu8.com/highlight/detail?id=1115876867","media":"Reuters","summary":"Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on W","content":"<p>Shares of retail investor favorite <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has captivated investors.</p><p>The theater chain operator's shares closed up 95.2% at $62.55, a fresh record. At the close, AMC's market value stood at $28.17 billion, more than ViacomCBS(VIAC.O)and <a href=\"https://laohu8.com/S/K\">Kellogg</a>(K.N), as well as fellow meme-stock <a href=\"https://laohu8.com/S/GME\">GameStop</a>(GME.N).</p><p>In an apparent nod to the retail investors that have hyped the stock in forums such as Reddit’s popular WallStreetBets, AMC CEO Adam Aron on Wednesday announced an initiative that offered even the smallest shareholder a free large popcorn if they signed up to a regular newsletter.</p><p>Among other so-called meme stocks - companies popular with a new generation of social media centric traders on WallStreetBets and other online forums - security software provider <a href=\"https://laohu8.com/S/BBRY\">BlackBerry</a> and headphone maker <a href=\"https://laohu8.com/S/KOSS\">Koss</a> Corp(KOSS.O)rose 31.1% and 68.6%, respectively.</p><p>The massive rise in AMC's shares, which are up about 2,850% from just over $2 at the end of last year, is beginning to resemble the wild ride in shares of <a href=\"https://laohu8.com/S/GME\">GameStop</a> earlier this year.</p><p>\"It's meme stock 2.0.,” said Steve Sosnick, Chief Strategist at <a href=\"https://laohu8.com/S/IBKR\">Interactive Brokers</a>.</p><p>GameStop shares rose more than 1,600% in January, buoyed in part by bearish investors unwinding their bets against the heavily shorted stock in the face of a massive buying surge.</p><p>'GAMMA SQUEEZE'</p><p>Some of the upward price move in AMC is likely being driven by market makers buying up stock to hedge their exposure from selling options, an event known as a “gamma squeeze,” analysts said.</p><p>\"People have learnt what tactics work under these insane circumstances. They are using a very similar play-book,\" Sosnick said.</p><p>Call options that would pay off if the shares topped $73 by Friday were the most heavily trade AMC options on Wednesday, with about 233,000 contracts changing hands.</p><p>With shares approaching that level, market makers who sold these and other similarly bullish contracts were left with no choice but to buy up AMC stock to hedge their own risk, thereby exacerbating the rise in the share price, analysts said.</p><p>\"Market makers are just chasing the stock,\" said Matt Amberson, principal at options analytics firm ORATS.</p><p>Wednesday’s near doubling of the stock price will likely test investors that have shorted AMC. Bearish investors were down $5.2 billion for the year and lost nearly $2.8 billion on Wednesday alone, data from S3 showed.</p><p>\"If you began your short at under $10 and you were sure the stock was overvalued at $10 it makes more sense that it’s over valued at $30 or $70,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, \"at a certain point your losses outweigh your thesis.\"</p><p>The surge in AMC shares comes a day after hedge fund Mudrick Capital Management LP sold a $230 million stake in the company for a profit shortly after acquiring it, saying the stock was overvalued, according to a source.</p><p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> appeared unfazed by the sale, which some analysts characterized as an attempt to cash in on the retail-driven surge in its stock.</p><p>\"There's a retail fanaticism with this stock right now,\" said MKM Partners analyst Eric Handler, who has a sell rating and a $1 price target on AMC stock. \"There's such a disconnect between what the stock's doing and what the fundamentals look like.\"</p><p>On <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> and WallStreetBets, some users exhorted <a href=\"https://laohu8.com/S/AONE\">one</a> another to hold on to their shares of AMC while others cheered on the rally.</p><p>\"$amc let’s go again to $100 and beyond,\" wrote <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> user @Rodolf30592158.</p><p>AMC was the most heavily traded name in options on Wednesday, with 4.6 million contracts traded. About $39 billion worth of AMC shares was traded on Wednesday, by far the most of any stock on Wall Street, per Refinitiv data.</p><p>The company has been among the biggest gainers from a deluge of interest in so-called meme stocks.</p><p>\"The (retail trading) party could go on as long as investors could continue co-acting,\" said Ipek Ozkardeskaya, senior analyst at Swissquote. \"The problem is, the higher the price goes, the higher is the temptation to take profit and walk away.\"</p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shares of retail favorite AMC nearly double, company woos investors with free popcorn</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\">\nShares of retail favorite AMC nearly double, company woos investors with free popcorn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has ...