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jetng1

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2021-06-10

Buy

Can Alibaba Stock Hit $1,000? What's The Outlook

2021-06-03

Nice

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2021-06-17

To the moon!

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2021-06-11

So what will you do with your money? Comment!

Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says

2021-06-09

Let's go!

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2021-06-08

Nice

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMore people view crypto assets as acceptable investment, says UK watchdog\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\">2021-06-17 19:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, June 17 (Reuters) - More people see crypto assets as a mainstream investment rather than a \"gamble\" as ownership of bitcoin and similar crypto currencies has risen to 2.3 millon adults in Britain this year, the Financial Conduct Authority said on Thursday.</p>\n<p>Regulators have repeatedly warned consumers about the \"speculative\" nature of largely unregulated crypto assets, with bitcoin hitting a high of around $64,899 in April before a sharp drop left it trading around at $39,344 on Thursday morning.</p>\n<p>But people increasingly see crypto assets as a potential investment, even though the level of understanding of the sector is declining, the FCA said in its fourth study into crypto assets ownership.</p>\n<p>The number of UK adults owning crypto assets has risen quickly from 1.9 million in 2020, the FCA said, adding that the number of people who view them as a gamble fell to 38% from 47% over the same period.</p>\n<p>The average holding has risen to 300 pounds ($419.58) from 260 pounds, reflecting price rises, while ownership remains skewed to professional men over 35 years old, the FCA said.</p>\n<p>Enthusiasm is growing, with over half of crypto holders saying they have had a positive experience so far and are likely to buy more, the FCA said.</p>\n<p>Sheldon Mills, the FCA's executive director for consumers and competition, said it was important for consumers to understand that the assets are largely unregulated.</p>\n<p>\"If consumers invest in these types of products, they should be prepared to lose all their money,\" Mills said in a statement.</p>\n<p>The latest survey also looked at stablecoins like <a href=\"https://laohu8.com/S/FB\">Facebook</a>'s Diem for the first time. Stablecoins seek to avoid volatility by being tied to an asset such as a currency.</p>\n<p>Ownership of stablecoins is much lower, with 87% of crypto users saying none of the crypto currencies they bought were stablecoins.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144743097","content_text":"LONDON, June 17 (Reuters) - More people see crypto assets as a mainstream investment rather than a \"gamble\" as ownership of bitcoin and similar crypto currencies has risen to 2.3 millon adults in Britain this year, the Financial Conduct Authority said on Thursday.\nRegulators have repeatedly warned consumers about the \"speculative\" nature of largely unregulated crypto assets, with bitcoin hitting a high of around $64,899 in April before a sharp drop left it trading around at $39,344 on Thursday morning.\nBut people increasingly see crypto assets as a potential investment, even though the level of understanding of the sector is declining, the FCA said in its fourth study into crypto assets ownership.\nThe number of UK adults owning crypto assets has risen quickly from 1.9 million in 2020, the FCA said, adding that the number of people who view them as a gamble fell to 38% from 47% over the same period.\nThe average holding has risen to 300 pounds ($419.58) from 260 pounds, reflecting price rises, while ownership remains skewed to professional men over 35 years old, the FCA said.\nEnthusiasm is growing, with over half of crypto holders saying they have had a positive experience so far and are likely to buy more, the FCA said.\nSheldon Mills, the FCA's executive director for consumers and competition, said it was important for consumers to understand that the assets are largely unregulated.\n\"If consumers invest in these types of products, they should be prepared to lose all their money,\" Mills said in a statement.\nThe latest survey also looked at stablecoins like Facebook's Diem for the first time. Stablecoins seek to avoid volatility by being tied to an asset such as a currency.\nOwnership of stablecoins is much lower, with 87% of crypto users saying none of the crypto currencies they bought were stablecoins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188383567,"gmtCreate":1623421541359,"gmtModify":1704203289181,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"So what will you do with your money? Comment!&nbsp;","listText":"So what will you do with your money? Comment!&nbsp;","text":"So what will you do with your money? Comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188383567","repostId":"1196090491","repostType":4,"repost":{"id":"1196090491","pubTimestamp":1623418568,"share":"https://ttm.financial/m/news/1196090491?lang=&edition=fundamental","pubTime":"2021-06-11 21:36","market":"us","language":"en","title":"Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1196090491","media":"cnbc","summary":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May ","content":"<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.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 undergoing a ‘structural shift’ and these markets will benefit, strategist 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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196090491","content_text":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.\n\nEuropean stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser.\nTheU.S. consumer price index on Thursday showed a 5% jump in headline inflationin May from the previous year, its sharpest increase since 2008. Core inflation, which excludes volatile food and energy prices, also notched a 28-year high of 3.8%.\nWhilemarkets have broadly dismissedthe current red-hot inflation figures as transitory and fueled by short-term anomalous factors, Neuhauser argued that a more fundamental \"structural shift\" was taking place.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings in the U.S., which account for inflation, were down 2.8% in May from the previous year, according to theBureau of Labor Statistics.\n\"As you are seeing prices for automobiles, as prices for houses, as prices for food and energy go up, even though it looks like the economies are starting to boom, the real issue is you're not seeing wages grow as fast,\" Neuhauser told CNBC's \"Squawk Box Europe\" Friday.\n\"Thus ultimately that is going to start to pinch the consumer and as you know, the consumer is 70%-plus of the economy.\"\nIf inflation is indeed here to stay, as Livermore Partners anticipates, Neuhauser suggested this will cause troubles down the line and will cause the Federal Reserve to apply the brakes to its accommodative monetary policy.\nWage growth sluggish\nNeuhauser pointed to McDonald's and Chipotle as examples of companies that have begun to incur substantial and rising input costs while struggling to attract workers in the wake of the pandemic, leading them to offer bonuses and focus on wage growth.\n\"That is ultimately going to increase the price of their goods and services which will of course increase the prices to consumers,\" he added.\nThis could cause problems if these trends combine with the potential tapering of the Fed's unprecedented bond-buying program, Neuhauser suggested.\n“That is going to have the potential at least to start to rerate markets, which look extremely frothy. Ultimately, that is what you have to focus on as an investor,” he said.\n“You have to look at the numbers and you can push them off to the side, but you can’t do that if you start to see more consistent hotter numbers running forward.”\nCommodities ‘supercycle’\nNeuhauser’s fund is now largely focused on commodities, banks and industrials, as he believes commodities are in the start of a new “supercycle” — a decades-long period in which commodity prices remain above long-term trends.\n“We have seen (fewer) mines being built, we have seen oil and gas see capex (capital expenditure) being pulled away as banks aren’t lending anymore, you are seeing ESG initiatives make front and center stage when it comes to board meetings,” he said.\n“I think there has been this structural shift where you have not seen capital, capital has been starved to the complex and ultimately you have a dollar that is looking to potentially fall apart.”\nThis shift means commodities are the place to be for investors over the next three to five years, he argued.\n“We are playing that in terms of some of the smaller cap free cash flow or cash flow businesses out there,” he said.\n“A lot of it is in Europe and a lot of it is international, so I think Europe is going to outperform the U.S. as we go forward and that is where most of our capital is actually at Livermore, in a lot of these European stocks tied to mining.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183611295,"gmtCreate":1623328049317,"gmtModify":1704200956056,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"Buy&nbsp;","listText":"Buy&nbsp;","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/183611295","repostId":"1107871315","repostType":4,"repost":{"id":"1107871315","pubTimestamp":1623315689,"share":"https://ttm.financial/m/news/1107871315?lang=&edition=fundamental","pubTime":"2021-06-10 17:01","market":"hk","language":"en","title":"Can Alibaba Stock Hit $1,000? What's The Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1107871315","media":"seekingalpha","summary":"The \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.Alibaba has considerably more challenges on hand now than in early 2019 , yet the share price manages to be substantially higher.Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.Alibaba's P/E ratio would compress to a mere 11 ti","content":"<p><b>Summary</b></p>\n<ul>\n <li>The \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.</li>\n <li>Alibaba has considerably more challenges on hand now than in early 2019 (U.S.-China trade war), yet the share price manages to be substantially higher.</li>\n <li>Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.</li>\n <li>Alibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.</li>\n <li>An investment in Alibaba has several risk factors and I wish to highlight two key ones.</li>\n</ul>\n<p><b>BABA stock is on sale</b></p>\n<p>Like the millions of items on its platforms, Alibaba Group (BABA) is on sale. Unfortunately, for many shareholders, the \"promotional period\" has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this as it allows them to continue adding to their shares.</p>\n<p>Regardless, as a writer on numerousChinese internet stockswhose share prices have remained depressed for months and reading the harsh comments, it can get disheartening. As a shareholder in several of them myself, I understand the emotions going through the mind.</p>\n<p>At the same time, there have been many wise readers and fellow authors who provided sound advice that keeps me on the path. For instance, Gary Alexander recently wrote regarding thetech sell-off:</p>\n<blockquote>\n \"When the selloff in the tech sector has proven to be this indiscriminate (good and bad, cheap and expensive stocks are all being sold off at roughly the same pace), it's our job as diligent investors to be extremely discerning in the buying opportunities that have surfaced.