</p>\n\n<a href=\"https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.reuters.com/business/amc-shares-set-record-open-meme-stocks-surge-2021-06-02/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115876867","content_text":"Shares of retail investor favorite AMC Entertainment Holdings Inc(AMC.N)nearly doubled in price on Wednesday, extending a breathtaking rally and reinvigorating the meme stock phenomenon that has captivated investors.The theater chain operator's shares closed up 95.2% at $62.55, a fresh record. At the close, AMC's market value stood at $28.17 billion, more than ViacomCBS(VIAC.O)and Kellogg(K.N), as well as fellow meme-stock GameStop(GME.N).In an apparent nod to the retail investors that have hyped the stock in forums such as Reddit’s popular WallStreetBets, AMC CEO Adam Aron on Wednesday announced an initiative that offered even the smallest shareholder a free large popcorn if they signed up to a regular newsletter.Among other so-called meme stocks - companies popular with a new generation of social media centric traders on WallStreetBets and other online forums - security software provider BlackBerry and headphone maker Koss Corp(KOSS.O)rose 31.1% and 68.6%, respectively.The massive rise in AMC's shares, which are up about 2,850% from just over $2 at the end of last year, is beginning to resemble the wild ride in shares of GameStop earlier this year.\"It's meme stock 2.0.,” said Steve Sosnick, Chief Strategist at Interactive Brokers.GameStop shares rose more than 1,600% in January, buoyed in part by bearish investors unwinding their bets against the heavily shorted stock in the face of a massive buying surge.'GAMMA SQUEEZE'Some of the upward price move in AMC is likely being driven by market makers buying up stock to hedge their exposure from selling options, an event known as a “gamma squeeze,” analysts said.\"People have learnt what tactics work under these insane circumstances. They are using a very similar play-book,\" Sosnick said.Call options that would pay off if the shares topped $73 by Friday were the most heavily trade AMC options on Wednesday, with about 233,000 contracts changing hands.With shares approaching that level, market makers who sold these and other similarly bullish contracts were left with no choice but to buy up AMC stock to hedge their own risk, thereby exacerbating the rise in the share price, analysts said.\"Market makers are just chasing the stock,\" said Matt Amberson, principal at options analytics firm ORATS.Wednesday’s near doubling of the stock price will likely test investors that have shorted AMC. Bearish investors were down $5.2 billion for the year and lost nearly $2.8 billion on Wednesday alone, data from S3 showed.\"If you began your short at under $10 and you were sure the stock was overvalued at $10 it makes more sense that it’s over valued at $30 or $70,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, \"at a certain point your losses outweigh your thesis.\"The surge in AMC shares comes a day after hedge fund Mudrick Capital Management LP sold a $230 million stake in the company for a profit shortly after acquiring it, saying the stock was overvalued, according to a source.Investors appeared unfazed by the sale, which some analysts characterized as an attempt to cash in on the retail-driven surge in its stock.\"There's a retail fanaticism with this stock right now,\" said MKM Partners analyst Eric Handler, who has a sell rating and a $1 price target on AMC stock. \"There's such a disconnect between what the stock's doing and what the fundamentals look like.\"On Twitter and WallStreetBets, some users exhorted one another to hold on to their shares of AMC while others cheered on the rally.\"$amc let’s go again to $100 and beyond,\" wrote Twitter user @Rodolf30592158.AMC was the most heavily traded name in options on Wednesday, with 4.6 million contracts traded. About $39 billion worth of AMC shares was traded on Wednesday, by far the most of any stock on Wall Street, per Refinitiv data.The company has been among the biggest gainers from a deluge of interest in so-called meme stocks.\"The (retail trading) party could go on as long as investors could continue co-acting,\" said Ipek Ozkardeskaya, senior analyst at Swissquote. \"The problem is, the higher the price goes, the higher is the temptation to take profit and walk away.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581507913921607","authorId":"3581507913921607","name":"WuM","avatar":"https://static.tigerbbs.com/95d411ee34efb9c1c7d37e68493e105c","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581507913921607","authorIdStr":"3581507913921607"},"content":"done! reply me too!","text":"done! reply me too!","html":"done! reply me too!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157679697,"gmtCreate":1625581734819,"gmtModify":1703744353545,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Can some kind soul give me a like. Please&nbsp;Thanks","listText":"Can some kind soul give me a like. Please&nbsp;Thanks","text":"Can some kind soul give me a like. Please Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157679697","repostId":"1189769697","repostType":4,"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158829784,"gmtCreate":1625144907248,"gmtModify":1703737038585,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Indeed very volatile…","listText":"Indeed very volatile…","text":"Indeed very volatile…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158829784","repostId":"2147481155","repostType":4,"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185454192,"gmtCreate":1623669410516,"gmtModify":1704208209960,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Pls like n comment pls&nbsp;","listText":"Pls like n comment pls&nbsp;","text":"Pls like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/185454192","repostId":"1135133788","repostType":4,"repost":{"id":"1135133788","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623659116,"share":"https://ttm.financial/m/news/1135133788?lang=&edition=fundamental","pubTime":"2021-06-14 16:25","market":"us","language":"en","title":"Bitcoin sector stocks gained in pre-market trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1135133788","media":"Tiger Newspress","summary":"Bitcoin sector stocks gained in pre-market trading,CAN shares rose more than 10% in pre-market.\nTesl","content":"<p>Bitcoin sector stocks gained in pre-market&nbsp;trading,CAN&nbsp;shares rose&nbsp;more&nbsp;than 10% in pre-market.</p>\n<p><img src=\"https://static.tigerbbs.com/1cda23fae4fdb5dd7e0432d6b4d8a397\" tg-width=\"1285\" tg-height=\"627\" referrerpolicy=\"no-referrer\">Tesla&nbsp;CEO&nbsp;Elon Musk&nbsp;on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.</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>Bitcoin sector stocks gained in pre-market trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin sector stocks gained in pre-market trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-14 16:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bitcoin sector stocks gained in pre-market&nbsp;trading,CAN&nbsp;shares rose&nbsp;more&nbsp;than 10% in pre-market.</p>\n<p><img src=\"https://static.tigerbbs.com/1cda23fae4fdb5dd7e0432d6b4d8a397\" tg-width=\"1285\" tg-height=\"627\" referrerpolicy=\"no-referrer\">Tesla&nbsp;CEO&nbsp;Elon Musk&nbsp;on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAN":"嘉楠科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135133788","content_text":"Bitcoin sector stocks gained in pre-market trading,CAN shares rose more than 10% in pre-market.\nTesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.","news_type":1},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166482811,"gmtCreate":1624022741833,"gmtModify":1703826797776,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"E-commerce is a very common and in trend thing","listText":"E-commerce is a very common and in trend thing","text":"E-commerce is a very common and in trend thing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166482811","repostId":"1140699063","repostType":4,"repost":{"id":"1140699063","kind":"news","pubTimestamp":1624020833,"share":"https://ttm.financial/m/news/1140699063?lang=&edition=fundamental","pubTime":"2021-06-18 20:53","market":"us","language":"en","title":"As e-commerce sales proliferate, Amazon holds on to top online retail spot","url":"https://stock-news.laohu8.com/highlight/detail?id=1140699063","media":"cnbc","summary":"As Amazon prepares for its annual Prime Day megasale, its reign as the biggest online retailer in th","content":"<div>\n<p>As Amazon prepares for its annual Prime Day megasale, its reign as the biggest online retailer in the country is eye-popping: It's projected to be raking in more than 40% of the nation's e-commerce ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/as-e-commerce-sales-proliferate-amazon-holds-on-to-top-online-retail-spot.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As e-commerce sales proliferate, Amazon holds on to top online retail spot</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\">\nAs e-commerce sales proliferate, Amazon holds on to top online retail spot\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 20:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/18/as-e-commerce-sales-proliferate-amazon-holds-on-to-top-online-retail-spot.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As Amazon prepares for its annual Prime Day megasale, its reign as the biggest online retailer in the country is eye-popping: It's projected to be raking in more than 40% of the nation's e-commerce ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/as-e-commerce-sales-proliferate-amazon-holds-on-to-top-online-retail-spot.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.cnbc.com/2021/06/18/as-e-commerce-sales-proliferate-amazon-holds-on-to-top-online-retail-spot.