\"\n</blockquote>\n<p>With BABA stock having given up all its gains in the past year, it's scant comfort to know the share price is still 58 percent higher than early 2019. Nevertheless, I am bringing this up because Alibaba was being shunned by investors then due to the headwinds from the U.S.-China trade war.</p>\n<p><img src=\"https://static.tigerbbs.com/e90c1a30b5b83eb51c67338eab37cb5e\" tg-width=\"640\" tg-height=\"451\" referrerpolicy=\"no-referrer\"></p>\n<p>Now that the e-commerce and cloud giant has considerably more challenges on hand, yet the share price manages to be substantially higher. This provides a glimpse into the possible future where Alibaba Group Holding Limited overcome its immediate struggles and investors clamor for its shares again.</p>\n<p>That said, how do we justify that BABA stock is on sale? Well, let's look at the valuation. Both Alibaba Group and its U.S. peer Amazon.com (AMZN) have delivered solid revenue and earnings growth in the past years. The improvement in business fundamentals has led investors in both companies to think it would only get tougher to achieve returns expected of a growth stock, compressing their price-earnings multiples.</p>\n<p>Looking at the more representative enterprise value to free cash flow [EV/FCF] ratio, it becomes apparent that the market is valuing Alibaba much lower than Amazon. The EV/FCF is only 16 times for Alibaba and 72 times for Amazon.</p>\n<p><img src=\"https://static.tigerbbs.com/57bda237a374d7f6688c298b0fe9ae21\" tg-width=\"640\" tg-height=\"493\" referrerpolicy=\"no-referrer\"></p>\n<p>With a 3-year revenue CAGR and a 5-year revenue CAGR above 40 percent, it's hard to argue Alibaba Group is not a growth stock. Amazon only managed to deliver around 30 percent CAGR for both its 3-year and 5-year revenues. For the last reported quarter, Alibaba scored a 64 percent increase in revenue. Its forward revenue growth of 35.3 percent surpasses that of Amazon as well.</p>\n<table>\n <tbody>\n  <tr>\n   <td>BABA</td>\n   <td>AMZN</td>\n  </tr>\n  <tr>\n   <td>Revenue Growth [YoY]</td>\n   <td><p>40.7%</p></td>\n   <td><p>41.5%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue Growth [FWD]</td>\n   <td><p>35.3%</p></td>\n   <td><p>27.2%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue 3 Year [CAGR]</td>\n   <td><p>42.1%</p></td>\n   <td><p>29.5%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue 5 Year [CAGR]</td>\n   <td><p>48.0%</p></td>\n   <td><p>29.9%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Seeking Alpha Premium (data extracted on June 6, 2021)</i></p>\n<p>During times of uncertainty, it is imperative that companies have plenty of liquidity. Alibaba has loads of cash. Its EV to net cash is at a low 11.5 times compared to 36.6 times for Amazon. In other words, Alibaba has much more cash at its disposal relative to Amazon when we compare the enterprise values of the two companies. With the financial heft to withstand regulatory changes and geopolitical headwinds, it seems BABA shares are now at a bargain.</p>\n<p><b>Alibaba stock forecast</b></p>\n<p>The circumstances leading to the rough patch that Alibaba Group has found itself in are well-publicized. For the uninitiated, here are the key hurdles the company has faced:</p>\n<ul>\n <li>Theeleventh-hour suspensionof the IPO of Ant Group, its fintech arm;</li>\n <li>The\"disappearance\" of Jack Ma, the flamboyant founder of Alibaba Group;</li>\n <li>Antimonopoly investigation on its e-commerce practices and the subsequentpenalty meted out;</li>\n <li>Restructuring of Ant Group such that its finance lending unit isregulated like a bank, crimping its valuation.</li>\n</ul>\n<p>Considering the earlier mentioned formidable headwinds, it might seem ludicrous to think BABA stock can hit $1000 per share, more than quadruple the current price. Nevertheless, drawing a straightforward trend line price chart, BABA shares could reach $1000 sometime in the first quarter of 2027, if it crawls along with the support level.</p>\n<p><img src=\"https://static.tigerbbs.com/00dc7dd1ce5e1c05708abe460be89359\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Yahoo Finance (chart drawn by ALT Perspective)</i></p>\n<p>Do note that I am not factoring in any share consolidation in the interim. I am also not considering the scenario that Alibaba becomes a meme stock which is possible since Redditors tend to promote stocks that are \"hated\" by the market. I am assuming the adage that the stock market is a weighing machine, in the long run, will come to fruition for BABA.</p>\n<p>Is that thought farfetched? Just a couple of months back, I would answer a categorical no. However, as you will see from the chart, BABA's share price has dipped below the long-term support line. Some stocks have experienced such a chart pattern and managed to return above the support-turned-resistance line. It would not be easy but it has happened.</p>\n<p>Of course, the question here is whether $1000 per share is something foreseeable in the future. I say yes, provided the stock can regain its composure and get back up to the multi-year trend line in the next few months or so. If the stock drifts further south instead, the recovery back to the long-term support line would be too onerous, not to mention to get back on the track to $1000.</p>\n<p>The consensus one-year price target for BABA is at $295.60, 37 percent above the prevailing price. Even if the price target does not get revised upwards through the rest of the year, hitting near that level would bring the share price well above the $278 where the support line will be at the end of 2021. This means it isn't that difficult for Alibaba to return to its uptrend.</p>\n<p><img src=\"https://static.tigerbbs.com/6a8487c8f5276e6dd30d79d024833563\" tg-width=\"640\" tg-height=\"478\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Is Alibaba a good long-term stock?</b></p>\n<p>It is common nowadays to read media headlines and comments about fund managers \"dumping BABA stock\". Thus, it came as a surprise to me that Alibaba Group Holding was ranked fifth among \"50 stocks that matter the most to hedge funds,\" according to the Goldman Sachs'Hedge Fund VIP List.</p>\n<p>As many as 77 funds with 10 to 200 positions have Alibaba Group in their portfolios as of 31 March 2021, way higher than the median of 44 for the other stocks. Alibaba even found itself in the top 10 holdings in 35 funds. The average portfolio weight of BABA stock in these funds was 6 percent, the same weighting as Amazon and Visa Inc. (V). The percentage of equity cap of Alibaba owned by hedge funds was 2 percent, also the same as Amazon.</p>\n<p>Masayoshi Son, the CEO of SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF), recently commented that Alibaba is \"a great company, at a low price compared with its fundamentals.\" As SoftBank is a substantial shareholder of Alibaba, perhaps some readers are not convinced.</p>\n<p>However, Alibaba is becoming such a value stock that even \"Warren Buffett would love,\" according to a recent<i>Barron's</i>article. In a selection of high-scoring U.S. stocks from the Validea Buffett model, with market values above $10 billion, Alibaba Group was among the 10 finalists. Of particular note, it received a perfect score based on the Buffett model.</p>\n<p>What are we missing here? According to the consensus forecast, Alibaba is projected to double its earnings per share to nearly $20 in fiscal year ending March 2026, up from the $10.10 it reported in the fiscal year ending March 2021. Correspondingly, its P/E ratio would compress to a mere 11 times on a forward basis, if the share price stayed stagnant.</p>\n<p><img src=\"https://static.tigerbbs.com/3e98d8e98b1ce9bd2ec6a1275eb329f9\" tg-width=\"640\" tg-height=\"276\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p>If the share price does reach $1000, the P/E ratio would be more than 40 times. That would mean a rather rich valuation for Alibaba. However, we have to consider that the formidable headwinds facing the company have resulted in analysts churning out conservative numbers and price targets. As we can see from the following table, the EPS forecast is premised on the revenue growth steadily declining from the 5-year revenue CAGR of 48 percent to the low teens by 2026.</p>\n<p><img src=\"https://static.tigerbbs.com/7b2476ae016bd40d9b86476464121313\" tg-width=\"640\" tg-height=\"207\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p>When Alibaba Group continues to deliver steady revenue and earnings growth over the coming years, coupled with a potentialsustained change in narrative, the sentiment towards the stock could switch back to positive and we could once again see analysts revising their projections in reaction.</p>\n<p><b>Risk factors for Alibaba investors</b></p>\n<p>An investment in Alibaba has several risk factors and I wish to highlight two key ones. First, its ADR shares are listed through a Variable Interest Entity [VIE] structure. Some analysts haveraised the concernthat the Chinese government could one day declare the VIE void and the shares could become worthless overnight technically.</p>\n<p>Rationally though, it does not make sense for Beijing to disavow the VIE structure. Listing on the U.S. markets enables its companies to secure funding for business growth which would, in turn, boost the Chinese economy as well as create jobs.</p>\n<p>Second, the Holding Foreign Companies Accountable Act [HFCAA]signed into lawon 18 December 2020 could result in BABA ADRs delisted from U.S. stock exchanges if Alibaba is unable to fulfill the conditions as stipulated in the Act. The company CFO, Maggie Wu, has expressed her confidence that Alibaba cancomply withthe requirements of the HFCAA.</p>\n<p>Nevertheless, the U.S. government can issue amendments to the Act as it hasdone soin March. There is no certainty that Alibaba would be able to meet all future changes to the HFCAA. Investors have to take such risks into consideration.</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>Can Alibaba Stock Hit $1,000? What's The Outlook</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\">\nCan Alibaba Stock Hit $1,000? What's The Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 17:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.\nAlibaba has considerably more ...</p>\n\n<a href=\"https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1107871315","content_text":"Summary\n\nThe \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.\nAlibaba has considerably more challenges on hand now than in early 2019 (U.S.-China trade war), yet the share price manages to be substantially higher.\nDrawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.\nAlibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.\nAn investment in Alibaba has several risk factors and I wish to highlight two key ones.\n\nBABA stock is on sale\nLike the millions of items on its platforms, Alibaba Group (BABA) is on sale. Unfortunately, for many shareholders, the \"promotional period\" has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this as it allows them to continue adding to their shares.\nRegardless, as a writer on numerousChinese internet stockswhose share prices have remained depressed for months and reading the harsh comments, it can get disheartening. As a shareholder in several of them myself, I understand the emotions going through the mind.\nAt the same time, there have been many wise readers and fellow authors who provided sound advice that keeps me on the path. For instance, Gary Alexander recently wrote regarding thetech sell-off:\n\n \"When the selloff in the tech sector has proven to be this indiscriminate (good and bad, cheap and expensive stocks are all being sold off at roughly the same pace), it's our job as diligent investors to be extremely discerning in the buying opportunities that have surfaced.