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1140699063","content_text":"As Amazon prepares for its annual Prime Day megasale, its reign as the biggest online retailer in the country is eye-popping: It's projected to be raking in more than 40% of the nation's e-commerce sales by the end of 2021.\nAmazon's dominance on the internet has only grown as shopping online becomes second nature for many consumers. That's exactly what has transpired over the past 13 years.\nIn 2008, e-commerce sales accounted for just 3.6% of total retail sales in the United States, according to data from eMarketer. Following gradual growth year after year, that figure skyrocketed to 14% in 2020, as the Covid pandemic fueled online spending on everything from groceries and toilet paper to spin bikes and workout clothes. E-commerce sales are predicted to account for 15.3% of total retail sales by the end of this year and jump to 23.5% by 2025, eMarketer said.\n\nFalling second to Amazon and far behind, big-box chainWalmartis predicted to take about 7% of the digital retail market this year. The two are followed byeBay,Apple,Home Depot,TargetandBest Buy, according to eMarketer.\nWalmart and Target are holding competing deals events — as they have in past years — to coincide with Amazon Prime Day 2021. Both discounters will start sales on Sunday, but Walmart's offers extend through Wednesday, while Target and Amazon end on Tuesday. Both Walmart and Target hope to reach customers who are already browsing the web on Prime Day for summer discounts.\n\nAccording toa recent research reportfromJPMorgan, Amazon is on track to overtake Walmart as the largest U.S. retailer in 2022, as it gains a greater and greater share of the total e-commerce market. Consumers' accelerated adoption of internet shopping during the Covid pandemic has also provided a lift to other areas of Amazon's business, too, JPMorgan said.\nEMarketer is forecasting that total digital sales in the U.S. on Prime Day will jump 17.3% year over year to $12.18 billion. Sales made exclusively on Amazon on Prime Day will grow 18.3% from 2020 levels, to $7.31 billion, it said.\nLast year, Amazon's typical July timing for its shopping extravaganza was postponed all the way into October because of the pandemic. Prime Day ended up marking the unofficial kick-off to the holiday shopping season.\nBack on a more normal schedule,this year's event has been moved up slightlyinto June. Experts say the company is looking to boost spending in what is normally a slower time in the retail calendar. The new timing could also prompt an earlier kickoff to back-to-school shopping.\n\"Amazon will be coy, when they announce ... and so they have the benefit of knowing what they're doing to make sure that they're in a good position,\" Rod Sides, a vice chairman of retail and distribution at Deloitte, said in an interview. \"Whereas the others are responding.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166480301,"gmtCreate":1624022512203,"gmtModify":1703826790318,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Wow… looks good…","listText":"Wow… looks good…","text":"Wow… looks good…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166480301","repostId":"1147049745","repostType":4,"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150840403,"gmtCreate":1624893918202,"gmtModify":1703847400612,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Please give me a like..&nbsp;thank you&nbsp;","listText":"Please give me a like..&nbsp;thank you&nbsp;","text":"Please give me a like.. thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150840403","repostId":"1186693886","repostType":2,"repost":{"id":"1186693886","kind":"news","pubTimestamp":1624271822,"share":"https://ttm.financial/m/news/1186693886?lang=&edition=fundamental","pubTime":"2021-06-21 18:37","market":"us","language":"en","title":"FedEx Reports Earnings on Thursday. Why the Stock Can Still Deliver.","url":"https://stock-news.laohu8.com/highlight/detail?id=1186693886","media":"Barrons","summary":"FedEx can charge higher fees when demand strengthens, thanks to the duopoly it shares with United Pa","content":"<p>FedEx can charge higher fees when demand strengthens, thanks to the duopoly it shares with United Parcel Service. That should add up to a strong earnings report this week.</p>\n<p>Massive demand for shipping—even as companies charge more for their products due to supply constraints—has allowed FedEx (ticker: FDX) to hike its prices without added expenses, explains Rick Patterson, an analyst at Loop Capital Markets. That helps drive profit margins, which are expected to expand to 8.3% in 2022 from 7.7% in 2021, according to&nbsp;FactSet data.</p>\n<p>Investors will get a chance to put all that to the test on June 24, whenFedEx reports earnings. The stock has fallen about 6% in the past eight trading sessions, following UPS’s (UPS)&nbsp;disappointing investor day&nbsp;on June 9. Yet Big Brown said pricing is strong and its operating profit margins should rise&nbsp;for the coming two years. That’s essentially what Patterson expects for FedEx.</p>\n<p>The overall health of the parcel shipping business is seen in analyst estimates. For its fiscal fourth quarter, FedEx is expected to report a profit of $4.98 a share, up from $2.53 a year ago, on sales of $21.5 billion, up from $17.4 billion.</p>\n<p>Its guidance for fiscal 2022 will be more important, explains Citigroup analyst&nbsp;Christian Wetherbee. He sees FedEx forecasting earnings of as much as $22 a share, above the consensus for $20.39. “We expect FedEx to be more vocal about the pricing opportunity in parcel and see a path toward $25 in EPS, which supports our long-term bull case of $550,” he writes.</p>\n<p>A big beat and strong guidance will probably be needed to move the stock higher. Shares, which closed at $285.32 on Friday, have gone nowhere since December. Yet they trade at under 14 times calendar-year 2022 estimated earnings, below UPS’s 17 times.</p>\n<p>With the stock trading like that, perhaps investors are worried about nothing. If FedEx tops estimates, don’t be surprised if its stock delivers too.</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>FedEx Reports Earnings on Thursday. Why the Stock Can Still Deliver.</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\">\nFedEx Reports Earnings on Thursday. Why the Stock Can Still Deliver.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 18:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/fedex-earnings-51624063524?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FedEx can charge higher fees when demand strengthens, thanks to the duopoly it shares with United Parcel Service. That should add up to a strong earnings report this week.\nMassive demand for shipping—...</p>\n\n<a href=\"https://www.barrons.com/articles/fedex-earnings-51624063524?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":{"FDX":"联邦快递"},"source_url":"https://www.barrons.com/articles/fedex-earnings-51624063524?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186693886","content_text":"FedEx can charge higher fees when demand strengthens, thanks to the duopoly it shares with United Parcel Service. That should add up to a strong earnings report this week.\nMassive demand for shipping—even as companies charge more for their products due to supply constraints—has allowed FedEx (ticker: FDX) to hike its prices without added expenses, explains Rick Patterson, an analyst at Loop Capital Markets. That helps drive profit margins, which are expected to expand to 8.3% in 2022 from 7.7% in 2021, according to FactSet data.\nInvestors will get a chance to put all that to the test on June 24, whenFedEx reports earnings. The stock has fallen about 6% in the past eight trading sessions, following UPS’s (UPS) disappointing investor day on June 9. Yet Big Brown said pricing is strong and its operating profit margins should rise for the coming two years. That’s essentially what Patterson expects for FedEx.\nThe overall health of the parcel shipping business is seen in analyst estimates. For its fiscal fourth quarter, FedEx is expected to report a profit of $4.98 a share, up from $2.53 a year ago, on sales of $21.5 billion, up from $17.4 billion.\nIts guidance for fiscal 2022 will be more important, explains Citigroup analyst Christian Wetherbee. He sees FedEx forecasting earnings of as much as $22 a share, above the consensus for $20.39. “We expect FedEx to be more vocal about the pricing opportunity in parcel and see a path toward $25 in EPS, which supports our long-term bull case of $550,” he writes.\nA big beat and strong guidance will probably be needed to move the stock higher. Shares, which closed at $285.32 on Friday, have gone nowhere since December. Yet they trade at under 14 times calendar-year 2022 estimated earnings, below UPS’s 17 times.\nWith the stock trading like that, perhaps investors are worried about nothing. If FedEx tops estimates, don’t be surprised if its stock delivers too.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168319606,"gmtCreate":1623950021505,"gmtModify":1703824547808,"author":{"id":"3585632581777273","authorId":"3585632581777273","name":"Phyblesseth","avatar":"https://static.tigerbbs.com/e94a6d6499d96f0da3914b31c2f0eb66","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585632581777273","authorIdStr":"3585632581777273"},"themes":[],"htmlText":"Could U help by liking and comments here. Pls&nbsp;Thank you","listText":"Could U help by liking and comments here. Pls&nbsp;Thank you","text":"Could U help by liking and comments here. Pls Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168319606","repostId":"1175322624","repostType":4,"repost":{"id":"1175322624","kind":"news","pubTimestamp":1623940991,"share":"https://ttm.financial/m/news/1175322624?lang=&edition=fundamental","pubTime":"2021-06-17 22:43","market":"us","language":"en","title":"Fisker Jumps on EV-Production Pact With Magna International","url":"https://stock-news.laohu8.com/highlight/detail?id=1175322624","media":".thestreet","summary":"Fisker   was higher after it said it signed an agreement under which Magna International,  the mobility technology company, would produce its electric vehicles.As part of the partnership, Fisker's all-electric Ocean SUV is expected to start production at the Aurora, Ontario, company's facility in Graz, Austria, starting Nov. 17, 2022.