\"\n\nWith BABA stock having given up all its gains in the past year, it's scant comfort to know the share price is still 58 percent higher than early 2019. Nevertheless, I am bringing this up because Alibaba was being shunned by investors then due to the headwinds from the U.S.-China trade war.\n\nNow that the e-commerce and cloud giant has considerably more challenges on hand, yet the share price manages to be substantially higher. This provides a glimpse into the possible future where Alibaba Group Holding Limited overcome its immediate struggles and investors clamor for its shares again.\nThat said, how do we justify that BABA stock is on sale? Well, let's look at the valuation. Both Alibaba Group and its U.S. peer Amazon.com (AMZN) have delivered solid revenue and earnings growth in the past years. The improvement in business fundamentals has led investors in both companies to think it would only get tougher to achieve returns expected of a growth stock, compressing their price-earnings multiples.\nLooking at the more representative enterprise value to free cash flow [EV/FCF] ratio, it becomes apparent that the market is valuing Alibaba much lower than Amazon. The EV/FCF is only 16 times for Alibaba and 72 times for Amazon.\n\nWith a 3-year revenue CAGR and a 5-year revenue CAGR above 40 percent, it's hard to argue Alibaba Group is not a growth stock. Amazon only managed to deliver around 30 percent CAGR for both its 3-year and 5-year revenues. For the last reported quarter, Alibaba scored a 64 percent increase in revenue. Its forward revenue growth of 35.3 percent surpasses that of Amazon as well.\n\n\n\nBABA\nAMZN\n\n\nRevenue Growth [YoY]\n40.7%\n41.5%\n\n\nRevenue Growth [FWD]\n35.3%\n27.2%\n\n\nRevenue 3 Year [CAGR]\n42.1%\n29.5%\n\n\nRevenue 5 Year [CAGR]\n48.0%\n29.9%\n\n\n\nSource: Seeking Alpha Premium (data extracted on June 6, 2021)\nDuring times of uncertainty, it is imperative that companies have plenty of liquidity. Alibaba has loads of cash. Its EV to net cash is at a low 11.5 times compared to 36.6 times for Amazon. In other words, Alibaba has much more cash at its disposal relative to Amazon when we compare the enterprise values of the two companies. With the financial heft to withstand regulatory changes and geopolitical headwinds, it seems BABA shares are now at a bargain.\nAlibaba stock forecast\nThe circumstances leading to the rough patch that Alibaba Group has found itself in are well-publicized. For the uninitiated, here are the key hurdles the company has faced:\n\nTheeleventh-hour suspensionof the IPO of Ant Group, its fintech arm;\nThe\"disappearance\" of Jack Ma, the flamboyant founder of Alibaba Group;\nAntimonopoly investigation on its e-commerce practices and the subsequentpenalty meted out;\nRestructuring of Ant Group such that its finance lending unit isregulated like a bank, crimping its valuation.\n\nConsidering the earlier mentioned formidable headwinds, it might seem ludicrous to think BABA stock can hit $1000 per share, more than quadruple the current price. Nevertheless, drawing a straightforward trend line price chart, BABA shares could reach $1000 sometime in the first quarter of 2027, if it crawls along with the support level.\n\nSource: Yahoo Finance (chart drawn by ALT Perspective)\nDo note that I am not factoring in any share consolidation in the interim. I am also not considering the scenario that Alibaba becomes a meme stock which is possible since Redditors tend to promote stocks that are \"hated\" by the market. I am assuming the adage that the stock market is a weighing machine, in the long run, will come to fruition for BABA.\nIs that thought farfetched? Just a couple of months back, I would answer a categorical no. However, as you will see from the chart, BABA's share price has dipped below the long-term support line. Some stocks have experienced such a chart pattern and managed to return above the support-turned-resistance line. It would not be easy but it has happened.\nOf course, the question here is whether $1000 per share is something foreseeable in the future. I say yes, provided the stock can regain its composure and get back up to the multi-year trend line in the next few months or so. If the stock drifts further south instead, the recovery back to the long-term support line would be too onerous, not to mention to get back on the track to $1000.\nThe consensus one-year price target for BABA is at $295.60, 37 percent above the prevailing price. Even if the price target does not get revised upwards through the rest of the year, hitting near that level would bring the share price well above the $278 where the support line will be at the end of 2021. This means it isn't that difficult for Alibaba to return to its uptrend.\n\nIs Alibaba a good long-term stock?\nIt is common nowadays to read media headlines and comments about fund managers \"dumping BABA stock\". Thus, it came as a surprise to me that Alibaba Group Holding was ranked fifth among \"50 stocks that matter the most to hedge funds,\" according to the Goldman Sachs'Hedge Fund VIP List.\nAs many as 77 funds with 10 to 200 positions have Alibaba Group in their portfolios as of 31 March 2021, way higher than the median of 44 for the other stocks. Alibaba even found itself in the top 10 holdings in 35 funds. The average portfolio weight of BABA stock in these funds was 6 percent, the same weighting as Amazon and Visa Inc. (V). The percentage of equity cap of Alibaba owned by hedge funds was 2 percent, also the same as Amazon.\nMasayoshi Son, the CEO of SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF), recently commented that Alibaba is \"a great company, at a low price compared with its fundamentals.\" As SoftBank is a substantial shareholder of Alibaba, perhaps some readers are not convinced.\nHowever, Alibaba is becoming such a value stock that even \"Warren Buffett would love,\" according to a recentBarron'sarticle. In a selection of high-scoring U.S. stocks from the Validea Buffett model, with market values above $10 billion, Alibaba Group was among the 10 finalists. Of particular note, it received a perfect score based on the Buffett model.\nWhat are we missing here? According to the consensus forecast, Alibaba is projected to double its earnings per share to nearly $20 in fiscal year ending March 2026, up from the $10.10 it reported in the fiscal year ending March 2021. Correspondingly, its P/E ratio would compress to a mere 11 times on a forward basis, if the share price stayed stagnant.\n\nSource: Seeking Alpha Premium\nIf the share price does reach $1000, the P/E ratio would be more than 40 times. That would mean a rather rich valuation for Alibaba. However, we have to consider that the formidable headwinds facing the company have resulted in analysts churning out conservative numbers and price targets. As we can see from the following table, the EPS forecast is premised on the revenue growth steadily declining from the 5-year revenue CAGR of 48 percent to the low teens by 2026.\n\nSource: Seeking Alpha Premium\nWhen Alibaba Group continues to deliver steady revenue and earnings growth over the coming years, coupled with a potentialsustained change in narrative, the sentiment towards the stock could switch back to positive and we could once again see analysts revising their projections in reaction.\nRisk factors for Alibaba investors\nAn investment in Alibaba has several risk factors and I wish to highlight two key ones. First, its ADR shares are listed through a Variable Interest Entity [VIE] structure. Some analysts haveraised the concernthat the Chinese government could one day declare the VIE void and the shares could become worthless overnight technically.\nRationally though, it does not make sense for Beijing to disavow the VIE structure. Listing on the U.S. markets enables its companies to secure funding for business growth which would, in turn, boost the Chinese economy as well as create jobs.\nSecond, the Holding Foreign Companies Accountable Act [HFCAA]signed into lawon 18 December 2020 could result in BABA ADRs delisted from U.S. stock exchanges if Alibaba is unable to fulfill the conditions as stipulated in the Act. The company CFO, Maggie Wu, has expressed her confidence that Alibaba cancomply withthe requirements of the HFCAA.\nNevertheless, the U.S. government can issue amendments to the Act as it hasdone soin March. There is no certainty that Alibaba would be able to meet all future changes to the HFCAA. Investors have to take such risks into consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180472313,"gmtCreate":1623224289032,"gmtModify":1704198693143,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"Let's go!&nbsp;","listText":"Let's go!&nbsp;","text":"Let's go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180472313","repostId":"1174294980","repostType":2,"repost":{"id":"1174294980","pubTimestamp":1622795794,"share":"https://ttm.financial/m/news/1174294980?lang=&edition=fundamental","pubTime":"2021-06-04 16:36","market":"us","language":"en","title":"Pinduoduo: Fastening Our Seatbelts Before The Takeoff","url":"https://stock-news.laohu8.com/highlight/detail?id=1174294980","media":"seekingalpha","summary":"Summary\n\nPinduoduo's price has faced increased pressure lately along with the rest of its Chinese pe","content":"<p><b>Summary</b></p>\n<ul>\n <li>Pinduoduo's price has faced increased pressure lately along with the rest of its Chinese peers.</li>\n <li>The company continues snowballing, with analyst estimates hardly reflecting its current growth trajectory.</li>\n <li>The stock remains substantially undervalued even by utilizing prudent growth metrics.</li>\n <li>We continue building our position by selling PUTs, therefore increasing our margin of safety and setting a lower average buying price before the stock's (eventual) takeoff towards its fair price.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/545e2c2f7b0bd637a8869f73f02365cd\" tg-width=\"1536\" tg-height=\"733\" referrerpolicy=\"no-referrer\"><span>Photo by ipopba/iStock via Getty Images</span></p>\n<p><b>Chinese equities: The pressure remains</b></p>\n<p>A little over a month ago, we&nbsp;chose&nbsp;Alibaba (BABA) as our top Consumer Discretionary pick moving forward into the year. Simply summed up, amongst the extended valuations in the sector, Alibaba's robust growth both in its top and the bottom line was (and is) too hard to ignore at its current depressed valuation, despite the risks and volatility surrounding Chinese equities.</p>\n<p>Since then, shares have exchanged hands at even lower prices, but we remain strong believers in Alibaba's and China's long-term potential in general and don't worry too much for now.</p>\n<p>The funny thing is that both the CCP (domestically) and the US (internationally) are giving Chinese stocks trading in the US a hard time. Obviously, the two parties have different reasons and mindsets, but for us (investors), the outcome is similar - lower stock prices.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bbb980c57543c209007d829e2e0341ba\" tg-width=\"635\" tg-height=\"538\"><span>Data by YCharts</span></p>\n<ul>\n <li>Can this pressure last a while longer? Yes, it can.</li>\n <li>Can Chinese stocks lose more value (as a result)? Yes, they can.</li>\n <li>Do we still see these stocks as a superb long-term purchase? Yes, we do.</li>\n</ul>\n<p>Lately, we've sold/hedged most of our (direct) holdings - either by selling straight (e.g.,OTCPK:TCEHY) or by selling covered calls (e.g., JD(NASDAQ:JD), Baozun(NASDAQ:BZUN), BABA.) This year we have been primarily active in buying Chinese stocks (usually not straight rather) by selling PUTs.</p>\n<p>This doesn't only give us an extra margin of safety, but it allows us to set our own entry price based on our estimates (similar to a price target, but the other way round.)