\"From the start of this partnership, Fisker and Magna aligned very quickly on the importance of delivering a high-quality vehicle on time,\" Chief Executive Henrik F","content":"<p>Fisker&nbsp;(<b>FSR</b>) &nbsp;was higher after it&nbsp;said&nbsp;it signed an agreement under which Magna International,&nbsp;(<b>MGA</b>)&nbsp;the mobility technology company, would produce its electric vehicles.</p>\n<p>As part of the partnership, Fisker's all-electric Ocean SUV is expected to start production at the Aurora, Ontario, company's facility in Graz, Austria, starting Nov. 17, 2022.</p>\n<p>\"From the start of this partnership, Fisker and Magna aligned very quickly on the importance of delivering a high-quality vehicle on time,\" Chief Executive Henrik Fisker said in a statement.</p>\n<p>The Graz manufacturing facility has produced more than 3.7 million vehicles for several global automakers.</p>\n<p>The agreement is \"broad-based\" covering planned volumes, manufacturing costs and quality metrics over the program's lifecycle which runs through 2029.</p>\n<p>The Ocean SUV from the Los Angeles company will use a version of a Magna-developed electric-vehicle architecture. Fisker will modify that architecture to create new intellectual property that it expects to deliver \"class-leading range\" while also lowering manufacturing costs.</p>\n<p>Fisker now expects Ocean to enter the market with a starting list price of $37,499 in the U.S., excluding electric vehicle-related subsidies, and below&nbsp;€32,000 ($38,200) in Germany (including taxes and EV-related subsidies).</p>\n<p>\"Our asset-lite model, reinforced by partners like Magna, is powering Fisker towards its planned delivery of the Ocean with features and functions exceeding our original aspirations,\" said Fisker. He added that the company is scaling rapidly.</p>\n<p>Fisker shares at last check were 3.1% higher at $18.29. Magna's shares traded on the New York Stock Exchange were off 0.5% at $92.74.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fisker Jumps on EV-Production Pact With Magna International</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\">\nFisker Jumps on EV-Production Pact With Magna International\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 22:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/fisker-higher-after-finalizing-magna-intl-production-agreement><strong>.thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fisker (FSR)  was higher after it said it signed an agreement under which Magna International, (MGA) the mobility technology company, would produce its electric vehicles.\nAs part of the partnership, ...</p>\n\n<a href=\"https://www.thestreet.com/investing/fisker-higher-after-finalizing-magna-intl-production-agreement\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSR":"菲斯克"},"source_url":"https://www.thestreet.com/investing/fisker-higher-after-finalizing-magna-intl-production-agreement","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175322624","content_text":"Fisker (FSR)  was higher after it said it signed an agreement under which Magna International, (MGA) the mobility technology company, would produce its electric vehicles.\nAs part of the partnership, Fisker's all-electric Ocean SUV is expected to start production at the Aurora, Ontario, company's facility in Graz, Austria, starting Nov. 17, 2022.\n\"From the start of this partnership, Fisker and Magna aligned very quickly on the importance of delivering a high-quality vehicle on time,\" Chief Executive Henrik Fisker said in a statement.\nThe Graz manufacturing facility has produced more than 3.7 million vehicles for several global automakers.\nThe agreement is \"broad-based\" covering planned volumes, manufacturing costs and quality metrics over the program's lifecycle which runs through 2029.\nThe Ocean SUV from the Los Angeles company will use a version of a Magna-developed electric-vehicle architecture. Fisker will modify that architecture to create new intellectual property that it expects to deliver \"class-leading range\" while also lowering manufacturing costs.\nFisker now expects Ocean to enter the market with a starting list price of $37,499 in the U.S., excluding electric vehicle-related subsidies, and below €32,000 ($38,200) in Germany (including taxes and EV-related subsidies).\n\"Our asset-lite model, reinforced by partners like Magna, is powering Fisker towards its planned delivery of the Ocean with features and functions exceeding our original aspirations,\" said Fisker. He added that the company is scaling rapidly.\nFisker shares at last check were 3.1% higher at $18.29. Magna's shares traded on the New York Stock Exchange were off 0.5% at $92.74.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}