</p>\n<p>In this article, we want to focus on Pinduoduo (PDD), another one of our bullish Chinese positions, though one we have only recently added to our portfolios.</p>\n<p><b>A hyper-growth story at a discount</b></p>\n<p>Besides the typical pressure that Chinese equities face during this time, the Shanghai Consumer Council recently&nbsp;summoned&nbsp;Pinduoduo to urge the e-commerce giant to address problems regarding product quality, fake products, forced order cancellations, non-deliveries, and a price war over new user acquisition. Consequently, shares took another hit which we were happy to once again take advantage of.</p>\n<p>But first, let's briefly discuss why Pinduoduo is greatly undervalued, considering its growth prospects.</p>\n<p>In its most recent&nbsp;quarterly&nbsp;results, Pinduoduo delivered another spectacular report, posting revenue growth of 267% YoY to $3.38B, $180M ahead of estimates. The company is firing in all cylinders, growing its active buyers and MAUs (monthly active users) at explosive rates.</p>\n<p>The fact that active buyers grew by 31% on an LTM basis is utterly impressive, considering that 628.2 million people were already using Pinduoduo during this time last year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54893253cccfc8a765a89b85998ba15e\" tg-width=\"640\" tg-height=\"352\"><span>Source:Q1 presentation</span></p>\n<p>At its current growth rates, even if we were to assume a substantial deceleration, Pinduoduo would likely remain a hyper-growth stock for years to come. Investors often praise the American FAANMG club for their growth prospects, yet their growth can hardly compare to some of their Chinese counterparts, including Pinduoduo.</p>\n<p>To examine the company's revenue growth prospects, let's take a look at the graph below, from which we can note two main points. Firstly, that analyst estimates indicate revenue growth of 33% and 34% in the coming years. However, this makes little to no sense based on the company's revenue growth trajectory. For context, Pinduoduo's 5-year sales growth CAGR is 112%. The second thing to note, which proves our skepticism towards these estimates simultaneously, is that analysts have been hiking their estimates multiple times within a very short period of time, dissolving their accuracy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5acf69f701dc45d5e224085c63f54438\" tg-width=\"635\" tg-height=\"436\"><span>Data by YCharts</span></p>\n<p>We believe that not only is Pinduoduo's dip over the past few months an excellent opportunity, but also the fact that the market is likely pricing the stock based on (what they seem to be ultra-soft) analyst estimates makes PDD's investment case even more attractive, considering the long term (mispricing) potential.</p>\n<p>As you can see from the stock's forward P/S estimates (which are based on estimates which, as we mentioned, are not given credit), Pinduoduo is incredibly cheap. Even if we were to assume revenue growth of around 34%, (which we see as an ultra-soft estimate), a forward P/S of 9.64 would still make no sense.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d366d15b667a156df9c2a09bd1ad64a\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>At its current growth rates, that ratio could easily be double its current one. It would most likely be the case anyway if the company was based in the U.S.</p>\n<p>However, let's not be overly optimistic and estimate what the company could be worth today by assuming quite prudent, in our view, growth metrics. As you can see, we have embedded a swiftly decelerating revenues trajectory in the medium term (despite lacking evidence of such a potential growth deceleration.) We have also assumed an operating margin that gradually continues its currently expanding path, expecting it to \"terminally\" land at around 20% in the long term.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/42211bc98bf3c68658f384fd5f202862\" tg-width=\"640\" tg-height=\"214\"><span>Source:Alpha Spread</span></p>\n<p>We have also forecasted a minimal to no CAPEX going forward, as has been the case historically due to the company's business model. Below you can see our estimated future cash flows and their present value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e55b6c28b0b4b13aa58d8081d88b7e6\" tg-width=\"640\" tg-height=\"275\"><span>Source:Alpha Spread</span></p>\n<p>Plugging everything together along with Pinduoduo's current stock price, we come out with an intrinsic value per share of $191.1, implying an upside of 36.6% from its current levels.</p>\n<p>From another perspective, Pinduoduo's operating margin would have to be at around 9% in the long-term for its current price to be justified ceteris paribus, which we find quite unrealistic.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea1155e31463f253ea03ce4cf6d96c52\" tg-width=\"640\" tg-height=\"217\"><span>Source:Alpha Spread</span></p>\n<p><b>How we are playing Pinduoduo</b></p>\n<p>While we genuinely believe that the stock is undervalued, as we mentioned at the beginning of the article, we recognize the possibility that the stock can easily slide lower. Hence, we are increasing our margin of safety and reverse-setting our PT (setting our own entry price) in case that the stock keeps moving lower by selling PUTs.</p>\n<p>You can see our open PUTs and when we issued their respective trading alerts in the table below:</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Option</b></td>\n   <td>Date opened</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 120.00 P</td>\n   <td>3/24/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 125.00 P</td>\n   <td>5/10/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 130.00 P</td>\n   <td>5/10/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 130.00 P</td>\n   <td>4/20/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 135.00 P</td>\n   <td>3/22/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 140.00 P</td>\n   <td>3/24/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 145.00 P</td>\n   <td>5/10/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 145.00 P</td>\n   <td>3/22/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 145.00 P</td>\n   <td>4/20/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 150.00 P</td>\n   <td>4/20/2021</td>\n  </tr>\n  <tr>\n   <td>PDD 01/21/2022 155.00 P</td>\n   <td>4/20/2021</td>\n  </tr>\n </tbody>\n</table>\n<p>We continue to target net prices of &lt;$115 and as high strikes as possible. We've also used the low 120-strike, not because we've changed our strategy, rather because we've decided to take what the market gives, and PDD for &lt;$100 is a true bargain.</p>\n<p>We might end up making less on this option, monetary-wise, if PDD rises to even (as low as) $150, but the annualized yield is tempting enough not to pass on these options too (against the relatively low risk we see at this &lt;$100 level.)</p>\n<p>The stock, even now, is still trading above the maximum net price that we might pay, even if all PUT options that we've sold will get assigned to us. We're willing to sell higher strikes (than market price) as long as the net price we're getting (upon assignment) would be &lt;-$115.</p>\n<p>We intend to keep showing the stock love, and we will continue to build this (future) position. When we become shareholders, it would be for an average price that would be &lt;$110, for a stock that we see 50% upside to (from &lt;$110), at the very minimum.</p>\n<p>Below you can see the possible scenarios out of selling our latest PUT options (included in the table above), for which we issued a trading alert on May 10th.</p>\n<ul>\n <li><b>SELL (to open) PDD 01/21/2022 125.00 PUT @ $23.50</b></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1476ce94a5292f49e84053d9afa2ee06\" tg-width=\"640\" tg-height=\"428\"><span>Source: Author</span></p>\n<ul>\n <li><b>SELL (to open) PDD 01/21/2022 130.00 PUT @ $27.00</b></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9a95d2161f7d56595afa9fed1277ffe9\" tg-width=\"640\" tg-height=\"428\"><span>Source: Author</span></p>\n<ul>\n <li><b>SELL (to open) PDD 01/21/2022 145.00 PUT @ $37.60</b></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78e16a9b7bbd37998b19b94a1355c938\" tg-width=\"640\" tg-height=\"430\"><span>Source: Author</span></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\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\">\nPinduoduo: Fastening Our Seatbelts Before The Takeoff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 16:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4433039-pinduoduo-fastening-seatbelts-before-takeoff><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPinduoduo's price has faced increased pressure lately along with the rest of its Chinese peers.\nThe company continues snowballing, with analyst estimates hardly reflecting its current growth ...</p>\n\n<a href=\"https://seekingalpha.com/article/4433039-pinduoduo-fastening-seatbelts-before-takeoff\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"https://seekingalpha.com/article/4433039-pinduoduo-fastening-seatbelts-before-takeoff","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174294980","content_text":"Summary\n\nPinduoduo's price has faced increased pressure lately along with the rest of its Chinese peers.\nThe company continues snowballing, with analyst estimates hardly reflecting its current growth trajectory.\nThe stock remains substantially undervalued even by utilizing prudent growth metrics.\nWe continue building our position by selling PUTs, therefore increasing our margin of safety and setting a lower average buying price before the stock's (eventual) takeoff towards its fair price.\n\nPhoto by ipopba/iStock via Getty Images\nChinese equities: The pressure remains\nA little over a month ago, we chose Alibaba (BABA) as our top Consumer Discretionary pick moving forward into the year. Simply summed up, amongst the extended valuations in the sector, Alibaba's robust growth both in its top and the bottom line was (and is) too hard to ignore at its current depressed valuation, despite the risks and volatility surrounding Chinese equities.\nSince then, shares have exchanged hands at even lower prices, but we remain strong believers in Alibaba's and China's long-term potential in general and don't worry too much for now.\nThe funny thing is that both the CCP (domestically) and the US (internationally) are giving Chinese stocks trading in the US a hard time. Obviously, the two parties have different reasons and mindsets, but for us (investors), the outcome is similar - lower stock prices.\nData by YCharts\n\nCan this pressure last a while longer? Yes, it can.\nCan Chinese stocks lose more value (as a result)? Yes, they can.\nDo we still see these stocks as a superb long-term purchase? Yes, we do.\n\nLately, we've sold/hedged most of our (direct) holdings - either by selling straight (e.g.,OTCPK:TCEHY) or by selling covered calls (e.g., JD(NASDAQ:JD), Baozun(NASDAQ:BZUN), BABA.) This year we have been primarily active in buying Chinese stocks (usually not straight rather) by selling PUTs.\nThis doesn't only give us an extra margin of safety, but it allows us to set our own entry price based on our estimates (similar to a price target, but the other way round.)\nIn this article, we want to focus on Pinduoduo (PDD), another one of our bullish Chinese positions, though one we have only recently added to our portfolios.\nA hyper-growth story at a discount\nBesides the typical pressure that Chinese equities face during this time, the Shanghai Consumer Council recently summoned Pinduoduo to urge the e-commerce giant to address problems regarding product quality, fake products, forced order cancellations, non-deliveries, and a price war over new user acquisition. Consequently, shares took another hit which we were happy to once again take advantage of.\nBut first, let's briefly discuss why Pinduoduo is greatly undervalued, considering its growth prospects.\nIn its most recent quarterly results, Pinduoduo delivered another spectacular report, posting revenue growth of 267% YoY to $3.38B, $180M ahead of estimates. The company is firing in all cylinders, growing its active buyers and MAUs (monthly active users) at explosive rates.\nThe fact that active buyers grew by 31% on an LTM basis is utterly impressive, considering that 628.2 million people were already using Pinduoduo during this time last year.\nSource:Q1 presentation\nAt its current growth rates, even if we were to assume a substantial deceleration, Pinduoduo would likely remain a hyper-growth stock for years to come. Investors often praise the American FAANMG club for their growth prospects, yet their growth can hardly compare to some of their Chinese counterparts, including Pinduoduo.\nTo examine the company's revenue growth prospects, let's take a look at the graph below, from which we can note two main points. Firstly, that analyst estimates indicate revenue growth of 33% and 34% in the coming years. However, this makes little to no sense based on the company's revenue growth trajectory. For context, Pinduoduo's 5-year sales growth CAGR is 112%. The second thing to note, which proves our skepticism towards these estimates simultaneously, is that analysts have been hiking their estimates multiple times within a very short period of time, dissolving their accuracy.\nData by YCharts\nWe believe that not only is Pinduoduo's dip over the past few months an excellent opportunity, but also the fact that the market is likely pricing the stock based on (what they seem to be ultra-soft) analyst estimates makes PDD's investment case even more attractive, considering the long term (mispricing) potential.\nAs you can see from the stock's forward P/S estimates (which are based on estimates which, as we mentioned, are not given credit), Pinduoduo is incredibly cheap. Even if we were to assume revenue growth of around 34%, (which we see as an ultra-soft estimate), a forward P/S of 9.64 would still make no sense.\nData by YCharts\nAt its current growth rates, that ratio could easily be double its current one. It would most likely be the case anyway if the company was based in the U.S.\nHowever, let's not be overly optimistic and estimate what the company could be worth today by assuming quite prudent, in our view, growth metrics. As you can see, we have embedded a swiftly decelerating revenues trajectory in the medium term (despite lacking evidence of such a potential growth deceleration.) We have also assumed an operating margin that gradually continues its currently expanding path, expecting it to \"terminally\" land at around 20% in the long term.\nSource:Alpha Spread\nWe have also forecasted a minimal to no CAPEX going forward, as has been the case historically due to the company's business model. Below you can see our estimated future cash flows and their present value.\nSource:Alpha Spread\nPlugging everything together along with Pinduoduo's current stock price, we come out with an intrinsic value per share of $191.1, implying an upside of 36.6% from its current levels.\nFrom another perspective, Pinduoduo's operating margin would have to be at around 9% in the long-term for its current price to be justified ceteris paribus, which we find quite unrealistic.\nSource:Alpha Spread\nHow we are playing Pinduoduo\nWhile we genuinely believe that the stock is undervalued, as we mentioned at the beginning of the article, we recognize the possibility that the stock can easily slide lower. Hence, we are increasing our margin of safety and reverse-setting our PT (setting our own entry price) in case that the stock keeps moving lower by selling PUTs.\nYou can see our open PUTs and when we issued their respective trading alerts in the table below:\n\n\n\nOption\nDate opened\n\n\nPDD 01/21/2022 120.00 P\n3/24/2021\n\n\nPDD 01/21/2022 125.00 P\n5/10/2021\n\n\nPDD 01/21/2022 130.00 P\n5/10/2021\n\n\nPDD 01/21/2022 130.00 P\n4/20/2021\n\n\nPDD 01/21/2022 135.00 P\n3/22/2021\n\n\nPDD 01/21/2022 140.00 P\n3/24/2021\n\n\nPDD 01/21/2022 145.00 P\n5/10/2021\n\n\nPDD 01/21/2022 145.00 P\n3/22/2021\n\n\nPDD 01/21/2022 145.00 P\n4/20/2021\n\n\nPDD 01/21/2022 150.00 P\n4/20/2021\n\n\nPDD 01/21/2022 155.00 P\n4/20/2021\n\n\n\nWe continue to target net prices of <$115 and as high strikes as possible. We've also used the low 120-strike, not because we've changed our strategy, rather because we've decided to take what the market gives, and PDD for <$100 is a true bargain.\nWe might end up making less on this option, monetary-wise, if PDD rises to even (as low as) $150, but the annualized yield is tempting enough not to pass on these options too (against the relatively low risk we see at this <$100 level.)\nThe stock, even now, is still trading above the maximum net price that we might pay, even if all PUT options that we've sold will get assigned to us. We're willing to sell higher strikes (than market price) as long as the net price we're getting (upon assignment) would be <-$115.\nWe intend to keep showing the stock love, and we will continue to build this (future) position. When we become shareholders, it would be for an average price that would be <$110, for a stock that we see 50% upside to (from <$110), at the very minimum.\nBelow you can see the possible scenarios out of selling our latest PUT options (included in the table above), for which we issued a trading alert on May 10th.\n\nSELL (to open) PDD 01/21/2022 125.00 PUT @ $23.50\n\nSource: Author\n\nSELL (to open) PDD 01/21/2022 130.00 PUT @ $27.00\n\nSource: Author\n\nSELL (to open) PDD 01/21/2022 145.00 PUT @ $37.60\n\nSource: Author","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117402247,"gmtCreate":1623155239389,"gmtModify":1704197195441,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"&nbsp;Nice","listText":"&nbsp;Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117402247","isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118181459,"gmtCreate":1622723542571,"gmtModify":1704189747842,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118181459","repostId":"1140207862","repostType":4,"repost":{"id":"1140207862","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":1622722823,"share":"https://ttm.financial/m/news/1140207862?lang=&edition=fundamental","pubTime":"2021-06-03 20:20","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1140207862","media":"Tiger Newspress","summary":"Nasdaq futures lead stock dropMeme stocks fluctuated greatlyU.S. equity futures dropped with Europea","content":"<ul><li>Nasdaq futures lead stock drop</li></ul><ul><li>Meme&nbsp;stocks fluctuated greatly</li></ul><p>U.S. equity futures dropped with European stocks on Thursday as fresh geopolitical tensions added to investor concerns over inflation and a potential reduction in stimulus.World stocks stepped back from record highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data, while oil prices rose for a third straight session.</p><p>At 8:12 a.m. ET, Dow e-minis were down 233 points, or 0.67%, S&amp;P 500 e-minis were down 33 points, or 0.78%, and Nasdaq 100 e-minis were down 149.25 points, or 1.09%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5551aa2c67b20860026ceb7c9155636\" tg-width=\"1080\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:12</span></p><p>A weekly U.S. unemployment report and May private payrolls data on Thursday will be followed by the monthly jobs numbers on Friday. Investors will be looking for signs of an economic rebound and rising inflation.</p><p>Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic as the labor market continues to recover, the Labor Department reported Thursday.</p><p>Initial claims fell to 385,000 for the week ended May 29, a decline from the previous week's 405,000 and below the Dow Jones estimate of 393,000.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>AMC Entertainment&nbsp;(AMC) </b>– AMC&nbsp;filed to sell up to 11.55 million common shares&nbsp;“from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC&nbsp;had initially surged in the premarket&nbsp;after nearly doubling Wednesday, but fell 9.7% after the filing.</p><p><b>BlackBerry&nbsp;(BB),Koss&nbsp;(KOSS),GameStop&nbsp;(GME),Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called “meme” stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath &amp; Beyond dropped 12.9% after soaring 62% Wednesday.</p><p><b>Express&nbsp;(EXPR) </b>– The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.</p><p><b>Meredith Corp.&nbsp;(MDP) </b>– Meredith accepted a revised bid from&nbsp;Gray Television(GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.</p><p><b>Ciena&nbsp;(CIEN) </b>– The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts’ projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.</p><p><b>J.M. Smucker&nbsp;(SJM)</b> – The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.</p><p><b>PVH&nbsp;(PVH)</b> – PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.</p><p><b>Exxon Mobil&nbsp;(XOM)</b> – Exxon said in an SEC filing that hedge fund Engine No. 1&nbsp;had won a third seat on the energy giant’s board. Engine No. 1 – a small investor in Exxon – won a surprise victory with a campaign centered on environmental concerns.</p><p><b>FireEye&nbsp;(FEYE) </b>– FireEye&nbsp;announced the sale&nbsp;of its security software products unit – along with the FireEye name – to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia’s business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.</p><p><b>Emergent BioSolutions&nbsp;(EBS)</b> – The Food and Drug Administration is working with&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;AstraZeneca&nbsp;(AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&amp;J’s vaccine with the active ingredient in AstraZeneca’s treatment.</p><p><b>Splunk&nbsp;(SPLK)</b> – Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.</p><p><b>Tilray&nbsp;(TLRY)</b> – The cannabis producer’s shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray’s merger with Aphria and rated the stock “overweight.” Cantor cites the combined company’s scale as well as upbeat overseas prospects.</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 Thursday</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 Thursday\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\">2021-06-03 20:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Nasdaq futures lead stock drop</li></ul><ul><li>Meme&nbsp;stocks fluctuated greatly</li></ul><p>U.S. equity futures dropped with European stocks on Thursday as fresh geopolitical tensions added to investor concerns over inflation and a potential reduction in stimulus.World stocks stepped back from record highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data, while oil prices rose for a third straight session.</p><p>At 8:12 a.m. ET, Dow e-minis were down 233 points, or 0.67%, S&amp;P 500 e-minis were down 33 points, or 0.78%, and Nasdaq 100 e-minis were down 149.25 points, or 1.09%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5551aa2c67b20860026ceb7c9155636\" tg-width=\"1080\" tg-height=\"405\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:12</span></p><p>A weekly U.S. unemployment report and May private payrolls data on Thursday will be followed by the monthly jobs numbers on Friday. Investors will be looking for signs of an economic rebound and rising inflation.</p><p>Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic as the labor market continues to recover, the Labor Department reported Thursday.</p><p>Initial claims fell to 385,000 for the week ended May 29, a decline from the previous week's 405,000 and below the Dow Jones estimate of 393,000.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>AMC Entertainment&nbsp;(AMC) </b>– AMC&nbsp;filed to sell up to 11.55 million common shares&nbsp;“from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC&nbsp;had initially surged in the premarket&nbsp;after nearly doubling Wednesday, but fell 9.7% after the filing.</p><p><b>BlackBerry&nbsp;(BB),Koss&nbsp;(KOSS),GameStop&nbsp;(GME),Bed Bath &amp; Beyond&nbsp;(BBBY)</b> – These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called “meme” stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath &amp; Beyond dropped 12.9% after soaring 62% Wednesday.</p><p><b>Express&nbsp;(EXPR) </b>– The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.</p><p><b>Meredith Corp.&nbsp;(MDP) </b>– Meredith accepted a revised bid from&nbsp;Gray Television(GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.</p><p><b>Ciena&nbsp;(CIEN) </b>– The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts’ projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.</p><p><b>J.M. Smucker&nbsp;(SJM)</b> – The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.</p><p><b>PVH&nbsp;(PVH)</b> – PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.</p><p><b>Exxon Mobil&nbsp;(XOM)</b> – Exxon said in an SEC filing that hedge fund Engine No. 1&nbsp;had won a third seat on the energy giant’s board. Engine No. 1 – a small investor in Exxon – won a surprise victory with a campaign centered on environmental concerns.</p><p><b>FireEye&nbsp;(FEYE) </b>– FireEye&nbsp;announced the sale&nbsp;of its security software products unit – along with the FireEye name – to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia’s business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.</p><p><b>Emergent BioSolutions&nbsp;(EBS)</b> – The Food and Drug Administration is working with&nbsp;Johnson &amp; Johnson&nbsp;(JNJ) and&nbsp;AstraZeneca&nbsp;(AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&amp;J’s vaccine with the active ingredient in AstraZeneca’s treatment.</p><p><b>Splunk&nbsp;(SPLK)</b> – Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.</p><p><b>Tilray&nbsp;(TLRY)</b> – The cannabis producer’s shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray’s merger with Aphria and rated the stock “overweight.” Cantor cites the combined company’s scale as well as upbeat overseas prospects.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线",".DJI":"道琼斯","KOSS":"高斯电子","BBBY":"3B家居","EXPR":"Express, Inc.",".IXIC":"NASDAQ Composite","BB":"黑莓","GME":"游戏驿站","TLRY":"Tilray Inc.",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140207862","content_text":"Nasdaq futures lead stock dropMeme stocks fluctuated greatlyU.S. equity futures dropped with European stocks on Thursday as fresh geopolitical tensions added to investor concerns over inflation and a potential reduction in stimulus.World stocks stepped back from record highs on Thursday as investors weighed inflation concerns ahead of key U.S. economic data, while oil prices rose for a third straight session.At 8:12 a.m. ET, Dow e-minis were down 233 points, or 0.67%, S&P 500 e-minis were down 33 points, or 0.78%, and Nasdaq 100 e-minis were down 149.25 points, or 1.09%.*Source From Tiger Trade, EST 08:12A weekly U.S. unemployment report and May private payrolls data on Thursday will be followed by the monthly jobs numbers on Friday. Investors will be looking for signs of an economic rebound and rising inflation.Initial jobless claims fell below 400,000 for the first time since the early days of the Covid-19 pandemic as the labor market continues to recover, the Labor Department reported Thursday.Initial claims fell to 385,000 for the week ended May 29, a decline from the previous week's 405,000 and below the Dow Jones estimate of 393,000.Stocks making the biggest moves in the premarket:AMC Entertainment (AMC) – AMC filed to sell up to 11.55 million common shares “from time to time,” according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves “unrelated to our underlying business.” AMC had initially surged in the premarket after nearly doubling Wednesday, but fell 9.7% after the filing.BlackBerry (BB),Koss (KOSS),GameStop (GME),Bed Bath & Beyond (BBBY) – These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called “meme” stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath & Beyond dropped 12.9% after soaring 62% Wednesday.Express (EXPR) – The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.Meredith Corp. (MDP) – Meredith accepted a revised bid from Gray Television(GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.Ciena (CIEN) – The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts’ projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.J.M. Smucker (SJM) – The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.PVH (PVH) – PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.Exxon Mobil (XOM) – Exxon said in an SEC filing that hedge fund Engine No. 1 had won a third seat on the energy giant’s board. Engine No. 1 – a small investor in Exxon – won a surprise victory with a campaign centered on environmental concerns.FireEye (FEYE) – FireEye announced the sale of its security software products unit – along with the FireEye name – to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia’s business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.Emergent BioSolutions (EBS) – The Food and Drug Administration is working with Johnson & Johnson (JNJ) and AstraZeneca (AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&J’s vaccine with the active ingredient in AstraZeneca’s treatment.Splunk (SPLK) – Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.Tilray (TLRY) – The cannabis producer’s shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray’s merger with Aphria and rated the stock “overweight.” Cantor cites the combined company’s scale as well as upbeat overseas prospects.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":183611295,"gmtCreate":1623328049317,"gmtModify":1704200956056,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"Buy&nbsp;","listText":"Buy&nbsp;","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/183611295","repostId":"1107871315","repostType":4,"repost":{"id":"1107871315","pubTimestamp":1623315689,"share":"https://ttm.financial/m/news/1107871315?lang=&edition=fundamental","pubTime":"2021-06-10 17:01","market":"hk","language":"en","title":"Can Alibaba Stock Hit $1,000? What's The Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1107871315","media":"seekingalpha","summary":"The \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.Alibaba has considerably more challenges on hand now than in early 2019 , yet the share price manages to be substantially higher.Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.Alibaba's P/E ratio would compress to a mere 11 ti","content":"<p><b>Summary</b></p>\n<ul>\n <li>The \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.</li>\n <li>Alibaba has considerably more challenges on hand now than in early 2019 (U.S.-China trade war), yet the share price manages to be substantially higher.</li>\n <li>Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.</li>\n <li>Alibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.</li>\n <li>An investment in Alibaba has several risk factors and I wish to highlight two key ones.</li>\n</ul>\n<p><b>BABA stock is on sale</b></p>\n<p>Like the millions of items on its platforms, Alibaba Group (BABA) is on sale. Unfortunately, for many shareholders, the \"promotional period\" has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this as it allows them to continue adding to their shares.</p>\n<p>Regardless, as a writer on numerousChinese internet stockswhose share prices have remained depressed for months and reading the harsh comments, it can get disheartening. As a shareholder in several of them myself, I understand the emotions going through the mind.</p>\n<p>At the same time, there have been many wise readers and fellow authors who provided sound advice that keeps me on the path. For instance, Gary Alexander recently wrote regarding thetech sell-off:</p>\n<blockquote>\n \"When the selloff in the tech sector has proven to be this indiscriminate (good and bad, cheap and expensive stocks are all being sold off at roughly the same pace), it's our job as diligent investors to be extremely discerning in the buying opportunities that have surfaced.\"\n</blockquote>\n<p>With BABA stock having given up all its gains in the past year, it's scant comfort to know the share price is still 58 percent higher than early 2019. Nevertheless, I am bringing this up because Alibaba was being shunned by investors then due to the headwinds from the U.S.-China trade war.</p>\n<p><img src=\"https://static.tigerbbs.com/e90c1a30b5b83eb51c67338eab37cb5e\" tg-width=\"640\" tg-height=\"451\" referrerpolicy=\"no-referrer\"></p>\n<p>Now that the e-commerce and cloud giant has considerably more challenges on hand, yet the share price manages to be substantially higher. This provides a glimpse into the possible future where Alibaba Group Holding Limited overcome its immediate struggles and investors clamor for its shares again.</p>\n<p>That said, how do we justify that BABA stock is on sale? Well, let's look at the valuation. Both Alibaba Group and its U.S. peer Amazon.com (AMZN) have delivered solid revenue and earnings growth in the past years. The improvement in business fundamentals has led investors in both companies to think it would only get tougher to achieve returns expected of a growth stock, compressing their price-earnings multiples.</p>\n<p>Looking at the more representative enterprise value to free cash flow [EV/FCF] ratio, it becomes apparent that the market is valuing Alibaba much lower than Amazon. The EV/FCF is only 16 times for Alibaba and 72 times for Amazon.</p>\n<p><img src=\"https://static.tigerbbs.com/57bda237a374d7f6688c298b0fe9ae21\" tg-width=\"640\" tg-height=\"493\" referrerpolicy=\"no-referrer\"></p>\n<p>With a 3-year revenue CAGR and a 5-year revenue CAGR above 40 percent, it's hard to argue Alibaba Group is not a growth stock. Amazon only managed to deliver around 30 percent CAGR for both its 3-year and 5-year revenues. For the last reported quarter, Alibaba scored a 64 percent increase in revenue. Its forward revenue growth of 35.3 percent surpasses that of Amazon as well.</p>\n<table>\n <tbody>\n  <tr>\n   <td>BABA</td>\n   <td>AMZN</td>\n  </tr>\n  <tr>\n   <td>Revenue Growth [YoY]</td>\n   <td><p>40.7%</p></td>\n   <td><p>41.5%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue Growth [FWD]</td>\n   <td><p>35.3%</p></td>\n   <td><p>27.2%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue 3 Year [CAGR]</td>\n   <td><p>42.1%</p></td>\n   <td><p>29.5%</p></td>\n  </tr>\n  <tr>\n   <td>Revenue 5 Year [CAGR]</td>\n   <td><p>48.0%</p></td>\n   <td><p>29.9%</p></td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Seeking Alpha Premium (data extracted on June 6, 2021)</i></p>\n<p>During times of uncertainty, it is imperative that companies have plenty of liquidity. Alibaba has loads of cash. Its EV to net cash is at a low 11.5 times compared to 36.6 times for Amazon. In other words, Alibaba has much more cash at its disposal relative to Amazon when we compare the enterprise values of the two companies. With the financial heft to withstand regulatory changes and geopolitical headwinds, it seems BABA shares are now at a bargain.</p>\n<p><b>Alibaba stock forecast</b></p>\n<p>The circumstances leading to the rough patch that Alibaba Group has found itself in are well-publicized. For the uninitiated, here are the key hurdles the company has faced:</p>\n<ul>\n <li>Theeleventh-hour suspensionof the IPO of Ant Group, its fintech arm;</li>\n <li>The\"disappearance\" of Jack Ma, the flamboyant founder of Alibaba Group;</li>\n <li>Antimonopoly investigation on its e-commerce practices and the subsequentpenalty meted out;</li>\n <li>Restructuring of Ant Group such that its finance lending unit isregulated like a bank, crimping its valuation.</li>\n</ul>\n<p>Considering the earlier mentioned formidable headwinds, it might seem ludicrous to think BABA stock can hit $1000 per share, more than quadruple the current price. Nevertheless, drawing a straightforward trend line price chart, BABA shares could reach $1000 sometime in the first quarter of 2027, if it crawls along with the support level.</p>\n<p><img src=\"https://static.tigerbbs.com/00dc7dd1ce5e1c05708abe460be89359\" tg-width=\"640\" tg-height=\"249\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Yahoo Finance (chart drawn by ALT Perspective)</i></p>\n<p>Do note that I am not factoring in any share consolidation in the interim. I am also not considering the scenario that Alibaba becomes a meme stock which is possible since Redditors tend to promote stocks that are \"hated\" by the market. I am assuming the adage that the stock market is a weighing machine, in the long run, will come to fruition for BABA.</p>\n<p>Is that thought farfetched? Just a couple of months back, I would answer a categorical no. However, as you will see from the chart, BABA's share price has dipped below the long-term support line. Some stocks have experienced such a chart pattern and managed to return above the support-turned-resistance line. It would not be easy but it has happened.</p>\n<p>Of course, the question here is whether $1000 per share is something foreseeable in the future. I say yes, provided the stock can regain its composure and get back up to the multi-year trend line in the next few months or so. If the stock drifts further south instead, the recovery back to the long-term support line would be too onerous, not to mention to get back on the track to $1000.</p>\n<p>The consensus one-year price target for BABA is at $295.60, 37 percent above the prevailing price. Even if the price target does not get revised upwards through the rest of the year, hitting near that level would bring the share price well above the $278 where the support line will be at the end of 2021. This means it isn't that difficult for Alibaba to return to its uptrend.</p>\n<p><img src=\"https://static.tigerbbs.com/6a8487c8f5276e6dd30d79d024833563\" tg-width=\"640\" tg-height=\"478\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Is Alibaba a good long-term stock?</b></p>\n<p>It is common nowadays to read media headlines and comments about fund managers \"dumping BABA stock\". Thus, it came as a surprise to me that Alibaba Group Holding was ranked fifth among \"50 stocks that matter the most to hedge funds,\" according to the Goldman Sachs'Hedge Fund VIP List.</p>\n<p>As many as 77 funds with 10 to 200 positions have Alibaba Group in their portfolios as of 31 March 2021, way higher than the median of 44 for the other stocks. Alibaba even found itself in the top 10 holdings in 35 funds. The average portfolio weight of BABA stock in these funds was 6 percent, the same weighting as Amazon and Visa Inc. (V). The percentage of equity cap of Alibaba owned by hedge funds was 2 percent, also the same as Amazon.</p>\n<p>Masayoshi Son, the CEO of SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF), recently commented that Alibaba is \"a great company, at a low price compared with its fundamentals.\" As SoftBank is a substantial shareholder of Alibaba, perhaps some readers are not convinced.</p>\n<p>However, Alibaba is becoming such a value stock that even \"Warren Buffett would love,\" according to a recent<i>Barron's</i>article. In a selection of high-scoring U.S. stocks from the Validea Buffett model, with market values above $10 billion, Alibaba Group was among the 10 finalists. Of particular note, it received a perfect score based on the Buffett model.</p>\n<p>What are we missing here? According to the consensus forecast, Alibaba is projected to double its earnings per share to nearly $20 in fiscal year ending March 2026, up from the $10.10 it reported in the fiscal year ending March 2021. Correspondingly, its P/E ratio would compress to a mere 11 times on a forward basis, if the share price stayed stagnant.</p>\n<p><img src=\"https://static.tigerbbs.com/3e98d8e98b1ce9bd2ec6a1275eb329f9\" tg-width=\"640\" tg-height=\"276\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p>If the share price does reach $1000, the P/E ratio would be more than 40 times. That would mean a rather rich valuation for Alibaba. However, we have to consider that the formidable headwinds facing the company have resulted in analysts churning out conservative numbers and price targets. As we can see from the following table, the EPS forecast is premised on the revenue growth steadily declining from the 5-year revenue CAGR of 48 percent to the low teens by 2026.</p>\n<p><img src=\"https://static.tigerbbs.com/7b2476ae016bd40d9b86476464121313\" tg-width=\"640\" tg-height=\"207\" referrerpolicy=\"no-referrer\"></p>\n<p><i>Source: Seeking Alpha Premium</i></p>\n<p>When Alibaba Group continues to deliver steady revenue and earnings growth over the coming years, coupled with a potentialsustained change in narrative, the sentiment towards the stock could switch back to positive and we could once again see analysts revising their projections in reaction.</p>\n<p><b>Risk factors for Alibaba investors</b></p>\n<p>An investment in Alibaba has several risk factors and I wish to highlight two key ones. First, its ADR shares are listed through a Variable Interest Entity [VIE] structure. Some analysts haveraised the concernthat the Chinese government could one day declare the VIE void and the shares could become worthless overnight technically.</p>\n<p>Rationally though, it does not make sense for Beijing to disavow the VIE structure. Listing on the U.S. markets enables its companies to secure funding for business growth which would, in turn, boost the Chinese economy as well as create jobs.</p>\n<p>Second, the Holding Foreign Companies Accountable Act [HFCAA]signed into lawon 18 December 2020 could result in BABA ADRs delisted from U.S. stock exchanges if Alibaba is unable to fulfill the conditions as stipulated in the Act. The company CFO, Maggie Wu, has expressed her confidence that Alibaba cancomply withthe requirements of the HFCAA.</p>\n<p>Nevertheless, the U.S. government can issue amendments to the Act as it hasdone soin March. There is no certainty that Alibaba would be able to meet all future changes to the HFCAA. Investors have to take such risks into consideration.</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>Can Alibaba Stock Hit $1,000? What's The Outlook</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\">\nCan Alibaba Stock Hit $1,000? What's The Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 17:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.\nAlibaba has considerably more ...</p>\n\n<a href=\"https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4433917-can-alibaba-stock-hit-1000","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1107871315","content_text":"Summary\n\nThe \"promotional period\" for BABA shares has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this.\nAlibaba has considerably more challenges on hand now than in early 2019 (U.S.-China trade war), yet the share price manages to be substantially higher.\nDrawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level.\nAlibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.\nAn investment in Alibaba has several risk factors and I wish to highlight two key ones.\n\nBABA stock is on sale\nLike the millions of items on its platforms, Alibaba Group (BABA) is on sale. Unfortunately, for many shareholders, the \"promotional period\" has gone on for too long and patience is wearing thin. On the other hand, there's a camp of investors who welcome this as it allows them to continue adding to their shares.\nRegardless, as a writer on numerousChinese internet stockswhose share prices have remained depressed for months and reading the harsh comments, it can get disheartening. As a shareholder in several of them myself, I understand the emotions going through the mind.\nAt the same time, there have been many wise readers and fellow authors who provided sound advice that keeps me on the path. For instance, Gary Alexander recently wrote regarding thetech sell-off:\n\n \"When the selloff in the tech sector has proven to be this indiscriminate (good and bad, cheap and expensive stocks are all being sold off at roughly the same pace), it's our job as diligent investors to be extremely discerning in the buying opportunities that have surfaced.\"\n\nWith BABA stock having given up all its gains in the past year, it's scant comfort to know the share price is still 58 percent higher than early 2019. Nevertheless, I am bringing this up because Alibaba was being shunned by investors then due to the headwinds from the U.S.-China trade war.\n\nNow that the e-commerce and cloud giant has considerably more challenges on hand, yet the share price manages to be substantially higher. This provides a glimpse into the possible future where Alibaba Group Holding Limited overcome its immediate struggles and investors clamor for its shares again.\nThat said, how do we justify that BABA stock is on sale? Well, let's look at the valuation. Both Alibaba Group and its U.S. peer Amazon.com (AMZN) have delivered solid revenue and earnings growth in the past years. The improvement in business fundamentals has led investors in both companies to think it would only get tougher to achieve returns expected of a growth stock, compressing their price-earnings multiples.\nLooking at the more representative enterprise value to free cash flow [EV/FCF] ratio, it becomes apparent that the market is valuing Alibaba much lower than Amazon. The EV/FCF is only 16 times for Alibaba and 72 times for Amazon.\n\nWith a 3-year revenue CAGR and a 5-year revenue CAGR above 40 percent, it's hard to argue Alibaba Group is not a growth stock. Amazon only managed to deliver around 30 percent CAGR for both its 3-year and 5-year revenues. For the last reported quarter, Alibaba scored a 64 percent increase in revenue. Its forward revenue growth of 35.3 percent surpasses that of Amazon as well.\n\n\n\nBABA\nAMZN\n\n\nRevenue Growth [YoY]\n40.7%\n41.5%\n\n\nRevenue Growth [FWD]\n35.3%\n27.2%\n\n\nRevenue 3 Year [CAGR]\n42.1%\n29.5%\n\n\nRevenue 5 Year [CAGR]\n48.0%\n29.9%\n\n\n\nSource: Seeking Alpha Premium (data extracted on June 6, 2021)\nDuring times of uncertainty, it is imperative that companies have plenty of liquidity. Alibaba has loads of cash. Its EV to net cash is at a low 11.5 times compared to 36.6 times for Amazon. In other words, Alibaba has much more cash at its disposal relative to Amazon when we compare the enterprise values of the two companies. With the financial heft to withstand regulatory changes and geopolitical headwinds, it seems BABA shares are now at a bargain.\nAlibaba stock forecast\nThe circumstances leading to the rough patch that Alibaba Group has found itself in are well-publicized. For the uninitiated, here are the key hurdles the company has faced:\n\nTheeleventh-hour suspensionof the IPO of Ant Group, its fintech arm;\nThe\"disappearance\" of Jack Ma, the flamboyant founder of Alibaba Group;\nAntimonopoly investigation on its e-commerce practices and the subsequentpenalty meted out;\nRestructuring of Ant Group such that its finance lending unit isregulated like a bank, crimping its valuation.\n\nConsidering the earlier mentioned formidable headwinds, it might seem ludicrous to think BABA stock can hit $1000 per share, more than quadruple the current price. Nevertheless, drawing a straightforward trend line price chart, BABA shares could reach $1000 sometime in the first quarter of 2027, if it crawls along with the support level.\n\nSource: Yahoo Finance (chart drawn by ALT Perspective)\nDo note that I am not factoring in any share consolidation in the interim. I am also not considering the scenario that Alibaba becomes a meme stock which is possible since Redditors tend to promote stocks that are \"hated\" by the market. I am assuming the adage that the stock market is a weighing machine, in the long run, will come to fruition for BABA.\nIs that thought farfetched? Just a couple of months back, I would answer a categorical no. However, as you will see from the chart, BABA's share price has dipped below the long-term support line. Some stocks have experienced such a chart pattern and managed to return above the support-turned-resistance line. It would not be easy but it has happened.\nOf course, the question here is whether $1000 per share is something foreseeable in the future. I say yes, provided the stock can regain its composure and get back up to the multi-year trend line in the next few months or so. If the stock drifts further south instead, the recovery back to the long-term support line would be too onerous, not to mention to get back on the track to $1000.\nThe consensus one-year price target for BABA is at $295.60, 37 percent above the prevailing price. Even if the price target does not get revised upwards through the rest of the year, hitting near that level would bring the share price well above the $278 where the support line will be at the end of 2021. This means it isn't that difficult for Alibaba to return to its uptrend.\n\nIs Alibaba a good long-term stock?\nIt is common nowadays to read media headlines and comments about fund managers \"dumping BABA stock\". Thus, it came as a surprise to me that Alibaba Group Holding was ranked fifth among \"50 stocks that matter the most to hedge funds,\" according to the Goldman Sachs'Hedge Fund VIP List.\nAs many as 77 funds with 10 to 200 positions have Alibaba Group in their portfolios as of 31 March 2021, way higher than the median of 44 for the other stocks. Alibaba even found itself in the top 10 holdings in 35 funds. The average portfolio weight of BABA stock in these funds was 6 percent, the same weighting as Amazon and Visa Inc. (V). The percentage of equity cap of Alibaba owned by hedge funds was 2 percent, also the same as Amazon.\nMasayoshi Son, the CEO of SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF), recently commented that Alibaba is \"a great company, at a low price compared with its fundamentals.\" As SoftBank is a substantial shareholder of Alibaba, perhaps some readers are not convinced.\nHowever, Alibaba is becoming such a value stock that even \"Warren Buffett would love,\" according to a recentBarron'sarticle. In a selection of high-scoring U.S. stocks from the Validea Buffett model, with market values above $10 billion, Alibaba Group was among the 10 finalists. Of particular note, it received a perfect score based on the Buffett model.\nWhat are we missing here? According to the consensus forecast, Alibaba is projected to double its earnings per share to nearly $20 in fiscal year ending March 2026, up from the $10.10 it reported in the fiscal year ending March 2021. Correspondingly, its P/E ratio would compress to a mere 11 times on a forward basis, if the share price stayed stagnant.\n\nSource: Seeking Alpha Premium\nIf the share price does reach $1000, the P/E ratio would be more than 40 times. That would mean a rather rich valuation for Alibaba. However, we have to consider that the formidable headwinds facing the company have resulted in analysts churning out conservative numbers and price targets. As we can see from the following table, the EPS forecast is premised on the revenue growth steadily declining from the 5-year revenue CAGR of 48 percent to the low teens by 2026.\n\nSource: Seeking Alpha Premium\nWhen Alibaba Group continues to deliver steady revenue and earnings growth over the coming years, coupled with a potentialsustained change in narrative, the sentiment towards the stock could switch back to positive and we could once again see analysts revising their projections in reaction.\nRisk factors for Alibaba investors\nAn investment in Alibaba has several risk factors and I wish to highlight two key ones. First, its ADR shares are listed through a Variable Interest Entity [VIE] structure. Some analysts haveraised the concernthat the Chinese government could one day declare the VIE void and the shares could become worthless overnight technically.\nRationally though, it does not make sense for Beijing to disavow the VIE structure. Listing on the U.S. markets enables its companies to secure funding for business growth which would, in turn, boost the Chinese economy as well as create jobs.\nSecond, the Holding Foreign Companies Accountable Act [HFCAA]signed into lawon 18 December 2020 could result in BABA ADRs delisted from U.S. stock exchanges if Alibaba is unable to fulfill the conditions as stipulated in the Act. The company CFO, Maggie Wu, has expressed her confidence that Alibaba cancomply withthe requirements of the HFCAA.\nNevertheless, the U.S. government can issue amendments to the Act as it hasdone soin March. There is no certainty that Alibaba would be able to meet all future changes to the HFCAA. Investors have to take such risks into consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118181459,"gmtCreate":1622723542571,"gmtModify":1704189747842,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118181459","repostId":"1140207862","repostType":4,"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161506414,"gmtCreate":1623932836538,"gmtModify":1703823806933,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"To the moon!","listText":"To the moon!","text":"To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161506414","repostId":"2144743097","repostType":4,"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188383567,"gmtCreate":1623421541359,"gmtModify":1704203289181,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"So what will you do with your money? Comment!&nbsp;","listText":"So what will you do with your money? Comment!&nbsp;","text":"So what will you do with your money? Comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188383567","repostId":"1196090491","repostType":4,"repost":{"id":"1196090491","pubTimestamp":1623418568,"share":"https://ttm.financial/m/news/1196090491?lang=&edition=fundamental","pubTime":"2021-06-11 21:36","market":"us","language":"en","title":"Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1196090491","media":"cnbc","summary":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May ","content":"<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.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 undergoing a ‘structural shift’ and these markets will benefit, strategist 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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 21:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/11/strategist-inflation-is-in-a-structural-shift-and-these-markets-will-benefit.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196090491","content_text":"KEY POINTS\n\nThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.\n\nEuropean stocks are set to outperform the U.S. as inflation sticks around and commodities begin a new “supercycle,” according to Livermore Partners Chief Investment Officer David Neuhauser.\nTheU.S. consumer price index on Thursday showed a 5% jump in headline inflationin May from the previous year, its sharpest increase since 2008. Core inflation, which excludes volatile food and energy prices, also notched a 28-year high of 3.8%.\nWhilemarkets have broadly dismissedthe current red-hot inflation figures as transitory and fueled by short-term anomalous factors, Neuhauser argued that a more fundamental \"structural shift\" was taking place.\nLivermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings in the U.S., which account for inflation, were down 2.8% in May from the previous year, according to theBureau of Labor Statistics.\n\"As you are seeing prices for automobiles, as prices for houses, as prices for food and energy go up, even though it looks like the economies are starting to boom, the real issue is you're not seeing wages grow as fast,\" Neuhauser told CNBC's \"Squawk Box Europe\" Friday.\n\"Thus ultimately that is going to start to pinch the consumer and as you know, the consumer is 70%-plus of the economy.\"\nIf inflation is indeed here to stay, as Livermore Partners anticipates, Neuhauser suggested this will cause troubles down the line and will cause the Federal Reserve to apply the brakes to its accommodative monetary policy.\nWage growth sluggish\nNeuhauser pointed to McDonald's and Chipotle as examples of companies that have begun to incur substantial and rising input costs while struggling to attract workers in the wake of the pandemic, leading them to offer bonuses and focus on wage growth.\n\"That is ultimately going to increase the price of their goods and services which will of course increase the prices to consumers,\" he added.\nThis could cause problems if these trends combine with the potential tapering of the Fed's unprecedented bond-buying program, Neuhauser suggested.\n“That is going to have the potential at least to start to rerate markets, which look extremely frothy. Ultimately, that is what you have to focus on as an investor,” he said.\n“You have to look at the numbers and you can push them off to the side, but you can’t do that if you start to see more consistent hotter numbers running forward.”\nCommodities ‘supercycle’\nNeuhauser’s fund is now largely focused on commodities, banks and industrials, as he believes commodities are in the start of a new “supercycle” — a decades-long period in which commodity prices remain above long-term trends.\n“We have seen (fewer) mines being built, we have seen oil and gas see capex (capital expenditure) being pulled away as banks aren’t lending anymore, you are seeing ESG initiatives make front and center stage when it comes to board meetings,” he said.\n“I think there has been this structural shift where you have not seen capital, capital has been starved to the complex and ultimately you have a dollar that is looking to potentially fall apart.”\nThis shift means commodities are the place to be for investors over the next three to five years, he argued.\n“We are playing that in terms of some of the smaller cap free cash flow or cash flow businesses out there,” he said.\n“A lot of it is in Europe and a lot of it is international, so I think Europe is going to outperform the U.S. as we go forward and that is where most of our capital is actually at Livermore, in a lot of these European stocks tied to mining.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180472313,"gmtCreate":1623224289032,"gmtModify":1704198693143,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"Let's go!&nbsp;","listText":"Let's go!&nbsp;","text":"Let's go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180472313","repostId":"1174294980","repostType":2,"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117402247,"gmtCreate":1623155239389,"gmtModify":1704197195441,"author":{"id":"3585694480129982","authorId":"3585694480129982","authorIdStr":"3585694480129982","name":"jetng1","avatar":"https://static.tigerbbs.com/f8f077762f94f03702746d813d4dd621","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585694480129982"},"themes":[],"htmlText":"&nbsp;Nice","listText":"&nbsp;Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117402247","isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}